Posted by Mikecyc > 2022-07-03 17:16 | Report Abuse

Haha i3alert , these r the figures that copy n paste :

FY22 (Q1)
Borrowings 451,638
Borrowings 410,330

Total just add up = 861,968

Your figures : Bplant's borrowings
1) FY22 (Q1) : 979.130M ???

Haha is a Good Question : FY20( Q2 ) minus FY22(Q1) : Borrowings is Less 499,788,000....all is from sold plantation assets ke ??

Just noticed yr source is on :

TSH RESOURCES BERHAD
Registration No : 197901005269 (49548-D) (Incorporated in Malaysia)

Posted by brianklc > 2022-07-03 18:15 | Report Abuse

Mickey, why r u showing borrowings? To tell tht bplant not paying tht much loans? Have u considered how much dividend bplant paid over the period? Have u considered also 298m cash at bank balance as of 31 Mar?

Posted by brianklc > 2022-07-03 18:17 | Report Abuse

U can’t compare a high dividend paying co vs low dividend paying co. If bplant doesn’t pay dividend for 2 yrs, it’s borrowings would have been paid off entirely already. BUT, u will say bplant not paying dividend. It’s a chicken and egg topic.

Posted by brianklc > 2022-07-03 18:41 | Report Abuse

When analyse facts, it has to be comprehensive n not cherry picking “facts”… must analyse “facts” in its entirety, numbers do tells stories…

Posted by i3lurker > 2022-07-03 18:42 | Report Abuse

hedge funds will always refuse to buy shares of any company without gearing.
Especially US hedge funds.
thats running a business sub-optimally, growth is usually substandard for such companies.

Posted by i3lurker > 2022-07-03 18:42 | Report Abuse

Cheat You Crazy being just a mere Macau Scammer having a table next to office toilet have totally no idea how Real Business is done.

Posted by DickyMe2 > 2022-07-03 19:03 |

Post removed.Why?

Posted by i3lurker > 2022-07-03 19:06 | Report Abuse

as usual
You are 100% right!!
thats after a 1 for 1 Bonus



DickyMe2

Nevertheless, 50 is coming soon.

1 minute ago

Posted by Johnzhang > 2022-07-03 19:17 | Report Abuse

Having borrowing is not a problem at all if the business generate enough positive cashflow to service the loan . In the case of Bplant the cash flow from operations has been very strong in last few years and shall still be positive so long CPO is above $3,000 pmt.

Posted by Johnzhang > 2022-07-03 19:19 | Report Abuse

After the Sarawak estate divestment hopefully can be completed by end 2022 , Bplant shall be debt free .

Posted by i3lurker > 2022-07-03 19:30 | Report Abuse

Lady Z - will NOT dip below 4,500.00

translated from Russian to Malglish - Will dip below 4,500.00

Posted by Mikecyc > 2022-07-03 19:47 |

Post removed.Why?

Posted by Mikecyc > 2022-07-03 19:51 | Report Abuse

Referred to FY22 ( Q1 ) ended March :

a) Financial assets

Trade and other receivables 54,408,000

Cash and bank balances 298,113,000


= 352,521,000

minus Dividend - 163,520,000

Total = 189,001,000

Note : Gain on disposal of plantation assets = 364,077,000


b) Financial liabilities

Loans and borrowings 861,968,000

Trade and other payables 115,113,000

Lease liabilities —

total = 977,081,000


a) - b ) = ( 788,080,000 )

Posted by Mikecyc > 2022-07-03 19:56 | Report Abuse

Haha i3alert as posted earlier , article before year 2022 :


>> It pointed out that since listing in 2014, Boustead Plantations has sold 2,164 hectare of land, raised RM1bil in gross proceeds, and recognised total disposal gains of RM900mil. It has also paid out RM1bil in total dividends since listing.

Posted by Mikecyc > 2022-07-03 20:02 | Report Abuse

Haha callvin gang is promoted fr ard 70 sen to 1.22 sen ...why ppl here beloved Bplant ke ... still is not cut win ke ....

Posted by brianklc > 2022-07-03 20:13 | Report Abuse

Mickey, I really lazy to argue with u, liability u took all except DTL n tax liability, but for assets u did not take all assets, ok, u win, net current asset and net asset position let u talk until net liability… Mickey is the best! Graduated from University of Disney… Mickey knows best!

Posted by brianklc > 2022-07-03 20:14 | Report Abuse

With ur robust Accounting analysis, u have downgrade All Big 4 to pariah status… well done!

Posted by Mikecyc > 2022-07-03 20:45 | Report Abuse

Haha briankcc is the Best loh ...hahahaha

the format is taken from one of plantation with timber company annual report ( not included minus dividend ) ....

Posted by i3lurker > 2022-07-03 20:46 | Report Abuse

accounting is flex-time
if you hit a Debit, up pops a Credit
and thats the Theory of Double Entry

Thats why companies like Serba can never ever escape with fraudulent transactions.

and thats the Entire Reason why we never ever talk to paid low ranking lowest of the Low Macau Scammer that the Big Macau Scammer Boss put near the office toilet.

Posted by Mikecyc > 2022-07-03 20:48 | Report Abuse

Haha briankcc is graduated from Niama crying bayi U ke ... hahahahaha

Posted by Mikecyc > 2022-07-03 20:51 |

Post removed.Why?

Posted by Mikecyc > 2022-07-03 20:58 | Report Abuse

Haha if like TDM financial gimmicks is just to rectified ... rectified on year 2019 .. then 2019 n 2018 is in Huge Loss ...

Posted by Mikecyc > 2022-07-03 21:04 | Report Abuse

Oh TDM since then 2018 , 2019, 2020 , 2021 .. is in Loss ...

Posted by PSAi3alert > 2022-07-03 21:30 | Report Abuse

i3lurker,

Yeah, I regret talking to the lowest of the low.

I felt bad that he was raped and Calvin posted the picture in his blog. Thought he needed someone to talk to.

His schizophrenic behavior is probably a result of the abuses he suffered in the past.


Posted by i3lurker > 36 minutes ago | Report Abuse

and thats the Entire Reason why we never ever talk to paid low ranking lowest of the Low Macau Scammer that the Big Macau Scammer Boss put near the office toilet.


----

Posted by Mikecyc > 3 days ago | Report Abuse

Haha calvin is bullied me with a rape photo in his blog ... telling how High n how Great he is ....

Posted by brianklc > 2022-07-04 00:29 | Report Abuse

Lucky Mickey is not from Accounting firm, else Bursa will full of Serba. Well, seeing wht u posted, I can confirm u Graduated from University of Disney and got a PHD in Mickey Accounting… Serba shld have hire u for their SIR…

Posted by brianklc > 2022-07-04 00:32 | Report Abuse

PSA, seeing what u posted, it makes me regret too man! schizophrenic is best word to describe Mickey… nvr come across in my mine a sane person would interpret a net asset position co into a highly debt co, n have totally disregard for the generous dividend payout policy…

Posted by brianklc > 2022-07-04 00:36 | Report Abuse

Guys, let’s not respond to Mickey n let him fart till he out of gas… we will forever can’t outsmart a PHD holder in Mickey Accounting from University of Disney…

Posted by Mikecyc > 2022-07-04 01:33 |

Post removed.Why?

Posted by Mikecyc > 2022-07-04 01:36 | Report Abuse

Haha especially i3alert same same as Pretender loh ... hahahahaha

Posted by Mikecyc > 2022-07-04 01:38 |

Post removed.Why?

Posted by Mikecyc > 2022-07-04 08:06 |

Post removed.Why?

Posted by Sslee > 2022-07-04 09:04 | Report Abuse

Forwarned someone can stay up very late and then wake up at 4am to write his hardly incomprehensible comments in i3.

Posted by i3lurker > 2022-07-04 09:10 | Report Abuse

its Zombies propagation,
got bitten becomes a Zombie also

those bullied and raped becomes serial Bullies and serial Rapists as well.

Read carefully,
the Macau Scammer with table at toilet has got zero compassion...

=====================================
The Niama cry bayi .. let him cry here loh ... hahahaha.
=====================================

Posted by Mikecyc > 2022-07-04 09:36 |

Post removed.Why?

Posted by Mikecyc > 2022-07-04 09:39 | Report Abuse

Oh one more thing , this is public forum will have positive n opposite views for own homework , own analysis , own DecisionS ...

Posted by Johnzhang > 2022-07-04 13:50 | Report Abuse

I think Bstead holdings’ MBO has good chance to go thru.

Posted by Johnzhang > 2022-07-04 13:51 | Report Abuse

Bstead Group MD Shazali Ramly is someone influential enough to make things work . His credentials speak volume :
- April 2017 to June 2018 - Managing Director/Chief Executive Officer, Telekom Malaysia Berhad. - 2016 to 2017 - Regional Chief Executive Officer and Corporate Executive Vice President, Axiata Group Berhad. - 2005 to 2016 - Chief Executive Officer and Director, Celcom Axiata Berhad. - 1998 to 2005 - Chief Executive Officer, NTV7.

Posted by Johnzhang > 2022-07-04 13:54 | Report Abuse

Successful MBO of Bstead shall bring positive impact to Bplant too.

Posted by Johnzhang > 2022-07-04 13:58 | Report Abuse

Some Bplant’s investors are switching to Bstead today for MBO play ?
In longer term perspective, it is not necessary to take such action .

Posted by momo33 > 2022-07-04 14:08 | Report Abuse

KUALA LUMPUR (July 4): PublicInvest Research has maintained its “neutral” rating on the plantation sector and said Malaysian palm oil exporters may be facing stiffer competition in the coming months as Indonesia has proposed to raise palm oil export quotas last Friday due to excessive palm oil inventories in the world’s largest producing country.

In a sector update on Monday (July 4), the research house said following this announcement, crude palm oil (CPO) futures tumbled 4.2% or RM207 to RM4,703/mt.

“This does not bode well for Malaysian upstream plantation players as margins are shrinking sharply amid the high production costs.

“Maintain Neutral on the plantation outlook with a full-year CPO price forecast of RM5,000/mt,” it said.

Posted by i3lurker > 2022-07-04 15:05 | Report Abuse

subject to Russian embargo, crude oil may reach super high above USD300
https://nypost.com/2022/03/08/russia-warns-of-300-oil-if-us-europe-proceed-with-import-ban/

once that happens, biodiesel will be made from 100% Palm oil

:)

Posted by DickyMe2 > 2022-07-04 18:45 | Report Abuse

Maybe after year 2025, palm oil fruit will be available in wet markets like ChowKit, Selayang and Pudu. Beli 2 dapat 1 free(will rot in 2 days).

Posted by i3lurker > 2022-07-04 19:36 | Report Abuse

aiseh

it should be beli 1 dapat 1,000 percuma

Posted by brianklc > 2022-07-04 20:55 | Report Abuse

Dick, not just that, u will get it in ur wet dream and the palm oil fruits rots same like ur dxxk…

Posted by StartOfTheBull > 2022-07-04 21:23 |

Post removed.Why?

Posted by brianklc > 2022-07-04 21:29 | Report Abuse

Short dick tot by applying palm oil at his rotten dxxk, it cures his ED n god knows what he get from chow kit…

Posted by Johnzhang > 2022-07-05 10:51 | Report Abuse

Don’t waste the palm oil to fry his dick. Just feed it to the duck.

Posted by calvintaneng > 2022-07-06 00:00 | Report Abuse

BPLANT HAS 220,000 ACRES OF OIL PALM

NOW RECORD PROFITS WILL SEE HIGH DIVIDENDS

FARM LANDS OR PALM OIL: VIEWS FROM BILL GATES, JEFF BEZOS & WARREN BUFFET, Calvin Tan

https://sgx.i3investor.com/blogs/Jbhouseforsale/2022-07-05-story-h49563415-FARM_LANDS_OR_PALM_OIL_VIEWS_FROM_BILL_GATES_JEFF_BEZOS_WARREN_BUFFET_Cal.jsp

Posted by Mikecyc > 2022-07-06 06:26 | Report Abuse

Haha callvin is still very hardworking loh ....

Posted by Mikecyc > 2022-07-06 06:27 |

Post removed.Why?