Posted by Tigerchan > 2017-09-27 11:43 | Report Abuse

He is talking only when he spoke about new businessm contributing 10 to 15%. At the qtr result, negative. He suppose to do lots of research on project whether will it reflect into the P&L, cost cutting internally.

Posted by viper88 > 2017-09-27 18:48 | Report Abuse

Back to last year Now low support 0.17. The directors/main shareholders bought 0.23 also stuck maybe collecting low via other trading accts. Price been sold down so long since March till now Sept.

Posted by DickyMe > 2017-09-28 09:23 | Report Abuse

Cost-cutting is only effective in fatty bloated company with many departments overlapping duties and redundant workforce like Malaysian GLCs. All the out-of-mill CEOs favourite strategy is cost-cutting/restructuring to improve profit. This is textbook solution and any idiot without qualification can exercise.

Posted by viper88 > 2017-10-02 10:03 | Report Abuse

Other Ace counter/2nd liner/penny stocks with active trade able to move.

Bintai very low transaction, if just let retailers its hard coz they only buy when theres strong buying vol and price active movement up. Current trading price is at 9 yrs low and even after restructuring with money in hand, the big shareholders/players still holding the price down.

Posted by viper88 > 2017-10-04 01:09 | Report Abuse

Restructuring with raised proceeds of RM31.52million only complete after qtr result end of Aug financial released. The restructuring money will add into biz and reflect in next financial result.

Posted by DarKLoRD888999 > 2017-10-05 16:28 | Report Abuse

all in bintaiiiiiiiiiii.....gogogo

Posted by viper88 > 2017-10-05 19:48 | Report Abuse

Coming next financial qtr result will include the restructuring proceed RM31.52 million.
Collecting low from retailers. Need to move up as its way oversold.

Posted by viper88 > 2017-10-11 22:18 | Report Abuse

Bintai need strong active players to move. Other stock all have syndicates/big players playing... can fly exceed limit up and no UMA also.. 1 day up 74%... like KEYASIC. REally crazy buying vol. push up price even financial qtr lost money.
http://klse.i3investor.com/servlets/stk/chart/0143.jsp



KUALA LUMPUR: Key ASIC Bhd , whose shares were the most actively traded on Bursa Malaysia today, revealed that it is currently in the midst of undertaking on a corporate exercise.

In a brief statement to Bursa Malaysia titled Sharp Rise in the Share Price of the Company, the maker of chips and system products for Internet-of-things application said the relevant details had not been finalised at this time.

“The company will make the necessary announcements to Bursa Malaysia Securities Bhd in compliance with the Main Market Listing Requirements of Bursa Malaysia Securities Bhd in the event the company proceeds with the said corporate exercise,” it said.

The counter closed 10.5 sen higher at 27 sen with 2.49 million shares traded. The price shot up 74% from last Friday’s closing price of 15.5 sen.

The group posted a net loss of RM9.99mil for the 17-month financial period ended May 31, 2017, compared with a net loss of RM13.93mil in the previous year. (In April last year, the company changed its financial year end from Dec 31 to May 31.)

Khazanah Nasional Bhd is the second largest shareholder in Key ASIC with an 18.6% stake after Taiwanese/Canadian-owned Key ASIC Ltd (36.6%).

Posted by viper88 > 2017-10-17 09:27 | Report Abuse

AZRB, Bintai Kinden, EITA Resources, MyEG, Nationwide Express, Nova MSC, Perisai, Rohas Tecnic, Amalgamated Industrial, AbleGroup and Iris | The Edge Markets
http://www.theedgemarkets.com/article/azrb-bintai-kinden-eita-resources-myeg-nationwide-express-nova-msc-perisai-rohas-tecnic

Posted by Pak Andak > 2017-10-18 23:07 | Report Abuse

The Board of Directors of BINTAI is pleased to announce that Kejuruteraan
Bintai Kindenko Sdn Bhd, a wholly-owned subsidiary of the Company has
on 12 October 2017 accepted a Letter of Award from the WZR Property Sdn
Bhd to undertake Sub-Contract Works for the Design, Supply, Install, Test
and Commission of Communication, Navigation, Surveillance/Air Traffic
Management (CNS/ATM) System for the Kuala Lumpur Flight Information
Region’s (KL FIR) New Traffic Control Centre (KL ATCC) at Kuala
Lumpur International Airport (“Contract”) for a Contract Sum of
RM11,000,000 (Ringgit Malaysia Eleven Million)

Posted by viper88 > 2017-10-20 12:03 | Report Abuse

Rebound up ..

Posted by vitac > 2017-10-20 12:07 | Report Abuse

Straight to 0.26 than all holders can smile.. hold for soooo long already

Posted by viper88 > 2017-10-20 14:52 | Report Abuse

The big player n operators bz playing other counters. Once they come back bintai easily up above 0.40++ with so much cash in hand rm31million from recent subsidiaries sg shares sold and pending court case receivables with interest rm40million+. Bintai also tender for data centre projects in line with malaysia budget plan boost for small cap technology stock boost end of oct. BINTAI need to catchup other stocks which already move up high n not just stuck at klang river.

Posted by Henry Chan > 2017-10-20 15:20 | Report Abuse

Since February you’re talking the same thing over and over again

Posted by viper88 > 2017-10-22 23:01 | Report Abuse

Well. just sharing info. Not happy also cant do anything. Its stock market ctrl by the big players. I also paper losses.

This news quite new but old few days ago. Big projects Rm350millon.
If share price still cant shoot up... then need to wait Budget plan end oct and end Nov for financial qtrs report.

http://www.theedgemarkets.com/article/bintai-kinden-partners-vista-springs-jointly-develop-melaka-land-0

KUALA LUMPUR: Bintai Kinden Corp Bhd is partnering with Vista Springs Development Sdn Bhd to jointly develop a project with an estimated gross development value (GDV) of RM350 million in Melaka.

The development, located on a 4.74-acre (1.98ha) piece of freehold land, will be for hospitality, residential and/or commercial purposes, subject to proper due diligence and feasibility studies to be carried out prior to a binding arrangement between the parties.

In a filing with Bursa Malaysia yesterday, Bintai Kinden said its wholly-owned subsidiary Kejuruteraan Bintai Kindenko Sdn Bhd had inked a memorandum of understanding with Vista Springs to establish a collaboration between the parties to join their skills, experience and resources to work together to develop the premises for mutual interest and benefits to the communities.

Bintai Kinden said the estimated GDV of the proposed development is expected to contribute positively towards the future earnings of the group.

Posted by viper88 > 2017-10-22 23:17 | Report Abuse

The big players/shareholders already know and bought earlier 0.23 all the way down and block push price till oversold at 0.165 to accumulate as much as possible from retailers. Same modus operation since early january this year.. drop 0.17 and later shot up 0.28 in MArch..

Bintai share prices shouldn't be that low below 0.20 level if not block and selldown by big players/retailers.

Posted by viper88 > 2017-10-22 23:37 | Report Abuse

http://www.theedgemarkets.com/article/bintai-kinden-attracts-buying-interest-after-announcement-jv-project

KUALA LUMPUR (Oct 20): Bintai Kinden Corp Bhd rebounded from the trough this morning after the company announced a joint venture project with gross development value (GDV) of RM350 million yesterday.

At 11.30am, the stock rose 1.5 sen to 19 sen with some 1.36 million shares exchanged, giving it a market capitalisation of RM55 million. The counter had tumbled from 24 sen in May to a low of 16.5 sen early this month.

Bintai Kinden has a 200-day average trading volume of 652,570 shares. The counter has been trading between a 52-week range of 16 sen and 28 sen.

In a bourse filing yesterday, Bintai Kinden said its wholly-owned subsidiary, Kejuruteraan Bintai Kindenko Sdn Bhd, has entered into a memorandum of understanding with Vista Springs Development Sdn Bhd for the development of premises in Melaka on a 4.74-acre piece of land, which has an estimated GDV of RM350 million.

This is the company's second project announced this week. On Monday, it said it has won a subcontract to develop an air traffic surveillance and management system at the Kuala Lumpur International Airport for RM11 million. Bintai Kinden's trading volume had subsequently soared to 1.02 million from 188,000.

Posted by mancingbursa > 2017-10-23 10:34 | Report Abuse

Property – A limelight on affordable housing

The issue of affordable housing has generally been discussed and debated for the last couple of years.

The widening discrepancy between housing property prices and the people’s average income continues to become an on-going problem for the government and developers who are also trying to keep prices down amidst the current economic condition.


In 2015, a report by Khazanah Research Insitute revealed that residential properties prices in vastly populated areas or urban areas such as Kuala Lumpur and Penang were both ‘severely unaffordable’, with a median multiple of 5.4-folds, further shedding light on the need to boost the supply of affordable housing.

According to a report by RHB Research Sdn Bhd (RHB Research), while property transactions have dried up significantly, prices have not corrected enough – this is even after three consecutive years of slowdowns in the property market.

“In 2016, the residential and non-residential property transaction volumes year-on-year (y-o-y) fell 14 and 25 per cent respectively. At the same time, transaction values still climbed four per cent (residential) and 82 per cent (non-residential), potentially due to some en bloc transactions.

“The growth in Malaysia’s House Price Index has moderated to 5.3 per cent in the first quarter of 2017 (1Q17) compared with 13 to 14 per cent during the peak in 2012 and 2013 respectively,” it said.

Under 11MP (2016 to 2020), the government set the target of building 653,000 homes for the poor, low-income and middle-income households under various programmes, compared with 111,000 and 102,200 units that were built under 9MP (2006 to 2010) and 10MP (2011 to 2015), respectively.

This year is expected to be no different than before as Budget 2018 could also focus on affordable housing, with initiatives that are expected to benefit both the consumers as well as developers.

Analysts generally believe that Budget 2018 could see announcements further initiatives for the government’s on-going affordable housing programme; 1Malaysia People Housing (PR1MA) and PPA1M.

Nevertheless, expanding the affordable housing programme is not a clear cut solution as the research arm of Maybank Investment Bank Bhd (Maybank IB Research) opined, in the case of PR1MA, of the original 500,000 affordable homes targeted to be constructed over a five year period of 2013 to 2018, to date, only 267,902 units have been approved nationwide and of these, 139,393 units are currently under construction, and 8,475 units has been completed as at August 16, 2017.

As such, the research team believed that for 2018, the government could announce a single or central authority to oversee the affordable housing market and to ensure that the projects run on time.

“This entity – likely modelled after similar bodies oversease like Singapore’s Housing Development Board – should consists of relevant federal government ministries and agencies, state governments as well as the property and financial industry players.

“The objectives, among others, are to better coordinate public and private sector affordable housing programmes and projects to avoid over-building, and to better match supply and demand via improved information and database on eligibility, products, pricings, locations, and financing,” it added.

Aside from the disparity between supply and demand, Maybank IB Research also pointed out that location remains an issue for affordable housing.

“The new authority could play a role in addressing this particular issue such as coordinate the process of identifying and designating federal and state government lands – especially in urban and startegic areas, and including undeveloped/unutilised Malay reserve lands and wakaf lands – for the purpose of land banking for affordable housing; incentivising government-linked property companies and private developers to carve out some of their land banks for affordable urban housing within a certain price range such as not more than RM400,000,” the research team suggested.

It noted that there are already ‘one off’ deals for PR1MA to build affordable housing on lands belonging to government-linked agencies and companies such as Royal Malaysian Customs Department (in Penang), and TNB (in Selangor).

On the developers’ side, although developers continue to lobby the government to ease some of its policies as well as extend the step-up end-financing scheme, analysts believe that the government would likely retain some of these policies such as retaining the real property gains tax (RPGT).

The research arm of AmInvestment Bank Bhd (AmInvestment) explained, “ We believe the government is likely to retain the existing RPGT at 30, 20 and 15 per cent for properties sold with the third, fourth and fifth anniversary of the purchase. This is to curb speculative activities in the property market.

“We expect a focus on the commercial viability of affordable homes with targeted measures and waivers to su

Posted by viper88 > 2017-10-25 10:32 | Report Abuse

Early last yr won Melaka turnkey project for campus RM120 million.
Price from high of 37 sen in January last yr to close at 27 sen in 14 march 2016.
http://www.theedgemarkets.com/article/bintai-kinden-eyeing-turnkey-projects-melaka

Now this yr JV melaka project RM350million and won KLIA project RM11 million but price still below 0.20.
Still lagging so far behind even so big projects in hand, cash gain RM 31million via dispose of SG subsidiaries shares and pending court case receiveable RM40million with interest..

Posted by Tigerchan > 2017-10-26 16:59 | Report Abuse

Worse counter, lost money counter move. This counter a lot of good news also cannot move. Story telling also cannot move. My story, come next QR good result sure dont move. Lost profit maybe drop 0.005 c

Posted by viper88 > 2017-10-29 01:07 | Report Abuse

Last closing share price at 0.19 market capitalization only abt RM55million.
Bintai with so many big projects in hand more than RM1billion but still trading as small cap counter stock. Have completed recent restructuring by selling off SG subsidiaries shareholding netted RM31million and won big projects from Mynmar, SG, MY JV RM350million but its share price still far from its high revenue value.


Compare to previous record in 2015. Bintai restructing via cash call for main share and its warrant, its price lowest 0.195 - 0.21 and high 0.375-0.45.
http://maa.theedgemarkets.com/article/weighing-bintai-kinden’s-cash-call

Current latest share price still trying hard to breakout for its low lvl.

Updated projects won, receivables & etcs.

In 2016.

++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
RM32million - Jan 2016
http://themalaysianreserve.com/new/story/bintai-kinden-secures-rm32m-v...

RM120million - Jan 2016
http://www.thestar.com.my/business/business-news/2016/01/20/bintai-kin...

RM9.4million - Jan 2016
http://themalaysianreserve.com/new/story/bintai-kinden-awarded-rm94m-e...

RM31.42million - Mar 2016
http://www.thestar.com.my/business/business-news/2016/03/17/bintau-kin...

RM13million - Mar 2016
http://themalaysianreserve.com/new/story/bintai-kinden-gets-rm13m-cont...

RM18million - July 2016
https://www.pressreader.com/malaysia/the-star-malaysia-starbiz/2016071...

RM169million - Sept 2016
http://www.thestar.com.my/business/business-news/2016/09/04/bintai-kin...

RM48million - Sept 2016
http://www.thestar.com.my/business/business-news/2016/09/21/bintai-kin...
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

In 2017

SG project RM 45million, - March 2017
http://www.theedgemarkets.com/article/bintai-kinden-undertake-rm4494m-...

Mynmar project RM75million, - Jun 2017
http://www.thestar.com.my/business/business-news/2017/06/06/bintai-kin...

SG project RM122million - Jun 2017
http://www.theedgemarkets.com/article/bintai-kinden-bags-rm122m-constr...

Won court case big receivables abt RM40million with interest - March 2017
(Pending appeal court case)

SG projects worth RM 32.4million - Jun 2017
http://www.theedgemarkets.com/article/bintai-kinden-bags-rm324m-contract-singapore-govt

Bintai restructuring net RM 31.52million - Aug 2017
http://www.theedgemarkets.com/article/bintai-kinden-nets-rm315mil-it-cuts-stake-singapore-firm

KLIA projects RM 11million - OCt 2017
http://www.thesundaily.my/news/2017/10/16/bintai-kinden-accepts-rm11m-klia-job

JV melaka land development projects RM350million - Oct 2017
http://www.theedgemarkets.com/article/bintai-kinden-partners-vista-springs-jointly-develop-melaka-land

Posted by Wong8182 > 2017-10-30 20:46 | Report Abuse

http://www.klsescreener.com/v2/news/view/299585

Posted by Hua Joshuaayoung > 2017-10-30 21:30 | Report Abuse

finally wake up

Posted by viper88 > 2017-10-30 22:28 | Report Abuse

Won another project RM18.5 million.

BINTAI KINDEN CORPORATION BERHAD (290870-P)
Subject: Bintai Kinden Corporation Berhad (“BINTAI” or “Company”)
Letter of Award to Kejuruteraan Bintai Kindenko Sdn Bhd
_____________________________________________________________________________
The Board of Directors of BINTAI is pleased to announce that Kejuruteraan
Bintai Kindenko Sdn Bhd (“KBK”), a wholly-owned subsidiary of the
Company has on 27 October 2017, received and accepted a Letter of Award
from Tenaga Nasional Berhad for KBK to be appointed as Contractor for the
design, supply, erect, test and commissioning for the Mainhead A : PMU
132/33kV Vision City (2x90MVA) Kuala Lumpur under Contract TNB
2777/2017 (“Contract”) for a contract sum of Ringgit Malaysia
(RM)18,544,920.
No major risk is foreseeable on the Contract and it is a non-renewable
contract with fixed contract period. The Contract is estimated to be completed
within 480 days from the commencement date.

The Contract will not have any effect on the issued and paid up share capital
of the Company and is not expected to have any material impact on the
earnings, earnings per share, net assets per share and gearing of the Group for
financial year ending 31 March 2018. However, it is expected to contribute
positively towards the future earnings of BINTAI Group.
None of the Directors and/or major shareholders of BINTAI or persons
connected with them have any interests, direct or indirect, in the Contract.
This announcement is dated 30 October 2017.

Posted by viper88 > 2017-10-31 00:46 | Report Abuse

Other counter like Cuscapi even with financial losses also can fly up 23%+ today..

Time to break 0.20 and moves higher.. been sleeping too long Bintai!

Posted by kendului > 2017-10-31 01:10 | Report Abuse

Anyway this counter is LOSERS Money with this Billion contrad. Corruption companies

Posted by viper88 > 2017-10-31 10:57 | Report Abuse

Break 0.20 with strong big vols.. moving up with +ve sign.

Posted by Vigor > 2017-11-01 09:28 | Report Abuse

moving up silenrly....good

Posted by Pak Andak > 2017-11-01 16:40 | Report Abuse

Bintai Kinden Corp Bhd has bagged a contract worth RM18.5 mln from Tenaga Nasional Bhd (TNB) to undertake works at its electrical substation. The contract is for the design, supply, erecting, testing and commissioning for Mainhead 'A': PMU 132/33kV Vision City Kuala Lumpur. The job is expected to be completed within 480 days from the commencement date. (The Edge Daily)

Posted by viper88 > 2017-11-01 23:20 | Report Abuse

Won many new projects and JV big land developement at Melaka yet price still stuck at 0.20 eventhough yesterday highest was at 0.215. The big players entered average price abt 0.20 and still supporting/hold. Still not strong enough play yet unless can direct up till 0.25 - 0.30... limit up fast as Financial qtr report end of this month.

Posted by viper88 > 2017-11-05 22:31 | Report Abuse

Bintai Directors and big shareholders acquired bintai share price much higher during April - May this year from 0.205 - 0.23 and still holding not sell yet. Bintai price should go up higher but recent high only reach 0.215 and sell down by contra retailers.

MR ONG CHOON LUI 31-May-2017 Acquired 4,857,004 0.205
MR ONG PUAY KOON @ MAH SOCK HENG 31-May-2017 Acquired 4,857,004 0.205
MR ONG CHOON LUI 21-Apr-2017 Acquired 2,000,000 0.230
MR ONG PUAY KOON @ MAH SOCK HENG 21-Apr-2017 Acquired 2,000,000 0.230
MR ONG CHOON LUI 13-Apr-2017 Acquired 5,086,680 0.230 View Detail
MR ONG PUAY KOON @ MAH SOCK HENG 13-Apr-2017 Acquired 5,086,680 0.230
MR ONG CHOON LUI 06-Apr-2017 Acquired 6,443,500 0.230 View Detail
MR ONG PUAY KOON @ MAH SOCK HENG 06-Apr-2017 Acquired 6,443,500 0.230

Posted by viper88 > 2017-11-06 23:10 | Report Abuse

Strong buying vol at 0.20 after 4pm just now... the big players pushing above 0.20 lvl.
+ve sign for retest and break recent high above 0.215 and higher.

Posted by viper88 > 2017-11-11 22:23 | Report Abuse

Memorandum of Understanding between Kejuruteraan Bintai Kindenko Sdn Bhd (a
wholly-owned subsidiary of BKCB) and Vista Springs Development Sdn Bhd

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=82676&name=EA_GA_ATTACHMENTS

Posted by vxpoison > 2017-11-23 17:56 | Report Abuse

Besok GAP UP!!!!

Posted by Nicky Hau > 2017-11-23 18:09 | Report Abuse

hoseh ini kali lah

Posted by Vigor > 2017-11-23 18:34 | Report Abuse

sui

Posted by vitac > 2017-11-24 10:23 | Report Abuse

Where got rocket?

Posted by viper88 > 2017-11-24 13:50 | Report Abuse

http://klse.i3investor.com/financial/YoY/quarter/6998/30-Sep-2017_2930226708.jsp

Posted by DickyMe > 2017-12-28 15:16 | Report Abuse

viper88 exhausted?

Posted by viper88 > 2017-12-28 23:06 | Report Abuse

DickyMe: No news and just sideway movement. Won new projects, JV RM350million and slightly improve financial qtr report recently but no money pump up stock price to reflect its projected biz value. Other election play stock moving up, but Bintai still at low price lvl.

Posted by viper88 > 2018-01-02 16:56 | Report Abuse

New Year 2018 1st day trading closing at 0.18. Still not moving up much..

Posted by warchest > 2018-01-03 11:43 | Report Abuse

this company did many transfer pricing strategies. Won many contracts but no margin for tax planning purpose as Malaysia corporate tax rate is higher than its holding company. Don't see the projects, how much also useless

Posted by viper88 > 2018-01-04 23:57 | Report Abuse

Rebound always get hit back by selling down... Big players weak in buying up unlike other counters.
Today have some buying at 0.18., might retest recent high 0.20 - 0.215 if more buying pressure.

Posted by marcoz > 2018-01-10 13:24 | Report Abuse

nothing happen this stock...

Posted by viper88 > 2018-01-11 09:26 | Report Abuse

New year still no buying power from the big players Still retailers buy n sell at low price.

Posted by viper88 > 2018-01-15 16:36 | Report Abuse

Have money to acquired other company shares RM510K.. but own Bintai shares still at all year low price range. 0.175/0.18.

Acquired 51% Shares in Proven Seal (M) Sdn Bhd
in total representing 51% of the total issued share capital of
PSSB for a total cash consideration of RM510,000

RATIONALE FOR THE SUBSCRIPTION AND ACQUISITION
BKCB is principally involved in Investment Holding and the core business of
BKCB Group are provisions of specialised mechanical & electrical engineering
services, facilities management services, turnkey works, project management and
consultancy services, energy efficient audit and design consultancy, energy
performance contracting, trading in building materials, concession arrangement,
property development and investment holding.
PSSB’s principal activity in construction is in line with the BKCB Group’s core
activities in turnkey works and project management and thus BKCB Group will be
able to further enhance its revenue stream in property development in the near
future.


http://www.bursamalaysia.com/market/listed-companies/company-announcements/5625269

Posted by DickyMe > 2018-01-17 22:00 | Report Abuse

How shareholders funds are used "efficiently" ----->http://bintai.com.my/?page_id=611

Posted by viper88 > 2018-01-18 16:36 | Report Abuse

Wash down price too long.. Have money Rm510k to buy other company shares 51% but no money to push up/buy back Bintai shares.

After restructuring get RM 31.5million+ but money not reflected back into share price.

The management/big shareholders not active in own company shares trading.. price very low and inactive.

Posted by persie > 2018-01-22 20:07 | Report Abuse

Just buy at current low price. Q2 was very very good profit and reduce loss in Q1 report. If Q3 report record profit, the company tends to having profit for its FYE2017. The share price must be above 20 cents at least.

Posted by viper88 > 2018-01-22 22:48 | Report Abuse

Based on latest qtr fin result report http://klse.i3investor.com/financial/QoQ/quarter/6998/30-Sep-2017_2930226708.jsp

NAPs = 0.3277