BINTAI KINDEN CORPORATION BHD

KLSE (MYR): BINTAI (6998)

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Last Price

0.085

Today's Change

-0.005 (5.56%)

Day's Change

0.00 - 0.09

Trading Volume

417,500


14 people like this.

20,684 comment(s). Last comment by Income 1 day ago

timing

726 posts

Posted by timing > 2016-02-24 10:49 | Report Abuse

expect next QR not good as well

Posted by riskabsorber > 2016-02-24 11:06 | Report Abuse

The bad debt written-off is RM10m that impact the EBITDA. Otherwise, this quarter already in green. The coming quarter will be better.

viper88

1,798 posts

Posted by viper88 > 2016-02-24 11:16 | Report Abuse

NTA: 53 sen, if no impairment it will much more higher. Next financial qtr 31 March 2016 expected to be positive as end of last year and early this year Jan already bags many big projects.

4/9/15 - http://www.thestar.com.my/business/business-news/2015/09/04/bintai-unit-wins-rm42mil-singapore-job/
1) Bintai unit wins RM42mil Singapore job
Bintai Kindenko Pte Ltd, has received and accepted a letter of intent from Sunray Woodcraft Construction Pte Ltd to undertake RM42.4mil worth of sub-contract works.
The duration of the project is from Oct 9 to May 8, 2016.
The project is expected to contribute positively to the future earnings of group for the financial year ending March 31, 2016.

12/11/15 - http://www.thesundaily.my/news/1608699
The sub-contract has an indicative value of S$17.28 million (RM53 million).
the proposed project is estimated to be completed by January 2017 and to contribute positively to its earnings for the financial year ending March 31, 2016. - See more at: http://www.thesundaily.my/news/1608699#sthash.23ugXYgb.dpuf

23/11/15 - http://www.thecambodianews.net/index.php/sid/238809497
Bintai Kinden clinches RM65m contract in Cambodia

20/1/16 - http://themalaysianreserve.com/new/story/bintai-kinden-awarded-rm94m-electrical-works-contract Bintai Kinden Corp Bhd is awarded a RM9.4 million contract by Kajima (M) Sdn Bhd

20/1/16 - http://139.162.30.175/2016/01/20/bintai-kinden-wins-rm120m-contract/
intai Kinden Corp Bhd won a RM120 million contract, involving student housing construction, for Kolej Teknologi Islam Melaka Bhd (KTIM).

22/1/16 - http://myhotstation.com/?p=196122
Bintai Kinden nets RM32mil contract for works in Vietnam

Posted by riskabsorber > 2016-02-24 11:30 | Report Abuse

The problem for Bintai is the impairment almost 7% out of total revenue. Which mean this will be distorted the performance of the company definitely.

Posted by Sex Hong John Foo > 2016-02-24 15:20 | Report Abuse

Write a comment..today look good tomorrow 28 cent offer

Posted by Sex Hong John Foo > 2016-02-24 15:21 | Report Abuse

Write a comment..today look good tomorrow 28 cent offer

yeekarwai88

3,967 posts

Posted by yeekarwai88 > 2016-02-24 16:53 | Report Abuse

well control.
mother and son drop 0.1 and 0.05 only.

timing

726 posts

Posted by timing > 2016-02-24 23:28 | Report Abuse

bintai at least need to hold 1 year

ken law

538 posts

Posted by ken law > 2016-02-25 11:40 | Report Abuse

next QR still have impairment lost? i think will be another round of impairment lost.

ken law

538 posts

Posted by ken law > 2016-02-25 20:41 | Report Abuse

Today , top up few at rm0.29

yeekarwai88

3,967 posts

Posted by yeekarwai88 > 2016-02-26 13:57 | Report Abuse

But the latest QR show impairment loss.

viper88

1,798 posts

Posted by viper88 > 2016-02-26 13:58 | Report Abuse

With abt RM360million++n project secured end of last year and early this yr Jan, future financial result should be +ve .

Bintai Kinden: No more impairment of receivables in near future: Bintai Kinden Corp Bhd, which on Wednesday bagged a RM120 million contract for the construction of student housing in Malacca, expects no more impairment of its receivables in the near future. “We have written off everything that is necessary. Whatever remains in our receivables are all new jobs. I believe the worst is over,” the group’s executive vice-chairman Ong Puay Koon said. - Edge FD

yeekarwai88

3,967 posts

Posted by yeekarwai88 > 2016-02-26 15:10 | Report Abuse

Wa!!!飞流直下3千尺

Posted by wetnosebear > 2016-02-26 15:16 | Report Abuse

wth happened? so sad. just because of the bad qr?

timed

152 posts

Posted by timed > 2016-02-26 15:18 | Report Abuse

laosai day

timed

152 posts

Posted by timed > 2016-02-26 15:23 | Report Abuse

sell first. collect back lower.

Posted by wetnosebear > 2016-02-26 16:38 | Report Abuse

sigh, tot wont happen on good counters. bintai wasnt spared.

ken law

538 posts

Posted by ken law > 2016-02-26 16:48 | Report Abuse

top up again at rm0.13 bintai wa

Posted by wetnosebear > 2016-02-26 19:05 | Report Abuse

lol ken law. respect your resilience.

Posted by wetnosebear > 2016-02-26 19:05 | Report Abuse

if i got spare cash i wish to top up to average mine too.

yeekarwai88

3,967 posts

Posted by yeekarwai88 > 2016-02-26 19:07 | Report Abuse

Obviously the shark press down the price in order to let us panic.

Nightkids

1,642 posts

Posted by Nightkids > 2016-02-26 19:21 | Report Abuse

YEE,暂时还是不要乱接bintai吧。。。。

yeekarwai88

3,967 posts

Posted by yeekarwai88 > 2016-02-26 20:06 | Report Abuse

目前没有average down,只是保持之前买的而已

paperplane2016

21,659 posts

Posted by paperplane2016 > 2016-02-27 03:00 | Report Abuse

Goijg down 0.10 soon, another kaput stock from icon

Posted by wetnosebear > 2016-02-27 10:31 | Report Abuse

i dun think it will touch 0.10. its a strong money making company and no major negative news out there, in fact the positive news are a plenty lot. most likely sharkys take this slightly not so favorable QR as an excuse to push the price down and force panic selling. buy low now sell high later. already so much volume waiting to buy at the lower price. this bintai is not like some empty shell company act as a playground for punters to make fast money. its not time to press the panic button yet. just my 2 cents

jayawin

727 posts

Posted by jayawin > 2016-02-27 10:39 | Report Abuse

The problem is this company will continue made loss in next three or four quarter

Posted by wetnosebear > 2016-02-27 20:19 | Report Abuse

loss? even with so many new projects that just landed? i admit i am not into details and figures but, man, with so many projects, some maturing as early as march and may this year and so many more on hand? if bintai cant make it, i can imagine other companies out there runs into big trouble. company will continues making loss is base on paper or pure speculation? i am not very resourceful so i am sorry if thats true. if not, projects on hands are solid and not some speculations. lets hope for the best.

viper88

1,798 posts

Posted by viper88 > 2016-02-27 22:07 | Report Abuse

Sell down was from those contra kakis that dont want to pick up shares on T+3/4.
The main shareholders & operators dont really support strongly this counter and also not pushing much. Last year RI 9:10 and 20 sen and later private share placement at 32 sen. Share price keep stuck around 0.32-0.33+/- even after secured many project worth at RM360 million only up little at 0.375 unlike mid of last year where its price was abt 0.42 -0.405.

ken law

538 posts

Posted by ken law > 2016-02-27 23:04 | Report Abuse

Lau sai Loh! If Monday down again.

AK1882

89 posts

Posted by AK1882 > 2016-02-28 11:33 | Report Abuse

Change MD ....he don't know how to manage the company.....

viper88

1,798 posts

Posted by viper88 > 2016-02-28 13:34 | Report Abuse

NTA: 53 sen, if impairment write off as per group EVC says.. easily 0.60++

No more impairment of receivables in near future: Bintai Kinden Corp Bhd, which on Wednesday bagged a RM120 million contract for the construction of student housing in Malacca, expects no more impairment of its receivables in the near future. “We have written off everything that is necessary. Whatever remains in our receivables are all new jobs. I believe the worst is over,” the group’s executive vice-chairman Ong Puay Koon said. -

At current price 0.28, its trading less than 50% of its fair value.

As usual, do own research bfr decide to trade this stock.

yeekarwai88

3,967 posts

Posted by yeekarwai88 > 2016-02-29 10:07 | Report Abuse

Zzzz

timing

726 posts

Posted by timing > 2016-02-29 10:27 | Report Abuse

zzzz

yeekarwai88

3,967 posts

Posted by yeekarwai88 > 2016-02-29 10:29 | Report Abuse

macam want to form " V " shape before go back original price.
=.=

Jingweihan

1,605 posts

Posted by Jingweihan > 2016-02-29 10:33 | Report Abuse

Can get 0.26?

Posted by wetnosebear > 2016-02-29 10:35 | Report Abuse

here comes the knights in shinning armor and the sharks.... reinforcements...

timing

726 posts

Posted by timing > 2016-02-29 10:40 | Report Abuse

ori price how much?

Posted by wetnosebear > 2016-02-29 10:47 | Report Abuse

0.70, wa 0.13

Posted by wetnosebear > 2016-02-29 10:47 | Report Abuse

0.270

Posted by wetnosebear > 2016-02-29 10:48 | Report Abuse

typo can die lol

yeekarwai88

3,967 posts

Posted by yeekarwai88 > 2016-02-29 10:50 | Report Abuse

my meaning is may be form " V " shape before go back 0.30

Posted by Sex Hong John Foo > 2016-02-29 13:16 | Report Abuse

Coming soon 25 cts

Posted by wetnosebear > 2016-02-29 13:49 | Report Abuse

no no 25cts choy choy choy. rebounce rebounce rebounce lol

ken law

538 posts

Posted by ken law > 2016-02-29 13:56 | Report Abuse

try top up again rm0.13 bintai wa today.friday top up no success.

ken law

538 posts

Posted by ken law > 2016-02-29 15:23 | Report Abuse

drop more and more... rm0.125 jor!

viper88

1,798 posts

Posted by viper88 > 2016-03-01 23:16 | Report Abuse

Always flush out contra n weak minority shareholders but hardly spike up high. Slowly up few cent n start to rebound abit today +0.01.

GinTech

240 posts

Posted by GinTech > 2016-03-01 23:19 | Report Abuse

I don't think the operator needs to flush anyone as the result itself had already chased all out.

yeekarwai88

3,967 posts

Posted by yeekarwai88 > 2016-03-01 23:23 | Report Abuse

Retailers already ran 80or90%

GinTech

240 posts

Posted by GinTech > 2016-03-01 23:27 | Report Abuse

Agree with Karwai, the plunge after the result had shown the picture clearly, don't get trapped as a long term investor.

viper88

1,798 posts

Posted by viper88 > 2016-03-01 23:48 | Report Abuse

Same pattern like last yr Nov qtr result up 1st 0.355 bfr retrace down 0.27 and rise up back tis recent qtr result 0.375 n drop back 0.28 lvl.

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