BOUSTEAD PLANTATIONS BHD

KLSE (MYR): BPLANT (5254)

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16 people like this.

12,577 comment(s). Last comment by felixstella 2 months ago

Patrick13

1,971 posts

Posted by Patrick13 > 2019-09-05 10:59 | Report Abuse

Cut loss first. To relook this counter when CPO price bounce back.

Posted by saltedbarracuda > 2019-09-05 21:34 | Report Abuse

new BOD still warming the seats... biodiesel engine..???

speakup

26,829 posts

Posted by speakup > 2019-09-19 11:58 | Report Abuse

used to be my favourite dividend stock last time. lucky sold off at high price.

nkk53

1,426 posts

Posted by nkk53 > 2019-10-09 15:04 | Report Abuse

Pick up 0.63

Asia88

588 posts

Posted by Asia88 > 2019-10-10 15:51 | Report Abuse

Seem like haze really affected the production of FFB.

limkopi

102 posts

Posted by limkopi > 2019-10-11 13:55 | Report Abuse

is this share dead?

speakup

26,829 posts

Posted by speakup > 2019-10-16 22:57 | Report Abuse

last time speakup every quarter get 1k dividend from bplant

nkk53

1,426 posts

Posted by nkk53 > 2019-10-17 10:35 | Report Abuse

Wait patiently for the cpo to go higher

Vulture123

405 posts

Posted by Vulture123 > 2019-10-17 16:37 | Report Abuse

https://www.klsescreener.com/v2/news/view/591342
Dividend or Rights Issue ?

speakup

26,829 posts

Posted by speakup > 2019-10-17 16:40 | Report Abuse

means no rights issue lor

speakup

26,829 posts

Posted by speakup > 2019-10-17 16:41 | Report Abuse

also indirectly means no dividend in near future lor

Posted by AllanTingAS > 2019-10-17 21:37 | Report Abuse

Palmoil companies having difficulty time. Especially on GLC related. Next Q also foresee loss without sales of property.

limkopi

102 posts

Posted by limkopi > 2019-10-23 10:14 | Report Abuse

Wah left 0.58 now this time die liao

limkopi

102 posts

Posted by limkopi > 2019-10-24 14:26 | Report Abuse

soon 50 sen

nkk53

1,426 posts

Posted by nkk53 > 2019-10-26 08:15 | Report Abuse

Cpo up to 2300 per ton,but share price down?

79vloy

48 posts

Posted by 79vloy > 2019-10-31 17:21 | Report Abuse

terbang.. Fly fly... yahooo

nkk53

1,426 posts

Posted by nkk53 > 2019-11-04 20:40 | Report Abuse

Should move up in tandem with the rising cpo price

speakup

26,829 posts

Posted by speakup > 2019-11-06 09:29 | Report Abuse

bplant from a net cash company now become a new debt company

Asia88

588 posts

Posted by Asia88 > 2019-11-07 11:35 | Report Abuse

Q3 will be lost also. If Q4 should be gain. Be patient.

brianklc

1,624 posts

Posted by brianklc > 2019-11-07 16:01 | Report Abuse

All, do study the monthly production, map it against CPO price and exclude the one-off Q2 gain. you will kinda know how Q3 will be

Timinlcw

41 posts

Posted by Timinlcw > 2019-11-07 18:09 | Report Abuse

production increasing , CPO also increase , so Q3 will be better than Q2

brianklc

1,624 posts

Posted by brianklc > 2019-11-07 22:18 | Report Abuse

Underlying perhaps, CPO price does not increase tht much during Q3 but for sure will contribute some additional revs together with full Q impact of interest cost reduction due to OPR drop in May which offset by full Q impact of Sabah land purchase loan interest. however, without one-off gains, it will go back into reds, shld be LATMI of 20-24mil.

Asia88

588 posts

Posted by Asia88 > 2019-11-13 09:51 | Report Abuse

Timinlcw production increasing , CPO also increase , so Q3 will be better than Q2 <<
Q3 result will be lost also. CPO price increase above RM2,200 in November. So do expect a lost in the company. It will be surprise if they make money in Q3. If their bottomline is CPO price above 2k, then we can start to invest in this company.

Timinlcw

41 posts

Posted by Timinlcw > 2019-11-13 22:15 | Report Abuse

agreed , maybe got dividend one cent :)

ykloh

516 posts

Posted by ykloh > 2019-11-14 05:53 | Report Abuse

very incompetent management.
a can of worms.

Asia88

588 posts

Posted by Asia88 > 2019-11-14 09:14 | Report Abuse

Don't like that ykloh. Plantation business is cyclical business unless they diversify to downstream or other business. But i really doubt on the new land acquired by the company.

brianklc

1,624 posts

Posted by brianklc > 2019-11-20 09:12 | Report Abuse

All, invest with caution... expected Q announcement on 22 Nov. Any tailwind or headwinds would have been announced by now. Hence expect same underlying per previous quarters.

brianklc

1,624 posts

Posted by brianklc > 2019-11-21 18:01 | Report Abuse

if the price go down, u will keep quiet instead

brianklc

1,624 posts

Posted by brianklc > 2019-11-21 18:22 | Report Abuse

Q3 results out, slightly better revenue, worse than expected PAT, underpinned by higher tax charge and expenses

MCQ8018

69 posts

Posted by MCQ8018 > 2019-11-21 21:40 | Report Abuse

Although Q result - 34mil, year to date profit 28.7mil.

brianklc

1,624 posts

Posted by brianklc > 2019-11-22 00:14 | Report Abuse

Ur comments shows tht u did not follow this stock, worse, u did not read it’s quarter announcements. It’s due to one-off gains in Q2. Seems interest cost is eating up their earnings fast and furious. Now I really hoped Bplant will break even for FY20, fingers crossed.

brianklc

1,624 posts

Posted by brianklc > 2019-11-22 03:00 | Report Abuse

Your “friend” did not tell u the full story, circumstances changes, if u do the same thing, it does not guarantee the same end result. No such thing as “everyday Sunday”

Asia88

588 posts

Posted by Asia88 > 2019-11-22 09:12 | Report Abuse

Well, hope the fruits in Sabah land will help to turnaround the company.
The land purchased in Sabah really eat up the company slowly.If Q4 result is a loss, the company should consider alternative plan. The interest is eating up the company earnings.

Yippy68

1,685 posts

Posted by Yippy68 > 2019-11-22 09:41 | Report Abuse

the purchase of Sabah land is really a mistake or other reasons.....no one know......the QR is disappointing, anyway, i do made after selling those i bought at 57.. now i do hope it will dip to another 57.

TheContrarian

9,306 posts

Posted by TheContrarian > 2019-11-22 09:56 | Report Abuse

Yes, it was an overpriced mistake. I exited BPlant at around the peak and never bought back.

Yippy68

1,685 posts

Posted by Yippy68 > 2019-11-22 10:10 | Report Abuse

@ Contrarian, well done.. i too sold much of mine but not all.. i bought 500 lots at 57, it is a small bonus to me. my Bplant money mostly transfer to MBSB Bank for long term..

Asia88

588 posts

Posted by Asia88 > 2019-11-22 14:58 | Report Abuse

Seem like the market is not reacting to the latest result. Maybe is optimistic with Quarter 4 result ??hmmm

TheContrarian

9,306 posts

Posted by TheContrarian > 2019-11-22 17:37 | Report Abuse

Yippy, last month I bought into Cepat from 0.50 to 0.485, the only plantation counter I have invested in.

TheContrarian

9,306 posts

Posted by TheContrarian > 2019-11-22 17:42 | Report Abuse

Plantation counters including Bplant are up because of significant uptrend in CPO price.

Primeinvestor

1,454 posts

Posted by Primeinvestor > 2019-11-22 20:40 | Report Abuse

Too cheap to be ignored, massive laggard

TheContrarian

9,306 posts

Posted by TheContrarian > 2019-11-22 20:53 | Report Abuse

I checked my records, I sold off on 22 November 2017 at RM1.79.

TheContrarian

9,306 posts

Posted by TheContrarian > 2019-11-22 23:07 | Report Abuse

Yippy, you need to diversify, spread out your portfolio.

Primeinvestor

1,454 posts

Posted by Primeinvestor > 2019-11-24 00:37 | Report Abuse

All small cap plantation co at least had rebounded 20% from low, only bplant havent moved, watch out for next week for a big surge

TheContrarian

9,306 posts

Posted by TheContrarian > 2019-11-24 13:21 | Report Abuse

Yippy, buy into banks too. Banks here will never go under.

10bagger10

1,007 posts

Posted by 10bagger10 > 2019-11-24 14:39 | Report Abuse

Thecontra sifu, any bank stock can intro?

TheContrarian

9,306 posts

Posted by TheContrarian > 2019-11-24 15:26 | Report Abuse

I still feel Affin has greatest upside because it is so cheap now. A merger exercise will unlock its value. I don't buy for dividend or for safe reason, I buy laggards with huge upside potential. If LTAT were to give up control of Affin it wouldn't go on the cheap.

10bagger10

1,007 posts

Posted by 10bagger10 > 2019-11-24 15:30 | Report Abuse

Thank you sifu. Nice to hear that coz i already buy.

TheContrarian

9,306 posts

Posted by TheContrarian > 2019-11-24 17:31 | Report Abuse

BPlant still have good land on Peninsular Malaysia to unlock. Their mistake was to buy that piece of Sabah land from Dutaland. Do you know that land was offered to my client many years ago and we did an air survey and found the area underplanted. That's why I sold off my BPlant after the Sabah acquisition.

TheContrarian

9,306 posts

Posted by TheContrarian > 2019-11-24 20:18 | Report Abuse

Please don't call me sir, I am much younger than you. I still not able to withdraw my EPF, so I don't have a big position like you. I know you were in the top 30, I think you were in the top 10. The Sabah land would be hard to get rid of, no one wanted it for decades. It was surprising that BPlant bought it, management judgement was really bad. And probably they didn't do a proper diligence audit like IOI did many years earlier which they withdrew from the acquisition.

lck1300

459 posts

Posted by lck1300 > 2019-11-25 10:31 | Report Abuse

Im so sad i sell when result out , this market already gila

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