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if u r long enough in bursa malaysia, u know that what management says in the newspaper is not necessary true. As u all know, pusing is our culture.
Since there is an interested party ready for m&a now, i c no reason y bstead not willing to let go bplant if the price is right. Afterall, they r really cash tight now let alone the coming huge capex needed for replanting exercise.
yup i think both of u r right. Judging from recent deal on palm oil stocks, it is safe to assume it worth rm60k per hectares. Since bplant has about 73k hectares of planted area, the total value is about rm4400mil or rm1.95 per share.