Posted by danielsoh > 2011-06-15 00:04 | Report Abuse

Target price 1.50...

Posted by airasia > 2011-06-16 18:05 | Report Abuse

but still under heavy selling pressure.
Is Fajar secured the MRT project?

Posted by danielsoh > 2011-07-01 13:54 | Report Abuse

No.. look at ma still.. masteel has secured mrt project... i am pretty sure the will be gaining vast profit for the next few years..

Posted by Kim Yap Lau > 2012-06-11 11:33 | Report Abuse

wat happen?

Posted by Shinferre > 2012-06-11 20:46 | Report Abuse

suddenly surge for today

Posted by beginner > 2012-06-12 11:43 | Report Abuse

any news?

Posted by Kim Yap Lau > 2012-06-12 18:36 | Report Abuse

privatize properly?

Posted by bigyellow > 2012-07-24 22:47 | Report Abuse

break to lower later or sooner?

Posted by Ad Edward > 2012-08-09 10:48 | Report Abuse

rubbish counter...

Posted by Mat Cendana > 2012-08-09 10:55 | Report Abuse

Don't dismiss Fajar just yet. True, it doesn't seem to be going anywhere lately but one must also take into consideration that it is rated at 1.00 in The Edge/JCF Consensus Table. I haven't done my homework on it yet but if JCF rates it highly, there surely must be a very good reason.

Posted by Ad Edward > 2012-08-09 16:21 | Report Abuse

soon to holand...

Posted by 8stars > 2012-08-09 19:08 | Report Abuse

Rated 1 means strong buy. It has been rated at 1 for the past few weeks. Someone purposely press down the price to accumulate . The directors exercised their esos at 0.90 if I'm not wrong. There cld be something interesting this coming quarter's result.

Posted by Ad Edward > 2012-08-14 15:59 | Report Abuse

rated 1 from behind(strong sell)...hahahahaha

Posted by 8stars > 2012-08-14 16:05 | Report Abuse

The lower the better. I'm collecting bit by bit.

Posted by socaisocai > 2012-08-29 17:40 | Report Abuse

this counter lost like shit...really fed up..rubbish counter..i agree Edward

Posted by stanteo71 > 2012-08-30 09:56 | Report Abuse

Luk like hv to cut loss for this counter :(

Posted by lcng123 > 2012-08-30 11:40 | Report Abuse

According to the company's announcement, the drop in revenue in the current quarter was due to deferment in site possession and the delay in handover of full work areas for 4 awarded projects as well as slower progress at site for several construction contracts undertaken by the group. The group has uncomplete construction project of RM925mil and going to be launched the property projects in Puchong (RM500mil) in 2nd half of 2012 and Sentul (RM203mil) in 2013, so all these will contribute positively to the group in the next financial year.

Posted by stanteo71 > 2012-08-31 20:39 | Report Abuse

Agreed with you. Hope can see the light at the end of tunnel soon.

Posted by Mat Cendana > 2012-09-03 14:44 | Report Abuse

I'm having second thoughts about Fajar after reading Alex Lu's blog http://nexttrade.blogspot.com/2012/08/fajar-hit-by-double-whammy.html And the fact that one of its major shareholders Datuk Ir. Low Keng Kok had sold 1 million units on Aug 17 hasn't helped to boost confidence in it either. Looks like it will have to go down some more before Fajar becomes attractive enough to be worth a risk.

Posted by lcng123 > 2012-09-03 16:47 | Report Abuse

Dato' Ir. Low Keng Kok has disposed 2mil units n Aug and transfer 4.1mil units to Dato' Sri Ir. Kuan Peng Soon. We don't know the story behind this transaction, but one thing be sure is the other major shareholders is still holding the company's share.

Posted by stanteo71 > 2012-09-06 10:09 | Report Abuse

Prepare to cut loss for this counter :(

Posted by Ghaleon Teoh > 2012-09-06 22:12 | Report Abuse

downtrend :( what is the support line?

Posted by captros > 2012-09-06 22:42 | Report Abuse

no supportline. It's free fall. A 20 over million loss company will take years to recover. Unless it could gain 3o million profit yr 2013 then its has prospect. Ampang project is yet to commence. VO from Gemas project is uncertain and won't be easy. So why wait??

Posted by lcng123 > 2012-09-06 23:08 | Report Abuse

No matter how, Fajar still got RM925 mil construction projects and 2 property projects worth RM730 mil (Puchong & Sentul) to be launched next few months. We looked at these 2 property projects, the main contractors of these 2 property projects are Fajar subsidiaries construction company, so it can generate higher margin for Fajar. RM730 mil can generate net profit RM73 mil (estimated 10% net profit or may be even more) with EPS 38sen. Whatever loss in FY2012 can cover easly by this margin. Fajar has changed his strategy where construction & property sectors work together to generate higher margin for the group. So I planned to buy in more when price drop further.

Posted by Captros > 2012-09-07 10:43 | Report Abuse

Yes right, it has a book value of almost 1bil. But investor has lowered their expectation on construction companies. In construction industries it is not easy to contract higher profit. Now days 6 to 7% are considered lucrative. The Government are cleverer now days. The most they will allow 5% profit. Contractor will have that 5% cover all the unexpected cost ie. price material increase, labour shortage, project delay, cost overrun and all sort of costs coming in during construction period. Without strict cost control, expected profit can swing severely and became huge losses.
May be can enter a lower price when it really stabilised. Butthe last 2 months it has been falling and it has yet to stop.
On news that construction company won contract, there will be small waves to move up the price. Moment later it will drop. That also happened to AZ, TRC etc.

Posted by lcng123 > 2012-09-07 12:20 | Report Abuse

Yes I do agreed with your point Captros, that's why Fajar involved in property development right now which is can get higher profit with their own construction team and the property demand always there especially in near KL area.

Posted by yipgusing > 2013-02-15 12:10 | Report Abuse

still holding lot of warrant ....

Posted by yipgusing > 2013-02-23 17:34 | Report Abuse

financial result going to come out next week .... finger crossing .. pls dont post a -ve financial result ... again ...

Posted by jeje > 2013-07-04 13:47 | Report Abuse

This counter got prospect or not ? Pls advise.

Posted by victoria > 2013-07-12 11:43 | Report Abuse

only Kenanga knows.

Posted by optoms > 2013-07-26 09:04 | Report Abuse

Any possibility of warrants extension?

Posted by yipgusing > 2013-08-13 13:09 | Report Abuse

unlikely

Posted by dragonking > 2013-08-16 09:38 | Report Abuse

fajar with mitra yummy yummy

Posted by yipgusing > 2013-08-17 00:08 | Report Abuse

what say u ,dragonking

Posted by Chuan Wei Chong > 2013-08-17 09:34 | Report Abuse

This is the only counter I lose money in my stock investment. Bought in 1.13 and cut lose at 0.85. I never want to touch it again.

Posted by Caryn Chua > 2013-08-19 12:15 | Report Abuse

Warrants due on 18.10.13, most probably they would push up mother shares to entice u to subscribe to the warrants

Posted by messi > 2013-09-03 20:55 | Report Abuse

Anyone got news ??? Will the warrant expiry date be extended ?

Posted by yipgusing > 2013-09-03 21:44 | Report Abuse

impossible messi

Posted by ladzatz > 2013-09-03 21:47 | Report Abuse

"warrant expiry date be extended"...? ini sudah langgar peraturan ...bro...

Posted by messi > 2013-09-03 22:42 | Report Abuse

ladzatz, it happened before to other warrants......tak langgar peraturan....bro

Posted by ladzatz > 2013-09-03 22:44 | Report Abuse

kalau betul...that's new for me ..tq...but...boleh bagi contoh? ini macam boleh manipulate ma...retailers lah yg kena

Posted by messi > 2013-09-04 12:29 | Report Abuse

Refer to TA warrant in 2003.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/239646

Posted by JTFX > 2013-09-25 11:37 | Report Abuse

Fajar WA 0.10 trdg at 4-5 cts discount..exercise px +0.50 mother 0.64-65..trying to collect some...

Posted by messi > 2013-09-25 11:42 | Report Abuse

last date of trading 2/10/13

Posted by JTFX > 2013-09-25 11:54 | Report Abuse

woo..few more days to go..remisier frd doing this,, said he made some easy money from this..last one he did was the ijm land warrants last month...need capital to pick up n exercise though....

Posted by jeje > 2013-09-25 15:29 | Report Abuse

Collect mother or warrant?

Posted by JTFX > 2013-09-25 15:33 | Report Abuse

only buy the WA IF u want to exercise it for the mother.

Posted by fhis > 2013-11-07 15:09 | Report Abuse

go fajar go...

Posted by sayandquoteit > 2013-11-15 09:06 |

Post removed.Why?

Posted by yipgusing > 2013-11-18 21:37 | Report Abuse

pls dont share unrelevant link here ..thanks