Dear Friends of i3 Investors' Forum,
After the discovery of Pm Corp I think this BPuri Stock excites me the most.
Why?
Answer:
Because I SEE in the absence of good news INSIDERS are Buying and Buying Up BPuri shares like no tomorrow.
Refer again to Latest Annual Report. Scroll down to 30 Largest Substantial Holders
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 |
Name | MR MATTHEW TEE KAI WOON |
Descriptions(Class & nominal value) | Ordinary shares of RM0.50 each |
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 |
Name | DR TAN CHENG KIAT |
Descriptions(Class & nominal value) | Ordinary shares of RM0.50 each |
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%!!
Dr Tan Cheng Kiat has increased his shares by 2.168%
So the Sum Total of Directors/Insiders purchase are 2.45% + 8.44% + 2.168% = 13.058
Now add this extra 13.058 with Year 2015 Total of 58.22 = 71.278%
So we can now SEE that 71.278% of BPuri paid up Shares are in the hands of Top 30 Share Holders.
And BPuri placed another 10% shares for private purchasers (name not mentioned) making it a Total of 81.278% in the Hands of Substantial Share Holders of BPuri.
That Means that 100% - 81.278% = a mere 18.722% Free Float Shares now still trading in the Market.
And Who knows? Maybe Insiders are using proxy names to buy up the remaining 18% shares in the open market quietly.
NOW WHAT IS THE REASON FOR INSIDERS TO BUY UP BPURI SHARES IN THE ABSENCE OF GOOD NEWS?
ONLY BAD NEWS FOR MANY QUARTERS WITH HIGH DEBT AND ANEMIC GROWTH.
WHAT'S WRONG WITH THESE INSIDERS? BUYING SUCH UNDER PERFORMING SHARES?
OR CAN WE THINK OUT OF THE BOX?
DID THEY ALL SEE SOMETHING YET FUTURE THAT WE DON'T AND SCOOPING UP CHEAP BPURI SHARES WHILE THE INVESTING CROWD IS TOTALLY OBLIVIOUS?
According to My Johor Sifu. There is a paradoxical secret of Accumulation & Distribution.
Accumulation is Done during down times with bad news after bad news. Bad news created on purpose?
And then Distribution!! Distribution in times of Very Bullish Good News. So For Now Insiders are Accumulating & Accumulating! Some Future Day The Market Will Change From Bad to Good. Good news created on purpose?
Then? Then They Will Distribute?
When?
Answer:
When The Maddening Crowd Are Buying And Buying Like No Tomorrow on Good News!
SEE This Very Wise Post Below: ALL ARTICLES SAY, "GOOD" & INSIDERS ARE SELLING!!
Chart | Stock Name | Last | Change | Volume |
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Created by calvintaneng | Aug 23, 2024
Created by calvintaneng | Aug 22, 2024
Created by calvintaneng | Aug 03, 2024
Posted by GoldenEggs > Oct 5, 2016 12:38 PM | Report Abuse
So scary man. Didn't even look at balance sheet then recommend buy~ You sure you will have good life by doing this?
What did you see?
GO LOOK CAREFULLY AT THE HIDDEN WEALTH IN ALL THE ASSETS OF BPURI
Rm205 Millions in Shopping Complex (USJ)
Many Valuable Real Estates & Businesses
Power Plant
Toll Road
Hospitality Business
Row of SHOPS FOR RENTAL
Many High End Condos & Villas
Quarry plant & Cement Mixer
So many you didn't see
Remember
The EAGLE SEES FIRST
Then followed by other flying birds
The chicken on the ground see nothing
2016-10-05 12:43
That's my point. Other companies including GKENT and GADANG grow. But Bina Puri is still stuck there.
2016-10-05 12:46
Posted by hpcp > Oct 5, 2016 12:46 PM | Report Abuse
That's my point. Other companies including GKENT and GADANG grow. But Bina Puri is still stuck there.
PRECISELY MY POINT HERE
BECAUSE GKENT & GADANG RUN AHEAD IT IS NOW TIME FOR LAGGARD BPURI TO RUN!!
Don't you SEE what I SEE!!!
2016-10-05 12:48
Laugh die me. Please do homework. Have you compared their margins? Bina Puri should have won the award of best consistency in margin. Persistently below 1% most of the time.
2016-10-05 12:56
Posted by hpcp > Oct 5, 2016 12:56 PM | Report Abuse
Laugh die me. Please do homework. Have you compared their margins? Bina Puri should have won the award of best consistency in margin. Persistently below 1% most of the time.
Answer:
I think it will be hard for you to understand what I SEE
Nothing is visible yet. Of course you are looking at historic records.
I SEE things coming ahead which others cannot see now.
I SEE:
1) A CHANGE IN EARNINGS GROWTH GOING INTO END 2016 & 2017 & BEYOND
2) I SEE Some Corp exercise - either BPuri being taken private, give bonus issues with Free warrants or suddenly declare huge gain with surprising dividend
3) I SEE Bpuri will be given the Lion Shares of Job Awards like GKent & Gadang
4) I SEE it Shooting up in price like Jaks to cross over Rm1.00
5) I AM SO HAPPY NOW THAT I CAN STILL BUY MORE BPURI ON THE CHEAP WHILE SO MANY OTHERS STILL CANNOT SEE.
Going for a nice lunch now
See all later!
2016-10-05 13:04
If Bina Puri is good, why it had to go through par value reduction about 2 to 3 years ago, even though there was no crisis that time. How to explain that?
2016-10-05 13:38
even thought sometime we have disagree with bro calvintaneng , but he is very hardworking & intelligent person. (^-^)
I have learn some info from his article. thanks bro.
2016-10-05 13:52
Uncle from Investlah?
Still holding your kpscb?
BPuri hasn't run yet. Better get some and wait for job awards!
2016-10-05 15:14
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 ?
2016-10-05 15:58
Calvin, waiting for you answer on this. If Bina Puri is good, why it had to go through par value reduction about 2 to 3 years ago, even though there was no crisis that time. How to explain that?
2016-10-05 16:45
hpcp Calvin, waiting for you answer on this. If Bina Puri is good, why it had to go through par value reduction about 2 to 3 years ago, even though there was no crisis that time. How to explain that?
05/10/2016 16:45
herb Can director refuse ESOS share and receive cash instead?
05/10/2016 16:49
hpcp,
Par value reduction was to facilitate Private placement of BPuri shares at 50 cts to 51.5 cts. Par value was reduced from Rm1.00 to 50 cts. All the 30 over million shares were placed out between 50 to 51.5 cts then.
ESOS is the offer to buy Company shares. Usually at 10% below 5 days of average trading price. So if the share traded in the market is 50 cts after being averaged out after 5 days. After discount the Staff or Emplyees get to buy ESOS shares at only 45 Cts (10% less than market).
However, since ESOS cannot fall below par value of 50 cts Insiders were offered 3.2 million BPuri shares at 50 to 54 cts.
So all the privately placed out and internally offered ESOS shares were all taken up at 50 cts.
I AM SO HAPPY TO BUY BPURI BETWEEN 41.5 to 42.5 cts AGAIN TODAY!
I have sold down other shares to buy more BPuri shares today in a time of weakness
I will continue to liquidate others & pile more into this potential Gold Mine of BPURI.
Give me a "FIVE". Haha!
2016-10-05 17:08
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
2016-10-05 17:15
.
Calvin, it is normal when substantial shareholders sold their shares with profit taking. But, if not one but two very substantial shareholders has sold theirs at a loss mean they see something we don't see.
.
2016-10-05 17:37
Calvin, par value previously was RM1. Which mean IPO time it was at least RM1 or higher. Why the share price performed so badly that it had to do capital reduction? Didn't you ever give a thought to it? Gamuda, IJM do not have this problem. By right, after 40 years, it should have enough reserve to do bonus issue instead of capital reduction. No bonus issue according to Bursa website back to 1999. Do you know that it actually raised RM40mn from right issues in 2003. Where has all the money gone?
2016-10-05 20:09
Binapuri has high borrowings of RM581 mil while net assets is only RM230 mil.
If not careful, will become the next Perisai. Calvin bought Perisai at 46 sen, today it is 8.5 sen.
Perisai has RM900 mil borrowings
Can't you see the similarity ?
2016-10-05 20:18
Gen2 .
Calvin, it is normal when substantial shareholders sold their shares with profit taking. But, if not one but two very substantial shareholders has sold theirs at a loss mean they see something we don't see.
.
05/10/2016 17:37
Gen2,
Last time when I bought Pm Corp from 15 cts down to 9 cts I saw PNB throwing Pm Corp shares like no tomorrow.
So? Does it mean that Pm Corp is bad?
Price & Shareholders buying or selling do not determine value.
What actually determine price is the INTRINSIC VALUE.
So we must find the INTRINSIC VALUE AND BUY BELOW IT.
I bought Pm Corp as low as 7.5 cts and it later shot up to 36 cts.
So BPuri to me is a great buy at 41.5 cts with NTA of 93 cts.
2016-10-05 20:22
Hippo Buy Signal Is it still good buy that the INSIDERS were not buying as much as what was published in this article?
Any clarification that the below statements are wrong?
Datuk Tee Hock Seng has increased his shares by 2.45%
Matthew Tee has increased his share holding by 8.44%.
Dr Tan Cheng Kiat has increased his shares by 2.168%
Matthew Tee Kai Woon is the son of Tan Sri Datuk Tee Hock Seng, JP
Last year May 2015 he already have so much
Direct (units) 3,380,925
Direct (%) 1.570
Indirect/deemed interest (units) 17,199,778
Indirect/deemed interest (%) 7.970
Date of notice 21/05/2015
05/10/2016 18:54
I think there may be less ownership of shares as some are cross holdings.
I need to check up on this.
2016-10-05 20:24
hpcp Calvin, par value previously was RM1. Which mean IPO time it was at least RM1 or higher. Why the share price performed so badly that it had to do capital reduction? Didn't you ever give a thought to it? Gamuda, IJM do not have this problem. By right, after 40 years, it should have enough reserve to do bonus issue instead of capital reduction. No bonus issue according to Bursa website back to 1999. Do you know that it actually raised RM40mn from right issues in 2003. Where has all the money gone?
05/10/2016 20:09
It's ok. Par value reduction was done in Pm Corp to write off debt & give Cash payout.
The single most important factor is
Am I buying a share below ITS INTRINSIC VALUE?
2016-10-05 20:28
From track record, instead of maximising shareholders' value, it has been minimising shareholders' value. And you are still the state of denial...
2016-10-05 20:53
last time mui group only devastated the value of pm corp by diluting it with mui iculs a, b and c.
So?
So there is a value. And price fell below intrinsic value so I loaded up.
All the negative news about bpuri is already factored into its price.
If not how could bpuri be only 41.5 cts when gadang and gkent above rm2.50?
2016-10-05 21:12
If not how could bpuri be only 41.5 cts when gadang and gkent above rm2.50?
-------------------------------------
It means the company are in shit.
but hope you buy more
2016-10-05 21:17
You don't have the courage to defend your arguments right at the beginning when facts were presented - 'Bursa Stock Talk' 'Is Bina Puri cheap'. Remarks like" Eagle see from high" and "made 6 figures sum from PM Corp" won't help your arguments. On the other hand, comments from fellow investors in I3 are sharp and relevant. You have certainly lost your case. as this is now reflected in the share price and trading volume today.
2016-10-05 21:51
Wing50,
I still in Booming Iskandar now.
Will give a full answer this weekend when I am back in Spore.
2016-10-05 21:58
Traderman,
Yes, I bought more today between 41.5 cts to 42.5 cts.
Will add more if price should weaken further.
I firmly believe at this price I am getting good value. After all I am happy to buy at 42 cts when Insiders are paying much higher at 50 cts both by Private placement and ESOS.
2016-10-05 22:02
Brother of Charlie, Why not promote MULPHA now? It is 21 sen.
You DID promote MULPHA so so hardly @ 41.5 to 42.5 cts
(MULPHA 41.5-42.5, year 2014, where this Charlie's brother promote so hard hard de)
2016-10-06 05:13
Since 2003, bina Puri has raised RM100m from rights issue and private placement. Was this additional money raised put to good use? Market cap now only RM100m. The shareholders must be crying. Not enriching minority shareholders. If you have bought Gamuda and Ijm instead, you are much richer. Bina Puri management ok ah?
2016-10-06 05:54
Eternal,
Good question,
Why Insiders buy through ESOS and private placement at 50 cts when they can get it cheaper from open market at 20% less?
Answer:
Because they can get 3.2 million shares through Esos and 21 million shares through private placement. Far more that they can get through the open market which very little is sold on certain days.
See Matthew Tee only managed to get 10,000 shares a day.
2016-10-06 07:10
Promote,
Why not promote Mulpha instead of BPuri,
Answer:
There is a season for everything and a time to every purpose under the sun.
Mulpha's time will come when HSR station is ready. Just like durian season is just over.
So BPuri's time has come.
2016-10-06 07:13
hpcp,
Last time there was value destruction. Now is the time for value creation.
The left hand of losses is now compensated by the right hand of gain.
If you understand what I mean
2016-10-06 07:15
The same managament, the same major shareholders. What have changed to make it a value creation company from a value destructive one
2016-10-06 07:36
I think Asia Media has done rights issue 2 times. Major shareholder put in money but the company didn't turn out to be better. He lost money as well.
2016-10-06 07:37
Go to Pm Corp forum. Scroll back to My first post on Sept 20 2013.
How Pm Corp turned from value destruction to value creation. Same for bpuri now. I don't know about Asia Media. No comment
2016-10-06 07:46
Why is Calvin so excited about bpuri. Do you wonder why
Answer:
I am like a child having found a jar of candy. So I want to share my joy.
I am like a fisherman having found the best fishing spot. So I am telling friends of a nice discovery.
So I am here to spread happiness
..
2016-10-06 07:55
bpuri could end up like asia media. beware of those insider accumulation story.
2016-10-06 08:15
It is very obvious now that this is "salesman patter" attempting to promote a share!
2016-10-06 16:50
YOU HAVEN'T ANSWER: MULPHA NOW 20 SEN? STAGE 1 AGAIN? OR YOU HAVE TO ADMIT YOUR THEORIES:
STAGE 1 THEORY: ACCUMULATION OF MULPHA = 42 SEN MPER MULPHA?
STAGE 2 BLABLALBA..
is WRONG.
2016-10-06 21:05
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
Calvin, Matthew Tee indirect shareholding is via the father stake. So he does not increase his stake as much as you mentioned, have to deduct 7.8% stake out. Wonder why their profit margin so thin?
2016-10-11 21:16
VitaminM
I think you are correct. Matthew's major stake is through his father's.
However, it doesn't matter now.
Focus on these 2 things:
1) Next few coming quarters should report better results.
2) More project awards for Bpuri just like they gave Gadang & GKent.
What a happy day today.
I am so happy for all and also tired
Good night
ZZZZzzzzzz,,,,.......
2016-10-11 22:10
Posted by shafie > Oct 11, 2016 10:14 PM | Report Abuse
calvintaneng you are full time trader ,everyday post at blog
About to turn off my computer now
Calvin answers:
A Big No!
No trading or gambling for me. I only invested less than 3% of my capital in the share market.
I am here to
1) Share my joy.
2) To learn from every one
3) To warn newbies & innocent lambs from getting slaughtered by conman or sharks or syndicates (Oh they really hate me by posting with fake id!)
4) To show safe stocks for long term investments
5) To offer help to guide the way
That's all
Good night now
ZZZZZZZzzzzzz,,,,.....
2016-10-11 22:19
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥
BINA PURI
15.9.2016 29 SEN
7.3.2024 7 SEN
2024-03-07 15:23
bkt2008
what happen if BN lost the next election?
2016-10-05 12:42