BINASTRA CORPORATION BERHAD

KLSE (MYR): BNASTRA (7195)

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Last Price

1.20

Today's Change

+0.01 (0.84%)

Day's Change

1.18 - 1.20

Trading Volume

366,900


12 people like this.

12,441 comment(s). Last comment by troy88 1 month ago

687423

627 posts

Posted by 687423 > 2018-01-23 19:18 | Report Abuse

Don’t get angry, it’s a compliment in modern time.......

VenFx

14,784 posts

Posted by VenFx > 2018-01-23 23:18 |

Post removed.Why?

kevin008

1,360 posts

Posted by kevin008 > 2018-01-24 07:59 | Report Abuse

the company clarify bursa query
if the vietnam contract sign
operation maintenance contract is 20 years after the waste management plant completed

JAWA 888

136 posts

Posted by JAWA 888 > 2018-01-25 11:51 | Report Abuse

Waaaa buyer's , seller's ..... everyone pulling strength at price 0.80c these few days.

Posted by Kenny Chua > 2018-01-25 18:04 | Report Abuse

Type Announcement
Subject PRACTICE NOTE 17 / GUIDANCE NOTE 3
FIRST ANNOUNCEMENT
Description FIRST ANNOUNCEMENT PURSUANT TO PRACTICE NOTE 17 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD
Pursuant to Paragraph 8.03A(2) and Paragraph 4.0 of Practice Note 17 (“PN 17”) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”), the Board of Directors of Comintel Corporation Bhd (“Comcorp” or “the Company”) wishes to announce that Comcorp is an affected listed issuer (“PN 17 Company”) as it has triggered Paragraph 8.03A(2) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.

Comcorp, have on even date, announced the completion of the disposal of 100% equity interest in BCM Electronics Corporation Sdn Bhd, a wholly-owned subsidiary of Comcorp to Aurelius Holdings Sdn Bhd for a cash consideration of RM123.8 Million.

Hence, Comcorp is now regarded as a PN 17 Company.

Posted by Kenny Chua > 2018-01-25 18:05 | Report Abuse

good or bad?

687423

627 posts

Posted by 687423 > 2018-01-25 18:36 | Report Abuse

You say leh?

Posted by Kenny Chua > 2018-01-25 18:40 | Report Abuse

bad?

The_Reds

2,025 posts

Posted by The_Reds > 2018-01-25 18:46 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5675989

disposal of BCM is completed today..next announcement will be the declare of special dividend..it will be anytime from now

The_Reds

2,025 posts

Posted by The_Reds > 2018-01-25 18:51 | Report Abuse

PN 17 is expected coz COMCORP sold its main business..it's just like what happen to REV

Posted by ptransGoGoGo > 2018-01-25 18:57 | Report Abuse

Why not pn16 but pn17? Comcorp should be kena pn16 (cash company) instead of pn17, bursa is stupid?

Posted by Mohd Fahmi Bin Jaes > 2018-01-25 18:57 | Report Abuse

Gap down / limit down

Ameera

2,921 posts

Posted by Ameera > 2018-01-25 18:58 | Report Abuse

PN17??

Posted by ptransGoGoGo > 2018-01-25 18:59 | Report Abuse

Prepare to buy more tomorrow if limit down haha, no brainer buy , 0.810 - 0.30 = 0.51 , minus 0.45 dividend = 0.06 to buy

Posted by ptransGoGoGo > 2018-01-25 19:03 | Report Abuse

Not sure why pn17, bursa might be mistaken, as far as I know, comcorp should hit pn16 but not pn17

Posted by ptransGoGoGo > 2018-01-25 19:11 | Report Abuse

1 As stipulated in paragraph 8.03A(3) of the Main LR, an affected listed issuer refers to a listed issuer which has triggered the criteria of inadequate level of operations under paragraph 8.03(2) of the Main LR namely that the listed issuer has –



(a) suspended or ceased all of its business or its major business; or

(b) suspended or ceased its entire or major operations; or

(c) an insignificant business or operations.

Posted by Kenny Chua > 2018-01-25 19:11 | Report Abuse

rev is pn16, not 17, why enter pn17

Posted by ptransGoGoGo > 2018-01-25 19:12 | Report Abuse

Comcorp is hitting this rule, which I think is already expected by market ( I would prefer pn16)

riko

2,727 posts

Posted by riko > 2018-01-25 19:13 | Report Abuse

this sohai guy say gap down... he almost post negative sentiment for all counters. really shxx.

Posted by ptransGoGoGo > 2018-01-25 19:14 | Report Abuse

Nothing lah, tomorrow gap down I will sapu, pls gap down

myongcc5

708 posts

Posted by myongcc5 > 2018-01-25 19:14 | Report Abuse

Stupid B, wrongly defined! Wrong interpretations of company act

The_Reds

2,025 posts

Posted by The_Reds > 2018-01-25 19:14 | Report Abuse

On behalf of the Board, HLIB also wishes to announce that Bursa Securities had on 22 January 2018 informed that Comcorp would not be considered as a Cash Company pursuant to Paragraph 8.03(1) of the Main Market Listing Requirements of Bursa Securities.

The_Reds

2,025 posts

Posted by The_Reds > 2018-01-25 19:15 | Report Abuse

8.03​ Cash Companies​

(1)​ A listed issuer whose assets on a consolidated basis, consist of 70% or more of cash or short term investments, or a combination of both ("Cash Criterion") must immediately notify the Exchange of its condition in writing. The Exchange will determine whether such listed issuer should be considered a Cash Company. A listed issuer considered as a Cash Company by the Exchange will be notified by the Exchange

The_Reds

2,025 posts

Posted by The_Reds > 2018-01-25 19:16 | Report Abuse

keyword is 70%??? anyone can explain about it???

Posted by Mohd Fahmi Bin Jaes > 2018-01-25 19:18 | Report Abuse

Sell

Posted by ptransGoGoGo > 2018-01-25 19:23 | Report Abuse

Comcorp will have RM 0.94 NTA after disposing BCM, Comcorp get 112.3m cash from the disposal which is translated to around RM 0.80 of its net asset . 0.80/0.94 = 85%

Posted by ptransGoGoGo > 2018-01-25 19:24 | Report Abuse

Bursa is getting more shitty nowadays, cant even do math

Hitto

49 posts

Posted by Hitto > 2018-01-25 20:10 | Report Abuse

70% of total assets not net assets.

taitaumau

275 posts

Posted by taitaumau > 2018-01-25 20:21 | Report Abuse

Ya, after deducting 46M cash reserved for dividend and taking into a/c amount of liabilities, the end result probably gives rise to a cash ratio below 70%

Ameera

2,921 posts

Posted by Ameera > 2018-01-26 06:14 | Report Abuse

http://klse.i3investor.com/blogs/CNY/145440.jsp

So what is this?

Posted by Kenny Chua > 2018-01-26 08:48 | Report Abuse

look like many sohai want to dump

flee8

145 posts

Posted by flee8 > 2018-01-26 08:53 | Report Abuse

usual phenomenon

Posted by wonchetchai member > 2018-01-26 09:11 | Report Abuse

dapat 0.76 100,000

Syndicates

875 posts

Posted by Syndicates > 2018-01-26 09:13 | Report Abuse

many panic sell

Posted by wonchetchai member > 2018-01-26 09:19 | Report Abuse

comcorp go go >>>>>>>>green

Syndicates

875 posts

Posted by Syndicates > 2018-01-26 09:29 | Report Abuse

u dont sell, i dont sell. who will sell further?

baluku123

144 posts

Posted by baluku123 > 2018-01-26 09:36 | Report Abuse

me

Ameera

2,921 posts

Posted by Ameera > 2018-01-26 09:46 | Report Abuse

should I sell?

Davidl

1,816 posts

Posted by Davidl > 2018-01-26 09:50 | Report Abuse

Time to sapu all!

The_Reds

2,025 posts

Posted by The_Reds > 2018-01-26 09:51 | Report Abuse

omg..so many ppl see PN17 and panic sell, they totally duno abt the dividend..anyway thanks for all ur tickets

Posted by Kenny Chua > 2018-01-26 09:51 | Report Abuse

why 11am?

The_Reds

2,025 posts

Posted by The_Reds > 2018-01-26 09:52 | Report Abuse

Ameera..hold ur tickets until the announcement of dividend, then u can sell at high

Posted by Kenny Chua > 2018-01-26 09:53 | Report Abuse

time to buy when fear.....

The_Reds

2,025 posts

Posted by The_Reds > 2018-01-26 09:53 | Report Abuse

support at 0.765..anything less than that just sapu

Posted by Kenny Chua > 2018-01-26 09:56 | Report Abuse

i sapu at 0.76 also

Ameera

2,921 posts

Posted by Ameera > 2018-01-26 09:57 | Report Abuse

thanks for the comments and info sharing ... :)

amy898

244 posts

Posted by amy898 > 2018-01-26 10:25 | Report Abuse

venfx sifu will comcorp die like that?

JAWA 888

136 posts

Posted by JAWA 888 > 2018-01-26 10:25 | Report Abuse

TSUNAMI PRICE ....

hihiiiii ..

JAWA 888

136 posts

Posted by JAWA 888 > 2018-01-26 10:49 | Report Abuse

Aaaaik ... price r pickin up wooow ....

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