Luckily they have a much younger chairman now. At the very least, the payout is around RM0.40/share. It used to be much lower (RM0.10 - RM0.20)...

Typical Cinaman company. As long as the old guards are still around and the younger generation is not given the mandate to do business differently, it will be difficult.... :(

As suggested by valueinvestor96, I also wrote to ir.ohb.com.my to request for a bonus issue but no reply from them. Can some of you also email them?

noted tq..

terence775, may i have your number so that i can pm you? TQ.

The only catch is it may not declare much dividend as it needs to preserved cash for its expansion plan. However, this is good for long term appreciation, I supposed. No?

As highlighted by LongTermInvestor8 earlier and as per the management discussion & analysis in its latest AR, mfcb may see exponential growth moving forward. The current price of below RM4 is still very much undervalued if most of its ventures turn out alright....

@Calvin882
Yes, agree fully. Just happy to see the confirmation in its recovery from latest results... ;)

@newbie8080
What is your expectation with regards to the quarterly results?

Upward surprise may come from construction profit from 5th turbine..

I m a newbie and have not studied much into mfcb's business structure. Perhaps its income from Laos is tax exempt and the growth in Stenta and Hexa remains in good trajectory, it should be able to maintain at least RM0.10/share per quarter. No?

Price showing upward momentum. Indication of a good Mar 22 quarter?

1.60.....

This QR is a beauty to behold. IGBREIT is back!

Puzzling.... Next QR due soon? Anyone has any news?

Latest QR shows red due to change in fair value, as well as lower realised income. However, share price has been surprisingly strong. hmmmm......

Sleeping company, has not reached RM1..... ;)

Very quiet here....

TGuan seems promising in the long run. No?

Finally starts to normalize... Hope it goes back to near RM6 for some reloads...

who exactly is kyy?

Thanks Souljaboiiii..

MFCB is on the uptrend with healthy volume. Does anyone have any idea when is next QR coming out?

Kenny Lam, since you are here, who is kyy and what happened in Subur lately?

What is happening in Subur lately?

I m new here. Can someone please enlighten?

what is happening? who is kyy?

Cash per share of around RM5 while share price is languishing at around RM7.10, while the company's many segments (automotive, medical, plantation, property etc.) are expected to generate even more cash in near future? Come on....

ORIENT should emulate what other businesses with good governance are doing. Declare a big special dividend and return the cash to shareholders. Let them decide what to do with their own money.

Actually there is no need for complicated corporate exercise to enhance shareholder value. What is needed is simply better cash dividends for shareholders. This is considered the low hanging fruits that can be harvested immediately. It makes perfect sense too as the Company does not seem to have any plan to utilise it at the moment. To retain loads of cash without doing anything is unacceptable as the inflation rate is super high now while bank interest rate is super low...

The younger chairman may know what to do to generate better returns for the Company. The question is if he still has to report to old guards....

Construction revenue should imrpove its bottom line starting 1Q2022.

Business in Laos should do better and better, especially with the 5th turbine coming into picture.

Though not one for quick money, the value will accrue through time..

Why has epf stopped selling? I hope there are more sellers to push it below RM7..

However, time is required for the value of its businesses to reflect in its share price.

MFCB is actually quite an interesting company..

Jimmy, where do you get the news that there is bonus? is that bonus issue? If it is true, time to add more ...

Could someone with influence please wake the management up?

ORIENT is deeply undervalued at the moment. There are so many things the management could have done to improve profitability, market liquidity and even fairer reflection of its valuation. They even have two big plots of reclaimed lands (listed among 10 largest properties of the group) which are pending issuance of titles. Just imagine the explosion in its valuation if all these are to be unlocked.

There is still plenty of headroom for profitability to improve. Actually they could have declared 100% of current year profit as cash dividends. The business would not be affected by such strategy as it already has too much cash on hand.

I mean if we consider the fact that many of its business segments (e.g. medical, automotive, hotels and even property investment) are bound to improve significantly upon re-opening of economies, the current valuation of RM7 may still be too low.

If the management / major shareholders were to do the right things (besides taking it private), RM7 is not even half of ORIENT's intrinsic value to me!

Yes, the gain will remain unrealised until such time that it is unwound.. Agree fully with your suggestion that the timing might be right to unwind the forex loans given the substantial forex gain. As a matter of fact, given the pile of cash they are sitting on, they are not only in the position to not only liquidate/unwind the entire borrowings of the company, they can even privatise ORIENT with the existing pile without chipping in with their own money.

In that eventuality, the unrealised profit of 100mil should translate into more than RM0.15/share. A special dividend fo RM0.10/share should be in order. What say ya? ;p

Further, all its business segments should do better in view of gradual re-opening of economies, what better time to take it private than NOW!

Despite the fact that the offer price to take it private may be much lower than its book value (let alone its intrinsic value), it should be higher than the current market price. Privatisation should make sense for the management/major shareholder. Think WIN-WIN.

If the major shareholder/management decides to take ORIENT private, then they should give a fair value to the minorities, though this may not always be the case. Either way, it is still better than not paying better cash dividend, not taking action to improve the profits and sitting on tonnes of cash without doing anything.... ;)

Or perhaps the managemnet of ORIENT should shed some light on this?

Can someone with influence please talk to the management?