Once pref shares issued, Felda will sell their FGV ordinary shares or some bumiputra corporates may inject some of their estates into FGV and dilute Feldas shareholdings. Wait till Jan 2024 for action.

#5354 looks like you do not know what Felda and FGV is doing to solve the shareholding issue. Pls read up.

#Max, look at the quantum. Normally O&G hard to get long term loans. So 5Y is acceptable. So its refinancing of 600M taken in 2019 and balance of 105M refinanced to 2028 from 2023. Good part, BA is bankable.

Hope the takeover happens at 1.55. Make all happy.
I have left this ship at 1.50 and went into Affin. Thanks to advice from some here. However, I wish the best to all those in BP. Hope the 1.55 comes faster. All the best.

By 2025, the balance sheet will be almost zero debt. Any extra or extension of the contract will be pure cash to BA. We need to take that into account, too. With clean balance sheet BA can target new contracts ie Akai and others.

Thanks Niki for sharing. I assumed that, too.

Well said #MM78. We need to analyse BAs tenure of contracts vs Yinsons.. I believe Yinson avg tenure is longer.

Buy or sell... I also don't know. He talks like #felix888...

My sifu says FA its worth more than 1.00 but TA is not good till breaks 65. Once 65 breaks...FA kicks in. But until FA kicks in TA rules...
I also don't understand his talk...

#Unicorn... R U a Technical Analysis (TA) or Fundamental (FA) person. FA needs knowledge and lots of hard work and time but lots but always TA wins.. BA is a FA stock and must buy when TA calls a buy and sell when TA says sell... I am also learning from my sifu..

After Pref Share, Felda keep the Pref Shares and do road show to sell down the ordinary shares to meet public spread? Felda bought the ord shares at 1.30, so any sale above 1.30 is profit to them.

If I read u correctly, the Pref Shares is taking back all the old Felda asset injected into FGV @ IPO by Felda. So which is better to hold, or hold both, or sell both.

Tq #EVEBITDA for ur detailed explanation. So FGV will be transformed into normal plantation company with their remaining non Old Felda Land. And we can enjoy the upside.

Tq #Felix888.

I assume it has to fill the gap at 62.5 ie before the fall happened.

Any chance to share ur next resistance levels #UnicornP

Thanks #UnicornP. Learning something new. Tq again.

Investor77..its not abt the take takeover price. Its abt politics. The willingness to sell 100K ha of land owned by an entity which once sold they can't claim it or have 100K ha again in the same/similar location. If only they knew they had to work to keep their asset.

Where is the cup and the handle...

Well said #speakup, when price doesn't go up why should we get excited.

Unless BIG names.

No equipments to pump oil can't pump oil enought to make BIG money. No banks lend to O&G asset.

2036, the concession to DIG oil expires. So have 13 years to go full swing. To do that must invest lots of money, but company and shareholders have no money. BIG rights issue coming?

No impact. Big impact is waiting for ASP to go up. Which will not happen soon until others do not expand their factories ie Gloves proven loss making business. Or demand supersedes supply but that means more will open factories and depress prices further.

# Well said Calvin. It's individual decision.

See page 52 of FGV IPO Prospectus para 2. All stated clearly and in detail. Pls read Calvin. Let us know if u think the IPO Prospectues is wrong.

#CALVIN. pls note FGV is not the same as other plantation and they can't get upside on land value. Felda can anytime take back the land at 5X PAT for old estate and 10X PAT of new estate.. the PAT is for CPO only of all the estates average. See the IPO doc. When I have time I will post which page. Pls understand FGV land is owned by Felda and they can anytime take it back and pay the above formula to FGV.

That's deal to comply to BNM to privatise BHB. Not coz they want to sell but HAD to sell. Or no deal to take BHB private. Now that Swak is in the bait time for a BIG kill. Swak has money and wants to own a bank.

Run for cover. Don't know when Maxis or AK will take Astro private. Hope sooner with NO dividend policy, like when Maxis was privatised and delisted in early 2000.

Reported 60 mil barrels..= USD6B @ oil @ USD100, say margin 10% = USD600mil or RM3B over the next 15 yrs. PV, it will be easily RM1B.. a good enhancement of 20 sen per BA share. This excludes Gas.

Swak buy at what price. NTA 4.80 and bank NTA is cash or near cash. LTAT can sell at 2.50?

Q results expected to be good?

2024, we should have DV.

However, we have to take into acct the interest rate BA pays. So let the 2Q pass and hope rates drop, and BA can do the capital mgmt accordingly. Current debt to cashflow is abt 4X very manageable. But if interest rate shoots up its good to he prudent. When rates are down BA should pay out its profits

#MM78, u r right it's all abt Capital Mgmt. What's 4 DV or 250M when BAs cashflow is 20 sen per share or 1B.

Let's put our money where our mouth (text) is... let's see if the price moves up or down tomorrow or in 1 month. Romssol is a "goreng" stock. Before talking abt anti corruption are they corrupt by paying high salaries to the Board when they can't pay even any Dividend to their shareholders. Food for thought.

EPF sometimes sell to their outsourced fund managers. And to lock in gains to meet accounting standards to pay DV. So they are doing their part. When market bad in Msia they buy Msian stocks ..... make 10% sell and go global. Anyway this year EPF expected to pay 6% DV. So the more they sell the better DV we get.

Let start a group to sue SD Board if they get delisted for good.

Surely and slowly will go down as CPO price drops again. And with high cost paying the cronies, it's a dead stock.

No brainer buy Gent... its a recovery play.

Sold my BPlant and told thanks to LTAT. My friends advised that I don't need the last 7 sens. Good Bye BPlant. Hope all U guys enjoy the ride.

May be want to consider Pharma or Affin as next target if the price is right. As LTAT said, they don't want to run businesses and let the experts do it, if true than BPlant deal will happen and so will Pharma and Affin sale.

I think it may bounce up again once Brent above 95. Wait for what FED has to say and the game starts. Was able to buy 50% of what I sold at 56, sadly parked the other 50% at 55. Once it breaks 57.5 will jump back in.

Well said ATK

2 support levels...at 57 and 55 sen.. time ur re enter. I sold some at 58, but realised mistake. Hope to re enter at 55 or 57. Keeping an eye.

Surely some problem which is not disclosed YET.

When KLK don't buy from open market, much lower than takeover price, we have to be worried.

Die stock. Cheat everyone.

Going to fly to the moon. Anytime soon the HK shareholder will flex their muscles.

LTAT may be having cold feet after political backlash. No sign of KLK buying from open market. Today is day 4.

Looks like something fishy cooking. KLK has not bought any shares since Monday and gives ultimatum for LTAT to do a deal before 22 Sept. Furthermore, all CP met, including all approvals at BHB level. Can minorities sue LTAT to buy up BP if the deal is called off with KLK.