Chong Hua RongI had add some bjcorp due i look good on the prospect of lottery business at Vietnam. Here is my assumption, i might be wrong. Bjtoto market capital reach RM4 billion, it able to survice in competitive lottery in malaysia to share the market of 12 million people(60% of 30million citizens unable to buy lottery) with the other two big name: Kuda and Magnum. Vietnam got 90 million people (100% citizens can buy lottery) and it is only computerised (now people lazy tend to go to quee at shop to buy lottery ). Bjcorp stake in Vietlot should be worth RM12.24 billion (0.51x0.8 (stake at vietlot) x 90 /12 x 4 billion) in the future.
pang123This share really an interesting stock. It has been on the downtrend for so many yrs from RM1.50. Their business are so diversify. I guess their main issue is that every year they need to pay back huge amount of loan interest. Whether they can generate enough profit to cover the interest, that would remain a concern for investor especially in economy slowdown. Having potential asset like bukit tinggi will not affect the share price now. Increase in the value of properties in bukit tinggi will mean nothing if they unlock the value in it. BJ did well in construction for previous few quarter. Again, economy is slowing down, would property biz able to sustain? I doubt that. So it will all down to their lottery biz now. Will need to see the performance in next or so quarterly report on the performance. If they can make a huge jump in their profit, we may see the raise of BJ again.
stockraiderRaider can say one thing....2017 is the year break thru for bjcorp loh.....!!
flyingkitecheck out how many issue shares when it was rm1 n how many now..
ngblg123This year expected 4mil tourists from China, big increase from last year 2.7 mil. BJC have many hotels n Resorts which will benefit from it. (pls correct me if i'm wrong).
pang123@flyingkite is true that BJ has issued a lot more shares compared to last time. But is also fact that their biz have grown as well. Main issue whether they can manage the debts on better lvl. Whether they can have higher margin biz. Whether they can get higher profit. How much is the profit from the lottery biz in vietnam remain a question. Wait till they have the 1st quarter report then you will see where does BJ stand.
soon9913BJC is selling its overseas assets to reduce its debts..
noahif you look closely, every segment of BCorp is already generating profits. just that the high borrowings resulting an extreme amount of interest (~RM200m per quarter) is eating away a huge chunk of profits. Or else BCorp would be a wonderful company!
roundcateyeIt would be wonderful if the stock can break and stay above 0.40 before CNY, but again small fishes will not have any impact.
TanChinkuHolding well at this level .36 ,add up b4 CNY.
John Lucalvin holland call after 3 years! Posted by anbz2 at Jan 18, 2017 11:26 PM | Report Abuse Posted by calvintaneng > Oct 21, 2013 05:50 PM | Report Abuse Never mind anbz - PM Corp will move up all the WAY!
First Target to cross 30 cents, next target 50 cents, next 80 cents, after that RM1.00.
And then RM1.50 Is The Target Price!
Over A Long Term - The Target Price will be RM10.00
Posted by calvintaneng > Oct 21, 2013 07:24 PM | Report Abuse anbz that RM10.00 will be yet future. Set your sight on these possible targets first:
30 cents (anytime now)
next 50 cents
then 80 cents
after that RM1.00
And the Summit of Expectation is RM1.50 For PM Corp which is Very Possible.
ryan7642Watch out WC seem like 0.065 going to finished either is now or very hard to get for next wk I guess^^ happy investing n gong Xi fa cai:)
skyrocketHaha..WC top 2 active due to ppl sold at 0.060.
skyrocketPpl bought at 0.06 q sell at 0.065, looking for ~ 7% return
ryan7642Yo wat a luck manage graphics some more at 0.06 tqtq big fish <3
soon9913Vietnam governmt is the major shareholder of Vietlott and eventually will be the owner. Vietlott not only contribute taxes to the government and will be distributing div as well in the future while others operators are not.
iQBE189go .37........................than go 3.777777777777777777777777777777
ryan7642wow wide open again for WC @ 0.06 heheheh luckily bought some more <3 i think shd be enuf d tqtq big fish again who play T3;)