This stock is going to 3x to 5x within 6 months. I have collected some and wait for the spike.
Berjaya Assets Bhd (BAssets) is looking to raise close to RM1bil via the equity markets to fund reclamation works for its 55-acre piece of land in Johor Baru, although the timeline is still fluid.
Berjaya Assets Bhd (BAssets) is currently in talks with an Asian automotive brand to manufacture and assemble its cars under BAsset’s unit Oriental Assemblers Sdn Bhd.
Speaking during a briefing today, BAssets executive director Koh Huey Min said: “We will announce plans for Oriental Assemblers in six months’ time.”
The Group registered revenue of RM85.8 million and pre-tax loss of RM22.1 million in the current quarter ended 30 June 2017 as compared to revenue of RM98.3 million and pre-tax loss of RM53 million reported in the previous year corresponding quarter. T
Went to Grayhound Cafe in Bukit Bintang just now... It is located between Lot10 and Starhill. Great location! Great crowd non-stop from both direction. the cafe is packed!
The shares should be about RM1.68, based on the calculation of the 25ha reclaimed land in JB is roughly RM1.4b plus its current assets RM600m = RM2b / 11.9b shares = RM1.68
Just don't know how it will tie up with Tan Sri's Britian business venture:
"Greyhound cafe plans to open a branch of its Greyhound Cafe brand in Britain and use it as a springboard for expansion in Europe through franchising, it said in a statement yesterday.
It also aims to increase the number of Greyhound Cafe outlets in mainland China, Hong Kong, Malaysia and Singapore and strike franchising deals for one or two new markets per year, including in Europe."
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