Posted by stockraider > 2021-10-17 18:36 | Report Abuse

Long term value investment loh!

Big return on the way mah!

Posted by stockraider > 2021-10-17 18:42 | Report Abuse

Classic case of revenge spending in genting , the business on big recovery play motion loh!

Same apply to berjaya toto loh!

Posted by ocbc > 2021-10-18 09:21 | Report Abuse

Genting,Aasia,BJ

Posted by stockraider > 2021-10-19 19:23 | Report Abuse

26987 posts
Posted by stockraider > Oct 19, 2021 7:22 PM | Report Abuse X

Very strong recovery play mah!

Wait until u see q4 result...!

Strong result mah!

Big recovery play loh!

Posted by stockraider > 2021-10-19 19:29 | Report Abuse

Correction mah!

What raider meant is Dec 2021 result when almost all business opening up mah!

Very strong recovery play mah!

Wait until u see result in december 2021...!

Strong result mah!

Big recovery play loh!

Very strong recovery play mah!

Wait until u see dec 2021 result...!

Strong result mah!

Big recovery play loh!


Posted by Bettyem > Oct 19, 2021 7:25 PM | Report Abuse

已经第 4 季度了吗?
BERJAYA CORPORATION BERHAD
Financial Year End 30 Jun 2021
Quarter 4 Qtr
Quarterly report for the financial period ended 30 Jun 2021
Revenue
RM1,754,892,000
2 Profit/(loss) before tax
(RM208,104,000)
3 Profit/(loss) for the period
(RM272,322,000)
4 Profit/(loss) attributable to ordinary equity holders of the parent
(RM242,574,000)
5 Basic earnings/(loss) per share (Subunit)
(4.23 sens)

Posted by stockraider > 2021-10-20 12:18 | Report Abuse

U may buy some Insas to supplement your Berjaya Group investment mah!

Stay focus in insas your best bet mah!

Why Raider says Insas can be a strong growth stock ?
Bcos Insas has shown very consistent earnings growth support & value creation every year for the past years mah!

Insas is not a goreng stock, thus its share show steady appreciation consistently...thus over medium term, Insas will surely do better n gain better appreciation than most goreng stocks loh!

Just look at the amazing growth track record of value creation of insas for the past 10 yrs

June 2021- Nta Rm 2.99

Mar 2021 - Nta Rm 2.96

Dec 2020 - Nta Rm 2.83

Dec 2019- Nta Rm 2.68

Dec 2018- Nta Rm 2.54

Dec 2017..Nta rm 2.49

Dec 2016 ...Nta Rm 2.18

Dec 2015..Nta Rm 1.96

Dec 2014..Nta rm 1.82

Dec 2013 nta..rm 1.71

Dec 2012 nta ..rm 1.51

Dec 2011 nta..rm 1.38

Dec 2010 nta...rm 1.22

Dec 2009 nta ..rm 1.14


Insas Amazing Good Earnings & Value Creation Track records .

Insas has grown from Rm 1.14 NTA per share to Rm 2.99 per share in June 2021 & amazing capital gain of 162% over a period of about 12 yrs or a capital gain of 13.5% pa but if u factored in the dividend as well as u get a return above 14.5% pa loh!

Conclusion; Insas is a very great investment with equivalent to berkshire hathaway mah!

U just sleep well investing in insas loh!

Remember do not sell insas prematurely loh!

Insas CHIAK BEH LIAW !!


If u fear the high price of Inari, just buy insas for Inari exposure mah!

1000 insas is equivalent to 785 inari exposure mah!

That means u buy insas for Rm 1030 ....for Rm 3060 worth of inari share mah!

Btw this rm 3060 of inari value exclude other business value in insas share , that worth more than Rm 2600 per share mah!

Basically insas thereotical value per share is Rm 5660 per 1000 insas share loh!

Lu tau boh ?

Posted by TheContrarian > 2021-11-03 17:50 | Report Abuse

Bought at 24 sen today.

Posted by RainT > 2021-11-08 15:37 | Report Abuse

BJLAND is make loss company

through out these years also make loss

still can buy ?

Posted by stockraider > 2021-11-09 10:31 | Report Abuse

This is the emerging dragon winner mah!



RainT BJLAND is make loss company

through out these years also make loss

still can buy ?

Posted by sn2368 > 2021-11-18 21:20 | Report Abuse

https://www.theedgemarkets.com/article/developers-eye-police-golf-course-land-around-taman-tasik-titiwangsa

Posted by hkchee78 > 2021-11-25 19:17 | Report Abuse

https://www.theedgemarkets.com/article/vincent-tan-said-be-selling-luxury-yacht-about-%E2%82%AC30-million

Posted by Bettyem > 2021-11-25 20:55 | Report Abuse

转型计划的好消息?
https://www.klsescreener.com/v2/news/view/915161

Posted by Bettyem > 2021-11-27 11:11 | Report Abuse

https://www.businesstoday.com.my/2021/11/26/berjaya-land-and-qhazanah-sabah-to-develop-kota-belud-into-an-ict-township/

Posted by stockraider > 2021-11-27 11:21 | Report Abuse

Stay on course with bcorp mah!

Vt will becoming mah!

Posted by Bettyem > 2021-11-27 15:24 | Report Abuse

https://www.malaymail.com/amp/news/malaysia/2021/11/26/vincent-tan-more-affordable-homes-should-be-built-for-lower-income-group/2023986

Posted by stockraider > 2021-11-28 12:30 | Report Abuse

BLAND VERY SOLID LOH!

Posted by Bettyem > 2021-11-29 07:34 | Report Abuse

EQUITY
✨ Berjaya Corporation (BJCORP: 3395.KL) - Part 1
Radio show host: "What do you think BJCORP's shares are worth? Between RM 5.00 - RM 10.00?" CEO: "Yes. Closer to RM 10.00." Current share price: RM 0.25

Aaron Pek
Nov 27
1
Berjaya Corp's new 3-year plan sees reorganisation of 5 core biz segments
New CEO Jalil Rasheed poses in front of the Berjaya Corporation logo
BJCORP’s new CEO Jalil joined the company in March 2021, and has been public about how he thinks its shares are severely undervalued. The investment thesis for BJCORP is a turnaround thesis.

Despite looking like a conglomerate on the surface, >80% of BJCORP’s revenue actually comes from the Consumer sector - which dramatically increases the feasiblity of the turnaround, compared to a traditional conglomerate.

BJCORP was very badly run in the past - hence the base-case scenario is for them to simply return to industry baseline performance. No magic tricks are expected from the new management team.

If they can do that, the conservative 5-year CAGR estimate is north of 40%; while the optimistic 5-year CAGR estimate is up to 70%.

Did you know that BJCORP has listed long-term warrants? You can juice up the above returns even further, while adopting only marginal incremental risk.

In his short time at BJCORP, Jalil has demonstrated himself as a capable business operator, with a significant focus on prioritizing optimal capital allocation - arguably Buffett’s topmost key performance metric.

Posted by stockraider > 2021-11-29 07:37 | Report Abuse

Go for it loh!

Posted by Bettyem > 2021-11-29 07:53 | Report Abuse

EQUITY
✨ Berjaya Corporation (BJCORP: 3395.KL) -

While I’m not trying to allude to the notion that Berjaya Corporation’s (BJCORP) outlook shines anywhere near as brightly as GEICO’s did then, it is most certainly the ASEAN security that I like best today. The current share price can only be described one way - mispriced - where the presence of the Efficient Market Hypothesis (EMH) is completely absent. The bid and ask prices of its shares today may as well be set by a 5-year old chimpanzee throwing darts at fish in a barrel, and this is a sentiment shared by others as well.

To be fair, this is by far the largest small-cap company I have ever come across, for the simple reason that this company is actually a conglomerate - but whose share price has since fallen to small-cap levels. BJCORP is actually the parent company of all the listed Berjaya subsidiaries owned by the founding Tan family (‘berjaya’ means ‘success’ in Malay), as evident by the mindboggling complexity of its ownership struct
The web of entangled ownership of the entire Berjaya Group (not only BJCORP) - taken from CLSA’s April 2021 report below (click this image to expand)

Reach out to CLSA Malaysia at the highlighted contacts above for the full report
As you can see from the chart above, this web of entangled ownership shared between all the listed Berjaya subsidiaries is an absolute nightmare to untangle. I’d like to take this opportunity to apologize to all my loyal readers for going MIA over the past two weeks - because the more answers I sought from this company’s financial statements, the more questions it begot; and I ended up tunneling into rabbit hole after rabbit hole trying to find answers for the new questions that kept cropping up.

In many ways, my learning experience when analyzing this company resembled my learning experience when I was first studying macroeconomics - visualized as trying to understand many individual pillars of knowledge, but where you needed to understand some parts of other pillars before you could fully comprehend the one you were currently on.

In the end, I decided that it was futile trying to develop an airtight comprehension of this conglomerate’s financials in a reasonable amount of time...

Posted by Bettyem > 2021-11-29 09:55 | Report Abuse

The investment thesis behind buying BJCORP’s shares today can be described as being a turnaround. For the uninitiated, a turnaround refers to a corporate exercise where new capable management is brought by shareholders into a dying company to revitalize it, and breathe new life back into its desiccated corpse. For obvious reasons, being an investor in successful turnarounds can be extremely profitable, as the share price of the company prior to the successful turnaround is likely to be depressed. But at the same time, successful turnarounds are quite rare, as poor businesses tend to be poor for good reasons.

As such, most investors tend to shy away from investing in turnarounds as the uncertainty involved is usually high. If you’ve read my earlier report about Why Value factor investing > Growth factor investing, you’ll understand what I mean when I say that investors hate uncertainty - because it makes the future difficult to forecast:

Posted by bulldog > 2021-11-29 11:06 | Report Abuse

Accumulation in progress

Huat chaiii

Posted by Bettyem > 2021-11-29 14:15 | Report Abuse

BJCorp 和 BJLand 公司结构
https://ibb.co/0KW5TSM

Posted by Bettyem > 2021-11-29 14:28 | Report Abuse

BJCorp & BJLand 主要股權結構

BJCorp owns 78.95% BJLand
TSVT owns 4.66% BJLand

BJLand owns 40.5% BToto, 4.97% 7Eleven, 7.98% BAssets, 0.04% Redtone
BJLand owns 40.5% of BToto owns 88.2% BPhilippines, 0.9% BFood

Posted by Bettyem > 2021-11-29 14:42 | Report Abuse

Use Google Search for: Aaron Pek Value Investing BJCorp for details:

Before we dive headfirst into the investment thesis, I would just like to leave you with something to ruminate over as we pour over the analysis of BJCORP. In mid-July 2021, Jalil gave an interview on the most popular local business radio station BFM. At the 35:24 mark of this interview (Spotify - click here to jump to timestamp), the host asked him point-blank what he thought BJCORP’s shares were worth.

Jalil answered very confidently - between RM 5.00 to RM 10.00, and perhaps closer to RM 10.00. Keep in mind this is a stock which is currently trading at roughly RM 0.25, implying an approximately 30x upside if we assume the lower bound of that range of RM 7.50:

I understand that the potential for conflict of interest exists in his words, but that is just an unnecessarily way-out-there share price target to provide accountability on. In fact, if Jalil was in fact trying to push the stock with that sentence, I’d wager that he actually failed to achieve his objective - by virtue of the fact that people will wonder whether he’s insane. Which means that there is likely some merit to his estimate of BJCORP’s intrinsic value. Also take a look at some recent crazy insider buying activity by BJCORP’s founder Tan Chee Yioun in the above screenshot.

If you want a bit more context behind his estimated target price of RM 7.50, I’d recommend rewinding back to a slightly earlier timestamp of the same interview. At the 34:07 mark, the host provides a summary of the entire interview, which adds a bit more color about why Jalil might think that BJCORP’s shares are worth 30x what they are currently trading at (3,000% upside).

Use Google Search for Aaron Pek Value Investing BJCorp for details:

More from Aaron Pek
https://www.youtube.com/watch?v=e6f8qX9bRAY

Posted by bulldog > 2021-11-30 13:37 | Report Abuse

Accumulation in progress


Huat chaiii

Posted by bulldog > 2021-12-01 07:20 | Report Abuse

Hold tight tight
Huat chaiii

Posted by stockraider > 2021-12-01 16:08 | Report Abuse

READ Properly mah!

The core is large property development projects with GDV Rm 10b over 8 yrs or Rm 1.25b pa mah!

Lu tau boh ?

Posted by scanluver > Dec 1, 2021 2:34 PM | Report Abuse

From 5-Star hotels & resorts, premium coffee to cleaning rivers. Outstanding! When are they going to acquire Alam Flora and monopolize the sewage market? Huat Ah! Heng Ah! :D

birkincollector FOR IMMEDIATE RELEASE

30 NOVEMBER 2021

BERJAYA LAND BERHAD UNDERTAKES A JOINT VENTURE TO CARRY OUT
RIVER CLEANING, REHABILITATION AND DEVELOPMENT INITIATIVES IN THE
KLANG VALLEY


Kuala Lumpur - Berjaya Land Berhad ("B-Land"), a listed subsidiary of Berjaya Corporation Berhad
(“BCorp”), has set up a joint venture company, namely Landasan Lumayan Berjaya Sdn Bhd ("LLB") with
Landasan Lumayan Sdn Bhd (“LLSB"), a subsidiary of Menteri Besar Incorporation Selangor to undertake
river cleaning, river rehabilitation and river developments (“River Initiatives”) in the Klang Valley. B-Land
and LLSB hold 55% and 45% equity interest respectively in LLB.

Among the River Initiatives which LLB will undertake is the Selangor Maritime Gateway, a high economic
impact project which will see approximately 600 acres of land along about 56km of the Klang River to be
developed over the next 8 years. In 2022, LLB will launch the development of about 2,000 units of affordable
housing and 1,400 units of other types. By 2030, there would be about 26,000 housing units to be completed
along the Klang River, of which 50% would be affordable homes. The project is expected to have an estimated
gross development value ("GDV") of RM10 billion over 8 years, with an average GDV of RM1.25 billion
per annum.

Posted by kahhoeng > 2021-12-01 17:35 | Report Abuse

fainted, despite two announcements over 2 days, BLand just chose to not move...

Posted by kahhoeng > 2021-12-02 09:33 | Report Abuse

the klang valley project an out-of-court settlement for BLand land exchange dispute with Selangor state government???

Posted by stockraider > 2021-12-02 09:36 | Report Abuse

Hard to say, it could be separate issue loh!

It could be part of the overall settlement mah!

Posted by bulldog > 2021-12-04 13:02 | Report Abuse

Accumulation in progress

Huat chaiii

Posted by stockraider > 2021-12-04 13:05 | Report Abuse

Go for it loh!

Posted by stockraider > Dec 1, 2021 4:08 PM | Report Abuse X

READ Properly mah!

The core is large property development projects with GDV Rm 10b over 8 yrs or Rm 1.25b pa mah!

Lu tau boh ?

Posted by scanluver > Dec 1, 2021 2:34 PM | Report Abuse

From 5-Star hotels & resorts, premium coffee to cleaning rivers. Outstanding! When are they going to acquire Alam Flora and monopolize the sewage market? Huat Ah! Heng Ah! :D

birkincollector FOR IMMEDIATE RELEASE

30 NOVEMBER 2021

BERJAYA LAND BERHAD UNDERTAKES A JOINT VENTURE TO CARRY OUT
RIVER CLEANING, REHABILITATION AND DEVELOPMENT INITIATIVES IN THE
KLANG VALLEY


Kuala Lumpur - Berjaya Land Berhad ("B-Land"), a listed subsidiary of Berjaya Corporation Berhad
(“BCorp”), has set up a joint venture company, namely Landasan Lumayan Berjaya Sdn Bhd ("LLB") with
Landasan Lumayan Sdn Bhd (“LLSB"), a subsidiary of Menteri Besar Incorporation Selangor to undertake
river cleaning, river rehabilitation and river developments (“River Initiatives”) in the Klang Valley. B-Land
and LLSB hold 55% and 45% equity interest respectively in LLB.

Among the River Initiatives which LLB will undertake is the Selangor Maritime Gateway, a high economic
impact project which will see approximately 600 acres of land along about 56km of the Klang River to be
developed over the next 8 years. In 2022, LLB will launch the development of about 2,000 units of affordable
housing and 1,400 units of other types. By 2030, there would be about 26,000 housing units to be completed
along the Klang River, of which 50% would be affordable homes. The project is expected to have an estimated
gross development value ("GDV") of RM10 billion over 8 years, with an average GDV of RM1.25 billion
per annum.

Posted by stockraider > 2021-12-08 12:53 | Report Abuse

Buy lah!

Very steady mah!

Posted by stockraider > 2021-12-08 20:25 | Report Abuse

Believe in VT mah!

Believe in Jalil mah!

Posted by bulldog > 2021-12-09 09:39 | Report Abuse

Accumulation in progress


Huat chaiii

Posted by stockraider > 2021-12-09 11:44 | Report Abuse

Bjland due for privatization loh!

Lu tau boh ?

Posted by stockraider > 2021-12-11 10:31 | Report Abuse

Yes...with Jalil there, VT would not kon U mah!

Bcos Jalil will report him to Police if VT want to kon mah!


Posted by bin22222 > Dec 11, 2021 10:28 AM | Report Abuse

Better selection like berjaya ? Hahaha

Posted by stockraider > 2021-12-11 10:36 | Report Abuse

The day VT make up his mind to appoint Jalil as the CEO, Vt knows he need to go Straight mah!

Posted by kahhoeng > 2021-12-11 20:54 | Report Abuse

or probably VT just realized that he needed a bigger mouth than his?

Posted by shortinvestor77 > 2021-12-13 15:51 | Report Abuse

Tomorrow AGM. What kahhoeng want to ask?

Posted by bulldog > 2021-12-14 17:34 | Report Abuse

Accumulation in progress

Huat chaiii

Posted by dompeilee > 2021-12-15 17:13 | Report Abuse

Whoever listened to you-know-who...buy since Apr...buy until horlan lol

Posted by stockraider > 2021-12-15 17:18 | Report Abuse

Bland Agm very positive mah!

Posted by stockraider > 2021-12-15 17:35 | Report Abuse

Push down VT macai collect more mah!

Road to privatization mah!

Posted by miniminer > Dec 15, 2021 5:34 PM | Report Abuse

RM70k of shares transactions can push down by half cent now .....hehehe.........

Posted by Bettyem > 2022-01-04 09:56 | Report Abuse

Why BJCORP is not a business in secular decline... and how past performance is not indicative of future results

Aaron Pek
Jan 2
Happy New Year! This is the 3rd part of a 4-part series to BJCORP Part 3 - which I’ve made free as my New Year’s present to all of you! Click these links to read Part 3a and Part 3b. Use Google to search for latest article by Aaron Pek....

Posted by Bettyem > 2022-01-04 10:02 | Report Abuse

Use Google to search for "value investing bjcorp part 3" to read full article.

Posted by Bettyem > 2022-01-05 10:15 | Report Abuse

In Part 1 of my BJCORP equity research report (10,000 words), I mentioned how this stock was my favorite ASEAN stock right now - having a base-case scenario with 300% upside, very little downside risk, and built-in optionality for a potential blue-sky scenario with up to 3,000% upside.

Over the past week, I’ve done a deep-dive into both BJCORP’s historical P&L Statements and Balance Sheets over the past 10 years, which you can view by reading Part 3a (4,000 words) and Part 3b (7,000 words) respectively:

Posted by Bettyem > 2022-01-05 20:00 | Report Abuse

https://www.linkedin.com/posts/aaronpek_bjcorp-accounting-deep-dive-part-3a-activity-6880329805372514304-B9GH

Posted by hkchee78 > 2022-01-07 19:11 | Report Abuse

https://www.thestar.com.my/business/business-news/2022/01/07/salcon-berjaya-infrastructure-to-jointly-undertake-water-and-wastewater-infrastructure-projects

Posted by shortinvestor77 > 2022-01-10 19:37 | Report Abuse

https://www.enanyang.my/%E8%A6%81%E9%97%BB/%E9%9D%9E%E6%94%BF%E5%BA%9C%E7%BB%84%E7%BB%87%E4%B8%BE%E6%8A%A5-%E8%AF%81%E7%9B%91%E4%BC%9A%E9%AB%98%E5%B1%82%E6%B6%89%E8%B4%AA