Of course not. As a matter of fact it will make the share more concentrated. When the owner buying back the shares, this will reduce the amount of share supply to outsider like us. And less supply mean more demand. And this will cause the share price to shoot up. The more share VT held, the more he will work hard and make sure the company earn more money. More money go to his pocket also mean more money goin into my pocket because i also bought a lot of BJCorp at 50 sen like VT and Zurainah. This is wat people call ... let the money work for u.
The problem is HE keeps on dumping millions ahead RM0.50. In summary, he is controlling the price at RM 0.50. Public trust is low already, still doing this crazy action. More he is doing this, all investors will run away and his price really maintain at RM 0.50. Definitely price cannot go down to RM 0.475 due to his buyback but price also cannot rise up. Hard to wait his mood is good then release all priceblocks. This week is the time already. Will he release all the blockage and launch a series of good news ?
Whoever dumping by millions also will be out of milllions of shares. And soon, those who dumping will be out of shares to dump mar. Those buying now will be the winner lor. History will repeat itself ... buy low, always buy low. Now is Low. When u have super power engine ... than it is matter of time the engine will and can perform. If i to drive a BMW turbo car vs Hamilton driving proton sawi ... u think who will win ? It is a matter of time i will learn how to drive fast fast mar ... but proton sawi cannot suddenly become turbo car mar. Now is the BEST time to buy.
Leno,if VT is buying back,it would show in the insider trading the price he paid; which would be around the current market price. But The insider trading shows that he acquired the shares at 0.00; which may mean bonus stock issue. This may mean dilution of share value.
novice .. i think u use out of date accounting book .. last time (about 50 years ago) .. if insider acquire at 0.00 it may mean bonus issue. But since last 50 years, anything traded at 0.00 is not bonus issue mar. It means he acquire thru other subsidiary which own another subsidiary. So, now u can rest assure no dilution of share but confirm concentration of share has happen.
correct, so UBS and JPMorgan is not insider but an outsider. When outsiders selling, it mean the outsider are desperate. U know lar, their own countries now in deep sheet. So have to liquidate at cheap price to pay interest from loan they take from China and Japan. And when desperate outsiders sell, insiders VT and Zurainah buy ... can onli mean one thing. We must follow lor. Sure make money one. Because if lose money, VT and Zurainah will be the top loser and become the laughing stock. That ... VT will not let it happen one. All this is common sense and base on true fact.
Establishment of Operation of Vietnam TOTO may take 1 yr from May this yr... it is under negotiation of T& C but when it was announced BJ Corp didnt jump much... surprise me.... because acquisition of 49% of Starbucks oledi making BJ Food jumping out by double and it may need capital to finance the acquisition but Toto bisnes need not much initial capital...because it can be extend gradually or by franchising.... haha... big surpise... it is not used to be Tan Sri way...
This stock can go in one. Have faith in Calvin and bones.. So far already made so much money from their tips.. Just wait a lil longer and you will be rewarded..
Have faith in the coming quarter result. Gain from disposal of BJAUTO will be reflected in this quarter report. This is not a few hundred thousand gain, it is few hunder million gain!!!
Ha ha, hope Leno sifu is correct, then Novice can learn from sifu and invest in BJ corp. I am new to investment and have so many questions hence call myself Novice. I have the money and will join BJ millionaire club if the trend goes up. keeping a close watch from now on.
Datuk belum balik from Asian Games... hehe... he shall be the one in Millionaire club as well but he will choose to sell portions of BJCorp for various reasons... Perhaps he may know some insider info...into it...esp for coming few qtrs...
Financial Statements For Berjaya Corp Bhd (BC); as reported by Bloomberg business week: Year over year, Berjaya Corporation has seen their bottom line shrink from a gain of 75.0M MYR to a loss of 148.9M MYR despite an increase in revenues from 7.4B MYR to 8.7B MYR. An increase in the percentage of sales devoted to cost of goods sold from 66.63% to 69.08% was a key component in the falling bottom line in the face of rising revenues. Is this the reason why the foreign funds are selling? Sorry so many question from a Novice. Still learning.
BJ Land report 39% lower profit...same for BJ toto...also reported lower profit comparing last year.. BJ Corp has to rely on its own...rather than these 2 subsidiaries this time for the betterment of profitability... challenges going on..Let see any surprises..
Otherwise...all shareholders may hav their hard faces showing during the coming October end AGM... and Robin is sure to be tembak...af in top post for 2 yrs but the performance of the grp is getting worst,,
Hope for the best! prepare for the worst... its LD has to pay another RM25 by coming October end... haha... this is the consolation prize.
EPS 2013= 1.7 cents. EPS had been on downtrend. Based on yesterday's closing, Market cap=RM 2.1718 Billion but Ttl Debts=+RM 6 Billion. Last quarter result was negative. EPS 2014= ?????
Financial Institutions will more worry than shareholders if the debt's many many fold of the company's value. That is a hint showing the share price is under quote. But please bear in mind that market will judge the share counter not only the Company value, most importantly how potential and how good it able to generate the profit in current and future.
Remember These Investment Guidelines That Will Never Fail
1) VT BUYING & BUYING AT 50 to 51 CENTS. Any price you buy below him is Safe. He goes in front. And if there are losses - he will feel it first. He invested his Own Personal Money
2) DATO ZURAINAH Also Went In Front of the Battle By Committing Her Own Money
3) COMPANY SHARE BUY BACK TRIGGERED AT BELOW 50 CENTS.
4) HIGHLY VALUABLE ASSETS WORTH MORE THAN RM60 to RM150 BILLIONS. Don't just see RM6 Billions Debt. And Paid up Capital of only RM2 billions Only Tell Us That Mr. Market has myopic eye sight. BJ CORP IS SELLING AT HUGE DISCOUNT TO NTA!
5) WARREN BUFFET Saw This Undervaluation All the Way From USA. Calvin once saw PERAK CORP's Great Value When It Was 60 Cents. I saw it from Singapore whereas none of the people saw any thing good in Perak Corp then
PERAK CORP SHOT UP TO RM3.60 (UP 600%) CALVIN WAS PROVEN RIGHT AT LAST!
Calvin Saw BJ CORP As A Great Value Buy From Singapore
This Morning Calvin is in Australia. AND CALVIN SEE EVEN MORE CLEARLY THAN EVER! BJ CORP WILL GO TO RM2.50 SOME DAY!!
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....
leno
6,123 posts
Posted by leno > 2014-09-22 12:06 | Report Abuse
Of course not. As a matter of fact it will make the share more concentrated. When the owner buying back the shares, this will reduce the amount of share supply to outsider like us. And less supply mean more demand. And this will cause the share price to shoot up. The more share VT held, the more he will work hard and make sure the company earn more money. More money go to his pocket also mean more money goin into my pocket because i also bought a lot of BJCorp at 50 sen like VT and Zurainah. This is wat people call ... let the money work for u.