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12,798 comment(s). Last comment by menort at Sep 22, 2020 12:18 PM
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John Foo Sxhong
31 posts

Posted by John Foo Sxhong > May 30, 2017 11:16 AM | Report Abuse

Wait another 2 years


viper88
1798 posts

Posted by viper88 > May 30, 2017 12:26 PM | Report Abuse

Share price is way too low for a company with hundred millions & billion worth projects local/overseas in hand + govt project concession for 25yrs.

Receiveables from court case not added in yet and the purchased on Optimal Development company via share swapped for RM15million is expected to boost Bintai biz assets a OPM is valued at RM24.5 -26.7 millions.

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

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.

http://www.theedgemarkets.com/article/insider-moves-eco-world-development-group-bhd-dagang-nexchange-bhd-ekovest-bhd-jaya-tiasa

Bintai Kinden Corp Bhd welcomed a new substantial sharEholder, Nusankota Development Sdn Bhd, which acquired 50.03 million shares, or 17.39% interest, on March 7. The engineering services firm is now Bintai Kinden’s single largest shareholder.

The block of shares was part of a deal under which Bintai Kinden will acquire 100% of Optimal Property Management Sdn Bhd, which holds a 25-year-concession to design, construct, complete, operate and maintain the on-campus accommodation at Kolej Teknologi Islam Melaka. Bintai Kinden will settle the RM15 million price tag by issuing 75 million new shares to Optimal Property Management’s shareholders, namely Nusankota and two other individuals.


John Foo Sxhong
31 posts

Posted by John Foo Sxhong > May 31, 2017 11:34 AM | Report Abuse

Soon 18cents


Cornerstone
617 posts

Posted by Cornerstone > May 31, 2017 11:35 AM | Report Abuse

so fast ?? sure boh?


bintaigui
14 posts

Posted by bintaigui > May 31, 2017 8:03 PM | Report Abuse

bintai-wa 18cents?? so fast ?? sure bih??


viper88
1798 posts

Posted by viper88 > May 31, 2017 8:17 PM | Report Abuse

The new main shareholders and existing big shareholders also purchase Bintai shares above 0.23 sen yet price support is weak. Need big shareholders buying pressure to push price back its fair share value than just let price drift lower.


viper88
1798 posts

Posted by viper88 > Jun 4, 2017 11:14 PM | Report Abuse

Company shareholders cant make money if the share price always low. Really underperforming and way oversold.


bintaigui
14 posts

Posted by bintaigui > Jun 6, 2017 8:23 PM | Report Abuse

kik lai liao


bintaigui
14 posts

Posted by bintaigui > Jun 6, 2017 8:23 PM | Report Abuse

i gotta feeling.....


viper88
1798 posts

Posted by viper88 > Jun 6, 2017 11:12 PM | Report Abuse

The operators doing badly.. other stocks went up high, split shares, bonus shares issues etcs and price cont to move higher. This bintai shares back to square one and even lower than listing ipo price.

Thought they were acquiring back the shares at low price since last year but till now still buying back at low price 0.23+ and not even push up higher even after won big court case receiveables and won many big projects locally & overseas.


EyesClosed
22 posts

Posted by EyesClosed > Jun 7, 2017 4:42 AM | Report Abuse

http://www.thestar.com.my/business/business-news/2017/06/06/bintai-kindens-subsidiary-lands-rm75mil-contract-in-myanmar/


bintaigui
14 posts

Posted by bintaigui > Jun 7, 2017 7:58 AM | Report Abuse

sound good


bintaigui
14 posts

Posted by bintaigui > Jun 7, 2017 10:07 AM | Report Abuse

tunggu sampai leher pun panjang


viper88
1798 posts

Posted by viper88 > Jun 7, 2017 11:13 AM | Report Abuse

Won RM75million project but price still lower than recent high 0.285. Previous won SG raffles hotel project abt Rm45 million in Mar also didnt shoot up much. Don't know whats the big shareholders and operators manage this share counter. Good news didnt move up much, but when -ve news price drop so much.

http://www.theedgemarkets.com/article/bintai-kinden-undertake-rm4494m-subcontract-works-singapore


miker
722 posts

Posted by miker > Jun 7, 2017 11:29 AM | Report Abuse

how to go up...up. Loss making company and never pay dividend for the last 10 years.


bintaigui
14 posts

Posted by bintaigui > Jun 7, 2017 3:25 PM | Report Abuse

hahaha


bintaigui
14 posts

Posted by bintaigui > Jun 7, 2017 3:26 PM | Report Abuse

http://www.theedgemarkets.com/article/民泰近电涨244-包揽缅甸7450万合约


bintaigui
14 posts

Posted by bintaigui > Jun 7, 2017 3:26 PM | Report Abuse

omgggg


viper88
1798 posts

Posted by viper88 > Jun 7, 2017 5:20 PM | Report Abuse

up so little. 2.44% only http://www.theedgemarkets.com/article/bintai-kinden-244-rm745m-myanmar-deal

Those big shareholders/players still sleeping...zzz


viper88
1798 posts

Posted by viper88 > Jun 8, 2017 4:05 PM | Report Abuse

Won big project RM 75millions also cant move up high. Biz revenues increase, big receivables, new and existing shareholders buying also cant breakout from current oversold level.


bintaigui
14 posts

Posted by bintaigui > Jun 9, 2017 7:02 PM | Report Abuse

haizzzz


viper88
1798 posts

Posted by viper88 > Jun 12, 2017 10:39 PM | Report Abuse

One of the cheapest stock currently as the new shareholders from Optimal and existing main shareholders bought at 0.23 ++. Price currently just like after 25 May 2015 Right Issue 9:10 at 0.20 but difference is tat time Bintai price went up high 0.44 with news potential getting big projects.

Now even after won many big projects price cant move up high, still same as 2 yrs ago share price.


bintaigui
14 posts

Posted by bintaigui > Jun 13, 2017 8:54 PM | Report Abuse

kik lai liao


viper88
1798 posts

Posted by viper88 > Jun 14, 2017 11:11 AM | Report Abuse

Won Mynmar project RM75millions also not yet move up till today.

Bintai Kinden: Bags RM74.5m job in Myanmar. Bintai Kinden Corp has bagged a USD17.5m (RM74.5m) deal in Myanmar to undertake air-conditioning and fire protection installation work. The group said its subsidiary Bintai Kindenko Myanmar Co was awarded the contract by Soilbuild Myanmar Co Ltd on May 28. “No major risk is foreseeable on the contract except for currency risk and it is a non renewable construction contract with fixed contract period,” said Bintai Kinden. The group expects the work to be completed by July 2018. (The Edge)


DickyMe
6227 posts

Posted by DickyMe > Jun 14, 2017 9:38 PM | Report Abuse

75 million not big money for a company.


bintaigui
14 posts

Posted by bintaigui > Jun 14, 2017 11:27 PM | Report Abuse

kik lai liao


viper88
1798 posts

Posted by viper88 > Jun 15, 2017 3:39 PM | Report Abuse

Won Mynmar project RM75million,
Won SG project RM 45million,
Won court case big receivables abt RM40million with interest,
Acquired Optimal Development via share worth RM15million with future prospects of OPM and valuation range of the concession between RM24.5 million and RM26.7 million as ascribed by Russ Ooi & Associates.

2 New shareholders from Optimal join as Bintai main shareholders.
3 existing shareholders bought Bintai shares.

So many +ve news and development in biz yet price drop not moving up +ve.

The management & main big shareholders should do something to boost Bintai shares price as its been too long under perform.


viper88
1798 posts

Posted by viper88 > Jun 15, 2017 7:31 PM | Report Abuse

Stock like Lionind previously drop from 0.80 few yrs ago till 0.21 last year and this year moving up high 0.40+ and breaking higher high till 1.28. Their mainshareholders accumulate and bought back at low price and push it higher.

Bintai shares been accumulated by mainshareholders since last year and also recently.
Still not yet move up after drop from 0.45 in 2015, 0.375 in 2016 and 0.28 in 2017.


viper88
1798 posts

Posted by viper88 > Jun 19, 2017 10:10 AM | Report Abuse

http://klse.i3investor.com/servlets/stk/annchsh/6998.jsp


Ting Kungsing
154 posts

Posted by Ting Kungsing > Jun 20, 2017 2:40 PM | Report Abuse

I will add it back soon. Sold all at 0.26 last month. Waiting it settle down at 0.2 level first.


John Foo Sxhong
31 posts

Posted by John Foo Sxhong > Jun 20, 2017 5:15 PM | Report Abuse

Come ...18 cents


viper88
1798 posts

Posted by viper88 > Jun 21, 2017 11:15 AM | Report Abuse

Private share placement at 0.32, RI 9:10 at 0.20, issue new shares swap for RM15million OPM company purchase. 1st half of 2017 already won Mynmar project RM75million, SG project RM 45million and won court case pending receiveables RM40million with interest.

Price always at low support level, need to strong buying by the big shareholders/players to move this stock up.


Xeno
428 posts

Posted by Xeno > Jun 22, 2017 6:25 PM | Report Abuse

http://www.theedgemarkets.com/article/bintai-kinden-bags-rm122m-construction-job-singapores-lta

It is time, fly tomorrow!


viper88
1798 posts

Posted by viper88 > Jun 23, 2017 12:30 AM | Report Abuse

The big players accumulating Bintai shares at low price since last year many months till now by pressing the price low forcing retailers to sell cheap back to them. Won many big contracts and big receivables from court case yet not reflected in current stock price which currently way much undervalue.


viper88
1798 posts

Posted by viper88 > Jun 23, 2017 10:35 AM | Report Abuse

Bintai Kinden: Bags RM122m construction job from Singapore's LTA. Bintai Kinden Corp has bagged a SGD39.6m (RM122.1m) contract from Singapore's Land Transport Authority (LTA) to undertake mechanical services work for the four-in-one rail and bus depot in Singapore. Bintai Kinden said its 69.8%-owned subsidiary Bintai Kindenko Pte Ltd had accepted a letter of award from the LTA to undertake the mechanical work for the supply and installation of the environmental control system for the depot. The contract is nonrenewable, with completion estimated by 2024. (The Edge)


ryan7642
1977 posts

Posted by ryan7642 > Jun 23, 2017 11:05 AM | Report Abuse

Fast zoom in 2016 n 2017 letter of award..2016 whole year letter of award amount at rm250M+, 2017 half year at rm240M+..if year end 31/3/17 comparison 2017 only grap rm141M+, 31/3/18 2018 up to June at rm196M+..


viper88
1798 posts

Posted by viper88 > Jun 23, 2017 11:17 AM | Report Abuse

Won big projects from Malaysia, SG and Mynmar but yet reflected in share price.. unlike in 2015 bfr won any projects already shot up till 0.45+.


viper88
1798 posts

Posted by viper88 > Jun 23, 2017 1:31 PM | Report Abuse

ryan7642:

All the projects won are big projects.. if combine 2016 and 2017 (1st 6 months) already more abt RM680millions++ worth of business revenues projects but its share price still stuck at near all time low lvl.

Total abt RM440.82 million project secured by Bintai in 2016 not RM 250mil+.

++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
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/
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

In 2017 also already won more than rm242mil++

Won SG project RM 45million, - March 2017
http://www.theedgemarkets.com/article/bintai-kinden-undertake-rm4494m-subcontract-works-singapore

Won Mynmar project RM75million, - Jun 2017
http://www.thestar.com.my/business/business-news/2017/06/06/bintai-kindens-subsidiary-lands-rm75mil-contract-in-myanmar/

Won SG project RM122million - Jun 2017
http://www.theedgemarkets.com/article/bintai-kinden-bags-rm122m-construction-job-singapores-lta

++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

Won court case big receivables abt RM40million with interest - MArch 2017


ryan7642
1977 posts

Posted by ryan7642 > Jun 23, 2017 7:20 PM | Report Abuse

Viper88: well done research^^ ya I miss out some of the award amount perhaps:) anyway the amount of project won is quite close to the boss statement on getting at least 10-20% of 2B sales..


Woody
745 posts

Posted by Woody > Jun 24, 2017 11:40 PM | Report Abuse

Thank you bro Viper88 for info. :D


viper88
1798 posts

Posted by viper88 > Jun 25, 2017 11:45 PM | Report Abuse

This Bintai stock previous have big players play big swing up and down several times.

Price up strongly in May 2015 before RI 9:10 from share priceup 0.29 - 0.39 and drop till 0.21,

1 day bfr RI issue share price push up till 0.39 high,

after ex-RI price drop to 0.21 and the following week from 0.21 up till 0.44 in 1 day.

In June 2015 drop till 0.22 and rise up 0.405.

In Aug 2015 drop till 0.195 and in Jan 2016 share price up till 0.375.

Drop till 0.175 in Nov 2016, up till 0.28 in March 2017

==============================================================

Price swing up really high and also drop down fast previously in 2015 & 2016, currently Bintai shares 0.21 on the low near bottom level even with so many big projects in hand and receivables.
Waiting for the big waves to move up which been way long overdue.


ryan7642
1977 posts

Posted by ryan7642 > Jun 27, 2017 11:32 AM | Report Abuse

Better don't fly first let me sapu more warrant 0.0.95-0.11 perhaps^^


keepeng
103 posts

Posted by keepeng > Jun 27, 2017 12:07 PM | Report Abuse

hahaha


viper88
1798 posts

Posted by viper88 > Jun 27, 2017 7:33 PM | Report Abuse

Recent high was 0.28 on 30/3/17 but price weak support and drop so much till 0.19.
As per latest financial qtr result in May, Bintai NTA 0.31 excluding the receivables of abt RM40 million from court case.

From March - Jun 2017, Bintai already won total contract abt RM 242million but its share price still not moving up high yet.


ryan7642
1977 posts

Posted by ryan7642 > Jun 28, 2017 9:57 AM | Report Abuse

From my view point the more it won the more confident I m so scare wat..dnex during jan-Feb also won a lot but not much movement n mid of Feb fly like crazy..


viper88
1798 posts

Posted by viper88 > Jun 28, 2017 11:23 AM | Report Abuse

From March - May 2017 the big shareholder acquired Bintai shares in big vol at 0.23 and
new big shareholders also acquired bintai shares worth RM15million via OPM purchased.
http://klse.i3investor.com/servlets/stk/annchsh/6998.jsp

Price then went up till 0.28 but the support was weak and drop back 0.20 lvl.

With new big projects won Bintai price still stuck at low price lvl 0.20+/- its really disappointing for all the shareholders.


ryan7642
1977 posts

Posted by ryan7642 > Jun 28, 2017 8:40 PM | Report Abuse

Wow another project win Oo time to fly like dnex lo~~~


viper88
1798 posts

Posted by viper88 > Jun 28, 2017 11:18 PM | Report Abuse

http://www.theedgemarkets.com/article/bintai-kinden-bags-rm324m-contract-singapore-govt

KUALA LUMPUR (June 28): Bintai Kinden Corp Bhd's 69.82%-owned subsidiary in Singapore has won a S$10.4 million (RM32.4 million) government contract to provide integrated facilities management services.

In a filing with Bursa Malaysia today, Bintai Kinden said Bintai Kindenko Pte Ltd will undertake the job, which includes mechanical and engineering work, at the National Development Ministry's offices in Jem Office Tower.

"No major risk is foreseeable on the contract which will be running for a base period of 36 months commencing August 2017 with an option to extend for a further period of up to 24 months thereafter," it said.

Bintai Kanden said the contract is not expected to have any material impact on the group's earnings, earnings per share, net assets per share and gearing for the financial year ending March 31, 2018.

However, the contract is expected to contribute positively towards the group's future earnings, it added.

Bintai Kinden's share price closed down half sen or 2.38% to 20.5 sen for a market capitalisation of RM57.5 million.


ryan7642
1977 posts

Posted by ryan7642 > Jun 29, 2017 8:13 AM | Report Abuse

Just June itself awarded more than 200mil well done...dnex fly on Feb'17 just after announce won the 2nd project on early Feb'17 I recall cos I in that boat too but let go too early:p


viper88
1798 posts

Posted by viper88 > Jun 29, 2017 11:06 AM | Report Abuse

Bintai always consistently won SG and Malaysia govt big contracts. Big shareholders and players keep accumlating at low price instead of pushing its price higher. Other stock like AWC won many govt big projects but price already went up >RM1+.

http://www.theedgemarkets.com/article/magnitech-sunsuria-guan-chong-sapura-energy-ikhmas-jaya-jadi-imaging-bintai-kinden-maxis-lkl

Bintai Kinden Corp Bhd's 69.82%-owned subsidiary in Singapore has won a S$10.4 million (RM32.4 million) government contract to provide integrated facilities management services.

In a filing with Bursa Malaysia today, Bintai Kinden said Bintai Kindenko Pte Ltd will undertake the job, which includes mechanical and engineering work, at the National Development Ministry's offices in Jem Office Tower.

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