FAJARBARU BUILDER GRP BHD

KLSE (MYR): FAJAR (7047)

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Last Price

0.52

Today's Change

+0.005 (0.97%)

Day's Change

0.51 - 0.535

Trading Volume

25,252,900


10 people like this.

3,215 comment(s). Last comment by speakup 1 hour ago

hcthey

270 posts

Posted by hcthey > 1 month ago | Report Abuse

fajar up up up, heading to 60 cts soon.

Ron90

3,992 posts

Posted by Ron90 > 1 month ago | Report Abuse

uncle Kyy should come here la to promote this counter which meet his Golden Rule of Investing... "2 consequtive profitable QR".
After all..uncle Kyy is the genius in construction industry. By forward PEx=10x pon price should already 0.80. If uncle Kyy promote..than we could see it fly above 1.00 ..hehe

Posted by muzammil80 > 1 month ago | Report Abuse

Gann Support: 0.49/0.46 | Resistance: 0.53/0.57

MZM2511

4,509 posts

Posted by MZM2511 > 1 month ago | Report Abuse

EPS (TTM) only @ 4.00.
For peer to peer comparison: Median PE @ 8.06

Posted by Iwillbeback > 1 month ago | Report Abuse

MZM2511 ,Thanks for your homework and what is target Price?
How about your port filo performance return this few year?

MZM2511

4,509 posts

Posted by MZM2511 > 1 month ago | Report Abuse

@Iwillbeback. I'm new here @ this counter. Feel interested lately after the company reported its stellar QR3 24.
Do some research and joined the counter....

lcng123

1,105 posts

Posted by lcng123 > 1 month ago | Report Abuse

Fajar construction business keep losing money, log timber doesn't contribute much, luckily new property development contribute earnings for the company. Once the property development completed, no billings come in, Fajar's earnings will turn -ve because the more construction project they secured, the more they losing money

MZM2511

4,509 posts

Posted by MZM2511 > 1 month ago | Report Abuse

The Group recorded revenue of RM142.65 million and profit before tax of RM29.12
million in the current quarter, compared to revenue of RM46.66 million and profit
before tax of RM3.30 million in the preceding year corresponding quarter. The higher
revenue was mainly contributed by Property Development and Construction segments,
whereas, the profit before tax was mainly attributed by the Property Development
segment.

MZM2511

4,509 posts

Posted by MZM2511 > 1 month ago | Report Abuse

Construction Segment
Construction segment reported revenue of RM40.08 million and loss before tax of
RM3.06 million in the current quarter, compared to revenue of RM28.42 million and
loss before tax of RM2.76 million in the preceding year corresponding quarter.
Higher revenue registered in the current quarter was mainly due to the newly awarded projects had started to progressively contribute revenue to the segment. The loss before tax in the current quarter was mainly due to higher operating expenses as compared to preceding year corresponding quarter.

MZM2511

4,509 posts

Posted by MZM2511 > 1 month ago | Report Abuse

Property Development segment reported revenue of RM99.05 million and profit before tax of RM33.40 million in the current quarter, compared to revenue of RM17.70 million and profit before tax of RM5.57 million in the preceding year corresponding quarter.
The surge in revenue and profit before tax in the current quarter were mainly contributed from Vierra Residence @ Kinrara development project where it showed incremental growth in the development work progress as compared to preceding year corresponding quarter.

MZM2511

4,509 posts

Posted by MZM2511 > 1 month ago | Report Abuse

The Construction segment of the Group remains dedicated to ensuring the efficient and timely completion of our ongoing projects. These encompass a diverse range, including high-rise residential buildings, apartments, retail complexes, golf club house, and the redevelopment of military facilities. We anticipate that these projects will contribute positively to the Group's future earnings and net assets per share, starting from the financial year ending 30 June 2024, and extending thereafter. Currently, our order book stands at approximately RM1.10 billion, with RM117 million consists of internal development projects. We are actively pursuing new construction opportunities through tendering processes in both the private and government sectors, with a combined value of RM4.8 billion.
----
Have to read the info entirely... For me about the construction sector prospects, we can read the important statement by the company.

"We anticipate that these projects will contribute positively to the Group's future earnings and net assets per share, starting from the financial year ending 30 June 2024, and extending thereafter."

TAYOR...

MZM2511

4,509 posts

Posted by MZM2511 > 1 month ago | Report Abuse

Fajar performances based on its last three quarterly reports: All are uptrending!!!!

F.Year Quarter Revenue PBT N.Profit EPS Div NTA QoQ(%) YoY(%)
30.6.24 QR3 24 142,647K 29,123K 27,188K 3.67 0.50 0.563 UP42% UP1324%
30.6.24 QR2 24 126,793K 24,409K 19,193K 2.59 0.00 0.523 UP585% UP1177%
30.6.24 QR1 24 72,977K 3,391K 2,801K 0.38 0.50 0.499 UP114% UP42%

27055825

1,373 posts

Posted by 27055825 > 1 month ago | Report Abuse

Icng 123 is talking from air Just guessing without any clue hahaha

27055825

1,373 posts

Posted by 27055825 > 1 month ago | Report Abuse

Anyway need such character to entertain the forum once in a while

lcng123

1,105 posts

Posted by lcng123 > 1 month ago | Report Abuse

I have been followed Fajar for many years before starting the 1st property project in Sentul and in Australia and involved in log timber business. If you study Fajar last few years QR, you will notice that without earnings contribution from Rica Residence in Sentul, Gardenhill and Paragon in Melbourne, log timber and now Vierra Residence in Kinrara, Fajar QR is disappointed. Vierra Residence still can contribute to Fajar QR for a couple of years but it will be ended one day. Property Development can make money but not construction

27055825

1,373 posts

Posted by 27055825 > 1 month ago | Report Abuse

last years were challenging for all construction companies not only Fajar Moving forward the whole contexts is totally different and thats why Fajar recovery is stellar and growth can be exponential due to more projects in the pipeline.

27055825

1,373 posts

Posted by 27055825 > 1 month ago | Report Abuse

correction Last few years......

hcthey

270 posts

Posted by hcthey > 1 month ago | Report Abuse

Fajar is growing and expanding company, buy and hold for months or a year, you will not regret it, it will bring you good fortune. within a year, I personally is confident that it will be pushed up by others investors to 80 cts - RM1/-. Hofully my dream will come true.😃😃😃😃

27055825

1,373 posts

Posted by 27055825 > 1 month ago | Report Abuse

I am confident it will be 80cts within the next few weeks Monday will start uptrend and warrant C will fly.

27055825

1,373 posts

Posted by 27055825 > 1 month ago | Report Abuse

At current price, Fajar is stlll grossly undervalue !!

27055825

1,373 posts

Posted by 27055825 > 1 month ago | Report Abuse

past 3 weeks Maybank, Cimb and AMbank have started coverage on Fajar

hcthey

270 posts

Posted by hcthey > 1 month ago | Report Abuse

Analysts projection Target Price is 82 cts.. buy now , you don't regret.

SKY2

673 posts

Posted by SKY2 > 1 month ago | Report Abuse

By next Q or year end , Fajar would have 10 sen eps ( rolling 4 Q ) , so at this price of 53sen is considered super cheap . At eps of 10sen, Price should be at RM One at this super bull era ...well from value investing point of view

hcthey

270 posts

Posted by hcthey > 1 month ago | Report Abuse

This counter is going up slowly today, sooner or later it will reach 80 cts and then to a dollar without doubt. Buy it now is not too late.

27055825

1,373 posts

Posted by 27055825 > 1 month ago | Report Abuse

its not slowly,it will be very soon

27055825

1,373 posts

Posted by 27055825 > 1 month ago | Report Abuse

get ready for more upside tomorrow !

lcng123

1,105 posts

Posted by lcng123 > 1 month ago | Report Abuse

Fajar engine slow down after ex dividend

hcthey

270 posts

Posted by hcthey > 1 month ago | Report Abuse

If you think that his counter has good future potential, this is the good time for you to accumulate your shares for investment. End of this month (June) is the year end closing for the company. I expect the year end closing should be excellent then the previous years results.

wahidul

233 posts

Posted by wahidul > 1 month ago | Report Abuse

MM2H to be announced soon,ministry already given approval

hcthey

270 posts

Posted by hcthey > 3 weeks ago | Report Abuse

Currently the company has already acquired billion dollars worth of projects in hand and I am confident that the company will have more contracts coming up in time to come. Other than the above, The company is tendering for few billions dollars of construction projects across private and government sectors. I am confident that the company will be successful in acquisition additional projects out of its tenders and bring into positive profit to the company.

lcng123

1,105 posts

Posted by lcng123 > 3 weeks ago | Report Abuse

If you look at the construction segment result every quarter, it not much contribute to the overall profit of the company, even sometimes present loss when the more revenue of construction recognised

27055825

1,373 posts

Posted by 27055825 > 3 weeks ago | Report Abuse

Icng you are right about the past But you keep harping on the past, investment is about the future and Fajar future earnings are cast in stone. You are blinded.

lcng123

1,105 posts

Posted by lcng123 > 3 weeks ago | Report Abuse

Let's see the coming quarters result on construction sector

Posted by harvest6138 > 3 weeks ago | Report Abuse

Share price will up again once company secure more contracts ... just need to wait ..

27055825

1,373 posts

Posted by 27055825 > 1 week ago | Report Abuse

LU

27055825

1,373 posts

Posted by 27055825 > 1 week ago | Report Abuse

Fast n furious

27055825

1,373 posts

Posted by 27055825 > 1 week ago | Report Abuse

Penang medical hub contract soon !!!

kritikos

49 posts

Posted by kritikos > 1 week ago | Report Abuse

This Fajarbaru is really a new dawn man.. non stop going up from 30+ level in May to now 50+ already. reading the comments here, sound like it's about new contracts and good results... definitely worth keeping it on the radar.

wahidul

233 posts

Posted by wahidul > 1 week ago | Report Abuse

Fajar tendering for more than RM5billion worth of projects this year

wahidul

233 posts

Posted by wahidul > 3 days ago | Report Abuse

New contracts soon

27055825

1,373 posts

Posted by 27055825 > 3 days ago | Report Abuse

for sure new contracts!

tidak_apa

70 posts

Posted by tidak_apa > 2 days ago | Report Abuse

wow

hcthey

270 posts

Posted by hcthey > 2 days ago | Report Abuse

today is active and slowly going up to 60 cts soon, later 80 cts.

mystery

499 posts

Posted by mystery > 2 days ago | Report Abuse

Got power to go 0.55 today or not look like big block

27055825

1,373 posts

Posted by 27055825 > 9 hours ago | Report Abuse

Tomorrow fly

hcthey

270 posts

Posted by hcthey > 4 hours ago | Report Abuse

So far, the highest point went up to RM0.545 on 10/06/2024 with volumme of 20301 shares. hopefully it will go up higher this week and break RM0.550.

hcthey

270 posts

Posted by hcthey > 4 hours ago | Report Abuse

This counter has partnered with Penang Development corporation and belief that it will be awarded more projects in Penang by the State Government.💪💪💪💪

kritikos

49 posts

Posted by kritikos > 1 hour ago | Report Abuse

hcthey, hope you are right!

27055825

1,373 posts

Posted by 27055825 > 1 hour ago | Report Abuse

TP 80 cents in 2 weeks

speakup

25,935 posts

Posted by speakup > 1 hour ago | Report Abuse

welcome to Casino De Bursa!
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