Posted by MuttsInvestor > 2021-09-27 19:53 | Report Abuse

https://www.marketscreener.com/news/latest/Palm-prices-seen-firm-until-Feb-but-could-ease-from-March-analyst-Mistry--36515445/ ..... LoL .....What a few Months can do to Analysis projections !!!!

Posted by calvintaneng > 2021-09-27 20:06 | Report Abuse

Palm oil now to Feb 2022 will range between Rm4000 to Rm4400

(VERY EXCELLENT) From Feb 2022 to Sept 2022 will eased to Rm3200?

Still very good as sale price still double cost of cpo production at Rm1600

What kind of productions can give 100% profit like palm oil at Rm3200 & if More than that will be Extra Bonus

Just compare

Pharmaniaga got razor thin profit of 3% distributing vaccines

Most Reits now only give 4% to 5% dividend

Construction & property are stalling and showing mediocre profits

Steel prices high but danger of default, bad debt & non-payment rampant in Spore & China - later might affect Malaysia

Tech shares are in bubble zone with zero or tiny earnings

SO BPLANT IS GREAT AS IT IS A CASH CROP BUSINESS

Posted by Jonathan Keung > 2021-09-28 07:02 | Report Abuse

Agreed with your views but look at BP, RSawit , TDM, THplant. or SOP price { Y-o-Y } very disappointed

Posted by callme777 > 2021-09-28 11:22 | Report Abuse

Morning all sifus. I got a question. Why crude oil and steel price go up, the stock all move up. Why palm oil price up , palm oil stocks down ah?

Posted by brianklc > 2021-09-28 14:42 | Report Abuse

callme777, of late I noticed u have taken lots of consideration for RM3k investment. Share price involves market sentiment n players attention. Hence, sometimes share price does not correlates with fundamental. At this price, it allows investors to collect bplant at a high dividend yield price, which is good for long term… and if u lucky enough, it might have some surprise land sales/privatisation/M&A, but it’s best to look at fundamental n dividend yield for bplant.

Posted by brianklc > 2021-09-28 14:43 | Report Abuse

If u want quick money for 3k investment, bplant might not suitable for u

Posted by brianklc > 2021-09-28 14:57 | Report Abuse

Looking at your past comments, I think u know which counter to park ur 3k

Posted by shiby > 2021-09-28 16:02 | Report Abuse

I sold after ex.now slowly buying .no regret coz got discount buying back and some profit + dividend soon

Posted by callme777 > 2021-09-28 16:07 | Report Abuse

I don’t know where to park, so ask you all the sifus. I only have rm3000, maybe to some of you is peanuts. I don’t know, I humble myself and ask all sifus. Please tell me where to park my rm3k .

Posted by callme777 > 2021-09-28 16:10 | Report Abuse

My question is simple. Why is Bplant and the rest of the palm oil shares not moving when they company is making so much money. Is there something I don’t know? If you don’t know the answer, then better not comment because it doesn’t make you smarter or help poor ppl like me to make a decision. And don’t have to reply just to make yourself feel better by stepping on others. To me rm3000 is my life saving and I want to get it right and make a good decision, not here for you to insult and look down upon. Thank you

Posted by callme777 > 2021-09-28 16:18 | Report Abuse

Calvintaneng a d Asia88 are the only ones here who gives useful information and help ppl like me who have no experience in investing. Some of you here are just showing off and trying to feel great and all you know, maybe also have rm3000 like me to invest . ! Thank you calvintaneng and asia88. I bought 5k at 0.585

Posted by callme777 > 2021-09-28 16:27 | Report Abuse

Thank you Asia88. Appreciate all your knowledge imparted and shared here.

Posted by brianklc > 2021-09-28 16:37 | Report Abuse

Callme777, I believed tht u r a sifu by reading all your past posts… how u react against those that does not agree with u and even got your posts deleted by admin

Posted by brianklc > 2021-09-28 17:28 | Report Abuse

Tht is wht I am tying to point out… instead of asking for pointers, he/she shld be giving pointers…

Posted by brianklc > 2021-09-28 19:31 | Report Abuse

Stock: [CLIQ]: CLIQ ENERGY BHD
Mar 24, 2014 9:18 AM | Report Abuse

Pls read the SC guidelines b4 being an expert here la. The SC guideline on investment in SPAC comes with an example. Or simply call CLIQ or SONA and ask their investor relationship person to explain to u. It amazes me how u guys can invest without doing any homework ...

Posted by brianklc > 2021-09-28 19:33 | Report Abuse

Among so many posts by callme777, the above stands out… he is actually sc guidelines specialist too…

Posted by brianklc > 2021-09-28 19:36 | Report Abuse

Can smell his sinister intentions whn he start to ask “questions” here…

Posted by Learner One > 2021-09-28 19:39 | Report Abuse

So desperate for money until sell valuable land in Johor.

Posted by Learner One > 2021-09-28 19:44 | Report Abuse

Like Naim sell land but price dip lower than the div they gave.

Posted by calvintaneng > 2021-09-28 20:00 | Report Abuse

Very haapy even to all very fortunate holders of Bplant

Latest sale of lands in Kulai is to Ytl people

Ytl people Very Smart as they are doing the Double Tracking Electrified Rail line from Gemas to Kempas in Johor

They MUST HAVE SEEN THE VALUABLE LANDS

Now they offer to buy these lands for Rm428.82 Millions

Sale will go through as YTL people are conservative and cash rich

Now at book value of only Rm62.1 Millions it is 6.9 X (times) more than Book Value or 690% more

BPlant Book value now over One Ringgit should be Rm7.00

But since not all Palm oil lands are in Peninsula we give it a 50% discount

So Rm3.50 intrinsic value for Bpant is fair

This sale will pare down gearing by 14.42 sen and this will also be reported as profit in the qtr result after sale is competed....book value will go up by 14.42 sen

And from sale of more CASH CROP AT SUCH HIGH CPO PRICES BPLANT EXPECTED TO GIVE OUT HIGH & CONSISTENT DIVIDEND LIKE THOSE VERY GOOD YEARS

GOOD TIME IS RETURNING

See Bplant Dividend history

25-Aug-2021 09-Sep-2021 DIVIDEND Second Interim Dividend RM 0.0230 Dividend Detail
25-May-2021 10-Jun-2021 DIVIDEND First Interim Dividend RM 0.0030 Dividend Detail
24-Mar-2021 07-Apr-2021 DIVIDEND Second Interim Dividend RM 0.0050 Dividend Detail
23-Nov-2020 08-Dec-2020 DIVIDEND Interim Dividend RM 0.0050 Dividend Detail
23-May-2019 10-Jun-2019 DIVIDEND First Interim Dividend RM 0.01 Dividend Detail
22-Nov-2018 05-Dec-2018 DIVIDEND Interim Dividend RM 0.02 Dividend Detail
23-Aug-2018 06-Sep-2018 DIVIDEND Second interim dividend RM 0.025 Dividend Detail
23-May-2018 06-Jun-2018 DIVIDEND First Interim Dividend RM 0.025 Dividend Detail
16-Apr-2018 26-Apr-2018 BONUS_ISSUE Bonus Issue 2 : 5 Dividend Detail
27-Feb-2018 12-Mar-2018 DIVIDEND Interim Dividend RM 0.04 Dividend Detail
21-Nov-2017 06-Dec-2017 DIVIDEND Special Dividend RM 0.07 Dividend Detail
21-Nov-2017 06-Dec-2017 DIVIDEND Interim Dividend RM 0.03 Dividend Detail
22-Aug-2017 06-Sep-2017 DIVIDEND Second interim dividend RM 0.03 Dividend Detail
23-May-2017 05-Jun-2017 DIVIDEND First Interim Dividend RM 0.025 Dividend Detail
15-Feb-2017 01-Mar-2017 DIVIDEND Interim Dividend RM 0.035 Dividend Detail
16-Nov-2016 01-Dec-2016 DIVIDEND Interim Dividend RM 0.05 Dividend Detail
22-Aug-2016 05-Sep-2016 DIVIDEND Second interim dividend RM 0.03 Dividend Detail
17-May-2016 06-Jun-2016 DIVIDEND First Interim Dividend RM 0.0300 Dividend Detail
19-Feb-2016 07-Mar-2016 DIVIDEND Interim Dividend RM 0.0300 Dividend Detail
20-Nov-2015 07-Dec-2015 DIVIDEND Interim Dividend RM 0.0300 Dividend Detail
20-Aug-2015 04-Sep-2015 DIVIDEND Second interim dividend RM 0.0500 Dividend Detail
19-May-2015 03-Jun-2015 DIVIDEND First Interim Dividend RM 0.0200 Dividend Detail
25-Feb-2015 11-Mar-2015 DIVIDEND Interim Dividend RM 0.02 Dividend Detail
19-Nov-2014 03-Dec-2014 DIVIDEND Second interim dividend RM 0.02 Dividend Detail
20-Aug-2014 04-Sep-2014 DIVIDEND Interim Dividend RM 0.02

Posted by calvintaneng > 2021-09-28 20:02 | Report Abuse

In year 2017 Bplant gave out dividend 5 times

21-Nov-2017 06-Dec-2017 DIVIDEND Special Dividend RM 0.07 Dividend Detail
21-Nov-2017 06-Dec-2017 DIVIDEND Interim Dividend RM 0.03 Dividend Detail
22-Aug-2017 06-Sep-2017 DIVIDEND Second interim dividend RM 0.03 Dividend Detail
23-May-2017 05-Jun-2017 DIVIDEND First Interim Dividend RM 0.025 Dividend Detail
15-Feb-2017 01-Mar-2017 DIVIDEND Interim Dividend RM 0.035 Dividend Detail

A TOTAL of 19 SEN DIVIDEND WERE GIVEN OUT IN YEAR 2017

Posted by calvintaneng > 2021-09-28 20:06 | Report Abuse

2018 also 5 times dividends

22-Nov-2018 05-Dec-2018 DIVIDEND Interim Dividend RM 0.02 Dividend Detail
23-Aug-2018 06-Sep-2018 DIVIDEND Second interim dividend RM 0.025 Dividend Detail
23-May-2018 06-Jun-2018 DIVIDEND First Interim Dividend RM 0.025 Dividend Detail
16-Apr-2018 26-Apr-2018 BONUS_ISSUE Bonus Issue 2 : 5 Dividend Detail
27-Feb-2018 12-Mar-2018 DIVIDEND Interim Dividend RM 0.04 Dividend Detail

TOTAL DIVIDENDS FOR YEAR 2018 11 SEN Plus 2 for 5 Bonus Issues

BONUS ISSUES?

Yes can expect Both High Dividends & Bonus Issues again

Not only Bplant - later all other Palm Oil companies will do the same

ALL VERY HAPPY AS GOOD TIMES ARE RETURNING AGAIN!

Posted by loyalok > 2021-09-28 20:12 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement

Posted by Sslee > 2021-09-28 20:20 | Report Abuse

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS BOUSTEAD PLANTATIONS BERHAD ("BPB" OR "COMPANY") PROPOSED DISPOSAL OF KULAI YOUNG ESTATE MEASURING A TOTAL OF 663.98 HECTARES FOR A TOTAL CASH CONSIDERATION OF RM428.82 MILLION
BOUSTEAD PLANTATIONS BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description BOUSTEAD PLANTATIONS BERHAD ("BPB" OR "COMPANY")

PROPOSED DISPOSAL OF KULAI YOUNG ESTATE MEASURING A TOTAL OF 663.98 HECTARES FOR A TOTAL CASH CONSIDERATION OF RM428.82 MILLION
On behalf of the Board of Directors of BPB, Affin Hwang Investment Bank Berhad wishes to announce that CIMB Islamic Trustee Berhad, acting solely in the capacity as a trustee and on behalf of BPB and BPB as the beneficiary, had on 28 September 2021 entered into a sale and purchase agreement (“SPA”) with SIPP Power Sdn Bhd for the proposed disposal of 5 parcels of freehold land held under GRN 229629 Lot 3564, HSD 64784 PTD 109021, HSD 64789 PTD 109026, HSD 64796 PTD 109033 and HSD 64797 PTD 109034 all within Mukim of Kulai, District of Kulai, Johor measuring 663.98 hectares for a total cash consideration of RM428,818,278 (“Proposed Disposal”), subject to the terms and conditions of the SPA.

Please refer to the attachment for further details on the Proposed Disposal.



This announcement is dated 28 September 2021.

Posted by CCWONG > 2021-09-28 20:58 | Report Abuse

Bplant has so many good news by 31-12-21 or even by 31-03-22:

1. Gst Refund of about RM37.207M collected on on 05-08-21.

2. Annual rental fee of oil palm estate in Telok Sengat Estate, South
Johor, not far from Pasir Gudang & JB City (Annual rent is from
RM15.1M to RM18.7M).

3. Sale of Kulai Young Estate to pay off loans (Annual interest
savings of RM15.47M). Adding both the 2 will give at least RM31.0M.

4. Continuous strong quarterly financial performance of net profit
after tax due to sustainable strong CPO market price (Every 3 months
of strong FFB harvests/CPO yields coupled with strong CPO price).

5. On-going renewed management change in Bplant to reduce costs, etc.

6. All these shall result in good regular financial performances.

7. Increase in regular foreseeable dividend policy payments.

8. Last but not least, shall see the coming of appreciation of share
price of this gem, Bplant.

Hooray. Hooray. Hooray.

Posted by Johnzhang > 2021-09-28 21:04 | Report Abuse

The disposal of Kulai young estate is is almost $650,000 per ha!
Bplant has a lot more such freehold land in peninsula Malaysia with development value .

Posted by Johnzhang > 2021-09-28 21:30 | Report Abuse

I guess privatizations is not far away .

Posted by brianklc > 2021-09-28 23:46 | Report Abuse

Wah…. Really surprised!

Posted by calvintaneng > 2021-09-28 23:47 | Report Abuse

Can expect both dividend & bonus again from Bplant

OIL & GAS COMPANIES GOT ONE ENGINE OF GROWTH BUT PALM OIL COMPANIES GOT 3 ENGINES OF GROWTH: FOOD, BIODISEL & LAND BANKING, Calvin Tan


https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-09-28-story-h1591788484-OIL_GAS_COMPANIES_GOT_ONE_ENGINE_OF_GROWTH_BUT_PALM_OIL_COMPANIES_GOT_3.jsp

Posted by brianklc > 2021-09-28 23:56 | Report Abuse

At first I tot sapu at 58c last week was a mistake… now I regret nvr sapu more!

Posted by MuttsInvestor > 2021-09-29 00:23 | Report Abuse

Johnzhang ....... Good Observation ..... About "Privatization " ( Dirty Word for Certain Parties ) ...

Posted by brianklc > 2021-09-29 00:34 | Report Abuse

Today price will touch 72-75c?

Posted by MuttsInvestor > 2021-09-29 00:34 | Report Abuse

Audited net book value as
at 31 December 2020 (2)
: RM65.48 million (4)

Market value as at 19 March 2021 (3)
: RM390.0 million ( Messrs. C H Williams Talhar & Wong Sdn Bhd (“Valuation Report”). )

Sales Price as Per S&P = RM428.8 million.

.......................................................

From Announcement Details. https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3196109

...................................................

JAWS dropped and EYES POPPED ( @@ ) when Book Value vs Sales Price !!!

Posted by MuttsInvestor > 2021-09-29 00:40 | Report Abuse

RM42,881,827.80 representing 10% of the Disposal Consideration (“Deposit”) on S&P signing

RM373,071,901.86 representing 87% of the Disposal Consideration (“Balance Purchase Price”) shall be paid within 14 business days from the Unconditional Date but shall in any event be no earlier than 15 December 2021 (“Completion Period”) ....... Why ???? ( No earlier ...)

RM12,864,548.34 representing 3% of the Disposal Consideration payable to Director General of Inland Revenue as required under the Real Property Gains Tax Act 1976

............................................................

Abstract from Announcement.

Posted by MuttsInvestor > 2021-09-29 00:42 | Report Abuse

Comments from SIFU about Bplant .... Next Move ??? ( Good for Deep thought when it is Damn Quite ) Plus .... Sitting in ZEN posture !!! ( LoL )

Posted by MuttsInvestor > 2021-09-29 00:50 | Report Abuse

The Disposal Consideration is expected to be used by BPB and/or its subsidiaries
(“BPB Group”) in the following manner:

Details of utilisation ; RM’ million ; Timeframe for full utilisation from the completion of the Proposed Disposal

Repayment of bank borrowings (1) ; 361.54; Within 24 months
Working capital (2); 26.90 ;Within 12 months
Real property gains tax (3) ;39.48 ;Within 3 months
Other expenses (4) ;0.90; Within 1 month

Total = 428.82 million
....................................................................

Abstract from Announcement

Posted by brianklc > 2021-09-29 00:54 | Report Abuse

Still quite a huge sum to privatise bplant, perhaps after another Malakoff land sales, then only privatisation talk intensifies…

Posted by brianklc > 2021-09-29 00:54 | Report Abuse

Any idea why RPGT is so high?

Posted by MuttsInvestor > 2021-09-29 00:57 | Report Abuse

Disposal Consideration 428.82
Less: (i) Audited net book value relating to the Kulai Young Estate as at 31 Dec 2020 (65.48)
(ii) Real property gains tax (39.48)
(iii) Estimated expenses (0.90)

Net gain on Proposed Disposal 322.96 million. ( Based On Accounting Procedures for 2020) ..

.....................................................................

See Page 10/11 of Announcement.

Posted by MuttsInvestor > 2021-09-29 01:05 | Report Abuse

Net assets (“NA”) and gearing

For illustrative purposes, the pro forma effects of the Proposed Disposal on the NA
and gearing of BPB Group based on the latest audited consolidated financial
statements of BPB as at 31 December 2020 and on the assumption that the
Proposed Disposal had been effected on the said date are set out below:


Audited as at 31 December 2020 ; After the Proposed Disposal
RM’ 000 RM’ 000

Share capital 1,422,344 1,422,344
Non-distributable reserves (195) (195)
Retained profits 1,161,943 (1) 1,484,903
----------------------- ------------------
Shareholders' equity / NA 2,584,092 2,907,052

Number of ordinary shares (‘000) 2,240,000 2,240,000
NA per share (RM) 1.15 1.30
Total borrowings 1,252,901 (2) 891,361
Gearing ratio (times) (3) 0.48 0.31

.............................................................................

See Page 10/11 of Announcement

Posted by brianklc > 2021-09-29 09:08 | Report Abuse

Wow, so much sell queue at low price!

Posted by brianklc > 2021-09-29 09:08 | Report Abuse

Privatisation is coming?

Posted by Jonathan Keung > 2021-09-29 09:18 | Report Abuse

Good morning .good start

Posted by risktoreward > 2021-09-29 09:34 | Report Abuse

Featured by maybank today

Posted by MuttsInvestor > 2021-09-29 09:38 | Report Abuse

Any idea why RPGT is so high? ...... Good Question. Not same as the 3% to Pay for Capital Gains Tax.

Posted by brianklc > 2021-09-29 09:41 | Report Abuse

Yeah, at some part of the announcement mentioned 3%, but whn calculating for the land sales profit is of diff %

Posted by brianklc > 2021-09-29 09:56 | Report Abuse

Ok, I checked, rpgt for companies is at 10%

Posted by MuttsInvestor > 2021-09-29 10:01 | Report Abuse

( brianklc ) Ok, I checked, rpgt for companies is at 10% ............. Thumbs Up !!!!!

Posted by MuttsInvestor > 2021-09-29 10:19 | Report Abuse

https://www.marketscreener.com/news/latest/Indonesia-sets-Oct-CPO-reference-price-at-1-196-6-tonne-document--36533916/ ... Big News. "" Indonesia sets Oct CPO reference price at $1,196.6/tonne -document ""

Posted by Johnzhang > 2021-09-29 10:20 | Report Abuse

The kulai estate monetisation will not be the last one .A couple more to come . Just watch out .
The companies borrowing will be substantially reduced.
As at 30/6/21 , borrowing was about $1,171 mil ($1,362 as at 30/6/20). There was already $191 mil reduction in borrowing due to strong positive cashflow generated from operations over a year. I expect cashflow from operations will still be as strong in next 2-3 years .
Asset monetisation plus substantial positive cashflow from operation will turn Bplant into very low gearing or even net cash company soon.
With reduced borrowing, the company is in strong financial position to go for privatization via SCR.
Privatization via general offer by Bstead /ltat is out of the question as they don't have the money to do so.
Privatisation of Bstead will then follow once Bplant become wholely owned.
This is because Bstead can tap it's 100% owned Bplant's resources to strengthen it's financial position for a serious privatisation offer later.
Just my thoughts for sharing.