any potential passing 1.45 within this one month?

so are they gonna bring the stock to max value before the ex date?

Posted by Shanu N Apai > Aug 22, 2014 01:18 PM | Report Abuse

Bonus + free warrant mmmm delicious

why delicious? the price will go down right?

100 continuous buy transaction already?

Who buys stocks, can be divided into three categories:

First class: according to rumors or the opinions of others and buy; rumor is not true information. Based on inaccurate intelligence troops, the most easily routed Mexico.

Category II: based on "feeling" buy only intuitively think that the stock is worth a buy, you ask him, he would say one reason for buying. This situation is like love at first sight of male and female friends, just like each other, but say one reason for loving.

Third class was based on the fact that make the buying decisions. Buffett says: "you made the right decision, because it was based on the fact that you are right. "This is the apt description of successful investors.

why this stock suddenly so active?

We refer to the earlier announcements on 21 July 2014 and 12 August 2014 in relation to the Proposals.



For consistency purposes, all definitions used in this announcement shall have the same meanings as those provided in the Company’s announcement dated 21 July 2014 in relation to the Proposals.


On behalf of the Board of Directors of FITTERS, Hong Leong Investment Bank Berhad (“HLIB”) is pleased to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had, vide its letter dated 21 August 2014, approved the following:

(a) admission to the Official List and listing and quotation of up to 137,217,604 Warrants to be issued pursuant to the Proposed Free Warrants Issue;

(b) listing of up to 137,217,604 new FITTERS Shares to be issued pursuant to the exercise of the Warrants;

(c) listing of up to 43,660,100 new FITTERS Shares to be issued pursuant to the Proposed Private Placement; and

(d) listing of up to 137,217,604 new FITTERS Shares to be issued pursuant to the Proposed Bonus Issue.


The approval granted by Bursa Securities for the Proposals are subject to, inter-alia, the following conditions:

(a) FITTERS and HLIB must fully comply with the relevant provisions under the Main Market Listing Requirements (“Listing Requirements”) pertaining to the implementation of the Proposals;

(b) FITTERS and HLIB to inform Bursa Securities upon the completion of the Proposals;

(c) FITTERS to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposals are completed;

(d) FITTERS and HLIB are required to make the relevant announcements pursuant to Paragraph 6.35(2)(a)&(b) and 6.35(4) of the Listing Requirements for the Proposed Bonus Issue; and

(e) FITTERS is required to furnish Bursa Securities on a quarterly basis a summary of the total number of shares listed pursuant to the exercise of the Warrants as at the end of each quarter together with a detailed computation of listing fees payable for the Proposed Free Warrants Issue.


This announcement is dated 21 August 2014.

matakuda and beruang emas...
err, it's their actual id or need to translate...?
already followed ayamtua...
Michael Jackson yeahhh... ;)

apa nak buat sifu, saya budak baru belajar...

dear traderman, if I use for example 2nd q last year to this year 2nd q, she's still at a healthy 23x pe...
come sept (3rd q), her pe will get less...
;)

if from year to year, then we will be trailing the counter...
right?

panic already cleared...
yesterday nobody knows why it corrected...

current p/e for ifca not around 23 ka?
from last year 2nd quarter to this year 2nd quarter...
if we use p/e from dec to dec, then we get that 66 right?

which one is better sifu? q to q or dec to dec?

time to collect I presume?
0.67 EPS for last quarter.
and I believe this quarter will be better or at par with 2Q 2014.
.09 (1Q)
.67 (2Q)
.50 (3Q) worst case scenario
.50 (4Q) worst case scenario

kukumanis, average p/e for tech stock is at 20x?

suddenly woken up... why?

ayamtuaaaa....
you're here also?

odd lot buying... unknown transaction... anybody know what is this?

hahaha...
degil... ;)
amik obat...

sifu fx lee say go in, I go in...
plus with ayamtua Michael Jackson go in also...
1mill rupiah... set!

40k profit?
rich guy detected... ;)

most of this projects can be reflected in their 2nd quarter result,yes?

------------------------------------------------------------------

Ots order book is at an all time high of rm1.2 billion. With that the company is positive on churning out strong earnings growth at least in the next two years from 2014.

Its main line of business is in the construction of infra projects and building works. It aims to secure an additional rm300 million worth of jobs to boost its order book of rm1.5 billion for FY2014.

It derives some 64% of its revenue from its construction division.

The company inked a rm227 million a deal with UEM Sunrise Bhd to build a condominium block in Cyberjaya. The largest outstanding contract in its order book is an rm428 million job involving the MACC building in Putrajaya.

It is currently (May 2014) tendering for rm1.75 billion worth of construction and infra jobs.

Mitrajaya’s property development segment could be another growth engine.

In the next few years from 2014, the potential to realize all these land bank in terms of value would give it a substantial cash flow. In the 2015 to 2016 period, its group revenue should increase significantly.

It is preparing to unlock the value of its over 200 acres of landbank in Bintang, Selangor and Melaka.

It had no plans in terms of acquisition of new land.

It was reported that its land bank was undervalued, which has not been revalued for many years. The value of the company’s 257.65 acres of landbnk is estimated to have almost quadrupled to rm624 million from its book value of rm160 million as at end 2013.

The company has plans to develop high end bungalow units in Pulau Melaka spanning 17.84 acres of reclaimed land.

The estimated land bank value is nearly double that of the company’s market cap of rm337 million based on rm0.855.

Mitrajaya owns 180 acres of freehold land in Bintang that is targeted for a mixed development by early 2016.

Its plan over the next few years from 2014 also includes the development of three blocks of luxury condominiums in Wangsa Maju with a GDV of rm650 million and a mixed development in Puchong Prima with a GDV of rm1 billion.

Besides its operations in Malaysia, it also has a self sufficient property development business in South Africa which has an undeveloped landbank of 152 acres.

credit to:

http://hongwei85.blogspot.com/2014/05/mitrajaya.html

good day...
can somebody enlightened me what will mitra-wc price once mitra hit 1.25 (tp by kenanga)?

Eh ayamtua, you're here as well?

thank you pdz...
tomorrow one more round please...

shark is in....

ini hari orang kumpul...

ok ayam tua...
1 mill all in... ;)

Posted by optimuss > Aug 11, 2014 10:02 PM | Report Abuse

i can tell u the way pdz is goreng is exactly the same method of sumatec.
thats all i can say. by the same group.

so now halim saad is very predictable...? ;)

i'm still wondering how the reporter in focus malaysia got the news that halim saad accumulating on the open market... ;)

hadoi....
aku sudah gelak mcm orang x betul baca ayam tua punya comments....

which counter is this skyhawk?

I love your pick ayam tua...
;)

Still playing at .230...?

takaso now full with contra players already...
cash product only...
;)

what do you mean hell break loose?

anybody know why suddenly maybank IB putting a buy call on takaso?

dear connie and seph, why do you think fitters will go up more...?
the counter is very quiet with any development news yet both of you are holding the counter...
may i know why? ;)

come on fitters... ;)

why is it Boustead buying the shares at 2.50 each plus give some soft loan some more?

any clue?

PETALING JAYA: Boustead Holdings Bhd will buy an 80% stake in PFC Engineering Sdn Bhd for RM20mil cash, bringing the group’s plans to expand its oil and gas (O&G) business a step closer to fruition.

The firm said in a filing with Bursa Malaysia that it had inked a conditional share sale agreement with Datuk Abu Talib Mohamed (pic), the brother of Tan Sri Abu Sahid Mohamed of the Maju Group, to acquire eight million shares in PFC Engineering, an integrated engineering and maintenance services provider for the O&G industry.

PFC Engineering specialises in engineering, procurement, construction and commissioning, facilities maintenance and trading of the O&G industry-related mechanical parts, equipment, tools and materials, for both onshore and offshore facilities.

It currently only serves the local market.

PFC Engineering was previously an 80:20 unit of Abu Talib, 65, and his son, Muammar Gadaffi Abu Talib, 38. Abu Talib will retain a 20% interest in PFC Engineering following the sale of Boustead.

It is learnt that PFC Engineering, under Boustead’s umbrella, could leverage on the latter’s recently acquired land in Klang, as PFC Engineering does not own any facilities in Selangor.

Boustead had said two weeks ago it would buy the Port Klang Cruise Centre and some 70 acres of land in Pulau Indah, Selangor, for RM310mil or RM52.50 per sq ft – more than double the RM23.50 per sq ft that state-owned 1Malaysia Development Bhd had paid in February for 310 acres nearby.

StarBiz had reported on Monday that Boustead, via subsidiary Boustead Heavy Industries Corp Bhd, might develop parts of the land into a fabrication yard that specialises in O&G support services.

Some parts of the land also enjoy a 10m deepwater frontage, enhancing its appeal as an O&G hub. The acquisition of PFC Engineering came with a pre-tax profit guarantee of at least RM20mil for the financial years 2015 and 2016, Boustead said.

It is not expected to have any impact on the group’s net assets or earnings in the financial year ending Dec 31, 2014, as the deal will only be completed by the fourth quarter of this year. Boustead said its gearing would, however, increase slightly to 1.15 times from 1.12 times after consolidating PFC Engineering’s debts.

Boustead will also extend RM35mil in loans and advances to PFC Engineering for its short-term funding needs.

In March 2012, PFC Engineering had sought to be listed via a reverse takeover (RTO) of PFCE Bhd, but the plan fell through.

The RTO would have seen PFC Engineering and its businesses being injected into PFCE for RM300mil, to be satisfied by the issuance of 500 million new PFCE shares at 60 sen each.

Through PFC Engineering, both Abu Talib and Muammar Gadaffi used to own about 40% of PFCE.

long live ayamtua...

Posted by AyamTua > Aug 6, 2014 01:25 PM | Report Abuse

next counter? kita buat amal ibadat, tolong orang fakir miskin, dan banyak kan usaha usaha murning tolong orang susah.. that is the next counter ... hati mesti bagus, supaya berkat datang melimpah limpah .. hihihihihi

p/s: tunggu jap, aku pun sibuk cari kikikiki

ok senpai... ;)

Ok ayam tua...
What's the next counter?
Hehehe...

Here kitty2...
Lower little bit more...

41.5 now..
45cent possible by this week dear fxlee?

new support at 40c?

Posted by cakarayam > Aug 6, 2014 10:45 AM | Report Abuse

Broke 40 cent, huge trading at 40 cent. Who buying??? Hihihihihii


ayamtua and fxlee buying...
salute ayamtua... ;)

with a project combined value of 500Mill plus, taking into account a decent profit margin of 8~10%, this company stands to make at least 40~50 mill profit?

Posted by Mohd Fahmi Bin Jaes > Aug 5, 2014 08:36 AM | Report Abuse

can play contra when buy 1.00 for 3 lot?

what do you mean 3 lot?
is it 300 or 3000 shares?
even you contra at 3000 shares @ rm 1, you need at least 1.02 to profit.

dear sifu ayam...

at EPS 5.77 cent last financial year, the share PE is still only at 6.6 times.
why is it so undervalue from construction standards of 11~13?
thank you and best regards.

next resistance will be 41 cents?