[New post] Maybank IB: Boustead Plantations – BUY TP RM0.90 (Previous RM0.81)

alanyeo posted: " Monetising Kulai estate worth MYR429m or 19.2sen/sh Interest savings more than offset profits foregone BPLANT is accelerating its transformation by monetising and unlocking the value of its Kulai estate for MYR429m; 107x the estate's FY20 profit." Respond to this post by replying above this line New post on Alpha Edge Investing Maybank IB: Boustead Plantations – BUY TP RM0.90 (Previous RM0.81) by alanyeo Monetising Kulai estate worth MYR429m or 19.2sen/sh Interest savings more than offset profits foregone BPLANT is accelerating its transformation by monetising and unlocking the value of its Kulai estate for MYR429m; 107x the estate's FY20 profit. While there is no mention of a special dividend, the resultant netinterest savings and lower net gearing will allow […] Read more of this post This post is ad-supported ​ alanyeo | September 29, 2021 at 4:57 pm | Tags: Boustead Plantations | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-4AZ Comment    See all comments    Like Unsubscribe to no longer receive posts from Alpha Edge Investing. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: http://alphaedgeinvesting.com/2021/09/29/maybank-ib-boustead-plantations-buy-tp-rm0-90-previous-rm0-81/ Thanks for flying with WordPress.com