pjseowPublic invest projected 250million earning per year from Don Sahong power plant
05/03/2020 12:12 PM
bluelightThanks @Steel and pjseow Hope the dry season impact will be minimum, profit should >250m All three business divisions provide stable recurrent profit Any idea for their new venture into solar?
leong1188Haha.. How come the share price rebounded stronger and stronger when the sour grapes here keep calling for sell? It has rebounded nearly 31% over the last one week. As the higher dividend of 30sen/year going to distribute every year for the next 25 years, the dividend yield is 7.1% currently. I can't see any reason why it should drop further.
Even the top management also started adding more share when it was around RM3.20 level.
26/03/2020 1:06 PM
pjseowThe mfcb prices was depressed by the warrant prices ..Many warrant holders do not have the money to convert or decided not to convert by quickly.sell.off the shares last week or before last week because the last trading days for warrant was 23rd march. When.the prices of warrant was pushed down by many sellers , the mother shares also drop correspondingly . When the warrant stop trading, the mother shares moved up immediately since then.. Total the total increase for the last 3 days is one ringgit or 31 % of 3.20, closing price on. 23rd march
MervynA disgrace to those sour grape who always take advantage to bad mouth this company without having a thorough studies. When the share price rally, all remained quiet. The power plant has been running since beginning of the year. The risk is relatively low with clear and steady earnings visibility.
27/03/2020 6:27 PM
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