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

The 2nd announcement simply said there is no agreement yet .

Just my interpretation.

Posted by Bursino > 2023-06-20 20:29 | Report Abuse

Semantics and legally correct statements. How to interpret the following: The Company will make the necessary announcements as and when it becomes aware of any material development involving the Company.

Posted by Bursino > 2023-06-20 20:42 | Report Abuse

Where did MIDF obtained the informations?

https://www.dagangnews.com/article/bida-ekuiti-boustead-ytl-power-mahu-kembangkan-segmen-tenaga-boleh-diperbaharui-kata-midf-27563

Posted by Bursino > 2023-06-20 20:46 | Report Abuse

How about this report?

https://www.businesstoday.com.my/2023/06/19/shareholder-should-hold-boustead-plantation-for-potential-general-offer-maybank-ib/

Posted by miracle_trader > 2023-06-20 20:52 | Report Abuse

they obtained their info from the edge, and the edge obtain the info from this forum. lol

Posted by Bursino > 2023-06-20 21:17 | Report Abuse

The following appeared right here in forum 4 days ago:

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

Posted by StartOfTheBull > 2023-06-20 21:25 | Report Abuse

Confusing? So goreng continues?

Posted by miracle_trader > 2023-06-20 21:27 | Report Abuse

maggi goreng got. tomorrow probably ppl will panic sell

Posted by Bursino > 2023-06-20 21:32 | Report Abuse

Looks like an elaborate scheme. Bye. Good bye. Psst Good buy. Buy. 😆

Posted by rohank71 > 2023-06-20 21:44 | Report Abuse

deal dead? or alive?... more confusing statement by LTAT/Boustead....better bursa reprimand them and fine the directors. its a simple yes or no.

Posted by rohank71 > 2023-06-20 21:44 | Report Abuse

vague answer doesn't help and makes Bursa a casino.

Posted by rohank71 > 2023-06-20 21:45 | Report Abuse

we should sue Bursa for allowing these kinds of announcement and confuse the investing public

Posted by speakup > 2023-06-20 21:45 | Report Abuse

Sabar 😎
We are not short term investors

Posted by LiTech > 2023-06-20 22:29 | Report Abuse

So tomorrow is up or down?

Posted by brianklc > 2023-06-20 22:31 | Report Abuse

https://www.nst.com.my/amp/business/2023/06/922389/boustead-holdings-backtracks-and-denies-stake-sale-plantation-arm

Posted by brianklc > 2023-06-20 22:32 | Report Abuse

Problem when reply in Bursa is vague, 1 statement, different interpretations…

Posted by brianklc > 2023-06-20 22:38 | Report Abuse

Very different comparing against their openness when they disclose that they asked for RFP for Sarawak land…

Posted by Bursino > 2023-06-20 22:40 | Report Abuse

These are standard statements carefully crafted to mean nothing.

Posted by hng33 > 2023-06-20 22:44 | Report Abuse

Boustead unlikely to sell boustead plantation stake. It will opt to sell boustead plantation landbank in several location like johor to YTL, sabah and sarawark land to wilmar or IOI , depending on price tag offer. Once sold, will declare special dividend to boustead to help repay its borrowing

Posted by Bursino > 2023-06-20 22:50 | Report Abuse

Who is misleading who? It is naive to believe the Media got it so wrong! Something is not right ! Dodgy! Why didn't BPlant kill the "news" when it first surfaced. Who stand to be benefit most? 😆

Posted by brianklc > 2023-06-20 22:55 | Report Abuse

Trade with caution folks, good luck

Posted by Bursino > 2023-06-20 23:11 | Report Abuse

The first shot fired by NST. News uploaded at 8.41 pm.

Boustead backtracks and denies stake sale of plantation arm.

Whose next?

Posted by Bursino > 2023-06-20 23:20 | Report Abuse

Maybe Boustead should take appropriate steps to redeem itself. Ask Media to apologise or initiate legal actions. 😆

Posted by BenPg > 2023-06-20 23:23 | Report Abuse

https://theedgemalaysia.com/node/671836
👆🏻Latest news

Posted by BenPg > 2023-06-20 23:25 | Report Abuse

Bplant denied . Not selling 57% stake to anyone. We have been fooled by someone 😱

Posted by Bursino > 2023-06-20 23:39 | Report Abuse

Why didn't Boustead issue a statement to deny bidders were invited bla bla bla The media wrote about bidders and nothing on agreement-lah. Cow head don't fit horse mouth. 😁

Posted by rohank71 > 2023-06-20 23:52 | Report Abuse

no agreement for sure. but that doesn't mean no bidding or proposal to sell or no offer received.

Posted by rohank71 > 2023-06-20 23:53 | Report Abuse

as I said very misleading announcement just to be correct legally. bursa takes the bait.

Posted by enigmatic [bamboo investing style] > 2023-06-20 23:54 | Report Abuse

I concur with Johnzhang's interpretation. What Boustead Holdings' is saying, is different from what The Edge is saying. Those who understand will get it.

Posted by rohank71 > 2023-06-20 23:55 | Report Abuse

we all know boustead has not signed any agreement to sell BPlant. its no secrete.

Posted by Bursino > 2023-06-20 23:56 | Report Abuse

I rewind and am reviewing the comments made by these sudden visitors Liewkitkong. Garethball. putusamy. Cikpurnama22. Trying to fit the jigsaw pieces. Are there any smell of rats?

Posted by Bursino > 2023-06-21 00:05 | Report Abuse

Most of us understand what is going on. Draw picture enough. No need to show the intestines.

Posted by blackrock88 > 2023-06-21 01:30 | Report Abuse

Based on my understanding from the announcement, it didnt deny the matter regarding the disposal like what it did for BHP. In short, we can guess it is in the midst of the process for the disposal and what we can do is just wait patiently. Look at what had actually happened for bstead just 1 week before their official announcement for privatization.

Posted by calvintaneng > 2023-06-21 01:30 | Report Abuse

BPLANT (5254) PRIVATIZATION CALLED OFF WILL BE BAD NEWS FOR SHORT TERM PUNTERS & GOOD NEWS FOR LONG TERM INVESTORS, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2023-06-21-story-h-247617707-BPLANT_5254_PRIVATIZATION_CALLED_OFF_WILL_BE_BAD_NEWS_FOR_SHORT_TERM_PU

Posted by Albukhary > 2023-06-21 01:38 | Report Abuse

Based on my own estimation, BPLANT RNAV is around RM1.90.
Assume a 30% discount on its RNAV, BPLANT takeover price should be around RM1.33.

Posted by Yippy68 > 2023-06-21 04:33 | Report Abuse

too many self claimed expert here. be yourself and be smart, enjoy your dragon boat festival. learn to say bye bye.

Posted by Jaeger > 2023-06-21 06:50 | Report Abuse

Looks like dumping started

Posted by azrinvest72 > 2023-06-21 06:58 | Report Abuse

looks like short sale started

Posted by Johnzhang > 2023-06-21 07:09 | Report Abuse

There may be a couple rounds of play up and press down leading to the final announcement of the deal. Be ready to take calculated risk .

Posted by speakup > 2023-06-21 07:38 | Report Abuse

https://theedgemalaysia.com/node/671836
ADUH! 😫

Posted by brianklc > 2023-06-21 08:06 | Report Abuse

Thank god I m not part of this

Posted by blackrock88 > 2023-06-21 08:27 | Report Abuse

It’s common practice for company to make such announcement before finalizing their agreement. There are many examples like Celcom digi

Posted by FlyingEagle > 2023-06-21 08:28 | Report Abuse

advantage of ikan bilis is, can run fast.

Posted by Jaeger > 2023-06-21 09:19 | Report Abuse

Gap down....

Posted by Johnzhang > 2023-06-21 09:20 | Report Abuse

Today looks like a gang fight. Fight between operator A and operator B. Both operators are preying on retailers especially the weak one .
Hahaha

Posted by speakup > 2023-06-21 09:22 | Report Abuse

Continue to hold 😗

Posted by speakup > 2023-06-21 09:24 | Report Abuse

Sabar 😎 Will come back one day. Just hold

Posted by Johnzhang > 2023-06-21 09:24 | Report Abuse

May close green today .

Posted by speakup > 2023-06-21 09:26 | Report Abuse

That's the spirit

Posted by speakup > 2023-06-21 09:26 | Report Abuse

Privatize at 1.50 takut apa?