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

0.285 - 0.29

Trading Volume

279,000


11 people like this.

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

Posted by 129055444514385 > 2019-05-29 09:56 | Report Abuse

Bpuri should establish an investor relations dept, dont know to promote your company to investors... maybe, partly due to stopped paying dividend although with RM100mil+ retained earnings ready for dividend. holding many assets but dont know to unlock its value to maximise shareholders' value...

Posted by 129055444514385 > 2019-05-29 10:01 | Report Abuse

so shameful, this pair, MD and son team... driving down the share price or destroying shareholders' value of bpuri yearly.... so much value has been destroyed.... they should be removed from bpuri... really useless...

Posted by 129055444514385 > 2019-05-29 10:14 | Report Abuse

The son only holds about 6% of bpuri shares :)

5932 BPURI BINA PURI HOLDINGS BHD
Changes in Director's Interest (Section 219 of CA 2016)

Particulars of Director 37

Name : MATTHEW TEE KAI WOON
NRIC/Passport No./Company No. : -
Nationality/Country of Incorporation : Malaysia

Address:
-

Descriptions (Class and Nominal Value):
Ordinary Shares


Name and Address of Registered Holder:



Details of Changes

Date of Notice : 29/03/2019

Transactions:
No. Date Transaction Type No of Shares Price (RM)
1. 27/03/2019 Acquired 10,000 -


Circumstances by reason of which change has occurred:
Open Market Purchase

Nature of Interest:
Direct Interest

Consideration:
You are advised to read the entire contents of the announcement or attachment.


No of Shares Held After Changes:
Direct : 4,568,925 shares (1.1960%)
Indirect/Deemed Interest : 19,139,778 shares (5.0100%)
Total : 23,708,703 shares

Remarks:
Datuk Matthew Tee Kai Woon is deemed interested in the followingshares:-3,397,000 ordinary shares held by his father Tan Sri Datuk Tee HockSeng;15,342,778 ordinary shares held by RHB Nominees (Tempatan) Sdn. Bhd. BOCPledged Securities Account for Tan Sri Datuk Tee Hock Seng;400,000 ordinaryshares held by Tee Hock Seng Holdings Sdn. Bhd., a company where his father isa director and shareholder.You are advised to read the entire contents of the announcement or attachment.To read the entire contents of the announcement or attachment, please accessthe Bursa website at http://www.bursamalaysia.com


Submitted By:



01/04/2019 07:00 AM


Ref Code: 201904013700082

Posted by 129055444514385 > 2019-05-29 10:16 | Report Abuse

The MD is also holding about 6% of bpuri shares only.

5932 BPURI BINA PURI HOLDINGS BHD
Changes in Sub. S-hldr's Int (Section 138 of CA 2016)

Particulars of Shareholder 36

Name : TEE HOCK SENG, JP
NRIC/Passport No./Company No. : -
Nationality/Country of Incorporation : Malaysia

Address:
-

Descriptions (Class and Nominal Value):
Ordinary shares


Name and Address of Registered Holder:
You are advised to read the entire contents of the announcement orattachment.To read the entire contents of the announcement or attachment,pleaseaccess the Bursa website at http://www.bursamalaysia.com


Details of Changes

Date of Notice : 17/01/2019

Transactions:
No. Date Transaction Type No of Shares Price (RM)
1. 17/01/2019 Acquired 250,000 -


Circumstances by reason of which change has occurred:
Purchase from open market

Nature of Interest:
Direct Interest

Consideration:



No of Shares Held After Changes:
Direct : 18,739,778 shares (4.9050%)
Indirect/Deemed Interest : 4,948,925 shares (1.2950%)
Total : 23,688,703 shares

Remarks:
Indirect interest - 400,000 shares held by Tee Hock Seng Holdings Sdn. Bhd.and 4,548,925 shares held by YBhg. Tan Sri Tee's son, Datuk Matthew Tee KaiWoon.You are advised to read the entire contents of the announcement or attachment.To read the entire contents of the announcement or attachment, please accessthe Bursa website at http://www.bursamalaysia.com


Submitted By:



23/01/2019 07:00 AM


Ref Code: 201901233600165

Posted by 129055444514385 > 2019-05-29 10:17 | Report Abuse

With their tiny shareholdings in bpuri, i believe both the MD and son can be removed from bpuri board due to incapability to manage bpuri for maximising shareholders' value.

Posted by 129055444514385 > 2019-05-29 10:20 | Report Abuse

This change of accounting period could show higher earnings for bpuri... next audited accounts for 18 months till 30 June 2019. wanted to incorporate the compensation from pakistan, is it? hahaha


5932 BPURI BINA PURI HOLDINGS BHD
Current Stock Name : BPURI

Current Financial Year End : 31/12/2019New Financial Year End : 30/06/2019Remark : The Board of Directors of the Company had approved the change offinancial year end of the Company from 31 December to 30 June. The next auditedfinancial statements of the Company shall be for a period of 18 months, from 1January 2018 to 30 June 2019. Thereafter, the financial year end of the Companyshall end on 30 June for each subsequent year.The rational for change infinancial year end is due to avoid the peak congestion financial reportingperiod in December.You are advised to read the entire contents of the announcement or attachment.To read the entire contents of the announcement or attachment, please accessthe Bursa website at http://www.bursamalaysia.com


10/04/2019 07:00 AM


Ref Code: 201904103000061

Posted by 129055444514385 > 2019-05-29 10:21 | Report Abuse

buy as much as you like hahaha

5932 BPURI BINA PURI HOLDINGS BHD
DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)Datuk Matthew Tee Kai Woon, the Executive Director of the Company, has notifiedof his dealing in securities of the Company outside closed period.You are advised to read the entire contents of the announcement or attachment.To read the entire contents of the announcement or attachment, please accessthe Bursa website at http://www.bursamalaysia.com


01/04/2019 07:00 AM


Ref Code: 201904013000111

Posted by 129055444514385 > 2019-05-29 10:42 | Report Abuse

This article seems interesting. https://klse.i3investor.com/blogs/kokokai/190190.jsp

TEE's FAMILY LOSING GRIP
Author: kokokai1993 | Publish date: Tue, 15 Jan 2019, 12:33 PM

BPURI - TEE's FAMILY LOSING GRIP

With the recent headwinds of Bina Puri unable to carry forward its special resolution due to failure of obtaining the 75% voting for the special resolution, we can suspect there is something fishy going on in the board.

Firstly, Bina Puri announced the proposal on 28 August 2018 which contains “Proposed Acquisition” and “Proposed Amendments”.

The proposal mainly sums up to tell us that Bina Puri is in consideration of purchasing 54.50% equity interest of Ideal Heights Properties Sdn Bhd (IHP) by issuing ordinary shares and new redeemable preference shares at an issue price of RM0.2498.

To let you readers to understand better on this proposal, I have done some summaries on the acquisition proposal.



1) In order to purchase 54.50% of IHP, Bina Puri has to acquire 2,477,108 ordinary shares of IHP

Ordinary Resolution - Proposed Acquisition – Required majority vote of 50% (passed)

Total Cost - RM 42,682,343



2) How to get their funding?

Special resolution - Proposed Amendments – Required majority votes of 75% (failed)

I) Issuance of new Bina Puri shares @ 95,112,573 shares which could help Bina Puri to gather a sum of RM23,759,121

AND

II) Consideration RPS at an issue price of RM0.2498 – a sum of RM10,110,565 (in details please refer to Bursa)

III) Retention RPS at an issue price of RM0.2498 – a sum of RM8,812,657 (in details please refer to Bursa)

TOTAL – RM 42,682,343

Take note that without both proposals approved, this acquisition would not be succeeded.



3) What’s the outcome of EGM?

The outcome of the meeting was unexpected, as the special resolution was failed to go through.

Below is the results of the EGM:



Well, this is something worth looking into it.

Let us go through the board ownership in the Company first….



If you calculate the directors and controlling shareholders ownership, based on the picture above, it will total up to 15.7%. Obviously, this indicates us that the Management do not have sufficient ownership to pass the resolutions themselves and they need other shareholders’ support.

Looking at a bigger picture, we believe that the controlling shareholders would have considered the success rate. Retail investors would have mostly thought that the acquisition will go through as they assume discussion had held within the board with the votes they had in hand for a win.

Unfortunately, the outcome was out of expectation. As the result, the special resolution for the company to obtain funding to activate the acquisition was not approved.

So what happened?

There were a few possibilities.

Retail shareholders did not agree to this acquisition:
This possibility is quite unrealistic as normal shareholders are hoping for wealth maximization. Moreover, we can see that this acquisition is a growth driver for Bina Puri– which is a good thing isn’t it?

Besides that, looking into the votes casted in the EGM, it didn’t seem like retail investors were rejecting the resolution. Retail investors normally do not attend general meeting, and now they are against both resolutions. Another point to take note, the 37million shares against the resolutions is close to 10% of total outstanding shares.

There is civil war happening right now in the board:
Why do I say so?

Well, looking at the votes involved in the EGM, there were about 85million of shares (22% of the total outstanding shares) being casted in the EGM.

Wow, the Management owns 15.7% shares and 10% of the total outstanding shares were against the resolutions. What does this mean?

We believe that there is a board tussle in Bina Puri right now! It looks like another party with substantial shareholding is emerging.



Tracing back to one to two months earlier, there were private placements which actually caught our attention. In this case, we see the placements could actually be related to the failed resolution.

There were total 3 tranches of private placements:

1st Tranche



2nd Tranche



3rd Tranche



For your information, the EGM meeting were carried out on 24th December 2018.

So, you can see that almost 16% of the new shares were issued prior to the EGM.

Doesn’t get the linkage yet?

Let’s see:

Controlling shareholders wanted to increase their shareholdings in the Company to ensure a successful EGM
In order to do so, they had private placements prior to the EGM
However, outcome wasn’t expected
There is a possibility that the Board and Management team were misled and some parties in the board were planning to go against the resolutions
The parties with hidden agenda are going head to head with the controlling shareholders now!

Posted by 129055444514385 > 2019-05-29 11:03 | Report Abuse

Dividend should be restarted this year.... retained earning RM100mil+.... can pay share dividend also :)


25-May-2015 08-Jul-2015 DIVIDEND Final Dividend RM 0.0200 Dividend Detail
04-Jun-2014 08-Jul-2014 DIVIDEND Final Dividend 1.5% Dividend Detail
05-Jun-2013 17-Jul-2013 DIVIDEND Final Dividend 2% Dividend Detail
21-May-2012 26-Jun-2012 DIVIDEND Final Dividend 2% Dividend Detail
09-May-2011 08-Jun-2011 DIVIDEND Final Dividend 2% Dividend Detail
18-Nov-2010 20-Dec-2010 DIVIDEND Interim Dividend 2% Dividend Detail
12-Apr-2010 01-Jun-2010 DIVIDEND Final Dividend 2% Dividend Detail
24-Nov-2009 11-Dec-2009 DIVIDEND Interim Dividend 2% Dividend Detail
05-May-2009 17-Jun-2009 DIVIDEND Final Dividend 2% Dividend Detail
25-Nov-2008 10-Dec-2008 DIVIDEND Interim Dividend 2% Dividend Detail
05-May-2008 30-Jul-2008 DIVIDEND Final Dividend 4% Dividend Detail
27-Nov-2007 10-Dec-2007 DIVIDEND Interim Dividend 2% Dividend Detail
11-May-2007 06-Jun-2007 DIVIDEND Final Dividend 3% Dividend Detail
28-Aug-2006 14-Sep-2006 DIVIDEND Interim Dividend 2% Dividend Detail
30-May-2006 26-Jun-2006 DIVIDEND Final Dividend 2% Dividend Detail
29-Aug-2005 13-Sep-2005 DIVIDEND Interim Dividend 3% Dividend Detail
05-Aug-2003 21-Aug-2003 RIGHTS_ISSUE Rights Issue 1 : 1 Dividend Detail
12-Jun-2003 27-Jun-2003 DIVIDEND Interim Dividend 3% Dividend Detail

Good123

26,681 posts

Posted by Good123 > 2019-05-29 11:22 | Report Abuse

good KUALA LUMPUR: Bina Puri Holdings Bhd’s subsidiary has won an arbitration case against the Pakistan National Highway Authority (NHA) over the termination of a concession agreement dated jan 16, 2012 

Bin Puri said Bina Puri Pakistan Private Ltd had won the case involving the construction of a 136km motorway under the build-operate-transfer for a contract value of 24.93bil Pakistan rupees (RM864mil).

The contract was for the expansion of the existing four-lane Karachi-Hyderabad superhighway into a six-lane motorway (M-9).

To recap, on April 23, 2013, the High Court of Sindh referred the dispute to two arbitrators.

The matter was subsequently referred to the umpire on Sept 27, 2018 upon difference of opinion between the arbitrators.
 
In the latest development, on March 27, 2019, the umpire held in its decision to allow  Bina Puri Pakistan’s claims against NHA with a declaration that the termination notice issued by NHA was an unlawful repudiation and breach of the concession agreement.

“With the decision by the umpire,  Bina Puri Pakistan will be entitled to the actual pre-development cost and actual development cost to be determined by joint auditor.

 “Bina Puri Pakistan shall apply to enforce the arbitration award and will make the necessary announcement in due course,” Bina Puri said.



   

The contract was for the expansion of the existing four-lane Karachi-Hyderabad superhighway into a six-lane motorway (M-9).

To recap, on April 23, 2013, the High Court of Sindh referred the dispute to two arbitrators.

The matter was subsequently referred to the umpire on Sept 27, 2018 upon difference of opinion between the arbitrators.
 
In the latest development, on March 27, 2019, the umpire held in its decision to allow  Bina Puri Pakistan’s claims against NHA with a declaration that the termination notice issued by NHA was an unlawful repudiation and breach of the concession agreement.

“With the decision by the umpire,  Bina Puri Pakistan will be entitled to the actual pre-development cost and actual development cost to be determined by joint auditor.

 “Bina Puri Pakistan shall apply to enforce the arbitration award and will make the necessary announcement in due course,” Bina Puri said.

Good123

26,681 posts

Posted by Good123 > 2019-05-29 12:10 | Report Abuse

another dark horse in the construction sector this year. laggard in the construction sector so far

Good123

26,681 posts

Posted by Good123 > 2019-05-29 12:12 | Report Abuse

it seems no major shareholders that have the ultimate say or control of bpuri... a big fight among major shareholders will spark another share buying spree , chasing the share price up sharply. fingers crossed

Good123

26,681 posts

Posted by Good123 > 2019-05-29 12:15 | Report Abuse

all construction stocks have recovered substantially except this laggard... be patient :)

Posted by 129055444514385 > 2019-05-29 14:58 | Report Abuse

even some loss making construction stocks have recovered a lot... bpuri is a laggard at the bottom :)

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ADVCON (5281)MAIN

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AZRB (7078)MAIN

AHMAD ZAKI RESOURCES BERHAD

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245.14m 0.41 16.73 2.44 3.17
BENALEC (5190)MAIN

BENALEC HOLDINGS BERHAD

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150.82m 0.18 - 2.29 -1.14
BPURI (5932)MAIN

BINA PURI HOLDINGS BHD

Construction
66.86m 0.18 125.00 0.00 0.21
BREM (8761)MAIN

BREM HOLDING BERHAD

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252.19m 0.73 37.82 4.11 1.21
CRESBLD (8591)MAIN

CREST BUILDER HOLDINGS BERHAD

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187.54m 1.06 2.66 4.25 13.86
DKLS (7528)MAIN

DKLS INDUSTRIES BHD

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162.22m 1.75 29.31 1.71 1.40
ECONBHD (5253)MAIN

ECONPILE HOLDINGS BERHAD

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869.38m 0.65 39.88 3.85 5.82
EKOVEST (8877)MAIN

EKOVEST BERHAD

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1.865b 0.78 17.33 1.28 4.59
FAJAR (7047)MAIN

FAJARBARU BUILDER GROUP BHD

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155.14m 0.42 71.55 3.61 0.77
GADANG (9261)MAIN

GADANG HOLDINGS BHD

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542.61m 0.82 7.74 3.66 9.55
GAMUDA (5398)MAIN

GAMUDA BERHAD

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8.172b 3.31 18.37 3.63 5.68
GBGAQRS (5226)MAIN

GABUNGAN AQRS BERHAD

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633.08m 1.28 10.85 3.91 11.92
GDB (0198)ACE

GDB HOLDINGS BERHAD

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175.00m 0.28 6.28 7.14 26.24
GKENT (3204)MAIN

GEORGE KENT (MALAYSIA) BERHAD

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619.60m 1.10 7.29 6.36 16.76
HOHUP (5169)MAIN

HO HUP CONSTRUCTION COMPANY BHD

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256.80m 0.69 9.37 0.00 7.54
HSL (6238)MAIN

HOCK SENG LEE BERHAD

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IJM (3336)MAIN

IJM CORPORATION BERHAD

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7.126b 1.96 37.62 3.06 2.03
IKHMAS (5268)MAIN

IKHMAS JAYA GROUP BERHAD

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95.44m 0.18 - 0.00 -14.97
INTA (0192)ACE

INTA BINA GROUP BERHAD

Construction
152.55m 0.29 6.60 2.63 18.23
IREKA (8834)MAIN

IREKA CORPORATION BERHAD

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106.42m 0.57 - 3.51 -8.04
JAKS (4723)MAIN

JAKS RESOURCES BERHAD

Construction
482.34m 0.75 18.61 0.00 2.72
KERJAYA (7161)MAIN

KERJAYA PROSPEK GROUP BERHAD

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1.503b 1.21 10.86 2.89 14.10
KIMLUN (5171)MAIN

KIMLUN CORPORATION BERHAD

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444.73m 1.34 7.27 4.10 9.20
LEBTECH (9628)MAIN

LEBTECH BERHAD

Construction
116.01m 0.85 - 0.00 -0.55
MELATI (5129)MAIN

MELATI EHSAN HOLDINGS BERHAD

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54.60m 0.46 23.95 2.20 1.07
MERCURY (8192)MAIN

MERCURY INDUSTRIES BERHAD

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32.15m 0.80 10.64 5.00 4.00
MERGE (5006)MAIN

MERGE ENERGY BHD

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73.70m 1.10 - 0.00 -11.00
MGB (7595)MAIN

MGB BERHAD

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360.44m 0.73 14.65 0.00 5.50
MITRA (9571)MAIN

MITRAJAYA HOLDINGS BERHAD

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309.17m 0.35 14.68 4.35 2.47
MTDACPI (5924)MAIN

MTD ACPI ENGINEERING BERHAD

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31.27m 0.14 - 0.00 -4.86
MUDAJYA (5085)MAIN

MUDAJAYA GROUP BERHAD

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169.52m 0.28 - 0.00 -145.44
MUHIBAH (5703)MAIN

MUHIBBAH ENGINEERING (M) BHD

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1.403b 2.90 9.69 2.59 12.85
NADIBHD (0206)ACE

GAGASAN NADI CERGAS BERHAD

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195.78m 0.26 - 0.00 -
OCR (7071)MAIN

OCR GROUP BERHAD

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104.78m 0.33 - 0.00 -
PEB (5622)MAIN

PIMPINAN EHSAN BERHAD

Construction
61.52m 0.89 0.45 0.00 189.72
PESONA (8311)MAIN

PESONA METRO HOLDINGS BERHAD

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163.31m 0.24 19.26 4.26 4.66
PRTASCO (5070)MAIN

PROTASCO BERHAD

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PRINSIPTEK CORPORATION BERHAD

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45.32m 0.13 - 0.00 -
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PINTARAS JAYA BHD

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PUNCAK (6807)MAIN

PUNCAK NIAGA HOLDINGS BERHAD

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157.25m 0.35 - 1.43 -12.38
SCBUILD (0109)ACE

SC ESTATE BUILDER BERHAD

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22.08m 0.03 15.62 0.00 4.10
SENDAI (5205)MAIN

EVERSENDAI CORPORATION BERHAD

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339.78m 0.44 4.85 0.00 7.35
SUNCON (5263)MAIN

SUNWAY CONSTRUCTION GROUP BERHAD

Construction
2.521b 1.95 18.02 3.59 22.54
SYCAL (9717)MAIN

SYCAL VENTURES BERHAD

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99.92m 0.24 36.36 0.00 1.01
TRC (5054)MAIN

TRC SYNERGY BERHAD

Construction
314.73m 0.66 9.72 2.90 7.57
TSRCAP (5042)MAIN

TSR CAPITAL BERHAD

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80.25m 0.46 - 0.00 -
UNIWALL (03017)LEAP

UNI WALL APS HOLDINGS BERHAD

Construction
182.85m 0.50 - 0.56 -
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VIZIONE HOLDINGS BERHAD

Construction
548.23m 0.98 8.67 0.00 11.90
WCEHB (3565)MAIN

WCE HOLDINGS BERHAD

Construction
526.44m 0.53 25.49 0.00 2.95
WCT (9679)MAIN

WCT HOLDINGS BERHAD

Construction
1.283b 0.91 11.28 3.31 3.53
ZECON (7028)MAIN

ZECON BERHAD

Construction
35.37m 0.27 1.48 0.00 10.16
ZELAN (2283)MAIN

ZELAN BERHAD

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59.14m 0.07 - 0.00 -17.71

Posted by 129055444514385 > 2019-05-29 15:01 | Report Abuse

anymore, share buyback or resale? haha

20-Oct-2016 20-Oct-2016 Resale 790,000 0.490 0.490 View Detail
28-Oct-2015 28-Oct-2015 Buyback 430,000 0.470 0.470 View Detail
28-Oct-2015 28-Oct-2015 Buyback 430,000 0.470 0.470 View Detail
11-Mar-2015 11-Mar-2015 Buyback 360,000 0.560 0.560 View Detail
11-Mar-2015 11-Mar-2015 Buyback 360,000 0.560 0.560 View Detail

Posted by 129055444514385 > 2019-05-29 15:18 | Report Abuse

bpuri market cap is about rm66mil+, even talam now is about 3 times the market cap of bpuri at rm193mil++

Posted by 129055444514385 > 2019-05-29 15:19 | Report Abuse

maybe, bpuri can be sold or merged with talam, as talam is much stronger in transformation hahaha almost 3 times the market cap of bpuri now hahaha

Posted by powerinvestor > 2019-05-29 18:36 | Report Abuse

Time for BP to close shop!

Time for BP to close shop!

Time for BP to close shop!

Time for BP to close shop!

Time for BP to close shop!

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2019-05-30 09:27 | Report Abuse

Already said the name is kena buli long time ago. Billion of revenue but little profit, and forget about the dividend. Yet reported low PE, no idea how it was derived. Speculative play only.

Posted by Thepainfultruth > 2019-05-30 11:03 | Report Abuse

Resign lah MD, go home plant jagung

mikeann

834 posts

Posted by mikeann > 2019-05-30 19:16 | Report Abuse

Results just out. Good.. Consolidated profit 27.5 million.

Daily8

3,858 posts

Posted by Daily8 > 2019-05-30 23:05 | Report Abuse

nett asset is 67 but $ now is only 175....

Daily8

3,858 posts

Posted by Daily8 > 2019-05-30 23:08 | Report Abuse

why nobody buy??

tkl88

8,712 posts

Posted by tkl88 > 2019-05-31 11:39 | Report Abuse

Consolidated results for the financial period ended 31 Mar 2019
http://www.bursamalaysia.com/market/listed-companies/company-announcements/6179109


Revenue => RM100,292,000
Profit/(loss) for the period => RM 8,152,000
Profit/(loss) for the period{CUMULATIVE PERIOD} => RM27,534,000

FAIZUN77

116 posts

Posted by FAIZUN77 > 2019-05-31 16:04 | Report Abuse

Of the RM27.5m profit, owners of the company just receive RM176k. The balance goes to non-controlling interest. How is that?

AKM1

9 posts

Posted by AKM1 > 2019-05-31 21:20 | Report Abuse

Just accumulate lah. Keep it and someone will buy your sharea later at a higher price.

KAQ4468

21,497 posts

Posted by KAQ4468 > 2019-05-31 23:19 | Report Abuse

Or at lower price



Hihihihi

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2019-06-01 08:53 | Report Abuse

Non controlling shared most of its profits, highlighted long time but no clue.

FAIZUN77

116 posts

Posted by FAIZUN77 > 2019-06-01 12:59 | Report Abuse

Bina Puri has huge potential. Its order book is more than 3b. To name a few, Malaysian Embassy in Moscow 900m, development project in KV, Pahang and Johor worth 2.7b, NHA case (Pakistan's highway) 900m. Expecting special dividend from this one off gain once awarded. Really undervalued now. Just wait for the value to be unlocked soon.

mikeann

834 posts

Posted by mikeann > 2019-06-01 21:06 | Report Abuse

Undervalued and profitable stock. Rebound imminent.

Posted by Thepainfultruth > 2019-06-03 00:08 | Report Abuse

Keep dropping, keep on dropping, one day it will become bat droppings

mikeann

834 posts

Posted by mikeann > 2019-06-06 08:47 | Report Abuse

Laggard construction stock. Profitable counter at basement price with little downside. Rebounding imminent.

AKM1

9 posts

Posted by AKM1 > 2019-06-07 17:57 | Report Abuse

just accumulate. People dont want at cheap price; we take. This company has visibility in its activities; purely a construction company that at its core well managed.
It is for heaven’s sake; 18 Malaysian sen. Divide that by 4; less than 5 US cents per share.
You are basically being invited to be a shareholder for less than 5 US cents per share!
I can’t even start my own mini contruction for this much money that I have invested.
Forget about the peak and dips; about the margin and profitability at current Malaysian construction sector scenario.
The company is solid; let’s look back at what I said in 1 year time.

Posted by powerinvestor > 2019-06-11 13:12 | Report Abuse

Fail audit. Run

thesteward

6,782 posts

Posted by thesteward > 2019-06-11 18:55 | Report Abuse

TIME to relook at this stock !

thesteward

6,782 posts

Posted by thesteward > 2019-06-11 20:27 | Report Abuse

Nta above 60 n reasonable PBT n huge project value. At .185 /.19 cheap la.
TS Syed M smart man la

Posted by Thepainfultruth > 2019-06-12 12:40 | Report Abuse

Look here, look there, look left, look right.

Still no hope

valensi88

188 posts

Posted by valensi88 > 2019-06-13 19:57 | Report Abuse

:(

chong932

48 posts

Posted by chong932 > 2019-06-19 21:52 | Report Abuse

Actively traded today. A good sign of rebounding soon....

Posted by Thepainfultruth > 2019-06-20 10:04 | Report Abuse

Dropped 3% today

mikeann

834 posts

Posted by mikeann > 2019-06-20 19:42 | Report Abuse

Strong support at 0.18. Rebound imminent.

Posted by Thepainfultruth > 2019-06-21 08:29 | Report Abuse

Haha, since 3 years ago say will rebound, what happened now? Dropped from 70cents to 18cents.

Good luck

FAIZUN77

116 posts

Posted by FAIZUN77 > 2019-06-21 16:34 | Report Abuse

someone is blocking at 0.18

valensi88

188 posts

Posted by valensi88 > 2019-06-21 18:35 | Report Abuse

wait till another q report

chong932

48 posts

Posted by chong932 > 2019-06-21 21:48 | Report Abuse

will test 0.185 on Monday.

Posted by Thepainfultruth > 2019-06-24 14:15 | Report Abuse

Dropped 3% today

Posted by powerinvestor > 2019-06-25 13:07 | Report Abuse

hopeless company

Veron_teo

1,492 posts

Posted by Veron_teo > 2019-06-26 17:26 | Report Abuse

lol Calvin tard buy call

Daily8

3,858 posts

Posted by Daily8 > 2019-06-26 18:45 | Report Abuse

It will surprise the unknown. hold for mid term and wait for luxury rewards

kllady_fidah

1,700 posts

Posted by kllady_fidah > 2019-06-28 14:42 | Report Abuse

Wait for surprise bonus...

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