And this is THE STORE

MGO was Rm3.52

MGO revised up to Rm3.70

See all the interesting comments in THESTORE Forum

THE STORE CORPORATION BHD
KLSE (MYR): TSTORE (5711)

https://klse.i3investor.com/web/stock/overview/5711

Posted by ChloeTai > 2 hours ago | Report Abuse

@calvintaneng, I am a newbie in Mandatory General Offer (MGO). Assuming nothing goes wrong, will the price of BPLANT be 1.54/1.55?


Ok this is Tkmarmur forum in i3

Offer was Rm1.80

Final Offer raised by 10 sen to Rm1.90

Final traded price was Rm1.89

Those who sold at Rm1.89 will get money faster but will incur trading fees

Those who waited for Final Cash credited into Bank Acc will get full Rm1.90
(Remisier gets nothing)

So Remisier normally want us to sell

See all the interesting comments

TANAH MAKMUR BERHAD
KLSE (MYR): TMAKMUR (5251)

https://klse.i3investor.com/web/stock/overview/5251

normal final last trading day eventually will be near to offer price

but those who did not sell will get payment as stated unless revised higher

For Tmakmur
MGO was Rm1.80
but at the end price was raised to Rm1.90

For TheStore
MGO was Rm3.52
later MGO was revised up to Rm3.70

final price for THESTORE was Rm4.00

Post removed.Why?

Yes, there will be risk but risk now different as two things have changed

1. Tok Mat already said "Bplant planting on "gold mine" and as such value is announced

Since Boustead needs lots of cash to meet debt obligation the 33% sale of bplant shares to Klk is only a stop gap measure. Boustead still need to find lots more cash and expect more

2. With the entrance of Klk Bplant will see more Superior management

What can happen?

1. Klk after taking over Bplant shares might offer MGO for the rest of shares to all at Rm1.55

Unless some entity buy above 10% from open market chances are Klk might succeed

2. Should Klk fail to garner enough then Bplant will remain listed

From past experience
Tasek was given MGO at Rm3.80 but remain listed

After Hong Leong got some but not enough 90% Tasek shares at Rm3.80 (still listed then ) Tasek shares price jumped to the height of Rm16.00

later Tasek again retraced to Rm5.50 and Hong Leong gave a second attempt to take all Tasek shares private at Rm5.50 which it finally succeeded
So should Klk fail to get all Bplant shares at Rm1.55 chances of Bplant going back below Rm1.55 will be slim (as Klk has done the homework and will stand firm taking all at Rm1.55)
so chances of Bplant trading above Rm1.55 very possible

3. And if Klk succeeds taking all free-float and others at Rm1.55 then Boustead could remain a jv partner with Klk as an unlisted entity

or else Boustead can ask for a higher price from Klk to sell it's balance share

All above are suppositions and we will see how things unfold in coming days

Remember
for compulsory MGO Klk needs more than 90% of Bplant

Felda gave Rm1.30 for Fgv privatisation but failed as Fgv is now over Rm1.40

Iike Fgv Bplant is still very undervalue at Rm1.55

The spectacular results of Klk lasted from 2005 to 2015 when it rose from the low of Rm4.10 to over Rm23.00

However, from 2015 till now 2023 8 years already Klk has been trading rangebound

It cannot grow organically as there is restriction since no more clearing of greenfield forest to make way for palmoil

As such Klk has no choice but to grow by acquisition from other brownfield owners like ijmplant and now Bplant to expand its future growth

These acquisition can by like Kretam buying pieces of palmoil estate from Npc Corp or outright buying of ijmplant and bplant by Klk will mean more bigger palm oil co buying over smaller palmoil co to grow

The trick is to buy laggard palmoil co with large palm oil landbanks as these will be 🎯 targets of acquisition just like ijmplant and bplant taken at better prices

Correct
Fgv also another Undervalue palm oil co being taken over at grossly unfair price of Rm1.30

At Ipo both Pahang and Sabah Govt took position at above Rm4.00 cost

So better give a more just offer

Privatisation of these below

1. Kulim Rm4.10
All palm oil lands in johor

2. Tmakmur Rm1.90
All palm oil lands in Pahang

3. Kwantas Rm1.65
All palm oil lands in Sabah

4. Ijmplant Rm3.10
Palm oil lands located in Sabah, East Kalimantan and Sumatra

5. Bplant Rm1.55?

220,000 acres
Palm oil lands in Prai, Kedah, Perak, Kemaman, Trengganu, N. Sembilan, Pahang, Johor, Sarawak and Sabah

Why others with less than 200,000 acres plus less ideal locations given higher price?

Chloe Tai

I think Bplant at Rm1.55 just too cheap

I hope it stay listed and let Bplant go above Rm2.00 to Rm3.00 at least

Others i think will play catchup with Bplant are Thplant, Jtiasa and Tsh resources

Fgv is another interesting stock to watch as Major holders like Pahang and Sabah Govts still holding their Fgv tightly

KLK 2005 to 2015 Spectacular Performance should be emulated by all Palm OilCompanies

If all were to give out consistent & increasing dividends their share prices will move up in tandem

WHY BPLANT WILL PERFORM EXCEPTIONALLY WELL WITH THE EXPERTISE OF KLK IF IT STAYS LISTED, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2023-08-26-story-h-241833228-WHY_BPLANT_WILL_PERFORM_EXCEPTIONALLY_WELL_WITH_THE_EXPERTISE_OF_KLK_IF

WHY BPLANT WILL PERFORM EXCEPTIONALLY WELL WITH THE EXPERTISE OF KLK IF IT STAYS LISTED, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2023-08-26-story-h-241833228-WHY_BPLANT_WILL_PERFORM_EXCEPTIONALLY_WELL_WITH_THE_EXPERTISE_OF_KLK_IF

WHY BPLANT WILL PERFORM EXCEPTIONALLY WELL WITH THE EXPERTISE OF KLK IF IT STAYS LISTED, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2023-08-26-story-h-241833228-WHY_BPLANT_WILL_PERFORM_EXCEPTIONALLY_WELL_WITH_THE_EXPERTISE_OF_KLK_IF

WHY BPLANT WILL PERFORM EXCEPTIONALLY WELL WITH THE EXPERTISE OF KLK IF IT STAYS LISTED, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2023-08-26-story-h-241833228-WHY_BPLANT_WILL_PERFORM_EXCEPTIONALLY_WELL_WITH_THE_EXPERTISE_OF_KLK_IF

titan3322

Wah ular and kawan2 from gloves also here cari makan ka ? Dia tau gloves sudah Jalan mati Tapi palm oil still got chance aiyoh correct 🤣🤣🤣

2 hours ago

WAHAHA!

THOUGHT I WAS IN WRONG FORUM AFTER SEEING ULAR, TIKUS, STINGRAY, LURKER AND OTHERS CROWDING HERE

LOOKS LIKE TSH WILL BE BUSY SOON LIKE BPLANT

For Bplant now is at its easiest as KLK & LTAT unlocking value & Almost Everybody sits up & chase like mad in hot pursuit

The hardest part was buying Bplant at 57 sen when few people were interested & when doubters and naysayers abound

BY AFTER WE HAD DONE OUR HOME WORK CAREFULLY AND BOUGHT "IN FEAR" AT SUCH LOW PRICES (57 SEN)

THE WORK IS DONE. AND THEN WE CAN SIT BACK AND HOLD FOR EVER.

TILL ONE DAY LIKE NOW WE ARE FINALLY REWARDED FOR HOLDING PATIENTLY

See our Home Work
Things were still murky and misty then

Now VALUE IS UNLOCKING

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2021-04-12-story-h1563301593-PALM_OIL_JEWEL_BPLANT_OR_BOUSTEAD_PLANTATION_5254_BPLANT_HAS_DEEP_VALUE

NOW THINGS ARE CRYSTAL CLEAR

SO BPLANT HOLDERS ARE REJOICING HAPPILY

CONGRATULATIONS!

WELL DONE TO ALL HOLDERS!

ESPECIALLY TO

ALL AT

EAGLE VISION FIRST MOVER (WHATASPP GROUP)

ChloeTai

Dear Mr Calvintaneng,
Can you please list down the steps investors should do for the general offer of Bplant?

4 hours ago

Don't need to do anything at all

Just hold till they take over your shares and bank in CASH to your Bank Acc

Easy like A, B & C

😊😊😊

of course it will take time

SUSTAIN YOUR PATIENCE
GREAT MOVEMENTS TAKE TIME TO GO UP

Note

Ijmplant was Rm1.86
Klk took it over Rm3.10

Bplant 57 sen
Now Klk taking over Rm1.55

Anyone missed Ijmplant at Rm1.86

All who missed Bplant at 57 sen

Should take Calvin's best advise

Tsh below Rm1.00 just sapu all

Not enough money ?
Can sell others to buy Tsh on the cheap now

And we begin with the end in mind

Step one
At first Ltat took over all the shares of Boustead at 85.5 sen

Step two
Most moved from Boustead to Bplant

Step three
After Bplant also taken over at Rm1.55
Cash will move on to Thplant, Jtiasa, Tsh and others

Cash is liquid and not static and so share prices keep moving up or down all the time

Klk if keep Bplant listed will be excellent indeed!

Klk par excellence management will increase the profits and dividend payout of Bplant by leaps and bounds

however, judging from Ijmplant being taken over and delisted Bplant might also be absorbed into Klk

since nothing is clear yet hold on if you can and if not then switch to these 3 laggards at penny stocks level with huge landbanks over 200,000 acres each like bplant - Thplant 240,0000 acres
jtiasa 206,000 acres
Tsh resources

Finally

Bplant in Top volume and reached Rm1.50

Time to buy laggards like Tsh, Thplant and Jtiasa while they are still in pessimism

Bplant at 57 sen was during pessimism

Why 90% to 95% of people year after year are losing monies in the stock market?

Answer :

By doing too much and too frequent short term trading that incurs high fees that eventually cause losses

Follow the advise of Warren Buffet who seldom trades

He holds shares very long term

Trading in and out all the time is not the way to invest

As for Research houses giving target buy or sell calls on Tsh just give them a pass

They have issued scores of Tsh call warrants to bet against Tsh and have vested interest to make sure their call warrants to expire out of money
As such better get your advise elsewhere

And people like 3iii also should be avoided

See How NTA Investing Explained

TSH RESOURCES (9509) TAKE A DEEPER LOOK INTO ITS BALANCE SHEET WILL SEE VERY HEALTHY STATE, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2023-08-24-story-h-241866924-TSH_RESOURCES_9509_TAKE_A_DEEPER_LOOK_INTO_ITS_BALANCE_SHEET_WILL_SEE_V

YoY Jtiasa NTA jumped 12 sen!!!

Posted by BursaVulture > 1 day ago | Report Abuse

Hi Calvin, is now a good time to all in TSH?

Calvin replies!

YES! DEFINITELY RIGHT TIME TO BUY TSH NOW! NOW!! NOW!!!

TSH RESOURCES (9509) TAKE A DEEPER LOOK INTO ITS BALANCE SHEET WILL SEE VERY HEALTHY STATE, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2023-08-24-story-h-241866924-TSH_RESOURCES_9509_TAKE_A_DEEPER_LOOK_INTO_ITS_BALANCE_SHEET_WILL_SEE_V

SEE

TSH IS NOW IN PRINCIPLE DEBT FREE & CASH RICH

VERY HEALTHY AND AT ITS BEST STATE

Underpinned by its strong
financial position

Read again

Notwithstanding the uncertainty in the near term CPO price outlook, the Group remains
optimistic on the long term prospect of the palm oil industry. Underpinned by its strong
financial position, the Group will strive to progressively increase the planted hectarage to
maintain production growth. Palm products segment will remain the core contributor to the
Group. Barring any unforeseen circumstances, the Group is optimistic of achieving satisfactory
performance for year 2023

See Netx still listed and in trading while Serba suspended and going to be delisted soon

As for Talam don't you know UEMS already up due to HSR revival?

Ecer Rail passing through Serendah will lift up Talam just like HSR lifted up UEMS

And TSH is doing excellent if you know how to read financial statements

See From TSH (Refer Bursa)

3. Commentary on the prospects
CPO price has been trending sideway recently hovering around RM3,700 per MT amidst the
surge in export and widening of discount with soybean oil due to discruption of supply of
sunoil and temporary production setback in soybean oil. However, the upside support was
neutralised by the forecasted rise in the CPO inventories.
The Group expects the uncertainties regarding the demand and supply condition due to weather
phenomenon, export outlook for India and China and geopolitic tensions to continue influencing
the direction of CPO price for the remaining months of 2023.
Notwithstanding the uncertainty in the near term CPO price outlook, the Group remains
optimistic on the long term prospect of the palm oil industry. Underpinned by its strong
financial position, the Group will strive to progressively increase the planted hectarage to
maintain production growth. Palm products segment will remain the core contributor to the
Group. Barring any unforeseen circumstances, the Group is optimistic of achieving satisfactory
performance for year 2023

https://www.bursamalaysia.com/bm/market_information/announcements/company_announcement/announcement_details?ann_id=3379307

Taking out Income Tax Expense (Credit reversal) still very decent profit of more than 4 sen profit.
annualised 16 sen and at 71 sen Jtiasa P/E only 4.43

Moreover, Its debts now pared down further from Rm200 millions only Rm93 millions

NAV (NTA) best

NTA up 12 sen from Rm1.31 to Rm1.43

A nice dividend (second interim) of 1.7 sen

Well done! Jtiasa!

Resounding Success!

Standing ovation!!

All round applause!!!

JAYA TIASA: THE MOST OUTSTANDING RESULTS OVERALL!!!

Fantastic results

Plus 1.7 sen dividend

Debts further reduced

Jtiasa so super fast growth

calvintaneng

Take note on Bplant

Buy call was 57 sen

See Very Very Carefully

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2021-04-12-story-h1563301593-PALM_OIL_JEWEL_BPLANT_OR_BOUSTEAD_PLANTATION_5254_BPLANT_HAS_DEEP_VALUE

after that received 24 sen dividend

So cost is 33 sen

KLK offers Rm1.55 to take over Bplant

So from 33 sen to Rm1.55 is up by Rm1.22 (OR UP 369%!!)

Peter Lynch said buy a basket of shares
Even if one or two go bankrupt still ok if one can be a multi baggars (that is up 5X or 10X or more

In the case of Bplant it is up 369%

And the maximum loss in a share is 100%

NOW ALL TOP 10 PALM OIL STOCKS WILL SHINE AND SHINE

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2021-11-04-story-h1593687704-Reposted_Article_OIL_PALM_STOCKS_IN_Bull_Run_Time_Those_Prepared_with_B

calvintaneng

Take note on Bplant

Buy call was 57 sen

See Very Very Carefully

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2021-04-12-story-h1563301593-PALM_OIL_JEWEL_BPLANT_OR_BOUSTEAD_PLANTATION_5254_BPLANT_HAS_DEEP_VALUE

after that received 24 sen dividend

So cost is 33 sen

KLK offers Rm1.55 to take over Bplant

So from 33 sen to Rm1.55 is up by Rm1.22 (OR UP 369%!!)

Peter Lynch said buy a basket of shares
Even if one or two go bankrupt still ok if one can be a multi baggars (that is up 5X or 10X or more

In the case of Bplant it is up 369%

And the maximum loss in a share is 100%

NOW ALL TOP 10 PALM OIL STOCKS WILL SHINE AND SHINE

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2021-11-04-story-h1593687704-Reposted_Article_OIL_PALM_STOCKS_IN_Bull_Run_Time_Those_Prepared_with_B

Take note on Bplant

Buy call was 57 sen

See Very Very Carefully

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2021-04-12-story-h1563301593-PALM_OIL_JEWEL_BPLANT_OR_BOUSTEAD_PLANTATION_5254_BPLANT_HAS_DEEP_VALUE

after that received 24 sen dividend

So cost is 33 sen

KLK offers Rm1.55 to take over Bplant

So from 33 sen to Rm1.55 is up by Rm1.22 (OR UP 369%!!)

Peter Lynch said buy a basket of shares
Even if one or two go bankrupt still ok if one can be a multi baggars (that is up 5X or 10X or more

In the case of Bplant it is up 369%

And the maximum loss in a share is 100%

NOW ALL TOP 10 PALM OIL STOCKS WILL SHINE AND SHINE

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2021-11-04-story-h1593687704-Reposted_Article_OIL_PALM_STOCKS_IN_Bull_Run_Time_Those_Prepared_with_B

Posted by calvintaneng > 0 seconds ago | Report Abuse

Times are changing

Even Elon Musk broke the precedent

A foreign co can own 100% of its business

Better keep ahead of the times

Correct!

Bplant been giving dividend, second interim dividend & bonus issue

See

23-May-2023 08-Jun-2023 DIVIDEND First Interim Dividend RM 0.0100
21-Feb-2023 07-Mar-2023 DIVIDEND Fourth Interim Dividend RM 0.0330
22-Nov-2022 07-Dec-2022 DIVIDEND Third Interim Dividend RM 0.0110
23-Aug-2022 12-Sep-2022 DIVIDEND Second Interim Dividend RM 0.0275
23-May-2022 08-Jun-2022 DIVIDEND First Interim Dividend RM 0.0730
21-Feb-2022 10-Mar-2022 DIVIDEND Fourth Interim Dividend RM 0.0400
23-Nov-2021 08-Dec-2021 DIVIDEND Third Interim Dividend RM 0.0175
25-Aug-2021 09-Sep-2021 DIVIDEND Second Interim Dividend RM 0.0230
25-May-2021 10-Jun-2021 DIVIDEND First Interim Dividend RM 0.0030
24-Mar-2021 07-Apr-2021 DIVIDEND Second Interim Dividend RM 0.0050
23-Nov-2020 08-Dec-2020 DIVIDEND Interim Dividend RM 0.0050
23-May-2019 10-Jun-2019 DIVIDEND First Interim Dividend RM 0.01
22-Nov-2018 05-Dec-2018 DIVIDEND Interim Dividend RM 0.02
23-Aug-2018 06-Sep-2018 DIVIDEND Second interim dividend RM 0.025
23-May-2018 06-Jun-2018 DIVIDEND First Interim Dividend RM 0.025
16-Apr-2018 26-Apr-2018 BONUS_ISSUE Bonus Issue 2 : 5
27-Feb-2018 12-Mar-2018 DIVIDEND Interim Dividend RM 0.04
21-Nov-2017 06-Dec-2017 DIVIDEND Special Dividend RM 0.07
21-Nov-2017 06-Dec-2017 DIVIDEND Interim Dividend RM 0.03
22-Aug-2017 06-Sep-2017 DIVIDEND Second interim dividend RM 0.03
23-May-2017 05-Jun-2017 DIVIDEND First Interim Dividend RM 0.025
15-Feb-2017 01-Mar-2017 DIVIDEND Interim Dividend RM 0.035
16-Nov-2016 01-Dec-2016 DIVIDEND Interim Dividend RM 0.05
22-Aug-2016 05-Sep-2016 DIVIDEND Second interim dividend RM 0.03
17-May-2016 06-Jun-2016 DIVIDEND First Interim Dividend RM 0.0300

chamlo got buy bplant at 57 sen?

If not chamlo is you

See

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2021-04-12-story-h1563301593-PALM_OIL_JEWEL_BPLANT_OR_BOUSTEAD_PLANTATION_5254_BPLANT_HAS_DEEP_VALUE

Posted by azmie67 > 41 seconds ago | Report Abuse

Take yur time TSH. I am waiting at lower prices.

VERY SMART MOVE!

EAGLE GROUP PEOPLE MAKING TONNES OF MONIES FROM BPLANT ARE WAITING TO BUY MORE CHEAP TSH SHARES

HELPED BY NAYSAYERS CASTING FEAR FOR WEAK HOLDERS TO LET GO

EAGLE GROUP PEOPLE ALSO BOUGHT BPLANT CHEAP BETWEEN 55 SEN TO 60 SEN IN A TIME OF FEAR

Posted by investor77 > 34 minutes ago | Report Abuse

Price offered by KLK seems a bit low at RM 1.55/share, for 33%, since some prime land have not been revalued. Bplant will still remain listed since BHldg will still hold 35 %. Can it be like Ewein , went up to double the Offer Price, since amount of shares in free float will be quite small ?

correct

Klk should have offered a better price for Bplant. However, KLK is overstretched after buying Chemical Co (CCM) & Ijm plant

If Bplant should stay listed KLK can do wonders to make it a great co

Under KLK Bplant has the potential to be a blue chip

Posted by Hatiharihari > 3 hours ago | Report Abuse

How about UTDPLT? Has good asset value and future earning? 🙂

UPLANT is a good dividend share

For better price appreciating go for 3rd liner palm oil stocks

Posted by Mabel > 4 hours ago | Report Abuse

Very Good Write up Calvin! Thanks for sharing.

Calvin is really a Smart Investor who can smell money from miles away!

We are happy to have you with us. YOU are our GOLD MINE!

Thank you Mabel

Yes still undervalue

TA ENTERPRIZE
65.5 SEN

BOUSTEAD
85.5 SEN

BPLANT
RM1.55?🤔

Adcool

please wait for my next post on Tsh and you will "see" more clearly

By right bplant suspended Klk the offerer should be suspended as well

last time when Ijmplant was suspended Klk was also suspended concurrently

Why the delay for Klk?

Could there be other parties counter offer at a higher price ?

Tsh results this qtr

Eps down
But Nav up by 14 sen from Rm1.37 to Rm1.51

Nav of Tsh at Rm1.51 is now higher than bplant at Rm1.30
The assets of Tsh in Nusantara is also superior compared to Bplant assets

Also best of all

Total debts of Tsh further pared down to only a tiny Rm75 mil (from Rm1.46 billions )

With Rm273 millions yet to be received Tsh will very soon be debt free and cash rich

Ok better stay listed like Harrison & Hold Leong Capital

Who knows?

Bplant might one day cross Rm10.00

Rm1.37

And how high will it go??