Highlights
KLSE : FIBON       FIBON BERHAD Main : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
0.725   +0.005 (0.69%)  0.72 - 0.73  194,400
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Annual Report

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[1] Click the View Annual Result icon table to view the annual result page.

Financial Year Annual Audited Account Annual Report View
Ann. Date Ann. Date
31-May-2016 30-Sep-2016 View Annual Result
31-May-2015 29-Sep-2015 View Annual Result
31-May-2014 30-Sep-2014 View Annual Result
31-May-2013 30-Sep-2013 02-Oct-2013 View Annual Result
31-May-2012 27-Sep-2012 24-Oct-2012 View Annual Result
31-May-2011 26-Sep-2011 10-Oct-2011 View Annual Result
31-May-2010 01-Oct-2010 01-Oct-2010 View Annual Result
31-May-2009 29-Jun-2009 03-Jul-2009 View Annual Result
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  5 people like this.
 
Tiger_shark potong stim
26/01/2017 20:40
Skliew The co bought the 33 acres agriculture land for 7.89mil ringgit. Does it have a clear picture of what it want to do with the said land? For investment? For future HQ and manufacturing facilities? For property development? Or a combination of the above? Any sifu here can drop a few lines? Thank you.
27/01/2017 16:55
BenjamGoh The last time I attended the AGM, they mentioned a portion of it was for the expansion of building a new and bigger factory to facilitate a bigger production level. Their current factory is running at full force maximum productivity and workers working overtime and multiple shifts round the clock to meet customer demands. The rest of it would be for investments and developments. They bought the land at a pretty good price and it hasn't been revalued since.
27/01/2017 17:41
oolongteh They haven't had a correction since price at 0.505, a little retracement these 2 days would be healthy to get rid of the selling pressure, selling pressure has subsided today, hopefully it should continue flying after cny. However the price is still very undervalued now, at buy while it's correcting. Don't chase when it flies up. They have 44mil assets (which 30mil is free cash) vs only 2mil liabilities (mostly trade payables) makes it asset is 22 times of its liabilites, and they have no debts and no gearing, super clean pure asset company. They can easily expand with such a pretty balance sheet. Their growth without even using debt is already quite good, imagine if they leverage out, the size and scale can multiply like crazy.
27/01/2017 18:04
Skliew BenjamGoh and oolongteh sifu, thank you for your explanations.
The business looks very profitable indeed with very high margins. The revenue is small if compared to any other listed companies. Since listed, revenues and profits had been flat until recently with the plunge of the ringgit, it seems revenues and profits are growing in ringgit term. No much info is available on the business nature in the annual reports also... company has been very low profile indeed.....

Should the revenue increase the profits would grow substantially. How soon the new HQ and new production lines would be put up is material. There are so little info available for the public, even what they actually do are also not described in details in the annual reports...

With the acquisition of the land completed and substantial cash in the co, hopefully a bigger factory would be put up soonest.

The land acquisition seems a strategic move.

:)
28/01/2017 10:29
Skliew Fibon Group Corporate Profile

http://www.fibon.com.my/
28/01/2017 14:45
oolongteh http://www.theedgemarkets.com/my/article/stock-momentum-fibon-2
28/01/2017 16:31
gohcheehoh Gd time to accumulate... Mkt cap < 70m, healthy PE, Gd top n bottom line yoy grow. Prove 1 more qtr with such result Fibon will fly over rm 1
31/01/2017 16:00
UncleSam Good good! Gong xi fa cai! We're back in business!
02/02/2017 10:11
UncleSam http://www.bursamalaysia.com/market/listed-companies/company-announcements/5329493
02/02/2017 17:39
UncleSam Good news, company performing sharebuybacks at 0.675. Just in case you're wondering why, when management decides to opt for a buyback, it is usually for one of the following reasons: take advantage of an undervalued share price, reduce share dilution and increase ownership, improve and increase value per share from key ratios such as returns on assets, return on equity and earnings per share and they are signalling that there are no better option to invest surplus cash aside from themselves. They are trying to tell that the shares are undervalued.
02/02/2017 17:48
oolongteh Shares are indeed undervalued, and investing in themselves are a no brainer should do. Look at previous year's q3, and just imagine how much you're expecting the coming q3 to perform. I'm just wondering how many folds they're gonna announce next quarter again, and by then people would go crazy with the consecutive multiple fold outperformance.
02/02/2017 17:57
BenjamGoh Interesting point of view oolongteh. Hmm. Interesting way to look at it. I wonder what's brewing. Lol Uncle Sam is like a veteran here hahah, and live finance text book. Hehe.
02/02/2017 18:03
Skliew Revenue already increased over the period? Extra production capacity already installed ?
02/02/2017 19:53
gohcheehoh Fibon start to shine and let heading all the way north to rm 1
03/02/2017 13:31
Dolly_Chai UncleSam, thanks for your good coaching on the intention of sharebuyback... but what effect could it bring if the company only purchased 1000 share (worth RM675)? haha
03/02/2017 14:07
Dolly_Chai gohcheehoh, why r u so sure? haha
03/02/2017 14:17
UncleSam It could be a signal. Isn't it unusual to just purchase the sharebuyback at just 1,000 shares? I mean how to make sense out of such a move?
03/02/2017 14:48
sarariman pretty awesome today
03/02/2017 14:51
Dolly_Chai what the heck.. what happened to fibon today? someone starts to fry?
03/02/2017 14:57
oolongteh Just broke through the technical resistance, the door has just opened.
03/02/2017 15:04
BenjamGoh Rm1.50 guys. Rm3mil profits. This year's profits gonna shine so bright in the annual reports.
03/02/2017 15:08
Dolly_Chai but that is only due to the one time off forex gain... core business revenue and profit has not improved much actually...
03/02/2017 15:52
Dolly_Chai so is there something we should be too excited about? or i missed something?
03/02/2017 15:52
oolongteh Can learn from how top glove benefitted from the foreign exchange benefits, but you have a very valid point Dolly, cannot deny that. One more advantage of this counter is that it has very very low risks.
03/02/2017 16:04
starperformer Dolly is just a KCChong's balls licker. Idiot follows others buy calls simply. Plz lah have ur own stance & don't always follow. Typical balls licker.
03/02/2017 16:55
gohcheehoh Dolly, as a investor u shd know nothing is sure will cross rm 1. But we can analyze, calculate risk vs ROI and potential upside before we make our bet. As for my personal opinion, Fibon good for mid term ( within 6 months )
I am more toward value trader rather then value investor
03/02/2017 21:55
Dolly_Chai haha.. idiot starperformer is talking cxck again... did i follow KCChong blindly without doing my own analysis? this idiot is simply an asxhole... haha... if i had followed KCChong blindly, i have already invested in Fibon without asking so many questions and doing some much research on my own..

see how stupid this idiot is...

on the other hand, he himself is licking KYY's ball so much that he assumes others do the same as him. haha.. funny right?

KYY questioned why KCChong used so-called "financial jargons" when he could not understand it..
same thing here.. this half-tong water starperformer also accused me of using financial jargons when I showed his some valuation method in some share forums... haha...

that is what a typical loser would say...

and it is also very childish of him to track where i left my comments and followed my footprints just to scold me.. haha.. idiot does idiotic things.. normal la..

you pls continue to lick your idol KYY's balls while I will continue to pay my respect to sifu like KCChong... I am learning from KCChong, not like you, blindly support KYY just bcoz he is wealthy..
06/02/2017 09:15
gohcheehoh Holding firm during closing. Shd cross 0.8 very soon before stretching for rm 1 within 3 mths.
06/02/2017 23:26
Tiger_shark loosing steam,
07/02/2017 16:37
Song Lee Tiger_shark you are loser
07/02/2017 22:18
Tiger_shark @Song Lee, I'm selling my Fibon share, so you term it as loser, is okay to me. You can continue to be winner. Buy more fibon share and wish you good luck
08/02/2017 09:29
Song Lee I bot a lot of on the price is below 0.50 and will keep for long term investment ,you r right I'm winner and u r loser cause u buy high sell low, that's why lose yr money on Fibon .
08/02/2017 23:58
gohcheehoh Right trending to heading north. This counter needed a bit Patient in order to get > 50% return within 6 mths.
09/02/2017 23:26
Tiger_shark tp achieved continue off load. money in the bank better. loser with the money in the bank ha ha ha sing sing song.
10/02/2017 10:03
joekit so many seller! looks like a stale bull! should we let go first?
10/02/2017 10:29
Dolly_Chai at current price, Fibon does not seem attractive anymore... should buy only when it is around 50sen
10/02/2017 12:45
Song Lee Fibon once break 0.82 the next TP is rm1.02 then the correction between 0.90 - 1.00 then next aiming is rm 1.30 ..
10/02/2017 22:56
Song Lee Bonus issue announcement will soon...keke
10/02/2017 22:57
UncleSam As long as Ringgit is around 4.4 per usd, we should still see some excellent forex gains, in the coming quarters.
11/02/2017 11:46
Song Lee Slow and steady
14/02/2017 22:51
Jason5183 Must break 0.8c first. This quarter result was superb with Forex gain. Highest EPS recorded.
Net cash company. Good to hold long term.
14/02/2017 23:58
sarariman bought in fibon and joining the club!
15/02/2017 10:49
gohcheehoh Time to exceed rm 0.8 in Feb before testing rm 1 in mar
16/02/2017 00:55
oolongteh I have recently monitored the price queues, and noticed at certain prices, there are sudden big blocks of shares being queued to sell, it definitely has to be one of the major shareholders, and looking into the top 30 biggest holders in the annual report, only very few of them has such amounts of shares to be traded into the exchange, the only ones that has changed recently these few years were Permodalan which has fully disposed, I think during the previous 83c rally (their holdings were less than 5% so not announced), and MAVCAP (holding 7.18% which is 7mil shares during 2015, then 6.55% 6.4mil shares in 2016). The rest of the major shareholders nothing really significant, doesn't matter much. Why isn't it showing in the announcements or change of holdings when MAVCAP is more than 5%? The last announcement was in the year 2013. Could MAVCAP be in a breach of regulations if lets say they were the ones selling this time? 2015-2016 sold shares and there were no announcements as well, anyone can clarify? I thought above 5% must announce?
16/02/2017 10:22
AishahNasimuddin If directors sell, definitely announce as well. So directors probably not the ones. We don't have to worry. A new name, or maybe the operators could be buying up the recent massive block of shares. May need to see upcoming annual report.
16/02/2017 10:35
ks55_ Even want to build factory how soon? 1 mth, 3 mth? When build factory no need to spend money? Everything FOC?

Skliew BenjamGoh and oolongteh sifu, thank you for your explanations.
The business looks very profitable indeed with very high margins. The revenue is small if compared to any other listed companies. Since listed, revenues and profits had been flat until recently with the plunge of the ringgit, it seems revenues and profits are growing in ringgit term. No much info is available on the business nature in the annual reports also... company has been very low profile indeed.....

Should the revenue increase the profits would grow substantially. How soon the new HQ and new production lines would be put up is material. There are so little info available for the public, even what they actually do are also not described in details in the annual reports...

With the acquisition of the land completed and substantial cash in the co, hopefully a bigger factory would be put up soonest.

The land acquisition seems a strategic move.

:)
28/01/2017 10:29
19/02/2017 17:08
sarariman slow and steadyyy
21/02/2017 09:55
BenjamGoh Apparently if you dig deep, the land bank that Fibon owns is the last piece of industrial land left in Kluang, Johor. For further value added, these land are actually rubber plantation land when they bought over. Rubber prices have risen in the recent months. Should the value of these land banks go up as well? Maybe the yields or rental, if they happen to utilize it, I'm not sure what's being done with the land at the moment, but these are what I'm able to find out. I hope these info can be useful. Hahaha.
21/02/2017 12:55
BenjamGoh They are not reflected in the annual report but I think these facts should be able to add some hidden value, indirectly or long term?
21/02/2017 12:57


 

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