Gain in 6 consecutive trading days, some sort of a record. Hope the slow n steady momentum continues. Up 0.5ct daily is good enough to make me a rm500 profit albeit quite meager.
Andy, warrant expiry refers to its demise meaning you're not able to convert to mother share upon its expiry. However you need to subscribe to convert to mother, called 'strike or exercise' price. All d best
Fundamentally Mitrajaya is not much difference from TITIJAYA. currently, the price of TITIJAYA is 3 times of MITRAJAYA. So, it is still undervalued. At least, the TP should be at NTA price, around 0.90
pencegahan rasuah bhd 427,947,999.00 dairy complex pahang 11,732,679.45 putrajaya holdings s/b 111,843,488.00 pusat bandar puchong commercial lots 65,625,931.00 mosque puchong 37,288,903.00 syarikat prasarana holdings s/b and 560 units of medium cost of public apartments 181,555,574.00 grand total 835,994,574.45
OTHERS MITRAJAYA HOLDINGS BERHAD (“MHB” or “the Company”) Proposed Renewal of Authority for the Company to Purchase its Own Shares of up to 10% of the Issued and Paid-Up Share Capital (“Proposed Renewal of Share Buy-Back”) MITRAJAYA HOLDINGS BERHAD
Type Announcement Subject OTHERS Description MITRAJAYA HOLDINGS BERHAD (“MHB” or “the Company”) Proposed Renewal of Authority for the Company to Purchase its Own Shares of up to 10% of the Issued and Paid-Up Share Capital (“Proposed Renewal of Share Buy-Back”)
The Board of Directors of MHB is proposing to seek shareholders' approval at the forthcoming Annual General Meeting ("AGM") of the Company for the Proposed Renewal of Share Buy-Back. A Statement setting out the details pertaining to the Proposed Renewal of Share Buy-Back will be issued in due course.This announcement is dated 22 April 2014.
Announcement Info Company Name MITRAJAYA HOLDINGS BERHAD Stock Name MITRA Date Announced 22 Apr 2014 Category General Announcement Reference No CA-140422-65237
If it can secure one or two more sizable construction contracts, then it may even go above RM1.20 easily. This is because the outstanding order book is > RM1.2 billion, not to mention its own property development projects to be launched later this year. Its 2013 annual turnover was only RM338 mil. So, huat ar for this year!
Mitrajaya Holdings Bhd (MITRA) - Not Rated----------KENANGA TECHNICALS
Yesterday, MITRA rose 7.5 sen (+10.64%) to settle at RM0.78 with strong trading volume. Investors’ interest has been particularly strong recently due to its good contract replenishment momentum and cheap valuation. Technically speaking, MITRA has been trading on an uptrend over the past 2 months. Following yesterday’s strong showing, a long bullish candlestick has taken shape on the daily chart, suggesting some strong buying support for the stock. Positive readings from all key indicators (MACD, RSI and Stochastic) are supportive of our bullish view. Hence, we believe that MITRA could rally to retest its previous high of RM0.87 fairly soon. Should this resistance be taken out, MITRA could rally towards the next resistance level at RM1.00 (R3). Outlook Bullish Key Resistance level RM0.80 (R1) RM0.87 (R2) RM1.00 (R3) Key Support level RM0.75(S1) RM0.67 (S2) RM0.61 (S3) Strategy Not Rated Current Price RM0.78
About the stock: Name : Mitrajaya Holdings Bhd Bursa Code : MITRA CAT Code : 9571 Market Cap : 307.4 52 Week High/Low : 0.78/0.40 3-m Avg. Daily Vol. : 2,310,756.0 Free Float (%) : 49.2% Beta vs. KLCI : 1.2 Yesterday, MITRA rose 7.5 sen (+10.64%) to settle at RM0.78 with strong trading volume. Investors’ interest has been particularly strong recently due to its good contract replenishment momentum and cheap valuation. Technically speaking, MITRA has been trading on an uptrend over the past 2 months. Following yesterday’s strong showing, a long bullish candlestick has taken shape on the daily chart, suggesting some strong buying support for the stock. Positive readings from all key indicators (MACD, RSI and Stochastic) are supportive of our bullish view. Hence, we believe that MITRA could rally to retest its previous high of RM0.87 fairly soon. Should this resistance be taken out, MITRA could rally towards the next resistance level at RM1.00 (R3).
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
FlappyBird
196 posts
Posted by FlappyBird > 2014-04-17 09:29 | Report Abuse
2016