Posted by laosai > 2023-09-15 15:54 | Report Abuse

Not only pembangkang oppose how abt EPF? KLK already down >RM1 since takeover announcement.

Posted by ACE9696 > 2023-09-15 15:58 | Report Abuse

bad news to bplant? xde orang mau take-over bplant lagi?

Posted by laosai > 2023-09-15 16:02 | Report Abuse

EPF own KLK not B Plant.

Posted by laosai > 2023-09-15 16:02 | Report Abuse

EPF contributors like EPF dividend reduce because of overprice takeover?

Posted by laosai > 2023-09-15 16:04 | Report Abuse

EPF dividend reduce then PM-X better resign.

Posted by speakup > 2023-09-15 16:11 | Report Abuse

Gone! Those ppl holding for 1.55 now cry

Posted by ACE9696 > 2023-09-15 16:34 | Report Abuse

habislah bplant, back to square

Posted by KingKoil > 2023-09-15 18:22 | Report Abuse

Check this

https://www.reuters.com/business/environment/el-nio-conditions-continue-through-winter-us-forecaster-2023-09-14/

Posted by Sslee > 2023-09-15 18:31 | Report Abuse

No wonder people sell down Bplant and bought Jtiasa

BOUSTEAD PLANTATIONS BERHAD
Type Announcement
Subject MONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)
Description Monthly Crop Figures for August 2023
MONTH TODATE
BOUSTEAD PLANTATIONS BERHAD 71,417.85 509,577


Stock: [JTIASA]: JAYA TIASA HOLDINGS BHD
Sep 15, 2023 2:35 PM | Report Abuse

FFB Production
Jan: 69,891
Feb: 58,983
Mar: 61,486
3 months: 190,360

Apr: 61,312
May: 78,585
Jun: 84,751
3 months: 224,648

July: 110,269
Aug: 120,312
Sept:
3 months

Posted by alexgan9918 > 2023-09-15 21:58 | Report Abuse

Should I sell or hold bplant? Price is dropping now

Posted by Sslee > 2023-09-16 08:10 | Report Abuse

KUALA LUMPUR (Sept 11): Kuala Lumpur Kepong Bhd (KLK) has entered into a letter of agreement with Boustead Holdings Bhd (BHB) and the Armed Forces Fund Board (LTAT) to agree for the cut-off date for a strategic collaboration agreement (SCA) to be Sept 22 or such other date as may be agreed in writing between KLK, BHB and LTAT.

When the SCA become effective/unconditional/legally binding then Bplant shareholders will receive KLK offer letter at RM 1.55

Posted by alexgan9918 > 2023-09-16 10:52 | Report Abuse

Sslee,need your advice, should I keep and see or let's go before price drop more and I suffer loss. Any chance of rebound?

Posted by rohank71 > 2023-09-16 12:38 | Report Abuse

When KLK don't buy from open market, much lower than takeover price, we have to be worried.

Posted by rohank71 > 2023-09-16 12:39 | Report Abuse

Surely some problem which is not disclosed YET.

Posted by speakup > 2023-09-16 12:58 | Report Abuse

Better sell to Klk cheap

Posted by Sslee > 2023-09-16 16:43 | Report Abuse

On June 3, Syed Mokhtar, via his private vehicle Seaport Terminal (Johore) Sdn Bhd (STJSB) which owns a controlling 51.76% stake in MMC, announced that he plans to take the company private via an SCR exercise at RM2 per share.

The last time when Syed Mokhtar SCR MMC at RM2.00 and I do not know why on certain days someone sold down to below RM 1.80. I just collect more below RM 1.80 because I know the EGM will surely approve the deal.

As of Kuala Lumpur Kepong Bhd (KLK) has entered into a letter of agreement with Boustead Holdings Bhd (BHB) and the Armed Forces Fund Board (LTAT) to agree for the cut-off date for a strategic collaboration agreement (SCA) to be Sept 22 or such other date as may be agreed in writing between KLK, BHB and LTAT.

Will the SCA become effective/unconditional/legally binding is still uncertain as market talk is KLK overpaid for Bplant and you know Malaysia politicianss are having a field day turning the deal into racial issue.

By the way for pure plantation stocks you just need to know the FFB havest for the quarter, total borrowing the company have and MPOB spot price monthly average to know what the quarter result will be.

KLK is not paying for the Bplant plantation business but paying a high premium for the freehold plantation land Bplant have.

LTAT need the money and yearly dividend thus previously Bplant just sold some valuable land to report few hundred millions disposal gain to pay good dividend.
Note: Company Act 2016 only allow dividend payment from profit unlike previously Bplant can even borrow money to pay good dividend

Bplant palm trees are old and need Capex for replanting.

So whether to sell Bplant now or hold on is a decision you need to make yourself.

Posted by speakup > 2023-09-17 08:17 | Report Abuse

2 strategy:
1. buy 1.46, sell 1.55
2. sell 1.46 cheap

Posted by alexgan9918 > 2023-09-17 10:40 | Report Abuse

Wondering if I should hold to reach 1.55 or sell if off now? Hard to decide

Posted by Yippy68 > 2023-09-17 21:33 | Report Abuse

haha, if your cost is 50 sen. you should sell at 1.46, you made nearly 200% ,why not. but if you are a day trader and you bought at 1.50, your are trapped.

Posted by calvintaneng > 2023-09-17 22:11 | Report Abuse

Tsh resources versus Bplant

1. Tsh recent lowest was 90 sen and now only Rm1.01 while Bplant recent lowest was 60 sen and now Rm1.46

that means that Tsh still a laggard while Bplant is up alot

buy low sell high now applies more to Tsh

2. Bplant owners Ltat and Boustead are under huge financial burden due to very high debt while Tsh's pared down debts from Rm1.4 billions to only a mere Rm77 mil next debt
plus directors of Tsh has been loading up to the hilt and holding firmly

3. Bplant is now a popular hot 🔥 stock as seen by many enthusiastic traders, punters, investors and what not ?

While Tsh has been under constant attacks by naysayers relentlessly

so more 90% likes Bplant while less than 10% cares to take another look at Tsh

history and real life experience tell us eventually more than 90% will lose money and only less than 10% will make money

So use your brain and think very carefully

Posted by TheContrarian > 2023-09-18 09:19 | Report Abuse

Why is Bplant dropping?

Posted by curiousq > 2023-09-18 09:27 | Report Abuse

You follow Calvin tips and loss a lot ?

Posted by stanleylua > 2023-09-18 09:56 | Report Abuse

https://www.nst.com.my/business/feature/2023/09/956536/klk-has-most-financially-appealing-bplant-bid

Posted by ACE9696 > 2023-09-18 14:01 | Report Abuse

so memang fixed RM1.55? or 1.3? 1.2?

Posted by OnTime > 2023-09-18 14:05 | Report Abuse

nothing is fixed until all parties sign on the dot dot line

Posted by kelvin61 > 2023-09-18 16:00 | Report Abuse

The last update in Bursa, after KLK's last purchased made in the open market on 7 Sept 23 plus the stake bought earlier from LTAT amounted to 35.71%.

This have not included the offer from KLK which is pending to minorities soon at RM1.55, cheers.

Posted by ChloeTai > 2023-09-18 21:00 | Report Abuse

Is 22 Sept 2023 (Friday) the ex-date?

Posted by ChloeTai > 2023-09-18 21:05 | Report Abuse

Is it that those who hold the Bplant until 22 Sept 2023 (before 5 pm) will be sent offer letter of RM1.55?

Posted by ChloeTai > 2023-09-18 21:06 | Report Abuse

But why is the Bplant share price going down and not heading to 1.54/1.55?

Posted by ChloeTai > 2023-09-18 21:23 | Report Abuse

If follow the privatization of Oldtown, the letter of offer will be issued within 21 days from 25 Sept 2023 (notice of offer in KLK announcement).

Posted by ChloeTai > 2023-09-18 21:29 | Report Abuse

KLK must have at least 90% of acceptance by 14 Nov 2023 (another 21 days).

Posted by ChloeTai > 2023-09-18 21:35 | Report Abuse

Last thing is to receive the money shareholders sold Bplant to KLK (within 10 days from 14 Nov 2023).

Posted by ChloeTai > 2023-09-18 21:37 | Report Abuse

The share price of Bplant will stay Queue at RM1.55. It won't go above RM1.55.

Posted by Seeking > 2023-09-18 22:03 | Report Abuse

What if less than 90% acceptance? Higher offer price from klk

Posted by ChloeTai > 2023-09-18 22:08 | Report Abuse

One troubling matter is why KLK does not need an EGM to approve the purchase of Bplant in order that the STRATEGIC COLLABORATION AGREEMENT (SCA) becomes unconditional. MBSB needs an EGM to acquire MIDF and SIME needs an EGM to acquire UMW.

Posted by speakup > 2023-09-18 22:22 | Report Abuse

https://theedgemalaysia.com/node/682988

Besok.....LIMIT UP!!!!

Posted by ACE9696 > 2023-09-19 00:20 | Report Abuse

ChloeTai: apa lu harap? malaysia boleh ma!

Posted by taitaumau > 2023-09-19 06:41 | Report Abuse

https://theedgemalaysia.com/node/682988
( dated 18 Sep 2023, 08:58 pm)
An extract:
** However, the minister noted that Boustead’s deal with KLK has yet to reach the stage where it requires his approval, adding that he is also in dialogue with the Ministry of Finance (MOF) to address Boustead’s other debt obligations. **
Does it mean ???
(A) pending his approval or
(B) his approval not required

Posted by speakup > 2023-09-19 07:38 | Report Abuse

back to 1.50+ today

Posted by ChloeTai > 2023-09-19 12:46 | Report Abuse

@ACE9696, saya cuma berharap segala urusan pengambilalihan berjalan dengan sempuna dari mula sehingga akhir. Ini pengalaman baharu bagi saya.

Posted by ChloeTai > 2023-09-19 12:50 | Report Abuse

@taitamau, Pak Mat is convinced that this takeover can be carry out by Boustead Holdings Berhad themselves without troubing him.

Posted by ChloeTai > 2023-09-19 12:57 | Report Abuse

@seeking, If less than 100% acceptance, another week will be given. Referring back to OldTown Berhad, it reaches almost 100%. Every week, KLK will announce the percentage of acceptance until the 3 or 4 weeks. If still do not achive 90%, I also don't know. I am also learning new things.

Posted by k3nthiew > 2023-09-20 09:26 | Report Abuse

FYI, once the SCA turned unconditional, a notice of Unconditional General Offer will be issue, letter of acceptance will be available after 21 days from notice. Normally offer will be open for acceptance for 21 days and offeror can extend up to maximum 60 days, payment will be received within 10 days from the date of acceptance.

Posted by calvintaneng > 2023-09-20 09:56 | Report Abuse

With Tok Mat coming out with a statement that Bplant sale will help to prevent Boustead from financial distress the Mgo will now go through

If Bplant stays listed will be good however bplant will most probably be taken private

At Rm1.55 with all its "gold mine lands" not revalued we will never know the full eventual enterprize value of bplant.

We hope bplant can remain listed but if not there is still thplant, jtiasa and tsh with potential

However, invest only if you can buy and hold longer term

Posted by michael_jackson > 2023-09-20 14:31 | Report Abuse

wow... very good offer...RM1.55 my drean come true...impian become nyata lor. aku ingat dulu paling tinggi sekitar 1.20, lepas itu jatuh menjunam bawah 0.60 ada rezeki lah kali ini.

Posted by malaysiakuku > 2023-09-20 14:41 | Report Abuse

memang bagus juga ada orang beli syer aku. Rm1.55 wow. aku terima seadanya...haha

Posted by aku_cinta_padamu > 2023-09-20 14:57 | Report Abuse

Boustead Plantations to be taken private by KLK, major shareholders, at RM1.55 per share according to The Malaysian Reserve news. so boleh confirmed lah, if everything went smoothly ya.

Posted by ChloeTai > 2023-09-20 21:15 | Report Abuse

@atk3nthiew, that means the ex-date is 21 days after KLK issues an unconditional general offer. Just hold on to the shares. KLK registrar is Symphony Share Registrar Sdn Bhd.

Posted by ChloeTai > 2023-09-20 21:22 | Report Abuse

Anything don't understand, just call the registrar 03-78490777. I am also holding UMW to be acquired by Sime Darby at RM5.00. Now still standing (not moving) at RM4.77 with high trading volume (buy and sell themselves by Sime Darby).

Posted by ChloeTai > 2023-09-20 21:32 | Report Abuse

Sime Darby EGM is on 16 Nov 2023. Shareholders will sure to pass the takeover proposal. Sime registrar is Tricor Sdn Bhd.