Posted by FlappyBird > 2014-05-23 16:55 | Report Abuse

i been holding mitra since 40cents by the way

Posted by SilentBird > 2014-05-23 16:59 | Report Abuse

mega sale has finished for today...

Posted by Firebird2 > 2014-05-23 17:13 | Report Abuse

That's the last mega sales, next week panic buy.

Posted by MrWealthy4321 > 2014-05-23 17:15 | Report Abuse

next week better lah

Posted by SilentBird > 2014-05-23 17:17 | Report Abuse

Mitra boleh..

Posted by BumbleBee > 2014-05-23 17:18 | Report Abuse

http://shareinvestormalaysia.com/3-sure-signs-stock-market-pullback/

Posted by Kian Sing Chan > 2014-05-23 17:36 | Report Abuse

shaken, i mean mother share, this stock has bullish for a long period, is time to pull back like knm, those who support now tot monday must bull again, good luck, may god always be with u, if wan to stop loss can try on monday morning, hehe...profit in the pocket...

Posted by Lim Elson > 2014-05-23 17:45 | Report Abuse

http://klse.i3investor.com/blogs/kianweiaritcles/52571.jsp

this one let me smile something in forum... some keep coming out the article said buy this stock. that stock. good to buy, better sell.....

are they the rabbit too???

Posted by FlappyBird > 2014-05-23 17:57 | Report Abuse

no need to argue time will tell :)

Posted by Joel > 2014-05-24 22:44 | Report Abuse

Forecasts. We forecast its net profit to grow by 52% and 31% in FY14 and FY15 to RM38.3m and RM49.9m, respectively. The earnings growth is based on the following assumptions: (i) orderbook burn rate of 33%-35%, (ii) new contracts assumption of RM300m per annum, (iii) unbilled sales of around RM80m coupled with expected new sales of RM50m-RM115m in FY14-FY15.

- Fairly valued at RM1.13, TRADING BUY. We reckon that this under researched stock, Mitrajaya, is one of small-cap stocks with good growth prospect that worth considering given its visible earnings growth prospects. At current price, Mitrajaya appears very cheap as it is only trading at Fwd-PER15 of 6.0x against its small-cap peers average Fwd-PER of 8x-10x. Benchmarked at 9x fwd-PER on FY15 earnings, Mitrajaya is fairly valued at RM1.13. TRADING BUY, as the stock offers 50% potential upside

Posted by Joel > 2014-05-24 22:45 | Report Abuse

Mitrajaya’s earnings have reached an inflection point after its core net profit (netting off the RM4.2m land disposal gain in Rawang) grew significantly by 40% to RM25.1m in FY13, driven its construction and property divisions. According to the management, its orderbook has reached its all-time high of RM1.2b (3.3x to FY13 revenue), 140% higher than that of its previous historical high of RM500m. As for its property division, there is RM80m locked-in sales, which will be recognised this year and about RM146m ready stock yet to be sold. Based on our conservative analysis, we forecast Mitrajaya’s core earnings could at least report high double digit net profit growth of 52% and 31% in FY14 and FY15. This is substantially higher than that of our construction universe’ aggregate FY14-FY15 earnings growth forecast of 16%-9%.

- Tenderbook of RM1.75b, targeting to win at least RM300m this year. Tenderbook includes: Petronas RAPID project (RM600m), building works for Ikano Cochrane (RM350m), infra projects for ECERDC (RM300m), building works for Bandar Setia Alam (RM300m), and building works for Putrajaya (RM200m). The management expects to win at least RM300m this year and that, we believe, will be coming mainly from building works in Putrajaya and other infra projects. Note that Mitrajaya has established a long-term relationship (10 years) with Putrajaya Holdings through its excellent project delivery track record. The latest project they secured with Putrajaya Holdings Bhd was the RM427m MACC Building last year. With this track record and background, we believe Mitrajaya is well-placed to win more contracts from Putrajaya.

Posted by Joel > 2014-05-24 22:45 | Report Abuse

Key catalyst for property division: Wangsa Maju. Mitrajaya will be launching a property project comprising 3-blocks of luxury condominiums in Wangsa Maju starting 4Q2014. Total GDV for the whole project is estimated at RM650m and it is located right opposite Wangsa Walk Mall and is only 150m away from Sri Rampai LRT station. Despite the property cooling measures, we believe this project will achieve strong take-up rates due to the strategic location. According to the management, 1st phase of the project will be around RM200m and we expect this project to contribute significantly from FY16 onwards.

- Other businesses to support earnings growth. We understand Mitrajaya has other businesses, including (i) a 51% stake in Optimax Eye Specialist Sdn Bhd, one of the largest optical companies in Malaysia and (ii) 152 acres of bungalow vacant lots and 18-hole golf course in South Africa. The former contributes about close to RM1.0m last year while the latter contribute about RM5.0m last year mostly through land sales. We expect at least it could maintain the same quantum of last year’s profit through land sales. We believe these two divisions will likely continue to support its earnings growth in the foreseeable future.

Posted by kheng > 2014-05-26 01:54 | Report Abuse

It's currently in bullish channel trend. 23/5 price movement indicated reversal trend for dipping below 0.85 s1 intraday. To confirm today whether it's a bearish trap or breakout today.

Posted by martiniclub7 > 2014-05-26 07:21 | Report Abuse

Trade with caution, the news on Mitra released today. Buy on rumors and sell on news. Good luck guys

Posted by Kian Sing Chan > 2014-05-26 09:08 | Report Abuse

where can see the news?

Posted by davidkkw79 > 2014-05-26 09:21 | Report Abuse

hurry up, last call to buy in, don't miss out this ultimate goreng activiti !

Posted by riff > 2014-05-26 09:34 | Report Abuse

Hahahah, keep dropping pls. I'll enter when it reaches 70 cent and below ;)

Posted by Lim Elson > 2014-05-26 09:37 | Report Abuse

0.82 buy in and 0.84 buy in

Posted by riff > 2014-05-26 09:46 | Report Abuse

Stop chasing after the falling knife.

Posted by sweecheng > 2014-05-26 09:48 | Report Abuse

hold or sell ??

Posted by davidkkw79 > 2014-05-26 09:51 | Report Abuse

don't worry about the falling knife, big shark would easly to let go, still can goreng

Posted by cirref > 2014-05-26 09:58 | Report Abuse

shows over guys

Posted by countfind > 2014-05-26 10:01 | Report Abuse

distribution? I feel will go to tp 1.13 HOLD if got means
trade within your means,and own decision

Posted by unemployed > 2014-05-26 10:02 | Report Abuse

Fierce comeback

Posted by vegebotak > 2014-05-26 11:00 | Report Abuse

Cannot hold....... sell 1st buy later . Volume getting lesser n lesser. The sign is there.

Posted by Johnson Lam > 2014-05-26 11:03 | Report Abuse

Still got hope?

Posted by Beh Marcus > 2014-05-26 11:30 | Report Abuse

No offer Liao hihihihi

Posted by sweecheng > 2014-05-26 11:55 | Report Abuse

stable!

Posted by bigturtle2010 > 2014-05-26 15:10 | Report Abuse

still can hold??? haiz

Posted by martiniclub7 > 2014-05-26 15:20 | Report Abuse

Sell for short term players, hold if you're a long term player. If you have anymore money, collect every 5sen down.

Posted by Beh Marcus > 2014-05-26 16:01 | Report Abuse

Ang Ang huat ar

Posted by vegebotak > 2014-05-26 16:10 | Report Abuse

will drop more... dont pick up....

Posted by davidkkw79 > 2014-05-26 16:29 | Report Abuse

see u in holland

Posted by vegebotak > 2014-05-26 16:33 | Report Abuse

the more transaction done on lower price today, the more chances it wont up in next few days.... so be careful guys.

Posted by SilentBird > 2014-05-26 16:53 | Report Abuse

accumulate more.. jualan hebat..

Posted by Lim Elson > 2014-05-26 17:12 | Report Abuse

market correction on klse index. Drop even Asia and Euro up///

Will tomorrow KLSE up???

buy mitra just now at 0.83 0.84. tomorrow will buy again if 0.82.

Posted by Shaken > 2014-05-26 17:16 | Report Abuse

No worry ... Yearly divided coming soon ... Will flies ...

Posted by SilentBird > 2014-05-26 17:17 | Report Abuse

this is summer sale...shouldn't miss it ;)

Posted by riff > 2014-05-26 19:04 | Report Abuse

http://www.theedgemalaysia.com/index.php?option=com_content&task=view&id=291170&Itemid=79

Posted by riff > 2014-05-26 19:04 | Report Abuse

2 cent dividend http://www.bursamalaysia.com/market/listed-companies/company-announcements/1634317

Posted by johnny cash > 2014-05-26 19:09 |

Post removed.Why?

Posted by Beh Marcus > 2014-05-26 19:31 | Report Abuse

Huat Liao hihihihi lucky to day got buy abit see tomorrow up or down hihihi

Posted by robot99 > 2014-05-26 19:54 | Report Abuse

Tomorrow will drop below 80......

Posted by genexern > 2014-05-26 20:05 | Report Abuse

smart guys should jump ship upon tomorrow's technical rebound...

Posted by dragonking > 2014-05-26 20:07 | Report Abuse

should buy at 45 sen,,,days later

Posted by optimus8 > 2014-05-26 20:17 | Report Abuse

chinesetea said after break 87c will goto 1.00, 1.17 then 1.30, how come reverse gear?

Posted by sweecheng > 2014-05-26 20:33 | Report Abuse

sour~`mitra~~~huatlai

Posted by FlappyBird > 2014-05-26 20:48 | Report Abuse

ther's 2 team here 1 say shooting star another 1 said tengelam.. and wait to laugh each other.. human..

Posted by optimus8 > 2014-05-26 20:50 | Report Abuse

65c

Posted by Beh Marcus > 2014-05-26 22:15 | Report Abuse

If 0.80 I will buy again hihihi confident mitra will hit the taget and above ......hihihihi an gang huat ar