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Overview
Financial HighlightHeadlinesBusiness Background Matrix Concepts Holdings Bhd is a Malaysia based commercial and residential property development company. It has four business segments Property Development, Construction, Education, and Hospitality. It has its property development projects in the central and southern region of Malaysia, Melbourne, and Australia. In Education segment, it manages and administers a private and international school comprising Matrix International Pre-School, Matrix International School, and Matrix Private School. Hospitality segment designs top-notch club in Negeri Sembilan that caters to needs of residents and guest for leisure, sporting, and excellent dining facilities. It also offers property management services. The maximum revenue is generated from property development business.
![]() dyor90 Guess who got property business in Australia? https://www.bloomberg.com/news/articles/2021-02-28/housing-booms-in-australia-as-prices-surge-most-in-17-years?srnd=premium-asia 01/03/2021 6:36 PM cherry88 If u just want to collect dividend, Matrix is a good counter. But this counter has no grow potential. Don't expect significant capital gain 21/03/2021 9:38 PM A Choo Pin thinking to sell to gain profit then be back for next dividend period ..what do you think 14/04/2021 9:20 AM WinningBenning Fundamental & DY are really good...but most of the time the stock's price movement stays flat. 18/04/2021 11:27 AM wallstreetrookie Good financials even though it is in property sector. Another dividend aristocrat 25/05/2021 3:52 PM bowman If you want to play dividend, follow EPF money trail. You will make more than 5% definitely 27/05/2021 9:16 AM remus https://www.theedgemarkets.com/article/vs-industry-ends-fy21-record-profit-despite-lower-4q-yoy-earnings good news today, but share price weak & downtrend? 24/09/2021 6:49 PM bowman With 2.20 high today, Matrix has reached its 100% Fibonacci level which began at 1.95. The next level to test is 2.30 (1.618%) 16/11/2021 4:05 PM bowman @Jack888 Bonus issue ?? Could be. This is a well-run generous company. Breaching 2.30, it will now break its all time high. Look at its buy volume on Decem 30 and Jan 3 and you will know what's coming 11/01/2022 10:13 AM wallstreetrookie Matrix Concept downgraded to Underweight Valuation exceeded fundamentals 15/03/2022 8:49 AM James Yeo We believe Matrix Concepts’ high dividend yield and potential en bloc sale in Jakarta will continue to drive investor interest on the stock. If the en bloc sale materialises, part of the proceeds repatriated back may suggest a potential upside to FY23F dividend. Read more: https://www.smallcapasia.com/my-7-interesting-stock-ideas-for-march/ 21/03/2022 9:12 AM faridfet News 25 May 2022 QR: Matrix Concepts records best-ever property sales KUALA LUMPUR: Matrix Concepts Holdings Bhd has posted its all-time high new property sales of RM1.3 billion in the financial year ended March 31 2022 (FY22), Surpassing the previous year's achievement of RM1.2 billion. The Negri Sembilan-based property developer also proposes a one-for-two bonus issue. Chairman Datuk Mohamad Haslah Mohamad Amin said the company's prospects for FY23 remained bullish, with the reopening of international borders expected to ease the supply of construction labour and enable the company to speed up project delivery progress. "Our solid financial position allows us to execute our growth plans and maintain our dividend payout of a minimum 50 per cent of net profit to our shareholders," said Haslah. The company declared a fourth interim dividend of 3.75 sen per share in respect of FY22, with ex-date on June 22, 2022 to be paid on July 7, 2022. Together with the first interim, second interim and third interim dividend of 2.0 sen, 3.0 sen and 3.75 sen respectively, total dividend payout would amount to RM104.3 million or 52.0 per cent of FY22 net profit. 25/05/2022 5:08 PM ![]() ![]() | |