PALM OIL JEWEL: BPLANT OR BOUSTEAD PLANTATION (5254) BPLANT HAS DEEP VALUE ASSETS AND INCREASING EARNINGS, Calvin Tan Research

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

Going to say sayonara soon?

BPLANT PRIVATISATION NEWS OUT! AND COMPARE BPLANT'S VALUE WITH PAST PRIVATISED STOCKS: KULIM, KWANTAS, IJMPLANT & TMAKMUR, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2023-08-24-story-h-241896840-BPLANT_PRIVATISATION_NEWS_OUT_AND_COMPARE_BPLANT_S_VALUE_WITH_PAST_PRIV

not sure yet if major holders can get up to 90% to launch compulsory MGO for Bplant

Klk taking over Ijmplant at Rm3.10 was easy as there is not much assets value compared to Bplant "gold mine lands of colossal value "

last time Harrison wanted to take it private around Rm1.30 to Rm1.40 buy blocked by one Peter guy from USA
Harrison privatisation was called off and eventually Harrison share price crossed Rm10.00

Also when Hong Leong was to privatise it's Hong Leong capital at Rm1.71 but someone blocked it
eventually hl capital jumped over Rm10.00 and today still listed and price is Rm5.43 ( still up by more than 200% from Rm1.71 offer )

If bplant is privatised too low below Rm1.50 or even Rm2.00 some parties might buy it up to prevent privatisation just like Harrison and Hl capital

Bplant is full and overflowing with value

a gold mine of immense wealth

Yes excitement fills the air

Wait see how things unfold

rm1.32

clap!.
Clap!!
CLAP!!!

Tsh one call warrant expiring right now so Ib bank doing Rss suppress mother to kill call warrant holders

Take opportunity to buy Tsh mother on the cheap

Ijmplant Rm1.86

Taken over Rm3.10

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2021-05-05-story-h1564289753-IJMPLANT_2216_Rm1_86_Versus_HARTALEGA_GLOVE_5186_Rm99_80_COMPARE_CONTRA

Kwantas was 50 sen

Taken private

Rm1.65

https://klse.i3investor.com/web/stock/overview/6572

Bought Tmakmur Rm1.38

Taken over Rm1.90

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

last time

Bought Kulim Rm2.50

Taken private Rm4.10

https://klse.i3investor.com/web/stock/overview/2003

hahaha

why so short term leh?

Think longer term lah

Jtiasa 72.5

Jtiasa crossed Rm1.00

Jtiasa crossing Rm1.50

This is much better!!

best kept secret

ECRL in progress through SERENDAH uplifting land asset value by the day and by the hour!

https://www.youtube.com/watch?v=ZQA1dutB7cw

Tsh results depend on these

1) Whether Rm273 Millions Cash (final cash tranche from Kalimantan land sold on time)

2) How much actual profit from FFB/Cpo and Refinery operation

3) How much bank interest saved (Now debt only Rm95 Mil. Was Rm1.35 billions)

In any case TSH is now a very lean co with little debt (Rm95 mil) and soon debt free

Plus its Assets in Nusantara (94,700 acres) still appreciating in value

Since Cash inflow continues and no more debt worries Tsh can certainly give another dividend like Inno

There is a time line for wealth

1) Future Wealth

2) Present Wealth

3) Past Wealth

Future, present & past Wealth? What are they?

Let me illustrate

1) Future Wealth is represented by a young graduate fresh from School. Usually a young man in his mid twenties.

He is still young and yet to buy his own house. He might own an affordable car or just a motorbike.

What has he got? HE HAS HOPE. HE IS FULL OF DETERMINATION TO SUCCEED & FULL OF IDEAS!! But he has yet to make any real monies. His Wealth is Yet in The Future!

This is represented by a very young company. Management is full of ideas, ventures & mergers. Full of energy & hope. Lots of enthusiasm during IPO. See how many write up to promote this newly listed company. Gullible people are chasing. But the stock is yet untested. Business yet to prove itself. All hype and hope for Wealth still in the future!

Calvin rarely invest in this type of company. Better avoid.

Why avoid?

See this

Most Start-up Businesses Fail in the First Five Years, Myth or Reality?
Starting up a new business is proving to be a hard task for most of the entrepreneurs across the business world. The rate of failure within the first five years of business operations is still debatable and is said to be different from one economic zone to another. This is said to be depending on the various internal and external environmental forces operating in different industries. According to Griffith (2014), he postulates that over 60% to 70% of start-ups cannot survive beyond their first five years.
Yes! More than 50% of all new businesses will fail within the 1st five years
That is why Calvin generally avoid buying new unproven stocks. I need at least 3 years after listing to read its yearly Annual Reports before buying. Or else wait or give it a pass.
In real life Established Companies will only look for qualified workers with proven experience & skill with real results or testimonies of good performance from his previous companies. They don't hire you by what you claim. They only hire proven results from skill & qualifications



2) Present Wealth.

Represented by Growing Companies with Proven Income. Usually healthy PRESENT Growth that is visible. This is like a mature man in his 30s to 40s. He has bought his house & car. But the bulk of his monies still invested in his growing business.

So his wealth is still being generated in the present.

This is popular growth stocks.

Calvin will buy some. On one condition. He looks for a fair price to enter. Best is during a market crash or overlooked by the market.


BUT CALVIN WON'T PAY A HIGH PRICE FOR THEM WHEN PRICES ARE INTO OVERVALUATION. IF YOU OVERPAY FOR ANYTHING. CHANCES ARE THEY WILL UNDERPERFORM THE MARKET FOR A LONG TIME TO COME LATER.


3) Past Wealth.

This is an old matured person in his 50s, 60s, 70s or even 80s

He once was a young graduate with Vision. He moved on to be a very successful businessman in his prime. So he has used his earnings to buy lots and lots of Assets like Lands, properties, warehouses, shophouses & other investments of Value. CASH OR EARNINGS CONVERTED TO REAL GOOD SOLID ASSETS - SO HIGH NTA REFLECTED IN BOOK VALUE.

As he is already old he slows down. He takes less risk. He looks for Capital Preservation First with a View to Growth. But usually things are more settled as he is no longer as hungry like he was as a fresh graduate once.



So I avoid buying stocks with "future growth" hype. Selectively buying Present Growth Stock if I SEE VALUE. And love buying into PAST WEALTH STOCKS OF IMMENSE VALUE SELLING AT DEEP DEEP DISCOUNT


I avoid the young man company with hope of future wealth. I will buy some (only selectively) the mature company of present wealth if they sell at reasonable prices. I concentrate on Deep Value Stocks of PAST ACCUMULATED WEALTH SELLING AT DEEP DISCOUNT


IOI CORP got LOTS OF HIDDEN PAST WEALTH

It has 30% shares of Spore Bumitama shares

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2023-07-25-story-h-244729679-PALM_OIL_JEWEL_IOI_CORP_1961_IF_BPLANT_PLANTING_ON_GOLD_MINE_THEN_IOI_P

https://www.youtube.com/watch?v=EZRcS4v2h8w

Yes, but things are brightening up

On these Factors

1. Average Wage of Johoreans
Rm40,000 per year

Average wage of KL people per year Rm85,000

But Johor got the Booster from Singapore!
Singapore average wage is S$70,000
At One Sing dollar to Rm3.40 exchange rate

= Rm238,000

There are 6 million people in Singapore Plus 3.5 million people in Johor
About 1 million workers in Spore are Malaysians
And daily 400,000 Johoreans cross over to Spore for work every morning earning Sing dollar

In Greater KL there are about 9 million people

Every day 400,000 Johoreans earn in Sing Dollar return to Johor
Every Friday, Saturday & Sunday the other 5 Million Sporeans crosesed over JB to shop, do car wash, pump petrol & others

So JOHOR has much more prospects for long term growth than KL

When RTS is ready Sporeans also can just rent out their HDB flat for S$4,000 (Rm13,600) and fully retire in Johor

Rent is only Rm1,500 to Rm1,800
Sporeans may not need to buy but can rent houses in Johor

Plus Spore Cheapest car is over S$120,000 (Rm408,000) Perodua Bezza?
COE alone almost S$100K

In Johor Perodua Bezza is Rm43,000

So for One Bezza in Spore you can get 9 same Bezza in Johor

Plus Sporeans can buy Malaysian car with Malaysia number plate and pump Ron 95 as long as they don't drive it back (not allowed) to Spore

Ron 95 is about Rm2.10

Now Ron95 is $3.00 in Spore or Rm10.20

With earning power of S$70,000 (Rm238,000) a year the Assets of Johor will be in an upward trajectory for many years to come

IOI CORP still made Rm37.2 Million this Qtr & giving a 5 sen second interim dividend

See

22-Aug-2023 06-Sep-2023 DIVIDEND Second Interim Dividend RM 0.0500
28-Feb-2023 14-Mar-2023 DIVIDEND First Interim Dividend RM 0.0600
23-Aug-2022 12-Sep-2022 DIVIDEND Second Interim Dividend RM 0.0800
23-Feb-2022 09-Mar-2022 DIVIDEND First Interim Dividend RM 0.0600
24-Aug-2021 10-Sep-2021 DIVIDEND Second Interim Dividend RM 0.0600
23-Feb-2021 09-Mar-2021 DIVIDEND First Interim Dividend RM 0.0450
25-Aug-2020 09-Sep-2020 DIVIDEND Second Interim Dividend RM 0.0400
18-Feb-2020 03-Mar-2020 DIVIDEND First Interim Dividend RM 0.0400
26-Sep-2019 08-Nov-2019 DIVIDEND Final Dividend RM 0.045
20-Feb-2019 08-Mar-2019 DIVIDEND First Interim Dividend RM 0.035
17-Aug-2018 04-Sep-2018 DIVIDEND Second interim dividend RM 0.045
05-Mar-2018 16-Mar-2018 DIVIDEND Special Dividend RM 0.115
23-Feb-2018 16-Mar-2018 DIVIDEND First Interim Dividend RM 0.045
07-Aug-2017 24-Aug-2017 DIVIDEND Second interim dividend RM 0.05

plus IOI raised a Cash buffer of Rm2 Billions for acquisition

If need more monies IOI can certainly dispose some Gold Mine Assets and raise Billions of $$$ easily

As 2026 gets nearer and nearer Johor landed houses will rise up to match those of Kl in prices

After 2026 when more people start to relocate from Singapore to Johor then property prices will overtake those of Kl to match the price of those landed houses on Penang Island

So you can put money in hs plant and sleep soundly every night

for hapseng these can happen

a sudden rights issue to ask money for help

Hs plant I will give 80 marks and hapseng only 25 marks in the margin of safety

hapseng has high debt of Rm3 billions (Rm7 bil loan versus Rm4 bil cash )

while hs plant got about half billion pure cash and will be giving another good dividend this month soon

Value_Seeker

yes since hapseng in financial constrain it might do two things ..

1.use hs plant to pay more good dividends as hs plant is debt free and cash rich just like Boustead got Rm7 billions debt bomb and needed high cash dividend from bplant

2. or follow Ijm corp in selling Ijmplant to Klk

so the idea of Boustead selling Bplant can also happen to hapseng selling off hs plant

hap seng con

in year 2018
borrowings was Rm4 billions

2023
borrowings increased to Rm7 billions

price up and down is one thing
fundamental is deteriorating


last time our Friend Speakup bought MMAG at Rm1.60

he even made money selling MMAG at above Rm1.80

now is how much ?

MMAG is only 1 sen

go check it out

5354

indonesian workers now very less and 200,000 Indon workers are needed for building Nusantara now

Ken

hapseng con is filled with debts and might be insolvent

I have invested in these Top 10 palm oil stocks plus Ijmplant as well
since year 2020 after having sold all glove shares to buy only palm oil

Bplant
Tsh Resources
Thplant
Jaya Tiasa
Hs plant
Simeplant
ioi corp
Fgv
Taann
SOP

TSH is Exactly like Ijmplant having palm oil lands in Sabah, East Kalimantan and Sumatra

Just like Tsh Klk knows full well when they bought Ijmplant owning 35 year lease hold lands in Indonesia

and Klk paid Rm3.10 to Ijm corp for all it's shares of Ijmplant

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=223404&name=EA_FR_ATTACHMENTS

How airport projects affect the real estate performance of a ...

99acres.com
https://www.99acres.com › ... › Property Punditz
17 Mar 2021 — According to a recent survey, land prices could rise by 20-30 percent. This is because airports are typically built in areas outside of the ...

when airport is built land prices will rise by 20% to 30%

https://www.google.com/search?q=land+prices+go+up+when+airport+is+built+nearby&oq=land+prices+go+up+when+airport+is+built+nearby&aqs=chrome..69i57j33i160l2.15743j0j4&sourceid=chrome&ie=UTF-8


when CHANGI INTERNATIONAL AIRPORT WAS BUILT LAND PRICES IN PASIR RIS, TAMPANESE, BEDOK AND EASTERN SINGAPORE REAL ESTATE BOOMED

SO NUSANTARA WILL NOW GET A BOOSTER FROM A NEW VVIP AIRPORT

How airport projects affect the real estate performance of a ...

99acres.com
https://www.99acres.com › ... › Property Punditz
17 Mar 2021 — According to a recent survey, land prices could rise by 20-30 percent. This is because airports are typically built in areas outside of the ...

when airport is built land prices will rise by 20% to 30%

https://www.google.com/search?q=land+prices+go+up+when+airport+is+built+nearby&oq=land+prices+go+up+when+airport+is+built+nearby&aqs=chrome..69i57j33i160l2.15743j0j4&sourceid=chrome&ie=UTF-8


when CHANGI INTERNATIONAL AIRPORT WAS BUILT LAND PRICES IN PASIR RIS, TAMPANESE, BEDOK AND EASTERN SINGAPORE REAL ESTATE BOOMED

SO NUSANTARA WILL NOW GET A BOOSTER FROM A NEW VVIP AIRPORT

A NEW VVIP AIRPORT WILL BE BUILT IN NUSANTARA

JUST LIKE SEPANG AIRPORT BUILT NEAR PUTRAJAYA

LONG TERM BOOSTER FOR LAND VALUE OF TSH'S 94,700 ACRES OF LANDS LOCATED HERE

See

https://asianews.network/jokowi-govt-sets-final-rp-40-6-trillion-tranche-for-nusantara-next-year/

Jokowi govt sets final Rp 40.6 trillion tranche for Nusantara next year
At least Rp 35 trillion is earmarked for the Public Works and Housing Ministry to develop vital infrastructure, including a VVIP airport.

August 18, 2023

JAKARTA – The government plans to allocate a staggering Rp 40.6 trillion (US$2.6 billion) in next year’s proposed state budget for the construction of the country’s Nusantara Capital City (IKN) project in East Kalimantan.

At least Rp 35 trillion, or 86.2 percent of the total amount, is earmarked for the Public Works and Housing Ministry to develop vital infrastructure, including a VVIP airport. The remaining funds are designated for other relevant ministries to develop the necessary facilities in the new capital, including a hospital.

Finance Minister Sri Mulyani Indrawati told reporters on Wednesday that the funds were intended to develop critical infrastructure for the nation’s administrative complex, as well as housing for civil servants required to relocate from Jakarta to the new capital.

“Our priority in 2024, ahead of moving the capital, is for us to see that the government complex and supporting [facilities] can be [completed] next year,” Sri Mulyani told a press briefing on the proposed 2024 state budget.

President Joko “Jokowi” Widodo’s second and final term ends in October 2024, which means this is the last year he can direct resources toward erecting the new capital. The President aims to celebrate next year’s Indonesian Independence Day in Nusantara.

Public Works and Housing Minister Basuki Hadimuljono also addressed the briefing on Wednesday, saying that the IKN development project was estimated to cost at least Rp 65.5 trillion between 2022 and 2024.

In previous years, the government allocated Rp 26.72 trillion in 2023 and Rp 5.24 trillion in 2022 to the project.

Sri Mulyani also made assurances that, considering that the new capital was a long-term project, the role of the state budget would gradually diminish and give way to other funding sources beyond the state coffers.

“We have been supporting the IKN Authority to design projects that use public-private partnerships, thus reducing immediate reliance on state budget [funds] and aligning with the long-term fiscal capacity of the state budget,” she said.

Public works minister Basuki said the Nusantara development project had reached 30 percent completion and vowed that the priority stages of the project would be completed by next July.

These encompassed the presidential palace, a ceremonial space for hosting new year’s Independence Day celebrations, the offices of the four coordinating ministers and the state secretariat, as well as vertical housing for civil servants, members of the Indonesian Military (TNI) and National Police personnel.

Basuki also announced that construction would commence next month on 47 towers as dedicated housing for civil servants, though only 12 towers were expected to be completed by July 2024.

To date, the ministry had finished construction on Sepaku Semoi Dam, which would supply water to the new capital, and planned to proceed with building the city’s water treatment plant.

Earlier on Wednesday, President Jokowi announced the government’s plan to allocate Rp 422.7 trillion out of next year’s infrastructure budget for development purposes that included the new capital, stadium renovations, roadwork and healthcare facilities

A NEW VVIP AIRPORT WILL BE BUILT IN NUSANTARA

JUST LIKE SEPANG AIRPORT BUILT NEAR PUTRAJAYA

LONG TERM BOOSTER FOR LAND VALUE OF TSH'S 94,700 ACRES OF LANDS LOCATED HERE

See

https://asianews.network/jokowi-govt-sets-final-rp-40-6-trillion-tranche-for-nusantara-next-year/

Spore shares i have also bought before like Wilmar, Goldenagri and Bumitama agri

These have very high borrowings plus they have lands in West, Central and South Kalimantan

Tsh on the other hand has sold assets and pared down debts from Rm1.46 billions to only Rm95 millions

Plus Tsh got 94,700 acres chun chun land in East Kalimantan where Indonesia is now constructing its New Admin Capital

Egm for approval to do dual listing in Spore is on Aug 28 2023

Please register to give support

Listing in Spore will be after Aug Results

No way boustead will simply sell Bplant cheaply

They are expert real estate developers

In Taman Mutiara Rini, Johor they build a thriving Township

Go visit Taman Mutiara Rini will know

Their houses sell like hot cakes and at very high prices as well

Actually assigning Rm10,000 per acre value for Kutai/Nusantara lands still too low.

Up north in Kutai East is Bulugan Regency which Tsh sold 32,000 acres for Rm731.09 millions which is about Rm22,800 per acre.

Tsh sold these lands for Rm731.09 millions and made Rm465 millions while it's cost was Rm266 millions

Since Kutai now transformed into Nusantara the new capital of Indonesia it will see more development and one day prices of land here might rise up like those of Putrajaya

Bplant VALUE was Uncovered at 57 sen

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

AND SO JUST LIKE BPLANT WAS UNDERVALUE AT 57 SEN (SORRY FOR THOSE WHO MISSED BUYING BPLANT WHEN IT WAS 57 SEN) THOSE WHO OWN TSH NOW AT RM1.03 WILL ALSO LOOK FONDLY BACK IN FUTURE YEARS HOW CHEAP TSH IS RM1.03

JTIASA HAS ALL THREE

1) PAST WEALTH IN 206,000 ACRES OF PALM OIL LANDS

2) HAS CURRENT WEALTH AS ITS LATEST FFB CROSSED 110,000 TONNES

3) AND FUTURE WEALTH
PAN BORNEO HIGHWAY WILL UNLOCK ITS LAND VALUE IN SARAWAK PLUS ITS 1.9 MILLION FOREST CONCESSION LANDS

ONE FIND DAY MR MARKET WILL "WAKE UP" TO THE HUGE POTENTIAL OF JTIASA

There is a time line for wealth

1) Future Wealth

2) Present Wealth

3) Past Wealth

Future, present & past Wealth? What are they?

Let me illustrate

1) Future Wealth is represented by a young graduate fresh from School. Usually a young man in his mid twenties.

He is still young and yet to buy his own house. He might own an affordable car or just a motorbike.

What has he got? HE HAS HOPE. HE IS FULL OF DETERMINATION TO SUCCEED & FULL OF IDEAS!! But he has yet to make any real monies. His Wealth is Yet in The Future!

This is represented by a very young company. Management is full of ideas, ventures & mergers. Full of energy & hope. Lots of enthusiasm during IPO. See how many write up to promote this newly listed company. Gullible people are chasing. But the stock is yet untested. Business yet to prove itself. All hype and hope for Wealth still in the future!

Calvin rarely invest in this type of company. Better avoid.

Why avoid?

See this

Most Start-up Businesses Fail in the First Five Years, Myth or Reality?
Starting up a new business is proving to be a hard task for most of the entrepreneurs across the business world. The rate of failure within the first five years of business operations is still debatable and is said to be different from one economic zone to another. This is said to be depending on the various internal and external environmental forces operating in different industries. According to Griffith (2014), he postulates that over 60% to 70% of start-ups cannot survive beyond their first five years.
Yes! More than 50% of all new businesses will fail within the 1st five years
That is why Calvin generally avoid buying new unproven stocks. I need at least 3 years after listing to read its yearly Annual Reports before buying. Or else wait or give it a pass.
In real life Established Companies will only look for qualified workers with proven experience & skill with real results or testimonies of good performance from his previous companies. They don't hire you by what you claim. They only hire proven results from skill & qualifications



2) Present Wealth.

Represented by Growing Companies with Proven Income. Usually healthy PRESENT Growth that is visible. This is like a mature man in his 30s to 40s. He has bought his house & car. But the bulk of his monies still invested in his growing business.

So his wealth is still being generated in the present.

This is popular growth stocks.

Calvin will buy some. On one condition. He looks for a fair price to enter. Best is during a market crash or overlooked by the market.


BUT CALVIN WON'T PAY A HIGH PRICE FOR THEM WHEN PRICES ARE INTO OVERVALUATION. IF YOU OVERPAY FOR ANYTHING. CHANCES ARE THEY WILL UNDERPERFORM THE MARKET FOR A LONG TIME TO COME LATER.


3) Past Wealth.

This is an old matured person in his 50s, 60s, 70s or even 80s

He once was a young graduate with Vision. He moved on to be a very successful businessman in his prime. So he has used his earnings to buy lots and lots of Assets like Lands, properties, warehouses, shophouses & other investments of Value. CASH OR EARNINGS CONVERTED TO REAL GOOD SOLID ASSETS - SO HIGH NTA REFLECTED IN BOOK VALUE.

As he is already old he slows down. He takes less risk. He looks for Capital Preservation First with a View to Growth. But usually things are more settled as he is no longer as hungry like he was as a fresh graduate once.



So I avoid buying stocks with "future growth" hype. Selectively buying Present Growth Stock if I SEE VALUE. And love buying into PAST WEALTH STOCKS OF IMMENSE VALUE SELLING AT DEEP DEEP DISCOUNT


I avoid the young man company with hope of future wealth. I will buy some (only selectively) the mature company of present wealth if they sell at reasonable prices. I concentrate on Deep Value Stocks of PAST ACCUMULATED WEALTH SELLING AT DEEP DISCOUNT

TSH PAST WEALTH STORED IN ITS PALM OIL LANDS JUST LIKE BPLANT

ITS 94,700 ACRES OF KUTAI/NUSANTARA LANDS BOUGHT RM5,000 IN YEAR 2008/11

IF WE JUST TAKE ITS ORIGINAL BOOK VALUE

94,700 X Rm5,000

= RM473,500,000

With total Paid Up shares of 1.388 million shares it is worth 34.11 sen

Now TSH is Rm1.03

less 34.11 sen Cash Value

= 68.69 sen

TSH has 105 Million INNOPRISE PLANT SHARES
About 10 sen worth

So 68.89 sen less 10 sen

= 58.89 sen

SO JUST THESE TWO WILL BRING DOWN TSH COST TO 58.89 SEN

PLUS TSH STILL GOT OTHER PALM OIL LANDS, 400,000 ACRES CONCESSION FOREST LANDS IN SABAH, EKOWOOD, COCOA BUSINESS, 50/50 SHARE OF REFINERY JV WITH WILMAR IN SABAH

SO LIKE BPLANT TSH IS "FULL OF VALUE"\

IF WE TAKE KUTAI/NUSANTARA LANDS AT RM10,000 PER ACRE THEN LESS ANOTHER 34.11 SEN

THAT WILL BE

58.89 SEN LESS 34.11 SEN

= 24.78 SEN

THAT MEANS TSH IS SOOOO UNDERVALUE NOW

SEE

https://www.youtube.com/watch?v=H47E-SHsh54

https://www.youtube.com/watch?v=bl9XyURVI94

There is a time line for wealth

1) Future Wealth

2) Present Wealth

3) Past Wealth

Future, present & past Wealth? What are they?

Let me illustrate

1) Future Wealth is represented by a young graduate fresh from School. Usually a young man in his mid twenties.

He is still young and yet to buy his own house. He might own an affordable car or just a motorbike.

What has he got? HE HAS HOPE. HE IS FULL OF DETERMINATION TO SUCCEED & FULL OF IDEAS!! But he has yet to make any real monies. His Wealth is Yet in The Future!

This is represented by a very young company. Management is full of ideas, ventures & mergers. Full of energy & hope. Lots of enthusiasm during IPO. See how many write up to promote this newly listed company. Gullible people are chasing. But the stock is yet untested. Business yet to prove itself. All hype and hope for Wealth still in the future!

Calvin rarely invest in this type of company. Better avoid.

Why avoid?

See this

Most Start-up Businesses Fail in the First Five Years, Myth or Reality?
Starting up a new business is proving to be a hard task for most of the entrepreneurs across the business world. The rate of failure within the first five years of business operations is still debatable and is said to be different from one economic zone to another. This is said to be depending on the various internal and external environmental forces operating in different industries. According to Griffith (2014), he postulates that over 60% to 70% of start-ups cannot survive beyond their first five years.
Yes! More than 50% of all new businesses will fail within the 1st five years
That is why Calvin generally avoid buying new unproven stocks. I need at least 3 years after listing to read its yearly Annual Reports before buying. Or else wait or give it a pass.
In real life Established Companies will only look for qualified workers with proven experience & skill with real results or testimonies of good performance from his previous companies. They don't hire you by what you claim. They only hire proven results from skill & qualifications



2) Present Wealth.

Represented by Growing Companies with Proven Income. Usually healthy PRESENT Growth that is visible. This is like a mature man in his 30s to 40s. He has bought his house & car. But the bulk of his monies still invested in his growing business.

So his wealth is still being generated in the present.

This is popular growth stocks.

Calvin will buy some. On one condition. He looks for a fair price to enter. Best is during a market crash or overlooked by the market.


BUT CALVIN WON'T PAY A HIGH PRICE FOR THEM WHEN PRICES ARE INTO OVERVALUATION. IF YOU OVERPAY FOR ANYTHING. CHANCES ARE THEY WILL UNDERPERFORM THE MARKET FOR A LONG TIME TO COME LATER.


3) Past Wealth.

This is an old matured person in his 50s, 60s, 70s or even 80s

He once was a young graduate with Vision. He moved on to be a very successful businessman in his prime. So he has used his earnings to buy lots and lots of Assets like Lands, properties, warehouses, shophouses & other investments of Value. CASH OR EARNINGS CONVERTED TO REAL GOOD SOLID ASSETS - SO HIGH NTA REFLECTED IN BOOK VALUE.

As he is already old he slows down. He takes less risk. He looks for Capital Preservation First with a View to Growth. But usually things are more settled as he is no longer as hungry like he was as a fresh graduate once.



So I avoid buying stocks with "future growth" hype. Selectively buying Present Growth Stock if I SEE VALUE. And love buying into PAST WEALTH STOCKS OF IMMENSE VALUE SELLING AT DEEP DEEP DISCOUNT


I avoid the young man company with hope of future wealth. I will buy some (only selectively) the mature company of present wealth if they sell at reasonable prices. I concentrate on Deep Value Stocks of PAST ACCUMULATED WEALTH SELLING AT DEEP DISCOUNT

MAIN REASON WHY BPLANT GOES UP IS DUE TO

ITS PAST STORED WEALTH IN ITS "GOLD MINE" LANDS

There is a time line for wealth

1) Future Wealth

2) Present Wealth

3) Past Wealth

Future, present & past Wealth? What are they?

Let me illustrate

1) Future Wealth is represented by a young graduate fresh from School. Usually a young man in his mid twenties.

He is still young and yet to buy his own house. He might own an affordable car or just a motorbike.

What has he got? HE HAS HOPE. HE IS FULL OF DETERMINATION TO SUCCEED & FULL OF IDEAS!! But he has yet to make any real monies. His Wealth is Yet in The Future!

This is represented by a very young company. Management is full of ideas, ventures & mergers. Full of energy & hope. Lots of enthusiasm during IPO. See how many write up to promote this newly listed company. Gullible people are chasing. But the stock is yet untested. Business yet to prove itself. All hype and hope for Wealth still in the future!

Calvin rarely invest in this type of company. Better avoid.

Why avoid?

See this

Most Start-up Businesses Fail in the First Five Years, Myth or Reality?
Starting up a new business is proving to be a hard task for most of the entrepreneurs across the business world. The rate of failure within the first five years of business operations is still debatable and is said to be different from one economic zone to another. This is said to be depending on the various internal and external environmental forces operating in different industries. According to Griffith (2014), he postulates that over 60% to 70% of start-ups cannot survive beyond their first five years.
Yes! More than 50% of all new businesses will fail within the 1st five years
That is why Calvin generally avoid buying new unproven stocks. I need at least 3 years after listing to read its yearly Annual Reports before buying. Or else wait or give it a pass.
In real life Established Companies will only look for qualified workers with proven experience & skill with real results or testimonies of good performance from his previous companies. They don't hire you by what you claim. They only hire proven results from skill & qualifications



2) Present Wealth.

Represented by Growing Companies with Proven Income. Usually healthy PRESENT Growth that is visible. This is like a mature man in his 30s to 40s. He has bought his house & car. But the bulk of his monies still invested in his growing business.

So his wealth is still being generated in the present.

This is popular growth stocks.

Calvin will buy some. On one condition. He looks for a fair price to enter. Best is during a market crash or overlooked by the market.


BUT CALVIN WON'T PAY A HIGH PRICE FOR THEM WHEN PRICES ARE INTO OVERVALUATION. IF YOU OVERPAY FOR ANYTHING. CHANCES ARE THEY WILL UNDERPERFORM THE MARKET FOR A LONG TIME TO COME LATER.


3) Past Wealth.

This is an old matured person in his 50s, 60s, 70s or even 80s

He once was a young graduate with Vision. He moved on to be a very successful businessman in his prime. So he has used his earnings to buy lots and lots of Assets like Lands, properties, warehouses, shophouses & other investments of Value. CASH OR EARNINGS CONVERTED TO REAL GOOD SOLID ASSETS - SO HIGH NTA REFLECTED IN BOOK VALUE.

As he is already old he slows down. He takes less risk. He looks for Capital Preservation First with a View to Growth. But usually things are more settled as he is no longer as hungry like he was as a fresh graduate once.



So I avoid buying stocks with "future growth" hype. Selectively buying Present Growth Stock if I SEE VALUE. And love buying into PAST WEALTH STOCKS OF IMMENSE VALUE SELLING AT DEEP DEEP DISCOUNT


I avoid the young man company with hope of future wealth. I will buy some (only selectively) the mature company of present wealth if they sell at reasonable prices. I concentrate on Deep Value Stocks of PAST ACCUMULATED WEALTH SELLING AT DEEP DISCOUNT

NorazmiAR clicked likes

thank you

now people know Bplant sitting on gold mine lands

correction

at Rm10 billions debt with just 5% interest payment LTAT has to cough up Rm500 millions per year

At this juncture we must look at LTAT overall indebtedness

go see again Boustead balance sheet

it has Rm7 billions loans
Rm3 billions payables

about Rm10 billions and interest at 5% alone is Rm50 millions per year

plus Ltat taking over Boustead cost Rm700 millions

Bhic and pharma both got impaired balance sheet so both need help

As for Affin Bank it has given out it's best dividends

only Assets remain is Bplant

yes bplant can sell it's assets piecemeal but LTAT under heavy constrain does not have the leisure to wait

now selling Bplant as an entity looks more urgent

however, these are all suppositions that keep all in suspense

For Klk taking over Ijmplant from Ijm corp was straightforward and deal was done in no time

I would prefer This Bplant to keep listed and see it's full Enterprize Value unfold over years

however nothing is clear yet and just enjoy the ride

After Ijm plant now is Bplant

and the story does not end here

it shall continue on and on with other palm oil companies with deep hidden value

in time past there were excitement when these were take private like Guthrie, Austral Enterprize, Golden Hope Plant, Unico Desa, Tradewind, Tmakmur, Kulim, Kwantas and Ijmplant

more will come in future months and years

rr88

bplant is a share with deep deep value

This one longer term will cross Rm3 to Rm5 if all assets are sold and cash distributed to all happy holders

Selamat pagi

Apa macam sekarang ?

bila keputusan keluar ?

who gonna give highest offer? or just rumour?

Latest Ffb result out for July 2023


A fantastic 92,410 tonnes of Ffb

This is a record even after disposing a combined 40,000 acres palm oil lands from Sabah and Bulugan

This shows that Tsh's plantations are very fruitful

Yes Pinky

jtiasa got 1.9 million acres of forest concession or about 11.5 x (times) the size of Singapore

That will be another engine of growth

Keep Jtiasa longer term

this Jtiasa will cause your portfolio in the pink of health

Cpo will be in enhanced production 2nd half

Plus well supported as Diwali in India, Flood in China, drought in Europe, rise of B35 in Indonesia

All these will be good for jtiasa