Terrence, it’s obviously u! Lots of ur privatization and take over calls already expired. What happen to Parkson,Yong Tai, Transnational?Suggest u change the expiration to 1 month.

Calvin, go join Bursa, they need u

Seeing Terrencelim past comments, apa lc also he is expecting privatization la, take over la, and most of the announcement next week

calvin, each time u start talking i will scared

if any internal news, they are supposed to pace it, not ramping up catching attention, thts my view la

Lube if tht is the case thn see if tuesday got any announcement or not, they shld monetize their investments, not adding...

for a transaction to complete, there must be a willing seller, matched with willing buyer... for sure if enbloc sales, there will be no takers due to Sarawak and Sabah (Dutaland), plantation outlook are not looking good in the near term too... thus land sales can only happen for peninsula piece by piece... and for purpose other than plantation...

Plantation counters are up broadly, only thing is bplant up more than others. If there are insider news, the price won’t be slam down the day before and fly the next day. There are sharks at play. Only they know what’s the target price. But 1 thing for sure, Q2 results will be red.

What happen here is simple, sharks are pushing up to dispose their holdings

No, the price spread between soya vs CPO is already very narrow, hence CPO movement is limited, if CPO price go up somemore buyers will buy Soya instead

Same thing happen 1 month ago is happening again

Higher production in 2H23, higher production=lower CPO price. No mention of 2Q23 production and CPO price though, well what is known is Apr production MT and what’s the CPO price 1 Apr till 26 May. Not hard to calculate Q223 profit/loss. Inventory value write down will be a pain too. My personal opinion, Sarawak plantation land need to get rid asap, perhaps to those suitors which have a strong footprint in Sarawak…

Which is somewhere near jtiasa price

Bplant fundamentally is a good company, I think at most it will go back to the price before it being pushed up by sharks to dispose at higher price since 2-3 weeks ago

Land sales are not their core business, although they have done it so often. They still have to buy land at the same time to ensure sustainability of their plantation business. Hopefully they have some good news/updates to announce during AGM on Sarawak land disposal.

Hate to say this, but bplant now is in the cycle of bleed slowly till the next quarter announcement. Apr production is 53MT, which is lower than Q1 average of 63MT, and the CPO price for Q1 was RM4,017, Apr average RM4,218, May around RM3,844… Looking at this, bplant at most seems like will end Q2 similar to Q1 if not having minor loss due to inventory value write down.

Erm… or 3 sen based on the story of bplant pays high div to fund bstead privatisation? Logically, u don’t milk subsi till it needs to borrow more to pay u…

Yippy, the current profit follows exactly Q123 CPO trend and production. Nothing to be surprised of… but I kind of surprised tht u expected 3 sen dividend. Do u know how much profit to hit to get 3 sen dividend? Assuming 100% payout and 60% payout?

Just read Page 2,3 of Q422 announcement, gain from disposal and the increase in receivables.

John, gain from disposal is recognised upon completion, not cash basis, no assumption involved, there are specific accounting standards for this. Furthermore, u can see the whole disposal gain in the P&L of Q422. U can’t see the money in cash flow statement as it will only appear in Q123, but the gain is fully recognised in Q422.

Nur solar gain already recognised in Q422.

where does the land disposal comes about? John, its the results that drives the share price.

Q1 results is very important, it will be strong yardstick for Q2 and perhaps Q3.

any view on how the Qtr results looks like? YoY and Qtr vs Qtr

Next Q will yield better results, just compare Q4 vs Q1 vs Q3, u will see lots of seasonal cost goes into Q4 like higher tax charge.

in Dec announcements i cant see profit from operations of 50% over revenue

Calvin, can u quote how the cost of 2k being derived?

It happens to Bstead a few days earlier. So what’s the fuss of changing BOD? It’s normal for a GLC post elections. Of 4, 3
Of them are BN members. Remember PMX directive on all gov appointed post in GLCs to be removed?

Seems like u keep on mention susu, Calvin must have done something to u or asked u to do something to him whn he raped u last time… and it has something to do with susu…

Mouse is another backside itchy sob who likes unprovoked attack

yippy, dont know whether if "screwing people" or "being screwed by people" is his hobby

Halo, pls study how profit and dividend works! Ur table above only applies if there are no profit hence any dividend paid is CAPITAL REPAYMENT! U need go back to school!

Wahlau, bplant page lately full of dicks and xiao lang…

see his past postings, he will just post and gone, only to reuse the id a few months later.. he wont answer u..

just report abuse and make the account banned.. see how many dicks he can come out with

Man of wisdom had deleted the post? Such a shame, I tot I can learn sth from him.

RJ, everyone can give TP. And those with slightest intelligence can give valid justifications support their TP. BUT, I strongly believed richman who is a man of wisdom can respond n give his justifications…

Richman, any justifications to ur opinion?

Indonesia export levy waiver ends 31 Aug.

Yes, anything extra due to land sales will be bonus

thts why bplant need to hold for long term

Dividend payout need to be preserved in view of current CPO price. Cash flow is very healthy.

The subsi will be forced to pay higher dividend to fund BHIC. To pay dividend, u need profit, to make quick and substantial profit, u need land sales.

LTAT to take over BHIC, end of story. Even if this doesn’t happen, subsi will have to pump more dividend to BSTEAD. The gov will find ways to make BSTEAD got the dividend, such as finding buyer for bplant Sarawak land.

https://www.theedgemarkets.com/article/ltat-take-over-boustead-naval-shipyard-boustead-holdings-mindef-proposes

Anyone forgot theedge (insider) bstead privatisation saga?

Ok, apparently dick2 got ban today till Sep, so next will be dick3

Dick come out straight got ban for 3.5 months… be prepared for dick2, dick3

Spring effect, the harder being pushed down, the more resistance and even stronger the elastic force…

Sometimes these characters comes out unprovoked. Or no reason, 1 day they just snapped…