Posted by awesome20 > 2021-06-15 20:24 | Report Abuse

tomorrow coming

Posted by bulldog > 2021-06-15 20:25 | Report Abuse

Something brewing in this company

Huat chaiii

Posted by bulldog > 2021-06-15 20:26 | Report Abuse

Thanks py1818

Huat chaiii

Posted by bulldog > 2021-06-15 20:26 | Report Abuse

No concrete news is a good news

Huat chaiii

Posted by shortinvestor77 > 2021-06-15 20:26 | Report Abuse

Tomorrow down kawkaw. Poor Chai.

Posted by bulldog > 2021-06-15 20:27 | Report Abuse

People will selling if the concrete news reveal by the management

Huat chaiii

Posted by bulldog > 2021-06-15 20:30 | Report Abuse

Let the market determine the price

Huat chaiii

Posted by shortinvestor77 > 2021-06-15 20:33 | Report Abuse

Let the down market determine its value. Poor Chai.

Posted by Investor48 > 2021-06-15 20:44 | Report Abuse

Still can down ar..
Good news..
Sapu not enough..

Hehe...

Posted by sailang_now > 2021-06-15 21:16 | Report Abuse

py1818 Tks for your daily bulletin & confirmation on possible trend reversal.

py1818 *
@sailang_now
@earlyretirement
@Investor123456
BjLand
Highest price 0.52
Major Resistant 0.33
Major Resistant 0.31
Price 0.30
Support 0.29
Support 0.28
Support 0.26
Major support 0.25
Support 0.24
Support 0.22
Support 0.20

Verdict - Downtrend is about to be reversed provided price is able to stay above major resistant 0.31 and 0.33.

Posted by shortinvestor77 > 2021-06-15 22:04 | Report Abuse

Down trending...

Posted by skynet2000 > 2021-06-15 22:10 | Report Abuse

From Q&A,


Jalil reckoned there were buyers on group subsidiaries, means it could be bj land.

However, Jalil opine the price offered was not to group favour, should be higher.



Still in negotiation process.
The deal will not affect the listing status.

No privatization in progress too.
Which means, bj land must found major buyer to take-over those shares to meet public spread.

The biggest challenge is on the selling price.

Posted by sailang_now > 2021-06-15 22:11 | Report Abuse

*BJCORP at 33.5sen*

- Bjcorp just announced its detailed restructuring plan, with key headlines figures such as RM2b divestment within 2 years, RM5b divestment within 5 years, paring 50% of borrowings/debts within 3 years.

- Operationally, Bjcorp has more than 20 types of businesses brands including lottery (Bjtoto), hotels & malls( Four seasons, ritz carlton, Berjaya time square, >10 berjaya brand hotels in Malaysia & overseas), brokerages & insurance(Interpac securities, Saigon bank, Berjaya Sompo), retail & food(Cosway, 7-eleven, starbucks, jollibean, kripy kreme), property development(Bjland), telco (redtone, u-mobile) and education (Berjaya college).

- The operations is too diversified and messy before this as it is not easy to manage such many subsidiaries. This have caused Bjcorp to trade at steep discount of its book value and been generating losses.

- Nevertheless, with Jalil coming into the board, we can see that Bjcorp’s plan is to streamline the whole business model to be more organised and unlock plenty of value within its assets. With the planned divestment of non-core assets by selling off unprofitable businesses, this can clean up the balance sheet and there are good potential to turnaround the business.

- Financially, Berjaya Corp currently has about RM1.2b cash and RM5b debt. Divestment of RM2b assets within 2 years (+40sen/share) and RM5b within 5 years(RM1/share) will largely strengthen the cash position and paring down debts. If everything is in line with the restructuring plan, Bjcorp potentially turn into net cash company within few years after clearing all loss-making operations.

- With the restructuring plan ongoing and Bjcorp turn into profit, this will also unlock the value of other core business which was previously discounted. There are plenty of value in the group’s subsidiaries; such as U-mobile(talks of going IPO), Bjtoto(defensive and churning good profit), 7-eleven, landbanks in Bjland (worth more than RM5-6b estimated) and many others which are yet to be factored in.

- To give a sense, Bjcorp now trading at only about 0.3x book value(a 70% discount to true value). If we strip out Bjcorp’s stake in Bjland and Bjtoto, its only 0.2x book value (a 80% discount). The conglomerate’s NTA is at RM1.18(excluding accretion from unlocking various busineses’ value), while current share price only 33sen. This means that there is a potential >400% share price upside if everything goes well for them.

- From TA perspective, Bjcorp attempts to rally from recent selldown(with low volume). It breakout and stay above near-term resistance of 32.5sen which is deemed healthy. Subsequent resistances are at 38.5sen and 46.5sen respectively.

Disclaimer: This is not a Buy/Sell call or any recommendations, just personal analysis. Do trade at your own risk.

Posted by shortinvestor77 > 2021-06-15 22:16 | Report Abuse

Wait for another 3 to 5 years.

Posted by shortinvestor77 > 2021-06-15 22:20 | Report Abuse

VT already Huat now. https://www.klsescreener.com/v2/announcements/view/3376687

Posted by williamtkb > 2021-06-15 22:47 | Report Abuse

So many talks and plan... Can limit up or not?

Posted by sailang_now > 2021-06-15 22:50 | Report Abuse

Currently all Berjaya companies has a cross holding ownership structure which needs to be addressed & unwound to attract more institutional holders from current 6%. So expect more trimming of non direct interest shares sales from various VT companies from time to time. As long as the direct interest controlling shares are not sold & tightly held by major shareholders & market can absorb the excess shares there shouldn't be major issues unlike the current sell down of Serba Dinamik.

Excerpt of Transformation Plan by Jalil.
Compliance and Governance - addressing the cross-holding ownership structure (current trimming of non direct interest through sale of shares by various non core business VT companies)

Posted by stockraider > 2021-06-16 00:18 | Report Abuse

Great Just buy loh...!

Posted by sailang_now > Jun 15, 2021 11:23 PM | Report Abuse

If too high level somebody has just simplified the impact of Jalil's Transformation Plan for benefit of everyone...

*BJCORP at 33.5sen*

- Bjcorp just announced its detailed restructuring plan, with key headlines figures such as RM2b divestment within 2 years, RM5b divestment within 5 years, paring 50% of borrowings/debts within 3 years.

- Operationally, Bjcorp has more than 20 types of businesses brands including lottery (Bjtoto), hotels & malls( Four seasons, ritz carlton, Berjaya time square, >10 berjaya brand hotels in Malaysia & overseas), brokerages & insurance(Interpac securities, Saigon bank, Berjaya Sompo), retail & food(Cosway, 7-eleven, starbucks, jollibean, kripy kreme), property development(Bjland), telco (redtone, u-mobile) and education (Berjaya college).

- The operations is too diversified and messy before this as it is not easy to manage such many subsidiaries. This have caused Bjcorp to trade at steep discount of its book value and been generating losses.

- Nevertheless, with Jalil coming into the board, we can see that Bjcorp’s plan is to streamline the whole business model to be more organised and unlock plenty of value within its assets. With the planned divestment of non-core assets by selling off unprofitable businesses, this can clean up the balance sheet and there are good potential to turnaround the business.

- Financially, Berjaya Corp currently has about RM1.2b cash and RM5b debt. Divestment of RM2b assets within 2 years (+40sen/share) and RM5b within 5 years(RM1/share) will largely strengthen the cash position and paring down debts. If everything is in line with the restructuring plan, Bjcorp potentially turn into net cash company within few years after clearing all loss-making operations.

- With the restructuring plan ongoing and Bjcorp turn into profit, this will also unlock the value of other core business which was previously discounted. There are plenty of value in the group’s subsidiaries; such as U-mobile(talks of going IPO), Bjtoto(defensive and churning good profit), 7-eleven, landbanks in Bjland (worth more than RM5-6b estimated) and many others which are yet to be factored in.

- To give a sense, Bjcorp now trading at only about 0.3x book value(a 70% discount to true value). If we strip out Bjcorp’s stake in Bjland and Bjtoto, its only 0.2x book value (a 80% discount). The conglomerate’s NTA is at RM1.18(excluding accretion from unlocking various busineses’ value), while current share price only 33sen. This means that there is a potential >400% share price upside if everything goes well for them.

- From TA perspective, Bjcorp attempts to rally from recent selldown(with low volume). It breakout and stay above near-term resistance of 32.5sen which is deemed healthy. Subsequent resistances are at 38.5sen and 46.5sen respectively.

Disclaimer: This is not a Buy/Sell call or any recommendations, just personal analysis. Do trade at your own risk.

Posted by bulldog > 2021-06-16 00:47 | Report Abuse

Cabin crew
Please prepare for take off

Huat chaiii

Posted by bulldog > 2021-06-16 09:01 | Report Abuse

V1

Huat chaiii

Posted by Anaconder > 2021-06-16 09:02 | Report Abuse

Lai Leow , Hoot lah !

Posted by shortinvestor77 > 2021-06-16 09:04 | Report Abuse

Prepare for hard landing. Plane may crash.

Posted by shortinvestor77 > 2021-06-16 09:04 | Report Abuse

Poor Chai.

Posted by Rockers > 2021-06-16 09:06 | Report Abuse

VT take over coming

Posted by shortinvestor77 > 2021-06-16 09:07 | Report Abuse

No privatization.

Posted by shortinvestor77 > 2021-06-16 09:07 | Report Abuse

Wait for 3 to 5 years. Be patient.

Posted by Rockers > 2021-06-16 09:09 | Report Abuse

VT cannot wait anymore.

Posted by shortinvestor77 > 2021-06-16 09:13 | Report Abuse

VT already Huat now. https://www.klsescreener.com/v2/announcements/view/3376687

Posted by shortinvestor77 > 2021-06-16 09:14 | Report Abuse

Keep disposing make him huat.

Posted by bulldog > 2021-06-16 09:26 | Report Abuse

Flushing the weak holder

Huat chaiii

Posted by shortinvestor77 > 2021-06-16 09:40 | Report Abuse

Trapping ikan bilis.

Poor Chai.

Posted by kahhoeng > 2021-06-16 10:09 | Report Abuse

not really lah, experts trying to gauge the impact of CEO's plan, and it's a difficult one given everything is still anything but vague...

Posted by bulldog > 2021-06-16 10:23 | Report Abuse

Bulldog take another position at 28

Huat chaiii

Posted by shortinvestor77 > 2021-06-16 10:31 | Report Abuse

Non-family members CEO will not last. Not performing.

Poor Chai.

Posted by simon2020 > 2021-06-16 10:35 | Report Abuse

You can find more clarity on CEO's transformation plan here from theedgemarket report especially the new BCorp Organization chart. I think they still have to take full control of BJLand through some form of merger & acquisition to put effect to Jalil's operational plan which will be clearer once details comes in July. Also pls take note Bursa exemption for BLand shareholders liquidity float expires in September & that Tsvt acquired another 40.5 million direct shares in BJLand recently.

https://www.theedgemarkets.com/article/bcorp-unveils-threeyear-strategic-plan-streamline-business-unlock-value

Posted by shortinvestor77 > 2021-06-16 11:07 | Report Abuse

No privatisation. https://www.chinapress.com.my/?p=2552234

Posted by shortinvestor77 > 2021-06-16 11:08 | Report Abuse

且也暂不考虑私有化

Posted by shortinvestor77 > 2021-06-16 11:09 | Report Abuse

Just be patient. Wait for 3 to 5 years lah.

Posted by simon2020 > 2021-06-16 11:25 | Report Abuse

I like both ideas but Tvst being an old Fox will not showhand too early. Privatization is not the only option, It could also be takeover of the remaining 13% BlLand minority shares ala Ancom style in exchange for a mix of cash & shares in BCorp?

kahhoeng distributing all toto shares to bland shareholders as special dividend and bcorp inject other gambling business not owned by toto into toto in exchange for shares? that should be good.

kahhoeng not really lah, experts trying to gauge the impact of CEO's plan, and it's a difficult one given everything is still anything but vague... I would have expect Jalil to announce at least one concrete deal, like privatizing BLand with its listing status be transferred to a REIT comprising of BCorp buildings, malls, office buildings, etc. or sell to UMobile for backdoor listing...

Posted by Angelababi > 2021-06-16 11:27 | Report Abuse

thank you hollyshit....!!!! pui...

Posted by williamtkb > 2021-06-16 11:33 | Report Abuse

Okay... No one buying. I queue 275 to support him now... Hahaha

Posted by wantanmi > 2021-06-16 11:38 | Report Abuse

Yup! I am not greedy but worth parking some funds here :)

Posted by stockraider > 2021-06-16 11:43 |

Post removed.Why?

Posted by shortinvestor77 > 2021-06-16 11:50 | Report Abuse

Don't be too clever lah. With Berjaya Group continue to bleed blood every quarter, it needs to sell/dispose assets for survival mah.

Posted by bulldog > 2021-06-16 11:50 | Report Abuse

Tske another position at 27.5

Huat chaiii

Posted by stockraider > 2021-06-16 11:56 | Report Abuse

Read this TA report carefully mah!

Jalil coming into the board, we can see that Bjcorp’s plan is to streamline the whole business model to be more organised and unlock plenty of value within its assets. With the planned divestment of non-core assets by selling off unprofitable businesses, this can clean up the balance sheet and there are good potential to turnaround the business.

Berjaya Corp currently has about RM1.2b cash and RM5b debt. Divestment of RM2b assets within 2 years (+40sen/share) and RM5b within 5 years(RM1/share) will largely strengthen the cash position and paring down debts. If everything is in line with the restructuring plan, Bjcorp potentially turn into net cash company within few years after clearing all loss-making operations.

the restructuring plan ongoing and Bjcorp turn into profit, this will also unlock the value of other core business which was previously discounted. There are plenty of value in the group’s subsidiaries; such as U-mobile(talks of going IPO), Bjtoto(defensive and churning good profit), 7-eleven, landbanks in Bjland (worth more than RM5-6b estimated) and many others which are yet to be factored in.

Bjcorp now trading at only about 0.3x book value(a 70% discount to true value). If we strip out Bjcorp’s stake in Bjland and Bjtoto, its only 0.2x book value (a 80% discount). The conglomerate’s NTA is at RM1.18(excluding accretion from unlocking various busineses’ value), while current share price only 33sen. This means that there is a potential >400% share price upside if everything goes well for them.


Posted by sailang_now > Jun 15, 2021 11:23 PM | Report Abuse

If too high level somebody has just simplified the impact of Jalil's Transformation Plan for benefit of everyone...

*BJCORP at 33.5sen*

- Bjcorp just announced its detailed restructuring plan, with key headlines figures such as RM2b divestment within 2 years, RM5b divestment within 5 years, paring 50% of borrowings/debts within 3 years.

- Operationally, Bjcorp has more than 20 types of businesses brands including lottery (Bjtoto), hotels & malls( Four seasons, ritz carlton, Berjaya time square, >10 berjaya brand hotels in Malaysia & overseas), brokerages & insurance(Interpac securities, Saigon bank, Berjaya Sompo), retail & food(Cosway, 7-eleven, starbucks, jollibean, kripy kreme), property development(Bjland), telco (redtone, u-mobile) and education (Berjaya college).

- The operations is too diversified and messy before this as it is not easy to manage such many subsidiaries. This have caused Bjcorp to trade at steep discount of its book value and been generating losses.

- Nevertheless, with Jalil coming into the board, we can see that Bjcorp’s plan is to streamline the whole business model to be more organised and unlock plenty of value within its assets. With the planned divestment of non-core assets by selling off unprofitable businesses, this can clean up the balance sheet and there are good potential to turnaround the business.

- Financially, Berjaya Corp currently has about RM1.2b cash and RM5b debt. Divestment of RM2b assets within 2 years (+40sen/share) and RM5b within 5 years(RM1/share) will largely strengthen the cash position and paring down debts. If everything is in line with the restructuring plan, Bjcorp potentially turn into net cash company within few years after clearing all loss-making operations.

- With the restructuring plan ongoing and Bjcorp turn into profit, this will also unlock the value of other core business which was previously discounted. There are plenty of value in the group’s subsidiaries; such as U-mobile(talks of going IPO), Bjtoto(defensive and churning good profit), 7-eleven, landbanks in Bjland (worth more than RM5-6b estimated) and many others which are yet to be factored in.

- To give a sense, Bjcorp now trading at only about 0.3x book value(a 70% discount to true value). If we strip out Bjcorp’s stake in Bjland and Bjtoto, its only 0.2x book value (a 80% discount). The conglomerate’s NTA is at RM1.18(excluding accretion from unlocking various busineses’ value), while current share price only 33sen. This means that there is a potential >400% share price upside if everything goes well for them.

- From TA perspective, Bjcorp attempts to rally from recent selldown(with low volume). It breakout and stay above near-term resistance of 32.5sen which is deemed healthy. Subsequent resistances are at 38.5sen and 46.5sen respectively.

Disclaimer: This is not a Buy/Sell call or any recommendations, just personal analysis. Do trade at your own risk.

Posted by stockraider > 2021-06-16 11:56 | Report Abuse

Lu tau boh ?

Bjcorp now trading at only about 0.3x book value(a 70% discount to true value). If we strip out Bjcorp’s stake in Bjland and Bjtoto, its only 0.2x book value (a 80% discount). The conglomerate’s NTA is at RM1.18(excluding accretion from unlocking various busineses’ value), while current share price only 33sen. This means that there is a potential >400% share price upside if everything goes well for them.

Posted by stockraider > 2021-06-16 12:00 |

Post removed.Why?

Posted by shortinvestor77 > 2021-06-16 12:00 | Report Abuse

Yalah, StuckReader can start accumulate till RM 1.18.

Posted by shortinvestor77 > 2021-06-16 12:02 | Report Abuse

I sangat sangat tahu. You tak tau shj.