Even recent Jack Ma alilbaba newsplay also not hlp boost bintai share price. Bintai work order already >Rm1billions close to 2billions but share price only show market capitalization less than RM50million.

Bintai also ventures into data centre, mechanical and medical field last year.
http://www.theedgemarkets.com/article/bintai-kinden-eyes-mechanical-electrical-jobs-data-centre-segment

KUALA LUMPUR: Mechanical and electrical engineering service provider Bintai Kinden Corp Bhd is on the prowl for opportunities to cater to the data centre industry considering the flourishing e-commerce trend in Southeast Asia.

Group managing director cum chief executive officer Ong Choon Lui noted that should there be demand locally with data infrastructure springing up, the group hopes too to “have a slice of the cake”.

Speaking to reporters yesterday after the company’s annual general meeting, Ong cited Amazon and Alibaba to be amongst big names the group looks forward to attempt submitting project tenders for.

The group is working towards venturing into this new area for its engineering segment starting next year, and expects a 5% contribution to its financial year 2019 top line, according to Ong.

Meanwhile, Ong said the group will focus more on service provision for factories moving forward, as factories are usually “built in anticipation for a boom”, and since manufacturers keen to leverage on the weaker ringgit against the US dollar are now returning to Malaysia.

Medical-related facilities are another focus area for the group, especially in Singapore, due to the scarcity of space in private hospitals there.

The group’s engineering order book figure stands at RM1 billion as of now, of which 35% is made up of local projects with the rest being regional jobs, said Ong.

“We are targeting, in Malaysia alone, to secure RM800 million worth of contracts”, he added.

Yes, its really odd, based on business projects and financial results, theres +ve turnaround and won substantial court case money, even won against appeal case also. Big JV plan with Vista Spring for Melaka land development projects but stock price just stuck and bottom lvl. The company directors and main shareholders also not showing support at own share price, alot retailers already washed out but price still hardly move up back.

Many other penny stocks already start rebound up after election, Bintai still at 5 yrs low price range and yet to move up b to price bfr election eventhough good financial qtr result has out.

The big shareholders /big players keep collecting since last year.
Time to move up because its share price value should be revised higher with the money won from court case.

Share price before election around 0.18, now after election still below pre election price even with recent good financial report and won court case annoucement.

Won court case money is even higher than current total share market values yet price hard to move up. Recent financial also show turnaround profits and coming big Melaka development projects but daily transaction is so low and not attracting any big players at all.

With the Melaka land development project JV with Vista Spring worth 350million, Bintai share value worth is actually so much more higher but suprisingly the shareholders and Bintai company didnt initiate shares buy back but just collecting from open market from retailers at low price.

https://www.edgeprop.my/content/1213358/bintai-kinden-partners-vista-springs-jointly-develop-melaka-land

Currently Bintai share price is so much undervalue and oversold way too far from its fair market share asset value.

Bintai latest fin. qtr result +ve, making profit even during bad times.
NTA: 0.25

Receiveabe from winning court case RM28million + 5% interest for 7.5 yrs (interest rate of 5% per annum from 3 June 2008 up to 9 March 2016)
total abt RM38.5million.

Bintai total no. of shares 214.59million
The receivables translated to Bintai share price is additional gain abt 0.179 sen.

If added to latest NTA, share price 0.43.

But Bintai price really low at 0.125 currently.
The big shareholders still dont take any action to accumulate up the shares.

To recap, according to an arbitration verdict from December 2016, SBP was ordered by the court to pay a total of RM28.22 million as arbitration awards together with an interest rate of 5% per annum from June 3, 2008 up to March 9, 2016.

The court also ruled for a cost of RM20,000 to be paid by SBP to KBK.

In line with that, the group said it will be seeking the enforcement award as per the previous court ruling amounting to RM28.22 million together with the interest rate as well as on the private caveat presented on SBP’s property and all other relevant costs awarded to KBK.

Court dismiss SBP appeal.


BINTAI KINDEN CORPORATION BERHAD ("BKCB" OR "COMPANY")

- ARBITRATION BETWEEN KEJURUTERAAN BINTAI KINDENKO SDN BHD AND SERDANG BARU PROPERTIES SDN BHD

We refer to the Company's announcement dated 7 May 2018 and any subsequent updates on the material litigation involving Kejuruteraan Bintai Kindenko Sdn Bhd ("KBK"), a wholly owned subsidiary of the Company, and Serdang Baru Properties Sdn Bhd ("SBP").

The Board of Directors wishes to announce that pursuant to the hearing held at the Federal Court today, the Federal Court has dismissed SBP's motion for leave to appeal and granted costs of RM10,000.00 in favour of KBK.

This announcement is dated 28 May 2018.

Currently very weak or no vol trading. The company mainshareholders and big players have to push up only can c +ve sign.

Pending court case money, .http://www.thesundaily.my/news/2018/02/02/appeal-against-bintai-kindens-unit-dismissed.
Pending Melaka projects.

Previous Qtr result NTA 0.32 but price sold down alot from 0.18 and not much buying strength to move the share price.
Share price performance really disappointing. Not involve or related to IMDB or previous govt link biz but still share price unable to move up rebound because lack of big shareholders/players support.

Big shareholders keep disposing their shares..

Big projects for Melaka but the big players keep holding down the share price to buy back cheap from retailers.

Sold Bintai SG http://www.theedgemarkets.com/article/bintai-kinden-nets-rm315mil-it-cuts-stake-singapore-firm

https://www.facebook.com/bintaikindenko/

After restructuring, stock price still not moving up much.

Based on latest qtr fin result report http://klse.i3investor.com/financial/QoQ/quarter/6998/30-Sep-2017_2930226708.jsp

NAPs = 0.3277

MRCB govt link stock.. during near election time alwys drop alot.. can chk back previous near election time, drop like waterfall..

Wash down price too long.. Have money Rm510k to buy other company shares 51% but no money to push up/buy back Bintai shares.

After restructuring get RM 31.5million+ but money not reflected back into share price.

The management/big shareholders not active in own company shares trading.. price very low and inactive.

Very very high PE, very high no. of shares in Billions, NAPS 0.108.. high risk stock.

Abt 4 billion total shares.. where most of it were new shares abt 2.7 billion issued and placed at 0.11 for the big shareholders.. they holding free paper shares convert money by selling high to normal retailer at 0.17-0.20 recently.

Of coz the bigplayers will try hold the price so wont drop too much till their entry cost.. but they have big margin to play with unlike new retailer thats enter at high price.

Nobulshit: The new share issuance and new private share placement end of last year at 0.11 with total no. of new shares at 2.7billion.

The share price went up because big players buying n pushing it up prior to financial qtr result release out.. coz they already know upfront the fin. result and alot of retailers will buy high make it easier to unload with fat profit.

The insiders big players already unload much earlier bfr news out after push up high from their private placementy at 0.11 since last year Oct -Nov.

Private share placement issue at 0.165 worth RM67million.

https://www.investopedia.com/ask/answers/052815/how-does-private-placement-affect-share-price.asp

"With a publicly traded company, the percentage of equity ownership that existing shareholders have prior to the private placement is diluted by the secondary issuance of additional stock, since this increases the total number of shares outstanding. The extent of the dilution is proportionate to the size of the private placement offering. For example, if there were 1 million shares of a company's stock outstanding prior to a private placement offering of 100,000 shares, then the private placement would result in existing shareholders having 10% less of an equity interest in the company. However, if the company offered an additional 1 million shares through the private placement, that would reduce the ownership percentage of existing shareholders by 50%.

The dilution of shares commonly leads to a corresponding decline in share price, at least in the near term. The effect of a private placement offering on share price is similar to the effect of a company doing a stock split. The long-term effect on share price is much less certain and depends on how effectively the company employs the additional capital raised from the private placement."

Vizione acquire WSSB via 976.2 million share issuance at 0.11
and also propose undertake private share placement up to 1.7b new shares assuming at 0.11.
Total is abt 2.7billion new shares.

With existing shares 900million+ shares floating.. after complete will have abt
3.7 billion shares dilute the share price.

New shareholder WSSB and from private placement shares value at RM0.11 which is much more cheaper than current market price.

With so many new issuance shares and under private share placement and new big shareholders mostly at 0.11+...

Total new new shares is abt 3:1 existing shares.. means the share price already diluted 3X lower but big players push up higher to unload at profit. With new ESOS listing etcs.. so many new shares floating waiting to unload at high price for new investors.

Have money to acquired other company shares RM510K.. but own Bintai shares still at all year low price range. 0.175/0.18.

Acquired 51% Shares in Proven Seal (M) Sdn Bhd
in total representing 51% of the total issued share capital of
PSSB for a total cash consideration of RM510,000

RATIONALE FOR THE SUBSCRIPTION AND ACQUISITION
BKCB is principally involved in Investment Holding and the core business of
BKCB Group are provisions of specialised mechanical & electrical engineering
services, facilities management services, turnkey works, project management and
consultancy services, energy efficient audit and design consultancy, energy
performance contracting, trading in building materials, concession arrangement,
property development and investment holding.
PSSB’s principal activity in construction is in line with the BKCB Group’s core
activities in turnkey works and project management and thus BKCB Group will be
able to further enhance its revenue stream in property development in the near
future.


http://www.bursamalaysia.com/market/listed-companies/company-announcements/5625269

New year still no buying power from the big players Still retailers buy n sell at low price.

Rebound always get hit back by selling down... Big players weak in buying up unlike other counters.
Today have some buying at 0.18., might retest recent high 0.20 - 0.215 if more buying pressure.

New Year 2018 1st day trading closing at 0.18. Still not moving up much..

DickyMe: No news and just sideway movement. Won new projects, JV RM350million and slightly improve financial qtr report recently but no money pump up stock price to reflect its projected biz value. Other election play stock moving up, but Bintai still at low price lvl.

http://klse.i3investor.com/financial/YoY/quarter/6998/30-Sep-2017_2930226708.jsp

Memorandum of Understanding between Kejuruteraan Bintai Kindenko Sdn Bhd (a
wholly-owned subsidiary of BKCB) and Vista Springs Development Sdn Bhd

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=82676&name=EA_GA_ATTACHMENTS

Strong buying vol at 0.20 after 4pm just now... the big players pushing above 0.20 lvl.
+ve sign for retest and break recent high above 0.215 and higher.

Bintai Directors and big shareholders acquired bintai share price much higher during April - May this year from 0.205 - 0.23 and still holding not sell yet. Bintai price should go up higher but recent high only reach 0.215 and sell down by contra retailers.

MR ONG CHOON LUI 31-May-2017 Acquired 4,857,004 0.205
MR ONG PUAY KOON @ MAH SOCK HENG 31-May-2017 Acquired 4,857,004 0.205
MR ONG CHOON LUI 21-Apr-2017 Acquired 2,000,000 0.230
MR ONG PUAY KOON @ MAH SOCK HENG 21-Apr-2017 Acquired 2,000,000 0.230
MR ONG CHOON LUI 13-Apr-2017 Acquired 5,086,680 0.230 View Detail
MR ONG PUAY KOON @ MAH SOCK HENG 13-Apr-2017 Acquired 5,086,680 0.230
MR ONG CHOON LUI 06-Apr-2017 Acquired 6,443,500 0.230 View Detail
MR ONG PUAY KOON @ MAH SOCK HENG 06-Apr-2017 Acquired 6,443,500 0.230

Won many new projects and JV big land developement at Melaka yet price still stuck at 0.20 eventhough yesterday highest was at 0.215. The big players entered average price abt 0.20 and still supporting/hold. Still not strong enough play yet unless can direct up till 0.25 - 0.30... limit up fast as Financial qtr report end of this month.

Break 0.20 with strong big vols.. moving up with +ve sign.

Other counter like Cuscapi even with financial losses also can fly up 23%+ today..

Time to break 0.20 and moves higher.. been sleeping too long Bintai!

Won another project RM18.5 million.

BINTAI KINDEN CORPORATION BERHAD (290870-P)
Subject: Bintai Kinden Corporation Berhad (“BINTAI” or “Company”)
Letter of Award to Kejuruteraan Bintai Kindenko Sdn Bhd
_____________________________________________________________________________
The Board of Directors of BINTAI is pleased to announce that Kejuruteraan
Bintai Kindenko Sdn Bhd (“KBK”), a wholly-owned subsidiary of the
Company has on 27 October 2017, received and accepted a Letter of Award
from Tenaga Nasional Berhad for KBK to be appointed as Contractor for the
design, supply, erect, test and commissioning for the Mainhead A : PMU
132/33kV Vision City (2x90MVA) Kuala Lumpur under Contract TNB
2777/2017 (“Contract”) for a contract sum of Ringgit Malaysia
(RM)18,544,920.
No major risk is foreseeable on the Contract and it is a non-renewable
contract with fixed contract period. The Contract is estimated to be completed
within 480 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 2018. However, it is expected to contribute
positively towards the future earnings of BINTAI Group.
None of the Directors and/or major shareholders of BINTAI or persons
connected with them have any interests, direct or indirect, in the Contract.
This announcement is dated 30 October 2017.

Last closing share price at 0.19 market capitalization only abt RM55million.
Bintai with so many big projects in hand more than RM1billion but still trading as small cap counter stock. Have completed recent restructuring by selling off SG subsidiaries shareholding netted RM31million and won big projects from Mynmar, SG, MY JV RM350million but its share price still far from its high revenue value.


Compare to previous record in 2015. Bintai restructing via cash call for main share and its warrant, its price lowest 0.195 - 0.21 and high 0.375-0.45.
http://maa.theedgemarkets.com/article/weighing-bintai-kinden’s-cash-call

Current latest share price still trying hard to breakout for its low lvl.

Updated projects won, receivables & etcs.

In 2016.

++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
RM32million - Jan 2016
http://themalaysianreserve.com/new/story/bintai-kinden-secures-rm32m-v...

RM120million - Jan 2016
http://www.thestar.com.my/business/business-news/2016/01/20/bintai-kin...

RM9.4million - Jan 2016
http://themalaysianreserve.com/new/story/bintai-kinden-awarded-rm94m-e...

RM31.42million - Mar 2016
http://www.thestar.com.my/business/business-news/2016/03/17/bintau-kin...

RM13million - Mar 2016
http://themalaysianreserve.com/new/story/bintai-kinden-gets-rm13m-cont...

RM18million - July 2016
https://www.pressreader.com/malaysia/the-star-malaysia-starbiz/2016071...

RM169million - Sept 2016
http://www.thestar.com.my/business/business-news/2016/09/04/bintai-kin...

RM48million - Sept 2016
http://www.thestar.com.my/business/business-news/2016/09/21/bintai-kin...
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

In 2017

SG project RM 45million, - March 2017
http://www.theedgemarkets.com/article/bintai-kinden-undertake-rm4494m-...

Mynmar project RM75million, - Jun 2017
http://www.thestar.com.my/business/business-news/2017/06/06/bintai-kin...

SG project RM122million - Jun 2017
http://www.theedgemarkets.com/article/bintai-kinden-bags-rm122m-constr...

Won court case big receivables abt RM40million with interest - March 2017
(Pending appeal court case)

SG projects worth RM 32.4million - Jun 2017
http://www.theedgemarkets.com/article/bintai-kinden-bags-rm324m-contract-singapore-govt

Bintai restructuring net RM 31.52million - Aug 2017
http://www.theedgemarkets.com/article/bintai-kinden-nets-rm315mil-it-cuts-stake-singapore-firm

KLIA projects RM 11million - OCt 2017
http://www.thesundaily.my/news/2017/10/16/bintai-kinden-accepts-rm11m-klia-job

JV melaka land development projects RM350million - Oct 2017
http://www.theedgemarkets.com/article/bintai-kinden-partners-vista-springs-jointly-develop-melaka-land

Private share placement and new share issued at 0.11 for total of abt 2.7billion shares + existing shares become total abt 3.5billion no. of floating shares. Its very very high no. of shares.

The insiders/big players knowing upfront financial qtr result +ve so they jack up price 0.15 lure retailer and sell back high price to them.... just dont know whether they still want push higher since
at current lvl those big players already making profit selling at 0.15 to retailers.

Early last yr won Melaka turnkey project for campus RM120 million.
Price from high of 37 sen in January last yr to close at 27 sen in 14 march 2016.
http://www.theedgemarkets.com/article/bintai-kinden-eyeing-turnkey-projects-melaka

Now this yr JV melaka project RM350million and won KLIA project RM11 million but price still below 0.20.
Still lagging so far behind even so big projects in hand, cash gain RM 31million via dispose of SG subsidiaries shares and pending court case receiveable RM40million with interest..

http://www.theedgemarkets.com/article/bintai-kinden-attracts-buying-interest-after-announcement-jv-project

KUALA LUMPUR (Oct 20): Bintai Kinden Corp Bhd rebounded from the trough this morning after the company announced a joint venture project with gross development value (GDV) of RM350 million yesterday.

At 11.30am, the stock rose 1.5 sen to 19 sen with some 1.36 million shares exchanged, giving it a market capitalisation of RM55 million. The counter had tumbled from 24 sen in May to a low of 16.5 sen early this month.

Bintai Kinden has a 200-day average trading volume of 652,570 shares. The counter has been trading between a 52-week range of 16 sen and 28 sen.

In a bourse filing yesterday, Bintai Kinden said its wholly-owned subsidiary, Kejuruteraan Bintai Kindenko Sdn Bhd, has entered into a memorandum of understanding with Vista Springs Development Sdn Bhd for the development of premises in Melaka on a 4.74-acre piece of land, which has an estimated GDV of RM350 million.

This is the company's second project announced this week. On Monday, it said it has won a subcontract to develop an air traffic surveillance and management system at the Kuala Lumpur International Airport for RM11 million. Bintai Kinden's trading volume had subsequently soared to 1.02 million from 188,000.

The big players/shareholders already know and bought earlier 0.23 all the way down and block push price till oversold at 0.165 to accumulate as much as possible from retailers. Same modus operation since early january this year.. drop 0.17 and later shot up 0.28 in MArch..

Bintai share prices shouldn't be that low below 0.20 level if not block and selldown by big players/retailers.

Well. just sharing info. Not happy also cant do anything. Its stock market ctrl by the big players. I also paper losses.

This news quite new but old few days ago. Big projects Rm350millon.
If share price still cant shoot up... then need to wait Budget plan end oct and end Nov for financial qtrs report.

http://www.theedgemarkets.com/article/bintai-kinden-partners-vista-springs-jointly-develop-melaka-land-0

KUALA LUMPUR: Bintai Kinden Corp Bhd is partnering with Vista Springs Development Sdn Bhd to jointly develop a project with an estimated gross development value (GDV) of RM350 million in Melaka.

The development, located on a 4.74-acre (1.98ha) piece of freehold land, will be for hospitality, residential and/or commercial purposes, subject to proper due diligence and feasibility studies to be carried out prior to a binding arrangement between the parties.

In a filing with Bursa Malaysia yesterday, Bintai Kinden said its wholly-owned subsidiary Kejuruteraan Bintai Kindenko Sdn Bhd had inked a memorandum of understanding with Vista Springs to establish a collaboration between the parties to join their skills, experience and resources to work together to develop the premises for mutual interest and benefits to the communities.

Bintai Kinden said the estimated GDV of the proposed development is expected to contribute positively towards the future earnings of the group.

The big player n operators bz playing other counters. Once they come back bintai easily up above 0.40++ with so much cash in hand rm31million from recent subsidiaries sg shares sold and pending court case receivables with interest rm40million+. Bintai also tender for data centre projects in line with malaysia budget plan boost for small cap technology stock boost end of oct. BINTAI need to catchup other stocks which already move up high n not just stuck at klang river.

Rebound up ..

AZRB, Bintai Kinden, EITA Resources, MyEG, Nationwide Express, Nova MSC, Perisai, Rohas Tecnic, Amalgamated Industrial, AbleGroup and Iris | The Edge Markets
http://www.theedgemarkets.com/article/azrb-bintai-kinden-eita-resources-myeg-nationwide-express-nova-msc-perisai-rohas-tecnic

Issuance of billion new shares and private share placement at abt 0.11 to new big shareholders but current share price not dilluted yet still can go up. Abt 2.7billions new shares not small numbers with most of the shares in bigshareholders holding.

The private share placement should raise up to RM185.6m. The balance funds post acquisition will be for working capital purposes and also expenses arise from the acquisition of WSSB.

Working capital maybe means include push up own Vizione shares and sell to public retailers to get more fund/profits later on.

Bintai need strong active players to move. Other stock all have syndicates/big players playing... can fly exceed limit up and no UMA also.. 1 day up 74%... like KEYASIC. REally crazy buying vol. push up price even financial qtr lost money.
http://klse.i3investor.com/servlets/stk/chart/0143.jsp



KUALA LUMPUR: Key ASIC Bhd , whose shares were the most actively traded on Bursa Malaysia today, revealed that it is currently in the midst of undertaking on a corporate exercise.

In a brief statement to Bursa Malaysia titled Sharp Rise in the Share Price of the Company, the maker of chips and system products for Internet-of-things application said the relevant details had not been finalised at this time.

“The company will make the necessary announcements to Bursa Malaysia Securities Bhd in compliance with the Main Market Listing Requirements of Bursa Malaysia Securities Bhd in the event the company proceeds with the said corporate exercise,” it said.

The counter closed 10.5 sen higher at 27 sen with 2.49 million shares traded. The price shot up 74% from last Friday’s closing price of 15.5 sen.

The group posted a net loss of RM9.99mil for the 17-month financial period ended May 31, 2017, compared with a net loss of RM13.93mil in the previous year. (In April last year, the company changed its financial year end from Dec 31 to May 31.)

Khazanah Nasional Bhd is the second largest shareholder in Key ASIC with an 18.6% stake after Taiwanese/Canadian-owned Key ASIC Ltd (36.6%).

Coming next financial qtr result will include the restructuring proceed RM31.52 million.
Collecting low from retailers. Need to move up as its way oversold.

Like XOX pattern.. difference is XOX fry up from 0.06 till 0.70++ later drop back 0.10+ range in 2016 till now. Syndicate push up high and dump ... trap many retailers in it.

MLABS recent RI also weird..so much higher than its fair value still have subscribers.
Current market price only abt 0.10+/-.