Highlights
KLSE: MERCURY (8192)       MERCURY INDUSTRIES BHD MAIN : Construction
Last Price Today's Change   Day's Range   Trading Volume
0.725   0.00 (0.00%)  0.00 - 0.00  0
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Overview

Market Cap: 29 Million
NOSH: 40 Million
Avg Volume (4 weeks):1,264
4 Weeks Range:0.725 - 0.73
4 Weeks Price Volatility (%):
99.32%
52 Weeks Range:0.70 - 1.06
52 Weeks Price Volatility (%):
68.40%
Average Price Target:-

Financial Highlight

Latest Quarter | Ann. Date 30-Jun-2019 [#2]  |  28-Aug-2019
Next QR | Est. Ann. Date: 30-Sep-2019  |  22-Nov-2019
T4Q P/E | EY: 7.64  |  13.08%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 1.9054  |  0.38
T4Q NP Margin | ROE: 3.75%  |  4.98%

Headlines



No recent Headlines for this stock.


Business Background

Mercury Industries Bhd is a Malaysia based investment holding company. Through its subsidiary, the company is primarily engaged in the civil and building construction works. The business segments of the company are Manufacturing and retailing, Construction, and Investment holding. The company generates the majority of the revenue from the Construction segment. Construction segment includes civil and building construction works. Manufacturing and retailing segment include manufacturing and retailing of putty, hardener, underseal, paints and other related products. The group operates in Malaysia and internationally, from which it derives the key revenue from Malaysia.
Analyze this stock with MQ Trader system

  2 people like this.
 
Diamond7 once announce dividend...sure go up!
07/11/2017 2:45 AM
dompeilee Almost doubled my $$$! Sold another biji @ 2.47 :)
07/11/2017 10:10 AM
joe79 good for u dompeilee.. congrats..
07/11/2017 12:15 PM
dompeilee Thanks! I'm Q-ing to sell another lot @ 2.51 :)
07/11/2017 3:04 PM
dompeilee Done !
07/11/2017 3:22 PM
ktwoo88 Sold 2.5
07/11/2017 7:29 PM
pakmuda37 No one here know how high this can go. Dividend in making.
09/11/2017 12:47 PM
apolloang chase lah can up to 5.00
09/11/2017 12:47 PM
Nx350 Good news coming....
Take over rm2.50...
13/11/2017 1:15 AM
6182al Good for you Nx350 hope you are still holding good luck ha ha ha !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
13/11/2017 9:09 AM
Nx350 https://www.facebook.com/erkongseng/posts/1929447493970853
14/11/2017 1:15 AM
evelynyq Anyone can share what news cause share price drop so much?
16/11/2017 3:35 PM
Angel of KLSE 大马股仙 don't worry.the volume is small, meaning ikan bilis is selling, big shark not yet selling.
16/11/2017 3:51 PM
Angel of KLSE 大马股仙 next week big shark swallow up all ikan bilis
16/11/2017 3:52 PM
The_Reds agree...low volume only, retailers are selling due to bad market sentiment
16/11/2017 7:15 PM
Nx330 余先生你又在发表什麼垃圾
28/11/2017 2:21 PM
Nx330 Post removed. Why?
28/11/2017 2:22 PM
Nx330 這股被我打压了這么多天,还不够吗
28/11/2017 2:23 PM
GooShan haha good 1 Nx330
28/11/2017 2:24 PM
Nx330 你拿什麼資格來評估
28/11/2017 2:25 PM
GooShan 大师his ass, he also copy and paste
28/11/2017 2:26 PM
GooShan EPS X PE = Stock price

really laugh die me, buffet also laugh die ...
28/11/2017 3:00 PM
Nx320 Post removed. Why?
28/11/2017 5:57 PM
Nx320 你再叫买,我就再压
28/11/2017 5:58 PM
Diamond7 just wonder when they will announce share split n Bina!
16/12/2017 2:01 PM
Diamond7 bonus
16/12/2017 2:01 PM
The_Reds very low volume since falling from the peak, but it's on uptrend since last thursday, monitor for breakout in next few days
20/12/2017 9:48 PM
Angel of KLSE 大马股仙 faster up up up
21/12/2017 1:27 PM
Diamond7 Yes....faster...faster...declare bonus , share splits n dividend! Santa Claus....where are you?

warrants! Santa Claus.....
24/12/2017 1:30 PM
Diamond7 Mercury Directors...
Why no special dividend yet?
Got bonus and share split?
03/01/2018 9:52 AM
Diamond7 Wa....news coming?
keep going up!!!
10/01/2018 12:37 PM
Diamond7 Wa...RM2.08 already!
10/01/2018 1:56 PM
Diamond7 Wa...up 14 cents!
more to come!!!
10/01/2018 2:16 PM
The_Reds quietly moving up..must be good news coming
10/01/2018 3:08 PM
The_Reds 1st resistance at 2.19..if breakout then will move back 2.50
10/01/2018 3:10 PM
Diamond7 Wa.... excellent!
let's wait patiently for it to bloom!!!
10/01/2018 4:48 PM
Xiangjs Wow ... some big find coming to this counter .. they might know something before us
10/01/2018 5:57 PM
Angel of KLSE 大马股仙 don't run chicken!
10/01/2018 8:26 PM
Diamond7 My neck very long d! still no news of special dividend n bonus!
13/01/2018 6:21 PM
Diamond7 Mercury.....when are u releasing the quarterly results?
24/01/2018 4:33 PM
The_Reds next month..after cny
24/01/2018 7:27 PM
pakmuda37 Now wait for ' industrial and construction' wind? Resting so long already.
25/01/2018 11:08 AM
Angel of KLSE 大马股仙 result out, sifu please comment good or?
27/02/2018 8:32 PM
dompeilee dompeilee Almost doubled my $$$! Sold another biji @ 2.47 :)
07/11/2017 10:10


BOUGHT back some of the Mercury I sold above 2.30 last year @ 1.27-1.28 2day :))
26/03/2018 4:02 PM
Angel of KLSE 大马股仙 meaning mercury already bottom out!!!!
27/03/2018 6:27 PM
Angel of KLSE 大马股仙 seng aaahhhh!!!!
27/03/2018 6:28 PM
Diamond7 Any hot news?
17/07/2018 8:33 PM
Diamond7 Good news coming?
26/07/2018 4:37 PM
Diamond7 Suddenly so many buyers at 1.30!!!
26/07/2018 4:45 PM
commonsense Between FY10 to FY16, Mercury Industries has always been able to deliver a profit of between RM5mil to RM6mil annually backed by the current construction business (under Paramount Bounty) and the now disposed paint manufacturing business (under Silverlight Prospects). In general, both businesses would have contributed an almost similar amount of profit to the Group year on year.

In FY17, the company decided to focus more on its construction business and sold off Silverlight Prospects for a gain of disposal amounting to RM9mil. The decision to focus on construction was mainly due to the high prospects from big government projects. This backfire when the company fails to deliver any meaningful profit growth since the disposal and seems to be stuck in an industry that is now in a declining period (given the government decision to review, delay or cancel most of the big project under the previous administration).

For 9m18 the company had only managed to deliver a profit of RM1.8mil, which is less than half of 9m17 profit of RM3.8mil (excluding profit from discontinue business and gain on disposal). Assuming the company will end FY18 with RM2.5mil profit, at the current share price the company would be valued at 15.2x PE which is a bit high given that the average PE for construction companies are now below 10x.

If you are looking to diversify your portfolio outside of Mercury Industries (due to its weak earnings outlook and relatively high valuation), I would recommend you to look at MBMR.

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.9x PE (based on target FY18 profit of RM145mil. 9m profit is already RM106mil). PB is low at only 0.7x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17.

FY19 growth will be driven by the still high demand of the new Myvi and the newly launched SUV Aruz and also the newly revamp Alza in 2H19. The recent announcement of closure and potential disposal of the loss-making alloy wheel manufacturing business alone is expected to boost the company’s profit by an additional RM20mil. I am projecting a profit to shareholder of RM170 mil for FY19 which at the current price values MBMR at only 5.9x PE.

Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions. There are 8 analysts in total covering the stock with most of them having a TP of above RM3 (all have a buy rating). The average TP for the 8 analysts is around RM3.50.

Good luck.
05/02/2019 9:02 AM


 

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