BERJAYA LAND BHD

KLSE (MYR): BJLAND (4219)

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Last Price

0.26

Today's Change

0.00 (0.00%)

Day's Change

0.25 - 0.26

Trading Volume

872,500


2 people like this.

11,469 comment(s). Last comment by bulldog 2 days ago

Bettyem

604 posts

Posted by Bettyem > 2 months ago | Report Abuse

BJland coming QTR report may be similar to Pavillion with properties & Biz in golden triangle, KL?
https://www.klsescreener.com/v2/news/view/1023707

Bettyem

604 posts

Posted by Bettyem > 1 month ago | Report Abuse

BCorp bought 44M BLand shares at 25 sens each on 1/8.

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : Dealings During Closed Period | https://www.klsescreener.com/v2/announcements/view/3588527

Bettyem

604 posts

Posted by Bettyem > 1 month ago | Report Abuse

BCorp bought 44M BLand shares at 25 sens each on 1/8.

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : Dealings During Closed Period | https://www.klsescreener.com/v2/announcements/view/3588527

ocbc

374 posts

Posted by ocbc > 1 month ago | Report Abuse

sell @ 0.25 and buy more @0.25

ocbc

374 posts

Posted by ocbc > 1 month ago | Report Abuse

compress spring for too long...when will release >>>

Sslee

10,790 posts

Posted by Sslee > 1 month ago | Report Abuse

Sooner or later VT need to rectify bjland public holding spread of min 20%

bulldog

11,187 posts

Posted by bulldog > 1 month ago | Report Abuse

Accumulation in progress


Huat chaiii

ocbc

374 posts

Posted by ocbc > 1 month ago | Report Abuse

Maybe Insas can run faster ?? Waited for too long may want to swicth horse lor

stockraider

30,487 posts

Posted by stockraider > 1 month ago | Report Abuse

Vt already rectified by selling some bjland mah!
Posted by Sslee > 6 days ago | Report Abuse

Sooner or later VT need to rectify bjland public holding spread of min 20%

simon2020

414 posts

Posted by simon2020 > 1 month ago | Report Abuse

If really rectified... let's wait for official announcement? Btw VT has been selling BJCorp via direct biz transaction to bankers for goreng purpose since GE15 is around the corner and is expected to fund his political masters?

ocbc

374 posts

Posted by ocbc > 1 month ago | Report Abuse

his political master no power lah.

simon2020

414 posts

Posted by simon2020 > 1 month ago | Report Abuse

VT has more then one political masters...being a shrewd bizman he's friendly with whoever can further his biz interests...just look at Johor, Pahang, Sabah & Selangor you'll understand.

simon2020

414 posts

Posted by simon2020 > 1 month ago | Report Abuse

We like VT's gameplay. Once he dispose another 1.36% or 66.6M BJLand shares via direct Biz Transaction to a friendly party of proxy player, VT will meet Bursa's minimum requirements of 20% liquidity float...then history may repeats as what happened in 2008...

@skynet2000
Presently VT have revert the game play, he dispose off the 140mil shares to "friendly party" or "Proxy Player".
with one more round of 140mil shares disposal, Bj Land will back to liquitable position.
Then MEGA plans could be in place immediately afterward.
As what have been happened on Bj Land, at 2008, after price boosted, only declares plenty of MEGA projects at oversea.

1)Direct interest
Tan Sri Dato' Seri Vincent Tan Chee Yioun
Direct (units) 66,660,400
Direct (%) 1.355
Indirect/deemed interest (units) 4,003,370,372
Indirect/deemed interest (%) 81.361
Date of notice 05 Aug 2022

stockraider

30,487 posts

Posted by stockraider > 1 month ago | Report Abuse

Very bullish indicator for bland loh!

Posted by roundcateye > 1 month ago | Report Abuse

Instead of squeezing ikan bilis and time and again empty promises to shareholders, If VT focuses his attention to his businesses and grooming next generation of management, his wealth would have grown by tenfold. What a sad story. Time to change.

bulldog

11,187 posts

Posted by bulldog > 1 month ago | Report Abuse

Accumulation in progress


Huat chaiii

simon2020

414 posts

Posted by simon2020 > 1 month ago | Report Abuse

Since VT is not sharing his moves, let's share the key events to lookout for on BJLand.
1. QTR. 4 result will be out by 24 August next week. BJLand should show improved results with opening of Covid restrictions & economy.
2. VT needs to sell another 2.948% or 14.74M shares to meet Bursa's 20% Liquidity spread by 22 Sept.
3. So far VT has only sold BJLand shares via direct biz transactions to friendly parties or proxies and not in open market. VT's apparently trying to convince minority he's meeting 20% liquidity spread or is he selling BJLand shares to a proxy in preparation for a GO sooner or later since all the money making assets is hidden in BJLand?

Either way there should be exiting times for BJLand shareholders before GE15?

skynet2000
Presently VT have revert the game play, he dispose off the 140mil shares to "friendly party" or "Proxy Player".
with one more round of 140mil shares disposal, Bj Land will back to liquitable position.
Then MEGA plans could be in place immediately afterward.
As what have been happened on Bj Land, at 2008, after price boosted, only declares plenty of MEGA projects at oversea.

kahhoeng

3,625 posts

Posted by kahhoeng > 1 month ago | Report Abuse

bjland is already tightly held by VT and BCorp. It's share price is no longer determined by the market, only VT knows what Bjland should be traded at anytime...

stockraider

30,487 posts

Posted by stockraider > 1 month ago | Report Abuse

Very steady mah!

Posted by roundcateye > 1 month ago | Report Abuse

Since there is result improvement, any dividend?

Posted by skynet2000 > 1 month ago | Report Abuse

Dear buddy,
as usually Q4 will come with impairment losses at year end result, unless the Q4 result is so strong, expected Q4 will still register as loss making.

simon2020

414 posts

Posted by simon2020 > 1 month ago | Report Abuse

There's a RM600M arbitration award due anytime to BJLand.
Once paid the previous impairment losess attributed will be reversed into gains for BJLand.

https://www.theedgemarkets.com/article/berjaya-land-wins-rm595m-arbitration-award-against-chinese-mall-buyer

Bettyem

604 posts

Posted by Bettyem > 1 month ago | Report Abuse

Bullish breakout soon?
https://www.klsescreener.com/v2/news/view/1032145

stockraider

30,487 posts

Posted by stockraider > 1 month ago | Report Abuse

BJLAND theme song

You can win if you want
If you want it you will win
On your way you will see
That life is more than fantasy
Take my hand follow me
And your feelings will be right
Hold me tight

ocbc

374 posts

Posted by ocbc > 1 month ago | Report Abuse

600m coming soon, please come come

bulldog

11,187 posts

Posted by bulldog > 1 month ago | Report Abuse

Accumulation in progress


Huat chaiii

stockraider

30,487 posts

Posted by stockraider > 1 month ago | Report Abuse

Yes buy loh!

Posted by scn12345678 > 1 month ago | Report Abuse

Old story, 595m arbitration award, hi hi

Bettyem

604 posts

Posted by Bettyem > 4 weeks ago | Report Abuse

FOR IMMEDIATE RELEASE 30 AUGUST 2022BCORP REGISTERS HIGHER REVENUE WITH A PRE-TAX PROFIT OF RM225.2MILLION AND AN ATTRIBUTABLE PROFIT TO SHAREHOLDERS OF RM54.4MILLION FOR FY2022For the 4th Quarter ended 30 June 2022 Berjaya Corporation Berhad (“BCorp”) posted higher revenue of RM2.35 billion, representing an increase of 34% from RM1.75 billion in the corresponding quarter of the previous year. The higher revenue is in line with the increased revenue in all business segments following the resumption of international and domestic travel and further relaxation of the COVID-19 standard operating procedures. In the non-food retail segment, H.R. Owen Plc ("HR Owen") generated higher revenue arising from the higher sales recorded from both new and used car sectors upon the gradual recovery in supply volume after the earlier supply chain disruption.Meanwhile, the food retail segment also contributed higher revenue mainly due to higher same-store-sales growth particularly from Starbucks cafe outlets as well as from the opening of new Starbucks cafe outlets during the financial year. The property segment reported higher revenue driven by higher property progress billings reported from its local project at The Tropika, Bukit Jalil, and higher sales from its overseas residence unit. The hospitality segment also delivered higher revenue as a result of the higher overall occupancy and average room rates reported by the hotels and resorts business, in particular from the hotels in Iceland after the easing of travel and social restrictions during the current quarter under review. The higher revenue in the services segment is driven by STM Lottery Sdn Bhd (formerly known as Sports Toto Malaysia Sdn Bhd) ("STM Lottery"). The higher number of draws conducted, which was forty two (42) draws in the current quarter under review as opposed to only twenty eight (28) draws in the previous year’s corresponding quarter contributed to the increased revenue by STM Lottery. The Group's profit from operations surged by about 779% to RM186.2 million from RM21.2 million in the previous year corresponding quarter, which was in tandem with the higher revenue reported by all the business segments. The pre-tax loss for the quarter under review narrowed by 92% to RM 16.72 million from RM 208.10 million loss in the corresponding quarter of the previous year with the overall improved performance from the Group’s operations. The loss was due to the provision of partial impairment on balance sale proceeds of the Great Mall Project (“GMOC”) amounting to RM197.8 million in view of the prolonged and arduous enforcement procedures of the arbitration award. Notwithstanding the partial impairment made, GMOC is vigorously pursuing enforcement in both jurisdictions in the PRC and Hong Kong. Excluding the partial impairment of RM197.8 million, the Group would have reported a pre-tax profit of about RM181.1 million.Page 1 of 3For the financial year ended 30 June 2022The Group reported higher revenue at RM8.21 billion from RM7.46 billion in the previous financial year, representing an increase of 10%. The better revenue for the financial year under review was mainly contributed by the retail and hospitality segments. The non-food retail segment’s higher revenue was bolstered by stronger sales registered by HR Owen resulting from the strong demand with the gradual supply volume recovery and pre-mix tailwinds leading to strong used car profit margin due to the earlier supply chain disruption in the new car sector.The food retail segment reported a higher revenue mainly due to higher same-store-sales growth particularly from Starbucks cafe outlets as well as from the opening of new Starbucks cafe outlets during the financial year. The hospitality segment posted higher revenue as the hotel and resorts business reported higher overall average occupancy and room rates during the financial year under review with the easing of international travel restrictions. The property segment registered lower revenue due to lower overall property progress billings and lower sales from the overseas residence unit in the current financial year under review. On the other hand, the services segment reported lower revenue mainly due to lower revenue reported by STM Lottery and the financial services business. For the current year under review, the cancellation of thirty seven (37) draws has resulted in STM Lottery's drop in revenue.The Group achieved pre-tax profit of RM225.21 million versus RM260.39 million pre-tax loss in the previous financial year. The pre-tax profit reported for the current year under review was mainly contributed by the retail and hospitality segments. In addition, the higher net investment-related income and the share of better results from associates and joint ventures also further improved the Group's results.

simon2020

414 posts

Posted by simon2020 > 4 weeks ago | Report Abuse

Very interesting. Looks like BJCorp's turnaround is mainly due to businesses parked under BJLand?

"The higher revenue is in line with the increased revenue in all business segments following the resumption of international and domestic travel and further relaxation of the COVID-19 standard operating procedures. In the non-food retail segment, H.R. Owen Plc ("HR Owen") generated higher revenue arising from the higher sales recorded from both new and used car sectors upon the gradual recovery in supply volume after the earlier supply chain disruption. The property segment reported higher revenue driven by higher property progress billings reported from its local project at The Tropika, Bukit Jalil, and higher sales from its overseas residence unit. The hospitality segment also delivered higher revenue as a result of the higher overall occupancy and average room rates reported by the hotels and resorts business, in particular from the hotels in Iceland after the easing of travel and social restrictions during the current quarter under review. The higher revenue in the services segment is driven by STM Lottery Sdn Bhd (formerly known as Sports Toto Malaysia Sdn Bhd) ("STM Lottery"). The higher number of draws conducted, which was forty two (42) draws in the current quarter under review as opposed to only twenty eight (28) draws in the previous year’s corresponding quarter contributed to the increased revenue by STM Lottery. The Group's profit from operations surged by about 779% to RM186.2 million from RM21.2 million in the previous year corresponding quarter, which was in tandem with the higher revenue reported by all the business segments.

ocbc

374 posts

Posted by ocbc > 3 weeks ago | Report Abuse

@Simon2020
That why TSVT own close to 80% of Bjland than Bjcorp mah. Good stuffs keep more.

simon2020

414 posts

Posted by simon2020 > 3 weeks ago | Report Abuse

Correct! Just collect quietly on any dips since BJCorp has turnaround, treat as FD & wait for VT to make his moves.

ocbc
@Simon2020
That why TSVT own close to 80% of Bjland than Bjcorp mah. Good stuffs keep more.

Bettyem

604 posts

Posted by Bettyem > 3 weeks ago | Report Abuse

VT acquired 30million BJLand shares in direct biz transaction.

Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN | https://www.klsescreener.com/v2/announcements/view/3604599

miniminer

418 posts

Posted by miniminer > 3 weeks ago | Report Abuse

"The Board of Directors of BLand is aware of its responsibility to comply with the Approved Public Spread" This is due on 22 Sept 22.
BJland still in lost making after government has open country economic, the loss making CFO still firmly on the job with so much of impairment and unallocated cost.

BJland making $$ or not is none of someone problem, but you invested into Public listed Bjland company, that's is your problems ........hehehe.........................

ocbc

374 posts

Posted by ocbc > 1 week ago | Report Abuse

2 more days to go

bulldog

11,187 posts

Posted by bulldog > 1 week ago | Report Abuse

Accumulation in progress


Huat chaiii

Chu7811

2 posts

Posted by Chu7811 > 1 week ago | Report Abuse

@ocbc what 2 more days to go?

ocbc

374 posts

Posted by ocbc > 1 week ago | Report Abuse

@Chu7811

deadline to meet the public shareholding spread requirement... or better privatised it

TheContrarian

7,338 posts

Posted by TheContrarian > 1 week ago | Report Abuse

Announcement already out.

miniminer

418 posts

Posted by miniminer > 1 week ago | Report Abuse

Yup, another 6 months as expected.

"The Management of BLand will continue to explore and identify a feasible rectification plan to address the shortfall in the Approved Public Spread."

The management and CFO not even can turn the company to profit while most companies already recovered, BJland still continues lost making.

simon2020

414 posts

Posted by simon2020 > 1 week ago | Report Abuse

Looks like VT's into reverse gameplay..just hold tight..treat as FD and wait for his next moves..VT's going to list a subsidiary in Singapore...maybe BJLand is next?

Currently, the public shareholding spread of BLand stands at 16.50%, a shortfall of 3.50%. The Management of BLand will continue to explore and identify a feasible rectification plan to address the shortfall in the Approved Public Spread.

skynet2000
Presently VT have revert the game play, he dispose off the 140mil shares to "friendly party" or "Proxy Player".
with one more round of 140mil shares disposal, Bj Land will back to liquitable position.
Then MEGA plans could be in place immediately afterward.
As what have been happened on Bj Land, at 2008, after price boosted, only declares plenty of MEGA projects at oversea.

Bettyem

604 posts

Posted by Bettyem > 6 days ago | Report Abuse

SIAMH listing in Singapore
https://www.klsescreener.com/v2/news/view/1043113

bulldog

11,187 posts

Posted by bulldog > 5 days ago | Report Abuse

Accumulation in progress


Huat chaiii

minher

273 posts

Posted by minher > 5 days ago | Report Abuse

BJCORP & BJLAND moving

minher

273 posts

Posted by minher > 5 days ago | Report Abuse

BJLAND privatisation very soon ?

dompeilee

11,027 posts

Posted by dompeilee > 5 days ago | Report Abuse

Finally finally finally it shows a paper profit on my re-purchased shares from more than a year ago...

thesteward

6,592 posts

Posted by thesteward > 5 days ago | Report Abuse

Bjland directors should be Abit more dignified n push it to at least 80pct of the Nta value la . If not who on the earth wants this investment . Might as well privatize la . Time to give back to your investors who believe in you la. Dignified abit la

dompeilee

11,027 posts

Posted by dompeilee > 4 days ago | Report Abuse

They care abt grabbing your $$$ more than 'dignity' (or integrity)

bulldog

11,187 posts

Posted by bulldog > 2 days ago | Report Abuse

Accumulation in progress


Huat chaiii

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