Mission Accomplished – 100% Profit with Vincent Tan?

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Dec 31 2007
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StockTube first blogged about Vincent Tan’s stocks in Oct 2006 when Berjaya Capital Berhad was still a listed company. Then Berjaya Corporation Berhad (KLSE: BJCORP, stock-code 3395), formerly known as Berjaya Group Berhad together with its Irredeemable Convertible Loan Stocks, ICULS (2005/2015) BJCORP-LC (stock-code 3395LC) triggered FinanceTwitter and MACD “Buy” signal.

It wasn’t about a year later that Berjaya Corp finally made its move in Oct 2007. The attraction was not the Berjaya Corp shares but its ICULS which was traded about $0.20 a share most of 2007. It was traded below $0.08 a share before 2007 mind you. Why is this fella difference from other warrants? It’s because its expiration is at mind-boggling 2015 – huge time-value at your advantage. Essentially nobody would believe Vincent Tan will keep quiet and do nothing to push up his own shares.
BJCorp ChartIn Oct 2007 FinanceTwitter blogged about the stock (Berjaya Corp) again; only this time the worm was out of the can, well sort of, with both Berjaya Corp and Silver Bird (KLSE: SILVER, stock-code 7136) caught the attention of investors and speculators. The undisputed king of “bonus and rights issue” had awakened. The game became so excited that FinanceTwitter wrote and asked you if you would like to make 100 percent profit trading stocks. At that particular moment Bejaya Corp was trading at RM1.09 while the ICULS was at RM0.55 a share. I would say the period was the climax for investors or speculators to accumulate.

BJCorp-LC ChartToday with a few hours left before the 2008 New Year, Berjaya Corp ICULS stock (traded at highest RM1.00 a share today) has almost reach the target of 100 percent profit should you had bought into it on 12th Oct 2007. With the mother share of Berjaya Corp trading at only RM1.55 a share and assuming Vincent Tan needs to make 100 percent profit himself since his acquisitions via conversion of ICULS was at the price ranging from RM0.908 to RM1.00 per BJCORP shares in Oct 2007, it appears Berjaya Corp still has 50% upside. Hence it would not be too hard to imagine that the ICULS could have another RM0.50 a share gain, theoretically.

StemLife ChartNot only that but it seems Vincent’s StemLife Berhad (KLSE: STEMLFE, stock-code 0137) has made very impressive window dressing for the last five trading days before the 2007 curtain comes to the end. So is it game over? Considering the Chinese Lunar Year is still a month away, the goodies could continue post-2008-New Year. But it’s never a bad idea to take some money off the table. Can you imagine the percentage of gains if you hold on to the ICULS from the previous restructuring exercise?

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Hi FinanceTwitter :

Wishing You a Prosperous 2008 with Google stock options again & again & again & again .. 🙂

Take care my friend.

Drop by my blog sometime 🙂

Yours Truly,

Tony Chai
My Options Trading Blog

hello tony,

hope you’re having great time too and happy new year …

i’ll definitely drop by your blog …

cheers …

Loved the way you walked through Vincent’s stocks. Very interesting. I think what you say at the end is very true also….it might juz be a good time to take some money off the table. Personally i’d take most my money off the table. Predicting Vincent Tan is a futile game really. He fries stocks better that than Penang Char Kueh Tiow! Happy new year Stock Tube!

hello smart investors,

to take money off the table is probably one of the simplest but usually ignored by most investors …

you’re smart to take money off the table when the game is still running … happy investing and happy new year to you too …

cheers ..

Hi stocktube,

BJCorp now at 1.45 (as of today), you think is a good buy now?

Sorry, I am very new in stock market..


hello tom,

kindly refer to my article The Composite Index, Plantation Stocks and the Wolf at http://www.financetwitter.com/2008/01/composite-index-plantation-stocks-and.html

cheers …

Thanks stocktube for given some hints on this…appreciate it.


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