Posted by melovesony03 > 2015-02-16 11:22 | Report Abuse

I think afternoon will have another round of show do you guys think so?

Posted by LCX1992 > 2015-02-16 11:27 | Report Abuse

Yes. I believe !

Posted by cirref > 2015-02-16 11:45 | Report Abuse

overbought, some correction needed

Posted by melovesony03 > 2015-02-16 12:18 | Report Abuse

Round 2 should starts 2pm..now engine warming up Liao heheh

Posted by LCX1992 > 2015-02-16 12:32 | Report Abuse

A good digestion so far. Hmm see you guys at 1.8

Posted by melovesony03 > 2015-02-16 12:43 | Report Abuse

Agreed..sorry amendment ..should be after 230pm

Posted by soon9913 > 2015-02-16 12:45 | Report Abuse

what happened ..? turbo engine

Posted by Steven Wong > 2015-02-16 14:54 | Report Abuse

riff - interesting analysis. Anyway, I exited yesterday at 1.49. Time to let other ppl trying to make some money.

Posted by nickychang > 2015-02-16 16:51 | Report Abuse

traditional way to let go warrant? goreng mother up, and lari anak. anak dah lepas habis. mother also lepas.

Posted by LCX1992 > 2015-02-16 16:58 | Report Abuse

Tp is not 1.97 anymore.

Posted by Harryt30 > 2015-02-16 19:34 | Report Abuse

I think it shoots up too fast, 68% within 1.5 months. Correction may come.

Posted by apini > 2015-02-16 19:55 | Report Abuse

I sailang today, profit 48%.

Posted by gohcheehoh > 2015-02-16 23:28 | Report Abuse

When February end result out, HLG need to revise the TP upward again. If MITRA can secure ONE similar contract size like nov/dec/jan awarded contract value then MITRA NEW TP SHD BE RM 2.5

Posted by jcwm22 > 2015-02-17 01:56 | Report Abuse

Riff, if u have been around, u would know that warrants lose their premiums as they edge closer to their expiry date. There is nothing fishy about there being a discount. Besides, it is only today that there has been a discount to the share. And why overplay a discount of 6.5 sen. U r also ignoring the fact that it is not logical for investors to be willing to pay a premium for a warrant that expires in 17 months. Would u want to buy mitra-wc at 80 sen, since u say there should be a premium?

Posted by jcwm22 > 2015-02-17 02:02 | Report Abuse

Harryt30, if it went up 68% in 1.5 months, it is because investors consider it to be grossly undervalued. It is up that much because of fundamentals and because it can go higher. So, please talk sense.

Posted by LCX1992 > 2015-02-17 08:52 | Report Abuse

Jcwm. U got me. That's something sensible.

Posted by cirref > 2015-02-17 09:06 | Report Abuse

that's theoretical...truth is it went up 68% because of HL's report, masses chasing TP

Posted by cirref > 2015-02-17 09:50 | Report Abuse

thanks pondan

Posted by melovesony03 > 2015-02-17 23:03 | Report Abuse

One of my birthday wish to let Mitra fly tomorrow again or next Monday hehehe cross fingers

Posted by kaitun78 > 2015-02-18 12:39 | Report Abuse

1.65 today

Posted by 8wpwtmt8 > 2015-02-18 12:51 | Report Abuse

http://www.klse.my/stock/result/qr/quarter/9571.jsp

4th quarter results expected to be out 27.02.2015. Hope that it is within expectation and a new target price can be set by HL Reasearch.

Posted by melovesony03 > 2015-02-18 13:30 | Report Abuse

Yeah hahaha

Posted by 8wpwtmt8 > 2015-02-18 19:20 | Report Abuse

Hazel Lee Mei Gin: Started Ifca 3 months ago. Last week bought Mitra. Any idea TP for Mitra.

I just bought Mitra today at RM1.60. HLG gives TP RM1.97. If fall below RM1.60, I will keep on to averaging down until RM1.30.

Posted by Hazel Lee Mei Gin > 2015-02-18 21:15 | Report Abuse

Good.lets do it

Posted by Slick > 2015-02-19 10:10 | Report Abuse

Hazel, I was wondering the same thing. What's the TP for Mitra?
In the meanwhile, you might want to watch this:

https://m.youtube.com/watch?v=caIIOU-EImw

Posted by johnny cash > 2015-02-19 11:40 | Report Abuse

Wow only HLG are actively having coverage on mitra, how about any other research houses,, any known political figure with this company???

Posted by crystalball > 2015-02-19 13:11 | Report Abuse

happy new year , huat ar

Posted by melovesony03 > 2015-02-21 08:13 | Report Abuse

Hmmm..Monday we goingy yo have a good show liao..Dow Jones up on Friday due to Greece which have reached an agreement to fund 4 mths more by euro side !!! great!!!

Posted by valueinvestor > 2015-02-23 15:07 | Report Abuse

Maintain BUY, RM1.97 TP
Mitrajaya is an under researched hidden gem which offers visible yet superior earnings growth at bargain valuations of 5.6x and 4.6x FY15-16 P/E (FY14e: 8.4x) coupled with attractive yields of 3.6-6.5%.
Mitrajaya is our top pick amongst small cap contractors.

Our TP is based on an unchanged 10x FY15 earnings, inline with our target valuation parameter for small cap contractors.
For an alternate valuation perspective, Mitrajaya’s net land value alone is already worth RM1.88.
>> Our blue sky target for Mitrajaya could stretch to RM2.84, based on 12x FY16 earnings.<<

Source: Hong Leong Investment Bank Research - 28 Jan 2015
23/02/2015 15:06

Posted by gohcheehoh > 2015-02-23 22:28 | Report Abuse

MITRA on right track heading to rm 1.8 and high chance to exceed rm 2.0 if coming result announcement is great.

Posted by greatinvestor > 2015-02-24 18:36 | Report Abuse

Results are good!

Posted by melovesony03 > 2015-02-24 18:57 | Report Abuse

Indeed! Yes! Tomorrow we ready to fly! And it also might give 5 San dividend which is in proposing stage based on the quarterly result there..

Posted by valueinvestor > 2015-02-24 19:58 | Report Abuse

http://announcements.bursamalaysia.com/EDMS/edmsweb.nsf/all/D7C517E4B924245148257DF60038D57A/$File/Mitrajaya%20Q4%202014.pdf
Exciting prospect as per its report with RM1.88 bil worth of contracts to be completed in early 2018. Effectively, it means that its construction segment alone will contribute at least RM600 mil revenue per annum in the coming 3 years, not to mention its own property development segment.
It has also demonstrated strong profit growth in the last 2 years.
No wonder it is HLIB's top pick for the mid-cap construction segment.

Posted by riff > 2015-02-24 20:41 | Report Abuse

Crazy growth track, every quarter keeps improving. 5 cent dividend. Yeahh!!

Posted by tjhldg > 2015-02-24 23:14 | Report Abuse

heheheheh ... cheerrrsssssssssssssss

Posted by gohcheehoh > 2015-02-24 23:41 | Report Abuse

Good result. With the on hand contract and track record of getting for new projects, MITRA should exceed rm 2.5 with 6 months. 50% upside

Posted by melovesony03 > 2015-02-25 08:44 | Report Abuse

Opening today should trade at rm1.750 and then before lunch rm1.800 praying hard now hehehe

Posted by cirref > 2015-02-25 08:52 | Report Abuse

expected results

Posted by ppginvest > 2015-02-25 09:25 | Report Abuse

sell on news is always true

Posted by ppginvest > 2015-02-25 09:26 | Report Abuse

but later will climbing up strongly

Posted by keng88 > 2015-02-25 09:55 | Report Abuse

selling masih kuat...

Posted by melovesony03 > 2015-02-25 12:43 | Report Abuse

Hopefully afternoon will recover back smile and wink

Posted by ethanyong > 2015-02-26 09:52 | Report Abuse

no transaction today?

Posted by cirref > 2015-02-26 10:00 | Report Abuse

results out, profit taking...now new news....

Posted by lymc_88 > 2015-02-26 11:40 | Report Abuse

i like how the warrant is trading as if the strike is RM1. Strike is actually RM0.90

Posted by riskabsorber > 2015-02-26 16:43 | Report Abuse

is anyone noticed that the warrants are trading in discount ? Instant 6% gain if convert the warrant into mother share with RM0.90.

Posted by valueinvestor > 2015-02-26 20:29 | Report Abuse

http://cdn1.i3investor.com/my/files/dfgs88n/2015/02/26/1482034595--1783500468.pdf

Posted by gohcheehoh > 2015-02-27 01:30 | Report Abuse

MITRA will slowly climb up n test new high of exceed rm 2. The price can reach rm 2.5 if able to win another project similar size like nov/dec/jan contract value

Posted by lymc_88 > 2015-02-27 09:58 | Report Abuse

@gohcheehoh, mind sharing how you come to the rm2 TP? wanna learn :D

Posted by anderson anderson > 2015-02-27 10:07 | Report Abuse

Guys, watch out for another construction counter to make money! Suncon, listing 2nd quarter. Now Sunway shares going to explode , good special dividend too coming!