Posted by hng33 > 2020-09-15 09:24 | Report Abuse

bought bstead at 66.5sen

Posted by Jonathan Keung > 2020-09-15 13:49 | Report Abuse

Boustead owned 57% of Pharma. Pharma share is now at 4.70 is much higher than Bstead own share price between 65- 70 sen. Imagine taking private Bstead in October at 80 send and later sell off Pharma stake at 5.50 . No question !win win for LTAT

Posted by abcb > 2020-09-15 15:41 | Report Abuse

NTA 1.76
Price/Book value 0.37 time only

Posted by uptrending > 2020-09-15 20:35 | Report Abuse

Bstead holds another precious jewel, Affin Bank which has total share in issue of 2,079 million shares with NTA per share @rm4.76 but depressed share price @rm1.43

Bstead holds 20.73 % whereas LTAT holds 35.33 %.

The 20.73 % in Affin Bank intrinsically could fetch a billion RM.

Posted by Plantermen > 2020-09-15 23:45 | Report Abuse

Bstead is valued rich but but... the new CEO must do more to unlock Bstead Vue and firm up its share valuations

Posted by stan20 > 2020-09-16 23:50 | Report Abuse

@bulldog what's average price?

Posted by abcb > 2020-09-17 10:59 | Report Abuse

Bulldog average 0.47

Posted by abcb > 2020-09-17 11:04 | Report Abuse

If BPLANT (5254) keeps moving up to 0.70 in near term,then its mother share, Boustead might worth more than RM1.00

Posted by abcb > 2020-09-17 11:34 | Report Abuse

Superb bull for all plantation stocks will help to upgrade the value of Boustead share
BPLANT finally cross over 0.50 for the fisrt time since government implemented MCO on 18 March this year

Posted by abcb > 2020-09-17 11:56 | Report Abuse

Count down to implement privatisation plans before 27 Oct

Posted by stan20 > 2020-09-17 19:25 | Report Abuse

wow that's low. i currently holding at 0.60

Posted by hng33 > 2020-09-18 11:06 | Report Abuse

super bullish

Posted by hng33 > 2020-09-18 11:44 | Report Abuse

Still lagging far behind CPO stock, need momentum to catch up

Posted by yongyong88 > 2020-09-18 11:46 | Report Abuse

hope for weekend announcement.. something brewing

Posted by yongyong88 > 2020-09-18 11:47 | Report Abuse

UP UP UP

Posted by Smallretailer > 2020-09-18 13:09 | Report Abuse

Whens the 80 sens final date. Next month or this month?

Posted by Plantermen > 2020-09-18 13:14 | Report Abuse

LTAT needs to confirm their offer price on or before 27 Oct {80 sen per Bstead share}

Posted by hng33 > 2020-09-18 13:23 | Report Abuse

LTAT offer 80sen to takeover is not worth of consider anymore in view of strong CPO profit forward. It need to revise up significantly as its previously right issue is price ar 2.55

Posted by hng33 > 2020-09-18 13:35 | Report Abuse

Boustead = boustead plantation + pharmnaiaga + boustead heavy industries + bp petrol station + mutiara Damansara + the curve mall, hotel, office tower etc.

Just boustead plantation alone already almost match entire boustead

Posted by uptrending > 2020-09-18 13:48 | Report Abuse

Boustead holds 20.73 % Affin Bank which has a total of 2,079 million shares @rm4.76 NTA per share.

1 Boustead Share has an effective interest in 0.6348 Bplant shares. Bplant already up 15 cents from last month, Boustead should have gained 9 cents...to about 73 now... It has to do a catch up :)

Posted by carilembu > 2020-09-18 14:11 | Report Abuse

ada PELAWAK mau pekik LIMIT UP tak ...

Posted by uptrending > 2020-09-18 14:11 | Report Abuse

Boustead has a total of 2,026 million shares issued.

Affin Bank has a total 2,079 million shares..

So for every 1000 Boustead share, it effective owns 212 shares in Affin Bank..

At Affin's market price, it worths 30 CENTS per share
At NTA, its worth is RM 1 per share.

:)

Posted by hng33 > 2020-09-18 14:27 | Report Abuse

As 172 Countries Join COVAX Vaccine Plan, Malaysia Still Talking To WHO

https://codeblue.galencentre.org/2020/09/18/as-172-countries-join-covax-vaccine-plan-malaysia-still-talking-to-who/

Remark: Boustead subsidiary pharamniaga is task to be covid vaccine manufacture for local Malaysian

Posted by yongyong88 > 2020-09-18 14:45 | Report Abuse

STILL STRONG,.. GO GO GO STEADY UPTREND MAN!!!

Posted by abcb > 2020-09-18 20:51 | Report Abuse

LTAT should revise the privatisation price to RM2.55 instead of RM0.80,

Posted by stan20 > 2020-09-19 14:04 | Report Abuse

better pump and dump

Posted by abcb > 2020-09-19 23:01 | Report Abuse

The week of September 21-September 27
Copy part from The Edge Malaysia
Page 22, Chairman:Boustead is a ' company in transition '
First phase of transformation plan aim at transforming the group into a high- performaning, sustainable and resilient organisation in 3 years
"This is important as the the performance of Boustead Group is a critical driver of the dividend pay out by LTAT to our stakeholders-the members of the arm forces
'Will honour all existing financial commitments '
'We are continuously monitoring our cash position, as well as the debt that we need to service In terms of maintaining a healthy cash balance, our focus has been on three areas: improving our cash flow from operations, matching our debt repayment commitment to our cash flow profile and monetising non-strategic,low-yielding assets.
"With all this in place,it is safe to say that we are confident that we will be able to honour all our existing financial commitments " says Mohamad Khaled

Posted by abcb > 2020-09-19 23:09 | Report Abuse

"We have been in active discussions with all our bankers in a last few months, and we are encouraged by the progress make in the talks. Our aim is to reach an agreement with our lenders as soon as possible, so that we can focus our attention on other parts of the transformation. Depending on the final structure agreed with our lenders,we may or may not require shareholders' approval.This will only be decided in due course, " says Chairman

Posted by abcb > 2020-09-19 23:27 | Report Abuse

To date,the group has also institutionalised an investment monitoring framework so that its board and management have an overview of each of the investments made by the group, and
their respective performance.
" I am pleased to share that,as of now ,we are clear on the key steps that we need to take for each of these investments In parallel, we have also progressed on our debt re- profiling and asset rationalisation plan As previous reported, we have started the disposal of a number of of properties, including the Royale Chulan Bukit Bintang Hotel and one plot of land in Jalan Cochrane, Kuala Lumpur.
" However, it is important to note that with the current market situation, any future sale with only be done after thorough review of the assets potential to ensure the true value of our assets is preserved and protected, " he says

Posted by uptrending > 2020-09-20 09:53 | Report Abuse

Boustead owns (as at 18-09-2020)
1) 1,286,135,900 shares in Bplant @rm0.55, market value Rm707. 37 M
2) 146,110,415 shares in Pharma @rm4.57, market value Rm667. 72 M
3) 411,630,053 shares in Affin @rm1.42, market value Rm584. 51 M
4) 161,497,448 shares in BHIC @rm0.60, market value RM96. 90M

JUST these 4 listed entities, total market value is already RM 2,056, 500,000

Boustead has a total of 2,026, 000,000 shares listed.

convert to per share value in Boustead is
RM2,056,500,000/ 2,026,000,000= RM 1.015

YES! RM1. 015 per share

This has ot yet taken in BHPetrol which could be sold for RM1. 5 B

and all the other properties, malls, hotels, and UAC (manufacturing of building materials) which was taken private years ago...

The proposed offer price of RM0. 80 per share is not justified, it should be REVISED UPWARD...

Posted by Jonathan Keung > 2020-09-21 07:42 | Report Abuse

Apart from Bplant, Pharma, Affin,,BHIC, BHP petroleum.other jewels Bproperties { Mutiara Rini, Mytown } and Profitable UAC. LTAT knows it's a unloved gold mine

Posted by abcb > 2020-09-21 07:46 | Report Abuse

Final count down for privatisation plan,hopes bankers (lenders) approve the deal as soon as possible

Posted by abcb > 2020-09-21 07:50 | Report Abuse

Yes you are absolutely right, LTAT should revise the price base on its NTA which worth RM1.76 excluding other assets which have been taken private few years ago

Posted by Jonathan Keung > 2020-09-21 09:38 | Report Abuse

Yes ABCD. LTAT can and will be able to revise upwards their pricing subject to the level of acceptance. Past history showed if acceptance is below 70 % offeror canl upscale thier pricing. LTAT is cash rich

Posted by mf > 2020-09-21 11:16 |

Post removed.Why?

Posted by Hl123456 > 2020-09-21 12:12 | Report Abuse

anyone have any idea when LTAT need to confirm or decide on the privatization ?

Posted by Hl123456 > 2020-09-21 12:15 | Report Abuse

recent counters that go private offered 50% above closing price done on cut off date

Posted by Plantermen > 2020-09-21 12:56 | Report Abuse

LTAT need to confirm thier proposal on or before 26 Oct

Posted by Hl123456 > 2020-09-21 15:27 | Report Abuse

thanks for the info

Posted by Valgrovest > 2020-09-22 09:23 | Report Abuse

https://www.theedgemarkets.com/article/boustead-holdings-appears-undervalued-says-kenanga-research

Posted by Noni > 2020-09-22 20:00 | Report Abuse

https://www.youtube.com/watch?v=0r0jifQptcs

Do you feel it?

Posted by bbbbbb > 2020-09-23 13:36 | Report Abuse

govn change, this also drop.... no more project.....

Posted by Plantermen > 2020-09-25 09:04 | Report Abuse

LTAT is servicemen pension fund board. Whoever is running the government needs servicemen support. This is the reason why TDM, Ah jibgor, Moohidyin plays balls to placate the servicemen and pdrm

Posted by Jonathan Keung > 2020-09-28 09:08 | Report Abuse

Warisan self inflicted damage when their candidate question the Lahad Datu incident { hurting role of the servicemen } winning margin is razor thin in alot of seats. The servicemen votes counts

Posted by stan20 > 2020-09-29 01:44 | Report Abuse

Anyone has information regarding the Bstead QR dates and result ?

Posted by Jonathan Keung > 2020-09-29 06:13 | Report Abuse

3Qtr report ending 30September { announced by end November }

Posted by yongyong88 > 2020-09-29 08:49 | Report Abuse

LTAT seems unable to manage bstead, better sell to more efficient parties that can realise its true value..

Posted by ronnie2u > 2020-10-02 16:56 | Report Abuse

https://www.theedgemarkets.com/article/ltat-chief-nik-amlizan-quits-after-two-years-amid-boustead-privatisation-talks

Posted by BigDaddy88 > 2020-10-05 11:03 | Report Abuse

So is this counter gonna be acquired or not? If not, time to cabut

Posted by kentut88 > 2020-10-05 11:45 | Report Abuse

Gomen sappot must hold