Matrix Concepts has built a strong track record of delivering excellent quality yet affordable properties in a timely manner. Our growth going forward comes not only from the Greater Klang Valley expansion as people warm up to the idea of living in Seremban and working in Kuala Lumpur, but also from our continuous land banking activities.
* an investment proxy to growth proposition of seremban as a satellite city with greater klang valley expansion *ample landbank to sustain group till 2022 *commendable track record of financial performance *strong balance sheet allows group to undertake landbanking *single-digit PE multiple and high dividend yield , dividend policy of 40%payout
WELCOME TO MATRIX GLOBAL SCHOOLS - NULLI SECUNDA Matrix Global Schools is poised to be at the forefront of private education in this Region by creating new frontiers in Private National and International Schools. We are set to rock Seremban town with a taste of what is to come in our carefully planned pre-opening activities and camps leading to the formal opening of our doors in January 2015.
Matrix Concept successfully launched its MetroPark shoplot of appro. RM 50 Million GDV on last Saturday. 95% sold within few hours. This bold well on its future commercial properties sales.
Publish date: Mon, 17 Mar 18:43 KUALA LUMPUR: Property developer, Matrix Concepts Holdings Bhd (MCHB)'s Sendayan Metropark Shop Offices registered a take-up rate of 100 per cent at its soft launch today. The group said all 50 units of the shop lots with a gross development value (GDV) of RM60 million, were snapped up via a balloting system within an hour
With the reputatable Ellemere College and other big foreign boys joining in the Township development, common sense tells that this township will be more self-sustain... can't imagine how its share value will fly..
Maintain buy with target price of RM 4.49: MCHB, via its wholly-owned subsidiary Matrix Global Education Sdn Bhd (MGE), has entered into an affiliation agreement with Ellesmere College Ltd (ECL) from the UK. Under the agreement, both parties will affiliate the following for three years: (i) sports affiliation: ECL and Matrix Global Schools (MGS) will exchange sports skills via exchanges of students and their related activities; (ii) student exchange and staff immersion programmes; (iii) ECL will be allowed to use the interactive curriculum, based on the Cambrige curriculum, designed by MSC without payment the names of ECL and MGS and their respective logos.
There is no direct financial impact, but this will be long-term positive for MGS and the sales and property prices in Bandar Seri Sendayan in Seremban, Negeri Sembilan. This allows MGE to leverage ECL’s experience and branding to enhance the quality and curriculum of its MGS group of schools, comprising Matrix Private School, Matrix International School and Matrix International Pre-School.
We expect the schools to add value to Bandar Seri Sendayan over the long term, which bodes well for future sales and house prices. We maintain our target price at RM 4.49 (35% discount to revised net asset value).
We continue to favour MCH as one of our sector’s top picks on the back of: (i) our conviction that further upside remains, thanks to escalating land prices in Seremban as more Greater KL residents migrate to Seremban; (ii) undemanding estimated financial year 2015 (FY15E) price-earnings ratio (PER) of 5.9 times against more than 10 times for mid-to large-cap developer; and (iii) still attractive FY15E dividend yield of 6.8%, based on 40% payout ratio. – HLIB Research, March 21
RM 5 is only RNAV discounted 20%... Their land market price will only heading to north as well as gross margin. This is a great cash cow in the market with dividend every quarter.. For now, Matrix market cap already surpass RM 1 b milestone. This have unlocked many fund manager portfolio requirement. There will be more and more institutional investors join Matrix.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
007james
245 posts
Posted by 007james > 2014-03-12 10:15 | Report Abuse
should propose bonus to shareholders