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Overview
Financial Highlight
HeadlinesBusiness Background Boustead Holdings Bhd is a Malaysia-based conglomerate. The company operates in six segments. The plantation division primarily involves the planting of oil palm and processing of crude palm oil. The heavy industries division primarily involves shipbuilding, fabrication of offshore structures, and vessel restoration and maintenance. The property division primarily involves real estate development and leasing, as well as hotel operation. The finance and investment division comprises the company's investing activities. The pharmaceutical division manufactures, trades, and markets pharmaceutical products. The trading and industrial division primarily operates a petrol station network and manufactures and trades building materials.
  Bullhunter Last time they cancel the privatisation and price plunge. Will it be de ja vu? 03/03/2023 3:00 PM TheContrarian 3 pm foreign funds come in to sell, this is common sense due to different time zone. 03/03/2023 3:23 PM TheContrarian @speakup, those who bought above 85.5 sen are merely throwing away their money. 03/03/2023 3:43 PM TheContrarian LTAT and/or friendly parties would have mopped up over 200 million shares so far representing 10% of the total shares. 03/03/2023 4:11 PM ZitradeTrendTrader NEXT RALLY STOCK??!! This stock is GOING HIGHER! Does signal appear? DONT MISS THIS! https://youtu.be/gC48jK5kII0 Please show some support by watching our analysis video:) thank youu 03/03/2023 6:39 PM BobAxelrod33 Affin the sacrificial lamb was used to bailout the others in their stable. 04/03/2023 2:22 PM chinaman gomen has no business in business. then tax payee bail out again. then debts break myr1.4trllion. then gst. 04/03/2023 3:26 PM TheContrarian Ambank buys Affin, windfall for Affin minorities. Go, go, go buy Affin. 04/03/2023 11:32 PM  speakup Affin is too small. They need to merge or he bought over. Same goes for mbsb, alliance bank, bimb. 05/03/2023 8:09 AM  calvintaneng Happy morning all Boustead has reached the ceiling Go for bplant with better upside potential 06/03/2023 9:11 AM calvintaneng Bplant has over 220,000 acres of lands still at old book value Both Boustead and bplant lands and assets got over 100 years history since Long Jaffar founded tin in Larut (circa 1848) Lands bought at rock bottom prices now full of IMMENSE VALUE Just sell one piece Seberang Prai North lands can bring in Rm1 Billions Dividend payout from Bplant will help Boustead 06/03/2023 9:15 AM calvintaneng Boustead only need Rm700 mil plus to take it private Rm700 million plus sap sap sui since Bplant land assets worth multi Billions 06/03/2023 9:17 AM TheContrarian Bplant has landbank ..... Affin has bank ....... sell Boustead and buy both. 06/03/2023 9:56 AM TheContrarian LTAT announced that they have purchased over 211 million Boustead shares from the open market on Friday raising their shareholding to 70%. 06/03/2023 4:18 PM IzwanJohari Boustead needs a change, a takeover could be a good thing. just my opinion 08/03/2023 1:43 PM TheContrarian LTAT is not taking over Boustead, it is already in control of Boustead. LTAT is taking it PRIVATE and delisting it like OSK did on PJ Development Bhd. 08/03/2023 2:02 PM nicholas99 yeah. got land. can privatize.. stock macam pharma. no asset 1. hard a bit 08/03/2023 2:26 PM Johnzhang I think it is too early to rule out that LTAT will not revise up the offer price within the 46 days from Offer Posting Date . At least LTAT has not ruled it out. It all depends on the offer acceptance level . I rather accept LTAT ‘s offer vide the offer document than to sell in open market now . In the event that LTAT decides to up the offer to secure at least 90% control, those who have accepted the offer earlier will get the higher price , but not those who have sold in open market. 08/03/2023 8:51 PM BobAxelrod LTAT does not require the Motion to be voted since they are Majority shareholder with over 59.42%. The Offer Price should stay and for those minorities to accept within 21 days. 08/03/2023 9:03 PM Johnzhang Pls read the takeover offer letter to Bstead dated 2nd March . Some of the conditions and periods of offer are all stated there . The offer is valid for 60 days from the posting date of offer document. For revised offer , it has to be made within 46 days from the offer document which will be posted to minorities within 21 days from 2nd March , the day Bstead is notified of takeover offer . 08/03/2023 9:18 PM TheContrarian @Johnzhang, right now it's a matter of opportunity cost. Sell now at 85.5 sen and redeploy proceeds to another counter which will eventually rise or hold out and hope LTAT will revise the offer price higher. 09/03/2023 5:10 AM Johnzhang @TheContrarian, I can wait for another few weeks . The opportunity to pick another potential counter is always there . 09/03/2023 5:59 AM Johnzhang Minorities who are willing to accept 85.5 sen would have or will very soon be selling in open market at same price . Just monitor the volume LTAT able to soak up in the next 1-2 weeks to assess if LTAT shall get at least 90% acceptance to force the remaining minorities to give in . 09/03/2023 6:12 AM investingiscommonsen https://klse.i3investor.com/web/blog/detail/investmentknowledge/2023-03-11-story-h-276217990-privatization_of_Boustead hi, this is my little thought on Boustead Privatization . Feel free to give comments 11/03/2023 8:13 PM calvintaneng Some thoughts on Boustead Since Ltat needed more than Rm600 millions cash to take over Boustead it will get cash From its own saved up capital Or from more bank borrowings Or from selling some assets to get back cash Where will cash come from? Already highly geared Boustead will find it harder to borrow unless pay a higher interest Or sell assets of subsidiaries? And look at these Pharmania Not enough money Will need to raise capital by pp or Rights issue Bhic No earnings and full of problems still not resolved Affin Bank This ok but Banks are under control by Bank Negara Only just done was the 30 sen dividend payout Bplant This one has lands bought more than 100 years ago since year 1848 when Long Jaffar founded tin in Larut Bplant started with rubber and now into palm oil Latest Ar shows its own over 240,000 acres of plantation lands In Peninsular many are freehold and located near growing towns and cities So how big is 240,000 acres? About 500,000 old sq besi airport or Bandar Malaysia Or more than the entire landmass of Spore at 180,000 acres Bplant already unlocked over 22 sen dividend last two years So we can expect more 17/03/2023 10:53 AM calvintaneng Correction Bplant 240000 acres land equal to about 500 Bandar Malaysia lands 17/03/2023 10:56 AM BobAxelrod33 And I always thought you were a Professional.....now, laugh die me... It is LTAT taking Bstead Private and paying from their own coffer..... You mean Bstead is paying the 600+ million to go Private and wholly owned by LTAT??? Mana sekolah lu??........hahahahahahaha Posted by calvintaneng > 18 seconds ago | Report Abuse Some thoughts on Boustead Since Ltat needed more than Rm600 millions cash to take over Boustead it will get cash From its own saved up capital Or from more bank borrowings Or from selling some assets to get back cash Where will cash come from? Already highly geared Boustead will find it harder to borrow unless pay a higher interest Or sell assets of subsidiaries? 17/03/2023 10:57 AM BobAxelrod33 Do you know what is 600+ millions to LTAT.....just a parking ticket fee......laugh die me. 17/03/2023 10:58 AM calvintaneng Go see boustead balance sheet It has Rm6.7 BILLIONS BORROWINGS Only Rm700 mil cash So Debt less cash Boustead has a high debt of RM6 BILLIONS ON ITS BALANCE SHEET NOW PHARMA IS IN NEED OF CAPITAL AS WELL 17/03/2023 11:20 AM BobAxelrod33 Nah....no point to debate with a 2 year old kid....he knows nothing. He still thinks Bstead is raising the 600+ Millions to pay minorities..........my toes are laughing so hard....even my pet fish is rolling on the floor laughing. 17/03/2023 11:25 AM BobAxelrod33 What a stu....peed investor calling himself a sifut??? Robert Kiyosaki said Debts are good if you can manage them to your favour. And what's the NA of Bstead?? 1.62????.... and LTAT is paying 855c a piece???? 17/03/2023 11:28 AM yongyong88 LTAT is buying out the other shareholders of boustead. LTAT is like the EPF for soldiers. Yes, 600 million is nothing to LTAT, that's why the shareholders are demanding a higher price. 17/03/2023 11:31 AM calvintaneng Every co or entity depends on real income to prosper or survive Where did Ltat gets its income from? From investments of course Even the kings of old are served from the field So where will Ltat real income now derive from No more easy Contract as Pm Anwar in charge. Bhic won't be good Pharma is in deficit due to expired vaccine and now need help As for Affin bank it has given out 30 sen dividend The logical deduction is the cash to be released from bplant valuable assets 17/03/2023 2:08 PM  | |
