BERJAYA LAND BHD

KLSE (MYR): BJLAND (4219)

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Last Price

0.34

Today's Change

0.00 (0.00%)

Day's Change

0.33 - 0.345

Trading Volume

5,277,500


3 people like this.

12,371 comment(s). Last comment by ngyewchai76 3 weeks ago

Posted by shortinvestor77 > 2023-10-26 19:24 | Report Abuse

Up down, down up stock is suitable for traders.

Posted by birkincollector > 2023-10-27 13:13 | Report Abuse

All Berjaya counters up ready for the new Agong

ocbc

917 posts

Posted by ocbc > 2023-10-27 21:07 | Report Abuse

Good observation 👍

Eagle77

4,027 posts

Posted by Eagle77 > 2023-10-29 18:46 | Report Abuse

Buy gold stocks because the wars in Middle East getting worse and critical may anytime spreading to other countries 💥💥💥🩸🩸🩸…recommended gold stocks-NICE ⬆️⬆️⬆️✅

Posted by shortinvestor77 > 2023-10-29 20:37 | Report Abuse

Ukraine-Russia war also has never been critical, what more for small area Israel-Palestine war --- Nothing critical.

Eagle77

4,027 posts

Posted by Eagle77 > 2023-10-30 21:57 | Report Abuse

The wars are getting critical 💥💥🔜all countries of the world will face recession and economies down turn ⬇️⬇️⬇️

markgold

312 posts

Posted by markgold > 2023-10-31 09:25 | Report Abuse

The valuable land problem solve, but BJ Land still sleeping?

kahhoeng

3,895 posts

Posted by kahhoeng > 2023-10-31 10:25 | Report Abuse

no telling how the selangor government going to respond and how much BLand will be compensated? so, better wait for final outcome first???

Posted by birkincollector > 2023-10-31 10:25 | Report Abuse

haha when the majority shares are in VT and allies hands.......they decide when to move

soon9913

2,448 posts

Posted by soon9913 > 2023-10-31 11:15 | Report Abuse

hng33, good buy now ? what is the potential risk?

skynet2000

120 posts

Posted by skynet2000 > 2023-10-31 18:48 | Report Abuse

the Four Seasons Okinawa is targeting its grand opening in the second quarter of 2027
3.5 years from now.
It is like Genting developed Genting S'pore previously.
Take so long to see their actual openning.

skynet2000

120 posts

Posted by skynet2000 > 2023-10-31 18:50 | Report Abuse

Only get a syndicated loan of USD330 million.
Gross Development Value of USD1.12 billion.
Are there more loans will be borrowed for the whole project ?

skynet2000

120 posts

Posted by skynet2000 > 2023-10-31 19:26 | Report Abuse

As Yokohama Hotel also will be started at 03-2024.
Which means another syndicated loan will be taken, the group borrowing will increased further.

markgold

312 posts

Posted by markgold > 2023-11-01 10:56 | Report Abuse

Applying for USD loan is not a wise move at this moment but for this Japan project is still acceptable.

skynet2000

120 posts

Posted by skynet2000 > 2023-11-01 11:36 | Report Abuse

Borrow USD at current high exchange rate to JY should be fine. Work shall be done in JY.
Once Fed Reserve interest rate start drop back, projected exchange rate of JY will drop.
Present JY:USD is 150:1, if it drop to 100:1, there is capital gain of 33% on exchange rate.
As repayment will be 5 to 10 years from now.

stockraider

31,553 posts

Posted by stockraider > 2023-11-02 10:12 | Report Abuse

I think must exercise patience....patience here loh!

VT may dare to fool minority shareholders, but he do not dare to fool the sultan family loh!

The above analysis veli veli important loh!

markgold

312 posts

Posted by markgold > 2023-11-02 10:20 | Report Abuse

All the issues depend on VT. If he CHANGES his behavior and carry out according to Company plan then shareholders can look for better future.

Posted by birkincollector > 2023-11-02 11:02 | Report Abuse

boo boo VT......see how everything YTL touches turned into gold lol

skynet2000

120 posts

Posted by skynet2000 > 2023-11-02 11:13 | Report Abuse

Refer to year 2004 to 2206, BLand could attract foreign fund manager to but in their shares up to RM5,00; that time BLand selling their Mega projects at GMOC, at China; Jeju Resort at Korea, and Kyoto Hotel at Japan.
End up, they manage to complete only one job, but price drop to 20sen.

skynet2000

120 posts

Posted by skynet2000 > 2023-11-02 11:15 | Report Abuse

This time with Four Season Hotels at Okinawa, and Yokohama, USD1.2Bil each, RM6.0Bil.
Can they get new foreign to buy in again ?

skynet2000

120 posts

Posted by skynet2000 > 2023-11-02 12:03 | Report Abuse

Impairment have been made since 2017, while they take legal suit to buyer.
Total impairment have come to RM473mil.
The initial debts is of RM595mil, with interest, built up to RM650mil, as recorded.

skynet2000

120 posts

Posted by skynet2000 > 2023-11-02 12:05 | Report Abuse

From report, state that:
The courts in the People’s Republic of China and Hong Kong had ordered that various assets of Beijing SkyOcean and its Guarantors to be frozen and would be appraised for auction to eventually recover the Final Award.
Due to the Covid-19 situation in China previously, the abovementioned recognition and
enforcement proceedings had been delayed and are still ongoing at this juncture.

skynet2000

120 posts

Posted by skynet2000 > 2023-11-02 12:08 | Report Abuse

Nevertheless, as BLand declare impairment, means the recovery of debts could be challenging: as compare to Jeju Resort case, there was no impairment being allowed.
Finally, Jeju debts were recovered.

skynet2000

120 posts

Posted by skynet2000 > 2023-11-02 12:11 | Report Abuse

However, if the debts were recovered, it will be gain of RM473mil on BLand group, plus interest gain of RM65mil.
With exclude minor minority interest, Bland can get RM270mil profit, from the collection.

skynet2000

120 posts

Posted by skynet2000 > 2023-11-02 12:16 | Report Abuse

If GMOC case settled, and STC appeal case closed with Selangor state, BLand shall boost for next high with their new plan on:
1. Okinawa Hotel, up to 2027
2. Yokohama Hotel, up to 2028,
3. Sg Besi new development plan, up to 2035.
4. Development of river side conds jointly venture with Landasan Lumayan, up to 2032.

skynet2000

120 posts

Posted by skynet2000 > 2023-11-02 13:26 | Report Abuse

From record frozen assets of Beijing SkyOcean namely shares in Tuopai Shede Wine, shall worth RMB3.8Bil. Good enough for the repayment, however, knowing ZhouZheng has declared bankruptcy, how much could it worth now, and how many debtors are queing up to get back from him, will be an issue.

skynet2000

120 posts

Posted by skynet2000 > 2023-11-02 13:31 | Report Abuse

Anyway, the recovery of RM650mil, which Bland portion of RM330mil, is no more great news as compare to the won case of STC relocation and development of Okinawa Hotel, the development of Yokohama Hotel is under BCorp, not BLand.
Plus the development of SRKU scheme and River side scheme under LLBSB.
These will be the potential movement of BLand going forward.

markgold

312 posts

Posted by markgold > 2023-11-06 09:46 | Report Abuse

Thanks for information provided by Skynet2000. The future is brighter as STC case settled and Sungai Besi development plan can begin as soon as possible.

markgold

312 posts

Posted by markgold > 2023-11-06 15:06 | Report Abuse

This counter sell at 28 sen therefore do not compare with those good counters. I am willing to invest in this counter and expect good return within 2 years with improve profit.

ocbc

917 posts

Posted by ocbc > 2023-11-07 00:13 | Report Abuse


BERJAYA LAND BERHAD
[Registration No. 199001010193 (201765-A)]
(Incorporated in Malaysia)

NOTIFICATION TO SHAREHOLDERS
THIRTY-THIRD ANNUAL GENERAL MEETING (“33RD AGM”)

Dear Valued Shareholders of Berjaya Land Berhad (“Company”),

We are pleased to invite you to participate in the 33rd AGM of the Company, which will be conducted on a virtual basis through live streaming via Remote Participation and Voting (“RPV”) facilities from the broadcast venue, details as set out below:

Date and time : Tuesday, 12 December 2023, 10.00 a.m.
Broadcast Venue : Manhattan V, Level 14, Berjaya Times Square Hotel, Kuala Lumpur, No. 1 Jalan Imbi, 55100 Kuala Lumpur

Sslee

4,565 posts

Posted by Sslee > 2023-11-07 08:31 | Report Abuse

Maybe BOD afraid someone might throw rotten eggs at them if holding a physical AGM.

stockraider

31,553 posts

Posted by stockraider > 2023-11-07 10:33 | Report Abuse

Key value is its property dev, once it takeoff, it will fly like a rocket loh!

skynet2000

120 posts

Posted by skynet2000 > 2023-11-07 13:14 | Report Abuse

@simon2020
Secured a USD300million, RM11.6bil loan, does not means immediate borrowing will up RM1.6bil. Borrowing will pick up while they draw-down from bank during the hotel construction period.

skynet2000

120 posts

Posted by skynet2000 > 2023-11-07 13:21 | Report Abuse

BLand property division will load with plenty of works:
1. Hotel at Okinawa, RM6bil, in 4 years
2. Hotel at Yokohama, RM6bil, in 4 years
3. Sg Besi works, GDV RM8bil, (based on former report), in 10 years
4. Work with Landasan Lumayan Berjaya JV, GDV RM8bil, in 10 years.
5. Work at Times Square Condo, GDV RM600mil, in 4 years
6. Dev at Penang, Bkt Jalil, Shah Alam, and SRKU, GDV RM1bil, in 4 years.



kahhoeng

3,895 posts

Posted by kahhoeng > 2023-11-07 13:39 | Report Abuse

To my understanding, GDV of Okinawa Four Seasons includes land value (which is either paid or current under loan agreement years ago,) earlier work in progress (no idea how much has been spent on the project) and expected earnings (was it reported earlier?). So, BLand does not necessarily need to raise another USD 700 million for the project.

stockraider

31,553 posts

Posted by stockraider > 2023-11-08 10:46 | Report Abuse

Success can be repeated mah!
It is proven that VT can be successful in 4 season Kyoto, it is likely can be successful in Okinawa too loh!

skynet2000

120 posts

Posted by skynet2000 > 2023-11-08 12:05 | Report Abuse

Hotel Okinawa ground breaking was on Nov-2020, 3 years only completed civil foundation work.
I believe the main reason for the slow progress shall be MCO at Japan, second reason should be securing bank loan for the main building works.
As said, GDV was USD1.2 Bil, with the loan of USD330 million, how to complete the work without further borrowings?

skynet2000

120 posts

Posted by skynet2000 > 2023-11-08 12:12 | Report Abuse

BLand have established a subsidiary in Japan to undertake the main building works.
Via this company, the work in progress could become work revenue, under property division for the next 4 years. This could boost the revenue of Property division, as it has been under performance for the past 5 years, of RM300mil per year the most.
If Hotel Okinawa is progressing as well as their planning, it will give RM1.5 bil per year;
If Hotel Yokohama also take-off as planned, another RM1.5 bil of revenue recorded.
Even Hotel Yokohama owner is BCorp, however the construction revenue is under BLand as they are the main contractor who carry out the works.

skynet2000

120 posts

Posted by skynet2000 > 2023-11-08 12:22 | Report Abuse

In fact, BLand have taken their entitlement of profits, on FY-23 dividend from Hotel Kyoto, first RM100mil paid at Q2-FY23, second RM104mil paid at Q4-FY23.
These two distributions have kept BLand stay positive even with the impairment losses of -RM99mil from GMOC at Q4-FY23.

skynet2000

120 posts

Posted by skynet2000 > 2023-11-08 12:25 | Report Abuse

BLand future profit must come from the Property division, as the other 3 arms have been giving good results and recover from losses after pendamic period.

markgold

312 posts

Posted by markgold > 2023-11-08 15:02 | Report Abuse

That is why the share price is 28 sen. It the management team is efficient as ECO world then the share price is above1.28

ocbc

917 posts

Posted by ocbc > 2023-11-09 10:42 | Report Abuse

Make sure we reject these BOD bonuses in the upcoming AGM

ocbc

917 posts

Posted by ocbc > 2023-11-09 10:44 | Report Abuse

if No dividents >5% to small shareholders, NO bonuses to BOD and top management.

markgold

312 posts

Posted by markgold > 2023-11-09 11:44 | Report Abuse

Yes, all small shareholders should act together.

Eddysurge

2,057 posts

Posted by Eddysurge > 2023-11-14 14:36 | Report Abuse

Uncle Tan srewed up in cave by selling off his bjland share at non confidence move 25 cent. To whom that willing to bought??? A loans that still in progressive tor
skynet2000

BLand property division will load with plenty of works:
1. Hotel at Okinawa, RM6bil, in 4 years
2. Hotel at Yokohama, RM6bil, in 4 years
3. Sg Besi works, GDV RM8bil, (based on former report), in 10 years
4. Work with Landasan Lumayan Berjaya JV, GDV RM8bil, in 10 years.
5. Work at Times Square Condo, GDV RM600mil, in 4 years
6. Dev at Penang, Bkt Jalil, Shah Alam, and SRKU, GDV RM1bil, in 4 years.
gangnam

Lol...Biz must be bad with Uncle Tan's men doing damage control? Speechless! Cashflow vs Loan ( damage control ) Only major shareholder have the ideas for future envisage.

ocbc

917 posts

Posted by ocbc > 2023-11-15 12:16 | Report Abuse

@gangnam
No need to shut-up , VT more worry if no one keen on his companies. That is why his company shares can't go up. Cheap also people don't want as they are many other better options.

skynet2000

120 posts

Posted by skynet2000 > 2023-11-15 20:35 | Report Abuse

@simon2020, I have no specific intel to judge how could BjLand run their Mega projects via continuous bank borrowings.
Anyway, Yokohama Hotel financing shall be under BjCorp. BjLand shall only be main contractor for the building works.

skynet2000

120 posts

Posted by skynet2000 > 2023-11-15 20:38 | Report Abuse

With Mega projects in Japan and Malaysia, BjLand shall be able to attract new players from oversea to buy in BjLand stake.

skynet2000

120 posts

Posted by skynet2000 > 2023-11-16 11:01 | Report Abuse

@simon2020, beside Redtone, BjCorp also sold 77.3 million of BjFood shares, for RM50mil,
and sold 30,77 million of BjLand shares.
However, this is the moment for BjLand and BjCorp to raise up after several years of down side.
I do believe that to hold on BjCorp and BjLand should be the most appropriate move instead of dispose of shares, to follow BjCorp movement.
As their transactions are via direct transaction, could be passing those shares to their syndicate parties; prepare for "goreng" upon group release of more good news.

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