Posted by kahhoeng > 2019-08-25 23:01 | Report Abuse

sengsoon PART ５　：　 蓬山此去无多路，青鸟殷勤为探看 20190825

Fainted, total number of shares outstanding is 5 billion, 15% is equivalent to 750 million, NOT 75 million lah!

Posted by Bettyem > 2019-08-25 23:37 | Report Abuse

Right! if no corrections in light of new facts established...the analysis is faulty anyway & discredited! Btw seems pro-establishment & not on minority side?

Posted by ignissimia > 2019-08-26 05:56 | Report Abuse

I would attribute the error to Google Translation which is what I use to read Chinese. I find Sengsoon's analysis reasonable because my mind auto corrects the 2 figures.

Posted by unorthodox > 2019-08-26 08:07 | Report Abuse

Bursa Malaysia will be in a sea of red today!
Another acid test for BJLAND share price performance!
My target price to sell still remain at 0.260.
All the best for current shareholders!

Posted by sengsoon > 2019-08-26 08:55 | Report Abuse

Good morning, thanks for all and your finding on my mistake.

Posted by Leon123 > 2019-08-26 09:13 | Report Abuse

蓬山should be 蓬萊

Posted by RosAng > 2019-08-26 09:39 | Report Abuse

Privatise at 38

Buy now 50% gain

Posted by RosAng > 2019-08-26 09:41 | Report Abuse

Hurry Hurry

No time oledi

Posted by Bettyem > 2019-08-26 10:00 | Report Abuse

忽略噪音只是跟随你的心脏并逢低买入!

Posted by shortinvestor77 > 2019-08-26 10:23 | Report Abuse

https://klse.i3investor.com/blogs/rights_of_minority_shareholder/221425.jsp

Posted by firehawk > 2019-08-26 11:14 | Report Abuse

price stop rising /stagnant .... speculators /contra players would press the panic button anytime .....

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

panic button @0.22 was pressed ... so fast!

Posted by birkincollector > 2019-08-26 11:53 | Report Abuse

unfortunately even the market sided with VT

Posted by gangnam > 2019-08-26 11:57 | Report Abuse

Lol...hope to collect some cheap!

Posted by sengsoon > 2019-08-26 12:00 | Report Abuse

PART５　：　 蓬山此去无多路，青鸟殷勤为探看 20190825 （REVISED）

一。）触媒引发向北：

今年8月20日，看了某作者的BLOG， 里面说“成功置地公众持股不足15%，股票流通率不高，导致股价和成交量向来平平无奇“， 看了这样的文章，真是感觉不舒服，认为作者一点功课都没有做，就胡乱地乱写，真不晓得如何可以做出这样的判定？而短短的一个句子里就找到二项错误：
- 股票流通率不高？真是好令人疑惑，事实是由于流通率太高，以致买方一直被卖方追打的状态。甚至买方非常积极的扯购，但都因为卖方的票据太多而节节败退。
- 成交量向来平平无奇？又是一句莫名其妙的话，此股过去半年每日的成交量不包括近期最少也有几百万股，最多时有一到二千万股，有时还升入10大交易量里。

根据以上作者的言论，也许作者以为散户手握只有15%，因此猜想流通量就不会高？根据流通量不高推算，所以才有得出成交量不高的结论，真是纸上谈兵，脱离现实太远，完全没有观察实际的状况就来下定论。

此股直到近期才由本人在PART 2上所迷：”若有任何触媒发生，目前的股价胶着状态就可以很快被打破向上挺走“（请参阅PAGE75日期12。7。2019 https://klse.i3investor.com/servlets/forum/800000666.jsp?ftp=75），事实也确实如此。这次的触媒是由大户积极的入场购买自家的股票触发的，以致最后形成有力的势头，由本月5日开始逆转股价，由过去接近5个月的往南转为朝北的方向前进。

二。）庞大的交易量：

此股根据散户拥有15%的股票数量，计算后只有750，000，000股可以用于每日的交易，但22。8。2019的当日交易量竟然接近5千万股，相当庞大，卖压沉重。假定大户手上的85%没有出售或者发生借票的情况，当日的交易应该完全集中在15%散户掌握的范围里，而根据检阅此股又不列入Short Trade的股票交易里，可以形成如此庞大的交易量委实不容易？尤其是已经有消息在市面上流传此股将要私有化时，到底是什么原因还有这么多股票持有人要在这样的价位里卖出？多数情况，也许可能发生在某些散户低价买入获利后出货，或者被积压许久，在此价位寻求一时的解脱，然后跌回时再购入。如是前者，则散户极为短视，很容易便会满足一点小利。如是后者，此类散户非常没有定力，完全不适合在股票市场上投资，此类散户前怕狼后怕虎，患得患失的。前后二者，基本上最后差不多可以说入宝山空手而归。

在当日这么庞大接近５千万的交易量里，也成为在当日排行第一最活跃的股票，但整日股价临尾闭市时只被推上了１　仙。散户的坚持买入和另外一方任意的卖出，几乎最终差不多要功亏一篑，真是令人何其难堪？如此说来，此股会被大户说成非常被低估的股票，只要观察当日的交易量，就可以明显的发现此股的卖压如何庞大了。在大户已经掌握８５％时还会出现这样高的卖压，如果大户没有掌握８５％的情况下，所出现的卖压和想把股票推高所需的交易量，真的难以想象，是多么的困难要把股价往前推上一步？所以此股长期停留在低价位，任何时候卖压都非常沉重是应该被归咎的一个原因之一。

就算以目前来说，股票朝上的动能，可以看见目前显示的有极大的疲态，后面排队等着要卖的，多到无法形容。这些要卖的，就是没有一点耐心来守住股票，好让卖压减少一些把股价推上一个台阶。这些既要在股票上賺到錢又不让股价往上升的，应该早早把手上的股票卖完了就离开市场，让有能力拿票的，守候股价到一个高位。一些散户只想賺取从中的一点绳头小利，而要承担这么多风险和辛苦？如此收获和风险比较完全不在同一个等次上，委实不是好的买卖。如果没有私有化的诱因，这隻股票委实非常坑人。难怪早早入场的，会累积了许多不满，唯一的盼望就是等候大户早早做出的一个决定，最后获利了结脱离苦海。

三。）技术指标：
在23。8。2019此股的各种技术指标显示
- RSI在71。6， 已经超买；
- Stochastic(14Days) 在94。4也`已经超买
- MA 14D/40D，14D已经由下穿越40D，是好的现象开始。
根据上回2018年12月尾发生的状况，此次是经过6个月后又再重复了14D MA由上移动穿越40D的状态。此股MA的向上走势应该还会继续朝北一个阶段；但在上星期五产生了一个短阴影，而另外二项技术指标RSI和Stochastic已经严重地超买。根据过往的经验，下星期应该有极大的可能会进入盘整，除非整个外部向好，和购买力又保持旺盛。但在上周散户已经显露疲态，且票据已经跟着到期，更加无力支撑如此庞大的卖压。暂时一些调整来分解多余的卖压是必须的。但如果大户还愿意积极进场扯购，相信跌势可以很快的被消化。

四。）私有化的进程

大户在23。8。2019的BURSA公告里又报出在公开市场里再购买了另外的3百万的股票，目前已经拥有85.092%，未拥有的14.908%。以剩余的数量来说，假定大户不再购买，大户愿意以35分来私有化，则不包括其余开销，必须准备745，400，000股的支出，相等于总额RM260，890，000， 对大户来说应该所费不多，何况此股是一隻会生金蛋的鵝，资产金贵；即便再加码一倍至70仙，也只是5亿多左右，还是物有所值。这样的情况下，是否可以短期內宣布私有化？答案也许可能是未必：
- 有50%的可能一个短期的时间內宣布私有化；
-有另外的50%不宣布短期內私有化，可以写信要求BURSA准予暂时允许不符合Share spread，这在过去的记录里曾经发生过多起。
- 其他未计入的因素。

但以个人的看法，假如大户的财务问题已经解决，资金已经准备就绪，找到一兩拨千斤的方法，应该在一个时间內会宣布私有化，不会另外节外生枝。否则不须入场购买了，再购买那就显得多余，直接写信要求允许就可以解决。所以左盼右盼的结果，私有化也许就要来临。特别以“李商隐”的诗作为结尾：

蓬山此去无多路，青鸟殷勤为探看。

注：
1。）蓬山意即私有化；青鸟就是我们这些股民。此处用“山”来显现攻克高山的意愿和努力。
2.）此贴文仅为个人股票投资上的一项记录，不可作为投资股票买卖的参考。
3.）原有的贴文经指正发出的股数不符，皆因一时大意，把5。00B，误看为500M相差了10万8千里。特此再谢过。

Posted by RosAng > 2019-08-26 12:25 | Report Abuse

Fast fast dun let VT COLLECT

HE IS WAITING @17.5

DUN MISS THE SHIP

Posted by akupolitikkk > 2019-08-26 12:27 | Report Abuse

Beware Now

Posted by William Ng > 2019-08-26 12:31 | Report Abuse

Sapu

Posted by RosAng > 2019-08-26 12:31 | Report Abuse

Pinjam Ah Long

All in

Ah Long interest 10%

Now BJL RETURN 50%

FAST FAST ALL IN

Posted by RosAng > 2019-08-26 12:33 | Report Abuse

Dun let VT PRIVATISE

BOT THE SHARE FROM VT

FORCE VT SELL 85% SHARE TO US

AND WE PRIVATEISE IT AT 85SEN

Posted by gangnam > 2019-08-26 12:38 | Report Abuse

Lol...Good reverse psychology! Btw Bro is that U?

Posted by limkopi > 2019-08-26 12:49 | Report Abuse

Wah 10% drop in 1 morning

Posted by Superb99 > 2019-08-26 13:35 | Report Abuse

0.21 now, VT does not want to buy... Lol

Posted by VincentTang > 2019-08-26 15:03 | Report Abuse

YTL and YTLLand case is almost similar with BJCorp and BJLand. Base on YTLLand price, then you should know whether you need to buy or sell BJLand.

Posted by leek > 2019-08-26 15:10 | Report Abuse

IT IS DIFFERENT...

YTL VS YTLLAND.... YTL MAIN INCOME COMES COME FROM YTL & YTLP....

BJCORP VS BJLAND... BJCORP'S MAIN INCOME COME FROM BJLAND WHICH CONTROL BJTOTO...

PLEASE SELL ALL YOUR BJLAND SHARES TO REAL VT... =D

Posted by firehawk > 2019-08-26 15:15 | Report Abuse

For the last 2 weeks, speculators /contra players bot and wait for 1/2 days, sure make money, alredy become routine .... but today cannot loh ....although expert advise them:

*
Pinjam Ah Long

All in

Ah Long interest 10%

Now BJL RETURN 50%

FAST FAST ALL IN
*

They also don't want to listen, but press the panic button.
Most of them press the panic button before the lunch break and before trading day end .....

(p/s,Expert should be very happy, bcos she can buy cheaper and wait for 85sen privatization.)

Posted by William Ng > 2019-08-26 15:42 | Report Abuse

bjland own bjtoto's share

Posted by freetospeak > 2019-08-26 15:54 | Report Abuse

Today so cheap sure vt bot bak.

Posted by prince4 > 2019-08-26 16:14 | Report Abuse

美中贸易战市场不确定, 基金经理和外国基金的资金不会流入大型和中型股. 因为大家都怕买高亏钱。在美中贸易战, 政府资金只会支持指数股使股市稳定。预计基金经理的资金将流出大型和中型股票, 基金经理不会错过大好机会做空大型和中型股票来赚钱所以现在没有前景不能买也不能持有。
市场资金将会流入低价股这是一个机会, 便宜小型股会受惠。鲨鱼现在开始炒在底部的低价股票。

Posted by Bettyem > 2019-08-26 16:21 | Report Abuse

对，这是买便宜的最佳时机！

Posted by stockraider > 2019-08-26 18:29 | Report Abuse

Vt may get his macai sell to each other at lower price to press down the price mah.....!!

Posted by kahhoeng > Aug 26, 2019 6:19 PM | Report Abuse

DON'T TRADE! If we minorities don't trade, there's nothing to be gain by BURSA, SC, or VT. VT will then be forced to privatize BJLand and treat his minorities better under his wing of listed companies!

Posted by kahhoeng > 2019-08-26 18:35 | Report Abuse

JUST DON'T TRADE, VT macai sells and buy all they can. Except for paying brokerage fees, clearing fees, and tax, VT will get NOTHING, acquiring no shares and unloading no shares, ONLY SIOK SENDIRI!!! Bursa, SC and VT will only then realize minorities are F**King pissed off and not going to be fooled anymore!

Posted by unorthodox > 2019-08-26 18:59 | Report Abuse

Weak closing today!
Tonight DJIA performance is critical in determining the short term direction for BJLAND share price!

Posted by unorthodox > 2019-08-26 19:13 | Report Abuse

Results out! EPS is -0.69! Loss of RM34.5M

Posted by 2721 > 2019-08-26 19:22 | Report Abuse

oh no..tomorrow 50cts..gogogo

Posted by RosAng > 2019-08-26 19:33 | Report Abuse

One thing can not deny is our Market is very dirty one..

Posted by Surewind > 2019-08-26 19:46 | Report Abuse

If you notice all his counter this time making lost or big drop in profit this quater.
BJToto, BJfood, BJassets and he is buying into all this counters at the same time.

Posted by kmwong8711 > 2019-08-26 19:56 | Report Abuse

So for privatised price should be 0.50cts no argue

Posted by kmwong8711 > 2019-08-26 19:57 | Report Abuse

Very smart VT

Posted by Bettyem > 2019-08-26 20:05 | Report Abuse

Majority are provisions for impairment on goodwill which are non monetary in nature (a favourite accounting trick by VT's Accountant to hide the actual profits), such provisions can be reversed anytime to recognise the profits at a later date. If VT is buying aggressively on all his counters at the same time when such impairment loss are simultaneously announced out of nowhere, with increased Macai activities points to some corporate actions in the near future?

Posted by kmwong8711 > 2019-08-26 20:17 | Report Abuse

We should buy more when opportunities comes don't let VT sapu all

Posted by kmwong8711 > 2019-08-26 21:28 | Report Abuse

https://www.klsescreener.com/v2/news/view/571880

Posted by kmwong8711 > 2019-08-26 21:28 | Report Abuse

https://www.klsescreener.com/v2/news/view/571880

Posted by kmwong8711 > 2019-08-26 21:42 | Report Abuse

https://www.thestar.com.my/news/nation/2019/05/30/macc-to-use-new-provision-to-prosecute-companies-not-just-individuals

Posted by kmwong8711 > 2019-08-26 21:45 | Report Abuse

Why recently a lot of companies want to privatised because of this MACC act start on next year

Posted by skyu > 2019-08-26 22:04 | Report Abuse

I would say the loss is not too bad and also anticipated.

Posted by Bettyem > 2019-08-26 22:41 | Report Abuse

Yup! This confirms the accounting trick to defer recognition of profit for the current Qtr.

Berjaya Land Bhd (BLand), which is controlled by tycoon Tan Sri Vincent Tan managed to post a net profit of RM148.03 million for the cumulative 14-month period.

Quarterly and cumulative revenue stood at RM1.08 billion and RM7.32 billion respectively, the group said in an exchange filing.

BLand said profit during the two months under review was impacted by unfavourable fair value changes (non monetary provision impairment) of investment properties, gaming rights, assets of disposal group, as well as that of goodwill.

Posted by kmwong8711 > 2019-08-26 22:46 | Report Abuse

If drop more buy more i definitely buy buy buy don't let VT sapu cheap cheap for privatised

Posted by kmwong8711 > 2019-08-26 22:51 | Report Abuse

Just accumulate as much as you can before VT make privatised announcements

Posted by skyjet > 2019-08-26 22:53 | Report Abuse

What I can confirm is gap down tomorrow due to bad quarter result.