Smartinvest88

Smartinvest88 | Joined since 2017-06-06

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2017-08-24 20:00 | Report Abuse

This is what I like about Fajar =) all segments are doing well =) and they are on track to secure Gemas and LRT3

Stock

2017-08-24 19:59 | Report Abuse

According to the Construction Industry Development Board (“CIDB”), the Malaysian
construction industry is expected to grow by 8% in volume to RM170 billion this
year, underpinned by ongoing mega infrastructure projects. In 2016, the construction
sector grew by 7.4% to RM166.4 billion, up 8.2% from RM140 billion in 2015. With
the spillover of major projects announced, the Group believes that the project pipeline
and sentiments ahead will be more positive in the coming quarters, and the Group is
poised to participate in any of these construction projects. The Group will continue to
bid for jobs that have promising and exciting growth potential in order to replenish its
order book and to enhance its future earnings.
Moving forward, the Property Development segment is expected to bring more
contribution to the Group. The Group’s maiden project, Rica Residence Sentul, a 39-
storey serviced apartment project with a GDV of RM280 million is located in Jalan
Kovil Hilir, Sentul, Kuala Lumpur. The project is within walking distance to the KTM
Sentul Station and Sentul West Station of the future Mass Rapid Transit Line 2
linking Sungai Buloh and Putrajaya. In view of the strategic location, the response
from the public is encouraging and 70% of the units have been taken up as of to-date.
The Group has adopted robust marketing efforts through improved products, widened
sales networks to ensure that all potential markets are tapped into, as well as
optimising opportunities for growth. This project has been officially launched on 3
August 2017. As for its projects in Puchong and Malacca, these will be launched upon
improvement of the market situation. The Group will continue to strive for excellence with an emphasis on delivering excellent customer services. The Group believes that
there will still be a demand for properties in prime locations with accessibility to good
amenities, at attractive pricing.
On the oversea development, the Group has launched its second project called
Paragon, Melbourne. The Paragon, with its prime location in the heart of the
Melbourne Central Business District (“CBD”) has received overwhelming response
from the public, achieving 85% take up rate as of to-date.
Another segment which has generated significant revenue to the Group is the logging
and timber trading segment. This segment will continue to generate significant
contribution to the Group’s revenue, on the back of stable average prices of timber
products.
The Group will continue to explore more business opportunities and is committed to
continue capitalising its strengths to generate sustainable revenue from its existing or
new businesses.

Stock

2017-08-24 19:59 | Report Abuse

Yea man! Fajar didn't let us down! Continue to deliver good result !

Stock

2017-06-08 00:13 | Report Abuse

Yea. Superb strong support at level 1.58

Stock

2017-06-07 09:34 | Report Abuse

Yea! It's real!! Don't miss the train! Big announcement coming soon! Immediate TP is 1.8!

Stock

2017-06-06 11:05 | Report Abuse

Insider news! I heard some big shot from China is gonna JV with Mudajaya for bidding of Bandar Malaysia! Buy buy buy !