BOUSTEAD PLANTATIONS BHD

KLSE (MYR): BPLANT (5254)

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Last Price

1.57

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


16 people like this.

12,578 comment(s). Last comment by newlyblaze 2 days ago

Mikecyc

45,687 posts

Posted by Mikecyc > 2021-10-05 15:26 |

Post removed.Why?

brianklc

1,624 posts

Posted by brianklc > 2021-10-05 15:43 | Report Abuse

Pls continue mickey

Mabel

24,047 posts

Posted by Mabel > 2021-10-05 16:03 | Report Abuse

Mabel today very busy with Mabel Energy Battleships and Super tankers as all of them cruising at full speed. So many missiles to fires....I think one of the missiles hit Mickey Mouse Plantation - MHC - Mickey Horrible Counter ...HiHiHi....

Meow Meow Meow

Posted by MuttsInvestor > 2021-10-05 16:03 | Report Abuse

""""" Posted by DickyMe > Sep 18, 2021 12:25 PM | Report Abuse

Palm Oil going down to RM 2000 """ ... Mana Kawan kita ????

Posted by MuttsInvestor > 2021-10-05 16:24 | Report Abuse

"" What is the direction for CPO price? Drawing hints from the CPO forward curve (Exhibit 2) in backwardation, the direction continues to head south with near-term price range of c.RM3,500-3,700/MT. We concur with the direction, especially as rising inventory in 2H 2021 should continue to weigh on CPO prices."""....... KENANGA ( Jul 28, 2021 9:25 PM ) .......... Oh... Such COMPETENT Analysis !!! ( LoL )

Johnzhang

3,098 posts

Posted by Johnzhang > 2021-10-05 16:42 | Report Abuse

Somebody is blocking the rapid price rise with 1.1 mil unit sell order at $0.65!

Johnzhang

3,098 posts

Posted by Johnzhang > 2021-10-05 16:59 | Report Abuse

@MuttInvestor, those analysts are simply not competent and look ack of credibility and responsibility.

Mikecyc

45,687 posts

Mikecyc

45,687 posts

Posted by Mikecyc > 2021-10-05 23:42 |

Post removed.Why?

SEE_Research

4,663 posts

Posted by SEE_Research > 2021-10-06 01:37 | Report Abuse

SEE_Research ===========================================================================

https://klse.i3investor.com/blogs/see_research/2021-10-06-story-h15919...

===========================================================================
SAMSON HERCULES Chan /4316

( LIMIT UP 30 % --- STOCK LIKE SUBUR / 6904 )


Another Subur Tiasa Holdings Bhd / 6904

Potentially, for this coming week ,

starting from 6 October 2021 , onwards


(i)1st Target Price :


RM 0.68 level

( 17 % )



=====================================

(ii) 2nd Target Price :

RM 0.89 level

( 50 %)
06/10/2021 1:27 AM

bulldog

12,157 posts

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

Accumulation in progress


Huat chaiii

Mikecyc

45,687 posts

Posted by Mikecyc > 2021-10-06 06:59 |

Post removed.Why?

Mikecyc

45,687 posts

Posted by Mikecyc > 2021-10-06 07:02 | Report Abuse

Other ppl post on calvin :


Blog: Reposted Article: JAYA TIASA (4383) OR GIANT TREASURE - LATEST TAKEAWAYS FROM ANNUAL REPORT, Calvin Tan Research Author: calvintaneng | Publish
Sep 27, 2021 10:53 PM | Report Abuse

JAYA TIASA HAS 83,000 ACRES OF PLANTATION LANDS OR 205,000 ACRES

陈大师大概是人老眼花了,83,000英亩会变成205,000英亩。唉。。。岁月不留人啊,看来陈大师还是快点告老还乡享清福,不必再这么费事劳神,钱财乃是身外物,出家人何必这么执着呢?

Mikecyc

45,687 posts

Posted by Mikecyc > 2021-10-06 07:06 |

Post removed.Why?

Sslee

6,462 posts

Posted by Sslee > 2021-10-06 07:44 | Report Abuse

Morning Mike,
Mind showing me the caculation how you get 2.38%?

0.64 MYR +0.02 (2.38%)年初至今
10月5日 GMT+8 下午5:00 · 免责声明

By the way you need to add in the dividend
25-Aug-2021 09-Sep-2021 DIVIDEND Second Interim Dividend RM 0.0230 Dividend
25-May-2021 10-Jun-2021 DIVIDEND First Interim Dividend RM 0.0030 Dividend
24-Mar-2021 07-Apr-2021 DIVIDEND Second Interim Dividend RM 0.0050 Dividend

Mikecyc

45,687 posts

Posted by Mikecyc > 2021-10-06 08:55 |

Post removed.Why?

Mikecyc

45,687 posts

Posted by Mikecyc > 2021-10-06 08:58 |

Post removed.Why?

Mikecyc

45,687 posts

Posted by Mikecyc > 2021-10-06 08:59 |

Post removed.Why?

Mikecyc

45,687 posts

Posted by Mikecyc > 2021-10-06 09:02 |

Post removed.Why?

Mikecyc

45,687 posts

Posted by Mikecyc > 2021-10-06 09:03 |

Post removed.Why?

Mikecyc

45,687 posts

Posted by Mikecyc > 2021-10-06 09:04 |

Post removed.Why?

Sslee

6,462 posts

Posted by Sslee > 2021-10-06 09:20 | Report Abuse

KUALA LUMPUR (Oct 6): RHB Retail Research said Boustead Plantations Bhd has renewed its bullish momentum as it surpassed the 63 sen immediate resistance on high volume – printing a long white candlestick.

In a trading stocks note today, the research house said if the breakout sustains, the bulls may propel the stock towards the nearest resistance of 68.5 sen – before possibly hitting the multi-month high of 77.5 sen.

“However, falling below the 60 sen support may trigger a downtrend,” it said.

bulldog

12,157 posts

Posted by bulldog > 2021-10-06 09:53 | Report Abuse

Mickey mouse naysayers 3 stooges just pluck from the sky...she just know to short the counter by taking advantage from the newbies

Huat chaiii

Sslee

6,462 posts

Posted by Sslee > 2021-10-06 10:13 | Report Abuse

Haha Mike you are so young already so forgetful and cannot do calculation already.

0.64 MYR +0.02 (2.38%)年初至今
10月5日 GMT+8 下午5:00 · 免责声明

2.38%????

brianklc

1,624 posts

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

Mickey just copy and paste, cherry pick news

Anthonyloh

118 posts

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

Sslee, you are one of shareholder in this stock too?

Sslee

6,462 posts

Posted by Sslee > 2021-10-06 10:56 | Report Abuse

Yes still holding Bplant.

brianklc

1,624 posts

Posted by brianklc > 2021-10-06 11:01 | Report Abuse

Guys, pls check on FCPO

Anthonyloh

118 posts

Posted by Anthonyloh > 2021-10-06 11:02 | Report Abuse

It's great, me too, I shift my mostly fund to palm oil stocks after first MCO.

Johnzhang

3,098 posts

Posted by Johnzhang > 2021-10-06 11:10 | Report Abuse

This stock at $0.655 today is still at unreasonable 50% discount to NTAb of $1.31 after considering the $0.144 per share kulai estate disposal announced recently. The discount to intrinsic value may even be as high as 75% as Bplant has a lot more valuable freehold development land like kulai estate. In the event of privatisation, the offer price has to be about 1.5 x book value to be fair (ie 1.5x $1.31 =$1.97). That's what I think it should worth .

brianklc

1,624 posts

Posted by brianklc > 2021-10-06 11:13 | Report Abuse

Personally, if privatisation were to happen, it needs to happen now thn later whn the price go higher… seeing the sell queue, it makes me wonder if it’s a sign…

Johnzhang

3,098 posts

Posted by Johnzhang > 2021-10-06 11:13 | Report Abuse

Bplant and Bstead will be very interesting as we get closer to the next GE.

brianklc

1,624 posts

Posted by brianklc > 2021-10-06 11:19 | Report Abuse

How abt Melaka elections?

Johnzhang

3,098 posts

Posted by Johnzhang > 2021-10-06 11:31 | Report Abuse

Melaka election is nothing compared to GE in term of funding.

brianklc

1,624 posts

Posted by brianklc > 2021-10-06 18:30 | Report Abuse

Finally plantation shares get the attention already?

Ayambrand

135 posts

Posted by Ayambrand > 2021-10-06 19:35 | Report Abuse

Soon to fly

brianklc

1,624 posts

Posted by brianklc > 2021-10-06 20:57 | Report Abuse

More clarity on biodiesel policy

Posted by MuttsInvestor > 2021-10-06 22:15 | Report Abuse

Now look out for the a) Production for Sept of BOTH Malaysia and Indo.( Covid effect ?) b) Indonesia has SOME interesting DEVELOPMENT 1) Blending CPO into jet fuel ? ( https://www.marketscreener.com/news/latest/Indonesia-conducts-test-flight-using-jet-fuel-mixed-with-palm-oil--36611197/ )...Due to HIGH Crude Oil prices ? 2) Taxes for Export of CPO ( Increase due to Govn short fall in Revenue ?) 3) Increase in Blending of CPO into Fuel oil ( B30 grade ) due to HIGH Crude Oil prices ? c) END STOCKS for Sept 2021 ?? For Both Indo and Malaysia ? ( Looking forward to Dec and Jan festive season ) d) Oct 2021 production will be BELOW par for Malaysia due to HUGE LABOUR shortage ( Althought should(???) SLOWLY improved in Nov and Dec 2021 ( Any effect due to LaLINO - Wet Weather expected ? )........ Many FACTORS are SUPPORTING Rm5,000/tonne .....

Posted by MuttsInvestor > 2021-10-06 22:16 | Report Abuse

"" Blog: Palm oil - Peaked!

Jun 10, 2021 2:26 PM | Report Abuse

Oh Yes !!! Crude Oil at US69/- Now. Once the Western Countries open up as Covid gets under CONTROL .......... In Summer .( July till Oct ) expect BINGE spending and travel. Crude Oil .... Likely to Go Up. So WILL BIODIESEL and BIOJET FUEL demand increase ? ""
.......................................
Commented in June 2021.

calvintaneng

56,242 posts

Posted by calvintaneng > 2021-10-06 23:08 | Report Abuse

BPLANT: Full of Value

3 HOME GROWN INDUSTRIES OF MALAYSIA GONE INTO BULL RUN OGSE (2019) MEDICAL GLOVES (2020) PALM OIL (2021) Calvin Tan

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-10-06-story-h1591934709-3_HOME_GROWN_INDUSTRIES_OF_MALAYSIA_GONE_INTO_BULL_RUN_OGSE_2019_MEDICA.jsp

Johnzhang

3,098 posts

Posted by Johnzhang > 2021-10-07 07:01 | Report Abuse

Just to share some historical data of past 10 years .
Plantantion share price on day closing high (H) in year 2012 were as below (adjusted for RI or BI if any)

Thplant. $2.45
Sop. $6.62
MHC. $1.46
Cepat. $1.18
Swkplt. $3.24
Taann. $4.50
Hsplant. $3.18
Bplant. $1.34
Note :Bplant H was in 2018. Listed in 2014.

CPO high was about $3,600 pmt in Mar 2012
CPO now reached almost $5,100 yesterday.
Cost of production may have increased by $200 pmt since 2012.
After factoring in the higher production cost , today 's CPO price is still about 35% higher than 2012.
On the contrary, share price for most of the plantantions companies are trading at about 30- 50% below the high in 2012. What a divergence!
I believe the share price increase yesterday is just the beginning of the recovery. Enjoy the recovery ride .

brianklc

1,624 posts

Posted by brianklc > 2021-10-07 09:56 | Report Abuse

1st time see buy queue of 1mil

Posted by Starisborn > 2021-10-07 10:19 | Report Abuse

From BPlant latest annual report, it shows that it has 98,212 hectares of land. Going by the latest sale of land to YTL @ RM645,833 per hectare with an historical net book value of just RM93,527 per hectare......it point to a huge unrealised revaluation gain of those land that remains unsold in the Company.

On the assumption that even if we recognised that not all lands held deserve a huge valuation, a simple simulation of just 15% value of what was sold recently or @RM96,875 per hectare, the potential valuation surplus stands at RM2.57 per share and if we are to deduct all borrowings, the net cash per share stands at RM2.01.

This couple with the all time high of CPO price which will yield better earnings and dividends in the coming quarters.

I am not at all surprise by lots of people queueing to buy into future success! This counter deserved to be rerated upwards!

Yippy68

1,689 posts

Posted by Yippy68 > 2021-10-07 10:57 | Report Abuse

this is the way haha haha i like it

stockraider

31,556 posts

Posted by stockraider > 2021-10-07 11:03 | Report Abuse

Just buy lah!

Farmland very safe mah!

Donator

1,052 posts

Posted by Donator > 2021-10-07 11:08 | Report Abuse

breakout...

CCWONG

290 posts

Posted by CCWONG > 2021-10-07 11:22 | Report Abuse

Bplant's share price going up, up, up is based on its business performance which again is due to good FFB harvest and good CPO price, and not rely on any other corporate news, etc, etc.

So, invest for the LT and enjoy the fruits of your investment in Bplant.

stockraider

31,556 posts

Posted by stockraider > 2021-10-07 11:36 | Report Abuse

This is the best plantation stock to invest mah!

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