Posted by somo1 > 2020-04-26 14:18 | Report Abuse

it's the first time in the last 18 months where it closed higher than BJCorp (0.20 vs 0.195). Hmm, something interesting is unfolding...

Posted by bahai4453 > 2020-04-26 18:04 | Report Abuse

They are trying to woo you into the trap.
This counter can only enter at below 0.16.
VT never expect covid-19 after January, even though he said he might privatize BJLd in first half of 2020.
Just think what will benefit VT during this difficult time to privatize BJLD.?
If you're are VT will you do it at this moment?

Sell and cut cost, don't waste your time here.

Posted by simon2020 > 2020-04-26 18:41 | Report Abuse

VT Marchais must be desperate to earn their keep.

Heard bad news at BJCorp which just announced austerity measures for the group effective from April 1 on following:

* salary reduction and reduction of fixed monthly allowances effective April 1.
* unpaid leave effective May 1.

"The above austerity measures," Tan said, "are necessary to ensure business continuity for the Group and to mitigate or avoid any further drastic measures to be taken, which could include closure of more business units, further downsizing and retrenchment exercises."

There's room for BJCorp to move lower next week?

Posted by Eric Lim > 2020-04-27 11:00 | Report Abuse

Bad news for employees is good news to shareholder

Posted by stockraider > 2020-04-27 11:02 | Report Abuse

DON BE SOHAI LOH....!!

CUT COST BAD NEWS MEH ???

GOOD NEWS MAH....!!

Posted by simon2020 > Apr 26, 2020 6:41 PM | Report Abuse

VT Marchais must be desperate to earn their keep.

Heard bad news at BJCorp which just announced austerity measures for the group effective from April 1 on following:

* salary reduction and reduction of fixed monthly allowances effective April 1.
* unpaid leave effective May 1.

"The above austerity measures," Tan said, "are necessary to ensure business continuity for the Group and to mitigate or avoid any further drastic measures to be taken, which could include closure of more business units, further downsizing and retrenchment exercises."

There's room for BJCorp to move lower next week?

Posted by wantanmi > 2020-04-27 11:42 | Report Abuse

Yup! It's about time to get rid of all the "surplus staff" aka macais & implement VT's long delayed restructuring plan for BJGroup after sales of FSKyoto, while still got cash?

BJGroup already sold FSKyoto for cash profit, now using cash to acquire cheap 7-Eleven shares from market & 7-Eleven in process of privatizing Caring Pharmacy...After that BJCorp will buyout 7-Eleven & take BJLand private?

Sounds familiar right?

"After the sale of the hotel in Kyoto, BCorp will have an expanded war chest to buy out 7-Eleven Malaysia Holdings, whose share price has slipped to a 15-month low of RM1.27.

Meanwhile, BCorp may carve out the hotel assets from BLand, in which it controls a 70.32% stake, and float the assets in Singapore. BLand, which is trading at a sharp 77.8% discount to its net asset per share of 81 sen, will be taken private."

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

Posted by SDF2000 > 2020-04-27 12:57 | Report Abuse

SEM previously majority shares hold by VT (himself), VIP from Johor and Mr. Tsai (from Taiwan).
Maybe VT is considering Injecting SEM (with Caring Pharmacy inside as well) into BJCorp (Directly OR through BJLand).
BJLand most probably (like mostly people think) can go privatization. BHR (Hotel and Resort) may perhaps split out from BJLand, and BJLand will become Berjaya Properties (If going to IPO listing again, the Land-bank it has may go through re-evaluation which the true value of the asset can reflect).
Based on last record that I can find, BJCorp holding around 77% of BJLand (Direct + Indirect).
Not sure will this be the same approach like 2006 (Injection of valuable asset into BJCorp, NTA improve significantly; attracting Fund Managers to buy more; then Dividend might come along the way). Of course, before that BJLand might have a mini-bull before BJCorp?

Posted by wantanmi > 2020-04-27 17:25 | Report Abuse

Yup! Also money saved is money earned as BJLand made a savings of USD10 million or RM43.6 million (which could useful as dividends for shareholders?) on its purchase of 75% of IcelandAir's prime hotels assets in Iceland, one of those countries least affected by the Pandemic. Whose economy is well placed to return to biz in the medium term.

Only just wondering why VT's in a hurry to complete the assets purchase on 4 April instead of originally planned on 31 May?

https://www.globenewswire.com/news-release/2020/04/03/2011319/0/en/Icelandair-Group-hf-Completion-of-the-sale-of-Icelandair-Hotels-to-Berjaya.html

https://www.reuters.com/article/iceland-rates-idUSL8N2B423J

https://www.theedgemarkets.com/article/berjaya-land-fulfils-all-conditions-icelandair-hotels-stake-buy-deal

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

no share buy back for two trading days straight, wonder why? Bursa yet to decide what to do with BJCorp + VT's over 85% stake in BJLand?

Posted by wantanmi > 2020-04-27 20:51 | Report Abuse

Yup! Looks like VT Biz reorganization plan as highlighted by VT earlier is falling in place?

"7-Eleven, via its unit Convenience Shopping (Sabah) Sdn Bhd (CSSSB), has satisfied the conditions of the Capital Markets and Services Act 2007 to issue the notice to dissenting shareholders.

As at March 27, CSSSB and the parties acting in concert — namely 7-Eleven, Tan Sri Vincent Tan, Jitumaju Sdn Bhd and U Telemedia Sdn Bhd — had obtained 215.04 million Caring shares representing a 98.77% stake as at March 25, 2020....paving the way for compulsory acquisition of minority shares and privatization...is BJLand next??

https://www.theedgemarkets.com/article/7eleven-issues-notice-compulsory-acquisition-dissenting-caring-shareholders

Posted by SDF2000 > 2020-04-28 09:15 | Report Abuse

"Only just wondering why VT's in a hurry to complete the assets purchase on 4 April instead of originally planned on 31 May?"
My guess is Either could be (i) the seller would like to have the deal done fast (need the money??) OR (ii) VT would like to have the investment deal (cost) reflect in Q3 Qtr Report (Mid May), so that Q4 Qtr Report might able to capture more positive stuff.
Btw, also seeing VT buying BJAsset shares (inclusive but not only through BJLand). He is holding around 63% (Direct + Indirect). Wondering whether this has anything to do with BJLand?

Posted by kahhoeng > 2020-04-29 11:50 | Report Abuse

Hmm... I have been right? Seems like there's no buying interests except for VT and related party. Since BJLand stop buying back last Friday, the trading volume has been hanging low... Wonder why's BURSA not announcing its view on BJLand's low liquidity?

Posted by Eddysurge > 2020-04-29 12:16 | Report Abuse

Don't know can be like Caring, suddenly declare 98% mgo?

Posted by kahhoeng > 2020-04-29 13:09 | Report Abuse

Guess there's nothing impossible with VT, especially with BURSA still silent about shareholding spread in BJLand...

Posted by wantanmi > 2020-04-29 15:51 | Report Abuse

Yup! Don't worry so much for the Boss. Let Bursa deals with repeat & known offenders. It's interesting to note a new Bursa Chairman & a new Public Interest Director will be coming in May.

https://www.nst.com.my/business/2020/04/585282/wahid-heads-bursa-new-chairman

An MGO is a matter of time...only problem is BJCorp & related VT parties only managed to grab 86% and not 98.5% to do a Caring style takeover. Looks more like a Cosway style delisting & MGO through shares swap with BJCorp since share price parity already?

Posted by SDF2000 > 2020-04-29 15:58 | Report Abuse

If Institutional shareholders still holding the 3.50% - 3.74% adding with VT's (Direct + Indirect), will be around 90.0% - 90.5% already. Hmm... will they join force to privatize the BJLand.
And also maybe can let the Wisma Cosway, Kota Raya and few more to consolidate together with BTS (Times Square) to form sort of REITs (possibility is there).
REITs, Properties, Hotel and Resorts, etc... if this scenario happen, all can focus on their own area of business. Maybe nicer? But again, if this will happen then what benefit the shareholders will get from here? hmm...

Posted by SDF2000 > 2020-04-29 17:02 | Report Abuse

And most probably the Market free float (minus VT's and Institutional) could be just around 476Mil shares. If x RM0.20, would be around RM95Mil. Something to think about....

Posted by bahai4453 > 2020-04-29 18:12 | Report Abuse

Privatizing of BJLD is seem like a dream now! hahaha....

Posted by gangnam > 2020-04-30 11:25 | Report Abuse

Lol...耐心有其收获，请问谭叔叔

Posted by SDF2000 > 2020-04-30 14:31 | Report Abuse

Option (1) Privatization; Option (2) Delist. Will he come out with Option (3).

Posted by wantanmi > 2020-04-30 15:05 | Report Abuse

Yup! MGO with share swap? since parity with BJCorp, as he needs the cash coming soon from Jeju Compensation by JDC & GMOC Arbitration by Beijing SkyOcean due wholly to BJLand anytime now as coming to 3 years already...

https://youtu.be/m-PQTIIVlwA

Posted by firehawk > 2020-04-30 15:07 | Report Abuse

whole market is sizzling ... except this one :-(

Posted by kahhoeng > 2020-04-30 15:19 | Report Abuse

There's always other options, like no privatization or delisting with BURSA's blessing, no dividend or share price gain even when receiving billions from Jeju or Sg Besi court ruling...

Posted by wantanmi > 2020-04-30 15:42 | Report Abuse

Yup! But are you speaking on behalf of VT? :)

Posted by kahhoeng > 2020-04-30 15:45 | Report Abuse

wantanmi this is what's happening now! BJCorp and BJLand sold Kyoto Four Season for 1.9 billion, giving NO dividend, share price is falling despite shares purchased, and BURSA didn't say a f**king word after so many days!

Posted by stockraider > 2020-04-30 15:48 | Report Abuse

It is falling bcos VT wants it to fall mah....!!

If u want to privatise u want it to fall and not up in order to buy more loh....!!

Posted by kahhoeng > Apr 30, 2020 3:45 PM | Report Abuse

wantanmi this is what's happening now! BJCorp and BJLand sold Kyoto Four Season for 1.9 billion, giving NO dividend, share price is falling despite shares purchased, and BURSA didn't say a f**king word after so many days!

Posted by Eddysurge > 2020-04-30 16:31 | Report Abuse

Why SEM no fell as well? Bjland bought ?

Posted by Eddysurge > 2020-04-30 16:43 | Report Abuse

有人說，老人股。勃不起了！

Posted by Leong1982 > 2020-04-30 17:33 | Report Abuse

you try to queue at 0.19 and see, obviously, you are not allowed to buy!

Posted by gangnam > 2020-04-30 22:11 | Report Abuse

Lol...这不是很明显吗？首先，他们尝试软方法...现在是硬方法！

Posted by kahhoeng > 2020-05-01 20:24 | Report Abuse

err... big difference between buying at 0.19 and 0.195?

Posted by bahai4453 > 2020-05-02 00:11 | Report Abuse

Why VT doesn't push it down to 12 cents and sapu all ? He still have times till June even he grabs 80 % of the shares.! Just keep dreaming and one fine day everything will go its ways..hahaha!

Posted by Eddysurge > 2020-05-02 09:30 | Report Abuse

整休來說，這股讓人寒心，不知所措。如果有春天，也是私人的。

Posted by Eddysurge > 2020-05-02 09:42 | Report Abuse

從此股做例子，這老板的公司都不靠譜。

Posted by tah16600 > 2020-05-02 10:23 | Report Abuse

Low publicity is one of the reasons that the price cannot go up. Another reason Investors r now concentrated on Glove n related ctrs. .

Posted by tah16600 > 2020-05-02 10:29 | Report Abuse

Aldy CxxK sure privatization is OTW. Be patient lol ! n it won't be long.

Posted by tah16600 > 2020-05-02 10:30 | Report Abuse

Keep buying if got bullets .

Posted by Alex™ > 2020-05-02 10:41 | Report Abuse

haha....all kena con by vincent tan...alex also kena trapp

Posted by gangnam > 2020-05-02 13:33 | Report Abuse

Lol...为什么每个人都在这里？谭叔叔在BJCorp股份回购时是什么时候？

Posted by Eddysurge > 2020-05-02 16:40 | Report Abuse

我也不想的。請問這子公司扮演什麼角色?

Posted by kahhoeng > 2020-05-02 21:40 | Report Abuse

额 多几家上市公司给孩子发工资？

Posted by Leong1982 > 2020-05-03 11:58 | Report Abuse

next round, dip to 12 cents again!

Posted by bahai4453 > 2020-05-03 20:58 | Report Abuse

If dip to 0.12 I'll chip in and wait for 0.19 to sell out. They are playing for the margin of 0.05 for so many times aldy. That's why 0.19 for them is nothing. By a million, how much is 0.05 ? Just calculate for me.

Posted by wantanmi > 2020-05-04 00:32 | Report Abuse

Yup! Except not much shares left in market as free float only remain at 11.2 to 14% with strong hands...don't think VT collaborators have much share left to sell cheap when there are buyers as short selling already suspended at Bursa...that's why they try to discourage buyers when price are cheap!

https://www.nst.com.my/business/2020/04/588159/short-selling-suspension-extended-june-30

Posted by Leong1982 > 2020-05-04 12:54 | Report Abuse

Bahai4453, don't try to talk like a big boss la. Do you have a million shares here?
mouth talk LP song

Posted by bahai4453 > 2020-05-04 15:56 | Report Abuse

Leong.
I'm not talking about myself. I'm talking about those big buaya and fox. If they're trading by a million every day how much they can make ?
Another question who is disposing milton of shares for him to collect as he wished.

Posted by wantanmi > 2020-05-04 16:51 | Report Abuse

Yup! Actually VT couldn't resist when he saw many buyers grabbing the cheap shares sold out by Macquarie & Goldman Sachs in March....

Now the same thing is happening to BJCorp, whose shares are sold down by BlackRock & Dimensional Fund with BJCoro shares buyback almost everyday...

Posted by bahai4453 > 2020-05-04 18:07 | Report Abuse

Every scenario has shown that BJCORP and Bjland are totally hopeless now as big players are dumping their shares.

Posted by wantanmi > 2020-05-04 18:37 | Report Abuse

Yup! But the heat is more on BJCorp due to current dumping ...price only up temporary due to BJCorp shares buyback everyday...savvy investors should sell BJCorp on strength and buy BJLand on any weakness...If there is a share swap. U still wins like Penta deal with BJCorp...

Posted by Leong1982 > 2020-05-04 21:42 | Report Abuse

Bahai, this counter is the best example of how minor shareholders are wiped out by by the big shareholder.

Pity those who bought above RM0.50 a few years ago... after a few years looking at the paper loss, I wonder how many had the guts to buy at RM0.12 in March to average down.

If Philanthropist really cares about the minority, he should know what to do since already control more than 85%