Posted by stockraider > 2021-09-11 09:57 | Report Abuse

Go for it

Good landbank for big development potential

Posted by Bgt 9963 > 2021-09-11 10:02 | Report Abuse

Buy..

Posted by MuttsInvestor > 2021-09-11 14:19 | Report Abuse

India cuts import taxes on vegetable oils to calm prices .... https://www.theedgemarkets.com/article/india-cuts-import-taxes-vegetable-oils-calm-prices ...... CPO Tax cut from 10% to 2.5%. benefit Malayisa more than Indonesia ( Indo has HIGH export duties on CPO) ??

Posted by MuttsInvestor > 2021-09-11 14:19 | Report Abuse

Food Inflation going to HIT many countries over then NEXT 3 to 9 months.

Posted by Buynsell888 > 2021-09-11 17:58 | Report Abuse

The question is whether Next Generation Oil (the lessee) can pay the lessor (Bplant) that rental amount as there is no assurance that this algae business is viable.

I hope i’m wrong…but if this algae business fails.. its very likely all 1,040 to 1,286ha of oil palm trees at the leased area would have been felled for this project and Bplant better make sure they can recover back all the losses from Next Gen Oil as this would so costly for them to replant back these area with new oil palm trees.

Posted by DickyMe > 2021-09-11 21:07 |

Post removed.Why?

Posted by stockraider > 2021-09-12 09:43 | Report Abuse

Steady buy loh!

Posted by Bgt 9963 > 2021-09-12 10:03 | Report Abuse

Very cheap..

Posted by Johnzhang > 2021-09-12 12:30 | Report Abuse

I doubt there is viable commercial venture in algae for biofuel. Why waste time and resources in something not proven viable ? I must say that Bplant's Management simply set the priority wrong! There are so much more to do to improve production effeciency as Bplant yield per ha and return per ha is one of the lowest in the industry.

Posted by brianklc > 2021-09-12 13:20 | Report Abuse

Guys, u guys have to read the announcement clearly. It’s a 30 yrs land lease agreement to the Algae oil company. Bplant by no means a party of this Algae oil venture. It’s only a landlord. Given labour insufficient to harvest all FFB, it’s a good arrangement to have fixed income to hedge against CPO price drop in future.

Posted by firerain > 2021-09-13 01:11 | Report Abuse

just buy,production is recovering now while cpo price remain above RM4000,expect higher profit and dividend in 2nd half 2021

Posted by firerain > 2021-09-13 01:12 | Report Abuse

more record breaking profit and dividend to come

Posted by firerain > 2021-09-13 01:13 | Report Abuse

current price i'll said quite safe to invest

Posted by Jonathan Keung > 2021-09-13 06:33 | Report Abuse

Algae oil cultivation ? very skeptical on this commercial application. Companies that venture into other non palm related fields eg. Coffee, stevia , rubber wood, cash crops all backfired and resulted in investment write offs. This sort of projects are all labour intensive and without the right business models all failed. Looks good on paper and theory.

Posted by Sslee > 2021-09-13 08:51 | Report Abuse

BOUSTEAD PLANTATIONS BERHAD ("BPB" OR "THE COMPANY")CONDITIONAL LAND LEASEAGREEMENT ENTERED BETWEEN BPB, CIMB ISLAMIC TRUSTEE BERHAD AND NEXT GENERATIONOIL SDN BHD ON THE PROPOSED LEASING BETWEEN 1,040 TO 1,286 ACRES OF LAND INTELOK SENGAT ESTATE.

SO FOR BPLANT TO JUST RENT RM1,210 AN ACRE WITHOUT NEED TO DO ANYTHING IS JUST SO VERY GOOD IF DEAL REALLY GOES THROUGH

No a big deal to rent out 1,040 TO 1,286 ACRES.
Note: 1 hectare is 2.471 acres

Posted by CCWONG > 2021-09-13 09:29 | Report Abuse

This is one form of monetization of Bplant's assets as explained before by Bplant's Management.

Posted by Bgt 9963 > 2021-09-13 09:30 | Report Abuse

Invest now...

Posted by brianklc > 2021-09-13 09:41 | Report Abuse

Jonathan, what for u care what purpose ur lessee is using the land for? As lessor, bplant job is to collect rental

Posted by Jonathan Keung > 2021-09-13 09:50 | Report Abuse

Conditional agreement between " next generationoil sdn bhd " and Boustead plantation .

Posted by Jonathan Keung > 2021-09-13 09:53 | Report Abuse

Just a minority shareholder holding 40k shares { nothing substantial }

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

U all know how to interpret the deal or not ??

The land deal give more than Rm 16m of rental income pa...if u take a yield of 5% pa net....that will mean the land is valued rm 300k per acre mah!

Their plantation land the best can fetched Rm 70k per acre mah! Also profit from plantation best can do is about Rm 3m pa mah!

They are short of workers & the palm trees are old & due for replanting mah! That means worker here can be redeployed to other more productive plantation mah!

Now this algaes cultivators came & offer to rent this land for 30 years & thus Bplant save another Rm 20m on replanting cost mah!

This is a very good deal mah!

Lu tau boh?

Posted by stockraider > 2021-09-13 10:18 | Report Abuse

Good buy.

Go for it

Posted by qinvestor > 2021-09-13 10:21 | Report Abuse

I think the concern is if Next Gen Oil can pay or not, but to me its 1,000 acres, I won't lose sleep over it...

Posted by stockraider > 2021-09-13 10:24 | Report Abuse

Cannot pay...just take back the land mah...very simple loh!

But i think this company use korean algae cultivation technology mah!

They will use the old tree palm trees waste as a feed stock to cultivate algaes loh!


Posted by qinvestor > Sep 13, 2021 10:21 AM | Report Abuse

I think the concern is if Next Gen Oil can pay or not, but to me its 1,000 acres, I won't lose sleep over it...

Posted by CCWONG > 2021-09-13 10:30 | Report Abuse

Moving forward the trend is in bio-fuel, save Mother Earth.

Location of the said land is near to Pasir Gudang Port & near to Singapore and all logistic costs, etc are strategic.

There will be bulk handling and so on and so all parties win as they would have looked into the new business model in all angles to see it is viable and feasible.

Posted by brianklc > 2021-09-13 11:35 | Report Abuse

Can pay or cannot pay is a separate story. The land size is not tht huge, but the rental income it’s going to contribute 10% to income, changes from variable income to fixed income.

Posted by stockraider > 2021-09-13 11:37 | Report Abuse

Very good deal mah!

Posted by brianklc > Sep 13, 2021 11:35 AM | Report Abuse

Can pay or cannot pay is a separate story. The land size is not tht huge, but the rental income it’s going to contribute 10% to income, changes from variable income to fixed income.

Posted by brianklc > 2021-09-13 11:42 | Report Abuse

Thts y I m saying it’s a good deal as it hedge against any risk of CPO price reductions… it’s locking part of bplant profit…

Posted by Johnzhang > 2021-09-13 12:20 | Report Abuse

I suspect Bplant will take a stake in the venture to be announced later. This intention has been announced by the group CEO months ago . Let's keep an eye on this 'negative' development.

Posted by stockraider > 2021-09-13 12:24 | Report Abuse

They will only take a stake only after seeing the venture is highly profitable.

Why should they participate during high risk start up time leh ??

They already has a stake, bcos the land the rent out will appreciate from rm 70k per acre to Rm 300k per acre, when the project kick start mah!

Posted by CCWONG > 2021-09-13 12:45 | Report Abuse

A lot of concerns is good.

A lot of worries is not good.

Even at its present moment & future, Bplant is riding on strong profitability.

Posted by Jonathan Keung > 2021-09-13 12:46 | Report Abuse

CEO was very enthusiastic to promote this project

Posted by Johnzhang > 2021-09-13 13:13 | Report Abuse

No need to be enthusiastic investing in something new while the existing core business and assets are still poorly managed .

Posted by stockraider > 2021-09-13 13:44 | Report Abuse

The yield from renting the plantation land is 21% pa basing on their book value cost of Rm 70k pa....this return is even higher than most IPP return loh!

In addition Bplant unlike IPP , do not even need to spend anything on capex loh!

The income & profit generated here is so powerful, that it is equivalent or more superior compare to a mini IPP loh!

Posted by Bgt 9963 > 2021-09-13 13:53 | Report Abuse

Down more accumulate....

Posted by stockraider > 2021-09-13 14:08 | Report Abuse

Yes just buy more

Posted by Letsfly > 2021-09-13 14:10 | Report Abuse

just hold on and wait for their wonderful performance lahhhh

Posted by Johnzhang > 2021-09-14 19:17 | Report Abuse

Stock prices mostly Red but CPO price in Green.

Posted by MuttsInvestor > 2021-09-15 12:34 | Report Abuse

TP by Maybank Securities at Rm0.81. https://www.theedgemarkets.com/content/morning-call-15921

Posted by stockraider > 2021-09-15 12:41 | Report Abuse

Good buy mah!

Posted by stockfreak > 2021-09-15 12:49 | Report Abuse

Good Bye!

Posted by Johnzhang > 2021-09-15 16:28 | Report Abuse

CPO Sept spot $4,700/-. Higher ASP plus higher 3rd qtr production and yet plantation stock price is down . I can’t understand the Malaysian stock market dynamics anymore.

Posted by stockfreak > 2021-09-15 16:28 | Report Abuse

Bcos got terrorists mah, also got windfall tax mah...

Posted by Jonathan Keung > 2021-09-16 10:01 | Report Abuse

disparity between the planters stock prices and the booming industry commodity prices very disturbing. This is not the first time nor the last time. CPO prices has continuous trending up for the past 18 months.yet their prices at best lethargic

Posted by stockraider > 2021-09-16 10:32 | Report Abuse

Just collect your dividend mah!

No need to complain mah!

Lower price can buy more when valuation is very attractive mah!


Posted by Jonathan Keung > Sep 16, 2021 10:01 AM | Report Abuse

disparity between the planters stock prices and the booming industry commodity prices very disturbing. This is not the first time nor the last time. CPO prices has continuous trending up for the past 18 months.yet their prices at best lethargic

Posted by brianklc > 2021-09-16 15:15 | Report Abuse

Actually wht is the issue for stagnant share price? With CPO price increase, profit/dividend yield will be higher. Patience is the key…

Posted by Yippy68 > 2021-09-17 07:17 | Report Abuse

eventually BPLANT will be a shinning star,

Posted by loyalok > 2021-09-17 15:41 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/09/17/steady-earnings-ahead-for-palm-planters

Posted by MuttsInvestor > 2021-09-19 21:04 | Report Abuse

Anyone NOTICE that we are already experiencing "La Lino" ....Heavy rains ??? When it is Suppose to be relatively Dry season ?? Do ...Think ahead till Dec.

Posted by brianklc > 2021-09-21 09:36 | Report Abuse

Who’s the donkey at sell queue?