Posted by Dakewlest > 2023-08-18 01:28 | Report Abuse

Senyap pula forum ini.

Posted by Golf123 > 2023-08-18 06:37 | Report Abuse

Palm oil..... evergreen

Posted by calvintaneng > 2023-08-18 09:15 | Report Abuse

Selamat pagi

Apa macam sekarang ?

bila keputusan keluar ?

who gonna give highest offer? or just rumour?

Posted by ken > 2023-08-18 09:20 | Report Abuse

Yesterday rest one day. Today create new high.. not yet reach roof.. relax first.

Posted by ken > 2023-08-18 09:29 | Report Abuse

Operator is getting impatient today..I m perfectly patient.

Posted by rusliasas > 2023-08-18 09:29 | Report Abuse

Ken, what's the roof price?

Posted by ken > 2023-08-18 09:38 | Report Abuse

I don't know..

Posted by ken > 2023-08-18 09:41 | Report Abuse

Abt two months ago one investment banker said estimate rm1.30... today already rm1.29...

Posted by Johnzhang > 2023-08-18 10:05 | Report Abuse

about 10 mil share traded in the first 25mins and a total 15.5 mil shares in first hour after opening bell and at higher price is quite something !

Posted by JJFinn > 2023-08-18 10:09 | Report Abuse

announcement after lunch ?

Posted by Johnzhang > 2023-08-18 10:11 | Report Abuse

many said M&A price $1.30 to$1.50. I consistently said around $2.00 and possibly higher.
Let's just hold our patience for possibly 1-2 weeks to know.

Posted by ken > 2023-08-18 10:59 | Report Abuse

I like your idea, 2+ is good..

Posted by sg999 > 2023-08-18 12:18 | Report Abuse

Yes 2.+, limit up like IJMPLANT

Posted by Heavy987 > 2023-08-18 12:21 | Report Abuse

Hopefully🙏🙏

Posted by JackTan1217 > 2023-08-18 12:52 | Report Abuse

Calling calling all the Naysayers who laugh when i say 1.30...

All the losers, where r u

Posted by miracle_trader > 2023-08-18 13:04 | Report Abuse

haha, everytime up few cents, Jack the liar will appear make noise again, funny la this joker liar.
firstly , he never said 1.30, he said 2.00 n will announce 1 month ago, 1 month later still at 1.30. n the liar Jack said his sister work as accountant in bplant, damn funny

Posted by colin888 > 2023-08-18 13:24 | Report Abuse

Heard from tea lady that MGO at 5 😀

Posted by miracle_trader > 2023-08-18 13:30 | Report Abuse

haha, maybe later jack will say his father work as toilet cleaner at bplant, heard offer price rm8

Posted by Invest_888 > 2023-08-18 13:44 | Report Abuse

If can go up to RM1.39, then RM1.50 will be possible.

Posted by colin888 > 2023-08-18 13:56 | Report Abuse

Something is brewing!

Posted by JackTan1217 > 2023-08-18 14:52 | Report Abuse

Happy to see naysayer coming out again, while i m enjoying my 50% gain now..

Posted by rr88 > 2023-08-18 15:59 | Report Abuse

Saham taik. Lousy business. Sometimes make money, sometimes lose money.

Slow n steady MANIPULATION by CROOKS.

Posted by calvintaneng > 2023-08-18 16:39 | Report Abuse

rr88

bplant is a share with deep deep value

This one longer term will cross Rm3 to Rm5 if all assets are sold and cash distributed to all happy holders

Posted by Johnzhang > 2023-08-18 17:14 | Report Abuse

I think we have to analyse the spectacular price increase of Bplant from 64sen in early June to $1.29 today from the correct angle.
It is NOT about "goreng" activity by shark. Bplant is never a good candidate for shark.
It is NOT about brighter CPO prospect. You don't see such price increase in all other pltn.
It is NOT about earnings or soon to be announced QR. Everyone already expect an unimpressive results at operating level for Q2.
IT IS ABOUT A TAKEOVER OFFER BY A THIRD PARTY !

Posted by Sslee > 2023-08-18 17:40 | Report Abuse

So what will happen if the takeover did not happen?

Posted by value_seeker > 2023-08-18 17:51 | Report Abuse

Will drop back near previous price before rumour starts.

Posted by ken > 2023-08-18 17:52 | Report Abuse

GO not happening!!.. bplant price drop to 80 or 90 sen ... Pay Abt 2 sen div every Q...

Posted by ken > 2023-08-18 17:53 | Report Abuse

Then we can wait for a lot more months for next GO..

Posted by value_seeker > 2023-08-18 17:57 | Report Abuse

The thing is why worry the takeover don't happen. It is like saying Insas might be able to perform like Bplant and go to buy Insas. Would you buy Insas. I would not as the rumour is not true. Bplant rumour sound true and price is moving, and thus move with trend up and decide your exit point.

Posted by Michael Kwok > 2023-08-18 17:58 | Report Abuse

Price 1.29
Will dive below rm 1 if takeover off.like wht had hapoen in MU shares in America.say takeover ut up.no tskeover it down.
18/8/23 6pm

Posted by value_seeker > 2023-08-18 18:00 | Report Abuse

What the moment to sell and be happy.

Posted by Sslee > 2023-08-18 18:28 | Report Abuse

Take profit is no a dirty word.
Then you can time your buying again.

Bplant need Capex for replanting and Bplant give good dividend when on and off sell some land and report hundred million in disposal gain.

Posted by DividendGuy67 > 2023-08-18 18:37 | Report Abuse

No shame to take some profits off the table like today when cost is so low. I am a believer in selling into strength and my 25% portion taken off the table today at RM1.28.

Posted by Johnzhang > 2023-08-18 18:41 | Report Abuse

Sslee,
You must well ask what's the probability of a takeover offer happening ? I think that is more positive way of looking at the issue.
You got to read between the lines what LTAT's CEO said about its transformation targets, what Tok Mat said when asked about Bplant's disposal and what the Edge reported and Bplant responses.
No one give you straight forward answer and you just have to draw your own conclusion and be guided by your own conclusion .

The pattern of trades, volume and share price development for Bplant in past 2 months give strong indication too.

Posted by Sslee > 2023-08-18 18:52 | Report Abuse

If LTAT/Bousted holding take Bplant private then it will be a done deal.

But for Boustead Holdings Bhd to divest its 57% stake in Bplant and for new major shareholder to offer VGO is a bridge too far because Bplant carried a lot of political baggage.

It is more easy for Bplant to sell land piecewise report hundred million on disposal gain and give dividend.

Posted by Dakewlest > 2023-08-18 19:10 | Report Abuse

Harap-harap minggu depan lepas RM1.40.

Posted by sg999 > 2023-08-18 19:17 | Report Abuse

Minggu depan 2.5 dah.

Posted by calvintaneng > 2023-08-18 19:21 |

Post removed.Why?

Posted by calvintaneng > 2023-08-18 19:22 | Report Abuse

correction

at Rm10 billions debt with just 5% interest payment LTAT has to cough up Rm500 millions per year

Posted by calvintaneng > 2023-08-18 22:52 | Report Abuse

There is a time line for wealth

1) Future Wealth

2) Present Wealth

3) Past Wealth

Future, present & past Wealth? What are they?

Let me illustrate

1) Future Wealth is represented by a young graduate fresh from School. Usually a young man in his mid twenties.

He is still young and yet to buy his own house. He might own an affordable car or just a motorbike.

What has he got? HE HAS HOPE. HE IS FULL OF DETERMINATION TO SUCCEED & FULL OF IDEAS!! But he has yet to make any real monies. His Wealth is Yet in The Future!

This is represented by a very young company. Management is full of ideas, ventures & mergers. Full of energy & hope. Lots of enthusiasm during IPO. See how many write up to promote this newly listed company. Gullible people are chasing. But the stock is yet untested. Business yet to prove itself. All hype and hope for Wealth still in the future!

Calvin rarely invest in this type of company. Better avoid.

Why avoid?

See this

Most Start-up Businesses Fail in the First Five Years, Myth or Reality?
Starting up a new business is proving to be a hard task for most of the entrepreneurs across the business world. The rate of failure within the first five years of business operations is still debatable and is said to be different from one economic zone to another. This is said to be depending on the various internal and external environmental forces operating in different industries. According to Griffith (2014), he postulates that over 60% to 70% of start-ups cannot survive beyond their first five years.
Yes! More than 50% of all new businesses will fail within the 1st five years
That is why Calvin generally avoid buying new unproven stocks. I need at least 3 years after listing to read its yearly Annual Reports before buying. Or else wait or give it a pass.
In real life Established Companies will only look for qualified workers with proven experience & skill with real results or testimonies of good performance from his previous companies. They don't hire you by what you claim. They only hire proven results from skill & qualifications



2) Present Wealth.

Represented by Growing Companies with Proven Income. Usually healthy PRESENT Growth that is visible. This is like a mature man in his 30s to 40s. He has bought his house & car. But the bulk of his monies still invested in his growing business.

So his wealth is still being generated in the present.

This is popular growth stocks.

Calvin will buy some. On one condition. He looks for a fair price to enter. Best is during a market crash or overlooked by the market.


BUT CALVIN WON'T PAY A HIGH PRICE FOR THEM WHEN PRICES ARE INTO OVERVALUATION. IF YOU OVERPAY FOR ANYTHING. CHANCES ARE THEY WILL UNDERPERFORM THE MARKET FOR A LONG TIME TO COME LATER.


3) Past Wealth.

This is an old matured person in his 50s, 60s, 70s or even 80s

He once was a young graduate with Vision. He moved on to be a very successful businessman in his prime. So he has used his earnings to buy lots and lots of Assets like Lands, properties, warehouses, shophouses & other investments of Value. CASH OR EARNINGS CONVERTED TO REAL GOOD SOLID ASSETS - SO HIGH NTA REFLECTED IN BOOK VALUE.

As he is already old he slows down. He takes less risk. He looks for Capital Preservation First with a View to Growth. But usually things are more settled as he is no longer as hungry like he was as a fresh graduate once.



So I avoid buying stocks with "future growth" hype. Selectively buying Present Growth Stock if I SEE VALUE. And love buying into PAST WEALTH STOCKS OF IMMENSE VALUE SELLING AT DEEP DEEP DISCOUNT


I avoid the young man company with hope of future wealth. I will buy some (only selectively) the mature company of present wealth if they sell at reasonable prices. I concentrate on Deep Value Stocks of PAST ACCUMULATED WEALTH SELLING AT DEEP DISCOUNT

Posted by calvintaneng > 2023-08-18 22:53 | Report Abuse

MAIN REASON WHY BPLANT GOES UP IS DUE TO

ITS PAST STORED WEALTH IN ITS "GOLD MINE" LANDS

Posted by sg999 > 2023-08-18 23:42 | Report Abuse

Or in simple word, BPLANT going to unlock it's land value?!!!

Posted by Golf123 > 2023-08-19 05:32 | Report Abuse

Very hard to sell bplant to outside parties because of political baggages.
Most probably will be taken private by Boustead holding and slowly selling the estates for other developments to outside parties which will generate good cash flow, particularly those estates in johore.
Wait for offer price to take it private.

Posted by Yippy68 > 2023-08-19 07:26 | Report Abuse

in this world, the only thing that continue go up is your age. hahaha.

Posted by FlyingEagle > 2023-08-19 08:27 | Report Abuse

High blood pressure also.....

Posted by Johnzhang > 2023-08-19 11:28 | Report Abuse

(A) Bstead/LTAT to privatise BPlant ?
OR
(B) Bstead/LTAT to dispose their stakes in Bplant to a 3rd party ?
Which is most probable ?
I think (B) is most likely. Reasons :
1. No need to invite bids if (A) is the decision. Unless you think the Edge report is crap.
2. (A) doesn't not fit in LTAT's transformation program and targets.
3. Bstead/LTAT lack of financial muscle to successfully taking BPlant private .

Whoever is taking over BPlant shall pay a premium over the last traded price. So, it doesn't really matter to me.

Posted by speakup > 2023-08-19 11:34 | Report Abuse

Bankrupt company like Bstead should just dispose their jewel Bplant. If they can't do things right for years, they should just let go cheap

Posted by Johnzhang > 2023-08-19 11:51 | Report Abuse

Speakup,
why let go cheaply ? Just like some retail investors letting go their shares cheaply ?
There is market price for plantation land mah. Some discount shall be given for lock, stock and barrel deal.

Posted by calvintaneng > 2023-08-19 11:59 | Report Abuse

No way boustead will simply sell Bplant cheaply

They are expert real estate developers

In Taman Mutiara Rini, Johor they build a thriving Township

Go visit Taman Mutiara Rini will know

Their houses sell like hot cakes and at very high prices as well

Posted by Johnzhang > 2023-08-19 12:14 | Report Abuse

Who are the aggressive buyers that led to 100% surge in share price in past 2 months ?
Are they a circle of well connected people who privy to the progress of the deal and may even be influential to the decision making ?
Mmm.........Something to ponder over the weekend.