By looking at 0.53 to 1.00...may be happened in another year...but there are many uncertainties with BJCorp...esp its ability to improve his profit attributed to share holders.. and also many negative incidences in the past with BJ Corp...especially the acquisition of Cosway, his investment of Vietnam properties and the Great Mall of Beijing... One questions... If he achieves RM 1.00..in a yr time, wht will happen next...??? If the above scenario remains the same, it will be sure its prices will be likely falling back... Therefore, if you can get a better counters rather than 3395...do avoid it!! Therefore, 3395 is jus appropriate to be short or medium term play... In HK, there are many opportunities at which you can go for it ... they have much better background, better business, better intregity management, better financial performance and etc... The best news is their PE also damned attractive...
Take a look on Facebook KLSE analysis. Search for 陈晓宇
We cannot predict the recent move based on single downtrend move. The correct count is the combination of all the waves from all over the years. More longer data is used for count is more accurate. Perhaps his count pattern for China is OK but not in malaysia. Malaysia is more based on US. Eventhough it is repeated again and again in China but somehow one day it will change. It will rise.
This is the second time VT trapped short term players through announcing lacklustre quarterly results this year. He is good at playing emotional game. I prefer to sit tight watching the show. Kikiki
medium and long term sure ok loh as many analyst has indicated, see what happen after mol listing, online payment business has good prospect, good luck
U think u can outsmart and outfox VT by going after fast money meh? If u think u can, better don't be too overconfident as over time u may win few battles but end up losing the war and by that time u will regret your decision.
Please lah beginner and newbie... don't simply put random comment this and that, u will only worsen the situation by trapping another newbie, let be honest in our comment... if u don't know...please ask
As i said before, now is not the suitable time to buy bjcorp... if u believe in what all so called SIFU that promote hard bjcorp... MOL,casino license, alibaba etc etc... then if it become reality TP RM1 and so on... then im confident 60c and confirm uptrend also not to late.... patient is virtue, need to enter bjcorp in the right time...
bla bla bla bla, grandma cyborg, u got finish or no finish. every 5 min repeat your lap sup.
Cyborg 166 posts Posted by Cyborg > Oct 9, 2014 09:23 PM | Report Abuse
Yupe patient is key, but patient need to be in right situation...
Cyborg 166 posts Posted by Cyborg > Oct 9, 2014 09:27 PM | Report Abuse
As i said before, now is not the suitable time to buy bjcorp... if u believe in what all so called SIFU that promote hard bjcorp... MOL,casino license, alibaba etc etc... then if it become reality TP RM1 and so on... then im confident 60c and confirm uptrend also not to late.... patient is virtue, need to enter bjcorp in the right time...
For all newbie, please don't use margin because you will be in a lot of pressure and you will not be calm and patient to make the right decision. Trust me i'd been in dept during 1997 crisis. Only buy what u have not u don't have.
WTFFF... DOW down again -130.. LONDON-Global stocks wilt after Fed-driven surge; Bund yields hit lows A rally in world stocks sparked by Fed assurances it will not rush U.S. rate hikes ran out of steam on Thursday as the dollar remained in the grip of its worst run in months.Energy shares were once against the biggest losers of the day in morning trading on Thursday, continuing a recent trend of weakness amid falling oil prices.
Based on MOL price of USD10.60, the market cap for MOL is worth USD207mil, which is equivalent to RM650mil.
If BJCORP owned 37% of MOL, that mean there is another RM230mil value of quoted share to be appear in BJCORP book (before listed, MOL worth nothing much in BJCORP book, because this type of IT company do not have tangible asset to be value).
But now since it is listed, the value of RM230mil can be appear in BJCORP book.
First Malaysia IT Company SUCCESSFULLY listed on Nasdaq With Market Cap of USD730M.
MOL Global's IPO Oct 9 2014, 11:05 ET | About: MOL Global (MOLG) | By: Eric Jhonsa, SA News Editor After pricing its IPO at $12.50 (the bottom of a $12.50-$14.50 range) and cutting its size by 6M shares to 13.5M, Asian online payment firm MOL Global (NASDAQ:MOLG) opened at $10.75 and is now at $10.82, down 13.4%. MOL, based out of Malaysia and currently Southeast Asia's largest online payment provider, sports a market cap of $730M, or 14x 2013 sales. 1H14 revenue totaled $32.4M (+34% Y/Y), and net income $3.5M.
Is it a let down? A disappointment? The First IT Missile Launch from Malaysia to Nasdaq, USA!
Actually, MOLG has been overpriced from the Very Outset. Most Dow Shares Have a P/E of 15 to 25. MOLG with a P/E of 95 is really expensive to start with. A more reasonable P/E of 20 would attract more Investors.
Calvin would price it at 5.50 USD (About RM16.50). At RM16.50 MOLG is already a Blue Chip in Malaysia. And at USD $8.00 (RM24.00) It is even more expensive than Public Bank! So all is Not Lost If You Compare It To Malaysian Prices.
Wonder if VT offer BJ Corp RM1.00 (US 33 cents) & Take It Private. Then List it in the US and see how much BJ Corp would be priced at? It would be really interesting then.
Calvin is happy for this result as we list the IPO in October when "Fear Index" is at the peak this month. Any way there are 3 good points I like to highlight here.
1)BERJAYA CORP & VT Have Successfully Launched THE FIRST MALAYSIAN IT COMPANY IN USA. A precedent has been set. This will be followed by others.
2) MOLG is Linked To BJ CORP & VT. As such there is Awareness of TSVT Ultimate Holding Company - BERJAYA CORP. VT has already prepared Annual Report in USD Figures. Expect more to follow Goldman & Others From US Funds to take notice of BJ CORP
3) One Interesting Discovery. MOL & VT Have done business with Face Book before IPO. MOLG was given 3.5 Million Face Book Shares At USD 77.00 a share.
MOLG has Billions of Ringgit in Facebook Shares if sold at market. Can someone check this out? I still in Iskandar
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....
sunztzhe
2,248 posts
Posted by sunztzhe > 2014-10-09 13:27 | Report Abuse
leno,
BCC---> NoLe NoLe NoLe NoLe NoLe NoLe NoLe NoLe