With just utilized the NET GAIN of RM 138m alone from recent private placement 6.1% Bjauto share. Bjcorp already can share buyback another 6% of its own share if take into account the buyback average cost at 55sen, boosting its treasury stock to nearly maximum 10%.
Bear in mind, current treasury stock carry at average cost 71sen/share, It is wise move for Bjcorp to continue share buyback at current all time lowest level and reach maximum 10% share buyback quota as soon as possible.
The actual fact is that the prime beneficial of bjcorp share buyback is VT himself as all its stake and son stake in bjcorp are pledge to investment bank. Therefore, bjcorp share price movement affect their fortune, it is wise to use bjcorp share buyback to up to maximum 10% of its share capital in order reduce unnecessary liquidity, increase demand over supply in the market, resulting increase share price to protect (risk of margin call if bjcorp share price is downtrend) and increase their family fortune (bjcorp increase share price).
cfoong your heroine already slept, show the pail of notes u earn all will wake up, if not make tuk song and there he drive in a lorry load lol and also ask calvin to show not the big barang bull lah but earnings has seen converted to gold bars sure wake up one kikikikikiki
Carson8, possess of heroine will be prosecuted.... I would rather possess Bjcorp at this point... also no need to make tuk song or ask calvin...kikikikikikiki... it will be much better to ask our own!!!... and wht is our intention or motive for our investment!!! but for sure I will be having good sleep... kikikikikiki... coz nothing to be worry...with Bjcorp... Good nite to all... BJcorp kaki!
It will be no longer easy to find a good counter for investment nowadays esp in Bursa as comparing to HKEX... BJcorp as I said... it is still not appropriate for long terms.. because of its inconsistency in profitability... but if u ask me wht it will be bak to 0.50 in near future... I believe... all of us has the answer .... kikikikikikikikiki...
ok ok sleep well and base on understanding, of course not that heroine where prosecution awaits, some other time look for a relevant one , aiya i also want zzzzzzzzzzzzzzzzz hope to dream of one sweet heroine kikikikikiki
you don't play the fool with the yanks.They dig you up.
Glancy Binkow & Goldberg LLP is investigating potential claims on behalf of investors of MOL Global, Inc. (NASDAQ:MOLG) concerning possible violations of federal securities laws. The investigation is focused on the Company’s operations and financial performance.
SAN DIEGO — Shareholder Rights Law Firm Johnson & Weaver, LLP is investigating potential violations of the federal securities laws by MOL Global, Inc. (NASDAQ: MOLG) and certain of its officers. MOL Global operates a payments platform that connects consumers with digital content providers, telecommunications service providers and online merchants through a network of distribution channels that accept cash and online payment methods.
Specifically, Johnson & Weaver’s investigation seeks to determine whether certain statements regarding MOL Global’s business and prospects were false and misleading when made.
On October 9, 2014, Malaysia based MOL Global stock opened for trading at $10.75, the day the Company sold 13.5 million shares of stock in its initial public stock offering (the “IPO”), reaching a high of $11.14 per share that day. However, just several weeks after its IPO, on November 21, 2014, MOL Global announced that the Company had rescheduled the date it planned to release its third quarter 2014 financial results and that the Company’s Chief Financial Officer had resigned. On this news the MOL Global’s stock plummeted over 38% in early morning trading.
from the way the collect..i know something going to happen...and i believe first stage to hit is RM 0.50.....buy more. just time issue...patient is the key...
My Remisier told me after 4 pm there was huge buying and buying at 47.5 cents. As it turned out it was due to Company Share Buy Back in Operation.
So the pattern of Share Buy Back IS CONFIRMED at 46 cents to 48 cents. We can see the downside support is FIRMLY ESTABLISHED and the upside will be IMMENSE!
This is indeed a big disappointment for all those who still wait for cheaper prices to enter. Once the Train speeds off they will all be left behind.
crap talk!!! big disappointment for all those who still wait for cheaper prices to ente??? next few weeks, u can buy at lower price, it is going south!!!
thts rite they give bombarding bjcorp coz people may sell them low... kikikikiki.. but where got so big "water fish" for those wanna buy low and lower...
this is year end lo... all fund manager wanna close their acc handsomely... another reason..for mr market to stay on...same for 3395... anyway I do hope it can go lower also so tht can collect much mor...but fact is fact la...
it seems to me buyback won't help much in pushing the price higher, only when the land sale or the disposal of property development project in China are sealed would we see some significant changes in BJCorp price. Hope they are done soon, I bought some call warrant of this stock and won't want them goes to nothing...
MOLG dropped due to some reason I have yet to find out. In any case MOLG still has 3.5 Million Face Book Shares with almost RM1 Billions. The Value is still there.
86868,
Don't exaggerate. Where got many places? See in UMW, Jaks, MPHB Cap, KPSCB, OPCOM, HTPadu, AZRB, PPG, The Store, TAWIN, Cymao, PBA, Silk, ASB, Masteel, EPMB, BJ Auto, Magni Tech, Atlan, BJ Food, S Steel, MFCB, GSB, Mulpha & many others they all welcome me.
@Calvin, Wondering why you so aggressively demoting IFCA. u got huge income by demoting? or you care about their money in IFCA? if got income by demoting, please give me the chance, i want it too, seriously. if you care about their money in IFCA, why care? they want to earn or burn their money in IFCA not your matter and not my matter too. Or you have God's kind of heart? Or Evil of heart? Or you just like me, too free, nothing to do? why u don't share to us? U scare or u have evil motive? Tell la, I also want to earn side income ma, don't be so self fish la. I can help to promote bjcorp, demote IFCA and anything to steal money from others.
Since you have asked these same questions several time I shall be happy to give some answers.
I once had 3 good business friends. I mentioned all 3 in "The Asian Financial Crisis" in my website www.jbhouseforsale.com
Mr. N of Batu Pahat lost RM5 millions, Mr. Ho lost RM3 Millions & Mr.Lee about RM1 million buying & chasing overvalued bubble shares.
When KLSE Collapsed from 1332 to 262 all 3 went into trouble (2 were declared bankrupts). All 3 went into hiding from loan sharks. Also changed their Identities & names several times.
So I just wanted to do my part in warning future bankruptcy candidates. But I don't get good reception from them. In fact I made enemies along the way. Actually it is really none of my business to do so.
But once a while people, punters & gamblers come here to tell how good their "hot air" balloons perform.
So I want to show which types of shares are correct in a contest. I am not always correct. But I think even if I pick the wrong stock I can't lose much as they all have "Margins of Safety".
For others I fear that they will lose a bundle and then go into hiding.
Only time will tell. And time is on the side of "Value Investors"
I owned CMMT before & sold already. CMMT has Sungai Wang & Gurney Drive Shopping Complex in Penang. Should be Ok but watch against higher electricity cost which might eat into profits
VT is definitely famous for being ruthless and mean to shareholders, but at this price, I think its relatively safe compared to others... surely, there must be other shares that could offer better prospects. Just my personal opinion, don't thrash me
aiya nobody going to talk ugly on this, dont see any offending not even the bit bit, see calvin got one brand new envy but sadly our boss was call conman, as usual holyman calvin reply was gentle no jab jab lolo ,kikikikikiki
I don't have specific website but I try to view new events as they unfold, then make my own deductions. You can view these
1) Business times My 2) Business times Sg 3) Star Online Business 4) Malay Malay Online 5) Sun My 6) AWSJ 7) CNN 8) CNN Money 9) CNBC 10) Financial Times Uk 11) Perth News 12) Business Insider 13) Marc Faber (My favourite) 14) Baltic Dry Index (This is the thermometer for shipping activity.) 15) Asiaone (Spore news) 16) CNA (Channel News Asia, Spore) 17) Invest Lah (Gambling gang.) 18) South China Morning Post (HK) 19) www.jbhouseforsale.com 20) Robert Prechter (Elliot Wave)
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
kahhoeng
3,926 posts
Posted by kahhoeng > 2014-11-21 20:15 | Report Abuse
Yes, buying back @ .475 not only improve shareholders value, but confidence as well. Wish it could continue so long price is 30% below net asset value