Vincent Tan know that cannot get cheap stocks now, he has to buy as much as he can when price is low. Free float stock in market only less 10%, price sure will back to 30sen very very soon.
5 billion is issue shares. floating is 15.06%. supposed when the floating less than 30% , GMO should happen. but this is Malaysia, everything is possible as long as you can pay someone to do the job.
lastly, you guys really believe in Vincent tan companies?
This is impossible from 2.9 bil to 5 billion. Anywhrre, i just bought 2k lots at 0.235 to try luck. No matter how , the rubbish company like this berjaya had to be really careful.
If not, how can the 'collection agent' accumulate more shares at cheap price? Furthermore, It's normal for the price to come down little (just 1 sen) today, after up 2.5 sen yesterday, you can call it profit taking, just like analyst always like to say whenever market down, LOL. Anyway, just be positive! Cheers.
Let Uncle VT complete the privatisation of BJLand successfully and smoothly asap, kawan-kawan. Upside from today's close to the nominal 38c benchmark, a perceived offer price starter, is 61.7%, a whooper by any measure. Most of our average prices are higher than the present level but there is still opportunity to average down or accumulate more.
Apparently work in progress for a while already. Not likely to be aborted unless frustrated big time by all potential catalysts failing to materialise. Especially cash piles energisers from Jeju compensations, GMOC payment balance and Kyoto 4 Season Hotel disposal.
VT said the re-packaging of several hotels under BJLand for listing on SGX needs to be carried out before the privatisation exercise. In the meantime, the revaluation of the hotels, small details discussion and ironing out with relevant minority shareholders, etc etc, presumely are also happening, not to waste time.
4Q19 Report should not disappoint the market because of one-off RM192m profit from disposal of hotel in Vietnam and improved BJToto improved performance.
When VT showed up during last AGM, I gave him a 6 out of 10 trustworthiness level. After his conference call last Dec about his 'big plan' NOT confirmed by his board, his trustworthiness dropped to 4. After Penta deal without a similar offer to minorities, trustworthiness dropped to 2. With a okinawa four season project before Kyoto four season disposal, to me, he just can't be trusted, AT ALL...
I would go agree with kahheong. this vt cant be trusted. the most important is, he messed up with with his business structure and his vision of choosing business to invest is mostly failure.
VT had his Murphy's Law moment or rather period. A number of things have encountered serious hiccups. Vietnam projects, GMOC, Jeju Island, Selangor Turf Club, Ascot Sports internet gaming licence just naming off the cuff.
However, he is not out of business yet, is he? By the look, almost all the cows are coming home, especially the fat ones.
I look ahead to make a lot more with BJCorp, the main course, later. BJLand is only the entree.
sailang, well, I am not going to sell whenever my trust of the man in charge has dropped to zero. I will just trade and invest carefully, learning from past mistakes and avoid making the same again.
the Boss know what we small kaki thinking , even the Boss let you win some money but the Boss willthink how to Torture spirit till you cannot hold any longer The only way to K.O the Boss is to higher the bjland price let Him cannot private it or torture his spirit back until the Boss cannot hold it ,
but no one wants to higher the bjland price let Him cannot private it or torture his spirit back until the Boss cannot hold it ..... small kaki will not, but waiting for other ppl to higher the price ......
Because nowaday many people want fast money. Life in Kl very difficult mah . Somemore now boker fees only 8 ringgit. Many young people buy at 22 sen then 23sen can sell mah Example buy 2200 vjland then 2300 just sell and earn o0 ringgit. Now where got hold long long. Because now young people use smartphone to trade at toilets piss always can sell. Just click a sell button on 23sen only mah . Technology too advanced now . So you see ekovest up so fast . If la Like old times when we still need to call remiser ask them to q sell . So nowadays drop so fast because they are too easy to sell. If want earn big money only hope on private like . Selangor property. MAA private . Kianjoo . The store. Only announced private can earn big Like that 22sen sell at 23sen no use .
VT should spend more time to manage his business and build capability than playing small tricks to fool people. Without capability, what kind of contract VT can have? He got a contract to build the university city in Vietnam is also ending up a failure. Now not even know what is the status of the project. Vietlott seems to be a cashcow but where is the cash after three years? It is pointless to have so many photo-shots over the dinner table with Mr. M. IWCITY's LKH just bought over bakery shop "The Loaf", and get back his Bandar Malaysia. So many businesses and so many children, but failure upon failure. Ironically, the company name is Berjaya. Really a slap in the face (also our face who has rendered trust to him).
He already used to get money like that for past 20years. Many old pity people trap by bjc for 20years . Who can pity themm The boss is rich but how is the support who buy his comapny and keep for 20years. Follow me buy airport and favco and pharma better
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minher
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Posted by minher > 2019-04-24 15:54 | Report Abuse
insider start buying. Buy and waiting good news