Lol...Bro totally agrees with you. Why challenge the elephants? Let's be happy if Uncle Tan wants BJCorp & Jalil to succeed in the reorganization of Berjaya Empire...
See2sea it is just biz trick to makan investor money... If no it won't drop today, just 2 days after annouce.. Vt is not a first time doing this everybody know... Today can see close 0.28.. Next week will be 0. 25.. You only see the news which they attracked you to buy, you don't see many under table event... Hahahhaha.. Will keep on dropping
Ceo buy in share, you guys still dare to buy??? Run run run before too late, ceo buy mean near future no any good project, if not insider news and trade, ceo will be jailed hahahhah
Drop few sens is normal la . Omg these people who comment. braindead. haha. Which stock go up only everyday? Even airplane need refuel after long distance flight.
Had a quick look and tbh it feels pretty solid at current price. Looking at its 2020 financial report,
Deposits with financial institutions - RM751,708,000
Cash & bank balances - RM 734,878,000
Total = RM 1,486,586,000
So looking at shares issued 5,255 million, 1,486,586,000/ 5,255,000,000 = 0.283
That means total amount of cash they have is about 0.283 per share, not too far off yesterday's closing @ 0.31.
Based on the FR, basic net assets per share is 1.2147 and dilutive net assets per share 1.0999. I haven't had the time to look into what's included but with properties and such, conservatively, I'd say it could be worth ~ 0.70 - 0.80.
You see, if it's western cruelty, its their way of improving themselves... If it's Eastern cruelty, they're murderers... Very philosophical western theory
Will not have any news for another 6 months for guarantee, if have only bad news, if have good news, should good news come out first before ceo allowed to aquired as against the law
Right! More to come " We have a wide ranging number of businesses. Jalil will be tasked with identifying core and non-core assets and clustering the group into consumer verticals, in line with our vision to become a diversified consumer group. He will spearhead IR efforts with the investment community. We need to gain back investor confidence and inject good corporate governance and demonstrate to investors that we are indeed a changed company and are undergoing a transformation phase." https://www.thestar.com.my/business/business-news/2021/03/27/vincent-tan-passes-the-baton
Awaiting for the next corp news soon. Time to load up for further Upside. Low volume on Friday and price is stable. Next week should continue to climb.
new ceo , can be better , can be worse too , why you guys so confidence while there is no any others news , and company keep making 20-60millions losses yearly , young CEO , will make may make mistake and greedy
The son failed to run the biz well that's why Tsvt come out of retirement in 2017. Now he's stepping back because Tsvt has resolved the root cause of BJGroup predicament such as the failed BVFC projects in Vietnam, Jeju Korea & Great Mall of China (GMOC). Under Tsvt money has been recovered with sale of BVFC for RM155 million to Vinhomes, compensation from Jeju Korea with RM65 million profit and finally cash of RM650 million from GMOC should be received anytime now after successful auction of Beijing SkyOcean's 70% shares in Tuopai Shede frozen by China's courts for RMB4.53 billion to Fosun. Just wait for the announcement as Fosun already paid the RMB4.53 billion on or before 15 Jan 2021 to China's court. Berjaya Group as one of Beijing SkyOcean's creditors should get the cash payment of RM650 million soon.
hahahaa will see 0.28 today ... please check financial report , and no any news , ceo the news ?? will it be good or worse ?? we dont think so .. people no more confidence to this counter
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....
gangnam
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Posted by gangnam > 2021-03-26 10:49 | Report Abuse
Lol...Bro totally agrees with you. Why challenge the elephants? Let's be happy if Uncle Tan wants BJCorp & Jalil to succeed in the reorganization of Berjaya Empire...