BCB BHD

KLSE (MYR): BCB (6602)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.435

Today's Change

+0.01 (2.35%)

Day's Change

0.42 - 0.435

Trading Volume

182,100


2 people like this.

746 comment(s). Last comment by cashflowman 1 month ago

Posted by uchitech008 > 2014-11-21 22:02 | Report Abuse

This quarter will be another amazing quarterly financial result.

Posted by Valueseeker > 2014-11-22 07:00 | Report Abuse

Yes, if you follow Concerto and Home Tree progress, you will know the next few quarters will be very interesting. According to past trends and Bursa records, the results will be out latest by Friday, 28 November.
Incidentally , both projects won some awards from iProperty.com readers. See the FB.

Posted by uchitech008 > 2014-11-22 15:21 | Report Abuse

Actually, liquidity is the main issue for this company. Price spread sometimes can be more than 5 or more cents different. Hard to get n dispose when needed. Anyway, bet some since forseen better financial result in this coming qr.

Posted by Valueseeker > 2014-11-22 18:08 | Report Abuse

Agree. Management should look into improving liquidity and consider the various options available ( some of which may not be popular ) such as stock split, bonus issue, free warrants , engaging market makers ( is this legal ? ) , placing out new shares, declare dividend policy, distribute the 6 million treasury shares, share buy back etc.

BCB should improve their IR and engage openly with potential investors, fund managers, research houses etc.

Imagine the company has been in existent for 25 years and listed for almost 18 years and yet the investing community hardly know of it.

bracoli

2,579 posts

Posted by bracoli > 2014-11-25 12:01 | Report Abuse

BUY!

Invest123

1,597 posts

Posted by Invest123 > 2014-11-25 17:00 | Report Abuse

Yes, buy

mahorse

379 posts

Posted by mahorse > 2014-11-25 18:53 | Report Abuse

Today announced 3 sen dividend. Not bad. 2.4 % over 1.24, with possible capital gain. Been chasing Sona up and down, panting and punting without any certainty.

Posted by valueinvestor > 2014-11-25 21:28 | Report Abuse

http://announcements.bursamalaysia.com/EDMS/subweb.nsf/all/918002A636289DBA48257D9B001144F9/$File/BCB-Annualreport2014.pdf
The Group’s recent decision to buy into Medini
is expected to buttress its income stream in the
coming years. As mentioned earlier, conducting
business in Medini will entail a lot of incentives.
The Group was recently granted “Approved
Developer Status” by Iskandar Regional
Development Authority (IRDA), the regulator in
Iskandar Malaysia - which exempts it from having
to pay corporate tax on profits derived from its
Medini project. (source: page 7 of the Annual Report)

Stockker

289 posts

Posted by Stockker > 2014-11-25 22:57 | Report Abuse

Based on today' s announcement, AGM on 18 Dec. Good news that Medini project is exempted from corporate tax. GDV is 1.2 billion , launching Phase 1 early 2015, small units at average price of rm 350k per unit.
AR also mentioned Bandar Putera Indah, Batu Pahat with GDV of 1.1 billion, acreage 390 acres and it stated that the HSR will have a station nearby.

Posted by Valueseeker > 2014-11-27 20:34 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1807885

Again record revenue for latest quarter, revenue 123 million with profit after tax of 10.7 million. Dividend of 3 sen ex from 16 Jan 2015.

Stockker

289 posts

Posted by Stockker > 2014-11-27 21:09 | Report Abuse

Well done, BCB. I am not comparing Latitude's performance to BCB. But Mr Koon's letter is similarly appropriate for BCB Management to take note. As I am not as articulate as Mr Koon who I highly respect, I am borrowing his letter for this purpose.

Letter to the Latitude's BOD - Why and How to improve your share price?

This is a guess post from Koon Yew Yin.

This article was published at 25-Sep-14, 18:08

Share Your Write Up? Listing Page
The Chief Executive Officer and the Board Of Directors,

Latitude Tree Holdings Bhd.



25th Sept 2014



Dear Gentlemen,



Why and How to improve your share price?

I have been buying your shares recently but I am a bit disappointed that the price cannot rise above Rm 3.72 which is still very cheap in terms of P/E ratio as your EPS was 56.6 sen. However, you deserve my congratulation for managing the company so well to produce such good profit.



As I was one of the founders of IJM Corporation Bhd., I have gained some experience which can help you improve your share price. If you wish to know about me, you can google my name.



When investors buy any share, they expect to benefit from the dividend and the increase of the share price. All the shareholders are the owners of the company and all the directors of the board are the employees who are being paid for their services. The main duty of the directors is to make profit so that they can give out dividend which is the catalyst to move share price.



It is prudent not to give out all the profit as dividend because you need to retain some of the profit for company future expansion, bearing in mind that without expansion, you cannot make more profit.



Like most Malaysian companies, your company is young and poorly capitalized, you cannot afford to give out dividend higher than the holding cost of their shares. As a result, investors will soon get tired of holding the shares if the share price does not continue to increase. If there are more sellers than buyers, the share price will come down.



Since it is not advisable for the company to continue give out good dividend, there are a few ways to increase share price which you may like to consider.

Give out bonus shares
Give out free convertible warrants with a right issue.
The company must frequently talk to fund managers and analysts to entice them to buy your shares. Selling your shares is as important as selling your products.
According to KLSE rules, you can place out not more than 10% of the total issued shares every year. Annually you must also try to place out shares to fund managers so that they can help to support the share price and in the process the company will receive huge amount of cash for expansion. For example, you can place out 9.7 million shares equivalent to 10% of the total issued shares at say Rm 3.30 which is about 10% discount to the current price of Rm 3.70. The company will receive about Rm 32 cash injection on every placement exercise.


After having achieved a higher share price, you should issue shares to make suitable acquisition to further expand the company. If you study the history of IJM Corporation Bhd. carefully, you will notice that the company has done exactly what I have described above.



I trust you and the board of directors will consider my letter seriously to benefit all the shareholders.



Yours faithfully,

Koon Yew Yin

Invest123

1,597 posts

Posted by Invest123 > 2014-11-27 22:44 | Report Abuse

Well done BCB with last Q eps 4.3 sen compared to 2.03 sen the same Q last year. Revenue was the highest so far.

Invest123

1,597 posts

Posted by Invest123 > 2014-11-27 22:59 | Report Abuse

Many types of directors exist, some good, some not so good, some just bad. I like the cowboy movies, one of them is "The Good, The Bad and The Ugly". Maybe the directors are just like the title of the movie. Here, I am not talking about directors of any particular company. Dear Directors, be the good ones!

pang72

47,775 posts

Posted by pang72 > 2014-11-27 23:04 | Report Abuse

Forget abt stingy director at this com.

Invest123

1,597 posts

Posted by Invest123 > 2014-11-27 23:19 | Report Abuse

Stingy is bad.

Posted by Valueseeker > 2014-12-01 10:23 | Report Abuse

Sorry, land size about 4,500sf and built up 4,900sf. Please visit the sales office for more info as what I know may be a bit sketchy.

camel

316 posts

Posted by camel > 2014-12-04 15:15 | Report Abuse

last time I said the real value is 1.10 ,today's price is nearing TP.

camel

316 posts

Posted by camel > 2014-12-05 13:40 | Report Abuse

willing buy and willing sell,returning to real market,all because the pushers put their hands off.

camel

316 posts

Posted by camel > 2014-12-05 15:52 | Report Abuse

1.09 done, willing sell. those used to push even with 1 unit please respect free market,do not play play again.

camel

316 posts

Posted by camel > 2014-12-05 16:30 | Report Abuse

suddenly 1.15 done! up 6sen from 1.09, who bought? market makers did it,what purpose? all know!

camel

316 posts

Posted by camel > 2014-12-09 16:04 | Report Abuse

now 1.10 done,=TP. But economic data is worsening,revised TP is 0.90.

camel

316 posts

Posted by camel > 2014-12-10 13:44 | Report Abuse

half day closing down 4 sen to 1.06, seem like breaking 1.00 this week.

eltonooi

40 posts

Posted by eltonooi > 2014-12-10 15:08 | Report Abuse

camel, how u know this stock will drop at first time?

eltonooi

40 posts

Posted by eltonooi > 2014-12-10 15:09 | Report Abuse

when does this stock will turn to uptrend?

Invest123

1,597 posts

Posted by Invest123 > 2014-12-10 16:40 | Report Abuse

Talk only

Stockker

289 posts

Posted by Stockker > 2014-12-10 16:55 | Report Abuse

Best to ignore him , not sure of his motive, last 3 months obsessed with BCB, main stock comments is BCB ,all negatives. We should comment and buy based on stock fundamental, do some research on your own. Don't talk rubbish. Just comment sensibly. He talked like he knows the reason for the stock movement.

camel

316 posts

Posted by camel > 2014-12-12 14:21 | Report Abuse

property counter rating negative,oil related counters retreated to 5 yrs low, bank counters with oil loans prospect in doubt, influencing property market.moreover,consumers'pocket becomes lighter due to GST.

camel

316 posts

Posted by camel > 2014-12-15 11:31 | Report Abuse

stockker, don't blindly support as if you are expert,face the reality, this is the market trend,not just comment sensibly as you said.this is technical analysis.

camel

316 posts

Posted by camel > 2014-12-15 15:16 | Report Abuse

even TA dropped to 0.69, TAGB to 0.29. Both with strong fundamental and EPS &NTA&PE.

camel

316 posts

Posted by camel > 2014-12-15 16:05 | Report Abuse

eltonooi and invest123, now you believe what I said. 0 91 done,dropped 18sen.

Invest123

1,597 posts

Posted by Invest123 > 2014-12-15 23:59 | Report Abuse

Not that easy

eltonooi

40 posts

Posted by eltonooi > 2014-12-16 04:21 | Report Abuse

Camel, next tp how much? Even lower than 0.91? Or will start rebound?

camel

316 posts

Posted by camel > 2014-12-16 15:22 | Report Abuse

By the moment , hold cash.

Posted by nicolespt > 2014-12-17 09:15 | Report Abuse

hi camel. in your view, i should sell it even i'm losing now? i bought at .97 and now the price is .94. not sure end of today will drop more or not.

mahorse

379 posts

Posted by mahorse > 2014-12-18 09:29 | Report Abuse

Camel, kindly help on TA outlook, stucked at 1.15 , greedy didnt sell but still plan for 12 months hold. Should average ?

eltonooi

40 posts

Posted by eltonooi > 2014-12-18 13:28 | Report Abuse

start to moving up for today?

mahorse

379 posts

Posted by mahorse > 2014-12-19 09:09 | Report Abuse

how to average, no seller

mahorse

379 posts

Posted by mahorse > 2014-12-20 08:04 | Report Abuse

Camel, keep cash , hold existing stock and average lower? Or sell all? Kindly advise .

eltonooi

40 posts

Posted by eltonooi > 2014-12-29 20:06 | Report Abuse

No seller, no volume?

camel

316 posts

Posted by camel > 2014-12-31 18:29 | Report Abuse

Technical analysis shows that nest supporting level is around 0.70.

Posted by valueinvestor > 2015-01-02 20:05 | Report Abuse

PARK RESIDENCE @ MEDINI - Open For Registration

luckyman

696 posts

Posted by luckyman > 2015-01-04 18:18 | Report Abuse

Its profit growth will be driven by its Concerto, Hometree and the soon to be launched Medini projects.

Posted by Valueseeker > 2015-01-06 08:23 | Report Abuse

a) Bandar Putera Indah
This 390 acres township is an up-coming
satellite suburb of Batu Pahat. The proposed
high speed rail linking Kuala Lumpur to
Singapore is expected to have a station
nearby thereby increasing the township’s
appeal. Double storey terrace houses are
reasonably priced below RM500,000 per
unit.
Total GDV is about RM1.1 billion. To-date
about RM100 million worth of properties
have been sold.

camel

316 posts

Posted by camel > 2015-01-06 15:13 | Report Abuse

here is not advertising board!

Posted by pjforsuccess > 2015-01-06 17:58 | Report Abuse

better to be informed and get educated for your stocks and not buy blindly

Posted by Valueseeker > 2015-01-06 18:36 | Report Abuse

b) Park Residence @ Medini
Is located on a 7.81 acre land in Medini,
Iskandar Malaysia and is wrapped around
a park – hence its name. It is located right
in front of the Gleneagles Hospital. It is also
within walking distance to Legoland and
commands a view of Singapore.
The Group’s recent decision to buy into Medini
is expected to buttress its income stream in the
coming years. As mentioned earlier, conducting
business in Medini will entail a lot of incentives.
The Group was recently granted “Approved
Developer Status” by Iskandar Regional
Development Authority (IRDA), the regulator in
Iskandar Malaysia - which exempts it from having
to pay corporate tax on profits derived from its
Medini project.

The Group foresees minimal risk in investing
in Medini as the growth potential in Iskandar
Malaysia is still generally strong. Any slowdown is
anticipated to be short term in nature. Medini, being designated a special
economic zone by the government has a
lot of incentives to offer to both developers
as well as end-purchasers. In Medini, there
are no restrictions on foreigners buying or
re-selling properties. First tier end-purchasers
are also exempted from the Real Property
Gains Tax (RPGT) when they re-sell their
properties.
This high-end project will have 6 tower
blocks and a GDV of about RM1.2 billion.
It will be developed over 5 years. Phase 1
comprising 2 tower blocks is ear-marked for
launching sometime in the early part of year
2015. Most of the 600 plus units in Phase 1
will be in the built-up region of 400 plus s.f.
(studio units).
It will be priced at about RM800 per s.f.
and is expected to generate considerable
interest from locals as well as foreigners as an
average unit will be priced in the RM350,000 region.

camel

316 posts

Posted by camel > 2015-01-07 14:25 | Report Abuse

Is here a sales board?

Posted by Valueseeker > 2015-01-07 15:32 | Report Abuse

2. Financial Performance
The Group’s five years performance (as can be
seen in the five years financial highlight) has been
on an upward trajectory.
In last financial year, the Group posted a turnover
of RM281.95 million compared with RM164.58
million achieved in the previous year. Group
profit before tax also increased to RM43.81
million compared with RM20.92 million achieved
in the previous year while Group profit after tax
increased to RM32.51 million compared with
RM16.10 million achieved in the previous year.

Since last year, the Group has also retired off
more than RM100 million in various bank loans
from its improved cash flows. A first and single tier
dividend of RM0.03 per share was also proposed
to its shareholders in respect of the financial year
ended 30 June 2014. This proposed dividend
will be subject to approval from its shareholders
in the coming Annual General Meeting on
18 December 2014.

Post a Comment
Market Buzz