FAJARBARU BUILDER GRP BHD
KLSE (MYR): FAJAR (7047)
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Last Price
0.51
Today's Change
0.00 (0.00%)
Day's Change
0.495 - 0.525
Trading Volume
14,618,000
Major Holders Breakdown
Current Holdings
Name
No. of Shares
Percentage
DATO TING HENG PENG
12,000
40.00%
DATO TING HENG PENG
12,000
40.00%
DATO TING HENG PENG
12,000
40.00%
Historical Transactions
| From | To | Type | No. of Shares | Min Price | Max Price |
|---|
Discussions
10 people like this. Showing 50 of 3,173 comments
May undergo the correction (if can't hold at 0.345) before surge up. Let's us wait and see on the next trading (the coming Monday). Closing price 0.345. POC : 0.335. Breakout 0.36, will be up.
2 months ago
25/3/24 - closing price 0.355. Hold well, above 0.345. No much selling pressure on top excepted 0.36, if breakout should be heading to 0.38 - 0.40.
2 months ago
Fajar is grossly undervalued. Expecting 50s. Analysts continue to be bullish on construction stocks.
2 months ago
Fajar poised to get more jobs from Penang LRT and the much awaited MRT 3!. At 35s, very cheap to pick up.
2 months ago
Fajar should be strong contender for Penang LRT coz they hv some substantial jobs there already. Keep an eye..
1 month ago
The Board of Directors of Fajarbaru Builder Group Bhd. (“FBG” or “the Company”) wishes to announce that its wholly-owned subsidiary, Fajarbaru Builder Sdn. Bhd. has on 24 April 2024 accepted a Letter of Award dated 22 April 2024 from WCT Construction Sdn. Bhd. (“WCTC”), an indirect subsidiary of WCT Holdings Berhad, in respect of the Main Building Works for Section 1 : Phase 1 (“Contract”) for the Proposed Two-Phase Development of 2 Blocks Serviced Apartment comprising of 8 Towers (2,048 units) and commercial lots (69 units) on PTB 24789 (HSD 604522), Mukim Bandar Johor Bahru, Johor Darul Takzim.
This announcement is dated 24 April 2024
1 month ago
Base on my BRIEF study on the latest QR3 2024 of FAJAR:
A: The company is improving its profitabilty.
B. Still sitting on accumulated profit of RM179,368,000 (80.9% of its share capital)
C: A nett cash company (RM 92,219,000)
D. Total assets > Total liabilities, Total current assets > Total current liabilities,
E: Project oderbook is sufficient as currently, the company order book stands at approximately RM1.10 billion for the continiuing operations and generating revenue for short term.
THE FINDINGS:
1. NTA 0.5631 sen (up from 0.523 sen)
2. NOSH 744.69 mil.
3. EQUITY
Share capital RM 221,534,000
Treasury shares (RM1,655,000)
Warrant reserves RM9,535,000
Other reserves RM1,110,000
Fair value reserves RM8,037,000
Foreign currency translation reserves (RM305,000)
Retained profits RM179,368,000
Equity attributable to owners
of the Company RM417,624,000
Non-controlling interests RM 17,055,000
TOTAL EQUITY RM 434,679,000
4. Cash and Cash Equivalent:
Fixed deposit with licensed banks RM 9,429,000
Cash and bank balances RM 82,790,000
Total RM 92,219,000
5. Assets:
Non-current Assets RM 197,803,000
Current Assets RM 410,999,000
TOTAL ASSETS RM 608,802,,000
6. Liabilities:
Current Liabilities RM 154,625,000
Non-current liabilities RM 19,498,000
TOTAL LIABILITIES RM 174,123,000
7. Last QR result- Revenue RM142,647,000
Gross profit RM 36,329,000
- Net profit RM 27,188,000
Note 1:
The Group recorded revenue of RM142.65 million and profit before tax of RM29.12 million in the current quarter, compared to revenue of RM46.66 million and profit before tax of RM3.30 million in the preceding year corresponding quarter. The higher revenue was mainly contributed by Property Development and Construction segments, whereas, the profit before tax was mainly attributed by the Property Development segment.
Note 2:
In the current quarter ended 31 March 2024, the Group posted a revenue of RM142.65 million and profit before tax of RM29.12 million, which is an increase of 13% and 19% respectively from the immediate preceding quarter ended 31 December 2023.
The increase in revenue and profit before tax for the current quarter were mainly due to higher work progress at Vierra Residence @Kinrara from the Property Development segment.
Note 3: Prospects
In March 2024, our Group's Construction segment successfully secured a contract from Tanjung Nakhoda (M) Sdn Bhd ("Tanjung Nakhoda") for the construction of Johor Golf & Country Club ("JGCC"), valued at RM120.82 million. In the same month, the Group also attained a Delivery Phase (Early Works) contract from the Australian
Department of Defence, valued at RM11.04 million. This recent achievement further bolsters our Group's involvement in the design and construct infrastructure project to redevelop military facilities at the Royal Malaysian Air Force (RMAF) Base Butterworth, Penang. Consequently, the cumulative value of contracts secured by the Group for the RMAF project now stands at RM23.34 million.
Currently, our order book stands at approximately RM1.10 billion, with RM117 million consists of internal development projects. We are actively pursuing new construction opportunities through tendering processes in both the private and government sectors, with a combined value of RM4.8 billion.
1 week ago
Penang Medical Hub project is next in line Hopefully announcement soon Definite agreement should be anytime now
1 week ago
uncle Kyy should come here la to promote this counter which meet his Golden Rule of Investing... "2 consequtive profitable QR".
After all..uncle Kyy is the genius in construction industry. By forward PEx=10x pon price should already 0.80. If uncle Kyy promote..than we could see it fly above 1.00 ..hehe
22 hours ago
Fajar performances based on its last three quarterly reports: All are uptrending!!!!
F.Year Quarter Revenue PBT N.Profit EPS Div NTA QoQ(%) YoY(%)
30.6.24 QR3 24 142,647K 29,123K 27,188K 3.67 0.50 0.563 UP42% UP1324%
30.6.24 QR2 24 126,793K 24,409K 19,193K 2.59 0.00 0.523 UP585% UP1177%
30.6.24 QR1 24 72,977K 3,391K 2,801K 0.38 0.50 0.499 UP114% UP42%
9 hours ago
MZM2511 ,Thanks for your homework and what is target Price?
How about your port filo performance return this few year?
7 hours ago
@Iwillbeback. I'm new here @ this counter. Feel interested lately after the company reported its stellar QR3 24.
Do some research and joined the counter....
7 hours ago
https://www.klsescreener.com/v2/charting/chart/7047
Look at its 10 years chart...
I'm not a chartist, but we can study and monitor the chart to set own plan @ this counter. TAYOR
6 hours ago
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27055825
engine baru start, Mayban investment bank started coverage on Fajar today. Other broking firms will follow soon. BUY !!
2 months ago