Yup! Unfortunately VT never wanted to share...just ask Calvin who brought many old-timers to Holland, promoting BCorp as Berkshire of Malaysia since 2014...Also Jalil is no Warren Buffet...Jalil should focus on how to make profit rather than telling us about reducing BCorp's mountain of debts & cutting losses?
Yup! Unfortunately VT never wanted to share...just ask Calvin who brought many old-timers to Holland, promoting BCorp as Berkshire of Malaysia since 2014...Also Jalil is no Warren Buffet...Jalil should focus on how to make profit rather than telling us about reducing BCorp's mountain of debts & cutting losses?
"BCorp as Berkshire of Malaysia" is a bad comparison, as BJcorp is many miles behind. Although, BJcorp NTA is super high compare to its share price but still made it not attractive for investors. Does the possible reason lie in the owner's credibility and his history of share manipulations, huge paid-up capital or just lacklustre earnings? Recent news of hiring a new CEO does not promote any prolonged interest but, just a sudden and short run.
Don be silly lah...Berkshire never pays a single sen of dividend since 60 years ago...then what is the use of Berkshire earnings growth every year leh ??
Ans : The earnings of Berkshire hathaway retained will increase the NTA of Berkshire hathaway per share every year mah!
This we say growth for berkshire stock mah!
On the otherhand,if u buy Bjcorp for below 30 sen but its NAV is Rm 5.00 to Rm 10.00, u already achieve more than 30 years of equivalent high growth rate in nta per share for your investment in bjcorp stock mah!
Then what the heck u looking & hoping every year to achieve earnings growth like in berkshire....when just within one shot u already achieve equivalent of 30 years of solid growth just within 1 yr by buying into bjcorp leh ??
"BCorp as Berkshire of Malaysia" is a bad comparison, as BJcorp is many miles behind. Although, BJcorp NTA is super high compare to its share price but still made it not attractive for investors. Does the possible reason lie in the owner's credibility and his history of share manipulations, huge paid-up capital or just lacklustre earnings? Recent news of hiring a new CEO does not promote any prolonged interest but, just a sudden and short run.
Where is the earnings growth? What we can see are losses since 2016 to now? Whatever earnings by BCorp has been utilised to pay interest on it's outstanding RM5 billion debts & pay interest on ICULs mainly held by VT & Associates. That's why no more cash left to pay dividends.
Actually BCorp's debts due within a year is 5.29b and debts falling due after that is another 6.20b. Even if you less 1.54b cash in hand & RM2.22b in receivables due within 12 months, it still has net debts of RM7.73b to pay off. If BCorp's creditors is to demand repayment, BCorp may need a major recapitalization from shareholders? So don't count the chickens before they hatches.
"The latest balance sheet data shows that Berjaya Corporation Berhad had liabilities of RM5.29b due within a year, and liabilities of RM6.20b falling due after that. Offsetting this, it had RM1.54b in cash and RM2.22b in receivables that were due within 12 months. So it has liabilities totalling RM7.73b more than its cash and near-term receivables, combined.
The deficiency here weighs heavily on the RM1.98b company itself, as if a child were struggling under the weight of an enormous back-pack full of books, his sports gear, and a trumpet. So we definitely think shareholders need to watch this one closely. At the end of the day, Berjaya Corporation Berhad would probably need a major re-capitalization if its creditors were to demand repayment."
All potential rewards postulated are ifs???, that is if VT really wants to share. Unless people are blind to reality. Most have taken profit or cut loss first. Better wait for latest Qtr. results if really want to invest in BCorp's future when the smoke clears in one to two years time since economy is so bad nowadays. Anyway don't think BCorp share price has reached bottom yet?
Do not be silly lah....why wait & watch for coming qtr leh ?
It is still likely to be loss this coming qtr bcos of lockdown mah!
U need to be genuinely appreciate the true huge under value of bjcorp & its upside potential of Bjcorp in order to be really have confidence playing bjcorp mah!
Remember the upside potential of bjcorp base on 26 sen is something like 860% mah!
Berkshire never pays a single sen of dividend since 60 years ago...then what is the use of Berkshire earnings growth every year leh ??
Ans : The earnings of Berkshire hathaway retained will increase the NTA of Berkshire hathaway per share every year mah!
This we say growth for berkshire stock mah!
On the otherhand,if u buy Bjcorp for below 30 sen but its NAV is Rm 5.00 to Rm 10.00, u already achieve more than 30 years of equivalent high growth rate in nta per share for your investment in bjcorp stock mah!
Then what the heck u looking & hoping every year to achieve earnings growth like in berkshire....when just within one shot u already achieve equivalent of 30 years of solid growth just within 1 yr by buying into bjcorp leh ??
Pakai otak think loh !
Very logical mah!
Lu tau boh ??
Posted by simon2020 > Sep 5, 2021 11:33 AM | Report Abuse
All potential rewards postulated are ifs???, that is if VT really wants to share. Unless people are blind to reality. Most have taken profit or cut loss first. Better wait for latest Qtr. results if really want to invest in BCorp's future when the smoke clears in one to two years time since economy is so bad nowadays. Anyway don't think BCorp share price has reached bottom yet?
U MUST BE IN THE RIGHT FRAME OF MIND WHEN U INVEST MAH!
U WANT CHEAPO....THAN U GO FOR VALUE INVESTMENT TYPE OF STOCK LIKE BJCORP MAH!
U WANT GROWTH & TECH....U MUST BE WILLING TO PAY GROWTH PREMIUM MONEY MAH!
IF U MESSED OUT YOUR MIND....U WILL NOT BE ABLE TO BUY GROWTH STOCK MAH! U go & tell USA investors that Alphabet, Facebook, Amazon & Apple that their valuation of their favorite tech stock are too high loh!
If u want really to be a cheapo & then make cheapo undervaluation buy loh...u select stock like bjcorp & not growth stock like tech mah!
Posted by John1234 > Sep 5, 2021 11:30 AM | Report Abuse
Tech counters are way too high now. So, SAM is definitely not in my watchlist. =========================================================================== Foker_the_2nd hahaha,i can see the smirk on john's face wiped out. He didnt expect to see SAM is such a great share. Talk about a priest getting converted by a pagan. I think John wants to buy SAM so badly. But he refuses to admit I am right. So he will lose a golden opportunity.
Why buy now when can get cheaper still??? Remember the lowest this year for BCorp when still generating income as economy then not under lockdown is 16.5 sens. Even VT bought most of his shares at 18 sens. A good entrepreneur like VT buys low & sells high. We should follow the Master.
Why buy now when can get cheaper still??? Remember the lowest this year for BCorp when still generating income as economy then not under lockdown is 16.5 sens. Even VT bought most of his shares at 18 sens. A good entrepreneur like VT buys low & sells high. We should follow the Master.
Guess who is smarter? Master VT or bilis? If the Revalued Net Asset Value (RNAV) is really RM5~RM10 after less BCorp net debts of RM7.73b, VT & Associates should pump BCorp's back to 50 sens & keep it there since according to your postulated gains is 10~20x?
simon2020 Actually BCorp's debts due within a year is 5.29b and debts falling due after that is another 6.20b. Even if you less 1.54b cash in hand & RM2.22b in receivables due within 12 months, it still has net debts of RM7.73b to pay off. If BCorp's creditors is to demand repayment, BCorp may need a major recapitalization from shareholders? So don't count the chickens before they hatches.
You already given the answer to the root cause of BCorp current woes...Just ask any oldtimer did VT shared anything? when BCorp was making money? That's why nobody wants to support BCorp now?
The woes are the minority shareholders cannot wait & and has no confidence of a long term perspective mah!
Vt & Jalil already done their jobs and they have treated the minority shareholders fairly well, far beyond normal expectation this time by sharing & informing them their plans well ahead of schedule mah!
You already given the answer to the root cause of BCorp current woes...Just ask any oldtimer did VT shared anything? when BCorp was making money? That's why nobody wants to support BCorp now?
Since VT & BCorp don't care about minority interests including the remaining 7% institutional holders why ask for their support? You reap what you sows. Won't be surprised that more institutional holders will dump BCorp shares once the bad quarter results are out?
LOL, bro you really want to argue with some desperate s00hai who believes BCorpse is the Berkshire of Malaysia? :D
simon2020 Since VT & BCorp don't care about minority interests including the remaining 7% institutional holders why ask for their support? You reap what you sows. Won't be surprised that more institutional holders will dump BCorp shares once the bad quarter results are out?
Dont say worth 5.00 to 10.00, as I can see it, it is below 30 sen, share prices tell all. BJC is just worth the share price trading at 26-27 sen now. Plans are just plans, anytime can change, even agreements can be terminated anytime after signing. If so confident push the share price up to 50 sen, I will sell to let whoever bought my shares to keep and wait to gain 4.50 to 9.50.
Posted by stockraider > Sep 5, 2021 1:37 PM | Report Abuse X
It not woes for bjcorp mah!
The woes are the minority shareholders cannot wait & and has no confidence of a long term perspective mah!
Vt & Jalil already done their jobs and they have treated the minority shareholders fairly well, far beyond normal expectation this time by sharing & informing them their plans well ahead of schedule mah!
You already given the answer to the root cause of BCorp current woes...Just ask any oldtimer did VT shared anything? when BCorp was making money? That's why nobody wants to support BCorp now?
Posted by stockraider > Sep 5, 2021 1:37 PM | Report Abuse X
It not woes for bjcorp mah!
The woes are the minority shareholders cannot wait & and has no confidence of a long term perspective mah!
Vt & Jalil already done their jobs and they have treated the minority shareholders fairly well, far beyond normal expectation this time by sharing & informing them their plans well ahead of schedule mah!
You already given the answer to the root cause of BCorp current woes...Just ask any oldtimer did VT shared anything? when BCorp was making money? That's why nobody wants to support BCorp now?
py1818 Tks for your daily bulletin. Charts don't lie. Only people do. Why stay in Holland and lose opportunities to make profit elsewhere? Nihsin up 30% & Salcon also up already! while BCorp still downtrend, unable to break resistant 0.27, will it test support 0.23 once bad Qtr. results is released?
Remember VT's cost price only 18 sens. No point counting money if it's not already in your pocket. Better lock in profit or cut loss first with current political instability & economic woes.Think coming Qtr. result will be equally bad as not much income from biz with only fixed expenses. With Covid cases averaging 20k daily, many companies making loses including Berjaya are fighting for survival, with current political instability, months of lockdown and still no end in sight with increasing Covid cases & death.
py1818 * @earlyretirement @sailang_now @bulldog BjCorp Highest price 0.50 Resistant 0.39 Resistant 0.35 Major resistant 0.335 Major resistant 0.31 Resistant 0.29 Resistant 0.27 Price 0.255 Support 0.23 Verdict - A big UTURN has happened.
How to use buletin. If price go below support, downtrend. If price go above resistant, uptrend
Yup! It's cold now in Holland...it will be colder still when winter comes to Berjaya...it's best to cut loss before the last support crumbles at 25.5 ~26 sens?
Do not worry about season of the year mah! Winter will go spring will come....then summer arrive ....then autumn come mah!
Whatever the season it always go away...but berjaya fundamental NAV Rm 5.00 to Rm 10.00 will never go away loh!
Most importantly CEO Jalil...bought Rm 40m of bjcorp using his own money mah!
Very important to take note this mah!
Posted by wantanmi > Sep 6, 2021 11:41 AM | Report Abuse
Yup! It's cold now in Holland...it will be colder still when winter comes to Berjaya...it's best to cut loss before the last support crumbles at 25.5 ~26 sens?
@Shines Dont say worth 5.00 to 10.00, as I can see it, it is below 30 sen, share prices tell all. BJC is just worth the share price trading at 26-27 sen now. Plans are just plans, anytime can change, even agreements can be terminated anytime after signing. If so confident push the share price up to 50 sen, I will sell to let whoever bought my shares to keep and wait to gain 4.50 to 9.50.
@Shines Dont say worth 5.00 to 10.00, as I can see it, it is below 30 sen, share prices tell all. BJC is just worth the share price trading at 26-27 sen now. Plans are just plans, anytime can change, even agreements can be terminated anytime after signing. If so confident push the share price up to 50 sen, I will sell to let whoever bought my shares to keep and wait to gain 4.50 to 9.50.
Take profit if you can Cut loss if you can't The power to let go Is sometimes hard to find The answer cannot be found In the writing of others Through the winds of change When words of a Conman are blown away When you finally wake up To find VT has devoured you up When visions that should be Are tattooed in your mind Or the words of a trained mind In a precious world of memories We find ourselves confined Claws so razor sharp Ripping at the spirit Promises by Jalil has a potential to hurt Is anything real? When tomorrow never comes? In the world of a Conman's empty words... No escaping from those haunting Empty words... Do you ever feel it? A craving that is so strong Expectations that shined through the doubt That soon would turn into the price Of what words of a Conman will be worth? When tomorrow comes To be and we are left Standing on our own And seeing what is real... The answer cannot be found In the writing of others Or the words of a trained mind In a precious world of memories We find ourselves confined to fate In a great jail with no escape?
With all the good vibes around from our fatherly VT, who have change for the much better good loh, Raider best advice is, never never bet against Berjaya Group especially when the share price is low now & with such huge margin of safety loh!
Take profit if you can Cut loss if you can't The power to let go Is sometimes hard to find The answer cannot be found In the writing of others Through the winds of change When words of a Conman are blown away When you finally wake up To find VT has devoured you up When visions that should be Are tattooed in your mind Or the words of a trained mind In a precious world of memories We find ourselves confined Claws so razor sharp Ripping at the spirit Promises by Jalil has a potential to hurt Is anything real? When tomorrow never comes? In the world of a Conman's empty words... No escaping from those haunting Empty words... Do you ever feel it? A craving that is so strong Expectations that shined through the doubt That soon would turn into the price Of what words of a Conman will be worth? When tomorrow comes To be and we are left Standing on our own And seeing what is real... The answer cannot be found In the writing of others Or the words of a trained mind In a precious world of memories We find ourselves confined to fate In a great jail with no escape?
More s00hai talk. Misery loves company. Hahhahahahaha.......
stockraider With all the good vibes around from our fatherly VT, who have change for the much better good loh, Raider best advice is, never never bet against Berjaya Group especially when the share price is low now & with such huge margin of safety loh!
Regardless all the talks, the CEO bought it recently at $0.28 ($40million) already proof what r u investing to. Look at other counters, how many CEO invested recently into their own company ? BJcorp/BJland are the limited few. Just load and sleep well and wake up see limit up in the near future or 500% gain within next 3 to 5 years. Cheers !!
Uncle Tan already 70 , he got enough money for him n his family already , now just need to do something good for the minority shareholders n public to path his way to heaven lor
ocbc Uncle Tan already 70 , he got enough money for him n his family already , now just need to do something good for the minority shareholders n public to path his way to heaven lor 06/09/2021 5:52 PM
Uncle Tan want to donate away 50% of his wealth...he has more than enough for all his family members & to take care of political master, even after giving away half his assets to charity mah!
Lu tau boh ?
Posted by gangnam > Sep 7, 2021 8:18 AM | Report Abuse
Lol...Uncle Tan got a big family & many mouths to feed.... also don't forget he needs to support & keeps his political masters happy...
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....
stockraider
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Posted by stockraider > 2021-09-03 23:26 | Report Abuse
Definitely it is a berkshire mah!
Trust the CEO he has put Rm 40m of his own money into bcorp mah!
Posted by Fabien _the efficient capital allocator > Sep 3, 2021 7:56 PM | Report Abuse
in 2-5 years time, you will find out...either the next Evergrande or Berkshire. 2 opposite tail events of a bell curve, no middle outcome