How, Bpuri can survive from Increasingly cost of steel bar with such high receiveable and extremely low margin. Calvin pls spare the newbies here lar ...
A better spot into construction sector are 'Piling specialist' eg.Econbhd . ( this sector receive their payment at the initial stage ).
KKB the most beneficiary proxy amongst the Pan Borneo Highway success bidders.
' Cost control ' are Crucial key to be profitable in construction sector. Whereas, Gadang & Kerjaya cosistently deliver a much stedier EBITA than Bpuri.
why_no_dividend Why Calvin so bias? His counters full of debts never mind but other people hentam like no tomorrow. Conman always a conman.
Posted by shareinvestor88 > Oct 3, 2016 11:43 AM | Report Abuse Full of debt 03/10/2016 13:44
Why Calvin so bias?
His counters full of debts?
Well, if you look at the total Assets of BPuri against its total debts BPuri is Bullishly Positive!
But other people (counters) hentam like no tomorrow?
Calvin replies again:
Answer:
Calvin only warn on high flying balloon shares like Ifca, Sumatech, VSolar, Comcorp, AAX and all other shares chased into Bubble territories.
Why must Calvin give warning?
Answer:
To save newbies from stepping on landmine shares that will later cause them to lose lots of monies. So Calvin with a kind heart over-flowing with concern and compassion is trying his best to save fellow i3 forumers from danger.
It is a fact that eventually 80% to 90% of Stock Market Players Will LOSE MONEY. Even friends like Duit, Fortunebullz, Murali, hiddengem, johnmaster(investlah) and many others also suffer losses after losses.
Only the 10% or less who go against the crowd eventually Made All The Monies!
hmm interesting the way this calvin says things...
e.g Why must Calvin give warning? (why must he refer to himself and so much spelling mistakes by the way) e.g monies...debts....not to mention BJcorp is Berkshire hathaway n CPO rm6000...omg!
weird fella....oh well...i guess we normal ppl wont understand...cheers
chowsingchi hmm interesting the way this calvin says things...
e.g Why must Calvin give warning? (why must he refer to himself and so much spelling mistakes by the way) e.g monies...debts....not to mention BJcorp is Berkshire hathaway n CPO rm6000...omg!
weird fella....oh well...i guess we normal ppl wont understand...cheers 03/10/2016 18:31
It's ok,
See
mon·ies ˈmənēz/Submit plural form of money, as used in financial contexts.
Calvin also use these words frequently
YAHOOOOO!!!!
YEEEEEEEEHAAAAA!!!
HIP HIP HOORAY!!!
WOW! WOW! WOW!
See All the Stocks that made me 100% to 200% caused me to shout aloud many a time!
I'm in since 38 .... Way before Calvin recommended as I can see some operators are accumulating .... Be greedy when others are fearful .... If you believe in FA, looks carefully at the boss's comment: focus on recurring income ... I'm on Calvin's side in BPuri ... Bring it on
I'm in since 38 .... Way before Calvin recommended as I can see some operators are accumulating .... Be greedy when others are fearful .... If you believe in FA, looks carefully at the boss's comment: focus on recurring income ... I'm on Calvin's side in BPuri ... Bring it on 03/10/2016 21:27
Very happy for Ezobear,
Only 19% shares of BPuri left in Free Float now.
This will be either
a) A Cornered Stock b) A Stock Ready For Privatization c) Ripe for Capital Exercise with Bonus & Free warrants d) Special Surge in Earnings cum Special dividend
Posted by Eternal > Oct 3, 2016 09:55 PM | Report Abuse
is tat true that clavintaneng called you to buy ARMADA @ RM 1.30 or PERISAI @ 50 sen once upon a time?
Yes Calvin did,
Calvin also asked people to buy Kulim at Rm2.50 (taken private at Rm4.10 up 60%). Calvin also asked people to buy Waseong at 72 cts. Waseong jumped to 94 cts (Up 30%)
Posted by KLCI King > Oct 4, 2016 02:05 AM | Report Abuse
All palm oil companies recommended by Calvin few months ago all masuk longkang. If you trust him for what he said, you are insane too.
KLCI King 437 posts Posted by KLCI King > Oct 4, 2016 02:06 AM | Report Abuse
Calvin is selectively forgetful person, he can only remember those price up.
Calvin replies,
Answer:
You are careless
You forgot that my Kulim made 60% (this one palm oil) And TMakmur will be making 30% (this one palm oil) Also MKH & MKH Warrant Made 50% (this one also palm oil) Masteel already made 55% Prestar or Pre Star (Buy before it turns into a star) Up 45% And RCECapital already made another 60%
These recent stocks already made
A WHOPPING 300% PROFIT!!! YAHOO!!
Now see what you call Masuk Longkang:
Plenitude is doing fine with BIGGEST IKEA IN TEBRAU BEING BUILT MHC Plant only dropped 10% from 90 cts to 81 cts. Cepat rebounded lately RSawit also dropped by 10% BPlant has given 9 cts dividend THPlant only drop less than 10%. Well supported by Dynaquest Fund Pinepace onlt lost 2 cts. INSAS I bought below 70 cts - so there is a profit Same goes for JTiasa - there is a profit Kwantas rebounding now Opcom just gave a 2 cts dividend - and more cash payout on the way. Multico (MCE Hld) I still making as I loaded more at 72.5 cts.
And I forgot to mention AJIYAA Jumping YA!
I made more than 100% - Ajiya jumped from Rm2.05 to over Rm4.30 & split.
SEE!
You are selectively very very careless
NEXT TIME BEFORE YOU POST YOU MUST CHECK AND COUNTER CHECK CAREFULLY, OK?
Posted by michaelwong > Oct 4, 2016 04:02 AM | Report Abuse Why do we need to invest in bina puri stock . There are so many other stocks that can out performed bina puri ? I don't see the point .
See beyond the surface. See through the obvious. By the time Co reports a great Qr and declares a special dividend BPuri will no longer be so cheap. By then it will be too late.
Calvin tells all to follow insiders!
Just buy 10% of what Insiders are buying.
If they buy 100,000 shares just by 10,000 shares. . this is the secret
Gadang is in similar industry like Bpuri. Both are in construction and Real Estate. The difference is very stark - Gadang is now in multi year high while BPuri is now multi year low. While Gadang Insiders are disposing shares BPuri Insiders are buying own shares like no tomorrow.
To sum it up. Gadang is an outright sell while BPuri is an outright buy!
Warren Buffet likes Insiders and Directors buying up their own Company shares.
Uncle Tee is scarifying the margin to repair the reputation after KLIA2 fiasco. Winning 4 Pengerang contracts are no play play. Building the Russian embassy is another evidence of Uncle Tee's strategy.
Recurring income: LATAR, Malls & Indonesia power plant.. more to come ..
Uncle Tee is nurturing Matthew by helping him in building up reputation & connection. Time will prove who is the winner ....
Good morning all fortunate & happy holders of BPuri shares,
Remember Substantial Shareholders are now owning 81% of the Total Paid Up shares of BPuri. You are among the few lucky ones who hold some of the 19% Free Float.
Once the threshold are taking up by Calvin's Johor Buddies & clever ones in i3 Forum Bpuri can easily go limit up like Ipmuda!
Hooray!!
According to Ben Graham/ Walter Schloss the margin of safety is 30% discount to NTA. So Bpuri NTA is now 93 cts. After 30% discount is 65 cts.
Bina Puri Holdings Bhd executive director Matthew Tee Kai Woon is of the view that Budget 2017 will be positive for construction firms, with more contracts to be awarded in the final quarter of this year.
“The immediate one will be MRT2 and LRT3, followed by the Sabah section of Pan Borneo Highway next year,” he commented.
Tee also advised investors to start looking at construction stocks, because they are the prime beneficiaries of mega infrastructure projects.
“It should be a good year for us. If the oil price rebounds, there will be a lot of oil and gas projects that require general works from us,” he further said.
Calvin Comments:
NO WONDER MATTHEW TEE INCREASED HIS BINA PURI SHARE HOLDINGS FROM 1.2% TO ALMOST 10%. HE IS SO CONFIDENT OF WINNING PROJECTS FOR YEAR 2017 BUDGET? 04/10/2016 10:17
After reading all your comments, i think better do own homework. I am newbie here. As construction sector will benefits in Budget 2017, hope BPuri get a slice of job and slowly ramp up the price. Gadang too high for me. Even Gamuda-W which is heavily promoted by KYY, i will also avoid.
Posted by TheContrarian > Oct 5, 2016 08:29 AM | Report Abuse
Matthew Tee only owns 1.85% of the Bina Puri. His indirect interest is held mostly through his father, Tan Sri Datuk Tee Hock Seng.
Calvin noted
Thanks for high lighting this. Will check on this later.
I am happy to answer Icon8888's question
Posted by Icon8888 > Oct 5, 2016 07:57 AM | Report Abuse
Whether you can make money to follow Calvin to buy Bina Puri will depend on coming quarters results. If results are good, you will make money. Otherwise you will get stuck
Everything else is irrelevant, especially Charter Accountant
Calvin answers:
If you check the project awards
YOU WILL NOTICE THAT MANAGEMENT ALREADY CALCULATED THAT THOSE PROJECTS AWARDED IN YEAR 2015 WILL SHOW UP POSITIVELY IN THE RESULTS ENDING FOR YEAR 2016
Rm80 Millions for 440 Units of Flats in Sabah
The Board is pleased to announce that Bina Puri Sdn. Bhd., a wholly owned subsidiary of Bina Puri Holdings Bhd. had accepted the award for the role of project management consultant for the project known as “Mereka Bentuk, Membina dan Menyiapkan 440 unit rumah pangsa 5 tingkat (walkup flats) serta kerja-kerja berkaitan dengannya untuk Program Perumahan Rakyat (PPR) di Pitas, Sabah from Arus Sutera Sdn. Bhd. at contract sum of RM80 million. The works mentioned above shall be completed within 42 months.
The said project is expected to contribute positively to the net assets and earnings of Bina Puri Group for the financial year ending 31 December 2016.
NOTE: THE SAID PROJECT IS EXPECTED TO CONTRIBUTE POSITIVELY TO THE NET ASSETS AND EARNINGS OF BINA PURI GROUP FOR THE FINANCIAL YEAR ENDING 31 DECEMBER 2016
Rm73 Millions For RAPID Project from PETRONAS
EXECUTION OF PIPE SLEEPER AND UNDERGROUND SERVICES PACKAGE FOR PACKAGE-22 RAPID PROJECT The Board is pleased to announce that Bina Puri Sdn. Bhd., a wholly owned subsidiary of Bina Puri Holdings Bhd. had accepted the Letter of Award from Punj Lloyd Sdn. Bhd. on 9 June 2016 for the execution of pipe sleeper and underground services for Package-22 RAPID project at contract sum of RM73 million. The works mentioned above shall be completed within 18 months.
With the latest award mentioned above, the Group’s unbuilt book order stands at RM1.62 billion as at to date.
The said project is expected to contribute positively to the net assets and earnings of Bina Puri Group for the financial year ending 31 December 2016 from the contract income in respect of progress payment received
NOTE: THE SAID PROJECT IS EXPECTED TO CONTRIBUTE POSITIVELY..... ....FOR FINANCIAL YEAR ENDING 31 DECEMBER 2016 FROM THE CONTRACT INCOME IN RESPECT OF PROGRESS PAYMENT RECEIVED.
NOTE FURTHER THESE WORDS CAREFULLY:
"CONTRACT INCOME IN RESPECT OF PROGRESS PAYMENT RECEIVED"
In other words BPURI's RM2 BILLIONS JOB AWRDED IN YEAR 2015 WILL HAVE PROGRESSIVE INCOME ESPECIALLY IT WILL SHOW UP IN THE ACCOUNTS OF 31 DECEMBER 2016
So Seeing GOOF RESULTS AHEAD MATTHEW LEE IS NOW PROGRESSIVELY LOADING UP BPURI SHARES ON THE QUIET
And for Projects Awarded for Year 2016 the results will show up in the Balance Sheet for 31 December 2017.
And More:
Since Malaysia's GE is coming soon there will be more project awards for BPuri as it is Govt Linked. See Pm Najib gave lots of projects to GKent & GKent shares have more than doubled in price by now.
Both UMNO & MCA Companies will need cash for the coming GE - latest by year 2018.
And read carefully the words of BPuri's Matthew Tee:
Bina Puri Holdings Bhd executive director Matthew Tee Kai Woon is of the view that Budget 2017 will be positive for construction firms, with more contracts to be awarded in the final quarter of this year.
“The immediate one will be MRT2 and LRT3, followed by the Sabah section of Pan Borneo Highway next year,” he commented.
Tee also advised investors to start looking at construction stocks, because they are the prime beneficiaries of mega infrastructure projects.
“It should be a good year for us. If the oil price rebounds, there will be a lot of oil and gas projects that require general works from us,” he further said.
NOTE:
1) BUDGET 2017 WILL BE POSITIVE FOR CONSTRUCTION FIRMS 2) MORE CONTRACTS TO BE AWARDED IN THE FINAL QUARTER OF THIS YEAR 3) IMMEDIATE ONE WILL BE MRT2 and MRT3 4) FOLLOWED BY PAN BORNEO HIGHWAY NEXT YEAR (Bpuri with CMSB already secured Sarawak side. Now Brunei & Sabah portion coming soon) 5) HE ALSO ADVISED INVESTORS TO START LOOKING AT CONSTRUCTION STOCKS 6) BECAUSE THEY ARE PRIME BENEFICIARIES OF MEGA INFRARSTRUCTURE PROJECTS 7) IT SHOULD BE A GOOD YEAR FOR US (BPURI) 8) IF OIL PRICE REBOUNDS, THERE WILL BE A LOT OF OIL AND GAS PROJECTS THAT REQUIRE GENERAL WORKS FROM US
AND FURTHER NOTE: BPURI's SUBSTANTIAL SHARE HOLDERS IS MMC'S BOSS. Although he is holding BPuri Shares in private capacity I think if BPuri needs help MMC will definitely be there.
ALL THE SALIENT FACTORS POINT TO A VERY POSITIVE TIME AHEAD FOR BPURI
Jentera Jati once a largest shareholders has paired down their stakes from over 20% to less than 10% !
And, another prominent business man owned company Bumimaju Mawar has also sold their stakes from over 19% in year 2010 to almost 0% ( not even appeared in the 30 largest shareholders list ) !!
I believe we should also asked ourself why should we buy into Bina Puri if the riched has sold their's at loss ?
Gen2 Please also take notice that Jentera Jati once a largest shareholders has paired down their stakes from over 20% to less than 10% !
And, another prominent business man owned company Bumimaju Mawar has also sold their stakes from over 19% in year 2010 to almost 0% ( not even appeared in the 30 largest shareholders list ) !!
I believe we should also asked ourself why should we buy into Bina Puri if the riched has sold their's at loss ? 05/10/2016 15:58
Yes, Gen2,
Jentera Jati is owned by MMC Boss privately.
fyi
Former Gamuda Director son also took up private placement of BPuri shares at Rm1.00. He is still the Top 2 shareholder of BPuri. His name is Ng Keong Wee.
So over the years substantial holders come and go.
BUT I AM MORE INTERESTED IN WHAT CURRENT DIRECTORS ARE DOING.
Last time I saw INSIDERS OF TN LOGIS BUYING AT RM1.50 & I FOLLOWED THEM. TN LOGIS LATER GAVE BONUS ISSUE, WARRANT AND SHARE SPLIT - PRICE SHOT UP TO RM7.00 and SPLIT UP 500%
SO I EXPECT SOMETHING GOOD TO HAPPEN FOR BPURI ALSO 05/10/2016 17:15
Posted by calvintaneng > Oct 7, 2016 01:58 PM | Report Abuse X
Ok guys,
I have updated the Rm1.35 Billions Pan Borneo Award of which BPuri stated its total then was Rm480.66 Millions.
Will keep all updated as and when Company Announce More New Project awards.
Btw,
I spoke to one Johor Buddy today. He mentioned that he missed buying GKent because it was thought that GKent is only a mediocre company dealing with water meters. Never expected GKent to win MRT project awards.
He mentioned that it was a political link that got GKent such projects. And GKent price shot past Rm2.00
And this same thing is now being done for BPuri. After all BPuri is also politically linked and with General Election expected latest by year 2018 BPuri should be doing well.
That's all for the time being.
See you all.
Please buy or sell according to your own discretion
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
VenFx
14,784 posts
Posted by VenFx > 2016-10-03 10:15 | Report Abuse
How, Bpuri can survive from Increasingly cost of steel bar with such high receiveable and extremely low margin. Calvin pls spare the newbies here lar ...