However, before we do that, I need to highlight something first. If you recall, my BJCORP investment thesis in Part 1 did not promise a 3,000% return - in fact, it merely justified how an investor in BJCORP’s shares today could achieve a 300% return. That stark 10x gap was the difference between the latter’s base-case scenario’s valuation, and the former’s blue-sky scenario’s valuation.
Hence, while I do think that it is possible for BJCORP to attain its fabled 3,000% upside, I want to make it clear that I’m not saying that it is definitely going to happen. While I’m pretty confident about the investment thesis behind the 300% upside, I only believe that this 3,000% upside thesis is just that - a blue-sky scenario investment thesis. It will work in the best of circumstances where all the stars align, but you shouldn’t be counting your chickens on it hatching.
Having said that, we don’t even need this 3,000% upside to materialize in order to justify an investment in BJCORP’s shares today. Remember, the 300% upside thesis is fairly likely to materialize - as I’ve quite clearly demonstrated in Part 1. Furthermore, as I’ve also shown there, there is also very little risk inherent in the investment idea on top of that. Just because we only get a 300% upside and not 3,000% doesn’t mean that we shouldn’t be grinning from ear-to-ear - that’s still a 5-year CAGR of 25%.
However, as we’ll see below, neither does that mean that the potential for a 3,000% upside is unlikely. In fact, I think there’s a pretty decent chance of it, even if it doesn’t actually end up materializing. Like I mentioned earlier, all I’m saying is don’t count your chickens before they hatch. Only expect a 300% upside from this investment - but if you do eventually get the 3,000% upside, consider that a bonus from papa Buffett.
VT owns 7-11 through his own private vehicle. Initially owned by BCorp, 7-11was parked under BRetail which was listed years ago and privatized by VT (not BCorp) after being listed.
recovering, BJFood reported 3x improvement yesterday, expect similar improvement on BJLand in the near future. Invest n keep while its still very cheap now.
2. scenery Con liar stockraider aka whistlebower99 aka thehoff spamming all penny stocks here n in FB GorengGroupFB. He non stop since early 2021 days n nights, working very hard for syndicates to collect at low n causes all penny stock lost above 5,000% - 10,000%
The owner of Icelandair hotels is Berjaya Land Berhad. The sales agreement with Icelandair was finalized at the beginning of 2021, but the first part of the contract went through already in 2019. The chairman of the board of directors in Iceland is Tryggvi Þór Herbertsson.
The company will introduce rebranding and name changes to the parent company and the Icelandair Hotels chain in the second half of 2022.
Type Announcement Subject PUBLIC SHAREHOLDINGS SPREAD Description STATUS ANNOUNCEMENT ON COMPLIANCE WITH THE PUBLIC SHAREHOLDING SPREAD REQUIREMENT Further to our announcement dated 24 November 2021 in relation to the public shareholding spread of Berjaya Land Berhad (“BLand” or “Company”), the Board of Directors of BLand wishes to announce that the public shareholding spread of the Company as at 24 February 2022 stood at 14.25%
Bursa Malaysia Securities Berhad had, vide its letter dated 22 September 2021, granted BLand an extension of time of 6 months until 22 March 2022 to comply with the approved public shareholding spread of 20%.
The emergence of the new Omicron coronavirus variant has slowed down the global economic recovery and adversely impacted the business operations and performance of the BLand Group, particularly its hotels and resorts business segment. Malaysia’s growth trajectory is expected to improve given resumption of economic activities and continued policy support. The recent easing of restrictions for fully vaccinated individuals including for interstate travel is expected to spur tourism-related activities going forward.
In view of the above, BLand is constantly exploring options to address the shortfall in its public shareholding spread. The Company will make the necessary announcements as and when there is any material development on the above.
Seriously, you guys still believe BJLand still got chance to revive? Even Jalil is escaping. Not that in think he can stay long when he was appointed. Haven't we given BJLand enough time amid all these dramas?
Lol...Since no news could it be Ini Kalilah to start off Uncle Tan's 70th Birthday Celebrations & turnaround for Berjaya Group since Taiwan Mafia could be acquiring some of Berjaya's biz? Just wait for Uncle Tan to showhand?...
The hidden value of "Land" still there lah. Of course best we got professional manager like Jalil to run it. I think VT will have to source for another CEO with similar background , at 70+ better let someone else do the job.
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Bettyem
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Posted by Bettyem > 2022-01-19 11:32 | Report Abuse
However, before we do that, I need to highlight something first. If you recall, my BJCORP investment thesis in Part 1 did not promise a 3,000% return - in fact, it merely justified how an investor in BJCORP’s shares today could achieve a 300% return. That stark 10x gap was the difference between the latter’s base-case scenario’s valuation, and the former’s blue-sky scenario’s valuation.
Hence, while I do think that it is possible for BJCORP to attain its fabled 3,000% upside, I want to make it clear that I’m not saying that it is definitely going to happen. While I’m pretty confident about the investment thesis behind the 300% upside, I only believe that this 3,000% upside thesis is just that - a blue-sky scenario investment thesis. It will work in the best of circumstances where all the stars align, but you shouldn’t be counting your chickens on it hatching.
Having said that, we don’t even need this 3,000% upside to materialize in order to justify an investment in BJCORP’s shares today. Remember, the 300% upside thesis is fairly likely to materialize - as I’ve quite clearly demonstrated in Part 1. Furthermore, as I’ve also shown there, there is also very little risk inherent in the investment idea on top of that. Just because we only get a 300% upside and not 3,000% doesn’t mean that we shouldn’t be grinning from ear-to-ear - that’s still a 5-year CAGR of 25%.
However, as we’ll see below, neither does that mean that the potential for a 3,000% upside is unlikely. In fact, I think there’s a pretty decent chance of it, even if it doesn’t actually end up materializing. Like I mentioned earlier, all I’m saying is don’t count your chickens before they hatch. Only expect a 300% upside from this investment - but if you do eventually get the 3,000% upside, consider that a bonus from papa Buffett.