That's a very good review on this stock. However, how do you explain the fall in price from RM 1.00 2 years ago to a mere RM0.50 recently? The dividend paid is a stingy 1% of par value per annum? Money better off placed in a FD compared to investing in this stock.
This stock has not brought any value to long term investors thus far except for skilled short term traders or scalpers.
A disappointing stock to say the least.....my 2 cents.
Re: Calvin, everyone who lives in Bukit Tinggi, knows that BJ VT has pocketed close to a billion by cutting down the trees on the land he owned... he made his money thru logging first. So the cost to build watever the french village is just peanuts... from short term perspective, Berjaya is poised to move up... after it breaks the triangle formation.
Good Morning Ninja, Iamnewbie, Dragonking, Wiki123 & All Here In BJ Corp Forum Site,
You Are Now At The Most Valuable Stock in The Whole of KLSE
YES! YOU ARE NOW IN "THE BERKSHIRE HATHAWAY" Of Malaysia. I first took notice of BERKSHIRE HATHAWAY In Year 1993 - I Think It Was Around US$70,000 Then.
After This Round of Irrational Exuberance Many Shares Which Are "Hot Air Balloons" Will Crash Back To Earth! Many will suffer losses. But Since BJ Corp Is So Undervalued Its Downside Is Fully Cushioned BUT ITS UPSIDE IS IMMENSE!
I First Bought BJ Corp at 12.5 cents in Year 2006. And I had with terrible reception or opposition rather, everywhere I went. Against All Odds My BJ Corp Finally Crossed RM1.50
Up a 1,000% by Next Year! Bought 12.5 cents - Sold All The Way To RM1.50 & Got Out Completely Above RM1.50!
Peter Lynch of Magellan Fund Owned 2,000 over Stocks in his portfolio. For some he bought and sold 3 to 4 times.
Why Calvin Tan Call For A Buy On BJ Corp Now And Not At 12.5 Cents Again?
I don't think BJ Corp will ever fall back to 12.5 cents. When BJ Corp broke the 50 cents Barrier - 3 Powerful Forces Were Triggered & Set in Motion
1) Company Share Buy Back by the Millions
2) Vincent Tan Used His Own Personal Monies To Buy - Also By The Millions
3) One Lady Director Buying BJ Corp Iculs Relentless! Ha! This is where Calvin smell something brewing. Why buy ICuls since it is so out of money? UNLESS THEY "SEE" SOMETHING WE DON'T?
And To Confirm The Trend - They Even Convert Underwater ICULS To BJ CORP Mother Share!!
To Do So Means THEY EXPECT BJ CORP PRICE TO EXCEL!
But This Is Not The Reason For Calvin To Turn Bullish.
WHAT IS THE SECRET THEN THAT CALVIN DISCOVERED?
To Be Continued.....
CALVIN TAN RESEARCH WILL REVEAL SOON
Please Stay Tuned....
And Hold Tight Your BJ Corp Share For A Rocket Ride up Up UP!
Ha! Critics & doubters say, "BJ Corp has RM4 Billions Debt". And VT is conman mah? Cannot touch his counter lah!
There were plenty of critics in Year 2006 when BJ Corp was 12.5 cents. Oh How They Missed The 1,000% Fortune!
Don't You Miss This Round If You Happen To Read This!!
What is RM4 Billions Debt?
Berjaya Hills is valued at RM1.45. This is Maths. Maths is Certainty. No Guess work here. Open your eyes! What if it is revalued at RM50 psf (See Calvin is conservative - I didn't chose RM250 psf)
RM50 divided by RM1.45 would be a 3400% Jump In Value
So Multiply Berjaya hills RM866,587,000 by 34 = RM29,463,958,000
WOW! WOW! WOW!
DID YOU SEE CORRECTLY OR YOUR EYES ARE PLAYING TRICKS?
A WHOPPING RM29.463 BILLION!
Just One Piece of asset is MORE THAN ENOUGH TO WIPE OFF ALL BJ CORP DEBTS (RM4 BILLIONS?)
AND EXTRA COLOSSAL SURPLUS CASH OF RM25 BILLIONS!
BJ CORP IS CASH RICH!
YOU ARE ALL VERY VERY RICH.
CAN YOU NOT SEE?
YOUR EUREKA! MOMENT!
WARREN BUFFET ALWAYS SEE HIS "EUREKA" MOMENT AND ALWAYS REPEAT
"I KNOW I WILL RE RICH"
YES! RICH BEYOND HIS WILDEST DREAM!
BUT WAIT A MINUTE!
BERJAYA HILLS IS ONLY THE TIP OF THE ICEBERG COMPARED TO THE IMMENSE ASSETS & TOTAL WEALTH OF BJ CORP
BJ CORP = BIGGEST JUMBO CORP
OR BEST JOYFUL CORP?
OR "BEST JUMPING COUNTER" SOON?
So many with myopic eyesight looked at Brem, KSeng, Daiman, CHHB and say they have undervalued assets. They only looked at molehills BUT DIDN"T SEE MT EVEREST OF MALAYSIA.
Ha! So many "Experts" Focusing on these molehills all the time. THE WEALTH OF BJ CORP HAS TOTALLY BEEN OVERLOOKED UNTIL NOW.
WAIT FOR THE FINAL EXPLOSIVE NEWS RELEASE WHICH VINCENT TAN HOPE TO PROPEL HIS BJ CORP OVER RM2.50!
By Calvin Tan Research
So stay tuned...
Going to Booming Iskandar Now. BJ Corp's secret is only 5 minutes from Singapore.
re: Calvin, Actually nobody doubt your analysis or research or knowhow... just want to know if he wants to play the news b4 this quarter result (end of Sept) or the next quarter which is end of Dec. Why I say this is becoz if he chooses this quarter to play something, then the stock price shall head to 0.7 by Sept, else when S&P tops out in Sept/Oct, most stocks will go sleeping until nov back up again.... then he may choose to play only starting end of this year...
Stale Bulls of Long Years Ago Must First Be Cleared. Since Free Float is Huge It Might take some time to clear all. It took several months for VT to bring BJ Corp price up from 9 cents to 50 cents. When BJ Corp crossed 50 cents in year 2006/2007 VT roped in Goldman Sachs to Buy Up BJ Corp shares To Over RM1.00!
tt101,
VT is Dr. Mahathir & UMNO Strong Supporter - Renewing Lease of Bkt Tinggi lands no problem at all.
It doesn't matter if BJ Corp fluctuates from day to day. The Trend Now Will Be Upward!
This Calvin Tan sounds like a SI FU nowadays ! I think he has learned his lessons well, who didn't ? So better support him then go against his advice ?
calvintan sound to me is like re-contributing back to society where he learn his trade. It is a very good deed. You will earn your merit and good karma will be double or more back to you.
Back to year 2010, the bj corp price reach 1.6x because obtained a foot ball gaming licence and licence fee had been paid to treasury. The big boss, VT also had make the announcement. Later somehow the government deny it. If say VT have strong support from the politicians, how come a pull back happened. As a tycoon, wording come out from his mouth must be true or else who want to believe him in future. Of course I know this is not his fault as he was a political victim. Back to the land value, the value determination can't take in as somebody say or i heard, i guess,.... We must always bear in mind that leasehold still is a leasehold, whenever mature, the land utilization is no longer must yours. You are only allow to use it for specify purpose for a particular time frame. If Pahang state government say No, means the land must return to the state government. Law still is a law. As Lee Kuan Yew said in his view of Iskandar investment : we are putting investments on Malaysian soil. “And at the stroke of a pen, they can take it over..." So the value could be infinity and also could be nil.
As for Calvin Tan, he got his point... and for tt101, he got his point too... i dun see any reason for debating as in the share market, is willing to buy willing to sell basis... as for bjcorp, as most of us know, asset rich and a very influence person... is just a matter of time for it to go up... my point of view here is simple... as everyone can see, all the subsideries of bjcorp is going up, mother share stay low... why? Cause dividend is coming... price up pay more dividend... now stay low, after declared than only push up and all the subsideries will stay quiet... just my 2 cents thought...... peace!!!
I am sharing my view point and do not have intention to contradict with Calvin Tan. In fact I like the way he present. I just don't want to repeat my mistake that putting my hard earn money in a losing counter. If my wording put you think different way, I take it back.
I read the active blog on Bgroup here so couldn't resist checking out whats up. Remember if Bgroup counters moves we are usually near the end of the Bull run. Don't believe me check it out yourself. Of course you can make money from VT stocks but then again let see if you can out play him. For old players like me I play his counter numerous times and yes usually near the end of a bull run where making money is easy like taking candy from a baby. I just wish to remind my fellow punters there is thousand of stock in the market only about 10 to 20% are of good quality. Stay away from known conmen ,cronies and GLC companies if possible. Famous companies own by people like Bukan kari, VT, OAK, Halima,ramli bugger you are playing in the tiger den naked hahahaaa... All this people hold assets and license on their master behalf ( you know who lah no need to say ) the holding companies carries the debt and legality as needed. Yes VT companies own huge tracts of land in KL selangor worth billions and hold every damm lincense you can imagine. I check them out more than10 years ago and most of them are bought at lelong price from gov but there is no development done just held and sold off to .... .Look at DRB high Con, Asstrow and more. All this companies will make enough to not make it into PN17 or make shareholder angry but they will never make huge profit with all the license and contract from the Gov. All this are Milk Cow lah screwed from the BACK every day... Stay away from stock with huge volume as this is the time when the tiger come out to play sorry to prey hehehe......DO your homework and if you don't understand or it sound too good to be true stay away. Anyway enjoy the party while it last and only count you winning after the party is over which it will. Sorry to be so harsh This is the least I could contribute here once in a while as I benefitted greatly from all the discussion as well as tips given good or bad in i3investor.
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....
ninja
47 posts
Posted by ninja > 2014-08-19 06:56 | Report Abuse
Hi Calvintaneng,
That's a very good review on this stock. However, how do you explain the fall in price from RM 1.00 2 years ago to a mere RM0.50 recently? The dividend paid is a stingy 1% of par value per annum? Money better off placed in a FD compared to investing in this stock.
This stock has not brought any value to long term investors thus far except for skilled short term traders or scalpers.
A disappointing stock to say the least.....my 2 cents.