Hey danny ,

Let's do proper analysis

Q2 of FY2021 : Extracted from bursa
CPO : Rm3,900
PAT : RM49 million

Q3 of FY2021(estimation)
CPO :
Best : RM5,000
Worst : RM4,000

PAT
Best : RM70million
Worst: RM50 million

Other income
- GST refund of RM37mil : (received in Aug 2021)
- Kulai land lease of RM15mil :
- Land disposal of RM429mil

Conclusion : Let assume the bad situation
Q3 : RM50mil + Rm37mil (GST) + RM3mil (land lease) = RM90million
Q4 : RM50mil + RM429mil = RM 479million

Dividend :
0.023 sen : I estimate dividend that they need to pay is around RM50mil (to check in q3 report)

So based on the analysis above, should you run now?

Calvin : How you define the high dividend? I don't think will be high dividend as management might use the money to lower down the borrowing.

Yeah. Don't play with IB on warrant unless you are really super rich. Some of them lose a lot on glove last year.

This friday you will know whether got extra windfall tax or not. Personally i don't think will impose windfall tax. Plantation firm already need to pay for levy since CPO price above RM3k.
In addition, the company mostly affected is Sime Plant, FGV, IOI. If felda harvester not happy, they may vote the government out.

i login to maybank online stock and the volume there show 4911 @ 11.27am.

one year to expiry date.

Is MBB trying to tell us that Bplant can't reach the target price in one year time?

Is MBB trying to increase volatility of this stock?

@Johnzhang : where do you find the info on call warrant ya?
0.68 (exercise price) + 0.15 (issue price) = 0.83.

Total cost : 0.83
Price now : 0.73

Do you know when is the expiry date?

@tradersampah : How accurate is the data?

23 June 2021 : EPF hold 281million
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3170500

25 June 2021 : EPF dispose 96million share. = 281-96 = 185million.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3171359

From 26 June 2021 till to-date , EPF didn't throw their shareholding ? I doubt so. Let me do rough estimation. As at May 2021 , EPF have 300+ mil share in SD with price around RM2 = RM600mil +

Question 1
Will their fund manager do nothing while it see the share price drop from Rm2 to Rm0.35 today?

Question 2
The exposure of paper loss is as follows
Max : RM600 million loss.
EPF managed fund : RMxxx billions.
% of loss?

tradersampah Let wait SIR, all here just assumption, not concrete finding..the fact is instituition still holding tight this share..
23/10/2021 10:57 PM << which institution still holding ya? EPF, KWAP already sold off majority of their share.

yes.

Aiyo. why boss sell, later say bumi shareholding drop again.

Don't worry. We know what are the catalyst to go up.

tg to super : hey bro , finally your turn. now let me cover ur sales ya.

well.If you look at the historical trend, CPO price is cyclical and it will drop eventually. I am surprised why this bull is kinda long.

Let's guess how much can Bplant can earn at Q3 and what is the expected dividend for this round. If can earn 80million ? dividend 3 sen ?

Any tycoon can go clear the road block at 0.735?

Once tyranny away from this stock comment, this stock boom. Yeah.

Hopefully close at 0.80 sen today.

ccwong : i a bit disagree on item no 3. I know some company take fertilizers from Netherland as it is better for their crop based on their internal R&D center.

Haha, good for short term but not good for long term. In addition, this is just one off event.

Kon Lim Chai 3rd Q outputs and average selling prices higher than 2nd Q. Can expect higher profits and dividend. Another catalyst is the sale of Kulai estate with huge cash flows.<< no. q3 won't have that cash flow. they signed agreement on 28 September 2021. It also depends on the completion of agreement from both parties. Fastest also Q4 of FY2021 will get the money.

run....

Is alright. The pandemic have huge impact to certain people like tyranny. He need place to speak up and release his/her stress. I accept this world have people with mental problem.

Few good things we may foresee in the next quarter result
1. Extra income from winning the court case (can refer last quarter report commentary)
2. Disposal of land (maybe q4 finish)
3. Land rental at johor
4. Impairment reversal ? (hopefully)

True. Let see on cash flow projection made by the management in q3 or q4.

Factor :
1. CPO price (improve)
2. FFB yield
3. Interest rate
4. Growth rate (improve, last year gov growth rate drop, sure improve the cash flow projection)

yippy68 : don't get pissed off so easily ya. Please ride with us.

John : will the impairment be reversed? < Maybe. But do consider auditor look at cash flow projection for at least 5 years. The CPO price is high now but i don't think it will be high for so long. No worry. Auditor usually will ask the cash flow projection either in q3 or q4. Let's see how EY assess the cash flow projection. Nevertheless, you may query them at AGM next year. I remember someone question their cash flow projection in previous agm.

brianklc : Yea. you are right. Impairment just non-cash item. Don't worry.

Lets investigate from both side.
To yippy and tyranny : Based on my investigation of top 30 shareholding for bplant, sentral, uoareit, i guess you are using uob kay hian - client account. I can't see the common name other than this name.

Let's not discuss people wealth la. If you are rich, then be humble. If you are poor, work hard to get rich. Stop the slander ya.

Everyone stay calm and let ride along.

u wait slow slow. RM0.8. i will sapu before reach 0.8

Yeah. I also put money inside bplant.

ccwong : where do you see this?

You go bplant and sdp AGM and you will see the quality of this two company directors.

calvin : you can have a huge land bank but if you don't manage well. It is not worth it lo. FGV vs Sime darby plantation. Both also have huge landbank but why SDP is better.

zelan holland stock lo. Beside SUKE, what do they have? IIUM concession agreement?

today no volume. hahah

ini kalilah.

Thats why long term relationship and client management is thing the management need to do. So far the occupancy rate is still high throughout years. So depends on your risk management.

brian : faster go sapu lo.

Luckily i run away. Didn't follow calvin to Holland.

bearcomebullgone ni semua glob luber still here ka? msh tgh nangis ke? teewaiyep stuckpick4u hailat semua where go ah?
20/09/2021 2:42 PM << they already run away lo. their cost is low.

Maybe tan sri reserve money to buyout?

where is calvintaneng? You collected how many SDP shares ?

Johnchew5 Hoho TG spent 1.35 billion on purchased of property , plant n equipment in FY21 .. is this will bring up the operation cost ? << of course yes. but to increase sales due to high demand also.

5.4 sen dividend.

niet Asia88. Conservatively their profit 500-600 million << thanks for info.

what coupon?

500million profit? 100million profit?

where is calvin.....!!!

appear as what ya?