Yup! Ever heard of the boiled frog syndrome? 25 sens is not the bottom, remember the lowest this year before the goreng was 17.5 sens?
Once upon a time... Bull Frog fell into Berjaya vessel of hot water. The water was still on a gas stove. Bull Frog still did not try to jump out of Berjaya vessel, instead just stayed in it. As the temperature of the water started to rise, Bull Frog managed to adjust his body temperature accordingly. As the water started to reach the boiling point, Bull Frog was no longer able to keep up and manage his body temperature according to the water temperature.
Bull Frog tried to jump out of Berjaya vessel when it's too late but with water temperature reaching its boiling point, Bull Frog was not able to bear it and couldn’t make it. What was the reason that Bull Frog couldn’t make it? Will you blame the hot water for it?
Moral of the story: Bull Frog couldn’t make it due to his own inability to decide when he had to jump out. We all need to adjust according to the situations but there are times when we need to face the situation and take the appropriate action when we have the strength to do so before it’s too late. Walk out before you need to jump.
Bombshell for Jalil Rasheed(JR). Thanks to the promoter of MARA digital mall. JR Shares in Tailkor Vincent BJcorp could be stuck into oblivion because he has to sell it to another Bumi.
29-Sep-2021 Insider TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN (a substantial shareholder) acquired 1,000,000 shares on 28-Sep-2021. 29-Sep-2021 Insider TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN (a substantial shareholder) acquired 1,300,000 shares on 27-Sep-2021. 29-Sep-2021 Insider TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN (a company director) acquired 1,000,000 shares on 28-Sep-2021. 29-Sep-2021 Insider TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN (a company director) acquired 1,300,000 shares on 27-Sep-2021.
Yup! BCorp made a loss of RM242.54 million for fourth quarter ended June 30, 2021 (4QFY21). In the past one year, BCorp has risen 41.67% from 17.5 sens in March to current price 25.5 sens...
Yup! A loss of RM242 million for current qtr. represents a loss of 4.2 sens per share? Total loses for financial year already more than RM440 million. VT buying is only a token sum, sooner or later Sompo & Dimensional Fund will dump another 72 million shares in the market?
scanluver VT buying just to keep BCorpse on life support. This won't end well.
When Vt pumps Take profit if you can Cut loss if you can't Many Sifus already died No longer with us Many more fell will fall by the way side Were they disillusioned with Berjaya? Chasing empty dreams In VT's Wonderland Having lost everything Mortally wounded and Living with losses in silence? Only they know each & everyone one Rest In Peace, my friends Good bye Good bye, my friend Know that we will Not miss you Good bye Good bye, my friend Know that we will not feel Sad without you
Bjcorp just announced a set of recent losses, why its share price did not crash but instead go up leh ?
Pakai otak think lah!
Do not be penny wise pound foolish loh!
How much bjcorp reported losses leh ? Less than 1 sen losses mah!
What is NAV of Bjcorp leh ? At least Rm 5.00 per share mah!
What is the share price of bjcorp leh ? 25.5 sen only mah!
Assuming Bjcorp going to lose 5 sen every year for the next 3 yr it only cost 15 sen mah!
Thus NAV Rm 5.00 minus original investment 25.5 sen plus 15 sen losses u still get Rm 4.59 margin of safety mah!
Your investment cost only 25.5 sen...that means u still can get 18x margin of safety or 1800% more base on your holding value after 3 years mah! There is so much value or margin of safety to cover for your penny investment mah!
But do remember according to plan after 2 years CEO Jalil will monetize at least Rm 2 billion of Bjcorp....assets this will generate more than Rm 1.2b in profit loh!
U may run the risk of missing the flight mah!
Bjcorp is supported by valuation of NAV Rm 5.00 to Rm 10.00 mah!
VT & Macais quietly collecting loh!
Lu tau boh ?
Posted by stockraider > Sep 28, 2021 12:04 PM | Report Abuse X
Good point ?
Jalil says his time frame is within 2 years monetize at least Rm 2 billion assets & within 5 yrs monetize Rm 5 billion assets mah!
How u know 3 months later bjcorp can monetize Rm 3b assets....but u have sold cheap cheap hoping to come back 2 yrs later leh ??
U may run the risk of missing the flight mah!
Bjcorp is supported by valuation of NAV Rm 5.00 to Rm 10.00 mah!
VT & Macais quietly collecting loh!
Posted by simon2020 > Sep 28, 2021 11:59 AM | Report Abuse
Since need to wait 2 to 5 years why not make hay while the Sun shines elsewhere as suggested by sifu Calvin in Palm oil etc?
Can always revisit BCorp in 2 to 5 years time when it really shows a turnaround?
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 > 2021-09-29 11:51 | Report Abuse
0.20 incoming!