What a day this is. I perfectly understand Mr. Market behaviour completely.
Mr. Market has no qualm about Riding "Hot Air Balloon" in the hope of a punt or two. That is the reason why in the final analysis 80% of the Market Will Eventually Lose Money.
For BJ Corp We Now Have Strong Company Share Buy Back Support at 46 cents to 48 cents.
The same cannot be said about hot air balloon like ifca
qtr ended 0714, reported profit after tax RM8,282,000-00, assume total issue share 4,300,000,000 eps = 0-1926
by using RM10,000,000-00 to purchase the share at RM0-50 or settle the loan with 5% interest, what is the impact?
purchase share, profit remain, total share reduce by 20,000,000 @ 4,280,000,000 eps will be 0-1935 and improved by 0-0009 immediately
loan paid off additional profit 500,000-00 captured by next report (save from interest paid) now the profit will be RM8,782,000-00 and eps 0-2042 by improved 0-0116
[for calculation and comparison purpose, qtr compare yearly basis was ignored & some figures are rounded, and certain condition please allow remain unchanged]
Which result will be better? numeric never lie but can be manipulated.
Does this mean in my view point? In short term, the eps improved but NO BETTER FUTURE for the entity.
It does not imply no good future but can't better with this purchase back move to the entity performance compared to if the Management using the fund to paid off part of the debt.
So don't people drawing a dragon, you also follow but the picture you drawn is look like a snake. Then sure people will hohohoohooo.
LOL, a sniff by wall street last month, BJCORP went from RM0.60 to RM0.455 for a so called defensive stock!Shy la CALVIN, you need to work harder for TSVT! hahaha, did Bershire dropped 25% last 2 weeks? Oh man, warren buffet must be crying now it that happens, hahahha
Why people dumped BJCORP like no tomorrow? until share buy back ya? hahaha, bershire got do share buy back like this? on a downtrend basis? haha, dont joke lar bro, talk like as if you know the market so well, if bjcorp is good, it would have sustained like other big diversified companies like ytlcorp and sime darby, unfortunately! BIG NO! EVEN EPF IS NOT INTERESTED! haha, enough is enough, you should spend more time reading the bible than spamming and wasting other people time here!
Who is spamming first? Your Russian & Cyborg did it all the time.
Now Didn't you notice that TSVT Bought 11 Million BJ Corp Shares at 50 to 51 cents?
And Dato Zurainah bought 4,3 Million BJ Corp Icul C with her Own Mobey
And BJ Corp Sold down was caused by one disappearing datuk & naysayers. Anyway, the sell down was a great opportunity to buy!
Now Ask Yourself honestly,
Where Did Brahmal get the 25 Million IFCA Shares. A proxy for The Shark? Already Dumped 11.25 Million IFCA Shares. Another 13.76 Million IFCA Shares To Be Dumped Soon.
So Double check your flimsy foundation- Will IFCA go LIMIT DOWN LIKE SUMATECH?
Wait and wait, why TSVT have to buy and do share buy back? Who is the one selling? Why no confidence? TSVT has been doing share buy back for 5 years, brother, and it has fallen from RM1.20 to RM0.45! That tells you what? haha
pity Bjcorp!!! u have the worst promoter ever..imagine one salesman come to yer house and complaint everyshit in yer house and then ask u to buy his product?? Everyone in the forum is hating the guts out when hear the name of Calvin & bjcorp!!!! dumb ass promoter!!! gud luck Bjcorp..kah...kah..
According to chartist BJ Corp is a low beta stock....Price will remain stagnant for long time.....I won't put my money here and get rotten........Sumatec is a better bet as compared to BJ Corp anytime...There are many strong players in Sumatec...
kahhoeng, you are right. You may set the period to a quarter, half a year, a year also does't matter. The most important is aware the impact of the move.
For the debt, most are long term, have you think before how much cost you have to absorb for each wrong move? If the loan is 5 years, 10 years or may be longer, what is the total cost has been offset by the generated profit?
For a big entity like this, why so hard to make profit from the operation? ~ most of the opportunity was neglected.
Just for example, a young man A whose family is loaded. He never suffer any money problem. Just waiting the passive income derived from the family's wealth, say 100K per month but he need to spend 110K each month.
Young man B don't have money. He have the brain and mind how to generate income. He always make sure in each year, his income must grow at least 30% but expenses should not grow more than 10%.
If you are a pretty lady, you prefer A or B?
and now, as an investor, will you choose A and than sitting there and pray hope the appreciation of the wealth will bring benefit to you. May be yes but most of the time, before the good time arrive, the appreciation already been converted to the overhead. You can feel the figure is huge but that is not yours. People enjoy in real life and you are enjoy in your imagination.
If the Management each move will take care of the Company, without buy back its own share, the price also can fly high. Please be practical.
I suspect Calvin ans his syndicate accumulated in millions....Now stuck....cannot dispose their shares...so...he went to Sumatec and Ifcams to bad mouth because of jealousy and his heart is too smelly and stinky worst than pig sh....t......
he only went to Sumatec and IFcam to promote BJ Corp agressively....
Later got no choice.......So Calvin and his syndicate will pump and dump....becareful.....Don't get trap......
Please lah fellow investors. Let's stick to investment and market views instead of insulting and running people down. If we have opposing views, spit it out. Many people want to hear both sides before deciding to invest or invest more or even withdraw. Thank you.
86868, noted your comment. Apparently it is tit for tat. Let us TRY not to put sand in each others rice bowl. However, it is not wrong to have opposing views. The idea is to share ideas ( positive and negative ) but not to continuously and frequestly oppose and annoy the investors there. Spit it out your negative views and get out of that site since you are not an investor in that stock. We are all investors and the ultimate objective is to make some profit or coffee money, in my case. Thank you 86868. Stay cool. We learn from mistakes.
travolta- this guy doesnt know about psychology..thinking the way he promotes bjcorp by making fun on other stock will make other people buy bjcorp..he's dead wrong! hahahah...people will not even bother to put bjcorp in faved list!!!
actually good stocks that is undervalued usually ppl will keep a secret...so that they can collect more. if need to hard sale and promotion everywhere,,,, sure some thing fishy la ! good company bad company, ppl will know. dont need spend too much time selling the idea, as long as company produce good results, price will automatic follow. dont care bjcorp sumatec or whatever counter la. the more u want to promote the more ppl will suspicion of u. silence is golden !
eh no joke lolo riding on hot air balloon, a little spark will sent you down crashing, time will tel this bj no hot air balloon then are u on one with the pedigree kikikikiki
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....
Cyborg
981 posts
Posted by Cyborg > 2014-10-26 18:42 | Report Abuse
NTA this and that....
Cover by billion of asset this and that...
The truth Price drop time by time, business have no good direction....
Selling Asset time by time...
price cant move??? why ?? coz many savvy and experience investors wont buy this stock, nothing has been change in bjcorp since its previous high...
As u know, in this world many type of person same goes in stock market... there is stock that cant be trust...