FAJARBARU BUILDER GRP BHD

KLSE (MYR): FAJAR (7047)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.39

Today's Change

0.00 (0.00%)

Day's Change

0.385 - 0.40

Trading Volume

1,657,500


10 people like this.

3,539 comment(s). Last comment by JalanTembok 1 week ago

Hitman

1,301 posts

Posted by Hitman > 2 weeks ago | Report Abuse

wait

Posted by GoldenCoin23 > 2 weeks ago | Report Abuse

wait see tmrw

Alien123

37 posts

Posted by Alien123 > 2 weeks ago | Report Abuse

Share price not up is meaningless to us

27055825

1,462 posts

Posted by 27055825 > 2 weeks ago | Report Abuse

Another 250 million tender award from WCT
Tomorrow fly again.

27055825

1,462 posts

Posted by 27055825 > 2 weeks ago | Report Abuse

ini kali mesti jadi

SKY2

756 posts

Posted by SKY2 > 2 weeks ago | Report Abuse

JB Property Booms ....n Fajar is part of it ..

27055825

1,462 posts

Posted by 27055825 > 2 weeks ago | Report Abuse

back to 50 cents soon !!

SKY2

756 posts

Posted by SKY2 > 2 weeks ago | Report Abuse

With the latest award, the company's order book stands at RM1.23 billion, ensuring earnings visibility until 2027, said Fajarbaru in a separate statement.

"With a steady flow of projects and a positive outlook for the industry, Fajarbaru is well-positioned to meet the increasing demands of the market," said its executive chairman Tan Sri Chan Kong Choy.

SKY2

756 posts

Posted by SKY2 > 2 weeks ago | Report Abuse

Above 1.23 B may exlcude Tambun Medical projects , which could be considered as joint ventures

27055825

1,462 posts

Posted by 27055825 > 2 weeks ago | Report Abuse

Slowly n surely

27055825

1,462 posts

Posted by 27055825 > 2 weeks ago | Report Abuse

Need patience

27055825

1,462 posts

Posted by 27055825 > 2 weeks ago | Report Abuse

Fajar is a small cap gem

27055825

1,462 posts

Posted by 27055825 > 2 weeks ago | Report Abuse

Someone is collecting!

Posted by JalanTembok > 2 weeks ago | Report Abuse

Stock analysts that are covering fajarbaru like from RHB need to do a write up in view of the range of the recent positive developments in Fajarbaru. Fajarbaru with having sold off assets in Australia for substantial cash and couple with securing two large projects is ripe for a stock rerating exercise to reflect its current improved valuations that should be reflected by higher stock price.

Posted by JalanTembok > 2 weeks ago | Report Abuse

Its good for like minded value investors to instil confidence for investing in fajar or other investment grade companies. For sometimes investors can have doubts about their investment decisions and keep second guessing whether they made right decision or not.

SKY2

756 posts

Posted by SKY2 > 2 weeks ago | Report Abuse

@JalanTembok, I think u can write a better report lah, I bought 0128 many many years back, anaylsts started to write the reports 5 years after I bought the shares .. Frontken now is considered aTech Gem lor ...

27055825

1,462 posts

Posted by 27055825 > 2 weeks ago | Report Abuse

@SKY2 agreed on the private equity funds but who is pressing it down to stop the uptrending?

SKY2

756 posts

Posted by SKY2 > 2 weeks ago | Report Abuse

Maybe some who borrowed scripts from "other channels " to sell below 40 sen earlier, by right they would have to buy back shares to return back some time later ..but continue to sell n block prices from going up to fast .

SKY2

756 posts

Posted by SKY2 > 2 weeks ago | Report Abuse

Good if private equity funds buy up the shares

Posted by JalanTembok > 2 weeks ago | Report Abuse

By right, fajarbaru's share price should have gone up upon the series of positive news. Yet its still languishing at around 0.42. It really takes the patience of a Saint to wait for its share price to rise in reflection of positive news flow.

SKY2

756 posts

Posted by SKY2 > 2 weeks ago | Report Abuse

scripts = shares ...

Posted by JalanTembok > 2 weeks ago | Report Abuse

There is still a month to go before Fajar's next quarterly financial reporting on 20th November. Really hope a good set of financial results will lift Fajar's share price to better reflects on its good fundamentals.

tokhang21

255 posts

Posted by tokhang21 > 2 weeks ago | Report Abuse

Tomorrow is Friday.. we'll see how price moving..

Posted by JalanTembok > 2 weeks ago | Report Abuse

There is supposedly a media event schedule for 22nd October for discussions about the merits of investing in Fajar. This is a good thing for Fajar and should help to galvanise buying interest in Fajar. Also, a security firm suggest Fajar is on an uptrend with resistance at 0.43. If can break through, the first target price is 0.455.

SKY2

756 posts

Posted by SKY2 > 2 weeks ago | Report Abuse

Ya, Fajar fundamentals are getting better with more projects secured n would likely report better profits up to Year 2027. n Techincally after the recent sell down to 35.5sen, current price is above support SMA 9/50/180 n EMA 30 ..so considered strong. Any stock has to go through an "accumulation phase " before a big jump..For example , bankers collected property stocks way back in Sept 2023, then the actual bull run occurred ( 100% up ) in March 2024 or so....so patience is the name of the game. BTW, upcoming budget today may favour construction sector

27055825

1,462 posts

Posted by 27055825 > 2 weeks ago | Report Abuse

Fajar go go go fly

tokhang21

255 posts

Posted by tokhang21 > 2 weeks ago | Report Abuse

close green today?? will continue on monday.. slow and steady

Posted by JalanTembok > 2 weeks ago | Report Abuse

Good to see good old Fajar breaking through the 0.43 resistance level. Now we should see it test the next resistance at 0.455. Very likely the investors/analysts media event also attended by representatives from Fajar will give a further boost to its share price which deserves to be much higher than currently. :)

SKY2

756 posts

Posted by SKY2 > 2 weeks ago | Report Abuse

@JalanTembok, tq for yr effort to promote Fajar to the potential investment groups..

Posted by JalanTembok > 2 weeks ago | Report Abuse

Welcome, Sky2. Value investors should stick together and encourage ourselves. Offering sensible investing ideas such as to buy low for selling high. Investing is not as easy as it seems as there is a lot of psychology involved... mental games. We ourselves are often the worse enemy... investors must understand not to be carried away by fluctuating emotions and sentiments so as to chase speculative stocks or to sell them when market corrected.

Posted by JalanTembok > 2 weeks ago | Report Abuse

Fajar had climbed to 0.44.
Slow and steady; upsy daisy.

tokhang21

255 posts

Posted by tokhang21 > 2 weeks ago | Report Abuse

If fajar breaking resistance 0.445, will fly high

wahidul

266 posts

Posted by wahidul > 1 week ago | Report Abuse

fajar about to break the resistance and fly high

Posted by JalanTembok > 1 week ago | Report Abuse

Soar like an eagle
Into the wild blue yonder

Posted by JalanTembok > 1 week ago | Report Abuse

Eagle coming in against headwind?
One step foward and one step backward... hope it will go higher before today's session is over.

Posted by JalanTembok > 1 week ago | Report Abuse

The eagle had landed...
Maybe try to fly again tomorrow?

Posted by JalanTembok > 1 week ago | Report Abuse

Eagle too fat to take off?

cedcan

403 posts

Posted by cedcan > 1 week ago | Report Abuse

Come on ....

Posted by JalanTembok > 1 week ago | Report Abuse

Now stomach needs to take control from the mind to navigate through further retracement downward and wait for better days in the future.

Post a Comment
Market Buzz