err... what I meant is, if one tries to buy just to profit from the 'big plan', probably its a wrong idea. If you were to buy and hold in hope for the plan be truly materialized, its hard to comment. If you are an investor who has been holding it for quite some time, my guess is your cost per share will definitely be much higher than current 20.5 cents. Its then crazy to sell just because you are pissed off by VT. Holding it for a few more months is not too bad after all given uncertainties.
Guys, if u have extra money just average down, currently my average around 30cents. Imagine i average down from 50cents. Since Vincent tan already mention got moves on next years onward plus after waiting for so long and it is now as low as 20Cent, it all bargain. Do not buy in if u don't have extra cash to average down, Higher risk = Higher gain. Good luck all.
Got cash inside but if the boss hold it 30years or 50years and horrible is no dividend for even 1% the boss also refused to give. End up until we die we also cannot get any benefit. The boss just die die lock the money inside bjland and after 50year he can pass the key to his grand grand son . So end up public will keep selling at 20sen slowly slowly So at the end we give up the boss get whole bjland at 30sen or maybe lowest for the pitty loyal supporter . Then the boss said see I very good because I give you guys 30sen but market prices 20sen. If the boss is willing to share . Base on bjland hold all the profit biz every year should give you 3sen dividend. Ytl group more gentlemen than bjc Ytl keep giving good dividend no matter loss or net profit plus 50ringgit food voucher
ivan9511 there's no need to scare the other investors. VT had mentioned will distribute dividend with the money from disposing Kyoto Four Season... BJLand owns 50% of Kyoto Four Season. If BJCorp wants to privatize BJLand or 7-11, BJCorp will need all the money he can use.
To me, except for BJLand, I won't vote for any other acquisition. It's absurd, BJCorp already too diversified and needs trimming, how on earth can he come up with the idea of buying 7-11?!? Probably that's why he's the billionaire and I can only cry foul here.
Lol....u guys think retailers selling now?? Obviously vt and team keep pressing the price now, can u see they keep "replenishing" 0.205?? Remaining small holders where got so many shares to sell la use ur brains
Calvintaneng indeed, usually I will buy asset backup share so that no worry if share price plunged, as long we get to average down. These all will be my pension fund. Good luck guys.
birkincollector, it doesn't really matter who's buying or selling. At current price and uncertainties, it may not be suitable to new buyers and certainly not suitable for traders seeking short-term gain, it could still be good to those holding for value. If VT really keen to privatize BJLand, price should not be too low, given previous transaction at above 0.70 (can't remember the exact figure, its a share swap + cash + warrant deal) and VT's other companies still holding over 8% of BJLand. If VT not privatizing BJLand, can only hope for quick resolution to Jeju's court case, reclaiming back China project disposal, completion of Vietnam projects and Kyoto Four Seasons...
err... as much as I wish BJCorp and BJLand will distribute more dividend, it would seem rather hard given VT's 'big plan.' Take BJLand for example, it has a net debt excluding BJToto's 700 million net debt of approximately 1.73 billion. Kyoto Four Seasons and Vietnam disposal would total roughly 2 billion before any tax. BJLand needs money to develop Sungai Besi project or Okinawa's hotel (err... possibly Tioman and Pangkor too?!?) Clueless how much it would cost BJLand to explore these projects, but won't be surprised to see billion figure. So, I would be happy to receive 0.10 for a start. And hopefully more when Sg Besi, China and Jeju project disputes bring in more cash to BJLand.
Lol... don't forget about Uncle Tan's plan to list BJLand's hotel biz in Singapore..anyway anything good for Uncle Tan will be good 4 BJCorp shareholders as 7% & 73% owners of BJLand respectively..
Those have no faith pls sell and leave this "no future counter for you". As for us, we have faith. We will first get special div in 2019. Then receive good offer to sell our shares. Wait and see.
My personal view, most likely BJLand will be privatized. If not privatized, VT will need to find buyers so that VT's group of companies holding on BJLand will be reduced to address SC concern. That's almost an impossible task. If sold at discount, VT's group of companies buying at premium will suffer. If sold at premium, current share price will need to rise quite significantly (and that would need a lot of good news.)
I'm looking at BJCorp offering 0.70 (cash or a deal similar to what's offered to VT years back) to BJLand shareholders after BJLand distribute 0.10 special dividend. Hmm... Am I asking too much?
misai tan previously tekan his ball and sapu a lot during 2015-2016 with average 70cents. That why I said if he smart then should sapu more at open market now.
Misai better dont wayang too much. End up his ball might kena tekan. I decided hold and wont sell now. My average price 20cents worth keep and gamble with misai. See he want open big or small
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Posted by cpo_king > 2018-12-24 11:27 | Report Abuse
Are you an insane???