Note A8: (xvi) On 5 March 2024, the Company announced that all the conditions precedent as set out in the share sale agreement ("SSA") of the proposed disposal of the entire 100% stake in Berjaya Enviro Holdings Sdn Bhd have been fulfilled on 27 February 2024, and thus, the disposal is deemed to be completed.
so, BCorp now 1. awaits compensation amount ruling on BCity (BCorp and BLand) 2. payment from China property deal (BLand) 3. hotel projects (Okinawa-BLand Okohama-BCorp) 4. klang valley river project (BLand) 5. possibility of a HSR project (BLand) 6. Greenland property/hotel project? (BLand?) 7. Vietnam disposal? (BLand?)
Bought a few, nasi lemak bid, wonder why price not going up despite good Q result of > 10 cents, hope by Q4 got dividend ......hehehe......................
QR earnings from investment disposals, its one off and not from operating businesses, surely not getting the same treatment. Unless similar disposals for a few years?
Gee...... more cash, pay less interest, lesser liability, better opportunity of new investment like privatize BJland or BJfood, more than 10 cents cash is about 33% of currently 30 cents price, that means a lot. ...........hehehe....................
For this Qtr-3 results, beside gain from disposal of Berjaya Enviro and re-measurement gain of SIAM Holding listing at SIG. There was excellence sales revenue from higher sales of overseas residence units, of RM403 mil, with PBT of RM230 mil.
BjCorp present debts stand at RM6 bil, which BjLand debts was RM 3.7 bil. After pare down debts of RM550 mil, become RM5.45 bil, minus RM 3.7 bil (by BjLand) and RM300 mil, BjCorp own debt is only stand at RM1.45 bil.
In fact this Q3 result, the best news is about excellence sales revenue from higher sales of overseas residence units, of RM403 mil, with PBT of RM230 mil.
This is operation revenue and profit, however, it may not recurring also.
Assume it only is from Les OE Residence, Hebei Province.
Another MOU signed but counter moves a few cents before falling back. I hope it gains some traction. I hear possibility of participation in the IT sector. VT does everything under the sun!
Buy buy . Posiuive courts decision on closure of many premises of toto,magnum,kuda in opposition state ,, Court ruled out that closure of gambling premises.. unconstitutional.. lai lai lai.. rm 1 soon
U Mobile IPO end of July? A Malaysian telecommunications firm controlled by billionaire T Ananda Krishnan, is considering buying out U Mobile Sdn Bhd to help it expand in the Asian country, according to people with knowledge of the matter. .................. “We are rejecting Maxis' offer,” Tan wrote in response to a query from Bloomberg. “We are submitting for an IPO at the end of this month.” https://theedgemalaysia.com/node/719209
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 > 2024-06-03 14:05 | Report Abuse
Without this impairment losses, PAT could be RM800million.