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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.
2014-05-29 22:02 | Report Abuse
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 ?
2014-05-29 21:45 | Report Abuse
I think Mitra start to go up begin tomorrow.
Test rm0.875-rm0.885.
2014-05-29 21:43 | Report Abuse
I think tomorrow will be continue the trend to test RM2.60-RM2.70.
2014-05-29 21:33 | Report Abuse
I think hapseng will happen Profit taking by tomorrow. may go near at Rm3.10.
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.
2014-05-29 11:27 | Report Abuse
RHB Research more relieable.
2014-05-29 11:11 | Report Abuse
Me too, I also buy and keep today. Now is quering ...hope to get it today.
2014-05-28 21:18 | Report Abuse
My remisier said Tomorow Profit Taking ( SILKHLD ) for sure !
2014-05-28 16:40 | Report Abuse
is going up and up now!!!
Buy !
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 .
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
2014-05-28 10:56 | Report Abuse
Mean Silkhld will fall down today, rite bcos of overbought condition?
2014-05-28 10:33 | Report Abuse
what price it will go today ?
2014-05-28 10:21 | Report Abuse
Dun buy with Campany which is loss money.
2014-05-28 10:17 | Report Abuse
Can still collect Mitra in this condotion ?
2014-05-28 10:04 | Report Abuse
Today will fly near to rm0.90 I guess.
2014-05-28 09:59 | Report Abuse
agreed with mk88.
I personaly hold 5000 units of Prtasco.
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.
2014-05-24 22:49 | Report Abuse
Monday will keep drop. we see.
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.
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.
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
2014-05-24 22:40 | Report Abuse
Really, Gadang got plantation sector ?!
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.
2014-05-23 16:49 | Report Abuse
I added more 5000 units of Mitra today.
Total is 25,000 units already.
2014-05-23 16:28 | Report Abuse
Collect it bcos is a chance to collect lower price.
2014-05-23 16:16 | Report Abuse
I think Amprop able to go above RM1.10 today.
2014-05-23 13:40 | Report Abuse
Strong earning campany.
Worth to invest in it.
2014-05-22 23:03 | Report Abuse
I also trust gadang to reach more than rm2.00!!!
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 )
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.
2014-05-21 15:04 | Report Abuse
Buy first b4 reach near Rm1.00
2014-05-21 08:35 | Report Abuse
Today Pmetal will fly !!!
2014-05-21 08:30 | Report Abuse
SC dint reject Dsonic Bonus Issue proposers.
2014-05-20 21:35 | Report Abuse
i think is not a good time rite now.
watch and see first.
2014-05-20 21:23 | Report Abuse
Not I think Mitra wuold be like Gadang performance.
( according to my remisier )
Stock: [KNM]: KNM GROUP BHD
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 ?