Posted by SHQuah > 2018-12-02 10:23 | Report Abuse

Monday technical rebound.

Posted by RainT > 2018-12-02 12:35 | Report Abuse

@shquah

U also n matrix.....other than gkent

Posted by RainT > 2018-12-02 12:37 | Report Abuse

Epf buy not means good or bad

Sometimes good company epf also buy
Bad company also still buy
Good company also sell

Epf often do the reverse ...

Posted by Dakewlest > 2018-12-02 18:14 | Report Abuse

I bought last week. If drop more will buy more...

Posted by SHQuah > 2018-12-03 07:44 | Report Abuse

https://www.cnbc.com/2018/12/02/dow-futures-surge-after-trump-and-xi-agree-to-pause-the-trade-war.html

Dow futures surge more than 400 points after Trump and Xi agree to pause the US-China trade war

Posted by SHQuah > 2018-12-03 07:45 | Report Abuse

Asian shares set to rally Monday on Sino-U.S. trade truce

Read more at https://www.thestar.com.my/business/business-news/2018/12/03/asia-relieved-at-sino-us-trade-truce-a$-jumps/#9SJDYGuovqOdqYsC.99

Posted by SHQuah > 2018-12-04 07:39 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5994433

EMPLOYEES PROVIDENT FUND BOARD
29 Nov 2018
500,000
Acquired Direct Interest
Direct (units) 47,467,407
Direct (%) 6.305

Posted by SHQuah > 2018-12-05 08:24 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5995809

EPF 30 Nov 2018 1,000,000 Acquired

EPF continue buying 3 days in a row.

Posted by SHQuah > 2018-12-10 08:37 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6000065

EPF ACQUISITION OF SHARES
Total no of securities after change 48,491,407
Direct (%) 6.441

Posted by Dakewlest > 2018-12-10 17:08 | Report Abuse

Good to accumulate now?

Posted by Dakewlest > 2018-12-10 17:55 | Report Abuse

Hope Matrix can sustain dividend payment

Posted by SHQuah > 2018-12-11 07:45 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6001457

EPF 06 Dec 2018 97,800 Acquired

Posted by SHQuah > 2018-12-12 08:40 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6003157

EPF 07 Dec 2018 91,800 Acquired
Direct (units) 48,681,007
Direct (%) 6.467

Posted by SHQuah > 2018-12-13 07:47 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6004325

EPF 10 Dec 2018 500,000 Acquired

Posted by James Ng > 2018-12-13 12:58 | Report Abuse

https://klse.i3investor.com/blogs/general/186471.jsp
[转贴] [MATRIX CONCEPTS HOLDINGS BHD：加强位于柔佛州居銮的Bandar Seri Impian和Seremban，Negeri Sembilan的Bandar Sri Sendayan的城市开发项目] - James的股票投资James Share Investing

Posted by SHQuah > 2018-12-13 13:48 | Report Abuse

https://www.thestar.com.my/business/business-news/2018/12/13/analyst-reports/

By AllianceDBS Research
Buy Target price: RM2.50

DESPITE Matrix Concept Holding Bhd (Matrix’s) record high property sales at its two flagship projects, Bandar Sri Sendayan (BSS) in Seremban and Bandar Sri Impian (BSI) in

Kluang, AllianceDBS analysts gave a lower EPS forecast due to, “Our more conservative property sales and margin assumptions.”

The majority of Matrix’s launches are priced below the RM600,000 per unit mark, leveraging on the robust demand for affordable homes.

The sales momentum going forward is likely to remain on the uptrend, as Matrix still has a large pipeline of affordable homes which are ready for launch.

BSS remains the jewel in its crown given the low average land cost of RM7 psf (with infrastructure in place) when its affordably-priced properties are already selling at around RM200 psf, leading to significantly higher-than-average profit margins.

Analysts believe that this unrivalled competitive advantage will make Matrix the best proxy to pure township developments, which are set to outperform in this challenging market.

AllianceDBS also stated that timely launches of its projects in the Klang Valley will be critical for boosting its earnings growth.

A potential rating catalyst would be the new air force training base at BSS is scheduled for completion by end of 2018 which will then accommodate an additional estimated 3,000 population.

While Matrix’s dividend payout policy stands at 40%, a higher payout like FY18’s 45% could help re-rate its stock price.

Analysts maintain their Buy call with a higher TP of RM2.50, based on an unchanged 30% discount to our fully-diluted RNAV of RM3.56.

Matrix is currently trading at a bargain 6x FY19 PE despite sustainable earnings visibility and decent dividend yield of around 6.5% for this township developer and key risks to AllianceDBS’ view would be the rising household debt and softer consumer sentiment which may lead to lower property sales.

Posted by SHQuah > 2018-12-14 07:53 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6005177

11 Dec 2018
378,200
Acquired

Posted by Dragon88 > 2018-12-21 17:08 | Report Abuse

RSI is in oversold position. Time to accumulate ....

Posted by RainT > 2018-12-21 17:10 | Report Abuse

@SHQuah

You also a investor in MATRIX?

How much is your average cost price?

Posted by AidenCrox > 2018-12-21 20:29 | Report Abuse

EPF is buying in millions these 2 months but the price is not going up one bit. Feels like someone is throwing the shares to them.

I've been investing in both Matrix and Matrix-WA since years ago. Average cost for Matrix is RM2.1, Matrix-WA is RM0.35. Huge paper loss now.

Posted by DroidnPlay > 2018-12-24 09:37 | Report Abuse

Anyone ever wonder, why the director always dispose a very tiny portion at the wrong time? They are not short of money, take profit is a joke since that disposable worth penny to them.

Posted by MirageHotelPD > 2018-12-24 16:13 | Report Abuse

@DroidnPlay, not all directors are wealthy. I guess some of them are by appointments and not really can hold long.

Posted by DroidnPlay > 2018-12-26 15:31 | Report Abuse

@Mirage, you could be right, but Dato IR xxxx who is holding 600k units, don't think he disposed a tiny 10k for fun.

Posted by MirageHotelPD > 2018-12-26 16:55 | Report Abuse

600k is only 0.079% of the share issue! Could not be bother..

Posted by MirageHotelPD > 2018-12-26 16:59 | Report Abuse

From what I understand, even some of Matrix's metal painting contractors are holding few million shares in hands for long..

Posted by RainT > 2018-12-29 09:26 | Report Abuse

after 1 year plus

come back, MATRIX share price still at plus minus 10%

good: is share price stable, not free fall , protect our capital invested
bad : opportunity costs & waste time

but good is really the dividend la

Posted by RainT > 2018-12-29 09:29 | Report Abuse

so lets continue hold hold for long term

until the property segment sentiment be good , after 2 to 3 years maybe

Posted by Kim > 2019-01-16 15:17 | Report Abuse

https://www.klsescreener.com/v2/news/view/480974

Posted by bowman > 2019-01-17 09:57 | Report Abuse

Matrix's Lukut projects will benefit greatly from PD's redevelopment under Anwar.

Posted by Dakewlest > 2019-01-22 17:08 | Report Abuse

Good news coming?

Posted by Abdul Samad Abdul Rahman > 2019-01-26 20:04 | Report Abuse

sudden spike late friday .monday possible move to 2.00.any news?

Posted by MirageHotelPD > 2019-01-28 09:47 | Report Abuse

During Last Saturday Group dinner, Group Exe Deputy Chairman mentioned that the sales target of 1.2B had already achieved 2 months ahead of financial year 2018/19. While most other developing companies size down development next year, Matrix will maintain at least 1.2B sales target next financial year. This could means the dividend rate could maintain at least 6.6% at current price of 1.97

Posted by MirageHotelPD > 2019-01-28 15:51 | Report Abuse

Besides huge population of TUDM will move in BSS this year. Coming project will be Central Business District covering 46Ha in BSS which will have gross development value of RM4bil. This Mega project will include hospitality, commercial, shopping malls, 400 beds Medical centre, Residential and a convention centre. Necessary approvals already obtained and now in talks with interested parties which target to announce this year.

Posted by AhHuatKopi > 2019-01-29 12:14 |

Post removed.Why?

Posted by AidenCrox > 2019-01-29 14:25 | Report Abuse

@martinbartesque
Can't just calculate the sales from this quarter as a lot of them would still be unbilled. But nonetheless looking at the historical high unbilled sales last quarter, coming few quarters EPS and revenue should grow at a good pace. Factor in multiple new projects and mega JV projects at multiple location/country, current price is extremely undervalued.

Posted by AidenCrox > 2019-01-29 15:28 | Report Abuse

Didn't notice he used the term 'revenue' instead of 'sales'. But the 1.2b target was sales target instead of revenue target mentioned several times in previous QR. If it is really revenue as per what he said then coming QR EPS will break historical high by big margin.

Posted by RainT > 2019-01-30 00:13 | Report Abuse

THis matrix have any good news also no use,

the share price cannot reflect it, continue downtrend

if u ad hold for some time, u will understand MATRIX trend

no matter qtr result is good, unbilled is good , share price still downtrend

can just keep for its dividend

property sector is not in uptrend now

Posted by AidenCrox > 2019-01-30 13:12 | Report Abuse

@martinbartesque why did you delete all your comments yesterday? Make my comments look like talking to ghost lol.

Posted by kalteh > 2019-01-31 09:18 | Report Abuse

Given your RM273mil is correct, the EPS cannot be extrapolated from previous years as NOSH has increased. Current shares outstanding is 753mil.

So 273/753 = EPS 36.25 with PE 7, price will be RM2.54.

Posted by kalteh > 2019-01-31 09:21 | Report Abuse

Also, I am not sure all the 1.2bil revenue can be recognized in current financial year so your analysis might be wrong.

Posted by WoonDeWai > 2019-01-31 09:38 | Report Abuse

whats ma20 and ma200?

Posted by bowman > 2019-01-31 12:53 | Report Abuse

EPF has been acquiring since December. Just figure that out

Posted by RocketRider > 2019-01-31 15:08 | Report Abuse

Need to break the 2.00 resistance 1st

Posted by LoveyDovey > 2019-01-31 16:13 |

Post removed.Why?

Posted by MirageHotelPD > 2019-01-31 16:23 | Report Abuse

812mil is from Oct 2018 to Jan 2019 not just Oct-Dec 2018

Posted by AidenCrox > 2019-01-31 16:54 | Report Abuse

Current financial year 1H is at 483mil revenue.
Current achieved revenue 1.2b - recognized revenue 483m = 717m.
Unbilled sales since 1 year ago stood at around 1.1b - 1.2b. Last quarter was at 1.4b.
Meaning, even if the achieved revenue 1.2b is not fully recognized in coming quarters, the previous unbilled sales will cover.

Coming few QRs should easily break historical high, might even be consecutively.

Posted by LouiseS > 2019-02-03 18:58 | Report Abuse

Last 5 years EPS on decreasing trend, decreased by 74.5% over last 5 years, PE ratio is low at 6.8, ROE 17%, and dividend yield 6.8%

https://louisesinvesting.blogspot.com/2019/02/preliminary-screening-of-counters-with_45.html

Posted by AidenCrox > 2019-02-03 21:46 | Report Abuse

@LouiseS
EPS seems dropping only because Matrix gave out bonus shares 3 times over last 5 years. Analyse EPS trend without considering capital changes of shares is very wrong. Contrary to your analysis, Matrix has achieved historical highest earning in the past 4 quarters compared to any financial year since listed. Its revenue and profit growth has been very consistently increase over all these years, and might grow significantly in the coming few quarters due to very high unbilled sales at the moment and government effort to boost property market.

Posted by Winmore88 > 2019-02-07 10:23 | Report Abuse

potential 100% return for matrix-wa from current price. 15.5c

Posted by Winmore88 > 2019-02-07 18:49 | Report Abuse

Hehe..matrix wa closed at 17c. Buta buta 1.5c profit. Congratz to those who followed me