Posted by brianklc > 2023-05-25 12:47 | Report Abuse

Bplant fundamentally is a good company, I think at most it will go back to the price before it being pushed up by sharks to dispose at higher price since 2-3 weeks ago

Posted by brianklc > 2023-05-25 12:48 | Report Abuse

Which is somewhere near jtiasa price

Posted by LubeTrader > 2023-05-26 09:35 | Report Abuse

64 ~ 64.5c

Posted by diamjela > 2023-05-26 10:15 | Report Abuse

may be 60cents?

Posted by DividendGuy67 > 2023-05-27 14:08 | Report Abuse

First interim dividend 1 sen, ex 8 June

Posted by DividendGuy67 > 2023-05-27 14:09 | Report Abuse

Q1/23 EPS 0.23 sen, not enough to cover 1 sen first interim dividend.

Posted by DividendGuy67 > 2023-05-27 14:12 | Report Abuse

"Prospects for Rest of the Year
The Group’s profitability for this year is dependent on the price direction for CPO and crop
production. Palm oil production in the first Quarter of 2023 had been adversely impacted by the
heavy rainfall and flooding phenomenon in parts of Malaysia. However, CPO production is
forecasted to trend higher in second half of 2023 following the expected improvement in weather
condition in the months ahead.
Palm oil prices remained favourable in the first Quarter of 2023 driven by lower production of other
vegetable oil in Ukraine due to ongoing war with Russia, rising biodiesel demand and increase in
edible oil imports by China, among others. Nevertheless, CPO prices are forecasted to weaken in the
second half of 2023 due to expected higher CPO production season, high inventory level and subdue
demand.
The Group is optimistic that the gradual return of foreign workers would lift the FFB yield, which
could partially offset the impact of lower CPO prices and rising costs. "

Posted by brianklc > 2023-05-27 18:43 | Report Abuse

Higher production in 2H23, higher production=lower CPO price. No mention of 2Q23 production and CPO price though, well what is known is Apr production MT and what’s the CPO price 1 Apr till 26 May. Not hard to calculate Q223 profit/loss. Inventory value write down will be a pain too. My personal opinion, Sarawak plantation land need to get rid asap, perhaps to those suitors which have a strong footprint in Sarawak…

Posted by DickyMe > 2023-05-29 11:41 | Report Abuse

30 sen coming very soon!

Posted by speakup > 2023-05-29 12:15 | Report Abuse

U wan buy 30¢ right?

Posted by kutipkutip > 2023-06-09 09:42 | Report Abuse

semalam dump macam nak pengsan , hari ni gap up limit up ! memang boleh jadi gila sapa yang kena !

Posted by abc333 > 2023-06-09 09:46 | Report Abuse

crazy stock

Posted by alyan2806 > 2023-06-09 10:01 | Report Abuse

What happen?

Posted by LubeTrader > 2023-06-09 10:12 | Report Abuse

As the saying goes, No News is Good News

Posted by D197btg > 2023-06-09 10:24 | Report Abuse

No news is scary

Posted by LubeTrader > 2023-06-09 10:33 | Report Abuse

A lot of shares changing hands for no apparent reasons. Unusual trading activity. Avoid the chase.

Posted by brianklc > 2023-06-09 10:33 | Report Abuse

Same thing happen 1 month ago is happening again

Posted by BenPg > 2023-06-09 10:48 | Report Abuse

Limit up soon ↗↗↗

Posted by speakup > 2023-06-09 11:28 | Report Abuse

Welcome To Casino De Bursa
Blue Chips mati, but Casino Chips up

Posted by calvintaneng > 2023-06-09 11:34 | Report Abuse

Ha ha ha!

Speakup

You first mentioned Bplant in years 2015/6 as a dividend play

This bplant is rock solid and no casino at all

Bplant like jtiasa and thplant are all 2nd liner stocks mispriced as penny stocks

As such all these should go above Rm1.00 one fine day in its rightful place

Posted by speakup > 2023-06-09 11:42 | Report Abuse

Speakup follow sifu Calvin in Jtiasa

Posted by D197btg > 2023-06-09 11:44 | Report Abuse

is it related to Msia Indon deal against EU?

Posted by brianklc > 2023-06-09 11:53 | Report Abuse

No, the price spread between soya vs CPO is already very narrow, hence CPO movement is limited, if CPO price go up somemore buyers will buy Soya instead

Posted by brianklc > 2023-06-09 12:12 | Report Abuse

What happen here is simple, sharks are pushing up to dispose their holdings

Posted by speakup > 2023-06-09 12:34 | Report Abuse

Goreng for u sell mah

Posted by LubeTrader > 2023-06-09 12:35 | Report Abuse

brian, I'm inclined to believe your suggestion particularly today's movement of this counter. This leads to the next question: How high are they going to push it up? Your best guess.

Posted by Johnzhang > 2023-06-09 13:05 | Report Abuse

Brian, it there possibility of someone taking position based on insider’s information?

Posted by Johnzhang > 2023-06-09 13:11 | Report Abuse

I still think that LTAT will soon monetize the deep value Bplant . Plantation is not yielding a resonable and sustainable return to them and furthermore they don’t have expertise to manage plantation business or any businesses for the matter.. LTAT will eventually be a diversified portfolio investor like EPF and PNB.

Posted by LubeTrader > 2023-06-09 14:08 | Report Abuse

John, that option has been considered several years ago.
https://themalaysianreserve.com/2021/07/08/boustead-to-mull-options-for-palm-oil-unit/
Is the time ripe this time?

Posted by brianklc > 2023-06-09 14:17 | Report Abuse

Plantation counters are up broadly, only thing is bplant up more than others. If there are insider news, the price won’t be slam down the day before and fly the next day. There are sharks at play. Only they know what’s the target price. But 1 thing for sure, Q2 results will be red.

Posted by JKing > 2023-06-09 14:43 | Report Abuse

If you are LTAT, what is the price you will sell bplant as part of the privatisation plan for Boustead. This will be the indication price for bplant

Posted by brianklc > 2023-06-09 15:08 | Report Abuse

for a transaction to complete, there must be a willing seller, matched with willing buyer... for sure if enbloc sales, there will be no takers due to Sarawak and Sabah (Dutaland), plantation outlook are not looking good in the near term too... thus land sales can only happen for peninsula piece by piece... and for purpose other than plantation...

Posted by LubeTrader > 2023-06-09 15:47 | Report Abuse

Brian, I agree en bloc sale of land is near implausible. Insiders definitely knows something we don't. We can only play the guessing game at this juncture. My suspicion is LTAT is increasing its stake from the open market.

Posted by LubeTrader > 2023-06-09 15:52 | Report Abuse

JKing, the NTA is the value for reference

Posted by Bursino > 2023-06-09 15:53 | Report Abuse

I have never seen such trades on BPlant shares since it was relisted! It started in May. Pushed price up to 0.79. Dumped down to 0.68 and announced a sen dividend. Further dumping down to 0.64 before it make a complete turnaround in less than 24 hours! Unusual times. I am holding onto my shareholding very tightly.

Posted by brianklc > 2023-06-09 16:29 | Report Abuse

Lube if tht is the case thn see if tuesday got any announcement or not, they shld monetize their investments, not adding...

Posted by brianklc > 2023-06-09 16:31 | Report Abuse

if any internal news, they are supposed to pace it, not ramping up catching attention, thts my view la

Posted by calvintaneng > 2023-06-09 16:45 |

Post removed.Why?

Posted by calvintaneng > 2023-06-09 16:52 | Report Abuse

Another company sitting on gold mine land is Tsh

Tsh has 94700 acres of prime lands in Kutai and now turned into Nusantara the new capital of Indonesia

how many sq ft?

To convert just multiply 43,560 by 94,700 acres

= 4,125,132,000

More than 4 billion sq ft

One day if land prices of Nusantara rise up like Putrajaya to Rm50 then how much?

Answer is Rm206 billions

And with total paid up shares of Tsh at 1.388 billion it is computed to reach over Rm148 a share

Of course this will take much time

Posted by brianklc > 2023-06-09 17:03 | Report Abuse

calvin, each time u start talking i will scared

Posted by Johnzhang > 2023-06-09 17:07 | Report Abuse

Hi Lube, LTAT had too easy time taking Bstead Holdings private at low price . They think the extremely bearish Bursa now is very good timing to do on Bplant . Question is at what price ?

John, that option has been considered several years ago.
https://themalaysianreserve.com/2021/07/08/boustead-to-mull-options-for-palm-oil-unit/
Is the time ripe this time?

Posted by koja6049 > 2023-06-09 17:07 | Report Abuse

This is definitely an unusual market activity. Well I dumped everything and exit this counter today, getting nett 13% returns over 1.5 years with this counter (when i bought at the high 84 cents and getting the high dividends as well). But I will still pay very close attention to this counter, could enter again when the price hit sub-70 cents 😁

Posted by ACE9696 > 2023-06-09 17:37 | Report Abuse

goreng by umno fella …

Posted by speakup > 2023-06-09 18:34 | Report Abuse

https://theedgemalaysia.com/node/670575

Article say Bplant goreng cos PE <10. If that's the reason, Jtiasa PE 4 should be double limit up leh

Posted by FlyingEagle > 2023-06-09 19:29 | Report Abuse

Ha! Ha! is true !


Posted by brianklc > 2 hours ago | Report Abuse

calvin, each time u start talking i will scared

Posted by LubeTrader > 2023-06-09 20:39 | Report Abuse

This is a public forum. Anyone can read your comments. Better keep it objective.

Posted by DJThong > 2023-06-09 21:43 | Report Abuse

There is uma
But the fool will start post old article and twist
He has disappear long time

Posted by TerrenceLim > 2023-06-09 22:38 | Report Abuse

Privitisation offer at 1.35

Wait for announcements by investment bank on next week

Posted by rohank71 > 2023-06-09 23:00 | Report Abuse

I think 1.35 too cheap for LTAT to sell. land bank worth much more. May be 1.80 to 2.00

Posted by BursaMaster121212 > 2023-06-10 08:53 | Report Abuse

i heard offer price is higher than the NTA only willing to let go....so it is around 1.50