Bjcorp assets all bot many yrs ago...some 30+, 40+ even 50+ also have...like wisma cosway & berjaya complex, could be older than many of us...even berjaya times square also almost 20 yrs...Talk about Bjasset, own majority of commercial building in KL and JB city. Both of the companies assets didnt revalue for yrs...Their mkt value are easily twice of their book value now...With Jalil in, it is time to re-structure the organization. It will take sometimes to complete, mean the goreng is just at warm up stage. Looking at the pattern of Bjcorp, 1st peak was in yr 1996...tehn took 1 decade to reach bottom at 6c...then rocket up to almost 1.80 in just few yrs..It surge along with KLCI from around 600-1542...Then correction set in for another 1 decade correction and finally reach bottom at 16-17c last yr when KLCI hit the bottom at 1207. After 1 yr of side way base building, finally broke out from base with new CEO came on board. I belif it will repeat again like the previous ran, will rocket again to above 1.80 in the next few yrs...
Not many counter can give u 2 big bonuses in one go...after decade long waiting...here it comes Bjcorp...concurrently breakout from d 10 yr and 20 yr correction cycle...The bonus likely to be big..at least 1+
bjcorp...many will avoid for whatever reason as not easy to make money out of it...However, looking at the chart pattern since 90s...the stock actually move up whenever klci hit the major bottom. The bull run is fast and sharp. Last bull run ran from below 10c hit the highest around 1.80. Then it corrected all the way to 17c for more than a decade. Company is rich with assets with current PB ratio of only 0.20+. In the last bull run share price hit 1.80, the PB ratio hit 1.40+...If you belif this is another bull run coming for Bjcorp, then breaking above 1.80 is just matter of time.
Type Announcement Subject TAKE-OVERS & MERGERS (PARAGRAPH/RULE 9.19 (47A)) Description MESB BERHAD ("MESB" OR THE "COMPANY") - RECEIPT OF NOTICE OF CONDITIONAL MANDATORY TAKE-OVER OFFER FROM KAF INVESTMENT BANK BERHAD ON BEHALF OF WONG SAK KUAN AND YAU MING TECK ("JOINT OFFERORS") The Board of Directors of MESB (“Board”) wishes to announce that the Board had on 12 October 2020, received a notice of conditional mandatory take-over offer ("Notice") from KAF Investment Bank Berhad, on behalf of the Joint Offerors, notifying the Board to acquire the following:-
all the remaining ordinary shares in MESB not already owned by the Joint Offerors and such number of new ordinary shares in MESB that may be issued and allotted prior to the closing of the Offer arising from the exercise of the outstanding warrants in MESB (“Offer Shares”); and all the remaining warrants in MESB not already owned by the Joint Offerors (“Offer Warrants”), for a cash offer price of RM0.315 per Offer Share and RM0.015 per Offer Warrant (“Offer”).
A copy of the Notice is attached herewith and the same will be posted to all holders of the Offer Shares and Offer Warrants within seven (7) days from the date of this announcement.
OTHERS ATTA GLOBAL GROUP BERHAD ("the Company") - Proposed Renewal of Share Buy Back Authority ("Proposed Share Buy Back") ATTA GLOBAL GROUP BERHAD
Type Announcement Subject OTHERS Description ATTA GLOBAL GROUP BERHAD ("the Company") - Proposed Renewal of Share Buy Back Authority ("Proposed Share Buy Back") On behalf of the Board of Directors of the Company, we wish to announce that the Company intends to seek the approval of its shareholders for the Proposed Renewal of Share Buy Back Authority at the forthcoming Thirty-Ninth (39th) Annual General Meeting.
The Circular to Shareholders setting out the details of the above proposal will be despatched in due course.
Takaso Resources Bhd has been renamed to O&C Resources Bhd, an investment holding company while the principal activities of its subsidiaries are as follows: Subsidiaries. Principal Activities. Takaso Rubber Products Sdn Bhd. Manufacturing of condoms and baby products and trading in baby accessories, baby apparels, infant milk formula and toiletries
Sorry to say that... U still have long long way to go... Mr Ooi approach just happen to ride on 3rd wave ie above 200ema... But when mkt in prolong downtrend... U will also eat vege... It would not able to tell u when is d best entry point n exit point. Comparing with many approach used by other gurus, his approach is safe and effective. Question here u must have patience to ride through the intermediate correction.
Govt idea takeover the highway is gd for the ppl but LGE as usual, doing think without consider the overall impact to the govt future income. U have a weak financial condition and still want to come out money (whatever way u do, nothing is free) to buy highway and yet suffering future dividend income from the highway? This LGE and their team always do things using a "gangho: way..from cancellation of MRT 3, HSR, LRT3, ECLR and cutting the funding TARUC, creating huge damage to the economy, company, country and Chinese community.Can't they do thing consider the possible implication and always consider streamlining the project instead of cancel to minimize impact if it is a good project and benefit the country and ppl...Don't any how cancel then U turn again...U think a good project can easily fall from sky without time, money and prolong study and research?
Distribution and Capital Repayment. After the completion of the Placement, the SOA, the Internal Reorganisation, BHB’s entire shareholdings in Bank Islam and Syarikat Takaful Malaysia Keluarga Berhad (STMKB) will be distributed by way of distribution-in-specie to the shareholders of BHB.
Prior to the proposed distribution and capital repayment, BHB will undergo a capital reduction and Bank Islam will undertake a share consolidation. This is to match BHB’s outstanding shares so that the distribution of Bank Islam shares will be on a one-for- one basis.
The basis of distribution and entitlement of STMKB shares will be determined at a later date.
so call rubbish analyst...value Gamuda at PE 10x...then the rest all below PE 5x lo...Kiasu till this extend better close shop Gamuda - A vegemite ambition Author: AmInvest | Publish date: Mon, 30 Sep 2019, 12:02 PM
Investment Highlights We cut our FY20–21F net profit forecasts by 4% and 6% respectively, and trim our FV by 2% to RM2.84 (from RM2.91) based on “sum of parts” (SOP), valuing its construction business at 10x forward earnings, in line with our benchmark forward target P/E of 10x for large-cap construction stocks (Exhibit 2). Maintain UNDERWEIGHT. https://klse.i3investor.com/blogs/AmInvestResearch/227403.jsp