Why Goldman Buy BJCORP??

BERJAYA CORPORATION - DIRECTOR SHARE/ICULS ACQUISITIONBERJAYA CORPORATION reported that the following Directors had dealt in the Company shares/ICULS on Jun 25, 2008 as follows:
1. TAN CHEE SING - acquired 136,000 shares at 88.7 sen per share.
2. VINCENT TAN CHEE YIOUN - acquired 51600,000 ICULS 2005/2015 at 43.63 sen each.

Any thing happen behind the scene?

Let look at BJCORP financial.

Quarterly Results (Management Accounts)
latest financial year ending 20080430 (in RM thousand) - extracted from OSK
QTR 3QTR 4QTR 1QTR 2QTR 3ROLLING 4 QTRS
2007-01-312007-04-302007-07-312007-10-312008-01-31
Turnover331,808262,164565,520639,910834,9042,302,498
Profit before Taxation41,00391,331197,427279,721205,520773,999
Net Profit16,49264,743136,473106,258117,274424,748
Basic EPS* Sen0.4201.7304.2003.2503.33012.51
Div PS Sen003407


*Basic EPS is as reported by the Company and does not necessarily comply with Accounting Convention. (No consistent NOSH)
*4Q Cumulative Rolling EPS is unadjusted for capital changes

Financial very Healthy, So if you don't know what to buy, Follow the expert.

If I have the extra money, I think I will buy BJcorp- LC cos 2 LC change to 1 share.

LC= 0.46 x2 = 0.92 (maturity year 2015)
BJ = 0.92

Disclaimer: Decision made, own responsible.


1 comments:

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