I heard many Singaporean investors got conned by China listed companies in their stock market !!

So far in KLSE, how many listed China companies have absconded with and cheated Malaysian shareholders' money ?

I think the minority can gang up and write a letter to major shareholder Mustapha to change the CEO !
This is basic rule in corporate world :- if your CEO can't perform or incompetent, please sack them ! get a young and vibrant CEO who might have more corporate activities in order to add value to their valuable lands !! They have so huge land in Damansara, can easily sell or JV with prominent developers to realize value !!
Mr Lau is too conservative and good in talking cocks and slow in action !
I think Nemesis can do a much better job as CEO than this Lau-sy Lau !!!!

Very good point by SELL !
Unless you yourself understand their business modal or their technology advantage, don't blindly invest !
Past performance does not guarantee repeating future performance ! Especially for technology !
It can change very fast. Once a new technology comes out, it can simply wipe off those old one and push those can't adapt to change to bankruptcy !!!
This is more a goreng counter rather than fundamental one

Dividends ?? Slow slow wait lah .....
This company is stingy with paying cash dividends !
I note they have accumulating their own shares by buy back, maybe distribute dividend in share in the near future !!

Big ? 1 bil to VT is equal to " sup sup water" !!
I sense that penny stock goreng theme is back recently, syndicates (big, small, giant type) all targeting under value penny stocks now !!
Sit tight and enjoy the rides for weeks to come !!

Nemesis, sit tight ! I guess next few weeks could be interesting for this counter !!

yesterday could be syndicates collecting or creating false volume and giving signals to retailers to jump in !!

recently most penny stocks got goreng-ed again !!
Next syndicate's theme play !? BJ Corp could be next !
grab some before it flies to 50-60 again !!

volume increase !! syndicates targeting penny stocks recently !
Could be next counter to be goreng-ed !

This counter you supposed to buy and keep in your freezer and can only dig it out 5 years later and will be shock to learn that you make huge percentage of gain 1000% and beat 99% of the day traders/ punters who might already be wiped out by the syndicates !! hahaha

I place my buy order at 10 cents now, still waiting

Whole day only smart-tuk commenting not stop here !

If i3 investor admin organize a competition for "best blog written in I3investor", I can guarantee you Leno will get no.1 ..... by counting from the bottom !
Ha ha ha

Very smart analysis from intelligent Hng33 !
What does that mean then ?
Causing loss to BJ land , which will reflect in BJ corp s account.... then himself support BJ corp ?
????? Can anyone knows what this cunning man is up to ??

Who knows ? Next financial year, con king can just write off RM1.00 from their NTA as impairment and then all hell breaks loose !!!!

I check their price record from DynaQuest Book, BJ Corp ever touched 10 cent in early 2000 !!
If you think 35 cents is the bottom, think and research further !!!

Vincent Tan, no conman ever admit himself is a conman .
If you straight away tell the public you are a conman, you can't even con a single cent man.
A succeessful conman is those who tell others he is not a conman and yet successfully con billions from others.

Many retailers got trapped with this conman's stock now want to cry also no tears !!
wu wu wu wu ...... :( :(

This is another coma stock ! Jiat lat !!!

Jiak lat liao !!
All strong BJ corp supporters
eg. Promote too strongly until being called Sing Con Calvin Tan,
everyday Bo Cow Cccc Idiot Leno,
Smart-tuk aka dumb-tuk misai datuk etc
Many more minority here got trapped in this pirate ship can't jump off ....
semua senyap senyap licking wounds in Holland already !!
Ini BJ Corp binasa manuasia tidak shallow ! 害人不淺
Wu wu wu Wu ( bunyi tangisan)

This last quarter will annouce loss at least 4 cents ? Like last year
Mostly from impairment loss, as hng33 pointed up, there is huge goodwill amount in their book , can be very misleading, if the goodwill need to impair or write off every year, the NAV might be as low as .... ??

Price will touch 10 cents soon !!!

Thanks for sharing your method of investment analysis !
Mr. Koon, keep it up and write more to educate novice like us !

One final and vital question to hng33 :- haha, do you agree with Calvin Tan that BJ corp is Asian Berkshire Hathaway ?
( I think many long suffering minority like to find up too !)

I see, hng33 .....
You are the best !! ( thumbs up)

Very good analysis by hng33 in terms of accounting !
Do you think their account is genunie enough, in the sense that , no foul play with accounting figure, loopholes or even cooking their books ?!

I think they don't announce dividend in AGM, that's why the price drop !
What for showing paper profit ? Investors might doubt it, can see but cannot eat !!

Hello sifu Hng33, have been looking for you to answer this technical question :-
I notice that VT now hold almost 23% + directly of BJCorp, 24% + indirectly , total direct & indirect holding = 48% BJC
Does that mean if VT purchase 2% more and exceed 50% shareholding, he must make mandatory offer to minority at a xx price ?
Please teach us , thank you !

Jiat Lat lah !! Nobody attended the AGM yesterday ? so quiet here ?

Hope that next week result announcement can be good or even surprise high dividends so that I can jump off this pirate ship safely !

The consequences of the following members by involving in BJ Corp :-

Calvin Tan :- previously recommended too heavily on this counter until being treated as Sing con or lousy investor and now need to promote other stocks in order to make good his reputation !

Leno :- Bo Chow Ccccccc and then Bo Jeep Cccccc too often and making wrong call too many times until need to hide to nowhere in order not to be walloped by I3 investor members !!
I also suspect he got badly burned in BJ Corp and hiding from Ah Long or bank's collectors now !!

Datuk :- Sometimes be a Smart-tuk by calling buy and sometimes Dumb-tuk by calling sell BJ Corp until most i3 investor members can't trust his calls anymore !!

conclusion :- BJ Corp really a Conman's counter No.1 in Bursa Malaysia !! Whoever touched it or mentioned it will SURELY go Holland !! Me included ! Trapped in this pirate ship and being forced to check this forum from time to time and HOPE for new development to jump off this Con King's pirate ship !!!!!!!
Ha ha ha !!!!

Calvin Tan said :- if Datuk keeps buying BJ Corp, he is a smart-tuk !
hahaha, hope smart-tuk is right !!

Today heavy selling !! Jiat lat Liao ! Result maybe no good !!!!

25th June is their AGM, anybody here attending ?
If you attend, please pressure the management to declare good dividends to us !! Haha

KC s value investing knowledge sharing and writing is the best in i3 investor, very good for youngster and beginner to learn and be guided the correct way !
After reading most of his analysis and write ups , I don't even hesitate a second, straight away emailed him, paid him the full package fee (incredibly cheap) and joined his private course !!
Keep it up , KC !

Mustapha Kamal don't buy to support the price, Kasi don't sell to whack down the price make it more under value, no news of selling lands, no news of new housing developments .....
This counter will stay coma ..... for ages liao !!

Let's analyze further ,
market price now 40 cents plus, outstanding shares not own by Con King is around 2.1 billion, if he offer 50 cents to take it private , only need RM1.05billion (sub sub water to him, don't forget he can recover this cash easily by selling just a fraction of the BJ corp 's investment) ....
Or maybe minority of 52% object to 50 cents price, even if he raises the price up to RM1.00, it only cost him RM2.1 billions ( again this cash can easily be covered by cash or cash equivalent in BJ corp) ?
Possible scenario ?

my recent research revealed that Con King in fact hold quite substantial % in BJ Corp :-
Latest filing shows he holds 23.85% directly and 24.23% indirectly, total 48.08% , close to 2 billion share !
Does that mean if he keeps buying until more than 50% (direct & indirect), he must offer mandatory take over from minority ??
Calvintan, I know you know nuts about accounting and not intelligent to answer this question, (haha), so this question would like my favorite accounting Si Fu Hng33 to assist !
Thank you in advance !

This question can be crucial to minority, if the price keep staying undervalue vis a vis its estimated market value of assets (can be 10 times more), do you think con king will eventually offer to take it private ??

So accordingly to your logic , FYE 2015-4-30, DPS at least 9 cents ?
BTW, did they really pay 9 cents (cash) in 2008 ? Bursa official site did not have this record ?
Any cunning share restricting, swapping stocks etc by then ?? (I heard this is what this con king is good at !)
I note they like to pay dividend in share of BJ Media etc past few years but offer to investors to pay 0.70 cents for BJ Auto (still good investment)

If smart-tuk keeps buying 50kk per day, the price will surely reach RM1 in a month !
Smart-tuk, pls rescue us all from being trapped in this pirate ship !

Investing public keep ignoring this company also Jiak lat !!

Datuk very keen to dance tango with ' Lim Chin Xia ' one you know ?
He once told me before ! Haha

If Datuk calls for buy, he is a smart-tuk, if he calls for sell, he is a dumb-tuk, right Calvin ?
Hahaha

Warren buffet accumulating now ??

BJ Corp is a company for value investor !
According to Calvin Tan, Sooner or later Warren Buffet will come to Malaysia and wallop all BJ Corp share at offer price of RM2.00 !!
Am I dreaming ?? Hahaha

No hope already lah for BJ Corp !!
Many investors are forced to hold like Warren Buffet !
That's why it is the Berkshire Hathaway of Asia !! Hahaha ...
See you in 5 year time ..... or 10 years !!!

Can it fall to 10 cents again ?

another conman 's counter ??

Con King is going to press down the price for him to collect at dirt cheap price !!!
many retailers will be barbecued to become black chicken !!