MATRIX CONCEPTS HOLDINGS BHD

KLSE (MYR): MATRIX (5236)

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Last Price

2.15

Today's Change

-0.03 (1.38%)

Day's Change

2.14 - 2.19

Trading Volume

1,603,200


16 people like this.

2,400 comment(s). Last comment by lonelybunney 2 months ago

emma

281 posts

Posted by emma > 2014-01-02 12:27 | Report Abuse

Got ppl run. ...?

Ann Thian

377 posts

Posted by Ann Thian > 2014-01-02 13:09 | Report Abuse

Yes...but don't worry If keep long term

emma

281 posts

Posted by emma > 2014-01-02 13:31 | Report Abuse

Ann : agree !
If keep long term no need worry avthg. ..

emma

281 posts

Posted by emma > 2014-01-02 13:31 | Report Abuse

Drop more buy more. ..!!

emma

281 posts

Posted by emma > 2014-01-02 13:32 | Report Abuse

Slowly slowly buy in. .is good method

Ann Thian

377 posts

Posted by Ann Thian > 2014-01-02 13:51 | Report Abuse

:)

step6978

275 posts

Posted by step6978 > 2014-01-02 14:52 | Report Abuse

Thanks KaiKai Yuan.

Nothing wrong with the company!

invest1818

478 posts

Posted by invest1818 > 2014-01-02 15:56 | Report Abuse

Heavy overselling

Posted by fauzyrusdeny > 2014-01-02 17:13 | Report Abuse

come back.....

asamlaksa

675 posts

Posted by asamlaksa > 2014-01-02 17:16 | Report Abuse

Nice come back. Speculators and the unconvinced should be eliminated. Tomorrow can up already.

papa

216 posts

Posted by papa > 2014-01-02 17:43 | Report Abuse

Keep patience .....

emma

281 posts

Posted by emma > 2014-01-03 08:32 | Report Abuse

Hope today can drop more. .

BBB79

2,689 posts

Posted by BBB79 > 2014-01-03 08:35 | Report Abuse

wait it stable then only buy, keep drop like no limit...

emma

281 posts

Posted by emma > 2014-01-03 10:04 | Report Abuse

Buy. ..!!!!!!

emma

281 posts

Posted by emma > 2014-01-03 10:04 | Report Abuse

Rebounds !!!!!

emma

281 posts

Posted by emma > 2014-01-03 10:05 | Report Abuse

Lol. ..suddenly up so mny. ..why ???

emma

281 posts

Posted by emma > 2014-01-03 15:43 | Report Abuse

Up n down. ....headache

asamlaksa

675 posts

Posted by asamlaksa > 2014-01-03 17:11 | Report Abuse

As I mentioned yesterday, today is an UP. Gain 4.4% today. Hold tight guys. Happy weekend.

invest1818

478 posts

Posted by invest1818 > 2014-01-03 17:16 | Report Abuse

Fundamental counters will move back up, heavy selling might due to those ESOS cashing out for CNY haha.

keyin

2,150 posts

Posted by keyin > 2014-01-05 11:24 | Report Abuse

Tp 4.5..hold tight

Posted by fauzyrusdeny > 2014-01-05 13:06 | Report Abuse

hold forever...

keyin

2,150 posts

Posted by keyin > 2014-01-05 15:43 | Report Abuse

Fauzyrusdeny ...agreed....

asamlaksa

675 posts

Posted by asamlaksa > 2014-01-05 23:04 | Report Abuse

The future Center of Seremban in NEXT 10 years! (You never see this before!)

Read before you buy the next property in Seremban!

Seremban Property is forecasting the Center of Seremban in the next 10 years will be 【S2 Height and it's surrounding】!

The forecast is base on the major townships, shopping malls, and future development in Seremban. The most active and significant projects like Bandar Sri Sendayan (BSS) by Matrix Concepts, S2 Height by IJM Land, Bandar Ainsdale by Sime Darby Property and Bukit Kepayang by GUH Properties are going to be in shape and maturing in the next 5 to 10 years.

As we can see the trend of town development in Seremban is actually shifting toward the North-West area of Nilai and KLIA.

The future land banks owned by the major properties players are our concern in term of successful management and in line with their original master plan. If the development of Bandar Sri Sendayan, Sime Darby Vision City (SDVC), Bandar Enstek and the balance of Sime Darby Future Development Land Bank toward the Port Dickson area are excellently built, we can foreseen, the so call "Center of Seremban" is going to move slowly toward the Bandar Enstek Area.

At the time, we are not sure whether we should continue calling Seremban City as "Seremban City".

Interesting to see!

Wrote by: Seremban Property (https://www.facebook.com/serembanproperty)
Link: https://www.facebook.com/photo.php?fbid=235601469940723&set=a.233407700160100.1073741829.230174417150095&type=1&theater

step6978

275 posts

Posted by step6978 > 2014-01-06 13:43 | Report Abuse

a very strong support at 3.7.

emma

281 posts

Posted by emma > 2014-01-06 13:51 | Report Abuse

Matrix will drop back to 3.5…???

azog

53 posts

Posted by azog > 2014-01-06 18:50 | Report Abuse

Its price went down to 3.31+ only for one day last week! Congrats to those long termists who were succesfull to top up at 3.31+. Believe this kind of golden opportunity will no longer be possible in future. Nevertheless, if there is correction again in foreseeable future be well prepared with your bullets. Talk only is of no use without action.

Buy and hold will never die...

Posted by fauzyrusdeny > 2014-01-06 22:41 | Report Abuse

Still hold forever....

4u2c

3,553 posts

Posted by 4u2c > 2014-01-07 00:47 | Report Abuse

lai liao...congrat to u all

emma

281 posts

Posted by emma > 2014-01-07 01:40 | Report Abuse

Rhb Tp is 5…crazy! !

asamlaksa

675 posts

Posted by asamlaksa > 2014-01-07 08:23 | Report Abuse

Bandar Sri Sendayan (BSS) a new BOOM town in Seremban. (RHB Research)

BSS, Matrix Concepts Holding Berhad (MCH’s) flagship development, has about 1,000 acres of remaining land. The freehold integrated township is just 5km from the Seremban toll gate, 22km from KLIA, 20km from Port Dickson, and 70km from Kuala Lumpur.BSS is the jewel. Five reasons why we think BSS will be a new growth area are:

(i) Affordable housing a buffer against policy headwindsBesides Tambun Indah (TILB MK, BUY, FV: MYR2.08) and Hua Yang (HYB MK, BUY, FV: MYR2.76), we also regard MCH as an affordable housing player. Given that the prices of its properties are at about MYR400k (for a double-storey link house) and their reasonable proximity to KL, BSS has the right products that suit the needs of the market. Compared to other bigger players, affordable housing developers will fare better amid the various cooling measures imposed by the Government, as the demand for their products will be relatively more sustainable. As such, the impact of tightening measures on the affordable housing segment will not be severe given that home prices are typically below MYR500k (the bar before the floor price was raised to MYR1m in Budget 2014). As such, MCH’s exposure to foreign purchasers is minimal.

(ii) Pent-up demand in Seremban as buyers seek affordable housesThe higher property prices and cost of living in KL have driven a small number of KL residents to relocate to Seremban even though the travelling distance is longer. Apart from this, the pent-up demand in Seremban itself is apparently very strong. IJM Land’s high-rise Kalista Residence in Seremban 2 (S2), which was launched in Oct 2013, has set a new benchmark of sorts in the state’s property scene. We were pleasantly surprised by the overwhelming response to this condo project, which saw potential buyers queuing up overnight for the units, racking up a booking rate of 80% at an ASP of about MYR250-260 psf. We reasonably believe that the demand will spill over to BSS given the latter’s more affordable landed properties, and its location just 5km from the North-South Highway and 3-4km from S2. Based on our checks with industry players, we learnt that most of the buyers of BSS’ properties are not only those living and working in Seremban, but also civil servants (army, navy etc) who are not working in the area but will stay there on a sporadic basis. This group of buyers is entitled to a bumi discount and also benefits from easier financing from financial institutions.

(iii) TUDM and STV to boost demand for BSS propertiesThe heightening of industrial activities at STV and the relocation of TUDM in 3-4 years’ time will be BSS township’s key growth catalysts. In addition, BSS is also targeting KLIA workers and the population in Seremban, Putrajaya and Cyberjaya. Currently, the township contributes over 60% of MCH’s turnover. As more factories are set up in STV, the growing working population will eventually translate into higher demand for residential properties in BSS, which is just next to STV. BSS houses are more affordable to the middle-income group. Currently, BSS only offers single and double-storey terraces and semi-detached houses that are priced a tad lower (about 5-10%) than those of its neighbor, S2 (by IJM Land). The latest launch of two-storey terrace houses with land areas of 22’ x 80’ are priced at about MYR400k after discounts. This is comparable to the prices at S2 but come with a bigger land area.Further away, after the Sungai Besi Air Force base in KL (which will be developed into Bandar Malaysia) is relocated to BSS, the new TUDM academy and training centre is expected to have 5k-8k staff. In 2011, TUDM bought 750 acres of land in BSS for MYR295m (or MYR9 psf) for the relocation of its ground training facilities, whereas runway training will be moved to Subang and Kuantan. We understand that the complex at BSS, on which construction has begun, will cost an estimated MYR2- 2.5bn. The complex will be completed in three years while actual staff movement will take about 6-12 months after that. Although TUDM will provide its own staff housing, the growing population would boost business activities, and accordingly, demand for properties in the area. Plans for the commercial clusters of Sendayan Metropark, Merchant Square and schools under Matrix Global Schools are already in place. These will be located in the areas surrounding the TUDM site and serve the needs of TUDM staff and the BSS community.

(iv) MCH is also an industrial proxy within the Klang ValleyLocated next to BSS is STV, a 685-acre industrial hub that is creating job opportunities. A few newly built factories have already started operations, with some undergoing construction. Given the ready infra such as power and water supply, freehold land status, connectivity to the North-South Highway and KLIA as well as the flexibility for industrial players to choose their preferred land sizes, STV has managed to attract many

asamlaksa

675 posts

Posted by asamlaksa > 2014-01-07 08:28 | Report Abuse

RHB Target Price: RM5

Analysis: http://klse.i3investor.com/servlets/ptres/20560.jsp

vic22

4 posts

Posted by vic22 > 2014-01-07 09:44 | Report Abuse

突破阻力线~让盈利自由飞吧~

pathew

2,028 posts

Posted by pathew > 2014-01-07 12:00 | Report Abuse

bought yesterday... see how the movement... :D:D

emma

281 posts

Posted by emma > 2014-01-07 12:27 | Report Abuse

各位大大…now 3.80. Still can buy in? ??

Posted by Undefeated > 2014-01-07 14:02 | Report Abuse

Matrix will be like Huayang 3 years ago. Entering high growth period. Potential bonus issue. Earning run faster than price - always in healthy PE.

asamlaksa

675 posts

Posted by asamlaksa > 2014-01-07 18:14 | Report Abuse

I think SO FAR Matrix is the BEST fundamental counter.

1) Strong earnings, Regular high dividends payout of 40%.
2) High ROE, High profit margin, Low PE.
3) KL / KV workers are actually picking up more houses from Seremban. Double storey landed house for only RM200-300k++
4) Huge landbanks bought at low price.
5) Gov helps to bring foreign investors to Sendayan Tech Valley. More international companies coming soon.


* Better grow with growth company as they're having biggest potential to blossom.

Posted by Samtuckfatt > 2014-01-07 18:29 | Report Abuse

Top pick for eastspringinvestment (prudential fund management) last year in thier small cap portfolio. .

4u2c

3,553 posts

Posted by 4u2c > 2014-01-08 21:04 | Report Abuse

resting today....

Bobby31

585 posts

Posted by Bobby31 > 2014-01-08 21:33 | Report Abuse

tomorrow 3.90 sit back and relax people

keyin

2,150 posts

Posted by keyin > 2014-01-08 22:43 | Report Abuse

Break 4.00 soon

emma

281 posts

Posted by emma > 2014-01-09 12:44 | Report Abuse

Why today drop so serious. ..??

emma

281 posts

Posted by emma > 2014-01-09 12:45 | Report Abuse

If QE out. .will big effect matrix? ?
Tp : 3.2

MyInvest

496 posts

Posted by MyInvest > 2014-01-09 16:36 | Report Abuse

I feel MATRIX still got time to booooost RM 5.00

Posted by Elvin Beh Chun Yen > 2014-01-09 18:01 | Report Abuse

From DCF calculations of estimated 8% growth annually and using discounted rate of 5%, I arrived at an intrinsic price of 4.50. However, 8% which I used is a very conservative estimate. The actual intrinsic price could well be 5.00 or higher assuming a 10% growth annually. I suggest buy and hold for long term (half year to a year). Yield from dividend would exceed 5%, another good thing from this counter.

MyInvest

496 posts

Posted by MyInvest > 2014-01-13 09:50 | Report Abuse

Soon RM 5.00. Cheers Elvin

emma

281 posts

Posted by emma > 2014-01-13 14:20 | Report Abuse

Drop so serious. ..why?

bsngpg

2,842 posts

Posted by bsngpg > 2014-01-13 14:21 | Report Abuse

Create opportunity for you to buy.

emma

281 posts

Posted by emma > 2014-01-13 14:25 | Report Abuse

Bsnpg : will drop to 3.68?

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