Posted by davors > 2017-06-02 13:19 | Report Abuse

Maybe getting LRT3? will know on July~
http://www.thestar.com.my/business/business-news/2017/04/25/prasarana-on-track-to-complete-award-of-lrt3-main-packages-by-july/

Posted by Bizfuneng > 2017-06-02 15:43 | Report Abuse

No nid rush to buy. Price movement will be around this region for the nx 2 months. Holding for very long and it is moving at snail pace.

Posted by gyt5792 > 2017-06-02 19:30 | Report Abuse

movement extremely slow... Haiz...

Posted by Loh Boon Sen > 2017-06-03 23:41 | Report Abuse

Sailang this stock.. Hold for one year surely better than bank fix deposit returns..

Posted by Bullhunter > 2017-06-04 19:45 | Report Abuse

buy n hold until after dividend payout

Posted by Bullhunter > 2017-06-05 09:43 | Report Abuse

moving again..

Posted by Bullhunter > 2017-06-05 10:56 | Report Abuse

is epf collecting ??

Posted by sogeking > 2017-06-05 15:35 | Report Abuse

Must be one of those one day show only

Posted by Bizfuneng > 2017-06-05 20:19 | Report Abuse

What is going on with EPF - disposed and acquired?

Posted by Lucas Chan > 2017-06-05 20:30 | Report Abuse

Heh heh heh, very happy now mitra should bring us a good news in the agm!!!

Posted by gyt5792 > 2017-06-05 20:42 | Report Abuse

excited for coming agm..

Posted by sogeking > 2017-06-05 23:05 | Report Abuse

8 June- AGM

Posted by Bizfuneng > 2017-06-06 07:36 | Report Abuse

No good with EPF disposing and acquiring activities.

Posted by Bullhunter > 2017-06-06 11:32 | Report Abuse

epf is buying and selling which make the price fluctuate up and down...

Posted by Bullhunter > 2017-06-06 11:34 | Report Abuse

think it will shoot up if good results and future forecast are announced at the coming AGM..

Posted by sogeking > 2017-06-07 13:41 | Report Abuse

Seems like no rally before agm tomorrow. Everyday is quiet day.

Posted by Edward Pang > 2017-06-07 22:10 | Report Abuse

Good news please!

Posted by kdzulkhairis > 2017-06-08 12:14 | Report Abuse

What's the outcome from the AGM? Good or bad?

Posted by NewBie17 > 2017-06-08 14:17 | Report Abuse

KUALA LUMPUR (June 8): Mitrajaya Holdings Bhd says it is on track to secure its target order book replenishment of RM1 billion this year, and possibly even more. It has secured RM700 million so far.

The group’s current outstanding order book stands at RM1.73 billion.

“We are not too far away. We believe this is achievable over the next few months. To achieve the RM1 billion is not a problem, maybe we can achieve more,” its managing director Tan Eng Piow told reporters, after the group’s annual general meeting today.

The group currently has a tender book of RM3 billion, comprising RM2.7 billion worth of building projects and 300 million worth of infrastructure projects.

Upcoming property projects in the pipeline include a commercial development in Pengerang, Johor, for a gross development value (GDV) of RM24 million, as well as a residential development in Bukit Beruntung, Selangor, for a GDV of RM20 million. Both are scheduled to be launched by the end of this year.

Their current land bank size in Malaysia is 254 acres. In South Africa, the group has 215 acres.

On Feb 27, the group formed a joint venture (JV) partnership with Gema Padu Sdn Bhd to jointly develop parcels of land in southern Kuala Lumpur.

The joint venture is 60% owned by Mitrajaya and the landbank size of the JV is 335 acres. According to Tan, the group hopes to start developing an industrial property on part of the land, in the next year or so.

Posted by davors > 2017-06-08 15:33 | Report Abuse

sounds promising~

Posted by Lucas Chan > 2017-06-08 19:44 | Report Abuse

HOHOHO !!! Mitra 99.992% voted agreed, 327453437 of 10% share buy back is coming!!!

Posted by Lucas Chan > 2017-06-08 19:46 | Report Abuse

Mitra gogogo tp1.8-2.0!!!!

Posted by Apollo Ang > 2017-06-08 19:51 | Report Abuse

the profit growth of the last few quarters shows that this stock is not overvalued

Posted by godofgamble > 2017-06-08 21:56 | Report Abuse

wait it drop to 1.3

Posted by gcke > 2017-06-09 15:56 | Report Abuse

Laggard counter.One day show yesterday!.Look good only on paper.

Posted by Lucas Chan > 2017-06-09 22:24 | Report Abuse

http://www.sinchew.com.my/node/1651125/竞标30亿工程%E2%80%A7美德再也今年10亿新订单可达标

Posted by Lucas Chan > 2017-06-09 22:29 | Report Abuse

https://www.insage.com.my/ir/cmn/downloading.aspx?sFileName=MN17160000023973&sReportType=MEDIA&sCompanyCode=MITRA

Posted by gcke > 2017-06-11 20:16 | Report Abuse

Such laggard counter is good for retirees who are happy to receive a meagre dividend of 5cts per unit.Chances of capital gains from price appreciation will displease others- speculators and other investors.Look at many other counters.They enjoyed good runs when Bursa recently was bullish.Don't put the expectations on the counter too high.One will be disappointed.

Posted by Dalim Hossain > 2017-06-12 21:09 | Report Abuse

Buy MITRA: The construction and building materials sectors are seen to be in vogue in the near future, given the planned rollout of infrastructure development in the country.

MIDF Research has maintained its “Positive” rating on the construction sector and said stocks in the industry were a clearer cherry picking, with lofty valuations taking a breather.

In a note today, the research house highlighted that the current tide of liquidity took some heat off from the sector.

It explained that as the National Development Plan (NDP) was unveiled with a promise of an extension of Mass Rapid Transit Link 1 (MRT1), the sector would not be able to maintain the dizzying height of 26.7 times PER of March 2017.

“Hence, FYE17-FYE18 could be the year that Kuala Lumpur Construction Index‘s valuations i.e. PER will normalize within our expectation of 17.5 times.

“With the roll-out of the plan, we surmise that the Index will flit between 16.5 times to 19.5 times PER,” the research house added.

The prospects of the sector are bright. We are positive on all sub-segments other than the cement industry in Peninsular Malaysia,” it said.

The research house said these include various mega projects such as the East Coast Rail Link (ECRL) (RM55 billion), Mass Rapid Transit Link 2 (MRT2) (RM32 billion), Pan Borneo Highway (RM16 billion), and mega-scale township development such as TRX, KL118 and others.

It said other potential projects in the pipeline included the Pan Borneo Sabah highway (RM12.8 billion), light rail transit (LRT3) (RM9 billion), Gemas–Johor Bahru electrified double-tracking rail (RM7.5 billion), and Kuala Lumpur–Singapore high-speed rail (KL-Singapore HSR)(RM50-60 billion).

“These mega projects will further boost the demand for building materials, such as steel, cement, and aluminium.

Posted by kyaputencom > 2017-06-12 21:17 | Report Abuse

short term upside is still possible

Posted by godofgamble > 2017-06-13 20:15 | Report Abuse

Wait it drop to 1.3

Posted by gcke > 2017-06-16 17:41 | Report Abuse

This counter can make one heart-broken if one is hoping for some reasonable capital gains.Finally,I have liquidate mine yesterday.Glad the sale is done.Good luck to those still holding the counter!

Posted by gyt5792 > 2017-06-16 18:45 | Report Abuse

gcke., this counter really need a lot of patient.. haiz...

Posted by godofgamble > 2017-06-19 23:29 | Report Abuse

Can hold

Posted by Lucas Chan > 2017-06-22 10:44 | Report Abuse

Very soon mitra will got a new project it worth 25m around to achieve near to 70% of the target 1b for this year, and very soon 5sen dividend, and very soon selamat hari raya the price should move up after it!!!

Posted by Lucas Chan > 2017-06-28 11:40 | Report Abuse

Yup once mitra shoot up, it will be very fast

Posted by Bizfuneng > 2017-06-28 12:55 | Report Abuse

Wow....EPF started throw ady?

Posted by Wong Kahcheng > 2017-06-29 10:58 | Report Abuse

when is the share buy back date???

Posted by Force > 2017-06-30 06:10 | Report Abuse

Gadang better... profit margin higher

Posted by shernlee > 2017-06-30 15:40 | Report Abuse

We make no change to our full year forecast as we expect its earnings to catch up in the subsequent quarters when the progress recognition on its property development business picks-up. There is also no change to our 2018 forecast and we maintain our BUY recommendation on Mitrajaya with an unchanged target price of RM1.95. We continue to like Mitrajaya for its strong construction orderbook that will ensure sustained earnings growth over the next two years. Furthermore, we are also sanguine on its orderbook replenishment prospects given its strong delivery track record.

We ascribed an unchanged target PER of 11.0x to its 2017 (fully diluted) construction earnings, while the value of its local and overseas property development units, are valued at an unchanged 0.8x their respective book values. At the target price of RM1.95, Mitrajaya will be trading at prospective PERs of 10.6x and 9.3x in 2016 and 2017 respectively, near its industry peer averages.

Posted by NewBie17 > 2017-07-03 21:46 | Report Abuse

EPF is buying recently.

Posted by Lucas Chan > 2017-07-03 22:33 | Report Abuse

Because dividend and share buy back is on the way coming and new projects as well

Posted by Yap Wai Loon > 2017-07-04 00:00 | Report Abuse

When is the share buy back campaign begin ? Seem like every 1 just promoting onli ??

Posted by godofgamble > 2017-07-04 00:23 | Report Abuse

epf keep accumulate. something big is coming

Posted by Darren Chin > 2017-07-04 15:13 | Report Abuse

epf also buying...meant this counter is worth of investing.

Posted by Yap Wai Loon > 2017-07-04 23:46 | Report Abuse

Actually what is the purpose of share buy back ? Sifu here pls comment

Posted by Kc1983 > 2017-07-05 10:49 | Report Abuse

actually all companies have share buy back resolution to be passed in AGM. However, it doesn't mean that they company will definitely effect the share buy back. It is just a general mandate which gives the company the power to buy back share (if opportunities suddenly arise). Without this general mandate, the company will have to hold an EGM everytime they wish to buy back shares, which will costs money and take time. Hope this is clear.

Posted by Yap Wai Loon > 2017-07-05 15:08 | Report Abuse

Thanks

Posted by o0o54088o0o > 2017-07-10 16:18 | Report Abuse

This counter sleep soooo long

Posted by Tew Kok Fui > 2017-07-13 17:18 | Report Abuse

tan eng piaw convert alot warrant today