Just thinking, if any short sellers not from VT gang dare to play "short" in this counter, I think the 赌神 will make them looooooong......hehehe........
err... unless its VT's "master plan", I doubt there's anyone who dares to 'short' BJLand, given less than 15% is floating, and much less if Penta's BJLand is still held by Penta itself. If Penta has already sold its stake, this would strongly suggest BJCorp subsidizing Penta to dispose BJLand at premium. BURSA and SC would have clearly kept a "half-closed half opened" eyes on the deal if that's truly the case!
yes....privatise n delist is the only way now...otherwise he will not buy when sc already issue warning . he shld be thinking of selling his share n not buying if he din want to privatise. by doing so he already gave a strong signal to the market he is privatising.
err.... what joke is this? Board announced its intention NOT to privatize BJLand but VT just keep buying... Insider trading on material non-public information?!?
Ooh....VT bought again!! Last time he bought, price down from 0.24 to 0.18, before this, up from 0.15 to 0.24.....ha...this round up or down?? guess up, if correct - dapat paha ayam....anticipate going down - stay away!! In situation like this, sometime..... this can be read as VT's final signal (I am just tempak).....hehehe........
VT has never sold BJLand shares. He only buys BJLand shares. He knows it is far undervalued. Thus he needs to privatize fast and offer us a handsome price.
My guess, to avoid VT being fined from trading on material non-public information and tainting his name further, there's only one way to go, i.e., NO delisting but a good news from either Sungai Besi or Jeju court ruling doling out big bucks to BJLand.
i was told VT is a rich , generous and kind man it is certain that he will reward his faithful minority share holders soon . We must continue to support him he is busy working the best way to reward us
Of course VT is rich, action-packed , generous and kind , but only to his next of kins ! He and his BOD is planning the best way to con you all once for all. Privatised at 0.20.
Cardiff City have been ordered to pay Nantes the first €6m (£5.3m) instalment of the transfer fee for Emiliano Sala, which is a defeat for the club’s argument that the contract to sign the player was not fully concluded at the time he died in a plane crash on 21 January.
cheap lying boss and board, what to do? Real thick skin VT, when asked about dividend this year during last AGM, I was told this year, only to end up with another disappointment, despite healthier balance sheet and operating cash flow...
Manny many years ago (early 90's) when I first started, I bought Sport Toto after reading investment books and observed that Sport Toto Berhad (predecessor of B Toto) was in an excellent business, highly profitable. A year later, TSVT took it private but did not reward the public share holders. They were given the holding company shares, B Leisure, plus right issues whereby public have to inject more or their hard earn money. B Leisure was TSVT holding company for many different companies. In other words, the "GEM" (highly profitable gambling business then) was swapped out with "stones" as replacement to the public shareholders and worst still they were asked for more money input through right issues. B Leisure was performing very poorly and I think I lost at least 60% of that investment.
After a couple of years,TSVT relisted the privatised S Toto as Berjaya Toto. In the above process, hundreds of millions were taken out from the public's hard earn money.
Some 5-10 years latter, I noticed that Berjaya Capital was a cash rich company with net cash of about RM2.5 - 3.0 per BCap share. Some years before that, BCap had sold Prudential Insurance for about RM790 m cash making B Cap a highly cash rich company. However, B Cap was always trading at about RM2.0/share. I thought it was an opportunity for me to get back the money I lost to VT from the SToto to BLeisure + Right issue share swapp game. I bought a lot of shares at around RM2.10/share and thought I should make my money back with good extra profit. Guess what happen later? After holding for a few years, there was not much up or down movement which I could not understand. Then, BCap share price started drifting downwards. Luckily I cut lost at by selling at RM1.5. I think it went much lower than that later. What came out latter was that BCap had loan all the RM800m cash to other TSVT companies and there were no collateral attached to the inter companies loan !! I had to admit that there are market sharks who were took advantage of the hard earn money of public investors and they were just too clever and dangerous for small shareholders.
Right! and now BJToto is 41% owned by BJLand.. btw will there be an announcement by BJCorp/Bursa? on 10 October also known as Double Ten Celebrations in China?
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Posted by 888STOCK888 > 2019-09-30 15:16 | Report Abuse
Short sellers very geng... Dare to sell without shares in hand... Hehe