Let assume that it is not Bukit Tagar Landfill, as (1) this deal was on July-23, (2) It's value is RM700mil, not RM400mil.
If it is additional RM612 "assets held for sale" beside Bukit Tagar, in 6 months, cash inflow could be 612+700=1,312mil. Very huge amount to par down debts.
Don't be fooled lah! She invest bjrail instead bjland. Mean this is all well interest and fast returned investment. Bjgroup used this maneuver to bjcorp as incubator many times. One day , bjland investors see bjrail become others when profit arrived. When loss, became bjmedia.
Puteri 30%, 70 % internal fund , means how much money? Loan bank or personal investment? After profits, all repay to them. Bjland only shell used for mere fee loh!
By the way, I saw this bjgroup stakeholding for associated companies to rescues purposes. Can suddenly appeared , can suddenly gone without any meaningful purposes. Maybe just as internal fund for later repayment or profit-taking to certain people
JOHOR BAHRU (Sept 22): The Sultan of Johor has expressed his readiness to fulfil his national duties for the country and people.
Sultan Ibrahim Almarhum Sultan Iskandar, next in line to be the Yang di-Pertuan Agong, conveyed his willingness to shoulder the responsibility.
“It is not a promotion. It is a responsibility I am prepared to undertake on behalf of my brother Rulers,” he explained during an exclusive interview with a Bernama team led by its chairman Datuk Seri Wong Chun Wai at His Majesty's private residence, here, recently.
To ensure all stakeholders being fairly treated , 1) Link the directors/management remuneration (pay/bonues/dividend) to company performance 2) For those directors/management people holding more than 1 position in the group , cap the bonuses/dividends to maximum 2 companies within the group that profitable with ROI >5% , this is to make sure they have the desire to drive for higher ROI to qualify them for the yearly remuneration.
VT forced to abandon bjcorp, with his influence and bad goodwill, integration, trust declined, bring the conglomerate empire endangered. His now shift the role to bjasset replace bjcorp. He still trying to gain back bjland since the treasure, bjtoto still there.
All the girls like him All the boys like him As Humpty Dumpty sat on a wall, Humpty Dumpty had a great fall; Even the sultan's girl and all the sultan's men Couldn't put Humpty together again Moral of the story ☺️ Take profit while you can Cut loss if you can't 25 sens coming!
Lol... Bro, Uncle Tan already laughing to the bank while the rest is left holding hot potatoes. Hope Kossan's Boss can extract his pound of flesh from BJCorp soon?
@Eddysurge
By selling bjland share which is bought high and long investment, already create foolishness to bjcorp management.
sailang_now, you only have to see VT stakeholding direct deemed continue drop enough, and who's bought. For bjland , if price stagnant at 28 to 30cents and who's buying enough! VT or bjasset Chryseis .They want inside treasure.
Limit CEO/VT/management yearly remuneration to 1 company only even if they hold multiple position in the group , only able to have bonuses if the group having ROI more than 5% n pay dividends to all shareholders !!
@sailang_now VT's team forced to sell BJland by 30Sept to meet Bursa requirements. U r lucky if u can get it at 0.2X or 0.3X at this moment. Likely future YTL
My ideas for bjland is market share price of bjland should be the same pace to bjcorp market price. If you want to reflect the value of both, you should merge. Then, revaluate the assets and restructure like Batikman purpose. Then market price can up. VT selling bjcorp, reverse and against the will of shareholders and wanted bjland release, so that can control bjland via bjasset with low prices. Hurt both the minority shareholders benefits.
If no pressure, they wanted to keep that ways. So that, money from salary and remuneration,side project, bonuses multiple income continue whereby non for minorities.
err... VT kept selling shares through direct business transaction for a while and all of a sudden buying back through direct business transaction again???
Uncle's Tan is preparing alotment of inheritance, especially share allocation to his family members, partnership etc.. As the Premier merchandise sdn bhd is of them. @ gangnam bro, you know who's the beneficial of premier merchandise boss?
Lol... Bro, Uncle Tan owns 96% of Premier merchandise under Bjretail. Robin's out of favour & Morvin's gallivanting in Europe? Could you be one of the beneficiary?
@simom2020, Uncle Whiner suggest officially ask batikman to be minority shareholders representative at BOD to carry out ocbc suggestion. Using easy and viable channel for minorities empowerment at certain issue .
@Eddysurge , You are right , batikman can be another option to represent minority shareholders to drive it thru. If No ROI >5% and dividends to all stakeholders, no bonuses to CEO/management/VT. No one able to draw more than 1 salary in the group even hold multiple position in the group to ensure they still have drive to have ROI > 5% and give dividends to all stakeholders !! All the minority shareholders will spend some of these monies to BJ's hotels , holiday resorts, properties , foods like Tesla's minorities does that further propel the company performances. WIN-WIN !
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....
skynet2000
137 posts
Posted by skynet2000 > 2023-09-13 13:15 | Report Abuse
Let assume that it is not Bukit Tagar Landfill, as (1) this deal was on July-23, (2) It's value is RM700mil, not RM400mil.
If it is additional RM612 "assets held for sale" beside Bukit Tagar, in 6 months, cash inflow could be 612+700=1,312mil.
Very huge amount to par down debts.