At this juncture, my view is , privatisation is not possible at all. For public shareholding spread, I believe bjland management will just ignore the warning from bursa malaysia and to purposely let the company to fall in to suspension of listing as this would not hinder the operation company normally.
Your view reminds you don't waste your time here, Sharan. For us, it is different. privatization will come before or after delisting. No company likes to keep small shareholders after delisting as it is extremely troublesome.
if VT wan to let it fall into suspension..he can do that long ago...at 80% 85% or even last 2 month when it broke the 85% threshold. Dun even need to apply for extension.
Nothing complicated or difficult Right from the beginning We are betting on our own belief that VT will privatise Bjl if not we die or trapped. There are good reasons to support our belief. We had already started the fight, do not give up at the last minute, fight until the last drop of our blood. Lose all or bring big return home.
Weknow very well it is more a gambling than investing, no different from the game we play in genting, may be a better chance to win because there are good reasons for us to do so, if I am lucky, I bring home 100% or more, if I am not lucky, I become a life long member or BJL There is very little time left to know the outcome, I am willing to test my luck here because I believe this is the fastest way to make a 100% or more return. Moreover there are good reason for me to take the big risk. To make big money we need big courage more than big knowledge. If you are a kiasi, then how can you make any big history in your investing life. I am not encouraging gambling, I am just explaining the truth "not confident to win, do not fight the wall" . No lament if one die for a good reason because we never promised ourselves "sure win".
I strongly believe BJL will be privatised Give them time to monitor the offer price I choose to fight until the end.
I am not well verge in company laws, can some sifu here kindly share with us what would I be or what can I do to protect my right if I am turned into a life long member of BJL
Just returned to KLSE after 2012(retirement concern),invest in FD,do day trading during last 1 month but lose due to compulsion/anxiety issues(unwilling to commit additional funds & over monitoring of trades - bad habits).Only shares I hold now is BJLAND - funds already committed.Guess like Aseng says,it's either do or die. Cheers!!!
Let's prepare ourselves as a life long member of BJL now.
Let's discuss what is our risk, what is our benefit.
Can someone kindlly share some basic knowledge of company laws. So we are not just a brave warriors but also wise warriors who can run away from a war that we can never win.
Share with us your knowledges. It is most important for us to fight a beautiful war
A brave warrior but we are not stupid. We will fight until tha last drop of his blood if there is hope to win but we will not fight if we see there is no to win.
Please share with us your precious view, what is our risk, what is our right or benefit if we are turned a life long member of BJL which possess some much valuable asset that had attracted to fight the war here.
We are not interested to know what vt doing now or next, we are more interested to know what would we be if we are turned into a life long member. What can we do any chance to recoupe the lost better ground.
Be brave but not foolhardy. Calculate the risks vs rewards but not blindly invests - Sometimes, fortune favours the brave ...... Good to be lucky too...
I just hope some kind sifu can share with us generously what would I be if I am turned in to a life long member. What right can I exercise as a member to prevent abuse of the abundant asset of the company by the big player after it is delited. What are the pro and con BJL remain listed or unlisted. If i can gain these useful knowledge, then it is not a loss to me even though I lose all the money here. Moreover the reason I enter the game is that I agree with the facts presented by many sifu here, including the one I paid, and all are pointing clearly the probability it will be privatised is very high. more that 80% . So the margin of error is less that 20%. It is not just brave or dare to die sort of idiot. It is that we see it as a once in a life time opportunity to gain a 100% return in a shortest time with a big mos, as stockraider put it. Of course, this is definitely not a game for the player with a chicken heart.
We fight on our belief not mercy of vt Let me know more about the rights of a life long member. I see whether is it possible vt beg my mercy if he try to play faults Please do not talk like an ikan bilis Talk about the worst to know whether there is a possible surprise bonus
Talk about the worst if it delisted We will fight until the last drop of our blood If we see there is hope to win or run away if there is no hope Do not talk cock, that only tell us you are a chicken heart trying to advise the lion heart how to fight a war
Very soon vt will own more than 90% of BJL. Not necessary for him to transfer the treasure from A To B. No point for him to kill BJL after it is delisted He can simply play some magic, BJL will come back even stronger. Then vt is my sifu who had helped me to become richer. You may have to wait a long time but definitely it will not longer than you plant musang King now and wait for the big harvest.
Talk and invest like a smart businessman with a lion heart. Not begging everyday vt or kyy to show mercy on you. Sifu already told you loud and clear, if you are stupid, you can not be rich. If you are a chicken heart, you can only enjoy some little joy to satisfy you own ego when you see the lion heart fail.
TSVT - holding at 85.213% (as declared on 25th Oct Bursa Announcement); Suppose - Penta Invest (166Mil shares balance as of 05th March which is about 3.3%) increased its shareholding up to 4.99% (which I think do not need to declared anything below 5%) which make up of 90.113% shareholding if exchange with BJCorp shares done between TSVT and Penta Invest with ratio of (Sce1) 1 : 1 (BJLand ~ 20cents : BJCorp ~ 235cents); (Sce2) 2 : 1 (BJland ~ 19cents (if price drop further) : BJCorp ~ 38cents (if stock price increase before 12/12); then will trigger for the take over with the price offer in their control. There might be possibility the BJLand stock price will goes up (maybe 40cents??) for the minority shareholders to withdraw from the counter (i.e selling off) OR maybe there will be a attractive share-swap offer for the minority shareholders to take. (just my personal opinion). Associate to the atmosphere/environment might be : BJMedia extension for PN17 escape plan and exercise; U-Mobile (maybe about the same -- March 2020) IPO; Surprise of Caring acquisition and combine with Berjaya Pharmacy; Berjaya Properties (mainly on Hotel and Resorts' assets) go listing after Berjaya Land Privatize. Berjaya Land - land-bank revaluation and reflected in BJCorp asset book (a little bit like IOI Properties (previously known as Lam Soon Huat) back then in 2008/2009 privatized and combined into IOI Corp (Of coz later relisting again in 2014)). IOI Corp was shoot up from about RM2.50 to a higher price back then (good old days). As for the STC, maybe will combine project with CHHB to develop a Medical / Healthcare / Wellness and a smartcity?? (just another of my opinion)
Posted by SDF2000 > Nov 3, 2019 11:13 AM | Report Abuse
TSVT - holding at 85.213% (as declared on 25th Oct Bursa Announcement); Suppose - Penta Invest (166Mil shares balance as of 05th March which is about 3.3%) increased its shareholding up to 4.99% (which I think do not need to declared anything below 5%) which make up of 90.113% shareholding if exchange with BJCorp shares done between TSVT and Penta Invest with ratio of (Sce1) 1 : 1 (BJLand ~ 20cents :
BJCorp ~ 235cents); (Sce2) 2 : 1 (BJland ~ 19cents (if price drop further) : BJCorp ~ 38cents (if stock price increase before 12/12); then will trigger for the take over with the price offer in their control. There might be possibility the BJLand stock price will goes up (maybe 40cents??) for the minority shareholders to withdraw from the counter (i.e selling off) OR maybe there will be a attractive share-swap offer for the minority shareholders to take. (just my personal opinion).
Associate to the atmosphere/environment might be : BJMedia extension for PN17 escape plan and exercise; U-Mobile (maybe about the same -- March 2020) IPO; Surprise of Caring acquisition and combine with Berjaya Pharmacy; Berjaya Properties (mainly on Hotel and Resorts' assets) go listing after Berjaya Land Privatize. Berjaya Land - land-bank revaluation and reflected in BJCorp asset book (a little bit like IOI Properties (previously known as Lam Soon Huat) back then in 2008/2009 privatized and combined into IOI Corp (Of coz later relisting again in 2014)).
IOI Corp was shoot up from about RM2.50 to a higher price back then (good old days). As for the STC, maybe will combine project with CHHB to develop a Medical / Healthcare / Wellness and a smartcity?? (just another of my opinion)
IN SUMMARY BLAND IS A VALUABLE VEHICLE TO OWN AND VT GANG ALREADY OWN MORE THAN 85% OFFICIALLY, IF HIS MACAI BOUGHT ANOTHER 5% & SELL TO VT HE CAN DELIST BLAND BUT HE CANNOT PRIVATISE IT YET LOH...!!
HE NEED TO GET ANOTHER 9% OF MINORITY SHAREHOLDER TO SUPPORT HIM LOH........!!
I am happy to pay the 9% a higher price to make it 100% mine. This is common sense not difficult to understand. Moreover when I come back the whole market will tremble
Agree. That's the fact. But after delistin, the price will be mediately 0.83 NTA minimim. We can ask for RM1 . We will enjoy all relisting benefits in future.
NO SIGN OF PRIVATISATION LO... OTHERWISE ORGANISE AGM FOR PARTY MEH? BRING YOUR LAWYERS TO MEET VT THERE. MEANWHILE KEEP COMPLAIN TO BURSA & SC, THEY FAILED THEIR DUE DILIGENCE AND ALLOW VT OWN MORE THAN 85% AND NO ANNOUNCE OF PRIVATISATION. I RATHER THEY SUSPEND BJLAND TRADING OR FINE THE MANAGEMENT 1 MIL A DAY TO KEEP IT TRADING. STOP THEM FROM FISHING THE REMAINING IKAN BILIS FROM THE MARKET. JUST BRING TO COURT AND SETTLE THERE.
They will be very generous us if we do not kakacaucau and to let them play the game they want. Just close one eye, do nothing and let them monitor the offer price.
Disclaimer : I am just a small businessman selling satay at my Taman. I have no licence to provide investment advices. Whatever I said earlier is for passtime and should not be construed as an investment advice. If you has benefited from my comment, then you are lucky. If you not, then you are unlucky.
Bj Land 2019-AR While grant through Bj Land Annual Report, note 12, Non-Current Receivables. Just notice that there are 3 major receivables contribute to RM1.358 Billion. 1. Receivables from GMOC disposal, RM508 mil; 2. Receivables from JDC Compensation, Jeju, RM504 mil; 3. Amounts owing by JV, RM265 mil. (Mainly Berjaya Hotay JV, operator of Sheraton Hotel).
As the Litigation and Arbitration of (1) and (2) are coming to the end; plus Bj Land lately have strong intention to exit Vietnam property market, to dispose off (3) is very possible.
Once the above 3 cases are closed in the near future, the cash inflow is of RM1.358 Billion. Which is equivalent to 26.5 sen per Bj Land share.
Many syndicates gather here again, some sell sand and some sell abalone satay. Sure BJLAND will be on focus. If KYY willing to spend some small money to buy the 9%, he will be a king maker in this stock. :)
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shortinvestor77
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Posted by shortinvestor77 > 2019-11-01 15:52 | Report Abuse
So Sharan dont waste your time here.