Any good news from analysts.?

In any case, borrowing is cheap and shareholder fund is expensive. Almost all companies have borrowing in order to reduce the average cost of capital and make the capital structure cost effective. If companies need to have nett cash in their balance sheet in order to pay dividend, 99% of companies won’t be paying dividend

Tq for your comments Kai. Dividend payout should be measured as a % of EPS. Based on eps of 65 sens and dividend of 12.5 sen, the payout is less than 20%. By any measure, it is not good. Especially for one which is generating lots of cash and previously dividends were cut during the construction of the dam. There is room to increase dividend. A payout of 50% still leave plenty of cash to reinvest in new business as depreciation of the dam is an expenses which is non cash. Cash flow from operations is RM 530 M ( B4 changes in working capital) as compared with net profit of RM 378M. The company can guide investors by announcing a dividend policy. If not paying now, when will MFCB start to pay ?

The surprise sell down after announcing the share split should be seen in the context that price jumped in the last minute of Thursday trading and that price has done very well over the past 12-18 months. However shareholder expected better dividend after patiently waiting for completion of Don Sahong and could not hide their disappointment with the poor dividend of 6.5 sen. Let’s be patient. MFCB has added a lot of value to the long term shareholders.

Shareholders are smarter than boss! Will go to 7.50 by next week

Better sell the shares and put into FD, can still get 3%. MFCB pays less than 2 %. Boss very kiam siap...the market has spoken ,

D&O and Mfcb owned by same controlling shareholder. D&0 has turbo performance , mfcb is tepid ?

You need both big funds and small investors to invest. Otherwise, there is no trading volume. Stocks like Maybank and Sime are only traded by institutions and they just buy and sell among themselves. Boring and predictable . My opinion is that MFCB can attract both institutional investors as well as retail investors as it is a quality stock. Like the glove stocks . You just need more liquidity

I agree RJ87! Mfcb is too illiquid and many funds can’t invest as their mandate don’t allow. Trading velocity or liquidity is an important measure for funds to invest. I think the yield is decent as compared with fixed rate instruments and I am sure pension funds will find the yield attractive. Question is liquidity .

I was a skeptic but proven wrong by Mr Market! Well done all MFCB investors. Let us cheers for perfect 10!

Yes, share is cheap but it will never realise its full potential... it will remain cheap unless bonus issue or a clear dividend policy ...but don’t hold your breath

True ..may be that is why stock is up today

Can anyone confirm if they have won LSS 4 ?

Share is cheap but is a value trap. No more excitement in this stock... will drift to 6.

Stale bull already ...stock in deep slumber , may be comatose...