I really hope bplant is doing well.

reading the QR, if below can be refunded by next Q, maybe will declare more div :D :


Changes in Material Litigations
CIMB Islamic Trustee Berhad ("First Plaintiff"), trustee for Boustead Plantations Berhad and
Boustead Plantations Berhad ("Second Plaintiff") had on 28 December 2018 filed a Writ of Summons and Statement of Claim on Setia Fontaines Sdn Bhd ('Defendant') for breach of Sale and Purchase Agreement dated 22 December 2016. The claim is in respect of damages amounting to RM37,207,353.35 for goods and services tax (GST) due from the Defendant together with interest at the rate of 8% per annum and other costs and relief deemed fit by the Court.
In July 2019, the Defendant filed an application for a judicial review against the Customs decision
that if the Lands are intended to be used for commercial or mixed development purposes, then the commercial portion is subject to GST. The Plaintiffs are not party to the said judicial review
proceedings. Pursuant to the court’s decision on the judicial review delivered on 11 September 2020, the Plaintiffs’ solicitors were informed that the court has decided, among others, that the sale of the Lands is an exempt supply under the GST (Exempt Supply) Order 2014 and is not subject to any
GST.
The Minister of Finance and the Director-General of Customs did not file any appeal against the
judicial review decision. The Group has therefore submitted a request to Customs in November 2020 for the GST refund of RM37,207,353.35.
As at 23 March 2021, there was no other material litigation involving the Group or the Company

The QR is good, just that most investors are having higher expectation, especially expecting the profit for this quarter should be better than last one, not the other way round.

Though i'm happy to see the price flying, but what exactly is causing the rise, just some big old greedy ugly crocodile goreng behind the scene?

Post removed.Why?

Bplant seems not enough money already if without selling more lands, wondering still able to maintain the high dividend policy......if maintains, then it means bpalnt needs to get more loans from bank to settle the land purchase event.
I'm still confident on the management, we'll see how the new CEO run the business then.

not bad, just announced 3sens dividend

@Anwarfree18 Regarding the land overpriced topic, I found this old link, hope this explains your concern and release your mercy on worrying on us the Bplant investor.

http://klse.i3investor.com/blogs/erenthink/147504.jsp

walao, wanna to buy another 5500ha again...bplant hope..wow

Now the PE dropped to 35.xx which is much more reasonable to many investors.

err.....anyone know why no dividend declared this time ??

I'm happy with the dividend, but at the same time i'm also worry as the dividend is always higher then the earning....but i'll still hold it and monitor.

interesting topic, as I remembered I read it somewhere article saying that LiiHen has 30% hedging, where Hevea has 50% hedging.....

i missed the opportunity when it dropped to 3.0x, wondering if the discount sales will be back again ??

A little bit of curious, for such a good news to bplant, why it didn't reflect on the share price, what's wrong with today market??

want to buy more around 1.70

SSD 这么好赚，为什么JCY 硬是不要生产呢？

10cents, happy., happy

0.79now...

hmmm.still no announcement?