They already secure new project abt RM400million since last year oct till now. Before that already have an order book of RM400 million in Malaysia and SGD 300 million in Singapore
Bintai recent won the contract’s value estimated at RM120mil as turnkey contractor for Kolej Universiti Islam Melaka, to be built on 15.58 acres with in-campus accommodation for some 7,000 students.
Their orderbook already more than rm1.5billion and growing bigger. Oversea and local govt project also can get.
Inari also previous low price was at 0.32 .. now grow so much till rm4.87 highest because have big projects and big players support push higher. If contra kakis and low vol trades, price hard to move up much.
DK122: I bought and sold bintai few times, bought back again coz its a company that always win good contracts/projects. U also still in this Bintai topic... so can say u are also loyal to Bintai? Hmmm..
Private share placement for big shareholder last year was at 0.32. Those big players press sell down and buy back cheaper just like RI. Price alwys move up back 0.32-0.33 and move higher after they get enough shares from the minority public shareholders.
yeekarwai88.. It RM13.380 million+ project not RM1.3million. Won court case get RM4.9million.
Description Bintai Kinden Corporation Berhad (BKCB or Company) - Letter of Intent from Tenaga Nasional Berhad The Board of Directors of BKCB is pleased to announce that Kejuruteraan Bintai Kindenko Sdn Bhd (“KBK”), a wholly owned subsidiary of the Company, has on 11 March 2016 received and accepted a Letter of Intent from Tenaga Nasional Berhad for KBK to be appointed as Contractor to undertake electrical works for Project designated as “PMU 132/33KV Taman Jaya GIS Extension (1x90MVA), Selangor” at a contract sum of RM13,380,000 (Ringgit Malaysia Thirteen Million Three Hundred and Eighty Thousand). The duration for the aforesaid project to be completed will be within 546 days from the commencement date.
The Project will not have any effect on the issued and paid up share capital of the Company and is not expected to have any material effect on the earnings, earnings per share, net assets per share and gearing of the Group for financial year ending 31 March 2016. However, it is expected to contribute positively towards the future earnings of BINTAI Group.
None of the Directors and/or major shareholders of BKCB or persons connected with them have any interests, direct or indirect, in the Project.
This announcement is dated 14 March 2016.
====================================================================== Description Bintai Kinden Corporation Berhad (BINTAI or Company) - Arbitration Further to the arbitration proceedings held between Kejuruteraan Bintai Kindenko Sdn Bhd (“KBK”) (a wholly owned subsidiary of BINTAI”) and Serdang Baru Properties Sdn Bhd (“SBP”), the Company wishes to announce that following the notification received from KBK’s solicitors on 11 March 2016, SBP has been ordered to pay a total sum of RM4,985,166.24 plus 5% simple interest per annum on the aforesaid payment sum in favour of KBK.
Bintai losses in the past 2 quarters are partly the results of provision for doubtful debts. Even though provision made, Bintai still strive to collect debts via legal action. The above comment is just a classic good example. Keep it up and continue to collect more via debt collector.
Thanks Icon8888, I missed that part. My Sifu is always better. Why is it no one dare to query Directors' fees/remuneration being so highly paid to the tune of RM20/- for lost making company? Icon8888 please help us to attend AGM to question the Directors for their rationale to pay so much. Thank you.
There was RI and private share placement last year to get fresh fund to support existing n future projects. Financial getting better with many new projects secured.
viper88 u been toyed or u still blinded by bintai...i left this crazy counter long ago..n u still playing n help to say good words about this company even the return so low...n ya we all know bintai won a lot of contracts recently and it does only minor effect on the share price la....give up la
DK122: Its ur own choice not 2 invest if u think its not a good counter. Those who invest also when price r low n suit their own investment risk. If its really a bad counter, bintai should not be able to win so many big contracts locally & oversea past 6 mths. The recent projects won, profits will only show in coming qtr financial report.
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....
Nightkids
1,642 posts
Posted by Nightkids > 2016-03-02 00:36 | Report Abuse
YEE,还没放弃这粒股吗?