Actually better performance in last 2 qtr contributed mainly by impairment of assets in Q4 last FY. Else the depreciation charge would have eat up mostly, if not all the profit. Anyway, tomorrow RM0.50?
For the second quarter of 2020, the Group recorded an unaudited pre-tax profit of RM4.8 million as compared with losses of RM35.3 million for the corresponding quarter last year
there are so many billionaires, I think who would not mind to pay RM1.20 or much higher for BPLANT, their asset is land, scarce, and can create value, but I doubt BPLANT/LTAT would agree to sell, they might want to privatise it, cash is no longer king, I think land is the new king
Boustead Holding has a) Affin b) Boustead Plant c) BHP&Others( private) d) Boustead Heavy Industies in thier portfolio.@ Rm0.80/share. ONLY Affin Bank and BPlant looks to be WORTH the TAKE OVER of B.Holdings. SO ..... ASSET STRIP !!! ( If thats the CASE ..... B.Plant may Move up pretty fast )
Please refer today Sin Chew Daily 31/08/20, Fortune Investment Weekly artical from page 07,"share sea fishing month" strongly recommend to watch and monitor one of the severely undervalue counter " BPLANT,stock code 5254"
Tomorrow will move up beyond 0.40 and try to keep for long term until it reach to 1.00 The next quarter report will hit to historical record due to CPO price has reached above 2,800/ per metric tan Don't give up ,hold tide till you reach your destination " Don't worry! Be Happy !" Wishing you all the best! Good health and good wealth
Soya Prices are Up and looking STRONG. Indai and CHINA will now resort to Palm Oil. Expecting a strong demand. Hopefully Plantations will benefit. ( Analysis .... Go $%$%#%$#@$ )
Posted by abcb > Aug 31, 2020 1:06 PM | Report Abuse
Tomorrow will move up beyond 0.40 and try to keep for long term until it reach to 1.00 The next quarter report will hit to historical record due to CPO price has reached above 2,800/ per metric tan Don't give up ,hold tide till you reach your destination
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....
johoran
368 posts
Posted by johoran > 2020-08-17 18:47 | Report Abuse
Bplant
Q2vs Q1, PBT ? m vs 1.28 m
Production
FFB 270383, 209856 up 28%
Price
CPO ? , 2793 down 11%
Q2 profit should be around 5-15m
EPS = 1 sen
IF PE 20 = 4sen x 20=RM 0.80