Franky Ngo 50 posts | Posted by Franky Ngo > Aug 25, 2018 7:07 PM | Report Abuse big up |
viper88 1798 posts | Posted by viper88 > Aug 26, 2018 6:58 PM | Report Abuse Bintai have 290 million shares about the same number of AWC shares 270million. Both company traded about the same price 0.30+ in 2015 but now AWC already 0.76 but bintai still 0.17 so far lagging behind. Bintai have RI at 20sen 9:10 in 2015. Bintai private share placement at 0.32 in 2015. With so many local and overseas big projects/contracts, Bintai share price been press down low price for accumulation way too long, time to move up high to its fair market value price. |
Darren95 341 posts | Posted by Darren95 > Aug 27, 2018 5:16 PM | Report Abuse qr out |
viper88 1798 posts | Posted by viper88 > Aug 27, 2018 11:02 PM | Report Abuse 13 July 2018 won TNB RM50.48million contracts. http://www.thesundaily.my/news/2018/07/13/bintai-kinden-secures-rm5048m-contract-tnb 9 August 2018 Won RM13.3 ,millon from MRCB https://www.bharian.com.my/bisnes/korporat/2018/08/459955/bintai-kinden-raih-subkontrak-rm133-juta 24 August 2018 Bintai Kinden receives RM1.63m contract from TNB http://www.thesundaily.my/news/2018/08/24/bintai-kinden-receives-rm163m-contract-tnb ============================================================== Fin qtr profit bfr tax 0.744million. +ve financial result. |
Jordan Khoo 1894 posts | Posted by Jordan Khoo > Aug 28, 2018 10:08 AM | Report Abuse Nice ! Start taking profit, thanks. |
persie 1114 posts | Posted by persie > Aug 29, 2018 2:27 PM | Report Abuse Even a good company, this stock needs fresh news everyday to move upward. |
viper88 1798 posts | Posted by viper88 > Sep 3, 2018 11:56 AM | Report Abuse Financial qtr +ve profit result but big players didnt push up much higher. Price still below pre- election price even after won more than RM65million + contracts from TNB and MRCB. |
Jasper Coo 2178 posts | Posted by Jasper Coo > Sep 5, 2018 10:58 AM | Report Abuse Best timing to invest now, buy more earn more hehehe |
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viper88 1798 posts | Posted by viper88 > Sep 20, 2018 12:56 AM | Report Abuse http://www.sinchew.com.my/node/1792491/持逾14亿合约.民泰近电前景可期 10/9/18 Bintai (bintai,6998) currently holds M&E contracts worth between RM 130 million and RM 140 million and is expected to contribute significant revenue over the next two years,including MRT 2 (MRT2) and National Energy (TENAGA,5347). Wang Chunlei, the company's managing director, said recently after the shareholders ' meeting, the two-year period is the peak of the electrical and mechanical engineering services business, the business is expected to have a positive contribution in the fiscal year 2019. State energy is the company's main customer, public facilities contracts accounted for about 30% of the M & E Business, the company expects to increase to 50% in the future. Wang Chunlei said the government decided to cancel the new construction project in order to reduce spending, the new project cost huge, but in recent years, the majority of M & E services are mainly to renovate the old facilities, so I believe will not be affected. “Many of Malaysia's public facilities are aging and need to be regularly renovated to repair the old facilities to avoid a repeat of the 1990s blackout, so this is a project that cannot be removed, " he said.” For example, some of Malaysia's substations have been maintained for decades and need to be refurbished.But at the same time, he said, Min Tai near the core business of the main materials of electricity wire in the copper wire, Malaysia is not production, it can only rely on imports. |
persie 1114 posts | Posted by persie > Sep 24, 2018 5:15 PM | Report Abuse Won contract again by TNB. Now RM14mil. Dont worry, share price will not go up.. I dont know why. |
viper88 1798 posts | Posted by viper88 > Sep 25, 2018 1:17 AM | Report Abuse Won alot local and overseas projects showing the company have the credibility to get big projects /contracts but the mainshareholders, big investors and retailers still not pushing up the price yet unlike in year 2015 & 2016 big spike jump in share price. If compare with its same peers, Bintai share price is underperform and far below its NAPS. ===================================================================== http://www.theedgemarkets.com/article/bintai-kinden-bags-rm14m-gas-insulated-switchgear-contract KUALA LUMPUR (Sep 24): Bintai Kinden Corporation Bhd has bagged a RM14.03 million contract from Tenaga Nasional Bhd to set up a 132kV gas insulated switchgear switching station at Kuchai Lama, Kuala Lumpur. The group's wholly-owned subsidiary Kejuruteraan Bintai Kindenko Sdn Bhd accepted the award, Bintai Kinden said in a filing today. It said the contract is non-renewable and estimated to be completed within 710 days from the commencement date. The group said the contract will contribute positively to its revenue and earnings for the financial year ending March 31, 2019, and to its future earnings and net assets per share. Bintai Kinden's shares closed unchanged today at 15 sen, for a market capitalisation of RM43.14 million. |
viper88 1798 posts | Posted by viper88 > Sep 26, 2018 11:41 AM | Report Abuse Recent high 0.195, big buying avg 0.18 and 0.17 recently during fin qtr week. Now price still not moving up much even won more big projects locally. 13 July 2018 won TNB RM50.48million contracts. 9 August 2018 Won RM13.3 ,millon from MRCB 24 August 2018 receives RM1.63m contract from TNB 24 Sept 2018 won RM14.03 million contract from Tenaga Nasional Bhd Total projects won this year abt RM 80 million contracts but share price only 0.165. |
viper88 1798 posts | Posted by viper88 > Oct 9, 2018 11:38 PM | Report Abuse MOU JV with Vista spring last yr 19/10/17, -> 18/1/18 -> 17/4/18 -> 18/10/18. Share price been stagnant and not going anywhere even after so many new projects won, won court case and improve in financial qtrs. http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=86590&name=EA_GA_ATTACHMENTS BINTAI KINDEN CORPORATION BERHAD (290870-P) Subject: Bintai Kinden Corporation Berhad (“BKCB” or “Company”) Memorandum of Understanding between Kejuruteraan Bintai Kindenko Sdn Bhd (a wholly-owned subsidiary of BKCB) and Vista Springs Development Sdn Bhd We refer to the announcement made by the Company on 19 October 2017 and 18 January 2018 in relation to the Memorandum of Understanding (“MOU”) entered between Kejuruteraan Bintai Kindenko Sdn Bhd (“KBK”) (a wholly-owned subsidiary of BKCB) and Vista Springs Development Sdn Bhd (“VSD”). The Board of Directors of the Company wishes to inform that KBK and VSD have on 17 April 2018, agreed to extend the MOU for a further period of six (6) months until 18 October 2018. The Company will make the appropriate announcement on any new development of the MOU in due course. This announcement is dated 18 April 2018. |
viper88 1798 posts | Posted by viper88 > Oct 18, 2018 10:52 PM | Report Abuse Keep extending MOU till next yr April 2019 http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=90263&name=EA_GA_ATTACHMENTS |
Jolin Lai Chi Pet 1452 posts | Posted by Jolin Lai Chi Pet > Oct 26, 2018 12:43 PM | Report Abuse bought some on today...............i see many big project coming in future |
viper88 1798 posts | Posted by viper88 > Oct 30, 2018 12:05 PM | Report Abuse Need big players to push share price up. Recently try to break 0.20 but weak market and support, down back to low support lvl. Maybe after budget annoucement will move. |
hornbill 731 posts | Posted by hornbill > Oct 30, 2018 3:10 PM | Report Abuse Save to accumulative now profit is real. |
viper88 1798 posts | Posted by viper88 > Nov 1, 2018 3:40 PM | Report Abuse Budget annoucement 2/11/18 tomorrow. Hope will boost market and also this Bintai.. Very bad low stock price but yet to move up. With so many big contracts secured and won big court money, share price still below 0.20. |
viper88 1798 posts | Posted by viper88 > Nov 2, 2018 11:00 AM | Report Abuse Seacera also can shoot up high after drop low, this bintai drop low but still not moving up yet. |
hornbill 731 posts | Posted by hornbill > Nov 19, 2018 1:16 PM | Report Abuse Wait for quarterly result out if good will fly. |
viper88 1798 posts | Posted by viper88 > Nov 21, 2018 9:56 PM | Report Abuse Should be next week week if follow its previous year date. Price been stuck at low lvl so long, need move. |
NoEmo 1101 posts | Posted by NoEmo > Nov 21, 2018 11:52 PM | Report Abuse Expect it to announce its qr the day after tomorrow. |
viper88 1798 posts | Posted by viper88 > Nov 22, 2018 7:35 PM | Report Abuse Fin result out. Thursday, 22 Nov 2018, 5:10PM BINTAI 1H net profit 0.256 million NAPS as end of qtr 0.25 |
Nicholasming91 3573 posts | Posted by Nicholasming91 > Nov 22, 2018 7:46 PM | Report Abuse Sei bintai |
viper88 1798 posts | Posted by viper88 > Nov 26, 2018 6:44 PM | Report Abuse US futures up 200+.. bintai closing also up. |
commonsense 490 posts | Posted by commonsense > Dec 23, 2018 12:16 PM | Report Abuse The company has never been able to deliver any meaningful profit to its shareholder for the past 10 years. Even at the height of its revenue of RM683mil recorded during FY17, it still recorded a core profit loss of RM8.9mil (after deducting impairment loss on receivables and forex loses). The 6m19 result also did not provide any confidence to management’s ability to help turnaround the company with revenue dropping by almost 70% to RM61mil from RM189mil recorded in 6m18. Profit did a lot better but still too small to be consider as a turnaround at only RM250k for the 1H19. With short term debt amounting to RM40mil and cash reserves of only RM7mil, management will need to raised the capital fast in order to pay their obligation. That being said there is still some potential for Bintai especially from its acquisition of Optimal Property Management (OPM) back in Mar 2017. OPM is the contract holder for the RM121 mil concession of Kolej Universiti Islam Malaysia. As of Sep 18 the division is still recording losses. If you are looking to diversify your portfolio outside of Bintai Kinden (due to the perceive weaker earnings outlook), I would recommend you to look at MBMR. MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 5.5x PE (based on target FY18 PATAMI of RM145mil. 9m PATAMI is already RM106mil). PB is low at only 0.5x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17. For FY19 growth will be driven by the still high demand of new Myvi and the launch of the new SUV in 1Q19 and also the new Alza in 2H19. Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions. Most analysts have a TP of above RM3 for the company with Hong Leong being the lowest at RM3.13 and Maybank the highest at RM4.18. Good luck. |
LouiseS 212 posts | Posted by LouiseS > Jan 1, 2019 5:32 PM | Report Abuse Existing M&E projects include electrical works and maintenance for Klang Valley Mass Rapid Transit Phase 1 Depot, Logistic Hub and TNB substations. https://louisesinvesting.blogspot.com/2019/01/comments-on-bintai-kinden-corporation.html |
viper88 1798 posts | Posted by viper88 > Jan 7, 2019 12:13 PM | Report Abuse New year but share price still no moving. |
yokemui 70 posts | Posted by yokemui > Feb 12, 2019 2:39 PM | Report Abuse Why is Bintai moving up this week? Can anyone share news or info for this price movement? Thanks |
viper88 1798 posts | Posted by viper88 > Feb 12, 2019 2:54 PM | Report Abuse yokemui: This bintai counter is ctrl by the big players.. can see the seller queues is 4x higher vol than buyer queues. It seems like they want to accumulates Bintai shares at cheap low prices.. This has been happening since last 1-2 yrs. End of Feb will release financial qtr result, and also the Vista spring jv property land development projects. This JV has been postpones several times already more than 1 year++ since Oct 2017..https://www.edgeprop.my/content/1213491/bintai-kinden-attracts-buying-interest-after-announcement-jv-project That time Bintai shares price was trading at 16.5... retraced from 0,28 within 52week timeframe. If there +ve annoucement soon, Bintai price should moves further up if the big players stop pressure pushing/blocking its price at low lvl. |
yokemui 70 posts | Posted by yokemui > Feb 12, 2019 3:04 PM | Report Abuse Thanks viper. |
viper88 1798 posts | Posted by viper88 > Feb 21, 2019 3:25 PM | Report Abuse Strong buying vol today,, moving back 0.15 |
man8748 32 posts | Posted by man8748 > Feb 21, 2019 5:03 PM | Report Abuse any good news to further push up ? |
viper88 1798 posts | Posted by viper88 > Feb 21, 2019 11:01 PM | Report Abuse Financial qtr result out BINTAI Nine-month profit before tax RM 1.621mil, net profit 0.750 million. Net assets per share at 0.26. Price try to break out but alot heavy seller queue at 0.15. |
man8748 32 posts | Posted by man8748 > Feb 22, 2019 10:46 AM | Report Abuse seems still long way to go back 0.17 |
viper88 1798 posts | Posted by viper88 > Feb 22, 2019 7:01 PM | Report Abuse mirete1101: as per previous annoucement, Bintai won that case. and appeal against bintai by Serdang Baru properties was rejected by court in Feb 2018 https://www.thesundaily.my/archive/appeal-against-bintai-kindens-unit-dismissed-FUARCH523503 With the court awards Bintai won 2 appeal cases, the receiveables + interest RM40mil++ easily double the company cash which increase the company net asset per share value more than 0.49++. NAPS x 2 = 0.496 Its not yet adjusted in financial result pending receiveables. If included in, share price will soar up high in the range of 0.40 - 0.50+ JV 250mil with Vista Spring developer annoucement should be out also soon in April. http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=90263&name=EA_GA_ATTACHMENTS With latest financial qtr showing good profit, Bintai share price still lagging and stuck at lower history price lvl. It seems the big players wanted to buy back shares at low price before adjust the price upper. Already 1yrs since court award annoucement but price still at low lvl. |
DickyMe 7745 posts | Posted by DickyMe > Feb 23, 2019 10:55 AM | Report Abuse Yessaaaaa? |
Ting Kungsing 154 posts | Posted by Ting Kungsing > Feb 25, 2019 9:39 AM | Report Abuse I coming again.. Seating and waiting rocket |
viper88 1798 posts | Posted by viper88 > Feb 26, 2019 9:59 PM | Report Abuse So hard to move even with good qtr finan result out.. |
DickyMe 7745 posts | Posted by DickyMe > Feb 27, 2019 2:42 PM | Report Abuse Lousy profit |
Ting Kungsing 154 posts | Posted by Ting Kungsing > Mar 11, 2019 6:42 PM | Report Abuse No worry. Just collect and hold only. Wont drop below 0.12, if have, i will said thank you. Haha |
viper88 1798 posts | Posted by viper88 > Mar 14, 2019 5:10 PM | Report Abuse So hard to move up, other penny stock moving up so much.. Naim from 0.40 move up till 1.30-1.44 because big players keep pushing. |
viper88 1798 posts | Posted by viper88 > Mar 18, 2019 3:39 PM | Report Abuse Buying vol up again today, seems something is coming soon. |
viper88 1798 posts | Posted by viper88 > Apr 5, 2019 12:13 PM | Report Abuse Price so hard to move, so much contracts in hand contibute to financial profit still not much changes in low share price. JV land developement big GDP also not much boost in share price. Previous contracts secured will hlp boost coming financial qtr profit. https://www.bharian.com.my/bisnes/korporat/2018/08/459955/bintai-kinden-raih-subkontrak-rm133-juta |
DickyMe 7745 posts | Posted by DickyMe > Apr 9, 2019 2:31 PM | Report Abuse Delisting soon |
Hakim Sri Jati 3 posts | Posted by Hakim Sri Jati > Apr 12, 2019 10:55 AM | Report Abuse This time is real ..be patient |
viper88 1798 posts | Posted by viper88 > Apr 12, 2019 12:34 PM | Report Abuse Big buying vol today, looking good. JV this month and financial qtr result still havent adjusted yet for receivables and court case awards. |
persie 1114 posts | Posted by persie > Apr 18, 2019 6:09 PM | Report Abuse MOU with Vista Spring has expired. Half cent down tomorrow. |
mirete1101 140 posts | Posted by mirete1101 > Apr 18, 2019 8:18 PM | Report Abuse Hi persie, the land belong to bintai? later can mou with others company ? |
DickyMe 7745 posts | Posted by DickyMe > Apr 21, 2019 6:56 PM | Report Abuse Delisting soon. |