Posted by gangnam > 2018-06-27 19:52 | Report Abuse

*Note A3 - Investment related (expenses)/income (60,345)
Due to:
Fair value changes through profit or loss investments (851)
Impairment of available-for-sale of quoted equity investments (16,850)
Impairment in value of an associated company (277)
Impairment loss on assets held for sale (30,246)
Impairment of property, plant and equipment (11,818)
Gain/(Loss) on partial disposal of interest in an associated company 27
Gain on disposal of interest in a subsidiary company -
Gain/(Loss) on disposal of quoted investments 757
Provision for impairment on balance of GMOC Project
sales proceeds * -
Fair value changes of investment properties (108)
Others (979)

* Note B5 - (Loss)/Profit before tax is stated after charging/(crediting):
Interest income (15,512)
Dividend income (615)
Other income excluding dividend and interest income (9,666)
Depreciation of property, plant and equipment 24,182
Gain on disposal of property, plant and equipment (529)
Gain on disposal of interest in a subsidiary company -
Amortisation of intangible assets 6,121
Impairment loss on receivables -
Provision for and write off of inventories 296
Net foreign exchange loss 28,915
Impairment of available-for-sale of quoted equity investments 16,850
Fair value changes of fair value through profit or loss investments 851
(Gain)/Loss on disposal of quoted investments (757)
(Gain)/Loss on partial disposal of interest in an associated company (27)
Impairment loss on assets held for sale 30,246
Impairment of property, plant and equipment 11,818
Provision for impairment on balance of GMOC Project sales proceeds * -
Gain or loss on derivatives -

* Note B6 - The taxation charges of RM57,092 were detailed as follows:
Malaysian income tax 20,367
Foreign tax 9,265
Underprovision in prior years 3,938
Deferred taxation 23,522

The disproportionate tax charge of the Group for the financial quarter and year ended 30 April 2018 was
mainly due to certain expenses being disallowed for tax purposes, the non-availability of the Group tax relief
in respect of losses incurred by certain subsidiary companies and the resultant additional deferred tax arising
from the reversal of impairment of gaming rights.

Posted by issac99289928 > 2018-06-27 23:50 | Report Abuse

Future Prospects
The Group also expects to record a significant gain upon the successful disposal of the Proposed Berjaya Vietnam International University Town One Member Limited Liability Company ("BVIUT") Disposal and Proposed Vietnam Subsidiary Disposal accordingly in due course, going forward.

Posted by lwyy60 > 2018-06-28 07:07 | Report Abuse

Last reset, Good luck guys.

Posted by shortinvestor77 > 2018-06-28 22:43 | Report Abuse

Today ok.

Posted by kahhoeng > 2018-07-02 18:09 | Report Abuse

can only hope details of the 'significant gain' from Vietnam projects disposal be announced soon...

Posted by bennychen > 2018-07-03 16:27 | Report Abuse

misai man is just like the python snake squeezing the minority shareholders with the share price dropping everyday.....cut his misai

Posted by kahhoeng > 2018-07-03 17:59 | Report Abuse

Goreng or privatizing BJLand?

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

The Board of Directors of Berjaya Land Berhad (“BLand”) wishes to announce that based on Record of Depositors as at 29 June 2018, the public shareholding spread of BLand is 19.95% which is below the 20% minimum public shareholding spread requirement approved by Bursa Malaysia Securities Berhad (“Bursa Securities”) vide its letter dated 18 August 2010.

BLand will seek the approval of Bursa Securities for an extension of time to comply with the public shareholding spread requirement.

Posted by issac99289928 > 2018-07-03 21:59 | Report Abuse

VT will goreng the stock to reduce his shareholding .uptrend soon.

Posted by Matthieu Seven > 2018-07-06 16:16 | Report Abuse

seem like still many people confident on this BlowJob land

Posted by shortinvestor77 > 2018-07-07 21:43 | Report Abuse

No holding power pls sell. As simply as that.

Posted by kahhoeng > 2018-07-09 18:15 | Report Abuse

alas, just announce how 'substantial' the profit is from disposing Vietnam projects with number!

Posted by superbear2020 > 2018-07-11 08:29 | Report Abuse

Privatize? OMG! If this happen those holding the shares will make a small fortune ...???

Posted by Sebastian Sted Power > 2018-07-11 09:03 | Report Abuse

If really privatised wont be so generous also. later uncle Tan offer 30cents to take over. Hahahah... but my average cost still need 35cents

Posted by superbear2020 > 2018-07-12 08:45 | Report Abuse

Sebastian, you have to buy more to average. My cost also 0.32, plan to buy more when drop further, otherwise has to cut lose ....

Posted by shortinvestor77 > 2018-07-14 16:15 | Report Abuse

With less than 20% shares still not owned by Berjaya, the major shareholders will offer high price for sure if privatized.

Posted by leek > 2018-07-18 14:05 | Report Abuse

SAPU!!! BJCORP AND BJLAND WILL MOVE ALONGSIDE DUE TO VERY HIGH POSSIBILITY OF PRIVATISATION OF BJLAND!!!

Posted by kahhoeng > 2018-07-24 18:35 | Report Abuse

still no news on the Vietnam project disposal, sigh!

Posted by shortinvestor77 > 2018-07-25 22:43 | Report Abuse

Will come。

Posted by acevent > 2018-07-30 13:51 | Report Abuse

how you guys think wether bjland can manage to demand the outstanding debt from skyocean?

Posted by kahhoeng > 2018-07-30 16:11 | Report Abuse

wah, so many queue to sell at 0.27, wonder why?!?

sure hope BJLand can get back the RM 600+ million full amount from skyocean, plus another 500 - 1,000 million from Vietnam asset disposals, plus 1-2 billion from Jeju court ruling...

Posted by freetospeak > 2018-07-30 18:50 | Report Abuse

If bjland cannot find ways to improve public spread it will b delisted....so the more seller every day

Posted by freetospeak > 2018-07-30 18:50 | Report Abuse

Dun even need to be privatised...

Posted by freetospeak > 2018-07-31 11:46 | Report Abuse

bjland will be delisted sooner or later...as more n more ppl are disposing the public spreading will fall further below 20%....VT dun even need to privatised..lol...if u r holding it ..better disposed it now...it will fall to 20 sen for sure...

Posted by freetospeak > 2018-07-31 11:49 | Report Abuse

VT has no intention to improve the public spreading...it had been dropping from 25% until now from few years bak..keep filing for extension n lowering minimum threshold from 25% to 20%..i dun think bursa will approve it to hold below 20% after half yr...

Posted by freetospeak > 2018-07-31 11:50 | Report Abuse

so most probably within half yr privatised...or delisted after half yr...to VT the latter is a better option...

Posted by freetospeak > 2018-07-31 11:50 | Report Abuse

who is the biggest beneficiary..bjcorp n VT...

Posted by freetospeak > 2018-07-31 11:57 | Report Abuse

the bursa will suspend the stock 1st if it does not comply to the law of public spread after half year...so u can imagine wat will happen..the price will drop to the max...then VT will anoouce take over on mandatory offer..

Posted by freetospeak > 2018-07-31 11:59 | Report Abuse

that why i dun suggest buying bjland...risk is too high compare to bjcorp...

Posted by freetospeak > 2018-07-31 12:05 | Report Abuse

u might buy at 20 sen n end up it being take over at 15 sen...lol

Posted by gangnam > 2018-07-31 15:22 | Report Abuse

Lol... that's why I said buy more BJcorp..anyway after privatisation or delisting...who is the beneficiaries?...BJcorp shareholders including Vt & minorities who followed behind off course...anyway after that..since BJCorp & Vt are 80% BJland shareholders they will reward themselves with more BJcorp shares & ICULs in exchange for BJland shares at favourable terms as most of the 80% Bjland shares was acquired by BJcorp around 70 sens? from Vt and after that they will fry BJcorp shares sky high to monetize their shareholdings..so those still holding BJcorp/Bjland shares will benefit..
http://www.klsescreener.com/v2/announcements/view/3414173

Posted by kahhoeng > 2018-07-31 17:58 | Report Abuse

err... I have actually reduced my position in BJCorp to add BJLand...

Posted by shortinvestor77 > 2018-07-31 22:32 | Report Abuse

freetospeak is making noise here. So many companies do not comply to the law of public spread also survive until today such as LCTITAN. How come you don't know? I think you have no shares here. Wanted to buy low price. NTA od BJland is about 86 cents. No shareholders will sell to BJCorp if it wanted to take over with less than 86 cents. Afterall, BJLand value is far more than 86 cents if reevaluation is done for all assets it owns. Leave this counter freetospeak if you have no shares.

Posted by Eddie Koay Chin Chye > 2018-08-01 07:13 | Report Abuse

VT never care or benefit share holder. He time is over. Kenny Roger can't even catch up with Nandos.

Posted by freetospeak > 2018-08-01 07:57 | Report Abuse

Yes, i hav no share becoz i dun dare buy bjland. Lotte chem jus below 25 percent while bjland was below 25 percent many years ago...it applied to reduce threshold to 20 percent...now it drop to below 20 percent...n i dun think it can apply to reduce threshold to 15 percent...so it can keep on extending for half year n half year ....but with no solution insight...it will only drop further n further...so wat will happen?

Posted by freetospeak > 2018-08-01 08:01 | Report Abuse

Unless vt wanna improve it..but if he want to improve he did it long ago...unless he declare dividend every year...n encourage retail to buy...other wise...only the same ppl will b buying it...so how to improve public spread...ultimately...it will be issued suspension...n vt hav to privatised it...

Posted by freetospeak > 2018-08-01 08:04 | Report Abuse

No one want to buy share with public holding below 20 percent..y...it has a high potential of being delisted n privatised....but how will u know it will not be privatised below your buying price...tnats y law requires company to annouce public spread...coz it is a risky indicator

Posted by freetospeak > 2018-08-01 08:09 | Report Abuse

Of course i am jus talking in future ...u can still buy bjland now for immediate upside since there is bumper profit coming...suspension will not cum until at least half year later...

Posted by kahhoeng > 2018-08-01 11:12 | Report Abuse

freetospeak, you have a point... I merely exchange my bjcorp to bjland primarily the potential substantial gain from Vietnam Project Disposal, collecting back the 600+ million from China buyer and potentially favourable Jeju court ruling...

Posted by kahhoeng > 2018-08-01 11:13 | Report Abuse

I didn't take the privatization deal at cheap valuation into consideration primarily VT, through other vehicles, owns approximately 8% of BJLand.

Posted by gangnam > 2018-08-01 13:10 | Report Abuse

Lol..precisely..u hit the nail on the head..Vt only got 8% direct shares..the balance of BJLand is owned by BJCorp..in order to get more share of BJland undervalued assets..Vt's trying to get the balance of 20% another owned by minorities if there are sellers at current price?
Btw there are rules on privatisation basically u can't offer lower what u have bought earlier..just see Hovid privatisation example which also owns 80%..one year already passed still no sign of delisting.. then u will know how Bursa moves..in the case of BJland..Vt can't delay longer than 6 months or more in announcing potential substantial gains from Vietnam Project Disposal, collecting back the 600+ million from China buyer and potentially favourable Jeju court ruling.. recognition of 1 billion sales from Carlton Ritz Residences..Vietnam Lottery profits..Kyoto & Okinawa property sales is all due sooner or later..then there is the new Selangor Turf Club project pending Selangor Govt. approval which the court already ruled in BJLand's favour subject to appeal .the outcome to be known soon? since pending almost 1 year already..

Posted by freetospeak > 2018-08-01 13:10 | Report Abuse

if vt wanna privatise at 30 sen he can do it within this month onwards...law is 6 mths highest price to offer

Posted by freetospeak > 2018-08-01 13:14 | Report Abuse

wat i say is jus one of the possibilities...if VT will to annouce good result n dividend going forward..the public spread might move up..but seeing so many corporate buy bak is further concentrating the public shares in a few related parties hand...

Posted by gangnam > 2018-08-01 13:23 | Report Abuse

Lol..most of BJland shares brought recently by Vt & BJCorp was around 29.5 to 35 sens level..so if really privatise will need to be premium of this price range..so those who purchased BJLand/BJCorp shares at current price will benefit most...

Posted by shortinvestor77 > 2018-08-01 17:19 | Report Abuse

Agree with gangnam.

Posted by issac99289928 > 2018-08-03 19:17 | Report Abuse

if vt sincerely wants to solve public spreading issue , privatise as discussed before or distribute special dividend like 20 cents .with generous dividend ,lots of retail investors will rush to push up the share price and vt can sell his share at a higher price .every investor is happy.

Posted by kahhoeng > 2018-08-06 17:56 | Report Abuse

err... 20 cents dividend means RM 1 billion total payout. With a net debt of approximately 2.5 billion or 1.8 billion after net debt of BJToto is excluded, genuinely doubt BJLand can afford it. Even if BJLand has received the rest of payment from China project disposal and Vietnam property disposal of more than 1 billion, it can at best offer a 0.01 - 0.05 per share of dividend, amounting to 50 - 250 million, a maximum of 25% payout.

Posted by gangnam > 2018-08-07 02:10 | Report Abuse

Lol..as mentioned before it's just a waiting game for both BJCorp/BJLand "if sleeping beauty?" but why still so many admirers & suitors hanging around?

Wow! TKP not only Director but promoted to Chairman of BJtoto..oh yes...TKP also sits on the board of a subsidiary of Berjaya Land Bhd (which owns more than 40% of BJtoto). He is the executive adviser and former president of the Penang Chinese Chamber of Commerce..that's why so pally with LGE?...may peace be upon them & Vt..and do we hear opportunity knocks again for BJcorp/BJland at current historic lows? Only early birds will get the biggest returns?

Former MD Tan Kok Ping is back at Berjaya Sports Toto as chairman
https://sme.com.my/2018/08/01/former-md-tan-kok-ping-is-back-at-berjaya-sports-toto-as-chairman/
Btw BJland holds 540 mil shares in BJtoto, representing equity interest of 40%. The 40% stake is already worth RM1.28 billion based on BJtoto's today price of RM2.37. As currently BJland is only worth RM1.3 billion..it's ridiculous that the rest of BJland assets only worth RM20 million?

Posted by kahhoeng > 2018-08-07 17:04 | Report Abuse

http://www.theedgemarkets.com/article/sin-tax-collection-nfos-rose-rm2...

At the same time, Lim said the ministry intends to reduce the number of Tuesday special draws by NFOs.

Posted by gangnam > 2018-08-07 19:28 | Report Abuse

Lol..link with full info..Btw it's a good sign of increased profitability for NFOs like BJLand/BJCorp from legal gambling since Sin Tax has increase by RM238M..
http://www.theedgemarkets.com/article/sin-tax-collection-nfos-rose-rm238m-2017-says-guan-eng

Posted by JonathanT > 2018-08-15 13:00 | Report Abuse

is time to in ? hahah