This is a really interesting revelation by the mouth of TSVT himself:
" Personally, I think if you do the sum-of-parts valuation on BCorp, it can be worth RM3.85 to RM4.57 a share… so I could be worth many dollars more. Personally, I think it will get there over time, especially when Cosway delivers." By Vincent Tan
Calvin thinks Bj Corp at fair value of Rm3.85 to Rm4.57 was stated by TSVT in year 2010 (7 years ago)
Since Bj Corp owns lots of Prime Prime Lands in Bkt Tinggi, Selangor, Batu Pahat & other strategic areas they have appreciated manifold by now in the Real Estate surge in Malaysia.
The actual value of Bj Corp is much much more now.
Since Mr. Market does not recognize the Deep Value in Bj Corp this is the best of time to add more Bj Corp every month & year for a long term investment.
I see ks55 a poorman who is expert in cutting loss. Mulpha, Puncak, Plenitude what else? Only have underpants but no more money so can only talk cock here.
Posted by ks55 > May 1, 2017 12:14 PM | Report Abuse The problem is VT just like KKP, WC, CLK. Lost confidence of investors. Just equate VT with all red chips. What are the similarities? If you don't trust red chips account, you will not buy VT's counters...........
Very interesting article. He delisted cosway and pay 400 million because it is undervalue. Will he do the same to bjcorp. Now price is 35c, he can offer 40c n delist it. He own 53%. If that happen, minority are screwed.
possible, this fella not a good person, saying he will donate much of his fortune, I bought toto 4d,5d,6d,toto games and lost hundreds of thousands and never strike also.donate some for the punters he also so kedekut. maybe he will takeover at 38cts give shareholder 10% premium lah since he's a scrooge
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....
calvintaneng
56,898 posts
Posted by calvintaneng > 2017-05-01 11:45 | Report Abuse
This is a really interesting revelation by the mouth of TSVT himself:
" Personally, I think if you do the sum-of-parts valuation on BCorp, it can be worth RM3.85 to RM4.57 a share… so I could be worth many dollars more. Personally, I think it will get there over time, especially when Cosway delivers." By Vincent Tan
Calvin thinks Bj Corp at fair value of Rm3.85 to Rm4.57 was stated by TSVT in year 2010 (7 years ago)
Since Bj Corp owns lots of Prime Prime Lands in Bkt Tinggi, Selangor, Batu Pahat & other strategic areas they have appreciated manifold by now in the Real Estate surge in Malaysia.
The actual value of Bj Corp is much much more now.
Since Mr. Market does not recognize the Deep Value in Bj Corp this is the best of time to add more Bj Corp every month & year for a long term investment.