Bina Puri Holdings Bhd is considering making a cash call from investors via a rights issue to reduce its gearing to as low as 1.5 times, said its group executive director Datuk Matthew Tee. June news, The Edge. Get your extra $ ready to subscribe.
No doubt it's undervalued. Just that the management is poor in utilising their resources. Thus a very low construction margin. If it go up, most likely due to goreng.
Almost all indicators are bad. I thought Indo power plant is big, IPO only raisef about MYR15 million, may not even enough to feed high level. Price looks attractive. TP 33.
Profit dropped. TP 30. Right issues is getting difficult amid dropping in profit etc. Speculative play but definitely is a no go for long term as most long term criteria failed.
No good indicators for long term. At best for short term speculation as more investors began to appear in this forum. NTA argument is not valid for long term as there are others with high NTA too but equally cheap.
Insiders exercised Esos at 50 sen. Millions of shares.
I think anything below 40 sen just add every month regularly as a form of long term investment. Don't buy all at one go. Buy some why cheap & prepare to average down on weakness.
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ivan9511
3,854 posts
Posted by ivan9511 > 2017-08-15 15:56 | Report Abuse
calvin can tell why you look Good at bpuri.
benalec and sendai also construction but you only like bpuri
can tell why