Posted by paperplane > 2015-02-28 14:09 | Report Abuse

Faber change name

Posted by RosmahMansur > 2015-02-28 14:55 | Report Abuse

good stock to buy

Posted by Joel > 2015-03-01 12:43 | Report Abuse

Great News@FABER Uptrend intact next week!

1. In OSK188 shown that MACD ( black line is on top of red line )

2. Parabolic SAR & Envelope shown that FABER is on the North way.

3. Fr MACD, Parabolic SAR TP for First week of March 2015 RM3.10-RM3.28.

Posted by mtr27 > 2015-03-02 18:36 | Report Abuse

if this week TP 3.10 then why today close 2.72? pls gv a reasonable TP...

Posted by RosmahMansur > 2015-03-04 17:02 | Report Abuse

good stock, to accumulate on weakness

Posted by lkee168 > 2015-03-05 16:58 | Report Abuse

sold @2.90. Hovering around 2.70.... Will re-look this stock after GST implementation

Posted by lkee168 > 2015-03-05 18:25 | Report Abuse

AGM to approve 5 cents dividen payout in May

Posted by RosmahMansur > 2015-03-06 15:43 | Report Abuse

2.80 now...hehehe

Posted by RosmahMansur > 2015-03-06 21:11 | Report Abuse

today closed at 2.81....hope the momentum continues next week

Posted by RosmahMansur > 2015-03-06 21:29 | Report Abuse

technically forming a cup and handle....bullish

Posted by paperplane > 2015-03-09 00:07 | Report Abuse

Rosm

Posted by RosmahMansur > 2015-03-09 10:17 | Report Abuse

hehee....flying 2.90

Posted by paperplane > 2015-03-09 10:19 | Report Abuse

Rm3 coming. Rosmah you great oh

Posted by RosmahMansur > 2015-03-09 10:27 | Report Abuse

eh eh paperplane...u r here too....how's VS today?>

Posted by RosmahMansur > 2015-03-09 10:30 | Report Abuse

2.93!!

Posted by paperplane > 2015-03-09 10:44 | Report Abuse

Going down log. Short term sure got ppl take profit. But I think 2 yes can go at least rm6 loh. Short term too fast

Posted by RosmahMansur > 2015-03-09 10:51 | Report Abuse

ya i also got hold VS bought around 2.80-3.00.....keeping still.....this Faber also my dear star + SCGM too....huat huat

Posted by RosmahMansur > 2015-03-09 11:07 | Report Abuse

3.00

Posted by paperplane > 2015-03-09 11:24 | Report Abuse

Many ignore it. It acquire opus. Shld do very well

Posted by RosmahMansur > 2015-03-09 13:33 | Report Abuse

3.05 today...im so so happy

Posted by cheer2015 > 2015-03-09 14:19 | Report Abuse

why up

Posted by RosmahMansur > 2015-03-09 14:59 | Report Abuse

3.06

Posted by RosmahMansur > 2015-03-09 15:46 | Report Abuse

3.11

Posted by Najib1M > 2015-03-09 18:45 | Report Abuse

Bini sy best beli saham

Posted by RosmahMansur > 2015-03-09 19:25 | Report Abuse

GHLsystem + Pestech

Posted by RosmahMansur > 2015-03-09 21:11 | Report Abuse

just wait and watch the explosion

Posted by RosmahMansur > 2015-03-10 07:22 | Report Abuse

hope can reach 3.20 today....everyone huat!

Posted by pang72 > 2015-03-10 11:55 | Report Abuse

Sell my Faber buy teoseng! Bye bye Faber.

Posted by RosmahMansur > 2015-03-10 20:37 | Report Abuse

mr Muscle did u buy GHLsys?

Posted by paperplane > 2015-03-11 22:48 | Report Abuse

Old news

Posted by Nazrin Shah > 2015-03-11 23:38 | Report Abuse

old news ah? how come?

Posted by enagok > 2015-03-11 23:49 | Report Abuse

price goes up these few days before announcement.. who got the insider news?

Posted by RosmahMansur > 2015-03-12 09:47 | Report Abuse

good good

Posted by paperplane > 2015-03-12 10:11 | Report Abuse

Rosmah, what else can buy? Opcom ok kah

Posted by RosmahMansur > 2015-03-12 10:28 | Report Abuse

Opcom overvalued now, Najib said most likely it will get the cable project....buy Latitude

Posted by paperplane > 2015-03-12 10:33 | Report Abuse

yeah. sure he get. But very volatile leh.....from 0.85 to 0.95....

Latitude run very high liao woh, RM6.....

Posted by RosmahMansur > 2015-03-12 10:37 | Report Abuse

I am accumulating Faber now

Posted by paperplane > 2015-03-12 10:43 | Report Abuse

buy more? already up a lot woh, near 15%

Posted by RosmahMansur > 2015-03-12 12:06 | Report Abuse

the best had yet to come....

Posted by RosmahMansur > 2015-03-12 12:29 | Report Abuse

3.30 COMING......hehehehe

Posted by mtr27 > 2015-03-13 14:45 | Report Abuse

buy on rumours sell on news hehehe

Posted by cipapo > 2015-03-16 08:29 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2015/03/16/Concessions-poser/?style=biz

Why has Faber to give up 60% of Sabah and Sarawak concessions?

PETALING JAYA: Although integrated facilities management specialist Faber Group Bhd’s long wait for a concession agreement to manage hospital support services in the northern states of Peninsular Malaysia have been settled, questions are now being raised as to why the company has to concede 60% of its stakes to other parties in the Sabah and Sarawak concessions.

Faber was recently awarded a concession to provide support services to government hospitals in Perak, Penang, Kedah and Perlis for 10 years, but the investor community is wondering whether the company has been shortchanged for the longer term since it has to give up stakes in the Sabah and Sarawak concessions.

The issue seems to be that since Faber continues to drive the business in Sabah and Sarawak despite the reduced stakes, would it be fair to the company as it would be only getting 40% of the revenue?

While the company’s managing director and chief executive officer Azmir Merican said the stake reduction was not a new issue and was made known two years ago, industry observers noted that the company would have invested quite a bit in assets and resources for the concessions in Sabah and Sarawak.

Industry observers feel that the Sabah/Sarawak concessions need to be further examined since like the concession to manage hospital services in the northern peninsula states these concessions were also for a 10-year period.

“With the exception of companies that have gone public, usually what an associate partner does is to allow the bigger shareholders drive the business. In certain unique circumstances, due to regulatory conditions and the like, the driver of the business may have to hold 50% minus one share or limit its losses to 49% at the most,” an analyst explained.

For instance, due to regulatory restrictions, companies such as DiGi.com Bhd’s biggest shareholder Norway-based Telenor ASA owning an associate stake of 49% in the former, albeit to a much closer 50% threshold than Faber’s 40% stake.

Analysts also said they wanted to know what the other joint venture parties were bringing to the table as Faber would have already invested a hefty sum throughout the years to acquire and sustain these assets when the company wholly ownedthe concessions in both states.

Faber managing director and chief executive officer Azmir Merican told StarBiz in an email that Faber would continue to drive the business.

“Faber, though now a minority shareholder, has substantial experience in the industry and will ensure that the business will continue to run smoothly,” he said.

Azmir said the company was not “able” to release any financial information pertaining to these contracts and how it would impact Faber but would do so once it had obtained “clearance” from the Government via the Health Ministry.

The concessions in Sabah and Sarawak are owned via 40% stakes in Sedafiat Sdn Bhd and One Medicare Sdn Bhd, respectively.

The balance stake is owned by companies based in both states. A further check with the Companies Commission of Malaysia showed that Tan Sri Bustari Yusuf, a major shareholder of Petra Energy, held a 36% stake in the Sarawak concession.

For the Sabah concession, Datuk Ag Buhtamam Ag Mahmun has a 24.9% stake in Sedafiat. The other significant shareholder in Sedafiat is Sabah’s Economic Development Corp with a 24% stake.

Posted by salman > 2015-03-16 10:53 | Report Abuse

is the new above good or bad...?

Posted by paperplane > 2015-03-16 11:09 | Report Abuse

Buy on weakness

Posted by salman > 2015-03-16 14:55 | Report Abuse

i wonder why faber come out with this kind of announcement, when it was heading above 3.40...what a bad timing by their mgmt

Posted by kingcobra > 2015-03-16 17:01 | Report Abuse

Closing the lowest price of the day!

Posted by kingcobra > 2015-03-16 22:18 | Report Abuse

HOPING FOR UPTREND AFTER CORRECTIONS!

Posted by kingcobra > 2015-03-17 22:18 | Report Abuse

will rebound above 3.200 pretty soon

Posted by RosmahMansur > 2015-03-17 22:22 | Report Abuse

I am optimistic of this stock. The recently released news in thestar are just old news and had been accounted for

Posted by Rockford > 2015-03-20 18:16 | Report Abuse

I think services counter may get attention before and during GST just like weak ringgit gives advantage to export