from my understanding/speculation the market is now awaiting for the announcement of the winning bid and the price until than we keep speculating the price.
blackrock88s rumour help price spike morning session. Johnzhangs rumour spike noon session. rumours quota today finish, wait for tomorrow to give more rumours
Very bullish outlook for CPO. This itself is enough to justify Bplant’s valuation to $1.20. Acquirer will ultimately pay more .
Malaysian palm oil futures jumped more than 4.5% to around MYR 3,950 per tonne, rising for the third straight session while approaching their highest level in three months, due to a rally in rival soyoil on concerns over smaller US planting and inventories. The US Department of Agriculture Friday reported much lower-than-expected 2023 soy plantings and June 1st stocks. Meantime, Russia’s envoy to the United Nations in Geneva said there were no grounds to maintain the “status quo” of the Black Sea grain deal that is set to expire on July 18th, according to the Russian news outlet Izvestia said. On the supply side, exports of Malaysian palm oil products for June fell 6.9%, cargo surveyor Intertek Testing Services reported. Another cargo surveyor, AmSpec Agri Malaysia, said exports rose 0.6%. Meantime, Indonesia plans to raise its mandatory palm oil-based biodiesel blending to 40% in the next few years after increasing it from 30% to 35% in February. .
John, YTL is buying the land for non plantation purposes, any CPO price up will only up the expected sales price by LTAT, which will make the negotiation to be harder. And if the reports on YTL buying the land for data centre are true, this would only mean YTL will only be interested in part of bplant land and not its entirety. Not all land are suitable for data centre, especially those in Sabah and Sarawak.
Brianklc, YTL can divest the ‘excess ‘ land to plantation companies , property developers or industrial user based on the suitability of the lands and eventually make a lot of gains. YTL has very deep pockets.
Lets see, the wait will not be long from now. There are so much considerations to be made in such a short time for YTL to come out with the tender price if they were to take up all bplant land.
Somebody says Elon Musk, or Warren Buffett also interested !! Anyway, to Wilmar, sup sup water as Sing is v high to RM. Will be good if higher than NTA of 1.30 at old value. If revalued, NTA can be higher than RM 3.
For sure if take over at RM 1.88 will be good enough for every investor !!
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....
Dakewlest
1,758 posts
Posted by Dakewlest > 2023-06-27 21:25 | Report Abuse
Harap esok naik lebih RM1.01. New 52-week high!