Posted by notebook > 2017-08-29 13:49 | Report Abuse

cash tak banyak , hutang banyak
drop more , until below RM 1

Posted by filidon > 2017-08-29 14:00 | Report Abuse

long term mitrajaya still ok, 1.15 is good buy
fair value 1.40-1.50

Posted by tzerteoh > 2017-08-29 14:01 | Report Abuse

Folks, dont panic to sell the stock so low price, must be sharks setup the trap.

Posted by Mohd Fahmi Bin Jaes > 2017-08-29 14:19 | Report Abuse

http://edition.cnn.com/2017/08/28/politics/north-korea-launch-unidentified-projectile/index.html

Posted by fstex > 2017-08-29 14:47 | Report Abuse

Hey, mr Tan, where are you?
Yours stock wake up drop like shit!!!

Posted by GoodBoy > 2017-08-29 14:56 | Report Abuse

Anything below 1.25 is a good buy ...

Posted by GoodBoy > 2017-08-29 14:59 | Report Abuse

Mitra RM1.25 x 4% = RM0.05 dividend --> at least 4% dividend yield

Posted by Jarongan > 2017-08-29 14:59 | Report Abuse

Damn it should have waited a little more longer before go into market

Posted by GoodBoy > 2017-08-29 15:20 | Report Abuse

Hopefully Mitra can rebound to 1.25 by closing today ... cheers ...

Posted by Jarongan > 2017-08-29 15:39 | Report Abuse

Its free money for those who have waited 1 hour longer. Now that i can only hope for it to rebound til perhaps 1.25 to break even never thought it would drop so sharply at one point also shred 15% of the stock price. To those who got in at 1.12 or 13 14 its just free money .

Posted by limkokthye > 2017-08-29 16:16 | Report Abuse

buy mrcb better than mitra

Posted by Victory99 > 2017-08-29 16:19 | Report Abuse

This stock really con many people ... I also kena... cry no tears.....

Posted by Victory99 > 2017-08-29 16:22 | Report Abuse

Many people thought that EPF and boss keep buying is a good sign. But.....very dissappointed.

Posted by alex3388 > 2017-08-29 17:12 | Report Abuse

MITRA jump and you jump.....

Posted by dunspace > 2017-08-29 17:33 | Report Abuse

EPF never con you, you con yourself.

Q1 up 55%, Q2 down 55%. You want panic sell or panic buy, decision is all up to you.

Posted by limhh > 2017-08-30 00:03 | Report Abuse

People throw is because Mitra's management said its construction profit prospect in 2017 (oil and gas project) will be impacted.

Posted by paktua73 > 2017-08-30 09:54 |

Post removed.Why?

Posted by dontknowlah > 2017-08-30 10:02 | Report Abuse

old man very smart hehe

Posted by ipodkaki > 2017-08-30 10:19 | Report Abuse

Whoever buying must be never read the quarterly report. Mitra is running out of CASH (40 millions compared to last quarter 58 millions, cash is decreasing every quarter), theyhave 237 million SHORT TERM DEBT + 31 million long term debt.
Jesus, RM 270 millions debt

Posted by slts > 2017-08-30 10:53 | Report Abuse

all construction cos have high debts.
borrow money to make more monies lah

Posted by vic_amat87 > 2017-08-30 11:09 | Report Abuse

Yes. U want to build large building, of course need loan.

Posted by davors > 2017-08-30 11:22 | Report Abuse

now only i know mitra got take part in oil and gas... ^_^|||

Posted by Davidl > 2017-08-30 11:38 | Report Abuse

Mitra mitra

Posted by vic_amat87 > 2017-08-30 12:24 | Report Abuse

Mitra only involved in construction in pengerang. No lt producing oil and gas

Posted by AliCafe > 2017-08-30 12:46 | Report Abuse

overreaction. good time to collect some :)

Posted by Ssmani > 2017-08-30 13:26 | Report Abuse

Why epf keep buying at price 1.3++ ??

Posted by cjlim > 2017-08-30 14:03 | Report Abuse

Prospects
Mitrajaya has secured two major projects, collectively worth RM433.9 mln in 2Q2017. This brings its construction orderbook replenishment to RM617.3 mln YTD (see Appendix 1) – amounting to 77.2% of our orderbook replenishment target of RM800.0 mln for 2017. We are positive on the group’s prospects and to achieve the aforementioned target, based on the group’s tenderbook of approximately RM3.00 bln, comprising of 90.0% for building projects and the remainder 10.0% for infrastructure works. Moving forward, we think that the construction segment will continue to anchor the group’s earnings, backed by a relatively strong unbilled construction orderbook of RM1.42 bln. This translates to an orderbook-to-cover ratio of 1.7x to 2016 construction earnings of RM843.5 mln that provides earnings visibility over the next three years. Although the construction segment earnings pretax margins has tapered to 4.3% in 1H2017 (vs. 12.6% in 2016), we think that it should normalise as the group adjust to the one-off expenses in certain projects that saw cost overrun in 2Q2017.

-Malacca Securities

Posted by Davidl > 2017-08-30 17:31 | Report Abuse

Wait & C

Posted by dunspace > 2017-08-31 09:02 | Report Abuse

Ssamani, if I am not wrong, EPF actually brought majority of their shares at 1.4x before ex-dividend.

One project cost overrun, I don't think reaction should be so big la. Main issue is whether can they secure more projects to replenish the group orderbook.

Posted by vic_amat87 > 2017-08-31 12:24 | Report Abuse

Panic after released QR external factor like NK issue that cause massive selloff. I believe this is temporary and eventually will rebound back

Posted by dunspace > 2017-08-31 20:53 | Report Abuse

What does NK stand for?

Posted by TrippleZ > 2017-08-31 21:23 | Report Abuse

North Korea

Posted by vic_amat87 > 2017-09-01 10:47 | Report Abuse

Unfortunately, now DJ and NIKKIE rebound, our market close for 5days...huhu

Posted by Darren Chin > 2017-09-02 10:25 | Report Abuse

Haha. Ya so many holiday.
World market rrbound might missed the windows

Posted by 4444 > 2017-09-03 16:55 | Report Abuse

Below RM 1.1 in Sep?

Posted by sohaitrader > 2017-09-03 16:56 |

Post removed.Why?

Posted by Darren Chin > 2017-09-04 19:36 | Report Abuse

Epf bought above 1.25....we shouldn't worry....

Posted by gcke > 2017-09-04 20:02 | Report Abuse

Presently, the technical price indicators do not support any price reversal towards the positive after the recent sell-down just after the 2QR.
2.On the price charts,the short term SMA15 is moving way below the long term SMA 26.Will expect some further downside on the stock price to come.
3.The MACD momentum chart showed weak price support trend and movement.The MACD line is way below the Signal line.
4.And the stochastic and RSI 14 charts confirm the weak price support as above..As the RSI 14 line showed the stock is oversold recently.No signal for any buying yet unless the trading volumes shrinked during the present price weakness.
5.This is a laggard counter.During good QR like in 1QR the price does not move much from its low high reached as compared to other construction stocks like Kerjaya Prospek or Gadang where the price gains or booms.

Outcome: The stock price will consolidate for awhile and very dependent on the next QR and securing more new projects to replenish the contract on hands book order.Technical Price Indicators can help forumers or investors in buying or selling decision making.
Cheers and hope the North Asia geo-political risks stabilised.

Posted by o0o54088o0o > 2017-09-05 10:20 | Report Abuse

What happen??

Posted by apolloang > 2017-09-05 10:21 | Report Abuse

profit no good

Posted by LionKingKong > 2017-09-05 10:22 | Report Abuse

Penny stock in making

Posted by o0o54088o0o > 2017-09-05 10:23 | Report Abuse

Drop non stop

Posted by vic_amat87 > 2017-09-05 10:24 | Report Abuse

Run..

Posted by hua91 > 2017-09-05 10:35 | Report Abuse

this is ridiculous..

Posted by Bizfuneng > 2017-09-05 10:42 | Report Abuse

Dropping like a rock.....dun even know the bottom. Question is why EPF buying? Is EPF still holding onto this sinking ship?

Posted by Vishal Purswani > 2017-09-05 10:43 | Report Abuse

drop again....aduuuh

Posted by lkhoong > 2017-09-05 10:45 | Report Abuse

panic selling

Posted by 2017ks > 2017-09-05 10:45 | Report Abuse

no wonder epf perform so badly every counter he bought sure bye bye.

Posted by WavesRider > 2017-09-05 11:18 | Report Abuse

on board 1.08

Posted by lyk204 > 2017-09-05 12:33 | Report Abuse

Hi bos...can buy Mitra now ?