Guan Eng may visit China again to attract investments KUALA LUMPUR (Jul 15): Finance Minister Lim Guan Eng said he may pay another visit to China, potentially Shenzhen again, to attract more investment into Malaysia. Lim said although the US is the largest foreign investor in Malaysia and is expected to continue to increase, but the potential of China’s capital is increasing. “China has its advantage, and the US has its advantage. These two countries are among the best in terms of foreign investment, and they are both very important,” he told local Chinese media Kwong Wah Daily in an interview last Saturday. Lim said if he visits China again next month, his focus will be on investment, so one of the destinations would likely be Shenzhen, to attract high-tech, high-value Chinese major manufacturers to invest in Malaysia. Lim also said after his first official visit to China earlier this month, both countries' governments are discussing the possibility of establishing an interactive channel for the stock exchanges of both countries. Lim said he would discuss this further with Chinese authorities if his next visit to the country materialise. "I hope we can yield some results in the near future," he said. Lim said in addition to investment and business, both countries also hope to strengthen securities and stock exchanges areas. After a visit to the Shenzhen Stock Exchange, Lim said they are studying whether it is possible to create a new platform that makes both capital and stock markets more competitive, and gain more access to financing. Lim said this would require further works to be done, including formulation of the technological process and financing mechanism. Lim hopes that after visiting China, he could accelerate the materialisation of this objective. On the matter of potential raising of Panda bonds from banks in China, Lim said the Malaysian government is still considering it, as the government thinks that it deserves a lower interest rate. Meanwhile, Lim said after visiting Huawei’s operation in Shenzhen and meeting its management, the technology giant pledged to strengthen its investment in Malaysia. Lim also said representatives from Huawei will organise a visit to Malaysia as well, and he is scheduled to meet them to discuss more on the company’s potential implementation of 5G technology in Malaysia. "They will come in a week or two. When I am in Penang, I will discuss with them," he said.
1. BJLand land owns 40% of BJTOTO which translate into 26 cents pwr share.
2. BJLand has RM800 mil cash which is equivalent to 16 cents per share.
3. BJLand divested their investment stake in Vietnam and the profit will be reflected in the next earning report which will be released before 31 August. Last quarter, it has reported good profit, so in 2 weeks' time, we should expect another good result.
4. Four Seasons Kyoto deal may be done soon. Olympic Games 2020 in Japan, a lot of investors are upbeat about good quality assets in Japan.
5. Othe legal proceedings in China, Jeju, Selangor, BJLand is expecting to get huge amount of compensation.
6. Big boss has said he plans to priviatise BJLand. His recent actions are very clear.
7. What are you waiting for? When it ilwas 0.16 nobody wanted... Now it's 21 cents, you may think it's expensive already! When it touches RM0.38 (price big boss paid to Penta), you will be regretting!!
The excuse or goal for the uptrend is the only: delisting or privatisation. No doubt. The volume is considered profits taking or else. Pls uplah 15cents more if you're the above goal.
Since u all keep harping on the debt...just look at BJLand's capital structure below: https://ibb.co/2FrpbbF Total debt to total equity: 69.66% Total debt to total capital: 41.06% Total debts to total assets: 23.53% Interest coverage: 2.37%
"The interest coverage ratio (ICR) is a measure of a company's ability to meet its interest payments. Interest coverage ratio is equal to earnings before interest and taxes (EBIT) for a time period, often one year, divided by interest expenses for the same time period."
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....
fosther
161 posts
Posted by fosther > 2019-08-14 10:58 | Report Abuse
Guan Eng may visit China again to attract investments
KUALA LUMPUR (Jul 15): Finance Minister Lim Guan Eng said he may pay another visit to China, potentially Shenzhen again, to attract more investment into Malaysia.
Lim said although the US is the largest foreign investor in Malaysia and is expected to continue to increase, but the potential of China’s capital is increasing.
“China has its advantage, and the US has its advantage. These two countries are among the best in terms of foreign investment, and they are both very important,” he told local Chinese media Kwong Wah Daily in an interview last Saturday.
Lim said if he visits China again next month, his focus will be on investment, so one of the destinations would likely be Shenzhen, to attract high-tech, high-value Chinese major manufacturers to invest in Malaysia.
Lim also said after his first official visit to China earlier this month, both countries' governments are discussing the possibility of establishing an interactive channel for the stock exchanges of both countries.
Lim said he would discuss this further with Chinese authorities if his next visit to the country materialise.
"I hope we can yield some results in the near future," he said.
Lim said in addition to investment and business, both countries also hope to strengthen securities and stock exchanges areas.
After a visit to the Shenzhen Stock Exchange, Lim said they are studying whether it is possible to create a new platform that makes both capital and stock markets more competitive, and gain more access to financing.
Lim said this would require further works to be done, including formulation of the technological process and financing mechanism.
Lim hopes that after visiting China, he could accelerate the materialisation of this objective.
On the matter of potential raising of Panda bonds from banks in China, Lim said the Malaysian government is still considering it, as the government thinks that it deserves a lower interest rate.
Meanwhile, Lim said after visiting Huawei’s operation in Shenzhen and meeting its management, the technology giant pledged to strengthen its investment in Malaysia.
Lim also said representatives from Huawei will organise a visit to Malaysia as well, and he is scheduled to meet them to discuss more on the company’s potential implementation of 5G technology in Malaysia.
"They will come in a week or two. When I am in Penang, I will discuss with them," he said.