Posted by Sslee > 2021-12-07 12:18 | Report Abuse

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

This announcement is dated 28 September 2021.

So next quarter expected net gain of RM 323 million or EPS of 14.42 cents from above land disposal.

Posted by stockraider > 2021-12-07 12:20 | Report Abuse

With this important cash coming in....borrowing will be almost trimmed down mah!

osted by Sslee > Dec 7, 2021 12:18 PM | Report Abuse

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

This announcement is dated 28 September 2021.

So next quarter expected net gain of RM 323 million or EPS of 14.42 cents from above land disposal.

Posted by Sslee > 2021-12-07 12:22 | Report Abuse

Boustead Plantations issues RFP for estates in Sarawak
M Shanmugam
/
The Edge Malaysia

November 01, 2021 21:00 pm +08

Hopefully the estates in Sarawak disposal will also materialize.

Posted by stockraider > 2021-12-07 12:24 | Report Abuse

If successful then it will be net cash mah!

In other words cash rich loh!

Posted by CharlesT > 2021-12-07 13:04 | Report Abuse

I bought this co few years ago for their good div (FY2016 n 2017). I remembered they sold some lands during that time so could made such good div.

However, after FY2018 div drops to 1 cents n share price drops fm RM1.20+ to lowest rm0.30+.

So those who bought above rm1+ made some fm div but lose more fm capital loss

Posted by CharlesT > 2021-12-07 13:06 | Report Abuse

Becareful for the div trap.

Cant last long if its fm the money of assets disposal.

Posted by CharlesT > 2021-12-07 13:14 | Report Abuse

The most recent example of div trap is Topglove.

Annouced spec div of 20% + 50% normal div yield = 70% DY in Jan 2021 while share price was ard rm6+...

Those who bought for this yummy yummy DY 70% in Jan received ard rm0.50 div subsequently...at the same time suffer a loss of rm3+ fm their share prices....

Good div trap by Ah Chai..

Posted by CharlesT > 2021-12-07 13:15 | Report Abuse

High asp also cannot last long....

Posted by calvintaneng > 2021-12-07 13:30 |

Post removed.Why?

Posted by CharlesT > 2021-12-07 13:31 | Report Abuse

After selling their lands then yr God will give them more free lands ah? Lol

Pray harder

Posted by calvintaneng > 2021-12-07 13:33 |

Post removed.Why?

Posted by CharlesT > 2021-12-07 13:36 | Report Abuse

Pray 10 times a day to yr God so that this co will be taken private or bought over

Meanwhile, tan kuku

Posted by calvintaneng > 2021-12-07 13:36 | Report Abuse

Hahaha

No need free lands as Bplant already got more than 220,000 acres

As for you why you go for Uncle Kyy free wahyu beef?
Later lost your shirt ?

Posted by CharlesT > 2021-12-07 13:40 | Report Abuse

Fm my experience, those who talks abt God everyday is either a retaxd ir conman...

But i think Calvin fits into both....

Posted by CharlesT > 2021-12-07 13:44 | Report Abuse

If they r busy selling their plantation lands piece by piece now then chances of privatisation in near future seems rather unlikely.

Posted by novice2020 > 2021-12-07 13:45 | Report Abuse

Bottom line is to buy plantation shares whereby the companies pay dividend every year based on operating profits. A good management/owner to run the companies.

No need to worry about dividend trap.

Posted by CharlesT > 2021-12-07 13:45 | Report Abuse

Does Bplant fit into this?

Posted by calvintaneng > 2021-12-07 13:50 | Report Abuse

Why you eaten uncle k free wahyu beef now kena mad cow disease taking nonsense?

Posted by brianklc > 2021-12-07 13:55 | Report Abuse

Guys, labour shortage causes CPO price increase, whn they have more labour thn CPO price goes down… so regardless, market forces will adjust accordingly due to demand n supply

Posted by CharlesT > 2021-12-07 13:55 | Report Abuse

Firstly, i dont eat beef...

Second Kyy didnt belanja wahyu beef...claimed wanna belanja wahyu beef but at the end never belanja...

Somebody told me one.

Posted by CharlesT > 2021-12-07 13:56 | Report Abuse

That was in 2016 if i m not mistaken...party to promote his Jtiasa/ Rsawit/mudahjaya etc....

All went Holland.

Posted by Sslee > 2021-12-07 14:01 | Report Abuse

Haha Bplant actually overpaid dutaland so I sold all my bplant holding back then and bought back Bplant last year.


Boustead Plantations signs SPA with Dutaland for Sabah lands
Adela Megan Willy
theedgemarkets.com

October 30, 2017 20:14 pm +08

Boustead Plantations signs SPA with Dutaland for Sabah lands

KUALA LUMPUR (Oct 30): Boustead Plantations Bhd has signed a sales and purchase agreement (SPA) with Dutaland Bhd today, for the acquisition of 42 parcels of leasehold plantation lands in the Labuk and Sugut districts in Sabah for RM750 million.

Posted by calvintaneng > 2021-12-07 14:04 |

Post removed.Why?

Posted by CharlesT > 2021-12-07 14:05 | Report Abuse

Buying all these smaller n not really well managed plantation co is to hope that someday somebody will privatise or takeover it.

Meanwhile pray together with Calvin n tankuku.

Posted by Sslee > 2021-12-07 14:10 | Report Abuse

The profitable will depend on CPO price. So just monitor the FCPO price.

Posted by calvintaneng > 2021-12-07 14:13 | Report Abuse

I SEE

SSLee got University degree while CharlesT is a standard 6

CharlesT better go get free tuition from Uncle. Or free scholarship to study harder ok?

LOL!!

Posted by CharlesT > 2021-12-07 14:18 | Report Abuse

Better pray to God...no need study one

Posted by CharlesT > 2021-12-07 14:18 | Report Abuse

No brain one also can

Posted by calvintaneng > 2021-12-07 14:20 | Report Abuse

Posted by CharlesT > Dec 7, 2021 2:18 PM | Report Abuse

No brain one also can

Hahaha!

Exactly! That is why you cannot eat beef

You say Tansusu?

Tan means wait

Susu means milk

You are a small baby no teeth eat beef only can drink milk?

Tan "susu"

LOL!!

Posted by CharlesT > 2021-12-07 14:23 | Report Abuse

Calvin God very hamsap...everyday thinking of susu only...lol

Posted by calvintaneng > 2021-12-07 14:24 | Report Abuse

no leh

you are the one here

We are serious investors of Good Shares

You better go see Uncle K

He is waiting for you

Posted by calvintaneng > 2021-12-07 14:26 |

Post removed.Why?

Posted by Yippy68 > 2021-12-08 02:58 | Report Abuse

the more you guys argue, the share price drop further, so, my small request, stop all this nonsense ,. the price will come back.

Posted by Yippy68 > 2021-12-08 03:00 | Report Abuse

reminder, this counter owned by many, not just two.

Posted by zillionkoh > 2021-12-08 11:20 | Report Abuse

@Yippy68, don't be angry. Sit down and have our tea. The market is always open. Without gossips, news, and announcements, we will feel bored.

Posted by CCWONG > 2021-12-08 13:57 | Report Abuse

If you look at many listcos in KLSE, many are loss-making or profit-making going down, but oil-palm listcos' profit-makings are going up.

That makes the difference.

MYR to USD is 4.20++.

Inflation is ++.

Cost of doing business is ++.

Oil-palm listcos are export-oriented (CPO & others) earning USD.

Share price positive upwards movement is a matter of time.

Posted by Sslee > 2021-12-08 14:18 | Report Abuse

Ann. Date
Ex Date
Payment Date
Type
Subject
Amount
23-Nov-2021 08-Dec-2021 30-Dec-2021 DIVIDEND Third Interim Dividend RM 0.0175

Another dividend of 1.75 cents on the way to your account on 30 Dec 2021

Posted by stockraider > 2021-12-08 14:22 | Report Abuse

Bplant Alot of $$$$$$$$$$$$$$ coming loh!


Posted by Sslee > Dec 8, 2021 2:18 PM | Report Abuse

Ann. Date
Ex Date
Payment Date
Type
Subject
Amount
23-Nov-2021 08-Dec-2021 30-Dec-2021 DIVIDEND Third Interim Dividend RM 0.0175

Another dividend of 1.75 cents on the way to your account on 30 Dec 2021

Posted by Asia88 > 2021-12-08 22:00 | Report Abuse

true. but hopefully q4 can get at least RM80 mil profit. then 5 sen dividend.

Posted by Johnzhang > 2021-12-10 11:31 | Report Abuse

Some Investors may be concern of the labour and fertilizer cost increase on plantation company’s performance in 2022. The IBs and media are very prone to look at only one side of the equation and they seriously lack professionalism.

My view is oil palm plantation will still be laughing to the banks next year. Mind you that most big time CPO traders expect CPO to trade above $5,000 during Jan-Mac 2022 and between $4,000 to $5,000 during Apr-Dec 2022.

Cost of production (at estate level) during recent years (2017-2020) were $1,500 -$1,800 pmt CPO depending on the cost efficiency of each planter.
Average CPO price over same period (2017-2020) was about $2,490 pmt as shown in the calculation below :
2017 $2,800
2018 $2,150
2019 $2,250
2020 $2,760
-----------------
Avg $2,490
=================
Therefore, average Gross Margin in past recent years enjoyed by planters were $990 to $690 pmt CPO. (ie average CPO price $2,490 minus cost of production $1,500 to $1,800).

Due to higher labour and fertilizer costs, the cost of production is expected to increase by max. $300 pmt CPO basis. The new cost of production for 2022 shall be $1,800 -$2,100 pmt CPO.
Based on 2022's CPO price forecasted by big time CPO traders averaging $4,500 , the Gross Margin of the planters will be $2,700 to 2,400 pmt CPO.

2022's Gross Margin is 2.7 times to 3.5 times higher than the average of 2017-2020.

Just for sharing.

Posted by MuttsInvestor > 2021-12-10 12:07 | Report Abuse

Big plantation .... likely to Optimise usage of Fertilizer . so Expect drop in Production . Both Malaysia and Indonesia will import less fertilizer.

Posted by MuttsInvestor > 2021-12-10 12:08 | Report Abuse

Already..... producers in China and Asia are Banning Exports to conserve for internal use. Do the Maths.

Posted by CharlesT > 2021-12-10 12:08 | Report Abuse

One of the most profitable biz in the world

Lots of cash

Posted by MuttsInvestor > 2021-12-10 12:10 | Report Abuse

Personally .... I expect a higher reduction of CPO production in 2022 than what the Experts had predicted.

Posted by stockraider > 2021-12-10 12:10 | Report Abuse

Correctloh...if u factor in increase in cost of 10%...the production cost of CPO is Rm 2750 m/t.

Current CPO future 12 mths average ( Average from future Jan 2022 to Dec 2022) pm 4250!

U still talking about very outstanding Gross Margin of about 36% compare to usual 10% mah!

Plantation will record sky high profit going fwd loh!

Btw...usual norm of cost of production is only around Rm 2200 per tonnes!

Posted by Johnzhang > Dec 10, 2021 11:33 AM | Report Abuse

Some Investors may be concern of the labour and fertilizer cost increase on plantation company’s performance in 2022. The IBs and media are very prone to look at only one side of the equation and they seriously lack professionalism.

My view is oil palm plantation will still be laughing to the banks next year. Mind you that most big time CPO traders expect CPO to trade above $5,000 during Jan-Mac 2022 and between $4,000 to $5,000 during Apr-Dec 2022.

Cost of production (at estate level) during recent years (2017-2020) were $1,500 -$1,800 pmt CPO depending on the cost efficiency of each planter.
Average CPO price over same period (2017-2020) was about $2,490 pmt as shown in the calculation below :
2017 $2,800
2018 $2,150
2019 $2,250
2020 $2,760
-----------------
Avg $2,490
=================
Therefore, average Gross Margin in past recent years enjoyed by planters were $990 to $690 pmt CPO. (ie average CPO price $2,490 minus cost of production $1,500 to $1,800).

Due to higher labour and fertilizer costs, the cost of production is expected to increase by max. $300 pmt CPO basis. The new cost of production for 2022 shall be $1,800 -$2,100 pmt CPO.
Based on 2022's CPO price forecasted by big time CPO traders averaging $4,500 , the Gross Margin of the planters will be $2,700 to 2,400 pmt CPO.

2022's Gross Margin is 2.7 times to 3.5 times higher than the average of 2017-2020.

Just for sharing.

Posted by calvintaneng > 2021-12-10 12:14 | Report Abuse

Very good

Ok Calvin will reinvest all Bplant dividend by adding even more Bplant shares

Posted by Johnzhang > 2021-12-10 13:56 | Report Abuse

Bplant's 2020 annual report page 38 (CEO's Review) stated that CPO cost of production for 2020 was $1,649/mt.

Posted by stockraider > 2021-12-10 13:59 | Report Abuse

Thats is 2020...say now is Rm 2,000 , they still make alot of profit as cpo now physical is still above rm 5,000.

Even we take Rm 4,000 there are still very huge profit mah!

Posted by Johnzhang > Dec 10, 2021 1:56 PM | Report Abuse

Bplant's 2020 annual report page 38 (CEO's Review) stated that CPO cost of production for 2020 was $1,649/mt.

Posted by CCWONG > 2021-12-10 14:29 | Report Abuse

I have mentioned earlier if all-in costs including after tax is RM2.5K/ton, with average CPO price of RM4K/ton, all oil palm cos are laughing to the banks.

RM2.5K/ton is the maximum, I give, nothing will go wrong.

Posted by MuttsInvestor > 2021-12-10 14:37 | Report Abuse

Personally ..... CPO prices is going to be more than Rm 4500/t on average next year (2022) . Indonesia if implement B40 diesel ( High chance due to high Cruel oil prices)..... Supply is going to be even tighter. Indo may decide to BAN exports of CPO. Allow only refined products for export.