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Overview
Financial Highlight
Headlines
Business Background MESB Bhd is an investment holding company. The group has two reportable segments which are Trading and Investment holding. Trading segment is involved in the trading of leather products and apparels and accessories for women, men, and children, including handbags, leather goods and clothing for men, women, and children. Products are sold through five hundred and seventy consignment counters in departmental stores and six standalone stores in shopping malls in Malaysia. The group's non-core business undertakes investment holding activities. The group is based in Malaysia.
  navi Nice quarter but price stagnant. Another 4 quarters same result better privatize the company with existing cash.. 29/05/2024 8:16 PM  SincereStock bought a few at 0.495. pay attention to it's waste recycling growth. it is remarkable and contributing like 30% to it's EPS already 30/05/2024 9:09 AM navi wau sincerestock you are here. yes if can sustain the recycling for another 1 year already cash rich enough to privitize the business... 30/05/2024 10:16 AM SincereStock @navi yes agree, many are still focusing on it's core apparels business, overlooked the significantly improved waste recycling ^_^ it is always important to read full QR to see where EPS comes from 30/05/2024 11:37 AM SincereStock net cash company, 5/8 PB, improved EPS growth with new business. price consider a little lagging comparatively to improved fundamental. 30/05/2024 11:39 AM navi @sincerestock, wau so confident. Today bad candle but it is now shariah complaint for all to buy. Need strong banker to come in and push. 30/05/2024 5:36 PM SincereStock @navi I just noticed it turned syariah complaint, do you know where to get such 1st line information about syariah status changing? I checked bursa there are no related information / announcement regarding this 31/05/2024 9:34 AM SincereStock by the way yes, my confident here is definitely quite high, barring any unforeseen circumstances especially market crash 31/05/2024 9:35 AM SincereStock topping up more mesb at 0.505 today due to it turning into syariah complaint which made me very happy 31/05/2024 9:37 AM navi It is in the shariah advisory council of security commision website. Good to hear your confidence, any expected TP? What is your biggest holding, syscorp? 31/05/2024 11:26 AM MZM2511 Jus for dear friend SincereStock.. https://www.isaham.my/sector/new-shariah 31/05/2024 11:33 AM SincereStock @navi thank you. too early to set final tp, but usually i will offload stage by stage in counters my stacks a bit larger, instead of offloading in 1 go. asiapac my biggest holding, sygroup just behind mesb as of now @MZM2511 thank you 31/05/2024 1:40 PM SincereStock @navi just can say that I probably will still keeping at least some until next QR, depends on situation, i rarely set fixed plan ahead and goes by feeling sometime 31/05/2024 1:42 PM SincereStock hopefully the growth is to presist long term for longer term investing here, fundamental is just started to be improved so very vauge to set early TP, can say that I eager to see the future of this company especially it's waste recycling business, personally just love that business helping the environment as well. feeling very good here especially after it turned Syariah Compliant 31/05/2024 1:44 PM SincereStock @navi you may like to refer to my playstyle in ORNA in similar situation of improved QR for the last 3 months, until it's bad QR reported ytd. you can go to that forum to see how I enter and exit. but of course situation here may end up differently. my current stacks at mesb is just very slightly more than orna 31/05/2024 1:46 PM SincereStock sold a few at 0.58 (7 june 2024 9.00am). still got more than half left 07/06/2024 9:04 AM SincereStock sold a few at 0.625 (11 june 2024 11.20am). still got more than half left 11/06/2024 11:22 AM investorbat Hidden gem,net cash around 50mil/0.40,newly acquired waste recycling company made good profit.Guess next Q profits not less than 7mil.Might go up above 0.90 before end of august 13/06/2024 11:02 AM navi next Q maybe arounf 5m, with Raya sales from retail. However may be tough to fly due to no dividend...hopefully they can declare now since making money. 13/06/2024 11:10 AM investorbat Dont worry, either dividend or bonus issue coming.As long as the profits is rising,share price will rise also with the back of 50mil cash 13/06/2024 11:39 AM SincereStock sold a few more at 0.620 to lock profit (26 june 2024, 10.01am), still got slight less than half left 26/06/2024 10:05 AM SincereStock @investorbat the research you shared says resistance at 0.64 lol (technical stuff), as a shareholder here (still got stakes left) hope that happen too but I rather be doubtful with technical stuff and such researches. preparing to top up back some if price falls to lower level 26/06/2024 10:10 AM investorbat Almost 0.40 cash/share,hopes give 4 sen dividend next Q,then share price will shoot to 0.80,5% dividend yield 26/06/2024 10:19 AM SincereStock cut queue sold a little more MESB at 0.635 (26 june 2024, 2.30PM open t-price), still got around 30% stakes left 26/06/2024 2:32 PM navi skb fly from 60 to 90++ cents today, can MESB fly same same now from 60++? hope so for a good quarter 04/07/2024 10:30 AM navi Skb rm1 for sometime, this mesb drop for no reason. Only patience required. Boss need to learn from haily from 0.6 at 0.77 now with bonus issue. 17/07/2024 1:30 PM SincereStock focusing on other counters 1st while still holding 30% of my remaining stakes here. will transfer some capital back here if given proper situation 17/07/2024 2:25 PM SincereStock @investorbat kalau ada mostly dari 0.585 & 0.590. 0.580 kurang volume 18/07/2024 3:04 PM SincereStock sold a few MESB to lock profit at 0.575 (4.35pm, 16 august 2024) still got some left and will keep until QR release 16/08/2024 4:44 PM SincereStock sold all MESB at 0.500 (9am, 29 august 2024) disappointed with QR, apparel business so far is declining hard 29/08/2024 9:04 AM  | |
