pelaburuntung

pelaburuntung | Joined since 2015-04-07

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2016-03-15 10:08 | Report Abuse

any good news?

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2016-03-11 16:00 | Report Abuse

it was friday and the game is on

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2016-03-08 13:35 | Report Abuse

what happen to this counter?

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2016-02-25 14:52 | Report Abuse

Nice quarter report, but why no price action

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2016-02-19 16:45 | Report Abuse

game just start

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2016-02-16 10:11 | Report Abuse

come D&O, quarter report will be superb.

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2016-02-03 10:11 | Report Abuse

hot money still in there

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2016-01-28 15:06 | Report Abuse

based on what basis?

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2016-01-22 17:12 | Report Abuse

anything you know from insider mr bone?

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2016-01-21 14:36 | Report Abuse

any sifu can comment on incoming revise budget. it will effect MITRA a lot or not?

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2016-01-20 11:43 | Report Abuse

big discount offer. Grab now before it fly high

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2016-01-16 14:51 | Report Abuse

mitra time will come in near future. all it peer already move

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2016-01-14 10:49 | Report Abuse

Highlights
Finishing strong. Domestic contract awards to listed contractors in 4Q15 stood at RM7.4bn (-24% YoY, +30% QoQ). Job flows for 2015 witnessed consecutive quarterly increases throughout the year, with 4Q being the strongest.
Surge in volume. Notable contracts during the quarter include the National Sports Complex refurbishment (RM1.6bn) by MRCB and TRX infra and road works (RM755m) by WCT. While most of the other contracts were small to mid-sized ones, the high count in the absolute number of awards resulted in the strong 4Q.
2nd highest showing. For the full year 2015, domestic job flows totalled RM21.9bn, translating to a 22% YoY increase. This sum is the 2nd highest witnessed in the last 8 years. One contributing factor to the strong job flows in 2015 was RAPID which saw RM4.1bn worth of awards dished out (19% of overall domestic contracts).
A record year ahead. Looking forward, we expect 2016 to be a record year for job flows, possibly breaking the previous high of RM28bn set in 2012 when the MRT1 was awarded. With the MRT2 slated to be rolled out this year, job wins should at least replicate that of 2012.
Contracts all year round. In terms of the timeline for some of the mega projects, this should start off with the LRT3 (RM9bn) in 1Q, MRT2 (RM28bn) in 2Q, Pan Borneo Sarawak (RM16bn), DASH (RM4bn) and SUKE (RM4bn) in 3Q and potentially the revival of the Southern Double Track (RM8bn) in 4Q.
Also strong overseas. Foreign contract awards stood at RM577m in 4Q15, surging more than 10-folds YoY and QoQ but this was mainly due to an extremely low base effect. For the full year, foreign contracts came in at RM3.1bn, increasing 51% YoY, mainly due to the sizable Lusail development contract (RM1.2bn) won by WCT in Qatar.
Risks
A space to watch out for is the softening domestic property market, leading to slower private sector contracts as developers scale back on launches.
Rating
OVERWEIGHT
Our data on contract awards validates that the momentum of job wins remains strong for contractors. With domestic contract awards potentially hitting an all-time high in 2016, we advocate staying OVERWEIGHT on the sector.
Top Picks
For the large caps, IJM (BUY, TP: RM3.86) is our top pick given its record high orderbook of RM6.7bn which implies a superior cover ratio of 7.5x.
Amongst the small caps, we continue to advocate buying into Mitrajaya (BUY, TP: RM1.95) which boasts superior earnings growth with 3 year CAGR of 24%, underpinned by its RM1.6bn orderbook (4.3x cover ratio).
We also highlight SCable (BUY, TP: RM2.57) as a potential play for the impending Sarawak State Elections which is touted to happen sometime in March.

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2015-12-30 09:52 | Report Abuse

looking good.

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2015-11-26 15:05 | Report Abuse

good news, but why the price keep dropping..huhu

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2015-11-26 08:34 | Report Abuse

mitra fly today...gogogogo

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2015-11-24 16:49 | Report Abuse

suddenly drop . any bad news?

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2015-11-23 11:40 | Report Abuse

when will be quarter report out?

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2015-11-23 11:08 | Report Abuse

manage to catch some...

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2015-11-20 11:23 | Report Abuse

new contract award soon

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2015-11-04 09:10 | Report Abuse

green day is coming.. gogogo

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2015-10-21 12:11 | Report Abuse

profit taking for this 2 3 day. price will shoot once finish

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2015-10-13 15:26 | Report Abuse

news on what bro axejay?

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2015-10-13 11:59 | Report Abuse

something is brewing.. budget 2016 is around the corner

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2015-10-09 09:52 | Report Abuse

mitra will benefit from budget announcement

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2015-10-02 12:02 | Report Abuse

any benefit for mitra from budget 2016?

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2015-09-18 11:26 | Report Abuse

something is brewing

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2015-09-09 10:22 | Report Abuse

good news are coming in the near future

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2015-08-28 11:07 | Report Abuse

Any idea on the warrant. when it will be credit.?

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2015-08-26 11:56 | Report Abuse

when will be the warrant credit into our account?

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2015-08-25 11:40 | Report Abuse

game over for what ms vaylens?

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2015-08-24 10:10 | Report Abuse

klci drop almost 30 points. better run away cut loss or hold?

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2015-08-21 11:32 | Report Abuse

what will be the price of warrant D?

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2015-08-20 11:30 | Report Abuse

some one is selling free share i guess. when this finish, for sure mitra will fly.

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2015-08-17 09:53 | Report Abuse

why drop so much. anyone can explain?

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2015-08-14 10:36 | Report Abuse

no people buying

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2015-08-13 16:55 | Report Abuse

when will be the free share credit into our CDS account. exactly after ex date? or else

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2015-08-12 11:22 | Report Abuse

someone is collecting

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2015-08-07 09:56 | Report Abuse

this counter is dying

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2015-08-06 16:29 | Report Abuse

what happen to this counter maaa

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2015-07-30 12:07 | Report Abuse

when will the ex date ?

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2015-07-30 10:52 | Report Abuse

Come on MITRA.

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2015-07-28 15:06 | Report Abuse

restructure of cabinet minister will effect mitra?

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