Posted by Nostradamus > 2017-07-20 17:41 | Report Abuse

bowman, flag?

Posted by Calvin Wai > 2017-07-21 07:44 | Report Abuse

Anyone knows why the dividends haven't credited in to our account?

Posted by bowman > 2017-07-21 11:50 | Report Abuse

If you are into long-term investment, here is something to think about. See if the concept gels with your vision, of a profitable holding.
https://www.bfm.my/bg-dato-mohamad-haslah-amin-matrix-concepts-matrix-concepts-profiting-from-affordable-housing.html

Posted by Chess > 2017-07-22 17:09 | Report Abuse

NOTICE IS HEREBY GIVEN THAT the Twentieth Annual General Meeting (20th AGM) of Matrix Concepts Holdings Berhad (“MCHB” or “the Company”) will be held at Halia Room, d’Tempat Country Club, PT12653, Jalan Pusat Dagangan Sendayan 1, 71950, Bandar Sri Sendayan, Negeri Sembilan Darul Khusus, Malaysia on Wednesday, 16 August 2017 at 10.30 a.m.

Posted by kcwong > 2017-07-24 08:49 | Report Abuse

So should announce bonus issue in the AGM...

Posted by Chess > 2017-07-24 16:41 | Report Abuse

@kcwong To approve bonus issue in AGM by shareholders.

Posted by Calvin Wai > 2017-07-24 17:57 | Report Abuse

Is the dividends released? I don't receive yet.

Posted by Chess > 2017-07-25 08:26 | Report Abuse

@ Calvin. You should receive dividends last month. Please contact your agents for further details.

Posted by DroidnPlay > 2017-07-25 08:45 | Report Abuse

Y Dato Lee disposed just before AGM? Any rationale guide?

Posted by Calvin Wai > 2017-07-25 09:23 | Report Abuse

@Chess, alright I thought this month. My mistake. Thanks for the info.

Posted by Aero1 > 2017-07-25 11:27 | Report Abuse

Droidnplay .. if the disposal of shares by Mr Lee to institutional investors could potentially enlarge the pie then why not. I believe it helps to raise the company's profile as well as liquidity of the shares. It is by all means that these investors believe the share price will up further.

Sharing is powerful.

Posted by Aero1 > 2017-07-25 11:30 | Report Abuse

With the successful launch of Adira Terrace hilltop development in April, the sold out 269 units should have raised the unbilled sales amount for this quarter.

Posted by DroidnPlay > 2017-07-25 12:45 | Report Abuse

Aero1, thanks for your 2c.Township in Kluang is impressive, not sure about Sendayan2, too far to travel up.

Posted by Aero1 > 2017-07-25 14:14 | Report Abuse

So confident he is. Intention to trade shares during the closed period. http://www.bursamalaysia.com/market/listed-companies/company-announcements/5495405
All good signs.

Posted by Aero1 > 2017-07-25 14:18 | Report Abuse

No period is good period no period is bad period.
This shows he is a reliable and respectable man. His doing is sustainable in nature.

Posted by Bratt > 2017-07-26 18:37 | Report Abuse

Wondering if there are any surprises for the coming AGM.

Posted by Aero1 > 2017-07-28 12:07 | Report Abuse

More meaningful to find out WHO bought the shares sold down by Dato Lee.
Done through market so you need not go through the authorities.
Now who want to strong buy this property counter? He saw what we don not see! Great!

Posted by Chess > 2017-07-28 13:25 | Report Abuse

Total 8.5 millions shares. Mean the share at least worth RM 2.70.

Posted by gongkia > 2017-07-30 10:27 | Report Abuse

Circumstances by reason of which change has occurred: DISPOSAL OF SHARES IN THE OPEN MARKET TO INSTITUTIONAL INVESTOR


INSTITUTIONAL INVESTOR <<<<<<<<<<<<<<<<<<<<

Posted by Aero1 > 2017-08-02 10:09 | Report Abuse

Where to find.
Yield + growth.
Darling to institutional funds. Hold on and stayed invested.

Posted by azman > 2017-08-02 18:52 | Report Abuse

Another 2m shares changed hand frm Dato Lee to the institutional buyer whom i believed is the same one being buying for few days now. Not sure who.

Posted by azman > 2017-08-02 18:53 | Report Abuse

Price transacted @ 2.73 a share

Posted by wilsonchan87 > 2017-08-02 19:04 | Report Abuse

interested to know who are keep buying the share from Dato Lee. EPF? or Foreign fund

Posted by Aero1 > 2017-08-02 19:21 | Report Abuse

The disposal of shares is a sign of confidence to the company prospects. The acquirers are institutional investors who have managed to convince Dato Lee to sell down. Dato Lee is confident that his interest will not be diluted as the pie will get bigger. Kudos to Dato Lee!

Posted by yokemui > 2017-08-03 01:14 | Report Abuse

HI guys/gals, I have 10 lots bought before the dividend date. Do I have any free bonus shares or warrants by now? I'm a passive investor n don't follow my stocks actively. Can anyone share some info here? Thanks!

Posted by bsngpg > 2017-08-03 06:13 | Report Abuse

Ex date for the proposed 1:4 bonus has not been announced. Thus your 10 lots on hand entitle for the upcoming bonus issue. Matrix suits inactive investor well for its quality and dividend. Good luck.

Posted by kcwong > 2017-08-03 08:34 | Report Abuse

Ya, now everyone wait for the bonus shares approval date. Pls keep till then. Should raise more after the AGM.

Posted by Aero1 > 2017-08-03 08:49 | Report Abuse

Unbilled property sales are set to go higher. Stay tuned.

Posted by Bratt > 2017-08-03 10:03 | Report Abuse

TP 3.15 before bonus ex date. Thinking to keep all shares, as Matrix is one of the approved Economical housing developers. Next decade will see the rise of affordable housing players. That is on top of moving steadily into Medical and Education field.

Posted by kcwong > 2017-08-04 08:08 | Report Abuse

Ya, stable and high dividend stock, i am still thinking wanna sell or keep after getting the bonus shares...

Posted by azman > 2017-08-04 18:55 | Report Abuse

Today drop. Buying opportunity again.

Posted by Chess > 2017-08-05 14:15 | Report Abuse

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS PROPOSED ACQUISITION OF VACANT AGRICULTURE LAND HELD UNDER SEPARATE INDIVIDUAL TITLES, LOCATED WITHIN MUKIM JIMAH, DAERAH PORT DICKSON, NEGERI SEMBILAN DARUL KHUSUS BY BSS DEVELOPMENT SDN BHD ("PROPOSED ACQUISITION")
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5507429

Posted by bowman > 2017-08-06 07:45 | Report Abuse

Jimah is on the coastal side of northern PD, and most agricultural land is along the Sepang-Lukut/PD coastal road. This main road is seldom used since the PLUS was introduced but because of jams these days, this route is getting very popular. God knows what Matrix wants with the land if it bought it many years ago, but now, you can roughly see the investment opportunities for a township here, nearer to Lukut and the coast, and PD, and not far from Sepang and KLIA. Just a wild guess - could it be for their foray into an integrated township as seen now in Sendayan? Any brothers with other views can tell?

Posted by Bratt > 2017-08-07 09:46 | Report Abuse

Yup. Most likely a township and with hotel. Sepang is a forbidden area for new township, the rich folks there are waiting for nearby new development to pump money into. Matrix is developing the southwest corridor, and is a major player there now. Jimah is good location and access roads will be built in the next ten years. Likely to have an upscale retirement home there too, given the serene surrounding with scenery.

Posted by bowman > 2017-08-07 10:39 | Report Abuse

Jimah township is less than 5km from the Sepang-Lukut road. It is also near the coast and given the fully developed Sepang tourism belt and Port Dickson's already populated beach front, Jimah may just be the missing link for the coastal tourism belt. This purchase is good strategy but since the land is agriculture in nature, it may need to be converted first. If you know when the land use is converted, you may just know when the development plans will come

Posted by beginnerlearning > 2017-08-07 15:19 | Report Abuse

Do a google search on where is Kampung Baru Jimah. The Company's announcement already highlighted that the lands bought are next to sendayan.

Posted by Chess > 2017-08-07 21:23 | Report Abuse

Hi, can you pls highlight the sentence that the company's announcement said the lands bought are next to sendayan? It is because i could not see it. Thank you.

Posted by yokemui > 2017-08-08 17:19 | Report Abuse

Big drop today, guys. Any reason(s)??

Posted by Larrytrader > 2017-08-08 17:23 | Report Abuse

not sure

Posted by azman > 2017-08-08 17:46 | Report Abuse

Fundamentals intact. Nothing to worry. Buying opportunities. Matrix is for long term hold, not speculative.
Institutional buyer bought @ 2.73 a piece. Now u can buy @ 2.66 - 2.67. Why not? For those still with bullets, this is one counter not to be missed

Posted by wilsonchan87 > 2017-08-08 21:42 | Report Abuse

Matrix Q result will out on 24/8/2017 after double check with their IR

Posted by Larrytrader > 2017-08-08 22:42 | Report Abuse

in their annual report everything is good with dividend and bonus issue coming

Posted by Aero1 > 2017-08-09 10:55 | Report Abuse

If he is willing to sell his shares to institutional investors, do you think he will accept to receive lower dividend? After bonus issue he should at least be getting same, if not larger, amount of dividend.

Posted by Bratt > 2017-08-09 14:01 | Report Abuse

The drop is just rigging lah. You see so few players at the counter. Due to shares not liquid, easy to drop the price or increase it. Mainly insiders playing lah... trying to maximize benefit. If you have bought the shares, hang on to them!

Posted by DroidnPlay > 2017-08-09 14:50 | Report Abuse

Throw at 2.66-2.67 la. Else how we accumulate, then we can sell above Rm2. 73. Dato sold at that price, but these ppl more generous n richer than Dato, willing to sell lower at 2.67 wahahaahah. Let them sell...

Posted by Chess > 2017-08-09 16:56 | Report Abuse

http://www.mcarnegie.com.au/gallery.php

Guys, you may refer to the website for Matrix project progress in Australia.

Posted by azman > 2017-08-09 19:22 | Report Abuse

Land purchases to ensure strong margins for Matrix Concepts

AllianceDBS Research

/

The Edge Financial Daily


August 08, 2017 10:18 am MYT

This article first appeared in The Edge Financial Daily, on August 8, 2017.

-A+A

Matrix Concepts Holdings Bhd 
(Aug 7, RM2.73)
Maintain buy rating and a target price (TP) of RM3: Matrix Concepts Holdings Bhd announced the proposed acquisition of 21 parcels of 132 acres (53.4ha) of agricultural land in Port Dickson for RM57 million from individual landowners. We understand that the land parcels are located next to its existing Bandar Sri Sendayan township.

Matrix Concepts currently has an estimated 1,750 acres (708.2ha) of land bank worth RM9 billion in gross development value (GDV), mainly concentrated within its vast Bandar Sri Sendayan township. The proposed acquisition is expected to contribute an additional RM700 million to GDV, further extending the vibrancy of Bandar Sri Sendayan. 

The purchase price of RM57 million implies a payment of RM9.90 per sq ft which is a bargain valuation in our view, taking into consideration the daunting task of negotiating with the respective small-parcel owners. This acquisition also makes up 8% of the estimated potential GDV, which should ensure strong margins for Matrix Concepts for its affordable housing products.

We maintain our “buy” rating and TP of RM3, based on a 30% discount to our fully diluted revised net asset value of RM4.27. Matrix Concepts is currently trading at a bargain 7.5 times financial year 2018 forecast (FY18F) price-earnings ratio despite strong earnings visibility and a decent dividend yield of about 5% for this township developer. — AllianceDBS Research, Aug 7
 

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Posted by Larrytrader > 2017-08-09 20:01 | Report Abuse

they have one bonus issue

Posted by jady > 2017-08-10 06:09 | Report Abuse

Sorry guys, beginner here. If buy now still can get dividend? Thanks!

Posted by dextronium > 2017-08-10 06:18 | Report Abuse

You are entitled for next dividend which is not yet announced.