In AGM yesterday, it was mentioned that the management will get the disposal of whole Sarawak estates completed by end of this year . Once it is done, valuation will improve. Dividend will be consistently good if CPO price stay above $4,000/- in next few years.
Can keep in refrigerator also same with Jtiasa. Don't think share price can up above RM 1.now OMLY hope can maintain this price and get few cents dividend. Hahahahahaha
Sarawak Estate is a joint venture betw Pelita and Bstead. Kanowit is a big estate but only draw back is the high planting cost {peat soil} whether is a good deal really relies & depends on the pricing. Initial entry price is very low vs current Cpo valuation. Need to wait for more details
2022 - 7.3ct 2021 - 8.35ct 2020 - 1.00ct 2019 - 1.00ct 2018 - 7.00ct 2017 - 19.50ct 2016 - 14.50ct 2015 - 13.0ct 2014 - 6.00ct Total = 77.65ct (Over a period of 9 years & 2022 is still going to receive dividends).
So, for me, investing in Bplant for long term dividend payment basis, will very soon ensure my Bplant is FOC (free of charge) because I will continue to receive dividends from Bplant.
The above is actual record from Bplant's website.
One day, if something excellent comes out from Bplant benefiting LT shareholders, I will reap a huge financial jackpot while my Bplant is already FOC, and this is a wise investment policy I hold & advocate.
Bplant still unperformed despite good dividend and relative strong performance. Problem lies with LTAT disposing and rebalancing their portfolio. If a competent Fund manager will do a reverse strategy. After all Boustead holds 57% and LTAT another 12%. A combined stake of 69% plus other GLic link institution's another 5% just push it up
Best of times or worst of times when market uncertainty hits every sector. Either you win big { picking up sector oversold or be a lemon } one last word .food inflation, high fuel coat & high commodities prices is here to stay.
@ Yippy Circumstances has changed. Global uncertainties. Volatile markets. Cash out. Convert equities to cash. Sell low and hopeful there's an opportunity to buy it back lower.
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....
ImLearningFromSifu
292 posts
Posted by ImLearningFromSifu > 2022-06-14 09:32 | Report Abuse
"HIJAU HEAD" for the first time past few days....