Stock Price Target

Recent Price Targets: [Sign In or Register (FREE) to view]
Last Price Avg Target Price   Upside/Downside Price Call
0.685 1.05     +0.365 (53.28%)
* Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months.
** Price Targets are adjusted for Bonus Issue, Shares Split & Shares Consolidation (where applicable).
Date Open Price Target Price Upside/Downside Price Call Source News
13/03/2018 0.84 1.15 +0.31 (36.90%) BUY HLG Price Target News
28/02/2018 0.915 1.05 +0.135 (14.75%) BUY Malacca Securities Price Target News
28/02/2018 0.915 1.15 +0.235 (25.68%) BUY HLG Price Target News
10/01/2018 0.975 0.95 -0.025 (2.56%) HOLD Malacca Securities Price Target News
29/11/2017 0.78 1.00 +0.22 (28.21%) BUY Malacca Securities Price Target News
29/11/2017 0.78 0.94 +0.16 (20.51%) BUY KENANGA Price Target News
29/11/2017 0.78 0.96 +0.18 (23.08%) BUY HLG Price Target News
20/10/2017 0.92 0.96 +0.04 (4.35%) HOLD HLG Price Target News
16/10/2017 0.955 1.40 +0.445 (46.60%) BUY Malacca Securities Price Target News
16/10/2017 0.955 0.96 +0.005 (0.52%) HOLD HLG Price Target News

Price Target Research Article/News (past 6 months)
13/03/2018  HLG Mitrajaya Holdings - Fixes Rights Price
28/02/2018  Malacca Securities Mitrajaya-Holdings-Bhd - Onward To A Recovery
28/02/2018  HLG Mitrajaya Holdings - Weaker but no surprises
10/01/2018  Malacca Securities Mplus Market Pulse - 10 Jan 2018
29/11/2017  Malacca Securities Mplus Market Pulse - 29 Nov 2017
29/11/2017  KENANGA Mitrajaya Holdings Bhd - 9M17 Within Expectations
29/11/2017  HLG Mitrajaya Holdings - Seeing a Quarterly Improvement
20/10/2017  HLG Mitrajaya Holdings - Putting more in the bag
16/10/2017  Malacca Securities Mplus Market Pulse - 16 Oct 2017
16/10/2017  HLG Mitrajaya Holdings - Undertaking rights issue

  16 people like this.
Darren Chin i would say, this mitra is really SUCK!!!
28/02/2018 11:46
tzerteoh Be patient, after right issues reflected, will be stable
01/03/2018 08:34
ITreeinvestor when is the right issue date?
01/03/2018 13:25
cjlim TNB shortlists 15 developers for Bangsar land, say sources
TheEdge Mon, Feb 26, 2018 - 1 hour ago

PETALING JAYA (Feb 24): Tenaga Nasional Bhd (TNB) has shortlisted 15 companies to develop its 3.8-acre parcel at Bangsar and has given them a briefing on the project, reported The Edge weekly citing sources.

However, this list is understood to not be final, as the state-run power company is looking at adding more candidates — up to a further five, with firms in the running including Malaysian Resources Corp Bhd (MRCB), IJM Corp Bhd, Muhibbah Engineering (M) Bhd, Mitrajaya Holdings Bhd, Chase Perdana Bhd, Sunway Construction Group Bhd, Zelan Bhd, WCT Holdings Bhd and China State Construction Engineering Corp.

The Bangsar development is understood to be a mixed-use project comprising a 45-storey corporate tower, a 57-storey building with serviced residences and a hotel, and a 2-storey commercial component.

The parcel of land is located near KL Eco City, between Jalan Pantai Baru in the north and the Federal Highway in the south, with the size of the land described as 3.8 acres in an agreement signed by TNB and Bayu Mantap Sdn Bhd in June 2016.

Bayu Mantap is controlled by developer Melati Ehsan Holdings Bhd’s largest shareholder Tan Sri Yap Suan Chee and his family. Yap holds a 50.01% stake in the listed company.

While the main project has not been awarded yet, the smaller jobs within the development have already been awarded.

For instance, MRCB has secured a RM40 million contract to build a Balai Islam and staff quarters under the first phase of the TNB headquarters campus development at Jalan Bangsar.

Other parties involved in the development of the site are Turner Construction Company, which is serving as project manager.

Notably, it is also managing Permodalan Nasional Bhd’s PNB118, a high-rise building of over 600m that, upon its completion, will be the tallest building in Southeast Asia.

Meanwhile, international architecture firm Woods Bagot has also been drafted into the project.

It is also involved with the designing of TNB’s new corporate headquarters and is expected to deliver a new campus workplace.
04/03/2018 17:08
cjlim February 5, 2018 12:15 pm JST
INTERVIEW: Malaysia Mitrajaya Aims To Secure MYR1.2 Bln New Orders This Year-Finance Chief

By Gho Chee Yuan
Nikkei Markets
KUALA LUMPUR (Feb 05) -- Mitrajaya Holdings, a Malaysian construction and property firm, is aiming to secure 1.2 billion ringgit ($310 million) worth of new orders in 2018 as the Southeast Asia's third largest economy undertakes massive projects to boost infrastructure, its chief financial officer said.

The company is currently bidding for domestic contracts worth 3.3 billion ringgit, Cho Wai Ling told Nikkei Markets. Mitrajaya Holdings secured 1 billion ringgit worth of contracts in 2017 and the construction sector's outlook remains positive with more projects rolling out, she said.

"We are looking at East Coast Rail Line and our construction arm is successful in the pre-qualification evaluation," she said. However, crimped with a shortage of skilled manpower and weighed under higher labor cost, "we expect construction margin to reduce and (we will) mitigate (that) by increasing revenue," she said.

Malaysia is embarking on a slew of infrastructure projects, including expansion of the mass rapid transit network and new constructions ranging from airports to expressways. The East Coast Rail Line alone is expected to cost about 55 billion ringgit.

Malaysia had earlier appointed China Communications Construction Company as the main contractor for the 688-kilometer rail track that runs from Port Klang, Malaysia's main sea port, to Pengkalan Kubor bordering Thailand.

For 2017, Mitrajaya's revenue is likely to top 1 billion ringgit, although pre-tax profit could be lower due to cost overrun at one of its projects, Cho said. Mitrajaya has outstanding orders totaling 1.79 billion ringgit that will keep the company busy until 2021, she said.

"(The) property division is expected to contribute higher revenue and profit especially from Wangsa 9 project," driven by the unbilled sales of 207.4 million ringgit, which could be booked until 2019, she said. This year, Mitrajaya plans to launch property projects worth 318 million ringgit, Cho said.

New launches planned for 2018 include Block A of Wangsa 9 Residency in the first quarter with estimated gross development value of 300 million ringgit and a 24 unit shop-houses in the southern state of Johor worth 18 million ringgit, she added.

Shares of Mitrajaya, which have shed 20.5% over the past 12-months, are currently trading 0.5% lower at 0.96 ringgit apiece.
- By Gho Chee Yuan;
11/03/2018 12:14
dunspace Just did my stock check, so surprised there are still selling pressure, 4Q already expected to be bad?
11/03/2018 14:18
nich0las Mitra Right Issue
12/03/2018 19:23
cy91 59 cents cheaper than expected?
12/03/2018 20:38
nich0las So any idea? Sell, buy or hold?
12/03/2018 21:26
Alex Lim Anyone can share the procedure how to subscribe right issue?
13/03/2018 06:02
tzerteoh i also want to know how to subscribe the right issue. Thank you
13/03/2018 08:12
tzerteoh if i buy some MITRA shares before ex-date (22 Mar 2018). still eligible to subscribe Right Issues?
13/03/2018 08:15
xcuteboy Anyone could explain how much right issue by mitra? 1 to 5?
13/03/2018 08:15
xcuteboy rights issue of up to 157,433,598 new ordinary shares in Mitrajaya Holdings Berhad ("MHB") ("MHB" Share(s)") or ("Share(s)") ("Rights Share(s)") at an issue price of RM0.59 per Rights Share, on the basis of one (1) Rights Share for every five (5) existing MHB Shares held as at 5.00 P.M. on 26 March 2018, together with up to 78,716,799 free detachable warrants ("Warrant(s) E") and an attached Bonus Issue of up to 78,716,799 new MHB Shares ("Bonus Share(s)") on the basis of one (1) Warrant E and one (1) Bonus Share for every two (2) Rights Shares subscribed.
13/03/2018 08:16
tzerteoh @xcuteboy, u can subscribe 1 right share with RM0.59 price for every 5 shares u have now
13/03/2018 08:17
smartly rights issue 1:5
ex on 22/3
13/03/2018 09:28
smartly Date for commencement of trading of rights 27 Mar 2018
Date for cessation of trading of rights 03 Apr 2018
13/03/2018 09:34
smartly if subscribe the rights you get warrant E
13/03/2018 09:36
imoogi99 For every 2 rights share you subscribe u get 1 Warrent E and 1 bonus shares as well.
13/03/2018 10:06
tzerteoh yup, share price will be diluted
13/03/2018 10:45
cy91 dunno about u all, but i am going all in...
13/03/2018 16:22
Lapu Hi may I know where n how to subscribe?
13/03/2018 21:15
dunspace it's a good idea to subscribe, people are throwing because of the general bad sentiment surrounding right issues. The company has good future prospects now, i just hope that there will be no cost overrun this year..
14/03/2018 08:52
terencechuah Ex date the price maybe will be adjusted accordingly.
14/03/2018 17:10
shernlee this stock has been undervalued ages with the nta 1.09 so buy in more before it boom up
15/03/2018 11:21
JamesPond shernlee..after rights, the nta should go down to approximately 0.75 to 0.77
15/03/2018 15:53
Gold1818 How much is the conversion from rights to mother later?
20/03/2018 07:53
tzerteoh today is last day to entitle to trade right issues right? A lot of uncertainties, GE is coming soon, wonder should I continue top up or not
21/03/2018 13:35
duenchan Entitlement 26 march
21/03/2018 15:47
tzerteoh Ex-date is 22nd March
21/03/2018 16:15
terencechuah I already sold all my share recently. Scared that Ex date prices maybe adjusted accordingly.
21/03/2018 19:30
AlfI3 Hi Terence, u sold all ur mother shares w losses or profits? If u cut loss, then got no hope to get hold of recovery via d rights issue xcercise. Shud think thoroughly
21/03/2018 21:14
terencechuah Just making profit, holding for many years. Earlier having rights and given bonuses and warrant.
21/03/2018 21:29
terencechuah Wishes everybody good luck and hope that this counter can goes up for those who still holding this good counter
21/03/2018 21:35
cjlim Assuming Mr Tan still holding 40% Mitra share. How much money take out for him to buy Right Share?
21/03/2018 22:05
Malatlou When can we subscribe the share? 28 wait for their mail to reach?
22/03/2018 10:05
Malatlou I mean right issue
22/03/2018 10:06
alexsee yesterday closed 0.78, why today open at 0.69?? price not yet adjust right?
22/03/2018 11:15
reiki6 price is been adjusted!
22/03/2018 12:15
tzerteoh price is adjusted, now pending to subscribe right issue
22/03/2018 12:37
bananajerk anyone can advice how does the system calculate the adjustment? why it became 0.69?
22/03/2018 17:59
duenchan Mitts as adjustment 16.8:100, what doeit mean?
22/03/2018 19:22
Sonyleong What happen if i dont subscribe the right issue.. Am i still entitled to get anything??
22/03/2018 22:22
JayC if you do not want to subscribe. you can sell the right share in the open market
22/03/2018 23:17
Sonyleong @JayC How to sell ?
23/03/2018 09:15
tzerteoh my personal view is the director purposely press down the price, so that we all force to subscribe the right issue to average down the cost per share when the rights are released to market next week.
23/03/2018 10:40
alexsee anyone received letter of subscription ?? i havent receive until now.. how to subscrice??
23/03/2018 12:37
JamesPond @@sonyleong, rights trading commence on 27 March. Sell just like you would normally sell your shares lor!!!

@@tzerteoh, strange view you have?? To encourage minority to subscribe for RI, I would imagine the Directors would push up the price. If they press down minority scared to subscribe. My take is that some shareholders wish to subscribe but may not have the funds. So sell some of their shares, then use proceeds to subscribe.
23/03/2018 13:44
WaAdaLui Just close eye buy saja la. So cheap
23/03/2018 13:51
Loh Boon Sen The reasonable price should be at least 0.70 right now. The rights price should be more than 10 cents. 0.10 + 0.59 = 0.69... Dirt cheap...after subscribed 0.80...that mean discounted 10 cents.. Wow..
23/03/2018 14:47

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