hmmm...I have a dream...BJCORP new GLOBAL ONLINE CASINO BETTING biz takes off!!! BJCORP price @ RM 20.00...MOLG listing was the first step...digital wallet is second step ...solid foundations for GLOBAL ONLINE CASINO BETTING is being built!!
BJCORP ONLINE CASINO BETTING...NO NEED TO FLY, TRAVEL TO CASINO..JUST CLICK & YOU ARE IN ONLINE!!! ANYONE WITH DIGITAL WALLET CAN PLAY!!!
looks hot air now but once casino online betting in place, there is no telling how high it will shoot up, believe trending up process had began, stay fune
I have both BJ Corp & KPSCB. You think more highly of KPSCB than BJ Corp? BJ Corp has debt but its debt is used to acquire great assets & businesses. Perfectly all right. TA also has many o/s yet it has gone up in price.
For KPSCB it also has a lot of debt. Problem is the debt was caused by wrong investment. I am privy to knowledge that I didn't share about KPSCB. In any case I have sold down KPSCB & Bought More BJ Corp shares.
Don't tied down your capital in this lame duck counter ... so many other portential counters that will gives you much better returns & in a much shorter time frame !
Kpscb I also took profit but maybe shld have kept/hold- as it's a cornered stock easy to push up Bjcorp is hard to move Problem with kpscb they have an issue with a property transactions , could be long battle in court , and it doesn't pay any dividend Anyway I bought when it drop, rebounded so I sold haha
CATALYST 1) IMPROVING EBIT, NAV, NTA, DEBT REDUCTION CATALYST 2) GLOBAL ONLINE CASINO BETTING NEW BIZ CATALUST 3) POTENTIAL RESORTS CUM CASINOS IN MALAYSIA, S KOREA, JAPAN, VIETNAM ELSEWHERE
Price already BOMBED OUT. Now consolidating with upside bias. Price has partially factored in Catalyst 1) but PRICE HAS NOT FACTORED IN CATALYST 2) & 3)
It came from the horse mouth ( CEO of BJCorp ) that BJCorp did not have any investment in MOLG. Let's not over stressed on this issue and move forward. Anyway this is a small thing. More important is that BJCorp will get the lottery project in Vietnam which has a high probability. Many other good things are in the pipe line. Just a matter of timing, patience and a bit of luck.
I have double checked the columns. Indeed Molg is under VT private business. Now I have one question. Why BJ Corp listed MOLG as one of the companies under its proposed Share Buy Back recently? If strictly not related there is no reason to mention Molg?
Calvin, let's move forward. Your question is suppose to be for the CEO or CFO to answer at the AGM. We don't have to convince anybody to buy BJCorp shares. Even the CEO is not doing that. This is just a forum for sharing and discussion. If anybody who don't believe in BJCorp, why are these people still around. Those who are negative on BJCorp has to be more specific and convincing instead of making general remarks or statements.
Calvin, maro is new here but maro is big supporter for truths and facts.
Maro hopes that you can provide proof for claims that you make so that we can make informed decision about our investment.
Maro would like to know which annoucement by bjcorp on proposal of share buyback mentioned about MOLG? If yes then it is a good news that we would like to read about.
Actually, I am not so much into Technical Analysis or even Charts.
A simple guide is using 30% Discount to NTA as a margin of safety. . Total Debt minus Total liabilities. And growth prospects.
At its simplest form I would give 30% discount from NTA for BJ Corp = RM1.30 x.7 = 91 cents for BJ Corp.
This was what I did with Dutaland. Dutaland NTA was RM1.00 selling at 45 cents. I valued Dutaland at 70 cents. Now that Dutaland has been bidded past 70 cents I no long interested.
Of course NTA must consist of Valuable Assets and not rusty machinery.
I agree with you walau. If they are making losses for 2014, the share price should be down. But it is not, the company is also buying back and supporting at 47 sen. Furthermore, the loss is not a cash loss. Must understand a bit of accounting. Wait for the next quarter result to see if I am right. If I am wrong, you better stay away from this stock. But I afraid that if I am right, you will also stay away because by then the price would have gone up. :)
It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price. Is this bjcorp a fair company? So diversified until lack of focus and quality.
Consider this, if BJCORP is so good, why did it fall from RM1.20 to RM0.50 within 3 years time, and during these 3 years, it should go double and triple right given so many companies that went listing under bjgroup, something to ponder? TSVT a stupid guy, he overlook his biggest investment? hahaha, or it was a hot air balloon 3 years ago? want to ride the next dsonic/inari? join ifca forum, ignore bjcorp, it might become RM1.20 maybe in 10 years time when TSVT consolidate his shares 3 into 1? OOPS
loses happen these past 2 yrs ,,, i believe its a result of investment. be it adding on existing or new investment like expanding cosway, acquire starbuck etc,, its a fact capital injection are needed to start a business and profits will be back after quater or quaters passed, bj as announce is building up a casino business in north asia, its in japan- okinawa, once in operation genting will play 2nd to bj vt a capable business expert as captain of bj, confident to say, will bring in lucrative businesses, thus enormous earnings promoting it the blue chip status, vt will make big bj
Yesterday, BJ Corp went up 2 sen, but its warrant went up 3 sen instead. Ever wonder why? The reason is simple. The goreng master is actually targeting at pushing up the warrant more, instead of its mother(smoke screen only). So, the warrant becomes the main driver.
Investors will never want to buy the warrant as the conversion price is RM 1, given that the mother share is only 51 sen..
many a times we invest in stock playing special attention on who is helming and with vt , as far as i am concern its never a problem, vt will make big bj, remember vt is rich enough to retire but its fame he is after besides money, ask around any rich business person they will say fame is next in line
Walau, TA looks good. Can u be more specific, just to share with us. PE, DY if any. Any potential project. Any hidden value? NAV? These info will be helpful.
IFCA is a hot favourite now on GST theme play. Price has gone up many folds. It is probably too late to enter now. Got to wait for price retracements, if still keen to go in.
Years back I bought TA at 90 cents and it gave me 4 free TA Warrants. After that I left for USA for a short holiday. That's where I first saw Subprime lending in California.
On returning to my Glad Surprise TA Wt shot up from "free" to RM1.00. I sold all TA & TA Warrant.
Not too long ago I saw Tony (TA is Tony & Alicia - his wife) bought TA at 50 cents. Now TA already up 70%. Better don't chase.
A better buy would be BJ Capital. And BJ Corp own this stock brokering firm.
Hi Calvin, we cant look at the past only rite, if u notice TA net profit, TTM is at RM176M, with that kind of profit, still trading at low p/e, hard to justify in my opinion. This earning is on par with QL at net profit TTM RM165M. TA market cap just RM1.4 B while QL market cap at whopping RM4.2B.
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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....
cfoong
1,189 posts
Posted by cfoong > 2014-10-31 23:34 | Report Abuse
kikikikikiki... good..good... Berjaya...Berjaya...