yea no one can predict it can happen..eg no one can predict Asuprem which get 100M project n get suspend due to the audit report@@..i think i did mention b4 also to weijian about no one will know where is bottom other than GOD too which is same theory on the share price movement too..anyway tat would be my pleasure to share the info on time for those share which i investing or invest b4:)
To invest in this stock, one must have lots of patience and holding power. The group is so vast varieties. Today, automotive is doing well for the group. Tomorrow may be another. So there is up for one division and down for another. Most important is that there is positive growth overall and dividend continue to be declared. I think the next dividend will be at least 2 sens. Profit of RM150m from sale of BJauto shares. New business in Vietnam ( wrong timing for announcement ). There is continued business growth. As such, this is a good group of companies. Have patience is all I can say.
Poor financial result is the reason for lacklustre share price. They must dispose their own overvalued holdings like BJ Auto, 7-Eleven, etc and invest more in undervalued stocks in their group eg BJ Toto to improve financial result.
if no mistaken before listed is belong to VT himself after list might park under Bjcorp to expand the base etc (which he like n love to do most eg,Bjauto/Caring/Bjfood/Bjtoto).. so far i dont see any poor profit perform by the group so far n wat i can say still this is a manipulate share company n tats the reason for lacklustre of share price not the profit of the group (if last few years (2006-2008) when the group under restructure then i would say yes is due to the profit n co. perform).. Abuot Berjaya so far i can see Bjfood/BjMedia/BjAuto/Caring all biz perform well and aggressively so Berjaya will surely show very good profit by this final qtr so be patient budy;)
To me Continue buy back means its cheap enough for company to buy back. The value should be more. With buy back the eps will be better. My view is that the price will move north. When will this happen, nobody will know. My guess is anytime soon after selling pressure eased.
Maybank Research Highlights - 14 May 2014: BCorp: Winds bid for lottery system in Vietnam. Berjaya Corp Bhd (BCorp) has won a bid to undertake the investment, procurement, installation of equipment and operation of a computerised lottery system for Vietnam in cooperation with Vietnam Lottery Company (Vietlott) under a business cooperation contract to be entered into. (Source: Bursa Malaysia)
huh, as i have posted earlier...buy back is a regular practice over BJ's style. Skyrocket rising happened once a while if you are lucky enough...now the situation I think is testing our patience level. However, I may look into it if drop to .48......
Really drama king hahaha but I plan to enter every single new low price below 0.5~~~now waiting for my other share generate profit then I got fund to enter n follow the share buy back range:)
My take on this is the Buy back is to remove as much outstanding shares to increase the ROE before listing of 7 Eleven this Friday. This is to dupe Investors into thinking the company is doing well.High volume is selling within the Group. BJ Corp sold it shares in BJAuto last week for this exercise. Strategy to take now is HOLD/BUY. Price will soar higher in near future.
few years back when BJCORP is rm1.5, ppl said it will be rm3 in no time, when it was 1.0 ppl predicted 2.0, then it slowly slide to 0.8, 0.6 and now 0.5... predictions keep on popping out...
I can only say whoever holding BJCORP, God bless you...
no worries, as long as all sources of profits are coming into bjcorp, sure earnings increase next quarter. why disappointed if ur entry is around 50sen, die die u get 1sen dividend. almost 2% dividend yiled.
Look at Bjauto/Caring/7-11 he has a lot of fund to goreng I do believe bjcorp will be next target soon after settledown 7-11 n he really testing our patient a lot so the way to win over stingy ppl company Patient n rite entry point is very important happy investing:)
The big and strong VIPs idea is to make the smaller ones hold their shares and make them impatient. Also to kick out the speculative ones of course. Then only they will back back at lower prices and then push it up. They will thank you for holding the shares for them.
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....
ryan7642
1,998 posts
Posted by ryan7642 > 2014-05-23 17:37 | Report Abuse
yea no one can predict it can happen..eg no one can predict Asuprem which get 100M project n get suspend due to the audit report@@..i think i did mention b4 also to weijian about no one will know where is bottom other than GOD too which is same theory on the share price movement too..anyway tat would be my pleasure to share the info on time for those share which i investing or invest b4:)