CITAGLOBAL BERHAD

KLSE (MYR): CITAGLB (7245)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.885

Today's Change

0.00 (0.00%)

Day's Change

0.885 - 0.89

Trading Volume

65,400


9 people like this.

4,025 comment(s). Last comment by pritpritt 1 day ago

darksoul

363 posts

Posted by darksoul > 2018-09-05 17:00 | Report Abuse

y sudden shot up? wat happen?

kakakemas

377 posts

Posted by kakakemas > 2018-09-05 17:59 | Report Abuse

shark acquired...see announcement on 28 august

nahcee

479 posts

Posted by nahcee > 2018-09-10 18:08 | Report Abuse

Bauxite ban will be lift soon, any news?

darksoul

363 posts

Posted by darksoul > 2018-09-12 14:19 | Report Abuse

so when the bauxite ban will be uplift? New govt no give a proper date oso

nahcee

479 posts

Posted by nahcee > 2018-09-13 08:51 | Report Abuse

After 31/12 maybe. So hold it.

Yael Jasper

2,178 posts

Posted by Yael Jasper > 2018-09-13 11:30 | Report Abuse

Very confident stock, good to invest it and then can buy more car HAHAH!

dingyuan

52 posts

Posted by dingyuan > 2018-09-20 13:50 | Report Abuse

new update on bauxite ban, very very likely will uplift by early 2019.

Posted by jordanmaggie61 > 2018-09-20 14:49 | Report Abuse

Very confident stock, good to invest it and then can buy more car HAHAH!

Posted by Toriqul Jannah > 2018-09-24 21:11 | Report Abuse

Very stress to hold it..may god bless me..haha

nahcee

479 posts

Posted by nahcee > 2018-09-25 20:28 | Report Abuse

Accumulate while it still cheap. Don't miss the boat.

darksoul

363 posts

Posted by darksoul > 2018-09-25 21:20 | Report Abuse

Nahcee any good news? Next quarter high percentage is red because the impairment o...

Posted by armadatuah2017 > 2018-10-12 10:09 | Report Abuse

They keep delaying the QR because it is too bad. The company is having cash flow problems

darksoul

363 posts

Posted by darksoul > 2018-10-17 16:23 | Report Abuse

drop like hell...

tunku1234

102 posts

Posted by tunku1234 > 2018-10-18 11:59 | Report Abuse

whoever holding this stock, better cut loss now before losing everything

Posted by Toriqul Jannah > 2018-10-18 16:13 | Report Abuse

Aiyoyo....come on.... Come on...hahhaa

darksoul

363 posts

Posted by darksoul > 2018-10-19 09:18 | Report Abuse

new low...

nahcee

479 posts

Posted by nahcee > 2018-10-22 15:19 | Report Abuse

0.235, how low it can go ?

darksoul

363 posts

Posted by darksoul > 2018-10-22 15:30 | Report Abuse

lolz... buy some 0.25, now drop to 0.235 =="

Yukimura

76 posts

Posted by Yukimura > 2018-10-23 12:51 | Report Abuse

Everyday year low

csf954

2 posts

Posted by csf954 > 2018-10-23 13:05 | Report Abuse

Any good in this counter?

RoyGon

11 posts

Posted by RoyGon > 2018-10-24 12:01 | Report Abuse

Mati katak

darksoul

363 posts

Posted by darksoul > 2018-10-30 16:47 | Report Abuse

any hope for tis stock?

nahcee

479 posts

Posted by nahcee > 2018-10-30 16:49 | Report Abuse

no hope, run!!!

Yukimura

76 posts

Posted by Yukimura > 2018-10-30 19:23 | Report Abuse

Really very bad result.

darksoul

363 posts

Posted by darksoul > 2018-10-30 19:51 | Report Abuse

Koyak...

apolloang

18,163 posts

Posted by apolloang > 2018-10-30 23:16 | Report Abuse

I don't dare to buy lo....market cap only 95 mil but losses 77 mil,capital almost gone already

TYS_Capital

1,691 posts

Posted by TYS_Capital > 2018-10-31 13:45 | Report Abuse

anyone who is holding this stock must quit now to preserve your last capital. it cannot be revived anymore for sure.

darksoul

363 posts

Posted by darksoul > 2018-10-31 14:37 | Report Abuse

sure or not oh?

TYS_Capital

1,691 posts

Posted by TYS_Capital > 2018-11-01 08:22 | Report Abuse

Not sure but wish you all good luck.

Posted by armadatuah2017 > 2018-11-08 17:45 | Report Abuse

This counter is hopeless. Youll expect more losses in next quarter due to steep drop in revenue especially in its old ans gas division. The management is incapable of turning the twist.

djibaok

1,183 posts

Posted by djibaok > 2018-12-04 12:26 | Report Abuse

sweet bird droppings

ZhugeNemo

208 posts

Posted by ZhugeNemo > 2018-12-17 19:57 | Report Abuse

Bingo

Posted by armadatuah2017 > 2018-12-18 11:11 | Report Abuse

New project? It can’t revive WZS.

alam Rafik

114 posts

Posted by alam Rafik > 2018-12-31 22:18 | Report Abuse

SATU BHD not so much movement ..even no movement la..hold

ZhugeNemo

208 posts

Posted by ZhugeNemo > 2019-01-05 20:33 | Report Abuse

looking better

darksoul

363 posts

Posted by darksoul > 2019-01-07 11:17 | Report Abuse

can buy?

Posted by commonsense > 2019-01-07 12:34 | Report Abuse

Hi darksoul,

Maybe you should wait until there is a clearer picture on when the bauxite moratorium will be lifted. Currently the new deadline is end of March (deadline has been extended multiple times since the first moratorium on Jan 2015) to provide time for both the Pahang state and the Federal government to finalise the new SOP for bauxite mining, transport, stockpile management and export. More importantly it will also provide time for operators to clear off their stockpile at Kuantan Port.

The group’s other main divisions, both the construction and O&G are facing challenging prospects in view of the government decision to review most of the infrastructure project (for construction) and the high cost overruns of its O&G Rapid project. Its contract for West Coast Expressway also incurred high cost overruns last year. Unless management will be able to negotiate with the project owners (both Petronas and WCE Holdings) it is expected both the projects to continue incurring losses in FY19.

For me the biggest positive catalyst would be the lifting of the bauxite ban. Prior to the bauxite ban, mining business is the biggest contributor to the group’s profit at around RM20mil per year. Until then, WZ Satu will most probably record quarterly losses.

If you are looking to diversify your portfolio outside of WZ Satu (due to near term earnings uncertainties), 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 6.2x PE (based on target FY18 PATAMI of RM145mil. 9m PATAMI is already RM106mil). PB is low at only 0.6x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17.

For FY19 growth will be driven by the still high demand of new Myvi and the newly launched SUV and also the new Alza in 2H19.

Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions. Most analysts have a TP of above RM3 for the company with Hong Leong being the lowest at RM3.13 and Maybank the highest at RM4.50.

Good luck.

darksoul

363 posts

Posted by darksoul > 2019-01-07 13:57 | Report Abuse

Thanks Commonsense. Good comment.

nanas

126 posts

Posted by nanas > 2019-01-14 10:11 | Report Abuse

wah. go up. what happened? any good news?

darksoul

363 posts

Posted by darksoul > 2019-01-14 10:16 | Report Abuse

dunno... up a lot... crazy

nahcee

479 posts

Posted by nahcee > 2019-01-14 10:49 | Report Abuse

new Agung effect ?

darksoul

363 posts

Posted by darksoul > 2019-01-14 10:55 | Report Abuse

maybe...

Posted by armadatuah2017 > 2019-01-14 12:38 | Report Abuse

Yes. Because Chairman is royal from Pahang

Posted by armadatuah2017 > 2019-01-14 13:08 | Report Abuse

The company sucks one la. Bad management.

nahcee

479 posts

Posted by nahcee > 2019-01-14 16:43 | Report Abuse

high volume, tomorrow still got show.

tunku1234

102 posts

Posted by tunku1234 > 2019-01-14 18:03 | Report Abuse

Pump & dump as usual. Good Luck to you guys

Posted by armadatuah2017 > 2019-01-16 01:12 | Report Abuse

Will drop back one la. Ikan bilis already lured inside

Post a Comment