So, what is next? Every week put up one rumours to par down the stake.. 1st is bank, 2nd is insurance, 3rd is misg 4th is epayment?, 5th is IB, 6th is..... Jp morgan? Hihi
BCorporation wishes to further inform Bursa Malaysia Securities Berhad that BCorporation is in the midst of negotiation for the proposed acquisition of a controlling stake in MCIS Insurance Berhad
So, all rumours for pbb Acquisition fake.. VT sells stake completed.. Whoever chase high 36c one, You all panlai panlai la... Don't scold VT anymore, he did it always
everybody thought VT buying some bank, PBB.... in the end, just an insurance co and still nego.... but he sold so many shares already to meet the bnm requirement, if deal did not go thru, habis....
Price on downwards...typical of VT counters...Comes out w "sensatinal news", which is not sexy enuf, push up prices, he sells to related parties and now price down!
He is still negotiating, so it could be that it's bad news...what say you guys?
If you have faith in VT, then just wait for 0.50, that's the price he's telling his shareholders during the AGM. For those with average cost higher than 0.50, wait for the next AGM to ask VT for guidance???
MCIS guys can't be that st*pid to sell their stake via new penny shares in BJcorp. Overnight BJcorp shares collapse and they are left with nothing. BursaVulture everybody thought VT buying some bank, PBB.... in the end, just an insurance co and still nego.... but he sold so many shares already to meet the bnm requirement, if deal did not go thru, habis....
When all this MCIS thing is over Uncle Tan will collect back even cheaper. He has been doing this drama for years repeating and repeating with different actors. gangnam Lol...Uncle Tan has cashed out 600M BJCorp shares for a cool RM200M to buy SEM & BJland for what???
Already reached support at 0.33 yesterday after a bout of profit taking by day traders, let's see if uptrend is still intact after T+2? Since VT has confirmed BJCorp is in negotiations to acquire MCIS Life... it's next best to owning a Bank as BJCorp would be able to use MCIS Life's customer cash premiums & deposits for investment purpose with low cost of capital. It will also enhance its existing range of Financial Services under stock broking, licenced money lending and General Insurance under its 30% subsidiary Berjaya Sompo. Once a definitive agreement is signed to acquire MCIS Life, BJCorp should break resistant 39? With a 130M cash war chest VT has been steadily acquiring BJLand shares on a daily basis. It's interesting to note that BJLand is now a substantial shareholder in 7Eleven with more 5% share. Will appointment of Anwar loyalist as 7Eleven Chairman & Berjaya Construction Director helps VT to implement his restructuring plan as proposed by Jalil earlier? In the meantime collect laggard BJLand for better upside...
py1818 Tks for your daily bulletin.. All BJCorp Call Warrants has expired and no new ones in sight...in the meantime VT has been selling via direct biz transactions to Proxies for goreng purpose?...let's see what's VT next move?
py1818 * @earlyretirement @sailang_now @bulldog BjCorp Highest price 0.50 Resistant 0.39 Resistant 0.35 Price 0.33 Verdict - Need to confirm whether uptrend is still intact after T+2?...
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....
bulldog
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Top volume in the making
Huat chaiii