Interesting to see why VT keep selling bjcorp despite his shareholding already met the requirement. Who is the buyer? And more interestingly, they tried to keep the price within this range with last minute sell for past few days trading. Let's see whether we have any major announcement in next few days. Quarterly report out and probably announcement of purchase of the insurance company.
Iskandar Malaysia to be special economic region will boost BJAsset since the later has some strategic land currently submerged around Causeway and RTS. The land is also around CIQ and Berjaya Waterfront. The land value will be further boosted with such developments even before new developments on the land. Revaluation of the land will add further to BJA current valie. That bodes well for BJC and BJL from the cross shareholdings despite of the shrinking shares from BJC.
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....
Posted by bulldog > 2023-02-22 11:27 | Report Abuse
Ready to fly to break resistance