Posted by Wong Kahcheng > 2017-05-15 21:25 | Report Abuse

mitra also make lrt??

Posted by sogeking > 2017-05-17 12:06 | Report Abuse

Congrats to all, MITRA just break a new high today.

Posted by chankp7010 > 2017-05-17 14:11 | Report Abuse

If you read the annual report of Mitrajaya, you would have seen the improvements of the years for its financials, reporting, management style, including also the care for its shareholders. More will be given if 2017/2018 perform even better.

Posted by hornbill > 2017-05-17 14:57 | Report Abuse

will Mitra joint the Bandar Malaysia party?

Posted by gcke > 2017-05-18 13:02 | Report Abuse

When market up,this counter drops or sleeps.When market down,this counter follows.Go holland stock syndrome:-(((

Posted by blowwater > 2017-05-18 17:06 | Report Abuse

You have to patient with this counter. As long as it maintain above 1.35, still worth to hold it.

Posted by hornbill > 2017-05-18 20:48 | Report Abuse

Tomorrow will up

Posted by gcke > 2017-05-19 17:26 | Report Abuse

This counter does not add value to investors.So far its stock price performance sub-par and mediocre as compared to similar construction stocks.That reflects poorly on the company in terms of creating value for investors from time to time in tandem with the company's financial performance at every quarterly intervals.

Posted by sell > 2017-05-21 11:02 | Report Abuse

Agree. Overvalued now. Sell wait at RM 1-1.1.

Posted by gcke > May 19, 2017 05:26 PM | Report Abuse
This counter does not add value to investors.So far its stock price performance sub-par and mediocre as compared to similar construction stocks.That reflects poorly on the company in terms of creating value for investors from time to time in tandem with the company's financial performance at every quarterly intervals.

Posted by shortinvestor77 > 2017-05-21 11:09 | Report Abuse

Different people have different view. I feel strongly that Mitra is far undervalued.

Posted by Lucas Chan > 2017-05-21 19:09 | Report Abuse

Mitrajaya has long been a major player in helping Malaysia become a nation with modern infrastructure, as well as providing quality living and working environments. It has also played a significant role in major national projects such as the Kuala Lumpur International Airport (KLIA), KL's Light Rail Transit System, the CyberJaya Flagship Zone, the Putrajaya Federal Administrative Centre, the East Coast Economic Region, the Iskandar Southern Development Corridor, and numerous other projects.

Posted by gcke > 2017-05-21 23:03 | Report Abuse

With such glowing accolades by @Lucas Chan then its share price should command a good premium than it is now.But the reality is that its share price value is lagging(laggard) behind many of its peers.Dividend payout for the past two years is meagre as compare to similar construction outfits(which were alsoe involved in many of the country's top-flung infrastructure projects).Such share counter is only good for retirees and those who were contended with such meagre returns.

Posted by Lucas Chan > 2017-05-21 23:12 | Report Abuse

dont worry mitra still drinking milk as a baby, let's wait for the baby grows up become a kids!!! It may come before June 1.5!!!

Posted by gcke > 2017-05-22 12:29 | Report Abuse

Huhuhu...then such "nursing-baby counter" is NOT suitable for the rough and stumble in the real market and financial economy marketplace.Better for such company to be privatised and out of glare of public scrutiny.

Posted by Lucas Chan > 2017-05-22 22:07 | Report Abuse

Gcke don't worry so much, qr is release soon, I will accumulate before it become kids!!!

Posted by Lucas Chan > 2017-05-22 22:09 | Report Abuse

Coming qr should be good profit one, and it will create more value to mitra!!!! Long term in mitra 2017 should touch 1.80!!!

Posted by Dalim Hossain > 2017-05-23 09:46 | Report Abuse

let break it 1.40 then it will shoot up

Inisder News MITRA
BUY : We have identified four mega rail projects that will be rolled out over the next two to three years. These include the East Coast Rail Link (ECRL), Kuala Lumpur-Singapore High-Speed Rail (HSR), Gemas-Johor Baru electrified double-tracking (EDT) project and mass rapid transit 3 (MRT3) Circle Line. Collectively, these mega rail projects will have a total cost of RM171 billion.

The 600km ECRL (RM55 billion) will link Kelantan, Terengganu, Pahang and Selangor. Financing will come from the Export-Import Bank of China, while China Communications Construction Co Ltd will lead the construction works. The Land Public Transport Commission has given its conditional approval for the ECRL which is now undergoing a three-month public inspection. Final approval is targeted for June and construction is to begin in July.

In December 2016, Malaysia and Singapore inked a bilateral agreement to implement the 350km HSR. The joint development partner has been appointed and tenders for the asset company will be called by year end, while the infrastructure works are expected in the first quarter of 2018. Media reports have placed the HSR’s cost at RM60 billion.

The Gemas-Johor Baru section (191km) is the final EDT stretch from the north to south of the peninsula. A consortium of three state-owned Chinese contractors was awarded the RM9 billion job in October 2016. Work has yet to start due to issues with state authorities.

Also dubbed the Circle Line, MRT3 will largely be underground, providing interchange stations with other radial rail lines. Currently at a feasibility study stage, the 45km to 48km MRT3 is said to cost RM50 billion.

While the bulk of these mega rail projects will be led by foreign contractors, we estimate that 39% could be undertaken by locals, potentially generating RM67 billion worth of job flows. The significance of these mega rail projects to the construction sector should not be underestimated. To illustrate, domestic job wins for listed contracts hit a high of RM28 billion in 2012 and RM56 billion in 2016 when MRT1 and MRT2 were rolled out.

Posted by davors > 2017-05-23 11:31 | Report Abuse

(May 12, RM1.37)
Maintain buy with an unchanged target price of RM1.95: Mitrajaya Holdings Bhd recently announced that it had won a contract to build a higher-learning institution in Kuala Lumpur for RM160 million. The job is scheduled to be completed within two years (May 2019). This contract is Mitrajaya’s second job win for the year. Recall that last month, Mitrajaya secured a RM274 million Bank Negara Malaysia-related job for “A Centre of Excellence” building in Kuala Lumpur. Overall, this brings year-to-date (YTD) job wins to RM434 million.

— Hong Leong Investment Bank Research, May 12

http://www.theedgemarkets.com/article/mitrajaya-gunning-rm1b-new-job-wins-fy17

Posted by hornbill > 2017-05-23 16:12 | Report Abuse

Start move..

Posted by ck138 > 2017-05-23 16:13 | Report Abuse

BUY... show will start soon...

Posted by ignasio > 2017-05-24 09:39 | Report Abuse

is it the real breakout today? :)

Posted by ck138 > 2017-05-24 09:47 | Report Abuse

BUY BUY BUY

Posted by Jenson123 > 2017-05-24 09:50 | Report Abuse

Juz buy, tp rm1.75 very reasonable

Posted by Yin Yee > 2017-05-24 10:16 | Report Abuse

wow... the buying is so fast

Posted by chankp7010 > 2017-05-24 10:24 | Report Abuse

Coming QR must be good. Insiders are busy buying Mitrajaya in open market in order to profit from it. This includes Mitrajaya WD which has been actively traded, not seen in months.

Posted by Bizfuneng > 2017-05-24 10:47 | Report Abuse

Correct. Hardly see volume in Kim Lun

Posted by davors > 2017-05-24 11:01 | Report Abuse

agreed with Jenson, rm1.75 very reasonable

Posted by davors > 2017-05-24 11:04 | Report Abuse

mitra-wd also not bad... mother 1.45, -wd should be at premium 18%... which is 0.62-0.63

Posted by hornbill > 2017-05-24 11:07 | Report Abuse

Suncon with higher PE now stand at 2.05

Posted by hornbill > 2017-05-24 11:13 | Report Abuse

Fund manager are buying now

Posted by isupertrader > 2017-05-24 11:33 | Report Abuse

Target price at RM1.75 still reasonable. Agreed with this.

Posted by davors > 2017-05-24 11:51 | Report Abuse

fund manager getting at 1.45~

Posted by weechin53 > 2017-05-24 13:31 | Report Abuse

Overall volume not high. What make you said fund manager buying?

Posted by gyt5792 > 2017-05-24 17:41 | Report Abuse

finally up...

Posted by Edward Pang > 2017-05-24 19:35 | Report Abuse

good volume today

Posted by Lucas Chan > 2017-05-24 20:24 | Report Abuse

Mitra share buy back 10% may come after mitra general meeting 8-6-17!!! Let's hold tightly together before it!!! Qr and dividend 5sen and mitra share buy back and meeting is coming!! It's all good thing come together!!!! Cheers mitra!!! Hehehe

Posted by windcloud > 2017-05-24 23:15 | Report Abuse

Want to top up but no bullets, today is a good sign.

Posted by Loh Boon Sen > 2017-05-24 23:16 | Report Abuse

Today's volume is the highest ever ..more to go..

Posted by duenchan > 2017-05-24 23:21 | Report Abuse

Convincing break out..

Posted by hornbill > 2017-05-25 07:44 | Report Abuse

Hold tight 5sen division x date july

Posted by sogeking > 2017-05-26 00:48 | Report Abuse

Break out not convinced. reversal confirmed.

Posted by blowwater > 2017-05-26 08:44 | Report Abuse

Mitra gonna sleep again... zZz...

Posted by sasword > 2017-05-26 10:14 | Report Abuse

Trap again...U think so easy break out...

Posted by gyt5792 > 2017-05-26 11:57 | Report Abuse

drop back soon.. ha-ha

Posted by chankp7010 > 2017-05-26 12:12 | Report Abuse

Many investors are waiting for their turn to sell. Once the price is moved up slightly, they will queue to sell off their holdings. The question is why they are eager to sell? Simply because they have bought their shares cheap.

Posted by gyt5792 > 2017-05-26 12:57 | Report Abuse

see how the quarter results...

Posted by gcke > 2017-05-26 15:59 | Report Abuse

Such counter only for retirees.I dared to say it again.

Posted by Jenson123 > 2017-05-26 18:26 | Report Abuse

Well done mitra

Posted by Jenson123 > 2017-05-26 18:28 | Report Abuse

Tp rm1.75 is reasonable
Tp rm1.75 is reasonable
Tp rm1.75 is reasonable
Very important things have to say 3 times.

Posted by NewBie17 > 2017-05-26 18:28 | Report Abuse

Good results! Hold tight!