Prudence accounting will not reverse impairment unless there are necessary to do so. With lower asset value due to write down, depreciation are lower too. So long term is beneficial for bplant to remain status quo as lower depreciation charge will offset the interest cost.

Pls standby, traders limit over, need approval to trade more…

Even if EY accept the engagement, the outcome can still be EY agrees with KPMG findings

1.7b volume can be 100m recycle 17 times

Mickey, which news to trust?

https://www.reuters.com/article/us-malaysia-palmoil-idUSKCN2E00S6

Hoped no 1 here get burned today

Bstead can self sustain if they sell assets, but it’s tough in this economy environment…privatisation will need LTAT to pump in more money… actually if managed properly, bstead got lots of potential… hopefully the new management can turn it around…

Mutts, it’s a known fact… actually the AGM they don’t need others to approve the reso, LTAT n bstead alone are enuf, AGM is just a formality

I think based on fundamentals bstead shld be around 60s, only whn bplant n Pharma showing handsome numbers thn it’s going to be better

For those who still wanna wait for privatisation, good luck… hoped u all won’t be like Jacky Cheung “等到花儿也谢了”

Hopefully we can move on, look at bstead potential n not bank on privatisation pls

Bplant shld get u guys to sit in the board

Have Elon Musk announced already?

Wow, now bankers also come out to spread rumours? Next who else? Elon musk?

Just take wht edge write as reading material, it’s not a bible..

The edge was WRONG on bstead privatisation!

Is privatisation something announced or it’s just wish list for some investors? Don’t see it in the news, only to see it here

Not to forget IMPARE(ir)MENT…

Asia88, I think Parkinson did not attend the AGM coz no question on algae oil being raised.

Parkinson, suggest u talk abt Algae oil, at least no 1 can dispute u... ur problem starts whn you talk abt replanting as OPEX instead of CAPEX and IMPARE(IR)MENT...

Red coz panic resulted by jtiasa, after ppl realised jtiasa loss due to futures gambling, bplant go back up…

They have operating profit, the only issue is they gamble in futures n lost… as simple as tht… underlying performance still there…

Kaq, apparently karex doesn’t do exceptionally well during MCO 1.0, perhaps less foya outside? Instead it was baby boom…. Let’s see if this round causes condom demand surge or baby boom ya…

At least Gardenia price maintained…. lol

https://www.thestar.com.my/news/nation/2021/05/29/domestic-trade-deputy-minister-no-price-hike-for-gardenia-bread

No point of speculating, Azmin Ali is working hard to make sure the impact to everyone rice bowl minimised… trust in him, trust in PN…

There are flip side of every possibilities. 1. If plantation is not essential for this lockdown, thn fruits still growing, but no1 harvest n apply fertiliser, market perceive this as lower production/supply n hence push up the price. 2. Plantation is essential, thn it’s BAU. Whatever MITI decides, it doesn’t cause a significant impact to plantation industry, but for sure short term impact there will be.

Parkinson, pls talk abt huge impairment tomorrow morning ya

Asia88, with all the respect, stop commenting thn…

parkinson, pls talk somemore

Parkinson guy, where r u?

I think let’s target 100-150m for now la… if they can get machinery to pick up the fruits n drone to fertilise, thn we can aim for ur number. Y with so many unemployed, they don’t want to get job as oil palm harvester… just thinking…

Firerain, have u factor in lower productions and higher taxes

Parkinson, y u change user id?

Tranny, Parkinson English is maximum already.. previous he/she mention IMPAREMENT instead of IMPAIRMENT…

Thank u Parkinson…

Still remember how many things u bought during mco tht u throwaway subsequently?

Btw, whn ppl stock due to Covid fear, they will tend to over stock and whn things get better, this overstock becomes wastage.

Yippy, yes but actually i kinda like Parkinson, coz each time this character talks, it either push bplant up or stop bplant downturn, yday soy futures drop, once Parkinson start talking, soy go up…

Parkinson, can u pls say during market day? So price have been going up so much… profit taking n market consolidation cannot?

Covid might trigger panic buying and ppl will be buying for supplies for a few months ahead. Hence demand increase.

Parkinson, what’s ur take on bplant?

Let’s watch out for bplant Apr production these few days.

Everything Parkinson throw becomes gold

thanks Parkinson... pls shout out more

Parkinson, pls keep on posting whn market open today.

Before that FCPO will ride on Soya hitting ATH yday on Monday.

Margin call? Profit taking?

Now soya is up, assuming it’s holding at current price, tomorrow FCPO will attempt 4.8k, ATH wor…