BERJAYA LAND BHD

KLSE (MYR): BJLAND (4219)

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Last Price

0.335

Today's Change

+0.01 (3.08%)

Day's Change

0.325 - 0.34

Trading Volume

2,654,400


3 people like this.

12,378 comment(s). Last comment by Royce Chan 1 month ago

Posted by shortinvestor77 > 2019-09-25 21:24 | Report Abuse

Sound familiar.

Posted by shortinvestor77 > 2019-09-25 21:28 | Report Abuse

As I always say, got face if VT privatizes BJLand and it should have been done long time ago when public shareholding is less than 25%. He will have more shame if BJLand is delisted by BUrsa by force. See how one by one the owners of public listed Companies privatized it once having public shareholding spread problem, GAIN FACE LAH!

Posted by Sharan8509 > 2019-09-25 22:16 | Report Abuse

Force delist only happen when 90%. No matter how, Vincent tan would still have to respond to the bursa 85% threshold. Every respond would take 1 month. If first warning by bursa is 1st January, bjland need to respond within 1 month. Second respond is when bursa announce they decline the time extension, bjland would have to response within 1 month too. So these couple of days, bjland would need to respond to bursa. This is what I learnt from other companies public shareholding spread.

Posted by roundcateye > 2019-09-26 06:21 | Report Abuse

Based on old Star news in Jun 2018
"Separately, BLand said Vinhomes and its affiliates are also being considered as potential purchasers of Berjaya Vietnam International University Town One Member Ltd Liability Co (BVIUT).

The company said Vinhomes had, in December, injected a cash sum of 11,904 billion dong (RM2.08mil) as fresh capital contribution into BVIUT in order to meet certain similar conditions imposed by the Vietnamese authorities, which require BVIUT to increase its charter capital to RM210mil.

“Accordingly, BLeisure Cayman’s initial stake in BVIUT has also been diluted from 100% to 0.8%. It is the intention of BLeisure Cayman to dispose its 0.8% stake in BVUIT in the near future.”

Read more at https://www.thestar.com.my/business/business-news/2018/06/05/berjaya-land-sells-stake-in-vietnam-firm-for-rm155mil#GDyowUrXf0Z9yhbP.99

It have sold off BVFC for RM154 mil. Does BJLAND still own BVIUT? A bit confused here.

Jeffreyteck

4,246 posts

Posted by Jeffreyteck > 2019-09-26 08:55 | Report Abuse

Dropping too slow.

skyu

2,497 posts

Posted by skyu > 2019-09-26 09:14 | Report Abuse

morning all. why getting quiet here ? come, let's have a good spirit.

William Ng

893 posts

Posted by William Ng > 2019-09-26 10:16 | Report Abuse

Quiet cos speechless

William Ng

893 posts

Posted by William Ng > 2019-09-26 10:17 | Report Abuse

We small small hard to affect market price, big shark is controlling the share price

tumbler

492 posts

Posted by tumbler > 2019-09-26 10:24 | Report Abuse

Where is stockraider , so many did not come to comment. Miss him lah.

masterus

3,593 posts

Posted by masterus > 2019-09-26 10:35 | Report Abuse

Psiptek ratio analysis

Net income (TTM) : 3.1 million
Quick Ratio (MRQ) : 1.54
Total debt to capital (MRQ) : 0.2549

Bettyem

655 posts

Posted by Bettyem > 2019-09-26 10:52 | Report Abuse

Was hoping Kasi kasi some more 2day?

Posted by shortinvestor77 > 2019-09-26 12:43 | Report Abuse

Quiet before thunder storm with heavy rain to come. Have faith with yourself. Don't listen to others that divert your faith. All so called sifu will die.


William Ng Quiet cos speechless
26/09/2019 10:16 AM

skyu

2,497 posts

Posted by skyu > 2019-09-26 12:46 | Report Abuse

I still think not to worry much, it will back up to 0.23 at least. noe is reshuffle time. probably most if the trade done is by one fella. this is how it works, when someone want to collect some shares and the shares float is very limited, such as not many fund house participate, the one person would have to buy and sell at the same time. as long as he can buy 1000 shares and sell 800 shares, he still on collection mode. dont forget, basically all mutual funds hold 0 in bjland. bjland now only left with minority shareholders.

stock market is full of manipulation. the person with the most shares is the operator.

skyu

2,497 posts

Posted by skyu > 2019-09-26 12:47 | Report Abuse

heard of stock market rumours such as flushing out the weak retailers and shareholders? this basically applying in bjland now.

stahl2017

310 posts

Posted by stahl2017 > 2019-09-26 14:55 | Report Abuse

Retail are not keen to sell at 0.18-0.185

stahl2017

310 posts

Posted by stahl2017 > 2019-09-26 15:47 | Report Abuse

Degem make the move, privatise at 1.10 after rejected by SC for public shareholding spread extension, so when is BJland turn?

Bettyem

655 posts

Posted by Bettyem > 2019-09-26 16:01 | Report Abuse

Key dates to lookout for any announcement from Bursa/BJLand:

6 ~ 10, October - 1 month from Bursa letter on non approval for application of extension to BJLand dated 6 September...

"Further to our announcements dated 2 August 2019 and 5 August 2019, the Board of Directors (“Board”) of Berjaya Land Berhad (“BLand” or “Company”) wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) has, vide its letter dated 6 September 2019, resolved not to approve BLand’s application for an extension of time to comply with its approved minimum public shareholding spread requirement of 15% (“Public Spread”).

As provided in the Main Market Listing Requirements of Bursa Securities (“Listing Requirements”), Bursa Securities may:-

(a) impose any type of action or penalty pursuant to Paragraph 16.19 of the Listing Requirements; and

(b) suspend trading in the securities of BLand pursuant to Paragraph 16.02 of the Listing Requirements.

Currently, the public shareholding spread of BLand stood at 14.65%, a shortfall of about 0.35%.

In view of the current poor market condition and as the Company has not formulated any rectification plan to address the shortfall in the Public Spread but will explore all possible options to meet the Public Spread, the Board of BLand may contemplate an appeal on Bursa Securities’ decision on the extension of time to comply with the Public Spread.

This Announcement is dated 10 September 2019."

Superb99

6,599 posts

Posted by Superb99 > 2019-09-26 17:15 | Report Abuse

dropped 1.5 cents but up only 0.5 cent, wayang kulit

William Ng

893 posts

Posted by William Ng > 2019-09-26 21:34 | Report Abuse

i'll be back this 10 oct

freddiehero

16,721 posts

Posted by freddiehero > 2019-09-26 21:39 | Report Abuse

support at 0.14

freddiehero

16,721 posts

Posted by freddiehero > 2019-09-26 21:39 | Report Abuse

hope no break down..

skyu

2,497 posts

Posted by skyu > 2019-09-26 21:50 | Report Abuse

Kakaka. Your 0.14 support came from where? Using 20 years chart ? Aiseh , seriously if lu not sure what is support don't simply say la. Fundamental UK can talk cock, technical, don't talk cock ma cause technical can be tell by figures.

skyu

2,497 posts

Posted by skyu > 2019-09-26 22:15 | Report Abuse

But anywhere, 0.14 is not impossible by looking at how pariah this company is being managed.

Posted by Thinkbig > 2019-09-26 22:44 | Report Abuse

What will you do if you are holding BJLand shares which got delisted by Bursa when the price is against what you brought? Who will buy your shares?

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2019-09-27 07:46 | Report Abuse

Offer coming... Hold tight and rocket up today... Hopefully...

skyu

2,497 posts

Posted by skyu > 2019-09-27 08:36 | Report Abuse

morning morning. let's see if the volume will return today

Bettyem

655 posts

Posted by Bettyem > 2019-09-27 09:02 | Report Abuse

M for Malaysia! Will it be,
V for Berjaya?

https://g.co/kgs/UbuJHb

Posted by Steadybompipi > 2019-09-27 10:01 | Report Abuse

hahaahhahhahhahaahaahahahhahaha, this is joker counter

Posted by Sebastian Sted Power > 2019-09-27 10:16 | Report Abuse

M for MISAI la

skyu

2,497 posts

Posted by skyu > 2019-09-27 12:11 | Report Abuse

kaakakak. hey bettyem, are u man or women ? just give all of us here some technical reading, RSI is about 35 near to oversold. chart is dead cross, maybe still in bear downtrend as the volume for past 10 days does not favour us.

Bettyem

655 posts

Posted by Bettyem > 2019-09-27 13:53 | Report Abuse

Saw VT at GSC...only VT will understand...

Superb99

6,599 posts

Posted by Superb99 > 2019-09-27 14:56 | Report Abuse

Sunset counter

Posted by shortinvestor77 > 2019-09-27 16:21 | Report Abuse

Yes, going to close shop from Bursa soon. No worry. Will gain.

Posted by shortinvestor77 > 2019-09-27 16:54 | Report Abuse

Look like VT bought at 0.19 with high volume. Check if later.

Posted by kelvin8168 > 2019-09-27 17:06 | Report Abuse

.. not drop more up pula

freetospeak

5,883 posts

Posted by freetospeak > 2019-09-27 17:21 | Report Abuse

VT loves to push up at the last hour ...may b its really him...he he...

freetospeak

5,883 posts

Posted by freetospeak > 2019-09-27 17:21 | Report Abuse

if really him...prepare for privatisation...hehe

Posted by kelvin8168 > 2019-09-27 17:34 | Report Abuse

dont up la. push down .. mah

freddiehero

16,721 posts

Posted by freddiehero > 2019-09-27 17:43 | Report Abuse

wah lau.. so fast push up kakaka

William Ng

893 posts

Posted by William Ng > 2019-09-27 20:31 | Report Abuse

i thought wanna wait till 0.16 sen then collect more....

bahai4453

2,297 posts

Posted by bahai4453 > 2019-09-28 10:52 | Report Abuse

My magical chart told me that the volume gradually heading 30 million mark the price will be 24 cents and heading to 26 cents at 40 million mark. Resistance at 0.20 .

bahai4453

2,297 posts

Posted by bahai4453 > 2019-09-28 10:57 | Report Abuse

Coming week Viagra Tan will show you something! Something make everybody here happy. Just book your order for 小龙虾。

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2019-09-29 06:13 | Report Abuse

Offer coming! Anytime from now! :)

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2019-09-29 16:18 | Report Abuse

AGM coming! Many many unhappy shareholders will show up if no good offer by then! =D

limkopi

102 posts

Posted by limkopi > 2019-09-30 09:10 | Report Abuse

When is the AGM?

stahl2017

310 posts

Posted by stahl2017 > 2019-09-30 09:44 | Report Abuse

no road block at 0.19, so today can challenge higher la

William Ng

893 posts

Posted by William Ng > 2019-09-30 10:06 | Report Abuse

Down again

chesslim

890 posts

Posted by chesslim > 2019-09-30 12:37 | Report Abuse

Bjland will be same as KBUNAI , when share low price than big boss take over.

bahai4453

2,297 posts

Posted by bahai4453 > 2019-09-30 13:07 | Report Abuse

1 or 2 cents up and down is nothing special to Bjland. Just ignore it or just top up some if it is down.

Jeffreyteck

4,246 posts

Posted by Jeffreyteck > 2019-09-30 14:13 | Report Abuse

Why should vt pay high if he can exploit more?

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