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  Victor Yong Such Is Life: How Berjaya Food Berhad (KLSE:BJFOOD) Shareholders Saw Their Shares Drop 56% Simply Wall St 7 days ago We think intelligent long term investing is the way to go. But that doesn’t mean long term investors can avoid big losses. Zooming in on an example, the Berjaya Food Berhad (KLSE:BJFOOD) share price dropped 56% in the last half decade. That’s an unpleasant experience for long term holders. Unhappily, the share price slid 2.2% in the last week. There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. Looking back five years, both Berjaya Food Berhad’s share price and EPS declined; the latter at a rate of 8.3% per year. Readers should note that the share price has fallen faster than the EPS, at a rate of 15% per year, over the period. So it seems the market was too confident about the business, in the past. It’s probably worth noting that the CEO is paid less than the median at similar sized companies. But while CEO remuneration is always worth checking, the really important question is whether the company can grow earnings going forward. It might be well worthwhile taking a look at our free report on Berjaya Food Berhad’s earnings, revenue and cash flow. What About Dividends? As well as measuring the share price return, investors should also consider the total shareholder return (TSR). The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. As it happens, Berjaya Food Berhad’s TSR for the last 5 years was -50%, which exceeds the share price return mentioned earlier. This is largely a result of its dividend payments! A Different Perspective Berjaya Food Berhad’s TSR for the year was broadly in line with the market average, at 4.2%. To take a positive view, the gain is pleasing, and it sure beats annualized TSR loss of 13%, which was endured over half a decade. While ‘turnarounds seldom turn’ there are green shoots for Berjaya Food Berhad. Is Berjaya Food Berhad cheap compared to other companies? 28/12/2019 8:34 AM Victor Yong :) Berjaya Food Holdings - GrabFood Tie Up to Add Starbucks Volumes Date: 09/10/2019 Stock : BJFOOD Source : HLG Price Target : 1.85 Last Price : 1.36 We met with Bfood and came away feeling neutral about the group’s prospects going forward. As the meeting yielded no major surprises, we keep our forecasts unchanged. We keep our BUY call and TP of RM1.85 based on an unchanged 25x PE tagged to FY20 EPS of 7.4 sen. While we are optimistic on KRR business strategy of closing high rent locations in favour of small format stores, Bfood’s key value comes from the robust growth of Starbucks Malaysia, which we expect to continue to open 25-30 stores per annum. We met with Bfood and came away feeling neutral about the group’s prospects going forward. Starbuck’s GrabFood tie up to add volumes. Bfood shared that Starbucks has recently been made available for sale on GrabFood platform. With approximately 50 stores on the platform, this makes up is 1 in 6 operational Starbucks outlets, as Bfood currently has 300 operational Starbucks outlets. While we understand that orders generated through the platform have thinner margins than orders sold in store (as Grab takes a cut of up to 25% of the sale), we are positive on this venture as we estimate that this venture could add between 5-10% of sales volume for outlets listed on the platform. KRR continues tweaking its business model. KRR will continue to close unprofitable large format stores and open small format outlets instead (Figure 1). Since the closure of KRR in Sky Avenue (Genting), Bfood have closed a further 3 unprofitable stores in 1Q20. In FY20, Bfood intends to open 10 more KRR outlets, with just 2 of those being regular format stores and the remaining 8 being small format ones. We note that small format store requires just a fifth of the capex requirements of regular store’s start-up cost given the smaller real estate required in addition to lower rent. This is due to small format store having minimal seating area as it focuses on take away transactions. High effective tax rate to remain. We expect the group’s high effective tax rate of ~40% to remain for the foreseeable future. We understand that this is due to (i) a large chunk of the group’s interest cost being non-tax deductible as the borrowings are held at the holding company level (which was borrowed to fund the acquisition of the remaining 50% stake in Starbucks Malaysia operations); as well as (ii) much of the renovation costs for Starbucks outlets being non-tax deductible. Outlook. We believe Bfood’s profitability will continue to be driven by the opening of 25-30 new Starbucks outlets annually. Despite posting wide EBIT losses of RM12.4m in 14MFY19, we expect KRR Malaysia to narrow this in FY20 as we understand the bulk of the losses stemmed from one-off expenses associated with the closure of non performing stores. Going forward, we expect Bfood to continue to roll our small format outlets (small real estate requirement and minimal seating space) which have been successful for the group in recent times. Forecast. As the meeting yielded no surprise, we keep our forecasts unchanged. Maintain BUY, TP: RM1.85. We keep our BUY call and TP of RM1.85 based on an unchanged 25x PE tagged to FY20 EPS of 7.4 sen. While we are optimistic on the KRR business strategy of closing high rent locations in favour of small format stores, Bfood’s key value comes from the robust growth of Starbucks Malaysia, which we expect to continue to open 25-30 stores per annum. Source: Hong Leong Investment Bank Research - 9 Oct 2019 28/12/2019 8:38 AM Victor Yong much cheaper for VT to privatise bjfood than caring, market cap is about rm520mil. :) Market Cap: 520 Million NOSH: 382 Million Avg Volume (4 weeks): 291,610 4 Weeks Range: 1.34 - 1.43 4 Weeks Price Volatility (%): 22.22% 52 Weeks Range: 1.28 - 1.81 52 Weeks Price Volatility (%): 15.09% Average Price Target: 1.75 Price Target Upside/Downside: +0.39 28/12/2019 10:02 AM Victor Yong stronger usd is good for bjfood, lower raw material cost, royalty fee, etc. :) Ringgit closes higher for third consecutive day | 27 Dec 2019 / 18:33 Ringgit closes higher for third consecutive day KUALA LUMPUR: The ringgit closed higher for the third consecutive trading day today on optimism of an interim trade deal between the US and China to be signed early next year. 26-Dec-2019 Insider BERJAYA GROUP BERHAD (a substantial shareholder) acquired 20,000 shares on 23-Dec-2019. 26-Dec-2019 Insider JUARA SEJATI SDN BHD (a substantial shareholder) acquired 20,000 shares on 23-Dec-2019. 26-Dec-2019 Insider TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN (a substantial shareholder) acquired 20,000 shares on 23-Dec-2019. 26-Dec-2019 Insider BERJAYA CORPORATION BERHAD (a substantial shareholder) acquired 20,000 shares on 23-Dec-2019. 23-Dec-2019 Insider JUARA SEJATI SDN BHD (a substantial shareholder) acquired 220,000 shares on 20-Dec-2019. 23-Dec-2019 Insider BERJAYA GROUP BERHAD (a substantial shareholder) acquired 220,000 shares on 20-Dec-2019. 23-Dec-2019 Insider BERJAYA CORPORATION BERHAD (a substantial shareholder) acquired 220,000 shares on 20-Dec-2019. 23-Dec-2019 Insider TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN (a substantial shareholder) acquired 220,000 shares on 20-Dec-2019. 28/12/2019 10:17 AM Victor Yong if interested in starbucks in malaysia, can only invest in bjfood? :) Is Starbucks a franchise in Malaysia? Yes, Starbucks in Malaysia is NOT a franchise. It's owned by Berjaya & Starbucks International. Well, unfortunately was informed that it only belongs to Berjaya group which is not open to public. 28/12/2019 11:03 AM Victor Yong Would bjfood be next after caring? :) At Caring Pharmacy Group Bhd, a total of 18.67 million shares, or 8.58% of its share base, were transacted off market in direct deals at RM2.45 apiece between Dec 4 and 10. Last month, 7-Eleven Malaysia Holdings Bhd announced its plans to acquire 55.2 million shares, or 25.35% equity interest, in Caring Pharmacy via its subsidiary Convenience Shopping (Sabah) Sdn Bhd, for RM2.60 per share or a total cash consideration of RM143.51 million. 28/12/2019 1:47 PM Good123 maybank's target price for bjfood was rm1.80. wait n see whether vt and berjaya group of companies will continue to sapu :p 30/12/2019 9:28 AM Good123 nampak macam sangat berpotensi tahun depan, tahun melawat Malaysia 2020, harga menu baru bagi kenny roger Lebih murah kini, dll 30/12/2019 9:30 AM Good123 Starbucks juga ada outlet buka 24 jam, kiosk Starbucks, Starbucks bekerjasama dengan grab food, petronas, dll :) 30/12/2019 9:31 AM Good123 nilai ringgit kian kukuh, kos bahan muntah , royalti, dll akan berkurangan bagi bjfood, lebih banyak untung barangkali 30/12/2019 9:32 AM Good123 saya rasa vt akan buat yang sama bagi bjfood macam apa yang telah vt buat terhadap caring 30/12/2019 9:38 AM Good123 KUALA LUMPUR (Dec 30): The ringgit extended its upward momentum last week to open higher against the US dollar this morning, backed by positive sentiment for the local currency. AxiTrader chief Asia market strategist Stephen Innes said the ringgit's outlook remained positive as trade risk had abated with the United States (US)-China trade deal development. At 9am, the ringgit was traded at 4.1180/1230 versus the US dollar, compared with Friday's close of 4.1260/1290. 30/12/2019 9:46 AM Victor Yong agreed, another caring case soon probably :) Thursday, 26 Dec 2019 5:38PM BJFOOD JUARA SEJATI SDN BHD (20,000 units Acquired) 5:38PM BJFOOD VINCENT TAN CHEE YIOUN (20,000 units Acquired) 5:38PM BJFOOD BERJAYA CORPORATION BERHAD (20,000 units Acquired) 5:38PM BJFOOD BERJAYA GROUP BERHAD (20,000 units Acquired) Monday, 23 Dec 2019 5:51PM BJFOOD BERJAYA CORPORATION BERHAD (220,000 units Acquired) 5:51PM BJFOOD VINCENT TAN CHEE YIOUN (220,000 units Acquired) 5:51PM BJFOOD BERJAYA GROUP BERHAD (220,000 units Acquired) 5:51PM BJFOOD JUARA SEJATI SDN BHD (220,000 units Acquired) Friday, 20 Dec 2019 5:39PM BJFOOD BERJAYA CORPORATION BERHAD (500,000 units Acquired) 5:39PM BJFOOD VINCENT TAN CHEE YIOUN (1,910,000 units Transacted) 5:38PM BJFOOD BERJAYA GROUP BERHAD (500,000 units Acquired) 5:38PM BJFOOD JUARA SEJATI SDN BHD (500,000 units Acquired) Wednesday, 18 Dec 2019 5:59PM BJFOOD VINCENT TAN CHEE YIOUN (130,000 units Acquired) 5:59PM BJFOOD JUARA SEJATI SDN BHD (130,000 units Acquired) 5:59PM BJFOOD BERJAYA GROUP BERHAD (130,000 units Acquired) 5:59PM BJFOOD BERJAYA CORPORATION BERHAD (130,000 units Acquired) Monday, 16 Dec 2019 5:52PM BJFOOD VINCENT TAN CHEE YIOUN (100,000 units Acquired) 5:49PM BJFOOD JUARA SEJATI SDN BHD (100,000 units Acquired) 5:47PM BJFOOD BERJAYA CORPORATION BERHAD (100,000 units Acquired) 5:44PM BJFOOD BERJAYA GROUP BERHAD (100,000 units Acquired) 5:16PM BJFOOD MUSTAPHA BIN ABD HAMID (30,000 units Disposed) Friday, 13 Dec 2019 5:42PM BJFOOD VINCENT TAN CHEE YIOUN (448,300 units Acquired) 5:41PM BJFOOD JUARA SEJATI SDN BHD (448,300 units Acquired) 5:40PM BJFOOD BERJAYA GROUP BERHAD (448,300 units Acquired) 5:39PM BJFOOD BERJAYA CORPORATION BERHAD (448,300 units Acquired) Wednesday, 11 Dec 2019 5:51PM BJFOOD JUARA SEJATI SDN BHD (291,700 units Acquired) 5:51PM BJFOOD BERJAYA GROUP BERHAD (291,700 units Acquired) 5:51PM BJFOOD BERJAYA CORPORATION BERHAD (291,700 units Acquired) 5:50PM BJFOOD VINCENT TAN CHEE YIOUN (291,700 units Acquired) Monday, 9 Dec 2019 5:40PM BJFOOD VINCENT TAN CHEE YIOUN (50,900 units Acquired) 5:40PM BJFOOD JUARA SEJATI SDN BHD (50,900 units Acquired) 5:40PM BJFOOD BERJAYA GROUP BERHAD (50,900 units Acquired) 5:40PM BJFOOD BERJAYA CORPORATION BERHAD (50,900 units Acquired) Friday, 6 Dec 2019 5:52PM BJFOOD BERJAYA CORPORATION BERHAD (379,100 units Acquired) 5:52PM BJFOOD VINCENT TAN CHEE YIOUN (379,100 units Acquired) 5:52PM BJFOOD JUARA SEJATI SDN BHD (379,100 units Acquired) 5:52PM BJFOOD BERJAYA GROUP BERHAD (379,100 units Acquired) Wednesday, 4 Dec 2019 6:16PM BJFOOD BERJAYA CORPORATION BERHAD (30,000 units Acquired) 6:16PM BJFOOD BERJAYA GROUP BERHAD (30,000 units Acquired) 6:16PM BJFOOD JUARA SEJATI SDN BHD (30,000 units Acquired) 6:16PM BJFOOD VINCENT TAN CHEE YIOUN (198,100 units Acquired) Tuesday, 3 Dec 2019 5:28PM BJFOOD JUARA SEJATI SDN BHD (200,000 units Acquired) 5:28PM BJFOOD BERJAYA CORPORATION BERHAD (200,000 units Acquired) 5:28PM BJFOOD VINCENT TAN CHEE YIOUN (800,000 units Acquired) 5:28PM BJFOOD BERJAYA GROUP BERHAD (200,000 units Acquired) Thursday, 28 Nov 2019 5:46PM BJFOOD JUARA SEJATI SDN BHD (306,500 units Acquired) 5:46PM BJFOOD VINCENT TAN CHEE YIOUN (494,800 units Acquired) 30/12/2019 10:12 AM Victor Yong For Berjaya group of companies, only bjfood and bjtoto have dividend and analyst coverage, the rest is penny stock without dividend and analyst coverage. mau play VT punya stock, hanya bjtoto and bjfood adalah berbaloi :) 30/12/2019 10:15 AM Victor Yong Malaysia THIS REPORT HAS BEEN PREPARED BY MAYBANK INVESTMENT BANK BERHAD SEE PAGE 6 FOR IMPORTANT DISCLOSURES AND ANALYST CERTIFICATIONS PP16832/01/2013 (031128) Note: FYE changed to June from April, from FY19 onwards (14 months in FY19) Jade Tam jade.tam@maybank-ib.com (603) 2297 8687 Berjaya Food (BFD MK) 1QFY20 results missed Maintain BUY; Expect sequential profit improvement 1Q20 core net profit missed our and consensus estimates on higher-thanexpected finance cost and MFRS16 adoption. We lower our FY20-FY22 earnings estimates by 8%-16% but expect sequentially better earnings from robust sales in BStarbucks given several upcoming festivities. Maintain BUY with 10% lower MYR1.80 TP (-20sen) pegged to unchanged 27x FY20 PER (-0.5SD to historical mean). Results below expectations Excluding a net one-off gain of MYR0.4m from a forex gain and writedown of PPE, BFD‟s 1QFY20 core net profit of MYR4m was below expectations reflecting only 14%/13% of our/consensus full-year earnings estimates. The shortfall was mainly due to higher-than-expected finance cost and BFD‟s adoption of MFRS16. BFD announced a first interim dividend of 1sen, as expected. This is the 1st quarter under BFD‟s revised FYE (June); no comparable YoY or QoQ data was provided (see Fig. 1). Slow start for BStarbucks With the absence of major holidays during 1QFY20, BStarbucks reported flat SSSG (FY19 SSSG: +3%), while Kenny Rogers Roasters (KRR) Malaysia and Singapore reported -2.0% and +1% SSSG, respectively. On outlet expansion, we understand that BStarbucks opened +12 new stores but closed 3 underperforming KRR Malaysia stores in 1QFY20. This brings total store count of BStarbucks to 303 stores and KRR Malaysia to 77 stores. Note that BFD adopted MFRS 16 in 1QFY20 where a „right-of-use approach‟ is required to be used by lessees to reflect the rights and obligations from lease contracts on their balance sheet. As a result, this adversely impacted BFD‟s 1QFY20 pre-tax profit by -MYR2.2m. Lowered FY20-FY22 earnings estimates by 8-16% Into FY20, bottomline should improve in sequential quarters driven by BStarbucks‟ (i) ongoing store expansion; and (ii) higher sales during the year-end holiday festivities in 2Q and Chinese New Year in 3Q. Our model has imputed for +25 new BStarbuck stores p.a. in FY20-FY22. Meanwhile, KRR Malaysia‟s earnings could continue to underperform given stiff competition in the near-term. Upon factoring the soft 1QFY20 results, we lower our FY20/FY21/22 earnings estimates by 16%/11%/8% Statistics 52w high/low (MYR) 3m avg turnover (USDm) Free float (%) Issued shares (m) Market capitalisation Major shareholders: 42.6% 5.3% 5.2% 382 0.1 Berjaya Food engages in the development and operation of the Starbucks, Kenny Rogers Roasters and Jollibean Foods café and restaurant chains. Berjaya Corp. Bhd. UBS A/G London Norges Bank 1.81/1.29 40.0 MYR523.2M USD126M 30/12/2019 10:28 AM Victor Yong Major shareholders: Berjaya Corp. Bhd., UBS A/G London, Norges Bank 42.6% 5.3% 5.2% 30/12/2019 10:29 AM Good123 I guess , bjfood is the only berjaya's company with more than 10% foreign institutional fund holdings. maybe , due to Starbucks, ada dividend and analyst coverage :) 30/12/2019 10:48 AM Victor Yong Dont know whether VT will push up the price by buying more shares. Tomorrow, last day for window dressing 30/12/2019 2:25 PM Victor Yong Jual Beli among related parties , not via the open market :) Changes in Sub. S-hldr's Int (Section 138 of CA 2016) BERJAYA FOOD BERHAD Particulars of substantial Securities Holder Name TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN Nationality/Country of incorporation Malaysia Descriptions (Class) Ordinary Shares Details of changes No Date of change No of securities Type of Transaction Nature of Interest 1 26 Dec 2019 2,000,000 Disposed Deemed Interest Name of registered holder Inter-Pacific Equity Nominees (Tempatan) Sdn Bhd Address of registered holder West Wing, Level 13, Berjaya Times Square, No. 1, Jalan Imbi, 55100 Kuala Lumpur. Description of "Others" Type of Transaction Circumstances by reason of which change has occurred Deemed interested by virtue of his interests in Berjaya Assets Berhad, the holding company of Berjaya Bright Sdn Bhd. -Disposed via married deal Nature of interest Deemed Interest Direct (units) 10,638,000 Direct (%) 2.989 Indirect/deemed interest (units) 196,851,720 Indirect/deemed interest (%) 55.308 Total no of securities after change 207,489,720 Date of notice 26 Dec 2019 Date notice received by Listed Issuer 27 Dec 2019 Remarks : Deemed Interests held through:- No. of Shares -------------------- 1) Berjaya Group Berhad 148,466,920 2) Country Farms Sdn Bhd 500,000 3) Juara Sejati Sdn Bhd 14,060,000 4) Berjaya Philippines Inc 3,200,000 5) Bukit Kiara Resort Berhad 540,000 6) Nural Enterprise Sdn Bhd 4,120,000 7) Staffield Country Resort Berhad 810,000 8) Berjaya Bright Sdn Bhd 13,690,000 9) Berjaya Retail Sdn Bhd 3,191,800 10) MOL.com Sdn Bhd 523,000 11) Lim Kim Hai Sales & Services Sdn Bhd 750,000 12) B & B Enterprise Sdn Bhd 1,400,000 13) U Telemedia Sdn Bhd 2,000,000 14) Convenience Shopping (Sabah) Sdn Bhd 2,900,000 15) Redtone International Berhad 700,000 ------------------- 196,851,720 =========== Announcement Info Company Name BERJAYA FOOD BERHAD Stock Name BJFOOD Date Announced 30 Dec 2019 Category Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016 Reference Number CS2-30122019-00111 30/12/2019 8:17 PM Victor Yong very likely, only bjfood and bjtoto ada dividend and analyst coverage, other berjaya companies are penny stock, takda analyst coverage & takda dividend :) VT hanya care for these 2 only probably :) @Najib Zamry You will see BJ Food flying tomorrow. Mark my words 30/12/2019 11:06 PM Victor Yong - 30 Dec S&P500 looks set for record annual gains; Dollar suffers sharpest decline since October 1. US equities ended Friday mixed, DJIA and S&P500 continues to make new highs, Nasdaq ends 11-day win streak 2. Global indices gained over the past week as investor sentiment picked up. Nasdaq led the US while the Hang Seng led Asia in weekly gains 3. In the forex market, the dollar fell sharply against major currencies as risk appetite in markets grew 4. Gold and silver both suffered losses 5. US two-year treasury yields fell 5bps on Friday. 6. Asian stocks drifted lower on Monday morning but looks set to make strong annual gains in 2019 7. Trading volumes is expected to remain low this week thanks to the New Year's holiday 8. Focus of the week: China NBS Dec Manufacturing PMI (Tuesday), China Caixin Dec Manufacturing PMI (Wednesday), ISM Dec Manufacturing PMI (Friday), FOMC Dec Meeting minutes (Saturday) 31/12/2019 7:55 AM Victor Yong Bjcorp wanted to buy more today? Tak cukup Banyak? :) Major shareholders: Berjaya Corp. Bhd., UBS A/G London, Norges Bank 42.6% 5.3% 5.2% 31/12/2019 8:39 AM Victor Yong 30/12/2019 1.36 27/12/2019 1.36 26/12/2019 1.36 24/12/2019 1.37 23/12/2019 1.35 20/12/2019 1.36 19/12/2019 1.39 18/12/2019 1.39 17/12/2019 1.40 16/12/2019 1.39 13/12/2019 1.39 12/12/2019 1.39 11/12/2019 1.39 10/12/2019 1.41 09/12/2019 1.41 06/12/2019 1.39 05/12/2019 1.38 04/12/2019 1.38 03/12/2019 1.38 31/12/2019 10:12 AM  Gtrade Berjaya Food own STARBUCKS CHAIN. REVENUE 791M, one cup of coffee 15 rgt. Profit margin at least 50%? See how much profit declared.... 15.9m..... About 2%..Can you accrpt Star buck only produce 2% profit? 14/01/2020 11:37 PM Victor Yong ya, just grab, VT will join u soon probably :) TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN 10-Jan-2020 Acquired 50,000 0.000 View Detail TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN 09-Jan-2020 Acquired 50,000 0.000 View Detail TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN 08-Jan-2020 Acquired 50,000 0.000 View Detail TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN 07-Jan-2020 Acquired 100,000 0.000 View Detail TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN 06-Jan-2020 Acquired 100,000 0.000 View Detail TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN 26-Dec-2019 Disposed 2,000,000 0.000 View Detail BERJAYA CORPORATION BERHAD 23-Dec-2019 Acquired 20,000 0.000 View Detail BERJAYA GROUP BERHAD 23-Dec-2019 Acquired 20,000 0.000 View Detail JUARA SEJATI SDN BHD 23-Dec-2019 Acquired 20,000 0.000 View Detail TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN 23-Dec-2019 Acquired 20,000 0.000 View Detail BERJAYA CORPORATION BERHAD 20-Dec-2019 Acquired 220,000 0.000 View Detail BERJAYA GROUP BERHAD 20-Dec-2019 Acquired 220,000 0.000 View Detail JUARA SEJATI SDN BHD 20-Dec-2019 Acquired 220,000 0.000 View Detail TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN 20-Dec-2019 Acquired 220,000 0.000 View Detail BERJAYA CORPORATION BERHAD 19-Dec-2019 Acquired 160,000 0.000 View Detail BERJAYA GROUP BERHAD 19-Dec-2019 Acquired 160,000 0.000 View Detail JUARA SEJATI SDN BHD 19-Dec-2019 Acquired 160,000 0.000 View Detail TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN 19-Dec-2019 Acquired 160,000 0.000 View Detail BERJAYA CORPORATION BERHAD 18-Dec-2019 Acquired 340,000 0.000 View Detail BERJAYA GROUP BERHAD 18-Dec-2019 Acquired 340,000 0.000 View Detail JUARA SEJATI SDN BHD 18-Dec-2019 Acquired 340,000 0.000 View Detail TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN 18-Dec-2019 Acquired 340,000 0.000 View Detail TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN 18-Dec-2019 Disposed 1,410,000 0.000 View Detail BERJAYA CORPORATION BERHAD 17-Dec-2019 Acquired 49,800 0.000 View Detail BERJAYA GROUP BERHAD 17-Dec-2019 Acquired 49,800 0.000 23/01/2020 3:42 PM Victor Yong BJFOOD (5196): BERJAYA FOOD BHD - Overview | I3investor BERJAYA FOOD BHD Last Price Today's Change 1.28 -0.02 (1.54%) Board: MAIN Sector: Consumer Avg Volume (4 weeks): 307,931 4 Weeks Range: 1.26 - 1.38 52 Weeks Range: 1.26 - 1.81 Average Price Target: 1.69 Price Target Upside/Downside: +0.41 Berjaya Food Bhd is an investment holding company. Through its subsidiary companies, it focuses on development and operation of restaurant and cafe chains and retail outlets in Malaysia and other Southeast Asian countries. The company is engaged in the operation of the Starbucks coffee chain of cafes and retail outlets, development and operation of the Kenny Rogers Roasters chain of restaurants featuring rotisserie-roasted chicken as core product and sale of food and beverage in Malaysia. It operates in Malaysia, Indonesia, Singapore and Other Southeast Asian countries of which majority of the revenue is generated from Malaysia through the sale of food and beverages. Date Close 22/01/2020 1.30 21/01/2020 1.30 20/01/2020 1.29 17/01/2020 1.31 16/01/2020 1.29 15/01/2020 1.31 14/01/2020 1.33 13/01/2020 1.36 10/01/2020 1.38 09/01/2020 1.28 08/01/2020 1.29 07/01/2020 1.35 06/01/2020 1.35 03/01/2020 1.33 02/01/2020 1.38 31/12/2019 1.38 30/12/2019 1.36 27/12/2019 1.36 26/12/2019 1.36 23/01/2020 4:12 PM Victor Yong KUALA LUMPUR (March 15): CIMB IB Research has maintained its “Add” rating on Berjaya Food Bhd (BJFood) at RM1.51 with a higher target price (TP) of RM2.23 (from RM1.91) and said BJFood’s 9MFY4/19 core net profit of RM22.3 million was ahead of expectations, at 89% of house and 85% of Bloomberg consensus full-year estimates. In a note March 14, the research house said the strong 41.9% year-on-year growth in 9MFY4/19 core earnings was propelled by strong Starbucks performance, and a turnaround in its KRR business. “Maintain Add, with a higher TP of RM2.23 (24x CY20F P/E),” it said. 24/01/2020 8:06 AM  James Yeo BJFOOD analysis - https://www.smallcapasia.com/why-i-like-berjaya-food-berhad-5196-kl/ 28/01/2020 3:34 PM James Yeo BJFOOD analysis - https://www.smallcapasia.com/why-i-like-berjaya-food-berhad-5196-kl/ 28/01/2020 3:35 PM Jeffreyteck Est will below 1 unless bull returns. Same fate as Bjcorp and Bjland. 08/02/2020 3:08 PM RainT i am queue to buy at 1.18 in the view of share price near 1 year low so higher margin of safety also i am looking forward for BJFOOD to dispose off the KRR biz as it is a drag to BJFOOD profit my hope is only on Starbucks biz only 14/02/2020 10:26 AM roszali Najib: Tengku Adnan became rich in the 1990s Saturday, 07 Mar 2020 PETALING JAYA: Datuk Seri Tengku Adnan Tengku Mansor (pic) acquired wealth as he held shares in various companies back in the 1990s, says former prime minister Datuk Seri Najib Razak. Najib said the former federal territories minister acquired his wealth as a business partner to Tan Sri Vincent Tan. He added that Tengku Adnan also held shares in news publishing and telecommunications companies. Najib shared this information via an excerpt of “Malaysia’s political economy: Politics, patronage and profits” by economist Edmund Terence Gomez. “In the early 1990s, the Malaysian stock market was bullish. “It was then when he acquired his wealth, ” he said in a Facebook post yesterday. Najib said during that period, the prime minister was Tun Dr Mahathir Mohamad while the finance minister was the “future prime minister”, alluding to Datuk Seri Anwar Ibrahim. “That is why there is a need to ask both of them if you want to know how did Tengku Adnan become wealthy. “When he was rich with an asset of almost RM1bil, Tengku Adnan only then was elected as a deputy minister from 2001 by the fourth prime minister, ” he said. Tengku Adnan, who is Umno treasurer, was charged with accepting RM2mil from businessman Tan Sri Chai Kin Kong. His defence team is trying to prove that he did not need a bribe as he was already wealthy. 08/03/2020 10:21 AM  | |
