Posted by RJ87 > 2022-08-05 19:06 | Report Abuse

U must have not known that last quarter 7.3sen solely from operation.
If Jan-Mac CPO price is lower than Apr - June. At minimum also 7.3sen + Landsale.

I'm waiting for landsale punya dividend.

Posted by Johnzhang > 2022-08-06 06:38 | Report Abuse

My guess for 2nd qtr dividend to be 5sen

Posted by Johnzhang > 2022-08-06 14:10 | Report Abuse

Bplant 2Q EPS should be around 6 sen from operations.
5sen 2nd interim should be within reach .

Posted by stockraider > 2022-08-06 14:52 | Report Abuse

U all are too optimistics on Bplant div payout loh!

If Bplant intend to maintain sustainable div every qtr, the 2nd qtr div should not be above 3.5 sen for long term affordability to pay loh!

Posted by RJ87 > 2022-08-06 20:34 | Report Abuse

Again, u don’t know bplant history. When make money, they pay dividend as they usually do. They stop when they dont.

When don’t make money from operation and need cash. They sell land. They never need to do PP or RI.

Posted by Plantermen > 2022-08-07 17:43 | Report Abuse

Bplant used to paid dividend every Qtr until the sharp drop in CPO prices and the price slump in soft commodities. Not forgetting the write off { kitchen sinking exercise} that dragged down their financials and the acquisition of the 2 parcel of Sabah estate's land for $750million {11, 579 acres} and another parcel for 397 million {4915 Ha} in 2018. Steep fall in CPO prices during the year 2018/2019 have resulted in BPlant incurring losses and stopped their qtr dividend payment. The key point is the possibility of writing back the loss provision and the additional special dividend for the land sale. Just keeping my fingers cross and not a buy call. Just my own analysis and personal take

Posted by Sslee > 2022-08-07 18:59 | Report Abuse

Bplant major controlling shareholders need money badly hence to them bplant is a cash cow that give them the needed cash flow thro' regular dividend and special dividend

I hold cash rich Insas but the problems is that the controlling shareholder are rich and do not need the dividend.

Posted by Mikecyc > 2022-08-08 14:35 |

Post removed.Why?

Posted by stockraider > 2022-08-08 15:47 | Report Abuse

We important mah!

Insas give u the defensive value of deep margin of safety whereas Bplant give u high earnings and high dividend yield loh!

This best mutual beneficial complementary investment combination mah!

Lu tau boh ?

Posted by Mikecyc > 2022-08-08 16:40 |

Post removed.Why?

Posted by onlyinvestment > 2022-08-08 21:58 | Report Abuse

Aiyo, another 2week answer will came out lol.No need wild guess, If got dividend then can buy guess jeans lol

Posted by titan3322 > 2022-08-10 11:37 | Report Abuse

Son is making money but the parents are bad

Posted by stockraider > 2022-08-10 12:57 | Report Abuse

U chase & marry the pretty daughter and not the ugly fat mother mah!

Posted by titan3322 > 1 hour ago | Report Abuse

Son is making money but the parents are bad

Posted by Jonathan Keung > 2022-08-10 18:38 | Report Abuse

The anecdote Bplant is the pretty daughter and LTAT is the wicked stepmother who squeeze $$$ out of her.

Posted by calvintaneng > 2022-08-10 19:57 | Report Abuse

Bplant at least very upfront and transparent

We will see more dividends soon

Posted by NorazmiAR > 2022-08-10 20:23 | Report Abuse

https://www.theedgemarkets.com/article/boustead-plantations-subsidiary-ventures-sustainable-technologydriven-commercial-crop-market

KUALA LUMPUR (Aug 10): Boustead Plantations Bhd’s (BPB) subsidiary Boustead Agro Plantations Sdn Bhd has signed a document of understanding (DOU) — with Pertubuhan Peladang Kawasan Kuala Langat (PPKKL) — to venture into the sustainable and technology-driven commercial crop market.

In a statement on Wednesday (Aug 10), it said the DOU establishes the cooperation between the two parties in initiating and developing a commercial crop project, namely for chilli and ginger, via a turnkey basis, with the utilisation of a smart fertigation system and smart farming Internet of Things.

Posted by titan3322 > 2022-08-10 20:57 | Report Abuse

Will sell the daughter nanti

Posted by StartOfTheBull > 2022-08-13 21:08 | Report Abuse

Ok guys, this is the English version.
https://m.malaysiakini.com/columns/631884

Posted by brianklc > 2022-08-14 09:54 | Report Abuse

https://www.theedgemarkets.com/article/ltat-take-over-boustead-naval-shipyard-boustead-holdings-mindef-proposes

Posted by brianklc > 2022-08-14 09:58 | Report Abuse

LTAT to take over BHIC, end of story. Even if this doesn’t happen, subsi will have to pump more dividend to BSTEAD. The gov will find ways to make BSTEAD got the dividend, such as finding buyer for bplant Sarawak land.

Posted by Johnzhang > 2022-08-14 10:32 | Report Abuse

A special purpose vehicle will be formed by the government to take over BNS relieving Bstead holdings and LTAT from the burden. In the end , rakyat food the bills.

Posted by ykloh > 2022-08-14 14:39 | Report Abuse

The SPV is meant to take the subject private and to deny public access to information on this scandal.

Posted by DickyMe10 > 2022-08-15 10:47 |

Post removed.Why?

Posted by Mikecyc > 2022-08-15 21:04 | Report Abuse

https://www.enanyang.my/node/493451

Posted by Plantermen > 2022-08-15 23:00 | Report Abuse

BNS was incorporated to take over the dockyard owned and managed by PSC { Penang shipbuilding corporation} owned by Amin Shah { once touted as Malaysian Onassis { the renowed Greek shipping tycoon}. Amin Shah took over the RMN mainteance dockyard} thru PSC { privatisation initiated by the Government of the day in the 90's} to built OPV vessel for the RMN. The OPV vessel was never delivered and LTAT took over the troubled PSC thru BHIC owned by Bstead and LTAT. No one was charged and Amin Shah was forced out of PSC. If we remember correctly prior to GE14. LTAT was involved with the takeover of the infamous AES traffic system at an astounding high price. Everything done is thru a Web of complexity and unseen hands

Posted by titan3322 > 2022-08-17 10:01 | Report Abuse

Anak bagui bapa gantui

Posted by calvintaneng > 2022-08-22 08:50 | Report Abuse

Happy morning all at Bplant

This Qtr includes FFB at Rm6,552

Bplant sells spot

Another dividend coming

Posted by stockraider > 2022-08-22 13:34 | Report Abuse

Go for it loh!

Posted by Mikecyc > 2022-08-22 21:17 |

Post removed.Why?

Posted by stockraider > 2022-08-23 11:28 | Report Abuse

Listen !
Just buy Bplant at Rm 0.80 loh!
Very worth mah!

Posted by Plantermen > 2022-08-23 13:45 | Report Abuse

The spread between crude SBO and CPO has widened to USD 400 - 420 per tonne {a historical high} with CPO now trading at a steep discount vs SBO. Price sensitive countries eg. India, Pakistan, Bangladesh, China and other Middle East countries would be tempted to switch from SBO to CPO. Traditionally India and Pakistan sourced Crude palm oil from Indonesia and refined RBD from Malaysia.
The lifting of Indonesia export ban and the DMO exemption and the issuance of the so called "flush out" export permits in Indonesia has seen prices fallen more than 30% from thier June high. Producers would be tempted to withhold thier stock sales once thier inventory is less critical.
Marginal shipments of grain exports vessels { wheat } have shipped thru the Black Sea from Ukraine but the difficulties and risks of the ongoing conflict has not subside. Export{s} of sunflower oil is still stalled.
In addition, POGO spread between gasoil vs Biodiesel is positive between USD 40 - USD 45 per tonne { making it financially feasible without subsidies}
Nevertheless the key to commodities play is demand from China and India. China import has been curtailed because of the on- off lockdown.
Last but not the least "extreme weather play" drought and heat wave in US while Indonesia and Malaysia may get a earlier Monsoon call in September - October months { instead of Year end } not a buy call but just to counter the negatively issues. Please do your own research before you buy or sell

Posted by Sslee > 2022-08-23 14:10 | Report Abuse

There is no reason why CPO price is at USD 400-420 per ton discount to SBO when CPO are more healthy oil then SBO (high in poly unsaturated oil)

Posted by Sslee > 2022-08-23 22:38 | Report Abuse

Proposed Land Disposal
On 22 July 2022, CIMB Islamic Trustee Berhad, acting solely as trustee for Boustead Plantations
Berhad (“BPB”) entered into a sale and purchase agreement with Nur Solar Sdn Bhd for the
disposal of land held under Geran Mukim 577, Lot 15 and Geran 39039, Lot 1314 and partial of
land under Geran 32397, Lot 277 Mukim Padang China, Daerah Kulim, Kedah measuring 300
acres for a total cash consideration of RM98.0 million. BPB had received 10% deposit amounting
to RM9.8 million upon signing of the agreement.
The disposal is expected to be completed in the fourth quarter of 2022

Posted by Plantermen > 2022-08-24 09:25 | Report Abuse

Dissapointed 2.75 sen pay out for BPlant second qtr interim dividend. Expect much higher rate

Posted by brianklc > 2022-08-24 10:36 | Report Abuse

Dividend payout need to be preserved in view of current CPO price. Cash flow is very healthy.

Posted by stockraider > 2022-08-24 13:47 | Report Abuse

I already says div is between 2.5 sen to 3.5 sen mah!

Current propose div at 2.75 sen is reasonable mah!

Posted by RJ87 > 2022-08-24 14:46 | Report Abuse

Sad. Very sad sad.

Posted by RJ87 > 2022-08-24 14:46 | Report Abuse

hv to wait year end for the other 98M. Next year feb dividend

Posted by brianklc > 2022-08-24 15:04 | Report Abuse

thts why bplant need to hold for long term

Posted by stockraider > 2022-08-24 17:16 | Report Abuse

Every Qtr pays div this Bplant mah!

Next Qtr will propose another div loh!

TreaT shareholder really well mah!

Posted by Letsfly > 2022-08-25 09:21 | Report Abuse

If every quarter payout average 2 Sen... That's 8 Sen a year.. 10% per annum at current price... Not bad ma

Posted by brianklc > 2022-08-25 09:23 | Report Abuse

Yes, anything extra due to land sales will be bonus

Posted by Letsfly > 2022-08-25 09:47 | Report Abuse

Yes... Landsale addition are bonuses..very good...

Posted by stockraider > 2022-08-25 12:54 | Report Abuse

Correctloh....u get 10% return pa....while waiting for this stock to appreciate above Rm 2.00 loh!

Besides....plantation land is a very good hedge against inflation loh!

Posted by DickyMe10 > 2022-08-25 19:58 |

Post removed.Why?

Posted by Letsfly > 2022-08-25 20:26 | Report Abuse

Good.. 50 Sen with current environment, I'll double my holdings.. 50 cents for 8 cents per annum? That's a steal!

Posted by Jonathan Keung > 2022-08-25 22:00 | Report Abuse

Common sense will tell us at 80sen per share Bplant paying out quarterly dividend's is a steal. Even average out normalized earnings without taking in any extra ordinary gain on land sale. FY 22 & FY 23 pay out ratio estimated at between 8sen-10sen is a real bargain vs current FD rates at 3% per annum

Posted by Yippy68 > 2022-08-26 03:35 | Report Abuse

Nov may get another 3 to 4 sen, so good and so happy. apa lu mau lagi.

Posted by Yippy68 > 2022-08-26 03:41 | Report Abuse

thank you BPLANT, those who see BPLANT 50 sen in horizon, he needed a medical checkup on both his eyes

Posted by Johnzhang > 2022-08-26 08:41 | Report Abuse

2Q EPS is 3.27 sen (2Q dividend of 2.75sen , 84% payout)
1H EPS is 22.70 sen (1H interim dividend is 10.05sen, payout of 44% only)
2H profit from operations only may be 6-7 sen/share.
Bear in mind, the gain from Sarawak estates disposal which is targeted to complete in this financial year can be quite substantial .

Cash generated from operation in 1H is +$251 mil
Cash generated from investing/asset monetisation in 1H is +361 mil
Total cash generated in 1H is a whopping $612 mil.

As such, there is room to pay generous dividend for the next many qtrs . And, its parent company, Bstead holdings and the ultimate parent ,LTAT , are very hungry for more dividends.