Post removed.Why?

Post removed.Why?

nothing, people buy people sell

anson show us ur kuku

I scare he tiok too many time, till can't see d

tiu kku ku tiu ku ku

someone is going to tiu ku ku

https://www.youtube.com/watch?v=Sx2AyQabFuU

fake rebound

Dear Mr Tan,



I am sorry to hear that you are disappointed by the dividend payout. Please know that the management has put in a lot of effort into balancing the funding requirements of the company against the dividend payout to shareholders. For your information, the company is not storing cash reserves for no reason - RM190 million of cash received in 2020 was used to settle the amount owing to the EPCC, RM98 million went into repayment of borrowings and interest and RM66 million of capex expenditure went into the investment in the solar, packaging and plantation division. After payment of RM59 million dividend (12.5 cents for the year 2020), the company is actually left with not much cash to pay any further dividend.



On your question on the company’s next steps – the company has been growing year on year and intends to continue to grow moving forward. We are growing and expanding all our existing businesses with a particular focus on the renewable and green energy space. As we informed you before, we are working on the 5th turbine – however Covid has disrupted these plans and construction can only start at the end of the year assuming travel restrictions are relaxed, we have also bid on the LSS4 project and are waiting the results and as for our C&I Solar venture– we have secured 15MW projects to date with 12MW coming onstream in 2Q2021. We expect to keep growing the C&I solar space in the coming years.



I hope my explanation above suffices. MFCB is still a growing business with many opportunities on the horizon and thus we cannot commit to a specific dividend payout policy – it really depends on the funding requirements of the company at a particular time. However, we will be looking to increase the dividend payout as the company grows.



Please be assured that the Chairman and management is and always will continue to look out for all shareholders interest.



Best regards,

IR Team.

this counter mostly uncle and auntie who hold for long term, that's why u see price won't move much, they'll increase dividend to move the market price

when QR result out steve ?

TP - RM10 will be short term target

we'll see the best in the history QTR coming, it secured 4 solar C&I projects with total installed capacity of 16mw, will contribute starting from 2021

ya, they also got solar project on going for small scale

for current business, EPS 70cent, it should worth at least RM10.50 based on PE15, don't forget they got packaging business which will grow 100% by end of 2021 or 2022, of course LSS4 is coming

maybe some ppl already know insider news and keep accmulate

back to 5 please

LSS4 bid result around the corner

don't forget that's 5th turbine and LSS4 result out soon, also packaging business grow 100%

Year 2021 could be a volatile year, Mega First Corp Bhd's steady and resilient earnings from the 260MW Don Sahong hydropower project could be a shelter.

It is noteworthy that besides resilient earnings, Mega First is also a company to look out for renewable energy theme play as policymakers globally are stepping up efforts to meet ambitious climate targets.

Maybank IB analyst Tan Chi Wei wrote, in its 2021 strategy report, that Mega First appears undervalued. From an 18.9 times P/E in 2019, this counter is expected to have a P/E of 9.8 times in 2021.

"Backed by Don Sahong's strong cash flow, Mega First has the means to pursue new growth opportunities and/or increase cash distribution to shareholders," he added.

For net profit, Tan is projecting its net profit to be at RM323 million in the financial year ended Dec 31, 2020 (FY20) and RM340.1 million in FY21, compared with RM152 million in FY19.

The forecast big leap in earnings is due to the hydropower project, which is expected to generate annual net profit attributable to shareholders of between US$60 million and US$70 million during its 25-year concession period starting from FY20.

According to Bloomberg data, with a consensus target price of RM8.31, this implies a 20% upside from its closing of RM6.90. All three research houses covering this counter have "buy" calls.

Another alternative for renewable energy play could be KPower Bhd, which is one of the top picks of RHB IB and AmInvestment Bank Bhd.

RHB IB said KPower is firmly on its growth trajectory and is expected to double its order book size by end-FY21. "The stock, in our view, could undergo a further rerating, if KPower can penetrate the solar industry, which generally fetches premium valuations," said the research firm.

To cope with growing domestic and overseas demand, the division has embarked on
a major expansion program to increase the production capacity of paper bags by 200%
by end 2021 and production capacity of flexible packaging by 100% by end 2021. The
expansion, including the construction costs of two new factories, is expected to cost
about RM120 million over the next 2 years.

RM4 soon

1H net profit 281.465 million (increased 15.58%)

https://www.facebook.com/watch/?v=290332538704929

all i3 user here are beginner or what, read the announcement properly, awang dispose all his share thru direct deal, not going thru open market

hi, can send to me ktian@hotmail.com

本月12日，通源工业（TGUAN，7034）执行董事洪诗铭从吉打双溪大年来到雪州哥打白沙罗，与我们的助理新闻主任赖尧章叙旧之余，更分析公司当下形势与未来展望。

每年12月31日结账的通源工业，虽在2017财政年跌了一跤 ，净利急跌25%至4189万令吉，引发市场严重卖压，使得通源股价从高峰急速滑落。但是，洪诗铭并不认为公司业绩受挫，因为营收仍在攀升。

2018财政年迅速站稳脚步，净利回升8%至4537万令吉；2019财政年首3季净利已达4403万令吉，占2018年净利总额97%。若拿首3季净利摊平估算，全年净利预计为5870万令吉，比2018年涨近三成。

如无意外，该公司会在下周三(26日)公布末季兼全年业绩。

访谈结束后，赖尧章问洪诗铭，以“恢复勇态”来形容通源工业当下形势是否贴切，他欣然点头。

恢复勇态后的通源工业接着要朝哪个方向挺进?洪诗铭说：缅甸。

为何剑指缅甸，投资规模有多大?别忘记追看明日上架的《资汇》!

i believe he take PE15 as reference, more conservative should be PE10, by 2023 the 5th turbine complete it should be able to hit RM9+

ya, me too, no feeling cos already know it'll break RM6 soon, no matter how it adjust back i'll stay n wait for it

ya, even drop in revenue, profit not because of sales increase, sales volume still the same just the drop of raw material price, it's super over price

shareinvestor88 u try don't pay tnb for 2 months n see

gkyt88, that's always got some sour ppl bad mouth when they're not making money from the counter, u can check all his comment on every counter all bad mouthing

when start showing np from don sahong which should be another 2 qtr

guys don't be so naive, public bank never cover this counter.... jaks n mfcb is totally different story, jaks will have coal price factor as their cost, mfcb is using natural resource which is free water...

tyyap already warn by bursa

3 year to go to gain 100% from current price, every year 30%+ return, buy !!!

expected RM9 by 2023 when 5th turbine complete

it's been correction last 2 years

Laos income tax will be waive for 1st 5 years

so year end or end of nov share price will jump

price go up because of LSS 3 tender, boss very confident to get some contract I believe

5th turbine got approve by laos government isn't ?

they are planning for 5th turbines, if its approve by laos then we shall see another 25% np jump by next 1 or 2 yrs , eps should be above 90 cent

u cant find the project like this -- don sahong which give u so high in margin (quote by the chairman)

don sahong is doing good progress, it should be complete and run by end of the year

don sanhong

yes, completed 90.5%

flying tomorrow

@shpg22 when u said something like this compare with JAKS, it show that you never really study