META BRIGHT GROUP BERHAD

KLSE (MYR): MBRIGHT (2097)

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Last Price

0.155

Today's Change

0.00 (0.00%)

Day's Change

0.155 - 0.16

Trading Volume

1,023,900

Overview

Market Cap

388 Million

NOSH

2,505 Million

Avg Volume (4 weeks)

964,152

4 Weeks Range

0.14 - 0.165

4 Weeks Price Volatility (%)

60.00%

52 Weeks Range

0.14 - 0.265

52 Weeks Price Volatility (%)

12.00%

Previous Close

0.155

Open

0.16

Bid

0.15 x 750,000

Ask

0.155 x 466,100

Day's Range

0.155 - 0.16

Trading Volume

1,023,900

Financial Highlight

Latest Quarter | Ann. Date

31-Dec-2023 [#2] | 28-Feb-2024

Next QR | Est. Ann. Date

31-Mar-2024 | 24-May-2024

T4Q P/E | EY

40.58 | 2.46%

T4Q DY | Payout %

0.00% | 0.00%

T4Q NAPS | P/NAPS

0.09 | 1.64

T4Q NP Margin | ROE

23.80% | 4.04%

Market Buzz
Company Profile

Sector: CONSUMER PRODUCTS & SERVICES

Sector: CONSUMER PRODUCTS & SERVICES

Subsector: TRAVEL, LEISURE & HOSPITALITY

Subsector: TRAVEL, LEISURE & HOSPITALITY

Description:

Meta Bright Group Berhad, formerly Eastland Equity Bhd., is a Malyaia-based investment holding company. The Company's segments include Investment properties, Leasing & financing, Hospitality, Investment holding, Property development and Others. The Company's portfolio includes property development in Kelantan, The Grand Renai Hotel, shopping complex and condominium. The Grand Renai Kota Bharu is located in the heart of Kota Bharu's commercial and shopping district and approximately 12 kilometers from Sultan Ismail Petra Airport. It has approximately 298 rooms and provides international services and facilities. The Company's project is a township development named Bandar Tasek Raja situated in Pasir Mas, Kelantan. The Grand Renai Hotel are the Kota Sri Mutiara shopping complex and a Mutiara Tower condominium.

Discussions
6 people like this. Showing 50 of 1,407 comments

SBcoffee

Public invest TA was right, I think can push further up

2 weeks ago

TaiMeiLi

@Nieto9. Don't dodge it and tell us what kind of trouble you're referring to

2 weeks ago

LeverageLuminary

Meta Bright bags equipment leasing contract from Australian copper mining firm

https://theedgemalaysia.com/node/709214

2 weeks ago

LeverageLuminary

Another contract in, ez rebound to 0.20

2 weeks ago

OptionOracle

that's really a good news. Mbright expects to earn A$222,950 (approximately RM694k) in rental income per month by leasing the equipment to Australian company

2 weeks ago

VentureVoyage

Support move back up to 0.16 again, congrats for new contract

2 weeks ago

Nieto9

Can say like that, TaiMeiLi. You know I know. Malaysia Boleh 😆😆

2 weeks ago

loonisback

after clear 0.165 big wall then can move upwards to 0.20 la

2 weeks ago

GeraiRamlyburger

Based on the assumed acquisition price of A$8 million for the equipment, it is anticipated to contribute a total monthly rental of A$222,950, the group said.

The leasing agreement most likely will be approve

1 week ago

Thealanor

confirm approve... Mbright shining bright like a diamond

1 week ago

TaiMeiLi

@Nieto9. Got you man. Got you 😂

1 week ago

OptionOracle

brighter future for Mbright 🌞🌞
# It's still a discounted price currently

1 week ago

Mar2083

Potentially may test 20sen next week
Huat ar

1 week ago

Nieto9

Haha, anyway, it's time for Mbright to show an uptrend movement

1 week ago

SBcoffee

MBRIGHT rest at 0.155 for now,, wait for breakout signal first

1 week ago

OptionOracle

Great news, Meta Bright wholly-owned Australian subsidiary, Meta Bright Sdn Bhd, has secured financing facilities totalling RM28mil from AmBank (M) Bhd

1 week ago

Liquidheart

The funds will be channelled to purchasing high-value equipment for Meta Bright Australia Pty Ltd, which has recently entered into the third leasing contract with Mt Cuthbert Resources Pty Ltd (MCR), a move set to solidify MBGB's presence in the international market and ensure a steady stream of recurring income, estimated at A$222,950 (about RM691,657.78) a month.

1 week ago

Liquidheart

Actually impressive for MBRIGHT to get financing from ambank in such a short period.

1 week ago

Mar2083

Hope can goreng up tomorrow

1 week ago

TaiMeiLi

No goreng sign today ... then wait it to move up slowly day by day

1 week ago

loonisback

another green day, Mbright engine is warming up

1 week ago

LeverageLuminary

MBRIGHT steady mah, get financing sure ez

1 week ago

Nieto9

Meta bright really has a bright future. Now it will have a steady stream of recurring income from the equipment leasing contract

1 week ago

OptionOracle

It certainly has bright future and I believe it will continue to generate revenue of over RM10 million every quarter

1 week ago

VentureVoyage

Some positive news to break the ice this week, is this the signal to 0.20?

1 week ago

Nieto9

@OptionOracle. We'll find out by the end of this month 🙂

1 week ago

GeraiRamlyburger

if maintain around 16 sen then maybe uptrend signal will pop out

1 week ago

Thealanor

The mining industry itself is projected to grow at a CAGR of 11.3% from 2023 to 2025, actually a good business for Mbright to venture to it

6 days ago

seesea

n. week touch .185

6 days ago

SBcoffee

if break 0.16 then can touch la, so far so good

6 days ago

TaiMeiLi

Don’t forget Mbright also owns the hotel business, which will generate significant revenue this year thanks to the booming tourism industry

6 days ago

Nieto9

Yea, Malaysia's tourism rate is very hot recently

https://www.malaysiakini.com/news/704092

6 days ago

Mar2083

If can break 0.165 then potentially may test 20sen

4 days ago

OptionOracle

Trading volume is building up gradually. Dnt worry, it will definitely break 16.5 cents in due time

3 days ago

loonisback

Slowly clear the wall first l then got chance to move upwards

3 days ago

Liquidheart

no problemo, continue to monitor Mbright until 20sen

3 days ago

TaiMeiLi

Mbright will shoot up when it presents excellent QR. Be patient and hold on tight 😉

3 days ago

GeraiRamlyburger

All green light are here, 0.20 is inevitable

2 days ago

Nieto9

Having a diverse business like Mbright will continue to deliver us excellent quarterly results

2 days ago

VentureVoyage

Support pull back down again, wait for trend reversal then can move to 0.20

2 days ago

TaiMeiLi

Probably it will be hovering at 15 - 15.5 cents for the time being before its QR is out ..

2 days ago

Thealanor

consolidating month is coming.... stay alert & monitor

1 day ago

Liquidheart

Hover at 15sen is actually not bad, time to push it up

1 day ago

Nieto9

Anyway, Mbright is expected to generate substantial monthly recurring rental income, estimated at about RM691,657.78

17 hours ago

Nieto9

and bolster up its presence in the Australian market too with the contract it received from Australian copper mining company

17 hours ago

SBcoffee

Take a sip of cofee & relax....rebound+breakout is coming for Meta Bright....

9 hours ago

OptionOracle

yeah, this will significantly increase the company's revenue in FY24 and beyond

9 hours ago

LeverageLuminary

I predict there is gonna be more leasing contract coming

7 hours ago

TaiMeiLi

It has initiated operational phase of solar project. Perhaps next contract will be solar power related

7 hours ago

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