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.

Posted by Johnzhang > 2022-08-26 08:50 | Report Abuse

Heatwave and serious draught all over the places is damaging food crops/yield . CPO price shall improve from today's $4,300 to $5,000+ soon . The almost USD600 price gap between CPO and SBO and shortage of fuels in Europe are some of the reasons for CPO price hike as soon as inventory buildup in Indonesia from export ban has eased. Just my view.

Posted by brianklc > 2022-08-26 14:27 | Report Abuse

Indonesia export levy waiver ends 31 Aug.

Posted by Letsfly > 2022-08-26 21:10 | Report Abuse

Yes.. John in definitely right on the serious drought across the globe. The problem not only affects agriculture but also severely affects livestock... Not sure if there are any concerns that will trigger a domino effect or not due to the bad weather.

Posted by Johnzhang > 2022-08-27 05:41 | Report Abuse

Chicago soybean futures rose past $16 per bushel in late August, the highest in over two months, amid concerns of poor growing conditions in the US and higher import demand from major consumer China. Heatwaves in the American Midwest hampered the supply outlook on the current crop, as weather forecasts still do not favor clear indications of rain for the coming days. In the meantime, record-setting heatwaves for multiple Chinese regions damaged the incoming crop, driving grain traders to enter international soybean markets.

Posted by Johnzhang > 2022-08-27 09:38 | Report Abuse

Don’t write off good plantation stocks yet .

As at 25/8/22, CPO fob Malaysia was usd1,069/mt. SBO ex Rotterdam was usd1,655/mt. CPO was ridiculously cheaper by usd586/mt !
When CPO stock pressure ease in Indonesia soon , the price gap should narrow to usd200/mt with CPO price potentially increase by usd386/mt or RM1,700/mt. This shall bring CPO back to around RM6,000/mt.
SBO price has little chance to go down with weather havoc in Europe, China and U.S.

Posted by Johnzhang > 2022-08-28 06:56 | Report Abuse

(Aug 27): Europe’s fertiliser crunch is deepening with more than two-thirds of production capacity halted by soaring gas costs, threatening farmers and consumers far beyond the region’s borders.

Russia’s squeeze on gas shipments in the wake of Moscow’s invasion of Ukraine is hurting industries across Europe. But fertiliser companies are being especially affected because gas is both a key feedstock and a source of power for the sector.

Wholesale fertiliser prices, which fell back after climbing to multiyear highs following Russia’s assault, are rising again as European Union producers curb capacity. Ammonia prices in Western Europe have surged over the last two years, according to data by Bloomberg’s crop nutrient analysis company Green Markets. Dwindling supplies will keep prices elevated, threatening productivity as farmers are forced to scale back their use of the key nutrient. That in turn will hit consumers as food inflation accelerates.
—————————-
That means lower production of edible oil crops too.

Posted by stockraider > 2022-08-28 10:05 | Report Abuse

Yes buy more bcos every qtr pays min div at least 2 sen....4 qtr at least 8 sen mah!
That means 10% return base on div alone.....very attractive mah!

Plus plantation land is a good hedge agst div loh!
Whats more ? Bplant land alot in good location & can be monetize & convert to Commercial, Industrial & residential Development mah!

Posted by DickyMe10 > 2022-08-28 11:12 | Report Abuse

50 sen coming soon.

Posted by Plantermen > 2022-08-28 11:17 | Report Abuse

Yes. Europe is facing a winter of discontent with high energy cost, possibility of severe winter, gas shortages, industrial production disruption. Last but not the least energy crisis that have impacted their grains production and yields. Spring plantings is below average, shipment of Ukraine grains thru the UN broker deal with Russia, Turkey and Ukraine is at snail pace. This is last year old stocks which was at the port warehouse prior to the February breakout of the military conflict and all the vessels was park and dock at the various seaports. What was not reported that freight insurance cover has sky rocketed and some of the cargoes was pest infested. Russia and Ukraine is the bread basket of Europe. This year crop plantings in Ukraine has and was badly impacted by the Russian invasion especially on the Eastern side. Russia practically now controls all the key sea points at the Black Sea. With the extreme heatwave hitting Europe { Germany, France and UK } the people are hit with high inflation rate. Food prices are trending higher and higher

Posted by stockraider > 2022-08-28 12:12 | Report Abuse

Good news is bio diesel from palmoil is now cheaper than diesel price, which make it viable & profitable to blend diesel with palmoil biodiesel mah!

Posted by Letsfly > 2022-08-28 23:59 | Report Abuse

Indonesia working on pushing ahead with b40 biodiesel.. If the implementation is successful, we may see other countries adopt it too, and demand for cpo will go up.

Posted by 8888_ > 2022-08-29 13:42 | Report Abuse

Why LTAT don't buy back? Not cheap yet?

Posted by Johnzhang > 2022-08-29 20:51 | Report Abuse

Aug 29): Goldman Sachs Group Inc urged investors to pile into commodities as most recession risks coursing through global markets are overblown in the near term, arguing that raw materials stand to rebound amid a profound energy crisis and tight physical fundamentals.

“Our economists view the risk of a recession outside Europe in the next 12 months as relatively low,” analysts including Sabine Schels, Jeffrey Currie and Damien Courvalin wrote in a note. “With oil the commodity of last resort in an era of severe energy shortages, we believe the pullback in the entire oil complex provides an attractive entry point for long-only investments.”

Note : I am bullish on food/CPO and energy

Posted by Golf123 > 2022-08-31 17:34 | Report Abuse

Good discourse by
all, extremely insight

Posted by Jonathan Keung > 2022-09-01 09:47 | Report Abuse

Bill Gates invested in agricultural land the past 2 years. Warren Buffett in renewable green wnergy

Posted by Yippy68 > 2022-09-02 05:36 | Report Abuse

possible below 60 sen. Any comment from Calvin?