Main stocks that showed strong buying momentum would be the likes of GOHUB, AIMFLEX, WCT, UUE, SNS, EKOVEST, PWRWELL, HIAPTEK, MYEG, JCY, K1, PESTECH, MRCB, FAJAR, TECHBASE, VS, SEALINK, DNEX, SUNWAY, CLOUDPT, and GDB. All of which were able to sustain their rallies throughout the day on the top volumes list.
PAUL BIN ANTHONY : good luck
BossMaxx : According to Fajarbaru Builder Group Bhd's Q3 FY2024 report, here is a detailed analysis of revenue sources and earnings:
### Income Classification (9 months ended March 31, 2024)
1. **Construction: **
- Revenue: RM0.108116 billion
- Profit/Loss: -5.96 million MYR
2. **Logging and timber trade: **
- Revenue: RM14.934 million
- Profit: RM5.649 million
3. **Real estate development: **
- Revenue: RM0.20771 billion
- Profit: RM56.4 million
4. **Trade: **
- Revenue: RM5.599 million
- Profit: RM1.028 million
5. **Logistics: **
- Revenue: RM0.877 million
- Profit/Loss: -0.039 million MYR
6. **Investment Holdings: **
- Revenue: RM0.431 million
- Profit: RM9.363 million
7. **Planting and others: **
- Revenue: RM4.75 million
- Profit/Loss: -0.36 million MYR
### TOTAL REVENUE AND PROFIT
- **Total Revenue: ** RM0.342417 billion
- **Total profit before tax: ** RM56.923 million
### The most profitable business
- **Real estate development** is currently the most profitable business, with revenue of RM0.20771 billion and profit before tax of RM56.4 million.
### Fair value and stock price analysis
- **Net assets per share: ** RM0.5631
- **Earnings per share (basic) :** 6.63 cents (for the nine months ended March 31, 2024)
- **Earnings per share (diluted) :** 4.42 cents (9 months ended March 31, 2024)
### Valuation methods
Valuation using the price-earnings ratio (P/E) method, assuming a P/E of 15.
**Fair value calculation: **
- **Earnings per share (annualized) :** 6.63 cents * (4/3) = 8.84 cents
- **Fair value per share: ** 8.84 cents * 15 = RM1.33
### Conclusions
The calculated fair value per share is RM1.33, which indicates that the current share price (RM0.505) is undervalued. The company's strong growth in real estate development supports the stock's positive outlook. Given its potentially high valuation, it is beneficial to keep its shares.