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

HLTGang

636 posts

Posted by HLTGang > 2021-03-10 12:42 | Report Abuse

going announce some new business solar power, technology....up tp Rm1.50

Hl123456

221 posts

Posted by Hl123456 > 2021-03-10 13:10 | Report Abuse

Yes hold tight ...

Johnzhang

3,098 posts

Posted by Johnzhang > 2021-03-10 13:31 | Report Abuse

Recovery cum political theme counters making good headways now. Bstead and Bplant that fit the theme will be the next to surge ???

mfbs

1,229 posts

Posted by mfbs > 2021-03-10 15:17 | Report Abuse

Go baby go

winmal

1,128 posts

Posted by winmal > 2021-03-10 15:18 | Report Abuse

some brewing ...

mfbs

1,229 posts

Posted by mfbs > 2021-03-11 11:01 | Report Abuse

Now Boustead the Only GLC with low price....

carilembu

1,252 posts

Posted by carilembu > 2021-03-11 11:02 | Report Abuse

By next week expect 0.70

Hl123456

221 posts

Posted by Hl123456 > 2021-03-11 11:29 | Report Abuse

great ...on the way to level .7 , .8. 1.0 .....

mfbs

1,229 posts

Posted by mfbs > 2021-03-11 13:29 | Report Abuse

Hihihi

Posted by hotshotinvestor > 2021-03-11 15:50 | Report Abuse

GLC play or pre-election play?

Plantermen

2,253 posts

Posted by Plantermen > 2021-03-11 17:24 | Report Abuse

Glc play { members of Khazanah have PM and FM resp }

Hl123456

221 posts

Posted by Hl123456 > 2021-03-11 17:47 | Report Abuse

slowly but surely....

Posted by Jonathan Keung > 2021-03-11 20:13 | Report Abuse

Between all the government owned Glic " Boustead Holdings " is the most underrated or non performing company. despite holding strategic key stalks in banking , property, plantation, heavy industries, hotels, petroleum, consumer products not forgetting valuable land banks. LTAT should have changed and kick their burt's or their strategy long long ago and not let the share slide from $5.00+ to current miserable 66 sen . Heads of their division must be kick out off their comfort zone. Don't even used Maybank, Sime, Tab Haji, Misc or Petronas as the yardstick

Jjkcl

883 posts

Posted by Jjkcl > 2021-03-11 20:18 | Report Abuse

Back to 0.80 soon

Johnzhang

3,098 posts

Posted by Johnzhang > 2021-03-11 20:34 | Report Abuse

It's MSM in the making.

TheContrarian

9,507 posts

Posted by TheContrarian > 2021-03-11 20:42 | Report Abuse

Don't think it will be like MSM, nah, no way.

Posted by florenceyong > 2021-03-11 21:49 | Report Abuse

Contrarian, agreed w you.

williamtkb

3,216 posts

Posted by williamtkb > 2021-03-11 22:27 | Report Abuse

Wah... Suddenly goreng up. Look like they want to push up above Rm1 for GE15 funds

Plantermen

2,253 posts

Posted by Plantermen > 2021-03-12 07:44 | Report Abuse

Within the Boustead Group of companies. Affin Bank has released the qtr result plus interim dividend announcement. Possibility coming next 3 or 4 days result will see more result out and surprise dividends .

TheContrarian

9,507 posts

Posted by TheContrarian > 2021-03-12 12:49 | Report Abuse

Affin's dividend is to help Boustead and LTAT.

Posted by Jonathan Keung > 2021-03-12 14:04 | Report Abuse

Yup expect BPlant declared higher dividend too

Posted by AllanTingAS > 2021-03-12 21:49 | Report Abuse

I also looking forward to have dividend! But based on YTD on 30/Sep/20 QR, the EPS is -9.8 sen! Thus, their next QR must have min EPS of 15 sen to allow them declare dividend. Or maybe they just taking future money to pay the dividend in which this is not correct way of manage a company!

mfbs

1,229 posts

Posted by mfbs > 2021-03-13 10:06 | Report Abuse

if no dividen but price can limit up, better

Johnzhang

3,098 posts

Posted by Johnzhang > 2021-03-13 10:26 | Report Abuse

AllantingAS, whether a company can afford to pay dividend you must look at the distributable retained earnings and cash flow of the company. A loss making company can still pay good dividend it has distributable retained earning and healthy cashflow. Quite often a company make huge losses are due to impairment which is a non cash item but merely an Balance sheet accountibg item. For Bplant, distributable retained earning as at 30 Sept 2020 is $1.146 billion which is enough to pay up to $0.50 per share of dividend if they have the cash to do so.
Plantation companies usefully generate a lot of operating free cash flow , especially so with CpO at $4,000 level.

Johnzhang

3,098 posts

Posted by Johnzhang > 2021-03-13 10:34 | Report Abuse

Bplant EPS and Dividend from 2014 to 2019:
2014 EPS. 4.34 sen. Dvd. 6sen
2015. EPS. 4.91 sen. Dvd 13 sen
2016. EPS 14.24 sen. Dvd 14.5 sen
2017. EPS 41,58 sen. Dvd 19.5 sen
2018 EPS (2.31) sen dvd 7 sen
2019 EPS (6,43) sen dvd 1 sen
2020 EPS ?? Dvd ??

Posted by AllanTingAS > 2021-03-13 10:53 | Report Abuse

TQ. Let wait for their QR in coming June. Then can decide to add or reduce the holding.

Johnzhang

3,098 posts

Posted by Johnzhang > 2021-03-13 11:00 | Report Abuse

For Bstead , the distributable retained earnings as at 30 Sept 2020 is $228 mil or about 11 sen per share. Again , Bstead suffer huge losses in 2018 and 2019 due to impairment& amortisation of $262 mil and $1.33 bil in 2018 and 2019 respectively. These are non cash items . EBITA for 2018 and 2019 are positive and at about $337 mil and $441 mil respectively. Hope for Bstead turnaround is very good.
Who knows if there will be reversals of some of the impairment made in 2 previous year ?

Johnzhang

3,098 posts

Posted by Johnzhang > 2021-03-13 11:04 | Report Abuse

I am very passionate for the turnaround prospect for Bplant and Bstead . I started accumulating these share since June last year and continue to buy on dip .
I have No ulterior motive for my sharing of information and view points. Do your own evaluation and judgement.

Posted by MuttsInvestor > 2021-03-13 11:29 | Report Abuse

Having invested in stocks for many , many years . Better to be FOCUS and Patient when Opportunity arises. A few counter well "Profited and Invested" is BETTER than ENDLESS Speculation on MANY counters.

mfbs

1,229 posts

Posted by mfbs > 2021-03-13 11:30 | Report Abuse

Nice

HLTGang

636 posts

Posted by HLTGang > 2021-03-13 15:05 | Report Abuse

i 100%agree with muttsinvestor only invest in few counter......that potential going up...i go for vizione 0.31 hopefully go up to 0.60

Alfonso

3,116 posts

Posted by Alfonso > 2021-03-13 15:08 | Report Abuse

vizione got chance, pro management team but not boustead, boustead no strong leadership, all main main politik, not stable.

Posted by Jonathan Keung > 2021-03-13 16:42 | Report Abuse

Another impairment related cost is the migration of the new MFRS accounting standard

Plantermen

2,253 posts

Posted by Plantermen > 2021-03-15 08:32 | Report Abuse

Need to wait for the qtr announcement { any upside and their turn around plans}

Plantermen

2,253 posts

Posted by Plantermen > 2021-03-16 09:32 | Report Abuse

Look at FGV. failed privatise. Price jump to 1.60. Boustead still struggling at 65-67

mfbs

1,229 posts

Posted by mfbs > 2021-03-16 15:40 | Report Abuse

Boustead rubbish company

TheContrarian

9,507 posts

Posted by TheContrarian > 2021-03-16 17:16 | Report Abuse

Boustead going to be awarded rubbish collection contract for whole Malaysia, haha.

mfbs

1,229 posts

Posted by mfbs > 2021-03-16 17:21 | Report Abuse

Nice..winner of rubbish cup

TheContrarian

9,507 posts

Posted by TheContrarian > 2021-03-16 17:23 | Report Abuse

Haha, rubbish recycling can also make lots of money.

mfbs

1,229 posts

Posted by mfbs > 2021-03-16 17:33 | Report Abuse

Rubbish company

brianklc

1,624 posts

Posted by brianklc > 2021-03-16 20:59 | Report Abuse

Don’t look down on bstead, sekali tomorrow limit up thn u know

mfbs

1,229 posts

Posted by mfbs > 2021-03-16 21:15 | Report Abuse

hahaha..rubbish company

mfbs

1,229 posts

Posted by mfbs > 2021-03-17 21:29 | Report Abuse

Rubbish

Plantermen

2,253 posts

Posted by Plantermen > 2021-03-18 07:35 | Report Abuse

Rubbish counter's all are pushing higher and higher??? Look at the active counter list

limkokthye

6,039 posts

Posted by limkokthye > 2021-03-18 16:44 | Report Abuse

this is umno counter, 2018 ge 14, jibby lose his seat, this counter terus masuk longkang

mfbs

1,229 posts

Posted by mfbs > 2021-03-18 17:14 | Report Abuse

Rubbish

limkokthye

6,039 posts

Posted by limkokthye > 2021-03-18 20:02 | Report Abuse

dont say rubbish, next ge15, umno married with pkr, this stock will fly

mfbs

1,229 posts

Posted by mfbs > 2021-03-19 07:21 | Report Abuse

Rubbish always rubbish, never can change

Posted by Jonathan Keung > 2021-03-19 08:36 | Report Abuse

Looking at current political scenario scene. Umno may be the next government in waiting if they play their cards right. Umno is running the 4 states government { pahang, perak , perlis, johor } Sabah, Malacca may be their next target. Bersatu ,pas or Pkr becomes their step brother

mfbs

1,229 posts

Posted by mfbs > 2021-03-19 11:38 | Report Abuse

Every day down this rubbish...

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