But in the interim nothing has changed.The contribution from the latest new project will only be accrued from 2 August next year. The group said the contract will commence on Aug 2, 2018, and is expected to be completed in 30 months, by February 2021.
Whenever the share price drop, there is a chance. After the negative news, here come another good news, bro don get con, someone trying to collect at lower price!
Coming quarter report should see further YOY drop in earning. Higher operating cost and steel price will lower down its profit margin. Beware of further adjustment in share price. Good luck,
@eYuppie suggests you wait awhile until things settled down first.Technical Price Indicators have not shown any price reversal to the upside yet.Why not wait at the next QR announcement which will be around mid-November and decides from there.Maybe you can collect even cheaper. Cheers:-)))
Banker is not inside, the share price might go lower unless a big fund kicks in, anyhow this kind of good company, accumulate it since low and riding it when banker is coming in. Cheers!
KENANGA RESEARCH: Maintaining MP with a lower TP. Post contract announcement, we maintain our MARKET PERFORM call but lowered our SoP-derived cum/ex TP to RM0.95/RM0.84 (from RM1.10/RM0.95) after rebasing our construction valuations lower to 10x FY18 PER (from 12x).
Lets build the Trinity Triangle Tri-Tower which have triplet three identical tower like the twin tower of the black & white tower, where one side of the tower is white yet another side of the twin tower is the opposite colour which is black colour.. like ying & yang where balance of ups & down..good & bad in life where white symbol of bright up good good & black darkess down time need to push go back up like that
[MITRA] Change In Substantial Shareholder's Shareholding - EMPLOYEES PROVIDENT FUND BOARD on 25-Oct-2017 Stock [MITRA]: MITRAJAYA HOLDINGS BHD Announcement Date 25-Oct-2017 Substantial Shareholder's Particular: Name EMPLOYEES PROVIDENT FUND BOARD Details of Changes: Currency - Date of Change Type Number of Shares 20-Oct-2017 Acquired 177,000 Registered Name Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident FD BD (PHEIM) Nature of Interest Direct Interest
OTHERS Mitrajaya Holdings Berhad ("MHB" or the "Company") Pembinaan Mitrajaya Sdn Bhd appointed contractor for main building works at Precinct 15, Putrajaya
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....
tzerteoh
110 posts
Posted by tzerteoh > 2017-10-19 13:47 | Report Abuse
seem like got some big investors keep press down the price to 0.905 and 0.900,