Posted by TheContrarian > 2021-01-22 19:29 | Report Abuse

Last year until end of December I made realised gains of RM140,157.02 from what I have sold. This month I made a further few thousand from sale of TA Enterprise and FGV.

Posted by BousteadInvestor > 2021-01-23 11:05 | Report Abuse

thecontrarian is very rich. i only can earn RM14,015.70 if ltat pays 950

Posted by brianklc > 2021-01-23 11:47 | Report Abuse

Wow, can track until cents I m impressed. If I can make 100k, I don’t even bother to count hundreds.

Posted by Condom004 > 2021-01-23 11:49 | Report Abuse

Many Singam Lingam here

Posted by yip_net > 2021-01-23 14:01 | Report Abuse

Ha ha ha

Posted by TheContrarian > 2021-01-23 15:41 | Report Abuse

If don't keep record of purchase and sale how to know how much gain is made. Biggest gain I made in a counter last year was MLab (around RM36,000). Supermax I sold at RM22.52 before the bonus. Very easy to make money if you have discipline and patience to buy low and sell high.

Posted by TheContrarian > 2021-01-23 16:05 | Report Abuse

When lots of people were buying plantation as CPO breaches RM3,000/ton I sold my plantation shares and bought into steel cheaply. When steel suddenly spiked I sold steel and started to buy into Boustead. It's really easy to make money.

Posted by TheContrarian > 2021-01-23 16:09 | Report Abuse

You just need a small amount of capital to invest and every gain you make you re-invest and let your investment grow.

Posted by dingdonghuat > 2021-01-23 17:17 | Report Abuse

Feb 2 is cutting close...besar kecil 50 50...

Posted by yip_net > 2021-01-24 00:50 | Report Abuse

Banker or player.

Posted by ivan9511 > 2021-01-24 11:47 | Report Abuse

@TheContrarian > Jan 23, 2021 4:09 PM | Report Abuse

Sifu now many plt ctrs are very cheap
Wtk tdm rsawit mhc golden land ioi and all very cheap
Seem can add because normally next month all can get good results as price oil palm.is good

Posted by TheContrarian > 2021-01-24 13:44 | Report Abuse

ivan9511, I don't think plantation is a good buy. Output is down. There's labour shortage harvesting the fruits, transportation problem due to MCO, flooding etc. The fruits are left to rot. Golden Land can buy below 40 sen.

Posted by BousteadInvestor > 2021-01-24 14:31 | Report Abuse

workers get sent back ? can new workers come?

Posted by TheContrarian > 2021-01-24 15:27 | Report Abuse

BousteadInvestor, I see you started investing in Boustead since July. Hope you make a lot from Boustead for your patience and continued support. LTAT sends you their regards and will reward you greatly.

Posted by BousteadInvestor > 2021-01-24 16:48 | Report Abuse

at first, I didn’t believe the news, it seems the announcements get more serious every month. august september I buy a bit. actually what is wrong with this ltat n boustead?

https://www.theedgemarkets.com/article/ltat-declares-125-dividend-bonus-fy17

last time, both give good dividend now ltat 2.5% and boustead zero.

thecontrarian, u started invest when?

Posted by BousteadInvestor > 2021-01-24 17:05 | Report Abuse

MCO3.0 will bring share price down? 760 740 720 700 680 660?

Posted by TheContrarian > 2021-01-24 17:23 | Report Abuse

660, 640, 620, 600 ....... it's a trap.

Posted by BousteadInvestor > 2021-01-24 23:11 | Report Abuse

is a trap.

Posted by Richard Lee > 2021-01-25 09:25 | Report Abuse

wow!

Posted by Plantermen > 2021-01-25 10:53 | Report Abuse

LTAT was unable to declare higher dividends for the past 2-3 years due to mark to market Boustead valuations write down under the new MFRS guidelines. Boustead is the biggest LTAT listed investment portfolio. Boustead shares was hammer down due to prevailing low CPO commodity price in 2018-2019 and large acquisitions cost for their Sabah land in 2018

Posted by TheContrarian > 2021-01-25 13:46 | Report Abuse

Anyone buying Boustead today? Or selling?

Posted by Yespleaseletsgo > 2021-01-25 13:56 | Report Abuse

Bought at 755

Posted by TheContrarian > 2021-01-25 14:00 | Report Abuse

Same here.

Posted by BousteadInvestor > 2021-01-25 14:06 | Report Abuse

thecontrarian buy little or many?

Posted by TheContrarian > 2021-01-25 14:24 | Report Abuse

Little only, I am also buying other counters.

Posted by TheContrarian > 2021-01-25 14:25 | Report Abuse

KPS, MNRB, GL Bhd.

Posted by chkhooju > 2021-01-25 14:26 | Report Abuse

What's good in KPS?

Posted by TheContrarian > 2021-01-25 14:37 | Report Abuse

Looks cheap to me at 0.79.

Posted by Hl123456 > 2021-01-25 14:52 | Report Abuse

next week is the deadline. wonder if anyone heard of any news .... will be holding until then and hopefully good news

Posted by BousteadInvestor > 2021-01-25 15:11 | Report Abuse

ok. i buy 200k shares at 740. if 800 i can earn RM12000

Posted by BousteadInvestor > 2021-01-25 16:01 | Report Abuse

besar kecil 50 50...

Posted by TheContrarian > 2021-01-25 16:02 | Report Abuse

Added at 0.74.

Posted by Plantermen > 2021-01-25 16:43 | Report Abuse

Edge reported today. LTAT {SCR} price is fixed at 90 sen for Boustead

Posted by skc761103 > 2021-01-25 16:48 | Report Abuse

plantermen, please dont mislead ppl , the edge saying potentially be more than RM0.9 for SCR ,

Posted by BousteadInvestor > 2021-01-25 16:58 | Report Abuse

Newsbreak: Sources: LTAT to take Boustead private via SCR and up takeover price

AFTER two deadline extensions, Lembaga Tabung Angkatan Tentera (LTAT) has decided to take its listed flagship group Boustead Holdings Bhd private, say sources. The armed forces fund has until Feb 2 to make up its mind on the proposed privatisation.

Sources with knowledge of the matter tell The Edge that instead of LTAT making a general offer, the privatisation of its 59.43%-owned subsidiary Boustead can be done via a selective capital reduction and repayment (SCR) exercise. The armed forces fund is also likely to raise its indicative price of 80 sen per share that was proposed in May last year.

“The offer price could potentially be more than 90 sen per share, or maybe even RM1 per share, taking into account the fact that the value of Boustead’s stakes in three public-listed companies — Boustead Plantations Bhd (57.42%), Pharmaniaga Bhd (55.93%) and Affin Bank Bhd (20.73%) — have increased over the past few months,” says a source.

Since May 28 last year, shares of Boustead Plantations had risen 75% to close at 58.5 sen last Friday, while the share price of Pharmaniaga has more than doubled to settle at RM5.25. Affin Bank shares had gained 11% during that period to close at RM1.71 last Friday.

Boustead also holds 65% equity interest in Boustead Heavy Industries Corp Bhd, but BHIC’s share price had come off 21% since May last year to settle at 57 sen last Friday.

Posted by BousteadInvestor > 2021-01-25 16:59 | Report Abuse

Over the last 12 months, shares of Boustead have declined by 29%. The stock closed at 66.5 sen last Friday, giving the company a market capitalisation of RM1.348 billion. The counter is currently trading at a price-to-book value of 0.38 times, against net assets per share of RM1.74 as at Sept 30 last year.

LTAT first confirmed on May 28 last year that it was considering taking Boustead private at an indicative price of 80 sen per share, although it also stated that there was no certainty that it would proceed with the proposal. Based on the indicative price, the proposed privatisation exercise would cost the armed forces fund about RM660 million.

In July 2020, the SC gave LTAT until Oct 27 that year to announce its firm intention on the proposed privatisation. The SC then granted an extension of four months, up to Feb 2 this year, for it to do so.

BousteadInvestor hope this is true

Posted by TheContrarian > 2021-01-25 17:37 | Report Abuse

If not true, can sue TheEdge.

Posted by BousteadInvestor > 2021-01-25 17:54 | Report Abuse

if not true, we will buy high sell low and be mickey mouse. is a trap

Posted by TheContrarian > 2021-01-25 18:02 | Report Abuse

It's a trap.

Posted by BousteadInvestor > 2021-01-25 18:29 | Report Abuse

sell now. sell to me. is a trap

Posted by TheContrarian > 2021-01-25 19:01 | Report Abuse

Market already closed, how to sell?

Posted by kahhoe123 > 2021-01-25 19:12 | Report Abuse

Tomorrow gap up???

Posted by BousteadInvestor > 2021-01-25 19:21 | Report Abuse

gap down. is a trap. sell to me tomorrow.

Posted by Yespleaseletsgo > 2021-01-25 22:04 | Report Abuse

Sell to me also please

Posted by Yespleaseletsgo > 2021-01-25 22:04 | Report Abuse

I managed to get at 735 today! Phew!

Posted by BousteadInvestor > 2021-01-26 09:24 | Report Abuse

profit. 900 900 900

Posted by thesteward > 2021-01-26 10:06 | Report Abuse

Such news n not going up could it be they think Bstead pulling a fast one again ?

Posted by MuttsInvestor > 2021-01-26 11:34 | Report Abuse

"" Sources with knowledge of the matter tell The Edge that instead of LTAT making a general offer, the privatisation of its 59.43%-owned subsidiary Boustead can be done via a selective capital reduction and repayment (SCR) exercise."' Any Sifus out there can Comment how SCR can take Boustead PRIVATE ? ( Buy Out all existing Share Holders ?? )

Posted by MuttsInvestor > 2021-01-26 11:36 | Report Abuse

https://www.theedgemarkets.com/article/cycle-carriage-be-taken-private-rm220share-selective-capital-reduction-repayment ............ CC did this to Take it Private. At a price of Rm2.20 when it was last Traded atRm1.29 .

Posted by MuttsInvestor > 2021-01-26 11:40 | Report Abuse

During the process of Capital reduction do they need SC and BN approvals ? After the Capital Reduction ... the Offer Price is determined by Who ? And what Happends if existing share Holders "Reject" the offer price ? Comments ....Sifus ?