22 Nov 2017 : Batu Uban Sanctuary project worth RM 245.5 mil which will last for 48 months. 18th Sept 2017 : Bon Estates awarded project in South Bangsar worth RM 291 mil which will last for 32months. 17th Aug 2017: ASPEN IKEA JV project in Penang worth RM 442mil which will last for 38 months, effective Sept 2017. - 1st Aug 2017 : Kerjaya Prospek's arm, Future Rock, was awarded a RM 46 mil project which will last for 10 months ( May 31st 2018).
- 12th July 2017 : Kerjaya Prospek Properties awarded RM 64.2mil project for 14 months
Kerjaya is a well managed company and needs the cash for expansion and purchasing of up front materials without incurring debts. Moreover, Kerjaya pays their supplier on time with cash, something some how not practiced by other construction firms.
A dividend of 5.5sen is 38% higher than the 4sen paid previous year. Moreover Kerjaya is commited to pay up to 25% of its profits as dividends, which is appluadable.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
goldenluck16
1,956 posts
Posted by goldenluck16 > 2017-09-24 16:46 | Report Abuse
Price drops because it's CA is expiring next week..only 2 days left...likely pushed down by MM to pay lower lower cash pay out.