Once Lembaga Tabung Angkatan Tentera (LTAT),the controlling shareholder of Boustead Holdings Bhd confirm to privatise the company at 80 cents per share,then Boustead Plantation share price will hit limit up

By year end will hit to RM1

At least 0.40 and above by today

Expecting the new management Groups of Boustead will successfully implemented the restructuring plans and turnaround exercise soon
The first restructuring plans they are going to deal is to privatise the Boustead Holdings

Resistance1: Rm0.425
Resistance2: RM0.560
Support : Rm0.380

Boustead Plantation earning expect to anchor the bulk of earnings in the coming quarter ,since 91% of its plantation estates are already matured

If company revalue its prime lands ,the NTA should be worth more than RM1.14 per share

The Boustead Plantation share price will eventually move above 0.50 just a matter of time
Stay tunes! Don't give up
Waiting durian to fall down

The share price is so cheap and this is the economical of scale to privatisation without incur the additional costs if compared previous year the share price moved around 1.20 to 1.40 per share

The easy way for them to restructurer the company is to take it private and after privatise,they will start to strengthen the operation and drive performance for the next years

The chairman of Boustead Groups is bullish on the transformation programme
I expect one of the transformation programme is to privatisation of the company

Count down to finalize the privatisation plans soon

Depreciation of currency will hep to boost the export of commodities stock especially the plantation companies

This is the hidden gem stock with so many free hold lands on hand

Amongst the plantation stocks, Bstead Plantation is the most cheapest valuation stock
Hold tide and waiting to hit jackpot !

Boustead Chairman Datuk Seri Mohamad Khaled Nordin said"As a result of the COVID-19 pandemic and subsequent MCO ,business activity and essentially came to a halt in many industries.The Boustead group was not spared the brunt of this,as most of our divisions were affected,impacting earnings for the first quarter.
While this challengingsituation is set to persist for 2020.
We are positive that the group-wide transformation exercise.We are currently undergoing will enable us to weather through
"With this plan underway,we aim to strengthen the groups operation and drive performance to see brighter over the next three years" he added

Window dressing start from next week onward till end of the month
NTA 1.14
TP 0.57

NTA still worth 1.77 instead of 1.84

Expect the privatisation plan will announce by end of the month

40 cents still very cheap and undervalued

Waiting to hit jackpot

Good news to be announed very soon

Confirm take private at 0.90?

Nothing surprise if drop to 2.00

Always keep in mind " Don't ever catch a sharp falling knife,let it free fall till hit the ground"

When hit down to 2.00 then they will call up to strong buy again

Why all reseach invesment house are keep quite now and they even not recommend to a call buy buy buy for glove stocks ? Very funny

Next month onward can sell short most of glove counters

They try to suuport at 2.70 and distrubute to you all
Are you dare to absorb their stocks?

This counter has already cornerd and control by speculaters and punters
They will sure try to distribute the share price to you all and before shooting down it will let it up and down so that they are able to clear their cheaper stocks eventually

The next coming down price will be 2.30 soon and follow by 2.00

Still not too late to dispose take profit faster

If you listen to all investment banks and super star analyts you will feel the pain now

This is a small size company compare with other glove counters
Its share price has already superb overvalued
When share price shooting up to 4.50 I have given advise all to dispose all as soon as you can

PE 60 times very crazy valuation
If PE 20 times,this counter should worth 0.90

Update for PE 100 times at the current price of 14.90 still very very ctritcal superb expensive

What goes up overly must comes down heavily like a sharp falling knife,pls do not catch it up till it fall down in the ground

Glove stocks--- panic sell,overbought,overvalued or cheated by investment bank asking to call BUY BUY BUY never ask to SELL SELL SELL

PE102 times
If PE 50 times,then it will come to 7.40

Yes the number of price and volume quite high becouslea lot of crocodiles and speculators still holding so many stocks and they try to distribute it and makiing the share price up and down'so that they unload it as soon as possible but it need to take times to unload their shares

I am not talking nonsense,i am instead given the fact so that we would not sufer a huge losses due to these dirty analysts recommendation

When the time all glove companies share price shooting up in sky
All analyts comes out to write in the articles to upgrade and call buy buy buy
If you listen and trust them during that time,then you feel the pain right now

When it reached 4.20 i have given alert to sell all as soon as possible don't waste time and predict it can continue to accelerate,no such thing ok

Topglov cap at 8.65

Dow Jones futures down 363 points

Next coming price 2.30

Base on 2.78,PE 48 times
If PE 20 times,then its share price should worth 1.12

If you wish you to invest glove counters,pls check their PE first before you buy

The critical high PE 50,60 ,105 times and so on for all glove companies couldn't be sustained for long time
Finally will back to normal average PE 20 times

This show you to fasten your safety belt as tide as possible
Don't e ever catch a sharp falling knife even though these glove companies futures performance are still bright
All current critical highest prices are already reflect its future earnings
Overvalued,overbought and over PE