BINASTRA CORPORATION BERHAD

KLSE (MYR): BNASTRA (7195)

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Last Price

1.37

Today's Change

-0.03 (2.14%)

Day's Change

1.34 - 1.38

Trading Volume

5,791,100


12 people like this.

12,444 comment(s). Last comment by troy88 3 weeks ago

Icon8888

18,658 posts

Posted by Icon8888 > 2015-12-19 18:54 | Report Abuse

Guys thanks for the info. I will hug this stock tight tight until you cannot see the sunshine

Another VS in the making

Alpha Trader

1,983 posts

Posted by Alpha Trader > 2015-12-19 19:05 | Report Abuse

Icon, I am with you, the company other division has been recognising losses of RM5-6m per quarter, if that is getting rid off, wow, RM3 is not a dream, definitely next year the company can make 12eps, worst case rm1.20

Icon8888

18,658 posts

Posted by Icon8888 > 2015-12-19 19:14 | Report Abuse

When I am free, I will write about the details that u highlighted

This is a Koon Bee stock. Koon Bee likes liquid stock, and this stock is super liquid

Posted by Lew Peik Yin > 2015-12-19 23:01 | Report Abuse

Icon, still can buy in now?

PlsGiveBonus

3,749 posts

Posted by PlsGiveBonus > 2015-12-19 23:09 | Report Abuse

Buy back on correction
Any stock will have correction no matter how good they are

PlsGiveBonus

3,749 posts

Posted by PlsGiveBonus > 2015-12-19 23:12 | Report Abuse

Keep your cash until the next correction
In case you are short of cash to buy on correction.
It will be a mistake

Icon8888

18,658 posts

Posted by Icon8888 > 2015-12-19 23:15 | Report Abuse

Alpha Trader ha ha ha I said Target Pricec 1.40 already got whacked left right center

But u even better , talk about 3.00

But I agree with you, if they restructure the company, RM3.00 not impossible

Icon8888

18,658 posts

Posted by Icon8888 > 2015-12-19 23:16 | Report Abuse

Ms Lew please don't ask me. I also don't know what will happen on monday

tamarindo

1,008 posts

Posted by tamarindo > 2015-12-20 02:08 | Report Abuse

Better wait... Usually stock that shoot up immediately will pull back the next day..

Koon Bee

325 posts

Posted by Koon Bee > 2015-12-20 09:27 | Report Abuse

Monday come...i will big sapu on this comcorp

Koon Bee

325 posts

Posted by Koon Bee > 2015-12-20 09:29 | Report Abuse

I will sapu anything below 0.55!!

xuewen66

40 posts

Posted by xuewen66 > 2015-12-20 09:48 | Report Abuse

Be rational, your money is not easily earned

Well said yt yeo,

"buying PBB at RM1 is very different to buying it at RM50.

super911

298 posts

Posted by super911 > 2015-12-20 11:45 | Report Abuse

I am very surprise nobody notice the suspicuous huge receivables in the quarter report.

Posted by chiongster1234 > 2015-12-20 12:02 | Report Abuse

super911, sure have people notice it and quietly collect without mention it out only.

byrop

210 posts

Posted by byrop > 2015-12-20 15:20 | Report Abuse

super911, you are right on this high AR + the need to repay current liability of around RM150k.. But on a separate note, they (might) obtain AR financing (for manufacturing) especially if your AR is denominated in stronger currency. Worse case scenario, they should have positive cash flow coming from their future project in 2016. Anyway secondly, at least we see that the inventory is decreasing despite having a substantial COS, hence at least we dun see inventory piling up.

byrop

210 posts

Posted by byrop > 2015-12-20 15:30 | Report Abuse

Honestly, with or without correction, we all are confident that Comcorp is good based on latest good quarterly results and (signed) contract from future revenue. But still cant understand why people out there people is still hoping for XOX, Instaco or Comfort :)

Posted by Alex Lim Jun Xiong > 2015-12-20 16:20 | Report Abuse

Still worth to enter Comcorp tomorrow?
RM1.40?

calvintaneng

56,190 posts

Posted by calvintaneng > 2015-12-20 16:47 | Report Abuse

A REALITY CHECK ON

On the surface Comcorp latest results looked impressive.

A closer scrutiny shows these signs for caution:

1)There is a Jump in Receivables from Rm69 Millions to Rm102 Millions
An increase of Rm32 millions in receivables.

Receivables are iou to be collected later. So wait for actual monies to be received to confirm real profit.

2)There is also a slight increase in both long term and short term borrowing costs.

3)And the surprise is - there is a drop in Net Cash position

As Comcorp price has suddenly surged so much Calvin calls for a sell on Comcorp into strength.

This established voice of wisdom,

"NEVER CHASE A SHARE AFTER IT HAS SUDDENLY GONE UP A LOT; AND NEVER TO SELL A SHARE AFTER IT HAS SUDDENLY GONE DOWN A LOT"

With Dow Jones now in a swoon just like year 1937 when FED tightens interest rate the world markets might be impacted. So please be cautious.

Regards,

Calvin Tan Research

Without fear or favour or any other motive - other than the concern for the welfare and safety of all fellow i3 Forumers.

Koon Bee

325 posts

Posted by Koon Bee > 2015-12-20 16:49 | Report Abuse

Chicken Calvin Tan Eng: Corp corp coro...corp!..CORP!!

jjchan

7,182 posts

Posted by jjchan > 2015-12-20 17:18 | Report Abuse

Bad timing for run up. Next week; short week with T+3 on 23/12 + bearish DJ. Difficult to clear
83M

PlsGiveBonus

3,749 posts

Posted by PlsGiveBonus > 2015-12-20 17:42 | Report Abuse

So easy to value a interim report then why we need an auditor
Cash isn't a big deal as long as it is enough and also the profit isn't bad, if you believe it is a drop you may check on EG latest interim report, may be you will drop your nut

peter123

2,125 posts

Posted by peter123 > 2015-12-20 19:37 | Report Abuse

Due to bad sentiment in US&Europe, i think I won't wait for 0.71, will sell when market opens.

jjchan

7,182 posts

Posted by jjchan > 2015-12-20 19:42 | Report Abuse

I will sell too but already sell 60% on Fri. 10cents profit still very good

Koon Bee

325 posts

Posted by Koon Bee > 2015-12-20 19:43 | Report Abuse

I ald sold all on Friday at 0.645 (cost 0.435)...will collect back if monday pull back of 10% above...if not, i have another good stock to play

kenen

423 posts

Posted by kenen > 2015-12-20 19:48 | Report Abuse

What stock?can intro?tq

Koon Bee

325 posts

Posted by Koon Bee > 2015-12-20 19:50 | Report Abuse

I not yet buy but i am sure 20% at least before xmas

Koon Bee

325 posts

Posted by Koon Bee > 2015-12-20 19:51 |

Post removed.Why?

kenen

423 posts

Posted by kenen > 2015-12-20 19:52 | Report Abuse

Ok.tq.hope hear u soon.

calvintaneng

56,190 posts

Posted by calvintaneng > 2015-12-20 19:53 |

Post removed.Why?

Koon Bee

325 posts

Posted by Koon Bee > 2015-12-20 19:55 |

Post removed.Why?

Ryan88

1,327 posts

Posted by Ryan88 > 2015-12-20 20:00 | Report Abuse

Just sold my property gained 300k profits. Sapu anything below 0.80 tmr. Hohoho merry Christmas

Koon Bee

325 posts

Posted by Koon Bee > 2015-12-20 20:00 | Report Abuse

Calvin Tan Research Top 10 Recommended Stocks

KPSCB Current price: 49.5 cents. Target Price: Rm1.20
PPG Current price: 62 cents. Target Price: Rm1.20
GMUTUAL Current price 42 cents. Target Price: 80 cents
KAMDAR Current price 40 cents. Target Price: 80 cents
MUI Bhd Current price 19.5 cents Target Price 50 cents.
MAHSING Current price: Rm1.37 Target Price: Rm2.00
MULTICO Current Price 92 cents Target Price: Rm2.00
WHITE HORSE Current Price: Rm2.40 Target Price Rm4.00
YILAI Current Price: 86 cents Target Price Rm1.50
MPHBCAP Current Price: Rm1.56 Target Price Rm4.90

Koon Bee

325 posts

Posted by Koon Bee > 2015-12-20 20:01 |

Post removed.Why?

Koon Bee

325 posts

Posted by Koon Bee > 2015-12-20 20:02 |

Post removed.Why?

Koon Bee

325 posts

Posted by Koon Bee > 2015-12-20 20:03 | Report Abuse

Eh..where is your GSB, pmcorp, bjcorp, mulpha that u strong call to buy on big asset play??

Koon Bee

325 posts

Posted by Koon Bee > 2015-12-20 20:04 | Report Abuse

Since when u sell them? Why all those share not in your list??

DreamWarrior

1,242 posts

Posted by DreamWarrior > 2015-12-20 20:04 | Report Abuse

Whoa!!! What's happening here, man.

Koon Bee

325 posts

Posted by Koon Bee > 2015-12-20 20:07 |

Post removed.Why?

Koon Bee

325 posts

Posted by Koon Bee > 2015-12-20 20:11 | Report Abuse

Now u hide at Jurong right? I will dig u out

peter123

2,125 posts

Posted by peter123 > 2015-12-20 20:46 | Report Abuse

Next stock to watch?

Koon Bee

325 posts

Posted by Koon Bee > 2015-12-20 21:01 | Report Abuse

Go
Smart
Boy

Kaboom!!

calvintaneng

56,190 posts

Posted by calvintaneng > 2015-12-20 21:18 |

Post removed.Why?

Koon Bee

325 posts

Posted by Koon Bee > 2015-12-20 21:20 |

Post removed.Why?

Koon Bee

325 posts

Posted by Koon Bee > 2015-12-20 21:21 |

Post removed.Why?

Koon Bee

325 posts

Posted by Koon Bee > 2015-12-20 21:21 | Report Abuse

Yes or not??

Koon Bee

325 posts

Posted by Koon Bee > 2015-12-20 21:23 |

Post removed.Why?

Koon Bee

325 posts

Posted by Koon Bee > 2015-12-20 21:25 | Report Abuse

Seen you not dare to challenge me..like this ok, u use rm100k capital to pick minimal 5 stock, and I use rm90K to pick minimal 5 stock...start from 2/1/16 - 31/12/16...lets see who will win??

Koon Bee

325 posts

Posted by Koon Bee > 2015-12-20 21:28 |

Post removed.Why?

Koon Bee

325 posts

Posted by Koon Bee > 2015-12-20 21:29 | Report Abuse

U can pick 5 best from your 24 and rm100K capital...still not confident meh?

Koon Bee

325 posts

Posted by Koon Bee > 2015-12-20 21:31 |

Post removed.Why?

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