Author Topic: Construction Play - Mitra  (Read 314123 times)

vunkhaiyan

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Re: Construction Play - Mitra
« Reply #150 on: October 04, 2010, 05:20:28 PM »
Good call  !!!!!!! The next HOCK SengN LEE & GKENT.........Bro,, should complete the name JAYA once hit 1.30  ;D ;D ;D
« Last Edit: October 05, 2010, 10:08:31 AM by kingkong »

Offline Ethan

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Re: Construction Play - Mitra
« Reply #151 on: October 04, 2010, 05:26:13 PM »
Good call  !!!!!!! The next HOCK SIN LEONG & GKENT.........Bro,, should complete the name JAYA once hit 1.30  ;D ;D ;D

 ;D :D :D

Offline Ethan

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Re: Construction Play - Mitra
« Reply #152 on: October 04, 2010, 05:33:18 PM »
Quote
Mitrajaya expects to maintain record earnings

News
PROPERTY and construction firm Mitrajaya Holdings Bhd (9571), which posted record revenue and profit last year, expects to maintain or perform better in the current financial year ending December 31 2010.

This would be driven equally by the group's ongoing property and construction projects, managing director Foo Chek Lee said.

"To date, the group's combined order book value for construction and property development projects is nearly RM300 million," he told Business Times after a shareholders' meeting in Subang Jaya, Selangor, yesterday.

"We will continuously bid for projects, both in the private and public sector, and we aim to secure between RM200 million and RM300 million worth of projects," Foo said.

In the year ended December 31 2009, Mitrajaya posted RM45.5 million in net profit on revenue of RM326.3 million, up from RM2.1 million and RM195.3 million, respectively, in 2008.

Foo attributed last year's strong performance to stable prices of construction material and fuel and its ongoing property development projects.

Meanwhile, the group's overseas project called the Blue Valley Golf and Country Estate in South Africa, which has a gross development value (GDV) of RM400 million, will be completed in five years.

On the local front, Mitrajaya's three property projects in Puchong and Mont Kiara - Desa Idaman, Lavender Terraces and Kiara 9, which have a combined GDV of over RM500 million, are expected to be completed by early next year.

They will start contributing to the group's bottomline in the current financial year.

Mitrajaya has also clinched construction deals in Johor's Iskandar Malaysia, comprising of a RM64 million contract for the Newcastle University Medicine Malaysia Campus and a RM40.3 million deal for the car parks at the theme park.

Foo also said he is upbeat about the current year, especially with the rollout of construction projects under the 10th Malaysia Plan as well as the strong demand for properties priced under RM1 million.

And while the proposedrise in the foreign workers levy may bring additional cost to the group, it will not constitute a major portion of the group's cost, he added.



 ;D :D

Offline KL888

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Re: Construction Play - Mitra
« Reply #153 on: October 04, 2010, 05:54:21 PM »
Tomolo....... ;D ;D

karen

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Re: Construction Play - Mitra
« Reply #154 on: October 04, 2010, 06:55:55 PM »
tomolow will be uptrend for Mitra... anyone idea how much will it fly? i'm gonna contra basis. i bought at 1.13 this morning. cheers!

Offline Ethan

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Re: Construction Play - Mitra
« Reply #155 on: October 04, 2010, 07:42:58 PM »
tomolow will be uptrend for Mitra... anyone idea how much will it fly? i'm gonna contra basis. i bought at 1.13 this morning. cheers!

if contra tomorrow can take profits loh.
dont expect much from contra. ;D

karen

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Re: Construction Play - Mitra
« Reply #156 on: October 04, 2010, 07:59:26 PM »
Thanks Ethan. Great! Great! Great!

Offline ychan11

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Re: Construction Play - Mitra
« Reply #157 on: October 04, 2010, 08:23:17 PM »
santa claus is coming to us earlier.... marching to 1.40....  ;D

Offline noname88

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Re: Construction Play - Mitra
« Reply #158 on: October 04, 2010, 10:19:41 PM »
dont blame me for talking too much...

but i really think, if u want construction play, better find others....mitra's financial position can be considered as very ugly
construction company with less than 1million cash and 100million borrowings, i doubt they can secure jobs...

i think they are mainly on their property development now

 ;D ;D ;D ;D ;D

you should compare current liability vs current asset. True enough their cash pile is low vs its current debt but the point to note here is they have been generating positive free cash flow for the past 4 quarters and has been paying off their borrowings, lowering it from 68 mil to 47 mil. They have 7.7 mil cash based on the latest balance sheet, and the number seems to be increasing over the quarters...
Moolah and Poonani...
The main ingredient to complete a man....

Offline Ethan

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Re: Construction Play - Mitra
« Reply #159 on: October 04, 2010, 10:50:27 PM »
in a bull market , momentom is more important !
data just to justify what we buy. ;D

Offline Ethan

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Re: Construction Play - Mitra
« Reply #160 on: October 05, 2010, 12:19:54 AM »
Wallap big time!!!!!!!!!!!!!!!!!!!!!!!!!!!! ;D :D

Offline Ethan

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Re: Construction Play - Mitra
« Reply #161 on: October 05, 2010, 12:22:06 AM »
My 2 sen say tomorrow good good! ;D :D

Offline Ethan

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Re: Construction Play - Mitra
« Reply #162 on: October 05, 2010, 12:24:58 AM »
just started!    :D ;D

Offline Ethan

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Re: Construction Play - Mitra
« Reply #163 on: October 05, 2010, 12:30:43 AM »
too bad dow nyanyuk!

hope wont affect bursa too much!

karen

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Re: Construction Play - Mitra
« Reply #164 on: October 05, 2010, 09:04:45 AM »
QUEUE FOR MITRA AT 1.18 THIS MORNING. YESTERDAY WAS MADNESS TO QUEUE THE WHOLE AFTERNOON

karen

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Re: Construction Play - Mitra
« Reply #165 on: October 05, 2010, 09:28:49 AM »
STILL QUEUING..... ANYONE QUEUING OVER there?

Offline Invincible

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Re: Construction Play - Mitra
« Reply #166 on: October 05, 2010, 09:38:38 AM »
STILL QUEUING..... ANYONE QUEUING OVER there?
im at 1.18

karen

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Re: Construction Play - Mitra
« Reply #167 on: October 05, 2010, 09:42:08 AM »
managed to get 6,000 shares on Mitra.  still queuing for another 4,000. FLY FLY FLY MITRA FLY FLY FLY TODAY!

Offline TAN88

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Re: Construction Play - Mitra
« Reply #168 on: October 05, 2010, 09:46:07 AM »
managed to get 6,000 shares on Mitra.  still queuing for another 4,000. FLY FLY FLY MITRA FLY FLY FLY TODAY!

Sounds like Mitra mania today...how much can it fly?!

karen

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Re: Construction Play - Mitra
« Reply #169 on: October 05, 2010, 09:48:33 AM »
Ask Ethan.  I think will shoot up rm1.50 in near future, what say u all the sifu sifu around?

vunkhaiyan

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Re: Construction Play - Mitra
« Reply #170 on: October 05, 2010, 09:49:10 AM »
managed to get 6,000 shares on Mitra.  still queuing for another 4,000. FLY FLY FLY MITRA FLY FLY FLY TODAY!


PARTIAL MATCHED  ;D ;D ;D ;D.........karen oh karen

Offline Ethan

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Re: Construction Play - Mitra
« Reply #171 on: October 05, 2010, 09:51:55 AM »
Ask Ethan.  I think will shoot up rm1.50 in near future, what say u all the sifu sifu around?

 ;D :D

Offline TAN88

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Re: Construction Play - Mitra
« Reply #172 on: October 05, 2010, 09:52:57 AM »
;D :D

Karen...Ethan probably sold to you at 1.18 this morning....

Offline Ethan

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Re: Construction Play - Mitra
« Reply #173 on: October 05, 2010, 09:56:25 AM »
Karen...Ethan probably sold to you at 1.18 this morning....

dont simply claimed, i m still buying more at 1.18
My cost still only 1.13 ;D
« Last Edit: October 05, 2010, 10:06:53 AM by Ethan »

Offline KL888

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Re: Construction Play - Mitra
« Reply #174 on: October 05, 2010, 10:00:53 AM »
Steady...... ;D ;D

Both Kimlun & Mitra....... ;D ;D

karen

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Re: Construction Play - Mitra
« Reply #175 on: October 05, 2010, 10:05:38 AM »
don't worry... i'm still buying Mitra... Insider news :- Its gonna fly like Kimlun.   :P :P :P

Offline Invincible

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Re: Construction Play - Mitra
« Reply #176 on: October 05, 2010, 10:21:44 AM »
don't worry... i'm still buying Mitra... Insider news :- Its gonna fly like Kimlun.   :P :P :P
really?

karen

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Re: Construction Play - Mitra
« Reply #177 on: October 05, 2010, 10:25:51 AM »
Wait and see.. Be patientlah... Sifu Sifu will enlighten us with their comments.

Offline Gladiator

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Re: Construction Play - Mitra
« Reply #178 on: October 05, 2010, 10:47:14 AM »
Wait and see.. Be patientlah... Sifu Sifu will enlighten us with their comments.

Do your own research and you will find out that mitra is undervalue.

stevelee

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Re: Construction Play - Mitra
« Reply #179 on: October 05, 2010, 10:50:01 AM »
Do your own research and you will find out that mitra is undervalue.

Not only Mitra, a lot of counters are undervalued and are not moving/

Offline Gladiator

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Re: Construction Play - Mitra
« Reply #180 on: October 05, 2010, 11:13:55 AM »
Not only Mitra, a lot of counters are undervalued and are not moving/

What are the counters please share.

Once a undervalue counter move it will be non-stop

karen

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Re: Construction Play - Mitra
« Reply #181 on: October 05, 2010, 11:16:32 AM »
Done! 10,000 lots on Mitra. All the best to all of you and me too. ;) ;) ;)

Offline Marcus19

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Re: Construction Play - Mitra
« Reply #182 on: October 05, 2010, 11:26:51 AM »
Done! 10,000 lots on Mitra. All the best to all of you and me too. ;) ;) ;)

10,000 lots or 10,000units???

Offline ng

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Re: Construction Play - Mitra
« Reply #183 on: October 05, 2010, 12:08:01 PM »
seem like some 1 got attention on mitra already... i got it last month ago... will throw to u all when i get my price. my avg price just 1.046... haha

Offline Ethan

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Re: Construction Play - Mitra
« Reply #184 on: October 05, 2010, 12:13:14 PM »
seem like some 1 got attention on mitra already... i got it last month ago... will throw to u all when i get my price. my avg price just 1.046... haha

I m adding, throw to me! ;D

stevelee

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Re: Construction Play - Mitra
« Reply #185 on: October 05, 2010, 12:14:25 PM »
What are the counters please share.

Once a undervalue counter move it will be non-stop

LonBisc... undervalue.

Offline Ethan

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Re: Construction Play - Mitra
« Reply #186 on: October 05, 2010, 12:17:29 PM »
i hv 80K now, heading 100K!
 ;D :D

Offline Ethan

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Re: Construction Play - Mitra
« Reply #187 on: October 05, 2010, 12:17:55 PM »
wallap into custodyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyy! ;D :D

Offline KL888

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Re: Construction Play - Mitra
« Reply #188 on: October 05, 2010, 12:19:20 PM »
wallap into custodyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyy! ;D :D

Good on you Bro...... we all huat big big this time..... ;D ;D

Offline Ethan

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Re: Construction Play - Mitra
« Reply #189 on: October 05, 2010, 12:21:09 PM »
Good on you Bro...... we all huat big big this time..... ;D ;D

another round of alaska crab dinner at PJ Sect13! soon!

vunkhaiyan

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Re: Construction Play - Mitra
« Reply #190 on: October 05, 2010, 12:23:14 PM »
wallap into custodyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyy! ;D :D

SATISFACTION is the name  ;D ;D ;D ;D

Offline Ethan

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Re: Construction Play - Mitra
« Reply #191 on: October 05, 2010, 12:23:54 PM »

Offline ng

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Re: Construction Play - Mitra
« Reply #192 on: October 05, 2010, 12:24:59 PM »
mitra real value must at least 1.80, 1.80 also cheap

stevelee

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Re: Construction Play - Mitra
« Reply #193 on: October 05, 2010, 12:29:59 PM »
mitra real value must at least 1.80, 1.80 also cheap

You give this value?

Offline ng

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Re: Construction Play - Mitra
« Reply #194 on: October 05, 2010, 12:47:23 PM »
not i give, estimate.... equities dun have a "real" value.... i mean the price should ard that

Offline Gladiator

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Re: Construction Play - Mitra
« Reply #195 on: October 05, 2010, 01:27:52 PM »
another round of alaska crab dinner at PJ Sect13! soon!

Can belanja me makan alaska crab  ???   ;D  ???

Offline Thamby

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Re: Construction Play - Mitra
« Reply #196 on: October 05, 2010, 02:38:34 PM »
SUDAH PASTI disenaraikan  ;) ;) ;)

karen

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Re: Construction Play - Mitra
« Reply #197 on: October 05, 2010, 03:05:10 PM »
Mitra is gonna hit her jackpot very soon. I'm still holding on for RM1.80 , then we all go for Alaska Crabs. We work so hard for money and now its our $$$ works for us... after so many years of working life.... agree?

Offline Ethan

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Re: Construction Play - Mitra
« Reply #198 on: October 05, 2010, 07:37:41 PM »
googogogogoogogoogo!!!!!!!!!!!!!!!!!!!!! ;D

vunkhaiyan

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Re: Construction Play - Mitra
« Reply #199 on: October 05, 2010, 07:45:20 PM »
LONG TIME DIDNT EAT BIG  ;D ;D ;D