VT is just wasting time.as to acquire another 5 % from open market is not possible as a lot of die hard investors are holding for G.O. 22/07/2020 9:54 AM
This revaluation RM 1 concept can't be used as a indication by minority will . Please forget about it. The minority can only hope that if bussinesses wanted to continue, the prospect of profits and tokens of dividends should be considered whatever short , medium, long term business to be carried out. Otherwise, just privatised it.
in this current pandemic situation, Tan Sri is responsible to ensure the survival of the company instead of pleasing minority shareholders by franking dividend
The issue here is no about one cents dividend. Monthly , you expect the salary. A single whatever term project, a cent dividend also can't given out, ini kira mahu mampus.
2 more months to comply with public shareholding, fox can choose not to do anything and allow bursa to delist this bjland. By the time the delisting announcement is out everyone will panic sell then he can collect more at 10sen.
shortinvestor77, i think you also know that this counter trapped many poor retiree aunties uncles who trusted the wrong guy... when they see their retirement money will be trapped in a delisted company, they will sell....
Lol ..Bro if those poor retirees aunties & uncles invested more than 10 years ago...they may be already mostly dead & long gone as more than 70 years old? Anyway Uncle Tan & BJCorp's 85% average holding cost for BJLand around 60 sens? Guess owenership mostly in name only as mostly charged to banks? for loans & debts to finance projects? They can't afford the margin calls if really delisted especially BJCorp no?
Bro, you still aware that's how cold blooded uncle Tan was . Aunties & uncles investment from how many uncountable thousands ringgit and times being compared average investment by stakeholders. In between no good in management and continuing awarded with tokens that doing bad jobs.
Eric Lim in this current pandemic situation, Tan Sri is responsible to ensure the survival of the company instead of pleasing minority shareholders by franking dividend
Kahhoeng, yes, indeed too much shit about this company!
The despcible thing is that when they received money from investments, they didn't distribute to minor shareholders who trusted them and got their retirement money trapped in this company!!
Instead, Berjaya Land used that money to buy Berjaya Food and 7-11... After that, they told us "Sorry, due to covid-19, we need to re-consider dividend distribution"
Berjaya Land is a PROPERTY company, why made investment in Berjaya Food and 7-11??? For own benefit at the expense of minor shareholders???
Monthly, you expect salary. A project carried out if took 3yrs, at least 3 cents or accord. sum of investment took. Borrowing bank also pay interest according the sum & periods. Investors investment expect dividend, what's wrong ? Now the capital also downgraded, what's wrong?
I wish we the minor shareholders could make the price drop by badmouthing the company. If we were able to do so, we would praise the company to push it to RM2.50
As I mentioned earlier, this bjland is whether privatisation or delisted. A pants many wear, no only two. A mega projects after few years exausted, banker, major family shareholders and maybe operator sapu all. Capital raised from IPO became fixed assets to bait another naïve newbies. RM 2.50 only can dream since they expecting naive newbies will push for them with poorest skills managing the company.
Chea......suruh Putera kiss itu Sleeping beauty(BJland), dia suruh saya pergi kiss jiran Cinderella (SEM), kan waktu MCO saya pergi rumah Cinderella tiap-tiap hari, beli 500% lebih barang lebih dari biasa. Kononya.....Cinderella pun sudah banyak kaya Q ini.............hehehe...............
No Date of change No of securities Type of Transaction Nature of Interest 1 22 Jul 2020 1,601,100 Acquired Deemed Interest Name of registered holder Redtone International Berhad
2 23 Jul 2020 379,300 Acquired Deemed Interest Name of registered holder Redtone International Berhad
Circumstances by reason of which change has occurred Deemed interested by virtue of its deemed interest in Redtone International Berhad - Acquisitions of shares in open market Nature of interest Deemed Interest Direct (units) 223,700,000 Direct (%) 4.546 Indirect/deemed interest (units) 3,662,355,396 Indirect/deemed interest (%) 74.431 Total no of securities after change 3,886,055,396
Lol...could be also like an RTO like Ancomlb? involving partners below...anyway RM650 million from GMOC Arbitration maybe received already and another cash payment of RM600 million from Jeju Korea in August?
SDF2000 Relook at potential business / good news that I could think that could happen in BJC 1. Redtone / U-Mobile partner with foreign company for 5G 2. Recycle Waste to Energy 3. Fintec / Digital Banking 4. Pharmacy business expansion 5. Partner with technology company for SMART / IR4.0 solution 6. Automotive industry - EV 7. Ansa Broadcast related? 8. Tioman airport?
@Leong, you made money from the sudden surge up? I cant get 0.165 the other day otherwise I should have made some money yesterday. I think quite a few kena trapped 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....
Eddysurge
2,057 posts
Posted by Eddysurge > 2020-07-21 13:38 | Report Abuse
Bjmedia deceased when slowly, slowly used up all the assets.