Will someone offer to buy the controlling stake in Bplant from Bstead excatly the same way KLK do ? Worth speculating what will be the offer price given that bplant is bigger and own more valuable land especially those freehold land in.west Malaysia.
@mfbs and @HLTGang,. The day that you have to eat your words will come . My humble advise to both not to waste your life here . Spend you precious time to look for counters that make you rich .
Will Bstead and LTAT BOD consider to divest their block of share in Bplant to an interested buyer just like IJM divest ijmplant to KLK? Why not ! It is the fastest way to solve the debt woes of Bstead and LTAT.
In today's StarBiz,. the headline article on plantations M&A is very interesting. In there , there is valuation of plantation brownfield estate by the industry expert Mr Chandran . Mr Chandran has the credentials to speak about this subject. On the other hand,. those IB analysts who only work from computer desktop in a cosy office tell you half baked story.
@Valgrovest, Serious privitasation exercise will come without prior notice which you can see in MMC, Ijmplant etc .... The last aborted privatisation move , which was strangely announced to the public months ahead , seem like for testing water. I personally know of a few top 30 shareholders were not willing to give in at $0.80 to $1,00 proposed. Those shareholders and perhaps many others are looking at $1.20-$1.30. Without the support from most of the top 30 shareholders, the privatisation can not proceed with success.
Long way to go. But we can see the light at the end of the tunnel. New management is doing the right things to boost its market cap to commendable level, with sustainable core businesses
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
limkokthye
6,039 posts
Posted by limkokthye > 2021-06-08 16:45 | Report Abuse
50-60 sen is consider cheap