Aphrodile, they said they did sign the agreement with the in charged sector of the US, the building of storing the vaccine is on the track, our government needs to deal with the vaccine through the company as the agent!
i think it's good to appoint someone who is smart to clarify more specifically on behalf of us as the shareholders . the contact number of the company-0327322684
Must run.... no more goreng...new share holder might stop to goreng !!! The game is over, Swith to others counter, tomorrow drop again, chart technically is STRONG SELL
maggiemee turtleking Stock: [BINTAI]: BINTAI KINDEN CORP BHD Dec 10, 2020 6:11 PM | Report Abuse paktua will stand here even no one left.. paktua n team we stand to hold.. we fight on what we believe..
if anyone have a doubt please sell out tomorrow.. no use stand on you also not believe.. have 1000 more counter out side.. we choose to fight here.. we dare to die here until we reach our target..
tut tut nevet care else.. even 1000 people say hate. still have 1000 people say love you dicide
"paktua73 masih holding?' 15/12/2020 3:35 PM
old tua said hold and ask ppl sell if not believe. do you think if their followers see this they will sell? what a syndicate. no eyes see you old tua ar old tua
whenever you appear the stock soon will collapse. it had been proven from the past 1 year.
Interestingly, on the same day, Bintai Kinden's largest shareholder, Bintai Holdings (M) Sdn Bhd, also disposed of 28.5 million shares or a 8.14% stake in the group, reducing its shareholding in the group to 9.05% or 31.69 million shares.
what is there to investigate? they signed some MOUs, they declared it. did they force you all to enter? did you do your due diligence to read and understand what's going on other than pure speculation?
KUALA LUMPUR (Dec 21): The second largest shareholder of Bintai Kinden Corp Bhd, whose share price has seen a roller-coaster ride this year, has sold its entire stake of 50.03 million shares or 14.4% interest in the engineering and construction group.
Nusankota Development Sdn Bhd disposed of its stake in the open market on Dec 16, according to a filing with Bursa Malaysia.
Nusankota Development acquired the stake for RM10.01 million back in March 2017, through a share swap by way of allotment of shares for the acquisition of the entire 100% equity interest in Optimal Property Management Sdn Bhd by Bintai Kinden.
Assuming that Nusankota Development sold the 50.03 million shares at the Dec 16 closing price of 86 sen per share, the total selling price of the stake would be RM43.02 million.
Interestingly, on the same day, Bintai Kinden's largest shareholder, Bintai Holdings (M) Sdn Bhd, also disposed of 28.5 million shares or a 8.14% stake in the group, reducing its shareholding in the group to 9.05% or 31.69 million shares.
The identities of the buyers in both transactions are not immediately known.
Bintai Kinden shares attracted fresh buying interest after the group announced in August a potential partnership with US-based Generex Biotechnology Corp and its subsidiary NuGenerex Immuno-Oncology Inc. The group went on to sign a distribution and licensing agreement with the US firms in October for their Covid-19 vaccine.
The agreement grants the group the exclusive right to distribute, sell and commercialise the vaccine in Southeast Asia. Bintai Kinden also has the right of first refusal to commercially exploit the vaccine in Australia and New Zealand as well as the global halal market.
Bintai Kinden' share price, which had been trading below 20 sen over the past three years, started jumping in August and reached a peak of RM1.37 on Dec 7 before giving up most of the gains. It was trading at 68 sen at the time of writing, giving a market capitalisation of RM239.81 million.
Still, year-to-date, Bintai Kinden's shares have risen 467% from 12 sen.
Anatomy of stock market scams TheStar Sat, Oct 03, 2020 09:40am
"Thirdly, one must look out for companies raising money through share placements, especially if the proceeds are to be used as working capital or to repay loans. "
"Also, if the bulk is used to repay loans, there is also a possibility of the company taking up more loans again. So, why risk taking up a stake in such companies?"
Bintai raised money through Private Placement to partially pay it's debts of RM160 million.
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
Irisoren07
339 posts
Posted by Irisoren07 > 2020-12-21 17:01 | Report Abuse
Run lor. Dont look at this counter