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3 days ago | Report Abuse
El nino effect will increase demand and the price of palm oil as well
3 days ago | Report Abuse
Kenanga like MAHSING for: (i) its efforts to keep its net gearing ratio in check, with a 3QFY23 reading of 0.13x being the lowest since creeping up to 0.34x in 2QFY22, (ii) lifestyle-focused products to provide ease of entry for first-time home buyers, and (iii) sound land bank management and turnaround which minimises carrying costs.
1 week ago | Report Abuse
i guess it's fine and they might do it for fy2024 as palm oil market is going to have positive outlook next year. https://theedgemalaysia.com/node/692125
1 week ago | Report Abuse
...Thought they will declare dividend when they announced QR
1 week ago | Report Abuse
Of course MBL will still make profits and I guess they will make more than RM3 mil in net profits 🙂
2 weeks ago | Report Abuse
I estimate that MBL can generate more than Rm3 mil of net profits in q3
2 weeks ago | Report Abuse
quiet going up before Q3 result is out?
2 weeks ago | Report Abuse
good Q1 result but share price still hanging around 2.12 there. ha
3 weeks ago | Report Abuse
MBL probably will move up end of this month ; )
3 weeks ago | Report Abuse
It will hang around at 0.84 there before its q3 is out this month end I think..
4 weeks ago | Report Abuse
MBL still a cash rich company despite of that levy
1 month ago | Report Abuse
end of this month I guess, like 28 or 29 Nov
1 month ago | Report Abuse
Property counter goes up today. Is it because of strong MYR?
1 month ago | Report Abuse
its q3 is going to be released this month, let's look forward to it 😀
1 month ago | Report Abuse
Tap in a bit at 61 cents as expect it will deliver good q3
1 month ago | Report Abuse
not gonna happen for it to dip below 0.40 as MBL is going to show us excellent qr next month
1 month ago | Report Abuse
Queuing at 45.5 cents to tap in a bit again 🤓
1 month ago | Report Abuse
One of the good catalyst: Mah Sing on track to achieve 2023 property sales target of RM2.2 billion
https://theedgemalaysia.com/node/687198
1 month ago | Report Abuse
It seems like 61 cents is a great deal for accumulation 😃
1 month ago | Report Abuse
cheap sale and lelong sale at 47 cents and you don't wanna miss it
1 month ago | Report Abuse
El Nino phenomenon will further boost the CPO price and the demand of palm oil
1 month ago | Report Abuse
Declare 2.4 cents of dividend, highest one so far !
1 month ago | Report Abuse
Don't forget MBL is traded almost 50% lower than its current NTA (0.93 cents). Lelong price still
1 month ago | Report Abuse
P/E for UEMS is much more higher than Mahsing. Pick Mahsing better
1 month ago | Report Abuse
keep calm, hektar is still moving steadily above 60 cents and we are going to receive great dividend next Monday
1 month ago | Report Abuse
prepare to chip in when it reaches Rm2 and below ...
1 month ago | Report Abuse
MBL certainly is undervalued now, especially given the looming El Nino-driven palm oil trends
https://www.cbsnews.com/news/el-nino-continue-spring-2024-forecast-climate-predict-noaa-national-weather-service/
2022-12-14 15:05 | Report Abuse
gonna be more ppl visiting shopping mall during end of year, it will surpass Q3 result
2022-12-07 15:42 | Report Abuse
revenue are going to keep on increasing with inflation happening around, we shall see if my prediction is correct in the future
2022-12-02 17:56 | Report Abuse
Shopping mall reits are among those strongly rebound after covid fiasco, no surprise this one is recovering.....
2022-12-01 16:43 | Report Abuse
the revenue jump, most likely because increased rental income, including higher turnover rent, increased car park income and higher hotel rates, boleh lahhh perfoming good job
2022-11-30 17:17 | Report Abuse
The group's revenue rose to RM19.46bil, 45.34% improved year-on-year (y-o-y).
Despite the year-to-date earnings growth, the group's 3Q net profit was 39.4% lower y-o-y at RM241.67mil due to losses incurred in the sugar sector and lower CPO and processed palm oil sales volume in the plantation sector.
The group's revenue was 16.3% higher y-o-y at RM6.18bil on the back of the higher average CPO prices realised.
2022-11-30 17:17 | Report Abuse
"Our improved operating performance for 9M FY2022 is mainly attributed to higher palm product margins due to higher CPO price realised and higher throughput and tonnage carried by the Logistic Sector," said FGV group CEO Datuk Nazrul Mansor in a statement.
For the nine months ended Sept 30, 2022, FGV recorded a net profit of RM984.93mil, a 40.15% increase over the same period in 2021.
Earnings per share for the three quarters was 27 sen, up from 19.26 sen in the 9MFY21.
2022-11-30 17:17 | Report Abuse
FGV Holdings Bhd is expecting to close out 2022 with a strong annual result on the back of improvements in its operating performance.
According to the plantations group, the sector is expected to remain resilient in 4QFY22 with a flat crude palm oil (CPO) production projection of 18.3 million tonnes.
It added that CPO prices are expected to average about RM4,000 per tonne in the final quarter despite increased supply from seasonally higher fresh fruit bunch (FFB) output as well as stockpiles in exporting countries such as Indonesia.
2022-11-30 17:16 | Report Abuse
On future plans, Leong said the group plans to launch M Astra in Setapak by 4Q22, while our upcoming developments to be launched include M Nova in Kepong, Phase 3 of M Senyum in Salak Tinggi, Phase 1B of M Panora in Rawang and Meridin East (Jasmine and Erica West) in Johor Bahru.
"We believe now is still a good time for first-time homebuyers to purchase as buying property is the best hedge against inflation and out products are mainly for customers who are buying for own stay," he added.
The group's balance sheet improved with net gearing at a new low of 0.27 times as at Sept 30, 2022.
Mah Sing has a remaining landbank of 1,916.73 acres with a remaining gross development value of RM21.12bil.
2022-11-30 17:16 | Report Abuse
For the nine months period, Mah Sing posted a net profit of RM133.27mil, up from RM120.85mil in the same period in 2021. Earnings per share was 4.57 sen versus 3.86 sen in 9MFY21.
Revenue rose to RM1.65bil as compared with RM1.22bil in the comparative period.
By segment, the property development business recorded an operating profit of RM247.5mil on the back of revenue of RM1.3bil, which represented increases of 30.8% and 41.3% year-on-year respectively.
2022-11-30 17:16 | Report Abuse
Mah Sing Bhd recorded a 32% increase in property sales in the nine months to Sept 30, 2022, which shored up the property developer's revenue and bottomline for the period.
In a statement, the group said its property sales of RM1.69bil, compared with RM1.28bil in the same period las year, was mainly owing to new launches and ongoing projects under its M Series affordable development.
"The strategic focus on M Series affordable developments in recent years has positioned the group well to capture the resilient first-home buyers' market.
2022-11-30 16:56 | Report Abuse
keep accumulate for the gain and also their mouth watering dividend
2022-11-30 16:56 | Report Abuse
too soon to say Rm1, well now keep test 0.7 first, chance is very likely
2022-11-29 17:23 | Report Abuse
road to 0.80, hold tight for a better price out, good stuff only for the patient one
2022-11-25 16:10 | Report Abuse
now everyone got hope, even Friday today oso can feel something is different :)
Stock: [MBL]: MUAR BAN LEE GROUP BERHAD
3 days ago | Report Abuse
https://www.nationthailand.com/world/asia-pacific/40032678