THE INVESTMENT APPROACH OF CALVIN TAN
BINA PURI - THE STARTLING REVELATION (While Price Goes Down INSIDERS LOADING UP!) Calvin Tan
calvintaneng
Publish date: Mon, 03 Oct 2016, 12:10 AM
calvintaneng
0 1,856
Hi Guys,
I have An Investment Approach I which I would like to all.
I have An Investment Approach I which I would like to all.
Dear Fellow Successful Investors of i3 Forum,
I am happy for all fortunate friends who visit here.
Before I continue let me tell the story again
I have been reading Sun Tze's Art of War. One particular point is "All warfare involves deception".
That's how the Japanese during 2nd World War tricked the Mighty British Army in Singapore. The British thought Singapore was impregnable because of its Huge Guns at Fort Siloso, Sentosa Island - pointing at the Pacific Ocean. No Japanese ship appeared at all. The Japanese Army only 36.000 soldiers defeated the British with 135,000 soldiers.
Japanese Bicycle army came by way of Kota Bahru through Estate Roads - avoiding the major trunk roads which were filled with pill boxes with manned machine guns for protection.
How did these Jap soldiers know. Well, before 2 WW started there were 6,000 Japanese in Malaya & Singapore working as barbers, 10 cent provision store, photographer & other jobs scattered throughout Malaya. They were actually spies. Secretly they took vital photos, drew up road maps, located all the military installations, defense posts and Heavy Guns of the British.
At the outbreak of the 2 WW these "spies" returned to Malaya as "soldiers" and being very familiar with Malaya geography led the invasion.
Now in just weeks Malaya fell & they assembled at Johor.
There were 36,000 Japanese soldiers versus 135,000 British & Australian soldiers in Singapore.
General Percival directed his army to defend the Western Side of Spore with the highest fortification & soldiers. He left the Eastern part of Spore near Kranji to the Australian & local poorly trained soldiers - only a miserable 3,000 to defend it.
Seeing the Heavy Fortification of Changi Beach the Jap really planned their deception well in their Conquest of Spore.
They got together hundreds of lorries at night. Turned on the head lights & drove them from the Western part of Johor to the Eastern Part of Johor. Then they "switched off" the headlights & drove quietly in the darkness of the night back to the Western part of Johor - turned on the head lights again & drove towards the Eastern part of Spore & repeated this process many, many times throughout the entire - CREATING THE ILLUSION THAT JAPANESE SOLDIERS ARE MOVING MASSIVELY FOR A HEAD ON ATTACK IN CHANGI!
This deception worked very well according to plan. Gen Percival & his entire army swallowed the bait & sent more artillery & men to the North Eastern Shore of Spore - preparing for the "invasion".
Then the tens of thousands of Jap soldiers crossed into Kranji. The 3,000 poorly equipped soldiers were caught & surprised & overwhelmed in retreat. When The British found out the truth it was too late!!
After that the Mighty British with 135,000 soldiers surrendered to the Jap with only 36,000 soldiers. It was a battle of brain over brawn. (Actually 50,000 British & Australian soldiers were captured in Malaya & 85,000 others surrendered in Singapore)
So what is the moral of the story for BPuri?
DON'T LOOK AT THE OBVIOUS LIKE GEN PERCIVAL WHO MADE THE FATAL MISTAKE!!
That's how the Japanese during 2nd World War tricked the Mighty British Army in Singapore. The British thought Singapore was impregnable because of its Huge Guns at Fort Siloso, Sentosa Island - pointing at the Pacific Ocean. No Japanese ship appeared at all. The Japanese Army only 36.000 soldiers defeated the British with 135,000 soldiers.
Japanese Bicycle army came by way of Kota Bahru through Estate Roads - avoiding the major trunk roads which were filled with pill boxes with manned machine guns for protection.
How did these Jap soldiers know. Well, before 2 WW started there were 6,000 Japanese in Malaya & Singapore working as barbers, 10 cent provision store, photographer & other jobs scattered throughout Malaya. They were actually spies. Secretly they took vital photos, drew up road maps, located all the military installations, defense posts and Heavy Guns of the British.
At the outbreak of the 2 WW these "spies" returned to Malaya as "soldiers" and being very familiar with Malaya geography led the invasion.
Now in just weeks Malaya fell & they assembled at Johor.
There were 36,000 Japanese soldiers versus 135,000 British & Australian soldiers in Singapore.
General Percival directed his army to defend the Western Side of Spore with the highest fortification & soldiers. He left the Eastern part of Spore near Kranji to the Australian & local poorly trained soldiers - only a miserable 3,000 to defend it.
Seeing the Heavy Fortification of Changi Beach the Jap really planned their deception well in their Conquest of Spore.
They got together hundreds of lorries at night. Turned on the head lights & drove them from the Western part of Johor to the Eastern Part of Johor. Then they "switched off" the headlights & drove quietly in the darkness of the night back to the Western part of Johor - turned on the head lights again & drove towards the Eastern part of Spore & repeated this process many, many times throughout the entire - CREATING THE ILLUSION THAT JAPANESE SOLDIERS ARE MOVING MASSIVELY FOR A HEAD ON ATTACK IN CHANGI!
This deception worked very well according to plan. Gen Percival & his entire army swallowed the bait & sent more artillery & men to the North Eastern Shore of Spore - preparing for the "invasion".
Then the tens of thousands of Jap soldiers crossed into Kranji. The 3,000 poorly equipped soldiers were caught & surprised & overwhelmed in retreat. When The British found out the truth it was too late!!
After that the Mighty British with 135,000 soldiers surrendered to the Jap with only 36,000 soldiers. It was a battle of brain over brawn. (Actually 50,000 British & Australian soldiers were captured in Malaya & 85,000 others surrendered in Singapore)
So what is the moral of the story for BPuri?
DON'T LOOK AT THE OBVIOUS LIKE GEN PERCIVAL WHO MADE THE FATAL MISTAKE!!
Let me tell you what My Johor Sifu did with Pitaras Jaya. He saw Insiders exercising PTaras Jaya ESOS shares at Rm1.90. But Ptaras Jaya shares weakened to a low of Rm1.40 already down 27%? So? Does price weakness shows Insiders were wrong?
PTaras was in piling. And it has to be paid first or else if there is payment default Ptaras can sue. And the project will be halted. So there is a defensive mode for PTaras Jaya. And Ptaras Jaya Shot up to Rm7.00 & split (Up 500%).
I noticed one counter which I gave my Johor Sifu - YEE LEE. YEE LEE Share price dropped year after year its high of Rm2.62 in year 2000 to its low at only Rm1.00 in year 2005.
These are the prices of YEE LEE (From STOCK PERFORMANCE GUIDE By Dynaquest. March 2009 Edition)
YEE LEE PRICES
YEAR...........YEAR LOW.............YEAR HIGH
2000...............1.62...........................2.62
2001...............1.36............................1.87
2002................1.27...........................2.03
2003................1.12............................1.70
2004.................1.16...........................1.60
2005.................1.00............................1.25
As you can SEE from the price chart Year 2000 low was Rm1.62 & by Year 2005 Price has crashed to only Rm1.00.
Anyone who bought YEE LEE in Year 2000 would have suffered losses & given up hope for good. And every anaylst & remisier, stock broker or trader who have wrung their hands and given up on YEE LEE in total despair.
But Lo & Behold!
Calvin spotted INSIDERS & TOP BOSSES LOADING UP ON YEE LEE more & more all the way from Rm2.00 to Rm1.00.
The lower YEE LEE dropped - the more they Loaded Up!!
So I told my Johor Sifu to check up on YEE LEE. And I was glad for him. He bought into YEE LEE. He also told his son to buy YEE LEE. And YEE LEE subsequently SHOT UP IN PRICE. Gave Bonus Issue & Split! After Split & Bonus Issue our cost is only 35 sen today.
As of now YEE LEE closed at Rm2.26. If you add the yearly dividend & reinvested them YEE YEE would be almost Rm2.80. So divide Rm2.80 by 35 cts = 800%. Wow! That's an 800% gain on YEE LEE. Where are you MG9231 the Great Johor Sifu? Better belanjar me to abalone and shark fin if you are reading this!
So there are 2 Things On The Surface
1) YEE LEE Share Prices Crashed from a High of Rm2.62 to a low of Rm1.00 in year 2005
2) Everyone who bought into YEE LEE from Years 2000 to 2004 have suffered losses for 4 long years. And no remisier, stock broker or trader will touch YEE LEE shares.
The Surprising Thing Is This:
In the absence of good news INSIDERS were Loading Up YEE LEE shares!!
I think you lucky guys are now looking at another potential YEE LEE. The Next Super Stock is none other that
BINA PURI!!
Why is it so?
If you look at the Prices of Bina Puri you will find that they are really deplorable
These are the Year Low & Year High Prices of BINA PURI (From SPG - Dynaquest. Sept 2015 Edition)
Year..........Year Low..........Year High
2010..........0.74....................1.54
2011..........0.85....................1.65
2012..........0.80....................1.05
2013..........0.57....................0.88
2014..........0.50....................0.80
2015..........0.33....................0.65
2016..........0.36....................???
From these Price Ranges you can SEE:
BPuri's highest for Year 2010 was Rm1.54 & lowest was in Year 2015 at only 33 cents. So many who bought from Year 2010 to 2014 are still suffering huge losses. So all analysts, remisiers, stock brokers, day traders have Given Up All Hope in Bina Puri & wrung their hands in despair in total capitulation.
The Surprising Thing Is This!
While the Appearance of BPuri looks so deplorable and unpromising as attested by these fellow i3 forumers' comments taken from
BPuri forum tread:
See what they say:
Posted by valueinvestor > Feb 28, 2015 03:50 PM | Report Abuse 
OMG. What kind of company is this?
Profit after tax = RM 41 mil, BUT
Profit attributable to shareholders = RM 1 mil only.
Is the company mostly working for the Non-Controlling Interests only?
Best to quickly sell and forget about this kind of company altogether!
Posted by Jolin Lai Chi Pet > Mar 12, 2015 05:56 PM | Report Abuse
this company run by a group of conman! better run......................huge order book but profit so little. Always said cost over run!
Posted by fatty_tang > Mar 28, 2015 04:57 PM | Report Abuse
this company sucks. the interest rates of their loans are so damn high (about 8%). with bank borrowings amounted to more than $500 million, $40 million is needed to service the loan annually, explaining why their margin is so damn thin. can't make money no matter how many projects they secure.
Posted by wooBo > May 12, 2016 12:18 PM | Report Abuse
masuk longgang
Posted by wooBo > May 16, 2016 10:48 AM | Report Abuse
semua sudah kena BULI la...
Posted by tnang > Jul 26, 2016 12:27 PM | Report Abuse
sell lah, I sell all
Posted by DaitoRyu > Jul 26, 2016 12:50 PM | Report Abuse
PBH is good for revenue, contribution to profits is minimal!
Posted by tnang > Jul 26, 2016 02:35 PM | Report Abuse
yup, a lot of work, but no profit!!!
Posted by foosf > Aug 31, 2016 02:45 PM | Report Abuse
knock knock knock.... anybody home... why no move liao....
Posted by georgecostanza > Sep 7, 2016 04:33 PM | Report Abuse
lanciao punya kaunter
Posted by beso > Sep 20, 2016 10:00 AM | Report Abuse
far far over value
sell
Posted by mamatede > Sep 27, 2016 03:49 PM | Report Abuse
Very high PE !
|
Posted by makubex718 > Sep 30, 2016 03:36 PM | Report Abuse yaloh die liao |
|
 imlearning 107 posts |
die gao gao ... |
Posted by ahjib88 > Oct 2, 2016 06:13 PM | Report Abuse
Bpuri= Busuk Puri, company always steal money from small shareholder, ended up margin less than FD rate, waste time.
Posted by Ikaztahkik > Oct 2, 2016 09:13 PM | Report Abuse
sell
Calvin comments:
As you have read from the above posts - almost 90% of the people are very pessimistic on BPuri and call for a sell down on BPuri.
So how to buy leh? Not when you SEE WHAT INSIDERS ARE DOING!!
Now Go SEE the 2015 Annual Report & Scroll to Top 30 Share Holders!
THIRTY LARGEST SHAREHOLDERS
No. of Shares % of Shares
1. RHB Nominees (Tempatan) Sdn. Bhd. 15,342,778 6.59 for Tan Sri Datuk Tee Hock Seng, JP...........6.59%
2. Ng Keong Wee ...........................14,093,600........................................................................................ 6.05
3. Jentera Jati Sdn. Bhd............... 10,388,000.......................................................................................... 4.46
4. Kittipat Songcharoen................. 10,000,000......................................................................................... 4.29
5 Jentera Jati Sdn Bhd (KLC)....... 10,000,000 4.29
6. MSX Ventures Sdn. Bhd................ 8,467,600 ......................................................................................3.64
7. Datin Lee Kuan Chen.................... 8,000,000....................................................................................... 3.44
8. Datuk Henry Tee Hock Hin............. 5,594,668...................................................................................... 2.40
9. Dato Mohamad Feisal .....................5,238,000..................................................................................... 2.25
10. Dr Tan Cheng Kiat....................... 5,000,000....................................................................................... 2.15
11. Chan Fong Yun............................ 5,000,000....................................................................................... 2.15
12. Dr. Tan Cheng Kiat .......................4,368,902....................................................................................... 1.88
13. San Tuan Sam ............................ 3,638,800....................................................................................... 1.56
14. Cheo Chet Lan @ Chow Sak Nam, KNM.......... 3,126,884.................................................................. 1.34
15. Maju Offshore Sdn. Bhd.................................... 3,046,000.................................................................. 1.31
16. Taraf Cendana Sdn. Bhd................................... 3,000,000.................................................................. 1.29
17. Goh Kui Lian..................................................... 2,860,000................................................................... 1.23
18. Matthew Tee Kai Woon..................................... 2,818,925................................................................... 1.21
19. Lim Seng Chee .................................................2,425,500 ...................................................................1.04
20. Tay Hock Lee.................................................... 1,807,707.................................................................... 0.78
21. Tan Sri Datuk Tee Hock Seng, JP..................... 1,430,000.................................................................... 0.61
22. Foong Ai Lin...................................................... 1,426,000................................................................... 0.61
23. Siow Wng Yen @ Siow Kwang Hwa..................1,320,000................................................................... 0.57
24. Tee Hock Loo................................................... 1,215,207................................................................... 0.52
25. Dato’ Razali Bin Daud, JP................................. 1,123,000................................................................... 0.48
26. Ng Cheng Lean................................................ 1,038,000................................................................... 0.45
27. Teo Geok Kiam (MY1156)................................ 1,000,000................................................................... 0.43
28. Lye Wee Ken..................................................... 1,000,000................................................................... 0.43
29. Tay Hock Soon (MY1055).................................. 898,900..................................................................... 0.39
30. Yeong Ah Sung.................................................. 880,600 0.38
Total............ 135,549,071.............................................................. 58.22
1. Tan Sri Datuk Tee Hock Seng is no. 1 & no. 21 top holders with a total of 7.2% shares of BPuri
Latest filing shows:
Total no of securities after change
| Direct (units) | 18,489,778 |
| Direct (%) | 7.64 |
| Indirect (units) | 4,863,925 |
| Indirect (%) | 2.01 |
| Total (units) | 23,353,703 |
| Total (%) | 9.65 |
| Date of Notice | 14-Jul-2016 |
He has increased his holdings to 9.65%
2. Matthew Tee Kai Woon has only 1.21% according to Annual Report 2015. This Year he is Whacking Up BPuri shares!
| Name | MR MATTHEW TEE KAI WOON |
| Descriptions(Class & nominal value) | Ordinary shares of RM0.50 each |
Details of changes
Currency: Malaysian Ringgit (MYR)
|
Type of transaction
|
Date of change
|
No of securities
|
Price Transacted ($$)
|
|
Others
|
14/07/2016
|
1,560,000
|
0.500
|
| Circumstances by reason of which change has occurred |
ESOS |
| Nature of interest |
Direct |
| Consideration (if any) |
RM780,000 |
Total no of securities after change |
|
| Direct (units) | 4,463,925 |
| Direct (%) | 1.844 |
| Indirect/deemed interest (units) | 18,889,778 |
| Indirect/deemed interest (%) | 7.803 |
| Date of notice |
14/07/2016 |
His share holdings JUMPED from a mere 1.21% to 9.65%
3. Dr Tan Cheng Kiat is no 12 with 1.88%
See how much he added
Particulars of Director
| Name | DR TAN CHENG KIAT |
| Descriptions(Class & nominal value) | Ordinary shares of RM0.50 each |
Details of changes
Currency: Malaysian Ringgit (MYR)
|
Type of transaction
|
Date of change
|
No of securities
|
Price Transacted (RM)
|
|
Others
|
11/07/2016
|
300,000
|
0.540
|
| Circumstances by reason of which change has occurred |
ESOS |
| Nature of interest |
Direct |
| Consideration (if any) |
RM162,000.00 |
Total no of securities after change |
|
| Direct (units) | 9,668,902 |
| Direct (%) | 4.048 |
| Indirect/deemed interest (units) | |
| Indirect/deemed interest (%) | |
| Date of notice | 11/07/2016 |
His share holdings Jumped from 1.88% to a new high of 4.048%!!
So these are the clear evidences of INSIDERS Buying in the absence of good news (only bad news after bad news)
And who are these 3 Very Active Directors who bought and bought as if there is no tomorrow?
In the Annual Report:
l Report 2015 Tan Sri Datuk Tee Hock Seng, JP, Malaysian, aged 67, was appointed to the Board on 5 November 1990 and was subsequently appointed as the Group Managing Director on 22 November 1994.
He is an experienced entrepreneur with more than 40 years business acumen in trading, construction and development. He is responsible for the day-to-day operations of the Group. Currently, he is an Exco member of Malaysia South-South Association and Perdana Leadership Foundation. He is a Director of Malaysian South-South Corporation Bhd. and Malaysian Industry-Government Group for High Technology (MiGHT). He also serves as the Honorary President of The Federation of Hokkien Associations of Malaysia, Honorary Chairman of the Malaysia Quarries Association, Honorary Chairman of The International Fellowship of Eng Choon Associates, President of the Kuala Lumpur Eng Choon Hoey Kuan, Chairman of the Chinese Maternity Hospital (CMH) and Deputy President of Tung Shin Hospital and Chairman, Board of Governors of SMJK Confucian. He is also the Honorary Chairman of the Young Malaysians Movement and The Federation of Malaysian Clans & Guilds Association as well as an elder of Elim Chapel. He was appointed a member of the Senate (Ahli Dewan Negara), Parliament of Malaysia on 15 July 2008 for a duration of three years and had served as Treasurer-General of Malaysian Chinese Association (MCA) from 2008 to 2010. A respected individual in the construction industry, he was accorded the “Most Prominent Player” by the Construction Industry Development Board in 2005, being one of the highest individual award recognised by the industry. As at 31 March 2016, he held 16,799,778 ordinary shares of the Company and did not have any securities holdings in any of its subsidiaries. Except for recurrent related party transactions of a revenue or trading nature which are necessary for day-to-day operations of the Company and its subsidiaries and for which he is deemed to be interested as disclosed on page 189 of the Annual Report, there are no other business arrangements with the Company in which he has personal interests. He is also the Chairman of the Group Executive Committee and a member of the Remuneration Committee.
Dr Tony Tan Cheng Kiat, Malaysian, aged 68, founded Bina Puri Sdn. Bhd. in 1975 and has been the Executive Chairman since its inception. He was appointed to the Board of the Company on 5 November 1990. He is responsible for the growth and ongoing development of the Company’s business. He was instrumental in the development of a number of major projects throughout Malaysia for the Group. He holds a doctorate in Business Administration and is also a licensed builder. He has been successful as a private property developer in Australia. With his wide experience, he has brought much progress to the Group. As at 31 March 2016, he held 9,368,902 ordinary shares of the Company and did not have any securities holdings in any of its subsidiaries. Except for recurrent related party transactions of a revenue or trading nature which are necessary for day-to-day operations of the Company and its subsidiaries and for which he is deemed to be interested as disclosed on page 189 of the Annual Report, there are no other business arrangements with the Company in which he has personal interests. Dr Tony Tan is a member of the Group Executive Committee.
DR TONY TAN CHENG KIAT Founder Director
Matthew Tee Kai Woon, Malaysian, aged 41, joined the Company in December 2003 as Special Assistant to the Group Managing Director. He was appointed as Executive Director on 1 December 2009 and was redesignated as Group Executive Director on 7 March 2013. He is a Chartered Accountant and has been admitted as a member of the Malaysian Institute of Accountants (MIA). He is also a Certified Financial Planner and a member of the Certified Practising Accountant, Australia. He is currently the President of the Master Builders Association Malaysia (term 2012-2014 and 2014-2016). He has been a Board member of Construction Industry Development Board Malaysia (CIDB Malaysia) since 2013 as well as Construction Labour Exchange Centre Berhad (CLAB) since 2012. He is also the Treasurer of the Malaysian Steel Structural Association (MSSA). Previously, he was the Administrator of the Chinese Maternity Hospital from 2001 to 2003 and was once attached to PricewaterhouseCoopers in the audit department. He holds directorships in several other companies. He was recently appointed a member of the National Science Council (term 2016/2017) by the Prime Minister of Malaysia. As at 31 March 2016, he held 2,818,925 ordinary shares of the Company and did not have any securities holdings in any of its subsidiaries. He is a member of the Group Executive Committee.
MATTHEW TEE KAI WOON Group Executive Director
So We Have These 3 Top Guns of BPuri Buying Up BPuri Shares
GROUP MANAGING DIRECTOR - Datuk Tee Hock Seng
FOUNDER DIRECTOR -Dr. Tony Tan Cheng Kiat
GROUP EXECUTIVE DIRECTOR - Matthew Tee Kai Woon
If BPuri is a JUMBO JET Then We Have The Pilot & 2 Assistant Pilots here!
If BPuri is an Army - Then We Have The 5 Star General and both his left and right hand men here!
What do they SEE ahead that we don't? Will BPuri going to give Bonus Issues with Free Warrants? Or some Entity going to take BPuri private at a higher price like Super, Kulim or TMakmur? Or are they going to declare some surprising good earnings with special dividend thrown in?
Only time will tell.
But Their Substantial Buying Tell Us A Lot of The Coming Bright Future of BPuri.
As of now the Top 30 Substatial shareholders are holding almost 80% paid up shares of BPuri. In Annual Report of 2015 you see only a total of 58%. Now with INSIDERS GOBBLING UP ALL CHEAP UNDERVALUE BPURI SHARES PLUS 10% PRIVATE PLACEMENT SHARES There is Very Little Freefloat of BPuri Shares left in the open market.
And WHO WERE THE BUYERS of 21 MILLION BPURI PRIVATE PLACEMENT SHARES AT 50 CENTS!
That's a Rm21 MILLION RINGGIT QUESTION?
Good night everybody,
Yours to a Successful Multi Baggars Investments,
Warmest regards,
Calvin Tan
Jurong West, Singapore
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Discussions
2 people like this. Showing 50 of 54 comments
Risky biz with wonderful price ? Suut for Calvin only.
I prefer Wonderful biz at fair/low price .
2016-10-03 10:17
A better spot into construction sector are 'Piling specialist' eg.Econbhd .
( this sector receive their payment at the initial stage ).
KKB the most beneficiary proxy amongst the Pan Borneo Highway success bidders.
' Cost control ' are Crucial key to be profitable in construction sector.
Whereas, Gadang & Kerjaya cosistently deliver a much stedier EBITA than Bpuri.
30/09/2016 00:38
2016-10-03 10:26
Why Calvin so bias? His counters full of debts never mind but other people hentam like no tomorrow. Conman always a conman.
Posted by shareinvestor88 > Oct 3, 2016 11:43 AM | Report Abuse
Full of debt
2016-10-03 13:44
why_no_dividend Why Calvin so bias? His counters full of debts never mind but other people hentam like no tomorrow. Conman always a conman.
Posted by shareinvestor88 > Oct 3, 2016 11:43 AM | Report Abuse
Full of debt
03/10/2016 13:44
Why Calvin so bias?
His counters full of debts?
Well, if you look at the total Assets of BPuri against its total debts BPuri is Bullishly Positive!
But other people (counters) hentam like no tomorrow?
Calvin replies again:
Answer:
Calvin only warn on high flying balloon shares like Ifca, Sumatech, VSolar, Comcorp, AAX and all other shares chased into Bubble territories.
Why must Calvin give warning?
Answer:
To save newbies from stepping on landmine shares that will later cause them to lose lots of monies. So Calvin with a kind heart over-flowing with concern and compassion is trying his best to save fellow i3 forumers from danger.
It is a fact that eventually 80% to 90% of Stock Market Players Will LOSE MONEY. Even friends like Duit, Fortunebullz, Murali, hiddengem, johnmaster(investlah) and many others also suffer losses after losses.
Only the 10% or less who go against the crowd eventually Made All The Monies!
THIS IS THE TRUTH!
2016-10-03 17:07
The truth is your portfolio suck.
Newbies are fading to read this kind of tweaking fact posting.
DON'T POST RUBBISH AGAIN !!!
2016-10-03 18:08
hmm interesting the way this calvin says things...
e.g Why must Calvin give warning? (why must he refer to himself and so much spelling mistakes by the way) e.g monies...debts....not to mention BJcorp is Berkshire hathaway n CPO rm6000...omg!
weird fella....oh well...i guess we normal ppl wont understand...cheers
2016-10-03 18:31
chowsingchi hmm interesting the way this calvin says things...
e.g Why must Calvin give warning? (why must he refer to himself and so much spelling mistakes by the way) e.g monies...debts....not to mention BJcorp is Berkshire hathaway n CPO rm6000...omg!
weird fella....oh well...i guess we normal ppl wont understand...cheers
03/10/2016 18:31
It's ok,
See
mon·ies
ˈmənēz/Submit
plural form of money, as used in financial contexts.
Calvin also use these words frequently
YAHOOOOO!!!!
YEEEEEEEEHAAAAA!!!
HIP HIP HOORAY!!!
WOW! WOW! WOW!
See All the Stocks that made me 100% to 200% caused me to shout aloud many a time!
2016-10-03 18:57
I'm in since 38 .... Way before Calvin recommended as I can see some operators are accumulating .... Be greedy when others are fearful .... If you believe in FA, looks carefully at the boss's comment: focus on recurring income ... I'm on Calvin's side in BPuri ... Bring it on
2016-10-03 21:27
ezobear
I'm in since 38 .... Way before Calvin recommended as I can see some operators are accumulating .... Be greedy when others are fearful .... If you believe in FA, looks carefully at the boss's comment: focus on recurring income ... I'm on Calvin's side in BPuri ... Bring it on
03/10/2016 21:27
Very happy for Ezobear,
Only 19% shares of BPuri left in Free Float now.
This will be either
a) A Cornered Stock
b) A Stock Ready For Privatization
c) Ripe for Capital Exercise with Bonus & Free warrants
d) Special Surge in Earnings cum Special dividend
Or all 4 of the above at one go.
Congratulation! You are a rare one in i3 forum
Hold tight for a Multi Year Upside for BPuri!!!
2016-10-03 21:36
Hi is thies claventaneng the one who ask people to buy
ARMADA (RM 1.30), PERISAI (50sen),?? What's up doc?
2016-10-03 21:59
He also recommended MP Corp, BJ Corp, Mulpha, Mui, etc all Holland counters.
2016-10-03 22:07
Posted by Eternal > Oct 3, 2016 09:55 PM | Report Abuse
is tat true that clavintaneng called you to buy ARMADA @ RM 1.30 or PERISAI @ 50 sen once upon a time?
Yes Calvin did,
Calvin also asked people to buy Kulim at Rm2.50 (taken private at Rm4.10 up 60%). Calvin also asked people to buy Waseong at 72 cts. Waseong jumped to 94 cts (Up 30%)
Calvin also asked people to buy
Jaks (Up 200%)
Silk (Up 200%)
Pohuat (Up 200%)
Super Enterprize (Up 200%)
My Eg (Up 100%)
Jerasia (Up 100%)
Supermax (Up100%)
Ipmuda (Went Limit Up)
These 3 taken private Super, Kulim & TMakmur.
Next time follow all Calvin's call closely, ok?
03/10/2016 22:08
X
calvintaneng Eternal
Clavintaneng recommends BPURI or BRUSI... is that ok to switch there to recover?
03/10/2016 21:36
BPURI IS VERY VERY GOOD!
But don't sell your Perisai as Oil is rebounding
03/10/2016 22:09
2016-10-03 22:11
A long and windy article which can be summarised in one line - "Directors buy, so I recommend you to follow."
2016-10-04 01:30
Pick up 2-3 counters every month, in 5 years time, it is ranging 120 to 180 companies, sure there are 10+ companies doubled up or more.
How about those masuk longkang one?
Declaration by Calvin, check it out yourself from Calvin's comment section:
May 4, 2016 10:12 AM | Report Abuse
PLENITUDE IS A TSUNAMI SHELTERED STOCK
May 4, 2016 10:11 AM | Report Abuse
MHC PLANT A GREAT TSUNAMI SHELTERED STOCK
May 4, 2016 10:11 AM | Report Abuse
CEPAT IS A TSUNAMI SHELTERED STOCK
May 4, 2016 10:10 AM | Report Abuse
RSAWIT IS A TSUNAMI SHELTERED STOCK
May 4, 2016 10:10 AM | Report Abuse
BPLANT IS A TSUNAMI SHELTERED STOCK
May 4, 2016 10:09 AM | Report Abuse
TH PLANT IS A TSUNAMI SHELTERED STOCK
May 4, 2016 10:08 AM | Report Abuse
PINEPAC IS A TSUNAMI SHELTERED STOCK
May 4, 2016 10:08 AM | Report Abuse
INSAS IS A TSUNAMI SHELTERED STOCK
May 4, 2016 10:07 AM | Report Abuse
KWANTAS IS A TSUNAMI SHELTERED STOCK
May 4, 2016 10:07 AM | Report Abuse
OPCOM IS A TSUNAMI SHELTERED STOCK
May 4, 2016 10:05 AM | Report Abuse
THIS MULTICO A GREAT VALUE BUY!
2016-10-04 02:04
All palm oil companies recommended by Calvin few months ago all masuk longkang. If you trust him for what he said, you are insane too.
2016-10-04 02:05
Calvin is selectively forgetful person, he can only remember those price up.
2016-10-04 02:06
Posted by KLCI King > Oct 4, 2016 02:05 AM | Report Abuse
All palm oil companies recommended by Calvin few months ago all masuk longkang. If you trust him for what he said, you are insane too.
KLCI King
437 posts
Posted by KLCI King > Oct 4, 2016 02:06 AM | Report Abuse
Calvin is selectively forgetful person, he can only remember those price up.
Calvin replies,
Answer:
You are careless
You forgot that my Kulim made 60% (this one palm oil)
And TMakmur will be making 30% (this one palm oil)
Also MKH & MKH Warrant Made 50% (this one also palm oil)
Masteel already made 55%
Prestar or Pre Star (Buy before it turns into a star) Up 45%
And RCECapital already made another 60%
These recent stocks already made
A WHOPPING 300% PROFIT!!! YAHOO!!
Now see what you call Masuk Longkang:
Plenitude is doing fine with BIGGEST IKEA IN TEBRAU BEING BUILT
MHC Plant only dropped 10% from 90 cts to 81 cts.
Cepat rebounded lately
RSawit also dropped by 10%
BPlant has given 9 cts dividend
THPlant only drop less than 10%. Well supported by Dynaquest Fund
Pinepace onlt lost 2 cts.
INSAS I bought below 70 cts - so there is a profit
Same goes for JTiasa - there is a profit
Kwantas rebounding now
Opcom just gave a 2 cts dividend - and more cash payout on the way.
Multico (MCE Hld) I still making as I loaded more at 72.5 cts.
And I forgot to mention AJIYAA Jumping YA!
I made more than 100% - Ajiya jumped from Rm2.05 to over Rm4.30 & split.
SEE!
You are selectively very very careless
NEXT TIME BEFORE YOU POST YOU MUST CHECK AND COUNTER CHECK CAREFULLY, OK?
2016-10-04 03:43
Why do we need to invest in bina puri stock . There are so many other stocks that can out performed bina puri ? I don't see the point .
2016-10-04 04:02
Precisely.
So were those who missed Super Enterprize, Jaks and Pohuat.
All up 200% each.
And many missed Ajiya, My Eg, Jerasia, Ipmuda - all up 100%
And many more will miss Bpuri for the same reason.
Remember the sequence
The eagle SEES First
Then followed by other flying birds
The 90% chicken on the ground see nothing at all until too late
2016-10-04 04:08
Agree. QR is poor and no dividend.
Posted by michaelwong > Oct 4, 2016 04:02 AM | Report Abuse
Why do we need to invest in bina puri stock . There are so many other stocks that can out performed bina puri ? I don't see the point .
2016-10-04 05:04
See beyond the surface. See through the obvious. By the time Co reports a great Qr and declares a special dividend BPuri will no longer be so cheap. By then it will be too late.
Calvin tells all to follow insiders!
Just buy 10% of what Insiders are buying.
If they buy 100,000 shares just by 10,000 shares. . this is the secret
2016-10-04 07:18
Matthew Tee will shows his true colour soon like what is happening in HAIO .... stay tune & see who is laughing to the bank after 1 year.
BPuri, a lousy stock at 0.415; Gadang, a gem at 2.90; let's see what happen in Oct 2017.
2016-10-04 07:32
Gadang is in similar industry like Bpuri. Both are in construction and Real Estate. The difference is very stark - Gadang is now in multi year high while BPuri is now multi year low. While Gadang Insiders are disposing shares BPuri Insiders are buying own shares like no tomorrow.
To sum it up. Gadang is an outright sell while BPuri is an outright buy!
Warren Buffet likes Insiders and Directors buying up their own Company shares.
2016-10-04 08:13
Uncle Tee is scarifying the margin to repair the reputation after KLIA2 fiasco. Winning 4 Pengerang contracts are no play play. Building the Russian embassy is another evidence of Uncle Tee's strategy.
Recurring income: LATAR, Malls & Indonesia power plant.. more to come ..
Uncle Tee is nurturing Matthew by helping him in building up reputation & connection. Time will prove who is the winner ....
2016-10-04 09:30
Good morning all fortunate & happy holders of BPuri shares,
Remember Substantial Shareholders are now owning 81% of the Total Paid Up shares of BPuri. You are among the few lucky ones who hold some of the 19% Free Float.
Once the threshold are taking up by Calvin's Johor Buddies & clever ones in i3 Forum Bpuri can easily go limit up like Ipmuda!
Hooray!!
According to Ben Graham/ Walter Schloss the margin of safety is 30% discount to NTA. So Bpuri NTA is now 93 cts. After 30% discount is 65 cts.
See. At 42 cts we have a Big Margin of Safety.
2016-10-04 09:40
Bina Puri Holdings Bhd executive director Matthew Tee Kai Woon is of the view that Budget 2017 will be positive for construction firms, with more contracts to be awarded in the final quarter of this year.
“The immediate one will be MRT2 and LRT3, followed by the Sabah section of Pan Borneo Highway next year,” he commented.
Tee also advised investors to start looking at construction stocks, because they are the prime beneficiaries of mega infrastructure projects.
“It should be a good year for us. If the oil price rebounds, there will be a lot of oil and gas projects that require general works from us,” he further said.
Calvin Comments:
NO WONDER MATTHEW TEE INCREASED HIS BINA PURI SHARE HOLDINGS FROM 1.2% TO ALMOST 10%. HE IS SO CONFIDENT OF WINNING PROJECTS FOR YEAR 2017 BUDGET?
04/10/2016 10:17
2016-10-04 10:20
If the oil price rebounds, I will buy oil stocks first before construction stocks.
2016-10-04 16:10
IF MULPHA -- 45 SEN IS STEP #1 COLLECTION/ACCUMULATE,
THEN WHAT IS 21 SEN NOW? STEP #2 SHORT SELL? CAN U SHORT MULPHA?
WHAT IS THIS ABOUT?
2016-10-04 22:56
Posted by Eternal > Oct 4, 2016 10:55 PM | Report Abuse
PERISAI LOSSES>85% YOU NEED A STOCK THAT CAN UP 6X TO RECOVER THE LOSS
Eternal
8 posts
Posted by Eternal > Oct 4, 2016 10:56 PM | Report Abuse
IF MULPHA -- 45 SEN IS STEP #1 COLLECTION/ACCUMULATE,
THEN WHAT IS 21 SEN NOW? STEP #2 SHORT SELL? CAN U SHORT MULPHA?
WHAT IS THIS ABOUT?
Did you buy these 4 stocks?
Jaks, Super Enterprize, Silk & Pohuat?
All made 200% each!
Why only follow in part - follow fully ok?
Now go buy BPuri first thing tomorrow!
2016-10-04 23:00
After reading all your comments, i think better do own homework. I am newbie here. As construction sector will benefits in Budget 2017, hope BPuri get a slice of job and slowly ramp up the price. Gadang too high for me. Even Gamuda-W which is heavily promoted by KYY, i will also avoid.
2016-10-04 23:15
Posted by TheContrarian > Oct 5, 2016 08:29 AM | Report Abuse
Matthew Tee only owns 1.85% of the Bina Puri. His indirect interest is held mostly through his father, Tan Sri Datuk Tee Hock Seng.
Calvin noted
Thanks for high lighting this.
Will check on this later.
I am happy to answer Icon8888's question
Posted by Icon8888 > Oct 5, 2016 07:57 AM | Report Abuse
Whether you can make money to follow Calvin to buy Bina Puri will depend on coming quarters results. If results are good, you will make money. Otherwise you will get stuck
Everything else is irrelevant, especially Charter Accountant
Calvin answers:
If you check the project awards
YOU WILL NOTICE THAT MANAGEMENT ALREADY CALCULATED THAT THOSE PROJECTS AWARDED IN YEAR 2015 WILL SHOW UP POSITIVELY IN THE RESULTS ENDING FOR YEAR 2016
Rm80 Millions for 440 Units of Flats in Sabah
The Board is pleased to announce that Bina Puri Sdn. Bhd., a wholly owned subsidiary of Bina Puri Holdings Bhd. had accepted the award for the role of project management consultant for the project known as “Mereka Bentuk, Membina dan Menyiapkan 440 unit rumah pangsa 5 tingkat (walkup flats) serta kerja-kerja berkaitan dengannya untuk Program Perumahan Rakyat (PPR) di Pitas, Sabah from Arus Sutera Sdn. Bhd. at contract sum of RM80 million. The works mentioned above shall be completed within 42 months.
The said project is expected to contribute positively to the net assets and earnings of Bina Puri Group for the financial year ending 31 December 2016.
NOTE: THE SAID PROJECT IS EXPECTED TO CONTRIBUTE POSITIVELY TO THE NET ASSETS AND EARNINGS OF BINA PURI GROUP FOR THE FINANCIAL YEAR ENDING 31 DECEMBER 2016
Rm73 Millions For RAPID Project from PETRONAS
EXECUTION OF PIPE SLEEPER AND UNDERGROUND SERVICES PACKAGE FOR PACKAGE-22 RAPID PROJECT
The Board is pleased to announce that Bina Puri Sdn. Bhd., a wholly owned subsidiary of Bina Puri Holdings Bhd. had accepted the Letter of Award from Punj Lloyd Sdn. Bhd. on 9 June 2016 for the execution of pipe sleeper and underground services for Package-22 RAPID project at contract sum of RM73 million. The works mentioned above shall be completed within 18 months.
With the latest award mentioned above, the Group’s unbuilt book order stands at RM1.62 billion as at to date.
The said project is expected to contribute positively to the net assets and earnings of Bina Puri Group for the financial year ending 31 December 2016 from the contract income in respect of progress payment received
NOTE: THE SAID PROJECT IS EXPECTED TO CONTRIBUTE POSITIVELY.....
....FOR FINANCIAL YEAR ENDING 31 DECEMBER 2016 FROM THE CONTRACT INCOME IN RESPECT OF PROGRESS PAYMENT RECEIVED.
NOTE FURTHER THESE WORDS CAREFULLY:
"CONTRACT INCOME IN RESPECT OF PROGRESS PAYMENT RECEIVED"
In other words BPURI's RM2 BILLIONS JOB AWRDED IN YEAR 2015 WILL HAVE PROGRESSIVE INCOME ESPECIALLY IT WILL SHOW UP IN THE ACCOUNTS OF 31 DECEMBER 2016
So Seeing GOOF RESULTS AHEAD MATTHEW LEE IS NOW PROGRESSIVELY LOADING UP BPURI SHARES ON THE QUIET
To be continued...
2016-10-05 09:15
And for Projects Awarded for Year 2016 the results will show up in the Balance Sheet for 31 December 2017.
And More:
Since Malaysia's GE is coming soon there will be more project awards for BPuri as it is Govt Linked. See Pm Najib gave lots of projects to GKent & GKent shares have more than doubled in price by now.
Both UMNO & MCA Companies will need cash for the coming GE - latest by year 2018.
And read carefully the words of BPuri's Matthew Tee:
Bina Puri Holdings Bhd executive director Matthew Tee Kai Woon is of the view that Budget 2017 will be positive for construction firms, with more contracts to be awarded in the final quarter of this year.
“The immediate one will be MRT2 and LRT3, followed by the Sabah section of Pan Borneo Highway next year,” he commented.
Tee also advised investors to start looking at construction stocks, because they are the prime beneficiaries of mega infrastructure projects.
“It should be a good year for us. If the oil price rebounds, there will be a lot of oil and gas projects that require general works from us,” he further said.
NOTE:
1) BUDGET 2017 WILL BE POSITIVE FOR CONSTRUCTION FIRMS
2) MORE CONTRACTS TO BE AWARDED IN THE FINAL QUARTER OF THIS YEAR
3) IMMEDIATE ONE WILL BE MRT2 and MRT3
4) FOLLOWED BY PAN BORNEO HIGHWAY NEXT YEAR (Bpuri with CMSB already secured Sarawak side. Now Brunei & Sabah portion coming soon)
5) HE ALSO ADVISED INVESTORS TO START LOOKING AT CONSTRUCTION STOCKS
6) BECAUSE THEY ARE PRIME BENEFICIARIES OF MEGA INFRARSTRUCTURE PROJECTS
7) IT SHOULD BE A GOOD YEAR FOR US (BPURI)
8) IF OIL PRICE REBOUNDS, THERE WILL BE A LOT OF OIL AND GAS PROJECTS THAT REQUIRE GENERAL WORKS FROM US
AND FURTHER NOTE: BPURI's SUBSTANTIAL SHARE HOLDERS IS MMC'S BOSS. Although he is holding BPuri Shares in private capacity I think if BPuri needs help MMC will definitely be there.
ALL THE SALIENT FACTORS POINT TO A VERY POSITIVE TIME AHEAD FOR BPURI
BPURI - AN IDEA WHOSE TIME HAS COME!
2016-10-05 09:16
Jentera Jati once a largest shareholders has paired down their stakes from over 20% to less than 10% !
And, another prominent business man owned company Bumimaju Mawar has also sold their stakes from over 19% in year 2010 to almost 0% ( not even appeared in the 30 largest shareholders list ) !!
I believe we should also asked ourself why should we buy into Bina Puri if the riched has sold their's at loss ?
2016-10-05 16:01
Gen2 Please also take notice that Jentera Jati once a largest shareholders has paired down their stakes from over 20% to less than 10% !
And, another prominent business man owned company Bumimaju Mawar has also sold their stakes from over 19% in year 2010 to almost 0% ( not even appeared in the 30 largest shareholders list ) !!
I believe we should also asked ourself why should we buy into Bina Puri if the riched has sold their's at loss ?
05/10/2016 15:58
Yes, Gen2,
Jentera Jati is owned by MMC Boss privately.
fyi
Former Gamuda Director son also took up private placement of BPuri shares at Rm1.00. He is still the Top 2 shareholder of BPuri. His name is Ng Keong Wee.
So over the years substantial holders come and go.
BUT I AM MORE INTERESTED IN WHAT CURRENT DIRECTORS ARE DOING.
Last time I saw INSIDERS OF TN LOGIS BUYING AT RM1.50 & I FOLLOWED THEM. TN LOGIS LATER GAVE BONUS ISSUE, WARRANT AND SHARE SPLIT - PRICE SHOT UP TO RM7.00 and SPLIT UP 500%
SO I EXPECT SOMETHING GOOD TO HAPPEN FOR BPURI ALSO
05/10/2016 17:15
2016-10-05 17:30
Posted by Gen2 > Oct 5, 2016 05:58 PM | Report Abuse
Calvin, welcome on board...to wonderland or holland ?
Calvin thinks like this:
First I want to be safe. How?
Buying BPuri provides me MARGINS OF SAFETY
Why? Because I want to sleep soundly every night. When my head hits the pillow I ZZZZZzzzzzzz,,,....
Ok, I don't go to bed so early so I am still posting comments here.
These are the BIG MARGIN OF SAFETY
1) At 41.5 Cts. BPuri is selling with Huge 55% Discount to NTA - Got Margin of Safety.
2) At 41 cts I am buying far below INSIDERS ESOS AT 50 CTS
3) Also Far below Private Placement of 50 cts.
4) BPURI Already Secured Jobs with Progress payment. So I expect many good quarters ahead
5) Management is positive that Co will secure many infrar works ahead
6) Price is still low so it meets Calvin's 3rd Rule
HE THAT IS LOW NEEDS FEAR NO FALL
7) So With All Angles Well Protected I think downside is limited.
THEREFORE I LOOK FOR AN UPSIDE.
Going holland? This applies to comcorp, tekseng, airasia, triplc, gadang or other hot air balloon stocks maybe.
And BPuri is not one of them.
2016-10-05 18:11
Posted by calvintaneng > Oct 7, 2016 01:58 PM | Report Abuse X
Ok guys,
I have updated the Rm1.35 Billions Pan Borneo Award of which BPuri stated its total then was Rm480.66 Millions.
Will keep all updated as and when Company Announce More New Project awards.
Btw,
I spoke to one Johor Buddy today. He mentioned that he missed buying GKent because it was thought that GKent is only a mediocre company dealing with water meters. Never expected GKent to win MRT project awards.
He mentioned that it was a political link that got GKent such projects. And GKent price shot past Rm2.00
And this same thing is now being done for BPuri. After all BPuri is also politically linked and with General Election expected latest by year 2018 BPuri should be doing well.
That's all for the time being.
See you all.
Please buy or sell according to your own discretion
Final decision is yours
2016-10-07 14:04
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
VenFx
How, Bpuri can survive from Increasingly cost of steel bar with such high receiveable and extremely low margin. Calvin pls spare the newbies here lar ...
2016-10-03 10:15