buying share should be the share when up is sell, when down is buying, how come all always when the price shoot up and want sell when price going down. how you all not going to loss money
People tend to chase but look at gloves. Sometimes lose a little but gain { profit} when momentum is there. just my own view. Always look at your own risk appetite
I think they will highly proceed with the privatization proposal. This is to maintain their reputation and The Authority will press them in order to maintain our integrity of Bursa. After all, it will be win win situation.
Contract award was given in 2011 when Umno was holding sway in government policies. LTAT was under Lodin ( Najib trusted right hand man ) boustead naval shipyard was formerly owned by PSC industries bhd { an ailing company in 2005 ) the government under Barisan enforced the merger of PSC under Bstead naval shipyard bhd.
Boustead does hold pharma but at the same time it held also many others, which aren't making money. I am holding boustead because I bought high. Of course I want it to fly. However on another side of analysis, if Pharma wins them some and others lose them more, wouldn't that be like, masuk RM1 keluar RM2 ? So 1 tolak 2, what do we have? -1 ?
i_investors : My reply is a basis to another poster who claimed Pharma gives out huge dividend and when they do give 100mil, Boustead takes 56mil.
The analysis is , if we based on Pharma dividend to determine Boustead price rise, what happens to those that they're holding that aren't giving out those dividends and some who making lost which are more than the profit they will take in? Does it mean, price goes down?
The point is, Pharma dividend cannot be the yardstick for us to determine that Boustead price will go up. They're no only holding Pharma. They are holding many, which one of them is Pharma.
Without prejudice. Bstead has fallen from their high of $5.50 to this low 60+.they hold many prime lands and lucrative business like Pharma, BHP petroleum, Affin banking group and UAC not forgetting BPlant. They have all the right diversify business but top heavy bureaucratic has down atheir operations and stiffen their growth and expansion. At one time Barlow Boustead was a respectable planter like KLK. Just my 1 sen worth
Planterman, you are right. However, what they once were, aren't very much gonna make any miracle happening. I have known also companies who were once great but dropped till even their mother could not recognise them. Boustead was an old name, a name of foundation. But today, it no longer holds that stature in their stocks. We may love their business, but profits and loss sometimes revolve around, who they have to pay and who is " really " running the company as well. A supposedly profitable company can become unprofitable too under the wrong " real " management. I think we know this country by now.
As I said, I am holding Boustead, I buy in late, only at 0.72 average price. I am now still at the loss. I am now cursing it to drop further. I am hoping it go to high fast. I am merely saying, I can't really see the light at this juncture, which is worrying for myself. But I will still say it, despite it being in such state.
Dear nokia8250, BSTEAD is government's baby so don't worry. Won't die. Furthermore,
1. BSTEAD BHP Petrol is cash cow.
2. BSTEAD sold a parcel of land recently at RM138 million which works out to be RM1,081 psf (cost is only RM191 psf).
3. Another part of BSTEAD land bank measuring 0.2 acres will be acquired by the government as part of a compulsory acquisition, in which Mutiara Rini and LTAT have agreed the purchase price will be adjusted accordingly.
4. The vaccine facility will be located on a 26,013 sq m (280,000 sq ft) land at its existing plant site in Puchong with support and help from TDA the agency, which is under the Ministry of Finance.
Some party already in control of at least 200m shares wallap from public.. good enough to press any retailer who are trying to take a hit for contra run
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Posted by Good123 > 2020-07-29 13:52 | Report Abuse
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