Highlights
KLSE: MERGE (5006)       MERGE ENERGY BHD MAIN : Construction
Last Price Today's Change   Day's Range   Trading Volume
1.23   0.00 (0.00%)  1.20 - 1.23  21,000
Analyze this stock with MQ Trader system

Financials


Market Cap: 82 Million

Market Cap 82 Million
NOSH 67 Million

Latest Audited Result:  31-Mar-2017

Latest Audited Result: 31-Mar-2017
Announcement Date 28-Jul-2017
Next Audited Result: 31-Mar-2018
Est. Ann. Date: 28-Jul-2018
Est. Ann. Due Date: 27-Sep-2018

Latest Quarter:  30-Sep-2018 [#2]

Latest Quarter: 30-Sep-2018 [#2]
Announcement Date 29-Nov-2018
Next Quarter: 31-Dec-2018
Est. Ann. Date: 27-Feb-2019
Est. Ann. Due Date: 01-Mar-2019
QoQ | YoY   -220.82%  |    -137.78%

Annual (Unaudited) ( EPS: -15.09, P/E: -8.14 )

Revenue | NP to SH 24,560  |  -10,108
RPS | P/RPS 36.66 Cent  |  3.35
EPS | P/E | EY -15.09 Cent  |  -8.14  |  -12.28%
DPS | DY | Payout % 0.00 Cent  |  0.00%  |  - %
NAPS | P/NAPS 0.76  |  1.62
YoY   -723.18%
NP Margin | ROE -41.84%  |  -19.85%
F.Y. | Ann. Date 31-Mar-2018  |  22-May-2018

T4Q Result ( EPS: -14.97, P/E: -8.21 )

Revenue | NP to SH 36,816  |  -10,031
RPS | P/RPS 54.95 Cent  |  2.24
EPS | P/E | EY -14.97 Cent  |  -8.21  |  -12.19%
DPS | DY | Payout % 0.00 Cent  |  0.00%  |  - %
NAPS | P/NAPS 0.76  |  1.62
QoQ | YoY   -9.34%  |    -770.75%
NP Margin | ROE -26.34%  |  -19.70%
F.Y. | Ann. Date 30-Sep-2018  |  29-Nov-2018

Annualized Result ( EPS: -5.78, P/E: -21.23 )

Revenue | NP to SH 47,338  |  -3,878
RPS | P/RPS 70.65 Cent  |  1.74
EPS | P/E | EY -5.78 Cent  |  -21.23  |  -4.71%
DPS | DY | Payout % -
NAPS | P/NAPS -
QoQ | YoY   -110.30%  |    3.87%
NP Margin | ROE -7.32%  |  -7.62%
F.Y. | Ann. Date 30-Sep-2018  |  29-Nov-2018


Hints :
Click the QoQ or YoY on table to view the QoQ or YoY Financial Result page.

Click here to modify the Visible Columns.

Date Financial Result Financial Ratio Per Share Item Performance Valuation (End of Quarter) Valuation (Ann. Date)
F.Y. Ann. Date Quarter # Revenue PBT NP NP to SH Div Net Worth Div Payout % NP Margin ROE NOSH RPS Adj. RPS EPS Adj. EPS DPS Adj. DPS NAPS Adj. NAPS QoQ YoY EOQ Date EOQ Price EOQ P/RPS EOQ P/EPS EOQ P/NAPS EOQ EY EOQ DY ANN Date ANN Price ANN P/RPS ANN P/EPS ANN P/NAPS ANN EY ANN DY
31-Mar-2019 26-Feb-2019 31-Dec-2018 3 14,466 -438 -444 -471 - 48,240 - % -3.07% -0.98% 67,000 21.59 21.59 -0.70 -0.70 0.00 0.00 0.7200 0.72   68.15%   72.55% 31-Dec-2018 0.885 4.10 -125.89 1.23 -0.79% 0.00% 26-Feb-2019 1.07 4.96 -152.21 1.49 -0.66% 0.00%
31-Mar-2019 29-Nov-2018 30-Sep-2018 2 14,585 -1,511 -1,528 -1,479 - 50,919 - % -10.48% -2.90% 67,000 21.77 21.77 -2.21 -2.21 0.00 0.00 0.7600 0.76   -220.82%   -137.78% 28-Sep-2018 0.34 1.56 -15.40 0.45 -6.49% 0.00% 29-Nov-2018 0.875 4.02 -39.64 1.15 -2.52% 0.00%
31-Mar-2019 28-Aug-2018 30-Jun-2018 1 9,084 -194 -206 -461 - 50,250 - % -2.27% -0.92% 67,000 13.56 13.56 -0.69 -0.69 0.00 0.00 0.7500 0.75   92.77%   66.95% 29-Jun-2018 0.265 1.95 -38.51 0.35 -2.60% 0.00% 28-Aug-2018 0.285 2.10 -41.42 0.38 -2.41% 0.00%
31-Mar-2018 22-May-2018 31-Mar-2018 4 6,338 -6,399 -6,305 -6,375 - 50,919 - % -99.48% -12.52% 67,000 9.46 9.46 -9.51 -9.51 0.00 0.00 0.7600 0.76   -271.50%   -749.19% 30-Mar-2018 0.285 3.01 -3.00 0.38 -33.39% 0.00% 22-May-2018 0.27 2.85 -2.84 0.36 -35.24% 0.00%
31-Mar-2018 27-Feb-2018 31-Dec-2017 3 6,809 -1,695 -1,660 -1,716 - 56,950 - % -24.38% -3.01% 67,000 10.16 10.16 -2.56 -2.56 0.00 0.00 0.8500 0.85   -175.88%   -853.33% 29-Dec-2017 0.34 3.35 -13.28 0.40 -7.53% 0.00% 27-Feb-2018 0.33 3.25 -12.88 0.39 -7.76% 0.00%
31-Mar-2018 21-Nov-2017 30-Sep-2017 2 5,314 -701 -704 -622 - 58,959 - % -13.25% -1.05% 67,000 7.93 7.93 -0.93 -0.93 0.00 0.00 0.8800 0.88   55.41%   -191.34% 29-Sep-2017 0.355 4.48 -38.24 0.40 -2.62% 0.00% 21-Nov-2017 0.375 4.73 -40.39 0.43 -2.48% 0.00%
31-Mar-2018 22-Aug-2017 30-Jun-2017 1 6,099 -1,607 -1,608 -1,395 - 59,629 - % -26.36% -2.34% 67,000 9.10 9.10 -2.08 -2.08 0.00 0.00 0.8900 0.89   -242.06%   -1,103.60% 30-Jun-2017 0.465 5.11 -22.33 0.52 -4.48% 0.00% 22-Aug-2017 0.45 4.94 -21.61 0.51 -4.63% 0.00%
31-Mar-2017 24-May-2017 31-Mar-2017 4 16,399 1,567 942 982 - 60,970 - % 5.74% 1.61% 67,000 24.48 24.48 1.47 1.47 0.00 0.00 0.9100 0.91   645.56%   163.93% 31-Mar-2017 0.32 1.31 21.83 0.35 4.58% 0.00% 24-May-2017 0.355 1.45 24.22 0.39 4.13% 0.00%
31-Mar-2017 21-Feb-2017 31-Dec-2016 3 17,969 41 -107 -180 - 59,629 - % -0.60% -0.30% 67,000 26.82 26.82 -0.27 -0.27 0.00 0.00 0.8900 0.89   -126.43%   - % 30-Dec-2016 0.34 1.27 -126.56 0.38 -0.79% 0.00% 21-Feb-2017 0.315 1.17 -117.25 0.35 -0.85% 0.00%
31-Mar-2017 22-Nov-2016 30-Sep-2016 2 25,860 856 732 681 - 60,299 - % 2.83% 1.13% 67,000 38.60 38.60 1.02 1.02 0.00 0.00 0.9000 0.90   389.93%   - % 30-Sep-2016 0.24 0.62 23.61 0.27 4.24% 0.00% 22-Nov-2016 0.31 0.80 30.50 0.34 3.28% 0.00%
31-Mar-2017 23-Aug-2016 30-Jun-2016 1 27,269 231 118 139 - 59,629 - % 0.43% 0.23% 67,000 40.70 40.70 0.21 0.21 0.00 0.00 0.8900 0.89   109.05%   - % 30-Jun-2016 0.275 0.68 132.55 0.31 0.75% 0.00% 23-Aug-2016 0.29 0.71 139.78 0.33 0.72% 0.00%
31-Mar-2016 26-May-2016 31-Mar-2016 4 23,315 -844 -1,791 -1,536 - 59,629 - % -7.68% -2.58% 67,000 34.80 34.80 -2.29 -2.29 0.00 0.00 0.8900 0.89   -340.00%   - % 31-Mar-2016 0.375 1.08 -16.36 0.42 -6.11% 0.00% 26-May-2016 0.315 0.91 -13.74 0.35 -7.28% 0.00%
31-Mar-2016 22-Mar-2016 31-Jan-2016 20,828 1,152 697 640 - 60,970 - % 3.35% 1.05% 67,000 31.09 31.09 0.96 0.96 0.00 0.00 0.9100 0.91   - %   -76.47% 29-Jan-2016 0.395 1.27 41.35 0.43 2.42% 0.00% 22-Mar-2016 0.365 1.17 38.21 0.40 2.62% 0.00%
31-Mar-2016 31-Dec-2015 3 - - - - - - - % - % - % 67,000 - - - - - - - -   - %   - % 31-Dec-2015 0.38 0.00 0.00 0.00 0.00% 0.00% 0.00 0.00 0.00 0.00 0.00% 0.00%
31-Mar-2016 10-Dec-2015 31-Oct-2015 30,999 1,115 507 274 - 60,299 - % 1.64% 0.45% 67,000 46.27 46.27 0.41 0.41 0.00 0.00 0.9000 0.90   - %   136.34% 30-Oct-2015 0.37 0.80 90.47 0.41 1.11% 0.00% 10-Dec-2015 0.395 0.85 96.59 0.44 1.04% 0.00%
31-Mar-2016 30-Sep-2015 2 - - - - - - - % - % - % 67,000 - - - - - - - -   - %   - % 30-Sep-2015 0.355 0.00 0.00 0.00 0.00% 0.00% 0.00 0.00 0.00 0.00 0.00% 0.00%
31-Jan-2016 15-Sep-2015 31-Jul-2015 2 15,860 925 802 929 - 59,629 - % 5.06% 1.56% 67,000 23.67 23.67 1.39 1.39 0.00 0.00 0.8900 0.89   - %   311.06% 31-Jul-2015 0.37 1.56 26.68 0.42 3.75% 0.00% 15-Sep-2015 0.36 1.52 25.96 0.40 3.85% 0.00%
31-Mar-2016 30-Jun-2015 1 - - - - - - - % - % - % 67,000 - - - - - - - -   - %   - % 30-Jun-2015 0.37 0.00 0.00 0.00 0.00% 0.00% 0.00 0.00 0.00 0.00 0.00% 0.00%
31-Jan-2016 27-May-2015 30-Apr-2015 1 27,246 1,840 1,705 1,020 - 58,959 - % 6.26% 1.73% 67,000 40.67 40.67 1.52 1.52 0.00 0.00 0.8800 0.88   - %   1,940.00% 30-Apr-2015 0.415 1.02 27.26 0.47 3.67% 0.00% 27-May-2015 0.38 0.93 24.96 0.43 4.01% 0.00%
31-Mar-2015 31-Mar-2015 - - - - - 58,290 - % - % - % 67,000 - - - - - - 0.8700 0.87   - %   - % 31-Mar-2015 0.375 0.00 0.00 0.43 0.00% 0.00% 0.00 0.00 0.00 0.00 0.00% 0.00%
31-Jan-2015 24-Mar-2015 31-Jan-2015 20,083 3,405 2,932 2,720 - 58,290 - % 14.60% 4.67% 67,000 29.97 29.97 4.06 4.06 0.00 0.00 0.8700 0.87   460.74%   18.31% 30-Jan-2015 0.35 1.17 8.62 0.40 11.60% 0.00% 24-Mar-2015 0.36 1.20 8.87 0.41 11.28% 0.00%
31-Jan-2015 18-Dec-2014 31-Oct-2014 18,919 -592 -756 -754 - 55,609 - % -4.00% -1.36% 67,000 28.24 28.24 -1.13 -1.13 0.00 0.00 0.8300 0.83   -433.63%   -230.22% 31-Oct-2014 0.43 1.52 -38.21 0.52 -2.62% 0.00% 18-Dec-2014 0.40 1.42 -35.54 0.48 -2.81% 0.00%
31-Jan-2015 25-Sep-2014 31-Jul-2014 2 36,084 144 49 226 - 56,279 - % 0.14% 0.40% 67,000 53.86 53.86 0.34 0.34 0.00 0.00 0.8400 0.84   352.00%   -27.56% 31-Jul-2014 0.56 1.04 166.02 0.67 0.60% 0.00% 25-Sep-2014 0.54 1.00 160.09 0.64 0.62% 0.00%
31-Jan-2015 28-May-2014 30-Apr-2014 1 17,420 409 285 50 - 55,609 - % 1.64% 0.09% 67,000 26.00 26.00 0.07 0.07 0.00 0.00 0.8300 0.83   -97.83%   -91.69% 30-Apr-2014 0.625 2.40 837.50 0.75 0.12% 0.00% 28-May-2014 0.52 2.00 696.80 0.63 0.14% 0.00%
31-Jan-2014 20-Mar-2014 31-Jan-2014 4 47,937 3,738 2,232 2,299 - 55,609 - % 4.66% 4.13% 67,000 71.55 71.55 3.43 3.43 0.00 0.00 0.8300 0.83   297.06%   -14.76% 30-Jan-2014 0.385 0.54 11.22 0.46 8.91% 0.00% 20-Mar-2014 0.56 0.78 16.32 0.67 6.13% 0.00%
31-Jan-2014 17-Dec-2013 31-Oct-2013 3 27,496 1,022 812 579 - 53,600 - % 2.95% 1.08% 67,000 41.04 41.04 0.86 0.86 0.00 0.00 0.8000 0.80   85.58%   152.84% 31-Oct-2013 0.36 0.88 41.66 0.45 2.40% 0.00% 17-Dec-2013 0.345 0.84 39.92 0.43 2.50% 0.00%
31-Jan-2014 19-Sep-2013 31-Jul-2013 2 28,096 436 414 312 - 52,930 - % 1.47% 0.59% 67,000 41.93 41.93 0.47 0.47 0.00 0.00 0.7900 0.79   -48.17%   -43.38% 31-Jul-2013 0.40 0.95 85.90 0.51 1.16% 0.00% 19-Sep-2013 0.38 0.91 81.60 0.48 1.23% 0.00%
31-Jan-2014 30-May-2013 30-Apr-2013 1 18,525 465 441 602 - 52,930 - % 2.38% 1.14% 67,000 27.65 27.65 0.90 0.90 0.00 0.00 0.7900 0.79   -77.68%   478.85% 30-Apr-2013 0.35 1.27 38.95 0.44 2.57% 0.00% 30-May-2013 0.49 1.77 54.53 0.62 1.83% 0.00%
31-Jan-2013 20-Mar-2013 31-Jan-2013 4 21,228 3,044 2,697 2,697 - 52,262 - % 12.70% 5.16% 67,002 31.68 31.68 4.03 4.03 0.00 0.00 0.7800 0.78   1,077.73%   18.65% 31-Jan-2013 0.405 1.28 10.06 0.52 9.94% 0.00% 20-Mar-2013 0.36 1.14 8.94 0.46 11.18% 0.00%
31-Jan-2013 13-Dec-2012 31-Oct-2012 3 20,078 233 229 229 - 49,841 - % 1.14% 0.46% 67,352 29.81 29.97 0.34 0.34 0.00 0.00 0.7400 0.74   -58.44%   2.69% 31-Oct-2012 0.35 1.17 102.94 0.47 0.97% 0.00% 13-Dec-2012 0.35 1.17 102.94 0.47 0.97% 0.00%
31-Jan-2013 20-Sep-2012 31-Jul-2012 2 24,431 603 551 551 - 49,052 - % 2.26% 1.12% 67,195 36.36 36.46 0.82 0.82 0.00 0.00 0.7300 0.73   429.81%   170.10% 31-Jul-2012 0.29 0.80 35.37 0.40 2.83% 0.00% 20-Sep-2012 0.31 0.85 37.80 0.42 2.65% 0.00%
31-Jan-2013 30-May-2012 30-Apr-2012 1 70,362 415 104 104 - 46,800 - % 0.15% 0.22% 65,000 108.25 105.02 0.16 0.16 0.00 0.00 0.7200 0.70   -95.42%   -57.20% 30-Apr-2012 0.28 0.26 175.00 0.39 0.57% 0.00% 30-May-2012 0.28 0.26 175.00 0.39 0.57% 0.00%
31-Jan-2012 08-May-2012 31-Jan-2012 4 15,318 2,507 2,273 2,273 - 48,175 - % 14.84% 4.72% 66,910 22.89 22.86 3.39 3.39 0.00 0.00 0.7200 0.72   919.28%   888.26% 31-Jan-2012 0.29 1.27 8.54 0.40 11.71% 0.00% 08-May-2012 0.28 1.22 8.24 0.39 12.13% 0.00%
31-Jan-2012 09-Dec-2011 31-Oct-2011 3 59,607 323 223 223 - 46,627 - % 0.37% 0.48% 67,575 88.21 88.97 0.33 0.33 0.00 0.00 0.6900 0.70   9.31%   25.99% 31-Oct-2011 0.23 0.26 69.70 0.33 1.43% 0.00% 09-Dec-2011 0.23 0.26 69.70 0.33 1.43% 0.00%
31-Jan-2012 21-Sep-2011 31-Jul-2011 2 25,575 452 204 204 - 46,919 - % 0.80% 0.43% 67,999 37.61 38.17 0.30 0.30 0.00 0.00 0.6900 0.70   -16.05%   -16.05% 29-Jul-2011 0.30 0.80 100.00 0.43 1.00% 0.00% 21-Sep-2011 0.25 0.66 83.33 0.36 1.20% 0.00%
31-Jan-2012 30-May-2011 30-Apr-2011 1 9,043 230 243 243 - 45,899 - % 2.69% 0.53% 67,499 13.40 13.50 0.36 0.36 0.00 0.00 0.6800 0.69   5.65%   -37.69% 29-Apr-2011 0.315 2.35 87.50 0.46 1.14% 0.00% 30-May-2011 0.30 2.24 83.33 0.44 1.20% 0.00%
31-Jan-2011 23-Mar-2011 31-Jan-2011 4 20,320 400 230 230 - 45,795 - % 1.13% 0.50% 67,346 30.17 30.33 0.34 0.34 0.00 0.00 0.6800 0.68   29.94%   103.38% 31-Jan-2011 0.335 1.11 98.09 0.49 1.02% 0.00% 23-Mar-2011 0.32 1.06 93.70 0.47 1.07% 0.00%
31-Jan-2011 13-Dec-2010 31-Oct-2010 3 9,386 148 177 177 - 46,292 - % 1.89% 0.38% 68,076 13.79 14.01 0.26 0.26 0.00 0.00 0.6800 0.69   -27.16%   -87.54% 29-Oct-2010 0.25 1.81 96.15 0.37 1.04% 0.00% 13-Dec-2010 0.32 2.32 123.08 0.47 0.81% 0.00%
31-Jan-2011 27-Sep-2010 31-Jul-2010 2 7,340 253 243 243 - 45,224 - % 3.31% 0.54% 67,499 10.87 10.96 0.36 0.36 0.00 0.00 0.6700 0.68   -37.69%   -79.32% 30-Jul-2010 0.35 3.22 97.22 0.52 1.03% 0.00% 27-Sep-2010 0.46 4.23 127.78 0.69 0.78% 0.00%
31-Jan-2011 25-May-2010 30-Apr-2010 1 5,031 403 390 390 - 45,051 - % 7.75% 0.87% 67,241 7.48 7.51 0.58 0.58 0.00 0.00 0.6700 0.67   105.72%   -20.57% 30-Apr-2010 0.41 5.48 70.69 0.61 1.41% 0.00% 25-May-2010 0.41 5.48 70.69 0.61 1.41% 0.00%

PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.


NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.

Div Payout %, NP Margin, ROE, DY, QoQ Δ & YoY Δ figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.

All figures in '000 unless specified.


Trade this stock and receive a FREE I3investor T-shirt after 5 trades. Find out more.
  Be the first to like this.
 
Pak Abu Aikkk...moving UP...what story??
05/11/2018 10:31 AM
cicakman Buy.
07/11/2018 2:03 PM
Pak Abu Rocket soon!!
09/11/2018 2:57 PM
Jomkaya4 tp 0.99sen
09/11/2018 3:16 PM
apolloang beware this pump and dump stock if u buy a lot.maybe a few lots can but if hentam sure down
09/11/2018 3:18 PM
cicakman No news is good news.
News is good too.
Chart is no news.
Insider news is much difference news.
Synd news is difference too.
12/11/2018 9:54 AM
Johnmajor Something nice is going on......
19/11/2018 10:13 AM
tronx No buyer?
19/11/2018 3:25 PM
MrRightTiming Can start looking back in case breakout from RM0.895, then can test new high
26/11/2018 1:39 PM
MrRightTiming Told you guys, jom go up towards a new high
26/11/2018 6:23 PM
MrRightTiming https://onestockcentre.com/
26/11/2018 6:23 PM
Huat1 Breakout and make new high with high volume. High probability of going HIGHER
26/11/2018 8:03 PM
pang72 Holly shit!!
The mother of all stock!!
26/11/2018 8:05 PM
alenac all sold.
27/11/2018 10:57 AM
Syndicates takeover
29/11/2018 11:37 AM
Syndicates buy! downside at 88 sen
29/11/2018 11:42 AM
yming Not much margin . Why buy .. sifu?
29/11/2018 11:51 AM
Johnmajor Going up soon
29/11/2018 12:08 PM
Syndicates for speculation
29/11/2018 12:09 PM
Solehajb1989 Sykt rugi lagi nak takeover jadi mcm (pasdec) lepas tu tak jadi
30/11/2018 10:37 AM
Johnmajor I think they will park the construction work for the development project of the new major shareholders' listed company under Merge. With this, i believe there are hope the company will have more stable earnings, hence price appreciation.
02/12/2018 2:39 PM
cicakman It is moving up very fast when most counter down.
26/02/2019 5:37 PM
davidkkw79 Do u dare to enter in ?
26/02/2019 5:53 PM
martinbartesque Latest earning result announced on today has loss.
26/02/2019 9:49 PM
davidkkw79 Seem like no people notice this counter.... :)
01/03/2019 1:11 PM
thesteward Next week watch
01/03/2019 10:47 PM
Yu_and_Mee overheat like dayang, when pull back sure pull back serious
04/03/2019 2:00 PM
davidkkw79 MirageHotelPD, such as what good new ? Bonus shares ? New projects awarded??
04/03/2019 5:41 PM
davidkkw79 Sound valid man.
05/03/2019 7:44 AM
davidkkw79 Time to enter in ?
06/03/2019 2:55 PM
commonsense This is a pure speculative stock. The company initially receive a takeover offer of 88 sens per share back in Nov 2018. Which is why the share price jumped from less than 30 sens in mid-September to around the 88 sens when the offer announcement was made.

End Dec, Kaf Investment acting as an advisor for the company, had advice shareholders to reject the offer because it deemed it as unfair and unreasonable. The advisor puts Merge value at around RM1.10 per share.

End Feb the share price suddenly jumped to around the advisor valuation of RM1.10. But then jumped again to yesterday peak of RM1.40. Those that bought above the RM1.10 level must believe that a new offer will be made at above Kaf Investment valuation. Hopefully they are right.

If you are looking to hedge your portfolio outside of Merge (due to its speculative nature) I would recommend you to look at MBMR. (https://klse.i3investor.com/servlets/stk/pt/5983.jsp)

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.1x PE based on FY18 profit of RM166mil. PB is low at only 0.7x BV.

FY19 should deliver another profit growth year to the company. Profit growth will again be driven by the performance of Perodua (via MBMR 22.6% holdings in Perodua) from the still strong sales of new Myvi, sales of SUV Aruz and the introduction of the newly revamp Alza sometime in the 2H19. Aruz which commands a higher margin compared to other models, will help improve the total profit margin of Perodua (which will flow to MBMR’s bottom line as well).

MBMR is expected to achieve a profit of RM200mil in 2019. At the current share price, the company is being valued at only 5.0x which is a lot lower than the industry average of 15x PE. As an example, UMW (another company with exposure to Perodua) is currently trading at a PE multiple of almost 20x.

Good luck.
06/03/2019 3:19 PM
MirageHotelPD Sometime share market don't follow common sense but it rather follow the creditability of the new take over owners. Keep going..cheers
01/04/2019 3:21 PM
davidkkw79 Wow...MirageHotelPD, u still holding this counter...
02/04/2019 10:13 AM
MirageHotelPD davidkkw79, told you I trusted this group of new owner. If they can come out with good plan. Who knows I will still hold
02/04/2019 3:07 PM
MirageHotelPD I has been keeping Matrix share from same boss since 2014 also. Good dividend and price growth. I expecting the same from this counter
02/04/2019 3:09 PM
MirageHotelPD Davidkkw79, I like good manage company, whether the quality of business or human management. You can see from my comment on both Sunway and Sunway WB.
02/04/2019 3:13 PM
davidkkw79 MirageHotelPD really is a intelligence investor.
02/04/2019 5:22 PM
MirageHotelPD Maybe luck is equally important
03/04/2019 8:50 AM
davidkkw79 New boards came in, they really can make change or bring in more business to company ?
03/04/2019 8:25 PM
davidkkw79 Or RTO gonna happened soon ?
03/04/2019 8:27 PM
MirageHotelPD New boards do have private profitable companies that could inject in. They are genuine businessmen and I believe they do have something in the pipeline. otherwise, there is no reason why they neeed to take over Merge. esp a losing money company
04/04/2019 12:21 AM
davidkkw79 If these new owner came in really can make change to company. Then I start to understand why it's price will keep continuously up trend. Cause those shareholders are those believer as MirageHotelPD has faith in boards. They will keep tight of their shares. And those speculators hard to buy in as well, cause it's outstanding shares is too limited, they hard to speculate it and lack of historical price chart to analyse the support level should be.
04/04/2019 9:33 AM
MirageHotelPD Ya, basically most speculators come in and go. Normally make 10-20% and leave happily. Then they find hard to enter again since pricing keep surging. I believe market actual float is 15% or less now. Balance are those who trusted new management and wanted to tie the faith with them. So, if the new management can't come out with new good and acceptable plan and business strategic that convince new investors. Then, no one willing to invest again.
04/04/2019 2:49 PM
MirageHotelPD Type of business and esp type of bosses is very important. If you Long for company own by good managed, fair bosses, reasonable good dividend growth and off course business hard to replace. Then, invest in that company for Long will be paid off. If Merge can't convince you since business venture not clear. Another company I like is Sunway and its WB.
05/04/2019 11:07 AM
Johnmajor Is coming....
06/04/2019 12:54 PM
martinbartesque it is 1.75 now. Seems quite high risk to buy it. For those bought it at lower price, congratulation to u all :)
16/04/2019 5:02 PM
davidkkw79 Yupe, when it was 89 sen, people say is risky. When it was 1.40, then people say it risky also....
Now at 1.75, people will still keep on saying it is risky.... = =
16/04/2019 6:54 PM
MirageHotelPD haha martin, glad to see you here also. Perhaps I'm born risk taker. Since I choose to trust the new owners like I trusted Sunway bosses. I'll continue to tie my fate with them...
17/04/2019 12:00 PM
ShareValue Hi commonsense, your analysis for car industry share value in market, it very accurate. I will look into MBMR share. I really appreciate share if your experience and analysis with us.
25/04/2019 8:46 PM
martinbartesque I just bought back it on yesterday. Dropped from 1.80 to below 1.40 on yesterday, should be worth to bet on it.
15/05/2019 9:58 AM