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

High5

1,269 posts

Posted by High5 > 2020-07-24 10:08 | Report Abuse

Gap up

High5

1,269 posts

Posted by High5 > 2020-07-24 10:09 | Report Abuse

Engine just started

Posted by hanafi9670 > 2020-07-24 10:18 | Report Abuse

fuhh power...from red to green...ini macam lah...

Posted by PenangInvestor > 2020-07-24 10:19 | Report Abuse

Privatise activity need to announce by next week otherwise have to wait for next 6months.

Posted by hanafi9670 > 2020-07-24 10:19 | Report Abuse

ini askar pnye lah..mau kena bomb ka

Posted by hanafi9670 > 2020-07-24 10:21 | Report Abuse

80sen is a joke...should be 1.50 and higher...NTA is more than 1.5

High5

1,269 posts

Posted by High5 > 2020-07-24 10:25 | Report Abuse

Ancom.log also awaken

BearishTrend

1,296 posts

Posted by BearishTrend > 2020-07-24 10:34 | Report Abuse

80cts is heavy

reiki6

229 posts

Posted by reiki6 > 2020-07-24 12:29 | Report Abuse

landed at Holland

Posted by BousteadInvestor > 2020-07-24 16:16 | Report Abuse

Hanafi9670 will askar has money to privatise?

Is the deal on?

hope888

32 posts

Posted by hope888 > 2020-07-24 16:39 | Report Abuse

The privatisation offer of RM0.80 is too little. The offer should be better. I bought this share at RM0.81 and I am worried. I need at least additional RM0.10 to cover my remisier's commission. I am also worried that the share price will fall badly if the takeover does not go through.

i_investor

934 posts

Posted by i_investor > 2020-07-24 17:02 | Report Abuse

Dear hope888, please see below then you decide for yourself (It is the latest copy available):
http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=201005&name=EA_DS_ATTACHMENTS

Jack

76 posts

Posted by Jack > 2020-07-24 17:19 | Report Abuse

i_investor, whats ur view please?

Posted by learnbyheart > 2020-07-24 17:20 | Report Abuse

Just hold..it is bottom already..with CPO price increasing..nothing to worry

Louis7777

171 posts

Posted by Louis7777 > 2020-07-24 17:48 | Report Abuse

so glad that i cut lose ytd, set ur cut lost point, dun listen to other hold hold hold, ppl ask u hold but self run never tel u, hold hold hold later drop unit mother oso cnt recognise

Posted by learnbyheart > 2020-07-24 18:08 | Report Abuse

louis..mind to share why you bought it?

Posted by BousteadInvestor > 2020-07-24 19:36 | Report Abuse

Lost my money and mind. Bought at 74 sen thought pharmaniaga is going to fly. Sold all 3m shares now lost money. Only can say I stupid. KWAP sold so much. 1 year salary in drain.

Posted by BousteadInvestor > 2020-07-24 19:42 | Report Abuse

I m in Holland now

Posted by BousteadInvestor > 2020-07-24 19:49 | Report Abuse

Louis7777 is better than me. I cut today

mni75

114 posts

Posted by mni75 > 2020-07-24 23:33 | Report Abuse

Because of this ..

Kerajaan yg dahulu;

https://www.bharian.com.my/berita/nasional/2019/11/626288/kerajaan-tidak-lanjut-perkhidmatan-konsesi-pharmaniaga

Kerajaan bersetuju tidak meneruskan perkhidmatan konsesi perolehan ubat dan peralatan perubatan dari Pharmaniaga yang akan berakhir pada 30 November ini.

Pharmaniaga owned by Bstead ..both shares dropped significantly because the previous Pakatan (lucky the gov went to Holland ) and both Bstead (owner of) Pharmaniaga will regain concession for supplying medical and pharmaceuticals to Government hospitals.. so RM billion incoming revenue.. plus Covid 19 vaccine this also will add more billion to Pharmaniaga and will reflect to Bstead..

Yew Kong Yng yky is PH haardcore.. that why campaing like taht..

So thos3 who are inside.. hold.. Vaccine just 3 more months to come..if every student must be vaccinated about 6m x RM200-300 per pax..RM1.8B..

Posted by learnbyheart > 2020-07-25 07:21 | Report Abuse

KYY is just typical speculator..he put nasty article on pharma is to let the people not to dump glove share..glove & vaccine is contradict to each other ..when vaccine is ready mean not more attention to glove share..simple..remember Hengyuan, Jaks, Dayang guys..vaccine will be in play eventually..

jueblue

7 posts

Posted by jueblue > 2020-07-25 08:04 | Report Abuse

learnbyheart, i strongly agree wit u ..last time when in Supermx bashed Harta and how come supermax share can be more expensive than harta..typical PH hardcore is like that..overtake harta share price and now in top glove and vaccine will come as early as October this year..its time to switch from gloves to vaccine..

BearishTrend

1,296 posts

Posted by BearishTrend > 2020-07-25 09:41 | Report Abuse

Fast in fast out.. Sure get it

Plantermen

2,240 posts

Posted by Plantermen > 2020-07-25 09:52 | Report Abuse

During this pandemic outbreak nothing is normal or abnormal. What is certain Pharma is building the factory to process the packing and filling of the vaccine {once the Government source it} announced by KJ. Pharma is owned by Bstead { Bstead is controlled by LTAT} government of the day needs the support of the armed forces personnel. This is a fact nothing can change it. LTAT privatise Bstead is a fact announced by their Board. They have a specific reason for their privatise proposal. This is something their Board need to work out based on the LTAT objectives

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-07-25 23:09 | Report Abuse

my opinion, glove will be the theme for another 2 qtrs, before consolidate back to pre-pandemic

pharmaceutical theme will last longer than glove

as for boustead, timing is very important, next qtr might still in loss but afterward will be good once bearish sector bhp, property, trading back to normal

ronnie2u

667 posts

Posted by ronnie2u > 2020-07-26 00:32 | Report Abuse

Next week would have some privatisation announcement. LTAT to take private : ON or OFF

Posted by BousteadInvestor > 2020-07-26 14:07 | Report Abuse

Monday what to do

hoowk77

438 posts

Posted by hoowk77 > 2020-07-26 14:28 | Report Abuse

Loan obtained right? It will be void if takeover don't go through. Time & energy wasted..

Posted by rayqalissa > 2020-07-26 22:45 | Report Abuse

This counter got big potential plus under new ceo leadership dato khaled nordin - ex MB Johor. Can read through his achievement during his service as MB. Believe he has his vision and stragety how to make this compamy better futurre.
And now covid 19, all over the world take it seriously and big amount being invested to expedite the vaccine.
There are 23 potential vaccines developed and 3 candidates already passed the clinical trial and go for final stage of testing.
1. Moderna vaccine enter the final stage of human trials for its COVID-19 vaccine on July 27.
2. Oxford-AstraZeneca Covid-19 vaccine show good immune responses without side effect.
3. Chinese-made vaccine from Sinovac Biotech at final stage of testing in Brazil.

n3lly

51 posts

Posted by n3lly > 2020-07-26 23:38 | Report Abuse

quick check on the SC's take over guideline:

Holding announcements under paragraph 9.07
3. An offeror shall announce his firm intention to make a take-over offer within
two months from his first preliminary announcement unless an extension of
time has been granted by the SC.

any possibility of extension? they are cutting it close since everyone eyeing on month end.

Posted by Jonathan Keung > 2020-07-27 09:53 | Report Abuse

Turnaround story for Bstead . Pharma government concession , Bplant { CPO hitting $2900 per tonne }, BHIC { new placement from government } sale of Bproperties land { holding prime land } BHP petroleum if proposal to dispose materialise { gains realizable }

ronnie2u

667 posts

Posted by ronnie2u > 2020-07-27 10:59 | Report Abuse

Maybe firm announcement before holiday on Friday

bbbbbb

46 posts

Posted by bbbbbb > 2020-07-27 11:12 | Report Abuse

buy.....buy..... so many people buy at 0.81..... now .70 just buy sure will up soon...

reidtee

269 posts

Posted by reidtee > 2020-07-27 11:17 | Report Abuse

when pharma is up, just buy bstead. nothing to worry

bbbbbb

46 posts

Posted by bbbbbb > 2020-07-27 11:22 | Report Abuse

i buy bstead because BHP petrol , not pharma...

bbbbbb

46 posts

Posted by bbbbbb > 2020-07-27 11:23 | Report Abuse

so cheap the price with BHP petrol just .70??

abcb

3,047 posts

Posted by abcb > 2020-07-27 11:38 | Report Abuse

BHP Station should worth more than RM1.5 billion

Abba84

986 posts

Posted by Abba84 > 2020-07-27 16:06 | Report Abuse

price cant move up stays stagnnant .0.680 operator depressing its ?

ronnie2u

667 posts

Posted by ronnie2u > 2020-07-27 16:52 | Report Abuse

but i think BOUSTEAD didn't hire any lawyers/accountants yet...
Because there's no official announcement

ronnie2u

667 posts

Posted by ronnie2u > 2020-07-27 16:54 | Report Abuse

BOUSTEAD has cash and cash equivalents stood at RM893.8 million.

bbbbbb

46 posts

Posted by bbbbbb > 2020-07-27 17:26 | Report Abuse

don't worry, new boss can do somethings, who is big boss?pls go to check, sure no problem.

bbbbbb

46 posts

Posted by bbbbbb > 2020-07-27 17:27 | Report Abuse

0.68 ??? so cheap, tomorrow buy ..buy..buy...

Posted by Jonathan Keung > 2020-07-27 17:42 | Report Abuse

Bstead has their own in house legal team plus external lawers acting as company legal advisers. banks have their own legal consultants preparing the own loan documents. No necessary to appoint on an ad hoc basis

Posted by BousteadInvestor > 2020-07-27 17:55 | Report Abuse

We refer to the announcements dated 28 May 2020 in relation to the Proposal ("Announcements").



The Company wishes to announce that the Company had today received a press notice from Lembaga Tabung Angkatan Tentera ("LTAT") informing that there has been no material development in respect of the Proposal.



As highlighted in the Announcements, the Proposal is subject to, amongst others, the finalisation of the structure of the Proposal, the requisite funding for the Proposal and the required regulatory approval(s) for the Proposal.



THE COMPANY WISHES TO HIGHLIGHT THAT THE PRESS NOTICE ISSUED BY LTAT DOES NOT AMOUNT TO A FIRM INTENTION BY LTAT TO UNDERTAKE THE PROPOSAL. ACCORDINGLY, THERE CAN BE NO CERTAINTY THAT LTAT WILL PROCEED WITH THE PROPOSAL.



Please refer to the attached press notice by LTAT for further details.



SHAREHOLDERS ARE ADVISED TO EXERCISE CAUTION AND SEEK APPROPRIATE INDEPENDENT ADVICE WHEN DEALING IN THE BHB SHARES SINCE THERE IS NO CERTAINTY THAT LTAT WILL PROCEED WITH THE PROPOSAL.



This announcement is dated 26 June 2020.

today is last day of two months?

Posted by BousteadInvestor > 2020-07-27 17:57 | Report Abuse

We refer to the announcements dated 28 May 2020, 29 May 2020 and 26 June 2020 in relation to the Proposal (“Announcements”).



The Company wishes to announce that the Company had today received a press notice from Lembaga Tabung Angkatan Tentera (“LTAT”) informing that the Securities Commission Malaysia had, vide its letter dated 24 July 2020, approved LTAT’s application for an extension of time until 27 October 2020 for LTAT to announce its firm intention in relation to the Proposal.



Save for the above, there has been no material development in respect of the Proposal.



As highlighted in the Announcements, the Proposal is subject to, amongst others, the finalisation of the structure of the Proposal, the requisite funding for the Proposal and the required regulatory approval(s) for the Proposal.



THE COMPANY WISHES TO HIGHLIGHT THAT THE PRESS NOTICE ISSUED BY LTAT DOES NOT AMOUNT TO A FIRM INTENTION BY LTAT TO UNDERTAKE THE PROPOSAL. ACCORDINGLY, THERE CAN BE NO CERTAINTY THAT LTAT WILL PROCEED WITH THE PROPOSAL.



Please refer to the attached press notice by LTAT for further details.



SHAREHOLDERS ARE ADVISED TO EXERCISE CAUTION AND SEEK APPROPRIATE INDEPENDENT ADVICE WHEN DEALING IN THE BHB SHARES SINCE THERE IS NO CERTAINTY THAT LTAT WILL PROCEED WITH THE PROPOSAL.



This announcement is dated 27 July 2020.



Please refer attachment below.
Attachments

Posted by BousteadInvestor > 2020-07-27 19:21 | Report Abuse

Tmrw limit up?

n3lly

51 posts

Posted by n3lly > 2020-07-27 20:44 | Report Abuse

Alamak. Jinxed it.

smartag

176 posts

Posted by smartag > 2020-07-27 20:58 | Report Abuse

Bad or good news?

n3lly

51 posts

Posted by n3lly > 2020-07-28 00:11 | Report Abuse

bad news if glove warrants gain another 500% and you bought this instead. Good news is that at least they are still trying.

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