BERJAYA CORPORATION BHD

KLSE (MYR): BJCORP (3395)

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Last Price

0.37

Today's Change

+0.01 (2.78%)

Day's Change

0.345 - 0.375

Trading Volume

26,884,100


43 people like this.

45,437 comment(s). Last comment by AnndyYSYong 19 hours ago

MyView

3,285 posts

Posted by MyView > 2015-10-29 16:59 | Report Abuse

Thank you Paperplane2, good information for investors.

paperplane2

3,235 posts

Posted by paperplane2 > 2015-10-29 17:09 | Report Abuse

dead

MyView

3,285 posts

Posted by MyView > 2015-10-29 18:47 | Report Abuse

Don't give up yet. Not the end yet.

paperplane2

3,235 posts

Posted by paperplane2 > 2015-10-29 19:56 | Report Abuse

Hehe, only if Vietnam lottery system materialise

cyphua

976 posts

Posted by cyphua > 2015-10-30 08:05 | Report Abuse

The news panperplane2 post have two positive:
(1) Twenty-two landowners thus resisted the project, and now only four remain — Kang Min-cheol is one of them.
(2) With 60 percent of the project completed, and 147 condominiums pre-sold, a project can sell 50% is consider smooth already.

tt101

1,298 posts

Posted by tt101 > 2015-10-30 08:19 | Report Abuse

Beleng Ng I attended the 22/10/2015 AGM half way which I join in 11.00 am

Many investors were voicing out of the low dividend, and low & cheap share price.
Mr. chairman Robin Tan explains :
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(3) Seeking compensation in Jeju Island Korea project.

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I might left out something important, and please correct me if I’m wrong.TQ.
25/10/2015 17:06


What does this statement imply? Further more, the construction had halt as order by high court

ignissimia

1,049 posts

Posted by ignissimia > 2015-10-30 08:54 | Report Abuse

South Korea has many casinos in operation. In Jeju Island alone which is more than 2.5 times the size of Singapore, there are at least eight listed casinos which are being eyed by foreigners especially from China.

Most Koreans like most people would naturally welcome development where they live. It would be strange to see the RM1.9b BJCorp's development derailed because of one spirited local protester among 4 resisting landowners from an initial group of 22. The 18 had accepted increased compensation.

I cannot help feeling that there are other invisible and sinister forces involved in the blockade.

http://www.koreatimes.co.kr/www/news/biz/2015/05/123_178272.html

Eric Lim

508 posts

Posted by Eric Lim > 2015-10-30 15:17 | Report Abuse

Die

MyView

3,285 posts

Posted by MyView > 2015-10-30 19:50 | Report Abuse

Give BJ time to sort things out. There are already 8 foreign owned casinos in Jeju. So why stop this one? It is a matter of price. Kang wants more.

MyView

3,285 posts

Posted by MyView > 2015-10-30 19:57 | Report Abuse

In the AGM, Robin said BJcorp is not Syariah compliant. So govt funds like EPF cannot invest in BJcorp. What about BJtoto which is also non Syariah compliant? BJtot gives dividend every quarter. That is why the share price is so good.
Where is the money BJcorp received from their associates and subsidiary companies like BJauto and BJtoto? BJcorp did not pass it down to their shareholders. This is very unfair. BJcorp sharesholders are most neglected investors.

MyView

3,285 posts

Posted by MyView > 2015-10-30 20:02 | Report Abuse

One shareholder brought up that Calvin Tan in i3investors said that BJcorp is a RM10 company and is very undervalued. Now seldom see him around. I said dead.

MyView

3,285 posts

Posted by MyView > 2015-10-30 21:26 | Report Abuse

Thank you for the Korean Times, ignissimia. Good info.

klkk

294 posts

Posted by klkk > 2015-10-31 00:20 | Report Abuse

Calvin is now promoting KPSCB.

mamakkutty

283 posts

Posted by mamakkutty > 2015-11-02 12:02 | Report Abuse

today noon kikiki

Posted by nikolai_ramanov > 2015-11-02 13:38 | Report Abuse

hi mamak? what do u mean today noon?

MyView

3,285 posts

Posted by MyView > 2015-11-02 14:11 | Report Abuse

Price at noon 43 sen. +2sen.

posby

975 posts

Posted by posby > 2015-11-02 14:42 | Report Abuse

need @ least 35million share to break 0.450.... @ the moment not much volume....

MyView

3,285 posts

Posted by MyView > 2015-11-02 17:59 | Report Abuse

Each time share price goes up one sen, the fed up shareholders will sell to cut loss. I don't know there are how many fed up shareholders but we can see the large volume of sellers coming out. One sen up on the share price can off set the one sen peanut dividend. These people can also collect their sales money first.

Posted by Msfollowme Oo > 2015-11-02 23:44 | Report Abuse

Berjaya Corp is one of the heaviest stock to move in Bursa.
Yet I felt Berjaya definitely a good stock to invest.
Target 60 cents in 1 year.
90 cents in 2 - 3 years.

Eric Lim

508 posts

Posted by Eric Lim > 2015-11-03 00:23 | Report Abuse

Yes heavy weight, but once it moves, you can't stop it, just need patient. haha

Posted by andylee1919 > 2015-11-03 10:53 | Report Abuse

and very very very patient.....

Posted by nikolai_ramanov > 2015-11-03 11:12 | Report Abuse

putting to much in this basket.... now waiting to boost up only....

cyphua

976 posts

Posted by cyphua > 2015-11-05 08:42 | Report Abuse

Think back. normally buy back will drop. big fish need sell away not push up the price. check back VT convert a lot ICULS. This so much need turn back to cash.

klkk

294 posts

Posted by klkk > 2015-11-05 17:00 | Report Abuse

This is really a sonofabitch counter... why is there always someone purposely preventing the price to move upwards!

myview

3,285 posts

Posted by myview > 2015-11-05 23:16 | Report Abuse

I too have the same thought. Is it because of the call warrants. To play it down?

kingofong

372 posts

Posted by kingofong > 2015-11-06 18:12 | Report Abuse

Just trade btw 41 to 43 sen till breakout of 44.5 sen

MyView

3,285 posts

Posted by MyView > 2015-11-07 13:41 | Report Abuse

Agreed with kingofong. According to the chart, breakout very likely next week.

posby

975 posts

Posted by posby > 2015-11-07 14:38 | Report Abuse

my money all thr...stuck...hopefully soon..can earn 5figure if break 450

mansaham1972

1,197 posts

Posted by mansaham1972 > 2015-11-07 21:31 | Report Abuse

call waran hanya ikut mother bukannya mother ikut call waran.so jika mother turun call waran pun turun

cyphua

976 posts

Posted by cyphua > 2015-11-07 23:23 | Report Abuse

Berjaya Land提告韩政府子公司 济州度假村发展计划暂喊停

成功置地(Berjaya Land Bhd ,BLand)就与成功济州度假村发展计划(BLand's Jeju Airest City)有关的土地买卖协议违约一事,起诉隶属韩国政府的一家子公司,以追讨所蒙受的损失。

成功置地透过大马交易所发文告报备此事,却没透露追讨多少损失。

随着成功置地提出诉讼,该集团已暂停成功济州度假村的发展工作。此发展计划面积183.8英亩,发展总值(GDV)预计为24亿美元。

成功置地透过文告表示,持股72.6%的子公司--成功济州度假村公司(Berjaya Jeju Resort Ltd ,BJR)11月6日于韩国就济州国际自由城市开发中心(Jeju Free International City Development Center ,JDC),违反双方在2009年3月30日签署的土地买卖协议某些条款,而对后者提出诉讼。

BJR是这项发展计划的主要发展商,而JDC则是隶属韩国土地、基建和交通部的一家公司,持有BJR 19%股权。

根据这项土地买卖协议,JDC有义务在“无任何留置权、不存在任何费用和索赔等情况下”将这些地段转至BJR名下。

“不过,韩国最高法院却在3月20日裁定,按照土地买卖协议,JDC征用这些已卖给BJR的地段属无效。因此,JDC已违反买卖协议的条款,即该公司未能很好地将土地转至BJR的名下。”

成功置地也表示,上述地段的一些前地主已提出诉讼,称应将土地归还予他们名下。

“有鉴于此,在这样的情况下,这项发展计划的发展工作也因官司未结束而暂停。”

成功置地表示,BJR在寻求法律建议后,已决定就违约一事向JDC提告。

“JDC的诉讼料将不会对成功置地截至2016年4月杪止的现财年,构成太大的负面影响。若有进一步消息与发展,我们将适时作出宣布。”

MyView

3,285 posts

Posted by MyView > 2015-11-08 10:26 | Report Abuse

cyphua, can help translate the main points? Thank you.

cyphua

976 posts

Posted by cyphua > 2015-11-08 21:24 | Report Abuse

BJLAND accused the South Korean government units JDC in violation of the agreement, and sued to shut down resulting in local development projects.

Currently ongoing development projects have been tentative, but did not disclose the amount of actual loss.

Statement pointed out that the area of the development plan called "Jeju Airest City" reached 183.8 acres, worth up to $ 2.4 billion development (about 103 billion ringgit).

BJLand holding 72.6% of the subsidiary Berjaya Jeju Resort (BJR) , today started proceedings against the land sale and purchase agreement by the end of March 2009 the. Korea Land Development, Infrastructure and Ministry of Transportation holds a 19% stake in the resort.

"The Korean Supreme Court judgment on March 20 this year, the agreement in the relevant land sold off several pieces of land successfully Jeju Resort failure, resulting in Jeju Free International City Development Center in violation of land agreement."

The company noted that the front part of the land the landlord has sued over land owned by change.

"This lawsuit will not affect the company as of the end of April next year fiscal year results, if any progress or the amount of actual losses will notice."

MyView

3,285 posts

Posted by MyView > 2015-11-08 23:07 | Report Abuse

Many thanks cyphua. Issues not resolved yet. Will BJ land incur losses because of Jeju problem?

tt101

1,298 posts

Posted by tt101 > 2015-11-09 08:11 | Report Abuse

definitely

myview

3,285 posts

Posted by myview > 2015-11-10 13:41 | Report Abuse

Price downturn as expected.

KakiPatah

126 posts

Posted by KakiPatah > 2015-11-10 15:12 | Report Abuse

kaki sakit lagi ... aiyoyo

cyphua

976 posts

Posted by cyphua > 2015-11-12 02:16 | Report Abuse

Can I buy more?

Posted by Emily Mah Phooi Lai > 2015-11-12 12:21 | Report Abuse

the Misai Man will goreng after lunch break!!!!!!!!!!!!!!!

posby

975 posts

Posted by posby > 2015-11-12 13:36 | Report Abuse

patiently wait for 35million share to break 0.450 or else wait for news to GAP up......if not will hovering between 0.400 - 0.430 accumulating(dunno until when)

iQBE189

454 posts

Posted by iQBE189 > 2015-11-12 14:49 | Report Abuse

Misai man...=.= hahaha

iQBE189

454 posts

Posted by iQBE189 > 2015-11-12 15:24 | Report Abuse

really up liao!!

Eric Lim

508 posts

Posted by Eric Lim > 2015-11-12 16:19 | Report Abuse

Up Up Up non stop

iQBE189

454 posts

Posted by iQBE189 > 2015-11-12 18:42 | Report Abuse

nice close. Tmr 2 be continue. 0.45? enough to i3 member?

snwong13

717 posts

Posted by snwong13 > 2015-11-12 19:52 | Report Abuse

stay cool...always up to 0.45 then down..keep close monitoring, sure make money!! buy low sell high in short term...

cyphua

976 posts

Posted by cyphua > 2015-11-13 01:27 | Report Abuse

新加坡上市公司康盛(CORDLIFE)出价每股45仙全面献购新生(0137,STEMLFE)。

康盛目前持有新生31.82%股权,而成功机构(3395,BJCORP)则是第2大股东,持有10%股权。

新生今日傍晚在一项简短文告中做出这项宣布,并表示董事局会开会讨论此事。从文告内容来解读,相信是康盛增持新生股份,持股超过33%后抵触并购条例,而须做出全面献购。

据大马交易所场外交易记录,新生今日有一笔约1.2%股权易手,转手价亦是每股45仙,相信正是康盛买进这批股权后而须做出全面献购。

无论如何,该公司没有在文告中做出解释。

新生今日收市报42.5仙,比康盛的出价低5.5%。

cyphua

976 posts

Posted by cyphua > 2015-11-13 01:44 | Report Abuse

Share number only 247.5M, 10% only 24.7M, RM0.45 only RM11.11M, don't know what is the cost, cannot find BJCorp in STEMLFE annual report, but.....JP Morgan, UBS, have been appear in BJCorp, so.. this VT is not easy.

cyphua

976 posts

Posted by cyphua > 2015-11-13 07:21 | Report Abuse

KUALA LUMPUR: Singapore-listed Cordlife Group Ltd, a cord blood banking firm, has made a conditional takeover offer for StemLife Bhd, Malaysia’s first cord blood-banking firm, at 45 sen per share.


The take-over offer was triggered on Thursday after Cordlife, already a major shareholder of StemLife, crossed the 33% threshold with the purchase of 3 million shares or 1.21% of the company. That raised its stake to 33.03%.


Its exercise to take the Malaysian cord blood-banking firm private is worth RM1.35bil in an all-cash deal.


The offer places a 9.76% premium to StemLife’s shares based on five-day volume weighted average market price up to the last trading day prior to the offer of 41 sen.


Berjaya Corp Bhd owns a 10.05% stake in StemLife via Juara Sejati Sdn Bhd. Other notable shareholders include JP Morgan Chase with 4.62%, Ramesh Pritamdas Chandiram with 3.41%, Sing Chin Zee with 2.98% and Jah Wong San with 2.94% stake.


Cordlife emerged as the single largest major shareholder of StemLife when it acquired 78.74 million shares (31.82%) of the company from its founders and several individuals at 60 sen apiece in 2013. The Ace-market counter was last traded at 48.5 sen at the time of the 60 sen offer.


StemLife, which had been struggling with challenging market environment for its niche services, returned to the black with RM590,000 net profit for the nine months ended Sept 30 on RM13.4mil revenue compared with a net loss of RM108,000 in the previous corresponding period.


It was reported last year that StemLife had planned to ink more agreements with Cordlife to tap the Singapore-listed firm’s technology and product lines, according to management.


StemLife had signed a licensing pact with Cordlife last month for Stemlife to offer a service to store cell tissue from umbilical cords in Malaysia.


This was the first deal sealed between StemLife and Cordlife since the Singaporean cord blood banking firm bought the 31.82% stake in StemLife.


StemLife closed higher by a sen or 2.41% to 42.5 sen on Thursday.

cyphua

976 posts

Posted by cyphua > 2015-11-13 08:46 | Report Abuse

whole world drop, no eye see.

snwong13

717 posts

Posted by snwong13 > 2015-11-14 10:41 | Report Abuse

resistance/support at 4.35/4.05
buy...........

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