Posted by 5354_ > 2023-10-02 11:03 | Report Abuse

1.55 where? Why drop so much?

Posted by SorosMalaya > 2023-10-02 11:17 | Report Abuse

Relax laa just rejection on Montly Resistance .

Posted by newbie4444 > 2023-10-02 11:22 | Report Abuse

Latest QR not loss? Why RM 1.2-1.5 consider cheap sifus can explain?

Posted by shiby > 2023-10-02 11:23 | Report Abuse

Stock: [BPLANT]: BOUSTEAD PLANTATIONS BHD
Glad i made the decision to sell at rm1.52 one month ago and switch to other counter
1 month ago | Report Abuse

Lock profit & sell all after holding for 3.5 months.Thank you & i wish all the best for those still holding.

Posted by RJ87 > 2023-10-02 11:28 | Report Abuse

Hear Bumi company only terus get low valuation.

Bumi company cannot sell cheap to non bumi company. But can sell cheaper to another bumi company.

Take the money and move on la.

Posted by ChloeTai > 2023-10-02 11:33 | Report Abuse

Today limit down price is 0.7 × 1.46 = 1.0. I cut off at 1.43.

Posted by zahyus1 > 2023-10-02 11:39 | Report Abuse

Just a short delay to Oct 6th for the shares disposal to KLK.. just to iron out the kinks.. I believe it will happen.

Posted by Bursino > 2023-10-02 11:49 | Report Abuse

Haha
Shift position to TH Plantation.
💪

Posted by zahyus1 > 2023-10-02 11:57 | Report Abuse

KUALA LUMPUR (Oct 2): Proprietary day trading (PDT) and intraday short selling (IDSS) of Boustead Plantations Bhd shares have been suspended for the rest of Monday after their last done price fell by more than 15 sen or 15% of the reference price.

"Short selling under IDSS will only be activated the following trading day, Tuesday, Oct 3, 2023, at 8.30am," said Bursa Malaysia in a filing on Monday.

At the time of writing, the stock was down 14.38% or 21 sen to RM1.25, with 1.42 million shares traded. It had earlier fallen to a low of RM1.23.

Posted by newbie4444 > 2023-10-02 12:23 | Report Abuse

Why must happen? Unlike Ijm Plant which is profitable BPlant is loss making bec Bumi run company?

Posted by newbie4444 > 2023-10-02 12:25 | Report Abuse

B Plant directors got buy?

Posted by newbie4444 > 2023-10-02 12:28 | Report Abuse

>1.2 cheap why not 0.6 cheaper?

Posted by ACE9696 > 2023-10-02 12:28 | Report Abuse

buy! cheap now 1.220

Posted by newbie4444 > 2023-10-02 12:30 | Report Abuse

CPO also drop won't affect B Plant?

Posted by ChloeTai > 2023-10-02 13:25 | Report Abuse

Perikatan National playing racist issue can crash BPLANT. Stunned.

Posted by StayHumble > 2023-10-02 13:40 | Report Abuse

For them the definition of Bumi means their own family members or cronies

Posted by tomwah > 2023-10-02 14:01 | Report Abuse

Omg. Got trap again:(

Posted by Bursino > 2023-10-02 14:07 | Report Abuse

Read the deal. Two plots of prime land in JB and Penang will be given back to LTAT ! I think KLK is doing National Duty. If Machang MP becomes Chief I believe he will be doing plenty of Malayan Banking or MISC transfer ownership type of deals.

Posted by liewkitkong > 2023-10-02 14:58 | Report Abuse

In malaysia only DAP not playing racist card & free from corruption. Come on guys lets make Lim Guan Eng atleast become finance minister. huathahahahaha

Posted by putusamy > 2023-10-02 14:59 | Report Abuse

ya2.. Lim guan eng only clean MP. he deserves become our finance minister. LGE x pernah salah titik perpuluhan meh.

Posted by ValueInvestor888 > 2023-10-02 15:07 | Report Abuse

These MP PNs drawing fat salaries have nothing to do every day talk about race, Bumi cannot sell to non bumi firm lah etc.

I have mentioned that it is not easy for the deal to go thru due to racial politic in Msia...

Posted by investor77 > 2023-10-02 15:23 | Report Abuse

What is happening ?Why sudden drop ? Is the deal off ? B Plant or KLK should make material announcements if something affects the take over price. Don t leave investors hanging on what is happening.!!!

Posted by Icon 888 > 2023-10-02 15:53 | Report Abuse

Game over la..

Posted by ChloeTai > 2023-10-02 15:56 | Report Abuse

@ investor77

https://harakahdaily.net/index.php/2023/09/18/jangan-lepaskan-pegangan-boustead-plantations/

Posted by Bursino > 2023-10-02 16:06 | Report Abuse

Not so simple-lah. Agreement signed. KLK also bought in the open market. Deal abort? Who is going to pay compensation? National duty again? Arm twisting? Investors cabut lari !

Posted by firehawk > 2023-10-02 16:15 | Report Abuse

is very unlikely the deal blows ....this will damage the gov trustfulness !!

Posted by ACE9696 > 2023-10-02 17:58 | Report Abuse

1270 to 1550 (= RM280) , hoot9e ! klk bought 1.460

Posted by ken > 2023-10-02 18:11 | Report Abuse

The King calm only buy 6.1 mil shares last Friday at 1.46.. the monkeys saw shadow few weeks ago...already choas.. pls don't do that leh.. can heart attack one you know..

Posted by ken > 2023-10-02 18:12 | Report Abuse

Maybe already few old man woman.. heart attack.. bad karma leh .

Posted by ken > 2023-10-02 20:34 | Report Abuse

Luckily I sold some. Collect back my capital..My average cost is at zero.. otherwise today I heart attack Liao..

Posted by TokAbah > 2023-10-02 21:13 | Report Abuse

Esok rebound kuat lorr. Some bloke makes profit from panic ikan bilis mah

Posted by Mabel > 2023-10-03 06:45 | Report Abuse

Just like FGV, Government is cuming to the rescue...RM 300 million will be pumped in this week.

As a Shareholders for KLK, Mabel is OK if this deal doesn’t go through. Unlike the previous IJM Plantation, which is profitable, Boustead Plantation is loss making company. In addition, more capital injection is required to plant those aging Palm Oil trees.

Recap: The sale to KLK is a good deal for them (LTAT) and leaves KLK holding the baby, taking all the risks. Boustead Plantations, while owning a large tract of plantation land, has among the lowest fresh fruit bunch (FFB) yields in the industry. Almost half of its plantations require replanting, which would cost Boustead Plantations RM600 million or thereabouts. It will take a very long time for Boustead Plantations to generate sufficient operating profit to translate into steady dividends for LTAT.

Put another way, 46% or 32,963ha of Boustead Plantations’ oil palm trees are over 20 years old. At an average replanting cost of RM30,000 per hectare, and a replanting exercise of 5,000ha per year, Boustead Plantations would have to fork out RM150 million a year.

The news of KLK acquisition has helped Boustead Plantation shares to rocket from 65 sen to RM 1.52. Now it has gone down RM 1.22. Following the steep decline, Bursa suspended proprietary day trading (PDT) and intraday short selling (IDSS) of Boustead Plantation shares for the rest of Monday. KLK shares, meanwhile, stood unchanged at RM21.40 per share at the noon break. Mabel think KLK shares prices will climb after this since no more National Duty is required to save Boustead Plantation.

Mabel, the FarMeow...

Posted by Yippy68 > 2023-10-03 07:27 | Report Abuse

bolih land, anything bolih berlaku.

Posted by Yippy68 > 2023-10-03 07:33 | Report Abuse

close this forum for few days, let market decide without all predictions from irresponsibles.

Posted by speakup > 2023-10-03 07:51 | Report Abuse

we have a "U" turn madani govt. just because some opposition politicians make noise, PMX no guts to stick to the agreement but bow to opposition. that's why speakup no longer support this no-backbone fake-reformist govt.
govt must compensate Klk for all the shares Klk bought around 1.50

Posted by ken > 2023-10-03 08:30 | Report Abuse

The edge reported klk- LTAT deal falls through..

Posted by ken > 2023-10-03 08:35 | Report Abuse

https://www.klsescreener.com/v2/news/view/1211123

Posted by rr88 > 2023-10-03 08:50 | Report Abuse

Opening at 1.10 - 1.15. LD @ 0.89.

0.65 => 1.50 => 0.65 long term.

You cut loss for a 0.20 - 0.35 loss at opening bell still considered not too bad.

Those with means who collected 1.45 - 1.50 for sure money at 1.55 better than FD, can try saman for misleading information.

Posted by rr88 > 2023-10-03 08:54 | Report Abuse

Lower now. Will open 1.00 - 1.10.
Heartfelt condolence to fallen comrades.

Posted by birkincollector > 2023-10-03 08:58 | Report Abuse

suspended

Posted by rr88 > 2023-10-03 09:02 | Report Abuse

The SOB suspended for an hour. 1 hr of nervousness to fallen heroes.

Posted by xiaoqing88 > 2023-10-03 09:05 | Report Abuse

sad for madani government. nobody will vote for them anymore

Posted by Syndicates > 2023-10-03 09:06 | Report Abuse

blacklist glc for merger arbitrage play, risk reward ratio tak balance.
ini morning brief also palia betul. got news about deal failure but keep it secret until today's morning brief publication? cannot publish earlier in their website?

Posted by irumisan > 2023-10-03 09:06 | Report Abuse

Pray for fallen heroes.. And those who wish for this to happen, all the best

Posted by chillibumbum > 2023-10-03 09:06 | Report Abuse

malaysia going downhill. im not even a shareholder. no balls decision making by the govt. burn all our tax money instead of admitting the issue and allowing non bumi to fix it.

Posted by StayHumble > 2023-10-03 09:11 | Report Abuse

biasa la bro. Bumi this Bumi that no wonder 1usd = RM4.8

Posted by rr88 > 2023-10-03 09:19 | Report Abuse

Announced dy => all day long suspension.

Sure cannot eat, cannot sleep one. Those who ada lar.
I just like to watch how bad and how fast the slauhtering happens.

As they say, dont try to catch a falling knife. It could cut yr dick.

If you want big money, go for EMCC. It has a very pretty looking chart => marubozu candle.

Posted by EngineeringProfit > 2023-10-03 09:20 | Report Abuse

Not going there (Not here either)

Posted by speakup > 2023-10-03 09:21 | Report Abuse

GE16, please don't vote PH!!!!!!
This is a fake reformist govt!!!!

Posted by speakup > 2023-10-03 09:23 | Report Abuse

Come GE16, I'll be voting MUDA. If no MUDA contesting my area, I sit at home enjoy popcorn watch tv.