I don't think BJ Corp will crash like before. In BJ Corp are many good companies today. Actually I intend to buy BJ Corp from 45 cts a little. Then average down and buy some more as it drops to 30 cts.
As the future is unknown I don't know how BJ Corp will perform. But if you can wait till next election VT will sure try to get some money to help BN. Shares might move up then if you can wait that long
so far I see that no analyst has covered this stock ever since long time ago... maybe after mazda announced good profit, analyst may come back to say bjcorp is a gem... etc.... get a initiation coverage report and blah blah blah... but bottom line, its financial is coming back. Actually if you really read its financial report, bjcorp is really earning a lot of money, but these money will have to pay to bond / loan stock holders first before its profit is shared with equity holders... profit before tax every quarter is almost 200mil... but after tax is only 15mil and etc... so where's all the money.... the money is given to debt collector, which is loan stock holders... so those loan stock holders is actually earning like 6% every year etc... it's little but with so many shares holding, it's actually alot... so once debt is all paid up, bjcorp as a corporation should have a lot of money to distribute as dividend, but whether that will happen or not is a different story. VT is kiamsiap... but at least from price at this level, its quite bottom, meaning downside is limited... speaking from amateur reading basic report...
Some people said that Target price 60sen... some said 72sen... Let do calculation... If buy call warrant will be more attractive right.... Take a longer period call warrant... CR... exercise price 53sen with 0.5 to 1... If bjcorp hit 60sen and 72sen... This counter will worth 14sen and 38sen... Current price 6.5sen... which provide more than 100% and more than 500% profit.... If buy mother share... Just will get 20% and 45% profit only.... Good Luck...
berjayalah, actually i know that we could gain bug buck on warrant.... but i scare and not dare to invest because the up/down margin is too huge. Usually about 5% to 20% and could be more than 100%
if these few days profit is sufficient, will play bjauto... haha, today selloff without volume is good entry, maybe it will do T+3 or etc... wash all contra fellas
Hi WWH I m here:) like wat I said earlier buy watever new low point eg 0.49/48/47 if buy in consistently u r ad a Big winner for 2nd session of half year I luckily I mange to grap some at 0.47 n now ad at profit lvl d:) 2nd point as mention too which same view as Calvin which World Cup coming the trading vol will be much lesser n vt will be much more easy to push the price higher n back to 0.55 n above range soon:) 3rd point for me tat the final qtr report will definitely beat last year etc (old n same reason which ppl might not accept n agree)..conclusion IPO of Bjauto/Caring/7-11 vt full of bullet beside the good perform financial report from Bjauto/7-11/Bjfood/Bjmedia etc = good perform of BJcorp:)
Yoyo ryan...... yea yea ive keep on buying to new low... my average price is at 0.480 now. Just wondering when can let go only... got a few target price from outside source... highest at 0.750... lowest at 0.60... just wondering and wanna get some info here... tq anyway ryan......
sure no problem;) anyway there are few ways u can look into it : 1) sell half of yr portion at profit lvl eg 0.57-0.6 n keep the rest as yr FD (highly likely will be much higher return than tat cos after u sold half at profit yr balance ad much more below than 0.48 range) - liquidity to change other share wf half of the portion sold , 2) you may hold till div out n after collect the div definately your breakeven lower than 0.48 as well n you still maintain the total share holding - not so liquid , 3) sell all at profit lvl n enter again if it drop below 0.5 again - very liquid
simple math eg : 1) 10k unit @ 0.48 sell 5k unit @ 0.6 = 5k unit (RM1800) =0.36 your new breakeven point;) 2) RM4800 - (10k unit x 0.01 (div)) = RM4700 = 0.47 your new breakeven with 10k unit still but at tat moment the price how it look like dunno (>0.6?>0.7?), 3) Total sell 10k Unit @ 0.6 = RM6k - RM4.8k = RM1.2k Profit (but highly unlikely will get in rm0.46-0.49 range i guess)
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....
calvintaneng
55,644 posts
Posted by calvintaneng > 2014-06-11 10:27 | Report Abuse
AhJee
I don't think BJ Corp will crash like before. In BJ Corp are many good companies today.
Actually I intend to buy BJ Corp from 45 cts a little. Then average down and buy some more as it drops to 30 cts.
As the future is unknown I don't know how BJ Corp will perform. But if you can wait till next election VT will sure try to get some money to help BN. Shares might move up then if you can wait that long