Highlights
KLSE: FAVCO (7229)       FAVELLE FAVCO BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
2.26   -0.05 (2.16%)  2.25 - 2.32  4,100
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Overview

Market Cap: 500 Million
NOSH: 221 Million
Avg Volume (4 weeks):46,478
4 Weeks Range:2.20 - 2.36
4 Weeks Price Volatility (%):
37.50%
52 Weeks Range:2.20 - 2.85
52 Weeks Price Volatility (%):
9.23%
Average Price Target: 2.92
Price Target Upside/Downside: +0.66
Stamp duty exempted for year 2018

Financial Highlight

Latest Quarter | Ann. Date 30-Sep-2018 [#3]  |  27-Nov-2018
Next QR | Est. Ann. Date: 31-Dec-2018  |  27-Feb-2019
T4Q P/E | EY: 9.35  |  10.70%
T4Q DY | Payout %: 5.97%  |  55.83%
T4Q NAPS | P/NAPS: 3.0099  |  0.75
T4Q NP Margin | ROE: 12.43%  |  8.03%

Headlines

Date Subject
28-Nov-2018 Favelle Favco - Earnings Boosted by Intelligent Automation
28-Nov-2018 [转贴] 5分钟看懂 FAVCO(7229) 2018年 Q3季报 ~ 第一天
31-Oct-2018 辉高 新订单符合预测
30-Oct-2018 Favelle Favco Berhad - First Slew of Orders Secured for the Year
29-Aug-2018 Favelle Favco - Earnings Within Estimates
07-Aug-2018 [转贴] 200MA之肥膏突破点? ~ 第一天
27-Jul-2018 Favelle Favco Berhad - Earnings Prospect Intact
27-Jun-2018 [转贴] 肥膏 FAVCO 股东大会 26-06-2018 @ Concorde Hotel Shah Alam ~ 第一天
18-Jun-2018 Technical Analysis - Favelle Favco
28-May-2018 Favelle Favco - Earnings Within Estimates
03-May-2018 [转贴] 5分钟看懂FAVCO 2017年报重点 - 第一天
28-Apr-2018 FAVCO @ 27th April 2018 - oldfriendsinvesting
17-Apr-2018 [TRV] FAVCO - Growing through acquisition
28-Feb-2018 Favelle Favco - Earnings Buoyed By Firm Orderbook
28-Feb-2018 [转贴] 5分钟看懂 FAVCO(7229) Q4 2017季报 - 第一天
12-Jan-2018 M+ Online Technical Focus - 12 Jan 2018
12-Jan-2018 Daily Market Update - 12 Jan 2018 (EMETALL, FAVCO)

Business Background

Favelle Favco Bhd was incorporated in Malaysia. The Company is an investment holding company. The Company manufactures cranes. Its product line consists of heavy lift Offshore, Tower, Wharf Crawler Cranes and Marine Winches. The Company also has a total lifting solution.
Trade this stock for as low as 0.05% brokerage. Find out more.

  4 people like this.
 
2721 thx for the 5cts up!
12/10/2017 18:34
tealeaf collect in low...wait for O&G recovery....... duno how long the wait....at least favco not those alibaba co
29/10/2017 10:57
2721 oil $60++ up!!
30/10/2017 18:33
Patrick13 Decent result. Nothing can comment much. Pls keep it up!
23/11/2017 23:30
milo8888 http://www.constructionweekonline.com/article-47091-site-visit-icd-brookfield-place-downtown-dubai/1/
14/12/2017 04:45
Shichimi Togarashi Wow drop to 2.51
20/12/2017 09:23
Johnmajor Good for those who wants to accumulate more. Opportunity for those who haven't bought.
20/12/2017 11:24
Patrick13 Window dressing?
29/12/2017 16:52
Davidl Time to accumulate!
03/01/2018 13:43
Patrick13 Proposed acquisition of companies extended for another 2 months.

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

We refer to the announcement dated 5 October 2017 in relation to the above.

The Board of Directors of the Company wishes to announce that the Parties to the HOA had on 4 January 2018 mutually agreed to extend the HOA for a further period of two (2) months to 4 March 2018 to facilitate the finalisation of the detailed terms and conditions in relation to the Proposed Acquisition.

Other than the aforementioned, all other terms stated in the HOA remain unchanged.

This announcement is dated 4 January 2018.
05/01/2018 08:07
Davidl I wonder how market react to the above news!
05/01/2018 09:17
Davidl Time to accumulate!
08/01/2018 17:12
zero Going into MRO, probably with an eye on SERBADK's recent success?
23/01/2018 01:58
Patrick13 With the upcoming possible good QR, at least 15 sen final dividend proposed and acquisition of companies completed by 4 March, Favco share prices could climb further higher.
22/02/2018 10:34
HEIM2016 devinden $135
27/02/2018 21:23
2721 y delay again @@
02/03/2018 18:19
Fabien Extraordinaire Bought some Favco. Lock in 5.6% yield.

Times like this require strategy to buy cash rich companies.
26/04/2018 16:52
jeannie still can buy ??
18/05/2018 13:38
able horrible quarter result
25/05/2018 20:01
tyj1299 Crane business probably is in the bottom of the cycle, since 2013. Even though the quarter result isn't well, as long as the company is well managed, efficient in allocating its resources and low gearing, it can withstand hardship and have the endurance to thrive the sector recovers.

As you can see, Singapore's Tat Hong (crane leasing business) is having privatization, the insiders understand the business better than we do. I don't know when would be sector be recover nor optimistic on this, but this would be a good signal to be contrarian.
30/05/2018 10:49
Livermore what's up?
14/06/2018 11:57
2721 finally the deal is done ^^
03/07/2018 17:50
George NG waiting about half year for this acquisition
03/07/2018 21:02
allenroy good divident....
19/07/2018 10:46
Thomas Chua Here's what you need to know about Favelle Favco..
http://www.stocksinsights.com/key-insights-favco/
05/08/2018 00:04
Patrick13 Sold at 2.67 to free up capital.
24/08/2018 15:08
Vincent_8316 QR no good?
No buying power?
28/08/2018 14:57
2721 weird result, no new order, kena dump
29/08/2018 11:14
Livermore chance to buy bck :)
29/08/2018 12:11
Patrick13 Bought back again at 2.58
03/09/2018 16:44
shgyap5675 Dividend 13.5 cents
06/09/2018 16:44
Cockroach Paul Lee why drop so much?
sunset industry?
bought 2.49 (close 2.42) kanasai...hahaha
06/09/2018 17:24
shpg22 Just don't understand how it can go up when both revenue and PATMI is in free fall. Expect dividend to drop to 8.00 cents for FY18 as FCF turned negative.
06/09/2018 17:46
Cockroach Paul Lee copy
INVESTMENT HIGHLIGHTS
Favelle Favco’s 2QFY18 reported earnings declined - 43.5%yoy to RM7.3m
Normalised earnings excluding exceptional items within estimates at RM20.5m
Current orderbook at RM427m as at 23 August 2018
Bulk of the orderbook from various product segments
Maintain BUY with a revised target price of RM2.93
_____________________________________________

TP 2.93 ?
ok la...... dont worry ,be happy.
haha
07/09/2018 00:54
Patrick13 Are you seriously read though Favco QRs?

Though revenue drop due to lower order books on hand, but bottom line still perform well.
1H18 PBT is seriously affected by forex loss and impairment loss. 1H18 PBT: 19,180 add back forex loss (8,718) and impairment loss (4,499) = 32,396
1H17 PBT: 37,823 minus forex gain (6,128) = 31,695

FCF turns negative is bcoz heavy CAPEX of 35mil in the 1H18 versus 7mil in 1H17. Once Favco completed the acquisition of new subsi, FCF this year sure negative but it won't affect their dividend payout bcoz this is the main source of income to their parent holder, Muhibbah Engineering.

shpg22 Just don't understand how it can go up when both revenue and PATMI is in free fall. Expect dividend to drop to 8.00 cents for FY18 as FCF turned negative.
06/09/2018 17:46
07/09/2018 08:04
Cockroach Paul Lee @patrick13
favco buy what company?
FCF turns negative is bcoz heavy CAPEX of 35mil ( what kind of job favco planning to do?)
i'm new here , wanna know more...thanks
07/09/2018 09:56
Ben Son Sow favco acquired 4 company(Exact Automation Sdn Bhd, Sedia Teguh Sdn Bhd, Exact Analytical Sdn Bhd and Exact Oil & Gas Sdn Bhd),with profit estimation of 20mil/per year...they have 70% stake of those company which mean at least 14mil profit per year.The acquisition just completed end of june 2018 and announced in early july 2018...so next quarter report should have contribution from this newly acquire business. U may google it to find the relevant news.
07/09/2018 18:51
Johnmajor buy on price weakness. don't miss the opportunity to collect.
07/09/2018 22:35
Cockroach Paul Lee Favco 2.25 hit new low!
Oil n gas sector recovering...
acquired new companies...
all in la !
08/09/2018 00:51
Lim Tek Wai Looks good to buy,profit incoming.....
19/09/2018 14:04
Lim Tek Wai Nice ! Start taking profit, thanks.
19/09/2018 14:05
Livermore it show " low " due to ex dividend adjustment
19/09/2018 14:14
Patrick13 Dividend received today. Thks Favco!
24/09/2018 19:03
Cockroach Paul Lee Dividend received today. Thks Favco! x2
26/09/2018 17:31
Patrick13 http://malaysiastock.biz/Company-Announcement.aspx?id=1096200
30/10/2018 17:24
shpg22 FCF turns negative is bcoz heavy CAPEX of 35mil in the 1H18 versus 7mil in 1H17. Once Favco completed the acquisition of new subsi, FCF this year sure negative but it won't affect their dividend payout bcoz this is the main source of income to their parent holder, Muhibbah Engineering.

Even without capex, its operating cash flow alone already turned negative. This will affect the dividend payout. I expect it to be reduced from FY17 13.50 to 8.00 in FY18.
31/10/2018 01:24
Johnmajor Good time to buy!
19/11/2018 10:12
Ben Son Sow Good result...finally
28/11/2018 08:09
Tchaileng83 Yeah~~good result
28/11/2018 10:23
Vincent_8316 but share price no move!!!
04/12/2018 15:49


 

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