Posted by BLee > 2024-04-03 13:01 | Report Abuse

Hi, Mr KW Lim, I find your article very thorough, except not touching so much on past performance (CAGR over 10 year period and almost twice dividend payout per year). Also not forgetting, the power generation from the 260MW Don Sahong Hydropower (DSH) is by Run-of-river hydroelectricity (ROR) technology is very much different from having a dam which is more capital intensive, less reliable due to single point vs multipoint for ROR, not so efficient in energy distribution as ROR in this case going to be at 5 different locations and a single dam needs a larger storage area.

MFCB is having a good meteoric rise this year. Few days ago, I did a calc for Insas' CAGR, also checked on MFCB over a 10 year period. The results are much better than Insas. Will find time to post the results, maybe over the coming weekend. Meanwhile, maybe you can also do a calc based on your assumption, different from my assumption of dividend reinvestment.
Happy Trading and TradeAtYourOwnRisk.