Posted by calvintaneng > 2023-11-17 23:34 | Report Abuse

Dear all

Will LTAT gets more than 90% of Bplant to trigger Complusory acquisition after 60 days?
Yet to be seen as we will know by January 2024

However, there is still a possibility LTAT might not be able to get above 90% of Bplant shares

In that case it might have to revise a higher final offer

See what happened to Boustead Project listed in Singapore
They were unable to take over B Project at 95 sen at first attempt

After 6 months they come out with a much higher 2nd offer at $S1.18 which is 24.2% higher

Read this carefully

Boustead Singapore makes exit offer of $1.18 for Boustead Projects’ shares

Felicia Tan
https://www.theedgesingapore.com/news/offer/boustead-singapore-makes-exit-offer-118-boustead-projects-shares

Posted by calvintaneng > 2023-11-18 00:09 | Report Abuse

AT LONG LAST: LTAT OFFICIAL ACCEPTANCE FORM TO TAKE BPLANT PRIVATE IS OUT, What should you do next? Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2023-11-18-story-h-214372654-AT_LONG_LAST_LTAT_OFFICIAL_ACCEPTANCE_FORM_TO_TAKE_BPLANT_PRIVATE_IS_OU

Posted by Alibone > 2023-11-18 12:16 | Report Abuse

official acceptance form is not out yet

Posted by calvintaneng > 2023-11-18 13:33 | Report Abuse

On the way
Those outside Malaysia must have a Malaysia Registered Address to Receive Acceptance form by post

Posted by TIticamara > 2023-11-19 21:09 | Report Abuse

If its revised higher offer, what happened to those who accepted earlier? Will they get it too?

Posted by plantcloner > 2023-11-20 10:49 | Report Abuse

@calvintaneng This is the answer I got from Mohammad Asraf:
Good day and thank you for your intended acceptance.

To accept the Offer, please kindly wait for the Offer Document (together with the Form of Acceptance and Transfer ( Form of Acceptance) which will be despatched to you on 1 Dec 2023.

Once obtained, please fill in, complete and sign the Form of Acceptance, and also execute the Bursa Depository Transfer of Securities Request Form (FTF010 Form) which can be obtained from your remisier / stockbroking form. Your remisier / stockbroker will be able to guide you on this process too. Thereafter, please submit the completed Form of Acceptance & FTF010 Form to the Share Registrar office no later than the first closing date of 22 Dec 2023. We will further advise on the Share Registrar details once appointed.

Take note that payment will be made to you within 10 calendar days from date of valid acceptance received.

Posted by calvintaneng > 2023-11-20 11:03 | Report Abuse

Ok thank you plantcloner

Now after Bplant top holders got their cash (over Rm1 Billion ringgit or more in total cash from LTAT)

POSSIBLE STOCKS THEY MIGRATE TO ARE

FGV (GLC)
TH PLANT (GLC)

BOTH ABOVE ARE CANDIDATES FOR PRIVATISATION FOR THEIR DEEP VALUE ASSETS


JTIASA

TSH
RESOURCES

SOP

TAANN

SIMEPLANT

IOI CORP

HS PLANT (GOT RM500 MILLIONS NET CASH OR 62 SEN PURE CASH)

Posted by calvintaneng > 2023-11-20 20:25 |

Post removed.Why?

Posted by calvintaneng > 2023-11-22 07:26 | Report Abuse

Congratulations to all who bought Bplant cheap at 57 sen in year 2021 till now

The fruit of your patience now amply rewarded at last

This shows long term holding value stock till all value emerge is the best course of action

We do less and get more

Posted by Alibone > 2023-11-22 08:36 | Report Abuse

@plantcloner, thanks for the info. Is there an alternative to accept through tricor online ?

Posted by Harim99 > 2023-11-22 16:51 | Report Abuse

Betapa besarnya kesabaran org yg memegangnya sehingga hari ni jika beli saham ni pd tahun 2021

Posted by calvintaneng > 2023-11-23 09:20 |

Post removed.Why?

Posted by calvintaneng > 2023-11-24 10:41 | Report Abuse

Strong collecting at Rm1.54

Hopefully, after more than Rm1 Billions cash received by Bplant Investors other shares like Jtiasa, Tsh resources and Thplant remain low in prices for us to buy cheap

Success begets success

Posted by plantcloner > 2023-11-25 14:53 | Report Abuse

I sold all remaining 6k of my BPlant @1.54 yesterday (queued for 2 days to get matched at 16:64）, I can forgo the RM60 extra + RM20 transaction costs to get my money back earlier and reinvest the fund somewhere else.

Posted by SEERESEARCH2023 > 2023-11-25 18:42 | Report Abuse

Strong sell at rm1.54, time to take profit and invest else where.

Posted by Mabel > 2023-11-26 09:32 | Report Abuse

https://www.thestar.com.my/news/nation/2023/11/25/india-asks-for-six-million-tonnes-of-palm-oil-from-m039sia-says-dpm

India is the largest importer of Malaysia’s CPO and they really need our help as Shah Rukh Khan, Amitabh Bachchan, Aamir Khan, Salman Khan, Kajol, Priyanka Chopra, Deepika Padukone etc needs help urgently. Their Capati and Tossie does not taste the same without Mabel Oil.

Right now Malaysia can only be able to export about four million tonnes to the country. Sarawak, please work harder, we need to increase another 2 million tonnes.

Mabel Oil Production: MPOA 1-20 October 2023
Peninsular Malaysia: (+) 4.83%
Sabah: (+) 4.26%
Sarawak: (-) 0.54%
East Malaysia: (+) 2.99%
Total Malaysia: (+) 4.14%

Posted by Dehcomic01 > 2023-11-26 12:27 | Report Abuse

BPlant – I am accepting the GO offer as it is at a fantastic price. I recently received the Offer Notification for my BPlant shares.
I bought the shares years ago and started selling in middle of the year when the share price started to go up.
At that juncture, I did not have any idea that it was going to be taken over by KLK. Anyway, by the time KLK announced the takeover at RM 1.55 per share, I already had sold off more than 90% of them. Yes, I left lots of money on the table.
Then came the termination of the sale and the subsequent offer by LTAT to buy the shares at the same price of RM 1.55 per share.
I am of course accepting the offer. It is not just because the offer price is above BPlant NTA or that the listing status would not be maintained.
It is because it is a fantastic price given the earnings power of BPlant.
If you look at the history of BPlant, a very significant part of the earnings was from land sale and not the plantation operations.
• From 2013 to 2020, the Group achieved RM 1.1 billion of PAT. Over this period the gain from the disposal of land and securities amounted to RM 1.2 billion. The plantation operations incurred cumulative losses for the period.
• Of the 2022 PBT of RM 729 million, RM 459 million came from asset sale.

Assuming a PE of 15, the company would have to generate an EPS of RM 0.10 per share yearly from the operations to justify the price.
Do you think that the company would be able to do so give the poor track record over the past 10 years. They will have to work very hard or find another buyer. I think we shareholders are very lucky to have this offer.
For my insights into BPlant refer to my blog or read this https://focusmalaysia.my/boustead-plantation-is-the-company-really-in-the-plantation-biz/

Posted by WongGK92 > 2023-11-28 13:57 | Report Abuse

Can earn extra 1 cent if enter now 😂

Posted by calvintaneng > 2023-11-29 04:26 | Report Abuse

JAYA TIASA (4383) LATEST RESULT SHOWS A HUGE SURPRISE JUMP IN PROFIT: UP BY 100% KUDOS TO YOUR EXCELLENT HARD, WELL DONE! WELL DONE!! WORK , Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2023-11-29-story-h-214097097-JAYA_TIASA_4383_LATEST_RESULT_SHOWS_A_HUGE_SURPRISE_JUMP_IN_PROFIT_UP_B

Posted by ACE9696 > 2023-12-01 12:54 | Report Abuse

second offer coming ?

Posted by calvintaneng > 2023-12-06 09:34 | Report Abuse

Happy morning all at Bplant

Just a brief recap

Buy call for Bplant was 57 sen in year 2020/1
Since then it has given 24 sen dividend bringing down real time cost to only 33 sen

At Rm1.55 LTAT offers Bplant from 33 sen to Rm1.55 is up a nice 369%

This tells us Buy and Hold Undervalue stocks till Value Emerge is the best form of investing

Posted by calvintaneng > 2023-12-06 09:43 |

Post removed.Why?

Posted by calvintaneng > 2023-12-06 13:54 | Report Abuse

in a surprising twist of event Ubs Bank suddenly appeared to have taken more than 5% of Bplant shares from open market

they were not in Top 30 shareholders before

what are they up to ?🤔

Posted by ACE9696 > 2023-12-06 23:01 | Report Abuse

finally it’s appeared…

Posted by ACE9696 > 2023-12-07 15:34 | Report Abuse

wow pecah 1550, 1.560

Posted by ACE9696 > 2023-12-07 15:46 | Report Abuse

ubs 5%, klk 3%….

Posted by ACE9696 > 2023-12-07 15:50 | Report Abuse

bplant kasi naikan harga, if not kasi special dividen

Posted by calvintaneng > 2023-12-07 16:36 | Report Abuse

Surprisingly bullish
Rm1.56 also done 🙂

Posted by calvintaneng > 2023-12-07 16:40 | Report Abuse

Mr Market is contradictory person

His mood swings from over pessimism to over optimism and back again to over pessimism

The best course of action is to buy from him during bouts of pessimism and then sell to him in times of euphoria

For Bplant now we have entered uncharted territory

Posted by calvintaneng > 2023-12-07 16:44 | Report Abuse

From here the lessons are

The best time to buy Bplant was below 57 sen during overpowering despair and certainly we should slowly take profit in market euphoria

This applies to all areas of Investment successes be they shares, real estate or any other investments

Contrarian investing opposite the behavior of crowd is the correct approach

Posted by SEERESEARCH2023 > 2023-12-07 17:46 | Report Abuse

Yalor, why keep promoting with all the wonderful supporting points at the peak price? I believe u have clear all ur tickets since long before......
Time to stir some panic?
I am very kesian on those who follow u and chase high. How many has burned their fingers after believing in u?

Posted by wallstreetrookieNEW > 2023-12-07 17:56 | Report Abuse

UBS is just proxy account for some local big-shot investors

Posted by calvintaneng > 2023-12-07 18:49 | Report Abuse

See(blinded) Research

every one who followed Calvin bought Bplant at 57 sen, 75 sen, 90 sen, Rm1.10 or Rm1.30 or even Rm1.45 are all sitting on good profits

some more some less but all are making profits in Bplant
so will be Tsh, Thplant and Jtiasa later

Posted by Harim99 > 2023-12-07 20:05 | Report Abuse

Tahniah, calvintaneng. Teka anda untung byk dr kaunter ni

Posted by Johnzhang > 2023-12-07 20:41 | Report Abuse

Very exciting development indeed.
Irrespective of who is behind UBS, I think the ultimate objectives of the parties are :
1. to "force" LTAT to up the offer price and hence make easy profit. OR
2. to eventually come out with competing offer trying take control of Bplant.
Minorities excluding offeror and parties acting in concert holds 716 mil shares (or 32%)
You need only 1/10 of the 716 mil shares (or 71.6 mil shares) to block privatisation plan of LTAT.

Posted by Johnzhang > 2023-12-07 20:42 | Report Abuse

and UBS alone already hold 120 mil shares !

Posted by Johnzhang > 2023-12-07 20:53 | Report Abuse

Questions are :
What will be LTAT's reaction?
a. to increase offer price to a level satisfactory to dissenting investors to successfully privatise Bplant ?
b. to maintain offer and accept some dissenting investors to remain as shareholders for a period of time ie no 100% privatisation ?
c. in case a competing offer surfaces, BHB and/or LTAT to dispose a portion of their shares to the competing offeror which shall be higher than $1.55 , the price KLK agreed to pay ?

Posted by calvintaneng > 2023-12-08 08:27 | Report Abuse

KELINGTON GROUP (0151) SOME RED FLAGS IN THIS STOCK YOU NEED TO KNOW, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2023-12-08-story-h-213205288-KELINGTON_GROUP_0151_SOME_RED_FLAGS_IN_THIS_STOCK_YOU_NEED_TO_KNOW_Calv


Dear all

Kindly pass this info to your loved ones, relatives, friends, Remisiers, Accountants, Fund Managers

Posted by kiwimelon > 2023-12-08 16:21 | Report Abuse

why is UBS buying so much share and now the price is 1.56?!
Should we sign the offer letter or see what's gonna happen next ==

Posted by ACE9696 > 2023-12-08 21:02 | Report Abuse

SMS
RM0 Boustead Plants Offer Doc-Mandatory Take Over by LTAT mailed 1/12/23.Closing:22/12/23,5P.M. Any queries:03-78904700-Boardroom, Registrar for the Offer

Posted by ACE9696 > 2023-12-08 22:36 | Report Abuse

@kiwimelon buy more hoot9e

Posted by calvintaneng > 2023-12-11 08:48 |

Post removed.Why?

Posted by DJThong > 2023-12-12 23:16 | Report Abuse

How about those chun chun buy Tsh at 1.72

Posted by calvintaneng > 2023-12-13 08:58 | Report Abuse

Happy morning all

John Templeton said,

"Bull market is born in pessimism; grows in skepticism; matures in optimism and dies in euphoria."

The best time to buy is during maximum pessimism and the time to sell is during maximum euphoria

The time to buy Bplant was 57 sen, Supermax was Rm1.73 before glove superbull and Hextech at 56.5 sen

Now is the time to buy other bombed out ones like Thplant and Tsh resources

Posted by Harim99 > 2023-12-13 09:53 | Report Abuse

perlahan-lahan kurangkan stok dan mengeksport lebih byk minyak sawit ke luar negara 🙂

https://www.bharian.com.my/bisnes/korporat/2023/12/1188297/simpanan-minyak-sawit-malaysia-susut-109-peratus-pada-november

Posted by SEERESEARCH2023 > 2023-12-13 15:20 | Report Abuse

Yaya, 57cents ya while someone keep telling ppl that this will goes up further and he diam diam still asking ppl to buy over his tickets at rm1.50. once time mature, repeat at another counter.

Posted by calvintaneng > 2023-12-14 23:39 | Report Abuse

The time to buy Bplant was 57 sen

After 24 sen dividend

Real time cost only 33 sen

Ltat offers Rm1.55 means

From 33 sen to Rm1.55 is up 369%

After this there are two other asset plays like Thplant and Tsh Resources

Can consider while both are still cheap and therefore got potential for price rise

Posted by calvintaneng > 2023-12-15 07:53 | Report Abuse

PELIKAN LIKE OUR BPLANT ARE BOTH ASSET PLAY

PELIKAN (5231) : AN ASSET PLAY NOW GIVING OUT 75 CASH PAYOUT: CHUN CHUN BUY CALL: CALVIN TAN
https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2023-12-15-story-h-212400680-PELIKAN_5231_AN_ASSET_PLAY_NOW_GIVING_OUT_75_CASH_PAYOUT_ANOTHER_CHUN_C

NOW FUTURE SUPER VALUE UNLOCKING STOCKS GO TO THPLANT & TSH RESOURCES!

Posted by Harim99 > 2023-12-15 15:34 | Report Abuse

Bplant akan diprivatised?

Posted by Yippy68 > 2023-12-18 03:11 | Report Abuse

very uncertain now. interesting thing happened, wait to see.. haha