As for hike in sales and service tax, I would rather prefer GST of 6%, instead of SST 8%. Now your car service and eating out will cost more on top of price hike by the vendor/ restaurant owner.

CGT kills. Wonder Geely still interested to continue with autocity project in Tanjong Malim. That is a cool rm 40 billion investment!

"SHAREHOLDERS OF BPLANT ARE ADVISED TO EXERCISE CAUTION WHEN DEALING IN THE ORDINARY SHARES OF BPLANT AND TO SEEK APPROPRIATE ADVICE IF THEY WISH TO DO SO, AS BPLANT HAS NOT RECEIVED ANY FIRM OFFER RELATING TO THE GENERAL OFFER."

No firm offer. No time frame. May be like Boustead that take years to produce an offer letter.

Money should not be a loan to LTAT. Once privatized BPlant, LTAT must clear the the money it receive by parting all businesses it owned to the govt. Govt can recoup the money by cannabilize and sell to any interested party, just like Slatar Walker did to Haw Par International.

Money is from govt. MoF? PNB? Petronas?

So who is going to own Boustead tomorrow? LTAT can just sell all to that party and distribute proceed to its members. Case close. Account close. LTAT just focus on Kooperasi will do.

Posted by ks55 > Oct 4, 2023 10:46 AM | Report Abuse X

T2, then another T2, so it T2 + T2, all going to holland...........

Any share less than 1 ringgit limit down price is 30 sen.

KLK will also suffer trading loss in respect to BPlant deal. Bigger risk is when can it get back the deposits. May be within 2 weeks. May be vendors ask for extension after extension.

Remember the KSU fiasco? Vendor was not able to recover the money and where is KSU now?

God Bless KLK. KLK can now go for other plantation land owned by foreigners. Lee Oi Hian can also consider other smallish Chinaman plantation like MHC.

Posted by ks55 > Oct 3, 2023 4:13 PM | Report Abuse X

If you only want to buy anything below 50 sen, you may not getting any.
70 sen is to build foundation, 60 sen may be quite safe, 50 sen is very safe, 40 sen is a bargain, 30 sen is sailang price. Up to your risk appetite.

Posted by ks55 > Oct 3, 2023 3:55 PM | Report Abuse X

First limit down 33%. 2nd limit down 30 sen. Bursa record was Ekran limit down 7 times. From rm 7.60 straight away went down to 57 sen.

Don't buy in 1st limit down.

Posted by ks55 > Oct 3, 2023 4:10 PM | Report Abuse X

Want to play safe, start buying below 70 sen. Prepare to buy all the way down to 50 sen. Then your average cost is around 60 sen.

KLK should just go on trading tomorrow regardless anything BPlant wish to announce. KLK can just reply to Bursa stating nothing to report right until this moment. Don't spoil your own reputation and credibility because incompetency due to others. Save your own backside first.

Why no announcement till now? What is the justifications for suspension? Bursa double standard? Surely will lose faith if Bursa not taking any action against BPlant tomorrow.

What is the benefit of paying premium price but not a controlling stake?

Why should there be a veto (or Golden share) for a minority shareholder? Unless it was previous govt owned. BPlantation is just a privately owned company so happen majority shareholder was a govt agency.

If LTAT still insists on controlling the company (or veto power), KLK should just walk away. Any approval from KLK shareholders so far?

T2, then another T2, so it T2 + T2, all going to holland...........

https://harakahdaily.net/index.php/2023/09/18/jangan-lepaskan-pegangan-boustead-plantations/

PN

BAT is a sunset industry. No tangible asset. If company decided to cash out, buyer will not offer good value for its listing status.

Goodwill merely due to the brand. Market shrinking, profit shrinking, dividend also shrinking.

Even Glove factory under KLK also laosai. KLK supplies natural rubber from its own plantation also cannot tahan.

For gambler, first buy at limit down price tomorrow at 8.59am. Very likely you will lose a fortune at that price.

Calculated risk.

If you only want to buy anything below 50 sen, you may not getting any.
70 sen is to build foundation, 60 sen may be quite safe, 50 sen is very safe, 40 sen is a bargain, 30 sen is sailang price. Up to your risk appetite.

Want to play safe, start buying below 70 sen. Prepare to buy all the way down to 50 sen. Then your average cost is around 60 sen.

Should be around 50 sen to 70 sen range.

SP Setia already started to sell down asset bought from I&P merger. At least there is no worry about the need of govt bail out. Still can float without external assistance.

UEMS is the main beneficiary of Iskandar SEZ. By end of Oct, we will have a clearer picture.

First limit down 33%. 2nd limit down 30 sen. Bursa record was Ekran limit down 7 times. From rm 7.60 straight away went down to 57 sen.

Esok limit down. Bankrupt tak tentu.

不要好心做坏事

It is a blessing that Boustead-KLK deal not going through, otherwise TM will again come out with an anti Chinese comment. KLK has a lot more land suitable for property development, so what it is looking for is just to expand its plantation like acquisition of IJM Plantation few years back.

A better candidate could be United Plantation, a pure agri group owned by foreigners. Otherwise smallish company like Inch Kenneth Kajang, or other Chinaman plantation company like TSH, MHC, Jtiasa also suit KLK's appetite.

Why US so busybody? Having interest in this particular candidate? Interfering with other country's election? Why double standard?

Next move. China should invest in Pengerang Integrated Petroleum Complex (PIPC) to spread the risk of oil supplies. Preferably crude oil storage facility. Need not invest in refinery as HYR already has a bridge head in Malaysia.

Win-Win-Win for Malaysia, China and Singapore .........

All make money.

All happy.

SEZ

Syed Saddiq? He won on Pakatan Harapan's ticket. Otherwise he is nobody. Now he is on the same side as Perikatan National, calling PAS abang-adik. Do you think he will contest on PN ticket next GE?

Philippines does not have complete supply chain. Most components need to import from other countries like Malaysia.

Biofuel? Meaning they are going to convert edible oil into jet fuel? They want to see millions of African starve to death? Why don't they just say let's go electric aeroplane? EU is a rich man club, only serve the rich countries. Why should they bother if millions die of hunger?

Don't encourage party that polutes the ocean, don't eat anything from poluted sea around Japan. Don't eat sushi you won't die. Eat sushi now you may have deformed baby. Play safe. Keep away from Japanese seafood.........

Ramasamy when he quited DAP, he already became no more relevant. His comment simply syok-syok sendiri and trying to back-stab his former party.

Hongkong is dead after cockroaches infested the street in 2019/2020.
Why still talk about Hongkong?

R&F Residence is selling at rm 1000 per sf. Buyers mostly Singaporean. RTS is up and running by 2026.

India did not contribute anything to BRICS. To have India still remain in BRICKS is prepared to be dragged down, better fire India soonest. Best if India to leave voluntarily before been asked to leave. That is really losing face for Modi.

India eyes chip tie-ups with M’sian companies https://www.thestar.com.my/business/business-news/2023/08/09/india-eyes-chip-tie-ups-with-msian-companies

Beware! Any electronic company go to India is akin to committing corporate suicide! Look at Mudajaya. Look at XioMi. Look at Vodafon.

If Malaysian listed company to invest in India, you better sell. India is not a trustworthy country to invest.

US sanctions may just slow down China's economic growth, but cannot make it collapse. Just give China another 5 years, all those who are not willing to trade with China now will have no market for their chips. Chinese chips will then flood the world market with no competitors both in terms of pri ing and quality.

Dow Jones will close down 1000 points tonight, another 500 points tomorrow. Just need to take cue when it was downgraded previously. Same pattern expected.

Import less, export more. China trade surplus with US will again break new record. It is not China intentional widen trade surplus with the US, but simply US longing for that. All are self-inflicted.

Malaysia has 2 Gordan Chang. Whether there are 100 Gordan Chang crying everyday or not make no difference. China won't collapse due to their curse.

Why Mudajaya made huge losses in power generation India JV? Simply cheated by India Authority and Indian partner. In order to rob foreingn companies making money from India operation, its govt can make new law with restropective effect to make the robbery legal.

Mentality of most PJ residents is why should I sacrify for the benefits of others? If the MRT, LRT has no station close enough within walking distance, why should I spport those mass rapid transport? This is exactly why India farmers refuse development in their farmland. This is why rural India cannot develop.