Posted by brianklc > 2021-11-19 20:29 | Report Abuse

Let’s pray for at least 3 sen thn

Posted by calvintaneng > 2021-11-20 13:09 |

Post removed.Why?

Posted by Yippy68 > 2021-11-20 16:11 | Report Abuse

has anyone heard before Bplant has 6 acres of land in Singapore Island? hope it is true. Bplant share issue only 2.24 billions, this land sold for RM2.5 Billion, it mean each share can get 117 sen. huat chai

Posted by brianklc > 2021-11-20 21:45 | Report Abuse

Calvin, not in bplant announcement, can u quote your source?

Posted by Sslee > 2021-11-20 22:22 | Report Abuse

IN SINGAPORE THEY JUST SOLD 6 SMALL ACRES OF LANDS IN KATONG FOR RM2.5 BILLION OR RM416 MILLION PER ACRE.

What Calvin mean "They" is refer to Singapore government sold 6 SMALL ACRES OF GOVERNMENT LANDS IN KATONG FOR RM2.5 BILLION OR RM416 MILLION PER ACRE

Posted by loyalok > 2021-11-21 09:28 | Report Abuse

calvin, please dont mislead bp investorlah .Do BP has land in sg /

Posted by ooi8888 > 2021-11-21 09:35 | Report Abuse

陈大师修道已经走火入魔了，听听就好，千万不要当真，否则后果自负。

Posted by stockraider > 2021-11-21 11:24 | Report Abuse

Great result coming loh!

If u want great capital appreciation due to land with low investment risk....consider bplant mah!

Posted by value_seeker > 2021-11-21 11:26 | Report Abuse

Tommorrow stocks will increase as BN won in Malacca. The investors will come to Bursa.

Posted by gohku > 2021-11-21 11:57 | Report Abuse

This is a very good stock to buy.

Very high NAV and with the coming strong eps and its borrowing had been pared down quickly.

Posted by Asia88 > 2021-11-21 18:55 | Report Abuse

Guys, maybe he mean singapore 6 acre land can be sold at 2.5 billion. . So bplant have 220k acre of land, it can be sold in better price?

calvin, you better come out and explain it to us. Damn misleading.

Posted by brianklc > 2021-11-22 00:58 | Report Abuse

How to compare Sg with bplant portfolio of land?

Posted by calvintaneng > 2021-11-22 09:27 | Report Abuse

Asia88 is correct

Calvin only use Katong land as an example of gross undervaluation of Bplant lands

Bplant lands have more than 100 years history from Boustead time

Posted by calvintaneng > 2021-11-22 09:31 | Report Abuse

I live in Spore
Spore got same sun, same climate like Malaysia.
Water also must buy from Johor
Workers mostly from Malaysia

Vegetable imported from Cameron highland and fish from straits of melaka

Almost 90% same same like Malaysia but why lands are Rm416,000 and acre when in Malaysia only Rm4,000 an acre like Thplant and Fgv

Posted by qinvestor > 2021-11-22 09:42 | Report Abuse

We understand land in BPLANT is undervalued below replacement cost, but to compare with Singapore land value of RM416m per acre is a stretch, do share which parcel of land own by BPLANT can be valued at this RM416m per acre?

Posted by calvintaneng > 2021-11-22 09:55 | Report Abuse

No need

If bplant land is only valued at 10% of Rm416k is already Rm41,600 per acre

The salary of a bank teller in Spore is $3,000
The salary of a bank officer in Malaysia is Rm3,000

Sing dollar is 3.15 of ringgit

So Spore wages only 3 times more

Not 30 times more


So why should land prices be 100 times more?

Posted by brianklc > 2021-11-22 10:09 | Report Abuse

Calvin, I used to think your analysis is informative, but I beg to differ on this… u worked too hard, u need to rest…

Posted by xiaoeh > 2021-11-22 10:18 | Report Abuse

Calvin, some personal question, u sgrean? fulltime trader?

Posted by Ayambrand > 2021-11-22 12:12 | Report Abuse

HUAT CHAI, waiting for good news soon

Posted by Johnzhang > 2021-11-22 12:24 | Report Abuse

land is like any commodity, its price largely depend on demand and supply. Singapore being a ‘red dot’ country has very very limited land resources. As such land price in spore can go bizarre , but not in Malaysia.
For plantation lands there is always recently transacted price as the basis for us to work on . Same apply to plantation land with development value .

Posted by MuttsInvestor > 2021-11-22 14:10 | Report Abuse

What Ha ppe ned ? B plant up 3 ecnts ? Fina nacel re sults co ming out with good di vi dents ??

Posted by MuttsInvestor > 2021-11-22 14:18 | Report Abuse

Tho se who co llected at be low 68 cen ts ........... Bra vo.... !!!!!

Posted by Asia88 > 2021-11-22 15:35 | Report Abuse

calvin: you can't compare like that lo.

Agree with you john.

Posted by Asia88 > 2021-11-22 21:44 | Report Abuse

ta ann is also plantation company? you can't compare it like that


Bplant Share capital : 2.24billion share (par value 0.5)
Ta Ann Share capital : 0.4billion share (par value 1)

If Bplant want to declare 20 sen dividend, profit need at least 200million.

Posted by brianklc > 2021-11-22 22:56 | Report Abuse

what’s wrong lately? First assume bplant land value = Singapore land value… now 20 sen dividend?

Posted by brianklc > 2021-11-22 22:56 | Report Abuse

Tomorrow privatisation?

Posted by Jimmy Lim > 2021-11-23 02:06 | Report Abuse

the katong land sold to sunway+hoi hup realty?

Posted by Johnzhang > 2021-11-23 06:50 | Report Abuse

Bplant doesn't own a single inch of lanf in Spore. Please don't bring in irrelevant and misleading information that can mislead some investors.

Posted by Johnzhang > 2021-11-23 06:57 | Report Abuse

@Asia88, Taann is predominately oil palm plantation company with some timber business too.
It is OK to draw comparison between Bplant and Taann , but must use the right parameters . Compare PE instead of just the price or EPS, compare dividend yield (%) instead of just dividend amount, etc

Posted by brianklc > 2021-11-23 09:04 | Report Abuse

John, if that is the case, taan biz is more close to jtiasa… bplant is pure plantation who actively selling it land in Malaysia..

Posted by Johnzhang > 2021-11-23 09:20 | Report Abuse

Ya, Jayatiasa is same like Taann i, in both oil palm and timber . But there is huge difference in management quality and financial quality between the 2. Taann is far more superior.

Posted by CCWONG > 2021-11-23 09:40 | Report Abuse

Don't sell, hold tight, enjoy huge returns.

CPO price is very high.

Profits are still coming in.

Posted by Yippy68 > 2021-11-23 09:59 | Report Abuse

report should be out today, exciting to wait,

Posted by brianklc > 2021-11-23 10:13 | Report Abuse

Yippy, I suspect tht too… Pharma last week, affin yday

Posted by free808 > 2021-11-23 15:06 | Report Abuse

hopefully good result

Posted by danny123 > 2021-11-23 16:35 | Report Abuse

Good result later also down

Posted by danny123 > 2021-11-23 16:36 | Report Abuse

Let ccwong hold himself

Posted by Kon Lim Chai > 2021-11-23 18:15 | Report Abuse

Dividend payout below expectation

Posted by PlantBull > 2021-11-23 18:35 | Report Abuse

They are adhering to their dividend payout policy actually. For the fiscal year, they have paid out 62% of earnings

Posted by Johnzhang > 2021-11-23 18:47 | Report Abuse

3Q NPAT of $96 mil is well above my own estimate .

Posted by Johnzhang > 2021-11-23 19:08 | Report Abuse

For 3 Q, Bplant realized the highest av selling of CPO at $4331. Well done.

Posted by Johnzhang > 2021-11-23 19:59 | Report Abuse

TSH also announced September qtr results today. I would like to make comparisons between the 2 :
TSH :
Sept qtr EPS 3.27 sen
Ytd EPS. 7.65 sen
Sept qtr dividend Nil
Ytd dividend Nil
NA per share $1.14 (land in Indonesia )
Share price $1.17

Bplant
Sept qtr EPS. 4.27 sen
Ytd eps. 6.97 sen
Sept qtr dividend 1.75 sen
Ytd dividend 4.35 sen
Na per share $1.19 ( land in Malaysia)
Share price $0.715

You decide which one is a better buy .

Posted by Yippy68 > 2021-11-23 20:02 | Report Abuse

below expectation., but, something is better than nothing one quarter dividend better than bank FD for one year at present price, if every quarter dividend is the same, it work out about 10% yearly income.

Posted by Yippy68 > 2021-11-23 20:04 | Report Abuse

better than KIPREIT or SANTRAL REIT

Posted by Jonathan Keung > 2021-11-23 20:05 | Report Abuse

1.75 sen interim dividend below market expectations

Posted by Jonathan Keung > 2021-11-23 20:05 | Report Abuse

1.75 sen interim dividend below market expectations

Posted by CCWONG > 2021-11-23 20:22 | Report Abuse

Just finished reading the Quarterly Report.

1. What needs to come down like loans, operating costs, etc, are down.

2. What needs to go up like Profit, NTA, DY, DPS, etc, are up.

3. Bplant is moving into the mid-cap league of listed oil palm cos,
meaning, its share price shall move above RM1.00. Wait & see.

4. I am delighted with the dividends because many making huge profits
oil palm cos are not giving & you can check in Bursa.

5. Yes, finally, I am holding up and buying more Bplant shares.

6. Because, the final 4th quarter is explosive.

Posted by brianklc > 2021-11-23 20:24 | Report Abuse

They follow back the YTD div payout against their policy. Anyway, if u read between the lines, apparently land disposal delayed to Q1 2022, to avoid RPGT?

Posted by kelvin61 > 2021-11-23 20:37 | Report Abuse

Paying its 3rd dividend of 1.75 sen by 30th Dec 21. Total for this financial year is 4.35 sen. Final quarter profit will be the best, so can expect a better dividend than 3rd quarter, cheers.

Posted by Asia88 > 2021-11-23 21:31 | Report Abuse

why pay 1.75sen only when they can pay more.