Posted by posby > 2015-12-07 08:59 | Report Abuse

@myview... cimb report..when it is?

Posted by gray > 2015-12-07 09:38 | Report Abuse

_/\_ shoot your prayers at this stock

Posted by ignissimia > 2015-12-07 11:54 | Report Abuse

A few matters are quite worrisome being (a) Great Mall of China in Yangjiao near Beijing, (b) the Airest City in Jeju Island, South Korea, (c) the Computerised Lottery Business in Vietnam, and (d) the development and construction projects in Vietnam. Kahhoeng mentioned the property projects earlier.

The Great Mall of China is already 2 years behind schedule. There is not much reporting of what is happening on the ground and China's economy is in a slowdown. BJCorp owns 51% of GMOC via Berjaya Leisure (Cayman) Ltd of BJLand while the remaining 49% is owned by Berjaya Time Square (Cayman) Ltd controled by VT and son. An earlier agreement to dispose of a 70% stake to Hong Kong’s Carnival Group had fallen off the shelf.

The Jeju Resorts works which was launched with pomp have been suspended following a Supreme Court overturning an earlier court decision in July relating to land matters. International litigation looms while the players lobby for supports to resume construction and a revision of a law. I find it bewildering that such a carefully approached and planned high profile project due to the multi-awards winning design, world heritage locality as declared by UNESCO, and under the auspice of a specially set up government agency, could run into such problems. I wonder if there is a turf war going on. BJCorp via BJLand owns 72.6% of Berjaya Jeju Resorts Ltd which has an 81% stake in a JV with JDC to develop the Jeju Airest City which will enjiy a host of tax holidays and concessions.

>> ...

Posted by ignissimia > 2015-12-07 12:14 | Report Abuse

<< ...

BJCorp won the bid to setup a computerized lottery business in Vietnam 19 months ago in April 2014 and a business agreement to operate the online lottery with Vietlott Company was expected to be sealed in October 2015 which has not happened yet. What could be holding up the progress especially when the local authorities have said that they want the business to commence asap? Could Vietnam be having second thoughts because of Berjaya’s performances so far in their property investment projects there?

We must understand that Vietnam’s economy had been in the doldrums for a much extended period until this year and because of that the capex has not been rolling out, unlike in China and South Korea. There are some 9 projects totaling about USD5 billion. The local authorities have threatened to revoke the licences of a couple of ‘dormant projects’ but it is not clear whether that implies terminations or just a period of haitus. In hindsight, the holding back was commendable prudent management in the property department and now the days ahead appear to be brighter for Vietnam's economy.

A lesser organization would have been hard pushed into oblivion already by such challenges. However, Berjaya is a titan of a conglomerate and should be strong and resourceful enough to ride through these bumps, I hope. When the ride smoothens, the rewards will be that more sweet and bountiful.

Posted by posby > 2015-12-07 14:05 | Report Abuse

last day conversion on 9th dec.. side ways...

Posted by ganasai > 2015-12-07 15:34 | Report Abuse

dont worry lah. call warrant use until Y now. So, no more code set able to use? kikiki... so next time wont have call warrant? if launch also nobody dare to buy.

Posted by posby > 2015-12-07 15:37 | Report Abuse

CZ.. den start again C1....hahah..never stop... u c uems edi know

Posted by ganasai > 2015-12-07 16:08 | Report Abuse

Kikiki, dont worry people wont be trap again.

Posted by i3loke > 2015-12-07 17:04 | Report Abuse

Haizz...i have been trapped @0.375 on last week.... :'(

Posted by 爱丽丝 梦幻世界 > 2015-12-07 17:08 | Report Abuse

Nvm i3loke, u hv 1 cent dividend!

Posted by gray > 2015-12-07 20:33 | Report Abuse

Wow drop for one over month

Posted by 爱丽丝 梦幻世界 > 2015-12-07 21:30 | Report Abuse

Yalor. If drop two more months can reach 0.1++!

Posted by 爱丽丝 梦幻世界 > 2015-12-07 21:31 | Report Abuse

If so i'll bankruptcy....wakaka

Posted by gray > 2015-12-07 22:05 | Report Abuse

Si Liao. How can drop for another 2 months? Move like crab more likely. Hopefully

Posted by klkk > 2015-12-07 22:48 | Report Abuse

BJC call warrants CY:
Listing Date: Sep 04, 2015
Maturity Date: Mar 07, 2016
Issue Size: 40,000,000
Exercise Price: MYR 0.38
Ratio: 1:1

Posted by klkk > 2015-12-07 22:49 | Report Abuse

wait another 3 months, okay?

Posted by klkk > 2015-12-07 22:57 | Report Abuse

Stock Short Name : BJCORP-CY
Board : Structured Warrants
Sector : TRADING/SERVICES
Initial Listing Information :
Listing Date : 04/09/2015
Term Sheet Date : 03/09/2015
Issue Date : 03/09/2015
Issue / Ask Price : Malaysian Ringgit (MYR) 0.1500
Issue Size in Unit : 40,000,000.0000
Maturity Date : 07/03/2016

Posted by klkk > 2015-12-07 23:07 | Report Abuse

further info on the CY-- issued at price 15 sen. Exercise price 38 sen. The initial holders of CY will only break even if the price of BjC stays at 53 sen on maturity date. That is to say, theoretically, the issuer of CY would want the price of BJC to stay below 53 sen at least till 8/3/15, while the holders of the CY would love to see the price of BJC to stay above 53 sen before 7/3/15.

Posted by klkk > 2015-12-07 23:16 | Report Abuse

BJCorp- cw information
Initial Listing Information :
Listing Date : 11/02/2015
Term Sheet Date : 10/02/2015
Issue Date : 10/02/2015
Issue/ Ask Price : MYR 0.1500
Issue Size in Unit : 40,000,000
Maturity Date : 09/12/2015
Exercise/ Strike/ Conversion Price : MYR 0.4000

Posted by klkk > 2015-12-07 23:20 | Report Abuse

BjC-cw has just expired today (ex-7/12/15) ... sorry to all the holders of BjC-cw, all burnt! Mr Market managed to keep the price of BjC to below 40 sen in favour of the issuer of BjC-cw.

Posted by klkk > 2015-12-07 23:30 | Report Abuse

The shareholders of BjC will probably have to endure till 2/3/2016 ( ex-date for BjC- cy) , Mr Market may still want to act in favour of the warrant issuer and keep the price low until 2/3/2016. How low? 38 sen to 42 sen?

Posted by klkk > 2015-12-07 23:32 | Report Abuse

Or, will Mr Market change his mind and act in favour of the cy-warrant holders and keep the price of BjC above 53 sen?

Posted by 爱丽丝 梦幻世界 > 2015-12-07 23:41 | Report Abuse

cy = "see you" = "bye bye". i hope the bjc price can back to 0.45 t~ 0.51 ... enough for me to run!... hope kuat kuat. good night all.

Posted by myview > 2015-12-08 00:03 | Report Abuse

Klkk, agreed. Price will remain low. This is price manipulation. Now Mr Market win. Good for him but BJcorpse name is like shit. Once price goes up, people will dump the share. Even now people who can't wait already started dumping. That's why the price remain low and lower.

Posted by klkk > 2015-12-08 00:09 | Report Abuse

hopefully after 2/3/2016 it will be 蓝天白云。。 but SHIT! that's another 3 full mths from today.

Posted by tt101 > 2015-12-08 08:36 | Report Abuse

at that time, bjcorp might suffer big losses
.... project fail in Korea, Vietnam, China,,,.....

what is book value of bjland in bjcorp?
if above 70 sen, than have to cut down the difference due to the new acquisition of 12% in Bjland

really worry!

Posted by myview > 2015-12-08 08:45 | Report Abuse

Project failed in Korea only. BJ asking for compensation. there is a chance that it will be resolved. Its all about paying off those sellers who objected. Originally it was 24 sellers objected to the development but now left 4. Something like that. In Vietnam, it is positive with the lottery project. IN the last AGM, the CEO said it was only a phone call away. I expected within one or two months from AGM in Oct unless the call is from MARS.

Posted by tt101 > 2015-12-08 09:20 | Report Abuse

it is true, but ....
will it compensate in full? how long? who will bear all the interest/ fund cost?

does that also mean bj group did not overlook, misled by...and totally zero responsibility on the halt of project? I don't know, may be yes may be no....

Posted by YunXin > 2015-12-08 13:04 | Report Abuse

Come on! We must have faith in Calvin Tan... this BJCORP sure will up 3x like CHEEWAH, in 3 years time! Go Go BJCORP!

Posted by klkk > 2015-12-08 14:01 | Report Abuse

Calvin Tan has gone into exile from BjC... he has probably sold all and exited BjC, so why have faith in him? You have bought into BjC, you should have faith in the CEO and the management of BjC otherwise you are on the wrong footing.

Posted by myview > 2015-12-08 14:06 | Report Abuse

Go Go going down. Buyer 36sen and Seller 35,5 sen. See how fedup the buyer is?

Posted by myview > 2015-12-08 16:03 | Report Abuse

CIMB and Maybank analysts said that BJcorp was near bottom at 37.5 sen last Thu, 3/12.. Today's price further down to 36.0 sen. I don't know why the 2 analysts bother to study BJcorp. Where price got bottom? BJcorp is shameless and bottomless.

Posted by tt101 > 2015-12-08 16:20 | Report Abuse

soon will reach again at 34.5, the lowest in past 1 year

Posted by tt101 > 2015-12-08 16:26 | Report Abuse

it is a good sign to close the gap make between 28 & 29 sept.

Posted by posby > 2015-12-08 16:37 | Report Abuse

haha..@ myview need to deduct the dividen.... infact the lowest now change to 0.335 not 0.345

Posted by myview > 2015-12-08 23:30 | Report Abuse

Posby and tt101, are u serious that new low is 33.5?

Posted by posby > 2015-12-09 08:46 | Report Abuse

Yes.. According to adjusted chart.. ..

Posted by speakup > 2015-12-09 09:06 | Report Abuse

speakup also no more Bjcorp

Posted by tt101 > 2015-12-09 09:10 | Report Abuse

myview, as long as not privatized, one day this counter will bring fortune to us.

EPS for period ended 300415 17.5
almost 50% return on current share price.
the appreciate to capital suppose very fast.

38 39 or 33 does not mean can not invest, we should consider the risk vs gain
now it seems very risky in this counter, that's why price drop sadly, however, when the condition change, the return will be very lucrative.

we should not pump money in and wait for people to generate return for us, we should from time to time monitor the movement. If it is in the right path, give more support otherwise, reduce it.

As minority, we can't say much. We still have the right to put more or reduce our investment in it.

Hope spring is not far away, good luck to all.

Posted by speakup > 2015-12-09 09:18 | Report Abuse

one day = year 2020?

Posted by tt101 > 2015-12-09 09:31 | Report Abuse

congrats to speakup zero holding

Posted by tt101 > 2015-12-09 09:32 | Report Abuse

....cut loss or smartly dispose off?

Posted by posby > 2015-12-09 09:39 | Report Abuse

keep in fridge..2016 mid year open have alook

Posted by posby > 2015-12-09 09:43 | Report Abuse

@myview... let c today after lunch... what will happen......after call warrant expired...cos now stil got time to convert....by today.......afternoon session not enuf time edi...

Posted by ganasai > 2015-12-09 10:08 | Report Abuse

convert? call warrant no convert lah bro. u familiar call warrant or not?

Posted by posby > 2015-12-09 10:58 | Report Abuse

convert means take money la....convert style cash settlement.....

Posted by posby > 2015-12-09 10:59 | Report Abuse

C supermax.. ada call warrant also FLY....

Posted by ganasai > 2015-12-09 11:45 | Report Abuse

take money? kikikiki only can loss money when call warrant near die. How to still take money one? teach yours, call warrant only can buy during beginning game. If not throw fast, the final destination is loss all.

Posted by firehawk > 2015-12-09 15:45 | Report Abuse

everyday drops .... drops .... drops .... drops ....

Posted by posby > 2015-12-09 16:18 | Report Abuse

grab grab grab...