Sorry #dam82 that I got ur msg wrong. Enjoy the ride. UP is always generous with their DV. 90% of profit. They keep remaining cashflow for replanting 4% of their total estate.

Need BNM approval. See how long MBSB and MIDF to get approval..its is a long haul before any announcement.

Hence why GentS kept their cash pile. With this plans cleared it makes sense for GentS to move ahead.

#MM, this was already part of their licence requirement to perform expansion at a certain period. Its not a surprise to many fund managers who follow GentS. Only to a retailer its a news but its already part of the licence when SG Govt gave them the right to start a gaming bz.

Next target for a deal after Bplant is Affin. After this GO, Swak will buy over Affin to help LTAT repay its debts.

RWLA debt service will be a hit. USD5b invested there via borrowing. @ 6% its USD300M per annum or USD75M per Q. That's the big problem.

#Michael you may be right coz RWLA is gonna impact the groups profits. However Cashflow before debt will be big positive. We should not see Genting from PAT angle but EBITDA and total debt angle. End of the day it's the cashflow which matters.

If the brother are in it for money, would they sold long ago. They would have sold the company when the father died. Bodoh la #dam82.

#dam82... isn't the entity selling a state owned entity... how did u know the brothers selling? I also kelapa pusing. Pls get ur facts right. If u invested at 1.00 won't u sell some at 16?

What ang pow. Owners enjoying on holiday. Who cares abt the company. They have become FAT...

Upwards surely

Let's wait for Q3 results.. Will be re rated by analysts.

Debts will reduce by 2 sen and NTA will increase. Unless oil price collapses big, there is no effect on BA. Go up also not much impact. They just collect the rental rate of the FPSO. This is a steady cash cow like a REITs... just an over geared REITs.

YTLP is working on a GO at 1.20. Now, all their supporters collect to accept the offer at 1.20. Wait for the game to unfold slowly. Easily, the last 3 day supporters collected 5%. UOB still has another 12%. Total shares with YTL and supporters is about 35%. IPO was sold at 1.20, so all can exit via the GO.

Collect more this coming week.

Ran up the Hill #Calvin.. sell water to SG lots of money to make. No more Tun issue and now have Sultan of Johor/ future King to support them as partner. Make Johor great again. This also helps many of your plantation stocks in Johor.

Looks like can't get the required approvals from Govt. May be another similar BPlant saga. Hehe hehe..

Putin sick not good for oil price?

Once pref shares issued, Felda will sell their FGV ordinary shares or some bumiputra corporates may inject some of their estates into FGV and dilute Feldas shareholdings. Wait till Jan 2024 for action.

#5354 looks like you do not know what Felda and FGV is doing to solve the shareholding issue. Pls read up.

#Max, look at the quantum. Normally O&G hard to get long term loans. So 5Y is acceptable. So its refinancing of 600M taken in 2019 and balance of 105M refinanced to 2028 from 2023. Good part, BA is bankable.

Hope the takeover happens at 1.55. Make all happy.
I have left this ship at 1.50 and went into Affin. Thanks to advice from some here. However, I wish the best to all those in BP. Hope the 1.55 comes faster. All the best.

By 2025, the balance sheet will be almost zero debt. Any extra or extension of the contract will be pure cash to BA. We need to take that into account, too. With clean balance sheet BA can target new contracts ie Akai and others.

Thanks Niki for sharing. I assumed that, too.

Well said #MM78. We need to analyse BAs tenure of contracts vs Yinsons.. I believe Yinson avg tenure is longer.

Buy or sell... I also don't know. He talks like #felix888...

My sifu says FA its worth more than 1.00 but TA is not good till breaks 65. Once 65 breaks...FA kicks in. But until FA kicks in TA rules...
I also don't understand his talk...

#Unicorn... R U a Technical Analysis (TA) or Fundamental (FA) person. FA needs knowledge and lots of hard work and time but lots but always TA wins.. BA is a FA stock and must buy when TA calls a buy and sell when TA says sell... I am also learning from my sifu..

After Pref Share, Felda keep the Pref Shares and do road show to sell down the ordinary shares to meet public spread? Felda bought the ord shares at 1.30, so any sale above 1.30 is profit to them.

If I read u correctly, the Pref Shares is taking back all the old Felda asset injected into FGV @ IPO by Felda. So which is better to hold, or hold both, or sell both.

Tq #EVEBITDA for ur detailed explanation. So FGV will be transformed into normal plantation company with their remaining non Old Felda Land. And we can enjoy the upside.

Tq #Felix888.

I assume it has to fill the gap at 62.5 ie before the fall happened.

Any chance to share ur next resistance levels #UnicornP

Thanks #UnicornP. Learning something new. Tq again.

Investor77..its not abt the take takeover price. Its abt politics. The willingness to sell 100K ha of land owned by an entity which once sold they can't claim it or have 100K ha again in the same/similar location. If only they knew they had to work to keep their asset.

Where is the cup and the handle...

Well said #speakup, when price doesn't go up why should we get excited.

Unless BIG names.

No equipments to pump oil can't pump oil enought to make BIG money. No banks lend to O&G asset.

2036, the concession to DIG oil expires. So have 13 years to go full swing. To do that must invest lots of money, but company and shareholders have no money. BIG rights issue coming?

No impact. Big impact is waiting for ASP to go up. Which will not happen soon until others do not expand their factories ie Gloves proven loss making business. Or demand supersedes supply but that means more will open factories and depress prices further.

# Well said Calvin. It's individual decision.

See page 52 of FGV IPO Prospectus para 2. All stated clearly and in detail. Pls read Calvin. Let us know if u think the IPO Prospectues is wrong.

#CALVIN. pls note FGV is not the same as other plantation and they can't get upside on land value. Felda can anytime take back the land at 5X PAT for old estate and 10X PAT of new estate.. the PAT is for CPO only of all the estates average. See the IPO doc. When I have time I will post which page. Pls understand FGV land is owned by Felda and they can anytime take it back and pay the above formula to FGV.

That's deal to comply to BNM to privatise BHB. Not coz they want to sell but HAD to sell. Or no deal to take BHB private. Now that Swak is in the bait time for a BIG kill. Swak has money and wants to own a bank.

Run for cover. Don't know when Maxis or AK will take Astro private. Hope sooner with NO dividend policy, like when Maxis was privatised and delisted in early 2000.

Reported 60 mil barrels..= USD6B @ oil @ USD100, say margin 10% = USD600mil or RM3B over the next 15 yrs. PV, it will be easily RM1B.. a good enhancement of 20 sen per BA share. This excludes Gas.

Swak buy at what price. NTA 4.80 and bank NTA is cash or near cash. LTAT can sell at 2.50?

Q results expected to be good?