Posted by vespa > 2021-06-08 20:23 | Report Abuse

Ijm is in the driver’s seat .

Posted by Bgt 9963 > 2021-06-08 20:36 |

Post removed.Why?

Posted by brian3381 > 2021-06-08 22:58 | Report Abuse

Take over 250 to 270 only

Posted by stockraider > 2021-06-09 00:09 | Report Abuse

Min above Rm 3.00...if they are serious loh!

Posted by brian3381 > Jun 8, 2021 10:58 PM | Report Abuse

Take over 250 to 270 only

Posted by cpo_ > 2021-06-09 05:21 | Report Abuse

After IJM Plantation privatisation next is who? I would say Sarawak Plantation and FGV very good chance as next candidate. Swk Plantation is by Ta Ann(cash or share swap). FGV by Felda.

Posted by henry888 > 2021-06-09 07:33 | Report Abuse

With fantastic CPO price and Brent crude oil, takeover price is so low ???

Posted by Bgt 9963 > 2021-06-09 08:44 |

Post removed.Why?

Posted by sethoylo > 2021-06-09 10:38 | Report Abuse

Anyone can enlighten me. when will it start to trade again?. or this counter will no more trade untill take over process?

Posted by Johnzhang > 2021-06-09 11:05 | Report Abuse

@calvintaneng, if share swap ratio on the basis of KLK share price at $21 vs Ijmpltn at $2.70 , The share swap deal doesn’t look so bad . Because klk at $21/- is also 30% below its fair value . This is another angle to look at it .

Posted by stockraider > 2021-06-09 11:08 | Report Abuse

The GO should be above Rm 3.00, if below this min, just hang on & wait lah....no need to kencheong mah!

Posted by Johnzhang > Jun 9, 2021 11:05 AM | Report Abuse

@calvintaneng, if share swap ratio on the basis of KLK share price at $21 vs Ijmpltn at $2.70 , The share swap deal doesn’t look so bad . Because klk at $21/- is also 30% below its fair value . This is another angle to look at it .

Posted by stockraider > 2021-06-09 11:10 | Report Abuse

Once an Official GO price is reported in Bursa, Ijmplant should be able to trade loh!

Posted by sethoylo > Jun 9, 2021 10:38 AM | Report Abuse

Anyone can enlighten me. when will it start to trade again?. or this counter will no more trade untill take over process?

Posted by stockraider > 2021-06-09 11:11 | Report Abuse

High chance Bplant loh...!

Posted by cpo_ > Jun 9, 2021 5:21 AM | Report Abuse

After IJM Plantation privatisation next is who? I would say Sarawak Plantation and FGV very good chance as next candidate. Swk Plantation is by Ta Ann(cash or share swap). FGV by Felda.

Posted by Johnzhang > 2021-06-09 11:46 | Report Abuse

I think the next likely plantation candidate for privatization is HSplant. It’s in nett cash position, have a strong parent company, 20% free float only . NA of HSplant is $2.13 and share price is $1.92. .NA of IJMPlant is $1.63 and interim takeover price is $2.70.

Posted by Johnzhang > 2021-06-09 11:58 | Report Abuse

@stockriaider, agreed , no need to Kencheong especially there is no detail for us to look at.
I am more eager to know the basis of share swap option.
If the share swap ratio is somewhat mirroring the NA value of each company, the ratio will be around 6.5 ijmplant to 1 KLK. (NA of ijmpltn is $1.63 vs NA of klk $10.59. ). If that comes true , the offer is not bad at all.
KLk latest price was $21.70 and the equivalent ijmpltn price is therefore ($21.70/6.5) =$3.34 .
Just for interim discussion only .

Posted by sethoylo > 2021-06-09 13:29 | Report Abuse

thx stockraider

Posted by stockraider > 2021-06-09 13:34 | Report Abuse

Usually they will use the mkt price as starting point of exchange & usually giving some advantage to IJMPLANT as they are being acquired loh!

Posted by Johnzhang > Jun 9, 2021 11:58 AM | Report Abuse

@stockriaider, agreed , no need to Kencheong especially there is no detail for us to look at.
I am more eager to know the basis of share swap option.
If the share swap ratio is somewhat mirroring the NA value of each company, the ratio will be around 6.5 ijmplant to 1 KLK. (NA of ijmpltn is $1.63 vs NA of klk $10.59. ). If that comes true , the offer is not bad at all.
KLk latest price was $21.70 and the equivalent ijmpltn price is therefore ($21.70/6.5) =$3.34 .
Just for interim discussion only .

Posted by calvintaneng > 2021-06-09 13:37 | Report Abuse

Expect no less than Rm3.50 to Rm4.00 to be fair

Rm5.00 would be a Premium!

Posted by ratz > 2021-06-09 14:35 | Report Abuse

IJM Corp shld opt for a share swap. Holding KLK shares wld be good in the long term. Expect greater liquidity in KLK shares through bonus or DRS. IJM could also distribute KLK shares to IJM shareholders.

Posted by birkincollector > 2021-06-09 18:44 | Report Abuse

3.10

Posted by henry888 > 2021-06-09 18:47 | Report Abuse

share swap is complicated, make it easy, better cash at reasonable price. Later if you want, you still can buy KLK share.

Posted by brian3381 > 2021-06-09 19:04 | Report Abuse

3.10 sen only.

Posted by Hew Kiong Peng George > 2021-06-09 19:10 | Report Abuse

Nice.. Ce worth 34sen.big harvest day tomorrow

Posted by Chua Zhi En > 2021-06-09 19:14 | Report Abuse

What about small shareholder? look like gonna maintaining its listing status LOL

Posted by UndukNgadau > 2021-06-09 19:17 | Report Abuse

https://www.reuters.com/article/us-ijmp-m-a-klk-idUSKCN2DL16E

Posted by stockraider > 2021-06-09 19:17 | Report Abuse

After the deal done, then only can GO mah!

During the GO, they will disclose whether they intend to maintain the listing status of IJMPLANT mah!


Posted by Chua Zhi En > Jun 9, 2021 7:14 PM | Report Abuse

What about small shareholder? look like gonna maintaining its listing status LOL

Posted by calvintaneng > 2021-06-09 19:18 | Report Abuse

WONDERFUL

KLK OFFERS CASH PAYMENT FOR IJMPLANT SHARES AT RM3.10 PER SHARE (PLUS DIVIDEND OF 10 SEN) WILL BE RM3.20

(LESS THAN RM3.50 EXPECTED BUT STILL GOOD)

THIS IS ANOTHER HAPPY BUY CALL

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-05-05-story-h1564289753-IJMPLANT_2216_Rm1_86_Versus_HARTALEGA_GLOVE_5186_Rm99_80_COMPARE_CONTRA.jsp

MANY HAPPY RETURNS

OTHERS WERE

THE STORE
SUPER ENTERPRIZE
TMAKMUR
KULIM
WEIDA
DAIMAN
KBUNAI
MMC
IJMPLANT (LATEST)

NEXT TO BE TAKEN PRIVATE : FGV

GO WALLOP FGV NOW

REGARDS

Calvin Tan Research

Posted by stockraider > 2021-06-09 19:18 | Report Abuse

Cash deal...no share swap...!

Posted by Fabien _the efficient capital allocator > 2021-06-09 19:27 | Report Abuse

I miss this one out. what a big miss!

Any party interested to takeover Kumpulan Fima? Privatization?

Posted by stockraider > 2021-06-09 19:48 | Report Abuse

Ala privatization meh ?

After IJM GO completion maybe can switchover loh!

LU Jangan tipu Wah Ah....!


Posted by Fabien _the efficient capital allocator > Jun 9, 2021 7:27 PM | Report Abuse

I miss this one out. what a big miss!

Any party interested to takeover Kumpulan Fima? Privatization?

Posted by calvintaneng > 2021-06-09 19:52 | Report Abuse

Fabien _the efficient capital allocator I miss this one out. what a big miss!

Any party interested to takeover Kumpulan Fima? Privatization?
09/06/2021 7:27 PM

Never mind if you missed ijmplant

Still got these Great Ones

FGV (Aug 3 Offer Price will revise up (good chance)

TSH

TAANN

TSH, TAANN & IJM PLANT ARE 2ND LINER

3RD LINERS ARE THE BEST

THPLANT
BPLANT
JTIASA

Above 3 Got Over 200,000 ACRES OF PALM OIL EACH (Bigger than Spore land mass of 180,000 acres)

As for Kfima it is a safe dividend stock for bad times. But Kfima exposure to Palm oil less than 30% as it has pineapple, fish processing & currency manufacturing through FimaCorp)

AS CPO NOW OVER RM4,000 YOU MUST GO FOR PALM OIL SHARES WITH BIG PALM OIL ACREAGE! THE MORE ACRES THE BETTER!!

Posted by ipohwhitecoffee > 2021-06-09 20:05 | Report Abuse

RM3.10. Tahniah. Good call.

https://www.theedgemarkets.com/article/klk-offers-buy-ijm-plantations-shares-ijm-corp-rm153-bil

Posted by Max88 > 2021-06-09 20:14 | Report Abuse

Will limit up tomorrow?

Posted by Johnzhang > 2021-06-09 20:37 | Report Abuse

I think it is very important for KLK to fully acquire ijmplant so that synergy can be optimized. As such, I don’t think ijmplant will be remain listed . After securing the 56% stake held by IJM, KLK obliged to offer at least the same term to other shareholders of ijmplant. If there is resistance from minorities of ijmplant, KLK may be forced to sweeten the offer .

Posted by Johnzhang > 2021-06-09 20:44 | Report Abuse

KLk pays almost 2 times of NA of ijmplant . Yet most other Bursa listed plantations are presently trading well below NA. Hopefully, klk/ijmplant deal shall ignite a whole new valuation for all other plantation counters.

Posted by Bgt 9963 > 2021-06-09 20:45 |

Post removed.Why?

Posted by kadilong > 2021-06-09 22:32 | Report Abuse

cash buy from IJM,thats mean nothing to do with small shareholder like us ?

Posted by calvintaneng > 2021-06-09 22:58 | Report Abuse

Blog: RIVER OF THE SKY: REASON WHY PALM OIL & LUMBER WILL GO INTO A LONG TERM BULL RUN, Calvin Tan Research

Jun 8, 2021 9:42 AM | Report Abuse

IJMPLANT

I = In

J = Jumping

M = Mode

Plant


First of the Palm Oil Bull

Later all others will follow



June 8 was Yesterday!

Today this prophecy fulfilled Chun Chun

Amen!!!

Posted by calvintaneng > 2021-06-09 23:49 | Report Abuse

WHY PALM OIL WILL NOW PLAY A BIGGER ROLE IN RENEWAL ENERGY THAN SOLAR OR WINDMILL, Calvin Tan Research

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-06-09-story-h1566135836-WHY_PALM_OIL_WILL_NOW_PLAY_A_BIGGER_ROLE_IN_RENEWAL_ENERGY_THAN_SOLAR_O.jsp

Posted by calvintaneng > 2021-06-10 00:30 | Report Abuse

BANG! BANG!! BANG!!! PALM OIL BULL RUN HAS STARTED: THE FIRST SALVO FIRED BY IJMPLANT (5122) Calvin Tan Research

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-06-10-story-h1566136509-BANG_BANG_BANG_PALM_OIL_BULL_RUN_HAS_STARTED_THE_FIRST_SALVO_FIRED_BY_I.jsp

Posted by calvintaneng > 2021-06-10 09:17 | Report Abuse

Hopefully KLK will maintain the listing of IJMPLANT even after IJM sold its portion to KLK

Last time during 9MP (Malaysia Plan) When Badawi Implement Huge Infrar Projects

ALL CEMENT WENT INTO A COLLECTIVE SUPER BULL RUN

CIMA (CEMENT INDUSTRY OF MALAYSIA)
YTL CEMENT
TASEK CEMENT
GOPENG HANJOONG CEMENT (OWN 1/3 OF YTL CEMENT)
LAFARGE CEMENT

OF THE ABOVE

CIMA WAS TAKEN PRIVATE BY UEM & DELISTED

YTL CEMENT TAKEN PRIVATE BY YTL

YTL CEMENT BOUGHT OVER HANJOONG CEMENT'S SHARE OF YTL CEMENT (1/3 FROM GOPENG)

AND HONG LEONG OFFERED TO TAKE OVER TASEK CEMENT AT RM3.80

BUT SURPRISE OF SURPRISES!!

HONG LEONG ALLOWED TASEK TO STAY LISTED

THEN TASEK CEMENT ZOOMED TO OVER RM16.00 IN ITS CYCLICAL PEAK

SHOULD KLK ALLOW IJMPLANT TO STAY LISTED THEN IJM PLANT WITH THE SYNERGY OF KLK SHOULD POWER TO RM4.00 OR RM5.00 OR EVEN HIGHER

SO HOLD FIRST!

DON'T SELL YET

TYVM!

Happy Regards
Calvin

Posted by calvintaneng > 2021-06-10 09:21 | Report Abuse

Mr. Shane, Assist General Manager of IjmPlant said They now have 3 Palm oil Mills in Sabah

Plus last year they increased Palm oil Mills from One to Three in Indonesia

With Indonesia capping export by high levy many just sold to Palm Oil Mills in Indonesia

So the Sharp Foresight of IjmPlant is now rewarded by Higher Profits

SO MUCH EARNINGS WILL FLOW INTO IJM PLANT

Posted by stockraider > 2021-06-10 10:29 | Report Abuse

Yes just wait for the takeover circular to be out about next week loh!

1.If KLK intend to maintained the listing status of IJMplant after takeover, it will be very bullish mah!
It may shoot passed Rm 3.20 takeover price mah, bcos u r actually a business partner of KLK at IJMPLANT with the same cost of Rm 3.20 mah!

2. If KLK do not want to maintain the listing status of IJMplant...it will be bullish too bcos, KLK would need to fork out more than Rm 3.20 to entice enough minority shareholders to qualify for privatizations mah!

Whatever it is very bullish for IJM Plant mah!



calvintaneng Mr. Shane, Assist General Manager of IjmPlant said They now have 3 Palm oil Mills in Sabah

Plus last year they increased Palm oil Mills from One to Three in Indonesia

With Indonesia capping export by high levy many just sold to Palm Oil Mills in Indonesia

So the Sharp Foresight of IjmPlant is now rewarded by Higher Profits

SO MUCH EARNINGS WILL FLOW INTO IJM PLANT

Posted by mamatede > 2021-06-10 10:45 | Report Abuse

KLK buying IJM plant at a very high CPO price basis.... hmmm

Posted by stockraider > 2021-06-10 10:48 | Report Abuse

SHOULD KLK ALLOW IJMPLANT TO STAY LISTED THEN IJM PLANT WITH THE SYNERGY OF KLK SHOULD POWER TO RM4.00 OR RM5.00 OR EVEN HIGHER

SO HOLD FIRST!

DON'T SELL YET

TYVM!

Happy Regards
Calvin

Yes just wait for the takeover circular to be out about next week loh!

1.If KLK intend to maintained the listing status of IJMplant after takeover, it will be very bullish mah!
It may shoot passed Rm 3.20 takeover price mah, bcos u r actually a business partner of KLK at IJMPLANT with the same cost of Rm 3.20 mah!

2. If KLK do not want to maintain the listing status of IJMplant...it will be bullish too bcos, KLK would need to fork out more than Rm 3.20 to entice enough minority shareholders to qualify for privatizations mah!

Whatever it is very bullish for IJM Plant mah!

Posted by stockraider > 2021-06-10 11:11 | Report Abuse

Looking the Price KLK Offer to IJMPLANT is so so not that really attractive at Rm 3.20 mah...to be really attractive the offer price need to go above rm 4.00 higher than previous historical high of rm 4.03 mah!

TODAY KLK IS OFFERING TO TAKE IJMPLANT PLANT FOR RM3.10 CASH PLUS 10 DIVIDEND WILL BE RM3.20!

See IJMPLANT Historic Prices

Posted by calvintaneng > May 12, 2021 11:33 PM | Report Abuse X

IJM PLANT HAS BOTH PALM OIL ESTATE & PALM OIL MILL IN KALIMANTAN & ALSO IN SUMATRA
SO ABUNDANT LABOURERS FOR THE PICKING

SEE

YEAR...LOWEST PRICE...HIGHEST PRICE

2004..Rm1.00........Rm1.40
2005...0.91.........Rm1.20
2006..Rm1.02........Rm1.66
2007..Rm1.36........Rm3.25
2008..Rm1.19........Rm4.01
2009..Rm1.81........Rm2.89
2010..Rm2.36........Rm3.14
2011..Rm2.38........Rm3.24
2012..Rm2.63........Rm3.77
2013..Rm2.75........Rm3.62
2014,,Rm3.11........Rm4.03

As you can see both in Years 2008 & 2014 IjMPLANT CROSSED THE RM4.00 MARK



Yes just wait for the takeover circular to be out about next week loh!

1.If KLK intend to maintained the listing status of IJMplant after takeover, it will be very bullish mah!
It may shoot passed Rm 3.20 takeover price mah, bcos u r actually a business partner of KLK at IJMPLANT with the same cost of Rm 3.20 mah!

2. If KLK do not want to maintain the listing status of IJMplant...it will be bullish too bcos, KLK would need to fork out more than Rm 3.20 to entice enough minority shareholders to qualify for privatizations, i think an offer price above rm 3.60 to Rm 4.00 is required if want complete privatization mah!

Whatever it is very bullish for IJM Plant mah!

Posted by MuttsInvestor > 2021-06-10 11:37 | Report Abuse

Congratulations to those who SPOTTED this counter. Happy Returns....PLUS lots of $$$$$$$$$ ..... John , Stock, Etc !!!!

Posted by MuttsInvestor > 2021-06-10 11:45 | Report Abuse

Smart Move by IJM to sell off its stake. Now IJM has Rm1.5 Billion to expand business. So ...IJM going into CHIAN ???? They sold off Indai h/way toll after making tons of $$$ too.

Posted by Bgt 9963 > 2021-06-10 11:48 |

Post removed.Why?

Posted by csan > 2021-06-10 12:25 | Report Abuse

Many people have mistaken the total proceeds to be RM3.10 per share, which is why share price went down to RM2.98 this morning and is only at RM3.03 now. it is actually RM3.20 per share because there will be 10sen dividend next month which shareholders get to keep without reducing takeover price. some bigger funds noticed this and mopped up all the shares at RM3 to RM3.03

Posted by stockraider > 2021-06-10 12:33 | Report Abuse

THE POINT IS SAVVY INVESTORS ARE LOOKING AT A RETURN & EXCEED BEYOND THE GO OF RM 3.20 FOR IJMPLANT MAH!

Looking the Price KLK Offer to IJMPLANT is so so not that really attractive at Rm 3.20 mah...to be really attractive the offer price need to go above rm 4.00 higher than previous historical high of rm 4.03 mah!

TODAY KLK IS OFFERING TO TAKE IJMPLANT PLANT FOR RM3.10 CASH PLUS 10 DIVIDEND WILL BE RM3.20!

See IJMPLANT Historic Prices

Posted by calvintaneng > May 12, 2021 11:33 PM | Report Abuse X

IJM PLANT HAS BOTH PALM OIL ESTATE & PALM OIL MILL IN KALIMANTAN & ALSO IN SUMATRA
SO ABUNDANT LABOURERS FOR THE PICKING

SEE

YEAR...LOWEST PRICE...HIGHEST PRICE

2004..Rm1.00........Rm1.40
2005...0.91.........Rm1.20
2006..Rm1.02........Rm1.66
2007..Rm1.36........Rm3.25
2008..Rm1.19........Rm4.01
2009..Rm1.81........Rm2.89
2010..Rm2.36........Rm3.14
2011..Rm2.38........Rm3.24
2012..Rm2.63........Rm3.77
2013..Rm2.75........Rm3.62
2014,,Rm3.11........Rm4.03

As you can see both in Years 2008 & 2014 IjMPLANT CROSSED THE RM4.00 MARK



Yes just wait for the takeover circular to be out about next week loh!

1.If KLK intend to maintained the listing status of IJMplant after takeover, it will be very bullish mah!
It may shoot passed Rm 3.20 takeover price mah, bcos u r actually a business partner of KLK at IJMPLANT with the same cost of Rm 3.20 mah!

2. If KLK do not want to maintain the listing status of IJMplant...it will be bullish too bcos, KLK would need to fork out more than Rm 3.20 to entice enough minority shareholders to qualify for privatizations, i think an offer price above rm 3.60 to Rm 4.00 is required if want complete privatization mah!

Posted by csan > Jun 10, 2021 12:25 PM | Report Abuse

Many people have mistaken the total proceeds to be RM3.10 per share, which is why share price went down to RM2.98 this morning and is only at RM3.03 now. it is actually RM3.20 per share because there will be 10sen dividend next month which shareholders get to keep without reducing takeover price. some bigger funds noticed this and mopped up all the shares at RM3 to RM3.03