BOUSTEAD PLANTATIONS BHD

KLSE (MYR): BPLANT (5254)

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1.57

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16 people like this.

12,578 comment(s). Last comment by newlyblaze 2 months ago

DickyMe

14,932 posts

Posted by DickyMe > 2022-11-22 21:10 | Report Abuse

Already warned long time ago, tapi degil!
Palm Oil - Long term crash coming soon ada ingat x?
Now all FCPOs trading below RM4000.
It just took about six months.

i3lurker must be happy for buying again for the dividend.
So much for efficiency!

Pinky

3,499 posts

Posted by Pinky > 2022-11-22 21:27 | Report Abuse

Not across the board slump. See United Plantations. Solid earnings.

Superb99

6,611 posts

Posted by Superb99 > 2022-11-22 21:53 | Report Abuse

Diu.... fundamental counter, cheated by its past result, should believe my TA rather than its fundamental...operator should have knew it just now thus dumped at the last hour.

RJ87

5,146 posts

Posted by RJ87 > 2022-11-25 10:46 | Report Abuse

RM3-4k per tone can’t make money. Then there is no time they can make money liao…

stockraider

31,556 posts

Posted by stockraider > 2022-11-25 10:57 | Report Abuse

Do not be trick loh!

Definitely Rm 3k to Rm 4k can make money mah!

Just that Bplant make use of their good fortune now....to clear & settle some outstanding issue of the accounts mah!

Remember look for the positive hints of bplant mah!

1. The net borrowing of Bplant has dropped alot despite paying out huge div.
2. The guidance of Bplant prospect going fwd is positive.
3. Their sell of kulim land that fectched Rm 100m, will be realized in Q4, this will fetched Rm 90m of profits mah!

Plantermen

2,253 posts

Posted by Plantermen > 2022-11-25 17:03 | Report Abuse

Between Year 2014 to 2018 the average CP0 price was trading at around $2000 - 2600 per tonne. The lowest was betw $1,800 - 1,900 per tonne during the slump in soft oil & crude oil prices. Slowly CPO and other soft oils gradually recover from their low in 2nd half of 2019 to 2022 { present day } from $2,600 - 3600 per tonne. The unprecented high CPO price {$7,500 per tonne} in March this year was at the height of Ukraine conflict { not forgetting the sudden imposition of a export ban by Jokowai } We must not forget and remember that CPO is influence and affected by other soft oils & crude oil movements. Our windfall tax levy kicks in once CPO prices breach past the $ 3.000 per tonne for Peninsular and $3,500 for East Malaysian states. Historically, most planter's view $3,600 - 4,000 per tonne price range is positive and very favourable. Currently CPO is now trading at $4,000 per tonne. Not a buy call but just my own personal view

serbatipu

343 posts

Posted by serbatipu > 2022-11-26 10:51 | Report Abuse

Lapsap results

Posted by StartOfTheBull > 2022-11-26 13:08 | Report Abuse

Fertilizer price increase, palm oil price remains high. Now performance of oil palm upstream companies count on their management efficiency. KLK and United Plantations are good example of good management judging from their latest QR results.

DickyMe

14,932 posts

Posted by DickyMe > 2022-12-01 19:22 | Report Abuse

In future, palm oil will trade below RM 1000 and will struggle to reach RM 2000.

Sslee

7,007 posts

Posted by Sslee > 2022-12-01 20:20 | Report Abuse

On 15 November 2022 world population reach 8 billion.

Did anyone know how can you feed the world population and keep the population healthy, smell good, look good and feel good (hygenic, personal care,toiletries, cosmatic, soap and detergent are among some of products make from palm oil and palm kernal oil) without palm oil?

For far too long the Western media are using propaganda to undermine the palm oil industry and suppressed palm oil price (With misinformation on health and enviornment issues) because they know their oil seeds cannot compete with palm oil. And if you cannot compete, then the only way you can win is by smear campaign or strong-arm tactic and I am sad they are still Malaysians parroting their propaganda.

Palm oil is an incredibly efficient crop, producing more oil per land area than any other equivalent vegetable oil crop. Globally, palm oil supplies 40% of the world’s vegetable oil demand on just under 6% of the land used to produce all vegetable oils. To get the same amount of alternative oils like soybean, coconut, or sunflower oil you would need anything between 4 and 10 times more land. Malaysia and Indonesia already long ago stop any new land opening for palm oil.

Plantermen

2,253 posts

Posted by Plantermen > 2022-12-06 22:05 | Report Abuse

Yes. Totally disappointed that some ignorant Malaysian are still echoing and buying the western funded NGO scandalous accusation without looking at basic and rudimentary facts and figures. Corn oil, SBO oil, canola oil, sunflower oil and other soft oils vs palm oil cooking oil. Palm oil wins hand down vs all the other competing oil in terms of pricing, demand, productivity and the ability to feed the world growing population as well as a feedstock for fuel. The recent Ukraine crisis has shown there is no substitute for palm oil. Without going into trade tariffs and taxes. a bottle of 3 litre canola oil cost RM 45-RM 50 vs a 5 litre of Palm oil that sells below RM 30. Palm oil has overtaken SBO in the last 20 odd years as the most consumed edible oil in the world. Do I need to say more?

Posted by Jonathan Keung > 2022-12-14 11:45 | Report Abuse

Bplant ln a tight trading price range .61 - 65

Posted by PureInvest > 2022-12-15 13:35 | Report Abuse

Thanks to Bplant's committed dividend policy, my holding cost of Bplant has dipped so much that I don't even care about the fluctuation in its daily share price, and my holding cost keeps dipping down as I know the dividends will keep coming in.

No regrets in investing for Bplant share in long term basis, even for > 10 years.

Posted by PureInvest > 2022-12-15 13:37 | Report Abuse

I am sure the Shareholders & Top Management of Bplant are fully and consciously aware of Bplant's potentials against the share price of Bplant.

Posted by PureInvest > 2022-12-15 13:44 | Report Abuse

Of late, many FCPO Analysts are saying FCPO for year 2023 & even 2024 will dip very low and say the future strong earnings of listed oil palm companies are past/history.

FCPO depends on lots of factors which I don't need to deliberate & elaborate here, but I would like to express my opnion that palm oil is a food security issue in the world & the differential pricing of CPO against Soyabean is about RM2,700-00.

Come 2024, after 2023, economic conditions may turn the better with demands for edible oils esp' with palm oil may exceed supplies, and so, investing for consistent long term is the best & safe option.

Posted by estoresharks > 2022-12-15 16:21 | Report Abuse

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calvintaneng

56,889 posts

Posted by calvintaneng > 2022-12-27 21:51 |

Post removed.Why?

stockraider

31,556 posts

Posted by stockraider > 2022-12-27 21:52 | Report Abuse

Correctloh....CPO price coming up mah!

SEE_Research

4,673 posts

Posted by SEE_Research > 2022-12-30 09:33 |

Post removed.Why?

Mikecyc

47,016 posts

Posted by Mikecyc > 2023-01-11 07:40 | Report Abuse

馬銀行硏究種植股
目标价
股项
评级
(令吉)
森种植
1O1集团
吉隆坡甲洞
云顶种植
砂劳越油棕
大安控股
陈顺凤资源
莫实得种植
TH种植
持有
持有
买讲
持有
持有
买进
持有
买进
持有
4.38
4.21
23.90
6.40
2.70
4.06
1.01
0.84
0.55

Mikecyc

47,016 posts

Posted by Mikecyc > 2023-01-11 07:42 |

Post removed.Why?

Mikecyc

47,016 posts

Posted by Mikecyc > 2023-01-11 07:44 |

Post removed.Why?

stockraider

31,556 posts

Posted by stockraider > 2023-01-12 12:30 | Report Abuse

Selling assets are very strategic mah!

Just imagine if u plant in a RM 60 psf land when u can plant in a Rm 1 psf land mah!

SEE_Research

4,673 posts

Posted by SEE_Research > 2023-02-01 23:34 |

Post removed.Why?

brianklc

1,624 posts

Posted by brianklc > 2023-02-03 19:18 | Report Abuse

It happens to Bstead a few days earlier. So what’s the fuss of changing BOD? It’s normal for a GLC post elections. Of 4, 3
Of them are BN members. Remember PMX directive on all gov appointed post in GLCs to be removed?

Asia88

591 posts

Posted by Asia88 > 2023-02-04 19:50 | Report Abuse

Ya. All this is Umno member.

Posted by smarternutrition > 2023-02-08 12:03 | Report Abuse

Someone just whacked 141.6k =)

NorazmiAR

109 posts

Posted by NorazmiAR > 2023-02-08 17:58 | Report Abuse

4 out of 5 BPlant chairman and directors that resign are UMNO members. This is the cleansing that the current Unity Government trying to do to by removing political appointees and replaced with capable and qualified GLC directors. This is very2 good news for BPlant moving forward and other GLCs.

Bertanding buat pertama kali di kerusi Dewan Undangan Negeri Juasseh yang merupakan kubu kuat Barisan Nasional pada Pilihan Raya Umum Ke-14 memberi laluan mudah kepada Datuk Ismail Lasim.

Datuk Indera Mustaffar Kamal Ab Hamid merupakan calon Barisan Nasional mewakili Parti UMNO bertanding kerusi Dewan Undangan Negeri (DUN) N12 Beserah, Pahang pada Pilihan Raya Umum (PRU) Ke-15.

Datuk Din Adam adalah calon Barisan Nasional (BN) bagi Parlimen Dungun pada Pilihan Raya Umum (PRU) Ke-14.
Beliau menyadang jawatan Ketua Umno Bahagian Dungun.

Mohd Azahar Ibrahim pernah memegang jawatan Bendahari Pemuda UMNO Bahagian Labis (2004-2008) serta Ketua UMNO Cawangan Kampung Paya Merah, Labis.

NorazmiAR

109 posts

Posted by NorazmiAR > 2023-02-08 17:58 | Report Abuse

Newspaper report only report 1 side of story, sometimes you need to do your own research on why this is happening. I just need to do 20 mins google search and come out with this conclusion.

DickyMe

14,932 posts

Posted by DickyMe > 2023-02-10 15:36 | Report Abuse

Well, that's efficiency!

stockraider

31,556 posts

Posted by stockraider > 2023-02-11 09:41 | Report Abuse

Quietly collect loh!
The resignation of politician directors are actually good mah!

William Ng

893 posts

Posted by William Ng > 2023-02-14 00:00 | Report Abuse

0.67

Yippy68

1,698 posts

Posted by Yippy68 > 2023-02-15 19:36 | Report Abuse

hope bplant deliver some dividend on Feb23

calvintaneng

56,889 posts

Posted by calvintaneng > 2023-02-16 13:30 | Report Abuse

slowly
steadily
surely
safely
surging up

Yippy68

1,698 posts

Posted by Yippy68 > 2023-02-17 08:23 | Report Abuse

someone was saying bplant sold some land in KULIM, betul kah?

stockraider

31,556 posts

Posted by stockraider > 2023-02-17 08:30 | Report Abuse

Yes but only can book in the land sales in Q1 2023 loh!

Posted by Yippy68 > 4 minutes ago | Report Abuse

someone was saying bplant sold some land in KULIM, betul kah?

calvintaneng

56,889 posts

Posted by calvintaneng > 2023-02-20 09:31 | Report Abuse

Bplant = Bank Plant
Dividend at 22% better than any bank on earth

calvintaneng

56,889 posts

Posted by calvintaneng > 2023-02-20 09:38 | Report Abuse

Extra Extra Extra

Batu kawan in FDI investment boom

Bplant with 100 year history has lands in Seberang Prai North worth Rm1 billions Cash if sold

about 44.80 sen a share

after Kulai Young land said bplant gave 7.3 sen dividend

if Seberang Prai land sold bplant can give up another 30 sen dividend

calvintaneng

56,889 posts

Posted by calvintaneng > 2023-02-20 09:39 | Report Abuse

Bplant sold Kulai Young lands to Ytl power gave 7.3 sen dividend

if Prai lands sold can expect up to 30 sen dividend

calvintaneng

56,889 posts

Posted by calvintaneng > 2023-02-20 13:05 |

Post removed.Why?

calvintaneng

56,889 posts

Posted by calvintaneng > 2023-02-20 13:25 | Report Abuse

https://www.youtube.com/watch?v=BE4DDB5whyk

Happy now

calvintaneng

56,889 posts

Posted by calvintaneng > 2023-02-21 09:08 | Report Abuse

Bplant no more below 70 sen soon

D197btg

46 posts

Posted by D197btg > 2023-02-21 18:02 | Report Abuse

nice div of 3.3sen

Posted by StartOfTheBull > 2023-02-21 19:25 | Report Abuse

Latest QR results much better than Sarawak Plantations.

Yippy68

1,698 posts

Posted by Yippy68 > 2023-02-21 19:26 | Report Abuse

i expected 2 sen, kind bplant give me 3.3 sen, how not to be happy lah.

Posted by StartOfTheBull > 2023-02-21 21:42 | Report Abuse

Oh no! By seeing the surface the QR is excellent but the profit is actually from disposal of assets.

StartOfTheBull

Latest QR results much better than Sarawak Plantations.

2 hours ago

speakup

27,183 posts

Posted by speakup > 2023-02-21 21:56 | Report Abuse

Doesn't matter. Will up

Sslee

7,007 posts

Posted by Sslee > 2023-02-22 09:19 | Report Abuse

Just send out below email.

Dear Investor Relations Boustead Plantations Berhad,
corporate.office@bplant.com.my

First and foremost please convey my many thanks to the Board of Directors for giving another RM 3.3 cent dividend for Q4 financial end 31th Dec 2022.

While checking on 2021 Annual report page 155 for more information 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.

The recorded show:
Bukit Mertajam Estate, Kulim, Kedah 2,727.1 hectares, Oil palm estate, Freehold with book value RM 207.1million

On further scrutiny I am surprised that the Malakoff Estate, Tasek Glugor, Pulau Pinang 562.3 hectares, Oil palm estate, Freehold with book value RM 63.9 million reported in 2020 Annual report Page 162 was missing in 2021 Annual report.

I double-check on Boustead plantation website https://www.bousteadplantations.com.my/maps-location/ the said Malakoff Estate was also not listed on the Boustead plantation Maps/location

My questions;
Question 1: Is this an oversight or Malakoff Estate is now under land use conversion from agriculture land to property development land? Please clarify ASAP

Question 2:
I refer to 109th ANNUAL GENERAL MEETING Answers to Questions Submitted by Shareholders
Currently we are undertaking the sale process of Sarawak by appointing the relevant advisors for the said transaction. We will make the necessary announcement upon finalization of the said disposal as required by the Main Market Listing Requirements. For FY2022, we plan to dispose our Sarawak Assets

May I know what the progress of the aboves disposal of Sarawak assets is?


Thank you
Have a good day and a quick response will be appreciated.


Best Regards
Lee Soon Sheng

Sslee

7,007 posts

Posted by Sslee > 2023-02-22 09:24 | Report Abuse

300 acres of Bukit Mertajam Estate, Kulim free hold land dispose for RM 98 million so the whole Bukit Mertajam Estate, Kulim, Kedah 2,727.1 hectares, Oil palm estate, Freehold with book value RM 207.1million should worth how much?

speakup

27,183 posts

Posted by speakup > 2023-02-22 09:26 | Report Abuse

Really respect this SS Lee for his shareholder activism

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