BERJAYA LAND BHD

KLSE (MYR): BJLAND (4219)

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Last Price

0.335

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


3 people like this.

12,379 comment(s). Last comment by miniminer 22 hours ago

stahl2017

310 posts

Posted by stahl2017 > 2019-06-19 15:54 | Report Abuse

Kenn Ong, nothing good bout this share, just purely gambler with VT, no fundamental, technical analysis can pakai here

Kenn Ong

55 posts

Posted by Kenn Ong > 2019-06-19 15:57 | Report Abuse

U guys think those seller from minority shareholders or VT group members.....

Beza

1,847 posts

Posted by Beza > 2019-06-19 16:01 | Report Abuse

No faith just run away from this counter. Business is always willing sellers willing buyers. Cannot take risk also can leave lah!

Bettyem

655 posts

Posted by Bettyem > 2019-06-19 16:02 | Report Abuse

Actually if everyone buys and keep at current price ,& treat as FD..Penta's 3% will be depleted very soon.. demand & supply will dictate the future direction of price since limited float of 15% left?

Posted by 1431599283521664 > 2019-06-19 16:03 | Report Abuse

suddenly no transaction for so long

stahl2017

310 posts

Posted by stahl2017 > 2019-06-19 16:03 | Report Abuse

Everyone just talk , no one buy

nckcm

2,726 posts

Posted by nckcm > 2019-06-19 16:04 | Report Abuse

Actually noone buy here loool

Posted by 1431599283521664 > 2019-06-19 16:05 | Report Abuse

14 mins already

stahl2017

310 posts

Posted by stahl2017 > 2019-06-19 16:07 | Report Abuse

Hey Misai, no retail want to buy ur stock la, please delist it, don't waste listing fees.

Bettyem

655 posts

Posted by Bettyem > 2019-06-19 16:24 | Report Abuse

Already more than 4 million units worth done...maybe VT already bought his required 3 million units worth today, that's why a pause already?

Good123

25,315 posts

Posted by Good123 > 2019-06-19 16:24 | Report Abuse

last minute push today probably haha

Good123

25,315 posts

Posted by Good123 > 2019-06-19 16:24 | Report Abuse

more than 20mil shares traded till now macam beli sayur

stahl2017

310 posts

Posted by stahl2017 > 2019-06-19 16:51 | Report Abuse

yeah, thanks for watching, please come again tomorrow

stahl2017

310 posts

Posted by stahl2017 > 2019-06-19 17:05 | Report Abuse

VT will make offer after 6 months from Penta's deal (so he can make lower offer) and before the next qr. His intention is to delay the good qr so the share price can stay low (the reason to coincide with the new financial year end of its ultimate holding company, BJCORP is totally bullshit as BJTOTO & BJFOOD did not change the financial year). So July-August will be the month and we will expect lower offer than Penta's deal.

nckcm

2,726 posts

Posted by nckcm > 2019-06-19 17:08 | Report Abuse

Misai share is so sad that noone buy even no force selling during the last 30 min...

Kenn Ong

55 posts

Posted by Kenn Ong > 2019-06-19 17:10 | Report Abuse

Talk only lar.... So confident talk but no buy one.... Or maybe very very small player cakap saja...

nckcm

2,726 posts

Posted by nckcm > 2019-06-19 17:16 | Report Abuse

Later really up then everyone say got buy liao

Beza

1,847 posts

Posted by Beza > 2019-06-19 17:18 | Report Abuse

Ha ha ha! Group of jokers.

Beza

1,847 posts

Posted by Beza > 2019-06-19 17:18 | Report Abuse

Got shares joke here. no share leave us.

kahhoeng

3,939 posts

Posted by kahhoeng > 2019-06-19 17:24 | Report Abuse

unbelievable, 20 over million shares traded at 0.195 today...

stahl2017

310 posts

Posted by stahl2017 > 2019-06-19 17:27 | Report Abuse

20m shares n still 0.195

stahl2017

310 posts

Posted by stahl2017 > 2019-06-19 17:29 | Report Abuse

Misai rather pay the money for brokerage fee & listing fee than make a better offer to minor shareholders, hopeless

stahl2017

310 posts

Posted by stahl2017 > 2019-06-19 17:50 | Report Abuse

bettyyem, the 6 months is count from the date of offer or the date of deal completed?

Bettyem

655 posts

Posted by Bettyem > 2019-06-19 18:00 | Report Abuse

Date of Penta deal completed on 5 March 2019 so 6 months from this date?

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6087373

Good123

25,315 posts

Posted by Good123 > 2019-06-19 18:48 | Report Abuse

vt is a cheapskate crook. cannot even compare to the leg of the late boss of ioi.

He was once embroiled in a hostile takeover bid for an associate company. He also undertook two privatisation exercises — IOI Oleochemical Industries Bhd (formerly known as Palmco Holdings Bhd) and IOI Properties Bhd. He also relisted the group’s property operation.
In July 12, 2001, Lee received a courtesy phone call from Sime Darby Bhd group chief executive Tan Sri Nik Mohamed Nik Yaacob, informing him of the group’s intention to take over Palmco — an oleochemical company in which Lee’s IOI Corp Bhd held a 32.1% stake — at RM4.35 per share.
It was perceived as a hostile bid then. At the time, Tan Sri Ahmad Sarji Abdul Hamid was the chairman of Sime Darby.
Just when many thought that it was too tough a battle for Lee to fight with Sime Darby, a diversified conglomerate with strong financial muscle and the backing of its parent, Permodalan Nasional Bhd — which is known to have deep pockets — in a few hours, IOI Corp announced that it did not intend to accept Sime Darby’s offer.
Within days, IOI Corp launched a mandatory general offer for Palmco by matching Sime Darby’s offer after it had converted its warrants to bump up its shareholding to 36%. Consequently, this forced Sime Darby to raise its offer price to RM4.60 per share, and that marked the start of the takeover tussle.
It was a battle that Lee had to fight.
Speculation was rife that the hostile bid for Palmco could be only a ploy to distract and exhaust IOI Corp’s financial resources to make the plantation group vulnerable as a takeover target. Was there any truth to it? It is not relevant at all now.
Nonetheless, the little-known Palmco was indeed a prized asset that Lee spotted and grabbed a 32.96% stake from Mega First Bhd at RM4.35 per share, or RM249.2 million in total, in 1997. Being the largest oleochemical producer in Malaysia, and possibly Asean then, Palmco acted as a natural hedge for IOI Corp’s profits when crude palm oil prices were in a downcycle.
It is not hard to fathom why Sime Darby also cast its eye on Palmco — it would be a great platform to expand its downstream activities.
The takeover saga lasted for about three months, during which both parties spent big money mopping up as many shares as possible to gain control of Palmco. In October that year, IOI Corp managed to accumulate more than 50% equity interest and, consequently, Palmco remained within the group.
Palmco, which was renamed IOI Oleochemical later, was taken private by IOI Corp in 2005. Minority shareholders were given the choice of cash option of RM11.08 per share or cash plus IOI Corp share option. The privatisation exercise cost RM872 million.

Posted by Richard Lee > 2019-06-19 19:09 | Report Abuse

today lot of comments here and show your love to Misai

Leong1982

544 posts

Posted by Leong1982 > 2019-06-19 20:03 | Report Abuse

Since there's a lot of interested parties, shall we form a group and discuss how we can safeguard our interest in Berjaya Land?

newbie911

1,111 posts

Posted by newbie911 > 2019-06-19 20:38 | Report Abuse

Seller fed up alr.....will keep sell until 0.15.

Good123

25,315 posts

Posted by Good123 > 2019-06-19 21:39 | Report Abuse

19.5 to 20sen today , 20mil + shares traded... wait n see for further development..nobody knows the future except God :)

Posted by shortinvestor77 > 2019-06-19 21:51 | Report Abuse

Impossible to 0.15 newbie921. If it happened, I would take out RM100k extra to more more. Now hanging around 0.19 to 0.20. Plus sell all yours down to 0.15.

Good123

25,315 posts

Posted by Good123 > 2019-06-19 23:09 | Report Abuse

buy and hold till vt pass away like the late ioi boss. bjland sure naik non-stop without the crook old fox haha

Beza

1,847 posts

Posted by Beza > 2019-06-20 08:42 | Report Abuse

Not really. As long as VT lives, he will buy back by the end of this year. That the risk (minimal) for BJLand. If he passes away, no such deal anymore. His son is a very stingy and useless man.

Mountain

47 posts

Posted by Mountain > 2019-06-20 08:42 | Report Abuse

Its consolidated results for the financial period ended 30/4/19....likely to be announced this evening.

Beza

1,847 posts

Posted by Beza > 2019-06-20 08:43 | Report Abuse

This 20th evening or 26th evening.

Good123

25,315 posts

Posted by Good123 > 2019-06-20 08:47 | Report Abuse

fundamentally speaking, bjland has potential but the crook or greedy cause the share price hard to go up like fgv. fgv has changed the CEO, CFO and refocus on core biz, sell off non-core biz like a rojak.

nckcm

2,726 posts

Posted by nckcm > 2019-06-20 08:49 | Report Abuse

Macam noone buy... last minute also no force selling lol

Good123

25,315 posts

Posted by Good123 > 2019-06-20 08:52 | Report Abuse

bursa and sac should come out to deter related companies among berjaya group of companies to buy one another to the disadvantages of minority shareholders in the respective companies because it does not maximize shareholders' value in the respective companies. if we have rules on share buyback, why can't we have rules on buying shares among related companies to prevent manipulation or cheating minority shareholders or not in their interests for public listed companies. period!

stahl2017

310 posts

Posted by stahl2017 > 2019-06-20 09:31 | Report Abuse

market sentiment is good now, ah Tan don't miss this chance

Good123

25,315 posts

Posted by Good123 > 2019-06-20 09:32 | Report Abuse

bjland is more valuable now.. 40% shareholding bjtoto has increased in value.


CIMB Research raised its earnings forecast for BToto by 1.9%-2.7% for the financial years (FY) ending April 30, 2020, to 2021, to 20 sen per share, respectively, to reflect a slightly lower NFO prize payout ratio. It estimated BToto’s FY22 earnings to be 21 sen per share.
BToto’s net profit doubled to RM70.2mil for the fourth quarter ended April 30, 2019, from RM35.2mil million in the corresponding quarter last year, thanks to lower prize payout and a decline in operating expenses.
For the quarter in review, its revenue rose 8% to RM1.51bil from RM1.4bil previously.
BToto declared a fourth interim dividend payment of 4.5 sen per share.
For the 12-month period, BToto’s net profit rose 20% to RM276.4mil from RM229.7mil in the preceding year, while cumulative revenue was up a marginal 1% to RM5.72bil from RM5.66bil.
Meanwhile, TA Research raised its DDM-based target price for BToto to RM2.29 from RM2.21, but it reiterated its “sell” recommendation on the counter, given the looming risks to the company’s FY20 earnings.
“The current dovish interest rate environment bodes well for dividend-paying stock like BToto with a resilient dividend yield of more than 5%.
“However, we remain cautious on Malaysian economy and worry about Brexit, which may dampen consumer sentiment and spending power,” TA Research said.
“Also, note that FY20 will begin to see the first full-year impact of reduction in special draws by half and the absence of tax holiday,” it added, noting it expected BToto’s NFO division to register earnings contraction of 7.4% year-on-year.
Kenanga Research, however, was optimistic on the prospects of BToto, rating the stock “outperform” with a higher target price of RM3, compared with RM2.95, as it rolled over the valuation base-year to FY20 from FY19. The new target price, the brokerage said, implied an undemanding FY20 price-earnings ratio (PER) of 14.4 times.
“We still believe there is still room for higher earnings given the continuous enforcement against the illegal operators. It still trades at attractive PER of 12-13 times with above average yield of more than 6%,” Kenanga Research said.
BToto’s shares gained six sen to close at RM2.66 yesterday.

Newcummer1

198 posts

Posted by Newcummer1 > 2019-06-20 09:33 | Report Abuse

Im back

Good123

25,315 posts

Posted by Good123 > 2019-06-20 09:33 | Report Abuse

hope vt wont misuse the dividend receivable from bjtoto.haha

Good123

25,315 posts

Posted by Good123 > 2019-06-20 09:34 | Report Abuse

vt should not misuse the dividend from bjtoto to support and buy related companies punya syer which does not maximize or add value to bjland shareholders

Good123

25,315 posts

Posted by Good123 > 2019-06-20 09:35 | Report Abuse

bjland should raise these issues and invite MSWG to go to the coming AGM to raise these issues

Good123

25,315 posts

Posted by Good123 > 2019-06-20 09:37 | Report Abuse

SC and bursa should create a policy on using money of public listed companies to buy related companies' shares of directors which does not enhance shareholders' value.

markmark

117 posts

Posted by markmark > 2019-06-20 09:40 | Report Abuse

Leong 1982, please initial your suggestion, I am the first one to join.

Good123

25,315 posts

Posted by Good123 > 2019-06-20 10:11 | Report Abuse

during the coming agm, shareholders must urge vt to distribute at least 50% of the dividend receivable from bjtoto to the shareholders of bjland and dont misuse it to buy related companies punya syer belonged to vt...

Good123

25,315 posts

Posted by Good123 > 2019-06-20 10:13 | Report Abuse

invite MSWG to come during the agm , activate shareholder activism and front get bullied by crook tycoon

Good123

25,315 posts

Posted by Good123 > 2019-06-20 10:28 | Report Abuse

hope such incident wont happen for bjland.

https://www.klsescreener.com/v2/news/view/540714

unorthodox

180 posts

Posted by unorthodox > 2019-06-20 10:34 | Report Abuse

Later day, "unlimited" shares selling at 0.195 will appear!

Newcummer1

198 posts

Posted by Newcummer1 > 2019-06-20 10:36 | Report Abuse

then Just Q wait at 0.195.

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