Your understanding of unbilled sales makes me laugh

agree

Isn't this head and shoulder?

Calvin so clever. Matthew even bought above RM1 earlier. That did not guaranteed share price won't go below 50sen. Those who followed him buying above RM1 crying

Calvin,

"Don't be stupid!

Company selling 790,000 Bpuri shares at 49 cts is a trick. Trick you guys to let go your precious Bpuri shares on the cheap. "

You invest in a company that cheats people????

The cost of the sharebuyback for 790,000 shares was RM403,700. The company sold it at RM387,100. If Bina Puri is so undervalued like what you claim, why the shares were sold at a loss?

Do good company like PBBANK, TOPGLOV, QL trick its shareholders? BPURI will not go far

And Calvin is so proud to shout the company was trying to trick shareholders

And Calvin is so proud to shout the company was trying to trick shareholders

Do good company like PBBANK, TOPGLOV, QL trick its shareholders? BPURI will not go far

The cost of the sharebuyback for 790,000 shares was RM403,700. The company sold it at RM387,100. If Bina Puri is so undervalued like what you claim, why the shares were sold at a loss?

Calvin,

"Don't be stupid!

Company selling 790,000 Bpuri shares at 49 cts is a trick. Trick you guys to let go your precious Bpuri shares on the cheap. "

You invest in a company that cheats people????

head and shoulder

Bina Puri secured the land few years back. Why hold on to now. Missed the property boom cycle. Unable to execute it alone. Have to rope in Titijaya.

Calvin, is that how you arrived the valuation of highway? Simply apply 50% premium? Analysts have to work out the DCF valuation using toll rate, traffic forecasts, repayments of borrowings, etc. You can do it in one step! All the analysts are rubbish! You are so sophisticated and analytical. You are the best analyst in the universe. Wow

Oh, so Bina Puri only has 12% effective stake in the RM15b Kuantan development project. When Bina Puri has property development business and the major shareholder has similar business on his private side (Bina Puri has just 12% small stake in Ideal Heights), there will be conflict of interest. Why it was not Bina Puri who directly secured the Kuantan project. After Ideal Heights getting the job then do share swap with Bina Puri, do you think the valuation of Ideal Heights will be cheap? Minorities oh minorities

shoudl cut loss on ewein?

Calvin, given the same location, you prefer properties built by Bina Puri or IJM?

IJM has good track record and presence in Kuantan. Why not IJM but Bina Puri?

RM15b GDV for 500 acres of land in Kuantan

Is it near Lynas?

Calvin, if you want to dream, go to sleep first la

Their RM1.5b development at Brickfield has yet to start even though they were awarded the development several years back. Execution really a question mark

Main Place is owned by a subsidiary of Bina Puri's subsidiary. You please go and check with people familiar with this matter. Insisting RM205m belongs entirely to Bina Puri reveal your stubbornness and stupidity

Rimbayu by IJM is about 1800 acres. GDV about RM11b. This is in Kuantan. 500 acres. GDV RM15b?

If you mean the 33% stake held by Bina Puri is worth RM205m, are you trying to say Main Place shopping mall is worth RM615m? You laugh die me. Thought you are an expert in property

Hallo Calvin, you really think the RM205mn Main Place all belongs to Bina Puri? It has 33% of about RM68m only la

Hello, the company existed 40 years already. Market cap still RM100m. Gamuda, IJM which were founded about the same time see their market cap exceeding RM10b. Gadang came in in 90s. market cap is already more than RM700m. You think the company under the same management will go far. When you said the private placement was done at 50sen, do you know to whom it was placed out? Do your homework first la

vacumming minorities wealth

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.

The same managament, the same major shareholders. What have changed to make it a value creation company from a value destructive one

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?

From track record, instead of maximising shareholders' value, it has been minimising shareholders' value. And you are still the state of denial...

Just received love letter from LHDN

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?

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?

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?

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.

That's my point. Other companies including GKENT and GADANG grow. But Bina Puri is still stuck there.

People said politics and construction industry are dirty. Bina Puri is in both of these two...

Someone pointed out Bina Puri has existed for 40 years. Why market cap is still RM100m if the management is strong. What has changed?

KYY didn't do slightest homework. http://klse.i3investor.com/blogs/koonyewyinblog/105055.jsp.

Gadang has secured only a 24acre parcel of land and not the entire Kwasa Land development.

"Gadang does not need to borrow Rm 2.8 billion to buy the land. The joint venture is like Gadang is using a silk string to tie up a fat cow which will produce milk continuously over the next 20 years. If there is no market for houses and condominiums, Gadang will not build while the land continues to appreciate in value."

How Gadang going to milk the development continuously over the next 20 years?

Hi Izz88, where you get this information "Building 780 residential units over 24.08 acres land that near two MRT stations (within 500m from Kwasa Damansara station and approximately 750m from Kwasa Sentral station)
"?

Can teacher guide on the share price movement tomorrow?

superb results!

Once a goreng stock, forever a goreng stock

Nasdaq and S&P closed at ALL TIME HIGH. More appropriate to call him Tan Teng Bear

Copied from Focus Malaysia?

What about inflation?

Warrants limit up!

Let's celebrate at Sugarbun

Icon, please share why you bought Bornoil. Thanks

Same date