Posted by andyhard > 2013-12-28 21:54 | Report Abuse

Can someone briefly summarize what is going on this PJDEV? Is big shareholder is increasing its stake?

MGO= Mandatory General Offer

If any single party holds more than50% of the company shares, he is obliged to offer MGO. But, at the same time, he also can request for exemption from Bursa.

Posted by sephiroth > 2013-12-29 11:05 | Report Abuse

if mgo , the offer price probably around 1.60, i will keep holding pjd shares at 1.12 for yield, probably sell wc at 0.60 for 100% profit

Posted by carson > 2013-12-29 13:57 | Report Abuse

yes yes wc at 6octs, i predicted merger for pjd and osk prop. any comments

Posted by simon > 2013-12-30 09:04 | Report Abuse

now PJD only RM1.24,do you thing MGO offer RM 1.60 ???

Posted by carson > 2013-12-30 10:02 | Report Abuse

my say,,,, its an uptrending stock, visible at wa performance

Posted by carson > 2013-12-30 10:17 | Report Abuse

mostly done at 35.5, buy rate at 66

Posted by topseeker > 2013-12-30 17:43 | Report Abuse

tp for pjdev wa should be 0.55.. i have been holding from 0.305. until now. i can smell something big is going to happen.

Posted by Icon8888 > 2013-12-30 18:51 | Report Abuse

a lot of buying recently. definitely something about to happen

my cost 31 sen. holding since 2011

Posted by Icon8888 > 2013-12-30 18:51 | Report Abuse

target price 60 sen.

CNY Ang Pau

Posted by Icon8888 > 2013-12-31 18:53 | Report Abuse

On behalf of the Board of Directors of the Company, we are pleased to announce that PJD Land Sdn Bhd (Company No. 113149-D), a wholly-owned subsidiary of the Company has on 31 December 2013, entered into a Sale and Purchase Agreement with Able Starship Sdn Bhd (Company No. 1069396-X) for the disposal of a Twenty Eight (28) storey commercial/office tower known as "Menara PJD" for a total cash consideration of RM220.0 million.

The details of the announcement as attached.

This announcement is dated 31 December 2013.

Posted by topseeker > 2013-12-31 20:02 | Report Abuse

cantik!! ang pau!!

Posted by sephiroth > 2014-01-01 13:21 | Report Abuse

Based on the audited consolidated statement of financial position of
the PJDH group as at 30th June 2013, net assets per share of the
group will increase by approximately RM0.22 per share as a result of
the net gain arising from the Proposed Disposal of approximately
RM101.0 million.

In addition, the gearing of PJDH Group will also reduce as the
proceeds to be received from the Proposed Disposal will be partially
utilised towards the repayment of bank borrowings.

Posted by sephiroth > 2014-01-01 13:23 | Report Abuse

pjd-wc will fly substantially although i sapu both pjd (1.12), pjd-wc (0.30/0.31/0.32)

Posted by Icon8888 > 2014-01-01 16:22 | Report Abuse

I think target price of 1.50 can be reached soon. Maybe over next three months ?

Posted by Firebird > 2014-01-01 16:28 | Report Abuse

PJDEV had a good 1stQ, 2ndQ report will be due in Feb14, think it can maintain good and improved results, and end the year much better than previous. I am heavy on this and yes, yes, yes, it should run up over the next 3 months.

Posted by Icon8888 > 2014-01-01 16:49 | Report Abuse

The owner (Ong) can be trusted. He grew OSK from peanut. See how much he gained

Posted by iafx > 2014-01-01 16:53 | Report Abuse

that's the catch, c what happen to osk oskvi, olh never been fair to minority, he doesn't care at all. so, pandai-pandai... :D

Posted by Icon8888 > 2014-01-01 16:57 | Report Abuse

Iafx we can't be afford to be cynical or pessimistic in stock market. Otherwise can't make $.

Posted by Firebird > 2014-01-01 16:57 | Report Abuse

For me its a worrying factor, when OLH became the Chairman.

Posted by iafx > 2014-01-01 17:00 | Report Abuse

not about emotion but fact. afterall, other option available. too obssess u loose sight. what happen to osk stake issue now? anyway, yr $ yr choice!

Posted by iafx > 2014-01-01 17:01 | Report Abuse

not to mention gpacket :D

Posted by Icon8888 > 2014-01-01 17:02 | Report Abuse

Ok we let the market judge. Who make $ who has the last laugh

Posted by iafx > 2014-01-01 17:04 | Report Abuse

sure u will make $... but pandai-pandai as it is Oooolh :D

Posted by Firebird > 2014-01-01 17:13 | Report Abuse

I will take note of our discussions. Thx guys

Posted by nskim0909 > 2014-01-01 17:16 | Report Abuse

aiyo...but olh memang make me worry a bit....but once dump money in this counter , then juz hope for the best...

so let pray so can up more....hehehehe...:)

Posted by Firebird > 2014-01-01 17:19 | Report Abuse

Hope it can reach Icon's Rm1.50, its alrdy v.good for me if so.

Posted by Icon8888 > 2014-01-01 17:24 | Report Abuse

My cost for wc is 31 sen. If mother share is RM1.50, maybe wc can each 60 sen. 100% return over three years. Not very impressive, but better than fixed deposit : )

Posted by Firebird > 2014-01-01 17:36 | Report Abuse

Its impressive since for FD to have that return it probably takes more than 30 years. I have Wc at 32.5sen. You mention 3 years, I though we were talking about 3 months?

Posted by Icon8888 > 2014-01-01 18:27 | Report Abuse

I bought in 2011. Hold until now. At its lowest, it dropped to 14 sen

Posted by Tommylim > 2014-01-01 19:37 | Report Abuse

After Brem and Chhb, my remisier ask me to buy Pjdev last friday, 1 hour before closing. He said Pjdev will be getting RM 200 millions as part of property disposal. Can anyone verify this?

Posted by Tommylim > 2014-01-01 19:40 | Report Abuse

Correction. I bought last tuesday. Thank you

Posted by Firebird > 2014-01-01 19:51 | Report Abuse

Tommy, this disposal is also in the Star papers. May I know if there are others counters he ask to buy so that I can see if I wd follow

Posted by Tommylim > 2014-01-01 20:04 | Report Abuse

My remisier remind me not to disclose his recommendations without his premission. I open account with him based on close friend introduction. Sorry.

Posted by smalltimer > 2014-01-01 22:12 | Report Abuse

PJ Development Holdings Bhd (PJD) has appointed Tan Sri Ong Leong Huat as chairman.

Ong is the chief executive officer and group managing director of OSK Holdings Bhd. He is also managing director and chief executive officer of OSK Property Holdings Bhd.

Posted by carson > 2014-01-01 22:15 | Report Abuse

think osk giving mgo to pjd

Posted by Firebird > 2014-01-01 22:17 | Report Abuse

I am lost for words, thx

Posted by sjou > 2014-01-02 08:07 | Report Abuse

pjd only get down payment ,the rest pay by next 6 month....do not give big hope for the moment....

Posted by balvin71 > 2014-01-02 08:59 | Report Abuse

Going to set new 52 week high by today or tomorrow

Posted by faberlicious > 2014-01-02 09:01 | Report Abuse

whoa,durian runtuh!

Posted by balvin71 > 2014-01-02 09:03 | Report Abuse

Wow! Did it in the first few minutes after opening. Extremely strong.

Posted by carson > 2014-01-02 09:03 | Report Abuse

its flying, true to what sephiroth foresee

Posted by sephiroth > 2014-01-02 09:04 | Report Abuse

$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

Posted by Icon8888 > 2014-01-02 09:06 | Report Abuse

Performance much much better than I anticipated : )

Posted by Tommylim > 2014-01-02 09:07 | Report Abuse

Should I sell my PJDev now? My remisier ask me to and to buy another counter. Already made 10K from CHHB. Any advise, anyone?

Posted by sephiroth > 2014-01-02 09:09 | Report Abuse

u serious??? after disposal of building +0.22 NAV to 2.17 = 2.39

Posted by Tommylim > 2014-01-02 09:10 | Report Abuse

Sephiroth, I don't know anything about stock. I only follow whatever my remisier ask me to buy or sell. So I should hold? Thanks

Posted by sephiroth > 2014-01-02 09:12 | Report Abuse

Tommy, Not only HOLD, can add more if u have extra $$$

Posted by feifun > 2014-01-02 09:12 | Report Abuse

property stocks take turns to goreng

Posted by Stockman > 2014-01-02 09:13 | Report Abuse

PJ Dev is cash rich now for more up up

Posted by Icon8888 > 2014-01-02 09:24 | Report Abuse

target price RM0.60 for WC