BJCORP just reversed trend last friday to UPTREND after years of downtrend. Once UPTREND had started, the UPTREND will speed ahead with higher and higher prices. This UPTREND will last for quite some time. So as an investor, you better RIDE PATIENTLY the UPTREND.
If you still want to "KONG KANG, KONG SAI , TOK KOK N BECOME FOREVER NATO MEMBER" then u will end up "CHIAK SAI or worst LIM LAO SAI CHUI, BO KEE HUEY CHIAK HO LIAOW"
Calvin Tan, can you please advise whether BJCORP has incorporate the RM188mil gain from placement of BJAUTO in current quarter result?
I have read through the entire report, but it didn't mentioned the one-off gain of RM188mil?
since the placement has been done completely on 20th May 2014 (kindly refer to announcement below), so the profit should be reported in current quarter result right? Why I can't find it?
If I were not wrong, the quarter report didn't recognize the financial gain from the disposal of BJAuto shares amounting to RM 180 mil. It's somehow, to my belief, included in the NA calculation, which increases 6 cents per share compared to 4th quarter FY 2014.
If I were not wrong, the quarter report didn't recognize the financial gain from the disposal of BJAuto shares amounting to RM 180 mil. It's somehow, to my belief, included in the NA calculation, which increases 6 cents per share compared to 4th quarter FY 2014.
Any expert view on this?!?
U CAN REFER TO DISPOSAL OF INVESTMENT IN SUB COMPANY...
We would invite our most panlai investor LENO to stand out to explain this Incredible QR, hehe, our most panlai investor said before it will be SUPERB PROFIT ANNOUNCEMENT wor...:)
MUAHAHAHAH ! KAYA ! KAYA ! KAYA ! As the MOST PANLAI investor would like to advise those who understand the BERJAYA Corp lastest result ... PLEASE KEEP YOUR MOUTH SHUT ! SHHHHHHHHHHHHH ............ SHHHHHHHHHHHHHHHHHHHHHHHHHHH .... MUAHAHAHAHAH ! IF u need to say something, just tell them the truth by simply stating ... "BERJAYA CORP .... CANTEEEEEEEEEEEEKKK !!" Let's all those tok kok tok sai in the dark on wat they are missing. HAHAHAHAHAH ! SHHHHHHHHHHHHHH ..... SHHHHHHHHHHHHHHHH .....
Account nit good? Haha. You all fail accounting, fail logic thinking also. Its nta increase to 1.30, tomolo will sky rocket over 0.60 and sustain. Hoho.
Agreed with Kahhoeng, the one of gain of RM188mil from disposal of BJAUTO was not reflected in the P&L, as BJAUTO is a listed company, the fair value is already reflected in the Balance Sheet oredi. That means, the double entry would be:-
Fixed assest reduced by RM230mil Current asset (i.e.cash) increase by RM230mil
No change will be reflected in its P&L.
In other word, BJCORP actually did very well this quarter. The operating profit before tax is RM200 million. That mean, all business unit of Berjaya Corp (i.e. lottery, retailing, property, services...etc) is making profit.
Compare to last quarter (ignore the one-off impairment loss of RM227mil), the profit before tax was merely RM124mil only.
It means the operating profit is improved by 61% compare to last quarter.
LOL, The Edge reporter try to cheat public investor. They hope public investor let go their share so that they can buy more!
cyborg, I do realize that the sale of BJAuto shares is recognized in the cash flow from investing activities. What I don't understand is why there is no recognition in the income statement given the sale?!?
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....
tt101
1,298 posts
Posted by tt101 > 2014-09-29 16:46 | Report Abuse
As long as not lower than 56, consider good track.