Posted by SuperPanda > 2020-05-28 09:22 | Report Abuse

Add 34.5 again

Posted by Asia88 > 2020-05-28 10:08 | Report Abuse

Superpanda : Don't bet on this stock. Might have impairment again this year.

Posted by SuperPanda > 2020-05-28 10:55 | Report Abuse

im not betting on the stock, im betting on the sector, out of the rest of plantation which traded >50c and compare to rsawit, id prefer this one

for >rm1, im buying mkh

Posted by Asia88 > 2020-05-28 11:30 | Report Abuse

Well, plantation sector is bullish. But don't forget that Bplant have a land in Sabah which is not performing well which led in impairment in previous quarter. If they can't improve the productivity in the land, i think the carrying amount will be lesser than fair value of the land which will led to another round of impairment under FRS 136.

Posted by Asia88 > 2020-05-28 11:42 | Report Abuse

Don't forget this company is doing upstream business which is heavily relying on the CPO and PK price. Q1 might be good but quarter 2 CPO price is below 2.5k.

Posted by SuperPanda > 2020-05-28 12:52 | Report Abuse

i had gone through most the plantation rpt including the latest release of others and aware of it

i trade with cautious and only buy for the amount im willing to lose

Posted by SuperPanda > 2020-05-28 12:53 | Report Abuse

but im confident i can make money out of this in 3 mths time

Posted by Asia88 > 2020-05-28 13:51 | Report Abuse

Good luck.

Posted by hoowk77 > 2020-05-28 20:13 | Report Abuse

Share price is super low..will put in more money. 0.80 was offered to B holdings

Posted by NESARAJAH1 > 2020-05-28 22:08 | Report Abuse

Yeah sure worth buy. Premium of 27%

Posted by SuperPanda > 2020-05-29 07:54 | Report Abuse

if Bousted H strong rally this morning, this stock might run a bit too, at least stay at 35

Posted by lextcs > 2020-05-29 08:51 | Report Abuse

next to take private at 53c? base on nta valuation of bstead 43%@ 1.85

Posted by Jerry Yip > 2020-05-29 08:54 | Report Abuse

buy

Posted by SuperPanda > 2020-05-29 09:00 | Report Abuse

today vol and price movement will be interesting, 40c also not impossible

Posted by SuperPanda > 2020-05-29 09:17 | Report Abuse

12m vol within 15min open, prev month high 57m, if by noon can hit 35m, uptrend is confirm till early next week

Posted by ahhmadd76 > 2020-05-29 09:25 | Report Abuse

naik lg pulak. sudah jual dekat 0.35

Posted by SuperPanda > 2020-05-29 09:37 | Report Abuse

31m in 35min ! more than double than the first 15min, today will break new record vol

hold on

Posted by EngineeringProfit > 2020-05-29 09:40 | Report Abuse

HUUUUUUUUUUUUAAAAAAAAAAAAAAAAAAT AAAAAAAAAAAAARRRRRRRRRRRRRRR

Posted by Mar2083 > 2020-05-29 09:45 | Report Abuse

Sold at 38. Haut ar

Posted by LikeAstar > 2020-05-29 09:48 | Report Abuse

SuperPanda, what price to sell?

Posted by Jerry Yip > 2020-05-29 09:49 | Report Abuse

huat

Posted by SuperPanda > 2020-05-29 10:02 | Report Abuse

LikeAstar, if based on the vol surge today, its worth to keep till vol down

pros to keep:
- CPO n PK price still good
- Dividen paid awesome
- price at historic lows

cons to sell:
- price up due to its parent private news (wont last)
- coming rpt 50:50 profit/loss

for me, i would like to keep but if you want to be safe, can sell half and keep half

Posted by sharewiz118 > 2020-05-29 11:33 | Report Abuse

certainly it's going uptrend

Posted by Rinshad26 > 2020-05-29 12:11 | Report Abuse

good moving

Posted by Asia88 > 2020-05-29 12:12 | Report Abuse

CPO n PK price still good < you can refer to past quarter. Can bplant earn profit when CPO price is below RM2,300 (quarter 1 average based on MPOB website)
Dividend paid awesome : If lose money how to pay dividend. Last year dividend is one of gain on the disposal of land.
Price at historic low : It is not the lowest.

Posted by SuperPanda > 2020-05-29 12:32 | Report Abuse

Asia88 you need to learn that market is not abt the fundamental alone, most important is the trend and sentiment

I bought 2 days ago and has sold small portion for coffee money and still sitting at 2K++ profit now

Posted by SuperPanda > 2020-05-29 12:43 | Report Abuse

btw, no need to hate a stock, it doesnt gives any good.

2 years back i bought a stock at 40c then dropping to 30c and i cut loss. then it drop lower to .17 and i never buy back bcoz think no hope to rebound

today the stock price is > rm1

Posted by Jerry Yip > 2020-05-29 14:10 | Report Abuse

buy more

Posted by sharewiz118 > 2020-05-29 14:52 | Report Abuse

Highest green pole in 12 months

Posted by Asia88 > 2020-05-29 16:29 | Report Abuse

SuperPanda: congratz. I just have different view based on fundamental. But if those people who don't know how to run when shark sell. Then, they will get caught

Posted by SuperPanda > 2020-05-29 17:28 | Report Abuse

yes, good to share info so people are aware

Posted by sharewiz118 > 2020-05-30 03:46 | Report Abuse

sold all for a packet of nasi lemak and not looking back.

Posted by lck1300 > 2020-05-30 11:32 | Report Abuse

i scare they will private this stock at this low price ......
can they do this ??

Posted by Ahmadahmad88 > 2020-05-30 11:34 | Report Abuse

tak mustahil.

Posted by pamie > 2020-06-01 17:15 | Report Abuse

Erk. Drop today.

CPO price looks good. Trending up. But this counter not so.

Posted by Mar2083 > 2020-06-01 19:49 | Report Abuse

Potentially will drop further tomorrow ?

Posted by SuperPanda > 2020-06-02 12:52 | Report Abuse

follow trend will be down but if your ave just around it should be ok, i have sold half and keep half

might have another rally again as commodity price is a cycle

Posted by Diego2020 > 2020-06-02 18:26 | Report Abuse

Quarter 1 FY20,

Revenues increased by 20.5% from 134.91m to 162.7mil
Net Loss has decreased by 70% from 16.2mil to 9.55mil
Borrowings increased by 1.32% from 722.25mil to 731.8mil
Bank Balance Decreased by 53.3% from 46.02mil to 21.5mil

The Group’s operating result is influenced by both CPO prices and FFB crop production. The
cropping pattern for oil palms is influenced by weather conditions. FFB production normally starts
with a trough at the beginning of the year and thereafter increases gradually to reach a peak during
the second half of the year.

In March 2020, as part of the COVID-19 containment efforts, the Sabah State Government decided
to shutdown palm oil operations in six districts in Sabah from 25 March 2020 to 14 April 2020. The
estates and mills located in Semporna, Lahad Datu and Kinabatangan in Sabah and were operating in the affected areas are Segaria Estate, Segaria Palm Oil Mill, Sungai Segamaha Estate, Bukit
Segamaha Estate, G&G Estate, Ladang Tabung Tentera Sabah, Segamaha Palm Oil Mill, Boustead
Sungai Lokan Estate and Boustead Lokan Baru Estate. However, the shutdown has had no material
effect on the Group’s financial position, financial performance and cash flows for the quarter.

Posted by Asia88 > 2020-06-02 21:10 | Report Abuse

As put as in summary :
Q1 2020: Average CPO price 2.7k, still PBT
Q1 2019 Average CPO price 2k : LBT
Q4 2019 : Average CPO price 2.4k, LBT

Means bplant need to above 2.5k, to break even. The revenue in Bplant is simple: price (CPO price where you can monitor at MPOB) times quantity (depends on performance of the plant). If you see CPO price today, do you think Bplant can make money in quarter 2?

Maybe yes if they can increase the quantity. But presumably that plantation sector will have higher FFB in q3 and q4.

Buy at your own risk.

Posted by SuperPanda > 2020-06-02 23:19 | Report Abuse

LTAT moves might have another impact later, fundamental important but trend is more important

in bursa, TA comes first

Posted by Learner One > 2020-06-03 10:02 | Report Abuse

Can go to 40 today?

Posted by Beltland > 2020-06-03 12:53 | Report Abuse

40 cts possible within this week closing.

Posted by Plantermen > 2020-06-03 12:59 | Report Abuse

Bousteas Holdings { major shareholder of BPlant } used to trad around $5 plus. Now is only 66 sen. LTAT wants to take it private { same goes for BPlant { make sense to privates both } ×at this low valuations

Posted by Beltland > 2020-06-03 14:11 | Report Abuse

To privatize a listed company ,it needs approval from sc and majority numbers of share holders agreed in th egm .Do you think offer at low price like now which is far below the book value would
get approval from share holders ?Olden day dirty trick in which press down the price intentionally and then apply for privatization to benefit the few major share holders are gone.The listed company wanted to go privatization must compliance with privatization act which is complicated and takes long time.

Posted by Beltland > 2020-06-03 15:27 | Report Abuse

Coming !!!!!!!!!!!!

Posted by trylearn123 > 2020-06-03 15:41 | Report Abuse

gan bar teck ,0.39 gogogo

Posted by trylearn123 > 2020-06-03 15:44 | Report Abuse

yes, hit 0.39

Posted by NAZR92 > 2020-06-03 17:41 | Report Abuse

0.395 to be more accurate, yeah!

Posted by loyalok > 2020-06-03 17:56 | Report Abuse

loss due to very high tax and finance cost ,around 13 million +17 million ,still has profit from operation

Posted by Asia88 > 2020-06-03 22:35 | Report Abuse

Yea, Anyone going to attend the AGM through virtual?