BOUSTEAD PLANTATIONS BHD

KLSE (MYR): BPLANT (5254)

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16 people like this.

12,578 comment(s). Last comment by newlyblaze 1 month ago

Posted by value_seeker > 2023-06-23 13:21 | Report Abuse

The price might fluctuate between those range- possible.

adikkici

888 posts

Posted by adikkici > 2023-06-23 14:39 | Report Abuse

Bstead 85.5 sen only

mangkal1

19 posts

Posted by mangkal1 > 2023-06-23 15:14 | Report Abuse

Game over. Thank you and come again next time. RIP to those who bought at 0.90 and above.

investor77

813 posts

Posted by investor77 > 2023-06-23 15:45 | Report Abuse

BHoldings 57% holdings in B Plant is NonTrading, i.e. must get Govt approval to sell to interested parties. !! Almost at second half of trade, price will go down. Market maker trying to shake off weak holders and Contra Players. Also CH due to expire very soon, so Inv Bank may not want to pay Call Warrants holders if price exceeds Ex Px of 78 cents. !!

Posted by value_seeker > 2023-06-23 16:28 | Report Abuse

Same as Bostead- need approval but ok.

rohank71

911 posts

Posted by rohank71 > 2023-06-24 15:00 | Report Abuse

looking at price movement looks like there may not be any deal to privatise or sell BPlant. morning jumps and by close its weak.

rohank71

911 posts

Posted by rohank71 > 2023-06-24 15:01 | Report Abuse

same happen few days. sellers too strong and overpower buyers.

rohank71

911 posts

Posted by rohank71 > 2023-06-24 15:02 | Report Abuse

resistance at 95 and support at 88. if 88 broken will be down to 80 and 75.

rohank71

911 posts

Posted by rohank71 > 2023-06-24 15:04 | Report Abuse

looks like even if a deal happens, it at 1.00 or max 1.10. risk reward is not worth it.

speakup

27,040 posts

Posted by speakup > 2023-06-24 15:41 | Report Abuse

Lu takut lu jual. 🐓
Simple as dat

rohank71

911 posts

Posted by rohank71 > 2023-06-24 19:29 | Report Abuse

90 sen sell buy back at 80. go up loss 10 sen from 90 sen.. go down potential loss 10 sen from 80 sen.

rohank71

911 posts

Posted by rohank71 > 2023-06-24 19:30 | Report Abuse

do ur own math and decide based on ur risk reward.

rohank71

911 posts

Posted by rohank71 > 2023-06-24 20:58 | Report Abuse

Once above 95 buy and sell if comes below 95. risk reward in mind.

rohank71

911 posts

Posted by rohank71 > 2023-06-25 16:37 | Report Abuse

Good work Sslee. agree with U on all your points.

rohank71

911 posts

Posted by rohank71 > 2023-06-25 21:40 | Report Abuse

Sslee, we need more minority shareholders/retailers to be proactive and understand market like you.

JJFinn

100 posts

Posted by JJFinn > 2023-06-26 10:09 | Report Abuse

Well done Sslee.

Dakewlest

1,758 posts

Posted by Dakewlest > 2023-06-26 10:13 | Report Abuse

Bila dijangka tahu result bid?

mangkal1

19 posts

Posted by mangkal1 > 2023-06-26 10:16 | Report Abuse

Price still around 0.85 to 0.91? When dropping to 0.60 again since dividend already paid out and sale postponed?

Johnzhang

3,098 posts

Posted by Johnzhang > 2023-06-26 11:55 | Report Abuse

I am also waiting for price to drop to $0.60 .

Posted by Cryptolover > 2023-06-26 12:03 | Report Abuse

chance of an arbitrage in this counter?

speakup

27,040 posts

Posted by speakup > 2023-06-26 12:37 | Report Abuse

Me too waiting for 60¢ to sailang

Johnzhang

3,098 posts

Posted by Johnzhang > 2023-06-26 17:00 | Report Abuse

The Edge report it again on 26/6/2023!

Johnzhang

3,098 posts

Posted by Johnzhang > 2023-06-26 17:01 | Report Abuse

Asked to comment, Boustead declined to respond to The Edge’s queries.

Berlin

384 posts

Posted by Berlin > 2023-06-27 09:15 | Report Abuse

There is something brewing in BPlant; what we can only guess at. The company's announcement neither confirms or denies there are ongoing talks; only no agreement signed. Whether can buy around 90 sen, we can only speculate. It is a calculated bet.

Johnzhang

3,098 posts

Posted by Johnzhang > 2023-06-27 09:23 | Report Abuse

Weigh the risk and reward. You will know how to make a decision.

Johnzhang

3,098 posts

Posted by Johnzhang > 2023-06-27 09:48 | Report Abuse

Retailers who don’t have patience to wait for 1-2 months for the deal to be wrapped up shouldn’t touch this stock . Market operators will continue manipulate until the deal is announced.

calvintaneng

56,624 posts

Posted by calvintaneng > 2023-06-27 10:35 | Report Abuse

Theedgedaily has posted twice on bplant rumour of sales to Wilmar, Ytl, Ioi corp or Klk

and just because of yesterday's 2nd posting we see bplant spike up over to 93 sen now from 88.5 sen

this is happiness for all who bought Bplant cheap at only 57 sen in year 2021

now many naysayers who condemned our buy call at 57 sen have surprisingly turned bullish after price up so much ?..

So this is the time to tread cautiously and not take too high risk

Please take care as news not yet verified by official announcement from Bplant

over a longer term Bplant should be good but the same cannot be said for day traders, punters or contra players

Posted by blackrock88 > 2023-06-27 10:36 | Report Abuse

Bplant cannot admit the deal at this time for sure due to strict confidentiality, same thing happened to other companies from previous deals. Just be patient until early Jul

speakup

27,040 posts

Posted by speakup > 2023-06-27 10:46 | Report Abuse

Why nobody push down to 60¢ for me sailang?

rohank71

911 posts

Posted by rohank71 > 2023-06-27 12:05 | Report Abuse

today boustead delisted. no need for bousted to comply to Bursa rules anymore. they can do any deal and not need to be under bursa watch

brianklc

1,624 posts

Posted by brianklc > 2023-06-27 12:49 | Report Abuse

What logic is this?

speakup

27,040 posts

Posted by speakup > 2023-06-27 12:54 | Report Abuse

Operator dare not push down cos know a lot ppl here will grab cheap

rohank71

911 posts

Posted by rohank71 > 2023-06-27 13:09 | Report Abuse

logic, coz now any rumours Bursa can only question BPlant and Bplant can't give any answer as its their shareholder doing a deal. shareholder do not fall under bursa rules.

rohank71

911 posts

Posted by rohank71 > 2023-06-27 13:10 | Report Abuse

shareholder only falls under SC rules. unless SC query. SC don't query. did unsee LTAT questioned on rumours?

rohank71

911 posts

Posted by rohank71 > 2023-06-27 13:11 | Report Abuse

bursa can't query or reprimand unlisted entity. listed entity can only reply based on what their shareholder says.

rohank71

911 posts

Posted by rohank71 > 2023-06-27 13:12 | Report Abuse

operator can goreng now on rumours. no one to deny.

The_JQuestion

1,699 posts

Posted by The_JQuestion > 2023-06-27 13:15 | Report Abuse

Always get free money... like entering cheat codes into the game,, aka free money cant find in casino but in bursa !!

EVEBITDA

145 posts

Posted by EVEBITDA > 2023-06-27 14:22 | Report Abuse

Looking at price trend, good chances of a deal being announced soon. i think the winning bid will be announced this Friday or early next week.

speakup

27,040 posts

Posted by speakup > 2023-06-27 14:39 | Report Abuse

Rebuttttttttttttttt 😍

speakup

27,040 posts

Posted by speakup > 2023-06-27 14:40 | Report Abuse

Ini kalilahhhhhhhh 🤗

Zhuge_Liang

2,432 posts

Posted by Zhuge_Liang > 2023-06-27 15:07 |

Post removed.Why?

calvintaneng

56,624 posts

Posted by calvintaneng > 2023-06-27 15:07 |

Post removed.Why?

calvintaneng

56,624 posts

Posted by calvintaneng > 2023-06-27 15:10 | Report Abuse

Hahaha

Zhuge is here

Is this an uptrending stock in your chart?

Zhuge_Liang

2,432 posts

Posted by Zhuge_Liang > 2023-06-27 15:12 | Report Abuse

Yes. This is an uptrending stock.

speakup

27,040 posts

Posted by speakup > 2023-06-27 15:46 | Report Abuse

Dun sell until 1.50
If drop, just topup

Johnzhang

3,098 posts

Posted by Johnzhang > 2023-06-27 16:53 | Report Abuse

Zhuge, when I said I am also waiting for $0.60 is merely echoing someone’s call . Not serious about it . Haha….. . You must read between the lines .

Sslee

6,851 posts

Posted by Sslee > 2023-06-27 18:25 | Report Abuse

If by next quarter result out still no news on VGO then most likely price will drop for you to collect at RM 0.6

Johnzhang

3,098 posts

Posted by Johnzhang > 2023-06-27 20:07 | Report Abuse

@Sslee, I hope what you said comes true . I have the time to wait but boustead/LTAT have no time to wait for more than 1 year . Haha

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