Posted by smart88 > Jan 20, 2020 12:58 PM | Report Abuse

so how? fly or down?

Posted by share4u888 > Jan 20, 2020 1:55 PM | Report Abuse

This coming qtr report eps will surpass 3sen. Then price will move north

Posted by brendonyeap > Jan 20, 2020 3:08 PM | Report Abuse

Buy as much as possible, one more news coming soon.

Posted by smart88 > Jan 20, 2020 4:18 PM | Report Abuse

but the price cannot break 1.40

Posted by dlau8899 > Jan 21, 2020 12:02 AM | Report Abuse

https://www.orientaldaily.com.my/news/business/2020/01/20/323533

Posted by dlau8899 > Jan 21, 2020 12:02 AM | Report Abuse

Going up 1.40 again

Posted by ALexz21 > Jan 21, 2020 11:24 AM | Report Abuse

== impossible 1.40. waiting 1.2 to buy in

Posted by share4u888 > Jan 21, 2020 1:41 PM | Report Abuse

0.99 buy in

Posted by dlau8899 > Jan 22, 2020 5:27 PM | Report Abuse

Going up 1.40

Posted by joyvest > Jan 23, 2020 8:54 AM | Report Abuse

what the hell is going on ?

Posted by PaulNewman > Jan 23, 2020 1:56 PM | Report Abuse

Kerjaya has just announced two big contract wins early in the year. Yet, share price is only up few cents.

The market is pricing Kerjaya like a zero growth stock.

If Kerjaya orderbook exceeded last year’s, the market has to wake up.

Most importantly, E&O will launch its maiden project in STP2 in the second half of the year.

Kerjaya management holds a collectively 28% stake in E&O.

Kerjaya is a proxy to the growth of STP2 without the exposure to the huge debt and capital required for land reclaimation.

Posted by brendonyeap > Jan 23, 2020 6:26 PM | Report Abuse

Gotten another rm 45 mil project STP2 from E & O today.

Posted by share4u888 > Jan 24, 2020 6:50 AM | Report Abuse

.more contract coming soon.
GSB new property development worth 800mil
E&O second bridge worth RM200mil
E&O The Peak Residence condominium worth RM278mil.
E&O maiden condominium at seri tanjung penang STP 2A. Valie unknown yet.

All these are sure contract as thry are related aprty transaction. Added up the contract value, the orderbook will grow to 5bil.
This not yet counted on other customer project like BBCC etc and government infrastructure project. Remember Kerjaya has set up a new division to actively tender for government infrastructure project such as ecrl where tender result will be available real soon.

At orderbook 5bil above, and with successfully tap into government infrastructure project, analysts will rerating Kerjaya and the share price will worth above RM2

Posted by share4u888 > Jan 24, 2020 6:51 AM | Report Abuse

Buy now when construction sector is still at bottom. Gamuda as the sector leader is already moves, and the rest will move real soon too

Posted by brendonyeap > Jan 24, 2020 11:52 AM | Report Abuse

Yes I agree with you.

Posted by PaulNewman > Jan 30, 2020 4:46 AM | Report Abuse

Kerjaya is the most efficient construction company in Malaysia

While most construction companies make 5-7% net profit margin, Kerjaya commands a big fat 12-13% net profit margin that is twice its competitors.

Most analyst report highlighted Kerjaya Prospek's superior margin but they did not explore this subject deeper.

The reason why Kerjaya is able to command superior margin is because of the early adoption of Industrialized Building System where it had invested more than RM 100m into Mivan construction technology which was fully depreciated.

This IBS technology is an important competitive advantage for Kerjaya Prospek because it allows;

a) Faster construction speed where it takes only 7-10 days to build each level as compared to 14 days using the traditional method

b) Reduced labour force requirement by at least 30%

While IBS construction method is not a trade secret, competitors who are late to the game would have to sacrifice their margin by purchasing IBS building materials that are 5 to 10% more expensive than conventional building materials.

Thus, it is hard to compete with Kerjaya in terms of cost and speed of construction.

If a competitor uses the traditional building method, they will have higher cost and longer construction lead time. If a competitor tries to match Kerjaya in terms of construction speed using IBS, they have to sacrifice their margin even more.

This is a sweet competitive advantage to have.

Posted by brendonyeap > Jan 30, 2020 7:07 AM | Report Abuse

Thanks Paul for the info. Really an eye opener.

Posted by share4u888 > Jan 30, 2020 9:45 PM | Report Abuse

GSB share consolidation completed. Next is private placement. Once private placement is completed then a 900mil contract on Shah Alam area will be awarded to Kerjaya. Stay tune

Posted by RainT > Feb 1, 2020 1:04 PM | Report Abuse

good sharing

Posted by RainT > Feb 1, 2020 1:05 PM | Report Abuse

KERJAYA is construct property for property company

also have construct infrastructure but lesser

u got to see and study which area is KERJAYA at

dont simply link the construction sector now weak to KERJAYA

Construction sector is build highway, train, government projects this is weak

Posted by share4u888 > Feb 2, 2020 5:42 PM | Report Abuse

As far as i am aware, GSB coming launch project and E&O second bridge going to awarded to Kerjaya soon.

Posted by PaulNewman > Feb 2, 2020 9:35 PM | Report Abuse

If you look at Kerjaya's revenue in the last four years, it definitely does not qualify as a growth stock. For the market to appraise this stock better, the orderbook has to grow substantially higher than the internal target of RM 1.2 billion at a consistent/year after year pace.

In my opinion, it is quite myopic to purchase Kerjaya shares on the prospect of few project wins. What the market wants is a company that can grow its orderbook substantially than the "guaranteed" RM 1 billion orderbook that the company could replenish each year.

How to achieve such growth rate?

Management has guided that they will not venture overseas. Besides, starting a construction company ground up in neighbour countries is not cheap and easy. Thus, Kerjaya business will most likely be limited in Malaysia only.

Will Kerjaya venture into different construction segment such as rail construction? Unlikely. Since the company has no expertise/competitive advantage in fulfilling such projects.

The future of Kerjaya will hinge largely on how well STP2A performs. If STP2A sold well, I believe Kerjaya could see at least low double digit growth in its order book on top of the customary RM 1 billion orderbook replenishment.

Posted by RainT > Feb 2, 2020 11:58 PM | Report Abuse

so KERJAYA area of competence is within Penang only , lol

Posted by RainT > Feb 2, 2020 11:58 PM | Report Abuse

other than E&O contract work

anyone know what is KERJAYA other work?

Posted by smart88 > Feb 11, 2020 5:27 PM | Report Abuse

No energy

Posted by Stocks88 > Feb 14, 2020 9:27 PM | Report Abuse

Huge impacts caused by COVID-19 ,... China fund definitely back to China... kerjaya can last due to zero debt huge amount of cash.... However. In .. Unpredictable future on development.... no money how to buy property....We should...study...Who buy property of e&o and others developments subcontractor by kerjaya if depending by oversea buyer.... Wish luck....

Posted by Uranium > Mar 10, 2020 8:38 PM | Report Abuse

just manage to had some kfc

Posted by Uranium > Mar 18, 2020 11:17 AM | Report Abuse

burp..................

Posted by Uranium > Mar 19, 2020 2:24 PM | Report Abuse

burp....................................................

Posted by Uranium > Mar 20, 2020 11:17 AM | Report Abuse

burp.................................................................................................

Posted by Uranium > Mar 24, 2020 1:21 PM | Report Abuse

burp burp......................................................................................................................................

Posted by Uranium > Mar 25, 2020 12:54 PM | Report Abuse

burp burp burp

Posted by Stocks88 > Mar 26, 2020 2:48 PM | Report Abuse

Datuk Tee continue to buy back ?

Posted by Stocks88 > Mar 27, 2020 4:45 PM | Report Abuse

250B economic enforcement.

Posted by Stocks88 > Mar 27, 2020 4:46 PM | Report Abuse

Up....Up ...up

Posted by RainT > Apr 2, 2020 12:09 AM | Report Abuse

this one still can buy ke??

Posted by RainT > Apr 2, 2020 11:06 AM | Report Abuse

queue to buy

Posted by Employee > Apr 2, 2020 4:11 PM | Report Abuse

Buyyy

Posted by Pudica > Apr 2, 2020 5:28 PM | Report Abuse

slowly fall in love with this Kerjaya

Posted by Pudica > Apr 2, 2020 5:29 PM | Report Abuse

accumulate as much as possible before price back to 1

Posted by Stocks88 > Apr 2, 2020 9:47 PM | Report Abuse

Economic recession...Over priced property ....Soon burst out....

Posted by Pudica > Apr 3, 2020 9:24 AM | Report Abuse

Overpriced property? Which project overprice?

Posted by Lucky81 > Apr 9, 2020 11:56 AM | Report Abuse

Wb only worth 0.05¢.

Posted by Lucky81 > Apr 9, 2020 11:57 AM | Report Abuse

really overpriced and not a growth stock, will plummet soon.

Posted by Lucky81 > Apr 9, 2020 12:03 PM | Report Abuse

why up?

Posted by Hawk Eye > Apr 9, 2020 12:05 PM | Report Abuse

it will touch 1.04 la..???

Posted by Lucky81 > Apr 9, 2020 12:12 PM | Report Abuse

sure bo? later kena trap.

Posted by Lucky81 > Apr 9, 2020 12:13 PM | Report Abuse

low volume.

Posted by Lucky81 > Apr 9, 2020 12:15 PM | Report Abuse

currently all project stagnant.

Posted by Lucky81 > Apr 9, 2020 12:16 PM | Report Abuse

will drop soon to collect.