Posted by Iamnotasifu > 2023-06-15 19:07 | Report Abuse

tomorrow limit up

Posted by rohank71 > 2023-06-15 21:44 | Report Abuse

LTAT selling which company BHPetrol or BPlant. but price tag like BPlant. at GO document BHPetrol was valued at 500M

Posted by speakup > 2023-06-15 22:13 | Report Abuse

Only Petronas can afford to buy BHP.

Posted by Johnzhang > 2023-06-16 08:17 | Report Abuse

rohank71, you may be right . Boustead has just denied Bloomberg’s report that it has started the process of divesting BHPetrol. Judging from BPlant’s trading behavior, it could well be Bplant instead .
$2 bil for 1.286 bil share owned by Boustead (excluding those held directly by LTAT)??
That works out to be around $1.55 per share.
Just for general discussion purpose only . Not a buy or sell call .

Posted by Iamnotasifu > 2023-06-16 09:17 | Report Abuse

today limit up

Posted by brianklc > 2023-06-16 11:49 | Report Abuse

Johnzhang

In the case BHPetrol, LTAT bought up the other partner (don’t know how much was paid) , then only look to divest it for a huge $2 bil price tag .
For Bplant, I assume that they will also buy up the minorities first , then only divest the valuable assets .
Minorities got to be smarter this round for not giving in easily and cheaply.

John, "they"=LTAT?

Posted by Johnzhang > 2023-06-16 12:04 | Report Abuse

Brian, “ they “ can either be LTAT or Boustead . Boustead is now wholly owned by LTAT. There is no difference.

Posted by brianklc > 2023-06-16 12:16 | Report Abuse

Thn do u know any changes in shareholding will have to be reported in bursa? Thts y I said a few days ago, no announcements on LTAT or bstead buying bplant shares in market…

Posted by brianklc > 2023-06-16 12:17 | Report Abuse

Hence it’s not “them” who are buying from the market

Posted by brianklc > 2023-06-16 12:29 | Report Abuse

They never bought the shares when it’s 60 sen+, wht makes u think they will buy it at 80-90 sen? Thts y I got so angry whn they sold off at around RM1.20, but didn’t help to support the price when it hit so low

Posted by Johnzhang > 2023-06-16 12:40 | Report Abuse

Brian, did I said Bstead /LTAT are the parties buying up Bplant from open market in the past few days ???
I think you are quite confused of what I said .

Posted by miracle_trader > 2023-06-16 12:50 | Report Abuse

dont blame brian, he is simple minded. Lol. He thinks that if LTAT wants to buy, must be from open market. N its obvious big sharks who caught wind of some news is the one buying the last few days, not LTAT

Posted by Letsfly > 2023-06-16 12:56 | Report Abuse

out of market purchase dont need to declare?

Posted by miracle_trader > 2023-06-16 13:04 | Report Abuse

if want buy ,LTAT will make voluntary takeover offer at certain price. if buy slowly from open market,buy until when? last friday volume just rm20 million already push price up 20%, if want buy few hundred million, share price easily push until wat price?

Posted by brianklc > 2023-06-16 13:10 | Report Abuse

Buy privately also need to disclose, that’s the requirement for majority shareholders, pls read up and think using ur naïf mind before comment

Posted by brianklc > 2023-06-16 13:11 | Report Abuse

Johnzhang

In the case BHPetrol, LTAT bought up the other partner (don’t know how much was paid) , then only look to divest it for a huge $2 bil price tag .
For Bplant, I assume that they will also buy up the minorities first , then only divest the valuable assets .
Minorities got to be smarter this round for not giving in easily and cheaply.

Thats wht u wrote

Posted by brianklc > 2023-06-16 13:17 | Report Abuse

And I asked u, who do u mean “they”, do read ur own reply

Posted by brianklc > 2023-06-16 13:24 | Report Abuse

Miracle, don’t always hoped for miracle, Bursa and CMSA have comes out lots of rules on announcement requirements to avoid insider trading and fairness to all shareholder, especially naïf investors like u, any movements by majority shareholders are monitored and reportable, unless they use proxy, which I don’t think LTAT will do that, hence what happen in the market now is lack substance

Posted by miracle_trader > 2023-06-16 13:29 | Report Abuse

John, u dont need bother explain to brian, he is noob tin kosong who make a lot of noise, dont even know how things work. Anyway im outta here, no time entertain stock market noobs like brian, just gonna laugh to bank when bplant goes above rm1

Posted by brianklc > 2023-06-16 13:36 | Report Abuse

Small boy, pls read up before u comment, aiyoh… so shallow…

Posted by Johnzhang > 2023-06-16 13:41 | Report Abuse

Mr Brian, when I said they will buy up the minorities first then only divest the valuable asset , I only mean LTAT/bstead will privatize thru a GO to minorities at $x price. Buy so doing , LTAT/ Bstead will benefit a lot more from monetizing the assets after owing 100% in Bplant .
You got to think laterally!

Posted by Johnzhang > 2023-06-16 13:44 | Report Abuse

@miracle_trader, let me just explain to Brian for the very last time.

Posted by rohank71 > 2023-06-16 13:46 | Report Abuse

brianklc, Boustead has denied buying the partners and denied selling BHP

Posted by rohank71 > 2023-06-16 13:50 | Report Abuse

was told LTAT Boustead doing exercise to sell BPlant to highest bidder. all big players are bidding. closing date is next Friday.

Posted by brianklc > 2023-06-16 13:51 | Report Abuse

That is why I don’t understand why there are such talk of corporate actions here whn there aren’t any, does ppl know tht if they get trapped now, it will take some time to recover due to low production and CPO price…however I believed, if it get pushed to RM1, u will see LTAT dumping…

Posted by rohank71 > 2023-06-16 13:51 | Report Abuse

the bidding process started last week and that's why price jump up. now waiting for best bid and announce to market.

Posted by rohank71 > 2023-06-16 13:55 | Report Abuse

let's hope they get highest bidder from good name like KLK, IOI and HapSeng and price goes higher coz they can manage 100K hacter better.

Posted by DividendGuy67 > 2023-06-16 14:02 | Report Abuse

Today is rest day. Next week price action is critical. If it's true, next week should go higher. If fake news, next week will fall. Best do nothing and just queue to sell some at higher prices. Market decides whether real or fake news.

Posted by rohank71 > 2023-06-16 14:42 | Report Abuse

very true. market will direct us.

Posted by Johnzhang > 2023-06-16 15:35 | Report Abuse

Unusual high volume of queue to sell at 89, 89.5 and 90 sen. It appears someone trying to ‘suppress’ the price to collect cheap tickets ?

Posted by speakup > 2023-06-16 15:38 | Report Abuse

Buy high, sell higher mah

Posted by Johnzhang > 2023-06-16 15:50 | Report Abuse

As buying at 88 sen grow stronger , those high queue to sell at 89, 89.5 and 90 Sen disappear now. Very interesting!

Posted by miracle_trader > 2023-06-16 16:37 | Report Abuse

john is clever, saw the fake sell queue at 89-90 cent. obvious to lure ikan bilis to sell their shares off cheaply

Posted by Johnzhang > 2023-06-16 16:55 | Report Abuse

Strong closing at 89sen with considerable volume traded (16 mil share). I think it is a good sign .

Posted by brianklc > 2023-06-16 22:01 | Report Abuse

The intention of the buy and sell queues are to give wrong signal to street investors, the same number of shares keep recycle, hint, look at the velocity of the transactions, I see at least 3 person interpret it wrongly. Anyhow, offload will complete soon, then reality will come fast and furious…

Posted by calvintaneng > 2023-06-17 16:15 | Report Abuse

WHY BPLANT SHARE PRICE SUDDENLY SURGED FROM 64 SEN TO 89 SEN?? Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2023-06-17-story-h-267726533-WHY_BPLANT_SHARE_PRICE_SUDDENLY_SURGED_FROM_64_SEN_TO_89_SEN_Calvin_Tan

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

Calvin,
1. LTAT had such an easy time to successfully privatize Boustead is simply because almost all of the minority shareholders threw in the towel VOLUNTARILY without a fight . I think they got fed up .

2. What’s in Bplant that attracts these ‘fed up’ ex Boustead shareholders to shift their fund here despite the bitter experience In Boustead ?
2.1. Certainly not because Bplant has better management quality! Just look at thier dismal operating results without extraordinary gain .
2.2. Certainly not because they like palm oil business as there are many undervalued good plantation counters out there more worthy to pick.
2.3. Certainly not solely because of Bplant’s undervalued assets. There are many more listed companies in Bursa presently trading at merely 20-30% of NRV. If there is no interest from controlling shareholder to undertake any corporate exercise or asset monetisation or privatization, minorities are just waiting in vain.

Something to ponder!

Posted by EVEBITDA > 2023-06-19 01:12 | Report Abuse

looks like YTL is making an offer to buy LTATs block of 10%... to gain entry into BP and use the land bank for renewable energy.

Posted by EVEBITDA > 2023-06-19 01:14 | Report Abuse

may be with options to buynmore BP shares in 6 to 9 mths from Bstd itself and gain control of BP

Posted by Johnzhang > 2023-06-19 09:17 | Report Abuse

Some kena trapped to sell their share at low prices ?

Posted by Jaeger > 2023-06-19 09:20 | Report Abuse

flying!!!

Posted by Johnzhang > 2023-06-19 09:23 | Report Abuse

Brian, how now ? What’s your strategy?


Brianklc wrote ;
The intention of the buy and sell queues are to give wrong signal to street investors, the same number of shares keep recycle, hint, look at the velocity of the transactions, I see at least 3 person interpret it wrongly. Anyhow, offload will complete soon, then reality will come fast and furious…

Posted by dragon328 > 2023-06-19 09:23 | Report Abuse

https://klse.i3investor.com/web/blog/detail/dragon328/2022-04-26-story-h1622262012-BPlant_has_Tremendous_Upsides_as_a_Prime_Take_over_Target

The attraction of BPlant lies in its huge non-core landbank of over 9,100ha that fetches a market value of RM1.29 per share of Bplant. My conservative case valued this non-core landbank at RM4.00 psf or almost RM1.80 per share of BPlant

Posted by Bursino > 2023-06-19 09:31 | Report Abuse

Maybank joined in the fray. Opined hold. Upside potential likely capped at NTA.

Posted by loneranger3211 > 2023-06-19 09:34 | Report Abuse

BPlant is moving now.

Posted by Johnzhang > 2023-06-19 09:34 | Report Abuse

@Dragon328, it’s a comprehensive insight into Bplant . Thank you .

Posted by miracle_trader > 2023-06-19 09:34 | Report Abuse

even at 1.30 NTA, big players like KLK or IOI will grab this chance of a lifetime opportunity to buy. where else can find so much prime land to buy
https://www.sinchew.com.my/20230617/%e8%8e%ab%e5%ae%9e%e5%be%97%e6%8e%a7%e8%82%a1-2/

Posted by Johnzhang > 2023-06-19 09:41 | Report Abuse

I think KLK or IOI would be very happy to offer $2.50 per share to fully acquire Bplant .

Posted by ken > 2023-06-19 10:30 | Report Abuse

most likely KLK. Dont think offer price so high.. turun sikit..

Posted by brianklc > 2023-06-19 10:53 | Report Abuse

john, i have no idea how it will move, have exited at 95. wished whoever stayed back all the best...