Posted by hpcp > 2016-10-06 05:54 | Report Abuse

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?

Posted by calvintaneng > 2016-10-06 07:10 | Report Abuse

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.

Posted by calvintaneng > 2016-10-06 07:13 | Report Abuse

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.

Posted by calvintaneng > 2016-10-06 07:15 | Report Abuse

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

Posted by hpcp > 2016-10-06 07:36 | Report Abuse

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

Posted by hpcp > 2016-10-06 07:37 | Report Abuse

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.

Posted by calvintaneng > 2016-10-06 07:46 | Report Abuse

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

Posted by calvintaneng > 2016-10-06 07:55 | Report Abuse

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
..

Posted by andy87 > 2016-10-06 08:15 | Report Abuse

bpuri could end up like asia media. beware of those insider accumulation story.

Posted by hpcp > 2016-10-06 10:17 | Report Abuse

vacumming minorities wealth

Posted by Wing50 > 2016-10-06 16:50 | Report Abuse

It is very obvious now that this is "salesman patter" attempting to promote a share!

Posted by promote > 2016-10-06 21:05 | Report Abuse

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.

Posted by cresbinvest > 2016-10-06 21:06 | Report Abuse

Buy SENDAI better

Posted by calvintaneng > 2016-10-07 14:04 | Report Abuse

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

Posted by calvintaneng > 2016-10-10 23:06 |

Post removed.Why?

Posted by VitaminM > 2016-10-11 21:16 | Report Abuse

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?

Posted by calvintaneng > 2016-10-11 22:10 | Report Abuse

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,,,,.......

Posted by shafie > 2016-10-11 22:14 | Report Abuse

calvintaneng you are full time trader ,everyday post at blog

Posted by calvintaneng > 2016-10-11 22:19 | Report Abuse

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,,,,.....

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2 months ago | Report Abuse

BINA PURI
15.9.2016 29 SEN
7.3.2024 7 SEN