Glad to see that Deep Value Investing is gaining popularity among young investors. We do need to remember that the disciples of Benjamin graham are very influential among fund managers. When they invest in a deeply undervalued company, their reputation alone will become the catalyst to unlock the hidden value. Until we obtain that status, always looks for catalyst and focus the company analysts around potential catalyst. I have full confidence that the day will come when Calvin name will be the catalyst
This is first time in my life after investing for more than 25 years hearing someone said loans to subsidiary are VERY GOOD for BUSINESS & SHOULD BUY THIS COMPANY BECAUSE SO MUCH OF LOANS TO SUBSIDIARY
OMG, CALVIN TAN just simply bull-shit to try to beautify his baby bjcorp.
4) BJ CORP ALSO LEND OUT MONIES Bj Corp is Ah Long? YESSS! BJ Corp lends out monies to Subsidiaries with interest.
The amounts due from subsidiary companies are unsecured and repayable on demand. Amounts totalling RM1,346,739,000 (2016: RM564,766,000) bear interest, while the rest are non-interest bearing.
Please refer to Bj Corp Annual Report 2017 under Point 15 (Article no. 3)
AMOUNT DUE FROM SUBSIDIARIES RM1.346 BILLIONS bear interest.
SO BJ CORP (LIKE PM CORP) LENDS OUT MONIES WITH INTEREST LIKE AH LONG.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....