Posted by luckyman > 2014-11-06 08:27 | Report Abuse

http://m.thestar.com.my/story.aspx?hl=Mitrajaya+bags+RM402mil+job+from+UEM+Sunrise&sec=business&id={F37014CA-82C1-49CF-8C89-80EAE615EC16}

Posted by kai8994 > 2014-11-06 09:52 | Report Abuse

Wow.. Forcasted profit CAGR of 40% for next three years!

Posted by usry > 2014-11-06 09:54 | Report Abuse

look like time for sell half of my stock ( Bough at RM0.95 last week). price not moving fast although news come out.

Posted by Mohd Syazwan > 2014-11-06 11:27 | Report Abuse

I think the price will only move after quarter 3 report is released, no?

Posted by Mohd Syazwan > 2014-11-06 11:40 | Report Abuse

Anyway, some fair point to ponder, Q1 + Q2 EPS ; 6.22 cent, if Q3 & Q4 can contribute another say 3+3 cent = another 6 cent, so total EPS for FY2014 is about 12 cent, Mitra is really generous on dividend, usually 50% of profit, so theres 6 cent, even more than FD rates, with that I rest my case, lol.

Posted by terry88 > 2014-11-06 11:46 | Report Abuse

₩elldone Syazwan!

Posted by nissansuny1234 > 2014-11-06 12:00 | Report Abuse

i lost my chance

Posted by tradeview > 2014-11-06 12:09 | Report Abuse

short term TP1.20. With the new contract which exceeded expectation of HLIB analyst, there is further potential upside to FV of RM1.50

Posted by lirhahs199 > 2014-11-06 12:45 | Report Abuse

after get revised then rerevised

Posted by Mohd Syazwan > 2014-11-06 13:19 | Report Abuse

What's the big deal of getting it revised? Fair la considering the circumstances have changed, contracts won rose to RM 1.4 billion. Revenue increased significantly.

Posted by leslieroycarter > 2014-11-06 14:06 | Report Abuse

@ 5% profit margin for contract 400 mi will give roughly 2.5c per share....from its original 12c per share....to 14.5c per share...

Posted by benjaminye > 2014-11-06 14:39 | Report Abuse

For this type of construction company, the first 6 months always not able to get the breakeven point from the execution, they need to pump in more money to move the job. The profit contribution only able to come in at month 10th onward.

Posted by samer > 2014-11-06 15:18 | Report Abuse

Bright prospect report but stock price slowly losing steam.....

Posted by always_steady > 2014-11-06 15:25 | Report Abuse

can hit 1.50? 50% lagi wo. Sure?

Posted by samer > 2014-11-06 15:28 | Report Abuse

This counter always underrated, stock price upward movement very slow

Posted by terry88 > 2014-11-06 15:30 | Report Abuse

Good fundamental, will come just a matter of time.

Posted by samer > 2014-11-06 15:34 | Report Abuse

At current price, can we still collect?

Posted by terry88 > 2014-11-06 15:47 | Report Abuse

Got xtra money go 4it!

Posted by samer > 2014-11-06 16:56 | Report Abuse

Collected at 0.99

Posted by happy1983 > 2014-11-06 18:45 | Report Abuse

so unlucky, morning enter @1.03 buy at the highest point... OMG...

Posted by dragonlim > 2014-11-06 19:52 | Report Abuse

Will it reach TP 1.52 as given by HLG? Not so comfortable with this TP .....

Posted by valueinvestor > 2014-11-06 21:13 | Report Abuse

http://cdn1.i3investor.com/my/files/dfgs88n/2014/11/06/1481229281--132927237.pdf

Posted by valueinvestor > 2014-11-06 21:49 | Report Abuse

Mitrajaya also owns 180 acres of freehold land in Banting that is targeted for a mixed development by early 2016. The Banting land is said to have appreciated to RM12 to RM15 psf from RM3.71 psf.

Posted by echpoh > 2014-11-06 22:05 | Report Abuse

Source of the above news?

Posted by tradeview > 2014-11-07 12:05 | Report Abuse

Just like Gadang, this is a fundamentally sound construction and property counter.

Posted by samer > 2014-11-07 16:36 | Report Abuse

How come not reflected in stock price?

Posted by nissansuny1234 > 2014-11-08 11:56 | Report Abuse

any bonus issue?

Posted by tradeview > 2014-11-08 16:01 | Report Abuse

The order book swell from few hundred million to over RM 1.6 billion. This is a growth counter, not a contra counter. Mitra will move towards RM 1.2 and subsequently onwards. Give it time.

Posted by gohcheehoh > 2014-11-09 23:51 | Report Abuse

Only sell 1/3 when MITRA exceed 1.5 n wait until it touch rm 2 to sell all.

Posted by bozchry > 2014-11-09 23:57 | Report Abuse

confirm UP!

Posted by luckyman > 2014-11-10 09:05 | Report Abuse

The major shareholder has put in so much effort to secure so much projects over last one year. Obviously he also needs a little bit of time to convert the projects into big profit for the company. When the bigger profit is announced over the next few quarters, chances will be high for the share price of this company to move higher and higher. So, this counter is likely to reward the longer term investors handsomely.

Posted by terry88 > 2014-11-10 10:58 | Report Abuse

I remember few years ago, mitra gave bonus n rights issue, but price opened 50cts dropped to 40cts, hope won happen this time!

Posted by terry88 > 2014-11-10 11:00 | Report Abuse

With so many projects in hands, plus on going development surely rights n bonus issues possible...

Posted by tradeview > 2014-11-10 11:04 | Report Abuse

Agree with luckyman. This is not contra play. It rewards patience.

Posted by terry88 > 2014-11-10 11:10 | Report Abuse

Absolutely

Posted by terry88 > 2014-11-10 11:25 | Report Abuse

Contra players are selling

Posted by terry88 > 2014-11-10 11:30 | Report Abuse

Alot sellers, makes me wondering.

Posted by vegebotak > 2014-11-10 11:36 | Report Abuse

RUN !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Posted by daizan55 > 2014-11-10 11:44 | Report Abuse

@ Vegebotak: Why run?

Posted by smalltimer > 2014-11-10 13:23 | Report Abuse

vegebo looking for toilet ba

Posted by Yoko > 2014-11-10 21:51 | Report Abuse

downtrend babe. sell and buy back

Posted by gohcheehoh > 2014-11-11 00:44 | Report Abuse

For those want to sell n run, pls do it Tue morning. I plan to add 50k to 100k.
With this top up, I can earn at least rm 150k within 7 mths.

Posted by funitec > 2014-11-11 12:18 | Report Abuse

Hi Goh, tradeview, terry, luckyman.Its small time, longterm investor Funitec here. hi n wishing all good luck.I agree with investing in Good counters, Growth prospect, Medium or long term, and Diversifying. Thanks for comments.Bollinger still open but buying interest lagging at present.If buyers come in expect..Good, or Hold.

Posted by Yoko > 2014-11-12 11:34 | Report Abuse

I sold all mine with some profit. Will back back at a much lower price, probably b4 christmas. Good luck. Mitrajaya is currently on a downtrend, my advice is sell and buy back later since this counter have good fundamentals

Posted by nissansuny1234 > 2014-11-12 12:09 | Report Abuse

becare suddenly up

Posted by limchimleong > 2014-11-13 17:19 | Report Abuse

Mr yoko, very happy to see your gain in mitrajaya.

Posted by Yoko > 2014-11-14 01:21 | Report Abuse

Yes Mr Lim, Mitrajaya is a good stock. I will be back

Posted by aa111111 > 2014-11-14 16:05 | Report Abuse

hopefully no other obstacles in making price upward trend

Posted by vegebotak > 2014-11-14 17:23 | Report Abuse

the more obstacles the better.......

Posted by nissansuny1234 > 2014-11-15 13:03 | Report Abuse

next week is more better