KLSE (MYR): BJCORP (3395)
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Last Price
0.415
Today's Change
0.00 (0.00%)
Day's Change
0.40 - 0.425
Trading Volume
24,451,600
2024-07-26
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simon2020
441 posts
Posted by simon2020 > 2021-06-18 11:14 | Report Abuse
Jalil should take note of Market's reception on his 3 years Strategic Plan which good for long term but should follow up by announcing actions on what's he is going to do in the next 100 days to bolster retail investors confidence which seems to be lacking in Berjaya.
On the issue of crossholding, Berjaya companies is expected by Jalil to sell down their shares in other Berjaya companies to free cashflow for own biz operations rather than investing in related Berjaya companies. So expect more VT indirect intrest sale announcements as all Berjaya companies are facing cashflow problems under FMCO and survival is more important before any long term plan can be executed.