Posted by Parksonguy > 2021-06-02 23:12 | Report Abuse

Buy genting. Palm oil company too crowded in klse liao, very less profit to earn. But gemn(genting) are only one casino listed at klse.

Posted by Albukhary > 2021-06-03 00:43 | Report Abuse

感觉市场开始慢慢回来了。
希望这一两个月大家持有的股票慢慢涨上来。
只要你觉的这是个好公司，就继续持有吧。
套句冷眼的名句：-
有成长，不要卖。
成长长，长持有。
加油。

Posted by thor85 > 2021-06-03 08:16 | Report Abuse

Parksonguy genting is sure continue making huge loss during covid time. Dump genting buy bplant

Posted by Jjkcl > 2021-06-03 08:20 | Report Abuse

Crude palm oil prices steady forward

Posted by Bgt 9963 > 2021-06-03 08:36 |

Post removed.Why?

Posted by CCWONG > 2021-06-03 13:06 | Report Abuse

Hurry, Bplant is an investment you will benefit.

Posted by calvintaneng > 2021-06-03 13:07 | Report Abuse

YES!

BPLANT WITH OVER 200,000 ACRES OF PALM OIL IS GOOD!!!

Posted by Asia88 > 2021-06-03 14:34 | Report Abuse

You can have land but you need to have the expertise to develop it to gold.

Posted by warchest > 2021-06-05 16:43 | Report Abuse

My new article on Boustead Holdings Bhd. Hope it could add value to all the i3 members. Stay safe Guys

https://klse.i3investor.com/blogs/TimelessInvestment/2021-06-05-story-h1566073244-Boustead_Holdings_Bhd_BHB_A_Turnaround_Story.jsp

Posted by Jonathan Keung > 2021-06-07 08:25 | Report Abuse

Warchest : totally agreed with the figs. May I add Bplant prai estate is a very valuable tract of land fronting the NS Highway. great potential & loads of suitor from northern property players

Posted by RAYDALIO_MALAYSIA > 2021-06-07 18:42 | Report Abuse

Calvintaneng
Can you sharing your analysis on Boustead Plantation Berhad?

Tq bro

Posted by calvintaneng > 2021-06-07 19:00 | Report Abuse

Posted by RAYDALIO_MALAYSIA > Jun 7, 2021 6:42 PM | Report Abuse

Calvintaneng
Can you sharing your analysis on Boustead Plantation Berhad?

Tq bro

Yes

I will start posting one by one later on all Plantations

Thank you

Posted by Johnzhang > 2021-06-07 19:25 | Report Abuse

The very good news is this company resumes paying dividend for 3 qtrs consecutively when it made money . The dividend amount were small because the profit for the last 3 qtrs were small too. Once profit improve going forward from higher production and higher ASP , higher dividend will follow too. The windfall dividend will also come when the company monetize some of the highly valuable landbank.

Posted by Mikecyc > 2021-06-08 00:26 | Report Abuse

Referred to FY21 (Q1) ended March :

a) Financial assets

Trade and other receivables 72,191,000

Cash and bank balances 32,928,000


total = 105,119,000

b) Financial liabilities

Loans and borrowings 1,214,826,000

Trade and other payables 106,001,000

Lease liabilities —

total = 1,320,827,000


a) - b ) = (1,215,708,000 )

Posted by Mikecyc > 2021-06-08 00:36 | Report Abuse

# Boustead Plantations

75,000 hectare x 2.471 = 185,325 acres

FY14 to FY19 average revenue =3961.7/6 = 660.28 million

> 1 acre generate RM 3,562.82

# MHC :

Plantations = 33,000 acres


FY14 to FY19 average revenue =2001.4/6 = 333.57 million

> 1 acre generate RM 10,108.18

Posted by Mikecyc > 2021-06-08 00:37 | Report Abuse

Planted Area ( Hectares )

Past Prime 32,952

Prime Mature 21,672

Young Mature 12,223

Immature 6,647


Total = 73,494

Old trees over 20 years age = 45 %

Posted by Mikecyc > 2021-06-08 06:49 |

Post removed.Why?

Posted by Mikecyc > 2021-06-08 06:51 | Report Abuse

New trees can be start harvesting starting from 4th year ..

Posted by Mikecyc > 2021-06-08 06:52 | Report Abuse

Bplant FFB

Apr2020 = 82849
May2020 = 86223
June2020 = 101309

July2020 = 89117
Aug2020 = 89318
Sept2020 = 95188

Oct2020 = 93334
Nov2020 = 81,866
Dec2020 = 72,491

Jan2021 = 60,574
Feb2021 = 55,196
March21 = 64,394

Apr2021 = 70,373
May2021 =
Jun2021 =

Posted by Mikecyc > 2021-06-08 06:53 | Report Abuse

EPS DPS NTA Revenue P/L Quarter Q Date Financial Year Announced Net% Report
0.55 0.300 1.1600 171.94m 12.23m 1 2021-03-31 31 Dec, 2021 2021-05-25 228% View
1.23 0.500 1.1500 227.62m 27.46m 4 2020-12-31 31 Dec, 2020 2021-03-24 115.9% View
0.80 0.500 1.1500 205.68m 17.97m 3 2020-09-30 31 Dec, 2020 2020-11-23 152.4% View
0.32 0.000 1.1400 167.06m 7.08m 2 2020-06-30 31 Dec, 2020 2020-08-25 91.1% View
-0.43 0.000 1.1400 162.69m -9.55m 1 2020-03-31 31 Dec, 2020 2020-06-02 41% View
-7.71 0.000 1.1400 179.10m -172.73m 4 2019-12-31 31 Dec, 2019 2020-02-25 1238.5

Posted by Mikecyc > 2021-06-08 06:59 | Report Abuse

75,000 hectare x 2.471 = 185,325 acres

> 18,419 ha of freehold land in West Malaysia .

>> Its valuable freehold estates represented about 19% of Boustead Plantations’ total land bank in the country.

>>> 18,419 ha x 0.19 = 3499.61 ha

Posted by Mikecyc > 2021-06-08 07:00 | Report Abuse

Floating this idea in a report, the brokerage said a potential privatisation could be self-funded by disposing some small parcels of land owned by Boustead Plantations.

Posted by Mikecyc > 2021-06-08 07:01 | Report Abuse

>> It pointed out that since listing in 2014, Boustead Plantations has sold 2,164 hectare of land, raised RM1bil in gross proceeds, and recognised total disposal gains of RM900mil. It has also paid out RM1bil in total dividends since listing.

Posted by Yippy68 > 2021-06-08 07:02 | Report Abuse

we should plant something like durian, the older the tree, give you more durian. and do not require replanting. a durian tree can bear fruit for even > 50 years.

Posted by Mikecyc > 2021-06-08 07:09 |

Post removed.Why?

Posted by Mikecyc > 2021-06-08 07:21 |

Post removed.Why?

Posted by Sslee > 2021-06-08 08:32 | Report Abuse

Morning Mike,
Zelan Balance sheet:
Total Equity: RM 87.7 million.
Current liabilities: RM 263.8 million
Non current liabilities: RM 495.98 million

Know what is debt/equity ratio?

Posted by Bgt 9963 > 2021-06-08 08:47 |

Post removed.Why?

Posted by Mikecyc > 2021-06-08 08:51 |

Post removed.Why?

Posted by Mikecyc > 2021-06-08 11:22 |

Post removed.Why?

Posted by WDCQ_I_am_legend > 2021-06-09 10:45 | Report Abuse

Boustead Plantation (BP) is a safer and best bet at Plantation segment

Why?

1)CPO trading in the range of RM4000 to RM4500 per tonne (at one time, reached RM4800 per tonne which is all time high in Malaysia history)

2)CPO price will continue the commodity super bull run and expected to break RM5000 per tonne by this year

3)Soybean price trading at huge premium compare with CPO, this catch up play will take place and CPO chances to break through RM5000 per tonne is very high possible

4)BP NTA at RM1.15 per share

5)At inflation economy environment, like what Warren Buffet and Charlie Munger always said,
Buy farmland instead of Gold or Silver coz farmland@plantation estates is producing palm oil (fruit) and sometimes the plantation estates appreciate in value in term of per acre land

6)BP estates all located in Malaysia having advantage of compare with Indonesia estates which Indonesia government introduce additional tax

7)BP the only few plantation company which without any forward sales if compare with Sime Darby Plantation, IOI corporation, to name a few
Thus, BP enjoy better margin on higher spot price

8)Every increase of RM100 per tonne, BP profit margin will improve by 12%

9)BP 1st quarter result ended 31/03/2021 will be good compare with previous quarter and 2nd quarter result ended 30/06/2021 , will be great compare to this 1st quarter

10)Better dividend yield will be announced

11)Current CEO who appointed in Dec,2019 is very knowledgeable, high integrity and down to earth , after his incharge, BP revenue and profit improve a lot and currently he is focusing to lower the production cost to below RM1700 per tonne compare to currently RM2000 per tonne

12)Potential take over target by rival

13)High potential on privatisation by major shareholder

My target price : RM1.35

My article just merely sharing the info and no buy call or sell call

Buy at your own risk

Posted by CCWONG > 2021-06-09 10:50 | Report Abuse

TQVM for your excellent analysis.

Posted by RAYDALIO_MALAYSIA > 2021-06-09 11:03 | Report Abuse

WDCQ, thanks for your input

Posted by RAYDALIO_MALAYSIA > 2021-06-09 11:04 | Report Abuse

Appreciate on sharing your knowledge to us

Posted by Parksonguy > 2021-06-09 15:15 | Report Abuse

Ceo support Algae Oil project. May we know what integrity he have on the Algae project? All human same earn much money he can. Ceo bankrupt also not his father company

Posted by Parksonguy > 2021-06-09 16:24 | Report Abuse

When the bplant ceo supported Algae Oil project. We already know the CEO have zero integrity already.

Posted by Mikecyc > 2021-06-09 19:37 |

Post removed.Why?

Posted by Mikecyc > 2021-06-09 19:42 |

Post removed.Why?

Posted by stockraider > 2021-06-09 19:46 | Report Abuse

Best Corp Governance Mah...!

Good to rotate & renew the directors mah!

Posted by Mikecyc > Jun 9, 2021 7:42 PM | Report Abuse

Haha is this one of the reason why Boustead sent 3 Directors into Bplant BOD ...serious loh , 3 new Directors ... hope not like Navy ship Lost track of RM 6 billion issue ... will pop up again if change of Gov ...

Posted by Mikecyc > 2021-06-09 21:37 |

Post removed.Why?

Posted by Mikecyc > 2021-06-09 21:38 |

Post removed.Why?

Posted by Mikecyc > 2021-06-09 21:40 | Report Abuse

Leno whom is posting so proudly one day in PA is Missing in Action ard 2 months ago ...member since 2013 ...

Posted by Mikecyc > 2021-06-09 21:41 |

Post removed.Why?

Posted by WDCQ_I_am_legend > 2021-06-09 23:12 | Report Abuse

My thought ,

KLK take over IJM plantation(IJMP) at RM3.10 which value IJMP at RM2.7bil
IJMP land bank at 70k hectares
Location : Sandakan,Sabah, Kalimantan and Sumatra, Indonesia

Let’s take a look at Boustead Plantation(BP)
BP market capitalisation at RM1.3bil ONLY
Land bank at 98k hectares
Location : Peninsular, Sabah& Sarawak
BP land bank value is more strategic and valuable compare with IJMP

Super duper undervalue , the most undervalue plantation stock in Bursa, SHOUTING BUY!

Above just merely by personal opinion , no buy call and no sell call

Thank you

Posted by WDCQ_I_am_legend > 2021-06-09 23:17 | Report Abuse

BP highly potential being privatise by major shareholder or being take over target by it peers

Posted by RAYDALIO_MALAYSIA > 2021-06-10 08:59 | Report Abuse

WDCQ, good view ....thanks for sharing

Posted by speakup > 2021-06-10 17:33 | Report Abuse

speakup is back in BPLANT!

Posted by speakup > 2021-06-10 17:34 | Report Abuse

speakup was a shareholder in BPLANT from 2014 to 2017! used to collect dividend every quarter.
now speakup back!

Posted by Johnzhang > 2021-06-10 19:28 | Report Abuse

Speakup , welcome here .

Posted by CCWONG > 2021-06-10 19:50 | Report Abuse

Welcome back with excellent updates & analysis on Bplant's future.