MERCURY INDUSTRIES BHD

KLSE (MYR): MERCURY (8192)

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Last Price

0.915

Today's Change

+0.01 (1.10%)

Day's Change

0.90 - 0.915

Trading Volume

34,200


2 people like this.

367 comment(s). Last comment by Viable4Everything 2024-08-01 18:57

Diamond7

2,399 posts

Posted by Diamond7 > 2018-07-17 20:33 | Report Abuse

Any hot news?

Diamond7

2,399 posts

Posted by Diamond7 > 2018-07-26 16:37 | Report Abuse

Good news coming?

Diamond7

2,399 posts

Posted by Diamond7 > 2018-07-26 16:45 | Report Abuse

Suddenly so many buyers at 1.30!!!

Posted by commonsense > 2019-02-05 09:02 | Report Abuse

Between FY10 to FY16, Mercury Industries has always been able to deliver a profit of between RM5mil to RM6mil annually backed by the current construction business (under Paramount Bounty) and the now disposed paint manufacturing business (under Silverlight Prospects). In general, both businesses would have contributed an almost similar amount of profit to the Group year on year.

In FY17, the company decided to focus more on its construction business and sold off Silverlight Prospects for a gain of disposal amounting to RM9mil. The decision to focus on construction was mainly due to the high prospects from big government projects. This backfire when the company fails to deliver any meaningful profit growth since the disposal and seems to be stuck in an industry that is now in a declining period (given the government decision to review, delay or cancel most of the big project under the previous administration).

For 9m18 the company had only managed to deliver a profit of RM1.8mil, which is less than half of 9m17 profit of RM3.8mil (excluding profit from discontinue business and gain on disposal). Assuming the company will end FY18 with RM2.5mil profit, at the current share price the company would be valued at 15.2x PE which is a bit high given that the average PE for construction companies are now below 10x.

If you are looking to diversify your portfolio outside of Mercury Industries (due to its weak earnings outlook and relatively high valuation), I would recommend you to look at MBMR.

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.9x PE (based on target FY18 profit of RM145mil. 9m profit is already RM106mil). PB is low at only 0.7x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17.

FY19 growth will be driven by the still high demand of the new Myvi and the newly launched SUV Aruz and also the newly revamp Alza in 2H19. The recent announcement of closure and potential disposal of the loss-making alloy wheel manufacturing business alone is expected to boost the company’s profit by an additional RM20mil. I am projecting a profit to shareholder of RM170 mil for FY19 which at the current price values MBMR at only 5.9x PE.

Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions. There are 8 analysts in total covering the stock with most of them having a TP of above RM3 (all have a buy rating). The average TP for the 8 analysts is around RM3.50.

Good luck.

Posted by nicedurians > 2020-08-12 15:33 | Report Abuse

what's going on with this counter?

Diamond7

2,399 posts

Posted by Diamond7 > 2020-08-12 18:20 | Report Abuse

I oso wonder!
Gap up beautifully!
Any bonus or special dividend?

apolloang

18,163 posts

Posted by apolloang > 2020-08-12 18:22 | Report Abuse

UMA

Diamond7

2,399 posts

Posted by Diamond7 > 2020-08-12 18:56 | Report Abuse

Probably the coming quarterly report must be very good!

boonkeng16

163 posts

Posted by boonkeng16 > 2020-08-12 20:35 | Report Abuse

Will kena suspend for unusual activity

Diamond7

2,399 posts

Posted by Diamond7 > 2020-08-12 21:05 | Report Abuse

Poor thing! Kena suspension!

Diamond7

2,399 posts

Posted by Diamond7 > 2020-08-19 10:28 | Report Abuse

Something is brewing izzit?
Why so abnormal?

dompeilee

11,888 posts

Posted by dompeilee > 2020-12-16 14:44 | Report Abuse

Bought Mercury. Recommended 2 clients last wk.

FutureGains

10,729 posts

Posted by FutureGains > 2020-12-16 18:52 | Report Abuse

ooook

Diamond7

2,399 posts

Posted by Diamond7 > 2020-12-17 06:01 | Report Abuse

Small capital....
Construction theme play....
Soon will be running like cheetah.....

dompeilee

11,888 posts

Posted by dompeilee > 2020-12-17 16:15 | Report Abuse

Limit UP pls!!! =)

Diamond7

2,399 posts

Posted by Diamond7 > 2020-12-17 16:30 | Report Abuse

Yes!

Hooray

Up up up
Today touch 0.95 cents already!!!

Good news coming....

Diamond7

2,399 posts

Posted by Diamond7 > 2020-12-17 16:31 | Report Abuse

Please dun limit up

Up up slowly ..

Day by Day...

Diamond7

2,399 posts

Posted by Diamond7 > 2020-12-18 13:19 | Report Abuse

Vow! 0.96
Any news?
Anybody can share?

dompeilee

11,888 posts

Posted by dompeilee > 2020-12-18 18:51 | Report Abuse

Goreng here...goreng there...enjoy the ride! I am =)

Diamond7

2,399 posts

Posted by Diamond7 > 2021-04-07 11:49 | Report Abuse

Mercury temperature is rising!!!

dompeilee

11,888 posts

Posted by dompeilee > 2021-04-07 14:42 | Report Abuse

dompeilee Bought Mercury. Recommended 2 clients last wk.
16/12/2020 2:44 PM

Go...goooo...GOOOOO! =D

dompeilee

11,888 posts

Posted by dompeilee > 2021-04-07 15:11 | Report Abuse

Time 2 liiii....miii.....*censored*

dompeilee

11,888 posts

Posted by dompeilee > 2021-04-07 15:46 | Report Abuse

1.01 !!! Oh yeah oh yeah OH YEAHHH....luckily I bought some more in Feb @ 83c! =D

dompeilee

11,888 posts

Posted by dompeilee > 2021-04-07 16:49 | Report Abuse

WoW!!! 100000 buying @ 1.01 @ the close...Hooosayyyy!!!

dompeilee

11,888 posts

Posted by dompeilee > 2021-04-08 10:26 | Report Abuse

Huge block of 223k shares Q-ed to buy @ 1.10 =)

Posted by maryanne > 2021-04-08 11:16 | Report Abuse

Up up..

Diamond7

2,399 posts

Posted by Diamond7 > 2021-04-08 19:57 | Report Abuse

Will move up slowly...
NTA bout 1.59

py1818

1,730 posts

Posted by py1818 > 2021-04-11 15:12 | Report Abuse

Wednesday up. Thursday up. Friday up a bit.
For no reason. Share continue to go up until news comes out. Then plunge. This is called sell on news.
Careful. Don't get caught at the top like signature international. Reached 1.17 from 0.40. News comes out at 2:15 pm. 2:30 same day , within 3 minutes plunge 0.17.

py1818

1,730 posts

Posted by py1818 > 2021-04-11 15:13 | Report Abuse

Take profit while can.

py1818

1,730 posts

Posted by py1818 > 2021-04-11 15:18 | Report Abuse

Signature warrant A drop from 0.165 when signature was 1.17 at its highest to now 0.01.
This means if you invested rm 10,000 in warrants you are left with rm 100 now.

py1818

1,730 posts

Posted by py1818 > 2021-04-11 15:21 | Report Abuse

Lucky no warrants for this counter.

py1818

1,730 posts

Posted by py1818 > 2021-04-11 15:29 | Report Abuse

I won't buy because late to the game. Should have bought at wednesday.

py1818

1,730 posts

Posted by py1818 > 2021-04-12 18:32 | Report Abuse

Just as i suspected. It sounds too good to be true.

dompeilee

11,888 posts

Posted by dompeilee > 2021-06-21 17:43 | Report Abuse

C'mon....LIMIT up!!!!!

Regalia

68 posts

Posted by Regalia > 2021-06-23 04:53 | Report Abuse

got action woh...

Posted by PennyStock123 > 2021-06-24 16:01 | Report Abuse

Bruce Willis - Mercury Rising

dompeilee

11,888 posts

Posted by dompeilee > 2021-06-24 16:49 | Report Abuse

Tomorrow...LIMIT up

Diamond7

2,399 posts

Posted by Diamond7 > 2021-07-08 19:53 | Report Abuse

Mercury.... temperature rising!

BigZakar

261 posts

Posted by BigZakar > 2021-07-23 13:27 | Report Abuse

limit up is near.................my dear MERCURY

Posted by risktoreward > 2021-07-25 14:19 | Report Abuse

done @ 1.08, all 1.08 done by me

Posted by risktoreward > 2021-07-25 14:20 | Report Abuse

still queuing if anyone wants to throw

Posted by risktoreward > 2021-07-29 10:10 | Report Abuse

LU!

dompeilee

11,888 posts

Posted by dompeilee > 2021-07-29 11:18 | Report Abuse

dompeilee Tomorrow...LIMIT up
24/06/2021 4:49 PM

Prediction fulfilled....one month late =)

Sogrind

3 posts

Posted by Sogrind > 2021-07-29 12:14 | Report Abuse

Tp at wat price? Should go higher

mf

29,392 posts

Posted by mf > 2021-07-29 14:26 | Report Abuse

Kecoh di parlimen, MP jerit 'derhaka'

Diterbitkan 29 Jul 2021, 2:17 pm
Dikemaskini 2:18 pm
A+
A-
PARLIMEN | Dewan Rakyat menyaksikan gema suara ahli parlimen yang menjeritkan kata "derhaka" selepas kenyataan Istana Negara memaklumkan Yang di-Pertuan Agong Sultan Abdullah Sultan Ahmad Shah bertitah "amat dukacita" dengan pembatalan Ordinan Darurat.

dompeilee

11,888 posts

Posted by dompeilee > 2021-07-30 09:42 | Report Abuse

SOLD 60% of my Mercury @ 1.42

Posted by Investgaogao > 2022-05-19 17:34 | Report Abuse

Company like that still not PN17??

Posted by PennyStock123 > 2022-06-15 16:22 | Report Abuse

Mercury Rising

Posted by Viable4Everything > 2024-08-01 18:57 | Report Abuse

Mercury is an interesting stock. Despite consecutive losses, it still managed to maintain the RM1 level

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