BINASAT COMMUNICATIONS BERHAD

KLSE (MYR): BINACOM (0195)

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Last Price

0.20

Today's Change

0.00 (0.00%)

Day's Change

0.20 - 0.205

Trading Volume

394,500

Financial

T4Q

31-Mar-2021

2020

31-Mar-2021

2019

31-Mar-2021

2018

31-Mar-2021

2017

31-Mar-2021

Total assets

238

-1.64%

1000

+11.55%

110

+81.66%

900

-13.16%

600

+235.36%

Total current assets

238

1000

110

900

600

Cash & equivalents

238

1000

110

900

600

Short term investments

238

1000

110

900

600

Total receivables, net

238

1000

110

900

600

Accounts receivable - trade, net

238

1000

110

900

600

Other receivables

238

1000

110

900

600

Total inventory

238

1000

110

900

600

Inventories - work in progress

238

1000

110

900

600

Inventories - progress payments & other

238

1000

110

900

600

Inventories - finished goods

238

1000

110

900

600

Inventories - raw materials

238

1000

110

900

600

Total non-current assets

238

1000

110

900

600

Long term investments

238

1000

110

900

600

Note receivable - long term

238

1000

110

900

600

Investments in unconsolidated subsidiaries

238

1000

110

900

600

Other investments

238

1000

110

900

600

Net property/plant/equipment

238

1000

110

900

600

Gross property/plant/equipment

238

1000

110

900

600

Accumulated depreciation, total

238

1000

110

900

600

Deferred tax assets

238

1000

110

900

600

Net intangible assets

238

1000

110

900

600

Other current assets, total

238

1000

110

900

600

Total liabilities

238

-1.64%

1000

+11.55%

110

+81.66%

900

-13.16%

600

+235.36%

Total current liabilities

-238

-1000

-110

-900

-600

Total non-current liabilities

-238

-1000

-110

-900

-600

Long term debt

238

1000

110

900

600

Long term debt excl. lease liabilities

238

1000

110

900

600

Capital and operating lease obligations

238

1000

110

900

600

Provision for risks & charge

-238

-1000

-110

-900

-600

Deferred tax liabilities

-238

-1000

-110

-900

-600

Other liabilities, total

-238

-1000

-110

-900

-600

Total equity

-238

-1.64%

-1000

+11.55%

-110

+81.66%

-900

-13.16%

-600

+235.36%

Total liabilities & shareholders' equities

238B

1000B

110B

900B

600B

Total debt

238

1000

110

900

600

Book value per share

-238

-1000

-110

-900

-600

Discussions
6 people like this. Showing 50 of 3,063 comments

fregend

Banyak trader how to fly

2024-07-03 13:26

cK1973

testing 29 up.....
if can break 30....
good chance to see uptrend....
stay tune guys...

2024-07-03 15:52

cK1973

good closing today at 29.....
should break 30 by tomorrow if circumstances allow.....
still maintain my TP at 40....
good luck to all....

2024-07-03 16:55

cK1973

as usual, friday is a quiet day....
have to wait for next week....

2024-07-05 11:56

cK1973

closing at 28.....
not bad......
hopefully next week will trend higher .....
need to break 30 to see a higher high trend....
still maintain my TP at 40....
happy holidays and good luck to all....

2024-07-06 11:18

cK1973

Just to recap what I had mentioned about this company :-
Binacom has a DC in TPM But Jalil KL.....
As Hextar group took over the company earlier this year......
I expect some major move from the top management very soon....
As reported in CNBC on 16-Jun-24, "Malaysia Is Emerging As A Data Centre Powerhouse Amid Booming Demand From AI".......
If u have studied the price trend, it floated between 24-26 for the past few months.....
Currently the range of 28-29 is still consider reasonable......
Hopefully it will be trending like JCY in the future....
Hopefully ......

2024-07-06 11:35

WMY2188

Folks...binacom dah mula gerak

2024-07-15 14:43

JP01

1 step forward and 2 step backward.

2024-07-16 16:16

WMY2188

😁😁

2024-07-16 22:07

cK1973

slow and steady....
let's see whether the price can sustain at 30 or not....

2024-07-17 14:20

WMY2188

Breakout...0.30
Good luck Binacom

2024-07-17 15:16

zerocool7199

Wah sibeh strong binacom

2024-07-17 15:26

cK1973

good closing and sustainable at 30.....
need to see the price sustain in 30 range for new couples of days......
if not it might retrace back to 28 range......
if price can break 35....
most probably will see a strong uptrend....
upper range should be range 40-45......

2024-07-17 16:58

damansaraeagle

To cK1973: Now is down trend to 0.27 cents. Can Binacom goes to 45 cents ? The pressure is very high going down.

2024-07-22 10:11

cK1973

price not sustaining at the range of 30.....
retracing to 25-28 range......
to me, i ve ehough stocks n will wait....
still need to see the price goes back to 30....

2024-07-22 16:05

tekken

no hope this one

2024-07-22 16:06

cK1973

still early to tell @tekken.......
when price is shaken down...
it's always an opportunity to buy.....
choice is yours......
for me, i m just waiting for the right time.....

2024-07-22 16:12

JP01

1 step forward 3 steps backward.

2024-07-22 22:13

joni

easily 30 sen and above expected good QR2 next month

2024-07-23 09:28

damansaraeagle

today 27 cents . Would not go up more than that.

2024-07-23 09:56

tekken

buy in at 24.5 or 25...sell at 29.5...easy money...the rest follow ur instinct

2024-07-23 10:50

damansaraeagle

guys 0.275 now before closing noon. Like i say nowhere today , expect 0.27 all day long

2024-07-23 12:53

damansaraeagle

0.265 today

2024-07-24 16:00

damansaraeagle

Binacom's rebound problematic and you can run away but not now. You now pick up . This is very clear from the outside and looking at the chart. Still holding the ticket will make you think there is still a chance. If the buying price falls below the purchase price, your work will be in vain

2024-08-02 12:00

damansaraeagle

support level 0.245 Pray is going to break the support that will be very bad , to southern hemipshiere

2024-08-02 12:02

cK1973

I m still waiting.....

2024-08-02 19:05

damansaraeagle

c.k. morning. Gone only 0.22

2024-08-05 09:34

damansaraeagle

1571.78 (-39.27, -2.44%)

2024-08-05 09:59

zerocool7199

Very cheap

2024-08-06 11:26

cK1973

still waiting....
need a bit of time.....

2 months ago

cK1973

long way to go...
i m still waiting....

2 months ago

cK1973

jam....
long way to go.....
i m still waiting.....

2 months ago

cK1973

wait and see....
need strong hands.....

2 months ago

cK1973

still long way to go....
stay tune guys....

2 months ago

cK1973

Perhaps year end....
don't think much actions at the moment....

2 months ago

damansaraeagle

Binasat gets RM23.76mil cable laying job
TheStar Tue, Aug 27, 2024 06:40pm - 1 week


PETALING JAYA: Binasat Communications Bhd (BCB) has accepted a letter of award from Enertra Sdn Bhd in respect of cable laying works in Ara Damansara, Selangor, for Tenaga Nasional Bhd (TNB) worth RM23.76mil.

In a filing with Bursa Malaysia, BCB said the scope of works for the contract includes performing horizontal directional drilling (HDD) and open cut works; make good of surface for HDD pit according to local authority requirements; providing all relevant expertise and qualifications to perform the duties; and ensuring the security of the free issue materials, if applicable, at all time against any theft or damages before handing over the project to TNB.

“The contract shall be effective from the date of the letter of acceptance and the time for completion shall be 730 days from the commencement date.

“The contract will not have any material effect on the net assets and gearing of BCB and its subsidiaries for the financial year ending Dec 31, 2024 and is expected to contribute positively to the earnings of BCB Group over the duration of the contract.”

2 months ago

cK1973

sangkut ......
wait....
if below 20.....
can average down.....

1 month ago

cK1973

still long way to go....
hopefully it will go below 20.....
need to do some averaging.....

1 month ago

M55555

Why this counter ketinggalan from federal government’s ongoing digitalisation initiative ?

1 month ago

damansaraeagle

Telecommunication support services provider Binasat Communications Bhd has bagged a RM58.26 million contract to supply and install cable systems from Tenaga Nasional Bhd (TNB). Binasat said the contract is for the double-circuit underground cable from Pencawang Masuk Utama (PMU or substation) Titiwangsa to PMU Genting Kelang, and from PMU Genting Kelang to PMU Kampung Lanjut. The job is expected to take about 910 days or nearly two-and-a-half years to complete. — Binasat unit clinches RM58.26 mil cable systems contract from TNB

1 month ago

damansaraeagle

Opcom Holdings Bhd has acquired an 18% stake in Binacom, marking a strategic collaboration to enhance their telecommunications services. This partnership aligns their capabilities, with Binacom focusing on underserved regions in Malaysia, including projects like installing Very Small Aperture Terminals (VSATs) and Point of Presence (PoP) setups​

1 month ago

damansaraeagle

Wake up guys , coming around the corner ------------------------As of September 2024, Opcom Holdings Bhd (now renamed Hextar Capital Bhd) is actively involved in strategic acquisitions and share movements. One key development is the increase in the stake held by Hextar Capital's CEO, Eddie Ong, who now controls 20.7% of the company's shares. There has been significant insider trading activity, with substantial disposals of shares by major shareholders, including over 16 million shares sold by a company director​.These moves reflect ongoing efforts by Opcom/Hextar Capital to position itself strategically, possibly leveraging its telecommunications sector capabilities after recent expansions like its increased stake in Binasat Communications​.

1 month ago

damansaraeagle

who is Eddie? HEXTAR Group CEO Datuk Eddie Ong Choo Meng is probably one of the most talked about corporate personalities in the investing fraternity. Over the past few years, the 44-year-old businessman and his family vehicle, Hextar Holdings Sdn Bhd, have been actively buying into companies.

Today, Ong and his family control nine public-listed companies (PLCs) on Bursa Malaysia. They also have minority stakes in another 30 PLCs.

Ong has been involved in corporate actions ranging from mergers and acquisitions (M&A) to asset injections, asset sales, business diversification and takeover offers — all within a span of five years, if not shorter.

Some retail investors have been tracking his acquisition trail as they somehow believe he can provide the catalyst for a share price rally. However, conservative investors see him in a different light, to say the least.

So, just who is Ong?
In 1985, his father Datuk Ong Soon Ho started agrochemicals marketing firm Hextar Chemicals Sdn Bhd in Klang, Selangor. This gave him a base to grow the Hextar Group of Companies into the country’s largest pesticide producer. The group manufactures chemical fertilisers and industrial chemical products, among others.

Ong entered the Malaysian corporate scene by engineering a reverse takeover of Hextar’s rival Halex Holdings Bhd in 2017. Subsequently, Hextar’s agrochemical arm, Hextar Chemicals Ltd, was injected into Halex for RM596.79 million. The latter was then renamed Hextar Global Bhd.

But it was Rubberex Corp (M) Bhd where Ong made a massive killing as the share price skyrocketed from a low of 24 sen to a peak of RM2.95 (after price adjustment following bonus issue of shares).

The investment allowed him to ride the unprecedented glove mania during the Covid-19 pandemic in 2020. He made his name with that move.

However, Ong attributes the lucrative investment to luck. “Whether Rubberex was the Midas touch, if you ask me, the answer may be no. I was very lucky,” he says in an interview.

Notably, Ong bought a 27% stake in the Ipoh-based glove maker in late February 2020, a few months before the start of the global Covid-19 pandemic. Logically, the return on investment would have boosted his war chest, allowing him to be aggressive and bold in his ventures.

Ong also has under his belt companies such as Hextar Industries Bhd (formerly known as SCH Group Bhd), Hextar Technologies Solutions Bhd (formerly known as Complete Logistic Services Bhd), Classic Scenic Bhd, KIP Real Estate Investment Trust (REIT), Pekat Group Bhd, SWS Capital Bhd and Opcom Holdings Bhd. Recently, a series of corporate exercises involving Hextar Industries, Hextar Tech, Classic Scenic and KIP REIT cast the spotlight on him again.

1 month ago

Income

Cooking a story here?

1 month ago

damansaraeagle

No, numbers of people suspected Eddie Ong as only share manipulator. I am not so sure that is true as his partisan in Binacom seems to be some manipulation in contract.

1 month ago

damansaraeagle

entered a reasonable price and is included as one of the buy stocks. Preparing for a Portfolio Restructure

1 month ago

innocent9331

Hexcap and Binasat two abang adik holand stock

2 weeks ago

zerocool7199

All kena conman eddie ong hand.haha

1 week ago

yokatta

Senyp jer HAHA

1 week ago

damansaraeagle

remember , eddie also pushes stock

1 week ago

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