Posted by brianklc > 2020-11-17 10:14 | Report Abuse

@plantermen, pls check your facts, the details are wrong

Posted by Victorino > 2020-11-17 12:52 | Report Abuse

Steady..

Posted by brianklc > 2020-11-17 12:56 | Report Abuse

Thought there is “cyber sales” to grab more, in the end, it’s just a flash sales...

Posted by Letsfly > 2020-11-17 14:41 | Report Abuse

When my bank plant release qr? Mari mari send me to the moon.. Thank you

Posted by Bennychua007 > 2020-11-17 15:27 | Report Abuse

Fgv post nice qr also cannot up.forgot about it man

Posted by brianklc > 2020-11-17 15:38 | Report Abuse

revised projection, using fgv average sales price as projections, bplant profit will be in the region of 50-60mil...

Posted by brianklc > 2020-11-17 15:40 | Report Abuse

if cpo price can sustain till end dec, we may see 100mil profit like victorino claims

Posted by brianklc > 2020-11-17 16:04 | Report Abuse

fgv is back to its Jan'20 level, bplant still have 100bps+ till it reach pre-covid level

Posted by Jonathan Keung > 2020-11-17 16:05 | Report Abuse

FCPO holding well past >3,200 per tonne { Dec/Jan/Feb/Mar}

Posted by brianklc > 2020-11-17 16:57 | Report Abuse

how many % are sold using spot are unknown, so to be prudent, best to maintain the current price till end Jan.

Posted by brianklc > 2020-11-17 17:14 | Report Abuse

https://www.theedgemarkets.com/article/fgv-expects-cpo-trade-between-rm2500-and-rm2600-tonne-1h21

Posted by Victorino > 2020-11-17 17:33 | Report Abuse

Soy oil shoot up..

Posted by Lukey_Greek > 2020-11-17 22:04 | Report Abuse

My prediction is more prudent, gross profit around 11m. Good enough for me.

Will hold through Q4 QR for the extraordinary profit.

Posted by MuttsInvestor > 2020-11-18 00:44 | Report Abuse

https://www.cnbc.com/quotes/?symbol=@S.1 ... Soya just HIT another high.

It is JUST CRAZY !! ( I never thought I would say that )

https://www.marketscreener.com/quote/future/CPO-CPO-CMG-ELECTRON-16222/charts/#

( Technical Indicators are BULLISH of Short , Mid and Long Term ) . Long time since this Happend. ( Still Surprised !! )

Posted by MuttsInvestor > 2020-11-18 00:48 | Report Abuse

https://www.theedgemarkets.com/article/fgv-expects-cpo-trade-between-rm2500-and-rm2600-tonne-1h21

FGV Boss made Headline Comment of PO at Rm 2,500 to 2,600 in 2021. ........ Hmmm. Wonder why he SAID that ? Any Boss would make it Bullish since Current PO price is at Rm 3,300 already . Take Over theory ???

Posted by Victorino > 2020-11-18 04:30 | Report Abuse

Ioicorp QR 277M, bplant 100M..

Posted by Victorino > 2020-11-18 08:45 | Report Abuse

Soy all time high reached 4800

Posted by MuttsInvestor > 2020-11-18 11:40 | Report Abuse

https://www.world-grain.com/articles/14468-usda-lowers-corn-soybean-output-forecast ..... output lower than forcast.
Dry weather in US and Brazil are slowing PLANTING of Soya in Nov. Brazil is significantly BEHIND in their planting due to DRY weather ( LaLina ).

Posted by limkokthye > 2020-11-18 23:09 | Report Abuse

plant 30unit ,waiting to bear fruits

Posted by hng33 > 2020-11-19 12:10 | Report Abuse

BP to release Q result very soon, expect EPS 3sen

Posted by calvintaneng > 2020-11-19 12:37 | Report Abuse

Eps 3 sen?

Then annualised 12 sen

If P/E 10 then jtiasa Rm1.20

You so clever

Posted by calvintaneng > 2020-11-19 12:38 | Report Abuse

Jtiasa the supermax of Cpo

Posted by Plantermen > 2020-11-19 14:56 | Report Abuse

Calvintaneng : any possibility of an interim pay out dividend { this will boost BPlant} price

Posted by Letsfly > 2020-11-19 15:10 | Report Abuse

bplant = Best Plant :D

Posted by brianklc > 2020-11-19 15:49 | Report Abuse

hng33, EPS 3 sen is around 70mil quarter profit.

Posted by brianklc > 2020-11-19 16:03 | Report Abuse

No more cybersale/flash sale?

Posted by Aurora13 > 2020-11-19 22:58 | Report Abuse

Windfall tax on palm oil industry... Our brilliant MP

Posted by brianklc > 2020-11-19 23:29 | Report Abuse

Glove gang detected!

Posted by limkokthye > 2020-11-20 07:51 | Report Abuse

Sawit anugerah tuhan

Posted by Letsfly > 2020-11-20 11:01 | Report Abuse

Windfall tax is an existing implementation.. Don't be too bothered by it... The tax is only up to 3%

Posted by brianklc > 2020-11-20 11:16 | Report Abuse

Windfall if implemented, will only be for gloves industry, oil palm industry a long way to go.

Posted by brianklc > 2020-11-20 11:18 | Report Abuse

MP propose windfall tax for those industry benefited from COVID 19 pandemic, which is gloves. Oil palm suffered badly in 1st half of the year when CPO price falls badly and lower production due to MCO.

Posted by brianklc > 2020-11-20 11:20 | Report Abuse

Happy to see gloves player like aurora13 to start running from top glove n paying attention in bplant.

Posted by brianklc > 2020-11-20 11:31 | Report Abuse

More to gloves to come here, no matter how small they are... Welcome!

Posted by calvintaneng > 2020-11-20 14:50 | Report Abuse

Planter men

If bplant management wants to give dividend it can dispose some plantation assets and give out very excellent dividends anytime

Posted by calvintaneng > 2020-11-20 14:51 | Report Abuse

Bplant has 1000 acres lands near Penang book value only Rm5,000 an acre

Anytime it wants to sell there are many buyers waiting

Posted by Letsfly > 2020-11-20 15:16 | Report Abuse

5k an acre, means if after re-evaluation, can easily bring back more than 100x value...

Posted by Kishin Sham Mahtani > 2020-11-20 15:19 | Report Abuse

when do they plan re-evaluate ?

Posted by calvintaneng > 2020-11-20 16:35 | Report Abuse

Excellent time to buy on weakness

Next week all plantation stocks will report excellent Turnaround results

Posted by Letsfly > 2020-11-20 16:46 | Report Abuse

hopefully my best plant do well like FGV and ioi plant :D

Posted by Opportunate > 2020-11-20 21:32 | Report Abuse

Bustead Plantation valuable land potential for property development ( refer to Annual Report property list and Quarterly Report )

1. Semenyih. Pending disposal. Value at RM195MM
2. Balance of Malakoff Estate land . Use 2018 disposal price as reference. Value at RM500MM

For longer term. If materialise

Kulim International Airport. Earmark at Sidam Kiri. BPlant has few estates at surrounding area.

Posted by Opportunate > 2020-11-20 21:41 | Report Abuse

https://www.freemalaysiatoday.com/category/nation/2019/05/22/small-padi-town-earmarked-for-new-kulim-airport/

Posted by Opportunate > 2020-11-20 21:43 | Report Abuse

https://www.freemalaysiatoday.com/category/nation/2020/10/29/kedah-will-turn-to-private-sector-if-govt-loan-for-kulim-airport-falls-through-says-mb/

Posted by Jonathan Keung > 2020-11-20 23:38 | Report Abuse

PI {pas} government wants to show case the airport as thier icon development. Kelantan, Terengganu and now Kedah falls under their armpit after the Sheraton moves

Posted by chshzhd > 2020-11-20 23:58 | Report Abuse

cpo price rise rise rise .. but oil palm shares "dare not" to wake up:)
.. the volcano is going to explode :) 火山要爆发了：） gunung berapi akan meletup:)

Posted by johoran > 2020-11-21 00:40 | Report Abuse

Price from 0.44 up to 0.61.. need take a breath...be patient ..
Next level 0.75- 0.8 after QR

Posted by johoran > 2020-11-21 00:41 | Report Abuse

Malakoff estate 500M wah...

Posted by johoran > 2020-11-21 00:47 | Report Abuse

I found this news 2018

KUALA LUMPUR (Jan 24 2018): Boustead Plantations Bhd (BPB) plans to sell plantation land to pay off debts and tax.

The plantation group announced this evening that it intends to dispose of three parcels of freehold plantation lands measuring 138.89 hectares on mainland Penang for RM136.04 million to repay RM127.5 million bank borrowings, and RM6.8 million real property gains tax.

BPB has entered into two sale and purchase agreements with Sunrich Conquest Sdn Bhd and Titanium Greenview Sdn Bhd for the sale of 82.84 hectares, and 56.05ha of land, for RM81.14 million and RM54.9 million, respectively, according to the filing with Bursa Malaysia.

The sale by BPB was represented by CIMB Islamic Trustee Bhd, which also holds all plantation assets of Al-Hadharah Boustead REIT.


The sale consideration represents a premium of RM5 million or 4% over the fair market value of the lands of RM131 million accorded by the valuer Jones Lang Wootton.

BPB said in the announcement to the stock exchange that the lands form part of the 677.78ha Malakoff Estate in Tasek Gelugor, and it will continue to own and operate its plantation business on the remaining 562.33ha of the estate.

BPB said the lands’ strategic location provide an opportunity to realise the capital appreciation of the lands by disposing them at a substantial premium over the net book value of the lands.

In a separate statement BPB vice chairman Tan Sri Lodin Wok Kamaruddin said the proposed sale was an ideal opportunity for the group to enhance value for shareholders.

BPB will realise an estimated gain of about RM115.9 million upon completion of the proposed sale, representing an upfront gain of about RM834,000 per ha that would raise its shareholders value by about seven sen per BPB share, said Lodin.

By using the realised funds for repayment of bank borrowings, it will be able to carry out strategic expansion in new plantation land banks, hence growing BPB’s plantation revenue and profit in the future.

The proposed sale is subject to conditions precedent, amongst them obtaining the necessary approvals from the Estate Land Board and the Economic Planning Unit.

The proposed sale is expected to be completed by the third quarter of 2018.

At closing, BPB share price rose four sen or 1.43% to RM2.83 for a market capitalisation of RM2.65 billion.

Posted by DreamSorcerer > 2020-11-21 00:52 | Report Abuse

No movement at all

Posted by DreamSorcerer > 2020-11-21 00:52 | Report Abuse

Lagi tidor juga kah