$BJCORP (3395.MY)$ Do you expect the stock price of BJCORP t...
$BJCORP (3395.MY)$ Do you expect the stock price of BJCORP to be above 2.50? As the only mother company in the traditional Chinese capital series in Malaysia without dividend capability, BJCORP's stock is its weakness. Other mother companies such as the Genting Group in the Genting Series, YTL in the YTL Series, IOI in the IOI Series, IJM in the IJM Series, HLBANK in the HLBank Series, and Sunway in the Sunway Series, all have stock prices above 2.00 and stable dividends throughout the year. Although BJCORP has many listed subsidiaries and outstanding performance in many fields, it has been acquiring and being acquired by other companies in recent years.
After the institution BJCORP (3395, main board industrial stock) rose to become a major shareholder, the stock price of Salcon (8567, main board utility stock) has significantly increased. The Success Group announced its purchase of 5.43% of Salcon in early November last year and has been increasing its holdings ever since. As of July 11 this year, the Success Group already holds 17.82% of Salcon's equity.
During the period from June 27th to August 23rd, Littong Digital (REDTONE, 0032, Main Board Telecommunications and Media Stock) became a major shareholder of Hyde (HTPADU, 5028, Main Board Technology Stock) by subscribing to its shares. Equivalent to 6.38% shareholding. In July, Littong Digital became a shareholder of Tower (THETA, 9075, Main Board Technology Stock). The actual controller behind Littong Digital is Successful Institutions (BJCORP, 3395, Main Board Industrial Stock), holding 42.57% of the shares; in addition, the national head and Sultan of Johor, Ibrahim Ibni Almarhum Sultan Iskandar, also holds 17.34% of the shares.
Wan Neng (MAGNUM, 3859, Main Board Consumer Stock) currently holds 7.84% of the equity of U Mobile. U Mobile is the third largest mobile telecommunications service provider in our country, with approximately 6 million users. The shareholders of U Mobile include Temasek Holdings of Singapore through Straits Mobile, the Sultan of Johor, Successful Institutions (BJCORP, 3395, Main Board Industrial Stock) founder Tan Sri Dato' Sri Vincent Tan (through U Telemedia, Berjaya, and Berjaya Infrastructure), as well as the founder and CEO of Press Metal (PMETAL, 8869, Main Board Industrial Stock), Gan Boon Aun.
The founder of Kossan Rubber (KOSSAN, 7153), Tan Sri Lim Kuang Heng, and Lim Leng Bung directly hold 2.149% equity of Successful Group (BJCORP, 3395). Family member Lim Kuang Yung directly holds 1.093% equity of Successful Group (BJCORP, 3395). Lim Kuang Heng's brother, Lim Kuang Wang, directly holds 1.612% equity of BJCORP. According to data, the family company Kossan Holdings (M) Sdn Bhd holds 5.015% of Successful Group.
Genben Junlang
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101835278 OP : Is the BJCORP stock price of 0.310 a suitable buying accumulation point? Looking back at the 4-year history, 0.230 is a key indicator where its stock price soared surpassing 0.4x. With the overall upward trend of the current market, as long as the performance is not bad and not PN17, most stocks have rebounded steadily by more than double or even skyrocketed. The upward and downward trend of BJCORP and BJLAND's stock prices has always been unpredictable and unreliable, completely unlike a company that owns many profitable subsidiaries, franchise-licensing subsidiaries, and multinational global business subsidiaries. Among the traditional Chinese capital systems, only the IOI system and BJ system (Successful system) are left, but their performance is still not satisfactory and far behind the KLSE stock market. If it were not for the change in August, the current BJCORP stock price of 0.310 would be an ideal entry point (even if it falls to 0.280 in the event of market volatility, there is no need to fear). 0.360 is its first resistance level (if successfully crossed, optimistic about the stock price of 0.465 ± 0.02 according to the 3645 rule). Of course, I prefer BJFOOD at the moment. According to the 3645 rule, the BJFOOD stock price of 0.36x ± 0.02 is a very tempting opportunity for large-scale accumulation at an attractive price.
101835278 OP :