Posted by stockraider > 2021-06-16 14:52 | Report Abuse

THE KEY BULLISH POINTS;

1.Shares of BCorp currently trade at one-fifth of its peak value in 2010, and less than 0.2 times its net book value of RM1.78.

2.Abdul Jalil has since also acquired 181.57 million BCorp shares, representing a 3.61% stake.

BCorp unveils three-year strategic plan to streamline business, unlock value
Adam Aziz

Posted by cunoldfox > 2021-06-16 14:53 | Report Abuse

last time u talked abt VT share, everybody scare n shy away. go ask ur grandfather why..

Posted by stockraider > 2021-06-16 14:53 | Report Abuse

Read this TA report carefully mah!

Jalil coming into the board, we can see that Bjcorp’s plan is to streamline the whole business model to be more organised and unlock plenty of value within its assets. With the planned divestment of non-core assets by selling off unprofitable businesses, this can clean up the balance sheet and there are good potential to turnaround the business.

Berjaya Corp currently has about RM1.2b cash and RM5b debt. Divestment of RM2b assets within 2 years (+40sen/share) and RM5b within 5 years(RM1/share) will largely strengthen the cash position and paring down debts. If everything is in line with the restructuring plan, Bjcorp potentially turn into net cash company within few years after clearing all loss-making operations.

the restructuring plan ongoing and Bjcorp turn into profit, this will also unlock the value of other core business which was previously discounted. There are plenty of value in the group’s subsidiaries; such as U-mobile(talks of going IPO), Bjtoto(defensive and churning good profit), 7-eleven, landbanks in Bjland (worth more than RM5-6b estimated) and many others which are yet to be factored in.

Bjcorp now trading at only about 0.3x book value(a 70% discount to true value). If we strip out Bjcorp’s stake in Bjland and Bjtoto, its only 0.2x book value (a 80% discount). The conglomerate’s NTA is at RM1.18(excluding accretion from unlocking various busineses’ value), while current share price only 33sen. This means that there is a potential >400% share price upside if everything goes well for them.

Posted by dompeilee > 2021-06-16 14:54 | Report Abuse

scanluver It is nice to see that you plan to book a trip to Holland with s00hai general c0ckraider. By the time it drops to 0.20, Jalil's c0ckraider is already on the run :D

Titan I think before Jalil makes the asset sweat, it will make stockraider ass sweat 1st......hehe.
Anyway, there is no foe or allies forever. I will join force with you and ride this wild bull (at the moment siput la) when it drops to 20c.
16/06/2021 1:46 PM

LOL!!! Agreed with scanluver. Agreed with paperplane about wallstreetrookie as well. Looks down on ppl taking small positions but sendiri gasak & got EXECUTED in.LCTitan & others...

Posted by scanluver > 2021-06-16 14:58 |

Post removed.Why?

Posted by simon2020 > 2021-06-16 15:00 | Report Abuse

How low will it go?. Is there opportunity to buy at CEO's purchase price? Anyway selling pressure is not that great today.

Posted by wallstreetrookie > 2021-06-16 15:01 | Report Abuse

paperplane Oh I guess you are following that Facebook streamer smoking cigar?

I know you and followed your comment
1. Freight
2. Lctitan
3. BJCorp
4. Lioind
4. Yilai

The same pattern. So, are you a true investor that does your own due diligence or a sheep that follows guru advice on Facebook? I would assume it is the latter.

Posted by stockraider > 2021-06-16 15:03 |

Post removed.Why?

Posted by bulldog > 2021-06-16 15:13 | Report Abuse

Profit taking nicely absorb

Huat chaiii

Posted by bulldog > 2021-06-16 15:13 | Report Abuse

Be greedy when others are fearful


Huat chaiii

Posted by stockraider > 2021-06-16 15:16 | Report Abuse

Not only be Greedy....be Very greedy mah!

Huat Chaii!



Posted by bulldog > Jun 16, 2021 3:13 PM | Report Abuse

Be greedy when others are fearful


Huat chaiii

Posted by bulldog > 2021-06-16 15:18 | Report Abuse

Now pm still meet the agong... political instability.. later after all clear... technical rebounds will take place

Huat

Posted by Luckybull > 2021-06-16 15:19 | Report Abuse

Sudah Berjaya makan bilis.

Posted by scanluver > 2021-06-16 15:20 | Report Abuse

You wanna sit around to find out? :D

simon2020 How low will it go?. Is there opportunity to buy at CEO's purchase price? Anyway selling pressure is not that great today.

Posted by Protectcap > 2021-06-16 15:21 | Report Abuse

Posted by scanluver > Jun 16, 2021 2:58 PM | Report Abuse
He sell some bjcor,p bcos of cross holding of associates & bcos he wants to prevent GO when his Loan Stock mature in 2022 mah!

Just curious..what is VT cost on the loan stock ?? what he balance now have ? hmmm

Posted by paperplane > 2021-06-16 15:22 | Report Abuse

hehe, rookie, i also malas layan you. When i talk abt shipping, no one even talking about it. I know it much earlier because i read everyday. Malaysia investors is always lagging one, slow in action. When world limit up x300 time alredi in Taiwan, here shipping baru mahu move.

Alredi ppl elsewhere sudah game over on shipping and ppl here still wanna chase. Same to steel and plantation

Next is what sector i will not tell you. What guru? sifut i know, sifu no way.

my track record all here and i can smell things faster than ppl like you. I like to sell to rookie like you who loves chasing high

Posted by stockraider > 2021-06-16 15:24 | Report Abuse

VT cost on loan stock is Rm 1.00 mah!

Posted by scanluver > 2021-06-16 15:30 |

Post removed.Why?

Posted by scanluver > 2021-06-16 15:32 |

Post removed.Why?

Posted by birkincollector > 2021-06-16 15:41 | Report Abuse

started buying in from 0.300...small small ;-)

Posted by cunoldfox > 2021-06-16 15:41 | Report Abuse

old cunning fox VT, u very cruel.

Posted by cunoldfox > 2021-06-16 15:41 | Report Abuse

below 0.30 now

Posted by cunoldfox > 2021-06-16 15:41 | Report Abuse

still dropping with huge selling vilume

Posted by cunoldfox > 2021-06-16 15:42 | Report Abuse

much more than yesterday.

Posted by cunoldfox > 2021-06-16 15:42 | Report Abuse

those who bought earlier sold d

Posted by Paulnga > 2021-06-16 15:43 | Report Abuse

Hahaha, Jalil plan Kena slap by the boss?

Posted by Kong CL > 2021-06-16 15:43 | Report Abuse

the stock price tell the truth, not anyone's crystal ball telling... VT is a super musang who eats u till no bone left.

Posted by cunoldfox > 2021-06-16 15:45 | Report Abuse

old cunning fox, u very chek ark in hokkien

Posted by dompeilee > 2021-06-16 15:48 | Report Abuse

DOWN nearly 5% ... follow STUCKraider to Horlan...LOL

Posted by py1818 > 2021-06-16 15:51 | Report Abuse

How to use buletin.
If price go below support, downtrend.
If price go above resistant, uptrend.

Posted by Pcmont123 > 2021-06-16 15:52 | Report Abuse

Vt will have his karma soon...... 天谴

Posted by simon2020 > 2021-06-16 15:52 | Report Abuse

I am already here when price dropped to 13 sens and managed to grab some due to selling by Penta & Blackrock fund in 2018 due to default on payment by Beijing SkyOcean for GMOC & Jeju Project. Also around & exited when price rose to 52 sens in March. Now if got second round opportunity to buy cheap why not? when the earlier issues affecting BCorp already resolved & we now have a Transformation Plan in place?

scanluver You wanna sit around to find out? :D

simon2020 How low will it go?. Is there opportunity to buy at CEO's purchase price? Anyway selling pressure is not that great today.

Posted by Pcmont123 > 2021-06-16 15:55 | Report Abuse

人善人欺天不欺。。。。vt 不做善者终究绝后

Posted by pangkgo > 2021-06-16 16:06 | Report Abuse

You sell then he buy .... V T V

Posted by Kong CL > 2021-06-16 16:16 | Report Abuse

Mark my word, soon we will see musang huge volume dispose on 16/6/2021 at headlines news. Now everyone knows his musang trick. Push up, then huge dispose... old musang trick but many victims kena.

Posted by Pcmont123 > 2021-06-16 16:24 | Report Abuse

His personal jet or helicoktor will crash or not?

Posted by scanluver > 2021-06-16 16:28 | Report Abuse

Now that the BS restructuring plan is out, the execution stage is where the pain begins. Most companies tend to fail. You could probably buy cheaper at a later stage. All the best!

simon2020 I am already here when price dropped to 13 sens and managed to grab some due to selling by Penta & Blackrock fund in 2018 due to default on payment by Beijing SkyOcean for GMOC & Jeju Project. Also around & exited when price rose to 52 sens in March. Now if got second round opportunity to buy cheap why not? when the earlier issues affecting BCorp already resolved & we now have a Transformation Plan in place?

Posted by scanluver > 2021-06-16 16:30 |

Post removed.Why?

Posted by scanluver > 2021-06-16 16:31 | Report Abuse

Currently in the workshop :P

Pcmont123 His personal jet or helicoktor will crash or not?

Posted by bulldog > 2021-06-16 16:31 | Report Abuse

Accumulation time

Huat chaiii

Posted by paperplane > 2021-06-16 16:37 | Report Abuse

using 1 day stock price to judge is like using small dick head to think.

Posted by paperplane > 2021-06-16 16:40 | Report Abuse

you see stock price rises then get excited, no diff if you see naked ladies big boobs you get sexcited and wanna bonk that naked ladies. Just like how you chase high when price go limit up. poor mindset and low mentality. wakaka

Posted by simon2020 > 2021-06-16 16:44 | Report Abuse

Will keep an eye for lower price opportunities. Oh yes, on the issue of cross holding, Berjaya companies is expected by Jalil to sell down their shares in other Berjaya companies to free their cashflow for own biz extension rather than investing in related companies. So expect to see more VT indirect sales as the economy recovers.

scanluver Now that the BS restructuring plan is out, the execution stage is where the pain begins. Most companies tend to fail. You could probably buy cheaper at a later stage. All the best!
simon2020 I am already here when price dropped to 13 sens and managed to grab some due to selling by Penta & Blackrock fund in 2018 due to default on payment by Beijing SkyOcean for GMOC & Jeju Project. Also around & exited when price rose to 52 sens in March. Now if got second round opportunity to buy cheap why not? when the earlier issues affecting BCorp already resolved & we now have a Transformation Plan in place?

Posted by Pcmont123 > 2021-06-16 16:49 | Report Abuse

大老千的股哪里会起。。。老千的恶报很严重轻而绝后。。。重重则绝后又掉飞机。。。啊门

Posted by scanluver > 2021-06-16 16:58 |

Post removed.Why?

Posted by scanluver > 2021-06-16 17:34 | Report Abuse

Good call. It's good to know that you're not one of those desperate 'Huat Chaii' gang :P

simon2020 Will keep an eye for lower price opportunities. Oh yes, on the issue of cross holding, Berjaya companies is expected by Jalil to sell down their shares in other Berjaya companies to free their cashflow for own biz extension rather than investing in related companies. So expect to see more VT indirect sales as the economy recovers.

Posted by paperplane > 2021-06-16 17:40 | Report Abuse

/he said want lean structure, so less complicated Conglo, easier for anaylst also

Posted by Selina888 > 2021-06-16 17:43 | Report Abuse

Many years ago, lean structure, then streamline structures.........ever changing. It is only good if the company can generate shareholders wealth and declare high dividends.

Posted by shybutter > 2021-06-16 17:50 | Report Abuse

Berjaya also cannot cope up rigth now with Malaysia economic problem

Posted by hantamking > 2021-06-16 18:59 | Report Abuse

Tomoro limit up !!! Transaction volume is very high today.
Last minit good buy ^^