Govt serious to reopen back Malaysian economy faster as more vaccines are approved like one dose vaccines Cansino & JJ Johnson & now Pfizer shots are approved for 12 years & above instead of previously only for 18 years & above.
Refer link above.

Good news for BJCorp/BJLand gaming sector.
"Gaming companies such as casino operators as well as number forecast operators (NFOs) are seen as direct proxies to the upcoming reopening of the economy, taking cues from the recoveries seen in the United States and the United Kingdom after mass dispensation of Covid-19 vaccines there.

The acceleration of the vaccination programme in Malaysia gives hope that the country could potentially achieve similar economic recovery.
https://www.thestar.com.my/business/business-news/2021/06/15/earnings-recovery-likely-for-gaming-next-year
https://www.klsescreener.com/v2/news/view/841517

Sounds good to monetize some bigs assets & list telco biz Umobile through a backdoor listing after full takeover of BJLand?

VT can do it together with 7Eleven for Caring why not BLand as low hanging fruits with only 13% minority left to control all foreign & local assets & cash beneficial for Berjaya restructuring? A restructured & professional run Berjaya will be more attractive to foreign investors. The shell company after takeover can be used for backdoor listing of VT company like UMobile etc?

HuatAh8809 Heard some stafv this morning attended to Jalil meeting..

He said berjaya corporation is going to dispose a few big assets and then declare dividend..

Then will list telco business which can a few billions for the group..

This is going to be crazy

Already reached 2nd major resistance 0.335. Remember the key to unlock value is BJLand as all cashcows & money making assets are parked there. Grab some while still cheap.

paperplane agree with stockraider bro. He want to unlock value with new CEO in chair now.

Looks like VT greenlighted the early release of restructuring plans to speed things up? Also no signs of major roadblocks today?

py1818 Tks for your daily bulletin.
First Major Resistance 0.31 already broken. Can it break & stay above next major resistance 0.335 today?

@py1818*
@earlyretirement
@sailang_now
@bulldog
BjCorp
Highest price 0.50
Resistant 0.39
Resistant 0.35
Major Resistant 0.335
Major Resistant 0.31
Price 0.295
Support 0.29
Major Support 0.27
Support 0.23

What VT has done is only trimmed his indirect holdings to friendly parties. 9 million shares is peanuts to VT as only valued at RM2.7 million @30 sens per share. He has not sold any of his direct shares of 1283 million while indirect shares 1211 million.

"Including today's transaction, he has cumulatively disposed of nine million indirect shares or 0.09% stake over the past two weeks."

At the moment VT hold Bjc as follows:
Directly...... 1283m
Indirect...... 1211m
Iculs 2022.....258m
Iculs 2026.....103m

Bland directly..96m

Number of Bjcorp share net of treasury 5020m

Thus current VT effective shareholding in Bjcorp is 1283m + 1211m = 2494m
VT shareholding As a % of overall Bjcorp shareholding 49.6% pa.

VT holding As a % of overall Bjcorp after iculs2022 matures 54.8%.

py1818 Tks for your daily bulletin. Very useful tool for orderly exit & reentry.

Congratulations to those who as taken profit earlier & now waiting to reenter at 18 sens. Here is the latest on VT sales.

BCorp boss Vincent Tan trims indirect stake in group
TheEdge Thu, Jun 10, 2021 10:51pm - 1 day ago

KUALA LUMPUR (June 10): Berjaya Corp Bhd (BCorp) non-executive chairman Tan Sri Vincent Tan saw his indirect interest in the group trimmed following the sale of one million shares on the open market on June 8.

In a stock exchange filing, BCorp said Tan’s deemed indirect interest held through his child dropped to 1.21 billion shares or a 23.86% stake, from 23.89% previously.

The prices at which the shares crossed were sold was not revealed. BCorp shares closed at 30 sen on June 8, at which price the block of shares was valued at RM300,000.

Meanwhile, Tan also has direct control over 1.28 billion shares in Bcorp, representing a 25.28% stake.

Including today's transaction, he has cumulatively disposed of nine million indirect shares or 0.09% stake over the past two weeks.

The group's bourse filings showed that he had disposed of 1.5 million shares on May 28, 3.5 million shares on May 31, two million shares on June 1, and one million shares on June 2.

BCorp shares closed unchanged at 31 sen today, for a market capitalisation of RM1.65 billion.

Congratulations to those who as taken profit earlier & now waiting to reenter at 18 sens. Here is the latest on VT sales.

BCorp boss Vincent Tan trims indirect stake in group
TheEdge Thu, Jun 10, 2021 10:51pm - 1 day ago

KUALA LUMPUR (June 10): Berjaya Corp Bhd (BCorp) non-executive chairman Tan Sri Vincent Tan saw his indirect interest in the group trimmed following the sale of one million shares on the open market on June 8.

In a stock exchange filing, BCorp said Tan’s deemed indirect interest held through his child dropped to 1.21 billion shares or a 23.86% stake, from 23.89% previously.

The prices at which the shares crossed were sold was not revealed. BCorp shares closed at 30 sen on June 8, at which price the block of shares was valued at RM300,000.

Meanwhile, Tan also has direct control over 1.28 billion shares in Bcorp, representing a 25.28% stake.

Including today's transaction, he has cumulatively disposed of nine million indirect shares or 0.09% stake over the past two weeks.

The group's bourse filings showed that he had disposed of 1.5 million shares on May 28, 3.5 million shares on May 31, two million shares on June 1, and one million shares on June 2.

BCorp shares closed unchanged at 31 sen today, for a market capitalisation of RM1.65 billion.

Much ado over nothing?
VT has direct control over 1.28 billion shares in Bcorp, representing a 25.28% stake which VT has never sold and still has 1.21 billion indirect shares or a 23.86% stake.

"KUALA LUMPUR (June 10): Berjaya Corp Bhd (BCorp) non-executive chairman Tan Sri Vincent Tan saw his indirect interest in the group trimmed following the sale of one million shares on the open market on June 8.
In a stock exchange filing, BCorp said Tan’s deemed indirect interest held through his child dropped to 1.21 billion shares or a 23.86% stake, from 23.89%."
https://www.klsescreener.com/v2/news/view/839849

1 million shares is peanuts to VT when he has 1.36 billion direct shares in BCorp.
https://simplywall.st/stocks/my/capital-goods/klse-bjcorp/berjaya-corporation-berhad-shares#ownership

Tks py1818 for you daily bulletin.
Already broken major resistance 0.31 let's see if trend reversal is confirmed by today?

py1818 *
@sailang_now Tks py1818 for your daily bulletin.
Touched 0.32 today. Can it close at 0.32 for the next tp?

A trend reversal is confirmed when price goes above and stays above a major resistant. In this case either 0.31 or 0.335.
And a major support is found at 0.27. Where price bounced back from lowest recently. Can see in 1 month chart

@earlyretirement
@sailang_now
@bulldog
BjCorp
Highest price 0.50
Resistant 0.39
Resistant 0.35
Major Resistant 0.335
Major Resistant 0.31
Price 0.31
Support 0.29
Major Support 0.27
Support 0.23

py1818 Tks for your daily bulletin.

Let's see what's up tomorrow?

Tks py1818 for your daily bulletin.
Touched 0.32 today. Can it close at 0.32 for the next tp?

py1818 @earlyretirement
@sailang_now
@bulldog
BjCorp
Highest price 0.50
Resistant 0.39
Resistant 0.35
Resistant 0.335
Resistant 0.31

Closing price 0.305

Support 0.29
Support 0.27
Support 0.23

Tks py1818 for your daily bulletin.

0.26 resistance already broken can we break 0.28 to confirm trend reversal?

py1818 @sailang_now
@earlyretirement
@Investor123456
BjLand
Highest price 0.52
Major Resistant 0.33
Resistant 0.31
Resistant 0.29
Resistant 0.28
Resistant 0.26

Price 0.26

Support 0.24

If VT can do it together with 7Eleven for Caring why not BLand as low hanging fruits with only 13% minority left to control all foreign & local assets & cash beneficial for Berjaya restructuring? A restructured & professional run Berjaya will be more attractive to foreign investors. The shell company after takeover can be used for backdoor listing of VT company like UMobile etc?

py1818 Tks for your daily bulletin.

That could explain why?.. on the recent spade of indirect interest sales by VT & Son? For all we know their associates are collecting cheap from open market & why known VT macais are actively scaring minority not to buy before the announcement?

birkincollector just this year alone.....boustead, FGV, MMC ...these political linked companies has announced privatisation/restructuring....then BJcorp, who we all know linked to someone also gonna announce restructuring......seems like politicians getting ready for GE funds using creative methods.........so i think worth the bet to buy some for what ever VT gonna announce...who knows u get something like MMC :P

py1818 Tks for your daily bulletin really helps for an orderly exit & reentry for many with no TA.

py1818 Tks for your daily bulletin.

py1818 Tks for your daily bulletin.
A combination of TA, FA & biz intelligence helps a lot in decision making. Let's see what's next tomorrow?

Profit taking is well absorbed. Will Jalil make it a closing of at least 30 sens as a sign of trend reversal?

Looking good, hardcore minority still holding 13.2% of BJLand vs BJCorp shareholding of 77.9%. Let's see what will happen after Berjaya Group restructuring exercise in late June.
Btw VT has increased his shareholding by 4.82% as of 19 April 2021 to 106.71million shares in BJLand.
Btw I have been monitoring the minority holdings of BJLand since last year. Previously it was only 10.5% but has increased to 13.3% in March. After the last selldown it only dropped 0.01% to 13.2%. There's not really much free floating shares left after Dimensional fund liquidated another 3% of BJLand held under PCM Ld last year.

Tks py1818 for your daily bulletin update. Will see if it is technical rebound or trend reversal soon?

Yes, the profit from automotive mainly from HR Owen in UK, after successful control of Covid 19 in UK after successful roll out of vaccinations over there.
https://www.am-online.com/news/dealer-news/2021/01/29/hr-owen-looks-to-expand-after-2020-coronavirus-setbacks

In Malaysia, 3 million people has been vaccinated so far. With more vaccine supply coming in June & July, more people will be vaccinated and the economy will be reopened in time for Berjaya recovery program after July?
https://www.nst.com.my/news/nation/2021/05/692061/malaysia-receives-another-batch-astrazeneca-coronavac-vaccines

Bursa is up 8.6 points, Dow Jones also up 46 points today..why not? Reminds me last time of limit up request by Dr. Jor El.

wallstreetrookie can we make bjcorp limit up?

First step restructuring of the BOD, next step restructuring of BJ Group with privatisation or takeover of assets & liabilities of BJLand (Ancom model) to start the ball rolling for BJCorp reorganization.

You are right! Follow the Institutional funds (clever foreigners) which are still holding 6.5%. Last check below indicated these clever foreigners has not sold any shares this year even when price reached 50 sens in March/April this year.
Personally I think there are many chameleons from Interpacific masquerading as minority trying to influence ikan bilis to sell before the announcement of restructuring plans by Jalil & next moves by NCW Malaysia & Lena Tan.
Btw minority still holds 34.1% in BCorp.

Guys when did BJCorp owns 48.34% of BJToto? As of 21 May, its current holding in BJToto is worth RM1.3 billion! If monetized by selling the controlling stake to NCW Malaysia should be worth more?
https://simplywall.st/stocks/my/consumer-services/klse-bjtoto/berjaya-sports-toto-berhad-shares#ownership

Looking good, hardcore minority still holding 13.2% of BJLand vs BJCorp shareholding of 77.9%. Let's see what will happen after Berjaya Group restructuring exercise in late June.
Btw VT has increased his shareholding by 4.82% as of 19 April 2021 to 106.71million shares in BJLand.

Pls. note that VT is now the MD & CEO of BJToto after taking over from Nerine Tan.
Just wondering after retiring as Executive Chairman of BJCorp why VT took over as Managing Director & CEO of BJToto considering that BJLand holds 40% controlling shares in BJToto?
https://ibb.co/Z6x1tjQ
https://simplywall.st/stocks/my/consumer-services/klse-bjland/berjaya-land-berhad-shares#ownership

Look carefully at link below:
https://ibb.co/Hx6JWGs
VT is a master illusionist, he gives people the impression that he is selling but as of 24 May, his direct holdings has actually increased by 4.6% to 27.33% in BJCorp.

Apart from privatization of BJLand, BJCorp can also adopt Ancom's restructuring model by taking over BJLand Assets & Liabilties based on nta of 80 sens. Since BJCorp already has 78% direct shares, only need to pay off the 13% minority & 9% indirect shares owned by VT & Co. via a combination of cash & new shares in BJCorp.

The listing of the shell company (BJLand shell co) after the takeover can be used for backdoor listing of VT other biz like Umobile?

https://simplywall.st/stocks/my/capital-goods/klse-bjcorp/berjaya-corporation-berhad-shares#ownership

Look carefully at link below:
https://ibb.co/Hx6JWGs
VT is a master illusionist, he gives people the impression that he is selling but as of 24 May, his direct holdings has actually increased by 4.6% to 27.33% in BJCorp.
https://simplywall.st/stocks/my/capital-goods/klse-bjcorp/berjaya-corporation-berhad-shares#ownership

You are right! Follow the Institutional funds (clever foreigners) which are still holding 6.5%. Last check below indicated these clever foreigners has not sold any shares this year even when price reached 50 sens in March/April this year.
Personally I think there are many chameleons from Interpacific masquerading as minority trying to influence ikan bilis to sell before the announcement of restructuring plans by Jalil & next moves by NCW Malaysia & Lena Tan.
Btw minority still holds 34.1% in BCorp. See link below.

https://simplywall.st/stocks/my/capital-goods/klse-bjcorp/berjaya-corporation-berhad-shares#ownership

Since VT is also the Advisor to NCW Malaysia, he must be privy to their Mergers & Acquisplan for BJCorp. That's why he converts LD which carries only an annual I interest of 5% to mother share which has bigger potential return of 5% from LD after the restructuring exercise next month. Further BJCorp may issue more LD to BJLand shareholders including VT & Co. in return for full acquisition of their shares?

Why he want to convert the LD to mother share?

Guys any update on New Capital World (NWCA Malaysia)? Apparently BCorp invested a cool billion in March this year for 40% share in this Investment Banking Group from UK headed by Lena Tan with office in Berjaya Times Square.

"NWCA Malaysia will be focusing on providing advisory services including mergers and acquisitions, strategy and operations advice to diversified businesses, corporations, and institutional investors in Malaysia as well as neighboring countries where they have a presence.

The NWCA Malaysia team will be led by Lena Tan as the chairman and managing director.

Tan is s currently a director at 7-Eleven Malaysia Holdings, Razer Fintech Holdings, Berjaya Fintech, Berjaya Retail and Berjaya Credit, and previously served as chairman at 7-Eleven Malaysia and Singer Malaysia."
https://www.thesundaily.my/business/berjaya-corp-new-world-group-to-launch-advisory-services-XC7316734
https://nwgp.com/#nwv

How can it be old story when only in press release today and the restructure will only happen in late June? Anyway congratulations for exiting your positions in Berjaya earlier.

Latest Press Release by Lydia today:
In addition, the Group is in the midst of embarking on a restructuring and rationalization process to transform the Group into a diversified consumer group comprising focused business sectors. This process will also entail clearly identifying core and non-core assets. The Directors envisage the transformation
exercise when completed will have a positive impact on the Group’s future prospects.

OTHERS | https://www.klsescreener.com/v2/announcements/view/3366549

Entry price was 15 sens, already got back the principal. Only left the profit invested in Berjaya to see VT's hand by late June?

Posted by simon2020 > May 27, 2021 11:56 AM | Report Abuse

There are 5 categories of investors here...which are you?
1. Average acquisition price of 28 to 70 sens including VT.
2. Average acquisition price of 28 to 33 sens including Jalil.
3. Average acquisition price of 18 to 25 sens but exited at 40 to 50 sens, now waiting to reenter?
4. Average acquisition price of 18 sens to 25 sens but still waiting for VT/Jalil to showhand end June.
5. Those who has no position but waiting for a chance to enter at minimum price?

Entry price was 15 sens, already got back the principal. Only left the profit invested in Berjaya to see VT's hand by late June?

Posted by simon2020 > May 27, 2021 11:56 AM | Report Abuse

There are 5 categories of investors here...which are you?
1. Average acquisition price of 28 to 70 sens including VT.
2. Average acquisition price of 28 to 33 sens including Jalil.
3. Average acquisition price of 18 to 25 sens but exited at 40 to 50 sens, now waiting to reenter?
4. Average acquisition price of 18 sens to 25 sens but still waiting for VT/Jalil to showhand end June.
5. Those who has no position but waiting for a chance to enter at minimum price?

@py1818 Tks for your daily bulletin. Looks like some buyback?

Correct, Jalil & VT need to learn to kill two birds with one stone from Siew Ka Wei restructuring model to save their hide now after using so much money to pump up BJ group share price to 50 sens earlier?

Jalil needs to demonstrate his power by initiating share buyback asap as already below 0.28 his entry price? Unless it's purposely depressed to collect back your shares before restructure announcement similar to Ancom?

Jalil needs to demonstrate his power by initiating share buyback asap as approaching 0.28 his entry price already?

@py1818 Tks for your daily bulletin

Its been a great guide for an orderly exit rather than a tumble

Glad you identified the root cause of BCorp's problems. Let me add to the list of issues for Jalil to settle...

1. A plan remains a plan until approved and executed end of June, another 1.5 months time.
2. After execution will take one year to see results in June 2022
3. The coming Qtr results will probably be another big loss with rising Covid cases & implementation of MCO. Wondering how BCorp is coping with the working capital & cash flow with big operating costs but less income?
4. VT is still holding more than 350 million BCorp ICULS to covert to mother share to clear in open market. That's why the price is depressed as VT & Robin has been converting them to BCorp shares for sale diluting shareholders value.
5. VT may revive his plan to inject Singer into BCorp for more BCorp shares & ICULS in coming restructure diluting shareholders value even further and so on?

It is bcos of VT is the stumbling block loh....1st he do not want to sell quickly bcos....he wants to get high price, far higher than fair price loh..that means more difficult to sell loh!

2. Even sold...VT wants to use this monies...buy another assets & this are repeated non stop, thus the loan are not really payoff...n the new investment again need time to perform loh.( The good thing is VT has promise no more buying of new investment & he plan to sweat more his existing assets loh}

3. Under performance of existing assets (sweating its assets strategies}...just take berjaya owning existing properties & empty land worth more than Rm 2b for more than 10 years, even if these assets had appreciated to Rm 4b....but this appreciation are hidden & not reflected in bjc accounts.
Thus bjc need to decide...whether they can quicky develop these assets or if not dispose & free up this under performance loh!
Normal wasting time like VT did previously need to be stopped immediately...bcos time is money mah!

4. The existing good performance of its current business are not optimise & maximise loh...bcos they have been wasting too much time & effort fire fighting on non performing business loh....thus by disposing of non performing assets....& free up resources....the group can refocus on the area that they are good in & have good prospect loh..!

5. The role of superstar Jalil is to look into all these issues ...with no emotional & attachment & come up with a strategic plan & after approval will execute it quickly loh!

@py1818 Tks for your daily bulletin

py1818 @earlyretirement
@sailang_now
BjCorp
Highest price 0.50
Resistant 0.39
Resistant 0.35
Resistant 0.335
Support 0.31
Support 0.29
Support 0.27
Support 0.23

Closing price 0.33

Verdict - You know already

It's good that Jalil is still buying but it would be better if BCorp restarts share buyback. VT & gang should also stop selling at least until the restructuring plan is out by end of June to support current BCorp market price?

lovetzy Jalil Rasheed still buying despite the MCO 3.0. Faham-fahamkan lah.

Yes too much manipulation by VT & gang. Hope Jalil has the will & power to take the bull by the horns to address the issue of potential conversion of 353 million ICULS into BCorp shares & sale of BCorp shares by VT, Robin & associates such as Sompo in open market which will affect market sentiments & dilute shareholders value especially during a depressed market.

Recall by Kahoeng in 2016:
"BJCorp proposed to buy BJLand @ 0.70 per share, totaling RM 419.11 millions and 598.73 million shares. Using (1) CASH RM 65.86 millions (2) RM 353.25 millions of 10 years 2% interests ICULS (these ICULS will eventually turn into 353.25 million BJCorp shares) should they not bought back by BJCorp. (3) 706.5 million FREE warrants that can be converted into BJCorp shares with RM 1 per share."

@py1818 Tks for your daily bulletin