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.
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?
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.
@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.
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.
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...
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...
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
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.
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!
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
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!
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.
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.
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.
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!
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
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?