MCE HOLDINGS BERHAD

KLSE (MYR): MCEHLDG (7004)

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Last Price

1.93

Today's Change

+0.01 (0.52%)

Day's Change

1.91 - 1.94

Trading Volume

506,600


6 people like this.

562 comment(s). Last comment by eugenewong794 4 days ago

snake_eye

943 posts

Posted by snake_eye > 2021-09-27 14:38 | Report Abuse

shares float almost similar like genetec..hope can up at least half of genetec...

vic_amat87

604 posts

Posted by vic_amat87 > 2021-09-27 18:36 | Report Abuse

QR red due to McO. Factory close. Expected some votality tomorrow. But overall bright prospect ahead.

troy88

2,622 posts

Posted by troy88 > 2023-02-13 09:37 | Report Abuse

Automotive related stocks on the uptrend

Huat 888

328 posts

Posted by Huat 888 > 2023-05-17 11:41 | Report Abuse

wow.is coming...loootttttttttttttttt

troy88

2,622 posts

Posted by troy88 > 2023-06-27 10:23 | Report Abuse

Underrated and undervalued stock. Business growth on positive trajectory

Posted by Mr NoNeedToStudy > 2023-06-27 12:15 | Report Abuse

rm4 otw no doubt. Market cap so low. Someone gonna goreng goreng soon

Tibbers

561 posts

Posted by Tibbers > 2023-06-27 15:55 | Report Abuse

breakout soon to 2.5 and stay above :)

SMInvest

279 posts

Posted by SMInvest > 2023-07-25 13:24 | Report Abuse

https://pmbtechnology.com/home

SMInvest

279 posts

Posted by SMInvest > 2023-07-25 13:24 | Report Abuse

Silicon Metal Market: Growing Demand for Electronic Devices and Solar Panels to Drive Growth
https://www.linkedin.com/pulse/silicon-metal-market-growing-demand-electronic-devices-melissa-keskar

Stead

162 posts

Posted by Stead > 2023-12-05 16:02 | Report Abuse

When is the EGM?

roger3210

4,964 posts

Posted by roger3210 > 2023-12-06 11:32 | Report Abuse

21/1/2023, Bonus share + bonus warrant coming, and probably strong QR, refer to APM QR which is another car part supplier

Posted by Kongsirezekidq > 2023-12-20 20:23 | Report Abuse

Happy EGM everyone!

troy88

2,622 posts

Posted by troy88 > 2023-12-21 09:16 | Report Abuse

Now only this cunning operator wanna push up like mad after a poor last QR. Was toying with bilis for many months..

faruqie

33 posts

Posted by faruqie > 2023-12-21 22:22 | Report Abuse

all is good except no one wanna talk about mce

Posted by value_seeker > 2023-12-28 10:34 | Report Abuse

Master?

klee

3,019 posts

Posted by klee > 2023-12-28 12:07 | Report Abuse

1 for 1 bonus sure push to max,after x lagi push...

Posted by value_seeker > 2023-12-28 13:22 | Report Abuse

Still can up a lot or can not buy?

klee

3,019 posts

Posted by klee > 2023-12-28 15:08 | Report Abuse

hahaha tunggu apa...lagi tunggu lagi lebih mahal

klee

3,019 posts

Posted by klee > 2023-12-28 15:28 | Report Abuse

small float easy to mark up.....lets go 3.5

klee

3,019 posts

Posted by klee > 2024-01-02 12:31 | Report Abuse

lets go 3.5

investor77

760 posts

Posted by investor77 > 2024-01-05 15:57 | Report Abuse

Adj price after bonus and warrants is 1.33. So if buy at 3.20, will end up 2 shares, 1 warrant. Warrant value is- estd 50cents, +10% premium. Correct me if wrong

stncws

10,302 posts

Posted by stncws > 2024-01-05 16:03 | Report Abuse

fake bull market.

investor77

760 posts

Posted by investor77 > 2024-01-05 16:51 | Report Abuse

MCE supplier to P2. Bezza and Alza, waiting list more than 6 months. Good potential for its warrants as it is going to be cheap compared to Mother at estd 55 cents compared to 1.33

Posted by value_seeker > 2024-01-05 17:15 | Report Abuse

investor77, how do come up witg ex price 1.33?

hakubasnow

263 posts

Posted by hakubasnow > 2024-01-08 09:30 | Report Abuse

---------------------------------------------
Adjusting shares price for Bonus Issue
---------------------------------------------

(3.08 x 1 existing shares) / 2 [ 1 existing shares + 1 bonus ]

3.08/2 = 1.54

Free Warrant = 1 warrant for 2 existing shares
ex-date = 11/01/24

----------------------------------------------------
Adjusting shares price for Bonus Issue for Warrants
----------------------------------------------------

TX = Theoretical Ex-Price (RM)
P, Cum Price = Closing Price (RM) on last cum date
X = Bonus Warrant (unit)
Y = Holding of existing share (unit)
EP = Exercise Price of Warrant

TX = ( P × Y ) + ( X × EP )
_______________________
Y + X


TX = ( 1.65 × 2 ) + ( 1 × 0.80)
_______________________
2 + 1

TX = 3.30 + 0.80
____________
3

TX = 4.10/3 = 1.36

Reference price for warrant = 1.36 - 0.80 = 0.56

durian1

45 posts

Posted by durian1 > 2024-01-08 10:14 | Report Abuse

Is the price going to fall further today below 1.69?

hakubasnow

263 posts

Posted by hakubasnow > 2024-01-08 10:33 | Report Abuse

@durian1 : I don't think there will be any heavy selling, at least until the ex-date for the warrants which is on 11/01/24. If you sell now you won't be entitled to the warrants knowing that the warrants price is more than 50 sent than the exercise price (0.80)

Cakes Moon

6,818 posts

Posted by Cakes Moon > 2024-01-08 13:06 | Report Abuse

Buy!

mf

27,882 posts

Posted by mf > 2024-01-08 14:45 | Report Abuse

target rm2.40

investor77

760 posts

Posted by investor77 > 2024-01-08 16:30 | Report Abuse

Adj px after bonus warrant at 1.70 is 4.20/3 is 1.40. So Warrant px is estd at 1.40 -80 is 60 cents. Your original cost is 3.40 for 2 000 shares. Now it is 2 x 1.40 + 60, back to your original cost of RM3.40. But, since Co warrants has long maturity of 5 years, it normally trades at 10% premium . So on listing may touch 0.66 cents. My 2 cents opinion.

investorbat

1,330 posts

Posted by investorbat > 2024-01-19 09:11 | Report Abuse

warrant is cheap,if trading at 30% premium around 0.90

klee

3,019 posts

Posted by klee > 2024-01-22 10:04 | Report Abuse

sapu wa

Lpkoh

6 posts

Posted by Lpkoh > 2024-01-22 11:27 | Report Abuse

LU today?

Huat 888

328 posts

Posted by Huat 888 > 2024-01-23 21:07 | Report Abuse

RM1.88 otw

Posted by wallstreetrookieNEW > 2024-01-24 11:18 | Report Abuse

EEV the next growth engine: One of NAP 2020’s objectives was to develop an NxGV tech ecosystem to make Malaysia a regional hub for the production of such vehicles. In this regards, the fast-growing EV segment is gaining its popularity due to various government incentives and more affordable prices. MCE is tapping into the EV space – it holds a Manufacture License and World Manufacturer Identifier (WMI) code to assemble e- motorcycles locally. It has also won a contract to produce the low frequency (LF) antennas for electric motorcycles’ smart key systems in Indonesia.

klee

3,019 posts

Posted by klee > 2024-01-24 12:10 | Report Abuse

Tambah kaw2 wa

klee

3,019 posts

Posted by klee > 2024-01-24 12:34 | Report Abuse

mom at 1.53 n wa at 91 sen means this stock has made a new high...more to come

investorbat

1,330 posts

Posted by investorbat > 2024-01-24 14:54 | Report Abuse

mom at 1.52,at 30% premium wa should trade at 1.10,wa trying to catch up the premium

klee

3,019 posts

Posted by klee > 2024-01-26 10:41 | Report Abuse

sailang wa

klee

3,019 posts

Posted by klee > 2024-01-31 09:21 | Report Abuse

huat ah

klee

3,019 posts

troy88

2,622 posts

Posted by troy88 > 2024-02-05 10:46 | Report Abuse

Still bullish. WA should challenge ATH again soon..

klee

3,019 posts

Posted by klee > 2024-02-08 14:05 | Report Abuse

Good,here still quiet unlike kopitiam.Lol.

mf

27,882 posts

Posted by mf > 2024-02-08 16:18 | Report Abuse

target 2.18

Posted by khatulistiwa8 > 1 week ago | Report Abuse

came here to check out the forum.. discussion seems to have died off. share price also has lost some steam recently.. though still very good from where it started off not too long ago. today got some good news on the sectors.. which shld benefit MCE.
1) Proton records sales of 11,025 units in April, higher by 17.1% y-o-y
https://theedgemalaysia.com/node/710413
2) Perodua eyes 79% jump in exports this year as it introduces more models in Brunei
https://theedgemalaysia.com/node/710504
so ... there's still leg to the rally? building base now? i guess only time will tell.

kritikos

29 posts

Posted by kritikos > 6 days ago | Report Abuse

read the news! Creador aka Brahmal is now a substantial shareholder in MCE.. hosei liao. he must know sth good in the company's future. i just hope there are more news and coverage on the stock so ikan bilis like us can have better information.

icecube

20 posts

Posted by icecube > 5 days ago | Report Abuse

how things have turned... i still remember some some 2+years back, MCE was trading at 6-8x PE while Betamek was at 13-15x. Beta was in favour then. Fast forward, today, Beta is out of favour due to political reasons.. now trading at single digit PE, while it's MCE turn to fly high.. trading at teens PE.. and brahmal is now a substantial shareholder. Goes to show every dog has its day.

Posted by eugenewong794 > 4 days ago | Report Abuse

Which is why I avoid politically linked stocks or companies that rely on gov contracts to be profitable, even if it's flying or great business, cos 1 bad announcement and the share will dump

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