Posted by Mikecyc > 2021-06-15 02:58 |

Post removed.Why?

Posted by Mikecyc > 2021-06-15 02:59 | Report Abuse

approximately 25 years
It is only at year seven that the tree reaches peak production, where its output remains until its 18th year, after which it begins its decline. The typical commercial lifespan of an oil palm tree is approximately 25 years. Fully mature oil palms produce 18 to 30 metric tons of fresh fruit bunches (FFB) per hectare.

Posted by Mikecyc > 2021-06-15 03:00 | 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 > 2021-06-15 03:02 | 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 > 2021-06-15 03:02 | 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 Mikecyc > 2021-06-15 03:04 |

Post removed.Why?

Posted by Mikecyc > 2021-06-15 03:07 |

Post removed.Why?

Posted by i3investorforum > 2021-06-15 08:32 | Report Abuse

It is sitting on debt management to survive. Selling plantation land becomes the business policy and it distracts from the real oil palm business. Haa..ha. Got future kah?

Posted by lovreblue > 2021-06-15 09:35 | Report Abuse

@Asia88 Yes, I will join AGM by this Thursday too. Myside also ready some question to their mgmt, hope other investor can ask more question too, then we will know more detail in Bplant info

Posted by Mikecyc > 2021-06-15 10:35 |

Post removed.Why?

Posted by Mikecyc > 2021-06-15 16:30 | Report Abuse

Date Settlement Price RM
14 Jun 21 3375
11 Jun 21 3663
10 Jun 21 3844
9 Jun 21 3871
8 Jun 21 4049
4 Jun 21 4129
3 Jun 21 4158

Posted by Yippy68 > 2021-06-15 16:32 | Report Abuse

@asia88, do help to attend and get satisfy answer.. I am too busy in business and to overcome problem by MCO, no time to attend.

Posted by Asia88 > 2021-06-15 17:27 | Report Abuse

Do not expect to have satisfy answer during this AGM. I heard so many boss just pick question that they want to listen and hard one just say will reply through company website.

Posted by Johnzhang > 2021-06-15 17:51 | Report Abuse

Many are not happy about the production, management quality and rate of return of Bplant. I also think all the parameters are below par comparing to the well run plantation companies eg ijmplant .
We must also be realistic that if Bplant is on par with ijmplant, it’s share price would be $3.10 , not $0.58 today . So, why should some people be so bitter about the performance of Bplant vis - a vis it's share price ?
Base on the NA per share of Bplant of about $1.20 ( and RNAV easily exceed $2.50), today's price of $0.58 is ridiculously low!.
I think the new group CEO and the plantantion team are not that hopeless.
It is just a matter of time the value of this share will emerge. I think we don't have to wait too long .

Posted by Asia88 > 2021-06-15 17:56 | Report Abuse

Thats why many ppl above simply comment than Bplant should be privatize. Why another company want to buy a company when they are not producing well. Unless they just want to buy the company and sell away the land?

Posted by Johnzhang > 2021-06-15 18:09 | Report Abuse

@Asia,. There is a price for everything. People will buy if the price is right irrespective of the condition of the asset. To restore a below par plantation is not a rocket science and can be done within 1-2 years. If you are shareholders of Swkplant and follow.their recent 3-4 years development you will understand it. Once TaAnn took over the Management a few years ago , Swkplant show increasing yield right from 2nd year for the last few years consecutively.

Posted by CCWONG > 2021-06-15 20:35 | Report Abuse

Yes, give more space to Bplant and will show its true colors soon.

Posted by Asia88 > 2021-06-17 10:23 | Report Abuse

So many question raised this year.

Posted by lovreblue > 2021-06-17 13:37 | Report Abuse

@Asia88 how do u think after AGM?

Posted by Asia88 > 2021-06-17 17:39 | Report Abuse

I am not happy with some of their reply but most of the answer i am ok with it.

I think there is some disagreement between the mgmt and auditor which lead to the change of audit partner and even the resignation of audit committee chairman.

But in term of operation wise, i think the FFB harvested will still be on decreasing trend due to labor shortage. Won't have exponential growth in profit but maybe constant profit in the future if the CPO price is maintain above 3k.

For me, i will consider the CPO price trend to evaluate whether to continue with Bplant or leave it.

@lovreblue : What do you think?

Posted by Hew Kiong Peng George > 2021-06-18 00:12 | Report Abuse

Soy bean slump, cpo gonna below 3k soon

Posted by Parksonguy > 2021-06-18 09:20 | Report Abuse

Died lo. Only profit if cpo above 3k. Why dont reduce cost by cut management salary/allowance half?

Posted by Parksonguy > 2021-06-18 09:21 | Report Abuse

When cpo price below 3k cut ceo salary half. If cpo below 2k cut ceo allowance to zero.

Posted by lovreblue > 2021-06-18 11:29 | Report Abuse

@Asia88 Like what you say, I also unhappy some question their reply, like answer without confident or not direct to the point

For me:
Pros
1. 88% of the Past prime still can produce FFB, only 6% of the total prime over 25Year
2. Bplant can receive 32million gst refund by this year
3. FCPO price keep higher until end of next year, so bplant still can enjoy this higher cpo trend

Cons
1. Although CPO keep in higher price, but lack of man power can coz company unable to get more FFB to earn more profit
2. Company land bank good, but mgmt seen like non aggressive to convert this recourses to higher return and seen they dont have any plan or solution to overcome existing problem facing
3. Transformation programme still under 1st phase mid stage after 18months, which more than what their mgmt mentioned in AR 2019. Only 2nd phase can creating sustainable value to investor, means that mayb we still need to wait around one year+ can enjoy the better return

In myside conclusion, this counter is for investor who can hold more than a year without huge return. So I high possibility will leave it temporarily

I think main reason is Im not confident in their mgmt after AGM, especially the way they answer the serbadk case which ask by other investor. If their chairman say no or wont happen, then I will continue with Bplant. Although the annual report in receivable part and ratio seen everything is ok, but like what yr mention in auditor part disagreement, and suddenly resignation happen before AGM, so I have certain reservation in their mgmt

Posted by Asia88 > 2021-06-18 11:40 | Report Abuse

Haha, i realised Chairman shocked when one shareholder ask what values can he bring to the company as Chairman of company.

Posted by Mikecyc > 2021-06-18 13:08 | Report Abuse

Date Settlement Price RM
17 Jun 21 3377
16 Jun 21 3404
15 Jun 21 3580
14 Jun 21 3375
11 Jun 21 3663
10 Jun 21 3844
9 Jun 21 3871
8 Jun 21 4049
4 Jun 21 4129
3 Jun 21 4158

Posted by lovreblue > 2021-06-18 13:38 | Report Abuse

@Asia88 ya, n he also ignore some question related to him, like ady visit how many palm oil estate. Some simple question also pass to another mgmt answer, seen like don know anything. Like puppet chairman. Haiz...

Posted by Asia88 > 2021-06-18 16:41 | Report Abuse

Well. If u research his background, you will know the reason of it.

Posted by Ayambrand > 2021-06-18 17:10 | Report Abuse

can pull the plug already

Posted by Bgt 9963 > 2021-06-18 17:16 |

Post removed.Why?

Posted by Plantermen > 2021-06-18 17:24 | Report Abuse

Looking at today scenario {KLK taking over IJM plant} there is a likelihood LTAT make a move on BPlant and not Boustead holdings. Much straight forward {BPlant} compared to parent Boustead holdings

Posted by Yippy68 > 2021-06-18 18:24 | Report Abuse

tired and sick of bplant.

Posted by Asia88 > 2021-06-18 23:50 | Report Abuse

https://www.facebook.com/GM.Info.Station/photos/pcb.3017983515194052/3017982958527441

Which one is u > lovereblue , yippy68, parksonguy?

Posted by stockraider > 2021-06-19 11:12 | Report Abuse

BUYLAH POTENTIAL PRIVATIZATION

Posted by Lstoretech6 > 2021-06-19 13:21 | Report Abuse

Boustead Plantations Bhd reported a net profit of RM27.46 million for the fourth quarter ended Dec 31, 2020, compared with a net loss of RM172.73 million a year earlier, on higher palm product prices.

Earnings per share was 1.23 sen, versus a loss per share of 7.71 sen previously, the group’s bourse filing showed.

The higher palm product prices also lifted quarterly revenue by 27.09% to RM227.63 million, from RM179.1 million a year ago.

Posted by brianklc > 2021-06-20 15:13 | Report Abuse

Asia88, I think Parkinson did not attend the AGM coz no question on algae oil being raised.

Posted by brianklc > 2021-06-20 15:14 | Report Abuse

Not to forget IMPARE(ir)MENT…

Posted by Mikecyc > 2021-06-21 07:34 | Report Abuse

2021年06月21日
大马棕油期货合约本周预计将出现套利潮，而导致价格下跌。

Interband集团高级棕油交易员郑锦（译音）指出，由于其他国家的需求低，而大马和印尼的库存仍然很高。

“未来几个月没有什么重大节日，我们预计交易将出现下跌趋势以及需求放缓，这将导致棕油价格下跌。”

“因此，期货合约很可能交易在每吨3100到3200令吉之间。”

在上周，市场普遍收低，主要是跟随美国芝加哥期货交易所（CBOT）和大连商品交易所大豆油的疲软走势。

按周来看，7月棕油期货走跌165令吉，至每吨3549令吉，8月则报每吨3441令吉，按周少222令吉。

同时，9月和10月期货分别跌248令吉和246令吉，至每吨3377与3347令吉。

另外，上周成交量从前周的30万823宗，扩大至48万4666宗；未平仓合约则从25万420张增加至27万605张。

现货市场方面，7月南方期货价上涨80令吉，至每吨3700令吉。

Posted by Asia88 > 2021-06-21 10:30 | Report Abuse

brianklc Not to forget IMPARE(ir)MENT… << impairment can reverse one day if they are performing well.

Posted by Jonathan Keung > 2021-06-23 11:12 | Report Abuse

Boustead shooting up

Posted by CCWONG > 2021-06-23 11:13 | Report Abuse

Bplant will also follow up eventually.

Posted by BULLBULL_BULL > 2021-06-23 11:23 | Report Abuse

Rumours BtdPlan to be privatised by parent company at RM0.82

If turn to be true , this is unfair to BtdPlan shareholder , too low and I'm also one of the BtdPlan who bought above RM1 , SAD & UNFAIR

Posted by RAYDALIO_MALAYSIA > 2021-06-23 11:27 | Report Abuse

Definitely I will vote against this privatisation coz too low the offer and some more my entry price at 0.88

Posted by CCWONG > 2021-06-23 11:28 | Report Abuse

Yes, even at RM1.00 is debatable.

Posted by RAYDALIO_MALAYSIA > 2021-06-23 11:29 | Report Abuse

This week The Edge magazine did highlight the potential privatisation or M&A on Boustead Plant

Posted by RAYDALIO_MALAYSIA > 2021-06-23 11:30 | Report Abuse

The Edge always predict rightly for their past record such as IJM, IJM plant , MMC and etc

Posted by MuttsInvestor > 2021-06-23 11:30 | Report Abuse

NTA = Rm1.11 ( March 2021 )....But majority of their LAND Assets have NOT been " Re-Valued " to current market Prices. So ........ ?????? Most of their Land Assets are in Peninsular !!

Posted by CCWONG > 2021-06-23 11:33 | Report Abuse

Bplant's revaluation of all assets >RM3.00, I think.

Posted by brianklc > 2021-06-23 11:41 | Report Abuse

The edge was WRONG on bstead privatisation!

Posted by brianklc > 2021-06-23 11:43 | Report Abuse

Just take wht edge write as reading material, it’s not a bible..