the important cards r in the hands of the banker, players r only having limited info.
bplant may choose to walk away like ioi or if it goes thru with the deal and finds something serious down the road, it will be on the heads of bplant board. bplant's lodin, being a cautious man, will not allows such a misstep to taint his records.
so, i m taking a 50/50 view on this deal.
anyway, we will look at mkt reaction tom and have a clearer picture. one day is too short to make a call.
tell bplant directors to buy dutaland now then approve the deal,after dutaland up to 1.00 they be making more than 100 mil and the land is cheaper by 100 million cos make from dutaland price rise.....hahaha
If BPlant not successful in buying Dutaland plantation at least it open up chances for other CPO counters some chance. Now people know BPlant has RM 750 million to spend.
Hope dutaland move faster climb 1.00 before American market crash, if not no hope lo. American market is ready to sky not to Holland so American market will stayin sky at lease 1 years to re cover back ha ha
calvintaneng Posted by haba88 > Aug 23, 2017 11:21 PM | Report Abuse
"Calvin also called people to buy CBIP below Rm2.00, GSB at 10 sen & Mui Bhd at 17 sen now,"
Yeah, calvin also keep urging ppl to chase high. calvin mudah lupa? mui 0.28, gsb 0.14, cbip 2.1x. Delete your comments at these threads before you boast about how "noble" you are
haba you simply accuse. your attitude hab-is lah!
Calvin bought Mui Bhd at 18 sen. When Calvin issued buy call Mui Bhd dropped to 17.5 sen. It gone up t 28 sen after that.
HAHAHA now calvin starts to reveal his true colors. selective amnesia huh? only remember a couple of good calls, completely forget about your uncountable holland calls? don't behave like a ham gar chan. Follow the mui thread below when it was at 0.28. See how many times you urged ppl to chase high by saying TP 1.00 2.00.
whatever you say here to try pretending innocent can't change the facts that the charts of gsb, olympia mui clearly shows most of your recommendations are all pump and dump stocks. delete those trading history if you can. very likely duta will be next
I think Duta Yap will privatise the company after the land sold to BPLANT, because with RM750mil cash on hand, he can develop the Grand Duta Hyatt on his own.
This Grand Hyatt Duta will be the last hotel in Kuala Lumpur, and the estimated GDV will be around RM2bil.
You can refer to the revised building plan at below link:-
KUALA LUMPUR: Dutaland Bhd's sale of its 11,579ha oil palm estate in Sabah may finally give the embattled company the breathing space it needs to rejuvenate its operations, especially as it has land bank in Kuala Lumpur.
The sale of the estate for RM750mil to Boustead Plantations Bhd came as timely news to investors.
On Wednesday, Dutaland's share price rose to a 52-week high of 65 sen, which is a 53.7% gain year-to-date.
To recap, in the first quarter ended March 31, 2017, it posted net losses of RM3.69mil on the back of revenue of RM10.74mil.
In its financial year ended June 30, 2016, Dutaland posted revenue of RM37.8mil for FY2016, which was about 4.5% of its paid-up capital of RM846.12mil.
The lack of operations meant that Dutaland triggered the criteria of paragraph 8.03A(2) of the Main Market Listing Requirements as the group’s revenue was 5% or less of its paid-up capital based on its unaudited financial results for 2016.
On Aug 29, 2016, the group submitted a filing to Bursa Malaysia requesting a waiver from being classified as an affected listed issuer.
Dutaland was given a waiver as its plantations segment had been impacted by the El Nino phenomenon, which caused a decline in the production of fresh fruit bunches.
The stock exchange also apprised that Dutaland's property division was adversely affected by market conditions and the tightening of financing facilites by banks, leading to softer demand.
The company had also announced plans to improve the group's financial performance, including the launching of a new commercial project at the Oakland Commercial Center in Seremban, and the review of business plans for the Kenny Heights project in Sri Hartamas/Mont Kiara as well as the Duta Grand Hotel mixed-development in Kuala Lumpur.
At the time, the group had said that it planned to evaluate a proposal to construct a palm oil mill at its 11,978-hectare oil plam estates in Sandakan, Sabah.
At the time of this announcement, a deal for the sale of the aforementioned plantation land with IOI Corp Bhd had fallen through. The deal, which was worth RM830mil, was scrapped with IOI citing that Dutaland had not complied with certain terms and conditions.
The proposed land sale to Boustead Plantations's unit Rimba Nilai Sdn Bhd for RM750mil, is for a smaller tract of 11,579 hectares, albeit in the same location.
According to a statement issued by Boustead, the purchase presented an opportunity to expand its land bank to complement its existing operations in Sabah.
With the sale of the 11,579 hectare tract, Dutaland would have now disposed of almost the entirety of its plantation land holdings.
According to its 2016 annual report, the group also holds mixed-development land totaling 3.47 acres with a net book value of RM354.21mil all of which are in Kuala Lumpur.
It can now redirect its attention to its property development division, which recorded a loss of RM4.3mil in its first quarter ended March 31, 2017, owing to a lack of development activities.
At the time of writing, the stock is trading one sen or 1.6% lower at 61.5 sen on volume of 24.93 million shares.
Don't LET the DATA cheated you , never believe on the data source , all are not accurate and fashion show , write off method , purposes only once , BLOCK EYE , you are next serious CIRCLE BLOOD BLOCK VICTIM TRACE , too depend on the ridiculous artificial fake data .
I LOSE MANY THAN 30 time , starting from NEW BEE , all pattern play , can say like drink sauce and chili , too familiar , until expert , in the end , LOSE is guarantee , status in entrant door .
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....
apolloang
18,163 posts
Posted by apolloang > 2017-08-24 00:08 | Report Abuse
today 3 punters bought toto 5254 each kena 500k,,,,,likely must be bplant shareholders lah....hahaha