Not true.Play is coming after getting cheap shares at 0.245.Expect over 0.50

what a silly analogy to say that anything KYY promoted turned to shit.What about Supermx,comfort and careplus? Are they going to be shit too.

PJSeow, any chance Jaks could be another MFCB?How high for Jaks share price?

MFCB can reach 10.00 soon.EPS will be over 0.70. More power assets in the future starting with 16MW in the bag and more if the bidding for LSS4 is successful

Gick,can you share why can limit up tomorrow

Tadmax share can go limit up from this level if it still has 40% interest in the power plant.This is bcos cash inflow can be as high as 400-500 million per year for Tadmax once the power plant is in operation from 1.1.2024

Let's hope they are not complete morons and keep 40% stake,just selling 60% for 100 million is sufficient. Unlike property business which they have to keep replenishing with cheap land stock which is not feasible in the future,power business has risk free earnings for 21 years.once it is completed.What can be better than that and the huge cash inflow will come useful if they want to buy land or embark on new business like glove manufacturing which is the flavour of the market nowadays

The market knows property business is dead.Yet these jokers still plunge deeper into it using short term gains from selling power stakes which they should be keeping as it can provide 21 years of non-stop income and huge profits.Almost all property counters are penny stocks with no interest from punters,whereas power stocks like MFCB show big gains

Does Tadmax has any more interest in PIPP as per the announcement dared 26/3/20 they wanted to sell the remaining 40% to Worldwide.? This is why the market may not be interested in this game changing news.They have become pariah to focus on property

Why can limit up when news already in the market since 3pm on friday and close down

Going to fly tomorow.new business pharma,gloves

ini kali lah.

moo..waiting for the cows come home.It is not kab ,more like crab

price close at highest on high volume is positively bullish for more strong activity next week.Target 0.40 in sight.what is the news? Power? pharma? glove?

Dont laugh.Big big eat now .

Going to be true.Volume is back.new business in power plant? pharma? gloves?

At this stage dont have wishful thinking.Even block deals fearing they cannot get the numbers at their price opted to buy off the market at higher price.You might miss it wishing for a unreasonably low price.There is no way to see how low.If you are confident of its eventual fundamentals just buy

Davidl,lol.how to go to 1.00 when it keep going backwards

hello how to go to 1.00 when it cannot stay above 0.31

Davidl,today Tadmax announced extension of sale agreement with regard to sale of the power company of 25% to Kepco and 35% to Worldwide.No mention of the further sale of its own 40% which it had earlier agreed to also sell to Worldwide.If indeed Tadmax is keeping 40% as after all it is raking in over 100m from sale of just 60%,this will be extremely bullish for its share price .They will be stupid and moronic to sell the golden goose which even 40% will mean 300m-400m in profits annually for 25 years.What property business can yield this amount of recurring profits

I can see there is a deliberate hand to absorb at 1-2 bid lower.This is a slow and steady train testing your patience and perseverance

Davidl,it is a tall order to get to 40c when it move by half a cent a day and reverse the next day.People will not follow and how will it go up unless the insiders buy up every shares on sale

If the moronic directors are forced to keep a certain % in power biz and the bank is successfull to raise the 4 billion sukuk for the project ,Tadmax is sure to chase Jaks and when completed to chase to MFCB level of 6.00

may be they are not selling 100% power biz.away bcos gomen may insist they keep 20% as promoter not allowed to proft just like that.This is very bullish for the share price.It is going to catch up with Jaks 0.90s

What do you think is happening bro Davidl

Bro ThegreedZ,what is the target price

The greedZ,what is d reason for rally?

all those ppl get caught on ARB trying very hard.sorry mfcb no relationship with arb.go sell elsewhere

What a nonsensical logic.KYY is not like you or me .when he wins,he wins big.So if he is just going in the 30s ,why the panic.let it go up by 30% first and still can get out before KYY,who need lots of volume to go in and out

Macam mana tahu KYY sudah beli? If he has bought , we will know soon because he sure will promote this stock.Expect 40-50% upside to 0.42-0.45

Good to link every move to kyy and hope for a big jump in share price.other reasons could be at play too like sale of their papua new guinea 200,000 acre jungle land which they have paid 200 million for it or they are proceeding with the power business with a minority stake which even at 20% or a share of 240MW is as much as what MFCB is getting from 80% 260MW ,200 million profit a year for 21 years after completion

That was my speculation.I dont think the authority will give a licence for them to take profit outright as they are the originator and promoter of the project.If this were the case,the future for Tadmax would be great and this excitement in its share is proof of the industry they should be in jointly with property construction and development.As the leading partner they could also have a share in the huge construction contracts to build the power plant thus ensuring steady income while waiting for the huge harvest from power.That way,its share price should attract lots of interest like Jaks and MFCB

The authorities did not approve selling 100% of the power company.So it is keeping 20% and it is going to be like Jaks and MFCB in price trajectory.

thank you pjseow

pjseow,would appreciate a sharing of RHB report to yokeyenng@gmail.com.Thanks

very clear funds are using this weakness to collect .If they buy at this level,20% upside is 8.10 and 30% is 8.80,a good 2.00 gain

buying coming back to test 7,50 and 8.00 soon

Sifu OTB,I am convinced of your ability and prowess in reading the market correctly.How do I contact you to be a subscriber

PJ, your policy is good and bad.Good bcos you are going to be able to sell into its high ,bad if a sudden crash happens like what caused by Covid 19, or any future stresses from around the world,what with so many geo-political issues.As for me,I am going to be totally out by 9.00

Very obvious the buyer very hungrey for stocks.Pre closing 6.55,matched over 3 million at 6.68.PJ, what price should we wait until,how to know when to sell?

PJ and all,did you see the finishing.The buyer didnt want all q to sell totalling almost 3 million up to 6.68 all kena sapu ,no escape for sellers.For sure it is going past 7 to 8s

PJ,looks like it as funds seem to be still buying at this level.AT 15X the price level would be 9.70s ,which is a good 48% return from 6.60

PJSeow,what level do you think MFCB can go to.QL is 9.70 on eps of 0.15, Tmecom 11.10 on eps 0.59,Topglove 13.20 on eps 0.15

PB IB revised up TP to 6.72.So if funds buy at 6.30s what level do you think they will sell

sold a few to test who is buying at 6.00s Foreign.Broker 31,36 .
and Maybank,all acting for big names.For sure 7.00 and higher if they buy at 6.00

My estimate 15-17 cents pegging annual eps of 63 cents.Price steady to 7.00

I guess we wont have to wait long.By this weekend,1Q20 will come out and confirm this.Is this why the price is moving up nicely with small gains each time as the intrinsic value is much higher like in the 8.00s .Surely those buying expect at least 20-30% MARGIN

Last quater energy sales was 30m from 85 MW over 2 months which translate to 550M sales per year on 260 MW.To achieve net profit of 300-320 M net margin has to be over 55%.May be that is possible.There is about 40m from other activities

Ninja. is your figure USD 70-75 M not overly optimistic.Talking over RM 300m or 0.63 per share.Price could go to 7.63 on 12X multiple or even 9.50 on 15X

MFCB is back after a short consolidation.This time will go to 7.00 possibly on stromq quarter and may be bonus issue