Wantanmee is correct! Batu Pahat is the Birth Place of Many Great People. That is the reason why Batu Pahat land prices are so expensive compared to other towns in JB like Muar, Yong Peng, Segamat, Mersing, Pontian or even Jojor Baru!
Batu Pahat is also designated as one of the 5 Train Stops For KL - Spore Bullet Train.
And BJ Corp has Acres of Prime Freehold lands in Batu Pahat. Bought in year 1997 and not revalued even until today!
THIS IS THE REASON WHY CALVIN IS SO HAPPY TO BUY BJ CORP!
Yes, Calvin also like hokkien mer & lame, sarawak ko lo mer, mer johor & mer java.
Now the Best Thing About BJ Corp is
1) BUKIT TIMGGI Lands are Valued at a ridiculous price of RM1.45 psf 2) BATU PAHAT Lands Only Has A Book Value of RM2.14 psf
IT IS REALLY A NO BRAINER BUYING LANDS AT PENNIES TO THE DOLLAR BY BUYING INTO BJ CORP.
That's How Calvin Bought These
1) PERAK CORP at 60 CENTS 2) SBC CORP at 50 CENTS 3) DUTALAND at 45 CENTS 4) DAIMAN at RM1.40 5) PLENITUDE at RM1.25 6) KSL at RM1.20 7) CRESCENDO at RM1.20
BJ CORP IS ANOTHER ASSET PLAY LIKE MULPHA, MP CORP, GSB & KPSCB
NTA = NET TANGIBLE ASSET
NTA Also Mean - NOW TREASURE ACQUIRED
Buying Bukit Tinggi Lands at RM1.45 psf when it should be RM50 psf
Buying Batu Pahat Lands at RM2.14 psf when it should be RM30 to RM40psf
Calvin, I have never met a very hard working promoter like u U r on holiday in aussieland and yet u r still promoting? I really admire your hard work, on holiday but still promoting your investments U must have invested BIG BIG in bjcorp huh? R U worried on further price down on bjcorp that will affect your investment value in bjcorp?
Current trend not good lah for bjcorp. Why? I tell u why - EPS downtrend - latest Qtr EPS= -ve - NTA downhill company - Total debts = +3X market cap, could get worse - Foreign shareholders selling, getting out - Director Dato Zuraidah buy to shore up support if not price will drop further
Downtrending NTA--> So what is the BIG DEAL on DECLINING NTA?
Robin Tan has to do the following fast n furious - Cut cost, cut expenses--> improve earnings - sell off loss making companies, get cash in - Use cash inflow to reduce debt - Reduce debt --> lower interest --> less pressure on earnings - Increase earnings apart from the above two through creative biz strategies to increase earnings and revenue
Once investors see the above results, bjcorp price will surely UP lah. No need for u to promote so hard lah. Go and enjoy your much needed holiday break in aussieland lah.
BJCORP is a big conglomerate with lots of inertia. If BJCORP was truly well managed , it would not show declining EPS, down trending NTA and Total debts = +3 X Market capitalization. So the management of BJCORP has lots of management work to do to reverse the declining trends.
So the changes if taken NOW will need time of minimum 2 or more years to effect any significant turnaround in debt reduction, quality earnings growth, quality revenue growth, good ROIC figures which lead to uptrending NTA.
When you see the Robin, the springs might have over... hahahaha... tht's why... with Robin...you have to be pandai enough..otherwise your chances may...hilang...
Sunztzhe and Calvintaneng, Both if got balls, challenge each other, if BJCorp price fell below 0.4cents then Calvintaneng have to run around KLCC without wearing anything for 15 minutes in the afternoon. Likewise if BJcorp price goes above 0.6cent then sunztzhe need to run without wearing anything at KLCC, noon. Dare to take up the challenge?
Calvin, Good to know you had laughed heartily HaHaHaHa!! Please carry on laughing, its good for your health, we all need to unwind and laugh HaHaHa!! Robin had been in charge over 2 years , What had he got to show? Is VT taking over from Robin? Leadership transition gone awry?? Once down trend gained traction over past 2 years, it takes time to change direction, maybe the astute datuk knew more than all of us?? the astute datuk who sold off some portion before departing for Asian games Maybe he knew something and expect not so rosy figures over the new few quarters?? he did mention that the bjcorp share price may retest its all time low of 45.5 cents, do u recollect your conversation with him???
With due respects, a large organization takes time to arrest downtrend and to reverse trend anyway you can always buy the winning horse after the race is over, the market will always be around, good or bad times.
moven00, I am already in just in case u do not read the thread , first tranche @ 50.5 cents. To reverse downtrend, it will take more than 1 quarter , maybe a few quarters. u can always buy the winning horse after the race is over.
Frankly speaking, BJCorp is not a conglomerate for long term investment but the values appears at the medium term now ...due to many recent developments. It will be appropriate for long term holding unless its profit is consistent as Berkshire or Cheong Kong holdings (HK)..unluckily the management made many mistakes in the pass... Silver Bird (High5) is one of it... The property investment in Vietnam is another...and the recent one is the great mall of Beijing (whc is under S&P for selling)... Robin r, Robin r, ... time for u to prove your capability now...to turn this around... you shall perform at least equally or shall be even better than Tan Sri... TIME FOR YOU TO PROVE THT NOW>.... the profit.. the future prospects, the dividen and ocoz finally at the share prices...
This morning in Australia is 18% celcius! I can't even wash my hands without getting chilled.
My heart is warmed to see the Challenge! Yes! I don't mind to run round KLCC in birthday suites! Richard Branson did it anyway. HaHa!
Now I have FULL CONFIDENCE That Hong Kong people are investing in Great Mall of China. The underlying lands of Great Mall has gone up many 100% since VT first bought it.
Another Good News Today!
CIMB gave BJ AUTO Best Rating For Mazda's Accelerating Sales!
The Technology of MAZDA is UP TO DATE! The Technology of Toyota Camry was 10 years ago (Sorry to say this. Calvin also got UMW) The Technology of Honda CRV in Malaysia is 5 years old (Japan CRV not sold in Malaysia, sorry)
That's why Sales of MAZDA CX5 has 4 months' Waiting Time. It runs on 50% less petrol than Malaysian made Honda CRV.
BJ AUTO BOLEH!
ROBIN BOLEH (Mazda salespeople praised Robin highly.)
Agree 100% with u cfoong. BJCORP will need time to reverse the downtrend and Robin needs time to reverse downtrend to uptrend for EPS, Debt reduction, increasing NTA.
Wantanmee, how can it be RED. The one-off profit from disposal of BJAUTO share is already more than RM100 million. Plus other profit from all its subsidiary, total profit for this quarter will exceed RM200 million. In order to make it turn into RED, you need to have a huge loss to offset the RM200 million gain. You tell me, in which subsidiary of BJCORP can incurred a RM200 million loss?
The loss for last quarter is another story, there loss is merely an fair value adjustment, because VT sold a portion of the Times Square at lower than market value price to Sultan Johor. So from accounting perspective, the auditor has to adjust the fair value of times square, and it resulted in impairment loss in BJCORP quarter result.
If BJCorp post "loss" result in coming announcement .. than leno will suffer bad luck for 30 years straight ... if BJCorp post profit result than wantanmee, sunztzhe and novice168 will suffer bad luck for next 10 years each. Let's the CURSE begin ... muahahahahahah !
TQ BillionQ. The CURSE is a veri powerful CURSE. Many who lost the bet alredi suffer a lot of bad luck. Good example is sunztzhe who last time bet PMCorp will drop below 20 sen ... has been suffering the curse veri badly. MUAHAHAHAHAHAHAHA ! MUAHAHAHAHAHAHAHAHAH !!
I made good money from PM Corp and I am making even much more money from Censof now after selling PMCorp. Based on my entry price in Censof, PMCorp should be 36 cents now if I had held onto PMCorp. What is PMCorp price now? only 27 cents with low volume whereas Censof has high volume now. So the lesson learned for you is don't prejudge others and also don't think u r the most panlai person in this world. The fact is YOU ARE NOT THE MOST PANLAI BUT YOU CLAIM TO BE SO. IF THAT SUIT YOUR EGO BY ALL MEANS PLEASE DO SO.
By the way just in case you are unaware, Woman who always think of CURSE eventually ended up being CURSED BY THEIR OWN CURSE. HAHAHAHA
wow ... u claim your chart show that PMCorp will drop to 17 sen .. now, u come in claim u make money from pmcorp. HAHAHAHAH ... so, later BJCorp post profit .. u will also tidak malu will come in claim make money from BJCorp hah ? Where can be like that one. Anyway, since u are so damn sure BJCorp will be posting lost like u damn sure about PMCorp drop to 17 sen .. we continue with the curse lar. I also gave u headway mar ... i 30 years bad luck if wrong .. u onli 10 years bad luck niah mar. 10 years veri veri fast will pass one ... MUAHAHAHAHAHAHAH ... remember the word ... BAD LUCK ! BAD LUCK ! BAD LUCK !
If BJCORP test its all time low again at 45.5 cents, I will buy some more HAHAHAHA
Woman who always think of CURSE eventually ended up being CURSED BY THEIR OWN CURSE which boomeranged back.Remember the word ... BAD LUCK ! BAD LUCK ! BAD LUCK ! HAHAHAHA
BAD WOMAN who always think of CURSE eventually ended up being CURSED BY THEIR OWN CURSE which boomeranged back.Remember the word ... BAD LUCK ! BAD LUCK ! BAD LUCK ! HAHAHAHA
GO PLAY WITH YOUR OWN CURSE SINCE YOU ARE THE ONE WHO IS CURSING AND IT WILL BOOMERANG ONTO YOU FOR SURE IF YOU DO NOT STOP CURSING. HAHAHAHA
INILAH BARISAN KITA, BARISAN BJCORP SIAP SEDIA BERJAYA , BERJAYA UNTUK PELABUR2 BJCORP KAMI MOHON VT SEMOGA BJCORP BERJAYA BJCORP BERJAYA, KAMI PELABUR2 BJCORP BERJAYA!!
Ayoh!! This one also must teach the self proclaimed "most panlai" ARH!!
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....
Wantanmee
135 posts
Posted by Wantanmee > 2014-09-23 17:43 | Report Abuse
Bp is a dragon land. Produce 1 tun, 4 tan sri n hundreds of datuks