My fren say margin the drop the expect d

My fren say no the saw coldeye the bot last time see u can see the coldeye the sold tis time

My fren say no the bad mouth but the share share the observation

My fren say next 3 years cost will the affect the by high steel price

My fren say 1mdb problem wil the resurface again to affect the market and the country better the run first

My fren say but the next quater the result may the affect by project start up cost and SEP. Next 3 years affect by high steel cost

My fren say also the 100%

My fren say tis the round the push n sell before the announcement of the delayment of SEP purchase is the over. Volumn the no more. See you the sometime in the future

My fren say the buy the SEP the delay surprise somemore 6 mth n contracts starting up costs may the affect the next 2 quaters results If price the drop is the golden chance to the buy

My fren say any the new contracts won in 2017 wil the send the Pesona beyond 1.00 very the sure

My frend say the consolidate for one month now the very the powerful

Stock: [PESONA]: PESONA METRO HOLDINGS BHD
Mar 1, 2017 09:21 AM | Report Abuse

My frend say stronger longer the consolidation the more the power to walk the further road in future

My frend say stronger longer the consolidation the more the power to walk the further road in future

My frend say the mid the long term Pesona is the very the bullish the billions the contract . Drop the buy

My frend say Pesona management had met 98% of it's the promise of the revenue of RM400m for 2016 liao

2017 2018 2019 revenue at least the RM 700m every the year campor the recurring income

My frend say the mid the long term Pesona is the very the bullish the billions the contract . Drop the buy

My frend say cin cia huat ah!!

My frend say let traders hv their 3 cent the profit n run Long term the investors let the profit run

My frend say strong the resistance now became the strong support No the big drop most the consolidation

My frend say HUAT AH!

My frend say Pesona pay the good dividend n the profit going up trend like the projects

My frend say Pesona now the a lot of the long term serious buyer the buy mother for dividend no buy warrant the Y the warrant premium small All serious long term buyers

My frend say the greatfool the low life

My frend say lulu la greatfool u two will hv the bad karma

My frend say Pesona now the a lot of the long term serious buyer the buy mother for dividend no buy warrant the Y the warrant premium small All serious long term buyers

My frend say Happy Chinese New Year Kong Sii Fatt Cai Come back for big ang pao HUAT AH!!!!

My frend say Hong Leong say in The Edge Pesona is the very good cos it is the pure construction play plus recurring income via concession

My frend say no the sold run away is the because after try few times the take rest only. Rest is becauae want to go the some more

My frend say Pesona all the real wan no the goring can see from warrant no the goring

My frend say the try to break the higher more the serious macam cooking for CNY ang pow huat ah

My frend say the now Pesona many the people Sui ah Huat ah

My frend say u the check GKent u wil the see GKent begun the really fly after Hong Leong recommend buy, now Hong Leong recommend buy PESONA so wil the fly

My frend say the 2016 GKent year the 2017 small GKent PESONA year. Miss the GKent 2016 don't miss PESONA 2017.

My frend say more the more people like Pesona the small GKent. 2017 wil b for the small GKent like the 2016 for the big GKent.

My frend say Pesona die die pun the want to go up for best the 2017

My frend say if the drop the good to buy. Pesona the small Gkent

My frend say take the rest so can go further some more Pesona the bright future

My frend say sui ah huat ah

My frend say look east look south look west look north oso has no the place for 0.50 in the cup n hander chart

My frend say got the big contracts got the concession n got more contracts n concessions will get so price the will not collapsed

My frend say greatfool u now pandai to the buy Pesona. The WC the very the strong

My frend say the greatfool the fool fool wan don't know Fed will increase % meh Pesona go up a bit yesterday is the very good d

My frend say no the sold wait the full potential

My frend say Pesona movie still the long to play

My frend say the show the is the not over. Long time even the better. Huat!!

My frend say Hong Leong the come later a bit but the doing a very good job to the appreciate Pesona's the very the bright future.

My frend say follow follow the real professional analyst better The Hong Leong say strong growth PE the high a bit can the accept

http://klse.i3investor.com/blogs/hleresearch/110976.jsp

Pesona Metro - Blending growth with stability
Author: HLInvest | Publish date: Mon, 5 Dec 2016, 09:40 AM

Highlights

Backed by sizable orderbook. Pesona’s new job wins have totalled RM1.8bn YTD, the highest achieved. Its orderbook stands at a record RM2.3bn, growing 3-fold within a year. This translates to a 9.6x cover on FY15 construction revenue, the 2nd highest ratio within our sector universe.

Reputable clientele base. All of Pesona’s existing jobs are either government related or from listed property developers in Singapore, Malaysia and Thailand. With 75% of its orderbook comprising of newly secured jobs this year, risk of cost overruns is minimal.
More to come. Management is comfortable to achieve RM500m in new job wins for FY17. Potential jobs include hospitals (RM220m) and river beautification (RM200m). Given Pesona’s strong track record in building jobs, we view it as a beneficiary of Greater KL’s catalytic developments.
Incoming concession. Pesona will soon conclude the acquisition of SEP, the eventual concessionaire of the completed UNIMAP hostel. As concessionaire, SEP will earn from rental and maintenance totalling RM33m p.a. with potential profit of c.RM12m for FY17-18. Putting things into perspective, this is equivalent to Pesona’s profits last year.
SKIP to the next catalyst. Mosaic Theory suggests that Pesona is the 30% concession partner for the SKIP Highway with the balance 70% held by Putrajaya Perdana. At a cost of RM2.1bn, Pesona’s stake would provide RM630m worth of work to undertake, boosting its orderbook by 29%. Upon completing the highway, this would provide another avenue of recurring income to Pesona via tolling.

Risks

Delays in the acquisition of SEP which is targeted for 1Q17.

Forecasts

We project FY16-18 earnings growth of 60%, 67% and 55%, driven by the execution of its record orderbook and new recurring income stream from SEP. All in all, this implies robust 3-year earnings CAGR of 61%. Rating Initiate with BUY, RM0.81 TP (+48% upside)
Pesona offers investors exposure to a pure construction play with an incoming stream of recurring earnings. Its financials are solid with strong earnings growth, increasing ROE and net cash positon. The stock is an under-researched and uncrowded trade with low institutional investor shareholding.


Valuation


Our SOP based TP of RM0.81 implies FY17-18 P/E of 16.9x and 10.9x which we reckon is fair for a pure construction play in an earnings upcycle with concession exposure.
The issuance of 39.5m shares at RM0.70/share (to acquire SEP) should set a new minimum benchmark valuation for the stock (28% upside to this level).

Given its strong earnings growth, there is potential to double dividends next year. We have assumed 2 sen which offers a decent yield of 3.7%.


Source: Hong Leong Investment Bank Research - 05 Dec 2016

My frend say those the people listen to tis jay bugger will miss buying to make big profit. First say no hope now say tp 0.81 more conservative reasonable. Listen to the him let him play chan la.


Jay hong leong's projection quite reasonable, it's even more conservative than mine.

05/12/2016 14:58

Jay for those who bought and believe in this counter, pls ignore the following. it is just to share with those that are interested but haven't bought this counter.

1. low margins are not forever, but that's a risk when it comes to companies with poor historical track record because we don't know how much is their operating leverage. it is also possible that the low margin was strategically done to outbid competitors and secure more jobs and so their margins may continue to be low

2. based on the contracts they have won last year and the projected schedule, this year revenue should have almost doubled. somehow its increase is more modest. is it due to delays or most of their projects are back-end loaded? I don't know

3. concession earnings is supposed to be steady and low risk. but for some reasons, budaya actually was loss making throughout the construction stage (if u read the circular). this is quite unheard of for Uni concessions. it implies poor cost management. so will they be profitable now at the maintenance stage? my gut feel is yes but will it be the RM10m p.a. as projected by the valuer 2 years ago? I'm not so sure.

plus if you notice budaya accounts, they financed the construction by current payables. so far no repayment has been done for the past 2 years but will it continue to be so after ownership change or pesona have to borrow to pay off the payables and incur interest cost?

4. many people conveniently ignore the warrants which is about 17% of the current shares. when your eps is diluted, then it may not be as great as initially thought. so if you target price is 70c, if diluted by 100/117 then suddenly it's more like 60c. that's a big difference.

the good stuff about this company of course is its record order book and maybe more to come. but before you jump into it, maybe give a thought about the points above as well.
17/11/2016 16:53

My frend say tis jay bugger one side the say the bank analyst very the close to the company management have insider's infor then the one side say the bank analyst not accurate

My frend say tis jay bugger say Hong Leong wrong CIMB wrong MBB wrong everyone the wrong only he the right

My frend say tis jay bugger know a bit think he the representative The best analyst in the world.