Posted by cheated > 2017-07-10 03:03 | Report Abuse

Why need right issue earlier this year? RI means short of money.

Posted by John Lu > 2017-07-10 06:58 | Report Abuse

Posted by calvintaneng > Mar 29, 2015 02:01 PM | Report Abuse

Good Afternoon,

This BJ Corp song was given to me by Inspiration within 5 minutes while holidaying in Hilary Beach, North of Perth, Western Australia.

Music adapted from

FIRST OF MAY - By Bee Gees (For music go to youtube "FIRST OF MAY"}

Lyrics by Calvin Tan

SONG OF BERJAYA CORP

1) OH BJ Corp! I bought it for a song;

The Mighty Stock that someday will perform.

Don't ask me why. Don't let it pass you by;

To Make Money you all Must Be Strong.


2) The Companies that Grew for you and me;

I watched them growing richer one by one.

And I will keep BJ Corp All The Way;

This is Asia's Berkshire Hathaway.


And Now for the exposition & commentary


OH BJ CORP I Bought it For a Song (Stanza 1, First line)

The idiom "bought for a song" means to buy something Very cheaply.

To me BJ Corp is already a Blue Chip over RM10.00
Calvin Tan Research can prove it mathematically by facts and figures without a trace of doubt!

So buying at 44 cents for a Share worth over RM10.00 is "Buying it For A Song". This is not paying penny for dollar; but paying penny for ten dollar bill.

This is the most unequal exchange in Bursa.


The Mighty Stock that someday will perform (1st Stanza, 2nd line)

When will BJ Corp, THE MIGHTY STOCK, rise to RM10.00?

Time Is The Essence of Investment. Just like Lafarge, UMW or Tasek.


Don't ask me why. Don't let it pass you by. (1st Stanza, 3rd line)

How did Lafarge rose from 66 cents to over RM10.00? We know now as fact

How will BJ Corp rise from 44 cents to over RM10.00?
Don't ask me why. Just don't let it pass you by. Grab some tomorrow!!


To Make Money you all Must Be Strong (1st Stanza, 4th line)

There will be doubters, naysayers & others who cannot see & will talk nonsense and discourage you. So you MUST BE STRONG IN CONVICTION & HOLD TIGHT TO YOUR PRECIOUS BJ CORP SHARES!!

Someday When BJ Corp reaches RM10.00 You Will All Be Millionaires!!


To be continued.....

Next.

Commentary on Stanza 2 of BJ Corp Song...

Posted by John Lu > 2017-07-10 07:04 | Report Abuse

2 years ago tan eng sing Bjcorp song with tp rm10...apa macam now? From 44c drop to 33cent adalah.

Today L&G 21c...2 years later 15c? Haha haha...see too pig tan eng sochai

Posted by calvintaneng > 2017-07-10 08:24 |

Post removed.Why?

Posted by John Lu > 2017-07-10 08:26 | Report Abuse

Posted by calvintaneng > Mar 29, 2015 02:01 PM | Report Abuse

Good Afternoon,

This BJ Corp song was given to me by Inspiration within 5 minutes while holidaying in Hilary Beach, North of Perth, Western Australia.

Music adapted from

FIRST OF MAY - By Bee Gees (For music go to youtube "FIRST OF MAY"}

Lyrics by Calvin Tan

SONG OF BERJAYA CORP

1) OH BJ Corp! I bought it for a song;

The Mighty Stock that someday will perform.

Don't ask me why. Don't let it pass you by;

To Make Money you all Must Be Strong.


2) The Companies that Grew for you and me;

I watched them growing richer one by one.

And I will keep BJ Corp All The Way;

This is Asia's Berkshire Hathaway.


And Now for the exposition & commentary


OH BJ CORP I Bought it For a Song (Stanza 1, First line)

The idiom "bought for a song" means to buy something Very cheaply.

To me BJ Corp is already a Blue Chip over RM10.00
Calvin Tan Research can prove it mathematically by facts and figures without a trace of doubt!

So buying at 44 cents for a Share worth over RM10.00 is "Buying it For A Song". This is not paying penny for dollar; but paying penny for ten dollar bill.

This is the most unequal exchange in Bursa.


The Mighty Stock that someday will perform (1st Stanza, 2nd line)

When will BJ Corp, THE MIGHTY STOCK, rise to RM10.00?

Time Is The Essence of Investment. Just like Lafarge, UMW or Tasek.


Don't ask me why. Don't let it pass you by. (1st Stanza, 3rd line)

How did Lafarge rose from 66 cents to over RM10.00? We know now as fact

How will BJ Corp rise from 44 cents to over RM10.00?
Don't ask me why. Just don't let it pass you by. Grab some tomorrow!!


To Make Money you all Must Be Strong (1st Stanza, 4th line)

There will be doubters, naysayers & others who cannot see & will talk nonsense and discourage you. So you MUST BE STRONG IN CONVICTION & HOLD TIGHT TO YOUR PRECIOUS BJ CORP SHARES!!

Someday When BJ Corp reaches RM10.00 You Will All Be Millionaires!!


To be continued.....

Next.

Commentary on Stanza 2 of BJ Corp Song...

Posted by John Lu > 2017-07-10 08:27 | Report Abuse

Hahahaha...laugh die me everytime calvin sochai sing this song

Posted by calvintaneng > 2017-07-10 08:30 | Report Abuse

This John Lu has no clue about investment at all. And so stubborn also.

So he is going round looking for small scraps to survive.

Now you all must not miss the once in a blue moon opportunity to

grab hold of these bombed out L&G shares.

L&G Was over 65 sen in year 2014. Now dropped by 2/3 to only 21.5 sen

Being a Cyclical Stock like INSAS - L&G can also go back to 65 sen again.

Posted by calvintaneng > 2017-07-10 08:34 | Report Abuse

You all must also know that

at 21.5 sen with NTA of 58 sen L&G is selling at a whopping discount of 63% - A BIG MARGIN OF SAFETY - as advocated by Sifu Ben Graham.

And its Assets have not been revalued, esp the prime lands in KERLING

If all L&G lands are revalued you will SEE even BIGGER DISCOUNT

from Price to Book Value

Posted by cherry88 > 2017-07-10 10:27 | Report Abuse

Dato Calvin, its NTA is not 58sen. Please adjust its recent 8:5 RI. It could reduce to 25 ~ 30sen range. Please help to do the maths for us. I also lazy to calculate, agak agak saja

Posted by calvintaneng > 2017-07-10 10:46 | Report Abuse

Cherry88

It's ok if you consider the fact that they have not revalued the Assets in KERLING (45 sen psf) and

Serendah lands at slightly above 80 sen psf.

The True NTA after complete adjustment and revaluation will still reflect a very substantial duscount from price to book value.

I am happy to buy more

Posted by calvintaneng > 2017-07-10 10:55 | Report Abuse

One more thing,

The Cash raised from Rights Issued was used to acquired 5 major assets in Daimond City, Serendah, Sri Kembangan, Ukay Heights and Sri Hartamas

So the Assets will also readjust into its new NTA later.

The substantial discount to book value remains above 60% or more.

And these Assets were purchased at attractive prices due to their distressed nature.

Country Garden facing China Capital control.
For Mayland their Parc Regency Condo was impacted due the sub con hiring illegal foreigners.

So Parc Regency Condo project in Masai, Johor was delayed leading to cost overruns.

All these have been solved.

And everything is fine now.

So Calvin Tan Reseach calls for a buy on L&G

Posted by mbge7clt > 2017-07-10 14:50 | Report Abuse

appreciate if you can discuss about the share overhang due to Rights issue, now the volume is so huge. it will need so much effort to move the share price. tq

Posted by calvintaneng > 2017-07-10 17:48 | Report Abuse

mbge7clt

For every 5 shares of L&G before Rights Issue just add 8 more shares.

So the shares are enlarge from 5 shares to 13 shares for each 5 shares.

I think from there you will be able to work out the figures.