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13,975 comment(s). Last comment by hanzo at Oct 23, 2020 6:43 PM
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azlan88
509 posts

Posted by azlan88 > Jun 29, 2017 11:40 AM | Report Abuse

Their receivables made up 78% of their total asset! Since they won so many contract from Singapore, delaying the collection works in favour to them due to the weakening ringgit, and the same time it become a natural hedging for all their cost (for Singapore) contract. If the ringgit strengthen against Singapore dollar, you may see the collection of receivables would be faster to avoid the depreciation of their receivables value. However I personally think should collect the receivables and pay their borrowings to improve their cashflow.

Based on revenue and cost, looks like their margin is very tight. Yes, they have won many contracts but at very low margin.


viper88
1798 posts

Posted by viper88 > Jun 29, 2017 1:19 PM | Report Abuse

Bintai share price recent highest at 0.28 and bigshareholders buying Bintai shares at 0.23.
Even after several annoucement since Mar- Jun 2017 won big projects total abt RM 272.4 million Bintai price still struggles to move up at current low lvl 0.21.

Most other penny stock after won big projects, share price will rose up steadily.


Hua Joshuaayoung
234 posts

Posted by Hua Joshuaayoung > Jun 29, 2017 9:44 PM | Report Abuse

keep om receive award.. i duno is good or bad.... nabeh quote low low cant make money what is the point ?


viper88
1798 posts

Posted by viper88 > Jun 29, 2017 11:26 PM | Report Abuse

JETSON won contracts RM919million, its share price from 0.35 early this month shot up till 0.45 - 0.50 today after annoucement out. Jetson share was only trading at 0.20 last year July and this year its share price already rose up high 0.50 closing 0.485 today.

http://www.theedgemarkets.com/article/kumpulan-jetson-bags-rm919m-building-subcontract-share-price-hits-2yr-high

Bintai won total abt RM 713.22million (RM440.82 million in 2016 and RM abt 272.4million in 2017) but its price still at 0.20+/- range.. still same as last year price. Share price performance really disappointing for its shareholders. Still stuck at around lowest price range level even with so many big projects won and big receiveables from winning court case.


DickyMe
6604 posts

Posted by DickyMe > Jun 30, 2017 10:29 AM | Report Abuse

" The Board of Directors of BINTAI is pleased to announce that Bintai Kindenko Pte Ltd, a 69.82% subsidiary of the Company, has received a Letter of Acceptance from the Ministry of National Development (“MND”) of Singapore to undertake the provision of Integrated Facilities Management Services and M&E Work for the MND Offices located at Jem Office Tower (“Contract”) for a Contract Sum of S$10,443,492 (Singapore Dollar Ten Million Four Hundred Forty Three Thousand Four Hundred and Ninety Two) or equivalent to approximately RM32,383,180 (Ringgit Malaysia Thirty Two Million Three Hundred Eighty Three Thousand One Hundred and Eighty) based on the exchange rate of S$1:00 : RM3.1008 as of todate.

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..."


man8748
32 posts

Posted by man8748 > Jun 30, 2017 11:55 AM | Report Abuse

despite all the good news, the stock is not moving at all


viper88
1798 posts

Posted by viper88 > Jun 30, 2017 8:37 PM | Report Abuse

So far In 2017 also already won more than rm272.3mil++ but its price back to lower lvl 0.20 instead of moving higher than 0.28 recently. The big shareholders and big players still no take any actions only left retailers buying and selling lower each days.

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 SG project RM 32.3million - Jun 2017
http://www.theedgemarkets.com/article/bintai-kinden-bags-rm324m-contract-singapore-govt

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


DickyMe
6604 posts

Posted by DickyMe > Jun 30, 2017 9:26 PM | Report Abuse

Relax !!! Take a break! Come back in August.


viper88
1798 posts

Posted by viper88 > Jun 30, 2017 10:19 PM | Report Abuse

Bintai share currently trading at very low price for all its big contract secured and pending big receivables. Its business revenue since 2016 till today 2017 already about RM 713.22millions and with receivables from winning court case will be abt RM 750millions.

Previously in 2012, Bintai business revenue only at RM 368millions and its share price was traded at RM0.50, after RI 9:10 in May 2015 at 0.20 its price was traded in between 0.20 - 0.45 but drop lower back to 0.20 lvl range. http://nexttrade.blogspot.my/2012/06/bintai-poised-to-start-its-upleg.html

Currently in 2017, even after business revenue increase abt 2x compare than in 2012, Bintai shares still traded at low price 0.20+/- range. http://www.stockhut.com.my/news/93571


DickyMe
6604 posts

Posted by DickyMe > Jul 1, 2017 12:15 AM | Report Abuse

Getting paid is more important.


viper88
1798 posts

Posted by viper88 > Jul 1, 2017 12:51 PM | Report Abuse

As of April 2015, Bintai Kinden has an order book of RM500 million in Malaysia and S$480 million (RM1.3 billion) in Singapore, which will last the group for two to three years. http://www.thesundaily.my/news/1383654

With 2016 and 2017 biz revenues total of abt RM 713.22millions, Bintai already hit more than RM2billion+ order book/biz revenues target yet its price still not reflected by its strong biz contracts secure and share price is stubbornly not moving anywhere.

Consistently winning big projects from SG and Malaysia govt shows that Bintai have proven biz track records
and future biz growth. This should reflect in higher share price instead of merely 0.20.


Woody
745 posts

Posted by Woody > Jul 1, 2017 9:22 PM | Report Abuse

Hope time will come soonest. :-)


Tigerchan
180 posts

Posted by Tigerchan > Jul 1, 2017 10:13 PM | Report Abuse

Bintai management don't care about sharehoder. As long I get salary, that's important.


viper88
1798 posts

Posted by viper88 > Jul 2, 2017 11:42 PM | Report Abuse

Tigerchan: http://www.investopedia.com/articles/basics/03/020703.asp

Bintai main/major shareholders holding most of Bintai shares, they need Bintai shares price go up to increase market capitalization and value of the company shares. If share price performance is bad, it will effect Bintai management as well in the future.


DickyMe
6604 posts

Posted by DickyMe > Jul 3, 2017 9:00 AM | Report Abuse

MR ONG CHOON LUI 16-Jun-2017
Disposed 845,500
-

MR ONG PUAY KOON @ MAH SOCK HENG 16-Jun-2017
Disposed 845,500


viper88
1798 posts

Posted by viper88 > Jul 3, 2017 10:16 AM | Report Abuse

The main/major shareholders acquired big vol of Bintai shares in Apr and May when price is low

BINTAI HOLDINGS (M) SDN BHD 31-May-2017 Acquired 4,857,004
MR ONG CHOON LUI 31-May-2017 Acquired 4,857,004
MR ONG PUAY KOON @ MAH SOCK HENG 31-May-2017 Acquired 4,857,004
BINTAI HOLDINGS (M) SDN BHD 21-Apr-2017 Acquired 2,000,000 0.230
MR ONG CHOON LUI 21-Apr-2017 Acquired 2,000,000 0.230
MR ONG PUAY KOON @ MAH SOCK HENG 21-Apr-2017 Acquired 2,000,000 0.230
BINTAI HOLDINGS (M) SDN BHD 13-Apr-2017 Acquired 5,086,680 0.230
MR ONG CHOON LUI 13-Apr-2017 Acquired 5,086,680 0.230
MR ONG PUAY KOON @ MAH SOCK HENG 13-Apr-2017 Acquired 5,086,680 0.230
BINTAI HOLDINGS (M) SDN BHD 06-Apr-2017 Acquired 6,443,500 0.230
MR ONG CHOON LUI 06-Apr-2017 Acquired 6,443,500 0.230
MR ONG PUAY KOON @ MAH SOCK HENG 06-Apr-2017 Acquired 6,443,500 0.230


viper88
1798 posts

Posted by viper88 > Jul 3, 2017 10:00 PM | Report Abuse

Already won more than rm272.3mil++ as per June, biz revenue as grow so much higher but its price not even budge up yet. Share price always low hard to raise more fund for future big contracts.


man8748
32 posts

Posted by man8748 > Jul 4, 2017 10:18 AM | Report Abuse

waiting to spike i suppose?


viper88
1798 posts

Posted by viper88 > Jul 4, 2017 2:07 PM | Report Abuse

Previously price spike up high before RI and also news bidding for Rm 2Billion projects.
Now already won so many big projects and pending big receivable money but price still stuck at 0.20 level.

Recent price move up till 0.28 when theres big vol shares bought by major shareholders but later drop so much till 0.195, weak support play by the big players and shareholders.

Other stock like Jetson already move up so much till 0.40- 0.50 range and AWC already break RM1.. this Bintai still sleeping..


Albukhary
1735 posts

Posted by Albukhary > Jul 4, 2017 2:13 PM | Report Abuse

Viper88, the problem with Bintai is it Management integrity.
No matter how many project they been award, they will always submit a loss making report card.
No only one quarter, it has been making loss for many many quarter d.
You see the problem?


viper88
1798 posts

Posted by viper88 > Jul 4, 2017 2:28 PM | Report Abuse

Bintai price surge 55% after reported profit in Mar 2015, its price also up 12.5 till 0.35. http://www.sharetisfy.com/2015/05/bintai-6998-bintai-kinden-surges-5556.html

Yes, financial result quite disappointing, even pending receivable money from court case not include in yet.
Previously the management says weak RM currency and impairment of receivables which have been written off Jan 2016 where the price traded at 0.35. http://www.stockhut.com.my/news/93571

Currently its price is much more lower than last year Jan 0.35.


man8748
32 posts

Posted by man8748 > Jul 4, 2017 3:37 PM | Report Abuse

Tried to enter @ 0.20, not one is selling...


viper88
1798 posts

Posted by viper88 > Jul 4, 2017 8:19 PM | Report Abuse

0.20 is oversold low price . Bintai should be worth more than 0.45+ with big projects future potential high profits and court case money.

Jetson after contract 919million project cancel today big plunge from highest recently 0.50 till 0.345 today.
No big project its share still trade at 0.345 even higher than Bintai share price!

Bintai with many big projects in hand and won big money from court case only trading at 0.20.. even cheaper than recent big shareholders big purchases at 0.23+ and also RM15million shares purchase for OPM company.


ryan7642
1979 posts

Posted by ryan7642 > Jul 5, 2017 9:41 PM | Report Abuse

Buy warrant go for bigger margin play la buy n hold till it active easily above 10%^^


viper88
1798 posts

Posted by viper88 > Jul 6, 2017 10:16 AM | Report Abuse

Warrant still long time to expired and may not follow main shares movement. Bintai shares been way sold down, even after big contracts secured and big shareholders bought in big vol its price not moving up. Accumulation by the shareholders since last year so long till price stuck at 0.20 lvl range.

Bintai used to be a good trading stocks in 2015 with good vol transaction and price movement but since 2016 till now its been very weak even after awarded many big projects.


viper88
1798 posts

Posted by viper88 > Jul 6, 2017 1:44 PM | Report Abuse

In Oct 2016, Jetson share price only 0.20+. Jetson this yr Jan price move towards 0.30 and continue moving up even when financial qtr result not good. Its share price broke higher high 0.40 and 0.50. Now retracing back 0.30+ range . Lost big project but shares price still much more higher than Bintai at 0.33. http://www.thestar.com.my/business/business-news/2017/07/05/jetsons-contract-joy-shortlived/

Bintai won many big contracts since 2016 and 2017 but its share price only RM0.20 still havent move up much.
No big players want to push this stock up yet.


Tigerchan
180 posts

Posted by Tigerchan > Jul 6, 2017 4:51 PM | Report Abuse

Viper88, are you frustrated with this counter. You still speak very much of bintai. I had bought this counter twice, make money. Very frustrated, regret bought the third time. This time make, would never come back.


DickyMe
6604 posts

Posted by DickyMe > Jul 6, 2017 5:20 PM | Report Abuse

viper88 wait for progress from end of July to August..


wenlijianqinyun79
556 posts

Posted by wenlijianqinyun79 > Jul 6, 2017 7:29 PM | Report Abuse

我检查了Bintai,directors bought higher at 23 cent compared with current closing price。
https://klse.i3investor.com/servlets/stk/annchdr/6998.jsp
Bintai 让我回想起PSIPTEK 但是才10 cent左右.

Bintai almost same situation with Psiptek last time (B4 only at 9-10 cent)
Psiptek‘s director bought HUGE / LARGE SHARES at 18 cent.
https://klse.i3investor.com/servlets/stk/annchdr/7145.jsp
几天后,Psiptek from 10-11 cent MOVED UP and UP to 13.5-14 cent,
then slow down back to 12.5-13 cent. After that, Boosted UP to 15.5-16 cent.
Correction price in few days at 15.5-16 cent,
Then Toward 20 cent++。
Now came back 17 cent。


ryan7642
1979 posts

Posted by ryan7642 > Jul 6, 2017 10:42 PM | Report Abuse

from my track record on warrant play i only follow the theory mother up son up surely will gain much bigger margin vs mother:)


viper88
1798 posts

Posted by viper88 > Jul 6, 2017 11:26 PM | Report Abuse

Tigerchan: Sure frustrated because price alway cant move up higher even with so many big projects secure locally and overseas. Recent high was at 0.28 and set to break above 0.30+ but support was weak and sold down all the way to 0.19 and stuck at 0.20. At 1st it looks like accumulation by the big players but its been too long and no +ve strong upward sign.

Bintai already won big amount of receivables from winning court case and their big shareholders bought Bintai shares at 0.23+, biz revenues increase many so much every quarter and yearly also still failed to move Bintai share price higher.. Bintai shares price chart been downtrend since 2016 till now unable to breakout from its lowest price range price for many months. Other stocks like AWC, Jetson, etcs already move up with good buying transaction. AWC won many big projects and its share price been moving up from 0.30+ till more than RM1++ whereas Jetson reported financial losses and big project cancel still trading at higher price than Bintai.

Bintai NAPS & NTA 0.31 as per May financial qtr report excluding receivables from court case and potential big future profits from all the previous and latest projects won. If include in should be around 0.45+ but currently Bintai shares price stuck at 0.20 only.


ryan7642
1979 posts

Posted by ryan7642 > Jul 7, 2017 9:40 AM | Report Abuse

Dnex win 75M so active but bintai more than 200M still dormant..when times come surely will fly high^^ just done add some more warrant today:)


Tigerchan
180 posts

Posted by Tigerchan > Jul 7, 2017 11:10 AM | Report Abuse

Little upset, don't tell me you are not frustrated. However, you kept repeating getting lots of projects. Yet, not moving.


viper88
1798 posts

Posted by viper88 > Jul 7, 2017 12:02 PM | Report Abuse

Its supposed /expected to move up above 0.30++ bfr & after the annoucement of big projects awarded by SG govt but could be due to festival/holiday weeks less buyer and more sellers exit.

Now abt 2 week+ most investors/traders/retailers already back into market but still Bintai price not moving up.
Big shareholders and big players bought in big vol in Apr& May and seems still buying at low price by putting high vol queue selling to block price from moving up.


ryan7642
1979 posts

Posted by ryan7642 > Jul 7, 2017 4:09 PM | Report Abuse

Ya hit but think another way it allow me hv time to keep pump n accumulated for higher margin play:) just pump further 0.105^^


viper88
1798 posts

Posted by viper88 > Jul 7, 2017 7:34 PM | Report Abuse

Its warrant maturity at 2020 exercise 1:1 at 0.20. Currently warrant is way overpriced and still long to expired.
Mother share need to be above 0.30++ then only warrant have value for conversion.

Main share currently at 0.20 range is better buy than warrant, because it need to move much higher before warrant can have +ve value unless have big players push the warrant share price ahead of main share price.


Hua Joshuaayoung
234 posts

Posted by Hua Joshuaayoung > Jul 7, 2017 10:25 PM | Report Abuse

bila ini bintai mau jadi SENDAI ?


viper88
1798 posts

Posted by viper88 > Jul 7, 2017 11:50 PM | Report Abuse

ryan7642: DNEX NAPS/NTA only 0.24, but trading at 0.595-0.60 today. Won RM75million contracts.. but shares price move up so high because strong buying. DNEX have high no. of issued shares.. 1.75 billion shares but its price been moving up strong since year Jan at 0.26 till recent high 0.79 and today 0.595.

Bintai only have 290 million shares, should be easy to move up with so many big projects secured if the big players take actions but been sleeping for too long.


ryan7642
1979 posts

Posted by ryan7642 > Jul 8, 2017 8:46 AM | Report Abuse

Viper88 : actually I don't give a shit on the son conversion price etc first at thought I m not going to convert (as I not very long investment player like those experience)..for me so care about concerti on for wat?mom move son follow move n son easy achieve 10% above vs mom..n the expire so long away n not like this year going to expire so is pretty safe to invest in volume..
Ya u r right dnex is 8-9 times of bintai issued shares so it can be up easily so can up easily why I not take the biggest margin play (go for warrant)^^
Anyway just my point of view cos I make plenty profit via other high converting rate counter eg bjcorp/nexgram/scbuild all bring me more than 30% at least:)


viper88
1798 posts

Posted by viper88 > Jul 8, 2017 2:05 PM | Report Abuse

Hua Joshuaayoung: Not just Sendai, AWC also up the sky above RM1...
Bintai big players didnt even push up when won big contracts recently. Bintai is one of the underperforming share lagging so far from its other same peer sectors.


ryan7642
1979 posts

Posted by ryan7642 > Jul 8, 2017 2:26 PM | Report Abuse

Waiting my next fund come in..target collect at least 800k unit of warrant if possible only 40% achieve so far aiks><


DickyMe
6604 posts

Posted by DickyMe > Jul 8, 2017 8:34 PM | Report Abuse

"Hua Joshuaayoung bila ini bintai mau jadi SENDAI ?
07/07/2017 22:25 "

Tunggu +- 1 tahun...kikiki


christophertopher
594 posts

Posted by christophertopher > Jul 9, 2017 11:29 AM | Report Abuse

建筑业下半年回扬‧明年有望强劲复苏 http://www.sinchew.com.my/node/1660572/建筑业下半年回扬‧明年有望强劲复苏


viper88
1798 posts

Posted by viper88 > Jul 9, 2017 12:45 PM | Report Abuse

christophertopher: Bintai have no problem getting big projects. Since 2015, 2016 and this year Bintai been awarded many big contracts locally and overseas. Can see in financial report Bintai business revenue keep increase every quarterly and yearly.


stockintalk
797 posts

Posted by stockintalk > Jul 9, 2017 8:06 PM | Report Abuse

BINTAI is a Buy and hold counter 如果你不是contra play 的话。


christophertopher
594 posts

Posted by christophertopher > Jul 9, 2017 10:07 PM | Report Abuse

BINTAI Undervalue?

依据4th Qr. Report FY2017,
BINTAI 营业额录取RM186.19 mil vs 同期的RM152.45 mil。
Loss Before Tax was rm13.09 mil vs loss rm1.38 mil a year ago.

A higher operating expenses and lower gross profit margin resulted BINTAI
recorded higher loss b4 rax for current quarter.

BINTAI revenue for current financial year ended was rm682.79 mil
vs rm477.60 mil in previous financial year.

Overseas operations for the mechanical and electrical engineering services
continue to generate high revenue whivh contributed to the higher revenue
for current financial year.

ONE THING WE MUSTKNOW ABOUT BINTAI is .....
LOWER IMPAIRMENT LOSS ON RECEIVABLES CONTRIBUTED TO LOWER
OPERATING EXPENSES FOR CURRENT FINANCIAL YEAR AS WE COMPARED
TO THE PREVIOUS FINANCIAL YEAR.

THE QUANTUM OF GROSS GENERATED IS COMPARABLE TO THAT OF THE
PREVIOUS FINANCIAL YEARS.
THE LOWER OPERATING EXPENSES RESULTED IN A LESSER LOSS B4
TAX OF RM12.98 MIL AGAINST LOSS B4 TAX RM24.49 MILIN THE PREVIOUS
FINANCIAL YEAR.

以上这点足以说明BINTAI 的lower Impairment loss & lower operating expenses
大大降低该公司的亏损距离.
RM24.49 mil 减RM12.98 mil =RM11.51 mil
亏损率减少到整47%!

迈向2018财政年,BINTAI的确有望大幅度收窄,甚至成功转盈.

Pls mark my words above and below here.

我们当作BINTAI在将踏入Fy2018财政年的营业额为此在每一季RM150 mil就好,
一年营业额有RM600mil。
赚副4%就好,盈利料RM24 mil,with 票数289.59 mil 张
每股盈利EPS 8.288 cent.
比益本5x就好了(没有这么低的)
2018 财政年的BINTAI会值RM0.41.


PROSPECTS OF BINTAI
BINTAI WILL CONTINUE TO EXPLORE FOR NEW BUSINESS VENTURE AND
OPPORTUNITIES WITHIN ASIA TO CREATE SYNERGISTIC BUSINESS COLLABORATION
WHILE MAINTAINING A COMPETITIVE EDGE AND SUSTAINABLE GROWTH IN THE
CURRENTLY CHALLENGING MARKET.


viper88
1798 posts

Posted by viper88 > Jul 10, 2017 1:40 AM | Report Abuse

Bintai TP : 0.41. should be higher if include the recent big projects won and also big receivables from winning court case.


stockintalk
797 posts

Posted by stockintalk > Jul 10, 2017 12:26 PM | Report Abuse

顾客拖欠的数也许下个季报进账。
如果顾客没有欠Bintai钱,股价早就飞了!


Tigerchan
180 posts

Posted by Tigerchan > Jul 10, 2017 1:08 PM | Report Abuse

Bintai can win Billions business, but stock price don't move, its useless.


viper88
1798 posts

Posted by viper88 > Jul 11, 2017 10:10 AM | Report Abuse

Bintai big shareholderes wont be able to increase their market capitalization and hard 2 raise fund for future business plan if share price always at low lvl. Can see theres big shareholders bought Bintai shares in big vol Apr & May at 0.23 + OPM new shareholders entered at RM15million for Bintai shares yet the price drop till 0.20.

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