what would be the outcome of future share price.....
i) when the earning is in downturn and not visible in the near future....
ii) Couple with bad mgmt perception , so to speak...
iii) Profit of subsidiaries being diluted after seperation.....even the subsidairies can fly independently.....in a nutshell....can see but can't toucj
BJCORP is an Asset Play, and not Earning Play. Investor buy BJCORP is because they see value in the asset, not for the recurring income.
If investor are looking for Recurring income, then they should go for Maxis, Digi, Dutch Lady, F&N...etc this type of company. These types of company are generating recurring income every quarter, but their Net Tangible Asset are only 20% of their market capital.
answering from iphone now. management is good. see 7 eleven. mcdonald.starbuck coffee. kenny rogers. papa john. magni tech. atlan. cosway. bj auto. bj food.the store. bj land. bj asset. times square. inter pacific securities and many many more - all very well managed. how else would great people and co do business with bj corp . see peter lim billionaire tycoon. johor sultan. warren buffet and credit suisse buying into bj corp assets . you better wake up
BJCORP'S PRIMARY OPERATING ACTIVITY IS NOT, NOT & NOT PROPERTY. SO, IT IS NOT SO MUCH ABOUT ASSET PLAY.SOMETIMES, IT WANTED TO GET CASINO LISCENSE, SOMETIMES, WANTED TO TUMPANG THE 'CHILDREN' EG. BJ ASSET TO LOOK BETTER, SOMETIMES, WANTED TO INVLOVE IN PROPERTY.. APALAH LU BUAT? MACAM AYAM BOK KEPALA.
berry. let us put it this way. the sum total of bj corp involve deeply undervalue assets. highly profitable businesses. and speculative hope of getting other licenses. they are like 3 in one instant coffee
very good. go for the child who is in the arm of the mother - give the child a fifty thousand rm ang pow then. does it really matter if you go inside 7 eleven and buy only drinks and avoid buying others? or pay the entrance fees to the zoo and only view one type of animals only- orang utans and don't bother to see tiger. elephant or rhino? up to you as long as you buy something from7 eleven and pay fees to enter the zoo. is there any difference?
when the child need milk to survive b4 independent and can stand alone.......he will part under the umbrella of bj corp......
when the child can run and can fly......unlock value via seperation............the profit to mother get diluted.......market will readjust ........the cycle goes on and on !!!
Yes! Of Course To Each He Shall Stand or Fall By His Own Decision.
I Bought BJ Corp at 12.5 Cents in Year 2006 When I SAW BJ CORP TOOK DUNHAM BUSH, COSWAY & BJ CAPITAL PRIVATE! AND I FOLLOW VT TO BUY!
After BJ Corp crossed 50 Cents Goldman Sachs Started To Buy From 50 cents to RM1.00. My Johor Sifu joined me at 39 Cents. He also chased BJ Corp with Goldman to cross RM1.00.
And my Sifu Told Me To Sell All BJ Corp Shares at RM1.50 in 2007. A gain of 1,200%
So buying now at depressed prices we are actually buying far below Goldman (Warren) buying price.
So your experience & Calvin differ by a wide margin.
When Successful People Compare Notes They always say How Much They Make Each Year.
But for Sore Losers they only have Sob stories to tell.
So Calvin always like to surround himself with inspiring Successful people. People like Warren Buffet, Peter Lynch, John Neff, Robert Kiyosaki, Jim Rogers, and others.
These are the words of losers
1) Blaming other people for their mistakes and losses
2) Peek into the world with reservation and suspicion
3) Words like, "Oh I missed the boat"
4) " Oh I shouldn't have listened to so and so".
5) Griping words of complain. Cantankerous sore loser spirit.
Common now! Go And Read These Books
1) THE INTELLIGENT INVESTOR - Ben Graham
2) ONE UP ON WALL STREET
3) BEATING THE STREET
Last 2 By Peter Lynch
If you have not read these books . Forget about KLSE or Bursa.
Calvin, don't recycle your old, old & old story happened in 2006,BORING! Please get real & come back to 2014! 2. Since there is no way you can compare BJCorp to Berkshire; 3. You suddenly vomit out the GURUS like Warren Buffet[ spelling mistake is -Buffett, no feast here], Peter Lynch, John Neff, Robert Kiyosaki, Jim Rogers, and others. 4. don't dream.
Since there is a theory guy here...atuk also need to match his way..
1)Philip fisher :won*t invest without growth factor..as he said ..no long term earning growth, no talk. Let's verify bj corp record in the past 25 years...
2) munger : pay premium for sustainable growth entity. In today's open n transparent investment climate, you can't get value via peanut price as others trade ppl also equally good if not better than lay investor:
Ben Graham is the father of modern security. His most important contributions are:
1) concept in safety margin. Basically the risk in yr investment is lower when you pay discounted price compare to its intrinsic value. The opposite applies if you pay higher price. His weak assumption is ignore the movement in value or nta over the longer periods. He emphasis too much on pay at what price..whereas in reality the most important is value..value is partially governed by the price n earning growth. Ben advocate a portfolio of selective stocks as part of diversification for safety magin
Warren advocate concentration investment via his core competency in business as his safety margin
2) origin of contrarian approach via his metaphor mr moody market. The dicision in investment is not a matter of logic analysis alone but governed by the instability of human emotions. But with open n transparent trading system..the chance for gaining advantage via violatity has been reduce substantially
Pay price premium for business with earning growth ..year after year is munger way of investment.
None of us would know who is warren today if he strictly follow the framework laid down by ben alone.
bj and tsh are both i believe , gold mine of the year, bj so undervalue and tsh very well manage, hoping that palm oil prices rebound to 3500per ton thus coverting dreams into reality. both are yumm........................................................................y
I know a gambler who bought a lousy stock and trapped for 7 long years. This gambler has no choice but to call himself a very long term investor. This gambler made up story after story about the lousy stock with guarantee cash payout and share consolidation. The story was exposed as a big lie and the gambler shift the story again. The gambler blames the management untrustworthy and now praise the lousy stock is good again. What a contradictory statement! Maybe the right word is fork tongued snake!
The gambler sold his shares when the price reach 32 cents. The gambler wants to start his story again and this time in another lousy stock! The gambler will lie, cheat and steal! You can never win the gambler because he is living in his imagination.
Where is the gambler now? No prize for guessing it right!
I never said the gambler's identity but someone quick to admit it. It hits all the right spots. The gambler acts fast to defend himself because the fact cannot be erased. The gambler guarantee cash payout from his made up fiction story. The cash payout fail to materialised. Whose fault is it? The gambler or the untrustworthy management of lousy stock?
The gambler is well known to answer a question with another question! Wise reader, whose is untrustworthy in the case of cash payout? The gambler or the management of lousy stock? A simple question to answer except for the gambler
YOU TOLD PEOPLE ON JULY 23RD IN BJ CORP TREAD TO BUY AND KEEP BJ CORP FOR 18 MONTHS
AND YOU EVEN GIVE TARGET PRICE FOR BJ CORP
1) FIRST TARGET 70 CENTS!
2) SECOND TARGET RM1.00
3) THIRD TARGET RM1.50
Then When Calvin Came Out To Share How Undervalue BJ Corp Is - You Kept on degrading and downgrading BJ Corp.
If so bad why you told people to buy and keep for 18 months.
Is this not double tongued? Say one thing and do another.
What is your Ultimate Intention?
Ha! You didn't accumulate enough below 50 cents. So your modus operandi is to put doubt and fear in people and cause them to THROW THEIR PRECIOUS BJ CORP SHARES TO YOU.
If So, You are Mighy Sly?
Those suckers who swallowed your forked words and threw their shares have themselves to blame only. So sorry for them.
NOW LISTEN! HOLD TIGHT TIGHT YOUR BJ CORP SHARES
DATUK THE INSIDER HAS ALREADY REVEALED
YOU MUST KEEP BJ CORP FOR 18 MONTHS
AND DATUK EXPECT BJ CORP
AT 70 CENTS, THEN RM1.00 & RM1.50
HAHAHAHAHAHAHAHAHAHA!
CHANTEEEEK
A BIG THANK YOU TO DATUK
Or DOUBLE TONGUED TUK
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
datuk
4,935 posts
Posted by datuk > 2014-09-04 12:17 | Report Abuse
Bj corp can't compared to YTL.......how to compare Berkshire???? ka ki kong, ka ki song! kikikiki