lmsengBut the same questions remained, repeat & repeat again: 1) why investors don't look at this counter, 2) why is it trading at this all time low price and still did not get any serious bargain hunters, 3) are real investors really shun this counter simply because of the meager dividend, 4) why is the Management not taking any action to promote the share and aren't they embarrassed looking at the price, 5) why is there no share buy back as the price is really too cheap compared to all the parameters, 6) why is there no analyst coverage on this counter at all..... Why and why and why and why!!!???
lmsengMost of the people in this forum are angry, frustrated, condemning the founder & the management. Does anyone here know the answers to the above for sure?
myviewFirst of all my apology to Didiboy as it was not meant to be personal attack. Gray, if I was always right in making investment decision, I wouldn't be investing in this stock 3 to 4 years ago. I am not saying this stock price will remain at this level. It may go up tomorrow because of the Vietnam project. Or it may continue to drift. I will be the happiest person if it suddenly shoots up. Imseng has many good questions why the price is so low at PER 2.0. The 2015 profit 850 m, EPS 18sen, NAV 1.60, Many more good factors. But the price is dirt cheap and yet nobody wants. I was one of those that brought this up in the AGM. For share price to reflect on the value of tge company the following must be there: 1. Profit and good financials 2. Returns of investment - dividend policy 3. Future of the company. On going and future projects. 4. Do not lose shareholders money. BJcorp failed badly here.
The shareholders of Bjcorp are the most neglected investors. Even the dividends received by Bjcorp from its subs and associates Bjtoto, bjauto, bjfood etc were never past down to its shareholders. Shareholders of those subsidiaries received their dividends except Bjcorp's shareholders. See what I mean?
I noticed Bjcorp invested more in Bjland when the latter announced making losses later. Bjcorp shareholders are the sor Chai. They are the most neglected ones.
In 2015, making 850m profit, giving only 1sen dividend. When can we get 5 sen dividend? Making 5 bn profit?
Giving peanut dividends and share price keep falling, who want to invest in Bjcorp? Only you and I. The traders or punters are doing better using range play for this stock.
Well I also hope this stock will go up one day. Wait lah. Didiboy, I hate to see investors buying this stock and get stuck like me. No sacarsism meant. Good luck to us.
myviewBTW anyone here attended the recent AGM? They said the reason for the low price is also because BJcorp was not Syariah compliant meaning Epf, kwap, pnb cannot invest here. I said not true. Bjtoto is also not Syariah compliant and the share price is so much better than Bjcorp. Because they gave out dividend quarterly.
klkkTqvm to Myview for the analysis & invaluable info.
lmseng万事俱备， 只欠东风。 Just have to exercise patience and wait. What gone up must come down and what gone down must come up. Bj Corp has gone down and so should come up soon. Cheers!
myviewImseng, that was what I was thinking before I jumped into buying this stock. What gone down must come up. Now is 4 years later and it has drifted much lower.
wong821205Value investment and yet get trapped. This is legend in Malaysia. We are jumping into a big black hole....
DidiboyMyview, no problem bro. Gd point of view and analysis. Cheers