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

0.335 - 0.345

Trading Volume

2,543,100


3 people like this.

12,379 comment(s). Last comment by miniminer 16 hours ago

Good123

25,315 posts

Posted by Good123 > 2019-07-15 10:29 | Report Abuse

last batch for sale below 20sen :)

Posted by shortinvestor77 > 2019-07-15 10:30 | Report Abuse

BJLand has cash of RM800 mil plus = 16 cents plus. What to worry?

Posted by shortinvestor77 > 2019-07-15 10:34 | Report Abuse

Paying 1 cent dividend per share is just takes 50 million RM.

Posted by shortinvestor77 > 2019-07-15 10:45 | Report Abuse

812,019 ,000 RM = 16.24 cents cash per share to be more accurate.Refer to page 1
http://www.bursamalaysia.com/market/listed-companies/company-announcements/6200993

Newcummer1

198 posts

Posted by Newcummer1 > 2019-07-15 10:50 | Report Abuse

Nice.

Ncm88

1,219 posts

Posted by Ncm88 > 2019-07-15 11:08 | Report Abuse

Yes finally go kikikikiki

Jeewin

16 posts

Posted by Jeewin > 2019-07-15 11:13 | Report Abuse

Good, hope to earn some money

Good123

25,315 posts

Posted by Good123 > 2019-07-15 11:18 | Report Abuse

pay dividend and declare dividend policy, share price will fly nonstop

Good123

25,315 posts

Posted by Good123 > 2019-07-15 11:18 | Report Abuse

start with at least 30% or 50% of net profit for dividend

Good123

25,315 posts

Posted by Good123 > 2019-07-15 11:19 | Report Abuse

I found that stocks with dividend policy valued much higher than their peers

Good123

25,315 posts

Posted by Good123 > 2019-07-15 11:20 | Report Abuse

expecting either cash or share dividend soon

Good123

25,315 posts

Posted by Good123 > 2019-07-15 11:21 | Report Abuse

maybe the stop loss gang at 1 or 2sen sudah lari. started to increase in price today

stahl2017

310 posts

Posted by stahl2017 > 2019-07-15 11:30 | Report Abuse

cash wat? buy iceland hotel already spend 500m la, btw why no official announcement from Bjland?

Eddysurge

2,057 posts

Posted by Eddysurge > 2019-07-15 11:33 | Report Abuse

Bought a hotel using 500million ringgit . So rich!

hkchee78

121 posts

Bettyem

655 posts

Posted by Bettyem > 2019-07-15 11:47 | Report Abuse

Who said Icelandair hotels are all purchased in cash, it could be a mix of shares in exchange & put options in BJLand shares for Icelandair who is selling their profitable hotel biz to focus on their core Biz on aviation, it will solve BJLand's current free float problems in the short term with introduction of a new investor in BJGroup?

https://themalaysianreserve.com/2019/07/15/berjaya-land-purchases-majority-share-in-icelandair-hotels/

Good123

25,315 posts

Posted by Good123 > 2019-07-15 11:50 | Report Abuse

possible, the Icelandair becomes a major shareholder through share swap. better for bjland as corporate governance will be emphasized with European company as shareholder

Good123

25,315 posts

Posted by Good123 > 2019-07-15 11:52 | Report Abuse

Icelandair would push vt to pay dividend and come out with a dividend policy if it becomes a reality

Good123

25,315 posts

Posted by Good123 > 2019-07-15 11:53 | Report Abuse

great synergy with icelandair, icelanders can stay at bjland hotels in spore, japan, Malaysia, etc

Good123

25,315 posts

Posted by Good123 > 2019-07-15 11:55 | Report Abuse

analysts will be appointed to write on bjland soon hopefully

stahl2017

310 posts

Posted by stahl2017 > 2019-07-15 12:02 | Report Abuse

The hotel operator will also open a new 145-room hotel at Austurvöllur Square in Reykjavik’s Parliament district in collaboration with Hilton Hotels in 2020.

Good branding if listing the hotel division with Four Season & Hilton as the jewel in the crown

Eddysurge

2,057 posts

Posted by Eddysurge > 2019-07-15 13:56 | Report Abuse

Come on!! When you have Vietnam hotel time, did any minority feel anything's.

Eddysurge

2,057 posts

Posted by Eddysurge > 2019-07-15 13:58 | Report Abuse

Excitement or despairing!! What make this time difference?

davidkkw79

5,068 posts

Posted by davidkkw79 > 2019-07-15 14:00 | Report Abuse

Sounds like want to take over Mas by bjland?

tt101

1,298 posts

Posted by tt101 > 2019-07-15 15:04 | Report Abuse

Go and find what has happened the lawsuit in Jeju......No announcement & keep silent.

ivan9511

3,854 posts

Posted by ivan9511 > 2019-07-15 16:16 | Report Abuse

Wait buy lower again.
Must con than the boss otherwise we all lost
Remember attack con man must 1000000p times more con than him
Teaching him a lesson for how to become a human being since he lost the original when he start doing a business by using hard working not share market

Newcummer1

198 posts

Posted by Newcummer1 > 2019-07-15 16:29 | Report Abuse

Final countdown

Posted by shortinvestor77 > 2019-07-15 16:36 | Report Abuse

That could be a good reason to list Berjaya Hotels into Singapore Exchange in order to fund the buying of Icelandair Hotels, 5-6 months from now.

Posted by shortinvestor77 > 2019-07-15 16:40 | Report Abuse

The completion of the transaction is set for the end of this year, subject to fulfillment of conditions by both parties.

Posted by shortinvestor77 > 2019-07-15 16:42 | Report Abuse

Berjaya Group executive chairman Tan Sri Vincent Tan (picture) said the acquisition of Icelandair Hotels will complement the group’s existing portfolio of 19 city and resort hotels located in Malaysia, Vietnam, the Philippines, Japan, Sri Lanka, Seychelles and the UK.

Posted by shortinvestor77 > 2019-07-15 16:53 | Report Abuse

询及集团未来计划,陈志远披露,该集团有意将酒店资产于新加坡交易所上市,再将成功置地除牌。
https://klse.i3investor.com/blogs/kianweiaritcles/187212.jsp

sengsoon

26 posts

Posted by sengsoon > 2019-07-15 16:53 | Report Abuse

Part 3: 内行看门道 15.7.2019
有道说外行看热闹,內行看门道,看不懂就心浮气燥,乱发脾气,一直讨着要糖果吃。买卖股票也是一样,看的就是那一点门道。

15.7.2019上午9。32左右,有一个大户进场做了1MIL的股票,在此之前的几个交易日,也是同样的情况,由大户吃下了几个MIL的股票。这说明了什么?这就是一个进场的信号。有某些大户认为此股已经物有所值,这种价位值得进场购买。在这种情况下,还是有许多散户急着脱手,或者还在唉声叹气的,认为主要大户残忍未守承诺?


大户和散户对股票买卖的态度完全兩极,一边静静地扫货,另外一边郤垂头丧气,对久久大户没有动作好象丧家犬一样惶惶不可终日。一旦股价有一些起色,马上抛售。结果从来这些散户高不成低不就,只是任人魚肉。

所以看这隻股票是否好康,除了基本面外,不在股价的上下波动,是在看这隻股票里有人吗?有人这隻股票才可以活,才是活水,以及大户在这股票里做了些什么?静静的一隻股票水也许深不可测,但也许只是一塘死水,多数时候也许是这样。里面没有几隻魚,有的也只是几尾毫无中看的小魚,在这样的池塘里钓鱼根本是浪费时间。

所以看Bjland也是一样,最大的大户已经手握了85%,还有其他的大户愿意出大錢在这个价位里暗中买入。当主要大户已经掌握了85%,但郤不愿意稀释自己手上的股票,那内情可就没有那么简单。

对前者最大的大户来说,现在已经完全胜出,把所有的玩家远远的抛离,后者刚入市的大户依然信心满满。但二者都有一个共通性,那就是,这些大户都不会告诉人,什么话都粒声不出,静静地好令人怀疑。只有散户,穷的剩下只会阿叽阿咗的,一直认为大户也许亏待了他?如此没有平静的心态,很难在股市里生存或者赚到大錢,是必然的而不是偶然的。

这隻股票和Hengyuan比较,前者虽然在低价位里盘旋,但比较后者还是安全多了,何况还有一个梦。等待那个大户需要时心血来潮时完全通吃,散户只要耐心一点还是可以找回一些甜头,只是时间的问题。
(以上内容如有雷同与人无关只是就事论事。)

tt101

1,298 posts

Posted by tt101 > 2019-07-15 17:04 | Report Abuse

The lawsuit in Jeju already KOYAK.... how much loss should take into account?

miniminer

504 posts

Posted by miniminer > 2019-07-15 18:15 | Report Abuse

......hehehe.....
借花来献佛, 再燃其花萁
老千装行家, 道三又道四
似懂但不悟, 以糖诱纯情
司马昭之心, 路人都皆知。
(以上诗歌内容纯属虚构,如有雷同纯属巧合)

MACHX

20 posts

Posted by MACHX > 2019-07-15 18:36 | Report Abuse

wait .penta needs another two months to clear the stock.

skyu

2,497 posts

Posted by skyu > 2019-07-15 19:01 | Report Abuse

with the further buy of new hotel, does it imply the privatisation is not going to happen ? seems like the case. just admit defeat.

stahl2017

310 posts

Posted by stahl2017 > 2019-07-15 19:18 | Report Abuse

what is the good timing to privatise? of cos after 6 months from Penta's deal la, then he no need to obey Bursa rule and offer much lower price than Penta's deal

Posted by shortinvestor77 > 2019-07-15 19:42 | Report Abuse

BJLand has more than RM800 million cash. This RM 222 million is noy a big money.

Leong1982

544 posts

Posted by Leong1982 > 2019-07-15 20:03 | Report Abuse

Of course he is using BJLand money to buy Icelands hotels since BJLand is undervalued now. When he privatises it, it'll be a windfall for him!

Posted by shortinvestor77 > 2019-07-15 21:09 | Report Abuse

I think Icelands hotels is a good deal.

stahl2017

310 posts

Posted by stahl2017 > 2019-07-15 21:32 | Report Abuse

Official news

The Board of Directors of Berjaya Land Berhad (“B-Land”) wishes to announce that
its wholly-owned Irish incorporated subsidiary, Berjaya Property Ireland Limited
(“BPIL” or “Purchaser”) has on 13 July 2019 in Reykjavik, Iceland entered into a
Share Purchase Agreement (“SPA”) with Icelandair Group hf. (“Icelandair Group” or
the “Seller”) for the proposed acquisition of 75% stake in Icelandair Hotels ehf
(“Icelandair Hotels”), which will acquire 100% of Hljomalindarreitur ehf
(“Hljomalindarreitur”) and certain hotels and real estate assets in Iceland pursuant
to the Proposed Pre-Closing Restructuring (as defined below), (collectively referred
to as the “New Icelandair Hotels Group”),for a total cash consideration of
approximately USD53.63 million (about RM222.03 million*) (“Purchase
Consideration”) (“Proposed Acquisition”).

kahhoeng

3,939 posts

Posted by kahhoeng > 2019-07-15 21:44 | Report Abuse

yeah, the hotel deal is not too bad, at least its return is much better than the Vietnam Hotel disposed. Hopefully, there will be a 0.01 per share dividend this year...

kahhoeng

3,939 posts

Posted by kahhoeng > 2019-07-15 21:49 | Report Abuse

https://www.theedgemarkets.com/article/berjaya-land-seeks-entry-icelands-hotel-market-acquisition

KUALA LUMPUR (July 15): Berjaya Land Bhd (BLand), which is controlled by tycoon Tan Sri Vincent Tan, is buying a 75% stake in Icelandair Hotels ehf in a US$53.63 million (RM222.03 million) deal that would allow the group to enter the luxury hotel segment in Iceland.

BLand said the proposed acquisition is in line with the group’s geographical diversification and revenue expansion.

"The luxury hotel segment in Iceland is expected to grow and the proposed acquisition will enable the group to enter this segment with strategically located hotels in the heart of Iceland, as well as certain hotels being operated under the Hilton brand name," it added.

In a filing with Bursa Malaysia today, BLand said its wholly-owned Irish incorporated subsidiary, Berjaya Property Ireland Ltd (BPIL), had on July 13 entered into a share purchase agreement (SPA) with Icelandair Group hf for the proposed acquisition.

BPIL also entered into a shareholders agreement and a put and call option agreement with Icelandair Group for the remaining 25% stake in the New Icelandair Hotels Group, after three years post-completion of the proposed acquisition.

Icelandair Hotels currently operates 20 hotels with a total room count of 1,811 rooms located all around Iceland. In addition, a new 5-star 145-room hotel in Reykjavik's Parliament district developed in collaboration with Hilton Hotels, is scheduled to be launched in 2020.

In a separate statement, BLand said the proposed acquisition will increase the group's room inventory to 6,011 rooms, from about 4,200 now.

Deeming the investment as "a low entry cost", Tan, who is founder and executive chairman of Berjaya Corp Bhd, said the average price for the stake in Icelandair Hotels works out to about US$75,096 per room.

“The Icelandair Hotels is one of the largest hotel chains in Iceland, and its hotels are operated at a very high standard by a passionate and dedicated team. We are delighted to add this hotel group to our growing network of hotels and resorts.

“We look forward to working with the Icelandair Group. I believe this investment represents good long term value for Berjaya,” he added.

The enterprise value of the New Icelandair Hotels Group is fixed at US$136 million, which represents a multiple of about 11.33 times based on its earning before interests, taxation, depreciation and amortisation (ebitda) of US$12 million for the financial year ended Dec 31, 2018 (FY18).

The US$53.63 million price tag was derived after adjustments which were derived from the proforma balance sheet of the New Icelandair Hotels Group.

BLand said it will fund the proposed acquisition via borrowings and/or internal funds.

BLand shares closed up 0.5 sen or 2.86% at 18 sen today, bringing a market capitalisation of RM900.06 million.

Leong1982

544 posts

Posted by Leong1982 > 2019-07-15 22:08 | Report Abuse

Yes, kahhoeng, I also think BJLand should declare 1 cent of dividend this year!

skyu

2,497 posts

Posted by skyu > 2019-07-15 22:22 | Report Abuse

the actual price of the hotel can be just 30 million usd the rest 23 million usd can be going into their family pocket. why in the rush buying another hotel after sold off Vietnam property? maybe someone with the knowledge can answer which I doubt.

Leong1982

544 posts

Posted by Leong1982 > 2019-07-15 22:45 | Report Abuse

Skyu, I have experience transacting multimillion properties. I don't think what you said cn be true in this case..

Jeffreyteck

4,246 posts

Posted by Jeffreyteck > 2019-07-15 22:54 | Report Abuse

That is how to become tycoon.

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