FAJARBARU BUILDER GRP BHD

KLSE (MYR): FAJAR (7047)

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Last Price

0.365

Today's Change

+0.005 (1.39%)

Day's Change

0.36 - 0.365

Trading Volume

790,300


10 people like this.

3,544 comment(s). Last comment by 27055825 2 days ago

bleuerouge

3,221 posts

Posted by bleuerouge > 2017-03-02 12:36 | Report Abuse

mother breaking 70c and son breaking 24c will be good scenario....

Posted by BrickBuilder > 2017-03-02 15:22 | Report Abuse

Yea. agreed ! breaking 70c will be awesome! Stay tuned ! Train is moving !

Buybuybuy

695 posts

Posted by Buybuybuy > 2017-03-03 09:28 | Report Abuse

70 sen resistance cant break and down trend might kick in so cut loss now

ran777rpt

2,945 posts

Posted by ran777rpt > 2017-03-03 10:18 | Report Abuse

Fajarbaru's timber cash cow- Focus Malaysia

yinyin99

121 posts

Posted by yinyin99 > 2017-03-03 16:31 | Report Abuse

More upside for Fajar

Posted by birkincollector > 2017-03-03 17:05 | Report Abuse

Heard got a big share of the gemas link project

yipgusing

483 posts

Posted by yipgusing > 2017-03-03 17:32 | Report Abuse

lai liao..

bleuerouge

3,221 posts

Posted by bleuerouge > 2017-03-03 18:12 | Report Abuse

well done fajar!!!

Posted by BrickBuilder > 2017-03-03 19:30 | Report Abuse

Yup! what a great closing today ! next resistance will be around 75cents , if can break this, it will fly all the way to 90cents !! Train finally moving !! next is wait for the BIGGG announcement !!

bleuerouge

3,221 posts

Posted by bleuerouge > 2017-03-03 20:46 | Report Abuse

i foresee a small correction early next week after quick depart which is normal, stay longterm for big rewards. Uptrend must go on. All the best !!!

Posted by birkincollector > 2017-03-04 00:32 | Report Abuse

On 23 Feb, it reported a 74% YoY drop in its 2Q earnings. Price fell the next day then held at 64-65 for another two days. Now already recovered to 0.715. I think for sure getting part of Gemas project consider Fajar has working relationship with CREC. Announcement this month so i heard

Posted by BrickBuilder > 2017-03-04 09:42 | Report Abuse

Yes. It should be the case by looking at the chart now. Gemas project announcement is should be just around the corner. Perhaps like IWCITY case also.

johnhuat88

139 posts

Posted by johnhuat88 > 2017-03-04 19:42 | Report Abuse

wow. broken 70 sen... i hope can like iwcity almost limit up

thesteward

6,782 posts

Posted by thesteward > 2017-03-04 22:41 | Report Abuse

:-)

johnhuat88

139 posts

Posted by johnhuat88 > 2017-03-06 19:11 | Report Abuse

80 sen can break?

Posted by BrickBuilder > 2017-03-06 20:02 | Report Abuse

I believe it can. but before that, it may have a small correction due to profit taking.

Posted by BrickBuilder > 2017-03-07 20:36 | Report Abuse

Today both mother and son supported very well.

johnhuat88

139 posts

Posted by johnhuat88 > 2017-03-07 21:18 | Report Abuse

go go go

bleuerouge

3,221 posts

Posted by bleuerouge > 2017-03-08 12:55 | Report Abuse

what's next, mother 80c and son 40c?

Posted by BrickBuilder > 2017-03-08 13:05 | Report Abuse

Yup. 80 cents soon! Don't miss the train if you are not boarded yet!

bleuerouge

3,221 posts

Posted by bleuerouge > 2017-03-08 13:14 | Report Abuse

ok BrickBuilder, i let go the mother yesterday but still holding the son, cheers!!.

Posted by BrickBuilder > 2017-03-10 11:21 | Report Abuse

80 cents in the making! Woohoo!

user

579 posts

Posted by user > 2017-03-10 12:50 | Report Abuse

This year performance in bright side when Australia revenue been pumped in.......

Posted by BrickBuilder > 2017-03-10 13:39 | Report Abuse

Yea! Next quarter revenue will be at least 322million !

Posted by BrickBuilder > 2017-03-10 13:40 | Report Abuse

If the contract for Gemas-JB project can be announced today, Monday will sure fly!

johnhuat88

139 posts

Posted by johnhuat88 > 2017-03-10 22:53 | Report Abuse

can rm1 only announce?

Posted by BrickBuilder > 2017-03-11 09:28 | Report Abuse

Local builders set to benefit from mega rail projects
TWO big ticket projects that will provide a major boost and a new source of contracts for the local construction sector will likely be the RM8bil Gemas-Johor Baru double tracking line, as well as the RM55bil East Coast Rail Link (ECRL) project.
Industry sources have indicated that packages for the 197km Gemas-Johor Baru double tracking project are set to be announced within the next two months, with the aim of completing it by 2020.
As for the ECRL project, most had expected the mega project to start at end-2017.
Nonetheless on Wednesday, Prime Minister Datuk Seri Najib Tun Razak launched the public inspection of the ECRL project at the Land Public Transport Commission’s headquarters. The ECRL is now fast tracked to start in July this year, and will be completed in July 2024.
These new contracts have kicked off a buzz in the market, which is excited about which companies will be the beneficiaries for both projects.
Local contractors are expected to be appointed as subcontractors for both the projects.
“Contractors with good rail construction track records include Gamuda, IJM Corp, Fajar Baru and WZ Satu,” said AffinHwang Capital analyst Loong Chee Wei in his construction sector report dated Jan 16.
The Gemas-Johor Baru double-track line will allow electric trains to reach speeds of 160 km per hour, with an operating speed limit of 140 km per hour.
It will run through the districts of Segamat, Kluang, Kulai and Johor Baru.
Upon completion, the railway will have a network of electric passenger trains from Padang Besar to Johor Baru.
Gemas project
The lucrative and much-awaited Gemas-Johor Baru double tracking project, which has been stalled for more than a decade, is now in the last stages of being finalised, say sources.
It was already reported last month that SIPP Railway Sdn Bhd was the first contractor for the project. It is learnt that SIPP, which is a private vehicle controlled by the Sultan of Johor, Sultan Ibrahim Sultan Iskandar, has been appointed as the main contractor for the Gemas double tracking job.
A consortium of three China-based companies — China Railway Construction Corp Ltd (CRCC), China Railway Engineering Corp (CREC) and China Communications Construction Corp (CCCC) — received the letter of award for that job from Transport Minister Datuk Seri Liow Tiong Lai in October last year.
State-owned CRCC, which is the largest engineering contractor in China, holds a 40% stake in the consortium, while CREC and CCCC each have 30%.
“We should know who the sub-contractors will be over the next two months,” says the source.
The Gemas-JB link project has been around for more than a decade. It was scrapped in late 2003 but revived in 2007. The MMC-Gamuda consortium was given the mandate to build the 330km stretch from Ipoh to Padang Besar for RM12.5bil back in 2003.
In 2008, India’s Ircon International Ltd was given the southern sector from Seremban to Gemas for RM3.45bil.
AllianceDBS Research analyst Chong Tjen San expects local players that have established relationships with the three Chinese companies to have a slight edge.
“The local portion for Gemas may be 30% to 40% of the entire contract. I suppose the Chinese players will be giving out the jobs to their Malaysian counterparts,” he says.
Malaysian companies that have partnered with the Chinese players include E&O Bhd, IJM Corp Bhd, Gamuda Bhd, George Kent Bhd, Econpile Bhd and Bina Puri Holdings Bhd For instance last August, George Kent and CCCC won a RM1.01bil work package for the mass rapid transit (MRT) Sungai Buloh-Serdang-Putrajaya (SSP) Line.
Framework financing
On the ECRL, it was in Nov 1 last year, that Malaysia and China agreed to a framework financing agreement and engineering, procurement, construction and commissioning contract for the RM55bil rail link.
The agreement was signed in Beijing by Malaysia Rail Link Sdn Bhd and CCCC, and witnessed by Najib and his Chinese counterpart, Li Keqiang.
CCCC will be appointed as the main contractor and financing will be provided from the Chinese government.
On Wednesday, the proposed alignment for the 600km-long East Coast Rail Link (ECRL) was unveiled for the public to give feedback and suggestions.
Some 23 stations have been proposed along the route, which has been described as a game-changer project that will spur development of the east coast states.
When the rail link is completed in 2024, it will allow passengers to travel by train from Wakaf Baru in Kelantan to Gombak and on to Port Klang in about four hours.
It can take up to 12 hours if that route is travelled by road.
The ECRL will also benefit freight transport because it will link key economic and industrial areas within the East Coast Economic Region, including Kuantan and Bentong in Pahang, as well as Kuantan Port and Port Klang on the west coast
http://www.thestar.com.my/business/business-news/2017/03/11/flushed-with-construction-jobs/

user

579 posts

Posted by user > 2017-03-11 12:10 | Report Abuse

Sui yah, Fajarbaru........

johnhuat88

139 posts

Posted by johnhuat88 > 2017-03-11 15:50 | Report Abuse

monday rm1?

Posted by Kwokyau911 > 2017-03-11 16:03 | Report Abuse

Still can buy now? Haha

Posted by BrickBuilder > 2017-03-12 19:16 | Report Abuse

I think there is still room for price to go up further. Especially news on Gemas project not out yet. There should be at least 20%-30% upside from the current price level. Well, trade at your own risk =)

Posted by Equityengineer > 2017-03-15 10:55 | Report Abuse

Inside this counter today , I think there will be a catalyst for this counter

Posted by BrickBuilder > 2017-03-15 13:28 | Report Abuse

Yea. Agreed. Still waiting patiently for the gemas project announcement=)

johnhuat88

139 posts

Posted by johnhuat88 > 2017-03-15 21:43 | Report Abuse

wait till neck long ad...

ChenGy91

191 posts

Posted by ChenGy91 > 2017-03-17 09:19 | Report Abuse

BOOM

bblimmy

2 posts

Posted by bblimmy > 2017-03-17 09:58 | Report Abuse

Fajar, beautiful.

Steven8882

284 posts

Posted by Steven8882 > 2017-03-17 10:30 | Report Abuse

Good...

user

579 posts

Posted by user > 2017-03-17 10:45 | Report Abuse

Ha mi tai chi ?

bblimmy

2 posts

Posted by bblimmy > 2017-03-17 11:27 | Report Abuse

fajar-wb, wonderful.

user

579 posts

Posted by user > 2017-03-22 16:42 | Report Abuse

來吧 !该动动了。。。。。

Posted by BrickBuilder > 2017-03-23 17:07 | Report Abuse

Fajar has been resting for sometimes. The train should be moving again soon

Posted by buyfreedom > 2017-03-23 22:56 | Report Abuse

agreed

alibabacoming

3,466 posts

Posted by alibabacoming > 2017-03-24 09:52 | Report Abuse

resting

27055825

1,465 posts

Posted by 27055825 > 2017-03-25 18:56 | Report Abuse

Will start uptrend again from Monday
Not too late to buy !

anson8222

914 posts

Posted by anson8222 > 2017-03-27 19:01 | Report Abuse

2017-0327 (Bursa announcement): FBG Group timber production for February 2017 was 32,200 cubic metres.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5376705

Q1-2017 = 45,968 cubic metres
* March: ______ cubic metres
* February: 32,200 cubic metres
* January: 13,768 cubic metres

Q4-2016 = 79,257 cubic metres
* December: 23,615 cubic metres
* November: 21,513 cubic metres
* October: 34,129 cubic metres

Q3-2016 = 63,411 cubic metres
* September: 18,200 cubic metres
* August: 25,892 cubic metres
* July: 19,319 cubic metres

Q2-2016 = 74,724 cubic metres
* June: 31,845 cubic metres
* May: 22,292 cubic metres
* April: 20,587 cubic metres

Q1-2016 = 60,592 cubic metres
* March: 26,381 cubic metres
* February: 11,690 cubic metres
* January: 22,521 cubic metres

bullmoney

276 posts

Posted by bullmoney > 2017-03-28 15:25 | Report Abuse

http://www.chinapress.com.my/20170327/星辰建築beulah國際-墨爾本聯營計劃gardenhill售罄/

ran777rpt

2,945 posts

Posted by ran777rpt > 2017-03-29 14:41 | Report Abuse

ECRL awarding next month. Star only mentioned IJM and Gamuda as possible benefiaciary

Posted by Equityengineer > 2017-03-30 08:52 | Report Abuse

Fajar will be getting gemas double track one ..

27055825

1,465 posts

Posted by 27055825 > 2017-03-30 12:40 | Report Abuse

You are rite !

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