KLSE (MYR): FAJAR (7047)
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Last Price
0.355
Today's Change
-0.005 (1.39%)
Day's Change
0.35 - 0.365
Trading Volume
693,400
With the latest award, the company's order book stands at RM1.23 billion, ensuring earnings visibility until 2027, said Fajarbaru in a separate statement.
"With a steady flow of projects and a positive outlook for the industry, Fajarbaru is well-positioned to meet the increasing demands of the market," said its executive chairman Tan Sri Chan Kong Choy.
2 months ago
Above 1.23 B may exlcude Tambun Medical projects , which could be considered as joint ventures
2 months ago
Stock analysts that are covering fajarbaru like from RHB need to do a write up in view of the range of the recent positive developments in Fajarbaru. Fajarbaru with having sold off assets in Australia for substantial cash and couple with securing two large projects is ripe for a stock rerating exercise to reflect its current improved valuations that should be reflected by higher stock price.
2 months ago
Its good for like minded value investors to instil confidence for investing in fajar or other investment grade companies. For sometimes investors can have doubts about their investment decisions and keep second guessing whether they made right decision or not.
2 months ago
@JalanTembok, I think u can write a better report lah, I bought 0128 many many years back, anaylsts started to write the reports 5 years after I bought the shares .. Frontken now is considered aTech Gem lor ...
2 months ago
@SKY2 agreed on the private equity funds but who is pressing it down to stop the uptrending?
2 months ago
Maybe some who borrowed scripts from "other channels " to sell below 40 sen earlier, by right they would have to buy back shares to return back some time later ..but continue to sell n block prices from going up to fast .
2 months ago
By right, fajarbaru's share price should have gone up upon the series of positive news. Yet its still languishing at around 0.42. It really takes the patience of a Saint to wait for its share price to rise in reflection of positive news flow.
2 months ago
There is still a month to go before Fajar's next quarterly financial reporting on 20th November. Really hope a good set of financial results will lift Fajar's share price to better reflects on its good fundamentals.
2 months ago
There is supposedly a media event schedule for 22nd October for discussions about the merits of investing in Fajar. This is a good thing for Fajar and should help to galvanise buying interest in Fajar. Also, a security firm suggest Fajar is on an uptrend with resistance at 0.43. If can break through, the first target price is 0.455.
2 months ago
Ya, Fajar fundamentals are getting better with more projects secured n would likely report better profits up to Year 2027. n Techincally after the recent sell down to 35.5sen, current price is above support SMA 9/50/180 n EMA 30 ..so considered strong. Any stock has to go through an "accumulation phase " before a big jump..For example , bankers collected property stocks way back in Sept 2023, then the actual bull run occurred ( 100% up ) in March 2024 or so....so patience is the name of the game. BTW, upcoming budget today may favour construction sector
2 months ago
Good to see good old Fajar breaking through the 0.43 resistance level. Now we should see it test the next resistance at 0.455. Very likely the investors/analysts media event also attended by representatives from Fajar will give a further boost to its share price which deserves to be much higher than currently. :)
2 months ago
@JalanTembok, tq for yr effort to promote Fajar to the potential investment groups..
2 months ago
Welcome, Sky2. Value investors should stick together and encourage ourselves. Offering sensible investing ideas such as to buy low for selling high. Investing is not as easy as it seems as there is a lot of psychology involved... mental games. We ourselves are often the worse enemy... investors must understand not to be carried away by fluctuating emotions and sentiments so as to chase speculative stocks or to sell them when market corrected.
2 months ago
Eagle coming in against headwind?
One step foward and one step backward... hope it will go higher before today's session is over.
2 months ago
Now stomach needs to take control from the mind to navigate through further retracement downward and wait for better days in the future.
1 month ago
something strange happened, Fajar closed at 0.38 cents on the 06 Dec but this morning when market open for trading at 9am, the last traded price was 0.37 ?? Can anyone explain?
1 week ago
27055825
back to 50 cents soon !!
2 months ago