Right! if no corrections in light of new facts established...the analysis is faulty anyway & discredited! Btw seems pro-establishment & not on minority side?
I would attribute the error to Google Translation which is what I use to read Chinese. I find Sengsoon's analysis reasonable because my mind auto corrects the 2 figures.
Bursa Malaysia will be in a sea of red today! Another acid test for BJLAND share price performance! My target price to sell still remain at 0.260. All the best for current shareholders!
For the last 2 weeks, speculators /contra players bot and wait for 1/2 days, sure make money, alredy become routine .... but today cannot loh ....although expert advise them:
* Pinjam Ah Long
All in
Ah Long interest 10%
Now BJL RETURN 50%
FAST FAST ALL IN *
They also don't want to listen, but press the panic button. Most of them press the panic button before the lunch break and before trading day end .....
(p/s,Expert should be very happy, bcos she can buy cheaper and wait for 85sen privatization.)
Vt may get his macai sell to each other at lower price to press down the price mah.....!!
Posted by kahhoeng > Aug 26, 2019 6:19 PM | Report Abuse
DON'T TRADE! If we minorities don't trade, there's nothing to be gain by BURSA, SC, or VT. VT will then be forced to privatize BJLand and treat his minorities better under his wing of listed companies!
JUST DON'T TRADE, VT macai sells and buy all they can. Except for paying brokerage fees, clearing fees, and tax, VT will get NOTHING, acquiring no shares and unloading no shares, ONLY SIOK SENDIRI!!! Bursa, SC and VT will only then realize minorities are F**King pissed off and not going to be fooled anymore!
If you notice all his counter this time making lost or big drop in profit this quater. BJToto, BJfood, BJassets and he is buying into all this counters at the same time.
Majority are provisions for impairment on goodwill which are non monetary in nature (a favourite accounting trick by VT's Accountant to hide the actual profits), such provisions can be reversed anytime to recognise the profits at a later date. If VT is buying aggressively on all his counters at the same time when such impairment loss are simultaneously announced out of nowhere, with increased Macai activities points to some corporate actions in the near future?
Yup! This confirms the accounting trick to defer recognition of profit for the current Qtr.
Berjaya Land Bhd (BLand), which is controlled by tycoon Tan Sri Vincent Tan managed to post a net profit of RM148.03 million for the cumulative 14-month period.
Quarterly and cumulative revenue stood at RM1.08 billion and RM7.32 billion respectively, the group said in an exchange filing.
BLand said profit during the two months under review was impacted by unfavourable fair value changes (non monetary provision impairment) of investment properties, gaming rights, assets of disposal group, as well as that of goodwill.
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Posted by kahhoeng > 2019-08-25 23:01 | Report Abuse
sengsoon PART 5 : 蓬山此去无多路,青鸟殷勤为探看 20190825
Fainted, total number of shares outstanding is 5 billion, 15% is equivalent to 750 million, NOT 75 million lah!