Today 5cent dividend Ex-date. That's why open low at 1.34

5 cents dividend in on the way next week!

EPF is buying recently.

KUALA LUMPUR (June 8): Mitrajaya Holdings Bhd says it is on track to secure its target order book replenishment of RM1 billion this year, and possibly even more. It has secured RM700 million so far.

The group’s current outstanding order book stands at RM1.73 billion.

“We are not too far away. We believe this is achievable over the next few months. To achieve the RM1 billion is not a problem, maybe we can achieve more,” its managing director Tan Eng Piow told reporters, after the group’s annual general meeting today.

The group currently has a tender book of RM3 billion, comprising RM2.7 billion worth of building projects and 300 million worth of infrastructure projects.

Upcoming property projects in the pipeline include a commercial development in Pengerang, Johor, for a gross development value (GDV) of RM24 million, as well as a residential development in Bukit Beruntung, Selangor, for a GDV of RM20 million. Both are scheduled to be launched by the end of this year.

Their current land bank size in Malaysia is 254 acres. In South Africa, the group has 215 acres.

On Feb 27, the group formed a joint venture (JV) partnership with Gema Padu Sdn Bhd to jointly develop parcels of land in southern Kuala Lumpur.

The joint venture is 60% owned by Mitrajaya and the landbank size of the JV is 335 acres. According to Tan, the group hopes to start developing an industrial property on part of the land, in the next year or so.

New TP of 1.55 by UOBKayhian

Read before judge.

http://klse.i3investor.com/blogs/changwt/124180.jsp

Results improved much better compared to previous Quarter.

Good results! Hold tight!

http://www.theedgemarkets.com/article/mitrajaya-bags-rm1601m-construction-job

"Sapura's first gas delivery from its block SK310 production sharing contract off Sarawak will be in October, Shahril said."

http://www.klsescreener.com/v2/news/view/229113

Oil cut to be extended, promised by Saudi energy minister

http://www.theedgemarkets.com/article/opec-nonopec-oil-cuts-be-extended-says-saudi-energy-minister?utm_source=dlvr.it

Oil price rebounded!

Ekovest is a fundamentally sound company, don't simply link to IWCITY

Hope for further upside :)

Lack of momentum...

Post removed.Why?

http://www.theedgemarkets.com/my/article/mitrajaya-buys-rm4-mil-leasehold-land-sepang