Posted by joetay10 > 2018-12-20 17:42 | Report Abuse

whats bjl's landbank like and is it net cash????

Posted by kahhoeng > Dec 20, 2018 05:38 PM | Report Abuse

bjcorp owns approximately 72% of bjland. To privatize BJLand, BJCorp needs to acquire approximately 1.4 billion shares. A per share offer of 0.60, 0.80 and 1.00 respectively, BJCorp will need to spend 840 million, 1.12 billion, and 1.4 billion respectively. It would be a stretch to BJCorp balance sheet if it were to acquire 7-11 as well.

Posted by ivan9511 > 2018-12-20 18:29 | Report Abuse

not much share oustide,
Vt is control very good at Bjland
only small holder here
not like bjc,bjc got too many uncle aunty

Bjland only cold wind , easy to get it .
If I am the Boss , I will move all the cash golden , diamond , value assets into Bjland
later use startegy to make Bjland as my own pocket money ,I am not sharing Bjland to other
I will still let Bjc list becuase need to cover my cash rich and back act

Bjland now all people is eye on , see who is the last one take this billions money back to home
boss win or small shareholders
who can get the money from bjland ??

Posted by BillyK > 2018-12-20 18:31 | Report Abuse

nobody will tell you if there is a serious intention to privatise
just to fool retailers to push up the price

Posted by Sebastian Sted Power > 2018-12-20 18:40 | Report Abuse

Relax.. You should ask what other 'potential' counter you can buy at 20cents?

Posted by kahhoeng > 2018-12-20 19:03 | Report Abuse

joetay10, land is not considered a liquid asset. BJToto has approximately 700 million net debt. Taking this debt out of BJLand balance sheet, BJLand still has approximately 1.8 billion net debt. This yet to include the proceeds from disposals of (1) Kyoto Four Season (2) Vietnam property projects and the court ruling on (1) Jeju Property project (2) Sungai Besi land swap and (3) China property project...

Posted by kahhoeng > 2018-12-20 19:46 | Report Abuse

Kyoto Four Season is a 50% BJLand 50% BJCorp joint-venture

Posted by stahl2017 > 2018-12-20 19:59 | Report Abuse

Nothing fancy in latest QR.

Future Prospects
The Directors expect the number forecast operation ("NFO") business to be satisfactory and that it will
continue to maintain its market share for the remaining quarters of the financial year ending 30 April
2019. The performance of both hotels and resorts and property development business segments
are expected to remain satisfactory.
The Group also expects to record a significant gain upon the successful disposal of the Proposed
BVIUT Disposal and Proposed Vietnam Subsidiary Disposal as disclosed in Note B7(f).

Posted by Ziko Ro > 2018-12-20 22:11 | Report Abuse

QR ok, price also 21 sen !!

Posted by freetospeak > 2018-12-21 07:44 | Report Abuse

Dun dream of bjland will be privatised 1st...as there is no urgency to delist bjland...the plan to sell kyoto is to privatise 711 becoz vt need money n the royals wanna liquidate their position...bjland will come later n later the merrier...

Posted by freetospeak > 2018-12-21 07:46 | Report Abuse

When the price of bjland fall to 15 sen then vt will privatise at 30 to 40 sen...

Posted by gangnam > 2018-12-21 08:25 | Report Abuse

Lol... morning guys don't work 2 hard 4 de Boss :)

Posted by Richard Lee > 2018-12-21 08:28 | Report Abuse

there are many people just blow water and "gek poh". Critised and hammer day and night. In fact they didn't own any shares also. Just too free nothing better to do.

Posted by signalmw > 2018-12-21 08:34 | Report Abuse

n9 divi8dend

Posted by freetospeak > 2018-12-21 08:36 | Report Abuse

there is no bargain power for bland holder..if vt privatise is unsuccessful... from which the excercise might increase vt direct n indirect shareholding to below 90%..not enuff to forceful takeover..but further worsen the liquidity issue..the share will go into suspension of trading...under this scenario ..i bet most of the minority including the foreiner will throw the towel in...so no hope of high offer for bjland...u go n think...your only faith is VT is a good man n will offer high price...

Posted by gangnam > 2018-12-21 08:57 | Report Abuse

Lol...what is good for Uncle Tan is also good for BJCorp shareholders as BJcorp owns 80% of BJLand... anyway Bursa has accepted BJland's 19.76% in announcement dated 20/12 as meeting public spread requirements for public listing in Bursa..

Posted by cpo_king > 2018-12-21 09:28 | Report Abuse

All wayang kulit Show.... Soon will hit 18 cents on next week.

Posted by freetospeak > 2018-12-21 11:06 | Report Abuse

the share price speaks for itself...very soon will fall bak to 20 sen n below...lol

Posted by freetospeak > 2018-12-21 11:07 | Report Abuse

if the deal is so good...now already fly to moon...

Posted by freetospeak > 2018-12-21 11:09 | Report Abuse

ppl always dun wan to listen to other possible scenario...always think inside the box...

Posted by gangnam > 2018-12-21 11:19 | Report Abuse

Lol...time is the essence for Uncle Tan...since Bursa has approved BJLand's public listing with 19.76% public spread..there is need to privatise BJland quicky w the money from Kyoto sales before the compensation/sales from Korea, Vietnam, China, Selangor Govt. coming anytime..any fall back is time to accumulate at cheaper price..7-11 can still wait as the stakes are much higher with BJLand..why share with royalty?

Posted by kahhoeng > 2018-12-21 15:01 | Report Abuse

VT and his family shout "wolves coming" too many times already, 人格破产? Minority shareholders like us are just 殃及池鱼, sigh!

Posted by starfish88 > 2018-12-21 15:49 | Report Abuse

drop back again..

Posted by 5354_ > 2018-12-22 04:14 | Report Abuse

Who short BJ Land to 20.5 sen? VT+FF own 93%?

Posted by williamyong8822 > Dec 20, 2018 03:20 PM | Report Abuse
VT will offer a reasonable offer price for the privitisation to get the approval of the foreign institutional investors which hold around 13 % of BJLAND shares.

Posted by newbie5354_ > 2018-12-22 04:18 | Report Abuse

williamyong8822 balance 7% own by who? If VT offer 25 sen to privatise who can complain?

Posted by gangnam > 2018-12-22 09:31 | Report Abuse

Lol... corrections BJCorp owns 80% of BJLand not Uncle Tan but is controlling shareholder with 49% of BJCorp, BoD only a rubber stamp so what is good for him is good for other BJCorp shareholders including minority that's why the recent buyback..so just follow closely behind..

Posted by shortinvestor77 > 2018-12-22 11:01 | Report Abuse

https://www.thestar.com.my/business/business-news/2018/12/22/unravelling-vincent-tans-business-empire/

Posted by Victor Yong > 2018-12-22 14:07 | Report Abuse

if u add up all quarters since ipo, masih rugi kan? :)


Financial Year: 30-Apr-2019
20-Dec-2018 31-Oct-2018 1,508,694 76,443 39,980 -1,774 2.65% -0.04% -0.04 0.00 0.8200 -110.70% 98.22%
25-Sep-2018 31-Jul-2018 1,621,738 121,661 71,991 16,581 4.44% 0.41% 0.33 0.00 0.8100 117.99% 43.81%
Financial Year: 30-Apr-2018
27-Jun-2018 30-Apr-2018 1,585,027 -19,394 -76,486 -92,148 -4.83% -2.15% -1.85 0.00 0.8600 -925.69% -204.04%
22-Mar-2018 31-Jan-2018 1,564,428 86,841 35,830 -8,984 2.29% -0.21% -0.18 0.00 0.8600 91.01% -126.60%
20-Dec-2017 31-Oct-2017 1,613,915 -95,906 -134,418 -99,923 -8.33% -2.28% -2.00 0.00 0.8800 -966.63% -155.37%
25-Sep-2017 31-Jul-2017 1,601,905 99,571 51,448 11,530 3.21% 0.26% 0.23 0.00 0.9000 -86.98% 142.33%
Financial Year: 30-Apr-2017
23-Jun-2017 30-Apr-2017 1,676,859 111,121 72,201 88,573 4.31% 1.97% 1.78 0.00 0.9000 162.26% 119.31%
22-Mar-2017 31-Jan-2017 1,532,883 90,752 45,706 33,773 2.98% 0.67% 0.68 0.00 1.0100 -81.29% 260.69%
20-Dec-2016 31-Oct-2016 1,618,403 298,358 270,844 180,472 16.74% 3.62% 3.62 0.00 1.0000 762.55% -13.36%
22-Sep-2016 31-Jul-2016 1,551,936 53,877 5,391 -27,239 0.35% -0.58% -0.55 0.00 0.9500 94.06% -374.81%
Financial Year: 30-Apr-2016
27-Jun-2016 30-Apr-2016 1,703,928 -434,467 -492,045 -458,582 -28.88% -9.67% -9.19 0.00 0.9500 -2,081.96% -9.57%
23-Mar-2016 31-Jan-2016 1,476,395 32,323 8,636 -21,017 0.58% -0.40% -0.42 0.00 1.0600 -110.09% 21.10%
21-Dec-2015 31-Oct-2015 1,608,605 310,088 250,177 208,299 15.55% 3.83% 4.17 0.00 1.0900 2,001.48% 2,221.66%
21-Sep-2015 31-Jul-2015 1,499,132 102,121 58,811 9,912 3.92% 0.20% 0.20 0.00 1.0000 102.37% -73.68%
Financial Year: 30-Apr-2015
26-Jun-2015 30-Apr-2015 1,621,501 -321,915 -369,106 -418,517 -22.76% -8.47% -8.39 0.00 0.9900 -1,471.25% -7,307.11%
24-Mar-2015 31-Jan-2015 1,471,470 81,347 36,136 -26,636 2.46% -0.49% -0.53 0.00 1.0800 -396.88% -35.07%
22-Dec-2014 31-Oct-2014 1,408,904 122,419 68,152 8,972 4.84% 0.17% 0.18 0.00 1.0700 -76.18% -29.00%
22-Sep-2014 31-Jul-2014 1,410,826 132,376 86,352 37,663 6.12% 0.70% 0.76 0.00 1.0800 548.58% -63.26%
Financial Year: 30-Apr-2014
25-Jun-2014 30-Apr-2014 1,557,172 109,463 49,047 5,807 3.15% 0.11% 0.12 1.00 1.0700 129.45% -64.57%
25-Mar-2014 31-Jan-2014 1,387,271 75,434 19,143 -19,720 1.38% -0.37% -0.40 0.00 1.0700 -256.05% -14.04%
19-Dec-2013 31-Oct-2013 1,039,864 117,270 66,968 12,637 6.44% 0.24% 0.25 0.00 1.0600 -87.67% -52.84%
24-Sep-2013 31-Jul-2013 1,027,786 215,853 162,751 102,519 15.84% 1.91% 2.06 0.00 1.0800 525.42% 1,383.63%
Financial Year: 30-Apr-2013
25-Jun-2013 30-Apr-2013 1,142,992 119,808 62,123 16,392 5.44% 0.32% 0.33 0.75 1.0400 194.80% -72.05%
26-Mar-2013 31-Jan-2013 1,032,194 82,810 29,797 -17,292 2.89% -0.34% -0.35 0.00 1.0300 -164.53% -785.65%
20-Dec-2012 31-Oct-2012 1,053,442 141,824 98,273 26,798 9.33% 0.52% 0.54 0.00 1.0300 287.81% 1,908.23%
20-Sep-2012 31-Jul-2012 1,027,191 123,605 73,514 6,910 7.16% 0.13% 0.14 0.00 1.0400 -88.22% 266.97%
Financial Year: 30-Apr-2012
25-Jun-2012 30-Apr-2012 1,088,572 177,915 117,333 58,639 10.78% 1.16% 1.18 0.75 1.0200 2,225.10% 1,351.63%
26-Mar-2012 31-Jan-2012 1,121,431 114,657 66,274 2,522 5.91% 0.05% 0.05 0.00 1.0200 270.18% -92.78%
21-Dec-2011 31-Oct-2011 988,569 102,469 55,851 -1,482 5.65% -0.03% -0.03 0.00 1.0200 -178.70% -125.96%
22-Sep-2011 31-Jul-2011 1,001,025 94,760 56,082 1,883 5.60% 0.04% 0.04 0.00 1.0300 140.19% -95.77%
Financial Year: 30-Apr-2011
27-Jun-2011 30-Apr-2011 1,062,828 105,142 53,777 -4,685 5.06% -0.09% -0.09 0.75 1.0300 -113.42% -106.50%
22-Mar-2011 31-Jan-2011 990,595 153,130 101,763 34,910 10.27% 0.67% 0.70 0.00 1.0400 511.60% 507.45%
20-Dec-2010 31-Oct-2010 1,022,673 87,928 43,687 5,708 4.27% 0.11% 0.11 0.00 1.0300 -87.18% -62.34%
21-Sep-2010 31-Jul-2010 978,941 112,369 77,896 44,512 7.96% 0.86% 3.58 0.00 4.1600 -38.24% 54.40%
Financial Year: 30-Apr-2010
23-Jun-2010 30-Apr-2010 1,128,632 161,242 114,052 72,074 10.11% 1.40% 5.79 6.00 4.1300 941.20% 245.50%
22-Mar-2010 31-Jan-2010 993,959 79,654 43,422 -8,568 4.37% -0.17% -0.69 0.00 4.1200 -156.54% -2,306.74%
15-Dec-2009 31-Oct-2009 983,068 112,887 65,729 15,155 6.69% 0.28% 1.22 0.00 4.3600 -47.43% 131.25%
28-Sep-2009 31-Jul-2009 952,632 119,902 78,110 28,829 8.20% 0.53% 2.34 0.00 4.4100 158.20% 4,120.94%
Financial Year: 30-Apr-2009
22-Jun-2009 30-Apr-2009 971,678 14,275 5,120 -49,536 0.53% -0.90% -3.97 4.50 4.4100 -13,814.61% -107.84%
20-Mar-2009 31-Jan-2009 1,158,486 78,898 40,616 -356 3.51% -0.01% -0.03 0.00 4.5600 99.27%

Posted by kahhoeng > 2018-12-22 16:30 | Report Abuse

You guys have been wrong about how much BJCorp owning BJLand...

BJCorp owns approximately 73% of BJLand. The rest, approximately 8%, is owned through VT's personal capacity or other listed companies. Its so complex that I didn't even try to dig. Though, its fair to say its VT buying through Berjaya Retail of sometimes last year, that causes VT's total ownership in BJLand to cross 80%.

BJLand's businesses are less complex than BJCorp's, primarily into gaming business and car dealership through BJToto, property development and hotel businesses. During its high, BJLand invested heavily into Japan, South Korea, China, and Vietnam. Unfortunately, Its venture into South Korea and China are not doing well while its Vietnam venture doesn't seem to be on good position too. Japan's Kyoto Four Season is a success only after BJCorp buying over 50% to complete to project. My guess, the money stuck in China and South Korea is killing BJLand's cash flow, forcing BJCorp to assist BJLand as a last resort (who knows, there could be more, given VT is famous).

Lately, BJLand has been slowly sorting out its messes. It has successfully completed Kyoto Four Season. Meanwhile, it has been able to unload China project even though it has not been able to collect the rest of the payment, approximately 560 million. On top of that, BJLand has tried to sell some of his Vietnam venture. Well, it was said the deal will be completed during the Q4 this year with significant gain. Unfortunately, we have yet to see it materialized. Finally, South Korea's Jeju project is currently in court case after failing to getting it fixed.

Posted by gangnam > 2018-12-22 18:01 | Report Abuse

Lol..sometimes one wonders whose side are u from? Anyway all those things mentioned above has been accounted for as impairment losses in the previous quarters...now that BJLand's previous loses has been wiped clean and the latest quarter has shown significant improvement in profitability...just like a rainbow after the storm...we see gold at the end of this journey...any compensation due from Korea, China, Vietnam & Selangor Govt. is actually a bonus. Finally, as 40% owner of BJSports, BJLand has financially assisted BJCorp through the 4% dividend s received from BJSports instead of the other way round?

https://www.thestar.com.my/business/business-news/2018/12/22/tan-has-penchant-for-getting-the-top-dollar/?fbclid=IwAR1qVhsXpWrYy82co8ZKKoP3niT__RFr_JlS0UTPGEl6idY4g0b5Am0oVmw#3Y3V38wdx0FXwT9M.41

Posted by hellokitty1251 > 2018-12-22 18:39 |

Post removed.Why?

Posted by Victor Yong > 2018-12-22 18:40 | Report Abuse

look at all the garbage stocks from VT e.g. bjassets, bjland, bjcorp, bjmedia, etc all below IPO price after so many years.... invest in other profitable and better stocks

Posted by samyew1234 > 2018-12-22 22:56 | Report Abuse

puki vincent tan, all blow job counters

Posted by hollandking > 2018-12-22 23:01 | Report Abuse

why?

Posted by kahhoeng > 2018-12-22 23:07 | Report Abuse

Gangnam, I'm merely writing based on what I read from annually and quarterly reports. I am holding BJCorp and BJLand shares, and surely I would like to see their share prices perform. Unfortunately, VT has way too many mismanagement coupling with poor disclosure to the shareholders. I am still holding because I believe I am a long term investor and I'm not interested at posting fake news to entice buyers so I can sell to some others,

Posted by gangnam > 2018-12-23 01:16 | Report Abuse

Lol.. it's good 2 note that u are long term investor...btw care 2 identify the fake news pls? what can be seen atm is that some syndicate are trying doubly hard 2 make people sell cheap by talking bad about the boss/share concerned..noticed this phenomenon with PriceWorth beginning of the year just before the share price tripled when they brought in a Rashid Hussain as a new substantial shareholder..

Posted by LouiseS > 2018-12-23 12:11 | Report Abuse

This counter did not pay dividend in last four years, share price also decreasing from RM1 in 2012 to 20sen now. In 2018 annual repport, the hotel segment overall occupancy rate and revenue increased compared to last year.

Posted by gangnam > 2018-12-23 12:21 | Report Abuse

Lol.. Quote "Case in point is Berjaya Land Bhd
(BLand). The hotel businesses under the group are clear and the market has a valuation for such assets that are uniform throughout the world.

Tan’s plan to float his hotel business on the Singapore Exchange will unlock the value of the properties owned by BLand.

The steady business of the hotel industry makes it an attractive proposition for investors who look at the business more favourably, given the dynamics of the industry."

Read more at https://www.thestar.com.my/business/business-news/2018/12/22/tan-has-penchant-for-getting-the-top-dollar/#uieP3fEZqCDjl56p.99

Posted by ivan9511 > 2018-12-23 14:10 | Report Abuse

bjlant biz is all making money
the problem is the boss not willing to share to us
if he give dividend
bjland same price to bjtoto
or 2 ringgit not 20sen lol

Posted by kahhoeng > 2018-12-23 18:24 | Report Abuse

Gangnam, during the AGM last year, I raised the issue on whether BJLand will be able to collect the rest of payment from China disposal. I was told by VT's son pretty much like no issue getting the rest of the money back. During the AGM this year, I asked about the liquidity in BJLand and the huge premium BJCorp paid to acquire VT's stake, and I was told privatizing BJLand is not on table. Guess what, BJLand not receiving the batch of China disposal and VT's planning on privatizing BJLand now. The Vietnam disposal announcement saying 'significant gain' from disposal to be completed Q4 this year, guess what, nothing is announced. Only the news of disposing Kyoto Four Seasons is floated now.

Fake news is not from you per say, I'm merely pointing towards dishonesty from BJCorp and BJLand's management! You can cry wolves many times, just do not expect people to respond when after tiring of listening to crap.

Posted by kahhoeng > 2018-12-24 09:10 | Report Abuse

ooh, whats more, recent VT's act is like slapping his minority shareholders on his face or his BOD slapping him. Right after VT disclosing his "big plan", the BOD is announcing that they are unaware of the "big plan" except for trying to sell Kyoto Four Seasons...

Posted by bennychen > 2018-12-24 09:36 | Report Abuse

Agree with kahhoeng....What a shame to Misai man VT to talk in public without the support from the BOD. So how do we minority shareholders can trust his words.

Posted by gangnam > 2018-12-24 09:37 | Report Abuse

Lol.. good try at damage control from the family/syndicate...anyway don't try too hard as playing ping pong can be costly if there are too many buyers at current low price..guess Uncle Tan jumped the gun...amitabha buddha...his see fu..must have mellowed him down?

Posted by roundcateye > 2018-12-24 10:49 | Report Abuse

VT called for special press conference when the market is almost closing and only be rebuked the next day by the BOD. Just hope that VT and BOD not to play little tricks to take advantage on minority shareholder. Corporate investors already ran away by miles. VT and BOD should know who's hand has been manipulating BJ stock prices all these years. Please don't blame the market to undervaluing BJ stocks.

Posted by cpo_king > 2018-12-24 11:13 | Report Abuse

Aiya...wanted to make money in his counters???

Come on... Be realistic!

I guarantee be land will be rm0. 18 again and heading to rm0.15 also no further news on corporate restructuring from VT...

Posted by cpo_king > 2018-12-24 11:15 | Report Abuse

Those who chased price up to rm0. 24 must be losing 20% by 26 Dec when T+3 due!

Posted by cpo_king > 2018-12-24 11:17 | Report Abuse

Worse still... If you decided to collect ...on Jan 2019. after the period of window dressing over, bursa will lausai down to 1200 point...

Posted by cpo_king > 2018-12-24 11:19 | Report Abuse

Rm0. 15...sure come.... Losing capital up to 35% after VT announcement

Posted by cpo_king > 2018-12-24 11:19 | Report Abuse

Don't play play with conman

Posted by cpo_king > 2018-12-24 11:25 | Report Abuse

Would any sensible businessman tell you he's going to privatise an under value company shortly ....???

Only the insane would believe!

Posted by cpo_king > 2018-12-24 11:26 | Report Abuse

Only the insane deserve to lose his pants nakedly!