Posted by simon2020 > Aug 28, 2020 9:25 PM | Report Abuse
Good enough for a start...for every 1000 shares held, you get 40 shares as dividend in specie. Equivalent to 0.08 sens per share at current market price?
No need to wait further..Just collect at current low price.. TSVT already giving lots of signal wat? ..Aborted Singer deal to prevent dilution of shares ..Signs agreement with China Lottery for third party lottery in China..currently only 2 lottery operators in China/Hong Kong..the China lottery market is big enough for a third operator with 1.4 billion population...even Malaysia with only 31.5 million population with 19.5 million Muslim population has 3 lottery operators all making good profit! ..Finally declares Dividend Specie equivalent to 0.8 sens per share..equivalent to 4% interest better than FD! ..Collected RM360.5 million compensation from JDC Jeju ..Started enforcing RM650 million arbitration win for GMOC sale against Beijing SkyOcean in China People's Court.. which already frozen 20 billions of SkyOcean's assets earlier in China for Berjaya arbitration case!
Bad news: buy Singer. Good news: abortion of Singer. Good news: Beijing jackpot. Bad news: poor results as usual most of the time. Good news: dividend after donkey years. Next?
They cannot do lottery business for 2.5 months surely it will lose monies mah...!!
Now operations almost back to normal, no more lockdown mah...!!
Exciting time coming loh...!!
Posted by Jeffreyteck > Aug 30, 2020 10:33 AM | Report Abuse
Bad news: buy Singer. Good news: abortion of Singer. Good news: Beijing jackpot. Bad news: poor results as usual most of the time. Good news: dividend after donkey years. Next?
LOL, good observation! Expect more excuses to come.
Jeffreyteck Bad news: buy Singer. Good news: abortion of Singer. Good news: Beijing jackpot. Bad news: poor results as usual most of the time. Good news: dividend after donkey years. Next?
No need to wait further..Just collect at current low price.. TSVT already giving lots of signal wat? ..Aborted Singer deal to prevent dilution of shares ..Signs agreement with China Lottery for third party lottery in China..currently only 2 lottery operators in China/Hong Kong..the China lottery market is big enough for a third operator with 1.4 billion population...even Malaysia with only 31.5 million population with 19.5 million Muslim population has 3 lottery operators all making good profit! ..Finally declares Dividend Specie equivalent to 0.8 sens per share..equivalent to 4% interest better than FD! ..Collected RM360.5 million compensation from JDC Jeju ..Started enforcing RM650 million arbitration win for GMOC sale against Beijing SkyOcean in China People's Court.. which already frozen 20 billions of SkyOcean's assets earlier in China for Berjaya arbitration case!
The major shareholder of U Mobile includes Straits Mobile Investments Pte. Ltd (49%), followed by U Telemedia Sdn Bhd (21.46%), DYMM Sultan Ibrahim (15%),[16] Magnum Bhd (6.33%), Tan Sri Vincent Tan Chee Yioun (6.2%), and Berjaya Infrastructure Sdn Bhd (2.01%).
I believe Berjaya Infrastructure is a subsidiary of BJCorp and VT is chairman of both BJCorp & U Mobile so shoring up of public standing of Chairman before IPO very important for public acceptance no?
simon2020, based on what you have presented, I can't be sure if BCorp has any stake in U Mobile now. I once tried to find out the ownership of U Mobile a few years back. What I found out then was U Mobile is owned by VT personally... Now, I could be wrong, maybe a small stake.
Very sensible of you. You are right, BCORP and U Mobile are completely different entities and VT is the only link between them. Good to know that you're not onboard the hype train. Besides, I doubt the anticipated U Mobile IPO will happen this year, even next year for that matter. Time will tell.
kahhoeng simon2020, based on what you have presented, I can't be sure if BCorp has any stake in U Mobile now. I once tried to find out the ownership of U Mobile a few years back. What I found out then was U Mobile is owned by VT personally... Now, I could be wrong, maybe a small stake.
The BoD here's is smarter than a layman usually, but pretending foolishness to vital issues or partially productivities. That's say you IPO umobile, you will be treated want money than making money for investors.
Especially those already established long as entrepreneur company called conglomerate with every facility and assets rich but poor management, how to manage IPO fund?
Lol...Right on Bro! Uncle Tan has appointed CIMB Investment Bank & 2 foreign banks for the RM10 billion IPO exercise...believe many dealers here also working for them?
U Mobile Sdn Bhd, which plans to undertake an initial public offering (IPO) later this year, has engaged CIMB Investment Bank Bhd as its adviser for the exercise. It is targeting a valuation of RM10 billion to RM11 billion, according to several sources familiar with the matter.
“Having appointed an adviser, the company is on track for a listing by the end of this year at the earliest,” says a source.
According to another source, two foreign banks have been appointed as joint global coordinators for the IPO exercise.
Uncle Tan is very rich. BJCORP is a slow grower. Nobody wants to push BJCORP. Incentive is very low. Purchase BJCORP 3 years ago. Price keep falling. Put fd also got interest!!!!!
all bosses sleeping. dispose all aset and declare banckgrupt. distribute the remaining back to share holder since we pay u director feea and u cannot perform. waste time and money.
If you want to judge how this company performance through daily , weekly or yearly basis throughout market price indication, maybe the Board of Directors can still mock you stupid or ignorant. But if you judge it with fundamental , dividend paidout, or bursa announcement, you find it ridiculous funny fraudulent sensational bussinesses news that's bring little to profits for this conglomerate contribution in quarterly or annually financial report.
walao, terminate 'singer' buy '7-11'. can u buy tencent, alibaba, microsoft or facebook. only bjcorp can move up a bit. today drop to 0.19 mean share holder not happy your move. vt u know or not. what u doing.?
He is not rescuing 7-11, he mentioned before he will privatised 7-11 using BJCorp becuase he think the share price is seriously undervalued, everything is still going accordingly to his plan
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
ignissimia
1,055 posts
Posted by ignissimia > 2020-08-29 10:29 | Report Abuse
0.8 cent per share
Posted by simon2020 > Aug 28, 2020 9:25 PM | Report Abuse
Good enough for a start...for every 1000 shares held, you get 40 shares as dividend in specie. Equivalent to 0.08 sens per share at current market price?