Posted by weijian > 2014-10-10 23:00 | Report Abuse

MOLG ipo usd12, now USD8.24, diminish 45% already.....

Posted by Gold Kelah > 2014-10-11 00:58 | Report Abuse

As I previously posted, MOL is lousy local payment business trying to list in USA so won't contribute to BJ Corp cash flow at all and now with sharp drop in price, wont contribute much to NAV.

Would not be surprised when share price drop below 40cents.

With the FED stopping the music in OCT, markets are already reacting.

Better hold cash in hand and own some good dividend paying shares with solid fundamentals.

Posted by calvintaneng > 2014-10-11 02:29 |

Post removed.Why?

Posted by cwts > 2014-10-11 05:26 | Report Abuse

Post facts lar, MOLG ipo was priced at USD10.50.

Posted by calvintaneng > 2014-10-11 08:36 | Report Abuse

Good Morning,

In Star Paper today Headlines

MOL GLOBAL EYES WORLD MARKET

Malaysian owned Nasdaq Company can expand to as many as 100 Countries.

As of now I think only a fraction of the Investing World is aware that BJ Corp is part owner of MOLG.

And even fewer people are aware that MOLG has 3.5 million Face Book Shares worth RM800 Millions.

This knowledge will slowly spread far & wide someday. By the time the majority of the Market know the potential of BJ Corp through MOLG its price would have gone up many fold.

Happy Investing,

Calvin Tan Iskandar

Posted by myview > 2014-10-11 10:31 | Report Abuse

Calvin, thanks for sharing the BJCorp/MOL/FB info. Invaluable info. Just see what will happen to BJcorp price when the world market turnaround or stablized.

Posted by carson8 > 2014-10-11 10:48 | Report Abuse

u never dream of, mol is a springboard of bj/vt for more lucrative international business , the 1st successful listing of a malysian billion ringgit in nasdaq, just one brew in mol will put bj in blue chip status yummy lol

Posted by myview > 2014-10-11 10:52 | Report Abuse

BJCorp owns 35% of MOL?

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

bjcorp's share of MOLG is insignificant.

source: http://google.brand.edgar-online.com/?sym=MOLG

Shares Beneficially Owned
Immediately After This Offering (1)
Tan Sri Dato’ Seri Vincent Tan and his entities and affiliates (6)
35,858,871 53.1 %
MOL.com Sdn. Bhd. (6)
12,464,788 18.5 %
Hotel Resort Enterprise Sdn. Bhd. (6)(9)
11,386,721 16.9 %
His Royal Highness Sultan Ibrahim of the State of Johor
8,834,598 13.1 %
MOL Ventures (5)(6)
6,962,340 10.3 %
Ganesh Kumar Bangah (4)
6,725,556 10.0 %
Rayvin Tan Yeong Sheik (6)(7)
5,035,675 7.5 %
MOL Investments Pte. Ltd. (6) (8)
2,867,517 4.3 %


total number of shares outstanding, which is 60,019,405 as of the date of this prospectus

Immediately after the Offering and assuming the underwriters do not exercise the over-allotment option, our major shareholder, Tan Sri Dato’ Seri Vincent Tan, together with his entities and affiliates, will beneficially own a 53.1% interest in the Issuer through his direct ownership of 110,764 of our ordinary shares; a 89.9% effective equity interest in MOL.com Sdn. Bhd., which owns 12,464,788 of our ordinary shares; a 60.0% equity interest, and an additional 40.0% equity interest held by his son, Dato’ Robin Tan Yeong Ching, in Hotel Resort Enterprise Sdn. Bhd., which owns 11,386,721 of our ordinary shares; a 75.5% effective equity interest, and an additional 10.0% equity interest held by his son, Rayvin Tan Yeong Sheik, in MOL Ventures, which owns 6,962,340 of our ordinary shares; a 100% equity interest in MOL Investments Pte. Ltd., which owns 2,867,517 of our ordinary shares; and 4,339,441 of our ordinary shares held directly by Rayvin Tan Yeong Sheik.

Posted by carson8 > 2014-10-11 11:07 | Report Abuse

legalise football online betting is a reality internationally and locally its a game making its way to the top, lets hope they get both licenses, casino and that balls business kikikiki

Posted by myview > 2014-10-11 11:33 | Report Abuse

If BJCorp's shareholding in MOLG is insignificant, then there is insignificant benefit to BJCorp. Good for VT and family. TQ fishmonger.

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

No lah,

Hotel Resort & others in MOLG are not privately owned by VT but owned by BJ Corp. In Company Share Buy Back Announcement for Voters New Mandate in Coming AGM. MOL..Com & MOL AccessPortal are both included as BJ Corp Subsidiary Cos

Posted by calvintaneng > 2014-10-11 11:43 | Report Abuse

Not only MOLG both 7 Eleven & U Mobile are also inside the list of Companies which BJ Corp have ownership.

BJ CORP has the largest concentration of Diversified Companies. That's Why It Qualifies to be Called Malaysia's Berkshire Hathaway!

Posted by myview > 2014-10-11 11:53 | Report Abuse

What is BJCorp shareholdings in MOLG? 32%?

Posted by calvintaneng > 2014-10-11 12:10 | Report Abuse

Best answer would be from Q&A in coming AGM

Posted by Gold Kelah > 2014-10-11 12:19 | Report Abuse

MOLG cloased down further at $8. Dead cat bouncing all the way. Their only business is epayment for game credits in M'sia which is very limited and only generating a few million profit. Paypal is already in malaysia and will expand in Asia leaving scraps on the floor for MOLG.

Overall BJ Corp major cash flow still sucks and it has very high debt levels. Any spare cash should be used for paying back it debts.

currently it is still a BLUE $hit with poor business fundamentals only worth a punt with spare cash.

Caveat Emptor

Posted by ivankvs > 2014-10-11 12:29 | Report Abuse

Will it fall below 50sen next week?

Posted by calvintaneng > 2014-10-11 14:29 | Report Abuse

Haha!

MOLG Closed UP 0.07 cents to US$8.21 yesterday! Google Nasdaq MOLG.

Check your facts before posting here!

And MOLG Is Making Very Good Money. That is The Main Reason why US People are buying MOLG Shares

Posted by Steventeo > 2014-10-11 14:49 | Report Abuse

TP RM1.00....huat ah !!!!!!!!

Posted by ganasai > 2014-10-11 15:13 | Report Abuse

All blow water hard promoters here. Drop more than 30% but up back 7c so happy now. Ah q brain.

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

HAPPY?

VERY HAPPY INDEED!

WE GOT A SHARE BETTER THAN PUBLIC BANK!

Posted by calvintaneng > 2014-10-11 15:16 | Report Abuse

MOLG IS OVER RM25.00 WHILE PUBLIC BANK IS BELOW RM20.00

HAPPY!

Posted by juinming0304 > 2014-10-11 15:50 | Report Abuse

its a shame FOR malaysian to list 8 buck share !!! my hat off to Mr TAN.....BUT our alibaba is 88 bucks !! chech !

Posted by calvintaneng > 2014-10-11 17:17 | Report Abuse

US$8 x 3.25 = RM26.00

Alibaba may be 10 times more. But just think logically China has over 1 Billion people compare to only 40 mil in M'sia

Posted by Gold Kelah > 2014-10-11 19:49 | Report Abuse

time to short BJ Corp.

With economy downturn, GST, increased petrol price BJ Corp holdings will be hit big time. UH OH! Bj Corp earnings will turn negative and lose money.

BJFood , BJ Auto all falling back down to $1

Interest rate increase, BJ Corp $6 billion debt JIALAT liao...

Better sell and run. Tide is going OUT...

coming soon BJ Corp 40cents

Posted by calvintaneng > 2014-10-11 21:00 | Report Abuse

Good Evening From Calvin Tan in Iskandar

Today I went round to visit My Johor Buddies. As of one mind most of us went in to buy More Shares During This Market Down Turn

We, One Doctor, One May Bank Top Lady Boss, One Awning Boss & myself bought

1) BJ Corp Shares. Is really good to add some on weakness. Since TSVT himself bought between 50 to 51 cents it is indeed nice to follow him.

2) Digistar. All 4 of us bought at various prices from 47 cents to 31 cents. Insider price - 31 cents

3) KPSCB - Price has fallen to 50 cents. Even below Insider Buying Price

4) RceCapital

Company has 50 cents cash for Share Buy back. We got some on weakness. Really nice to buy below Company Share Buy Back Price.

As you can see - all the above 4 counters are supported by Share Buy Back by Insiders.

But Our Major Holdings Will Gear Toward BJ Corp. We are happy to add more if BJ Corp weaken further.

Now That MOLG is Launched

The Next is AGM for Share Buy Back. Please attend AGM and give Company the Mandate.

After That It is Rumoured by Mah Sing people in IPAC near PTP Port That

FOREST CITY Will Have A Private Air Strip.

Exclusiively for VIP and VVIP to play. And a Casino License might be awarded to BJ Corp

Posted by hongheng7 > 2014-10-11 21:39 | Report Abuse

Pls read pg 38 & 39 of BJCORP Annual Report 2014 ...
MOLG, 7-11 & U Mobile are not under BJCORP .......

http://announcements.bursamalaysia.com/EDMS/subweb.nsf/all/0B0733EBCAFAF00048257D6A003510B0/$File/BJCORP-Cover%20to%20Page%2040.pdf

Posted by Joeylee > 2014-10-11 21:42 | Report Abuse

Digista - OK
KPSCB - Not yet the time
rcecap - Not yet the time

Posted by calvintaneng > 2014-10-11 21:55 | Report Abuse

Hongheng7

On Oct 7 Both 2014 Annual Report & Circular for share buy back came out both at the same time.

I think Annual Report was printed earlier.

7 ELEVEN, U MOBILE & MOLG ARE ALL MENTIONED IN THE SHARE BUY BACK PROPOSAL

AS ALWAYS THE LATEST REPORT SUPERCEDES ALL OTHERS

Posted by hongheng7 > 2014-10-12 00:05 | Report Abuse

Based on Circular for share buy back at 7Oct2014

Pg 23,
7-11 not under BCorporation
MOL.com only 18.48% indirectly
MOL AccessPortal only 36.96% indirectly

Pg 24,
Cardiff city football club ltd not under BCorporation
U Mobile not under BCorporation

Posted by calvintaneng > 2014-10-12 00:31 | Report Abuse

Read again under pp 17 for 7 Eleven

pp 21 for U MOBILE

It is written under as BJ Corp & related party

Both 7 Eleven & U MOBILE Are Mentioned by Names

The Only One Not Included is McDonald - VT private Co

Posted by hongheng7 > 2014-10-12 07:16 | Report Abuse

Calvintaneng

Ha ha!
It is because they are TSVT personal company & TSVT is the main shareholder of BJ Corp.

Posted by hongheng7 > 2014-10-12 07:21 | Report Abuse

Ha ha, TSVT already sold McDonald long time ago ..... Told by TSVT personally at BJ corp AGM on last 3 year

Posted by calvintaneng > 2014-10-12 08:58 | Report Abuse

What about Singer? VT Sold Already?

Listen. The Very Fact That TSVT Mentioned MOLG, U MOBILE & 7 ELEVEN Under Bj Corp Share Buy Back SERVE A PURPOSE!

PURPOSE? For What Purpose?

THE PURPOSE TO MAKE BJ CORP AN OUTSTANDING COMPANY

BJ CORP - BERKSHIRE HATHAWAY OF MALAYSIA

OR BJ CORP - BERJAYA ALLTHEWAY OF MALAYSIA!

BECAUSE BOTH BJ CORP & BERKSHIRE OWN VERY SUCCESSFUL COMPANIES

Posted by kahhoeng > 2014-10-12 10:30 | Report Abuse

Sometimes, VT sold companies within BJCorp just to benefit himself. A clear example would be 7Eleven... BJCorp not that great to worth being called Berkshire of Malaysia, especially with VT being the major shareholder.

Though, still believe BJCorp is undervalued

Posted by RussianRoulete > 2014-10-12 11:17 | Report Abuse

SORRY BUT BJCORP WILL CONTINUE DROP NEXT WEEK EVEN DJ REBOUND...

MOL FAILED TO PENETRATE NASDAQ MARKET AS THE IPO PRICE DROP SHARP AND HEAVY...

MOREOVER, UNCERTAIN BUSINESS OF BJCORP AND LOSS PROFIT 84.5% COMPARE TO LAST REPORT RESULTING DISTRUST FROM INVESTOR...

LIMIT DOWN NEXT WEEK....


SELL...

Posted by calvintaneng > 2014-10-12 11:17 | Report Abuse

VT sold to benefit himself? Is it really bad? BENEFIT Himself?

Let me tell you a true experience.

In 2006 to 2007 Calvin saw the thriving Business of TN Logistics. I saw so many huge TN Logis Lorries going in and out of PTP Port & Singapore. I first bought TN Logis around 90 cents.

Then I heard people say, "TN Logis" Boss Only BENEFIT Himself! He creates secondary companies to siphon money from TN Logis. You see TN Logis buy things or services from his personal privately own companies at inflated prices.

At that I Sold off TN Logis at RM1.30. Still a 50% profit. And TN Logis price crashed back below RM1.00

Then one day I met a young man & pointed those TN Logis Trucks & told him about the conplain about TN Logis Boss. "Siphon money?", He is clever to make money. Don't worry he will also take care of TN Logis too.

One day Calvin saw the Boss & his other Directors bought & bought TN Logis shares at RM1.50. Not knowing anything as yet Calvin followed them to buy some. Not sure? Buy a little lah! So I bought 3 lots of TN Logis shares for RM4,500. (Should have bought more!)

Ha! TN Logis Shot Up To RM6.00 on news of share split, bonus issue plus free warrants thrown in!

So the phrase "BENEFIT Himself" is all too familiar to Calvin.

Posted by RussianRoulete > 2014-10-12 11:46 | Report Abuse

MUST Q TODAY.... ATTACK !!!

Posted by milopanas > 2014-10-12 13:04 | Report Abuse

BELI GLOTEC!ROUND 2 DATANG!TING TING TING...

Posted by milopanas > 2014-10-12 13:07 | Report Abuse

GST STOCK PUN BOLEH JALAN!

MYEG,GHLSYS,IFCAMSC!

BELI JANGAN TAK BELI!BUDGET SUDAH CONFIRM!INI PELUANG KEEMASAN!SURE NAIK UNTUNG!

Posted by milopanas > 2014-10-12 13:16 | Report Abuse

YANG PALING CUN IALAH.....

OKSPROP DAN PJDEV!

THE STAR SUDAH CONFIRM MERGER!TAK PERLU TUNGGU LAMA!MMONEY SUDAH COMING!BELI SIKIT TEST TEST FIRST!BELI 5000 DULU!!!!MONEY SUDAH COMING!!

MESTI BELI TAU!PELUANG SUDAH SINI SEKARANG!!NANTI TERLEPAS PELUANG UNTUNG!!MARI BELI BELI!!!

Posted by Joeylee > 2014-10-12 13:28 | Report Abuse

Not my favourite

tmclife 0.45

Glotec drop to 0.07 and stagnant for 3 months before moving up. Also in my list of excellence but rythmn is not correct. 3rd class penny stock.

Posted by ganasai > 2014-10-12 15:08 | Report Abuse

profit drop, nta drop whatever drop, one thing increase: shares size! haha this calvin still want to hard mouth promote here.

Posted by calvintaneng > 2014-10-12 15:12 | Report Abuse

NTA Dropped?

Published NTA is RM1.30

Calvin Tan Research Put A Revised NTA at Above RM10.00 for BJ Corp.

BJ Corp is even more undervalued that MUI Bhd, Brem, CHHB, Perak Corp, SBC Corp, Daiman, Crescendo or KSeng. Calvin owned all these companies before.

Posted by ganasai > 2014-10-12 15:16 | Report Abuse

at year 2010 is 1.4. at year 2014 is 1.25. Please study report. I confirmed ONE and only ONE thing increase is share size haha... really "Good". I guest Soon drop to 40c based on current market situation.

Posted by ganasai > 2014-10-12 15:17 | Report Abuse

I dont know why yours want hard promote here to bring people to hell. Yours attitude really....

Posted by skyland > 2014-10-12 15:25 | Report Abuse

I never believe on VT

Posted by ganasai > 2014-10-12 15:27 | Report Abuse

based on inflation, money become small now. 1.4 at 4 years ago, now should be AT LEAST 1.7. But profit and nta keep dropping no matter time pass. Time only can make them make more loss. More time pass over, more loss happen. How small shareholder feel? How you feel?

Posted by ganasai > 2014-10-12 15:30 | Report Abuse

i think we just throw the money into sea better, haha at least, still can hear some sound.

Posted by calvintaneng > 2014-10-12 15:30 | Report Abuse

No lah,

Calvin bring honey & pots of gold to all who follow diligently.

1) PM Corp - Calvin recommended at 9 cents. At peak 37 cts. Up 400%!

2) SILK at 40 cents (Proof? Go to Regain Capital Choco Ship and SEE! On January 2nd 2014 this year Calvin promoted it there. SILK was 40 Cents. At peak SILK Crossed RM1.20 (Up 200%!)

3) Others are ASB at 14.5 cents, JAKS at 51 cents, PPG at 52 cents, Ipmuda at 76 cents, Dutaland at 45 cents & others. All went up by 40% to 80% & some even went LIMIT UP!

So Choose You Today

Follow ganasai to eat sai or Follow Calvin Tan to Great Fortune?