me too, still holding 61,000 share boustead , wait for it stable. Its need sometimes, currently this couter still trade below fair value. Thats is ok, properly need some news to push up again. Need to be patient...cannot crazy de.
In the Star today. LTAT will trim real estate and equity investment in a move to rebalance portfolio. For trimming public equity investment, is LTAT going to divest part of it's holding in Bstead to a 'strategic investor' ? If yes, at what price? At the early part of the privatisation news, LTAT mentioned there many investors Keen to fund and participate in the privatisation. Just for thought of all possiblity.
One Say 500..... ; Another say ..... 400 ....... ;; I say ...... BUY !! BUY !! .... LoL . Hold Long Term . NAT at Rm2.14 .... ??? True or False ?? Well ..... We shall See .
Muttinvestor, preaching for price drop or price up depend if one 's. motive is to buy or sell. Often, people has ulterior motive for saying something. Hihihi.... At the end of the day you must trust your own analysis and feeling .
I doubt any of the initiative is as effective as just privatising Boustead. Somehow reading whatever materials out there and the different accounts in i3 leading to the lapse, seems like there were rifts between Boustead and LTAT direction.
Generals with no guts yes Mr. Contrarian plus generals helming LTAT "pusing sini pusing sana" for 8 - 10 months decide to do nothing. Continue lose LTAT members $$$.. Imagined in war the consequences
At we can see the statement of ltat published,Worse case for bstead is yet to come...they will consider taking bstead private once it has potential turnaround to have solid results...now ltat need minor share holder to bear togather with them...chine say susah sama tanggung, Senang i akan privatize for own good....sucks management of ltat
@Posted by strawberrymelts > Feb 8, 2021 4:07 PM | Report Abuse its dropping.... should i stay or cut? ... If you have to ask random strangers, you shouldn't be in the stock market.
Go put your money in unit trust or mutual funds instead. You aren't cut out for the stock market.
LTAT is the major shareholder of Boustead, fair value of the share price is 0.80-0.95. Hold until market sentimental is recover than you can consider Sell. But not now
There's a longshot possibility that Boustead might sell off its 20%+ interest in Affin. Doesn't make sense for Boustead to hold this stake. But who might buy?
Actually am curious. Why don’t LTAT force BSTEAD to pay these list co holding shares out as dividend in specie? They can immediately book in the cap gains
Also at 56.5cents closing. Downside is minimal. The only thing you lose is time value. Just convert it into margin and your holding cost is like 4-6%? If it bounce to 80cents. Your upside would be 40%?
BousteadInvestor, you may have asked for the wrong advice. Hahaha... I think it can not continue to stay undervalued for too long. LTAT has no reserve in its book. I am still holding my shares and nimble buy some as it drop .
LTAT 33% of their AUM is over here. how long do you think they can afford not to declare dividend? it will be quite bad for LTAT when 33% of their AUM is not generating any return.
Apart from bstead , LTAT at company level has other non equity investment , though smaller portion, may be able to generate some income to keep some 2% dividend to members. Without dividend from equity investment portion , especially from bstead bhd, LTAT can’t afford to pay higher dividend. Are members happy to continue receiving 2% which is lower the EPF?
doesn't work that way. dividend received from BPLANT might not flow directly to LTAT as BSTEAD might have other plans for it. the whole abandoning of the SCR/Privatization shown that BSTEAD management aren't looking out for the best of LTAT interest despite TheEdge's puff piece or LTAT's face saving press release.
Florence. worst case it will be a post covid recovery play along with genting, airasia, & misc property stocks. maybe Q3/Q4 where institution roll into 2022 valuation? must remember that pre-covid this stock trades around 90+ cents.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
florenceyong
150 posts
Posted by florenceyong > 2021-02-05 16:50 | Report Abuse
me too, still holding 61,000 share boustead , wait for it stable. Its need sometimes, currently this couter still trade below fair value. Thats is ok, properly need some news to push up again. Need to be patient...cannot crazy de.