This board/forum is so toxic. I was going to buy some but now after reading some of the comments, all I want is stay away from this stock. This stock gives me the heebie jeebies
Posted by wallstreetrookie > Aug 2, 2021 2:08 PM | Report Abuse
This board/forum is so toxic. I was going to buy some but now after reading some of the comments, all I want is stay away from this stock. This stock gives me the heebie jeebies
Our super hero Jalil already says mid term to longer term investment perspective of 2 to 5 years for bjgroup companies, so we must patiently wait for the fruits to bear mah!
U ask for all sorts of short term benefits for what leh ??
Let the durian tree mature, no point chopping down the trees down prematurely mah!
Posted by kahhoeng > Aug 2, 2021 9:36 PM | Report Abuse
Stockraider, instead of writing here everyday, may I suggest you write to bcorp and bland every day seeking dividend to improve investor relations?
Not that VT had that much dignity left anyway Nor could feign great surprise when we all walked away Yesterday's hero will fall like others And nobody won't stand in the way But we already sang this song And Berjaya's already gone, gone, gone And promises is starting to sound like a broken record But we already sang this song And Berjaya's already long, long, gone Failures is starting to sound like a broken record Broken promises Broken dreams Broken heroes Broken millionaires
Do u understand SSLee keep pressuring both SC & Bursa not to approve the extension of bland shareholding compliance will actually benefit VT instead ?
Raider ask u lah ? What will be the consequence if Bland listing spread compliance extension requirement not approve leh ?
That will mean suspension of bland share & eventually delisting of bland share from trading loh!
Think lah....R u prepare to see bland suspended for 2 to 6 years & eventually delisted from klse leh ??
What will happen minority shareholders leh ??
Actually u should be very happy that VT is kind enough to protect the minority shareholders of bland, by keep on applying for extension of shareholding compliance loh..!
If bland is suspended at 27 sen for 2 to 6 years, it will be even much more easy for VT to privatise loh....but luckily VT is kind enough not to take advantage of minority shareholders mah!
Lu Tau Boh ?
Posted by kahhoeng > Aug 3, 2021 10:05 PM | Report Abuse
Sslee is right requesting SC to disallow further delay in addressing shareholding spread issue, it should be viewed as a tool to push bcorp board to address minorities concern
1st of all to give a VGO is the perogrative of the owner mah....not SC or Bursa loh!
If shareholding spread does not comply with listing requirement, the best SC or Bursa can do suspend the share & delist it mah!
U keep barking SC & bursa do something at minority shareholders detriment for what leh ??
Non compliance with shareholding spread is not entirely the owner fault, even if we chose to blame it at the owner but if the owner plan to be adamant & prepare to be delisted, nothing SC & bursa could do mah!
Let take easy mah, let VT do a GO when he is ready mah!
kahhoeng Sslee is right requesting SC to disallow further delay in addressing shareholding spread issue, it should be viewed as a tool to push bcorp board to address minorities concern
3/08/2021 11:04 PM
Sslee Bursa Securities wishes to clarify that Pursuant to Paragraph 8.15(1) of the Listing Requirements of Bursa Securities ("Bursa Securities LR"), upon non-compliance of the public shareholding spread requirement, Bursa Securities may accept a percentage lower than 25% of the total number of listed shares if it is satisfied that such lower percentage is sufficient for a liquid market in such shares.
The enforcement action of suspension and de-listing on non-compliance to public shareholding spread requirement is not automatic. The range of penalties due to the non-compliance to the public shareholding spread may include from a caution letter to a fine not exceeding RM1 million as specified in Paragraph 16.17 of the Bursa Securities LR. Alternatively, Bursa Securities may grant an extension of time to comply with Paragraph 8.15(1) of the Bursa Securities LR.
Suspension of trading shall be imposed and de-listing of the securities shall be commenced only upon 90% or more of the listed shares are being held singly or jointly with associates of the said shareholders pursuant to Paragraph 8.15(5) of the Bursa Securities LR.
If in the event Paragraph 8.15(5) of the Bursa Securities LR is not triggered and the listed issuer wishes to withdraw its listing from the Official List, shareholders' approval has to be obtained as stipulated in Paragraph 16.05 of the Bursa Securities LR.
The rule mean if Bjcorp make a VGO for bjland and managed to increase holding above 90% then suspension and delisting apply.
For non-comply with 20% shareholding spread, a non extension will result in fine imposed and a proposed rectification plan and timeline in respect of the rectification plan.
Btw if fine is impose, that will mean we the minority shareholders will also be paying part of the fine mah!
As the company pays the fine loh!
REMEMBER THIS LOH; The enforcement action of suspension and de-listing on non-compliance to public shareholding spread requirement is not automatic. The range of penalties due to the non-compliance to the public shareholding spread may include from a caution letter to a fine not exceeding RM1 million as specified in Paragraph 16.17 of the Bursa Securities LR. Alternatively, Bursa Securities may grant an extension of time to comply with Paragraph 8.15(1) of the Bursa Securities LR.
U need to look at the current environment not conducive mah!
All business almost lockdown loh!
B4 can GO....bjcorp need to sell some assets to raise cash & to collect the money from Great Mall China loh..!
Also Bjcorp need to address inter cross holding & need to untangle it mah!
Thats why need to give time about 2 yrs b4 can launch GO mah!
Posted by kahhoeng > Aug 4, 2021 12:20 PM | Report Abuse
stockraider Good loh, if VT/Jalil can't even address BLand issue, how would minorities expect them to truly benefit all shareholders but not VT himself. SC fine and delist BCorp/BLand, great! We minorities not getting anything from the great business of BLand anyway. I don't mind giving BLand for free to anyone, just not VT!
They cannot simply compel the owner to do GO when they are not ready or not willing mah!
1st of all to give a VGO, it is the perogrative of the owner mah....not SC or Bursa loh!
If shareholding spread does not comply with listing requirement, the best SC or Bursa can do suspend the share & delist it mah!
U keep barking SC & bursa do something at minority shareholders detriment for what leh ??
Non compliance with shareholding spread is not entirely the owner fault, even if we chose to blame it at the owner but if the owner plan to be adamant & prepare to be delisted, nothing SC & bursa could do mah!
Let take easy mah, let VT do a GO when he is ready ma
Posted by Sslee > Aug 4, 2021 12:25 PM | Report Abuse
A PN17 company regularisation plan is totally different from rectification plan for company that do not comply with Public Shareholding spread.
py1818 Tks for your daily bulletin. Already reached 0.26 today. Still downtrend unable to break resistant 0.27. Will it test support 0.23 soon?
Better to lock in profit first. Think coming Qtr. result will be equally bad as not much income from biz with only fixed expenses. Many companies are fighting for survival, with current political instability, months of lockdown and still no end in sight with increasing Covid cases & death.
py1818 * @earlyretirement @sailang_now @bulldog BjCorp Highest price 0.50 Resistant 0.39 Resistant 0.35 Major resistant 0.335 Major resistant 0.31 Resistant 0.29 Resistant 0.27 Price 0.26 Support 0.23 Verdict - A big UTURN has happened.
How to use buletin. If price go below support, downtrend. If price go above resistant, uptrend
Tell me please Super Hero. What will we find tomorrow? Do your best Super Hero. We'll be waitin' till then. Don't you know Super Hero? We can't take all this stress So if you have the time Do your cookin' once again. Please please please Super Hero. Where is the money that we're dreamin' of? Please please please Super Hero Bring cash home for us. Yesterday was so fine. You'd been walkin' beside us. And you said everything'll be fine Till the day we all die. But you left us last night. And our hearts broke inside us. Was feelin' so sad That we broke down and cried: Please please please Super Hero Where is the money that we're dreamin' of? Please please please Super Hero Bring cash home for us. Do, do, do, do, do, do... Do, do, do, do, do, do, do... Say you'll help us today 'Cause we're feelin' so lonely. Now we down on our knees Help us please Super Hero. La, la, la, la, la... Please please please Super Hero Where is that money that we're dreamin' of? Please please please Super Hero Bring cash home for us... Bring cash home for us...
Bland despite VT strong support holding more than 86%...its share price is still at low 26.5 sen, can u imagine without VT strong buying up from the mkt to the tune of 86% & instead only hold 51%...Bjland price may have drop to as low as 6 to 10 sen loh!
Thus now....u should thank VT mah....we are in a sweet spot mah...we the present minority shareholders comprises only balance 14% of the remaining shareholding and VT and Jalil can even tell us our share is highly undervalue...with RNAV worth more than Rm 5.00 to Rm 10.00 mah!
But we must let time say about upto 2 yrs for them to unlock value & organise the takeover with everything in place 1st mah!
U curse here & there, no use mah!
Put it this way lah...VT actually treated us quite fairly now mah!
We just need to hang on & wait for upto 2 yrs for the monetization loh!
Posted by kahhoeng > Aug 4, 2021 12:45 PM | Report Abuse
stockraider, what f**king conducive? When BCorp offer to buy VT/Penta's BLand shares at 0.70 valuation, there's no inconvenience! When BCorp offer to buy Penta's Bland shares exchangeable into BCorp shares at 0.38/0.30 exchange ration, there is no inconvenience! I don't see SC/Bursa raising concern over shareholding spread issue when BCorp bought VT/Penta's BLand shares, if now still no action, why would we need the existence of SC/Bursa in the first place? Might as well call the stock exchange the pirate's paradise???
I thought u want something better than bjcorp/penta exchange of 38 to 30 mah ?
U should thank VT mah....we are in a sweet spot mah...we the present minority shareholders comprises only balance 14% of the remaining shareholding and VT and Jalil can even tell us our share is highly undervalue...with RNAV worth more than Rm 5.00 to Rm 10.00 mah!
But we must let time say about upto 2 yrs for them to unlock value & organise the takeover with everything in place 1st mah!
Posted by kahhoeng > Aug 4, 2021 2:17 PM | Report Abuse
stockraider, simple, when offering VT/Penta 0.70 valuation, offered it to other minorities to consider. It's one thing minorities disagree to it, it's another when minorities were refused the right to consider. Same to when offering Penta the 0.38/0.30 exchange.
Thats why i ask the present minority shareholders not to sell & keep their sweet spot of berjaya group after we have hang on for so long loh..!
If u cannot wait & start sell...it is very sayang...bcos the new buyer will enjoy the sweet benefit...without enduring long pain holding on the share mah!
We are going to reach our destination, pls do not give up & surrender last minute by selling mah!
Lol...Uncle Tan loves the double speak...telling people who had been stuck for 5 years already to wait another 2~3 yrs to unlock value & asking people not to sell at last minute in another 2~3 yrs time? When the economy & country is going to the dogs?
That is b4 he appointed super jalil...this bcos can talk like an entrepreneur...but on implementation....he need people like jalil mah!
After jalil come in the roadmap already come out mah!
Do not forget super jalil use Rm 70m of his own monies to buy bjcorp mah!
Posted by gangnam > Aug 4, 2021 2:49 PM | Report Abuse
Lol...Uncle Tan loves the double speak...telling people who had been stuck for 5 years already to wait another 2~3 yrs to unlock value & asking people not to sell at last minute in another 2~3 yrs time? When the economy & country is going to the dogs?
Bursa selloff has begun. More downward pressure is expected in the coming weeks. Don't listen to s00hai conman and brace yourselves. You can always buy back later or pick something else instead.
Yup! Agrees 100% with you. No point to go against the tide. Take profit like Robin & come back another day....
scanluver Bursa selloff has begun. More downward pressure is expected in the coming weeks. Don't listen to s00hai conman and brace yourselves. You can always buy back later or pick something else instead.
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Posted by scanluver > 2021-08-02 14:06 | Report Abuse
LOL, be careful what you wish for :D
blistering this week is the big push no more 0.265 !!! all in monday morning