What a sh*t show? U wait until bplant bleeds until it’s worth nothing before selling is it? Bleed 150M year. Wait another 10 year can get foc like sapura, serba and other “bumi” company run by you know who.
Told you so. Anything can happen in boleh land. Kena those greedy and gullible for high GO. Now can buy cheap cheap when it plunge back to 60 sen. Get ready. Yummy.
Hello. The major shareholders offered to sell their shareholdings. They invited bidders. Deal was sealed and agreements were signed. Now they turn around to say something else. Good lesson to investors - if they haven't learnt.
That has nothing to do with gov, gov has to pump in RM2bil and potentially another RM2bil for Bstead to pay its debts which are due soon. So why gov want this deal to fail? Its KLK that does not see meat in this transaction. Bplant is basically empty without the 2 pieces of land which doesnt get transferred to KLK.
The Company wishes to announce that Bursa Malaysia Securities Berhad ("Bursa Securities") has approved the Company's request for suspension in the trading of the ordinary shares in Boustead with effect from 9:00 a.m. to 5:00 p.m. on Tuesday, 3 October 2023, pending the release of a material announcement.
You are wrong! It has all to do with the govt. If u have been following the developments past couple weeks u can understand why we are in this situation now
Msia market really hard play , a lot fellow want earn some Income better than FD , so use this opportunity, but now kena kau kau lose , really need wait till deal become unconditional only can play this kind of Arbitrage . Me also kena trap, cut all at 1.25 yesterday , very pain .
Messi, without the 2 pieces of valuable land and in view of the condition of the trees, you are being very generous in your 80 sen offer... now KLK had accumulated enough shares to push down the price, and nothing bstead can do as they have no cash
It is a blessing that Boustead-KLK deal not going through, otherwise TM will again come out with an anti Chinese comment. KLK has a lot more land suitable for property development, so what it is looking for is just to expand its plantation like acquisition of IJM Plantation few years back.
A better candidate could be United Plantation, a pure agri group owned by foreigners. Otherwise smallish company like Inch Kenneth Kajang, or other Chinaman plantation company like TSH, MHC, Jtiasa also suit KLK's appetite.
As an investor, we should consider all Status and Risks, not only a company's situation, I bought this counter around 3 years and disposed when KLK stop acquire over 1 week. cause this is signal of risk.
Messi, u are right , tomorrow should be open at 1.00 then further below , i rather focus my US mkt now , msia no hedging tools , anything wrong , very jialat ......
Makes you wonder why did KLK offer so high price in the first place only to come to their senses now? They cannot be so bodoh right. Was there insider trading taking place? Were they long big in BPlant before the first announcement and dump it to those who chased thereafter. So easy to make a bundle. Stock market is really an insiders' game. Outsiders need to be really careful and prudent.
I keep saying ,never trust those claimed 😂to be expert. Kxxxn will hide till bplant back to normal. He is just another Big mouth. I sold 2000 lots at 1.50, friend screwed me why I gave away 100k 😂now you see, now you know. Don’t eat sugar can to the root, let the risk taker break their teeth.
Messi, this i disagree, if they dump, it needs to be announced. Hence they have not dump, yet… but with the shares they hold, they will be able to make bplant limit down until end of the week, see who dare to pick up the falling sword…
I think the situation mentioned can not apply to KLK's case , agree that parties shall blame should be PH Govt (Political issue) , i already use size position and deal progress development control risk , after 1st cut off date further extend announcement , price from 1.51 drop to 1.49 ( Price alert, normally situation will range 1.51-1.52 ) , cut 60% at 1.49 , if not now lagi teruk ....
Some kind malaysian was being nice to buy Bplant on premium to help not very smart Malaysian. Despite buying at premium hurting their margin, they confident they still can make money. Make less money, help some not very smart “malaysian”, malaysia get to fight another day.
But action of these “Malaysian” are so disgusting that’s is almost treacherous to the country. Pharmaniaga, LCS, Boustead, TH scandal and etc. Deliberately needs bail out again, and Again and AGAIN.
Please check who owns the biggest shareholdings in KLK. I maintained it has nothing to do with business. I said it is National Duty. Read Robert Kuok's memoirs to see the big picture.
And ironically this national duty befallen onto certain race that’s called pendatang EVERY time. Ever wonder what malaysian should call these people that put the government and country in such slippery slope in the first place?
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Posted by speakup > 2023-10-03 09:25 | Report Abuse
Regret voted for PH and donating a lot money to them during GE. Next time come GE16, not a single sen donation from me and not a vote from me.