Posted by shortinvestor77 > 2019-08-19 20:25 | Report Abuse

BJLand soon

Posted by shortinvestor77 > 2019-08-19 20:36 | Report Abuse

Friend's complaint: (Received today from Bursa)
Dear Sir/Madam,



Reference is made to your email on the above matter.



We have escalated the complaint to our line department concerned for their further action and we will revert to you with the findings upon receipt of the same from the division.



In the meantime, should you have any queries, please do not hesitate to contact us at +603-2732 0067.



Thank you.





Bursa 2U

Bursa Malaysia Berhad

Our Ref: CC/212/19

Posted by shortinvestor77 > 2019-08-19 21:36 | Report Abuse

Don't come here to promote yours, wilsonliew. Your stock is a lousy stock. EPF is chasing GETS for more than RM700k. BUY BJLAND lah. It has RM800 mil cash.

Posted by Leong1982 > 2019-08-19 21:41 | Report Abuse

Wa... Berjaya Toto reported RM44 mil loss...

Haha what's big boss's intention??

You know I know

Posted by shortinvestor77 > 2019-08-19 21:42 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6257321

For Current Interim 2-month Period ended 30 June 2019
Berjaya Sports Toto Berhad (“BToto”) registered a revenue of RM974.9 million in the 2-month period
ended 30 June 2019 due to substantial sales contribution from its principal subsidiary, Sports Toto
Malaysia Sdn Bhd (“Sports Toto”) and from the auto retailing business operated by H.R. Owen Plc (“H.R.
Owen”).
The Group incurred a loss before tax of RM26.8 million in the 2-month period, mainly attributed to the
impairment of goodwill and assets of the disposal group relating to the Group’s leasing of lottery
equipment business in the Philippines in the current period under review. The Group would have
registered a pre-tax profit of RM51.6 million had the impairment of goodwill and assets of the disposal
group been excluded.

Posted by skyu > 2019-08-19 22:01 | Report Abuse

What a joke for bjtoto loss. Impsirement loss? These 2 years, all companies love to use impairment loss in the audit.

Posted by stockraider > 2019-08-19 22:11 | Report Abuse

Remember toto is making a profit of Rm 51.6m for this 2 mths, if u take as include the one time impairment loh...!!

The Group incurred a loss before tax of RM26.8 million in the 2-month period, mainly attributed to the
impairment of goodwill and assets of the disposal group relating to the Group’s leasing of lottery
equipment business in the Philippines in the current period under review. The Group would have
registered a pre-tax profit of RM51.6 million had the impairment of goodwill and assets of the disposal
group been excluded.

Posted by Leong1982 > 2019-08-19 22:11 | Report Abuse

44 mil loss in Berjaya Toto. 40% of 44 mil is 17-18 mil to be reflected on BJLand.

Berjaya Long Beach profit is RM17 mil.

Next quarter result... Hmmmmm

Posted by shortinvestor77 > 2019-08-19 22:13 | Report Abuse

These May-June Quarter is an extra Q. No big deal.

Posted by Good123 > 2019-08-19 22:42 | Report Abuse

Jalak

KUALA LUMPUR (Aug 19): Berjaya Sports Toto Bhd (BToto) posted a net loss of RM41.38 million in the two months ended June 30, 2019 — its first loss-making period in 15 years since 2004 — mainly due to a RM78.43 million impairment of goodwill and assets.

The group said in a stock exchange filing today that without "the impairment of goodwill and assets of the disposal group of leasing of lottery equipment business in the Philippines" that was included under its investment-related expenses, it would have registered a pre-tax profit of RM51.6 million for the period.

The Philippine Gaming Management Corp, which ceased to be an indirect subsidiary of the group following a stake dilution by Berjaya Philippines Inc in July, is presented as the disposal group in the reporting period, and classified as discontinued operation.

Its revenue for the quarter came in at RM974.92 million, mainly contributed by sales from the number forecasting operating (NFO) business at Sports Toto Malaysia Sdn Bhd (Sports Toto) and the auto retailing business operated by H.R. Owen Plc.

No comparative figures were provided, as the group has changed its financial year end from April 30 to June 30, to coincide with the new financial year end of its holding company, Berjaya Land Bhd.

Its net profit for the 14-month ended June 30 came in at RM235.05 million, on a revenue of RM6.70 billion.

Moving forward, the directors of BToto expect that the performance of its principal subsidiary, Sports Toto, will be satisfactory, and are confident that the group will continue to maintain its market share in the NFO business for the financial year ending June 30, 2020 (FY20).

BToto's share price rose three sen or 1.10% to close at RM2.76 today, translating into a market capitalisation of RM3.72 billion. It saw some 1.83 million shares traded. In the past one year, the stock has climbed about 30%.

Posted by miniminer > 2019-08-19 23:19 | Report Abuse

Ya...give a bit of encouragement cause BJland has taken some actions.......today is Tiger head snake tail, follow by a little snake.....hehehe.....
@skyu: loud thunder light rain.

Posted by skyu > 2019-08-19 23:41 | Report Abuse

let's see tomorrow then.

Posted by unorthodox > 2019-08-20 03:30 | Report Abuse

Acid test today for BJLAND share price performance!!!
If today's closing price is 0.225 or higher, then expect current uptrend to have many legs!
Any price reversal indicates short term weakness with support level at 0.200.
All the best!!!

Posted by davidkkw79 > 2019-08-20 07:13 | Report Abuse

Bjland still on the path heading to 26 sen by this week.

Posted by Jeffreyteck > 2019-08-20 07:38 | Report Abuse

Bjtoto made losses. VT is smart tycoon.

Posted by skyu > 2019-08-20 07:50 | Report Abuse

14 years and the first time making loss. Impairment loss.

Posted by shortinvestor77 > 2019-08-20 08:53 | Report Abuse

Our theme play is to get exit offer. The dead line of earlier Sept is approaching. No extension of time anymore.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6245125
Further to the announcement of Berjaya Land Berhad (“BLand”) dated 2 August 2019, the Board of Directors of BLand wishes to announce that BLand will seek the approval of Bursa Malaysia Securities Berhad for an extension of time to comply with the approved minimum public shareholding spread requirement.

Posted by shortinvestor77 > 2019-08-20 09:16 | Report Abuse

Recall on January 2019:

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6054497

The Purchase Consideration of RM0.38 per BLand share represents the following:
(i) a premium of 49.02% to the last traded price of BLand shares on 29 January 2019,
being the last full trading day prior to the date of this Announcement, of RM0.2550;
(ii) a premium of 48.90% to the 5-day VWAP of BLand shares up to and including 29
January 2019, being the last full trading day prior to the date of this Announcement,
of RM0.2552; and
(iii) a discount of 55.81% to the audited consolidated NA per BLand share as at 30 April
2018 of RM0.86.

Posted by davidkkw79 > 2019-08-20 09:20 | Report Abuse

Not worry at all, will renounce soon once flush out those weak hands

Posted by shortinvestor77 > 2019-08-20 09:20 | Report Abuse

Recall the approval by Bursa on 19 Feb, 2019:

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6068097
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS BERJAYA CORPORATION BERHAD ("BCORP") PROPOSED ACQUISITION OF 230.0 MILLION ORDINARY SHARES REPRESENTING 4.61% EQUITY INTEREST IN BERJAYA LAND BERHAD FOR A TOTAL PURCHASE CONSIDERATION OF RM87.40 MILLION ("PROPOSED ACQUISITION")
On behalf of the Board, Maybank IB wishes to announce that Bursa Securities had, via its letter dated 19 February 2019, approved the listing and quotation of 291,333,333 Consideration Shares on the Main Market of Bursa Securities subject to, among others, BCorp and Maybank IB fully complying with the relevant provisions under the Main Market Listing Requirements of Bursa Securities.

This Announcement is dated 20 February 2019.

Posted by shortinvestor77 > 2019-08-20 09:25 | Report Abuse

Time is about ripe for the exit offer to be activated once Bursa rejects the approval for lower public shareholding spread.

Posted by skyu > 2019-08-20 09:34 | Report Abuse

I just realised bjcorp purchased of bjland shares stand at 0.38cents uf based on the above statements

Posted by davidkkw79 > 2019-08-20 09:35 | Report Abuse

Now in bursa stock theme playing is privatizing theme playing, the rests not really has theme to play.

Posted by leek > 2019-08-20 09:40 | Report Abuse

ABSORBED SELLING VERY WELL

Posted by skyu > 2019-08-20 09:40 | Report Abuse

Bjland ipo at 1988 at about 25 cents. 2001 lowest at 0.088. 21 years bjland listed.

Posted by freetospeak > 2019-08-20 09:41 | Report Abuse

skyu.. u now then realised penta deal at 0.38 sen, sure or not?

Posted by skyu > 2019-08-20 10:01 | Report Abuse

Penta deal at 38 cents which I know cause the do indicate the price in the announcement bjcorp deal, I doubt until I manually calculate just now

Posted by skyu > 2019-08-20 10:02 | Report Abuse

Nor 21 years, but 31 years of listing. I was only 7 year old that time . Kakakakaa

Posted by simon2020 > 2019-08-20 10:15 | Report Abuse

Young man in 1988, I bought my first double storey house for only RM80K in Klang Valley, now the same house is worth RM400K. An appreciation of 500%. Very sure BJLand owns many properties since 1988 which has also appreciated at least 500% but has not be revalued in the books!

Posted by shortinvestor77 > 2019-08-20 11:01 | Report Abuse

TSVT knows well the actual values of BJLand.

Posted by Superb99 > 2019-08-20 11:17 | Report Abuse

price retracement kicks in....

Posted by oldflowereye > 2019-08-20 11:21 | Report Abuse

hello, sifu's, I'm new in stock market. pls may i know what follows after getting an exit offer, if that happens: How do we actually exchange the shares for cash?
TY TY :)

Posted by skyu > 2019-08-20 11:26 | Report Abuse

reverse gear

Posted by leek > 2019-08-20 11:26 | Report Abuse

HOLD ON TIGHT

VT OWNS 85.032% ALREADY... BURSA WILL QUERY HIM VERY SOON...

FINAL COUNTDOWN TO PRIVATISATION...

https://klse.i3investor.com/blogs/sinchew_company_story/220328.jsp

Posted by skyu > 2019-08-20 11:33 | Report Abuse

it was reported yesterday actually. bjland 2 months result willbe reported these couple days as well.

Posted by Bettyem > 2019-08-20 12:05 | Report Abuse

Just look at the big picture. The consolidated 14mths a/c for BJToto indicated a profit of RM239.5 million Vs a RM44.9million impairment provision on non monetary Goodwill for a BJToto Philippines subsidiary? Basic earnings for the period is 17.45 sens per share, out of which 16 sens per share was declared as dividends to shareholders.

Since BJLand owns 41% shares in BJToto, the dividends receivable will be 41% x 16 sens = 6.56 sens per share or 6.56 sens X 1,351,000,000 = RM886.33 million for the year which is rather profitable?

https://ibb.co/k5W8F6k

Posted by tiptop168 > 2019-08-20 12:07 | Report Abuse

A lot investor take profit during this bad economic environment

Posted by skyu > 2019-08-20 12:08 | Report Abuse

Then is good for Vincent tan . I don't think so, the dumping volume is dine by big boy.

Posted by oldflowereye > 2019-08-20 12:34 | Report Abuse

hello, sifu's, I'm new in stock market. pls may i know what follows after getting an exit offer, if that happens: How do we actually exchange the shares for cash?
Can any sifu pls advise?? ty so much !!

Posted by stockraider > 2019-08-20 12:37 | Report Abuse

Offer not arrive yet mah....!! Here people speculate GO will come loh..!

If offer come,it can either be cash or bjcorp share loh....!!

If share offer, u still can sell bjcorp share to exit loh....!!

Posted by oldflowereye > Aug 20, 2019 12:34 PM | Report Abuse

hello, sifu's, I'm new in stock market. pls may i know what follows after getting an exit offer, if that happens: How do we actually exchange the shares for cash?
Can any sifu pls advise?? ty so much !!

Posted by Leong1982 > 2019-08-20 12:50 | Report Abuse

Strong support at 21.5c

When 21.5c is broken, "Trader" quickly bought to support.

Very obvious something is coming lohhh

Posted by skyu > 2019-08-20 13:09 | Report Abuse

Price movement is not promising. Since oil and gas started to use impairment last 2 years, now all companies follow suit. Impairment here and there.

Posted by miniminer > 2019-08-20 13:09 | Report Abuse

Oh!...impairment boom again, old trick ler.......someone in BJtoto Finance fail to made proper accrual or make necessary provision for this write off, FIRE him!! hope this is not a setup for some purpose..... Lucky $$ from Vietnam can cover this small hole (~30 million) easily........ in other word, this ~30m firecrackers explosion is less 0.5 cent impact to BJland price.....so, do not panick......hehehe.....

Posted by Superb99 > 2019-08-20 13:13 | Report Abuse

Just one off impact, gambling business sure untung

Posted by shortinvestor77 > 2019-08-20 13:51 | Report Abuse

BJland received 3.5 cents Q dividend on 10 May from BJToto. Impairment is just 3.07 cents. Not a big deal.

Posted by skyu > 2019-08-20 13:55 | Report Abuse

u haven't include Vincent tan and their children VIP private jet use which also possibly charged into bjland account. jer youngest daughter Hermes and her husband extravagant life style possibly also charged into bjland .

Posted by Superb99 > 2019-08-20 14:10 | Report Abuse

quite normal for short term player to leave first and reenter again when the price drop, so long volume is not too huge and VT is still on the boat then should be fine. Frankly, 0.215 is still low for this counter which is having huge asset value. for privatisation motive, if minority shareholders willing to sell him cheap cheap then he is definitely more than happy...lol. VT is holding 85% of the shares because he knows the intrinsic value of this company, he has been collecting cheap shares from open market

Posted by skyu > 2019-08-20 14:12 | Report Abuse

kakaak. who knows , perhaps. when u Google bjland and bjcorp news, her daughter seems more popular than the companies. many search result pop out her daughters pictures.

Posted by Bettyem > 2019-08-20 14:42 | Report Abuse

In case u missed it, there's a fourth interim dividend payable to BJLand of 4.5 sens by BJToto on 16 August 2019 on top of 3.5 sens payable by BJToto to BJLand on 10 May 2019 making it a total of 8 sens per share for the coming consolidated a/cs?

https://ibb.co/8KkmQ77

shortinvestor77 BJland received 3.5 cents Q dividend on 10 May from BJToto. Impairment is just 3.07 cents. Not a big deal.

Posted by shortinvestor77 > 2019-08-20 14:45 | Report Abuse

That will be be recorded in new Q1 2020 financial year. Not the two month Q.