Posted by kasinathan > 2019-06-11 16:13 | Report Abuse

I think VT is the one via his nominee block at 20 cents... He already got more than 90% via others...

Posted by kasinathan > 2019-06-11 16:14 | Report Abuse

He is damn stingy. pui.

Posted by kasinathan > 2019-06-11 16:16 | Report Abuse

Who buy at current price and keep it like fix deposit sure make it. VT can't delays it anymore. He will be missing the bigger if he can't turn on within this year.

Posted by stahl2017 > 2019-06-11 16:25 | Report Abuse

it takes 10 yrs for BJLAND to fall from RM2 to 0.20. Is the long wait come to the end?

Posted by Leong1982 > 2019-06-11 16:41 | Report Abuse

Conman counter... From RM2 to RM0.20, luckily my cost is just around RM0.20

Posted by Bettyem > 2019-06-11 16:42 | Report Abuse

Will History Repeats Itself? Here's a collection of research compiled by others..

https://klse.i3investor.com/m/blog/laulauramblings/147946.jsp

Posted by kahhoeng > 2019-06-11 17:34 | Report Abuse

Just repeat with another all time low, well, pretty close at 0.20...


Will History Repeats Itself? Here's a collection of research compiled by others..

https://klse.i3investor.com/m/blog/laulauramblings/147946.jsp

11/06/2019 4:42 PM

Posted by kasinathan > 2019-06-11 17:49 | Report Abuse

Laulau. Good research. VT must be reasonable to the minority shareholders.

Posted by kelvin17 > 2019-06-11 20:18 | Report Abuse

laulau ya you have done a good job , we like to hear your latest update and finding on BJL . Appreciate your sharing

Posted by birkincollector > 2019-06-11 21:01 | Report Abuse

no harm buying some to keep if u have extra money that u dont need in a year....

Posted by 129055444514385 > 2019-06-11 22:44 | Report Abuse

many retail investors mati on this stock... chased it till around 30sen recently due to the swap share performed for penta between bjcorp and bjland shares :) VT is a cunning old fox

Posted by Sebastian Sted Power > 2019-06-11 23:16 | Report Abuse

don't like that say old cunning fox. He want enter TOP5 richest man forbes list in malaysia again

Posted by Bettyem > 2019-06-11 23:20 | Report Abuse

No harm done to buy some and treat as FD since the upside is much higher than the downside as already all time low...further time is not on VT's side to wait any longer to reap the returns otherwise why give notice to transact knowing that it will breach Bursa's free float requirements, if VT just buy a little bit more? or can't wait because money is coming home soon from JeJu Korea compensation or GMOC, China Arbitration?

Posted by Richard Lee > 2019-06-12 07:55 | Report Abuse

Once a fox, forever a fox. I only wait someone peel off the fox's skin

Posted by Investor 8 > 2019-06-12 08:21 | Report Abuse

With reference to Berjaya Land Berhad’s (“BLand”) announcement made on 20 December 2018, the Board of Directors of BLand now wishes to announce that following the completion of the acquisition of 230 million ordinary shares representing 4.61% equity interest in BLand by Juara Sejati Sdn Bhd, a subsidiary of Berjaya Corporation Berhad on 5 March 2019, the public shareholding spread (“Public Spread”) of BLand was reduced accordingly from 19.67% as earlier announced to 15.06%.



In addition, the Board of Directors of BLand wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) has approved BLand’s application for acceptance of a lower Public Spread of 15% in compliance with Paragraph 8.02(1) of the Main Market Listing Requirements of Bursa Securities (“Approved Public Spread”).

Balance 0.06% to break approved public shareholding spread.

Posted by Good123 > 2019-06-12 09:04 | Report Abuse

on the way to privatization

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : INTENTION TO DEAL DURING CLOSED PERIOD

BERJAYA LAND BERHAD
TypeAnnouncementSubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
INTENTION TO DEAL DURING CLOSED PERIODDescriptionIntention to deal during closed period

Berjaya Land Berhad ("BLand") has received a notification dated 24 May 2019 from Tan Sri Dato' Seri Vincent Tan Chee Yioun, a Director of Sports Toto Malaysia Sdn Bhd, a major subsidiary of BLand, that he intends to deal in the securities of BLand during the closed period. His interest in the securities of BLand as at 24 May 2019 is set out in the table below:
 
 
         No. of Ordinary Shares
               %
Direct Interest
                    69,150,400
          1.386
Indirect Interest
               4,156,086,872
        83.298
Total
               4,225,237,272
        84.684
 
This Announcement is dated 24 May 2019.

Posted by Good123 > 2019-06-12 09:07 | Report Abuse

also, disposal for assets in japan is approaching. this company acquired is to be used as a disposal vehicle for assets in japan.

BERJAYA LAND BERHAD
ANNOUNCEMENT
ACQUISITION OF 100% STAKE IN OPPORTUNITY 24 TMK IN JAPAN
1. The Board of Directors of Berjaya Land Berhad (“BLand”) wishes to announce the
following:-
i) Berjaya Okinawa Investment (S) Pte. Ltd. (“BOIS”) has acquired 100% specified
equity interest comprising 113 specified equity units of Japanese Yen (“JPY”)
50,000 each in Opportunity 24 TMK (“Opportunity24 TMK”) from LIM Asia
Co-Investments Pte. Ltd. for a total cash consideration of JPY93.79 million (about
RM3.59 million); and
ii) Berjaya Okinawa Investment GK (“BOIGK”) has acquired 100% preferred equity
interest comprising 124 preferred equity units of JPY50,000 each in Opportunity24
TMK from LAC Holding GK for a total cash consideration of JPY6.20 million
(about RM0.24 million),
hereinafter collectively referred to as the “TMK Acquisition”.
BOIGK is a wholly-owned subsidiary of BOIS which in turn is wholly owned by BLand.
(The exchange rate is assumed at JPY100 = RM3.8294)
In addition, BOIGK has also acquired the membership interest with capital contribution
of JPY10,000 in LAC ML2 GK (“LAC GK”) from Ippan Shadan Hojin SH65 for a cash
consideration of JPY10,000 (about RM383.00) (“Membership Acquisition”). The
TMK Acquisition and the Membership Acquisition are collectively referred to as the
“Acquisitions”.
2. Opportunity24 TMK was incorporated in Japan on 19 March 2010 with an issued share
capital of JPY11.85 million comprising 113 specified equity units of JPY50,000 each
and 124 preferred equity units of JPY50,000 each. The principal activities of
Opportunity24 TMK are acquisition, management and disposition of asset.
LAC GK was incorporated in Japan on 24 February 2015. The current outstanding equity
of LAC GK is JPY1.01 million of which Opportunity24 TMK and LAC Holding GK
have contributed JPY1.00 million (without the business execution right) plus JPY10,000
(with 100% business execution right) respectively. The principal activities of LAC GK
are sale and purchase, leasing and management of real estate.
3. The cash considerations of the TMK Acquisition were arrived at after taking into
consideration the tax benefits status of Opportunity24 TMK whilst the cash consideration
of the Membership Acquisition was based on LAC Holding GK’s cost of investment in
LAC GK

4. The Opportunity24 TMK securities and LAC GK membership interest were acquired
free from all encumbrances, charges, pledges and liens whatsoever together with all
rights attaching thereto.
5. The Acquisitions were funded from internally generated funds of the BLand Group.
Following the Acquisitions, both Opportunity24 TMK and LAC GK are now 100%-
owned subsidiaries of BLand.
6. The Acquisitions are not subject to the approvals of the shareholders of BLand or any
authority in Malaysia, Singapore or Japan.
7. The Acquisitions have no effect on the issued share capital and substantial shareholders’
shareholdings of BLand. The Acquisitions also have no material effect on the net assets,
earnings and gearing of the BLand Group for the current financial year ending 30 June
2019.
8. None of the Directors and major shareholders of BLand or persons connected to them
has any interest, direct or indirect, in the Acquisitions.
9. This Announcement is made pursuant to Paragraph 9.19(23) of Bursa Malaysia
Securities Berhad’s Main Market Listing Requirements as both Opportunity24 TMK and
LAC GK have become 100%-owned subsidiaries of BLand pursuant to the Acquisitions.
This Announcement is dated 31 May 2019.

Posted by Good123 > 2019-06-12 09:10 | Report Abuse

new financial year ended 30 June 2019, to be released by 31 Aug, 2 months from now only... perhaps, privatization before 31 Aug to avoid showing huge profit and privatization at higher value , my guess :)

Posted by 129055444514385 > 2019-06-12 09:15 | Report Abuse

super cheap valuation, less than 25% OF NET ASSETS PER SHARE OF 82SEN WITH SHAREHOLDINGS IN BJTOTO, 7ELEVEN, 5-STAR HOTEL IN JAPAN, ETC


BJLAND Financial Information



Market Capital (RM)

: 1.000b

Number of Share

: 5.000b



NTA (RM)

: 0.820

Par Value (RM)

: 0.500


* Calculated based on the net profit of the trailing twelve months and latest number of shares issued.

Posted by 129055444514385 > 2019-06-12 09:20 | Report Abuse

BJLAND HOLDS SHARES IN BJTOTO, 7-ELEVEN, 5-STAR HOTEL IN JAPAN, ETC WHICH ARE LESS SENSITIVE TO RECESSION.... CPO PRICE WAS BELOW rm2000 AGAIN, HOUSEHOLD DEBT OF MALAYSIA WAS HISTORICAL HIGH NOW, PEOPLE ARE TALKING ABOUT BANKS MAKING LOSSES SOON... BJLAND IS PRETTY STEADY BASED ON ITS NATURE OF BIZ IN FEW INDUSTRIES... aLSO COMPENSATION FROM JEJU KOREA, SALE OF JAPANESE ASSETS, ETC. BETTER RESULTS FROM BJTOTO, 7-ELEVEN, ETC... EXPECTING DIVIDEND PAYOUT THIS YEAR IF PRIVATISATION IS DELAYED A BIT

Posted by 129055444514385 > 2019-06-12 09:23 | Report Abuse

FRANKLY SPEAKING, BETTER FOCUS ON INVESTING IN COMPANIES IN RECESSION PROOF BIZ AND GOT BIZ ABROAD LIKE BJLAND... BJTOTO, 7-ELEVEN, HOTELS ABROAD, ETC IN THIS CHALLENGING TIME.... BETTER GROWTH OPPORTUNITY WITH BIZ OVERSEAS INSTEAD OF ALL BIZ IS LOCAL-ORIENTED :)

Posted by 129055444514385 > 2019-06-12 09:24 | Report Abuse

25 TO 30 SEN EASILY AFTER THE FULL YEAR FINANCIAL RESULTS HAS BEEN RELEASED BY 31 AUG 2019

Posted by 129055444514385 > 2019-06-12 09:26 | Report Abuse

bjland was above 30Sen in may 2018 before the GE14 result was announced... it will rebound back to at least 30sen+ or higher... if privatisation occurs, much higher than 30sen +

Posted by 129055444514385 > 2019-06-12 09:27 | Report Abuse

dont miss the boat as the old fox VT had also announced he is going to trade during this closed period ...

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : INTENTION TO DEAL DURING CLOSED PERIOD

BERJAYA LAND BERHAD
TypeAnnouncementSubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
INTENTION TO DEAL DURING CLOSED PERIODDescriptionIntention to deal during closed period

Berjaya Land Berhad ("BLand") has received a notification dated 24 May 2019 from Tan Sri Dato' Seri Vincent Tan Chee Yioun, a Director of Sports Toto Malaysia Sdn Bhd, a major subsidiary of BLand, that he intends to deal in the securities of BLand during the closed period. His interest in the securities of BLand as at 24 May 2019 is set out in the table below:


No. of Ordinary Shares
%
Direct Interest
69,150,400
1.386
Indirect Interest
4,156,086,872
83.298
Total
4,225,237,272
84.684

This Announcement is dated 24 May 2019.

Posted by 129055444514385 > 2019-06-12 09:30 | Report Abuse

bjland is going to be like pj dev hldgs bhd which was acquired by OSK. for bjland, it is going to be bjcorp acquiring bjland... fingers crossed

Posted by 129055444514385 > 2019-06-12 09:31 | Report Abuse

i think the stock that patient investors will make a lot. the key is patience.

Posted by 129055444514385 > 2019-06-12 09:33 | Report Abuse

bjland is the jewel that holds the controlling stake in bjtoto... which is a cash cow... bjcorp would surely take action.... less 25% of net assets per share. during tough time, how to maximise shareholders' value, doing some M&As to unlock value, etc. :)

Posted by 129055444514385 > 2019-06-12 09:38 | Report Abuse

52 weeks range, worst scenario, fall back to 18sen, only 10% from current price, best scenario, back to 32sen or higher, at 60% return based on current price. for short term traders, they could cut loss at 19sen (fall by 5% from current price) if timid.. haha

52 Weeks Range: 0.18 - 0.32
52 Weeks Price Volatility (%):
14.29%
Average Price Target: 0.77
Price Target Upside/Downside: +0.57

Posted by 129055444514385 > 2019-06-12 09:39 | Report Abuse

expecting a profitable financial year ended 30.june 2019.... disposal of vietnamese assets, better bjtoto results, etc....

Posted by 129055444514385 > 2019-06-12 09:43 | Report Abuse

CHAIRMAN’S STATEMENT


FUTUre OUTLOOK
The Malaysian economy registered a slower growth of 5.4% in the first quarter of 2018 from 5.9% in the preceding quarter as private investment decelerates while public spending continues to decline. Nevertheless, the outlook for the full year remains favourable, supported by healthy domestic demand, improving global growth and trade activities. Alongside this positive outlook, the current political and policy uncertainties surrounding global trade and growth are the main downside risk to the nation’s growth prospects.
It is expected that the imposition of zero-rated Goods and Services Tax (“GST”) effective 1 June 2018 and the three-month tax holiday before the introduction of the Sales and Services Tax
in September 2018 will increase discretionary income and boost consumer spending leading to a significant multiplier effect within the domestic economy. Against this scenario, the Company expects the hotels and resorts business segment to benefit from the positive trends within the tourism industry and make good financial progress. The hotels and resorts business segment will continue to develop its marketing strategies to further expand its market reach and enhance guests’ experiences with greater levels of hospitality.
The overall local property market condition is expected to remain lukewarm. The property development business segment will continue to focus on selling the remaining units from its development projects. The division anticipates that the demand for its affordable housing projects and other residential projects will remain strong especially developments at strategically located areas in Bukit Jalil, Kuala Lumpur.
Despite stiff competition arising from the growing number of complexes at various locations within the Klang Valley, the Group’s complexes in the Golden Triangle are expected to remain resilient driven by its strategic locations.
The Number Forecast Operators (“NFO”) business under BToto is expected to remain lacklustre with continued rampant illegal gaming activities. Nonetheless, it is expected that Sports Toto would maintain its market share in the NFO sector.
Looking into the immediate future, the challenges currently faced by the Company are likely to continue. To weather the market uncertainty, the Group will continue to remain diligent and exercise a prudent approach across its business operations. Nevertheless, the Group expects to record a significant gain on aggregrate upon the successful disposal of certain projects in Vietnam in the year ahead.

Posted by 129055444514385 > 2019-06-12 09:44 | Report Abuse

PerFOrManCe reVIeW By BUSIneSS SeGMenTS
GaMInG
The toto betting and related activities business segment of B-Land Group is operated via Berjaya Sports Toto Berhad (“BToto”). BToto is principally engaged in the operations of Toto betting, leasing of online lottery equipment, and the manufacture and distribution of computerised lottery and voting systems. BToto’s other business segments include the operation of a hotel in the Philippines and luxury motor retailing in the United Kingdom.
BToto has four main operating subsidiary companies namely Sports Toto Malaysia Sdn Bhd (“Sports Toto”), Berjaya Philippines Inc., International Lottery & Totalizator Systems, Inc., USA (“ILTS”) and H.R. Owen Plc, United Kingdom (“H.R. Owen”).
For the financial year under review, BToto reported a decline in revenue of 1.2% to RM5.66 billion compared to RM5.73 billion in the previous financial year mainly due to the higher revenue contribution arising from the higher project contract sales reported by ILTS in the previous financial year. Pre-tax profit increased marginally by 0.3% to RM377.23 million mainly attributed to the improved results reported by Sports Toto and H.R. Owen but was offset by impairment in value for certain available-for-sale investments and goodwill for the leasing of lottery equipment business in the Philippines as well as the lower results reported by Philippine Gaming Management Corporation (“PGMC”).
MaLaySIa
Sports Toto Malaysia Sdn Bhd (“Sports Toto”), the principal operating subsidiary of BToto, has approximately 680 outlets operating throughout the country, offering 7 games namely Toto 4D, Toto 4D Jackpot, Toto 5D, Toto 6D, Star Toto 6/50, Power Toto 6/55 and Supreme Toto 6/58 which are drawn three days a week. Grand Toto 6/63 was replaced by Star Toto 6/50 during the financial year under review.
revenue
For the financial year ended 30 April 2018, Sports Toto recorded revenue of RM3.12 billion which is on par with the previous year’s revenue despite the current year having two draws less than the previous year. The company’s revenue for the financial year under review has been stated net of Gaming Tax as well as Goods and Services Tax (“GST”) on gaming supply.
Sports Toto continued to remain as the market leader among all the Number Forecast Operators (“NFO”) in the country in terms of total revenue for the financial year under review.
Profit Before Tax
Profit before tax increased by 9.2% to RM363.0 million compared to RM332.5 million in the previous financial year. The higher profit before tax was mainly due to a lower prize payout in the financial year under review. Consequently, this led to a higher profit before tax margin of 11.6% compared to 10.7% in the previous financial year.
Profit after Tax
Profit after tax increased by 9.9% to RM253.5 million compared to RM230.6 million in the previous financial year, in line with the increase in the profit before tax. The higher profit after tax margin of 8.1% compared to 7.4% in the previous financial year was due to lower prize payout in the financial year under review.
Prospects
Effective 1 June 2018, the Government zerorised the GST, while the Sales & Services Tax (“SST”) is re-introduced to replace GST from 1 September 2018. Sports Toto does not foresee this would have significant impact to its operation.
Sports Toto anticipates its business performance to be satisfactory and is confident that it will continue to maintain its market share in the NFO business for the financial year ending 30 April 2019.

Posted by 129055444514385 > 2019-06-12 09:45 | Report Abuse

The PhILIPPIneS
BToto operates in the Philippines through its subsidiary Berjaya Philippines Inc. (“BPI”) which is listed on the Philippine Stock Exchange. BPI’s major investments include wholly-owned subsidiary, Philippine Gaming Management Corporation (“PGMC”), 99.3% equity interest in H.R. Owen Plc (“H.R. Owen”) and wholly-owned subsidiary, Perdana Hotel Philippines Inc. (“PHPI”).
PGMC operates the business of leasing online lottery equipment and providing software support in the Luzon Region to the Philippine Charity Sweepstakes Office (“PCSO”), a Philippine government agency responsible for lotteries and sweepstakes. H.R. Owen, a luxury motor retailer, operates a number of vehicle dealerships in the prestige and specialist car market for both sales and aftersales, predominantly in London, UK. PHPI operates Berjaya Makati Hotel in Makati City, Metro Manila.
revenue
BPI group recorded an 8.2% increase in revenue to Peso30.8 billion from Peso28.5 billion in the previous financial year. The increase was primarily due to a higher revenue contribution from H.R. Owen in the financial year under review upon conversion to Philippine Peso.
PGMC recorded revenue of Peso1.64 billion, an increase of 2.5% from Peso1.6 billion in the previous financial year mainly due to an increase in lease rental income as a result of higher jackpots recorded in this financial year.
BPI’s other subsidiary, PHPI, which operates Berjaya Makati Hotel in Makati City, recorded revenue of Peso129.4 million compared to Peso144.2 million in the previous financial year. The 10.3% decrease in revenue was mainly due to a decrease in room occupancy level compared to the previous financial year. The hotel industry continued to experience a significant oversupply in guestrooms, thereby making it challenging to increase room rates significantly.
Profit Before Tax
BPI group recorded a profit before tax of Peso1.1 billion, an increase of Peso124.7 million or 12.7% from the previous financial year, mainly due to a higher revenue in the financial year under review.
PGMC’s profit before tax decreased by 4.9% to Peso755.2 million compared to Peso794.1 million in the previous financial year mainly due to the provision made for costs and expenses for an arbitration award issued by the Makati Regional Trial Court in favour of PCSO in the financial year under review. PGMC has filed a petition to appeal on the final award issued by the Court.
Excluding this one-off provision made for the costs and expenses for the arbitration award, PGMC would have registered an increase in profit before tax of 3.2%.
PHPI registered a loss before tax of Peso3.7 million compared to a profit before tax of Peso0.3 million in the previous financial year, mainly due to lower revenue from hotel rooms in the financial year under review.
Profit after Tax
BPI group’s profit after tax increased by 13.1% to Peso796.4 million compared to Peso704.1 million in the previous financial year. The effective tax rate for the financial year ended 30 April 2018 was slightly lower at 28.2% compared to 28.5% in the previous financial year.

Posted by 129055444514385 > 2019-06-12 09:46 | Report Abuse

Prospects
The Philippine economy is expected to moderate to 6.6 - 6.7% range in 2018-2019 from its current annual rate of 6.7% - 6.9% in 2017-2018. Investment growth hinges on the government’s ability to effectively and timely implement its ambitious public investment programmes.
PGMC will continue to work with PCSO to launch new games in the coming financial year to generate more revenue to support charity activities in the Philippines.
To ensure PHPI continues to be sustainable in the changing business environment, Berjaya Makati Hotel closely monitors markets across the globe and follows key industry and business metrics. It will optimise its menu by introducing new products that are popular and widely accepted by the customers. For instance, the menu for its Indian cuisine has expanded to include favourites such as Mutton Briyani, Chicken Tikka Masala and several others. It will also continue to ensure that food in the hotel’s daily operations is consistently of high quality.
The UnITed STaTeS OF aMerICa
In the United States, International Lottery & Totalizator Systems, Inc. (“ILTS”), a subsidiary of BToto, provides secure, innovative and dependable gaming and voting processing systems to public and private organizations throughout the world. Its subsidiary, Unisyn Voting Solutions, Inc. (“Unisyn”), develops and markets to election jurisdictions certified end-to-end OpenElect® digital optical scan election system and a full-featured Election Management Software that provides precinct tabulation, ballot review and audio voting capability.
revenue/Profit Before Tax
ILTS posted a lower revenue and profit before tax for the financial year ended 30 April 2018 compared to the previous financial year. This was mainly attributable to higher revenue recognition in the previous financial year due to higher contract sales recognised for deliverables completed last year with Berjaya Gia Thinh Investment Technology Joint Stock Company.
Prospects
ILTS will continue to explore new and emerging technologies based on the current industry developments with the intention of increasing its market share, staying competitive and exploring new markets where its core competencies can be applied. One of ILTS’s corporate strategies is to pursue growth through strategic alliances to gain access to new and tactically important geographies and business opportunities, and to capitalise on existing business relationships.
UnITed KInGdOM
In the United Kingdom, BPI’s subsidiary, H.R. Owen, is a luxury motor retailer which operates a number of vehicle dealerships in the prestige and specialist car market for both sales and aftersales, predominantly in London.
revenue
For the financial year under review, H.R. Owen recorded revenue of £423.2 million compared to £428.2 million in the previous financial year, a decrease of 1.2%, mainly due to lower sales of new car units for Bentley and Maserati marques arising from run-out of certain models and the Government’s negative view of diesel vehicles respectively, as well as lower used car units sold particularly in the Bentley franchise operations.
H.R. Owen sold a total of 1,185 new prestige cars in the financial year under review compared to 1,306 prestige cars sold in the previous financial year, a decrease of 9.3%. For pre-owned cars, the number of units sold decreased by 10.2% to 1,235 units compared to 1,375 units sold in the previous financial year.
Profit Before Tax
H.R. Owen’s profit before tax increased by 104.5% to £6.0 million compared to £2.9 million in the previous financial year mainly due to lower cost of sales reported for the financial year under review.
Prospects
Further improvement in trading is expected in the financial year ending 30 April 2019, driven by the arrival of new vehicle models in the Aston Martin, Bentley, Ferrari, Lamborghini and Rolls Royce franchise operations, as well as in the used car operations. Some modest improvement is expected for the aftersales operations.

Posted by 129055444514385 > 2019-06-12 09:46 | Report Abuse

hOTeLS and reSOrTS
The hotels and resorts business segment of Berjaya Land Group is operated via the Berjaya Hotels and Resorts Division (“BHR”). The Group owns and operates 13 hotels and resorts locally and internationally.
For the financial year under review, BHR’s total gross revenue increased to RM318.1 million from RM290.4 million in previous financial year while profit before tax increased to RM40.8 million from RM24.6 million in the previous financial year. The increase in total gross revenue was mainly due to the higher contribution from 4 properties, namely The Taaras Beach & Spa Resort, Berjaya Langkawi Resort, Berjaya Beau Vallon Bay Resort & Casino and ANSA Kuala Lumpur driven by higher room business and food & beverage operations. Whilst room occupancy grew by 3.7 percentage-points to 65.7% from 62% in the previous financial year, the marginal increase of 3.1% in Average Room Rate (“ARR”) resulted in a 9.5% increase in Revenue per Available Room (“RevPAR”) to RM218.
MaLaySIa hOTeLS & reSOrTS
The major Malaysian-based hotels and resorts are Berjaya Langkawi Resort, Berjaya Times Square Hotel, Kuala Lumpur, Berjaya Tioman Resort and The Taaras Beach & Spa Resort, Redang. These strategically located hotels and resorts have attracted tourist arrivals from various countries such as Singapore, Indonesia, Middle East, China, India, Europe and Australia.
revenue
The overall financial results for the financial year ended 30 April 2018 reflected an improvement in the operating performance across all of the Malaysian-based properties. The total gross revenue increased by 10.4% to RM239.2 million compared to RM216.6 million in the previous financial year. With the higher room night bookings from the Transient FIT, Leisure FIT and Leisure Group market segments, the combined occupancy level increased to 63.4% compared to 59.6% in the previous financial year, and the ARR improved marginally by 2.5%. As a result, the RevPAR recorded an increase of 9.5% to RM208 compared to RM190 in the previous financial year.
Profit before Tax
The Malaysian-based properties recorded an increase of 98% in profit before tax to RM36.54 million compared to RM18.45 million in the previous financial year due to higher total revenue and effective cost control measures. The profit before tax registered in the financial year under review included a net non-operating income of RM7.38 million arising from the disposal of a quoted investment.
Berjaya Langkawi resort, Langkawi
During the financial year under review, the resort’s occupancy level increased by 6.3 percentage-point to 73.5% compared to 67.2% in the previous financial year due to the higher room night bookings from the Transient FIT, Leisure FIT and Leisure Group market segments of India, United Kingdom, China, Australia and Europe. However, the ARR dropped marginally by 3.9% mitigated by the higher occupancy levels. As a result, the resort recorded an increase in total gross revenue of 6.6% to RM81.1 million from RM76.1 million in the previous financial year, while profit before tax increased by 19% to RM28.1 million compared to RM23.6 million in the previous financial year.
Berjaya Times Square hotel, Kuala Lumpur
During the financial year under review, the hotel’s banqueting business achieved better sales due to a rise in corporate events. The total food and beverage revenue increased by 7.0% to RM29.2 million from RM27.3 million in the previous financial year. The occupancy level remained at 63.0% but ARR increased marginally by 2.3% year-on-year. With the improvement in food and beverage and room business operations, the hotel reported a 4.5% increase in total gross revenue to RM76.5 million compared to RM73.2 million in the previous financial year, while profit before tax increased significantly to RM7.5 million compared to RM1.9 million in the previous financial year.
Club

Posted by 129055444514385 > 2019-06-12 09:47 | Report Abuse

Berjaya Tioman resort, Tioman
During this financial year under review, the resort recorded a higher total gross revenue of 11.7% to RM21.0 million compared to RM18.8 million in the previous financial year resulting from higher business levels in both rooms and food and beverage operations. The resort’s occupancy level increased by 4.0 percentage-points to 44.7% from 40.7% driven by the room night bookings from the leisure and individual travel markets of Singapore, China and Europe as well as Malaysia. In line with the growth in revenue and improvement in operational efficiency, the resort managed to reduce its pre-tax loss by 30.5% to RM4.1 million from RM5.9 million in the previous financial year.
The Taaras Beach & Spa resort, redang
During the financial year under review, the resort delivered a record performance with total revenue increased by 35.1% to RM26.9 million compared to RM19.9 million in the previous financial year. The improvement was driven by a 12.6 percentagepoints increase in room occupancy levels to 49.1% and the improved ARR which led to an increase in RevPAR of 42% to RM341. With the better revenue generated, the resort managed to reduce its pre-tax loss to RM0.6 million from RM2.1 million in the previous financial year. The growth in profitability was not in tandem with the growth in revenue mainly due to the higher expenditure incurred for repairing and replacement of certain resort facilities and equipment during the financial year under review.
anSa Kuala Lumpur
During the financial year under review, the hotel’s occupancy level increased by 6.0 percentage-points to 72.4% from 66.4% in the previous financial year supported by higher room night bookings from the Leisure FIT market segment. With the higher occupancy and growth in ARR by 8.8%, the hotel’s room revenue increased by 18.9% to RM11.3 million compared to RM9.5 million in the
previous financial year. In addition, positive performance was recorded in the non-room departments as well which resulted in a 34.1% increase in the total gross revenue to RM17.3 million while profit before tax increased to RM4.5 million during the financial year under review.
Berjaya Penang hotel
The hotel’s business was affected by lower room night bookings from the Commercial Group segment. The reduction was mitigated by the higher demand from the Leisure FIT and Group bookings resulting in an increase in hotel occupancy to 71.1% from 67.2% in the previous financial year while ARR increased marginally by 2.3%. With the higher occupancy level, the hotel achieved a 5.2% increase in total gross revenue to RM14.2 million compared to RM13.5 million in the previous financial year, while profit before tax increased to RM1.6 million compared to RM0.4 million in the previous financial year.

Posted by 129055444514385 > 2019-06-12 09:49 | Report Abuse

bjland has many hotels and resorts in malaysia and abroad, VT suggested to spin off via IPO in singapore last year.. it seems possible indeed

Posted by 129055444514385 > 2019-06-12 09:53 | Report Abuse

these properties can be revalued and dispose off too.... very strategic location in the city centres

PrOPerTy InVeSTMenT
The Property Investment Division (“PI Division”) owns 3 commercial properties comprising Plaza Berjaya, Kuala Lumpur; Kota Raya Complex, Kuala Lumpur and Berjaya Mega Mall in Kuantan, Pahang. Collectively, these properties achieved an average occupancy rate of 69% during the financial year under review compared to 81% in the previous financial year.
revenue
For the financial year under review, the PI Division registered a decline in revenue to RM24.7 million compared to RM29.1 million in the previous financial year primarily attributed to the lower occupancy rates.
Profit Before Tax and Profit after Tax
For the financial year under review, the PI Division reported a decline in profit before tax and profit after tax to RM10.0 million and RM7.7 million respectively, compared to a profit before tax and profit after tax of RM17.2 million and RM13.4 million respectively in the previous financial year due to the drop in occupancy rates. Nevertheless, operating cost for the year decreased marginally as a result of the reduction in service charge and sinking fund contribution.
Future Prospects
The Group’s complexes in Kuala Lumpur are expected to remain resilient despite stiff competition from the growing number of complexes in the Klang Valley. With its strategic locations within the city centre of Kuala Lumpur and easy accessibility, the Group’s complexes will continue to perform well. The Group’s complexes will continue to promote itself in an effort to strengthen its presence in the market place.

Posted by kasinathan > 2019-06-12 09:58 | Report Abuse

Final countdown begins before bjland get suspended for multiple proposal announcement.

9 days.....

Posted by Good123 > 2019-06-12 10:14 | Report Abuse

at 20sen now, market cap of bjland is only rm1bil .. 15% more shares to be privatized, rm150mil haha top up a bit about rm200mil... ok already haha

Posted by Good123 > 2019-06-12 10:25 | Report Abuse

privatization, spin off hotel via IPO or start paying dividend again, share price will rise crazily

Posted by Good123 > 2019-06-12 10:26 | Report Abuse

other factors that will trigger price increase are receiving money from jeju, Japanese hotel sold, etc

Posted by Good123 > 2019-06-12 10:27 | Report Abuse

this is the most interesting stock this year

Posted by StockProf > 2019-06-12 10:28 | Report Abuse

VT will press the share price down to 10sen, then come with offer at 20sen per share.

Posted by Good123 > 2019-06-12 10:29 | Report Abuse

I think wait till 31 Aug for full year results , can see something already. but I will keep till xmas haha

Posted by Good123 > 2019-06-12 10:46 | Report Abuse

vt is not as educated, clever and righteous as Francis yeoh of ytl. look at ytl land. its share price is almost twice the price of bjland haha

Posted by Good123 > 2019-06-12 10:54 | Report Abuse

good news pulak

KUALA LUMPUR: The ringgit rose against the US dollar on Wednesday morning as fears of a trade war between the US and Mexico simmered down, a dealer said.

At 9am, the ringgit was at 4.1600/1650 against the greenback from 4.1610/1650 at Tuesday's close.

OANDA senior market analyst, Alfonso Esparza said the dollar traded higher after Washington brokered a deal on migration with its North American neighbour which avoided painful tariffs on Mexican goods.

With the de-escalation of tension with Mexico, the US can now focus on the US-China trade dispute.

"The negotiations between the two super-powers don’t have a set date, and with the G20 in Japan fast approaching, the chance there is a positive announcement is uncertain," he said.

At the opening, the ringgit, however, traded lower against a basket of major currencies.

It depreciated against the Singapore dollar to 3.0503/0551 from 3.0484/0522 at last Tuesday's close, lower versus the yen to 3.8334/8391 from 3.8283/8324 and weakened against the euro to 4.7133/7194 from 4.7086/7148.

Vis-a-vis the pound, the local unit was lower at 5.2932/3000 to 5.2874/2941 at last Tuesday's close. - Bernama

According to Ambank research, expectations for rate cuts by the US Federal Reserve are at a high following Friday's weak US payrolls report. 

It said the focus will be on US May’s inflation data which is scheduled to be released today where market expects headline inflation to come in at 1.9% y/y (April: 2.0%) while core inflation is forecasted at 2.1% y/y (April: 2.1%).

"In our view, should the inflation data fail to meet expectation, it will raise our current 60% probability for a rate cut in July to a much higher level," it said.

The research house added it has priced in one rate cut in September and another in January with a 90% probability of happening.

For today, it expects the ringgit to trade between a support level of 4.1519 and 4.1582 while its resistance is pegged at 4.1656 and 4.1734. 

Its main focus will be on European central Bank president Mario Draghi's speech.

Posted by Good123 > 2019-06-12 10:56 | Report Abuse

tak tau vt mau tipu shareholders kah? maybe, before he dies like ioi punya bos , dia mau buat sesuatu yang baik pula

Posted by 129055444514385 > 2019-06-12 10:58 | Report Abuse

for remembrance :)

Berjaya Retail to be privatised, Tan offers 65 sen per share - Business ...
https://www.thestar.com.my/.../berjaya-retail-to-be-privatised-tan-offers-65-sen-per-sh...
Mar 12, 2011 - PETALING JAYA: Seven months after its initial public offering (IPO), Berjaya Retail Bhd (BRetail) is now being privatised by its major ...

Posted by 129055444514385 > 2019-06-12 11:01 | Report Abuse

bjland and ytlland.... ytl land is 36.5sen vs bjland 20sen haha

YTLLAND Financial Information
Market Capital (RM)
: 308.19m
Number of Share
: 844.34m
EPS (cent)
: -16.26 *
P/E Ratio
: -
ROE (%)
: -18.48
Dividend (cent)
: 0.000
Dividend Yield (%)
: 0.00
Dividend Policy (%)
: 0
NTA (RM)
: 0.880
Par Value (RM)
: 0.500

* Calculated based on the net profit of the trailing twelve months and latest number of shares issued.

Posted by 129055444514385 > 2019-06-12 11:01 | Report Abuse

francis yeoh is much smarter than VT :)