Posted by roundcateye > 2021-03-30 19:04 | Report Abuse

BJLand should be much higher than BJCorp. The gap seems widen between the two. BJLand could be up in the second much stronger wave, as logically, the price of the mother share has to move up first. And, the rumours is the money from GMOC will soon to return specifically to BJLand (unlike previous magic show on the jeju project's compensation). I have been waiting for more than four years, buying on the empty promises by VT.

Posted by nextan > 2021-03-30 21:41 | Report Abuse

Tp 1.00

Posted by roundcateye > 2021-03-30 23:02 | Report Abuse

It is interesting to note that BJLand has made several impairment losses on GMOC. Notably 2018 about RM155mil impairment till the recent 2020. These impairments should be reversed once the remaining sum, about RM600mil++ is received. Hope it is true. What do you think Kahhoeng?

Posted by kahhoeng > 2021-03-31 08:11 | Report Abuse

no idea, if the China project sale proceed is returned, surely there's a few hundred million of profit to be book, from impairment made earlier to interest cost compensation. Right now, I am more pissed off by Bursa and SC not taking a stand to defend minorities and yet hoping for more retail participation.

Posted by kelvin61 > 2021-03-31 08:56 | Report Abuse

In investing, the secret to winning is buying the right stock from Day One. Afterwich, how much you want to make is up to you. If you're happy with the management then stay , if not, move on. No point to fret. Life is stressful enough. Everything will be resolve in time. Anything else is pure speculation. Based on VT's privatisation track record in the past, the offer made has been reasonable. No point to doubt him now, cheers.

Posted by Timercheng > 2021-03-31 09:03 | Report Abuse

Going to break 30 sen today

Posted by Anaconder > 2021-03-31 09:12 | Report Abuse

Privatization coming

Posted by Youngkid > 2021-03-31 09:15 | Report Abuse

Still can buy ?

Posted by Anaconder > 2021-03-31 09:19 | Report Abuse

Hentam lah bro ! 40 sen I think can be achieve soon

Posted by Rockers > 2021-03-31 09:22 | Report Abuse

Wow! betul mari, VT want to donate kah?

Posted by shortinvestor77 > 2021-03-31 09:30 | Report Abuse

Don't sell. wait till it reaches 40 cents.

Posted by simon2020 > 2021-03-31 09:39 | Report Abuse

Looking good! RM650 million cash from GMOC received already? Add back RM155 million impairment provision total gain for next P&L should add at least RM805 million to BJ Group? First TP 50 sens?

Posted by shortinvestor77 > 2021-03-31 09:46 | Report Abuse

BJLand is the full beneficial of GMOC compensation, not BJCorp.
So BJLand share price should be more than BJCorp for this case.

Posted by winmal > 2021-03-31 10:56 | Report Abuse

don't speculate... price action see to go up more

Posted by ignissimia > 2021-03-31 11:00 | Report Abuse

I hate to disappoint you but BJLand only owned 51% of the GMOC project. However VT owned the other 49%. It's subjective which is a better arrangement for BJCorp and BJland going forward, hereon.

Posted by Edddddd > 2021-03-31 12:05 | Report Abuse

Ikan bilis please hoot gi this stock can reach Rm10.00 huat ah

Posted by shortinvestor77 > 2021-03-31 13:15 | Report Abuse

See BJCorp and BJAsset prices, then you should know where BJLand will go.

Posted by nextan > 2021-03-31 13:45 | Report Abuse

Bought at 0.35 insider's news will goreng until 0.50 don't miss the boat !

Posted by Zamrijin > 2021-03-31 13:54 | Report Abuse

How many land he got cheap due to cronism??

Anyone

Posted by Zamrijin > 2021-03-31 13:56 | Report Abuse

U guy dont be conned by vt

He is pump n dump soon

Posted by emil > 2021-03-31 13:59 | Report Abuse

Careful oh, Big drop coming, Sharks also want to take profit

Posted by simon2020 > 2021-03-31 14:18 | Report Abuse

Still room to move upwards. According to SimplyWallstreet analysis, BJLand's fairprice is 0.87 compared to its current price of only 0.35.
https://simplywall.st/stocks/my/consumer-services/klse-bjland/berjaya-land-berhad-shares#valuation

Posted by wkkht > 2021-03-31 14:24 | Report Abuse

The boss will restore these counters to their former glory before retiring.

Posted by nextan > 2021-03-31 14:25 | Report Abuse

Who believes it still can enter

Posted by emil > 2021-03-31 14:25 | Report Abuse

BJCorp and BJLand already up 5 days....Careful oh, Big drop coming, Sharks also want to take profit

Posted by wkkht > 2021-03-31 15:18 | Report Abuse

BCorp share price more than doubles in two weeks as speculation on Vincent Tan's revamp plan continues
TheEdge Wed, Mar 31, 2021 02:32pm - 28 minutes ago


KUALA LUMPUR (March 31): Shares in Berjaya Corp Bhd (BCorp) more than doubled in two weeks to its five-year high of 43 sen today as speculation on its boss Vincent Tan's revamp plan continues.

At the 12.30pm break, BCorp — the most active stock — settled three sen or 6.33% higher at 42 sen, valuing the group at RM2.03 billion.

Trading volume stood at 294.92 million, exceeding its 200-day average volume of 19.73 million. The stock has soared 121% year-to-date (YTD) from 19 sen on Dec 31 last year.

It was reported that Tan had decided to take a backseat in the running of the company, and is turning towards hiring professional managers to helm the group.

This was followed by the appointment of a non-family member, CEO Abdul Jalil Abdul Rashid. Jalil’s appointment as the new CEO was announced on March 16, as he took over the position from Datuk Seri Robin Tan Yeong Ching.

Furthermore, Tan also revealed that the group is in a period of consolidation to sweat its assets to enhance its value. Besides, Tan said the group will not be acquiring any assets for now.

The founder, CEO and the group’s executive director have acquired the company’s shares recently. On March 25, BCorp’s executive director Derek Chin Chee Seng bought 50,000 shares of the group in the open market.

On March 24, Jalil had acquired 70 million of the group’s shares at 28 sen a share, giving him a 1.4% stake in the diversified conglomerate. On the same day, the boss, Tan had disposed of 70 million shares via a direct business transaction. Following the disposal, Tan had a direct interest of 25.71% or 2.59 billion shares in BCorp.

Other than BCorp, its structured warrants also were among the top active stocks. BJCorp-WB jumped 28.57% or three sen to 13.5 sen; while BJCorp-WC grew 23.81% or 2.5 sen to 13 sen.

BCorp also has several listed subsidiaries in its fold, namely Berjaya Sports Toto Bhd (BToto), Berjaya Land Bhd (BLand), Berjaya Food Bhd (BFood), Berjaya Assets Bhd (BAssets) and 7-Eleven Malaysia Holdings Bhd.

Shares of BToto inched up 1.5 sen or 0.72% to RM2.11, giving it a market capitalisation of RM2.85 billion; BLand climbed 27.27% or 7.5 sen to 35 sen; BFood rose two sen or 1.12% to RM1.80.

Meanwhile, BAssets grew 15% or six sen to 46 sen, valuing it at RM1.18 billion, and 7-Eleven rose four sen or 2.94% to RM1.40.

Posted by Yoong888 > 2021-03-31 15:27 | Report Abuse

Soon they will know there’s no more shs to buy ... low float, limited number left to buy cheap. Buy now before too late, too valuable to miss BJLAND

Posted by Yoong888 > 2021-03-31 15:33 | Report Abuse

This is the 1st time since 12yrs BJLAND has recovered strongly as investors start to appreciate its strong asset value

Posted by Bgt 9963 > 2021-03-31 15:43 | Report Abuse

Be fearful when everyone is greedy....Warren Buffett...!

Posted by kentrade888 > 2021-03-31 15:50 | Report Abuse

Tomorrow (bjland) the share price will surpass (bjcorp).

Posted by ignissimia > 2021-03-31 16:13 | Report Abuse

Those asking for 38c cash..... wishes fulfilled already.

Posted by kentrade888 > 2021-03-31 16:17 | Report Abuse

This counter will continue to rise above RM1.

Posted by salemt > 2021-03-31 16:31 | Report Abuse

Sleeping dragon just wake up....

Posted by Eric Lim > 2021-03-31 16:42 | Report Abuse

engine just warming up......

Posted by kentrade888 > 2021-03-31 16:44 | Report Abuse

This counter is not affected by the market decline.

Posted by salemt > 2021-03-31 16:53 | Report Abuse

Limit up tomorrow....

Posted by simon2020 > 2021-03-31 16:56 | Report Abuse

With Penta out of the picture, there's no more unlimited seller in a cornered market with only 13% freefloat, as even the earlier 3% BJLand shares held under proxy by Penta under PCM Industrial LP has also been sold out earlier in the year.
The offers from Management will come sooner or later to address the elephant in the room before other BJ counters can advance further.

Posted by kelvin61 > 2021-03-31 17:04 | Report Abuse

Like I said ths morning don't fret, have faith and stay cool. The offer is near and just hope for the best, cheers.

Posted by Leong1982 > 2021-03-31 18:48 | Report Abuse

Net asset value is more than RM0.80 and most assets have not been revalued for many years already.. So the true net asset value must be greater than RM0.80...
Boss now wanna buy from you at RM0.50, will you sell to him?

Posted by nextan > 2021-03-31 20:43 | Report Abuse

Tomorrow hit 0.50 cent.

Posted by mf > 2021-03-31 20:59 | Report Abuse

CEO Jalil spends an estimated RM41.2 mil to raise stake in BCorp

http://www.theedgemarkets.com/article/ceo-jalil-spends-estimated-rm412-mil-raise-stake-bcorp

Posted by bryson > 2021-03-31 21:15 | Report Abuse

Tomorrow??

Posted by nextan > 2021-03-31 21:18 | Report Abuse

That means VT no more controlling BJc groups anymore.
This is a good news for shareholders after holding this company for so many years. Hope Jalil can turnaround this company .

Posted by numberone > 2021-03-31 21:19 |

Post removed.Why?

Posted by elburtkhor > 2021-03-31 22:42 | Report Abuse

Why talking about xix..this is bjland foum

Posted by nextan > 2021-03-31 23:38 | Report Abuse

Silap cross line bro ....

Posted by mf > 2021-04-01 07:06 | Report Abuse

Abdul Jalil beli 66 juta lagi saham BCorp

Wartawan BH - Mac 31, 2021 @ 9:27pm
bhbiz@nstp.com.my

Posted by fengpinglangjin > 2021-04-01 07:56 | Report Abuse

Probably share sawp bjcorp n bjland privatise. After that bjcorp will rise to rm2.

Posted by fengpinglangjin > 2021-04-01 08:01 | Report Abuse

if vt wan to donate half his net worth..probably he will make sure he got comparable market caps as his good friend ts lim. At least make bjcorp 15 bil company and get into klci index b4 he can say donate.

Posted by simon2020 > 2021-04-01 08:13 | Report Abuse

Yes privatize/delist BJLand to monetize all the assets held under BJLand? e.g.40% shares in BJToto, H.R.Owens, Icelandair Hotels, cash of RM650 million from GMOC, assets & landbank etc..
"Some of the things Jalil as Group CEO can do for Berjaya Group in the next 100 days?
Underperforming assets is a drain on earnings and cash flow, distracts management, and erodes employee, customer and shareholder confidence. Jalil can identify and quantify opportunities to unlock shareholder value by divesting and/or improving under-performing and non-core business units or assets.

#Identify and quantify opportunities (stranded, troubled, distressed)
#Markets & Competitive Review
#Capital Efficiency Assessment
#Asset Valuation
#Remediation
#Leadership
#Plan for reorganization of core assets into consumer verticals & divestiture of non core assets?"