Posted by bennychen > 2018-01-02 13:06 | Report Abuse

Yes agreed me too is holding shares of BJLand and will continue to average my holding cost if the price dropped. Its just waiting game with TSVT.
Laulau....thanks for update and sharing of your analysis and comments on BJLand which are useful for those handful of minority shareholders....
Certainly there are somethings going on in BJLand and only time will take us what is it....cheer

Posted by laulau > 2018-01-02 16:59 | Report Abuse

Yes...agreed once the impairment provisions provided earlier in 2016 & 2017 are reversed by BJLand with a favorable Jeju Land court ruling, final payment of China property project and profit from disposing Vietnam property project...there is no reasons for BJLand to be not profitable in 2018...Huat...Ahh!

Posted by bennychen > 2018-01-02 19:33 | Report Abuse

Sure looking forward to 2018 where BJLand becomes BJGoldmine once all the issues are resolved in favour of BJLand.....Ong Lai Ahhhhhh

Posted by laulau > 2018-01-02 21:28 | Report Abuse

I think the year 2018 will be an auspicious date for TSVT to make his next corporate move for BJLand like privatisation, since already owns more than 78.8%...:)

Quote "Malaysian tycoon Tan Sri Vincent Tan purportedly prefers players with the number 8 in their birthdates for the Cardiff City British football club he owns, a UK journalist alleged today. The number 8 is considered auspicious in Chinese culture, and the preference has baffled the UK media which has followed the colourful billionaire, ranked by Forbes as Malaysia’s ninth richest man".
http://www.themalaymailonline.com/sports/article/vincent-tan-prefers-players-with-lucky-8-in-their-birthdates#uHxzZ5P8JtTvPJaf.97

Quote "The change of pace is attributed to Tan Sri Vincent Tan. His company, Dijaya Enterprise Bhd (later renamed MOL.com Bhd), is subscribing for a 60.8 per cent stake in World of Feng Shui for RM16.8 million. He got in touch with Lillian earlier this year and made her the offer. How did they arrive at the valuation? The figure RM16.8 million was chosen because it is auspicious. Apparently, in Cantonese it means prosperity all the way."
http://www.lillian-too.com/news_mnbjuly00.php

Posted by bennychen > 2018-01-03 08:36 | Report Abuse

Totally agreed with you......laulau
Its like playing a poker game with TSVT. Those weak players would crashed out and only those strong and persistent players will stay on with him......

Posted by Bystander123 > 2018-01-03 10:42 | Report Abuse

very obvious,the kakis here all in the same gang one,spinning tall tales

also true, many clearing bit by bit , to move on to greener pastures, haha

Posted by laulau > 2018-01-03 11:02 | Report Abuse

Klse already up 10.62 points to 1,793.27 this morning with the run-up to GE14 to be held most probably after Chinese New Year between March to June 2018?

As the window of opportunity is quite narrow for TSVT to capitalise on this...I think TVST would make his next move soon... as BJLand has been consolidating for almost a year already...with TSVT's average acquisition cost for BJland at around 70 sens per share...

Posted by lwyy60 > 2018-01-03 16:23 | Report Abuse

Yes, whole bjland worth only 1.7B until now? Go back SEE newpapers few days ago, who r the tyc will influence the market 2018. Remember TAKE photo big pic of Tan sri VT. lolz. A buy is a wise then sell is manipulation as all u can SEE clearly price in d btm and few round cleansing on d end. Please Dont Sell Cheap i mention again. Good luck guys.

Posted by laulau > 2018-01-04 17:42 | Report Abuse

Klse up 10.66 points to break 1,803.45 today...isn't it ironic that the Subsidary is almost the same price as BJCorp the Holding Company, where the provisions for reversible impairments is very much bigger?...Obviously somebody is setting up roadblocks for an Objective?

Anyway it presents an opportunity to buy low as most news has been discounted and it's a window of opportunity for those who has been buying BJCorp to switch to BJLand instead as the entry cost is almost similar? The rebound for BJLand will be fast and furious with the run up to GE14...the Objective maybe TSVT needs to make his next move soon to raise funds to back some friendly political parties to support his pet projects?

Posted by bennychen > 2018-01-04 17:43 | Report Abuse

certainly agreed with you as it is so strange and weird of BJLand.

Posted by Hello99 > 2018-01-04 17:46 | Report Abuse

already 1 month ++ still no news for the settlement. weird

Posted by Bystander123 > 2018-01-04 17:52 | Report Abuse

here got interesting tall tales one, but aftr a while, u would know its recycle one, how much lost opportunity costs incurred ? haha

Posted by bennychen > 2018-01-04 20:23 | Report Abuse

Well said and it is true.........it is weird game to play with TSVT but the rewards would be fierce and fury at the END GAME.....

Posted by Bystander123 > 2018-01-04 20:24 | Report Abuse

3 muskeeters show time, haha

Posted by Bystander123 > 2018-01-04 20:26 | Report Abuse

or masquerader in action ?

Posted by laulau > 2018-01-04 21:34 | Report Abuse

We must be getting close to the truth to elicit an immediate response from the Proxy?

Quote" Klse up 10.66 points to break 1,803.45 today...isn't it ironic that the Subsidary is almost the same price as BJCorp the Holding Company, where the provisions for reversible impairments is very much bigger?...Obviously somebody is setting up roadblocks for an Objective?

Anyway it presents an opportunity to buy low as most news has been discounted and it's a window of opportunity for those who has been buying BJCorp to switch to BJLand instead as the entry cost is almost similar? The rebound for BJLand will be fast and furious with the run up to GE14...the Objective maybe TSVT needs to make his next move soon to raise funds to back some friendly political parties to support his pet projects?"

Posted by laulau > 2018-01-04 21:57 | Report Abuse

TSVT has postponed his intention on DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS), INTENTION TO DEAL DURING CLOSED PERIOD last month or was it a "Red Herring" to throw people off his true intentions and plans for BJLand in 2018?
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5606825

As of 17 November 2017, TSVT & BJCorp already controlled 78.835% of BJLand, I just wondered how TSVT & BJCorp met Bursa Malaysia's requirements of "Public Shareholding Spread", when the number of shares owned by one party exceeds 75% without the risk of delisting or suspension by Bursa Malaysia? What's TSVT intention of keeping BJLand still listed when already controls more than 78.8%?

GUIDANCE NOTE 13 - PUBLIC SHAREHOLDING SPREAD​
http://customer.bursamalaysia.com:8080/ACE/Pages/AceGuidanceNote13.aspx

Direct Interest (TSVT) 1.374%
Indirect Interest (BJCorp) 77.461%
Total % of Shares held 78.835%

Posted by lwyy60 > 2018-01-05 02:19 | Report Abuse

yes, when it release for it intention. That is when it realize the "shareholder value" supposely 6B rather than 1.7B markep cap now lolz. Good luck Guys XD.

Posted by bennychen > 2018-01-05 09:59 | Report Abuse

Can minority shareholders of BJLand lodge a complaint to KLSE on the non compliance to the Guideline Note 13?

Posted by bennychen > 2018-01-05 10:06 | Report Abuse

The Ghost Proxies are still still at work and collecting the cheap shares.

Posted by Bystander123 > 2018-01-05 10:09 | Report Abuse

better let the G??? P?? collect n switch to many moving cntrs, lost of opportunity cost is real, dont b mesmorise/confuse by the tall tales here, v entertaining one , haha !

Posted by laulau > 2018-01-05 11:04 | Report Abuse

I think any shareholders can alert Bursa Malaysia on this non compliance of Public Spread if BJLand management has not done so and made a "Status Announcement" as required by Bursa Malaysia?

Quote "Disclosure requirements in the event of non-compliance
​
​3.1 ​Rule 8.02(3) of the Listing Requirements provides that a listed corporation must announce to the Exchange that it does not comply with the Required Public Shareholding Spread immediately upon it becoming aware of this (“Non-Compliance Announcement”).
​ ​
​3.2 ​The listed corporation must include the following information in its Non-Compliance Announcement:​
​ ​
​ ​(a) ​a statement that the listed corporation does not comply with the public shareholding spread requirement set out in Rule 8.02(1) of the Listing Requirements;
​ ​ ​
​ (b)​ ​the percentage of public shareholding spread
​ ​ ​
​ ​(c) steps taken or proposed to be taken by the listed corporation to comply with the Required Public Shareholding Spread (“Rectification Plan”) including the following:
​ ​ ​
​ ​ ​(i) ​the tentative timeline in respect of the Rectification Plan; and
​ ​ ​ ​
​ ​ ​(ii) ​the status of the Rectification Plan; and​
​ ​ ​ ​
​ ​(d) ​where the listed corporation has not formulated a Rectification Plan, the status of the listed corporation’s endeavours to formulate such a plan or where a Rectification Plan has not been formulated and/or if no endeavours have been taken to formulate such a plan, an appropriate negative statement to such effect.
​ ​ ​
​3.3 ​After the Non-Compliance Announcement, a listed corporation which does not comply with the Required Public Shareholding Spread must announce the status of its efforts to comply with the Required Shareholding Spread (“Status Announcement”). The listed corporation must make the Status Announcement for each quarter of its financial year simultaneously with the quarterly reports and in any event, not later than 2 months after the end of each quarter of a financial year.
​ ​
​3.4 ​The listed corporation must include the following information in the Status Announcement​:
​ ​
​ ​(a) ​the information prescribed in paragraph 3.2 above; and
​ ​ ​
​ ​(b) ​a statement as to whether an extension of time for compliance has been granted by the Exchange and if so, the following:
​ ​ ​ ​​
​ ​ ​(i) ​the duration of extension granted; and
​ ​ ​ ​
​ ​ ​(ii) ​the expiry date of the extension. "

http://customer.bursamalaysia.com:8080/ACE/Pages/AceGuidanceNote13.aspx

​ ​ ​ ​

Posted by Bystander123 > 2018-01-05 11:08 | Report Abuse

quite confirm the gang here fully employed one, to keep 'guests' entertained with tall tales, so knowledgable someone on Bursa, respect !
people busy making money on shares, they so free one

Posted by laulau > 2018-01-05 13:43 | Report Abuse

For the Proxy to work so hard...I rest my case...

Quote "TSVT has postponed his intention on DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS), INTENTION TO DEAL DURING CLOSED PERIOD last month or was it a "Red Herring" to throw people off his true intentions and plans for BJLand in 2018?
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5606825

As of 17 November 2017, TSVT & BJCorp already controlled 78.835% of BJLand, I just wondered how TSVT & BJCorp met Bursa Malaysia's requirements of "Public Shareholding Spread", when the number of shares owned by one party exceeds 75% without the risk of delisting or suspension by Bursa Malaysia? What's TSVT intention of keeping BJLand still listed when already controls more than 78.8%?

GUIDANCE NOTE 13 - PUBLIC SHAREHOLDING SPREAD​
http://customer.bursamalaysia.com:8080/ACE/Pages/AceGuidanceNote13.aspx "

Posted by bennychen > 2018-01-05 15:48 | Report Abuse

Perhaps notifying KLSE of non compliance by BJLand will pressure TSVT to respond and act expeditious.....

Posted by Bystander123 > 2018-01-06 16:43 | Report Abuse

ystander123 kahhoeng Can only hope BJCorp or BJLand announcing a highly profitable disposal, given its over 1 billion of BJCorp asset awaiting sale. 500 million profits from the disposal, is it too much to ask?!?


light n easy sunday trivias :


BIG BOSS : LauLar, i like your masquerade with Besia See in BJLAND, good job ! v.
entertaining !

u so pro with BURSA legalities, i tht u are trained lawyer somemore hahaha !


LauLar : thks BIG BOSS, i practice this script everyday , repeat for more than 5 years already,
can remember every line mah !


BIG BOSS : Good, continue the excellent job, we pay u well one , must keep our 'guests'
entertained n happy to stay here, give them hope , to stay with me !

LauLar: YES BIG BOSS !!!


LauLar: but, when are your actually going to do it , BIG BOSS ?

BIG BOSS : very soon, very soon
once i figure out , how to get round all these encumbrances on the land,

u know everything already fully charged to banks mah, but our guests dont know

keep it that way, good, good !
06/01/2018 16:41

Posted by laulau > 2018-01-08 00:59 | Report Abuse

According to Nanyang Siang Pau, TSVT is one of the Market Movers For 2018

Quote translated from Mandarin "In 2017, the economic performance of our country is dazzling. Gross domestic product (GDP) surpassed expectation frequently and the ringgit rose as well. This will make the market optimistic about this year's market. In particular, we launched a number of corporate activities last year and may see results this year, whether it is performance or share price. As a result, Nanyang Siang Pau posted a big move for everyone in the past year and who will continue to be an important figure in 2018.

Tan Sri Vincent Tan Chee Yioun, founder and chairman of the Berjaya Group, unexpectedly come of retirement, not only pushing up the share price of Berjaya Group (BJCORP and BJLAND) but makes people very much look forward to what he will do in 2018!

Although he was still frequently active in corporate activities, the news of his re-entry still surprised the whole market. However, the market generally felt positive about his return and also very much looked forward to his contributions to the Group. I believe there will be more major moves by Tan Sri Vincent Tan Chee Yioun this year. Some research analysts believe he will help rebuild friendly relations with political circles if it works, or help to promote future earnings and stock prices off Berjaya Group as he returns to the board of directors.

Tan Sri Vincent Tan Chee Yioun returned to the team and immediately reported the good news of the successful judicial review the plan announced for acquisition of the Jockey Club site in Sungei Besi from Selangor Racing Club (STC)and the construction of a new horse racing club can proceed.

Tan Sri Vincent Tan Chee Yioun's re-entry also boosted the market sentiment for the Berjaya Corp, that share price surged 8 cents, or 24.24%, in the nearly 1-month period from 33 cents on the day it was announced to return to the Berjaya Corp board. It even hits 41.5 cents on 15 November, setting a new high since March 22, 2016"

https://klse.i3investor.com/blogs/kianweiaritcles/142961.jsp

根据南洋商报，TSVT是2018年的市场推动者之一

刚刚结束的2017年，我国经济表现亮眼，国内生产总值（GDP）频频超越预期，令吉也回升，让市场看好今年的市场。

特别是去年展开多项企业活动，或会在今年看到成果，不管是业绩表现或股价。

因此，《南洋商报》为大家评点在去年有大动作，并且在2018年也将继续呼风唤雨的重要人物。

成功集团创办人兼执行主席丹斯里陈志远 重出江湖股价即涨

丹斯里陈志远在退休5年后，出其不意地宣布重出江湖，不仅推高成功集团（BJCORP，3395，主板贸服股）股价，成功置地（BJLAND，4219，主板贸服组）搁置多年的计划也有了进展，这让人非常期待他在2018年会有什么新举动！

陈志远在2017年11月1日，宣布重新执掌成功集团执行主席，虽然他此前仍频频出现在公司活动上，但重出江湖的消息，依然让整个市场感到意外。

不过，市场对他的复出普遍感到正面，也非常期待他对集团的贡献，相信今年会有更多大动作。

有研究主管认为，随着他重回董事部，相信将有助于重建与政界的友好关系。若是奏效，或有助推动未来盈利和股价。

陈志远重新归队，马上捎来好消息，即是成功置地要求展开的司法检讨获得胜诉，使到在2004年宣布向雪兰莪赛马俱乐部（STC）收购位于新街厂地皮和兴建新赛马俱乐
陈志远也提振市场对成功集团的投资情绪，让下跌了5年的股价，有了上涨动力！

股价从宣布重回董事部当天的33仙，在接近1个月内激增8仙或24.24%；更在11月15日一度冲上41.5仙，创下自2016年3月22日以来新高。

Posted by bennychen > 2018-01-08 10:46 | Report Abuse

The Ghost Proxies are really irritating need to call the Ghost Chasers.

Posted by laulau > 2018-01-08 14:55 | Report Abuse

Foreign funds bought RM915.1m Malaysian equity in first week of 2018, says MIDF Research.

https://www.theedgemarkets.com/article/foreign-funds-bought-rm9151m-malaysian-equity-first-week-2018-says-midf-research

Quote "SIX COMMANDMENTS FOR THIS POWERFUL BULL RUN OF 2018 (Calvin Tan)
Author: calvintaneng | Publish date: Mon, 8 Jan 2018, 10:55 AM

Hi guys/gals,

We are at the beginning of a powerful GE14 Election Year/ Chinese New Year 2018 Bull Run!

Why should this BULL RUN continues?

Answer:

1) 1MDB has settled all its debts to IPIC. So Malaysia didn't go the way of Brazil or Venezuela! With this impediment removed FOREIGN FUNDS's confidence will be boosted Sky High!! And Foreign Funds poured in almost Rm1 Billions to KLSE.

These Coming Tide of New Hot Monies will continue to power up Bursa.

2) North Korea in dialogue with South Korea... Nuclear tension thawing. This is another uncertainty that kept Funds away. So peace reigns for now. And more reasons to come back to emerging Asia in general and undervalue Malaysia in particular.

Since KLSE gone down the most KLSE will go up the most

3) CRUDE OIL rebound also lift up Ringgit. The Rm4.00 to one USD is finally broken!

Another good reason for Foreign Funds to invest in KLSE. Twin profits from Stock Price gains & exchange rate gains as both Bursa & Ringgit continue to out perform in 2018.


So keep these 6 Commandments


1) GO FULLY INVESTED.

The wind of Fortune has just started blowing until GE14 Election Day! Long way up!

So convert cash to equities. Cash on its own with 3% Bank FD has a P/E of 33.3. So it will take 33.3 years to double your monies. Can hardly cover inflation.

2) Don't need to hit and run or jump from share to share. Just buy and hold. In Bull Run most monies are made by sitting still and doing nothing. But it's ok if trading increased among punters and Remisiers' are happy. A jolly good time for all.

3) Don't waste time debating and quarrel over stocks. Listen to all posts. Then make your own decisions. Be responsible to your own actions. Gain or lose is your own.

4) Don't take small profits if you think the shares you bought are good. Stick with it for the maximum profit

5) Don't forget to take more position if you think the stock is outstanding. This was what My Johor Sifu taught me. If you have found a stock which you think is very good don't just nibble. YOU MUST HAMMER IT!

In other words if you think you have found a "Chun Chun Stock" you should not just nibble. You should take Huge Position. Of course you must also bear in mind not to overdo it. Buy within your means. And able to sleep well every night

6) If the Shares you bought didn't go up immediately don't be tempted to sell. In the Game of Rotational Plays all laggards will also move in their turns. A Rising Tide Lifts All Boats."

Posted by lwyy60 > 2018-01-08 15:17 | Report Abuse

atlast high vol. Good luck guys

Posted by laulau > 2018-01-09 00:11 | Report Abuse

Recap on BJLand Sungei Besi Land Development...

"Court decides in BJLand’s favour on Selangor Turf Club issue
The long-delayed plan to relocate the Selangor Turf Club (STC) premises from Sungei Besi to a bigger land in Sungai Tinggi is set to move forward, spurred by a court ruling.

(BJLand) said its subsidiary Berjaya Tagar Sdn Bhd (BTSB) had won a judicial review against the Selangor state government and other relevant authorities, as it sought to move forward the approval process and procedures for the project".

"In 2004, Berjaya Tagar had entered into an agreement with STC for the acquisition of three parcels of leasehold land measuring a total of 245 acres in Sungai Besi for RM640 million, of which RM35 million will be paid in cash and the balance of RM605 million will be satisfied by a transfer to STC of 750 acres of land in Bukit Tagar with a newly built turf club."

BJL和双溪贝西土地开发公司总结

“法院认定BJLand对雪兰莪州草地俱乐部有利
将雪兰莪州草皮俱乐部（STC）场地从双溪贝西迁至双溪丁宜大片土地的长期计划，将由法院裁决推动。

BJLand）表示，其子公司Berjaya Tagar Sdn Bhd（BTSB）赢得了对雪州政府和其他相关部门的司法审查，因为它试图推进该项目的审批程序和程序“。

“2004年，Berjaya Tagar与STC达成协议，以6.4亿令吉收购位于Sungai Besi的总面积为245英亩的三幅租赁土地，其中RM3500万将以现金支付，其余RM650 million令吉 将在新建的草地俱乐部转让给STC 750英亩的Bukit Tagar土地。

https://www.thestar.com.my/business/business-news/2017/11/11/court-decides-in-blands-favour-on-selangor-turf-club-issue/
http://www.theedgemarkets.com/article/berjaya-land-wins-judicial-review-proceed-construction-new-selangor-turf-club

"Generally, the Sungai Besi Highway (Besraya) can be divided into North, Central and South sectors. For now, the Northern sector is mostly occupied by industrial factories along Jalan Chan Sow Lin, but with the the proposed Bandar Malaysia development taking off, it will subsequently enhanced the commercial value of the area. In the middle of Sungai Besi is residential suburbs such as Desa Petaling and Salak South, while the Bandar Tasik Selatan, where the integrated transportation terminal – Terminal Bersepadu Selatan (TBS) is located. Further South, one can find the Selangor Turf Club (STC) and Taman Tasik Damai, where there is the Lake Fields gated and guarded residence, before the road continues to Balakong, Serdang and Kajang"

Lake Fields gated and guarded residence near Selangor Turf Club (STC) and Taman Tasik Damai, where transacted land price was RM604 per sq. ft. in 2015.
http://propertyinsight.com.my/wp-content/uploads/2017/05/Screen-Shot-2017-05-09-at-9.51.29-PM.png

SUNGAI BESI: ONCE A TIN MINE, NOW A PIECE OF GOLDEN REAL ESTATE
“Sungai Besi has a new lease of life as all the economic centres are moving towards the southern region of Kuala Lumpur. It is poised to become a central business district for the country. With the emergence of Tun Razak Exchange (TRX), the city’s financial district and Bandar Malaysia, there will be an immense growth within the central business district coupled with good connectivity such as the Terminal Bersepadu Selatan (TBS) and a few major highways, Sungai Besi will certainly be a gem in Kuala Lumpur. All the other measures taken within the surrounding area has become a catalyst to upcoming developments.”

Bandar Malaysia in Sungei Besi, three kilometers away from its twin project Tun Razak Exchange, is set to have the most innovative urban solutions for liveability in a new urban ecosystem, relooking at the relationship between people, buildings, traffic and nature in the capital city.

“A modern metropolis with high quality living and good connectivity.” That is how the Prime Minister sees Bandar Malaysia – soon to be transformed from the existing Sungai Besi Airport.

The Government expects the development to bring in a huge amount of foreign direct investments, (FDIs) starting with the US$2bil (RM8.14bil) by CREC to build its integrated office complex there.

There is also the Kuala Lumpur–Singapore High Speed Rail (HSR) project, which will definitely add more investment value to Sungai Besi area. The project was announced by the Prime Minister in September 2010 and supposedly connects Kuala Lumpur and Johor Bahru with Singapore. On 19 February 2013, Singapore and Malaysia had officially agreed to build a high-speed rail link between Kuala Lumpur and Singapore by 2022, with work scheduled to commence next year.
http://propertyinsight.com.my/blog/sungai-besi-once-a-tin-mine-now-a-piece-of-golden-real-estate/
http://propertyinsight.com.my/area-focus/sungai-besi/

Posted by bennychen > 2018-01-09 09:44 | Report Abuse

Thank you laulau for your comprehensive research and update on BJLand. Certainly our TSVT is eyeing to take back BJLand from the public because of the Huge Potential Value of the land bank of BJLand especially on the 245 acres of Sungai Besi land which is from sand mine to GOLD MINE and eventually become a DIAMOND CITY with Bandar Malaysia, HSR and TRX within the area......Bravo to BJLand.
Hold tight tight my shares......Cheer to the minority shareholders of BJLand.

Posted by bennychen > 2018-01-09 12:27 | Report Abuse

Ghost Proxies please continue to play play ping pong with buy and sell among yourself

Posted by laulau > 2018-01-10 00:06 | Report Abuse

Value Investing on BJLand - Higher Returns with Lower Risk

For the Value Investor, the risk of losing money is low. AT 36.5 ~ 37 sens, BJLand is trading at a historic low, below it's intrinsic share value...the likelihood that the price of BJLand continues to decline is low as it's still a profitable business. That's why the Value Investor doesn’t mind if the stock should fall in the short-term. He uses these set backs as a buying opportunity to accumulate even more shares of BJLand. The Value Investor knows that in the long run, the price of BJLand will rise again and provide above-average returns for the Value Investor.
https://www.gurufocus.com/news/619583/value-investing--higher-return-with-lower-risk

See BJLand's 52 weeks Lowest & Highest 5 years share price trend from 2013 to 2017
2017 - Lowest 36 sens / Highest 66 sens [Profit for the year RM 411,221,000]
2016 - Lowest 56 sens / Highest 76 sens [Loss for the year RM (165,024,000)]
2015 - Lowest 63 sens / Highest 83 sens [Loss for the year RM (161,828,000)]
2014 - Lowest 75 sens / Highest 88 sens [Profit for the year RM 309,213,000]
2013 - Lowest 76 sens / Highest 93 sens [Profit for the year RM 296,775,000]

"We think TSVT is cooking up something with BJLand in 2018 before GE14 to be held soon...Buy as much as you can...as BJLand Intrinsic share value is RM0.92 per share (according to icon8888 with his 'Neutral & Objective Assessment" since not interested in BJLand)...before the cheap supply dries up and before more foreign investors come into Bursa! As TSVT & BJCorp already holds move than 78.8% BJLand shares (purchased at an average price of 70 sens per share) there is not much free floating shares left on Bursa for cheap sale before TSVT locks everything up...

Sum of Parts for BJLand = Adjusted Assets - Adjusted Liabilities
= RM9.163 billion - RM4.564 billion
= RM4.599 billion.
Divided by 5 billion BJ Land shares, Intrinsic Value = RM0.92 per share.
https://klse.i3investor.com/blogs/icon8888/99941.jsp

Even TSVT bought 6,317,600 BJLand shares at 48 sens per share in the latest off market transaction on 15 November 2017 for his latest project?

Name of Affected Person: Tan Sri Dato' Seri Vincent Tan Chee Yioun
Date of Transaction: 15.11.2017
Price per share: RM0.48
No. of shares acquired: 6,317,600
% of Ordinary shares: 0.127
Tan Sri Dato' Seri Vincent Tan Chee Yioun
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5605153

Quote "calvintaneng Hi guys,

Hold tight all Bj Corp stocks of Great Value

The Trend is starting. Rotation from frothy Growth Stocks into Value Stocks"

See
"Why investors should continue rotating from growth into value stocks
Rebecca Ungarino | @ungarino
Published 10:32 AM ET Fri, 8 Dec 2017
CNBC.com"
https://www.cnbc.com/2017/12/08/why-investors-should-continue-rotating-from-growth-into-value-stocks.html

Posted by bennychen > 2018-01-10 09:48 | Report Abuse

Good morning laulau......thank you again for the write up and update and also the advice to hold on the shares until TSVT makes his moves and show his cards on BJLand.

Posted by laulau > 2018-01-10 12:49 | Report Abuse

Yes...Just hold tight to all your BJLand shares and we will wait together until TSVT makes his next move and show his cards on BJLand soon...In the meantime the current price is already at the all time low...accumulate as much you can afford...We are sure that your won't regret this chance given by TSVT in his moves to lock up BJLand soon?

We guess the Proxy who is entrusted to press down the share price (since all negative news has been discounted) to achieve his Objective, is one or more of TSVT's younger scions? Cheers!
https://en.wikipedia.org/wiki/Vincent_Tan

Posted by bennychen > 2018-01-10 15:42 | Report Abuse

Yes agreed with you. Just see how the trading today and you know anf I know the Ghost Proxies are just trading among themselves just to register the trading activities to avoid queries from the KLSE Regulators.
We will wait uncle TSVT to open his cards no matter how long it takes......cheer

Posted by firehawk > 2018-01-12 15:26 | Report Abuse

lowest again ...

Posted by laulau > 2018-01-12 15:37 | Report Abuse

I think the Proxies...maybe 2 of them are trading from left to right again...

Btw Bursa already up 4.9 points to 1,821.78 and all the bad news has been discounted long time ago...should see some real action come CNY...

Quote" calvintaneng GOOD MORNING,

DON'T BE AFRAID TO BUY THEM ALL BJ COS WHILE CHEAP!

BETTER BUY JAKS CHEAP AT 40 SEN THAN TO CHASE JAKS AT RM1.60

BETTER BUY MASTEEL AT 66 SEN THAN TO CHASE MASTEEL AT RM1.70

SO BEST TIME IS NOW TO BUY LOW!!!"

Posted by laulau > 2018-01-12 16:35 | Report Abuse

Business must be good for BJLand to set up so many new subsidiary companies to cater for recreational activities for tourism?

"The Board of Directors of Berjaya Land Berhad (“BLand”) is pleased to announce that
BLand had incorporated the following new subsidiaries under the Companies Act 2016 (the
“Incorporation”):


Ever Revenue Sdn. Bhd. (ERSB) & Ever Perpetual Growth Sdn. Bhd. (EPGSB) are wholly owned subsidariries of Tionman Island Resort Berhad which in turn is an 86.25% owned subsidiary of BJLand.

Infinity Worth Creation Sdn. Bhd. (IWCSB) is wholly owned by KDE Recreation Berhad, a wholly owned subsidiary of Berjaya Vacation Club Berhad, which in turn is a wholly owned subsidiary of BJLand."

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5646225

Quote "calvintaneng VERY GOOD NEWS AS INBOUND TOURISTS JUMPED!!!

1) TOURISTS WILL BUY MORE STUFF FROM 7 ELEVEN AS THEY ARE EASILY LOCATED

2) TOURISTS WILL DRINK STARBUCKS COFFEE

3) TOURISTS WILL EAT AT KENNY ROGERS CHICKEN (HEALTHY & GOOD)

4) TOURISTS WILL EAT AT WENDY & DOKIN DONUTS

5) TOURISTS WILL EAT AT PAPA JOHN PIZZA

6) TOURISTS WILL VISIT COLMAR TROPICAL REPORT OF BERJAYA HILLS

7) TOURISTS WILL SHOP AT BERJAYA WATERFRONT CITY & BERJAYA TIMES SQ

8) TOURISTS WILL STAY AT BERJAYA TIOMAN, REDANG, LANGKAWI & OTHERS

9) SO GO GO BJ CORP!!! "

See
https://www.theedgemarkets.com/article/malaysia-airports-hit-record-9654-mil-2017-driven-international-traffic

Posted by lwyy60 > 2018-01-12 17:37 | Report Abuse

lolz, Dont u SEE that block 10000lot. Guys u are lucky because someone post the BJ group bisness capability. As u know, price already low and yet proxy still push down day by day. It must serve a purpose. Let me talk about bjland 18 years ago. Price start from rm5 which drop to rm2.5 roughly. Then it split 5 and price become roughly 30c. Then gradually it goes up till roughly 2.5 and yet it split again into 2 become 1.25 until Then it drop until now 34c. I hope it drop faster so that cycle will end. and we will acc Cheap stock again. I wait for so long to SEE a real econony bust and downturn and will be my ist encounter. i still felt secure with my investment in bjland as 22%. For me it is safe heaven and yet possible 100% in return. Yet this year is VT show time. XD Good luck all. XD

Posted by curious2 > 2018-01-12 17:39 | Report Abuse

BJ Land, BJ Corp drop bec VT support Pakatan?

Posted by laulau > 2018-01-12 17:57 | Report Abuse

Yup...that's why we think there are 2 proxies or more...as one normal account max. only can buy or sell 5,000 lots at one time...TVST will cultivate political connections with just anyone who can further his business ambitions...that's why he is friends with both sides including Johor YM...

Berjaya: from zero to hero
Wednesday, 02/15/2017, 12:39

With investments in real estate, finance, and most recently lottery, chairman Vincent Tan showed his ambition to expand Berjaya Corporation’s footprint in Vietnam.

http://english.vov.vn/investment/berjaya-from-zero-to-hero-343466.vov

Posted by Royce Chan > 2018-01-12 18:30 | Report Abuse

Beware as BJLAND has strong posibility to go down below 0.30 before any turnaround as long as the 2 major issues involving legal pursuits are still pending. Hence there's no substantive support found at any level but just allowed to drift on. Since there's so much problem in this company TSVT may consider to take BJLAND private at a very low price at this juncture. Moreover he's controlling more than 70% of the shares directly and indirectly.

Posted by bennychen > 2018-01-12 20:32 | Report Abuse

Recouping and getting standby cash to pick up more cheap cheap shares. Lets see how low uncle TSVT wants BJLand share to go.......

Posted by laulau > 2018-01-12 20:45 | Report Abuse

Then we will wait for the long haul and averages down along the way since there is intentional efforts to press down the price...but as long there is support for BJCorp which has an even bigger impairment provision but price still steady, BJLand price shouldn't fluctuates too much since 2018 is the year for TSVT to prove his mettle as the come back kid...

Posted by laulau > 2018-01-13 00:16 | Report Abuse

The problem with BJLand is that there not much public spread and liquidity...as 78.8% BJLand shares already controlled by TSVT & BJCorp...so in order to press down the price today...the Proxies has no choice but to sell a large 2,000 lot at 12.16:07 followed by another 2,000 lot at 12.27:27...the 3rd 2,000 lot was sold at 16.36:25...the 3 large lots already accounted for 6,000/11,610 x 100 = 51.68% of the shares sold by the proxies to each other...as not many minority shareholders are selling since the price is already at historic low?

Also the 2 major issues involving legal pursuits already provided for impairment provisions by BJLand and BJCorp is already discounted by the market earlier.
1. Great China Mall impairment in 2017 (balance of payment guaranteed by Chairman & major shareholder of SkyOcean)
2. Jeju Land impairment in 2016 (favourable court ruling on compensation soon?)

Also one must remember that even TSVT though is the major shareholder, he only owns 1.374% direct interest...the balance of 77.461% is owned by BJCorp...most of us are both shareholders of BJLand and also BJCorp...so any actions of benefit to TSVT and BJCorp i.e Privatisation also benefits us as shareholders of BJCorp & BJLand...Then most of BJLand shares has been charged as collaterals for bank loans by TVST & BJCorp...so the proxies can't afford to press the price too low...as it may trigger margin calls by the Banks which will directly affects TSVT & BJcorp financial standing...which is akin to the "Chicken-and-egg" situation?

They also can't keep the price low (hoping the minority shareholders will sell their shares cheap) for too long without losing the narrow "Window of Opportunity" to make their next corporate moves before GE14 due by June 2018 but most probably could be called as early as after CNY!

Quote "calvintaneng correct! i think the impairment on China Great Mall non payment is grossly overstated.

There should be a provision in S&P stating interest penalty for late overdue payment.

All Banks and Finance Companies charge for late payment. Govt even charge interest penalty on late payment for quit rent and assessments.

Since SkyOcean is listed in Hong Kong the recourse to claims by law is very possible.
if no payment Bj Corp can file writ of seizure and resell the property to others... deducting all legal costs with interest and recover all in full. So the impairment is highly reversible.

SO ANY PERCEIVED WEAKNESS IS AN OPPORTUNITY TO BUY MORE LAGGARD BJ CORP SHARES!"

Posted by bennychen > 2018-01-13 13:38 | Report Abuse

Once again thank you for your comprehensive write up on BJLand. Certainly TSVT has his strategic corporate plans lined up for the BJGroup of Companies to make great again.
Agreed pick up some cheap shares when opportunity comes. MY FD and EPF accounts are ready for action.
We know that the fair value of BJLand is much much more than the current share price which had been intentionally suppressed and only TSVT can reveal the truth and when.....

Posted by lwyy60 > 2018-01-13 14:11 | Report Abuse

Potentially fairer price for mandatory general offers
Under the new Takeover Rules, the offer price for a mandatory offer shall be not less than the highest price paid/ offered to be paid by the offeror or person acting in concert within 6 months from before the beginning of the offer period OR the volume weighted average trade price for the last 20 market days prior to the triggering of the offer, whichever is the higher. Whilst the former factor of highest price offered or paid remains unchanged from the 2010 rules, the consideration of the preceding volume weighted average trade price is a new addition, and would encourage fairer prices reflecting market value.

Posted by newbie5354 > 2018-01-13 19:14 | Report Abuse

If 10% premium from 34.5 sen possible? Who can reject?

Posted by lwyy60 > Jan 13, 2018 02:11 PM | Report Abuse
Potentially fairer price for mandatory general offers
Under the new Takeover Rules, the offer price for a mandatory offer shall be not less than the highest price paid/ offered to be paid by the offeror or person acting in concert within 6 months from before the beginning of the offer period OR the volume weighted average trade price for the last 20 market days prior to the triggering of the offer, whichever is the higher. Whilst the former factor of highest price offered or paid remains unchanged from the 2010 rules, the consideration of the preceding volume weighted average trade price is a new addition, and would encourage fairer prices reflecting market value.