Sadly BCB is still cold as a cucumber , when is it going to be heated up : )

Timber is not exactly the theme at the moment .

Anything good coming out from this placement interest ? The new director seems to be a timber man , although mentioned that he is into quarrying and property development .

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5374397

New director took the 30 million placement shares ? See the interest in securities in this announcement .

http://www.thestar.com.my/business/business-news/2017/03/20/boon-for-contractors/

Boon for contractors, foreign funds buy construction, property stocks

Read more at http://www.thestar.com.my/business/business-news/2017/03/20/boon-for-contractors/#Pu67RtpVhGlkSw3u.99

Any chance no selling pressure because some buyers are on more than T+4 terms which I think some broking coy allow this arrangement ?

http://www.thestar.com.my/business/business-news/2017/03/14/cyclical-sectors-to-outperform-market/

Financial services, property and consumer sectors set to outperform FBM KLCI
Read more at http://www.thestar.com.my/#sgl8wVG6IIcEe82z.99

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5349013

Where is the future profit coming from ?

That is from the viewpoint of the boss. What about the placee ?

Where is the offer ? Are you sure ?

Somebody kindly explain why placement is at premium to market price ?

That is exceptional, please tell more. Justify .

Good write up over the week end , still a lot of room to go ?

Minetec market cap 83 million ; Nestle 18 billion

What a strange comparison ,' investors who buy Nestle might not even know of Minetec.

http://www.thestar.com.my/business/business-news/2017/03/11/mrt-corp-awards-contracts-worth-rm273bil/

http://www.thestar.com.my/business/business-news/2017/03/11/flushed-with-construction-jobs/

What are the likely spillovers for the small boys ?

12 sen 52 week high !

If you are the placee, you should buy from the market ; unless you are not able to collect the total of 60 million shares or 30 million shares now from the market.

But do you agree that it is logical to buy from the market ?

MY703 1st, & 2nd tranche private placement at 15 sen per share taken up by new quarry owner.
09/03/2017 22:40

If that is the case, wouldn't the new owner buy from market cheaper ?

Buy property assets in Perak ? Still have RM 15 million cash

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5352489

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5361929

Kumpulan Wang Persaraan is active trader, buy and sell....???

Valueinvestor :

Any chance of a bonus issue or free warrant ?

Significant profit may be recognized for its Q4 just ended 30/6/16 as its Hometree phase1 has just been completed. Bonus issue/warrants on the card ??

https://www.facebook.com/www.hometree.com.my/videos/1229801270387293/?video_source=pages_finch_main_video
16/07/2016 15:28

2nd tranche of private placement of 30 million shares at 15 sen.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5361725

Revenue dropped but gross margin went up due to KL projects. Cumulative 6 months EPS at 3.24 sen vs 4.2 sen last year. I supposed low land cost as highlighted in the Focus article is one of the positive factors.

Already smashed through 8.5 Sen, now concrete wall at 10.5 Sen?

https://www.facebook.com/BCBBerhad/photos/a.439151692771529.99321.433384110014954/1109245865762105/?type=3

Focus Malaysia had a full page coverage on BCB a while back. Analyst said the 2 main pieces of land in Batu Pahat and Kota Kemuning will add RM 2.65 per share to its book value.

The latest book value as at 30 September 2016 is RM 1.08 per share. That means, if revalued the full net value per share will be RM 3.73.

Please read the full article.

Big T4 volume today, no selling pressure ?

Per Annual Report

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

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

http://www.theedgeproperty.com.my/my/content/849662/property-counters-may-be-safer-bet

Batu Pahat earmarked to have one HSR station.

Per iproperty.com :

BCB is upbeat that its projects in the Klang Valley as well as existing ones in Johor will contribute positively to its earnings. Tan explained that secondary towns such are seeing good growth, citing Batu Pahat as an example.

“Batu Pahat is an industrial-based town and a vibrant secondary town. It is not much affected by this crisis but has benefited from it. Industrial-based areas are export-orientated. Those exports benefit a lot from the exchange rate (weaker ringgit),” he said.

Batu Pahat contributes about RM100 million to sales of the group.

Focus Malaysia 6-12 August issue under Market Talk.... " Tan Sri Tan is believed to be mulling injecting his privately-owned land..... "

Could this be the reason why the stock price is depressed ? Lower market price translates into exchange of more shares for seller of assets....

Also mentioned that Dr Yu from YNH Bhd is top 30 shareholders.

https://www.facebook.com/BCBBerhad/photos/a.439151692771529.99321.433384110014954/1109245865762105/?type=3

Focus Malaysia have a full page coverage on BCB today. Analyst said the 2 main pieces of land in Batu Pahat and Kota Kemuning will add RM 2.65 per share to its existing book value of RM 1.04 per share. That means, if revalued the full net value per share is RM 3.69.

Please read the full article.

If you are buying based on potential turnaround with the approval of the deals after such a long wait and can hold maybe its good.

Activity due to last week's approval of deals ??

: ) KC.. you are unhappy with property stocks...YNH, Ivory, BCB....any others to share ?

2nd quarter results - quite impressive

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5014501

https://www.facebook.com/media/set/?set=a.1054574171229275.1073741902.433384110014954&type=3

BCB just had a soft launch of their 3 and 5 storey shop lots in Medini. GDV 300 million ??

BCB share split approved today.

Outcome of Meeting
The Board of Directors of BCB Berhad ("the Company") wishes to announce that all the resolutions tabled at the Extraordinary General Meeting of the Company held on 17 December 2015 were duly passed by the shareholders of the Company.

The announcement is dated 17 December 2015.

Tafi , furniture stock yet to move. Too quiet far too long

http://www.theedgeproperty.com.my/my/content/government-mulls-reintroducing-dibs-first-time-home-buyers

Public transport plans put KL among top 5 global cities to watch - See more at: http://www.themalaysianinsider.com/citynews/greater-kl/article/public-transport-plans-put-kl-among-top-5-global-cities-to-watch#sthash.mr1RrvG2.dpuf

May I know why you adopt the famous Spanish "Warren Buffett" name ?

Great effort! But sad to say way below investors' radar because management is not pro active to IR.

Public Issue 126 million. Offer for sale 56 million plus private placement 130 million. Total 312 million out of total shares issued of 520 million. Owners retained only 40% ??

BCB : Fastest growing companies ( market capitalization below RM 500 mil )

According to Focus Malaysia, ranked 4th and 5th in terms of revenue and net profit respectively.

Look at their facebook, so much activity lately. Now asking for registration for Home Tree shoplots at Kota Kemuning etc. What is the logic of low GO price ?

Maybe should check with MWSG on this matter.

Market expecting higher revised offer. But I think the sneaky ones will throw down to below 1.

The so called independent directors have said no other alternative bidders will be sought to make take over offer. I am extremely curious how and why they have arrived at this quick decision !!!!

You see why this is a rubbish offer. Not even a single English daily picked up the story.Adoi Adoi :))))))))))))