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

Johnzhang

2,955 posts

Posted by Johnzhang > 2021-08-26 21:02 | Report Abuse

@lofan73, Yes, I am holding on until much higher value is realized . There is a lot more the management can do to the group business/assets to create much higher value than what it is now.

Posted by Jonathan Keung > 2021-08-27 12:48 | Report Abuse

Affin banking group also announced higher income & profit { latest QR }

mfbs

1,229 posts

Posted by mfbs > 2021-08-27 13:33 | Report Abuse

Loss 7million

Valgrovest

1,237 posts

Posted by Valgrovest > 2021-08-27 14:58 | Report Abuse

If most of the subsidiaries are making good profit, then Boustead Holdings at conso level should show good profit too.

Valgrovest

1,237 posts

Posted by Valgrovest > 2021-08-27 16:36 | Report Abuse

https://www.theedgemarkets.com/article/boustead-significantly-narrows-2q-loss-revenue-jumps

Small loss of 7.3mil for the quarter (comparatively lower y-oy) and overall profit for 1H2021 after 6 quarters of losses. Almost all subsidiaries performed well.

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-08-27 17:13 |

Post removed.Why?

Valgrovest

1,237 posts

Posted by Valgrovest > 2021-09-01 17:56 | Report Abuse

Lembaga Tabung Haji considering taking TH Plantation private to take advantage of the good CPO price. Will Boustead Holdings or LTAT consider taking Boustead Plantation private for the same reason?

calvintaneng

53,225 posts

Posted by calvintaneng > 2021-09-01 18:00 | Report Abuse

Posted by Valgrovest > Sep 1, 2021 5:56 PM | Report Abuse

Lembaga Tabung Haji considering taking TH Plantation private to take advantage of the good CPO price. Will Boustead Holdings or LTAT consider taking Boustead Plantation private for the same reason?

Posted by calvintaneng Answer:

BOUSTEAD PLANT LANDS NEAR PRAI ARE WORTH NEAR RM1 MILLIONS PER ACRE

IF BPLANT IS TAKEN PRIVATE IT SHOULD BE ABOVE RM2.00 TO BE FAIR (BUT STILL CHEAP)

Posted by Jonathan Keung > 2021-09-06 20:26 | Report Abuse

A listed PLC have many rules to follow plus certain decision you need to seek minorities shareholders approval. whereas an unlisted company { the board have the sole discretion without the need to go thru EGM or have the shareholders mandate.} Bplant under Bstead is the best option to take private

DickyMe

14,345 posts

Posted by DickyMe > 2021-09-10 19:39 |

Post removed.Why?

lofan73

216 posts

Posted by lofan73 > 2021-09-11 10:55 | Report Abuse

28cts cuming soon

Posted by AllanTingAS > 2021-09-11 12:05 | Report Abuse

I doubt 0.27 or 0.28 coming soon, please share with us! Because some of us wanted to invest but you scare out us!

lofan73

216 posts

Posted by lofan73 > 2021-09-11 14:05 | Report Abuse

more to come.. 29cts is cuming soon

Posted by MuttsInvestor > 2021-09-11 14:17 | Report Abuse

Sitting in my ZEN pose........... Wondering if it will ever Hit Rm0.50 ??? ...LoL ....

DickyMe

14,345 posts

Posted by DickyMe > 2021-09-11 21:08 |

Post removed.Why?

Valgrovest

1,237 posts

Posted by Valgrovest > 2021-09-18 18:51 | Report Abuse

Am holding tightly to my shares. Just have patience and wait. Who knows soon they privatise. Note that NTA is RM1.54. Why worry....

fairyz

302 posts

Posted by fairyz > 2021-09-20 00:50 | Report Abuse

Whats the actual plan for Boustead.... going private?


Will Mindef awards anything to it's subs in coming months?


The closest is vaccine expansion.....3rd dose @ booster (via Pharmaniaga?)......so far FDA not agree yet for general public in US

Valgrovest

1,237 posts

Posted by Valgrovest > 2021-09-23 19:59 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3194931

Disposal at RM230mil completed - should be good for this ctr

Johnzhang

2,955 posts

Posted by Johnzhang > 2021-09-29 10:23 | Report Abuse

The kulai estate monetisation will not be the last one .A couple more to come . Just watch out .
The companies borrowing will be substantially reduced.
As at 30/6/21 , borrowing was about $1,171 mil ($1,362 as at 30/6/20). There was already $191 mil reduction in borrowing due to strong positive cashflow generated from operations over a year. I expect cashflow from operations will still be as strong in next 2-3 years .
Asset monetisation plus substantial positive cashflow from operation will turn Bplant into very low gearing or even net cash company soon.
With reduced borrowing, the company is in strong financial position to go for privatization via SCR.
Privatization via general offer by Bstead /ltat is out of the question as they don't have the money to do so.
Privatisation of Bstead will then follow once Bplant become wholely owned.
This is because Bstead can tap it's 100% owned Bplant's resources to strengthen it's financial position for a serious privatisation offer later.
Just my thoughts for sharing.
29/09/2021 10:20 AM

Valgrovest

1,237 posts

Posted by Valgrovest > 2021-09-30 10:02 | Report Abuse

This stock is grossly undervalued !

wonnksa

179 posts

Posted by wonnksa > 2021-09-30 23:06 | Report Abuse

How many more quaters that bstead has to pay 'holders of perpetual sukuk' 13.9 mil, and `non-controlling interests' 36 mil?

wonnksa

179 posts

Posted by wonnksa > 2021-09-30 23:08 | Report Abuse

Sigh.. it's share price keep dropping. Why? Profitable but debt sucks? :(

wonnksa

179 posts

Posted by wonnksa > 2021-09-30 23:23 | Report Abuse

Any turnaround? Do something new, products and service industry level 4 and above, renewable energy, etc

kasinathan

953 posts

Posted by kasinathan > 2021-10-04 10:51 | Report Abuse

50 cents is coming

winmal

1,125 posts

Posted by winmal > 2021-10-05 15:13 | Report Abuse

something brewing... wait

Mabel

23,194 posts

Posted by Mabel > 2021-10-06 10:00 | Report Abuse

Three-quarters of global energy demand is still met by fossil fuels, with less than a fifth by non-nuclear renewables. The rest will be coming from our Plantation Bio Fuel and Malaysia is the 2nd Biggest Exporter of Palm Oil.

Crude palm oil (CPO) futures price rose to RM5,000 a tonne for the first time on Tuesday. Our palm oil exports is expected to grow by 39% m-o-m and 0.3% y-o-y in September 2021 to 1.62 million tonnes, likely due to higher exports to India, China and the EU (European Union)

Meanwhile Fossil Energy prices continue to surge to fresh records as renewed fears stoke panic of the worst shortage in decades. India has warned it has only four days of coal reserves left, German power plants are running out of fuel and China just unloaded an Australian coal shipment despite an import ban and icy relations. Supply is just not there as economies rebound from a pandemic-induced lull, while problems like logistical logjams and transport bottlenecks are adding to the pressure.

Bigger picture: OPEC+ didn't come to the rescue yesterday as the group decided to continue its original plan of gradually releasing 400,000 additional barrels of oil per month. That's despite calls from world leaders, including the White House, to bring more crude on to the market and keep a lid on prices.

It's looking good guys from both Frontiers. Mabel Energy Battleships and Supertankers as well as Bio Fuel Plantation are cruising at full speed.

Meow Meow Meow

wonnksa

179 posts

Posted by wonnksa > 2021-10-06 17:25 | Report Abuse

Will the news above affect the boustead holdings business development?

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-10-06 18:00 | Report Abuse

Plantation stock in play....!

Valgrovest

1,237 posts

Posted by Valgrovest > 2021-10-07 15:13 | Report Abuse

Something is brewing. Today price started moving up with unusual large volume. Actually alredy started moving last 2 days. Today is more obvious.

fairyz

302 posts

Posted by fairyz > 2021-10-07 22:57 | Report Abuse

CPO is brewing lol..... 5000


Let's see tomorrow how far it would fly (if tomorrow is the day)

TheContrarian

8,642 posts

Posted by TheContrarian > 2021-10-07 23:17 | Report Abuse

Everyday KWAP selling one million or two million shares.

Johnzhang

2,955 posts

Posted by Johnzhang > 2021-10-08 06:33 | Report Abuse

Ya. kWAP is dampening the price . For a purpose ???

chin5675

56 posts

Posted by chin5675 > 2021-10-08 13:22 | Report Abuse

may be their buying high last time.cut lost

Valgrovest

1,237 posts

Posted by Valgrovest > 2021-10-08 14:30 | Report Abuse

KWAP have been selling for months but amount sold is pretty smallish compared with their shareholding. We dont know their objective of selling - whether to manipulate or control the price or just to raise quick cash for other reasons.

wonnksa

179 posts

Posted by wonnksa > 2021-10-09 13:57 | Report Abuse

Hi all, need to check with your opinion on the latest news for bstead abt Deepak's suit case. Will it have negative impact? Many thanks in advance.

winmal

1,125 posts

Posted by winmal > 2021-10-13 11:06 | Report Abuse

just hold for 9 months, reinventing will done well.

Johnzhang

2,955 posts

Posted by Johnzhang > 2021-10-13 14:49 | Report Abuse

Look beyond Bstead , the value is in its subsidiary Bplant. Bplant shall be the savior.

Posted by Jonathan Keung > 2021-10-13 20:56 | Report Abuse

Bstead not at their year high .the Q why KWAP keep disposing ??? Unless the fund managers are acting under instruction.left hand sells right and middle buys

wonnksa

179 posts

Posted by wonnksa > 2021-10-14 11:01 | Report Abuse

Thanks very much on yr comments.

fairyz

302 posts

Posted by fairyz > 2021-10-14 21:46 | Report Abuse

Non-stop disposal lol, what's up?

13 Oct 2021 Disposed
666,900 KUMPULAN WANG PERSARAAN (DIPERBADANKAN)
12 Oct 2021 Disposed
520,600 KUMPULAN WANG PERSARAAN (DIPERBADANKAN)
11 Oct 2021 Disposed
2,000,000 KUMPULAN WANG PERSARAAN (DIPERBADANKAN)
05 Oct 2021 Disposed
1,000,000 KUMPULAN WANG PERSARAAN (DIPERBADANKAN)
04 Oct 2021 Disposed
1,000,000 KUMPULAN WANG PERSARAAN (DIPERBADANKAN)
01 Oct 2021 Disposed
1,000,000 KUMPULAN WANG PERSARAAN (DIPERBADANKAN)

Gerrardo

630 posts

Posted by Gerrardo > 2021-10-14 21:47 | Report Abuse

EPF always dispose after gain little profit.

Posted by fairyz > Oct 14, 2021 9:46 PM | Report Abuse

Non-stop disposal lol, what's up?

13 Oct 2021 Disposed
666,900 KUMPULAN WANG PERSARAAN (DIPERBADANKAN)
12 Oct 2021 Disposed
520,600 KUMPULAN WANG PERSARAAN (DIPERBADANKAN)
11 Oct 2021 Disposed
2,000,000 KUMPULAN WANG PERSARAAN (DIPERBADANKAN)
05 Oct 2021 Disposed
1,000,000 KUMPULAN WANG PERSARAAN (DIPERBADANKAN)
04 Oct 2021 Disposed
1,000,000 KUMPULAN WANG PERSARAAN (DIPERBADANKAN)
01 Oct 2021 Disposed
1,000,000 KUMPULAN WANG PERSARAAN (DIPERBADANKAN)

mfbs

1,229 posts

Posted by mfbs > 2021-10-15 22:21 | Report Abuse

Not KWSP. This KWAP action

Posted by BigPortfolio > 2021-10-17 01:15 | Report Abuse

Just take MSM as an example u will know what to do. Bstead has many valuable assets and the new management is in the midst of unlocking the value. anything below 0.6 just buy and keep. Need patience ya. if want fast fast then go invest tech counters ya

targetinvest

2,605 posts

Posted by targetinvest > 2021-10-18 11:43 | Report Abuse

New venture will be very profitable... algae biofuel.. sendiri produce, then BHP petrol station sell.

targetinvest

2,605 posts

Posted by targetinvest > 2021-10-18 11:43 | Report Abuse

Not for short term. long term aiming 2 to 3 years

targetinvest

2,605 posts

Posted by targetinvest > 2021-10-18 15:19 | Report Abuse

below 60 years close eye hamtam

targetinvest

2,605 posts

Posted by targetinvest > 2021-10-18 15:19 | Report Abuse

beli simpan tunggu

Posted by BigPortfolio > 2021-10-19 00:52 | Report Abuse

this counter is a must have in your portfolio with anything below 60cents

fairyz

302 posts

Posted by fairyz > 2021-10-19 01:11 | Report Abuse

From TA seems Bplant already above ma7

'Mother' counter is yet to move upwards....


Let's see if can reach 6xx range once again

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