BINA PURI HOLDINGS BHD

KLSE (MYR): BPURI (5932)

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Last Price

0.285

Today's Change

-0.01 (3.39%)

Day's Change

0.28 - 0.29

Trading Volume

952,300


11 people like this.

4,921 comment(s). Last comment by damansaraeagle 3 weeks ago

VenFx

14,784 posts

Posted by VenFx > 2016-10-21 18:03 | Report Abuse

1st warning !
Run before $0.475 crashed .

Ikaztahkik

131 posts

Posted by Ikaztahkik > 2016-10-21 18:12 | Report Abuse

runnnnnnn

calvintaneng

56,709 posts

Posted by calvintaneng > 2016-10-21 19:15 | Report Abuse

WHOA!

VERY GOOD BUDGET FOR BPURI!!

SPOTTED AT LEAST 2 VERY GOOD NEWS FROM 2017 BUDGET FOR BPURI

1) ONE CONFIRMED 100% WILL BENEFIT BPURI DIRECTLY

2) ANOTHER ONE WITH VERY HIGH POSSIBILITY WILL BENEFIT BPURI

3) OTHERS YET TO BE STUDIED

PLEASE STAY TUNED FOR MORE GOOD NEWS HERE

BROUGHT TO YOU AT I3 INVESTORS' FORUM

BY CALVIN TAN RESEARCH


YAHOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


WILL POST MORE LATER

COME BACK FOR MORE GOOD NEWS!!!

Gowingo

154 posts

Posted by Gowingo > 2016-10-21 19:31 | Report Abuse

PE 47 ++

So scary

Risky stock

Run before collapse

Gambling stock

Sell

sell

sell

sell

sell

Run

run

run

run

run

VenFx

14,784 posts

Posted by VenFx > 2016-10-21 19:45 | Report Abuse

A better proxy into construction is ECONBHD / GADANG / GKENT .
Definitely a NO ! to BleedingPuri .

VenFx

14,784 posts

Posted by VenFx > 2016-10-21 20:07 | Report Abuse

CALVIN, results say it all. No matter how hard you hide.
http://klse.i3investor.com/servlets/forum/1100047695.jsp

AyamDua

134 posts

Posted by AyamDua > 2016-10-21 21:36 | Report Abuse

Ayam tua still holds GLOTEC 10.2 sen, PERISAI 43.3 sen

CKNYAM

1,470 posts

Posted by CKNYAM > 2016-10-21 22:58 | Report Abuse

Vivocom’ entry into affordable housing will support earnings
October 19, 2016, Wednesday Sharon Kong, sharonkong@theborneopost.com


KUCHING: Vivocom International Holdings Bhd’s (Vivocom) entry into the affordable housing market will support earnings, the research arm of MIDF Amanah Investment Bank Bhd (MIDF Research) observes, given that there is ready demand for affordable housing in Perak and East Coast of Peninsular Malaysia.

According to MIDF Research in a corporate update, Vivocom management aspires to diversify the group’s project portfolio and improves its working capital via affordable housing projects.

“While an affordable housing project generally provides lower single-digit margin for contractors, nonetheless it generates orderbook backlog for longer-term as well as tighter contractual obligations,” the research arm said.

“This would help to match Vivocom’s total construction revenue and earnings with cash inflows from predictable progress billings.”

MIDF Research highlighted that the recently clinched Kinta Valley and Tronoh affordable housing projects are crucial as a learning curve to provide experience in value engineering, traction of gaining tender advantage and wide content application of industrialised building system (IBS) in constructing affordable housing units.

“Vivocom is upbeat especially in East Coast of Malaysia where the demand of affordable housing exceeds supply,” the research arm said.

It added that Vivocom’s management has indicated an expanding IBS content for building construction citing cost advantage as well as time savings as primary drivers.

In MIDF Research’s view, Vivocom’s interest in affordable housing segment comes as no surprise as the State Government of Perak has announced in January 2016, the rolling out of 10,000 units of affordable housing by 2018.

“The Perak Housing Department currently has a waiting list of more than 12,000 applicants for its affordable housing schemes.

“Another example is Terengganu, which has a waiting list of 56,000 applicants since end of 2015,” the research arm noted.

Meanwhile, on the strength on the group’s balance sheet, MIDF Research believed that Vivocom presents a compelling risk/reward opportunity amidst the pressured share price.

Vivocom’s orderbook of RM3.5 billion is at all time high or approximately 48-month orderbook backlog (38-fold financial year 2015 (FY15) construction revenue cover which is the highest in the research arm’s coverage).

Premised on the group’s FY15 working capital/net income cover of 12.1-fold and diligent FY15 working capital/orderbook cover of 0.03-fold, the research arm viewed that Vivocom’s balance sheet fundamental strength is set to outweigh the risk of heavy orderbook execution.

On to its FY16/FY17 earnings estimates, MIDF Research has altogether reiterated earnings projections which are underpinned by a growing orderbook of circa 15 per cent which will swell to more than RM4 billion based on affordable housing projects that Vivocom has tendered.

MIDF Research has also reaffirmed its ‘buy’ recommendation with a target price of RM0.63 per share based on FY17 sum-of-parts (SOP) methodology on an implied prospective price earnings ratio (PER) of 13-fold which is on the lower end of the research arm’s small to mid-cap construction PER range of 10-fold to 14-fold (up 1.3 standard deviation above the mean of 12).

CKNYAM

1,470 posts

Posted by CKNYAM > 2016-10-21 23:05 | Report Abuse

Total Value Date Receive LOA Date Commerce Date Completion Durations Remarks
1 Pavilion Hilltop, Mont Kiara fr CRCC 34,762,000.00 11/12/15 1/12/16 7/12/18 18 months
2 Rumah Selangorku Bdr Ulu Klang fr CRCC 116,400,000.00 12/8/15 1/18/16 7/1/17 18 months
3 1 Gateway Klang, Selangor fr CRCC 195,525,000.00 11/12/15 1/12/16 12/1/18 3 years
4 Neata Aluminium old orderbook as September 2016 351,753,000.00 11/12/15
Kemensah height (82.4mil),tamarind square(10.3mil),lumi tropicana (37.7mil), KL Gateway (15.4), Eclipse Residence (15mil)
5 Teras Millenium to Instacom for Telco Hub sites 29,000,000.00 11/12/15 1/12/16 8/12/16 7 months
6 Jointly Develop Kharisma Port Indonesia 1/15/16 No agreement sign
7 Desa Tasik Project fr Coneff Corp (2 block Commercial) 240,418,000.00 1/20/16 3/8/16 12/8/19 45 months
8 Desa Tasik Project fr Coneff Corp (24 storeys Condo ) 230,000,000.00 1/26/16
9 PBT Engineering for Third Avenue Cyberjaya to Neata 22,500,000.00 4/4/16 4/4/16 9/4/17 17 months
10 V-Development fr Gated Housing Bdr Ulu Klang 15,000,000.00 4/4/16 7/1/16 2/1/18 18 months
11 Green Venture Chepor Hulu Kinta Project 90,000,000.00 4/26/16
12 De Facto Wilayah Sultan Azlan Shah Hulu Kinta Project 160,000,000.00 5/5/16
13 Goldenhill Accenture Genting Sempah pahang project 46,000,000.00 5/20/16 7/20/16 7/20/18 24 months
14 Kiara5 Development Kg Kayu Ara Sg buloh 25,000,000.00 6/23/16 8/23/16 2/23/18 18 months
15 Lim Hoo Seng Construction Lorong stonor project to Neata 12,800,000.00 6/23/16 6/30/16 5/1/19 35 months
16 Seni perspek Bandar tasik Amanjaya Daerah kinta 756,000,000.00 8/4/16 JCA status
17 Green Venture Wilayah Chepor Project 18storeys Apartment 100,000,000.00 8/19/16 24 months
18 Dazamega Mukim Hulu Kinta Project 600,000,000.00 9/1/16 48 months HOA status
Total Project Pipeline that annouced in BursaMalaysia 3,025,158,000.00

Project Not Annouce Yet
19 Tropic Regal Sarawak 250,000,000.00
20 V Plaza Balakong 23,000,000.00
21 Regal Singapore 200,000,000.00
22 M101 Skywheel 500,000,000.00
23 Penang Tunnel 350,000,000.00
24. Gemas double track railway

UniC

482 posts

Posted by UniC > 2016-10-21 23:07 | Report Abuse

pity you la, thinking you keep advertise like that the vivocom will go back to your cost?


you are so naive.

calvintaneng

56,709 posts

Posted by calvintaneng > 2016-10-21 23:07 | Report Abuse

Vivocom's already a spent force after bonus issue. So it will take quite a long time to recover. Can KIV only

As for Bpuri - the Bull Power is still young.

And Bpuri already secured over Rm200 million Prima Housing project in Iskandar. With prices below Rm200,000 and the 100% loan for 1st Time Buyers BPuri's Apartment will sell like hot cakes!!

nekosan

3,637 posts

Posted by nekosan > 2016-10-21 23:55 | Report Abuse

ya, why put vivo analysis in here ? vivo is so much junk if compare with bina puri

Gowingo

154 posts

Posted by Gowingo > 2016-10-22 09:35 | Report Abuse

PE 47 ++

So scary

Risky stock

Run before collapse

Gambling stock

Sell

sell

sell

sell

sell

Run

run

run

run

run

Gowingo

154 posts

Posted by Gowingo > 2016-10-22 09:43 | Report Abuse

PE 47 ++


So scary


Risky stock


Run before collapse


Gambling stock


Sell


sell


sell


sell


sell


Run


run


run


run


run

alvinchiam

1,555 posts

Posted by alvinchiam > 2016-10-22 11:44 | Report Abuse

can buy

ding dong

1,870 posts

Posted by ding dong > 2016-10-22 13:39 | Report Abuse

This article first appeared in The Edge Financial Daily, on October 21, 2016.

Bina Puri Holdings Bhd (+ve) Red Flag
SHARES in Bina Puri Holdings Bhd (fundamental: 0.15/3; valuation: 1.1/3) triggered our momentum algorithm yesterday for the third consecutive day.
It was also the fifth time it had been picked since October began. However, it was highlighted as a “red flag” stock by our proprietary algorithm, suggesting that investors should exercise extra caution while trading in its shares.
The counter closed 0.5 sen or 1% higher at 49.5 sen yesterday, with 7.73 million shares traded. In comparison, its 200-day average volume is around 602,667 shares.
Bina Puri announced earlier this month that it would be forming a 50:50 consortium with China’s CCCC Dredging (Group) Co Ltd to jointly develop a waterfront resort city in Kuantan, with an estimated gross development value of RM15 billion, over 10 years.
The stock currently trades at a trailing 12-month price-earnings ratio of 48.12 times and at 0.53 times its book value.

calvintaneng

56,709 posts

Posted by calvintaneng > 2016-10-22 13:42 |

Post removed.Why?

ding dong

1,870 posts

Posted by ding dong > 2016-10-22 13:48 | Report Abuse

....this kuantan water front may be need reality check wth respect to local economic contact....can local suport i.e be the end buyer to this rm10bil for next 10 years or it just wishful project plan to goreng the share for current coming bullish cycle....

ding dong

1,870 posts

Posted by ding dong > 2016-10-22 14:00 | Report Abuse

Calvin i just following your q..:) n just coinsident...i know u have many more counters....but i am just small timer buy few n go long sleep...to next bull cycle to cash out...last time was gadang only...cashed out already...now just side line looking for next good potential counter the have realistic projects and biz to ride on the tsunami wave

Gowingo

154 posts

Posted by Gowingo > 2016-10-22 17:10 | Report Abuse

PE 47 ++


So scary


Risky stock


Run before collapse


Gambling stock


Sell


sell


sell


sell


sell


Run


run


run


run


run

andy87

28 posts

Posted by andy87 > 2016-10-22 17:30 | Report Abuse

Calvin used to say don't counts chickens before they hatched. Now he is doing the same thing in bpuri. really flip flop kings, no integrity. Becareful with this penny stock with huge PE and very poor earning margin.

ding dong

1,870 posts

Posted by ding dong > 2016-10-22 18:14 | Report Abuse

...well we all just sharing idea and opinion and up to anybody to make up the own judgement and conclusion.....depend on individual trading style...my way is looking just around 3 counters the most wth likely very good fundimental/realistic posible project and bizz plan buy n keep go to sleep for 1 to 2 years to let the projects n company grow wth time n cashhout...

Gowingo

154 posts

Posted by Gowingo > 2016-10-22 20:43 | Report Abuse

PE 47 ++


So scary


Risky stock


Run before collapse


Gambling stock


Sell


sell


sell


sell


sell


Run


run


run


run


run

Posted by buddyinvest > 2016-10-22 20:49 | Report Abuse

Bpuri unable to get back retention money 10% for 2000 houses it built in Brunei. Not without reasons of course. I want Calvin to phone bpuri to find out himself.

Gowingo

154 posts

Posted by Gowingo > 2016-10-22 21:21 | Report Abuse

PE 47 ++


So scary


Risky stock


Run before collapse


Gambling stock


Sell


sell


sell


sell


sell

jenabchen123

1,219 posts

Posted by jenabchen123 > 2016-10-23 01:04 | Report Abuse

Get ready to be toast.....

ding dong

1,870 posts

Posted by ding dong > 2016-10-23 10:34 | Report Abuse

....e.g.this bizz plan look more realistic to me wth respect to bizz target and end buyer vs kuantan waterfrontcity
http://www.thestar.com.my/business/business-news/2016/10/22/hsr-stop-for-genting-pura-kencana/

ding dong

1,870 posts

Posted by ding dong > 2016-10-23 11:08 | Report Abuse

but HSR is not in 2017 budget

VenFx

14,784 posts

Posted by VenFx > 2016-10-23 20:06 | Report Abuse

Fellow investors, time to exit after the Budget 2017 .
Moderator pump u sell before them ... run before 0.475 crashed .

Even Sarawak have to use its own fund to finance Pan Borneo instead of Najib' empty promises, where is the money ?

Koon Bee

255 posts

Posted by Koon Bee > 2016-10-23 20:15 | Report Abuse

Run now

calvintaneng

56,709 posts

Posted by calvintaneng > 2016-10-23 20:43 | Report Abuse

ANNOUNCING THE BENEFIT OF 2017 BUDGET FOR BPURI DIRECTLY:

Announcement
Subject OTHERS
Description THE CONSTRUCTION OF 994 UNITS OF PR1MA HOMES COMPRISING OF APARTMENTS AND 20 UNITS OF SHOPS SITUATED ON 18.23 ACRES OF FREEHOLD LAND HELD UNDER GRN 293554; LOT NO. 96790, MUKIM PLENTONG, JOHOR BAHRU, JOHOR
The Board is pleased to announce that Bina Puri Holdings Bhd. (“BPHB”) had received the Letter of Intent from PR1MA Corporation Malaysia (PR1MA) for the construction of 994 units of PR1MA Homes comprising of apartments and 20 units of shops to be undertaken by BPHB on 18.23 acres of freehold land held under Grn 293554; Lot no. 96790, Mukim Plentong, Johor Bahru at a price to be mutually agreed between PR1MA and BPHB. The estimated contract sum is RM230 million.

The said project is expected to contribute positively to the net assets and earnings of Bina Puri Group for the financial year ending 31 December 2016.

Please note that no directors, major shareholders and/or persons connected with them have any interests, direct or indirect, in the above matter.

SEE

GOVT has proposed to allow Prima Housing to be financed up to 100% if prices are not more than Rm300K per unit.

Per Unit cost for BPuri's project?

Rm230 mil divides by 994 = Rm231,000 per unit.

This will sell like hot cakes for 2 reasons

1) It will be affordable as it is only Rm231K a unit
2) Easy to get loan up to 100%
3) Good rental yield of Rm1,000 per month expected. At least 5% yield better than Bank FD.

AND INDIRECTLY WILL BE THE BUILDING OF RM55 Billions East Coast Rail Link, Hospitals, Schools & other Infrar works. Wait for more news awards.

BPURI = BULLISHLY PROMISING (FUTURE)

calvintaneng

56,709 posts

Posted by calvintaneng > 2016-10-23 22:18 | Report Abuse

MORE GOOD NEWS FOR BPURI

MCA PRESIDENT LIOW WHO GRACED THE KUANTAN WATERFRONT PROJECT OF BPURI HAS STATED THAT THE FIRST PHASE OF THE RM55 BILLIONS EAST COAST RAIL WILL BE FROM KL TO KUANTAN. THIS WILL ENHANCE THE VALUE OF KUANTAN WATERFRONT DEVELOPMENTS.

WILL BPURI ALSO GET THE RAIL JOB?

IT REMAINS TO BE SEEN

Posted by Benjamin_8888 > 2016-10-23 22:21 | Report Abuse

Kuku bird

AyamDua

134 posts

Posted by AyamDua > 2016-10-23 22:50 | Report Abuse

Ayamtua will goreng up GLOTEC later. GLOTEC Pasti tuju langit

emigo

8 posts

Posted by emigo > 2016-10-23 23:04 | Report Abuse

goreng ayamtua gorengdua

ding dong

1,870 posts

Posted by ding dong > 2016-10-24 07:10 | Report Abuse

Calvin TQ for sharing....
may be this is part of the whole 600km story....
http://www.thestar.com.my/business/business-news/2016/01/13/new-rail-link-in-the-offing/

ding dong

1,870 posts

Posted by ding dong > 2016-10-24 07:20 | Report Abuse

..but still difficult to realize how rm10bil project eventually be bought by local kuantan people...

probably kuantan has about 1 million population so in average within 10 years each of then has to spend rm10k to by the project i.e rm1000 per annum....mmm look like bukit beruntung/lembah bringin to me...

alvinchiam

1,555 posts

Posted by alvinchiam > 2016-10-24 08:10 | Report Abuse

buy

asriruslan

2,081 posts

Posted by asriruslan > 2016-10-24 10:27 | Report Abuse

not yet wait patience

asriruslan

2,081 posts

Posted by asriruslan > 2016-10-24 10:28 | Report Abuse

still overbought

davidkkw79

5,068 posts

Posted by davidkkw79 > 2016-10-24 10:47 | Report Abuse

another game over stock recommend by master holland

VenFx

14,784 posts

Posted by VenFx > 2016-10-24 10:50 | Report Abuse

Moderator pump u sell before them ... run before 0.475 crashed .

ding dong

1,870 posts

Posted by ding dong > 2016-10-24 13:39 | Report Abuse

....but i still believe the game is not finish yet...for what ever reason and news put in the mkt...as what Calvin posted potentially going for at least to around rm1 once bskl bullish cycle going to crazy mode...once they say terkey also can fly...probably in bskl 2nd push toward end of 2017....n currently just starting of 1st phase push up....juusstttt my wild guess...kiki...take it as a grain of salt... :) n good luck guys...

calvintaneng

56,709 posts

Posted by calvintaneng > 2016-10-24 14:02 | Report Abuse

BPURI = BULLISH POWER

Time to buy on weakness.
Keep for 18 months and see it double in value

davidkkw79

5,068 posts

Posted by davidkkw79 > 2016-10-24 17:34 | Report Abuse

Bullshit power

Gowingo

154 posts

Posted by Gowingo > 2016-10-24 18:01 | Report Abuse

PE 47 ++


So scary


Risky stock


Run before collapse


Gambling stock


Sell


sell


sell


sell


sell

calvintaneng

56,709 posts

Posted by calvintaneng > 2016-10-24 18:11 | Report Abuse

Bpuri has withstood the onslaught of naysayers and doubters to stand solidly at 48.5 cts. Scripts delivery are most taken up by strong hands - the value investors!

BPuri = Building Permenantly!

A Rock Solid stable stock with Built In Defense!!

STRONG MEN RETAIN RICHES!

Hold tight! Hold and Watch it Cross 80 cts first. Then to Rm1.00 & Rm1.50

YAHOOOOOOOOOOO!!!!

goldenluck16

1,956 posts

Posted by goldenluck16 > 2016-10-24 18:48 | Report Abuse

Bullish trend still intact. Buy

moneykj

6,148 posts

Posted by moneykj > 2016-10-24 18:51 | Report Abuse

Sendai 10 times better than this binapui. Both also below 0.50.

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