BERJAYA CORPORATION BHD

KLSE (MYR): BJCORP (3395)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.425

Today's Change

+0.015 (3.66%)

Day's Change

0.41 - 0.435

Trading Volume

32,600,000


43 people like this.

45,431 comment(s). Last comment by wsb_investor 15 hours ago

freetospeak

5,883 posts

Posted by freetospeak > 2018-07-03 11:02 | Report Abuse

VT is not interested in the dividend of bjcorp..he wants the share...so bjcorp will buy back with the cash for dividend to b n pay it out as share to VT...

freetospeak

5,883 posts

Posted by freetospeak > 2018-07-03 11:16 | Report Abuse

dun be surprise bjcorp might buy more than 100 million shares this round due to strong cash flow...

bahai4453

2,297 posts

Posted by bahai4453 > 2018-07-03 13:07 | Report Abuse

After 5 years then starting to buy back. The rest of the time Tan family is making money buying and selling BJcorp to gain personal profit like Najib. That is why Tun M ask VT you better sell your T7 Global or else I.....(Tun M don buy him any favour now).
Below 30 sen is the shit price of a corp with this type of market capital. whether there is trade war or world war, nothing to fear with this type of shit price.

freetospeak

5,883 posts

Posted by freetospeak > 2018-07-03 13:25 | Report Abuse

sorry , wrong info last buy bak is in 2016 jun...after that it announced pays out share dividend in aug..rec'd in dec...so may b this time round will repeat again...but at least 100 million shares needed to pay out 3:100 ratio...

freetospeak

5,883 posts

Posted by freetospeak > 2018-07-03 13:28 | Report Abuse

so wat r u waiting for pls sell all your shares now so that we can get our dividend soon...

leek

3,617 posts

Posted by leek > 2018-07-03 16:29 | Report Abuse

=D =D

kahhoeng

3,926 posts

Posted by kahhoeng > 2018-07-03 16:42 | Report Abuse

the share dividend 2 years ago was announced in the Q4FY16 report, given no mention in Q4FY18, there's no dividend to BJCorp shareholders this year too.

gangnam

753 posts

Posted by gangnam > 2018-07-03 16:54 | Report Abuse

Lol...no dividend for FY2017/2018..doesn't means no dividend for FY2018/2019 to be announced in the next Qtrs..since windfall money is coming from Vietnam property sales, Vietlott operations & Jeju Korea compensation?

"BJ Group also 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."

kahhoeng

3,926 posts

Posted by kahhoeng > 2018-07-03 17:53 | Report Abuse

Gangnam, if BJCorp were to declare dividend with BJLand's money, BJLand has to declare dividend first... Surely, I won't mind that at all, bought some BJLand lately anticipating a 'significant profit' from Vietnam disposal

kahhoeng

3,926 posts

Posted by kahhoeng > 2018-07-03 17:59 | Report Abuse

Goreng or privatizing BJLand?

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5844445

The Board of Directors of Berjaya Land Berhad (“BLand”) wishes to announce that based on Record of Depositors as at 29 June 2018, the public shareholding spread of BLand is 19.95% which is below the 20% minimum public shareholding spread requirement approved by Bursa Malaysia Securities Berhad (“Bursa Securities”) vide its letter dated 18 August 2010.

BLand will seek the approval of Bursa Securities for an extension of time to comply with the public shareholding spread requirement.

leek

3,617 posts

Posted by leek > 2018-07-03 18:31 | Report Abuse

kahhoeng Goreng or privatizing BJLand?

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

The Board of Directors of Berjaya Land Berhad (“BLand”) wishes to announce that based on Record of Depositors as at 29 June 2018, the public shareholding spread of BLand is 19.95% which is below the 20% minimum public shareholding spread requirement approved by Bursa Malaysia Securities Berhad (“Bursa Securities”) vide its letter dated 18 August 2010.

BLand will seek the approval of Bursa Securities for an extension of time to comply with the public shareholding spread requirement.
03/07/2018 17:59

=D =D

leek

3,617 posts

Posted by leek > 2018-07-03 18:37 | Report Abuse

We shall see VT buy back more in BJCORP & BJASSETS.... Corporate restructure coming

gangnam

753 posts

Posted by gangnam > 2018-07-03 18:44 | Report Abuse

Lol...actually whatever BJland gets..will also be obtained by BJcorp as >80% beneficial owner of BJland..further apart from owning > 80% shares in BJland..BJcorp has it's own direct share in windfall money coming from Vietnam & China property sales, Vietlott operations & Jeju Korea compensation?
btw the main reasons given for bad BJcorp/Bjland Qtr. 4 performance was due to impairment provisions (not monetary in nature and can be reversed in the next qtrs & due to loss from 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).

From May to July..RM has weaken to 1 USD = 4.0448 MYR, giving a RM0.1726 gain per USD converted to add to BJcorp/ BJland's profitability in the next coming Qtrs..when the money from Vietnam & China property sales, Vietlott operations & Jeju Korea compensation comes?

kahhoeng

3,926 posts

Posted by kahhoeng > 2018-07-03 18:47 | Report Abuse

Gangnam, cause I own both BJCorp and BJLand, so would appreciate dividends from both...

leek

3,617 posts

Posted by leek > 2018-07-03 19:20 | Report Abuse

Corporate restructure will ONLY benefit BJCORP...

kahhoeng

3,926 posts

Posted by kahhoeng > 2018-07-03 19:26 | Report Abuse

Well, agree, but based on what VT got from tendering in his bjland shares for bjcorp shares, bjland share price is attractive now

leek

3,617 posts

Posted by leek > 2018-07-03 19:47 | Report Abuse

WHOEVER ADVISE VT THE GROUP RESTRUCTURE 14 YEARS AGO DID A VERY BAD JOB...

BJCORP DOESN'T HAVE ENOUGH CASH TO FUND THE CORPORATE RESTRUCTURE PROGRAM SO I DON'T THINK VT WILL OFFER ATTRACTIVE PRICE TO PRIVATISE BJLAND... JUST LIKE HOW YTL PRIVATISED YTL CEMENT AT A LOWER PRICE...

MOST LIKELY AND HOPEFULLY BJCORP WILL OFFER 1:1 + FREE WARRANTS TO PRIVATISE BJLAND AND MEANWHILE GIVES FREE WARRANTS TO EXISTING BJCORP SHAREHOLDERS... ONE STONE KILL TWO BIRDS TO BRING UP BJCORP SHARE PRICE...

CASE STUDY REF: YTL PRIVATISED YTL CEMENT BY SHARE EXCHANGE @ 1.40 PER YTL SHARE.... AND AFTER THE PRIVATISATION COMPLETED, YTL SHARE WENT UP FROM 1.40 TO ABOUT 2.20 WITHIN MONTHS.... SAME STRATEGY MIGHT BE USED TO CONSIDER UNDER VT AS WE ALL KNOW RICH PEOPLE ARE STINGY TO SMALL SHAREHOLDERS BUT AT THE SAME TIME TH IS THE GREAT WAY TO INCREASE THE SHARE PRICE...

=D =D

gangnam

753 posts

Posted by gangnam > 2018-07-03 23:18 | Report Abuse

Lol...just realized that between June 26 2018 to 15 November 2017, Vt & BJ group companies has been on a buying frenzy and sapu a total of 153,169,800 BJland shares from the open market at a price ranging from 30 sens to 49.5 sens..no wonder as at 29 June 2018, the public shareholding spread of BLand is now only 19.95%!

26-Jun-18 Acquired 60,000
22-Jun-18 Acquired 13,000
12-Jun-18 Acquired 2,000
7-Jun-18 Acquired 220,000
5-Jun-18 Acquired 3,000
4-Jun-18 Acquired 25,000
1-Jun-18 Acquired 140,000
31-May-18 Acquired 200,000
31-May-18 Acquired 20,000
30-May-18 Acquired 2,000,000
7-May-18 Acquired 600,000
4-May-18 Acquired 1,221,600
4-May-18 Acquired 1,221,600
4-May-18 Acquired 1,221,600
3-May-18 Acquired 3,000,000
3-May-18 Acquired 3,000,000
3-May-18 Acquired 3,000,000
2-May-18 Acquired 3,000,000
2-May-18 Acquired 3,000,000
2-May-18 Acquired 3,000,000
30-Apr-18 Acquired 2,200,000
30-Apr-18 Acquired 2,200,000
30-Apr-18 Acquired 2,200,000
27-Apr-18 Acquired 5,000,000
27-Apr-18 Acquired 5,000,000
27-Apr-18 Acquired 5,000,000
26-Apr-18 Acquired 4,200,000
26-Apr-18 Acquired 4,200,000
26-Apr-18 Acquired 4,200,000
25-Apr-18 Acquired 5,000,000
25-Apr-18 Acquired 5,000,000
25-Apr-18 Acquired 5,000,000
24-Apr-18 Acquired 3,664,800
24-Apr-18 Acquired 3,664,800
24-Apr-18 Acquired 3,664,800
30-Mar-18 Acquired 2,000,000
30-Mar-18 Acquired 2,000,000
30-Mar-18 Acquired 2,000,000
29-Mar-18 Acquired 3,000,000
29-Mar-18 Acquired 3,000,000
29-Mar-18 Acquired 3,000,000
28-Mar-18 Acquired 3,000,000
28-Mar-18 Acquired 3,000,000
28-Mar-18 Acquired 3,000,000
27-Mar-18 Acquired 2,000,000
27-Mar-18 Acquired 2,000,000
27-Mar-18 Acquired 2,000,000
26-Mar-18 Acquired 2,970,000
26-Mar-18 Acquired 2,970,000
26-Mar-18 Acquired 2,970,000
23-Mar-18 Acquired 1,000,000
23-Mar-18 Acquired 1,000,000
23-Mar-18 Acquired 1,000,000
16-Mar-18 Acquired 200,000
16-Mar-18 Acquired 200,000
16-Mar-18 Acquired 200,000
16-Mar-18 Acquired 200,000
16-Mar-18 Acquired 200,000
16-Mar-18 Acquired 200,000
15-Mar-18 Acquired 200,000
15-Mar-18 Acquired 200,000
15-Mar-18 Acquired 200,000
15-Mar-18 Acquired 200,000
15-Mar-18 Acquired 200,000
15-Mar-18 Acquired 200,000
14-Mar-18 Acquired 200,000
14-Mar-18 Acquired 200,000
14-Mar-18 Acquired 200,000
14-Mar-18 Acquired 200,000
14-Mar-18 Acquired 200,000
14-Mar-18 Acquired 200,000
13-Mar-18 Acquired 200,000
13-Mar-18 Acquired 200,000
13-Mar-18 Acquired 200,000
13-Mar-18 Acquired 200,000
13-Mar-18 Acquired 200,000
13-Mar-18 Acquired 200,000
9-Mar-18 Acquired 100,000
9-Mar-18 Acquired 100,000
9-Mar-18 Acquired 100,000
9-Mar-18 Acquired 100,000
9-Mar-18 Acquired 100,000
9-Mar-18 Acquired 100,000
8-Mar-18 Acquired 200,000
8-Mar-18 Acquired 200,000
8-Mar-18 Acquired 200,000
8-Mar-18 Acquired 200,000
8-Mar-18 Acquired 200,000
8-Mar-18 Acquired 200,000
7-Mar-18 Acquired 200,000
7-Mar-18 Acquired 200,000
7-Mar-18 Acquired 200,000
7-Mar-18 Acquired 200,000
7-Mar-18 Acquired 200,000
7-Mar-18 Acquired 200,000
6-Mar-18 Acquired 200,000
6-Mar-18 Acquired 200,000
6-Mar-18 Acquired 200,000
6-Mar-18 Acquired 200,000
6-Mar-18 Acquired 200,000
6-Mar-18 Acquired 200,000
5-Mar-18 Acquired 200,000
5-Mar-18 Acquired 200,000
5-Mar-18 Acquired 200,000
5-Mar-18 Acquired 200,000
5-Mar-18 Acquired 200,000
5-Mar-18 Acquired 200,000
2-Mar-18 Acquired 200,000
2-Mar-18 Acquired 200,000
2-Mar-18 Acquired 200,000
2-Mar-18 Acquired 200,000
2-Mar-18 Acquired 200,000
2-Mar-18 Acquired 200,000
1-Mar-18 Acquired 200,000
1-Mar-18 Acquired 200,000
1-Mar-18 Acquired 200,000
1-Mar-18 Acquired 200,000
1-Mar-18 Acquired 200,000
1-Mar-18 Acquired 200,000
28-Feb-18 Acquired 200,000
28-Feb-18 Acquired 200,000
28-Feb-18 Acquired 200,000
28-Feb-18 Acquired 200,000
28-Feb-18 Acquired 200,000
28-Feb-18 Acquired 200,000
27-Feb-18 Acquired 200,000
27-Feb-18 Acquired 200,000
27-Feb-18 Acquired 200,000
27-Feb-18 Acquired 200,000
27-Feb-18 Acquired 200,000
27-Feb-18 Acquired 200,000
26-Feb-18 Acquired 200,000
26-Feb-18 Acquired 200,000
26-Feb-18 Acquired 200,000
26-Feb-18 Acquired 200,000
26-Feb-18 Acquired 200,000
26-Feb-18 Acquired 200,000
23-Feb-18 Acquired 200,000
23-Feb-18 Acquired 200,000
23-Feb-18 Acquired 200,000
23-Feb-18 Acquired 200,000
23-Feb-18 Acquired 200,000
23-Feb-18 Acquired 200,000
22-Feb-18 Acquired 200,000
22-Feb-18 Acquired 200,000
22-Feb-18 Acquired 200,000
22-Feb-18 Acquired 200,000
22-Feb-18 Acquired 200,000
22-Feb-18 Acquired 200,000
21-Feb-18 Acquired 200,000
21-Feb-18 Acquired 200,000
21-Feb-18 Acquired 200,000
21-Feb-18 Acquired 200,000
21-Feb-18 Acquired 200,000
21-Feb-18 Acquired 200,000
15-Nov-17 Acquired 6,317,600

Total BJland shares acquired 153,169,800

freetospeak

5,883 posts

Posted by freetospeak > 2018-07-04 08:53 | Report Abuse

they know of the spread is below 20% but still keep on buying...but they can keep applying to bursa for extension ...so not much of a problem...unless they still keep on buying bak after their annoucement ..then that indicate they hav no willingness to improve the spread and most possible case is privatise...

freetospeak

5,883 posts

Posted by freetospeak > 2018-07-04 08:55 | Report Abuse

it is very difiicult to improve the spread unless they do something spectacular...otherwise it will eventually lead to suspension or delisting or privatise.. but that will be few years later...

freetospeak

5,883 posts

Posted by freetospeak > 2018-07-04 08:57 | Report Abuse

but 1st they will apply for extension..n annouce any plan to improve the spread if any....

freetospeak

5,883 posts

Posted by freetospeak > 2018-07-04 08:58 | Report Abuse

like hovid..they annouced no intention to remain listed after their spread drop to below 25%...

freetospeak

5,883 posts

Posted by freetospeak > 2018-07-04 09:03 | Report Abuse

theres no meaning to list bjland coz since he is not interested in releasing its true value...n theres no need to use bjland to raise capital then no point listed...

freetospeak

5,883 posts

Posted by freetospeak > 2018-07-04 09:05 | Report Abuse

by merging bjland into bjcorp...it will solve the spread problem n increase bjcorp value ...

freetospeak

5,883 posts

Posted by freetospeak > 2018-07-04 09:11 | Report Abuse

VT n bj group of company know of incoming disposal of vietnam project n jeju compensation ...thats why they are busy buying bak bjland most probably to privatise it...otherwise it wont b below 20% in the 1st place...

freetospeak

5,883 posts

Posted by freetospeak > 2018-07-04 10:07 | Report Abuse

wow must b bjcorp buy bak...

Posted by tonyneo1234 > 2018-07-04 10:22 | Report Abuse

somebody buy bjcorp

leek

3,617 posts

Posted by leek > 2018-07-04 11:08 | Report Abuse

SAPU!!!!! =D =D

leek

3,617 posts

Posted by leek > 2018-07-04 15:24 | Report Abuse

LIMIT UP SOON!!! =D =D

leek

3,617 posts

Posted by leek > 2018-07-04 15:28 | Report Abuse

THANK YOU THOSE WHO SOLD AT 0.285, 0.29 & PLEASE KEEP SELLING AT 0.295.... =D =D

leek

3,617 posts

Posted by leek > 2018-07-04 15:49 | Report Abuse

MORE BJC SBB AND VT SBB TODAY!!! =D =D

leek

3,617 posts

Posted by leek > 2018-07-04 15:52 | Report Abuse

NEWS TO PRIVATISE BJLAND COMING!!!

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5844445

BJCORP WILL GET ALL THE INCOMES, CASH AND LAND BACK TO BJCORP DIRECTLY!!!

=D =D

leek

3,617 posts

Posted by leek > 2018-07-04 16:51 | Report Abuse

EATING UP ALL THE 0.30!!! =D

bahai4453

2,297 posts

Posted by bahai4453 > 2018-07-04 17:00 | Report Abuse

conman counter

kahhoeng

3,926 posts

Posted by kahhoeng > 2018-07-04 17:15 | Report Abuse

will consider exchange my bjland shares into bjcorp if 1 to 1 conversion + 0.10 cash per share...

leek

3,617 posts

Posted by leek > 2018-07-04 17:25 | Report Abuse

VT WON'T USE CASH ONE LA.... BUT MAYBE 1 BJCORP EXCHANGE 1 BJLAND + 1 FREE WARRANT FOR EVERY 5 BJCORP SHARES COMVERTED..... MEANWHILE EVERY 5 BJCORP EXISTING SHARES WILL GET 1 FREE WARRANT AS FOR BONUS/DIVIDEND....

THIS ARRANGEMENT WILL SEEM FAIR AT THE MOMENT BECAUSE BJCORP NAPS IS MUCH HIGHER THAN BJLAND.... BJCORP WILL SHOOT UP HIGH VERY SOON!!!! =D =D

bahai4453

2,297 posts

Posted by bahai4453 > 2018-07-04 17:25 | Report Abuse

Meaning of call warrant :
#The inclusion of a call warrant feature may enable the company to lower the cost of its debt. The risk of potential equity dilution to the issuer, in the event of all the warrants being exercised, is more than offset by the additional equity capital available to the company at no additional cost, an especially important consideration during periods of severe stress in financial markets.#

Read more: Call Warrant https://www.investopedia.com/terms/c/callwarrant.asp#ixzz5KHBEJucp
Follow us: Investopedia on Facebook

kahhoeng

3,926 posts

Posted by kahhoeng > 2018-07-04 17:30 | Report Abuse

err... would rather wait for Jeju judgment and proceeds from Vietnam project disposals if no cash offered...

leek

3,617 posts

Posted by leek > 2018-07-04 17:32 | Report Abuse

VT ALREADY CONTROL 80% BJLAND. SMALL SHAREHOLDERS STILL HAVE SAY ABOUT WHETHER IT CAN BE PRIVATISE?

freetospeak

5,883 posts

Posted by freetospeak > 2018-07-04 17:34 | Report Abuse

VT will only privatise earliest in aug la...not so soon...

kahhoeng

3,926 posts

Posted by kahhoeng > 2018-07-04 17:35 | Report Abuse

yes, shareholders can vote NO. If I were not wrong, BJCorp can go ahead to continue buying from market after that if proposal rejected...

freetospeak

5,883 posts

Posted by freetospeak > 2018-07-04 17:35 | Report Abuse

VT can make an offer to minority now..if accumulate to 90% can forceful take over...

leek

3,617 posts

Posted by leek > 2018-07-04 17:36 | Report Abuse

MARKET SEEMS VERY HAPPY WITH IT AS MANY SELLING LOW PRICE TO VT/BJCORP....

leek

3,617 posts

Posted by leek > 2018-07-04 17:42 | Report Abuse

BJLAND NAPS 0.85.... BJCORP NAPS 1.50.....
THE CURRENT PRICE SEEMS FAIR FOR THE EXCHANGE....

Posted by mangomilkshake > 2018-07-04 17:58 | Report Abuse

today C7 jumped 200% from 0.05 to 0.015
Good news coming soon?

leek

3,617 posts

Posted by leek > 2018-07-04 19:07 | Report Abuse

mangomilkshake today C7 jumped 200% from 0.05 to 0.015
Good news coming soon?

POSSIBLY PUSHED BY IB.... =D =D

Post a Comment