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.

1,278 comment(s). Last comment by dompeilee 1 day ago

soon9913

2,519 posts

Posted by soon9913 > 2023-08-24 21:23 | Report Abuse

some ppl push down the price because want to collect cheap ticket

soon9913

2,519 posts

Posted by soon9913 > 2023-08-24 21:24 | Report Abuse

buy and hold before too late

speakup

25,307 posts

Posted by speakup > 2023-08-24 21:31 | Report Abuse

speakup cutloss already today. thought will follow Econ but didnt so cutloss

soon9913

2,519 posts

Posted by soon9913 > 2023-08-25 08:59 | Report Abuse

buy back lo.

danchong

493 posts

Posted by danchong > 2023-08-25 11:56 | Report Abuse

Who is selling?

If you look at the top 30 shareholders, you don't see a lot of foreign funds & big institutions. 1,000,000 shares will get you to position 12 in the list.

healthy order book. Cost of raw materials & foreign workers should be under control by now. New contracts should be able to past the higher cost to end users.

3101575000

495 posts

Posted by 3101575000 > 2023-08-25 13:24 | Report Abuse

Bought 1,530 this morning.
In yr 2015 I bought 3,970.
Dividend received can’t cover capital lost

soon9913

2,519 posts

Posted by soon9913 > 2023-08-25 16:19 | Report Abuse

wait result first lo before throwing unless u have insider news

danchong

493 posts

Posted by danchong > 2023-08-26 07:54 | Report Abuse

The construction division recorded a lower revenue of RM67.9 million in 4Q2023 compared to RM101.8 million reported in
4Q2022. The decline in revenue was mainly due to decreased volume of construction works as a result of fewer projects secured.
The PBT for current financial quarter has actually improved as compared to the previous corresponding quarter as the latter
included a one-off gain of RM17.0 million from disposal of asset. Excluding the one-off gain, the profit improved by about
RM0.6 million or 60%.

danchong

493 posts

Posted by danchong > 2023-08-26 08:00 | Report Abuse

Prospects for the Next Financial Year ending 30 June 2024

While sentiment for the local construction sector remains lacklustre, we believe that the coming year would register some improvements due to the tender awards for the MRT 3 project. Furthermore, recent news on the potential revival of the KL-SG HSR project could also be seen as a potential catalyst for the construction sector. This, coupled with the lower raw material prices and normalising of labour shortages would further support the ongoing recovery of the sector. However, political stability, delays in the implementation of mega-infrastructure projects and a weak turnaround of the property sector continue to bear on the construction sector's recovery.

Price competition in Singapore continues to tighten the construction sector's profitability. The Group remains selective in its project tenders as it expects the current competitive market conditions to persist for the remaining months of year 2023. We expect an improved new projects work flow in second half of year 2024 with the impending commencement of projects such as Changi T2 extension, T5, Marina Bay Sands and Resorts World extension.

Going into financial year 2024, our group construction order book of about RM230 million provides some clarity for financial year 2024. The challenge for us is to generate reasonable margins from projects secured and rebuild our order book with profitable projects.

danchong

493 posts

Posted by danchong > 2023-08-26 08:01 | Report Abuse

Our can manufacturing business is expected to improve as tin-plate prices are trending lower. We have successfully installed a new printing line in April 2023. With better production efficiency and enhanced quality, we would be better positioned to stave off competition and increase our market share.

3101575000

495 posts

Posted by 3101575000 > 2023-08-26 15:18 | Report Abuse

Tqvm for sharing

speakup

25,307 posts

Posted by speakup > 2023-08-26 16:08 | Report Abuse

Good thing i cut loss already
Malulah this company. His competitor Econ goreng up but this company cacat

danchong

493 posts

Posted by danchong > 2023-08-28 13:33 | Report Abuse

Let's look closer at the figures.

Revenue is still low but at least will be stable for the coming months from the reasonably high order book. We are not out of the wood but can see some light now.

Core business profit margin picking up slightly. Baring any unforeseen circumstances, it should continue to improve.

Cash pile (short term deposit, investments in money market and bank balances) is RM138mil as compared to Rm127mil last year despite the losses incurred due to high depreciation of Rm35mil?

IMHO, pintaras is in a much better position to capitalise on the recovery of the construction sector if any. Moreover, Singapore although is more competitive, it is a much safer place to be.

3101575000

495 posts

Posted by 3101575000 > 2023-08-29 18:12 | Report Abuse

Good sharing. Tqvm

soon9913

2,519 posts

Posted by soon9913 > 2023-08-29 22:18 | Report Abuse

their prospect mention will be challenging until 2H 2024 lo

Posted by enigmatic [bamboo investing style] > 2023-11-26 22:56 | Report Abuse

The plunge in share price has got me interested. Probably will enter if it falls further to RM1.30+ levels.

dompeilee

11,888 posts

Posted by dompeilee > 2023-12-18 17:10 | Report Abuse

Bought Pintaras for the 1st time since selling it in 1999! Judiciously avoided this since it was first recommended by a fair weather friend @ above $2.20 in 2013...& resisted buying...until today!

dompeilee

11,888 posts

Posted by dompeilee > 2023-12-27 18:14 | Report Abuse

🤗🤗🤗

speakup

25,307 posts

Posted by speakup > 2023-12-27 21:20 | Report Abuse

@dompeilee beli harga berapa?

dompeilee

11,888 posts

Posted by dompeilee > 2023-12-28 09:03 | Report Abuse

@ $1.54 @ 😃dividend + capital gain TYVM!😃

speakup

25,307 posts

Posted by speakup > 2024-01-08 14:36 | Report Abuse

Ptaras - the forgotten construction counter

dompeilee

11,888 posts

Posted by dompeilee > 2024-01-09 09:20 | Report Abuse

$1.70!!! GogoGOOOOO!😃🤗✌

speakup

25,307 posts

Posted by speakup > 2024-01-15 12:06 | Report Abuse

Can see someone collecting

speakup

25,307 posts

Posted by speakup > 2024-01-24 14:15 | Report Abuse

Accumulations

speakup

25,307 posts

Posted by speakup > 2024-02-09 15:11 | Report Abuse

新年快乐

Dehcomic01

305 posts

Posted by Dehcomic01 > 2 months ago | Report Abuse

Pintaras Jaya incurred a loss in 2023 but this is due to a “perfect storm” of lower revenue and higher costs. Its performance in Malaysia over the past few years was affected by the slowdown in the property and construction sector. As such the bulk of the contribution over the past few years has been from its Singapore operations.
https://i.postimg.cc/DzJd8mDL/Pintaras-valuation.png
As the leading foundation and sub-structure contractor in Malaysia, I expect the
Group to rebuild the Malaysian business. When this happens, I expect the market to re-rate it.

For more insights refer to page 22 of https://notice.shareinvestor.com/email/newsletter/invest/pdf/Vol195_Invest-16Feb.pdf

dompeilee

11,888 posts

Posted by dompeilee > 1 day ago | Report Abuse

Back to $1.70!!!📈

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