Posted by tw01 > 2018-06-27 13:58 | Report Abuse

what is the big news on 8th August ? Wow

Posted by gangnam > 2018-06-27 15:10 | Report Abuse

Lol...that's why Vt treat it as a football game?
"As halftime is exactly 45 minutes each and not a minute faster or slower.. after that it's showtime.."

Posted by bahai4453 > 2018-06-27 15:13 | Report Abuse

V Tan announcement :
資匯 The busy weekly

# 成功集团创办人陈志远宣布卖掉刚买进1个月的T7全球(T7GLOBAL，7228)股份，以摆脱被指涉及朋党之嫌。

他今日罕见的以个人名义发表文告，除了宣布卖掉T7全球股份之外，亦否认社交媒体指他成立一家名为Bitcoin Formula的金融新创公司；以及损献5亿2500万令吉给政府发起的希望基金 #
Will V Tan did all the above for his own benefit or accounted for BJcorp ???

Posted by bahai4453 > 2018-06-27 16:33 | Report Abuse

The share price never indicate BJCorp going to make a profit in coming qtr result.

Posted by DkNY > 2018-06-27 16:55 | Report Abuse

makahai....还是那么臭

Posted by Paulnga > 2018-06-27 16:57 | Report Abuse

Magical accounting again?

Posted by freetospeak > 2018-06-27 17:00 | Report Abuse

wow..i saw 1140 order removed from buy n sell order together...lol...wat a lucky number

Posted by kahhoeng > 2018-06-27 17:43 | Report Abuse

Err... a quarterly loss of 76.4 million and yearly loss of 189.5 million for BJLand FY 2018

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

1 Revenue
1,585,027 1,676,859 6,365,275 6,371,366

2 Profit/(loss) before tax
-19,394 111,121 71,112 576,321

3 Profit/(loss) for the period
-76,486 72,201 -123,626 411,221

4 Profit/(loss) attributable to ordinary equity holders of the parent
-92,148 88,573 -189,525 294,738

5 Basic earnings/(loss) per share (Subunit)
-1.85 1.78 -3.80 5.91

Posted by yjinnvy > 2018-06-27 18:13 | Report Abuse

It is sure another loss quarter for Bjcorp again.

Posted by loonginv > 2018-06-27 19:05 | Report Abuse

welcome on board.......

Posted by kahhoeng > 2018-06-27 19:26 | Report Abuse

well, at least BJLand is expecting a better next year from the Vietnam project disposal and removal of GST...

http://www.theedgemarkets.com/article/berjaya-land-ends-fy18-red-forex-rates-sports-toto-drag

For the full year, Berjaya Land fell into the red with a net loss of RM189.53 million, versus a net profit of RM294.74 million in FY17, though revenue only fell marginally to RM6.365 billion from RM6.371 billion.

“In spite of the comparable revenue, the group registered a significantly lower pre-tax profit for the current year under review, mainly due to impairment made on certain available-for-sale investments, assets held for sale and property, plant and equipment amounting to approximately RM223.8 million,” said the group.

There was also a lower share of profits from its associated companies. It noted Berjaya Kyoto Development (S) Pte Ltd sold lower number of units at its Four Season Residences during the year.

In addition, Berjaya Land had also recognised a one-off gain in FY17 on settlement for surrendering certain assets and lease interest by a subsidiary to the relevant authorities, which amounted to RM184.6 million.

Going forward, the group expects the interim tax holiday following the zero rating of the goods and services tax (GST) to augur well for the group, especially its hotels and resorts business, though it expects the property market to remain lukewarm.

The group also expects to record a significant gain upon the successful disposal of Berjaya Vietnam International University Town One Member Limited Liability Company (BVIUT), and another Vietnam subsidiary, in due course.

At market close today, shares in Berjaya Land slipped one sen to settle at 29 sen, valuing the group at RM1.5 billion.

Posted by gangnam > 2018-06-27 19:48 | Report Abuse

Lol...if u observe carefully..most of the so called "losses" were due provisions for impairment for assets/ quoted equity/ reversal of impairment of gaming rights.. which can be reversed in subsequent quarters "hence the so called Magic Accounting" practised by Vt?

For BJcorp the profit treatment may be different, as BJcorp sold an 85% stake in DSG Holdings Ltd, comprising 8.5 million shares, for RM265.99mil in cash and expected a RM108.29mil pre-tax gain to be recognised in this coming quarter (as DSG disposal has been completed on 25 June 2018)
http://www.malaysiastock.biz/Company-Announcement.aspx?id=1067955
https://www.thestar.com.my/business/business-news/2018/03/07/berjaya-corp-sells-entire-dsg-stake-for-rm266mil/
https://klse.i3investor.com/servlets/staticfile/332837.jsp

Refer A3, provision of impairment on assets held for sale of RM60,345,000 (which can be reversed in subsequent quarters), B5 - (Loss)/Profit before tax is stated after charging Impairment of available-for-sale of quoted equity investments RM16,850,000; Impairment loss on assets held for sale RM30,246,000 ; Impairment of property, plant and equipment RM11,818,000 , Note B6 - Taxation charges of RM57,092,000 (The disproportionate tax charge of the Group for the financial quarter and year ended 30 April 2018 was mainly due to certain expenses being disallowed for tax purposes, the non-availability of the Group tax relief in respect of losses incurred by certain subsidiary companies and the resultant additional deferred tax arising from the reversal of impairment of gaming rights.

RM'000
Revenue 1,585,02
Net Operating Expenses (1,508,711)
Profit from Operations, *Note A3 76,316

* Note A3 - Investment related (expenses)/income (44,218)
Share of results from associated companies (4,982)
Share of results from joint ventures (624)
Finance costs (45,886)

* Note B5 (Loss)/Profit Before Tax (19,394)
* Note B6 Taxation (57,092)

(Loss)/Profit Net of Tax (76,486)

Attributable To:
- Owners of the parent (92,148)
- Non-controlling interests 15,662

Posted by gangnam > 2018-06-27 19:51 | Report Abuse

*Note A3 - Investment related (expenses)/income (60,345)
Due to:
Fair value changes through profit or loss investments (851)
Impairment of available-for-sale of quoted equity investments (16,850)
Impairment in value of an associated company (277)
Impairment loss on assets held for sale (30,246)
Impairment of property, plant and equipment (11,818)
Gain/(Loss) on partial disposal of interest in an associated company 27
Gain on disposal of interest in a subsidiary company -
Gain/(Loss) on disposal of quoted investments 757
Provision for impairment on balance of GMOC Project
sales proceeds * -
Fair value changes of investment properties (108)
Others (979)

* Note B5 - (Loss)/Profit before tax is stated after charging/(crediting):
Interest income (15,512)
Dividend income (615)
Other income excluding dividend and interest income (9,666)
Depreciation of property, plant and equipment 24,182
Gain on disposal of property, plant and equipment (529)
Gain on disposal of interest in a subsidiary company -
Amortisation of intangible assets 6,121
Impairment loss on receivables -
Provision for and write off of inventories 296
Net foreign exchange loss 28,915
Impairment of available-for-sale of quoted equity investments 16,850
Fair value changes of fair value through profit or loss investments 851
(Gain)/Loss on disposal of quoted investments (757)
(Gain)/Loss on partial disposal of interest in an associated company (27)
Impairment loss on assets held for sale 30,246
Impairment of property, plant and equipment 11,818
Provision for impairment on balance of GMOC Project sales proceeds * -
Gain or loss on derivatives -

* Note B6 - The taxation charges of RM57,092 were detailed as follows:
Malaysian income tax 20,367
Foreign tax 9,265
Underprovision in prior years 3,938
Deferred taxation 23,522

The disproportionate tax charge of the Group for the financial quarter and year ended 30 April 2018 was
mainly due to certain expenses being disallowed for tax purposes, the non-availability of the Group tax relief
in respect of losses incurred by certain subsidiary companies and the resultant additional deferred tax arising
from the reversal of impairment of gaming rights.

Posted by freetospeak > 2018-06-27 20:30 | Report Abuse

Dun worry this is the last qtr under najib rule...so expected to be bad...thee coming qtr under pm will be good....

Posted by gangnam > 2018-06-27 20:31 | Report Abuse

Lol...actually whether BJcorp profit up or down...doesn't affect the share price as almost rock bottom..since there are still buyers..just buy low and hide behind Vt..and wait for his friend to make announcements..since of late..Vt likes to make a lot of press releases?

'Mahathir had also categorically denied claims that his government decided against scrapping the ECRL because “his friend Vincent Tan” held a stake in it'
https://www.malaysiakini.com/news/431565

Posted by StarDucksKopi > 2018-06-27 23:19 | Report Abuse

So wat you guys think for tomorrow? Limit up or limit down???

Posted by gangnam > 2018-06-27 23:57 | Report Abuse

Lol.. that's a good one..but don't really have to open a new account just to comment..actually BJland ends FY18 in the red as forex rates, Sports Toto drag..

"Berjaya Land said it made lower operating profit during the quarter due to unfavourable foreign exchange translation effect as a result of the stronger ringgit (when it was 1 USD = 3.8722 MYR in for the qtr. Feb. - April) , besides higher prize payout that impacted profit contribution from Sports Toto Malaysia Sdn Bhd"

Next Qtr. results will be better as RM has become weaker again to 1 USD = 4.0240 MYR, a big difference of RM0.1518 which will lead to a big gain in profits..as most of the money coming back from China & Vietnam property sales is when RM is weak..also it's not everyday BJtoto pays a higher prize payout..otherwise everybody will buy lottery instead of play shares..

also there is a provision for impairment of RM223.80 million can be reversed in subsequent Qtrs..which may have nothing to do with BJcorp..considering that BJcorp sold an 85% stake in DSG Holdings Ltd, comprising 8.5 million shares, for RM265.99mil in cash and expected a RM108.29mil pre-tax gain to be recognised in this coming quarter (as DSG disposal has been completed on 25 June 2018)

“In spite of the comparable revenue, the group registered a significantly lower pre-tax profit for the current year under review, mainly due to impairment made on certain available-for-sale investments, assets held for sale and property, plant and equipment amounting to approximately RM223.8 million,”
http://www.theedgemarkets.com/article/berjaya-land-ends-fy18-red-forex-rates-sports-toto-drag
https://www.poundsterlinglive.com/best-exchange-rates/us-dollar-to-malaysian-ringgit-exchange-rate-on-2018-04-04

Posted by leek > 2018-06-28 04:04 | Report Abuse

SAPU!!! =D

Posted by leek > 2018-06-28 08:10 | Report Abuse

SELL SELL SELL!!! LIMIT DOWN!!! =D

Posted by leek > 2018-06-28 08:12 | Report Abuse

NOW I ONLY CALL SELL... OK? HEHE

Posted by calvintaneng > 2018-06-28 09:01 | Report Abuse

NO.

TSVT GOING TO SPRING SOME SURPRISES.

SEE HOW LEE KIM YEW GOING TO BUILD A CAR CITY OVER RM1 BILLIONS IN MINES WONDERLAND?

DO YOU KNOW WHO IS BEHIND LKY(MALAYSIA) CAR CITY VENTURE?

AND WHO ACTUALLY OWNS BJ CORP?

WAHAHA!!!

Posted by calvintaneng > 2018-06-28 09:05 | Report Abuse

THE POWERS THAT BE OPERATE AMONGST MEN. LEARN TO SEE HOW TSVT DISTANCE HIMSELF FROM CRONYISM BY SELLING OFF T17 SHARES

BUT THE FACT REMAINS. TSVT WILL REVIVE BJ CORP WHEN YOU THINK GAME IS OVER.

GOOD LUCK

Posted by freetospeak > 2018-06-28 09:53 | Report Abuse

VT owns BJCORP...

Posted by freetospeak > 2018-06-28 09:56 | Report Abuse

wow so many buying in bjland n bjcorp even no good result...y leh?

Posted by kahhoeng > 2018-06-28 09:59 | Report Abuse

many buying?!? err... are you dreaming, freetospeak?

Posted by freetospeak > 2018-06-28 10:00 | Report Abuse

haha ..sorry i am dreaming ...lol

Posted by gangnam > 2018-06-28 10:01 | Report Abuse

Lol..actually who is behind Vt? The hints are out there 4 veterans..
http://www.malaysia-today.net/2018/02/03/children-of-two-mahathir-proxies-cum-cronies-merge-their-empires/

Posted by leek > 2018-06-28 10:22 | Report Abuse

SELL SELL SELL SO I CAN BUY CHEAP!!!! =D

Posted by freddiehero > 2018-06-28 10:30 | Report Abuse

haha no much lelong tis stock

Posted by freddiehero > 2018-06-28 10:30 | Report Abuse

stay cool

Posted by tw01 > 2018-06-28 11:15 | Report Abuse

Strong support..

Posted by calvintaneng > 2018-06-28 11:19 | Report Abuse

leek

SELL SELL SELL SO I CAN BUY CHEAP!!!! =D
28/06/2018 10:22



YOU ARE SO CLEVER!

CLAP!
CLAP!!
CLAP!!!

THUMBS UP!!!

Posted by freetospeak > 2018-06-28 11:24 | Report Abuse

i only c right hand sell to left hand...LOL

Posted by bahai4453 > 2018-06-28 12:24 | Report Abuse

29 sen indicating BJCorp is in profit ? VT will surprise you when the share to below 20 sen !

Posted by bahai4453 > 2018-06-28 12:29 | Report Abuse

Of somebody can say he will buy at 29.5 then he will sell at 31 sen at a milion share. That is VT and the gang are doing all the time. Call Warrant is your indicator ! Be careful ! May ended up at 20 sen by the end of 2018.

Posted by freetospeak > 2018-06-28 12:33 | Report Abuse

Great ....i sold all my shares already..waiting to by bak at 20 sen....yeah...

Posted by Eddysurge > 2018-06-28 13:13 | Report Abuse

If you all sold , by now should be 20sen. If TSVT wanted to sell more to 11 sen, wow!

Posted by Eddysurge > 2018-06-28 13:24 | Report Abuse

Frankly tell, this company without integrity, more likely to private company. Even worth a lot, the reputation is shit. T7 or Tun M will also feel the threat if he near by.

Posted by DkNY > 2018-06-28 13:26 | Report Abuse

H.E.L.L

Posted by gangnam > 2018-06-28 13:31 | Report Abuse

Lol...at current share price of 29.5 sens..BJcorp market capitalisation is only RM1.452 billion..if Vt & gang press down to 20 sens..BJcorp market capitalisation will drop to RM0.9848 billion & they stand to lose a cool RM65.563 million! (47.53% x 0.095 x RM1.452 billion) since Vt owns 47.583% of BJcorp..anyway also hope to buy at 20 sens..

btw BJ Group expects to record a significant gain upon the successful disposal of the Proposed Berjaya Vietnam International University Town One Member Limited Liability Company ("BVIUT") Disposal and Proposed Vietnam Subsidiary Disposal accordingly in due course, going forward in the coming Qtrs?

Also BJ Group's 50% share (40% BJland & 10% BJtoto) in Vietlott will roll in the money by FY ended 30 April 2019 after a 3 years breakeven period according to Robin since the first Vietlott lottery launched in July 2016...

"Berjaya Corp, Malaysian partner of Vietlott is confident the lottery company`s total revenue in period 2017 - 2025 will reach VND117.4 trillion (US$5.1 billion), according to Vietlott`s strategic development report to 2025, with vision to 2034. Berjaya Corp is the exclusive partner of Vietnam Computerized Lottery One Member Company (Vietlott) to implement the first ever nationwide self-selected computerized lottery project in Vietnam for a duration of 18 years".
https://klse.i3investor.com/insider/substantialShareholder/3395/26-Apr-2018/427105_2429363602.jsp
http://www.hanoitimes.vn/economy/trade-service/2018/03/81e0c3ec/vietlott-s-revenue-expected-to-reach-us-568-million-per-year/
http://www.theedgemarkets.com/article/berjaya-kicks-vietnam-lottery-op

Posted by Paulnga > 2018-06-28 14:09 | Report Abuse

Drop to 20 cent ? Great, we minority share holder can buy and take over BJ Corp!

Posted by gangnam > 2018-06-28 14:27 | Report Abuse

Lol..if really falls to 20 sens definitely not for short term or contra players but for medium to long term investors who can see the investment potential from the Vietlott lottery operations which is 6.02 times bigger than the earning potential of BJtoto...which earned RM238.5 mil for financial year ended April 30, 2018.
https://www.thestar.com.my/business/business-news/2018/06/19/berjaya-sports-toto-fy18-core-earnings-below-forecast/

Vietnam earnings potential: 96,476,100/16,017,586 = 6.02 times
Vietnam population 96,476,100
Malaysia population 32,035,172 (assuming only 50% gambles since 63.1% are muslim) assumed population that gambles is 32,035,172 x 50% = 16,017,586)

http://vietnamnews.vn/economy/421626/vietlott-earned-1686-million-revenue-in-2017.html
http://icon8888.blogspot.com/2018/01/bj-toto-recent-sell-down-provides.html
http://www.worldometers.info/world-population/vietnam-population/
http://www.worldometers.info/world-population/malaysia-population/
https://www.livepopulation.com/country/malaysia.html

Posted by Beza > 2018-06-28 14:35 | Report Abuse

TSVT & Robin should have put much effort to drive the Berjaya business to a greater height. Unfortunately, they don't manage it seriously.

Posted by leek > 2018-06-28 15:25 | Report Abuse

ERMM.... THEY HAVE A VERY SUCCESSFUL BUSINESS
... THEY ARE DAMN SMART.... PUSH THE SHARE UP ONCE EVERY 10 YEARS AND SQUEEZE GAO GAO AND BUY BACK SHARES AT MUCH LOWER PRICE LATER....

Posted by leek > 2018-06-28 15:25 | Report Abuse

SELL BJCORP AND SEND IT DOWN TO 2 CENTS!!! =D

Posted by samk > 2018-06-28 15:56 | Report Abuse

just wait patiently for Vietlott ,,, more games to come and the revenue will increase tremendously..

Posted by KWSI7317 > 2018-06-28 19:08 | Report Abuse

disappointed quarter result and no dividend declare

Posted by davidkkw79 > 2018-06-28 19:30 | Report Abuse

Holland ! http://www.bursamalaysia.com/market/listed-companies/company-announcements/5839521

Posted by i3_julius > 2018-06-28 19:46 | Report Abuse

hahaha, really no idea why ppl here so confident on bjcorp while many bluechips are going downwards. if someone really keep waiting bjc, he will lost a lot of chance out there. Everytime i come here also can see very funny comments.......lai liao lai liao, bjc limit up 2moro!

Posted by fl888 > 2018-06-28 20:54 | Report Abuse

Announce loss, sure up....