DY7140

DY7140 | Joined since 2021-03-25

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2021-03-29 17:18 | Report Abuse

Media Chinese today closed at 0.205 (Market Cap. at 345.88 million)

According to latest last year 2020 4th quarter:
Short-term bank deposits 89,555,000 + Cash and cash equivalents 244,205,000 = 333.76 million
Cash per share is 0.198 of today closing.

With a bit of good news or new plans, it could be another Berjaya Corp.

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2021-03-25 20:14 | Report Abuse

Could it be a coincidence? Jalil purchase price is 0.28 per share as well. Pure cash per share, guarantee won't lose.

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2021-03-25 20:00 | Report Abuse

My 2 sen opinion :

Latest last year 2020 4th quarter BJC balance sheet shows that Deposits with financial institutions 751,708,000 + Cash and bank balances 734,878,000 = 1,486,586,000 (1.48 billion)

Today closing at 0.31 X 5,255.48 million shares = about 1.63 billion market capitalization

Cash already made up of more than 90 % of today's market value of the company (1.48/1.63)

In other words, out of 0.31, 0.28 is pure cash.

Looking at the latest developments, this show could be a series rather than a one hit and run thing.

Keep my fingers crossed, hope Tan Sri this round plays real deal.......