In AGM yesterday, it was mentioned that the management will get the disposal of whole Sarawak estates completed by end of this year . Once it is done, valuation will improve. Dividend will be consistently good if CPO price stay above $4,000/- in next few years.
Can keep in refrigerator also same with Jtiasa. Don't think share price can up above RM 1.now OMLY hope can maintain this price and get few cents dividend. Hahahahahaha
Sarawak Estate is a joint venture betw Pelita and Bstead. Kanowit is a big estate but only draw back is the high planting cost {peat soil} whether is a good deal really relies & depends on the pricing. Initial entry price is very low vs current Cpo valuation. Need to wait for more details
2022 - 7.3ct 2021 - 8.35ct 2020 - 1.00ct 2019 - 1.00ct 2018 - 7.00ct 2017 - 19.50ct 2016 - 14.50ct 2015 - 13.0ct 2014 - 6.00ct Total = 77.65ct (Over a period of 9 years & 2022 is still going to receive dividends).
So, for me, investing in Bplant for long term dividend payment basis, will very soon ensure my Bplant is FOC (free of charge) because I will continue to receive dividends from Bplant.
The above is actual record from Bplant's website.
One day, if something excellent comes out from Bplant benefiting LT shareholders, I will reap a huge financial jackpot while my Bplant is already FOC, and this is a wise investment policy I hold & advocate.
Bplant still unperformed despite good dividend and relative strong performance. Problem lies with LTAT disposing and rebalancing their portfolio. If a competent Fund manager will do a reverse strategy. After all Boustead holds 57% and LTAT another 12%. A combined stake of 69% plus other GLic link institution's another 5% just push it up
Best of times or worst of times when market uncertainty hits every sector. Either you win big { picking up sector oversold or be a lemon } one last word .food inflation, high fuel coat & high commodities prices is here to stay.
@ Yippy Circumstances has changed. Global uncertainties. Volatile markets. Cash out. Convert equities to cash. Sell low and hopeful there's an opportunity to buy it back lower.
FCPO dropped below 4500. bplant will drop back to 50 sens. as i say 2 months ago, take profit or cut loss later. now is the time when you will see who is the real sifu. those that shout to buy all hiding in cave now...shameless
Not me this is plantationgameover trap at RM4.60 in Harta:
plantationgameover Anxious:
I will considering re-entering Harta at RM1.50. By then Top Glove will probably be RM0.50.
At RM1.50, I'd be able to buy twice the amount of shares I had when I exited and that would give me a better chance to recover some of my losses in this counter over the long term.
When all this supply and demand imbalance is over, Harta and Top Glove should still be around.
Its just that in the short/medium term, I think it will continue to drop as long as big players like EPF and other funds continue to sell.
How I wished I had sold earlier and what an expensive lesson it has been for me.
3 hours ago
don't worry, you will soon regret again for thinking that you can time the market. according to you logic, you can buy much more harta at 50 sens than RM1.50. so why not wait at 50 sens? if you look at the price everyday, you will not be a successful investor. my average price is 4.60 and i have 0 worries no matter how low it goes. Because i invest with money i dont need and i believe in the management's track records more than EPF. EPF is just a dumb trader that buy high sell low, just see their recent performance for Q1.
If you want fast money, dont invest in market. It's a waste of time and waste of money. better to use the money to enjoy life than to worry so much everyday
Posted by plantationgameover > Jun 22, 2022 8:27 PM | Report Abuse
pump and dump. listen to the konman again go holland as always. FCPO drop below 4500 today. TSH will go below RM1. Those that stubborn, will see their money disappear once again like what happen to gloves. Plantation game over. I say this 2 months ago and now it become a reality. Listen more to all these sinkalan sifu, do so much analysis but make 0 money. such a shame.
Someone actually use his pasar malam TA reader to promoted PA Techical Chart reading at PEAK price and then run away with tail between his legs when PA did not perform.
You have seen nothing yet on Petronm untill you see the next quarter earning. This one is from my FA analysis and not some TA reader from pasar malam.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Johnzhang
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Posted by Johnzhang > 2022-06-15 15:47 | Report Abuse
In AGM yesterday, it was mentioned that the management will get the disposal of whole Sarawak estates completed by end of this year . Once it is done, valuation will improve. Dividend will be consistently good if CPO price stay above $4,000/- in next few years.