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

freetospeak

5,883 posts

Posted by freetospeak > 2018-08-28 10:26 | Report Abuse

n slowly eat up bjland shares...

freetospeak

5,883 posts

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

when the price is at 20 sen n below..n he offer 30 sen..most likely he can get another 10% share sold to him..then he can take over in force...

freetospeak

5,883 posts

Posted by freetospeak > 2018-08-28 10:33 | Report Abuse

y 30 sen...ppl might ask..the laws say the offer price mus not be lower than 6 mth highest price..so probaly the highest is 30 sen i think...lol

joetay14

62 posts

Posted by joetay14 > 2018-08-28 10:34 | Report Abuse

bjc accounting is such a puzzle, i dont think vincent will want to take it private.

freetospeak

5,883 posts

Posted by freetospeak > 2018-08-28 10:45 | Report Abuse

i am talking about bjland...not bjc...bjland is having public spread issue...but vt keep accumulating n worsen it...so most probably he want to take it private instead of getting it suspend...

freetospeak

5,883 posts

Posted by freetospeak > 2018-08-28 10:47 | Report Abuse

during bn time..bjland applied to reduce the limit from 30 to 25 ..to now 20...i dun think the bursa now will allow company to hav 15 as lower limit for public spread...

freetospeak

5,883 posts

Posted by freetospeak > 2018-08-28 10:48 | Report Abuse

so after another loss making qtr from bjland ...it is a good time to privatise it b4 dec 31 2018 due date for solution ...

joetay14

62 posts

Posted by joetay14 > 2018-08-28 10:49 | Report Abuse

bjland accounting will link back to bjc.

so there is an entanglement there.

more importantly, bjland doesnt have a huge landbank or net cash pile to raid on. so doesnt make sense for vincent to take it private just becos of public spread requirement.

freetospeak

5,883 posts

Posted by freetospeak > 2018-08-28 10:53 | Report Abuse

there is a huge cash pile coming in for bjland...lol..n taking private doesnt concern accounting..it only concern share ownership...

joetay14

62 posts

Posted by joetay14 > 2018-08-28 10:54 | Report Abuse

do u know ur accounting???

huge cash pile come in also will be used for retiring long term borrowings.

so r u a promoter of bjland and bjc????

lol............

freetospeak

5,883 posts

Posted by freetospeak > 2018-08-28 10:55 | Report Abuse

n when the billion cash pile come in...vt cannot suppress the bjland price anymore...n since vt doesnt want a high bjland price...taking it private b4 cash pile comes in is a good move..

freetospeak

5,883 posts

Posted by freetospeak > 2018-08-28 11:00 | Report Abuse

so using cash pile to settle long term loan ..means cannot privatise? y bjcap bj group all can be privatise since their account also linked to other berjaya company.accounting is not the deciding factor for decision to privatise...

freetospeak

5,883 posts

Posted by freetospeak > 2018-08-28 11:02 | Report Abuse

of course its jus my guess la....i also think privsatise not so soon..at least still got some time...but public issue is a major concern..then VT hav to solve it...now under ph..not like last time can push n push...

freetospeak

5,883 posts

Posted by freetospeak > 2018-08-28 11:10 | Report Abuse

when the price is sow low n liquidity is under authority questioning...wat is the reason for listing..delist it even easier to cook the book ..isnt it..lol...all hide under parent bjcorp...lagi easier

freetospeak

5,883 posts

Posted by freetospeak > 2018-08-28 11:12 | Report Abuse

no need answer to shareholder..authority..no need listing maintenance..no need pay dividend...save more cost...lol...y not...u want capital gain..park under bjcorp..still can get capital gain...

Lim Tek Wai

2,386 posts

Posted by Lim Tek Wai > 2018-08-28 11:14 | Report Abuse

This is a winning stock....best of the best

freetospeak

5,883 posts

Posted by freetospeak > 2018-08-28 11:16 | Report Abuse

n regarding capital gain..VT doesnt care about capital gain..he only answer to himself...when the asset is still there...VT thinks is enuff..share price is jus number to him...

joetay10

115 posts

Posted by joetay10 > 2018-08-28 12:16 | Report Abuse

if i see diehard promoters like freetospeak in a stock, that means better steer far far away from that stock

freetospeak

5,883 posts

Posted by freetospeak > 2018-08-28 13:00 | Report Abuse

true...lol

samk

170 posts

Posted by samk > 2018-08-28 13:33 | Report Abuse

H.R Owen own by Bjtoto... BJtoto own by BJcorp..so its related.

freetospeak

5,883 posts

Posted by freetospeak > 2018-08-28 13:45 | Report Abuse

hr owen only earn a few million dollar more...wats the point...lol

freetospeak

5,883 posts

Posted by freetospeak > 2018-08-28 13:45 | Report Abuse

unless it get listed again...otherwise a few millin dollar more its peanuts...

freetospeak

5,883 posts

Posted by freetospeak > 2018-08-28 17:52 | Report Abuse

wow..not bad..share buy back..lol

Posted by steven223838 > 2018-08-28 20:47 | Report Abuse

VT keeps buying BJLAND is spite of public spread issue. I THINK HE WANTS TO PRIVATISE BJLAND.HE bought another 2mil shares today.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5897177

tw01

813 posts

Posted by tw01 > 2018-08-29 10:37 | Report Abuse

@steven223838 - What will happen to BjCorp if VT Privatise BjLand ?

Posted by ToggleSC > 2018-08-31 01:41 | Report Abuse

TSVT will never privatize BJ

freetospeak

5,883 posts

Posted by freetospeak > 2018-08-29 07:38 | Report Abuse

according to law...bjland spread is now below 20% about 19.8.. when it reach 10%..it will be suspended for trading ..VT is reducing it bit by bit everyday towards 10%..lol..i dunno whether he want it to be suspended by force or delist it or try to improve the spread...so far i only c him buying millions each day...

freetospeak

5,883 posts

Posted by freetospeak > 2018-07-31 07:40 | Report Abuse

if he keep on buying everyday..the only way i c is spread drop to 10%...and if there is no concrete solution forward to sc ...it can be suspended even not reaching 10%...

freetospeak

5,883 posts

Posted by freetospeak > 2018-08-29 11:12 | Report Abuse

i am jus worried for bjland holders..mus be mentally prepared for this...thats why i say bjland price will keep dropping becoz ppl is exiting jus in case it get suspended ...dun say i never warn u...lol

freetospeak

5,883 posts

Posted by freetospeak > 2018-08-29 11:13 | Report Abuse

when it get suspended...then he might annouce forceful takeover at 30 sen n below...

Lim Tek Wai

2,386 posts

Posted by Lim Tek Wai > 2018-08-29 11:17 | Report Abuse

Good time to accumulate more and gain more profit :)

fl888

7,637 posts

Posted by fl888 > 3 hours ago | Report Abuse

NTA is RM1.37 compared to price now 29cts, can buy for next generation ...?

gangnam

753 posts

Posted by gangnam > 2018-08-29 11:42 | Report Abuse

Lol...yup it's now or never...since HR Owen doubled it's profits for the latest quarter...that's why Vt & Family was in London last week..there are indications of good times for BJGroup of companies by EOY...so just quietly buy...before the cheap sale at current all time low stops..especially when BJToto is planning to revalue it's non current assets to reflect market price...& big bucks are coming back from Vietnam, China property sales & Jeju Korea compensation anytime now?

Posted by faraday9933m > 2018-08-29 12:49 | Report Abuse

if VT keeps buying BJLAND in spite of the public spread issue , HE INTENDS TO PRIVITISE BJLAND.GOOD NEWS TO BJLAND SHAREHOLDERS.

freetospeak

5,883 posts

Posted by freetospeak > 2018-08-29 14:25 | Report Abuse

hong leong cap was a very good example...it was suspended in 2015 until now...lol..18.67%...but the bad thing is mr quek was not able to privatise it...lol

freetospeak

5,883 posts

Posted by freetospeak > 2018-08-29 14:49 | Report Abuse

so if Vt offer to buy at 30 sen ...jus accept it..if not it will be suspened indefinietly becoz after general offer the spread will get worse like in the case of hlcap...dropped below 10%...

freetospeak

5,883 posts

Posted by freetospeak > 2018-08-29 14:52 | Report Abuse

someone might ask y mr quek fail to privatise..becoz he is a misai man like vt too...offer price only 1.70 ...lol...the last suspended price for hlcap is 9.79...so u c..mr quek is also misai man...

freetospeak

5,883 posts

Posted by freetospeak > 2018-08-29 14:57 | Report Abuse

6 x different wow...more misai then VT...lol

gangnam

753 posts

Posted by gangnam > 2018-08-29 16:14 | Report Abuse

Lol...that's why I said it's now or never...

"Dr Yu. made a profit of RM70 million by buying 8% of Hong Leong Capital at RM1.42 versus the offer price of RM1.70 a profit of 28 sens per share!

So If u buy now at 23 - 24 sens what will be the profit if Vt really wants to privatise?

Recall that in early 2013, Yu aggressively bought into HL Cap and accumulated more than 8% of the stock, putting him in a strong bargaining position in relation to the planned buyout of the stock that is ultimately controlled by tycoon Tan Sri Quek Leng Chan of the Hong Leong group.

He reportedly made a tidy sum of RM70mil as HL Cap’s stock price soared from RM1.42 prior to Quek’s takeover...the aftermath of this debacle mr. Quek steps down as Hong Leong Capital..."

https://www.thestar.com.my/business/business-news/2016/12/17/dr-yu-nibbles-on-banking-stocks/
http://www.theedgemarkets.com/article/quek-steps-down-chairman-hong-leong-capital

and Best of all what is good for Vt is good for all BJCorp shareholders since BJCorp owns 78.65% of BJLand while... VT only owns only 1.39% direct shares in BJLand..

BJCorp shareholding (%) 78.65
VT shareholding (%) 1.39

https://klse.i3investor.com/insider/substantialShareholder/4219/24-Aug-2018/437076_3199705695.jsp

kahhoeng

3,926 posts

Posted by kahhoeng > 2018-08-29 20:26 | Report Abuse

need VT to start distributing dividend, addressing the BJLand public spread concern with an announcement and clarity on the proceeds from disposing China, Vietnam, and Jeju property project!

Posted by faraday9933m > 2018-08-30 00:27 | Report Abuse

if VT intends to privatise BJLAND ,THE OFFER PRICE WILL BE GENEROUS .check the latest annual report ,foreign funds have more than 10 percent of BJLAND.

Posted by faraday9933m > 2018-08-30 00:42 | Report Abuse

according to bjcorp annual report 2018 ,VT AND ROBIN TAN have 60 % of bjcorp .

prince4

1,459 posts

Posted by prince4 > 2018-08-30 14:26 | Report Abuse

if broke28 will extended drop to 20sen

Posted by jordanmaggie61 > 2018-08-30 14:42 | Report Abuse

Good job ! keep rising....

Beza

1,847 posts

Posted by Beza > 2018-08-30 15:25 | Report Abuse

prince4 if broke28 will extended drop to 20sen
30/08/2018 14:26

All of us know it went down to 0.27 in April, a few months ago but never dropped to 0.20. What kind of TA student you are?

DkNY

673 posts

Posted by DkNY > 2018-08-30 16:19 | Report Abuse

VT VT VT..... why?

KWSI7317

102 posts

Posted by KWSI7317 > 2018-08-30 18:37 | Report Abuse

lousy management

Posted by birkincollector > 2018-08-30 21:44 | Report Abuse

lol look at bjassets big loss

ivan9511

3,854 posts

Posted by ivan9511 > 2018-09-01 14:25 | Report Abuse

many people die on bjc hand .
what a big con gambling here
I also cannot believe bjc only 27sen
BJC got toto, food, hotel, timesq, cowway, 7-11, media and many manty rich company .
this is a joke or our money inside VT pocket for them to buy plane buy own property , new bugalow , new plane , new island , VT money can use how many billion years now since bjc from few ringgit until few sen .

this counter and MRCB is 100% not recommend by me

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