Know Atuk knows Calvin thinking. Actually I first bought BJ Corp at 12.5 cents in year 2006 when I saw VT buying &buying while the whole world condemned BJ Corp. Sold all after price crossed RM1.50 in year 2007.
Never touch any misai shares until now. Why?
I waited for BJ Corp to break 30 cents before buying. But after watching & watching for years BJ Corp finally broke 50 cents. I told Jojor Buddies to wait till 30 cents. But we saw Company came in to support between 46 to 48 cents for the last 3 rounds. So our target buying price of 30 cents seemed impossible - now with BJ Food, BJ Auto, BJ Asset, Magni & Atlan performing well.
And when I noticed VT bought 11 million shares between 50 & 51 cents with his own money we already know the Base cannot be too far from 46 - 50 cents. I still have reserved cash to play with VT. Just follow behind VT.
Whatever he buys, just follow him and buy a little. You won't go wrong.
Going to BOOMING ISKANDAR Now! Another joyful busy day!
the first "C" .....something deal with APEC..........some 500 KK Chinese tourists will be travelling worldwide .....banyak coma corp deal directly with this mega trends.....kikikikiki
wow thats my likes on bj, good business development forming nuclear power catalyst and many more coming up on the pipeline, correction hor its the big pipeline or xxl type kikikikiki
digital wallet and molg are in place to tap onlijne businesses and soon in u mobile smart phone, will see that in town comes mid 2015, just a little patience wait is needed for bj to be at blue chip status kikikikiki
Bj corp has been on down trend for years and recorded a low of 0.455 on 6/6. That low has not been breached during Oct sell off. If no new low is seen in the coming 2-3 months then I guess 0.455 is the rock bottom low in the long term trend of the stock. Long term investors should consider to accumulate then.
Being holding company, one way Bjcorp realize its investment gain is through placement more share of its listed subsidiary companies, notably, Bjauto, Bjfood, Bjmedia, Bj assets, Bjland and Bjtoto or through new IPO such as next upcoming Bj environmental.
BJCORP share price had already bombed out. Now trending sideways with upside bias. Price Downside is VERY LIMITED now. Upside Gain in Price from now onward is VERY MUCH HIGHER than Price downside Upside Gain in Price will be driven by - Improving EPS, NAV, NTA, Cash flows, Debt Reduction from improving performance of existing core biz units, consolidation of Starbucks biz, assets sales, investment gains through share placements & future IPOs - Future BIZ Catalysts that generate positive cash inflows
The Company is trending in accumulate cash, turn its investment asset into cash one by one. Y raise so much cash? A / few new large project going to launch? Keep your eye on it.....
Yes, it's a puzzle. VT also did the same in year 2006/2007. He bought & converted Iculs to mother share. Maybe Dato Zurainah expect Windfall payout ahead? Just watch & see what is ahead.
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....
datuk
4,935 posts
Posted by datuk > 2014-11-11 10:11 | Report Abuse
hng33.....please dun follow atuk......if you decided not to make $$ from misai....kikikiki