Johor
The Group has 3 township projects in Batu Pahat
collectively garnering about 65% share of the
market. In addition, it is also the largest developer
in Kluang. It has various on-going projects in
Kluang and Johor Bahru.

a) Bandar Putera Indah
This 390 acres township is an up-coming
satellite suburb of Batu Pahat. The proposed
high speed rail linking Kuala Lumpur to
Singapore is expected to have a station
nearby thereby increasing the township’s
appeal. Double storey terrace houses are
reasonably priced below RM500,000 per
unit.
Total GDV is about RM1.1 billion. To-date
about RM120 million worth of properties
have been sold.

The Edge Financial Daily - January 5, 2016

Johore, Seremban developers to benefit most from HSR

It will definitely boost the land value of the areas along the line, says industry analyst

If no QA within 3 years, mother shares holders still get back money whereas warrant holders all habis,

http://www.thesundaily.my/news/1630478

BCB upbeat despite softer ringgit, market.

Elysia's focus is on small units , from 500 sf to 1000 sf, right products, I believe.

1st quarter results below expectation but quarters to watch out will be ending 31/12/15 and 31/3/16 with completion billing for Concerto and Home Tree. However, profit margin from operations and PBT improved from 16.2% to 23.4% and from 12.1% to 17.2% respectively. Wonder whether this is due to better product mix?
Going forward, billings should be from on going landed projects in BP and Kluang, condos at Elysia Medini as well as pending launches for Home Tree semi-Ds, linked houses, cluster homes as well as shop lots. in addition, there is pending commercial developments in the form of shop lots in Medini as well. Other than this, pending sales of unsold balance of about 175 million from Concerto will help, too.

Anybody going for AGM/EGM ? Right time to grill the directors on the direction of the company etc.

http://www.theedgemarkets.com/my/article/dolphin-proposes-bonus-issue-warrants

Hi FGP, what is your view on this stock split ?

Quarter ended 31/12/15 to be out in Feb 2016 and quarter ended 31/3/16 to be out in May 2016 should be very strong with the completion of Concerto and Home Tree.

Going forward, what will be very interesting will be the launching of semi-Ds, linked houses and cluster homes at Home Tree, Kota Kemuning. The original acreage was 151 acres with GDV of about 2 billion and the undeveloped balance is about 130 acres after the successful launch and completion of Home Tree Phase 1 in early 2016. Note that EcoWorld and Tropicana have launched their bungalows, semi-Ds and linked houses recently further inside Kota Kemuning and both reported strong sales.

Bursa approved share split.


SUBDIVISION / CONSOLIDATION OF SHARES (CHAPTER 13 OF LISTING REQUIREMENTS) BCB BERHAD ("BCB" OR "COMPANY") (I) PROPOSED SHARE SPLIT; AND (II) PROPOSED AMENDMENTS (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

BCB BERHAD

Type Announcement
Subject SUBDIVISION / CONSOLIDATION OF SHARES (CHAPTER 13 OF LISTING REQUIREMENTS)
Description BCB BERHAD ("BCB" OR "COMPANY")

(I) PROPOSED SHARE SPLIT; AND

(II) PROPOSED AMENDMENTS

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
We refer to the Company’s announcements dated 3 November 2015 and 4 November 2015 in relation to the Proposals.

On behalf of the Board of Directors of BCB, Public Investment Bank Berhad wishes to announce that Bursa Malaysia Securities Berhad had vide its letter dated 6 November 2015 (which was received on 9 November 2015) approved the Proposed Share Split.

This announcement is dated 9 November 2015.

Concerto, handing over by December 2015. Home Tree by 1st quarter 2016. Standard S & P states 20% final payment on handing over of keys. Therefore, we should be looking at 20% revenue from Concerto overall sales in 4th quarter 2015 and 20% revenue from Home Tree overall sales in 1st quarter 2016.
In addition, there should be contribution of 10 % progress payment from Elysia Medini and sales from Johore landed projects.

SUBDIVISION / CONSOLIDATION OF SHARES (CHAPTER 13 OF LISTING REQUIREMENTS) BCB BERHAD ("BCB" OR "COMPANY") (I) PROPOSED SHARE SPLIT; AND (II) PROPOSED AMENDMENTS (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

BCB BERHAD

Type Announcement
Subject SUBDIVISION / CONSOLIDATION OF SHARES (CHAPTER 13 OF LISTING REQUIREMENTS)
Description BCB BERHAD ("BCB" OR "COMPANY")

(I) PROPOSED SHARE SPLIT; AND

(II) PROPOSED AMENDMENTS

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
On behalf of the Board of Directors of BCB, Public Investment Bank Berhad wishes to announce that the Company proposes to undertake the following:

(i) share split involving the subdivision of every one (1) existing ordinary share of RM1.00 each in BCB held by the entitled shareholders of BCB on an entitlement date to be determined later into two (2) ordinary shares of RM0.50 each in BCB ("Proposed Share Split"); and

(ii) amendments to the Memorandum and Articles of Association of BCB to facilitate the implementation of the Proposed Share Split ("Proposed Amendments").

The Proposed Share Split and Proposed Amendments are collectively referred to as the “Proposals”.

Please refer to the attachment for further details on the Proposals.

This announcement is dated 3 November 2015.




Please refer attachment below.

Attachments

BCB Berhad Announcement - Proposed Share Split and Proposed Amendments.pdf
165.4 kB

Chairman buying daily, 220k,221k and yesterday 450k .

Good effort should be highlighted.

http://investguidance4u.blogspot.com/

What is the likelihood of better dividend that last year's ?

4th quarter results out next month. Based on last year, dividend was declared on same day as announcement of 4th quarter results. Lets hope for some good dividend this year considering 9 months profit already up 33 %.

Launching semi-D, cluster homes and linked houses soon.

https://www.facebook.com/www.hometree.com.my/photos/pcb.1012261152141307/1012259625474793/?type=1

Independent Adviser said MGO price Not Fair and Not Reasonable. http://www.bursamalaysia.com/market/listed-companies/company-announcements/4804853

Intra day. 100k shares still can make about rm 500 plus, have been quite consistent :)

Can buy at 79 and sell intra at 80 ? So far, have been quite consistent.

Haha, I mean the total shares to buy is about 130k to reach 80.5 sen. :)

Buy 130k will reach 80.5 :), but you wont know whether there are sharks behind the reef :)))

any chance of better offer?

142k available....

Looks like more people are getting smarter :)

Banking system still flushed with liquidity. Quite a number of research houses expecting a pick up in property sector soon. AmInvestment just called overweight on this sector.

Its ok, Kelvin. if you re read the announcement, the 507.5k was before ipo, ie on 5 June 2015.

HYJ as reported bought on 5 June 2015, before IPO. that means he didnt buy from market but from IPO allocation, please be more careful with your interpretation... may be misleading to others....

You are quite a character, Kelvinflxx, seeing all positive in all action :)))

Would this year be a real turnaround ?

Ya lah, the shrewd major shareholders like BCB Berhad taking company private at rm1.00.

what do you mean up 6 points?

And read about the ongoing River of Life project.

Have you been to the Eco World/ Tropicana land at Kota Kemuning ? Have a good look and then drive along the road where BCB land is located . And decide which is better. Remember the whole stretch of the BCB land is fronting the Klang River .

I agree with you, value investor . Precisely the reason why we should give the major shareholder the middle finger for their MGO price of rm 1.00

Till now still can't reveal what problem, it's not right to say company got problem without elaborating

Yes, you can keep the shares and ignore the offer.

Yes, but per the circular the listing will be retained . That means they will place out the surplus shares.

Volume surged the last few days may signal the end game, be careful.

Let's say after the exercise , the controlling shareholders owned 80%. Bursa requires them to sell to below 75% . The owners could either sell the excess above 75% to the market or arrange to place out ( sell via off market) to non related parties.

Even if owner gets more than 90% of the balance, the intention is to retain listing status. Therefore, he will place out some shares to comply with Bursa requirement.

Owner now controlled about 44 %, If owner gets more than 90% of the balance 56 % , then owner, by law will have the right to take over the balance shares that did not accept his offer at the offer price of rm1.00.

Otherwise, the listing status of the company remains as it is. The owner have further stated that they wish to retain the listing status.

Just dont curse and scold people when you buy and lose money. You are the one and only decision maker.

Need to be quick footed. Speculative trading is always exciting and one can get easily carried away with high and higher target...

1st quarter not 26 sen. Look at prospectus, FY 14 only 5 plus sen

Looks like someone is pressing down ?

Please share what is the problem...

I know, but would the GO process still continue?

Lots of cash in company, but the past performance quite turbulent. Is it a turnaround?