Berjaya – got or not?? buy or don’t buy??

We have indeed reached political cross-roads.

Back in the days… the actors and directors follow the script:

1. Funding of “the Perak buy back”
2. A “return of favour”  deal done, behind closed doors.
   
3. Warning to all the goods friends… get ready.
4. Announcement (Stock price boost… sell! Profits round#1) [Berjaya stock gained 10 sen on 12May2010]
5. Public outcry and “bad news” (Stock price drop…. who lose money? the lemmings-like public) [Berjaya stock dropped 30 sen since]
6. Government clarification + Throw in a charity announcement… all good.
7. Stock price fly sky high (profits profits!!) {Berjaya stock price should reach RM2.00 mark with the Sports Betting license]
8. All (well, those in the know) happy… BN also get a boost to their political war chest.
9. In the long run, BN will have another nice source of “funding”…

Nowadays… aiyo… headache lah… cannot go beyond step (5).

• A PM who seems to have his balls tied and pulled in different directions and not enough of it to make a firm quick, decision.
• His debts to the Dr M/Vincent Tan circle  tucking at the strings nice and firm + they have “pictures”.
• The “funding” from it would be nice too.
• A youth chief trying to say and do the right thing.
• A deputy seems to wait to stab him on his back.
• Party members and political partners not backing him up.
• Opposition politicians harvesting big time on political mileage on it.
  
• An awaken public whom the old ways can no longer fool them.

Seems like game over, no? But events in the past few days do give hope to the original “story”..

• June 11 (day) – Jibby puts a gag on all his people regarding speaking publicly about this. (well Khairy didn’t follow orders... brave boy or put on the spot and couldn’t resist the limelight?)
• June 11 (night) -at Berjaya Times Square, Selangor Turf Club Dinner.. the 2 “VVIP Guests” were talking all night.
• June 12 – Berjaya hits back and puts pressure back on the government! (pulling the string a little harder now)
• June 14 – Dr M’s thumbs up for the sports betting at Gertak.

A couple of more things not spoken widely about but may be related:

• “Sports Betting” is not just Football betting – Horse Racing, Greyhound racing, Boxing, Motorsports etc… who knows what else CAN be included.
• It is known that Vincent Tan also has the “rights” to  horse racing off-site betting premises.
• There is a need of business to revive  MiTV (U Television), which up til now has been a dead fish. What better way than sports betting as a content??? It also owns U-Mobile and the MiTV protocol is also internet enabled. Perfect!

So, Tan Sri … what’s cooking,  man? Have you and Dr M lost the touch and let these young cikus defy you like they do not owe you anything? or should we brace ourselves to buy a few Berjaya shares and wait for the payday to come, just like old times?

delCapo thinks this is more exciting than Argentina winning the World Cup.

Yes. I love to be proven wrong =]