Announcement • Apr 30
Kerjaya Prospek Group Berhad, Annual General Meeting, Jun 12, 2026 Kerjaya Prospek Group Berhad, Annual General Meeting, Jun 12, 2026, at 11:00 Singapore Standard Time. Location: ballroom 2, level 3, courtyard by, marriot kuala lumpur south, no. 137, jalan puchong, 58200 kuala lumpur, wilayah persekutuan kuala lumpur, Malaysia Declared Dividend • Mar 02
Fourth quarter dividend of RM0.035 announced Shareholders will receive a dividend of RM0.035. Ex-date: 12th March 2026 Payment date: 26th March 2026 Dividend yield will be 4.8%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (70% earnings payout ratio) and cash flows (70% cash payout ratio). The dividend has increased by an average of 26% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 30% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 27
Full year 2025 earnings released: EPS: RM0.18 (vs RM0.13 in FY 2024) Full year 2025 results: EPS: RM0.18 (up from RM0.13 in FY 2024). Revenue: RM2.25b (up 23% from FY 2024). Net income: RM224.7m (up 40% from FY 2024). Profit margin: 10.0% (up from 8.7% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Construction industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Dec 15
Price target increased by 7.6% to RM3.02 Up from RM2.81, the current price target is an average from 7 analysts. New target price is 11% above last closing price of RM2.72. Stock is up 23% over the past year. The company is forecast to post earnings per share of RM0.17 for next year compared to RM0.13 last year. Declared Dividend • Nov 28
Third quarter dividend of RM0.03 announced Shareholders will receive a dividend of RM0.03. Ex-date: 11th December 2025 Payment date: 26th December 2025 Dividend yield will be 4.2%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (19% earnings payout ratio) and cash flows (55% cash payout ratio). The dividend has increased by an average of 24% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 19% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 27
Third quarter 2025 earnings released: EPS: RM0.046 (vs RM0.037 in 3Q 2024) Third quarter 2025 results: EPS: RM0.046 (up from RM0.037 in 3Q 2024). Revenue: RM566.3m (up 12% from 3Q 2024). Net income: RM57.4m (up 25% from 3Q 2024). Profit margin: 10% (up from 9.1% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Construction industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Sep 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. Independent & Non Executive Director Swee Chong was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 26
Second quarter 2025 earnings released: EPS: RM0.043 (vs RM0.029 in 2Q 2024) Second quarter 2025 results: EPS: RM0.043 (up from RM0.029 in 2Q 2024). Revenue: RM539.5m (up 36% from 2Q 2024). Net income: RM54.4m (up 47% from 2Q 2024). Profit margin: 10% (in line with 2Q 2024). Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Construction industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Jun 17
Price target increased by 10% to RM2.62 Up from RM2.37, the current price target is an average from 7 analysts. New target price is 26% above last closing price of RM2.07. Stock is up 8.4% over the past year. The company is forecast to post earnings per share of RM0.16 for next year compared to RM0.13 last year. Declared Dividend • May 31
First quarter dividend of RM0.03 announced Shareholders will receive a dividend of RM0.03. Ex-date: 12th June 2025 Payment date: 30th June 2025 Dividend yield will be 7.2%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (80% earnings payout ratio) and cash flows (47% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 42% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • May 30
Kerjaya Prospek Group Berhad Announces First Interim Dividend for the Financial Year Ended December 31, 2025, Payable on June 30, 2025 Kerjaya Prospek Group Berhad announced first interim dividend of 3.0 sen per ordinary share under single-tier system for the Financial Year End 31 December 2025. Ex-Date 12 June 2025, Entitlement date 13 June 2025 and Payment Date 30 June 2025. Reported Earnings • May 06
Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2024 results: EPS: RM0.13 (up from RM0.10 in FY 2023). Revenue: RM1.84b (up 25% from FY 2023). Net income: RM160.2m (up 22% from FY 2023). Profit margin: 8.7% (down from 8.9% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 15%. Earnings per share (EPS) missed analyst estimates by 5.4%. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Construction industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 29
Kerjaya Prospek Group Berhad, Annual General Meeting, Jun 11, 2025 Kerjaya Prospek Group Berhad, Annual General Meeting, Jun 11, 2025, at 11:00 Singapore Standard Time. Location: ballroom 1, level 3, courtyard by marriot, kuala lumpur south, no. 137, jalan puchong, 58200 kuala lumpur, wilayah persekutuan kuala lumpur, Malaysia Buy Or Sell Opportunity • Apr 14
Now 21% overvalued Over the last 90 days, the stock has fallen 9.4% to RM2.03. The fair value is estimated to be RM1.68, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 14%. For the next 3 years, revenue is forecast to grow by 7.8% per annum. Earnings are also forecast to grow by 14% per annum over the same time period. Declared Dividend • Mar 02
Fourth quarter dividend of RM0.03 announced Shareholders will receive a dividend of RM0.03. Ex-date: 14th March 2025 Payment date: 28th March 2025 Dividend yield will be 7.2%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (87% earnings payout ratio) and cash flows (49% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 38% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 01
Full year 2024 earnings released: EPS: RM0.13 (vs RM0.10 in FY 2023) Full year 2024 results: EPS: RM0.13 (up from RM0.10 in FY 2023). Revenue: RM1.84b (up 25% from FY 2023). Net income: RM160.1m (up 22% from FY 2023). Profit margin: 8.7% (down from 8.9% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.1% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Construction industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Nov 30
Third quarter 2024 earnings released: EPS: RM0.037 (vs RM0.028 in 3Q 2023) Third quarter 2024 results: EPS: RM0.037 (up from RM0.028 in 3Q 2023). Revenue: RM504.8m (up 39% from 3Q 2023). Net income: RM46.1m (up 30% from 3Q 2023). Profit margin: 9.1% (in line with 3Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Construction industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 29
Kerjaya Prospek Group Berhad Declares Third Interim Dividend for the Financial Period Ending 31 December 2024, Payable on 20 December 2024 Kerjaya Prospek Group Berhad declared third interim dividend of 3.0 sen per ordinary share under single-tier system for the financial period ending 31 December 2024; ex-Date: 13 December 2024; Entitlement date: 16 December 2024. Payment date: 20 December 2024. Declared Dividend • Nov 29
Second quarter dividend of RM0.07 announced Shareholders will receive a dividend of RM0.07. Ex-date: 13th December 2024 Payment date: 20th December 2024 Dividend yield will be 6.1%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (80% earnings payout ratio) but not adequately covered by cash flows (97% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 66% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Nov 28
Kerjaya Prospek Group Berhad Announces Special Dividend for the Financial Year End December 31, 2024, Payable December 20, 2024 Kerjaya Prospek Group Berhad announced of 4.0 sen per ordinary share under single-tier system for the Financial Year End December 31, 2024. Ex-Date: December 13, 2024, Entitlement date: December 16, 2024. Payment Date: December 20, 2024. Entitlement in Currency Malaysian Ringgit (MYR) 0.0400. Upcoming Dividend • Sep 12
Upcoming dividend of RM0.025 per share Eligible shareholders must have bought the stock before 17 September 2024. Payment date: 09 October 2024. Payout ratio and cash payout ratio are on the higher end at 80% and 78% respectively. Trailing yield: 5.3%. Within top quartile of Malaysian dividend payers (4.7%). Higher than average of industry peers (2.7%). Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: RM0.029 (vs RM0.025 in 2Q 2023) Second quarter 2024 results: EPS: RM0.029 (up from RM0.025 in 2Q 2023). Revenue: RM395.4m (up 28% from 2Q 2023). Net income: RM37.1m (up 18% from 2Q 2023). Profit margin: 9.4% (in line with 2Q 2023). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Construction industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 16% per year. Announcement • Aug 27
Kerjaya Prospek Group Berhad Announces Second Interim Dividend for Financial Year End 31 December 2024, Payable on October 9, 2024 Kerjaya Prospek Group Berhad announced Second interim dividend of 2.5 sen per ordinary share under single-tier system for Financial Year End 31 December 2024. Ex-Date 17 September 2024, Entitlement date 18 September 2024 and Payment Date 09 October 2024. Price Target Changed • Aug 21
Price target increased by 8.8% to RM2.30 Up from RM2.11, the current price target is an average from 6 analysts. New target price is 18% above last closing price of RM1.94. Stock is up 63% over the past year. The company is forecast to post earnings per share of RM0.14 for next year compared to RM0.10 last year. Price Target Changed • Jun 19
Price target increased by 8.6% to RM2.02 Up from RM1.86, the current price target is an average from 6 analysts. New target price is 9.7% above last closing price of RM1.84. Stock is up 75% over the past year. The company is forecast to post earnings per share of RM0.14 for next year compared to RM0.10 last year. Declared Dividend • May 31
First quarter dividend of RM0.025 announced Shareholders will receive a dividend of RM0.025. Ex-date: 14th June 2024 Payment date: 5th July 2024 Dividend yield will be 4.6%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (74% earnings payout ratio) but not covered by cash flows (186% cash payout ratio). The dividend has increased by an average of 8.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 56% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Price Target Changed • May 30
Price target increased by 7.8% to RM1.99 Up from RM1.84, the current price target is an average from 6 analysts. New target price is 7.9% above last closing price of RM1.84. Stock is up 67% over the past year. The company is forecast to post earnings per share of RM0.14 for next year compared to RM0.10 last year. Reported Earnings • May 30
First quarter 2024 earnings released: EPS: RM0.027 (vs RM0.023 in 1Q 2023) First quarter 2024 results: EPS: RM0.027 (up from RM0.023 in 1Q 2023). Revenue: RM337.1m (up 13% from 1Q 2023). Net income: RM33.6m (up 14% from 1Q 2023). Profit margin: 10.0% (in line with 1Q 2023). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Construction industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 14% per year. Announcement • Apr 28
Kerjaya Prospek Group Berhad, Annual General Meeting, Jun 05, 2024 Kerjaya Prospek Group Berhad, Annual General Meeting, Jun 05, 2024, at 11:00 Singapore Standard Time. Agenda: To receive the Audited Financial Statements for the financial year ended 31 December 2023 and the Reports of Directors and Auditors thereon; to approve the payment of Directors' fees to the Non-Executive Directors of RM261,600 in respect of the financial year ended 31 December 2023; to approve the payment of Directors' benefits to the Non-Executive Directors up to an amount of RM50,000 from 6 June 2024 until the next annual general meeting of the Company; to re-elect the directors; to appoint Nexia SSY PLT as Auditors of the Company and authorize the Directors to determine their remuneration; and to transact other business. Upcoming Dividend • Mar 12
Upcoming dividend of RM0.02 per share Eligible shareholders must have bought the stock before 19 March 2024. Payment date: 05 April 2024. Payout ratio is on the higher end at 76%, and the cash payout ratio is above 100%. Trailing yield: 4.6%. Lower than top quartile of Malaysian dividend payers (4.8%). Higher than average of industry peers (2.6%). Declared Dividend • Mar 02
Fourth quarter dividend of RM0.02 announced Shareholders will receive a dividend of RM0.02. Ex-date: 19th March 2024 Payment date: 5th April 2024 Dividend yield will be 4.8%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (81% earnings payout ratio) but not covered by cash flows (dividend approximately 8x free cash flows). The dividend has increased by an average of 5.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 33% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 01
Full year 2023 earnings released: EPS: RM0.10 (vs RM0.092 in FY 2022) Full year 2023 results: EPS: RM0.10 (up from RM0.092 in FY 2022). Revenue: RM1.46b (up 30% from FY 2022). Net income: RM132.3m (up 15% from FY 2022). Profit margin: 9.1% (down from 10% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Construction industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 16% per year. Upcoming Dividend • Dec 07
Upcoming dividend of RM0.02 per share at 4.1% yield Eligible shareholders must have bought the stock before 14 December 2023. Payment date: 12 January 2024. Payout ratio is on the higher end at 81%, and the cash payout ratio is above 100%. Trailing yield: 4.1%. Lower than top quartile of Malaysian dividend payers (5.0%). Higher than average of industry peers (3.0%). Reported Earnings • Nov 22
Third quarter 2023 earnings released: EPS: RM0.028 (vs RM0.023 in 3Q 2022) Third quarter 2023 results: EPS: RM0.028 (up from RM0.023 in 3Q 2022). Revenue: RM362.2m (up 40% from 3Q 2022). Net income: RM35.6m (up 24% from 3Q 2022). Profit margin: 9.8% (down from 11% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Construction industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 21
Kerjaya Prospek Group Berhad Announces Third Interim Dividend for the Financial Year Ending 31 December 2023, Payable on 12 January 2024 Kerjaya Prospek Group Berhad announced third interim dividend of 2.0 sen per ordinary share under single-tier system for the financial year ending 31 December 2023. Ex-date is 14 December 2023. Payment date is 12 January 2024. Upcoming Dividend • Aug 31
Upcoming dividend of RM0.02 per share at 4.8% yield Eligible shareholders must have bought the stock before 07 September 2023. Payment date: 06 October 2023. Payout ratio is a comfortable 75% but the company is paying out more than the cash it is generating. Trailing yield: 4.8%. Lower than top quartile of Malaysian dividend payers (5.1%). Higher than average of industry peers (3.1%). Reported Earnings • Aug 19
Second quarter 2023 earnings released: EPS: RM0.025 (vs RM0.023 in 2Q 2022) Second quarter 2023 results: EPS: RM0.025 (up from RM0.023 in 2Q 2022). Revenue: RM309.3m (up 12% from 2Q 2022). Net income: RM31.6m (up 11% from 2Q 2022). Profit margin: 10% (in line with 2Q 2022). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Construction industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 5% per year. Announcement • Aug 18
Kerjaya Prospek Group Berhad Announces Second Interim Dividend for Financial Year Ending 31 December 2023, Payable on 06 October 2023 Kerjaya Prospek Group Berhad announced Second interim dividend of 2.0 sen per ordinary share under single-tier system for Financial Year Ending 31 December 2023. Ex-Date 07 September 2023 Entitlement date 08 September 2023, Payment Date 06 October 2023. Upcoming Dividend • Jun 06
Upcoming dividend of RM0.02 per share at 5.5% yield Eligible shareholders must have bought the stock before 12 June 2023. Payment date: 06 July 2023. Payout ratio is a comfortable 65% and the cash payout ratio is 79%. Trailing yield: 5.5%. Within top quartile of Malaysian dividend payers (5.4%). Higher than average of industry peers (3.4%). Announcement • May 24
Kerjaya Prospek Group Berhad Announces First Interim Dividend for the Financial Year Ending December 31, 2023, Payable on July 06, 2023 Kerjaya Prospek Group Berhad announced the First interim dividend of 2.0 sen per ordinary share under single-tier system for the Financial Year Ending December 31, 2023, Payable on July 06, 2023. Ex-Date is on June 12, 2023 and Entitlement date is on June 13, 2023. Reported Earnings • May 24
First quarter 2023 earnings released: EPS: RM0.023 (vs RM0.023 in 1Q 2022) First quarter 2023 results: EPS: RM0.023 (in line with 1Q 2022). Revenue: RM297.2m (down 1.1% from 1Q 2022). Net income: RM29.4m (up 1.9% from 1Q 2022). Profit margin: 9.9% (in line with 1Q 2022). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Construction industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 4% per year. Upcoming Dividend • Mar 14
Upcoming dividend of RM0.02 per share at 5.2% yield Eligible shareholders must have bought the stock before 21 March 2023. Payment date: 13 April 2023. Payout ratio is a comfortable 65% and this is well supported by cash flows. Trailing yield: 5.2%. Lower than top quartile of Malaysian dividend payers (5.3%). Higher than average of industry peers (3.3%). Reported Earnings • Feb 28
Full year 2022 earnings released: EPS: RM0.092 (vs RM0.078 in FY 2021) Full year 2022 results: EPS: RM0.092 (up from RM0.078 in FY 2021). Revenue: RM1.13b (up 15% from FY 2021). Net income: RM114.9m (up 19% from FY 2021). Profit margin: 10% (in line with FY 2021). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Construction industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 2% per year. Upcoming Dividend • Dec 14
Upcoming dividend of RM0.01 per share Eligible shareholders must have bought the stock before 21 December 2022. Payment date: 06 January 2023. Payout ratio is a comfortable 64% but the company is paying out more than the cash it is generating. Trailing yield: 3.2%. Lower than top quartile of Malaysian dividend payers (5.0%). In line with average of industry peers (3.4%). Reported Earnings • Dec 03
Third quarter 2022 earnings released: EPS: RM0.023 (vs RM0.02 in 3Q 2021) Third quarter 2022 results: EPS: RM0.023 (up from RM0.02 in 3Q 2021). Revenue: RM259.4m (up 17% from 3Q 2021). Net income: RM28.8m (up 19% from 3Q 2021). Profit margin: 11% (in line with 3Q 2021). Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Construction industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 3% per year. Board Change • Dec 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent & Non Executive Director Swee Ying Chong was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Nov 02
Kerjaya Prospek Group Berhad Appoints Chong Swee Ying as Independent and Non Executive Director Kerjaya Prospek Group Berhad announced the appointment of Miss Chong Swee Ying, Age 58 as Independent and Non Executive Director. Date of change: November 1, 2022. Qualifications: Others: Tunku Abdul Rahman College, Kuala Lumpur; Sijil Tinggi Persekolahan Malaysia. Working experience and occupation: Chong Swee Ying ("Chong") has been on the Board of Directors for AEON CO. (M) BHD. since August 2018. Chong's journey with AEON Co. (M) Bhd. began in 1985 as administrative staff. She swiftly rose through the ranks. In 1990, she was the pioneer staff selected to undergo a year-long on-job training in Japan. After heading various departments as Softline Group Leader, Hardline Merchandiser, Leasing Manager and Senior Manager of Shopping Centre Management, then in 2003, she was appointed as General Manager of various departments including Shopping Centre Management, New Business Development, Store Operations and Marketing. In 2011, she was appointed as Executive Director for Aeon Fantasy (Malaysia) Sdn Bhd and promoted to Managing Director a year later. In July 2018, she retired as Managing Director and served as Advisor to AEON Fantasy (Malaysia) Sdn Bhd for over three years. She has over three decades of diverse experience in the retail business, property management and new business development, picking up numerous Executive of the Year awards along her way. Upcoming Dividend • Sep 01
Upcoming dividend of RM0.01 per share Eligible shareholders must have bought the stock before 08 September 2022. Payment date: 07 October 2022. Payout ratio is a comfortable 55% but the company is paying out more than the cash it is generating. Trailing yield: 3.3%. Lower than top quartile of Malaysian dividend payers (4.9%). In line with average of industry peers (3.3%). Reported Earnings • Aug 23
Second quarter 2022 earnings released: EPS: RM0.023 (vs RM0.013 in 2Q 2021) Second quarter 2022 results: EPS: RM0.023 (up from RM0.013 in 2Q 2021). Revenue: RM276.9m (up 46% from 2Q 2021). Net income: RM28.5m (up 78% from 2Q 2021). Profit margin: 10% (up from 8.4% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 19%, compared to a 31% growth forecast for the Construction industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Announcement • Aug 22
Kerjaya Prospek Group Berhad Declares Second Interim Dividend for the Financial Year Ending December 31, 2022, Payable on 7 October, 2022 Kerjaya Prospek Group Berhad declared second interim dividend of 1.0 sen per ordinary share for the financial year ending December 31, 2022. Ex-Date is on 8 September, 2022, entitlement date is on 9 September 2022, payment date is 7 October, 2022. Announcement • Jun 17
Kerjaya Prospek Group Berhad has completed a Follow-on Equity Offering in the amount of MYR 40.3824 million. Kerjaya Prospek Group Berhad has completed a Follow-on Equity Offering in the amount of MYR 40.3824 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 25,239,000
Price\Range: MYR 1.6
Transaction Features: Subsequent Direct Listing Upcoming Dividend • Jun 03
Upcoming dividend of RM0.02 per share Eligible shareholders must have bought the stock before 10 June 2022. Payment date: 08 July 2022. Payout ratio is a comfortable 68% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Malaysian dividend payers (4.6%). In line with average of industry peers (3.1%). Announcement • May 28
Kerjaya Prospek Group Berhad Declares Interim Dividend for the Financial Year Ending December 31, 2022, Payable on July 8, 2022 Kerjaya Prospek Group Berhad declared interim dividend of 2.0 sen per ordinary share for the financial year ending December 31, 2022. Ex-Date is on June 10, 2022, entitlement date is on 13 June 2022, payment date is on July 8, 2022. Reported Earnings • May 01
Full year 2021 earnings: EPS misses analyst expectations Full year 2021 results: EPS: RM0.078 (up from RM0.074 in FY 2020). Revenue: RM977.0m (up 19% from FY 2020). Net income: RM97.0m (up 6.8% from FY 2020). Profit margin: 9.9% (down from 11% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 8.7%. Over the next year, revenue is forecast to grow 31%, compared to a 29% growth forecast for the industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Mar 10
Upcoming dividend of RM0.02 per share Eligible shareholders must have bought the stock before 17 March 2022. Payment date: 08 April 2022. Payout ratio is a comfortable 45% but the company is paying out more than the cash it is generating. Trailing yield: 3.6%. Lower than top quartile of Malaysian dividend payers (4.8%). In line with average of industry peers (3.4%). Announcement • Mar 01
Kerjaya Prospek Group Berhad Declares Second Interim Dividend for the Fiscal Year Ended December 31, 2021, Payable on April 8, 2022 Kerjaya Prospek Group Berhad declared second interim dividend of 2.0 sen per ordinary share for the fiscal year ended December 31, 2021. Ex-date on March 17, 2022. Payment date on April 8, 2022. Entitlement date on March 22, 2022. Reported Earnings • Mar 01
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: RM0.078 (up from RM0.074 in FY 2020). Revenue: RM964.9m (up 19% from FY 2020). Net income: RM97.0m (up 6.8% from FY 2020). Profit margin: 10.0% (down from 11% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 100%. Earnings per share (EPS) also missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 31%, compared to a 30% growth forecast for the industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 26
Third quarter 2021 earnings: EPS misses analyst expectations Third quarter 2021 results: EPS: RM0.02 (down from RM0.025 in 3Q 2020). Revenue: RM222.6m (flat on 3Q 2020). Net income: RM24.2m (down 20% from 3Q 2020). Profit margin: 11% (down from 14% in 3Q 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.6%. Earnings per share (EPS) missed analyst estimates by 4.6%. Over the next year, revenue is forecast to grow 31%, compared to a 15% growth forecast for the industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Sep 10
Upcoming dividend of RM0.015 per share Eligible shareholders must have bought the stock before 17 September 2021. Payment date: 08 October 2021. Trailing yield: 2.4%. Lower than top quartile of Malaysian dividend payers (4.0%). In line with average of industry peers (2.6%). Reported Earnings • Aug 27
Second quarter 2021 earnings released: EPS RM0.013 (vs RM0.008 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: RM189.9m (up 48% from 2Q 2020). Net income: RM16.0m (up 59% from 2Q 2020). Profit margin: 8.4% (up from 7.9% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Jun 11
Upcoming dividend of RM0.015 per share Eligible shareholders must have bought the stock before 18 June 2021. Payment date: 07 July 2021. Trailing yield: 2.4%. Lower than top quartile of Malaysian dividend payers (4.0%). In line with average of industry peers (2.5%). Reported Earnings • May 29
First quarter 2021 earnings released: EPS RM0.021 (vs RM0.018 in 1Q 2020) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: RM268.7m (up 27% from 1Q 2020). Net income: RM26.4m (up 18% from 1Q 2020). Profit margin: 9.8% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 7% per year. Executive Departure • May 21
Independent Non-Executive Director has left the company On the 12th of May, Kien Lai Lim's tenure as Independent Non-Executive Director ended after 9.5 years in the role. As of March 2021, Kien Lai personally held 175.74k shares (RM232k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • May 21
Senior Independent Non-Executive Director has left the company On the 12th of May, Siong Kee Khoo's tenure as Senior Independent Non-Executive Director ended after 10.1 years in the role. As of March 2021, Siong Kee personally held only 22.44k shares (RM30k worth at the time). A total of 2 executives have left over the last 12 months. Reported Earnings • May 01
Full year 2020 earnings released: EPS RM0.074 (vs RM0.11 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: RM811.0m (down 23% from FY 2019). Net income: RM90.8m (down 35% from FY 2019). Profit margin: 11% (down from 13% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 5% per year. Price Target Changed • Apr 12
Price target increased to RM1.50 Up from RM1.39, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of RM1.45. Stock is up 50% over the past year. Reported Earnings • Feb 26
Full year 2020 earnings released The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: RM811.0m (down 23% from FY 2019). Net income: RM90.6m (down 35% from FY 2019). Profit margin: 11% (down from 13% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings.