Now the price really very attractive, sapu 0.175 as much as you can and hold for 6 months then u will see the return. Chart show most of the year end price will spike up but off course now the price and volumes action show that dream for privatise bjland is going to materialise
as an investor, what I am looking forward to is sounding steps to raise capital through divestments to pare down debts and to venture into profitable yet sustainable businesses. NOT some "buy a little of this shares" "a little bit of that shares" everyday, NOT show off in conference call with things said but no action or BODs "beh tow kag" (scratching head), NOT hiding this hiding that with who knows what creating HUGE differences in operating cash flow quarter over quarter, NOT goreng steps, AND definitely NOT offering deal to some big guy without offering it to other minorities (yet with SC and BURSA blessing, real f**king bitches)!!!
Well, one thing is for sure, VT is charming with sweet talk if this is your first time seeing him in person. Personally, I got caught up with his "promises." Now, can only bless him with middle fingers here...
As a respectable accountant, you don't really have to work overtime while Boss in Seremban..anyway, all blessings is good for VT, middle fingers regardless. Have a good weekend everybody! :)
Part 1 - 最后一里路12.7.2019(己修改) 理论上这隻股票可以流动的散股最多也不过15%,但为何每日的交易数量郤维持在高位?明显的,根据观察,有许多散户一早就入市,目前股价跌到历史来的低价,散户抱着股票太久,造成心里上的沮丧,对后市信心动摇,故选择卖出以止亏。另外有一些投机性的股票持有人,选择以高位卖出低位买入赚得中间的差价。如此令市场的股票交易数量一直可以维持在高位,似乎没完没了?
The only short or medium catalyst for BJLAND shares is the Four Seasons Kyoto sales! This is the only hope available to shareholders! Privatization is many years from now. Don't bother to raise hope on it now. It is futile to do so!
Thxs for the good analysis above. There are many catalysts to trigger reversal?
* Coming good financial Y/E results in August with profits from recent sale of 2 Vietnam assets worthwhile RM600 million? *Jeju Korea compensation coming? with court ruling this year? * Favourable court ruling on resolution of Selangor Turf Club land also due this year. Heard the compensation requested by BJLand from Selangor Govt. is RM2.1 billion! * Favourable arbitration on GMOC worth RM600 million this year or next? * Finalisation on Sale of Four Seasons Kyoto worth RM1.5 billion? and many other feel good factors.. * Re award of ESports betting licence as Govt. needs to diversify its sources of income as no money? Anyway already at all time low, nothing to lose to buy some as FD with maturity in 6 months to a year's time in 2020.
Let's assume now is at low , VT what he will do? He can press more lower, only paper loss. Dare investors bait for so called good news as previously jeju project etc. Then, he can make it 5 to 1, all the good news may happen gradually, price also up. Then once again, another dirty job coming without fundamental support.
Vincent Tan eventually will offer 1.4 Bjc for 1.0 Bjland in a privatization bid, would u all bite leh ??
Posted by unorthodox > Jul 14, 2019 11:33 AM | Report Abuse
Meanwhile, weak holders of BJLAND shares will suffer mentally, if not financially, seeing the continuation of share price downward trend!
Posted by simon2020 > Jul 14, 2019 11:46 AM | Report Abuse
Thxs for the good analysis above. There are many catalysts to trigger reversal?
* Coming good financial Y/E results in August with profits from recent sale of 2 Vietnam assets worthwhile RM600 million? *Jeju Korea compensation coming? with court ruling this year? * Favourable court ruling on resolution of Selangor Turf Club land also due this year. Heard the compensation requested by BJLand from Selangor Govt. is RM2.1 billion! * Favourable arbitration on GMOC worth RM600 million this year or next? * Finalisation on Sale of Four Seasons Kyoto worth RM1.5 billion? and many other feel good factors.. * Re award of ESports betting licence as Govt. needs to diversify its sources of income as no money? Anyway already at all time low, nothing to lose to buy some as FD with maturity in 6 months to a year's time in 2020.
Let's assume now is at low , VT what he will do? He can press more lower, only paper loss. Dare investors bait for so called good news as previously jeju project etc. Then, he can make it 5 to 1, all the good news may happen gradually, price also up. Then once again, another dirty job coming without fundamental support.
That is equivalent to Rm 0.36 cash offer for bjland almost 100% premium from the current bjland price of Rm 0.18 loh...!!
Posted by stockraider > Jul 14, 2019 1:01 PM | Report Abuse X
Vincent Tan eventually will offer 1.4 Bjc for 1.0 Bjland in a privatization bid, would u all bite leh ??
Posted by unorthodox > Jul 14, 2019 11:33 AM | Report Abuse
Meanwhile, weak holders of BJLAND shares will suffer mentally, if not financially, seeing the continuation of share price downward trend!
Posted by simon2020 > Jul 14, 2019 11:46 AM | Report Abuse
Thxs for the good analysis above. There are many catalysts to trigger reversal?
* Coming good financial Y/E results in August with profits from recent sale of 2 Vietnam assets worthwhile RM600 million? *Jeju Korea compensation coming? with court ruling this year? * Favourable court ruling on resolution of Selangor Turf Club land also due this year. Heard the compensation requested by BJLand from Selangor Govt. is RM2.1 billion! * Favourable arbitration on GMOC worth RM600 million this year or next? * Finalisation on Sale of Four Seasons Kyoto worth RM1.5 billion? and many other feel good factors.. * Re award of ESports betting licence as Govt. needs to diversify its sources of income as no money? Anyway already at all time low, nothing to lose to buy some as FD with maturity in 6 months to a year's time in 2020.
Let's assume now is at low , VT what he will do? He can press more lower, only paper loss. Dare investors bait for so called good news as previously jeju project etc. Then, he can make it 5 to 1, all the good news may happen gradually, price also up. Then once again, another dirty job coming without fundamental support.
Those issues no exact link here, so I deleted But VT did fact, betray minority so many years by undervalued market price without flexible support let many loss huge , more than many thousands ringgit.
Good123, persevere what? Penta's deal is basically slapping minorities' face with BURSA and SC silent approval! Penta acquires over 8% from who knows what, then offer to sell ONLY enough to BJCorp to avoid the 85% (well, Penta then sell part of its BJCorp to who knows what!) while Penta's BJLand holding is less than 5% without having to face scrutiny. Penta disposal of BJCorp shares has pocketed himself lucratively with not even a word from BURSA/SC.
According to the Agreement Berjaya will acquire a 75 percent equity share in Icelandair Hotels, subject to Icelandair Group holding a 25 percent equity share for a minimum of three years. Alongside the signing of the Agreement, Icelandair Group and Berjaya, have entered into a put and call option agreement regarding the remaining 25 percent equity share.
The enterprise value of Icelandair Hotels amounts to USD 136 million. The completion of the transaction is set for year-end 2019, subject to fulfilment of conditions by both parties.
Berjaya’s acquisition of a 75% stake in Icelandair Hotels will complement our Group’s current portfolio of 19 city and resort hotels located in Malaysia, Vietnam, Philippines, Japan, Sri Lanka, Seychelles and the UK. This Iceland deal represents an addition of several new hotel brands comprising about 1,811 rooms to Berjaya’s hotel network and will allow us to introduce a fresh and invigorating Nordic experience to our existing and new customers from Asia.
I believe this investment represents good long-term value for our group’s hotels division. We look forward to working with our new partner to bring the Icelandair Hotels group to even greater heights.”
Why bjtoto, bjauto, big old, redtone can up? Actually you can ask youtuber sifu. You also can noticed a few different between them. Bjmedia already pn17, why still ok? Ada bapa support awaiting investors. Bjcorp, actually closed shop, anything can adjust by VT. So, care it less.
Right! there is no advantage for 5 to 1 as 50 sens share..the most maybe 2 to 1 consolidate into RM1 shares but what the advantage? Finance Minister should study how Singapore stock exchange implemented recent rules to protect minority rights in a voluntary delisting instead?
Icelandair Group has signed a share purchase agreement (the “Agreement”) with Berjaya Property Ireland Limited (“Berjaya”), a subsidiary of Berjaya Land Berhad, whereby Berjaya acquires a majority share in Icelandair Hotels and related real estate (the “Company”).
Berjaya Land Berhad is a listed Malaysian-based corporation that operates in multiple sectors, such as hotels and resorts, property investment and retail. Berjaya Land Berhad and its affiliate companies have around 4000 employees and annual revenue of around USD 1,6 billion. The founder and executive Chairman of the Berjaya Group is Tan Sri Dato Vincent Tan.
Icelandair Hotels operate hotels all around Iceland, with a total of 1,811 rooms. In addition, the Company will open a new 145-room hotel at Austurvöllur Square in Reykjavik's Parliament district in collaboration with Hilton Hotels in 2020. In 2018, the revenue of Icelandair Hotels amounted to USD 97 million and the total number of employees was 699. The EBITDA of the hotel operations amounted to USD 7 million and rental income from real estate amounted to USD 5 million. The total size of the Company’s real estate is 17,738 sqm and includes Hilton Canopy Reykjavik, Icelandair Hotel Akureyri, Icelandair Hotel Mývatn and Icelandair Hotel Hérað.
According to the Agreement Berjaya will acquire a 75 percent equity share in Icelandair Hotels, subject to Icelandair Group holding a 25 percent equity share for a minimum of three years. Alongside the signing of the Agreement, Icelandair Group and Berjaya, have entered into a put and call option agreement regarding the remaining 25 percent equity share.
The enterprise value of Icelandair Hotels amounts to USD 136 million. The completion of the transaction is set for year-end 2019, subject to fulfilment of conditions by both parties.
Íslandsbanki and HVS London acted as advisers to Icelandair Group.
Taurus SLF acted as advisors to Berjaya.
Bogi Nils Bogason, CEO Icelandair Group:
“The immense growth in visitors to Iceland has seen tourism flourishing in the last few years. Icelandair Group has been instrumental in this process, partly by taking a lead in the strategic development of authentic and high-quality hospitality services across the country through Icelandair Hotels. While we shift the focus of Icelandair Group to our core aviation business, we are pleased to bring such an experienced international investor to the table which we believe confirms the value and quality of the Company and the prospects of Icelandic tourism for the years to come. I would like to take this opportunity to thank the management and employees of Icelandair Hotels for an outstanding job in developing such a robust and unique business that has created an important value for the Icelandic tourism industry.”
Tan Sri Dato Vincent Tan, executive chairman of the Berjaya Group:
“Berjaya’s acquisition of a 75% stake in Icelandair Hotels will complement our Group’s current portfolio of 19 city and resort hotels located in Malaysia, Vietnam, Philippines, Japan, Sri Lanka, Seychelles and the UK. This Iceland deal represents an addition of several new hotel brands comprising about 1,811 rooms to Berjaya’s hotel network and will allow us to introduce a fresh and invigorating Nordic experience to our existing and new customers from Asia.
I believe this investment represents good long-term value for our group’s hotels division. We look forward to working with our new partner to bring the Icelandair Hotels group to even greater heights.”
The enterprise value of Icelandair Hotels amounts to USD 136 million. The completion of the transaction is set for year-end 2019, subject to fulfilment of conditions by both parties.
Actually VT's 3.1 million purchase of Caring shares is in his personal capacity not for BJGroup. But since PNB is wholly owned by MOF set up to help Bumiputras, it will generate goodwill tremendous goodwill with Govt. (MOF & Minister of Economic Affairs/ex Selangor MB) for VT to further his case for reissue of ESports Betting Licence & favourable compensation for loss of earnings from Selangor Turf Club land to BJGroup?
Berjaya purchases Icelandair Hotels and related real estate
July 13, 2019 14:47 ET | Source: Icelandair Group hf.
multilang-release
Icelandair Group has signed a share purchase agreement (the “Agreement”) with Berjaya Property Ireland Limited (“Berjaya”), a subsidiary of Berjaya Land Berhad, whereby Berjaya acquires a majority share in Icelandair Hotels and related real estate (the “Company”). Berjaya Land Berhad is a listed Malaysian-based corporation that operates in multiple sectors, such as hotels and resorts, property investment and retail. Berjaya Land Berhad and its affiliate companies have around 4000 employees and annual revenue of around USD 1,6 billion. The founder and executive Chairman of the Berjaya Group is Tan Sri Dato Vincent Tan. Icelandair Hotels operate hotels all around Iceland, with a total of 1,811 rooms. In addition, the Company will open a new 145-room hotel at Austurvöllur Square in Reykjavik's Parliament district in collaboration with Hilton Hotels in 2020. In 2018, the revenue of Icelandair Hotels amounted to USD 97 million and the total number of employees was 699. The EBITDA of the hotel operations amounted to USD 7 million and rental income from real estate amounted to USD 5 million. The total size of the Company’s real estate is 17,738 sqm and includes Hilton Canopy Reykjavik, Icelandair Hotel Akureyri, Icelandair Hotel Mývatn and Icelandair Hotel Hérað. According to the Agreement Berjaya will acquire a 75 percent equity share in Icelandair Hotels, subject to Icelandair Group holding a 25 percent equity share for a minimum of three years. Alongside the signing of the Agreement, Icelandair Group and Berjaya, have entered into a put and call option agreement regarding the remaining 25 percent equity share. The enterprise value of Icelandair Hotels amounts to USD 136 million. The completion of the transaction is set for year-end 2019, subject to fulfilment of conditions by both parties. Íslandsbanki and HVS London acted as advisers to Icelandair Group. Taurus SLF acted as advisors to Berjaya. Bogi Nils Bogason, CEO Icelandair Group: “The immense growth in visitors to Iceland has seen tourism flourishing in the last few years. Icelandair Group has been instrumental in this process, partly by taking a lead in the strategic development of authentic and high-quality hospitality services across the country through Icelandair Hotels. While we shift the focus of Icelandair Group to our core aviation business, we are pleased to bring such an experienced international investor to the table which we believe confirms the value and quality of the Company and the prospects of Icelandic tourism for the years to come. I would like to take this opportunity to thank the management and employees of Icelandair Hotels for an outstanding job in developing such a robust and unique business that has created an important value for the Icelandic tourism industry.” Tan Sri Dato Vincent Tan, executive chairman of the Berjaya Group: “Berjaya’s acquisition of a 75% stake in Icelandair Hotels will complement our Group’s current portfolio of 19 city and resort hotels located in Malaysia, Vietnam, Philippines, Japan, Sri Lanka, Seychelles and the UK. This Iceland deal represents an addition of several new hotel brands comprising about 1,811 rooms to Berjaya’s hotel network and will allow us to introduce a fresh and invigorating Nordic experience to our existing and new customers from Asia. I believe this investment represents good long-term value for our group’s hotels division. We look forward to working with our new partner to bring the Icelandair Hotels group to even greater heights.”
12 million earning before any tax, interest expenses, and depreciation amortization for an enterprise value of 136 million... unless the hotel to be completed is very profitable, otherwise, the earning accretion to BJLand is not much better than the Vietnam hotel BJLand had disposed.
4219 BJLAND BERJAYA LAND BHDDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) Pursuant to Paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce the dealing in the securities of the Company by Tan Sri Dato' Seri Vincent Tan Chee Yioun ("TSVT"), a Director of Sports Toto Malaysia Sdn Bhd, a major subsidiary of the Company as set out in the table below. You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
BERJAYA LAND BERHAD
Particulars of substantial Securities Holder
NameTAN SRI DATO’ SERI VINCENT TAN CHEE YIOUNNationality/Country of incorporationMalaysiaDescriptions (Class)Ordinary Shares
Details of changes
NoDate of change
No of securities
Type of TransactionNature of Interest125 Jun 2019
3,500,000
DisposedDeemed InterestName of registered holderBerjaya Corporation BerhadAddress of registered holderLevel 12 Berjaya Times Square No. 1 Jalan Imbi 55100 Kuala LumpurDescription of "Others" Type of Transaction225 Jun 2019
38,856,070
DisposedDeemed InterestName of registered holderTeras Mewah Sdn BhdAddress of registered holderLevel 12 Berjaya Times Square No. 1 Jalan Imbi 55100 Kuala LumpurDescription of "Others" Type of Transaction325 Jun 2019
17,350,000
DisposedDeemed InterestName of registered holderJuara Sejati Sdn BhdAddress of registered holderLevel 12 Berjaya Times Square No. 1 Jalan Imbi 55100 Kuala LumpurDescription of "Others" Type of Transaction425 Jun 2019
4,613,780
DisposedDeemed InterestName of registered holderBizurai Bijak (M) Sdn BhdAddress of registered holderLevel 12 Berjaya Times Square No. 1 Jalan Imbi 55100 Kuala LumpurDescription of "Others" Type of Transaction525 Jun 2019
64,319,850
AcquiredDeemed InterestName of registered holderBerjaya Hills Resort BerhadAddress of registered holderLevel 12 Berjaya Times Square No. 1 Jalan Imbi 55100 Kuala LumpurDescription of "Others" Type of Transaction Circumstances by reason of which change has occurred(1) to (4) Deemed interested by virtue of his interest in Berjaya Corporation Berhad, the ultimate holding company of Teras Mewah Sdn Bhd, Juara Sejati Sdn Bhd and Bizurai Bijak (M) Sdn Bhd - Disposal of shares via married deal (5) Deemed interested by virtue of his interest in Berjaya Corporation Berhad, the holding company of Berjaya Hills Resort Berhad - Acquisition of shares via married dealNature of interestDeemed InterestDirect (units)69,150,400Direct (%)1.386Indirect/deemed interest (units)4,156,086,872Indirect/deemed interest (%)83.298Total no of securities after change4,225,237,272Date of notice25 Jun 2019Date notice received by Listed Issuer27 Jun 2019
Remarks :Indirect Shareholdings No. of shares ------------------------------ -------------------- 1) Berjaya Corporation Berhad 188,064,000 2) Teras Mewah Sdn Bhd 1,175,288,914 3) Juara Sejati Sdn Bhd 1,454,341,000 4) Bizurai Bijak (M) Sdn Bhd 654,486,220 5) Prime Credit Leasing Berhad 14,528,532 6) Inter-Pacific Capital Sdn Bhd 81,000,000 7) Inter-Pacific Securities Sdn Bhd 100,000,000 8) Rantau Embun Sdn Bhd 40,000,000 9) Berjaya Group Berhad 64,286,400 10) Berjaya Hills Resort Berhad 64,319,850 11) Berjaya Sompo Insurance Berhad 42,124,080 12) Desiran Unggul Sdn Bhd 224,000 13) Hotel Resort Enterprise Sdn Bhd 56,600,000 14) Berjaya Times Square Sdn Bhd 55,881,000 15) Berjaya Bright Sdn Bhd 88,083,000 16) B
Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
BERJAYA LAND BERHAD
Particulars of substantial Securities Holder
NameTAN SRI DATO’ SERI VINCENT TAN CHEE YIOUNNationality/Country of incorporationMalaysiaDescriptions (Class)Ordinary Shares
Details of changes
NoDate of change
No of securities
Type of TransactionNature of Interest125 Jun 2019
3,500,000
DisposedDeemed InterestName of registered holderBerjaya Corporation BerhadAddress of registered holderLevel 12 Berjaya Times Square No. 1 Jalan Imbi 55100 Kuala LumpurDescription of "Others" Type of Transaction225 Jun 2019
38,856,070
DisposedDeemed InterestName of registered holderTeras Mewah Sdn BhdAddress of registered holderLevel 12 Berjaya Times Square No. 1 Jalan Imbi 55100 Kuala LumpurDescription of "Others" Type of Transaction325 Jun 2019
17,350,000
DisposedDeemed InterestName of registered holderJuara Sejati Sdn BhdAddress of registered holderLevel 12 Berjaya Times Square No. 1 Jalan Imbi 55100 Kuala LumpurDescription of "Others" Type of Transaction425 Jun 2019
4,613,780
DisposedDeemed InterestName of registered holderBizurai Bijak (M) Sdn BhdAddress of registered holderLevel 12 Berjaya Times Square No. 1 Jalan Imbi 55100 Kuala LumpurDescription of "Others" Type of Transaction525 Jun 2019
64,319,850
AcquiredDeemed InterestName of registered holderBerjaya Hills Resort BerhadAddress of registered holderLevel 12 Berjaya Times Square No. 1 Jalan Imbi 55100 Kuala LumpurDescription of "Others" Type of Transaction Circumstances by reason of which change has occurred(1) to (4) Deemed interested by virtue of his interest in Berjaya Corporation Berhad, the ultimate holding company of Teras Mewah Sdn Bhd, Juara Sejati Sdn Bhd and Bizurai Bijak (M) Sdn Bhd - Disposal of shares via married deal (5) Deemed interested by virtue of his interest in Berjaya Corporation Berhad, the holding company of Berjaya Hills Resort Berhad - Acquisition of shares via married dealNature of interestDeemed InterestDirect (units)69,150,400Direct (%)1.386Indirect/deemed interest (units)4,156,086,872Indirect/deemed interest (%)83.298Total no of securities after change4,225,237,272Date of notice25 Jun 2019Date notice received by Listed Issuer27 Jun 2019
Remarks :Indirect Shareholdings No. of shares ------------------------------ -------------------- 1) Berjaya Corporation Berhad 188,064,000 2) Teras Mewah Sdn Bhd 1,175,288,914 3) Juara Sejati Sdn Bhd 1,454,341,000 4) Bizurai Bijak (M) Sdn Bhd 654,486,220 5) Prime Credit Leasing Berhad 14,528,532 6) Inter-Pacific Capital Sdn Bhd 81,000,000 7) Inter-Pacific Securities Sdn Bhd 100,000,000 8) Rantau Embun Sdn Bhd 40,000,000 9) Berjaya Group Berhad 64,286,400 10) Berjaya Hills Resort Berhad 64,319,850 11) Berjaya Sompo Insurance Berhad 42,124,080 12) Desiran Unggul Sdn Bhd 224,000 13) Hotel Resort Enterprise Sdn Bhd 56,600,000 14) Berjaya Times Square Sdn Bhd 55,881,000 15) Berjaya Bright Sdn Bhd 88,083,000 16) B
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....
AnakharamSlts
88 posts
Posted by AnakharamSlts > 2019-07-13 17:44 |
Post removed.Why?