Once VT and son confirmed stepping down from their executive roles after market close today, the price of BJLand will surge to break 60 sen tomorrow, cheers.
Confirm already Tsvt resignes as Executive Chairman with immediate effect! "Meanwhile, BCorp group chief executive officer (CEO) Abdul Jalil Abdul Rasheed, who was appointed to the board on March 16, has been mandated to transform the group into a high-performing organisation through streamlining the various group businesses to create and enhance shareholder value, optimising financial and human resources, improving synergies and efficiency as well as enhancing corporate governance and transparency, according to the statement." https://www.theedgemarkets.com/article/vincent-tan-redesignated-berjaya-corp-nonexecutive-chairman
Profit taking well absorbed for a 2 sens gain today. Uptrend still intact as many day traders bought in again as not many sellers at current price? Let's wait for the next announcement from Jalil on Corporate Restructuring since Tsvt already stepped down as Executive Chairman.
Contributing almost 70% of the BJCorp revenue and assets, privatization of BJLand makes great business sense as the cost saving and gain in asset redistribution would be tremendous. It should have been within the VT (or new CEO)'s game plan. Hope shareholders would be offered a fair and reasonable price. Let quickly clear this up and move on to the restructuring plan. Mr. Jalil has the power and will.
Don't let others distract us this is the key word... "Business-wise, Berjaya Corp has amassed 86% in BLand. Securing the minorities’ approval to privatise the company can be difficult unless the price is right."
Well said! it's now or never...either way it's win win this time!
stockraider Why u can Smell and See $$$$$$$ coming to bland in not to distant future leh ??
1. The journey is set when VT bought bland share from Penta at Rm 0.38. 2. The journey confirm very real when VT had bought bland and have more than 87% 3. The journey is confirm viable when u check the map bland nta is rm 0.85 per share. 4. The journey confirm when bland share price accelerated from rm 0.19 to rm 0.50! 5. The journey is confirm when the share volume of bland has picked up to a record volume for the past 2 wks. 6. The journey is confirm when VT start disposing its assets in vietnam, China, Korea and japan to gather more bullets. 7. The journey is confirm when BJLand get back RM650 million cash from sale of GMOC though China People's Court soon? 7. The journey is confirm when VT get his macai or allies to start collecting Bland, 8. The journey is confirm when JR is appointed Group CEO with full mandate to carry out a corporate restructuring for BJ Group. 9. The journey is confirm when VT officially steps down as Executive Chairman and hinted that his next project is to convince government to carry out housing projects for B40 etc. Guess BJLand is the housing development arm with most of the landbank?
In other words it is confirm the journey of $$$$$ going to masuk your pocket is already a surething mah....!!
See BJLand's 52 weeks Lowest & Highest 5 years share price trend from 2013 to 2017 " 2017 - Lowest 36 sens / Highest 66 sens [Profit for the year RM 411,221,000] 2016 - Lowest 56 sens / Highest 76 sens [Loss for the year RM (165,024,000)] 2015 - Lowest 63 sens / Highest 83 sens [Loss for the year RM (161,828,000)] 2014 - Lowest 75 sens / Highest 88 sens [Profit for the year RM 309,213,000] 2013 - Lowest 76 sens / Highest 93 sens [Profit for the year RM 296,775,000]
Once TSVT takes bjland private then bjland can be listed in Singapore. With little free float and needing to comply with the rules of securities commission, there is no other way but to privatise bjland to unlock shareholders value for bjcorp and a way out for bjland.
kayguan1 now a day the new rule is outstanding 90%, balance 13% that mean vt need buy another 12%(13%x90%) total need about 99%. that y the article say no easy 06/04/2021 1:13 PM
IF this is true, OFFER CAN BE VERY CLOSE TO NTA, AROUND 80 SENS, so just wait another few months
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williamtkb
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Posted by williamtkb > 2021-04-05 11:19 | Report Abuse
Rocket going to take off.... Are you ready?