MITRAJAYA HOLDINGS BHD

KLSE (MYR): MITRA (9571)

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Last Price

0.285

Today's Change

+0.005 (1.79%)

Day's Change

0.28 - 0.29

Trading Volume

260,000


16 people like this.

6,004 comment(s). Last comment by SonniaFang 2024-08-09 17:59

alphajack

3,685 posts

Posted by alphajack > 2015-02-28 15:14 | Report Abuse

Very strong company Mitrajaya. EPf will tapau more

cirref

105 posts

Posted by cirref > 2015-03-02 13:29 | Report Abuse

better exit for those who hasn't

gohcheehoh

578 posts

Posted by gohcheehoh > 2015-03-03 00:04 | Report Abuse

I am so glad today correction allow me add on more sahre. Will keeping buying before it reach rm 2.
Existing contract ALONE will give Mitra 3 years healthy grow. Golden opportunity to catch the next wave

gohcheehoh

578 posts

Posted by gohcheehoh > 2015-03-03 23:22 | Report Abuse

What a good bounce back. So happy that's yesterday manage to keep adding.

Posted by Supertonic000 > 2015-03-04 08:12 | Report Abuse

This is a good counter, good for mid and long term investment ...

cirref

105 posts

Posted by cirref > 2015-03-04 14:32 | Report Abuse

tomorrow selling?

ccp78789

201 posts

Posted by ccp78789 > 2015-03-04 14:50 | Report Abuse

if there is a down trend tomorrow then i will add in more...

spy008

177 posts

Posted by spy008 > 2015-03-04 18:26 | Report Abuse

The discount gap between Mitra-WC & Mitra is expanding

Mitra: RM 1.67
Mitra-WC: RM 0.67。

If Buy Mitra-WC + RM 0.90 (Exercise) = RM1.57
No risk gain will be (0.67+0.9)/1.67 = 9.4%

PgCat

342 posts

Posted by PgCat > 2015-03-06 15:56 | Report Abuse

get ready to fly again

PgCat

342 posts

Posted by PgCat > 2015-03-06 16:27 | Report Abuse

yes..buy WC

rosetan

944 posts

Posted by rosetan > 2015-03-06 20:58 | Report Abuse

Is it a good thing that EPF bought a lot of the shares?

naimfm

85 posts

Posted by naimfm > 2015-03-07 17:51 | Report Abuse

Buy WC, should worth at least 0.95-1.00 already. EPF busy collecting mother, leaving wc undervalued.

Harryt30

181 posts

Posted by Harryt30 > 2015-03-07 18:18 | Report Abuse

Very solid support at RM1.60

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-03-07 18:21 | Report Abuse

Mitra WC is in the money now vs mum

Posted by Supertonic000 > 2015-03-10 08:53 | Report Abuse

Watch out wc...

Best 168

671 posts

Posted by Best 168 > 2015-03-10 15:06 | Report Abuse

1.美德再也(MITRA,9571,主板建筑股)的业绩表现如何?

2.请问公司的业务进展是否顺利?

3.公司的股价表现如何,是否值得买进?

Kenanga答:

美德再也(MITRA,9571,主板建筑股)2014财年的净利按年增加83.3%,报5370万令吉,高于我们预期。

公司可观的业绩表现,主要归功于稳健的手持订单、产业销售额和利润赚幅。

展望未来,更加强劲的手持订单和产业销售量,将引领公司迈入更高的盈利基础。

2014财年至2016财年的3年盈利复合年增长率(CAGR)可达至37%。

19亿订单创新高

同时,我们看好33%至43%的手持订单,将在今年和明年捎来盈利贡献,加上今年9.5%的建筑业务赚幅,因此将2014财年和2015财年的盈利预测提高31%至71%。

美德再也总值19亿令吉的订单,已达至历史新高,远超每年3亿至5亿令吉平均手持订单总值,足以让公司在未来3年保持忙碌。

公司分别在2014年和2015年,取得9亿4910万令吉和4亿1670万令吉的新订单,超出我们预期。

美德再也放眼今年再竞得价值10亿令吉的新订单,根据公司目前的表现,我们相信公司能够达成目标。

另外,发展总值为1亿8500万令吉的旺沙第9公寓,首期认购率达69%,而第2期已在去年底推介,目前录得10.1%的认购率。

虽然产业市场趋于放缓,但我们相信第2期旺沙第9公寓,凭着临近轻快铁的优势,能够取得媲美首期公寓的表现,并捎来3000万令吉的产业销售额。

本益比7.7倍比同业廉宜

随着美德再也交出超出预期的盈利表现和手持订单,成为了建筑领域表现最出色的公司,股价自去年6月以来,上涨了80%。

我们认为,作为建筑领域小型股,相较建筑领域同行的8倍至10倍本益比,公司今年的7.7倍本益比更具吸引力,股价仍属“廉宜”。

公司盈利增长前景亮眼,预料股价仍有17.6%的潜在上涨空间,并能够在1.60令吉获得强力支撑,因此将目标价定于1.94令吉,建议投资者“短线买入”。

Best 168

671 posts

Posted by Best 168 > 2015-03-10 15:08 | Report Abuse

Based on a filing to Bursa Malaysia, the provident fund had on Wednesday (March 4) purchased 1.1 million shares or a 0.28% stake in Mitrajaya (fundamental: 1.7; valuation: 1.8), bringing its stake to 5.14%.

The filing, however, did not state the price of the transaction.

Mitrajaya is involved in construction and civil engineering works and property development.

The counter closed at RM1.65 today, up 6 sen or 3.77%, giving it a market capitalisation of RM626.62 million.

spy008

177 posts

Posted by spy008 > 2015-03-10 15:22 | Report Abuse

WC chionggggggggggggggggggggggggg

jepun_77

428 posts

Posted by jepun_77 > 2015-03-10 15:25 | Report Abuse

Write a comment..WC up up away

Best 168

671 posts

Posted by Best 168 > 2015-03-10 15:51 | Report Abuse

UP UP UP

daizan55

165 posts

Posted by daizan55 > 2015-03-10 15:56 | Report Abuse

wow, any good news?

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-03-10 20:39 | Report Abuse

good to see Mitra to start rising again.....happy for wc

gohcheehoh

578 posts

Posted by gohcheehoh > 2015-03-11 01:23 | Report Abuse

Testing new high and heading to rm 1.8

kllee

178 posts

Posted by kllee > 2015-03-11 10:22 | Report Abuse

must stay firm at rm 1.7 first .

tjhldg

27,218 posts

Posted by tjhldg > 2015-03-12 00:16 | Report Abuse

:)

daizan55

165 posts

Posted by daizan55 > 2015-03-12 14:46 | Report Abuse

Above 1.7

Posted by Mohd Syazwan > 2015-03-12 17:40 | Report Abuse

can't break 1.70 lol

voonyoke

1,036 posts

Posted by voonyoke > 2015-03-13 17:46 | Report Abuse

On behalf of the Board of Directors of MHB, AmInvestment Bank Berhad is pleased to announce that the Company proposes to undertake the following:-

(i) proposed bonus issue of up to 222,630,874 new ordinary shares of RM0.50 each in MHB (“Bonus Shares”) on the basis of one (1) Bonus Share for every two (2) existing ordinary shares of RM0.50 each in MHB (“MHB Shares” or “Shares”) on an entitlement date to be determined and announced later (“Entitlement Date”) (“Proposed Bonus Issue”);
(ii) proposed bonus issue of up to 89,052,349 free warrants in MHB (“Warrants-D”) on the basis of one (1) free Warrants-D for every five (5) existing MHB Shares held on the Entitlement Date (“Proposed Free Warrants Issue”); and
(iii) proposed establishment of a new employee share option scheme involving up to 15% of the issued and paid-up share capital of MHB (excluding treasury shares) to eligible directors and employees of MHB and its subsidiaries which are not dormant (“Proposed ESOS”).
Please refer to the attachment for further details on the Proposals.
This announcement is dated 13 March 2015.

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-03-13 19:01 | Report Abuse

gerenti huat!

kseng_99

57 posts

Posted by kseng_99 > 2015-03-13 20:44 | Report Abuse

果然是个有照顾小股东的好股,哪里像gadang那个废股每天在车大炮

chankp7010

614 posts

Posted by chankp7010 > 2015-03-13 21:25 | Report Abuse

Mitrajaya will shot past RM2. and Warrant C will likewise go up to RM1.20 by next week.

gohcheehoh

578 posts

Posted by gohcheehoh > 2015-03-14 00:26 | Report Abuse

Wow. Super announcement. Seem like I got another 2nd teo seng. Same structure on the bonus and free warrant. Yummy yummy...

Posted by Mohd Syazwan > 2015-03-14 06:29 | Report Abuse

wtf????????

Xu Yu Fu

203 posts

Posted by Xu Yu Fu > 2015-03-14 15:08 | Report Abuse

If I buy Mitra share next month will I get the bonus share?

cmchin

146 posts

Posted by cmchin > 2015-03-15 01:15 | Report Abuse

The bonus issue news is it bring any benefit for WC?

ccp78789

201 posts

Posted by ccp78789 > 2015-03-15 01:56 | Report Abuse

Xu Yu Fu, the company is yet to announce the EX-Date for the bonus share..you just have to buy the share before the Ex-Date then you will entitle the bonus share

Posted by Bernard Tan > 2015-03-15 08:02 | Report Abuse

sorry, not very understand the announcement.

For the Bonus share, is it 2 units MITRA can entitile to get 1 unit of Bonus share of MITRA?

For the free warrants, is it 5 units MITRA can entitile to get 1 unit of free warrant of MITRA?

Posted by Unbeatable Nick > 2015-03-15 10:44 | Report Abuse

should buy wc or mother?

Posted by Mohd Syazwan > 2015-03-15 16:40 | Report Abuse

mothershare, get 5c dividend and get free warrant D

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-03-15 16:50 | Report Abuse

Yes Bernard Tan u r right. so in short, u need to buy 5 mother Mitra to be entitled 2.5 bonus + 1 free WD. U r not entitled for the free bonus/ WD should u buy WC. The conversion price will be adjusted down.

Harryt30

181 posts

Posted by Harryt30 > 2015-03-15 19:09 | Report Abuse

I am not sure tomorrow will crazy or not ...

But i know that revenue will double this year, EPS also will shoot up.

5 cents dividend and more contracts to come, hold for long term sure no problem

naimfm

85 posts

Posted by naimfm > 2015-03-16 02:08 | Report Abuse

Mitra-wc exercise price will be adjusted from 90 cents to 60 cents after the bonus issue.

Lucas Chan

1,674 posts

Posted by Lucas Chan > 2015-03-16 08:39 | Report Abuse

tp pls, thanks!

Monde

1,105 posts

Posted by Monde > 2015-03-16 08:41 | Report Abuse

is it compulsory for them to reduce the wc exercise price? or there is an announcement out?

rixkiat

17 posts

Posted by rixkiat > 2015-03-16 08:51 | Report Abuse

how to calculate the mitra-wc exercise price and what would be the target price for wc?

naimfm

85 posts

Posted by naimfm > 2015-03-16 09:48 | Report Abuse

The assumption adjusted exercise price for warrant c is mentioned in the announcement (Page 10). This is because of the mother will be diluted with bonus 2:1. Calculated as ( 0.9 + 0.9 ) / 3 = 0.60.

Monde

1,105 posts

Posted by Monde > 2015-03-16 10:23 | Report Abuse

thanks for the clarification, with reduction on the exercise price, it means that the wc will worth an extra 0.3 right?

rixkiat

17 posts

Posted by rixkiat > 2015-03-16 11:10 | Report Abuse

Thank you naimfm.

ethanyong

2,121 posts

Posted by ethanyong > 2015-03-16 11:14 | Report Abuse

means that if hold 5 mitra for now then will get one free warrant? hold two mitra then get one bonus issue? or require to buy in only entitle?

please advise.

thanks.

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