FACB INDUSTRIES INCORPORATED

KLSE (MYR): FACBIND (2984)

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Last Price

1.20

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


3 people like this.

382 comment(s). Last comment by prudentinvestor 1 day ago

firehawk

4,771 posts

Posted by firehawk > 2017-02-20 23:09 | Report Abuse

last minute push up .... tomorrow?

Posted by prudentinvestor > 2017-03-06 16:11 | Report Abuse

Share price well supported over the past two weeks. Moving up steadily.

Posted by prudentinvestor > 2017-04-30 17:40 | Report Abuse

Market cap only RM108 million but net cash more than RM155 million and available for sale investment worth over RM20 million. No logic.

noah

408 posts

Posted by noah > 2017-05-24 18:13 | Report Abuse

Profit increase 8645% yoy !!!

firehawk

4,771 posts

Posted by firehawk > 2017-05-24 23:15 | Report Abuse

tomorrow can?

Posted by truthseeker516 > 2017-05-25 00:12 | Report Abuse

what's the reason that revenue no change much but profit increase so much ?

paperplane2016

21,540 posts

Posted by paperplane2016 > 2017-05-25 00:15 | Report Abuse

Smart accounting

noah

408 posts

Posted by noah > 2017-05-25 14:38 | Report Abuse

does not make sense at all why the management did not privatize this company.
net cash alone exceeds the market cap.

if you want a net-net company, this is the one.
but the boss have history of ripping minorities off like KBUNAI and PTGTIN.

firehawk

4,771 posts

Posted by firehawk > 2017-05-30 16:42 | Report Abuse

Very black heart one ....

Posted by prudentinvestor > 2017-06-01 17:04 | Report Abuse

Long forgotten jewel. Hope someone will discover it one day.

paperplane2016

21,540 posts

Posted by paperplane2016 > 2017-06-01 17:26 | Report Abuse

wow. 1.27, 27% from RM1 2 years ago. still consider good. Value trap also can work? ahaha

Posted by prudentinvestor > 2017-06-01 20:50 | Report Abuse

Apart from making 5.3 million or 6.32 sen a share from business operations, the value of its available for sale investments also increased by 6.8 million or 8 sen a share and its NTA increased by 11 sen.

Posted by Fabien Extraordinaire > 2017-06-02 11:15 | Report Abuse

Net cash per share alone is RM1.86

Posted by prudentinvestor > 2017-06-02 12:04 | Report Abuse

Its available for sale investment, namely 339 million KBunai shares is worth another RM23.73 million or 28 sen a share.

firehawk

4,771 posts

Posted by firehawk > 2017-06-02 22:57 | Report Abuse

salted fish re-alive loh ....

stockraider

31,556 posts

Posted by stockraider > 2017-06-02 22:59 | Report Abuse

Paperlane brother....potential privatization mah...!!

Posted by prudentinvestor > 2017-06-14 12:35 | Report Abuse

Highest in more than two and a half years. Further rises expected. Have been in the doldrums for far too long.

jeff888

10 posts

Posted by jeff888 > 2017-06-14 12:53 | Report Abuse

patience pay

firehawk

4,771 posts

Posted by firehawk > 2017-06-15 09:22 | Report Abuse

manipulate market price very much .... :-(

taitaumau

275 posts

Posted by taitaumau > 2017-06-15 11:23 | Report Abuse

Based on my observation, this big smart boy has been patiently accumulating this counter since early march.

Angeline

69 posts

Posted by Angeline > 2017-06-15 15:45 | Report Abuse

zzzzz today。

firehawk

4,771 posts

Posted by firehawk > 2017-06-22 01:00 | Report Abuse

the bstd never fail to disappoint shareholders ....

paoblocrk

101 posts

Posted by paoblocrk > 2017-06-23 11:02 | Report Abuse

Wonder who knows what is this "Higher other income was primarily due to incentives received by the associates in Jiangyin." Aparently this contribution of associates profit contribute around 5mil to the group result.....

Posted by prudentinvestor > 2017-06-25 15:40 | Report Abuse

Don't really know what kind of tricks he has up his sleeve. Since Facbind is so much undervalued, the most logical thing to do is to use some of its spare cash to buy its own shares in the open market.. Only around 55 million shares are in the hands of small shareholders and shareholders who are not associated with the Directors. Just RM 71.5 million, or less than half of its total cash reserve is sufficient to buy up all these shares at RM 1.30.The company directors aren't working for the interest of the company.

Posted by Fabien Extraordinaire > 2017-07-04 16:42 | Report Abuse

this is a typical example of value trap as management does nothing to create value and there's lack of price catalyst. hidden value in this company is for everyone to see...its net cash per share is 40% more than the share price.

Posted by Fabien Extraordinaire > 2017-07-13 17:08 | Report Abuse

Net cash per share alone is RM1.86. I will repeat this over and over again.....

Kinz

141 posts

Posted by Kinz > 2017-07-13 17:23 | Report Abuse

Same situation for 4 year d . Price from 1.4+ to 0.90 and to today price . Company profit also gain from FD interest only .

firehawk

4,771 posts

Posted by firehawk > 2017-07-22 09:09 | Report Abuse

Peaking ....

Posted by prudentinvestor > 2017-07-23 15:41 | Report Abuse

Just a quarter way through a slow and long climb to its deserved position.

firehawk

4,771 posts

Posted by firehawk > 2017-08-23 17:32 | Report Abuse

Q earning NG but give dividend 4 sen ....

Posted by prudentinvestor > 2017-09-15 09:38 | Report Abuse

Highest closing price in more than three years. Rosy days probably lie ahead.

taitaumau

275 posts

Posted by taitaumau > 2017-10-13 15:46 | Report Abuse

I wonder whether an imminent storm is brewing.......

Posted by prudentinvestor > 2017-10-13 15:56 | Report Abuse

Slowly creeping up over the past several months without being noticed by small investors. Privatization probably in the pipeline.

taitaumau

275 posts

Posted by taitaumau > 2017-10-13 16:38 | Report Abuse

Will this big boy make closing price 2 bids down?

Posted by shareinvestor88 > 2017-11-05 07:54 | Report Abuse

Another similar company is FLB flushed with cash 123m. No debt.

Posted by prudentinvestor > 2017-11-23 11:30 | Report Abuse

Facbind has RM163 million cash or 191 sen per share. It has available for sale investments (more than 300 million Karambunai shares) worth another RM20 million.

Posted by Angel of KLSE 大马股仙 > 2018-01-12 13:25 | Report Abuse

why nobody talking this counter recently? The edge recommend buy, you know or not? not interested in this counter?

Posted by Angel of KLSE 大马股仙 > 2018-01-26 18:31 | Report Abuse

rocket engine start today

Posted by investor1458 > 2018-01-27 16:59 | Report Abuse

How high can fly ?

Posted by prudentinvestor > 2018-01-29 11:51 | Report Abuse

2000m high.

Posted by prudentinvestor > 2018-02-27 16:49 | Report Abuse

Facbind's cash has gone up to RM 167 million in its latest quarterly report. At 8 sen a share, its 339 million Karambunai shares are worth another RM 27.1 million. Cash + shares are already worth RM 2.28 per share.

Posted by Koh Chin Lai > 2018-02-27 21:21 | Report Abuse

Expect RM2.50 by year end

funitec

639 posts

Posted by funitec > 2018-04-17 16:06 | Report Abuse

cash buy CASH.Nice.

Yael Jasper

2,178 posts

Posted by Yael Jasper > 2018-04-17 16:21 | Report Abuse

letgo

Kohcl8

36 posts

Posted by Kohcl8 > 2019-01-16 22:28 | Report Abuse

Time to buy now

Kohcl8

36 posts

Posted by Kohcl8 > 2019-01-24 19:15 | Report Abuse

It’s mcving , time to enter

Kohcl8

36 posts

Posted by Kohcl8 > 2019-02-14 13:18 | Report Abuse

It’s moving now,buy now

Posted by prudentinvestor > 2019-02-14 18:00 | Report Abuse

If the company directors do not know what to do with it's over RM 150 million cash pile, just distribute the money to the minority shareholders as dividend and let them decide what to do with their money.

Kohcl8

36 posts

Posted by Kohcl8 > 2019-02-14 20:08 | Report Abuse

Maybe something is cooking and major trigger will happen

cherry88

976 posts

Posted by cherry88 > 2019-02-15 09:17 | Report Abuse

Based on latest financial data as at 30Sep, its CASH per share stood at RM1.77 ! If you include their quoted shares and bond (total RM38.8mil), its CASH and CASH EQUIVALENT per share goes to RM2.30 !! This company has no borrowings. they are doing the "Dreamland" mattress. Most of you may buy this product before.
Subject to privatization, and possible at RM2.30 (against its Net Asset of RM2.57 per share). At current price of RM1.20, you are buying at RM1.20 in exchange to cash in the company for RM2.30.

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