BERJAYA CORPORATION BHD

KLSE (MYR): BJCORP (3395)

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Last Price

0.365

Today's Change

+0.005 (1.39%)

Day's Change

0.345 - 0.375

Trading Volume

35,848,600


43 people like this.

45,437 comment(s). Last comment by AnndyYSYong 1 day ago

Posted by Vincent Tan > 2015-06-23 13:41 | Report Abuse

aiyo, water is hot here

Posted by Vincent Tan > 2015-06-23 13:47 | Report Abuse

maybe continue frying the minority shareholders is a better idea for me

Posted by jehovahnissi > 2015-06-24 11:24 | Report Abuse

God bless Berjaya corporation Bhd

supernova

1,923 posts

Posted by supernova > 2015-06-24 11:25 | Report Abuse

volume is there but price not much movement

calvintaneng

55,476 posts

Posted by calvintaneng > 2015-06-24 11:32 | Report Abuse

Good morning,

Did you buy 11Mp Stocks last time?

Never mind if you missed them.

Now Oil and Gas Counters are rebounding. See Knm, Perisai and Alam Martin in top 30 active volumes.

Two factors will propel O&G prices and Kulim

1) Crude Oil above US$55 good for Petronas
2) Coming El Nino will life up palm oil and biodiesel prices.

supernova

1,923 posts

Posted by supernova > 2015-06-24 11:33 | Report Abuse

abang calvin is beck

traderman

7,854 posts

Posted by traderman > 2015-06-24 20:33 | Report Abuse

Buy bjcorp ... Tp 10

calvintaneng

55,476 posts

Posted by calvintaneng > 2015-06-25 08:05 | Report Abuse

TP Rm10?

YES! But Not this year lah.

For Now Oil & Gas Stocks Are Powering Up! Better Load up on O&G Counters. After making some good money then only add more Big Jumbo Corp slowly.

traderman

7,854 posts

Posted by traderman > 2015-06-25 09:20 | Report Abuse

wow bjcorp tp 10, bjauto tp 400, bjfood tp 300

Lewis Lee

1,655 posts

Posted by Lewis Lee > 2015-06-25 10:39 | Report Abuse

Today heavy selling !! Jiat lat Liao ! Result maybe no good !!!!

datuk

4,935 posts

Posted by datuk > 2015-06-25 15:11 | Report Abuse

Mai kiah! Atuk kong ung ung chia b hoon.

Result..sui sui..Buy more!

Kikikikiki

datuk

4,935 posts

Posted by datuk > 2015-06-25 15:16 | Report Abuse

Almost bought back 17800 lots since last wed...kikikiki

datuk

4,935 posts

Posted by datuk > 2015-06-25 15:17 | Report Abuse

Vroom....Vroom...pu yen ler..kikiki

speakup

26,266 posts

Posted by speakup > 2015-06-25 15:24 | Report Abuse

dead counter!

datuk

4,935 posts

Posted by datuk > 2015-06-25 15:27 | Report Abuse

Dead counter? Really?

Kikikiki

datuk

4,935 posts

Posted by datuk > 2015-06-25 15:36 | Report Abuse

it's understandable no response in this dead stock when recorded remarkable growth in mon recurring income in last quarterly announcement...

BUT...the coming announcement best all of our imagination...only Misai could have possibly thought of....hmmmm


Luckily...I got misai as well...kikikiki

datuk

4,935 posts

Posted by datuk > 2015-06-25 15:40 | Report Abuse

Misai beat our imagination with his clue SDCWCA..kikiki

datuk

4,935 posts

Posted by datuk > 2015-06-25 15:42 | Report Abuse

Only Misai can guess another misai..kikiki

supernova

1,923 posts

Posted by supernova > 2015-06-25 15:57 | Report Abuse

aiyo, down again.

tt101

1,298 posts

Posted by tt101 > 2015-06-25 16:42 | Report Abuse

bjland having a bad result?

albukhary

2,959 posts

Posted by albukhary > 2015-06-25 17:08 | Report Abuse

Datuk.. why this time so little, 17800 lots = 1,780,000 unit only leh..
Last time you always bought 50kk = 50,000,000 units leh...

albukhary

2,959 posts

Posted by albukhary > 2015-06-25 17:09 | Report Abuse

i think many of us here hold more than 17800 lots loh.

albukhary

2,959 posts

Posted by albukhary > 2015-06-25 17:09 | Report Abuse

Perhaps this is a sign of lack of confidence?

Lewis Lee

1,655 posts

Posted by Lewis Lee > 2015-06-25 17:37 | Report Abuse

Calvin Tan said :- if Datuk keeps buying BJ Corp, he is a smart-tuk !
hahaha, hope smart-tuk is right !!

mr x

589 posts

Posted by mr x > 2015-06-25 17:54 | Report Abuse

beware the prices hold on so well despite of the current weak market , probably its the signal , it has bottom out, time to get in , in a big way kikikikikikikiki

datuk

4,935 posts

Posted by datuk > 2015-06-26 08:29 | Report Abuse

An additional to that figures. Chai bo?

Kikikikiki

traderman

7,854 posts

Posted by traderman > 2015-06-26 08:47 | Report Abuse

mr x hahahaha ... the prices can hold even weak market because less contra retailer inside ... so not much people sell ... may be only some after listen calvintan said tp 10 so go and buy some and then up ship already ... and need sell at loss ... if operator want to goreng this stock, the signal will be a white candle yesterday ... which is not happen ...

supernova

1,923 posts

Posted by supernova > 2015-06-26 09:21 | Report Abuse

up, good

traderman

7,854 posts

Posted by traderman > 2015-06-26 09:47 | Report Abuse

not in play. stop dreaming. buy bjauto or bjfood better

buy the value not the price

mr x

589 posts

Posted by mr x > 2015-06-26 10:12 | Report Abuse

ha ha hope they play2 soon, believe it will go up , least 20cts for expected good q results kikikikikiki and kiki

speakup

26,266 posts

Posted by speakup > 2015-06-26 10:57 | Report Abuse

super big roadblock at 42 every day

speakup

26,266 posts

Posted by speakup > 2015-06-26 11:03 | Report Abuse

PE 1.4x.
still not good enuf for investors. They want PE 0.1x?

cfoong

1,189 posts

Posted by cfoong > 2015-06-26 11:25 | Report Abuse

kikikikikiki.... lai lai...siapa nak throw lagi...kikikikikikiki....!

cfoong

1,189 posts

Posted by cfoong > 2015-06-26 11:28 | Report Abuse

kikikikiki... time to open 4 ekor...kikikikikikikiki....!!!

cfoong

1,189 posts

Posted by cfoong > 2015-06-26 11:29 | Report Abuse

when Calvin, Chris and Leno...all keep quiet and less comments... kikikikiki... time to open ekor ...this is the time...kikikikikiki....

speakup

26,266 posts

Posted by speakup > 2015-06-26 11:32 | Report Abuse

how come no IB issue any Put warrants on Bjcorp?

Lewis Lee

1,655 posts

Posted by Lewis Lee > 2015-06-26 16:12 | Report Abuse

The consequences of the following members by involving in BJ Corp :-

Calvin Tan :- previously recommended too heavily on this counter until being treated as Sing con or lousy investor and now need to promote other stocks in order to make good his reputation !

Leno :- Bo Chow Ccccccc and then Bo Jeep Cccccc too often and making wrong call too many times until need to hide to nowhere in order not to be walloped by I3 investor members !!
I also suspect he got badly burned in BJ Corp and hiding from Ah Long or bank's collectors now !!

Datuk :- Sometimes be a Smart-tuk by calling buy and sometimes Dumb-tuk by calling sell BJ Corp until most i3 investor members can't trust his calls anymore !!

conclusion :- BJ Corp really a Conman's counter No.1 in Bursa Malaysia !! Whoever touched it or mentioned it will SURELY go Holland !! Me included ! Trapped in this pirate ship and being forced to check this forum from time to time and HOPE for new development to jump off this Con King's pirate ship !!!!!!!
Ha ha ha !!!!

Lewis Lee

1,655 posts

Posted by Lewis Lee > 2015-06-26 16:17 | Report Abuse

Hope that next week result announcement can be good or even surprise high dividends so that I can jump off this pirate ship safely !

tt101

1,298 posts

Posted by tt101 > 2015-06-26 16:41 | Report Abuse

it is too sticky, once touch, forever bonding. aiiiii

cfoong

1,189 posts

Posted by cfoong > 2015-06-26 16:45 | Report Abuse

kikikikikiki..kikikikikikiki...kikikikikikiki....good! 0.41/0/415...kikikikikikikiki...

cfoong

1,189 posts

Posted by cfoong > 2015-06-26 16:56 | Report Abuse

0.415..closed....kikikikikiki... thin vol... kikikikikikiki .. Before the Thunderstorm taking place, it is used to be so peaceful!!!... kikikikikiki...

calvintaneng

55,476 posts

Posted by calvintaneng > 2015-06-26 17:50 | Report Abuse

Wahaha!

Bj Corp no con and no pirate ship lah!

This is the most misunderstood stock in Klse.

Within Big Jumbo Corp are Great Companies.

Just buy and hold for forever until value emerge someday.

hng33

20,001 posts

Posted by hng33 > 2015-06-26 19:26 | Report Abuse

bjland, a 63’% control subsidiary of bjcorp just reported loss -RM 416m in q4 result, what will happen to bjcrop result !?, better caution and careful.

Icon8888

18,658 posts

Posted by Icon8888 > 2015-06-26 19:43 | Report Abuse

amazing result, going to RM10 soon. Calvin laughing to the bank now.

Posted by Steamboat > 2015-06-26 20:45 | Report Abuse

bjland loss from operation only 50m, another 380m loss is due to goodwill impairment

hng33

20,001 posts

Posted by hng33 > 2015-06-26 21:11 | Report Abuse

Correct, bjland loss is mainly due to goodwill impairment, but it will reflect in bjcrop upcoming result due to the fact that it is its 63% subsidiary, bjcrop could potential need to write off -RM 265m. Even though impairment goodwill is non cash effect, but it will affect in profit and loss, EPS, balance sheet, NTA. Lucky, bjcrop also in previous Q3 record non cash massive revalue surplus of its associate bjauto that mark it into market value. Therefore, for full year result, bjcrop still can manage record positive eps.

calvintaneng

55,476 posts

Posted by calvintaneng > 2015-06-26 21:24 | Report Abuse

What about Bjland assets? Hsr stops in Batu Pahat and Seremban? Lots of undervalue assets?

Lewis Lee

1,655 posts

Posted by Lewis Lee > 2015-06-26 21:48 | Report Abuse

Hello sifu Hng33, have been looking for you to answer this technical question :-
I notice that VT now hold almost 23% + directly of BJCorp, 24% + indirectly , total direct & indirect holding = 48% BJC
Does that mean if VT purchase 2% more and exceed 50% shareholding, he must make mandatory offer to minority at a xx price ?
Please teach us , thank you !

hng33

20,001 posts

Posted by hng33 > 2015-06-26 21:55 | Report Abuse

True, bjland have many undervalue landbank in its book, but only will be reflected if it willing to revalue them. It can and on management discretion to appoint valuer to revalue its landbank, pay valuation fee, record valuation surplus and deferred tax (tax only payable if these land is develop or dispose).

However, in current report, the main root cause is due to the non-cash impairment of goodwill relating to the gaming cash generating units (CGUs) amounting to RM380.73 million, resulting from the excess of these CGUs carrying values over their recoverable amounts. Bear in mind, as 63% subsidiary of Bjcorp, these goodwill is also record in Bjcrop balance sheet, therefore, if impairment is done, it need to write off from its balance sheet, affecting profit and loss account, NTA.

Management didn't highlight what trigger such massive impairment in goodwill, perhaps, Could it be link to possible Bjtoto loss Philippine toto business, which its operating license is lapse in coming Sept !!??

What worrying in Bjcrop balance sheet is that there is big amount of goodwill in its book, which if need to write off for whatsoever reason, it will severely affect bjcrop current book value.

Lewis Lee

1,655 posts

Posted by Lewis Lee > 2015-06-26 22:00 | Report Abuse

Very good analysis by hng33 in terms of accounting !
Do you think their account is genunie enough, in the sense that , no foul play with accounting figure, loopholes or even cooking their books ?!

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