since end of march this stock has been in an uptrend, amazingly only 3 days of red..but volume actually not really high, i wonder if the big shark buy or sell their share
vincent tan hold more than 85% of warrant,expiring on 17.3.2018,(exercise price rm 1)he will push up the mother share and let go warrant.i believe the mother share will push very high and than let the warrant have big discount to attract the retailers to buy.when the warrant have big discount and with the huge volume then is the time for us to sell the mother shares
Berjaya Assets Berhad saw a net profit of RM179.87 million in the third quarter ended March 31, 2017, compared with a net loss of RM2.54 million a year ago mainly due to the reversal of substantial provisions for taxes in dispute.
Berjaya Assets Berhad registered higher pre-tax profit in the current quarter of RM24.19 million compared with a net loss of RM33,000 a year ago mainly due to favourable fair value changes of investment properties amounting to RM28.0 million.
For the nine months period, BAssets’ net profit more than doubled to RM25.55 million from RM11.09 million a year ago, while revenue dropped 6.3% to RM270.53 million compared with RM288.77 million in the previous year due to same factors in Q3.
Malaysia's Berjaya Assets Rises 1.6% On Bonus Rumor
Berjaya Assets jumps 1.6% to MYR1.29 on rumor about issue of bonus shares. "There are rumors about a bonus being announced this week, which may be followed by some corporate exercise within the Berjaya Group by end of this year or early next year," says dealer at local brokerage. Shares have rallied 41.4% year-to-date. Company officials couldn't be immediately reached for comment. "Any bonus and potential corporate exercise will attract buying interest as the shares are still trading at a level cheaper than its net tangible asset," he adds.
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saltedfish
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Posted by saltedfish > 2017-05-09 15:25 | Report Abuse
Huat arrrrrr