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2018-08-07 02:10 | Report Abuse
Lol..as mentioned before it's just a waiting game for both BJCorp/BJLand "if sleeping beauty?" but why still so many admirers & suitors hanging around?
Wow! TKP not only Director but promoted to Chairman of BJtoto..oh yes...TKP also sits on the board of a subsidiary of Berjaya Land Bhd (which owns more than 40% of BJtoto). He is the executive adviser and former president of the Penang Chinese Chamber of Commerce..that's why so pally with LGE?...may peace be upon them & Vt..and do we hear opportunity knocks again for BJcorp/BJland at current historic lows? Only early birds will get the biggest returns?
Former MD Tan Kok Ping is back at Berjaya Sports Toto as chairman
https://sme.com.my/2018/08/01/former-md-tan-kok-ping-is-back-at-berjaya-sports-toto-as-chairman/
Btw BJland holds 540 mil shares in BJtoto, representing equity interest of 40%. The 40% stake is already worth RM1.28 billion based on BJtoto's today price of RM2.37. As currently BJland is only worth RM1.3 billion..it's ridiculous that the rest of BJland assets only worth RM20 million?
2018-08-02 12:00 | Report Abuse
Lol..if TKP's return as Director to BJtoto is a sign of an Olive branch from Vt...then it a good thing to come for upwards movement of BJCorp/BJland share price soon..as when elephants clash.. it's the minority that gets squeezed..
2018-08-02 11:23 | Report Abuse
Lol..u think so?..just a reminder to Vt & gang not to overplay their hand too much and underestimate the power of the dark side! & TKP...just like wolf in a sheep's skin..even old fox can't match?
2018-08-02 10:56 | Report Abuse
Lol..it will be better..if Vt & gang sell down BJcorp/BJland to 10 sens since they are so eager to press down their shares so much..so that TKP in association with dark forces has an opportunity to initiate a hostile takeover.. now that TKP already got one foot in the door as Director of BJtoto? After takeover TKP can apply for a Integrated Resort Casino Licence similar to Genting's from MoF?
2018-08-01 13:23 | Report Abuse
Lol..most of BJland shares brought recently by Vt & BJCorp was around 29.5 to 35 sens level..so if really privatise will need to be premium of this price range..so those who purchased BJLand/BJCorp shares at current price will benefit most...
2018-08-01 13:10 | Report Abuse
Lol..precisely..u hit the nail on the head..Vt only got 8% direct shares..the balance of BJLand is owned by BJCorp..in order to get more share of BJland undervalued assets..Vt's trying to get the balance of 20% another owned by minorities if there are sellers at current price?
Btw there are rules on privatisation basically u can't offer lower what u have bought earlier..just see Hovid privatisation example which also owns 80%..one year already passed still no sign of delisting.. then u will know how Bursa moves..in the case of BJland..Vt can't delay longer than 6 months or more in announcing potential substantial gains from Vietnam Project Disposal, collecting back the 600+ million from China buyer and potentially favourable Jeju court ruling.. recognition of 1 billion sales from Carlton Ritz Residences..Vietnam Lottery profits..Kyoto & Okinawa property sales is all due sooner or later..then there is the new Selangor Turf Club project pending Selangor Govt. approval which the court already ruled in BJLand's favour subject to appeal .the outcome to be known soon? since pending almost 1 year already..
2018-08-01 11:14 | Report Abuse
Lol...The stock market just experienced the most seismic shift from growth to value since Lehman Brothers, says Nomura..what does it means to value stocks like BJCorp & BJland? with NTA of RM1.46 & RM0.86 respectively especially with the anniversary of Vt's return this coming November? Will Vt celebrate by..reversing the substantial provisions for impairment for Jeju Korea? GMOC? Vietnam property sales? recognition of RM1 billion unbilled property sales from Ritz Carlton Residence? Vietnam Lottery & Sports betting? etc.. etc..whoah! endless possibilities..the old fox got many lifes.. Just like Tun M the comeback kid...
https://www-marketwatch-com.cdn.ampproject.org/v/s/www.marketwatch.com/amp/story/guid/F3C93C50-94D7-11E8-9CA0-E9D1076CB7FD?amp_js_v=a2&_gsa=1&usqp=mq331AQCCAE%3D#referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s&share=https%3A%2F%2Fwww.marketwatch.com%2Fstory%2Fthe-stock-market-just-experienced-the-most-seismic-shift-from-growth-to-value-since-lehman-brothers-says-nomura-2018-07-31
2018-07-31 15:22 | Report Abuse
Lol... that's why I said buy more BJcorp..anyway after privatisation or delisting...who is the beneficiaries?...BJcorp shareholders including Vt & minorities who followed behind off course...anyway after that..since BJCorp & Vt are 80% BJland shareholders they will reward themselves with more BJcorp shares & ICULs in exchange for BJland shares at favourable terms as most of the 80% Bjland shares was acquired by BJcorp around 70 sens? from Vt and after that they will fry BJcorp shares sky high to monetize their shareholdings..so those still holding BJcorp/Bjland shares will benefit..
http://www.klsescreener.com/v2/announcements/view/3414173
2018-07-31 09:55 | Report Abuse
Lol..do U think so? BJcorp/BJLand now already at historical low... just wondering why Vt & gang of late spend millions, made substantial provision for impairment for BJLand/ BJCorp to turn profits to losses, released unfavorable news release from time to time & employed dedicated promoters to talk bad about Vt & BJ group in order to press down BJcorp/BJland shares to historical lows for what purpose? To harvest the fat potatoes like Calvin said later on?
Could it be BJcorp/BJland is due for restructure so that shareholders including Vt as BJland substantial shareholder will be first to benefit..minority will just tag along..off course Vt & BJcorp as 80% BJLand shareholder will issue BJcorp shares in exchange in order to maintain their monetary liquidity? So should buy more BJcorp should it happens?
Btw BJcorp can also issue BJ shares plus cash to Khazanah in exchange for an integrated Casino Resort/sports betting license similar to Genting Casino as Sports Toto under BJland was a unit under Khazanah? before privatised to Vt by Government now that Tun M is Chairman?
https://www.thestar.com.my/news/nation/2018/07/30/dr-m-is-khazanah-chairman-azmin-made-director/
2018-07-30 14:29 | Report Abuse
Lol..since no confidence no need to sing everyday... just cut the crap & sell all... adiós?
2018-07-29 12:09 | Report Abuse
Lol...steady man it's a weekend...don't work overtime under pressure from the Boss to ask people to sell cheap?
Anyway every Dog has its day...
Btw Good sign of things to come for legal operators like BJland/BJcorp to meet public demand?
"Shock find at gambling den
Inspector-General of Police Tan Sri Mohamad Fuzi Harun, who was present at the operations, said this was the beginning of an ongoing effort to eradicate illegal gambling nationwide.
“We will continuously follow up with more raids on premises believed to be engaging in such activities nationwide,” he said, adding that since the command centres on illegal gambling were set up on July 20, the authorities received more than 100 tip-offs.
It was reported that over 20,000 people were arrested nationwide in the first half of the year for illegal and online gambling.
Police conducted 2,158 raids, leading to the seizure of 16,345 gambling machines and the arrest of 6,168 suspects relating to online gambling and conducted 8,118 raids in that same time.
These led to the arrest of 14,780 people and seizure of 16,275 machines."
https://www.thestar.com.my/news/nation/2018/07/29/shock-find-at-gambling-den-cops-discover-10yearold-girl-with-parents-during-raids/
2018-07-26 14:14 | Report Abuse
Lol..nobody care about CWs?..people only use it as a guide on future BJcorp mother share price trend..just boycott IBs/ Syndicate members Call Warrants like C8 & C9 since got evidence of heavy manipulation with no hope to win?...when they can't sell their CWs...they will have to change tune & sing a different song..as the reason why Vt allows IBs to issue alot of BJcorp CWs this year is to get a lower interest rate for IB bank loans?
Btw
Tun M will be visiting Beijing with a Malaysian biz delegation in August..He pointed out that during the visit, he would invite Chinese companies to come and invest in Malaysia. Will Vt be part of the group to speed up the arbitration process for outstanding payment of 974.07 million renminbi (RM598.97 million) due from Beijing SkyOcean to BJcorp/BJland so that the provision for impairment can be quickly reversed and to get more JV partners for BJcorp like Razer Pay?
http://www.theedgemarkets.com/article/berjaya-land-unit-submits-arbitration-notice-recover-sum-china-mall-sale
http://www.thesundaily.my/news/2018/07/21/tun-m-discuss-contracts-during-visit-china
https://www.youtube.com/watch?v=EpzY3k57eL4
2018-07-25 17:03 | Report Abuse
Lol.. something must be brewing if IBs & Syndicate members want you to sell all? & Vt go ahead and do the opposite & hit the iron with BJcorp when it is hot in the next 6 months...especially when Tun M is still around..anyway it's good everybody thinks Bjcorp will move up to 35 sens or higher now..so let's make hay while it shines..
Vt already got his hands full preparing for Vietnam sports betting & Berjaya Okinawa Casino projects starting from this year? While atm, the sport betting license given earlier by BN Govt. to Ascot Sports withdrawn in 2010 (may not be reissued)..it doesn't prevent PH Govt. to amend the Betting Act 1953 to allow for more Integrated Resort Hotels & Casinos other than Genting Casino similar to Japan, Vietnam & Singapore approvals to promote tourism industry and increase Government Revenue in Malaysia? Anyway wrong person to ask..as final approval rests with PM?
"Mahathir: I may be Prime Minister for 1-2 years"
https://www.thestartv.com/v/mahathir-i-may-be-prime-minister-for-1-2-years
2018-07-24 17:17 | Report Abuse
Lol...Vt already got his hands full preparing for Vietnam sports betting & Berjaya Okinawa Casino projects starting from this year? While atm, the sport betting license given earlier by BN Govt. to Ascot Sports withdrawn in 2010 (may not be reissued)..it doesn't prevent PH Govt. to amend the Betting Act 1953 to allow for more Integrated Resort Hotels & Casinos other than Genting Casino similar to Japan, Vietnam & Singapore approvals to promote tourism industry and increase Government Revenue in Malaysia? Anyway wrong person to ask..as final approval rests with PM?
Betting Act 1953 and Exemptions
The primary law that regulates gambling in Malaysia is the Betting Act of 1953. This was amended in 1958, 1959, 1961, 1989, 1992 (twice), and 2006. The link provided is to the current copy which includes all amendments.
https://www.onlinebetting.com/legal/malaysia/
Vietnam revised law officially legalises sports betting on June 14, 2018
https://english.vov.vn/domestic/revised-law-officially-legalises-sports-betting-378662.vov
http://www.vietnam-briefing.com/news/vietnam-legalizes-sports-betting.html/
Japan Parliament OKs law to allow up to 3 casino resorts on July 21, 2018
http://www.asahi.com/ajw/articles/AJ201807210025.html
2018-07-23 18:46 | Report Abuse
Lol...Vt has 2 objectives to develop the The Berjaya Okinawa Integrated project... first to
cater to the booming tourist industry in Okinawa to generate cashflow for further funding for the Casino hotel..Berjaya Kyoto is already a cashcow..so will Berjaya Okinawa..as the Japanese government has set a goal of 20 million foreign visitors annually -- twice as many as last year -- by 2020.
https://asia.nikkei.com/Economy/Japan-eyes-opening-3-casinos-by-2020
Okinawa tourism at record high, OPG hopes to achieve 10 million tourists for FY 2018
For FY 2018, the OPG aims to achieve 10 million tourists or a 4.4% increase compared to FY 2017. The OPG plans to reinforce their strategies for attracting tourists and receiving them.
The breakdown of FY 2017’s tourists were: 6,887,000 domestic tourists (+3.7% compared to the previous year) and 2,692,000 foreign tourists (+26.4%).
In August, for the first time ever, the number of tourists reached one million in a single month.
Breaking down the foreign tourists by location, 813,000 (+24.7%) were from Taiwan, 546,000 (+25.4%) were from mainland China, and 544,800 (+20.5%) were from Korea.
http://english.ryukyushimpo.jp/2018/05/03/28784/
Okinawa aims to partner with Taiwan to develop cruise tourism in East Asia
Okinawa, Japan announced the 'Caribbean of the East Initiative' in late March, seeking to improve tourism throughout the island prefecture
https://www.taiwannews.com.tw/en/news/3400055 in
2018-07-23 13:26 | Report Abuse
Lol...that's what we are doing.. just look at BJcorp's past 1 year price trend..between Nov. 2017 July 2018..there were 9 major price spikes vs only 6 major dips..just time the market and sell some BJcorp when it goes up..& buy when it goes down..very sure can make some money while waiting for the major Jackpot!
"As Buffett has said, “The stock market is a device for transferring money from the impatient to the patient.”
If you lose money in the market, it’s because of a decision you made — and if you make money in the market, it’s because of a decision you made.
The market is going to do whatever it’s going to do.
But you determine whether you’ll win or lose"
https://klse.i3investor.com/servlets/stk/chart/3395.jsp
2018-07-23 12:02 | Report Abuse
Lol...actually construction of BLand – Okinawa Island Integrated Resort Development – Okinawa Prefecture is already in progress..so adding a Casino Hotel is a value added to the on-going Berjaya project after the successful launch in Kyoto..Japan passed the Casino Construction Act to promote tourism and the serious contenders for the first 3 casinos are located in Osaka, Okinawa and Yokohama..and Vt already one step ahead building the Okinawa Island Integrated Resort Development..
Berjaya's Chryseis Tan active in work-in-progress Four Seasons Okinawa
http://www.theedgemarkets.com/article/berjayas-chryseis-tan-active-workinprogress-four-seasons-okinawa-%E2%80%94-report
http://www.theedgemarkets.com/article/berjaya-corp-eyes-second-venture-japan
Japan eyes opening 3 casinos by 2020
The city of Osaka -- which has proposed Yumeshima, a man-made island, as a casino site -- is seen as a leading candidate. So are Okinawa Prefecture, out to make itself a magnet for foreign tourists, and Yokohama, whose port accommodates luxury liners. The government will consider allowing more casinos after gauging their social impact.
Building a quartet of casinos in Tokyo, Osaka and Okinawa would create a 1.5 trillion yen ($14.5 billion) market, Goldman Sachs Japan estimates. A broad range of businesses could cash in, including real estate developers and game machine makers, as well as local hotels and retailers.
The government has set a goal of 20 million foreign visitors annually -- twice as many as last year -- by 2020.
https://asia.nikkei.com/Economy/Japan-eyes-opening-3-casinos-by-2020
Okinawa tourism at record high, OPG hopes to achieve 10 million tourists for FY 2018
For FY 2018, the OPG aims to achieve 10 million tourists or a 4.4% increase compared to FY 2017. The OPG plans to reinforce their strategies for attracting tourists and receiving them.
The breakdown of FY 2017’s tourists were: 6,887,000 domestic tourists (+3.7% compared to the previous year) and 2,692,000 foreign tourists (+26.4%).
In August, for the first time ever, the number of tourists reached one million in a single month.
Breaking down the foreign tourists by location, 813,000 (+24.7%) were from Taiwan, 546,000 (+25.4%) were from mainland China, and 544,800 (+20.5%) were from Korea.
http://english.ryukyushimpo.jp/2018/05/03/28784/
Okinawa aims to partner with Taiwan to develop cruise tourism in East Asia
Okinawa, Japan announced the 'Caribbean of the East Initiative' in late March, seeking to improve tourism throughout the island prefecture
https://www.taiwannews.com.tw/en/news/3400055
2018-07-22 16:02 | Report Abuse
Lol..the game has just started for Vt..what game over?..if you dare just sell it down to 1 sen! and let the minority shareholders takeover..
2018-07-20 19:32 | Report Abuse
Lol..now we know whose side are u from?
btw come to think about it..don't u think it's rather strange lately that so many people under different guises are asking minority shareholders to sell cheap?..so that somebody can profit later on by just reversing the RM300 million plus provision for impairment charges?
2018-07-20 16:31 | Report Abuse
Lol...Amitabha...in a sea of red.. that's when a value stock like BJCorp rises..
2018-07-20 15:10 | Report Abuse
Lol...who says you have to wait for 3 years..just look at BJcorp's past 1 year price trend..between Nov. 2017 July 2018..there were 9 major price spikes vs only 6 major dips..just time the market and sell some BJcorp when it goes up..& buy when it goes down..very sure can make some money while waiting for the major Jackpot!
"As Buffett has said, “The stock market is a device for transferring money from the impatient to the patient.”
If you lose money in the market, it’s because of a decision you made — and if you make money in the market, it’s because of a decision you made.
The market is going to do whatever it’s going to do.
But you determine whether you’ll win or lose"
https://klse.i3investor.com/servlets/stk/chart/3395.jsp
2018-07-20 14:00 | Report Abuse
Lol...here's the proof of BJcorp/BJland plan for a Casino hotel in Okinawa..
"The "BLand – Okinawa Island Integrated Resort Development – Okinawa Prefecture - Project Profile" is part of Timetric’s database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.
Summary
Berjaya Land Bhd (BLand), a subsidiary of Berjaya Corporation Bhd, is planning to construct an integrated resort in Okinawa Prefecture, Japan.
The project involves the construction of an integrated resort on 40.5ha of land. It will include the construction of 600 mid-rise apartments, 200 villas, a five-star hotel with 250 rooms, casino hotel with 500 rooms, a shopping center, a medical center, indoor and outdoor theme parks, retail and dining options, a convention center, parking and related facilities, and the installation of elevators, and safety and security systems.
In April 2010, 90% land acquisition was completed.
Scope
The project involves the construction of an integrated resort on 40.5ha of land in Okinawa Island, Okinawa Prefecture, Japan.
The US$500 million project includes the following:
1. Construction of 200 villas
2. Construction of a 250-room five-star hotel
3. Construction of a 500-room casino hotel
4. Construction of a shopping center
5. Construction of a medical center
6. Construction of 600 mid-rise apartments
7. Construction of indoor and outdoor theme parks
8. Construction of retail and dining options
9. Construction of convention center
10. Construction of parking facility
11. Installation of safety and security systems
12. Installation of elevators
https://www.reportbuyer.com/product/4918300/bland-okinawa-island-integrated-resort-development-okinawa-prefecture-project-profile.html
2018-07-20 13:07 | Report Abuse
Lol...who is buying call warrants?..people only using them as a guide on the next price advance for mother shares..let IBs and Syndicate members slug it out on the CWs..it costs money to press down the mother share (BJcorp) price indefinitely ..we will bide our time..it's only a waiting game from now on..
As Buffett has said, “The stock market is a device for transferring money from the impatient to the patient.”
If you lose money in the market, it’s because of a decision you made — and if you make money in the market, it’s because of a decision you made.
The market is going to do whatever it’s going to do.
But you determine whether you’ll win or lose
"Japan’s second piece of enabling legislation for establishing a domestic casino industry, the Integrated Resorts (IR) Implementation Bill, passed on Thursday its penultimate hurdle according to information obtained by GGRAsia."
There are 3 Integrated Casino Resorts license up for grabs...BJcorp/BJland could be one of the dark horses vying for one of the Casino licence for their Kyoto or Okinawa Integrated Resorts project?
http://www.ggrasia.com/japan-casino-bill-upper-house-committee-nod-vote-friday/
2018-07-19 16:05 | Report Abuse
Lol...business optimism in Malaysia jumps 24 percentage points in Q2 which augurs well for Berjaya Group...
The IBR revealed that business owners are confident about their performance over the next year, with many having positive outlooks for revenue, employment and also investments.
It said 56 per cent of businesses are expecting an increase in revenue over the next 12 months, an increase of 22 pp from Q1, while 26 per cent of businesses owners are expecting to hire more employees, an increase of 12 pp from Q1.
On investments, the IBR highlighted that 66 per cent (up 16 pp from Q1) of businesses are expecting to increase their investment in technology like Razer Pay?
https://www.thestar.com.my/business/business-news/2018/07/19/business-optimism-in-malaysia-jumps-24-percentage-points-in-q2/
2018-07-19 15:26 | Report Abuse
Lol...the news spread very fast and already reached Tun M's ears..will be very good for Bursa and Investor's confidence...
Prime Minister Dr Mahathir Mohamad said he was not aware of the development, but welcomed the news.
“I didn’t know. Thank you for giving me the information. I hope he is arrested and brought back to Malaysia,” Mahathir told reporters outside the Dewan Rakyat.
A Hong Kong radio station reported that Jho Low had most recently fled back from Hong Kong into China, where it claimed he has now been detained pending Dr Mahathir’s visit next month.
http://www.sarawakreport.org/2018/07/jho-low-and-the-china-issue/
https://www.straitstimes.com/asia/se-asia/jho-low-jumping-from-place-to-place-says-mahathir-expressing-hope-he-will-be-arrested
2018-07-18 21:01 | Report Abuse
Lol...sometimes one wonders.. whose side are u actually from?
http://www.freemalaysiatoday.com/category/nation/2018/07/18/dr-m-a-man-of-his-word-says-raja-perlis/
http://www.kosmo.com.my/terkini/tun-mahathir-akan-tunai-apa-yang-diperkatakan-raja-perlis-1.711191
https://blog.limkitsiang.com/2010/06/28/gambling-it%E2%80%99s-in-malaysia%E2%80%99s-genes/
2018-07-18 14:34 | Report Abuse
Lol...here's the confirmation news on 500,000 subscribers for Razer Pay..Now u can shop across borders...starting with Singapore..no need to go to money changers anymore...
"United Overseas Bank (UOB) will support the Singapore launch of Razer Pay (Razer Pay Singapore), the e-wallet app designed for young people and millennials by gaming company Razer.
Razer Pay Singapore is slated for launch within the next few months, said UOB and Razer in a joint statement yesterday.
As part of what is an exclusive partnership with Razer, UOB will provide a suite of payment and cash management solutions for Razer Pay Singapore. This includes enabling users of Razer Pay Singapore to top up their e-wallets, and processing payments for Razer Pay's global network of merchants.
Users will be able to top up their e-wallets using the eNETS debit or credit service, or by transferring funds via Fast (Fast and Secure Transfers) directly to Razer.
No other e-wallet app in Singapore supports Fast for the facilitation of fund transfers, cash out or top-up, said UOB and Razer.
It is understood that customers of the 20 participating banks of Fast - among them UOB, DBS, OCBC, ANZ Bank, Bank of China and Citibank - can use Fast to transfer money from their bank accounts to their Razer Pay e-wallets. Razer Pay Singapore is not limited to UOB customers.
UOB and Razer said they will explore the use of PayNow Corporate to allow Razer Pay Singapore users to make digital payments to both merchants and e-wallet users with just the business' unique entity number or the user's mobile phone number, respectively. PayNow Corporate will be launched on Aug 13."
https://www.straitstimes.com/business/companies-markets/uob-to-support-launch-of-razer-pay-in-spore-in-next-few-months
2018-07-17 22:07 | Report Abuse
Lol...went 7Eleven just now... apparently Razer Pay already got 500,000 subscribers even before 30 August..so Vt's dream already comes true & Tabung Harapan will be getting a cheque presentation from Vt with LGE/Tun M for RM5 million from BJCorp soon..
2018-07-17 11:25 | Report Abuse
Lol..s & t to remain unchanged at original 10% rate...same as before implementation of gst.
http://m.thesundaily.my/node/549588
2018-07-12 23:39 | Report Abuse
Lol...that depends on whether Vt allows it or not?
Do keep a lookout for :
BJCORP-C5 CALL WARRANTS Expires 24/07/2018 RM0.35
BJCORP-C6 CALL WARRANTS Expires 31/07/2018 RM0.42
As Call Warrant Holders & IBs may want to slug it out these few days!
Anyway...Dow already gained 170 points to 24,872 as trade fears take a back seat to economic optimism..
https://www.marketwatch.com/story/us-stocks-set-for-rebound-ahead-of-inflation-data-2018-07-12
2018-07-10 14:00 | Report Abuse
Lol...Dow Futures up another 76 points to 24,850..gives indication of another good day for stocks..
Btw pls sell more...as currently got RM7.01 million buyers vs RM2.84 million sellers..
"Gaming is now the biggest vertical within media. It’s a $130 billion industry alone, growing double digits every single year for a 10-year basis"
Razer Pay to use Malaysia as springboard to SEA for Gaming/ Gambling Market?
Asia Pacific is home to the largest gaming markets in the world with China and Japan at the top of the market. Statista estimates that in 2017, gaming in China was worth US$32.54 billion while Japan grossed US$14.05 billion. These are big numbers when pitted against the global total of US$78.61 billion. Not surprisingly Asia also leads the world in the free-to-play and pay-to-pay gaming market worldwide with US$11.2 billion and US$1.4 billion in 2016 respectively.
Market researcher Niko Partners said Southeast Asia is the world’s fastest growing region for all online games (PC and online) and forecasts the market to reach US$4.4 billion by 2021 with a population of over 400 million gamers by then.
Singapore entrepreneur, Min-Liang Tan, ceo and co-founder of Razer, best known as a hardware manufacturer for the global gaming market, likes to think of the company as a platform instead of the hardware and software company that is it today.
To this end, the company has released Razer Pay e-wallet in Malaysia to target the youth and millennials. In a press release, the company hinted to rolling out the service in other parts of Southeast Asia in the coming moneys promising seamless payment experience for Razer Pay users as they move about the region for work or play.
Tan said “Razer Pay is going to make cashless payments easier than ever. We're excited to launch Razer Pay first in Malaysia as part of our global rollout, and our partnership with the Berjaya Group will make it convenient for everyone to join the cashless revolution today."
Bergaya Group founder, Tan Sri Dato’ Seri Vincent Tan added that the partnership will be a testbed for mobile payment innovation aimed squarely at the company’s retail ecosystem.
The Razer Pay platform can be used for purchases in 6,000 retail and F&B outlets including 7-Eleven, Starbucks, Singer, Cosway, Greyhound Cafe, Wendy's, Kenny Rogers, Krispy Kreme, 99 Speedmart, Tealive, Thundermatch, and Sweet Hut.
Razer Pay users can also transfer funds to other users via peer-to-peer cash transfers or to their bank accounts. Participating banks include AmBank, Bank Islam, CIMB, Hong Leong Bank, Maybank, Public Bank and RHB Bank.
https://www.enterpriseinnovation.net/article/razer-pay-uses-malaysia-springboard-sea-1341531860
https://liveatpc.com/razer-pay-rolls-out-6000-merchants/
https://klse.i3investor.com/blogs/sin_chew_financial_review/164636.jsp
2018-07-10 00:48 | Report Abuse
Lol..Razer Pay has 300k users in Malaysia within 48 hours of launch
https://www.malaysianwireless.com/wp-content/uploads/2018/07/Malaysia-300k-Razer-Pay-users-768x768.jpg
https://www.malaysianwireless.com/wp-content/uploads/2018/07/Razer-Pay-Malaysia-Berjaya-Corp-768x540.jpg
https://www.malaysianwireless.com/2018/07/razer-pay-ewallet-malaysia/
Razer announced that within 48 hours from the launch of Razer Pay on 4 July 2018, over 300,000 users in Malaysia downloaded and signed up for the Razer e-wallet app “designed for youth and millennials”. The company claims that this could be a speed record for e-wallet adoption in the region.
https://www.malaysianwireless.com/2018/07/razer-pay-malaysia-300k-users/
"In the meantime...Dow Rises for a Third Day as U.S. Jobs Growth Lifts Sentiment..to 24,765.16 an increase of 308.68 points!"
https://www.thestreet.com/markets/stocks-extend-rally-14644183
2018-07-06 16:43 | Report Abuse
Lol..keep! & buy on any weakness..after a big storm that's when you will see the rainbow..after all it's almost rockbottom & most bad news and provisions for impairment (which can be reversed) has been discounted..
Btw Razer Pay made Razer CEO Tan Min Liang billionaire..Razer & BJcorp JV will be the next money making machine for the future in a cashless society...
https://www.scmp.com/magazines/style/tech-design/article/2117951/razer-ceo-tan-min-liang-become-billionaire-backing-li-ka
https://themalaysianreserve.com/2018/07/05/berjaya-and-razer-launch-new-e-wallet/
"Tan is optimistic that the partnership with Razer will see success as many Malaysians have already been using MOLPay and One2pay.
“In a way, we are rebranding existing e-wallet service, One2pay, to Razer Pay. However, it is still a new product to signify our partnership with Razer,” he told reporters after the launch of the e-wallet service in Kuala Lumpur yesterday.
He added that Razer owns 51% of the stake in Razer Pay and the remaining 49% is owned by BCorp.
Additionally, BCorp has pledged to donate RM10 with each first use of the Razer Pay wallet at its participating outlets, which would total up to RM5 million by the end of August.
“We are very optimistic to achieve the pledged sum and gain 500,000 transactions within two months,” he added.
As for the group’s retail growth, Tan is optimistic that through the partnership with Razer, it would be a positive growth in the long term.
“This venture and partnership will be valuable as this kind of business has a high valuation.
“At the same time, retail growth will continue to be better as the Goods and Services Tax has been reduced to 0%. So, the industry in general has experienced better sales,” he said, adding that sales from 7-Eleven and other businesses have increased.
Tan said with the new government, there has been a positive impact on consumers as demand has also increased.
“With that said, our retail sector forecast could be more than 5% this year as there is optimism coupled with few good factors among the consumers which are driving consumer demands,” he said.
Razer Pay will be made available to more than 6,000 major retail and food and beverage outlets which include brands such as 7-Eleven, Starbucks, Singer, Cosway, Greyhound Café, Wendy’s, Kenny Rogers, Krispy Kreme, 99 Speedmart, Tealive, Thundermatch, Sweet Hut and more."
2018-07-05 22:07 | Report Abuse
Lol..actually insiders are here already.. that's why got unusual movements every now & then... anyway let's see what happens next as Vt has been in the news lately..
Btw Tun M is going China soon.. let's see he will followup with Jack Ma's invitation to visit Ali Pay in Hangchou with a delegation of officials & businessman like Vt coming along?
https://mobile-reuters-com.cdn.ampproject.org/v/s/mobile.reuters.com/article/amp/idUSKBN1JV1JP?amp_js_v=a2&_gsa=1&usqp=mq331AQECAE4AQ%3D%3D#referrer=https://www.google.com&_tf=From%20%251%24s&share=https%3A%2F%2Fwww.reuters.com%2Farticle%2Fus-malaysia-politics-china%2Fmalaysias-mahathir-to-visit-china-after-putting-20-billion-of-projects-on-ice-sources-idUSKBN1JV1JP
2018-07-05 18:58 | Report Abuse
Lol..the ICULs were issued in 2012..since Vt & Ranwin has been selling 2012/22 ICULs from time to time..could be it's time for BJCorp to issue new ICULs, bonus stock warrants or dividend in species in line with the planned restructuring since BJ group is getting substantial gains back from Vietnam & China property sales & Jeju Korea compensation due any time since the property valuation report has been tabled to Korean court for consideration in 2016?
2018-07-05 11:08 | Report Abuse
Lol..what is good for BJtoto will be good for Bjcorp/Bjland too as 48.63% ownership..
Tax holiday offers boost to gaming sector
Kenanga Research said gaming companies, especially number forecast operators (NFO) have managed to outperform the overall markets over the past three months due to the tax holiday following the zero-rating of the Goods and Services Tax.
"This was attributable to the 3-month tax-holiday of zero-rated GST in June to August as it
offers short-term earnings upticks given that previously the gaming companies absorbed the 6% GST," it said in its research report.
https://www.thestar.com.my/business/business-news/2018/07/04/tax-holiday-offers-boost-to-gaming-sector/
2018-07-05 01:05 | Report Abuse
Lol..but what was not mentioned by Vt is that there will be a indirect injection of Mol Global majority owned by Vt into BJcorp biz through the 51:49 Razer/BJcorp JV as...
"Berjaya Corp Bhd's retail segment is expected expected to grow more than five per cent fuelled by the goods and services tax (GST) removal.
Founder and executive chairman Tan Sri Vincent Tan said the removal of GST has been a positive driver to improve consumers' demand, while the soon to be implemented sales and services tax (SST) would be good for consumers.
"Retail growth will be better as everybody experiences better sales, particularly the convenience stores and car sales.e said retail sector has been improving due to more optimisms and feel good factor in the country now under the leadership of Tun Mahathir Mohamad as the Prime Minister, noting that people are seeing more positive with the new government.
Razer Pay can help to realize Tun M's proposal for Malaysia to go cashless..just like Jack Ma's Ali Pay..
Following the trend, Berjaya Group is further upbeat about improving its retail business this year following the launch of Razer Pay, an e-wallet service in the country.
Tan said the company has created the partnership as it sees great synergy between its business and Razer Pay.
"Our existing retail ecosystem within Berjaya Group offers a great platform and testbed for mobile payment innovation," he said.
Razer Pay in Malaysia is a partnership between Razer Inc (51 per cent) and Berjaya Corp Bhd (49 per cent), a platform designed for youth and millennials.
Tan said the partnership would be valuable for Berjaya Corp as the business has high in valuation for long-term, which aimed to enhance the value propositions of Razer Pay to craft its differentiation in the market place.
Users can visit any 7-Eleven store in Malaysia at any time to buy a Razer Pay top-up PIN, and alternatively they can also use their online banking account to add funds.
Participating banks include AmBank, Bank Islam, CIMB, Hong Leong Bank, Maybank and Public Bank.
With Razer Pay, users can transfer funds to family and friends easily as well as transfer money from their e-wallet to bank account and top up their telco accounts.
Razer Pay can also be used for online transactions for gamers to purchase PIN codes instantly for services such as zGold MOLPoints, Steam Wallet, Garena, Sony PlayStation, Spotify, iflix and more.
Over 6,000 major retail and food and beverages outlets will accept Razer Pay with participating brands such as 7-Eleven, Starbucks, Wendy's, Kenny Rogers, Krispy Kreme and 99 Speedmart.
Min-Liang said the service is expected to grow its merchant network rapidly encompassing healthcare, travel and other lifestyle services in Malaysia.
https://www.nst.com.my/business/2018/07/387370/razer-launches-e-wallet-service-razer-pay-malaysia
http://www.thesundaily.my/news/2018/04/23/hk-listed-razer-proposes-take-over-mol-global
https://www.molpay.com/v3/news/razer-to-acquire-remaining-stake-in-malaysian-e-payments-platform-mol-global-for-us61m/
https://thecoverage.my/news/tun-mahathir-malaysia-can-change-currency-go-cashless-alibaba-help-msians-go-cashless/
2018-07-05 00:12 | Report Abuse
Lol...read it again..what Vt means is BJcorp from 4 July to 30 Aug 2018 has committed to donate RM10 with each first use of Razer Pay wallet at participating Berjaya outlets, subject to terms and conditions up to RM5 million to the national Tabung Harapan Malaysia fund.
In simple language means BJcorp will donate RM10 for each new subscriber to Razer Pay wallet.. up to a maximum of RM5 million will require 500,000 new subscribers/customers to Razer Pay wallet (RM10 x 500,000) from 4 July to 30 Aug 2018.
"TABUNG HARAPAN
As a partner to Razer Pay, Berjaya Corporation Berhad has pledged to donate up to RM5 million to the national Tabung Harapan Malaysia fund.
From 4 July to 30 Aug 2018, Berjaya has committed to donating RM10 with each first use of the Razer Pay wallet at participating Berjaya outlets[1], subject to terms and conditions to the national Tabung Harapan Malaysia fund."
http://markets.businessinsider.com/news/stocks/razer-pay-launches-in-malaysia-1027341232
2018-07-03 23:18 | Report Abuse
Lol...just realized that between June 26 2018 to 15 November 2017, Vt & BJ group companies has been on a buying frenzy and sapu a total of 153,169,800 BJland shares from the open market at a price ranging from 30 sens to 49.5 sens..no wonder as at 29 June 2018, the public shareholding spread of BLand is now only 19.95%!
26-Jun-18 Acquired 60,000
22-Jun-18 Acquired 13,000
12-Jun-18 Acquired 2,000
7-Jun-18 Acquired 220,000
5-Jun-18 Acquired 3,000
4-Jun-18 Acquired 25,000
1-Jun-18 Acquired 140,000
31-May-18 Acquired 200,000
31-May-18 Acquired 20,000
30-May-18 Acquired 2,000,000
7-May-18 Acquired 600,000
4-May-18 Acquired 1,221,600
4-May-18 Acquired 1,221,600
4-May-18 Acquired 1,221,600
3-May-18 Acquired 3,000,000
3-May-18 Acquired 3,000,000
3-May-18 Acquired 3,000,000
2-May-18 Acquired 3,000,000
2-May-18 Acquired 3,000,000
2-May-18 Acquired 3,000,000
30-Apr-18 Acquired 2,200,000
30-Apr-18 Acquired 2,200,000
30-Apr-18 Acquired 2,200,000
27-Apr-18 Acquired 5,000,000
27-Apr-18 Acquired 5,000,000
27-Apr-18 Acquired 5,000,000
26-Apr-18 Acquired 4,200,000
26-Apr-18 Acquired 4,200,000
26-Apr-18 Acquired 4,200,000
25-Apr-18 Acquired 5,000,000
25-Apr-18 Acquired 5,000,000
25-Apr-18 Acquired 5,000,000
24-Apr-18 Acquired 3,664,800
24-Apr-18 Acquired 3,664,800
24-Apr-18 Acquired 3,664,800
30-Mar-18 Acquired 2,000,000
30-Mar-18 Acquired 2,000,000
30-Mar-18 Acquired 2,000,000
29-Mar-18 Acquired 3,000,000
29-Mar-18 Acquired 3,000,000
29-Mar-18 Acquired 3,000,000
28-Mar-18 Acquired 3,000,000
28-Mar-18 Acquired 3,000,000
28-Mar-18 Acquired 3,000,000
27-Mar-18 Acquired 2,000,000
27-Mar-18 Acquired 2,000,000
27-Mar-18 Acquired 2,000,000
26-Mar-18 Acquired 2,970,000
26-Mar-18 Acquired 2,970,000
26-Mar-18 Acquired 2,970,000
23-Mar-18 Acquired 1,000,000
23-Mar-18 Acquired 1,000,000
23-Mar-18 Acquired 1,000,000
16-Mar-18 Acquired 200,000
16-Mar-18 Acquired 200,000
16-Mar-18 Acquired 200,000
16-Mar-18 Acquired 200,000
16-Mar-18 Acquired 200,000
16-Mar-18 Acquired 200,000
15-Mar-18 Acquired 200,000
15-Mar-18 Acquired 200,000
15-Mar-18 Acquired 200,000
15-Mar-18 Acquired 200,000
15-Mar-18 Acquired 200,000
15-Mar-18 Acquired 200,000
14-Mar-18 Acquired 200,000
14-Mar-18 Acquired 200,000
14-Mar-18 Acquired 200,000
14-Mar-18 Acquired 200,000
14-Mar-18 Acquired 200,000
14-Mar-18 Acquired 200,000
13-Mar-18 Acquired 200,000
13-Mar-18 Acquired 200,000
13-Mar-18 Acquired 200,000
13-Mar-18 Acquired 200,000
13-Mar-18 Acquired 200,000
13-Mar-18 Acquired 200,000
9-Mar-18 Acquired 100,000
9-Mar-18 Acquired 100,000
9-Mar-18 Acquired 100,000
9-Mar-18 Acquired 100,000
9-Mar-18 Acquired 100,000
9-Mar-18 Acquired 100,000
8-Mar-18 Acquired 200,000
8-Mar-18 Acquired 200,000
8-Mar-18 Acquired 200,000
8-Mar-18 Acquired 200,000
8-Mar-18 Acquired 200,000
8-Mar-18 Acquired 200,000
7-Mar-18 Acquired 200,000
7-Mar-18 Acquired 200,000
7-Mar-18 Acquired 200,000
7-Mar-18 Acquired 200,000
7-Mar-18 Acquired 200,000
7-Mar-18 Acquired 200,000
6-Mar-18 Acquired 200,000
6-Mar-18 Acquired 200,000
6-Mar-18 Acquired 200,000
6-Mar-18 Acquired 200,000
6-Mar-18 Acquired 200,000
6-Mar-18 Acquired 200,000
5-Mar-18 Acquired 200,000
5-Mar-18 Acquired 200,000
5-Mar-18 Acquired 200,000
5-Mar-18 Acquired 200,000
5-Mar-18 Acquired 200,000
5-Mar-18 Acquired 200,000
2-Mar-18 Acquired 200,000
2-Mar-18 Acquired 200,000
2-Mar-18 Acquired 200,000
2-Mar-18 Acquired 200,000
2-Mar-18 Acquired 200,000
2-Mar-18 Acquired 200,000
1-Mar-18 Acquired 200,000
1-Mar-18 Acquired 200,000
1-Mar-18 Acquired 200,000
1-Mar-18 Acquired 200,000
1-Mar-18 Acquired 200,000
1-Mar-18 Acquired 200,000
28-Feb-18 Acquired 200,000
28-Feb-18 Acquired 200,000
28-Feb-18 Acquired 200,000
28-Feb-18 Acquired 200,000
28-Feb-18 Acquired 200,000
28-Feb-18 Acquired 200,000
27-Feb-18 Acquired 200,000
27-Feb-18 Acquired 200,000
27-Feb-18 Acquired 200,000
27-Feb-18 Acquired 200,000
27-Feb-18 Acquired 200,000
27-Feb-18 Acquired 200,000
26-Feb-18 Acquired 200,000
26-Feb-18 Acquired 200,000
26-Feb-18 Acquired 200,000
26-Feb-18 Acquired 200,000
26-Feb-18 Acquired 200,000
26-Feb-18 Acquired 200,000
23-Feb-18 Acquired 200,000
23-Feb-18 Acquired 200,000
23-Feb-18 Acquired 200,000
23-Feb-18 Acquired 200,000
23-Feb-18 Acquired 200,000
23-Feb-18 Acquired 200,000
22-Feb-18 Acquired 200,000
22-Feb-18 Acquired 200,000
22-Feb-18 Acquired 200,000
22-Feb-18 Acquired 200,000
22-Feb-18 Acquired 200,000
22-Feb-18 Acquired 200,000
21-Feb-18 Acquired 200,000
21-Feb-18 Acquired 200,000
21-Feb-18 Acquired 200,000
21-Feb-18 Acquired 200,000
21-Feb-18 Acquired 200,000
21-Feb-18 Acquired 200,000
15-Nov-17 Acquired 6,317,600
Total BJland shares acquired 153,169,800
2018-07-03 18:44 | Report Abuse
Lol...actually whatever BJland gets..will also be obtained by BJcorp as >80% beneficial owner of BJland..further apart from owning > 80% shares in BJland..BJcorp has it's own direct share in windfall money coming from Vietnam & China property sales, Vietlott operations & Jeju Korea compensation?
btw the main reasons given for bad BJcorp/Bjland Qtr. 4 performance was due to impairment provisions (not monetary in nature and can be reversed in the next qtrs & due to loss from unfavourable foreign exchange translation effect as a result of the stronger ringgit (when it was 1 USD = 3.8722 MYR in for the qtr. Feb. - April).
From May to July..RM has weaken to 1 USD = 4.0448 MYR, giving a RM0.1726 gain per USD converted to add to BJcorp/ BJland's profitability in the next coming Qtrs..when the money from Vietnam & China property sales, Vietlott operations & Jeju Korea compensation comes?
2018-07-03 16:54 | Report Abuse
Lol...no dividend for FY2017/2018..doesn't means no dividend for FY2018/2019 to be announced in the next Qtrs..since windfall money is coming from Vietnam property sales, Vietlott operations & Jeju Korea compensation?
"BJ Group also expects to record a significant gain upon the successful disposal of the Proposed Berjaya Vietnam International University Town One Member Limited Liability Company ("BVIUT") Disposal and Proposed Vietnam Subsidiary Disposal accordingly in due course, going forward."
2018-07-01 12:12 | Report Abuse
Lol...very high traffic this weekend from syndicate members..must be running out of time?...Vt & gang want u to sell low to them? Btw with rm385m provision for impairment to write back for the next few qtrs. BJCorp should be showing profit for FY2018/2019 as cashflow for BJCorp is more than rm703m per qtr..indicating healthy biz operations. Looks like next few qtrs of FY 2018/2019, Vt will write back the impairment provision as profit and then push BJCorp up again as almost rock bottom?.
2018-06-30 13:45 | Report Abuse
Lol...put it this way... sleeping Budda no way..Pink lips..go away..Lou Ma..my way..guess among the 3 people.. with whom will Vt gain most?... don't u think it's strange of late why so many syndicate members & fund managers are asking you to sell low & go away?..it doesn't hurt to wait a bit longer to share the cake no?
2018-06-29 16:28 | Report Abuse
Lol...something is up?.. big buyers are now collecting...buying queue have gone up to RM7.79m vs selling at only RM2.52m atm..
btw one wonders why BJcorp just can't wait & release the latest qtr results early on Thursday?..if you look at past trends..it should have been only out after Bursa has closed today?
2018-06-29 12:10 | Report Abuse
Lol...guess who is that Malaysia partner that Jack Ma mentioned?
"Alibaba Group executive chairman Jack Ma said Ant Financial Services would continue to strengthen cooperation with its Malaysian partner to make this a reality, he said in an interview with Sin Chew Daily. The app is yet to be named.
Ma said Alibaba believed Kuala Lumpur should be a cashless society, adding: “Tun Dr Mahathir Mohamad told me during our meeting that he was amazed at the technology of the cashless society in India. It was Alibaba that assisted India to develop its e-commerce payment system Paytm.”
Ma stressed that Alibaba’s strategy was to work with local partners to develop Malaysia’s very own e-wallet and logistics centre."
https://thecoverage.my/news/tun-mahathir-malaysia-can-change-currency-go-cashless-alibaba-help-msians-go-cashless/
2018-06-29 11:59 | Report Abuse
Lol...something bigger must be coming to BJcorp? otherwise why did Proxy actually listens to Tun M instruction to sell?
http://www.malaysia-today.net/2018/06/26/mahathir-instructs-vincent-tan-to-sell-entire-stake-in-t7-global-following-controversy/
"Tun Mahathir : Malaysia Can Change Its Currency Or Go Cashless – Alibaba to help M’sians Go Cashless"
https://thecoverage.my/news/tun-mahathir-malaysia-can-change-currency-go-cashless-alibaba-help-msians-go-cashless/
"Vincent Tan Chee Yioun, founder of Malaysia's Berjaya Group and majority shareholder of 7-Eleven Malaysia and MOL Global, Inc, the parent company of MOL Accessportal, said the partnership is a win-win solution for Ant Financial and 7-Eleven, as well as for China and Malaysia.
Tan also pledged to bring Alipay to more businesses and retailer shops under the Berjaya group, including Starbucks, Kenny Rogers, Cosway, Radioshack as well as Berjaya hotels and resorts.
The entry of Alipay to Malaysia will be quite challenging for local Malaysian payment service providers, said Tan, adding it is not a bad idea though, in that someday perhaps Malaysian people can also use Alipay when they go to China."
http://www.chinadaily.com.cn/business/tech/2017-05/22/content_29447198.htm
Why did Vt Visits Jack Ma?
http://www.thesundaily.my/news/1888787
2018-06-29 01:55 | Report Abuse
Lol...trends?
C2 matured on 28/2/17 with exercise price of 36.9 sens..BJcorp went up to a high of 40.5 sens on 6/3/17?
C3 matured on 30/8/17 with exercise price of 40 sens..BJcorp went to a high of 37 sens on 2/10/17?
C4 matured on 28/12/17 with exercise price of 35 sens..BJcorp went up to high of 37sen on 8/1/18?
from the previous trends above...due to gambling elements involved with CW...would you think BJcorp share price should be higher than the exercise price tight after the maturity date of C5 & C6..as syndicates/ IBs may want to short high or low high to recoup any losses?
Looking at above trends...could be probable that after..
C5 matures on 24/7/18 with exercise price of 35 sens..BJcorp share price more than 35 sens after exercise date 24/7?
C6 matured on 28/7/18 with exercise price of 42 sens..BJcorp share price will be more than 42 sens after exercise date 28/7?
2018-06-28 22:42 | Report Abuse
Lol...latest press release from Lydia..BJcorp would have recorded a pre-tax profit of about RM57.95 million if not due to Vt's "Magic Accounting" to make impairment provision of RM101 million for various assets and foreign exchange difference...
"The Executive Chairman, Tan Sri Dato’ Seri Vincent Tan, is confident that a substantial portion of the impairment provision losses can be reversed in the future.."
Sounds familiar right?..probably the substantial impairment provisions will be reversed to give a one- off substantial gain in the near future..once VT gives the goreng signal to go! Just take the analogy of a football game...where half-time must be exactly 45 mins...not a minute more or less..
BJORP RECORDS REVENUE OF RM2.11 BILLION FOR Q4 2018 - For the 4th Quarter Ended 30 April 2018
"The Group incurred a pre-tax loss of RM43.05 million in the current quarter under review as compared to the pre-tax profit of RM62.22 million in the previous year’s corresponding quarter.
Excluding the impairment provision of various assets and unfavourable foreign exchange difference of about RM101.00 million, the Group would have recorded a pre-tax profit of about RM57.95 million"
http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=87958&name=EA_GA_ATTACHMENTS
2018-06-28 14:27 | Report Abuse
Lol..if really falls to 20 sens definitely not for short term or contra players but for medium to long term investors who can see the investment potential from the Vietlott lottery operations which is 6.02 times bigger than the earning potential of BJtoto...which earned RM238.5 mil for financial year ended April 30, 2018.
https://www.thestar.com.my/business/business-news/2018/06/19/berjaya-sports-toto-fy18-core-earnings-below-forecast/
Vietnam earnings potential: 96,476,100/16,017,586 = 6.02 times
Vietnam population 96,476,100
Malaysia population 32,035,172 (assuming only 50% gambles since 63.1% are muslim) assumed population that gambles is 32,035,172 x 50% = 16,017,586)
http://vietnamnews.vn/economy/421626/vietlott-earned-1686-million-revenue-in-2017.html
http://icon8888.blogspot.com/2018/01/bj-toto-recent-sell-down-provides.html
http://www.worldometers.info/world-population/vietnam-population/
http://www.worldometers.info/world-population/malaysia-population/
https://www.livepopulation.com/country/malaysia.html
Stock: [BJLAND]: BERJAYA LAND BHD
2018-08-07 19:28 | Report Abuse
Lol..link with full info..Btw it's a good sign of increased profitability for NFOs like BJLand/BJCorp from legal gambling since Sin Tax has increase by RM238M..
http://www.theedgemarkets.com/article/sin-tax-collection-nfos-rose-rm238m-2017-says-guan-eng