BERJAYA CORPORATION BHD

KLSE (MYR): BJCORP (3395)

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Last Price

0.315

Today's Change

0.00 (0.00%)

Day's Change

0.32 - 0.32

Trading Volume

4,258,200


43 people like this.

45,454 comment(s). Last comment by Good123 5 days ago

stockraider

31,556 posts

Posted by stockraider > 2020-06-05 12:12 | Report Abuse

Can u guys use your head & think ah ??

Singer will be bought by issuing Bjcorp share at 33 sen when its current share price is 19sen mah...!!

Also Singer is profit making guaranteeing rm 20m per year for 2 years whereas Bjc is loss making mah...!!

How could this be a bad deal leh ??

Eddysurge

2,057 posts

Posted by Eddysurge > 2020-06-05 12:18 | Report Abuse

If this bjcorp have good record of earnings and market share price long terms stable and above expectations, this can be done.

Eddysurge

2,057 posts

Posted by Eddysurge > 2020-06-05 12:21 | Report Abuse

@kahhoeng, no yet, we wanted a replied by any government agencies.

kahhoeng

3,950 posts

Posted by kahhoeng > 2020-06-05 12:52 | Report Abuse

Stockraider, there's no further information of singer available, but a 20 million profit guarantee for a 1.1 billion new shares is surely absurd when a singer is sold at or close to net asset at a heavily discounted bjcorp net asset. If bjcorp net asset not performing, I would rather bjcorp improve efficiency and clean up balance sheet before buying anything, especially when the impact of covid-19 has yet to be known.

kahhoeng

3,950 posts

Posted by kahhoeng > 2020-06-05 13:04 | Report Abuse

Eddysurge, may I know when did you send the email?

Eddysurge

2,057 posts

Posted by Eddysurge > 2020-06-05 13:32 | Report Abuse

No yet

Eddysurge

2,057 posts

Posted by Eddysurge > 2020-06-05 13:33 | Report Abuse

See and look atitude that's Malaysian always did.

Eddysurge

2,057 posts

Posted by Eddysurge > 2020-06-05 13:45 | Report Abuse

I myself a bit surprised when Malaysian a lot of talented, education lawmakers and government agencies surveillance didn't put a word.

stockraider

31,556 posts

Posted by stockraider > 2020-06-05 13:53 | Report Abuse

If u convert 1.1 billion bjc share at 19 sen...u get roughly Rm 200m valuation....Rm 20m profit...is reasonable with a yield of 10% pa mah.....!!

Posted by kahhoeng > Jun 5, 2020 12:52 PM | Report Abuse

Stockraider, there's no further information of singer available, but a 20 million profit guarantee for a 1.1 billion new shares is surely absurd when a singer is sold at or close to net asset at a heavily discounted bjcorp net asset. If bjcorp net asset not performing, I would rather bjcorp improve efficiency and clean up balance sheet before buying anything, especially when the impact of covid-19 has yet to be known.

Leong1982

544 posts

Posted by Leong1982 > 2020-06-05 14:04 | Report Abuse

Pity many retiree uncle auntie, hard-earned money continue to be trapped in BJCorp.
If bought other shares, now can change old toyota corrola to new mercedes already lo

stockraider

31,556 posts

Posted by stockraider > 2020-06-05 14:10 | Report Abuse

VT is trying very hard to do good & make good nowadays...but people get him wrong, due to past track record & reputation mah...!!

The singer deal is one of his positive good attempt mah...!!


Posted by Leong1982 > Jun 5, 2020 2:04 PM | Report Abuse

Pity many retiree uncle auntie, hard-earned money continue to be trapped in BJCorp.
If bought other shares, now can change old toyota corrola to new mercedes already lo

scanluver

1,048 posts

Posted by scanluver > 2020-06-05 14:25 | Report Abuse

The past is the best indicator of the future. stokraider, you related to VT? LMFAO

Leong1982

544 posts

Posted by Leong1982 > 2020-06-05 14:26 | Report Abuse

stockraider, action speak louders than word. today BJCorp 18.5c only.
listen to TY Yap better, sell all lousy stock and buy glove stocks hahaha

Eddysurge

2,057 posts

Posted by Eddysurge > 2020-06-05 14:28 | Report Abuse

I suggest that no need study history class and moral class in Malaysia, can?

stockraider

31,556 posts

Posted by stockraider > 2020-06-05 14:38 | Report Abuse

Why good news down ??

Bcos we bad mouthed VT even he try to do good mah...!!

This self serving condition cause bjc to fall...even good news from kyoto hotel disposal, china great mall arbitration wins in Hk and singer deal at bjc share issue at 33 sen loh...!!

Just stay calm...let bjc unlocked value for us mah...!!

Why despite all the bad of VT publicity ??
Bjc investor refuse to sell leh ?

This is bcos the minority believe the moment they throw the towel, bjc will shoot up mah.....!!

Posted by Leong1982 > Jun 5, 2020 2:26 PM | Report Abuse

stockraider, action speak louders than word. today BJCorp 18.5c only.
listen to TY Yap better, sell all lousy stock and buy glove stocks hahaha

Eddysurge

2,057 posts

Posted by Eddysurge > 2020-06-05 14:57 | Report Abuse

I tell you one truth, I pity you! This platform is investing channel. Company worth a lot, but frightening to evaluation assets. Then, market price only 20cent due to what's? Company cheating public for continuing downgraded the market price.

gangnam

755 posts

Posted by gangnam > 2020-06-05 15:18 | Report Abuse

Lol....Agree with @Stockraider...don't bad mouth Uncle Tan when he's trying to do good mah!

It seems only like only yesterday when Uncle Tan personally introduced Filipino Singer Gigi Villa dressed in a sparkling purple jumpsuit to us during the launching of first MCD in Jln. Bukit Bintang in 1982...

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2020-06-05 15:26 | Report Abuse

Still well supported.

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2020-06-05 16:24 | Report Abuse

All in 0.19

BlackWhite

1,053 posts

Posted by BlackWhite > 2020-06-05 18:44 | Report Abuse

Dropped, taught got positive new

Leong1982

544 posts

Posted by Leong1982 > 2020-06-05 18:51 | Report Abuse

waiting at 18c, please drop more, we will collect slowly hehe

Leong1982

544 posts

Posted by Leong1982 > 2020-06-05 18:53 | Report Abuse

funny to read stockraider's comment, do you think share price went down because of small investors like us??? if Operator want it to be 33 cents, it can be done easily.

stockraider

31,556 posts

Posted by stockraider > 2020-06-05 22:26 | Report Abuse

Thats is the problem loh...!!

Operator mah.....!!

VT is trying hard to do business loh....!!

But the price no moving up, what to do leh?

VT even bought many many million of bjc lately mah...!!

Market does not react upwards loh...!!

What to do leh ??

Posted by Leong1982 > Jun 5, 2020 6:53 PM | Report Abuse

funny to read stockraider's comment, do you think share price went down because of small investors like us??? if Operator want it to be 33 cents, it can be done easily.

stockraider

31,556 posts

Posted by stockraider > 2020-06-05 22:30 | Report Abuse

Allow him/vt to issue bjc at 33 sen to takeover singer mah...!!

At least upgrade of value of bjc from current share price 19 sen to 33 sen .

KWSI7317

102 posts

Posted by KWSI7317 > 2020-06-05 22:52 | Report Abuse

tired see this share trap for years. every day see comment but nothing help share price.boss no feeling cold blooded

chtan33

242 posts

Posted by chtan33 > 2020-06-05 22:54 | Report Abuse

BJ? Berjaya? .... tak berjaya lah , the most failure stock

chtan33

242 posts

Posted by chtan33 > 2020-06-05 23:00 | Report Abuse

the boss is happi with low stock price, but not for the minority. 1 winner, all the rest loser

Posted by ironrobe3388 > 2020-06-06 00:48 | Report Abuse

一将功成万骨枯 。VT is the only winner in his game.

Eddysurge

2,057 posts

Posted by Eddysurge > 2020-06-06 08:16 | Report Abuse

The ampire didn't sound the wisel when there is a faulty done, that's causing he unshamely won.

Eddysurge

2,057 posts

Posted by Eddysurge > 2020-06-06 08:21 | Report Abuse

As a player can only blame and regretly joined the game.

Eddysurge

2,057 posts

Posted by Eddysurge > 2020-06-06 09:06 | Report Abuse

stockraider, you can twist and turn, or share unfounded bold ideas. But public know what they see.

Eddysurge

2,057 posts

Posted by Eddysurge > 2020-06-06 10:16 | Report Abuse

Case 1. Bought bjland 4.31% from Penta, flooded with new issuence bjcorp . Untill now, no witness 0.29cent happen and sustainable. So called illustrated future what's price .Can replace market price ready. Furthermore, the shares buy back can almost or over new issuence shares with 19cents-21.5cent, lowered than 29cent paid by BOD, so called exchange.

gsi723

907 posts

Posted by gsi723 > 2020-06-06 10:25 | Report Abuse

There r many other company where the tauke is willing to share their profit with minority shareholders , why bother BJ, hopeless....

Posted by birkincollector > 2020-06-06 10:31 | Report Abuse

VT will be getting more stingy now that more cucu popping out so he has more mouths to feed in the huge family.....he said already mah..everything for sale except family...

OceanSky

129 posts

Posted by OceanSky > 2020-06-06 11:23 | Report Abuse

To those saying buying Singer RM388 million with share swap of 1,175 million BCorp shares is good offer.
Allow us to suggest another mode, pay Singer with cash term.

However please note that the buying price was at PE ratio 19.8, which was very much at high side.
It is not an good offer to BCorp.

OceanSky

129 posts

Posted by OceanSky > 2020-06-06 11:24 | Report Abuse

What Kahhoeng said is right.

Stockraider, there's no further information of singer available, but a 20 million profit guarantee for a 1.1 billion new shares is surely absurd when a singer is sold at or close to net asset at a heavily discounted bjcorp net asset. If bjcorp net asset not performing, I would rather bjcorp improve efficiency and clean up balance sheet before buying anything, especially when the impact of covid-19 has yet to be known.

Why so hurry???

stncws

10,711 posts

Posted by stncws > 2020-06-06 13:44 | Report Abuse

VT TALK COCK FOR UMOBILE LISTING SINCE 2015...MAYBE HE REVERSE TAKE OVER REDTONE XOX?!

stncws

10,711 posts

Posted by stncws > 2020-06-06 13:51 | Report Abuse

LEONG1982
RETAILER POWER IS STRONG..!

KWSI7317

102 posts

Posted by KWSI7317 > 2020-06-06 15:22 | Report Abuse

vt say, difficult la, treat it left ear in weight ear out. dont take his word seriously. high hope high dissapointed. he all the time talk sweet sweet, self talk self pleasure.

KWSI7317

102 posts

Posted by KWSI7317 > 2020-06-06 15:26 | Report Abuse

from this stock experience, select boss background is one criteria that bever miss in investing.

KWSI7317

102 posts

Posted by KWSI7317 > 2020-06-06 15:56 | Report Abuse

give high and long hope is vt tactic to shareholder.

chtan33

242 posts

Posted by chtan33 > 2020-06-06 19:01 | Report Abuse

nobody believe him nowadays....if he has been truthful and sincere to shareholders, the company won't be priced at such valuation.

Morewin

244 posts

Posted by Morewin > 2020-06-06 19:29 | Report Abuse

right! think why he needs 2 days suspension to make it more dramatic just to draw everybody's attention? to the announcement of a non binding Mou? Just to make everyone hot under the ears aided by machais in the forum?

think out off the box guys..may just turns out like most of his proposals which never sees the light? it will be most interesting after June 20 when SC decides on the fate of BJMedia? thought Singer was supposed to be the white knight?

kahhoeng

3,950 posts

Posted by kahhoeng > 2020-06-06 22:30 | Report Abuse

A genuine tycoon does not need to create a never see the light proposal... Just show the profits and dividend and he'll win minorities support and appreciation

Eddysurge

2,057 posts

Posted by Eddysurge > 2020-06-06 23:36 | Report Abuse

What so interesting after June 20? My sympathy and sad seeing incapable BOD of bjmedia using the trust of IPO platform to create a never sees lights proposal until needs SC decide the fate .

Eddysurge

2,057 posts

Posted by Eddysurge > 2020-06-07 12:55 | Report Abuse

My bottom heart telling me that bjcorp may triggered or violates Malaysia Company Act when Lydia replied that non binding MOU will be proceed. But looks back nobody bringing out Company Act or any leakages at legal system. The price The bjcorp Board of Directors or Auditors set up 0.33 cents is what price & how they formulated? @kahhoeng, Sslee, Oceansky you know?

stockraider

31,556 posts

Posted by stockraider > 2020-06-07 15:03 | Report Abuse

The reporter says singer is purchase at PE 20x....raider think it is purchase at a reasonable price of PE of 11.5x taking in consideration VT willing accept bjcorp as a settlement at a premium of 33 sen compare to current market price of 19 sen.

If VT is dishonest he can ask bjcorp to issue share at 17.5 as settlement of singer deal instead of 33 sen mah...!!

In a way VT do care for minority loh....!!

If pay singer in cash like Ocean at Rm 388m....it is real sohai in bjcorp part mah...!!

If u can settle using bjcorp scrip at premium 33 sen why part with the precious cash leh ??

If u willing to settle in cash of Rm 388m...VT will jump will joy mah..!!

The minority shareholders will be the public laughing stock of sohai loh...!!

Posted by OceanSky > Jun 6, 2020 11:23 AM | Report Abuse

To those saying buying Singer RM388 million with share swap of 1,175 million BCorp shares is good offer.
Allow us to suggest another mode, pay Singer with cash term.

However please note that the buying price was at PE ratio 19.8, which was very much at high side.
It is not an good offer to BCorp.

Posted by OceanSky > Jun 6, 2020 11:24 AM | Report Abuse

What Kahhoeng said is right.

Stockraider, there's no further information of singer available, but a 20 million profit guarantee for a 1.1 billion new shares is surely absurd when a singer is sold at or close to net asset at a heavily discounted bjcorp net asset. If bjcorp net asset not performing, I would rather bjcorp improve efficiency and clean up balance sheet before buying anything, especially when the impact of covid-19 has yet to be known.

Why so hurry???

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