Thats is the different between educated boss with highly knowledge or start from nothing ( no qualification ) ...pls compare others good potential companies...how their management run the show ...then you will realized what are you investing...for BJcorp...profit , run , no sentimental value. Infact VT should appreciate what he has today....be a good and humble man and not involve so much social media like her famous daughter..they are not operating Hollywood
haha...maybe Vt doesn't mind losing money to jalil after many years if jalil didnt preform and screw up by selling all assets....maybe Vt just want publicity ....cannot lose out to top glove boss mah
Bcorp is not so bad a co lah, the assets under the co have good value. The problem with bcorp is VT only cares about him but not minority shareholders with all deals only to benefit nobody but him...
Particulars of Director Name TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN Descriptions(Class) Ordinary Shares Details of changes No Date of change No of securities Type of transaction Nature of Interest 1 03/05/2021 500,000 Disposed Indirect Interest Name of registered holder Cimsec Nominees (Tempatan) Sdn Bhd Description of "Others" Type of Transaction Consideration (if any) 2 04/05/2021 1,000,000 Disposed Indirect Interest Name of registered holder Cimsec Nominees (Tempatan) Sdn Bhd Description of "Others" Type of Transaction Consideration (if any)
Circumstances by reason of which change has occurred Indirect interest held through child - Disposal via open market.
Another modern day Nero!!!!! All talk like VT but where's the action????? Talk is cheap!!!! Vision is plenty!!!!!
Reminds us when Nero Fiddled while Rome Burned!!!!! When the band played while Titanic is sinking!!!!!
Lai lai lai lailah!!!!!! Enjoy it while you can!!!!! Before the music stops!!!!! Don't Be the last person holding the baby as even VT's children knows how to sell when the going is good!!!!!
"A Ponzi scheme is a fraudulent investing scam which generates returns for earlier investors with money taken from later investors. This is similar to a pyramid scheme in that both are based on using new investors' funds to pay the earlier backers."
Jingle bells, jingle bells Jingle all the way Oh, what fun it is to ride the waves In one horse open sleigh, hey Jingle bells, jingle bells Jingle all the way Oh, what fun it is to ride the waves In one horse open sleigh Oh, what fun it is to ride the waves In one horse open sleigh... When Covid is up!!!!! MCO is coming to town....
Jingle bells, jingle bells VT coming all the way Oh, what fun it is to build house for the poor My hero jalil will open sleigh, hey Jingle bells, jingle bells Berjaya all the way...
You have to appreciate Jamals efforts for actually coming on air to clarify his plans. Step in the right direction. Transformation takes time. If you want to look for short term trades go look elsewhere. Always look at glass half full than half empty and you will live a much happier life.
Hope so...Transformation takes time & will take even longer with Covid & VT Family leaching policy...As mentioned by Jalil changes can only be seen in June 2022, hope he don't get short changed and loses his pants & job along the way after GE15?
The worst has happened, MCO again, so I look forward to see cases going down and Berjaya shines brightly. Just my opinion, not to influence anyone here. All the best, guys! Have a nice sleep.
Yup! You must be the new BCorp Investors Relations? Let's hope your Boss can really bring Berjaya to the Moon like Elon Musk or Bust! with the new structure to be announced end of June? As Deputy Chairman can he do some magic at Redtone & loss making BMedia?
lovetzy The worst has happened, MCO again, so I look forward to see cases going down and Berjaya shines brightly. Just my opinion, not to influence anyone here. All the best, guys! Have a nice sleep.
Just because it will trim some fat doesn't necessary mean it will be profitable in the short run. If BInfinite is still around after the announcement, consider this a lost cause.
birkincollector got money buy bit and bit lor....already said june will announce restructuring la
wantanmi Yup! You must be the new BCorp Investors Relations? Let's hope your Boss can really bring Berjaya to the Moon like Elon Musk or Bust! with the new structure to be announced end of June? As Deputy Chairman can he do some magic at Redtone & loss making BMedia?
lovetzy The worst has happened, MCO again, so I look forward to see cases going down and Berjaya shines brightly. Just my opinion, not to influence anyone here. All the best, guys! Have a nice sleep.
As long as Robin still robbing Peter to pay Paul by selling his shares!!!!! Nothing is changed!!!!! Only stale wine in a new bottle!!!!! CEO is only a proxy!!!!! What has he done so far????? Batik shirts!!!!! Football!!!! Cosway adverts!!!!! Raya with the girls????? Vision & Misi Korporat???? All talk but where's the action!!!!! Common man!!!! this is not a Govt Institution like PNB!!!! It won't bring money or foreign investors!!!!!!
Mmm, hmm, hmm, hmm Oh, oh, oh, oho Yeah, yeah, yeah, yeah One way ticket, one way ticket One way ticket, one way ticket One way ticket, one way ticket to the blues Choo, choo, train a-trackin' down the track Gotta travel on, ain't never comin' back Ooh, ooh, got a one way ticket to the blues Bye, bye, love, my baby's leavin' me Now lonely teardrops are all that I can see Ooh, hoo, got a one way ticket to the blues Gonna take a trip to lonesome town Gonna stay at Heartbreak Hotel A fool such as I (A fool such as I) There never was (Cry) I cry a tear so well
Douduo As long as Robin still robbing Peter to pay Paul by selling his shares!!!!! Nothing is changed!!!!! Only stale wine in a new bottle!!!!! CEO is only a proxy!!!!! What has he done so far????? Batik shirts!!!!! Football!!!! Cosway adverts!!!!! Raya with the girls????? Vision & Misi Korporat???? All talk but where's the action!!!!! Common man!!!! this is not a Govt Institution like PNB!!!! It won't bring money or foreign investors!!!!!!
Yup! Guys while you wait for Jalil to unveil his plans in 2 months time by end of June...we have flown to the moon and now taking DOGE to the VET...just for fun VET coin already up 13~18% today... lol
Dear scanluver. I have bought some at 36. From past history we all looked at bcorp always with great suspicion. Yes, I do hope for best even I have not much bicep shares. ..The worry is if they use time line June, to sell their stocks and play us all out all over again. Just a discussion with you scanluver.. Hope for best... Did you all notice the 508k conversion.of Loan Stocks at mr1..few days ago. Why would some one want to convert at mr1, when they could buy cheaper from market..Could this be a psychological play on us small retailers to buy when they are selling. But I do not know the terms of the Loan Stocks conversion. As we all know VT has lots on his sleeves and trust them on their words to give them time to do good for Bcorp! I take risk to buy and hold see down the track . Thanks..
I believe the 5% ICULS were issued pursuant to the rights issue in 2012. For every ICULS subscribed your need to pay RM1 in return for 5% coupon rate/ interest yearly until 2022 with option to convert to BCorp shares on a one to one basis. In addition to every 5% ICULS (BCorpLD) subscribed for RM1 in 2012, you get a free Warrant (BCorpWB).
So if you converts one 5% ICULS (which you paid RM1 in 2012) in 2021 you already collected 5% x 9 = 45% x RM1 = RM0.45 in interest plus 1 BCorp share plus 1 warrant BCorpWB (highest.11 each)
Since Robin converted his ICULS and sold at RM0.37 he could have earned back 0.45 + 0.37 + 0.11 = 0.95 already? Correct if I am wrong?
Please be advised that BJCORP’s RM700,109,520 ICULS 2012/2022 and 700,109,520 Warrants 2012/2022 issued pursuant to the Rights Issue will be admitted to the Official List of Bursa Malaysia Securities Bhd and the listing and quotation of the these ICULS 2012/2022 and Warrants 2012/2022 under the "Trading/Services" sector will be granted with effect from 9.00 a.m., Thursday, 26 April 2012.
The Stock Short Name, Stock Number and ISIN Code of the ICULS 2012/2022 and Warrants 2012/2022 are as follows:-
BJCorp proposed to buy BJLand @ 0.70 per share, totaling RM 419.11 millions and 598.73 million shares. Given that BJLand was mostly trading between 0.68 and 0.72, I suppose the purchase price is 'fair', except that BJLand has nothing great to talk about except its BJToto ownership. Its projects in South Korea's Jeju Island China's Hebei are in terrible shape.
BJCorp proposed to purchase BJLand using (1) CASH RM 65.86 millions (2) RM 353.25 millions of 10 years 2% interests ICULS (these ICULS will eventually turn into 353.25 million BJCorp shares) should they not bought back by BJCorp. (3) 706.5 million FREE warrants that can be converted into BJCorp shares with RM 1 per share.
The ICULS will increase interest cost of RM 7.065 millions per year to BJCorp. Meanwhile, 706.5 million FREE warrants basically has 0 value unless BJCorp share price crosses RM 1.
If one believe that Vietnam toto to value-add significantly to BJCorp and will result in BJCorp share price to worth more than RM 1, then the deal is not that great, given that the deal assumes BJCorp is worth RM 1 per share while BJLand RM 0.70 per share. However, if one believe the sale of China project and settlement of Jeju project will drive BJLand in profitable position in the near future, the exchange shall offer value enhancement to BJCorp shareholders.
Personally, the deal is at best neutral and only because VT is trying to consolidate his ownership and nothing to do with us (neither does he care...)
Friend, first of all I am not sure why you are reaching out to me when there are so many fortune tellers in this thread :) Here's a simple question, do you notice anything odd with BCorp's chart? Anyways, I can't tell you what the freak is going on with the loan stocks but since you sound like a speculative investor (you can't be suspicious and still be here at the same time,no?), my take is - buy only what you can afford to lose. Since you are already in and just holding, DCA your way out of it if you are not comfortable. Good luck.
TakeProfits Dear scanluver. I have bought some at 36. From past history we all looked at bcorp always with great suspicion. Yes, I do hope for best even I have not much bicep shares. ..The worry is if they use time line June, to sell their stocks and play us all out all over again. Just a discussion with you scanluver.. Hope for best... Did you all notice the 508k conversion.of Loan Stocks at mr1..few days ago. Why would some one want to convert at mr1, when they could buy cheaper from market..Could this be a psychological play on us small retailers to buy when they are selling. But I do not know the terms of the Loan Stocks conversion. As we all know VT has lots on his sleeves and trust them on their words to give them time to do good for Bcorp! I take risk to buy and hold see down the track . Thanks..
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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....
holyspirit
217 posts
Posted by holyspirit > 2021-05-05 21:06 | Report Abuse
Thats is the different between educated boss with highly knowledge or start from nothing ( no qualification ) ...pls compare others good potential companies...how their management run the show ...then you will realized what are you investing...for BJcorp...profit , run , no sentimental value.
Infact VT should appreciate what he has today....be a good and humble man and not involve so much social media like her famous daughter..they are not operating Hollywood