FAJARBARU BUILDER GRP BHD

KLSE (MYR): FAJAR (7047)

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Last Price

0.495

Today's Change

-0.03 (5.71%)

Day's Change

0.48 - 0.525

Trading Volume

11,456,600

Financial

Hints :
Click the QoQ or YoY on table to view the QoQ or YoY Financial Result page.

Date
Financial Result
Financial Ratio
Per Share Item
Performance
Valuation (End of Quarter)
Valuation (Ann. Date)
Date Financial Result Financial Ratio Per Share Item Performance Valuation (End of Quarter) Valuation (Ann. Date)
F.Y. Ann. Date Quarter # Revenue PBT NP NP to SH Div Net Worth Div Payout % NP Margin ROE NOSH RPS Adj. RPS EPS Adj. EPS DPS Adj. DPS NAPS Adj. NAPS QoQ YoY EOQ Date EOQ Price EOQ P/RPS EOQ P/EPS EOQ P/NAPS EOQ EY EOQ DY ANN Date ANN Price ANN P/RPS ANN P/EPS ANN P/NAPS ANN EY ANN DY

PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.

NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.

Div Payout %, NP Margin, ROE, DY, QoQ & YoY figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.

All figures in '000 unless specified.

Discussions
10 people like this. Showing 50 of 3,193 comments

Bull13

Fajar is grossly undervalued. Expecting 50s. Analysts continue to be bullish on construction stocks.

2 months ago

27055825

will be in the redial of many stockbrokers analysts

2 months ago

Bull13

Fajar poised to get more jobs from Penang LRT and the much awaited MRT 3!. At 35s, very cheap to pick up.

2 months ago

Paktua Second

Never learn? Now the dumping process lah.

2 months ago

27055825

fasten your seatbelt !!!

2 months ago

27055825

TP 0.50 cents

2 months ago

Bull13

Fajar got big big project coming??

2 months ago

27055825

Yes Medical Hub in Penang

2 months ago

27055825

search last year announcement in june/ jul for better infor.

2 months ago

Bull13

Fajar to bid for PENANG LRT?

2 months ago

Bull13

Fajar should be strong contender for Penang LRT coz they hv some substantial jobs there already. Keep an eye..

2 months ago

katara

The Board of Directors of Fajarbaru Builder Group Bhd. (“FBG” or “the Company”) wishes to announce that its wholly-owned subsidiary, Fajarbaru Builder Sdn. Bhd. has on 24 April 2024 accepted a Letter of Award dated 22 April 2024 from WCT Construction Sdn. Bhd. (“WCTC”), an indirect subsidiary of WCT Holdings Berhad, in respect of the Main Building Works for Section 1 : Phase 1 (“Contract”) for the Proposed Two-Phase Development of 2 Blocks Serviced Apartment comprising of 8 Towers (2,048 units) and commercial lots (69 units) on PTB 24789 (HSD 604522), Mukim Bandar Johor Bahru, Johor Darul Takzim.
This announcement is dated 24 April 2024

1 month ago

27055825

ERUPTION!!!!

1 month ago

katara

moving ..

1 month ago

Nice149

Cantik !

2 weeks ago

hhhiii123

insane QR, tomorrow shoot to the sky plz!!

2 weeks ago

diuleiloumei

only that far it can go

2 weeks ago

nelsonlim

finally fajar fly catching gdb and inta

2 weeks ago

MZM2511

For me, it has a good fundamental and has a very good prospects. TAYOR

2 weeks ago

MZM2511

Base on my BRIEF study on the latest QR3 2024 of FAJAR:

A: The company is improving its profitabilty.

B. Still sitting on accumulated profit of RM179,368,000 (80.9% of its share capital)

C: A nett cash company (RM 92,219,000)

D. Total assets > Total liabilities, Total current assets > Total current liabilities,

E: Project oderbook is sufficient as currently, the company order book stands at approximately RM1.10 billion for the continiuing operations and generating revenue for short term.


THE FINDINGS:

1. NTA 0.5631 sen (up from 0.523 sen)
2. NOSH 744.69 mil.

3. EQUITY
Share capital RM 221,534,000
Treasury shares (RM1,655,000)
Warrant reserves RM9,535,000
Other reserves RM1,110,000
Fair value reserves RM8,037,000
Foreign currency translation reserves (RM305,000)
Retained profits RM179,368,000
Equity attributable to owners
of the Company RM417,624,000
Non-controlling interests RM 17,055,000
TOTAL EQUITY RM 434,679,000

4. Cash and Cash Equivalent:
Fixed deposit with licensed banks RM 9,429,000
Cash and bank balances RM 82,790,000
Total RM 92,219,000

5. Assets:
Non-current Assets RM 197,803,000
Current Assets RM 410,999,000
TOTAL ASSETS RM 608,802,,000

6. Liabilities:
Current Liabilities RM 154,625,000
Non-current liabilities RM 19,498,000
TOTAL LIABILITIES RM 174,123,000

7. Last QR result- Revenue RM142,647,000
Gross profit RM 36,329,000
- Net profit RM 27,188,000

Note 1:
The Group recorded revenue of RM142.65 million and profit before tax of RM29.12 million in the current quarter, compared to revenue of RM46.66 million and profit before tax of RM3.30 million in the preceding year corresponding quarter. The higher revenue was mainly contributed by Property Development and Construction segments, whereas, the profit before tax was mainly attributed by the Property Development segment.
Note 2:
In the current quarter ended 31 March 2024, the Group posted a revenue of RM142.65 million and profit before tax of RM29.12 million, which is an increase of 13% and 19% respectively from the immediate preceding quarter ended 31 December 2023.
The increase in revenue and profit before tax for the current quarter were mainly due to higher work progress at Vierra Residence @Kinrara from the Property Development segment.

Note 3: Prospects

In March 2024, our Group's Construction segment successfully secured a contract from Tanjung Nakhoda (M) Sdn Bhd ("Tanjung Nakhoda") for the construction of Johor Golf & Country Club ("JGCC"), valued at RM120.82 million. In the same month, the Group also attained a Delivery Phase (Early Works) contract from the Australian

Department of Defence, valued at RM11.04 million. This recent achievement further bolsters our Group's involvement in the design and construct infrastructure project to redevelop military facilities at the Royal Malaysian Air Force (RMAF) Base Butterworth, Penang. Consequently, the cumulative value of contracts secured by the Group for the RMAF project now stands at RM23.34 million.

Currently, our order book stands at approximately RM1.10 billion, with RM117 million consists of internal development projects. We are actively pursuing new construction opportunities through tendering processes in both the private and government sectors, with a combined value of RM4.8 billion.

2 weeks ago

27055825

Penang Medical Hub project is next in line Hopefully announcement soon Definite agreement should be anytime now

2 weeks ago

hhhiii123

tomorrow LU, hehe

2 weeks ago

hcthey

fajar up up up, heading to 60 cts soon.

1 week ago

Ron90

uncle Kyy should come here la to promote this counter which meet his Golden Rule of Investing... "2 consequtive profitable QR".
After all..uncle Kyy is the genius in construction industry. By forward PEx=10x pon price should already 0.80. If uncle Kyy promote..than we could see it fly above 1.00 ..hehe

6 days ago

muzammil80

Gann Support: 0.49/0.46 | Resistance: 0.53/0.57

6 days ago

MZM2511

EPS (TTM) only @ 4.00.
For peer to peer comparison: Median PE @ 8.06

6 days ago

Iwillbeback

MZM2511 ,Thanks for your homework and what is target Price?
How about your port filo performance return this few year?

6 days ago

MZM2511

@Iwillbeback. I'm new here @ this counter. Feel interested lately after the company reported its stellar QR3 24.
Do some research and joined the counter....

6 days ago

lcng123

Fajar construction business keep losing money, log timber doesn't contribute much, luckily new property development contribute earnings for the company. Once the property development completed, no billings come in, Fajar's earnings will turn -ve because the more construction project they secured, the more they losing money

4 days ago

MZM2511

The Group recorded revenue of RM142.65 million and profit before tax of RM29.12
million in the current quarter, compared to revenue of RM46.66 million and profit
before tax of RM3.30 million in the preceding year corresponding quarter. The higher
revenue was mainly contributed by Property Development and Construction segments,
whereas, the profit before tax was mainly attributed by the Property Development
segment.

4 days ago

MZM2511

Construction Segment
Construction segment reported revenue of RM40.08 million and loss before tax of
RM3.06 million in the current quarter, compared to revenue of RM28.42 million and
loss before tax of RM2.76 million in the preceding year corresponding quarter.
Higher revenue registered in the current quarter was mainly due to the newly awarded projects had started to progressively contribute revenue to the segment. The loss before tax in the current quarter was mainly due to higher operating expenses as compared to preceding year corresponding quarter.

4 days ago

MZM2511

Property Development segment reported revenue of RM99.05 million and profit before tax of RM33.40 million in the current quarter, compared to revenue of RM17.70 million and profit before tax of RM5.57 million in the preceding year corresponding quarter.
The surge in revenue and profit before tax in the current quarter were mainly contributed from Vierra Residence @ Kinrara development project where it showed incremental growth in the development work progress as compared to preceding year corresponding quarter.

4 days ago

MZM2511

The Construction segment of the Group remains dedicated to ensuring the efficient and timely completion of our ongoing projects. These encompass a diverse range, including high-rise residential buildings, apartments, retail complexes, golf club house, and the redevelopment of military facilities. We anticipate that these projects will contribute positively to the Group's future earnings and net assets per share, starting from the financial year ending 30 June 2024, and extending thereafter. Currently, our order book stands at approximately RM1.10 billion, with RM117 million consists of internal development projects. We are actively pursuing new construction opportunities through tendering processes in both the private and government sectors, with a combined value of RM4.8 billion.
----
Have to read the info entirely... For me about the construction sector prospects, we can read the important statement by the company.

"We anticipate that these projects will contribute positively to the Group's future earnings and net assets per share, starting from the financial year ending 30 June 2024, and extending thereafter."

TAYOR...

4 days ago

MZM2511

Fajar performances based on its last three quarterly reports: All are uptrending!!!!

F.Year Quarter Revenue PBT N.Profit EPS Div NTA QoQ(%) YoY(%)
30.6.24 QR3 24 142,647K 29,123K 27,188K 3.67 0.50 0.563 UP42% UP1324%
30.6.24 QR2 24 126,793K 24,409K 19,193K 2.59 0.00 0.523 UP585% UP1177%
30.6.24 QR1 24 72,977K 3,391K 2,801K 0.38 0.50 0.499 UP114% UP42%

4 days ago

27055825

Icng 123 is talking from air Just guessing without any clue hahaha

4 days ago

27055825

Anyway need such character to entertain the forum once in a while

4 days ago

lcng123

I have been followed Fajar for many years before starting the 1st property project in Sentul and in Australia and involved in log timber business. If you study Fajar last few years QR, you will notice that without earnings contribution from Rica Residence in Sentul, Gardenhill and Paragon in Melbourne, log timber and now Vierra Residence in Kinrara, Fajar QR is disappointed. Vierra Residence still can contribute to Fajar QR for a couple of years but it will be ended one day. Property Development can make money but not construction

4 days ago

27055825

last years were challenging for all construction companies not only Fajar Moving forward the whole contexts is totally different and thats why Fajar recovery is stellar and growth can be exponential due to more projects in the pipeline.

4 days ago

27055825

correction Last few years......

4 days ago

hcthey

Fajar is growing and expanding company, buy and hold for months or a year, you will not regret it, it will bring you good fortune. within a year, I personally is confident that it will be pushed up by others investors to 80 cts - RM1/-. Hofully my dream will come true.😃😃😃😃

4 days ago

27055825

I am confident it will be 80cts within the next few weeks Monday will start uptrend and warrant C will fly.

4 days ago

27055825

At current price, Fajar is stlll grossly undervalue !!

2 days ago

27055825

past 3 weeks Maybank, Cimb and AMbank have started coverage on Fajar

2 days ago

hcthey

Analysts projection Target Price is 82 cts.. buy now , you don't regret.

2 days ago

SKY2

By next Q or year end , Fajar would have 10 sen eps ( rolling 4 Q ) , so at this price of 53sen is considered super cheap . At eps of 10sen, Price should be at RM One at this super bull era ...well from value investing point of view

2 days ago

hcthey

This counter is going up slowly today, sooner or later it will reach 80 cts and then to a dollar without doubt. Buy it now is not too late.

2 days ago

27055825

its not slowly,it will be very soon

2 days ago

27055825

get ready for more upside tomorrow !

2 days ago

lcng123

Fajar engine slow down after ex dividend

1 day ago

hcthey

If you think that his counter has good future potential, this is the good time for you to accumulate your shares for investment. End of this month (June) is the year end closing for the company. I expect the year end closing should be excellent then the previous years results.

5 hours ago

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