Posted by kinkudes_hc > 2014-08-12 13:59 | Report Abuse

really explode kaw kaw this MITRA

Posted by stkoay > 2014-08-12 14:52 | Report Abuse

Going to break RM1...............

Posted by systane > 2014-08-12 15:20 | Report Abuse

No news.. then definitely insider already knows the Q report..

Posted by cswhyy > 2014-08-12 15:37 | Report Abuse

nice move

Posted by Joel > 2014-08-12 15:57 | Report Abuse

From: Lim Sae Wai /OSKRE/MY
Sent: Tuesday, 12 August, 2014 10:17 AM
Subject: Mitrajaya Holdings - technical outlook

Dear all,

Stock price of Mitrajaya Holdings is active (at MYR0.92 now) and up by 5.5 cents or 6.4% currently, off the highs.


The bull run started in mid-March, and reached MYR0.935 on 19 May before pulling back and consolidate. A second attempt to breach the MYR0.935 high on 17 June was failed.

So far today, the stock climbed strongly and made an intraday high of MYR0.935 as well. So the MYR0.935 looks like the key resistance level currently.


Although technically the stock is still consolidating, I see today’s move as positive because:

· The stock breached the downtrend line as indicated below

· Strong white candle and attempt to re-test the MYR0.935 level

· Back above the 50-day moving average.


A breach of MYR0.935 on would obviously be positive. General trend is upwards, and a breakout above MYR0.935 may be followed by a bullish continuation.


Target price at MYR1.12 followed by MYR1.20.

Potentially rising !

Posted by Joel > 2014-08-12 16:34 | Report Abuse

明天早上极大可能OPEN RM1.00 以上!
今天最好买入。 （个人看法）

Posted by Davidtheman > 2014-08-12 19:22 | Report Abuse

Bought 1000lots at 95.5sen. Celebrating!!!

Posted by promaxsam > 2014-08-12 19:24 | Report Abuse

not hurry will go down some for your to buy , today huge volume at least need few days to digest

Posted by SilentBird > 2014-08-12 21:44 | Report Abuse

There is no late buy or early buy.. As long as fundamental good .. Profit can be reaped .. Just need to be patient .there is always a correction and let you shop and masuk stock.. This is a good counter but need time to get maximum explosive .. :)

Posted by meena > 2014-08-12 22:10 | Report Abuse

Some other news going to announce soon

Posted by Davidtheman > 2014-08-13 06:28 | Report Abuse

Dividend soon. Nice. 2k in pocket first

Posted by johnnyng8 > 2014-08-13 09:43 | Report Abuse

Same 2u. Bought 0.875 sold 15k x 1.01 take profit 1.8k first

Posted by Alfred Aun > 2014-08-13 10:15 | Report Abuse

The shares price drop back because of a lot of investors profits taking, rite?

Posted by yoyoma829 > 2014-08-13 10:55 | Report Abuse

MACD : Bullish
Stochastic: Bullish
RSI : Bullish
Trend: Bullish

http://klse.i3investor.com/blogs/kenangaresearch/57630.jsp

Posted by bamboobursa > 2014-08-13 16:35 | Report Abuse

Guys, wait for the correction to increase lot. Source said it'll reach 3 times its value after Q3 . * just my view. Buy at your own risk*

Posted by raysim88 > 2014-08-13 17:07 | Report Abuse

Hi bamboobursa, what did you mean 3 times its value? For example TP = 0.99 x 3 = 2.97?

Posted by presint > 2014-08-13 21:26 | Report Abuse

good day...
can somebody enlightened me what will mitra-wc price once mitra hit 1.25 (tp by kenanga)?

Posted by bamboobursa > 2014-08-13 23:34 | Report Abuse

Hi raysim88. yes, that is exactly what i meant. but it came from a weak source. so i dont have high expectation on it. but from my technical analysis, nearest TP should be 1.15.

Posted by Davidtheman > 2014-08-14 06:35 | Report Abuse

Rm2.35 is the tp base on future project with fundamental analysis

Posted by spaghetti932 > 2014-08-14 15:44 | Report Abuse

wow ... for those target price that more than RM2, i think they need to hold it for quite sometimes ... atleast 2 years, maybe?

Posted by usry > 2014-08-14 16:01 | Report Abuse

i just target RM1.30 if 2nd Quarter is positive.

Posted by huatGor > 2014-08-14 22:24 | Report Abuse

Huat huat counter... 2nd quarter report pls open big

Posted by Joel > 2014-08-15 09:27 | Report Abuse

TP RM2.00 IN not more than 1 year.

Posted by presint > 2014-08-15 11:03 | Report Abuse

most of this projects can be reflected in their 2nd quarter result,yes?

------------------------------------------------------------------

Ots order book is at an all time high of rm1.2 billion. With that the company is positive on churning out strong earnings growth at least in the next two years from 2014.

Its main line of business is in the construction of infra projects and building works. It aims to secure an additional rm300 million worth of jobs to boost its order book of rm1.5 billion for FY2014.

It derives some 64% of its revenue from its construction division.

The company inked a rm227 million a deal with UEM Sunrise Bhd to build a condominium block in Cyberjaya. The largest outstanding contract in its order book is an rm428 million job involving the MACC building in Putrajaya.

It is currently (May 2014) tendering for rm1.75 billion worth of construction and infra jobs.

Mitrajaya’s property development segment could be another growth engine.

In the next few years from 2014, the potential to realize all these land bank in terms of value would give it a substantial cash flow. In the 2015 to 2016 period, its group revenue should increase significantly.

It is preparing to unlock the value of its over 200 acres of landbank in Bintang, Selangor and Melaka.

It had no plans in terms of acquisition of new land.

It was reported that its land bank was undervalued, which has not been revalued for many years. The value of the company’s 257.65 acres of landbnk is estimated to have almost quadrupled to rm624 million from its book value of rm160 million as at end 2013.

The company has plans to develop high end bungalow units in Pulau Melaka spanning 17.84 acres of reclaimed land.

The estimated land bank value is nearly double that of the company’s market cap of rm337 million based on rm0.855.

Mitrajaya owns 180 acres of freehold land in Bintang that is targeted for a mixed development by early 2016.

Its plan over the next few years from 2014 also includes the development of three blocks of luxury condominiums in Wangsa Maju with a GDV of rm650 million and a mixed development in Puchong Prima with a GDV of rm1 billion.

Besides its operations in Malaysia, it also has a self sufficient property development business in South Africa which has an undeveloped landbank of 152 acres.

credit to:

http://hongwei85.blogspot.com/2014/05/mitrajaya.html

Posted by stkoay > 2014-08-15 15:39 | Report Abuse

RM1......

Posted by Alfred Aun > 2014-08-15 16:05 | Report Abuse

WoW..it.rebounce finally.

Posted by usry > 2014-08-15 16:11 | Report Abuse

no comment.. just watch the show.. $$$ coming..

Posted by bursajames > 2014-08-15 16:11 | Report Abuse

buy

Posted by Alfred Aun > 2014-08-15 16:18 | Report Abuse

uptrend now, may be next week will reach at 1.10...

Posted by Joel > 2014-08-15 16:20 | Report Abuse

maybe now will close rm1.05 !

Posted by usry > 2014-08-15 16:34 | Report Abuse

If closed RM1 also can for this time.. keep some energy to continue a journey next week.

Posted by bamboobursa > 2014-08-15 17:15 | Report Abuse

Yeappp. Give it some time. Next week gonna be a good week i reckon! Buy during correction guys.

Posted by Amir Bin Hamzah > 2014-08-15 17:28 | Report Abuse

target price rm1.20

Posted by mwmw > 2014-08-15 17:53 | Report Abuse

http://sharesinfo4u.com/archives/9489

TP 1.2x

Posted by valueinvestor > 2014-08-15 17:53 | Report Abuse

TP:RM1.25 http://klse.i3investor.com/blogs/kenangaresearch/57630.jsp

Posted by Joel > 2014-08-15 21:40 | Report Abuse

link provided by mwmw is MITRAJAYA !

Posted by mwmw > 2014-08-15 22:52 | Report Abuse

Joey,

yes.. link from the side is MITRAJAYA (9571) . =)

Posted by Joel > 2014-08-16 08:59 | Report Abuse

when I read ur link info, I noticed that is taking about MITRAJAYA !

Collcet more Mitra ( small contruction campany stock like MITRA very bright future ! )

Posted by Harryt30 > 2014-08-17 13:37 | Report Abuse

Finally closed above RM1.00. RM1.13 wont be far and new target price will come out soon!!haha

Posted by Risk Trader > 2014-08-17 13:40 | Report Abuse

Breakout to new high....next TP will be RM1.30 by next month

Posted by SilentBird > 2014-08-17 14:25 | Report Abuse

good report would be expected in month end..

Posted by valueinvestor > 2014-08-17 17:56 | Report Abuse

http://www.fool.com/ecap/the_motley_fool/homerun-warren-buffett-tells-you-how-to-turn-40-2/?paid=7283&psource=esatab7410860090&waid=7284&wsource=esatabwdg0860078&utm_source=taboola&utm_medium=referral

Maybe have to keep this counter for longer term for more capital appreciation.

http://www.thestar.com.my/Business/Business-News/2014/05/10/Mitrajaya-to-develop-landbank-Company-plans-to-launch-projects-amounting-to-RM2bil-in-GDV-to-realise/

Posted by Joel > 2014-08-18 20:58 | Report Abuse

Good collect at below RM1.00 today !

Posted by master_raikun8 > 2014-08-19 16:52 | Report Abuse

red...

Posted by huatGor > 2014-08-19 19:43 | Report Abuse

Big shark accumulating mode... next week is interesting week huat arrr

Posted by Firebird2 > 2014-08-19 20:02 | Report Abuse

This counter is consolidating around Rm1.00 level for some time. Jiak Sai. I think the Q results should be good. Maybe not be around this level for long once the results are out. Just a personal opinion. Trade at own risk.

Posted by tanyuethan > 2014-08-20 20:36 | Report Abuse

buy at 0.96. TP 1.20!!!

Posted by usry > 2014-08-20 22:45 | Report Abuse

Look like this price will consolidate until ex date 26/8/14 . After that if shark find that Mitra will announce a good Quarter result than by 27 and 28they will 'goreng' but If it quarter result is smelling bad- than we will able to collect at RM0.84 or below level by September.

Posted by nissansuny1234 > 2014-08-21 11:00 | Report Abuse

tomorrow will more trade

Posted by nissansuny1234 > 2014-08-21 11:09 | Report Abuse

warran have dividen?