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13,957 comment(s). Last comment by JohnLabuLabi at Oct 21, 2020 11:57 AM
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viper88
1798 posts

Posted by viper88 > Sep 7, 2016 1:27 PM | Report Abuse

No big players want to push and support hard to go up. Won big contracts but price still low and transaction low.


John Foo Sxhong
31 posts

Posted by John Foo Sxhong > Sep 8, 2016 10:26 AM | Report Abuse

i am waiting but how long i guess 2 years


ronaldsoo373
62 posts

Posted by ronaldsoo373 > Sep 9, 2016 8:48 AM | Report Abuse

http://www.enanyang.my/news/20160909/%E6%B0%91%E6%B3%B0%E8%BF%91%E7%94%B5%E7%AB%9E%E6%A0%8720%E4%BA%BF%E5%B7%A5%E7%A8%8Bbr-%E6%94%BE%E7%9C%BC%E5%BE%97%E6%A0%87%E7%8E%8730/


viper88
1798 posts

Posted by viper88 > Sep 13, 2016 2:57 PM | Report Abuse

Still lack of buyers. The big shareholders/players not buying up the shares even when its price is abt all time low and recent won the SG hospital big contract RM168million. Can only see big buy at lower queues.


viper88
1798 posts

Posted by viper88 > Sep 15, 2016 1:54 PM | Report Abuse

Drop all the way since Jan this year till now Sept.. abt 9mths.. still no strong rebound yet.


warrior
575 posts

Posted by warrior > Sep 16, 2016 9:29 AM | Report Abuse

another new project worth RM32 millions.


warrior
575 posts

Posted by warrior > Sep 16, 2016 1:20 PM | Report Abuse

For mid term (12 to 24 months) , this is a great stock to invest, sure huat one. For how long, how long can syndicate depressed the price this low.


viper88
1798 posts

Posted by viper88 > Sep 16, 2016 3:12 PM | Report Abuse

Problem is retail investor all scared ady..won many project but price keep kena hit back low and big player just queue to buy back at low price.
Need strong big buyers to push and support the price.


kenlaw
536 posts

Posted by kenlaw > Sep 16, 2016 10:36 PM | Report Abuse

Hope next quarter have better results.


warrior
575 posts

Posted by warrior > Sep 17, 2016 6:12 AM | Report Abuse

no brainer, unless you are trader, the best time to buy is now, wait until the price touch 40 sen first ?


uncle
400 posts

Posted by uncle > Sep 17, 2016 10:47 AM | Report Abuse

accumulated losses


viper88
1798 posts

Posted by viper88 > Sep 19, 2016 3:03 PM | Report Abuse

Still lack of buying pressure.


viper88
1798 posts

Posted by viper88 > Sep 22, 2016 10:24 AM | Report Abuse

New contract RM48.1million secured. Price better go up fast.. sleep too long already.


BINTAI KINDEN CORPORATION BERHAD (290870-P)
Subject: Bintai Kinden Corporation Berhad (“BINTAI” or “Company”)
Letter of Award to Bintai Kindenko Pte Ltd
_____________________________________________________________________________
The Board of Directors of BINTAI is pleased to announce that Bintai
Kindenko Pte Ltd., a 69.82% subsidiary of the Company, has on 21
September 2016, accepted a Letter of Award from Tiong Seng Contractors
Pte Ltd to undertake Sub-Contract Works for the Supply, Installation,
Testing, Commissioning and Maintenance of ACMV (Air Conditioning and
Mechanical Ventilation) and Engineered Smoke Control System Works in
respect of the Proposed Erection of 2 Blocks of 10-Storey Multiple User
General Industrial Factory; 3 Blocks of 9-Storey Multiple User General
Industrial Factory with a Secondary Workers’ Dormitory; a Heavy Vehicle
Parking Facility and Commercial Uses at Tuas Avenue 1 (Tuas Planning
Area) in Singapore (“Contract”).
The Contract sum is S$15,800,000.00 (Singapore Dollar Fifteen Million and
Eight Hundred Thousand) or equivalent to approximately RM48,153,660
(Ringgit Malaysia Forty Eight Million One Hundred Fifty Three Thousand
Six Hundred and Sixty) based on the exchange rate of S$1:00 : RM3.0477 as
of todate.
The Contract is a non-renewable construction contract with fixed contract
period and is estimated to be completed by September 2017.

The Contract will not have any effect on the issued and paid up share capital
of the Company and is not expected to have any material impact on the
earnings, earnings per share, net assets per share and gearing of the Group for
financial year ending 31 March 2017. However, it is expected to contribute
positively towards the future earnings of BINTAI Group.
Risk factors affecting the Contract include and not more than the standard
and customary contract risks in Singapore.
None of the Directors and/or major shareholders of BINTAI or persons
connected with them have any interests, direct or indirect, in the Contract.
This announcement is dated 21 September 2016


Kelvin Lam
30 posts

Posted by Kelvin Lam > Sep 22, 2016 10:32 AM | Report Abuse

counter keep sleeping


John Foo Sxhong
31 posts

Posted by John Foo Sxhong > Sep 22, 2016 10:46 AM | Report Abuse

i think most project they got at very low profit or just for cover up the operation practically zero profit


kenlaw
536 posts

Posted by kenlaw > Sep 22, 2016 11:03 AM | Report Abuse

Rm. Duration
1st 168m complete by 02 2019
2nd 32m complete by 10 2017
3rd - 48m - complete by 09 2017
4th 17m complete 03 2018
5th 31m complete 07 2017
6th 13m complete 12 2017
7th 32m complete 11 2017
8th 120m complete 11 2019


viper88
1798 posts

Posted by viper88 > Sep 22, 2016 12:30 PM | Report Abuse

Last year May RI price drop till 0.21 but shot up back in Jun till 0.45.
Later in Aug drop down till 0.195 before rose up to 0.375 in jan 2016
After that continue long drop till now 0.20.

Price try to rebound with new contracts secured but keep being pressed down back 0.20.
Theres not strong big buyer pushing up price like last year.. more like collecting at price range of 0.20.. its been many months.


AK1882
89 posts

Posted by AK1882 > Sep 22, 2016 4:31 PM | Report Abuse

In future better don't announced any new contract secured........wasting time.....


viper88
1798 posts

Posted by viper88 > Sep 27, 2016 11:24 AM | Report Abuse

Still no +ve sign.


viper88
1798 posts

Posted by viper88 > Oct 6, 2016 12:27 PM | Report Abuse

Price still being block by sellers.


viper88
1798 posts

Posted by viper88 > Oct 21, 2016 5:11 PM | Report Abuse

Still not moving...this stock been traded sideways for many mths.


John Foo Sxhong
31 posts

Posted by John Foo Sxhong > Oct 26, 2016 3:58 PM | Report Abuse

guess bad QR no one want


alvinchiam
1566 posts

Posted by alvinchiam > Oct 27, 2016 1:23 PM | Report Abuse

buy


viper88
1798 posts

Posted by viper88 > Oct 27, 2016 3:15 PM | Report Abuse

Bintai already secured many new projects this year but yet its price being sell down and
block at rock bottom level even lower than its IPO listing price 0.31-0.35, Current price is way below its support lvl price.

Its major shareholders not doing much shares buy back and push support for the much needed rebound even when theres good +ve
newsplay. The low vol transaction and sideway price movement past few months hard to attract and give confidence to retailers or potential investor to invest.Need major price reversal to gain more buyer interest.


viper88
1798 posts

Posted by viper88 > Oct 31, 2016 3:44 PM | Report Abuse

If price stagnant/sideway for months, nobody would dare to buy.
QR 3 month once if cant sustain push upwards price also not attractive if up 1-2 sen n drop back.
Need active vol and price movement.


John Foo Sxhong
31 posts

Posted by John Foo Sxhong > Nov 2, 2016 4:14 PM | Report Abuse

another lose Q coming


viper88
1798 posts

Posted by viper88 > Nov 2, 2016 4:26 PM | Report Abuse

Market up, price didnt move. Today market down,, price drop. Buyer queue so low.. demand very weak.
Sell down till all buyer also ran.


viper88
1798 posts

Posted by viper88 > Nov 2, 2016 4:33 PM | Report Abuse

KLCI drop -12... retailers also panic sell.
This bintai nothing to do with Oil, banking sectors also still price drop.
No buyer support only small retailer buy & sell 2 each other.


Ting Kungsing
154 posts

Posted by Ting Kungsing > Nov 2, 2016 6:11 PM | Report Abuse

Almost reach my level to collect again. Drop maybe due to house demand decrease. Not too sure. Haha. Anyway, I will collect again and waiting QR in this month. Good luck and enjoy. :)


viper88
1798 posts

Posted by viper88 > Nov 8, 2016 2:23 PM | Report Abuse

From 0.375 january this year drop till Nov 0.18, > 50% drop still no yet rebound..really bad performance and bad for shareholders.
Shareholders buy for price appreciation but if price keep going low n lower hard to attract buyer and give confidence to shareholders.


kenlaw
536 posts

Posted by kenlaw > Nov 18, 2016 6:29 AM | Report Abuse

http://www.klsescreener.com/v2/news/view/155425


kenlaw
536 posts

Posted by kenlaw > Nov 18, 2016 6:30 AM | Report Abuse

bintai get 25years of concession.


viper88
1798 posts

Posted by viper88 > Nov 18, 2016 9:49 AM | Report Abuse

http://www.thestar.com.my/business/business-news/2016/11/18/bintai-kinden-to-acquire-optimal-for-rm15mil/

Jan 2016 won the project worth RM121million - concession 25 yrs but stock price didnt go up yet. Now wan accquire OPM and propose issuance new shares at issue price of 20 sen but current Bintai market share price only 0.175.

http://www.thesundaily.my/news/2064787


PETALING JAYA: Bintai Kinden Corp Bhd is proposing to buy Optimal Property Management Sdn Bhd (OPM) for RM15 million and diversify into the concession arrangements business in an all-share deal.

In a filing with Bursa Malaysia yesterday, the company said it entered into a conditional share sale agreement with Nusankota Development Sdn Bhd, Haryati Zaharuddin and Amirul Arifin Sopiee Md Noordin for the transaction, which will be satisfied via an issuance and allotment of 75 million new Bintai Kinden shares at an issue price of 20 sen each.

OPM is a special purpose vehicle involved principally in property management that holds a 25-year RM121 million concession to design, construct, complete, operate and maintain the entire in-campus accommodation for Kolej Teknologi Islam Melaka (KUIM). OPM had in January this year appointed Bintai Kinden as its turnkey contractor for the same project.

OPM will undertake the maintenance of all the facilities and has the right to demand, collect and retain mutually agreed charges throughout the concession period.

“The proposed acquisition will enable the company to participate and be entitled to the future recurring income streams from the concession arrangements business that is the provision of management and maintenance services to KUIM over the tenure of the concession,” Bintai Kinden said.

The purchase consideration takes into account the net liabilities of OPM, future prospects of OPM and valuation range of the concession between RM24.5 million and RM26.7 million as ascribed by Russ Ooi & Associates.

The proposed deal is expected to be completed by the first half of 2017, subject to approvals from Bursa Securities and Bintai Kinden shareholders. KAF Investment Bank Bhd is the adviser for the transaction.


viper88
1798 posts

Posted by viper88 > Nov 22, 2016 1:24 PM | Report Abuse

Qtr result coming out soon, New shares issuance at 0.20 by 1st half 2017 but share price and vol still low.


kenlaw
536 posts

Posted by kenlaw > Nov 22, 2016 1:51 PM | Report Abuse

Bintai Kinden: To acquire Optimal for RM15m. Bintai Kinden Corp is acquiring the entire equity in Optimal Property Management SB from Nusankota Development SB and two individuals for RM15m. The mechanical and electrical engineering services provider said the proposed acquisition was to enable the group diversify its business into concession arrangements business. Optimal is a special-purpose vehicle company principally involves in property management, which on Dec 3, 2015, was awarded a 25-year concession to design, construct, complete, operate and maintain the entire Kolej Teknologi Islam Melaka in-campus accommodation. (Bernama)


paperplane
20244 posts

Posted by paperplane > Nov 23, 2016 12:17 AM | Report Abuse

Holland stock promoted strongly by low life con! I


cheeyong
419 posts

Posted by cheeyong > Nov 30, 2016 9:40 PM | Report Abuse

Bintai very good result:)


cheeyong
419 posts

Posted by cheeyong > Dec 1, 2016 10:01 PM | Report Abuse

Result good oso cant up...:) buy more to stand by..


viper88
1798 posts

Posted by viper88 > Dec 2, 2016 1:04 PM | Report Abuse

Financial qtr result showing profit. 1H net profit 0.320 million,
Net asset per share As At End of Current Quarter up 0.28 compare to last preceding financial year end 0.26.

Bintai acquiring OPM via share issuance 0.20 next yr 2017 but current price still 0.175 really low and lagging far from its latest NTA of 0.28.


viper88
1798 posts

Posted by viper88 > Dec 7, 2016 2:56 PM | Report Abuse

Total RM440.82 million project secured by Bintai this year but its current price is at the lowest.

RM32million - Jan 2016
http://themalaysianreserve.com/new/story/bintai-kinden-secures-rm32m-vietnam-job

RM120million - Jan 2016
http://www.thestar.com.my/business/business-news/2016/01/20/bintai-kinden-unit-wins-rm120mil-job/

RM9.4million - Jan 2016
http://themalaysianreserve.com/new/story/bintai-kinden-awarded-rm94m-electrical-works-contract

RM31.42million - Mar 2016
http://www.thestar.com.my/business/business-news/2016/03/17/bintau-kinden-secures-singapore-project/

RM13million - Mar 2016
http://themalaysianreserve.com/new/story/bintai-kinden-gets-rm13m-contract-%E2%80%A8from-singapore

RM18million - July 2016
https://www.pressreader.com/malaysia/the-star-malaysia-starbiz/20160715/281565175100512

RM169million - Sept 2016
http://www.thestar.com.my/business/business-news/2016/09/04/bintai-kindens-subsidiary-gets-rm169mil-spore-hospital-job/

RM48million - Sept 2016
http://www.thestar.com.my/business/business-news/2016/09/21/bintai-kinden-bags-a-rm48mil-job-in-singapore/


John Foo Sxhong
31 posts

Posted by John Foo Sxhong > Dec 7, 2016 3:32 PM | Report Abuse

project at very low profit margin or to just cover up the operation cost ...no one want


viper88
1798 posts

Posted by viper88 > Dec 7, 2016 8:19 PM | Report Abuse

Those project won this year wont show immediate profit or earning but expected to contribute positively to the future earnings of the Group.

Last 2 financial Qtr results already showing +ve profit and earning with latest NTA 0.28.

Its current price doesn't reflect much and even lower than company share par value which is at 0.20 and its warrant convertion at 0.20.


kenlaw
536 posts

Posted by kenlaw > Dec 9, 2016 2:48 PM | Report Abuse

Bintai win legal case, get rm28million and interest 5% peryears staring from 2008.


viper88
1798 posts

Posted by viper88 > Dec 9, 2016 4:21 PM | Report Abuse

Finally.. court case result out.


viper88
1798 posts

Posted by viper88 > Dec 9, 2016 4:25 PM | Report Abuse

ANNOUNCEMENT
Subject: Bintai Kinden Corporation Berhad (“BINTAI” or “Company”)
Arbitration
__________________________________________________________________________________

The Board of Directors wishes to announce that following the hearing held today
on the Arbitration between Kejuruteraan Bintai Kindenko Sdn Bhd (“KBK”) (a
wholly owned subsidiary of BINTAI”) and Serdang Baru Properties Sdn Bhd
(“SBP”), the Court has ordered SBP to pay the following in favour of KBK:-

(a) A total sum of RM28,220,284.44 together with a simple interest rate of 5%
per annum from 3 June 2008 up to 9 March 2016; and

(b) Costs for a sum of RM20,000.00.
This announcement is dated 8 December 2016.


kenlaw
536 posts

Posted by kenlaw > Dec 9, 2016 9:56 PM | Report Abuse

bintai will go back to rm0.25 very soon.


viper88
1798 posts

Posted by viper88 > Dec 11, 2016 1:53 PM | Report Abuse

This announcement is dated 14 March 2016.
======================================================================
Description Bintai Kinden Corporation Berhad (BINTAI or Company)
- Arbitration
Further to the arbitration proceedings held between Kejuruteraan Bintai Kindenko Sdn Bhd (“KBK”) (a wholly owned subsidiary of BINTAI”) and Serdang Baru Properties Sdn Bhd (“SBP”), the Company wishes to announce that following the notification received from KBK’s solicitors on 11 March 2016, SBP has been ordered to pay a total sum of RM4,985,166.24 plus 5% simple interest per annum on the aforesaid payment sum in favour of KBK.
=======================================================================

Bintai won RM28million++ instead of earlier Rm4.98million.


viper88
1798 posts

Posted by viper88 > Dec 11, 2016 2:12 PM | Report Abuse

Bintai share should worth more than 0.30+ with the RM28million++ received by winning the court case.
Its consider as direct profit added into next financial qtr/year end result resulting in higher EPS

For the financial year ended March 31 2015, Bintai Kinden’s net profit surged to RM6.04 million.
Bintai surged 55.56% or 12.5 sen to 35 sen with 11.36 million shares done.

http://www.sharetisfy.com/2015/05/bintai-6998-bintai-kinden-surges-5556.html

Receiveables from winning court case of RM28million + 8yr interest 5% pa. is abt 3x profit as financial result ended 31/3/15 of Rm9.8million.

On 28 May 2015, Bintai released its quarterly report for the 3 months ended 31 March 2015 with strong net profit of RM9.8 mil. As a result, share price saw a huge spike from approximately 25 sen to as high as 45 sen over subsequent few days. Share price has since come down and is now trading at approximately 32 sen.


viper88
1798 posts

Posted by viper88 > Dec 20, 2016 1:11 PM | Report Abuse

Won court case with huge sum of money into company receivable yet price still not moving much.
Its next quaterly result will be much higher eps and profit.


John Foo Sxhong
31 posts

Posted by John Foo Sxhong > Dec 20, 2016 1:20 PM | Report Abuse

with these news next Q will have go up

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