Barring from any unforessen circumstances, the BJCORP performance will change from "GOOD" to be "Satisfactory" only... kikikikikikiki... this is the statement which going to appear in the quarter report... kikikikikiki...
Bjcorp like will announce Q2 result today, after 5 pm. Based on its subsidiary earning, Bjfood, Bjauto, Bjtoto, the coming Q2 result at least should perform better than Q1.
also, in coming quarter, BJAuto will become an associate company rather than subsidiary company, another RM 1 billion remeasurement gain from such change in status will be recorded!
The most sterling announcement make by Bjcorp is due to cut down in Bjauto, it will recognized Bjauto as associate and will recognized RM 1.023 bil or 24.6sen with effect on 1 Dec 2014, and will reflect in in next upcoming quarter
Please relook bursa announcement, Bjcorp will recognized Bjauto as associate after cut down stake to 36%, and therefore will recognized total RM 1.023 bil or 24.6sen with effect on 1 Dec 2014, By then, Bjcorp NTA will further surge to >RM 1.60. It will reflect in in next upcoming quarter, which mean, Bjcorp Q3 result will record at least EPS > 24.6sen, or as much as 62% of current share price of just 39.5sen .
If Bjcorp continue to rationalize and realize investment gain on its subsidiary, the next target after bjauto will be Bjfood. Bjcorp cost of investment just merely 70sen compared to Bjfood current share price of RM 3.06, Once Bjcorp opt to placement out its current stake in Bjfood from 59% to below 50%, it will follow account measure as Bjauto, recognized massive investment gain again.
I foresee all this but you have explained it very well. Keep up the Good Work!
So My Target Price for BJ Corp at RM2.50 is very possible. If fact if all the Other Companies like BJ Toto, BJ Asset, BJ Land, The Store Corp, Atlan, Magni Tech & ALL THE UNDERVALUED ASSETS Are Realized As CASH. IT IS HIGHLY POSSIBLE THAT BJ CORP BE A BLUE CHIP SOME FUTURE DAY.
Of Course If I claim that BJ Corp is worth more than RM10.00 all the naysayers will throw brick bats at me.
But Just Watch & See THIS ASIA'S BERKSHIRE HATHAWAY Unfolding Its DEEP DEEP VALUE!
Hope all the kaki here will realise profit after tomorrow... but always be prudent ... believe many people will chase "height" tomorrow... good lucks!!! dun over excited...kikikikikikiki... if the same scenario happened to be as BJ Food bf... then... it may gain 20 to 30% easily besok!.. kikikikikikiki
sam2828, kikikiki...u turn? I only finding the short cut to the destiny and avoiding possible risks... kikikikiki... all the kaki here have their own motive to commend here... kikikiki...
No dividend for the results? Disappointed again becos BjCorp heats up and then falls down and sleeps. Most of their profit comes from revaluation of Starbucks?
In xingquan, i think even is genuine, still need at least 2yrs to stable. Too fierce the competition in china, also very low barrier to entry. Not a good biz model according to buffett way of investing. I have more confident with GSB. Your pick on Nylex also good.
Mr. jtpc2006 Revaluation of investment or fixed assets will not be reflected in Income Statement. Even sale of the plantation land in BJCorp will not be taken into Income Statement as normal business transaction. It will be treated as Abnormal transactions, will be accounted for similar as Disposal of share holding in BJAuto. Any gain / loss in Land Disposal will affect the BALANCE SHEET & CASH FLOW Items such as +/-Reserve; +Cash/ Bank Balance; -Assets, Other Debtor ( if the is outstanding ), NTA etc. If you still not sure, please check with BJCorp’s Auditor. Have a good day.
Talking abt umobile, i think still hard to list. As still loss making. Unless it has breakeven, then can backddor redtone. But i think unlikely. As vt style seldom backdoor. He might want to list umobile as ipo, he will earn more. Then takeover redtone someday.
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 > 2014-12-30 14:28 | Report Abuse
Barring from any unforessen circumstances, the BJCORP performance will change from "GOOD" to be "Satisfactory" only... kikikikikikiki... this is the statement which going to appear in the quarter report... kikikikikiki...