BPLANT (5254) Overview - BOUSTEAD PLANTATIONS BHD

facts of life lah
cannot blame LTAT
they sell coz need money urgently
now PM says give them 300 million so no need sell loh.

becomes => sell is actually shares 🙄

11 hours ago

https://www.bharian.com.my/berita/nasional/2023/10/1159901/kerajaan-cari-dana-tambahan-rm2-bilion-bantu-ltat-tak-rugi-pm-anwar

"Tolong berapa? RM300 juta minggu ini. Saya bentang di Kabinet. Semua sokong. (Menteri dari) PH (Pakatan Harapan) sokong, BN (Barisan Nasional) sokong, GPS (Gabungan Parti Sarawak) sokong, DAP sokong.

11 hours ago

and by a miracle....
sslee escaped this Red Wedding carnage by selling at Theoretical Valuation much earlier 🙄

11 hours ago

DJThong

New bid from
eng Yee black star group

10 hours ago

ImLearningFromSifu

😥 BBQ 了

10 hours ago

Often time, don't make conclusion for glc decision too early.
It will turn table last minute regardless deposit or endorsement completed

10 hours ago

https://focusmalaysia.my/not-just-a-cabinet-reshuffle-but-a-revamp-of-the-political-economic-system/

PMX acting as a Reformist to foreigners only. He is no reformist. A reformist will never bully an Indian teenager for asking about meritocracy. A reformist will never waste Public Funds to bailout a failed Bumi company.

Next GE16, please do not vote for PMX and PH! Enough is Enough!

10 hours ago

So, KLK helps to bail out the illing company.
But, the company choose to continue to be ill..and ill be going to stage 3, 4 cancer stage...
So, what is next.... Pn17...

10 hours ago

In another way is good for klk
Continue be the best plantation Co..
Not drag by glc to worsen the balance sheet to rescue company

10 hours ago

Klk is a private company so our tax money not wasted.
But bailout by govt is using our hard earned Tax Payer money!

10 hours ago

Satu conclusion - 60c!!

Touch 60c then buy

10 hours ago

Say NO to PMX
Say NO to PH

I hope PH lose badly in the coming Pahang seat election. I no more support this fake Reformist

10 hours ago

Song Song'

wow , Gi Ba Boom !!!! tmr limit down

9 hours ago

see u at 0.60 tomorrow..😅

9 hours ago

the biggest cheating game ever happened. some happy, some very sad. truly. a good or a wrong decision.

9 hours ago

Invite people come and people come with gift only to be told to go away.

9 hours ago

speakup
Kisah Benar
do you know that if by meritocracy,
the total number of Indian students in Malaysian universities will be more than halved?
She just wanted to sabotage her own Indian race.
The population of Indians dropping but fixed % rate in uni did not drop for a long time.

Posted by speakup > 12 minutes ago | Report Abuse

https://focusmalaysia.my/not-just-a-cabinet-reshuffle-but-a-revamp-of-the-political-economic-system/

PMX acting as a Reformist to foreigners only. He is no reformist. A reformist will never bully an Indian teenager for asking about meritocracy. A reformist will never waste Public Funds to bailout a failed Bumi company.

Next GE16, please do not vote for PMX and PH! Enough is Enough!

9 hours ago

speakup
things are always NOT what they seem
do not be programmed by others, blindly trusting what they say.
It had always been very extremely easy for Indians to enter Malaysian uni, past 50 years....
Indians get to enter uni on way lower grades that Chinese required grades.

9 hours ago

UncleFollower

The Edge got it right again. When was the last time the Edge's "unidentified sources" got it wrong? Imagine Malaysia without the edge....

9 hours ago

All is not lost. A relook at the deal will tell us the value of BPlant share is no lesser then RM1.55 per share, higher than its declared NTA of 1.28.

9 hours ago

UncleFollower

Makes no sense at all for LTAT to abort the deal. What's next in their game plan. Maybe like you said, press it down privatise it like Boustead Holdings, cheap cheap

9 hours ago

Keep an open mind. Hold onto the shares like nothing has happened. God willing, more land will be monetize and dividends will continue the same like before. 😁

9 hours ago

tutup dua mata does not work

biological assets age and die, its not stem cell.

9 hours ago

I believe BPlant will remain listed as it is now. No sale. No privatisation. It has a long history, too historical to has it deleted. LTAT and Boustead Holdings already relieved on raising funds for debts due and no longer need to sell BPlant. Gomen extending funds to help may not necessary translate to bailing out Boustead Holdings.

9 hours ago

now in arm forces, indian out number cinaman

9 hours ago

in police , equally welcomed., they speak better bahasa, some cinaman refuse to catch up.

9 hours ago

Albukhary

Please put yourself into KLK shoe:-

1) KLK already forked out RM100mil to buy the 69mil share from open market. If KLK dispose the share tomorrow and next business day, KLK will have to recognise a realised losses of at least RM50mil-RM60mil. And

2) You need to understand that why the deal being called off, mainly is because of political parties playing the bumiputra issue. So if today Bplant is selling to another Bumiputra company (i.e. Syed Mohktar), do you think it still will be called off? The answer is No, the deal will 100% success. So, as BSTEAD Holding is really really facing cash flow problem, so they have no choice but to find another buyer soon. And this round, there wont be any Chinese company or foreign company participate, so only the few Malay conglomerate companies will participate, and they have no choice to offer higher price, because if they offer below RM1.55, then it will be not fair to all the BPLANT shareholder, why you reject a higher price offer and accept lower price offer.

So back to the topic, if you are KLK, with the 69mil share on hand, now you are the 3rd largest shareholder in BPLANT. If you dispose it, you will having big realised loss. But if you keep the share, or even purchase additional 160 mil share from the market, then KLK shareholding in BPLANT will reach to a significant level of 10%, then KLK will become the King Maker in BPLANT. With this 10% share on hand, KLK can play a very important role in any future decision of BPLANT, no one can privatise BPLAT, no one can takeover BPLANT.

8 hours ago

calvintaneng

BPLANT: LTAT/BOUSTEAD 33% BPLANT STAKE SALE TO KLK CALLED OFF. WILL THERE BE A PLAN B? By Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2023-10-04-story-h-218750999-BPLANT_LTAT_BOUSTEAD_33_BPLANT_STAKE_SALE_TO_KLK_CALLED_OFF_WILL_THERE_

7 hours ago

Icon 888

Game over alrewdy

7 hours ago

=> Game to start tomorrow.

Many will turn up at sex firm offices tomorrow morning before opening time
to execute BPlant share loan agreements
and increase limits by plunking down collateral.

7 hours ago

Arbitragers see a clear path to 60 sen. 😜

7 hours ago

RJ87

Albukhary, ur plan is flawed. Who is gonna fund the 150m replanting? KLK has no incentive. Bplant has no money.
Ur plan is to let everything rot like how bumi usually run their business?

5 hours ago

Johnchew5

Hoho interesting, Speakup is Kon stockraider ..

2 hours ago

Johnchew5

Hoho Conartist Callvin taught u will given alert signal , still remember you n Stockraider promoted Thplant … Thplant want to sell a piece of Plantation land , after dragging a year , is rejected by Gov Regulators… finally is bought by TDM , value is small le ard RM 110 million …same ☂️ …

2 hours ago

Johnchew5

Hoho Koni3lurkker is kixccking konartist sslleee Bunttutt to here ?

1.) On Bplant 1st :

After Lee dumb dumb hold Bplant did not sell at RM 1.20 n above , suddenly dumb dumb sold at ard RM 0.67 with Cost ard RM 0.67 . The price is rebounded from RM 0.64 to RM 1.01 within 11 Days .

Lee must be amm dui liaw , became a Negative commentator in Bplant forum , saying Shl be dropped to RM 0.60…

Posted by i3lurker > 8 hours ago | Report Abuse

and by a miracle....
sslee escaped this Red Wedding carnage by selling at Theoretical Valuation much earlier 🙄

2 hours ago

Cheah5555

I agree with RJ87, not easy to find a new buyer! KLK as a big company could easily absorb the loss but the retailers got burned for change of mind by the top executives playing race card.

1 hour ago

papertrademy

The Edge CEO Morning Brief 5 Oct:

LTAT buys out BPlant after KLK's bid falls through

KUALA LUMPUR (Oct 5): Lembaga Tabung Angkatan Tentera (LTAT) is planning to buy out Boustead Plantations Bhd (BPlant) at an offer price of RM1.55 per share.

This comes immediately after the proposed disposal of a 33% stake in BPlant by LTAT and Boustead Holdings Bhd (Boustead) to Kuala Lumpur Kepong Bhd (KLK) fell through.

"Following this termination, LTAT wishes to also announce that it aims to proceed with the general offer of BPlant at an offer price of RM1.55 per share, subject to regulatory approvals," LTAT said in a statement on Wednesday.
At an offer price of RM1.55 per share, it represents a premium of 22% over BPlant's last traded price of RM1.27 on Tuesday.

....

Ahh LTAT offering same price to buy BPLANT..

1 hour ago

a narrow escape , thank to the directors who made such a fantastic drama. buying share is easy, pay and received, selling is difficult, usually greed kill., sorry to those who trusted all the SIFU, do they ever say sorry to you for asking all to hold., NEVER.

1 hour ago

birkincollector

The edge says LTAT will buy out at 1.55......but i dont think its official offer yet?

1 hour ago

i will not trust LTAT any more.

1 hour ago

Investors are watching. Self inflicted. The future is dim.

1 hour ago