BOUSTEAD PLANTATIONS BHD

KLSE (MYR): BPLANT (5254)

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16 people like this.

12,578 comment(s). Last comment by newlyblaze 2 months ago

Chua Zhi En

1,103 posts

Posted by Chua Zhi En > 2014-08-07 12:24 | Report Abuse

cheeseburger , how many? im new. thanks

Posted by Azra Alhafidz Azmi > 2014-08-07 12:55 | Report Abuse

Is it a right time to sell or hold?

time2go

32 posts

Posted by time2go > 2014-08-07 13:16 | Report Abuse

baru naik 6% dah nak jual?

ferdtwh

760 posts

Posted by ferdtwh > 2014-08-07 13:36 | Report Abuse

ioi, sime darby, etc developed part of their lands from palm oil to properties

kkng0819kk

1,566 posts

Posted by kkng0819kk > 2014-08-07 17:21 | Report Abuse

Ingat mau beli

speakup

27,298 posts

Posted by speakup > 2014-08-07 17:27 | Report Abuse

Maybank target 2.16.
Now only 1.70. Still can buy.

Joel

4,580 posts

Posted by Joel > 2014-08-07 20:19 | Report Abuse

Really worth to collect BPLANT !
I keep 10 lots in hand. my treasure stock !

Boustead Plantations@ realised net asset value (RNAV) of RM3.08 a share.

1. It is one of largest listed oil palm planters in Malaysia with 71,000 ha of oil palm planted area spread across Peninsular Malaysia (38%), Sabah (37%) and Sarawak (25%).
1.1The average tree age profile of about 14-years and its estate performance (ex-Sarawak) is on
par with national average.

2. Maybank IB Research said Boustead Plantations had 11,000ha of strategic estates in Selangor,
Johor, Penang, Kedah and Perak that were ripe for property development.
2.1Estimate that these landshave a market value of MYR2.96b, which exceeds Boustead
Plantations’s market capitalisation of about RM2.5bil.
2.2 Investors are getting its plantation estates for free.

3. Boustead Plantations plans to increase its planted area by 20,000ha (+28%) in five years, backed
by its estimated low net gearing of 11% post listing.
3.1 Even without new acquisitions or estate divestments,
estimate BPLANT will enjoy 32% core net profit CAGR over 2013-2016.

4. BPLANT was trading at an attractive enterprise value per planted ha of RM41,000 even without
adjusting for its property development potential.

5. Maybank IB estimate RNAV@ RM3.08 a share but TP at RM2.16 a share by
attaching a 50% discount to its land value.

AliAbu

134 posts

Posted by AliAbu > 2014-08-07 21:40 | Report Abuse

I got little little only on this counter. also dreaming for tp 2.16

tjhldg

27,218 posts

Posted by tjhldg > 2014-08-08 01:29 | Report Abuse

:)

wesleysu

46 posts

Posted by wesleysu > 2014-08-08 03:37 | Report Abuse

寶實得種植, BPLANT,5254,稳价机制结束不跌反升?
寶實得種植股价是否是回抽方式吸引抄底的跟风盘?

艾芬投行从6月26日至7月25日,以介于1.58令吉至1.60令吉的价格,购入了莫实得种植3834万5100股,为该股护盘。
2014年7月25日,最后一笔交易,是以每股1.60令吉完成。
艾芬投行也执行了超额配售选择权(over-allotment option),卖出莫实得种植2565万4900股股票。
艾芬投行会把在价格稳定机制下购得的股票及售股所得资金,全数归还给莫实得种植。

寶實得種植并没有在护盘结束后猛跌。
2014年8月7日,上扬7sen或4.2%,闭市RM1.70,盘中一度创RM1.72.

2014年8月6日,马投资银行给与“买进”评级,目标价RM2.16.

每股重估凈資產值為3.08令吉,但目前只以半數的每股重估凈資產值(即1.60令吉左右)交易,估值很低。

該公司已種植約7萬1000公頃油棕,平均樹齡約14年。

公司在雪蘭莪、柔佛、檳城、吉打及霹靂,共有約1萬1000公頃土地,或用作房地產發展。

AliAbu

134 posts

Posted by AliAbu > 2014-08-08 07:17 | Report Abuse

wesleysu: could you translate for me please.

speakup

27,298 posts

Posted by speakup > 2014-08-08 07:26 | Report Abuse

in short,
- Affin do price stabilisation, sold back 38.3mil shares to Boustead. Plus another 25.6mil shares from over-allotment back to Boustead.
- Yesterday good performance, close 1.70 high 1.72
- Maybank buy rating, target 2.16
- BPlant undervalued cos RNAV is 3.08
- Has 71,000 hektars of palm oil, average age 14 years
- Has 11,000 hektars of land which are ripe for property development

AliAbu

134 posts

Posted by AliAbu > 2014-08-08 09:49 | Report Abuse

Thanks alot

Chua Zhi En

1,103 posts

Posted by Chua Zhi En > 2014-08-08 09:53 | Report Abuse

is this adjustment?

Kent

356 posts

Posted by Kent > 2014-08-08 10:27 | Report Abuse

Today most stocks in red colour...

AliAbu

134 posts

Posted by AliAbu > 2014-08-08 10:38 | Report Abuse

yes red lantern

speakup

27,298 posts

Posted by speakup > 2014-08-08 11:32 | Report Abuse

Today is opportunity to buy this good counter at cheap price.
Maybank fair value is rm2.16. Still got 29% upside.

bathgel

265 posts

Posted by bathgel > 2014-08-08 13:00 | Report Abuse

what price is cheap ?

Joel

4,580 posts

Posted by Joel > 2014-08-08 13:23 | Report Abuse

below rm1.70.

speakup

27,298 posts

Posted by speakup > 2014-08-08 15:30 | Report Abuse

Back to 1.69 from low of 1.65 :-) Really solid!

speakup

27,298 posts

Posted by speakup > 2014-08-08 16:54 | Report Abuse

CI down 27.5 points, but Bplant unchanged!

tjhldg

27,218 posts

Posted by tjhldg > 2014-08-08 17:36 | Report Abuse

cheersssssssssssssss

FX Lee

5,194 posts

Posted by FX Lee > 2014-08-08 23:02 | Report Abuse

IPO issue price RM 1.60

JENNY6088

611 posts

Posted by JENNY6088 > 2014-08-08 23:45 | Report Abuse

kikiki

AliAbu

134 posts

Posted by AliAbu > 2014-08-09 13:41 | Report Abuse

already 10 cent

weijian

477 posts

Posted by weijian > 2014-08-09 14:13 | Report Abuse

Now everyone has a different say already, if you refer back to the last few weeks comments, you can see how fast can people change thier mind set. Perviously, this is lousy stock, overvalued, now, this is undervalued, buy below 1.7 is consider cheap. LOL............................... Sad, jelly fish investors.

speakup

27,298 posts

Posted by speakup > 2014-08-09 22:56 | Report Abuse

Sad? My paper profit already about rm2.5k :-)

alexx

12 posts

Posted by alexx > 2014-08-09 23:40 | Report Abuse

you can say 1.70 now is expensive but next year you won't able buy at this price any more.

selamba

478 posts

Posted by selamba > 2014-08-10 17:01 | Report Abuse

buy2222

yick78

24 posts

Posted by yick78 > 2014-08-10 23:11 | Report Abuse

Agreed with Weijian. Difficult to decide to Buy or to sell ? Luckily,I not sell coz their dividend policy.

tjhldg

27,218 posts

Posted by tjhldg > 2014-08-11 00:04 | Report Abuse

sui sui sui

Posted by nast_777 > 2014-08-11 14:21 | Report Abuse

buy buy buy

zack_liza

1,560 posts

Posted by zack_liza > 2014-08-11 15:29 | Report Abuse

4 cent dividend will be announced next month(sept 14), every quarter u all akan dapat dividend follow bstead...call buy 1.70 and below...

bathgel

265 posts

Posted by bathgel > 2014-08-11 16:03 | Report Abuse

run

cheeseburger

2,892 posts

Posted by cheeseburger > 2014-08-11 16:46 | Report Abuse

accumulate

Posted by Hasper Ong > 2014-08-11 20:40 | Report Abuse

@zack_liza so fast can get divinend?

joerakmo

725 posts

Posted by joerakmo > 2014-08-11 21:56 | Report Abuse

zack-liza....4 cents dividend???Div policy is 60% and based 1st q profit of Rm30.127M divided by 1600M shares..about 1.1cents only....Liked this stock when it was Boustead Reits. As for land with development potential...was trapped before in Tradewinds plantation.Maybank report quite comprehensive but it is a long term play.

speakup

27,298 posts

Posted by speakup > 2014-08-12 07:38 | Report Abuse

Bplant is for asset-play.

oldcable

25 posts

Posted by oldcable > 2014-08-12 09:43 | Report Abuse

Q2 results must be announced b4 Fri 29/8/14 but I will be happy if they can afford to pay me 1.75 sen interim dividend as BPlant was only listed on 26/6/14.

dingding

843 posts

Posted by dingding > 2014-08-12 12:03 | Report Abuse

buy or sell?

AliAbu

134 posts

Posted by AliAbu > 2014-08-12 12:41 | Report Abuse

Buy now

beso

2,137 posts

Posted by beso > 2014-08-12 12:51 | Report Abuse

cpo price getting lower coming q result wont b good,sell b4 too late

kkng0819kk

1,566 posts

Posted by kkng0819kk > 2014-08-12 15:14 | Report Abuse

Tunggu ipo price ok?betul ka 4 sen div akan datang ?

anbz

5,163 posts

Posted by anbz > 2014-08-12 19:38 | Report Abuse

Oil palm falling ma

Joel

4,580 posts

Posted by Joel > 2014-08-13 10:25 | Report Abuse

collect on weakness:@BPLANT !

speakup

27,298 posts

Posted by speakup > 2014-08-13 17:18 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1708805



Acquired 04/08/2014 250,000


Acquired 05/08/2014 220,000


Acquired 06/08/2014 350,400


Acquired 07/08/2014 200,000


Acquired 08/08/2014 235,000

Joel

4,580 posts

Posted by Joel > 2014-08-13 19:25 | Report Abuse

Lembaga Tabung Angkatan Tentera had been collected on weakness@BPLANT !

Small fish may follow!

LTAT , they will make BPLANT exceed RM2.00 in this AUGUST 2014 !

ywcheok

50 posts

Posted by ywcheok > 2014-08-13 20:16 | Report Abuse

I agree.. this month or next month sure will up till 2 something

Posted by Hasper Ong > 2014-08-13 21:35 | Report Abuse

if yes then *clap hand*

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