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

Cooolll

62 posts

Posted by Cooolll > 2017-10-16 12:25 | Report Abuse

Pls study what kind of gems Bpuri held. Buy before too late

Sales

3,272 posts

Posted by Sales > 2017-10-16 14:29 | Report Abuse

With this price, go and buy Vivocom

Sales

3,272 posts

Posted by Sales > 2017-10-16 14:29 | Report Abuse

Trade at your own risk

Sales

3,272 posts

Posted by Sales > 2017-10-16 14:30 | Report Abuse

Kept from 0.73 untill now see no difference. Buy!!!!!

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2017-10-16 17:14 | Report Abuse

Is time for Bina to ask $ from shareholders to fund its business. Good luck.

asriruslan

2,081 posts

Posted by asriruslan > 2017-10-17 09:02 | Report Abuse

come on go bpuri go

asriruslan

2,081 posts

Posted by asriruslan > 2017-10-17 09:02 | Report Abuse

next target 0.40

grateful

49 posts

Posted by grateful > 2017-10-26 10:01 | Report Abuse

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING BINA PURI HOLDINGS BHD ("BINA PURI" OR "COMPANY") PRIVATE PLACEMENT

BINA PURI HOLDINGS BHD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description BINA PURI HOLDINGS BHD ("BINA PURI" OR "COMPANY")

PRIVATE PLACEMENT
We refer to the announcements made on 7 October 2016, 11 October 2016, 27 October 2016, 13 January 2017, 20 January 2017, 16 March 2017, 23 March 2017, 28 March 2017, 5 April 2017, 10 April 2017, 12 April 2017, 20 April 2017, 26 May 2017 and 31 May 2017 in relation to the Private Placement (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

On behalf of Bina Puri, TA Securities wishes to announce that the Private Placement is deemed completed on 25 October 2017 pursuant to Bursa Securities’ approval letter dated 19 April 2017 for the implementation of the Private Placement until 25 October 2017.

A total of 24,287,000 Placement Shares were placed out pursuant to the Private Placement:

Tranche No. of Placement Shares Issue price per Placement Share (RM) Listing date
1st 6,400,000 0.500 23 January 2017
2nd 5,000,000 0.415 24 March 2017
3rd 3,500,000 0.405 6 April 2017
4th 3,700,000 0.400 13 April 2017
5th 5,687,000 0.390 1 June 2017
Total 24,287,000
This announcement is dated 25 October 2017.

grateful

49 posts

Posted by grateful > 2017-10-26 10:08 | Report Abuse

A private placement is the sale of securities to a relatively small number of select investors as a way of raising capital. Investors involved in private placements are usually large banks, mutual funds, insurance companies and pension funds.

asriruslan

2,081 posts

Posted by asriruslan > 2017-10-26 11:06 | Report Abuse

go bpuri go

Cooolll

62 posts

Posted by Cooolll > 2017-10-26 11:34 | Report Abuse

Budget 2018 is around the corner..

Cooolll

62 posts

Posted by Cooolll > 2017-10-26 11:54 | Report Abuse

Bpuri traded at 10~25% discounts of private placement issue price, looks attractive now

Cooolll

62 posts

Posted by Cooolll > 2017-10-26 14:20 | Report Abuse

More projects waiting to dish out in budget 2018, Bpuri would be one of the winner based on tract record.

Cooolll

62 posts

Posted by Cooolll > 2017-10-26 15:11 | Report Abuse

No need rush in, can wait at 37 or 37.5, I think sure got ppls throw

asriruslan

2,081 posts

Posted by asriruslan > 2017-10-26 16:21 | Report Abuse

soon will test 0.40

calvintaneng

56,706 posts

Posted by calvintaneng > 2017-10-26 16:30 | Report Abuse

BINA PURI IS TOTALLY UNDERVALUE LIKE JAKS WAS 40 SEN

BUY & HOLD TIGHT

BPURI SHOULD GO OVER RM1.00

GO GO BPURI!!!

Cooolll

62 posts

Posted by Cooolll > 2017-10-26 23:35 | Report Abuse

Merely LATAR highway concession asset, an associate company of Bpuri already worth more than RM1.00 per share. Pls do epitomise the hefty valuation given by the pension fund to take over DUKE highway from Ekovest.

asriruslan

2,081 posts

Posted by asriruslan > 2017-10-27 09:37 | Report Abuse

come on bpuri break 0.40

Cooolll

62 posts

Posted by Cooolll > 2017-10-27 09:50 | Report Abuse

Sure can break..

Cooolll

62 posts

Posted by Cooolll > 2017-10-27 09:50 | Report Abuse

Slowly accumulate at 38.5cts

latif11

225 posts

Posted by latif11 > 2017-10-27 16:30 | Report Abuse

?

Cooolll

62 posts

Posted by Cooolll > 2017-10-27 18:51 | Report Abuse

Haha, seems like someone can't get his/her shares queued at 38cts for the entire day, then cancelled the whole blocks conspire to panic the market and press down the closing price...

Nothing to be anxious about Bpuri, its sturdy fundamental yet still trade at immense discounted price. If you do your homework and go through the company annual report, you will be able to dig out the hidden gems swathed in Bpuri as below:

1. Main Place Mall USJ21
2. KL-Kuala Selangor highway concession(LATAR Highway)
3. RM1.5bil unbilled construction order books.
4. RM3bil property developments unbilled sales.
5. PT Megapower Makmur (MPOW) ) listed at Indonesia Stock Exchange on 4th June 2017.
(Source: AR2016)


Based on back of the envelope calculation, Bpuri worth at least RM1.00~RM1.20/share, yet its now trading at huge discount or 0.4x of its book value.

More to come in Budget 2018 as the government exhauting to enhance Malaysia's infrastructure and build more affordable home for the rakyat. To name a few, MRT 3 planned early completion on 2025 instead of 2027 ; intend to build a bridge from Labuan to Sabah mainland and etc.....this is the most comprehensive Budget in the past decades not only for the rakyat but also for the micro/ macro economic realm.

All your questions will be answered and elaborated by experts tomorrow, please watch up on the medias reports or get a copy of Theedge to clear the cloud.

Posted by Vincent1966 > 2017-10-27 19:35 | Report Abuse

Cooll, thanks for yr info. I bought this counter last month, below was techincal from UOBKAYHIAN 18 Septemper, currently still within the expected timeframe of two months. This counter strike the breakout price twice within the technical period seems like trying boom soon.

Just for sharing, hope to listen sifu-sifu advice.

Traders' Corner - Bina Puri Holdings (BIN MK)
Author: UOBKayHian | Publish date: Mon, 18 Sep 2017, 10:36 AM


Technical BUY on breakout with +29.5% potential return
Last price: RM0.37
Target price: RM0.48, RM0.505
Support: RM0.34
Stop-loss: RM0.335
BUY on breakout with a target price of RM0.505 and stop-loss at RM0.335. Based on the daily chart, share price has recovered gradually and moved above the 7- and 21-day EMA last Friday. This is supported by an uptick in the RSI and a bullish crossover in the MACD, indicating that positive momentum will strengthen in the near term. We peg our targets at RM0.48 and RM0.505 if the stock penetrates above RM0.39.

Expected Timeframe: 2 weeks to 2 months

Source: UOB Kay Hian Research - 18 Sept 2017

Posted by Vincent1966 > 2017-10-28 13:23 | Report Abuse

Calvintaneng,

I read yr blogs below

https://klse.i3investor.com/m/blog/www.eaglevisioninvest.com/124937.jsp

So wonder to see yr analyse and foresight in respective counter. I've read the budget news this morning, the gov will abolish 3 highway to boost accessibility and benefit the nations. In tandem with this approach, SILK highway also been taken private by EPF few months ago.

Is it any possibility LATAR expressway would be the next target as you mention on the article above, high traffic growth, potential location as one of the focal point of development and PROTON-GEELY factory relocation will benefit LATAR expressway.

Your previous forecast and business acumen on stocks seems very accurate. Is it any good news to be announced for Bpuri as i saw the trading volumes increased gradually and boost above 2mil yesterday. What is your TP for Bpuri?

Pls advise, sifu Calvintaneng.

calvintaneng

56,706 posts

Posted by calvintaneng > 2017-10-28 13:35 | Report Abuse

Posted by Vincent1966 > Oct 28, 2017 01:07 PM | Report Abuse

Calvin, so wonder to see yr analyse and foresight in respective counter. I've read the budget news this morning, the gov will abolish 3 highway to boost accessibility and benefit the nations. In tandem with this approach, SILK highway also been taken private by EPF few months ago.

Is it any possibility LATAR expressway would be the next target as you mention on the article above, high traffic growth, potential location as one of the focal point of development and PROTON-GEELY factory relocation will benefit LATAR expressway.

Your previous forecast and business acumen on stocks seems very accurate. Is it any good news to be announced for Bpuri as i saw the trading volumes increased gradually and boost above 2mil yesterday. What is your TP for Bpuri?

Sifu pls advise.

Calvin is still reading up on the latest Budget 2018

I have read it 3 times already since last night.

See these words under Point 50 in Budget Speech:

50. This includes a sum of RM1 billion allocated for the Five Main Corridors. The Government will develop the South Perak Region comprising Proton City, Educity and Youth City in Tanjung Malim as well as Bukit Kayu Hitam Duty-Free Zone; construction of port and industrial park in Tok Bali, Kelantan; and access road to Baleh Dam, Sarawak.


The salient points are:

1) RM1 Billions alotted for 5 MAIN CORRIDORS

2) Out of these are a) PROTON CITY & b) Youth City in Tg Malim

Now since 2 are mentioned will it mean that BN is pumping Rm400 Millions to develop Tanjung Malim?

So LATAR Highway will definitely see more traffic in the near future.

What will be the Target Price for Bina Puri?

See Directors bought Bpuri ESOS at 50 sen a piece

https://klse.i3investor.com/insider/director/5932/19-Jul-2016/119084_3...


If these Insiders bought Bpuri at 50 Sen I think a reasonable price target of BPuri should be at least Rm1.00

Myway

84 posts

Posted by Myway > 2017-10-29 07:00 | Report Abuse

But Bpuri is in very bad cashflow position ! Is it not a concern ??

Cooolll

62 posts

Posted by Cooolll > 2017-10-29 22:46 | Report Abuse

Wow, happy to see another value investor like Calvin sniff the valuable assets roofed under BPURI. I would like to grasp this opportunity to share some fresh info according to Budget 2018, final budget allocation for West Coast Expressway(WCE) budget from Banting, Selangor to Taiping, Perak slated to complete in 2019. It is an alternative expressway to get rid of traffic congestion during the festival seasons in the existing North-South expressway. Hence, LATAR expressway will be benefitted from WCE upon completion, it will link and bridge the immense surrounding population from KL to WCE.

Please study the links below, route maps will show you the potential of LATAR. "Someone sitting in the shade because someone planted a tree a long time ago." Warren Buffett. Don't underestimate the intrinsic value of BPUR, the current share price will become history upon WCE completion or any time soon if targeted by value hunter.

https://www.nst.com.my/news/nation/2017/10/296158/2018-budget-west-coast-expressway-project-benefit-perak-residents


http://www.latar.com.my/image/map1z.png


Additional info:

http://www.klia2.info/trips/highways/latar-kuala-lumpur-kuala-selangor-expressway

Cooolll

62 posts

Posted by Cooolll > 2017-10-29 23:01 | Report Abuse

Myway,

Yes, cash flow must take into account when we decide to invest in company neither bluechip nor smallcap stock.

Bpuri cash flow consider tight but manageable, most of the contract are awarded from government, so the contract receivable is at very low risk.

"When you conbine ignorance and leverage, you get some pretty interesting result." Warren Buffett

Cooolll

62 posts

Posted by Cooolll > 2017-10-29 23:10 | Report Abuse

Above just for sharing, doesn't constitute any recommendation to buy or sell.

Reminder: Share market is for investment not for gamble, so place your capital in the right way to invest for return instead of place a bet in luck to speculate for a punt.

Cooolll

62 posts

Posted by Cooolll > 2017-10-29 23:19 | Report Abuse

"If you want something you've never had, you have to do something you've never done". Highly recommend fellow investor to join this invaluable lesson organised by iCapital.

https://invday.icapital.biz/2017/

nekosan

3,637 posts

Posted by nekosan > 2017-10-29 23:27 | Report Abuse

ya buy more bina puri

Posted by Vincent1966 > 2017-10-30 06:09 | Report Abuse

Good morning sifu-sifu, thanks for the generous sharing above, my confidence boosted to the peak now. Very coincidence, Stock Alliance also recommend this counter for few times within two months, I guess this would fly very soon, it totally looks like MMODE, Stock Alliance keep recommending frequently at 30cts, now the price hit 40cts, make me earned handsome profit from this.
Hope Bpuri remain at this level or lower this morning, I wish to buy a little bit more.

Cooolll

62 posts

Posted by Cooolll > 2017-10-30 09:47 | Report Abuse

Construction theme coming soon...

grateful

49 posts

Posted by grateful > 2017-10-30 15:21 | Report Abuse

MRCB has been rising 0.90+ to 1.10+

Cooolll

62 posts

Posted by Cooolll > 2017-10-31 09:55 | Report Abuse

I think the shark waiting to eat after 38.5 hoarding enough seller

Cooolll

62 posts

Posted by Cooolll > 2017-10-31 09:58 | Report Abuse

Sit and wait Bpuri break 40cts soon...

Cooolll

62 posts

Posted by Cooolll > 2017-10-31 10:35 | Report Abuse

Don't forget Bpuri has successfully listed its power asset, PT Megapower Makmur TBK on Indonesia stock exchange on 5 July 2017. This had raised approximately RM15.9mil from the IPO exercise. Upon listing, Bpuri effective stake in the power unit will be 44.8% after enlarged public shareholder base.

This exercise done in 5 July 2017, which is 3Q17. So the unlocked value of its power unit will be showed at third quarter report next month. This would be the SECOND reason volume boost recently, after the intrinsic value of LATAR. That is why value investor keep accumulating this hidden gem.

Cooolll

62 posts

Posted by Cooolll > 2017-10-31 10:45 | Report Abuse

IPO price was 200rupiah per share, today share price is 304 rupiah, more than 50% growth.

Do your own homework, pls study the potential growth and future prospects of Bpuri power unit.

http://www.megapowermakmur.co.id/

Cooolll

62 posts

Posted by Cooolll > 2017-10-31 10:48 | Report Abuse

Bpuri is not a speculative stock, it had plenty of valuable assets in pending to unlock the mega value.

Cooolll

62 posts

Posted by Cooolll > 2017-10-31 10:50 | Report Abuse

Sorry shark, don't keep on waiting ppls throw to you at cheap price. Haha

calvintaneng

56,706 posts

Posted by calvintaneng > 2017-10-31 13:16 | Report Abuse

THIS WILL BE A COMING STAR PERFORMING STOCK SOON

BETTER GET IN TOO EARLY AND WAIT A WHILE THAN TO GET IN LATER WHEN PRICES ARE EXPENSIVE.

SEE.

CALVIN CALLED FOR A BUY ON JAKS AT 40 SEN WHEN IT WAS COLD AND UNWANTED.

YOU MUST HAVE SOUND MIND WITH COLD EYE TO SEE BEFORE OTHERS SEE.

THIS IS THE TIME TO BUY UP ALL BPURI BELOW 40 SEN

BPURI EXPECTED TO POWER UP LIKE JAKS OVER RM1.00

Runnn

92 posts

Posted by Runnn > 2017-10-31 15:35 | Report Abuse

calvintaneng sold the share, run!!!

Runnn

92 posts

Posted by Runnn > 2017-10-31 15:35 | Report Abuse

Lol

latif11

225 posts

Posted by latif11 > 2017-10-31 15:36 | Report Abuse

Bpuri sound like tomato puree.. I love like like tomato puree.. nyum2 nyum2

Runnn

92 posts

Posted by Runnn > 2017-10-31 15:38 | Report Abuse

He feed his followers, nyummy2

Runnn

92 posts

Posted by Runnn > 2017-10-31 15:39 | Report Abuse

But is good counter fundamental still intact, as long as dun play contra, buy and wait.

Cooolll

62 posts

Posted by Cooolll > 2017-10-31 16:59 | Report Abuse

Repeated the same tactic again to panic the market, then sapu 38cts at matching period...

Cooolll

62 posts

Posted by Cooolll > 2017-10-31 17:02 | Report Abuse

Before 445pm 0.375 130+lots they dun want sapu, why pay extra half to sapu at 38cts? Very obvious, hahaha.
BPURI is a good company, no doubt. Dont miss it.

latif11

225 posts

Posted by latif11 > 2017-10-31 17:04 | Report Abuse

Thank you very much

Cooolll

62 posts

Posted by Cooolll > 2017-10-31 17:53 | Report Abuse

Hehe, me too.

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