NEWBIES..BEWARE!!!! BPuri is on its way for share consolidation..
The operator probably is pulling the brake before consolidation, everybody who are at the top of condo will feel the HEAT...
In my experiences @Kanger, Trive and Nexgram, before consolidation, the price will drop a lot from the indicative price made in the proposal. BPuri lowest price 2.5 sen...)
Mark MY words... Berdasarkan sedikit pengalaman saya,,,, BPuri juga akan ikut seperti sejarah kebanyakan syarikat lain yang mengadakan share consolidation..... Kalau tidak kenapa insider lari hanya pada harga 4 sen???
BPuri is preparing to do share consolidation..... In my experiences @Kanger, Trive and Nexgram, before consolidation, the price will drop a lot from the indicative price made in the proposal. BPuri lowest price 2.5 sen...)
HISTORY WILL REPEAT ITSELF...
8 SEN IS EXPENSIVE
5 SEN IS MODERATELY EXPENSIVE
What is my justification?? A director sold 20,000,000 of shares just @5 sen. In addition Maju Offshore sold 100,000,000 shares @4 sen only. NTA is merely @ 2.2 sen only. Four years in losses..
The right price before consolidation I expect only around 2.5 sen to 4.5 sen sahaja.
this company useless. u try google bina puri contact number. Always on voice mail, repeating itself, later will cut off. I think nobody doing bizness. No wonder keep losing money. Just increased the share placement....
Pre ex-date price 0.075 Share consolidation 5 to 1 Consolidated price 0.375 How will the price move? Monitor quarterly results, directors fund raising activities, business prospect, etc
1. Before this, BPuri have won projects worth billion, but BPuri have lost four years in a row. 2. Since 10 years ago, BPuri's NTA from RM1.00 has become 2.2 sen... BPuri's management is not good in making money for BPuri... 3. Continously, BPuri was good at making losses and increasing NOSH only. 4. To maintain financial and operations stability, BPuri did private placements and RI. 5. To be safer from the risks of PN17, BPuri is proposing to do a share consolidation exercise.
Gross profit / (loss) (RM 1,516,000) Other operating income RM59,306,000.... (Fuyyooo.. At last.... This item is a magical figure from the art of accounting. He He He)
Note: If not BPuri will continously recorded a big loss such as shown in their last every 14 consecutive quarters.
Announced EX Date Subject Ratio Offer 23 Apr 2024 08 May 2024 Share Consolidation 1.0000 : 5.0000 10 Mar 2023 24 Mar 2023 Rights Issue (warrant) 2.0000 : 3.0000 0.0350 12 Nov 2019 27 Nov 2019 Rights Issue (warrant) 1 : 1 0.0900 05 Aug 2003 21 Aug 2003 Rights Issue 1 : 1 1.0000 View
===================== NOSH = 674,838,072 after share consolidation in May 2024
Expect directors to restart and continue massive fund raising via shares issuance to PP, ESOS, RI, asset acquisition, etc
Expect NOSH to increase and shareholder equity % and EPS to be diluted with massive share issuance in near future
================== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance to PP, ESOS, RI , asset acquisition, etc
=========== Expect Cindy Kate to play the price to attract & trap newbies, punters, fomo oldbies etc
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Posted by MZM2511 > 2024-02-07 06:11 | Report Abuse
Haiya.... Petition after petition this company...... Patutlah syarikat terpaksa buat share consolidation???
Kalau tidak PN17 makin dekatlah ini company.. BEWARE from this type of company!!!