BINA PURI HOLDINGS BHD

KLSE (MYR): BPURI (5932)

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Last Price

0.285

Today's Change

-0.01 (3.39%)

Day's Change

0.28 - 0.29

Trading Volume

952,300


11 people like this.

4,921 comment(s). Last comment by damansaraeagle 3 weeks ago

calvintaneng

56,717 posts

Posted by calvintaneng > 2016-10-04 09:14 | Report Abuse

Go Go Power Ranger!

Go like Jaks from 40 cts to Rm1.20!!

Gowingo

154 posts

Posted by Gowingo > 2016-10-04 09:40 | Report Abuse

PE 40


What a ridiculous PE.


Really high risk stock.


Be better watch out.

Gowingo

154 posts

Posted by Gowingo > 2016-10-04 09:40 | Report Abuse

Bpuri price now in lofty valuation.


So watch out.


Sell before you regret.

calvintaneng

56,717 posts

Posted by calvintaneng > 2016-10-04 09:44 | Report Abuse

No Risk at all.

INSIDERS HAVE GOBBLED UP TO 81% OF TOTAL PAID UP SHARES NOW!

BPURI WILL BE ANOTHER CANDIDATE FOR PRIVATISATION LIKE KULIM.

Last quarter result for Kulim was even negative. YET JCORP TOOK KULIM PRIVATE AT RM4.10

Calvin Told All to Buy KULIM At Rm2.50

All who followed Made Rm1.60 or 60% FROM KULIM!

For BPuri last quarter result was positive. By End 2016 according to Management There Will Come Out Exceptional Set of Results

The Trick is to Buy NOW when Market is unaware!

BUY AND HOLD TIGHT TIGHT!

VenFx

14,784 posts

Posted by VenFx > 2016-10-04 09:59 | Report Abuse

Trap !!!

calvintaneng

56,717 posts

Posted by calvintaneng > 2016-10-04 10:02 | Report Abuse

Posted by VenFx > Oct 4, 2016 09:59 AM | Report Abuse

Trap !!!

Trap?

You Are Trapped in Conman Corp

Only 19% Free Float Left Now!

All Buyers holding BPuri will get a HUGE WINDFALL IF COMPANY TAKEN PRIVATE!!

Taken Private like Super Enterprize, Kulim & TMakmur!

mamatede

3,950 posts

Posted by mamatede > 2016-10-04 10:19 | Report Abuse

If i buy Bina puri in 2012, in 2016 i have already lose 50% of my capital...

calvintaneng

56,717 posts

Posted by calvintaneng > 2016-10-04 10:19 | Report Abuse

EXTRA! EXTRA! EXTRA!

GOOD NEWS JUST RELEASED!!

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

VenFx

14,784 posts

Posted by VenFx > 2016-10-04 11:26 | Report Abuse

Spare the newbies, Calvin .

paperplane2016

21,668 posts

Posted by paperplane2016 > 2016-10-04 12:33 | Report Abuse

MCA kaki stock, I skip this one

Posted by yamsengtom > 2016-10-04 13:38 | Report Abuse

Calvin, I've just decided to follow you on this BPURI. Hopefully it will fly tuju ... langit, like Ayam Tua said.

Sometimes there seems to be no logic in the stock market. Either you use FA, TA, FVI will work or not. Like now, where got logic even LIONCOR to be delisted also can jump from 1.0 to 1.5 sen. Maybe some people have information that we do not have or just pure speculators. And recently also there are trades with MAXWELL and MAXWELL-WA even though this company has no business as discussed in i3investor. Yes, their QR report looks good - very creative accounting with NTA of around 0.50. But do they really manufacture shoes and how many of us have seen their factory operations in China, well apart from the company sponsored trip for remisiers and agents/promoters. Photoshop images? So, I believe some speculators or maybe syndicates are trying to goreng this MAXWELL stock before it goes into oblivion.

I have faith (if there's such a thing as faith in stock trading) that BPURI will fly. Its NTA is 0.91 and it's got the contracts with the government - sure can pay. Well, there are also the downsides as mentioned by your detractors, Calvin.

Posted by yamsengtom > 2016-10-04 13:54 | Report Abuse

Oh ya, for the record I entered BPURI this morning with an average price of 0.422. I guess Calvin might have entered at 0.38, so by now it has rallied more than 10% for him. Sorry Calvin if my assumption is off. So, maybe this evening I'll pray to the stock gods to push up this stock.

Sayonara.

calvintaneng

56,717 posts

Posted by calvintaneng > 2016-10-04 13:55 | Report Abuse

Posted by yamsengtom > Oct 4, 2016 01:54 PM | Report Abuse

Oh ya, for the record I entered BPURI this morning with an average price of 0.422. I guess Calvin might have entered at 0.38, so by now it has rallied more than 10% for him. Sorry Calvin if my assumption is off. So, maybe this evening I'll pray to the stock gods to push up this stock.

Sayonara.

Calvin answers:

I added more from 41.5 to 42.5 cts today

calvintaneng

56,717 posts

Posted by calvintaneng > 2016-10-04 13:57 | Report Abuse

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

SEE

I bought even more BPuri shares this morning after the above news came out

asriruslan

2,081 posts

Posted by asriruslan > 2016-10-04 14:45 | Report Abuse

time to accumulate more

Gowingo

154 posts

Posted by Gowingo > 2016-10-04 15:02 | Report Abuse

PE 40


What a ridiculous PE.


Really high risk stock.


Be better watch out.



Bpuri price now in lofty valuation.


So watch out.


Sell before you regret.



People ask you to buy this stock,


because they are selling it


So watch out.

bleuerouge

3,221 posts

Posted by bleuerouge > 2016-10-04 15:34 | Report Abuse

hold tight

mamatede

3,950 posts

Posted by mamatede > 2016-10-04 15:35 | Report Abuse

God bless Calvin !

calvintaneng

56,717 posts

Posted by calvintaneng > 2016-10-04 15:38 | Report Abuse

God bless Calvin?

Thank you.

Bpuri?

B for blessed

P for people.

Blessed People!

Yes, may God richly bless people here.

VenFx

14,784 posts

Posted by VenFx > 2016-10-04 16:02 | Report Abuse

Beware of moderator pump 5-10% up from $0.40 , them start trap those followers of Calvin call. Unwise to put your money here .

bleuerouge

3,221 posts

Posted by bleuerouge > 2016-10-04 16:20 | Report Abuse

hope can close 43c

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-10-04 16:29 | Report Abuse

bleuerouge will you think this year got 2sen dividend ?

bleuerouge

3,221 posts

Posted by bleuerouge > 2016-10-04 16:42 | Report Abuse

Angielim9955 yea, why not?

VenFx

14,784 posts

Posted by VenFx > 2016-10-04 17:34 | Report Abuse

http://klse.i3investor.com/blogs/Goldeneggs/105689.jsp
Calvin , why Bpuri has such highly RECEIVABLE of $100mil compared to it's $2.5mil net profit annually ? Isn't it super high risk to mislead your followers here ?
Bad karma for you !

calvintaneng

56,717 posts

Posted by calvintaneng > 2016-10-04 18:19 | Report Abuse

What is wrong with Bpuri receivables?
Rock Solid jobs with Federal government, trengganu govt, sabah govt and Petronas.

All iou are from rock solid govt projects unlike ifca from china cos. same for conman corp receivables which are questionable.

VenFx

14,784 posts

Posted by VenFx > 2016-10-04 18:26 | Report Abuse

Still Twist around ? If, u are not able to foresee the threat of this , how can you simply ask newbies here juz follow u to holland ah ?
The fatal one is their huge borrowing ... u are crossing the death horizon.

VenFx

14,784 posts

Posted by VenFx > 2016-10-04 18:55 | Report Abuse

You call that Solid ? Oh my god .
You are absolutely can say anything u like without substances or precisely juz talk rubbish here.
Non Credible At All !!!

ezobear

474 posts

Posted by ezobear > 2016-10-04 19:22 | Report Abuse

1. Market discounts everything
2. 2.6M share traded today not because of Calvin's recommendation
3. Calvin think now is the bottom & VenFx think that the price can goes lower. Your money you decide which direction is correct.
4. Sharing from my sifu: 股价八大因素:大盘,筹码,型态,成交量,股性,时空,庄家意图,启动点。study these 8 dimension kaw kaw before buy or sell a share, do not rely on posting in i3. Both Calvin & VenFx are correct in their perspective, no point to argue here. Time will prove who is the winner.
4. Matthew Tee rocks, he will be the superstar in construction.

VenFx

14,784 posts

Posted by VenFx > 2016-10-04 20:09 | Report Abuse

Nope, I'm predicting Bpuri going to pump up 5-10% . But, it is an investment that worth your money ? While I'm arguing Calvin always deliver his half truth friction story can misleading most i3 newbies here. THE POINT IS CALVIN IS A LIAR !

VenFx

14,784 posts

Posted by VenFx > 2016-10-04 20:11 | Report Abuse

For Bpuri, I foresee it is a speculation play. So, one shud got to be nimble in this kind of trading activities.

VenFx

14,784 posts

Posted by VenFx > 2016-10-04 20:14 | Report Abuse

n another word, Bpuri is totally out of league for a Fundamental play.

calvintaneng

56,717 posts

Posted by calvintaneng > 2016-10-04 20:17 | Report Abuse

Ladies & Gentlemen,

I am Calvintaneng here!

First I want to apologise to Gen2 for not replying to his specific request about BPuri has only 33% stake in USJ Main Place Mall.

Let me explain my position:

What I wanted to highlight is that BPuri has Rm205,000,000 worth of Money in Main Place Mall. So it is inconsequential whether BPuri ouw 33%, 50% or 100%.

My Main Focus is If BPuri Needed CASH it can sell off this asset and convert it into CASH.

To me NTA (Net Tangible Asset) backing is VERY IMPORTANT AS A MARGIN OF SAFETY.

THIS IS THE REQUIREMENT MENTIONED IN THE BOOK

THE INTELLIGENT INVESTOR By Ben Graham

Ben Graham's criteria for picking a stock is

IT SHOULD BE SELLING AT AT LEAST 30% DISCOUNT TO NTA

That means that BPuri current NTA is 93 cts.

The Margin of safety if to buy up to 65 Cts. Why 65 Cts?

Because 65 cts is actually 70% of 93 cts.

SO I POINTED THE IMPORTANCE OF BPURI'S RM205,000,000 WORTH OF ASSET IN MAIN PLACE MALL.

So in time of emergency Main Place Mall (33%) Could be sold for RM205 MILLIONS TO PAY OFF DEBT. BPURI ALSO GOT OTHER REAL ESTATE VALUABLE ASSETS)

BPURI Also Own:

TOLL ROAD.
Again this is a recurring CASH COW.
And if needed This Can Also BE CONVERTED TO CASH.


POWER SUPPLY DIVISION
Again this could be sold off for cash just like 1MDB selling off Power Concession to China for cash.

QUARRY & READY MIX CONCRETE ASSET

HOSPITALITY DIVISION

SHOP/OFFICES FOR RECURRING INCOME

So these above constitute the 93 Cts NTA of Bpuri.

And all things being equal

All Assets - Debts show a NET NET of 93 CTS for BPuri

So at 42.5 cts BPuri is selling at a WHOPPING 55% DISCOUNT TO NTA!

I hope you all can SEE!

VenFx

14,784 posts

Posted by VenFx > 2016-10-04 20:24 | Report Abuse

Trading Market has discounted most Properties asset by 50% . For a small player in this section 50% discount considered very generous. There are much more efficient player in the market..eg . Hohup , Matrix , Tambun ... or even Hapseng and Cresendo a brilliant.

Posted by buddyinvest > 2016-10-04 20:25 | Report Abuse

Hehe Calvin the "gong kia sai"

VenFx

14,784 posts

Posted by VenFx > 2016-10-04 20:43 | Report Abuse

KSL is doing very good with their efficient and improving result recently. Honestly, I'm seriously looking into Ksl .

Sorry musangfoxking bro, I reveal it here. I know u been accumulating Ksl recently.

VenFx

14,784 posts

Posted by VenFx > 2016-10-04 21:03 | Report Abuse

Better rest my case now.

calvintaneng

56,717 posts

Posted by calvintaneng > 2016-10-04 21:16 | Report Abuse

Another piece of good news for BPuri

Now Brunei also join Pan Borneo Highway

Malaysia, Brunei to initiate discussions on Pan-Borneo Highway network
http://www.thestar.com.my/news/nation/2016/10/04/malaysia-brunei-to-initiate-discussions-on-pan-borneo-highway-network/

mbge7clt

755 posts

Posted by mbge7clt > 2016-10-04 21:31 | Report Abuse

this stock start to move today?

TheContrarian

9,507 posts

Posted by TheContrarian > 2016-10-05 00:30 | Report Abuse

Matthew Tee only owns 1.85% of the Company. His indirect interest is the shares mostly held by his father, Tan Sri Datuk Tee Hock Seng.

calvintaneng

56,717 posts

Posted by calvintaneng > 2016-10-05 08:51 | Report Abuse

Posted by calvintaneng > Oct 5, 2016 08:45 AM | Report Abuse X

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 GOOD RESULTS AHEAD MATTHEW LEE IS NOW PROGRESSIVELY LOADING UP BPURI SHARES ON THE QUIET

To be continued...

Tortoise

249 posts

Posted by Tortoise > 2016-10-05 08:56 | Report Abuse

Court case still not settle, how to up?

calvintaneng

56,717 posts

Posted by calvintaneng > 2016-10-05 09:08 | Report Abuse

Already settled. Go read Annual & Quarterly report your self

calvintaneng

56,717 posts

Posted by calvintaneng > 2016-10-05 09:08 | Report Abuse

Posted by calvintaneng > Oct 5, 2016 09:07 AM | Report Abuse X

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

BPURI - AN IDEA WHOSE TIME HAS COME!

Tortoise

249 posts

Posted by Tortoise > 2016-10-05 09:24 | Report Abuse

Thks

Tortoise

249 posts

Posted by Tortoise > 2016-10-05 09:25 | Report Abuse

Long time did follow Tis counter

Tortoise

249 posts

Posted by Tortoise > 2016-10-05 09:31 | Report Abuse

I'll look on it

bleuerouge

3,221 posts

Posted by bleuerouge > 2016-10-05 09:55 | Report Abuse

what kind of game are they playing?

calvintaneng

56,717 posts

Posted by calvintaneng > 2016-10-05 10:23 | Report Abuse

bleuerouge

what kind of game are they playing?
05/10/2016 09:55

What kind of game are they playing?

That's a Very Intelligent Question indeed.

They are telling you from very little earnings & high debt high gearing on the surface. Every knowledgeable Accountant who takes a look at BPuri financial results for the past years will shake their heads and stay away.

On the other hand they "KNOW" what is the "True" Status of the Company and are quietly loading & loading up.

I spoke to Remisier Thomas from OSK/RHB Tmn Molek Branch, Johor yesterday about his excellent stock pick of Tomypak in year 2009 when Tomypak was only 40 cts.

At that time Tomypak shows very erratic results but INSIDERS were nibbling & nibbling Tomypak shares very quietly at 40 cts. INSIDERS Share Buying did not push up prices as they wanted to buy Tomypak on the cheap.

It was a game of demoralising shareholders with little dividends & erratic earnings on the surface BUT DEEP DOWN THERE WERE HIDDEN AGENDA.

After accumulating enough Tomypak shares at 40 cts THEY SUDDENLY DECLARED A 4 CTS DIVIDEND TO THE SURPRISE OF ALL.!!

And by year 2010 TOMYPAK PRICE SHOT UP TO A NEW HIGH OF RM1.55 (SPG By Dynaquest)

It went on to touch Rm4.00 & split. Tomypak up 1,000% (A 10 baggar share!)

So is this game played on Tomypak now being played by INSIDERS?

eKe

4 posts

Posted by eKe > 2016-10-05 10:31 | Report Abuse

wow your story sounds like the one in the movie

i_investor

934 posts

Posted by i_investor > 2016-10-05 11:11 | Report Abuse

thumbs up to calvintaneng !

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