BINTAI KINDEN CORPORATION BHD

KLSE (MYR): BINTAI (6998)

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Last Price

0.125

Today's Change

0.00 (0.00%)

Day's Change

0.125 - 0.13

Trading Volume

2,346,400


14 people like this.

20,650 comment(s). Last comment by arztronaut 4 days ago

WarrenL

114 posts

Posted by WarrenL > 2020-08-28 20:45 | Report Abuse

Pang, join the force? lol

Kira_Kura

133 posts

Posted by Kira_Kura > 2020-08-28 20:57 | Report Abuse

Very good! Finally found some reasonable guys. Many others expect fast money on next hours, wth? I shared my findings. May the forces with us. Let's roll and make another Bintai and Solution!

Posted by thestockoracle > 2020-08-28 21:01 | Report Abuse

For the benefit of members who have bought in at a high and are stuck with Bintai or Solution, I have considered 2 hedging glove-related stocks with proven fundamentals and profits:

DANONCE TECHNOLOGY (7114)
SAMCHEM (5147)

Both are suppliers to the glove and healthcare industry and they are now trading at a relatively low PE ratio and stock price. D'nonce is an especially good pick as its Q2 is coming out in 30 days time and for the last 3 quarters it has been recording profit growth. The recent corporate presentation and management mentioned they're currently experiencing very strong orders and are operating at maximum capacity, in tandem with the robust demand for gloves.

From its recent corporate presentation, and google map, we can guess with high accuracy that TOPGLOV Thailand and Sri Trang Glove are their clients.

Currently projecting a base case RM 15m of net profit for FY2021, which translate into 5.7c eps FY2021. Extrapolating that into 15x PE based on conservative valuation. TP by analyst: 0.8-1.0

Samchem is a chemicals company supplying chemicals to glove companies to manufacture gloves. Also a solid company with strong fundamentals and growing profits. TP by analyst: 1.23

This is not a buy call, just for the members hedging thoughts. Let me know if you agree after you read up more on these stocks and their business.

Posted by thestockoracle > 2020-08-28 21:02 | Report Abuse

Please note that the idea of hedging is meant to counter the turbulence of the pharma stocks and the market. I still continue to believe Bintai has its own potential upside but with market sentiments swaying, it would be advisable to not put all your eggs in one basket. At the same time, I do not advocate speculating in penny stocks. My definition of penny stocks are stocks with no proven track record and are trading at ridiculous prices relative to their profits.

I only would advocate hedging stocks with the following criteria:

1. proven track record and profit growth.
2. strong management team and visible corporate earnings,
3. transparent management ideas such as presentations and press releases so we know what is going on with the company.
4. glove related preferably as glove demand will continue to be elevated.
5. strong fundamentals and relatively low PE ratio
6. current price still demonstrates an upside (massive upside 30% or more) and not over-priced so that there is still gain to be made without investors taking ridiculous risks.

WarrenL

114 posts

Posted by WarrenL > 2020-08-28 21:58 | Report Abuse

They said Bursa Malaysia would not be dragged down if investors were to switch from glove counters to other sectors.

The likes of AmBank Research expects the ASPs to begin tapering off in the first quarter (Q1) of 2021, while CGS-CIMB views the downside risks for the glove manufacturer included the discovery of the Covid-19 vaccine.

CGS-CIMB analyst Walter AW said this would lead to weak sentiment for the stocks and stiffer-than-expected pricing competition.

AmBank Research said the share prices of most glove companies had exceeded its target prices.

This prompted the firm to downgrade its call on the glove sector from "overweight" to "neutral",.
(Read News Straits Time 28 Aug 2020). It is just less than one or two month for all investors to switch from glove counters to other sector (Eg. Vaccine).

WarrenL

114 posts

Posted by WarrenL > 2020-08-28 22:01 | Report Abuse

Sell all glove stock that you have earned. I have made my switch since mid of Aug. I was trading in Glove Counters as well. Is time to change and look on "greater" potential stock. Those glove stock is already >300% -500%, some even 1000%, would you expect another 1000%? If yes, that will only happen in Vaccine Stock for now.

WarrenL

114 posts

Posted by WarrenL > 2020-08-28 22:13 | Report Abuse

Futhermore, you may observe how many joint venture/ new into glove business by only this few months. It is same as the moment we saw lot of new cafe set up, lot of new bubble tea shops open, lot of finger fried Korean Chicken due to the sudden "need and attention". It always come to end very soon. Those joined at last ship will dive. For me, you are joining last ship for glove now. It will sail forever with the same price and speed until it drop drastically with the continuous update from Vaccine. Hope you see what I mean here and I do respect all opinion. Thanks.

menort

1,006 posts

Posted by menort > 2020-08-29 00:06 | Report Abuse

bad news for vaccine if rmco extended

Kira_Kura

133 posts

Posted by Kira_Kura > 2020-08-29 09:39 | Report Abuse

Guess what. Mco will help on Vaccine stock instead. Ppl getting frustrated and eagerly hope for CURE from any country. Wow. China gonna shot 2nd gun after Russia? Next trading day will be red Sea for glove stock again while Solution will catch up? XD

CrapTree

4,356 posts

Posted by CrapTree > 2020-08-29 10:08 | Report Abuse

Vaccine... is for all.... just like tb smallpox n rubella...

Now hpv and hep b also join in the line... its here to stay for the long run n maybe conpulsory for all for long run

Once all people are vaccinated... demand for glove and mask will drop....

Vaccine will be made more affordable when more is approved for usage....

Its for the longhaul

pang72

49,693 posts

Posted by pang72 > 2020-08-29 11:35 | Report Abuse

Bantai pergi rm1 next week..

I will shout huat rrrrrrrrrrrr88888888!

Kira_Kura

133 posts

Posted by Kira_Kura > 2020-08-29 11:58 | Report Abuse

What the hell got sifu like this.. Too bad. So the truth is they already sold Glove and buy vaccines instead? Guys, sell all Glove as fast as you can and hold Bintai and Solution. Whichever done first also can, China serve Middle East, China, Asia, while US serve Europe, and some other Asia. No contradict in market.

WarrenL

114 posts

Posted by WarrenL > 2020-08-29 12:03 | Report Abuse

Which Sifu? Let me check.

DrHash

190 posts

Posted by DrHash > 2020-08-29 16:45 | Report Abuse

All big guns here

menort

1,006 posts

Posted by menort > 2020-08-29 22:15 | Report Abuse

Sell it quickly on Tuesday. Rmco extended Bad news for vaccine and the pump and dump will try to offload it on Tuesday.

Zahra2016

102 posts

Posted by Zahra2016 > 2020-08-29 23:01 | Report Abuse

Menort mau beli harga murah..hahaha ... don't sell

Zahra2016

102 posts

Posted by Zahra2016 > 2020-08-29 23:03 | Report Abuse

Tuesday harga akn Naik..

pang72

49,693 posts

Posted by pang72 > 2020-08-29 23:57 | Report Abuse

Tuesday expected rocket up..

China vaccine is approved for emergency used on Sept for Frontline staff

Up_again

949 posts

Posted by Up_again > 2020-08-30 01:56 | Report Abuse

Menort every forum also ask people sell one hahaha

Kira_Kura

133 posts

Posted by Kira_Kura > 2020-08-30 08:36 | Report Abuse

Sure things. Tuesday is show time of vaccine stocks. Both Bintai and Solution will soar! Menort, please top up more in glove stock. I can see all this sifu and fake sifu are secretly/openly dumped their stock and keep asking others to buy their dumped price. Whree all this sifu and fake sifu go? Sure Bintai and Solution! They will comenout after 100percent gain soon!

WarrenL

114 posts

Posted by WarrenL > 2020-08-30 10:06 | Report Abuse

True. Foresee it can be more than RM1 by next week. Awesome!

pang72

49,693 posts

Posted by pang72 > 2020-08-30 11:11 | Report Abuse

China vaccine was approved for emergency used for Frontline.
Russia vaccine was approved too!

The next US or EU vacvine approval will trigger the super rally for vaccine stocks from pharma, dpharma as leader (like top glove and Supermx)
Bintai and solution (like hlt and careplus)

stockraider

31,556 posts

Posted by stockraider > 2020-08-30 11:15 | Report Abuse

Don Get con loh...!!

Don be sohai betting on dpharma & pharmaniaga on vaccine loh...!!

Apa covid19 vaccine ada ?
Dpharma & pharmaniaga people will give u a silly answer TAK TAHU LOH !

Surely this people just want to goreng & u will be sucker if u buy loh..!!

Pick vaccine loh...!!

Yes Solution with cansino vaccine is the answer to Covid 19 epidemic loh.!

Just buy some & keep lah...very steady loh...!!

Posted by Mabel > Aug 30, 2020 11:06 AM | Report Abuse

Now that my Gloves collection are already on auto cruise...

With Profits from Gloves, I'm now ready to enter the vacinne play.

Which is better Dpharma or Pharma?

Looking forward to hear from you.

Meow

TrendLai

407 posts

Posted by TrendLai > 2020-08-30 11:16 | Report Abuse

@72 Agreed!
pharma Dpharma bintai solution and Titijaya

Kira_Kura

133 posts

Posted by Kira_Kura > 2020-08-30 11:53 | Report Abuse

Quickly go and check, Those investment com and fake sifu will tell you dmand of glove is still there. In fact, They all sold it secretly before you know. God damn! Sell all Glove now! Will drop a lot next week, worst is go back to original price. Is pure goreng for glove stock now. Only Ambank is honest and earn our respect. Ambank already downgraded glove stock and published it! Ambank said glove has reached their limit!

DickyMe

14,634 posts

Posted by DickyMe > 2020-08-30 12:53 | Report Abuse

Back to 40 sen.

Kira_Kura

133 posts

Posted by Kira_Kura > 2020-08-30 14:11 | Report Abuse

Genius! Going up to Rm4 by end of 2020.

pang72

49,693 posts

Posted by pang72 > 2020-08-30 15:34 | Report Abuse

It will be the hottest stock daily throught out next 3 mons with all vaccine news all over the world

Chang Wt

325 posts

Posted by Chang Wt > 2020-08-30 16:21 | Report Abuse

[ BINTAI ] - A Closer Look at its MOU with GENERAX and Future Share Price Potential

https://klse.i3investor.com/blogs/changwt/2020-08-30-story-h1512605035-__BINTAI_____A_Closer_Look_at_its_MOU_with_GENERAX_and_Future_Share_Pri.jsp

pang72

49,693 posts

Posted by pang72 > 2020-08-30 16:58 | Report Abuse

Thanks Chang.
Very good article.
Hope many benefit from it!

It is a simple investment..

Vaccine is next big thing in 3 mons..

HOW MUCH GLOVE RAISE IN THE PAST WILL BE DUPLICATED IN VACCINE.

TOP GLOVE 26...PHARMANIGA 26...

CAREPLUS 3.47...Bintai 3.47..

pang72

49,693 posts

Posted by pang72 > 2020-08-30 17:01 | Report Abuse

Rm450mils ringgit revenue project!!

Apa Lu tunggu!!

BearishTrend

1,296 posts

Posted by BearishTrend > 2020-08-30 17:21 | Report Abuse

Bintai tp Rm1

DrHash

190 posts

Posted by DrHash > 2020-08-30 17:34 | Report Abuse

Dickyme what is back to 40cents

Aramco

1,560 posts

Posted by Aramco > 2020-08-30 17:45 |

Post removed.Why?

Aramco

1,560 posts

Posted by Aramco > 2020-08-30 17:50 | Report Abuse

Chinese pharmaceutical maker in talks for early Covid-19 vaccine approval


(Aug 29): Chinese pharmaceutical maker CanSino Biologics Inc is in talks with several countries to allow its coronavirus vaccine that’s in development to be used on small groups of people before large-scale safety and effectiveness trials are completed, the Wall Street Journal reported.

The company is speaking to Pakistan, several Latin America countries and some developed nations, the paper said, citing Pierre Morgon, senior vice president for international business at CanSino. Doses could be administered to health-care and other frontline workers if emergency approval is granted, the report said, adding that none have agreed to allow it yet.

The Chinese military has permitted the use of the CanSino vaccine before the completion of large-scale final testing, the report said, citing a company filing.



NOTE : Doses could be administered to health-care and other frontline workers if emergency approval is granted, the report said, adding that none have agreed to allow it yet.

Aramco

1,560 posts

Posted by Aramco > 2020-08-30 17:53 | Report Abuse

Sinovac's coronavirus vaccine candidate approved for emergency use in China — source
Roxanne Liu
/
Reuters

August 29, 2020 19:54 pm +08


State media Xinhua reported late on Friday that two vaccine candidates were approved in June for the emergency use program launched in July, without identifying the specific products.

Officially, China has given little details on which vaccine candidates have been given to high-risk people under the emergency use programme and how many people have been vaccinated.

In June, prior to the emergency use programme, employees at state firms travelling overseas were allowed to take one of the two vaccines being developed by CNBG, state media Global Times reported. China's military had also approved the use of CanSino Biologics' vaccine candidate.

Seven vaccines against the coronavirus are in final trial stages around the world, and four of them are from China.

But no vaccine has yet passed the final stage of trials proving it is safe and effective — conditions usually required to be met to get regulatory approval for mass use. Covid-19 has killed over 800,000 people worldwide.


NOTE:But no vaccine has yet passed the final stage of trials proving it is safe and effective — conditions usually required to be met to get regulatory approval for mass use. Covid-19 has killed over 800,000 people worldwide.

Aramco

1,560 posts

Posted by Aramco > 2020-08-30 17:55 |

Post removed.Why?

Kira_Kura

133 posts

Posted by Kira_Kura > 2020-08-30 18:30 | Report Abuse

Wa.. Seems like there is party here. Why all keep spamming. Promote is not like this. Share great news and happiness pls.. Dont tease and judge others. Anyway, minimum Rm1. 2 for Bintai and Solution next week. Buy and get profit. Don't miss the boat!

Aramco

1,560 posts

Posted by Aramco > 2020-08-30 18:31 | Report Abuse

Bintai will limit down 2 days next week n back to below 0.10 again
All holders should cut loss immediately or else will burnt to hell
Very obvious is a highly speculated stock by shark n syndicate
All vaccine news are fraud n trick u all ikan bilis

Aramco

1,560 posts

Posted by Aramco > 2020-08-30 18:31 | Report Abuse

Date Open High Low Close Volume Value Transactions
Week : 35
28/08/2020 0.700 0.745 0.685 0.720 48.064m 34.247m 4,257
27/08/2020 0.655 0.835 0.560 0.665 158.693m 115.324m 14,887
26/08/2020 0.710 0.940 0.700 0.700 297.266m 251.374m 26,334
25/08/2020 0.415 0.705 0.410 0.705 515.161m 306.997m 29,790
24/08/2020 0.280 0.405 0.260 0.405 176.165m 58.625m 8,397
Week : 34
21/08/2020 0.220 0.265 0.215 0.255 26.395m 6.284m 1,445
19/08/2020 0.240 0.240 0.205 0.215 13.148m 2.902m 984
18/08/2020 0.250 0.415 0.200 0.245 132.334m 40.264m 8,652
17/08/2020 0.155 0.210 0.155 0.210 41.857m 7.773m 1,617
Week : 33
14/08/2020 0.125 0.150 0.125 0.145 19.101m 2.626m 704
13/08/2020 0.110 0.130 0.110 0.120 5.145m 605,445.50 160
12/08/2020 0.105 0.105 0.100 0.105 826,700 85,021.00 24
11/08/2020 0.110 0.115 0.110 0.110 692,400 76,449.00 35
10/08/2020 0.105 0.110 0.105 0.110 984,700 104,736.00 28
Week : 32
07/08/2020 0.115 0.120 0.110 0.110 1.529m 173,792.50 63
06/08/2020 0.110 0.115 0.105 0.110 2.537m 275,173.50 47
05/08/2020 0.100 0.110 0.100 0.110 1.112m 117,022.50 41
04/08/2020 0.100 0.100 0.095 0.100 280,200 27,320.00 14
03/08/2020 0.095 0.100 0.095 0.100 47,100 4,475.00 5
Week : 31
30/07/2020 0.100 0.105 0.100 0.100 130,300 13,031.00

pang72

49,693 posts

Posted by pang72 > 2020-08-30 18:47 | Report Abuse

https://www.nst.com.my/business/2020/08/620672/ho-wah-responded-second-communication-us-fda-new-vaccine

ALL VACCINE COUNTERS HOT AND SPICY NEXT TUESDAY!!

pang72

49,693 posts

Posted by pang72 > 2020-08-30 18:52 | Report Abuse

Good news out one by one!

Aramco

1,560 posts

Posted by Aramco > 2020-08-30 19:28 | Report Abuse

All vaccine news alrd old news n will fall like waterfall
Watch out ur pockets there a big hole in it

Aramco

1,560 posts

Posted by Aramco > 2020-08-30 19:29 | Report Abuse

Sinovac's coronavirus vaccine candidate approved for emergency use in China — source
Roxanne Liu
/
Reuters

August 29, 2020 19:54 pm +08


State media Xinhua reported late on Friday that two vaccine candidates were approved in June for the emergency use program launched in July, without identifying the specific products

NOTE:But no vaccine has yet passed the final stage of trials proving it is safe and effective — conditions usually required to be met to get regulatory approval for mass use. Covid-19 has killed over 800,000 people

Aramco

1,560 posts

Posted by Aramco > 2020-08-30 19:30 | Report Abuse

(Aug 29): Chinese pharmaceutical maker CanSino Biologics Inc is in talks with several countries to allow its coronavirus vaccine that’s in development to be used on small groups of people before large-scale safety and effectiveness trials are completed, the Wall Street Journal reported.

The company is speaking to Pakistan, several Latin America countries and some developed nations


NOTE : Doses could be administered to health-care and other frontline workers if emergency approval is granted, the report said, adding that none have agreed to allow it yet.

Aramco

1,560 posts

Posted by Aramco > 2020-08-30 19:44 | Report Abuse

pharma duopharma,bintai,solution confirm is a con counter la, no real stock on hand no production no profit (extra profit generate from vaccine) no nothing people goreng like no tomorrow... sor hai

Posted by daytona123 > 2020-08-30 20:00 | Report Abuse

Always call ppl sor Chai that means u didn’t come out from there as well

nick88

8 posts

Posted by nick88 > 2020-08-30 20:44 | Report Abuse

Guys. vaccine counter is just mainly in packaging for vaccine which produce by other countries. but not the one to produce vaccine, summore the stock price for vaccine counter is overvalued and they don't even come out with any positive result. please think about it before invest in vaccine counter.

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