Posted by $$$ ^v^ GOODLUCK ^v^ $$$ > 2021-07-07 22:24 | Report Abuse

Johnzhang champion he collect 0.55 cents

Posted by $$$ ^v^ GOODLUCK ^v^ $$$ > 2021-07-07 22:30 | Report Abuse

Already inform investor members here early buy low and collect low. hope tomorrow many people will chase like crazy.

Posted by brennan > 2021-07-08 00:18 | Report Abuse

Hope tomolo Limit Up.

Posted by yongyong88 > 2021-07-08 11:53 | Report Abuse

QUICKIE STOCK... FAST EJACULATION AND LIMB AGAIN FOR SOME TIME BEFORE NEXT HARD ON.. JSUT LIKE A HORNY OLD MAN

Posted by mfbs > 2021-07-08 11:54 | Report Abuse

hahahahaha

Posted by Hglee92 > 2021-07-08 13:39 | Report Abuse

Higher prices of the tropical oil over the past year created a profit windfall for the industry, making the time ripe for cash-rich planters to snap up plantation assets. It’s also an opportunity to monetize estates for smaller-sized growers grappling with rising operational costs and worker shortages, as well as heightened scrutiny on environmental, social and governance issues.

Palm oil, used in everything from cooking oil to chocolate and detergent, is trading more than 40% above its five-year average amid a global rally in farm commodities, lower-than-expected production and optimism over demand. Still, while vaccination efforts are picking up in some parts of the world, several countries are battling fresh infections and renewed lockdowns, complicating matters for an industry so heavily reliant on manual labour.

“Sellers are bringing down prices to more reasonable levels because they see the challenges of labour shortages, forced labour allegations, and sustainability issues,” said Ivy Ng, head of research at CGS-CIMB in Kuala Lumpur. “Buyers are more confident of striking a deal because palm oil prices have been pretty good for the last nine months.”

Some companies are also looking to sell plantation assets to relieve debt burdens worsened by the Covid-19 pandemic, she said. “The high palm oil price means getting a better value. They have to sell those assets that are doing relatively well, and therefore plantations are the ones being transacted.”

Malaysian conglomerate Boustead Holdings Bhd is weighing options for its listed palm oil subsidiary including a sale, Bloomberg reported Wednesday, citing people with knowledge of the matter. Boustead Plantations Bhd, which has a market value of about RM1.4 billion, may be sold, or see its plantations leased to third parties or sold separately.

The potential sale comes on the heels of Kuala Lumpur Kepong Bhd.’s takeover bid of IJM Plantations Bhd for RM1.5 billion last month.

More deals may materialize in coming months. Listed plantation companies with high net gearing and financial commitments may consider offers from growers looking to expand. Buyers — especially palm giants with economies of scale to cope with higher ESG compliance costs — will be scrutinizing the quality of estates, the age profile of trees and sustainable certification

Posted by GetInCondo > 2021-07-08 15:56 | Report Abuse

Boustead still stand firm in today klse big drop,anything will brew?

Posted by Bgt 9963 > 2021-07-09 08:58 |

Post removed.Why?

Posted by Johnzhang > 2021-07-09 09:37 | Report Abuse

Many dare not buy Pelikan at 30 sen. When the news about pelikan disposing an asset worth more than its market capitalization leaked to the market many scrambling to buy pelikan even up to 55 sen. I think there is a lesson we all can learn from pelikan episode!

Posted by leng > 2021-07-09 10:01 | Report Abuse

Johnzhang, what is your target for Bstead?

Posted by Johnzhang > 2021-07-09 13:08 | Report Abuse

Leng, I am looking at $1.20

Posted by leng > 2021-07-09 14:19 | Report Abuse

wow, super high?

Posted by brennan > 2021-07-09 14:37 | Report Abuse

wow...1.2>??? When can be.....hope and hope, wish n wish

Posted by limkokthye > 2021-07-09 16:39 | Report Abuse

coming soon

Posted by Johnzhang > 2021-07-09 16:53 | Report Abuse

$1.20 is high? It’s all depend how you look at it and how much you understand it’s intrinsic value.
When MMC was 70-80 sen most of the time last year , a $2 TP was unthinkable ! Even the experts or analysts gave TP of $1.20-1.30.

Posted by YC3883 > 2021-07-10 22:08 | Report Abuse

Possible to get DBL?

Posted by limkokthye > 2021-07-12 19:05 | Report Abuse

sure get

Posted by huatlo > 2021-07-12 22:08 | Report Abuse

is it possible to privatise or having big deals in this week due to political issues and high covid cases?

Posted by YC3883 > 2021-07-13 23:48 | Report Abuse

good, buy and keep

Posted by alivetoinvest > 2021-07-14 10:26 | Report Abuse

sad stock waste time bye

Posted by Bgt 9963 > 2021-07-14 12:46 |

Post removed.Why?

Posted by limkokthye > 2021-07-14 16:17 | Report Abuse

bstead stand strong, all down bstead stay strong

Posted by limkokthye > 2021-07-15 18:42 | Report Abuse

umno win next ge15 bstead follow the way

Posted by mfbs > 2021-07-16 09:51 | Report Abuse

aiya..going down

Posted by mfbs > 2021-07-16 11:45 | Report Abuse

going 60cents ??

Posted by Cash999 > 2021-07-16 12:13 | Report Abuse

Sold everything this week. Cannot expect positive vibes with so many issues in Malaysia. Will buy stock if the price is attractive.

Posted by mfbs > 2021-07-16 13:33 | Report Abuse

Waiting at 60 cents ya

Posted by Bgt 9963 > 2021-07-16 16:51 |

Post removed.Why?

Posted by Valgrovest > 2021-07-19 11:35 | Report Abuse

They like to rotate. Up up up ...privatisation.....then quiet...quiet...secretly accumulate...then...ka boom again !

Posted by Hl123456 > 2021-07-19 11:54 | Report Abuse

for sure something is going on ...

Posted by Jonathan Keung > 2021-07-19 12:40 | Report Abuse

Any possibility of Bplant and Bstead shares come to a price range of { eg 70 sen -75 sen } Bstead will offer & exchange Bplant minorities on a 1 :1 basis. No cash offer but just exchange of Bplant shares with Bstead. Just my own guess ?

Posted by Johnzhang > 2021-07-19 12:52 | Report Abuse

That is privatizing Bplant by issue of Bstead share . I think it is not workable without the option of cash offer for minorities to choose .

Posted by limkokthye > 2021-07-19 13:31 | Report Abuse

Sell bplant

Posted by Valgrovest > 2021-07-19 16:37 | Report Abuse

Vroommm...engine started...fasten your seat. We are flying up to the moon !

Posted by limkokthye > 2021-07-19 16:40 | Report Abuse

pump and dump

Posted by MuttsInvestor > 2021-07-19 17:37 | Report Abuse

Bplant ...NTA is 1.27 ? Without Re-Valuation of LAnd Assets. Many Holder will NOT approve the Share Swap. If give 1 Bplant = 2 Boustead ..... Maybe. ???? LoL .

Posted by limkokthye > 2021-07-19 19:06 | Report Abuse

https://www.theedgemarkets.com/article/bhic-gets-oneyear-extension-mindef-submarine-service-support-rm159m

Posted by limkokthye > 2021-07-19 19:07 | Report Abuse

suddendy so many good news come to bstead

Posted by Johnzhang > 2021-07-19 19:40 | Report Abuse

Because government to make sure Bstead and its subsidiaries turned around well and start paying good dividends to the members of LTAT.

Posted by Johnzhang > 2021-07-22 09:35 | Report Abuse

Government approves 14 mil doses of Sinovac to be sold to states and private companies. This is despite $billions of funds already allocated to vaccinated all for free and millions are waiting in long queues ! Is this for’ bailing out’ pharmaniaga/Bstead/LTAT ??

Posted by Valgrovest > 2021-07-22 10:11 | Report Abuse

Looks like it is coming.....volume and price increasing gradually. something is brewing underneath quietly

Posted by Jnlee > 2021-07-22 13:25 | Report Abuse

Wait neck also long already

Posted by Plantermen > 2021-07-23 10:14 | Report Abuse

Profit generation for Pharma

Posted by Valgrovest > 2021-07-26 15:40 | Report Abuse

Seems some parties accumulating...maybe for the next spike .

Posted by Jonathan Keung > 2021-07-27 09:38 | Report Abuse

The past week see Boustead share price easing

Posted by hng33 > 2021-07-28 11:17 | Report Abuse

Use balance capital, bought boustead at 62sen

Posted by mfbs > 2021-07-28 11:22 | Report Abuse

Wow. What happen..60 cent coming?

Posted by Hl123456 > 2021-07-28 13:01 | Report Abuse

hng33 Use balance capital, bought boustead at 62sen

why ? any news ?

Posted by limkokthye > 2021-07-28 14:00 | Report Abuse

Pump to 78sen, then press until 9696

Posted by hng33 > 2021-07-29 00:08 | Report Abuse

For CPO exposure, better opt for Boustead plantation. It is major target from its control. Boustead holding to unlock its assets by either

1. Privatise boustead planation
2. Divest boustead plantation alike ijm plantation
3. Partial sell palm estate