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2021-05-28 14:51 | Report Abuse
Guys any update on New Capital World (NWCA Malaysia)? Apparently BCorp invested a cool billion in March this year for 40% share in this Investment Banking Group from UK headed by Lena Tan with office in Berjaya Times Square.
"NWCA Malaysia will be focusing on providing advisory services including mergers and acquisitions, strategy and operations advice to diversified businesses, corporations, and institutional investors in Malaysia as well as neighboring countries where they have a presence.
The NWCA Malaysia team will be led by Lena Tan as the chairman and managing director.
Tan is s currently a director at 7-Eleven Malaysia Holdings, Razer Fintech Holdings, Berjaya Fintech, Berjaya Retail and Berjaya Credit, and previously served as chairman at 7-Eleven Malaysia and Singer Malaysia."
https://www.thesundaily.my/business/berjaya-corp-new-world-group-to-launch-advisory-services-XC7316734
https://nwgp.com/#nwv
2021-05-27 23:05 | Report Abuse
How can it be old story when only in press release today and the restructure will only happen in late June? Anyway congratulations for exiting your positions in Berjaya earlier.
2021-05-27 22:24 | Report Abuse
Latest Press Release by Lydia today:
In addition, the Group is in the midst of embarking on a restructuring and rationalization process to transform the Group into a diversified consumer group comprising focused business sectors. This process will also entail clearly identifying core and non-core assets. The Directors envisage the transformation
exercise when completed will have a positive impact on the Group’s future prospects.
OTHERS | https://www.klsescreener.com/v2/announcements/view/3366549
2021-05-27 16:42 | Report Abuse
Entry price was 15 sens, already got back the principal. Only left the profit invested in Berjaya to see VT's hand by late June?
Posted by simon2020 > May 27, 2021 11:56 AM | Report Abuse
There are 5 categories of investors here...which are you?
1. Average acquisition price of 28 to 70 sens including VT.
2. Average acquisition price of 28 to 33 sens including Jalil.
3. Average acquisition price of 18 to 25 sens but exited at 40 to 50 sens, now waiting to reenter?
4. Average acquisition price of 18 sens to 25 sens but still waiting for VT/Jalil to showhand end June.
5. Those who has no position but waiting for a chance to enter at minimum price?
2021-05-27 16:27 | Report Abuse
Entry price was 15 sens, already got back the principal. Only left the profit invested in Berjaya to see VT's hand by late June?
Posted by simon2020 > May 27, 2021 11:56 AM | Report Abuse
There are 5 categories of investors here...which are you?
1. Average acquisition price of 28 to 70 sens including VT.
2. Average acquisition price of 28 to 33 sens including Jalil.
3. Average acquisition price of 18 to 25 sens but exited at 40 to 50 sens, now waiting to reenter?
4. Average acquisition price of 18 sens to 25 sens but still waiting for VT/Jalil to showhand end June.
5. Those who has no position but waiting for a chance to enter at minimum price?
2021-05-21 16:40 | Report Abuse
@py1818 Tks for your daily bulletin. Looks like some buyback?
2021-05-21 11:53 | Report Abuse
Correct, Jalil & VT need to learn to kill two birds with one stone from Siew Ka Wei restructuring model to save their hide now after using so much money to pump up BJ group share price to 50 sens earlier?
2021-05-21 11:17 | Report Abuse
Jalil needs to demonstrate his power by initiating share buyback asap as already below 0.28 his entry price? Unless it's purposely depressed to collect back your shares before restructure announcement similar to Ancom?
2021-05-20 16:19 | Report Abuse
Jalil needs to demonstrate his power by initiating share buyback asap as approaching 0.28 his entry price already?
2021-05-19 19:11 | Report Abuse
@py1818 Tks for your daily bulletin
Its been a great guide for an orderly exit rather than a tumble
2021-05-17 12:18 | Report Abuse
Glad you identified the root cause of BCorp's problems. Let me add to the list of issues for Jalil to settle...
1. A plan remains a plan until approved and executed end of June, another 1.5 months time.
2. After execution will take one year to see results in June 2022
3. The coming Qtr results will probably be another big loss with rising Covid cases & implementation of MCO. Wondering how BCorp is coping with the working capital & cash flow with big operating costs but less income?
4. VT is still holding more than 350 million BCorp ICULS to covert to mother share to clear in open market. That's why the price is depressed as VT & Robin has been converting them to BCorp shares for sale diluting shareholders value.
5. VT may revive his plan to inject Singer into BCorp for more BCorp shares & ICULS in coming restructure diluting shareholders value even further and so on?
It is bcos of VT is the stumbling block loh....1st he do not want to sell quickly bcos....he wants to get high price, far higher than fair price loh..that means more difficult to sell loh!
2. Even sold...VT wants to use this monies...buy another assets & this are repeated non stop, thus the loan are not really payoff...n the new investment again need time to perform loh.( The good thing is VT has promise no more buying of new investment & he plan to sweat more his existing assets loh}
3. Under performance of existing assets (sweating its assets strategies}...just take berjaya owning existing properties & empty land worth more than Rm 2b for more than 10 years, even if these assets had appreciated to Rm 4b....but this appreciation are hidden & not reflected in bjc accounts.
Thus bjc need to decide...whether they can quicky develop these assets or if not dispose & free up this under performance loh!
Normal wasting time like VT did previously need to be stopped immediately...bcos time is money mah!
4. The existing good performance of its current business are not optimise & maximise loh...bcos they have been wasting too much time & effort fire fighting on non performing business loh....thus by disposing of non performing assets....& free up resources....the group can refocus on the area that they are good in & have good prospect loh..!
5. The role of superstar Jalil is to look into all these issues ...with no emotional & attachment & come up with a strategic plan & after approval will execute it quickly loh!
2021-05-16 13:59 | Report Abuse
@py1818 Tks for your daily bulletin
py1818 @earlyretirement
@sailang_now
BjCorp
Highest price 0.50
Resistant 0.39
Resistant 0.35
Resistant 0.335
Support 0.31
Support 0.29
Support 0.27
Support 0.23
Closing price 0.33
Verdict - You know already
2021-05-13 13:28 | Report Abuse
It's good that Jalil is still buying but it would be better if BCorp restarts share buyback. VT & gang should also stop selling at least until the restructuring plan is out by end of June to support current BCorp market price?
lovetzy Jalil Rasheed still buying despite the MCO 3.0. Faham-fahamkan lah.
2021-05-13 09:57 | Report Abuse
Yes too much manipulation by VT & gang. Hope Jalil has the will & power to take the bull by the horns to address the issue of potential conversion of 353 million ICULS into BCorp shares & sale of BCorp shares by VT, Robin & associates such as Sompo in open market which will affect market sentiments & dilute shareholders value especially during a depressed market.
Recall by Kahoeng in 2016:
"BJCorp proposed to buy BJLand @ 0.70 per share, totaling RM 419.11 millions and 598.73 million shares. Using (1) CASH RM 65.86 millions (2) RM 353.25 millions of 10 years 2% interests ICULS (these ICULS will eventually turn into 353.25 million BJCorp shares) should they not bought back by BJCorp. (3) 706.5 million FREE warrants that can be converted into BJCorp shares with RM 1 per share."
2021-05-11 20:05 | Report Abuse
@py1818 Tks for your daily bulletin
2021-05-09 20:09 | Report Abuse
This is information is collated from official Bursa unique individual announcement and not from BCorp announcements which maybe repeated due to crossholdings at company level. Anyway I am just stating the facts on disposal & acquisition by major shareholders as announced by Bursa website. Interpretation is up to the individual investor. It takes time & efforts to compile the above listing from Bursa for the benefit of all. If anybody don't like, just ignore don't have to shoot the messenger. Tks
Bullwinds Sailang, ur intention maybe good but u hv misinterpreted! Obviously Robin n VT disposals were the same block of shares tt hv to be disclosed under direct n indirect categories.
2021-05-09 18:26 | Report Abuse
This forum is for sharing observations & facts in a concise manner from Bursa for benefit of all. What's so misleading about it? If not happy can just ignore it. Tks.
The figures from Bursa Corporate Announcement speaks for itself...
For the period March to May 2021, Jalil Acquired 132.67 Million BCorp Shares vs Total VT & Robin Disposed 333.95 Million
Means for every 1 share Jalil acquires, VT & Robin disposed 2.5 shares! This not including other VT Family members/ assocates disposal not disclosed?
(Period March to May 2021)
Total VT & Robin Disposal: 333,950,000
TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN 04-May-2021 Disposed 1,000,000
TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN 03-May-2021 Disposed 500,000
TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN 26-Apr-2021 Others 5,000,000
TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN 15-Apr-2021 Disposed 1,000,000
TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN 14-Apr-2021 Disposed 4,000,000
TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN 13-Apr-2021 Disposed 700,000
DATO' SRI ROBIN TAN YEONG CHING 09-Apr-2021 Disposed 45,000,000
TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN 09-Apr-2021 Disposed 45,000,000
TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN 09-Apr-2021 Disposed 1,000,000
DATO' SRI ROBIN TAN YEONG CHING 08-Apr-2021 Disposed 55,000,000
TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN 08-Apr-2021 Disposed 55,000,000
TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN 08-Apr-2021 Disposed 1,000,000
TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN 07-Apr-2021 Disposed 1,000,000
TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN 30-Mar-2021 Disposed 40,000,000
TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN 24-Mar-2021 Disposed 70,000,000
Total Jalil Acquisition: 132,671,000
ENCIK ABDUL JALIL BIN ABDUL RASHEED 06-May-2021 Acquired 1,000,000 -
ENCIK ABDUL JALIL BIN ABDUL RASHEED 03-May-2021 Acquired 10,000,000
ENCIK ABDUL JALIL BIN ABDUL RASHEED 03-May-2021 Acquired 8,500,000
ENCIK ABDUL JALIL BIN ABDUL RASHEED 03-May-2021 Acquired 8,000,000
ENCIK ABDUL JALIL BIN ABDUL RASHEED 30-Apr-2021 Acquired 1,800,000
ENCIK ABDUL JALIL BIN ABDUL RASHEED 28-Apr-2021 Acquired 1,800,000
ENCIK ABDUL JALIL BIN ABDUL RASHEED 27-Apr-2021 Acquired 1,251,000
ENCIK ABDUL JALIL BIN ABDUL RASHEED 23-Apr-2021 Acquired 200,000
ENCIK ABDUL JALIL BIN ABDUL RASHEED 22-Apr-2021 Acquired 1,700,000
ENCIK ABDUL JALIL BIN ABDUL RASHEED 21-Apr-2021 Acquired 120,000 -
ENCIK ABDUL JALIL BIN ABDUL RASHEED 19-Apr-2021 Acquired 1,000,000
ENCIK ABDUL JALIL BIN ABDUL RASHEED 30-Mar-2021 Acquired 43,000,000
ENCIK ABDUL JALIL BIN ABDUL RASHEED 30-Mar-2021 Acquired 13,000,000
ENCIK ABDUL JALIL BIN ABDUL RASHEED 30-Mar-2021 Acquired 5,000,000
ENCIK ABDUL JALIL BIN ABDUL RASHEED 29-Mar-2021 Acquired 5,000,000
ENCIK ABDUL JALIL BIN ABDUL RASHEED 24-Mar-2021 Acquired 70,000,000
2021-05-08 17:16 | Report Abuse
What double counting? You can check this is collated from official Bursa unique individual announcement and not from BCorp announcements which maybe repeated due to crossholdings.
Bullwinds This Sailang SKL can’t even interpret the bursa announcements and double counted VT disposals also don’t know! Still can give hawker’s advice!
2021-05-08 17:10 | Report Abuse
Majority of the VT & Robin Disposal: of 333,950,000 was around 0.45 to 0.50. Guess many newbies must be trapped at these price level? So you guess squeezed up or down?
Zipper Meaning Bjcorp & Group going to be squeezed up or be squeezed down? Which one, wor?
2021-05-08 16:32 | Report Abuse
The figures from Bursa Corporate Announcement speaks for itself...
For the period March to May 2021, Jalil Acquired 132.67 Million BCorp Shares vs Total VT & Robin Disposed 333.95 Million
Means for every 1 share Jalil acquires, VT & Robin disposed 2.5 shares! This not including other VT Family members/ assocates disposal not disclosed?
(Period March to May 2021)
Total VT & Robin Disposal: 333,950,000
TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN 04-May-2021 Disposed 1,000,000
TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN 03-May-2021 Disposed 500,000
TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN 26-Apr-2021 Others 5,000,000
TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN 15-Apr-2021 Disposed 1,000,000
TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN 14-Apr-2021 Disposed 4,000,000
TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN 13-Apr-2021 Disposed 700,000
DATO' SRI ROBIN TAN YEONG CHING 09-Apr-2021 Disposed 45,000,000
TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN 09-Apr-2021 Disposed 45,000,000
TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN 09-Apr-2021 Disposed 1,000,000
DATO' SRI ROBIN TAN YEONG CHING 08-Apr-2021 Disposed 55,000,000
TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN 08-Apr-2021 Disposed 55,000,000
TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN 08-Apr-2021 Disposed 1,000,000
TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN 07-Apr-2021 Disposed 1,000,000
TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN 30-Mar-2021 Disposed 40,000,000
TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN 24-Mar-2021 Disposed 70,000,000
Total Jalil Acquisition: 132,671,000
ENCIK ABDUL JALIL BIN ABDUL RASHEED 06-May-2021 Acquired 1,000,000 -
ENCIK ABDUL JALIL BIN ABDUL RASHEED 03-May-2021 Acquired 10,000,000
ENCIK ABDUL JALIL BIN ABDUL RASHEED 03-May-2021 Acquired 8,500,000
ENCIK ABDUL JALIL BIN ABDUL RASHEED 03-May-2021 Acquired 8,000,000
ENCIK ABDUL JALIL BIN ABDUL RASHEED 30-Apr-2021 Acquired 1,800,000
ENCIK ABDUL JALIL BIN ABDUL RASHEED 28-Apr-2021 Acquired 1,800,000
ENCIK ABDUL JALIL BIN ABDUL RASHEED 27-Apr-2021 Acquired 1,251,000
ENCIK ABDUL JALIL BIN ABDUL RASHEED 23-Apr-2021 Acquired 200,000
ENCIK ABDUL JALIL BIN ABDUL RASHEED 22-Apr-2021 Acquired 1,700,000
ENCIK ABDUL JALIL BIN ABDUL RASHEED 21-Apr-2021 Acquired 120,000 -
ENCIK ABDUL JALIL BIN ABDUL RASHEED 19-Apr-2021 Acquired 1,000,000
ENCIK ABDUL JALIL BIN ABDUL RASHEED 30-Mar-2021 Acquired 43,000,000
ENCIK ABDUL JALIL BIN ABDUL RASHEED 30-Mar-2021 Acquired 13,000,000
ENCIK ABDUL JALIL BIN ABDUL RASHEED 30-Mar-2021 Acquired 5,000,000
ENCIK ABDUL JALIL BIN ABDUL RASHEED 29-Mar-2021 Acquired 5,000,000
ENCIK ABDUL JALIL BIN ABDUL RASHEED 24-Mar-2021 Acquired 70,000,000
2021-05-08 15:01 | Report Abuse
The problem is when Jalil buys one, VT Family sells 10. Anyway Happy Mother's Day.
lovetzy Since no one mentioned this, let me do it, Jalil purchased shares again. I support. I respect and appreciate everyone s opinion too. Have a nice day!
2021-05-08 10:26 | Report Abuse
The conversion of 508k loan stocks by VT Family to BCorp shares for sale & the outstanding RM355.25 million ICULS held by VT which can be converted to 355 milion BCorp shares is like an Albatross hanging on BCorp's neck. How to fly? as soon there is profit, people will sell it down? Soon the initial pump & dump money will be exhausted without newbies to buy BCorp shares at current inflated price. How to wait until end of June for Jalil's plan which will only show results one year later in 2022?
"Did you all notice the 508k conversion.of Loan Stocks at mr1."
"BJCorp proposed to purchase BJLand using (1) CASH RM 65.86 millions (2) RM 353.25 millions of 10 years 2% interests ICULS (these ICULS will eventually turn into 353.25 million BJCorp shares) should they not bought back by BJCorp. (3) 706.5 million FREE warrants that can be converted into BJCorp shares with RM 1 per share."
2021-05-07 21:13 | Report Abuse
Interesting....basically a bailout for VT & buddy by BCorp?
Flashback...
Posted by kahhoeng > Apr 1, 2016 5:22 PM |
BJCorp proposed to buy BJLand @ 0.70 per share, totaling RM 419.11 millions and 598.73 million shares. Given that BJLand was mostly trading between 0.68 and 0.72, I suppose the purchase price is 'fair', except that BJLand has nothing great to talk about except its BJToto ownership. Its projects in South Korea's Jeju Island China's Hebei are in terrible shape.
BJCorp proposed to purchase BJLand using (1) CASH RM 65.86 millions (2) RM 353.25 millions of 10 years 2% interests ICULS (these ICULS will eventually turn into 353.25 million BJCorp shares) should they not bought back by BJCorp. (3) 706.5 million FREE warrants that can be converted into BJCorp shares with RM 1 per share.
The ICULS will increase interest cost of RM 7.065 millions per year to BJCorp. Meanwhile, 706.5 million FREE warrants basically has 0 value unless BJCorp share price crosses RM 1.
If one believe that Vietnam toto to value-add significantly to BJCorp and will result in BJCorp share price to worth more than RM 1, then the deal is not that great, given that the deal assumes BJCorp is worth RM 1 per share while BJLand RM 0.70 per share. However, if one believe the sale of China project and settlement of Jeju project will drive BJLand in profitable position in the near future, the exchange shall offer value enhancement to BJCorp shareholders.
Personally, the deal is at best neutral and only because VT is trying to consolidate his ownership and nothing to do with us (neither does he care...)
* Just my personal opinion.
2021-05-07 20:01 | Report Abuse
I believe the 5% ICULS were issued pursuant to the rights issue in 2012. For every ICULS subscribed your need to pay RM1 in return for 5% coupon rate/ interest yearly until 2022 with option to convert to BCorp shares on a one to one basis. In addition to every 5% ICULS (BCorpLD) subscribed for RM1 in 2012, you get a free Warrant (BCorpWB).
So if you converts one 5% ICULS (which you paid RM1 in 2012) in 2021 you already collected 5% x 9 = 45% x RM1 = RM0.45 in interest plus 1 BCorp share plus 1 warrant BCorpWB (highest.11 each)
Since Robin converted his ICULS and sold at RM0.37 he could have earned back 0.45 + 0.37 + 0.11 = 0.95 already? Correct if I am wrong?
Please be advised that BJCORP’s RM700,109,520 ICULS 2012/2022 and 700,109,520 Warrants 2012/2022 issued pursuant to the Rights Issue will be admitted to the Official List of Bursa Malaysia Securities Bhd and the listing and quotation of the these ICULS 2012/2022 and Warrants 2012/2022 under the "Trading/Services" sector will be granted with effect from 9.00 a.m., Thursday, 26 April 2012.
The Stock Short Name, Stock Number and ISIN Code of the ICULS 2012/2022 and Warrants 2012/2022 are as follows:-
ICULS 2012/2022
Stock Short Name: BJCORP-LD
Stock Number: 3395LD
ISIN Code: MYL3395LDW40
Warrants 2012/2022
Stock Short Name: BJCORP-WB
Stock Number: 3395WB
ISIN Code: MYL3395WBW49
2021-05-06 10:28 | Report Abuse
Hope so...Transformation takes time & will take even longer with Covid & VT Family leaching policy...As mentioned by Jalil changes can only be seen in June 2022, hope he don't get short changed and loses his pants & job along the way after GE15?
2021-05-05 18:25 | Report Abuse
@py1818 Tks for your daily bulletin
2021-05-05 17:15 | Report Abuse
@py1818 Tks for your daily bulletin
2021-05-04 09:24 | Report Abuse
VT associates BjSompo & Dimensional Fund still has 50m shares to sell. Hope they don't rob Peter to pay Paul since biz is no good with coming MCO3?
2021-05-04 07:02 | Report Abuse
@py1818 can you update your daily bulletin since already near support at 0.31? Tks
py1818 Daily buletin for friends
Resistant 0.46
Resistant 0.44
Resistant 0 40
Closing price 0.38
Support 0.34
Support 0.31
2021-05-03 16:20 | Report Abuse
@py1818 Tks for your daily bulletin. MCO3 confirmed?
https://thesmartlocal.com/malaysia/mco-round-3/
2021-05-03 16:09 | Report Abuse
@py1818 Tks for your daily bulletin. MCO3 confirmed?
https://thesmartlocal.com/malaysia/mco-round-3/
2021-05-03 09:35 | Report Abuse
py1818 Tks for your daily bulletin. Not looking good today as too many sellers. Will it touch 0.28 this week?
@sailang_now
@earlyretirement
Bjland must stay above 0.33 to show uptrend. Better still stay above or break major resistant 0.35
2021-04-30 15:26 | Report Abuse
The Power behind Group CEO?
https://pasteboard.co/JZGNPHc.jpg
2021-04-30 15:16 | Report Abuse
Guess who is the real power & Boss in the latest BJ group pix in link below!. Jalil doesn't project the expected level of confidence as BJCorp Group CEO.... Yes or No?
https://pasteboard.co/JZGNPHc.jpg
2021-04-30 11:06 | Report Abuse
Tks @py1818
Money laundering, assets shuffling & hidden hands involving individuals in the vicinity of Tropicana Golf & Country Resort? Rings a familiar bell for Berjaya Group?
py1818 @earlyretirement
@sailang_now
Lkl is in hidden hands report. Please read klsescreener report.
https://www.klsescreener.com/v2/news/view/818927
2021-04-30 10:29 | Report Abuse
@py1818 Thks for your daily bulletin
Guess who is the real power & Boss in the latest group pix in link below!. Jalil does't project the expected level of confidence as Group CEO no?
https://ibb.co/whc930q
2021-04-30 09:30 | Report Abuse
@py1818 tks for your daily bulletin.
Looks like VT will be converting more ICULs into BCorp shares to dump? Will he also revive his plans to inject Singer into BCorp in the coming corporate revamp for more shares & ICULs of no benefit to BCorp minority?
https://www.nst.com.my/business/2020/06/597408/bcorp-buy-100pct-singer-rm536mil
2021-04-29 13:11 | Report Abuse
Any prediction on first prise for BCorp?
@FutureGains 3891 that day first prise toto
2021-04-29 13:04 | Report Abuse
Tks for the early warning.
Btw Covid19 on the rise again. 4th wave & MCO 3.0 coming?
https://www.theedgemarkets.com/article/malaysias-new-covid19-cases-jump-3142-1019-selangor-%E2%80%94-health-dg
@Eddysurge technical price adjustment, any support factor to contribute for this range in case major disastrous event? Investors are looking forward company strength and you know reassessment and restructuring since too long at bottom price. New unbreakable market price to sustain and profits generating ability. Bursa itself can't simplfy the notification and announcement that's bring investors doubt and confused towards transparent listed company requirement as previously happen. Example, Major stakeholders sudden sold out, the market price big fall, but minorities blurred already.
2021-04-28 17:37 | Report Abuse
@py1818 tks for your daily bulletin.
Btw today's announcement for another 22.5 million new shares to dump. Whose ICUL conversion to shares is this? VT?
https://www.klsescreener.com/v2/announcements/view/3350059
2021-04-28 16:45 | Report Abuse
Yes Cryptos is a way to make hay while the sun shines as only pocket money for daily needs & Starbucks as still keeping the bulk in cash to invest when the time comes as during bad times Cash is King!
2021-04-28 16:39 | Report Abuse
For those who missed the dump! VT has just thrown a lifeline? But from previous experience whenever there is a spike there will be VT sales again as plenty of shares left with associates?
2021-04-28 14:43 | Report Abuse
Yes Cryptos is a way to make hay while the sun shines. If privatization offer really comes still in time to ride the waves.
Anyway why BCorp didn't offer to buy over associates, Sompo & Dimensional Fund's 50 million shares through direct transaction rather than let them sell in open market affecting current market sentiments?
2021-04-28 13:06 | Report Abuse
Yes or no? But why BCorp sold 10 million shares to pare down their holdings in BLand recently? Also why BCorp didn't offer to buy over associates, Sompo & Dimensional Fund's 50 million shares through direct transaction rather than let sell in open market affecting market sentiments. Doesn't seems right if the intention's to privatize?
While waiting for VT to decide as years already better to grow money first in Cryptos as currently avg gains is 5% daily.
2021-04-28 11:09 | Report Abuse
@py1818 Tks for your daily bulletin
I think VT associates, Sompo still has 36 million shares & Dimensional Fund another 14 million to sell. There will be more weakness ahead.
Sad to say the verdict on downtrend is foregone. Now making more money in Cyptos as bought after last week's crash. BNB, LTC & GRT still value buy as making avg. 5% gains everyday.
2021-04-28 10:38 | Report Abuse
@py1818 Tks for your daily bulletin. Guess support almost broken as touched 0.33 just now?
Sad to say the verdict is foregone. Now making money in Cyptos as bought after last week's crash. BNB, LTC & GRT still value buy.
py1818 Buletin
@earlyretirement
@sailang_now
Resistant 0.40
Support 0.34
Closing price 0.34 reached support.
Verdict - you already know.
2021-04-26 10:23 | Report Abuse
@py1818 tks in advance for your daily bulletin!
2021-04-25 15:14 | Report Abuse
Tks for sharing!
Hope Operator is willing to spend money to break resistance & keep it there before selling down?
@py1818 Hi
@earlyretirement
@sailang_now
Resistant 0.40
Support 0.34
Closing price 0.36. Still not convinced until closing price close above 0.40 and stays above 0.40.
Verdict - DOWNTRENDING
Please watch this video
https://youtu.be/UmP1TgoL6tM
2021-04-23 01:15 | Report Abuse
@py1818 Tks for your daily bulletin
Stock: [BJCORP]: BERJAYA CORPORATION BHD
2021-05-28 15:38 | Report Abuse
Since VT is also the Advisor to NCW Malaysia, he must be privy to their Mergers & Acquisplan for BJCorp. That's why he converts LD which carries only an annual I interest of 5% to mother share which has bigger potential return of 5% from LD after the restructuring exercise next month. Further BJCorp may issue more LD to BJLand shareholders including VT & Co. in return for full acquisition of their shares?
Why he want to convert the LD to mother share?