Posted by Johnzhang > 2023-07-18 16:05 | Report Abuse

Someone took up the big block of over 4 mil share at $1.05!

Posted by calvintaneng > 2023-07-18 16:30 | Report Abuse

Confirm some big timer (whoever is buying)

See if bplant will beat these ones

1. Tmakmur was Rm1.38
Pahang Royalty offered Rm1.80 to take it private and then raised to Rm1.90

Kulim was Rm2.50 and Jcorp took it private at Rm4.10

Above were taken private to build New Townships

Kwantas was only 50 sen after long long wait
Suddenly Kwantas top holder took it private at Rm1.65

Ijmplant was Rm1.86
Klk took it private at Rm3.10

The race is on for bplant 🔥
How high?
No one knows as yet

Chase?

Better go buy Thplant, Jtiasa, Tsh resources or Fgv

Final decision is yours

Regards
Calvin

Bplant will be another throphy buy call

Hip hip hooray!!!

Posted by calvintaneng > 2023-07-18 16:47 | Report Abuse

correction

should be called "Trophy"

long ago was Austral Enterprize , golden hope plant, Guthrie, tradewind

recently were Tmakmur, Kulim, Kwantas and Ijmplant

now Bplant and others will follow

' Planting tree on a gold mine'?

no more

one day will turn into prime ideal residences like Bangsar bandar ut

Posted by calvintaneng > 2023-07-18 16:49 | Report Abuse

Bangsar, Bandar Utama and puchong once planted rubber trees

now gold mine real estate

Posted by Johnzhang > 2023-07-18 16:56 | Report Abuse

I rather stay with Bplant for a bit longer as GO is in sight . Already received very clear indication from LTAT’s CEO and Minister .
As for other plantation counters , no sign of M&A and the wait can be very long .

Posted by newbird33 > 2023-07-18 17:05 | Report Abuse

Focus on BPLANT. Calvintaneng is young, can buy all his recommended counters and slowly wait.

Posted by calvintaneng > 2023-07-18 17:08 |

Post removed.Why?

Posted by Johnzhang > 2023-07-18 18:26 | Report Abuse

About 22 mil share traded at average price of about $1.04 and closed at $1.05 . Very bullish signal .

Posted by rohank71 > 2023-07-18 21:26 | Report Abuse

very strong for a charge ahead.

Posted by OnTime > 2023-07-19 09:09 | Report Abuse

today's holiday breaks the upward momentum, not cool

Posted by Heavy987 > 2023-07-19 11:16 | Report Abuse

yalorr

Posted by ken > 2023-07-19 14:25 | Report Abuse

IJM Plantation took over by KLK end of 2021 amounted to RM2.73billion. IJM Plantation has 60,979ha (2019 ann rep) of oil palm land located in Sabah and Indonesia. It mean average per ha abt rm44K (land located at remote area and Indon).

Bplant has 98,000ha of land, more than 90% planted with oil Palm. At the same time Bplant has less than 400million of borrowing. Base on these figure we can work up conservatively per share for Bplant is about RM1.72. NOT take into consideration one third of Bplant land are located in Penusular, categorised as Prime land.

As such, It is not possible for KLK to took over Bplant less than RM1.50. Busuk-Busuk RM1.70... base on logical and very conservative culculation.

Someone above estimated RM2. It is a very resonable pricing.

Posted by ken > 2023-07-19 14:37 | Report Abuse

Note : i am investor for Bplant.. I follow bplant news and corporate activities since it listed in KLSE. I received 2K of free Bplant shares from Bstead holding.

Posted by speakup > 2023-07-19 15:03 | Report Abuse

Close eye. Just buy

Posted by loyalok > 2023-07-19 15:36 | Report Abuse

Ken,when you got Bplant share ?

Posted by ken > 2023-07-19 15:48 | Report Abuse

i forgotten the date. I receive Free shares bcos I m a bstead holding share holder. maybe 10 years ago..

Posted by ken > 2023-07-19 15:54 | Report Abuse

my bstead holding investment is a sad story. luckily I sold most on time. left Abt 6k only I sold at 0.855 recently

Posted by calvintaneng > 2023-07-19 16:04 | Report Abuse

Bplant was a spin off Ipo from boustead in June 2014 at Ipo price of Rm1.60

Now at Rm1.05 is still 59.5 sen below Ipo

In June 2014 Tmakmur was listed with Ipo of Rm1.25
Pahang Royalty took Tmakmur private for Rm1.90

So what will be the final takeover or eventual full Enterprize value of Bplant?

Both Bplant and Tmakmur gave excellent dividends

One Big Difference is Bplant got 220,000 acres of 'gold mine' lands

It will give much better returns if Bplant continues sell assets piecemeal and return cash to shareholders

Sell the golden goose for one-off gain?

Or keep getting golden eggs life long?

Which is better?

Posted by ken > 2023-07-19 16:12 | Report Abuse

if I remember correctly, bplant declared bonus issue twice..

Posted by calvintaneng > 2023-07-19 16:22 | Report Abuse

23-May-2023 08-Jun-2023 DIVIDEND First Interim Dividend RM 0.0100
21-Feb-2023 07-Mar-2023 DIVIDEND Fourth Interim Dividend RM 0.0330
22-Nov-2022 07-Dec-2022 DIVIDEND Third Interim Dividend RM 0.0110
23-Aug-2022 12-Sep-2022 DIVIDEND Second Interim Dividend RM 0.0275
23-May-2022 08-Jun-2022 DIVIDEND First Interim Dividend RM 0.0730
21-Feb-2022 10-Mar-2022 DIVIDEND Fourth Interim Dividend RM 0.0400
23-Nov-2021 08-Dec-2021 DIVIDEND Third Interim Dividend RM 0.0175
25-Aug-2021 09-Sep-2021 DIVIDEND Second Interim Dividend RM 0.0230
25-May-2021 10-Jun-2021 DIVIDEND First Interim Dividend RM 0.0030
24-Mar-2021 07-Apr-2021 DIVIDEND Second Interim Dividend RM 0.0050
23-Nov-2020 08-Dec-2020 DIVIDEND Interim Dividend RM 0.0050
23-May-2019 10-Jun-2019 DIVIDEND First Interim Dividend RM 0.01
22-Nov-2018 05-Dec-2018 DIVIDEND Interim Dividend RM 0.02
23-Aug-2018 06-Sep-2018 DIVIDEND Second interim dividend RM 0.025
23-May-2018 06-Jun-2018 DIVIDEND First Interim Dividend RM 0.025
16-Apr-2018 26-Apr-2018 BONUS_ISSUE Bonus Issue 2 : 5
27-Feb-2018 12-Mar-2018 DIVIDEND Interim Dividend RM 0.04
21-Nov-2017 06-Dec-2017 DIVIDEND Special Dividend RM 0.07
21-Nov-2017 06-Dec-2017 DIVIDEND Interim Dividend RM 0.03
22-Aug-2017 06-Sep-2017 DIVIDEND Second interim dividend RM 0.03
23-May-2017 05-Jun-2017 DIVIDEND First Interim Dividend RM 0.025
15-Feb-2017 01-Mar-2017 DIVIDEND Interim Dividend RM 0.035
16-Nov-2016 01-Dec-2016 DIVIDEND Interim Dividend RM 0.05
22-Aug-2016 05-Sep-2016 DIVIDEND Second interim dividend RM 0.03
17-May-2016 06-Jun-2016 DIVIDEND First Interim Dividend RM 0.0300

Posted by calvintaneng > 2023-07-19 16:22 | Report Abuse

19-Feb-2016 07-Mar-2016 DIVIDEND Interim Dividend RM 0.0300
20-Nov-2015 07-Dec-2015 DIVIDEND Interim Dividend RM 0.0300
20-Aug-2015 04-Sep-2015 DIVIDEND Second interim dividend RM 0.0500
19-May-2015 03-Jun-2015 DIVIDEND First Interim Dividend RM 0.0200
25-Feb-2015 11-Mar-2015 DIVIDEND Interim Dividend RM 0.02
19-Nov-2014 03-Dec-2014 DIVIDEND Second interim dividend RM 0.02
20-Aug-2014 04-Sep-2014 DIVIDEND Interim Dividend RM 0.02

Posted by calvintaneng > 2023-07-19 16:23 | Report Abuse

2 months after listing by IPO Bplant gave 2 sen dividend on Aug 20 2014

In year 2018 Bplant gave 2 for 5 bonus

Posted by calvintaneng > 2023-07-19 16:25 |

Post removed.Why?

Posted by daretocutandchange > 2023-07-19 16:48 | Report Abuse

th plant 700+m asset held for sale waiting approve,tabung haji own more than 70%.hopefully will next bp plant.

Posted by calvintaneng > 2023-07-19 19:36 |

Post removed.Why?

Posted by Harim99 > 2023-07-20 09:12 | Report Abuse

Uptrend utk Bplant. Tengok blh naik sampai 1.50 tak

Posted by Johnzhang > 2023-07-20 09:57 | Report Abuse

Road block at $1.10/1.11 to hinder share price from rising too fast ?

Posted by OnTime > 2023-07-20 12:11 | Report Abuse

when it jumps, sky's the limit!

Posted by Johnzhang > 2023-07-20 13:00 | Report Abuse

I still hold the view that GO will be $2 and above.

Posted by dragon328 > 2023-07-20 14:15 | Report Abuse

@Johnzhang, glad that you still have strong conviction in Bplant fair value of above RM2.00.

To be fair, either its 9,000+ ha of strategic landbank (which is conservatively valued at RM4.00 psf) or its 63,000+ ha of plantation estates (which is conservatively valued at RM70,000 per ha) alone should fetch over RM4.0 billion valuation or over RM1.80 per share.

Posted by Johnzhang > 2023-07-20 16:31 | Report Abuse

@dragon328,
The valuation is mind blowing if you add them up :
9,000 ha strategic landbank @ $4 psf is $3.9 bil (9,000 x 107639x 4)
63,000 ha planted estate @ $70k per ha is $4.4 bil.
Total of above = (3.9+4.4) = $8.3 bil
No of share is 2.2 bil.
Value per share $3.76

( note : there is still 23,000 ha unaccounted )
(Total landbank 95,000 ha - 9,000 - 63,000 = 23,000 ha )

Posted by calvintaneng > 2023-07-20 16:56 |

Post removed.Why?

Posted by tzjgcs > 2023-07-20 17:42 | Report Abuse

Pretty solid chart. I gather that the deal is still on, some changes on the buyer though.

Posted by Dakewlest > 2023-07-20 20:28 | Report Abuse

Sementara tunggu deal jadi atau tidak, kita tunggu untuk dapat dividen seterusnya.

Posted by ken > 2023-07-20 22:13 | Report Abuse

my suggestion is add more and sit back enjoying popcorn. while taking free handsome dividend. I expect it will take a while...

Posted by rohank71 > 2023-07-21 01:04 | Report Abuse

someone collecting big at bottom and block price from going up.. once they hit 100M will need to announce substantial shareholder announcement.

Posted by Johnzhang > 2023-07-21 09:29 | Report Abuse

Good chance to break the road block at $1.10/1.11 today. Once convincingly broken, the sky is blue .

Posted by speakup > 2023-07-21 09:32 | Report Abuse

Buy high, Sell higher
Tp 1.50

Posted by Johnzhang > 2023-07-21 11:50 | Report Abuse

Some market operators or possibly investment banks are putting up tough hurdles at $1.10/1.11! The reasons are all on the wall .

Posted by Icon 888 > 2023-07-21 12:23 | Report Abuse

New High … Ho Ho ho

Posted by Icon 888 > 2023-07-21 12:24 | Report Abuse

Fcpo index over 4000

Posted by WongGK92 > 2023-07-21 14:06 | Report Abuse

Broke Rm4000 per tonne yesterday

https://mpoc.org.my/daily-palm-oil-price/

Posted by calvintaneng > 2023-07-21 14:13 |

Post removed.Why?

Posted by calvintaneng > 2023-07-21 16:03 | Report Abuse

1.10!


it was Ijmplant that fired the first salvo 🔫

now don't let Bplant be taken private so fast

let Bplant go on up and up all the way rocket 🚀🚀🚀

Posted by Johnzhang > 2023-07-21 17:18 | Report Abuse

I will support the GO if price is over $2.
It is the absolute decision of Boustead/LTAT as both are not listed companies.

About half of the estates have past prime age and requiring immediate replanting . More estates are aging adding to the number. Such mega size replanting requiring huge capex which Boustead/LTAT can’t afford. For a while, yield from old palms continues to go down affecting operational performance.
Time is certainly not on Boustead side .

Posted by ValueInvestor888 > 2023-07-21 17:24 | Report Abuse

all things look good if Anwar pro-business govt not collape after state election .
And racist Pas and PN and Tun M will make noise for selling land to YTL... PAS should remain to lead the poorest Kelantan state only after state election.

Posted by JackTan1217 > 2023-07-21 20:27 | Report Abuse

Nice, started to sell some already

Happy to prove to those naysayers who only know how to criticise people

Ownself can't make money, yet talk bad on other people

Posted by calvintaneng > 2023-07-21 21:15 | Report Abuse

Naysayers?

They did 3 big damage and disservice to others

1. Instead of buying so cheap when price collapsed to 60 sen low they only criticized and missed a good bargain

2. By pouring out negativities they caused weak hands to let go or sold too early in doubt

3. Worst of all. Naysayers and weak holders who sold gone to buy wrong stocks and stepped on landmines

Now caused their own double misery --- missed this 'gold mine' stock and stepped on other land mine pumped up by syndicates and losing big time

Found a gold mine?

Stick with it

Or else someday, somewhere, someplace you might wander off into a landmine

Stay very safe in 🌴🌴🌴 🔥🔥🔥

Posted by OnTime > 2023-07-22 12:16 | Report Abuse

just sell the whole damn thing, distribute all the proceeds to shareholders so that we can move on to the next best thing.

Posted by rohank71 > 2023-07-22 14:39 | Report Abuse

Monday can break 1.10 and move towards 1.20? New target price based on take over deal?