Will Q118 results be better thn Q117?

Based on my analysis, average CPO price for Q117 is 16% higher (after take into count export tax impact of approx. 5% for Q117) thn Q118.

Note: There are no CPO export tax for Q118.

Q118 production (226,323 MT) is 7.4% higher thn Q117 (209,527 MT).

Net basis, normalized palm business for Q118 should see LOWER profit by approx. 9-10%, which is RM4.5m-5.0m. (Based on Q117 profit of RM44.2m+Net interest cost of RM5.8m)

However, there will be savings on interest expense of RM5.0-5.8m due to settlement of revolving loan as a result of cash pile from Penang land sales.

Thus, if my calculation is correct, Q118 results should matches Q117. Expected ex-bonus dividend payout should be 1.7-1.8 sen (2.5sen x 5/7)

Was expecting the price to go up to RM1.80 cum-bonus (wild guess), but seems like hitting blocks at RM1.74-RM1.75. Given the value of the penang land to be unlocked in stages, long term potential will outweigh the impact from lower CPO price.

junclj, stop responding to this joker and he/she will diam eventually

and i sincerely hoped tht u save up the sales proceeds from Bplant sales (if you really owned any) for ur future losses, because you really need it... so for now, pls show off (if its real) while you can...

Will not waste or devote my time to respond to ppl like you, i would rather spend my time on something tht is more meaningful. Your postings does not value add to Bplant wall and in fact you are contaminating all the walls that you are commenting. This forum is for investors to share information and knowledge and not for ppl like u making wild buy calls.

good for u, hoped u dont choke on it....

Such a sohai

If u have 200k as wht u claimed, PLEASE sell all at 1.69, I believed u will be able to buy back at lower price!

Jaya, so how much loss u incurred? i guess u bought at RM1.76. Minus dividend 4 sen, ur net cost is RM1.72, so fast surrender and turn ur paper loss to realised lost already?

J oh J, pls dont embarrass urself anymore...

i bet u dont even know who is controlling Boustead shares by coming out with ur RM1.02 TP, any idea wht was its IPO price?

need to get ready my money whn it happens...

hahaha.... new TP from Jaya, RM1.02... pls state ur timeline, whn will it happen?

seems like ur tone had changed since your buy calls and TP of RM1.75, sold all already?

what makes u invest in BP in the 1st place 4 yrs ago? u got it during IPO?

Ex Bonus- RM1.21 x 7 shares= RM8.50

Cum Bonus- RM1.70 x 5 shares= RM8.50

no la, u get more shares, more shares will be credited to u... Eg. every 5 shares u hold will become 7 shares post bonus... take RM1.70 as example, theoretical ex bonus price will be RM1.21... and ur CDS will be credited additional 2 shares post bonus issue...

junclj, dont understand

Jaya, good luck to u and good night... hoped u recover you costs

Anyone able to tell why operating expenses for BP for Q417 is significantly higher thn Q317? Is it kitchen sinking to boost Q118? if anyone knows pls share...

Based on dutaland Q4 announcement, they projected the sabah land sale to be completed by Q418.

corrections on "but bonus yield per combo of "5 shares that become 7" will be same".... after thinking further, the reason of the management giving bonus issue rather thn dividend is to buy the sabah land to sustain future income... hence, factor in additional CPO income from sabah land, the bonus per share should be at least same or better, depending on CPO price... if Chinese envoy really serious in their commitment to buy Malaysia's Palm Oil, there should be positive trending in the long term...

agree on long term investment, better return thn Amanah Saham...

for every 5 share u get 2 additional, meaning if now u hold 5, u get 7 ex-bonus... price will be lower of course... bonus yield per share will be lesser... but bonus yield per combo of "5 shares that become 7" will be same... hoped my layman explanation clear...

0.61 now

https://www.channelnewsasia.com/news/asiapacific/malaysia-s-parliament-to-be-dissolved-between-mar-28-to-30-the-10044978

Holding power is very important... BP, is a div yield share with a yield of 7-8%.... so I do not expect price to fluctuate much... if u read their annual report, they intend to let go all their Seberang Perai land which have a market value of 10X of its cost.... of course finding buyer takes time.

They have been doing this for quite some time already, which they normally put multiple 100 shares, buy or sell queue to “mark” their order...

Institution players purposely press down price. If u see the timing of the transactions, it all happened within minutes from 1.71 to 1.68 (and surprisingly there were big quantities waiting there to absorb the sales, so I suspect they play “left pocket, right pocket”, meaning pushing down price without effectively loosing their holdings. Intention was to force panic selling.

Annual Report for the coming AGM

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5723429

very surprised of your buying calls whn BP is under selling pressure today...

so how many shares u let go today?

you writing shit, with all your fictitious TP and buy calls...i writing facts, with references...

wht IJM got anything to do with MRCB?

oh, yeah, sapu a lot today... so tonight cant sleep?

AGM to be held on 13 Apr @ 9am, expect them to announce the date of EGM on the same date too... The AGM for Bstead is in the afternoon...

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5722141

Pitty of u sleeping later and later everyday

So what happen to ur TP of 1.75?

Jaya, who are you to recommend? Rumour monger!

MIGHTY
RUSHING
CHARGING
BEAR???

Oil palm biz is under pressure, expect to see some short period of downtrend once sabah land complete... interest cost (from revolving loan) will go up and it takes some time for the production (from sabah land) to pick up...

http://www.theedgemarkets.com/article/cpo-prices-expected-come-under-pressure-say-analysts

got ppl really trust calvin 1 ar? wow...

Hah, u check Amfirst REIT, it’s also trading at half of its NTA, but already tired of average purchase down already...

Pui!

Cepat kaya?

The acquisition is need to increase their landbank, RM75mil already paid, no turning back...

Expect parliament to table this ASAP and dissolve thereafter...