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

ks55

4,309 posts

Posted by ks55 > 2023-10-05 09:11 | Report Abuse

Money is from govt. MoF? PNB? Petronas?

So who is going to own Boustead tomorrow? LTAT can just sell all to that party and distribute proceed to its members. Case close. Account close. LTAT just focus on Kooperasi will do.

loyalok

162 posts

Posted by loyalok > 2023-10-05 09:11 | Report Abuse

This time sure successfully after Pakatan buy bumi company

firehawk

4,783 posts

Posted by firehawk > 2023-10-05 09:15 | Report Abuse

This saves the gov trustfulness a lot

Posted by EngineeringProfit > 2023-10-05 09:17 | Report Abuse

With legalised fake money business, no trust for the future

ks55

4,309 posts

Posted by ks55 > 2023-10-05 09:18 | Report Abuse

Money should not be a loan to LTAT. Once privatized BPlant, LTAT must clear the the money it receive by parting all businesses it owned to the govt. Govt can recoup the money by cannabilize and sell to any interested party, just like Slatar Walker did to Haw Par International.

ChloeTai

1,452 posts

Posted by ChloeTai > 2023-10-05 09:21 | Report Abuse

I don't want to tempted by LTAT. All my cash is in UMW. The process of takeover by Sime has started and is moving.

rr88

6,532 posts

Posted by rr88 > 2023-10-05 09:22 | Report Abuse

Saved by the bell. Lucky you. Cancel plan to jump off building.

LTAT cannot uturn one. The "big boss" gave LTAT boss phone call last night.

ChloeTai

1,452 posts

Posted by ChloeTai > 2023-10-05 09:26 | Report Abuse

KLK has bought si many Bplant shares and now KLK will take this opportunity to sell.

Posted by EngineeringProfit > 2023-10-05 09:28 | Report Abuse

As usual. Sharks always win

RJ87

5,146 posts

Posted by RJ87 > 2023-10-05 09:28 | Report Abuse

“ “Following this termination, LTAT wishes to also announce that it aims to proceed with the general offer of BPlant at an offer price of RM1.55 per share, subject to regulatory approvals,” LTAT said in a statement on Wednesday.”

What a roller coaster. Those that plan to jump from 14 floor pls wait…still got hope…

Posted by StayHumble > 2023-10-05 09:29 | Report Abuse

later u-turn again how

Posted by EngineeringProfit > 2023-10-05 09:30 | Report Abuse

How many days will the greatest stampede show of the year last?

Posted by EngineeringProfit > 2023-10-05 09:31 | Report Abuse

U-turn is always in the card for Sharks - depends whether bilises take the bait

Syndicates

884 posts

Posted by Syndicates > 2023-10-05 09:33 | Report Abuse

if really want to proceed with takeover, why trading halt? can collect low x baik ke? they gave me impression that they takut the price hit LD. if want to take private xpayah takut volatility lah.

Posted by lionel messi > 2023-10-05 09:35 | Report Abuse

WTF, dare not even be relisted. Trying to delay the inevitable. Let market forces decide.

irumisan

100 posts

Posted by irumisan > 2023-10-05 09:39 | Report Abuse

Trading halt bcos they announce in the morning, not during market break

titan3322

2,819 posts

Posted by titan3322 > 2023-10-05 09:40 | Report Abuse

LTAT equal KLK offer of 1.55 if 100% no U turn very good to give them but don't play2 try to buy say 1.40 Nanti U turn koyak lor 😀

Bursino

319 posts

Posted by Bursino > 2023-10-05 09:42 | Report Abuse

Yes. Yes. Yes. Turn on the volume. Viral the news to as many platforms as possible. Make people account for the actions.

Posted by SorosMalaya > 2023-10-05 09:42 | Report Abuse

Serba dinamik Versi 2 :))

xiaoeh

2,812 posts

Posted by xiaoeh > 2023-10-05 09:49 | Report Abuse

Facts:
LTAT debt laden, need fresh blood for survival hence put up Bplant for getting blood injected.

Now:
Reject offer and self buy up Bplant, suddenly got fresh blood out of no where.

Boleh land, anything can happen.

beluga

293 posts

Posted by beluga > 2023-10-05 09:50 | Report Abuse

LTAT announced a new pre-conditional possible offer at 8am.
SC did not sleep? so efficient approve this when the other offer just terminated less than 12 hours ago?

"The SC must be consulted in advance if a person proposes to include in a announcement any pre-condition to which the making of an offer will be subject. " CMSA

Steve99

47 posts

Posted by Steve99 > 2023-10-05 09:51 | Report Abuse

Will still limit down , although LTAT buyout news out.... Confidence is Destroyed....

Steve99

47 posts

Posted by Steve99 > 2023-10-05 09:52 | Report Abuse

Fresh fund is from Big Boss, we all know who ..... That ppl control Govt money one....

Bursino

319 posts

Posted by Bursino > 2023-10-05 09:54 | Report Abuse

Possible. They know the true value of BPlant.

Syndicates

884 posts

Posted by Syndicates > 2023-10-05 09:54 | Report Abuse

klk hostile takeover terbaik!

Steve99

47 posts

Posted by Steve99 > 2023-10-05 09:57 | Report Abuse

Bplant no such higher value , all value haven been eaten by Monkey...... Just that big boss very care about his face and the Political issue ( Big Malay)

WiraBoleh

195 posts

Posted by WiraBoleh > 2023-10-05 09:57 | Report Abuse

tak boleh trade Bplant hari ni?

OneOracle

555 posts

Posted by OneOracle > 2023-10-05 10:00 | Report Abuse

LTAT Y reject and offer to take over bjplant.
Because they now know the 1.55 buy by klk is too cheap.
Gomen gonna abolish or cut windfall tax.
Gonna give replanting allowance.
Gonna raise biofuel to industrial sector, and eventually to b20 by 2025.
A lot of push to palm oil and agriculture coming.
Why sell now to klk when gomen gonna help push palm oil sector.

rr88

6,532 posts

Posted by rr88 > 2023-10-05 10:02 | Report Abuse

Sell. KLK unloading..

beluga

293 posts

Posted by beluga > 2023-10-05 10:02 | Report Abuse

I wonder if this pre conditional "POSSIBLE" offer is to soothe KLK's anger. KLK is stuck with direct interest of 3% BPlant shares where KLK forked out more than RM100 million. SC kindly please investigate and explain to the public why SC approved this Pre-conditional possible offer announcements in such a hurry when the other offer just failed. All less than 12 hours.

OneOracle

555 posts

Posted by OneOracle > 2023-10-05 10:04 | Report Abuse

Look at plantation yearly chart. 2024 is the reversal year for this sector after 9 years correction.
Already implies a lot of push by gomen coming soon.

investor77

821 posts

Posted by investor77 > 2023-10-05 10:04 | Report Abuse

Already key in sell order due to cancelled take over. Then news say LTAT offer to buy back at 1.55. So cancelled all orders. What a U turn. !! LTAT doing trick again like Boustead to get BPlant at cheap price !! Already said 2 strategic lands at Penang and Perak worth 8 billion. Am sure when price free fall because not many heard of LTAT offer, either KLK or LTAT buying at panic selling price. Investors will never trust GLC selling after this, as can U turn !!!

rr88

6,532 posts

Posted by rr88 > 2023-10-05 10:05 | Report Abuse

Tyranny, from nearly jumping off building this morning you now become a cakap besar fella arr..

speakup

27,178 posts

Posted by speakup > 2023-10-05 10:06 | Report Abuse

I will still not vote for PMX & PH in GE16 cos they caused me unnecessary stress the pass days. I remember and will not forget
SAY NO TO PMX & PH

speakup

27,178 posts

Posted by speakup > 2023-10-05 10:07 | Report Abuse

I make my.money and donate some to MUDA in GE16
0 donation for PH

Youngkid

299 posts

Posted by Youngkid > 2023-10-05 10:08 | Report Abuse

BOOSA like big scammer

8u29song

2,939 posts

Posted by 8u29song > 2023-10-05 10:09 | Report Abuse

gooood

ken

673 posts

Posted by ken > 2023-10-05 10:10 | Report Abuse

I exit..very happy with my figure..tks..

Posted by TheGardener > 2023-10-05 10:11 | Report Abuse

Without Market Clearing = Malaysia Holland!

Mabel

24,433 posts

Posted by Mabel > 2023-10-05 10:15 | Report Abuse

MACD for BP plant is still bearish...while KLK MACD is bulliish

Mabel KLK is currently unloading it's BP shares. Thanks God they are not making a loss from last week BUYING Price.

So KLK get a good deal after all...

Mabel the FarMeow

rr88

6,532 posts

Posted by rr88 > 2023-10-05 10:16 | Report Abuse

Tyranny 2 days could not eat, sleep n shit. I knowlah. Been there, done that.

Bursino

319 posts

Posted by Bursino > 2023-10-05 10:16 | Report Abuse

Someone panicked? It appears to me the POSSIBLE buy back announcement at 1.55 per share may be a stop gap possible dodge to prevent a possible price free fall which will truly damaging the already badly damaged credibility.

chopstick

646 posts

Posted by chopstick > 2023-10-05 10:18 | Report Abuse

BIMB last price target on bplant 60 cts ask to SELL this group of fortune teller should be sleeping

titan3322

2,819 posts

Posted by titan3322 > 2023-10-05 10:18 | Report Abuse

@ wah ade worang may tunjuk politics kat sini kata untung mau donate kasi muda 😀🤣

Ravetidus

140 posts

Posted by Ravetidus > 2023-10-05 10:18 | Report Abuse

Key words : "possible", "has not received any firm offer"

silentWolf

118 posts

Posted by silentWolf > 2023-10-05 10:19 | Report Abuse

the announcement say " subject to regulatory approvals " hehe

xiaoeh

2,812 posts

Posted by xiaoeh > 2023-10-05 10:20 | Report Abuse

speakup will continue his trusting and supporting PMX & PH again i guess

rr88

6,532 posts

Posted by rr88 > 2023-10-05 10:21 | Report Abuse

No worries. Looks like big buyer in the market as well.

I reckon klk is in market reducing their holdings which they bought leading to the failed take over.

And LTAT is buying in open market.

You can do bargain hunting over a few days. Slowly2 buy.

You hold long enough you will get 1.55 a piece.

You buy 1.30 - 1.40. That wud be 20 cents a piece profit.

Not my type. I hentam today, sell 2 days later type.

Steve99

47 posts

Posted by Steve99 > 2023-10-05 10:22 | Report Abuse

" Bplant has not receive any firm offer relating the general offer " . Really need thanks this LTAT letter , save a lot Bplant holder , otherwise sure a lot people Jumpoff buildings ....

silentWolf

118 posts

Posted by silentWolf > 2023-10-05 10:22 | Report Abuse

ini-kalilah for retailer to run at current price 1.36 .. make less 14% ( 1.36-1.55 ) is better than if the deal is off, then u might lose max 30% today..tmr x tau yet..😁

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