Berjaya Land wins judicial review, to proceed with construction of new Selangor Turf Club

Recap "In 2004, Berjaya Tagar a subsidiary of BJland had entered into an agreement with STC for the acquisition of three parcels of leasehold land measuring a total of 245 acres in Sungai Besi for RM640 million, of which RM35 million will be paid in cash and the balance of RM605 million will be satisfied by a transfer to STC of 750 acres of land in Bukit Tagar with a newly built turf club.

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

Hope to get at 32 sens again?

Looking at past BJ privatisation exercise by TSVT..the fair value can range from 65 sens to a high of 90 sens...however it is important to to maintain the five-day volume weighted average market price of BJLand as high as possible prior to the serving of notice to get the highest possible offer price..

BJ Land : Plenty of Muscles, Now Got Brains! with the return of TSVT assisted by John Pridjian

Buy while somebody still want to sell cheap for this cornered stock.

Sum of Parts For BJLand

Sum of Parts = Adjusted Assets - Adjusted Liabilities
= RM9.163 billion - RM4.564 billion
= RM4.599 billion.
Divided by 5 billion BJ Land shares, Intrinsic Value = RM0.92 per share.
https://klse.i3investor.com/blogs/icon8888/99941.jsp

It looks like a another married deal...TSVT is transferring 954,810 shares from his Deemed Interest to his Direct Interest in MIDF Amanah Investment Nominees (Tempatan) Sdn. Bhd. trust account just like BJLand...definitely something is brewing...
https://klse.i3investor.com/insider/substantialShareholder/3395/16-Nov-2017/412929_3056501514.jsp

TSVT & BJCorp purchased most of BJLand shares in early 2017, when the price was around 70 sens to increase their shareholdings to 78.8% currently...At current BJLand share price, it makes sense to buy when price is still low...as making profits for 4 straight quarters already and the coming Qtr. 2 results will be very good with profits from China Mall & Vietnam Resort sales...

t's time to board the train...once BJCorp moves up...BJLand will follow as TSVT has stated his intentions to deal during the closed period before QTR. 2 result is announced in December?
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5606825riod...

Looking at past BJ privatisation exercise under BJCorp..the fair value can range from 65 sens to a high of 90 sens...however it is important to to maintain the five-day volume weighted average market price of BJLand as high as possible prior to the serving of notice to get the highest possible offer price..

Since TSVT & BJCorp already own 78.835% of BJLand, could privatization be possible and history repeats?
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5606825

Quote " Berjaya Retail up on privatisation offer - The five-day volume weighted average market price of B-Retail shares up to March 4, being the last trading day prior to the serving of the notice was 41.2 sen.At 41.2 sen, the offer for the shares at 65 sen each was a premium of 23.8 sen or 57.7%."
http://www.theedgemarkets.com/article/berjaya-retail-privatisation-offer

Looks like no news already? Happy Holidays..

Eventhough bjland is undervalued as pressed down by certain beneficiaries...I believe bjland is a better bet..why?
1. most bj subsidiaries like bjland, bjtoto has higher share value so bjland as a subsidiary (more focussed business) will appreciate more as making profits for 4 straight quarters already.
2. Looking at profitability trends, bjland qtr. 2 profits the highest for 2016 & 2015. The next Qtr. 2 2017 profit to be announced by 29 Dec. will be very good with profits for sales from China, Korea, Japan, Singapore business etc.
3. Berjaya Land Bhd (BLand) will resume the development and construction of the new turf club and equestrian centre in Sungai Tinggi, after the Shah Alam High Court ruled in its favour, following a judicial review.
http://www.thesundaily.my/node/501927

It looks like a married deal...TSVT is transferring from his Deemed Interest to his Direct Interest in MIDF Amanah Investment Nominees (Tempatan) Sdn. Bhd. trust account just like BJLand...definitely something is brewing...
https://klse.i3investor.com/insider/substantialShareholder/3395/16-Nov-2017/412929_3056501514.jsp

Yes...today is the best time to buy BJLand when still low...even TSVT is transferring 6.32 million shares from his deemed interest into his direct interest...just like BJCorp, there will be more purchases by TSVT...something is definitely cooking...buy low before everybody does...
https://klse.i3investor.com/insider/substantialShareholder/4219/16-Nov-2017/412945_1057268448.jsp

Just a word of caution...off market deals of more than 300 million at what price? Below 3 sens? Btw Bursa now only at 1,720 points and looks like going lower anytime...if move to property is a bad move...just look at Sanichi...a few rounds of share consolidation and rights issue and still going to Holland...

194 million new shares listed today...sales volume around 40 million ...assuming similar sales volume, should take 4.85 days to clear at RM0.05...say by Wednesday next week?

While waiting for Sumatec to ripen...Something is brewing at BJLand...& I like the aroma....

Appointment of John Pridjian as a Director of BJLand...same day as TSVT come back to BJCorp as Executive Chairman...
http://www.bursamalaysia.com/market/listed-companies/company-announcem...

John Vaughn Pridjian J.D.
Currently, he is the Chief Financial Officer of Old Peak Group Limited, an independent investment firm focused on the Asia Pacific region for global institutional investors.
http://www.bursamalaysia.com/market/listed-companies/company-announcem...

John Vaughn Pridjian J.D.
Chief Financial Officer, Penta Investment Advisers Ltd.
Age 52
Background
Mr. John Vaughn Pridjian is the Chief Financial Officer at Penta Investment Advisers Limited. He joined Penta in 2004. Mr. Pridjian is the Chief Executive Officer and Executive Director of Hong Kong Building and Loan Agency Limited since July, 2007. Prior to joining Penta, he was a Tax Principal for two years at Deloitte and Touche L.L.P., and was also a Member firm partner approximately for one year at the Arthur Andersen L.L.P. tax practice acquired by Deloitte. Prior thereto from 1993 to 2001, Mr. Pridjian was a Partner and practiced law at Sidley Austin L.L.P. in Los Angeles. His practice focused on advising private equity and multinational corporate clients and hedge funds on cross-border mergers, acquisitions and investment transactions. He is a Member of the State Bar of California and has written several law review articles. Mr. Pridjian is registered as a Certified Public Accountant in the State of Illinois. He received his J.D. and Bachelor of Science degrees from the University of Illinois. Mr. Pridjian received his degree of Master of Business Administration from the University of Chicago.

http://www.bloomberg.com/research/stocks/private/person.asp?personId=4...

The listing date for the new 70 million shares is tomorrow...since ACP still got 92 million share in hand...maybe will start throwing from now?

With 164,319,247 shares to sell...hopefully "Everybody can get at between 0.03 to 0.025 sens per share soon"

Actually it's a win win situation for Sumatec. The Additional Listing Private Placement - 194,221,000 shares at 0.046 equals to RM8,934,166 for Sumatec's working capital for business. The 8.69% is actually borrowing cost or a premium for the working capital funded by shareholders at no cost to the company. As long as crude price is still increasing, the future returns to the shareholders will be more than this. The investor can resell immediately or wait for the share price to increase before selling at a greater profit.

After BJcorp....I think VT has started buying BJland...so don't miss the party :)

BJcorp moves after VT starts buying BJcorp...VT postponed his intention to buy BJLand earlier ..once VT starts buying.... BJland will also flies...

Quote"
Berjaya Land Berhad ("BLand") has received a notification dated 25 August 2017 from Tan Sri Dato' Seri Vincent Tan Chee Yioun, a Director of Sports Toto Malaysia Sdn Bhd, a major subsidiary of BLand, that he intends to deal in the securities of BLand during the closed period. His interest in the securities of BLand as at 25 August 2017 is set out in the table below:

Direct Interest 62,232,800 1.247%
Indirect Interest 3,871,165,072 77.588%
Total 3,933,397,872 78.835% "

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

Money, Money, Money
Must be funny
In a rich man's world
Money, Money, Money
Always sunny
In a rich man's world

Oh yes, don't forget VT & BJcorp already owns more that 78% of
BJLand...so if BJCorp moves up...BjLand will follows...

How wonderful...Ah long just subscribed for another 46,948,356 DBE new DBE shares @rm0.21?
https://klse.i3investor.com/additionalListing/7179/03-Nov-2017/18786_1091186043.jsp

John Vaughn Pridjian J.D.
Currently, he is the Chief Financial Officer of Old Peak Group Limited, an independent investment firm focused on the Asia Pacific region for global institutional investors.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5590009

John Vaughn Pridjian J.D.
Chief Financial Officer, Penta Investment Advisers Ltd.
Age 52
Background
Mr. John Vaughn Pridjian is the Chief Financial Officer at Penta Investment Advisers Limited. He joined Penta in 2004. Mr. Pridjian is the Chief Executive Officer and Executive Director of Hong Kong Building and Loan Agency Limited since July, 2007. Prior to joining Penta, he was a Tax Principal for two years at Deloitte and Touche L.L.P., and was also a Member firm partner approximately for one year at the Arthur Andersen L.L.P. tax practice acquired by Deloitte. Prior thereto from 1993 to 2001, Mr. Pridjian was a Partner and practiced law at Sidley Austin L.L.P. in Los Angeles. His practice focused on advising private equity and multinational corporate clients and hedge funds on cross-border mergers, acquisitions and investment transactions. He is a Member of the State Bar of California and has written several law review articles. Mr. Pridjian is registered as a Certified Public Accountant in the State of Illinois. He received his J.D. and Bachelor of Science degrees from the University of Illinois. Mr. Pridjian received his degree of Master of Business Administration from the University of Chicago.

http://www.bloomberg.com/research/stocks/private/person.asp?personId=45328049&privcapId=35908877&previousCapId=7652833&previousTitle=HONG%20KONG%20BUILDING%20&%20LOAN

thxs DBE for 16.67% profit...cu next time :)

BJCorp already moving, don't you think BJLand will also move soon?

KUALA LUMPUR (Sept 25): Berjaya Land Bhd (BLand) posted its fourth straight quarter of profit in the first financial quarter ended July 31, 2017 (1QFY18), with a net profit of RM11.53 million compared with a net loss of RM27.24 million a year ago.

It recorded earnings per share of 0.23 sen in 1QFY18 compared with a loss per share of 0.55 sen in 1QFY17.

Quarterly revenue also rose 3.2% to RM1.6 billion from RM1.55 billion in 1QFY17.
http://www.theedgemarkets.com/article/berjaya-land-chalks-fourth-straight-quarterly-net-profit

Anybody can explain this interesting observation? Profit/(loss) for the period
51,448 Million (BJLand?) and Profit/(loss) attributable to ordinary equity holders of the parent (BJCorp?)
11,530 Million

BERJAYA LAND BERHAD
Quarterly rpt on consolidated results for the financial period ended 31 Jul 2017
Revenue (RM'000)
1,601,905
Profit/(loss) before tax
99,571
Profit/(loss) for the period
51,448 (BJLand?)
Profit/(loss) attributable to ordinary equity holders of the parent (BJCorp?)
11,530
Basic earnings/(loss) per share (Subunit)
0.23
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5552753

like run and hunt with TSVT..Sell BJAssets and Buy cheap BJCorp and BJLand as already profitable for 4 straight quarters already..

The Sultan and TSVT...More Corporate Actions? Privatisation of Assets? Coming Soon for BJCorp & BJLand too?

Sultan of Johor buys substantial stake in Berjaya Assets an Associate Company of Berjaya Corporation.

The Edge Financial Daily says Sultan Ibrahim Sultan Iskandar yesterday bought a 6.7% stake, or 80 million shares, in the company controlled by Vincent Tan.
http://www.theedgemarkets.com/article/johor-sultan-said-be-berjaya-assets-substantial-shareholder

The Sultan and TSVT...More Corporate Actions? Privatisation of Assets? Coming Soon?

Sultan of Johor buys substantial stake in Berjaya Assets an Associate Company of Berjaya Corporation.

The Edge Financial Daily says Sultan Ibrahim Sultan Iskandar yesterday bought a 6.7% stake, or 80 million shares, in the company controlled by Vincent Tan.
http://www.freemalaysiatoday.com/category/nation/2017/09/28/johor-sultan-buys-substantial-stake-in-berjaya-assets/

Berjaya Assets an Associate Company of Berjaya Corporation sees 6.7% stake traded off market

Berjaya Assets Bhd saw 80 million shares, representing a 6.7% stake in the company, traded off market today.One block of 20.22 million shares, a block of 17 million shares, two blocks of 19 million shares each, and a block of 4.77 million shares crossed off market today. All five transactions were done between 3.30pm and 4.30pm today.

http://www.theedgemarkets.com/article/berjaya-assets-sees-67-stake-traded-market

More corporate moves for Berjaya Corporation and its major subsidiary Berjaya Land coming soon?

What good news could come from BJCorp AGM to be held on 26 October 2017 i.e. proposed privatisation of major subsidiaries like BJLand?, shares Buyback? etc.?
https://klse.i3investor.com/servlets/staticfile/311034.jsp

BLand turns around with RM11.53m earnings: Berjaya Land Bhd

BJLand returned to the black with a net profit of RM11.53mil for the first quarter, from a net loss of RM27.24mil ia year ago, on higher contribution from Sports Toto Malaysia, improved profit from both the property and hotels and resorts businesses. Revenue rose a marginal 3.2% to RM1.6bil, while earnings per share stood at 0.23 sen from a loss per share of 0.55 sen a year earlier. - StarBiz
http://www.thestar.com.my/business/business-news/2017/09/26/breakfast-briefing-september-26/

Poultry stocks like DBE Gurney to gain from lower feedstock prices?

The decrease in corn and soybean prices due to a bumper harvest in the United States, coupled with the slight appreciation of the ringgit against the greenback, will result in cost-saving for the local poultry players. Corn and soybean, are the two major components in chicken feed, making up an estimated 80%, with vitamins and miscellaneous supplements making up the remaining 20% of chicken feed.

Feed cost is a significant chunk in a poultry company’s revenue as corn and soybean are imported, while vitamins and supplements are locally-sourced. Generally, feed cost accounts for more than 50% of a poultry player’s revenue.

Inter-Pacific Research Sdn Bhd analyst David Lai said that the ringgit’s slight appreciation against the US dollar would augur well for poultry companies, as imported feed components are denominated in US dollars.

https://www.msn.com/en-my/news/other/poultry-stocks-to-gain-from-lower-feedstock-prices/ar-AAs6hpF
http://www.dbegurney.com/company_history.html

no need hurricane...as actually only 146,981,900 shares values at RM6.18 million to clear, Having invested RM6.77 million yesterday to buy 193,458,100 shares on average of 3.5 sens, should'nt be a problem for this "super investor",,,next step could be Huuan style..

193,458,100 shares with average price of 3.5 sens transacted yesterday vs 19,014,800 shares at 3.0 sens today..means 193,458,100 shares still outstanding at 3.5 sens..sooner or later. the barrier at 0.4 sens 85,569,800 & 0.45 sens 61,402,100 will be cleared...

let weak sellers sell first. looking at the volume and history tp could be 0.05 - 0.06? as DBE already back in the black. just look at Huuan, if tomorro same volume of buyers probably foreign buyers price will go up...

another Huuan coming?...from 3.5 sens to 25 sens!

Nylex wishes to announce that the Company proposes to seek the approval of its shareholders for the following at the forthcoming 47th Annual General Meeting:

To renew the mandate in respect of recurrent related party transactions with existing transacting related parties and to obtain a new mandate for additional recurrent related party transactions, pursuant to Paragraph 10.09 of the Main Market Listing Requirements ("MMLR") of Bursa Malaysia Securities Berhad ("Bursa Securities") and Practice Note 12 ; and
To renew the mandate for the Company to purchase up to ten per centum (10%) of its issued and paid-up share capital on Bursa Securities in accordance with the provisions of Section 127 of the Companies Act 2016, the Company’s Constitution and the MMLR.
A Circular to Shareholders/Statement in relation to the above will be sent to the shareholders in due course.

This announcement is dated 25 August 2017.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5526441

PREMIUM TANKER MT NYLEX 1 DOCKS AT WESTPORT

Nylex (Malaysia) Bhd’s first purpose built tanker MT Nylex 1, sailed into territorial waters, docking at Westport’s Liquid Bulk Terminal. The tanker will be used to ship chemicals (highly toxic and corrosive). This acquisition will mean that the Nylex Group now owns and operates its own vessel and can reduce its dependence on chartering vessels from third parties. “This launch consolidates the company’s business,” he said. “It puts the company on the right course in its plans for transportation and delivery of its products,” http://epaper.mmail.com.my/2017/01/28/premium-tanker-mt-nylex-1%E2%80%A8docks-at-westport/

North Korea blinks
http://www.thestar.com.my/business/business-news/2017/08/15/asian-shares-dollar-rally-as-north-korea-blinks/

North Korea Blinks
http://www.thestar.com.my/business/business-news/2017/08/15/asian-shares-dollar-rally-as-north-korea-blinks/

wah lau..25 sens soon?

can buy ah?

back to 25 sens next week?

no move edi?

can up ah?