Highlights
KLSE: BJLAND (4219)       BERJAYA LAND BHD MAIN : Consumer
Last Price Today's Change   Day's Range   Trading Volume
0.26   0.00 (0.00%)  0.255 - 0.26  2,112,800
Analyze this stock with MQ Trader system

Overview

Market Cap: 1,277 Million
NOSH: 4,912 Million
Avg Volume (4 weeks):2,217,755
4 Weeks Range:0.255 - 0.295
4 Weeks Price Volatility (%):
12.50%
52 Weeks Range:0.18 - 0.365
52 Weeks Price Volatility (%):
43.24%
Average Price Target: 0.77
Price Target Upside/Downside: +0.51
Stamp duty exempted for year 2019

Financial Highlight

Latest Quarter | Ann. Date 31-Jan-2019 [#3]  |  20-Mar-2019
Next QR | Est. Ann. Date: 30-Apr-2019  |  27-Jun-2019
T4Q P/E | EY: -14.02  |  -7.13%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 0.8183  |  0.32
T4Q NP Margin | ROE: 0.99%  |  -2.23%

Headlines

Date Subject
01-Mar-2019 M+ Online Technical Focus - 1 March 2019
19-Feb-2019 PublicInvest Research Headlines - 19 Feb 2019
19-Feb-2019 Mplus Market Pulse - 19 Feb 2019
18-Feb-2019 PublicInvest Research Headlines - 18 Feb 2019
11-Feb-2019 Mplus Market Pulse - 11 Feb 2019
11-Feb-2019 PublicInvest Research Headlines - 11 Feb 2019
18-Jan-2019 PublicInvest Research Headlines - 18 Jan 2019
18-Jan-2019 Mplus Market Pulse - 18 Jan 2019
31-Dec-2018 Mplus Market Pulse - 31 Dec 2018
31-Dec-2018 PublicInvest Research Headlines - 31 Dec 2018
20-Dec-2018 Berjaya Land Q2 net loss narrows to RM1.77m
20-Dec-2018 Mplus Market Pulse - 20 Dec 2018
19-Dec-2018 [转贴] 失望成功集团资产被低估‧陈志远或私有化7-11
22-Nov-2018 Evening Market Summary - 22 Nov 2018
28-Jun-2018 Mplus Market Pulse - 28 Jun 2018
05-Jun-2018 PublicInvest Research Headlines - 5 Jun 2018
04-Jun-2018 Mplus Market Pulse - 4 Jun 2018
02-May-2018 Daily Technical Highlights – (IJM, BJLAND)
02-Apr-2018 Technical Buy: BJLAND (4219)

Business Background

Berjaya Land Bhd is a Malaysian company which operates in gaming and lottery management, motor retailing, hotels and resorts, recreation development, vacation timeshare and property investment and development. Its core business includes - operations of Toto betting, leasing of online lottery equipment, and the manufacture and distribution of computerized lottery and voting systems, motor vehicle dealership, repairs and maintenance and aftersales services. It also provides development of residential and commercial properties, management and operations of hotels and resorts operations of recreational clubs, vacation timeshare and air charter business. Most of the group's revenue comes from Toto betting and motor vehicle dealership activities in Malaysia and also in UK, Korea and others.
Trade this stock for as low as 0.05% brokerage. Find out more.

  qps9999 likes this.
 
129055444514385 at current price, investors should dump bjcorp and change to bjland :)


Shareholding Changes



Date of change

Shares

Director/
Substantial Shareholder

05 Mar 2019 Disposed
230,000,000 PENTA INVESTMENT ADVISERS LTD
05 Mar 2019 Acquired
230,000,000 TAN SRI DATO’ SERI VINCENT TAN CHEE YIOUN
05 Mar 2019 Acquired
230,000,000 BERJAYA CORPORATION BERHAD
05 Mar 2019 Acquired
230,000,000 BERJAYA GROUP BERHAD
05 Mar 2019 Acquired
230,000,000 JUARA SEJATI SDN BHD
23 Jan 2019 Acquired
45,415,369 PENTA INVESTMENT ADVISERS LTD
18 Jan 2019 Acquired
101,584,632 PENTA INVESTMENT ADVISERS LTD
28 Aug 2018 Acquired
2,000,000 TAN SRI DATO’ SERI VINCENT TAN CHEE YIOUN
21 Aug 2018 Acquired
2,000,000 TAN SRI DATO’ SERI VINCENT TAN CHEE YIOUN
20 Aug 2018 Acquired
10,000,000 TAN SRI DATO’ SERI VINCENT TAN CHEE YIOUN
20/03/2019 3:14 PM
129055444514385 arbitrage profit to change from bjcorp to bjland now?... almost the same price :)



@kahhoeng I thought bjland will trade between 0.35-.42 to reflect the 0.37/.3 exchange offer. With bjland now at 0.285, real worry VT not offering much to us minorities... almost want to email the management, but too upset to write one, sigh!
20/03/2019 3:18 PM
129055444514385 at about 27sen = less than 1/3 of net assets per share? :)



BJLAND Financial Information



Market Capital (RM)

: 1.375b

Number of Share

: 5.000b


NTA (RM)

: 0.820

Par Value (RM)

: 0.500
20/03/2019 3:20 PM
129055444514385 :)

BERJAYA CORPORATION BERHAD 05-Mar-2019 Acquired 230,000,000 0.000 View Detail
BERJAYA GROUP BERHAD 05-Mar-2019 Acquired 230,000,000 0.000 View Detail
JUARA SEJATI SDN BHD 05-Mar-2019 Acquired 230,000,000 0.000 View Detail
PENTA INVESTMENT ADVISERS LTD 05-Mar-2019 Notice of Person Ceasing 230,000,000 0.000 View Detail
TAN SRI DATO’ SERI VINCENT TAN CHEE YIOUN 05-Mar-2019 Acquired 230,000,000 0.000 View Detail
PENTA INVESTMENT ADVISERS LTD 23-Jan-2019 Acquired 45,415,369 0.000 View Detail
PENTA INVESTMENT ADVISERS LTD 18-Jan-2019 Notice of Interest 101,584,632 0.000 View Detail
TAN SRI DATO SERI VINCENT TAN CHEE YIOUN 28-Aug-2018 Acquired 2,000,000 0.000 View Detail
TAN SRI DATO’ SERI VINCENT TAN CHEE YIOUN 21-Aug-2018 Acquired 2,000,000 0.000 View Detail
TAN SRI DATO SERI VINCENT TAN CHEE YIOUN 20-Aug-2018 Acquired 10,000,000 0.000 View Detail
TAN SRI DATO’ SERI VINCENT TAN CHEE YIOUN 26-Jun-2018 Acquired 60,000 0.000 View Detail
TAN SRI DATO SERI VINCENT TAN CHEE YIOUN 22-Jun-2018 Acquired 13,000 0.000 View Detail
TAN SRI DATO’ SERI VINCENT TAN CHEE YIOUN 12-Jun-2018 Acquired 2,000 0.000 View Detail
TAN SRI DATO’ SERI VINCENT TAN CHEE YIOUN 07-Jun-2018 Acquired 220,000 0.000 View Detail
TAN SRI DATO’ SERI VINCENT TAN CHEE YIOUN 05-Jun-2018 Acquired 3,000 0.000 View Detail
TAN SRI DATO’ SERI VINCENT TAN CHEE YIOUN 04-Jun-2018 Acquired 25,000 0.000 View Detail
TAN SRI DATO’ SERI VINCENT TAN CHEE YIOUN 01-Jun-2018 Acquired 140,000 0.000 View Detail
TAN SRI DATO’ SERI VINCENT TAN CHEE YIOUN 31-May-2018 Acquired 200,000 0.000 View Detail
TAN SRI DATO’ SERI VINCENT TAN CHEE YIOUN 31-May-2018 Acquired 20,000 0.000 View Detail
TAN SRI DATO’ SERI VINCENT TAN CHEE YIOUN 30-May-2018 Acquired 2,000,000 0.000 View Detail
TAN SRI DATO’ SERI VINCENT TAN CHEE YIOUN 07-May-2018 Acquired 600,000 0.000 View Detail
BERJAYA CORPORATION BERHAD 04-May-2018 Acquired 1,221,600 0.000 View Detail
BERJAYA GROUP BERHAD 04-May-2018 Acquired 1,221,600 0.000 View Detail
TAN SRI DATO’ SERI VINCENT TAN CHEE YIOUN 04-May-2018 Acquired 1,221,600 0.000 View Detail
BERJAYA CORPORATION BERHAD 03-May-2018 Acquired 3,000,000 0.000
20/03/2019 3:25 PM
129055444514385 takda share buyback since 2014.... hopefully, share buyback next :)

03-Oct-2014 03-Oct-2014 Resale 2,094,000 0.860 0.860 View Detail
03-Oct-2014 03-Oct-2014 Resale 2,094,000 0.860 0.860 View Detail
24-Jul-2014 24-Jul-2014 Resale 11,000,000 0.845 0.850 View Detail
24-Jul-2014 24-Jul-2014 Resale 11,000,000 0.845 0.850 View Detail
25-Jan-2010 25-Jan-2010 Buyback 50,000 3.640 3.750 View Detail
25-Jan-2010 25-Jan-2010 Buyback 50,000 3.640 3.750 View Detail
10-Nov-2009 10-Nov-2009 Buyback 2,067 4.100 4.190 View Detail
09-Nov-2009 10-Nov-2009 Buyback 34,467 4.100 4.190 View Detail
09-Nov-2009 09-Nov-2009 Buyback 32,400 4.130 4.190 View Detail
06-Nov-2009 06-Nov-2009 Buyback 40,000 4.140 4.190 View Detail
05-Nov-2009 05-Nov-2009 Buyback 30,000 4.160 4.190 View Detail
04-Nov-2009 04-Nov-2009 Buyback 50,000 4.170 4.210 View Detail
03-Nov-2009 03-Nov-2009 Buyback 40,000 4.100 4.190 View Detail
02-Nov-2009 06-Nov-2009 Buyback 170,000 4.100 4.210 View Detail
02-Nov-2009 02-Nov-2009 Buyback 10,000 4.190 4.200 View Detail
30-Oct-2009 30-Oct-2009 Buyback 333,000 3.980 4.170 View Detail
29-Oct-2009 29-Oct-2009 Buyback 169,400 3.950 4.000 View Detail
28-Oct-2009 28-Oct-2009 Buyback 2,000 3.930 3.940 View Detail
27-Oct-2009 27-Oct-2009 Buyback 2,000 3.930 3.940 View Detail
26-Oct-2009 30-Oct-2009 Buyback 511,400 3.920 4.170 View Detail
26-Oct-2009 26-Oct-2009 Buyback 5,000 3.920 3.940 View Detail
23-Oct-2009 23-Oct-2009 Buyback 9,000 3.900 3.940 View Detail
22-Oct-2009 22-Oct-2009 Buyback 5,000 3.920 3.940 View Detail
21-Oct-2009 21-Oct-2009 Buyback 10,400 3.910 3.940 View Detail
20-Oct-2009 20-Oct-2009 Buyback 5,000 3.930 3.950
20/03/2019 3:26 PM
1431599283521664 talk north, talk south, talk east , talk west.. in the end just TOKOK ONLY..
20/03/2019 4:55 PM
gangnam Lol...KYY叔叔也这么认为?

https://klse.i3investor.com/blogs/koonyewyinblog/198495.jsp
20/03/2019 6:09 PM
birkincollector lol forever losing money
20/03/2019 6:48 PM
stahl2017 bjauto , bjfood, bjtoto deliver satisfying result, bjland still doing bad
20/03/2019 7:40 PM
ivan9511 I got mentioned b4 .
Wonder will bj left bjland behind after every bj counter announced good results . So I chg ny portion to bjfood .I still remember got other people ask me careful because bjfood got KR .
Now I proved I am right buy bjfood at lowest instead of keep buying bjland.
As I predict when everyone look good at bjland the Boss suddenly give us a bomb. This vt money is not easy to earn . Bomb here bomb there forever never end con .
Con is still con .
Just remembered I said bj got many counters . He cannot keep con for all counters still.got bjfood bjauto we can make profit .
But I only bet on bjfood and bjland .
Bjland I loss money but bjfood cover my ass .
Let us get a chance to K.O the con man
20/03/2019 7:49 PM
kahhoeng It's difficult to expect bjland showing profit when it's biggest contributor is bjtoto and yet it's having an additional 1.6 billion debt. Until bjland collects billion from asset disposal or through court ruling, there's nothing much to see. Given completion of Vietnam hotel disposal, next quarter shall be better.
20/03/2019 8:37 PM
gangnam Lol...actually based on for the Review of Results For the 9-month Period ended 31/01/2019 indicated the profit before tax actually improved by 193%! compared to the corresponding 9 month ended 31/01/2018. Also with completion of the Vietnam hotel disposal for the next quarter, BJland will have another estimated gain of about RM192.33 million...

https://www.theedgemarkets.com/article/berjaya-land-sells-entire-stake-intercontinental-hanoi-rm222m

Refer pg. 23, BERJAYA LAND BERHAD - UNAUDITED INTERIM FINANCIAL REPORT FOR THE QUARTER ENDED 31 JANUARY 2019
https://klse.i3investor.com/servlets/staticfile/352649.js

Subsequently, on 1 March 2019, the Company announced that all the conditions precedent under the Proposed TPC Village Disposal have been fulfilled and is now unconditional. Accordingly, the Proposed TPC Village Disposal has now been completed. A total of VND2,619.57 billion (about RM467.64 million or about USD112.33 million) in cash amounting to about 90% of the Sale Consideration and Inter-Co Loan, totaling VND2,915 billion (about RM520.38 million or about USD125 million) ("Total Payment Receivables") has been received by TPC Development. Another VND233.20 billion(about RM41.63 million or about USD10.00 million) of the Total Payment Receivables (currently in escrow), will be received on or before 3 May 2019, while the balance of the VND62.23 billion (about RM11.11 million or about USD2.67 million) (which is also in escrow), will be received upon the receipt of the amended Investment Certificate to be issued by the Vietnamese authority.

Refer pg. 16, BERJAYA LAND BERHAD - UNAUDITED INTERIM FINANCIAL REPORT FOR THE QUARTER ENDED 31 JANUARY 2019
https://klse.i3investor.com/servlets/staticfile/352649.jsp


9-month Period ended 31/01/20198
Revenue (RM'000) - 4,601,631
Profit from operations (RM'000) - 337,805
Profit before tax (RM'000) - 265,447

Versus

9-month Period ended 31/01/2018
Revenue - (RM'000) - 4,780,248
Profit from operations (RM'000) - 340,320
Profit before tax (RM'000) - 90,506
21/03/2019 1:02 AM
martinchua88332 VT cried wolf again and again.time to stay away from the counter for a while .
21/03/2019 8:33 AM
129055444514385 Short selling possible?
21/03/2019 9:03 AM
129055444514385 Boleh happen?

BJLAND has advanced to re-test the EMA9 level with rising volumes. The MACD Histogram has turned green, while the RSI is re-testing 50. Monitor for a trendline breakout above RM0.275, targeting the RM0.30-RM0.32 levels. Support will be pegged around the RM0.255 level.

Source: Mplus Research - 1 Mar 2019
21/03/2019 9:07 AM
129055444514385 No issue with shareholding spread anymore :)

In addition, the Board of Directors of BLand wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) has approved BLand’s application for acceptance of a lower Public Spread of 15% in compliance with Paragraph 8.02(1) of the Main Market Listing Requirements of Bursa Securities (“Approved Public Spread”).



Pursuant to the Approved Public Spread, BLand is required to notify Bursa Securities immediately, if in conjunction with the preparation of its semi-annual returns and/or when it becomes aware of the following:-

any decrease in issued share capital of BLand; and
any decrease in the percentage of Public Spread below 15%.
Based on the above, BLand has complied with the Approved Public Spread.



This Announcement is dated 5 March 2019.
21/03/2019 9:12 AM
Sebastian Sted Power don't be so conservative look at 1-2cents drop. Hold your ball and look at bigger picture
21/03/2019 9:22 AM
miniminer Goreng up also possible...while $$ from Vietnam not declare in this Q, good opportunity to whack all "Panic" or "Cheap" remaining share from open market to path way for privatization.
21/03/2019 9:34 AM
129055444514385 Still able to generate + cash flow for the 9 months ended 31 Jan 2019

Net cash generated from operating activities RM139,658,000
21/03/2019 9:38 AM
129055444514385 CLOSING CASH AND CASH EQUIVALENTS 629,281,000 as at 31/1/2019 still so much cash :)
21/03/2019 9:39 AM
129055444514385 Retained earnings RM78,784,000 @31/1/2019.... can pay dividend if they want. They can also distribute the treasury shares as share dividend, fingers crossed :)

Treasury shares RM20,699,000 @ 31/1/2019

Go and read the 3rd quarterly report released recently
21/03/2019 9:42 AM
129055444514385 Already turnaround regardless of other issues. :)

Wednesday, 20 Mar 2019

6:48PM BJLAND Appointment of SYED ALI SHAHUL HAMEED As Executive Director

6:15PM BJLAND Nine-month net profit 137.434 million
21/03/2019 9:50 AM
129055444514385 Sudah dipulihkan.... read the quarterly report released yesterday :)

Net Profit/Loss For The Period:
Q3,2019: RM25,463,000
Q3,2018: RM35,830,000
Q1 to Q3 consolidated, 2019: RM137,434,000
Q1 to Q3 consolidated, 2018: RM(47,140,000)
21/03/2019 9:55 AM
Good123 at 27sen, cheap , quite diversified :)

Berjaya Land Bhd is a Malaysian company which operates in gaming and lottery management, motor retailing, hotels and resorts, recreation development, vacation timeshare and property investment and development. Its core business includes - operations of Toto betting, leasing of online lottery equipment, and the manufacture and distribution of computerized lottery and voting systems, motor vehicle dealership, repairs and maintenance and aftersales services. It also provides development of residential and commercial properties, management and operations of hotels and resorts operations of recreational clubs, vacation timeshare and air charter business. Most of the group's revenue comes from Toto betting and motor vehicle dealership activities in Malaysia and also in UK, Korea and others.
21/03/2019 10:11 AM
gangnam Lol...the reason profit announced a bit lower is because BJToto which is 40% owned by BJLand gave a dividend of 3.5 sens for this qtr. instead of the usual 4 sens quarterly...further BJLand's 40% in BJToto is worth RM1.258 billion based on BJToto market capitalization of 1.35 billion shares with current market value of RM2.33 per share! Isn't it ridiculous that BJLand's 40% shares in BJToto already worth RM1.258 billion compared to BJLand's present market capitalisation of RM1.35 Billion? This is not even counting the RM222 million already received from the Vietnam property sales but not recorded in this quarter?
21/03/2019 10:55 AM
kahhoeng Profit announced has nothing to do with dividend. Dividend only affects cash flow
21/03/2019 2:39 PM
Kenn Ong Why Malaysia Government or so called SC can allowed Bjs n others like Muiind not to revaluation assets for such long periods
.....
21/03/2019 5:17 PM
miniminer Ha...."Property revaluation"......this is interligent question!!......…
Bursa under PH should take this on seriously as high priority if want to see shares catch up to real value....no revaluation for a long period of time > 3 years, the shares actually did not reflects the true current value or in NTA......this is unfair to investors where some them have to sell their shares back to market undervalue after a while where they should entitle for fair shares of profits from their investment.

Well, share market performance are one of the key country financial index thus authority must do something effectively to ensure all listed company did not hide some profit in under value property.
21/03/2019 11:11 PM
OceanSky My analysis on Bj Land Q3-2019 Result:

1. Statement of Cash-Flows
1.1 Operation cash-flow +140 mil
1.2 Investment cash-flow +255 mil (with Repayment from JV, TPC Village Vietnam)
1.3 Financing cash-flow -560 mil (with Nett Repayment to bank -315 mil)

With refer to Note B7-(g), note that Total payment has been received by TPC is of RM520 mil;
Another receivable of RM42 mil will be received on May-2019; and balance of RM11 mil will be received in later stage.

Conclusion is, Bj Land will declare good Q4-2019 result once the TPC Village disposal deal is completed on March-2019.
Further, we shall see future investment receivable of RM265 mil in Q4-2019.

We also notice that :
1. HR Owen has shown strong and steady returns since the pass few years.
2. Launching of Tropika Scheme at Bukit Jalil since March-2019 shall bring in steady income.
22/03/2019 8:15 AM
kasinathan The existing regulation stated for company that derived its earning from selling property is not allowed to revalue its land assets unless it triggered the project development for that piece of land of which can generate operating income.
22/03/2019 8:51 AM
miniminer All good regulation should have a control limits or standard for measurements, I think what missing is a clause state that the revaluation must happen if the property/land did not go for development for a period of time, ie: 3 years.
22/03/2019 12:39 PM
gangnam Lol... Uncle Tan & Team has far bigger worry at BJCorp...since cash flow is not an issue with Oceansky's analysis of BJLand latest Qtr. report..the plan for delisting/privatisation of
BJLand is intact with public shareholding spread approaching 15%...

https://www.theedgemarkets.com/article/bcorp-shares-hit-5year-low-after-subang-airport-accident
22/03/2019 2:11 PM
kahhoeng Gangnam, it's never a worry to majority shareholders piloting the listed companies if the share price is 5-10% of it's NA. Only when its cash flow is in trouble while debt is high is a major concern...
22/03/2019 2:36 PM
gangnam Lol...maybe for Uncle Tan & Team but BjCorp as the majority shareholder of BJLand is still subject to the Rules & Regulation of Bursa... don't think Uncle Tan can convince Bursa to accept less than 15% for delisting/privatisation of BJLand...anyway cashflow is not a concern of BJLand atm with so much cash in the kitty as highlighted by OceanSky based on BJLand's latest quarterly report above...
22/03/2019 2:48 PM
kahhoeng Gangnam, penta has over 7%, but sold to bjcorp only 4+% and yet Bursa approved it. If all sold to bjcorp, bursa will still accept 13% shareholding spread? I guess yes, given the 15% is a big joke. My broker already enlist bjland as non-marginable stock when spread is 20%,while bursa ok 15%?!? That's a big joke...
22/03/2019 3:20 PM
gangnam Lol...since the public spread almost breaching 15% and Penta still has 3% BJLand shares to sell to BJcorp at the conversion rate RM0.38/0.30 or better since BJCorp has dropped even lower today...with 12/% public spread don't u think SC/Bursa will not intervene if BJCorp does nothing?
22/03/2019 4:12 PM
gangnam Lol...不同羽毛的鸟不会混在一起...当Penta代表Tan叔叔向BJCorp出售3%的余额时,让我们看看SC是否允许它?
22/03/2019 5:43 PM
kahhoeng LOL, who knows, this is boleh land. The most important thing is bursa already slapped us minorities hard not requiring an offer to the rest of us... and we should not forget that as a lesson investing in the future in bursa.
22/03/2019 5:55 PM
stahl2017 https://9shares.my/%E9%99%88%E5%BF%97%E8%BF%9C%E6%9C%89%E5%BB%89%E9%A2%87%E8%80%81%E7%9F%A3%E7%9A%84%E6%82%B2%E5%8F%B9%EF%BC%9F-%E6%88%90%E5%8A%9F%E9%9B%86%E5%9B%A2%E8%82%A1%E4%BB%B7%E8%A7%A6%E4%BA%94%E5%B9%B4%E6%96%B0/
22/03/2019 6:45 PM
gangnam Lol...that sounded like from a majority rather than minority...anyway this is new Malaysia & the rule of law...bolehland nowithstanding...
22/03/2019 6:46 PM
OceanSky From Bj Land Q3-2019 Report:

B3 Future Prospects
The Directors expect the number forecast operation ("NFO") business to be satisfactory and that it will continue to maintain its market share for the remaining quarter of the financial year ending 30 April 2019. The performance of both hotels and resorts and property development business segments are expected to remain satisfactory.

The Group also expects to record a significant gain upon the successful disposal of the Proposed BVIUT Disposal, Proposed Vietnam Subsidiary Disposal and Proposed TPC Village Disposal as disclosed in Note B7(f) and (g).
23/03/2019 6:05 PM
OceanSky B7(f) On BVIUT & BVFC Disposal, last paragraph stated that:

Together with the Proposed BVIUT Disposal and Proposed BVFC Disposal, the Group is also in
negotiations on the potential sale of another of its Vietnamese venture (“Proposed Vietnamese Venture Disposal”).

- This note has disclose that there is another Vietnamese Venture to be put on table with buyer.

B7(g) On T.P.C Development Ltd Disposal.

Proposed disposal of 75% of the capital of TPC Village at RM222.2 million; and fully settlement of advance owing to Bj Land total of RM298.20 million.

Total amount of RM520.4 million, which received 90%, RM467.64 million, as of 1-March-2019.

Subsequently, on 1 March 2019, the Company announced that all the conditions precedent under the Proposed TPC Village Disposal have been fulfilled and is now unconditional.

As the deal done beyond Q3-2019 ending of 31-Jan-2019, the good news have not been reflected on Q3 but will be captured in Q4-2019.

Pls note that this completed deal will contribute RM198.0 million of profit, which is 4sen per Bj Land share.

Why market respond differently from the said result ?
23/03/2019 6:17 PM
qps999 BJLAND can touch .30..?
23/03/2019 6:20 PM
OceanSky Strange!

The company announcement has clearly disclose the actual status of the group to all shareholders.
Why investor got feeling that the owner is pressing the price.
25/03/2019 8:36 AM
kahhoeng Err... probably because VT initiated a press conference telling Malaysians what he wants but none of his board members aware? Probably he said wanting to sell Kyoto four season but Okinawa four season is the one actually signed? Probably Penta can get special treatment to have his recently bought bjland exchanged into bjcorp at 0.38/0.30 that none of his other minorities is offered? Probably because penta sold or give his bjcorp shares to UBS right after his bjland shares exchanged into bjcorp shares?
25/03/2019 9:53 AM
leek SAPU!!!! PENTA IS ACCUMULATING!!! =D
25/03/2019 4:30 PM
leek LIMIT UP SOON!!! VT WILL SHOW FIRST PRIVATISATION OFFER SOON!!! LIKE MAA!!! =D
25/03/2019 4:36 PM
leek BUY AND KEEP NOW!!! DON'T LET PENTA MAKES ALL THE MONEY!!! =D
25/03/2019 4:37 PM
leek The group also expects to record a significant gain upon the successful disposals of Berjaya Vietnam International University Town One Member Limited Liability Company, a Vietnamese subsidiary and TPC Nghi Tam Village Ltd.

https://www.thesundaily.my/business/berjaya-land-posts-rm67-34m-pre-tax-profit-in-q3-LN708793
25/03/2019 5:14 PM
kahhoeng I earlier thought the Vietnamese subsidiary to be sold refers to the hotel just sold recently. Having read this article, I think it could be the bank they're going to let go...
25/03/2019 5:22 PM


 

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