Total target launch projects FY19 - RM1.7B (April 18 - March 19)
Total launched projects Q1 - Q3FY19 - RM1.1B (April - Dec 18)
Total projects to be launched Q4FY19 - RM600mil+- (Jan - March 19)

this means Q4FY19 will launch about 35% of full year projects.

Put some hope for its Q419 from jan to march

The group said it aims to launch a total RM1.7bil worth of projects for FY2019. 

For the first nine months of the financial year, it successfully launched RM1.1bil worth of residential and commercial projects, including Ara Sendayan (Phase 3& 4), Tiara Sendayan 1 and 2, Lobak Commercial Centre Phase 2, and Sub Centre @ Sendayan Tech Valley 1A in Bandar Sri Sendayan (BSS), and Chambers KL.

For the final three months to March 31, it targets to launch projects worth RM532.6mil in GDV, including Tiara Sendayan 3 and 4 and Ara Sendayan (Phase 5) in BSS, and Impiana Bayu 3A in Bandar Seri Impian

Consider good. At least share price has no drop today. Let's see its performance on tomorrow.

For me, this JV doesn't benefit carepls a lot.

Joint venture. Pls check its announcement

Carepls form new JV

Post removed.Why?

Suddenly big volume comes....

I think investors would like to see d next Q4 18 earning result in end Feb 19 first b4 buy n push it up.

I think two possibilities. 1) changes in shareholders, 2) changes in top management position.

After the project cost is down 47%, u say d price will b up or down on tomorrow

http://www.klsescreener.com/v2/news/view/444804

KUALA LUMPUR (Oct 17): MRCB George Kent Sdn Bhd said today the government has agreed to continue with the Light Rail Transit Line 3 (LRT3) project at a cost of RM16.6 billion – almost half or 47% of the earlier cost of RM31.45 billion in July.

This includes land acquisition costs, interests during construction and other costs.

"The implementation concept of the project (which connects Bandar Utama with Johan Setia) will be remodelled from a project delivery partner regime to a fixed price contract regime," Malaysian Resources Corp Bhd (MRCB) said in a filing with Bursa Malaysia today.

It added that further announcement to Bursa will be made as and when there is a material development in relation to the project.

On July 11, Finance Minister Lim Guan Eng revealed that the projected total cost of LRT3 had spiralled to a whopping RM31.45 billion, blaming it on Prasarana Malaysia Bhd’s poor management. The original estimate when the project was launched in 2015 was RM9 billion.

Guan Eng had then called for a drastic cost reduction to make the project feasible and cost-effective.

MRCB shares closed up 7.5 sen or 10.42% at 79.5 sen, with 84.23 million shares done, bringing a market capitalisation of RM3.49 billion.

Last night US DJ dropped 831p. I think another selldown comes today

Last night US DJ dropped 831p. I think another selldown comes today

Bollinger line is widening. Should has more uptrend

I believe the worst is over

Bjcorp had been in loss for past 6 consecutive months. No matter what was the reason for its positive profit in latest quarter result, it is a good start. At least price of bjcorp will not drop back.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5927889

Very good result. Good start

No power......

No volume for bjcorp. Selling is heavier than buying

Gangnam, u bought bjland? Seldom see your post in bjland

I am not greedy. Let me earn 0.10 is enough.

Nothing to b proud. Earning per share even not more than rm0.005. Ha...

If privatisation is true, y nobody buys bjland at 0.23?

Consider for quite some time whether want to buy bjcorp or bjland. Lastly, i chose bjcorp

Bought bjcorp today. Keep it for 6months n see wat will happen

Be realistic. Don't expect dividend. Based on its financial year, all 4 quarters had losses. How to give dividend...

Bjcorp to privatise bjland has been talking as rumour for long time. No action at this moment.

Is this related to bjcorp?

LONDON: Yes, it is true. The rich indeed seems to be getting richer. Berjaya Group’s Tan Sri Vincent Tan can attest to that. His London’s super car dealership is proof.

Tan’s H.R. Owen, the world’s largest Ferrari, Lamborghini and Bentley dealer doubled profits last year, driven largely by improvements under new ownership.

Pre-tax profits for the year to April 30 for H.R. Owen, which owns 15 showrooms across Britain dealing in super-luxury brands including Bugatti, Rolls-Royce and Aston Martin, rose from £2.9mil to £6mil. The group is planning to build a new £50mil London headquarters in order to provide a end-to-end service.

H.R. Owen was delisted from the London Stock Exchange in 2016, following a takeover from Tan. Tan decided to buy the group after receiving poor treatment in one of its Rolls-Royce dealerships.

In January 2017, Tan installed Ken Choo as CEO. Choo previously worked for Berjaya in Asia and spent a period running Tan’s resorts and a casino in the Seychelles. He is also chief executive of Cardiff City football club.

Britain’s car sales have declined by 6.3% in the first six months of the year but there is no lapse in demand at H.R. Owen.

“The ultra luxury segment continues to show strong momentum and growth and there is a desire among the affluent customer to personalise their cars,” Choo said.

Fashion experts can often lead to customers paying an additional £75,000 to tailor the car to their exact specifications, colour and trim at H.R. Owen. The wealthy continue to get richer, Choo said, but the range of vehicles offered by the top-end nameplates is also increasing, further expanding the scope of the sector.

Lamborghini and Rolls-Royce have launched sport utility vehicles, Aston Martin’s will arrive next year and Ferrari has promised its own version of an SUV. H.R. Owen’s own expansion will see it open a new London headquarters within two years, funded largely by its parent company.

The company’s proposed five-acre site will house several showrooms, about 500 spaces of underground storage for cars to cater for an increasing trend where customers buy vehicles but want them kept safely when they are out of the country for extended spells.

The expansion is all part of offering more services, including flying Lamborghini buyers to the Sant’Agata Bolognese plant in Italy to see their vehicles being hand-crafted.

“There are more billionaire’s in London than any other city and people come from all over the world to London to buy cars and keep them here,” Choo said.

The company’s attention to details and customer services has paved the way for it to win many Dealer of the Year Awards, most recently from Rolls-Royce Motor Cars, where H.R. Owen was the first dealer to score 100% in ever single category.

“In many ways, this was the perfect validation of Tan’s vision, to go from the poor service he received to the best dealer in the world,” Choo said.

Anyone can estimate when bjcorp can has big up? Y?

After u read above link, i don't think EPF wil take d RI by pumping double money into this counter anymore.

http://klse.i3investor.com/m/blog/kianweiaritcles/171065.jsp

Normally right issue price is about 5-10% lower than market share price. U can study d RI of other companies.

As above link, those investors plan to take d RI, they need to spend double investment cost in this share. Those investors have no extra funding in hand for RI, they may sell it in next week.

For better return after privatization, should buy bjcorp or bjland? Why?

Should buy bjcorp or bjland?

If bjland is privatised, why does it benefit to bjcorp? What price bjcorp n bjland can go? Pls share

Company proposes share buy back

Long Q to sell at 0.30

（吉隆坡9日訊）隨著新政府上台3個月之后對建築領域做出多項重大決策，分析員認為政府削減開支的立場保持不變，而基建發展重心將從大型項目轉移至小型項目。

大馬研究檢視了第14屆全國大選以來政府對公共基建項目所採取的措施，以及與建築業者交流之後，確認了建築領域的5個趨勢：削減基建項目開支、改變合約頒發模式、洽談不平等中國工程合約、優先推動小型項目，以及公開招標工程。

大馬研究分析員指出，雖然多個基建項目依然照跑，比如捷運2號線（MRT2）、輕快鐵3號線（LRT3）和砂拉越泛婆羅洲高速大道，但政府沒有改變縮減基建項目財政的政策。同時，他相信這是因為這些項目已經施工，若現在喊停就必須做出巨額賠償金，可能比完成項目的成本更高。其中，捷運2號線完成了10%至20%，而輕快鐵3號線和砂州泛婆羅洲大道項目也各完成了10%和25%。

市場傳言，政府可能彈性地延後總值128億令吉的泛婆羅洲大道項目沙巴部份。

35個工程配套中只頒發了12個，分析員指已頒出的工程平均只完成了約5%。

政府推出更加透明的採購系統來汰弱留強，讓建築領域有更良好的競爭。

採固定價碼模式頒合約

另外，他也指出，政府重新採用「固定價碼」模式取代工程執行夥伴（PDP）來頒發輕快鐵3號線合約，則相信為了節省成本及避免超支。「固定價碼」模式比PDP收費方式更加省錢。

同時，這模式也可避免超支，因承包商必須自行承擔超支風險。對承包商來說，這意味著工程合約的吸引力下降之餘，風險卻更高。

他估計政府也會採用「固定價碼」模式來頒發捷運2號線工程（PDP是MMC-金務大聯營公司）和砂州泛婆羅大道項目（PDP是北婆羅洲大道公司）。

另一方面，分析員稱，政府將重新洽談不平等的中國工程合約，並已經暫停由中國交通建設股份有限公司（CCCC）負責的東海岸鐵道（ECRL）工程（總值670億令吉），以及由中國油氣管道局負責的2個油氣輸送管項目（總值94億令吉）。

這些項目皆含不平等條款，尤其是超額付款予承包商。此外，他指政府如今會優先推動規模較小及價值較高的項目，而非大型項目。

「中期而言，公共基礎設施項目將復工，畢竟基礎設施發展對國家建設非常重要，但我相信政府會把重心轉移到小型項目，比如翻新大道、天橋、學校和排水系統等。」分析員坦誠，這些小型項目對大型承包商如金務大（GAMUDA，5398，主板建築股）而言，顯然是微不足道。

公開招標汰弱留強

除此之外，他指政府將公開招標工程來營造健康的競爭環境，並推出更加透明的採購系統來汰弱留強，讓建築領域有更良好的競爭。

「長遠來說，我們相信成本效益較高的承包商將從中受惠，比如怡保工程（IJM，3336，主板建築股）、雙威建築集團（SUNCON，5263，主板建築股）和WCT控股（WCT，9679，主板建築股）。」

大馬研究維持建築領域的「中和」評級，因政府削減了大型基建項目的開支。其首選股是金務大和雙威建築集團，投資評級皆為「守住」，目標價分別是3.36令吉和2.00令吉。

而金輪企業（KIMLUN，5171，主板建築股）的評級從「買進」下修至「守住」，目標價是1.61令吉。

http://www.klsescreener.com/v2/news/view/416156

This was two years ago old news.

That is y i will keep it i until Q2 earning result is out. Good Q2 result + bonus issue. Expect it will break previous 0.325 after above.

Let it pass 1.63+- first. It happened few times where it dropped back after touched that price.

Bollinger line is widening. Good sign to reach 0.285 soon

http://www.klsescreener.com/v2/news/view/404499

（吉隆坡14日讯）由于轻快铁第三路线的竣工日期展延至2024年，导致盈利入账期延长，该项目工程交付伙伴（PDP）乔治肯特（GKENT，3204，主板建筑股）及马资源（MRCB，1651 ，主板产业股）的3年财测也遭下砍。

此外，财政部也将工程交付伙伴（PDP）合约形式，改成固定收费合约制，详情条款仍在商讨。

丰隆投行研究维持该项目建筑总成本120亿令吉预测，但由于竣工时间已从原有的2020年，推迟至2024年，因此其盈利入账期也被拉长。该投行下砍乔治肯特及马资源的财测。

乔治肯特在2018至2020财年的年度净利预测，分别被削减26.1%、34.3%和37.4%；而马资源在同期的净利预测，也被分别下调7.9%、10.1%和9.2%。

不过，丰隆投行研究维持本周二提出的两家公司目标价，即在分类加总估值法（SOP）估值中，剔除该项目的净现值（NPV），以反映最糟糕的情况。

该投行早前下调乔治肯特目标价35仙，至1.17令吉，同时下修马资源目标价5仙，至63仙。维持两者“守住”投资评级。

而肯纳格投行研究在今天的分析报告中，保留乔治肯特现有财测、2.20令吉目标价和“超越大市”评级，直到最终详情公布。

另外，丰隆投行研究则维持该项目承包商的财测，包括双威建筑（SUNCON，5263，主板建筑股）、WCT控股（WCT，9679，主板建筑股）和IJM（IJM，3336，主板建筑股），直到成本削减详情出炉为止。

IJM隧道工程有变数

财政部为了削减成本，取消了长达2公里的隧道路线，这意味着，IJM在今年3月获得总值11.2亿令吉的隧道工程或有变数。

JF Apex证券指，虽然项目还处在重审阶段，但据当局说法，无论是隧道工程还是转为地面上的工程，IJM将得到相应的补偿。

由此，IJM料持续进行承包工作，只是工作范围可能有变。

该投行预测，若改成地面上的工程，其项目总额可能只有原来的隧道工程总额三分之一。由此，IJM的手持订单总额，将减少至86.3亿令吉。

JF Apex证券维持IJM财测、“买入”评级和2.23令吉目标价。

Sunway-wb. Bollinger line is widening. Will drop more

0.06 now

Dont make me happy. I dont think so.

When is d AGM?

Mrcb is not involved in ECRL. Construction counters just start to rebound these 2 days. Hope the above news will not create negative sentiment further