fcwong

fcwong | Joined since 2013-05-18

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Stock

2019-09-07 14:06 | Report Abuse

Marco, a fundamentally good company (low debt, persistent profitable) with cash rich company

Base on latest annual report 2018, total asset :203million (equity of 190million, liability 13 million)
In view of low dept, profit every year contributes to growing of retained profit and equity

Also, 2 land (1 at setapak, 1 at Melaka) has not been reevalauted since long time ago

With the latest market price of 0.115, Marco's market value is onli 121million, which is really undervalue

Despite recent purchasing of 40%share of time galleries SDN BHD (21.8 million), company still had 83million cash at 2018 as compared with 101 million at 2017. Amount of cash is still persistent increasing as documented in recent quarter report

Investing in time galleries, company revenue and profit are anticipated to increase.

We can notice that Marco paid high dividend on 2011(2.15 sen), 2012(0.8sen), 2013(2.2sen) 2014 0.8sen) before its warrant expired on 2014

After maturation of its warrant, company's share increases from 712million to 1054 million. hence, percentage of share of major share holders was diluted as they had sold out warrant earlier.

From the announcement on March this year, main share holder (tan Sri dato tan hua chin) had recent acquired 6% of share (62.5 millionx0.12: rm7.5million).

From my view, Marco is undervalue and holding too much of cash
Company is capable to pay up 4sen of dividend anytime and still has balance of at least 40 million cash for operating. As a result, I would said Marco should worth at least rm0.16

Invest on ur own risk

Stock

2019-05-28 19:36 | Report Abuse

An undervalued company with good fundamental
Persistent growing of revenue, net profit and low P/E ratio of 8.7
Worth to accumulate with dividend yield of ~4-5%
Definitely price will go up

Stock

2016-02-23 20:59 | Report Abuse

Propose dividend 0.7 cent per share~4.5% return on current price

Stock

2015-07-21 17:28 | Report Abuse

past 3 quarters continuosly showed good result, 1 more month for next.
if good news out, should fly high~

Stock

2015-06-23 13:01 | Report Abuse

after agm, i felt more confident to d stock

Stock

2015-02-16 18:33 | Report Abuse

Cash represent 40% of assets! what they want to keep so much cash! pay bk to share holder leh

Stock

2015-02-16 18:27 | Report Abuse

Got so much cash and bank balance as compared previous year but pay so little dividend this round, seriously unaccepted
Must reflect it during coming annual meeting

Stock

2015-02-16 18:16 | Report Abuse

But so stingy this time, pay so little amount of dividend

Stock

2015-01-01 22:01 | Report Abuse

Happy new year^^

Stock

2014-11-20 19:32 | Report Abuse

Cheer! friends who support marco. This is d brightest q report marco ever has. It achieve highest revenue, highest profit before and after tax. This mean that d company is growing n it will achieve better result in future. Watch n calvulator is so essential n no matter how technology develop, it wont be eleminated or displaced. Being d best brand among others, casio will b every 1st choice. I cant find a better digital watch other then casio on d market. Sport activity becoming popular make every 1 own a digital watch and at least 50% is casio. If u dunt own 1, pls buy 1. With 1 malaysia book voulcer, student will buy calculator each year. Ican remember i hv brought 3 calculator during my secondary school time even without subsidise. If its price go lower, i will buy more. With current result, i have topped up my stock, have u? For sure it will declare dividend but not sure when onli, it is late when it is declared.

Stock

2014-08-21 01:53 | Report Abuse

Why every1 is so scared? Is d company loss money? Is d company having financial crisis? Is d company going to bankrupt? D q report is quite good for me where d company is still making money as expected. Just that d eps is lower due to dilution from warrant convention b4 which is also expected. Make sure u know what u investing n dunt simply follow d market trend or else ur life become miserable.

Stock

2014-08-06 23:54 | Report Abuse

Fundamentally, Marco is actually a good company (low debt, high profit with no history of loss, good dividend yield)
For sure that its price is undervalue
Price of most of companies become double up since 2010, but Marco price is still quite stagnant...
Tis might becoz nobody know bout tis company (volume was so low last time)
But now it can sometime become top 10 hot stock in d day
Therefore, its value must b reflected one day.
Watch, calculator are essential goods no matter how d world change.
Casio is a common brand with quality assurance that every 1 know n it is my 1st choice as its price is affordable for me
For a good company with undervalue price n making profit every year, as an investor, I will hold it for long term until its price exceed its value.
So, wat is actual price should Marco be?

Stock

2014-02-28 00:31 | Report Abuse

Ya, can't compare its result in that way,
It compare with past few quarter, tis quarter is consider good d n its prize is undervalue

Stock

2013-12-13 16:06 | Report Abuse

After ex date, we will b entitled to purchase the right issue.
For d following 5 working days, those who r entitled but not wish to purchase it can sell d form in open market (OR).
For those who wish to buy in axcess can purchase this form.
After this 5 working days, we usually have 1 week time to pass up our form with bank draft.
If u didn't receive d form, u may ask ur stockbroker to print out for u.

Stock

2013-10-16 07:14 | Report Abuse

Bomohsaham, buat magic kat xdl keh? Tiba-tiba shooting up^^

Stock

2013-10-15 01:17 | Report Abuse

The corporate is going to exercise 322.7m right shares at 35 sen each, with free detachable warrants and bonus shares of up to 242m.

For every 12 existing XDL shares that investors hold, they are entitled to subscribe to 4 rights shares at price of rm0.35, along with 3 free warrants and 3 free bonus shares.

That mean, u actually pay rm0.20 per share ((4*0.35)/(4+3)). Besides that, it is along with 3free warrants 2013 with exercise price of RM0.35 each. If you buy it in excess, u will get lower everage price.

From the company financial record, it made profit for every year even it's profit decline in recent year(might due to economy recession of china at that time). When we look at it PE ratio, it is <2 for each years That mean it is a very potential and undervalued stock.

In addition, XDL has a very strong balance sheets. However, we don't know can it be trusted since china stock is notorious with its credibility. This might b reason why XDL is so cheap. Anyway, if the balance sheet is real, this stock is again extremely undervalued.

Stock

2013-10-14 23:51 | Report Abuse

It is an mv created to promote xidelang's product

Stock

2013-10-14 23:30 | Report Abuse

Let's enjoy xidelang mv together for its shooting up
http://m.youtube.com/watch?v=VqE6jdmHDsQ

Stock

2013-10-02 01:10 | Report Abuse

Hard to get that price ady recently

Stock

2013-10-01 21:39 | Report Abuse

Dividend coming soon?

Stock

2013-09-30 08:04 | Report Abuse

Price/earning ration
Lower means earns a lot by using less money

Stock

2013-09-30 08:00 | Report Abuse

If it is real, what will happen to tis stock?

Stock

2013-09-21 14:38 | Report Abuse

Rm0.55 is still too cheap for this stock, PE ration is only ~6.6
It is worth at least rm0.8

Stock

2013-09-04 23:47 | Report Abuse

Final tax-exempt (single-tier) dividend of 0.9 sen per share for the financial year ended 31 March 2013
0.9sen =RM0.009

Stock

2013-09-04 23:24 | Report Abuse

Finally dividend was announced^^

Stock

2013-08-27 23:07 | Report Abuse

Actually d revenue not so bad, but d profit drop so much.
Maybe because of expenses of d company to open new market.
Anyway, there is challenges for d company since ppl tend to shopping through Internet.

Stock

2013-08-26 15:54 | Report Abuse

Just there is dividend of 0.0625/share announced on 20aug^^

Announcements & Events

2013-07-29 23:21 | Report Abuse

A healthy financial result, however the company is still undervalue.
Also, I think there will be some more dividend to be announced soon.

Announcements & Events

2013-05-19 00:44 | Report Abuse

This company is still able to pay dividend, that mean it is still profitable.
But y its revenue is almost d same as presiding year but it profit reduce so much? Where did d money go?