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Overview
Financial Highlight
Headlines
Business Background Favelle Favco Bhd was incorporated in Malaysia. The Company is an investment holding company. The Company manufactures cranes. Its product line consists of heavy lift Offshore, Tower, Wharf Crawler Cranes and Marine Winches. The Company also has a total lifting solution.
  snowball2000 When Director is selling / buying with insider information, Bursua/SC should scrutinise the transactions!!! 27/05/2022 9:53 AM  speakup already told u all last time sell son Favco swap to mother Muhibbah cos all the Favco cash transferred to Muhibbah 27/05/2022 9:59 AM henry888 Hi hi, cannot trap me, i already know before ex date and sold before ex date as the chart with flat top depicts operator not going to push (as i entered second time at above rm3.20) and also afraid majority shareholders would sell and let you no chance to escape since Muhibbah need fund (opinion). 27/05/2022 10:09 AM speakup based on my past experience, when a common owner move money from company X to company Y, means he is shifting attention from X to Y. The smart move is Sell X swap to Buy Y. in this case, X is Favco, Y is Muhibbah. 27/05/2022 10:10 AM henry888 But you need to know why Muhibbah need fund ??? Is Muhibbah doing any job of Sapura energy since in trouble??? 27/05/2022 10:16 AM snowball2000 https://www.theedgemarkets.com/article/maybank-ib-downgrades-favelle-favco-less-attractive-earnings-outlook 27/05/2022 11:53 AM NatsukoMishima @snowball2000 110 posts Posted by snowball2000 > 3 hours ago | Report Abuse When Director is selling / buying with insider information, Bursua/SC should scrutinise the transactions!!! ________ Fake account like serb also not a big deal , what more u want expect our sleeping beauty ! 27/05/2022 1:11 PM NatsukoMishima Like cantonese people always says " where got such huge toad waiting for catching on the street " ?? Use your brain to think twice before staying in VIP room permanently ! 27/05/2022 1:11 PM snowball2000 Considering serb and other irregularities in the market, this starts to feel like a SCAM.... :((( 27/05/2022 5:01 PM speakup recession coming, favco is very very vulnerable because it has net cash 0! all already taken out 20/06/2022 4:04 PM snowball2000 Ex-dividend price should have been 2.40 (3.25 - 0.85)... It drops non-stop since going ex-div, really scary...... 21/06/2022 12:19 PM snowball2000 Confirmation of direction by end Aug 2022 with next quarterly announcement... 04/07/2022 10:40 AM snowball2000 QR is better than my expectation... However, cash position turned from +182mil to -37mil. Interest income will go down while interest expense is expected to rise... 26/08/2022 12:35 PM snowball2000 There may be impact on the company's ability to take on big project as well... 26/08/2022 12:35 PM investortrader88 https://www.theedgemarkets.com/article/favelle-favco-bags-six-contracts-worth-rm1308-mil 26/09/2022 8:31 PM ming Net profit 21mil include impairment. If exclude all the one off items, core net profit should be 41m !!! 26/02/2024 7:09 PM ValueMaker U.s imposed 25% tariff on China made crane~ good for Favco. Ship-to-Shore Cranes The tariff rate on ship-to-shore cranes will increase from 0% to 25% in 2024. 15/05/2024 9:31 AM Jack737 Final dividend 9 cent waiting for AGM approval . Expecting to be paid in SEP. 08/06/2024 7:52 AM ming FAVCO 24Q3 result: If exclude the one off items (eg: forex, allowances, derivatives & etc), core PBT stood as: 24Q3: 27.231m 24Q2: 14.863m 24Q1: 14.686m 23Q4: 50.988m 23Q3: 22.040m 23Q2: 7.088m 23Q1: 9.994m Forex loss of RM 27m in Q3 due to rapid strengthening of MYR. Good thing is bulk of this still remain unrealised loss as yet to convert back to Ringgit. Ringgit start weaken significantly since early Q4 22/11/2024 8:31 PM ming Q4 will much better as profit should add back the unrealize forex part follow with the weaken of Ringgit 23/11/2024 9:01 AM ValueMaker Favco result Ok la~ 9 months tax paid around 17.6m Base on 30% tax rate, the actual earning before tax should around 58.9m~ close with reported PBT 35.6m + forex loss of 24.8m Unrealised loss eh~ Next quarter will add back! 24/11/2024 4:22 PM ValueMaker FAVCO’s result Comparison between 9m24 vs 9m23: Revenue: 569.4m vs 459.4m (+24%) PBT: 35.6m vs 53.9m (-34%) Core PBT: 56.8m vs 39.1m (+45%) Tax pay: 17.7m vs 14.0m (+26%) **core PBT refer to PBT exclude all one off items Improving or terbalik? Clearly for judge !!! 24/11/2024 4:23 PM  | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
