Posted by speaking_up > 2016-03-29 19:38 | Report Abuse

Profit down 98%.
http://www.malaysiastock.biz/Latest-Announcement.aspx

Posted by Up_down > 2016-03-29 20:02 | Report Abuse

Kahheong. Net borrowing was actually reduced by RM 268 million and gearing went down 1%. It's still OK la. At least the management has done something.

Posted by tt101 > 2016-03-29 20:08 | Report Abuse

No loss means good result.

Posted by tt101 > 2016-03-29 20:11 | Report Abuse

2 more quarter need to go through before harvesting from
viet farm

Posted by kahhoeng > 2016-03-29 20:14 | Report Abuse

Up-down, my apology, you were right. I was comparing the same quarter result, and the right approach should actually to compare this quarter to the previous one.

Posted by Icon8888 > 2016-03-29 20:15 | Report Abuse

BJCorp report 1 billion profit doesn't mean it is good

If it report RM1 profit doesn't mean it is bad

Because all those earnings are mostly gain on disposals, etc

All eyes on vietnam project, which has the potential to fundamentally change the group's earning profile to something more real and sustainable

Posted by Investeye > 2016-03-29 20:18 | Report Abuse

Not my concern anymore as i disposed all at rm0.415 after know more about Berjaya Jeju Island issue although the impact is minimum. Anyway, by selling BJCorp, i still get a free breakfast tomorrow.

Posted by iQBE189 > 2016-03-29 21:54 | Report Abuse

股价本来就很弱了。还来酱差的report。明天肯定又是selling day!!! 还要等多久!!!

Posted by tt101 > 2016-03-30 09:55 | Report Abuse

90 days

Posted by tt101 > 2016-03-30 10:04 | Report Abuse

Next Important date, April 4 2016

Posted by KG1967 > 2016-03-30 10:07 | Report Abuse

sell sell sell

Posted by firehawk > 2016-03-30 10:14 | Report Abuse

bad result doesn't incur much drop :-)

Posted by tt101 > 2016-03-30 10:27 | Report Abuse

the worse result had captured in the price, if any U turn of court order, a good show will start.

Posted by tt101 > 2016-03-30 15:33 | Report Abuse

dump

Posted by tt101 > 2016-03-30 15:40 | Report Abuse

grab?

Posted by Eric Lim > 2016-03-30 15:45 | Report Abuse

Buy keep and forget

Posted by tt101 > 2016-03-30 15:51 | Report Abuse

Good

Posted by firehawk > 2016-03-31 09:20 | Report Abuse

many are talking about the Vietnam lottery project .... but behave like short term speculators ......

Posted by posby > 2016-03-31 09:38 | Report Abuse

3 quarter eps total : 4.03
p.e ratio 10x = 0.405..healthy position..

4th quarter positive 4th quarter will reflex to the price....

Posted by myview > 2016-03-31 11:24 | Report Abuse

Agreed Posby. But if PE is 15, price shoud be 60sen.

Posted by cyphua > 2016-03-31 16:06 | Report Abuse

continue keeping. seem a lot of transection not put into account yet. only selling megatec record in quarter report.

Posted by cyphua > 2016-03-31 16:07 | Report Abuse

RM0. 415 and RM0.410 have bought in. waiting below RM0.40.

Posted by cyphua > 2016-03-31 16:11 | Report Abuse

If the dividend gave RM0.01 during Dec 2016 end. One year is RM0.01/RM0
42 X 100%= 2.38%. but consider buy in July 2016. mean 2.38% X 2 =4.76%.
planning Jun end or July more more buy in.

Posted by cyphua > 2016-03-31 16:13 | Report Abuse

If up to RM0.435 above. sell off the buy in RM0.415 and RM0.410.

Posted by posby > 2016-03-31 18:57 | Report Abuse

good company p.e 10...
very good - 15 to 20..
extreme good 20 to 30...

bjcorp match the 1st valuation...

Posted by hippo_yin > 2016-03-31 21:11 | Report Abuse

bjc is goreng stock, no need see pe, wait vietnam open

Posted by tt101 > 2016-03-31 21:20 | Report Abuse

after court hearing, fvg order will bring to uptrend path without any u-turn option. Watch closely.

Posted by kahhoeng > 2016-03-31 23:34 | Report Abuse

VT seeking approval to exchange his BJLand shares with BJCorp shares, wonder if he will goreng the share before or after EGM to get support?


http://www.bursamalaysia.com/market/listed-companies/company-announcements/5045309

Type of Meeting Extraordinary General Meeting
Indicator Notice of Meeting
Description Notice of Extraordinary General Meeting.

Date of Meeting 19 Apr 2016
Time 10:00 AM
Venue Perdana Ballroom, Bukit Jalil Golf & Country Resort, Jalan Jalil Perkasa 3, Bukit Jalil, 57000 Kuala Lumpur

Date of General Meeting Record of Depositors 12 Apr 2016

Posted by paperplane2016 > 2016-03-31 23:42 | Report Abuse

Yes. Consolidating empire

Posted by cyphua > 2016-04-01 06:39 | Report Abuse

(1) Buy share need monitor basic. what is good basic. BJCorp PE<10. NTA=RM1.50. market price=RM0.42.
(2) Buy share need buy goreng. no goreng no oportunity. A lot people say this is goreng share. do you think is the price in high site?
(3) Buy share need to check the major share holder have how many share. VT direct and indirect add up more then 50%. do you think he want to play play and stupid? let it drop until people buy the rm1.9b businesses?

Posted by paperplane2016 > 2016-04-01 07:11 | Report Abuse

Cyphua smrt

Posted by speakup > 2016-04-01 07:31 | Report Abuse

VT now more interested in football than stock market

Posted by tt101 > 2016-04-01 08:52 | Report Abuse

if he control more than 50%, there is no chance at all to take over the company even price at 1 sen.

Posted by jonatlau79 > 2016-04-01 08:54 | Report Abuse

World Cup Is Coming Soon .... Vincent Cock ...

Posted by jonatlau79 > 2016-04-01 08:55 | Report Abuse

Goreng BJCORP-CZ

Posted by firehawk > 2016-04-01 10:31 | Report Abuse

Wah! 3 also seen loh .... shark slumps price!

Posted by AlwayBoom > 2016-04-01 11:52 | Report Abuse

Drop back as usual

Posted by Eddysurge > 2016-04-01 14:15 | Report Abuse

Cocky stock must acts accordingly. Otherwise u feels stupid.

Posted by Chua See How > 2016-04-01 15:42 | Report Abuse

Can some mate explain on Loan Stock? Bjcorp have about 4,150.50Mil share Currently. Additional of 353.25Mil Loan Stock meant BJcorp's stocks will increase to 4,150.50+353.25 Mil shares in the future?

Posted by Chua See How > 2016-04-01 15:43 | Report Abuse

However, the new 353.25Mil Loan Stock cost about RM1.00 per share to Vincent Tan. May i know how to explain this?

Posted by kahhoeng > 2016-04-01 17:22 | Report Abuse

BJCorp proposed to buy BJLand @ 0.70 per share, totaling RM 419.11 millions and 598.73 million shares. Given that BJLand was mostly trading between 0.68 and 0.72, I suppose the purchase price is 'fair', except that BJLand has nothing great to talk about except its BJToto ownership. Its projects in South Korea's Jeju Island China's Hebei are in terrible shape.

BJCorp proposed to purchase BJLand using (1) CASH RM 65.86 millions (2) RM 353.25 millions of 10 years 2% interests ICULS (these ICULS will eventually turn into 353.25 million BJCorp shares) should they not bought back by BJCorp. (3) 706.5 million FREE warrants that can be converted into BJCorp shares with RM 1 per share.

The ICULS will increase interest cost of RM 7.065 millions per year to BJCorp. Meanwhile, 706.5 million FREE warrants basically has 0 value unless BJCorp share price crosses RM 1.

If one believe that Vietnam toto to value-add significantly to BJCorp and will result in BJCorp share price to worth more than RM 1, then the deal is not that great, given that the deal assumes BJCorp is worth RM 1 per share while BJLand RM 0.70 per share. However, if one believe the sale of China project and settlement of Jeju project will drive BJLand in profitable position in the near future, the exchange shall offer value enhancement to BJCorp shareholders.

Personally, the deal is at best neutral and only because VT is trying to consolidate his ownership and nothing to do with us (neither does he care...)

* Just my personal opinion.

Posted by myview > 2016-04-01 19:32 | Report Abuse

Why is BJcorp buying some more BJLands shares? What are the benefits? How does this deal benefit the current shareholders?

Posted by rkgfantasy > 2016-04-01 19:44 | Report Abuse

I hope what VT do is to consolidate BJCorp, seperate too much listed company, it make all those renevue not interesting as 1 big group... anyway, this BJCorp make me lost near to 10% margin lol

Posted by firehawk > 2016-04-01 23:55 | Report Abuse

Chua See How Can some mate explain on Loan Stock? Bjcorp have about 4,150.50Mil share Currently. Additional of 353.25Mil Loan Stock meant BJcorp's stocks will increase to 4,150.50+353.25 Mil shares in the future?

you are right!

Chua See How However, the new 353.25Mil Loan Stock cost about RM1.00 per share to Vincent Tan. May i know how to explain this?

these loan stock will finally become BJCorp shares.

Posted by ganasai > 2016-04-02 12:24 | Report Abuse

meaningless buying 12% from loss-maker company. Now need to issue new loan stock and new warrant. This will sure increase the company share size. People increase but cake smaller. What company can benefit from this 12%? Drop 0.015 already reflect people dissatisfied with this excercise. throw first before get diluted.

Posted by ganasai > 2016-04-02 12:34 | Report Abuse

even got new warrant, i think no people willing to subscribe/buy in this new loan stock with price 1, except old fox support lah. share price now 0.39, another ld also just 0.60. For me, i wont subscribe.

Posted by paperplane2016 > 2016-04-02 22:52 | Report Abuse

They purposely. Now secure Vietnam biz, can right issues more to dilute as profit will goes up also future

Posted by posby > 2016-04-03 21:05 | Report Abuse

healthy ... stil hovering between 50mva n 200mva... 50mva crosses 200sma...

Posted by tt101 > 2016-04-04 09:19 | Report Abuse

the issuance of warrant and ICUL is a payment from BjCorp to VT & Penta for 12% BjLand Shares acquisition.
Nothing to do with shareholders.

What shareholders need to do is approve or not with this proposal?

Posted by tt101 > 2016-04-04 09:20 | Report Abuse

Y dispose off BjLand and choose BjCorp?