Sam... looking at the huge jump in price movement last few days.
Possible announcement on bonus issue and share split soon.. and we should expect big jump in company earning next month

new order coming ? China ordered 300 units Boeing 737

Dalpinia,,, index up 20 points

Dalpinia... how you know next week KLCI will drop to 1500 ??? You are god of the stock market if it really drop to 1500 next week.

The operators almost bought back all during shake off after results being announced,,, This is their game plan... so, sky is limit

Bintai,,,, lucrative projects award soon..

Sam's world class business portfolio in aerospace part manufacturing is with high barrier of entry. Gadang is in construction industry which you can find thousands of industry players in the same league. So, it is totally different and you can compared a world class manufacturer with local construction players.

Bintai.. you won't regret to buy and hold as it is front runner for LRT & MRT M&E works worth RM1.2Billion,,, plus order backlog RM1.6 Billion.. The market capitalization approximately RM50mil.. less than its cash in bank.

Share prices fluctuation is normal in any market. The insider will create bad news for you to sell... This is the time we should buy. When the positive project bidding news announce, many people will rush in to buy and share price up again..

Within 3 months the bank balance increased by RM 54 mil and which is far more bigger than Bintai total market capitalization of RM46mil. The RM79.89mil cash equivalents indirectly means each share has 37 cents cash backing which is offering superior value for investment.

If you read the quarterly announcement on its financial statements, the financial standings of Bintai has improved tremendously with cash equivalents of RM25.78mil at April 30, 2015 to RM 79.489 at June 30, 2015 meaning to say each share has cash back up of 37 cents which is higher the current share price at 21.5 cents.

The total liabilities of company as of June 30, 2015 is RM384.4 mil can be offset by receivables at RM 366.7mil plus some cash.

Conclusion : The company is clean and lean with 70% contributions from Singapore subsidiary. The strong SGD will improve the performance of the company with outstanding boo orders exceeding RM1Billion.

telusdansuci, we may see further downside until aluminium price hit USD1350 to 1380..

telusdansuci, The landslide of aluminium prices will take longer period to recover. No signs of bottom yet,

Joel is fool n cool

Joel, how is your favorite darling stock PMetal which you had bullist view since RM3.40 ? Now only RM1.83.. still holding ?? ( Joey posted this message on June 2 : 鋁價三天中第二次上漲 市場看好中國需求攀升！ 一个字：买PRESS METAL), Now aluminium price dropped from USD1900 to below USD1600.. and no sign of bottoming yet.

So, if you want to make money in stock market, should you follow Joel ?

I had warmed investors to clear at RM3.40. Commodity prices not bottom yet, nothing much can do now,

Bintai.. No sign of retracement probably due to up and coming outstanding Quarterly Result announcement. It will slowly march towards RM0.45 cts this month and if manage to breakout strongly, we will be able to see RM 1.00 soon

Bintai... sign of further accumulation

The aluminium industry prospects is getting worse, not a wise move to accumulate Press Metal share at this moment.

Bintai,, more action likely tomorrow..

Bintai Kinden’s FY16 earnings set to improve
Published at 2015-04-14 10:10:34 by The Edge

KUALA LUMPUR: Loss-making mechanical and electrical (M&E) engineering specialist Bintai Kinden Corp Bhd expects its financials to improve in its current financial year ending March 2016 (FY16), as it anticipates favourable outcomes on its bids for some RM1.2 billion worth of M&E projects.

Bintai Kinden (fundamental: 0.35; valuation: 1.2) managing director Ong Choon Lui said the group is tying up with other firms to bid for the heavy-duty power generator contract under the mass rapid transit (MRT) Line 3 project.

“We do not want to speculate. The result is expected to be announced by the end of this year,” Ong told newsmen after the company’s extraordinary general meeting (EGM) yesterday.

Apart from the MRT Line 3, Ong said Bintai Kinden is bidding for M&E jobs in the oil and gas sector, besides looking for projects involving factories and the hospitality sector.

Bintai Kinden is active in both Malaysia and Singapore. Its order book here currently stands at RM500 million, while its Singapore order book is valued at S$480 million (RM1.29 billion), which the group believes will keep it busy for the next two to three years.

Ong said some 70% to 80% of group revenue is currently derived from its engineering segment. He expects the segment’s total contribution to grow to 90% in the next two years, underpinned by the group’s strong order and tender books, along with the consolidation of its engineering businesses.

Ong said the group aims to become the biggest engineering firm in the country, and ultimately the world. To achieve this, he said the group is focusing on expanding its business beyond Singapore to Indonesia, Myanmar, Vietnam and Thailand. The group will start off with sectors like transport — such as the MRT project — and oil and gas, he said, besides looking at constructing industrial parks before branching out to other sectors.

The group is also studying the European market, but no viable projects have been identified yet.

By expanding its engineering segment, Ong believes the group can withstand uncertainties that may affect earnings.

Bintai Kinden saw a net loss of RM1.51 million for FY14. In the nine months ended December 2014 (9MFY15), its net losses stood at RM3.75 million. The stock closed up one sen or 3.13% at 33 sen yesterday, giving it a market capitalisation of RM33.62 million.

At the EGM earlier, Bintai Kinden’s shareholders approved the company’s proposed private placement and rights issue to raise funds for working capital and to repay borrowings.

The Edge Research’s fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations. Go to www.theedgemarkets.com for more details on a company’s financial dashboard.

This article first appeared in The Edge Financial Daily, on April 14, 2015.

MRT Project Good news coming soon ??

http://www.thestar.com.my/Business/Business-News/2015/07/14/Deal-for-MRT-Line-2-signed/?style=biz

2015-04-13 16:36

（吉隆坡13日訊）蒙虧的民泰近電（BINTAI，6998，主板貿服組）預期這個財政年的業績會改善，因期許所競標的12億令吉機電工程會有所斬獲。

該公司董事經理王春雷說，該公司正與其他公司聯手競標捷運（MRT)的發電機工程。

他在股東特大（EGM）後說：“我們且不要臆測勝算，競標預計今年杪會公佈結果。民泰除了競標廠房和醫院的機電工程，也在國內競標油氣業的機電工程。”
該公司目前在大馬的訂單達5億令吉，新加坡訂單則達4億8千萬新元（13億令吉），足以讓公司忙上2至3年。
該公司截至2014年3月31日財政年淨虧151萬令吉，2015財政年首9個月淨虧375萬令吉，前期為淨利22萬6千令吉。
今日特大上，股東核准私下配售議案，以籌資作為營運資本和繳付貸款用途。（星洲日報／財經）

Trade finance or Loan exposure in SGD can be set-off/hedge off naturally by Account Receivable in SGD, not a major concerns. Whilst profit in SGD in 69.8% owned Singapore subsidiary Bintai Kindenko Pte. Ltd. will translate in foreign currency gains for Bintai Group.

Bintai is on right path to deliver strong earnings for Financial Year Ended March 31, 2016.
If it can maintain stable sales of RM150mil per quarter or RM600mil per year.
Based on net profit margin of 6% before factor in further strengthening of SGD, it can surely can achieve RM36 Mil profit per year or EPS of 18 cts per year or 4.5 cts per quarter. (The Strong Singapore Dollar is a plus factor in ensuring improvement of net profit margins.. March 31 Vs June 30 : SGD against MYR .. up by 4,1%)

Qtr Results for Financial Year ended March 31, 2015
Period Q1 Q2 Q3 Q4
TOTAL REVENUES 66.5 111.7 136.9 158.9
Cost Of Goods Sold 63.4 106.3 122.5 138.1
GROSS PROFIT 3.1 5.4 14.4 20.8
NET INCOME -4.8 -5.1 6.1 9.8

Yearly Financial Results
FY Period 2012 2013 2014 2015
Revenues 367.8 344.8 398.8 473.9
GROSS PROFIT 57.2 30.2 31.4 43.7
NET INCOME -9.5 -0.8 -1.5 6.0

Quartely Report Trend : Strong Sales Growth with Solid Profit Growth
Currency in Millions of Malaysian Ringgits
Quarterly Report Jun 30 Sep 30 Dec 31 Mar 312015
TOTAL REVENUES 66.5 111.7 136.9 158.9
Cost Of Goods Sold 63.4 106.3 122.5 138.1
GROSS PROFIT 3.1 5.4 14.4 20.8
NET INCOME -4.8 -5.1 6.1 9.8

Strong BUY CALL and Hold for minimum One Year period.
In order for Bintai to reach RM1.00 level, Bintai just need to maintain earning per share for next two to three quarters at 4 cents or higher. The chances are very high mainly due to the following factors :-
1) Weakening of Ringgit against Singapore Dollar, hence improve profit estimate at additional RM4 mil per quarter based on RM150mil sales. 70% of sales contributes by 68.9% owned Singapore subsidiary. (Majority of Singapore projects contracts were won at exchange rate of RM2.55 as compare to current rate of RM2.78 against Singapore Dollar)
2) Strong order books of RM1.8Billion enhance the visibility of sales and profit for next 2 to 3 years with minimum sales of RM150mil per quarter.
3) High chances of winning bidding of MRT projects value at RM1.2 Billion and other sub-contract works such as LRT3 and High Speed Rail project linking KL and Singapore.
4) Clean balance sheet after recent par value reduction from RM1.00 to RM0.20 and right issue excercise.

Based on current stage of Bintai share movements, obviously it is clear sign of accumulations with dry volume / low volume. Any surge in volumes will easily drive the share price up north, I expect to see some upsurge of share price and increase daily volume by next week. We should see the price to challenge RM0.44 level by month of August in anticipating announcement of Strong Surge of Profit for first quarterly result for new FY.

http://www.thestar.com.my/Business/Business-News/2015/07/10/Ewein-receives-greenlight-for-its-RM800mil-property-development/?style=biz

Bintai.. 70% Sales contributions from 69.8% owned subsidiary in Singapore. Every 10 cents strengten in Singapore Dollar will boost earnings by RM4mil..(2.69 to 2.7885).
We should see earnings jump from RM9.78 min to RM13.6mil for Q1'2016 or Earning per share of 6 Cents. If based on PE 10, it should be fairy price at RM0.60.

For long term play, Press Metal will be good stock to hold. Short term wise, due to weakening of commodity prices and supply glut, we may see more down side risks for the next 6 to 9 months.

BintaI : A good case study for 2 school of thoughts in Winning Stock Selection Criterias
( Koon Yew Yin Vs KCCHongNZ )
Koon Yew Yin : http://klse.i3investor.com/blogs/koonyewyinblog/77571.jsp Vs
KCChongNZ : http://klse.i3investor.com/blogs/kcchongnz/77884.jsp

VS.. will be double in value if bonus issue coming.. The winning stock will not stop here..
Investment is simple and not so complicated as proposed by some blogger. The profit growth will determine the price track rather that complicated valuation methods.

The only element that can drive share prices higher is PROFIT GROWTH

VS 4.32 closed at highest.

VS will rally towards RM5.00

Bintai Group Information :-
http://www.bintai.com.my/FrameCorporate.htm
http://www.bintai.com.sg/

Hi Mr. Murali.. This forum is just for us to share our views. Mr.Koon is not forcing us to buy so don't be so emotional. We must make own decision and take our own risk and not to blame others.

Hi Murali.. Mr Koon made at least RM80mil to RM100Mil from Supermax alone

http://www.theedgemarkets.com/my/article/court-strikes-out-see%E2%80%99s-appeals-suits-against-kjcf-can-one

Bintai has no linkage with Denko. Fundamental sound stock like Bintai will attract many investors and funds to start accumulate the shares for medium to long term as earning visibility with Singapore Dollar revenue should augurs well for the company in hedging against weak MYR.
Within 3 months, Bintai should touch RM1.00 to 1.50, A few high profile projects bidding result should be made known within these 2 months. Bintai is well known M&E player for Land Transport System in Singapore. Buy now and hold for long time gains. This is one of the few good stocks that can buck the negative market sentiments of Malaysia stock market.

Qtr Result:. Quarter Revenue Profit Net Profit Profit SH EPS (Cts) DPS (Cts)
2015-03-31 2015-03-31 158,885 13,021 13,074 9,784 9.60 - 0.6500
2015-03-31 2014-12-31 136,859 4,447 6,838 6,087 5.97 - 0.5400

# Adjusted EPS due to New Right Issue, Qtr 2015-03-31 shoud be 4.80 Cents
# Adjusted EPS due to New Right Issue, Qtr 2014-12-31 shoud be 2.98 Cents
Project on Hands Value MYR1.8 Billion

Strongly suggest to buy before investment bankers or stock analyst starts to cover this stock under their radar. Any positive news on new award of projects like MRT and etc will drive the share prices up further as limited free float available in market. This is the best Penny Stock in Bursa Malaysia with strong visibility of earnings down the road,

I mean this stock match Investment Guru Koon Yew Yin's appetite.. whether he has start accumulating or not. I am not sure. Based on last 6 months earning report, at current price of below 40 cents indicates of Price Earning Ratio of less than 3 times. The projects on hand is approximatley RM1.8B can last for 2 to 3 years with 70% of revenue from Singapore. The strengten of SGD will be add extra margin to Bintai profit. It should have fair value of RM1.00 to 1.50 in comparing to industry standard of PE 10 to 15.

If before China abolished tax, I am agreed. But with price war intensify, all will suffer with zero margin or at losses as you can't stop production as resuming operation will incur moreset-up cost. Time will tell ...

The massive changes of Aluminium Industry from Supply Shortage to Supply Glut recently has alert us to adapt a more cautions approach. It is a hard fact that the industry landscape has shifted from suppliers driven to buyers driven market. This can be examined by looking at aluminium prices decreasing sharply and cash premium dropping for more than 50%. The stock analysts that covered Press Metal Berhad had also shifted their stand from Buy Call to Hold, I believe with the drop in profit or losses from coming quarterly report, it will prompt stock analyst to make a cut or sale call. Just before they make the sale call, they will slowly unload the shares, this can be traced from the price chart showing the downtrend even before the fire accidents.

This stock will fly high and match Malaysia Stock Guru Mr. Koon Yew Yin's investment principle,

I hope MAS will fly high by putting all political agendas aside. Come back to basic of comtemporary management core value : Maximize Shareholder and Stakeholder Value

Peanuts, I am fully agree with your views.
We are here to share our views and help our members here to make a informed investors. Based on current prevailing aluminium price range, the operational profit should be around RM28mil or lesser before taking into consideration of losses from fixed operating costs and expenditures. (By referring to aluminium price range and historical quarterly report ended March 31, 2013). It will definitely jeopardise the cash-flow of the company and additional capital outlay on new plant expansion. Bear in mind, the complete resume of production will take longer than 1 month to fully operational mode. The urgency of the situation has force BOD to pass resolution to have share buy-back scheme which will further depressing the company ability to pay dividend. We expect the company to raise more funds via loans or right issue to meet its cash-flow requirements for plant expansion.

One day Up n one day down... The art of distribution by professional investors..

If aluminium price drops to USD1750 per MT, Press Metal may only break-even and not making money to pay dividend. If below USD1700, the scenario will be ugly one... .

I believe the production is badly affected as from the company announcement they have not update production and operation situation whether is shut-down or break-down. Instead the company swings our attention to Mukah plant production status. Is it weird ??

The Mukah plant's power outrage incidents, the company failed in Insurance claims and had to write-off RM100mil from book.