Jalil, Vijay are high fliers. Empires have financial strength, ties with other empires, financiers, local and foreign. If Jalil can put to use the empire's resources and ties, a new dawn arises.
scanluver > Oct 7, 2021 4:04 PM Interesting. How so? :)
BeatySwalls Jalil, Vijay are high fliers. Empires have financial strength, ties with other empires, financiers, local and foreign. If Jalil can put to use the empire's resources and ties, a new dawn arises.
py1818 Tks for your daily bulletin. The viagra effect has worn off? BCorp has made another U-turn as unable to convincingly break resistant 0.27. BCorp at its best is only a trading stock, will never qualify for long term investment grade until it pays dividends, shows sustained & convincing profits.
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 0.265 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
Jalil was the CEO of PNB, the largest fund management company in Malaysia. Before that he was the CEO of Aberdeen Standard Investments. He has investment management experience in London and Singapore starting from 20 years ago. He must know something about transforming companies into investment grade stocks https://www.theedgemarkets.com/article/exaberdeen-malaysia-chief-jalil-rasheed-helm-pnb
sailang_now > Oct 8, 2021 4:20 PM BCorp at its best is only a trading stock, will never qualify for long term investment grade until it pays dividends, shows sustained & convincing profits.
scanluver > Oct 8, 2021 3:53 PM That's saying a lot about nothing :D
No point repeating what the public already knows. Jalil & new PR Team should take the bull by the horns and address the issues below..
sailang_now > Oct 8, 2021 4:20 PM BCorp at its best is only a trading stock, will never qualify for long term investment grade until it pays dividends, shows sustained & convincing profits.
interest is paid twice yearly, April and October. So its 2.5 X 2 = 5 sen p.a. The 5% is based on 5 sen interest paid per year per loan stock which was issued at a price of RM1-00
ya why bother to hold mother share when LD is paying that kind of yield. I don't need the voting rights, i can't make a difference in AGM anyway. Gimme that sweet interest.
i think LD notwithstanding the yield will track mother share price. At any time it should be within 2.5 sen of mother share (because that is the value of the next interest payment)
its also not very liquid because prior to this VT was holding a big chunk of it (damn smart right? Subscribe to all the loan stock to get interest from his own company to pay into his bank account) and also in general Bursa don't really understand loan stocks hence they tend to be illiquid and underpriced (which i love)
Yes, VT is holding the bulk of BCorp LD that's why he is quietly collecting 17% interest income from BCorp. Where got money left to pay dividends to minority shareholders?
vcinvestor ya why bother to hold mother share when LD is paying that kind of yield. I don't need the voting rights, i can't make a difference in AGM anyway. Gimme that sweet interest.
Not really, LD was issued in April 2012. If the effective yearly interest is 17% pa. VT will get 170% return on his investment over 10 years for LD? Also I think VT didn't subscribe LD all with cash?
no no if he subscribe at issuance. he paid RM1 per loan stock.
every year he gets 5 sen interest per loan stock so his yield is always 5%. Then the share price tank 70% in the last 9 years.
So if he bought RM100mil worth of loan stock, the principal is worth RM30mil now. He would have received RM45mil worth of interest (9 years x RM5mil interest p.a.) so net net still lose RM25mil.
Must subscribe with cash, because the purpose of loan stock is to raise new money for BJCORP
Don't think VT lost money subscribing for LD as he also got the same no of free warrants. The highest price for BCorp WB was 25-26 sens and in March it was goreng to 12.5 sens?
True but as long as BCorp needs to pay interest on LD & others ICULS that VT is holding and also interest on the RM5 billion debts, there no money left to pay dividends for minority shareholders?
wait a minute. What happen when expired next april ? LD will auto become mother share ? Is this why LD is trading at 29 sen because mother 26 sen ? I think this explain why LD trade at 29 sen.
Posted by sailang_now > Oct 15, 2021 11:09 AM | Report Abuse
py1818 Tks for your daily bulletin. The viagra effect has worn off? BCorp has made another U-turn as unable to convincingly break resistant 0.27. BCorp at its best is only a trading stock, will never qualify for long term investment grade until it pays dividends, shows sustained & convincing profits. Btw what happened to Jalil & his plans? now quiet as a mouse?
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
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....
BeatySwalls
8 posts
Posted by BeatySwalls > 2021-10-08 14:15 | Report Abuse
Jalil, Vijay are high fliers. Empires have financial strength, ties with other empires, financiers, local and foreign. If Jalil can put to use the empire's resources and ties, a new dawn arises.
scanluver > Oct 7, 2021 4:04 PM
Interesting. How so? :)