BERJAYA LAND BHD

KLSE (MYR): BJLAND (4219)

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Last Price

0.325

Today's Change

-0.01 (2.99%)

Day's Change

0.32 - 0.33

Trading Volume

1,398,900


3 people like this.

12,379 comment(s). Last comment by miniminer 1 day ago

Robert Lam

482 posts

Posted by Robert Lam > 2018-09-06 08:21 | Report Abuse

anyone here will go AGM next month?

Posted by Chua See How > 2018-09-06 09:14 | Report Abuse

for retailer, what we most scared is Main Player call for right issue

kahhoeng

3,939 posts

Posted by kahhoeng > 2018-09-06 13:19 | Report Abuse

I'm going...

gangnam

753 posts

Posted by gangnam > 2018-09-06 14:43 | Report Abuse

Lol...read the latest circular statement dated 29 August 2018 to BJLand shareholders especially Appendix 1 before u go..there are plenty of updates on the Vietnam, China & Korea property disposals...Btw with regards to the update on Selangor Turf Club Sungei Besi land acquisition near TRX Project & Bandar Malaysia...both BJLand & Selangor Government is in the midst of negotiations for a possible (win-win) settlement by early October? (refer page 37) No wonder Vt is buying BJLand aggressively lately...no harm to follow closely behind at the all time low?
https://www.thestar.com.my/business/business-news/2017/11/11/court-decides-in-blands-favour-on-selangor-turf-club-issue/

https://trx.my/city/trx-project-update-%E2%80%93-june-2018
https://www.edgeprop.my/content/1357081/even-sans-hsr-bandar-malaysia-retains-its-allure
http://www.theedgemarkets.com/article/rm110b-hsr-project-deferred-until-may-2020

TAN SRI DATO SERI VINCENT TAN CHEE YIOUN 28-Aug-2018 Acquired 2,000,000
TAN SRI DATO’ SERI VINCENT TAN CHEE YIOUN 21-Aug-2018 Acquired 2,000,000
TAN SRI DATO SERI VINCENT TAN CHEE YIOUN 20-Aug-2018 Acquired 10,000,000
https://klse.i3investor.com/servlets/stk/annchsh/4219.jsp

Posted by Sebastian Sted Power > 2018-09-06 15:03 | Report Abuse

This year AGM door gifts is give everyone a RM1 power jackpot ticket

lwyy60

477 posts

Posted by lwyy60 > 2018-09-07 09:59 | Report Abuse

lolz, suppose i can dispose some at 35c and buy More at lower price with More lots. Anyway, my last average price will be at 20c which almost TAKE me 50% porfolio. Other than that, only time work for me. Good luck all.

kahhoeng

3,939 posts

Posted by kahhoeng > 2018-09-10 16:04 | Report Abuse

based on the most recent quarterly report, BJLand has a net asset of 6.5 billion, gross borrowing of 3.4 billion, net borrowing of 2.5 billion. After excluding the net borrowing of BJToto, BJLand's net borrowing is merely 1.8 billion.

Based on the FY18 annual report, BJLand is looking at receiving the final settlement from selling China property project amounting to CNY 974 million, approximately RM 590 million, a Jeju court settlement of at least RM 593 million, and Vietnam property project disposal with significant gain (err.. without specifying how much) that's at least RM 222 million. The total amount from the disposal is approximately RM 1.4 billion if not including the significant gain from Vietnam's disposal.

With a net borrowing of less than RM 400 million post disposal and excluding BJToto's net debt, I suppose the current market cap of RM 1.1 billion has more to do with liquidity concern and zero trust-worthiness of BJLand BODs and management.

Posted by shortinvestor77 > 2018-09-10 23:16 | Report Abuse

Agree with you, kahhoeng.

gangnam

753 posts

Posted by gangnam > 2018-09-11 00:31 | Report Abuse

Lol...Liquidity concerns?...seems like fine to me.. with all this affirmation from WSJ & MARC even before considering the big bucks which are coming home..

https://quotes.wsj.com/MY/4219/financials/annual/cash-flow
https://www.marc.com.my/index.php/marc-rating-announcements/853-marc-affirms-its-aaa-fg-and-aaa-bg-ratings-on-berjaya-land-bhd-s-rm650-million-mtn-programme-20180122

Posted by Sebastian Sted Power > 2018-09-12 11:06 | Report Abuse

FCUK you Chryseis Tan. Everyday see your Insta jalan jalan. Please spend some time with your father make BlowJob land great again.

Posted by Sebastian Sted Power > 2018-09-12 11:09 | Report Abuse

Berjaya Land - Corporate Information

Board of DirectorsChief Executive Officer
Datuk Pee Kang Seng @ Lim Kang Seng

Executive Directors
Tan Thiam Chai
Nerine Tan Sheik Ping
Chryseis Tan Sheik Ling

kelvin17

565 posts

Posted by kelvin17 > 2018-09-13 18:31 | Report Abuse

lau lau its was quite sometime i didnt hear anything from you. could you make some recent finding and comment for this counter. I like your view

newbie5354_

1,279 posts

Posted by newbie5354_ > 2018-09-16 10:35 | Report Abuse

sifus can VT continue to buy until own 90% BJ Land without privatising?

newbie5354_

1,279 posts

Posted by newbie5354_ > 2018-09-16 10:38 | Report Abuse

kahhoeng lately Tun M said bad abt Chinaman. What if they don't want to pay what can BJ Land do?

kahhoeng based on the most recent quarterly report, BJLand has a net asset of 6.5 billion, gross borrowing of 3.4 billion, net borrowing of 2.5 billion. After excluding the net borrowing of BJToto, BJLand's net borrowing is merely 1.8 billion.

Based on the FY18 annual report, BJLand is looking at receiving the final settlement from selling China property project amounting to CNY 974 million, approximately RM 590 million, a Jeju court settlement of at least RM 593 million, and Vietnam property project disposal with significant gain (err.. without specifying how much) that's at least RM 222 million. The total amount from the disposal is approximately RM 1.4 billion if not including the significant gain from Vietnam's disposal.

With a net borrowing of less than RM 400 million post disposal and excluding BJToto's net debt, I suppose the current market cap of RM 1.1 billion has more to do with liquidity concern and zero trust-worthiness of BJLand BODs and management.
10/09/2018 16:04

kahhoeng

3,939 posts

Posted by kahhoeng > 2018-09-17 21:44 | Report Abuse

newbie5354, err... don't think that would any impact myself, but guess market already priced in that given the failure to pay end of last year. The BOD is 'confident' of getting paid while the market doesn't seem to believe that, I guess.

Posted by Sebastian Sted Power > 2018-09-20 08:23 | Report Abuse

(吉隆坡19日讯)成功多多(Berjaya Sports Toto Bhd)在截至今年7月31日止首季(2019财年首季)净赚8689万令吉,比上财年同季的4794万令吉,按年上涨了16.92%,归功于Sports Toto Malaysia私人有限公司及H.R. Owen Plc的表现有所提升。

每股盈利从2018财年首季的5.51仙,提高至现财年首季的6.45仙。

营业额则按年微扬1.97%至15亿令吉,上财年同季报14亿7000万令吉。

成功多多表示,Sports Toto Malaysia的2019财年首季税前盈利按年上扬14%,得益于派彩率及营运开支减少。

同时,H.R.Owen的税前盈利劲扬35.4%至2090万令吉,2018财年首季为1550万令吉,归功于新车销售增加,提振营业额增长。

成功多多宣布,派发每股4仙首次中期股息,将于10月23日支付。

闭市时,该股报2.29令吉,起1仙或0.44%,市值达30亿9000万令吉。

Posted by Sebastian Sted Power > 2018-09-25 19:24 | Report Abuse

Blowjob land QR green again. What's next?

fl888

7,662 posts

Posted by fl888 > 2018-09-25 19:43 | Report Abuse

Blowjob for Berjaya Corp coming......can buy to break 30cts...tomorrow?

apolloang

18,163 posts

Posted by apolloang > 2018-09-25 20:20 | Report Abuse

profit up yet price so low,should up tomoro but dunno can hit 30cts?

kahhoeng

3,939 posts

Posted by kahhoeng > 2018-09-25 20:27 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5922657

Profit/(loss) for the period 71.991 million

Profit/(loss) attributable to ordinary equity holders of the parent 16.581 million

Posted by shortinvestor77 > 2018-09-25 21:38 | Report Abuse

Good new. Best new if Vietnam subsidiaries deals are completed.

ivan9511

3,854 posts

Posted by ivan9511 > 2018-09-25 21:39 | Report Abuse

Reach only earn 1 Sen up from 25sen till 44sen .
Bjland earn 33sen so maybe can up to ringgit or 4.50ringgit .

Many big fish here is laughing to the bank for those sapu a few Lori at 20sen .
Now limit up is unpredictable .
Bjland rich than Reach

Posted by martinbartesque > 2018-09-25 22:09 | Report Abuse

Nothing to b proud. Earning per share even not more than rm0.005. Ha...

Posted by shortinvestor77 > 2018-09-25 22:22 | Report Abuse

Nothing to be proud but happy to see it turns over from loss making to profit making as a start. It will continuous to make better profit but the best thing to expect if when a huge cash and profit (after all impairment done last financial year) come back from Vietnam subsidiaries deals soon (and also from China one day).

Posted by martinbartesque > 2018-09-25 22:37 | Report Abuse

I am not greedy. Let me earn 0.10 is enough.

apolloang

18,163 posts

Posted by apolloang > 2018-09-25 22:38 | Report Abuse

should up but dunno can up so much?

kahhoeng

3,939 posts

Posted by kahhoeng > 2018-09-26 08:28 | Report Abuse

no hope lah, unless BJLand announces the 'significant' profit on Vietnam asset disposal... Of course, won't mind seeing a recovery in share price to 30s range.

Jeffreyteck

4,246 posts

Posted by Jeffreyteck > 2018-09-26 09:12 | Report Abuse

Profit and EPS up but net asset per share down. Any accountant can explain?

value_man

105 posts

Posted by value_man > 2018-09-26 10:19 | Report Abuse

B3 Future Prospects
The Directors expect the number forecast operation ("NFO") business to be satisfactory and will
continue to maintain its market share for the remaining quarters of the financial year ending 30 April 2019. The performance of the hotels and resorts business is also expected to remain satisfactory whilst the property market outlook is expected to remain lukewarm.

The Group also expects to record a significant gain upon the successful disposal of the Proposed
BVIUT Disposal and Proposed Vietnam Subsidiary Disposal accordingly in due course, going forward.

gangnam

753 posts

Posted by gangnam > 2018-09-26 10:47 | Report Abuse

Lol...looking good as profit is up 117.99% Qtr. to Qtr. & 43.81% Yr. to Yr. That's why Profit and EPS is up...the reason NTA is slightly down may be due to the successful Vietnam assets disposal of BVIUT Disposal and Vietnam Subsidiary Disposal which will record a significant gain to be reflected as Profit for the next Qtr., will be payback time for Vt as Bro. Anw. be will in Parliament by then...

https://www.malaysia-today.net/2018/06/21/the-day-vincent-tan-gave-anwar-rm500-million/

Posted by Sebastian Sted Power > 2018-09-26 14:53 | Report Abuse

uncle Tan initial plan is to tekan blowjob land to 20cents.. Then he will be very generous announced privatised at 22cents and give you 10% more premium than market price. Hahahaha...

gangnam

753 posts

Posted by gangnam > 2018-09-26 17:57 | Report Abuse

Lol...privatise? looks more like MGO...that's if there are any takers if the price is not right...

...according to the breakdown of BJLand share ownership - BJCorp has 78.65% , Vt has 1.39% , Foreign funds has 12.97% so the balance of 6.99% must be owned by retailers? so how to achieve 90% for mandatory takeover unless Vt offers a good share premium to entice Foreign institutions/ retailers to sell their 12.97% & 6.99% respectively...should privatisation takes place?

So opportunity to...Buy? or Sell? at the all time low? Only U can decide...

p.s. according to the law... if Vt offers a high price to Foreign funds in order to buy their 12.97% shares in BJLand, Vt is also bound to extend the same offer to the rest of remaining shareholders...minority inclusive...

Total BJLand shares pledged by Berjaya group of companies to local investment Banks for Loans/Funding? 55.79%

That means BJCorp is left with only (78.65 - 55.79 ) 22.86% unpledged shares and Vt's 1.39% direct shares in BJLand to play with? Out of the 80% BJland shares owned by BJCorp & VT...55.79% already pledged to Investment Banks so only 22.86% BJland share owned by BJCorp & Vt are non encumbered shares...don't think Vt's will risk suspension of BJLand shares since 55.79% of BJCorp's shares in BJLand are pledged with local Investment Banks as collaterals for company loans and funding...any smell of suspension will render the BJLand pledged shares non-marketable and make Investment Bankers nervous and will trigger margin calls for Vt...just ask uncle KYY about his experience... :)

gangnam

753 posts

Posted by gangnam > 2018-09-26 17:57 | Report Abuse

Pledged BJLand shares by Berjaya group of companies with Local Investment Banks for BJCorp Loans/Funding? Refer BJLand Annual Report 2018 page 245 - 246.
RHB Nominees (Tempatan) Sdn Bhd - Bank Of China (Malaysia) Berhad Pledged Securities Account For Teras Mewah Sdn. Bhd. - 9.06%
RHB Nominees (Tempatan) Sdn Bhd - Pledged Securities Account For Juara Sejati Sdn Bhd - 5.05%
Maybank Nominees (Tempatan) Sdn Bhd - Pledged Securities Account For Juara Sejati Sdn Bhd (414084-91161C) - 3.97%
Maybank Nominees (Tempatan) Sdn Bhd - Pledged Securities Account For Juara Sejati Sdn Bhd - 3.22%
Amsec Nominees (Tempatan) Sdn Bhd - Pledged Securities Account- Ambank (M) Berhad For Teras Mewah Sdn Bhd - 2.66%
CIMB Group Nominees (Tempatan) Sdn Bhd - Pledged Securities Account For Juara Sejati Sdn Bhd - 2.58%
Amsec Nominees (Tempatan) Sdn Bhd - Pledged Securities Account For Bizurai Bijak (M) Sdn Bhd - 2.42%
CIMB Group Nominees (Tempatan) Sdn Bhd - Pledged Securities Account For Bizurai Bijak (M) Sdn Bhd - 2.41%
RHB Capital Nominees (Tempatan) Sdn Bhd - Pledged Securities Account For Bizurai Bijak (M) Sdn.Bhd. (Berjaya Corp) - 2.15%
Affin Hwang Nominees (Tempatan) Sdn. Bhd. - Pledged Securities Account For Juara Sejati Sdn Bhd - 1.82%
Maybank Nominees (Tempatan) Sdn Bhd - Pledged Securities Account For Bizurai Bijak (M) Sdn Bhd - 1.81%
Maybank Nominees (Tempatan) Sdn Bhd - Pledged Securities Account For Teras Mewah Sdn Bhd - 1.76%
Maybank Nominees (Tempatan) Sdn Bhd - Pledged Securities Account For Sublime Cartel Sdn Bhd - 1.56%
Affin Hwang Nominees (Tempatan) Sdn. Bhd. - Pledged Securities Account For Berjaya Corporation Berhad - 1.52%
RHB Nominees (Tempatan) Sdn Bhd - Bank Of China (Malaysia) Berhad Pledged Securites Account
For Inter-Pacific Capital Sdn. Bhd. - 1.50%
Alliancegroup Nominees (Tempatan) Sdn Bhd - Pledged Securities Account For Bizurai Bijak (M) Sdn. Bhd. - 1.50%
HLB Nominees (Tempatan) Sdn Bhd - Pledged Securities Account For Juara Sejati Sdn Bhd - 1.48%
CIMB Group Nominees (Tempatan) Sdn Bhd - Pledged Securities Account For Teras Mewah Sdn Bhd - 1.32%
Bank Of China (Malaysia) Berhad Pledged Securities Account For Juara Sejati Sdn Bhd - 1.32%
Maybank Nominees (Tempatan) Sdn Bhd Pledged Securities Account For Juara Sejati Sdn Bhd - 1.20%
RHB Nominees (Tempatan) Sdn Bhd
Industrial And Commercial Bank Of China (Malaysia) Berhad Pledged Securities Account For Bizurai Bijak (M) Sdn Bhd - 1.18%
Pledged Securities Account For Berjaya Times Square Sdn Bhd - 1.12%
CIMB Group Nominees (Tempatan) Sdn Bhd Pledged Securities Account For Berjaya Corporation Berhad - 1.10%
Maybank Nominees (Tempatan) Sdn Bhd Pledged Securities Account For Berjaya Group Berhad - 1.10%
Maybank Nominees (Tempatan) Sdn Bhd Pledged Securities Account For Juara Sejati Sdn Bhd - 0.98%

OceanSky

129 posts

Posted by OceanSky > 2018-09-27 00:15 | Report Abuse

JeffreyTeck Query:
Profit and EPS up but net asset per share down. Any accountant can explain?

BjLand NA drop to RM0.81 from RM0.86, even EPS is RM0.0033.

It is a bit academy answer, while refer to A1 note:
(a) MFRS 9: Financial Instruments, and
(b) MFRS 15: Revenue from Contracts with Customers,

Let read the Financial impact (in page 11), the effects of adoptions of both MFRS 9 & 15 have given impacts on the NA :
1. Revaluation reserve of (RM 30.6 mil)
2. Retained Earnings (RM 219.7 mil)
- which under Equity side
and transfer to
3. other long term liabilities + RM 241.6 mil
- which under Liabilities side

This have give direct impact on the NA drop to RM0.81 from RM0.86.

Anywhere, If compare to current market price of RM0.245, the NA still stay a very high side.

Notwithstanding the above, the cash & cash Equivalents of Bj-Land is of RM 773.8 mil, (under Closing balance, stated in Page 7) which is RM0.155 cash per share.

Assume distribute the cash back, you still hold all the assets, properties, lands, hotels, clubs and 40% of Bj-Toto and 100% of HR Owen with only RM0.09 per share cost.

Jeffreyteck

4,246 posts

Posted by Jeffreyteck > 2018-09-27 07:57 | Report Abuse

TQ OceanSky.

Posted by Buylowselllower > 2018-10-11 15:30 | Report Abuse

As a shareholder bought bjland share from highest 54 sen to 21 sen, terrible.....

Posted by Sebastian Sted Power > 2018-10-11 22:07 | Report Abuse

ya lor! Last year I stiill see above 50cents but no buy. However bought at 30cents,28cents,26 cents I also paper lost until now. This morning no choice bite some at 20cents. Try average down the price. Just hope Uncle Fox Tan do some magic show

Posted by shortinvestor77 > 2018-10-12 08:27 | Report Abuse

Let's be patience to wait for reap, like a farmer do the planting, watering, fertilizing etc.then wait for harvest time patiently.

samyew1234

1,362 posts

Posted by samyew1234 > 2018-10-14 17:47 | Report Abuse

puki Vincent tan

kahhoeng

3,939 posts

Posted by kahhoeng > 2018-10-15 16:27 | Report Abuse

you don't have to bad mouth here, go to AGM, question and pressure him to perform!

ivan9511

3,854 posts

Posted by ivan9511 > 2018-10-15 16:58 | Report Abuse

bjc and bjland cannot touch one,
VT never treat us good
not even a penny or 0.000001 sen dividend
when earn money VT sapu all the money
when loss money will think how to cheat from stock market
\even startbuck, toto , hotel , car , auto 7eleven , all is comfirm untung big big money company but we got shit ?????
not even give free voucher like YTL free 50ringgit plus everyear high dividend
why the sky let this kind of person born to con people hard earn money
VT I advise please mercy to everyone Amen

Kenn Ong

55 posts

Posted by Kenn Ong > 2018-10-16 16:16 | Report Abuse

what happen?

Kenn Ong

55 posts

Posted by Kenn Ong > 2018-10-16 16:17 | Report Abuse

0.2 now....

Kenn Ong

55 posts

Posted by Kenn Ong > 2018-10-16 16:17 | Report Abuse

AGM when?

Posted by shortinvestor77 > 2018-10-16 16:36 | Report Abuse

Tomorrow agm.

Kenn Ong

55 posts

Posted by Kenn Ong > 2018-10-16 16:46 | Report Abuse

Bad news?

Kenn Ong

55 posts

Posted by Kenn Ong > 2018-10-17 10:31 | Report Abuse

Any news AGM?

Posted by shortinvestor77 > 2018-10-17 16:30 | Report Abuse

Kahhoeng, any news from the AGM ?

kahhoeng

3,939 posts

Posted by kahhoeng > 2018-10-17 16:30 | Report Abuse

Well, no dividend until recover the claim from jeju, china and/or Vietnam project disposal... nothing bad but nothing great either, I guess

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