LONDON (Reuters) - Ole Gunnar Solskjaer stepped down as Cardiff City manager on Thursday, highlighting a difference in philosophy with controversial owner Vincent Tan as the reason behind his departure.
haha.. BJ Corp forum without Datuk.. it is really a quiet morning... Lets see what happen to BJ toto to nite.. it shall be nothing surprised except dividen announcement...
If one of these scenario to be happen in next week or 2, what will happen? 1) Berjaya Corp announced they obtained Casino License 2) Announced a RM0.10 dividend payout (followed YTL) 3) Quarterly nett profit of RM800 million
BJCORP is not so bad as you heard. It is like KLSE index that is averaging all all 100 companies price. Too many % on the subsidiaries companies. See one must see all..Only the speed is too slow... Up one digit volume is million. LOL ...Low trust from public.. Current quarter price is the lowest.. Each stock has its own up and down movement even the worst one.. I only trust the rhythm.. There must be some news on next week to make a sudden jump..
Darren, I has been a long term "investor" with BJcorp since it was called BJ Group time... I was earned and stuck bf with this BJ Corp but it still generate a good return to me over the last 10 years.. I bought LD as well in addition to his parents... over the years, I bought and sold with BJ Corp.. therefore, I dunno the actual average prices exactly.. haha... but the recently buying is btw 0.485 to 0.515.. as I mentioned bf in my comments, Tan Sri also bought most of the shares around 0.48 to 0.54... and during Euro Crisis on 2009, the lowest hit of his prices were around 0.48 to 0.52 as well... hope tht it is good guide for u..
Jus notice in one of the report under BJ toto. It mentioned tht the BJCORP and BJtoto JV in Vietnam may need to take a yr time to negotiation of the term and conditions and establishment of the system for operating the TOTO gaming business in Vietnam...
Isn't Foreign Fund selling BJ Corp shares ! Is bad effective for it , not really ..... Foreign Fund selling : is whom buying the shares . Pls think about it !
The main problem for BJCORP tht he used to privatise business esp cosway at the high evaluations but the bottom line of his profit has yet to be improved. He owned many great assets but unless he disposes off those assets with the good gain and making use of the cash for the good and quality acquistion or good dividen distributions.. If he continues to acquire those low yield business,it will be very hard to attract further institutional buying interest on it or revaluation on it.
I remembered in 2007, BJ Land used to boost its properties investment in Vietnam but it was proven tht their investment there has been failed or stagnant until today. It is easy to paint the nice pictures initially but when people found the true later, it would be bad experinece with their management on those ...
Dear Bone, most of what you have reported in your posting sounds logical and were evident since 2011. But why the stock has steadily dropped in value from more than RM1.20 in July 2011 to less than 0.50 now ?? It is still on a down trend now !!!!! Is it people in the market don't trust Vincent Tan and his senior management? Why BJcorp allow their flagship company to dropped to such low level; and continue to drop?. Sorry so many question, I don't understand many things.
The answer is simple. VT purposely let the price drop so low so that he can collect at cheap cheap price. Then he will let the price to rise high high to sell again. I choose to follow VT to buy at 50 sen and sell at RM 1.00 and U can choose to buy at RM 1.00 and sell at RM 1.50 It is a win-win situation. I hope this will answer your question satisfactory.
Tan Sri Dato' Seri Vincent Tan Chee Yioun has been acquiring millions and millions and millions of share at RM0.00. Since 2014 09-Sep-2014 ALONE Vincent has been "given?" 4,600,000 +3,000,000+ 2,900,000 = 10,500,000 shares !!! Will this dilute the share value? http://www.klse.my/stock/insider/substantialShareholder/all/3395.jsp#stockDetailDiv
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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....
bravoUp
541 posts
Posted by bravoUp > 2014-09-18 18:15 | Report Abuse
4.3 billion outstanding share .... not easy to move during dull mkt like this. Even in August recently with heavy volume cannot move much.