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| KLSE: PTARAS (9598) | PINTARAS JAYA BHD | MAIN : Construction |
| Last Price | Today's Change | Day's Range | Trading Volume |
| 2.49 |  -0.01 (0.40%) | 2.49 - 2.49 | 15,000 |
Financials
Market Cap: 414 Million
| Latest Audited Result: 30-Jun-2018
| Latest Quarter: 31-Dec-2018 [#2]
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Annual (Unaudited) ( EPS: 9.10, P/E: 27.44 )
| T4Q Result ( EPS: 8.73, P/E: 28.60 )
| Annualized Result ( EPS: 6.00, P/E: 41.74 )
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Business Performance
Business Performance (By Quarter)
| Trailing 4 Quarters | Trailing 8 Quarters | |||
|---|---|---|---|---|
| Available Quarters | 4 Quarters | 8 Quarters | ||
| Continuous Quarters Of Revenue Growth | 2 / 4 | 50.00% | 2 / 8 | 25.00% |
| Total Positive Profit Years | 4 / 4 | 100.00% | 8 / 8 | 100.00% |
| Continuous Quarters Of Positive Profit | 4 / 4 | 100.00% | 8 / 8 | 100.00% |
| Continuous Quarters Of Profit Growth | 0 / 4 | 0.00% | 0 / 8 | 0.00% |
| Continuous Quarters Of Adjusted EPS Growth | 0 / 4 | 0.00% | 0 / 8 | 0.00% |
| Total Dividend Years | 2 / 4 | 50.00% | 4 / 8 | 50.00% |
| Continuous Quarters Of Dividend | 0 / 4 | 0.00% | 0 / 8 | 0.00% |
| Continuous Quarters Of Dividend Growth | 0 / 4 | 0.00% | 0 / 8 | 0.00% |
| Continuous Quarters Of Adjusted Dps Growth | 0 / 4 | 0.00% | 0 / 8 | 0.00% |
| Average ROE | 1.12% | 1.19% | ||
| Average Net Profit Margin | 11.20% | 12.88% | ||
Business Performance (By Year)
| Last 5 Financial Years | Last 10 Financial Years | |||
|---|---|---|---|---|
| Available Years | 5 Years | 10 Years | ||
| Continuous Years Of Revenue Growth | 0 / 5 | 0.00% | 0 / 10 | 0.00% |
| Total Positive Profit Years | 5 / 5 | 100.00% | 10 / 10 | 100.00% |
| Continuous Years Of Positive Profit | 5 / 5 | 100.00% | 10 / 10 | 100.00% |
| Continuous Years Of Profit Growth | 0 / 5 | 0.00% | 0 / 10 | 0.00% |
| Continuous Years Of Adjusted EPS Growth | 0 / 5 | 0.00% | 0 / 10 | 0.00% |
| Total Dividend Years | 5 / 5 | 100.00% | 10 / 10 | 100.00% |
| Continuous Years Of Dividend | 5 / 5 | 100.00% | 10 / 10 | 100.00% |
| Continuous Years Of Dividend Growth | 5 / 5 | 100.00% | 9 / 10 | 90.00% |
| Continuous Years Of Adjusted Dps Growth | 5 / 5 | 100.00% | 9 / 10 | 90.00% |
| Average ROE | 10.70% | 12.38% | ||
| Average Net Profit Margin | 19.13% | 20.44% | ||
Key Result
Key Result
| T4Q | Annualized | Annual (Unaudited) | Last 10 FY Average | Last 5 FY Average | |
|---|---|---|---|---|---|
| Revenue | 179,303 | 253,688 | 95,912 | 159,140 | 174,285 |
| NP to SH | 14,485 | 9,926 | 15,099 | 33,716 | 35,058 |
| Dividend | 33,031 | - | 33,045 | 22,282 | 30,301 |
| Adjusted EPS | 8.73 | 6.00 | 9.10 | 20.26 | 21.07 |
| Adjusted DPS | 20.00 | 0.00 | 19.92 | 13.39 | 18.21 |
NP to SH = Net Profit Attributable to Shareholder, EPS = Earning Per Share, DPS = Dividend Per Share
All figures in '000 unless specified.
EPS & DPS's figures in Cent.
Growth
Growth (By Quarter)
| LQ QoQ | LQ YoY | CQ YoY | LQ vs Average of T4Q | LQ vs Average of T8Q | |
|---|---|---|---|---|---|
| Revenue | 128.43% | 263.43% | 191.91% | 96.81% | 137.65% |
| NP to Owner | -22.75% | 18.78% | -11.01% | -40.27% | -45.56% |
| Dividend | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Adj. EPS | -22.75% | 18.78% | -11.01% | -40.27% | -45.56% |
| Adj. DPS | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LQ = Latest Quarter, CQ = Cumulative Quarter, T4Q = Trailing 4 Quarters, T8Q = Trailing 8 Quarters, QoQ = Quarter on Quarter, YoY = Year on Year
Growth (By Year)
| T4Q vs LFY | T4Q vs AL5FY | T4Q vs AL10FY | AQR vs LFY | AQR vs AL5FY | AQR vs AL10FY | LFY YoY | LFY vs AL5FY | LFY vs AL10FY | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 86.95% | 2.88% | 12.67% | 164.50% | 45.56% | 59.41% | -50.49% | -44.97% | -39.73% |
| NP to Owner | -4.07% | -58.68% | -57.04% | -34.26% | -71.69% | -70.56% | -58.34% | -56.93% | -55.22% |
| Dividend | -0.04% | 9.01% | 48.24% | - % | - % | - % | 0.74% | 9.06% | 48.30% |
| Adj. EPS | -4.02% | -58.66% | -57.02% | -34.26% | -71.69% | -70.56% | -58.34% | -56.93% | -55.22% |
| Adj. DPS | 0.70% | 9.82% | 49.34% | - % | - % | - % | 0.74% | 9.06% | 48.30% |
T4Q = Trailing 4 Quarters, T8Q = Trailing 8 Quarters, AL5FY = Average of Last 5 Financial Years, AL10FY = Average of Last 10 Financial Years, LFY = Latest Financial Year AQR = Annualized Quarter Result, YoY = Year on Year
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 2017ks see as I had told you b4 prepare to hold for some time first b4 think of making profit fast with this counter 12/04/2017 5:09 PM XXXvalue hello hello why this forum so quiet??? Already breakout 4 and 8s div also still not happy? 09/06/2017 10:07 AM Rica7894 Pintaras: Benefit From Big Construction Wave & Appealing dividend yields. -Strong Balance Sheet.- As at 30 June 2017, it had liquid assets (86% cash and 14% portfolio investment ) worth a total of MYR 208.5m or MYR1.27/share. Its net cash of RM179m or RM1.09/share ( c.28% of its current market cap ) should support net DPS of 20 sen (net yield of 5.2%). -Appealing dividend yields. DPS of 20 sen was declared in FY17. Given the current low yielding environment, Pintaras stands out as an excellent dividend play with annual dividend yield of 5.2%. -Potential shortage of piling industry capacity.- Order book stands at RM50m as at 31 Aug 2017. Although the outstanding order book is low at RM50m, Pintaras has a good chance to win contracts with its readily available capacity, given the potential shortage of piling industry capacity. The management will be able to secure more new contracts from its current high tender book of RM1.2bn, which includes works for LRT Line 3 and Bandar Malaysia projects. Property developers are focusing on high-density mixed development projects, which require more piling works. Hence, Pintaras will benefit from higher demand for bore piling services in 2H. 21/09/2017 9:09 AM  michael_jackson waiting for my next dividend payment on 12/01/2018....wow, 20 sen total amount of dividend this year same like last year....very very happy.....as long they keep paying me a good dividend every year, i shall add some more in my stock.......malaysia boleh!!! 21/09/2017 6:04 PM 3101575000 Pintaras bags RM20.4 mil pilework project. Hopefully some project to be announced........ 24/10/2017 9:21 PM 3101575000 Hopefully: more and more project secure to be announced 加油! 加油........... 24/10/2017 9:24 PM 3101575000 Maybe someone needed cash for urgent use, so just thrown! At last recovered ..ha ha ha 30/10/2017 5:45 PM  Sami_Value They screwed up on 118, need Bauer to be called in to help their package. That is the RUMOR I heard. One screwed up, people will forever remember. 02/07/2018 9:50 PM jibbie what happened to ptaras? anyone still holding? i used to think this was a good company a few years ago 12/07/2018 7:19 PM Y2016 Ptaras is still a good company just that their business prospects will not as good as previous years 16/07/2018 10:45 PM jibbie maybe ptaras will start to go up with the recovery of construction counters 20/07/2018 7:32 PM  James Ng https://klse.i3investor.com/blogs/general/167525.jsp [转贴] [PINTARAS JAYA BHD，建筑业务的近期前景难以预测，房地产开发商不愿意颁发项目] - James的股票投资James Share Investing 31/07/2018 7:54 AM KenaTipu_ If 61 years BN govn can change finally why a good ctr cannot turn bad? jibbie what happened to ptaras? anyone still holding? i used to think this was a good company a few years ago 12/07/2018 19:19 04/10/2018 9:53 PM md1961 https://www.theedgemarkets.com/article/pintaras-jaya-sees-earnings-rebound Rebound? 24/10/2018 9:43 AM commonsense Excluding the one-off gains on disposals and the fair value loss on financial assets, 1Q19 result would have actually been a lot lower than the reported RM2.8mil profit (core profit would have been around RM500k). Investors are worried that the margins compression seen in 1Q19 will stay for the foreseeable future given the challenging market for piling services at the moment. Other piling companies like Econpile and Ikhmas Jaya also recorded lower profit margins in their recent quarterly result. With a depleting orderbook of only RM300mil (potentially can last until end of FY20) the company will be desperate in getting new contracts to replenish its orderbooks. The negative outlook of the construction industry (due to government decision to review, delay or cancel big projects) and property industries (developers are scaling back on new launches) might make it challenging for Pintaras Jaya to asked for higher margins when submitting their tenders given that there will be a lot more contractors eyeing for a smaller pie of any future projects. Near future earnings will mainly derive from the Singapore market (via their newly acquired Pintary International which has 70% of the orderbook value). However, it is still not sure what will the margins be for the Singaporean market. Full quarter contribution can only be seen in the 2Q19. If the company managed to achieve a Pat of RM10mil for FY19 (assuming the Singapore business managed to deliver a higher profit margin), at the current share price, Pintaras Jaya would still be valued at 38x PE which is very high for a company with limited orderbooks, declining profit margins and operating in the construction industry which is currently trading at an average of below 10x PE. If you are looking to diversify your portfolio outside of Pintaras Jaya (due to its relatively high valuation and weak earnings outlook), 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. 04/02/2019 5:22 PM chongyh84 Pintaras' foray into Spore is starting to pay off. If it weren't for RM7.8mil in FV loss in investments, the net profit for the 2Q19 quarter would have been at least RM9mil... 23/02/2019 9:52 AM scotthong PTARAS (9598) March 23, 2019 | HONG WEI GIET Technical Analysis =========== - PTARAS completed double top reversal on Aug 129 2018. (Duration: 1079 Trading Days / 3 years). It will have a great impact on shares price movement. - It reduced from peak with 48.10% since July 06, 2017. - There are 2 huge transaction volume on June 09, 2017 (High Volume-1) and April 04, 2018 (Hi More:- https://www.fundamental-technical-analysis.com/malaysia/author/HONG-WEI-GIET 23/03/2019 5:57 PM cefiro22 A total of 121 infrastructure projects worth more than RM13.9bil nationwide, which were offered directly and through limited tender by the previous administration, will go forward following cost renegotiation by the Pakatan Harapan government, says Finance Minister Lim Guan Eng Read more at https://www.thestar.com.my/news/nation/2019/03/31/121-projects-worth-almost-rm14bil-to-go-on-after-renegotiation-says-guan-eng/#jtjO1q8C6uSJiGgu.99 So, Piling Companies like Pintaras will be the first to benefit, so let's see the next few quarterly results before we take action to dump the shares now at rock-bottom prices. 31/03/2019 6:44 PM  Heavenly PUNTER Research IB This one way too expensive look at Econpile! Much cheaper valuation! Much more potential too! 01/04/2019 10:30 PM cefiro22 TQ..for the update...positive news making it harder to collect this stock now with more positive upside. 05/04/2019 9:57 AM cefiro22 Waiting for price to retract,never happened... no choice bought at higher prices today. 26/04/2019 11:38 AM cefiro22 11:45:33 AM 2.610 17,400 Seller.....I wish I could ask him why he decided to gobble up the seller in one go! 26/04/2019 12:31 PM  |
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