Yeah accumulation, u can check the buy sell history on your apps or from PC. 9.21-9.40am, the rate buying on 0.455 is quite alot during this period n even a few buy in small amount on 0.460
There u go, its moving now, hope can sustain. The buy rate quite important, to see which price they buy in, no one want to buy a loss making price if dont intend to push it. Unless they just pump it, dump it later which is most likely they do, they make money from this haha
Abdul Jalil, who will be taking the FIRST THREE MONTHS to do a strategic review of the BCorp Group, said he was working with Robin to kickstart the transformative process and bring Vincent's future vision for the Berjaya Group to fruition.
“BCorp is a very diversified group and I am meeting my new colleagues in the various businesses to identify core and non-core assets and clustering the Group into consumer verticals, in line with our vision to become a diversified consumer group. We will engage with the public and investment community when we are ready to unveil our strategic plan.” he said.
Celcom & digi merging soon? bjcorp & bjland should merge for economies of scale. Umobile can have backdoor listing thru one of Berjaya company like bmedia to add excitement to market?
Since Bjcorp already hold 87% of bjland & assuming bjcorp privatise BLAND at 60 sen.........bcorp only need Rm 390m cash loh!
Since assets value of bland per share b4 revaluation is 80 sen, then bcorp will make at least rm 130m on privatization loh!
The share exchange ratio still can still maintained at 38 for 30 pegging bjcorp at 47.4 sen v bland 60 sen, should shareholders of bland chose the share option loh!
Highly affordable for bcorp to privatise bland...an easy picking fruits...very tempting for the 1st stage of value enhancement mah!
The new line of snake oil you're selling is very enticing :)
stockraider Since Bjcorp already hold 87% of bjland & assuming bjcorp privatise BLAND at 60 sen.........bcorp only need Rm 390m cash loh!
Since assets value of bland per share b4 revaluation is 80 sen, then bcorp will make at least rm 130m on privatization loh!
The share exchange ratio still can still maintained at 38 for 30 pegging bjcorp at 47.4 sen v bland 60 sen, should shareholders of bland chose the share option loh!
Highly affordable for bcorp to privatise bland...an easy picking fruits...very tempting for the 1st stage of value enhancement mah!
If you ask me by international market definition BJCorp with present market capitalization of only RM2.36B is only a small cap with less excess to capital & as many financial resources. By having a merger with BJLand may double the Group's market capitalization due to synergy of resources & assets promoting it to Mid-cap company which naturally will open the doors to raise funds in international money markets & also access to cheaper capital on favourable terms? This will solve the current issue of funding for BJGroup projects & also free it from the whims & fancies of raising funds from local investment banks like RHB, Maybank etc?
As for future value of BJCorp, once a benchmark of at least 60 sens has been set with the offer of at 60sens to remaining shareholders of BJLand for the merger.
"Small cap stocks tend to be more volatile and riskier investments. Small-cap firms generally have less access to capital and, overall, not as many financial resources. This makes it difficult for smaller companies to obtain the necessary financing to bridge gaps in cash flow, fund new market growth pursuits, or undertake large capital expenditures. This problem can become more severe for small-cap companies during lows in the economic cycle."
As for privitization of bland...they only need Rm 390m or less...this can easily by funded by its existing group cash holdings plus compensations receipts from Great Wall Mall from China alone already Rm 650m mah!!
As Vincent Tan has undertake not to do more acquisition & by sweating the existing assets huge cash can be released to generate huge shareholders value mah!
As for privitization of bland...they only need Rm 390m or less...this can easily by funded by its existing group cash holdings plus compensations receipts from Great Wall Mall from China alone already Rm 650m mah!!
As Vincent Tan has undertake not to do more acquisition & by sweating the existing assets huge cash can be released to generate huge shareholders value mah!
Don't think so 1. The GMOC RM650 million arbitration award including interest accrued against Beijing SkyOcean by HKIAC was in May 2020. 2. Beijing SkyOcean's 70% shares in Tuopai Sheds was frozen by Beijing People Court in August 2020 to facilitate recovery of RM650 million owing to BJLand 3. The 70% shares owned by Beijing SkyOcean was successful auctioned to Fosun for RMB4.53B cash has been paid to China's court in Jan 2021 to pay Beijing SkyOcean's creditors. 4. BJLand as one of the creditors secured by the HKIAC award should received the RM 650 million anytime now? https://www.theedgemarkets.com/article/berjaya-land-wins-rm595m-arbitr... https://ir.fosun.com/static-files/91966076-54da-440b-9042-c821639fe21f
Followed Jalil Twitter too, in one of his latest tweets he said BJCorp performance as holding co. is dependent on its companies doing well so its really like a funds manager allocating capital, increasing & reducing weightage in its portfolios. Let see how Jalil deals with the mergers & disposal of non core assets in due course?
Batik aka Black shoe? Pakai batik target tambah berapa untung kepada Corp ya? MAS pramugari pun semua pakai batik ma, tapi cerita itu lain sikit, itu ada bapa PNB kasi banyak duit tanggung rugi......hehehe......................
Beijing SkyOcean's RM650 million ada announcement/status updates tak?
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....
Tibbers
570 posts
Posted by Tibbers > 2021-04-09 10:40 | Report Abuse
Yeah accumulation, u can check the buy sell history on your apps or from PC. 9.21-9.40am, the rate buying on 0.455 is quite alot during this period n even a few buy in small amount on 0.460