beso i agree. That is why i say now is opportunity to dump Bplant back to Boustead! Teach them a lesson! I bought 1.62 and dump it back to them at 1.60. Lose 2 sen, but worth teaching them a lesson :-)
Guys, CPO is heavily depend on the EL Noni effect, which is not sure going to happen or not. In fact, even El Nino happen, how much is the impact to bring up the CPO price, which we are not sure. To me, 1.60 is too costly to buy Bplant , which their earning is low, and the palm tree is mature and old. Just a piece of advise, sell Bplant out to Affin while still can. Lose some water money is OK. As long as we know cut lose to save our capital. There are a lot of good counters , which I see Oil & Gas counter going to perform again....
"Boustead Plantations currently produces about one million tonnes of FFB annually within a total planted area of 71,000ha." At the current rate of RM2346 per tonne that RM2.346 billion per annum. yes?
Tmakmur owners push up tmakmur on IPO to tell everybody it is great company Bplant owners push down bplant on IPO.... to tell everybody it is lousy company
look at ICON drop 6sen (3%) today when stabilising manager gone. better sell BPLANT today at 1.58 while you can. Cos next week stabilising manager Affin is gone and Bplant sure drop one. Sell now before too late.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
correction
8 posts
Posted by correction > 2014-07-11 15:25 | Report Abuse
End of the month it will drop like crazy, just like AAX. I wish you all the best who is still holding the stock.