Volcker See's comment on BINTAI. All Comments
Volcker See
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Bintai still has around RM17.99 million worth of M&E projects and RM128.83 million worth of construction jobs on hand
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2 weeks · translate ·
Wei Yang Hau
great news, that would give them some earning visibilities
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Harmes Zhang
The company also has a tender pipeline worth about RM2.08 billion ~
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Fiona Auery
what is their tender conversion rate normally?
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Harmes Zhang
No idea, the company didn't disclose it
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Luke Low
if reverse calculate, the conversion rate should be roughly around 10%
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Volcker See
Not that high, I think. 4% to 6% if using the current order book in hand
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Cyrus
if you use the last reported figure plus the TNB contract over the active tender pipeline of 2.08 billion, you should be getting around 9.6%
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