Posted by RJ87 > 2023-10-03 13:10 | Report Abuse

It’s a very racist government decision. It’s unbelievable that government has such direct interference in capital market. Voting for PH hoping things change. It guess that same skin color afterall.

Posted by Yezzy99108 > 2023-10-03 13:14 | Report Abuse

pity those bought waited to realise privatization TP. All hopes vanished and evaporised by 1 move. Congratz to those smart investors exit at 1.5

Posted by Bursino > 2023-10-03 13:28 | Report Abuse

With compliments to Dr Radzi Jidin.

Posted by Bursino > 2023-10-03 13:28 | Report Abuse

The ex Education Minister.

Posted by xiaoeh > 2023-10-03 13:31 | Report Abuse

Will Syek Mokhtar come into place with big discount take offer price to safe LTAT debt laden in the book? That will make opposite party happy as their effort to protect the preserve land come into fruition.

Posted by sethoylo > 2023-10-03 13:49 | Report Abuse

i sure someone can even eat shit if can promise to win in election.

Posted by Bursino > 2023-10-03 13:54 | Report Abuse

Good for KLK. Now taxpayer will foot the bill. The faster we fail the better is for all of us.

Posted by OnTime > 2023-10-03 14:12 | Report Abuse

it's already failed so long ago!

Posted by UncleFollower > 2023-10-03 14:20 | Report Abuse

So the consensus is it will open limit down assuming the deal is off

Buyer KLK is willing to pay $1.55

If the deal is off, it's the seller pulling out.

Seller owns 68%.

So the seller who owns 68% refuses a $1.55 offer, and would rather see their 68% holding go limit down?

Why?

Much has been said of the political pressure. This is odd - the former education minister + some opposition MPs raised objections - but these weren't very convincing (what's the issue with 30% bumi policy when LTAT will still own 35% of BPlant after MGO). Further, Mat Hassan explained and defended the matter rather convincingly.

IF, a big IF, it isn't political pressure, this means the seller is pulling out for commercial reasons. Means they think they can have a better deal, a better structure or something like that.

So open limit down, who dares to buy?

Posted by UncleFollower > 2023-10-03 14:22 | Report Abuse

https://www.freemalaysiatoday.com/category/nation/2023/10/03/clarify-if-bplant-klk-deal-is-off-says-bersatu-mp/

Posted by krish52 > 2023-10-03 14:27 | Report Abuse

the counter with many sinners and karma baggage making investors poorer.

Posted by Bursino > 2023-10-03 14:35 | Report Abuse

The FMT news said it all. These ultra hypocrites shoot without understanding the issue. Now play innocent. Now asking for actions to be taken against those irresponsible people responsible for the mismanagement of the company.

"It's a necessary bailout, we understand that"

Nah.

Posted by UncleFollower > 2023-10-03 14:39 | Report Abuse

On the other hand, it also shows PN's opposition did not gain traction, and if there's one thing honest he said, he said it was unexpected. So if this is political, why is PMX doing it?

Posted by speakup > 2023-10-03 14:40 | Report Abuse

Nevermind we take our revenge on PH in GE16

Posted by lionel messi > 2023-10-03 14:44 | Report Abuse

brianklc, if you understand the modus operandi of an insider, they always buy using trusted retail third party names or friendly parties and always keeping it under 5% stake. This way they don't need to announce anything and fly under the radar or the regulators.

Posted by speakup > 2023-10-03 14:45 | Report Abuse

PMX & PH think they can F us all, but we will F them back in GE16

Posted by UncleFollower > 2023-10-03 14:45 | Report Abuse

lol no I am not thinking of revenge yet

I am hoping someone smart in public forum throws some insight, maybe. We can consider whether we are buyers if this indeed opens limit down, even if you already have shares. We can be buyers, if LTAT has good reason to reject KLK's offer, other than policitcal will - this means LTAT will get a better deal somewhere, whether it is extended to BPlant, and its minorities to be seen

Posted by brianklc > 2023-10-03 15:06 | Report Abuse

Messi, that is not how it works. Friendly parties are reportable too. Do check bplant announcements.

Posted by brianklc > 2023-10-03 15:12 | Report Abuse

btw, KLK and its friendly parties in aggregate are no longer below 5% long time ago

Posted by lionel messi > 2023-10-03 15:23 | Report Abuse

brianklc, those are not friendly parties but related parties to KLK. Insiders will use random names/accounts like ah kow, ah chong, ahmad, muthu, ali, ah moi, samy, etc to buy. Totally not related and cannot be linked to the insiders unless one or more of them confess or whistle blow. That is why insider trading is so hard to prosecute.

Posted by EngineeringProfit > 2023-10-03 15:43 | Report Abuse

Bila nak limit down to bankruptcy?

Posted by ks55 > 2023-10-03 15:53 |

Post removed.Why?

Posted by ks55 > 2023-10-03 15:55 | Report Abuse

First limit down 33%. 2nd limit down 30 sen. Bursa record was Ekran limit down 7 times. From rm 7.60 straight away went down to 57 sen.

Posted by brianklc > 2023-10-03 16:06 | Report Abuse

so bplant will limit down to Serba price by friday?

Posted by EngineeringProfit > 2023-10-03 16:06 | Report Abuse

So, follow Serba's fate lah

Posted by ks55 > 2023-10-03 16:07 | Report Abuse

Should be around 50 sen to 70 sen range.

Posted by EngineeringProfit > 2023-10-03 16:08 | Report Abuse

Yup, Serba fell from above 1.70 to below 0.70 , then.........................

Posted by ks55 > 2023-10-03 16:10 | Report Abuse

Want to play safe, start buying below 70 sen. Prepare to buy all the way down to 50 sen. Then your average cost is around 60 sen.

Posted by EngineeringProfit > 2023-10-03 16:12 | Report Abuse

Yup, did that in serba. Goona replay the algorithm here lah

Posted by ks55 > 2023-10-03 16:13 | Report Abuse

If you only want to buy anything below 50 sen, you may not getting any.
70 sen is to build foundation, 60 sen may be quite safe, 50 sen is very safe, 40 sen is a bargain, 30 sen is sailang price. Up to your risk appetite.

Posted by EngineeringProfit > 2023-10-03 16:14 | Report Abuse

Like gambling lah

Posted by ks55 > 2023-10-03 16:16 | Report Abuse

Calculated risk.

Posted by ks55 > 2023-10-03 16:19 | Report Abuse

For gambler, first buy at limit down price tomorrow at 8.59am. Very likely you will lose a fortune at that price.

Posted by Albukhary > 2023-10-03 16:23 | Report Abuse

I think there are few solutions can be proposed:-

1) Extend the deal for another 3 months - 6 month, then everybody will forgot it d
2) Loop in KWSP or PNB as the joint offeror, so Bumiputra won't feel that their share has been diluted
3) KLK reduce the acquistion stake first (i.e. from 33% reduce to 25%), then after half year, BPlant facing financial problem, and do private placement (i.e. additional 10%-20% share) to KLK, or right issue at high price, whereby LTAT cannot subscribe, then KLK will absorb all the right issue.

Posted by DJThong > 2023-10-03 16:48 | Report Abuse

Sell to Calvin 😂

Posted by brianklc > 2023-10-03 16:52 | Report Abuse

Yeah, sell to Calvin, and he will take over all the plantation counters he promoted to be Malaysia’s biggest plantation company, overtaking FGV

Posted by speakup > 2023-10-03 16:57 | Report Abuse

Pls direct your anger at PMX and PH
They are the cause of all our Bplant problem

Posted by brianklc > 2023-10-03 17:00 | Report Abuse

Actually who is the one that make noise in parliament on this deal? PHBN?

Posted by ks55 > 2023-10-03 17:02 | Report Abuse

PN

Posted by xiaoeh > 2023-10-03 17:02 | Report Abuse

bro, Bplant has risen from $0.65 all the way to $1.49 at just merely 3 mths, what else do you expect. Greed is the root of all suffering.

Posted by speakup > 2023-10-03 17:05 | Report Abuse

First PMX bully an Indian teenager for asking about meritocracy in uni!
Now PMX bully us Bplant shareholders!
I say Enough Is Enough! This is the last straw! No more vote for PMX and PH in GE16! Teach them a lesson they never forget

Posted by brianklc > 2023-10-03 17:07 | Report Abuse

one can only blame on own greed, instead of faulting others...happy to buy back bplant at Rahmah price... thanks PHBN on making bplant affordable again...

Posted by brianklc > 2023-10-03 17:09 | Report Abuse

sepakup to stand in as candidate in Tambun in GE16

Posted by EngineeringProfit > 2023-10-03 17:11 | Report Abuse

Parti Bursa or i3forumer? Manifesto?

Posted by ks55 > 2023-10-03 17:12 | Report Abuse

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

Posted by Sslee > 2023-10-03 17:14 | Report Abuse

Manifesto: Make Bursa great again.

Posted by brianklc > 2023-10-03 17:16 | Report Abuse

PFB- Parti Flop Bplant
Manifesto- To Make Bplant great again

Posted by brianklc > 2023-10-03 17:17 | Report Abuse

Hidup Hidup, Hidup Bplant...

Posted by EngineeringProfit > 2023-10-03 17:17 | Report Abuse

Ini hari menang, esok klse indeks 2000 kah?

Posted by brianklc > 2023-10-03 17:24 | Report Abuse

Esok Bplant RM1.50, Lusa RM2.00