Posted by Icon8888 > 2014-02-06 10:29 | Report Abuse

Target 70 sen ! Will sell half at that price

Posted by Zenwan > 2014-02-06 10:31 | Report Abuse

Good luck!....

Posted by Icon8888 > 2014-02-06 15:21 | Report Abuse

massive queuing to buy mother share !! first time i see something like that. Fly fly fly !!!

Posted by ulutrader > 2014-02-08 09:19 | Report Abuse

mother share has been around 1.36-1.43 range for past 1 month except when it spiked up to 1.50 on 21/1/14. Expect to spike again soon (next 2 weeks) by the looks of it's son....my 2 cents

Posted by Icon8888 > 2014-02-08 09:35 | Report Abuse

All eyes on results by end February. If good, will propel it to higher level of 160 to 170. That is when I will cash out my wc, after holding for three years at cost of 31 sen

Posted by Firebird2 > 2014-02-12 16:49 | Report Abuse

LOL,, some last minute price manipulation

Posted by hello123 > 2014-02-13 21:47 | Report Abuse

today seeing 3000 lots queuing at 1.39-1.42...anyone know the reason?

Posted by cheah6638 > 2014-02-13 21:57 | Report Abuse

With the sale of Menara PJD, surely this quarterly result must be good. Eventually, those queuing at RM1.39 to RM1.42 will have to eat the seller's quote at a higher price when the results are announced soon.

Posted by Firebird2 > 2014-02-13 23:15 | Report Abuse

Have overstayed at 1.39 - 1.43 level. Think it will move soon like what you guys think as well. So far volume has been good, but none that wld take it to another level, that force will come when the results are announced I think

Posted by Trisven > 2014-02-14 09:05 | Report Abuse

wow.................miracle happens? 1.46

Posted by TaurusGal82 > 2014-02-14 09:14 | Report Abuse

good result coming soon...

Posted by susuan > 2014-02-14 09:22 | Report Abuse

should touch 1.70 when they announce the results!!

Posted by Trisven > 2014-02-14 09:24 | Report Abuse

wc very attractive..keep shooting up..

Posted by sephiroth > 2014-02-14 09:24 | Report Abuse

i have already recommend to buy wc since 32 sen

Posted by Trisven > 2014-02-14 09:29 | Report Abuse

hahaha..sure u are millionaire by now..

Posted by calvintaneng > 2014-02-14 09:30 | Report Abuse

YES! I BOUGHT PD DEV at 45 Cents years back. So Don't Chase When Price is Already So High Now.

These Are The Laggards You Should Consider:

1) OPCOM for ZERO Debt and 10% Dividend
2) DUTALAND (Might Run Up Like Brem & CHHB)
3) TAWIN (Might Go Limit Up Like IQ Group & Ornapaper.)

Best Regards,

Calvin Singapore

Posted by chaplang > 2014-02-14 10:00 | Report Abuse

Anyone any news on PJDev...whyso good today

Posted by susuan > 2014-02-14 10:41 | Report Abuse

good results by the end of February!

Posted by nemesis > 2014-02-14 12:42 | Report Abuse

i am looking at EPS of at least 26 sen for full financial year 2014...and maybe a special dividend on top of its 5 sen dividend...Reiterate@BUY,BUY, BUY...

Posted by nightfly > 2014-02-15 12:19 | Report Abuse

Got Special announcement coming ...

Posted by Icon8888 > 2014-02-15 12:21 | Report Abuse

Really ?

Posted by nightfly > 2014-02-15 12:56 | Report Abuse

Hopefully

Posted by kusen > 2014-02-16 09:06 | Report Abuse

I like this stock because the price is breaking new high.

Posted by lry01 > 2014-02-17 00:27 | Report Abuse

Go Double! pending result of the financial result on 26 Feb will be a great one I bet!
http://182winpower.blogspot.com/

Posted by Yunnan > 2014-02-18 22:10 | Report Abuse

OSK Property announced fantastic result.

Posted by Devil86 > 2014-02-19 07:06 | Report Abuse

I hope PJDEV keep the hardwork for next next quarter and future so that the investor will keep on laugh and happy.the month result should be highest in profit due to pump in about 400 million of disposal of building ...... hope that i not wrong

Posted by susuan > 2014-02-19 07:23 | Report Abuse

Yes, Devil86, I am very hopeful of good results coming soon!

Posted by Yunnan > 2014-02-21 19:05 | Report Abuse

Dont you think OSK Property is undervalued compared to PJD now? The P/E ratio is lower and dividend yield is higher than PJD. If OLH want to privatise PJD, he might consider merge or privatise both! He has tried to privatise OSK Property few years back but was not successful.

Posted by Icon8888 > 2014-02-21 19:42 | Report Abuse

i think it is a matter of time they will merge

Posted by Trisven > 2014-02-24 10:06 | Report Abuse

y today drops so much? report out already?

Posted by Firebird2 > 2014-02-24 11:10 | Report Abuse

Its known that they have unlocked values from their assets, close to Rm400 million, where will these figures appear next. If its a bad quarterly report I will be very surprised.

Posted by Icon8888 > 2014-02-24 18:07 | Report Abuse

Results is out. EPS 5.5 sen

Posted by Icon8888 > 2014-02-24 18:07 | Report Abuse

Good or not ?

Posted by nemesis > 2014-02-24 18:21 | Report Abuse

within expectation..No major surprise...

Posted by Lollipot Anison > 2014-02-24 19:13 | Report Abuse

this stock is abit special. the warrant push the mother price. anyway NTA 2.18

Posted by Icon8888 > 2014-02-24 19:51 | Report Abuse

Ladies and gentlemen, the following is the analysis for PJDev's latest quarterly result. I have only compared Q-o-Q (ignore y-o-y, as I don't think it is relevant to the sentiment now)

(a) Q2 property division net profit RM9.8m, slightly lower than Q1 net profit of RM11.98m

(b) Q2 construction division net profit RM2.74m, slightly higher than Q1 net profit of RM2.36m

(c) Q2 cable division net profit RM4.9m, slightly lower than Q1 net profit of RM5.3m

(d) Q2 building material division net profit RM2.8m, slightly higher than Q1 net profit of RM1.5m

(e) Q2 hotel division net profit RM5.1m, slightly higher than Q1 net profit of RM4.6m

(f) Q2 investment holding division net loss of -RM0.1m, lower than Q1 net profit of RM4.9m (Q1 includes gain on disposal of RM9.4m)

Observations :

(1) Q2 net profit of RM24.9m (EPS 5.5 sen) is lower than Q1 net profit of RM30.4m (6.4 sen). However, this is because Q1 included an exceptional item of RM9.4m (gain on disposal). Exclude that gain, Q2 and Q1 net profit is almost the same

(2) almost all divisions perform more or less the same as Q1

(3) Q2 net profit of RM25m (5.5 sen EPS) seemed to reflect the sustainable profit of PJDEV (as no exceptional item at all). If annualised, EPS = 22 sen. Based on RM1.56, PER now is 7 times.

Personally, I don't think the current price is overvalued. Given some time, I think this company should at least trade at 10 times PER (RM2.20), especially if you factor in the strong balance sheet and the capacity to pay out higher dividend (as compared to 5 sen in the past few years).

However, due to the run up over past few weeks, share price might take a breather, before scaling new height.

Lets see what happen tomorrow.

Have a nice evening

Posted by Lollipot Anison > 2014-02-24 19:52 | Report Abuse

no special dividend?

Posted by Icon8888 > 2014-02-24 19:56 | Report Abuse

nope

Posted by SJSOON > 2014-02-24 19:58 | Report Abuse

Here is the quarterly report released. http://www.bursamalaysia.com/market/listed-companies/company-announcements/1546601

Posted by SJSOON > 2014-02-24 19:59 | Report Abuse

Icon888: I agree with your analysis and viewpoints. It's just a matter of time the price will break 2.00, taking PE10x as a reference.

Posted by Yunnan > 2014-02-24 21:30 | Report Abuse

The play seems to move over to OSK Property. Watch out.

Posted by balvin71 > 2014-02-25 07:51 | Report Abuse

Icon888, thanks for your analysis. Completely agree with your valuation/target price. This is supported by the current NTA which will increase over the coming quarters.

If the analysis is done, comparing to same quarter last financial year, the financials has improved significantly across the board. Mid-term, should break the RM2.00 level.

I will be holding this stock and accumulating more on weakness.

Posted by micky92 > 2014-02-25 13:12 | Report Abuse

Standard la..buy on rumours sell on news.

Posted by Yunnan > 2014-02-26 08:22 | Report Abuse

Yes, it has gone up continously non stop and time to take a breather

Posted by Yunnan > 2014-02-26 08:23 | Report Abuse

OSK Property turn to play catch up

Posted by SJSOON > 2014-02-26 14:56 | Report Abuse

I really can't stand those speculators' stupidity, hmm. Come on, drop some more.

Posted by GoodInvestor > 2014-02-26 23:06 | Report Abuse

Yunnan, OSK Property NTA not as good as PJDEV lah. PJDEV will up to RM2 very soon.

Posted by stncws > 2014-02-27 14:57 | Report Abuse

ok

Posted by FourSeasons > 2014-02-27 17:56 | Report Abuse

can buy now at current levels?

Posted by Devil86 > 2014-02-27 19:20 | Report Abuse

give him sometime, let us see the next quarter report in flying colour also