BERJAYA CORPORATION BHD

KLSE (MYR): BJCORP (3395)

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Last Price

0.36

Today's Change

-0.045 (11.11%)

Day's Change

0.355 - 0.40

Trading Volume

45,586,000


43 people like this.

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

tales029

102 posts

Posted by tales029 > 2016-06-03 14:54 | Report Abuse

what I see short term lowest price is 0,36, can enter this price

Eddysurge

2,057 posts

Posted by Eddysurge > 2016-06-03 14:54 | Report Abuse

I viewed this bjcorp stock is row by 2 sides. Management & big shark operator. Do u think who is overwhelmimg who?

iQBE189

454 posts

Posted by iQBE189 > 2016-06-03 18:38 | Report Abuse

go follow vt daughter IG can know the process liao... haha.... CNY already saw the picture

Eddysurge

2,057 posts

Posted by Eddysurge > 2016-06-03 19:55 | Report Abuse

kahoeng , buy another 25% share bjland or exchange bjcorp + interest + issue R share+ issue A + warrant = holland liao!

tt101

1,298 posts

Posted by tt101 > 2016-06-03 22:49 | Report Abuse

bolehland anything also can work.

Icon8888

18,658 posts

Posted by Icon8888 > 2016-06-04 07:52 | Report Abuse

Bjcorp Won't privatize Bjland

It needs the listing status so that can continue to borrow by margin financing

Up_down

4,307 posts

Posted by Up_down > 2016-06-06 16:45 | Report Abuse

BJcorp is still hibernating. Is it a sleeping beauty or sleeping beast?

guairan

9 posts

Posted by guairan > 2016-06-07 09:22 | Report Abuse

when BJcorp transform to bulldog...

Lewis Lee

1,651 posts

Posted by Lewis Lee > 2016-06-07 16:27 | Report Abuse

BJ Corp is a sleeping bastard !

Icon8888

18,658 posts

Posted by Icon8888 > 2016-06-08 09:08 | Report Abuse

Waking up

June is the month when Vietnam Lotto kick start

kakashit

1,472 posts

Posted by kakashit > 2016-06-08 09:52 | Report Abuse

Wao, such a big fat frog jump in i3 forum, i mean Icon's pic, lol

CaoCao

327 posts

Posted by CaoCao > 2016-06-08 10:05 | Report Abuse

kangaroo jump higher than frog leh....lol

Icon8888

18,658 posts

Posted by Icon8888 > 2016-06-08 10:12 | Report Abuse

Haha big frog

Icon8888

18,658 posts

Posted by Icon8888 > 2016-06-08 10:13 | Report Abuse

I have three lorries bjcorp

Ricky Kiat

1,356 posts

Posted by Ricky Kiat > 2016-06-08 11:39 | Report Abuse

bought some bjcorp ..follow sifu icon888..cheers...

Ricky Kiat

1,356 posts

Posted by Ricky Kiat > 2016-06-08 11:44 | Report Abuse

follow old big fat frog ...(^o^)

cyphua

976 posts

Posted by cyphua > 2016-06-08 12:01 | Report Abuse

icone8888 : three lorries is 3 million share?

Up_down

4,307 posts

Posted by Up_down > 2016-06-08 12:11 | Report Abuse

coma counter. wait for Vietnam toto and QR to wake it up.

Kyou

1,225 posts

Posted by Kyou > 2016-06-08 12:40 | Report Abuse

Lets see this coming QR...and i still hv one lorry Bjcorp...XD

Eddysurge

2,057 posts

Posted by Eddysurge > 2016-06-08 12:57 | Report Abuse

Many said they have a tons of bjcorp shares at paper loss mode. Current still at cheap sales, why?

cyphua

976 posts

Posted by cyphua > 2016-06-08 13:01 | Report Abuse

I also prepare to sell of one lorry.

tt101

1,298 posts

Posted by tt101 > 2016-06-08 13:51 | Report Abuse

I will get Mack Titan Truck to deliver :(

https://www.macktrucks.com.au/trucks/titan/

Eddysurge

2,057 posts

Posted by Eddysurge > 2016-06-08 14:09 | Report Abuse

Latest new , bjland sold bjtoto to ? , also at impairment according today sinchew daily. Bjcorp who is so stupid to buy bjland at future price!

Eddysurge

2,057 posts

Posted by Eddysurge > 2016-06-08 18:24 | Report Abuse

Can feel like fry until dance accerating? Good or bad?

Up_down

4,307 posts

Posted by Up_down > 2016-06-08 19:30 | Report Abuse

Don't go up to much tomorrow. Closing price of 37.5 cents is good enough.

kahhoeng

3,926 posts

Posted by kahhoeng > 2016-06-08 20:39 | Report Abuse

BJCorp sold all Magni Tech shares for RM 56.7 million... If I were not wrong, BJCorp and BJLand have together sold more than RM 600 million worth of shares since Jan 31, 2016.

paperplane2016

21,628 posts

Posted by paperplane2016 > 2016-06-08 21:48 | Report Abuse

Huge volumes

Up_down

4,307 posts

Posted by Up_down > 2016-06-08 21:49 | Report Abuse

Good move to get rid of investment in securities.

so far Cash received from the disposal of shares and subsidiaries:

1 Jan 16 to 30 Apr 6 - RM 991.68 million
1 May 16 until now - RM 89.75 million

kahhoeng

3,926 posts

Posted by kahhoeng > 2016-06-08 22:08 | Report Abuse

hope menara Bangkok bank's office sale will show at least another 500 million operating cash flow in quarter report to be presented end of this month :)

Up_down

4,307 posts

Posted by Up_down > 2016-06-09 09:52 | Report Abuse

Why so many punters are chasing BJcorp in the early morning? Don't scare it would laosai later?

Icon8888

18,658 posts

Posted by Icon8888 > 2016-06-09 09:52 | Report Abuse

The old man is passing the baton to his successor

The old man is famous for being able to handle huge debt, but the same might not be true for the successor

In view of the above, the priority is clear - to degear as much as possible

They have been busy selling assets to pare down loan since last year

Up_down

4,307 posts

Posted by Up_down > 2016-06-09 10:00 | Report Abuse

Too much headache to handle huge debt. The younger generation doesn't like to juggle this kind of finance. Better go for healthier working life and shareholders more happy too.

firehawk

4,782 posts

Posted by firehawk > 2016-06-09 10:35 | Report Abuse

u all never consider LD ah? i think LD is good too ..... for long term ......

yjinnvy

312 posts

Posted by yjinnvy > 2016-06-09 11:08 | Report Abuse

Overall is good for ikan bilis. If can't make good profit then just clear some debt. 不能开源就只好节流

Up_down

4,307 posts

Posted by Up_down > 2016-06-09 14:55 | Report Abuse

Why the share price shoot up by 4% today. I am waiting 30 cents to top up.

Posted by iloveshare128 > 2016-06-09 15:07 | Report Abuse

guys... see this announcement... I suppose this will cause heavy dilution to the EPS?

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5113417

BERJAYA CORPORATION BERHAD ("BCORP" OR "COMPANY")

ACQUISITIONS OF 12.00% EQUITY INTEREST IN BERJAYA LAND BERHAD FOR A TOTAL PURCHASE CONSIDERATION OF RM419.11 MILLION SATISFIED BY THE ISSUANCE OF RM353.25 MILLION NOMINAL VALUE OF IRREDEEMABLE CONVERTIBLE UNSECURED LOAN STOCKS ("NEW ICULS") TOGETHER WITH 706.50 MILLION FREE DETACHABLE WARRANTS IN BCORP ("NEW WARRANTS") AND CASH OF RM65.86 MILLION ("ACQUISITION")

firehawk

4,782 posts

Posted by firehawk > 2016-06-09 15:11 | Report Abuse

a very old news ......

Up_down

4,307 posts

Posted by Up_down > 2016-06-09 15:14 | Report Abuse

That's immaterial. VT won't convert the warrant if BJCorp price stays below RM 1.

Eddysurge

2,057 posts

Posted by Eddysurge > 2016-06-09 15:32 | Report Abuse

@ Up_down,wrong perception, can if benefit long run, after all, increase his solo possesion.

yjinnvy

312 posts

Posted by yjinnvy > 2016-06-09 15:52 | Report Abuse

(吉隆坡9日訊)成功集團(BJCORP,3395,主板貿服組)以5千671萬令吉現金,脫售所持有的美特工業(MAGNI,7087,主板消費品組)的8.43%股權。

該公司通過獨資子公司――Juara Sejati有限公司,從2016年1月13日至2016年6月7日之間,通過直接商業交易脫售上述股權,平均每股售價為4令吉13仙。

該公司在上述交易取得淨利119萬令吉。該公司所得資金,將充當公司的營運資本。(星洲網)

yjinnvy

312 posts

Posted by yjinnvy > 2016-06-09 15:55 | Report Abuse

KUALA LUMPUR: Berjaya Corp Bhd (BCorp)’s wholly-owned subsidiary, Juara Sejati Sdn Bhd, had disposed of its entire 8.43% stake, comprising 13,716,900 ordinary shares of RM1.00 each, in Magni-Tech Industries Bhd (Magni-Tech) for a cash consideration of about RM56.71 million or an average price of RM4.13 per share.

The disposal was done via direct business transactions during the period from Jan 13, 2016 to June 7, 2016. The average price of RM4.13 was at a discount of 24 sen to Magni-Tech’s closing price of RM4.37.

According to an announcement to Bursa, the cash proceeds arising from the share disposal will be utilised as working capital of the BCorp Group. Based on the BCorp Group carrying value of RM56.00 million, the share disposal resulted in a net gain of RM1.19 million, since the said carrying value has incorporated a re-measurement gain of RM29.23 million. The said gains were all recognised in the previous financial year ended April 30, 2016.

As of closing yesterday, BCorp edged up by 1.37% to 37 sen, with 10.46 million shares traded; while Magni-Tech’s share price fell by 0.68% to RM4.37, with only 69,600 shares exchanging hands.

yjinnvy

312 posts

Posted by yjinnvy > 2016-06-09 15:57 | Report Abuse

I don't think this is the reason but this is the only article I can found recently

firehawk

4,782 posts

Posted by firehawk > 2016-06-09 16:00 | Report Abuse

no play play .... buy% = 94% !

cyphua

976 posts

Posted by cyphua > 2016-06-09 16:18 | Report Abuse

End of the month quarter report will coming out. The other BJToto, BJFood, BJASSET, .... will come out next week.

tt101

1,298 posts

Posted by tt101 > 2016-06-09 16:21 | Report Abuse

another round of 杀鸡宰鸭,有得看没得吃。

Eddysurge

2,057 posts

Posted by Eddysurge > 2016-06-09 17:51 | Report Abuse

@ kahoeng, who shall refer to?

kahhoeng

3,926 posts

Posted by kahhoeng > 2016-06-09 18:05 | Report Abuse

eddysurge? I meant to ask if BJCorp trend bullish and able to break 0.40... BJLand disposing another 8 million shares of BJToto, wonder if this trend will continue?!?

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5120337

Up_down

4,307 posts

Posted by Up_down > 2016-06-09 18:34 | Report Abuse

De-gearing is still going on in BJCorp group.

BJcorp - Disposal of shares and subsidiaries:
1 Jan 16 to 30 Apr 16 - RM 991.68 million
1 May 16 until now - RM 74.41 million

BJLand - Disposal of shares:
1 May 16 until now - RM 41.09 million

Up_down

4,307 posts

Posted by Up_down > 2016-06-09 18:43 | Report Abuse

Besides disposal certain portion of BJtoto shares, better still, if BJCorp get rid of its 21% stakes in Atlan and BJAsset.

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