Posted by gemfinder > 2022-03-07 13:26 | Report Abuse

Wil turn green soon

Posted by Ayambrand > 2022-03-07 13:43 | Report Abuse

Just wait,time will come

Posted by maestro85 > 2022-03-07 14:31 | Report Abuse

ex divident date 9th march. hold and it will rebound.

Posted by Asia88 > 2022-03-07 14:52 | Report Abuse

ini kalilah. kita sapu

Posted by dragon328 > 2022-03-07 14:58 | Report Abuse

Any reason why LTAT keeps selling BPlant?

Posted by maestro85 > 2022-03-07 15:10 | Report Abuse

maybe want to give dividend 4.1%

Posted by brianklc > 2022-03-07 15:21 | Report Abuse

it can be due to a lot of reason, to pay dividend, to mitigate portfolio concentration risk etc

Posted by StartOfTheBull > 2022-03-07 15:22 | Report Abuse

LTAT profit taking could be the reason.

Posted by maestro85 > 2022-03-07 15:22 | Report Abuse

just before 9th, plenty will come

Posted by maestro85 > 2022-03-07 15:35 | Report Abuse

what happen to bursa since last friday??almost all counter 5% to 10% drop

Posted by brianklc > 2022-03-07 15:36 | Report Abuse

if profit taking, means they will buy back eventually

Posted by maestro85 > 2022-03-07 15:42 | Report Abuse

very easy for them to manipulate

Posted by brianklc > 2022-03-07 16:18 | Report Abuse

US and Europe to ban Russian oil, so market selldown, despite CPO and Crude Oil up. Hence, this is a temporary situation

Posted by TehCPing > 2022-03-07 16:50 | Report Abuse

What happen to bursa Malaysia? All stock so red and continue to red. World war 3? Looks like 1st MCO situation, price rapid drop. Any master know what happen?

Posted by titan3322 > 2022-03-07 17:12 | Report Abuse

Past 2 weeks market overbought now correction but plantaions will come back just as fast looking at the CPO futures you can tell lor

Posted by maestro85 > 2022-03-07 20:41 | Report Abuse

https://www.theedgemarkets.com/article/analyst-fry-uptick-palm-oil-output-year-insufficient-meet-demand

Posted by Johnzhang > 2022-03-08 06:24 | Report Abuse

Shoppers scramble for staples as food fallout from war spread

March 07, 2022 22:40 pm +08

ISTANBUL/LONDON/CAIRO (March 7): The shockwaves in global crop markets from Russia's invasion of Ukraine are now spreading to store shelves.

Worries about surging sunflower oil prices triggered heavy buying over the weekend in Turkey, as footage of citizens trying to grab tins of cheaper oil at one store went viral. In Egypt, the world's biggest wheat importer, prices for some unsubsidised bread have jumped in the past week.

The war has already driven wheat prices nearly 70% higher in Chicago this year and is threatening to upend global food trade ? Russia and Ukraine are vital suppliers of grains, vegetable oil, and fertilisers, which means that supply disruptions will be felt all over the world. Wheat prices have reached levels last seen during the 2008 global food-price crisis ? which helped spark widespread protests ? and a United Nations index of food prices hit a record in February.
In Turkey, sunflower oil is the main cooking oil and a key component of food spending. Images of a 18-litre tin being sold for 989 liras (US$69) spurred debates on the cost of living, while the item was not available at all on the websites of some grocery chains.

The concern over sunflower oil prices is related to imports stuck at ships at the Sea of Azov, the north-eastern tip of the Black Sea, according to Ahmet Atici, secretary-general of the Vegetable Oil Industry. The group sent a letter to the Trade Ministry earlier this month, warning that current supplies might last only to mid-April.

A trade group in the European Union has warned it could run dry of sunflower oil by a similar time, with the lost volumes from Ukraine impossible to offset .

Ukraine and Russia together account for about three quarters of global exports of sunflower oil.

Posted by Plantermen > 2022-03-08 07:10 | Report Abuse

Yes. MR Zhang. No other alternatives to the supply of edible oiks under current situation. Sunflower oil disruption is going to hit hard. With the war in Ukraine whatever agri re-planting activities will be off the table. Fields damaged, ports damaged, conscription and joining army in the fight, people fleding to neighbouring countries. This is going to hit hard on the consumers. Oil prices rocket up, food grains & edible cooking oils in short supply. CPO is in a rare sweet spot

Posted by brianklc > 2022-03-08 09:40 | Report Abuse

Tomorrow last day to get cum div?

Posted by brianklc > 2022-03-08 09:49 | Report Abuse

https://www.theedgemarkets.com/article/bursa-malaysia-opens-lower-fears-over-high-energy-commodity-prices

Posted by brianklc > 2022-03-08 09:49 | Report Abuse

No fear, bplant is commodity

Posted by maestro85 > 2022-03-08 09:55 | Report Abuse

pity to those who dumped out of fear for the last two days

Posted by brianklc > 2022-03-08 10:07 | Report Abuse

maestro, they can always buy back. the elevated CPO is here to stay. Everyone can be happy

Posted by titan3322 > 2022-03-08 10:32 | Report Abuse

Smart foreign funds are buying into Msian stocks now why not both crude oil and palm oil msia are major producer and rettailers are satisfied with peanuts gain

Posted by 888STOCK888 > 2022-03-08 11:05 | Report Abuse

Sapu for dividend =D

Posted by Investformilkmoney > 2022-03-08 12:19 | Report Abuse

Just checking, does plantation also have quarterly dividend similar as REIT?

Posted by TehCPing > 2022-03-08 15:54 | Report Abuse

I can?t find their dividend policy, maybe any master here can link us to boustead plantation dividend policy. Been holding it since last year. And I get dividend 3 times in a roll. Their business strategy is somewhat similar to REIT. Beside owning plantation, their rent/lease, manage plantation land from others

Posted by wallstreetrookie > 2022-03-08 16:26 | Report Abuse

Buy more.

Posted by Jonathan Keung > 2022-03-08 16:40 | Report Abuse

Strong closing Bplant.guys

Posted by TehCPing > 2022-03-08 16:44 | Report Abuse

I buy abit at 1.07

Posted by maestro85 > 2022-03-08 17:51 | Report Abuse

good ending. Tomorrow hopefully will increase more due to last day for dividend. Hold tight comrade

Posted by maestro85 > 2022-03-08 20:20 | Report Abuse

not tomorrow sorry. On 10th

Posted by brianklc > 2022-03-08 20:31 | Report Abuse

Tomorrow is last day. 10th is ex div

Posted by RJ87 > 2022-03-08 20:59 | Report Abuse

got big difference. CPO can double. Rental can't.

Yield per hectare can increase. Numbers of unit in a building is fixed. If already 90% tenanted, most also another 10%

Oil palm can improve operation efficiency. REIT install smart LED is it?

Agriland convert to industrial or commercial land. 2-6X from asset appreciation. REIT? Nobody flip commercial property one boh.
---------------------------------------
TehCPing

I can?t find their dividend policy, maybe any master here can link us to boustead plantation dividend policy. Been holding it since last year. And I get dividend 3 times in a roll. Their business strategy is somewhat similar to REIT. Beside owning plantation, their rent/lease, manage plantation land from others

Posted by StartOfTheBull > 2022-03-08 21:03 | Report Abuse

The dividend policy is at least 60% of the audited profit after tax and zakat of a financial year.
More details can be found in its annual report.

Posted by Investformilkmoney > 2022-03-08 21:15 | Report Abuse

Transfer REIT to plantation this year

Posted by brianklc > 2022-03-08 22:12 | Report Abuse

REIT is subject to 10% withholding tax on dividend

Posted by calvintaneng > 2022-03-08 22:17 |

Post removed.Why?

Posted by TehCPing > 2022-03-08 22:24 | Report Abuse

Thank you all master for the information

Posted by Abba84 > 2022-03-08 23:23 | Report Abuse

Wen CPO price over the roof is considered demand destructive.

Posted by brianklc > 2022-03-09 02:00 | Report Abuse

The impact of CPO price is insignificant to each persons spending unlike crude oil. And furthermore, unlike crude oil, edible oils are originally having supply disruption with or without the war due to reasons which u can read online. Its just not enough for supply to cope with demand for now. Yes, Soya and Sunflower can mature faster, but this takes time, climate change affects its production. Not to forget, unless Ukraine conflict stops immediately, else sunflower oil production will be delayed further. So its not right to say demand destruction when there is a supply disruption.

Posted by brianklc > 2022-03-09 02:07 | Report Abuse

CPO price can only be lower after our economy has open up, more foreign workers to do harvesting, resulting CPO supply to increase, price to go down. This takes time, labour MOU needs to be signed between gov.

Posted by brianklc > 2022-03-09 02:14 | Report Abuse

US and UK have just announced sanctions on O&G. In the coming months, due to high crude oil, Indonesia will not let loose its current policy on local consumption and biodiesel. Hence, though elevated, the current CPO price will most likely to stay due to SUPPLY DISRUPTION.

Posted by brianklc > 2022-03-09 02:28 | Report Abuse

Meanwhile for broad Malaysia perspective, with good crude oil and CPO price, its going to be a good year for us. Border reopening on 1 Apr will cause a multiplier effect on economy. Local consumption will get a boost. Let?s see how investors response this week.

Posted by oldchinaman > 2022-03-09 15:38 | Report Abuse

Added another 300K shares @ 1.13

NORISKNOGAIN

Posted by wallstreetrookie > 2022-03-09 15:57 | Report Abuse

All in if I have money

Posted by wallstreetrookie > 2022-03-09 15:58 | Report Abuse

Buy more on dips

Posted by wallstreetrookie > 2022-03-09 15:58 | Report Abuse

Boustead Plantation - Supermax level growth incoming

Posted by wallstreetrookie > 2022-03-09 15:58 | Report Abuse

Analysts are going to upgrade their EPS estimates. To the moon!!!

Posted by wallstreetrookie > 2022-03-09 15:58 | Report Abuse

Do not ever sell Boustead Plantation unless it hits RM5.00