BERJAYA CORPORATION BHD

KLSE (MYR): BJCORP (3395)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.375

Today's Change

-0.03 (7.41%)

Day's Change

0.365 - 0.40

Trading Volume

27,561,000


43 people like this.

45,436 comment(s). Last comment by mf 2 days ago

kahhoeng

3,926 posts

Posted by kahhoeng > 2016-07-13 10:51 | Report Abuse

nice, nice, nice...

Mikkel Low

238 posts

Posted by Mikkel Low > 2016-07-13 11:09 | Report Abuse

GOGOGO

cyphua

976 posts

Posted by cyphua > 2016-07-13 11:15 | Report Abuse

Feel good, price going up and transection not high.

Kyou

1,225 posts

Posted by Kyou > 2016-07-13 11:59 | Report Abuse

The rise of last dinosaur ....with peeling onionnnnn

satish

3 posts

Posted by satish > 2016-07-13 12:07 | Report Abuse

how much to buy

Posted by Jolin Lai Chi Pet > 2016-07-13 12:33 | Report Abuse

use all your money to buy!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

SejukSam

1,004 posts

Posted by SejukSam > 2016-07-13 12:34 | Report Abuse

and then good luck if u lose it all....aiyoyo

Posted by markkim100 > 2016-07-13 14:13 | Report Abuse

add 50 lots.

rkgfantasy

1,187 posts

Posted by rkgfantasy > 2016-07-13 14:42 | Report Abuse

seem like power not strong enough leh, when can go 0.500

kahhoeng

3,926 posts

Posted by kahhoeng > 2016-07-13 15:14 | Report Abuse

err... I am actually waiting for 0.60

cyphua

976 posts

Posted by cyphua > 2016-07-13 15:19 | Report Abuse

err... I am actually waiting for 1.20

hagar

81 posts

Posted by hagar > 2016-07-13 16:13 | Report Abuse

err.. i have been waiting for a long time..

Posted by andylee1919 > 2016-07-13 16:56 | Report Abuse

wah up up up........ non stop up up up

Kyou

1,225 posts

Posted by Kyou > 2016-07-13 17:02 | Report Abuse

.37 ...good job

mr x

589 posts

Posted by mr x > 2016-07-13 17:09 | Report Abuse

launching of vietlott happen in just 4.5 days, i will be flying over to watch this historic moment, aiyo so happy to see misai cut ribbon lol, hope to meet i3 members there with my red pants, btw is there anyone with red blouse kikikikikikikiki

hng33

19,997 posts

Posted by hng33 > 2016-07-13 17:13 | Report Abuse

YESSSSSSSSSSSSSS

latlut

302 posts

Posted by latlut > 2016-07-13 17:16 | Report Abuse

hng33. quite admire your trading skill. u can sense n act very fast..

kahhoeng

3,926 posts

Posted by kahhoeng > 2016-07-13 17:21 | Report Abuse

1.20 the better, but that's for Chinese New Year gift next year? Only target 0.60 before AGM right now, of course, the higher the better...

latlut

302 posts

Posted by latlut > 2016-07-13 17:28 | Report Abuse

well said kahhoeng. bnm reduce interest rate. so this should benefit bjcorp right. paying less interest for their debt.

angku

489 posts

Posted by angku > 2016-07-13 17:30 | Report Abuse

hope can dine on this last dinosaur

latlut

302 posts

Posted by latlut > 2016-07-13 17:34 | Report Abuse

hng33. i am not referring to bjcorp only. your other trades as well. you can quickly sense and act accordingly. good skill le!

kahhoeng

3,926 posts

Posted by kahhoeng > 2016-07-13 17:45 | Report Abuse

latlut, hng33 is the most decisive trader I have encountered here, a skill I can only hope and dream...

hng33

19,997 posts

Posted by hng33 > 2016-07-13 20:15 | Report Abuse

latlut

The sense is based on news on bjcrop to open toto outlet in vitenam alrdy release yesterday, alrdy share here need accumulate bjcrop as these catayst alrdy long awaitied and to materlize soon......today, news on BNM opr cut alrdy know in afternoon, therefore, sense is focus to trade on property stock and ride fast profit.

hng33

19,997 posts

Posted by hng33 > 2016-07-13 20:19 | Report Abuse

Kahhoeng

You are long term investor, adpot buy and hold strategy to wait for stock intrinsic value to fully or fairly reflected in its share price, but, time is needed.

Up_down

4,307 posts

Posted by Up_down > 2016-07-13 21:00 | Report Abuse

Is it BJcorp awaken or merely one day show?

paperplane2016

21,628 posts

Posted by paperplane2016 > 2016-07-13 21:18 | Report Abuse

erjaya Gia Thinh Investment (BGTI, Not Listed), 10%-owned by BST, will launch its Vietnam lottery business next week. We estimate that the net profit accretion to BST could reach MYR52.2m (16% of our FY4/18 estimate). That said, we are unsure as to when BGTI will reach steady state and contribute materially to BST. We leave our estimates, call and TP unchanged for now. We opine that the larger beneficiary is Berjaya Corporation (BC MK, Not Rated) due to its larger 41% shareholding.
Berjaya Group to launch Vietnam lottery business

BGTI will launch its Vietnam lottery business at Ho Chi Minh City on 18 Jul 2016. BGTI is 51%-owned by Berjaya Lottery Vietnam (Not Listed), which in turn is 80%-owned by BC and 20%-owned by BST. The effective shareholding of BC and BST in BGTI are 41% and 10% respectively. Stateowned Vietnam Computerized Lottery One Member (Vietlott) owns the remaining 49%-shareholding in BGTI. BGTI is expected to invest USD210.6m or MYR842m over 18 years. Refer overleaf for more details.
Huge earnings potential...

The Vietnam lottery industry is worth USD3b (MYR12b) p.a.. Assuming 10% commission rate, 65% EBITDA margin and 10% depreciation rate p.a., we estimate that BGTI can garner MYR521.9m in net profit p.a. [(MYR12b Vietnam lottery industry revenue X 10% commission X 65% EBITDA margin) – (MYR842m investment X 10% depreciation rate) – 25% corporate tax] during its’ steady state. We estimate the net profit accretion will be MYR208.7m to BC and MYR52.2m to BST.
… but more significant to Berjaya Corporation

We are positive on this development but are unsure as to when BGTI will reach steady state and thus, contribute materially to BST. Even then, BST’s 10% shareholding in BGTI will likely be recognised as an investment only. BST’s share of investment is only MYR84m (10% shareholding X MYR842m investment) or 16% of its end-FY4/16 cash balance and spread out over 18 years at that. We opine that the larger beneficiary is BC due to its larger 41% shareholding in BGTI.

Source: Maybank Research - 12 Jul 2016

paperplane2016

21,628 posts

Posted by paperplane2016 > 2016-07-13 21:32 | Report Abuse

erjaya Gia Thinh Investment (BGTI, Not Listed), 10%-owned by BST, will launch its Vietnam lottery business next week. We estimate that the net profit accretion to BST could reach MYR52.2m (16% of our FY4/18 estimate). That said, we are unsure as to when BGTI will reach steady state and contribute materially to BST. We leave our estimates, call and TP unchanged for now. We opine that the larger beneficiary is Berjaya Corporation (BC MK, Not Rated) due to its larger 41% shareholding.
Berjaya Group to launch Vietnam lottery business

BGTI will launch its Vietnam lottery business at Ho Chi Minh City on 18 Jul 2016. BGTI is 51%-owned by Berjaya Lottery Vietnam (Not Listed), which in turn is 80%-owned by BC and 20%-owned by BST. The effective shareholding of BC and BST in BGTI are 41% and 10% respectively. Stateowned Vietnam Computerized Lottery One Member (Vietlott) owns the remaining 49%-shareholding in BGTI. BGTI is expected to invest USD210.6m or MYR842m over 18 years. Refer overleaf for more details.
Huge earnings potential...

The Vietnam lottery industry is worth USD3b (MYR12b) p.a.. Assuming 10% commission rate, 65% EBITDA margin and 10% depreciation rate p.a., we estimate that BGTI can garner MYR521.9m in net profit p.a. [(MYR12b Vietnam lottery industry revenue X 10% commission X 65% EBITDA margin) – (MYR842m investment X 10% depreciation rate) – 25% corporate tax] during its’ steady state. We estimate the net profit accretion will be MYR208.7m to BC and MYR52.2m to BST.
… but more significant to Berjaya Corporation

We are positive on this development but are unsure as to when BGTI will reach steady state and thus, contribute materially to BST. Even then, BST’s 10% shareholding in BGTI will likely be recognised as an investment only. BST’s share of investment is only MYR84m (10% shareholding X MYR842m investment) or 16% of its end-FY4/16 cash balance and spread out over 18 years at that. We opine that the larger beneficiary is BC due to its larger 41% shareholding in BGTI.

Source: Maybank Research - 12 Jul 2016

paperplane2016

21,628 posts

Posted by paperplane2016 > 2016-07-13 22:09 | Report Abuse

erjaya Gia Thinh Investment (BGTI, Not Listed), 10%-owned by BST, will launch its Vietnam lottery business next week. We estimate that the net profit accretion to BST could reach MYR52.2m (16% of our FY4/18 estimate). That said, we are unsure as to when BGTI will reach steady state and contribute materially to BST. We leave our estimates, call and TP unchanged for now. We opine that the larger beneficiary is Berjaya Corporation (BC MK, Not Rated) due to its larger 41% shareholding.
Berjaya Group to launch Vietnam lottery business

BGTI will launch its Vietnam lottery business at Ho Chi Minh City on 18 Jul 2016. BGTI is 51%-owned by Berjaya Lottery Vietnam (Not Listed), which in turn is 80%-owned by BC and 20%-owned by BST. The effective shareholding of BC and BST in BGTI are 41% and 10% respectively. Stateowned Vietnam Computerized Lottery One Member (Vietlott) owns the remaining 49%-shareholding in BGTI. BGTI is expected to invest USD210.6m or MYR842m over 18 years. Refer overleaf for more details.
Huge earnings potential...

The Vietnam lottery industry is worth USD3b (MYR12b) p.a.. Assuming 10% commission rate, 65% EBITDA margin and 10% depreciation rate p.a., we estimate that BGTI can garner MYR521.9m in net profit p.a. [(MYR12b Vietnam lottery industry revenue X 10% commission X 65% EBITDA margin) – (MYR842m investment X 10% depreciation rate) – 25% corporate tax] during its’ steady state. We estimate the net profit accretion will be MYR208.7m to BC and MYR52.2m to BST.
… but more significant to Berjaya Corporation

We are positive on this development but are unsure as to when BGTI will reach steady state and thus, contribute materially to BST. Even then, BST’s 10% shareholding in BGTI will likely be recognised as an investment only. BST’s share of investment is only MYR84m (10% shareholding X MYR842m investment) or 16% of its end-FY4/16 cash balance and spread out over 18 years at that. We opine that the larger beneficiary is BC due to its larger 41% shareholding in BGTI.

Source: Maybank Research - 12 Jul 2016

yjinnvy

312 posts

Posted by yjinnvy > 2016-07-13 22:22 | Report Abuse

Still long way to go. First step is to break 100days SMA and 200days SMA at 38.5sen. Just sit and enjoy the show.

kahhoeng

3,926 posts

Posted by kahhoeng > 2016-07-14 10:08 | Report Abuse

hng33, err... that's because I don't have your decisiveness and skills? Anyway, best wishes to BJCorp's future

rkgfantasy

1,187 posts

Posted by rkgfantasy > 2016-07-14 11:38 | Report Abuse

bjcorp no energy ark... up hill no power, down hill no break...zz

titus

4,159 posts

Posted by titus > 2016-07-14 12:23 | Report Abuse

is coway still under bcorp?

Mikkel Low

238 posts

Posted by Mikkel Low > 2016-07-14 12:23 | Report Abuse

Buying power coming in....

posby

975 posts

Posted by posby > 2016-07-14 12:54 | Report Abuse

wait break 0.450...only v talk...

tt101

1,298 posts

Posted by tt101 > 2016-07-14 17:10 | Report Abuse

start count down
3 days 15 hours 50 mins

Posted by Miracle Low > 2016-07-14 17:24 | Report Abuse

sure the share price can raise on next monday? seem market digest the news and market sentiment turned to normal!

soon9913

2,720 posts

Posted by soon9913 > 2016-07-14 19:08 | Report Abuse

wait n c next week

hippo_yin

450 posts

Posted by hippo_yin > 2016-07-14 19:19 | Report Abuse

pls buy gao gao gao before next monday

titus

4,159 posts

Posted by titus > 2016-07-14 20:32 | Report Abuse

Coway korea having some bad publicity. Water refiner contained toxic compound. Not sure is this is only limited to coway korea or same model also sold in other market.

kahhoeng

3,926 posts

Posted by kahhoeng > 2016-07-14 20:36 | Report Abuse

titus, sorry, thought you meant Co'S'way, not sure about Coway though...

latlut

302 posts

Posted by latlut > 2016-07-14 20:37 | Report Abuse

coway under berjaya? not cosway?

titus

4,159 posts

Posted by titus > 2016-07-14 20:41 | Report Abuse

Ok ok. Thanks.

Mikkel Low

238 posts

Posted by Mikkel Low > 2016-07-15 09:27 | Report Abuse

Going to break 0.37 today...

hng33

19,997 posts

Posted by hng33 > 2016-07-15 09:42 | Report Abuse

Bought more Bjcrop at 36sen

tt101

1,298 posts

Posted by tt101 > 2016-07-15 10:04 | Report Abuse

sleeping beauty become old, no more charming meh?

tt101

1,298 posts

Posted by tt101 > 2016-07-15 10:14 | Report Abuse

If 200m yearly profit from Vietlott, about 0.04 per share and it should have potential up space for another 0.80. Go for it.

paperplane2016

21,628 posts

Posted by paperplane2016 > 2016-07-15 10:26 |

Post removed.Why?

paperplane2016

21,628 posts

Posted by paperplane2016 > 2016-07-15 10:27 | Report Abuse

0.04 alone EPS from Vietnam will entitled BJCorp to RM0.40.

rkgfantasy

1,187 posts

Posted by rkgfantasy > 2016-07-15 11:28 | Report Abuse

one day up 0.15, than everyday drop 0.05.... banyak sien lol, wanna see 2 day green also cant

Lewis Lee

1,651 posts

Posted by Lewis Lee > 2016-07-15 11:43 | Report Abuse

The lousiest stock investor in I3investor is Calvin Tan Eng !
Whatever stocks he recommended sure go Holland one !
Trust him you die !!

Post a Comment