Posted by rr88 > 2023-10-05 14:53 | Report Abuse

Dont be ashamed. Shit happens in stock market. People who did not sleep, eat or shit bcause they were computing in their head how much they wud lose at LD. Then comes another voice saying what if you cant sell it off at limit down. Then the 3rd voice says what if it goes back to square 1 at 0.65.

Before LTAT news came to save yr kok some 10 mins b4 opening bell this morning, there were some 22,000 lots queueing to sell it off at limit down 0.89.

You cry2, then you laugh2. I steady went in n curi 3 cents. Ha ha...

Posted by ACE9696 > 2023-10-05 14:54 | Report Abuse

sekarang bapa bagi wang kepada anak pergi bayar hutang tahan dulu

Posted by rr88 > 2023-10-05 14:55 | Report Abuse

You want big money, i give it for u for free. SCIB is about to stage a breakout. Go n buy now at 0.495.

Posted by Yezzy99108 > 2023-10-05 14:56 | Report Abuse

This profit from the sky close both eyes and just buy

Posted by silentWolf > 2023-10-05 15:11 | Report Abuse

88 , 145 dun want to buy ..now only buy meh..hehe!

Posted by Eagle77 > 2023-10-05 15:26 | Report Abuse

Slaughtering time 🪝🍽️⬇️🔴🔴🔴

Posted by speakup > 2023-10-05 15:37 | Report Abuse

1.45 I'll sell all

Posted by speakup > 2023-10-05 15:38 | Report Abuse

Ok give PMX full term. But still I won't support this reformist cameleon. No more donation to PH in GE16

Posted by EngineeringProfit > 2023-10-05 15:40 | Report Abuse

Huuuuuuaaaaaat aaaaar

Posted by icecool > 2023-10-05 15:53 | Report Abuse

wait for the dip to buy

Posted by UncleFollower > 2023-10-05 15:58 | Report Abuse

No rush, wait for 1.55, save commission, extra 10 cents u can donate to syed saddiq, he needs it



speakup

1.45 I'll sell all

20 minutes ago

Posted by EngineeringProfit > 2023-10-05 15:59 | Report Abuse

Yup, about price to sell

Posted by pang72 > 2023-10-05 16:04 | Report Abuse

Registered Name
KUALA LUMPUR KEPONG BERHAD
Nature of Interest
Direct Interest
Nature Interest
Direct Interest
Shares
Ordinary shares.
Reason
Acquisition of shares via open market.
Total no of securities after change:
Direct (units)
69,291,700
Direct (%)
3.09
Indirect (units)
739,199,966
Indirect (%)
33.00
Total (units)
808,491,666
Total (%)
36.09
Date of Notice
03-Oct-2023

WHAT IS THE 36.09% STAKE IN KLK AFTER THE TAKEOVER FAIL THROUGH?
LAPSE OR STILL VALID?

Posted by UncleFollower > 2023-10-05 16:13 | Report Abuse

The 36% includes 33%+1 share deemed interest in the SCA, so it did not cross since condition precedents not met, and deposit will be refunded.

Posted by pang72 > 2023-10-05 16:15 | Report Abuse

Thanks you uncle...

Posted by RJ87 > 2023-10-05 16:38 | Report Abuse

A better plan should not announce LTAT taking over the MGO today and let the blood bath for 3 days, and then only announce. Best roller coaster ride ever, 3 days limit down and 3 days limit up.

Posted by speakup > 2023-10-05 16:45 | Report Abuse

They didn't do that cos it will make more Bplant shareholders hate PMX & PH

Posted by hhc8 > 2023-10-05 16:54 | Report Abuse

Possible offer? intention to proceed? Exercise caution? BPLANT has not received any firm offer? Only LTAT can get away with such sweeping statement. Taxpayers to bail out LTAT

Posted by UncleFollower > 2023-10-05 17:06 | Report Abuse

There are times to criticise, but we should be fair.

1. LTAT's statement is pretty clear. Can't say it's getting away with a sweeping statement. See below attached.

2. Can't blame them for not issuing offer doc immediately. They have just broke the deal with KLK. Would you rather they let the share free fall few days before announcing their sweeping intention without issuing offer doc, or would you rather they do what they did now.

3. LTAT is being fair to minorities. They reject KLK's $1.55, and buy from us at $1.55. They can always reject and keep it listed, then we should be mad.

4. LTAT has repeatedly spoke of its restructuring plans. Can't really blame PMX or management for running it into the ground. This LTAT CEO is the new guy, he wants to revamp LTAT with the 2023-25 strategic plan. First step privatise BHoldings. Now privatise BPlant. Ok.

5. LTAT isn't that racist to begin with, they took KLK's offer instead of Syed Mokhtar's. If they simply took Tradewinds offer, we wouldn't have even know KLK offered $1.55. And there wouldn't be $1.55 today.

6. Standing in their shoes, actually they were selling it cheap. They are taking back $1B only and retain 35% stake. Still, I think it's a good deal for LTAT under the circumstances - being that they are short of cash and desperately need to work it out. This is the best they can do, independantly, without Govt help. Now that PMX helps the Tentara, fair enough they redo it.

7. Importantly, they did not short change any of us. Can't keep running them down and blaming them right, everybody should be happy right. Consider ok la.

Posted by UncleFollower > 2023-10-05 17:06 | Report Abuse

KUALA LUMPUR, 4 OCTOBER 2023 – Lembaga Tabung Angkatan Tentera (“LTAT”)
wishes to announce that the Strategic Collaboration Agreement (“SCA”), signed on
24 August 2023 has been mutually terminated by the parties, effective today.
Following this termination, LTAT wishes to also announce that it aims to proceed with
the General Offer of Boustead Plantations Berhad (“BPlant”) at the offer price of
RM1.55 per share, subject to regulatory approvals.

LTAT and Boustead Holdings Berhad (“BHB”) as majority shareholders of BPlant will
refocus its effort on the restructuring of the company to ensure it gets back on a
stronger financial footing and chart a better business horizon moving forward. This
approach allows BPlant to retain agility and independence in charting its own course
to ensure a sustainable future.

“We are committed at addressing all the legacy issues within the BHB Group, in line
with the Strategic Plan 2023-2025 (MAMPAN25). For LTAT to discharge its duty, per
the mandate and function of a sustainable pension fund, it is vital for the legacy
issues to be addressed first. We remain confident that the restructuring of the BHB
Group will significantly improve LTAT’s position, particularly since almost 50% of our
investment remains unlocked within the Group,” says Dato’ Nazim Rahman, LTAT’s
Chief Executive

Posted by EngineeringProfit > 2023-10-05 17:07 | Report Abuse

Kenyang

Posted by Mabel > 2023-10-05 17:36 | Report Abuse

#speakup Earn money from Bplant, donate some to MUDA

Dont even think of donate to PH anymore, they are fake reformist
05/10/2023 11:58 AM

#EngineeringProfit Kenyang
05/10/2023 5:07 PM

#rr88 Sold 1.41. See money take money dont be greedy. Ok la 3 cents a piece. Rm3,000 2 hrs work. Siapa mau bagi. Can go for wagyu steak dinner for a week.
05/10/2023 2:45 PM

Burp...excuse me too..

Indeed Gentlemen...Before this LTAT news was announced, some 10 mins before opening bell this morning, there were some 22,000 lots queueing to sell it off at limit down 89 sen. It could have been another limit down that Mabel anticipated. BP Plant could end up at 65 sen upon closing today. LTAT and Malaysian Government save Boustead Plantation from being slaughtered by the Sharks and Syndicates, like Serba Dinamik.

As for Mabel, she decided to lock all her profits before the bell closed. When we see money, don't be greedy. This is clearly profits from the sky.

Chart wise, MACD is still bearish, if it retrace again, we collect lor...BUY LOW SELL HIGH..

Thank you LTAT!

Mabel, the FarMeow

Posted by EngineeringProfit > 2023-10-05 17:43 | Report Abuse

Quote ".... clearly profits from the sky.
"

Yes, cheers

Posted by ks55 > 2023-10-05 18:20 | Report Abuse

"SHAREHOLDERS OF BPLANT ARE ADVISED TO EXERCISE CAUTION WHEN DEALING IN THE ORDINARY SHARES OF BPLANT AND TO SEEK APPROPRIATE ADVICE IF THEY WISH TO DO SO, AS BPLANT HAS NOT RECEIVED ANY FIRM OFFER RELATING TO THE GENERAL OFFER."

No firm offer. No time frame. May be like Boustead that take years to produce an offer letter.

Posted by Sohailau > 2023-10-05 18:47 | Report Abuse

No need to support any malay gov, they are useless. The ungrateful malays has been spoonfed by chinese for decades yet so shameless racist

Posted by Protectcap > 2023-10-05 19:18 | Report Abuse

On Monday, Prime Minister Datuk Seri Anwar Ibrahim, speaking at the launch of "Karnival Segalanya Felda Wilayah Mempaga" in Felda Chemomoi, said, he had this week approved financial assistance of RM300 million for BHB and is looking for another RM2 billion to support LTAT from making losses.
https://www.nst.com.my/business/corporate/2023/10/963207/ltat-proceed-general-offer-boustead-plantations-rm155-share
So wait for the money to come from ???

Posted by youarewelcome88 > 2023-10-05 19:33 | Report Abuse

LTAT are the good guys here. They too want to see the sale to KLK concluded. Implications aplenty & it don't bode well for the investing environment. To begin with, the acreage involved constitute only 1% of the total acreage. The headache continues for LTAT & us all...

Posted by Yippy68 > 2023-10-05 19:34 | Report Abuse

admin, please ban this LADY FOR LIFE.

Posted by Yippy68 > 2023-10-05 19:36 | Report Abuse

she is so disgusting.

Posted by Dakewlest > 2023-10-05 19:48 | Report Abuse

Thinking of buying again, but is it “dangerous” to buy now? Any thoughts?

Posted by nelsonlim > 2023-10-05 19:51 | Report Abuse

i guess a lot of LTAT members holding this shit. announcement to avoid waterfall

Posted by ChloeTai > 2023-10-05 20:18 | Report Abuse

ks55

"SHAREHOLDERS OF BPLANT ARE ADVISED TO EXERCISE CAUTION WHEN DEALING IN THE ORDINARY SHARES OF BPLANT AND TO SEEK APPROPRIATE ADVICE IF THEY WISH TO DO SO, AS BPLANT HAS NOT RECEIVED ANY FIRM OFFER RELATING TO THE GENERAL OFFER."

No firm offer. No time frame. May be like Boustead that take years to produce an offer letter.
===============================================
Thank you ks55 for the advice. I did not read the announcement carefully.

Posted by ChloeTai > 2023-10-05 20:49 | Report Abuse

Sime Darby acquiring UMW got give time frame. Acquisition by Q4 2023 and MGO by Q1 2024.
Application to replace directors from PNB with new directors has been forwarded by CIMB (representing Sime Darby) to Bursa Securities for approval. EGM is on 16 Nov 2023 to get shareholders approval for the takeovet of UMW.

Posted by calvintaneng > 2023-10-05 20:58 | Report Abuse

From announcement of LTAT taking over Boustead in March to final delisting by end June 2023 is slightly more than 3 months

Now Bplant is Rm1.40 and takeover price is Rm1.55
So there is still 15 sen more upside or 10.7%

One year bank FD is 3% or higher

So there is still 3x Fd yield

This is on condition LTAT carry through its intention as proposed

Posted by calvintaneng > 2023-10-05 21:12 | Report Abuse

Also bear in mind one very strong supporting factor

Bplant was suspended for 2 days when LTAT & KLK were locked in negotiation

In the end both made a win-win settlement

LTAT will refund all its monies to KLK
Now from open market purchases we note that KLK bought from Rm1.46 to Rm1.52 up till last Friday in full faith

So LTAT offering Rm1.55 is o fair deal

Posted by youarewelcome88 > 2023-10-05 21:27 | Report Abuse

@calvintaneng...the time period for returning the deposit is also in doubt...

Posted by i3lurker > 2023-10-05 21:34 | Report Abuse

if flight is cancelled, there is no refund of deposit right?

Posted by calvintaneng > 2023-10-05 21:38 | Report Abuse

If afraid then just put money in Bank FD

however with US Debt at Usd33 Trillions cash in bank will also see paper currency eaten by high inflation
So please choose wisely

Posted by youarewelcome88 > 2023-10-05 22:04 | Report Abuse

Without an Official offer on the General Offer @RM1.55 & also with no time frame, trade with caution. Press release are not legally binding.

Posted by ChloeTai > 2023-10-05 23:03 | Report Abuse

Just wondering LTAT money come from where to give MGO for 65% of the shares it does not own. From taxpayers' money given by PM Anwar Ibrahim?

Posted by i3lurker > 2023-10-05 23:10 | Report Abuse

Gobermen giving LTAT 2 billion
with 2 Billion can borrow 6 Billion
1:3 ratio

Bplant market cap only 3.1 Billion, easy money

Die More Borrow More
More Borrow More Die

Posted by ChloeTai > 4 minutes ago | Report Abuse

Just wondering LTAT money come from where to give MGO for 65% of the shares it does not own. From taxpayers' money given by PM Anwar Ibrahim?

Posted by EngineeringProfit > 2023-10-05 23:24 | Report Abuse

This is how the haves are made richer. And less hospital budget that the poor are made to pay for good medicine, or they else will be given less effective medicine

Posted by tjhldog > 2023-10-05 23:27 | Report Abuse

LTAT need urgent cash to pare down the mounting borrowings and need to execute the the transformation plan

Posted by Yippy68 > 2023-10-06 04:13 | Report Abuse

may be tyranny can loan to LTAT to buy back your share at 1.55, LOL

Posted by Bursino > 2023-10-06 10:54 | Report Abuse

KLK dodges RM2.9bil bullet with collapse of BPlant deal. Do you people still think it was strictly a business deal?

Posted by Anti_debt > 2023-10-06 11:08 | Report Abuse

Instead of paying RM 1.55 to takeover BPlant(from LTAT) so KLK will get RM 1.55 from LTAT?

Posted by Anti_debt > 2023-10-06 11:09 | Report Abuse

Boustead privatisation debt cleared by LTAT? Why LTAT can take more debts to privatise BPlant next?

Posted by youarewelcome88 > 2023-10-06 11:10 | Report Abuse

@Bursino...I see KLK helping LTAT through it's difficult times... indirectly the military personnel & the veteran. They are the biggest losers

Posted by StartOfTheBull > 2023-10-06 11:21 | Report Abuse

Collapse of BPlant deal could mean KLK may be exploring other take-over deals for example Ta Ann, SOP, United Malacca, TSH or others.

Posted by Bursino > 2023-10-06 11:29 | Report Abuse

what do you mean? majority of them are and were the biggest losers. trained to obey commands and given crumbs, they were made slaves to the political Tuans.