Lol...many short sellers from Inter-Pacific Securities will be in for a surprise from the Market soon..
btw the fraud in Vietnam was discovered in 2011..more than 6 years ago..with BJcorp's record efficiency in providing for impairments as compared to announcement of gains for sale of assets, very sure BJcorp’s subsidiary, Inter-Pacific Securities would have provided for contingent liabilities for possible losses in it's account many years ago..anyway the share of loss if it materialise is only 49% of 10 million..as SBBS (Vietnam) is only a 49% subsidiary of BJcorp's subsidiary, Inter-Pacific Securities..

"SBBS' Yei said her company had 210 billion dong deposited at VietinBank at the end of August 2011, and was shocked when two months later just 1 percent of the money remained. She said she has spent the intervening years trying to recover the funds and that SBBS and four other victims brought the latest appeal."

"Berjaya Corporation Berhad (BCorp) on Friday announced its inroads into the Vietnamese financial market by launching a joint-venture stockbroking firm known as SaigonBank Berjaya Securities Joint Stock Company (SBBS), a newly licensed stockbroking company in Vietnam. BCorp’s subsidiary, Inter-Pacific Securities Sdn Bhd, owns a 49% stake in SBBS and Ky Hoa Tourism and Trading Company Limited (Ky Hoa Co) has 13%, the Saigon Bank for Industry and Trade 11% and about 90 Vietnamese individual shareholders owning the remaining 27%. SBBS has a Charter Capital of VND300 billion (US$18 million) and is fully licensed in all areas of securities trading and securities-related businesses. Ky Hoa Co has over 25 years experience in the hospitality industry and is owned by the Ho Chi Minh City’s Communist Party Committee. Saigon Bank for Industry and Trade was established in 1987 and is one of the fi rst joint stock commercial banks in Vietnam. It has a network of 62 branches and sub-branches and a staff force of 1,227. Inter-Pacific Securities Sdn Bhd has over 500 dealers, remisiers and staff operating in six locations across Malaysia."
https://www.berjaya.com/media-coverage/2009/190109_thesun2.html
https://www.thestar.com.my/business/business-news/2018/05/29/vietnam-set-to-make-key-ruling-on-countrys-biggest-ever-fraud-case/

Lol...some ideas for MOF

"Malaysia Finance : Deconstructing Malaysia Debt – Legalising Sports Betting and Gambling Will Generate Additional RM 15 Billions A Year"
https://thecoverage.my/news/malaysia-finance-deconstructing-malaysia-debt-legalising-sports-betting-gambling-will-generate-additional-rm-15-billions-year/?utm_source=englishsite&utm_medium=notification&utm_campaign=autopush

Lol...Indonesia has done it..will Tun M & YB Lim do it asap?

"Indonesia tax amnesty nets USD$330 bln - now for reform"
https://www.cnbc.com/2017/03/21/indonesia-tax-amnesty-nets-330-bln--now-for-reform.html
https://www.goldinglawyers.com/federal-tax-amnesty-how-to-legally-report-your-foreign-money-to-the-irs/
http://www.zimra.co.zw/index.php?option=com_content&view=article&id=2722:tax-amnesty-2018&catid=5:notice&Itemid=7

Lol...so many new players coming out of the woodwork trying hard to influence dumping with negative views or say bad things about the boss.. means something is cooking by syndicate or Vt? experienced this phenomena.. when Priceworth was making losses and only worth 9 sens then..

Lol...that's what they said about Pentamaster in June 2014...how I wished I bought some at 30 sens then..

Lol...good news for Vt soon?

https://thecoverage.my/news/tun-dr-mahathir-mohamad-claimed-found-ways-wipe-rm200-billion-countrys-debt/?utm_source=englishsite&utm_medium=notification&utm_campaign=autopush

Lol...good news coming soon for BJ group from Vt's best friend? n here's the hint
"Lease payments for public-private partnerships RM201.4 billion"

Prime Minister Dr Mahathir Mohamad believes that he has found ways to reduce the national debt to about RM800 billion from the current RM1 trillion.
https://www.malaysiakini.com/news/426917
http://malaysiansmustknowthetruth.blogspot.my/2018/05/dr-m-has-plan-to-pare-debt-by-20-pct.html

Lol..cheaper than tofu n my eggs...

Lol...go..go..gooo!...RM6.7 million @30 sens done and counting..Vt must be very Bz shuffling his shares around from deemed to direct interest before announcement?

Lol...dow futures currently up 66 points to 24,869.00 & bursa also up 18.89 points today..as YB Lim has clarified on the actual debts & commitments and mentioned that Malaysia's economy is fundamentally strong with ample liquidity..once Vt announce the vietnam property sales in due course..1st tp is 42 sens followed by 60 sens and so on...

"He emphasised that the fundamentals of the economy remained strong and that the financial sector was stable, the banking sector was well-capitalised and there was sufficient liquidity in the market."

https://www.thestar.com.my/business/business-news/2018/05/25/total-national-debt-now-80-of-gdp/
https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-splunk-veeva-ross-in-buy-zones-earnings-late/

Lol...Dow futures currently up 66 points to 24,869.00 & Bursa also up 18.89 points today..as YB Lim has clarified on the actual debts & commitments and mentioned that Malaysia's economy is fundamentally strong with ample liquidity..once Vt announce the Vietnam property sales in due course..1st tp is 42 sens followed by 60 sens and so on...

"He emphasised that the fundamentals of the economy remained strong and that the financial sector was stable, the banking sector was well-capitalised and there was sufficient liquidity in the market."
https://www.thestar.com.my/business/business-news/2018/05/25/total-national-debt-now-80-of-gdp/
https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-splunk-veeva-ross-in-buy-zones-earnings-late/

Lol..after Indonesia even Phillipines and New Jersey, USA think it's a good idea to raise revenue and improve the credit rating of the country..Malaysia with a pro active PH government should implement it asap..

"Taxes collected 'illegally' in BN's time will be returned, promises Dr M"
https://www.malaysiakini.com/news/424644
http://www.thesundaily.my/news/2018/05/16/gst-rate-reduced-zero-june-1-tun-mahathir
http://bworldonline.com/house-panel-targets-early-march-approval-tax-amnesty-measure/
https://www.njbia.org/tax-amnesty-plan-proposed-by-assembly-speaker/

Lol...just wait for PH Government to declare a tax anmesty like Indonesia then Vt will bring back all his Billions asap...in the meantime just collect Berjaya counters and wait for the good news..

Indonesia tax amnesty brought back US$360 billion.. as for Malaysia...Bizman can bring back at least USD720 Billion? very sure Robert Kuok will start the ball rolling soon..Vt will follow suit?
http://www.freemalaysiatoday.com/category/world/2017/04/01/late-rush-to-join-indonesia-tax-amnesty-after-us360-billion-declared/
http://www.thesundaily.my/news/2017/04/28/consider-tax-amnesty-instead-imposing-harsher-penalties-irb-told
https://www.thestar.com.my/business/business-news/2017/05/06/a-forgiving-way-to-boost-revenue/

Lol...just wait for PH Government to declare a tax anmesty like Indonesia then Vt will bring back all his Billions asap...in the meantime just collect Berjaya counters and wait for the good news..

Indonesia tax amnesty brought back US$360 billion.. as for Malaysia...Bizman can bring back at least USD720 Billion? very sure Robert Kuok will start the ball rolling soon..Vt will follow suit?
http://www.freemalaysiatoday.com/category/world/2017/04/01/late-rush-to-join-indonesia-tax-amnesty-after-us360-billion-declared/
http://www.thesundaily.my/news/2017/04/28/consider-tax-amnesty-instead-imposing-harsher-penalties-irb-told
https://www.thestar.com.my/business/business-news/2017/05/06/a-forgiving-way-to-boost-revenue/

Lol...good start as malaysia's current account balance recorded a higher surplus of rm15.0 billion in q1 2018, once the rm2.4 billion from vietnam property sales by BJland comes, the surplus will be even more!
https://www.dosm.gov.my/v1/index.php?r=column/cthemeByCat&cat=86&bul_id=VVBtMFU1endmUURFQjQybDFiQk9DUT09&menu_id=azJjRWpYL0VBYU90TVhpclByWjdMQT09

Lol...malaysia's current account balance recorded a higher surplus of rm15.0 billion in q1 2018, once the rm2.4 billion from vietnam property sales by BJland comes, the surplus will be even more!
https://www.dosm.gov.my/v1/index.php?r=column/cthemeByCat&cat=86&bul_id=VVBtMFU1endmUURFQjQybDFiQk9DUT09&menu_id=azJjRWpYL0VBYU90TVhpclByWjdMQT09

Lol...early bird gets the 'worm', once announced no more cheap..

"The money Vinhomes used to buy Berjaya’s two long-delayed projects may be part of the $1.3-billion investment that it received from GIC Private Limited. Vinhomes Imperia project in Haiphong According to newswire Cafef, Vinhomes, Vietnam’s leading real estate management company and the property management arm of Vingroup, signed an agreement with GIC. Accordingly, GIC will pour $1.3 billion into Vinhomes by buying part of Vinhomes’ stakes and by supplying a loan to help Vinhomes develop its projects.

The agreement came into effect on April 12, 2018. The information comes after Vingroup released that through Vinhomes it has recently acquired two long-delayed projects from Malaysian Berjaya Corporation. Notably, Vinhomes has completed the purchase of a 97.7 per cent stake in Berjaya Vietnam International University Township One Member LLC and Vietnam Berjaya Financial Centre. The first deal was VND11.75 trillion ($515.6 million) in value, while the capital contribution to Berjaya Financial Centre this March exceeded VND2 trillion ($89 million), which is equivalent to 67.5 per cent."

Lol...time to buy more Bjland as Tun M just named himself Minister of Education...maybe Vt can get some projects to build hostels and schools by BJland property division and get approval to offer new university courses under BJcorp education division offering Computer Science, Software & IT automation etc. in line with latest Industrie 4.0 push?

https://www.thestar.com.my/news/nation/2018/05/17/new-cabinet-dr-m-to-be-education-minister/
http://www.berjaya.com/education.html

Lol...breaking news "Dr M instructs gov't to halt GST, impose fixed petrol price" should be good for BJland for it's immediate bottomline for property, hotel & leisure and lottery and gaming business?
https://www.malaysiakini.com/news/425249

Ron 95 pegged at RM2.20 per litre and Ron 97 pegged at RM2.47 per litre...Diesel RM2.18 per litre any price increase to be subsidised by Govt...just like currency peg of RM3.80 to 1 USD in 1998?
https://malaysiafreebies.com/petrol-price-malaysia/

Lol...since BJcorp & BJland is same price of 33.5 sens today..for those who already sold BJcorp better switch to BJland just like Rakyat switch from BN to PH! as syndicate is still collecting BJland since the shares are limited as 78% held by Vt? before the great push since BJland has not moved much compared to Bjcorp earlier since Vt is still busy with national duty..once the RM2.4 billion Vietnam property sales and RM1.3 billion unbilled Malaysia Property sales is confirmed by Vt..u won't get it this cheap anymore..as Vt already started to accumulate BJland again on 8 May one day before election?

Btw how come buyers queue suddently spiked up 100% to 966,100 only just now, Vt buying again today?

Lol...only 5% Irredeemable Convertible Unsecured Loan Stocks 2012/2022 of RM1.00 nominal value each.not mother shares..

But it's interesting that the 34.331% Indirect/deemed interest is as follows:

A) Total deemed interest pursuant to Section 8 of the Companies Act 2016:-

Deemed Interest No. of Shares
------------------------------ --------------------------
B & B Enterprise Sdn Bhd 5,880,000
HQZ Credit Sdn Bhd 3,682,000
Lengkap Bahagia Sdn Bhd 1,000
Nautilus Corporation Sdn Bhd 23,000
Hotel Resort Enterprise Sdn Bhd 66,329,000
Nostalgia Kiara Sdn Bhd 1,250,000
Desiran Unggul Sdn Bhd 159,000
Sublime Cartel Sdn Bhd 23,750,000
Superior Structure Sdn Bhd 19,351,000
Gemtech (M) Sdn Bhd 3,066,700
----------------------
123,491,700
B) Indirect interest held through children 100,524,749
-------------------------
224,016,449
==============

Lol...time is the essence...very sure Vt will make his move sooner or later...anyway it's good to weed out the contra and weak players already..

One or two years more, then Anwar can take over, says Dr M
Bloomberg | May 15, 2018
The prime minister says Anwar, set to be released tomorrow, can in the meantime be part of his Cabinet.
http://www.freemalaysiatoday.com/category/nation/2018/05/15/one-or-two-years-more-then-anwar-can-take-over-says-dr-m/

Lol...for those who missed out on BJ group rally yesterday..it's time to load up on BJland before it starts moving..

1. In terms of land bank, much of Berjaya Land’s existing land lies in Berjaya Hills, spanning 14,000 acres (5,665.6ha). Another 2,000 acres in Selangor are held by its subsidiary BerjayaCity Sdn Bhd.
It also has small pockets of land in Seputeh, Bukit Jalil and Penang. Good for 2nd Casino and hotel resort development?

2. Scrapping of GST will be good for BJland with RM1.3 billion of unbilled sales, another RM650 million sales from Ritz-Carlton, not counting the RM2.4 billion from Vietnam Property sales, RM600 million from Great Mall China, Jeju Land Korea Compensation, Okinawa Property Development etc.
http://www.theedgemarkets.com/article/berjaya-land-targets-rm1b-sales-annually
http://www.focusmalaysia.my/Property/berjaya-land-s-tall-order

Lol..it I am..Vt it pays to be an unsung hero...
https://www.youtube.com/watch?v=9kOAHjd0DpE

Lol..come Monday all ahjib cronies shares will limit down and Vt shares limit up!

Always remember "The stock market is a device for transferring money from the inpatient to the patient" - Warren Buffett

Lol..now that Tun M has said it...Vt and other tycoons will bring back funds from overseas to push up the value of the stock market and the spring on BJgroup shares will be released soon?

gangnam Lol...every day cried wolf on Vt...so when the real thing comes nobody realise it?
03/05/2018 17:51

KUALA LUMPUR: Dr Mahathir Mohamad assured he would lead a business-friendly administration and seek ways to boost Malaysia’s stock market in his first remarks after being sworn in as prime minister. “Our concern over the economy is the main thing,” Mahathir told reporters. “We would like to tell the business people to push up the value of the stock market."
https://theworldnews.net/my-news/mahathir-reassures-business-aims-to-boost-stock-market

Lol...why did Vt disposed 100,000 shares in BJCorp on the 3 May 2018...to trap shorters or what?

http://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=3395

Lol...every day cried wolf on Vt...so when the real thing comes nobody realise it?

Lol...everybody suddently dumbstruck?

Dow futures indicate more than 350 point drop at market open after Trump threatens more tariffs on China!
https://www.cnbc.com/2018/04/05/dow-futures-indicate-more-than-400-point-drop-at-market-open-after-trump-threatens-more-tariffs-on-china.html
http://thehill.com/policy/finance/381911-dow-futures-drop-after-trump-threatens-new-tariffs-against-china

In times of uncertainty...Cash is King!

Don't forget to add sambal belancan...once Donald Duck opens his mouth again...Dow Futures might tank again?

Vt's testing the truth today?

Lol...must be doing charity on behalf of Vt?

Lol... since Vt's so charitable with Cardiff fans. Will Vt be equally charitable with BJ fans? As every sen pressed down will cost BJCorp paper loss of only rm40,000,000! as 80% owner of BJLand.
1 sens rm40M
5 sens rm200M
10 sens rm400M
Soon NAPS left only rm900M. No need to borrow RM3B. RM 1.8B is good enough to privatise BJCorp...

Lol...Vt already doing charity for minority by keeping BJ group shares undervalued n affordable mah!

Lol...Bjland Profit for the period rm35,830,000

but (loss) attributable to ordinary equity holders of the parent -rm8,984,000

since Bjland is a subsidiary of Bjcorp, it must be the parent company

Vt works his magic again since Profit attributable to Non-controlling interests rm44,814,000

tt101 Aiyo, i dun know how to read the qr

Profit/(loss) for the period 35830K

Profit/(loss) attributable to ordinary equity holders of the parent -8984K

Basic earnings/(loss) per share (Subunit) -0.18

what does this mean hah - Profit/(loss) attributable to ordinary equity holders of the parent ?

park at rm12 see can get?

Corrections...someone's collecting before the storm?...hint Pharma already up 0.23 cents 2day..:)

Worst is over...so time to collect?

Yesss...go for long term...:)

Its now or later?... :)

http://www.thestar.com.my/News/Nation/2015/07/02/Worst-is-over-for-the-ringgit-Fitch-revises-countrys-outlook-from-negative-to-stable/

Needs more kurma? 4 energy boost...:)

what it basically means is chances of rebound is better than reversal...hence good time to enter before it's too late :-)

Ya..ya..just a temporary set-back...have to rebound sooner or later.. as short sellers will need to cover their positions..

Nice closing @ 0.535...next week should move higher...:)

Quote"Hovid may climb further after a potential breakout from the “Symmetrical Triangle” pattern and MYR0.51 level. Traders may buy, as a bullish bias could be present above this level, with a target price of MYR0.555, followed by MYR0.60."

Vsolar (core activities are solar renewable energy business).and Kanger (large-scale manufacturer and innovator of all types of electronic personal vaporizers) are from ACE market...while Hovid is from Main market and in recession proof medical products...you are comparing apples with oranges...:)

Yes...munching popcorns waiting for show to begin...:)

http://www.theedgemarkets.com/my/article/positive-outlook-hovid-rich-valuations

cheers..still steady..

Quote" Recognising the importance of a healthy population towards building a competitive, efficient and productive nation, the government is emphasising healthcare under the second strategic development trust of improving well-being in the 11th Malaysia Plan from 2016 to 2020. It builds upon the 10th Malaysia Plan from 2011 to 2015 which has been focusing on restructuring the national health system to improve its effectiveness, efficiency and fairness in order to ensure universal coverage of the population’s healthcare needs.

Healthcare expenditure is expected to grow at an annual rate of 6.5% and will reach MYR11.3 billion in value by 2018. Malaysia’s current healthcare expenditure as a percentage of GDP is approximately 3.3% according to the Director-General of Health. Therefore, the industry has tremendous growth potential waiting to be tapped upon. This is reflected in the theme of “Malaysian Healthcare: Trends, Opportunities & Challenges.”

http://www.asli.com.my/?p=past-events/healthcare-forum-2015#.VWKb3NKqqko

http://www.asli.com.my/uploads/20150302162511_Healthcare%20Forum%202015_020315.pdf

UPDATE 2-Malaysian economy grows 5.6 pct in Q1, current account surplus widens to 10 billion RM!...should be good for Hovid's Biz in the coming Qtr?

"Data released on Friday showed the surplus bounced back to 10 billion ringgit in the first quarter from a revised 5.7 billion ringgit in the previous quarter."

http://www.reuters.com/article/2015/05/15/malaysia-economy-gdp-idUSL3N0Y455N20150515