BERJAYA CORPORATION BHD

KLSE (MYR): BJCORP (3395)

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Last Price

0.41

Today's Change

-0.005 (1.20%)

Day's Change

0.41 - 0.42

Trading Volume

3,603,600


43 people like this.

45,420 comment(s). Last comment by purple70 2 days ago

Posted by sailang_now > 2021-04-09 10:35 | Report Abuse

More like accumulation phase as buyers more than sellers at current price?

Tibbers

570 posts

Posted by Tibbers > 2021-04-09 10:40 | Report Abuse

Yeah accumulation, u can check the buy sell history on your apps or from PC. 9.21-9.40am, the rate buying on 0.455 is quite alot during this period n even a few buy in small amount on 0.460

Posted by sailang_now > 2021-04-09 10:41 | Report Abuse

Yeah! Apps is better as can buy & sell on the go!

scanluver

1,048 posts

Posted by scanluver > 2021-04-09 10:45 | Report Abuse

Accumulated by manipulators, nonetheless. Be sure to use your children's lunch money to load up. Huat Ah!

Posted by SharkyBilis > 2021-04-09 10:46 | Report Abuse

Yep. So just keep holding. Like someone else above said (and me), the new support is now 45 ady, no need scared.

bulldog

12,157 posts

Posted by bulldog > 2021-04-09 10:46 | Report Abuse

Bj coming

Huat 6

Tibbers

570 posts

Posted by Tibbers > 2021-04-09 10:46 | Report Abuse

There u go, its moving now, hope can sustain. The buy rate quite important, to see which price they buy in, no one want to buy a loss making price if dont intend to push it. Unless they just pump it, dump it later which is most likely they do, they make money from this haha

Posted by SharkyBilis > 2021-04-09 10:46 | Report Abuse

Just look at this morning, someone attempted to push to 0.44, instantly get pushed back up to 0.45.

Posted by sailang_now > 2021-04-09 10:48 | Report Abuse

Big push upwards happening now for both BJCorp & BJLand!

rr88

6,535 posts

Posted by rr88 > 2021-04-09 10:50 | Report Abuse

Operator testing the water to see got fish or not. Looks like no fish today. No go.

Posted by sailang_now > 2021-04-09 10:54 | Report Abuse

Welcome prodigal son, looks like gloves not making money today?

Posted by EmperorFund > 2021-04-09 11:06 | Report Abuse

Abdul Jalil, who will be taking the FIRST THREE MONTHS to do a strategic review of the BCorp Group, said he was working with Robin to kickstart the transformative process and bring Vincent's future vision for the Berjaya Group to fruition.

“BCorp is a very diversified group and I am meeting my new colleagues in the various businesses to identify core and non-core assets and clustering the Group into consumer verticals, in line with our vision to become a diversified consumer group. We will engage with the public and investment community when we are ready to unveil our strategic plan.” he said.

https://www.malaymail.com/news/malaysia/2021/04/05/after-abdul-jalils-...

Kong CL

184 posts

Posted by Kong CL > 2021-04-09 11:18 | Report Abuse

see the trend now, I think today will have big gap up! mark my word at 11:18am now. sit tight

kahhoeng

3,926 posts

Posted by kahhoeng > 2021-04-09 11:42 | Report Abuse

Umobile owned by VT+others NOT bcorp

Posted by sailang_now > 2021-04-09 11:43 | Report Abuse

Celcom & digi merging soon? bjcorp & bjland should merge for economies of scale. Umobile can have backdoor listing thru one of Berjaya company like bmedia to add excitement to market?

stockraider

31,556 posts

Posted by stockraider > 2021-04-09 11:51 | Report Abuse

Since Bjcorp already hold 87% of bjland & assuming bjcorp privatise BLAND at 60 sen.........bcorp only need Rm 390m cash loh!

Since assets value of bland per share b4 revaluation is 80 sen, then bcorp will make at least rm 130m on privatization loh!

The share exchange ratio still can still maintained at 38 for 30 pegging bjcorp at 47.4 sen v bland 60 sen, should shareholders of bland chose the share option loh!

Highly affordable for bcorp to privatise bland...an easy picking fruits...very tempting for the 1st stage of value enhancement mah!

Bettyem

652 posts

Posted by Bettyem > 2021-04-09 12:55 | Report Abuse

Amitabha...ir's tme to do good for future redemption? Blessings from Master Cheng Yen...

Eddysurge

2,057 posts

Posted by Eddysurge > 2021-04-09 13:04 | Report Abuse

@stockraider, if after privatisation, you expect the value of bjcorp shall be what's and how to funding bjland projects?

Eddysurge

2,057 posts

Posted by Eddysurge > 2021-04-09 13:25 | Report Abuse

Umobile maybe can merger with redtone, trend now.

scanluver

1,048 posts

Posted by scanluver > 2021-04-09 14:27 | Report Abuse

The DiGi/Celcom merger will bury them.

Eddysurge Umobile maybe can merger with redtone, trend now.

scanluver

1,048 posts

Posted by scanluver > 2021-04-09 14:30 | Report Abuse

The new line of snake oil you're selling is very enticing :)

stockraider Since Bjcorp already hold 87% of bjland & assuming bjcorp privatise BLAND at 60 sen.........bcorp only need Rm 390m cash loh!

Since assets value of bland per share b4 revaluation is 80 sen, then bcorp will make at least rm 130m on privatization loh!

The share exchange ratio still can still maintained at 38 for 30 pegging bjcorp at 47.4 sen v bland 60 sen, should shareholders of bland chose the share option loh!

Highly affordable for bcorp to privatise bland...an easy picking fruits...very tempting for the 1st stage of value enhancement mah!

simon2020

441 posts

Posted by simon2020 > 2021-04-09 14:35 | Report Abuse

If you ask me by international market definition BJCorp with present market capitalization of only RM2.36B is only a small cap with less excess to capital & as many financial resources. By having a merger with BJLand may double the Group's market capitalization due to synergy of resources & assets promoting it to Mid-cap company which naturally will open the doors to raise funds in international money markets & also access to cheaper capital on favourable terms? This will solve the current issue of funding for BJGroup projects & also free it from the whims & fancies of raising funds from local investment banks like RHB, Maybank etc?

As for future value of BJCorp, once a benchmark of at least 60 sens has been set with the offer of at 60sens to remaining shareholders of BJLand for the merger.

"Small cap stocks tend to be more volatile and riskier investments. Small-cap firms generally have less access to capital and, overall, not as many financial resources. This makes it difficult for smaller companies to obtain the necessary financing to bridge gaps in cash flow, fund new market growth pursuits, or undertake large capital expenditures. This problem can become more severe for small-cap companies during lows in the economic cycle."

stockraider

31,556 posts

Posted by stockraider > 2021-04-09 14:54 | Report Abuse

Good question!

After privatization of bland...bcorp will not stop, the momentum value enhancement will continue loh!

The next stage is unlock bjcorp land holding in which it is landbank is a goldmine loh!

Example
1. Bukit jalil golf club
2. Bukit kiara golf club
3. Gombak golf club

Together these prime land already give a few thousand acre for berjaya loh!

Then there is bkt tinggi more than 10,000 acres where ECRL new alignment just pass thru will also contribute towards enhancement value for bcorp.

U should expect Rm 1.00 for bjcorp when they unlocked these land value which is an easy picking loh!


Posted by Eddysurge > Apr 9, 2021 1:04 PM | Report Abuse

@stockraider, if after privatisation, you expect the value of bjcorp shall be what's and how to funding bjland projects?

stockraider

31,556 posts

Posted by stockraider > 2021-04-09 15:00 | Report Abuse

As for privitization of bland...they only need Rm 390m or less...this can easily by funded by its existing group cash holdings plus compensations receipts from Great Wall Mall from China alone already Rm 650m mah!!

As Vincent Tan has undertake not to do more acquisition & by sweating the existing assets huge cash can be released to generate huge shareholders value mah!

stockraider

31,556 posts

Posted by stockraider > 2021-04-09 15:00 | Report Abuse

As for privitization of bland...they only need Rm 390m or less...this can easily by funded by its existing group cash holdings plus compensations receipts from Great Wall Mall from China alone already Rm 650m mah!!

As Vincent Tan has undertake not to do more acquisition & by sweating the existing assets huge cash can be released to generate huge shareholders value mah!

LX1323

97 posts

Posted by LX1323 > 2021-04-09 15:06 | Report Abuse

It’s a red Friday

Posted by Jonathan Keung > 2021-04-09 15:09 | Report Abuse

Expected it on Friday after BJ meteoric rise

Stocker

102 posts

Posted by Stocker > 2021-04-09 15:24 | Report Abuse

It's a stable BJ Friday

Tibbers

570 posts

Posted by Tibbers > 2021-04-09 15:46 | Report Abuse

TGIF, Jalil busy today, check his twitter, he busy promote & ask all staff to use batik to office as work attire.

LX1323

97 posts

Posted by LX1323 > 2021-04-09 15:51 | Report Abuse

WB drop below 0.1! Any chance to bounce back in medium term?

stockraider

31,556 posts

Posted by stockraider > 2021-04-09 15:59 | Report Abuse

Correct mah....!!

With recovery of Rm 650m...bcorp has cash to follow up with privatization of bland loh!!

Posted by simon2020 > Apr 9, 2021 3:40 PM | Report Abuse

Don't think so
1. The GMOC RM650 million arbitration award including interest accrued against Beijing SkyOcean by HKIAC was in May 2020.
2. Beijing SkyOcean's 70% shares in Tuopai Sheds was frozen by Beijing People Court in August 2020 to facilitate recovery of RM650 million owing to BJLand
3. The 70% shares owned by Beijing SkyOcean was successful auctioned to Fosun for RMB4.53B cash has been paid to China's court in Jan 2021 to pay Beijing SkyOcean's creditors.
4. BJLand as one of the creditors secured by the HKIAC award should received the RM 650 million anytime now?
https://www.theedgemarkets.com/article/berjaya-land-wins-rm595m-arbitr...
https://ir.fosun.com/static-files/91966076-54da-440b-9042-c821639fe21f

simon2020

441 posts

Posted by simon2020 > 2021-04-09 16:06 | Report Abuse

Followed Jalil Twitter too, in one of his latest tweets he said BJCorp performance as holding co. is dependent on its companies doing well so its really like a funds manager allocating capital, increasing & reducing weightage in its portfolios. Let see how Jalil deals with the mergers & disposal of non core assets in due course?

paulyoung

112 posts

Posted by paulyoung > 2021-04-09 16:22 | Report Abuse

no more excitement here.. price not moving up/down fast anymore..

scanluver

1,048 posts

Posted by scanluver > 2021-04-09 16:37 | Report Abuse

Is this the BIG change you are all waiting for from the new rubber stamp savior? FFS, when Burqa?

https://www.thestar.com.my/news/nation/2021/04/09/berjaya-embracing-batik-in-homage-to-malaysian-culture

Posted by sailang_now > 2021-04-09 16:37 | Report Abuse

Good to flatten the curve first mah! before can move up?

Posted by uncletantantan > 2021-04-09 16:51 | Report Abuse

ZZZZZZZZZZZZZZZZZZZZZZZ

Posted by uncletantantan > 2021-04-09 16:51 | Report Abuse

Not moving....

paperplane

21,625 posts

Posted by paperplane > 2021-04-09 16:52 | Report Abuse

batik more sexy!

miniminer

498 posts

Posted by miniminer > 2021-04-09 16:59 | Report Abuse

Batik aka Black shoe? Pakai batik target tambah berapa untung kepada Corp ya? MAS pramugari pun semua pakai batik ma, tapi cerita itu lain sikit, itu ada bapa PNB kasi banyak duit tanggung rugi......hehehe......................

Beijing SkyOcean's RM650 million ada announcement/status updates tak?

LX1323

97 posts

Posted by LX1323 > 2021-04-09 17:04 | Report Abuse

My WB sigh

Posted by birkincollector > 2021-04-09 17:16 | Report Abuse

another off market transaction of 45mil shares at 0.430....i guess its jalil again

bulldog

12,157 posts

Posted by bulldog > 2021-04-09 17:28 | Report Abuse

Accumulation in progress

Huat chaiii

chalonbon

17 posts

Posted by chalonbon > 2021-04-09 17:56 | Report Abuse

the boss is accumulating seven-eleven

Tibbers

570 posts

Posted by Tibbers > 2021-04-09 18:02 | Report Abuse

check announcement got surprise

Westeros

834 posts

Posted by Westeros > 2021-04-09 18:10 | Report Abuse

Damm so much disposed by VT and Robin....is Jalil the new owner of BJC

pete11

539 posts

Posted by pete11 > 2021-04-09 18:14 | Report Abuse

Good sign !

Valgrovest

1,237 posts

Posted by Valgrovest > 2021-04-09 18:16 | Report Abuse

VT and son selling shares in the company - not a good sign I suppose.

Westeros

834 posts

Posted by Westeros > 2021-04-09 18:17 | Report Abuse

Its a good sign lah....it means VT was really serious when he mentioned he wants to let the corporation to be run by professionals

Tibbers

570 posts

Posted by Tibbers > 2021-04-09 18:17 | Report Abuse

they sell, price didnt drop too much, infact it sustain, means someone else sapu the shares. which is good. next week is a good week.

Westeros

834 posts

Posted by Westeros > 2021-04-09 18:20 | Report Abuse

@tibbers...exactly!!

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