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

Joslang

76 posts

Posted by Joslang > 2019-10-04 09:51 | Report Abuse

Freddie.. sell all it down to 0.09 so I can collect some..

Posted by powerinvestor > 2019-10-04 17:06 | Report Abuse

what a waste of time

kllady_fidah

1,700 posts

Posted by kllady_fidah > 2019-10-06 23:33 | Report Abuse

this stock may surprise us soon

husin11

3 posts

Posted by husin11 > 2019-10-07 10:36 | Report Abuse

when is the best time to buy?

Joslang

76 posts

Posted by Joslang > 2019-10-07 13:59 | Report Abuse

After RI.. just my own thinking.. it is unlikely the price would go up until RI

Posted by powerinvestor > 2019-10-07 16:17 | Report Abuse

dropped 4% today

Posted by powerinvestor > 2019-10-07 16:18 | Report Abuse

When other stocks dropped, you dropped.

When other stocks rose, you still dropped.

D*** H**d

Joslang

76 posts

Posted by Joslang > 2019-10-08 09:43 | Report Abuse

Anyone plan to attend the EGM?

OngKawKaw

3,283 posts

Posted by OngKawKaw > 2019-10-08 19:51 | Report Abuse

Useless management. Puih

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2019-10-10 11:59 | Report Abuse

Only for speculation play. As highlighted, when making profit, non controlling interest shared most of its profit (did they contribute any resources for those projects???), this is extremely odd. You can make a comparison with other listed companies on net profit distribution. Next, outstanding borrowings will kill the company, just interest itself is too heavy.

husin11

3 posts

Posted by husin11 > 2019-10-11 09:39 | Report Abuse

any probability this company will bankrupt?

Joslang

76 posts

Posted by Joslang > 2019-10-11 15:36 | Report Abuse

Still profitable.. just bad management.. if come to that stage I'm sure the likes of IJM, WCT, etc would be interested

OngKawKaw

3,283 posts

Posted by OngKawKaw > 2019-10-17 20:30 | Report Abuse

Kantoi banyak tak boleh naik kut

Posted by analyst007 > 2019-10-19 01:43 | Report Abuse

I would like to follow-up up on the point brought up by Jeffreyteck on who the so-called non-controlling interests are. It is indeed very odd that for the 3 months consolidated statement ended 30 June 2019 (available from the Bursa Website for Bpuri) profits attributable to the owners of the company for the 3 months ended 30 June 2019 is only RM 324,000 while profits attributable to the non-controlling interest is RM 5,091,000. For the 18 months ended 30 June 2019 profits attributable to owners of the company is only RM 500,000 while that for non-controlling interest is a huge RM 32,449,000. As Jefferyteck pointed out this is indeed very odd.

Does anyone know who the non-controlling interests receiving the bulk of the profits are, while owners (I assume shareholders) are getting hardly anything. I think we need this clarified before subscribing for the rights issue since nearly all the profit appears to be going to the so called "non-controlling interests".

Perhaps we, as shareholders, should first have a brief meeting among ourselves at 9.30 am before the EGM at 10 am on 22 October so that we can discuss this matter and arrange to collectively seek clarification from the Bpuri Board on the issue during the EGM. We really need this clarified before subscribing to the rights issue to protect our (shareholders) interests.

Jeffreyteck, are you coming for the EGM on 22 October? Hope others coming for the EGM will also have a look at the consolidated Financial Statement for the year ending 30 June 2019 for Bpuri, available at the Bursa website and also share their views on this matter here.

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2019-10-19 10:55 | Report Abuse

@analysts... I had been observing this counter when it was around $1 around 5 years ago and attracted by its nta then. Luckily did not invest in it but just wish to highlight some concerns noted. You or other SHs should request for clarification on the above and ask whether non controlling interest provided any resources for those projects undertaken.

I won't just comment just because I didn't own the stock. In the case of London biscuit for eg, where I invested some before, yet I critiqued it when it was traded above 60 after hold for a few years. Anyway, I finally disposed of above 60 as trust on management has ceased, and huge borrowings as well as frequency of private placements are just beyond my tolerance level.

Good luck anyway.

Joslang

76 posts

Posted by Joslang > 2019-10-22 09:38 | Report Abuse

Hi.... anyone attending the EGM? Please keep us updated.. many thanks

kllady_fidah

1,700 posts

Posted by kllady_fidah > 2019-10-22 13:44 | Report Abuse

if we were to cut loss we need cheap RI & free warrants..No other way guys

Daily8

3,858 posts

Posted by Daily8 > 2019-10-23 01:40 | Report Abuse

Jefferyteck, do you managed to ask the mgt this question of non0controlling interest?

Joslang

76 posts

Posted by Joslang > 2019-10-23 09:50 | Report Abuse

Please elaborate further

Posted by powerinvestor > 2019-10-23 13:41 | Report Abuse

It is a super duper mega sega high end condo, my friend. You wont understand BPoori, just like how i wont understand their bad management.

Joslang

76 posts

Posted by Joslang > 2019-10-23 17:54 | Report Abuse

Syndicate will keep the price at 0.12 - 0.125 until RI completed..

Daily8

3,858 posts

Posted by Daily8 > 2019-10-25 07:31 | Report Abuse

How you know??


Joslang Syndicate will keep the price at 0.12 - 0.125 until RI completed..
23/10/2019 5:54 PM

tkl88

8,712 posts

Posted by tkl88 > 2019-10-25 09:57 | Report Abuse

When is the RI will be exercise ?

Daily8

3,858 posts

Posted by Daily8 > 2019-10-25 12:39 | Report Abuse

anytime from now

Daily8

3,858 posts

Posted by Daily8 > 2019-10-25 12:39 | Report Abuse

resolution passed yesterday

kllady_fidah

1,700 posts

Posted by kllady_fidah > 2019-10-31 17:24 | Report Abuse

price going up b4 RI proce fix..

Joslang

76 posts

Posted by Joslang > 2019-11-01 08:49 | Report Abuse

Unpredictable.. 0.20 before RI.. RI 0.09 issue price.. hahahaha..

husin11

3 posts

Posted by husin11 > 2019-11-03 14:20 | Report Abuse

Sorry, what is RI?

kllady_fidah

1,700 posts

Posted by kllady_fidah > 2019-11-03 20:29 | Report Abuse

R1 10sen with free warrant...good seal

kllady_fidah

1,700 posts

Posted by kllady_fidah > 2019-11-03 20:30 | Report Abuse

small xap..very easy to push

Posted by powerinvestor > 2019-11-04 19:44 | Report Abuse

kantoi lagi

tkl88

8,712 posts

Posted by tkl88 > 2019-11-06 07:46 | Report Abuse

When is the RI date? What is the RI price ?

kllady_fidah

1,700 posts

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

10 sen per RI + 1 foc Warrsnt..
Somewhere in Dec

Daily8

3,858 posts

Posted by Daily8 > 2019-11-11 22:07 | Report Abuse

Looks like news just out

Daily8

3,858 posts

Posted by Daily8 > 2019-11-12 10:15 | Report Abuse

Every companies e.g. Public Listed Companies by Bursa Requirements, need to have a personnel on Investors Relations to reply and answer some questions by minor shareholders. Looks like this company is hopeless. Phone passing around.

HowAh

963 posts

Posted by HowAh > 2019-11-13 18:50 | Report Abuse

Is it worth subscribing? :(

cat lim

1,284 posts

Posted by cat lim > 2019-11-13 20:26 | Report Abuse

All Holland by Calvin. Lol

kllady_fidah

1,700 posts

Posted by kllady_fidah > 2019-11-13 21:36 | Report Abuse

9 sen RI

Daily8

3,858 posts

Posted by Daily8 > 2019-11-13 22:09 | Report Abuse

5932 BPURI BINA PURI HOLDINGS BHD
Important Relevant Dates for Renounceable Rights

Full Description:



Dispatch Date: 02/12/2019
Trading of Rights Start On: 29/11/2019
Trading of Rights End On: 06/12/2019
Stock Par Value:

Last Day and Time for:
- Sale of Provisional Allotment of Right: 05/12/2019 05:00 PM
- Transfer of Provisional Allotment of Right: 09/12/2019 04:30 PM
- Acceptance and Payment: 13/12/2019 05:00 PM
- Excess Share Application and Payment: 13/12/2019 05:00 PM

Remarks:
The last date and time for acceptance, excess application and payment is 13December 2019 at 5.00 p.m.This announcement is dated 12 November 2019.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

Daily8

3,858 posts

Posted by Daily8 > 2019-11-13 22:19 | Report Abuse

RI 9 cts + 1 wa

tkl88

8,712 posts

Posted by tkl88 > 2019-11-14 15:56 | Report Abuse

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING BINA PURI HOLDINGS BHD ("BINA PURI" OR THE "COMPANY") RIGHTS ISSUE WITH WARRANTS
http://www.bursamalaysia.com/market/listed-companies/company-announcements/6337721

Rights Issue - BINA PURI HOLDINGS BHD
http://www.bursamalaysia.com/market/listed-companies/company-announcements/6337729

EX-date 27 Nov 2019
Entitlement date : 28 Nov 2019
Entitlement time : 05:00 PM
Entitlement subject: Rights Issue
Entitlement description: RENOUNCEABLE RIGHTS ISSUE OF UP TO 439,345,450 NEW ORDINARY SHARES IN BINA PURI HOLDINGS BHD ("BINA PURI" OR THE "COMPANY") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.09 PER RIGHTS SHARE TOGETHER WITH UP TO 439,345,450 FREE DETACHABLE WARRANTS IN BINA PURI ("WARRANTS") ON THE BASIS OF 1 RIGHTS SHARE TOGETHER WITH 1 FREE WARRANT FOR EVERY 1 EXISTING ORDINARY SHARE IN BINA PURI ("BINA PURI SHARES" OR "SHARES") HELD BY ENTITLED SHAREHOLDERS OF BINA PURI AT 5.00 P.M. ON 28 NOVEMBER 2019 ("RIGHTS ISSUE WITH WARRANTS")

a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers : 28 Nov 2019
Ratio 1 : 1
Rights Issue/Offer Price Malaysian Ringgit (MYR): 0.09

Date Announced 12 Nov 2019

Posted by powerinvestor > 2019-11-15 15:30 | Report Abuse

down a freaking 4.17% today

Posted by powerinvestor > 2019-11-15 15:30 | Report Abuse

MD please resign!!!

Posted by powerinvestor > 2019-11-18 19:47 | Report Abuse

haha

Posted by Starbuckee > 2019-11-20 09:05 | Report Abuse

12.5+9 / 2 = 10.75cents. after exdate market probably adjust to 11 cents. then people start dump this.

Posted by Starbuckee > 2019-11-20 11:52 | Report Abuse

subcribe 1 get 1 warrant, too good? so price might plunge very low after RI?

setia2u

971 posts

Posted by setia2u > 2019-11-21 12:16 | Report Abuse

Last few days to sell before ex date on 27/11/2019, today T2 with 11 mil share due, can market absorb it?

Posted by powerinvestor > 2019-11-21 19:01 | Report Abuse

market cap 48mil, no money dee

Zali Daud

47 posts

Posted by Zali Daud > 2019-11-26 01:59 | Report Abuse

Siapa tahu tentang Waran yang ditawarkan. Apakah jenis waran, Tempoh Waran (Maturity Date), Berapa Exercise Price dan Berapa Conversion Ratio?
Terima kasih.

mikeann

834 posts

Posted by mikeann > 2019-11-28 21:51 | Report Abuse

Stock seems grossly oversold. Rebound imminent. Immediate resistance at 0.11

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