Nearly 6 BILLION tickets how to go up to 50c??? I have 18 lots accumulated @ 26c last yr but unless old konman borrows half a billion from banks just to push up...susah nak jalan.
Ammetlife recently rumoured to be sold at 400mil USD, roughly the size of Bcorp. If the target is a life insurance company, it will be smaller/equal size than Ammetlife, and is not Zurich.
VT is scheming again. The last time with Jalil at the helm was disastrous. Now another proposed concept? Without external funds supporting it, it will be another failed scheme. Remember all his schemes will be for the majority of his maximum benefit.
Parking his shares under Kossan's TSLim so as doing a favour for VT as he need some financial back up when glove industry is having a tough time after the pandemic is over. Why did you erase your post? Cat out of the back? sailang_now Correct! VT is reaping maximum benefits by cashing out RM400m shares in BJCorp since no more steady income from BJCorp's 10 years Warrants since all expired. VT's using BJCorp's cash hoard for aggressive share buyback so downside is also minimal. He will probably get BJCorp to announce Dividend in Specie like last time as a sweetener for BJCorp shareholders including himself with 19.6%...lastly VT's using the cash proceeds from the RM400 shares sale to TS Lim from Kossan to buy more BJLand shares for what? since if BJCorp going to acquire a Financial Services License under BNM cannot at the same time owns a Gaming License from MOF under major Subsidiary BJLand...so BJCorp may have to hive off BJLand's 40% BToto shares to another entity under VT's control for maximum benefits. Is it ini kalilah? since BJLand's general public only left about 7% with another 4.5% owned by institutions? Also TS Lim from Kossan is no fool why spend cash to acquire 400m BJCorp shares from VT if not beneficial at all?
Everybody's watching from the sidelines. All talk only still no concrete actions. The only one laughing to the Bank is VT. Anyway congratulations to those who took profit. The cash from Choi San should come today.
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....
bulldog
12,157 posts
Posted by bulldog > 2022-12-27 12:36 | Report Abuse
Ho ho ho
Huat chaiii