Posted by stncws > 2014-11-05 11:24 | Report Abuse

still believe this BLOG recommendation from SINGAPORE - KALVIN TAN

bjc still in DEEP coma

now 48..


ask people to grab 52 KAUKAU!!!


BJC --- BODOH JADI CALVIN !!!


BJC...

MOLG UNDER ATTACKED !!

Posted by cyphua > 2014-11-05 11:32 | Report Abuse

This share every year give RM0.01; also can be consider to keep;
quarterly only 4Q2014 and 4Q2012 announce loss, but NTA=RM1.30; Have opportunity back to RM1.30 above.
Making Loss is due to sell of or write off some company, this share have so much company we cannot control, so is normal.
If you are VT, are you want to close down your brand "BERJAYA".

Posted by Nancy Tang > 2014-11-05 11:36 | Report Abuse

Don't tied down your money in bj corpse !

Posted by Alpha Trader > 2014-11-05 11:38 | Report Abuse

It only took me 3 days to earn 60% on careplus, why bother park your money in berjaya corp? cant even make 5% in a week!

Posted by datuk > 2014-11-05 11:49 | Report Abuse

Banyak ,,, corp! Rm0.455 is coming soon!

Kikikiii

Posted by datuk > 2014-11-05 11:50 | Report Abuse

The shadow to retest year low is visible by now...rm0.475...n follow by r.0.455

Kikikiki

Posted by datuk > 2014-11-05 11:51 | Report Abuse

Besok huge volume is due..chia lat!!

Posted by hellokitty123 > 2014-11-05 12:28 | Report Abuse

bjcorp will have hope to reach its NTA only if it is able to show improvement in every quarter earnings. my guess if you have to wait for god knows how long for price to move up, might as well put your money in FD and earn 3.xx% interest. so much better than the current dividend yield bjcorp is paying. always look for companies that pays more than FD/ Bond rates, because that is an opportunity cost forgone for taking extra risk. simple logic.

Posted by andylee1919 > 2014-11-05 12:35 | Report Abuse

Thank you and appreciate CALVINTANENG for your explanation.

Posted by datuk > 2014-11-05 14:01 | Report Abuse

Buy tsh..it offer 3x cap gain in the 5 years

Posted by hng33 > 2014-11-05 15:47 | Report Abuse

Bought more Bjcorp at 48.5sen

Posted by Friendship > 2014-11-05 15:51 | Report Abuse

Buy low sell high, I always sapu when it's below 0.50 and start selling when it rebounds above 0.51...this strategy always work

Posted by hng33 > 2014-11-05 16:33 | Report Abuse

BJcorp have monetized part of its asset, such as land disposal and sold TMClife share, raise up more than RM850m to pare down debt, and realize about RM 200m gain to be recognized next year.

Posted by hng33 > 2014-11-05 16:43 | Report Abuse

Based on 48.5sen, BJcorp still trade cum dividend 1 sen, yield 2% income.

Posted by malaysian > 2014-11-05 17:25 | Report Abuse

hi hng33 1 sen if have 49k worth at 49cents , how much is the dividendthanks in advance

Posted by hng33 > 2014-11-05 17:37 | Report Abuse

49k = 100 lot Bjcorp
1sen dividend= RM 10 x 100 bjcorp = RM 1000

Posted by Nancy Tang > 2014-11-05 17:42 | Report Abuse

Even cannot find a good counter to buy ... still stay far away from this one !!!

Posted by kahhoeng > 2014-11-05 17:53 | Report Abuse

Hng33, how long have you held bjcorp?

Posted by hng33 > 2014-11-05 17:53 | Report Abuse

Bjcorp may lack of short term catalyst due to inconsistent in earning, but current share price indeed offer limited downside risk. Personally, i think can expect potential to reap at least 10% gain within 3 month.

Posted by hng33 > 2014-11-05 17:56 | Report Abuse

kahhoeng

I just bought last 2 days at 49.5sen and today more at 48.5sen, averaging down to 48.65sen

Posted by kahhoeng > 2014-11-05 18:00 | Report Abuse

Hng33, same reason for buying bjcorp, though at 50 cost

Posted by hng33 > 2014-11-05 18:03 | Report Abuse

Bjcorp 1 sen dividend though small, but at least give some return, which is important for those long term investor to lower their holding cost.

Posted by malaysian > 2014-11-05 18:24 | Report Abuse

hi Hng33 ,thank you

Posted by chanky50 > 2014-11-05 18:29 | Report Abuse

There is a strong possibility that the 47 sens low recorded on 16th Oct. 2014 is the end of its 54 months downtrend since April 2010 from its high of Rm 1.78. In the last 12 trading days since 16th Oct. It has form 5 little advancing waves with improved volume, hopefully this is the starting of its new long-term bull cycle.

Posted by calvintaneng > 2014-11-05 18:35 | Report Abuse

Good Evening to Malaysian, hng33, Kahhoeng, Chanky50

So happy to see profitable discussion. This was what happened in Dutaland Forum. All were unanimous & united. As a result Dutaland suddenly Jumped 60%!

Today I spoke to Johor Buddies. All were unanimous that BJ Corp is undervalued.

We expect BJ Corp to power up all the way before GST Implementation by April 2015.

Posted by chanky50 > 2014-11-05 18:36 | Report Abuse

If the current correction failed to bring the price to below 47 sens and the next run-up can go higher than 52 sens, with luck, very likely, a new bull cycle has started.

Posted by chanky50 > 2014-11-05 18:38 | Report Abuse

Dow looked safe from now until early 2015.

Posted by kahhoeng > 2014-11-05 18:38 | Report Abuse

calvin, its definitely not unanimous and united here lah, so many dissidents and naysayers...

Posted by calvintaneng > 2014-11-05 18:39 | Report Abuse

Seek

The recent sale of MP Corp lands at RM35 psf showed a discount from my estimate of RM70.psf

I have reduced the Intrinsic Value of MP Corp From RM1.58 to 79 cents based on the Discount of 70% to Revised NTA. At 39 cents MP Corp is cheap. However, it takes nerve of steel to buy it.

All negative news will still be coming. Try to buy on weakness

Posted by Nancy Tang > 2014-11-05 19:36 | Report Abuse

If a company can dropped from $1.78 to a low of 47c in a span of more than 4 years and still dosen't show any real indication of recovering , then it's prudent to stay sideline & just observe !

Posted by hng33 > 2014-11-05 19:45 | Report Abuse

chanky50

BJcorp may not at bull cycle yer, it is in fact still trading within narrow band 45-55sen. For bull cycle begin, It need a lot of collective effort with volume + surprise corporate earning/new + foreign fund push + windrow dressing toward year end = convincing breakout above 60sen. However, at current level, Bjcorp share price is at lower end of the band, therefore, downside risk is limited, invest now render good safety margin.

Posted by hng33 > 2014-11-05 20:14 | Report Abuse

Nancy Tang

Perhaps you need to link BJcorp earning in relate to its share price performance to solidify your observation. Generally, share price weakness is link to their weaker in earning.

Jun 2014 EPS= -2.88sen; 48sen
Jun 2013 EPS = 1.89sen; 62sen
June 2012 EPS = 6.87sen; 80sen
June 2011 EPS = 7.96sen; RM 1.20


Of course, apart from these fundamental link, share price also influence by market sentiment, technical etc. Therefore, before invest in particular stock, basis such as company past earning record, share price trading band, expected upcoming earning and future prospect can form part of our decision making.

To me, Bjcorp worse could be over, earning could recover to at least positive territory. Bjcorp have also make effort to monetized part of its asset, such as land disposal and sold TMClife share, raise up more than RM850m to pare down debt, and realize about RM 200m gain to be recognized next year. Ability to monetize asset to increase free cash flow, reduce debt and realize investment gain is particular important for conglomerate like Bjcorp.

Posted by haikeyila > 2014-11-05 20:23 | Report Abuse

this is a company with negative earnings! which can only make money by selling off assets, imagine that! in fact they are so desperate they announced plans to sell assets way in advance.

Posted by kahhoeng > 2014-11-05 20:26 | Report Abuse

hng33, I don't know when menara Bangkok bank and Ritz Carlton Residence will be completed, but once it did, at least over 1.5 billion positive cash flow will be generated. Hopefully before end of 2015

Posted by Cyborg > 2014-11-05 20:29 | Report Abuse

Selling Asset is 1 way profit... Not good in long term prospect.

why? because selling asset is the last option if no other solution to generate revenue...

Posted by always_steady > 2014-11-05 20:39 | Report Abuse

0.49 not best buy. 0.425 is the best buy at support. wish can drop to 0.425 for me to buy.

Posted by calvintaneng > 2014-11-05 20:57 | Report Abuse

Sell assets?

If only they just sell off Berjaya Hills for RM29 BILLIONS!

Settle RM6 Billions Debt.

Then Give a Nice Windfall RM6.00 Capital Repayment to All Share Holders

Then KaBOOOOOM!

BJ CORP INSTANTLY TURN INTO A BLUE CHIP LIKE MY UMW, LAFARGE & TASEK!

Posted by hng33 > 2014-11-05 20:58 | Report Abuse

Its depends, to me, Bjcorp have deep pocket asset, as much as net asset RM 1.25/share. Imagine if all its assets is able to monetized just based on their book value (ignore investment gain), Bjcorp net asset RM 1.25/share will become net cash RM 1.25/share, then, dun think bjcorp will stay at current level. Hence, ability for conglomerate to monetize their assets is good to shareholder, as investor tend to appreciate cash hoard which could subsequently reward shareholder with higher dividend.

Posted by calvintaneng > 2014-11-05 21:02 | Report Abuse

Yes hng33

Asset is cash in SOLIDIFICATION!

BJ Hills lands have a book value of RM1.45 psf only.

Lands near Petronas Twin Towers now valued at RM3,500 psf

If Just value Berjaya Hills at RM50 psf - the Value already worth RM29 BILLIONS

So the Actual NTA of BJ Corp is not RM1.30 only. It is anywhere from RM13 to RM30

Fact is stranger than fiction

Posted by always_steady > 2014-11-05 21:11 | Report Abuse

when can know whether getting casino license?

Posted by always_steady > 2014-11-05 21:16 | Report Abuse

@ Alpha Trader, carepls is too high now. I will wait for retrace then only consider. I wanted to buy today but too high for me.

Posted by pang123 > 2014-11-05 21:32 | Report Abuse

Very interesting topic. Everyone sharing their knowledge. Knowing that the nta is much higher than current price, but can anyone tell me why the price fall top 0.5 sen? The market sentiment has up for the past few years but the share continue to fall. It wasn't short term. It had been 4 yrs. Just out of my curiosity, anyone can advise on this.

Posted by calvintaneng > 2014-11-05 21:48 | Report Abuse

Pang123

Price is a daily indicator from the market. Price does not indicate value. As Deep Value Investors we are not bothered by price fluctuating upward or downward.

Our main concern is value & how viable is BJ Corp's long term business prospects.

2 Things Stand Out that Indicate BJ Corp is selling Far Below Intrinsic Value

1) ITS GROSSLY UNDERVALUED ASSETS ACQUIRED AT ROCK BOTTOM PRICES LONG AGO & HAVEN'T BEEN REVALUED

2) LONG TERM VIABLE BUSINESSES LIKE STAR BUCK, U MOBILE, PAPA JOHN PIZZA, KENNY ROGERS, COSWAY, JOLLIBEAN, TIMES SQUIRE, BERJAYA FRENCH RESORT, TIOMAN RESORT & MANY OTHERS

WE BELIEVE THAT PRICE WILL RISE UP TO MATCH INTRINSIC VALUE SOME DAY.

WHEN OR HOW WE CANNOT TELL

WHAT WE KNOW IS THIS. JUST LOAD UP WHILE IT IS STILL CHEAP

Posted by stevejab > 2014-11-05 21:49 | Report Abuse

its possible one day a catalyst or one after another will surface like rnav, casino in okinawa, lottery business in vietnam etc etc bear in mind molg was listed in preparation for online payment business, all these are power stuff and price driver, need to be patient for the moment
kikikikiki

Posted by kahhoeng > 2014-11-05 21:50 | Report Abuse

pang123, falling profits, lousy and selfish boss, costly cosway purchase...

Posted by Nancy Tang > 2014-11-05 21:54 | Report Abuse

Sorry pang123 ... can't give you an answer because I'm also asking the same question ha! ha!

Posted by malaysian > 2014-11-05 22:04 | Report Abuse

Hey guys I think the operator of this stock is UBS n kenanga.i have insider new the first target is 68 soon..I know it is hard to believe looking at the loads of seller at 0.4

Posted by malaysian > 2014-11-05 22:05 | Report Abuse

0.49

Posted by kahhoeng > 2014-11-05 22:07 | Report Abuse

when will 68 hit?

Posted by stevejab > 2014-11-05 22:08 | Report Abuse

wow what a good tp, i love it kikikikiki