Calvin Tan, do you aware that Secret Recipe Cakes and Bakery Sdn Bhd is holding Digistar?

Check out the Annual Report, and you will see Dato Steven Sim Leong Thun name is appeared as one of the main shareholder in Digistar.

If you don't know how powerful is secret recipe, let me tell you here.

Secret Recipe has more than 300 outlet across Malaysia and Asia.
Imagine each outlet produce cash flow of RM3000 per day.
300 outlet is equal to RM900,000 per day.
300 outlet is equal to RM27,000,000 per month.
300 outlet is equal to RM324,000,000 per year.

Even myself is wondering why such a successful bakery buying Digistar's share.

Any hidden gem hide inside Digistar Corp??

Or Secret Recipe plan to take over Digistar for back door listing??

Erm....... maybe our expert Calvin Tan know!!!!

GSB will surge anytime. Put on your seat belt....

lchits, don't worry, your target price is not a dream.

Digistar has RM250million construction project on hand.
Digistar Melaka Hotel RM150million is completed soon.
DTTB project RM800mil going to awarded soon.
CCTV CMS project is on the table.
Pinewood studio project will be more n more.
Money lending business start soon.
More acquisition is coming.

It is just a matter when Dato want to goreng it.

Digistar market cap is only RM100mil.

As long as Dato got intention to goreng, RM10 million capital can goreng it from RM0.30 to RM0.80 oredi.

Dato Wira again make all his investor worry... Come on Dato, wake up lo.

cyborg, why you choose not to believe the facts.

We already told you that the gain of disposal of BJAUTO of RM188mil was not reflected in the P&L.

if you include this gain, the Profit before tax for this quarter is RM388 million.

You understand or not???

Why you keep on want to cheat those newbie who donno how to read financial statement??

lchits, don't worry. Very soon your family will feel regret...

10 years ago also many people laugh at Jack Ma...

6 years ago my fren also laugh at me, because I have loss RM300K with RM200k debts to be paid.
At that time I was young, and every night I stay at room and blaming myself.

My salary was only RM3k, and this RM150k is all short term loan (i.e. amount owing to stockbroker, credit card, personal loan, fren loan).

But I never give up, I try all my best to settle all my loan, I never default anyone of my creditor, I pay them on them, I find side income, I study very hard on how to make money from stock market.

4 years later, i successfully settle all my old debts, and at the same time I have investment of RM200k, financed by a new debts of around RM200k.
All these new debts are good debts, that mean these are the debts that helping me to make more money.

And today (for year 2014), my salary income + passive income + business income + investment gain is almost RM200k per year.

Although RM200k is not a lot for some people here, but it is very meaningful for myself.

Because I know this RM200k will help me to generate more n more RM200k.

Actually I don't know why so many people here don't like Calvin Tan.

Personally, I like Calvin Tan.

I don't see any problem with the stock he promoted.

I don't know so far how many stock he has been promoted, but so far i appreciate him to reveal those GEM stock for us.

Example:-

PMCORP
GSB Group
BJCORP
DUTALAND

Whatever Calvin Tan sharing is based on fact, so I don't see any problem.

E.g. He said BJCORP director is keep on buying the ICULS. He is not cheating, this is the truth, everyday you login to Bursa malaysia website you can see the Malay Director is disclose what she is buying.

He said Golman Sach is holding BJCORP share. This is the truth, the annual report show Golman Sach is the top 10 shareholder.


So, tell me, what wrong with Calvin Tan???? What you guys hate him??

People though the stock move up from RM0.49 to RM0.585 is very high d.. But they forgot this stock was actually dropped from RM1.50 to RM0.47... so now RM0.565 is just 35% of its historical growth..

During the past 7 years, did BJCORP growth stronger or become worst than year 2007?
Did you see more n more starbucks, more n more Mazda car, more n more cosway...etc.

In year 2007, NTA is RM1, but share price is RM1.50.
In year 2014, NTA is RM1.3, but share price is RM0.565.

BJCORP own so many property and land, and you know the property price at least went up DOUBLE from 2007 to 2014. and the NTA is still reflecting the original cost value.

So why you think it is expensive now?

Today closing will back to RM0.585... then a lot of people will start regreting.

Good datuk... when you plan to buy back? hehe

See the number below, before you comments BJCORP:-

Fixed Asset reduced by RM42,000,000
Current Asset increase by RM230,000,000
Shareholder Fund increased by RM188,000,000

Up_down, agreed with your explanation.

Hi everyone here, sorry for the incorrect double entry provided just now. The correct double entry should be:-

Fixed Asset reduced by RM42,000,000
Current Asset increase by RM230,000,000
Shareholder Fund increased by RM188,000,000

SHHH SHHH SHHH..

Later Leno scold me again!

Noted leno..

We wil SHHHHHH SHHHHHH SHHHHH SHH SHHH

As we know the fact d..

BERJAYA CORP CANTEEEEEEEK!!!!!!!!!!

Kahhoeng, see my reply.

i call my fren who is a senior manager in audit firm, this is his opinion.

Agreed with Kahhoeng, the one of gain of RM188mil from disposal of BJAUTO was not reflected in the P&L, as BJAUTO is a listed company, the fair value is already reflected in the Balance Sheet oredi. That means, the double entry would be:-

Fixed assest reduced by RM230mil
Current asset (i.e.cash) increase by RM230mil

No change will be reflected in its P&L.

In other word, BJCORP actually did very well this quarter. The operating profit before tax is RM200 million. That mean, all business unit of Berjaya Corp (i.e. lottery, retailing, property, services...etc) is making profit.

Compare to last quarter (ignore the one-off impairment loss of RM227mil), the profit before tax was merely RM124mil only.

It means the operating profit is improved by 61% compare to last quarter.

LOL, The Edge reporter try to cheat public investor. They hope public investor let go their share so that they can buy more!

Hehehehehe!

Calvin Tan, can you please advise whether BJCORP has incorporate the RM188mil gain from placement of BJAUTO in current quarter result?

I have read through the entire report, but it didn't mentioned the one-off gain of RM188mil?

since the placement has been done completely on 20th May 2014 (kindly refer to announcement below), so the profit should be reported in current quarter result right? Why I can't find it?

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1629053

My friend told me today Chinese Newspaper Sin Chew got a special edition leaflet, and GSB has 1 page story there.

Normally this type of special edition leaflet is only for certain location only. e.g. Klang Area, PJ Area...

My fren is stay in Klang. So it seems like GSB take this opportunity to introduce itself to klang resident, and also to reveal that they are going to launch the semi-d and terrace house project in klang.

Cover your loss from BJCORP.

Please don miss the boat.

Super high risk taker can actually consider the Call Warrant. Especially BJCORP CR.. The gearing is very attractive.. 0.5 to 1. That mean BJcorp up 1 sen, the CR can up 2 sen.

Bones, also dont forget DIgistar Corp.. Sure will awarded big big project by year end.

I hate this type of company. It is just a way for them to transfer the money out from the company. This TSSB got nothing, except the piece of paper from the Fiji Government.

I never been to Fiji (i believe many of us also never been there), so it is very risky to believe that this TSSB will develop the City, how long it would take, what is the progress....etc.

This is even risky that those China company that claim they have few hundred million cash in bank account, their factory get burn but cannot claim insurance....etc.

One thing sure is RM24million will be transferred out from the company.

So in the Balance Sheet you will see:-
i) Cash redeuced by RM24mil;
ii) Fixed Asset - Goodwill increase by RM24mil (because this company got nothing)

afata08, you also here.
It seem like you have a very good nose, you can smell where got money.
Mari join bersama-sama.

Jack Leo, you hold 3,000,000 x 0.128 = RM384,000.
You are damn rich!!
I salute to you!!
You monthly salary must be RM50,000 per month!!

Anyone attend the AGM?

All the counters discovered by Calvin Tan has moved up one by one.

Last week is DUTALAND, this week is GSB, next week would be DIGISTAR? BJCORP??

Kikikiki...

Below are some information about Pinewood Studio:-

Pinewood Iskandar Malaysia Studios is a world class film and television studio facility, ideally located for the Asia Pacific region. It was constructed through the important strategic alliance of the world famous Pinewood Studios Group and the Government of Malaysia’s investment holding arm Khazanah Nasional Berhad.

Pinewood Iskandar Malaysia Studios offers 100,000 sq ft of film stages, internal and external water tanks with green screen capability, 24,000 sq ft of TV studios, 30 acres of backlots, 72,000 sq ft of production offices and workshops and state of the art digital post production facilities and services.


FYI, a lots of hollywood movie are produce by Pinewood, such as Jamesbond Skyfall, Batman the Dark Knight...etc.

khkyl, below are the total number of share purchased by Dato / Datin in the past 5 months:-

6:17PM DIGISTA Mejar (K) Datuk Wira Lee Wah Chong (300,000 units Acquired)
6:29PM DIGISTA Mejar (K) Datuk Wira Lee Wah Chong (100,000 units Acquired)
6:30PM DIGISTA Mejar (K) Datuk Wira Lee Wah Chong (403,400 units Acquired)
6:49PM DIGISTA Mejar (K) Datuk Wira Lee Wah Chong (1,350,000 units Acquired)
6:49PM DIGISTA Mejar (K) Datuk Wira Lee Wah Chong (1,035,800 units Acquired)
6:16PM DIGISTA Mejar (K) Datuk Wira Lee Wah Chong (85,000 units Acquired)
5:31PM DIGISTA Mejar (K) Datuk Wira Lee Wah Chong (500,400 units Acquired)
5:21PM DIGISTA Mejar (K) Datuk Wira Lee Wah Chong (359,700 units Acquired)
5:47PM DIGISTA Mejar (K) Datuk Wira Lee Wah Chong (1,421,300 units Acquired)
6:53PM DIGISTA Mejar (K) Datuk Wira Lee Wah Chong (297,500 units Acquired)
6:30PM DIGISTA Mejar (K) Datuk Wira Lee Wah Chong (166,900 units Acquired)
5:50PM DIGISTA Mejar (K) Datuk Wira Lee Wah Chong (1,488,200 units Acquired)
6:00PM DIGISTA Mejar (K) Datuk Wira Lee Wah Chong (500,000 units Acquired)
5:24PM DIGISTA Mejar (K) Datuk Wira Lee Wah Chong (1,287,200 units Acquired)
5:48PM DIGISTA Mejar (K) Datuk Wira Lee Wah Chong (817,600 units Acquired)
5:25PM DIGISTA Mejar (K) Datuk Wira Lee Wah Chong (200,000 units Acquired)
5:31PM DIGISTA Mejar (K) Datuk Wira Lee Wah Chong (1,360,400 units Transacted)
5:20PM DIGISTA Mejar (K) Datuk Wira Lee Wah Chong (1,180,000 units Acquired)

The above list is up to August 2014.

Take profit... Now jump to another ship - SYCAL. The engine just start.

Better to buy SYCAL, both fundamental and chart are very nice.

Everybody hope they can be the 2nd Boneschythe, or 2nd Dali.

Last time there are a group of people promoting SAMUDRA like no tomorrow, where are them now?

Are them making profit and counting money at home; or they have loss their money and crying at home?

Anyway, I still holding my SAMUDRA, and I believe one day it will move up to my TP RM0.75.

P/S: As long as I have the holding power, I can wait for the RTO, I never feel fear.

No doubt, Sycal is a good stock. Consistently making profit for the preceding 10 quarter.
NTA is >RM0.60.
Revenue and Profit increased consistently.

I'm not sure how much would be the TP, but I just know the current price of RM0.475 is a value buy.

Wantanmee, how can it be RED. The one-off profit from disposal of BJAUTO share is already more than RM100 million. Plus other profit from all its subsidiary, total profit for this quarter will exceed RM200 million. In order to make it turn into RED, you need to have a huge loss to offset the RM200 million gain. You tell me, in which subsidiary of BJCORP can incurred a RM200 million loss?

The loss for last quarter is another story, there loss is merely an fair value adjustment, because VT sold a portion of the Times Square at lower than market value price to Sultan Johor. So from accounting perspective, the auditor has to adjust the fair value of times square, and it resulted in impairment loss in BJCORP quarter result.

Where is the venue for AGM? Date and Time?

Once it break RM0.35, the short term TP is RM0.40.

Have faith in the coming quarter result. Gain from disposal of BJAUTO will be reflected in this quarter report.
This is not a few hundred thousand gain, it is few hunder million gain!!!

Digistar is a real star!

Many people don't like DIgistar, because the share price always one day show.

Many people don;t like Digistar, because they saw the company revenue and profit drop substantially for the past 2 years.

Many people don;t like Digistar, because they saw the share price drop from 60 cents to lowest 20 cents.


But if you understand their business nature, you will know why the revenue drop.

1) Their business is booming on year 2010-2011, where Astro Measat has spent a lot of money to upgrade their broadcast system. At that time, Digistar has secured a lot of project, and the profit margin is very good.

2) However, once ASTRO completed the system upgrade process, Digistar has suddenly facing the problem of no more project. According to the government plan, byright the DTTB project for RTM should be awarded since Year 2012. However, it has been delay until 2014.

3) Without any broadcasting project, Digistar has no choice but to diversified into other businesses.

4) Dato Wira is born in Melaka, and Dato predicted that Melaka property will be booming, and therefore Digistar has venture into property development business.The 1st project was a Service Apartment named "The Heritage". The selling price of this project is relatively high (it mean good profit margin), and Digistar managed to sold out 70% (balance 30% was due to Bumi Quota, and Digistar plan to keep it for recurring income (because the entire building will become a Hotel).

6) Subsequently, it secured a RM240million government construction project. It will build a building at Melaka for JKR, and it will received rental from JKR for a period of 15 years. This is a very good project with very good cash flow and profit margin for 15 years, that why UOB Bank has provide guarantee to the RM280million bond issued by Digistar. This RM280million bond has obtained the Grade AA1 from RAM, and many institution are very keen to subscribed for it.

7) Furthermore, it has secure some new project from Iskandar Pinewood Studio, as well as the Istana Johor updrade project.

8) Beside that, it has venture into the CCTV CMS project, named Panther 911. DIgistar has partnership with a Ireland company, to develop the CMS technology for Malaysia base customer. It has also collaborate with Digi Telecommunication to provide the 3G wireless for it CCTV CMS project. Panther 911 also being selected as one of the SAFECAM partner for PDRM.

9) Beside that, Digistar also secure 3 license from MCMC, this 3 licence will enable Digistar to provide more services that relevant to its broadcasting and IPTV business.


10) Recently, Digistar has acquired a existing CCTV company with 5000 customer base. This acquisition has enable DIgistar to immediate penetrate to the market with 5000 customer base.

11) Lastly, Digistar has recently secure a Money Lender License from Government.

Digistar Director has accummulated more than 12million share from the open market in the past few months.

And if you study the latest 2 quarter result, you will find that Digistar quarter result has significant improve in the recent two quarter.

Digistar coming quarter result would be even better, because it has just completed the Melaka Property Project and Pinewood studio project worth RM23 million.

Beside that, RTM will announce the RM860 million system updrading project, very high chances that Digistar can get a portion of it.

Monday Digistar will be hit new high.

Hi all, may I know is Berjaya Philippines is one of the subsidiary of BJCORP? Or it is privately owned by VT?

Jack Leo, you are rich!!!!

Always tell myself, patient will be rewarded. I have been digging this gold mine for so many of years, and I know sure there are multi-million treasure inside there. What I need to is just continue digging for another few more months.

Accumulation mode is on.. Tomoro push again.

Digistar, buy buy buy!

It is time to give up SUMATEC, switch to other counter. DIGISTA has just obtained the money lending license from KPKT, Q to Q result has improve 10 times, more good news will coming... Don't miss the opportunity.

This is only the first step... Dato will have more plan for Digistar... The MLM plan is the next step.. Dato aim to make Digistar become the Top 100 in term of market capital.

Calvintan, don't affect by datuk. Stick with your own plan, BJCORP is a very good gem. Result going to release soon. At least 200mil profit will show in this quarter report. Many insider that related to Berjaya has start accumulated BJCORP.. No one can confirm when it will shoot up, but at least we can confirm they are preparing for it.

DTTB project open for tender soon... Sure Digistar will get award at least 1 out of the 17 package.



– The Edge Financial Daily, August 18, 2014. -

MyTV Broadcasting Sdn Bhd will be launching its five core services for the digital terrestrial television (DTT) switchover in the second quarter of next year instead of after the analogue switch off in 2016, as originally intended.

The five services are TV and radio (both accessible via DTT broadcast), connected services, transaction commerce and soft services (accessible via broadband or 4G LTE).

MyTV chief commercial officer Haniza Ros Nasaruddin said the five services for the DTT project would be the key drivers of the company’s revenue.

“The five are a combination of the traditional revenue that’s now being applied in any other mature market and our own business model, which we are generating not just for MyTV but for content players to actually earn more on top of advertising revenue,” she said in an interview with The Edge Financial Daily.

“When it comes to the participation of viewers, there are some methods that we are going to introduce. The more it’s used, the more income will be generated,” she added.

MyTV chief operating officer Mohamed Redzwan Yahya said apart from advertising revenue, the company had worked out a number of other ways to collaborate with its subscribers.

“We offer subscriber management systems because we know who the owners of the set top boxes (STB) are, so we can work together with, say, a pay TV operator and go on a revenue share basis,” he said.

“We also have what we call a playout centre for new operators who do not want to invest in building a TV station but have content. This may be in line with broadcasters who want to go on retail, meaning they only want to transmit for a few hours a day,” said Redzwan.

MyTV cannot charge incumbent broadcasters like TV1, TV2, and TV3 for their services during the two year simulcast period — when both analogue and digital broadcasting services will be simultaneously available.

But new operators and content providers who have expressed interest in MyTV will not enjoy the same exemption.

“I can only say that the capacity we have may not be enough,” Redzwan said when asked who are the potential new parties that will subscribe to MyTV’s services.

MyTV is a special purpose vehicle set up by Puncak Semangat Sdn Bhd to build and operate the infrastructure and network facilities for the DTT project. Puncak Semangat is wholly-owned by the Al-Bukhary group, which in turn is controlled by tycoon Tan Sri Syed Mokhtar Al-Bukhary.
MyTV’s shareholders are Altel Holdings Sdn Bhd, Tan Sri Zainol Anwar and Datuk Abdullah Kadir Bacha.

The DTT project is part of a digital switchover initiative, in which analogue free-to-air broadcasting services will be replaced by digital transmission.

The initial migration to digital will be for government-owned and private stations, namely TV1, TV2, TV3, ntv7, 8TV, TV9, TV Al-Hijrah and Bernama TV.

Puncak Semangat was awarded the contract in April, beating REDtone Network Sdn Bhd and i-Media Broadcasting Solutions Sdn Bhd, which had initially raised eyebrows as many did not see Puncak Semangat as having the expertise to carry out the large-scale project.

To that, Redzwan said he was proud the core team responsible for the project was local.

“We know that other operators in Southeast Asia are looking at us and how we implement this. So there is that added pressure to prove that we can do it,” he said.

At the time of writing, MyTV was in the midst of finalising 16 or 17 tender packages for different components of the project, which would be opened for bidding possibly as early as the end of this month.

Digistar just announced that it has acquired a CMS company.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1731989

BJCORP is an Asset Play, and not Earning Play. Investor buy BJCORP is because they see value in the asset, not for the recurring income.

If investor are looking for Recurring income, then they should go for Maxis, Digi, Dutch Lady, F&N...etc this type of company. These types of company are generating recurring income every quarter, but their Net Tangible Asset are only 20% of their market capital.