BOUSTEAD PLANTATIONS BHD

KLSE (MYR): BPLANT (5254)

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16 people like this.

12,577 comment(s). Last comment by felixstella 2 months ago

Plantermen

2,224 posts

Posted by Plantermen > 2022-02-22 15:03 | Report Abuse

Connemara & Balau Estate in Bangi { next to Planters Haven} beside the Highway is under BPlant too. Part of Nottingham University is sitting on the land

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-02-22 15:23 | Report Abuse

Can close above 1.08 =D

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-02-22 15:40 | Report Abuse

Palm oil price is up up up =D

junclj

225 posts

Posted by junclj > 2022-02-22 15:54 | Report Abuse

rise too much today, need to take a rest. Need to do some price correction first. Frankly speaking, my average price was 1.077 and was trapped by this counter for many years ago. bplant won't just stop at RM1.00. Target price may reach to above RM1.50. Last time bplant was reached to RM1.60+ highest record.

dlau8899

915 posts

Posted by dlau8899 > 2022-02-22 16:00 | Report Abuse

1.10

Ayambrand

135 posts

Posted by Ayambrand > 2022-02-22 16:10 | Report Abuse

Can hold,superbull

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-02-22 16:21 | Report Abuse

Buyers are back gather at 1.00 =D

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-02-22 16:27 | Report Abuse

All the oil are up!!! Palm oil + Crude Oil! =D

Posted by Jonathan Keung > 2022-02-22 17:40 | Report Abuse

Coming days Investment analyst will upgrade or add Bplant to thier client's must buy list.

Posted by MuttsInvestor > 2022-02-22 18:55 | Report Abuse

LoL...... Happy Days are here.. ^^^^ $$$$$$ ^^^^

Calafate

314 posts

Posted by Calafate > 2022-02-22 19:23 | Report Abuse

Because Maybank has issued the only cover warrant, BPlant-CB.
And the tiger is probably worry on the share price hike everyday.

Posted by 888STOCK888 > Feb 22, 2022 11:18 AM | Report Abuse
Maybank only raise TP to 1.03....what a BS IB

dlau8899

915 posts

Posted by dlau8899 > 2022-02-22 19:59 | Report Abuse

Bplant, 4 cents dividend

calvintaneng

56,242 posts

Posted by calvintaneng > 2022-02-22 20:46 |

Post removed.Why?

Posted by Jonathan Keung > 2022-02-22 23:05 | Report Abuse

Never trust those Jokers { Bplant 3Q net profit increased & jump 5 fold } . ..to S96 million. Those " tin kosong " still pegged Bplant price at 1.03. theirl CPO price assumption at 3,400 - 3,600

Johnzhang

3,098 posts

Posted by Johnzhang > 2022-02-23 06:30 | Report Abuse

Just keep in mind that Bplant’s dividend for FY2022 shall be explosive!

Plantermen

2,224 posts

Posted by Plantermen > 2022-02-23 07:12 | Report Abuse

Coming 4th interim dividend paid out is 0.04 sen { Board may surprised the market with an additional unexpected special dividend announcement} for BPlant shareholders

Johnzhang

3,098 posts

Posted by Johnzhang > 2022-02-23 07:19 | Report Abuse

Do you guys notice that the 4th interim is going ex on 10/3 ! The management is very quick.
Ya, don't rule out special dividend in view of expected robust Q1 2022 results and 15sen/share capital gain from Kulai estate land which is already in pocket.
More asset monetisation to come in 2022.

Abba84

983 posts

Posted by Abba84 > 2022-02-23 08:08 | Report Abuse

The only drawback ar IBS not putting weights on BPl. Target Price .we dont see IBs moves in tandem with BPS growth n profits albeit ,riding TP only 1.03 by Maybnk.can it moves beyond 1.03?

gemfinder

6,880 posts

Posted by gemfinder > 2022-02-23 08:10 | Report Abuse

Canot folow ibs tp. All pick from thr sky one

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-02-23 08:46 | Report Abuse

Palm oil on record high, correction may come, I'll cash out 50% this morning and move to oil stock for the oil rally to come. :)

brianklc

1,624 posts

Posted by brianklc > 2022-02-23 09:11 | Report Abuse

Soy rallied yesterday…

brianklc

1,624 posts

Posted by brianklc > 2022-02-23 09:13 | Report Abuse

Btw, any rally in crude oil will have impact to palm oil too as companies will look at ratio of palm oil in biodiesel…

brianklc

1,624 posts

Posted by brianklc > 2022-02-23 09:16 | Report Abuse

Agree with the above comments in regards to special dividend as elections is coming next yr… just observe bplant movement before the previous election…

Posted by Jonathan Keung > 2022-02-23 09:41 | Report Abuse

SBO hit 70 cents & Brent crude touch USD 100 per barrel

ialatif

74 posts

Posted by ialatif > 2022-02-23 10:25 | Report Abuse

Average target price 1.78

brianklc

1,624 posts

Posted by brianklc > 2022-02-23 11:05 | Report Abuse

Mar FCPO- 6.43k, Apr FCPO- 6.17k

RJ87

5,133 posts

Posted by RJ87 > 2022-02-23 13:00 | Report Abuse

Maybank issued SCW. Tiger also pee in his pants if he put TP RM2

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Abba84 The only drawback ar IBS not putting weights on BPl. Target Price .we dont see IBs moves in tandem with BPS growth n profits albeit ,riding TP only 1.03 by Maybnk.can it moves beyond 1.03?

gemfinder

6,880 posts

Posted by gemfinder > 2022-02-23 13:17 |

Post removed.Why?

Plantermen

2,224 posts

Posted by Plantermen > 2022-02-23 14:03 | Report Abuse

Without disrespect to any planter's sifu. When CPO prices surging past $ 4,000 per tonne in late Dec 2020 { FCPO } last 2 years. no experienced planter's worth its salt will cut down the tress and embark on a replanting program. Immature palms take app 30-36 months for the trees to bear fruits. Apart from the tree replanting. You need to have the nursery set up and the trees clone order from the breeder. Plus the soils rejunevated. If not done properly and if the wood chips not removed { ganderma rot may set in } the young immature palms need to be culled { a costly & time consuming affair } if under planting. certain estates management prefer to forgo under planting technique and go for the big hole technique. All this need a prolong time frame for the replanting exercise . With prices now at 6,400 per tonne { every tree stand is needed} MPOB asked to replant with the hybrid variety but at this price level. Every single tree is valuable & profitable. 30 years old so what it's bearing fruits

Calafate

314 posts

Posted by Calafate > 2022-02-23 15:46 | Report Abuse

Cleared 1.05 big rock!

ahuatwong

25 posts

Posted by ahuatwong > 2022-02-23 16:18 | Report Abuse

Hoping to hit 1.10 tomorow

Johnzhang

3,098 posts

Posted by Johnzhang > 2022-02-23 16:42 | Report Abuse

Someone try to place roadblock at $1.10!
Once this is cleared , I believe it is on road to $1.50 in a matter of a 2-3 weeks.

Posted by Jonathan Keung > 2022-02-23 16:51 | Report Abuse

CPO hit $6400+ per tonne

brianklc

1,624 posts

Posted by brianklc > 2022-02-23 17:07 | Report Abuse

Let’s dismantle 1.10 tomorrow

Ayambrand

135 posts

Posted by Ayambrand > 2022-02-23 17:14 | Report Abuse

plantation index green, but why Thplant is not like bplant, klk?

brianklc

1,624 posts

Posted by brianklc > 2022-02-23 17:24 | Report Abuse

THPlant got biological assets write down…

rusliasas

69 posts

Posted by rusliasas > 2022-02-23 17:47 | Report Abuse

I like this stock but I have to sell it as I can't wait to reap the profit @ holding cost 0.61. Tq Bro Calvin

Posted by Jonathan Keung > 2022-02-23 18:41 | Report Abuse

Wait for the special dividend { land sale } announcement

brianklc

1,624 posts

Posted by brianklc > 2022-02-23 18:46 | Report Abuse

Interesting to see Dec 2022 futures already at 5k…

brianklc

1,624 posts

Posted by brianklc > 2022-02-23 19:11 | Report Abuse

Meanwhile in Ukraine, the major sunflower oil exporter

gemfinder

6,880 posts

Posted by gemfinder > 2022-02-23 19:41 |

Post removed.Why?

RJ87

5,133 posts

Posted by RJ87 > 2022-02-23 20:21 | Report Abuse

No disrespect. 2018-2019, bplant bought new estate and found out the tree were old. They already engaged in replanting with new breed 3 years ago. It's just beginning to bear fruit before peaking in next 2 years.

==========================================
Plantermen Without disrespect to any planter's sifu. When CPO prices surging past $ 4,000 per tonne in late Dec 2020 { FCPO } last 2 years. no experienced planter's worth its salt will cut down the tress and embark on a replanting program. Immature palms take app 30-36 months for the trees to bear fruits. Apart from the tree replanting. You need to have the nursery set up and the trees clone order from the breeder. Plus the soils rejunevated. If not done properly and if the wood chips not removed { ganderma rot may set in } the young immature palms need to be culled { a costly & time consuming affair } if under planting. certain estates management prefer to forgo under planting technique and go for the big hole technique. All this need a prolong time frame for the replanting exercise . With prices now at 6,400 per tonne { every tree stand is needed} MPOB asked to replant with the hybrid variety but at this price level. Every single tree is valuable & profitable. 30 years old so what it's bearing fruits

brianklc

1,624 posts

Posted by brianklc > 2022-02-23 20:47 | Report Abuse

With labour shortage, it’s not no fruit to harvest. It’s not enough hands to harvest, and the fruits are left to rot…

Johnzhang

3,098 posts

Posted by Johnzhang > 2022-02-23 21:34 | Report Abuse

labour shortage may cause 5% production loss. But 5% CPO supply shortage amid already very tight inventory level can cause 30% price surge. The consumers end up paying a lot more for labour shortage problem, not the plantations. Hahahaha.....

Plantermen

2,224 posts

Posted by Plantermen > 2022-02-23 21:56 | Report Abuse

Labour shortages may delay harvesting & longer rounds. workers will be redeploy from pruning , mainteance { pest control} or general workers to cope up with the estate harvesting work. Fruits quality indirectly may be affected { higher FFA}. In addition contract workers { sub contractors} will be employ and directed to help out at specific localities. Sub contractor have the means to bring in the extra workers if the price is right. Only the taller palms will be delayed. FFB is the golden crop

Johnzhang

3,098 posts

Posted by Johnzhang > 2022-02-23 22:00 | Report Abuse

@plantermen, from what you wrote i can tell that you are genuinely a planter. cheers!

brianklc

1,624 posts

Posted by brianklc > 2022-02-24 09:14 | Report Abuse

Plantations all up

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