Posted by Beza > 2015-08-04 10:57 | Report Abuse

The directors don't sell their shares. Only their company Mitra sells its treasury shares (obtained from shares buy back before).

Posted by Beza > 2015-08-04 11:01 | Report Abuse

A growing construction company needs more cash as capital to invest in the coming 11MP, not just release some div to its investors. After all, shares in treasury has no business value if kept there (unless one day to be distributed to shareholders as bonus)

Posted by chentzehian > 2015-08-05 08:24 | Report Abuse

Just hold get bonus

Posted by William Tan > 2015-08-05 08:38 | Report Abuse

come on lah............pls fly

Posted by pelaburuntung > 2015-08-05 10:47 | Report Abuse

come on mitra

Posted by prudence > 2015-08-05 12:23 | Report Abuse

muscle i agree

Posted by pelaburuntung > 2015-08-06 16:29 | Report Abuse

what happen to this counter maaa

Posted by jasonor > 2015-08-06 16:35 | Report Abuse

budget 2016 will be announced on 23 october.. will mitra gain some projects?

Posted by pelaburuntung > 2015-08-07 09:56 | Report Abuse

this counter is dying

Posted by aries_saham > 2015-08-08 16:29 | Report Abuse

Just stay calm. Dont panic. Ex date another 2 week.

Posted by Bryan Lee > 2015-08-08 17:00 |

Post removed.Why?

Posted by red_85 > 2015-08-09 04:44 | Report Abuse

why company will sell treasuries share? because they felt that the current price is above their expectation which meant overvalue already...
they can just sell out, and improve company cash flow, then price will drop back, then they can think to collect back again...
company is doing long term business...not short term..

Posted by 8wpwtmt8 > 2015-08-10 22:56 | Report Abuse

Anyone knows what is the exercise price of the free warrants?

Posted by TengkuFaisal > 2015-08-10 22:59 | Report Abuse

when ringgit weaken, all construction co will collapse due to cost overrun.

Posted by axejay > 2015-08-11 00:12 | Report Abuse

hahaha...don't tell me when ringgit weaken, tomorrow u go out eat one chicken rice the price will increase...don't simply link ringgit weaken with cost overrun...unless u tell me all our local construction materials are imported, else if the construction companies are buying cements, steel, etc with local suppliers, using local currency to pay, I can't see any potential cost overrun...these few years local building material suppliers, i.e. Ajiya were suffering because importer simply dumping in cheap materials due to benefits of currency, with weaken of currency, construction companies may switch to source from local suppliers, which in return actually benefit the local industry...

i maybe wrong, but just feel that don't simply link weaken ringgit to any things, unless involve import/export, then different story.

anyway, pray hard these negative news may over asap and the market sentiments will improve sooner possible!

Posted by TengkuFaisal > 2015-08-11 00:21 | Report Abuse

just go visit any construction site and see how many components are imported...

Posted by axejay > 2015-08-11 00:43 | Report Abuse

import from where? mostly China, right? ringgit weaken against USD, but little affected for currency exchange against RMB

Posted by tsmoorthy > 2015-08-11 09:57 | Report Abuse

good morning. i am a small invester of mitrajaya. holdind 6000 units. is it advivisable to hlold or sell of before the right issues. tq

Posted by HH2004227 > 2015-08-11 12:03 | Report Abuse

wow... going to give bonus this stock still cannot fly...zzzzzz

Posted by Kian Chung > 2015-08-11 12:29 | Report Abuse

I will hold it tight tight. Wait for chance to average down !

Posted by HITnRUN > 2015-08-11 12:40 | Report Abuse

when people fear, then go in......when people chasing high, then step out....

Posted by Kian Chung > 2015-08-11 14:34 | Report Abuse

Strong support 1.72 tested many round.

Posted by melovesony03 > 2015-08-11 17:33 | Report Abuse

agreed..strong support 1.71 yesterday..today 1.72 hmm good sign

Posted by nexus > 2015-08-11 19:21 | Report Abuse

result released. http://www.bursamalaysia.com/market/listed-companies/company-announcements/4825137

Posted by hissyu2 > 2015-08-11 19:23 | Report Abuse

let see if outstanding quarter report is able to attract ppl to continue buy in this bearish market

Posted by chentzehian > 2015-08-11 20:09 | Report Abuse

Another 5.28 sen dividen proposed

Posted by melovesony03 > 2015-08-11 20:15 | Report Abuse

Outstanding financial result..Dow Jones tonight please be good..hehehe

Posted by Kian Chung > 2015-08-11 20:24 | Report Abuse

it will gap up tomoro. Stay tuned

Posted by melovesony03 > 2015-08-11 20:27 | Report Abuse

guys the new warrant exercise price is at 1.09 as per stated in the quarter result pagee 11 under section status of corporate proposal

Posted by Kian Chung > 2015-08-11 20:29 | Report Abuse

meaning Warrant D worth 1.09 ?

Posted by melovesony03 > 2015-08-11 20:42 | Report Abuse

No la..hehhee..depending on the mother share after the bonus issue..example before the bonus issue, mother share is RM1.85 and after the bonus issue, share will revalued at RM1.23 (every 2 existing share will get 1 bonus mother share).. so you take RM1.23-RM1.09=RM0.14 per warrant ..this is my understanding la

Posted by melovesony03 > 2015-08-11 20:43 | Report Abuse

When the mother price go higher after the bonus issue, the higher warrant D is..you look at Mitra warrant C you will understand further

Posted by axejay > 2015-08-11 20:52 | Report Abuse

no...meaning when u want to convert warrant D to ordinary shares, u need to pay 1.09...the theoritical price of the warrant would be the difference between the current share price (have to count in the price adjustment after bonus issue) and the exercise price

Posted by axejay > 2015-08-11 20:59 | Report Abuse

The financial performance of the Group is expected to be strong for FYE 2015 in view of the following developments within the Group:

1. The Construction division will contribute significant high revenue and profit before tax FYE 2015 as works of the existing on-going project progressing well from the current outstanding order book of RM1.75 billion.

2. The Property division will record a lower growth for FYE 2015 as the existing on-going project (Wangsa 9 Residency) is currently at initial construction stage eventhough the project has achieved satisfactory take up rate. Phase 1 and phase 2 had achieved 70% & 27% take
up rate respectively.

3. Our Investment in South Africa is also expected to record a significant growth in revenue & profit FYE 2015. The unbilled sales currently stands at Rand 98.57 million which will be recognised progressively by end of this year.

4. The Board has on 15 April 2015 announced the Company's intention to dispose its 51% shareholding in Optimax Eye Specialist Centre Sdn Bhd and is in the midst of identifying a purchaser.

Posted by axejay > 2015-08-11 21:00 | Report Abuse

seems like there will be a one off BIG profit gain if manage to sell off optimax

Posted by melovesony03 > 2015-08-11 21:05 | Report Abuse

Muscle as of June 2015 no declaration of dividend. But you read the following page 12 under dividend sector..BTW bro if you came here to destroy shareholder confident you willbe cursed by many PPL..you are not holding it be silent!

Posted by axejay > 2015-08-11 21:05 | Report Abuse

ya...no dividen declared yet..that 5.28sen is EPS la...

muscle, agree with you...if no so much of negative news....mitra already fly high

Posted by melovesony03 > 2015-08-11 21:07 | Report Abuse

Axe I repeat again there is dividend pay out on 27 august don't kena that muscle con la

Posted by melovesony03 > 2015-08-11 22:19 | Report Abuse

How I know u are talking about other dividend? Your statement too brief la bro..

Posted by melovesony03 > 2015-08-11 22:27 | Report Abuse

Btw I'm sorry cause offended you..I'm kinda sensitive especially those PPL who purposely write negative news about this Mitra..Pai seh..

Posted by melovesony03 > 2015-08-12 06:33 | Report Abuse

HAHaha..true I also wish it can fly like myeg..before bonus issue it was at RM2.8~3 then on expiry date it fly to RM4 walao..don't know this will happen to Mitra or not hehe

Posted by Shafi Awong > 2015-08-12 08:52 | Report Abuse

http://www.theedgemarkets.com/my/article/mitrajaya-offers-compelling-case-robust-growth-says-hlib-research?type=Markets

Posted by Shafi Awong > 2015-08-12 08:52 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2015/08/11/Mitrajaya-posts-70-pc-earnings-growth-in-Q2/?style=biz

Posted by Shafi Awong > 2015-08-12 08:53 | Report Abuse

Show time today !!!!!!

Posted by bukithot > 2015-08-12 09:24 | Report Abuse

good result also cannot move the price?

Posted by lhoong > 2015-08-12 09:29 | Report Abuse

moving up now

Posted by kaitun78 > 2015-08-12 09:30 | Report Abuse

up liao

Posted by ImCK > 2015-08-12 09:30 | Report Abuse

runnnnnnnnnnnn

Posted by pelaburuntung > 2015-08-12 11:22 | Report Abuse

someone is collecting

Posted by Ultramen > 2015-08-12 11:26 | Report Abuse

bad timing~