Posted by Good123 > 2019-04-23 12:55 | Report Abuse

based on this ratio, each bjland share =38/30 x 27sen per bjcorp share= 34.2sen

@
kahhoeng SC can, if they want to, make MGO compulsory with a minimum 0.38:0.30 exchange ratio after reviewing the Penta deal. Unfortunately though, I have reservation over SC independence.
23/04/2019 12:21 PM

Posted by Good123 > 2019-04-23 14:09 | Report Abuse

very likely to be privatized.... many valuable assets in bjland.... net assets per share 80sen+, market price 20sen+ greatly undervalued

Posted by Good123 > 2019-04-23 14:11 | Report Abuse

be patient ..privatization should happen within this year... easier to privatize, About 15% not owned only including baki penta punya 3%+ Haha

Posted by Good123 > 2019-04-23 14:13 | Report Abuse

probably the share swap 38/30 will be offered to the remaining shareholders, not involving cash... like bjcorp fell to 24.5sen n now back to 27sen already

Posted by Good123 > 2019-04-23 14:14 | Report Abuse

just issue bjcorp shares to the remaining 15% shareholders is an easier alternative for privatization, not cash involved... maybe VT punya strategy, now u all ask for it

Posted by Good123 > 2019-04-23 14:17 | Report Abuse

VT boleh cakap kini, penta dah pernah accept , korang terima jer lah ... fair lah tak payah pakai cash bagi swastakan bjland ... 38/30

Posted by 129055444514385 > 2019-04-23 14:31 | Report Abuse

probably offer similar share swap at 38/30 to 45/30 to encourage the remaining shareholders to let go all their shares... not cash involved.... bjcorp share price can rebound speedily thereafter... like now... back to 27sen after falling to 24.5sen

Posted by 129055444514385 > 2019-04-23 14:33 | Report Abuse

i think , after privatising bjland and becoming a subsi of bjcorp, and spin off the hotel division in spore, the share price of bjcorp will go crazy also :)

Posted by 129055444514385 > 2019-04-23 14:35 | Report Abuse

this financial year, bjland will report good profit with another material gain on disposal in vietnam :)

On Net Assets, Gearing and Earnings
The Proposed Disposal will not have any material effect on the net assets and gearing of the
B-Land Group. However, the Proposed Disposal will result in an estimated gain of about
RM192.33 million.
8.0 RISK FACTOR
The Proposed Disposal is conditional upon the completion of the Deposit Agreement and
Transfer Agreement as well as the approvals from the relevant Vietnamese government
authorities’ being obtained within the stipulated timeframe. In the event the Amended ERC is
not obtained within the stipulated timeframe, TPC Development will have to proceed with the
Management Handover with only one Director remaining on the Board of TPC Village. In
such event, TPC Development would already have received full repayment of the Inter-Co
Loan and 76% of the Sale Consideration with the remaining 19% of the Sale Consideration
to be paid upon actual issue of the Amended ERC. Barring unforeseen circumstances, the
Amended ERC is expected to be obtained within the stipulated timeframe. In the event the
Proposal Disposal is not completed for whatsoever reason, TPC Development will have to
refund all monies received and unwind the Management Handover with TPC Village
remaining a subsidiary of TPC Development.
Nevertheless, the B-Land Group will take all reasonable steps to monitor the progress of the
Proposed Disposal towards completion.

Posted by 129055444514385 > 2019-04-23 14:37 | Report Abuse

even share swap at the minimum 38/30, based on bjcorp share price today at 27sen, the gain per bjland share is about 12sen+.... current price is 22sen,....the gain is about 54%+.... haha it could be higher if the ratio is higher than 38/30 offered

Posted by 129055444514385 > 2019-04-23 14:54 | Report Abuse

Bjland should be calvin tan's preference based on his explaination haha

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/202228.jsp

BIBLICAL INVESTMENT ADVISE: JESUS' TEACHINGS ON MARGIN OF SAFETY, Calvin Tan
Author: calvintaneng | Publish date: Sun, 14 Apr 2019, 8:59 AM

Posted by 129055444514385 > 2019-04-23 14:55 | Report Abuse

VT & bjcorp buy back a lot of bjcorp shares recently also.... more happenings are coming :)

Tuesday, 16 Apr 2019

6:19PM BJCORP DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)

6:18PM BJCORP VINCENT TAN CHEE YIOUN (200,000 units Acquired)

6:18PM BJCORP BERJAYA ASSETS BERHAD (200,000 units Acquired)

6:18PM BJCORP VINCENT TAN CHEE YIOUN (200,000 units Acquired)


Monday, 15 Apr 2019

5:52PM BJCORP DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)

5:51PM BJCORP BERJAYA ASSETS BERHAD (3,600,000 units Acquired)

5:51PM BJCORP VINCENT TAN CHEE YIOUN (3,600,000 units Acquired)

5:51PM BJCORP VINCENT TAN CHEE YIOUN (3,600,000 units Acquired)

Posted by 129055444514385 > 2019-04-23 14:59 | Report Abuse

something even bigger is coming :)

Monday, 28 Jan 2019

5:53PM BJLAND PENTA INVESTMENT ADVISERS LTD (45,415,369 units Acquired)


Wednesday, 23 Jan 2019

6:20PM BJLAND PENTA INVESTMENT ADVISERS LTD (101,584,632 units Acquired)

Posted by 129055444514385 > 2019-04-23 15:03 | Report Abuse

Bjland is in gambling sector according to wsj website.... wrong classification in malaysia, i guess haha

https://quotes.wsj.com/MY/BJLAND

Profile (BJLAND)



Berjaya Land Bhd. engages in gaming and lottery management, motor retailing, hotels and resorts, recreation development, vacation timeshare, and property investment and development. It operates through the following segments: Toto Betting and Related Activities, Motor...


Lot 13-01A, Level 13 East Wing
Kuala Lumpur Wilayah Perseketuan (Federal Territory) 55100
Malaysia
Website
Map



Employees
4,724

Sector
Gambling Industries


Sales or Revenue
6.36 B

Industry
Leisure/Arts/Hospitality


1Y Sales Change
-0.16%

Fiscal Year Ends
April 30 Download Reports


Kang Seng Pee
CEO & Non-Independent Executive Director


Ee Coln Wong
General Manager-Group Properties & Development


Shahul Hameed Syed Ali
Executive Director


Ling Tan Sheik
Executive Director

Posted by Good123 > 2019-04-23 15:14 | Report Abuse

volume had increased crazily recently :)

Date Close Volume
22/04/2019 0.22 9,454,800
19/04/2019 0.22 7,084,900
18/04/2019 0.215 9,987,500
17/04/2019 0.23 1,725,700
16/04/2019 0.235 3,835,500
15/04/2019 0.24 1,735,100
12/04/2019 0.245 11,327,800
11/04/2019 0.245 904,200
10/04/2019 0.245 395,200
09/04/2019 0.25 1,309,400
08/04/2019 0.255 1,036,100
05/04/2019 0.25 4,323,600
04/04/2019 0.255 1,389,600
03/04/2019 0.25 914,300
02/04/2019 0.255 982,500
01/04/2019 0.25 3,151,200
29/03/2019 0.25 2,696,700
28/03/2019 0.25 2,079,000
27/03/2019 0.25 5,280,400
26/03/2019 0.255 428,300

Posted by Sebastian Sted Power > 2019-04-23 15:21 | Report Abuse

more and more ppl want tear off that fox skin. Good good good!!

Posted by 129055444514385 > 2019-04-23 15:29 | Report Abuse

another disposal of shares by PEnta, 3%+ left will trigger mandatory offer to all shareholders.... public shareholdings is about 15% left :)

Shareholding Changes



Date of change

Shares

Director/
Substantial Shareholder

05 Mar 2019 Disposed
230,000,000 PENTA INVESTMENT ADVISERS LTD
05 Mar 2019 Acquired
230,000,000 TAN SRI DATO’ SERI VINCENT TAN CHEE YIOUN
05 Mar 2019 Acquired
230,000,000 BERJAYA CORPORATION BERHAD
05 Mar 2019 Acquired
230,000,000 BERJAYA GROUP BERHAD
05 Mar 2019 Acquired
230,000,000 JUARA SEJATI SDN BHD
23 Jan 2019 Acquired
45,415,369 PENTA INVESTMENT ADVISERS LTD
18 Jan 2019 Acquired
101,584,632 PENTA INVESTMENT ADVISERS LTD
28 Aug 2018 Acquired
2,000,000 TAN SRI DATO’ SERI VINCENT TAN CHEE YIOUN
21 Aug 2018 Acquired
2,000,000 TAN SRI DATO’ SERI VINCENT TAN CHEE YIOUN
20 Aug 2018 Acquired
10,000,000 TAN SRI DATO’ SERI VINCENT TAN CHEE YIOUN

Posted by 129055444514385 > 2019-04-23 15:38 | Report Abuse

Bjtoto Market Cap: RM3.445 Billion...... Bjland holds 40.23%.............=RM1.385billion... I think, liquidate bjland is more profitable for shareholders or distribute bjtoto shares back to all shareholders, each bjland share gets about 70sen worth of bjtoto shares hahaha

Posted by 129055444514385 > 2019-04-23 15:38 | Report Abuse

no wonder, wsj classified bjland stock as gambling industry

Posted by 129055444514385 > 2019-04-23 15:43 | Report Abuse

Bjland will rebound for FYE2019 :)

FInanCIaL PerFOrManCe

B-Land’s financial performance highlights Fye 2018
RM6.36 BILLION (FYE 2017 - RM6.37 BILLION)
(4.3%) (FYE 2017 - 6.7%)
LOSS OF RM118.19 MILLION (FYE 2017 - PROFIT OF RM411.22 MILLION)
RM0.86 (FYE 2017 - RM0.91)
reTUrn On eqUITy
(LOSS)/PrOFIT aFTer TaX
neT aSSeTS Per Share

Posted by 129055444514385 > 2019-04-23 15:48 | Report Abuse

Bjland owns the following listed companies:

Informatics Education Ltd Singapore - 27.09%;
Berjaya Assets Bhd - 8.59%;
Berjaya Sports Toto Bhd -40.23%; and
Berjaya Philippines Inc. - 88.26%..


Very true, really undervalued :)

Posted by leek > 2019-04-23 15:48 | Report Abuse

SELLER GONE!!! LIMIT UPPPP!!! =D

Posted by 129055444514385 > 2019-04-23 15:49 | Report Abuse

Gambling group tapi ada buat education di singapore.... hahaha malaysia boleh


Bjland owns the following listed companies:

Informatics Education Ltd Singapore - 27.09%;
Berjaya Assets Bhd - 8.59%;
Berjaya Sports Toto Bhd -40.23%; and
Berjaya Philippines Inc. - 88.26%..


Very true, really undervalued :)

Posted by 129055444514385 > 2019-04-23 15:51 | Report Abuse

I will urge the top mgmt to distribute these shares back to shareholders especially the education stocks in singapore.... semua judi ada kaitan dengan judi kecuali di singapore


Bjland owns the following listed companies:

Informatics Education Ltd Singapore - 27.09%;
Berjaya Assets Bhd - 8.59%;
Berjaya Sports Toto Bhd -40.23%; and
Berjaya Philippines Inc. - 88.26%..

Posted by 129055444514385 > 2019-04-23 15:55 | Report Abuse

Bjland should distribute the shares back to shareholders haha


BCOR:PMPhilippines
Berjaya Philippines IncCOMPANY INFO
2.35PHP-0.02-0.84%
OPEN
2.33
PREV CLOSE
2.37
VOLUME
103,000
MARKET CAP
10.202B
DAY RANGE
2.31-2.36
52 WEEK RANGE
1.36-12.82

Bjland owns Berjaya Philippines Inc. - 88.26%..

Posted by leek > 2019-04-23 15:55 | Report Abuse

SELLER IS BACK... WTF

Posted by 129055444514385 > 2019-04-23 16:02 | Report Abuse

Bjland owns Berjaya Philippines Inc. - 88.26%.. market cap =P10.20billion x 88.26%=P9billion= about RM720million hahaha each bjland get about 15sen worth of berjaya phils inc share if distributed back to shareholders haha

Posted by 129055444514385 > 2019-04-23 16:04 | Report Abuse

No wonder , target price for bjland is 77sen haha

Market Cap: 1,081 Million
NOSH: 4,912 Million
Avg Volume (4 weeks): 3,502,090
4 Weeks Range: 0.215 - 0.26
4 Weeks Price Volatility (%):
11.11%
52 Weeks Range: 0.18 - 0.365
52 Weeks Price Volatility (%):
21.62%
Average Price Target: 0.77
Price Target Upside/Downside: +0.55

Posted by 129055444514385 > 2019-04-23 16:05 | Report Abuse

no wonder VT came out from retirement..... talking about privatizing bjland........... really a good move.... good4bjcorp

Posted by 129055444514385 > 2019-04-23 16:06 | Report Abuse

if using share swap to privatize bjland, net assets per share of bjcorp will increase a lot too ... win2...

Posted by Sebastian Sted Power > 2019-04-23 16:19 | Report Abuse

129055444514385 is right. No need so leceh. Swap to Bjtoto can liao

Posted by Eddysurge > 2019-04-23 16:24 | Report Abuse

Nowadays, market price already squeezed to one direction, bid higher 0.5 cents higher toward lower price. As minority or small investors, you dares no or idiontly trust the value of the share. Most like gaming, especially VT counter.

Posted by 129055444514385 > 2019-04-23 16:27 | Report Abuse

friendly parties would rush in to sapu, fingers crossed

Posted by kahhoeng > 2019-04-23 17:01 | Report Abuse

whether BJCorp can privatize BJLand with 0.38:0.30 exchange ratio is one thing. It's another thing if the offer is made ONLY to certain party but not others when the shareholding spread is so low!

Posted by mach10 > 2019-04-23 19:13 | Report Abuse

some major shareholder dumped millions of shares weeks after weeks.the stock will stay low for some time.

Posted by Sebastian Sted Power > 2019-04-24 08:42 | Report Abuse

I hope what happen to HLcap will hit misai Tan also. Give him a lesson

Posted by leek > 2019-04-24 09:24 | Report Abuse

LIMIT UP!!! =)

Posted by hng33 > 2019-04-24 10:08 | Report Abuse

sold back bjland at 23sen, locked profit frist

Posted by stncws > 2019-04-24 10:21 | Report Abuse

HE PRIVATISE EVERYTHING BJCORP BJLAND 7-11

Posted by Beza > 2019-04-24 10:38 | Report Abuse

https://klse.i3investor.com/blogs/KYY/203661.jsp

Posted by setia2u > 2019-04-24 11:48 | Report Abuse

This is one of the rare opportunity to make money from TSVT's counter, NTA 82.0 sen, the GO price shall not be too far away from it. AND, it should be higher than 38.0 sen offer to PENTA too as PENTA is acting as collecting agent.

Posted by Eddysurge > 2019-04-24 13:02 | Report Abuse

If really only 2% needs to buy back from open market, do you think how the operator should offer the stakeholders? I doubt the current way.

Posted by Richard Lee > 2019-04-24 13:52 | Report Abuse

quick cabut that old fox skin

Posted by setia2u > 2019-04-24 14:43 | Report Abuse

In order to collect it cheap, the operator pushed the price down from 28.0 to 21.5 just days ago, now it is on the way up to certain level, maybe 28.0 again, before announcing the GO.

Posted by TheContrarian > 2019-04-24 15:03 | Report Abuse

Bought from hng33 at 23 sen this morning.

Posted by setia2u > 2019-04-24 15:11 | Report Abuse

Average up at 24.0 sen

Posted by minher > 2019-04-24 15:28 | Report Abuse

Vincent Tan going to delist BJLAND at 50sen pending announcement. Fast fast sapu as much as u can now.

Posted by minher > 2019-04-24 15:31 | Report Abuse

The deal will announce within 1 week time. Sapu gao gao now for 100% gain.

Posted by Eddysurge > 2019-04-24 15:46 | Report Abuse

No right, now should be 28cents straight
... this is a trap.

Posted by Richard Lee > 2019-04-24 15:53 | Report Abuse

@TheContrarian , hng3 only use mouth to buy and sell. he only want entertain us. dont be so serious