Established since 1975, Bina Puri has successfully completed various types of projects such as roads and highways, bridges and interchanges, waterworks, land reclamation works, residential and commercial buildings, hotels, hospitals, airports and government complexes. Among the notable local projects completed recently were the KLIA2, LRT Ampang Line Extension Package A and B, Sabah New Administration Centre and the Sarawak State Assembly Hall.
Bina Puri Holdings, the contractor and property specialist, had advanced approximately 138% in share price since the breakout point with high volume; subsequently, the company had experienced a low volume pullback, but remained strong with the price momentum.
For now, BPURI is challenging the First Resistance, but as we see some selling pressure today, we may position ourselves for another setup that is coming within the next 1 week, with First and Second Support as indicators for entry.
BPURI’s technical price movement will be remained optimistic, to challenge the First (RM0.10) and Second Resistance (RM0.12) for the next few trading days.
@MZM2511. You can't blame a market for being manipulative after you chased high at certain counters in Bursa. Certain stocks in Bursa will surely follow the technical one
@ExecutionTrade.. Let us see it... WHAT MAKES BPuri SO SPEACIAL related to its incoming share consolidation exercise!!!
Please study these companies .... sanichi, pasukgb, fast, ages, lambo, mtronic, nexgram, kanger and many others which did the share consolidation. You will find your own answer then..... Anyways I had my own experiences @Kanger, Trive and Nexgram. All were nightmares..
Among Bpuri's key projects are Puri Residences, a 21.41-acre landed residential development in Masai, Johor, with 384 units of double-storey homes and an estimated gross development value (GDV) of RM217 million.
Additionally, Bpuri is actively involved in The Valley @ Bentong, Pahang, an agricultural-based development spanning 1,600 acres, equivalent to 1,200 football fields, with an estimated GDV of RM383 million.
Currently, Bina Puri’s construction and property segment boasts an order book worth RM1.5 billion.
Bpuri will continue to implement various measures i.e. prudent cost control, monetise low-performing assets to mitigate risks associated with financial, labour cost and material price escalation in order to maintain financial and operations stability of our businesses. Backed by the Group’s close to 50-year experience, we will continue to execute our strategy to ensure the sustainability and growth of the Company. The Group will be actively sourcing for new business opportunities to strengthen the recurring revenue stream.
Under the budget 2024, the Government has set aside RM12.4 billion to Sabah and Sarawak for development. Therefore, Bpuri will actively participate in the tenders to unlock new market opportunities.
@youngclean.. Please note any false statement in the text below... -------- A history of BPuri:
Before this, BPuri have won projects worth billion, but BPuri have lost four years in a row. Since 10 years ago, BPuri's NTA from RM1.00 has become 2.6 sen... BPuri's management is really a "killer".... Good at making losses and increasing NOSH only. Make Placement and RI like...
Among Bpuri's key projects are Puri Residences, a 21.41-acre landed residential development in Masai, Johor, with 384 units of double-storey homes and an estimated gross development value (GDV) of RM217 million.
Additionally, Bpuri is actively involved in The Valley @ Bentong, Pahang, an agricultural-based development spanning 1,600 acres, equivalent to 1,200 football fields, with an estimated GDV of RM383 million.
Currently, Bina Puri’s construction and property segment boasts an order book worth RM1.5 billion.
@youngclean.. Other companies that suffer same continuous losses as BPUri also can have many projects. The important thing is to deliver profits instead of giving away losses..
A history of BPuri:
Before this, BPuri have won projects worth billion, but BPuri have lost four years in a row. Since 10 years ago, BPuri's NTA from RM1.00 has become 2.6 sen... BPuri's management is really a "killer".... Good at making losses and increasing NOSH only. Make Placement and RI..
There is a big risk ahead.... The operator/insider could be still on their way to exit the counter... TAYOR
(Note: BPuri is preparing to do share consolidation..... In my experiences @Kanger, Trive and Nexgram, before consolidation, the price will drop a lot from the indicative price made in the proposal. BPuri lowest price 2.5 sen...)
Bpuri will continue to implement various measures i.e. prudent cost control, monetise low-performing assets to mitigate risks associated with financial, labour cost and material price escalation in order to maintain financial and operations stability of businesses.
@youngclean.. Other companies that suffer same continuous losses as BPUri also usually reported plans and measures to be profitable..... The important thing for BPuri is to deliver profits instead of giving away losses..
A ten years of BPuri history told us:
1. Before this, BPuri have won projects worth billion, but BPuri have lost four years in a row. 2. Since 10 years ago, BPuri's NTA from RM1.00 has become 2.6 sen... BPuri's management is really a "killer".... 3. Continously, BPuri was good at making losses and increasing NOSH only. To maintain financial and operations stability, BPuri did private placements and RI.. 4. To be safer from the risks of PN17, BPuri is proposing to do a share consolidation exercise.
There is a big risk ahead.... The operator/insider could be still on their way to exit the counter... TAYOR
How???? The director disposed 20 million shares just only @ 5 sen per share???
--------- Changes in Director's Interest (Section 219 of CA 2016) BINA PURI HOLDINGS BHD Name MR OOI HEE KAH Descriptions(Class) Ordinary Shares 22/01/2024 20,000,000 Disposed Direct Interest Consideration (if any) RM0.05
AS I SAID>>> Newbies, BEWARE of PUMP and DUMP activitiy...
There is a big risk ahead.... The operator/insider could be still on their way to exit the counter... TAYOR ------------ Notice of Person Ceasing (Section 139 of CA 2016) MAJU OFFSHORE CAPITAL SDN. BHD. Date of cessation 22 Jan 2024 No of securities disposed 100,000,000 Disposal of 100,000,000 shares through the direct business transaction. Date of notice 24 Jan 2024 Date notice received by Listed Issuer 24 Jan 2024
Maju Offshore Capital Sdn Bhd has ceased to be loss-making Bina Puri Holdings Bhd’s substantial shareholder after it sold a 2.96% stake in the company for RM4 million. Maju Offshore Capital offloaded the stake comprising 100 million shares via a direct business transaction on Monday. A check with Bloomberg showed that a block of 100 million Bina Puri shares was traded at four sen apiece or a cumulative RM4 million on Monday — a 50% discount to that day’s closing price of eight sen. —
The operator will pull the brake before consolidation, everybody who are at the top of condo will feel the HEAT...
INSIDERS STARTED THE MODE OF DISPOSSING THEIR SHARES...
BPuri is preparing to do share consolidation..... In my experiences @Kanger, Trive and Nexgram, before consolidation, the price will drop a lot from the indicative price made in the proposal. BPuri lowest price 2.5 sen...)
-------------- 1. Changes in Director's Interest (Section 219 of CA 2016) BINA PURI HOLDINGS BHD Name MR OOI HEE KAH Descriptions(Class) Ordinary Shares 22/01/2024 20,000,000 Disposed Direct Interest Consideration (if any) RM0.05
2. Notice of Person Ceasing (Section 139 of CA 2016) MAJU OFFSHORE CAPITAL SDN. BHD. Date of cessation 22 Jan 2024 No of securities disposed 100,000,000 Disposal of 100,000,000 shares through the direct business transaction. Date of notice 24 Jan 2024 Date notice received by Listed Issuer 24 Jan 2024 Note: Base on a report the shares disposed @ 4 sen.
He He He.... If rumours is true, how come substantial shareholder Maju Offshore just letgo their holding just @4 sen???? Its 100,000,000 shares,not a lot!!! He He He
Here is the REALITY...
BPuri is preparing to do share consolidation..... In my experiences @Kanger, Trive and Nexgram, before consolidation, the price will drop a lot from the indicative price made in the proposal. BPuri lowest price 2.5 sen...)
Under the budget 2024, the Government has set aside RM12.4 billion to Sabah and Sarawak for development. Thereby, Bpuri will actively participate in the tenders to unlock new market opportunities ~
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
lazzo88
137 posts
Posted by lazzo88 > 2024-01-12 15:30 | Report Abuse
Asinine spam from rainman777 again. If oldies cabut, how come it is still sustaining at its peak price? 😗