Posted by CUTLOSS > 2023-10-05 10:23 | Report Abuse

Falied to takeover possible KLK CL today? Why RM 1.4 also hard?

Posted by Ravetidus > 2023-10-05 10:24 | Report Abuse

Yes, this letter is to prevent limit down n save KLK for losses so that they can sell their holdings

Posted by CUTLOSS > 2023-10-05 10:24 | Report Abuse

LTAT if so rich(to pay RM 1.55) why need KLK deposit?

Posted by silentWolf > 2023-10-05 10:25 | Report Abuse

agree with u steve99

Posted by Ravetidus > 2023-10-05 10:27 | Report Abuse

Anybody buying now would be doing KLK and existing holders a favour by taking on the subsequent losses

Posted by CUTLOSS > 2023-10-05 10:32 | Report Abuse

KLK only up 2 sen meaning they know they cannot get RM 1.55 as "promised"?

Posted by Steve99 > 2023-10-05 10:33 | Report Abuse

No matter GLC lose money how much , our taxpayer money (via Big boss to LTAT ) will use to bailout them , Msia boleh , that why why RM Dec 2021 4.16 , Dec 2022 4.40 , Now 2023 4.72, even new govt also same same ...... aih

Posted by firehawk > 2023-10-05 10:37 | Report Abuse

Today's selling is due to margin call, would be subside subsequently

Posted by rr88 > 2023-10-05 10:38 | Report Abuse

Cut loss still sleeping ka.
KLK deal sudah cancelled, sudah official.

Skrg ini pagi b4 market opens, LTAT makes announcement they will replace KLK to take over.

So quick. They must hv received instruction from gomen I presume.

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

Govn why must help LTAT buta-buta?

Posted by CUTLOSS > 2023-10-05 10:41 | Report Abuse

If B Plant need help so are >1000 Bursa listed counters can govn help all?

Posted by titan3322 > 2023-10-05 10:43 | Report Abuse

Susah kata don't play2 those chased above 1.40 now got trapped 🪤 d. Hope won't wait too long for the offer price 1.55 🤣🤣

Posted by 8u29song > 2023-10-05 10:43 | Report Abuse

I wait lower some more

Posted by x_abe81 > 2023-10-05 10:44 | Report Abuse

Told u guys already dont ejaculate too early. Aiyaa Malaysian netizen in stock pun main bawang and play sentiment ka.

Snippet of news today:

KUALA LUMPUR: The Armed Forces Fund Board (LTAT) intends to acquire Boustead Plantations Bhd (BPlant) by making a general offer for shares it does not own in BPlant at an offer price of RM1.55 a share.

The offer price represents a 22 per cent premium to the company's last traded share price.Trading in BPlant shares will resume at 10am today.

Posted by Steve99 > 2023-10-05 10:47 | Report Abuse

GLC mah = Your Child , your child outside take Along money , willl parents save them initially .... Common sense mah ... Not your child sure will not save them loh ... aiyo

Posted by OneOracle > 2023-10-05 10:48 | Report Abuse

Know why Gomen stop this offer?
Because 1.55 is too cheap.
If KLK offer rm3.00 or 4.00 , you think gomen will stop.
Gomen think if 1.55 so cheap i can buy up myself why sell to KLK.

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

Generally all plantation counters are too cheap if counting in their land value.

Posted by OneOracle > 2023-10-05 10:53 | Report Abuse

All these palm oil land are very valuable now.
You can do many types of crops and agriculture.
Can even build solar farm.
All palm oil company can go into solar farming if they want.
They got the most resources to do so.

Who say palm oil company can only do palm oil.
If Gomen wants they can convert all the BPlant land into solar farming.

Posted by Mabel > 2023-10-05 10:55 | Report Abuse

Good JOB KLK...Keep Selling...

Mabel, the FarMeow

Posted by Steve99 > 2023-10-05 10:56 | Report Abuse

Need see who manage them , if Let KLK manage , sand also can become Gold , if let monkey manage , even monopoly business ( like Pharma ) also money burn burn ....

Posted by Steve99 > 2023-10-05 11:02 | Report Abuse

Chance very low , unless Formal letter and Unconditionally MGO

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

I am not surprise it might end up higher than 1.55 eventually.
Since everyone so bearish.

If i am LTAT i will buy as much as possible below 1.55 and then keep it listed .
Then it will stay above 1.55 until their truthful price.
By that time It will then reflect how cheap other plantation counter is.

Posted by 8u29song > 2023-10-05 11:05 | Report Abuse

so the dispute is settled...price to go back 2 months ago ???

Posted by Sslee > 2023-10-05 11:06 | Report Abuse

Did anyone know that palm trees is the most efficient solar panel in the world.
The palm tree under sunlight absorb C02 from atmospere and then chemically combine it with H (water from root) to form hydocarbon and release O2 to atmospere.

What will happen to solar panel when their usefull lifespan of 25 years is over?
While we can replant palm tree and the old tree just biodegrade. Palm tree is sustainable, renewable and enviornment friendly.

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

To LTAT share price is more important.
Profit is not.

Posted by smartly > 2023-10-05 11:20 | Report Abuse

what a relief. good to all bplant shareholders.

Posted by lionel messi > 2023-10-05 11:40 | Report Abuse

Pokkai LTAT got money to buy BPlant? So fake. Careful. Can be aborted again. Run for your life.

Posted by Albukhary > 2023-10-05 11:43 | Report Abuse

KLK is continue buying from the market, very soon you will see announcement that KLK emerge as substantial shareholder of BPLANT, with above 5.00% share on hand.

No lose for KLK.
If LTAT firm the offer, KLK can sell it to LTAT with 10%-15% gain (within 6 month).
Sure LTAT will continue the offer, because now BPLANT is listed company, all the things is transparent and cannot hide from public. But once it privatised, then different story, LTAT can do anything (rename BPlant to some common name where no one will aware, split Bplant asset into many small company and sold it, sell the land instead of sell the company....etc).

Just like Boustead privatisation, now you seldom can see Boustead news on paper. You wont know did LTAT start selling Boustead Prime Asset (Royale Chulan Hotel, BHP Petrol), maybe some of the asset already sold, but you wont know, coz they have no obligation to announce to public.

Posted by speakup > 2023-10-05 11:45 | Report Abuse

https://focusmalaysia.my/not-just-a-cabinet-reshuffle-but-a-revamp-of-the-political-economic-system/
Baca ni

Posted by OneOracle > 2023-10-05 11:49 | Report Abuse

Everyone think bplant at 1.55 is overpriced.
Because all pyscho by the investment fund.
Infact all plantation counter after correction of 9 years already at rock bottom cheap price.

All psycho by fund house that Tech is cheap and is future and Tech index is already at 9 years bull tail end.

Posted by Sohailau > 2023-10-05 11:52 | Report Abuse

Useless incompentant malays, all my tax money went to spoonfed parasites

Posted by Albukhary > 2023-10-05 11:55 | Report Abuse

Read this: KENANGA MAINTAIN BUY CALL FOR BPLANT AT TP RM1.55

https://klse.i3investor.com/web/blog/detail/kenangaresearch/2023-10-05-story-h-218745391-Boustead_Plantations_Bhd_LTAT_to_Replace_KLK_in_MGO_at_RM1_55

Posted by rr88 > 2023-10-05 11:56 | Report Abuse

I sapu 1.36 & 1.37.
Fund will buy up to 1.47 these few days.
Bcause at 1.47 it will still be 5% profit for general offer at 1.55. Still better than FD.

Posted by speakup > 2023-10-05 11:56 | Report Abuse

Ingat semua, GE16 jangan undi PH & PN

Undi MUDA atau duduk rumah je

Posted by speakup > 2023-10-05 11:58 | Report Abuse

Earn money from Bplant, donate some to MUDA

Dont even think of donate to PH anymore, they are fake reformist

Posted by x_abe81 > 2023-10-05 11:59 | Report Abuse

MUDA is even more useless. Cant even beat PN on tiktok and claimed they representing youth 😂.

Posted by Jonathan Keung > 2023-10-05 12:00 | Report Abuse

Race , Religion and Government plays a big part in Malaysian business context

Posted by speakup > 2023-10-05 12:03 | Report Abuse

speakup wasted so much donation to PH in GE14 and 15. NO MORE!

Posted by rr88 > 2023-10-05 12:03 | Report Abuse

High 1.41
Low 1.35
Once breakout above 1.41, will go to:
1.41 + (1.41 - 1.35) = 1.47
Today can sell at 1.46..

Posted by Albukhary > 2023-10-05 12:26 | Report Abuse

Hoot 9e BPLANT

Posted by pang72 > 2023-10-05 12:29 | Report Abuse

Wah!! I thought 65c..
But, in fact 1 55?

Posted by pang72 > 2023-10-05 12:29 | Report Abuse

Okok okok...

Posted by pang72 > 2023-10-05 12:30 | Report Abuse

Rr88 sifu,
You win liao lo... Again!!!

Posted by Mabel > 2023-10-05 12:39 | Report Abuse

#rr88 High 1.41
Low 1.35
Once breakout above 1.41, will go to:
1.41 + (1.41 - 1.35) = 1.47
Today can sell at 1.46..
05/10/2023 12:03 PM

Cheers Sifu rr88!

Mabel's collection today..

RM 1.35 Matched
RM 1.36 Matched
RM 1.37 Matched
RM 1.38 Matched
RM 1.34 Waiting..

So Happy KLK is UP and so is BP Plant..

Tidak Rugi berbudi pada Tanah..

Mabel, the FarMeow

Posted by speakup > 2023-10-05 12:51 | Report Abuse

https://focusmalaysia.my/a-glimpse-into-how-dap-has-radicalised-msian-chinese-to-topple-mca-hate-umno-but-now/

Posted by Johnzhang > 2023-10-05 12:57 | Report Abuse

Finally, LTAT is the big winner. Firstly take Bplant off the limelight (privatise) and sell the estates and land in smaller parcel/piecemeal to rake in $billion cash and still own Bplant 100% in a very much downsized company to "satisfy "the political agenda. Sum of parts of all the estates/lands will far exceed the price offered by KLK.

The losers are the panic retailers ! They get the real short end of the sticks.

The deal will go thru and will be done smoothly and in speed. Just wait.

Posted by Johnzhang > 2023-10-05 13:03 | Report Abuse

LTAT has this plan B and Plan C in the pocket.
Plan B which is being put in action now ie privatising Bplant
Plan C is to get Syed Mokthar's Tradewind or Sime Plantations to match $1,55 thru' very high level intervention.

The bottomline is LTAT need urgent cash to pare down the mounting borrowings and need to execute the the transformation plan to transform LTAT as portfolio investors like PNB and EPF.

Posted by speakup > 2023-10-05 13:18 | Report Abuse

🚫pmx
🚫ph

Posted by Bursino > 2023-10-05 13:19 | Report Abuse

@speakup. Even MCA members are radicalised and dumped him. Go to his hometown in Sempalit Raub. Nobody gives him 2 hoots. RD.

Posted by Bursino > 2023-10-05 13:21 | Report Abuse

Did my memory failed me? I remember him being a Director in Boustead Holdings - of course political nominations.