Posted by HighRiskInvestor > 2016-10-13 11:25 | Report Abuse

@ GP01, good points. I think this will be start of good discussion, thanks man

But to clear my doubt, by raising PP of 25mio shares (hope I'm right) @ RM0.50/share, this will only bring them only extra cash for RM12mio. Based on my experience, this is only a small sum, and Bankers are happy to serve them. And also I believe BPuri is having few credit line from Bankers minimum worth More than RM1b on their hands (normally it will be 10times over marketcap)

And without this Additional RM12m coming in, will BPuri suffer financial difficulties?

Posted by HighRiskInvestor > 2016-10-13 11:27 | Report Abuse

@ VenFx, sorry to say it, when u said that many sifu in this forum has express how bad is the situation for BPuri, I don't agree with this. From what I saw from all the comments, I don't really see strong points from either side. That's why I'm confuse.

Posted by HighRiskInvestor > 2016-10-13 11:30 | Report Abuse

Like what I said previously, I am looking for Long term investment, not short term. View should be about future.

@ Calvin, please give ur view as well, not just giving strong buying call.

Please make this forum discussion on BPuri more in depth ok? Thanks VenFX for your view

Posted by traderman > 2016-10-13 11:31 | Report Abuse

HighRiskInvestor And also a questions to naysayers and Calvin,

I have RM50k free cash flow now, I want to invest in stocks which will bring me high return in 3 years (not for 10%-15% short term gain), why must I "invest in BPuri now" and why must I "not invest in BPuri now".

If I do invest into BPuri now, what will be my return in 3 years (either a positive or negative return)

I guess for most of the viewers, we are expecting this too, if for speculation, BPuri is not a good counter for short term gain.

No one is right or wrong on 3 years investment, please give ur view so that most of us can make our choice.

Thanks guy

---------------------------------------------------

if i am you i will rather invest in gadang.

oh yeah calvin may say gadang is 3.0 now, should buy bpuri which is 43 cent now.

he only see price and he never see value.

Posted by GP01 > 2016-10-13 11:34 | Report Abuse

Highriskinvestor. The questions you are asking really tells me that u are a super newbie. This is unfortunate as your investing style will be very risky as shown from your id.

Chaces are u will lose some money. All of us who invests do lose some money at some point. The trick is to learn n keep on learning from your mistakes. Read books. Dun just follow ppl advicesvlike calvin.

I recommend u study icon8888 n kc chong ways of investings better.

Btw how much u make or lose in 3 years time is a very naive question. This is becoz we just dun know the future.

Furthermore it is so subjective n prone to so many variables.

Risks will always be there. The trick is to buy at a minimal risk then leave it there to just go up. It may go down, but if the company u buy is solid with projects n good cash flow or expanding n plenty assets why worry.

U must study n read. Investing is an art....its not fixed like a maths question. A + b = c....no such thing.

This is my best advice cheers.

Btw do u think bpuri is risky or good? Good u can buy, some others may not buy.risky? Others buy but i wont buy. You see its your choice...but try to make it the correct one. There is no right or wrong

Posted by calvintaneng > 2016-10-13 11:38 | Report Abuse

Aiyoyo,

Now Bpuri has retraced to 42.5cts.

So how?

Tell you what?

Last time Calvin called for a buy on Perak Corp at 60 cts.

Then Perak Corp dropped to :40cts.

Aiyoyo!

Perak Corp at 40cts?

Cut loss?

NO NO NO.

BUY MORE PERAK CORP AT 40 Cts..


Then?

Kaboooom Perak Corp shot to Rn3.60.

So those who bought Perak Corp at 60 cts made 600%

Those who bought during panic sell when Perak Corp was 40 cts did even better - up 900%

So the lucky ones who get Bpuri at 42.5 cts will make even more later.

Are YOU ready to buy some?

Posted by GP01 > 2016-10-13 11:39 | Report Abuse

No thx calvin i will only buy when below 20c hehe

Posted by traderman > 2016-10-13 11:43 | Report Abuse

wah, if below 20 cent calvin declare bankcrupt d as loss 100%

Posted by HighRiskInvestor > 2016-10-13 11:45 | Report Abuse

@ GP01, actually I'm not a novice. But was actually looking at this counter since beginning of Jul when they are some corporate movement. To be precise even before Calvin is giving a buying call. My investment style is too look at high return.

Everyone can give their future view, no right or wrong. Just like when u want to invest in property, u are actually looking at future value.

I'm not expecting 100% Forecast Accuracy, but looking at reason why should I invest or not to invest at BPuri now. If I lose on my capital, I won't blame anyone who give the advice.

I'm just expecting more solid or high level advice on my move on BPuri.

Thanks GP01

Posted by GP01 > 2016-10-13 11:56 | Report Abuse

Well highrisk, i wouldnt say bpuri will go bankrupt...they do have lots of projects so can roll over their cash flow from projects to keep the ball rolling. But the risk is there.

In general i think ppl can buy bpuri...but at a lower price to minimize your risk of losing. In general i think below 20c can consider. But u must understand u maybe stuck for a year at least to see bpuri recover (depends on management) n share price go up.

I am sure some anaylst will wrtie a report on bpuri soon...so u can check this out too. Cheers

Posted by VenFx > 2016-10-13 11:58 | Report Abuse

HighRiskInvestor ,

If, u have time can study (Econbhd) for it's serve the construction at the initial stage which in return have better gauge of cash flow.

Toll conssesion play ( Ekovest ),
M&A play , still pending furthur formal ink of agreement. (Mtdacpi)
pan Borneao contract bigge3st beneficiary (KKB).
Excellent resultrs (Gadang & Gkent)

O&G - Hibiscus & Dayang / Pantech .
exporter - Comcorp / johotin / superln /Eg /Jhm /Penta
Tech & Solution - Krono / Salute / Solution

Posted by HighRiskInvestor > 2016-10-13 12:20 | Report Abuse

@ VenFx and GP01, really thanks for ur view.

Would like to focus on BPuri now. Was actually looking their corporate movement for few months. Suspecting that surprise will happen in next few months. BPuri is going to have controlling stake in Ideal Height (yes, IH is actually majority own by insider of BPuri), and like what Calvin has mentioned, PP and ESOS, are these insider actually trying to raise holding? Why? I don't think they are in financial trouble, few 10 Mio will not help them.

Still undecided whether to move in or not. I'm not looking at statistic, I'm thinking in commercial point of view.

I have some extra cash flow now, I'm looking beyond 50% return and not interested in property as is not to liquid. My investment style is not on short term. Putting money in bank will dilute my cash.

Thanks guys for your view

Posted by musangfoxking > 2016-10-13 12:20 | Report Abuse

yes,,BUY BUY bpuri at 0.30!!!! that's the tp of calvin!!!!!! kikikikikiki

Posted by HighRiskInvestor > 2016-10-13 12:24 | Report Abuse

Before Calvin is shouting here, there were no discussion on BPuri, so I have very limited info hence can't do any decision. Since now many comments here now, I think you guys can share more advice.

Posted by chowsingchi > 2016-10-13 12:51 | Report Abuse

investing really subjective topic wan wor...no right or wrong worrr

its really just ur choice if u think can get 50% profit. hard to say wor...

and this is exactly why not all makes money from the stock markets...even calvin chan says 100% but in reality? who knows? will he show u his bursa statements? hahahhaha

faham tak?

Posted by HighRiskInvestor > 2016-10-13 13:00 | Report Abuse

U are right, to make investing more fun, constructive view will make it more fun. Forget about that fella, let's focus on will u invest in this counter and why yes or no

Posted by HighRiskInvestor > 2016-10-13 13:01 | Report Abuse

I'm not expecting sure win, sure win need to invest in FD

Posted by chowsingchi > 2016-10-13 13:02 | Report Abuse

company with pe 40 no thx for me la

Posted by HighRiskInvestor > 2016-10-13 13:14 | Report Abuse

@ chow, high PE with potential should be ok?

Posted by cresbinvest > 2016-10-13 13:23 | Report Abuse

closed lower and lower...

Posted by Un Tong > 2016-10-13 13:30 | Report Abuse

@HighRiskInvestor
my view is investing is taking care of downside before look for upside potential, but when you taking extra risk, make sure you are rewarded with very high returns
for Bpuri, from their historical profit (2006 until now), there are not many quarters that fell into big losses although their profit margin is thinner and thinner, i think due to two reasons:
1) lesser profit attributable to shareholders due to more payout to minority shareholders
2) higher financing cost
are these issue addressable?
1) they can up their stake in their holdings companies, like what KESM did
2) reduce their gearing, do PP, listing on Indonesia exchange for their power supply in indonesia, sell land, sell building etc

i will not overly worried about low profit margin by them as i think it is not smart when government is your client, you dont want to earn high profit margin from government, not to mention more under public scrutiny.
But why still do business with goverment? you may get concessionaire, land, right to develop things in prime area, business opportutinities etc, but these rewards may not immediate and may only surface after many years.

of course the risk is huge too, high gearing, potential cost overrun. so the return required is very high. so if not for the potential court award of up to RM900+ mil i will wait and see too

just sharing. high return always associated with highest risk especially with government related companies.

Posted by pypw > 2016-10-13 13:36 | Report Abuse

No dividend given company i will not buy. This year Bina Puri no dividend announce yet,

Posted by WeaponX > 2016-10-13 13:45 | Report Abuse

Cashed out n switched to Hohup. High profitability company & well undervalued with PE <4X! Anytime a better deal !!

Posted by calvintaneng > 2016-10-13 13:49 | Report Abuse

What is the actual p/e of bpuri

if Rm205 millions Main Place Mall is sold and converted to Cash?

Any accountant can calculate?

Any analyst out there?

If Rm205 millions asset converted to Pure Cash.

What is BPuri's P/E?

That is the unknown secret!!!

I know I am rich!

YAHOOOOOOOOO!!!!

Posted by pypw > 2016-10-13 13:50 | Report Abuse

Those provide dividend to their share buyers is a responsible and trustful companies. I will consider long term investment .

Posted by HighRiskInvestor > 2016-10-13 13:51 | Report Abuse

@ Un Tong, this is what I want to get. I'm always look at non paper statistic, need someone to give more information from what I missed.

Is their power plant listed in Indonesia? I can't recall any news on the listing yet after they had announce it in May.

Posted by calvintaneng > 2016-10-13 13:56 | Report Abuse

Got power plant only?

Also got toll road!

And Quarry lands!

Rows of shophouses!

The Opus - A building of Opulence!!!

Got Rm400 million Pan Borneo Highway job!

Got Rm73 millions Pengerang Job

Got Rm230 million Prima housing job!

Got rm15 billions jv with China co in Kuantan Seafront Resort.

And coming soon

Mrt2

Mrt3

How not to fly fly fly like Gkent and Gadang?

JUST THINK AND THINK CAREFULLY!

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

@ Un Tong, thanks for ur info on possible court award. I really missed that. Guess u have been following them for quite some months.

Posted by HighRiskInvestor > 2016-10-13 14:00 | Report Abuse

@ Calvin, calm down. He is only highlighting possible surprise income when they lost their power plant in Indonesia. No one ignore that BPuri has power plant

Posted by HighRiskInvestor > 2016-10-13 14:01 | Report Abuse

"list"

Posted by chowsingchi > 2016-10-13 14:34 | Report Abuse

if bina puri keep declaring low profit per quarter u will see their share price keep dropping lower n lower hehe

P/e is calculated from EPS. period...not IF or WHEN they sell assets or not.

either u sell or dun sell.

fantasy story teller...sheesh

Posted by HighRiskInvestor > 2016-10-13 14:38 | Report Abuse

share price is determine by market perception. Not on profit, is on demand and supply.

Perception on future potential will influence demand and supply

Posted by chowsingchi > 2016-10-13 14:41 | Report Abuse

umm u mean if company no show profit at all....share price will still go up?

wow......

Posted by musangfoxking > 2016-10-13 14:48 | Report Abuse

calvintaneng Don't time the market.

Get in while it is still cheap.
=====================================
100% betul,...... wait... wait .. wait until 0.20 then buy!!!!

Posted by chowsingchi > 2016-10-13 14:50 | Report Abuse

musang bruther, i support u!!!

Posted by syang > 2016-10-13 14:57 | Report Abuse

The big boss of BPURI, once said would not let investors make easy money...so just wait for the blue moon to appear

Posted by chowsingchi > 2016-10-13 15:05 | Report Abuse

just curious whats the shareholding of bina puri like?

Posted by HighRiskInvestor > 2016-10-13 15:23 | Report Abuse

U don't agree that share price is determine by perception? U have predicted a bleak future for BPuri, so u believe that current price level is too high.

But some other will see the strong future, so is consider cheap now.

Am I right?

BPuri has been in rock bottom price now even if it has increased since end of Aug. In corporate, most of the insider are cunning, they will hide some information to manage share prices. What I see now is insider want to make gain after few years of accumulating. As I believe there might be further surprise in coming month.

This is only my believe. Is like when MH had double tragedies, I bought in huge amount of MH stocks when stocks prices crashed to new low. It was a gain for me when they announced to take MH private. That for me was a surprise, thought they will continue with the float and restructure it and then share prices will climb over years.

If MH re-list again in market, I believe Khazanah will have huge gain. Every corporate will go thru corporate exercise and restructuring. I see now BPuri might be the one gem for 2017.

What I want to say is try to look into their corporate movement. I might be wrong, but for me BPuri might be a stocks which worth to take. I'm actually seeing the potential of 100% gain by Jun 2017 from the current price.

Posted by chowsingchi > 2016-10-13 15:25 | Report Abuse

so if u believe it to be true ...then buy lo. we are all here for discussion ma. hehe

Posted by calvintaneng > 2016-10-13 15:26 | Report Abuse

Hahaha!

John Maynard Keynes called it the animal spirits during the Great Depression. And Alan Greenspan called it irrational exuberance.

The greed to chase hot bubble stocks and the fear that led to dumping of Value Stocks like Bpuri shows that people should sell into euphoria and. buy pessimism like now.

Calvin and Johor Buddies are happy to buy Bpuri on weakness today.

We don't time the market.

We just added a little more while price is still cheap.

The time to be cautious is when Bpuri crossed Rm1.00

And for that we can happily wait.

Posted by GP01 > 2016-10-13 15:34 | Report Abuse

highrisk, like i said before there is no right or wrong way. u think got chance, then by all means go ahead. no problem

me i am thinking the PE level is too high at 40. this means the market is still valuing bpuri at too high a price. but this is just my opinion.

the market may be right, i maybe wrong. haha who knows?

however no matter how good the future perception(like u say) bpuri is in the future...IT STILL HAS TO GENERATE PROFITS RIGHT?

u can correct me if u think i am wrong.

but i also believe there are many ways that the share price of a company moves. however, a major thing is still positive cashflow n profits. sooner or later it must be like that.

many assets but no +ve cashflow (no profits) how to service debt? ada logic ka?

thats why i am thinking the PE 40 is too high for me...if it drops to 20c cheaper pe then maybe i buy. lol

again the choice is yours. good luck

Posted by HighRiskInvestor > 2016-10-13 15:36 | Report Abuse

I have been accumulating since Aug, but it was on small quantities as not much seller available.

Now holding 50lots, but lost momentum as was focusing on FGV last month. Now back to BPuri again as I do believe in construction stocks are all price reasonable now.

As my ID shown, I'm a bit high risk. I can afford the price to drop till RM0.30 before thinking of cutting lost. But looking at the possible risk vs possible gain, I would said BPuri is like holding an ace with unknow card undercover. Might be blackjack or lousy card. But holding an ace is the critical point now.

Posted by chowsingchi > 2016-10-13 15:39 | Report Abuse

goodie luck ppl...

Posted by Lkt999 > 2016-10-13 15:41 | Report Abuse

Binapuri owner sold? Now still belongs to who?

Posted by Gowingo > 2016-10-13 15:41 | Report Abuse

PE 42

So scary

Risky stock

Run before collapse

Gambling stock

Sell sell sell sell sell

Run run run run run

Posted by nicky11 > 2016-10-13 16:00 | Report Abuse

It has an abnormal high PE, just becareful with it

Posted by chowsingchi > 2016-10-13 16:07 | Report Abuse

oo looks like this forum kena hijacked from story teller dy...yowsa

goodjob ppl

Posted by calvintaneng > 2016-10-13 17:38 | Report Abuse

WAHAHA!

With so many many negative posts Bpuri still standing firm at 43 Cts!!

And more Johor Buddies are taking up few precious Bpuri shares left in free float.

See

Only 800 over lots traded today.

ALL ARE HOLDING FIRMLY WITH TENACITY!!

YAHOOOOOOOOOOOOOOOO!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!.

Posted by cresbinvest > 2016-10-13 17:39 | Report Abuse

Tomorrow sure close lower

Posted by calvintaneng > 2016-10-13 18:25 | Report Abuse

Posted by cresbinvest > Oct 13, 2016 05:39 PM | Report Abuse

Tomorrow sure close lower

Calvin replies:

It does not matter as prices fluctuate from day to day.

Look forward to these:

1) Matthew Tee expects more Jobs Award for Bpuri soon, especially for coming budget

2) Company has indicated that Results for 31 Dec 2016 will be good

3) Since GE is coming Govt Linked stock like Bpuri will perform well

Just buy & keep then reap