Posted by stockraider > 2020-06-10 11:05 | Report Abuse

The whole Bjc market cap is less than Rm 1b, it is damn cheap mah...!!

Vt is squeezing the rest of the weak holders and sellers of bjc dry, in order to engineer a fast & furious sharp upwards rebound later mah...!!

Singer is part of the positive contribution to the overall scheme of things of revival of bjc mah....!!

Ask yourself if VT plan to be very evil, he can always issue bjc share at 17.5 sen instead of 33 sen to buy singer ...if he is so bad as said and perceived, why VT do not do that leh ?

The long run overall intention of VT is good, u need to let his plan run thru, b4 bjc can go for a healthy sharp sustainable rebound mah...!!

Posted by Eddysurge > 2020-06-10 11:10 | Report Abuse

The mechanism using is only through balance sheet valuations not market price to accept the Singer bail out. Furthermore, can't see any necessity to do so.

Posted by Eddysurge > 2020-06-10 11:14 | Report Abuse

Please look back at bjland now!

Posted by gangnam > 2020-06-10 11:33 | Report Abuse

Lol...Chill Bro! lunchtime edi...why breath hot & cold when only Mou? Let's wait more details in coming qtr report and Singer Transaction Agreement to be negotiated & finalized within 3 months time?

Posted by Eddysurge > 2020-06-10 11:44 | Report Abuse

The BOD that I concerned with this called Mou?

Posted by fogjan01 > 2020-06-10 11:55 | Report Abuse

Hello, jutawansaham...aha

Posted by Jeffreyteck > 2020-06-10 12:10 | Report Abuse

Still strong support.

Posted by scanluver > 2020-06-10 13:59 | Report Abuse

Very observant of you. You'll know something is off when all these VT macais starts singing praises and spamming this thread :D

berry BJCORP shareholders need to WAKE UP!!!
Whatever BJ XYZ companies- once they started to make consistent profits, Vincent Tan will Take them private.. golden goose.. sendiri mahu..
Not making profit companies...public shareholders will share the pain n loss!

Posted by wantanmi > 2020-06-10 14:27 | Report Abuse

Yup! Very true...BJLand already making profit of RM144.18 million, once RM650 million received from Beijing SkyOcean...all impairments on sale of GMOC earlier will be written back as gains in the next few Qtrs to show more profit...Also compensation from Jeju Korea is a matter of time this year. Reason why VT wants to increase his direct shares from 24% to 34% or more in BJCorp by selling Singer is to benefit more when he takes BJLand private...golden goose...sendiri mahu..

Posted by kahhoeng > 2020-06-10 15:37 | Report Abuse

wantanmi, VT owns 49+% of BJCorp, NOT24%, and it's over 52% if the shares bought back are cancelled.

VT's name is dirty and bad now, I think. I am worried there aren't many fund managers willing to take a long term investment perspective with his companies...

Posted by wantanmi > 2020-06-10 16:42 | Report Abuse

Yup! If you look at latest report dated 9 March 2020 below:
https://pasteboard.co/JcpHboY.png

VT owns direct shares of 24.7% in BJCorp, if includes indirect shares from VT controlled companies, he may have more than 50%. If Singer sale is successful, he may increase his direct shares to more than 35% and if including indirect shares from other VT companies after the sale, he may control more than 62%?

Posted by 888STOCK888 > 2020-06-10 17:17 | Report Abuse

He wants to privatise BJCORP too?

Posted by noah > 2020-06-10 19:15 | Report Abuse

i though he is now doing good by joinig tzu chi?

https://www.youtube.com/watch?v=hsW4MQBfEOE

"Businessman is committed to others"

Posted by KWSI7317 > 2020-06-10 19:30 | Report Abuse

doing good not for minority

Posted by Good123 > 2020-06-10 19:36 | Report Abuse

bjcorp, just a platform for VT to Jual Beli private companies? :p

Posted by Good123 > 2020-06-10 19:37 | Report Abuse

swap here swap there, pay tiny dividend and then right issue to take back the cash, correct?

Posted by Good123 > 2020-06-10 19:37 | Report Abuse

don't think there is any significant institutional funds in bjcorp? correct me if Salah?

Posted by KWSI7317 > 2020-06-10 19:43 | Report Abuse

huge lesson learn, never thought has such of comany. no direction since buying it. hope came from our heart, but destroy by vt action when see what he did to us.

Posted by Good123 > 2020-06-10 21:26 | Report Abuse

build hotel in Japan, sell , then build another one? :)

Posted by Good123 > 2020-06-10 21:27 | Report Abuse

suka suka use BJCORP's cash to buy bjfood, bjasets, bjland, 7-11 shares, etc. takda Wang untuk dividend

Posted by Good123 > 2020-06-10 21:30 | Report Abuse

bjcorp has no vision... like a rojak.. building n selling hotel in Japan, nothing much

Posted by ocpd > 2020-06-11 00:20 | Report Abuse

Berjaya is just a piece of shit. Just use all their services, 7-11, hotels, Mazda, Papparich, etc. you will know they all suck big time.

Posted by berry > 2020-06-11 10:52 | Report Abuse

Vincent Tan seems using public shareholders money to fatten his or his family wealth.. should be queried n kicked out from Bursa.

Posted by Douduo > 2020-06-11 11:07 | Report Abuse

As long there is foreign selling, Berjaya will drift lower & lower even with shares buyback. A very simple theory, all investors want some return from what they invested. So, if a company doesn't give you anything, for no reason for you to hold on and support them anymore.
So, trade along with them to get something back. World is changed after 202

Best don't touch unless you have enough to buy the whole company... VT has already shown us what he can do, NO dividend, NO price support if he's not buying, and who knows what investment strategy that minorities ONLY assured one thing so far, not getting a cent of dividend!

Posted by Eddysurge > 2020-06-11 13:16 | Report Abuse

@ dear Douduo, why foreigners selling? Foreigners investors also same as us. Why drift lower & lower? This is the tactical approach and concerned less to integrity, responsibility. The government surveillance agencies have role to protect against unfairness and manipulation. As a layman also felt like value trap. Why value trapped? This bjcorp many said value RM 5 above, but boss showing lagging towards profits as news spread heard.exp, sensational new, but all flunk.

Posted by Douduo > 2020-06-11 14:52 | Report Abuse

Yes sell and run,
They will sure make use of their profit to buy their boss non-profitable company such as Singer. For those minor share holders end of the day get nothing, either from the dividend or the share prices itself.
VT will make promises every years to entertain you all, made you all happy and keep the share and start dreaming day and night that some days later will get some good returns.

Posted by Jeffreyteck > 2020-06-11 15:28 | Report Abuse

Still well supported. VT is good to create loyalty investors.

Posted by Eddysurge > 2020-06-11 15:31 | Report Abuse

The minority already starting get use for the situation. Just nonsense rules and practices are being uses, quite annoying and uncomfortable when all deals and attempts is adversely affecting interest of investment policy, government surveillance agencies seems like nothing action.

Posted by gangnam > 2020-06-11 16:32 | Report Abuse

Lol...Save ur breathe Bro...let's wait for coming Qtr report...should be out by 2molo?

Posted by shortinvestor77 > 2020-06-11 17:02 | Report Abuse

Ah! Cannot go down whole other counters go down.

Posted by Good123 > 2020-06-11 17:50 | Report Abuse

sudah immune to BJ news. no impact now

Posted by Paulnga > 2020-06-12 08:39 | Report Abuse

Compare with VT’s good friend Top Glove MR Lim, (generously give 10 sen dividend) VT is only jagung man!

Posted by scanluver > 2020-06-12 13:31 | Report Abuse

Still longing for a dividend payout? Perhaps, after the sale of Berjaya Tioman Resort.....

https://www.freemalaysiatoday.com/category/nation/2020/06/12/berjayas-...
12/06/2020 1:31 PM

Posted by Bettyem > 2020-06-12 14:24 | Report Abuse

政府批准建造新机场后，是Berjaya无需人员费用即可重新开发度假村的最佳时机吗？

https://www.nst.com.my/news/nation/2019/11/535771/tioman-airport-project-gets-go-ahead

Posted by wantanmi > 2020-06-12 14:48 | Report Abuse

Yup! Govt approval for building of new airport is a major catalyst for major redevelopment of Berjaya Tioman Resort with present emphasis by Govt to revitalize economy through local tourism now that people can't travel overseas...

Posted by MarketTechnicals > 2020-06-12 14:50 | Report Abuse

DSONIC- After Gap down it respected to monthly support level 1.210, explore more about it with us. Drop your number in comment box.
or contact us infor@marketstechnical.com

Posted by MarketTechnicals > 2020-06-12 14:52 | Report Abuse

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Topic: Winning Stocks in SGX/KLSE after Covid19
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Posted by scanluver > 2020-06-12 16:20 | Report Abuse

What major redevelopment? Berjaya Tioman Resort is closing shop! Wake up, man!

wantanmi Yup! Govt approval for building of new airport is a major catalyst for major redevelopment of Berjaya Tioman Resort with present emphasis by Govt to revitalize economy through local tourism now that people can't travel overseas...

Posted by 888STOCK888 > 2020-06-12 16:40 | Report Abuse

Special dividend coming

Posted by wantanmi > 2020-06-12 16:42 | Report Abuse

Yup! The redevelopment of the Resort & building of new Tioman airport with approval already obtained from Govt. can make it into another potential Langkawi benefitting Berjaya Group ...

Read the official announcement from BJCorp..

"Berjaya Tioman Resort's management today said that the over 50-year-old resort will cease operations from June 15, hit by the Covid-19 outbreak and to make way for a redevelopment on site.

"It is with a heavy heart to announce that Berjaya Tioman Resort will cease operations with effect from June 15, 2020, due to the unprecedented Covid-19 pandemic which has adversely impacted the tourism industry.

"Throughout this closure, the management will embark on a much-needed major redevelopment to revitalise the resort, which is more than 50 years old," it said in a statement.

The resort management also said that a retrenchment exercise will be carried out to cut cost.

"Upon completion of the redevelopment exercise, the management will consider offering new employment opportunities to all our affected employees,"

https://www.thesundaily.my/local/tioman-airport-project-awaits-final-approval-by-state-govt-berjaya-founder-YX1451331

Posted by Jeffreyteck > 2020-06-12 17:51 | Report Abuse

Strong support remains.

Posted by Sslee > 2020-06-12 19:08 | Report Abuse

For your attention:
https://klse.i3investor.com/blogs/Sslee_blog/2020-06-12-story-h1508759077-Justices_for_minority_shareholders.jsp

Posted by kahhoeng > 2020-06-12 19:20 | Report Abuse

Thanks, sslee

Posted by scanluver > 2020-06-12 19:45 | Report Abuse

Sslee, you da man! Is it me or you look a lot like CYF? :D

Posted by Paulnga > 2020-06-12 21:51 | Report Abuse

All the good news if come by Berjaya Group, it become bull shit news!

Posted by Leong1982 > 2020-06-15 11:31 | Report Abuse

Will Berjaya Land get back the compensation from China this week?
We minor and poor shareholder are also entitled to know la

Posted by scanluver > 2020-06-15 13:34 | Report Abuse

Left pocket, right pocket magic trick. Enjoy the show :D

Posted by bbc99 > 2020-06-15 13:37 | Report Abuse

Nice chart.

Posted by Leong1982 > 2020-06-15 20:05 | Report Abuse

2moro can defend 18.5c or not?
boss please help la

Posted by kcgiap > 2020-06-15 20:16 | Report Abuse

Q3 reported profit Rm 443m, no dividend for minority share holder..