PINTARAS JAYA BHD

KLSE (MYR): PTARAS (9598)

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Last Price

1.62

Today's Change

-0.01 (0.61%)

Day's Change

1.62 - 1.63

Trading Volume

4,500


8 people like this.

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

abangadik

2,305 posts

Posted by abangadik > 2017-03-29 17:27 | Report Abuse

Load some today...ECRL, HSR... OK DY and balance sheet.

kai8994

391 posts

Posted by kai8994 > 2017-03-31 12:10 | Report Abuse

With LTH on board as one of the substantial shareholders, hopefully it helps to secure some of the high profile projects.

Posted by Ameer Khan > 2017-04-01 11:32 | Report Abuse

Is OK to buy now

jibbie

762 posts

Posted by jibbie > 2017-04-04 21:30 | Report Abuse

profit up, healthy balance sheet, good dividends. but price still hovering around 3.50. hope it goes up soon

jibbie

762 posts

Posted by jibbie > 2017-04-06 09:52 | Report Abuse

all construction stocks flying. Time for ptaras to fly

2017ks

172 posts

Posted by 2017ks > 2017-04-08 15:13 | Report Abuse

fly what? from 3.5 to 3.74 can consider fly ? not even 10% you can just say it is climb not fly my friend

2017ks

172 posts

Posted by 2017ks > 2017-04-09 15:06 | Report Abuse

later when you already hold for 2-3 years for sure what you say will be different especially when you see it climb slower than worm

3101575000

494 posts

Posted by 3101575000 > 2017-04-09 20:24 | Report Abuse

I bought 3.97 (20.1.2015) ;still hold !!!!

jibbie

762 posts

Posted by jibbie > 2017-04-12 16:59 | Report Abuse

wth man.. drop again. demn

2017ks

172 posts

Posted by 2017ks > 2017-04-12 17:09 | Report Abuse

see as I had told you b4 prepare to hold for some time first b4 think of making profit fast with this counter

jibbie

762 posts

Posted by jibbie > 2017-05-04 13:15 | Report Abuse

econpile and ikhmas jaya both went up. wonder when is ptaras turn?

kai8994

391 posts

Posted by kai8994 > 2017-05-17 14:06 | Report Abuse

Finally breakout from 3.80!?

XXXvalue

453 posts

Posted by XXXvalue > 2017-05-25 18:24 | Report Abuse

wow.. what is the reason?

XXXvalue

453 posts

Posted by XXXvalue > 2017-06-09 10:07 | Report Abuse

hello hello why this forum so quiet??? Already breakout 4 and 8s div also still not happy?

sysz820

64 posts

Posted by sysz820 > 2017-09-12 13:51 | Report Abuse

What happend with PTARAS?

Rica7894

165 posts

Posted by Rica7894 > 2017-09-21 09:09 | Report Abuse

Pintaras: Benefit From Big Construction Wave & Appealing dividend yields.

-Strong Balance Sheet.-
As at 30 June 2017, it had liquid assets (86% cash and 14% portfolio investment ) worth a total of MYR 208.5m or MYR1.27/share.

Its net cash of RM179m or RM1.09/share ( c.28% of its current market cap ) should support net DPS of 20 sen (net yield of 5.2%).

-Appealing dividend yields.
DPS of 20 sen was declared in FY17. Given the current low yielding environment, Pintaras stands out as an excellent dividend play with annual dividend yield of 5.2%.

-Potential shortage of piling industry capacity.-
Order book stands at RM50m as at 31 Aug 2017. Although the outstanding order book is low at RM50m, Pintaras has a good chance to win contracts with its readily available capacity, given the potential shortage of piling industry capacity.
The management will be able to secure more new contracts from its current high tender book of RM1.2bn, which includes works for LRT Line 3 and Bandar Malaysia projects. Property developers are focusing on high-density mixed development projects, which require more piling works.
Hence, Pintaras will benefit from higher demand for bore piling services in 2H.

Posted by michael_jackson > 2017-09-21 18:04 | Report Abuse

waiting for my next dividend payment on 12/01/2018....wow, 20 sen total amount of dividend this year same like last year....very very happy.....as long they keep paying me a good dividend every year, i shall add some more in my stock.......malaysia boleh!!!

Posted by dayang_suri > 2017-09-21 23:34 | Report Abuse

me also....waiting for my dividend...

3101575000

494 posts

Posted by 3101575000 > 2017-10-24 21:21 | Report Abuse

Pintaras bags RM20.4 mil pilework project.
Hopefully some project to be announced........

3101575000

494 posts

Posted by 3101575000 > 2017-10-24 21:24 | Report Abuse

Hopefully: more and more project secure to be announced
加油! 加油...........

sysz820

64 posts

Posted by sysz820 > 2017-10-24 23:48 | Report Abuse

Pintaras look forward future return

sysz820

64 posts

Posted by sysz820 > 2017-10-30 15:15 | Report Abuse

Any one know what happend with pintaras?
Suddenly drop 0.50

kfoong81

38 posts

Posted by kfoong81 > 2017-10-30 17:41 | Report Abuse

No idea, could have bought in some

3101575000

494 posts

Posted by 3101575000 > 2017-10-30 17:45 | Report Abuse

Maybe someone needed cash for urgent use, so just thrown! At last recovered ..ha ha ha

KiaSu

112 posts

Posted by KiaSu > 2017-11-21 08:51 | Report Abuse

When is the QR result release?

3101575000

494 posts

Posted by 3101575000 > 2017-11-21 21:16 | Report Abuse

before end of Nov.,2017

Posted by shareinvestor88 > 2017-11-24 23:38 | Report Abuse

today results. net cash 200m

sysz820

64 posts

Posted by sysz820 > 2017-12-20 16:10 | Report Abuse

Anyone know when ptaras will give dividen?

3101575000

494 posts

Posted by 3101575000 > 2017-12-20 17:53 | Report Abuse

ex date 26-12-2017

3101575000

494 posts

Posted by 3101575000 > 2017-12-20 17:55 | Report Abuse

payment date 12-1-2018 (12 cts)

sysz820

64 posts

Posted by sysz820 > 2018-02-27 19:15 | Report Abuse

Hi all,any comment for the latest qr report?

Y2016

165 posts

Posted by Y2016 > 2018-02-27 20:26 | Report Abuse

Buy more

LATO' SELI

394 posts

Posted by LATO' SELI > 2018-04-12 10:39 | Report Abuse

Can anobody share, why this counter keep dropping

Y2016

165 posts

Posted by Y2016 > 2018-07-02 20:48 | Report Abuse

Getting much more difficult to secure new jobs nowaday

Sami_Value

429 posts

Posted by Sami_Value > 2018-07-02 21:50 | Report Abuse

They screwed up on 118, need Bauer to be called in to help their package. That is the RUMOR I heard.

One screwed up, people will forever remember.

jibbie

762 posts

Posted by jibbie > 2018-07-12 19:19 | Report Abuse

what happened to ptaras? anyone still holding? i used to think this was a good company a few years ago

sysz820

64 posts

Posted by sysz820 > 2018-07-16 21:41 | Report Abuse

Receive deviden,thank you

Y2016

165 posts

Posted by Y2016 > 2018-07-16 22:45 | Report Abuse

Ptaras is still a good company just that their business prospects will not as good as previous years

jibbie

762 posts

Posted by jibbie > 2018-07-20 19:32 | Report Abuse

maybe ptaras will start to go up with the recovery of construction counters

James Ng

2,678 posts

Posted by James Ng > 2018-07-31 07:54 | Report Abuse

https://klse.i3investor.com/blogs/general/167525.jsp
[转贴] [PINTARAS JAYA BHD,建筑业务的近期前景难以预测,房地产开发商不愿意颁发项目] - James的股票投资James Share Investing

4444

1,795 posts

Posted by 4444 > 2018-08-29 04:28 | Report Abuse

QOQ profit drop 53%.

4444

1,795 posts

Posted by 4444 > 2018-08-29 04:29 | Report Abuse

DPS>EPS will make QR worse next QR.

KenaTipu_

47 posts

Posted by KenaTipu_ > 2018-10-04 21:53 | Report Abuse

If 61 years BN govn can change finally why a good ctr cannot turn bad?

jibbie what happened to ptaras? anyone still holding? i used to think this was a good company a few years ago
12/07/2018 19:19

Y2016

165 posts

Posted by Y2016 > 2018-10-18 20:04 | Report Abuse

Pintaras is still a good company

BlackWhite

1,053 posts

Posted by BlackWhite > 2018-10-19 18:05 | Report Abuse

Where got so many pilling work now

Posted by neville_83 > 2018-10-23 15:52 | Report Abuse

Any updates from today’s AGM?

Posted by commonsense > 2019-02-04 17:22 | Report Abuse

Excluding the one-off gains on disposals and the fair value loss on financial assets, 1Q19 result would have actually been a lot lower than the reported RM2.8mil profit (core profit would have been around RM500k). Investors are worried that the margins compression seen in 1Q19 will stay for the foreseeable future given the challenging market for piling services at the moment. Other piling companies like Econpile and Ikhmas Jaya also recorded lower profit margins in their recent quarterly result.

With a depleting orderbook of only RM300mil (potentially can last until end of FY20) the company will be desperate in getting new contracts to replenish its orderbooks. The negative outlook of the construction industry (due to government decision to review, delay or cancel big projects) and property industries (developers are scaling back on new launches) might make it challenging for Pintaras Jaya to asked for higher margins when submitting their tenders given that there will be a lot more contractors eyeing for a smaller pie of any future projects.

Near future earnings will mainly derive from the Singapore market (via their newly acquired Pintary International which has 70% of the orderbook value). However, it is still not sure what will the margins be for the Singaporean market. Full quarter contribution can only be seen in the 2Q19.

If the company managed to achieve a Pat of RM10mil for FY19 (assuming the Singapore business managed to deliver a higher profit margin), at the current share price, Pintaras Jaya would still be valued at 38x PE which is very high for a company with limited orderbooks, declining profit margins and operating in the construction industry which is currently trading at an average of below 10x PE.

If you are looking to diversify your portfolio outside of Pintaras Jaya (due to its relatively high valuation and weak earnings outlook), I would recommend you to look at MBMR.

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.9x PE (based on target FY18 profit of RM145mil. 9m profit is already RM106mil). PB is low at only 0.7x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17.

FY19 growth will be driven by the still high demand of the new Myvi and the newly launched SUV Aruz and also the newly revamp Alza in 2H19. The recent announcement of closure and potential disposal of the loss-making alloy wheel manufacturing business alone is expected to boost the company’s profit by an additional RM20mil. I am projecting a profit to shareholder of RM170 mil for FY19 which at the current price values MBMR at only 5.9x PE.

Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions. There are 8 analysts in total covering the stock with most of them having a TP of above RM3 (all have a buy rating). The average TP for the 8 analysts is around RM3.50.

Good luck.

Posted by chongyh84 > 2019-02-23 09:52 | Report Abuse

Pintaras' foray into Spore is starting to pay off. If it weren't for RM7.8mil in FV loss in investments, the net profit for the 2Q19 quarter would have been at least RM9mil...

Posted by KUKU JIAO PUNTER > 2019-02-27 10:36 | Report Abuse

If If If so many ifs

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