Stock: [FGV]: FELDA GLOBAL VENTURES HOLDINGS BHD

Jun 6, 2017 12:09 PM | Report Abuse

Is it suspended now ?

Stock: [BCB]: BCB BHD

May 30, 2017 8:18 PM | Report Abuse

Total units at Concerto is 440. That means sales of 72%, not good but not too bad.

kcgoh1234, if you are an owner, get some like minded owners elected to the JMC. Review the maintenance fees and expenses and question whether the increase is justify. Check whether service companies such as security, landscape, pool maintenance etc are hired based on tender basis. Question all.

Stock: [BCB]: BCB BHD

May 26, 2017 8:37 AM | Report Abuse

In addition, based on progress report, billings for Elysia Park Residence, Medini will only kick in during 1st quarter FY 2018

Stock: [BCB]: BCB BHD

May 26, 2017 8:32 AM | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5438949

Revenue and earnings dropped due to completion of Concerto and Phase 1 of Home Tree. I think results for FY2017 is about this only as launching of Phase 2 Home Tree is coming soon.

Per report :

Phase 2 comprising 99 units of bungalows and 166 units of semi-Ds and Phase 5 comprising 23 units of 3 / 4 storey semi-D and bungalow shoplots are expected to
be launched soon. The Group is currently in the final stages of securing the necessary approvals from the relevant authorities before doing an official launch for both these two phases.
The Group is optimistic that these projects as well as existing ones will contribute positively to its earnings

Valueseeker BCB awards RM 207 million contract to Kerjaya Prospek - for 166 units of semi-Ds & 99 3 storey bungalows.

http://www.theedgemarkets.com/article/kerjaya-prospek-bags-rm20736m-contract
11/05/2017 20:29

Stock: [TDM]: TDM BHD

May 16, 2017 7:34 PM | Report Abuse

Taken out from MSCI Global Small Cap Index. Latest rebalancing report dated 15 May.

Blog: Investing lesson from Focus Lumber - Ricky Yeo

May 16, 2017 7:31 PM | Report Abuse

Great to share your thoughts, good lesson for everybody.

Stock: [BCB]: BCB BHD

May 11, 2017 8:29 PM | Report Abuse

BCB awards RM 207 million contract to Kerjaya Prospek - for 166 units of semi-Ds & 99 3 storey bungalows.

http://www.theedgemarkets.com/article/kerjaya-prospek-bags-rm20736m-contract

Stock: [BCB]: BCB BHD

Apr 3, 2017 10:55 AM | Report Abuse

Potentially more project :

Valueseeker : Extracted from iproperty.com magazine issue 133 March 2016

"What are BCB Berhad's future plans in Iskandar
Malaysia?

In Danga Bay, BCB is planning to develop a 90-acre
mixed development. Slated to be launched in 2018,
the waterfront project will comprise of 5-storey shop
lots, residential condominiums as well as a 5-star hotel
carrying an international brand."
23/03/2016 11:32

Stock: [BCB]: BCB BHD

Apr 2, 2017 10:44 AM | Report Abuse

Summary of estimated GDVs :

Versis Batu Pahat RM 600 million
BCB Land, Batu Pahat RM 360 million
Medini Iskandar 3/5 shop lots RM 400 million
Elysia Park Residence, Medin Iskandar RM 1.2 billion
Concerto RM 560 million
Home Tree, Kota Kemuning RM 1.8 billion
Bandar Putera Indah, Batu Pahat RM 1.1 billion
Total : RM 6.02 billion

Total of RM 6.02 billion should exclude sales for Concerto RM 440 million, Elysia RM 180 million and Home Tree RM 280 million ( all from FY 2016 AR ) but does not include GDVs for on going projects in Batu Pahat , example Evergreen Heights and other locations in Kluang, Seremban, Pontian and JB totalling about 250 acres where no GDV figures can be obtained.

Net RM 6.02 B less RM 440 m less RM 180 m less RM 280 m equals RM 5.12 B

Stock: [BCB]: BCB BHD

Apr 2, 2017 10:25 AM | Report Abuse

From FY 2016 Annual Report
Bandar Putera Indah, Batu Pahat

This 390 acre mixed development township is
located in the vicinity of Tongkang Pecah, about
11km north-east of Batu Pahat town centre. This
entire project will have a GDV of about RM1.1 billion.
The concept here emphasizes quality living set
amidst natural surroundings with architecturally
attractive designs and beautifully landscaped
terrain.

Since its maiden launching in 2011, the take-up
rate has been very encouraging with phase 1
encompassing 20 acres of land fully sold and
completed. In July 2012, phase 2 was launched and
again the take-up rate was encouraging.
To date over 1,000 units have been sold with a total
sales value of about RM260 million. We will be rolling
out more new phases soon. We are confident of
this township’s future contribution to the Group’s
earnings.

Stock: [BCB]: BCB BHD

Apr 2, 2017 10:02 AM | Report Abuse

FROM FY 2016 ANNUAL REPORT

ACRES / RM '000 / ACQUIRED/REVALUATION

BATU PAHAT

Lot 4207 Proposed residential & Freehold N/A 35 5,915 9/23/2003
Mukim of Simpang Kanan, commercial
District of Batu Pahat, Johor development

H.S.(D) 43069-43075 Being developed as Freehold N/A 370 110,948 9/28/2009*
P.T.D. No.18607-18613, Bandar Putera Indah
Mukim of Linau,
District of Batu Pahat, Johor

Lot 375 Proposed commercial Freehold N/A 9.9 32,710 4/28/2015
Jalan Bakau Condong development
Mukim Bandar Penggaram
District of Batu Pahat, Johor
PONTIAN, JOHOR

Lot 4681, Mukim of Pontian Being developed as Freehold N/A 12.30 18,824 11/17/1994
District of Pontian, Johor Taman Megah

JOHOR BAHRU, JOHOR

Lot 2896 Being developed as Freehold N/A 18.59 27,296 10/30/2008
Taman Pulai Utama Taman Pulai Utama
Mukim of Pulai
Distric of Johor Bahru, Johor

PTD 102771, 102772, 102775, 141053 4 units of Freehold 8 year 0.16 2,298 02/01/2009
Mukim of Pulai Shop Offices & 16/03/2009
Distric of Johor Bahru, Johor

Plot No. A45-1, A45-2, A45-3 Proposed residential Leasehold N/A 7.81 180,600 12/6/2013
A46-1, A46-2, A46-3, A46-4 development (expiring
Mukim Pulai, Daerah Johor Bahru, 14.02.2137)
Medini Zone A
Plot C1, HS(D) 537374 Proposed residential Leasehold N/A 22.01 58,527 10/1/2015
PTD 199638 & commercial (expiring
Mukim Pulai, Daerah Johor Bahru, development 14.02.2107)
Medini Zone C

SEREMBAN, NEGERI SEMBILAN

Lot 5527 Being developed as Freehold N/A 1.0 1,191 7/15/1994
Mukim of Rantau, Taman Seremban Jaya
District of Seremban,
Negeri Sembilan

KUALA LUMPUR
Lot 9933 (Geran 6497) Proposed residential Freehold N/A 0.4 5,797 2/4/2010
Lorong Awan Jawa development
Taman Yarl
Mukim Petaling
Distric of Kuala Lumpur

Lot 1844 & Lot 1845 Proposed residential Freehold N/A 5.03 101,553 3/10/2010
(HS (M) 12718 PT 25954) development
Mukim Batu Daerah Kuala Lumpur

Lot 73478 & Lot 73479 Proposed residential Leasehold N/A 151.27 187,732 3/11/2011
H.S.(D) 69603 & 69604) development (expiring
Mukim Klang, Selangor Darul Ehsan 18.04.2101)

Blog: ‘Warren Buffett’ of Asia bullish on Bursa (Star Bizweek)

Apr 2, 2017 9:58 AM | Report Abuse

Confluence of positive news on emerging markets including Malaysia this year.

Blog: IPO - Eco World International Berhad (EWINT)

Apr 1, 2017 10:58 PM | Report Abuse

This will impact on property stocks

Stock: [BCB]: BCB BHD

Apr 1, 2017 10:32 PM | Report Abuse

From FY 2016 Annual Report

LAND IN BATU PAHAT, JOHOR ACRES / RM '000 /ACQUIRED/REVALUATION

Lot 4091 Being developed as Freehold N/A 11.64 14,622 12/7/1994
Mukim of Simpang Kanan, Taman Bukit Perdana II
District of Batu Pahat, Johor

Lot 559, 2954-2959, 2656 & 2660 Being developed as Freehold N/A 18.54 7,698 12/7/1994
Taman Bukit
Perdana III
Lot 2664-2666 Being developed as Freehold N/A 21.04 5,213 6/27/1994
Mukim of Simpang Kanan, Taman Bukit
District of Batu Pahat, Johor Perdana II

Lot 3131 Proposed residential Freehold N/A 4.05 259 9/6/1994
Mukim of Simpang Kanan, development
District of Batu Pahat, Johor

Lot 8096 Proposed residential Freehold N/A 2 569 12/13/2006
Mukim of Sri Gading development
District of Batu Pahat, Johor

Lot 8097 Proposed residential Freehold N/A 2 575 12/13/2006
Mukim of Sri Gading development
District of Batu Pahat, Johor

Lot 708 Proposed residential Freehold N/A 3 870 12/13/2006
Mukim of Sri Gading development
District of Batu Pahat, Johor

Lot 4852 - 4861 (Master Title) Proposed residential Freehold N/A 2.18 4,392 12/2/1993
PTD 41078 - PTD 41089 (New Title) development
Mukim of Simpang Kanan,
District of Batu Pahat, Johor

H.S.(D) 23056-23076, Proposed residential Freehold N/A 72.11 9,487 5/27/2009*
23081-23087 & 23181 development
Mukim of Simpang Kanan,
District of Batu Pahat, Johor

Lot 5267 & 7918 Proposed residential & Freehold N/A 7.07 2,085 3/20/2001
Mukim of Simpang Kanan, commercial
District of Batu Pahat, Johor development

H.S.(D) 23287, 23308-23337, Being developed as Freehold N/A 113.5 72,275 2/6/2002*
23526-23540, 23551-23565, Evergreen Heights
23581-23596, 23371-23388,
23464-23474, 23485-23525,
23566-23580, 36168, 36169,
36165, 36166
Mukim of Simpang Kanan,
District of Batu Pahat, Johor

Stock: [BCB]: BCB BHD

Apr 1, 2017 10:29 PM | Report Abuse

From FY 2016 Annual Report

Land in Kluang, Johor Acres RM'000 Acquired/
Revaluation

Lot 6806 & 6808 Being developed as Freehold N/A 26.78 28,543 1/12/1996
Mukim of Kluang Taman Sri Kluang
District of Kluang, Johor

Lot 1574 Proposed residential & Freehold N/A 17.97 564 1/25/1991
Mukim of Kluang commercial
District of Kluang, Johor development

Lot 321 & Lot 440 Being developed as Freehold N/A 1.03 950 12/29/1999
Mukim of Kluang Taman Kluang Baru 2
District of Kluang, Johor

Stock: [BCB]: BCB BHD

Apr 1, 2017 10:07 PM | Report Abuse

FY 2016 Annual Report

Home Tree at Kota Kemuning, Shah Alam,
Selangor - GDV RM 1.8 billion over 5 years

A high-end gated and guarded community sited
on 151 acres of land located along the Klang
river and comprising about 200 units of highend
bungalows plus various other categories of
houses and commercial properties. This project is
located in Kota Kemuning and has a 3.5 km long
river frontage. It was officially launched on June
22, 2013.

This development is a joint venture between
BCB Berhad (holding a 70% stake) and Land
Shine Limited, an affiliate of a reputable property
developer in Xiamen, China. It will have a nature
theme as it is fronting 3.5km of the Klang River. It
will be designed to harmonize with nature and
have club houses, jogging tracks, an esplanade
and observation decks along the water front.
The whole development project will have a
GDV of about RM1.8 billion and is targeted for
completion in about 5 years time. Phase 1 has
a GDV of about RM300million. To-date, about
RM280million worth of properties in phase 1 has
been recorded.

Subsequent launches of other phases will take
place in the first half of year 2017.

Stock: [BCB]: BCB BHD

Apr 1, 2017 10:05 PM | Report Abuse

FY 2016 Annual Report - Concerto Mont Kiara - completed , Balance unsold RM 120 million

Concerto North Kiara, Kuala Lumpur
A 440 unit high-end condominium project sited on
5 acres of freehold land and comprising 3 tower
blocks and a club house. This project is located in
the vicinity of Mont’ Kiara, Kuala Lumpur and has
a GDV of about RM560.0 million. To date, about
RM440 million worth of sales has been recorded.

Stock: [BCB]: BCB BHD

Apr 1, 2017 10:03 PM | Report Abuse

FY 2016 Annual Report - Elysia Medini - GDV RM 1.2 billion over 5 years.

Elysia Park Residence, Medini, Iskandar Malaysia
This 7.81 acres high-end high-rise development is a
joint venture between BCB Berhad (holding a 60%
equity stake) and a developer from Hong Kong,
China called United Harvest Group Company
Limited.

This is a 129 years leasehold project consisting
of 6 tower blocks sitting on a 9 storey car park
podium. It has a GDV of about RM1.2 billion and
will be developed over 5 years. Phase 1 has 981
units sited in 3 tower blocks. There are eight types
of unit layouts to choose from and they come in
various designs and sizes ranging from 516 s.f. to
1,252 s.f.

This project is expected to generate considerable
interest from locals as well as foreigners simply
because Medini is a special economic zone;
whereby foreigners are exempted from the
buying and selling restrictions imposed elsewhere
in the country. Phase 1 was officially launched on
August 7, 2015.
Despite the “over-supply” fear syndrome for all
development projects within Iskandar Malaysia
and difficulties encountered by buyers in
securing bank loans, the Group was fortunate as
it managed to secure quite a number of foreign
buyers. To-date about RM180 million in sales has
been recorded.

Stock: [BCB]: BCB BHD

Apr 1, 2017 10:01 PM | Report Abuse

Please refer FY 2016 Annual Report and do some calculation of the psf of some of these land bought prior to Year 2000. No estimated GDVs are included for some of these land.

Stock: [BCB]: BCB BHD

Apr 1, 2017 9:40 PM | Report Abuse

Medini Iskandar - 175 units of 3/5 storey shop lots - estimated GDV of RM 400 million

Bursa announcement dated 1 October 2015


The Board of Directors of BCB Berhad (“BCB” or “the Company”) wishes to
announce that Absolute 88 Sdn Bhd (“Absolute 88” or “the Purchaser”), a whollyowned
subsidiary of the Company, had on 1 October 2015 entered into a Lease
Purchase Agreement (“Agreement”) with Metrogold Assets Sdn Bhd (“MASB” or “the
Vendor”) to acquire the rights of the lease of a freehold land in Medini Iskandar
Malaysia measuring approximately 22 acres (1,463,173 gross floor area (“GFA”) sf)
(“Plot”) for a total cash consideration of RM58,526,920.00 or RM40.00 per GFA sf
excluding Goods and Services Tax (“Acquisition”).

Based on preliminary plans, the proposed development shall consist of 175
units of 3/5 storey shoplots on the Plot with an estimated gross development
value of RM400 million. The Purchaser shall obtain all approvals required for
the development and construction works including all necessary development
orders or building permits and commence, carry out as diligently as
reasonably practicable and complete the construction works and development
in accordance with all approvals. Subject to the conditions precedent being
fulfilled, the development project is expected to commence in first quarter of
year 2016. The development project is expected to be developed over a span
of 4 years. It is too preliminary at this stage to ascertain the total development
cost and expected profits to be derived from the proposed development.

Stock: [BCB]: BCB BHD

Apr 1, 2017 9:37 PM | Report Abuse

Batu Pahat - 400 units of bungalows, semi-Ds & terrace houses - potential GDV 360 million over 4 years.

Bursa announcement dated 27 March 2017

The Board of Directors of BCB Berhad (“BCB” or “the Company”) wishes to announce
that BCB Land Sdn Bhd, a wholly-owned subsidiary of the Company (“BCB Land” or
“Purchaser”), had on 27 March 2017 entered into Sale and Purchase Agreements
(“SPA”) with Wellington Tan and Tan Seng Koon Shenton (jointly referred to as
“Vendors”) to acquire six (6) adjoining lots of freehold agricultural lands all in the
Mukim of Simpang Kanan, District of Batu Pahat, Johor measuring 2,035,341 Sq. Ft.
in aggregate for a total cash consideration of RM34,600,797.00 (“the Acquisition”).

The Land are strategically located along Jalan Tanjong Laboh, one of the gateways
to Batu Pahat town center. It is freehold and currently zoned as agriculture. It is
situated along the main road. The front portion of the Land is at road level with the
back portion undulating and going all the way up a hill. From the top of the hill, one
can get a panoramic view of Batu Pahat town.

Based on preliminary plans, the proposed development shall consist of about 400
units of various types of residential units (bungalows, semi-Ds, and terrace houses)
on the Lands with an estimated GDV of approximately RM360 million. The
development project is expected to commence in the fourth quarter of year 2017.
The development project is expected to be developed over a span of 4 years. It is
too preliminary at this stage to ascertain the total development cost and expected
profits to be derived from the proposed development.

Stock: [BCB]: BCB BHD

Apr 1, 2017 9:23 PM | Report Abuse

Let me attempt to summarise the potential GDVs based on the Annual Report, announcements to Bursa and press releases, over the next few days :

Here goes :

Versis Batu Pahat - press release The Edge Financial Daily | June 27, 2016 : 9:51 AM MYT

Aside from that, Tan also said the group will embark on the development of Versis@Batu Pahat, a 10-acre mixed development comprising 70 units of three- to five-storey shophouses and a commercial complex. The gross development value of the project is RM600 million.

“We have done the groundworks [for Versis] and the construction works should kick off by the third quarter,” he added.

Tan also said Batu Pahat is still seeing good growth as the local economy there has not been affected by the economic downturn so far.

“Batu Pahat is an industrial-based town and a vibrant secondary town. As the majority of the businesses there are export-oriented, they have benefited from the weaker ringgit,” he explained.

Stock: [BCB]: BCB BHD

Mar 28, 2017 8:37 AM | Report Abuse

From The Edge :

BCB Bhd is acquiring six adjoining plots of agriculture land, measuring a combined 18.91 hectares, in Batu Pahat, Johor, for RM34.6 million, on which it will develop a residential project with an estimated gross development value of RM360 million.

The property developer is buying the freehold plots from two Singaporeans, Wellington Tan and Shenton Tan Seng Koon, and 400 residential units comprising bungalows, semi-Ds and terrace houses will be built on the land.

The purchase will be funded via a combination of internal funds and borrowings.

"It is too preliminary at this stage to ascertain the total development cost and expected profits to be derived from the proposed development," said the group.

Stock: [BCB]: BCB BHD

Mar 27, 2017 7:24 PM | Report Abuse

Land banking in Batu Pahat, which has a HSR station and is the 2nd biggest town in Johor after JB.

46.7 acres / 2,035,341 sq ft for RM 17.00 psf . Total RM 34.6 million. Good move.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5376241

Stock: [IGB]: IGB CORPORATION BHD

Feb 24, 2017 11:01 AM | Report Abuse

Any chance of a upward revision in offer price ?

Stock: [AMPROP]: AMCORP PROPERTIES BHD

Feb 19, 2017 8:00 PM | Report Abuse

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=194558&name=EA_FR_ATTACHMENTS

Sharp drop in profit mainly due to no income from overseas ?

Stock: [FGV]: FELDA GLOBAL VENTURES HOLDINGS BHD

Feb 18, 2017 9:48 PM | Report Abuse

Changes in Sub. S-hldr's Int. (29B) - LEMBAGA TABUNG HAJI

Changes in Sub. S-hldr's Int. (29B) - KOPERASI PERMODALAN FELDA MALAYSIA
BERHAD

Changes in Sub. S-hldr's Int. (29B) - KUMPULAN WANG PERSARAAN (DIPERBADANKAN)

Selling & Buying ?? Different views or Different needs ?

Stock: [BCB]: BCB BHD

Feb 17, 2017 10:42 AM | Report Abuse

BCB preview launch of shop lots, bungalows and semi-Ds this week end at Kota Kemuning.

Stock: [RSENA]: RED SENA BHD

Feb 17, 2017 10:37 AM | Report Abuse

Management screened more than 50 companies, hopefully QA will come soon.

Stock: [MYEG]: MY E.G.SERVICES BHD

Feb 16, 2017 7:02 PM | Report Abuse

Bursa's reprimand on 30 November 2016

"MYEG is publicly reprimanded for breaching paragraph 9.08(2) of the Main LR which prescribes that a listed issuer must ensure that no disclosure of material information is made on an individual or selective basis to analysts, shareholders, journalists or other persons unless such information has previously been fully disclosed and disseminated to the public (i.e. to Bursa Malaysia Securities pursuant to paragraph 9.08(5) of the Main LR). In the event that material information is inadvertently disclosed on the occasion of any meeting with analysts, shareholders, journalists or others, it must be publicly disseminated as promptly as possible.



MYEG had at the CIMB Conference on 6 January 2015 disclosed the government’s decision for MYEG to implement the fully online renewal of foreign workers’ permit from 2015 onwards (“the New Renewal of Foreign Workers Permit Arrangement”) as well as impact of the same to the Company (e.g. market share and market potential).



However, the announcement on the New Renewal of Foreign Worker Permit Arrangement was made to Bursa Malaysia Securities only on 9 & 12 January 2015 and even so, without any disclosure of details of its impact / implication on MYEG’s financials which was disclosed in MYEG’s presentation to the fund managers at the CIMB Conference."

MyEG filed judicial review ??

Stock: [AMPROP]: AMCORP PROPERTIES BHD

Feb 16, 2017 6:49 PM | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5339037

Amcorp venturing into Spain.

Stock: [ULICORP]: UNITED U-LI CORP BHD

Aug 18, 2016 11:36 AM | Report Abuse

Thought this was a stable stock with regular dividend, 2 x per year. Behaving like speculatives.

Stock: [RSENA]: RED SENA BHD

Aug 17, 2016 3:09 PM | Report Abuse

8 months from listing, does it take this long to identify a QA ?

Stock: [WASEONG]: WAH SEONG CORP BHD

Aug 17, 2016 3:05 PM | Report Abuse

Company’s growth visibility made clearer after winning Nord Stream 2 project

THE clinching of the Nord Stream 2 project contract by Wah Seong Corp Bhd will see the company receiving a much needed earnings boost and clearer visibility on growth from this pipeline project.

Assuming our estimate of the contract value holds true, we find that this new contract would effectively more than triple Wah Seong’s outstanding orderbook from RM715mil to over RM3bil, eclipsing its previous record of RM1.7bil,” KAF-Seagrott says in their report.

Stock: [BCB]: BCB BHD

Mar 23, 2016 11:33 AM | Report Abuse

Whose land is this ???

Stock: [BCB]: BCB BHD

Mar 23, 2016 11:32 AM | Report Abuse

Extracted from iproperty.com magazine issue 133 March 2016

"What are BCB Berhad's future plans in Iskandar
Malaysia?
In Danga Bay, BCB is planning to develop a 90-acre
mixed development. Slated to be launched in 2018,
the waterfront project will comprise of 5-storey shop
lots, residential condominiums as well as a 5-star hotel
carrying an international brand."

Stock: [BCB]: BCB BHD

Mar 23, 2016 11:25 AM | Report Abuse

Where is the update on the Help MOU ? Or is it a publicity stunt ? I hope not. There should be rules to require listed property companies to update either quarterly or half yearly basis their launches and unbilled sales etc. This would investors to make better decisions. Matters of interest includes Home Tree Kota Kemuning, what are the launches and sales to date, Elysia Medini, is it really doing well ?, commercial units launches at Medini. And the comment by Vincent Tan of projects at Danga Bay. This is new, as there were no reports that BCB have land at Danga Bay.

Stock: [BCB]: BCB BHD

Mar 4, 2016 9:20 AM | Report Abuse

I thought it was Bursa's requirement to update on MOU ? I vaguely remember years ago when a number of PLCs abused the China play by having MOUs which eventually were called off. Bursa then came up with
a requirement for the PLCs to update on these MOUs. Anyone know for certain on this matter ?

Stock: [BCB]: BCB BHD

Mar 1, 2016 9:37 AM | Report Abuse

MOU between Help University & BCB 4 March 2015

https://www.facebook.com/BCBBerhad/photos/pcb.897323006954393/897322183621142/?type=1

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1893525

Can Management update on the status of this MOU ? 3 days to 1 year lapse , any further developments ???

Stock: [BCB]: BCB BHD

Jan 14, 2016 9:58 AM | Report Abuse

Valueseeker MOU between Help University & BCB 4 March 2015

https://www.facebook.com/BCBBerhad/photos/pcb.897323006954393/897322183621142/?type=1

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1893525

Can Management update on the status of this MOU ?

Stock: [BCB]: BCB BHD

Jul 28, 2015 11:30 AM | Report Abuse

Based on yesterday's announcement, actual number of shares controlled is 115,883,700 shares which is 57.87 %.

Stock: [BCB]: BCB BHD

Jul 26, 2015 2:53 PM | Report Abuse

What does the major shareholder, Evergreen Ratio knows that most of us does not ?

With the MGO, ER now controls about 60% ( together with PACs of 3% ). My understanding after investing in BCB for more than 3 years are as follows :

The company has been on expansionary drive over the past few years with major land bank increase viz the Concerto land in Mont Kiara, the Home Tree land in Kota Kemuning and The Elysia Park Residence land in Medini Iskandar.

The total GDVs of all these projects together with the landed property township projects in Batu Pahat, Kluang and other parts of Johor is more than RM 4 billions.

Firstly, the landed property township projects in Johor have been BCB's bread and butter for the past many years, since listing in December 1996. With the 3 major land acquisitions, the company has transformed and is no longer only a jaguh kampung in Batu Pahat and Kluang.

Recently, they launched the 2nd phase of Home Tree, second batch of bungalows in Kota Kemuning and currently they are on a registration drive for a pending launch of semi-Ds, cluster homes and linked houses, all in Kota Kemuning. Their 1st phase of bungalows which were almost sold out, still left 3 units, I think, are completing by end 2015.

The Concerto project in Mont Kiara is also completing by end 2015. Usually progress billings will pile up at the tail end of projects and I believe the 1st and 2nd quarters of the FY 2016 revenue will improve significantly.

The official launch of The Elysia Park Residence, a RM 1.2 billion is slated for 7 August 2015 to be officiated by DYMM, the Sultan of Johor. ( per BCB's facebook )

With the pending launch of the RM 1.8 billion Home Tree second phase bungalows, semi-Ds, cluster homes and linked houses, exciting times are ahead.

Are these the only reasons why the major shareholders launched the MGO ?

Stock: [BCB]: BCB BHD

Jun 19, 2015 9:08 AM | Report Abuse

The primary goal of corporate finance is to maximize or increase shareholder value.
28/05/2015 09:49

And of course one of the responsibilities of the Board and Management is to improve shareholders' value.

Does the GO improve shareholder value especially minority shareholders ?

Stock: [BCB]: BCB BHD

Jun 19, 2015 8:23 AM | Report Abuse

Extracted from Annual Report

a) Bandar Putera Indah
This 390 acres township is an up-coming
satellite suburb of Batu Pahat. The proposed
high speed rail linking Kuala Lumpur to
Singapore is expected to have a station
nearby thereby increasing the township’s
appeal. Double storey terrace houses are
reasonably priced below RM500,000 per
unit.
Total GDV is about RM1.1 billion. To-date
about RM100 million worth of properties
have been sold.
06/01/2015 08:23

Stock: [BCB]: BCB BHD

Jun 19, 2015 8:21 AM | Report Abuse

Another quarter with solid results : For Quarter ended 31 March 2015
3Qtr Revenue up 52% Cumulative up 61%
PAT up 35% Cumulative PAT up 34 %

Stock: [BCB]: BCB BHD

Jun 19, 2015 8:20 AM | Report Abuse

Judge for yourself whether GO of RM1.00 is fair. These are my earlier posts :

Things are improving. First dividend of 3 sen last year. Here is a summary of some major GDV as per the Annual Report :
Bandar Putera Indah, Batu Pahat : 1.1 billion ( 390 acres, launched 10 % )
Medini Iskandar Malaysia : 1.2 billion ( small units soft launch )
Concerto Mont Kiara : 560 million ( completing this year, 70% sold ?)
Home Tree, Kota Kemuning : 1.8 billion ( soft launch 2nd phase of bungalows )

Total GDV 4.66 billion for a small company with 200 million market capitalization ie GDV/Market capitalization of more than 23 times is quite impressive.

To a certain extent, I do agree that BCB may lack dynamic leadership and management as well as lacking in corporate expertise. I do noticed that there are a number of young family members holding key positions. In total there are 5 family members out of a total of 9 board members.

What is lacking may not be leadership in all areas as the results proved that the company is doing well ; but maybe in areas of corporate finance/investors communication.

The primary goal of corporate finance is to maximize or increase shareholder value.
28/05/2015 09:49

Stock: [BCB]: BCB BHD

May 28, 2015 9:49 AM | Report Abuse

I like to repost this :

Things are improving. First dividend of 3 sen last year. Here is a summary of some major GDV as per the Annual Report :
Bandar Putera Indah, Batu Pahat : 1.1 billion ( 390 acres, launched 10 % )
Medini Iskandar Malaysia : 1.2 billion ( small units soft launch )
Concerto Mont Kiara : 560 million ( completing this year, 70% sold ?)
Home Tree, Kota Kemuning : 1.8 billion ( soft launch 2nd phase of bungalows )

Total GDV 4.66 billion for a small company with 200 million market capitalization ie GDV/Market capitalization of more than 23 times is quite impressive.

To a certain extent, I do agree that BCB may lack dynamic leadership and management as well as lacking in corporate expertise. I do noticed that there are a number of young family members holding key positions. In total there are 5 family members out of a total of 9 board members.

What is lacking may not be leadership in all areas as the results proved that the company is doing well ; but maybe in areas of corporate finance/investors communication.

The primary goal of corporate finance is to maximize or increase shareholder value.

Stock: [BCB]: BCB BHD

May 28, 2015 8:50 AM | Report Abuse

Another quarter with solid results
3Qtr Revenue up 52% Cumulative up 61%
PAT up 35% Cumulative PAT up 34 %
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4752977

Hopefully, last quarter will announce good dividend.

Stock: [BCB]: BCB BHD

Apr 30, 2015 6:06 PM | Report Abuse

I see value in BCB, but you have other reasons ? Care to share, mani-cum.

Stock: [BCB]: BCB BHD

Apr 29, 2015 10:53 AM | Report Abuse

Things are improving. First dividend of 3 sen last year. Here is a summary of some major GDV as per the Annual Report :
Bandar Putera Indah, Batu Pahat : 1.1 billion ( 390 acres, launched 10 % )
Medini Iskandar Malaysia : 1.2 billion ( small units soft launch )
Concerto Mont Kiara : 560 million ( completing this year, 70% sold ?)
Home Tree, Kota Kemuning : 1.8 billion ( soft launch 2nd phase of bungalows )

Total GDV 4.66 billion for a small company with 200 million market capitalization ie GDV/Market capitalization of more than 23 times is quite impressive.

To a certain extent, I do agree that BCB may lack dynamic leadership and management as well as lacking in corporate expertise. I do noticed that there are a number of young family members holding key positions. In total there are 5 family members out of a total of 9 board members.