Posted by speakup > 2023-10-10 07:34 | Report Abuse

there we go again, hard earned tax-payers money wasted on bailout. later govt say have to raise this tax raise that tax cos no money. lousy govt!
klk deal was superior cos it involve 0 tax-payer money

Posted by StartOfTheBull > 2023-10-10 08:39 | Report Abuse

MAS, Bank Bumiputra, Felda, Lembaga Tabung Haji, 1 MDB, LTAT,
.....and the lists go on.

Posted by Dehcomic01 > 2023-10-10 08:48 | Report Abuse

The performance of BPlant had not been fantastic over the past few years. It made money from land sale rather than operations. So there is a good chance that LTAT would have to find another buyer. Unfortunately for those of you who failed to get it when it was < RM 1.00, you are merely speculating if you buy it now.

Posted by mf > 2023-10-10 08:57 | Report Abuse

Israel-Gaza live updates: Israel mobilizes a record 300,000 reservists; Gaza under ‘complete siege’
Amanda Macias
Natasha Turak
Ruxandra Iordache
This is CNBC’s live blog tracking developments on the Israel-Hamas conflict. See below for the latest updates.

Posted by Johnzhang > 2023-10-10 09:12 | Report Abuse

Government loan guarantee issued and its specifically for the MGO.
MGO by LTAT is a done deal and is going to happen within weeks !

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

Sorry for the panic and ill -informed retailers for throwing out good money on 2nd Oct (Monday) when Bplant was sold down to low as $1.17 !
Just for readers information, the net short position of Bplant on 29th Sept (Friday), one trading day before the selldown, was over 40 million share and the closing share price was $1.46.
All the shorts were cover on 2 Oct on he selldown day! Why ?
The short sellers made huge profit covering their short position at low prices on 2 OCT!

I must admit having benefitted from buying substantial volume during the 2 Oct selldown and now making handsome gains in just a week!

Conviction and patient pays off. But you must do enough homework !

Posted by Tyranny > 2023-10-10 09:37 | Report Abuse

What a load of crapz

Posted by youarewelcome88 > 2023-10-10 09:50 | Report Abuse

@mf...I see Gaza Strip flattened the next 14 days... volatile & ugly situation

Posted by Mabel > 2023-10-10 10:59 | Report Abuse

speakup there we go again, hard earned tax-payers money wasted on bailout. later govt say have to raise this tax raise that tax cos no money. lousy govt!
klk deal was superior cos it involve 0 tax-payer money
10/10/2023 7:34 AM

While the Corrupted got a away easily, earlier they impose Cukai Makmur, now they want to tax Share Dividend. Plantation counters has always been a good source of Dividends.

Can they do that?

https://www.freemalaysiatoday.com/category/nation/2023/10/08/tax-on-share-dividends-will-bring-more-than-gst-govt-told/

Posted by Mabel > 2023-10-10 11:01 | Report Abuse

Will they give it back now Palm Oil is below RM 4000?

Meow

Posted by youarewelcome88 > 2023-10-10 11:04 | Report Abuse

@Mabel... How's Mr Mabel? It's already official? Cheers

Posted by 5354_ > 2023-10-10 11:46 | Report Abuse

CPO down how to pay back loan taken to privatise B Plant?

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

youarewelcome88 @Mabel... How's Mr Mabel? It's already official? Cheers
10/10/2023 11:04 AM

It's Miss Mabel...Hope it's not official. It's still under discussion Bro...

Meow

Posted by youarewelcome88 > 2023-10-10 11:56 | Report Abuse

@Mabel... Oh not yet.

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

Let's hope it doesn't happen. GST should be the way forward...

Posted by Mabel > 2023-10-10 12:14 | Report Abuse

Meanwhile everyone still holding BP are happy today. Although the chart is still bearish, it has now climbed to RM 1.46. When we see money, don't be greedy. This is clearly profits from the sky. Mabel has locked her profit at 1.43 to focus on her other Malaysian and Indonesian Plantation. All the best to LTAT and Boustead!

Beside BP, Mabel KLK is now back to its normal trend and momentum after BP Plantation deal fail. The KLK Shareholders are also very happy. Despite the fail marriage, both parties are happy and can live happily ever and after...

Currently Spot Palm Oil Price is RM 3600 per ton. It's looking good for our Plantation..

https://theedgemalaysia.com/node/684938

To Our Success !

Mabel FarMeow

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

😀

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

Rm1.55

Posted by calvintaneng > 2023-10-10 13:11 | Report Abuse

Tmakmur was Rm1.38
Pahang Royalty offerred Rm1.80 to take it private
Then raised final offer price to Rm1.90

Posted by calvintaneng > 2023-10-10 13:14 | Report Abuse

Kulim was Rm2.50
JCorp gave Rm4.10
All taken to do two Township in Pengerang

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

Ijmplant Rm1.86
Klk took all at Rm3.10

Posted by youarewelcome88 > 2023-10-10 13:17 | Report Abuse

With the impending removal of AP & IP, whose holders contribute no economic values but inflation, are positive steps taken for the re-introduction of GST. Earliest expectations 2025

Posted by calvintaneng > 2023-10-10 13:22 | Report Abuse

Bplant was 64 sen
LTAT offers Rm1.55

Only Rm1.55?

Bplant with 220,000 acres
Rest from 100k to 165k acres only

Bplant Peninsular lands FREEHOLD

others Leasehold

Posted by StartOfTheBull > 2023-10-10 13:55 | Report Abuse

Only 9c away to takeover price of RM1.55, the risk is quite costly compared to opportunity gain.

Posted by calvintaneng > 2023-10-10 14:21 | Report Abuse

Risk is 10% as Ltat with Boustead only hold 68.1%

while 31.9% Bplant shares are in the hands of retailers

So unless they can get 90% only then Compulsory Mco can be triggered

Or else ?
Or else they have to follow Tmakmur and offer a higher price

For now those who got Bplant shares just hold tight

Posted by calvintaneng > 2023-10-10 14:22 | Report Abuse

All waited so long and stay to watch the finality

Just hold a little while longer and see how things unfold

Posted by calvintaneng > 2023-10-10 14:25 | Report Abuse

Do not jump ship unless you want to sell and move to other palm oil shares

Top Holders of both Boustead and Bplant are palm oil veterans


after getting paid all will also migrate to other palm oil shares for more privatisation

Posted by calvintaneng > 2023-10-10 16:40 | Report Abuse

BPLANT (5254) A LOOK DEEPER LOOK AT ITS "TREASURES" OF HIDDEN ASSETS, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2023-10-10-story-h-217971632-BPLANT_5254_A_LOOK_DEEPER_LOOK_AT_ITS

Posted by titan3322 > 2023-10-10 17:35 | Report Abuse

Can wait for 1.51 1.52 when the ex date is given that's all you can hope for, don't dream of higher offer price. 🤣🤣

Posted by calvintaneng > 2023-10-10 18:01 | Report Abuse

Tok Mat said

Bplant Planting on "Gold Mine" Lands

See this Land in Teluk Sengat, Johor where Bplant got 9,118 Acres of Freehold lands
book value only 62 sen psf now current asking price Rm6.20 psf (up almost 1,000%

in 1995 it was kampung jungle road

Today Modern TAR ROAD

Real "HIDDEN TREASURE"

See

https://www.youtube.com/watch?v=1bHMp6qpVYQ

Posted by calvintaneng > 2023-10-10 18:07 | Report Abuse

Bplant got two Value

1. From its Lands now appreciated by 3X, 5X, 7X or up to 10X

2. From FFB and now 79,600 tonnes

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=339146

Posted by calvintaneng > 2023-10-10 18:07 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3391469

Posted by FinanceInRealLife > 2023-10-10 19:50 | Report Abuse

so looks like the government is taking our money to save LTAT's deal on Bplant.

Posted by FinanceInRealLife > 2023-10-10 19:50 | Report Abuse

Here's our thought: https://www.youtube.com/watch?v=PKCV3Ubvbvw

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

Wrong lah!

Govt is not using Rakyat monies

Govt is guaranteeing Banks to get Rm2 billion loan for Ltat as a stop gap measure

When Bplant lands are sold it will solve all of Ltat's Rm6.8 billions debt

The total assets of Bplant if valued and sold off at current market rate will easily exceed Rm10 Billions

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

ok let's see Bplant annual report for it's Property assets

Bukit Mertajam estate in Kulim kedah

bplant owns 2,605.7 hectares

convert hectare to acre by x 2.471

= 6,438 acres

BM being a hot spot due to Batu Kawan Industrial boom land now sells for Rm30 pdf
one acre will be 43,560 x Rm30
= Rm1.3 millions an acre

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

since Bplant got 6,438 acres
at Rm1.3 mil per acre it will be Rm8.36 Billions

Posted by calvintaneng > 2023-10-10 21:16 | Report Abuse

How much is Rm8.36 Billions ?

it is Rm3.78 a share worth

and Bplant still got 200,000 acres we not yet count

Posted by chamlo > 2023-10-11 04:26 | Report Abuse

Bursa no news. LTAT did not buy from open market like Boustead?

Posted by firehawk > 2023-10-11 06:46 | Report Abuse

Posted by speakup > 1 week ago | Report Abuse
we have a "U" turn madani govt. just because some opposition politicians make noise, PMX no guts to stick to the agreement but bow to opposition. that's why speakup no longer support this no-backbone fake-reformist govt.
govt must compensate Klk for all the shares Klk bought around 1.50

Posted by speakup > 1 day ago | Report Abuse
1.43!
Ini kalilahhhhhhhhh!!!! All in!!!!!

Posted by speakup > 22 hours ago | Report Abuse

there we go again, hard earned tax-payers money wasted on bailout. later govt say have to raise this tax raise that tax cos no money. lousy govt!
klk deal was superior cos it involve 0 tax-payer money

~~~~~~~~~~~~~~~~~~~~~~~~~~~~
You mixed up using your IDs, you should use "stockraider“ for the,

1.43!
Ini kalilahhhhhhhhh!!!! All in!!!!!

Posted by speakup > 2023-10-11 07:39 | Report Abuse

yawn!

Posted by Johnzhang > 2023-10-11 07:41 | Report Abuse

Is LTAT mopping up discounted Bplant share from open market thru "proxy" like an investment bank ??
Bplant is a very important part to solving the debt woes and to successfully transform LTAT under the program 2023-2025. Hence, privatisation of Bplant must succeed!

Posted by speakup > 2023-10-11 07:45 | Report Abuse

price action already show high chance will success this time. very little meat left for latecomers

Posted by Johnzhang > 2023-10-11 07:47 | Report Abuse

Tok Mat said this in parliament :
KUALA LUMPUR – Langkah Lembaga Tabung Angkatan Tentera (LTAT) meneruskan tawaran am untuk pembelian Boustead Plantations Sdn Bhd (BPlant) bertujuan untuk memastikan proses penstrukturan semula syarikat itu dapat diteruskan.

“Langkah itu untuk memberikan autonomi serta flesksibiliti kepada LTAT dalam menentukan hala tuju strategik serta meningkatkan potensi operasi Bplant dalam menjalankan aktiviti tambah nilai, sekali gus merealisasikan potensi maksimum syarikat itu,” katanya di Dewan Rakyat, hari ini

Posted by stockraider > 2023-10-11 08:13 | Report Abuse

Bplant takeover by LTAT is a done deal loh!

No one dare to challenge the LTAT whether from the PN opposition party or from the ruling opposition within the Unity Govt loh!

Surely $$$$$$$$$$$$$$ masuk pocket mah!

Posted by titan3322 > 2023-10-11 09:47 | Report Abuse

To cut the story short it's like a parent having some rich Anak2 but don't know how to manage them or have a not very ****** father and consequently have to sell the son's assets to save the family. I think there are more than one case like this 😄😄

Posted by titan3322 > 2023-10-11 09:52 | Report Abuse

Since it's done deal the question now is when will be the ex date which many holders are interested in. 3 months time 6 months or drag to a year. 🤣

Posted by youarewelcome88 > 2023-10-11 10:04 | Report Abuse

It definitely is a done deal. Do you guys think it's easy to raise the funds even with the government guarantee? @speakup, what say you?

Posted by speakup > 2023-10-11 13:16 | Report Abuse

Prefer Klk deal
Less govt involvement

Posted by speakup > 2023-10-11 13:18 | Report Abuse

https://theedgemalaysia.com/node/685546