this stock is a good buy because we can foresee the moving average pattern which is up and down. It may drop till 0.47 but it will goes up again to 0.550...it could take time from 1 to 3 months...just a matter of patient. Investment is all about patient or holding power.
if want to earn money with this type of counter, either just cut loss and search for others or wait until the counter become 'crazy' move, from the NTA it worth more than RM1.50, par value at RM1, over past 2 years, the company also profitable. It is no reasons the price can getting lower for a long time.
leec70,Good Comment......just waiting the time only,its may run up effective with end of May'14 and continues to year end of 2014.........wait and seelah......already 2 years waiting.. why cannot wait for another few week or few month.........be patient.
Anson938, Why do you think end of May is the time it will start running? I agree, it is planning for a run, but still can't figure why end May? Why not after June, July Aug or end of year etc... ?
A lot of good news might announce after 7-Eleven listing on 30 May 2014 following by special dividend,Casino In Johore,U-mobile......Somemore its have another financial report to be announce by next month during the end of June 2014.
Re: Anson938, financially they are back earning more than previous year, but how do you know it will have a special dividend? The last very special dividend was announced in 2010, which is dividend in specie... Casion in Johor? You sure this will be materialised? U-mobile is owned by VT but not Bjcorp, so it's really unrelated... although I think BJauto would be in a better position to contribute more earnings to Bjcorp... but still quite puzzled why June... but yes, looking at its price now, it is building its base strongly... but just don't know how long more it will take... hope your assumption comes true for June...
it's hard to find a business in cheap price that its NTA is 2.5 times more than its current share price, and it generates earnings every year, though it's not so much, but u are much guaranteed to preserve ur capital even business is not good considering its asset worth that amount of money if sold out.
high NTA can be used as a tool to push up the share easily, bjcorp can just dispose some of its asset (may be one by one), to generate cash for its shareholder, while at the same time its businesses still making money to lure more investors into its shares. up or down of the share just in the hands of the management. I bought to wait for the management push up the share price.. haha
perhaps, their most notable assets is land.if there are big chunk of land disposal, then the company can have one time big gain.
on the side note, bjcorp has very high debt, around rm3b as of 4Q13. this is pale compare to their net income of rm75m. so, if there is asset disposal, money will be used to pay up debt first.
yup, it's in high debt position, if look from another angle, PE, its pe at abt 18 is acceptable for a big corporation, and the reason I bought was that I noticed that it'd been 3 consecutive quarters performed better than last financial year, this may due to global outlook had been on a more positive side, and it may continues this better earnings trend, as it got various businesses over the globe.
Buyback seems quite a common practise of BJ style (BJcorp and BJtoto) as well acquisition by tan sri D' S Vincent Tan. Hardly push the price to high level. Hope this time will do. hah.
buy...buy...buy 7-11 listed soon, the football listed soon, right share issue soon. i don;t see any problem this share not up.... just in 0.49 .........huat soon........
unexpected rising is happened once a while...but if not exit on time....stuck and be a long shareholder....by the way...ppl always do have a choice. You are the one to decide your destiny and to build your own fortune...
profit but got dividen? if no then wait to sell, profit is profit, loss is loss , only profit can win, your money your pocket, they buy back we buy too, price up we sell, no dividen also never mind, up...up....up... coming school holiday money is free for travel + hotel + ........song ah,,,, huat ah......
ryan7642 only last Tuesday you said no more .49-.50 range before the small lived bull run of BJCorp. Now VT and the company also doing a buy back. can we trust your words anymore?
ryan7624 you would have been "right" if not for the anti-China sentiments in Vietnam. But no one can predict the movement of a share other than GOD. Anyway appreciate your input from bursa malaysia because sometimes we may have missed information. Speculating alone does not help. Have a nice day ;)
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
WWH33
285 posts
Posted by WWH33 > 2014-05-16 15:39 | Report Abuse
Fuiyoh!!!!!! Pressing down like crazy man!!!