Posted by JENNY6088 > 2014-01-01 18:15 | Report Abuse

（吉隆坡31日讯）嘉年建筑（BGYEAR，7023，主板建筑股）董事经理巫宪章预料，最快在2014年杪转亏为盈，并脱离PN17公司行列。

巫宪章今天在股东常年大会结束后表示，将于2014年2月份上呈重组计划书给马交所。

“现在的重组计划书已在最后修饰阶段，希望能够在明年2月份上呈，让马交所审核。”

首季亏51.6万

他表示，若一切顺利，嘉年建筑将执行该计划书的内容，包括了融资和竞投新合约，以在2014年杪或2015年初达到连续两季转亏为盈，以及脱离PN17公司行列的目标。

截至2013年9月30日财年首季，嘉年建筑净亏51万6000令吉，较上财年同期净亏9052万7000令吉收窄许多。

手持订单2.5亿

目前，嘉年建筑订单总值为2亿5000万令吉，大部分工程合约位于柔佛。

“惟在马交所通过计划书后，我们才能够筹资进行未来的发展计划，例如竞投更多合约。”

巫宪章指出，现阶段将以重组计划书和手上合约为重，但不排除会开始物色和筹备竞投新合约。
国内市场的建筑领域还很活跃，同行拥有很大的发展计划，当然也包括我们。”

他续称：“未来，我们将把目光放在吉隆坡和柔佛地区上。”

相信是受到这项利好消息激励，嘉年建筑股价大幅攀升，闭市时报16.5仙，起2仙或13.8%，成交量有41万2800股。

多元化至房产业

嘉年建筑也在稍前宣布，以1000万令吉买入柔佛产业发展商Astinas建筑和发展私人有限公司，巫宪章由此披露，未来将多元化业务至房地产发展。

“我们希望通过Astinas建筑和发展，进入产业发展领域。但一切必须待我们转亏为盈和脱离PN17公司行列之后再说。”

去年杪，嘉年建筑因需自行负担一笔总值2960万令吉的工程款额，因而抵触上市条例而被列为PN17公司。

Posted by volks2 > 2014-01-02 10:21 | Report Abuse

more and more good news r coming..ole ole ole.

Posted by willc48 > 2014-01-04 22:49 | Report Abuse

BGYear certainly a good buy but has to waiting after share reduction of either 1:3 or 1:4. Heard also each share will reduced by 80% and re-issue with a new one at RM0.28 per share

Posted by mazli > 2014-01-05 09:16 | Report Abuse

Good counter coming soon up and good conment

Posted by volks2 > 2014-01-09 16:48 | Report Abuse

0.22 now...got chance

Posted by Mohd Zaini > 2014-01-09 22:18 | Report Abuse

still very safe to enter... :) TP : 0.40....0.60..

Posted by tjhldg > 2014-01-10 00:58 | Report Abuse

vol pls

Posted by volks2 > 2014-01-10 08:50 | Report Abuse

yes..more to come.

Posted by koyak71 > 2014-01-10 09:52 | Report Abuse

aiyo..sudah naik ka

Posted by volks2 > 2014-01-10 09:57 | Report Abuse

0.28 now

Posted by koyak71 > 2014-01-10 10:08 | Report Abuse

aiyo...sudah masuk 0.27 sekalang .24..mampus !!!!!!!!!

Posted by koyak71 > 2014-01-10 10:20 | Report Abuse

sudah masuk trap daaa

Posted by volks2 > 2014-01-10 10:23 | Report Abuse

apa sal takut, some of the ppl profit taking mah, it's very common but believe me, more to come.

Posted by koyak71 > 2014-01-10 10:28 | Report Abuse

ok volks,,thanks .. i will hold it la until .40

Posted by volks2 > 2014-01-10 10:57 | Report Abuse

ok..let's make $ together, hope can get a big CNY angpow.

Posted by koyak71 > 2014-01-10 12:45 | Report Abuse

Yeah..

Posted by JENNY6088 > 2014-01-11 20:43 | Report Abuse

if 0.30 above , i will sell

Posted by koyak71 > 2014-01-11 21:57 | Report Abuse

Jenny, what price u buy in ?

Posted by iswara > 2014-01-12 10:56 | Report Abuse

SEEMS YOU ARE NOT CONFIDENT

Posted by koyak71 > 2014-01-12 18:56 | Report Abuse

Last friday i also worried bgyear price fluctuate. I heard that bgyear already take over other construction company with project in hand. Thats why bgyear confident to uplift from pn17. So far bgyear already reach 30 cents last month..No problem to hit more than 40 cents.

Posted by volks2 > 2014-01-13 14:39 | Report Abuse

yes...I think b4 CNY can go to 40 cents then we can get a Big ANgpow from bgyear.

Posted by koyak71 > 2014-01-13 15:08 | Report Abuse

resistance is 0.27 for further upwards..

Posted by JENNY6088 > 2014-01-13 16:55 | Report Abuse

kikiki , koyak71 , my cost less than 0.16

Posted by koyak71 > 2014-01-13 19:03 | Report Abuse

Wah..thats good. I buy in last time at 12 cent oledi sold at 24 cent. Last week I buy again at 27 cents now drop to 23 cent. Just wait rebound

Posted by Mohd Zaini > 2014-01-14 11:04 | Report Abuse

from 0.07 with love...but now my average cost is 0.105/share..

Posted by koyak71 > 2014-01-14 14:48 | Report Abuse

zaini..what yur TP for this counter ?

Posted by koyak71 > 2014-01-15 11:51 | Report Abuse

bgyear mati keras aje nih !!!!!!!!!

Posted by Mohd Zaini > 2014-01-15 16:58 | Report Abuse

not much...just 60 cent..coz..uplift from PN17 by end of this year and good potential for construction sector in 2014..hopefully they can get more project.

Posted by koyak71 > 2014-01-16 22:47 | Report Abuse

Today very disappointed in morning session, evening really do well last 1.5 hour..is it a sign to move upwards ? Resistance is at 0.265 cents still not reach yet.

Posted by E R > 2014-01-20 09:14 | Report Abuse

watch this stock.. hahaha..

Posted by E R > 2014-01-20 09:18 | Report Abuse

let's watch this stock.. 35sen resistance.. hahaha

Posted by E R > 2014-01-20 09:21 | Report Abuse

uplift from pn17.. hahaha

Posted by E R > 2014-01-20 09:48 | Report Abuse

watch closely this counter... hahaha

Posted by volks2 > 2014-01-20 11:02 | Report Abuse

yes..watch closely, next week should be coming.

Posted by tjhldg > 2014-01-20 14:26 | Report Abuse

potong stim !

Posted by tjhldg > 2014-01-20 14:27 | Report Abuse

let sell above .30 ... huat aar

Posted by JENNY6088 > 2014-01-20 20:48 | Report Abuse

yea , sell above 30 cents

Posted by E R > 2014-01-21 09:24 | Report Abuse

again.. watch this counter closely.. hahaha

Posted by volks2 > 2014-01-27 10:20 | Report Abuse

profit taking???

Posted by catl > 2014-03-02 14:58 | Report Abuse

@Mohd Zaini - what do you smell ? Can you elaborate? This counter has suddenly been lull with low volume. Hope it picks up

Posted by volks2 > 2014-03-07 09:23 | Report Abuse

something is slowly brewing

Posted by Eric Chia Chin Hin > 2014-04-01 18:04 | Report Abuse

oic

Posted by Eric Chia Chin Hin > 2014-04-01 18:16 | Report Abuse

KUALA LUMPUR: Financially distressed Bina Goodyear Bhd is hopeful of returning to the black this year or by early 2015, once it receives Bursa Malaysia’s green light to carry out its revamp plan.

Having slipped into Practice Note (PN) 17 category in November 2012, the company is in the finalisation stage of its restructuring plan, which it intends to submit to Bursa by early February.

The construction and building contractor will need to report two consecutive quarters of profit before it is able to exit its PN17 status.

The restructuring plan includes its acquisition of Astinas Construction & Development Sdn Bhd’s (ACD) construction business for RM10mil, which would enable it to rebuild its construction business and immediately enhance its revenue and profits.

The acquisition furnishes it with a construction orderbook of RM250mil, predominantly for projects in Johor.

“The agreement has been signed, and we are now doing the due diligence,” managing director Moo Hean Chong told reporters after the company AGM.

Meanwhile, executive director Eng Kim Leng said the company would begin to bid for more projects once it was in good financial position and had recapitalised.

Shares in the company rose to as high as 18 sen yesterday, ending the day at 16.5 sen, with 412,800 shares being done.

Bina Goodyear has been involved in “fairly prestigious” projects, including the Palace of Justice in Putrajaya, Masjid Sultan Salahuddin in Shah Alam, and several buildings in KL Sentral and Mont’ Kiara.

“We are quite established and have a very good track record … there are so many projects out there, but very few parties are able to deliver them,” said Eng.

Its focus is currently predominantly on construction projects in the Klang Valley and Johor, via ACD. However, it does not rule out bidding for profitable projects in the future within the country.

Eng added that the orderbook of RM250mil would be able to last it for two years. “I think for public-listed companies of good standing, we’d normally go for a minimum of a few hundred million. Anything less than an orderbook of about RM300mil is too small,” he said.

Bina Goodyear will fund the acquisition of ACD via a rights issue and private placement, which is part of the restructuring plan.

It has proposed a rights issue of up to 254.4 million new shares on the basis of 50 rights shares for every Bina Goodyear share held.

It will also undertake a private placement of 50 million shares to investors who have yet to be identified, at an issue price of 10 sen per share.

Additionally, it is acquiring 28% of property developer Ontime Privilege Sdn Bhd for RM9.63mil via the issuance of 96.3 million new Bina Goodyear shares.

Although this provides the company with the opportunity to venture into property development, Moo said the focus would remain on construction.

The restructuring plan also entails a capital restructuring exercise, offer for subscription, and scheme of arrangement.

According to its previous filing with Bursa, Bina Goodyear aims to raise RM35.27mil from the rights issue and private placement, which will be primarily used as working capital, and the scheme of arrangement, acquisition of construction projects, and expenses relating to the restructuring scheme.

Posted by PN17player > 2014-04-22 15:52 | Report Abuse

pending regulation plan with deadline in May

Posted by eu7985 > 2014-05-15 21:56 | Report Abuse

Another hexagon, will be suspended soon

Posted by wren > 2014-05-29 17:50 | Report Abuse

dead...

Posted by kimssiat > 2014-08-06 23:47 | Report Abuse

0.05 cent today.

Posted by cariayam > 2014-08-07 00:01 | Report Abuse

betoi2 koyakkkkkkkkkkk

Posted by kimssiat > 2014-08-08 17:03 | Report Abuse

0.06

Posted by plasticdude89 > 2014-08-14 12:37 | Report Abuse

gone case? sigh..