BERJAYA CORPORATION BHD

KLSE (MYR): BJCORP (3395)

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Last Price

0.385

Today's Change

+0.01 (2.67%)

Day's Change

0.385 - 0.395

Trading Volume

14,002,100


43 people like this.

45,439 comment(s). Last comment by wahidul 2 days ago

traderman

7,854 posts

Posted by traderman > 2014-10-01 11:28 | Report Abuse

datuk you dont bluff lar, bjcorp not yet 10

Posted by themazetrader > 2014-10-01 11:28 | Report Abuse

It can break 0.57 before 12.30 pm
.
.

dragonlim

408 posts

Posted by dragonlim > 2014-10-01 11:39 | Report Abuse

I think datuk waiting to collect at lower price ....

Up_down

4,307 posts

Posted by Up_down > 2014-10-01 11:40 | Report Abuse

Intangible Assets consists of Gaming rights, Goodwill, Computer software & patent rights.

Carrying value as at 30 Apr 2013:
- Gaming Rights 4,653,000,000
- Goodwill 809,343,000
- Computer software 1,619,000


BJCorp acquired additional shares of Btoto in order to turn the later become a subsidiary in year 2008. By recognizing revaluation surplus arising from the purchase price allocation relating to the block of equity interest prior to BToto becoming a subsidiary company of the Group, Gaming Rights 4.85 billion was taken in as Intangible Assets. If i am not mistaken, revaluation surplus comprises additional Fair Value reserve 1.17 billion and Minority Interest 3.37 billion.


Notes on GAMING RIGHTS extract from Annual Report 2008

10. SUBSIDIARY COMPANIES
(vi) On 4 February 2008, BLand increased its interest in BToto to 48.96% due to BToto’s share buy back exercise and the purchase of 1,000,020, BToto shares by Gateway Benefit Sdn Bhd, a subsidiary company of BLand. Together with the equity interest in BToto which are held by other subsidiary companies of the Group, the total equity interest held by the Group exceeded 50% and as such, BToto is regarded as a subsidiary company of BLand as well as the Group.

BLand had undertaken a purchase price allocation exercise that resulted in the identification and measurement of gaming rights which is provisionally estimated to be at RM4.85 billion included as intangible assets on the balance sheet (Note 12).

The increase in equity interests resulted in the recognition of a fair value reserve of RM1.17 billion which was recognised directly in equity (as disclosed in the Consolidated Statement of Changes in Equity and Note 22(b)), representing the revaluation surplus arising from the above purchase price allocation relating to the block of equity interest prior to BToto becoming a subsidiary company of the Group;

22. RESERVES (CONT’D)
(b) The fair value reserve arose from the increase in equity interests of the Group in BToto as disclosed in Note 10(a)(xi) whereby BToto became a subsidiary company, which resulted in the identification and recognition of gaming rights which was included
in intangible assets on the consolidated balance sheet (Note 12).

Notes on GAMING RIGHTS extract from Annual Report 2013
(ii) Gaming Rights
The costs of gaming rights (“Rights”) acquired in a business combination are their fair values at the date of acquisition. Following the initial recognition, the Rights are carried at cost less any accumulated impairment losses. The Rights comprise:

- a licence for Toto betting operations in Malaysia under Section 5 of the Pool Betting Act, 1967 (“Licence”) which is renewable annually;
- an equipment lease agreement, maintenance and repair services agreements of on-line lottery equipment with Philippine Charity Sweepstakes Office, Luzon Island, Philippines (“ELA”) expiring
in August 2015; and
- trademarks, trade dress, gaming design and processes and agency network.

The Licence has been renewed annually since 1985 while the ELA has been entered into and renewed/ extended since 1995.
The Rights with indefinite useful lives are not amortised but tested for impairment, annually or more frequently, when indications of impairment are identified. The useful lives of Rights are reviewed
annually to determine whether the indefinite life assessment continues to be supportable. If not, the change in the useful life assessment from indefinite to finite is made on a prospective basis.

datuk

4,935 posts

Posted by datuk > 2014-10-01 11:42 | Report Abuse

sure....not yet rm10.......how to achieve rm10...when the operating result ang ki ki.......need disposal of aseet to turn it back toblack ....so, hv to wait until the year 2099 lor..kikiki

Posted by RussianRoulete > 2014-10-01 11:44 | Report Abuse

IMPOSSIBLE WILL GO UP...

datuk

4,935 posts

Posted by datuk > 2014-10-01 11:46 | Report Abuse

atuk will collect back rm0.475 and below..........waiting lor....hopefully not until the year 2099...i'm not sure....

but...to rm10.......definitely have to wait until the year 2099.....kikikiki

datuk

4,935 posts

Posted by datuk > 2014-10-01 11:47 | Report Abuse

if bjcorp is rm10....pbbank will rm500 lioa!! kikikiki

LokLok

82 posts

Posted by LokLok > 2014-10-01 12:00 | Report Abuse

datuk said bjcorp will not drop below 0.48. prove calvin is right!

leno

6,123 posts

Posted by leno > 2014-10-01 12:09 | Report Abuse

hahahahah ... nice !

vegebotak

1,071 posts

Posted by vegebotak > 2014-10-01 12:10 | Report Abuse

Run !!!!!!!!!!!!!!!!!!!!!!!!!!!!

datuk

4,935 posts

Posted by datuk > 2014-10-01 12:14 | Report Abuse

sure calvin is right....his prediction rm10....sure comes in 2099! LOL

leno

6,123 posts

Posted by leno > 2014-10-01 12:25 | Report Abuse

it is not about tp rm 10 or tp 100 ... but the REAL QUESTION ... is BERJAYA CORP worth more than 56 sen ... or better still ... how much BERJAYA CORP worth at least ? 60 sen ? 65 sen ? 70 sen ? Definitely more than 51 sen ... this one WE ALL ARE DAMN sure mar. Worth more than 51 sen doesn't mean price cannot go below 51 sen ... it mean all the MILLIONAIRES will definitely whack anything below 51 sen mar. HAHAHAHAHAH ... no wonder everione call leno the MOST PANLAI investor ... thank you thank you .... muwah !

LokLok

82 posts

Posted by LokLok > 2014-10-01 12:35 | Report Abuse

Yes, the most pannai leno. Never think that still can get a cheaper price on bjcorp.

sunztzhe

2,248 posts

Posted by sunztzhe > 2014-10-01 12:36 | Report Abuse

There are those who sold off too early at below 51 cents and grudgingly realized that they could have made much more and is actively trying to talk price down as they know the window of opportunity is narrowing fast. Looks like they will end up buying at prices much higher than the price they sold off.

They think they can outsmart the market but mr market always knows best!!

cfoong

1,189 posts

Posted by cfoong > 2014-10-01 12:39 | Report Abuse

0.64 la soon... Thks for Dato Zurainah indication!..sayang betul.. kakakaka

ivankvs

517 posts

Posted by ivankvs > 2014-10-01 12:39 | Report Abuse

^_^

tt101

1,298 posts

Posted by tt101 > 2014-10-01 12:46 | Report Abuse

if 64 can reach, the kikikiki familiar sound have to change to huhuhuhu...

cfoong

1,189 posts

Posted by cfoong > 2014-10-01 12:52 | Report Abuse

it broke the 1st buying prices of Dato Zurainah at 0.56... 0.64 la soon...

cfoong

1,189 posts

Posted by cfoong > 2014-10-01 12:54 | Report Abuse

For Datuk ok de.. he jus rebalance his portfolio..and channel cash to other counters but he is still maintaining substantial holding of BJCorp... he will still kikikikikikikikiki...until the end... and he is kampung kaki to Robin.., surely Robin will jaga la dia.. Atuk is ok de...still in BERJAYA Win Club...

cfoong

1,189 posts

Posted by cfoong > 2014-10-01 12:55 | Report Abuse

Sama sama lah, kita BERJAYA... to all 3395 shareholdersssss.. kikikikikikikikiki...

datuk

4,935 posts

Posted by datuk > 2014-10-01 12:56 | Report Abuse

price = individual cannot decide; masses can decide
short term stability of price = quality of buyer and seller
long term price = profit level, CAGR, 3CAGR,

price today = big banker decide

kikikiki (part 1)

datuk

4,935 posts

Posted by datuk > 2014-10-01 13:02 | Report Abuse

price of yerterday = Leno decide; the self proclaimed most panlai investor

Price more than 50 year = Calvin for his ability in seeling his day dream

LOL (part 2)

Steven Yong

1,251 posts

Posted by Steven Yong > 2014-10-01 13:20 | Report Abuse

Buy BJCORP, HLND,GSB, JOBST.

cfoong

1,189 posts

Posted by cfoong > 2014-10-01 13:32 | Report Abuse

Let look at HK market which is in deep correction now due to political turnoil... haha... it is always good frens for value investors... HKEX is off today and tomorrow ... good luck..! kakakaka///

datuk

4,935 posts

Posted by datuk > 2014-10-01 14:06 | Report Abuse

cfoong......pak robin won't take care me but misai will....... n always.... if you still got paper gain , sell now!!!! otherwise.....just keep it.......................for future gain....kikikikikiki

Posted by RussianRoulete > 2014-10-01 14:08 | Report Abuse

WILL CONTINUE FALL.. CANT BE HELP...

Posted by RussianRoulete > 2014-10-01 14:08 | Report Abuse

DONT GO NEAR KLCC... veri veri dangerous now...

datuk

4,935 posts

Posted by datuk > 2014-10-01 14:09 | Report Abuse

mui, mui, mui, tsh, tsh, tsh, drb, drb...............kikikiki

Posted by RussianRoulete > 2014-10-01 14:20 | Report Abuse

FRIDAY T4.... will be another MAJOR drop :)

KAh KAH kAH

Posted by RussianRoulete > 2014-10-01 14:22 | Report Abuse

IF U WANT TO BUY BJCORP.... Just wait Friday, Very cheap :)

:)
:)
:)

DONT BUY NOW....

Posted by investorxyz > 2014-10-01 14:22 | Report Abuse

seem like everyone expect a drop :)

Alex Ng

99 posts

Posted by Alex Ng > 2014-10-01 14:23 | Report Abuse

This evening 4pm spike up :)

Posted by RussianRoulete > 2014-10-01 14:24 | Report Abuse

Everyone MUST RETREAT NOW.... if want to BUY, FRIDAY MORE CHEAP2 BJCORP...

Let The Price FALL for NOW....

Novice168

191 posts

Posted by Novice168 > 2014-10-01 14:42 | Report Abuse

Bjcorp is very good long term counter; strong NTA etc. When they start declaring high profit next quarter, this counter sure will fly. Use my spare money now to play HLind; 1.08 free Narra share for every Hlind share by 14/Oct. Official.

tt101

1,298 posts

Posted by tt101 > 2014-10-01 14:50 | Report Abuse

Let it be, see the true color.

Joeylee

807 posts

Posted by Joeylee > 2014-10-01 15:01 | Report Abuse

RussianRoulete did a very good job promoting it. Now seems hard to move.. I am giving you a Captain Star 2.. Who are in this group as well ?

Joeylee

807 posts

Posted by Joeylee > 2014-10-01 15:05 | Report Abuse

Cannot move for couple days will create a fear.. All investors will drop..

Joeylee

807 posts

Posted by Joeylee > 2014-10-01 15:06 | Report Abuse

Will VT going to launch 2 phase assault.. ?

Joeylee

807 posts

Posted by Joeylee > 2014-10-01 15:07 | Report Abuse

This moment should be a great news launching or great injection ...

tt101

1,298 posts

Posted by tt101 > 2014-10-01 15:11 | Report Abuse

When stomach full also need time for digestion before able continue to eat the second round. Dun kan cheong, man man lai.

Joeylee

807 posts

Posted by Joeylee > 2014-10-01 15:11 | Report Abuse

Breakout 0.515 should be great move.. Show us the VT power and Zura Power.. or this is the end..?

Joeylee

807 posts

Posted by Joeylee > 2014-10-01 15:16 | Report Abuse

Please Buy back 10 million again.. Buy BACK at least reaching RM 1.00 or otherwise all investors will drop..

Joeylee

807 posts

Posted by Joeylee > 2014-10-01 15:23 | Report Abuse

If no 1.00 then buyback until 0.60 .. All investors will push it up again to 0.75.

Joeylee

807 posts

Posted by Joeylee > 2014-10-01 15:25 | Report Abuse

No other way except buyback until 0.60 or that's it.

HC Lee

1,518 posts

Posted by HC Lee > 2014-10-01 15:29 | Report Abuse

DUMPING TIME.....Better take profit before it go back to 50 sen level..............

Joeylee

807 posts

Posted by Joeylee > 2014-10-01 15:38 | Report Abuse

Not so soon .. dumping .. this is the level

datuk

4,935 posts

Posted by datuk > 2014-10-01 15:42 | Report Abuse

Misai also like to do trading..net outflow...kikikiki

datuk

4,935 posts

Posted by datuk > 2014-10-01 15:42 | Report Abuse

The end of contra kaki...kikiki

datuk

4,935 posts

Posted by datuk > 2014-10-01 15:44 | Report Abuse

The bull end with qtr result in red, covered by one off asset disposal ...kikikiki

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