i_investor, because they wnat you guys to buy their share on hand so that they can quit Bpuri completely. They will ask Star, NST, Edgedaily, Focus Mg & other Investment Forums help to promote if they still got share on hand this few weeks.
Posted by Hunter2016 > Oct 5, 2016 11:31 AM | Report Abuse
i_investor, because they wnat you guys to buy their share on hand so that they can quit Bpuri completely. They will ask Star, NST, Edgedaily, Focus Mg & other Investment Forums help to promote if they still got share on hand this few weeks.
Not yet time to sell. NOW IS ONLY THE BEGINNING OF BUYING ON THE CHEAP
Like Buying Jaks at 40 cts.
See
calvintaneng Whoa!
Top boss bought at 44 cents and above, millions of them. Anything below 40 cents is a bargain!
So don't wait or else Jaks jump Jump JUMP Up And Away! 16/12/2014 15:00
Jaks Jumped to over Rm1.20 (Up 200%)
So there is a time to plant. And a time for harvest later when Bpuri crosses Rm1.00
VenFx,this company is the main contractor of many projects namely the Reach,Lakepark,PV128,13,14,15-20,Jl 99,n so on.There is one whole block constructed by them is for rental only.So don't undervalue this counter as it has proven its capability in its building of many stylish highrise buildings.Also they are building a lot of infrastructures so it is rather diversified in its construction.Personally I think it is undervalued at this current price and believe it will surge upwards and it has bottomed out.
Hahaha, fyi fam Bpuri is run their management fee only. Minority shareholders interest ? Not their major concern. There are more better players eg . Econ as construction beneficiary; Matrix , Mahsing , Tambun, Ksl they are qualified in my list.
It is equally good and strong from records of real performance in construction which is very innovative.Their projects are far bigger than some of those companies mentioned by you.
Fam, in coming 1 month from now. You will find wht I choose Econ Bhd as a better proxy fir construction. While Mahsing & Matrix for property developer & management. Last but not least Ekovest in toll concession play. Sorry, if my view goes otherwise.
May be , Bpuri will grow better in future, let's see. As for now, most retailers of i3 has lost confidence due to Calvin's overly bias promotion and tweaking conduct .
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
Should sell some of fixed assets instead of doing PP if they need cash for working capital. The eps can go almost zero now. Really not understand what the management is thinking.
The private placement is the best course of action for these reasons:
1. Company has secured Rm2 billions worth of jobs. So either borrow more funds from banks at higher interest or go by way of private placement. This is cheaper as there is no need to pay bank interest.
This is what masteel did. All steel companies have high gearing due to borrowings. Masteel saved on interest rate by raising fund through pp.
2. The price of pp is at 50 cts or higher. It cannot be lower than the par value of 50 cts. As such all previous Pp and esos were priced at 50 cts and above.
3.People willing to buy through pp at 50 cts rather than following Calvin and Johor buddies could only mean 2 things
1. They buy in huge volume of 20 over million Bpuri shares which they can't collect from so little selling. So they pay 50 cts for more shares rather nibble 10,000 to 100,000 shares at 42 cts from open market.
2. Calvin is happy to buy at 42 cts. About 18% below their buying price as I get better value then them
Company is getting more projects and more business. A good sign. Last time masteel placed out shares to raise fund for new blast furnace. In masteel case people get 10% discount through pp. But for Bpuri people are willing to pay a premium (opposite of discount) to acquire precious Bpuri shares.
Expect in coming months more and more job awards for BPuri just like GKent and Gadang did.
2018 Election is coming soon. Both UMNO and MCE need crucial funding. So BPuri will be the next to fly like GKent and Gadang.
can I ask your guys a q ? about 07/10/2016 NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING
why many people say this PP will made the eps become 0 value can ask apa relation between PP and eps why private placement will hurt eps someone can teach me please
u have been promoting mulpha, mpcorp bjcorp, perisai, etc and those who follow ur advice are all stranded in holland!!!!! hahahahha!!! what a lousy fortuneteller!!!! only know how to ask ppl to buy tickets to holland!!! kikikikikiki!!!
u have been promoting mulpha, mpcorp bjcorp, perisai, etc and those who follow ur advice are all stranded in holland!!!!! hahahahha!!! what a lousy fortuneteller!!!! only know how to ask ppl to buy tickets to holland!!! kikikikikiki!!!
Looks like someone trying to bully Angielim. I am grateful to her because she tipped me off on MBSB which I bought at 69 sen two months ago, 30% gain in two months. She is good!
Yes this calvin really thought he is one level above the rest after his lucky call on kulim and he forget he got tons of Holland stocks such as bjcorp and uems
This is a record of BPuri's past quarter & past year results. On face value they look like BPuri had gone through a bad patch.
Now I have experienced this same scenario like I did with Pm Corp.
I know from experience so many accountants, stock analysts, stock brokers & experts disagreed with me then with Pm Corp's past results.
Pm Corp crashed from 50 cts all the way to 15 cts when I bought it. And I bought even more at 13 cts to 9 cts.
When Pm Corp was at 9 cts the results were just like this BPuri now.
I spoke to one Remisier in Iskandar about the rosy prospect of Pm Corp in year 2012. He took one look at Pm Corp's few quarterly results & immediately commented that Pm Corp was a lousy stock.
What he missed? What he did not see?
Pm Corp was asset rich. Its Net Assets Was More than its net debt. He only saw the surface. He did not make the effort to dig deeper. So he missed this Pm Corp gem at 9 cents.
Then Pm Corp disposed a factory in Singapore. Accounts showed a turn into earnings & Pm Corp declared a 3.2 cents profit. Only then Market woke up to realize that PM Corp was a gem.
Pm Corp price touched 36 cents twice.
How many missed buying Pm Corp at 9 cts for year 2012 & 2013 - 2 Whole Years Calvin told countless Johoreans to buy Pm Corp at 9 cts.
If they have bought they would have reaped 300% gain from 9 cts to 36 cts in just 1 to 2 years away.
Now I don't dispute the excellent charts brought out by Adam Khoo. You can be correct as far as the past records are concerned. That was a bad patch we have just drove past. That was a bad patch for Bpuri on rear mirror. The scene in front of the car now has changed from bleak to a brighter day.
THE FUTURE IS YET AHEAD! And You missed to SEE these in BPURI
1) All the debts of BPuri are backed by Quality Assets which can be sold to settle debts
2) The payable is backed by receivables. And the receivables are from Governments & Petronas. So there is a defensive element.
3) You must realize that all other accountants & analysts lke you have also read and understood the poor results of BPuri. And thus they have sold down BPuri from Rm1.50 to 42 cts. SO ALL THE BAD NEWS ARE ALREADY PRICED INTO THE 72% DISCOUNT IN BPURI'S SHARE PRICE REFLECTED NOW AT 42 Cts (Was Rm1.50
4) You must know that just like Gadang & George Kent BPuri is also politically linked. And with election year latest by 2018 MCA backed stock like BPuri would also need money like UMNO Counter.
5) The visible Job contracts for year 2015, 2016 already reached Rm2 billions. And Management is also bullish on securing more 2017 contracts
6) Above all the actions of INSIDERS Buying 3.2 million ESOS & Interested Parties willing to buy 21 million & another 24 millions private placement shares speak louder than words. THE FACT THAT THEY ARE EVEN WILLING TO PAY A PREMIUM OF 25% TO BUY BPURI SHARES INDICATE EXTREME OPTIMISM ON THEIR PART. THEY SEE WHAT YOU AND OTHER ACCOUNTANT OR ANALYST CANNOT SEE AT THE PRESENT MOMENT
7) ONLY TIME WILL TELL. WILL BPURI SHOOT PAST RM1.00 BY 2017?
If Mr Market misread the facts wrongly he will sell. This will be your last opportunity to collect on weakness if any.
Last round Calvin called for a buy on masteel when it retraced to 66 cts. In just weeks Masteel shot up to Rm1.06. Up 50%
So on Monday just take up position before more people discover this hidden gem. If price run away too bad for all who will miss the Star performing stock of 2017
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
cheated
1,001 posts
Posted by cheated > 2016-10-05 11:15 | Report Abuse
High debts-high interest expense how to have good earnings?