Hope that this time, the deal go through after all the price aldy lower than last time offered to IOI. The priced is reasonable now. Appollo can buy masidi lah cos he aldy hentam kuat2 tis time.
ok. so i see you are talking about the earnings of the unit. 750millon asset gives 2 million profit, so what's the big deal about it? We are now talking about the land value. You want to question what 750millon asset gives 2 million profit, I suggest you look at IWCITY. You will be humbled after looking at IWCITY but IWCITY stock price is due to its land value NOT its income.
I'm ok. I just bought little bit only. Very little. I'll hold on. If the deal go through, I'll sail together with it. If it fail, whatever is left, i use it to buy 4D. Maybe I may get a special inspiration number, ha ha.
today I buy 3948 butaland number eat grass, 100 big 100 small on da ma cai and magnum. wanna kena 730k also cannot,how to buy Maserati like that......hahaha
By statistic it is proven that gambling is a sure way to lose money.
There are 36 numbers. You bet one dollar on one number. If strike the payout is only 30 dollars.
The house stands to gain 6 dollars if you bet on all 36.
So on the first round you lose 6 dollar.
Repeating this process you will continue to lose and lose. SO THE LONGER TIME YOU GAMBLE THE SURER YOUR ARE TO GO BROKE.
I WAS ONCE A GAMBLING ADDICT. AND LIFE WAS MISERABLE. UNTIL JESUS SAVED ME. I HAD STOPPED GAMBLING SINCE THEN. MORE THAN 40 HAPPY AND FREEDOM YEARS ALREADY.
THE GAMBLING HABIT IS WORST THAN THE SMOKING OR DRINKING ADDICTION
Posted by apolloang > Aug 27, 2017 10:45 AM | Report Abuse datuk calvin u dunno how to gamble lah, 37 numbers in roulette pays 36 dollars....anyway buying stocks is not gambling?
dutland dunno how to manage oil palm,with bplant takeover the land they can make profit of 20-30mil in future,so no corruption.the only corrupt in the making is no suspension of the stocks of dutaland and bplant until the news is announce
It seem the exercise is Reverse take over by Boustead on Dutaland. Let's look at the land value, says 200,000/ha. Total land area =11,579.31 ha Total land value=2.2b. Let's look at the share of Dataland. Share issued = 846.12M Closing price on 25/8/17=0.60 Total value of Dutaland = 507.6M Conclusion The land value is 4 times the market capital of Dutaland.Therefore, I foresee that there is a reverse take over exercise and it is worth while to ride the wagan,and make some money, for short /medium term.
meow, you bought a lot? until you need to come up with such stupid and ridiculous figure of 200k/ hectare? so now 750m suddenly become 2.2 billion? and try to make some sense by showing some rubbish calculation? why? to dupe other newbies before the music stops? don't be such a jerk. you made your decision. so now, live with it. don't drag others into the pit that you're already in
it's like a privatization, example a company wanna make an mgo at 80cts and is trading at 60cts would u scare? now on dutaland,the deal of 750 mil now dutaland is trading at only 503mil,why so attract people to buy? maybe 70% chance the deal will be call off or further delay??
THE 11579 HA LOOK CHEAP, BUT I THINK 3000 HA ONLY GOOD FOR CULTIVATION. THE REST , A LOT OF SMALL MOUNTAINS NOT SUITABLE FOR OIL PALM. PREVIOUSLY IOI CANCEL D DEAL, REMEMBER !!!!!! MOUNTAIN??????
LATER BOUSTEAD MAY CANCEL THE DEAL ALSO... THEN D SHARE WILL BACK TO 0.45
apolloang, it's true that the hilly terrain has rendered much of the land not suitable or oil palm cultivation. Also there's a big lake deep inside believed to be inhabited by a creature. Hahaha.
BREAKING NEWS!! bplant conducted geological study and found the small hills to contain black gold!!! that's why now is 2.2 billion, not 750 million!! it's near to brunei, mind you :) DISCLAIMER: this news only target those who think it's worth 2.2 billion, other sound minded ppl can regard as hoax..
I work in listed company before. When a company want to buy a land, the procurement team will have study a lot of information, such as land size, title, location, soil, flat land or hill land, any lake or river...etc. Then they will contact the local valuer and property agent to get many details of land. Then contact their business partner or any reliable party that familiar with that area to understand more about the land and any issue facing there. Then some will event use helipcopter to visit the site.
Once all these work done, then only will arrange real estate agent to contact the landlord, negotiating price...ding dong ding dong few month, then only come to stage to put a deposit, and prepare the S&P.
Since Bstead Plant already place deposit, that mean actually 99% of the work has been done. Now the 1% pending is just to document down everything in a proper documents, make sure everything black & white, so that it fulfil their SOP.
Posted by Albukhary > Aug 28, 2017 04:35 PM | Report Abuse
I work in listed company before. When a company want to buy a land, the procurement team will have study a lot of information, such as land size, title, location, soil, flat land or hill land, any lake or river...etc. Then they will contact the local valuer and property agent to get many details of land. Then contact their business partner or any reliable party that familiar with that area to understand more about the land and any issue facing there. Then some will event use helipcopter to visit the site.
Once all these work done, then only will arrange real estate agent to contact the landlord, negotiating price...ding dong ding dong few month, then only come to stage to put a deposit, and prepare the S&P.
Since Bstead Plant already place deposit, that mean actually 99% of the work has been done. Now the 1% pending is just to document down everything in a proper documents, make sure everything black & white, so that it fulfil their SOP.
Good post Albukhary,
I have bought many properties. Only after inspecting and checking up on them very carefully. So BPlant people being good business people know what they are doing. Rm750 millions is a huge sum.
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....
Sharewitch
167 posts
Posted by Sharewitch > 2017-08-26 15:31 | Report Abuse
Looking at the report, the deal might not materialize..dangerous