Posted by kcwong > 2017-08-10 09:00 | Report Abuse

http://klse.i3investor.com/blogs/kianweiaritcles/129596.jsp

Good company with good dividends, bonus issues and returns.

Posted by kcwong > 2017-08-10 09:01 | Report Abuse

jady, if buy now, have to wait for next dividend....
now waiting for announcement of bonus issues date, so if buy now, still can wait for the bonus issues.

Posted by DroidnPlay > 2017-08-10 09:16 | Report Abuse

Nice sharing over here, unlike other threads full of defamation and hatres like Prtasxx. Jady, as long you buy before the Ex Date (latest is one day before), then you are entitled for the dividends. YOu could sell it on Ex Date.

Posted by Bock TzerMing > 2017-08-10 10:19 | Report Abuse

what happens to Matrix-wa after bonus issues?can anyone share some info here?Thanks!

Posted by jady > 2017-08-10 10:36 | Report Abuse

wow, thanks guys! I opened account 1 month ago, until now still 0 purchase. Don't dare to click the button huhu

Posted by tschung > 2017-08-10 11:13 | Report Abuse

jady, for matrix just click.

Posted by DroidnPlay > 2017-08-10 11:43 | Report Abuse

HI Jady,then you have landed a best time, aim for better entry price, to me this price is acceptable since it went down from 2.7~ to present 2.66. Pls consider the dividend, take past div 0.035*4/2.66 = 5.2%. If you dare to take risk, tis seems to be quite attractive, don't forget the upcoming Bonus Issue. THis is not a buy call, pls do your homework before you buy.

Posted by jady > 2017-08-10 12:26 | Report Abuse

Droid, thank you so much for the calculation. Now I have better picture. Yes sure will do homework : )

Posted by Bratt > 2017-08-10 13:59 | Report Abuse

Watch next week's magic

Posted by Chess > 2017-08-10 14:26 | Report Abuse

anything special on next week? Someone said quarterly result only out on 24/08/2017

Posted by N0B0DY > 2017-08-11 00:25 | Report Abuse

Next week (16/8) is matrix's agm

Posted by wilsonchan87 > 2017-08-11 07:07 | Report Abuse

last supporting point at 2.61, if drop over, will back to 2.5

Posted by federerphong > 2017-08-11 13:31 | Report Abuse

come on 2.40

Posted by Calvin Wai > 2017-08-14 10:28 | Report Abuse

This counter is so stable, for those who want stable and receive good dividend can look for this counter.

Posted by azman > 2017-08-14 19:32 | Report Abuse

Dato Lee collecting the shares again

Posted by N0B0DY > 2017-08-14 21:17 | Report Abuse

Dato Lee exercise from esos

Posted by Larrytrader > 2017-08-14 21:35 | Report Abuse

dato Lee chong Wei?

Posted by Larrytrader > 2017-08-14 21:35 | Report Abuse

haha just kidding

Posted by Teh Kieat Keoi > 2017-08-15 16:45 | Report Abuse

Everybody know why MATRIX got much selling pressure?

Posted by Bratt > 2017-08-15 19:29 | Report Abuse

The smartest investor will always be the one who owns the company. So you see Dato Lee Tian Hock keeps buying his own stocks this and last week? Ask yourself why. :-)

Posted by DroidnPlay > 2017-08-16 08:36 | Report Abuse

Boss n staff buying their own shares, that shows they are confident in their biz, hope that ease your mind.

Posted by bowman > 2017-08-16 14:39 | Report Abuse

AGM today. what's interesting anyone?

Posted by azman > 2017-08-16 16:20 | Report Abuse

Matrix expects record high GDV on new launches

Sangeetha Amarthalingam

/

theedgemarkets.com


August 16, 2017 15:54 pm MYT

-A+A

KUALA LUMPUR (Aug 16): Matrix Concepts Holdings Bhd expects the total gross development value (GDV) of its ongoing projects for the current financial year ending March 31, 2018 (FY18) to hit a new record, surpassing FY17’s RM1.9 billion, on resilient demand for its new property launches.
 
The group saw strong demand for its property launches over the past six months and is on track to meet its target of RM1.4 billion worth of new launches in FY18, Matrix said in a statement.
 
The property developer’s new launches in FY18 are mainly made up of residential homes in Bandar Sri Sendayan, Negeri Sembilan, and Bandar Seri Impian in Kluang, Johor.
 
Group chairman Datuk Mohamad Haslah Mohamad Amin said along with the growing scale of its property development activities, it is constantly investing in strategic properties that enhance vibrancy of its townships.
 
“Such foresight has contributed to an average take-up rate of above 70% for our launches, underlining the vast appeal of our township.

“Complemented with positive buyer feedback, we are confident of achieving our new launch target of RM1.4 billion in FY18,” Mohamad Haslah said, after the group’s annual general meeting today.
 
Matrix also recently acquired 132 acres of land in Mukim Jimah, Port Dickson, next to its Bandar Sri Sendayan township, for RM57 million.
 
The purchase is expected to be completed in November 2017, and would increase Matrix’ land bank to 1,550 acres, which will last until 2027.
 
At the meeting, Matrix’ shareholders approved the 1-for-4 bonus issue that is expected to be completed at the end of 2017.
 
The exercise would see the issuance of up to 163.9 million new shares and up to 13 million additional warrants to existing warrant holders.
 
To date, total returns based on share price and dividend payments, exceed 160% since its public offer.
 
Mohamad Haslah said the bonus issue is the group’s third corporate exercise, in line with its growing business.
 
“The best is yet to come, as we aim to scale greater heights in achievements,” he added.

Subscribe to Editor's Pi

(AT TODAY'S AGM)

Posted by Patrick13 > 2017-08-16 17:12 | Report Abuse

Quite a lot ppl attend AGM today. Saw the blogger, Harry as well.
Nothing much to highlight, but got one proxy ask about IBS status, the board replied that IBS still in the progress and expected to make contribution in 2018, maybe only last quarter of FY2018 only will see the financial effect in the account if not mistaken.

Posted by Larrytrader > 2017-08-16 17:16 | Report Abuse

thank you Patrick

Posted by Larrytrader > 2017-08-16 17:17 | Report Abuse

1 for 4 or 4 for 1 bonus issue?

Posted by bowman > 2017-08-16 17:37 | Report Abuse

Thank you for sharing. It's one for every four held. At 2.65, it is still a bargain, considering the company's past track records and recent land acquisitions.

Posted by kcwong > 2017-08-17 08:55 | Report Abuse

Still got room for the price to increase till year end.
Ya, Blogger Harry is strong supporter of Matrix due to stable and good dividend payout.
Should raise soon before the bonus issues

Posted by Bratt > 2017-08-17 11:52 | Report Abuse

Let Dato Lee do his magic. He has never done so heavy shares buyback of Matrix before. He is confident. I like it. Let's support him.

Posted by gongkia > 2017-08-17 13:12 | Report Abuse

that is not shares buy back, he exercised his stock options, which is ripping us (shareholders) off.

750,000 at 2.34
408,331 at 2.08
209,998 at 1.83

Posted by kcwong > 2017-08-17 13:39 | Report Abuse

steady and stable stock, so fast raise above 2.70 again...

Posted by joekit > 2017-08-17 13:54 | Report Abuse

buy 4 free 1 is quite a good deal! directors also wanna rebut the bonus shares that's why exercise their esos? lol

Posted by Chess > 2017-08-17 14:49 | Report Abuse

Bonus issue is something like divide a big cake into smaller pieces. Nothing special with it. Their exercise price and number of shares in ESOS will be adjusted accordingly.

Posted by Aero1 > 2017-08-19 12:17 | Report Abuse

Unbilled sales set to go higher. Stay invested!
Melbourne property near completion. Profit will up.

Posted by Bratt > 2017-08-22 09:28 | Report Abuse

I guess Esos and bonus issue are activities which tells that internally they are very confident the share price will readjust to show greater value.

Posted by Stock Hunter > 2017-08-22 10:06 | Report Abuse

seem like there is someone keep lowering the price to 2.7 to enter

Posted by kitkat08 > 2017-08-22 10:46 | Report Abuse

Any idea what is the new conversion price of its warrants after the bonus? Its original conversion price was RM2.40

Posted by Chess > 2017-08-22 14:19 | Report Abuse

Should be RM 1.92. Number of warrant will increase as well.

Posted by Deskent > 2017-08-24 08:56 | Report Abuse

When is the ex date for the entitle?

Posted by nich0las > 2017-08-24 13:00 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5524177

Posted by nich0las > 2017-08-24 13:10 | Report Abuse

This Results still want to give bonus? No look good leh. http://imgur.com/a/bgawR

Posted by Patrick13 > 2017-08-24 14:03 | Report Abuse

Still a decent result. Not bad.

Posted by Chess > 2017-08-24 14:20 | Report Abuse

Yes. Result is still acceptable

Posted by Stock Hunter > 2017-08-24 14:37 | Report Abuse

selling pressure occur

Posted by Ste4dy15 > 2017-08-24 15:54 | Report Abuse

Why the revenue and profit do not increase as unbilled sale has increased a lot?

Posted by Stock Hunter > 2017-08-24 15:55 | Report Abuse

due to the slow completion of project

Posted by Chess > 2017-08-24 16:17 | Report Abuse

In the report, i didn't see they mention new sales amount. Last few quarters did mention.

Posted by Chong Jiunn Hau > 2017-08-24 17:16 | Report Abuse

Share price will boost up before the exdate for share bonus

Posted by Keat Soon Ong > 2017-08-24 17:29 | Report Abuse

Doesn't matter lah, eventually all unbilled sales will come in one. Some more have dividend.

Posted by DroidnPlay > 2017-08-24 22:42 | Report Abuse

Boss is a man of words, he said will achieve 1.4b in FY18, so have some faith guys. Plus the developments in progress, we just have to wait and while waiting, we could collect those sold by panic kaki afraid of slightly poor QoQ result.