Big buying vol today, looking good. JV this month and financial qtr result still havent adjusted yet for receivables and court case awards.

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

Buying vol up again today, seems something is coming soon.

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.

So hard to move even with good qtr finan result out..

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.

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.

Strong buying vol today,, moving back 0.15

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.

New year but share price still no moving.

Broker says,the big shareholders/syndicate short the price limit down.. keep selling to hit low and make profit.

Wa... plunge so much.. epf counter somemore..

US futures up 200+.. bintai closing also up.

Fin result out.
Thursday, 22 Nov 2018, 5:10PM
BINTAI 1H net profit 0.256 million
NAPS as end of qtr 0.25

Should be next week week if follow its previous year date. Price been stuck at low lvl so long, need move.

Seacera also can shoot up high after drop low, this bintai drop low but still not moving up yet.

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.

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.

Keep extending MOU till next yr April 2019

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=90263&name=EA_GA_ATTACHMENTS

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.

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.

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.

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.

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.

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.

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.

Albukhary: Need to invest at the right time to get profit. Bintai financial is getting better and more big contracts flowing in. Big development for Melaka and pending big receiveables.. all these will increase bintai company shares value higher.

Persie: Yes, bintai share price is way undervalue. Its current value about RM49million company based on current market share price 0.17. Net asset per share is RM 0.248.

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+

Last month July already won TNB RM50.48million contracts.
http://www.thesundaily.my/news/2018/07/13/bintai-kinden-secures-rm5048m-contract-tnb

This month, Aug won another TNB million ringgit contract but price still not shoot up yet.
Can see the big players already enter, take position at 0.18, supporting at that price level and going to push it up soon.

The big players that enter last week still inside.. 0.18 range, they have really push up yet..
Recent high 0.195 but back to support base 0.18, real price push up will comes soon with +ve news play and coming financial qtr result. Melaka land and property JV play also in Oct..
The big players should push up high fast, as Bintai price is way too undervalue after court awarded Bintai with big receiveables with interest more the RM40million.


http://www.thesundaily.my/news/2018/08/24/bintai-kinden-receives-rm163m-contract-tnb

Bintai Kinden receives RM1.63m contract from TNB
Posted on 24 August 2018 - 05:21pm
sunbiz@thesundaily.com

Print
PETALING JAYA: Bintai Kinden Corp Bhd has secured a RM1.63 million contract from Tenaga Nasional Bhd (TNB) to undertake the reconfiguration and retrofitting works for 132kV bulk supply to main intake substation (PMU) 132/33kV KLCC2, Kuala Lumpur.

The group told Bursa Malaysia that the contract is non-renewable and estimated to be completed within 214 days from the commencement date.

Bintai Kinden expects the contract to contribute positively to its revenue and earnings subject to the stages of progress to be recognised in the financial year ending March 31, 2019.

The stock was unchanged at 17 sen with 588,600 shares changing hands.

Past 3yrs share price big spiked

16/6/14 - 0.35 up till 0.475
25/5/15 - 0.22 up till 0.44,
20/7/15 - 0.33 up till 0.405

Last 2 yrs price rally

14/10/16 - 9/1/17 - price 0.17 - 0.265
2/10/17 - 30/10/17 - price 0.16 - 0.215

With recent won more new projects, good financial results, won big receivables from court and won 2 appeal case with financial results not adjusted in yet, Melaka big land and property developmenty JV MOU and coming financial QTR result, Bintai price start to rally up again as last week big vol transaction value close to RM1 million with avg 0.169, today transaction abt RM 0.555million avg 0.177.

How high will Bintai price go up this time?
Lets see how the big players push up soon.

Yes, big players stil buying today avg 0.177, momentum, rsi, macd and vol transacted all +ve bullish sign.
Broke 0.185 high this early morning and +ve indictors heading towards /retest 0.20+.
Once broke, next target will go towards 0.23-0.25 range lvl.

Invest if suit own risk and done research/analysis.
Dont invest if cant handle the risk, go play other counter.

Yes, indicators showing bullish positive signal.Trend momentum signal also very strong.
Yesterday is only the 1st day big players start buying in Big vol avg at 0.1699.
Theres more potential for Bintai to move up even higher.

Almost Rm1million transaction today avg price at 0.169 with buying 61%.
Price up 12.9%. Players are coming in back.

Current price is just back to pre election price as in early Feb 2018,
With current +ve sentiments, its should rebound higher.

Its either the big shareholders still blocking the share price to buying shares at low price or there are not many retailers/players interested to buy this Bintai shares eventho its way too undervalue.

So many big contracts won and coming JV vista spring for Melaka big land property development projects yet price still stuck at low lvl.

=================================================
https://www.bharian.com.my/bisnes/korporat/2018/08/459955/bintai-kinden-raih-subkontrak-rm133-juta

Bintai Kinden raih subkontrak RM13.3 juta
Share

KUALA LUMPUR: Bintai Kinden Corporation Bhd menerusi anak syarikatnya, Kejuruteraan Bintai Kindenko Sdn Bhd (KBK) memperoleh kerja bernilai RM13.3 juta daripada MRCB Builders Sdn Bhd, anak syarikat MRCB Group.

Dalam satu makluman kepada Bursa Malaysia, ia berkata subkontrak itu adalah untuk melaksana kerja pembekalan, penyerahan, pemasangan, pengujian dan pentauliahan kerja elektrik berkaitan dengan pembinaan dan penyiapan stesen bertingkat dan kerja berkaitan di Pusat Bandaraya Cyberjaya dan Putrajaya Sentral.

Projek itu dijangka siap pada November 2021 dan dijangka menyumbang secara positif kepada pendapatan, pendapatan sesaham, aset bersih sesaham dan penggearan kumpulan berkenaan untuk tahun kewangan berakhir pada 31 Mac 2019 serta pendapatan masa depan Kumpulan Bintai. -- BERNAMA

Transaction vol high today, buyers buying more bintai shares from retailers.

Its moving up today... slowly but theres some buying going on.

Only 290 million shares with current price market capitalization RM43million at 0.15 share price.
NAPS at 0.25

Won court case in recent 2 appeal + interest

RM28million + 5% interest for 9 yrs (interest rate of 5% per annum from 3 June 2008 up to 2018) total abt RM40.6million.++

Bintai share price should move up close/more than 2-3x current share price once the receiveable is added in their financial books.

Accumulation shares takes too long and theres no big buying pressures seen yet which is just not aggressive play by the big shareholders/players.. sleeping counter.

Almost 3.7billion shares....

Still weak retailers playing, Opcom won 11million contracts share price move up high.
Bintai won rm50.48mil, +financial qtrs result, won court case money with interest price still struggling to even move up to pre election low price.

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, 18 January 2018 and 18
April 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 the status of the MOU remain unchanged.

This announcement is dated 18 July 2018.

IWcity and Ekovest big price jump recently, its the big players pushing up price.
Bintai big players still not buying up price yet.

Won RM50.48mil Tenaga Nasional work contract, share price only up 0.01-0.02.
Really weak players. With current financial and share value price, Bintai is way too low price but still hardly to move up much.

Price slowly moving up hit 0.155 but still block by seller queue. Pre-election price was 0.18 and now after +ve finan qtr result out, won court case and won new govt contracts price still havent back to pre- election price or higher. The players in this counter play very slow and no aggressive unlike other penny counters.

Bintai NTA 0.25 excluding the pending receivables of court case money with interest translated to abt 0.17, Its revise NTA should be 0.42++ and with Melaka big development land property projects rm350millions, bintai share value should be around 0.50+.

Just dont know when the big players will realize the share fair value n push it up higher.
.

https://www.thestar.com.my/business/business-news/2018/07/13/bintai-kinden-accepts-rm50pt48mil-contracts-from-tenaga/

KUALA LUMPUR: Bintai Kinden Corp


Bintai Kindenko Sdn Bhd has accepted several awards from Tenaga Nasional to be the contractor establishing the new 132kV GIS switching station in Selangor for a sum of RM50.48mil.

The group said no major risk is foreseeable in undertaking this contract, which is non-renewable and set for a fixed period. The contract is estimated to be completed within 540 days from the commencement date.

"The Contract will not have any effect on the issued and paid up share capital of the Company and is not expected to have any material impact on the earnings, earnings per share, net assets per share and gearing of the Group for financial year ending 31 March 2019.

"However, it is expected to contribute positively towards the future earnings of BINTAI Group," said Bintai in a stock exchange filing.

They have sign MOU for melaka big land and property development project RM350million in OCt last year when price was around 0.18.
http://www.thesundaily.my/news/2017/10/19/bintai-kinden-vista-springs-rm350m-malacca-development

Court case won in Feb, share price 0.17
http://www.thesundaily.my/news/2018/02/02/appeal-against-bintai-kindens-unit-dismissed

Financial qtr result +ve but But price keep drop till election and after election price still stuck at 0.12-0.13 range.

With its current price, it way oversold and not yet even rebound back to its fair value price and climb up to its potential future high share price base on its court case awards and big projects plan.

Big buyer queue at 0.12 but no buying at all.. always theres buyer want collecting Bintai shares at low price instead of moving up the share price.

The same thing happen when good news out alwys have sellers queue blocking the share price from moving up and press it lower.

It doesnt matter whether get local or overseas projects.. most important is those project/contracts need to generate profits.Recent court case won also shows future receiveable for the court award + interest abt additional 0.179 in share price values which is much more higher than current low market share price.

Previous financial adjustment big NTA drop is due to removal of the receivables for court case money and also fin qtr losses.

Current NTA: 0.25. With latest court awards, Bintai financial should be revised higher.

Its share price only can move up if there strong buying from the big players as currently retailers more on sitting on the fences or already exited.

Still sleeping, unlike TGOFFS - T7Global price shoot up yesterday.

Bintai won many big projects oversea and locally but its share price is so undervalue and no trading vol.. its hard to attract trader or investor to buy.

They even had right issue 1:1 at 0.20, private share placement at 0.23. Its share value should be much more higher but theres always sell off and no buying strength from big players. Even with many good newsplay won big contracts overseas n locally its price hardly move up much. Really sleeping and no +ve action for many months.