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2014-12-08 19:03 | Report Abuse
However, SAB decided not to sell that piece of land. SAB just plant new oil palm tree at that piece of land, so for the next 5-10 years, SAB will not sell that piece of land.
After 10 years, the piece of land will worth at least RM150 per sqft. So you will get additional RM30 per share. However, at that time, a pack of Nasi Lemak selling at road side might cost you RM15, so your RM30 per share will enough for you to buy 2 pack of Nasi Lemak.
2014-12-04 20:28 | Report Abuse
Added another 100,000 unit at 0.21 - 0.23 area.
2014-11-30 12:27 | Report Abuse
Can someone here explain the relationship between "Amount owing by contract customer" and "Amount due to contract customer"?
Example 1:
If today the company secure a project, and customer has pay RM100 million as a deposit / down payment. Would this classified as "amount due to contract customer?
If today company start the construction work but not reach to progress billing stage yet, would it classified as "Amount owing by contract customer"?
Then it what scenario we will have accured billing?
When would the contrsuction recorgnise as Revenue?
When it being recognised as revenue, would the "Amount owing by contract customer" re-classified become trade receivable, or it become accrual billing?
So confuse... so confuse.
Anyone can provided a detailed explanation for the above question?
2014-11-25 17:49 | Report Abuse
Datuk, TP RM0.7 is by December or January or February?
Kikikikiki
2014-11-25 17:48 | Report Abuse
In reality, good can be bad, bad can be good.
In bursa, sell can be buy, buy can be sell.
In accounting, asset can be debt, debt can be asset.
In financial, profit can be loss, loss can be profit.
Some director like to take money from company and transfer to his own pocket.
Some director like to trade on his own stock, and make profit from buy sell buy sell.
Some director just sit on the board and take salary every month.
Some investor said kikikiki
Some investor said Booo Chow CCCCC
Some investor said Buy Buy Buy
Some investor said Sell Sell Sell
2014-11-25 12:24 | Report Abuse
sbzk, if we only hold few lot, then no need to worry la. But if we hold few kk lot, of course we are worry.
2014-11-25 11:57 | Report Abuse
But Dato Wira is repeating the same word, blar blar blar.
He keep on saying he is confidence the CMS CCTV will generate huge recurring income.
He keep on saying he is confidence that Digistar will secure project for the DTTB.
He keep on saying currently he already have 5000 customer for the CCTV, but for everyone here that has follow up Digistar news, we all know that the 5000 customers is acquired from a existing CCTV company. DIGISTA paid very high price (almost 10 times of book value) to buy over 70% share of the exsiting CCTV company.
So, conlcusion, no one know whether Dato Wira is telling the truth or not.
2014-11-25 11:50 | Report Abuse
Last week The Edge Weekly got full page interview with Dato Wira.
Last week lo, not this week.
2014-11-24 20:07 | Report Abuse
Hi lchits, I'm still here.
Based on the fact and figure I have, my optimistic prediction is:-
Revenue > RM25 million
Profit > RM 3 million
However, my pessimistic prediction is:-
Revenue > RM15 million
Losses > RM 2 million
2014-11-24 10:36 | Report Abuse
Calvin Tan, I'm not sure whether I'm right or not, but based on my understanding, although the 3.5 million Facebook is owned by MOL, but it is not park under MOLG.
So, MOLG is purely a 100% e-payment company, it doesn't owned Facebook.
Facebook is kept in another VT private vehicle, it has not been injected inside MOLG.
2014-11-23 12:02 | Report Abuse
Although Efficient is a good n stable company, but now the pricing is over the value d, why you guy still buying?
EPS 0.20 sen per quarter, maximum is 1.00 sen per for FY2014, and maximum 1.25sen for FY2015.
Based on maximum EPS above, and market PE of 15 times, the target price for FY14 and FY15 should be 15sen and 19 sen?
Now is 36 sen? Why you guys are still buying?
Do you think EPS will growth from 1 sen to 2.5 sen within 1 year? If not, thenwhy you are still buying this?
2014-11-21 11:46 | Report Abuse
today datuk not around, that why the BJcorp volume so low.
2014-11-20 08:23 | Report Abuse
always_steady, the huge loss in that quarter is just a impairment loss, due to the deal that VT sold 20% of Times Square to Sultan Johor at lower than book value price.
For example: You bought a piece of land at RM1,000,000 (RM100,000 per arce) . After 10 years, actually the land is already worth RM10,000,000 (RM1,000,000 per arce), but since you never re-value it, so in your account it is still carry at RM1,000,000. One day, your father force you to sold 20% of your land to your mother, at RM120,000 (RM60,000 per arce). Since they are your parent, so you force to sell the 20% at RM120,000, which is 40% much lower than your original price.
After you sold it, then your accountant told you that the latest transaction is RM60,000 per arce, and since my account still got 8 arce, so the market value should be 8 x RM60,000 = RM480,000.
However, in my account, the land is still carry at RM800,000, so my accountant for me to make an impairment loss of RM320,000 in this quarter.
So now your understand why BJCORP loss RM250,000,000?
If today times square sold another 10% to someone at current market value, then maybe you will see a huge gain of RM1bil at anytime.
2014-11-19 18:23 | Report Abuse
I like this quote:-
DIU NIA SING...BUYBUYBUY….BUY YOUR LOU MOU CHEE BUY arrr….
2014-11-17 18:18 | Report Abuse
Where is datuk? Few days didn't saw his comment.
2014-11-13 09:24 | Report Abuse
Sorry, is USD 8.40, RM28 per share
2014-11-13 09:23 | Report Abuse
MOLG this two days shoot up a lot.
Yesterday closed at USD0.84, which is equal to RM2.80 per share.
Market cap USD 567m, which equal to RM1.87billion.
2014-11-04 19:55 | Report Abuse
DIGISTAR ---- Digistar --- digistar --- ........
ALBUKHARY --- Albukhary --- albukhary --- .......
Syndicate press it until we all become flat d.
2014-11-04 19:51 | Report Abuse
Don't worry, this month GSB will launch the Klang landed residential project.
In Klang, as long as it is a landed property, plus Gated and Guarded concept, 100% will be fully sold.
Provided that it was not overprice than the big developer (i.e. WCT bukit tinggi, GAMUDA botanic, IOI Bandar Puteri, KSL Canary garden)
2014-11-04 12:23 | Report Abuse
If the private placement is for goreng purpose, so after the private placement, they will start goreng, and price will be go up.
But if the private placement is really for cash flow purpose, then it is not related to the share price, the share price up or down is depends on the business result.
2014-10-27 12:58 | Report Abuse
Alpha Trader, your SAMUDRA abandon ship oredi?
2014-10-17 10:15 | Report Abuse
lchits, are you sure???? You hold more than TEN Million mother share???
You must be a very rich guy, or you must have some relationship with Dato Wira.
2014-10-17 10:04 | Report Abuse
3 months period is too long. For example, last month Sumatec highest at 62sen... If we wait 3 month to confirm whether 62sen is the highest price, by tat time, sumatec already drop to 30 sen.. too late d.
2014-10-16 17:44 | Report Abuse
Hi lchits, are you still okay? Still survive? I'm a bit worry about you.
2014-10-15 23:12 | Report Abuse
Let me share some of my experience here.
In 2007/08 US crisis, when the share market start to drop 2-5%, many people still buying, no one believe crisis is coming, everyday they average down, and no one willing to cut loss, everybody full hand with stock. Wait until market almost drop 15% - 20%, then only people start to realise that something is not right.
In 2010/11 europe crisis, when market start to drop 5%, many investor quickly cut loss, only some newbie get hand burn during the period. Since every investor are so smart, and everybody hold cash on their hand, market start to rebound, and all the money went into market again.
In 2014 crisis, when market start to drop 2-3%, many investor (especially those who encounter 2007/08 crisis) start pull hand brake, take profit or cut loss, all choose to holding cash (minimum 60% cash in hand).
Now, you tell me, will the market continue to crash like 2007/08, or it will be round like 2010/11?
2014-10-12 22:05 | Report Abuse
Hi all, this afternoon I just went to visit Rimbayu Project. From Kota kemuning go to Rimbayu, you will passed by SAB estate.
It was a beautiful land, huge and nice. Now it was planted with some infant oil palm tree.
So now I believe that for the next 5-10 years, SAB will not sold the land.
But if let say the economy is going well, not property crash, and Ecoworld, IJM and Tropicana has developed that area to become a vibrant city, LRT conneced to that area.
Then at that time, I believe SAB land are worth RM350 - RM500 per square feet.
Hahahaha...
2014-10-10 11:03 | Report Abuse
Agreed with loklok and cwts, the comments of "these group of people" memang tak boleh pakai punya.
When BJcorp up, they claim they have make how many kk of money,
when BJcorp down, they claim again the have make how many kk of money
when BJcorp rebound, again they claim they make money,
when BJcorp down again, again again they claim they are laughing to the bank.
I think they live in a world of their own imagination.
2014-10-09 23:50 | Report Abuse
Based on MOL price of USD10.60, the market cap for MOL is worth USD207mil, which is equivalent to RM650mil.
If BJCORP owned 37% of MOL, that mean there is another RM230mil value of quoted share to be appear in BJCORP book (before listed, MOL worth nothing much in BJCORP book, because this type of IT company do not have tangible asset to be value).
But now since it is listed, the value of RM230mil can be appear in BJCORP book.
2014-10-09 12:04 | Report Abuse
Wow, we got strong hand like cwts to take over the stock from weak hand grandma.
Good sign!!!
2014-10-09 09:24 | Report Abuse
if not mistaken, MOL Global will be listed tonight!
So, it is the time to accumulate more BJCORP.
2014-10-08 19:41 | Report Abuse
Based on the current market sentiment, a good new might not able to lift the share price.
2014-10-08 18:05 | Report Abuse
I believe everyone should be very upset today, so as me.
Now, it is not the time for us to sell for profit taking or cut loss.
It is the time for us to find more spare money, to standby for market crash.
In year 2008, the market crash has hit me very very bad.
My net worth from positive become negative few hundred thousand.
The lesson I learn from that crisis is:-
1) Make sure you have the holding power.
As long as you have the holding power, you can ignore the share price.
The drop in share price is just a temporary illusion that make you confuse, as long as you are still holding the share, the price will come back one day (provided that the company has good fundamental).
For example:-
I bought 500k unit of XXXX at 26 sen in year 2007, then it drop to 9 sen during the financial crisis.
I know it is a good stock, because I don't have the holding power, I had no choice but to cut-loss.
If I had the holding power, I don't look at the share price at that time, when come to end of year 2010, it went up to 46sen.
That mean, instead of losing 85k, I suppose to gain 100k.
That mean, in total i lose 185k.
That mean, if I had the 185k, I could even make more money in year 2010, 2011, 2012, 2013.
That mean, actually I lose more than few hundred thousand.
So now, what you need to do now is start raising fund to protect yourself:-
1) Refinance your house (but the procedure might take you few month)
2) Apply for personal loan (fast but interest quite high)
3) Apply credit card (nowadays many credit card provide cash facility)
4) Raise fund from friend & family member.
5) Collect money from your debtor (provide them some discount for early payment)
If let said market did not crash, all your counter went up to the previous level, you should even happy, as i believe the gain must be higher than the cost you incurred for raising the above fund.
2014-10-08 09:24 | Report Abuse
Mejar, please start share buy back.
2014-10-03 08:59 | Report Abuse
Sure wont go wrong to follow a Malay Director that keep buying share of a Chinese controlled company.. Everybody know la, there must be some kangtao there.
2014-10-03 00:21 | Report Abuse
Billionaire investor Warren Buffett told CNBC on Thursday he bought stocks in Wednesday's big selloff.
Buffett said he likes to buy stocks when they go down, not when they go up. "The more [the market] goes down, the more I Iike to buy." He added that trying to time the market by buying and selling individual names often is a "fool's game."
2014-10-02 21:48 | Report Abuse
Tomorrow I will load extra RM20,000 into BJCORP, hope some WEAK HAND willing to sell it to me at lower price.
kikikikiki....
2014-10-02 21:46 | Report Abuse
VT are busy for his MOL IPO Roadshow this two weeks.
Since MOL is the first Malaysian company to be listed in US, I believe it will sure attract a lots of investor attraction.
Then slowly they will discovered VT flagship company - BJCORP is the most under-value company in Bursa Malaysia.
Remember, MOL’s roadshow will end on October 7 and pricing is scheduled on 8th october (wednesday).
So on 9th October (Thursday) morning 9am, you will see BJCORP share price shoot up to more RM0.65.
Huat ar!!!!!!
2014-10-02 19:33 | Report Abuse
See the announcement made in Bursa.
It seems like not a good news.
2014-10-02 19:23 | Report Abuse
[DIGISTAR], another super hidden gem stock discovered by Calvin Tan.
Did you guys know 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!!!!
2014-10-02 19:20 | Report Abuse
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!!!!
2014-10-01 22:20 | Report Abuse
GSB will surge anytime. Put on your seat belt....
2014-10-01 22:18 | Report Abuse
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.
2014-10-01 19:04 | Report Abuse
Dato Wira again make all his investor worry... Come on Dato, wake up lo.
2014-09-30 20:29 | Report Abuse
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??
2014-09-30 20:25 | Report Abuse
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.
Stock: [BJCORP]: BERJAYA CORPORATION BHD
2014-12-23 16:55 | Report Abuse
Do you think result will out tonight?