BERJAYA CORPORATION BHD

KLSE (MYR): BJCORP (3395)

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Last Price

0.43

Today's Change

+0.005 (1.18%)

Day's Change

0.42 - 0.44

Trading Volume

24,997,600


43 people like this.

45,434 comment(s). Last comment by Royce Chan 10 hours ago

Posted by Embrace Belief > 2017-12-28 15:50 | Report Abuse

0.35...reli will go 0.33 mie... sweat

Weida2000

246 posts

Posted by Weida2000 > 2017-12-28 16:29 | Report Abuse

Haut ar!!!!! Sell bjcor buy hengyuen!! Easy money!

tt101

1,298 posts

Posted by tt101 > 2017-12-28 16:40 | Report Abuse

Hehe, Hengyuen banyak cantik

moneykj

6,112 posts

Posted by moneykj > 2017-12-28 17:39 | Report Abuse

Holland

Posted by Mohd Fahmi Bin Jaes > 2017-12-28 17:40 |

Post removed.Why?

kahhoeng

3,926 posts

Posted by kahhoeng > 2017-12-28 17:47 | Report Abuse

well, its not 王者归来, more like another year of losses

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5650097

1 Revenue 2,185,831 2,457,510 4,384,513 4,681,918

2 Profit/(loss) before tax -153,459 408,489 -91,206 480,097

3 Profit/(loss) for the period -212,989 308,761 -218,995 266,526

4 Profit/(loss) attributable to ordinary equity holders of the parent
-145,985 176,505 -189,381 113,828

Nekosan

3,637 posts

Posted by Nekosan > 2017-12-28 17:51 | Report Abuse

calvontangeng said any price below 10 is a buy hahaha

tt101

1,298 posts

Posted by tt101 > 2017-12-28 18:03 | Report Abuse

idiot ceo, idiot bod, idiot management, pls QUIT immediately.

kahhoeng

3,926 posts

Posted by kahhoeng > 2017-12-28 18:06 | Report Abuse

Well, on the bright side, the operating cash flow is strong, generating 337 million in 6 months and its balance sheet is sitting on over 1 billion of assets to be disposed.

6 months ended
31/10/2017 31/10/2016
RM'000 RM'000

CASH FLOW FROM OPERATING ACTIVITIES

Receipts from operations 4,818,943 4,803,314
Payments for operating expenses (4,422,797) (4,599,664)
Payment of taxes (118,256) (174,965)
Other receipts (including tax refunds) 59,680 26,512
Net cash generated from operating activities 337,570 55,197

CASH FLOW FROM INVESTING ACTIVITIES

Disposal of property, plant and equipment and non-current assets 5,247 5,685
Disposal of investments in subsidiary companies - 126,121
Disposal of investments in associated companies 58,891 279,910
Disposal of other investments 30,473 45,109
Acquisition of property, plant and equipment and non-current assets (92,158) (155,604)
Acquisition of investments in subsidiary companies (10,274) (97,546)
Acquisition of investments in an associated company and a joint venture (15,775) (14,376)
Acquisition of other investments and short term investments (51,723) (5,691)
Acquisition of treasury shares by subsidiary companies - (4,666)
Interest received 36,535 52,262
Dividend received 7,452 11,271
Repayment from/(advances to) joint ventures 68,033 (118,048)
Net cash inflow from settlement for surrendering certain assets and lease interests - 127,309
Other receipts 86,407 11,260
Net cash generated from investing activities 123,108 262,996

CASH FLOW FROM FINANCING ACTIVITIES

Acquisition of treasury shares by the Company - (2,850)
Issuance of share capital to non-controlling interests of subsidiary companies 1,240 1,139
Dividends paid to non-controlling interests of subsidiary companies (48,796) (72,728)
Interest paid (180,741) (194,113)
Drawdown of bank and other borrowings 1,178,197 631,376
Repayment of bank and other borrowings (1,270,273) (1,298,555)
Net (placement)/withdrawal in banks as security pledges for borrowings (39,979) 363,532
Net cash used in financing activities (360,352) (572,199)

NET CHANGE IN CASH AND CASH EQUIVALENTS 100,326 (254,006)

freetospeak

5,883 posts

Posted by freetospeak > 2017-12-28 18:11 | Report Abuse

the loss is jus an accounting loss la..mostly due to the great mall impairment .already expected. bjland also no drop much after this news ..already can c no panic sales...dunno why they so ganjiong wanna put in to this quarter result...suspect wanna pull down bjland price further for possible privatisation...

freetospeak

5,883 posts

Posted by freetospeak > 2017-12-28 18:13 | Report Abuse

cash flow improving and paring down more debts is a good sign....

YES666

54 posts

Posted by YES666 > 2017-12-28 18:14 | Report Abuse

又是impairment?
没完没了。

davidkkw79

5,068 posts

Posted by davidkkw79 > 2017-12-28 18:17 | Report Abuse

Great loss result again ! Congrats master Holland calvintan http://www.bursamalaysia.com/market/listed-companies/company-announcements/5650097

freetospeak

5,883 posts

Posted by freetospeak > 2017-12-28 18:22 | Report Abuse

lol ..calvin sifu.....the most resiliant sifu....i support u...

Eddysurge

2,057 posts

Posted by Eddysurge > 2017-12-28 18:25 | Report Abuse

Don't know what management doing,quit better lah!

joetay

3,737 posts

Posted by joetay > 2017-12-28 18:26 | Report Abuse

@david,

the other day, tun calvin called for a sell on aemulus.

but after i questioned him whether he knew what biz aemulus is in,the article disappear.

very strange.

or m i dreaming????

jackfruit

544 posts

Posted by jackfruit > 2017-12-28 18:27 | Report Abuse

Even Huaan share price also higher than Berjaya Corp .

smartly

6,430 posts

Posted by smartly > 2017-12-28 18:32 | Report Abuse

holland....

Nekosan

3,637 posts

Posted by Nekosan > 2017-12-28 18:37 | Report Abuse

always got some skl expert come out to say the result not bad bla bla bla haha

aidwiz

356 posts

Posted by aidwiz > 2017-12-28 18:38 | Report Abuse

calvin: buy more hohohoho XD

calvintaneng

55,239 posts

Posted by calvintaneng > 2017-12-28 18:46 | Report Abuse

Why you guys so negative?
CASH POSITION HAS INCREASED!
The negative result is only a one off impairment or else it should be positive.

ITS NTA REMAINS ELEVATED AT RM1.35

SO AT 35 SEN WE ARE STILL SITTING ON NET NTA SUPLUS OF RM1.00

IF YOU ARE SHORT TERM JUST SELL AND LEAVE NOW.

WE REMAIN LONG TERM HOLDERS.

Thank You
Calvin Tan

freetospeak

5,883 posts

Posted by freetospeak > 2017-12-28 18:49 | Report Abuse

Sell 1 bukit tinngi can buy 3 henyuan already....y worry.kiki

calvintaneng

55,239 posts

Posted by calvintaneng > 2017-12-28 18:55 | Report Abuse

One more thing to consider.

Bj Corp is 35 sen with Nav of Rm1.35.

The salient factors are:

1. We buy Bj Corp at 35 sen with a Surplus NTA of Rm1.00

2. WHAT ARE THESE NET NET ASSETS OF BJ CORP?

Answer:

HIGHLY VALUABLE ASSETS IN KL BERJAYA TIMES SQUARE. BERJAYA HILL, PENANG GEORGE TOWN, JOHOR WATERFRONT CITY, OKINAWA, KYOTO HOTELS, JEJU RESORT. MANY ISLAND RESORT LANDS. BATANG BERJUNTAI LANDS AND OTHERS.

3. ALL THESE ASSETS ARE STILL SITTING ON OLD BOOK VALUE OF DECADES OLD AT ROCK BOTTOM PRICES.

4. AND BJ CORP ALSO OWN MANY RECESSION PROOF BUSINESSES.

IF THIS IS NOT VALUE THEN WHAT ELSE?

SHORT TERM UNDERPERFORMANCE IS OK AS WE ARE BUYING INTO REAL VALUE.

SO CALVIN AND BUDDIES REMAIN LONG TERM NET BUYERS OF BJ CORP

LAST TIME

1. PERAK CORP WAS 40 SEN
2. PM CORP WAS 7.5 SEN AT ITS LOWEST.

SO IF BJ CORP IS CHEAP?
WE HANTAM KUAT KUAT!!!

THAT'S IT

s_id1234

39 posts

Posted by s_id1234 > 2017-12-28 18:57 | Report Abuse

I was very worry of the loss result. But I feel comfortable now after reading your words. Thank you Calvin. You're right, we still earning the surplus nta 1.00

freetospeak

5,883 posts

Posted by freetospeak > 2017-12-28 19:00 | Report Abuse

Ask vt to buy out hy la so profitable company ...lol....sell off thise land and buy out profitable company on bursa...one by one go buy out...lol...at least got 50 billion can buy...

freetospeak

5,883 posts

Posted by freetospeak > 2017-12-28 19:01 | Report Abuse

Can easily turn 50 billion into 500 billion in a few years....if i was vt...bjcorp will be better than genting

stockraider

31,556 posts

Posted by stockraider > 2017-12-28 19:06 |

Post removed.Why?

Cockrider

33 posts

Posted by Cockrider > 2017-12-28 19:14 | Report Abuse

RAIDER BET WITH U BY...END 31-12-2017....EVERGREEN WILL BE ABOVE RM 1.OO LOH...!!

U DARE BET OR NOT ??

OVER BET WILL NOT BE SO SILLY...LIKE DISAPPEAR FROM I3...MAYBE WE START WITH A BET OF RM 100K LOH....!!

IF AGREE WE BOTH DEPOSIT RM 100K WITH THE LAWYER LOH..!! OK ??

ckc u got balls or not to bet ah ?

ngblg123

19 posts

Posted by ngblg123 > 2017-12-28 19:26 | Report Abuse

Good day to ALL.
From 1May2017 to 31 Oct 2017 : Paper loss amounting to RM203mil
Page 2. Foreign currency translation (I supposed it is unrealized exchange loss (48.777)mil
Page 9 . Provision for impairment on a portion of the balance of GMOC Project sales proceeds* (155.084)mil
Page 10.note 7A. Hence, in accordance to FRS 139 : Financial Instruments: Recognition and Measurement, GMOC has made
a provision for impairment of RMB243.51 million (equivalent to RM155.08 million) in the current quarter
under review to account for the time value of money for the full recovery of the outstanding Final Instalment.
This provision will be reversed when GMOC eventually receives the payment of the balance sales proceeds
from Beijing SkyOcean and the Guarantors.
Please correct me if I am wrong.TQ.

Page 3. Intangible assets has been reduced by RM362mil, from 30/04/17 RM5,854 to 31/10/17 RM5,492mil.
Any Bro…. Sisters… can help to explain! TQ.

stockraider

31,556 posts

Posted by stockraider > 2017-12-28 19:34 | Report Abuse

COCKRIDER,

U BET UR COCK SO MUCH...THAT U HAVE MISSED HENGYUAN MARVELLOUS RUN LOH...!!

NEVER NEVER WASTE TIME, ON BETTING UR COCK SO MUCH EVERYDAY LOH...!!
IT IS A WASTE TIME LOH...!!

USE UR TIME PROPERLY , IT IS PRECIOUS MAH...!!

kahhoeng

3,926 posts

Posted by kahhoeng > 2017-12-28 19:49 | Report Abuse

With BJCorp at 0.35 and BJLand at 0.37, I was wondering if VT looking at exercise to swap BJLand's shares into BJCorp' shares?!?

Eddysurge

2,057 posts

Posted by Eddysurge > 2017-12-28 19:50 | Report Abuse

Got hope or not? Sure got but plays you kaw kaw.

titus

4,159 posts

Posted by titus > 2017-12-28 20:19 | Report Abuse

Nta not drop meh compare this Q and last year same Q.

stock_hunt

250 posts

Posted by stock_hunt > 2017-12-28 20:32 | Report Abuse

damn, this kind of result, sure gap down tomorrow d..prepare payung terjun d

calvintaneng

55,239 posts

Posted by calvintaneng > 2017-12-28 21:01 | Report Abuse

How come so few can understand results?

IF YOU MINUS RM155 millions from CHINA GREAT MALL IMPAIRMENT THERE IS ACTUALLY A RM10 Millions profit this quarter.

CAN'T YOU GUYS READ?

calvintaneng

55,239 posts

Posted by calvintaneng > 2017-12-28 21:01 | Report Abuse

And China Great Mall debt is highly recoverable.

joetay

3,737 posts

Posted by joetay > 2017-12-28 21:05 | Report Abuse

then tun calvin, do u understand the biz of aemulus when u call for a sell on the stock????

lol..............

skyrocket

496 posts

Posted by skyrocket > 2017-12-28 21:28 | Report Abuse

collect skin=收皮?lol

skyrocket

496 posts

Posted by skyrocket > 2017-12-28 21:29 | Report Abuse

I’ll buy back at 0.33

freetospeak

5,883 posts

Posted by freetospeak > 2017-12-28 21:34 | Report Abuse

Kahheong....bjcorp bjland bjasset all price closing in...something fishy

freetospeak

5,883 posts

Posted by freetospeak > 2017-12-28 21:35 | Report Abuse

U c wat i c...

Posted by Embrace Belief > 2017-12-28 23:00 | Report Abuse

everyone, prepare for hard landing tml?? :_(

apolloang

18,163 posts

Posted by apolloang > 2017-12-28 23:05 | Report Abuse

likely 30-33cts opening

supersaiyan3

3,128 posts

Posted by supersaiyan3 > 2017-12-28 23:10 | Report Abuse

The real problem with the QR is not only about the impairment loss. The management fail to convey important messages such as the situation in Japan? How is the Jeju resort law suit going? How is Vietnam NFO venture doing? Probably all doing not well and they want to hide it.

Bloody noob shit collect skin lah!

supersaiyan3

3,128 posts

Posted by supersaiyan3 > 2017-12-28 23:10 | Report Abuse

Remark: I didn't mean Calvin. I mean Robin Tan gang.

stockraider

31,556 posts

Posted by stockraider > 2017-12-28 23:12 | Report Abuse

WHY MUST MANAGEMENT CONVEY SO MUCH INFO LEH ?

NO NEED SPOON FEED MAH....!!

U JUST GO AND DIG INFO, LIKE CALVIN DID LOH....!!

posted by supersaiyan3 > Dec 28, 2017 11:10 PM | Report Abuse

The real problem with the QR is not only about the impairment loss. The management fail to convey important messages such as the situation in Japan? How is the Jeju resort law suit going? How is Vietnam NFO venture doing? Probably all doing not well and they want to hide it.

Bloody noob shit collect skin lah!

kahhoeng

3,926 posts

Posted by kahhoeng > 2017-12-28 23:16 | Report Abuse

freetospeak, kind of agreeing with supersaiyan3, the management and board is terribly bad at disclosing the issues at hand. Guess until Jeju court case, China Great Mall debt collection, Vietnam property sale, Ritz-Carlton KL sale conditions (its a RM 1 billion project!), and Vietnam Toto breakeven forecast are clearly disclosed to shareholders, its very difficult to know where BJCorp is heading, sigh!

Until VT announcing some good news on any of the above, I have to put my BJCorp investment aside for the next 1-2 years, assuming VT's son has been honest with the Vietnam Toto's breakeven duration...

kahhoeng

3,926 posts

Posted by kahhoeng > 2017-12-28 23:17 | Report Abuse

Still trying to portray VT a 'nice guy' + philanthropist? LOL

Nekosan

3,637 posts

Posted by Nekosan > 2017-12-28 23:33 | Report Abuse

the result actually very good. will go 0.4 tomorrow

Cockrider

33 posts

Posted by Cockrider > 2017-12-28 23:41 | Report Abuse

ALSO MUCH REMEMBER YESTERDAY THE STOCK SHOW NEGATIVE EPS, TODAY AND FUTURE, IT MAY SHOW STRONG EARNINGS TOO LOH...!!

U NEED TO IDENTIFY THIS KIND OF STOCK LOH....!!

BJC IS THIS KIND OF STOCK BASED ON RAIDER RESEARCH LOH...!!

the more i read the comments from calvin and raider the more i want to puke.
HY go up because of great profit, not because it take long time to consolidate, if your company not making money like bjcorp, consolidate 1000 years also wont go up.
and the farttard calvintard, stop brag with ur drb, drb is not bjcorp, bjcorp is not drb.

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