PINTARAS JAYA BHD

KLSE (MYR): PTARAS (9598)

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Last Price

1.70

Today's Change

+0.07 (4.29%)

Day's Change

1.63 - 1.70

Trading Volume

199,200


8 people like this.

1,277 comment(s). Last comment by Dehcomic01 2 months ago

林俊松

6,818 posts

Posted by 林俊松 > 2014-05-12 17:40 | Report Abuse

Tomorrow Wesak's day?
Market close?

novice8

603 posts

Posted by novice8 > 2014-05-12 18:53 | Report Abuse

ya market close tomorrow..

johnny cash

6,356 posts

Posted by johnny cash > 2014-05-12 19:59 | Report Abuse

Pintaras Jaya (PINT MK)
Technical BUY with +18.0% potential return
Last price : RM4.05
Target Price : RM4.53, RM4.78
Support : RM3.78
Stop-loss: RM3.76
BUY with a target price of RM4.78 with stop loss
placed below RM3.76. Following a correction
from the recent high of RM4.12, PINT has
established support at RM3.78 as it has gradually
rebounded along with an increasing trading
volume in the last 4 days. A bullish crossover in
Stochastic suggests a surge in momentum which
is likely to help the share price retest the recent
high in the near term. Given the bullish crossover
between the +DI and ADX lines, we opine that
the rebound could lead to the creation of a new
up-leg, thus we peg our medium-term upside
target at the 1.61x Fibonacci extension level of
RM4.78.

Posted by kingdomtan888 > 2014-05-12 20:01 | Report Abuse

Wahz lim two weeks ago ppl asked u to ride ptras u don't want
Now u are entering ptras zone....
U sure buying? Make sure don't play contra here ok lim Brunei
Kekekekekkekekekkek

林俊松

6,818 posts

Posted by 林俊松 > 2014-05-12 21:17 | Report Abuse

johnny cash, I hope Pintaras Jaya can hit RM5 before end of June.
=)

up_up_up

616 posts

Posted by up_up_up > 2014-05-12 21:23 | Report Abuse

Johnny boss, you upgrade target price RM 1 just in few weeks time, old one not valid anymore? ??


johnny cash Pintaras Jaya (PINT MK)
Take profit with potential downside of 6.1%
Last price : RM3.80
Target Price : RM3.58
Resistance: RM3.96
Stop-loss: RM3.98
SELL with a target price of RM3.58 with stop
loss placed above RM3.98. Following our triple
BUY call on 14 Mar 14, 4 Apr 14 and 9 Apr 14,
PINT’s share price has surged, exceeding our
target price of RM3.60. As the share price
retraced from the recent high of RM4.12, PINT
formed a “bearish engulfing” pattern that
closed below the 10-day SMA line yesterday.
In our view, this signals further correction
ahead. Our view is supported by a bearish
crossover in RSI and negative reading in
Stochastic which should translate into further
weakness. Support can be seen at the 50.0%
Fibonacci Retracement Level of RM3.58,
which serves as our near-term target for now.

Overweight

229 posts

Posted by Overweight > 2014-05-16 15:37 | Report Abuse

The quarterly result should be released either today or next Monday...quite anticipating.

maps

162 posts

Posted by maps > 2014-05-16 16:35 | Report Abuse

good..... hope share price start shooting up

maps

162 posts

Posted by maps > 2014-05-20 11:14 | Report Abuse

share very quiet.

ccs999

674 posts

Posted by ccs999 > 2014-05-21 18:24 | Report Abuse

6% div

njue76

471 posts

Posted by njue76 > 2014-05-21 19:03 | Report Abuse

EPs after bonus issue...

ccs999

674 posts

Posted by ccs999 > 2014-05-21 19:52 | Report Abuse

bro kcchongnz, what is the par value for pintaras, it is still rm1 after bonus issue? thanks.

kcchongnz

6,684 posts

Posted by kcchongnz > 2014-05-21 20:26 | Report Abuse

Posted by ccs999 > May 21, 2014 07:52 PM | Report Abuse

bro kcchongnz, what is the par value for pintaras, it is still rm1 after bonus issue? thanks.

Bonus issue doesn't affect the par value. Share split does.

up_up_up

616 posts

Posted by up_up_up > 2014-05-21 20:41 | Report Abuse

Hi KC, what's your opinion on the quarter results? Good, bad or within expectations? From quick glance total revenue up but net profit down, will this invite selling pressure tomorrow? Thanks.

kcchongnz

6,684 posts

Posted by kcchongnz > 2014-05-21 20:50 | Report Abuse

Posted by up_up_up > May 21, 2014 08:41 PM | Report Abuse

Hi KC, what's your opinion on the quarter results? Good, bad or within expectations? From quick glance total revenue up but net profit down, will this invite selling pressure tomorrow? Thanks.

I have answered your question right to the point here:

http://klse.i3investor.com/servlets/forum/600050564.jsp

up_up_up

616 posts

Posted by up_up_up > 2014-05-21 20:59 | Report Abuse

Thankyou.

yktay1

464 posts

Posted by yktay1 > 2014-05-22 02:17 | Report Abuse

Drop in net income is mainly due to non-cash RM4mil accounting treatment for ESOS. It is just an accounting treatment, what you have to worry about is the dilution of shares, i.e. 7.2mil new shares by the directors once exercised. However, take comfort that the directors' interests are more aligned to the company's success as their compensation is dependent on the company's performance.

Another thing to worry about is the drop in dividend payout. But you should not worry too much about this as the company has record orderbook and probably anticipating some new projects/ capital expenditure needs thus paying less dividends.

I will buy if the share price drops >5%.

Esos was granted as below:-

The Board of Directors of Pintaras Jaya Berhad ("the Company" or "PJB") wishes to announce that the Company has offered the options under Employees' Share Option Scheme to eligible persons of PJB and its subsidiaries, the details of which are set out below :-

(a) Date of offer : 21st March 2014

(b) Exercise price of options offered : RM2.83*

(c) Number of options or shares offered : 7,240,000

(d) Market price of its securities on the date of the offer : RM3.12

(e) Number of options or shares offered to each director, if any :-

Name Designation Options Offered
Dr Chiu Hong Keong Managing Director/Chairman 1,500,000
Khoo Keow Pin Executive Director 1,200,000
Khoo Yok Kee Executive Director 1,000,000
Chiu Wei Wen Executive Director 750,000

(f) Vesting period of the options or shares offered : 0 - 4 years from the date of offer.

up_up_up

616 posts

Posted by up_up_up > 2014-05-22 09:26 | Report Abuse

sell, sell, sell, as predicted. ;)

Overweight

229 posts

Posted by Overweight > 2014-05-22 10:20 | Report Abuse

the 6% single-tier after last bonus issued should be quite good indeed, the steady growth of the company driven from strong performance of both manufacturing and construction division, more significant result will shown in next coming quarters, I'm quite satisfied in overall and thus accumulated more this morning.

choochoo

70 posts

Posted by choochoo > 2014-05-22 10:32 | Report Abuse

I do agree with you Overweight !

jpe15475

14 posts

Posted by jpe15475 > 2014-05-22 10:43 | Report Abuse

Support pintaras

maps

162 posts

Posted by maps > 2014-05-22 12:57 | Report Abuse

yes i full confidence in pintaras. Just bought few lots today. This share sure to go up to RM5 very soon and may be more

up_up_up

616 posts

Posted by up_up_up > 2014-05-22 16:16 | Report Abuse

They should explain why the profit "drop" like KC did, nevertheless positive buy call should help stabilize the stock price.
http://www.theedgemalaysia.com/business-news/290796-hot-stock-pintaras-jaya-falls-24-after-weaker-3q-results.html

njue76

471 posts

Posted by njue76 > 2014-05-22 19:25 | Report Abuse

if broken 4.13...please park at 4.50 first...

matrix6050

1,265 posts

Posted by matrix6050 > 2014-05-22 21:57 | Report Abuse

Although what the tile said is true but it should explain in more details of the reasons that affected the financial performance. I don't see a problem giving ESOS to the employee, furthermore to the director. The awarded contract not even included in the financial yet and usually the last quarter will be much better than the rest. I will buy even more if it drops.

up_up_up

616 posts

Posted by up_up_up > 2014-05-23 09:13 | Report Abuse

http://www.thestar.com.my/Business/Investing/2014/05/22/RHB-Research-maintains-Buy-on-Pintaras/

KUALA LUMPUR: RHB Research maintains its Buy rating on Pintaras with a fair value of RM4.61 in line with the research house one-year forward target price/earnings of 10-16 tiimes for the construction sector.

In a note on Thursday, the research house said Pintaras balance sheet is strong, with net cash of RM110.1mil, or 69 sen/share.

“On top of this, it had portfolio investment managed by external fund managers with a market value of RM50.4mil, or 31 sen/share,” it said.

It said Pintaras’ 9MFY14 results met its forecast, where the company is a good proxy to the buoyant piling segment, backed by the Klang Valley MRT project, a proliferation of high-rise developments, and capacity shortage, which will boost piling rates.

Its key strengths include its full range of piling machines and in-depth knowledge of ground conditions, RHB said.

It said that Pintaras recently secured two sizeable contracts with a combined value of RM145mil.

“These two jobs have almost doubled its outstanding orderbook to RM295mil from RM150mil, and, for the first time, effectively filled up its expanded capacity of about RM300mil from RM150mil, backed by about RM100mil capex in recent years,” it said

WXGWXW

172 posts

Posted by WXGWXW > 2014-05-23 11:39 | Report Abuse

feel gud here. Bought.

oopstikus

242 posts

Posted by oopstikus > 2014-05-23 18:34 | Report Abuse

solid counter

Sapphire

1,765 posts

Posted by Sapphire > 2014-05-23 22:16 | Report Abuse

magni going to fly soon..

Posted by MaldivesHoliday > 2014-05-26 17:29 | Report Abuse

look promising, but risky entering now or wait 1 month good?

WXGWXW

172 posts

Posted by WXGWXW > 2014-05-28 20:10 | Report Abuse

Gua caya lu Pintaras. Properties n Constr naik, lu pun naik.

maps

162 posts

Posted by maps > 2014-06-03 15:17 | Report Abuse

share price not moving at all

Posted by trinitynoob > 2014-06-09 14:46 | Report Abuse

Is share price movement the most important thing for an investor?
or is the improvement in company performance more important?

Are you trading to gain or investing to earn profits from dividend ?

LATO' SELI

394 posts

Posted by LATO' SELI > 2014-06-10 08:30 | Report Abuse

Should be both

danny1

16 posts

Posted by danny1 > 2014-06-10 13:46 | Report Abuse

did someone forgot all his holland stock......

up_up_up

616 posts

Posted by up_up_up > 2014-06-10 15:38 | Report Abuse

who ?

Pak Lah

197 posts

Posted by Pak Lah > 2014-06-10 17:04 | Report Abuse

Tomorrow is the ex-date for an interim dividend of RM0.06. Expect to receive full year dividend of RM0.150. Totally agree with kcchongnz that this counter should be kept as long as the quality of the stock is intact.

Pak Lah

197 posts

Posted by Pak Lah > 2014-06-10 17:19 | Report Abuse

Wow. Ptaras has today won another big size piling project worth RM32mil! http://www.bursamalaysia.com/market/listed-companies/company-announcements/1652597 . The book order now ballooned to RM332mil!

林俊松

6,818 posts

Posted by 林俊松 > 2014-06-10 17:43 | Report Abuse

Dividend ex-date, still not moving...

yktay1

464 posts

Posted by yktay1 > 2014-06-10 18:03 | Report Abuse

The Board of Pintaras Jaya Berhad ("PJB") is pleased to announce that the Company's wholly-owned subsidiary, Pintaras Geotechnics Sdn. Bhd. has, on 10th June 2014, received a Letter of Award dated 9th June 2014 from Quantum Quest Sdn. Bhd. to undertake earthworks and piling works for a proposed building project at Section 87A, Jalan Tun Razak, Kuala Lumpur. The said works is to commence on 23rd June 2014 with a completion period of 15 months. The contract is valued at about RM32 million.

The said contract is expected to contribute positively to PJB Group's future earnings.

None of the Directors or Substantial Shareholders or persons connected to the Directors or Substantial Shareholders has any interest, directly or indirectly in the said contract.

林俊松

6,818 posts

Posted by 林俊松 > 2014-06-10 18:28 | Report Abuse

Faster shoot to RM5!!!

Pak Lah

197 posts

Posted by Pak Lah > 2014-06-10 19:09 | Report Abuse

Be patient lab uncle Lim. We go long for this counter as rightfully suggested by our Taiko kcchongnz.

up_up_up

616 posts

Posted by up_up_up > 2014-06-10 19:12 | Report Abuse

Wow...up up up

Posted by kingdomtan888 > 2014-06-10 19:19 | Report Abuse

This round only pray for lim not for ptras
Unlike other counters that he is holding
Kekekekkeekkeke

林俊松

6,818 posts

Posted by 林俊松 > 2014-06-10 20:21 | Report Abuse

Please pray for me.
Tomorrow Pintaras Jaya shoot RM5!!!
Tomorrow dividend ex-date, I need to hold until entitlement date in order to get the dividend?

Posted by Samtuckfatt > 2014-06-10 23:12 | Report Abuse

Ex date mean date that entitlement is over , if anyone hold till today will entlte for div , anyone buy tomorrow will not entitle for div

nikfakhri

11 posts

Posted by nikfakhri > 2014-06-12 09:48 | Report Abuse

This company is same like Econpile?

1901

532 posts

Posted by 1901 > 2014-06-12 10:15 | Report Abuse

they r the leader follow by sunway and then econpile in this industry sector

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