misai already 70+ , u think he not headache ? He better restructure fast to ensure consistant dividents from his group to make sure his wealth can last for >3 generations. So benchmark from YTL to establish like BJREIT is the way to go..... he needs to have good name before he bye bye to ensure he can go heaven or else ..
Ahhhaaa, there you go !!! Robert Kouk is really taking care of their so call "valuable" investors. Thus, we celebrated his 100 years birthday. For old BJland investors that lost most of their $$ and become B40, they only can wait and make sure they live longer than those who bullied them while pray for justice. .......hehehe...................
@miniminer I think most of those old BJLand investors already left long ago or maybe dead? Only left day traders who's waiting for VT to dump? Good entry point is 20 sens & below as you may never know what other impairment loss VT might spring on you? A good example is the recent 99 million impairment loss from sale of GMOC. I believe the arbitration award is about 600 million? If it is not recoverable since the Guarantor for GMOC already declared bankrupt, there's another 500 million impairment loss hiding in plain sight?
miniminer
Ahhhaaa, there you go !!! Robert Kouk is really taking care of their so call "valuable" investors. Thus, we celebrated his 100 years birthday. For old BJland investors that lost most of their $$ and become B40, they only can wait and make sure they live longer than those who bullied them while pray for justice. .......hehehe...................
Also BJLand has a high Debt to Equity ratio of 59.3%, where current Debts about 3.55B vs Equity of 5.98B? With depreciation of RM to RM4.71 to USD1, how much more interest BJland will have to pay for its Debts? #Debt Level: BJLAND's net debt to equity ratio (42.9%) is considered high. #Reducing Debt: BJLAND's debt to equity ratio has increased from 51.5% to 59.3% over the past 5 years. #Debt Coverage: BJLAND's debt is not well covered by operating cash flow (12.4%).
@simon2020, this bjland full of uncertainty. Can i know, as bjland old investors, whats should they do? I only hope they bjland can merge with bjcorp, then follow by reevaluate and restructure? Whats your?
After deadlines of minimum spread issue, they want to keep listing for continue funding. But no catalyst and lousy one only appeared time to time.Kepala otak bapa kau! I retrieved the sentence back after i sound out. Sorry!
@Eddysurge as an insider & someone close to VT, please advise him to implement Batikman's Reorganization & Restructuring Plan, after having paid so much for his services at Berjaya, it's a waste if just thrown down the drain. If it's still business as usual with no support from local & foreign institutions, VT can only expect gamblers who will only hit & run. Just my 2 cents. Very sure @Sslee will also agrees?
Eddysurge
@simon2020, this bjland full of uncertainty. Can i know, as bjland old investors, whats should they do? I only hope they bjland can merge with bjcorp, then follow by reevaluate and restructure? Whats your?
When VT pumps! Remember to take profit Otherwise don't cry Please VT release me, let me go For I don't love you anymore To waste our lives would be a sin Release me and let me love again I have found a new love, VT And I will always want her near Her lips are warm while yours are cold Release me, darling, let me go For I don't love you anymore (To waste my life would be a sin) So release me and let me love again Please release me, can't you see You'd be a fool to cling to me To live our lives would bring us pain So release me and let me love again (Let me love, let me go)
Come-on VT, one shot up 37.5 cents to show confidence and let's the old holder 's release from prison. Then, push up to 50 cents by trader and alliance bulldog etc..
Many investors been prison for few years without dividend. Many stock already gain round and round. Only you sink pitily. Project roll on, but 170m share 's also released. 10 cents lah for this 170m released cost. That old uncle unties released lah?
Since yours scheme long ago sweating minority investors . With new so called catalyst, If the so called new catalyst no met the share market price, can you accept? Or assets rich but only 27 cents, can investors agreed?
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 !! This is the only way to sweating the VT/CEO++
All minority shareholders must go AGM to demand for this or joint minority shareholders association to ensure these company top management work hard to have divided issues so to benefits themself too. No more bonuses to VT/CEO/CFO if no dividends issued beat bank FD rate.
KUALA LUMPUR: Malaysia’s largest renewable energy power plant at Bukit Tagar Enviro Park (BTEP), Hulu Selangor, Selangor with a capacity of 12 megawatts (MW) has commenced operations.
The Waste to Energy (WtE) plant is one of the methods for treating solid waste while generating new renewable energy.
BTEP can convert methane gas from solid waste at the landfill into renewable energy, channelling approximately 339 million kilowatt-hours (kWh) of electricity to the national grid.
Minister of Local Government Development Nga Kor Ming said BTEP is the largest power generation plant from landfill gas in Malaysia.
"This energy production can reduce 2.7 million tonnes of carbon under the Clean Development Mechanism, equivalent to planting 43.6 million trees over ten years, reducing the consumption of 296 million litres of petrol and reducing 570,000 driven vehicles in a year,” he said in a statement in conjunction with his visit to BTEP to officiate the power plant today.
BTEP is an initiative by the Ministry of Local Government Development (KPKT) through the National Solid Waste Management Department (JPSPN) and Berjaya Enviro Parks Sdn Bhd (BEPSB) to ensure a more sustainable solid waste management system in Malaysia.
Nga said the initiative is in line with the country’s goal of achieving 40 per cent renewable energy contribution to national power generation by 2035, of which solid waste is one of the contributors to the goal through WtE technology.
Besides all directors fee, the 6. Authority to Issue and Allot Shares pursuant to Sections 75 and 76 of the Companies Act 2016 Resolution 10 is proposed for the purpose of granting a renewed general mandate (“General Mandate”) and empowering the Directors of the Company, pursuant to Sections 75 and 76 of the Companies Act 2016, to issue and allot new shares in the Company from time to time at such price provided that the aggregate number of shares issued pursuant to the General Mandate does not exceed 10% of the total number of issued shares of the Company for the time being. The General Mandate, unless revoked or varied by the Company in general meeting, will expire at the conclusion of the next Annual General Meeting of the Company. Resolution 10, if passed, will exclude shareholder’s pre-emptive right to be offered such new shares and/or convertible securities to be issued by the Company pursuant to the resolution. As at the date of this Notice, no new shares in the Company were issued pursuant to the mandate granted to the Directors at the Thirty-Second Annual General Meeting held on 13 December 2022 and which will lapse at the conclusion of the Thirty-Third Annual General Meeting. The General Mandate will provide flexibility to the Company for any possible fund raising activities, including but not limited to further placing of shares, for purpose of funding current and/or future investment/project(s), working capital and/or acquisitions or issuance of shares for such other application(s) as the Directors may deem fit and in the best interest of the Company. This resolution will terminate the right of minorities. What's absurb when the minimum spreading issues is rising due to downperforming bussinesses and no payout dividend to shareholders for many years.
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 > 2023-10-06 12:55 | Report Abuse
Already shown this bjland rich assets but no cash fund.