BERJAYA CORPORATION BHD

KLSE (MYR): BJCORP (3395)

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Last Price

0.41

Today's Change

-0.01 (2.38%)

Day's Change

0.41 - 0.425

Trading Volume

11,995,400


43 people like this.

45,428 comment(s). Last comment by izoklse 1 hour ago

kahhoeng

3,926 posts

Posted by kahhoeng > 2020-05-12 20:28 | Report Abuse

Just time to realise one less joker in the board has no harm...

wantanmi

309 posts

Posted by wantanmi > 2020-05-12 20:54 | Report Abuse

Yup! The main problem is that Joker is still the Chief Financial Officer holding the purse strings buying left & right at BJCorp...Btw already 5.58% shares buyback, only 4.42% left to go? After that what's next?

scanluver

1,048 posts

Posted by scanluver > 2020-05-13 13:36 | Report Abuse

It's not just the CFO, the empire has a lot of warlords with each cooking their books. This is just the tip of the iceberg. Still hoping for payouts? Don't hold your breath.

KWSI7317

102 posts

Posted by KWSI7317 > 2020-05-14 23:40 | Report Abuse

the most optimistic is distributing you dividend in specie.

kahhoeng

3,926 posts

Posted by kahhoeng > 2020-05-15 17:57 | Report Abuse

err... personally, prefer a 1-2 cents dividend while all those shares bought back be cancelled.

limkokthye

6,039 posts

Posted by limkokthye > 2020-05-15 22:53 | Report Abuse

everyday share buy back, but share cannot up

Paulnga

116 posts

Posted by Paulnga > 2020-05-18 16:00 | Report Abuse

市场大热,成功集团沒声没息,看来VT 巳经成为过去式了!

firehawk

4,781 posts

Posted by firehawk > 2020-05-19 14:35 | Report Abuse

market sizzling came, sizzling gone .... this one no affected at all, like a piece of dead water .....

Posted by shireen88 > 2020-05-19 16:50 | Report Abuse

gone.. totally gone..buy at 0.357 ... only 2 years......

rambolee

98 posts

Posted by rambolee > 2020-05-19 17:06 | Report Abuse

need to patient

Tracy123

38 posts

Posted by Tracy123 > 2020-05-19 17:32 | Report Abuse

VT真是不会感恩的人,只会玩弄小股东的大慈善家

KWSI7317

102 posts

Posted by KWSI7317 > 2020-05-20 18:35 | Report Abuse

everyday buy but price like dead water. see other stock fly like hell, really ashame to its boss.

KWSI7317

102 posts

Posted by KWSI7317 > 2020-05-20 20:26 | Report Abuse

learn huge lesson from this company

kahhoeng

3,926 posts

Posted by kahhoeng > 2020-05-20 20:30 | Report Abuse

learning how cheap billionaire can be?

KWSI7317

102 posts

Posted by KWSI7317 > 2020-05-20 20:39 | Report Abuse

promises not upheld,often ask us buy more and more. if it has sharp drop and rebound that is ok for me. but this is like hovering for several years, torture you like hell.

KWSI7317

102 posts

Posted by KWSI7317 > 2020-05-20 20:42 | Report Abuse

really learn one true color boss in bursa

KWSI7317

102 posts

Posted by KWSI7317 > 2020-05-20 20:45 | Report Abuse

even one millionaire boss can win him

hng33

19,997 posts

Posted by hng33 > 2020-05-21 09:59 | Report Abuse

bought bjcorp at 20sen

Paulnga

116 posts

Posted by Paulnga > 2020-05-21 10:03 | Report Abuse

Boss said Tan Kuku, Kuku Tan!

Paulnga

116 posts

Posted by Paulnga > 2020-05-21 10:04 | Report Abuse

Great volume but price no up? Wayang kulit only!

hng33

19,997 posts

Posted by hng33 > 2020-05-21 19:49 | Report Abuse

In upcoming Q result, bjcorp will record massive net gain RM 480m after tax from disposal four season hotel in japan, nett EPS= 9sen. Theses monetize asset worth RM 1.87 billion in total will improved bjcorp financial strength significantly. Bjcorp have consistently buyback share, accumulate almost 6% in treasury now.

hng33

19,997 posts

Posted by hng33 > 2020-05-21 20:06 | Report Abuse

With much improving Q result, expect Bjcorp to either declare share dividend or cash dividend to reward shareholder.

scanluver

1,048 posts

Posted by scanluver > 2020-05-22 10:51 | Report Abuse

hng33 LOL, I like your optimism but don't get you hopes to high

Douduo

157 posts

Posted by Douduo > 2020-05-22 10:53 | Report Abuse

Best don't touch unless you have enough to buy the whole company... VT has already shown us what he can do, NO dividend, NO price support if he's not buying, and who knows what investment strategy that minorities ONLY assured one thing so far, not getting a cent of dividend.

hng33

19,997 posts

Posted by hng33 > 2020-05-22 13:29 | Report Abuse

With treasury share accumulated to 6%, can expect share dividend 1 for 20 or cash dividend 1 sen to reward shareholder for highly success monetize four season hotel for RM 1.87 billion.

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2020-05-22 14:04 | Report Abuse

1.00 coming

hng33

19,997 posts

Posted by hng33 > 2020-05-22 14:25 | Report Abuse

Currently, in turn of investable, bjcorp is better than bjland. These is due to bjcorp benefited the most from monetize four season RM 1.87 billion (four season control by 50% bjcorp: 50% bjland) due to fact that bjcorp also control 78% stake in bjland. Therefore, bjcorp will consolidate all cash hoard proceed from RM 1.87 billion, minus small minority interest

scanluver

1,048 posts

Posted by scanluver > 2020-05-22 16:22 | Report Abuse

Duoduo Ditto! There are lots of dreamers in this thread :D

scanluver

1,048 posts

Posted by scanluver > 2020-05-22 16:24 | Report Abuse

888STOCK888 1.00? Definitely, by 2050 perhaps due to inflation :P

hng33

19,997 posts

Posted by hng33 > 2020-05-22 16:56 | Report Abuse

Good result will give strong momentum to mark up share price, stay tune

KWSI7317

102 posts

Posted by KWSI7317 > 2020-05-22 17:45 | Report Abuse

this company is very stingy, dont hope anything, just one day miracle happen.

KWSI7317

102 posts

Posted by KWSI7317 > 2020-05-22 17:45 | Report Abuse

market up it dont have part, down it has

KWSI7317

102 posts

Posted by KWSI7317 > 2020-05-22 17:48 | Report Abuse

no dignity comp, conglomarate like shit!

Jeffreyteck

4,246 posts

Posted by Jeffreyteck > 2020-05-23 08:04 | Report Abuse

Apr results should be very bad as Mar n Apr under mco, and last Apr results is unexpectedly good. Anyway the price is quite low for negative reasons and at best for trading only as price chart tells the truth.

Douduo

157 posts

Posted by Douduo > 2020-05-27 15:46 | Report Abuse

As long there is foreign selling, Berjaya will drift lower & lower even with shares buyback. A very simple theory, all investors want some return from what they invested. So, if a company doesn't give you anything, for no reason for you to hold on and support them anymore.
So, trade along with them to get something back. World is changed after 2020.

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2020-05-27 17:45 | Report Abuse

1.00 by 31 December 2020

hng33

19,997 posts

Posted by hng33 > 2020-05-27 18:43 | Report Abuse

Bjcorp 78% subsidiary bjland, is pleased to announce that GMOC has on 21 May 2020 obtained a favourable arbitration award from the HKIAC (“Final Award”), details of which are as follows:-

(i) Beijing SkyOcean shall pay to GMOC the outstanding balance amount of RMB974.07 million;

(ii) Beijing SkyOcean shall pay liquidated damages on the outstanding balance amount calculated at the People’s Bank of China’s lending rate of 4.75% per annum from the payment due date of 28 November 2017 until the date full payment is made;

(iii) The Guarantors shall be jointly and severally liable for the amounts payable by Beijing SkyOcean under the Final Award; and

(iv) The Respondents shall jointly pay legal costs of about RMB15.9 million (or about RM9.72 million) and arbitration costs of about HKD3.96 million (or about RM2.23 million) within 30 days after issuance of the Final Award, failing which late payment interest at 8% per annum shall be charged from the due date until the date of actual payment.



GMOC will proceed to seek recognition and enforcement of the Final Award in all relevant jurisdictions after 20 June 2020, upon the expiry of the 30 days’ voluntary settlement period stated in the Final Award.

Remark: a significant full write back on earlier provision impairment and extra interest charge income will be recognized

stockraider

31,556 posts

Posted by stockraider > 2020-05-27 19:20 | Report Abuse

They need to enforce the arbitration judgement in china, hopefully they are successful to get some form of payment loh...!!

Posted by kahhoeng > May 27, 2020 5:35 PM | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company...

BLand is pleased to announce that GMOC has on 21 May 2020 obtained a favourable arbitration award from the HKIAC (“Final Award”), details of which are as follows:-

(i) Beijing SkyOcean shall pay to GMOC the outstanding balance amount of RMB974.07 million;

(ii) Beijing SkyOcean shall pay liquidated damages on the outstanding balance amount calculated at the People’s Bank of China’s lending rate of 4.75% per annum from the payment due date of 28 November 2017 until the date full payment is made;

(iii) The Guarantors shall be jointly and severally liable for the amounts payable by Beijing SkyOcean under the Final Award; and

(iv) The Respondents shall jointly pay legal costs of about RMB15.9 million (or about RM9.72 million) and arbitration costs of about HKD3.96 million (or about RM2.23 million) within 30 days after issuance of the Final Award, failing which late payment interest at 8% per annum shall be charged from the due date until the date of actual payment.

GMOC will proceed to seek recognition and enforcement of the Final Award in all relevant jurisdictions after 20 June 2020, upon the expiry of the 30 days’ voluntary settlement period stated in the Final Award.

KWSI7317

102 posts

Posted by KWSI7317 > 2020-05-27 19:33 | Report Abuse

provision impairment year 2018 155mil

stockraider

31,556 posts

Posted by stockraider > 2020-05-27 19:39 | Report Abuse

Impairment of Rm 155m will be written back bcos of bjland litigation win mah..!!

Posted by KWSI7317 > May 27, 2020 7:33 PM | Report Abuse

provision impairment year 2018 155mil

KWSI7317

102 posts

Posted by KWSI7317 > 2020-05-27 20:11 | Report Abuse

you are right

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2020-05-28 12:48 | Report Abuse

It takes time... Go make money from other shares and buy BJCORP... 1.00 by 31 December 2020

Douduo

157 posts

Posted by Douduo > 2020-05-28 14:45 | Report Abuse

Right....make money from other shares like BJLand first. Only pariah counter will afraid of day traders. Don't dream about money coming back to shareholders. That never happen before after the 4 seasons and Vietnam cases. Hahahaha........
Now the boss may be planning to put the money in US or Myanmar once again like what he did before and bought a hotel in Iceland. This time VT may be thinking of more share buyback and increasing the stake in 7-11 or say invest in other glove shares. Bro, just dream. Its ok to dream that the shares will shoot up .

Loh Kok Wai W

3,609 posts

Posted by Loh Kok Wai W > 2020-05-28 15:47 | Report Abuse

All the B group counters is Ular counters....drink blood counters Dracula counters.

limkokthye

6,039 posts

Posted by limkokthye > 2020-05-28 18:30 | Report Abuse

everyday share buy back , but cannot up

chopstick

490 posts

Posted by chopstick > 2020-05-28 18:32 | Report Abuse

for god sake pls forget about this counters. bank interest better than this stagnant counter.

Eric Lim

508 posts

Posted by Eric Lim > 2020-05-29 15:19 | Report Abuse

share dividend coming

hng33

19,997 posts

Posted by hng33 > 2020-05-29 17:00 | Report Abuse

add more bjcorp at 19sen

kahhoeng

3,926 posts

Posted by kahhoeng > 2020-05-29 18:57 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3054446

Immediate Announcement on Shares Buy Back

BERJAYA CORPORATION BERHAD


Date of buy back 29 May 2020
Description of shares purchased ORDINARY SHARES
Currency Malaysian Ringgit (MYR)
Total number of shares purchased (units) 2,000,000
Minimum price paid for each share purchased ($$) 0.190
Maximum price paid for each share purchased ($$) 0.195
Total consideration paid ($$) 384,533.54
Number of shares purchased retained in treasury (units) 2,000,000
Number of shares purchased which are proposed to be cancelled (units) 0
Cumulative net outstanding treasury shares as at to-date (units) 319,600,000
Adjusted issued capital after cancellation
(no. of shares) (units) 5,214,924,527
Total number of shares purchased and/or held as treasury shares against total number of issued shares of the listed issuer (%) 6.13000

kahhoeng

3,926 posts

Posted by kahhoeng > 2020-05-29 21:02 | Report Abuse

so many companies yet to report their earning...

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