BOUSTEAD HOLDINGS BHD

KLSE (MYR): BSTEAD (2771)

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Last Price

0.855

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


7 people like this.

4,928 comment(s). Last comment by Thinkerbell 2023-09-16 07:41

LKSGSH

524 posts

Posted by LKSGSH > 2020-06-19 21:18 | Report Abuse

QR results still not bad , as well as better .
Next week continue upward also

ronnie2u

667 posts

Posted by ronnie2u > 2020-06-19 21:35 | Report Abuse

Losing lesser money this Q1.... last Quarter(-1.3b) vs this quarter (-53m)
Let's hope for more green candles towards the sky !!!

setia2u

971 posts

Posted by setia2u > 2020-06-19 21:47 | Report Abuse

With this results, in a way, very much 'improved' from 4QFY19.. Also, with this results, LTAT can easily take it private @ 80.0 without much objection.

abcb

3,047 posts

Posted by abcb > 2020-06-19 21:47 | Report Abuse

Expect the privatisation plan will announce by end of the month

Posted by AnchoviesswimwithSha > 2020-06-19 21:58 | Report Abuse

Fantastic result by Bstead given current situation! Up up and away!

abcb

3,047 posts

Posted by abcb > 2020-06-19 22:02 | Report Abuse

NTA still worth 1.77 instead of 1.84

LKSGSH

524 posts

Posted by LKSGSH > 2020-06-20 00:04 | Report Abuse

Hope so monday price opening still Green

LKSGSH

524 posts

Posted by LKSGSH > 2020-06-20 00:07 | Report Abuse

Today suddenly start move the engine hopefully not a technical rebound , but is privatisation is deal on 0.80 like HWGB keep on higher peices

CUTLOST

5,178 posts

Posted by CUTLOST > 2020-06-20 01:26 | Report Abuse

50cts next monday.. 226% down New Qtr

Posted by BousteadInvestor > 2020-06-20 02:07 | Report Abuse

Cutlost is the way to go

Posted by trumpgreatagain > 2020-06-20 12:02 | Report Abuse

cut loss

Posted by trumpgreatagain > 2020-06-20 12:02 | Report Abuse

since bleeding seem none stop

Posted by trumpgreatagain > 2020-06-20 12:03 | Report Abuse

better invest at counter which is generated consistent profit and dividend

Posted by trumpgreatagain > 2020-06-20 12:03 | Report Abuse

worth watching

https://youtu.be/lIsc9pmAsnU

abcb

3,047 posts

Posted by abcb > 2020-06-20 22:13 | Report Abuse

Boustead Chairman Datuk Seri Mohamad Khaled Nordin said"As a result of the COVID-19 pandemic and subsequent MCO ,business activity and essentially came to a halt in many industries.The Boustead group was not spared the brunt of this,as most of our divisions were affected,impacting earnings for the first quarter.
While this challengingsituation is set to persist for 2020.
We are positive that the group-wide transformation exercise.We are currently undergoing will enable us to weather through
"With this plan underway,we aim to strengthen the groups operation and drive performance to see brighter over the next three years" he added

abcb

3,047 posts

Posted by abcb > 2020-06-21 08:38 | Report Abuse

Count down to finalize the privatisation plans soon

abcb

3,047 posts

Posted by abcb > 2020-06-21 08:46 | Report Abuse

The chairman of Boustead Groups is bullish on the transformation programme
I expect one of the transformation programme is to privatisation of the company

abcb

3,047 posts

Posted by abcb > 2020-06-21 09:00 | Report Abuse

The easy way for them to restructurer the company is to take it private and after privatise,they will start to strengthen the operation and drive performance for the next years

abcb

3,047 posts

Posted by abcb > 2020-06-21 09:05 | Report Abuse

The share price is so cheap and this is the economical of scale to privatisation without incur the additional costs if compared previous year the share price moved around 1.20 to 1.40 per share

Spike

20 posts

Posted by Spike > 2020-06-21 12:26 | Report Abuse

NTA 1.77!

BearishTrend

1,296 posts

Posted by BearishTrend > 2020-06-21 14:24 | Report Abuse

It's just like Ccb.. At end drop lower zon soon

LKSGSH

524 posts

Posted by LKSGSH > 2020-06-21 15:14 | Report Abuse

That's why now Bstead current price so cheap below 0.70 , on monday need to climb up above 0.75

derricksyl

512 posts

Posted by derricksyl > 2020-06-21 17:18 | Report Abuse

Q1 (-226%) ..... Monday GG

yip_net

298 posts

Posted by yip_net > 2020-06-21 19:57 | Report Abuse

Drop back to mac price.

LKSGSH

524 posts

Posted by LKSGSH > 2020-06-21 20:56 | Report Abuse

Ha ha ha

mf

29,184 posts

Posted by mf > 2020-06-21 20:56 | Report Abuse

Quarter Result on 31-Mar-2020[#1] QoQ - 93.51% YoY - -226.34%.

Posted by AllanTingAS > 2020-06-21 20:59 | Report Abuse

Need to wait for privatization schedule announcement before price moving up. Logically, LTAT want to own it for easy control of company assets without going for messy procedure.

abcb

3,047 posts

Posted by abcb > 2020-06-21 23:49 | Report Abuse

Expecting the new management Groups of Boustead will successfully implemented the restructuring plans and turnaround exercise soon
The first restructuring plans they are going to deal is to privatise the Boustead Holdings

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-06-22 09:02 | Report Abuse

not bad at open, only small retailers disposing due to panic sell

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-06-22 09:04 | Report Abuse

those bought below .70 might still put hope for .80 offer and earn .10 right away

Plantermen

2,240 posts

Posted by Plantermen > 2020-06-22 10:05 | Report Abuse

Privatise Glic { Bstead} easier for LTAT to revamp & dispose of landbanks, assets or subsidiaries without the hassle and need to seek regulatory approvals

abcb

3,047 posts

Posted by abcb > 2020-06-22 11:36 | Report Abuse

Everybody is waiting for officially announcement

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-06-22 11:58 | Report Abuse

i believe LTAT is serious bcoz current price was bad for major shareholders

i will hold since my cost at .63, lets see till end year what would happen

Posted by PenangInvestor > 2020-06-22 12:31 | Report Abuse

As long as still under PN, Very high possibility they will proceed for privatisation and annoucement should not latest by Jul. Only concern is how much for privatise

BearishTrend

1,296 posts

Posted by BearishTrend > 2020-06-22 12:31 | Report Abuse

No more announcements until it reach 30cts

Plantermen

2,240 posts

Posted by Plantermen > 2020-06-22 15:10 | Report Abuse

ISMAIL {Senior Minister} is from umno. He knows LTAT { armed forces saving funds} is important. Similat to Felda, Felcra, Risda { This group of CORE supporters} need to take care. IF Bstead not privatise LTAT { mark to market} book valuations will take a big hit for their P&L. Imagine from 1.00 drop to 70 sen. LTAT need to fathom in 300 -350 million losses. LTAT cannot declare any dividends for their members. PH was forced to declared 2.5,sen last year { the lowest on record for LTAT} Umno is not making the same mistake

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-06-22 18:07 | Report Abuse

in order to give div, all loss company must be taken out and place in other SPV similar with what TH has done with Urusharta Jamaah

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-06-22 18:08 | Report Abuse

if price drop below .60 will continue collect and keep

abcb

3,047 posts

Posted by abcb > 2020-06-22 23:12 | Report Abuse

Hidden Value: while the low share prices usually provide good opportunities for privatisation,what LTAT is aiming is to unlock the hidden value in Boustead Holdings

yuefei01

152 posts

Posted by yuefei01 > 2020-06-23 09:49 | Report Abuse

Take private, restructure and list back few years later with higher price

abcb

3,047 posts

Posted by abcb > 2020-06-24 11:17 | Report Abuse

Very soon to finalise the privatisation deal
Stay tunes! Be patient!

abcb

3,047 posts

Posted by abcb > 2020-06-24 11:23 | Report Abuse

Waiting for suspension and pending announcement

sten_still

409 posts

Posted by sten_still > 2020-06-24 16:56 | Report Abuse

Are you ready for an excitement journey?

speakup

27,019 posts

Posted by speakup > 2020-06-24 17:00 | Report Abuse

Ananda K style
look at his Maxis, Bumi, etc. All list, then privatise then relist at even higher PE

Posted by yuefei01 > Jun 23, 2020 9:49 AM | Report Abuse

Take private, restructure and list back few years later with higher price

Posted by BousteadInvestor > 2020-06-25 01:32 | Report Abuse

Tomorrow is the day?

Posted by Bill_Fates > 2020-06-25 07:25 | Report Abuse

Yes..today is the day where the bubble will burst..still believe they will pay 80cents if they can get more discount..hahaha

ronnie2u

667 posts

Posted by ronnie2u > 2020-06-25 09:27 | Report Abuse

@abcb seem got lots of insider info on the privatisation deal.... now 80 sen, later 90 sen, then RM1, ....

yip_8988

117 posts

Posted by yip_8988 > 2020-06-25 12:07 | Report Abuse

Waiting 0.40 Cent.

Posted by Value Investor Coo1eo > 2020-06-25 23:38 | Report Abuse

Bastard was RM5 before.

7skies

375 posts

Posted by 7skies > 2020-06-26 17:32 | Report Abuse

woahh...announcmnt kluar oredi or what??

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