BOUSTEAD PLANTATIONS BHD

KLSE (MYR): BPLANT (5254)

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Last Price

1.57

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


16 people like this.

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

Heavy987

135 posts

Posted by Heavy987 > 2023-08-03 23:04 | Report Abuse

At what price ?

Posted by miracle_trader > 2023-08-03 23:13 | Report Abuse

haha, u really believe the jack bull story. he just want to sell of his stock tomorrow, so create nonsense rumours

Heavy987

135 posts

Posted by Heavy987 > 2023-08-04 09:20 | Report Abuse

You are right miracle_trader ahahahahaha

Posted by JackTan1217 > 2023-08-04 12:47 | Report Abuse

I like naysayer...they are destined to be losers...

Just be patient...

At most, wait for few more days...

Then we can start laughing them

brianklc

1,624 posts

Posted by brianklc > 2023-08-04 13:32 | Report Abuse

Jack, how’s ur sister?

brianklc

1,624 posts

Posted by brianklc > 2023-08-04 13:34 | Report Abuse

Did they revalue the lands? The better be, coz quarter announcements is coming in 2 weeks time.

Harim99

130 posts

Posted by Harim99 > 2023-08-04 16:18 | Report Abuse

Ape deal tu?

Heavy987

135 posts

Posted by Heavy987 > 2023-08-04 16:55 | Report Abuse

4 days close at 1.08

sg999

1,817 posts

Posted by sg999 > 2023-08-05 10:45 | Report Abuse

Really?? if revalue can come to rm1.8?????

Parksonguy

538 posts

Posted by Parksonguy > 2023-08-05 11:03 | Report Abuse

next week electionl liao

investor77

821 posts

Posted by investor77 > 2023-08-05 15:07 | Report Abuse

Very good news should be coming out soon, as take over is imminent. Hopefully the price is around RM2/ share. Anyway look at Ewein, though offer price is low, now trading at double the offer take over price. !!

sg999

1,817 posts

Posted by sg999 > 2023-08-05 17:05 | Report Abuse

So what is the story behind for Ewein? due to revaluation??

speakup

27,180 posts

Posted by speakup > 2023-08-05 17:47 | Report Abuse

Ewein is pure goreng by syndicate hired by the owners. The privatisation attempt at low price is just a show by owners to tipu SC/Bursa. But we can see thru their lies.
Casino De Bursa mah

calvintaneng

56,871 posts

Posted by calvintaneng > 2023-08-05 22:21 |

Post removed.Why?

shiby

217 posts

Posted by shiby > 2023-08-07 10:03 | Report Abuse

bplant break 1.11.interesting

Posted by JackTan1217 > 2023-08-07 10:30 | Report Abuse

Hopefully this week can finalise it n close those naysayer mouth

calvintaneng

56,871 posts

Posted by calvintaneng > 2023-08-07 11:12 | Report Abuse

hahaha why so fast want game completed like Ijmplant up from rm1.86 to Rm3.10 after Klk took over

let Bplant go up in all it's full Enterprize in value unlocking

rohank71

911 posts

Posted by rohank71 > 2023-08-07 11:19 | Report Abuse

1.30?

ken

673 posts

Posted by ken > 2023-08-07 11:20 | Report Abuse

I don't mind wait longer.. end of this month may have a little pocket money .. I can wait

Posted by ImLearningFromSifu > 2023-08-07 16:03 | Report Abuse

Reentered at 1.17 … haha wish us luck ya

rusliasas

70 posts

Posted by rusliasas > 2023-08-07 16:06 | Report Abuse

Calvin had advised us to take profit on Bplt n switch to TSH.... clearly wrong advice

calvintaneng

56,871 posts

Posted by calvintaneng > 2023-08-07 16:09 | Report Abuse

Nothing wrong

Calvin say sell Bplant into strength and switch to laggards Thplant, Jtiasa and Tsh resources

Calvin still got bplant shares to sell as it goes higher

Posted by ImLearningFromSifu > 2023-08-07 16:13 | Report Abuse

Others also high price now…
I hold first before dipping my head in other plantation shares….

Play play in bplant first. Hahaha
Meanwhile still figuring out which one to enter later..

sg999

1,817 posts

Posted by sg999 > 2023-08-07 18:02 | Report Abuse

That time IJMPLANT NTA how much??

Johnzhang

3,098 posts

Posted by Johnzhang > 2023-08-07 18:13 | Report Abuse

IJmplant NTA was about $1.64 then. KLK paid $3.10 Therefore, It was sold based on about 1.90 x book value or NTA.
IJMplant's estate are about half in sabah and remaining half in Kalimantan, nothing in peninsular.

Johnzhang

3,098 posts

Posted by Johnzhang > 2023-08-07 18:21 | Report Abuse

why take profit in a hurry?
28.4 million share traded today and at uptrend price.
Is this not an indication that something good is very near and operators who privy to information are loading up ??

Johnzhang

3,098 posts

Posted by Johnzhang > 2023-08-07 18:26 | Report Abuse

At least wait for 2 more weeks to decide whether to take profit or not!

DividendGuy67

1,125 posts

Posted by DividendGuy67 > 2023-08-07 19:36 | Report Abuse

1.17 close. Nice!

ken

673 posts

Posted by ken > 2023-08-07 19:51 | Report Abuse

ijmplant has 60,981 ha of land at east Malaysia and indon Kalimantan. privitised at rm2.73billion rm3.10 per share

ken

673 posts

Posted by ken > 2023-08-07 19:52 | Report Abuse

nta was rm1.74 at the point privatised.

ken

673 posts

Posted by ken > 2023-08-07 19:57 | Report Abuse

bplant has Abt 98,000 ha of land. if I m not wrong Abt 30% in penusular, remaining in Sabah and Sarawak.

ken

673 posts

Posted by ken > 2023-08-07 19:58 | Report Abuse

however borrowing more than 400 million..

calvintaneng

56,871 posts

Posted by calvintaneng > 2023-08-07 20:25 | Report Abuse

Rm400 millions borrowing?

So tiny small lah

Tok Mat already said Bplant lands are 'gold mines'

Bplant just need to sell the 1,600 acres land in Tasek Gelugor in Seberang Prai North for Rm1 Billion cash will be more than enough to settle all debt

And 1,600 acres not even 1% of Bplant total landbank of 220,000 acres which is even bigger than entire Singapore land size of 177,000 acres

speakup

27,180 posts

Posted by speakup > 2023-08-07 21:50 | Report Abuse

Remember ya, VOTE PH otherwise our Bull Run is over.
Undilah PH

Dakewlest

1,758 posts

Posted by Dakewlest > 2023-08-07 22:29 | Report Abuse

Any wild guess how much is the take over price? If RM1.20, then another 3 sen.

ChloeTai

1,452 posts

Posted by ChloeTai > 2023-08-07 23:05 | Report Abuse

NTA of BPLANT is RM1.30. Following IJMPLANT, 1.9 × NTA = RM2.47.

sg999

1,817 posts

Posted by sg999 > 2023-08-07 23:45 | Report Abuse

RM2.47 everyone would be happy.

Dakewlest

1,758 posts

Posted by Dakewlest > 2023-08-08 02:00 | Report Abuse

Wah, kalau RM2.47, bagus.

calvintaneng

56,871 posts

Posted by calvintaneng > 2023-08-08 11:29 | Report Abuse

Happy morning

A simple way to calculate intrinsic value by comparing bplant with ijmplant

Bplant is asset heavy with deep value whereas Ijmplant has proven earnings

So Bplant should be worth more than ijmplant in privatisation

2. Another way to look is from the angle of bank fd

Last 3 years Bplant gave out a total of 24 sen dividend so it is about 8 sen a year

If we take 4% per year then Bplant should be worth Rm2.00

At 8 sen for Rm2.00 is 4% yield which is above bank fd

So from asset value or from yield bplant should be at least Rm2.00 to Rm2.50 minimum

Anything below is undervalue

Johnzhang

3,098 posts

Posted by Johnzhang > 2023-08-08 15:23 | Report Abuse

Despite yesterday huge volume traded with considerable price increase we don't see profit taking activity today. I guess that's very positive .
The next resistance is $1.20 which is no a strong one. I think price may cross $1.20 resistance convincingly within days. Thereafter the sky is blue.

Posted by ImLearningFromSifu > 2023-08-08 15:55 | Report Abuse

i dont know why... i can feel / see that.... after Tok Mat sounded....
no big institution is throwing price now to keep it below rm1 like last time...
maybe will allow it to free flow TO THE TOP.... haha
good good...... huat arrr

ken

673 posts

Posted by ken > 2023-08-08 16:26 | Report Abuse

I did a small analysis on yesterday trade. at 1.10 vol is so high.. 1.11 to 1.18..vol low. and nobody dump at 1.18 or 2.17..

ken

673 posts

Posted by ken > 2023-08-08 16:27 | Report Abuse

2.17.. correction 1.17..

Posted by ImLearningFromSifu > 2023-08-08 16:28 | Report Abuse

all these while... it is the big institution that is dumping and suppressing the price from going higher...

ken

673 posts

Posted by ken > 2023-08-08 16:28 | Report Abuse

today still up. but vol low... mean this buyer has a much bigger agenda...

Posted by ImLearningFromSifu > 2023-08-08 16:44 | Report Abuse

yea.... hopefully

ChloeTai

1,452 posts

Posted by ChloeTai > 2023-08-08 16:56 | Report Abuse

All in at 1.18. Let us hold tight tight until the privatisation process is completed.

Johnzhang

3,098 posts

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

About 11 mil shares traded today is not small. Weighted average price traded is $1.18. It closed at $1.19 and considerable trade done after price fixing at 4.45pm.
Isn't it a very encouraging sign for something big going to materialize ?

ChloeTai

1,452 posts

Posted by ChloeTai > 2023-08-08 17:46 | Report Abuse

@Johnzhang, agree with your opinion.

Dakewlest

1,758 posts

Posted by Dakewlest > 2023-08-08 22:34 | Report Abuse

Next to break is RM1.20.

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