Posted by Mikecyc > 2021-03-23 09:18 | Report Abuse

# Boustead Plantations

75,000 hectare x 2.471 = 185,325 acres

FY14 to FY19 average revenue =3961.7/6 = 660.28 million

> 1 acre generate RM 3,562.82

# MHC :

Plantations = 33,000 acres


FY14 to FY19 average revenue =2001.4/6 = 333.57 million

> 1 acre generate RM 10,108.18

Posted by Mikecyc > 2021-03-23 09:18 | Report Abuse

Planted Area ( Hectares )

Past Prime 32,952

Prime Mature 21,672

Young Mature 12,223

Immature 6,647


Total = 73,494

Old trees over 20 years age = 45 %

Posted by LossAversion > 2021-03-23 09:19 | Report Abuse

Cakap banyak2 also no use....never go up???

Posted by Mikecyc > 2021-03-23 09:20 |

Post removed.Why?

Posted by Mikecyc > 2021-03-23 09:21 |

Post removed.Why?

Posted by Mikecyc > 2021-03-23 09:22 | Report Abuse

征求25亿伊债持有人同意 宝实得要求延长履约期限【内附音频】 https://www.chinapress.com.my/?p=2444203

Posted by Mikecyc > 2021-03-23 09:23 |

Post removed.Why?

Posted by Plantermen > 2021-03-23 10:32 | Report Abuse

Boustead plantations has a long history. A legacy of the British planter's { Barlow Boustead} they acquired large tracts of land in Peninsula for their PLANTINGS { first rubber then oil palm} among the stables of estates they acquired { Heah joo seang, Selangor coconut, Malakoff, Telok sengat, Taiping Rubber, Kulai } their estate's land has now morphine into valuable land banks

Posted by calvintaneng > 2021-03-23 13:45 | Report Abuse

Bplant if just dispose those Lands near Prai will reap Billion rm

Posted by Jonathan Keung > 2021-03-23 17:58 | Report Abuse

Prai , Penang prime land near Juru

Posted by Mikecyc > 2021-03-23 23:07 |

Post removed.Why?

Posted by Mikecyc > 2021-03-23 23:08 |

Post removed.Why?

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

BPLANT IS A VERY UNDERVALUE SUPER CPO STOCK!!

Posted by brianklc > 2021-03-23 23:29 | Report Abuse

https://www.theedgemarkets.com/article/poc-2021-day-1-cpo-prices-range-between-rm3320-rm4113-2021

Posted by Mikecyc > 2021-03-23 23:35 |

Post removed.Why?

Posted by Mikecyc > 2021-03-23 23:37 |

Post removed.Why?

Posted by brianklc > 2021-03-24 08:16 | Report Abuse

Wow, gain on disposal for BCC, the sales improves bstead cash flow too... good news to bstead

Posted by Plantermen > 2021-03-24 08:20 | Report Abuse

New CEO more focus on their core business. Cruise { BCC } are not their expertise { Boustead owned South Port, port klang tank installation that is related to their plantation business} not the BCC terminal

Posted by brianklc > 2021-03-24 09:50 | Report Abuse

I tot Mickey normally share bad news, now he share good news too... sometimes he post so many tht he confused those wall to post... but nvm, we share happiness for bstead...

Posted by KAQ4468 > 2021-03-24 13:24 | Report Abuse

Peewiittttt

Posted by KAQ4468 > 2021-03-24 13:25 | Report Abuse

Pasti mariiiiii

Posted by calvintaneng > 2021-03-24 17:36 | Report Abuse

Fantastic turnaround results

Cash position jumped from Rm20 million to Rm44 millions up by more than 100%

The first salvo of the Palm oil super bull trend

Hip hip hooray !!!

Posted by Plantermen > 2021-03-24 18:29 | Report Abuse

Second interim dividend 0.5 per share announcement today { ex date 7 Apr}

Posted by NorazmiAR > 2021-03-24 18:48 | Report Abuse

https://www.theedgemarkets.com/article/boustead-plantations-posts-profitable-4q-thanks-higher-palm-product-prices%C2%A0

Will this jump tomorrow?

Posted by brianklc > 2021-03-24 18:56 | Report Abuse

Good! The management had decided to keep more money for future instead of payout all... Debt have been pared down significantly... Expect lower interest cost in future...

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

https://www.theedgemarkets.com/article/boustead-plantations-posts-profitable-4q-thanks-higher-palm-product-prices%C2%A0

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

A submitted on Nov 2020 for GST refund of RM 37,207,353.35 is yet to receive the refund

Posted by Aurora13 > 2021-03-24 20:14 | Report Abuse

Good news comrades. Indeed delighted to see the good financial results, double cash and significant improved revenue and profit from loss. Flipped positions good good

Posted by brianklc > 2021-03-24 20:25 | Report Abuse

A very diff company as compared to last time...

Posted by johoran > 2021-03-24 20:44 | Report Abuse

Good result

Posted by johoran > 2021-03-24 20:44 | Report Abuse

Tmr gap up 0.63

Posted by lloydlim > 2021-03-24 21:44 | Report Abuse

Well done Bplant, time to accumulate!

Posted by Davidl > 2021-03-24 22:19 | Report Abuse

Finally turn around! Gd job! New high to b expected soon!

Posted by johoran > 2021-03-24 22:36 | Report Abuse

Next Qr a bit drop, production drop

Posted by lohloyfoo > 2021-03-24 23:21 | Report Abuse

Anyhow 2021 is a good year to Bplant, I foresee a new high coming soon.

Posted by Letsfly > 2021-03-25 08:19 | Report Abuse

huat ahh!! :D mari mari dividend!

Posted by bulldog > 2021-03-25 08:21 | Report Abuse

Back to Black

Huat chaiii

Posted by Kishin Sham Mahtani > 2021-03-25 09:23 | Report Abuse

this one never move...good results, NAPS good but syndicate keep low...wonder why

Posted by LossAversion > 2021-03-25 09:28 | Report Abuse

No need to waste time with it. Waiting to sell off...Made more money with DNEX and AWC with much much shorter time period.

Posted by Kishin Sham Mahtani > 2021-03-25 09:39 | Report Abuse

Busra is one big casino now....high NAPS and price pushed down no logic at all in this counter

Posted by calvintaneng > 2021-03-25 10:10 | Report Abuse

Listen my friend

There are two types of share market players in Klse

1. The Value Investor

2. The short term traders or punters

There is no right or wrong for both but Calvin thinks Value investing is safer

Why ?

Answer:

Value Investing is predictable and based on rock solid fundamental

Posted by calvintaneng > 2021-03-25 10:12 | Report Abuse

We buy bplant because of its strong assets

All lands bought long ago are now very valuable

Each piece if sold will get 5x to 10x more

So just by selling lands alone will provide Cash returns

Posted by calvintaneng > 2021-03-25 10:13 | Report Abuse

While Bplant sells it's land banks in West Malaysia to unlock value

It gave good cash payout to shareholders and also invest in more plantation lands in East Malaysia

Example is bplant bought Palm oil lands from Dutaland

Posted by calvintaneng > 2021-03-25 10:15 | Report Abuse

Bplant now holding large acres of palm oil lands will have good exposure to cpo bull run

Being Upstream player it will have maximum profits from Cpo price surge

Posted by calvintaneng > 2021-03-25 10:16 | Report Abuse

palm oil like Ogse and medical gloves are cyclical industries and can go into good times and bad times or we call boom/bust cycles

So with Cpo reaching all time high over Rm4200 the upswing of Profits now on

Posted by calvintaneng > 2021-03-25 10:18 | Report Abuse

Excellent latest result

more than Rm100 MILLONS used to clear borrowings

Cash position increased from Rm20 mil to Rm44 MILLONS

Pay another half sen dividend

All round improvement

Posted by calvintaneng > 2021-03-25 10:19 | Report Abuse

So Bplant has Strong FA

High Cpo prices is the TA that unlock the deep value of Bplant

Posted by calvintaneng > 2021-03-25 10:20 | Report Abuse

When FA meets TA it goes into a powerful catalyst of price coming alive !

Posted by calvintaneng > 2021-03-25 10:22 | Report Abuse

And what is true about Bplant will also apply to all other palm oil plantation stocks

bplant earnings turnaround is the forerunner of an imminent bull run for plantation stocks

And good fortune to all

We are still a very very young bull in palm oil

So the opportunity to buy cheap and lock in and hold tight is now

Posted by mywuneng > 2021-03-25 10:52 | Report Abuse

reading the QR, if below can be refunded by next Q, maybe will declare more div :D :


Changes in Material Litigations
CIMB Islamic Trustee Berhad ("First Plaintiff"), trustee for Boustead Plantations Berhad and
Boustead Plantations Berhad ("Second Plaintiff") had on 28 December 2018 filed a Writ of Summons and Statement of Claim on Setia Fontaines Sdn Bhd ('Defendant') for breach of Sale and Purchase Agreement dated 22 December 2016. The claim is in respect of damages amounting to RM37,207,353.35 for goods and services tax (GST) due from the Defendant together with interest at the rate of 8% per annum and other costs and relief deemed fit by the Court.
In July 2019, the Defendant filed an application for a judicial review against the Customs decision
that if the Lands are intended to be used for commercial or mixed development purposes, then the commercial portion is subject to GST. The Plaintiffs are not party to the said judicial review
proceedings. Pursuant to the court’s decision on the judicial review delivered on 11 September 2020, the Plaintiffs’ solicitors were informed that the court has decided, among others, that the sale of the Lands is an exempt supply under the GST (Exempt Supply) Order 2014 and is not subject to any
GST.
The Minister of Finance and the Director-General of Customs did not file any appeal against the
judicial review decision. The Group has therefore submitted a request to Customs in November 2020 for the GST refund of RM37,207,353.35.
As at 23 March 2021, there was no other material litigation involving the Group or the Company