Posted by 86868 > 2014-11-29 09:56 | Report Abuse

Looks Like there is an integrity issue here.....

Since the IPO, MOL shares had fallen close to 50% at Friday’s close from US$8.14 (about RM27.30) on listing day.

http://www.thestar.com.my/Business/Business-News/2014/11/29/The-MOL-blame-game-Company-needs-to-iron-out-accounting-issue-to-regain-confidence/?style=biz

Posted by cfoong > 2014-11-29 10:31 | Report Abuse

it was also heavy share buy bak at 0.54 and 0.51 ... but the price is 0.465..now.. kikikikikikiki... kasih runtuh la to 0.4... all die...all die group... kikikikikikiki

Posted by tt101 > 2014-11-29 11:09 | Report Abuse

If like that, I must tell my darling "I hate you, I hate you" . kikikikikikiki

Posted by Joeylee > 2014-11-29 13:39 | Report Abuse

At this speed, look like the lowest price not in 0.40. 0.315 is the lowest. 0.315 is the safest price to buy in.

Posted by calvintaneng > 2014-11-29 13:51 | Report Abuse

Joeylee

Price is determined by market sentiment - it can go up or down or sideway.

VALUE is Intrinsic. As Value Investors It is an opportunity to Get Value at lower cost.

However, Management know more than we do. And they "see" better than us. Since Management has RM1.7 Billion Cash Hoard for Share Buy Back, I don't think BJ Corp can fall very much further from 46 cents to 48 cents since they activate Share Buy Back at these prices.

But....

If there is a Sudden Crash & Management Fail to key in buying support at the moment and let price crash below 46 cents. Then an opportunity is opened for Great Bargains.

Calvin is looking forward to such a day confidently.

I Bought PM Corp at the lowest at 7.5 cents, UMW at RM2.40, KPS at 42 cents,

If you KNOW there is really Nothing to fear at all.

Posted by cfoong > 2014-11-29 14:20 | Report Abuse

in soros book, age of fallibility... it mentioned none of the investor know exactly the products or the environment tht they are stationing.. therefore, the risks mitigation plan must be in place all the time... kikikikiki.. unless u are cacing in tan sri perut... u just cant read its mind exactly.. kikikikikikiki

Posted by Lewis Lee > 2014-11-29 14:46 | Report Abuse

If MOL Global is a subsidiary or associate of BJ Corp, why BJCorp never annouced the accounting issue of MOL in Bursa ? Nor even the IPO of MOL ! I believe this is a requirement in Bursa rules
In addition, whenever I read financial news regarding MOL, I never read sth like it is linked to BJCorp, they merely said VT & Johor Sultan are major shareholders
Somebody quoted me a para in their recent circular stated that MOL are subsidiary of BJ Corp, but after detailed analysis, it was stated as 'deemed interest' by virtue of BJ Corp holding around 36.96 % shares in MOL.com (in fact a subsidiary of MOL Global ?)
Therefore BJCorp is just a sister company of MOL Global ?! Then ONLY IF 'MOL.com' screwed up, BJ Copr will suffer loss ! Am I right ?
Come on, let's improve the quality of write up of this forum instead of shouting 'WTF, Bo chow ccccc' everyday here, shall we ?

Ha ha ha, ki ki ki ki

Posted by calvintaneng > 2014-11-29 15:12 | Report Abuse

George Soros?
GEORGE SOROS?

I must thank Soros for 2 incidents.

1) In Year 2005 George Soros gave warning about US Subprime Housing Collapse. There were Ninja loans given out from year 2000 to 2005. Ninja stands for :No job, no income, no asset loan. Another word is "Liar loan". Loans that will never be repaid unless they can "Goreng" & sell the property at higher price later.

Since the Housing Bubble is at its peak Soros warned of a collapse by 2007/2008. And Soros was right on target 3 years ahead of time! Dow collapsed when Lehman Brothers went bankrupt. I already sold all and left KLSE.

2) I bought Gold at US$320 when Dr. Marc Faber called for a buy. After 7 years Gold Shot Up to US$1,600 & George Soros Sold his Gold at US$1,600. I waited and saw Gold crossed US$1,900.

Then Gold reversed & I Sold Off Gold at US$1,700. Gold drifted lower to break US$1,200.

This year George Soros shorted the Nasdaq as early as March. So far Nasdaq has disappointed

Soros due the FED Money Printing. I think Soros, Marc Faber, TTB of Icapbitz and Leno the cat will all be disappointed this time. Why?

Because Every Central Banker Knows "The Art of Money Printing" - "Making Money From Thin Air"

This New Trick Will postpone all recession or depression for many more years to come.

So I don't follow George Soros this round. Instead I want to find a "Refuge from Money Value Destruction". Keeping Cash is "ALSO NOT SAFE" with double digit inflation.

Question is,

Is BJ Corp safe to invest?

I have 3 Rules For Investment

1) Never To Lose Money

2) Never Chase A Share After It Has Gone Up A Lot & Never To Sell a Good Share After It has suddenly gone down a lot.

3) He that is low needs fear no fall.

I think BJ Corp meet 2 of the 3 Rules.

There are Other Reasons For buying BJ Corp

1) Its highly profitable Companies. If we take the Increase of BJ Auto, BJ Food, Magni Tech, Atlan & The Store as Profits - BJ Corp has only a P/E of 2. The Stock with the Best Earning!
Though others might not see like I "See". Never mind, most of the time the Market don't see like I "saw", anyway. Just like I LOADED UP ON PERAK CORP at 60 CENTS!

2) I have followed to the letter the teachings of Ben Graham at Its Purest. Only Walter Schloss adhere to Ben's method of Net Net Value Buys. And I think BJ Corp with RM1.30 NTA still unrevised. Since I am in Property for over 30 years I am sure that BJ Corp's NTA is over RM10.00 if all its properties are revalued.

And So I Am Bullish On BJ Corp as

1) The Lowest P/E Stock at 2
2) One With Very High NTA - Therefore High Margin of Safety

Others Agree Or Not Agree Doesn't Matter.

If I KNOW THE INTRINSIC VALUE OF A THING - I Just Buy It Up!

Calvin, Singapore

Posted by Lewis Lee > 2014-11-29 15:28 | Report Abuse

I analyze BJ Corp annual report again, and did not see even 'MOL.com' are their subsidiary or associate ?! What the F is 'deemed interest' means in Bursa rules or Companies Act ?
So I can only presume 'deemed interest' means by virtue of common shareholder in VT or VT's controlled company ! Or rather MOL global is not a sister company but a 'cousin' or '2nd / 3rd cousin' company !! Ha ha ha
I think Hng33 is right about that !
Calvin tan, don't scold me when I ask you this question :-' MOL a subsidiary of BJCorp?'
I remember you scolded one forumer when he challenged your wisdom and asked you this question before ! Ha ha ha
Nothing personal, it is purely business ! Let's humbly learn the skill together !

Posted by calvintaneng > 2014-11-29 15:39 | Report Abuse

Lewis Lee

I view it in Sum Total for these reasons

1) BJ Corp included MOL in share buy back proposal for last AGM. If Mol is totally unrelated why even mention Mol at all?

2) In year 2006 BJ Corp has an NTA of 13 cents only. Then Suddenly NTA Ballooned to Over RM1.00. Since TSVT is the Ultimate Share Holder he can transfer shares & inject funds or shares according to his intention.

3) If TSVT want to he can put all of his private businesses into BJ Corp. I don't see any problem with that.

So Look At The Over All Picture.

Posted by cfoong > 2014-11-29 15:42 | Report Abuse

when u saw guru buffet can also make huge loss in his few recent investment... u shall know.. we cant rely on only one guru strategy but it shall be the synergy of all the guru strategies..

Posted by calvintaneng > 2014-11-29 15:47 | Report Abuse

Follow Ben Graham, Walter Schloss, Warren Buffet, Peter Lynch, Philip Fisher, John Neff, Mark Mobius, Marc Faber, Jim Rogers, Robert Kiyosaki

And Diversify into at least 30 stocks

Posted by littlekoon > 2014-11-29 16:00 |

Post removed.Why?

Posted by cfoong > 2014-11-29 16:28 | Report Abuse

diversify in 30 stocks... okok...calvin, u r sleepless every nite... kikikikikikiki...

Posted by mmmmmmmm > 2014-11-29 16:33 | Report Abuse

kikiki!! die in 30 stocks????

Posted by Lewis Lee > 2014-11-29 17:32 | Report Abuse

Robert Kiyosaki also considered a Guru ?
Guru of selling story book ?

Posted by Lewis Lee > 2014-11-29 17:38 | Report Abuse

The crucial question I am asking here is :- ' if MOL Global go bust or got sued in US class action, does BJ Corp need to bear the loss and consequences ?'
So that fellow forumers can get a proper info when investing in BJ Corp, and won't be misled into thinking otherwise !
Come on, Warren Buffet, or Warren Buffett-like investors , where are you ?
Value investors shall anayse the company he/she invested in to the very details, don't we ?

Posted by calvintaneng > 2014-11-29 18:35 | Report Abuse

Lewis Lee,

Robert Kiyosaki will give you insight into the world of business investment. And Donald Trump will teach you how to Add Value to Real Estate.

All Men Are My Teachers.

Posted by cfoong > 2014-11-29 19:54 | Report Abuse

runtuh MOL! runtuh bjcorp!... 0.4 lai lo.. kikikikikikiki..

Posted by kahhoeng > 2014-11-29 21:00 | Report Abuse

There is an article on star paper today on molg, those interested might want to read

Posted by Nancy Tang > 2014-11-29 21:08 | Report Abuse

The lull before the storm !

Posted by musangfoxking > 2014-11-29 21:31 | Report Abuse

the storm before the hurricane???

Posted by calvintaneng > 2014-11-29 21:37 | Report Abuse

Don't worry about Mol getting sued.

Bill Gates' Microsoft was sued many times. Microsoft was even sued by the US Justice Dept at one time. Facing lawsuit is part and parcel of doing business in the US.

Molg still has TREMENDOUS VALUE IN 3.5 MILLION FACEBOOK Shares Worth About RM1 BILLIONS.

If MOLG is listed in Bursa It's worth buying on weakness.

Posted by Cyborg > 2014-11-29 22:01 | Report Abuse

sure drop gao gao.... game over MOL.... bye bye bjcorp...

Posted by Cyborg > 2014-11-29 22:02 | Report Abuse

expected will experience the bottom within 2-3 years..... immediate TP 0.30c and below... depend on market... assume market drop... bjcorp will touch somewhere 20c

Posted by Cyborg > 2014-11-29 22:07 | Report Abuse

with bad oil sector industry and falling of gaming... not to forget SUPER HIGH DEBT.... not sure if bjcorp can sustain

Posted by Cyborg > 2014-11-29 22:14 | Report Abuse

See next week.... how bjcorp falling... dont be the last to hold...

Posted by gungho92 > 2014-11-29 22:44 | Report Abuse

value trap. declining revenue, declining earnings. the only thing to save the share price is a sudden leap in earnings. otherwise is downhill all the way.....

Posted by calvintaneng > 2014-11-29 22:47 |

Post removed.Why?

Posted by cfoong > 2014-11-30 07:29 | Report Abuse

cabut! cabut!.. kikikikiki.. runtuh to 0.4...

Posted by wongwee > 2014-11-30 10:24 | Report Abuse

cabut! cabut!.. kikikikiki.. runtuh to 0.20...

Posted by mr x > 2014-11-30 12:23 | Report Abuse

tomorrow reversal trend is on the card, bj should trend upwards, vt is going international and price at 50 is low enough, anything lower will not be good for bj to acquire more international businesses.how to talk international business when back home its only 20 or 30cts, make sense lolo kikikikikiki

Posted by veryts > 2014-11-30 12:34 | Report Abuse

Say byebye to your money
Check the chart and see the stock price sliding into the sea, along with ur money


1. Negative PE


2. Losing more and more money every quarter


3. Downtrend all the way


4. Price fell 50% within 2 years

Posted by veryts > 2014-11-30 12:37 | Report Abuse

buy guys, buy buy buy !


buy call to rescue calvintaneng from greater lost !

Posted by 1007lsl > 2014-11-30 13:35 | Report Abuse

Those who know (the TRUTH)
Do not talk (too much).

Those who talk (too much)
Do not know (the TRUTH).

Posted by Nancy Tang > 2014-11-30 14:35 | Report Abuse

Dumped bjcorpse before the corpse starts to really rots !!! Run, run , run ... don't be the last to hold the corpse ha! ha!

Posted by veryts > 2014-11-30 14:53 | Report Abuse

run to where? panic buy la! this is the only counter in bursa that is worth to be "invested" in. It's based on "TRUTH".. dont argue

Posted by Cyborg > 2014-11-30 20:12 | Report Abuse

1007lsl Those who know (the TRUTH)
Do not talk (too much).

Those who talk (too much)
Do not know (the TRUTH).
_____________________________________

WHAT TRUTH?????

1. MOL PROBLEM IN NASDAQ- look like cant sustain US market/ many people angry oredi

2. DECLINING OF GAMING SECTOR & OnG- Hit directly to bjcorp

3. HIGH DEBT - If world economic downtrend, will CRUSH bjcorp to pieces

4. MALAYSIAN INVESTOR TIRED- Very long downtrend, many retailers and investors FED UP with this counter, many people avoid and invest in other GOOD counter

5. WATERFALL STOCK - many trap above, if price up, people will throw breakeven and wash-hand from bjcorp

Posted by fortunebullzz > 2014-11-30 21:19 | Report Abuse

run for ur life!!!! bears coming!!!

Posted by shareprofit > 2014-11-30 22:21 | Report Abuse

err..have u been to bj hills before?those who went up can't wait to come down because of bored...no activities..not cold...overpriced hotel and foods...

and Genting$$$ is just next door..who ru joking bro..

Posted by cfoong > 2014-11-30 22:25 | Report Abuse

kikikikiki...runtuh bjcorp... the road to 0.4!!!

Posted by cfoong > 2014-11-30 22:28 | Report Abuse

Bjcorp performance under Robin is getting worst!!!!... Profit drop! share price drop!... kikikikiki

Posted by Nancy Tang > 2014-11-30 22:43 | Report Abuse

See the desperations in his defence of bjcorpse !!! His loses in this counter alone must be super heavy ... he is on the verge of a mental breakdown at the way he is ranting ( can almost see the foam coming out of his mouth ) but he knows that despite bombardment from all quarters , he must keeps on lying about the actual finanical shit that bjcorpse is in or else he will be buried together with bjcorpse ha!ha!

Posted by mr x > 2014-12-01 08:54 | Report Abuse

its now left to bj, to push or not, when and where, of course how much, not out of pt lolo kikikikiki

Posted by cfoong > 2014-12-01 09:04 | Report Abuse

kikikikikikiki... semua ni up to Tan Sri lo... up, up, down down..down...down...agian down!...

Posted by mr x > 2014-12-01 09:05 | Report Abuse

possible time of pushing will be when dow nearing 20thou , beware kikikikiki

Posted by cfoong > 2014-12-01 10:04 | Report Abuse

0.455... kikikikikikiki.. Runtuh wth mr. market!

Posted by hng33 > 2014-12-01 10:07 | Report Abuse

Bought more Bjcorp at 45.5sen

Posted by cfoong > 2014-12-01 10:09 | Report Abuse

kikikikikiki... road to 0.4...

Posted by Nancy Tang > 2014-12-01 10:15 |

Post removed.Why?