Posted by Plantermen > 2021-04-13 20:54 | Report Abuse

Calvintaneng : agreed BPlant is a deeply undervalue gem and overlook by most investor. Need a big buyer to unlock their value { a dawn raid }takeover on Bplant

Posted by Tang Khangseng > 2021-04-14 07:33 | Report Abuse

Revenue for Q1'21 is estimated ~RM185-190mil (derived from Q1'21 FFB volume drop ~27%, CPO prices increase ~17%, both are estimate numbers), Net profit Q1'21 ~RM22mil (profit margin conservatively keep at 12% due to high CPO prices) --> EPS: RM0.01

Pro: Long history company and rich land bank as highlighted by someone although I'm not sure if the valuation method is correct, continuously high CPO prices >RM4000 (many suspect it might not sustainable though)

Con: High past prime >20 years planted area ~40%/total (from AR2019) --> low efficiency planter, high total borrowing ~RM1.25bil (debt repayment ~RM60mil for 2020), complicated organization structures link to many unprofitable companies such as BHIC (some please give me your input) --> mother will sell you cheaply in case she need money :-)

Let's wait for the AR2021 and super slow Q1'21 AR, cheers~

Posted by Davidl > 2021-04-15 01:04 | Report Abuse

https://www.theedgemarkets.com/article/indias-monthly-palm-oil-imports-malaysia-rise-50

Posted by Yippy68 > 2021-04-16 02:10 | Report Abuse

Mr Calvin, you have done such a good analysis, and everyone long ago know Bplant is extremely undervalued, we are only interested to know how many million Bplant share you are holding?

after this, .kindly stay aside for a while.as each time you appeared here, Bplant share will drop .I just don't understand why. no offend intended, thank you.

Posted by brianklc > 2021-04-16 15:16 | Report Abuse

Hate to say tht but what yippy68 says got its merits...

Posted by brianklc > 2021-04-16 15:18 | Report Abuse

Sifu Calvin, perhaps u go PA Resources stir up a bit...

Posted by Sslee > 2021-04-18 11:33 | Report Abuse

https://www.theedgemarkets.com/article/edge-weekly-boustead-properties-unveils-new-gem-semenyih?type=malaysia

KUALA LUMPUR (April 18): Boustead Properties Bhd, a wholly-owned subsidiary of conglomerate Boustead Holdings Bhd launched the first phase of its new township, Mutiara Hills in Semenyih, Selangor on April 10.

Mutiara Hills was previously a palm oil plantation named Balau Estate, which was owned by Boustead Plantations Bhd. Due to be completed in 2027, the 1,200-acre mixed-use township will offer residential and commercial units, as well as a business hub.

The freehold Mutiara Hills is divided into three sectors, the first of which has a gross development value (GDV) of RM895 million and will comprise five phases. The first sector’s first phase is called Balau Homes and will comprise 230 two-storey terraced houses.

Posted by Kishin Sham Mahtani > 2021-04-19 12:00 | Report Abuse

why is this counter dropping so much can never understand

Posted by Sslee > 2021-04-19 12:39 | Report Abuse

Did not see any annoucement from Bplant on disposal of Balau Estate so have no idea.

Posted by Plantermen > 2021-04-19 12:47 | Report Abuse

If not mistaken. Balau & Connemara Estate are all located in and around mukim Broga Semenyih District. Nottingham university { subsidiary of Boustead Group} also at the vicinity

Posted by Parksonguy > 2021-04-19 13:15 | Report Abuse

Or bplant transfer land under value market to boustead property. And boustead property under muhidim.

Posted by Parksonguy > 2021-04-19 13:16 | Report Abuse

Election coming and muhyiddin need money so transfer money out of bplant

Posted by brianklc > 2021-04-19 15:10 | Report Abuse

key word, PREVIOUSLY

Posted by brianklc > 2021-04-19 15:11 | Report Abuse

was owned by

Posted by Parksonguy > 2021-04-19 18:11 | Report Abuse

The land can suddenly unowned and into umno account.

Posted by Parksonguy > 2021-04-19 18:13 | Report Abuse

Previously buy at 1ringgit per hectare then suddenly can sell at 1ringgit per lot.

Posted by Plantermen > 2021-04-19 18:47 | Report Abuse

news announcement Boustead holdings { not BPlant } selling a parcel of land along jalan Cochrane to Sunway group for a cash consideration of 233.4million

Posted by Parksonguy > 2021-04-20 07:36 | Report Abuse

https://www.bernama.com/v2/en/business/news.php?id=1953752 . Europe ban palm oil they changed name to algae. Future europe will ban algae oil.

Posted by Parksonguy > 2021-04-20 07:39 | Report Abuse

Hopefully they changed name if really use algae is an another money into umno pocket project again.

Posted by Parksonguy > 2021-04-20 07:41 | Report Abuse

Now malaysia so high tech. Flying car and algae oil. Damn funny.

Posted by Parksonguy > 2021-04-20 07:45 | Report Abuse

Even japan and germany no have mass produced algae oil technology we malaysia have. See lah next quarter report sure imparement losess money into next gen company. Never hear the company before.

Posted by Parksonguy > 2021-04-20 07:52 | Report Abuse

https://www.bernama.com/v2/en/business/news.php?id=1953752 . Veteran should take gun at the General Manager head. Algae oil. Knn. First in the world.

Posted by Parksonguy > 2021-04-20 07:55 | Report Abuse

New CEO on board is to help save boustead or help muhydin take money out. Smarter then najib lo. Najib 1mdb. This bplant GM algae oil. Knn.

Posted by Parksonguy > 2021-04-20 08:05 | Report Abuse

Now we know why yesterday bplant share suddenly drop 10%. Algae oil. Knn.

Posted by Parksonguy > 2021-04-20 08:09 | Report Abuse

Next Gen Oil Company. Why dont just name it Cash oil company better. Need veteren help take gun to AGM meeting.

Posted by Parksonguy > 2021-04-20 08:27 | Report Abuse

When saw algae oil news. WTF.

Posted by Parksonguy > 2021-04-20 08:28 | Report Abuse

Another umno cash out project. Haiz.

Posted by Parksonguy > 2021-04-20 15:02 | Report Abuse

Can see future sink red of impairment lose of "Next Gen oil". A.K.A Knn, Algae oil or seaweed oil. Malaysia future tech, seaweed oil.

Posted by Parksonguy > 2021-04-20 15:04 | Report Abuse

Every hear of seaweed oil? Thank you bplant GM support, when want invest in drone technology for robot harvest.

Posted by Parksonguy > 2021-04-20 15:10 | Report Abuse

Bplant GM have face say helping veteren on job opportunities by its seaweed oil project. When gun point at his face try say again.

Posted by Parksonguy > 2021-04-20 15:16 | Report Abuse

"crude algae oil". Google search also cannot find the product. So, its vitamin or petroleum products?

Posted by Parksonguy > 2021-04-20 16:44 | Report Abuse

Bplant GM say bhp will start sale seaweed oil by 2025. Palm biofuel also not implement now go think seaweed oil. He bang his head? L

Posted by Parksonguy > 2021-04-20 16:45 | Report Abuse

Sell seaweed keropok as the thailand better

Posted by Parksonguy > 2021-04-20 16:46 | Report Abuse

Or algae keropok goreng

Posted by Parksonguy > 2021-04-20 18:49 | Report Abuse

Thanks for GM bplant eat money for its Algae keropok oil project. Share price direct drop. Should be Muhydin ask take out money from bplant prepare for election.

Posted by Parksonguy > 2021-04-20 18:55 | Report Abuse

Never saw this coming, like 1mdb project. (T-T). This yrs malaysia Army veteren will get free Algae keropok as busicult raya le and sirap air Algae. As Algae not only good for as petroleum and also increase lanciao after drink.

Posted by Parksonguy > 2021-04-21 08:19 | Report Abuse

Need check the bplant GM account like MSM ceo. Abo impairment lose so siok. Pui, Algae oil. If Algae oil so good ask bplant GM drink it.

Posted by Parksonguy > 2021-04-21 11:50 | Report Abuse

GM want conn us from the Algae project. Please vote NO. Algae oil can use to pump Lamborghini car. Can china approved buy the Algae. Will damage car engine. So many uncertainty, plus "next oil" like a scam company with, scammer GM bplant work together.

Posted by Parksonguy > 2021-04-21 11:52 | Report Abuse

If tesla CEO say Algae ok, can. This bplant GM scammer face.

Posted by Plantermen > 2021-04-21 14:23 | Report Abuse

Algae oil is a big Q? even now palm diesel { B30} having issue

Posted by LossAversion > 2021-04-21 14:25 | Report Abuse

What a silly Algae project!!!!

Posted by Parksonguy > 2021-04-21 14:49 | Report Abuse

Yes, scammer project. Will you willing go bhp pump Algae petrol? See bplant GM face also. If next month AGM he wait shot in the head. Army pension money also want scam.

Posted by firerain > 2021-04-22 00:21 | Report Abuse

just collect while analysts still sleeping:)

Posted by Parksonguy > 2021-04-22 10:26 | Report Abuse

Share cannot up due to GM Algae oil project. All scare of this scammer project. Scare suddenly say invest 500million. Totally a scammer project to fork out money from bplant.

Posted by brianklc > 2021-04-22 22:21 | Report Abuse

Actually if the company is a scam and it’s so badly managed, why waste ur time posting? Just move on to other stock thn

Posted by Parksonguy > 2021-04-24 09:11 | Report Abuse

All people scare of GM Algae project. After the announcement share price direct drop hit 0.54. money earn then let them pump out to Algae instead of declare deviden.

Posted by Bgt 9963 > 2021-04-24 09:56 |

Post removed.Why?

Posted by Johnzhang > 2021-04-24 16:15 | Report Abuse

We all must attend the next AGM to tell the Board and Management off. The basic issue like poor yields, high expenses are not even looked into ! What about poor return for many of the high valuable smaller parcels of land in the vicinity of development?

Posted by KAQ4468 > 2021-04-26 23:23 | Report Abuse

Pasti mariiiiii

Posted by Parksonguy > 2021-04-27 13:08 | Report Abuse

Fast run. Going to declare imparement loss.