mikecyc is just trying to sabotage by creating fear on those who buying to sell...by posting a lot of old news to scare ppl only

correct! No point having no debts and cash rich! with cash sitting in the company's books not generating any value over time...Malaysian mindset still stuck in old gen saving mentality where no debts and huge savings is good...

dun understand what's the concern here...having debts doesn't mean it's bad...it all depends on whether it's good or bad debts. Serviceable good debts, profitable business, healthy cash flows indicates the company is still financially ok. Adding up the high spike of CPO prices now and demand, BPLANT will be earning in the next 2 quarters. The reason why the share price is down is because of contra players, market goreng covid related stocks like LKL or TOPGLOV and top players pushing down to buy more later. BPLANT for sure will go up later in Nov.

@Mikecyc, then how about its RM4.2 Billion assets? cash flows? you can't judge a company's health as simple as financial assets - financial liabilities...do you mean that a company shldn't have any debts? If a company cash rich, what you going to do with that money? put in the bank where interest is at all time low?? Bplant don't enough cash flow to serve its debts? By the way, you know what are the debts or not? Good debts or bad debts?! Don't mislead people!

http://bepi.mpob.gov.my/admin2/price_local_daily_view_cpo_msia.php?jenis=1Y&more=Y&tahun=2020