Posted by RainT > 2018-03-26 20:21 | Report Abuse

Average down today at 2.02


Reason :
Good dividend
Developed affordable home so demand is there
Good FA
Buying when it's undervalued

Posted by smartsing > 2018-03-26 22:22 | Report Abuse

down trend.. break down 200 MA. Good luck

Posted by vcheekeong > 2018-03-28 21:42 | Report Abuse

Post exdiv..down trend

Posted by Richard KH Wong > 2018-03-30 18:08 | Report Abuse

2.00 buy

Posted by Creap Mike > 2018-03-31 18:19 | Report Abuse

where is the back support

Posted by RainT > 2018-04-01 11:37 | Report Abuse

Below 2.00 to buy ?

Posted by masterkill > 2018-04-01 13:20 | Report Abuse

Waiting 1.90

Posted by jordanmaggie61 > 2018-04-02 12:14 | Report Abuse

nono no n

Posted by Creap Mike > 2018-04-04 09:45 | Report Abuse

faint to the max

Posted by 1686 > 2018-04-05 15:34 | Report Abuse

why no rebound...any bad news?

Posted by jordanmaggie61 > 2018-04-05 15:53 | Report Abuse

youtube？

Posted by jordanmaggie61 > 2018-04-05 15:54 | Report Abuse

Google？

Posted by yzgoh6 > 2018-04-05 20:26 | Report Abuse

waiting 1.50

Posted by RainT > 2018-04-06 09:50 | Report Abuse

1.85 now

Faint !

Posted by Yael Jasper > 2018-04-06 10:21 | Report Abuse

why the price drop so much

Posted by Yael Jasper > 2018-04-06 10:21 | Report Abuse

any chance for rebound

Posted by godhand > 2018-04-06 10:57 | Report Abuse

nothing falls forever

Posted by limunn > 2018-04-06 11:41 | Report Abuse

Hopeless Stock, Better throw.

Posted by DroidnPlay > 2018-04-09 08:16 | Report Abuse

Don't fall into the prick, keep it. Sell low for wat, wait for rebound la, BSS is making money ma.

Posted by Lim Tek Wai > 2018-04-09 15:10 | Report Abuse

faint to the max

Posted by godhand > 2018-04-11 10:46 | Report Abuse

this is why weak hand will always lose

Posted by Nick Tung > 2018-04-13 13:01 | Report Abuse

Yeah able to average down on 1.86

Posted by Mike > 2018-04-19 22:42 | Report Abuse

up down up down why is it being so inconsistent

Posted by RainT > 2018-04-22 11:40 | Report Abuse

It's share market la, sure up and down la

Want consistent go FD or bond !

Posted by Patrick13 > 2018-05-05 10:32 | Report Abuse

Matrix Concepts to complete project by next year

SEREMBAN: Matrix Concepts Holdings Bhd expects to complete the development of its Ara Sendayan project here, comprising 1,400 double-storey link houses, by next year.

Managing director Datuk Lee Tian Hock said the residential project sprawled over 78 ha was being developed in four phases.

"We have launched two phases comprising more than 800 units, and the 400 units in the first phase have been fully taken up,” he told reporters after launching the company's sales gallery, Matrix Galleria @ Ara Sendayan, yesterday.

Lee said the opening of the gallery would enable potential buyers to choose their dream houses in a comfortable environment.

"I am confident that the houses in Ara Sendayan will be fully taken up due to its higher-ground location and reasonable prices, which begin at RM609,888,” he added. — Bernama

https://www.thestar.com.my/business/business-news/2018/04/23/matrix-concepts-to-complete-project-by-next-year/

Posted by Patrick13 > 2018-05-05 10:47 | Report Abuse

Extracted from AR2017:

Ara Sendayan

BSS’ first hilltop development, Ara Sendayan is set across 78.5 hectares of land, with a GDV of RM900 million and comprises 1,300 units of residential homes to be built over four (4) phases. Adira Terraces, Phase 1 of Ara Sendayan consisting of 269 units of 2,398 square feet link houses saw strong take up during its launch. The overall development is targeted to be fully completed in the next three (3) years.

With an average take up rate of approximately 80% worth RM489 million, the overwhelming response received at our projects clearly demonstrates that Matrix has put in place the right strategy in delivering well-designed, affordable homes for the general public. This has spurred the Group to launch a pipeline of new projects, consisting of both affordable and premium properties amounting to RM778 million in the next 12 months.

This high-premium project is worth 1,400 units x RM609,888 = RM854mil and the Group just started to recognize sales in recent quarters, can imagine this is new pipeline for these 2-3 years.

Posted by Data5000 > 2018-05-10 21:10 | Report Abuse

omg can 1.78

Posted by 1099 > 2018-05-12 23:13 | Report Abuse

重磅@@@森州刘特佐 @@@森美兰州希望联盟,行动党,万万不可接受这只巫统的狗朋党,要不然五年后重新选判@@@森州华社不是乞丐 ,森州人民更不是乞丐 ! ->森州人民所不知的伪慈善家，狗阵大金主-> 丢5000000元(从人民抢来的钱),迫惑波德申朱湖区选民投狗阵！ =>森州刘特佐 ->勾结狗阵1MBD大贪官-那鸡 ，FEDA大贪官-一沙 , 森狗阵大贪官-黑山， ->低价(约10万/亩) 强征,抢了人民FEDA 5000亩土地 、 ->高价 (约40万/亩) 卖回人民750亩的地给 1MBD ( 空军基地 ）赚了两亿多的污钱 ， ->2年后又以低价(约20万/亩) 强征,抢了人民FEDA Koperasi 230亩土地 ->成了森州大地主 (剩下约4000英亩), 大发展商 , 大金主 。 ->森州刘特佐从1MBD , FEDA 的牵涉全国2件瞩目的大贪案中 , ->以全国2件瞩目的大贪案中,官商贪污勾结, 赚了=>>>几十亿 ， ->再丢回2-3千万人民的钱 (几十亿的<0.5% ) , 乞丐式的施舍给华社 。 ->遮盖丑陋真面目，变脸成伪大慈善家， ->换改贪腐奸商狼名 , 成伪大慈善家, 大金主。 ->再以大金主身份, 丢几百万-整千万资助选举, (从人民抢来的钱), 逼人民在这次大选, ->选他的狗阵大贪官-那鸡, 州狗阵大贪官-黑山, 区狗阵卖华代表 （也是朋党, 也是官商贪污勾结私油奸商) 。 Just copy from Malaysia kini comments, who is this N.Sembilan developer this comment mention? Does it related with Matrix?

Posted by remus > 2018-05-14 12:16 | Report Abuse

@1099 ya seems implying Matrix boss; he very close to former N.Sembilan MB. Not sure how true the accusation.
Surprising, this morning the share only drop a little, i thot going to dive water .....

Posted by bowman > 2018-05-14 12:58 | Report Abuse

If you look at their track record, it was through affordable housing. Sendayan is its baby, where the air force base is now at. It also has landbanks around PD area as well. The company's focus is always affordable housing, particularly Mampu-Milik categories, so I think it will do well. Property sector may be lagging but if your products are well priced, chances are that you will survive the darkest night. I think its shares are worth at least RM2.20, so this is a bargain still - that's why when it dropped to RM1.85, it didnt remain long

Posted by DroidnPlay > 2018-05-14 14:09 | Report Abuse

IMHO, they already said their houses were sold within short timeframe. And people will buy house they afford to, no matter who the boss sided with, yang penting itu price I boleh bayar dan kualitinya pun ok jugak.

Posted by Patrick13 > 2018-05-15 14:00 | Report Abuse

http://www.malaysiastock.biz/Company-Announcement.aspx?id=1057290

Posted by Patrick13 > 2018-05-15 14:31 | Report Abuse

KUALA LUMPUR: Matrix Concepts Holdings Bhd is teaming with two Indonesian companies, among them a JV owned by Salim Group, to look into the possibility to develop an Islamic Financial District in Pantai Indah Kapuk 2, Jakarta.

The company said on Tuesday it had inked an MoU with PT Bangun Kosambi Sukses (BKS) and PT Nikko Sekuritas Indonesia (NSI) to jointly undertake the project.

BKS is jointly owned by Agung Sedayu Group and Salim Group, which is involved in the property development of PIK 2 Sedayu Indo City Indonesia. NSI is an investment banking firm.

Matrix Concept said the MoU was to create a platform for the parties to commit their intention and to strengthen their mutual understanding to undertake the project.

“The proposed Islamic Financial District, is initiated by the Indonesian Government in their quest to position themselves as an Islamic Financial District in view of their large Muslim population,” it said.

Matrix Concept said the definitive JV would affirm its first step to establish its presence in Indonesia, being one of the biggest and growing markets in Asean.

https://www.thestar.com.my/business/business-news/2018/05/15/matrix-concept-plans-islamic-financial-district-in-jakarta-with-salim-group/

Posted by Mike > 2018-05-16 21:46 | Report Abuse

any news when the quarter report will be out?

Posted by WiseVictor > 2018-05-18 08:41 | Report Abuse

Before 31-May, but usually will out around this or next week

Posted by geary > 2018-05-18 20:05 | Report Abuse

Bought...@1.91...good corporate governance...plus Reasonable dividend yield...GL.

Posted by nich0las > 2018-05-18 23:56 | Report Abuse

@1099, i think this link can bring info for you.
http://www.orientaldaily.com.my/s/234081

Posted by 1099 > 2018-05-19 00:57 | Report Abuse

Thanks Nicholas, now I know why the share price keep dropping although the profit and fundamental of the share is good.

Posted by WiseVictor > 2018-05-21 16:47 | Report Abuse

I believe this counter will gain higher revenue and profit after cancellation of GST =)

Posted by davidkkw79 > 2018-05-21 16:50 | Report Abuse

Weird, why matrix share price didn;t go down ? I thought new goverment want to kill all BN related companies ?!

Posted by WiseVictor > 2018-05-21 17:25 | Report Abuse

Why new government want to kill all BN related company? New government need them to rebuild the economy, I don't think it is logic to remove all of them. And yet, Matrix does not has any significant contract or project like Myeg GST project or Gkent Borneo Rail project from previous government, so I think this is the reason it is still worth to invest.

Posted by DroidnPlay > 2018-05-22 08:14 | Report Abuse

True,does not make sense to kill biz, instead need them to rebuild our economy. Dato Lee just wayang only ma, same like Tony la being forced to do something against their will.

Posted by bigmacmj > 2018-05-22 16:22 | Report Abuse

The company has good fundamental to support the price.

Posted by vegebird2020 > 2018-05-23 01:18 | Report Abuse

Today see fb got ppl mention matrix already abandoned by market due to support bn,lol, let’s see

Posted by bowman > 2018-05-23 09:16 | Report Abuse

vegebird2020, read up about Matrix and the business model. It is a people centric developer, sensitive to demands for affordable homes in Negri. It is the only company, I think, who can build "mampu milik" homes with landed property costing about Rm75k. Reason for this is it works with the state government rather than depend on contracts from the last regime. study its fundamentals to appreciate.

Posted by DroidnPlay > 2018-05-23 12:06 | Report Abuse

they focus in BSS n Kluang, Puchong comes up next. People will still buy their affordable house don't really care who the boss is, furthermore Msian is very forgetful one.

Posted by WiseVictor > 2018-05-23 17:32 | Report Abuse

It gives an unexpected good result with yoy up 12.36% when everyone in the same field is declining. However, it has ESOS too much and diluted the profit.

Posted by Larrytrader > 2018-05-23 17:45 | Report Abuse

Awesome good result now can sleep back and relax

Posted by 4444 > 2018-05-23 18:02 | Report Abuse

QOQ profit drop 37.79%. Limit down tomorrow. Run at 9.00 a.m.

Posted by bigmacmj > 2018-05-23 21:20 | Report Abuse

Mar 2017 qtr net profit rm38,984
Mar 2018 qtr net profit rm43,897

Actually the profit has gain, low eps due to bonus issue before and esos.