Hi Calvin, really amazed at your analysis. Very detail and forward looking as well. I agree that BJcorp has the potential, but something still bothers me about it realising its full value. Have you got any chance to study its complex shareholding? Insider VT and VT related companies hold so many shares, i'm worried that before the stock moves to its full valuation, they will already privatise without letting shareholders like us to enjoy the ride up. Do you know if you have any idea how that scenario can or cannot happen? Or perhaps your sifu can advise? I remembered when I held glenealy plantations last time, although it has further value, but insider privatise them halfway....
As Value Investors Our Greatest Worry is Company Taking Undervalued Shares Private. When Harrison Plantation was RM1.40 The Indonesian Bosses Offered to Take it private. This was ridiculous. Then one Peter Guy from USA bought and bought until his shares crossed 10% to prevent mandatory takeover. He saved the day for all of us. Harrison later doubled in price to RM3.00 and stayed strong since then.
Calvin, i know cases have happened b4 eg HLFG, we have one Dr Yu. But just not sure if any fund has taken a position with bjcorp to prevent this happening. Right now we just hope some funds are taking a position. But VT is no small fry
Actually why im so concerned, bcoz this has to do with asset allocation, undervalued stock takes long time to realise and u dont want to put all eggs in it only to be taken private. We as small investors lose the time.
i had checked with the local research houses and no one is calling for bjcorp. They said no reason call for revaluation. Instead , should sell as the coming quarter also in red. They divested the land just to show black.
What ever positive comments mentioned on this stock, it didn't reward its retail shareholders in terms of dividend or share price increase. Current price level is a embarrassment to say the least.
Calvin, boleh naik but takes many,many, and many years. I went to a share market seminar 3 years ago, they recommended this counter, saying that COULDN'T BE WORSE BUT FLAT. true, flat saja. Sleepy -as fixed deposit but higher risk.
Now, MISAI VT has bought as much as he wanted [like OSK OLH], time to SHOUT big project coming....ice-cream...ice-cream mari, mari beli so that he can sell batch by batch. calvin, let me ask you a question: if you neighbour is eating BIG FEAST if you are not invited to join them [neighbour is yelling value-undervalue abolone blah..]does this act benefit you? It's none of your business unless you share his wealth or join in makan right?!
BJCORP IS NOT MAKING MONEY, VT & HIS CRONIES ONLY TAKE CARE THEIR POSITION AND YET YOU ALL ARE PURSUING LIKE MAD DOGS! CAN YOU TELL WHEN THE JEJU CASINO PROJECT IS GOING TO BE FINALISED? YOU DON'T KNOW!
STEVEN, SUPPORT YOUR STATEMENT OR PREDICTION : 'BJCorp worth at least RM0.84'BILA? MACAM MANA? BILA AGAIN? INSANE MIND PREDICTIN -LAMA, LAMA LAGI JADI ABU...
AIYO... SOME MANY UNDERVALUED COUNTERSSSSS, WHY BJCORP? I SUBSCRIBED BJAUTO...IN 2013, SUBCRIBED BJRETAIL IN 2011 ERM GOOD MONEY,BUT BJCORP IS JUST LOUUUUUSY!
I KEEP BJCORP UNTIL NOW THOUGH SHARE PRICE ISNT MOVING BCOS I GET SOME DIVIDEND AND PRIVILEDGE TO SUBSCRIBE BJ IPO, OK? BUT BJCORP, THE MOTHER IS FEEDING TOO MANY CHILDREN, JUST AN INCUBATOR FOR OTHER BUSINESS!
STEVEN, YOU HAVE GOT NO, NO CHANCE TO SUBSCRIBE TO BJAUTO AND BJREAIL ALLOTED SHARES RIGHT? BCOS YUO WERE JUST IN PRIMARY OR KINDERGARTEN THAT TIME, FAR TOOO YOUNG, HELLO!
Hello Berry, me institutional investors ok, we don't need to buy, people come to us bagging us to buy, lick our leg like slave. They need our money to earn commissions
IF YOU ARE TRAPPED, 20,000 UNITS ONLY, LESS THAN 10K, NOTHING TO SHOUT ABOUT. JUST LEAVE IT THERELAH. IF YOU ARE TRAPPED YOU STILL BUY AND BUY AND BUY, YES, CONFIRMED YOU HAVE NO TOMORROW. DIGGING YOUR OWN GRAVE... SO MANY COUNTERSSSS TO SEEK $$
The lesson is not to kena trap in first place. If drop more than 15% cut loss mah, You never learn, so kena trap long long time and money can be used to earn back in other shares also you sudah miss! Good luck you noob investors. After so many year, what 2005? And you still never learn. No wonder you are loser
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....
carson8
589 posts
Posted by carson8 > 2014-08-24 12:37 | Report Abuse
so fantastic misai asset , if only he revised all here are millionaire, with insiders buying revision might be on the way