BOUSTEAD PLANTATIONS BHD

KLSE (MYR): BPLANT (5254)

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16 people like this.

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

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-02-17 12:35 | Report Abuse

Let's guess what's MBB next TP? 1.88?

Posted by MuttsInvestor > 2022-02-17 13:08 | Report Abuse

""" brianklc ....In fact it will be up for a while as world does not trust Russia anymore """"

KEEP POLITICS OUT OF THIS FORUM !!! Warning given .

ahbah

6,238 posts

Posted by ahbah > 2022-02-17 13:17 | Report Abuse

We all here talk about plantation stks onli.

Plantation stks ... the new born bull$$$ in our mkt now ?

Albukhary

3,067 posts

Posted by Albukhary > 2022-02-17 13:45 | Report Abuse

So proud with BPLANT, been feeding it for few years, finally this son graduate and pay back all my investment together with handsome return.

brianklc

1,624 posts

Posted by brianklc > 2022-02-17 13:46 | Report Abuse

Foreign politics also applicable here? Don't cherry pick pls

Posted by Jonathan Keung > 2022-02-17 13:51 | Report Abuse

Bplant used to be fund's manager{s} favorite dividend play stock . Hopefully , Bplant with the enrich cash flow can regain the flavour .just declared higher payout after every qtr result announcement

Posted by MuttsInvestor > 2022-02-17 13:52 | Report Abuse

No !!!!! .... POLITICS or ANY THING that does not CONCERN BPLANT .... That includes my BAD dogs, aunties gossip , my piles , car issues, etc !!! That is BASIC forum behavior and manners.

Posted by MuttsInvestor > 2022-02-17 13:53 | Report Abuse

If you want to vent your OPINION ...GO to Lowyat Forums, etc .... Keep this strictly relation to BUSINESS and $$$$.

brianklc

1,624 posts

Posted by brianklc > 2022-02-17 13:55 | Report Abuse

halo, politics is the main driver of crude oil and commodities now, i presumed u have no idea on this? bplant is producing commodities, hence its closely related

brianklc

1,624 posts

Posted by brianklc > 2022-02-17 13:57 | Report Abuse

Its fact, not fiction, read Bloomberg and Reuters... do some reading before u comments pls

brianklc

1,624 posts

Posted by brianklc > 2022-02-17 14:00 | Report Abuse

Lots of useful information out there from reliable sources to refer to, suggest u read more

Plantermen

2,255 posts

Posted by Plantermen > 2022-02-17 14:04 | Report Abuse

Bplant acquired large tracts of Sabah land {planted estate} in 2018 and kitchen sinking exercise in 2019. Right timing during in 2018 when CPO was their lowest

calvintaneng

57,193 posts

Posted by calvintaneng > 2022-02-17 14:09 |

Post removed.Why?

brianklc

1,624 posts

Posted by brianklc > 2022-02-17 14:13 | Report Abuse

Plantermen, u have mentioned a very good point, would bplant writeback its impairment in FY21?

ahbah

6,238 posts

Posted by ahbah > 2022-02-17 14:25 | Report Abuse

Plantation stks ... still veri chip lah.

All still can go board the boat$$$ n make esi moni with no sweat n tear.

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-02-17 14:45 | Report Abuse

Can limit up today?

brianklc

1,624 posts

Posted by brianklc > 2022-02-17 14:47 | Report Abuse

once clear 930, it will hit 945 easily

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-02-17 14:48 | Report Abuse

Record profit + record dividend = record share price?

ahbah

6,238 posts

Posted by ahbah > 2022-02-17 14:53 | Report Abuse

Just get some first, then wait n see later.

brianklc

1,624 posts

Posted by brianklc > 2022-02-17 14:57 | Report Abuse

TAANN up 40 sen, TSH 13mi vol, bplant 830 690k shld be peanuts

ahbah

6,238 posts

Posted by ahbah > 2022-02-17 15:04 | Report Abuse

Korrect, Bplant chip like peanut onli !!!

Just get some n play play for entertainment.

calvintaneng

57,193 posts

Posted by calvintaneng > 2022-02-17 16:29 |

Post removed.Why?

brianklc

1,624 posts

Posted by brianklc > 2022-02-17 16:38 | Report Abuse

FCPO for Mar is trying to breach 6k now

Posted by MuttsInvestor > 2022-02-17 17:15 | Report Abuse

""" brianklc Its fact, not fiction, read Bloomberg and Reuters... do some reading before u comments pls '''' ..... You REALLy believe their " NEWS" ??????? .... ANyway ..... STOP this nonsense. TALK BPLANT and $$$$

Posted by MuttsInvestor > 2022-02-17 17:17 | Report Abuse

Any idea the NEXT Resistance level for Bplant ??? ,,,,,,, Already breach the 95cents level ...

brianklc

1,624 posts

Posted by brianklc > 2022-02-17 17:23 | Report Abuse

Mutts, pls spend more time reading and look at holistic rather than living in your own world. commodities price depends on lots of factors. and stop hallucinating, bplant not yet breach 95 cents... my god

brianklc

1,624 posts

Posted by brianklc > 2022-02-17 17:24 | Report Abuse

suggest u get new glasses too, bplant hit 935 highest today

ahbah

6,238 posts

Posted by ahbah > 2022-02-17 17:26 | Report Abuse

Why talk about resistance when still got mani people not yet masuk the

plantation sector ?

brianklc

1,624 posts

Posted by brianklc > 2022-02-17 17:29 | Report Abuse

he/she sold off some/all this morning la

brianklc

1,624 posts

Posted by brianklc > 2022-02-17 17:30 | Report Abuse

hopefully tomorrow is bplant turn to be TAANN

ahbah

6,238 posts

Posted by ahbah > 2022-02-17 17:33 | Report Abuse

U got see ah, still got mani people playing glove stks even though the

glove stks are veri, veri old bulls.

Plantation stks ... veri young n growing bulls, just a baby onli !

brianklc

1,624 posts

Posted by brianklc > 2022-02-17 18:00 | Report Abuse

Institution and foreign player just start to masuk only…

ahbah

6,238 posts

Posted by ahbah > 2022-02-17 18:08 | Report Abuse

Most people are still veri sceptical about plantation stks.

They think plantation stks are veri dull stks, no fun n excitement

playing plantation stks.

ahbah

6,238 posts

Posted by ahbah > 2022-02-17 18:10 | Report Abuse

Just try a little bit, n we can still got lots of fun n enjoyment playing

plantation stks lah.

Johnzhang

3,098 posts

Posted by Johnzhang > 2022-02-17 18:17 | Report Abuse

To me, bplant is a plantation stock with very exciting development ahead .
Operational performance for 2021 and 2022 (exclude asset monetisation gain) is at its BEST LEVEL since listing.
Gain from recent 680 ha Kulai estate disposal completed in Jan 2022 is 15sen per share. Ongoing disposal of the poorer performance estates in Sarawak will rake in substantial gain too as book value is exceptionally low.
Bpalnt share price has been trading around $1.20 -$1.30 in 2017/2018 with high achieved around $1.35 (all prices after adjusting for BI 2 for 5).
Bplant should cross $1.35 easily if management decide to pay half of the asset monetisation gain as special dividend. And this is with high possibility.
That's how I assess it.

Johnzhang

3,098 posts

Posted by Johnzhang > 2022-02-17 18:26 | Report Abuse

Local IBs have yet to say much after the Angmo JP Morgan's very positive view on plantation stock.
It is very embarrassing if local IBs don't follow suit. i think they will issue plantation sector upgrade and coverage on plantations counters with higher TPs soon.
When that come, price will surge

brianklc

1,624 posts

Posted by brianklc > 2022-02-17 18:44 | Report Abuse

John, I also wished for profit from sales to be distributed too, but I think they are somehow bound by page 8 of their announcement on 28 Sep. By looking at the Q122 outlook, I think they might opt to writeback the impairment in Q421 to justify a “special” dividend… Given Salihin Abang is in their board, he shld know that now is the best time to writeback the impairment… just my 2 cents…

Btw, this is a place for all to give their view, and not condemning others and give warning when some others have a different opinion….

brianklc

1,624 posts

Posted by brianklc > 2022-02-17 19:06 | Report Abuse

Btw, Mar FCPO closed at 5,970… congratulations to all who are still holding bplant tight, to those that have sold, u can always rejoin as the bull is just started… And bplant have additional “push” factors if u compare against other plantation stocks…

kmohan62

484 posts

Posted by kmohan62 > 2022-02-17 19:44 | Report Abuse

Local IBs will issue upgrade and buy call after their clients have accumulated sufficient amout of their own.
So don't wait for the jokers to make an upgrade call anytime now...perhaps maybe after a duration of a week or two from now is plausible...they may even write rosy analysis of Bplant...ascribing a target price of RM 1.50 to RM 2.00 for its excellent dividend payout policy and qhat not...

CCWONG

290 posts

Posted by CCWONG > 2022-02-17 20:24 | Report Abuse

I have always said that Bplant is for long term investor since early last year.

Make a little penny here and there is giving away your fortune.

Also, with the new Bplant's Management, they want to make things happen.

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-02-18 02:19 | Report Abuse

Like KLK, BPLANT should be trading at 2 to 3 x NAPS (1.18) = 2.38 - 3.50 due to its profit and dividend record.

Johnzhang

3,098 posts

Posted by Johnzhang > 2022-02-18 06:36 | Report Abuse

Plantation stock rally has just begun in Feb 2022. It appear to me that there is a lot more steam for this rally to continue for months. Like many other stock rallies, we may see some plantation's share price surge pass triple digit % increase. I will just lock up my plantation stocks to enjoy the once in a lifetime superb return.

GLOVE rally lasted 4 months to reach its peak (Apr 2020 to Aug 2020).
Supermax share price was around $1.63 (2/4/2020) to around $23.00 (7/8/2020), increase of 1,311%
Topglove was $6.40 (2/4/2020) to $28.00 (7/8/2020), increase of 338%
Harta was $6.80 to $21.00 , increase of 209%

STEEL rally lasted about 6 months to reach its peak(Nov 2020 to May 2021)
Anjoo share price was $0.60 (2/11/2020) to $3.10 (10/5/21), increase of 417%
SSteel was $0.42 to $1.20, increase of 186%
Melewar was $0.20 to $0.72 , increase of 260%.

Posted by Jonathan Keung > 2022-02-18 09:33 | Report Abuse

Coming qtr result will be very ... very good.look at the CPO price rally.

kmohan62

484 posts

Posted by kmohan62 > 2022-02-18 10:22 | Report Abuse

With CPO peeking at RM6000/ton,Bplant is looking at massive revenue and profit for the next few quarters.I am sure dividend payout rate will increase in tandem with a possibility of a special dividend in the near future.Naturally,its share price will keep rising.

brianklc

1,624 posts

Posted by brianklc > 2022-02-18 11:11 | Report Abuse

Mar FCPO breached 6k!

brianklc

1,624 posts

Posted by brianklc > 2022-02-18 11:37 | Report Abuse

any good results announcements for other plantations stocks will have indirect impact to the rest of the plantation counters... do observe the results announcements closely...

kmohan62

484 posts

Posted by kmohan62 > 2022-02-18 11:40 | Report Abuse

Unlike any other plantation counters that make erratic dividend payout,this counter is exceptional as it declares dividend consistently almost every quarter of its profit.This is most probably one of its substantial shareholder is Lembaga Tabung Angkatan Tentera [ LTAT ] which depends mostly on dividend payout from its investments for it has to declare dividend of its own to his primary stake holder who are predominantly retired members of the armed forces.

brianklc

1,624 posts

Posted by brianklc > 2022-02-18 12:27 | Report Abuse

If that is the case, any huge dividend payout for LTAT (Announced mid May each year) will have to come from Dec QTR payout of bstead, bplant, Pharma (already announced) and Affin

brianklc

1,624 posts

Posted by brianklc > 2022-02-18 12:30 | Report Abuse

4 cents more and each movement will be 1 cent instead of 0.5 cent

Posted by risktoreward > 2022-02-18 13:08 | Report Abuse

Big big spike coming soon

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