Posted by Parksonguy > 2021-03-16 20:08 | Report Abuse

Palm oil price are highest within these 20yrs. Be patient.

Posted by Parksonguy > 2021-03-16 20:13 | Report Abuse

Palm oil price never this high before. 20yrs one times.

Posted by Jjkcl > 2021-03-16 20:19 | Report Abuse

Looking good, high trading volume

Posted by brianklc > 2021-03-16 20:58 | Report Abuse

Gogogo

Posted by Parksonguy > 2021-03-16 22:33 | Report Abuse

Bplant have the highest revenue compare to tsh and hsplant. Problem are income are lowest, most likely management team or buy expensive ummo part eat up all the revenue.

Posted by Parksonguy > 2021-03-16 22:33 | Report Abuse

Now change new board members hope the management don't eat all the bplant income.

Posted by Parksonguy > 2021-03-16 22:35 | Report Abuse

Bplant double tsh revenue but net income lowest. Ummo eat army pencen money?

Posted by Parksonguy > 2021-03-16 22:36 | Report Abuse

Umno eat army pencen money till share price 60sen?

Posted by Jonathan Keung > 2021-03-17 09:57 | Report Abuse

Bplant result ? any special announcement

Posted by TedTock > 2021-03-17 11:29 | Report Abuse

Undervalued, but probably for a good reason

Posted by Parksonguy > 2021-03-17 13:42 | Report Abuse

Same excuss. Its not rasuah, we just overpaid the vendor as the vendor are ceo relative.

Posted by Parksonguy > 2021-03-17 13:44 | Report Abuse

Or ceo cam just say its expensive due to to vendor provide highest quality. Then close cases.

Posted by brianklc > 2021-03-17 15:04 | Report Abuse

Parksonguy, perhaps u could compare the financial statements of both bplant and hsplant? The main difference between both companies are as follows:-

1. High interest charges due to loan taken to buy Sabah land by bplant
2. High depreciation charge due to more lands hold by bplant.
3. Recognition of gain on fv of biological assets by hsplant.

If you take out these 3 factors they have more of less the same profit margin. Conclusion- it boils down to lower yield from Sabah and Sarawak land. Hsplant have a yield of 21/hectare, bplant yield is 11/hectare.

Posted by brianklc > 2021-03-17 15:07 | Report Abuse

With digital, hopefully they will be able to increase the yield by knowing where and when to harvest.

Posted by brianklc > 2021-03-17 15:10 | Report Abuse

Hsplant is cash rich as it does not have the pressure to pay high dividend unlike bplant... but wht bplant has are lots of undervalued lands...

Posted by brianklc > 2021-03-17 15:26 | Report Abuse

Bplant is a higher risk company to invest in, but it comes with higher potential dividend yield, hsplant is more like a typical plantation company

Posted by Yippy68 > 2021-03-18 03:30 | Report Abuse

bplant GLC, hsplant CCC, a lot of difference

Posted by Plantermen > 2021-03-18 07:43 | Report Abuse

Bplant bought thier Sabah new estate's planted land in 2018 when CPO Prices was at the bottom pit. Technically BPlant should now be reaping the windfall profit {CPO prices hitting the new highs for the past 10 months} with higher production & higher selling price

Posted by brianklc > 2021-03-18 10:55 | Report Abuse

Plantermen, agreed... but they really have to work on their yield... Prai land sold for Sabah, small piece in exchange for way bigger piece land... they are actually having lots of potential, just need to be managed carefully n they can deliver handsome dividend in future, if CPO price can sustain... loan must be pared down first...

Posted by Yippy68 > 2021-03-19 00:29 | Report Abuse

buying Sabah land is a mistake , that causing Bplant down fall. why they bought at such a high price, only god and management know....ikan bilis became scapegoat...

Posted by Kishin Sham Mahtani > 2021-03-19 09:02 | Report Abuse

last few days dropping seems Bad Qtr coming so insider throw...

Posted by brianklc > 2021-03-19 10:21 | Report Abuse

Nope, for reference u can always look at jtiasa. Normally these 2 are abang adik, for past few days these 2 have been sold down. So I personally think it’s not due to results but same bunch of ppl taking profit.

Posted by LossAversion > 2021-03-19 10:24 | Report Abuse

About time to sell when CPO already at its peak.....

Posted by brianklc > 2021-03-19 13:55 | Report Abuse

Revenue= production x price per unit
Price down due to productions expected to up

Posted by Albukhary > 2021-03-19 14:04 | Report Abuse

CPO double up, but share price not much up.

Tell me why? why? why?

Posted by bbuy > 2021-03-19 14:33 | Report Abuse

Because low production output, and Bplant haven't proof itself yet. Buy low sell high.... huat ah....

Posted by Yippy68 > 2021-03-19 17:25 | Report Abuse

disappointing.

Posted by King18Wn > 2021-03-19 21:30 | Report Abuse

Long time no dividend..........!!!

Posted by brianklc > 2021-03-21 13:12 | Report Abuse

Huh? Dividend just pay last quarter only!

Posted by Yippy68 > 2021-03-21 19:12 | Report Abuse

QR will be out coming week ,.before 25 March 21

Posted by calvintaneng > 2021-03-21 23:27 | Report Abuse

Bplant

selling at huge discount to land assets

Lands from as long as 100 years during long jaffar time in year 1848 and still book value of few cents psf

Amazing if sell any will reap $$$

This is a hidden gem

Posted by Parksonguy > 2021-03-21 23:43 | Report Abuse

Please lah. Dont share wont info. Every yrs, auditor will audit the company land price. Not suka suka put over cheap or overrated. Land price of the company are the lastest.

Posted by Parksonguy > 2021-03-21 23:44 | Report Abuse

If company under sell somebody will buyup the company. Now bplant market price are worth 0.58 per share only.

Posted by Parksonguy > 2021-03-21 23:48 | Report Abuse

Take fgv as example. If fgv got so many land . why people set value at 1.3 only. Fgv worth 1.3 due to land not under fgv. Same as bplant.

Posted by Parksonguy > 2021-03-21 23:49 | Report Abuse

If Bplant so many income the share price wont be at 0.58 le

Posted by Parksonguy > 2021-03-21 23:53 | Report Abuse

Dec 2020 give deviden 0.005. my god 0.005 deviden also can come out. Lucky change new ceo.

Posted by Parksonguy > 2021-03-21 23:54 | Report Abuse

Hopefully the new ceo won't declare 0.001 deviden

Posted by Parksonguy > 2021-03-21 23:55 | Report Abuse

If 0.001 deviden that ceo better be careful with army gun

Posted by Parksonguy > 2021-03-21 23:56 | Report Abuse

Other company can cheat. Boustead under army pencen money. See who dare to cheap arm money

Posted by qinvestor > 2021-03-22 09:32 | Report Abuse

Parkson guy, companies mostly don't revalue their land in the financial report

Posted by qinvestor > 2021-03-22 09:35 | Report Abuse

There were investors who want to buy up Boustead, but I think not approved by management, LTAT hold more than 51% shareholdings

Posted by brianklc > 2021-03-22 09:38 | Report Abuse

Niamah, pls read up MFRS139!

Posted by brianklc > 2021-03-22 09:40 | Report Abuse

Valuation in books are determined by classification of assets. Like parkson, whn it gulung tikar, all become AFS assets

Posted by brianklc > 2021-03-22 10:02 | Report Abuse

Diff type of industries value land & properties differently... even if same industry, the intention of the management dictates the valuation. Very surprised tht this kind of comments comes up...

Posted by King18Wn > 2021-03-22 14:13 | Report Abuse

Depends u comparing the book value or fair value... Most companies will not opts for fair value as it req huge valuations fees especially the land banks is big

Posted by brianklc > 2021-03-22 14:20 | Report Abuse

Yes, valuation fees based on value... and fair valued will be way more expensive to privatise/buyout...

Posted by brianklc > 2021-03-22 14:24 | Report Abuse

Personally I think they don’t want their profit to fluctuate each time fair value moves... rather better to have a lumpy profit whenever the land are being sold...

Posted by King18Wn > 2021-03-22 14:45 | Report Abuse

Exactly...

Posted by Johnzhang > 2021-03-22 18:20 | Report Abuse

Apart from REITS, I don't think it is a common practice for companies to revalue their fixed assets regularly and book the gain, if any. Only when the fixed assets are yielding negatively, revaluation and impairment to the asset may be necessarily carried out. All plantations companies don't revalue their lands unnecessarily unless for disposal reason .

Posted by Mikecyc > 2021-03-23 09:16 | Report Abuse

Referred to FY20 (Q2 ) ended June :

a) Financial assets

Trade and other receivables 90,382,000

Cash and bank balances 48,842,000


total = 139,224,000

b) Financial liabilities

Loans and borrowings 1,361,756,000

Trade and other payables 90,882,000

Lease liabilities 6,197,000

total = 1,458,835,000


a) - b ) = (1,319,611,000 )