Posted by Bettyem > 2019-05-31 16:30 | Report Abuse

Somebody's buying Big 2day... Jackpot soon?

Posted by skyu > 2019-05-31 20:53 | Report Abuse

can someone familiar with mgo to explain what is the actual percentage of shares needed to be held in order to announce mgo ?

Posted by Angielim9955 > 2019-06-01 16:54 | Report Abuse

If they want private then us turn to no mercy to them .
Ask them pay 90sen .
Since the boss like to con people
We cannot mercy to him want our share at 18 or 15sen or even 10sen he also feel expensive.

Maybe now the Boss is thinking Keep kicking loyal investors out of bjland in order to private at below 10sen ?

Posted by Leong1982 > 2019-06-01 21:02 | Report Abuse

Revenue recognition from asset disposal in Vietnam will be the near term price catalyst.

Moreover, Four Seasons Kyoto will be divested soon...

So, why should you sell to the rich guy? He should offer a higher price instead!!

Posted by kahhoeng > 2019-06-01 22:18 | Report Abuse

Money from Vietnam hotel spent on Iceland, bjtoto and japan.... Kyoto four season, who knows whether there's a disposal at all...

Posted by hollandking > 2019-06-01 22:24 | Report Abuse

he can privatized cheap cheap

Posted by kai1 > 2019-06-01 22:51 | Report Abuse

the nta 0.82 cant trust at all. what intangible is that 4billion?

Posted by kai1 > 2019-06-01 22:51 | Report Abuse

but I must admit this counter is really undervalued now.

Posted by TheContrarian > 2019-06-01 23:21 | Report Abuse

I think the RM4 billion intangible is the excess of the cost of investment in BJToto shares over BJToto's NTA. Not certain because I haven't examined the accounts. Can someone clarify?

Posted by kahhoeng > 2019-06-02 09:41 | Report Abuse

Yes, contrarian, out of the total, 3.9 billion refers to the gaming right.

Posted by shortinvestor77 > 2019-06-02 12:16 | Report Abuse

Tomorrow as market is not good now, price will go down further. It's time to collect more and more for strong faith investors.

Posted by kahhoeng > 2019-06-02 17:34 | Report Abuse

My view on BJLand's net asset value.

1. BJLand's net asset per share is 0.82, based on most recent quarter report. This 0.82 has included all intangible value, including that of gaming rights. This basically means that BJLand's tangible book value is ONLY 0.02 per share based on what's reported. Though, it should not be alarming, given that many assets under BJLand were not revalued for years.

2. To get an idea of BJLand's true value, a sum of part valuation could be easier. BJLand has a net debt of 1.6 billion excluding BJToto's. The recent Vietnam hotel disposal will bring in 500+ million cash that should reduce BJLand's net debt to less than 1.4 billion (some money has been spent to buy Iceland property and kick start Okinawa Four Season.) BJland's BJtoto is worth roughly 1.4 billion, basically means BJLand will be debt free after disposing BJtoto. Meanwhile, BJLand, together with BJCorp, is in the process (or is it a lie?) of disposing Kyoto Four Season worth at least 3.2 billion (800 million USD) and BJLand stands to collect 1.6 billion, or RM 0.32 per share. Besides that, BJLand is awaiting court ruling on Jeju Island, China Great Wall, and Sungai Besi compensation. Based on what's reported, BJLand is looking to collect at least another 1.6 billion. Assuming 50% discount to reflect VT's credibility, its another RM 0.16 per share. Besides all these, BJLand still hold on to hotels and lands to be developed (including those currently held as clubs.) My guess that's should be another 1.6 billion, or RM 0.32 per share. So, probably BJLand's net asset per share of 0.82 is a reflection of its net tangible asset as well.

Posted by markmark > 2019-06-03 09:39 | Report Abuse

Tq Kahhoeng analysis. I hope that you will post more in future so that we can learn from you.

Posted by markmark > 2019-06-03 09:58 | Report Abuse

Buy bjland whenever drop 1 sen.

Posted by Beza > 2019-06-03 11:03 | Report Abuse

The sellers don't seen to sell aggressively anymore to 0.195 , 0.19. Whatmore down to 0.185, 0.18.

Posted by Bettyem > 2019-06-03 11:13 | Report Abuse

Looks like Berjaya Kyoto Four Seasons property sales is coming soon? "ACQUISITION OF 100% STAKE IN OPPORTUNITY 24 TMK IN JAPAN"

A TMK or Special Purpose Company can only be used in Japan for Sale of Assets and Tax Exemptions on sale of assets.

https://en.m.wikipedia.org/wiki/Special_purpose_company_(Japan)
https://www.klsescreener.com/v2/announcements/view/29062866

Posted by Bettyem > 2019-06-03 11:21 | Report Abuse

A special purpose company (特定目的会社 tokutei mokuteki kaisha, abbreviated SPC or TMK) is a type of corporation which can be formed under Japanese law. SPCs were enacted by the Diet of Japan in Law No. 105 of 1998.

The main features of an SPC are:

An SPC can only be used for the fluidization (i.e. securitization) of assets (資産の流動化 shisan no ryūdōka). It cannot manage or dispose of assets, although it can commission these activities to a third party manager.
If certain conditions are met, an SPC can write off the assets it distributes as losses for tax purposes, thus exempting those distributions from corporate taxation.
SPCs are the only corporate entity which can make tax-free distributions under Japanese tax law as of 2006, and are an attractive alternative to general partnerships, tokumei kumiai, trusts or other tax-free alternatives in a number of investment transactions.

Posted by kahhoeng > 2019-06-03 12:51 | Report Abuse

Money losing investor, nothing to offer, sigh!

Posted by hng33 > 2019-06-03 16:19 | Report Abuse

Add bjland at 19.5sen

Posted by markmark > 2019-06-03 16:47 | Report Abuse

Queue at 19 sen.

Posted by DickyMe2 > 2019-06-03 19:55 |

Post removed.Why?

Posted by Beza > 2019-06-04 09:14 | Report Abuse

Sure make money. Delisting soon.

Posted by markmark > 2019-06-04 10:00 | Report Abuse

No way bankrupt. Assets more than liabilities.

Posted by kasinathan > 2019-06-04 10:21 | Report Abuse

Big announcement on next week.... Hopefully.... Big duit raya.... Tunggu!!!

Posted by ttboo > 2019-06-04 11:53 | Report Abuse

where u heard got big announcement? Dont simply say

Posted by nickleeson > 2019-06-05 00:50 | Report Abuse

ya heard got something coming

Posted by nash2233 > 2019-06-05 01:02 | Report Abuse

bursa is not a good place for dreamers. if VT is serious about privatization, he already did it a long time ago.

Posted by Bettyem > 2019-06-05 10:49 | Report Abuse

Chill it! Don't have 2 work so hard on Ur rest days...Selamat Hari Raya Aidil Fitri...

Posted by ivan9511 > 2019-06-05 14:18 | Report Abuse

more and more people high notice on bjland
now Vt should be cannot sleep
because he cannot count how big he want to pay back your guys after so many yeras masuk pocket
even he now offer 80sen for Bjland will you guys let him private this Goldland bjland
or you guys need 90sen or 99sen ?
Vt please give a Offer price at least 88sen
88 is a good number

Posted by IamBalina > 2019-06-05 15:59 | Report Abuse

@nickleeson if no news next week how? U potong?

Posted by samyew1234 > 2019-06-05 18:58 | Report Abuse

so many jokers here

Posted by shortinvestor77 > 2019-06-06 12:47 | Report Abuse

88 cents is good enough, ivan. Wouldn't ask for more.

Posted by shortinvestor77 > 2019-06-06 12:48 | Report Abuse

Non-jokers must leave this counter, samyew!

Posted by nickleeson > 2019-06-06 13:29 | Report Abuse

I potong samyew4321 one

Posted by nickleeson > 2019-06-06 13:29 | Report Abuse

Ivan, 40.5 cents is good enough

Posted by secret1q > 2019-06-06 16:42 | Report Abuse

no body look at bjfood? gonna reach 2.00 soon

Posted by markmark > 2019-06-07 09:41 | Report Abuse

5 months ago VT told the story to private bjland. How long we have to wait ?

Posted by shortinvestor77 > 2019-06-07 09:46 | Report Abuse

5 more months.

Posted by Kenn Ong > 2019-06-07 10:55 | Report Abuse

When e quarter report out?

Posted by kahhoeng > 2019-06-07 11:02 | Report Abuse

if there's a privatization, we as shareholders should insist on an option of 0.38/0.30 share exchange into BJCorp as was offered to Penta...

Posted by Bettyem > 2019-06-07 12:02 | Report Abuse

Right way 2Go!... it's better 2 Win-win rather than Lose-lose?

Posted by kasinathan > 2019-06-07 13:04 | Report Abuse

Suspension soon

Posted by Airline Bobby > 2019-06-07 13:55 | Report Abuse

No patience then don't wait lo. Cut loss and fin something else lo. U make noise also VT won't bother u lo

Posted by skyu > 2019-06-07 14:59 | Report Abuse

u guys never learned from lesson ? whatever said by Vincent tan is a myth. 5 months ago what Vincent tan is , maybe next 10 years he will privatise bjland. come on, if he really have the intention to privatise, you think he will say out loud and let u buy and buy back from u at higher price ?

Posted by kasinathan > 2019-06-07 15:09 | Report Abuse

hopefully, the fragile speculators got axe by this cunning fox.

Posted by kasinathan > 2019-06-07 15:12 | Report Abuse

Be humbled. VT is not going to be an easy paymaster. He like to swim in red ocean... Weak player better sell now before going down to 10 cents... Coming.

Posted by leek > 2019-06-07 16:46 | Report Abuse

MEGA DIVIDEND IS COMING! =D

Posted by Leong1982 > 2019-06-07 16:52 | Report Abuse

Forming a group of retail investors to make our voice stronger... It's obvious that someone is manipulating the share price

Posted by secret1q > 2019-06-08 14:39 | Report Abuse

Is Qtr report this month or need wait until August?

Posted by Lim Ha > 2019-06-08 14:50 | Report Abuse

Leong1982 i agree with u ,v should form a group of retail investor, so that our voice can reach to d management n also the whole world .if the deal is fair v can accept, if not v make it politically serious.ph will be in critical position.