Lol...last time BJcorp went up because of pix of Vt with Tun M having Karipap..maybe next week got pix of Vt having Sushi with Tun M?

Lol...u can purchase this information from morningstar or confirm with dealers from Rhb/Macquarie IBs lurking here..

Lol...many foreign funds & institutions accumulated BJcorp shares on the 6 June 2018...
Top 20 foreign funds shareholding now 266,154,302 up 1,594,553 shares
Top 20 foreign institutions shareholding now also 277,934,981 up 509,674 shares

Lol...more exciting news coming..
"The government is expected to announce the new rate in August after consulting its informal advisory panel, the Council of Eminent Persons. Tan added he was keen to help the council resolve the country's financial problems and would be glad to meet them if invited.

"If Tun Mahathir invited us, definitely I want to go. All of us definitely have ideas and opinions that we want to express.

"We want Malaysia to be more successful, we want to contribute to more employment in the country," he said. He believed that Malaysia's reputation and economy can bounce back with the change in government, especially if press freedom is maintained."

https://thecoverage.my/news/tan-sri-vincent-tan-keen-help-council-eminent-persons-resolve-countrys-financial-problems/
http://www.thesundaily.my/news/2018/06/07/pay-rise-ministers-curb-graft-vincent-tan

Lol..guess what..but Vt already got "right of first refusal"..btw the signal is already there..anyway Vt rarely gives press conference..

BJcorp beat five other bidders to win a tender to operate Vietnam’s computerised lottery system.
https://www.thestar.com.my/business/business-news/2014/05/13/bcorp-wins-vietnam-lottery-system-tender/

What happens next?
https://klse.i3investor.com/blogs/laulauramblings/147847.jsp

Lol...big difference..anyway Vt is back in the news..3 articles in one day..whether u like Vt or not something is definitely cooking..

Vincent Tan thanks Sultan of Johor for support in helping Cardiff's return to the Premier League
https://www.thestar.com.my/news/nation/2018/06/07/vincent-tan-thanks-sultan-of-johor/

Lol...duty free international airport with shopping mall, clubs & hotel modelled on Jeju Korea Resort style to bring in the big spenders from China, Singapore etc..good for Malaysia economy..there is a feeling.. big money is coming back from overseas soon?

Lol...still time 2 book Ur tickets 2morro

Lol...dun worry..it's just a waiting game if u know what to expect..only thing is Vt better strike while it's hot when Tun M's still around?

Lol...what could be discussed at the National Finance Council with YB Lim?

Prime Minister Tun Dr Mahathir Mohamad is at the Finance Ministry here to chair the National Finance Council meeting. He arrived at 9.40am on Thursday (June 7) and was greeted by Finance Minister Lim Guan Eng.
https://www.thestar.com.my/news/nation/2018/06/07/dr-mahathir-chairs-first-national-finance-council-meeting/

Lol...actually already got Berjaya Tioman Resort only 50km from Mersing next to 2nd link to Singapore..BN opposition govt in Pahang also needs alternative sources of income..can develop like Jeju Korea Resort

Lol...even Macquairie feels the coming tp/ strike price for BJcorp should be around 42 sens?
https://www.malaysiawarrants.com.my/tools/underlying/BJCORP

Lol...beware the USD220 billion man is coming..

David Gaud the Asia CEO of the US$220 billion (RM874 billion) Pictet Wealth Management, turbulence in the region’s markets is good news for old-fashioned stock pickers. Gone are the heady days of 2017 when long-only investors could buy a handful of big-name tech stocks and sit back and watch them surge. In their place is a market where value investing looks promising again, and where, despite all the noise, growth is still “very much present”. Gaud has been buying Malaysian stocks after Dr Mahathir Mohamad’s surprise election win last month.

http://www.freemalaysiatoday.com/category/nation/2018/06/07/why-us220-billion-manager-is-optimistic-on-malaysia/

Lol...interesting..since BJcorp launched its Vietlott lottery operations with its first game on 18 July 2016, the lottery operations should breakeven within 3 years by July 2019 with profits thereafter?

http://www.thesundaily.my/news/1905673
https://www.thestar.com.my/business/business-news/2016/01/21/bcorp-gets-lottery-project-in-vietnam/

Lol..4D not monopoly already got Magnum, DaMaCai 3D+1, Toto, Sabah 3D, Sandakan 4D, Sarawak 1+3D & 3D...

Lol...SSgA Funds Management Inc bought 4,037,667 BJcorp shares on the 05 June 2018
https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=7664726
SPDR® S&P Emerging Markets Small Cap ETF bought another 4,037,667 BJcorp shares also on 05 June 2018
https://www.reuters.com/finance/stocks/overview/EWX

Lol...Government looking into ways to break up monopolies..Genting Casino? Astro? etc. etc..good for Vt..

https://www.malaysiakini.com/news/428526

Lol...bursa up 17.5 points to 1773.2 already..Dow futures also up..resistance is futile..

Lol...BJcorp financial year is 30-Apr-2018..will there be good news end of this month?

Lol...a more detailed coverage by dealstreetasia...

https://www.dealstreetasia.com/stories/malaysias-berjaya-land-sells-vietnams-finance-center-project-to-vinhomes-99135/

Lol...will it be repeated in 2018?

Berjaya Corp founder hopeful of green light for sports betting
http://www.thesundaily.my/news/2080565

Lol...they forgot about the favourable impact of rm20 billion cash injection into the economy by zero rating of gst by PH govt. for 3 months from 1 june to 30 september 2018 which will be good for BJland's profitability & biz..

Lol...call it a day means BJland...exits the property biz for BVFC & BVIUT for cash...otherwise how can Vinhomes classify BVFC & BVIUT as subsidiaries in their prospectus during listing at Vietnam stock exchange? Oh yes..don't forget there is still one more unidentified Berjaya Vietnam subsidiary for sale for significant gains..

Lol...if I owns a company with initial capital of 1m, nobody in his right mind will inject 99m when I still owns 100% of the company and controls the 100m in it's accounts after the injection...unless that somebody pays me compensation for me to give the right to somebody to own 99% of the company & its assets including the cash no?

Lol...something is up..volume at BJland suddently spike up n now exceeds BJcorp today?

Lol..don't forget the USD4.2 Billion compensation due from the stopped Berjaya Jeju Korea Project?

http://www.koreatimes.co.kr/www/news/nation/2016/01/116_195432.html

Lol...from the announcements yesterday plus the articles above..what it means is Berjaya Land Bhd (BLand) has decided to call it a day and the property group is divesting its investment in 3 major properties with substantial gains in Vietnam and bring back the Billions in cash as working capital to save in interest payments (RM400 million?) on loans for its projects in Malaysia..they are probably waiting for for the PH government to announce some kind of tax amnesty before making the big announcement to bring back the money..if u still have extra cash just sailang before the news is out..

Lol..there are 2 parts in the sales & purchase confirmed by BJland today..
1. Berjaya Vietnam Financial Center (BVFC) project VND2 trillion (USD89 million) acquiring 67.5% fro BJland - already announced..
2. Berjaya Vietnam International University Township One Member LLC VND11.75 trillion (USD515.6 million) - no yet announced?

"Vingroup acquires two mammoth projects from Berjaya

Leading multi-functional conglomerate Vingroup has recently acquired two projects from Malaysian Berjaya Corporation which have been delayed for a long time.

Vinhomes, Vietnam's leading real estate management company and the property management arm of Vingroup, has completed the purchase of 97.7 per cent stake in Berjaya Vietnam International University Township One Member LLC from Malaysia’s Berjaya Corporation.

This VND11.75 trillion ($515.6 million) deal aims to acquire the long-delayed Vietnam International University Township (VIUT) project.

BerjayaVietnam International University Township One Member LLC is the investor of the long-delayed VIUT project.

The project, which received its investment certificate in July 2008, is located at Tan Thoi Nhi commune in Hoc Mon district. It has an area of 925 hectares and investment capital of $3.5 billion.

According to its design, Berjaya would have set aside 100 hectares for a university. The township was to have 20 schools offering education from kindergarten to high school. The remaining 15-ha area was going to be a multi-purpose complex with a commercial area, residential area, administrative and cultural area, and a healthcare centre that would have operated in conjunction with the university, as well as a gym and a park.

At the point of receiving the investment certificate in 2008, VIUT was the largest foreign direct investment project in Ho Chi Minh City. The city authorities pegged a lot of hope on the project, giving credit to Berjaya’s renown as a big real estate developer.

After ten years, however, the project is still a field of grass and the Ho Chi Minh City People’s Committee requested the city's Department of Planning and Investment to either resolve the difficulties that the Malaysian company is having in implementing the project or revoke the investment certificate.

The investor told VIR about a month ago that it plans to kick-off the construction of the project early this year, however, to date, the construction has been immobile—and has now been taken over by Vingroup.

After the VUIT acquisition, Vinhomes also finished its capital contribution of more than VND2 trillion ($89 million) to Vietnam Berjaya Financial Centre this March, acquiring 67.5 per cent from the investing company of this project.

Located in District 10 of Ho Chi Minh City, the $930-million Vietnam Financial Centre was proposed to have five 48-storey buildings with a total of 600,000sq.m of floor space. It has also been delayed for many years. The site is now used as a parking lot for nearby restaurants.

Berjaya has a series of real estate projects that came along slowly after receiving their investment certificates. In 2013, the authorities of the southern province of Dong Nai revoked Berjaya’s investment certificate for Nhon Trach New Urban Area project because the company failed to start implementation.

In addition, sales were lacklustre at the Bien Hoa City Square apartment complex in Dong Nai, and the Hanoi Garden City urban area in Hanoi.
http://english.vietnamnet.vn/fms/business/199098/business-in-brief-19-4.html

Lol...Berjaya: from zero to hero

http://www.vir.com.vn/berjaya-from-zero-to-hero-47424.html

Lol..don't forget about this..even though Selangor Govt. has appealed last year...I think the judicial review will be upheld in favour of BJland..now that PH is the Federal Government & Selangor no more Pas..the substantial cash coming back could be used to develop more projects?

http://www.theedgemarkets.com/article/berjaya-land-wins-judicial-review-proceed-construction-new-selangor-turf-club

Lol...Dr Mahathir’s return restored Japanese faith, says ambassador..with Japan's confidence in Malaysia's economy..very sure foreign investors & world credit agencies will take notice soon..maybe Vt will even accompany Tun M's business delegation to Japan considering BJ group got on-going projects in Kyoto & Okinawa?

"The Japanese ambassador to Malaysia, Makio Miyagawa, said Japanese industries had hesitated to make investments in Malaysia over the past three years due to risks in the country's political and economic circumstances. With the comeback of Dr Mahathir, I'm sure our industries will be very delighted to think positively of their engagement with Malaysia and its industries," he told Bernama today."

Japan is Malaysia's largest foreign direct investment (FDI) contributor. Last year, its FDI stock to Malaysia was approximately US$13 billion (RM51.7 billion).
https://www.themalaysianinsight.com/s/52368

Lol...new blood & change of old guards could mean something is brewing for BJ group?
https://www.thestar.com.my/business/business-news/2018/06/01/bsports-toto-appoints-nerine-tan-as-ceo/

Lol...with the exception of c9..if u observe carefully..most call warrants were issued before 9 may..after that the world has turned upside down for most BN related stocks..while PH friendly stocks has gained considerably..rhb the issuer for c9 may just be wrong to bet against the upwards trend for PH friendly stocks..anyway time will tell in 6 months time..

Lol...call warrants is purely gambling, win big or lose big. It is not investment at all, that's the reason Warren Buffet hates structured warrants..anyway c9 is not popular as only 4,275,000 units (10.68% of total issue) transacted vs issue size available 40,000,000 units with average price range of rm0.075 to rm0.09 since issue date 15/5/2018 (still has 6 months to go before maturity on 22/11/2018..along the way..there's still c5 to c8 call warrants with much higher exercise price of rm0.35 to rm0.42 from other IBs..with current price of rm0.295 there's still room to move upwards for both gamblers & IBs..

BJCORP-C5 CALL WARRANTS 14/11/2017 24/07/2018 Exercise Price RM0.35
BJCORP-C6 CALL WARRANTS 20/11/2017 31/07/2018 Exercise Price RM0.42
BJCORP-C7 CALL WARRANTS 13/12/2017 24/08/2018 Exercise Price RM0.385
BJCORP-C8 CALL WARRANTS 02/03/2018 07/09/2018 Exercise Price RM0.36
BJCORP-C9 CALL WARRANTS 16/05/2018 22/11/2018 Exercise Price RM0.28.
https://www.sc.com.my/wp-content/uploads/eng/html/resources/guidelines/glines-cw.pdf

Lol...today is zero gst day..all purchases starting today including BJcorp/Bjland for the next 3 months incurs no tax & stamp duty!
"with RM20.7bil to drive the economy..there is no reason for consumer stocks like BJcorp/Bjland not to make profits.."
https://www.thestar.com.my/news/nation/2018/06/01/rm207bil-to-drive-the-economy-lifting-gst-main-contributor-to-increasing-disposable-income/
https://www.thestar.com.my/news/nation/2018/06/01/businesses-and-spending-looking-up/

Lol...what a breath of fresh air today..all major world indices are green today..including Bursa..up 26.0 points already..those who shorted earlier will be in for a surprise?

Lol...the ball has just started rolling with World Cup 2018...will it ends at Vt's feet?

"The Pakatan Harapan government’s manifesto for the recent GE14 stated that the party would like to abolish Astro’s monopoly on the satellite TV industry when it becomes the government".
https://www.thestar.com.my/business/business-news/2018/05/31/astro-shares-continue-on-downtrend/
https://www.soyacincau.com/2017/08/17/astro-paytv-new-competition-ansa-broadcast/
https://www.thestar.com.my/business/business-news/2017/08/16/astro-to-face-competition-from-new-cable-tv-operator-ansa-broadcast/

Lol...read below & u will understand..can't understand why people from Inter-Pacific Securities still desperate to flog an old horse..must be under pressure from Vt?

...just remember SBBS is only a 49% subsidiary of Inter-Pacific Securities Sdn Bhd (IPS) directly under Malaysia-based listed company, Berjaya Corporation Group...so any share of loss up to 49% would have been provided as impairment provision by Inter-Pacific Securities Sdn. Bhd in it's accounts (way back in 2011) when the fraud was discovered in 2011.
https://www.berjaya.com/media-coverage/2009/190109_thesun2.html

"Saigon Bank Berjaya Securities JSC (SBBS) is a joint venture between three strategic shareholders namely Inter-Pacific Securities Sdn. Bhd (IPS) directly under Malaysia-based listed company, Berjaya Corporation Group, Ky Hoa Tourism & Trading Co and Saigon Commercial Joint Stock Bank for Industry and Trade (Saigon Bank)."
http://vccinews.com/news_detail.asp?news_id=25677

"..some facts from the Vietnam Vietinbank trial’s verdict announced on February 9, from May to September 2011..today's Vietnam appeal court decision is just to determine who is going to pay the compensation decided more than 6 years ago..just some people flogging an old horse hoping for monetary gains..
http://www.vir.com.vn/court-reviews-swindling-case-of-ex-vietinbank-official-59603.html
http://www.vir.com.vn/life-sentence-upheld-for-banker-who-embezzled-trillions-of-dong-32566.html
btw Huynh Thi Huyen Nhu at the centre of the Vietnam fraud still has around VND230 billion ($10.85 million) in assets and properties purchased with the fraud money for compensation..

Lol...fat chance unless we become Banglasia in 5 years time if BN had won on 9 may..
https://countryeconomy.com/ratings/malaysia
https://en.wikipedia.org/wiki/List_of_countries_by_credit_rating
https://www.theguardian.com/news/datablog/2010/apr/30/credit-ratings-country-fitch-moodys-standard

Lol...dow jones up 306 points after Italy worries settled..Vt buy more shares before good news announced? as more apologists appears..

Lol...the truth is already all over the internet..somebody's is just buying time to increase his direct shareholdings in BJcorp before any official announcement...since nobody would have expected Tun M to return as PM..that's why the pussy footing around..anyway Vinhomes is only one of the factors..so far Vt only got 22.85% direct shares..where got enough?
https://klse.i3investor.com/insider/substantialShareholder/3395/26-Apr-2018/427105_2429363602.jsp

Lol...remember the rule of law..to benefit from Vinhome deal Johor Royalty would need to invest in BJcorp/ BJland first..so don't be surprised if they suddently become substantial shareholders out of the blue..just like BJassets & 7-Eleven..

Lol..guess what could be cancelled soon by the PH Government?

1. Some people in Malaysia particularly those involved with the stock markets seem keen to legalise what is called “short selling”. Basically short selling is about selling shares or currencies or other assets that the seller does not have with the expectation that the sale would push the prices down. Once the price is down the seller would then buy to deliver to the earlier buyers he had sold to at a higher price.
2. Short selling is not speculation. It is manipulation of the market with almost certain success to be had. Other investors or buyers would lose money as they would be left holding the devalued shares or money or whatever.
3. Malaysia had banned short selling in the past. We regarded it as unfair and damaging to genuine investors.
http://chedet.cc/?p=423

Lol...just remember SBBS is only a 49% subsidiary of Inter-Pacific Securities Sdn Bhd (IPS) directly under Malaysia-based listed company, Berjaya Corporation Group...so any share of loss up to 49% would have been provided as impairment provision by Inter-Pacific Securities Sdn. Bhd in it's accounts when the fraud was discovered in 2011.
https://www.berjaya.com/media-coverage/2009/190109_thesun2.html

"Saigon Bank Berjaya Securities JSC (SBBS) is a joint venture between three strategic shareholders namely Inter-Pacific Securities Sdn. Bhd (IPS) directly under Malaysia-based listed company, Berjaya Corporation Group, Ky Hoa Tourism & Trading Co and Saigon Commercial Joint Stock Bank for Industry and Trade (Saigon Bank)."
http://vccinews.com/news_detail.asp?news_id=25677

Lol...guess whose group of companies has the expertise in land reclamation in Johor & also friends with Tun M & Johor Royalty..can kill 2 birds with one stone?
https://www.thestar.com.my/business/business-news/2017/08/09/berjaya-assets-looks-to-raise-rm1bil/
http://theindependent.sg/middle-rocks-could-nullify-singapore-gains-on-pedra-branca/

Lol...just sharing some stories on BJgroup from 10 years back..as the master & mentor make their comeback!
http://www.financetwitter.com/2006/12/will-vincent-tan-finally-moves-his.html
http://www.financetwitter.com/2007/10/would-you-like-to-make-100-percent.html
http://www.financetwitter.com/2007/10/stocks-frying-101-with-iron-chef.html

Lol...something light for all..
https://www.thestartv.com/v/kim-jong-un-trump-i-m-here-in-singapore

Lol..some facts from the Vietnam Vietinbank trial’s verdict announced on February 9, from May to September 2011..today's Vietnam appeal court decision is just to determine who is going to pay the compensation decided more than 6 years ago..just some people flogging an old horse hoping for monetary gains..
http://www.vir.com.vn/court-reviews-swindling-case-of-ex-vietinbank-official-59603.html
http://www.vir.com.vn/life-sentence-upheld-for-banker-who-embezzled-trillions-of-dong-32566.html
btw Huynh Thi Huyen Nhu at the centre of the Vietnam fraud still has around VND230 billion ($10.85 million) in assets and properties purchased with the fraud money for compensation..

Anyway bursa and dow jones will be up tomorro as the biggest news is..the peace Summit between Trump with North Korea scheduled for 12 June in Singapore - back on track?
https://www.telegraph.co.uk/news/2018/05/29/kim-jong-uns-right-hand-man-reportedly-way-washington-talks/?li_source=LI&li_medium=li-recommendation-widget
https://www.straitstimes.com/asia/east-asia/top-aide-to-north-korean-leader-lands-in-singapore-as-summit-preparations-continue
https://www.telegraph.co.uk/news/2018/05/28/south-korean-president-may-join-singapore-summit-donald-trump/

Lol...many short sellers from Inter-Pacific Securities will be in for a surprise from the Market soon..
btw the fraud in Vietnam was discovered in 2011..more than 6 years ago..with BJcorp's record efficiency in providing for impairments as compared to announcement of gains for sale of assets, very sure BJcorp’s subsidiary, Inter-Pacific Securities would have provided for contingent liabilities for possible losses in it's account many years ago..anyway the share of loss if it materialise is only 49% of 10 million..as SBBS (Vietnam) is only a 49% subsidiary of BJcorp's subsidiary, Inter-Pacific Securities..

"SBBS' Yei said her company had 210 billion dong deposited at VietinBank at the end of August 2011, and was shocked when two months later just 1 percent of the money remained. She said she has spent the intervening years trying to recover the funds and that SBBS and four other victims brought the latest appeal."

"Berjaya Corporation Berhad (BCorp) on Friday announced its inroads into the Vietnamese financial market by launching a joint-venture stockbroking firm known as SaigonBank Berjaya Securities Joint Stock Company (SBBS), a newly licensed stockbroking company in Vietnam. BCorp’s subsidiary, Inter-Pacific Securities Sdn Bhd, owns a 49% stake in SBBS and Ky Hoa Tourism and Trading Company Limited (Ky Hoa Co) has 13%, the Saigon Bank for Industry and Trade 11% and about 90 Vietnamese individual shareholders owning the remaining 27%. SBBS has a Charter Capital of VND300 billion (US$18 million) and is fully licensed in all areas of securities trading and securities-related businesses. Ky Hoa Co has over 25 years experience in the hospitality industry and is owned by the Ho Chi Minh City’s Communist Party Committee. Saigon Bank for Industry and Trade was established in 1987 and is one of the fi rst joint stock commercial banks in Vietnam. It has a network of 62 branches and sub-branches and a staff force of 1,227. Inter-Pacific Securities Sdn Bhd has over 500 dealers, remisiers and staff operating in six locations across Malaysia."
https://www.berjaya.com/media-coverage/2009/190109_thesun2.html
https://www.thestar.com.my/business/business-news/2018/05/29/vietnam-set-to-make-key-ruling-on-countrys-biggest-ever-fraud-case/

Lol...some ideas for MOF

"Malaysia Finance : Deconstructing Malaysia Debt – Legalising Sports Betting and Gambling Will Generate Additional RM 15 Billions A Year"
https://thecoverage.my/news/malaysia-finance-deconstructing-malaysia-debt-legalising-sports-betting-gambling-will-generate-additional-rm-15-billions-year/?utm_source=englishsite&utm_medium=notification&utm_campaign=autopush