Recently, I have time to study others counter, found that's the market price is up to company or major stakeholders to display regardless the trading volume or the enthusiasm of minority. Am i right?
TOTAL SHARES FLOATING IN EXCHANGE Q3 2020 - 4,874,325,000 units
CASH AND CASH EQUIVALENT VALUE/TOTAL SHARES FLOAT= 26 sens / share NET EQUITY VALUE/TOTAL SHARES FLOAT= RM1.95 / share
Current price = 18 sens per share. Under Equity value and also cash value. Unbelievable discount 10x cheaper than its equity eh. UNDER CASH VALUE EH. Indirectly meaning: Buy under cash value and get time square and list of land bank for free. You get toto and list of hotels as well.
If we believe this asset will last. I think so. When the season come back. So much cash in bank wont die la.
If fundamentally speaking, is just the current fear in the market. If Berjaya formulate a new strategy moving forward, and pairing down loan. I think they will be positive in future.
Time square a freehold mall in middle of Bukit Bintang area. So Iconic asset and is free to own. Just invest under cash value. The Malaysia market so far from reality, is it due to market nightmare or what. Reality is they got cash in bank and now under cash value.
Eh I still don’t believe it. What you all think. Can buy?
When VT wanted to buy Cosway, he said blah blah deal, ended up with little profits to be seen by shareholders; When VT signed Vietnam Toto, he said another blah blah deal, ended up profit yet to be seen after 4/5 years; when VT said dividend post Kyoto Four Seasons sale with huge profits, he spent more on buying his related companies' shares than paying out as dividend; Oooh, he said BCorp is worth so much and so much, yet he dares to have his board signing MOU to buy his Singer (which was initially a BCorp subsidiary) valuing at NA but issued with BCorp shares at 80% discount. VT said many shits, which shit would you trust??? Read
When bjland investment in Iceland hotels, pandemic covid spread, next qtr banana LOH. When bjland sold Kyoto hotel which earned nothing for all minorities shareholders.etc
Eh just thinking ah, if BJ Corp announce dividend. lets say 2 cent la. Will fly or not? 2 cent like no problem to their cash reserve eh. is like alot to the current share price 17.5 cent oh.
Goldenhorse Eh just thinking ah, if BJ Corp announce dividend. lets say 2 cent la. Will fly or not? 2 cent like no problem to their cash reserve eh. is like alot to the current share price 17.5 cent oh.
Boss said cheap sales due to market volume too low. Careless about investors since he still daily focusing football matches abroad and women's.hahaha..
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....
scanluver
1,048 posts
Posted by scanluver > 2021-01-04 20:08 | Report Abuse
But, but, but 888STOCK888 said it will rise to $1.50 wor :D