The + factor pertaining is retained earnings has about RM80mil which can be distributed as dividend as at 31.1.2019.... feb to June 2019 (another 5 months to be reported by aug 2019 to make up 14-month due to change of accounting period)... if these 5 months make or report a lot of profit, then more retained earnings can be used for dividend payout..... if bjland is run well from now, its share price should be at least double in price..,,, NA per share is 80sen+ like ytlland (privatized at 36sen) but bjland is a diversified conglomerate which should fetch higher valuation., period
19.5sen, dare to enter? I think many people are waiting for the G20 outcome and meeting between china and USA whether the trade war will intensify or not :) higher risk higher return but for longer term investors (buy n hold), less concern
vt not using bjland cash to buy related companies anymore?
Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
7-ELEVEN MALAYSIA HOLDINGS BERHAD
Particulars of substantial Securities Holder
NameTAN SRI DATO' SERI VINCENT TAN CHEE YIOUNNationality/Country of incorporationMalaysiaDescriptions (Class)Ordinary Shares
Details of changes
NoDate of change
No of securities
Type of TransactionNature of Interest112 Jun 2019
60,400
AcquiredDeemed InterestName of registered holderNural Enterprise Sdn. Bhd.Address of registered holderLot 2.05, 2nd Floor, Podium Block, Plaza Berjaya, No. 12, Jalan Imbi, 55100 Kuala Lumpur.Description of "Others" Type of Transaction213 Jun 2019
101,000
AcquiredDeemed InterestName of registered holderNural Enterprise Sdn. Bhd.Address of registered holderLot 2.05, 2nd Floor, Podium Block, Plaza Berjaya, No. 12, Jalan Imbi, 55100 Kuala Lumpur.Description of "Others" Type of Transaction Circumstances by reason of which change has occurredAcquisitions of shares in open market by Nural Enterprise Sdn. Bhd.Nature of interestDeemed InterestDirect (units)274,489,471Direct (%)23.865Indirect/deemed interest (units)230,004,389Indirect/deemed interest (%)19.997Total no of securities after change504,493,860Date of notice13 Jun 2019Date notice received by Listed Issuer14 Jun 2019
by right, bjland should rise as the parent company of bjtoto. bjtoto is more valuable now and generate more profits for dividend payout.
Bjtoto continues to see value as ticket sales rise due to the authorities' crackdown on illegal operators.
Kenanga research said in a note that BJToto saw ticket sales for Classic 4D rising 5% since measures to combat illegal operators started last September.
\"The enforcement’s effort is healthy for the NFO players as the size for black market is easily 1-2 times bigger than the licensed NFO volumes,\" said the research house.
It maintained its outperform call on BJToto with a revised share price of RM2.95 from RM2.65 previously.
Kenanga noted that BJToto's share price gained 25% year-to-date due to the improving ticket sales amid strong advances in other sin stocks such as Magnum, Carlsberg and Heineken.
\"Even with strong gains, BJTOTO is still a laggard as it is the cheapest among these sin stocks with its highest dividend yield.
\"It trades at 13x PER which is only half of brewers’ valuation while BJTOTO offers >6% yield against the rest at >3%.
\"As such, BJTOTO can be a sector catch-up play,\" it said.
Outside of Malaysia, earnings from the group's Philippine-based PGMC and UK unit HR Owen could be volatile.
Pre-tax profit from PGMC fell to RM5.2mil in 3Q19 from RM22.7mil in 2Q19 owing to lower leased rental income as the contract for the lottery system machine expired last August.
Earnings from HRO were volatile given the auto sales value coupled with the volitility of the pound sterling.
BJToto's 10.2%-owned Vietnamese Berjaya GTI remains in the red despite operating since mid-2016, and is unlikely to be profitable in the near future given the infant NFO market there.
vt uses cash dividend from bjtoto to fund hotels/resorts / mall overseas e.g. china, japan, Vietnam, Singapore, Iceland and buy related companies' shares... wrong strategy.... a portion of dividend received from bjtoto must be paid out as dividend for bjland shareholders... then the share price will fly... also, get of Saleman mentality for quick profit, build , operate and ada buyer jual.... build sustainable biz then share price will leapfrog... genting continues to build casinos throughout the world and keep n run... bukan build, operate n jual..... genting pays dividend yearly... profit n dividend level r predictable attracting many institutional investors from both Malaysia and overseas.
still talking about it's a good long term investment as it's the parent of BJtoto?? meaningless, isn't it? with no meaningful free float, it'll be delisted sooner or later.
Godfather and minister of sports at Cambridge today...VT's also there... must be something big coming? License for ESports related services? Bandar Malaysia projects? Etc...
now we have number betting n casino, one more makes not much difference but must tax the operator to the maximum and use it tax collected for charity purpose only
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
shortinvestor77
5,487 posts
Posted by shortinvestor77 > 2019-06-16 20:52 | Report Abuse
No hope one don't need to come to this counter. Always wonder why they are still here. So itchy to be here