Not necessary as 32% shares are tightly held by Institutions, while 30% are held by Mr. Wong & Company. With 38% Myeg shareholding, Retailers are actually the Boss. Once KWAP completes selling of its indirect shares & carries out year end window dressing, the scenario will change soon? Let's stand United to make the BlueSky TP happens soon. Another GameStop in the making?...tut tut

https://finance.yahoo.com/news/e-g-services-berhads-klse-223157482.html

Afternoon!...tut tut

There's currently only 2 Institutional Funds active on Myeg. KWAP sold 0.02% on 22 Nov. & BlackRock acquired 1.65% on 30 November which is a sign of Foreign Institutional Fund's confidence & interest on Myeg profit potential?...
1. Kumpulan Wang Persaraan 7.42%
Shares 553,811,879
Value RM451.4m
Change % 0.02%
Portfolio % 0.82%
Last Reported 22 Nov 23
2. BlackRock, Inc. 2.18%
Shares 162,871,044
Value RM132.7m
Change % 1.65%
Last Reported 30 Nov 23

Morning guys...last chance to buy the dip...we think KWAP is raising cash quick for the coming Government Pension Adjustment in early 2024 so maybe one of the main seller while foreign institutional fund like BlackRock is collecting? For those who believes in Myeg should take opportunity to increase their votes...tut tut
https://www.malaysianow.com/news/2023/09/05/pensions-for-retirees-to-continue-assures-ahmad-maslan

Morning...another beautiful day...if you are not day trader & have holding power, nothing to worry. Let's see who blinks first as Operator only controls 30% while Institutions 32% with Public holding balance of 38% Myeg. Since Zetrix Token already USD10.11 up 102.2% since listing, it makes sense to hold for a better offer & more goodies from Operator? Operator & Institutions will have to pump for annual December window dressing. Just wait for their signal. That's why need to monitor the changes on the Institutional shareholding?...Updated as of 22 November 2023.

We think local & foreign funds like KWAP & Blackrock has been quietly accumulating while most day traders & weak holders has been weeded out? Anyway let's monitor this carefully for any more changes on institutional holdings later?...
Ownership Breakdown
Individual Insiders 13.4%
996,135,756 shares
Private Companies 16.2%
1,210,714,139 shares
Institutions 32.3%
2,406,957,313 shares
General Public 38.1%
2,845,736,258 shares
Btw foreign funds that increased their holdings include BNY Mellon & Ashmore Asset etc.
*Source_Simply_Wall_Street

Let's monitor the Top 25 Shareholders of Myeg who owns
60.51% as of 4 December 2023 for any changes later...

1. Asia Internet Holding Sdn. Bhd 16.23%
2. Thean Wong 12.64%
3. Kumpulan Wang Persaraan 7.42%
4. CIMB Group Holdings Berhad, Asset Management Arm 3.17%
5. Maybank Asset Management Group Bhd. 2.79%
6. BlackRock, Inc. 2.16%
7. The Vanguard Group, Inc. 1.79%
8. Employees Provident Fund of Malaysia 1.76%
9. KGI Securities Investment Trust Co., Ltd. 1.34%
10. AIA Investment Management Private Limited
1.29%
11. Eastspring Investments (Singapore) Limited 1.26%
12. Macquarie Group, Ltd., Banking & Securities Investments 1.26%
13. State Street Global Advisors, Inc. 1.25%
14. GIC Private Limited 1.23%
15. Principal Global Investors, LLC 1.04%
16. Norges Bank Investment Management 1.04%
17. Dimensional Fund Advisors LP 0.64%
18. Kenanga Investors Bhd. 0.54%
19. Norraesah Binti Haji Mohamad 0.54%
20. Affin Hwang Asset Management Bhd. 0.4%
21. BNY Mellon Asset Management 0.15%
22. Danske Capital Denmark 0.14%
23. Ashmore Investment Advisors Limited 0.14%
24. AIIMAN Asset Management Sdn Bhd 0.14%
25. AIA Pension and Asset Management Sdn. Bhd. 0.13%

Will it breaks 0.80 today? Market has voted for Zetrix with a 19.2% gain @USDT5.96!...Ini kalilah! let's vote for Myeg!...tut tut

Since Myeg's E-Services for Government is guaranteed for another 2 to 3 years. With new income streams from Zetrix coin listing & Ztrade launching. There will be another profitable quarter & dividend coming? Price will go back to January range of 0.89 to 0.95 sooner or later once the pumping starts. Better buy before Mr. Wong does...tut tut

Blue Sky Target Price 3.73!
Target Price 1.18
Resistant 1.01
Resistant 0.95
Resistant 0.91
Resistant 0.88
Resistant 0.85
Resistant 0.82
Support 0.795
Price 0.795~0.80
Verdict: Uptrend is still intact!

VT owns 46% of 7even Eleven, most probably will ask BJCorp to buy over his shares at inflated price since BJCorp now cash rich from sale of BJEnviro?....
https://www.marketscreener.com/quote/stock/7-ELEVEN-MALAYSIA-HOLDING-20707989/news/Vincent-Tan-Mulls-Selling-7-Eleven-To-Berjaya-Corp-34475202/

Already on downtrend, if VT pumps once more time better take profit while the going is still good...tut tut
"VT goreng Bjcorp until hangus.
Then VT goreng Bjfood until hangus. Now VT goreng Redtone, when hangus is just a matter of time..."

Already exited...oh yes remember not to catch a falling knife...tut tut

Bye for today... let's ride the next wave at Iris?... Tut tut

Morning...tut tut

Good show today...tks Salute...next round Iris?... tut tut

Morning...tut tut

After Salute, do visit Iris...tut tut

Morning...tut tut

Morning...tut tut

VT needs to be decisive on privatisation moves for BJLand the crown jewel of Berjaya to fuel interest in Berjaya stocks similar to LTAT move to privatise Boustead?...

https://www.nst.com.my/business/2023/03/885431/privatisation-headlines-fuelled-rally-boustead-stocks

You are right! BJCorp needs to take drastic actions to restructure it's biz by taking BJLand & BJAsset private like LTAT taking Boustead private for effective restructure, otherwise VT's so called corporate moves are merely cosmetic with recycling main actors and bound to fail...

Everyday dropping...how low can it go? Tut tut

Pharma plunge into a black hole...Will it ever climbs out?...tut tut

https://www.freemalaysiatoday.com/category/highlight/2023/02/28/pharmaniaga-shares-plunge-43-after-losses-trigger-pn17/

One down...more to go ...who else selling Covid vaccines?

BJLand has reported a profit for 2 consecutive Qtrs. with RM84 million profit for current Qtr with potential to grow post Covid with opening of world economy? VT already set a benchmark at 0.28 so don't expect lower price, Better book your tickets soon... anyway the Resistant is 0.29...once broken it should fly once the new owner for BJCorp's 80.1% share in BJLand is known? We think they are trying to keep price low for MGO/privatize?

Tks py1818 for your daily bulletin.
BJLand at 0.28 should play catch-up with BJCorp's price of 0.315, a 3.5 sens price difference once a definitive agreement on Purchase of a Financial Services Provider such is announced by BJCorp and the new 80.1% majority owner of BJLand is known?

py1818 @sailang_now
@earlyretirement
@Investor123456
BjLand
Highest price 0.52
Major Resistant 0.33
Resistant 0.31
Resistant 0.29
Price 0.28
Verdict - Uptrend is still intact...

How to use buletin.
If price go below support, downtrend.
If price go above resistant, uptrend

You may be right, as BJLand is doing very well post COVID in Japan & also Iceland...

https://www.starproperty.my/news/malaysian-developer-builds-stunning-architectures-in-japan/123613

https://www.icelandhotelcollectionbyberjaya.com/en/about-us/company-profile-1

You are right...both BJCorp/BJLand went above 0.50 in May 2021...timing is very important for VT in Fung Shui?...let's wait for VT's latest announcement...he doesn't like people to pre-empt him?...

kahhoeng

haha...quite frankly, I also believe BCorp and BLand are worth between 0.60 and 1.00 per share

Just dropping by...tut tut

Something's up? Why pump BJCorp while at the same time place a big block at 0.28 for BJLand? Is BJCorp monetizing it's 80.2% shares in BJLand or selling some stakes to a strategic partner or taking private?

It's good that VT has ceased to be majority shareholder in BJCorp & SPToto, where's the definitive agreement or Mou to purchase MCIS? Maybe that's not the intended target? The next direction will be influenced by new substantial shareholders Kossan & TSLim Family. Anyway why not follow VT sell BJCorp & buy SEM & BJLand? BJCorp's currently moving sideways pending fresh announcements from VT & TSLim Kossan like dividend as promised by VT earlier after a good Qtr. or new ventures in Subang Airport Mgt or launch of new Airlines services though Rafflesia Airways or Asia Jet? In the meantime while we wait for coming Qtr. results, follow VT collect BJLand on dips as someone's trying to maintain price at 0.28 by placing a big block for some reason?...next Qtr's results should be good after reopening of national borders, China tourists and more news on BJLand's 3 Airways division after appointment of Captain Voo exCAAC as new CEO and involvement in Subang Airport initiative by Govt.

py1818 Tks for your daily bulletin..
All BJCorp Call Warrants has expired and no new ones in sight...in the meantime VT has been selling via direct biz transactions to Proxies for goreng purpose?...let's see what's VT next move?

py1818 *
@earlyretirement
@sailang_now
@bulldog
BjCorp
Highest price 0.50
Resistant 0.39
Resistant 0.35
Resistant 0.33
Support 0.30
Price 0.32

You could be right as BJCorp currently owns 80.2% shares in BJLand. If BJCorp sells 10% BJLand shares to a strategic investor, it will kill 2 birds with one stone. As BJCorp will be able to monetize it's investment in BJLand while BJLand will get the necessary cash injections to launch new services under Asia Jet & Rafflesia Airways which are new entities under BJLand and BJLand will meets the minimum shareholder's spread as required by Bursa. No wonders VT is acquiring lots of BJLand at 0.28 in his personal capacity lately...

Morning guys...VT took profit already? So should you? Tut tut

Help VT to break Resistant at 0.35 so that he has more bullets to buy BJLand from 0.28? As uptrend is still intact, next TP 0.35? Remember! follow cash rich VT to collect BJLand & SEM... something's cooking & the smell of money is refreshing once the new 80.1% owner of BJLand is known.

py1818 Tks for your daily bulletin..
All BJCorp Call Warrants has expired and no new ones in sight...in the meantime VT has been selling via direct biz transactions to Proxies for goreng purpose?...let's see what's VT next move?

py1818 *
@earlyretirement
@sailang_now
@bulldog
BjCorp
Highest price 0.50
Resistant 0.39
Resistant 0.35
Support 0.33
Price 0.345
Verdict - Uptrend is still intact...

How to use buletin.
If price go below support, downtrend.
If price go above resistant, uptrend

BERJAYA LAND BERHAD
Subject Dealings During Closed Period
Date of announcement made for "Intention to Deal During Closed Period" 19 Jan 2023

No Salutation Name Designation Description Of "Others" Designation
1 TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN Others Director of STM Lottery Sdn Bhd, a major subsidiary of the Company
Type of Transaction Others
Description of "Others" Type of Transaction Cessation
Date of Transaction 25 Jan 2023
Description of Securities Ordinary Shares
No of Securities Transacted 3,981,782,496
% of Securities Transacted 80.922

Happy CNY Guys...Enjoy your holidays...

With VT's announcement on Intention to Deal During Closed Period...Let the countdown begins...just wait for more announcements...VT has been quietly accumulating BJLand shares from weak holders lately while actively discouraging day traders from taking short term positions with unusually large sell order from one or two big seller for a reason?...You just can't go wrong by following cashrich VT to accumulate more BJLand on dips at regular intervals with spare cash...

Tks py1818 for your daily bulletin.
BJLand at 0.28 should play catch-up with BJCorp's price of 0.335, a 5.5 sens difference once a definitive agreement on Purchase of a Financial Services Provider such as Bank of China (M) & MCIS is announced by BJCorp?

py1818 @sailang_now
@earlyretirement
@Investor123456
BjLand
Highest price 0.52
Major Resistant 0.33
Resistant 0.31
Resistant 0.29
Price 0.28
Verdict - Uptrend is still intact...

How to use buletin.
If price go below support, downtrend.
If price go above resistant, uptrend

Correct! BJCorp controls 80.2% shares in BJLand worth RM1.1 billion. While BJLand controls
more than 40% shares in STM Lottery worth at least another RM1 billion with Gaming License. TS Lim & siblings from Kossan already controls more than 12% shares in BJCorp & may acquire more in future. TS Lim is no yesman being a self-made billionaire ranked 24 on the Forbes list. Being the 2nd largest substantial shareholders after VT, they may influence & chart new directions for BJCorp and monetize it's cashcows such as BJLand & STM Lottery sooner or later?

TS Lim & siblings already controls more than 12% shares in BJCorp & may acquire more in future. TS Lim is no yesman being a self-made billionaire ranked 24 on the Forbes list. They may chart new direction for BJCorp and monetize it's cashcows such as BJLand & STM Lottery sooner or later?

Btw his Brother acquired another 80 million BJCorp shares on the 11/1

2023-01-13
Insider
LIM LENG BUNG (a substantial shareholder) acquired 80,000,000 shares on 11-Jan-2023.

TS Lim from Kossan shares his wealth with his siblings... something is cooking that's why they spend RM120million to buy BJCorp. Just wait for the definitive agreement to buy MCIS Life to be announced?
https://www.forbes.com/profile/lim-kuang-sia-siblings/?sh=3b488fd26c06

Already reached support at 0.33 yesterday after a bout of profit taking by day traders, let's see if uptrend is still intact after T+2? Since VT has confirmed BJCorp is in negotiations to acquire MCIS Life... it's next best to owning a Bank as BJCorp would be able to use MCIS Life's customer cash premiums & deposits for investment purpose with low cost of capital. It will also enhance its existing range of Financial Services under stock broking, licenced money lending and General Insurance under its 30% subsidiary Berjaya Sompo. Once a definitive agreement is signed to acquire MCIS Life, BJCorp should break resistant 39? With a 130M cash war chest VT has been steadily acquiring BJLand shares on a daily basis. It's interesting to note that BJLand is now a substantial shareholder in 7Eleven with more 5% share. Will appointment of Anwar loyalist as 7Eleven Chairman & Berjaya Construction Director helps VT to implement his restructuring plan as proposed by Jalil earlier? In the meantime collect laggard BJLand for better upside...

py1818 Tks for your daily bulletin..
All BJCorp Call Warrants has expired and no new ones in sight...in the meantime VT has been selling via direct biz transactions to Proxies for goreng purpose?...let's see what's VT next move?

py1818 *
@earlyretirement
@sailang_now
@bulldog
BjCorp
Highest price 0.50
Resistant 0.39
Resistant 0.35
Price 0.33
Verdict - Need to confirm whether uptrend is still intact after T+2?...

How to use buletin.
If price go below support, downtrend.
If price go above resistant, uptrend

think atm BJLand is using its cash to help VT acquires 7Eleven (SEM) shares for a reason? I believe BJLand already has more than 5% shares in SEM under its subsidiaries etc. 5% of SEM at current market (65.5M shares x RM1.76 = RM115M) value. Maybe VT will use this cash hoard once BJLand is fully taken over sooner or later?

Name of registered holder Berjaya Land Berhad
Address of registered holder Level 12 Berjaya Times Square, No 1 Jalan Imbi 55100 Kuala Lumpur
Description of "Others" Type of Transaction
Circumstances by reason of which change has occurred Acquisition of shares via married deal by Berjaya Land Berhad.
Nature of interest Direct Interest
Direct (units) 39,343,000
Direct (%) 3.493
Indirect/deemed interest (units) 26,065,369
Indirect/deemed interest (%) 2.314
Total no of securities after change 65,408,369
Date of notice 27 Jul 2022
Date notice received by Listed Issuer 29 Jul 2022

Remarks :
Indirect interest:-
- Berjaya Philippines Inc. ("BPI"): Deemed interested by virtue of its interest in BPI.
- Bukit Kiara Resort Berhad ("Bukit Kiara"): Deemed interested by virtue of its interest Bukit Kiara.
- KDE Recreation Berhad ("KDE"): Deemed interested by virtue of its interest in KDE.
- Nural Enterprise Sdn Bhd ("Nural Enterprise"): Deemed interested by virtue of its interest in Nural Enterprise.

The interest (direct and indirect in terms of number of shares) of Berjaya Land Berhad further to the transactions are as follows:-
(1) Berjaya Land Berhad - 39,343,000 ordinary shares
(2) BPI - 7,892,175 ordinary shares
(3) Bukit Kiara - 1,800,000 ordinary shares
(4) KDE - 1,049,994 ordinary shares
(5) Nural Enterprise - 15,323,200 ordinary shares

Should break resistant 0.31 soon since VT has revealed one card Once VT announce a definitive agreement to acquire a Financial Services Provider BJCorp could reach major resistant 33.5? One hint is BJCorp can't hold a Banking License and at the same time a Gaming Licence currently held by major subsidiary BJLand? Will appointment of Anwar loyalist as 7Eleven Chairman & Berjaya Construction Director helps VT's case? In the meantime collect laggard BJLand for better upside...

py1818 Tks for your daily bulletin..
All BJCorp Call Warrants has expired and no new ones in sight...in the meantime VT has been selling via direct biz transactions to Proxies for goreng purpose?...let's see what's VT next move?

py1818 *
@earlyretirement
@sailang_now
@bulldog
BjCorp
Highest price 0.50
Resistant 0.39
Resistant 0.35
Major resistant 0.335
Resistant 0.31
Price 0.305
Verdict - Already breaks resistant 0.29 decisively to show uptrend...

How to use buletin.
If price go below support, downtrend.
If price go above resistant, uptrend

Something good must be coming up? Apart from Kossan, US Investment Fund Principal Global Advisers LLC has also increased their shareholding by 35.11% to 183M shares while UK Investment Fund Fulcrum Asset Management Sdn Bhd has 210M shares in BJCorp. Institutional funds now stands at 16.4% vs 35.5% for General Public...Normally Sharks and Insiders smell opportunity to make money before Bilis...

The coming State Elections will be another opportunity for sharks to make money. Otherwise VT & company such as BJLand won't buy aggressively? Anwar may announced budget goodies in coming Budget that favours VT companies as catalysts?
https://www.theedgemarkets.com/article/new-budget-2023-and-coming-state-elections-will-test-anwars-unity-government-say-experts

Correct...VT is a shrewed Bizman...just wait for VT to add the ingredients for a truly delicious Berjaya Nasi Goreng?

shortinvestor77
Vincent will donate to PH-BN lah. This is a business.

py1818 Tks for your daily bulletin..
All BJCorp Call Warrants has expired and no new ones in sight...in the meantime VT has been selling via direct biz transactions to Proxies for goreng purpose?...let's see what's VT next move?... anyway, breakout is expected starting from BJLand as already playing catch up?...

py1818 *
@earlyretirement
@sailang_now
@bulldog
BjCorp
Highest price 0.50
Resistant 0.39
Resistant 0.35
Major resistant 0.335
Major resistant 0.31
Resistant 0.29
Resistant 0.27
Price 0.235
Verdict - Still moving sideways...Needs to break 0.27 decisively to show uptrend.

How to use buletin.
If price go below support, downtrend.
If price go above resistant, uptrend

Morning... already touched 60sens...will it be Halfpenny stock soon?...tut tut

Morning...once 2.58 broken...Tp 2.50 soon? tut tut

Should drop hot potato TS Lim's TG n buy best fren VT's Berjaya?...tut tut

Ya lor...from Penny to Halfpenny stock...tut tut

Yah Ka?...tut tut

Good news...Bosku finally checking-in Bamboo River Resort today ...
https://m.malaysiakini.com/news/633141

Rubber now RM2.50 will increase to RM3.50 by year end due to increasing demand. According to MPIC

https://www.klsescreener.com/v2/news/view/1032161

How low can it go?...tut tut