Highlights
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
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Financials


Market Cap: 414 Million

Market Cap 414 Million
NOSH 166 Million

Latest Audited Result:  30-Jun-2018

Latest Audited Result: 30-Jun-2018
Announcement Date 25-Sep-2018
Next Audited Result: 30-Jun-2019
Est. Ann. Date: 25-Sep-2019
Est. Ann. Due Date: 27-Dec-2019

Latest Quarter:  31-Dec-2018 [#2]

Latest Quarter: 31-Dec-2018 [#2]
Announcement Date 22-Feb-2019
Next Quarter: 31-Mar-2019
Est. Ann. Date: 25-May-2019
Est. Ann. Due Date: 30-May-2019
QoQ | YoY   -22.75%  |    18.78%

Annual (Unaudited) ( EPS: 9.10, P/E: 27.44 )

Revenue | NP to SH 95,912  |  15,099
RPS | P/RPS 57.83 Cent  |  4.32
EPS | P/E | EY 9.10 Cent  |  27.44  |  3.64%
DPS | DY | Payout % 19.92 Cent  |  8.00%  |  218.86%
NAPS | P/NAPS 1.95  |  1.28
YoY   -58.34%
NP Margin | ROE 15.74%  |  4.66%
F.Y. | Ann. Date 30-Jun-2018  |  28-Aug-2018

T4Q Result ( EPS: 8.73, P/E: 28.60 )

Revenue | NP to SH 179,303  |  14,485
RPS | P/RPS 108.10 Cent  |  2.31
EPS | P/E | EY 8.73 Cent  |  28.60  |  3.50%
DPS | DY | Payout % 20.00 Cent  |  8.03%  |  228.04%
NAPS | P/NAPS 1.80  |  1.38
QoQ | YoY   2.42%  |    -16.28%
NP Margin | ROE 8.08%  |  4.85%
F.Y. | Ann. Date 31-Dec-2018  |  22-Feb-2019

Annualized Result ( EPS: 6.00, P/E: 41.74 )

Revenue | NP to SH 253,688  |  9,926
RPS | P/RPS 152.95 Cent  |  1.63
EPS | P/E | EY 6.00 Cent  |  41.74  |  2.40%
DPS | DY | Payout % -
NAPS | P/NAPS -
QoQ | YoY   -11.38%  |    -11.01%
NP Margin | ROE 3.91%  |  3.32%
F.Y. | Ann. Date 31-Dec-2018  |  22-Feb-2019



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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  8 people like this.
 
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
jibbie econpile and ikhmas jaya both went up. wonder when is ptaras turn?
04/05/2017 1:15 PM
kai8994 Finally breakout from 3.80!?
17/05/2017 2:06 PM
XXXvalue wow.. what is the reason?
25/05/2017 6:24 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
sysz820 What happend with PTARAS?
12/09/2017 1:51 PM
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
dayang_suri me also....waiting for my dividend...
21/09/2017 11:34 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
sysz820 Pintaras look forward future return
24/10/2017 11:48 PM
sysz820 Any one know what happend with pintaras?
Suddenly drop 0.50
30/10/2017 3:15 PM
kfoong81 No idea, could have bought in some
30/10/2017 5:41 PM
3101575000 Maybe someone needed cash for urgent use, so just thrown! At last recovered ..ha ha ha
30/10/2017 5:45 PM
KiaSu When is the QR result release?
21/11/2017 8:51 AM
3101575000 before end of Nov.,2017
21/11/2017 9:16 PM
shareinvestor88 today results. net cash 200m
24/11/2017 11:38 PM
sysz820 Anyone know when ptaras will give dividen?
20/12/2017 4:10 PM
3101575000 ex date 26-12-2017
20/12/2017 5:53 PM
3101575000 payment date 12-1-2018 (12 cts)
20/12/2017 5:55 PM
sysz820 Hi all,any comment for the latest qr report?
27/02/2018 7:15 PM
Y2016 Buy more
27/02/2018 8:26 PM
LATO' SELI Can anobody share, why this counter keep dropping
12/04/2018 10:39 AM
Y2016 Getting much more difficult to secure new jobs nowaday
02/07/2018 8:48 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
sysz820 Receive deviden,thank you
16/07/2018 9:41 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
4444 QOQ profit drop 53%.
29/08/2018 4:28 AM
4444 DPS>EPS will make QR worse next QR.
29/08/2018 4:29 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
Y2016 Pintaras is still a good company
18/10/2018 8:04 PM
BlackWhite Where got so many pilling work now
19/10/2018 6:05 PM
neville_83 Any updates from today’s AGM?
23/10/2018 3:52 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
Heavenly PUNTER Research IB If If If so many ifs
27/02/2019 10:36 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
qps999 PTARAS can be down anytime..no volume la.
23/03/2019 6:10 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
greenpack http://malaysiastock.biz/Company-Announcement.aspx?id=1132543
04/04/2019 7:04 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
3101575000 Good news??
26/04/2019 11:53 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