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Last Price Today's Change   Day's Range   Trading Volume
0.65   -0.02 (2.99%)  0.61 - 0.68  22,956,800
13,997 comment(s). Last comment by DickyMe at Oct 27, 2020 12:49 AM
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Ting Kungsing
154 posts

Posted by Ting Kungsing > Dec 21, 2016 7:55 AM | Report Abuse

Yes. Next qr will have better closing.. I still on board. Haha


viper88
1798 posts

Posted by viper88 > Dec 21, 2016 11:59 AM | Report Abuse

Buying Vol strong today.


John Foo Sxhong
31 posts

Posted by John Foo Sxhong > Dec 21, 2016 1:52 PM | Report Abuse

wow


viper88
1798 posts

Posted by viper88 > Dec 21, 2016 1:56 PM | Report Abuse

Net profit RM9.8 million in 2015 fin. qtrly report make the share price jump from 0.25 till 0.45 over subsequent day.
This latest receiveable RM28million+ from court case is much more higher and should contribute +ve to share price as well.


kenlaw
536 posts

Posted by kenlaw > Dec 23, 2016 7:21 PM | Report Abuse

after 5% interest for 28mil, total will.be 40mil.


viper88
1798 posts

Posted by viper88 > Dec 23, 2016 7:42 PM | Report Abuse

Price went up with strong buying vol and strength after 4pm bfr closing up till 0.21 and close at 0.205. +ve uptrend sign.


Hakim Sri Jati
3 posts

Posted by Hakim Sri Jati > Dec 23, 2016 9:45 PM | Report Abuse

Wow if 40mil is divided by the no of shares issued ..means the price should increase 18sen ie about 36sen fair value..am i right


viper88
1798 posts

Posted by viper88 > Dec 24, 2016 12:26 AM | Report Abuse

Those follow/read the news and financial result for Bintai, its NTA 0.53 in Feb 2016, but in Jun 2016, its NTA was adjusted to 0.26 due to loss of abt RM10million for its quarterly financial result and also changes of financial report to exclude the pending receiveables of the court case amt abt RM31million.

Now with the latest confirmation of winning court case amt RM28millions + interest, Bintai NTA & share price expected to adjust back higher in its coming financial qtr result in Feb 2017.

In 2015 feb-Mac, Bintai share 0.22 went up to 0.35, RM6.04million net profit reported in its financial qtr result and later in May 2015, its price from 0.21 shot up till 0.45 in just one day because of its financial result return back to strong profit total of RM9.8million.
Its price later consolidated down to 0.32 lvl.

Bintai share price should be much more higher with its adjusted NTA and fair value.

Receiveabe from winning court case RM28million + 5% interest for 7.5 yrs (interest rate of 5% per annum from 3 June 2008 up to 9 March 2016)
total abt RM38.5million.

Bintai total no. of shares 214.59million

The receivables translated to Bintai share price is additional gain abt 0.179 sen.

Bintai latest financial qtr result NTA is 0.28. Its nta if include the latest receiveable will be abt 0.45.

Above is just my own estimation calculation, pls contact your own remisers to get the confirmation info.


John Foo Sxhong
31 posts

Posted by John Foo Sxhong > Dec 27, 2016 2:37 PM | Report Abuse

have these money being receive..?


wecan2088
512 posts

Posted by wecan2088 > Dec 28, 2016 11:28 AM | Report Abuse

民泰近电胜诉.获2822万
民泰近电(BINTAI)与Serdang Baru产业公司(SBP)诉讼案取得胜诉,后者须缴付2822万零284令吉44仙。
(吉隆坡9日讯)民泰近电(BINTAI,6998,主板贸服组)与Serdang Baru产业公司(SBP)诉讼案取得胜诉,后者须缴付2822万零284令吉44仙。
民泰近电发文告表示,除支付上述款额外,SBP也需额外支付5%的年利息,期限从2008年6月3至2016年3月9日,以及2万令吉诉讼费。


Gore Victor Lee
187 posts

Posted by Gore Victor Lee > Dec 28, 2016 11:40 AM | Report Abuse

OLD NEWS........................NOT ATTRACTIVE.......


kenlaw
536 posts

Posted by kenlaw > Dec 28, 2016 6:40 PM | Report Abuse

bintai , positive momemtum up.


wecan2088
512 posts

Posted by wecan2088 > Dec 29, 2016 5:02 PM | Report Abuse

Bintai closed at day high 22sen. Technically very bullish. Target price 30sen


viper88
1798 posts

Posted by viper88 > Dec 29, 2016 11:21 PM | Report Abuse

Strong buying at 0.22 during closing time after 4pm. With abt rm441million project secured this yr + receivable cash from winning court case abt rm38.5million, Bintai share price should much more higher than 0.30. Bintai highest price last year 0.45 and this year highest 0.375.


wecan2088
512 posts

Posted by wecan2088 > Dec 30, 2016 12:26 AM | Report Abuse

Yap. I heard Bintai win RM80Mil project in Singapore.


viper88
1798 posts

Posted by viper88 > Dec 30, 2016 11:28 AM | Report Abuse

Wecan2088: u refer to latest new project in SG?

The Singapore project secured this year by Bintai is way more than RM80million.. Bintai
get RM261.42million from SG project this year.

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

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/


char1234
4466 posts

Posted by char1234 > Jan 1, 2017 4:36 PM | Report Abuse

stock hv moved slowly from 17.5 to 22 cts abt 25 percent already.........Will it continue to move till 30 ??


Ting Kungsing
154 posts

Posted by Ting Kungsing > Jan 2, 2017 8:33 AM | Report Abuse

No worry. Once QR appear, if result better than before, sure fly. And since they won a court case 28m, and it will put into coming QR, so basically QR can say better than before. 30cent shouldn't be a issue.


viper88
1798 posts

Posted by viper88 > Jan 2, 2017 3:05 PM | Report Abuse

In 2015 May after financial qtr result RM9.8million out bintai share price fly from 0.21 till 0.45. Up more than 100% but Jun 2016 qtr result lost abt RM10million + adjusted financial report makes bintai share price drop below 0.20.

Now the next qtr result not yet out, only coming out in Feb, price already moving up steadily towards 0.25 - 0.30+.

With the latest winnning court case money total abt RM39.5million+ with interest, Bintai NTA will be adjusted much more higher than current NTA 0.28.

Compare with AWC stock, its share price rose from 0.38 till about 0.98 due to winning big projects and strong financial qtr profit result.

If Bintai can match AWC price performance will be great.


viper88
1798 posts

Posted by viper88 > Jan 6, 2017 9:48 AM | Report Abuse

Yes, big player join in the boat. More buying strength to move upwards.


Kelvin Lam
30 posts

Posted by Kelvin Lam > Jan 6, 2017 10:31 AM | Report Abuse

breakout 0.24 will go to 0.255 resistance


kenlaw
536 posts

Posted by kenlaw > Jan 6, 2017 11:19 AM | Report Abuse

breakeven now!


viper88
1798 posts

Posted by viper88 > Jan 6, 2017 1:22 PM | Report Abuse

Financial qtr out end of Feb, now already start moving with bigger vol.
With court case receiveable money abt RM39.5million + big projects worth more than RM440million secured last year, Bintail is worth much more.


John Foo Sxhong
31 posts

Posted by John Foo Sxhong > Jan 6, 2017 1:32 PM | Report Abuse

now move toward north ...ha ha lol


tai yee
576 posts

Posted by tai yee > Jan 6, 2017 4:44 PM | Report Abuse

0.25 :))


viper88
1798 posts

Posted by viper88 > Jan 7, 2017 8:07 AM | Report Abuse

Bintai shares was way oversold last year since end of Jan from 0.355 down until lowest 0.165 in Dec 2016. The big players/sellers block the price from rebound moving up even when there good newsplay of new big projects secured. The share price was accumulated slowly from small retailers and very low price throughout 2016.

Base on last week price rebound from 0.17 - 0.21 - 0.23 and yesterday high 0.25 closing 0.245 with very high vol transaction, its obvious the big players/buyer already start pushing up the shares. Bintai receiveable winning money from court case will definitely boost Bintai financial in coming fin qtr as the court case been very long time 8 yrs and the receiveable is big sum $$ abt RM39.5million including interest.


viper88
1798 posts

Posted by viper88 > Jan 8, 2017 12:26 AM | Report Abuse

i only worry if it don't fly or shoot up much with so many projects in hand + huge sum of receivables court case money...Bintai still far lagging from AWC which trading at 0.96.


viper88
1798 posts

Posted by viper88 > Jan 8, 2017 11:13 AM | Report Abuse

Bintai market share capitalization only at RM52.57million because of its current low share price and little no. 214.59million shares issued.

With the receiveable money from winning court case abt rm39.5 million, its already more than 75% of Bintai market share capitalization. Its share price if calculate for the receivable money gain will be additional 0.179 sen. This is the receivable money from winning the court case that will be included in the financial report.

If bintai price stay at 0.20 lvl, its really too undervalue as current NTA 0.28 + receivable 0.179 = 0.459. Bintai share price should worth close to 0.40++ with the latest news update.


kenlaw
536 posts

Posted by kenlaw > Jan 8, 2017 4:24 PM | Report Abuse

BINTAI Kinden Corp Bhd (Bintai; Code: 6998) shares dropped to a low of 17 sen on Nov 9 last year, the worst level in more than seven years, on extended correction process due to persistent selling pressure.

Thereafter, in the wake of light bargain-hunting interest, this counter turned sideways briefly, undergoing consolidation before a fresh bout of buying emerged unexpectedly to drive prices higher.

Bintai mended to a seven-month high of 25 sen during intra-day session, backed by heavy turnover.

Based on the daily chart, this stock appears on a new leg of uptrend and despite the recent gains, there is still room for more scaling going forward, as trading volumes are clearly expanding positively lately, suggesting the underlying tone is picking up steam.

The sightings of multiple “golden crossings” of the moving averages on the screen, added to our optimism.

Elsewhere, the oscillator per cent K climbed over the oscillator per cent D of the daily slow-stochastic momentum to trigger a short-term buy at the 66% level yesterday.

Also on the upward momentum, the 14-day relative strength index gained from a reading of 46 on Dec 20 last year to settle the week at the 94 points level yesterday.


Click on image for larger view
In addition, the moving average convergence/divergence histogram continued to scale in tandem with the daily signal line and returned to the positive side to keep the bullish note. It had issued a buy call on Nov 24, last year.

Technically, indicators are painting a pretty promising landscape, implying Bintai shares are likely to attract follow-through buying interest in the short-term, thus sending the bulls to a higher ground.

The immediate target is anticipated at the 30 sen mark. The next upper strong hurdle is expected at 45 sen, followed by the 50 sen psychological barrier and a decisive breakout of the stiff resistance of 57 sen will see the bulls becoming more aggressive.

As for the downside, intial support is seen at 21 sen and the rising 21-day simple moving average of 20 sen mark will act as the trailing stop-loss exit. – By K.M. Lee

# The comments above do not represent a recommendation to buy or sell.


viper88
1798 posts

Posted by viper88 > Jan 9, 2017 1:12 AM | Report Abuse

This bintai in May 2015 from 0.21 can shoot up till 0.455 the big players push up strongly.

With the profit gain from receivables. Bintai price is set to go up higher. Current price is still far away from its fair value which will be adjusted higher in coming Financial qtr report.


pc007
230 posts

Posted by pc007 > Jan 9, 2017 7:39 AM | Report Abuse

Momentum shape up...Next qtr result will be > +


char1234
4466 posts

Posted by char1234 > Jan 9, 2017 9:37 AM | Report Abuse

Buy now !!


char1234
4466 posts

Posted by char1234 > Jan 9, 2017 11:13 AM | Report Abuse

tomorrow green again ....slowly but surely


Hakim Sri Jati
3 posts

Posted by Hakim Sri Jati > Jan 9, 2017 11:33 AM | Report Abuse

Worst is over..with the court case victory and secured project in hand


viper88
1798 posts

Posted by viper88 > Jan 9, 2017 11:40 AM | Report Abuse

*Stronger buying strength.. moving towards 0.30++. Bintai cash in hand will be much stronger and financial report will adjust its NTA higher towards 0.45+.

*My own personal view. Not recommendation to buy/sell.


char1234
4466 posts

Posted by char1234 > Jan 10, 2017 10:20 AM | Report Abuse

so fast profit taking ????


viper88
1798 posts

Posted by viper88 > Jan 10, 2017 10:38 AM | Report Abuse

This article out yesterday 9/1/17 say bintai stock with momentum counter was red-flagged, suggesting that investors should exercise extra caution when trading in its shares.
It also only mentioned bintai haf recently won 2 contracts from SG and Vietnam and didnt mention other big projects secured throughout 2015 and the latest big sum of money receiveable from winning court.

Really half cook article.. written with no substance.
case. http://klse.i3investor.com/blogs/the_edge_stock_with_momentum/113370.jsp


viper88
1798 posts

Posted by viper88 > Jan 10, 2017 10:39 AM | Report Abuse

char1234: Vol still low, big players didnt start buying yet today.


nightsmok3
84 posts

Posted by nightsmok3 > Jan 10, 2017 1:28 PM | Report Abuse

have to jus wait for February report to spur them 99


char1234
4466 posts

Posted by char1234 > Jan 10, 2017 3:50 PM | Report Abuse

now is d time to strike when iron is hot.....share price hv appreciated despite low volume over d weeks


char1234
4466 posts

Posted by char1234 > Jan 11, 2017 11:33 AM | Report Abuse

maybe u r right...hv to wait till Feb


viper88
1798 posts

Posted by viper88 > Jan 11, 2017 2:53 PM | Report Abuse

Those contra kakis and profit taking exit.
NTA 0.28 but will be adjusted later in end febuary financial qtrs.
I believe there will be more rounds of uptrend wave towards its financial report..


nightsmok3
84 posts

Posted by nightsmok3 > Jan 12, 2017 1:37 AM | Report Abuse

Patience warriors!


kenlaw
536 posts

Posted by kenlaw > Jan 12, 2017 5:58 PM | Report Abuse

waiting for rm0.30!!!


viper88
1798 posts

Posted by viper88 > Jan 12, 2017 7:08 PM | Report Abuse

*This shares should worth more than 0.40++ once its NTA adjusted to 0.45 later.
Previous qtr results also adjusted NTA from 0.26 to 0.28 with profit gain.
Court case receiveable abt RM39.5 million is abt 4X more than the previous profit reported in May 2015 where price shoot up from 0.21 to 0.455.

*The comments above do not represent a recommendation to buy or sell.


char1234
4466 posts

Posted by char1234 > Jan 12, 2017 9:36 PM | Report Abuse

a matter of time


nightsmok3
84 posts

Posted by nightsmok3 > Jan 12, 2017 11:15 PM | Report Abuse

any suggestion for best buy price ?


char1234
4466 posts

Posted by char1234 > Jan 13, 2017 11:54 AM | Report Abuse

24/24.5 wld be ideal....


char1234
4466 posts

Posted by char1234 > Jan 15, 2017 10:53 AM | Report Abuse

Can rebound next week ? Chartist ?


viper88
1798 posts

Posted by viper88 > Jan 15, 2017 11:15 PM | Report Abuse

This Bintai stock need to see the big players actions/direction. They came in big vol from 0.17 - 0.265 Estimate avg transaction last few weeks abt 0.23+/-.
Bintai was being pressed down throughout 2016 for so long and its time for the rebound.

Since +ve news for the huge sum of receivables out , those big players already start pushing it up and its still far from it coming adjusted NTA fair value.

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