Highlights
KLSE: FAVCO (7229)       FAVELLE FAVCO BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
2.30   -0.02 (0.86%)  2.29 - 2.34  488,500
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Change in Risk Committee

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  4 people like this.
 
cjm5555 I dun care. I'll hold even no dividend :<
07/07/2020 4:02 PM
Hoo SH KK ..if u dont know, pls dont put useless word ,helpless to contribute here...
08/07/2020 12:08 PM
Hoo SH CJM ...the 15 c of dividend is expected on July-Aug...the AGM is predicted on Aug or Sep...waiting the 15 c within a month...
08/07/2020 12:10 PM
CatchThe Bull Low volume but steady counter.
11/07/2020 1:06 PM
stteck The company, Marr Contracting, used the Favelle Favco tower crane earlier this month to undertake the 155-tonne lift – claimed to be the world’s heaviest tower crane lift – at a height of 318 metres for the towers of the 1915 Çanakkale Bridge, under construction in Turkey.
11/07/2020 5:14 PM
CatchThe Bull @stteck, where is the source of this news?
14/07/2020 10:08 AM
stteck record-lift-takes-place-on-record-breaking-bridge

@the bull, please google the above to enter the webpage
15/07/2020 8:55 PM
XiuyyXiong SHARE BUY BACK ?
30/07/2020 2:25 PM
Patrick13 Top up at 2.21.
01/08/2020 4:24 PM
Johnmajor is a gem!
06/08/2020 5:41 PM
hng33 bought favco at 2.03-2.05
11/08/2020 12:28 PM
XiuyyXiong Sold all 2.05. unable to wait dividend..Lol. lost
11/08/2020 3:16 PM
XiuyyXiong Noticed huge selling volume at 2.10 price. 100k units plus. 2 traders... Good luck. Will come back when div announced. Lol.
11/08/2020 3:45 PM
hng33 Favco is expect to declare dividend 15sen within these week, dividend yield > 7%
11/08/2020 5:09 PM
XiuyyXiong OK. I also emailed them and they reply will announce this week. Good luck guys
12/08/2020 10:44 AM
XiuyyXiong Kindly wait for our official announcement soon expected by this week.



Best regards,
Michael Chan
Senior Finance and Investor Relations Manager
Tel: (DL) + 603 3376 2530 (HP) +6016 3116 929
12/08/2020 10:46 AM
hng33 Favco will announce notice of AGM and dividend entitlement date today as AGM is scheduled by 10 of Sept, notice must announce 3 week before excluding weekend
12/08/2020 2:09 PM
value_invest Hng33
When is the expected ex date for the dividend Rm 0.15 ?
13/08/2020 1:57 PM
hng33 I just notice current FD rate is just 1.6%. Favco dividend 15sen, yield at 7.3% is just too attractive return for company with net cash position. I expect Favco will announce entitlement date of dividend 15sen as soon it secure AGM approval from shareholder on 10 Sept.
14/08/2020 6:48 PM
stockraider Correct mah

Dividend so high, just buy lah....!!

Posted by hng33 > Aug 14, 2020 6:48 PM | Report Abuse

I just notice current FD rate is just 1.6%. Favco dividend 15sen, yield at 7.3% is just too attractive return for company with net cash position. I expect Favco will announce entitlement date of dividend 15sen as soon it secure AGM approval from shareholder on 10 Sept.
14/08/2020 8:23 PM
cjm5555 Heheheh, what if not approved :P
19/08/2020 6:09 PM
gohku This is a very resilience company, very low risk the dividend will be rejected, furthermore it has high net cash and the owner will also benefit from the high dividend payout.

Should buy to diversify your fixed deposits which have low yield.
20/08/2020 12:36 PM
Johnmajor Favco is worth at least RM2.80. But now with 40% upside plus minimum 5% dividend. Is a gem!
23/08/2020 4:53 PM
XiuyyXiong Maybe got dividend but less. RM0.06. after that favco will activate share buy back to stabilise the price. Good luck guys.
24/08/2020 11:37 AM
tcperng22 Look like the price going down trend...
26/08/2020 3:42 PM
XiuyyXiong If the big seller que the price at higher than 2.10. only the price will go up.
27/08/2020 9:47 AM
XiuyyXiong good news coming ? slowly up. time to reenter this stock.
02/09/2020 3:23 PM
cjm5555 Slowly up, steady
02/09/2020 5:10 PM
hng33 AGM coming, date of dividend 15sen entitlement will be announce soon
08/09/2020 4:36 PM
XiuyyXiong APPROVED rm0.15 dividend ! and activated shares buy back ! better invest here.
10/09/2020 6:27 PM
Jarklp Can't understand why they have to wait till Nov .... #&$^%^$. They paid dividend in July last year.
10/09/2020 8:42 PM
SureHuat the dividend yield is 7 percent.
10/09/2020 9:30 PM
cjm5555 I think dividend in Nov is because stakeholders need time to accumulate tickets, at the same time provide time for share buy back to reduce the cash needed for dividend payout.

As a supportive shareholder, I'll not spread this news widely or push up the price as the share buy back should be done at lowest price to benefit the most. Let all the company actions to be carried out silently. For investing, patience is virtue.

Disclaimer: No buy/sell call
11/09/2020 9:29 AM
cjm5555 Many shareholders like to fight with the company they are investing, declining the company's management actions and decisions. I don't like that happening here.
11/09/2020 9:34 AM
Dakewlest Waiting for the right price to buy...
11/09/2020 9:56 AM
BabyAce This is one of the few reliable dividend counters in Bursa.
11/09/2020 5:24 PM
humongainz for any rich aunties/unkers, this is what u want in ur portfolio
12/09/2020 4:19 PM
BabyAce Rich uncle aunty always think of BAT only lar...haha
12/09/2020 7:02 PM
hng33 sold favco at 2.28-2.30
15/09/2020 3:35 PM
humongainz @hng33 this is dividend stock worr.. You need the funds?
15/09/2020 3:35 PM
XiuyyXiong regret sold some too early. lol. buying back later.
17/09/2020 9:04 AM
tcperng22 Already get 2 x of deviden RM2.38 - RM 2.02... upfront get deviden RM0.36...Today sold all RM2.35 -RM2.38
18/09/2020 1:17 AM
cjm5555 I'll kept this in my fridge, never open again, just collect dividend from it. :P
18/09/2020 3:18 PM
cccthierry https://www.theedgemarkets.com/article/favelle-favco-clinches-purchase-orders-totalling-rm561m
23/09/2020 9:04 PM
cccthierry https://www.thestar.com.my/business/business-news/2020/09/24/favelle-bags-three-contracts
24/09/2020 9:39 AM
cccthierry https://www.theedgemarkets.com/article/steady-crane-orders-sustain-favelle-favco-earnings-%E2%80%94-midf-research
24/09/2020 11:26 AM
BATFLY 7%dividend plus fundamentally strong. But EPS seems deteriorating maybe due to MCO..
25/09/2020 1:58 PM
yapnewbie Hi. Will the share drop immediately once collected the dividend? So have to hold first even after collect dividend?
21/10/2020 11:05 PM
XiuyyXiong The share price will drop and favco will activates shares buy back. So keep some cash to buy in more later.
22/10/2020 8:52 PM
yapnewbie Thank you!
23/10/2020 6:39 PM


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