Thanks miniminer. Main goal is to recover capital or minimise loss, and leave Bursa for good. My luck is not good in Bursa except for purchase of Maybank. I have always been in SGX since years. Thought to test water in Bursa and kena pulak. I will weigh and see.
I think VT is selling both BJLand & BJCorp shares recently. Don't know what's his game plan but but at the rate BJCorp is falling today may catch up with BJLand soon?
thks @py1818 since most retailers here has bjland & bjcorp shares appreciate a daily bulletin for bjcorp too since support 0.40 already broken as an alert for orderly exit & reentry? py1818 Daily buletin also for @sailang_now and @Sinoboy
Verdict - Bad. Throught this month major support 0.40 has never been broken by closing price. Yes broken by intraday prices but always rebounded to close above 0.40.
Today it broke support 0.40. Next support 0. 34.
Closing price must close above 0.40 to show uptrend. If below then downtrend 15/04/2021 9:03 PM
@py1818 much appreciated Will wait for JR to unveil his Strategic Plan first before deciding on reentry. A little bird told me Team JR is working hard on the plan over past month into late evenings!
VINCENT TAN CHEE YIOUN NRIC/Passport No./Company No. : - Nationality/Country of Incorporation : Malaysia
Address: -
Descriptions (Class and Nominal Value): Ordinary Shares
Name and Address of Registered Holder: You are advised to read the entire contents of the announcement orattachment. To read the entire contents of the announcement or attachment,please access the Bursa website at http://www.bursamalaysia.com
Details of Changes
Date of Notice : 13/04/2021
Transactions: No. Date Transaction Type No of Shares Price (RM) 1. 13/04/2021 Disposed 100,000 -
100k for $33k also wanna dispose...VT must be impoverished! lol
Stock [BJLAND]: BERJAYA LAND BHD Announcement Date 15-Apr-2021 Substantial Shareholder's Particular: Name TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN Details of Changes: Currency - Date of Change Type Number of Shares 13-Apr-2021 Disposed 100,000 Registered Name Berjaya Sompo Insurance Berhad Nature of Interest Deemed Interest Nature of Interest Deemed Interest Shares Ordinary Shares Reason Deemed interested by virtue of his deemed interest in Berjaya Sompo Insurance Berhad - Disposal of shares via open market Total no of securities after change Direct (units) 95,532,000 Direct (%) 1.94 Indirect (units) 4,150,239,372 Indirect (%) 84.35 Total (units) 4,245,771,372 Total (%) 86.29 Date of Notice 13-Apr-2021
U ppl wanna speculate in the mkt, never look @ chart ? How can u only play with fundamental analysis but no technical analysis??? The chart now looks like Sumatec in 2014!
stockraider only looks @ fundamental...perhaps zero technical side...however, I use both, with my strength definitely on the technical side. I credit technical analysis with my big win on AHB last year... =)
The selling of Bjcorp & bland are mainly due to associate berjaya-sompo insurance joint venture where vt has only 30% stake in which have no control mah....!!
The sompo block of bland & bcorp need to be cleared b4 it can decisive move up loh!!.
Why previously Sompo did not sell leh ?? Bcos losing monies mah...!!
VT still wants bcorp to move up alot loh....but 1st they must take out the sompo block cheaply 1st loh!!
Quietly Vt cronies are accumulating to do that loh!
Technical is like weather forecasting & for a very short term only loh!
Bcos weather change very fast loh!!
If u forecast rain today & tomorrow....u sell very quickly loh....but what happen u cannot buy back your position leh ??
Thus it is better to go for fundamental loh....establish your intrinsic value & margin of safety and the long term direction the owner wants stock to go mah!!.
I m not saying TA no good....but it can only use for very short term guidance loh!! Bcos not every time rain mah!
Posted by dompeilee > Apr 16, 2021 10:16 AM | Report Abuse
stockraider only looks @ fundamental...perhaps zero technical side...however, I use both, with my strength definitely on the technical side. I credit technical analysis with my big win on AHB last year... =)
As mentioned yesterday, yesterday closing price 0.33 closed lower than support 0.35, signalling downtrend. Now 0.33 becomes the resistant. Today closing price must close above 0.33 otherwise VERDICT is more DOWNTREND.
Those who looked @ the chart of Sumatec at the peak & after the peak in 2014 & understand TA would have stayed AWAY...FA without TA or TA without FA is like trying 2 walk with one leg.
Closing price keep getting lower. Yesterday was 0.33 and today is 0.32. Eventhough it is only 0.01 lower, but this means it getting closer to support 0.28. A RISING share always attempt to break resistant. Unfortunately this past few days BJLAND is not breaking resistant.
at least now there's an informed exit & reentry level instead of a tumble. Having said that the future is still bright for Berjaya once all those selling by VT is done &-Jalil comes out with the roadmap for recovery?
Name TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN Details of Changes: Currency - Date of Change Type Number of Shares 14-Apr-2021 Disposed 3,669,000 Registered Name Berjaya Sompo Insurance Berhad Nature of Interest Deemed Interest Nature of Interest Deemed Interest Shares Ordinary Shares Reason Deemed interested by virtue of his deemed interest in Berjaya Sompo Insurance Berhad - Disposal of shares via open market Total no of securities after change Direct (units) 95,532,000 Direct (%) 1.94 Indirect (units) 4,146,570,372 Indirect (%) 84.27
In JUST 4 DAYS, DUMPED 99,301,000 shrs still got ppl naive enuf 2 believe it will be privatised ? lol
16-Apr-2021 Insider BIZURAI BIJAK SDN BHD (a substantial shareholder) disposed 3,669,000 shares on 14-Apr-2021. 16-Apr-2021 Insider JUARA SEJATI SDN BHD (a substantial shareholder) disposed 3,669,000 shares on 14-Apr-2021. 16-Apr-2021 Insider BERJAYA GROUP BERHAD (a substantial shareholder) disposed 3,669,000 shares on 14-Apr-2021. 16-Apr-2021 Insider BERJAYA CAPITAL BERHAD (a substantial shareholder) disposed 3,669,000 shares on 14-Apr-2021. 16-Apr-2021 Insider BERJAYA CORPORATION BERHAD (a substantial shareholder) disposed 3,669,000 shares on 14-Apr-2021. 16-Apr-2021 Insider TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN (a substantial shareholder) disposed 3,669,000 shares on 14-Apr-2021.
Looking at the above report released on 16/4 another 3.669M BJLand shares registered in the name of Berjaya Sompo Insurance (70% subsidiary of Sompo Japan & only 30% associate company owned by Berjaya Capital) was sold in open market on 14/4. The rest of the list are only repetitions of the same sale as deemed interest due to the crossholding nature of Berjaya Companies. I believe BJCorp is in the process of divesting non core assets such as its 30% stake in associate company Berjaya Sompo Insurance as part of the restructuring process?
I see that Berjaya Sompo held 0.8% shares of BJLand as of 12/4 down 6.13% wherease Tsvt has quietly increased his stake to 2.07% in BJLand an increase of 5.71% as of 12/4. Refer Simply Wall street link provided by @sailang_now. Thks
There were rumours about VT taking Bjland private. But trimming his stake in Bjland seems counter intuitive. Or is it just a corporate maneuver? Does anyone have any idea?
Further to our announcement dated 24 February 2021, the Board of Directors of Berjaya Land Berhad (“BLand” or “Company”) wishes to announce that Bursa Malaysia Securities Berhad has, vide its letter dated 19 March 2021, granted BLand a further extension of time of 6 months until 22 September 2021 to comply with the approved public shareholding spread of 20%.
So either bjcorp, TVST and PAC sold down their holding to below 80% or Bjcorp need to launch a voluntary general offer to Berjaya Land Berhad (“BJLAND”) on the remaining BJLAND shares not owned by BJCORP.
TVST cannot take Bland private only Bjcorp can offer M&A bjland into Bjcorp by cash, share swap or partial shares swap and cash.
I M SURPRISE EDDYSURGE & KAHLEONG USE TALK & THINK NEGATIVE ON BCORP & BLAND...AS WE ALL STUCKED AS A LONGTERM INVESTORS....IN BJCORP & BJLAND WHEN IT WAS 2O SEN LEVEL....WE ARE SUFFERING TOGETHER FOR A LONG TIME MAH...!!
WE ALL PRAY & HOPE VT WILL DO THE RIGHT THINK...BOTH RELEASING VALUE FOR BOTH BCORP & BLAND MAH!!
NOW...VT DID EXACTLY WHAT WE PRAY & HOPE FOR....WE SHOULD FEEL MORE & MORE POSITIVE BUT INSTEAD WE FEEL NEGATIVE WHEN SHARE PRICE FELL BACK SOME PORTION OF ITS BIG GAIN LOH!
WE TO UNDERSTAND LOH...VT IS RESTRUCTURING BJ GROUP....SOME OF THE HOLDING DO NOT LOOK RIGHT.....NEED TO BE SOLD...THUS WE NEED TO ENDURE SOME PAIN ON RESTRUCTURING....IN THE RESTRUCTURING JOURNEY B4 WE SEE THE RAINBOW MAH...!!
THE RIGHT APPROACH FOR BCORP MAH!
Thus it is better to go for fundamental loh....establish your intrinsic value & margin of safety and the long term direction the owner wants stock to go mah!!.
U all need to know this loh!
The selling of Bjcorp & bland are mainly due to associate berjaya-sompo insurance joint venture where vt has only 30% stake in which have no control mah....!!
The sompo block of bland & bcorp need to be cleared b4 it can decisive move up loh!!.
Why previously Sompo did not sell leh ?? Bcos losing monies mah...!!
VT still wants bcorp to move up alot loh....but 1st they must take out the sompo block cheaply 1st loh!!
Why raider seldom look at technical leh ??
Technical is like weather forecasting & for a very short term only loh!
Bcos weather change very fast loh!!
If u forecast rain today & tomorrow....u sell very quickly loh....but what happen u cannot buy back your position leh ??
Thus it is better to go for fundamental loh....establish your intrinsic value & margin of safety and the long term direction the owner wants stock to go mah!!.
I m not saying TA no good....but it can only use for very short term guidance loh!! Bcos not every time rain mah!
Quietly Vt cronies are accumulating to do that loh!
simon2020 Looking at the above report released on 16/4 another 3.669M BJLand shares registered in the name of Berjaya Sompo Insurance (70% subsidiary of Sompo Japan & only 30% associate company owned by Berjaya Capital) was sold in open market on 14/4. The rest of the list are only repetitions of the same sale as deemed interest due to the crossholding nature of Berjaya Companies. I believe BJCorp is in the process of divesting non core assets such as its 30% stake in associate company Berjaya Sompo Insurance as part of the restructuring process?
I see that Berjaya Sompo held 0.8% shares of BJLand as of 12/4 down 6.13% wherease Tsvt has quietly increased his stake to 2.07% in BJLand an increase of 5.71% as of 12/4. Refer Simply Wall street link provided by @sailang_now. Thks
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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....
earlyretirement
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Posted by earlyretirement > 2021-04-15 16:07 | Report Abuse
Thanks miniminer. Main goal is to recover capital or minimise loss, and leave Bursa for good. My luck is not good in Bursa except for purchase of Maybank. I have always been in SGX since years. Thought to test water in Bursa and kena pulak. I will weigh and see.