PRG HOLDINGS BERHAD

KLSE (MYR): PRG (7168)

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Last Price

0.10

Today's Change

0.00 (0.00%)

Day's Change

0.095 - 0.10

Trading Volume

21,000


6 people like this.

2,771 comment(s). Last comment by LY Hoh 2 weeks ago

tksw

12,854 posts

Posted by tksw > 2017-01-25 19:14 | Report Abuse

The China investor dun wanna to sell oso...

tksw

12,854 posts

Posted by tksw > 2017-01-25 19:14 | Report Abuse

kasi tambah sikit

tksw

12,854 posts

Posted by tksw > 2017-01-25 19:21 | Report Abuse

better diam diam buy

cstrader

937 posts

Posted by cstrader > 2017-02-02 20:36 | Report Abuse

Buy. Bull started.

tksw

12,854 posts

Posted by tksw > 2017-02-07 22:23 | Report Abuse

cstrader sifu, mana ada lembu?

tksw

12,854 posts

Posted by tksw > 2017-02-10 10:52 | Report Abuse

ho-lan liao la cstrader sifu...

cstrader

937 posts

Posted by cstrader > 2017-02-23 18:57 | Report Abuse

Not yet. Patient. Buying tomorrow.

thesteward

6,782 posts

Posted by thesteward > 2017-02-23 23:04 | Report Abuse

cukup rest liao hopefully up again

tksw

12,854 posts

Posted by tksw > 2017-02-28 17:00 | Report Abuse

cstrader sifu, today I listen to you and bot somedun cheat me to ho-lan ya.

tksw

12,854 posts

Posted by tksw > 2017-02-28 17:35 | Report Abuse

die liao lor, loss liao lor

tksw

12,854 posts

Posted by tksw > 2017-03-01 09:53 | Report Abuse

results not good oso no drop, something is brewing

tksw

12,854 posts

Posted by tksw > 2017-03-01 10:01 | Report Abuse

oiyo! up wor

tksw

12,854 posts

Posted by tksw > 2017-03-01 10:03 | Report Abuse

I tot there will be lali-lintang pukang for me to buy....

richmao

490 posts

Posted by richmao > 2017-04-05 09:37 | Report Abuse

Hahaha all move to GHL gg.com

hallelujah

167 posts

Posted by hallelujah > 2017-04-19 14:59 | Report Abuse

LOL. wait lah...

hallelujah

167 posts

Posted by hallelujah > 2017-04-19 15:00 | Report Abuse

maybe there is good news coz the Director been acquiring the shares quietly.

pts2222

95 posts

Posted by pts2222 > 2017-06-01 10:47 | Report Abuse

1Q net profit 1.046 million (decreased 38.47%)

cstrader

937 posts

Posted by cstrader > 2017-06-06 20:46 | Report Abuse

Worth the wait :-)

kql0003

60 posts

Posted by kql0003 > 2017-06-07 15:07 | Report Abuse

up up up

jliewch

2 posts

Posted by jliewch > 2017-06-09 11:21 | Report Abuse

up 30% in two days, more to come

thesteward

6,782 posts

Posted by thesteward > 2017-07-19 17:38 | Report Abuse

Good one. Dirs accumulated for quite some time.

PYLINK

155 posts

Posted by PYLINK > 2017-07-19 17:59 | Report Abuse

17-Jul-2017 Additional Listing Exercise of Warrants - 40,000 shares at 0.375.

thesteward

6,782 posts

Posted by thesteward > 2017-07-24 10:47 | Report Abuse

prg good one

thesteward

6,782 posts

Posted by thesteward > 2017-07-24 12:32 | Report Abuse

keke

Posted by monkeyinvestor > 2017-10-27 09:24 | Report Abuse

today up

leekh91

1 posts

Posted by leekh91 > 2017-10-27 09:25 | Report Abuse

KUALA LUMPUR (Oct 26): PRG Holdings Bhd today signed a collaborative agreement with Jiangsu Provincial Construction (M) Sdn Bhd (JPC) to venture into highway, bridge, port, housing development, as well as project investment and financing projects in Malaysia and abroad.

PRG said the agreement formalises the commitments made by both parties in an earlier agreement inked in July, and regulates their rights and obligations as shareholders in the joint venture entity named Premier JPC Sdn Bhd.

PRG will hold a 51% stake in Premier JPC, while the remaining 49% will be held by JPC.

The collaboration will include construction projects potentially worth RM5 billion to be developed by PRG and the subsidiaries of Syarikat Perumahan Negara Bhd (SPNB), PRG said in a statement.

Posted by monkeyinvestor > 2017-10-27 14:59 | Report Abuse

budget 2018 angpao besar?

splaw

61 posts

Posted by splaw > 2018-01-20 17:10 | Report Abuse

High time to rise ...PRG

Crazy11223

825 posts

Posted by Crazy11223 > 2018-01-21 10:01 | Report Abuse

coming RM130

Posted by monkeyinvestor > 2018-01-22 13:21 | Report Abuse

good news today up in the wind

miketyu

464 posts

Posted by miketyu > 2018-01-22 14:39 | Report Abuse

why no ppl interested

bangonluck

1,360 posts

Posted by bangonluck > 2018-01-22 15:40 | Report Abuse

tarak minyak.... kena pigi isi minyak...

Posted by monkeyinvestor > 2018-01-23 12:54 | Report Abuse

lol haha

Posted by monkeyinvestor > 2018-01-23 12:55 | Report Abuse

duit goreng blom sampai lg tuggu

miketyu

464 posts

Posted by miketyu > 2018-03-27 17:29 | Report Abuse

Director Mass buying. apa macam?

Posted by monkeyinvestor > 2018-04-05 12:47 | Report Abuse

start goreng today 5/4/18!

Posted by monkeyinvestor > 2018-04-05 14:20 | Report Abuse

anyone here?

miketyu

464 posts

Posted by miketyu > 2018-04-06 14:59 | Report Abuse

i am here waiting

ViWizard

780 posts

Posted by ViWizard > 2018-07-30 09:13 | Report Abuse

how is this company?

Yael Jasper

2,178 posts

Posted by Yael Jasper > 2018-07-30 10:33 | Report Abuse

Today up up up gogo

ViWizard

780 posts

Posted by ViWizard > 2018-07-31 09:33 | Report Abuse

haha can meh?

Lim Tek Wai

2,386 posts

Posted by Lim Tek Wai > 2018-07-31 10:44 | Report Abuse

climbing, start taking profit hehehe

ViWizard

780 posts

Posted by ViWizard > 2018-09-05 16:36 | Report Abuse

can buy?

Posted by abdrahib > 2018-10-05 08:14 | Report Abuse

To day RSI below 30.Can buy or not?

Posted by afterlight > 2018-12-27 11:25 | Report Abuse

This DATO' LUA CHOON HANN keep acquiring like mad, lol

Posted by monkeyinvestor > 2019-01-21 22:17 | Report Abuse

need times just wait can rocket

Posted by commonsense > 2019-02-03 10:21 | Report Abuse

Both the company’s business in manufacturing (via subsidiary Furniweb) and property development are facing operational challenges which had affected the profit to shareholders. The 9m18 result delivered a total loss of RM3.3mil to the shareholders with 4Q18 also expected to still record a loss. Manufacturing business saw a drop of profit by almost 70% due to the intense competition in the industry. The sales in property has dropped by almost half due to lower sales from the Picasso Residence project. Management is planning to venture into the affordable housing segment which I think is a bit late given the already intense competition in the segment. Even those that are well known in the segment (like Hua Yang) is finding it difficult to deliver profit to their shareholders. In addition, with the new regulation imposed by the Pakatan government, where any residences to be considered affordable, it will need to be have at least 900 sq ft of size and be price below RM300k. This would only mean lower profit margins to the developers.

If you are looking to diversify your portfolio outside of PRG Holdings (due to its earnings uncertainties and bleak business outlook), I would recommend you to look at MBMR.

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.9x PE (based on target FY18 profit of RM145mil. 9m profit is already RM106mil). PB is low at only 0.7x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17.

FY19 growth will be driven by the still high demand of the new Myvi and the newly launched SUV Aruz and also the newly revamp Alza in 2H19. The recent announcement of closure and potential disposal of the loss-making alloy wheel manufacturing business alone is expected to boost the company’s profit by an additional RM20mil. I am projecting a profit to shareholder of RM170 mil for FY19 which at the current price values MBMR at only 5.9x PE.

Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions. There are 8 analysts in total covering the stock with most of them having a TP of above RM3 (all have a buy rating). The average TP for the 8 analysts is around RM3.50.

Good luck.

Posted by 129055444514385 > 2019-02-19 09:59 | Report Abuse

reported quarterly losses and stopped paying any dividend since 2017 :)

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