birdparadise Ini stockraider know how to mess up only, what happened to insas that u had promised rm3. Nowonder uncles aunties still looking for u,to throw rotten eggs at u. 21/07/2021 10:35 AM
Should have commented earlier but was caught up with work - my opinion is Jalil should have obtained the Board's approval before he made public announcement on matters as such. It looks very bad that another news came the next day clarifying that the Board has yet to deliberate the plans. I think the message sent by the Board was that "Hey, please clear with us before you tell it to the public like that".
Regardless whether the Board was earlier made aware of it or not, or whether the plans will eventually be deliberated and approved later in the Board Meeting ~ this is what I think :
It's very imprudent of Jalil to have done such a thing especially he's not a newbie CEO. It looks bad on both him and the organisation when the next day's news clarifying that the plans have yet to be deliberated at Board came out. It's also misleading and irresponsible to the public. We don't need a high profile star CEO. Just do your job and do it right. I am in a work position where I know how the Board works so I can tell you it isn't right that things are done this way and I hope this will be the last time he did it.
The whole event since Jalil came on board looks to me more "highlights" than actual work being put in. Yes you may ask me to fly kite but I'm looking for an opportunity to just cash out to recover the principal and leave. I honestly have no high hope in this whole thing unless I see actual action being taken.
Just my humble personal opinion which I believe I'm entitled to here. So don't attack me with foul language here. We are all adults. Learn to agree to disagree.
The key is patience discipline & have a long term investment perspective loh!
Those short termer not fit to be bjc group shareholders mah....we want quality longer term investors that can reap the potential benefit of above rm 5.00 mah!
Jelat is one of those wayang more than action types...if jackal can't sort out his own rubbish bin, what are the chances a cap ayam hireling can do it? Need a jack ma-type or higher capability to kautim, BUT he can't afford 2 pay! lol
Remember this is how u invest in super undervalue bjcorp & bland loh!
Bland & bcorp strategy are so simple loh!
1) If u have bland & bcop stock & fully invested your cash, then hang on loh! 2) If u have cash & not fully invested, then just buy bland or bcorp loh!
Just hold for medium term max of 2 yrs & u will make at least 100% of your capital loh!
If Just hold for longer term say about 5 yeard u will make at least 400% of your capital loh!
The key is patience discipline & have a long term investment perspective loh!
Those short termer do not fit to be in bjc group shareholders mah....we want quality longer term investors that can reap the potential benefit of above rm 5.00 mah!
birdparadise Ini stockraider know how to mess up only, what happened to insas that u had promised rm3. Nowonder uncles aunties still looking for u,to throw rotten eggs at u. 21/07/2021 10:35 AM
Lol...Guess everybody who sold high is waiting for reentry? Guys... just hold tight or top up...maybe Uncle Tan will do charity again with money from sale of BSompo like last time?
Remember this is how u invest in super undervalue bjcorp & bland loh!
Bland & bcorp strategy are so simple loh!
1) If u have bland & bcop stock & fully invested your cash, then hang on loh! 2) If u have cash & not fully invested, then just buy bland or bcorp loh!
Just hold for medium term max of 2 yrs & u will make at least 100% of your capital loh!
If Just hold for longer term say about 5 yeard u will make at least 400% of your capital loh!
The key is patience discipline & have a long term investment perspective loh!
Those short termer do not fit to be in bjc group shareholders mah....we want quality longer term investors that can reap the potential benefit of above rm 5.00 mah!
Posted by Sslee > Jul 22, 2021 8:48 AM | Report Abuse
Haha Mike, My Bjland book gain RM 64,380.00 and Insas book gain RM 58,982.88.
同一个故事不同的演员? Frankly Speaking: Same script, different actor TheEdge Mon, Jul 19, 2021
In 2018, the founder of Berjaya Group, Tan Sri Vincent Tan, made a grand announcement of restructuring the group that essentially involved unlocking its undervalued assets.
As part of the restructuring, he mapped out plans for his flagship company, Berjaya Corporation Bhd (BCorp) to take over 7-Eleven Malaysia Holdings Bhd, privatise Berjaya Land Bhd (BLand) and list the hospitality assets within the group in Singapore.
Subsequently, BCorp sold its hotels in Kyoto for US$700 million (RM2.93 billion). But there was not much progress on the rest of the plans.
Now, Berjaya Corp CEO Abdul Jalil Abdul Rasheed is also talking about privatising the undervalued BLand as part of his plan to restructure and transform the group. He has also said that no timeline has been set for the privatisation but hopes it can be done “sooner than later”.
A strategic initiative in the corporate world calls for speed in decision making and obscurity in the level of information disseminated. If there is going to be a takeover, the element of surprise is key to the success of the transaction.
Any discussion pertaining to a privatisation exercise should be kept within the four walls of their discussions until the promoters are prepared to launch the initiative.
It is rare for major shareholders or their professional managers to talk about privatising undervalued companies within the group publicly. If a privatisation is on the cards, they should just firm up the finances and launch the takeover.
There really is no need to talk about it in public, unless they are really not serious about it.
Abdul Jalil also broached BCorp’s disposing of its crown jewel, which is Berjaya Sports Toto Bhd (BToto), as it operates in a highly regulated environment. It will be interesting to know if the major shareholder also subscribes to his views because BToto has always been the cash cow that has helped Tan anchor the growth of BCorp, which has interests in a diversified field of economic activities, ranging from retail and food to property development and telecommunications.
THE MIND OF THE GOOD BUSINESS MAN & A GOOD STRATEGIC THINKER LOH!
WHY VT WILL LISTEN TO JALIL DISPOSE TOTAL LOH ?
U ask yourself...what will be BJCORP biggest core money spining business in the next 10 years leh ??
The answer is property development...as BJCORP own alot of prime land, it is expected the property development will generate at least 10 time more return compare to the toto side mah!
As gambling only contribute 10% of bjcorp overall future profits, strategically gambling should be dispose while it still can fetch a good disposal price loh!
All these sales proceeds should be ploughed into the existing business that will give a very effective & efficient return loh!
Posted by Bettyem > Jul 22, 2021 10:37 AM | Report Abuse
同一个故事不同的演员? Frankly Speaking: Same script, different actor TheEdge Mon, Jul 19, 2021
In 2018, the founder of Berjaya Group, Tan Sri Vincent Tan, made a grand announcement of restructuring the group that essentially involved unlocking its undervalued assets.
As part of the restructuring, he mapped out plans for his flagship company, Berjaya Corporation Bhd (BCorp) to take over 7-Eleven Malaysia Holdings Bhd, privatise Berjaya Land Bhd (BLand) and list the hospitality assets within the group in Singapore.
Subsequently, BCorp sold its hotels in Kyoto for US$700 million (RM2.93 billion). But there was not much progress on the rest of the plans.
Now, Berjaya Corp CEO Abdul Jalil Abdul Rasheed is also talking about privatising the undervalued BLand as part of his plan to restructure and transform the group. He has also said that no timeline has been set for the privatisation but hopes it can be done “sooner than later”.
A strategic initiative in the corporate world calls for speed in decision making and obscurity in the level of information disseminated. If there is going to be a takeover, the element of surprise is key to the success of the transaction.
Any discussion pertaining to a privatisation exercise should be kept within the four walls of their discussions until the promoters are prepared to launch the initiative.
It is rare for major shareholders or their professional managers to talk about privatising undervalued companies within the group publicly. If a privatisation is on the cards, they should just firm up the finances and launch the takeover.
There really is no need to talk about it in public, unless they are really not serious about it.
Abdul Jalil also broached BCorp’s disposing of its crown jewel, which is Berjaya Sports Toto Bhd (BToto), as it operates in a highly regulated environment. It will be interesting to know if the major shareholder also subscribes to his views because BToto has always been the cash cow that has helped Tan anchor the growth of BCorp, which has interests in a diversified field of economic activities, ranging from retail and food to property development and telecommunications.
If people r too negative like the naysayers until cannot see obvious opportunity, too bad for them loh!
FORTUNE FAVOR THE POSITIVE & BRAVE PEOPLE MAH!
osted by scanluver > Jul 22, 2021 10:54 AM | Report Abuse
LOL .... Same $hit different actor :D
Bettyem 同一个故事不同的演员? Frankly Speaking: Same script, different actor TheEdge Mon, Jul 19, 2021
In 2018, the founder of Berjaya Group, Tan Sri Vincent Tan, made a grand announcement of restructuring the group that essentially involved unlocking its undervalued assets.
As part of the restructuring, he mapped out plans for his flagship company, Berjaya Corporation Bhd (BCorp) to take over 7-Eleven Malaysia Holdings Bhd, privatise Berjaya Land Bhd (BLand) and list the hospitality assets within the group in Singapore.
Subsequently, BCorp sold its hotels in Kyoto for US$700 million (RM2.93 billion). But there was not much progress on the rest of the plans.
Now, Berjaya Corp CEO Abdul Jalil Abdul Rasheed is also talking about privatising the undervalued BLand as part of his plan to restructure and transform the group. He has also said that no timeline has been set for the privatisation but hopes it can be done “sooner than later”.
A strategic initiative in the corporate world calls for speed in decision making and obscurity in the level of information disseminated. If there is going to be a takeover, the element of surprise is key to the success of the transaction.
Any discussion pertaining to a privatisation exercise should be kept within the four walls of their discussions until the promoters are prepared to launch the initiative.
It is rare for major shareholders or their professional managers to talk about privatising undervalued companies within the group publicly. If a privatisation is on the cards, they should just firm up the finances and launch the takeover.
There really is no need to talk about it in public, unless they are really not serious about it.
Abdul Jalil also broached BCorp’s disposing of its crown jewel, which is Berjaya Sports Toto Bhd (BToto), as it operates in a highly regulated environment. It will be interesting to know if the major shareholder also subscribes to his views because BToto has always been the cash cow that has helped Tan anchor the growth of BCorp, which has interests in a diversified field of economic activities, ranging from retail and food to property development and telecommunications.
Suppose u own a piece of land....u want to construct a nice bungalow...do u construct the property yourself or u hire an expert contractor to build leh ?
Of course logic is u will hire an expert contractors mah!
But surprisingly previously VT wants to construct on his own mah!
NOW VT is Smarter....he get expert contractors like Professional JALIL to do the professional job mah!
Posted by ocbc > Jul 22, 2021 10:59 AM | Report Abuse
Same script, different actor
My 2 cents... 1) You have plan, but money likely not in yet to execute 2l VT now 70+...... He got a bad reputation in the past to the investors, do u think he want to clear his name before he bye bye? 3) Timing is important, i think time is about right especially he reaching 70+ n I remember someone mentioned about the money about to come in from overseas due to land disposal? 4) Jalil, ex FM , is to help BJ to get in investors by showing the potential of BJ
This counter don't need the support of naysayers to push up the share, it is all about whether privatization talks by Encik Jalil can go through or not. That is what i said earlier, ppl has to take the risks, no risks no gains. There is no 100% one unless you are god.
actually, there's still some slight difference between Jalil and VT, Jalil believes BCorp worth 10 but VT only 3.80... shame on VT for understating BCorp value
actually, there's still some slight difference between Jalil and VT, Jalil believes BCorp worth 10 but VT only 3.80... shame on VT for understating BCorp value
BJland need to revalue it land bank, at least there will be fair value gain and start see a very positive coming Q, did I heard someone said want to sweat the asset more?? ......hehehe..................
Take profit before VT dumps Cut loss of you can't Better run for your life if you can The road is long With a many a winding turn That leads us to who knows where Who knows where But is Jalil strong? Strong enough to carry VT? After all he is heavy, VT won't even bother So on we go His welfare is of my concern A burden is he to bear We'll get there For I know He would not encumber me He's heavy, VT won't even bother If I'm laden at all I'm laden with sadness That everyone's heart Isn't filled with the gladness Of love for one another It's a long, long road From which there is no return While we're on the way to there Why not share And the load Hope it doesn't weigh us down at all He's heavy, VT won't even bother He's heavy, VT won't even bother
Those senior shareholders since 200X definately not happy invested in BJ counters. That why the stock value is so undervalue and not many people want to invest. If I am not wrong, this privatize theme started since 2018 till now. VT name no more "rasa" for investors.... So now have to get external professional FM to execute the plan lah. My 2 cents..
It is rare for major shareholders or their professional managers to talk about privatising undervalued companies within the group publicly. If a privatisation is on the cards, they should just firm up the finances and launch the takeover.
There really is no need to talk about it in public, unless they are really not serious about it.
Of course it is rare mah....U cannot find super hero type of veli professional managers like Jalil type around mah!
They tell the fund managers & their loyal supporters in public, bcos they love their loyal supporters especially the minority shareholders very much mah!
They don want them to simply to sell cheap cheap after holding so long & lost opportunity mah!
It is rare for major shareholders or their professional managers to talk about privatising undervalued companies within the group publicly. If a privatisation is on the cards, they should just firm up the finances and launch the takeover.
There really is no need to talk about it in public, unless they are really not serious about it.
BJland needs to revalue its land bank, at least there will be fair value gain and start to see a very positive coming Q, did I hear someone say they want to sweat the asset more?? ......hehehe..................
Haha, The last time I sold half of bjland I bought at 18 cents for 40 cents. This round I top up and hold 1.45 million at about 24 cents. Will sell half again if hit 40 cents again.
The 'hidden' value has no value unless it ends up in your pocket, friend.
wantanmi Yup!...BCorp got lots of hidden value but does VT even wants to share? Good example is the RM2B plus cash from sale of fskyoto & RM420M compensation from Jeju failed project. What happens to the money? Even if eventually BCorp becomes profitable, VT will just siphon off the cash by transferring his private companies like Singer or personal investment in 7Eleven etc. for more shares & ICULS to dilute shareholders value. That's why very hard to attract new institutional funds to invest.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
stockraider
31,556 posts
Posted by stockraider > 2021-07-21 10:56 |
Post removed.Why?