It's a Hong Kong listed company, should have no problem paying, I guess...

Remaining payment of RMB 974 million from selling China Great Wall project is not yet received...

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=83844&name=EA_GA_ATTACHMENTS

so long bjcorp reaches 0.60 within a year, I would be just fine...

err... bjcorp should see currency gain cause its overseas debt but net asset will drop due to higher overseas long term asset... my understanding.

bottom? cause I bought some at 0.355...

this co. has been back and forth between .3+ and .4+ for the past 2.5 years despite a strengthened balance sheet and new business, Vietnam Toto and Kyoto Four Season...

No market tomorrow?

Alas, bjcorp drops bjtoto rises... same money in and out?

怎么 公公 always post 'big announcement soon'

Hopefully VT will keep on buying until BJCorp is at least 0.60 to show his support, assuming the uptrend continues

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5617101

Berjaya Corporation Berhad ("BCorp" or "the Company") has received a notification dated 27 November 2017 from Tan Sri Dato' Seri Vincent Tan Chee Yioun, the Executive Chairman of BCorp that he intends to deal in the securities of the Company during the closed period. .

share split, bonus?!? That's an extremely crazy idea, given BJCorp has close to 5 billion NOSH, not to mention additional shares eligible to enter the market through conversion of ICULS or warrants...

0.60, a price level I have been longing...

Is this a big joke?!?

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5610121

After several attempts to effect personal service since 31 October 2017, the solicitors of Puncak Niaga Holdings Berhad (“Puncak”) as the Plaintiff (“Plaintiff”) served the sealed Writ of Summons vide Shah Alam High Court Suit No. BA-21NCvC-72-10/2017 together with the Statement of Claim dated 27 October 2017 on:-

1. the solicitors of Tan Sri Dato’ Seri Abdul Khalid bin Ibrahim (“Tan Sri Khalid”), as the former Menteri Besar of Selangor on 2 November 2017;
2. Dato’ Seri Mohamed Azmin bin Ali (“Dato’ Seri Azmin”), as the present Menteri Besar of Selangor on 21 November 2017; and
3. The Selangor State Government (“Selangor State Government”) on 6 November 2017; collectively “the Defendants”.

The suit is initiated by Puncak against the Defendants including the Selangor State Government, who Puncak asserts is vicariously liable for the tortious acts of Tan Sri Khalid and Dato’ Seri Azmin in abusing their powers in public office/misfeasance by threatening to cause and/or requesting or attempting to cause the Federal Government to invoke use of the Water Services Industry Act 2006 (“WSIA”) to force a take-over of the State’s water industry.

Puncak claims damages, interest on damages and costs of:-

(a) the difference between the value of PNSB Water Sdn Bhd (formerly known as Puncak Niaga (M) Sdn Bhd) ("PNSB") and Syarikat Bekalan Air Selangor Sdn Bhd ("SYABAS") at the range of RM2,081,000,000.00 to RM2,353,000,000.00 and the actual purchase consideration of RM1,555,300,000.00 under the Share Purchase Agreement dated 11 November 2014 between Puncak and Pengurusan Air Selangor Sdn Bhd; and

(b) Loss of business opportunities (local and foreign) totalling RM13,496,009,000.00.

The matter is fixed for case management at the Shah Alam High Court on 28 November 2017.

This announcement is dated 21 November 2017.

Orange88 go to the website for more details, its just his own company's acquisition and disposal, a net purchase of 1 million shares

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5605081

No Date of change No of securities Type of transaction Nature of Interest

1 14/11/2017 1,000,000 Acquired Deemed Interest

2 15/11/2017 954,810 Acquired Direct Interest

3 15/11/2017 954,810 Disposed Deemed Interest

roger123, would be crazy to sell now... probably will buy some once capital freed up from selling others...

有 0.60 先我就很满意了，不介意等1-2年后才1.00

something good, now BJLand can proceed to acquire existing Selangor Turf Club land in Sungai Besi while BJCorp can earn revenue from the new turf club construction project...

err... how much is her salary, only a few ringgit, that she needs to sell shares worth about 100K to piss off VT?!?

wah, BJCorp executive director, Vivienne, so give VT face, sells when VT buys...

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5597885

1) Ordinary Shares

Date of Disposal Price Per Ordinary Share (RM) No. of Ordinary Shares % of Ordinary Shares
7.11.2017 0.375 18,540 0.000


2) 5% Irredeemable Convertible Unsecured Loan Stocks 2012/2022 of RM1.00 nominal value each ("5% ICULS")

Date of Disposal Price per 5% ICULS (RM) No. of 5% ICULS % of 5% ICULS
7.11.2017 0.4604 243,000 0.038


3) Warrants 2012/2022 ("Warrants")

Date of Disposal Price per Warrants (RM) No. of Warrants % of Warrants
7.11.2017 0.11 134,000 0.019

NO, BSG and Oriental are both owned by Loh family but they are not related, one listed (Oriental) with the other not.

leek, I'm merely responding towards prudentinvestor's claim that BJToto and BJLand contributes towards 0.60 per share for BJCorp. Based on current market value, these two companies can't contribute this much.

hippoyin, just enjoy doing the readings and analysis, investment-wise, it has been a sad story for the past three years with Puncak Niaga.

Personally, I used to believe BJCorp should at least be worth between 0.60 - 1.00, but it was when BJToto traded around 3+ and BJLand around 0.7+. With BJCorp businesses so diverse and hard to evaluate, at least in my capacity, I can't offer much except knowing that its undervalued, haha...

Don't think RM 0.60 per share makes sense

BJLand --> 40.20% BJToto, BJToto market cap RM 3.2 billion @ RM 2.37/share
= RM 1.2864 billion

BJCorp --> 75.11% BJLand, BJLand market cap RM 2.00 billion @ RM 0.40/share
= RM 1.5022 billion

--> (48.58-40.20 = 8.38)% BJToto, BJToto market cap RM 3.2 billion @ RM 2.37/share
= RM 0.2681 billion
(40.20% is held indirectly through BJLand and can't be included in valuation)

So, at best BJCorp value in both BJLand and BJToto = (1.5022 + 0.2681) = RM 1.7703 billion

BJCorp NOSH = 4.924 billion

BJLand and BJToto's value contributes to BJCorp a RM 0.3595 per share

angiess, I have stopped calling SC...

So happy, even clueless why price up...

听了，感觉就像他在脱裤子放屁一样。。。

freetospeak, 抱歉，让你误会了，我之前提出的不是针对你，而是对VT的‘对股东负责’感到厌恶而已...

freetospeak, VT back to be answerable to stakeholders? That's a BIG joke!

我是听这里的说在股东会议里VT儿子说1年内就能有贡献，又加上我看重整业务挺不错，就在今年又加码了，后来看股价没什么动静就去股东会议里听听，有点失望。。。现在觉得明年年中之前还不太能有显著表现，除非是什么突然性的惊喜公布，那我就不敢说了。。。

hippoyin 股价上，没有看法，因为这有关系到投资者和投机者对VT的眷顾和对他儿子的眷顾不一样。业务上，不觉得会有什么差别。股东会议上，我问了以下问题：

1. Ritz-Carlton Residences 的进展，主要担心销售状况和有关建筑已经延长太多时间导致现金被压挤。所幸的，被告知已经完工在销售中，已抵达30%销售额（很可笑的是 EDGE 杂志隔几天后的广告提出的反而是快50%的销售额-不知道那个是胡扯？！？） 另一个压挤现金的日本FOUR SEASON已经建设完毕，所以我就没提问了。

2. 中国的 GREAT WALL 脱售进展，主要担心收回余款有问题。所幸的，被告知没问题（希望没瞎扯或我没听错。）

3. JEJU 诉讼案进展，主要希望能尽快处理完毕好降低不带现金流的停滞业务。不幸的，被告知有关诉讼没法能在短时间内解决。

4. VIETNAM TOTO 的业务，什么时候可以看到盈利贡献，这个提问不是因为担心现金流而是希望了解能提振公司盈利的业务在什么时候能够体现。可惜的是，VT的儿子提出 3-5年后才能开始体现。希望有关估算是保守的，而实际盈利贡献能在1年后体现到。

其余小股东提出的，有几个是相对有趣的：

1. SPORTS　TOTO　的goodwill 和 intangible 折损拨备为什么那么高？集团采用 9%的利率来推算。这也就是说，目前的估值，TOTO 是能提供年均 9% 的回酬。另，个人感觉政府最近对付地下赌博好像比较积极了，希望能够稍微改善 SPORTS TOTO 的盈利状况，毕竟赌球的趋势感觉很难抵挡。

2. bukit jalil 和 bukit Kiara 的被发展潜能？有关2个地段每个超过100英亩都是公司持有的，目前虽然没有发展，但可盈利潜能还是有的，就只是目前市况不宜发展而已（VT儿子提及的高尔夫球场的会员利益，我基本忽略了，VT那么自私的人凡是以自己利益为主，那会考虑会员利益，哈哈）。


个人觉得 BJCORP 的业务不振很大原因是近期的投资都是失利的，从中国GREAT WALL， 韩国 JEJU，越南 房地产到直销 cosway。 占据资源但没贡献又霸占人力资源。感觉在逐步改善，希望我的猜测是对的。

stockraider, VT is and has been all the time behind BJC, back or front...

err... hope its not return of j died...

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5590069

Date of change 01 Nov 2017
Name TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN
Age 65
Gender Male
Nationality Malaysia
Designation Chairman
Directorate Executive

VT cares about his empire and family, but we minorities are neither his family nor members within his empire. We are just powerless minorities awaiting his handouts...

9% is used to value it's intangible and goodwill(?) lah... the higher the percentage the lower the present value of it's intangible and goodwill in the balance sheet, meaning higher impairment. It's raised when asked about the impairment cause bjcorp is making 1-2% on it's equity according to one asking question

Visited Ritz Carlton Residences, still not handed over to buyers, wonder poor sale or stupid construction progress...

chanky50, thanks for sharing your technical analysis view

was I wrong, notice the past 2 weeks, when bjcorp down, bjtoto up, when bjcorp up, bjtoto down

chonghai, I will vote NO to TRIPLC deal for all shares that I am holding on Puncak whether the deal will go through or not. So long that I can generate positive return on my holdings, I will trade accordingly just to that my cost of investment will be recovered. Thereafter, I will never touch any company associated with Rozali.

boring but safe with increased dividend from a new boss?

Biker2b, thanks. Its indeed crazy for BJToto to invest in non core, particularly HR Owen...

Well, I would be happy to see BJCorp price between 0.60 - 1.00, a level not seen since 5 years ago...

any mention about the Vietnam Toto and its contribution towards BJToto? Thanks...

sharing responses from BJCorp on my questions:

1. FY18 1st quarter report

MY: In this quarter report, there's asset(s) held for sale amounting to RM 516 million and I can't source any description about this in the quarterly report (Only RM 43 million of asset(s) is held for disposal in FY17 annual report. Could you kindly help in identifying as to what assets in particularly that's being placed for disposal. Given the huge sum, it would be great if minority shareholders reading the report could have some idea as to what it is.

BJCORP: The increase in the “assets held for disposal” is due to management having identified certain assets which the management has intention to dispose of, according to FRS 5:Non-current assets held for sale and discontinued operations. No announcement has been made thus far as no definitive agreement of sale and purchase has been entered into. When such sale and purchase transactions are consummated, the appropriate announcements will be duly made to the Stock Exchange.



2. FY17 4th quarter report

MY: In this quarter report, the financing cost amounts to RM 126 million (vs FY16 4th quarter report's RM 102 million) when the debts in FY17 4th quarter is less than FY16 quarter. Compared this to FY18 first quarter's RM 91 million while debts have not reduced significantly. Kind enough to share what's causing the sharp rise in financing cost during the FY17 4th quarter?

BJCORP: The increase in the “financing cost” in Q4 of the FYE 2017 mainly relates to the effect of discounting the amount receivable for the disposal of the Great Mall Project (as disclosed in Note 15.2(3) of BCorp’s annual report for FYE 2017). This “discounting effect” is a non-cash effect and it is required under the accounting standards to present receivables fairly. It represents an opportunity cost, calculated based on the risk profile of the debtor, to the Group.

I believe I have done my best in trying to provide my view from a minority shareholder's perspective. Given SC's responses thus far, there's little point to pursue through this agency given genuine doubts over its transparency, accountability and fairness (neither doubt I will ever approach SC going forward, shitty experiences whether SC will eventually offer any fair judgment protecting minorities!). Neither am I keen to sell my stake at such a cheap valuation.

Probably will either trade like hng33, exit little by little with every possible chance existed or hold till a fairer market valuation on this company.

easier, blackmail Genting, allowing the casino or a HUGE cemetery will be planned on that land next to Genting, haha... see if Genting business will be affected?!?

Malaysia actually needs more housing development, just not those priced in the millions, but those Malaysians can actually pay for. Unfortunately, those most Malaysians can afford are not built or too far from work and deemed expensive after transportation cost is considered. Those Malaysians can't afford are built but not occupied. Guess this is just phenomenon commonly seen throughout the world now.

calvintaneng, VT family members can collect huge paychecks from BJCorp and its subsidiaries and flying jets (hopefully not paid by BJCorp and its subsdiaries) even when not a single cent of dividend is declared, can we minority shareholders enjoy this 'special privilege'?

If yes, then there's an apple to apple comparison on the cost of VT shareholding in BJCorp, otherwise, its nonsense talk!

angiess no, refer to this for newest update

http://www.bursamalaysia.com/market/listed-companies/list-of-companies/plc-profile.html?stock_code=6807

Think sluggish share price has nothing to do with asset value, it has more to do with trust in the majority shareholder and willingness/ability of relevant authorities assuring retail investors interests are protected/defended