Posted by firehawk > 2020-04-16 21:21 | Report Abuse

for bjcorp, maybe can get 1 or 2 sen dividend, in order to persuade them to approve the privatization ..... for bjland, no dividend, bcos by share swap, they have alrdy "untung" a lot ..... :D :D :D

Posted by kahhoeng > 2020-04-17 09:29 | Report Abuse

It's difficult to guess VT's move, whether to privatize BJLand or not, but one thing is certain though, VT is not a man of honoring his own words. So, best not hoping for a dividend or a privatization deal...

Posted by wantanmi > 2020-04-17 09:52 | Report Abuse

Yup! Same goes for BJCorp...Apparently left hand has been selling to right hand for a long time. Only difference this time...instead of using hidden hands, VT is officially using BJCorp & BJLand for shares buyback, setting a benchmark price in the market for a purpose which is brewing...so book ur tickets as...It's Now or Never!

https://youtu.be/hli1fuk8zQQ

Posted by Sansing > 2020-04-17 11:48 | Report Abuse

MGO look like coming !

Posted by gohku > 2020-04-17 12:19 | Report Abuse

I agree

Posted by Sansing > Apr 17, 2020 11:48 AM | Report Abuse

MGO look like coming !

Posted by hng33 > 2020-04-17 16:26 | Report Abuse

bought bjland at 19sen

Posted by bahai4453 > 2020-04-17 19:06 | Report Abuse

Bjld throwing smoke everyway to missed guide you. Pls be awared, dont kena lockup at 20 sen ++ at the end of the day.

Posted by bahai4453 > 2020-04-17 19:08 | Report Abuse

A non- dividend stock since 2014 but buying assets everyway in world.

Posted by nickleeson > 2020-04-17 22:42 | Report Abuse

all in

Posted by kelvin61 > 2020-04-18 00:16 | Report Abuse

Very safe to continue to collect and wait. Shouldn't be long before VT make the offer, cheers.

Posted by Surewind > 2020-04-18 00:50 | Report Abuse

Just topped up some today at a higher price than my earlier holdings. Hope for the best at least 10-30% profit.

Posted by stockraider > 2020-04-18 12:01 | Report Abuse

Another 15 million Bland bought by Vincent Tan gang, privatization getting closer...closer and closer loh...!!

Posted by kahhoeng > 2020-04-18 19:16 | Report Abuse

What if BURSA agree to a 10% shareholding spread and there's no privatization?

Posted by wantanmi > 2020-04-19 10:39 | Report Abuse

Will history repeats itself? Have a good weekend to plan your moves to get a better exit offer than Cosway should it happens anytime now?

http://disclosure.bursamalaysia.com/FileAccess/viewHtml?e=149637

Posted by stockraider > 2020-04-19 22:18 | Report Abuse

Even if Bursa agree to extend 90%, it just buy time for VT to collect more, eventually VT still want to privatise bland loh...!!

Too profitable & attractive for him to privatise & earn much more more loh...!!

Posted by kahhoeng > Apr 18, 2020 7:16 PM | Report Abuse

What if BURSA agree to a 10% shareholding spread and there's no privatization?

Posted by kahhoeng > 2020-04-20 09:24 | Report Abuse

err... what if VT stop collecting once 10% shareholding spread is reached? It's not like he had not done that before.

Posted by wantanmi > 2020-04-20 15:03 | Report Abuse

Yup!...only problem is Time Waits for Nobody...
JDC compensation should be settled with BJLand once MCO lifted by May & once the cash comes from JDC compensation & GMOC arbitration, share price may not be this cheap anymore as not much free floating shares left...

https://sisawasoseol.tistory.com/m/570
https://youtu.be/0NAlcdGzyUw

Posted by IamBalina > 2020-04-20 15:52 | Report Abuse

Better dont touch, later sure kena trap again

Posted by bahai4453 > 2020-04-20 20:00 | Report Abuse

VT is trapping newbies to joint the old timers. He bulshits for so many years and bulshits a few more times make no difference.
Trapped in a share with zero return is stupid.
I give myself a couple of weeks to the outcome.

Posted by kahhoeng > 2020-04-20 20:39 | Report Abuse

To meet shareholding spreads breach in Nov 2019, BJCorp has entered into direct business transaction to who knows what then to dispose some shares. With the recent 70 million shares added, wonder how many is collected from this who knows what?


https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3007261

Particulars of substantial Securities Holder

Name BERJAYA CORPORATION BERHAD
Address Lot 13-01A, Level 13 (East Wing), Berjaya Times Square, No.1 Jalan Imbi,
Kuala Lumpur
55100Wilayah Persekutuan
Malaysia.
Company No. 554790-X
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary Shares

Details of changes

No Date of change
No of securities
Type of Transaction Nature of Interest
1 29 Nov 2019
30,000,000
Disposed Deemed Interest
Name of registered holder Juara Sejati Sdn Bhd

Posted by sailang_now > 2020-04-21 00:57 | Report Abuse

Wow...BJLand & BJCorp buyback almost everyday like no tomorrow while Machais try to discourage people from buying cheap. Something good must be up?

Immediate Announcement on Shares Buy Back

BERJAYA LAND BERHAD

Date of buy back 20 Apr 2020
Description of shares purchased Ordinary Shares
Currency Malaysian Ringgit (MYR)
Total number of shares purchased (units) 7,500,000
Minimum price paid for each share purchased ($$) 0.190
Maximum price paid for each share purchased ($$) 0.190
Total consideration paid ($$) 1,429,959.00
Number of shares purchased retained in treasury (units) 7,500,000
Number of shares purchased which are proposed to be cancelled (units)
Cumulative net outstanding treasury shares as at to-date (units) 71,337,104
Adjusted issued capital after cancellation
(no. of shares) (units) 5,000,337,104
Total number of shares purchased and/or held as treasury shares against total number of issued shares of the listed issuer (%) 1.42665

Posted by SDF2000 > 2020-04-21 10:50 | Report Abuse

From BJLand's core activities (ref : https://www.berjaya.com/berjaya-land/corporate-profile.php)
(i) Gaming and Lottery Management; -- Have Sports Toto listed separately already
(ii) Hotels, Resorts, Recreation Development and Vacation Timeshare; -- Maybe can consider listed separately under BHR (Berjaya Hotels and Resorts); currently it already has own website : https://www.berjayahotel.com/
(iii) Property Investment and Development; -- Maybe can consider listed separately under Berjaya Properties; currently it already has own website : https://www.berjayaproperties.com/
(iv) Motor Retailing; -- Maybe can consider combine Berjaya Motor Trading with Berjaya Assembly Sdn. Bhd and listed separately.
Then perhaps, Privatization of BJLand maybe is the goal or underway and ultimately having each Business to focus on its own sector.
But not sure will these really happening and if so, how will shareholders benefit from these.

Posted by wantanmi > 2020-04-21 12:44 | Report Abuse

Yup! Remember the biggest shareholders are BJCorp & VT related companies with 87%, they will get the lion's share once the cash comes. Only thing... they don't want to share as much as possible with minority, while the Buyback in progress to mop up the cheap shares from market and getting Macais to discourage others from topping up...Also BJCorp share price almost parity for a share swap?

https://youtu.be/ajrSio-w23g

Posted by KWSI7317 > 2020-04-22 00:28 | Report Abuse

Any update on bviut sales?

Posted by ttboo > 2020-04-22 17:31 | Report Abuse

Today vol low...

Posted by kahhoeng > 2020-04-22 17:50 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3045612

Immediate Announcement on Shares Buy Back

BERJAYA LAND BERHAD


Date of buy back 22 Apr 2020
Description of shares purchased Ordinary Shares
Currency Malaysian Ringgit (MYR)
Total number of shares purchased (units) 1,000,000
Minimum price paid for each share purchased ($$) 0.190
Maximum price paid for each share purchased ($$) 0.190
Total consideration paid ($$) 190,661.20
Number of shares purchased retained in treasury (units) 1,000,000
Number of shares purchased which are proposed to be cancelled (units)
Cumulative net outstanding treasury shares as at to-date (units) 79,837,104
Adjusted issued capital after cancellation
(no. of shares) (units) 5,000,337,104
Total number of shares purchased and/or held as treasury shares against total number of issued shares of the listed issuer (%) 1.59663

Posted by bahai4453 > 2020-04-22 19:41 | Report Abuse

Wait for the good news or VT just another mf.

Posted by kahhoeng > 2020-04-22 19:53 | Report Abuse

Best don't touch, VT has already shown us minorities, if he's not buying, there is no support. If you want to buy, best get his permission. It's already not a retail investor's choice of investment now, sigh!

Posted by wantanmi > 2020-04-22 21:28 | Report Abuse

Looks Good! from first share buyback on 8/4 to latest shares buyback on 22/4. Cumulative treasury shares has increased to 79.8 million shares from 12.4 million on 8/4 representing 1.6% of total issued shares.

If BJCorp & VT related companies already holds 86%, excluding 1.6% treasury shares held by BJLand, free floating shares left only 12.4% in the market...if still undecided... it's Time to make your moves soon...

https://youtu.be/7xFlnKtmwAU

Posted by ignissimia > 2020-04-23 00:45 | Report Abuse

It makes sense that BJLand continues shares buyback, for a song as the present market price is, to hold as Treasury Shares.

By the time the treasury shares reach a little over 5.1% of the outstanding number of shares issued, BJCorp's percentage of shareholdings of BJLand will reach 90% to trigger off a Compulsory Acquisition, without having to buy a single extra share over what they already own.

Current Treasury Shares in BJLand stand at just under 1.623%.

Posted by wantanmi > 2020-04-23 09:10 | Report Abuse

Yup! Thxs for the alert on a potential sneaky move by the majority...but since BJCorp & VT related companies already controls 85% of BJLand before commencements of share buyback on 8/4....can anybody confirm the majority needs to acquire 90% of the balance of 15% remaining minority shares I.e. 13.5% to be added to 85% = 98.5% control or a simple 90% control before can initiate compulsory acquisition?

Can @Stockraider or other stock market experts comment on this matter?

ignissimia It makes sense that BJLand continues shares buyback, for a song as the present market price is, to hold as Treasury Shares.

By the time the treasury shares reach a little over 5.1% of the outstanding number of shares issued, BJCorp's percentage of shareholdings of BJLand will reach 90% to trigger off a Compulsory Acquisition, without having to buy a single extra share over what they already own.

Current Treasury Shares in BJLand stand at just under 1.623%.

Posted by Leong1982 > 2020-04-23 11:29 | Report Abuse

Today no share buyback already, this morning so quiet, no bullet already kah??

Posted by sailang_now > 2020-04-23 12:12 | Report Abuse

Or no more cheap shares left for sale? since short selling suspended by Bursa due to Covid19 pandemic??

Posted by kahhoeng > 2020-04-23 18:35 | Report Abuse

interestingly, while there's no buy back announcement today by BJLand, BJLand is traded mostly at 0.195 with 4.53 million shares volume. It is closed at 0.19 only with a 10,000 shares volume...

Posted by Paulnga > 2020-04-24 10:25 | Report Abuse

No more cheap stock, want to buy more, please increase the price, hahaha!

Posted by kahhoeng > 2020-04-24 10:45 | Report Abuse

Hopefully, BJCorp and BJLand keep buying back and genuine about privatization. Otherwise, can only hope for dividend.

Posted by stockraider > 2020-04-24 10:49 | Report Abuse

Compulsory acquisition not trigger like this loh....!!
Even 90% they cannot compulsory acquired mah, but they can threaten delisting of bland share mah, sending many shivers that more minority shareholders willing to sell mah....!!

Posted by ignissimia > Apr 23, 2020 12:45 AM | Report Abuse

It makes sense that BJLand continues shares buyback, for a song as the present market price is, to hold as Treasury Shares.

By the time the treasury shares reach a little over 5.1% of the outstanding number of shares issued, BJCorp's percentage of shareholdings of BJLand will reach 90% to trigger off a Compulsory Acquisition, without having to buy a single extra share over what they already own.

Current Treasury Shares in BJLand stand at just under 1.623%.

Posted by tah16600 > 2020-04-24 12:02 | Report Abuse

Just top up , look like coming

Posted by kahhoeng > 2020-04-24 15:50 | Report Abuse

truth is, BJLand buying into 7-11 is not a comforting news to BJLand minorities at all, given that 7-11 is already majority owned by BJCorp (or is it VT he himself?) If BJCorp needs to hold more but can't afford to, why isn't BJCorp having BJLand to distribute dividend so BJCorp can buy if BJLand is the entity with free cash. The whole story shows nothing but a majority who isn't willing to share...

Posted by wantanmi > 2020-04-24 17:10 | Report Abuse

Yup! Use ur intuition to know who are VT's Macais in sheep's clothing, always claiming to be minority while trying to discourage others from investing through various means...but quietly helping VT to mop up cheap shares from market...

BJLand even with aggressive shares buyback...is also investing big in2 7Eleven which is privatising Caring Pharmacy...Ultimately, what is the end game? VT to restructure his biz empire?...delisting & privatization of BJLand soon? as planned after sale of FS Kyoto?

https://www.theedgemarkets.com/article/vincent-tan-restructure-his-business-empire

Note: Both 7Eleven & Caring Pharmacy are listed as Essential Services are operating during MCO period and earning cash while others are not...

https://www.theedgemarkets.com/article/berjaya-land-seen-mopping-7eleven-malaysia-shares-lately

https://youtu.be/OAWLnNKmNZM

Posted by kahhoeng > 2020-04-24 17:26 | Report Abuse

wantanmi, what's 7-11 got to do with BJLand? To my understanding, BJLand is a property developer and investor with a majority stake in BJToto providing cash flow to fund its expansion or offering cushion during bad moves/environment. You may love VT's restructuring garbage, but for me to buy more shares because BJLand is buying a bit of this a bit of that but no money to share with its minority shareholders, I would be an idiot...

Posted by wantanmi > 2020-04-24 17:56 | Report Abuse

Yup! Anybody is free to do what they wishes as it's a free world...no need for any sort of verbal or nonverbal intidimation or discouragement like seeking anybody's permission or whatsoever...

But ultimately, what is the VT's end game with all these assets purchase & share buy backs? Any idiots can see he's planning something big! to restructure his biz empire?...delisting & privatization of BJLand soon? as planned after sale of FS Kyoto?

https://www.theedgemarkets.com/article/vincent-tan-restructure-his-business-empire

https://youtu.be/quosahdp8LM

Posted by kahhoeng > 2020-04-24 18:10 | Report Abuse

wantanmi, BJLand is buying BJAsset and BJFood as well, why don't you comment on that also? What's the rational of buying non-related industry or subsdiaries of BJCorp while BJLand is already a subsidiary of BJCorp while claiming no money for dividend?

Posted by bahai4453 > 2020-04-24 18:55 | Report Abuse

Dropped from 1.25 in year 2010 and never turn back again.
No dividend given since 2014.
Within these they invested in Vietnam, China Japan, Iceland and recently Myanmar .
Today remained as the lowest priced stock among the peers with the same capacity.
Anybody still holding the 1.25 ???
Why ???
Screwed up boss or management??

Posted by wantanmi > 2020-04-24 19:27 | Report Abuse

I rest my case....

Use ur intuition to know who are VT's Macais in sheep's clothing, always claiming to be minority while trying to discourage others from investing through various means...but quietly helping VT to mop up cheap shares from market...

Posted by Surewind > 2020-04-24 20:04 | Report Abuse

This is sort of expected scenario when you invest in VT shares.
Thats why dont all in and sell some when you have decent profit.
He can afford to play like this for few years and he has been doing it already.
I holding around 1 year + or more and hand chance at easy 30+% profit but nvr sold.
Next time i will sell half and keep another half for privatization or dividend.

Posted by kahhoeng > 2020-04-24 20:07 | Report Abuse

wantanmi, I am still keeping my shares, I am not selling because I am pissed off or buying because there's going to be a 'big move.' Though, those looking to buy should be cautious, for one VT is not paying dividend despite profits and VT is using the money to buy shares in companies that's has no relation to BJLand current business but only his own interest...

Posted by ignissimia > 2020-04-24 23:27 | Report Abuse

Stockraider, you are right, my thinking got muddled up. Crossing the 90% line by VT will, instead, render BJLand's public spread falling below the 10% minimum level and result in trading suspension. This would not be in tune with VT's grand plans going by what he had outlined in the news days before Christmas in 2018. (read link: https://www.thestar.com.my/business/business-news/2018/12/20/Vincent-tan-makes-his-move)

Posted by stockraider > Apr 24, 2020 10:49 AM | Report Abuse

Compulsory acquisition not trigger like this loh....!!
Even 90% they cannot compulsory acquired mah, but they can threaten delisting of bland share mah, sending many shivers that more minority shareholders willing to sell mah....!!

Posted by ignissimia > 2020-04-24 23:43 | Report Abuse

Compulsory acquisition is a activity that may happen towards the end of a code takeover process when certain criteria are met.

Posted by Eddysurge > 2020-04-25 09:53 | Report Abuse

To discourage investors for buying? So that can accumulate cheaply??? If there's is a regulator or VT machai, you think who's can more advantageous? For what I see, the price & volume traded already can be arranged. So the action so obvious that can't be using excuses to cover. What kahhoeng point out, is damn so accurate. The only thing, the investment in this company becomes so privately, privatisation. More is , the black sheep for others bursa listing IPO to imitation.