yes..but beware of price consolidation after price up for so many days alrd...but i will still hold it regardless of price consolidation cause i got faith in Mitra
OTHERS MITRAJAYA HOLDINGS BERHAD ("MHB" or "the Company") -Proposed Acquisition of Property by Mitrajaya Development SA Proprietary Limited MITRAJAYA HOLDINGS BERHAD
Type Announcement Subject OTHERS Description MITRAJAYA HOLDINGS BERHAD ("MHB" or "the Company")-Proposed Acquisition of Property by Mitrajaya Development SA Proprietary Limited
Nothing good nor bad. If Mitra shifts its property development more in South Africa rather than in Malaysia, there would be better for sustainability. As we know, property market is down here.
Supermix in my mind always say this stock is really outperform..since like Nobody interested with Mitra..but don't worry I think soon it will rise to above the price heheh
melovesony03, have faith in this counter cause it had a tenderbook of more than 4 Billion Ringgit...how much profit will that be if some of it is successful At hand Mitar is 100% sure of hundred of millions $$$$$ profit base on it strong outstanding order book of more than $1.6 Billion, so how much profit will this be when it's fully completed in 2 years? The financial results which presumably to be good will be out in 2 weeks or so. But you can take it from me that this counter won't let you down because the company is buying back it's own shares to support it, so where there is this share buy back support, you can rest assured that it will perform well. Mitra EPS is around 20 cents and it's PE is a good 10.3...mind you this is a good performing construction company.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
axejay
405 posts
Posted by axejay > 2015-10-15 18:12 | Report Abuse
welcome bro...just sharing my little knowledge only..:)