BOUSTEAD HOLDINGS BHD

KLSE (MYR): BSTEAD (2771)

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7 people like this.

4,928 comment(s). Last comment by Thinkerbell 2023-09-16 07:41

Posted by AffinHwang > 2020-10-06 05:10 | Report Abuse

Malay BOD really bodoh. Affin $ used to fry OTB stocks why BOD not aware? Latest is Prolexus. No wonder Affin cheapest among banks.

Plantermen

2,225 posts

Posted by Plantermen > 2020-10-06 10:15 | Report Abuse

This week expected sideway & rangebound trading. LTAT new CEO taking over.

Hl123456

221 posts

Posted by Hl123456 > 2020-10-06 13:31 | Report Abuse

wonder if privatization plan still on

Keyman188

5,968 posts

Posted by Keyman188 > 2020-10-06 20:50 | Report Abuse

talk talk privatisation until CEO resigned sampai tak boleh tahan.......

Plantermen

2,225 posts

Posted by Plantermen > 2020-10-07 08:51 | Report Abuse

Believed the lady was not supportive and the Board wanted to turn things around. Her tenure was not renewed upon expiry

Hl123456

221 posts

Posted by Hl123456 > 2020-10-07 10:57 | Report Abuse

then that's good. waiting for new CEO with positive development

Plantermen

2,225 posts

Posted by Plantermen > 2020-10-07 12:50 | Report Abuse

The bigger Q is a snap election forthcoming. DSAI is scheduled to meet the Agung { to present his list of 121 or 125} Agung has delayed the meeting due to ill health. PRIOR to Muhyiddin {PM appointment} his majesty has interview all the 222 MP's to ascertain their support. DSAI is no a greenhorn he must have solid grounds to ask for Agung consent

BigDaddy88

113 posts

Posted by BigDaddy88 > 2020-10-07 17:44 | Report Abuse

Waiting for new CEO to come close a good deal. TP1.2

stan20

80 posts

Posted by stan20 > 2020-10-08 00:18 | Report Abuse

@bulldog what's your average price ?

stan20

80 posts

Posted by stan20 > 2020-10-08 00:19 | Report Abuse

just curious

stan20

80 posts

Posted by stan20 > 2020-10-08 00:19 | Report Abuse

coz you have been accumulating

hng33

20,328 posts

Posted by hng33 > 2020-10-08 10:36 | Report Abuse

add boustead at 65sen

hng33

20,328 posts

Posted by hng33 > 2020-10-08 11:02 | Report Abuse

Deadline to firm up take over offer in next 2 week

https://www.thestar.com.my/business/business-news/2020/08/29/ltats-dilemma

stan20

80 posts

Posted by stan20 > 2020-10-08 17:35 | Report Abuse

Privatization would be ideal for Bstead.

hng33

20,328 posts

Posted by hng33 > 2020-10-08 18:52 | Report Abuse

Next 2 week is only time left for LTAT to formally offer privatization, 80sen proposal may be good, but 90sen sen also possible in view of great improvement fundamentally change in its subsidiary, pahramaniaga and boustead plantation.

Posted by Jonathan Keung > 2020-10-09 08:54 | Report Abuse

LTAT past 3 years dismal pay out range between 2.0% -2.5% dragged down by Bstead mark to market valuations. Taking private is a way out for LTAT board { curtailing their ability for a higher pay out ratio }

Hl123456

221 posts

Posted by Hl123456 > 2020-10-09 11:01 | Report Abuse

yes believe they will proceed with privatization but hopefully could offer higher than 0.8

Plantermen

2,225 posts

Posted by Plantermen > 2020-10-09 14:56 | Report Abuse

Sit tight. LTAT keeping closed contacts with institutional holders { KWAP, KWSP, PNB and other fund managers} proposed Bstead plans. They need to secure their support

BigDaddy88

113 posts

Posted by BigDaddy88 > 2020-10-12 09:09 | Report Abuse

Privatization >RM0.8 coming soon. Don't say I tak ajak.

hng33

20,328 posts

Posted by hng33 > 2020-10-12 09:57 | Report Abuse

add all balance bstead at 64.5-65sen

hng33

20,328 posts

Posted by hng33 > 2020-10-12 10:12 | Report Abuse

Power 'ON'

Posted by ranacinggey > 2020-10-12 11:31 | Report Abuse

Power "OFF"

Posted by BousteadInvestor > 2020-10-12 11:32 | Report Abuse

privatisation!

carilembu

1,249 posts

Posted by carilembu > 2020-10-12 12:34 | Report Abuse

BSTEAD IS UNDERVALUED. It is also an indirect proxy to the Covid-19 vaccine thematic play and rising crude palm oil prices, which have lifted the share prices of Pharmaniaga and Boustead Plantations respectively. Both counters have gone up more than 95% and 85% respectively since July. Bstead should be at least 0.75!

Hl123456

221 posts

Posted by Hl123456 > 2020-10-12 18:10 | Report Abuse

yes agree. it is undervalued

stan20

80 posts

Posted by stan20 > 2020-10-13 00:53 | Report Abuse

Ya, I seconded @carilembu

stan20

80 posts

Posted by stan20 > 2020-10-13 01:28 | Report Abuse

I am happy to let go 0.7

Hl123456

221 posts

Posted by Hl123456 > 2020-10-13 09:44 | Report Abuse

unfortunately i am unable to as my entry is higher...

stan20

80 posts

Posted by stan20 > 2020-10-13 18:18 | Report Abuse

@HI123456 u entered what price? 0.72 ?

Hl123456

221 posts

Posted by Hl123456 > 2020-10-14 01:17 | Report Abuse

Stan20 .. yes Correct

freddiehero

16,721 posts

Posted by freddiehero > 2020-10-14 07:41 | Report Abuse

Wat high entry cost?

freddiehero

16,721 posts

Posted by freddiehero > 2020-10-14 07:43 | Report Abuse

the value around 0.15

freddiehero

16,721 posts

Posted by freddiehero > 2020-10-14 07:43 | Report Abuse

high dept

freddiehero

16,721 posts

Posted by freddiehero > 2020-10-14 07:43 | Report Abuse

very high

Hl123456

221 posts

Posted by Hl123456 > 2020-10-14 19:29 | Report Abuse

winmal announcement soon

when ? privatization ? maybe new LTAT CEO

hng33

20,328 posts

Posted by hng33 > 2020-10-15 15:47 | Report Abuse

cut bstead at 63.5-64sen, swap all to supermax at 10.56

Posted by Jonathan Keung > 2020-10-17 09:37 | Report Abuse

This whole week Bstead zzzzzzzz

ivanlau

1,378 posts

Posted by ivanlau > 2020-10-17 10:48 | Report Abuse

this is golden summit sochai chong stock pick . He buy call this stock from rm 1 now drop to 64.5 cents ..... now he no sound at all and he will delete message in the fb page when u said something bad to him.... hahahhaah what a lousy sochai guru

Posted by night_shadow > 2020-10-18 23:03 | Report Abuse

off coz la eventually most stock price will pick up again, the question is when? and is it worth it to wait?

Wt6669

298 posts

Posted by Wt6669 > 2020-10-19 09:25 | Report Abuse

phar up up tis lagging

yongyong88

540 posts

Posted by yongyong88 > 2020-10-20 16:45 | Report Abuse

buy before too late... TP RM2

Hl123456

221 posts

Posted by Hl123456 > 2020-10-21 00:34 | Report Abuse

Any news or announcement coming ?

Solomon7

370 posts

Posted by Solomon7 > 2020-10-22 21:04 | Report Abuse

Planterman, all set?

BigDaddy88

113 posts

Posted by BigDaddy88 > 2020-10-24 11:16 | Report Abuse

Monday all in!

Hl123456

221 posts

Posted by Hl123456 > 2020-10-26 12:49 | Report Abuse

no news..?

abcb

2,974 posts

Posted by abcb > 2020-10-26 22:38 | Report Abuse

No news is good news

mf

28,723 posts

Posted by mf > 2020-10-26 22:38 |

Post removed.Why?

whwoei

4 posts

Posted by whwoei > 2020-10-27 10:08 | Report Abuse

is the privatization offer expired ?
no deal ?

Posted by hanafi9670 > 2020-10-27 13:03 | Report Abuse

extend lagi lor... see bursa announcement

Posted by hanafi9670 > 2020-10-27 13:05 | Report Abuse

2 February 2021 last... no more extension

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