Highlights
KLSE: FACBIND (2984)       FACB INDUSTRIES INC BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
1.28   +0.02 (1.59%)  1.24 - 1.28  11,000
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Overview

Market Cap: 109 Million
NOSH: 85 Million
Avg Volume (4 weeks):14,575
4 Weeks Range:1.10 - 1.30
4 Weeks Price Volatility (%):
90.00%
52 Weeks Range:1.05 - 1.64
52 Weeks Price Volatility (%):
38.98%
Average Price Target: 1.37
Price Target Upside/Downside: +0.09

Financial Highlight

Latest Quarter | Ann. Date 30-Sep-2018 [#1]  |  21-Nov-2018
Next QR | Est. Ann. Date: 31-Dec-2018  |  26-Feb-2019
T4Q P/E | EY: -35.38  |  -2.83%
T4Q DY | Payout %: 3.08%  |  - %
T4Q NAPS | P/NAPS: 2.5314  |  0.51
T4Q NP Margin | ROE: -6.49%  |  -1.43%

Headlines



No recent Headlines for this stock.


Business Background

FACB Industries Inc Bhd is an investment holding company. The Company through its subsidiaries is in manufacturing and sale of stainless steel butt-weld fittings, mattresses, bedding related products and furniture and investments in China. The Group comprises the following three reportable operating segments: Bedding; Steel Manufacturing and Other operations. Bedding is involved in manufacturing and marketing of mattresses, bedding related products and furniture. Steel manufacturing manufactures and sale of stainless steel butt-weld fittings. Other operations is an investment holding, provision of management and secretarial services and production and marketing of electric power and steam.
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  3 people like this.
 
prudentinvestor Market cap only RM108 million but net cash more than RM155 million and available for sale investment worth over RM20 million. No logic.
30/04/2017 17:40
noah Profit increase 8645% yoy !!!
24/05/2017 18:13
firehawk tomorrow can?
24/05/2017 23:15
truthseeker516 what's the reason that revenue no change much but profit increase so much ?
25/05/2017 00:12
paperplane Smart accounting
25/05/2017 00:15
noah does not make sense at all why the management did not privatize this company.
net cash alone exceeds the market cap.

if you want a net-net company, this is the one.
but the boss have history of ripping minorities off like KBUNAI and PTGTIN.
25/05/2017 14:38
firehawk Very black heart one ....
30/05/2017 16:42
prudentinvestor Long forgotten jewel. Hope someone will discover it one day.
01/06/2017 17:04
paperplane wow. 1.27, 27% from RM1 2 years ago. still consider good. Value trap also can work? ahaha
01/06/2017 17:26
prudentinvestor Apart from making 5.3 million or 6.32 sen a share from business operations, the value of its available for sale investments also increased by 6.8 million or 8 sen a share and its NTA increased by 11 sen.
01/06/2017 20:50
Fabien Extraordinaire Net cash per share alone is RM1.86
02/06/2017 11:15
prudentinvestor Its available for sale investment, namely 339 million KBunai shares is worth another RM23.73 million or 28 sen a share.
02/06/2017 12:04
firehawk salted fish re-alive loh ....
02/06/2017 22:57
stockraider Paperlane brother....potential privatization mah...!!
02/06/2017 22:59
prudentinvestor Highest in more than two and a half years. Further rises expected. Have been in the doldrums for far too long.
14/06/2017 12:35
jeff888 patience pay
14/06/2017 12:53
firehawk manipulate market price very much .... :-(
15/06/2017 09:22
taitaumau Based on my observation, this big smart boy has been patiently accumulating this counter since early march.
15/06/2017 11:23
Angeline zzzzz today。
15/06/2017 15:45
firehawk the bstd never fail to disappoint shareholders ....
22/06/2017 01:00
paoblocrk Wonder who knows what is this "Higher other income was primarily due to incentives received by the associates in Jiangyin." Aparently this contribution of associates profit contribute around 5mil to the group result.....
23/06/2017 11:02
prudentinvestor Don't really know what kind of tricks he has up his sleeve. Since Facbind is so much undervalued, the most logical thing to do is to use some of its spare cash to buy its own shares in the open market.. Only around 55 million shares are in the hands of small shareholders and shareholders who are not associated with the Directors. Just RM 71.5 million, or less than half of its total cash reserve is sufficient to buy up all these shares at RM 1.30.The company directors aren't working for the interest of the company.
25/06/2017 15:40
Fabien Extraordinaire this is a typical example of value trap as management does nothing to create value and there's lack of price catalyst. hidden value in this company is for everyone to see...its net cash per share is 40% more than the share price.
04/07/2017 16:42
Fabien Extraordinaire Net cash per share alone is RM1.86. I will repeat this over and over again.....
13/07/2017 17:08
Kinz Same situation for 4 year d . Price from 1.4+ to 0.90 and to today price . Company profit also gain from FD interest only .
13/07/2017 17:23
firehawk Peaking ....
22/07/2017 09:09
prudentinvestor Just a quarter way through a slow and long climb to its deserved position.
23/07/2017 15:41
firehawk Q earning NG but give dividend 4 sen ....
23/08/2017 17:32
prudentinvestor Highest closing price in more than three years. Rosy days probably lie ahead.
15/09/2017 09:38
taitaumau I wonder whether an imminent storm is brewing.......
13/10/2017 15:46
prudentinvestor Slowly creeping up over the past several months without being noticed by small investors. Privatization probably in the pipeline.
13/10/2017 15:56
taitaumau Will this big boy make closing price 2 bids down?
13/10/2017 16:38
shareinvestor88 Another similar company is FLB flushed with cash 123m. No debt.
05/11/2017 07:54
prudentinvestor Facbind has RM163 million cash or 191 sen per share. It has available for sale investments (more than 300 million Karambunai shares) worth another RM20 million.
23/11/2017 11:30
Angel of KLSE 大马股仙 why nobody talking this counter recently? The edge recommend buy, you know or not? not interested in this counter?
12/01/2018 13:25
FAIRnREASONABLE 1.56 today
26/01/2018 17:35
Angel of KLSE 大马股仙 rocket engine start today
26/01/2018 18:31
investor1458 How high can fly ?
27/01/2018 16:59
prudentinvestor 2000m high.
29/01/2018 11:51
prudentinvestor Facbind's cash has gone up to RM 167 million in its latest quarterly report. At 8 sen a share, its 339 million Karambunai shares are worth another RM 27.1 million. Cash + shares are already worth RM 2.28 per share.
27/02/2018 16:49
Koh Chin Lai Expect RM2.50 by year end
27/02/2018 21:21
funitec cash buy CASH.Nice.
17/04/2018 16:06
Jasper Coo letgo
17/04/2018 16:21
Kohcl8 Time to buy now
16/01/2019 22:28
Kohcl8 It’s mcving , time to enter
24/01/2019 19:15
Kohcl8 It’s moving now,buy now
14/02/2019 13:18
prudentinvestor If the company directors do not know what to do with it's over RM 150 million cash pile, just distribute the money to the minority shareholders as dividend and let them decide what to do with their money.
14/02/2019 18:00
Kohcl8 Maybe something is cooking and major trigger will happen
14/02/2019 20:08
cherry88 Based on latest financial data as at 30Sep, its CASH per share stood at RM1.77 ! If you include their quoted shares and bond (total RM38.8mil), its CASH and CASH EQUIVALENT per share goes to RM2.30 !! This company has no borrowings. they are doing the "Dreamland" mattress. Most of you may buy this product before.
Subject to privatization, and possible at RM2.30 (against its Net Asset of RM2.57 per share). At current price of RM1.20, you are buying at RM1.20 in exchange to cash in the company for RM2.30.
15/02/2019 09:17
Kohcl8 I would presume that the boss is consolidating his asset and may have take private or reverse take over
16/02/2019 09:39


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