KLSE TechWiz

A waking up giant like Mjperak is worth a relook

klsetechwiz
Publish date: Wed, 11 May 2016, 11:34 AM
Analyse the KLSE market with a mixed of technical indicators, support and resistance as reference.

 

MJPerak saw strong volume and price break out after 1 year of inactivity.

 

Event to take note

 

- On 23 February 2015, the Company announce that the Company has entered  into a Sale and Purchase Agreement with Perak State Agriculture Development Corporation for the sale of leasehold land under PT 829, H.S.(D) 4413, Mukim Lenggong, Hulu Perak for total cash consideration of RM42,500,000. This amount is satisfied by cash.

 

- Perak will see more development in industrial, tourism and agricultural industry. Maju Perak Holdings Berhad is the master developer for the "Perak Halal Park" that is in Tanjung Tualang and Keramat Pulai. Both are segmented into zones - agriculture, industrial, commercial and residential, and designed to serve the halal industry locally and internationally.

 

 

Mjperak had turned around from being net debt of 16 million in FYE 2014 to a net cash of 10 million now. We expect the shareholder to see a special dividend from the proceed of the land sale.

 

 
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Be the first to like this. Showing 8 of 8 comments

i4investor

ur information outdated

2016-05-11 12:49

paperplane2016

Finally move

2016-05-11 20:38

Icon8888

Geng

2016-05-11 20:38

paperplane2016

Dont write anything icon. Later drop back.

2016-05-11 21:08

bonescythe

This new wizkid giving not bad calls.. Good.. keep it up..

2016-05-12 00:03

murali

Posted by bonescythe > May 12, 2016 12:03 AM | Report Abuse

This new wizkid giving not bad calls.. Good.. keep it up..

U praised yrself ah? Or is Wizkid yr twin brother?

Why, Bones stinks in I3? Has to create a new ID?

2016-05-12 09:04

paperplane2016

Bone gor, he is spot on

2016-05-12 21:01

paperplane2016

Hide where??

2016-05-12 21:50

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