Posted by share2014 > 2018-03-14 21:59 | Report Abuse

Why today downto 1.68?

Posted by brianklc > 2018-03-15 10:01 | Report Abuse

Institution players purposely press down price. If u see the timing of the transactions, it all happened within minutes from 1.71 to 1.68 (and surprisingly there were big quantities waiting there to absorb the sales, so I suspect they play “left pocket, right pocket”, meaning pushing down price without effectively loosing their holdings. Intention was to force panic selling.

Posted by brianklc > 2018-03-15 10:03 | Report Abuse

They have been doing this for quite some time already, which they normally put multiple 100 shares, buy or sell queue to “mark” their order...

Posted by brianklc > 2018-03-15 10:11 | Report Abuse

Holding power is very important... BP, is a div yield share with a yield of 7-8%.... so I do not expect price to fluctuate much... if u read their annual report, they intend to let go all their Seberang Perai land which have a market value of 10X of its cost.... of course finding buyer takes time.

Posted by brianklc > 2018-03-15 10:27 | Report Abuse

https://www.channelnewsasia.com/news/asiapacific/malaysia-s-parliament-to-be-dissolved-between-mar-28-to-30-the-10044978

Posted by junclj > 2018-03-15 15:13 | Report Abuse

May I know what is the meaning of "2 bonus shares for every 5 existing BPB shares" will the price drop?

Posted by junclj > 2018-03-15 15:17 | Report Abuse

lol to brianklc, my average buying price is RM1.563 and been hold this counter for 4 years already. This counter is for long-term investment and just for earning dividend.

Posted by brianklc > 2018-03-15 22:09 | Report Abuse

for every 5 share u get 2 additional, meaning if now u hold 5, u get 7 ex-bonus... price will be lower of course... bonus yield per share will be lesser... but bonus yield per combo of "5 shares that become 7" will be same... hoped my layman explanation clear...

Posted by brianklc > 2018-03-15 22:10 | Report Abuse

agree on long term investment, better return thn Amanah Saham...

Posted by brianklc > 2018-03-16 10:10 | Report Abuse

corrections on "but bonus yield per combo of "5 shares that become 7" will be same".... after thinking further, the reason of the management giving bonus issue rather thn dividend is to buy the sabah land to sustain future income... hence, factor in additional CPO income from sabah land, the bonus per share should be at least same or better, depending on CPO price... if Chinese envoy really serious in their commitment to buy Malaysia's Palm Oil, there should be positive trending in the long term...

Posted by brianklc > 2018-03-16 10:11 | Report Abuse

Based on dutaland Q4 announcement, they projected the sabah land sale to be completed by Q418.

Posted by brianklc > 2018-03-16 10:13 | Report Abuse

Anyone able to tell why operating expenses for BP for Q417 is significantly higher thn Q317? Is it kitchen sinking to boost Q118? if anyone knows pls share...

Posted by Jaya > 2018-03-16 11:14 | Report Abuse

Brianklc
For someone who writes shit, I am doing alright travelling the world and staying in the best places, eating and drinking the best and with a very healthy & diversified profolio to my name.
When you get there I might meet you in my travels. Don’t worry I shall pay for the dinner & drinks out of the dividends I earn.
I don’t play margins, only dividend bearing shares long term.
Shares like Berkeley Group, Rio Tinto, Johnson & Johnson as some of them.
So best of luck with your copy cat articles which we as intelligent people in here , have read and digested before you.

Posted by junclj > 2018-03-16 11:15 | Report Abuse

i dont think itrade@cimb will give me that bonus shares, the price drop but my share quantity still maintain at that units.

Posted by brianklc > 2018-03-16 11:30 | Report Abuse

Jaya, good luck to u and good night... hoped u recover you costs

Posted by brianklc > 2018-03-16 11:31 | Report Abuse

junclj, dont understand

Posted by junclj > 2018-03-16 11:33 | Report Abuse

just want to know how does this works about that bonus issue thing because I was bought many shares at last time. after bonus was issued the share price drop, I get nothing, my quantity of shares maintain the same and just keep trapped in there.

Posted by brianklc > 2018-03-16 11:44 | Report Abuse

no la, u get more shares, more shares will be credited to u... Eg. every 5 shares u hold will become 7 shares post bonus... take RM1.70 as example, theoretical ex bonus price will be RM1.21... and ur CDS will be credited additional 2 shares post bonus issue...

Posted by brianklc > 2018-03-16 11:45 | Report Abuse

Cum Bonus- RM1.70 x 5 shares= RM8.50

Posted by brianklc > 2018-03-16 11:45 | Report Abuse

Ex Bonus- RM1.21 x 7 shares= RM8.50

Posted by junclj > 2018-03-16 11:52 | Report Abuse

this bonus issue thing was just a big nightmare for me, since start from last time, of course not bplant. This counter I was hold for more than 4 years already.

Posted by brianklc > 2018-03-16 11:58 | Report Abuse

what makes u invest in BP in the 1st place 4 yrs ago? u got it during IPO?

Posted by Jaya > 2018-03-16 12:26 | Report Abuse

Brianklc
When bonus is issued, the big boys will push it down to more like 1.02rm then they start buying back big over the next few weeks and make their gains. You know that
Thus just hang on to them long term for dividends
& price will recover slowly but surely.

Posted by Jaya > 2018-03-16 12:30 | Report Abuse

It is not a short term counter for rapid profit

Posted by brianklc > 2018-03-16 12:42 | Report Abuse

seems like ur tone had changed since your buy calls and TP of RM1.75, sold all already?

Posted by brianklc > 2018-03-16 12:46 | Report Abuse

hahaha.... new TP from Jaya, RM1.02... pls state ur timeline, whn will it happen?

Posted by brianklc > 2018-03-16 12:47 | Report Abuse

need to get ready my money whn it happens...

Posted by brianklc > 2018-03-16 13:27 | Report Abuse

i bet u dont even know who is controlling Boustead shares by coming out with ur RM1.02 TP, any idea wht was its IPO price?

Posted by brianklc > 2018-03-16 13:29 | Report Abuse

J oh J, pls dont embarrass urself anymore...

Posted by TheContrarian > 2018-03-17 18:18 | Report Abuse

At 1.02 I will sailang. :-)

Posted by joetay > 2018-03-17 20:04 | Report Abuse

bro thecontrarian, even if below 1.02, dangerous to sailang also.

cpo prices is going to be weak except the occasional weak spike until end of this yr, barring a total wipe-out of us and south american soybean growing.

Posted by TheContrarian > 2018-03-17 23:34 | Report Abuse

Joetay, I was just kidding.

Posted by joetay > 2018-03-17 23:42 | Report Abuse

lol............

bro thecontrarian, i know u as a very cautious investor most of the time so was shocked to see u want to sailang into this stock.

becos ur nick is thecontrarian, i thot u will be so contrarian and throw away ur steady strategy to buy in.

Posted by TheContrarian > 2018-03-18 02:51 | Report Abuse

I will never sailang, need to spread out. I wouldn't ever put all eggs in one basket.

Posted by joetay > 2018-03-18 08:20 | Report Abuse

for me, i try not to spread out too thinly.

if the stock is good potential, punt more heavily into it.

for those with good potential but higher risk, punt less heavily.

lastly, dont punt on too many stocks so as to be able to monitor more efficiently.

Posted by TheContrarian > 2018-03-18 11:03 | Report Abuse

I have a spread of around 10 - 15 counters, at least one in every sector if possible.

Posted by joetay > 2018-03-18 15:06 | Report Abuse

different ppl have different style.

most important is that the style suits u.

what works for me may not work for u and vice versa.

Posted by TheContrarian > 2018-03-18 16:16 | Report Abuse

I have a full time job so I have to invest passively.

Posted by Leesk > 2018-03-19 17:15 | Report Abuse

@ joetay are you the same person in this forum talking badly on Parkson holdings forum?

Posted by Jaya > 2018-03-20 06:49 | Report Abuse

Brianklc
1.1 I shall buy all day long got 1.5m bro

Posted by InvestorAnalyst > 2018-03-22 10:46 | Report Abuse

acquisition still on, need shareholders approval for acquisition and bonus at the EGM.

Posted by Jaya > 2018-03-22 20:02 | Report Abuse

InvestorAnalyst
All these can be done at the AGM, don’t need separate EGM for it.

Posted by Jaya > 2018-03-22 20:12 | Report Abuse

BrianKlc
Happy with dividends to date,dumped it at 1.694
Shall buy back after bonus issue, seen you then
Good luck with your holding in Bplt
Chucking it in Pchem & Lctitan
Have a go bro

Posted by Jaya > 2018-03-26 09:55 | Report Abuse

Brianklc
1.02 coming soon

Posted by Jaya > 2018-03-26 09:56 | Report Abuse

Sell sell sell

Posted by InvestorAnalyst > 2018-03-27 15:33 | Report Abuse

Jaya, yeah right. AGM and EGM can be on the same day. But it is consider as EGM, not under AGM.

Posted by brianklc > 2018-03-28 13:47 | Report Abuse

Jaya, so how much loss u incurred? i guess u bought at RM1.76. Minus dividend 4 sen, ur net cost is RM1.72, so fast surrender and turn ur paper loss to realised lost already?

Posted by Jaya > 2018-03-29 18:14 | Report Abuse

No paper loss , only real profit la
After dumping it
Bought avg 1.67 sold 1.69

Posted by Jaya > 2018-03-29 18:15 | Report Abuse

Waiting for after bonus to buy back

Posted by Jaya > 2018-03-29 19:31 | Report Abuse

Still holding some