Yup! A simple announcement to buy Singer doesn't need 2 days suspension. There's more to meet the eyes....since 6% shares buyback is not enough to pay for Singer, BJCorp may swap its BJLand shares with VT to pay the balance? Later once the RM650 Million is received from Beijing SkyOcean & compensation from Jeju Kyoto. VT carry out Berjaya Group Restructuring Plan killing 3 birds with one stone? :)
Yup! Don't cry over spilt milk...now we know a benchmark has been set for the next obvious privatisation project according to VT's restructuring plan outlined earlier once the RM650 million is received by BJLand...
"The acquisition will involve the issuance of new BCorp shares at an issue price of RM0.33 each, representing a premium of RM0.14 or about 74% over last Friday’s closing price of RM0.19 per BCorp share. BCorp will issue about 1,175.76 million BCorp shares for the net payment of RM388 million."
Yup! "Remark: bjjcorp rectify that selling price four season from earlier RM 1.87 billion to now at RM 2.06 billion, a increase of RM 190m"
Sounds good! Means share of sales proceed of FSKyoto is now RM1.03 billion to BJCorp & another RM1.03 Billion to BJLand plus another RM650 million from Beijing SkyOcean to BJLand...
Since got windfall, someone should write to Board to declare a special dividend before AGM? A win win for all....
Lam LH, operator want to buy cheap from small retailers. Very sinful of them!!! Never mind la, we also buy sikit sikit together with the operator lo. Like last round, managed to average down to 13 cent and sell 90% above 20 cents!
Profit for period RM176.9 million. Profit attributable to share holders RM144.18 million. Earnings per share 2.89 sens. Next Qtr. will be also profitable after receiving RM650 million from Beijing SkyOcean as all impairment from sale of GMOC will be written back as gains!
Revenue for Qtr. 3 - RM1,520,849,000 Profit/(loss) before taxn - RM232,680,000 Profit/(loss) for the period - RM176,918,000 Profit/(loss) attributable to ordinary equity holders of the parent - RM144,180,000 Basic earnings/(loss) per share (Subunit) 2.89 sens per share
Yup! price is kept low for privatisation purposes so just play along & collect together with operators.
Share price increase anytime now is better than a miserable 1 sens dividend normally declared if any, during financial year end coming in the next Qtr. when payment of RM650 million is received from Beijing SkyOcean...
Yup! Analysis of the top 18 shareholders which are VT controlled companies & collaborators already collected 89.18% of BJLand shares. Balance are owned by minority, hence the focus and efforts by VT Machais to get them to sell?
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clp72
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Posted by clp72 > 2020-06-02 14:48 | Report Abuse
how come suddenly so dead this space... what happened to all the believers?