BINASTRA CORPORATION BERHAD

KLSE (MYR): BNASTRA (7195)

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Last Price

1.26

Today's Change

+0.01 (0.80%)

Day's Change

1.25 - 1.30

Trading Volume

1,441,200


12 people like this.

12,444 comment(s). Last comment by troy88 2 weeks ago

VenFx

14,784 posts

Posted by VenFx > 2017-10-20 16:26 | Report Abuse

0.880 shall be its immediately support, a break away of 0.940 may test 1.00 again .

kennyku

494 posts

Posted by kennyku > 2017-10-20 16:30 | Report Abuse

High985..... now 910 hahaha... all sure kena trap who ever buy high....

calvintaneng

56,156 posts

Posted by calvintaneng > 2017-10-20 16:37 | Report Abuse

VenFx,

For Pba to go up Mr. Lim Guan Eng should just declare a higher dividend.

Then Pba will move up.

VenFx

14,784 posts

Posted by VenFx > 2017-10-20 16:39 | Report Abuse

Thx CAlvin,

Hope have good news soon from PBA .

Posted by Andersonlim > 2017-10-20 16:48 | Report Abuse

After news post in newspaper. Another wave will coming. Wait for coming monday only make decision to sell or keep

sticky

13 posts

Posted by sticky > 2017-10-20 16:56 | Report Abuse

I thinks the future revenue - Advanced metering infrastructure (AMI) is under BCM Electronics,
then, the directors are selling the company golden egg to Aurelis Holdings.

brightsmart

3,784 posts

Posted by brightsmart > 2017-10-20 16:56 | Report Abuse

read the rational for the disposal, very educational.

sticky

13 posts

Posted by sticky > 2017-10-20 17:00 | Report Abuse

After disposal the BCM, the comcorp financial position will be :-
Sims business - Net loss -(3.1m) base on 31.7.2017
green waste management and waste-to-energy businesses - nil
Worth to buy?

brightsmart

3,784 posts

Posted by brightsmart > 2017-10-20 17:04 | Report Abuse

study trading pattern of other companies selling their principal subsidiary with large dividends coming............worth the effort.

AllWin

782 posts

Posted by AllWin > 2017-10-20 17:24 | Report Abuse

look at the report.. they will realise one off gain of eps RM 0.55 cents per share and and their renewable energy are set to fully commission and start revenue on 4th quarter.

The Company is expected to realise a one-off gain on disposal of approximately RM76.3
million (after netting off Transaction Costs) arising from the Proposed Disposal based on the
audited consolidated financial statements of Comcorp for the FYE 31 January 2017, this
represents an EPS of approximately RM0.55 per Comcorp Share

Additionally, the Board also views the Proposed Disposal as an opportunity for the Company
to reprioritises its business focus and resources into further growing its existing waste-toenergy
business. Its maiden waste-to-energy 2 megawatt plant in Kuang (“Kuang IPP”) is
expected to be fully commissioned and revenue generating in the fourth quarter of the
financial year ending 31 January 2018. The Kuang IPP will provide a recurring income to the
Comcorp Group. The Company also intends to venture into the green waste management
business

Posted by Jackylau10 > 2017-10-20 17:36 | Report Abuse

Short term targwt 1.20 by next week

Posted by Jackylau10 > 2017-10-20 17:39 | Report Abuse

Look at rev after dividend of 47 cent...and it still keep going up till now...worth to keep

SALAM

1,069 posts

Posted by SALAM > 2017-10-20 18:24 | Report Abuse

ASSETS STRIPPING !!!

十强

5,194 posts

Posted by 十强 > 2017-10-20 18:45 | Report Abuse

October 20, 2017 @ 5:50pm
KUALA LUMPUR: Comintel Corp Bhd is sellling its electronic manufacturing services unit BCM Electronics Corp Sdn Bhd, for RM123.8 million, to a company partly owned by its executive director Loh Hock Chiang.

Comintel, in its filing to Bursa Malaysia today, said BCM Electronics provides turnkey manufacturing services and this planned sale gives it an opportunity to unlock and realise the value of its investment in the unit.

By selling BCM Electronics Corp to Aurelius Holdings Sdn Bhd, Comintel said it stands to realise a one-off gain of RM76.3 million.

“Given the highly competitive and specialised nature of the EMS industry, there is limited leverage to further increase the competitive edge of the Comcorp Group in the EMS and EMS-related industries,” Comintel said.

BCM Electronics provides printed circuit board assembly, sub-system assembly and box build manufacturing services to original equipment manufacturers of telecommunication equipment, network equipment, tracking and monitoring devices, power solutions and telemetric products.

Comintel inked a conditional share sale agreement (SSA) with Aurelius, in which Loh and BCM Electronics chief executive officer Lee Chong Yeow @ Lee Chong Yan, each owns equal parts of Aurelius.

As at 31 July 2017, Comintel Group owes RM11.5 million to BCM Electronics. Following the sale, Comintel will see a net proceed of RM112.3 million.

Comintel plans to distribute most of the proceeds — tentatively 45 sen per share or RM63 million — as a special cash dividend to its shareholders.

The remainder will be used for Comintel’s green waste management and waste-to-energy businesses, working capital and to defray estimated expenses from the proposed sale.

Posted by optimusprimeXV > 2017-10-20 19:25 | Report Abuse

hoho I really felt sad for those have dump..I have dump mine now..Now I am going to go buy DNEX..who is joining me

Posted by Winningpost > 2017-10-20 19:30 | Report Abuse

I'm on board first time on this boat...50% discount by virtue of it's 45sen dividend payout for a 92 sen stock.
More people will joinin the fray after the news is absorbed by market .
Will crossed 1.10 Mark with ease next week!

sheep

3,849 posts

Posted by sheep > 2017-10-20 19:50 | Report Abuse

After dividend, price will readjust and it will stay below 40sen.. good business gone. left with waste management..it's a waste. what else..
wakakaka

brightsmart

3,784 posts

Posted by brightsmart > 2017-10-20 19:52 | Report Abuse

look at rev, look at Alcom..........

still got money to make



Posted by Jackylau10 > Oct 20, 2017 05:39 PM | Report Abuse

Look at rev after dividend of 47 cent...and it still keep going up till now...worth to keep

十强

5,194 posts

Posted by 十强 > 2017-10-20 20:12 | Report Abuse

so how monday? continue rally?

Posted by stockintalk > 2017-10-20 22:01 | Report Abuse

Comcorp 45 cent dividen,
让我回想起PUNCAK。

Posted by stockintalk > 2017-10-20 22:03 | Report Abuse

PUNCAK的RM1.00 dividend,对的是派发了股东们,
可是现今的PUNCAK呢就.......

Posted by stockintalk > 2017-10-20 22:04 | Report Abuse

小心买卖.

Cikam

1,720 posts

Posted by Cikam > 2017-10-20 23:41 | Report Abuse

Wow..aku tak paham

brightsmart

3,784 posts

Posted by brightsmart > 2017-10-20 23:46 | Report Abuse

get the timing right by studying the past...rev, alcom.

ivan9511

3,854 posts

Posted by ivan9511 > 2017-10-21 01:10 | Report Abuse

actually for me still ok. I already earn 30% of this .
hope all the best
but I think will going up
just my sense

Ameera

2,921 posts

Posted by Ameera > 2017-10-21 08:41 | Report Abuse

wow...RM1.30....

Cikam

1,720 posts

Posted by Cikam > 2017-10-21 12:27 | Report Abuse

Ahhh beli simpan..dapat dividen..releks..green waste managment confirm jalan punya..tnb to spend like a lot..

dxbman

894 posts

Posted by dxbman > 2017-10-21 13:17 | Report Abuse

Monday above 1.00. Those already sold on Friday will regret big time.

riko

2,727 posts

Posted by riko > 2017-10-21 13:49 | Report Abuse

kaki kong kaki song

Posted by Winningpost > 2017-10-21 14:50 | Report Abuse

I bet it will go up above 1.00 Monday.

paktua73

18,456 posts

Posted by paktua73 > 2017-10-21 15:13 |

Post removed.Why?

Posted by chewysoon82 > 2017-10-21 16:41 | Report Abuse

http://www.enanyang.my/news/20171021/热门股科米特机构上挑rm1-11/

gohkimhock

3,072 posts

Posted by gohkimhock > 2017-10-21 17:28 | Report Abuse

with the crown jewel gone, how is the company going to survive in the future?

Posted by pakatan_harapan2 > 2017-10-21 17:40 | Report Abuse

Puncak, Rev Asia style?

rr88

6,532 posts

Posted by rr88 > 2017-10-21 17:58 | Report Abuse

Basic also dont know ka. Highest was 0.98 friday. Closed at 0.915 only. Which means no good da.

AllWin

782 posts

Posted by AllWin > 2017-10-21 18:01 | Report Abuse

gohkimhock, answer as below..

Its maiden waste-to-energy 2 megawatt plant in Kuang (“Kuang IPP”) is
expected to be fully commissioned and revenue generating in the fourth quarter of the
financial year ending 31 January 2018. The Kuang IPP will provide a recurring income to the
Comcorp Group

This contract with TNB last for 16 years.

Solo

244 posts

Posted by Solo > 2017-10-21 22:08 | Report Abuse

Comcorp sell because they want to focus on waste energy with TNB.
I think good ba

Cikam

1,720 posts

Posted by Cikam > 2017-10-22 09:04 | Report Abuse

Business with tnb no rugi punya..

LA777

3,383 posts

Posted by LA777 > 2017-10-22 09:11 | Report Abuse

Game just started, don't worry too much.

Posted by Jeffreychuah > 2017-10-22 21:18 | Report Abuse

True, definitely it still can go high on Monday or this week as the game just begin.. similar to rev

VenFx

14,784 posts

Posted by VenFx > 2017-10-22 21:47 | Report Abuse

Dear amy898,
Tp#1 $1.05
Tp#2 $1.12

Week low est. : $0.88
Always wise to preserve your profit by setting your exit by 2-3 tranches.

All the best.

Davidl

1,816 posts

Posted by Davidl > 2017-10-22 22:55 | Report Abuse

2nd limit up by tomorrow!

thesteward

6,781 posts

Posted by thesteward > 2017-10-23 08:37 | Report Abuse

agree

ESPESP

298 posts

Posted by ESPESP > 2017-10-23 08:42 | Report Abuse

Comcorp
Lets go again

lloydlim

3,965 posts

Posted by lloydlim > 2017-10-23 08:53 | Report Abuse

Breaking 1.00 today!

WM Niaga

1,406 posts

Posted by WM Niaga > 2017-10-23 08:54 | Report Abuse

Limit up!!!

Posted by stayfocused > 2017-10-23 09:06 | Report Abuse

No show

newbull

90 posts

Posted by newbull > 2017-10-23 09:12 | Report Abuse

what happen ?why drop so much?

Jarongan

324 posts

Posted by Jarongan > 2017-10-23 09:23 | Report Abuse

Big shark is selling off

greedy44

735 posts

Posted by greedy44 > 2017-10-23 09:24 | Report Abuse

Jewel of the company gone already...

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