BINTULU PORT HOLDINGS BHD

KLSE (MYR): BIPORT (5032)

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Last Price

5.00

Today's Change

-0.10 (1.96%)

Day's Change

5.00 - 5.00

Trading Volume

3,100


1 person likes this.

61 comment(s). Last comment by Nepo 6 days ago

LouiseS

286 posts

Posted by LouiseS > 2019-02-16 16:49 | Report Abuse

Last 5 years EPS unstable and fluctuated significantly, from lowest point of 22sen to highest point of 34sen, PE ratio at 19, ROE 8.6%, and dividend yield is at 4.08%.

https://louisesinvesting.blogspot.com/2019/02/preliminary-screening-of-counters-with.html

Posted by Hindsight Master > 2019-02-22 22:15 | Report Abuse

Company with strong competitive advantage and growth driver. Check out the Chinese release on Biport here. https://youtu.be/HwGiQUqXP8Y

Posted by Hindsight Master > 2019-02-27 17:50 | Report Abuse

Congratulations to all BIPORT shareholders, kindly check out the English release on Biport yesterday. https://www.youtube.com/watch?v=c2MDhQGHJ5I

Nepo

2,762 posts

Posted by Nepo > 2019-09-03 06:17 | Report Abuse

Anyone knows what has happened to this counter? The price has been falling drastically.

Nepo

2,762 posts

Nepo

2,762 posts

Posted by Nepo > 2019-09-23 06:48 | Report Abuse

What has happened to this stock which has gone down recently with no rebound indication? Any hints?

Kwong2018

56 posts

Posted by Kwong2018 > 2019-09-23 13:22 | Report Abuse

Big fish collecting....something happing.

Nepo

2,762 posts

Posted by Nepo > 2019-09-23 21:23 | Report Abuse

Top two giant shareholders are fighting for ownership?

79vloy

48 posts

Posted by 79vloy > 2019-10-02 08:50 | Report Abuse

4.0 easy come...

ahteck85

36 posts

Posted by ahteck85 > 2019-12-04 16:21 | Report Abuse

A monopoly... hope it is not implicated by the political tussle.

shpg22

2,983 posts

Posted by shpg22 > 2019-12-08 09:46 | Report Abuse

Performance is mediocre despite all the advantages + continuous drops in dividend payout over 10 years from high of 40.95 cent to 14.00 now.

Posted by Edmund Dominos > 2020-01-12 13:55 | Report Abuse

So quiet here. Anyone invest in this stock?

stingray_ea

2,765 posts

Posted by stingray_ea > 2020-02-19 14:30 | Report Abuse

Hoooland boat

Luckyman95

103 posts

Posted by Luckyman95 > 2020-05-25 12:00 | Report Abuse

Nice counter I keep

gnail

342 posts

Posted by gnail > 2020-10-02 01:38 | Report Abuse

biport is now double bottom, uptrend coming.

Posted by DreamCustodian > 2020-10-02 02:06 | Report Abuse

Up 4.05%

Posted by DreamCustodian > 2020-10-02 02:06 | Report Abuse

Okay also la

Posted by DreamCustodian > 2020-10-02 02:06 | Report Abuse

Boleh juga la

Posted by DreamCustodian > 2020-10-02 02:07 | Report Abuse

Very good

Posted by DreamCustodian > 2020-10-02 02:07 | Report Abuse

Excellent

Posted by DreamCustodian > 2020-10-02 02:07 | Report Abuse

Well done

Posted by DreamCustodian > 2020-10-02 02:07 | Report Abuse

Congratulations

Posted by DreamCustodian > 2020-10-02 02:08 | Report Abuse

Keep up the good work

gnail

342 posts

Posted by gnail > 2020-10-09 17:07 | Report Abuse

jkm lng spot price over 5k now, lng good, lng up trend now.

beluga

150 posts

Posted by beluga > 2021-01-29 14:53 | Report Abuse

I like port businesses. It's sort of a monopoly one. I like MMC, Suria, Westport, Bintulu. All Malaysia listed companies. In terms of attractive valuations, the one that trade at big discount at the moment I think is MMC and Suria Bhd (all Sabah ports).

Posted by wallstreetrookie > 2021-08-23 07:52 | Report Abuse

Westports, Bintulu Ports in focus

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-08-23 08:54 |

Post removed.Why?

Posted by wallstreetrookie > 2021-10-25 08:43 | Report Abuse

buy

DarenWai

351 posts

Posted by DarenWai > 2021-10-31 17:29 |

Post removed.Why?

Joseph23

19 posts

Posted by Joseph23 > 2021-11-03 17:13 |

Post removed.Why?

SincereStock

1,408 posts

Posted by SincereStock > 2021-12-08 09:16 | Report Abuse

considering without further pandemic complication, logistic should be bullish onward

Michael Kwok

5,235 posts

Posted by Michael Kwok > 2022-08-30 22:41 | Report Abuse

Price5.15-5.25
Downgrade bport below 4.20.
30/8/2022 10.42pm

Posted by SmallCapAsia > 2022-11-02 11:39 | Report Abuse

Bintulu port is a stable and profitable stock to ride out the volatility. Check out other stocks here: https://www.smallcapasia.com/7-stable-malaysia-stocks-for-nov-2022/

Nepo

2,762 posts

Posted by Nepo > 2 months ago | Report Abuse

Renewal of Bintulu Port’s concession underway. The concession will expire on 31 Dec 2022, with the option to extend for another 30 years to 2052. The extension has been approved in principle, and BiPort as well as Bintulu Port Authority are in the midst of finalising the terms and conditions for the new concession agreement. An interim agreement was signed for 6 months from 1 Jan 2023. We expect the terms to be finalised by the expiry of this interim agreement.
We believe that would be a hike in tariffs upon the renewal of the concession. Bintulu Port’s average terminal handling charges are significantly lower than Samalaju Industrial Port (Exhibit 7). Likewise, Bintulu Port’s terminal handling charges for its containers are also lower than peers (Exhibit 8). Recall that Bintulu Port’s general cargo tariffs were last revised 39 years ago in 1983 while container tariffs were raised 23 years ago in 1999.

Nepo

2,762 posts

Posted by Nepo > 2 months ago | Report Abuse

I topped up some @ RM 4.78, half of my collection.
Anyone also bought in?

Nepo

2,762 posts

Posted by Nepo > 2 months ago | Report Abuse

no one buy?
i am the only one who stay here to support this share..

Posted by wallstreetrookieNEW > 2 months ago | Report Abuse

Nah, I am watching as well

Nepo

2,762 posts

Posted by Nepo > 2 months ago | Report Abuse

At this price RM 4.80, definitely worth to buy it.
Waiting to plumpet and top up another half


Posted by tedoptimus > 1 month ago | Report Abuse

用数据预测BIPORT 2022Dec 的业绩
https://youtu.be/x1CMXAxqTaE

Nepo

2,762 posts

Posted by Nepo > 3 weeks ago | Report Abuse

A13. Significant Events

The 30-years concession period of Bintulu Port Sdn. Bhd. (BPSB) under the Privatisation Agreement ended on 31st December 2022. The Government through Unit Kerjasama Awam Swasta (UKAS) vide letter dated 8 October 2014 had in principle approved the extension of concession for BPSB to operate Bintulu Port for another 30 years (2023 – 2052) subject to terms and conditions to be agreed upon by the parties.

On 24 November 2022, an Interim Agreement was signed between Government of Malaysia, Bintulu Port Authority and BPSB which allows BPSB to continue the operation, management, maintenance and provision of operational facilities and services of the port undertakings within the Demised Property at Bintulu Port on an interim basis and upon the same terms and conditions of the Privatisation Agreement for a period of six (6) months or until the terms and conditions of the new concession is concluded.

The parties are still in the midst of negotiating the terms and conditions of the new concession agreement.

There were no material events subsequent to the end of the reporting period that have not been reflected in the financial statements.

Nepo

2,762 posts

Posted by Nepo > 3 weeks ago | Report Abuse

We like BIPORT for: (i) its steady income stream from handling LNG cargoes for Malaysia LNG Sdn Bhd (that typically makes up close to 50% of its total profit), (ii) it could potentially enjoy a step-up in earnings if Bintulu Port is granted a significant hike in its port tariffs, and (iii) the tremendous growth potential of Samalaju Industrial Port backed by rising investment in heavy industries in Samalaju Industrial Park. Maintain OUTPERFORM.

Risks to our call include: (i) inability of Bintulu Port to secure an adequate port tariff hike to offset escalating operating cost, and (ii) a global recession hurting heavy industries in Samalaju Industrial Park.

Source: Kenanga Research - 1 Mar 2023

Nepo

2,762 posts

Posted by Nepo > 3 weeks ago | Report Abuse

Bintulu Port concession expired on 31 Dec 2022 with the option to extend for another 30 years until 2052. The extension has been approved in principle, and BiPort and Bintulu Port Authority are in the midst of finalising the terms and conditions for the new concession agreement.
An interim agreement was signed on 24 Nov 2022 for 6 months from 1 Jan 2023 onwards. We expect the terms to be finalised – with a potential tariff revision – by 30 Jun 2023.
Looking ahead, we have pencilled in a 4% growth in FY23F throughput volume. We are optimistic on BiPort’s outlook due to (i) the strong and resilient demand for LNG as Europe aims to reduce its dependency on Russian gas; (ii) the growth potential of Samalaju Industrial Port, underpinned by the Sarawak Corridor of Renewable Energy; and (iii) stable earnings and dividend yields.
Key risks are (i) macroeconomic and geopolitical uncertainties affecting LNG demand; and (ii) port congestions which may depress throughput volume.
The stock currently trades at an attractive FY23F PE of 17.9x, below its 5-year peak of over 20x.
Source: AmInvest Research - 1 Mar 2023

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