Not so smart lar u. Low IQ ka. Theres certain valuable rule of thumbs in the market place. One of which if you expect it to fall but instead its holding, it means its going to go up.
Anyhow prudence thing to do at this juncture is run first, then WAIT N SEE FOR CLEARER Qs on direction.
where got surprise...u dun understand the old man feeling b4 he retire officially. he want to leave a legacy....50 sen...penny stock..he he... at least must be index stock...
About 12 years ago this stock shot up sky high due to rumour that it got a gambling license to operate slot machines at a resort in Bukit Tinggi which is owned by Bjcorp (not sure now whether it still owned by Bjcorp) but after that it turned out to be just rumour and so the stock dived back to below 20c.
Berjaya's profits has never been there...one of the reasons is it keeps on acquiring assets every year. "Land grab". Never mind the returns be the first mover to grab market share. The moment it stops acquring you would see profits up. That is why he declared no more acquistion for now.Consolidate. Amazon had the same policy for years but it was superior to BJ in that it had fiscal discpline with its operations. Once BJ tightens its operations and rationalises it, profit would surface. Ark innovations is on the same principle.
VT has to tighten his operations and value would quickly emerge. Mulpha is in the same boat but mgmt is up to no good.
Good analysis on Profit vs Asset Acquisition effect on BJCorp. "“We will undergo a period of change slowly to ensure we are future-proofed against any external shocks. This means we need to have a balance of businesses from recurring and non-recurring income. This means having a rethink about what we want to be and where we want to focus on. We are in a period of consolidation to sweat our assets better and enhance our value. We will not be acquiring any assets for now,” said the 69-year-old founder and executive chairman in an interview with The Star."
Yup, hope tomolo continue rise. I saw he bought in 10million unit. Si beh happy...But vs his 2.5billion is only 0.4%. hope the 0.4% can bring us to the sky. His 2.5 billion shares increase from rm450m to 1billion a'dy. Take out 4 million to support the price is nothing to him le. Pls to out 400m to continue buy bk shared
MR DEREK CHIN CHEE SENG 31-Mar-2021 Acquired 50,000 - View Detail MR DEREK CHIN CHEE SENG 31-Mar-2021 Acquired 100,000 - View Detail TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN 31-Mar-2021 Acquired 10,592,000 - View Detail ENCIK ABDUL JALIL BIN ABDUL RASHEED 30-Mar-2021 Acquired 43,000,000 - View Detail ENCIK ABDUL JALIL BIN ABDUL RASHEED 30-Mar-2021 Acquired 13,000,000 - View Detail ENCIK ABDUL JALIL BIN ABDUL RASHEED 30-Mar-2021 Acquired 5,000,000 - View Detail ENCIK ABDUL JALIL BIN ABDUL RASHEED 29-Mar-2021 Acquired 5,000,000 - View Detail ENCIK ABDUL JALIL BIN ABDUL RASHEED 24-Mar-2021 Acquired 70,000,000
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....
pang72
51,509 posts
Posted by pang72 > 2021-04-01 16:33 | Report Abuse
Apa la Rr88..
Sure up la...