Posted by Dakewlest > 2023-08-19 22:39 | Report Abuse

Berdasarkan trading volume Jumaat lepas yang hampir 31 juta, mungkin harga boleh naik lagi.

Who knows if the take over price is around 1.50 to 1.70/1.80?

Just my guess…

Posted by sg999 > 2023-08-20 00:00 | Report Abuse

Hopefully 2.5!unlock like IJMplant

Posted by ken > 2023-08-20 10:05 | Report Abuse

Aiyo, don't keep pushing up the TP leh.. later we have too much money, don't know where to keep ...lol..

Posted by stockraider > 2023-08-20 10:51 | Report Abuse

Go for it loh!
Privatization coming mah!

Posted by stockraider > 2023-08-20 11:40 | Report Abuse

U can see, if u invest into Plantations it is like u r investing into past, present & future wealth all in one mah!

Past wealth
1. Suppose u buy into a plantation co with net cash per share at a price of rm 0.70 and this co has an nta of rm 1.20.....u r already benefiting from the past wealth by buying at a good discount loh!

2. Present wealth
Right now u are benefiting from its earnings of 6 sen per share and the div of 3 sen pa....thus giving u a decent earnings & dividend yield while u wait loh!
In addition....should the plantation co revalue its plantation currently....its nta could have been as high as Rm 1.80 giving u another potential higher margin of safety loh!

3. Future wealth.
Going fwd with continue development, economic growth, inflation and the company ability to grow its profit after deducting dividend payout......the future wealth of the co should grow every year......say in 7 yr time.....its value should be able to double loh!
Thus the plantation co u r holding with NAV of Rm 1.80......would have appreciated to Rm 3.60 NAV loh!

That how u invest in plantation....u buy 70 sen at a discount.............u get future wealth of rm 3.60 in 7 yrs time loh!

Very safe & steady investment strategy mah!

Posted by sg999 > 2023-08-20 12:44 | Report Abuse

No worry ken, can put to next plantation stock TSH??haha

Posted by ken > 2023-08-20 13:43 | Report Abuse

TSH may not be that good.. their land in indon. Might as well buy indon plantation stock at sg stock exchange. Some much better than TSH..

Posted by ken > 2023-08-20 13:46 | Report Abuse

Look at putrajaya, nusantara took another 20 years to fully develop... TSH land there might not benefited so soon... 30 years time!!!

Posted by calvintaneng > 2023-08-21 00:15 | Report Abuse

Spore shares i have also bought before like Wilmar, Goldenagri and Bumitama agri

These have very high borrowings plus they have lands in West, Central and South Kalimantan

Tsh on the other hand has sold assets and pared down debts from Rm1.46 billions to only Rm95 millions

Plus Tsh got 94,700 acres chun chun land in East Kalimantan where Indonesia is now constructing its New Admin Capital

Posted by ken > 2023-08-21 07:39 | Report Abuse

Calvin, noted and thanks for info... I will research more on these..

Posted by Johnzhang > 2023-08-21 10:24 | Report Abuse

Ken,
to invest in TSH for its future land value (or future wealth as Calvin put it), I suggest you do thorough study about the Indonesian land code and practices for leasehold agriculture land that apply to foreigner in particular. The agriculture lands owned by foreigners are all leasehold for 30-35 years use only Legally speaking, the land shall be returned to the State upon expiry dates. Will the State grant lease extension especially if the lands are needed for development or has gone up in value considerably ??? If no lease extension, the residual land value will only go down year by year ( there is no future wealth). If lease extension is possible, at what cost will the extension be ??

Not too long ago , i have look into TSH and found out that all the leases are expiring between 2040 to 2051. The weighted average expiry year is by 2044. That means TSH only own the rights to use the land for another 20 years from now.

Does TSH fit into investing for future wealth ?

Just my view for your deliberation. Do you own homework.

Posted by ken > 2023-08-21 10:33 | Report Abuse

John, thank you for info. Appreciated.. currently many counters to buy, still cheap. Don't think TSH is my target.

Posted by Heavy987 > 2023-08-21 10:45 | Report Abuse

Negotiation broken down??

Posted by calvintaneng > 2023-08-21 11:37 |

Post removed.Why?

Posted by ken > 2023-08-21 11:56 | Report Abuse

Calvin, my pocket not deep leh. I have to be accurate and fast. Otherwise where got meat to eat?

Posted by 5354_ > 2023-08-21 12:26 | Report Abuse

If Indonesia so good why so many of them come to Malaysia to work?

Posted by 5354_ > 2023-08-21 12:29 | Report Abuse

ken have to be accurate and fast? Should try Uem S. Property developer for HSR.

Posted by ken > 2023-08-21 12:32 | Report Abuse

I have selected my next one. Started 3 weeks ago. Hapseng con..

Posted by ken > 2023-08-21 12:33 | Report Abuse

Property, cement and steel are hot cake at this moment. I did notice it..

Posted by calvintaneng > 2023-08-21 12:51 | Report Abuse

Ken

hapseng con is filled with debts and might be insolvent

Posted by calvintaneng > 2023-08-21 12:53 | Report Abuse

5354

indonesian workers now very less and 200,000 Indon workers are needed for building Nusantara now

Posted by Johnzhang > 2023-08-21 13:09 | Report Abuse

Hapseng Con up 34 sen leh !💪

Posted by calvintaneng > 2023-08-21 16:05 | Report Abuse

hap seng con

in year 2018
borrowings was Rm4 billions

2023
borrowings increased to Rm7 billions

price up and down is one thing
fundamental is deteriorating


last time our Friend Speakup bought MMAG at Rm1.60

he even made money selling MMAG at above Rm1.80

now is how much ?

MMAG is only 1 sen

go check it out

Posted by value_seeker > 2023-08-21 16:11 | Report Abuse

Will they sell Hap Seng Plantation?

Posted by ken > 2023-08-21 16:15 | Report Abuse

Calvin, I have same worried initially. I think they still can manage.

Posted by calvintaneng > 2023-08-21 16:52 | Report Abuse

Value_Seeker

yes since hapseng in financial constrain it might do two things ..

1.use hs plant to pay more good dividends as hs plant is debt free and cash rich just like Boustead got Rm7 billions debt bomb and needed high cash dividend from bplant

2. or follow Ijm corp in selling Ijmplant to Klk

so the idea of Boustead selling Bplant can also happen to hapseng selling off hs plant

Posted by calvintaneng > 2023-08-21 16:55 | Report Abuse

Hs plant I will give 80 marks and hapseng only 25 marks in the margin of safety

hapseng has high debt of Rm3 billions (Rm7 bil loan versus Rm4 bil cash )

while hs plant got about half billion pure cash and will be giving another good dividend this month soon

Posted by calvintaneng > 2023-08-21 16:58 | Report Abuse

So you can put money in hs plant and sleep soundly every night

for hapseng these can happen

a sudden rights issue to ask money for help

Posted by Dakewlest > 2023-08-21 19:34 | Report Abuse

I guess the price movement is following the same pattern, after new high then drop, then consolidate. After few days, new high again. Hopefully this week can touch RM1.35 to RM1.40.

Posted by ken > 2023-08-21 20:43 | Report Abuse

Agree.. tmr or day after will be above 1.30

Posted by sg999 > 2023-08-21 21:28 | Report Abuse

Plan to take profit for CG and move to CI, any idea?

Posted by Heavy987 > 2023-08-21 22:47 | Report Abuse

Tmr test for new high again ..

Posted by joecool32 > 2023-08-22 13:19 | Report Abuse

https://www.thestar.com.my/business/business-news/2023/08/22/mof-unit-to-buy-2077-boustead-naval-shipyard-stake-for-rm1

Diff boustead but maybe the right one will come soon..............

Posted by Johnzhang > 2023-08-23 09:57 | Report Abuse

Heavy volume on last Friday is digested already. Good chance it will cross $1.30 today or tommorow.

Posted by Heavy987 > 2023-08-23 10:03 | Report Abuse

So positive John ..

Posted by Johnzhang > 2023-08-23 10:47 | Report Abuse

But the hurdle at $1.30 is pretty high just like at $1.00, $1.10, & $1.20 !
Who are blocking it ??

Posted by Heavy987 > 2023-08-23 10:56 | Report Abuse

Mr Ope 🤣🤣

Posted by MarketPredictor > 2023-08-23 15:00 | Report Abuse

QR should be bad...... together with other plantation stocks...... Prices now should be moving becos of bidding of bplant.....

Posted by calvintaneng > 2023-08-23 15:07 | Report Abuse

rm1.32

clap!.
Clap!!
CLAP!!!

Posted by ken > 2023-08-23 15:17 | Report Abuse

Just repair my ceiling two days ago. Broken again..

Posted by ImLearningFromSifu > 2023-08-23 16:35 | Report Abuse

Rm1.38

Posted by Heavy987 > 2023-08-23 16:35 | Report Abuse

Highest volume today

Posted by JackTan1217 > 2023-08-23 17:17 | Report Abuse

Calling calling all the losing Naysayers...

Posted by x_abe81 > 2023-08-23 17:24 | Report Abuse

RM2 easily at this rate. Huge potential with privatisation.

Posted by Johnzhang > 2023-08-23 17:25 | Report Abuse

There you go ...... closed at $1.37 with 34.5 mil share traded today!
My TP of $2.0 or possibly higher is within reach .

Posted by ChloeTai > 2023-08-23 17:49 | Report Abuse

Congratulation to all the long term holders of BPlant. I was thinking let me sell YTL first (after its quarter results on this coming Friday) and transfer to BPlant.

Posted by Dakewlest > 2023-08-23 17:57 | Report Abuse

RM1.40 coming. Hopefully.

Posted by rohank71 > 2023-08-23 18:44 | Report Abuse

1.50 coming

Posted by ken > 2023-08-23 20:03 | Report Abuse

Congratulation to all bplant patient shareholders. Ini Kali kaya-raya Liao .. 1.30 pecah, coming 1.40, 1.50 then 2.00. Finally 2.50. I like sg999 proposal 2.50..

Posted by rohank71 > 2023-08-23 20:40 | Report Abuse

Suspended tomorrow