Posted by plnichi > 2014-08-22 17:43 | Report Abuse

No fear..good fundamental company can sustain...keep it..will up after down...

Posted by Joel > 2014-08-24 08:48 | Report Abuse

"Strategy-wise, given that the short-term trend has turned positive towards 1,880, traders should accumulate our last recommended Top Featured Stocks which include the likes of Gamuda, Bursa, IHH, IGB, Sunway, Westports, Econpile, Pintaras, Sentoria, Huayang, KSL, and Matrix," he added.

http://www.theedgemalaysia.com/business-news/304193-klci-week-ahead-local-market-to-remain-firm-trend-higher-.html

Posted by autumnleaf > 2014-08-30 17:01 | Report Abuse

Finally below 3.20. Time to buy after Merdeka? Was once holding this counter but that time decided to do short term as wasn't that familiar... regretted haha. Coming back soon :)

Posted by BILLION_Q > 2014-09-06 16:30 | Report Abuse

Still keeping this gold mine. Hope it fly to rm3.80 one day. R u guys still holding?

Posted by azman > 2014-09-08 10:21 | Report Abuse

Intact

Posted by martinbartesque > 2014-09-08 17:00 | Report Abuse

still keeping it all the time.

Posted by martinbartesque > 2014-09-08 20:32 | Report Abuse

all friends, I bought a stock recently named Rcecap. Feel it is potential. Ex-date for dividend is 15th Sept. Dividend is RM0.015 and stock price is RM0.36 now. It is about 4.17%. Better than Bank FD. NTA is RM0.56. Worth to invest. Still undervalue stock

Posted by martinbartesque > 2014-09-08 20:35 | Report Abuse

Target Price - RHB is 3.80, Kenanga - 3.48 and HLG - 3.74. I will hold it until 3.60 - 3.70. Believe it can reach it.

Posted by azman > 2014-09-09 08:39 | Report Abuse

New venture n diversification for Matrix would be in education...i.e. the International School. New source of income for the company, i believe.

Posted by beverley96 > 2014-09-09 16:02 | Report Abuse

keep going up lo

Posted by nich0las > 2014-09-09 17:19 | Report Abuse

come liao.

Posted by Sohai > 2014-09-09 18:49 | Report Abuse

Sendayan 附近有毒产！那边的产业还有人要吗！

Posted by accord10 > 2014-09-13 09:19 | Report Abuse

Target Price rm3.90. still holding.

Posted by azman > 2014-09-15 18:56 | Report Abuse

Institutions buying Matrix shares. 10 mil shares disposed by one of major s/holders to an unknown institution at rm3.20 a piece.

Posted by BILLION_Q > 2014-09-17 09:37 | Report Abuse

Heard from a friend's friend from an insider, Matrix had proposed to sell off it business @ 3.80 per share to other company and many are interested, am price has not finalized. i am not sure whether it is real, any insider can confirm? If is real, it will be great to hold on to this stock.

Posted by spy008 > 2014-09-17 13:04 | Report Abuse

Impossible for Dato Lee to sell off his company lor...
Especially @ RM 3.80 such low price.

Posted by BILLION_Q > 2014-09-17 13:58 | Report Abuse

spy008, maybe you r right..

Posted by amywong111888 > 2014-09-18 21:23 | Report Abuse

i dont think dato' lee will do that.

Posted by Alvin Tan > 2014-09-19 13:17 | Report Abuse

New Land http://www.bursamalaysia.com/market/listed-companies/company-announcements/1743541

Posted by azman > 2014-09-19 17:41 | Report Abuse

Bullet for new high

Posted by tallman > 2014-09-20 15:05 | Report Abuse

Matrix traded at pe 6.2, ksl traded at pe 9. Deeply undervalue. Matrix should trade atleast at pe 8 x 52.4=RM4.19.

Posted by bekful > 2014-09-24 22:19 | Report Abuse

why 52.4??

Posted by azman > 2014-09-25 12:31 | Report Abuse

eps b4 bonus issue. Now eps around 33c.

Posted by Lollipot Anison > 2014-09-25 12:48 | Report Abuse

after bonus issue, current P/E is 9.49 la

Posted by accord10 > 2014-09-27 08:31 | Report Abuse

I believe with the increasing property prices, those who work in KL may opt to buy a comfortable landed house rather in N9 rather than staying at apartment in KL. Based on annual report from Matrix, they manage to capture 40% of house buyers from Klang Valley. Connectivity is not an issue since we have KTM right now (for those who doesnt want to drive) and future High Speed Rail connecting Singapore to KL, which further enhance the connectivity.

Matrix has long benefited from the low land cost, which they acquired from FELDA and the result can be seen from high ROE and EPS. With market cap of more RM 1.0 billion, matrix can command a higher valution i.e PE 10-12x as compared to Mahsing and SPSetia, and this can be translated to a TP of up to RM4.00.

With the recent buy of land worth RM71 million for industrial sector, Matrix has projected to net RM100 million profit, which can last of up 2-3 years. Therefore, we can expect RM30 million of additional profit per year. It is exciting to highlight that, apart from land cost, Matrix only needs to convert the land and develop the infrastructure at minimal cost, and they already have buyers in mind. The profit can be recognized very fast as compared to residential development, and this will enhance their cash flow and further translated to more dividends.

Posted by NewBeginner > 2014-10-03 16:30 | Report Abuse

when can buy in? ... 3.1?

Posted by martiniclub7 > 2014-10-03 17:38 | Report Abuse

can start collecting around 3.1...3.0.. and then wait 6 months

Posted by matrix6050 > 2014-10-03 18:46 | Report Abuse

waiting for the bargain

Posted by autumnleaf > 2014-10-04 12:26 | Report Abuse

Sudden drop after stably above 3.20... too bad no budget to add for now.

Posted by martiniclub7 > 2014-10-07 16:16 | Report Abuse

Something bad is about to hit the property and construction sector in Budget 2015.. Big Sharks are leaving all property and construction counters..

Posted by bennike129 > 2014-10-07 17:35 | Report Abuse

i hope nothing bad..

Posted by NewBeginner > 2014-10-08 13:18 | Report Abuse

matrix or tambun???

Posted by wongty > 2014-10-08 16:37 | Report Abuse

time to buy in..

Posted by Eric Fong > 2014-10-08 17:00 | Report Abuse

can buy in anytime

Posted by Eric Fong > 2014-10-08 17:00 | Report Abuse

this stock worth RM6

Posted by Eric Fong > 2014-10-08 17:28 | Report Abuse

We should see future from here...long term

Posted by ntygis > 2014-10-10 14:26 | Report Abuse

totally agree, worth RM7

Posted by Alvin Tan > 2014-10-11 08:27 | Report Abuse

How do you count to worth RM7?

Posted by martiniclub7 > 2014-10-11 10:12 | Report Abuse

Ya worth RM7! In 5 year's time. Lol

Every fundamental stock is worth higher in later times. What we concern is the near future, and that is RM4. By end FY2015 it should be around RM4-RM4.20

Posted by bennike129 > 2014-10-11 16:33 | Report Abuse

no negative impact for property counter in budget 2015. good news for property counters ;)

Posted by aleroe > 2014-10-13 10:55 | Report Abuse

Positive news for Matrix actually...

1. Budget allocated for First Owner scheme, which offers a funding limit for a first home not exceeding RM500,000 for married youth aged between 25 and 40 years with household income not exceeding RM10,000 -- precisely the target market for Bandar Sendayan

2. 50% stamp duty exemption for properties up to RM500,000 until 31 December 2016 -- fits Matrix Concept's offerings

3. Provide intercity bus services to those residing outside Kuala Lumpur (KL) but work in KL. The service will be offered with a discounted monthly fare of 30%. For a start, three bus routes will be operational namely the Rawang-KL; Klang-KL and Seremban-KL (which fits Matrix Concept's development)

It's high time to buy Matrix guys...

Posted by liyin > 2014-10-13 11:40 | Report Abuse

Hi...aleroe...it's high time means it's not a good timing to buy in any share of matrix is it?

Posted by aleroe > 2014-10-13 12:14 | Report Abuse

liyin, sorry -- high time means right time to buy... currently, share is at weakness...the right time to accumulate..

Posted by martinbartesque > 2014-10-13 17:14 | Report Abuse

I had cut loss this morning before heavy drop. I believe it will drop further.

Posted by beso > 2014-10-13 17:22 | Report Abuse

downtrend already

Posted by aleroe > 2014-10-13 18:13 | Report Abuse

Agreed, there's downtrend... share went down from 3.30 to 2.86 in less than a week... There is a sea of red out there... Point is, can we find a gem that is worth investing into... Nothing has changed fundamentally for Matrix... It it was attractive at 3.30, it should be that more attractive at 2.86, especially when its fundamentals are in tact...

Posted by aleroe > 2014-10-14 09:16 | Report Abuse

Another weak opening... bidders shaking weak hands of the sellers, with low bids... there was even a 3-cent spread between bid and ask... there's no significant volume here...

Posted by liyin > 2014-10-14 10:18 | Report Abuse

keep on droping....

Posted by jasonor > 2014-10-14 14:06 | Report Abuse

drop not because fundamental change, but because weak global mkt sentiment. if mkt correction your house drop in value ka? ur shop drop value? land drop value?? your property cheap sale?? no, it stays. unless certain that reccession came, ppl no job to pay mortages... then only should start fear... now it is defensive, nothing to scare.. only small contra kaki selll.... no volume. its ok..

Posted by aleroe > 2014-10-14 15:41 | Report Abuse

price holding at 2.80... low volume overall... rebound should happen soon... looks way oversold