Posted by Leong1982 > 2020-05-19 10:49 | Report Abuse

Same, also waiting at 18c and below

Posted by Leong1982 > 2020-05-19 10:50 | Report Abuse

slowly buy, every RM0.005 top up a bit. Ride with the operator!

Posted by Leong1982 > 2020-05-19 10:51 | Report Abuse

My average cost is just RM0.13, can slow slow play lo

Posted by bahai4453 > 2020-05-19 19:26 | Report Abuse

Buy in below 0.18 and throw out at 0.19 and above, we follow operator's tactics. They stop and we stop. I already cleared mine ( bought @0.16).
Don fancy another benefits or dividend from VT and stop all your fantasy about privatized of Bjl.

Posted by somo1 > 2020-05-19 19:32 | Report Abuse

Smart play.

Posted by bahai4453 > 2020-05-19 22:36 | Report Abuse

I watching VT for sometimes, I learned from him.

Posted by bahai4453 > 2020-05-19 22:38 | Report Abuse

China man always a china man. Very smart in business and selfish.

Posted by Leong1982 > 2020-05-19 23:31 | Report Abuse

damn right Bahai, same strategy here!! it helps me average down to RM0.13 and also manage to buy low sell high!!

Posted by Leong1982 > 2020-05-20 13:26 | Report Abuse

hehehe, 18c now, hope can get 0.18, 0.175, 0.17, 0.165,......., 0.005.
This is how operator wanna bully us

Posted by bahai4453 > 2020-05-21 14:49 | Report Abuse

Now wait. Don enter. No 0.175 no in.

Posted by bahai4453 > 2020-05-21 14:51 | Report Abuse

They get their money, we get our money. Don't hold long. They push up a bit we sell.

Posted by bahai4453 > 2020-05-21 14:53 | Report Abuse

Folks nobody can privatized a company overnight. When they announce we chip in.

Posted by somo1 > 2020-05-21 18:45 | Report Abuse

Lol

Posted by kahhoeng > 2020-05-22 09:25 | Report Abuse

Best don't touch unless you have enough to buy the whole company... VT has already shown us what he can do, NO dividend, NO price support if he's not buying, and who knows what investment strategy that minorities ONLY assured one thing so far, not getting a cent of dividend.

Posted by bahai4453 > 2020-05-22 13:50 | Report Abuse

Very simple theory, all investors want some return from what they invested. So, if a company doesn't give you anything, for no reason for you to hold on and support them anymore.
So, trade along with them to get something back.
Anyway I think Berjaya groups already at the rock bottom price now and might last for another decade at this penny level.
World is changed after 2020.

Posted by Jeffreyteck > 2020-05-22 19:50 | Report Abuse

Apr results should be very bad yoy as last Apr is excellent. Anyway, it is the chief trader decision whether to jack up or push down the price.

Posted by Leong1982 > 2020-05-27 08:50 | Report Abuse

0.175 coming, continue to collect slowly hehehe

Posted by kahhoeng > 2020-05-27 17:35 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3053140

BLand is pleased to announce that GMOC has on 21 May 2020 obtained a favourable arbitration award from the HKIAC (“Final Award”), details of which are as follows:-

(i) Beijing SkyOcean shall pay to GMOC the outstanding balance amount of RMB974.07 million;

(ii) Beijing SkyOcean shall pay liquidated damages on the outstanding balance amount calculated at the People’s Bank of China’s lending rate of 4.75% per annum from the payment due date of 28 November 2017 until the date full payment is made;

(iii) The Guarantors shall be jointly and severally liable for the amounts payable by Beijing SkyOcean under the Final Award; and

(iv) The Respondents shall jointly pay legal costs of about RMB15.9 million (or about RM9.72 million) and arbitration costs of about HKD3.96 million (or about RM2.23 million) within 30 days after issuance of the Final Award, failing which late payment interest at 8% per annum shall be charged from the due date until the date of actual payment.



GMOC will proceed to seek recognition and enforcement of the Final Award in all relevant jurisdictions after 20 June 2020, upon the expiry of the 30 days’ voluntary settlement period stated in the Final Award.

Posted by KWSI7317 > 2020-05-27 18:36 | Report Abuse

last phrase voluntary period does means 30 days to settle, otherwise legal action would be taken

Posted by Leong1982 > 2020-05-27 18:42 | Report Abuse

RM600 million cash compensation!!
Per share get 12 cents!!!
Tomorrow fly to RM0.30????

Posted by stockraider > 2020-05-27 19:16 | Report Abuse

They need to enforce the arbitration judgement in china, hopefully they are successful to get some form of payment loh...!!

Posted by kahhoeng > May 27, 2020 5:35 PM | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company...

BLand is pleased to announce that GMOC has on 21 May 2020 obtained a favourable arbitration award from the HKIAC (“Final Award”), details of which are as follows:-

(i) Beijing SkyOcean shall pay to GMOC the outstanding balance amount of RMB974.07 million;

(ii) Beijing SkyOcean shall pay liquidated damages on the outstanding balance amount calculated at the People’s Bank of China’s lending rate of 4.75% per annum from the payment due date of 28 November 2017 until the date full payment is made;

(iii) The Guarantors shall be jointly and severally liable for the amounts payable by Beijing SkyOcean under the Final Award; and

(iv) The Respondents shall jointly pay legal costs of about RMB15.9 million (or about RM9.72 million) and arbitration costs of about HKD3.96 million (or about RM2.23 million) within 30 days after issuance of the Final Award, failing which late payment interest at 8% per annum shall be charged from the due date until the date of actual payment.

GMOC will proceed to seek recognition and enforcement of the Final Award in all relevant jurisdictions after 20 June 2020, upon the expiry of the 30 days’ voluntary settlement period stated in the Final Award.

Posted by somo1 > 2020-05-27 19:21 | Report Abuse

Hulala...

Posted by hkchee78 > 2020-05-27 20:09 | Report Abuse

https://www.sinchew.com.my/pad/con/content_2278968.html

Posted by simon2020 > 2020-05-27 21:03 | Report Abuse

http://arbitrationblog.kluwerarbitration.com/2019/04/02/hong-kong-and-mainland-china-agree-upon-bilateral-arrangement-regarding-interim-measures-for-arbitration/?doing_wp_cron=1590289441.7564361095428466796875

Posted by stockraider > 2020-05-27 23:34 |

Post removed.Why?

Posted by kelvin61 > 2020-05-28 00:11 | Report Abuse

Good sharing of info by Stockraider, thanks. I'm looking forward to TSVT completing the buyout of BJLAND in the not too distant future, cheers.

Posted by Diego2020 > 2020-05-28 01:56 | Report Abuse

does compensation will be added as ROE or be considered as cash on hand? that will be used to further projects?

Posted by wantanmi > 2020-05-28 08:37 | Report Abuse

Yup!
Flashback...Berjaya Land unit submits arbitration notice to recover sum from China mall sale
Ahmad Naqib Idris

theedgemarkets.com

January 19, 2018 20:41 pm +08

Berjaya Land had proposed the disposal in December 2015, when the mall was still under construction to raise cash to repay borrowings, creditors, contractors and to defray taxes on sale of the mall and incidental expenses.

Berjaya Land's share price rose 0.5 sen or 1.51% to 33.5 sen for a market capitalisation of RM1.67 billion.

https://www.theedgemarkets.com/article/berjaya-land-unit-submits-arbitration-notice-recover-sum-china-mall-sale

"

Posted by OceanSky > 2020-05-28 09:27 | Report Abuse

Once the compensation received, it will be counted as ROE under equity section;
and at the same time also classified as cash on hand under Asset section.
Under finances statement, Assets = Equity + Liabilities.

Posted by OceanSky > 2020-05-28 09:32 | Report Abuse

With both proceeds from Kyoto hotel sales and GMOC compensation.
Total 915 + 595 = 1,510 million.
It has strengthen Bland Financial position within 3 months.

Assume repayment of bank loan is 1,200 million.
The present BLand bank loan (exclude Bj Toto portion) will drop from 1,800 mill to 600 million.

Posted by Paulnga > 2020-05-28 09:35 | Report Abuse

Jeju also coming!

Posted by wantanmi > 2020-05-28 09:54 | Report Abuse

Yup! BJLand was 33.5 sens at the time Arbitration for GMOC was filed...now already won should be at least status quo...so don't wait until compensation from Jeju Korea comes or it will be too late to catch the train to Jeju.... :)

Posted by tahong > 2020-05-28 10:10 | Report Abuse

Wow! look like coming, better jump in fast before the engine start to move up

Posted by Eric Lim > 2020-05-28 10:40 | Report Abuse

will fall back to 0.18

Posted by Eric Lim > 2020-05-28 10:42 | Report Abuse

market is very generous and will Let Mr. Tan privatise the company FOC

Posted by Paulnga > 2020-05-28 10:43 | Report Abuse

Disappointed! Old fox no power Liao!

Posted by Sansing > 2020-05-28 11:03 | Report Abuse

No deep pocket investors here to challenge this old fox .

Posted by Sansing > 2020-05-28 11:11 | Report Abuse

I wish Uncle KYY is here

Posted by kahhoeng > 2020-05-28 11:46 | Report Abuse

There's a 4.75% liquidated damages on unpaid sum, so BJLand shall receive more than RM 650 million, though BJLand owns only 51% of that sum and there's no telling Beijing Skyocean has the money the pay or BJLand is holding on to sufficient collateral...

Posted by wantanmi > 2020-05-28 12:06 | Report Abuse

Yup! Better to move up little by little to prevent profit making by day traders...and don't worry as collateral held on behalf of BJLand by Beijing Court is RMB20 Billion (RM12.16 Billion) worth of Beijing SkyOcean's assets Vs RMB 974 million (RM600 million) compensation to be paid to BJLand.

"In January 2018, the Chenggong Group filed an arbitration with the Hong Kong International Arbitration Center, but the trial has not yet been held, but the Beijing Third Intermediate People ’s Court has ruled that some assets of the Tianyang Group should be preserved.
The equity value of several companies such as the Sherd Group, which was preserved by the court, reached more than 20 billion yuan, exceeding the disputed amount. Tianyang Group is applying for reconsideration to release the over-preserved assets, and intends to release the 70% stake in the Shed Group through guarantees."

Quote:
"The willing wine industry plummeted because of a rotten building dispute in Yanjiao
Morgan Stanley Finance2019-11-19 23:53
attention
Follow Dai Mo Finance,
Focus on people and things in the capital market
Open Tencent News and see more high-definition pictures
Tianyang Group dilemma
Writer | Qiao Ke
Produced by | Damoland (ID: damoland)
On the east bank of the quiet Chaobai River, Yanjiao, Sanhe City, with an area of ​​only 105 square kilometers, was once a paradise for "Renjing" speculators. The house prices here started from an average of less than 5,000 yuan / square meter in 2015, and reached a maximum of 40,000 yuan / square meter in early 2017, and then fell below 20,000 / square meter in a roller coaster trend.
Located in the southeast corner of the intersection of Yanjiao 102 National Road and Chaobai River, adjacent to the first stop of Tongyan Expressway, the orange rotten tail tower once became a special presence in the Yanjiao real estate market.
This successful grand plaza, called "unsuccessful" by local residents, was invested and developed by Malaysian gaming giant Success Group. It covers an area of ​​310,000 square meters, with a total construction area of ​​1.73 million square meters, including an indoor theme park, with a total investment of more than 50 100 million yuan, known as "the world's largest commercial project."
The Grand Plaza of Success started in 2005, but it was not completed as scheduled in 2008, but became the largest commercial rotten building in Yanjiao. At the end of 2015, Tianyang Holding Group (hereinafter referred to as Tianyang Group), which had just become the controlling shareholder of Shede Wine (600702.SH), took over the project with 2.08 billion yuan. In 2017, in order to cooperate with the local traffic reconstruction project, the successful Grand Plaza was demolished and abandoned, and the Tianyang Innovation Center project will be replaced in place.
What is interesting is that this abandoned building, which has been forgotten, is finally related to the willing wine industry. On November 18, 2019, the willing wine industry fell by 9.05% because of the news that "Yes The real shareholder of the wine industry, Tianyang Group, holds the Tuo Pai Shede Group's equity, which has been frozen by justice. "
Shed Wine issued a clarification announcement that evening, which was because the controlling shareholder Tianyang Group was arbitrated by a successful group in Hong Kong due to commercial contract disputes, which led to the preservation measures of assets such as 70% equity of the Shed Group held by Tianyang Group.
The announcement disclosed that at the end of 2015, Tianyang Group successfully took over the Grand Plaza with 2.08 billion yuan and paid the initial payment of 1.015 billion yuan on time, and the final payment was adjusted to 974 million yuan. Tianyang Group has not paid the final payment. In January 2018, the Chenggong Group filed an arbitration with the Hong Kong International Arbitration Center, but the trial has not yet been held, but the Beijing Third Intermediate People ’s Court has ruled that some assets of the Tianyang Group should be preserved.
The equity value of several companies such as the Sherd Group, which was preserved by the court, reached more than 20 billion yuan, exceeding the disputed amount. Tianyang Group is applying for reconsideration to release the over-preserved assets, and intends to release the 70% stake in the Shed Group through guarantees."

https://xw.qq.com/cmsid/20191119A0PX1T00?f=newdc

Posted by simon2020 > 2020-05-28 12:28 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/05/28/quick-take-bland-soars-14-on-arbitration-win

Posted by kahhoeng > 2020-05-28 13:21 | Report Abuse

wantanmi, thanks for the clarification

Posted by bahai4453 > 2020-05-28 13:31 | Report Abuse

Only pariah counter will afraid of day traders. Don't dream about money coming back to Berjaya land. That never happen before after the 4 seasons and Vietnam cases. Hahahaha........
Now the boss may be planning to put the money in US or Myanmar once again like what he did before and bought a hotel in Iceland. This time VT may be thinking of increasing the stake in 7-11 or say invest in other glove shares. Bro, just dream. Its ok to dream that the shares will shoot up .



==================================================================
Yup! Better to move up little by little to prevent profit making by day traders...and don't worry as collateral held on behalf of BJLand by Beijing Court is RMB20 Billion (RM12.16 Billion) worth of Beijing SkyOcean's assets Vs RMB 974 million (RM600 million) compensation to be paid to BJLand.

Posted by Leong1982 > 2020-05-28 14:09 | Report Abuse

86% in big boss's hand. what to worry?

Posted by Anaconder > 2020-05-28 16:13 | Report Abuse

Shit ctr, 34 m/s traded up only 1 sen

Posted by Leong1982 > 2020-05-28 21:23 | Report Abuse

if someone wants it to be 38 cents, tomorrow can go up to 39 cents

Posted by somo1 > 2020-05-29 02:22 | Report Abuse

Very true, but it was anti-climax yesterday. I guess continue d patience is key.

Posted by Sansing > 2020-05-29 10:03 | Report Abuse

Very hard to make money from this counter better buy Comfort

Posted by Eric Lim > 2020-05-29 10:54 | Report Abuse

Mr. Tan is a gentleman, he lets all the good news out before he start to privatize the company. Last chance to collect before the Jeju case outcome be announced.

Posted by kahhoeng > 2020-05-29 11:39 | Report Abuse

what gentleman? He told me dividend two years ago, and I have yet to receive a single cent! If there's no improvement in business or disposal of assets, I won't be so pissed off. No money to declare even a single cent of dividend but got money to buy 7-11, BJFood, and BJAsset?