Posted by calvintaneng > 2023-08-23 20:58 | Report Abuse

Yes excitement fills the air

Wait see how things unfold

Posted by MarketPredictor > 2023-08-23 21:10 | Report Abuse

https://themalaysianreserve.com/2023/08/23/boustead-plantations-suspends-share-trading-amidst-speculation-on-stake-disposal/

Posted by colin888 > 2023-08-23 21:33 | Report Abuse

Tomorrow will limit up

Posted by colin888 > 2023-08-23 21:35 | Report Abuse

Just look AT the limit price …. Too low for the sale price . Good luck and hope for higher price.

Posted by Dakewlest > 2023-08-23 21:51 | Report Abuse

Limit up 30% max right? What if the disposal price is more than 30% of today’s closing price, then Friday will continue limit up? Just wondering…

Posted by Heavy987 > 2023-08-23 21:54 | Report Abuse

Wowwww

Posted by speakup > 2023-08-23 22:00 | Report Abuse

My spidey senses are tingling 🕷

Posted by Dakewlest > 2023-08-23 22:12 | Report Abuse

Tyranny, aku memang tahulah yang boleh limit up esok, cuma Jumaat tu ada kemungkinan tak untuk limit up lagi kalau harga disposal tu lebih, let say 70% from current price. Tu je.

Posted by rusliasas > 2023-08-23 22:29 | Report Abuse

If share suspended...the price remains 1.37

Posted by sg999 > 2023-08-23 22:33 | Report Abuse

Will ijmplant history repeata on bplant????

Posted by calvintaneng > 2023-08-23 22:40 | Report Abuse

not sure yet if major holders can get up to 90% to launch compulsory MGO for Bplant

Klk taking over Ijmplant at Rm3.10 was easy as there is not much assets value compared to Bplant "gold mine lands of colossal value "

last time Harrison wanted to take it private around Rm1.30 to Rm1.40 buy blocked by one Peter guy from USA
Harrison privatisation was called off and eventually Harrison share price crossed Rm10.00

Also when Hong Leong was to privatise it's Hong Leong capital at Rm1.71 but someone blocked it
eventually hl capital jumped over Rm10.00 and today still listed and price is Rm5.43 ( still up by more than 200% from Rm1.71 offer )

If bplant is privatised too low below Rm1.50 or even Rm2.00 some parties might buy it up to prevent privatisation just like Harrison and Hl capital

Bplant is full and overflowing with value

a gold mine of immense wealth

Posted by MarketPredictor > 2023-08-23 22:52 | Report Abuse

https://www.google.com/amp/s/www.nst.com.my/amp/business/2023/08/946588/boustead-sell-stake-plantation-arm-klk

Posted by MarketPredictor > 2023-08-23 22:54 | Report Abuse

KUALA LUMPUR: Boustead Holdings Bhd is selling no less than 30 per cent stake in Boustead Plantations Bhd (BPlant) to Kuala Lumpur Kepong Bhd (KLK) in a deal which values the company at more than RM3 billion, according to sources.

Posted by MarketPredictor > 2023-08-23 22:55 | Report Abuse

Selling at value more than 3 billion.....

Posted by sg999 > 2023-08-23 22:59 | Report Abuse

WOwww buyers is KLK?? so might repeat IJMPLANT!

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

Sempat lagi nak beli esok. Rasanya nilai Bplant lebih RM2.00.

Posted by Luen07 > 2023-08-23 23:18 | Report Abuse

Bplant esok minta cuti

Posted by drken91 > 2023-08-23 23:50 | Report Abuse

screw you all trying to be sifus,
it was Sifu Calvin who first, and earnestly recommended Bplant - show some respect to the king of oilpalm

Posted by brianklc > 2023-08-24 00:46 | Report Abuse

KLK doesn’t ask for suspension

Posted by Yippy68 > 2023-08-24 03:45 | Report Abuse

hahaha, all are newbie, except a shemale claim export but holding nothing, hahaha, who is eventually laughing to the bank. hahaha

Posted by MarketPredictor > 2023-08-24 06:04 | Report Abuse

https://theedgemalaysia.com/node/679926

Posted by shiby > 2023-08-24 06:12 | Report Abuse

If we the minority shareholders hold.we can get better deals like IJMPLANT.

Posted by colin888 > 2023-08-24 06:12 | Report Abuse

2.3to 2.4 😎

Posted by colin888 > 2023-08-24 06:13 | Report Abuse

https://www.nst.com.my/amp/business/2023/08/946588/boustead-sell-stake-plantation-arm-klk

Posted by lionel messi > 2023-08-24 06:18 | Report Abuse

Missed the boat on this one? No worries. Wait for FGV, the mother of all privatization. Still got time and still so cheap to load up. Don't miss this full of golden value ya Calvin. Huat ah.

Posted by calvintaneng > 2023-08-24 06:35 | Report Abuse

BPLANT PRIVATISATION NEWS OUT! AND COMPARE BPLANT'S VALUE WITH PAST PRIVATISED STOCKS: KULIM, KWANTAS, IJMPLANT & TMAKMUR, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2023-08-24-story-h-241896840-BPLANT_PRIVATISATION_NEWS_OUT_AND_COMPARE_BPLANT_S_VALUE_WITH_PAST_PRIV

Posted by Yippy68 > 2023-08-24 07:30 | Report Abuse

buy MBSB, Soon be listed as bank . TP 1.50

Posted by speakup > 2023-08-24 07:54 | Report Abuse

news say KLK buy 33% of Bplant
my suspect is it is suspended so that the share price dont go way up above KLK's buying price. otherwise some ppl will say why KLK got special discount, malay company sell to chinese company got discount, etc.
so my guess is KLK is buying probably around 1.50. bottom line is KLK price is not far off from current share price 1.37

Posted by garethball > 2023-08-24 09:45 | Report Abuse

yahoooo.. 2.00 for sure. huathahahaha

Posted by liewkitkong > 2023-08-24 09:47 | Report Abuse

I Just bought this counter on closing price yesterday for contra purpose. Today this counter suspend confirm take private lohh. kaya kaya kaya.

Posted by calvintaneng > 2023-08-24 10:37 | Report Abuse

By right bplant suspended Klk the offerer should be suspended as well

last time when Ijmplant was suspended Klk was also suspended concurrently

Why the delay for Klk?

Could there be other parties counter offer at a higher price ?

Posted by Johnzhang > 2023-08-24 11:06 | Report Abuse

Rice is already cooked. Just waiting for the meal to be served. No need to speculate anymore. Just be happy for what is coming along.

Posted by brianklc > 2023-08-24 11:07 | Report Abuse

That was wht I was thinking yesterday. I did a search on the potential suitors for any concurrent suspension request but can’t find any. It could also means market cap of bplant of 3b is immaterial as compared to market cap of KLK of 24b. BUT this logic does not hold water as IJM Plant market cap was 2.7b then

Posted by ken > 2023-08-24 11:12 | Report Abuse

Bstead has long term and short term debt totaling close to 1 billion..

Posted by ken > 2023-08-24 11:12 | Report Abuse

I mean bplant... Correction

Posted by Sslee > 2023-08-24 11:30 | Report Abuse

If KLK only acquired less than 33% to help LTAT/Boustead holding to solve their cashflow problem then no MGO required.

Boustead Holdings is the single largest shareholder of Boustead Plantations with a 57.42% stake, followed by LTAT with a 10.59% stake

Posted by Sslee > 2023-08-24 11:36 | Report Abuse

If more than 33% then will offer MGO for share not owned by KLK and PAC (LTAT and Boustead Holding) taking private.

Posted by ken > 2023-08-24 11:42 | Report Abuse

The main idea is LTAT no longer wants to manage business. They prefer manage fund like PNB, kwsp, kwap... Easier lah.. manage business manyak penat, some more making losses .no div to pay ex army...

Posted by brianklc > 2023-08-24 11:44 | Report Abuse

Sslee, thts wht I suspected, MGO is an event which requires concurrent suspension. However if it falls below the MGO threshold, no MGO hence KLK can offer Bplant at any price without worry…

Posted by brianklc > 2023-08-24 11:46 | Report Abuse

LTAT wants a special price for the lion share they hold, not to forget the land was theirs initially… so it’s impossible they will be happy with an offer which is same as wht it’s to those retail investors…

Posted by ken > 2023-08-24 11:46 | Report Abuse

The idea is good. Let the skillful ppl do their work... You have a lot of money/asset.. sit-down manage $$ only lah... The professional all listen to you... Our kepala not too good, borrow other kepala to do best work... Good idea... They will very successful like PNB epf..etc

Posted by brianklc > 2023-08-24 11:47 | Report Abuse

After this, they can just follow the same bstead playbook tricks to sapu the shares from the market

Posted by Bursino > 2023-08-24 12:31 | Report Abuse

It's a National Duty. KLK obliged.

Posted by speakup > 2023-08-24 12:48 | Report Abuse

Yeah Klk now responsible for replanting all Bplant old trees. I read somewhere 60% of Bplant trees are past prime so low yield

Posted by MarketPredictor > 2023-08-24 12:51 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3378914

Posted by Albukhary > 2023-08-24 13:01 | Report Abuse

RM1.55

Posted by Heavy987 > 2023-08-24 13:08 | Report Abuse

Haiyaaaa lower than expectations

Posted by calvintaneng > 2023-08-24 13:11 | Report Abuse

Yes still undervalue

TA ENTERPRIZE
65.5 SEN

BOUSTEAD
85.5 SEN

BPLANT
RM1.55?🤔

Posted by JackTan1217 > 2023-08-24 13:17 | Report Abuse

Hallo, Naysayers... Where are u now...

Posted by StayHumble > 2023-08-24 13:26 | Report Abuse

RM1.55 is a joke. Minimum RM2 laa