BERJAYA CORPORATION BHD

KLSE (MYR): BJCORP (3395)

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Last Price

0.315

Today's Change

-0.005 (1.56%)

Day's Change

0.315 - 0.325

Trading Volume

4,420,600


43 people like this.

45,454 comment(s). Last comment by Good123 3 days ago

Mkttalk

46 posts

Posted by Mkttalk > 2021-06-18 11:35 | Report Abuse

100 day action sounds like forced sale situation! Give a little space for young man to deliver . Don’t think VT simply lepas tangan?

stockraider

31,556 posts

Posted by stockraider > 2021-06-18 11:36 | Report Abuse

Bjcorp now trading at only about 0.3x book value(a 70% discount to true value). If we strip out Bjcorp’s stake in Bjland and Bjtoto, its only 0.2x book value (a 80% discount). The conglomerate’s NTA is at RM1.18(excluding accretion from unlocking various busineses’ value), while current share price only 33sen. This means that there is a potential >400% share price upside if everything goes well for them.

IF PEOPLE WANT TO ACCEPT & LISTEN THEN OK FOR THEM, BUT THEY REFUSE & IGNORE, THEN NO NEED TO HARD UP FOR THEM MAH!

ANYHOW ALL THE BJCORP SUPPORTERS & MACAIS WHO BELIEVE IN BJCORP HAVE NOT COLLECT ENOUGH MAH!

LET ALL THE ALLIES COLLECT ENOUGH 1ST LOH!

Posted by simon2020 > Jun 18, 2021 11:14 AM | Report Abuse

Jalil should take note of Market's reception on his 3 years Strategic Plan which good for long term but should follow up by announcing actions on what's he is going to do in the next 100 days to bolster retail investors confidence which seems to be lacking in Berjaya.

On the issue of crossholding, Berjaya companies is expected by Jalil to sell down their shares in other Berjaya companies to free cashflow for own biz operations rather than investing in related Berjaya companies. So expect more VT indirect intrest sale announcements as all Berjaya companies are facing cashflow problems under FMCO and survival is more important before any long term plan can be executed.

bulldog

12,157 posts

Posted by bulldog > 2021-06-18 11:56 | Report Abuse

Accumulation at 29 in progress

Huat chaiii

bulldog

12,157 posts

Posted by bulldog > 2021-06-18 11:58 | Report Abuse

Somebody try to go fish at 18...but the ticket already taken and hold tight tight

Huat chaiii

hanna20

570 posts

Posted by hanna20 > 2021-06-18 11:58 | Report Abuse

Jalil is moving now?

Any news?

simon2020

442 posts

Posted by simon2020 > 2021-06-18 11:59 | Report Abuse

Who is talking about forced sale? Jalil already 3 months on the job & should be already on top of things, being a Pro & Veteran funds manager he should show Leadership and follow up by announcing actions on what's he is going to do in the next 100 days to support the long term 3 years Strategic Plan & to bolster retail investors confidence which seems to be lacking in Berjaya.

Mkttalk 100 day action sounds like forced sale situation! Give a little space for young man to deliver . Don’t think VT simply lepas tangan?

bulldog

12,157 posts

Posted by bulldog > 2021-06-18 12:01 | Report Abuse

If you missed the train I'm on
You will know that I am gone
You can hear the whistle blow a hundred miles
A hundred miles, a hundred miles…

Huat chaiii

stockraider

31,556 posts

Posted by stockraider > 2021-06-18 12:03 | Report Abuse

Memang betul accumulation in progress huat chaiii!

Posted by bulldog > Jun 18, 2021 12:01 PM | Report Abuse

If you missed the train I'm on
You will know that I am gone
You can hear the whistle blow a hundred miles
A hundred miles, a hundred miles…

Huat chaiii

gangnam

755 posts

Posted by gangnam > 2021-06-18 12:28 | Report Abuse

Lol...The train won't leave the station unless there are passengers. Anyway give chance la to Uncle Tan as his sharks very hungry and needs more bilis to survive.

scanluver

1,048 posts

Posted by scanluver > 2021-06-18 13:17 |

Post removed.Why?

scanluver

1,048 posts

Posted by scanluver > 2021-06-18 13:36 | Report Abuse

Nope. Low IQ, 3 class conman/gambler. LOL

stockraider WE ARE VALUE INVESTORS & NOT GAMBLERS LAH!

LU TAU BOH ?

scanluver

1,048 posts

Posted by scanluver > 2021-06-18 13:37 | Report Abuse

FFS, look at that chart *facepalm*

Posted by shortinvestor77 > 2021-06-18 13:49 | Report Abuse

Uncle Tan has a plan to enrich himself by making you poor.

Poor Chai.

py1818

1,730 posts

Posted by py1818 > 2021-06-18 14:03 | Report Abuse

@rr88
Stock: [SERBADK]: SERBA DINAMIK HOLDINGS BHD

Jun 18, 2021 12:42 PM | Report Abuse

Can u prove im lying? Big head small brain.
Out of the gate at 9am i said euro n edaran in play today. You really think i just sit on my $700k n just watched the plays go by. Think again
----------------------------------------
Ideooo t @rr88 daily say bad things about euro. Ask us to sell but he buy euro today. Such dishonest good for nothiiin g ideoooooooo t. How to trust this 2 headed snake which i called an ideooooooo t. If he doesn't like euro, don't buy la......

@rr88, i give you new name. It is called ideoooooo t.

stockraider

31,556 posts

Posted by stockraider > 2021-06-18 15:03 | Report Abuse

Bjc huat chaiii mah!

risekita8

534 posts

Posted by risekita8 > 2021-06-18 15:03 | Report Abuse

Jalil and Berjaya still not berjaya.

skyrocket

496 posts

Posted by skyrocket > 2021-06-18 15:16 | Report Abuse

Better q buy at 0.27

bulldog

12,157 posts

Posted by bulldog > 2021-06-18 15:19 | Report Abuse

Bulldog add some more accumulate at 29
Bargain hunting time

Huat chaiii

bulldog

12,157 posts

Posted by bulldog > 2021-06-18 15:19 | Report Abuse

Flushing the weak holder and the naysayers

Huat chaiii

bulldog

12,157 posts

Posted by bulldog > 2021-06-18 15:46 | Report Abuse

Cabin crew
Please prepare for take off

Huat chaiii

simon2020

442 posts

Posted by simon2020 > 2021-06-18 16:00 | Report Abuse

I think they are selling off their non core assets including shares in other Berjaya Companies to free cash flow for survival? That's why the frequent announcement on VT indirect shares sale?

On the issue of crossholding, Berjaya companies is expected by Jalil to sell down their shares in other Berjaya companies to free cashflow for own biz operations rather than investing in related Berjaya companies. So expect more VT indirect intrest sale announcements as all Berjaya companies are facing cashflow problems under FMCO and survival is more important before any long term plan can be executed.

Titan

4,159 posts

Posted by Titan > 2021-06-18 16:15 | Report Abuse

If not mistaken, when Idris jalal took over MAS, mas also asset rich bit cash poor. I think similar strategy use. Sell asset to pay of debt. At the end....Ur guess is as good as mine...

simon2020

442 posts

Posted by simon2020 > 2021-06-18 16:27 | Report Abuse

MAS delisted at 0.27 sens in 2017, hope Jalil learns not to repeat Idris Jala's mistakes.

stockraider

31,556 posts

Posted by stockraider > 2021-06-18 17:08 | Report Abuse

Do not worry lah!

Old fox VT will be watching & guiding Super hero Jalil mah!

simon2020 MAS delisted at 0.27 sens in 2017, hope Jalil learns not to repeat Idris Jala's mistakes.

scanluver

1,048 posts

Posted by scanluver > 2021-06-18 17:49 |

Post removed.Why?

scanluver

1,048 posts

Posted by scanluver > 2021-06-18 17:51 | Report Abuse

FFS, MAS is still in debt :D

Titan If not mistaken, when Idris jalal took over MAS, mas also asset rich bit cash poor. I think similar strategy use. Sell asset to pay of debt. At the end....Ur guess is as good as mine...

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-06-18 17:53 |

Post removed.Why?

scanluver

1,048 posts

Posted by scanluver > 2021-06-18 17:54 | Report Abuse

BCorp is VT's baby. Batikman is just a proxy.

Mkttalk 100 day action sounds like forced sale situation! Give a little space for young man to deliver . Don’t think VT simply lepas tangan?

bulldog

12,157 posts

Posted by bulldog > 2021-06-18 18:02 | Report Abuse

Xitadel999
Duit manyak ma...tak tau may park mana...as long as better than fix deposit we continue accumulate.
Make sure you hold less than 5% otherwise you need to declare once you dispose it.

Huat chaiii


Citadel9999 this bulldog always accumulate one, everyone think he is a stupeed

Solomon7

370 posts

Posted by Solomon7 > 2021-06-18 18:03 | Report Abuse

Wait until you see the first privatisation sparks. Then everyone will chase.

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-06-18 18:03 |

Post removed.Why?

scanluver

1,048 posts

Posted by scanluver > 2021-06-18 18:06 |

Post removed.Why?

Posted by shortinvestor77 > 2021-06-18 22:43 | Report Abuse

Hard landing. Safety first.

lassy

715 posts

Posted by lassy > 2021-06-19 08:56 | Report Abuse

By right BJ corp should have dispose of BORDER book store, RADIO SHACK it company - all this Rojak companies should not have been in BJ CORP group of companies in the 1st place but VT like to buy CHEAP rubbish company into it stable and hoping it can turn i to GOLD MINES.

dompeilee

11,888 posts

Posted by dompeilee > 2021-06-19 10:00 | Report Abuse

Below what I SOLD for ....LAPSAP... lol

stockraider

31,556 posts

Posted by stockraider > 2021-06-19 10:46 |

Post removed.Why?

stockraider

31,556 posts

Posted by stockraider > 2021-06-19 10:47 |

Post removed.Why?

simon2020

442 posts

Posted by simon2020 > 2021-06-19 11:59 | Report Abuse

Whatever it is since Jalil already 3 months on the job should be already on top of things, being a Pro & Veteran funds manager he should show Leadership and follow up by announcing actions on what he is going to do in the next 100 days to support the long term 3 years Strategic Plan to sustain & bolster investors confidence which seems to be lacking in Berjaya.

A plan without substance won't go far unless backed by some forms of substantiative affirmative action, selling non core assets such as shares in related Berjaya companies in a depressed market is counter productive & promoters chanting Huat Chaii all the time surely doesn't helps?

Hope Jalil & his assistant Lovetzy reads all the feedbacks for the sake of Investors relation improvements & transparency. All the best!

Posted by ValueInvestor2021 > 2021-06-19 14:58 | Report Abuse

Unbelievable the expectations we have. The guy has announced new corp governance and unveiled a strategy. What else can someone do in 3 months. Execution takes time. Wonder what happened to the word call patience

stockraider

31,556 posts

Posted by stockraider > 2021-06-19 15:15 | Report Abuse

Should give preference to VT loyal supporters & macais to collect more 1st mah!

I think super hero jalil has announce good enough on their plans mah...no need to be " Hard up until strip naked mah"!

IF PEOPLE WANT TO ACCEPT & LISTEN THEN OK FOR THEM, BUT THEY REFUSE & IGNORE, THEN NO NEED TO HARD UP FOR THEM MAH!

ANYHOW ALL THE BJCORP SUPPORTERS & MACAIS WHO BELIEVE IN BJCORP HAVE NOT COLLECT ENOUGH MAH!

LET ALL THE ALLIES COLLECT ENOUGH 1ST LOH!
Posted by simon2020 > Jun 19, 2021 11:59 AM | Report Abuse

Whatever it is since Jalil already 3 months on the job should be already on top of things, being a Pro & Veteran funds manager he should show Leadership and follow up by announcing actions on what he is going to do in the next 100 days to support the long term 3 years Strategic Plan to sustain & bolster investors confidence which seems to be lacking in Berjaya.

A plan without substance won't go far unless backed by some forms of substantiative affirmative action, selling non core assets such as shares in related Berjaya companies in a depressed market is counter productive & promoters chanting Huat Chaii all the time surely doesn't helps?

Hope Jalil & his assistant Lovetzy reads all the feedbacks for the sake of Investors relation improvements & transparency. All the best!

gangnam

755 posts

Posted by gangnam > 2021-06-19 15:34 | Report Abuse

Lol...Looks like Promoters & Macais can't convince enough bilis to take the bait before more dumping ahead? Anyway give chance la to Uncle Tan as his sharks are very hungry and needs more bilis to survive.

stockraider

31,556 posts

Posted by stockraider > 2021-06-19 15:38 | Report Abuse

once goreng time start, all these bilis people will rush to buy...like they do know, who the name of their father loh!

Most importantly collect together with the loyal supporters, when it is convincingly cheap mah!


Posted by gangnam > Jun 19, 2021 3:34 PM | Report Abuse

Lol...Looks like Promoters & Macais can't convince enough bilis to take the bait before more dumping ahead? Anyway give chance la to Uncle Tan as his sharks are very hungry and needs more bilis to survive.

kahhoeng

3,950 posts

Posted by kahhoeng > 2021-06-19 18:40 | Report Abuse

when a share is traded at dirt cheap level, there's no loyal supporter anymore, if there is any, only those trapped not wanting to let go...

Posted by shortinvestor77 > 2021-06-19 19:38 | Report Abuse

Prepare to stay for just 3 to 5 years.

Poor Chai.

MrsLee

977 posts

Posted by MrsLee > 2021-06-19 19:41 | Report Abuse

Why? Jalil must perform

wantanmi

309 posts

Posted by wantanmi > 2021-06-19 20:03 | Report Abuse

Yup! It's a chicken & egg situation for BCorp's turnaround.

Jalil should dance to the tune & feedbacks on his Plan provided by investors big or small. However will consider dancing again with BCorp when it reaches sweet 17.

MrsLee Why? Jalil must perform

Solomon7

370 posts

Posted by Solomon7 > 2021-06-19 20:42 | Report Abuse

The strategies are accompanied with injection of seasoned and experienced management members. Throw some chips on table and see.

Good luck.

lovetzy

458 posts

Posted by lovetzy > 2021-06-19 21:41 | Report Abuse

Nikki Gee joined the team. Well done! Exciting positive journey ahead!

stockraider

31,556 posts

Posted by stockraider > 2021-06-19 21:42 |

Post removed.Why?

simon2020

442 posts

Posted by simon2020 > 2021-06-19 22:06 | Report Abuse

Well & good. Ask Nikki to assist Jalil to harvest the low hanging fruits first as suggested earlier:

Tvst being an old Fox will not showhand too early. Privatization is not the only option, It could also be takeover of the remaining 13% BlLand minority shares ala Ancom style in exchange for a mix of cash & shares in BCorp?

kahhoeng distributing all toto shares to bland shareholders as special dividend and bcorp inject other gambling business not owned by toto into toto in exchange for shares? that should be good.

kahhoeng not really lah, experts trying to gauge the impact of CEO's plan, and it's a difficult one given everything is still anything but vague... I would have expect Jalil to announce at least one concrete deal, like privatizing BLand with its listing status be transferred to a REIT comprising of BCorp buildings, malls, office buildings, etc. or sell to UMobile for backdoor listing...

Nikki Gee Key skillsets are (but not limited to):-
• Enterprise Transformation (Digital and Non-Digital)
• Change Management
• Business Process Re-engineering
• Strategy & Planning
• Research & Development
• Corporate Financial matters (M&As IPO launch, entity corporatization, etc)

lovetzy Nikki Gee joined the team. Well done! Exciting positive journey ahead!

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