Posted by FatRat93 > 2019-04-02 18:47 | Report Abuse

does this year only have 3 times of dividends instead of 4 times from last year?

Posted by TheContrarian > 2019-04-02 19:44 | Report Abuse

Yes, due to losses no dividend.

Posted by Vulture123 > 2019-04-04 21:35 | Report Abuse

Speculative stock ........

Posted by shpg22 > 2019-04-06 16:43 | Report Abuse

Expected 0 cent dividend in FY19. Same bunch of joker as parent company BSTEAD.

Posted by speedlikecy > 2019-04-10 21:09 | Report Abuse

with some good news.
price break 20 ema, hope continue uptrend.

Posted by brianklc > 2019-04-18 17:36 | Report Abuse

Penang land sales complete

Posted by TheContrarian > 2019-04-18 18:13 | Report Abuse

Under new government, Bplant is not expected to be so generous in paying out dividends as in the past.

Posted by brianklc > 2019-04-18 20:23 | Report Abuse

Let’s see

Posted by hollandking > 2019-04-18 20:37 | Report Abuse

wow, this is the counter some of you so heavily pumped last year , now less than 1?????

Posted by brianklc > 2019-04-18 20:56 | Report Abuse

Halo, oil palm price down, wht do u expect?

Posted by dboulevard > 2019-04-19 13:19 | Report Abuse

China and Russia buying more palm oil now, hope price of cpo goes up.. F the european Union for their smear campaign against palm oil.

Posted by Yippy68 > 2019-04-19 19:44 | Report Abuse

Malakoff plantation Prai, still holding 1,731 acres of land waiting for good price to dispose.

Posted by Yippy68 > 2019-04-19 19:50 | Report Abuse

many more prime land in hand, read 2018 AR

Posted by malaysiakuku > 2019-04-23 09:23 | Report Abuse

pastinya ada berita baik untuk mesyuarat perjumpaan tahunan esok pagi...Keep it up...

Posted by Yippy68 > 2019-04-24 06:34 | Report Abuse

i can not attend due to business commitment, can someone kindly ask whether they are selling those prime land in Prai, Kulai, Pengarang and Semenyih amounted to more than 3 billions to pay up bank loan and dividend, and make Bplant debt free and cash rich. Thank you..

Posted by Yippy68 > 2019-04-24 06:44 | Report Abuse

total land suggested to sell only about 12,000 acres which is only 0.5% of existing land bank

Posted by Patrick13 > 2019-04-24 15:36 | Report Abuse

Boustead Plantations looking to reduce gearing level to 0.2 times by 2022

PETALING JAYA (April 24): Boustead Plantations Bhd is looking to pare down its gearing ratio to 0.2 times by 2022, and achieve this target in part by selling plantation land close to urban areas.

At a press conference following its annual general meeting (AGM) today, Boustead Plantations chief executive officer (CEO) Chow Kok Choy said the group's gearing level is around 0.5 times currently, and it is looking to reduce its gearing level via the sale of its plantation land near urban areas during the next three to four years.

"We will have a gearing slightly around 0.5 times. If you are in the plantation business, your gearing should be around 0.2 to 0.3 times.

"We have land with potential property value, and we have quite a number of properties which have got potential. The plan over the next three to four years is to monetise these pieces of land," said Chow.

He added that the group is looking to sell plantation land near urban areas because costs associated with the lands' upkeep are high and that the supply of labour to harvest these pieces of land is limited.

When queried on the total land bank that the group is looking to potentially dispose of as property developments, Chow said he could not indicate the actual size of the land, but revealed it was worth between RM1 billion and RM1.2 billion.

Chow added he could not disclose the locations of the plantation plots slated for property development.

When queried as to why the group is looking to purchase more land, Chow said the purchase of more plantation land would allow it to achieve economies of scale.

"Going forward we need size, in our strategy we aim to have 100,000 hectares (ha), currently we have 93,000 ha.

"As an upstream player we are a price taker, if you are not big enough you are not going to be competitive," said Chow.

In the financial year ended Dec 31, 2018 (FY18), the group had long-term borrowings amounting to RM373.09 million, short-term borrowings of RM744.6 million, and a gearing level of 0.4 times.

The group announced on Aug 1, 2018 that it was purchasing 17 pieces of oil palm plantation land totalling 4,915.25 ha in Sabah, inclusive of a 75 tonne per hour palm oil mill for RM397 million, with the purchase being partly funded by RM350 million in bank borrowings.

At the midday break today, Boustead Plantations rose 0.63% or 0.5 sen to 79.5 sen.

Posted by bekful > 2019-04-24 19:12 | Report Abuse

https://www.theedgemarkets.com/article/dr-mahathir-meet-chinas-leaders-tomorrow-palm-oil-and-ecrl#.XMAGL9L87DE.

Good for plantation industry. Let see tomorrow.

Posted by Yippy68 > 2019-04-24 22:16 | Report Abuse

thank you @Patrick13,

Posted by 129055444514385 > 2019-04-25 11:39 | Report Abuse

GRAB SOME.... IT COULD REBOUND OR RECOVER LIKE FGV.... BOUSTEAD IS ALSO A GLC :)

Market Cap: 1,802 Million
NOSH: 2,225 Million
Avg Volume (4 weeks): 674,030
4 Weeks Range: 0.76 - 0.835
4 Weeks Price Volatility (%):
66.67%
52 Weeks Range: 0.655 - 1.39
52 Weeks Price Volatility (%):
21.09%
Average Price Target: 1.78
Price Target Upside/Downside: +0.97

Posted by 129055444514385 > 2019-04-25 11:40 | Report Abuse

gOVT WILL SURELY HELP THIS PLANTATION GROUP LIKE FGV.... TAKE CARE OF THE ARMY ASLO HAHA


LEMBAGA TABUNG ANGKATAN TENTERA 24-Jul-2018 Acquired 111,100 0.000 View Detail
LEMBAGA TABUNG ANGKATAN TENTERA 05-Jun-2018 Acquired 70,000 0.000 View Detail
LEMBAGA TABUNG ANGKATAN TENTERA 04-Jun-2018 Acquired 215,000 0.000 View Detail
BOUSTEAD HOLDINGS BERHAD 02-May-2018 Others 367,467,400 0.000 View Detail
LEMBAGA TABUNG ANGKATAN TENTERA 02-May-2018 Others 77,306,600 0.000 View Detail
LEMBAGA TABUNG ANGKATAN TENTERA 09-Mar-2017 Acquired 20,000 0.000 View Detail
LEMBAGA TABUNG ANGKATAN TENTERA 08-Mar-2017 Acquired 40,000 0.000 View Detail
LEMBAGA TABUNG ANGKATAN TENTERA 07-Mar-2017 Acquired 50,000 0.000 View Detail
LEMBAGA TABUNG ANGKATAN TENTERA 06-Mar-2017 Acquired 50,000 0.000 View Detail
LEMBAGA TABUNG ANGKATAN TENTERA 03-Mar-2017 Acquired 80,000 0.000 View Detail
LEMBAGA TABUNG ANGKATAN TENTERA 02-Mar-2017 Acquired 80,000 0.000 View Detail
LEMBAGA TABUNG ANGKATAN TENTERA 01-Mar-2017 Acquired 80,000 0.000 View Detail
LEMBAGA TABUNG ANGKATAN TENTERA 28-Feb-2017 Acquired 80,000 0.000 View Detail
LEMBAGA TABUNG ANGKATAN TENTERA 27-Feb-2017 Acquired 80,000 0.000 View Detail
LEMBAGA TABUNG ANGKATAN TENTERA 24-Feb-2017 Acquired 230,000 0.000 View Detail
LEMBAGA TABUNG ANGKATAN TENTERA 23-Feb-2017 Acquired 100,000 0.000 View Detail
LEMBAGA TABUNG ANGKATAN TENTERA 22-Feb-2017 Acquired 100,000 0.000 View Detail
LEMBAGA TABUNG ANGKATAN TENTERA 30-Dec-2016 Acquired 823,900 0.000 View Detail
LEMBAGA TABUNG ANGKATAN TENTERA 18-Jan-2016 Acquired 87,500 0.000 View Detail
LEMBAGA TABUNG ANGKATAN TENTERA 15-Jan-2016 Acquired 57,100 0.000 View Detail
LEMBAGA TABUNG ANGKATAN TENTERA 14-Jan-2016 Acquired 5,000 0.000 View Detail
LEMBAGA TABUNG ANGKATAN TENTERA 13-Jan-2016 Acquired 113,000 0.000 View Detail
LEMBAGA TABUNG ANGKATAN TENTERA 12-Jan-2016 Acquired 108,500 0.000 View Detail
LEMBAGA TABUNG ANGKATAN TENTERA 11-Jan-2016 Acquired 133,000 0.000 View Detail
LEMBAGA TABUNG ANGKATAN TENTERA 07-Jan-2016 Acquired 1,109,600 0.000 View Detail

Posted by 129055444514385 > 2019-04-25 11:42 | Report Abuse

ADA UNTUNG ON DISPOSAL OF LAND KAN ? HAHA

5254 BPLANT BOUSTEAD PLANTATIONS BHD
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)BOUSTEAD PLANTATIONS BERHAD ("BPB" OR "COMPANY")SALE OF FREEHOLD PLANTATION LANDS HELD UNDER 3 LAND TITLES MEASURING A TOTAL OF 138.89 HECTARES FOR A TOTAL CASH CONSIDERATION OF RM136,043,971.70 ("SALE")You are advised to read the entire contents of the announcement or attachment.To read the entire contents of the announcement or attachment, please accessthe Bursa website at http://www.bursamalaysia.com


18/04/2019 07:00 AM


Ref Code: 201904183000145

Posted by 129055444514385 > 2019-04-25 12:14 | Report Abuse

palm oil price has recovered a lot this year..............share price will improve also

Date Open Range Close Change Volume
24/04/2019 0.795 0.785 - 0.81 0.80 +0.01 (1.27%) 1,966,200
23/04/2019 0.80 0.775 - 0.805 0.79 +0.015 (1.94%) 919,300
22/04/2019 0.78 0.775 - 0.805 0.775 -0.005 (0.64%) 578,000
19/04/2019 0.78 0.78 - 0.79 0.78 0.00 (0.00%) 240,700
18/04/2019 0.78 0.77 - 0.78 0.78 0.00 (0.00%) 253,600
17/04/2019 0.78 0.77 - 0.79 0.78 +0.005 (0.65%) 343,600
16/04/2019 0.79 0.77 - 0.80 0.775 -0.02 (2.52%) 775,700
15/04/2019 0.80 0.79 - 0.80 0.795 -0.005 (0.62%) 372,100
12/04/2019 0.815 0.80 - 0.82 0.80 -0.015 (1.84%) 687,500
11/04/2019 0.825 0.81 - 0.825 0.815 -0.01 (1.21%) 780,900
10/04/2019 0.82 0.82 - 0.835 0.825 +0.01 (1.23%) 656,200

Posted by Good123 > 2019-04-25 14:14 | Report Abuse

dividend stock, grab some :)

Announcement Date Subject Amount Ex Date
22/11/2018 Interim Dividend 0.02 05/12/2018
23/08/2018 Second interim dividend 0.025 06/09/2018
23/05/2018 First Interim Dividend 0.025 06/06/2018
16/04/2018 Bonus Issue 2 : 5 26/04/2018
27/02/2018 Interim Dividend 0.04 12/03/2018
21/11/2017 Special Dividend 0.07 06/12/2017
21/11/2017 Interim Dividend 0.03 06/12/2017
22/08/2017 Second interim dividend 0.03 06/09/2017
23/05/2017 First Interim Dividend 0.025 05/06/2017
15/02/2017 Interim Dividend 0.035 01/03/2017
16/11/2016 Interim Dividend 0.05 01/12/2016
22/08/2016 Second interim dividend 0.03 05/09/2016
17/05/2016 First Interim Dividend 0.0300 06/06/201

Posted by Good123 > 2019-04-25 14:15 | Report Abuse

better chance for this stock than fgv... this stock just started to rise haha

Posted by Good123 > 2019-04-25 15:07 | Report Abuse

(April 25): Malaysia's April 1-25 palm oil exports seen at 1,260,622 tonnes versus March 1-25 at 1,158,178 tonnes, said Amspec Malaysia.

Posted by Good123 > 2019-04-25 15:12 | Report Abuse

KUALA LUMPUR (April 25): Malaysian palm oil futures opened higher on Thursday, edging up to a three-session top.
The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange was last up 0.1 percent at 2,173 ringgit ($525.77) a tonne.

Posted by dboulevard > 2019-04-25 17:20 | Report Abuse

Europeans can go stuff the anti palm oil smear campaigns up their stinky lying ass. China and Russia are buying palm oil.

Posted by Good123 > 2019-04-25 18:26 | Report Abuse

BEIJING (April 25): Malaysia is likely to reverse the trend of declining palm oil export to China, which has persisted for the past six years.
Malaysia signed a memoradum of understanding to enhance palm oil trade with China this afternoon, prior to the start of the second Belt

Posted by Good123 > 2019-04-25 18:27 | Report Abuse

boustead plantation has less problems than fgv, when the palm oil prices improved, surely it will show profitability

Posted by 129055444514385 > 2019-04-25 20:12 | Report Abuse

Govt will care for this company, agreed.... retirement fund for the army

Shareholding Changes
Date of change Shares Director/
Substantial Shareholder
19 Sep 2018 Acquired
2,800 DATO' MOHZANI BIN DATUK DR. ABDUL WAHAB
24 Jul 2018 Acquired
111,100 LEMBAGA TABUNG ANGKATAN TENTERA
05 Jun 2018 Acquired
70,000 LEMBAGA TABUNG ANGKATAN TENTERA
04 Jun 2018 Acquired
215,000 LEMBAGA TABUNG ANGKATAN TENTERA
02 May 2018 Other
367,467,400 BOUSTEAD HOLDINGS BERHAD
02 May 2018 Other
77,306,600 LEMBAGA TABUNG ANGKATAN TENTERA
02 May 2018 Other
600,000 GEN (R) TAN SRI DATO' MOHD GHAZALI BIN HAJI CHE MAT
02 May 2018 Other
24,000 GEN (R) TAN SRI DATO' MOHD GHAZALI BIN HAJI CHE MAT
02 May 2018 Other
120,360 DR RAJA ABDUL MALEK BIN RAJA JALLALUDIN
02 May 2018 Other
80,000 DATO' MOHZANI BIN DATUK DR. ABDUL WAHAB

Posted by Money1188 > 2019-04-26 10:28 | Report Abuse

Maybank sell call 0.71

Posted by 129055444514385 > 2019-04-26 21:09 | Report Abuse

After fgv share price doubled from 60sen+, time for the govt to help boustead plantation in order to help the army retirement funds...


PETALING JAYA: Malaysia’s palm oil exports to China will likely see an additional 20% increase, or about 400,000 tonnes per year, following the latest palm oil supply memorandum of understanding (MoU) witnessed by Prime Minister Tun Dr Mahathir Mohamad and China’s Premier Li Keqiang in Beijing.

The additional palm oil purchase by China was part of the re-negotiation between Malaysia-China at at the conclusion of the revised East Coast Rail Link project.


According to industry observers, local palm oil exports to China are expected to jump by about 2.26 million tonnes in 2019 compared with 1.86 million tonnes recorded in 2018.

Under the signed MoU, an additional supply of a minimum of 1.9 million tonnes of palm oil to China over a five-year period, starting from 2019 with the volume estimated at RM4.56bil based on an average price of US$600 per tonne.




“This is a very interesting development as China imports of local palm oil has been on the downtrend in recent years.

“The average purchase price of US$600 per tonne CPO can be considered as a reasonably fair price considering the volatility in the current CPO prices,” said an industry source.

In 2018, China is Malaysia’s third largest palm oil export market at 1.86 million tonnes, after the EU at 1.91 million tonnes and India, the largest export market for Malaysia at 2.51 million tonnes.

Together with Pakistan, the Philippines, Turkey and the US, the top seven markets accounted for 9.31 million tonnes or 56.5% of Malaysia’s total palm oil exports in 2018.

Malaysia’s annual palm oil export volume to China shrank to below three million tonnes after 2015.

The volume was at 3.76 million tonnes in 2011, which was more than Indonesia’s 2.04 million to China.

But since 2015, Indonesia has overtaken Malaysia in terms of export volume of palm oil to China, with the former’s exceeding three million tonnes, while Malaysia’s dropped to 2.44 million tonnes.

On whether China’s additional purchase of local palm oil will to ease the current high inventory situation, an analyst with a local bank-backed brokerage said “I don’t foresee this will help to reduce the bloating global palm oil stocks situation (Malaysia and Indonesia) nor will it help to boost CPO prices higher to trade above RM2,400 per tonne level.”

News of China increasing its palm oil purchases from Malaysia is also not reflected in the trading of CPO futures for June, which ended RM13 lower at RM2,157 per tonne yesterday.

According to the analyst, the current palm oil stocks is currently still too high.

Malaysia’s palm oil inventory alone stood at 2.92 million tonnes as at end-March, while Indonesia is estimated at about 5 million tonnes.

“While the China (purchasing) factor is positive for CPO prices, there will not be a dramatic jump in prices simply because the global palm oil stockpile situation,” he added.

Another potential market-moving factor is on the news that China will invest about RM2bil to set up a biofuel plant in Malaysia.

“This move will likely help to reduce Malaysia palm oil stock in the near future given the ample supply of raw material for the biofuel plant here.”

Read more at https://www.thestar.com.my/business/business-news/2019/04/26/malaysia-set-to-sell-more-palm-oil-to-china/#MB7va1qLEF2qcK6I.99

Posted by 129055444514385 > 2019-04-26 21:11 | Report Abuse

different analysts...different opinions.... but for plantation stocks, you can hardly find the current share price is below net assets per share like boustead plantation e.g. sime plantation, ioi, etc. Period!

Posted by 129055444514385 > 2019-04-26 21:51 | Report Abuse

Fgv fell to 60sen+ but now doubled in price. Boustead plantation just started recovering:)

52 Weeks Range: 0.655 - 1.39

Posted by 129055444514385 > 2019-04-26 22:04 | Report Abuse

Govt will help the army after helping fgv, performance is expected to improve with extra scrutiny, help, etc. LEMBAGA TABUNG ANGKATAN TENTERA 24-Jul-2018 Acquired 111,100 0.000 View Detail
LEMBAGA TABUNG ANGKATAN TENTERA 05-Jun-2018 Acquired 70,000 0.000 View Detail
LEMBAGA TABUNG ANGKATAN TENTERA 04-Jun-2018 Acquired 215,000 0.000 View Detail
BOUSTEAD HOLDINGS BERHAD 02-May-2018 Others 367,467,400 0.000 View Detail
LEMBAGA TABUNG ANGKATAN TENTERA 02-May-2018 Others 77,306,600 0.000 View Detail
LEMBAGA TABUNG ANGKATAN TENTERA 09-Mar-2017 Acquired 20,000 0.000 View Detail
LEMBAGA TABUNG ANGKATAN TENTERA 08-Mar-2017 Acquired 40,000 0.000 View Detail
LEMBAGA TABUNG ANGKATAN TENTERA 07-Mar-2017 Acquired 50,000 0.000 View Detail
LEMBAGA TABUNG ANGKATAN TENTERA 06-Mar-2017 Acquired 50,000 0.000 View Detail
LEMBAGA TABUNG ANGKATAN TENTERA 03-Mar-2017 Acquired 80,000 0.000 View Detail
LEMBAGA TABUNG ANGKATAN TENTERA 02-Mar-2017 Acquired 80,000 0.000 View Detail
LEMBAGA TABUNG ANGKATAN TENTERA 01-Mar-2017 Acquired 80,000 0.000 View Detail
LEMBAGA TABUNG ANGKATAN TENTERA 28-Feb-2017 Acquired 80,000 0.000 View Detail
LEMBAGA TABUNG ANGKATAN TENTERA 27-Feb-2017 Acquired 80,000 0.000 View Detail
LEMBAGA TABUNG ANGKATAN TENTERA 24-Feb-2017 Acquired 230,000 0.000 View Detail
LEMBAGA TABUNG ANGKATAN TENTERA 23-Feb-2017 Acquired 100,000 0.000 View Detail
LEMBAGA TABUNG ANGKATAN TENTERA 22-Feb-2017 Acquired 100,000 0.000 View Detail
LEMBAGA TABUNG ANGKATAN TENTERA 30-Dec-2016 Acquired 823,900 0.000 View Detail
LEMBAGA TABUNG ANGKATAN TENTERA 18-Jan-2016 Acquired 87,500 0.000 View Detail
LEMBAGA TABUNG ANGKATAN TENTERA 15-Jan-2016 Acquired 57,100 0.000 View Detail
LEMBAGA TABUNG ANGKATAN TENTERA 14-Jan-2016 Acquired 5,000 0.000 View Detail
LEMBAGA TABUNG ANGKATAN TENTERA 13-Jan-2016 Acquired 113,000 0.000 View Detail
LEMBAGA TABUNG ANGKATAN TENTERA 12-Jan-2016 Acquired 108,500 0.000 View Detail
LEMBAGA TABUNG ANGKATAN TENTERA 11-Jan-2016 Acquired 133,000 0.000 View Detail
LEMBAGA TABUNG ANGKATAN TENTERA 07-Jan-2016 Acquired 1,109,600 0.000

Posted by 129055444514385 > 2019-04-26 23:52 | Report Abuse

BPLANT Vs FGV, Bplant is just started to recover unlike fgv.......... govt would only protect retirement funds for army, not just felda settlers :)

BPLANT Financial Information
Market Capital (RM)
: 1.814b
Number of Share
: 2.240b
EPS (cent)
: -2.31 *
P/E Ratio
: -
ROE (%)
: -1.91
Dividend (cent)
: 19.500 ^
Dividend Yield (%)
: 24.07
Dividend Policy (%)
: 0
NTA (RM)
: 1.210
Par Value (RM)
: 0.500

* Calculated based on the net profit of the trailing twelve months and latest number of shares issued.
^ Total dividend amount declared for financial year ended 2017-12-31.

FGV Financial Information
Market Capital (RM)
: 4.706b
Number of Share
: 3.648b
EPS (cent)
: -29.60 *
P/E Ratio
: -
ROE (%)
: -24.26
Dividend (cent)
: 5.000 ^
Dividend Yield (%)
: 3.88
Dividend Policy (%)
: 50 Details
NTA (RM)
: 1.220
Par Value (RM)
: 1.000

* Calculated based on the net profit of the trailing twelve months and latest number of shares issued.
^ Total dividend amount declared for financial year ended 2017-12-31.

Posted by 129055444514385 > 2019-04-26 23:54 | Report Abuse

Technical analysis also siding BPlant. sudah rebound above 78sen.. haha

Boustead Plantation crossed the RM0.78 level in its latest session. With a healthy RSI level, a bullish bias may be present above this mark with a target price of RM0.825, followed by RM0.88. Meanwhile, it may continue moving sideways if it falls back below the RM0.78 mark in the near term. In this case, the immediate support is anticipated at RM0.715, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy on further rebound above RM0.78

Target: RM0.825, RM0.88 (time frame: 3-6 weeks)

Exit: RM0.715

Source: AmInvest Research - 7 Jan 2019

Posted by 129055444514385 > 2019-04-26 23:56 | Report Abuse

Potential to receive claims of RM37.2mil from SPSetia too :)

Boustead Plantations Bhd has filed a legal case for RM37.2 mln in claims from a unit of S P Setia Bhd in relation to a refund under the goods and services tax (GST). Acting as the group's trustee, CIMB Islamic Trustees Bhd had filed the claim against Setia Fontaines Sdn Bhd for alleged breach of a sales and purchase agreement (SPA).
The group is claiming damages totalling RM37.2 mln of GST that was chargeable on the land it sold to Setia Fontaines on 22th December 2016, as well as 8.0% interest per annum. (The Edge Daily)

Posted by 129055444514385 > 2019-04-27 00:07 | Report Abuse

great opportunity for improvement too

2018 2017 2016 2015 2014
Planted area in hectares (ha)
Past prime 26,438 14,569 12,234 13,138 13,464
Prime 29,750 32,363 33,199 33,533 38,436
Young 12,480 12,179 11,964 12,387 12,636
Total mature 68,668 59,111 57,397 59,058 64,536
Immature 6,364 5,876 7,071 6,622 6,042
Total planted 75,032 64,987 64,468 65,680 70,578
FFB crop metric tonnes (MT) 966,134 973,513 908,576 1,037,163 1,036,582
FFB yield (MT/ha) 14.9 16.7 15.6 17.6 16.2
Oil yield (MT/ha) 3.2 3.5 3.4 3.9 3.5
Mill production (MT)
FFB processed 1,000,367 1,080,390 1,011,778 1,119,737 1,134,707
Crude palm oil 211,847 226,843 217,561 245,120 247,198
Palm kernel 43,601 46,896 44,035 51,444 51,533
Extraction rate (%)
Crude palm oil 21.2 21.0 21.5 21.9 21.8
Palm kernel 4.4 4.3 4.4 4.6 4.5
Average selling price (RM/MT)
FFB 426 610 598 458 511
Crude palm oil 2,261 2,810 2,584 2,148 2,401
Palm kernel 1,780 2,505 2,460 1,533 1,679
G

Posted by 129055444514385 > 2019-04-27 00:09 | Report Abuse

Based on AR 2018.... impressive!

30 LARGEST SHAREHOLDERS
Name of shareholders No. of shares %
1 BOUSTEAD HOLDINGS BERHAD 1,286,135,900 57.42
ACCOUNT NON-TRADING
2 LEMBAGA TABUNG ANGKATAN TENTERA 270,969,200 12.10
3 CITIGROUP NOMINEES (TEMPATAN) SDN BHD 106,661,090 4.76
EMPLOYEES PROVIDENT FUND BOARD
4 URUSHARTA JAMAAH SDN BHD 75,389,100 3.37
5 CIMSEC NOMINEES (TEMPATAN) SDN BHD 30,840,000 1.38
CIMB BANK FOR CHE LODIN BIN WOK KAMARUDDIN (MY1862)
6 CITIGROUP NOMINEES (TEMPATAN) SDN BHD 28,908,560 1.29
EXEMPT AN FOR AIA BHD.
7 LEMBAGA KEMAJUAN TANAH PERSEKUTUAN 12,348,000 0.55
8 LTG DEVELOPMENT SDN BHD 7,700,000 0.34
9 CIMSEC NOMINEES (TEMPATAN) SDN BHD 5,835,520 0.26
CIMB BANK FOR CHE LODIN BIN WOK KAMARUDDIN (PBCL-0G0052)
10 AFFIN HWANG NOMINEES (TEMPATAN) SDN. BHD. 3,594,360 0.16
YAYASAN WARISAN PERAJURIT
11 MOHD NASRI BIN ABDUL RAHIM 3,342,600 0.15
12 CITIGROUP NOMINEES (ASING) SDN BHD 3,337,499 0.15
CBNY FOR DFA EMERGING MARKETS SMALL CAP SERIES
13 YEO ANN SECK 3,300,000 0.15
14 KEY DEVELOPMENT SDN.BERHAD 3,248,000 0.15
15 CHINCHOO INVESTMENT SDN.BERHAD 3,137,400 0.14
16 MAYBANK NOMINEES (TEMPATAN) SDN BHD 3,130,820 0.14
AMANAHRAYA INVESTMENT MANAGEMENT SDN BHD
FOR MAJLIS AGAMA ISLAM NEGERI SEMBILAN (C417-260272)
17 CITIGROUP NOMINEES (ASING) SDN BHD 3,092,200 0.14
CBNY FOR DIMENSIONAL EMERGING MARKETS VALUE FUND
18 CITIGROUP NOMINEES (ASING) SDN BHD 2,995,800 0.13
CBNY FOR EMERGING MARKET CORE EQUITY PORTFOLIO
DFA INVESTMENT DIMENSIONS GROUP INC
19 PALMHEAD HOLDINGS SDN. BHD. 2,800,000 0.13
20 GAN TENG SIEW REALTY SDN.BERHAD 2,555,420 0.11
21 LIM LEE LEE 2,278,920 0.10
22 AZZAT BIN KAMALUDIN 2,250,000 0.10
23 C.L. YAP DAN KELUARGA SDN. BERHAD 2,240,000 0.10
24 MEGAT ABDUL RAHMAN BIN MEGAT AHMAD 2,226,000 0.10
25 AFFIN HWANG NOMINEES (TEMPATAN) SDN. BHD. 2,184,000 0.10
PLEDGED SECURITIES ACCOUNT FOR MOHD GHAZALI BIN CHE MAT
26 MAYBANK NOMINEES (TEMPATAN) SDN BHD 2,116,400 0.09
MOHD ISKANDAR LAU BIN ABDULLAH
27 HONG LEONG ASSURANCE BERHAD 1,994,540 0.09
AS BENEFICIAL OWNER (LIFE PAR)
28 CIMSEC NOMINEES (TEMPATAN) SDN BHD 1,880,000 0.08
CIMB BANK FOR DATO’ CHE LODIN BIN WOK KAMARUDDIN (MM0197)
29 HSBC NOMINEES (ASING) SDN BHD 1,874,700 0.08
JPMCB NA FOR EMERGING MARKETS SMALL CAPITALIZATION
EQUITY INDEX NONLENDABLE FUND
30 PHANG SIEW SYEN 1,845,200 0.08
TOTAL 1,880,211,229 83.94

Posted by 129055444514385 > 2019-04-27 00:45 | Report Abuse

BPlant has been added to FBM Mid 70 Index as reported in DEc 2018 :)

http://www.bousteadplantations.com.my/newsreport/2018/STARBIZ_071218.html

Posted by Yippy68 > 2019-04-27 09:48 | Report Abuse

well said , @xxxx4385.

Posted by 129055444514385 > 2019-04-27 09:51 | Report Abuse

Expecting higher dividend this year as palm oil price has recovered a lot from last year's trough. BPlant paid 7sen per share last year even facing a deficit of RM51mil.

FINANCIAL PERFORMANCE
The Group posted a deficit of RM51 million for the year under review. This was primarily as a result of significantly lower palm product prices which impacted our bottom line. High start-up expenses for the acquisition of 11,579 hectares of land in Sabah and the rehabilitation and improvements for these estates also contributed to the deficit.
Revenue for the year was RM584 million. Market capitalisation stood at RM1.7 billion as at 31 December 2018 and net assets per share came in at RM1.21.

DIVIDEND
Whatever challenges come our way, enhancing value for our shareholders is always a top priority for the Group.
Testament to this, dividend paid for the year was 7 sen per share, reflecting a 9.3% yield based on the closing stock price for the financial year ended 31 December 2018.

Posted by 129055444514385 > 2019-04-27 10:49 | Report Abuse

surely rebound this year :) This is not FGV with so many political baggages, mismanagement, fraud, etc...

OUTLOOK
While 2018 was indeed challenging, the Group is positive on the prospects for 2019, particularly with the CPO market expected to see some recovery in the first half of the year as we enter into the low crop production season and anticipate improved demand from both food and non-food sectors. Although palm oil inventories remain high currently, the biodiesel mandates of Malaysia and Indonesia will help to trim this down to more manageable levels.
In addition, the Indian government’s move to reduce import duties on crude and refined palm oil should further support a recovery in CPO prices. Increased demand from China is also expected to shore up CPO prices.
The Group will place emphasis on increasing overall productivity and focus on cost optimisation to improve our margins going forward.
The Pertama Estates and the proposed acquisition of more than 4,000 ha of adjacent strategically located prime plantation lands with a 75 tonnes per hour palm oil mill will result in a business complex covering over 17,000 ha. This will result in huge cost savings from economies of scale and enhanced operational efficiencies. The proposed acquisition involving a commitment of RM357 million is on track for completion by the first half of 2019.


The Pertama Estates will focus on implementing good agronomic and best management practices as well as the commencement of replanting programme using high yielding oil palm planting materials from 2020 onwards. With these measures in place, we are confident that the Pertama business complex will contribute significantly to the Group’s profitability.
We are conscious that some land may have high development potential and as such, we will monetise these assets at an opportune time. To this end, we are set to dispose of 139 ha of the Malakoff Estate located in Seberang Perai Utara, Pulau Pinang and expect to realise a total estimated gain of RM120 million upon completion of the proposed disposal by the first quarter of 2019.
Planned capital expenditure for 2019 is in the region of RM79 million. We have allocated RM17 million for the installation of dust particulate reduction systems in eight palm oil mills, in compliance with Environment Quality (Clean Air) Regulations 2014. Apart from this, we will invest RM4 million in the Pertama Estates, largely for the construction of workers’ quarters and two schools.
In addition to this, RM56 million will be invested into replanting efforts targeting over 7,200 ha in 2019.
Looking ahead, the Group is well-prepared to tap on new opportunities on the horizon. As we leverage on our strengths to move forward, we are steadfast in our commitment to ensuring the sustainable long-term growth of the Group.

CHOW KOK CHOy Chief Executive Officer
11 March 2019

Posted by 129055444514385 > 2019-04-27 10:52 | Report Abuse

lastly, fgv had doubled in price from its 52-week low... but bplant has only started its price recovery and the current share price is much lower than its net assets per share with much lower risk as well compared to fgv............ In short, higher return and lower risk for blant than fgv. also, bplant is a FBM mid 70 index stock unlike fgv. FGV is no longer any index stock. Period!

Posted by 129055444514385 > 2019-04-27 10:56 | Report Abuse

Prices and volumes traded have started accelerating rapidly recently :)

Date Open Range Close Change Volume
26/04/2019 0.82 0.81 - 0.83 0.81 +0.015 (1.89%) 2,181,100
25/04/2019 0.805 0.795 - 0.82 0.795 -0.005 (0.62%) 1,530,700
24/04/2019 0.795 0.785 - 0.81 0.80 +0.01 (1.27%) 1,966,200
23/04/2019 0.80 0.775 - 0.805 0.79 +0.015 (1.94%) 919,300
22/04/2019 0.78 0.775 - 0.805 0.775 -0.005 (0.64%) 578,000
19/04/2019 0.78 0.78 - 0.79 0.78 0.00 (0.00%) 240,700
18/04/2019 0.78 0.77 - 0.78 0.78 0.00 (0.00%) 253,600
17/04/2019 0.78 0.77 - 0.79 0.78 +0.005 (0.65%) 343,600
16/04/2019 0.79 0.77 - 0.80 0.775 -0.02 (2.52%) 775,700
15/04/2019 0.80 0.79 - 0.80 0.795 -0.005 (0.62%) 372,100
12/04/2019 0.815 0.80 - 0.82 0.80 -0.015 (1.84%) 687,500
11/04/2019 0.825 0.81 - 0.825 0.815 -0.01 (1.21%) 780,900
10/04/2019 0.82 0.82 - 0.835 0.825 +0.01 (1.23%) 656,200


KLSE: BPLANT BOUSTEAD PLANTATIONS BHD
Last Price Avg Target Price Upside/Downside Price Call
0.81 1.78 +0.97 (119.75%)
* Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months.
** Price Targets are adjusted for Bonus Issue, Shares Split & Shares Consolidation (where applicable).

Posted by nkk53 > 2019-04-27 12:43 | Report Abuse

Wait and see

Posted by 129055444514385 > 2019-04-28 07:34 | Report Abuse

Q1, 2019 will be back to profitability... next month, results will be released :)

With ECRL, HSR, etc , the land price of its estates near to these rails is expected to be more valuable


Boustead Plantations to monetise up to RM1.2b of its estates


Boustead Plantations Bhd chief executive officer Chow Kok Choy said the group may sell select oil palm estates near suburbs. NSTP photo by ASYRAF HAMZAH
By Ayisy Yusof - April 24, 2019 @ 7:20pm
KUALA LUMPUR: Boustead Plantations Bhd expects to monetise its selected oil palm estates with a valuation between RM1 billion and RM1.2 billion in the next three to four years.

Chief executive officer Chow Kok Choy said the company could dispose lands that are nearer to towns with the potential for property developments.

“With this monetisation, we can pare down our current borrowings amounting to RM1.4 billion or gearing ratio of 0.5 times to 0.2 times by 2022,” Chow said after Boustead Plantations’ annual general meeting here today.

The group recently completed the disposal of 139 hectares of plantation land with high development potential in Seberang Prai Utara, Pulau Pinang, which will boost its earnings with estimated gains of RM120 million.


Chow said the overall group’s fresh fruit bunch (FFB) production currently stands at 1.0 million tonne annually, leveraging on its 93,000ha of oil palm estates locally.

“However, we aim to reach about 100,000ha of oil palm plantations in the future. We need the estate size to remain competitive and relevant in this industry,” he added.

He said the company’s land bank expansion was in tandem with its goals to improve productivity and yields.

On average, Boustead Plantations’ incurred about RM1,664 production cost per tonne last year.

Chow expects crude palm oil (CPO) to be conservatively priced between RM2,200 and RM2,300 per tonne this year.

“CPO prices are projected to recover in the next few months as we enter into the low crop production season.

“This will further supported by the reduction in palm oil stocks, driven by biodiesel mandates for Malaysia and Indonesia, lower import duties on crude and refined palm oil by India and increasing demand from China,” he said.

The projection is also based on potential outcome of the US-China trade war dispute that could impede the consumption of soybean oil from China. CPO has correlation with the soybean for the vegetable oil market.

Chow said the EU’s plan to ban palm oil-based biodiesel by 2030 could hamper demand in the region and affect the prices.

He said the group would comply with the EU’s requirement standard for the Roundtable on Sustainable Palm Oil (RSPO) certification by 2022.

Boustead Plantations posted a net loss of RM51.78 million in the year ended December 31, 2018 (FY18), compared with a net profit of RM620.17 million a year ago, while revenue dropped 23.2 per cent to RM584.01 million from RM760.10 million.

Posted by 129055444514385 > 2019-04-28 07:38 | Report Abuse

good news for planters from now onwards

China’s jump in demand for green fuel seen boosting palm oil
PLANTATIONS
Friday, 29 Mar 2019


SINGAPORE/KUALA LUMPUR: A surge in demand for biofuel in China and in Europe -- despite controversial new rules in the bloc that may limit sales -- is proving a bright spot for palm oil, which has been plagued by mounting stockpiles in Malaysia.

Shipments of palm methyl ester, a kind of biodiesel made from palm oil, climbed from Southeast Asia in the first quarter as Malaysian exports improved, according to consultancy PRIMA.

The main reason is the widening gap between the price of Brent crude, which has jumped 27 percent in the first three months, and palm oil, which is little changed.

“China started buying, and the flows are seen to be healthy in the next several months,” though they still depend on gasoil prices, said PRIMA’s Singapore-based analyst Heather Zhang.


“The arbitrage opened in February with the plunging prices, which makes palm more attractive to European buyers versus other feedstock such as waste-based biodiesel.”

The increase in shipments is a rare bright spot for growers in Malaysia and Indonesia, who saw palm prices slide more than 8 percent in the past two months amid concerns over the size of inventories and lackluster demand. Benchmark futures in Kuala Lumpur traded at 2,107 ringgit a ton on Friday.

The decline obliterated gains made in January, and also came as the European Union moved to cap the amount of palm-based biofuel that can be counted toward its renewable-energy goals.

Farmers have lambasted the proposal, while Indonesia and Malaysia governments have threatened to retaliate.

Enticing Arb

Shipments of palm methyl ester from Malaysia and Indonesia to Europe probably climbed more than 30 percent to 145,000 metric tons in the first quarter, Zhang said, citing her analysis and discussions with industry executives.

The export flow out of Malaysia alone could reach 100,000 tons this month, including shipments to the EU and China, she said.

Palm’s discount to gasoil, or diesel, reached about $106 a ton on March 14, the widest since November, and was at $91 Friday, according to data compiled by Bloomberg. That compares with an average discount of about $66 over 2018.

The gap needs to widen to $120 for buyers in some other markets to purchase more, according to Sathia Varqa, owner of Palm Oil Analytics in Singapore.

China’s PME imports grew almost 50-fold to 751,056 tons last year, thanks to the low prices, Chinese customs data show.

The country has pledged to increase its use of alternative energy, including solar power and biofuel, to cut fossil fuel emissions. At least five cargoes have been booked to ship 30,000 to 50,000 tons of PME to China for March-May delivery, according to PRIMA.

Chinese buyers want to purchase more biodiesel for May and June delivery, but they’re facing difficulties because Indonesia’s plant capacity is being fully used, according to Rajesh Modi, a trader at Sprint Exim Pte.

Indonesian facilities are fully committed because the country increased mandates that require more palm-based biodiesel in its fuel mix.- Bloomberg

Read more at https://www.thestar.com.my/business/business-news/2019/03/29/chinas-jump-in-demand-for-green-fuel-seen-boosting-palm-oil/#62aOfoOVI8szD257.99