Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
Already in the news why scared, just wait for the buy out offer as boustead holding company needs the money for restructuring. I buy more and wait quietly. Market good or bad also nothing doing as it won't change the course of the company. Holding company already in talks with their advisors to dispose and finalise the price.
Slowly but surely going up then suddenly suspend for announcements. Bplant is for sure heading up once sale of assets is confirmed. Huge dividends will be paid so that boustead holdings will benefit and pare down debts. Hehehe
The M&A will happen as company made it very clear on looking for buyer for their sarawak plantations. So please do more research then u will be ahead of the market.
Today price adjust on the dividend. Looks good if maintain higher profit then higher dividend payout as boustead holdings needs the money. Looking at production is higher again which would indicate stronger next quarter. Hehehe
When the run on cpo counters come then all will be chasing as the sell out in gloves and bank shares should rotate into hot commodities stock. So just wait and see. Hehehe
Another big gain and big dividend pay out for boustead plantation to shareholders. Looks like stock prices should breakout in the near term as quarter results should be explosive. Good luck guys. Hehehe
As expected oil palm related counters will rally with superb commodities shooting through the roof. Valuations will come in premium for any takeover or selling of palm oil land. The rally for oil palm with strong earnings and high dividend payout will be a game changer. Hehehe
Immediate resistance at 71 and 73. Breaking through would take bplant to break into unchartered territory where 77.5 will not even come into question. And clear skies ahead. Hehehe
@tal, yes as palm oil rally just started with another drop in inventories would continue to push oil palm prices and in return pushing oil palm related counters into a rally. The rally is just beginning. Hehehe
In view of current markets play, palm oil related counters will rally supported by all time high cpo prices. With bplant steady dividends policy, bplant should break through rm1 in near term. Hehehe
Based on every technical factors out there, bplant is poised to break rm1. Record profits and record dividends expected for coming quarter. All palm oil related counters will rally. Hehehe
Just broke through the weekly resistance of 92.5 without any pressure. Breaking rm1 very very soon with palm oil rally after JP turned overweight on palm oil sector. Hehehe
Broke through rm1 with ease. Next quarter should make eps of 5sen and land sale of 19sen,profit through land sale around 13sen. Should get handsome dividend of around 10sen which will take bplant to new heights. Hehehe
Next quarter result any dividend around 10cents should take bplant to new high at around rm2 with CPO prices roaming at record high prices which in turn will bring in great profits for palm oil counters. A great move by Indonesia to restrict 20% of oil production of cooking oil which other vege oil won't be able to fulfill the gap. Hehehe
Resistance 1 at 1.24 and resistance 2 at 1.32. Should break through with ease with sky high prices of palm oil and shortage of sunflower oil from Ukraine crisis. Ukraine sunflower oil accounts for 70% of sunflower oil in the world. Palm oil prices will continue to break new high. Hehehe
Hi T T, yes I invest in taann, jtiasa, rsawit and bplant for plantation sectors. As the oil palm bull run is shaping nicely for the next run up. Hope this helps.
The war will make this CPO bull run to stay for a long time. As supply will not be able to fulfil demand which in turn will cause a strong rally for palm oil counters.
As expected strong rebound after some minor profit taking. Demand will outshine supply. Which in turn will keep pushing palm oil prices higher. This few days the shake out by the big boys to shake out the boys is good to push prices higher without much resistance. Hehehe
CPO prices strong recovery. Uptrend will continue. Bought more bplant, jtiasa, taann and rsawit on weakness. Rally to continue as supply shortages will push prices higher and offer support on the high prices. Hehehe
@TT, kretam earnings seem convincing with company having dividend policy. Any weakness can buy in you should do just fine. With CPO prices hovering at this current prices, all oil palm counters will rally. Good luck.
As the days gets nearer those that will perform is moving up ahead of the upcoming quarter results. Breaking higher and higher with good dividends. Hehehe