Inline with BjCorp plan to become Financial Sector, there is intention to dispose SPToto. With this disposal in place, BjLand could benefit from the disposal of : 1. 100% equity of HR Owen to BjCorp group, worth RM1.0B; BjLand portion is RM0.4B, 2. 100% equity of STM to external party, worth RM4.0B; BjLand portion is RM1.6B, 3. Total fund raise of RM2.0B, could easily pare down BjLand debts to RM1.0B
With the disposal of STM and HR Owen, BjLand will be 100% Property and Hotel business. From there, BjLand can raise more fund to focus on all their Hotels and properties works. This shall be the master plan of BjLand and BjCorp group moving forward.
Nevertheless, present public spread of BjLand at 21% (about 1.05Bil shares), is not liquidate enough. Believe that BjLand is seeking investors to raise more funds for those Mega projects. If buying from BjLand is not able to support them for new fund raising, the best way is raising private placement of at least RM1.0Bil, however, the share price got to push up to RM1.00 in order for BjLand to sell their new share.
1. Berjaya Beau Vallon Bay Beach Resort Limited 2. Berjaya Praslin Resort – Seychelles 3. Berjaya Hotel Colombo – Sri Lanka 4. Berjaya Makati Hotel, Makati – Philippines 5. Sheraton Hanoi Hotel, Hanoi – Vietnam 6. Berjaya Eden Park London Hotel – United Kingdom
The above 6 hotels were planned to dispose off, for RM1.2Bil to pare down debts.
Wow .... finally ngang liao. Share buy back wor. $$Dividend or shares dividend coming? Really, at this state if manage will BJLand price can double or trible up not issue ler. Puteri brings us luck ler, buy buy buy, Ong Heng Huat ya !! .....hehehe............................
What a sad day for VT when everyone including the strong supporters has abandoned ship? Let's see how low can it go? Still remembers when BJLand felled as low as 16 cents!
miniminer
Adooi.... where are the Huatt Chaii !!! Dog & S**** Raider, ask people to buy, halfway missing the direction pulak itu. Ong Heng Huat time mari liao + big block ahead, come out work harder la. ........hehehe..................
With number of projects going on and cases won. BJland should worth more than this as long as the management is performing and give dividend that long overdue. Just hairan why the Fatt Chaii Dog and Rider are missing at this critical "Buy" Ong Heng Huat moment. ......hehehe..................
Volume + prize up a good sign!!! BJland just need to sapu the transit from HRS to nearest town MRT/rail cukup makan already, example: Bandar Malaysia to golden horse hotel, JB to forest city ..........hehehe.................
Can advise something Don't play Misai stocks You'll be left high & dry Only lefthand right-hand plays All the girls like him All the boys like him As Humpty Dumpty sat on a wall, Humpty Dumpty had a great fall; Even the sultan's girl and all the sultan's men Couldn't put Humpty together again Moral of the story ☺️ Be smart If wants to play Misai Take profit when Misai pumps Buyback only when Misai dumps Why choose to stay in jail When you could be free?
The CNY water dragon coming, VT brithyear? hope he going to carry a lot of "water" for us this round, Ong Heng Huat ler !!! .......hehehe........................
impossible win la bjland no money no background no experience even material also lose ytl got cement got eletric got operate train record and good relationship with singapore
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....
skynet2000
137 posts
Posted by skynet2000 > 2023-11-16 12:33 | Report Abuse
Inline with BjCorp plan to become Financial Sector, there is intention to dispose SPToto.
With this disposal in place, BjLand could benefit from the disposal of :
1. 100% equity of HR Owen to BjCorp group, worth RM1.0B; BjLand portion is RM0.4B,
2. 100% equity of STM to external party, worth RM4.0B; BjLand portion is RM1.6B,
3. Total fund raise of RM2.0B, could easily pare down BjLand debts to RM1.0B