BERJAYA CORPORATION BHD

KLSE (MYR): BJCORP (3395)

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Last Price

0.42

Today's Change

+0.01 (2.44%)

Day's Change

0.41 - 0.435

Trading Volume

25,860,700


43 people like this.

45,431 comment(s). Last comment by wsb_investor 11 hours ago

KWSI7317

102 posts

Posted by KWSI7317 > 2018-08-15 19:04 | Report Abuse

no dividend and not take care of minority interest company.

Posted by birkincollector > 2018-08-15 19:14 | Report Abuse

Gone case. Poor performance still hoping to get anything from mahathir.

Posted by birkincollector > 2018-08-15 21:03 | Report Abuse

gangnam why always copy and paste ur own messages?? lost too much money here until kuku?

freddiehero

16,715 posts

Posted by freddiehero > 2018-08-15 23:12 | Report Abuse

huhu..

freddiehero

16,715 posts

Posted by freddiehero > 2018-08-15 23:12 | Report Abuse

sad.. big hopw break

fl888

7,637 posts

Posted by fl888 > 2018-08-16 07:21 | Report Abuse

At this price, VT is in a very bad shape....

Mountain

47 posts

Posted by Mountain > 2018-08-16 09:35 | Report Abuse

Vietlott profitable thanks to award 116 billion unrecognized.


The unlicensed jackpot helped Vietlott outstrip its net profit target of VND142 billion after half a year.
Thanks to Vietlott, a lot of South Lottery companies still profitable / Vietlott employees earn an average of nearly $ 1,000 a month

Vietnam Lottery Company Limited (Vietlott) said that the revenue before tax incentive in the first six months of this year reached 1.883 billion. Lottery by matrix with products Mega 6/45 and Power 6/55 accounted for overwhelming proportion in the revenue structure with more than 97%.

The compensation and bonus paid in this period was VND1,285 billion, an increase of VND 250 billion over the same period last year. Most of the items in direct lottery business expenses such as agent commissions, compensation fees, profit margin ... also increased sharply, plus the cost of managing the business team up resulting in a net profit of only 145 billion dong.

Semi-annual financial statements also recorded other profits from unlicensed jackpots 3 times more than the same period, up to 116 billion. Part of it is the ticket winning 105 billion, was released in Can Tho at the end of 2017 but can not find the owner.

Vietlott's after tax profit soared to VND 210 billion and exceeded the target of VND 142 billion approved by the Ministry of Finance earlier this year. It is estimated that the company earns a net profit of over VND 35 billion per month.

Vietlott's management said that in the short term to 2020, the company set a target of 20% revenue growth every year to become the leading company in the lottery business of Vietnam. The company will deduct the development investment fund to supplement the charter capital and ensure the charter capital is not less than 500 billion.

In early May, Vietlott started lottery business in Ninh Thuan, Quang Ngai, Thanh Hoa, Phu Tho to increase the total number of active markets to 38.

The company expects to open its new operation in 16 provinces and cities in the coming time, preparing to launch a new lottery with 15 minutes opening time and bringing the number of agents to more than 6,000. late. At the same time, cooperate with lottery companies to distribute computerized lotteries in the form of distribution channel development agents.

freetospeak

5,883 posts

Posted by freetospeak > 2018-08-16 10:10 | Report Abuse

Wow with 15 min lottery ...sure red hot ....already a mini casino...lol

freetospeak

5,883 posts

Posted by freetospeak > 2018-08-16 10:10 | Report Abuse

I am waiting long neck for the 15 min draw...thats a pioneer i think...

Posted by shortinvestor77 > 2018-08-16 14:12 | Report Abuse

Mountain, can you quote where you get the info from? Which website/source?

KWSI7317

102 posts

Posted by KWSI7317 > 2018-08-16 18:32 | Report Abuse

what's the point vt back to board...

Newcummer1

198 posts

Posted by Newcummer1 > 2018-08-16 18:35 | Report Abuse

Save the sea

Posted by martinbartesque > 2018-08-16 21:29 | Report Abuse

Company proposes share buy back

loonginv

852 posts

Posted by loonginv > 2018-08-16 21:37 | Report Abuse

lol... misai man do charity everybody know...... , but not to bjc.......

Mountain

47 posts

Posted by Mountain > 2018-08-17 08:18 | Report Abuse

Vietlott posted a pretax profit of 262 billion.

This profit includes 145 billion dong of operating profit and 117 billion dong of other income, mainly from two jackpot prizes.

Vietlott ticket sales are 7.900 billion, pay more than 4.300 billion.

Vietnam Lottery Company Limited (Vietlott) has submitted the financial report for the first 6 months of 2018 to the Ministry of Finance.

In that, the tax incentive in the first half of this year reached VND1,883 billion, of which 97% came from the Mega 6/45 and Power 6/55 categories. Compared with the same period last year, revenue of Vietlott increased nearly 500 billion.

Remarkably, other revenue of Vietlott tripled compared with the same period in 2017, to 116 billion. This is the total value of unassailable prizes after 60 days.

In particular, the outstanding prize worth 105 billion sold in Can Tho at the end of 2017 but can not find the owner. This award appeared in the dark 29/12/2017, with the lucky number 02-08-17-20-29-39. There is also another Jackpot "derelict" also contributed to the other revenue for Vietlott Jackpot 2 Power 6/55 on 30/01/2018 worth 10.5 billion.

In the period, the cost of bonus and bonus payment of Vietlott was VND1,285 billion, up VND250 billion over the same period last year. Commissions paid to agents in the first 6 months of 2018 at 190 billion, up sharply compared to 150 billion in the same period last year.

Besides, some major expenses of the company also increased sharply, leading to pre-tax profit of 262 billion dong.

Under regulations, Vietlott deducts 20% of total profit to pay corporate income tax, ie more than 52 billion. Vietlott then created the funds of the enterprise and continued to allocate the remaining revenue to the local budget in proportion to the actual revenue generated in the area.

Profit after tax of nearly 209 billion will be allocated to VietNam budget 38 provinces and cities are implementing. This means that the Jackpot prize will not be reimbursed to the budget of 38 provinces and cities of Vietlott to carry out business activities to serve health, education and social welfare for all people.

As of June 30, Vietlott's total assets were VND912 billion, down VND274 billion from the beginning of the year. Particularly cash and deposit accounts for VND748 billion, accounting for 86% of total assets.

Previously, Vietlott said that in the past two years, the total value of winners for customers has reached 4,341 billion, creating more than 8,000 local labor. Meanwhile, business activities bring ticket revenue (including tax) nearly 7.900 billion, paying the local budget more than 2.200 billion.

In addition to organizing business activities, Vietlott, Berjaya Group's business partners, agents and winners spent more than VND 42 billion on social security.

Vietlott appeared on 18/7/2016 with a few points in Ho Chi Minh City and a unique product is Mega Computer Lottery 6/45. At that time, the people rushed to buy tickets Vietlott with the wish to become billionaires, the house registered to open lottery ticket Vietlott because of opportunity to make a big profit. Accordingly, Vietlott quickly expanded into neighboring areas of Ho Chi Minh City, even to the provinces and cities across the country.

By 2018, Vietlott set a revenue target of issuing computerized lottery tickets with a tax of 4,629 billion dong, but the profit target was quite modest at only 142 billion dong, down from 2017.

Mountain

47 posts

Posted by Mountain > 2018-08-17 08:21 | Report Abuse

Shortinvestor77, just google search "Vietlott" for news, translate them in English.

Posted by birkincollector > 2018-08-17 09:51 | Report Abuse

breaking 0.285 any time..lol

DkNY

673 posts

Posted by DkNY > 2018-08-17 10:37 | Report Abuse

Sell sell sell...... at your own risk! The highiest is only 30c++ Dont wasting your bullets & time!

fl888

7,637 posts

Posted by fl888 > 2018-08-17 10:37 | Report Abuse

VT also went to China....for what....

freetospeak

5,883 posts

Posted by freetospeak > 2018-08-17 11:15 | Report Abuse

VT went to china with PM...lol

freetospeak

5,883 posts

Posted by freetospeak > 2018-08-17 11:15 | Report Abuse

y this time becoz pm is going there now...lol

Lim Tek Wai

2,386 posts

Posted by Lim Tek Wai > 2018-08-17 11:35 | Report Abuse

Looks good to buy,profit incoming.....

bahai4453

2,297 posts

Posted by bahai4453 > 2018-08-17 11:44 | Report Abuse

ACQUISITION OF 100% EQUITY INTEREST IN SAVE THE SEA SDN BHD BY VT ? SAVE THE SEA SDN BHD???

DkNY

673 posts

Posted by DkNY > 2018-08-17 14:25 | Report Abuse

tiu nia sing lah, tulan s/b now want to save deep sea s/b pula!

DkNY

673 posts

Posted by DkNY > 2018-08-17 14:28 | Report Abuse

tomolo killing mosquito vincent s/b better

Posted by birkincollector > 2018-08-17 14:48 | Report Abuse

even diehard supporter leek who screamed limit up everyday also gone into hiding lol

Posted by Yee Kiat Cheng > 2018-08-19 00:22 | Report Abuse

VT was seen on TV watching Cardiff City vs Newcastle United

Yael Jasper

2,178 posts

Posted by Yael Jasper > 2018-08-20 11:06 | Report Abuse

Strong momentum time to invest now.

KWSI7317

102 posts

Posted by KWSI7317 > 2018-08-20 12:35 | Report Abuse

downside / hoveing trend

Posted by birkincollector > 2018-08-20 17:10 | Report Abuse

Bo cao si ar

leek

3,617 posts

Posted by leek > 2018-08-20 17:12 | Report Abuse

CHEAP CHEAP! =D

hollandking

3,694 posts

Posted by hollandking > 2018-08-20 17:17 | Report Abuse

what is save the sea sdn bhd?

Posted by birkincollector > 2018-08-20 17:19 | Report Abuse

Save the 屎 sdn bhd

KWSI7317

102 posts

Posted by KWSI7317 > 2018-08-20 18:33 | Report Abuse

down the drain stock

barcelona

168 posts

Posted by barcelona > 2018-08-21 10:49 | Report Abuse

sea = si = dead = 死

Posted by jordanmaggie61 > 2018-08-21 11:10 | Report Abuse

Good job ! keep rising....

bahai4453

2,297 posts

Posted by bahai4453 > 2018-08-21 13:13 | Report Abuse

I told you all to cabut at 0.30 and come back end of the year when BJC hit 0.25. VT collecting BJfood share at the moment. BJFood is good counter and still can go up. PM is coming back from China. Watch up on China counter especially IWCITY TP RM1.00. Good FD counter MBSB is a good buy @1.07-1 to 1.09.

gangnam

753 posts

Posted by gangnam > 2018-08-21 14:41 | Report Abuse

Lol..don't change the subject..thought u all sold all already? & only come back EOY?..why still hang around here since nothing to see? T3T4.. just want people to sell cheap so that ur Boss can buy back with all kind of tricks..just look at the long buying queue vs selling queue to indicate interest for BJcorp..Anyway it's a good sign of increased profitability for legal operators like BJCorp/BJLand since sin tax has risen by RM238 million for PH Govt..so it's still a waiting game "if sleeping beauty?" but why still so many admirers & suitors hanging around? Sell more! so others can share Ur wealth!

Btw BJCorp owns 50% (RM259.5 Million) of BJFood with market capitalisation of 519 Million and 80% (980 Million) of BJLand with market capitalisation of RM1.225 MBillion..As such BJCorp's shareholding in BJFood & BJland alone is worth RM1.2395 Billion already...Since BJCorp's market capitalisation is RM1.663 Billion don't tell us the rest of BJCorp is only worth RM423.5 Million?

https://klse.i3investor.com/files/my/blog/img/bl1338_screen_shot_20160806_at_2.42.26_pm.png

bahai4453

2,297 posts

Posted by bahai4453 > 2018-08-21 16:27 | Report Abuse

Don waste your time and money here. Cabut and come back when it is 25 sen ! The game is playing 0.005 sens here !

smartly

6,430 posts

Posted by smartly > 2018-08-21 16:35 | Report Abuse

sapu.....28.5sen... :)

smartly

6,430 posts

Posted by smartly > 2018-08-21 16:54 | Report Abuse

yahoo....sold liao 29sen... :)

gangnam

753 posts

Posted by gangnam > 2018-08-21 16:56 | Report Abuse

Lol..correcrion..BJCorp owns 50% (RM259.5 Million) of BJFood with market capitalisation of 519 Million and 80% (980 Million) of BJLand with market capitalisation of RM1.225 MBillion..As such BJCorp's shareholding in BJFood & BJland alone is worth RM1.2395 Billion already...Since BJCorp's current market capitalisation is RM1.428 Billion don't tell us the rest of BJCorp is only worth RM188.2 Million? Very sure BJCorp's 40% share in Vietlott is already worth Billions & what about BJCorp's additional shares in BJToto worth RM375 Million? see org. Chart

https://klse.i3investor.com/files/my/blog/img/bl1338_screen_shot_20160806_at_2.42.26_pm.png

kahhoeng

3,926 posts

Posted by kahhoeng > 2018-08-21 18:06 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5889973

1 17/08/2018 4,000,000 Acquired Direct Interest

Name of registered holder Tan Sri Dato' Seri Vincent Tan Chee Yioun

freetospeak

5,883 posts

Posted by freetospeak > 2018-08-21 18:19 | Report Abuse

VT buy bak 10 million bjland shares n bjcorp shares...the time is coming...as i expected he will move in auguest..6 mths from march...

freetospeak

5,883 posts

Posted by freetospeak > 2018-08-21 18:21 | Report Abuse

instead of improving public spread in bjland..he is buying bak more shares..lol...

freetospeak

5,883 posts

Posted by freetospeak > 2018-08-21 18:50 | Report Abuse

So the future of bjland is....privatise...most likely...b4 the jeju n vietnam money comes in...

kahhoeng

3,926 posts

Posted by kahhoeng > 2018-08-21 19:26 | Report Abuse

Not quite, BJLand already got an extension to delay 'solution', which is why I ask 'what's SC doing?'

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5862105

Further to our announcement dated 3 July 2018, the Board of Directors of Berjaya Land Berhad (“BLand” or “Company”) wishes to announce that Bursa Malaysia Securities Berhad has, vide its letter dated 20 July 2018 granted BLand an extension of time of 6 months from 29 June 2018 until 28 December 2018 to comply with the previously approved public shareholding spread of 20% (“Public Spread”).

freetospeak

5,883 posts

Posted by freetospeak > 2018-08-21 20:18 | Report Abuse

Extension is always granted to allow for solution....but vt actions say he is not interested in improving...so usually it will leads to privatise..

freetospeak

5,883 posts

Posted by freetospeak > 2018-08-21 20:19 | Report Abuse

Unless vt wants bjland to be suspended until he finds a solution after the 6 mths...

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