warrant is not the problem, but profit margin is, last time >5%, now only ~2%, as you can see revenues over quarters are quite ok. I wonder when only can see the benefits of ibs to be reflective in financial results
We refer to the following articles that were published in today’s the Star Biz newspaper, the Sun Biz newspaper and the Edge Financial Daily entitled:-
Vincent Tan makes his move. Tycoon plans to take private 7-Eleven and BLand, list U Mobile and hotel business; Berjaya Corp founder/executive chairman also plan to delist BLand and sell Four Seasons Hotel in Kyoto, among other corporate moves; and Vincent Tan to restructure his business empire. The plan may involve privatising 7-Eleven Malaysia Holdings and Berjaya Land. The Board of Directors of Berjaya Corporation Berhad (“BCorporation”) wishes to clarify that the abovementioned plans including the delisting of 7-Eleven Malaysia Holdings Berhad and also its subsidiary, Berjaya Land Berhad are personal idea and strategies of Tan Sri Dato’ Seri Vincent Tan Chee Yioun who is the deemed controlling major shareholder of BCorporation.
The Board of Directors of BCorporation is not aware of and has not deliberated any of the abovementioned plans or proposals including the delistings.
In addition, the Board of Directors of BCorporation also wishes to clarify that the Management of BCorporation are still in negotiations with potential buyers on the possible sale of its Four Seasons Hotel and Hotel Residences in Kyoto, Japan and have not entered into any definitive agreement. An announcement will be made once agreement is executed.
Only Smart investor can see, BJCORP has a lots of corporate action in recent times, ie: restructuring, dispose non core business, re arrange top management, continuous shares buy back. Do you think VT returns to BJCORP at this age just for syok?
Why this stock drop a lot? The latest quarter result eps back to normal. And director is optimistic on the future company performance. few contracts secured earlier has yet to contribute significantly. MGB is one of the stocks highlighted by RHB Investment that worth to invest, sure high growth ahead
LBS good then MLGLOBAL also good. the boss has good relationship with government and China government . I believe it will announce successful bid of government construction project soon. A big construction company in making
LBS is a company with good prospect, and LIM family willing to let go 5.11% shares holding, that person or institution sure can bring big benefit to the LBS. Anyone become substantial shareholder must inform Bursa within 7 days. Will be revealed very soon
why sell? next week announce annual budget, everyone from analyst to minister say will help first time home buyer, who will be the beneficiary? next month bank negara will most likely reduce opr rate, this is also predicted by economist, who will be the beneficiary then ?