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 - 0.42

Trading Volume

4,708,900


43 people like this.

45,431 comment(s). Last comment by wsb_investor 9 hours ago

freddiehero

16,715 posts

Posted by freddiehero > 2018-09-16 22:09 | Report Abuse

yes dvd

Posted by birkincollector > 2018-09-17 10:19 | Report Abuse

Now tat even gkent got back the lrt3 project...VT may eventually get something sweet in the future. Lol

behpeisia

22 posts

Posted by behpeisia > 2018-09-18 11:01 | Report Abuse

hi

behpeisia

22 posts

Posted by behpeisia > 2018-09-18 11:02 | Report Abuse

a special message by hippo yin:
传奇人物,
就是当一个人离开江湖很久了,还有很多人会提起他。

takashi86

747 posts

Posted by takashi86 > 2018-09-18 16:04 | Report Abuse

Lol~good one @behpeisia.

If bjc really give div due to few of minority bising at AGM, i will naked run at bintang walk~
assets is one thing, profit is the main element keep the show running~

impairment lost is another trick from this magician tycoon~
VT is really a legend at his hometown, batu pahat~

smalltimer

1,501 posts

Posted by smalltimer > 2018-09-18 21:43 | Report Abuse

Berjaya Corp Annual report 2018??

https://www.berjaya.com/annual-reports.html

Not Found
The requested URL /annual-reports.html was not found on this server.

Additionally, a 404 Not Found error was encountered while trying to use an ErrorDocument to handle the request.

smalltimer

1,501 posts

Posted by smalltimer > 2018-09-18 21:46 | Report Abuse

"Btw H.R. Owen Plc, United Kingdom is now a 99.30% subsidary of BJLand instead of Berjaya Philippines (guess old fox must have quietly transferred ownership of HR Owen to BJLand without most of us realizing it earlier) refer to BJLand Annual Report 2018, BJLand Organization Chart page 27 " ?????

Berjaya Philippines Inc. holds 99.3% stake in H.R. Owen. [https://www.berjaya.com/berjaya-land/motor-retailing.php]

gangnam

753 posts

Posted by gangnam > 2018-09-19 02:00 | Report Abuse

Lol...old news...refer to latest organization chart on page 26 & 27 of BJland 2018 Annual Report below...
https://klse.i3investor.com/servlets/staticfile/337152.jsp

HR Owen Plc. is now a 99.3% subsidiary (pg. 26) of BJLand while Berjaya Philippines Inc. (pg. 27) is also an 88.26% subsidiary of BJLand...an interesting part is that Berjaya Philippines Inc. has acquired more shares in 7-Eleven recently..
http://www.theedgemarkets.com/article/berjaya-philippines-buys-more-7eleven-malaysia-shares-rm96m

OceanSky

129 posts

Posted by OceanSky > 2018-09-19 09:06 | Report Abuse

For Bj Land annual Report, in Page 26 & 27 - Corporate Structure, while Bj Land list-down their subsidiaries, their usually will list-down according to business category, regardless that they are son, grandson or grand-grand son.

Therefore, if read from this chart only, it will have confusion of HR-Owen is 99.3% subsidiary direct under Bj-Land.

Actually,
1. HR-Owen is 99.3% subsidiary of Bj Philippines ;
2. Bj Philippines is 88.26% subsidiary of Bj toto ;
3. Bj Toto is then 40.23% subsidiary of Bj Land.


Pls refer to : 49 LIST OF SUBSIDIARIES AND ASSOCIATED COMPANIES, from page 204 to 219 to has the actual relationship of them.

fl888

7,636 posts

Posted by fl888 > 2018-09-19 10:33 | Report Abuse

This 1st qtr impairment reversal to show profit...beware.......

kahhoeng

3,926 posts

Posted by kahhoeng > 2018-09-19 13:11 | Report Abuse

There should not be any impairment reversal this quarterly earning report, there's no announcement on success to claw back jeju or China money or completion of Vietnam disposal resulting in 'significant' gain...

gangnam

753 posts

Posted by gangnam > 2018-09-19 13:52 | Report Abuse

Lol...

Quote "Now tat even gkent got back the lrt3 project...VT may eventually get something sweet in the future. Lol

..read the latest circular statement dated 29 August 2018 to BJLand shareholders especially Appendix 1 before u go..there are plenty of updates on the Vietnam, China & Korea property disposals...Btw with regards to the update on Selangor Turf Club Sungei Besi land acquisition near TRX Project & Bandar Malaysia...both BJLand & Selangor Government is in the midst of negotiations for a possible (win-win) settlement by early October? (refer page 37) No wonder Vt is buying BJLand aggressively lately...no harm to follow closely behind at the all time low? "

Posted by birkincollector > 2018-09-20 08:34 | Report Abuse

interesting...bjfood, bjtoto both announced good results...may be vt wanna impress tdm....who knows big surprise from bjcorp and bjland too ;-)

Posted by knightTrader > 2018-09-20 11:13 | Report Abuse

when bjfood, bjtoto give out big dividend that mean bjcorp will also earn from receive dividend so i think vt try to push up bjcorp using this method

gangnam

753 posts

Posted by gangnam > 2018-09-20 11:45 | Report Abuse

Lol...every dog has it's day..will Vt release his hand & make it Berjaya's turn?

Beza

1,847 posts

Posted by Beza > 2018-09-20 14:05 | Report Abuse

Of course. That's why a lot of impairment done last financial year. This financial year is going to see great results and dividend.

Posted by jordanmaggie61 > 2018-09-20 14:18 | Report Abuse

This quarter is making very good profits, the best ever!

KWSI7317

102 posts

Posted by KWSI7317 > 2018-09-20 17:40 | Report Abuse

hopefully

Newcummer1

198 posts

Posted by Newcummer1 > 2018-09-20 17:42 | Report Abuse

Just keep for long term .

miniminer

500 posts

Posted by miniminer > 2018-09-20 19:25 | Report Abuse

After LGE have granted few months GST exemption across while BJCORP shares price has been declining since then. Let's wait and see how BJCORP would rates TMM&LGE 's first 100 days in office.

Posted by martinbartesque > 2018-09-20 20:39 | Report Abuse

Bought bjcorp today. Keep it for 6months n see wat will happen

Posted by martinbartesque > 2018-09-20 21:17 | Report Abuse

Consider for quite some time whether want to buy bjcorp or bjland. Lastly, i chose bjcorp

OceanSky

129 posts

Posted by OceanSky > 2018-09-21 08:51 | Report Abuse

If buy bjland,

Good side:
1. It trade at lower price of 23c, and have higher price target of 77c (from i3)
2. It enjoy direct and best results from special gain from Vietnam; return from Jeju law suit; repayment from SkyOcean.
3. Good news come STC settlement meeting with Selanagor Gorv set on 17-10-18.
4. Good news from Okinawa Hotel work after two years of planning since 30-11-16 announcement at Opening Ceremony of Kyoto Four Season Hotel.

Bad side:
1. No liquidity, 80% owned by Bjcorp, 12.9% owned by foreign fund which purchased at around RM1.00. Market retailer got only 7.1% float shares.
2. Threat of suspension by Bursa, dead-line for public spread is of 13-12-18; then shares will be suspended.

Linus Kt

114 posts

Posted by Linus Kt > 2018-09-21 14:32 | Report Abuse

Suspended??? Serious

fl888

7,636 posts

Posted by fl888 > 2018-09-21 15:44 | Report Abuse

Privatize at NTA value possible....

Beza

1,847 posts

Posted by Beza > 2018-09-21 15:47 | Report Abuse

Absolutely possible for BJLand.

Posted by MelodyMemory > 2018-09-21 16:20 | Report Abuse

BJCorp suspended by SC? Biar betul bro

Posted by MelodyMemory > 2018-09-21 16:22 | Report Abuse

VT is Ah Jib crony, Tun M taking revenge for VT supporting Ah Jib

gangnam

753 posts

Posted by gangnam > 2018-09-21 16:46 | Report Abuse

Lol...

Quote "mmm... according to the breakdown of BJLand share ownership - BJCorp has 78.65% , Vt has 1.39% , Foreign funds has 12.97% so the balance of 6.99% must be owned by retailers? so how to achieve 90% for mandatory takeover unless Vt offers a good share premium to entice Foreign institutions/ retailers to sell their 12.97% & 6.99% respectively...should privatisation takes place?

So opportunity to...Buy? or Sell? at the all time low? Only U can decide...

p.s. according to the law... if Vt offers a high price to Foreign funds in order to buy their 12.97% shares in BJLand, Vt is also bound to extend the same offer to the rest of remaining shareholders...minority inclusive...

Total BJLand shares pledged by Berjaya group of companies to local investment Banks for Loans/Funding? 55.79%

That means BJCorp is left with only (78.65 - 55.79 ) 22.86% unpledged shares and Vt's 1.39% direct shares in BJLand to play with? Out of the 80% BJland shares owned by BJCorp & VT...55.79% already pledged to Investment Banks so only 22.86% BJland share owned by BJCorp & Vt are non encumbered shares...don't think Vt's will risk suspension of BJLand shares since 55.79% of BJCorp's shares in BJLand are pledged with local Investment Banks as collaterals for company loans and funding...any smell of suspension will render the BJLand pledged shares non-marketable and make Investment Bankers nervous and will trigger margin calls for Vt...just ask uncle KYY about his experience... :)"

Posted by martinbartesque > 2018-09-21 17:28 | Report Abuse

If privatisation is true, y nobody buys bjland at 0.23?

OceanSky

129 posts

Posted by OceanSky > 2018-09-21 20:43 | Report Abuse

There is no way for Bj Land to be privatized by VT, as the foreign fund have bought at RM1; they will not easily dispose to Bj-corp at the current price of 20c ++.

Therefore, there are 2 outcomes:

1. Bj Corp release back Bj Land shares either via private placement to some local investors; or distribute back to Bj-Corp share-holders as special dividens in species. Bj-land fall back to above 20% share split at market, no suspension of listing.

2. Bj-corp choose to let Bj-land suspended, and slowly take back from the each of the retailers. Assume taken all retailers' shares exclude foreign fund holding (12.9%) up to 87.1%. Then only call for private placement; or call for special divide in species.

If those good news from China Great Mall repayment, Jeju returns; and Vietnam special gains back within few months. Believe Bj-corp will push option 1.

They have been selling to potential buyers a RM6 per shares (before 1 split into 4) in 2008.
Could they do it again at 2018 ??

wakarimas

1,043 posts

Posted by wakarimas > 2018-09-22 18:22 | Report Abuse

bjcorp is a company that i will never understand......no matter how hard i study it

KWSI7317

102 posts

Posted by KWSI7317 > 2018-09-22 22:08 | Report Abuse

complicate accounting

ocpd

762 posts

Posted by ocpd > 2018-09-24 08:34 | Report Abuse

Looking at the sheer number of subsidiaries gives me goosebumps!

Beza

1,847 posts

Posted by Beza > 2018-09-24 08:40 | Report Abuse

Pay a little money (far less than its NTA) to own so many type of business at this low price make me very excited.

Beza

1,847 posts

Posted by Beza > 2018-09-24 08:43 | Report Abuse

Will wait for the QR of BJLand today (may be) to determine whether investing more or just maintain it.

ivan9511

3,854 posts

Posted by ivan9511 > 2018-09-25 13:17 | Report Abuse

seem many is lookig good on BJland ratehr than bjc
bjc from 50sen already peo[le crazy hell cream the most undervalued stock now loss 50%.\
I get in at 40sen once then never top up
because scare 26sen then like bjland 22sen
BJc boss is VT , I scare to kacau VT as he can do everything , he is a god ?

kasinathan

961 posts

Posted by kasinathan > 2018-09-25 15:33 | Report Abuse

The worst is over. I expect the qtrly result to be announced soon is in black colour

kasinathan

961 posts

Posted by kasinathan > 2018-09-25 15:34 | Report Abuse

20% rebound in price is imminent

kasinathan

961 posts

Posted by kasinathan > 2018-09-25 15:34 | Report Abuse

Vvvvbroom....

kahhoeng

3,926 posts

Posted by kahhoeng > 2018-09-25 20:27 | Report Abuse

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

Profit/(loss) for the period 71.991 million

Profit/(loss) attributable to ordinary equity holders of the parent 16.581 million

Posted by birkincollector > 2018-09-26 06:30 | Report Abuse

Lol finally mentioned the Vietnam's deal.

Posted by martinbartesque > 2018-09-26 07:29 | Report Abuse

Gangnam, u bought bjland? Seldom see your post in bjland

cyphua

976 posts

Posted by cyphua > 2018-09-26 08:48 | Report Abuse

Some time dispose can also making loss due to purchased price high, is just close project, doing summary, is good for company but not result.

fl888

7,636 posts

Posted by fl888 > 2018-09-26 08:57 | Report Abuse

VT will announce big turnaround for BJ, like striking Jackpot..hahaha/

Posted by martinbartesque > 2018-09-26 12:18 | Report Abuse

No volume for bjcorp. Selling is heavier than buying

tw01

813 posts

Posted by tw01 > 2018-09-26 13:58 | Report Abuse

Oversold will rebound soon !

tw01

813 posts

Posted by tw01 > 2018-09-27 10:23 | Report Abuse

Sweet sweet !

kasinathan

961 posts

Posted by kasinathan > 2018-09-27 10:32 | Report Abuse

A special dividend to be announced...

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