BOUSTEAD PLANTATIONS BHD

KLSE (MYR): BPLANT (5254)

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16 people like this.

12,578 comment(s). Last comment by newlyblaze 2 months ago

TheContrarian

9,534 posts

Posted by TheContrarian > 2017-08-23 10:22 | Report Abuse

If they proceed to buy there'll be no bumper dividend from the proceeds of the land disposal to SP Setia.

hollandking

3,694 posts

Posted by hollandking > 2017-08-23 10:29 | Report Abuse

Superinvestor may buy dutaland? Hard to say, I don't know. maybe he not looking deeper, once he look deeper, he may just sailang dutaland.

Posted by pakatan_harapan2 > 2017-08-23 10:32 | Report Abuse

If BPlant buying Dutaland oil palm estate is win-win more companies should follow eg Sime, KLK, IOI, etc.

Posted by Sarawakians > 2017-08-23 10:52 | Report Abuse

Why not takeover Sarwawak Plantation(100%) 40,000 hectares oil palm estates for RM 750 million? At least we can remember BN good deeds not voting them for nothing.

ganp

83 posts

Posted by ganp > 2017-08-23 10:53 | Report Abuse

Much negative thoughts ...may not go down well with shareholders ....hope Management aware of the proposal feedback..let's hear from Management's perspective what is their mission in the forthcoming AGM !

Posted by Sarawakians > 2017-08-23 10:57 | Report Abuse

Anyone has BP Plant IR e-mail address? We will counter propose at cheaper cost Sarawak Plantation.

apolloang

18,163 posts

Posted by apolloang > 2017-08-23 11:11 | Report Abuse

they only want Sabah one not Sarawak, they already given Sarawak a lot already.....all political ploy lah.....hahaha, now they wanna give sabah

Posted by Sarawakians > 2017-08-23 11:12 | Report Abuse

RM 740 million enough for 100% Sarawak Plantation. Save BP Plant RM 10 million for your dividend money.

apolloang

18,163 posts

Posted by apolloang > 2017-08-23 11:14 | Report Abuse

they wanna give Sabah election money lah......hahaha

Subrie

208 posts

Posted by Subrie > 2017-08-23 11:15 | Report Abuse

sarawak so many problem la. native there hard to control. they dont go by the rules.

Subrie

208 posts

Posted by Subrie > 2017-08-23 11:16 | Report Abuse

Does Dudaland have any mills in their estate?

Posted by Sarawakians > 2017-08-23 11:27 | Report Abuse

Why got problem can make money leh? Is Dutaland CPO profitable?

Posted by Subrie > Aug 23, 2017 11:15 AM | Report Abuse
sarawak so many problem la. native there hard to control. they dont go by the rules.

apolloang

18,163 posts

Posted by apolloang > 2017-08-23 11:35 | Report Abuse

Sarawak mostly control by tycoons,bplant dare not buy huge landbanks there

Posted by Sarawakians > 2017-08-23 11:40 | Report Abuse

Subrie if no why must buy?


Stock: [BPLANT]: BOUSTEAD PLANTATIONS BHD
Aug 22, 2017 08:13 PM | Report Abuse

Really? I thought dutaland loss comes from its property development and its investment divisions? Its their plantation that helped mitigate the losses. No?
https://klse.i3investor.com/servlets/cube/post/subrie.jsp

Posted by Sarawakians > 2017-08-23 12:01 | Report Abuse

If give RM 100 each can give to 7.5 million voters in Sabah how many votes they get if only give to Dutaland?

Posted by apolloang > Aug 23, 2017 11:14 AM | Report Abuse
they wanna give Sabah election money lah..hahaha

Posted by Sarawakians > 2017-08-23 12:06 | Report Abuse

If follow past elections pattern Sarawak votes more secured. Even give money to Sabah or Penang not necessary votes will come back.

speakup

27,290 posts

Posted by speakup > 2017-08-23 12:08 | Report Abuse

aiseh didnt drop, no chance buy cheap

Posted by pakatan_harapan2 > 2017-08-23 12:12 | Report Abuse

Gua sudah cakap Najib or BN tak boleh. Don't know where to help put M'sia like Greece.

apolloang

18,163 posts

Posted by apolloang > 2017-08-23 12:16 | Report Abuse

really tak boleh, dr m time I bought SAAG limit up twice.....ah jib time sampai sekarang, 1 limit up pun tak ada aku beli punya.

ganp

83 posts

Posted by ganp > 2017-08-23 12:28 | Report Abuse

Dutaland is the gainer in trading today .....up by 10 sen...still marching upwards

free2invest

1,748 posts

Posted by free2invest > 2017-08-23 13:46 | Report Abuse

Yippy68. what is your comment about Bplant's proposed purchase of dutaland's plantation?

Subrie

208 posts

Posted by Subrie > 2017-08-23 14:25 | Report Abuse

You see Bplant every quarter report. Its the sarawak land that always give problem. Just recently profitable. Court ruling already in favour with Bplant also still they have problem with the natives.

For Dutaland. BPB sell as CPO, but Dutaland sell FFB. That is why they cant make profit coupled with dutaland land area, i dont think it is viable to set up a mill.

Bplant on the other hand have JV with KLK for the seeds where they could get more OER.

Not here to fight. Just want to discuss whether this exercise is a good one or not. Check and balance. If it is not good. Would like to pull out from this investment and put my money elsewhere that will give sustainable dividend.

Posted by Sarawakians > Aug 23, 2017 11:27 AM | Report Abuse

Why got problem can make money leh? Is Dutaland CPO profitable?

Subrie

208 posts

Posted by Subrie > 2017-08-23 14:31 | Report Abuse

And please la put aside politics. Bplant bought a land before from other seller in Sugut, Sabah twice in 2014 and 2016.

jv1758

27 posts

Posted by jv1758 > 2017-08-23 14:40 | Report Abuse

One analyst already shot down the idea of selling at 750mil. They can sell but not at that price. I think Dutalnd wants to sell it off so Bplant should do a Due D and bring the price down.

apolloang

18,163 posts

Posted by apolloang > 2017-08-23 14:46 | Report Abuse

who's the analyst? iz u? hahaha

TheContrarian

9,534 posts

Posted by TheContrarian > 2017-08-23 14:57 | Report Abuse

Due diligence will complete within a month and from there whether to proceed to buy the land at RM750 million or revise downwards the price or call off the deal.

free2invest

1,748 posts

Posted by free2invest > 2017-08-23 20:49 | Report Abuse

Yippy68, still waiting for your comment.

Chua Zhi En

1,103 posts

Posted by Chua Zhi En > 2017-08-23 20:56 | Report Abuse

sold all shares....

4444

1,800 posts

Posted by 4444 > 2017-08-23 22:58 | Report Abuse

Dutaland move like done deal why you say 1 month?

Posted by TheContrarian > Aug 23, 2017 02:57 PM | Report Abuse
Due diligence will complete within a month and from there whether to proceed to buy the land at RM750 million or revise downwards the price or call off the deal.

4444

1,800 posts

Posted by 4444 > 2017-08-23 22:59 | Report Abuse

Why? I heard is win-win ma.

Chua Zhi En sold all shares....
23/08/2017 20:56

4444

1,800 posts

Posted by 4444 > 2017-08-23 23:09 | Report Abuse

Got ask Datuk apollo? He agree or not?

Posted by jv1758 > Aug 23, 2017 02:40 PM | Report Abuse
One analyst already shot down the idea of selling at 750mil. They can sell but not at that price. I think Dutalnd wants to sell it off so Bplant should do a Due D and bring the price down.

apolloang

18,163 posts

Posted by apolloang > 2017-08-23 23:47 | Report Abuse

buy bplant wat for? just buy the 4d lah 5254 blant stock code at toto 1st prize.....hahaha

Subrie

208 posts

Posted by Subrie > 2017-08-23 23:58 | Report Abuse

Sure la dutaland will move due to speculation. Previous exercise done by bplant straight away announce done deal. But this one LOI first to conduct due diligence

4444

1,800 posts

Posted by 4444 > 2017-08-24 00:01 | Report Abuse

Not done deal? Other CPO ctr got chance for M&A?

Posted by Subrie > Aug 23, 2017 11:58 PM | Report Abuse
Sure la dutaland will move due to speculation. Previous exercise done by bplant straight away announce done deal. But this one LOI first to conduct due diligence

Yippy68

1,698 posts

Posted by Yippy68 > 2017-08-24 04:07 | Report Abuse

free to invest, no comment at this moment., i will like to observe few more days on the movement of Bplant before i decide what to do. I agreed to @ Theconsrarian, it is only a LOI, thing still uncertain. Hope management make a wise decision before close the deal..and our future dividend is not affected.by this deal ..Dutaland price surge due to speculation, i sold some for profit today..

curious2

1,812 posts

Posted by curious2 > 2017-08-24 05:52 | Report Abuse

Why not buy plantation lands from FGV, Swk Plantation, etc? Any reasons must only choose Dutaland? FGV also got Sabah land if Sarawak not suitable.

curious2

1,812 posts

Posted by curious2 > 2017-08-24 05:55 | Report Abuse

How about FGV Sabah land(bought from Golden Land) we offer RM 730-740 million?

Posted by michael_jackson > 2017-08-24 09:57 | Report Abuse

dividend on the way on 19 sept, 2017.......thank you bplant.....horray!!!

Yippy68

1,698 posts

Posted by Yippy68 > 2017-08-24 10:22 | Report Abuse

i wish the deal is cancelled... money from sp-setaia should give some to us in next quarter..@Thecontrarian may have same mind. doubted they will call an EGM.?

ganp

83 posts

Posted by ganp > 2017-08-24 10:22 | Report Abuse

"Sarawakians Anyone has BP Plant IR e-mail address?

We will counter propose at cheaper cost Sarawak Plantation".
====================================================

For Investor Relations related queries, please contact:

Email: corporate.office@bousteadplantations.com.my

ganp

83 posts

Posted by ganp > 2017-08-24 11:20 | Report Abuse

Declare 3 sen dividend followed by news Bomb on Land Deal ! Wish BPlant will not proceed with the deal....investors reacting negatively now.

apolloang

18,163 posts

Posted by apolloang > 2017-08-24 11:34 | Report Abuse

nope investor view positively about the news

Posted by Sarawakians > 2017-08-24 11:48 | Report Abuse

ganp thanks.

ganp "Sarawakians Anyone has BP Plant IR e-mail address?

We will counter propose at cheaper cost Sarawak Plantation".
====================================================

For Investor Relations related queries, please contact:

Email: corporate.office@bousteadplantations.com.my
24/08/2017 10:22

hollandking

3,694 posts

Posted by hollandking > 2017-08-24 12:05 | Report Abuse

the story is like this. management want to grow the company but it will reduce the future dividends BUT it will lead to greater growth for the future BUT smallshareholders too concerned with their dividend pocket that they don't care if company got greater growth in the future. So they rather kill the deal just to safeguard their pocket.

hollandking

3,694 posts

Posted by hollandking > 2017-08-24 12:12 | Report Abuse

For those talking about Sarawak Plantation who talk about counter proposal, I'll tell you what, you counter proposal tell BPlant to buy up the whole Dutaland for Rm750million since market cap of dutaland is below RM750million. See will work or not? Similarly, is the same thing for Sarawak plantation. Unless you are major shareholders of Sarawak plantations, else I can tell you this, it won't worked. Seems some here are really kiddies.

hollandking

3,694 posts

Posted by hollandking > 2017-08-24 12:13 | Report Abuse

management will laugh their head off when they see your counter proposal

hollandking

3,694 posts

Posted by hollandking > 2017-08-24 12:13 | Report Abuse

So feel free to make a fool of yourself

hollandking

3,694 posts

Posted by hollandking > 2017-08-24 12:18 | Report Abuse

another thing , smallshareholders are soured that they aren't getting something from the sp setia deal. See all is about own interest, not company interest.

Subrie

208 posts

Posted by Subrie > 2017-08-24 12:33 | Report Abuse

Everyone knows that Bplant has been looking for a land since its IPO. If any company private or listed co including broker who want to sell their land, will surely get in touch with bplant.

Same goes to fgv, SOP and Etc.



Posted by 4444 > Aug 24, 2017 12:01 AM | Report Abuse

Not done deal? Other CPO ctr got chance for M&A?

Posted by curious2 > Aug 24, 2017 05:52 AM | Report Abuse

Why not buy plantation lands from FGV, Swk Plantation, etc? Any reasons must only choose Dutaland? FGV also got Sabah land if Sarawak not suitable.

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