Posted by viper88 > 2018-01-30 14:02 | Report Abuse

Sold Bintai SG http://www.theedgemarkets.com/article/bintai-kinden-nets-rm315mil-it-cuts-stake-singapore-firm

https://www.facebook.com/bintaikindenko/

After restructuring, stock price still not moving up much.

Posted by DickyMe > 2018-02-02 11:58 | Report Abuse

This counter in COMA stage in ICU.

Posted by DickyMe > 2018-02-15 10:15 |

Post removed.Why?

Posted by Mohd Fahmi Bin Jaes > 2018-02-22 17:14 |

Post removed.Why?

Posted by viper88 > 2018-02-26 15:02 | Report Abuse

Big projects for Melaka but the big players keep holding down the share price to buy back cheap from retailers.

Posted by persie > 2018-02-28 18:38 | Report Abuse

Next QR or 4QR must be in the black because the revenue of the projects is starting taking into account.

Posted by Kungsing Ting > 2018-03-01 16:39 | Report Abuse

u are right, persie. i set alarm at 0.15 price. might buy in again if lower than it. good luck.

Posted by Tigerchan > 2018-03-15 15:52 | Report Abuse

Viper88, where are u

Posted by Tigerchan > 2018-03-26 11:55 | Report Abuse

Look like, its heading to 10 cent, as the buying volumn keep low.

Posted by DickyMe > 2018-03-26 14:35 | Report Abuse

Bintai, nampaknya kena BANTAI kuat-kuat...LOLOLOLOLOL!!!

Posted by Tigerchan > 2018-04-05 09:41 | Report Abuse

Soon collapse. Many project also useless

Posted by John Foo Sxhong > 2018-04-06 11:28 | Report Abuse

Bankrupt company

Posted by viper88 > 2018-05-25 13:24 | Report Abuse

Pending court case money, .http://www.thesundaily.my/news/2018/02/02/appeal-against-bintai-kindens-unit-dismissed.
Pending Melaka projects.

Previous Qtr result NTA 0.32 but price sold down alot from 0.18 and not much buying strength to move the share price.
Share price performance really disappointing. Not involve or related to IMDB or previous govt link biz but still share price unable to move up rebound because lack of big shareholders/players support.

Posted by marcoz > 2018-05-29 23:39 | Report Abuse

any hope on this counter ?

Posted by viper88 > 2018-05-31 11:48 | Report Abuse

Currently very weak or no vol trading. The company mainshareholders and big players have to push up only can c +ve sign.

Posted by viper88 > 2018-05-31 14:40 | Report Abuse

Court dismiss SBP appeal.


BINTAI KINDEN CORPORATION BERHAD ("BKCB" OR "COMPANY")

- ARBITRATION BETWEEN KEJURUTERAAN BINTAI KINDENKO SDN BHD AND SERDANG BARU PROPERTIES SDN BHD

We refer to the Company's announcement dated 7 May 2018 and any subsequent updates on the material litigation involving Kejuruteraan Bintai Kindenko Sdn Bhd ("KBK"), a wholly owned subsidiary of the Company, and Serdang Baru Properties Sdn Bhd ("SBP").

The Board of Directors wishes to announce that pursuant to the hearing held at the Federal Court today, the Federal Court has dismissed SBP's motion for leave to appeal and granted costs of RM10,000.00 in favour of KBK.

This announcement is dated 28 May 2018.

Posted by viper88 > 2018-05-31 16:15 | Report Abuse

To recap, according to an arbitration verdict from December 2016, SBP was ordered by the court to pay a total of RM28.22 million as arbitration awards together with an interest rate of 5% per annum from June 3, 2008 up to March 9, 2016.

The court also ruled for a cost of RM20,000 to be paid by SBP to KBK.

In line with that, the group said it will be seeking the enforcement award as per the previous court ruling amounting to RM28.22 million together with the interest rate as well as on the private caveat presented on SBP’s property and all other relevant costs awarded to KBK.

Posted by Tigerchan > 2018-05-31 17:28 | Report Abuse

For 3 months only 8 millions, profit 4millions. Its seems there isn't work order.

Posted by Tigerchan > 2018-05-31 17:34 | Report Abuse

What is actually happenning to the management. Are the management and directors waiting for court case money and not looking for new order?

Posted by persie > 2018-05-31 18:06 | Report Abuse

Forget the revenue for awhile. Company's FYE profit is all time record within 5 years. PE now only 7. What do you expect for the share price. My target 0.18 is not so difficult.

Posted by viper88 > 2018-05-31 22:40 | Report Abuse

Bintai latest fin. qtr result +ve, making profit even during bad times.
NTA: 0.25

Receiveabe from winning court case RM28million + 5% interest for 7.5 yrs (interest rate of 5% per annum from 3 June 2008 up to 9 March 2016)
total abt RM38.5million.

Bintai total no. of shares 214.59million
The receivables translated to Bintai share price is additional gain abt 0.179 sen.

If added to latest NTA, share price 0.43.

But Bintai price really low at 0.125 currently.
The big shareholders still dont take any action to accumulate up the shares.

Posted by viper88 > 2018-06-01 11:03 | Report Abuse

With the Melaka land development project JV with Vista Spring worth 350million, Bintai share value worth is actually so much more higher but suprisingly the shareholders and Bintai company didnt initiate shares buy back but just collecting from open market from retailers at low price.

https://www.edgeprop.my/content/1213358/bintai-kinden-partners-vista-springs-jointly-develop-melaka-land

Currently Bintai share price is so much undervalue and oversold way too far from its fair market share asset value.

Posted by viper88 > 2018-06-04 17:02 | Report Abuse

Won court case money is even higher than current total share market values yet price hard to move up. Recent financial also show turnaround profits and coming big Melaka development projects but daily transaction is so low and not attracting any big players at all.

Posted by viper88 > 2018-06-07 12:51 | Report Abuse

Share price before election around 0.18, now after election still below pre election price even with recent good financial report and won court case annoucement.

Posted by persie > 2018-06-07 19:46 | Report Abuse

Be patient bro, time to rebound as early as next week.

Posted by viper88 > 2018-06-07 23:43 | Report Abuse

The big shareholders /big players keep collecting since last year.
Time to move up because its share price value should be revised higher with the money won from court case.

Posted by viper88 > 2018-06-18 01:27 | Report Abuse

Many other penny stocks already start rebound up after election, Bintai still at 5 yrs low price range and yet to move up b to price bfr election eventhough good financial qtr result has out.

Posted by persie > 2018-06-19 00:43 | Report Abuse

I dont know whathappen to substantial shareholders and directors. I can see other stock they try to push up.

Posted by viper88 > 2018-06-19 11:16 | Report Abuse

Yes, its really odd, based on business projects and financial results, theres +ve turnaround and won substantial court case money, even won against appeal case also. Big JV plan with Vista Spring for Melaka land development projects but stock price just stuck and bottom lvl. The company directors and main shareholders also not showing support at own share price, alot retailers already washed out but price still hardly move up back.

Posted by persie > 2018-06-19 11:40 | Report Abuse

Hundred millions contract still in hand, or they just let the market play itself. If that so, directors mainly, absolutely don't care about their shareholders. Pity to minority vompany's shareholders.

Posted by viper88 > 2018-06-19 14:20 | Report Abuse

Even recent Jack Ma alilbaba newsplay also not hlp boost bintai share price. Bintai work order already >Rm1billions close to 2billions but share price only show market capitalization less than RM50million.

Bintai also ventures into data centre, mechanical and medical field last year.
http://www.theedgemarkets.com/article/bintai-kinden-eyes-mechanical-electrical-jobs-data-centre-segment

KUALA LUMPUR: Mechanical and electrical engineering service provider Bintai Kinden Corp Bhd is on the prowl for opportunities to cater to the data centre industry considering the flourishing e-commerce trend in Southeast Asia.

Group managing director cum chief executive officer Ong Choon Lui noted that should there be demand locally with data infrastructure springing up, the group hopes too to “have a slice of the cake”.

Speaking to reporters yesterday after the company’s annual general meeting, Ong cited Amazon and Alibaba to be amongst big names the group looks forward to attempt submitting project tenders for.

The group is working towards venturing into this new area for its engineering segment starting next year, and expects a 5% contribution to its financial year 2019 top line, according to Ong.

Meanwhile, Ong said the group will focus more on service provision for factories moving forward, as factories are usually “built in anticipation for a boom”, and since manufacturers keen to leverage on the weaker ringgit against the US dollar are now returning to Malaysia.

Medical-related facilities are another focus area for the group, especially in Singapore, due to the scarcity of space in private hospitals there.

The group’s engineering order book figure stands at RM1 billion as of now, of which 35% is made up of local projects with the rest being regional jobs, said Ong.

“We are targeting, in Malaysia alone, to secure RM800 million worth of contracts”, he added.

Posted by persie > 2018-06-19 14:53 | Report Abuse

Huhuhu... The group’s engineering order book figure stands at RM1 billion as of now plus 800 millions more but share price stick at 0.13 for a long time now.

Posted by viper88 > 2018-06-19 16:24 | Report Abuse

They even had right issue 1:1 at 0.20, private share placement at 0.23. Its share value should be much more higher but theres always sell off and no buying strength from big players. Even with many good newsplay won big contracts overseas n locally its price hardly move up much. Really sleeping and no +ve action for many months.

Posted by persie > 2018-06-19 19:00 | Report Abuse

I guess with another QR then the share price move..

Posted by viper88 > 2018-06-21 11:03 | Report Abuse

Bintai won many big projects oversea and locally but its share price is so undervalue and no trading vol.. its hard to attract trader or investor to buy.

Posted by viper88 > 2018-06-26 22:25 | Report Abuse

Still sleeping, unlike TGOFFS - T7Global price shoot up yesterday.

Posted by persie > 2018-06-29 09:55 | Report Abuse

Nobody no directors want to play even good in last QR. May be have to wait another QR. Directors are worse than snail.

Posted by Tigerchan > 2018-06-29 18:06 | Report Abuse

60% revenue derived from Singapore, so how to move.

Posted by viper88 > 2018-07-06 14:56 | Report Abuse

It doesnt matter whether get local or overseas projects.. most important is those project/contracts need to generate profits.Recent court case won also shows future receiveable for the court award + interest abt additional 0.179 in share price values which is much more higher than current low market share price.

Previous financial adjustment big NTA drop is due to removal of the receivables for court case money and also fin qtr losses.

Current NTA: 0.25. With latest court awards, Bintai financial should be revised higher.

Its share price only can move up if there strong buying from the big players as currently retailers more on sitting on the fences or already exited.

Posted by viper88 > 2018-07-10 16:45 | Report Abuse

Big buyer queue at 0.12 but no buying at all.. always theres buyer want collecting Bintai shares at low price instead of moving up the share price.

The same thing happen when good news out alwys have sellers queue blocking the share price from moving up and press it lower.

Posted by persie > 2018-07-12 07:30 | Report Abuse

Directors themselves do not aware of company's share. They just let the price go down till now.

Posted by viper88 > 2018-07-12 21:43 | Report Abuse

They have sign MOU for melaka big land and property development project RM350million in OCt last year when price was around 0.18.
http://www.thesundaily.my/news/2017/10/19/bintai-kinden-vista-springs-rm350m-malacca-development

Court case won in Feb, share price 0.17
http://www.thesundaily.my/news/2018/02/02/appeal-against-bintai-kindens-unit-dismissed

Financial qtr result +ve but But price keep drop till election and after election price still stuck at 0.12-0.13 range.

With its current price, it way oversold and not yet even rebound back to its fair value price and climb up to its potential future high share price base on its court case awards and big projects plan.

Posted by persie > 2018-07-13 19:23 | Report Abuse

Another contract awarded by TNB to undertake the establishment of the new 132KV switching station in Selangor. The conteact worth RM50. 48 millions. Where will the share price go next week.

Posted by viper88 > 2018-07-13 22:19 | Report Abuse

https://www.thestar.com.my/business/business-news/2018/07/13/bintai-kinden-accepts-rm50pt48mil-contracts-from-tenaga/

KUALA LUMPUR: Bintai Kinden Corp


Bintai Kindenko Sdn Bhd has accepted several awards from Tenaga Nasional to be the contractor establishing the new 132kV GIS switching station in Selangor for a sum of RM50.48mil.

The group said no major risk is foreseeable in undertaking this contract, which is non-renewable and set for a fixed period. The contract is estimated to be completed within 540 days from the commencement date.

"The Contract will not have any effect on the issued and paid up share capital of the Company and is not expected to have any material impact on the earnings, earnings per share, net assets per share and gearing of the Group for financial year ending 31 March 2019.

"However, it is expected to contribute positively towards the future earnings of BINTAI Group," said Bintai in a stock exchange filing.

Posted by viper88 > 2018-07-16 11:29 | Report Abuse

Price slowly moving up hit 0.155 but still block by seller queue. Pre-election price was 0.18 and now after +ve finan qtr result out, won court case and won new govt contracts price still havent back to pre- election price or higher. The players in this counter play very slow and no aggressive unlike other penny counters.

Bintai NTA 0.25 excluding the pending receivables of court case money with interest translated to abt 0.17, Its revise NTA should be 0.42++ and with Melaka big development land property projects rm350millions, bintai share value should be around 0.50+.

Just dont know when the big players will realize the share fair value n push it up higher.
.

Posted by Jolin Lai Chi Pet > 2018-07-17 12:34 | Report Abuse

get ready for limit up!!!!!!!!!!!!!!!

Posted by persie > 2018-07-18 14:32 | Report Abuse

Good QR result, good contact awarded, share price still bloody. Anyone who wanna sell please dump now. Hahaha...

Posted by viper88 > 2018-07-19 16:11 | Report Abuse

Won RM50.48mil Tenaga Nasional work contract, share price only up 0.01-0.02.
Really weak players. With current financial and share value price, Bintai is way too low price but still hardly to move up much.

Posted by viper88 > 2018-07-21 00:59 | Report Abuse

IWcity and Ekovest big price jump recently, its the big players pushing up price.
Bintai big players still not buying up price yet.

Posted by persie > 2018-07-26 21:13 | Report Abuse

Slow but steady. Go bintai.. Short term TP 0.20