I feel that BPuri has a high risk to do consolidation in a near future. Also has a very high probabilty to succumb into PN17 listed issuer.

The reasons:

1. NTA 2.7 sen
2. NOSH 3.370 billion
3. Share capital RM299,458,000
Reserves (RM210,053,000)
Equity attributable to owners of the parent RM89,405,000
Non-controlling interests RM105,743,000
Total equity RM195,148,000

BEWARE...
Technical indicators can be influenced by market players (insiders or sharks). It can be reversed anytime...
Its what happened @ Kanger few weeks ago. Its also can be happened @ Bpuri. Yeah..
It's really scarry.. BOOOOM, we bilis will KEOK. He He He

Anyways, I tried to be fair and true in my comments...
Please give your own arguments on what I said in my comment.
Is it any false ideas or facts?

Any misleading information given by me can be discussed... In manly manner...

I'm sorry dear friend.... It's a fundamentalist versus a technical analyst WAR. Also a Tit for Tat KARMA..

What kind of positive technical indicators if the company looks like a dying company fundamentally.... For me it's probably a fake technical indicators...... can be created by the forces from insiders or sharks for their own objectives.

BEWARE

Please monitor carefully. There is a probabilty of technical indicators to be reversed.... As I said, technical indicators can be influenced by market players (insiders or sharks). It can be reversed anytime... BEWARE

Tengok track records. Sudah berapa tahun bpuri rugi Nta tinggal 2 sen lebih. Apa nak diharap. Sekali lagi rugi besar boleh masuk PN17.

That's my fate and my decision. Have to be like this ? No.
But I keeping monitoring Kanger fundamentally.. I still keep it because there is a bit better.
Fortunately I did some averaging the price. Sell half few weeks ago. My paper loss has been reduced much....

Yeah... Please monitor carefully. There is a probabilty of technical indicators to be reversed.... As I said, technical indicators can be influenced by market players (insiders or sharks). It can be reversed anytime... BEWARE

Yeah.. I waited in paper loss for almost 3 years. Will still hold it until I think there is no more hope @ Kanger.

Yeah... But be BEWARE...
Technical indicators can be influenced by market players (insiders or sharks). It can be reversed anytime...
Its what happened @ Kanger few weeks ago. Its also can be happened @ Bpuri. Yeah.. It's scarry..

Technical indicators is not for long run investors. Fundamentallly Bpuri is negative. PN17 and consolidation is the big risks

Technical indicators can be influenced by market players (insiders or sharks). It can be reversed anytime...
Its what happened @ Kanger few weeks ago. Its also can be happened @ Bpuri. Yeah.. It's scarry..

The real long run factors should be the fundamental of a company. TAYOR

I'm waiting to see if there will be any substantial shareholder emerged.

It's true. How come a ship can sail successfully without a captain?

Technical indicators can be influenced by market players (insiders or sharks). It can be reversed anytime...
Its what happened @ Kanger few weeks ago.

The real long run factors should be the fundamental of a company. TAYOR

Technicsl indicators is not for long run investors. I was @ Kanger for almost 3 years.

Tengok track records. Sudah berapa tahun bpuri rugi Nta tinggal 2 sen lebih. Aoa nak diharap. Sekali lagi rugi besar boleh masuk PN17.

The most important comparison:

I don't agree on the idea Kanger will be consolidate again in short term...

The reasons:
1. NTA 44.4 sen.
2. NOSH 649.87m
3. Share capital RM427,561,000
Reserves (RM138,697,000)
SHAREHOLDERS’ EQUITY RM288,864,000
Non-controlling interests RM5,288,000
TOTAL EQUITY RM294,152,000

But, I agree that BPuri is more riskier to do consolidation in a near future:

The reasons:

1. NTA 2.7 sen
2. NOSH 3.370 billion
3. Share capital RM299,458,000
Reserves (RM210,053,000)
Equity attributable to owners of the parent RM89,405,000
Non-controlling interests RM105,743,000
Total equity RM195,148,000

Sekali lagi report rugi besar, boleh masuk pn17. ADA BERANI?

For me Bpuri is a dying company.

Why shouldn't Kanger be Rest In Peace?... Kanger is in better condition and sound now...

1. Kanger has done a lot of restructuring including selling companies in the People's Republic of China which involved in bamboo manufacturing and trading.
Several quarters the company recorded a lot of losses . Its should be among the factors that caused the share price to be in a downtrend until it fell to the floor level of 3-4 sen .
The subsidiary disposal process in China has been completed , and I expect that in the next quarter there will be no more loss pressure from subsidiary disposal losses and impairment costs incurred as before .

2. The consolidation made by the company gave strength to the company's account / financial position . Especially to overcome the problem of losses during the structuring / disposal of subsidiaries. Even now , after restructuring , NTA can still be at a level of 44 sen plus.

It can be a buffer even if the company has to suffer operating losses in the next few quarters .

3. Prospects from the purchase of Antara @ Genting condo assets that may generate profits in the future.

4. The profit prospects from trading construction material through Sung Master's, the company subsidiary.

Based on latest QR: "The Group recorded slightly increase in revenue as compare to last quarter ended 30 June 2023. The increase in profit was mainly due to increase in sales generated from trading of construction materials
Overall, the Group recorded profit before taxation of RM2.4 million in Q6 2023 as compare to loss before taxation of RM1.5 million in Q5 2023 was mainly due to recoverable of impairment loss on debtors."

Sung Master proven contributed to the P&L of Kanger...
Construction - Nil contribution to the revenue....

5. I don't agree on the idea it will be consolidate again in short term...

The reasons:
1. NTA 44.4 sen.
2. NOSH 649.87m
3. Share capital RM427,561,000
Reserves (RM138,697,000)
SHAREHOLDERS’ EQUITY RM288,864,000
Non-controlling interests RM5,288,000
TOTAL EQUITY RM294,152,000

The most important comparison:

I don't agree on the idea Kanger will be consolidate again in short term...

The reasons:
1. NTA 44.4 sen.
2. NOSH 649.87m
3. Share capital RM427,561,000
Reserves (RM138,697,000)
SHAREHOLDERS’ EQUITY RM288,864,000
Non-controlling interests RM5,288,000
TOTAL EQUITY RM294,152,000

But, I agree that BPuri is more riskier to do consolidation in a near future:

The reasons:

1. NTA 2.7 sen
2. NOSH 3.370 billion
3. Share capital RM299,458,000
Reserves (RM210,053,000)
Equity attributable to owners of the parent RM89,405,000
Non-controlling interests RM105,743,000
Total equity RM195,148,000

Valuation
Is BPURI undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score 0/6

Below Fair Value

Significantly Below Fair Value

Price-To-Sales vs Peers

Price-To-Sales vs Industry

Price-To-Sales vs Fair Ratio

Analyst Forecast

Future criteria checks 0/6

We currently don't have sufficient analyst coverage to forecast growth and revenue for Bina Puri Holdings Bhd.

Key information
n/a

Earnings growth rate

n/a

EPS growth rate

Construction earnings growth 20.6%
Revenue growth rate n/a
Future return on equity n/a
Analyst coverage
None

Last updated n/a
Recent future growth updates
No updates

Past criteria checks 0/6

Bina Puri Holdings Bhd's earnings have been declining at an average annual rate of -34.5%, while the Construction industry saw earnings growing at 2.5% annually. Revenues have been declining at an average rate of 39.5% per year.

Key information
-34.5%

Earnings growth rate

-14.9%

EPS growth rate

Construction industry growth 2.5%
Revenue growth rate -39.5%
Return on equity -62.9%
Net margin -117.1%
Last Earnings Update 30 Sep 2023
Recent past performance updates

First quarter 2024 earnings released: RM0.004 loss per share (vs RM0.011 loss in 1Q 2023)
Dec 01

Full year 2023 earnings released: RM0.058 loss per share (vs RM0.048 loss in FY 2022)
Sep 01

Third quarter 2023 earnings released: RM0.01 loss per share (vs RM0.011 loss in 3Q 2022)
Jun 02

Second quarter 2023 earnings released: RM0.013 loss per share (vs RM0.009 loss in 2Q 2022)
Mar 01

First quarter 2023 earnings released: RM0.011 loss per share (vs RM0.006 loss in 1Q 2022)
Dec 03

Full year 2022 earnings released: RM0.062 loss per share (vs RM0.068 loss in FY 2021)
Aug 31

To tklim..

Past criteria checks 0/6

Bina Puri Holdings Bhd's earnings have been declining at an average annual rate of -34.5%, while the Construction industry saw earnings growing at 2.5% annually. Revenues have been declining at an average rate of 39.5% per year.

Key information
-34.5%

Earnings growth rate

-14.9%

EPS growth rate

Construction industry growth 2.5%
Revenue growth rate -39.5%
Return on equity -62.9%
Net margin -117.1%
Last Earnings Update 30 Sep 2023
Recent past performance updates

First quarter 2024 earnings released: RM0.004 loss per share (vs RM0.011 loss in 1Q 2023)
Dec 01

Full year 2023 earnings released: RM0.058 loss per share (vs RM0.048 loss in FY 2022)
Sep 01

Third quarter 2023 earnings released: RM0.01 loss per share (vs RM0.011 loss in 3Q 2022)
Jun 02

Second quarter 2023 earnings released: RM0.013 loss per share (vs RM0.009 loss in 2Q 2022)
Mar 01

First quarter 2023 earnings released: RM0.011 loss per share (vs RM0.006 loss in 1Q 2022)
Dec 03

Full year 2022 earnings released: RM0.062 loss per share (vs RM0.068 loss in FY 2021)
Aug 31

Valuation
Is BPURI undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score 0/6

Below Fair Value

Significantly Below Fair Value

Price-To-Sales vs Peers

Price-To-Sales vs Industry

Price-To-Sales vs Fair Ratio

Analyst Forecast

Future criteria checks 0/6

We currently don't have sufficient analyst coverage to forecast growth and revenue for Bina Puri Holdings Bhd.

Key information
n/a

Earnings growth rate

n/a

EPS growth rate

Construction earnings growth 20.6%
Revenue growth rate n/a
Future return on equity n/a
Analyst coverage
None

Last updated n/a
Recent future growth updates
No updates

Past criteria checks 0/6

Bina Puri Holdings Bhd's earnings have been declining at an average annual rate of -34.5%, while the Construction industry saw earnings growing at 2.5% annually. Revenues have been declining at an average rate of 39.5% per year.

Key information
-34.5%

Earnings growth rate

-14.9%

EPS growth rate

Construction industry growth 2.5%
Revenue growth rate -39.5%
Return on equity -62.9%
Net margin -117.1%
Last Earnings Update 30 Sep 2023
Recent past performance updates

First quarter 2024 earnings released: RM0.004 loss per share (vs RM0.011 loss in 1Q 2023)
Dec 01

Full year 2023 earnings released: RM0.058 loss per share (vs RM0.048 loss in FY 2022)
Sep 01

Third quarter 2023 earnings released: RM0.01 loss per share (vs RM0.011 loss in 3Q 2022)
Jun 02

Second quarter 2023 earnings released: RM0.013 loss per share (vs RM0.009 loss in 2Q 2022)
Mar 01

First quarter 2023 earnings released: RM0.011 loss per share (vs RM0.006 loss in 1Q 2022)
Dec 03

Full year 2022 earnings released: RM0.062 loss per share (vs RM0.068 loss in FY 2021)
Aug 31

To tklim..

Past criteria checks 0/6

Bina Puri Holdings Bhd's earnings have been declining at an average annual rate of -34.5%, while the Construction industry saw earnings growing at 2.5% annually. Revenues have been declining at an average rate of 39.5% per year.

Key information
-34.5%

Earnings growth rate

-14.9%

EPS growth rate

Construction industry growth 2.5%
Revenue growth rate -39.5%
Return on equity -62.9%
Net margin -117.1%
Last Earnings Update 30 Sep 2023
Recent past performance updates

First quarter 2024 earnings released: RM0.004 loss per share (vs RM0.011 loss in 1Q 2023)
Dec 01

Full year 2023 earnings released: RM0.058 loss per share (vs RM0.048 loss in FY 2022)
Sep 01

Third quarter 2023 earnings released: RM0.01 loss per share (vs RM0.011 loss in 3Q 2022)
Jun 02

Second quarter 2023 earnings released: RM0.013 loss per share (vs RM0.009 loss in 2Q 2022)
Mar 01

First quarter 2023 earnings released: RM0.011 loss per share (vs RM0.006 loss in 1Q 2022)
Dec 03

Full year 2022 earnings released: RM0.062 loss per share (vs RM0.068 loss in FY 2021)
Aug 31

If we just want to follow OKU_2020 advices.....
Kanger should already in GN3 or been delisted now..
He continously goncang pokok Kanger like a monkey started three years ago.....
---------
This is not a joke... A fact in reality... He He He

Back to square one... Means that OKU_2020 will be continuously goncang pokok without considering any positive or negative aspects of certain counter....

Keep it up... Still waiting some @5 sen. He He He

Waiting if there is any new substantial shareholder....

waiting some @ 5 sen. He He He

@Konnichiwa.
f registered under his name, its possible because he never buy @ lower price (based on filing). But he can has a proxy to buy the shares under proxy account @ low price. (Without needs for him to file announcement @ Bursa)

@MarioBros... After all, make your own decision...

I'm not a qualified person to give advice for someone to buy or to sell any quoted shares. I think OKU_2020 and Be Greedy also not a qualified persons to do this job... TAYOR

Good luck...

@MarioBros. To rephrase: Substantial shareholder (Kuah Choon Chin as I said the true investor in Kanger before this) dump shares and ceasing to be substantial shareholder on 30 Nov 2023 --- Not today.

That is also a bad news for me...... I don't expect he will do it for some reasons...
Hope not shark who bought his shares in the market...
Hope for new substantial shareholder will be emerged...

On OKU_2020,,, I don't agree with your logic.... I know OKU_2020 few years back.... You better recheck who he is and how he likes to bomb many counters..... I think he is more speculative rather than to be sincere with newbies in certain counters... Anyways TAYOR

Dan sejak 2021 lagi OKU_2020, the monkey hari-hari goncang pokok Kanger...... Dulu harga 3 sen... Sekarang dah OK sikit. He He He. Berapa banyak monyet sudah dapat untung manipulate harga dengan goncang-goncang ni...

Monyet tetap monyet... Memang gene monyet tak akan berubah jadi gene manusia... FIKIR FIKIRKAN LAH.

I hold some bilis stake in Kanger.. started from 2021 untill now, continously hold some. I have to fight for it... I have no idea about the intention and objective of the monkey which repeatedly and continously badmouth it.... in response to any good news or bad news...

@Konnichiwa... It's my long stories if it involving OKU_2020.. Worst naysayers than wistlebower99.... wistlebower sometimes is more ethical... Sorry for interupting others because of my personal fight with the real monkey.....

Just based on my observation:

1. Kanger has done a lot of restructuring including selling companies in the People's Republic of China which involved in bamboo manufacturing and trading.
Several quarters the company recorded a lot of losses . Its should be among the factors that caused the share price to be in a downtrend until it fell to the floor level of 3-4 sen .
The subsidiary disposal process in China has been completed , and I expect that in the next quarter there will be no more loss pressure from subsidiary disposal losses and impairment costs incurred as before .

2. The consolidation made by the company gave strength to the company's account / financial position . Especially to overcome the problem of losses during the structuring / disposal of subsidiaries. Even now , after restructuring , NTA can still be at a level of 44 sen plus.

It can be a buffer even if the company has to suffer operating losses in the next few quarters .

3. Prospects from the purchase of Antara @ Genting condo assets that may generate profits in the future.

4. The profit prospects from trading construction material through Sung Master's, the company subsidiary.

Based on latest QR: "The Group recorded slightly increase in revenue as compare to last quarter ended 30 June 2023. The increase in profit was mainly due to increase in sales generated from trading of construction materials
Overall, the Group recorded profit before taxation of RM2.4 million in Q6 2023 as compare to loss before taxation of RM1.5 million in Q5 2023 was mainly due to recoverable of impairment loss on debtors."

Sung Master proven contributed to the P&L of Kanger...
Construction - Nil contribution to the revenue....

5. The cost of holding Kanger's share by insiders is high , for example those who subcribed RI at a price of 6 sen actually bear the actual cost of 60 sen per share ( after consolidation ).

Be Careful... and Trade At Your Own Ris

We all can make our own decision... It's your money to invest in,,,,,,, No one is pointing the gun on your head... TAYOR

No clue from me... Better ask MR Chartist tklim... He He He

Nanti bila kaunter green, monyet sembunyi dalam hutan.. He He He

Goncang, jangan tak goncang.... Kerja monyet memang goncang pokok..
I'm going to top-up some at my desired price... He He He TAYOR

Just hold..... Let the monkey goncang pokok.....

Let the monkey happy.... Berguling2 sebab baru keluar dari hutan. He He He

Still evaluating for new entry... still keeping some my holding..

Agree..

Itu senang kira teori MONKEY yang suka goyang pokok... Lebih baik sembunyi dalam hutan saja, sebab banyak pokok ... He He He