AZRB result this year should improve compare to last year. Last year they made nett profit of $28M after paying additional tax of $12M. This year the results
of plantation should break even or make some small profit as it only plan to plant 600HA additional oil palm while last year they planted over 1000HA. Plus it's palm oil mill should also improve further. It's oil and gas supply base business should also improve now that the Tok Bali supply base is in full service also. Their concession business on the hospital which made $53M last year should maintain it's profit. plus $3.5B contract in hand should kept them busy for the next three to four years. In all their profit should improve and it is great time to but at 42cents which is less than the value of it's plantation asset.

TVT came back to BJCorp to protect his own huge interest. Beside holding 22.8% direct interest in BJCorp himself he is holding 30% BJCorp-WB 2022, 50% BJCorp-WC 2026, 22% 2022 ICULS and 100% 2026 ICULS. unless BJCorp's share price gone beyond $1, he will lose big. Since TVT has a lot of faith in BJCorp so can we. Buy and should reap huge benefit

Helo

AZRB - A star is born. 1) Construction should do well with huge contracts in hand and will get more contract soon. 2) Oil and gas - a longer term gem. 3) Plantation can break even this year (last year lost was $27 M). Property - a newcomer but did well plus Eastern states are new growth areas. 4) concession - 21 years steady income for IIUM Medical Centre.

Can anybody tell me why BJCorp reduce his land value instead of increase them. His 13K acres in Bukit Tinggi, Bentong's net book value from 2008 to 2014 was over $800 M, however in 2015 AR the net book value for the land was only $286 M.

I believe BJ Corp will do very well in the next one to two years. When TSVT put his faith on BJ Corp by swapping BJLand share to BJCorp ICULS with a conversion rate of $1, who am I to go against TSVT. Unless BJCorp's share price increase to at least 70 cents, TSVT is going to lose $170m personally. That's why I believe BJCorp will do well in the next few years. BJCorp's gold mine is in 1) Vietnam's lottery as it will start to report profit soon. 2) Land in Okinawa which will be developed very soon. 3) Huge Net asset value.

WITH IRON ORE CONCENTRATION AND PALLETIZING PLANT NEAR COMPLETION AND IRON ORE MINING IN PLACE,Perwaja is on a transformation path. It may be difficult to recover to the $2.90 IPO price but if everything go well it's share price might recover to $1.5 to $2.00. Go Perwaja !!!!