Tigerchan: http://www.investopedia.com/articles/basics/03/020703.asp

Bintai main/major shareholders holding most of Bintai shares, they need Bintai shares price go up to increase market capitalization and value of the company shares. If share price performance is bad, it will effect Bintai management as well in the future.

As of April 2015, Bintai Kinden has an order book of RM500 million in Malaysia and S$480 million (RM1.3 billion) in Singapore, which will last the group for two to three years. http://www.thesundaily.my/news/1383654

With 2016 and 2017 biz revenues total of abt RM 713.22millions, Bintai already hit more than RM2billion+ order book/biz revenues target yet its price still not reflected by its strong biz contracts secure and share price is stubbornly not moving anywhere.

Consistently winning big projects from SG and Malaysia govt shows that Bintai have proven biz track records
and future biz growth. This should reflect in higher share price instead of merely 0.20.

Bintai share currently trading at very low price for all its big contract secured and pending big receivables. Its business revenue since 2016 till today 2017 already about RM 713.22millions and with receivables from winning court case will be abt RM 750millions.

Previously in 2012, Bintai business revenue only at RM 368millions and its share price was traded at RM0.50, after RI 9:10 in May 2015 at 0.20 its price was traded in between 0.20 - 0.45 but drop lower back to 0.20 lvl range. http://nexttrade.blogspot.my/2012/06/bintai-poised-to-start-its-upleg.html

Currently in 2017, even after business revenue increase abt 2x compare than in 2012, Bintai shares still traded at low price 0.20+/- range. http://www.stockhut.com.my/news/93571

So far In 2017 also already won more than rm272.3mil++ but its price back to lower lvl 0.20 instead of moving higher than 0.28 recently. The big shareholders and big players still no take any actions only left retailers buying and selling lower each days.

Won SG project RM 45million, - March 2017
http://www.theedgemarkets.com/article/bintai-kinden-undertake-rm4494m-subcontract-works-singapore

Won Mynmar project RM75million, - Jun 2017
http://www.thestar.com.my/business/business-news/2017/06/06/bintai-kindens-subsidiary-lands-rm75mil-contract-in-myanmar/

Won SG project RM122million - Jun 2017
http://www.theedgemarkets.com/article/bintai-kinden-bags-rm122m-construction-job-singapores-lta

Won SG project RM 32.3million - Jun 2017
http://www.theedgemarkets.com/article/bintai-kinden-bags-rm324m-contract-singapore-govt

==================================================================

JETSON won contracts RM919million, its share price from 0.35 early this month shot up till 0.45 - 0.50 today after annoucement out. Jetson share was only trading at 0.20 last year July and this year its share price already rose up high 0.50 closing 0.485 today.

http://www.theedgemarkets.com/article/kumpulan-jetson-bags-rm919m-building-subcontract-share-price-hits-2yr-high

Bintai won total abt RM 713.22million (RM440.82 million in 2016 and RM abt 272.4million in 2017) but its price still at 0.20+/- range.. still same as last year price. Share price performance really disappointing for its shareholders. Still stuck at around lowest price range level even with so many big projects won and big receiveables from winning court case.

Bintai share price recent highest at 0.28 and bigshareholders buying Bintai shares at 0.23.
Even after several annoucement since Mar- Jun 2017 won big projects total abt RM 272.4 million Bintai price still struggles to move up at current low lvl 0.21.

Most other penny stock after won big projects, share price will rose up steadily.

Bintai always consistently won SG and Malaysia govt big contracts. Big shareholders and players keep accumlating at low price instead of pushing its price higher. Other stock like AWC won many govt big projects but price already went up >RM1+.

http://www.theedgemarkets.com/article/magnitech-sunsuria-guan-chong-sapura-energy-ikhmas-jaya-jadi-imaging-bintai-kinden-maxis-lkl

Bintai Kinden Corp Bhd's 69.82%-owned subsidiary in Singapore has won a S$10.4 million (RM32.4 million) government contract to provide integrated facilities management services.

In a filing with Bursa Malaysia today, Bintai Kinden said Bintai Kindenko Pte Ltd will undertake the job, which includes mechanical and engineering work, at the National Development Ministry's offices in Jem Office Tower.

http://www.theedgemarkets.com/article/bintai-kinden-bags-rm324m-contract-singapore-govt

KUALA LUMPUR (June 28): Bintai Kinden Corp Bhd's 69.82%-owned subsidiary in Singapore has won a S$10.4 million (RM32.4 million) government contract to provide integrated facilities management services.

In a filing with Bursa Malaysia today, Bintai Kinden said Bintai Kindenko Pte Ltd will undertake the job, which includes mechanical and engineering work, at the National Development Ministry's offices in Jem Office Tower.

"No major risk is foreseeable on the contract which will be running for a base period of 36 months commencing August 2017 with an option to extend for a further period of up to 24 months thereafter," it said.

Bintai Kanden said the contract is not expected to have any material impact on the group's earnings, earnings per share, net assets per share and gearing for the financial year ending March 31, 2018.

However, the contract is expected to contribute positively towards the group's future earnings, it added.

Bintai Kinden's share price closed down half sen or 2.38% to 20.5 sen for a market capitalisation of RM57.5 million.

From March - May 2017 the big shareholder acquired Bintai shares in big vol at 0.23 and
new big shareholders also acquired bintai shares worth RM15million via OPM purchased.
http://klse.i3investor.com/servlets/stk/annchsh/6998.jsp

Price then went up till 0.28 but the support was weak and drop back 0.20 lvl.

With new big projects won Bintai price still stuck at low price lvl 0.20+/- its really disappointing for all the shareholders.

Recent high was 0.28 on 30/3/17 but price weak support and drop so much till 0.19.
As per latest financial qtr result in May, Bintai NTA 0.31 excluding the receivables of abt RM40 million from court case.

From March - Jun 2017, Bintai already won total contract abt RM 242million but its share price still not moving up high yet.

This Bintai stock previous have big players play big swing up and down several times.

Price up strongly in May 2015 before RI 9:10 from share priceup 0.29 - 0.39 and drop till 0.21,

1 day bfr RI issue share price push up till 0.39 high,

after ex-RI price drop to 0.21 and the following week from 0.21 up till 0.44 in 1 day.

In June 2015 drop till 0.22 and rise up 0.405.

In Aug 2015 drop till 0.195 and in Jan 2016 share price up till 0.375.

Drop till 0.175 in Nov 2016, up till 0.28 in March 2017

==============================================================

Price swing up really high and also drop down fast previously in 2015 & 2016, currently Bintai shares 0.21 on the low near bottom level even with so many big projects in hand and receivables.
Waiting for the big waves to move up which been way long overdue.

ryan7642:

All the projects won are big projects.. if combine 2016 and 2017 (1st 6 months) already more abt RM680millions++ worth of business revenues projects but its share price still stuck at near all time low lvl.

Total abt RM440.82 million project secured by Bintai in 2016 not RM 250mil+.

++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
RM32million - Jan 2016
http://themalaysianreserve.com/new/story/bintai-kinden-secures-rm32m-vietnam-job

RM120million - Jan 2016
http://www.thestar.com.my/business/business-news/2016/01/20/bintai-kinden-unit-wins-rm120mil-job/

RM9.4million - Jan 2016
http://themalaysianreserve.com/new/story/bintai-kinden-awarded-rm94m-electrical-works-contract

RM31.42million - Mar 2016
http://www.thestar.com.my/business/business-news/2016/03/17/bintau-kinden-secures-singapore-project/

RM13million - Mar 2016
http://themalaysianreserve.com/new/story/bintai-kinden-gets-rm13m-contract-%E2%80%A8from-singapore

RM18million - July 2016
https://www.pressreader.com/malaysia/the-star-malaysia-starbiz/20160715/281565175100512

RM169million - Sept 2016
http://www.thestar.com.my/business/business-news/2016/09/04/bintai-kindens-subsidiary-gets-rm169mil-spore-hospital-job/

RM48million - Sept 2016
http://www.thestar.com.my/business/business-news/2016/09/21/bintai-kinden-bags-a-rm48mil-job-in-singapore/
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

In 2017 also already won more than rm242mil++

Won SG project RM 45million, - March 2017
http://www.theedgemarkets.com/article/bintai-kinden-undertake-rm4494m-subcontract-works-singapore

Won Mynmar project RM75million, - Jun 2017
http://www.thestar.com.my/business/business-news/2017/06/06/bintai-kindens-subsidiary-lands-rm75mil-contract-in-myanmar/

Won SG project RM122million - Jun 2017
http://www.theedgemarkets.com/article/bintai-kinden-bags-rm122m-construction-job-singapores-lta

++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

Won court case big receivables abt RM40million with interest - MArch 2017

Won big projects from Malaysia, SG and Mynmar but yet reflected in share price.. unlike in 2015 bfr won any projects already shot up till 0.45+.

Bintai Kinden: Bags RM122m construction job from Singapore's LTA. Bintai Kinden Corp has bagged a SGD39.6m (RM122.1m) contract from Singapore's Land Transport Authority (LTA) to undertake mechanical services work for the four-in-one rail and bus depot in Singapore. Bintai Kinden said its 69.8%-owned subsidiary Bintai Kindenko Pte Ltd had accepted a letter of award from the LTA to undertake the mechanical work for the supply and installation of the environmental control system for the depot. The contract is nonrenewable, with completion estimated by 2024. (The Edge)

The big players accumulating Bintai shares at low price since last year many months till now by pressing the price low forcing retailers to sell cheap back to them. Won many big contracts and big receivables from court case yet not reflected in current stock price which currently way much undervalue.

Private share placement at 0.32, RI 9:10 at 0.20, issue new shares swap for RM15million OPM company purchase. 1st half of 2017 already won Mynmar project RM75million, SG project RM 45million and won court case pending receiveables RM40million with interest.

Price always at low support level, need to strong buying by the big shareholders/players to move this stock up.

http://klse.i3investor.com/servlets/stk/annchsh/6998.jsp

Stock like Lionind previously drop from 0.80 few yrs ago till 0.21 last year and this year moving up high 0.40+ and breaking higher high till 1.28. Their mainshareholders accumulate and bought back at low price and push it higher.

Bintai shares been accumulated by mainshareholders since last year and also recently.
Still not yet move up after drop from 0.45 in 2015, 0.375 in 2016 and 0.28 in 2017.

Won Mynmar project RM75million,
Won SG project RM 45million,
Won court case big receivables abt RM40million with interest,
Acquired Optimal Development via share worth RM15million with future prospects of OPM and valuation range of the concession between RM24.5 million and RM26.7 million as ascribed by Russ Ooi & Associates.

2 New shareholders from Optimal join as Bintai main shareholders.
3 existing shareholders bought Bintai shares.

So many +ve news and development in biz yet price drop not moving up +ve.

The management & main big shareholders should do something to boost Bintai shares price as its been too long under perform.

Won Mynmar project RM75millions also not yet move up till today.

Bintai Kinden: Bags RM74.5m job in Myanmar. Bintai Kinden Corp has bagged a USD17.5m (RM74.5m) deal in Myanmar to undertake air-conditioning and fire protection installation work. The group said its subsidiary Bintai Kindenko Myanmar Co was awarded the contract by Soilbuild Myanmar Co Ltd on May 28. “No major risk is foreseeable on the contract except for currency risk and it is a non renewable construction contract with fixed contract period,” said Bintai Kinden. The group expects the work to be completed by July 2018. (The Edge)

One of the cheapest stock currently as the new shareholders from Optimal and existing main shareholders bought at 0.23 ++. Price currently just like after 25 May 2015 Right Issue 9:10 at 0.20 but difference is tat time Bintai price went up high 0.44 with news potential getting big projects.

Now even after won many big projects price cant move up high, still same as 2 yrs ago share price.

Won big project RM 75millions also cant move up high. Biz revenues increase, big receivables, new and existing shareholders buying also cant breakout from current oversold level.

up so little. 2.44% only http://www.theedgemarkets.com/article/bintai-kinden-244-rm745m-myanmar-deal

Those big shareholders/players still sleeping...zzz

Won RM75million project but price still lower than recent high 0.285. Previous won SG raffles hotel project abt Rm45 million in Mar also didnt shoot up much. Don't know whats the big shareholders and operators manage this share counter. Good news didnt move up much, but when -ve news price drop so much.

http://www.theedgemarkets.com/article/bintai-kinden-undertake-rm4494m-subcontract-works-singapore

The operators doing badly.. other stocks went up high, split shares, bonus shares issues etcs and price cont to move higher. This bintai shares back to square one and even lower than listing ipo price.

Thought they were acquiring back the shares at low price since last year but till now still buying back at low price 0.23+ and not even push up higher even after won big court case receiveables and won many big projects locally & overseas.

Company shareholders cant make money if the share price always low. Really underperforming and way oversold.

The new main shareholders and existing big shareholders also purchase Bintai shares above 0.23 sen yet price support is weak. Need big shareholders buying pressure to push price back its fair share value than just let price drift lower.

Share price is way too low for a company with hundred millions & billion worth projects local/overseas in hand + govt project concession for 25yrs.

Receiveables from court case not added in yet and the purchased on Optimal Development company via share swapped for RM15million is expected to boost Bintai biz assets a OPM is valued at RM24.5 -26.7 millions.

http://www.thesundaily.my/news/2064787

OPM is a special purpose vehicle involved principally in property management that holds a 25-year RM121 million concession to design, construct, complete, operate and maintain the entire in-campus accommodation for Kolej Teknologi Islam Melaka (KUIM). OPM had in January this year appointed Bintai Kinden as its turnkey contractor for the same project.

OPM will undertake the maintenance of all the facilities and has the right to demand, collect and retain mutually agreed charges throughout the concession period.

“The proposed acquisition will enable the company to participate and be entitled to the future recurring income streams from the concession arrangements business that is the provision of management and maintenance services to KUIM over the tenure of the concession,” Bintai Kinden said.

The purchase consideration takes into account the net liabilities of OPM, future prospects of OPM and valuation range of the concession between RM24.5 million and RM26.7 million as ascribed by Russ Ooi & Associates.

http://www.theedgemarkets.com/article/insider-moves-eco-world-development-group-bhd-dagang-nexchange-bhd-ekovest-bhd-jaya-tiasa

Bintai Kinden Corp Bhd welcomed a new substantial sharEholder, Nusankota Development Sdn Bhd, which acquired 50.03 million shares, or 17.39% interest, on March 7. The engineering services firm is now Bintai Kinden’s single largest shareholder.

The block of shares was part of a deal under which Bintai Kinden will acquire 100% of Optimal Property Management Sdn Bhd, which holds a 25-year-concession to design, construct, complete, operate and maintain the on-campus accommodation at Kolej Teknologi Islam Melaka. Bintai Kinden will settle the RM15 million price tag by issuing 75 million new shares to Optimal Property Management’s shareholders, namely Nusankota and two other individuals.

Optimal Development purchased abt rm15million via share swapped and 3 big shareholders also buy increase their shareholding at 0.23++ and above hitting highest 0.28 last mth with retail buying strength, yet price retrace down after lack of buying support.

With recent +ve news share price didnt rally up much it but when financial qtr report making lost, share price drop back.

Almost end of the month but price still not moving much.Still not put much effort to increase share market values.

mirete1101: I dont have news/info for the coming financial qtr report. Optimal purchased via share swapped was done at RM15millon with 2 new shareholders on board done early 7 March and Bintai share price rose highest 0.28 end of March.

3 Big shareholders bought Bintai shares at 0.23 from 6 -21 April and highest price rise up till 0.26. After that price start to drift back 0.235 - 0.24.

It seems the Bintai shareholders collecting bintai shares at dirt cheap price but not pushing up the price much even after secure big projects and won big receiveables from recent court case.

Price and vol lacklustre... need some boost coz many other stocks already risen up way much higher compare to Bintai still lagging far behind.

Other stock like AWC already above RM1 after won many big projects previosly about 0.35 same like Bintai share price 2 yrs ago.

Still waiting for the big players to move this heavy stock price up.

In 25 may 2015 when financial qtr profit out showing +ve reports + potential win big projects, Bintai share price shot up from 0.21 till highest 0.44 in same day! The next day up till 0.45 and close at 0.38.

Won court case big receiveables and big projects from SG, still not yet adjusted their financial NTA share price. Big shareholders already bought many bintai shares in mid april.

May financial qtr result coming out end of this mth, big shareholders bought big units of shares since last mth and looks +ve,

Big shareholders buying big last and this week buying strength strong again. Something is brewing. Share price is way below its fair value with in coming money from winning court case and big projects in hand.

Big shareholders want to accumulate back shares at cheap price.. won court case n won big projects from SG still price being press n hold down at low price. Other same sector stocks already move up high but bintai still unable to move up.

wudmec: Big shareholders acquired more Bintai shares. Can c in Bintai annoucement. Looking +ve.

Won court case abt RM40+million with interest recently, now won SG contract RM44milion.. but price still being pressed/hold down. Bintai price should already 0.45- 0.50++ with all these new receiveables and big contracts won.

Vol coming. Looks like the big players start buying again.

char1234: If u have invested in bintai, just wait for it move towards the targeted price or ur own profit taking lvl. Be patient.

This Bintai stock need to see the big players actions/direction. They came in big vol from 0.17 - 0.265 Estimate avg transaction last few weeks abt 0.23+/-.
Bintai was being pressed down throughout 2016 for so long and its time for the rebound.

Since +ve news for the huge sum of receivables out , those big players already start pushing it up and its still far from it coming adjusted NTA fair value.

*This shares should worth more than 0.40++ once its NTA adjusted to 0.45 later.
Previous qtr results also adjusted NTA from 0.26 to 0.28 with profit gain.
Court case receiveable abt RM39.5 million is abt 4X more than the previous profit reported in May 2015 where price shoot up from 0.21 to 0.455.

*The comments above do not represent a recommendation to buy or sell.

Those contra kakis and profit taking exit.
NTA 0.28 but will be adjusted later in end febuary financial qtrs.
I believe there will be more rounds of uptrend wave towards its financial report..

char1234: Vol still low, big players didnt start buying yet today.

This article out yesterday 9/1/17 say bintai stock with momentum counter was red-flagged, suggesting that investors should exercise extra caution when trading in its shares.
It also only mentioned bintai haf recently won 2 contracts from SG and Vietnam and didnt mention other big projects secured throughout 2015 and the latest big sum of money receiveable from winning court.

Really half cook article.. written with no substance.
case. http://klse.i3investor.com/blogs/the_edge_stock_with_momentum/113370.jsp

*Stronger buying strength.. moving towards 0.30++. Bintai cash in hand will be much stronger and financial report will adjust its NTA higher towards 0.45+.

*My own personal view. Not recommendation to buy/sell.

This bintai in May 2015 from 0.21 can shoot up till 0.455 the big players push up strongly.

With the profit gain from receivables. Bintai price is set to go up higher. Current price is still far away from its fair value which will be adjusted higher in coming Financial qtr report.

Bintai market share capitalization only at RM52.57million because of its current low share price and little no. 214.59million shares issued.

With the receiveable money from winning court case abt rm39.5 million, its already more than 75% of Bintai market share capitalization. Its share price if calculate for the receivable money gain will be additional 0.179 sen. This is the receivable money from winning the court case that will be included in the financial report.

If bintai price stay at 0.20 lvl, its really too undervalue as current NTA 0.28 + receivable 0.179 = 0.459. Bintai share price should worth close to 0.40++ with the latest news update.

i only worry if it don't fly or shoot up much with so many projects in hand + huge sum of receivables court case money...Bintai still far lagging from AWC which trading at 0.96.

Bintai shares was way oversold last year since end of Jan from 0.355 down until lowest 0.165 in Dec 2016. The big players/sellers block the price from rebound moving up even when there good newsplay of new big projects secured. The share price was accumulated slowly from small retailers and very low price throughout 2016.

Base on last week price rebound from 0.17 - 0.21 - 0.23 and yesterday high 0.25 closing 0.245 with very high vol transaction, its obvious the big players/buyer already start pushing up the shares. Bintai receiveable winning money from court case will definitely boost Bintai financial in coming fin qtr as the court case been very long time 8 yrs and the receiveable is big sum $$ abt RM39.5million including interest.