Mickey, lurker comes from another world, his millionaire fren eats steam food, and his logic of recession creating demand destruction due to more millionaires who only eats steam food are born during recession
y he says tht? coz he claims that he sold off before div payout.. n like what u pointed out, he hard sell bplant no long before he roti canai.. exactly like wht kyy did to subur
high Cpo prices. bplant is one of more efficient planters that sell spot to capture full value
Plus Bplant's Peninsular lands are of immense value
Kulai lands were just sold to Ytl power for a whopping Rm261,000 per acre and very high profit of over Rm190,000 per acre which enabled bplant to give 7.3 sen profit
Bplant still got lots of prime valuable lands to be sold and unlock more value as well
one example is it's lands near Batu Kawan and is worth almost Rm1 billions current value
so we can expect more dividends from Bplant if Cpo maintain at Rm3500 to Rm5000'range
Securing estate workers from Indonesia is an arduous task and time consuming. Migrant workers either at Lombok and Pekan Baru prefer to work at bigger owned estates {and not the smaller ones} Pitching in and securing their working visas { both Indonesia and Malaysia} are time consuming. In essence only the agencies have the so called contact and network to secure the permits. Oh! money is paid {partly} upfront without knowing their actual arrival dates. My contractor have promised the workers to come in Dec last year { until now not a single worker's has arrived}
For those who bought at 50sen or below in 2020, their share will soon be free of charge. Total dividend received since 2020 is 16.7 sen already. Conviction and perseverance pays off very well.
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....
Mikecyc
44,231 posts
Posted by Mikecyc > 2022-06-24 11:19 |
Post removed.Why?