Monday, January 28, 2008

More interesting Stuff at Berjaya Land

Previously blogged: Berjaya Land Is A Growth Story? and What's to happen to Berjaya Land's Growth Story?

Well, with the announcement that Berjaya Land had aborted one of their Vietnam projects (in Nhon Trach district), this should have put a huge damper in Berjaya Land's so-called growth story.

Which gave it a huge possibility that the stock could be hit pretty bad this morning (Stock open down 30 set at 5.50), however, I then noticed two articles published on the Star Business.

Major projects set to push BLand ahead
Group has projects worth RM60bil in Asia-Pacific

I am amazed. Despite this setback in Vietnam, the company came out strongly defending the company's growth potential.

So how?