Posted by Golf123 > 2022-03-24 05:42 | Report Abuse

Just hold for dividend and look at price now and then

Posted by lionel messi > 2022-03-28 16:40 | Report Abuse

So regret I missed this counter having been occupied in others. Can I humbly ask the gurus here is it still a screaming buy at current price? Love its fundamentals and supposed its a totally different animal than it was a year ago. Is it a fair comment?

Posted by lionel messi > 2022-03-28 17:07 | Report Abuse

Hopefully I'm not too late to the party. Sigh.

Posted by dailyklse2010 > 2022-03-28 21:22 | Report Abuse

You are not late but this counter quite boring XD

Posted by sheldon > 2022-03-29 17:10 | Report Abuse

No liquidity but pays good dividends. I like the regular share buybacks. Recently did 2 major takeovers at excessively generous (high) prices - maybe because flushed with cash or perhaps for some other reasons that cannot be mentioned here.

I worry about China muscling in. Could this meteoric rise be akin to a supernova which explodes and then collapse? The jury is still out at this juncture.

Posted by lionel messi > 2022-03-30 08:33 | Report Abuse

Thanks Sheldon. I am only aware of the CCM takeover. What was the other? Fully agree with what you said. In addition, love its deep value, well managed, good corp governance, great prospects and the possibility of an impending bonus and/or rights issue. Cheers bro.

Posted by vcinvestor > 2022-03-30 09:08 | Report Abuse

technically not BKAWAN but the other takeover Sheldon is referring to is probably the KLK takeover of IJMPLT.

Posted by lionel messi > 2022-03-30 09:26 | Report Abuse

Oic. But on hindsight and with the recent rise in palm oil price, thought the IJMPLT was a great buy at a good price.

Posted by vcinvestor > 2022-03-30 09:31 | Report Abuse

i think even the most optimistic of palm oil guys didn't expect fwd price to hit RM8k this year la. so with the benefit of hindsight, the KLK guys look like geniuses la. At the point of buying everyone thought they were too generous

Posted by vcinvestor > 2022-03-30 09:32 | Report Abuse

my view of this is that ultimately the BKAWAN and KLK family take a very long term value look at acquisitions and don't mind paying a (perceived) premium to close the deal quick.

Posted by lionel messi > 2022-03-30 09:45 | Report Abuse

Thanks and you are right vc. KLK being the taikor wants or need to do "national service" at times :)

Posted by sheldon > 2022-04-07 15:13 | Report Abuse

Phewitt!! If ever there's an example of the term "my ship has arrived" - this is it!!!

Posted by lionel messi > 2022-04-08 17:06 | Report Abuse

Good for you mate. So worried I may be late for the party. Now I'm gonna stay till the fat lady sings :)

Posted by New_Investor92 > 2022-04-10 01:15 | Report Abuse

I guess almost 80% of retail trader had missed this gem. People are busy from glove --> Tech --> Commodity -->Banks but miss this counter. I miss it.

Posted by lionel messi > 2022-04-10 16:25 | Report Abuse

Most know the price of everything but the value of nothing. The high absolute price level has mislead many thinking that it's overvalued not knowing it has deep value instead. It's a totally different animal now. Need to do some homework. Keep this counter for posterity. If there is a company that has everything.......good major shareholders, corp governance, prospects, dividends, financials, well managed, possible bonus issue, this is it :)

Posted by WilburR2 > 2022-04-12 05:40 | Report Abuse

Hope the fat lady sing the bonus shares tune of 2 or 3 lol

Posted by lionel messi > 2022-04-12 09:19 | Report Abuse

Haha, sing she will but don't know when :)

Posted by sheldon > 2022-04-12 21:19 | Report Abuse

I've been buying & selling this counter for sometime. More buying so a net gradual accumulation. My earliest recorded trade was a buy @ 8.2 & a sell @ 9.52 - gives you a rough idea as to the timeframe (all after Christ btw).

This Co was making quite a profit every quarter but paying modest dividends. Imagine someone with a healthy appetite, eating away but hardly going to toilet ie constipated. Eventually he's going to grow big albeit sideways! haha.
There was a time it hovered between 17-20 & I was puzzled as to why no one was paying any attention despite a suppressed price.

Then with covid, the price went further south. I used up my ammo to pick up some more bargains.

It still looks somewhat undervalued in my opinion - thanks to lack of trading liquidity. I'm no guru btw.

Posted by lionel messi > 2022-04-13 08:23 | Report Abuse

You are in my books. As smart as Sheldon Cooper :) You probably don't need to work anymore. Just auto cruise in your Benz or Beemer. Somehow I think I have known you in another life......during my Canone and Kian Joo days. Really wasted my time on those rip off con job counters. Cheers bro.

Posted by sheldon > 2022-04-13 09:42 | Report Abuse

You probably do - I'm an ex-KJ & existing Canone shh.

Despite my comments, I think no one can arrogantly fire & forget or rest on one's laurels. Think Kodak & Nokia. How long can the Batu Kawan party last?

Posted by Golf123 > 2022-04-17 04:57 | Report Abuse

Think BK will last long time, well managed, a gem.

Posted by lionel messi > 2022-04-17 11:09 | Report Abuse

Agree Golf. This is not a tech fad company that can go obsolete.

Posted by stockraider > 2022-04-17 13:34 | Report Abuse

Bk is the most dynamic plantation base CO.....able to grow both organically and acquisition loh!

Very proven savvy management mah!

Posted by lionel messi > 2022-04-18 08:51 | Report Abuse

Diversifying upstream some more. Now it is a legit full fledged chemical company in the likes of PChem :)

Posted by joerakmo > 2022-04-20 09:15 | Report Abuse

will it catch up to KLK?? KLK stake worth Rm35.90

Posted by sheldon > 2022-04-22 16:06 | Report Abuse

Putting it mildly, it's going to be a pleasant weekend!

Posted by Golf123 > 2022-04-22 21:28 | Report Abuse

Hold for long term, very solid

Posted by stockraider > 2022-04-24 08:58 | Report Abuse

Very steady aircraft Carrier loh!

Posted by sheldon > 2022-04-25 09:53 | Report Abuse

How come nobody's saying "OMG!"?

Posted by junkit > 2022-05-05 12:04 | Report Abuse

2022年涨幅最大的棕油股 - BKAWAN:
https://youtu.be/V6HZye504TE

Posted by DickyMe > 2022-05-08 13:03 |

Post removed.Why?

Posted by sheldon > 2022-05-10 11:21 | Report Abuse

So the steep fall in commodity prices is affecting the share price. Despite that the management would have hopefully locked-in future prices at much higher levels. The results for at least 2 quarters should be nothing less than awesome.

What the management could do to get the attention of the investors and prop up the share price is to declare an equally awesome dividend.

Posted by sheldon > 2022-05-18 21:31 | Report Abuse

Interim dividend announcement anytime

Posted by lionel messi > 2022-05-19 11:33 | Report Abuse

Or a bonus issue. I don't mind a big rights issue also. Love giving money to well managed companies.

Posted by DickyMe > 2022-05-21 14:33 |

Post removed.Why?

Posted by WilburR2 > 2022-05-23 08:14 | Report Abuse

What is your logic or basis dick? When the BK is buying RM 27+. Maybe RM 6.67 will be after fat bonus [ 5x ] dividens and shares, then sure

Posted by DickyMe3 > 2022-05-24 19:19 |

Post removed.Why?

Posted by sheldon > 2022-05-24 21:57 | Report Abuse

Things are looking good. CPO Futures prices are through the roof today 24 May. Results are in line with expectation. If you consider the latest EPS of 80.3 & extrapolate to a year = 3.21. This is the highest annual (projected) EPS BK had ever registered. Perhaps they could've declared a much higher dividend than 20 sen.

Posted by WilburR2 > 2022-05-25 09:16 | Report Abuse

Should follow up with another announcement of a special dividend

Posted by WilburR2 > 2022-05-25 12:42 | Report Abuse

Market disappointed with 20 sens dividend.Share price dropped 36 sens at mid day close.

Posted by sheldon > 2022-05-25 21:19 | Report Abuse

Despite the tiny dividend, the Co in all fairness has made up with this massive 100k share buyback.

Posted by lionel messi > 2022-05-26 09:47 | Report Abuse

That was not a share buyback. More like a pre arranged DBT done at only one price.

Posted by Golf123 > 2022-05-27 02:46 | Report Abuse

Just buy, keep and sleep well at night.

Posted by sheldon > 2022-05-27 09:46 | Report Abuse

What's DBT?

lionel messi
That was not a share buyback. More like a pre arranged DBT done at only one price.

Posted by lionel messi > 2022-05-27 11:36 | Report Abuse

Direct business transaction. Pre arranged trade between buyer and seller usually done off mkt via DBT. aka block trade. But for thinly traded counter like this where the spread is wide, can also be done on mkt.

Posted by Golf123 > 2022-05-28 04:52 | Report Abuse

Keep, never sell

Posted by sheldon > 2022-06-14 09:16 | Report Abuse

wow - falling is big chunks

Posted by lionel messi > 2022-06-14 10:34 | Report Abuse

God sent for late comer like me :)

Posted by supersinginvestor > 2022-06-15 18:32 | Report Abuse

I said before n saying again...
US DOLLAR DEBT....

Posted by sheldon > 2022-06-20 15:51 | Report Abuse

I wonder if people will believe me if I tell them that I was once rich