55 Acres of Seabed lands to be reclaimed from Lands just 1 km across the Straits to AVA Fishery of Singapore. These lands are nearer to Spore )1 km only) than Johor Causeway (2 km)
If land is reclaimed with a fair value of Rm1,000 psf (Only S$310 psf)
How much will be it's worth
So 55 acres = how many sq ft?
So 55 x 43,560 = 2,395,800 sq ft
At Rm1,000 psf total value
= 2,393,800,000
THAT'S RM2.38 BILLIONS OF VALUE CREATION FOR BJ ASSETS!!
How much will Bj Corp make when Bj Assets Seabed lands are reclaimed
Rm26 to Rm1,000 means Outsize gain of 3,800%
To see how much gain by comparison
If you put Rm100 in Public Bank or Maybank at 3.5% interest (Really sorchai as Public Bank & Maybank Bosses invest in better yielding Assets like Property or Shares!)
Ok Rm100 will give you a Rm3.50
Yes! You get Rm3.50 extra monies after One Full Year.
Now Bj Assets deployed your Rm100 in Seabed reclamation
calvin's pattern is sing and sing and sing for a long, long, long time, then maybe, just maybe the stock will rise one fine day.
his only criteria for buying a stock is buy those with alot of assets, then hope, just hope that one fine day that the assets can be monetarise and the stock price will move up.
Calvin is no doubt No.1 bull-shit king, 2nd is bone, congratulcation to both. Used to have Icon, now he retired & enjoy life flying with Airasia everyday.
Posted by joetay > Oct 9, 2017 08:31 PM | Report Abuse @Mioxi,
maybe u have noticed it as well.
i have noticed the following pattern of calvin.
calvin's pattern is sing and sing and sing for a long, long, long time, then maybe, just maybe the stock will rise one fine day.
his only criteria for buying a stock is buy those with alot of assets, then hope, just hope that one fine day that the assets can be monetarise and the stock price will move up.
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....
calvintaneng
56,445 posts
Posted by calvintaneng > 2017-10-08 19:29 | Report Abuse
Hi guys
For Lands of Bj Assets at The ZON, Johor
These seabed lands at Rm26psf after reclamation will be worth over Rm1,000 psf
From Rm26 psf to Rm1,000 psf means a jump of 3,800%
Focal Aims was only 11 sen in year 2,009
After Ecoworld took over Focal Aims at Rm1.40 - Price shot up to Rm4.00 - Up a whopping 3,800% from 11 sen
Same goes for Tebrau at 10 sen in year 2,006
After name changed to Iskandar Waterfront City price powered to over Rm3.00 - Up 3,000%
Iskandar Water Front City?
TELL YOU WHAT?
BJ ASSETS ARE MORE THAN THAN
IT WILL BE
"SINGAPORE FRONT CITY"!!!