Cash in hand is a main factor. I was wheathered from 1980 till now. What sort of economy turmor I never came across within this period of time. This this the time for you to get rich or broke, depend on your holding power and luck.
privatization is not coming anytime soon la. the financial statement of BJLand is very fluctuating. even it comes, how much they wanna pay to minority shareholders? RM0.20???
Analyse BJLand shareholding below, maybe can find out who is collecting?
80% BJCorp 8.9% Institutions 6% Private Companies 3% General Public 2.1% Individual Insiders Since VT & BJCorp already owns 85%, balance of 15% minority shareholders are mainly 8.9% Institutions & 3% General Public.
VT personally holds 1.93% or 96.3 million shares while Penta only left 0.01% or 451k shares while Dimensional Fund has 0.42% or 21 million shares. BJCorp sold 0.78% last year to bring BJ Group's shareholdings back to 85% to meet Bursa requirements for listing
Quite frankly, I am not familiar with listing requirements and has no way to confirm if the board of BJLand has acted accordingly and can only hope it is. With reference to the dividend, I should first apologize. Tan Sri VT had only mentioned about dividend upon disposal of Kyoto Four Season during BJCorp's AGM but not BJLand's. My writing may have not reflected this accordingly. Meanwhile, I am still hoping for a clearer answer from the board of both BJCorp and BJLand, i.e., if and when a dividend be declared for the disposal. When Tan Sri commented on a dividend upon disposal, I believe I have not heard any other BJCorp's directors (some were actually sitting on BJLand's board, right?) offering any clarification or disputing what Tan Sri has commented. I can understand current business environment is not appealing. I am not here seeking a huge payout, I am merely seeking the board to act on Tan Sri's promises, even a cent or two per share of dividend will do (each cent per share of dividend cost BJCorp and BJLand less than RM 60 million and BJCorp stands to receive the most from BJLand's dividend), just update us the condition if a dividend can't be too much. I have invested for years and not here seeking short term gain, and I would appreciate the board to have some level of accountability.
No Date of change No of securities Type of Transaction Nature of Interest 1 23 Mar 2020 15,000,000 Acquired Direct Interest Name of registered holder Berjaya Corporation Berhad Address of registered holder Level 12 Berjaya Times Square No. 1 Jalan Imbi 55100 Kuala Lumpur Description of "Others" Type of Transaction 2 24 Mar 2020 2,436,000 Acquired Direct Interest Name of registered holder Berjaya Corporation Berhad Address of registered holder Level 12 Berjaya Times Square No. 1 Jalan Imbi 55100 Kuala Lumpur
Board of Directors (“Board”) of Berjaya Land Berhad (“BLand”) wishes to announce that the public shareholding spread of BLand is 14.78% which is below the 15% minimum public shareholding spread requirement approved by Bursa Malaysia Securities Berhad (“Bursa Securities”) vide its letter dated 20 December 2018.
In view of the above, the Board of BLand will seek the approval of Bursa Securities for an extension of time to comply with the approved minimum public shareholding spread requirement.
Is this a trap set by VT and the gangs to get new fish ? I think this not the the first time BJland did this ! Be aware !
========================================================== In view of the above, the Board of BLand will seek the approval of Bursa Securities for an extension of time to comply with the approved minimum public shareholding spread requirement.
This Announcement is dated 24 March 2020. 24/03/2020 9:50 PM
Don't worry this time, not VT & Gang is buying. It's BJCorp the holding company which has the share swap/delisting card, if they can get minority to sell at current low price. Now is the bes buying time before the Jeju Compensation comes.The good news is that Short Selling has been suspended by SC/Bursa.so Macais can't short sell anymore given 8.9% Institutional & 3% hardcore retail shareholders would not sell unless the price is right & mind you most of them are holding the shares bought at 60 sens or more?
At this moment, bjcorp buying bjland is good thing to all parties. If prices going up to 0.30 above, should be encouraged. But if you're punter wishes to trying luck and scrambling with the good deed, you may get caught yourself.
Yup! Not many punters are buying this time...which is a good thing as mostly weak holders...but it's the best time for those who bought high to average down their cost for share swap/delisting exercise once the Jeju Compensation comes. .since 85% BJLand shares already in BJGroup hands & 8.9% with Institutions & 3% with hardcore retail, there are not much free floating shares left in market as short selling has been suspended by SC/Bursa
Newbie here. Why the boss keep top up bjland St ill got how much share small holders keep. Can I buy now 16sen Cheap. If buy can ask bjc private at 50sen ?
The choice is yours if got extra money...treat as 3-6 months FD since interest so low now and see how by May as we will know how much cash BJLand gets from JeJu Korea compensation & GMOC Arbitration by April?
Since BJCorp & VT gang already controls more than 85%. Chances of share swap & delisting very high if BJCorp keeps on buying...also with suspension of short selling and VT collaborators Penta only left 0.01% or 451k shares while Dimensional Fund has 0.42% or 21 million shares there is not much free floating shares left to Buy/Sell by players.
Since VT & BJCorp already owns 85%, balance of 15% minority shareholders are mainly 8.9% Institutions & 3% General Public. VT personally holds 1.93% or 96.3 million shares.
I noticed the under value song being sang from Rm0.35 by Laulau. The special dividend song sang by kaehong since then. None of it happen! Now I sing the 8 cents song, see can happen in April on not! Meaning if you buy at current which already rotten, still potentially losing 45%. Don't play play with VT. That is his record in early 2000.
If you tracking BjLand and Bjcorp, the prices have been in downtrend since the past 8 years.....now is going to trend down for another 5 years. Champion!
Kasinathan, I didn't sing for special dividend, I initially hoped for a similar treatment offered to penta + some cash cause we're holding longer than penta. I later seek dividend cause VT himself is saying dividend upon kyoto four seasons disposal. VT said and I only seeking the BODs to honour his words
kasinathan, I just don't want you to misrepresent my posts here. Of course, I'm clueless if VT will honor his words, but I have to try as a minority shareholder...
Business man honors his word only when he signed in black and white. Or else very sorry, Year 2020 is not our grandfather time who honors with words only.
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....
Paulnga
116 posts
Posted by Paulnga > 2020-03-23 14:29 | Report Abuse
Jeju coming!