Posted by Sinoboy > 2021-04-09 10:26 | Report Abuse

Today likely to be red..

Posted by Sinoboy > 2021-04-09 10:27 | Report Abuse

Just eat some snacks, drink few cups of tea, watch the show :))

Posted by sailang_now > 2021-04-09 10:39 | Report Abuse

As long as mother share stays green the show is not over yet?

Posted by Nepo > 2021-04-09 11:49 | Report Abuse

I believe ikan bilis can bite some..but becareful sharks may suddenly appear..

Posted by stockraider > 2021-04-09 11:50 | Report Abuse

Since Bjcorp already hold 87% of bjland & assuming bjcorp privatise BLAND at 60 sen.........bcorp only need Rm 390m cash loh!

Since assets value of bland per share b4 revaluation is 80 sen, then bcorp will make at least rm 130m on privatization loh!

The share exchange ratio still can still maintained at 38 for 30 pegging bjcorp at 47.4 sen v bland 60 sen, should shareholders of bland chose the share option loh!

Highly affordable for bcorp to privatise bland...an easy picking fruits...very tempting for the 1st stage of value enhancement mah!

Posted by Sinoboy > 2021-04-09 12:40 | Report Abuse

What is the direction and decision for bjland, we can only speculate. Hopefully, it will be win-win situation :))

Posted by Bettyem > 2021-04-09 12:51 | Report Abuse

Amitabha...ir's tme to do good for future redemption? Blessings from Master Cheng Yen...

Posted by stockraider > 2021-04-09 15:01 | Report Abuse

Good question!

After privatization of bland...bcorp will not stop, the momentum value enhancement will continue loh!

The next stage is unlock bjcorp land holding in which it is landbank is a goldmine loh!

Example
1. Bukit jalil golf club
2. Bukit kiara golf club
3. Gombak golf club

Together these prime land already give a few thousand acre for berjaya loh!

Then there is bkt tinggi more than 10,000 acres where ECRL new alignment just pass thru will also contribute towards enhancement value for bcorp.

U should expect Rm 1.00 for bjcorp when they unlocked these land value which is an easy picking loh!


Posted by Eddysurge > Apr 9, 2021 1:04 PM | Report Abuse

@stockraider, if after privatisation, you expect the value of bjcorp shall be what's and how to funding bjland projects?

Posted by stockraider > 2021-04-09 15:02 | Report Abuse

As for privitization of bland...they only need Rm 390m or less...this can easily by funded by its existing group cash holdings plus compensations receipts from Great Wall Mall from China alone already Rm 650m mah!!

As Vincent Tan has undertake not to do more acquisition & by sweating the existing assets huge cash can be released to generate huge shareholders value mah!

Posted by Sinoboy > 2021-04-09 15:08 | Report Abuse

The money owing by China may take time, a few years maybe...

Posted by Sinoboy > 2021-04-09 15:29 | Report Abuse

Can sleep for next few weeks zzzzzzzz

Posted by simon2020 > 2021-04-09 15:40 | Report Abuse

Don't think so
1. The GMOC RM650 million arbitration award including interest accrued against Beijing SkyOcean by HKIAC was in May 2020.
2. Beijing SkyOcean's 70% shares in Tuopai Sheds was frozen by Beijing People Court in August 2020 to facilitate recovery of RM650 million owing to BJLand
3. The 70% shares owned by Beijing SkyOcean was successful auctioned to Fosun for RMB4.53B cash has been paid to China's court in Jan 2021 to pay Beijing SkyOcean's creditors.
4. BJLand as one of the creditors secured by the HKIAC award should received the RM 650 million anytime now?
https://www.theedgemarkets.com/article/berjaya-land-wins-rm595m-arbitration-award-against-chinese-mall-buyer
https://ir.fosun.com/static-files/91966076-54da-440b-9042-c821639fe21f

Posted by stockraider > 2021-04-09 15:57 | Report Abuse

Correct mah....!!

With recovery of Rm 650m...bcorp has cash to follow up with privatization of bland loh!!

Posted by simon2020 > Apr 9, 2021 3:40 PM | Report Abuse

Don't think so
1. The GMOC RM650 million arbitration award including interest accrued against Beijing SkyOcean by HKIAC was in May 2020.
2. Beijing SkyOcean's 70% shares in Tuopai Sheds was frozen by Beijing People Court in August 2020 to facilitate recovery of RM650 million owing to BJLand
3. The 70% shares owned by Beijing SkyOcean was successful auctioned to Fosun for RMB4.53B cash has been paid to China's court in Jan 2021 to pay Beijing SkyOcean's creditors.
4. BJLand as one of the creditors secured by the HKIAC award should received the RM 650 million anytime now?
https://www.theedgemarkets.com/article/berjaya-land-wins-rm595m-arbitr...
https://ir.fosun.com/static-files/91966076-54da-440b-9042-c821639fe21f

Posted by dompeilee > 2021-04-09 16:14 | Report Abuse

Louuu cheeen secretly disposing...

Posted by abc333 > 2021-04-09 18:50 | Report Abuse

VT throw BJland to retailers, this is the way he do charity ? next week gg??

Posted by simon2020 > 2021-04-09 19:53 | Report Abuse

Not many tickets left as Penta proxy PCM LP Industrial also sold their 3% earlier in the year? Minority shareholding was about 10.5% early in the year but has increased to 13% now. What they are selling is probably RSS shares or token sum of shares from associated companies in open market to lower the threshold for determining the 5 days moving average to calculate the base offer price?

Posted by kelvin17 > 2021-04-09 20:41 | Report Abuse

berjaya group and vt keep selling the shares how come ?? they are not collecting supposedly cheaper price in this current market

Posted by simon2020 > 2021-04-09 20:56 | Report Abuse

Actually the one selling BJLand in open market is associate company Berjaya Sompo Insurance which is only 30% owned by Berjaya the other 70% belongs to Sompo Japan. The shares sold through direct transaction is BJCorp shares probably to other Bankers to goreng or Jalil again at 43 sens?
https://insurancenewsnet.com/oarticle/Sompo-Japan-Becomes-Majority-Shareholder-of-Its-Malaysian-Joint-Venture-a-266000

Posted by kelvin17 > 2021-04-09 21:32 | Report Abuse

TQ Simon for the info

Posted by stockraider > 2021-04-10 11:38 |

Post removed.Why?

Posted by Sinoboy > 2021-04-10 12:27 | Report Abuse

Bjland quarterly results should be out soon I think

Posted by simon2020 > 2021-04-10 13:07 | Report Abuse

The 3rd qtrly report ended 31/3/2021 should be out by later May. Hopely there will be some disclosure on the status of recovery of RM650 million cash from sale of GMOC from Beijing SkyOcean?

Posted by Sinoboy > 2021-04-10 13:45 | Report Abuse

May? Why so long?

Posted by simon2020 > 2021-04-10 13:58 | Report Abuse

Normally it takes 2 months from end of Qtr to prepare & release the Qtr report. I believe the recent Qtr 2 report ended 31/12/2020 was released in late Feb 2021?

Posted by Sinoboy > 2021-04-10 16:54 | Report Abuse

Many companies release unaudited quarterly results within 1 month...

Posted by simon2020 > 2021-04-10 17:16 | Report Abuse

If not mistaken Qtr. 2 ended 31/12/20 report was announced on 24/2/21 so Qtr. 3 ended 31/3/22 report should be out by 24/5/21.

I think related parties or proxies are accumulating more shares from open market on behalf of Tsvt or BJCorp so as not to worsen the current public spread of 13% before any announcement?

Posted by Sinoboy > 2021-04-10 23:06 | Report Abuse

The price is definitely suppressed, since it's supposedly a cash cow hmmm...

Posted by Sinoboy > 2021-04-11 17:27 | Report Abuse

See how tomorrow, may purchase more of this cash cow :))

Posted by adamsmith > 2021-04-11 22:47 | Report Abuse

vt sell 500k shares, so he can buy another 5m shares this few days at a cheaper price

Posted by Supertip > 2021-04-11 22:57 | Report Abuse

All bull... Try get out

Posted by simon2020 > 2021-04-11 23:36 | Report Abuse

Actually, out of the remaining 13% freefloating shares in the market, Sompo still holds 0.8%. If they sell again grab as many as you can before VT related parties/associates gets hold of them.

Posted by Sinoboy > 2021-04-12 09:15 | Report Abuse

0.40 now. Seems attractive to go in...

Posted by Sinoboy > 2021-04-12 09:21 | Report Abuse

Bought 0.395 but still dropping :((

Posted by dompeilee > 2021-04-12 09:27 | Report Abuse

Those who chase louuu cheeen share...now 'sei forrr' lorr....lol

Posted by dompeilee > 2021-04-12 09:30 | Report Abuse

5 BILLION tickets available to DUMP 2 you... =)

Posted by simon2020 > 2021-04-12 09:36 | Report Abuse

How to sell 5 billion tickets if BJCorp already holds 87% or 4.35 billion? Don't let your ticket go cheap as many are waiting to buy from you including VT associates before any announcement?
Actually, out of the remaining 13% freefloating shares in the market, Sompo still holds 0.8%. If they sell again grab as many as you can before VT related parties/associates gets hold of them.

Posted by kahhoeng > 2021-04-12 09:37 | Report Abuse

if it's Sompo selling, do you genuinely think VT won't have a clue? If he's interested, he would have bought them the moment Sompo is selling.

Posted by simon2020 > 2021-04-12 09:43 | Report Abuse

Remember the loss leader concept? Get your associates like Sompo to sell some so can buy more from open market. VT can't buy openly least he will worsen the 13% freefloat some more like last time?

Posted by simon2020 > 2021-04-12 09:54 | Report Abuse

Actually buying the balance of 0.8% direct from Sompo is still insufficient for VT to privatize as only 87 + 0.8 = 87.8%? as VT needs 99% to privatize/delist. Since the other associate Penta has sold all their shares including the 3% held in proxy under PCM Industrial LP so no more unlimited seller?

Posted by kahhoeng > 2021-04-12 10:01 | Report Abuse

unfortunately, based on Penta's deal, there's a high possibility that VT won't or can't afford to privatize BJLand, cause the deal only offer to buy a portion of Penta's BJLand holding. Though, I am not in his position, it's hard to judge.

Posted by Bettyem > 2021-04-12 10:14 | Report Abuse

Bjland在雪兰莪拥有871英亩的工业用地。它是在2016年以每平方尺RM4.085的价格收购的，那么到2021年，现在每平方尺RM28的土地价值是多少？
https://propsquare.my/2016/09/24/berjayaland-buys-871-acres-freehold-land-in-ulu-selangor-for-rm155mil/

Posted by kahhoeng > 2021-04-12 10:30 | Report Abuse

I too believe BLand is highly undervalued, but if VT is not sharing, what good there is for us the minorities... Guess the low valuation is a self-inflicted shit, with the only exception that minorities got hit harder.

Posted by simon2020 > 2021-04-12 10:42 | Report Abuse

I agree all this low valuation for BJGroup is self inflicted. However if the heirs can change his mindset there still room for redemption? Let see how Jalil & the new management team carry out the corporate exercise?

Posted by Sinoboy > 2021-04-12 12:00 | Report Abuse

Just hold and wait...

Posted by roundcateye > 2021-04-12 16:21 | Report Abuse

BJCorp still hold on strongly.

Posted by simon2020 > 2021-04-12 16:34 | Report Abuse

More buyers compared to sellers, buy on weakness now.
I think BJCorp is supported at current levels since VT has spent lots of money pushing up the price. Don't think they will let it go to waste just because of short sellers who want it down? Let's wait for Jalil's Strategic Plan & see how he will monetize BJLand's land & assets?

Posted by Sansing > 2021-04-12 17:28 | Report Abuse

Jalil is just puppet of VT loh!

Posted by kelvin17 > 2021-04-12 18:42 | Report Abuse

why would VT wanted to push up the price of BJ corp and BJland ?? If he wanted to collect more dont need to push up so much right .

Posted by infoshare > 2021-04-12 19:17 | Report Abuse

https://www.youtube.com/watch?v=Y2l-SOLP3Kg

Posted by shortinvestor77 > 2021-04-12 20:54 | Report Abuse

Sell and run. If back to square one, then wait at original low price.