Joel

Joel | Joined since 2013-12-16

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Stock

2014-05-30 10:55 | Report Abuse

Where got news regarding secure RM2.60 billion contract ?!
In The edge today also could'nt find the news.
where prc4wifefe ?

Stock

2014-05-29 22:10 | Report Abuse

He willing to buy back share fr SimeDarby simply he confidence E&O future,
Otherwise He wont do like that way like u said above.
He is the Founder of E&O, If I am the Founder of E&O,
I also will spend rm2.90 to buy 9% shares to increase total share in hand become 15%.
E&O's future are begin today and the following day start tomorrow.
Simedarby sold thier 9 % they also got profit around rm50mil, rite ?

Actually SimeDarby and Terry Tham also UNTUNG.
BUT, Terry Tham Untung for long run with his E&O campany.

Stock

2014-05-29 21:48 | Report Abuse

I got 10 lots OCK ( 10,000 units share )
After Bonus Issue, 2:1 ( Beli 2 lots = percuma 1 lot )
Is that I will have 15 lots OCK ?

Stock

2014-05-29 21:45 | Report Abuse

I think Mitra start to go up begin tomorrow.
Test rm0.875-rm0.885.

Stock

2014-05-29 21:43 | Report Abuse

I think tomorrow will be continue the trend to test RM2.60-RM2.70.

Stock

2014-05-29 21:33 | Report Abuse

I think hapseng will happen Profit taking by tomorrow. may go near at Rm3.10.

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2014-05-29 21:30 | Report Abuse

Lim, U r invested too many stocks in Market.
so u r concern this and that.

U aim sharp sharp and shoot the the stock u wanted to invest.

some stocks r really sampah.

Stock

2014-05-29 16:28 | Report Abuse

Climb up slowly and steady.

Stock

2014-05-29 11:27 | Report Abuse

RHB Research more relieable.

Stock

2014-05-29 11:11 | Report Abuse

Me too, I also buy and keep today. Now is quering ...hope to get it today.

Stock

2014-05-29 10:50 | Report Abuse

Bright future earning campany-MKH !!!

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2014-05-28 21:41 | Report Abuse

Be patient, Lim..

Stock

2014-05-28 21:33 | Report Abuse

will be go up by tomorrow .

Stock

2014-05-28 21:18 | Report Abuse

My remisier said Tomorow Profit Taking ( SILKHLD ) for sure !

Stock

2014-05-28 16:40 | Report Abuse

is going up and up now!!!
Buy !

Stock

2014-05-28 14:21 | Report Abuse

what happen to Engkah today , bro sis ?

Price fr rm2.60 something fall down to rm2.44.

Bonus Issue or share split ?
Thx .

Stock

2014-05-28 14:15 | Report Abuse

10 Lots u mean is it 10,000 units share or 1000 units share u had bought ? rqsh

Stock

2014-05-28 10:56 | Report Abuse

Mean Silkhld will fall down today, rite bcos of overbought condition?

Stock

2014-05-28 10:33 | Report Abuse

what price it will go today ?

Stock

2014-05-28 10:21 | Report Abuse

Dun buy with Campany which is loss money.

Stock

2014-05-28 10:17 | Report Abuse

Can still collect Mitra in this condotion ?

Stock

2014-05-28 10:04 | Report Abuse

Today will fly near to rm0.90 I guess.

Stock

2014-05-28 09:59 | Report Abuse

agreed with mk88.
I personaly hold 5000 units of Prtasco.

Stock

2014-05-27 19:22 | Report Abuse

Yes good to collect.

Stock

2014-05-27 16:35 | Report Abuse

http://www.nanyang.com/node/623971?tid=462

Mitra got chance to secure some

WCE 和DUKE 6大道将颁200亿合约.

Stock

2014-05-24 22:49 | Report Abuse

Monday will keep drop. we see.

Stock

2014-05-24 22:45 | Report Abuse

Key catalyst for property division: Wangsa Maju. Mitrajaya will be launching a property project comprising 3-blocks of luxury condominiums in Wangsa Maju starting 4Q2014. Total GDV for the whole project is estimated at RM650m and it is located right opposite Wangsa Walk Mall and is only 150m away from Sri Rampai LRT station. Despite the property cooling measures, we believe this project will achieve strong take-up rates due to the strategic location. According to the management, 1st phase of the project will be around RM200m and we expect this project to contribute significantly from FY16 onwards.

- Other businesses to support earnings growth. We understand Mitrajaya has other businesses, including (i) a 51% stake in Optimax Eye Specialist Sdn Bhd, one of the largest optical companies in Malaysia and (ii) 152 acres of bungalow vacant lots and 18-hole golf course in South Africa. The former contributes about close to RM1.0m last year while the latter contribute about RM5.0m last year mostly through land sales. We expect at least it could maintain the same quantum of last year’s profit through land sales. We believe these two divisions will likely continue to support its earnings growth in the foreseeable future.

Stock

2014-05-24 22:45 | Report Abuse

Mitrajaya’s earnings have reached an inflection point after its core net profit (netting off the RM4.2m land disposal gain in Rawang) grew significantly by 40% to RM25.1m in FY13, driven its construction and property divisions. According to the management, its orderbook has reached its all-time high of RM1.2b (3.3x to FY13 revenue), 140% higher than that of its previous historical high of RM500m. As for its property division, there is RM80m locked-in sales, which will be recognised this year and about RM146m ready stock yet to be sold. Based on our conservative analysis, we forecast Mitrajaya’s core earnings could at least report high double digit net profit growth of 52% and 31% in FY14 and FY15. This is substantially higher than that of our construction universe’ aggregate FY14-FY15 earnings growth forecast of 16%-9%.

- Tenderbook of RM1.75b, targeting to win at least RM300m this year. Tenderbook includes: Petronas RAPID project (RM600m), building works for Ikano Cochrane (RM350m), infra projects for ECERDC (RM300m), building works for Bandar Setia Alam (RM300m), and building works for Putrajaya (RM200m). The management expects to win at least RM300m this year and that, we believe, will be coming mainly from building works in Putrajaya and other infra projects. Note that Mitrajaya has established a long-term relationship (10 years) with Putrajaya Holdings through its excellent project delivery track record. The latest project they secured with Putrajaya Holdings Bhd was the RM427m MACC Building last year. With this track record and background, we believe Mitrajaya is well-placed to win more contracts from Putrajaya.

Stock

2014-05-24 22:44 | Report Abuse

Forecasts. We forecast its net profit to grow by 52% and 31% in FY14 and FY15 to RM38.3m and RM49.9m, respectively. The earnings growth is based on the following assumptions: (i) orderbook burn rate of 33%-35%, (ii) new contracts assumption of RM300m per annum, (iii) unbilled sales of around RM80m coupled with expected new sales of RM50m-RM115m in FY14-FY15.

- Fairly valued at RM1.13, TRADING BUY. We reckon that this under researched stock, Mitrajaya, is one of small-cap stocks with good growth prospect that worth considering given its visible earnings growth prospects. At current price, Mitrajaya appears very cheap as it is only trading at Fwd-PER15 of 6.0x against its small-cap peers average Fwd-PER of 8x-10x. Benchmarked at 9x fwd-PER on FY15 earnings, Mitrajaya is fairly valued at RM1.13. TRADING BUY, as the stock offers 50% potential upside

Stock

2014-05-24 22:40 | Report Abuse

Really, Gadang got plantation sector ?!

Stock

2014-05-23 22:27 | Report Abuse

finally...
PROPOSED PRIVATE PLACEMENT of up to TEN PERCENT (10%) of The Issued and
paid
up Share Capital Of
GADANG
(“PROPOSED PRIVATE PLACEMENT”)

Good News for long term who told in Gadang.

Stock

2014-05-23 16:49 | Report Abuse

I added more 5000 units of Mitra today.

Total is 25,000 units already.

Stock

2014-05-23 16:28 | Report Abuse

Collect it bcos is a chance to collect lower price.

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2014-05-23 16:16 | Report Abuse

I think Amprop able to go above RM1.10 today.

Stock

2014-05-23 13:40 | Report Abuse

Strong earning campany.
Worth to invest in it.

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2014-05-23 07:59 | Report Abuse

Today Gadang Will rebound.

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2014-05-23 07:57 | Report Abuse

Aim OCK, According to my remiiser.

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2014-05-22 23:03 | Report Abuse

I also trust gadang to reach more than rm2.00!!!

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2014-05-22 23:00 | Report Abuse

My remiser they and some his fren who also Play and invested in Mitra

they said TP between rm1.15- rm1.25 in very shorterm period ( Mei - June 2014 )

Stock

2014-05-22 16:41 | Report Abuse

Profit After Tax on first Quarter Report is RM7,357.000

Compared to the last time loss money at Rm5,123.000.

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2014-05-21 15:04 | Report Abuse

Buy first b4 reach near Rm1.00

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2014-05-21 08:35 | Report Abuse

Today Pmetal will fly !!!

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2014-05-21 08:30 | Report Abuse

SC dint reject Dsonic Bonus Issue proposers.

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2014-05-21 06:39 | Report Abuse

anytime will reach more than rm2.00.

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2014-05-20 21:35 | Report Abuse

i think is not a good time rite now.
watch and see first.

Stock

2014-05-20 21:23 | Report Abuse

Not I think Mitra wuold be like Gadang performance.
( according to my remisier )