BERJAYA LAND BHD

KLSE (MYR): BJLAND (4219)

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Last Price

0.33

Today's Change

-0.005 (1.49%)

Day's Change

0.325 - 0.33

Trading Volume

130,700


3 people like this.

12,379 comment(s). Last comment by miniminer 1 day ago

Posted by Sebastian Sted Power > 2019-06-13 08:40 | Report Abuse

you all dont kacau Misai Tan. He very busy carry his godfather's ball now

https://www.nst.com.my/news/nation/2019/06/495850/dr-m-13-out-52-let-serve-lesson-us-all

Sslee

5,941 posts

Posted by Sslee > 2019-06-13 08:49 | Report Abuse

Hahahaha,
A picture is worth a thousand words, Misai Tan just sit beside Tun M so what you all waiting for? "Sailang"

Posted by Sebastian Sted Power > 2019-06-13 09:21 | Report Abuse

https://www.nst.com.my/news/nation/2019/06/495850/dr-m-13-out-52-let-serve-lesson-us-all


that photo Misai Tan look like older than his godfather. Maybe Misai recently too busy think of his big plan until no time rehat. Uncle Misai, relax la and dont stress yourself too much. You alone cannot eat too much, distribute some dishes for your small shareholders like us to enjoy together

Bettyem

655 posts

Posted by Bettyem > 2019-06-13 09:58 | Report Abuse

Looks like VT going to raise funds soon for Godfather, so cannot afford to delay any longer his big plan for restructuring and to bring money home from overseas for BJGroup?

"Malam Sejuta Kenangan" Meanwhile, Dr Mahathir said every contribution made to political parties must go directly into the parties' accounts and there must be receipts.

Good123

25,326 posts

Posted by Good123 > 2019-06-13 11:04 | Report Abuse

for bjland, either cash or share swap with bjcorp like penta, be patient

Good123

25,326 posts

Posted by Good123 > 2019-06-13 11:05 | Report Abuse

14months' results ended 30 June 2019 will be released by August due to change of accounting date...

Good123

25,326 posts

Posted by Good123 > 2019-06-13 11:12 | Report Abuse

good results with dividend, etc etc. share price will rock

Change in Financial Year End

BERJAYA LAND BERHAD
Old financial year end30 Apr 2019New financial year end30 Jun 2019


Remarks :The Board of Directors of Berjaya Land Berhad had approved the change of financial year end of the Company from 30 April to 30 June so as to coincide with the new financial year end of its ultimate holding company, Berjaya Corporation Berhad. Thus, the next set of financial statements will be made up from 1 May 2018 to 30 June 2019 covering a period of 14 months. Thereafter, the financial year end of the Company shall end on 30 June for each subsequent financial year.


Announcement Info

Company NameBERJAYA LAND BERHADStock NameBJLANDDate Announced02 May 2019CategoryChange in Financial Year EndReference NumberCFY-29042019-00006

Good123

25,326 posts

Posted by Good123 > 2019-06-13 11:13 | Report Abuse

bjland with few hundred million ringgits as retained earnings, boley bagi dividend anytime

Good123

25,326 posts

Posted by Good123 > 2019-06-13 11:15 | Report Abuse

change of accounting period, vt mau trade bjland punya shares during closed period... pasti berita baik

Good123

25,326 posts

Posted by Good123 > 2019-06-13 11:16 | Report Abuse

for privatization of bjland, vt can use share swap like offered to penta without using cash

Good123

25,326 posts

Posted by Good123 > 2019-06-13 11:18 | Report Abuse

bjcorp as holdings company dah cukup, tak perlu bjland sebagai holdings company lagi

Good123

25,326 posts

Posted by Good123 > 2019-06-13 11:20 | Report Abuse

2 holdings companies tak efficient, merge bjcorp n bjland jadi 1

Good123

25,326 posts

Posted by Good123 > 2019-06-13 11:36 | Report Abuse

bjcorp 26sen, bjland 20sen, the same penta offer to all minority shareholders of bjland now, they might accept now

Bettyem

655 posts

Posted by Bettyem > 2019-06-13 12:44 | Report Abuse

Looks like somebody's roadblock...mostly concentrated @20 sens...can anyone spare RM0.85M to "Break Thru"? or is it a signal for VT to start buying since need only 0.06% more to breach Bursa's free float requirements for privatisation?

stahl2017

310 posts

Posted by stahl2017 > 2019-06-13 13:30 | Report Abuse

extremely low volume, seem like everyone had choose their side, just wait for the show

Bettyem

655 posts

Posted by Bettyem > 2019-06-13 13:55 | Report Abuse

Will BJLand bids for Bandar Malaysia after the 17 June deadline for LKH to pay since he has denied involvement in the project,?

leek

3,617 posts

Posted by leek > 2019-06-13 14:36 | Report Abuse

CAN YOU SEE THE LATEST NEWS WHO SHAKE HAND WITH TUN??? =D

https://www.facebook.com/147727305254920/posts/2720097118017913/

WATCH 1:17

leek

3,617 posts

Posted by leek > 2019-06-13 14:43 | Report Abuse

IT IS IMPORTANT TO LEGALISE SPORT BETTING IN MALAYSIA...
TOO MUCH TAX MONEY LOSS TO THE ILLEGAL BETTING...
HOPE TUN WILL OPEN THE DOOR AGAIN VERY VERY SOON!!! =D

Good123

25,326 posts

Posted by Good123 > 2019-06-13 17:48 | Report Abuse

bet on toto number, better bet on bjtoto's largest shareholder which is bjland

Good123

25,326 posts

Posted by Good123 > 2019-06-13 17:49 | Report Abuse

bjland price has been hovering around 20sen , buy-sell daily. wait for sudden acceleration soon

Good123

25,326 posts

Posted by Good123 > 2019-06-13 17:51 | Report Abuse

few hundred millions as retained earning but not distributed as dividends but used to buy bjassets, bjtoto, 7-11 punya shares and others. should return these shares to shareholders if no privatization

Good123

25,326 posts

Posted by Good123 > 2019-06-13 17:53 | Report Abuse

I think minority shareholders hope VT will pass away soon like ioi punya boss so that his children could unlock the value of the company :)

Posted by birkincollector > 2019-06-13 18:38 | Report Abuse

YTL just announced to take over YTLLAND.......when is bjland turn?

mach10

371 posts

Posted by mach10 > 2019-06-13 18:59 | Report Abuse

tough to be minority shareholders of BJLAND.VT can give you hope but no dividend.wish to buy this stock at 0.15

stahl2017

310 posts

Posted by stahl2017 > 2019-06-13 19:20 | Report Abuse

omg, ytl offer with no premiym

kahhoeng

3,939 posts

Posted by kahhoeng > 2019-06-13 20:13 | Report Abuse

my apology, I have mentioned earlier that there's no quarter report for BJLand this month, but its wrong though. With BJFood announcing result today, I suppose BJLand will announce its result soon...

Bettyem

655 posts

Posted by Bettyem > 2019-06-13 20:32 | Report Abuse

Looks like goods news coming soon...a change of heart from VT after meeting Godfather? Better book Ur tickets be4 the show begins...

mach10

371 posts

Posted by mach10 > 2019-06-13 20:40 | Report Abuse

if the photo is a guide , I think VT is the largest financial supporter of TUN M's party. in other words ,VT probably has no money to privatize BJLAND.

Bettyem

655 posts

Posted by Bettyem > 2019-06-13 20:52 | Report Abuse

Nothing ventured...nothing gained...guess how VT made his Billions with Godfather's help...now there's Bandar Malaysia, Sports Betting, another Casino licence, Selangor Turf Club, endless possibilities etc...etc..

Good123

25,326 posts

Posted by Good123 > 2019-06-13 21:05 | Report Abuse

bjland is diversified unlike ytlland

Good123

25,326 posts

Posted by Good123 > 2019-06-13 21:05 | Report Abuse

KUALA LUMPUR: YTL Corp Bhdhas proposed to delist its property development arm via a share swap deal.
Under the plan, YTL Corp has offered to acquire all remaining shares it did not own in YTL Land

Good123

25,326 posts

Posted by Good123 > 2019-06-13 21:07 | Report Abuse

probably same offer as penta.

KUALA LUMPUR (Jan 31): Berjaya Corp Bhd (BCorp) and its wholly-owned subsidiary Juara Sejati Sdn Bhd have entered into an agreement with Penta Master Fund Ltd, PCM Industrial LP and Penta Asia Long/Short Fund Ltd to acquire 4.61% of Berjaya Land Bhd (BLand) for RM87.4 million.

In a bourse filing yesterday, the group said the 230 million Berjaya Land shares will be acquired for a total purchase consideration of RM87.4 million or 38 sen per share, to be fully satisfied via the issuance of 291.3 million BCorp shares at an issue price of 30 sen apiece.

Good123

25,326 posts

Posted by Good123 > 2019-06-13 21:10 | Report Abuse

really stupid with 2 holdings companies ie bjcorp and bjland ...duplicatation, waste of resources

Good123

25,326 posts

Posted by Good123 > 2019-06-13 21:11 | Report Abuse

maybe, the offer will come from vt in his personal capacity Haha

Good123

25,326 posts

Posted by Good123 > 2019-06-14 08:51 | Report Abuse

vt must wake up, growing and dying also have pain, better to grow than to die. look at ytl's success via privatization of subsidiaries, acquisition both local and overseas, etc.

Good123

25,326 posts

Posted by Good123 > 2019-06-14 08:56 | Report Abuse

VT is a useless timid fox , after getting 84% of bjland but not brave to offer for privatization yet unlike ytl's francis.

KUALA LUMPUR: YTL Cement’s shareholding in Lafarge Malaysia rose from 51% to 77% at the close of the acceptance period for the former’s mandatory offer (MO) for the remaining 49% stake, CIMB Equities Research said.

It said on Friday minority shareholders with a collective 26% shareholding in Lafarge accepted the RM3.75 a share offer price. The remaining 23% minority shareholders did not accept the MO. 
Lafarge will remain listed and would need to comply with Bursa Malaysia’s 25% minimum public spread requirement within the next three months.

The research house also said YTL Corp proposed to take YTL Land private via a share swap deal. It will acquire the remaining 34.7% stake in YTL Land at 36 sen a YTL Land share via the issuance of new YTL Corp shares pegged to a swap price of RM1.14/share (FY6/18 P/E of 33.1 times). 

“The offer is at a 62% discount to YTL Land’s FY6/18 book value (BV) or 0.38 times price/BV. This deal will see YTL Corp issuing 91 million new shares at a swap ratio of 0.32. It will also acquire the remaining ICULS in YTL Land,” it said.

“In the medium term, we expect the acquisition of Lafarge to remain earnings dilutive for YTL given Lafarge recorded losses in 1Q19, in view of the still-weak cement demand and pending the potential benefits/operational synergies from the consolidation with YTL Cement.
 
“We maintain our longer-term positive view on the takeover, as the combined estimated c.60% market share could enhance pricing power, in addition to Lafarge’s revived contract with the East Coast Rail Line (ECRL). 

“With YTL Land deal likely to be completed in 4Q19F, we retain our FY19-21F EPS,” it said.

As for the YTL Land share swap deal, it would enable minority shareholders to switch to YTL Corp shares with better liquidity and more profitable/diversified exposure. 

“As at 9MFY6/19, YTL Land reported a net loss of RM56mil compared to RM5.8mil net profit in 9MFY6/18 mainly due to weak property sales underpinned by the challenging market conditions domestically and in Singapore.

“Retain TP of RM1.13 (30% discount to RNAV) and Hold call. Indicatively, imputing the surplus market value of Lafarge, given the 16% increase in its share price since the takeover offer (fuelled yesterday by talks of a potential increase in net selling prices which are currently below RM200/tonne on average) would raise our TP by four sen. 

“Upside risks are a recovery in cement prices despite the still subdued industry demand outlook over the next 12 months, and faster turnaround for Lafarge. Downside risk is wider losses,” it said.

Leong966

83 posts

Posted by Leong966 > 2019-06-14 08:58 | Report Abuse

Maybe will follow YTL footsteps.. to delist via share swap.. 1 for 1 or maybe less for bjcorp shares

Good123

25,326 posts

Posted by Good123 > 2019-06-14 09:08 | Report Abuse

similar offer to penta at least. bjland is the controlling shareholder of bjtoto with shareholdings in 7-11, bjassets, Philippine and UK listed companies, etc. retained earnings pula few hundred millions, also a diversified conglomerate like bjcorp.

Leong966

83 posts

Posted by Leong966 > 2019-06-14 09:30 | Report Abuse

They can delist the company with 75% shareholding..forcing you all to sell at dirt cheap

Good123

25,326 posts

Posted by Good123 > 2019-06-14 09:35 | Report Abuse

Ytl privatized ytlland at 0.36 times of book value. if we're use it to bjland, 82sen × 0.36 = 29.5sen but bjland is a diversified conglomerate, so, a higher times should be used. maybe, same offer to penta in Jan 2019. so, people can't complain, period.

Good123

25,326 posts

Posted by Good123 > 2019-06-14 09:43 | Report Abuse

recent share swap with penta in Jan 2019, 1 bjland share = ~1.27 bjcorp shares, bjcorp is 26sen now × 1.27= 33sen only per bjland share using bjcorp shares to acquire bjland.

Good123

25,326 posts

Posted by Good123 > 2019-06-14 09:44 | Report Abuse

bjland is too undervalued now. haha

Good123

25,326 posts

Posted by Good123 > 2019-06-14 09:45 | Report Abuse

grab fast3, dont miss the boat

Investor 8

104 posts

Posted by Investor 8 > 2019-06-14 11:16 | Report Abuse

BJCOPR undervalue because of the low price to book ratio (even lower than BJLAND).
But no profit also no use.

I want privatise via cash settlement, don't want share swap.
Swap to BJCOPR price no move also no use :(

Bettyem

655 posts

Posted by Bettyem > 2019-06-14 11:33 | Report Abuse

Something is definitely Brewing, better book Ur tickets at current price be4 sold out!...since Godfather is raising funds, VT as financier needs cash... that's why the change of heart to release the latest Qtr's results on schedule rather than postpone to end August with change of accounting date...the coming Qtr. results next week? will indicate profit from sale of Vietnam assets boosting BJGroup's share price? Maybe VT might throw in some dividend for himself & minority shareholders?

Good123

25,326 posts

Posted by Good123 > 2019-06-14 11:47 | Report Abuse

accumulate as much as possible, sell to vt like what penta did Haha

nckcm

2,726 posts

Posted by nckcm > 2019-06-14 11:47 | Report Abuse

Price rock bottom la.. VT wont so sohai make his bjland even lower. U push high up slowly release ticket even earn more loool

Posted by 1431599283521664 > 2019-06-14 11:53 | Report Abuse

vt and yeoh are all same blood type

Good123

25,326 posts

Posted by Good123 > 2019-06-14 11:58 | Report Abuse

vt and francis are very different. francis is a Christian and doesn't do gambling biz. vt isn't a Christian and do gambling biz. also francis is a UK university graduate haha

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