Posted by Kohcl8 > 2019-02-16 09:39 | Report Abuse

I would presume that the boss is consolidating his asset and may have take private or reverse take over

Posted by Kohcl8 > 2019-09-24 20:23 | Report Abuse

Why sudden surge of the price?

Posted by AllanTingAS > 2019-09-24 21:47 | Report Abuse

The Kbunai boss is the substantial sh.

Posted by Kohcl8 > 2019-09-28 11:26 | Report Abuse

U think facb will be the next target?

Posted by paperplane > 2019-11-05 09:43 | Report Abuse

Its a good d stock

Posted by prudentinvestor > 2019-11-11 15:30 | Report Abuse

After selling its 339 million KBunai shares to LP Chen, Facbind will have almost RM 200 million in cash or net cash of RM 2.35 per share.

Posted by Kohcl8 > 2019-11-13 21:31 | Report Abuse

There will be more install for Facb by Chen. Definitely some actions will be announce soon

Posted by Rjwealth > 2020-10-10 12:45 | Report Abuse

Why the move recently? Privatisation?

Posted by stockraider > 2020-10-11 18:52 | Report Abuse

Correction...facb did not sell kbunai to Chen loh...!!

They knew kbunai highly undervalue they hang on mah...!!

Posted by prudentinvestor > Nov 11, 2019 3:30 PM | Report Abuse

After selling its 339 million KBunai shares to LP Chen, Facbind will have almost RM 200 million in cash or net cash of RM 2.35 per share.

Posted by Rjwealth > 2020-10-12 13:16 | Report Abuse

Petaling Tin, Kbunai.

Is FACB next to be privatised by Chen?

If yes, how much do you think he would offer?

Posted by knn8888 > 2020-12-02 23:17 | Report Abuse

Active today. Cash rich company with zero borrowings. Potential for privatisation. Main shareholder has privatised his two other companies in the last 2 years, Ptg Tin and Kbunai.

Posted by shareinvestor88 > 2021-01-30 09:09 | Report Abuse

VALUE TRAP GUYS , SELL AND GO ELSEWHERE

Posted by ipohwhitecoffee > 2021-07-12 11:34 | Report Abuse

who buy call? ok i join

Posted by risktoreward > 2021-07-15 13:28 | Report Abuse

Enter @ 1.42

Posted by risktoreward > 2021-08-06 15:10 | Report Abuse

Release my small position at break even

Posted by prudentinvestor > 2022-07-11 12:16 | Report Abuse

As at 31 Dec 2021, FACB's cash and other investments are worth over RM190 million or RM2.30 a share. It is ridiculous for its shares to trade at RM1.13 a share.

Posted by prudentinvestor > 2023-02-22 10:31 | Report Abuse

The company has kept RM150 million cash in the bank for almost 10 years now and the management doesn't seem to know what to do with this vast amount of cash. Just declare a RM1 per share dividend. It is so simple.

Posted by stockraider > 2023-02-22 11:37 | Report Abuse

Collect loh!
Jangan takut loh!
Veli safe mah!

Posted by prudentinvestor > 2023-02-26 15:49 | Report Abuse

Very thinly traded everyday and very often it is not traded at all. This counter should have been taken private a long time ago.

Posted by prudentinvestor > 2023-05-11 15:06 | Report Abuse

Better privatize this company and concentrate on casinos. It is a win win solution.

Posted by prudentinvestor > 2023-07-21 10:44 | Report Abuse

Has gained by almost 25% over the last three months. Privatization in the pipeline?

Posted by speakup > 2023-07-21 10:55 | Report Abuse

Noticed all the cash rich companies ripe for privatisation all up. Kseng, Facbind, Insas, Icap, Osk,

Posted by knn8888 > 2023-07-21 13:24 | Report Abuse

Tightly held, cash rich (RM1.8 per share), zero bank borrowings. The major shareholder has taken private Kbunai and Petaling Tin 2 years ago, high chance will take this counter private.

Posted by stockraider > 2023-08-16 10:26 | Report Abuse

Memang betul mah!

Fair value exceed Rm 2.40 loh!

Posted by knn8888 > 3 weeks ago | Report Abuse

Tightly held, cash rich (RM1.8 per share), zero bank borrowings. The major shareholder has taken private Kbunai and Petaling Tin 2 years ago, high chance will take this counter private.

Posted by speakup > 2023-09-03 08:21 | Report Abuse

If u miss Facbind,
and u miss Icap
and also u miss Insas
don't miss the next one.....Mphbcap

Posted by prudentinvestor > 2023-12-11 12:09 | Report Abuse

With the departure of its helmsman, hopefully Facbind's privatization process could be speeded up.

Posted by speakup > 2023-12-11 18:09 | Report Abuse

IMO less chance now

Posted by TheContrarian > 1 month ago | Report Abuse

Bought at 1.18.

Posted by prudentinvestor > 3 weeks ago | Report Abuse

This company has been keeping over RM150 million cash for over 10 years. It has no viable business model. It should just sell all its assets and distribute its cash to shareholders and fold up.

Posted by prudentinvestor > 1 day ago | Report Abuse

Net cash per share is over RM1.80 but small investors are so frustrated with the management that they are willing to sell at below RM1.20 a share.

Posted by speakup > 1 day ago | Report Abuse

This is called a Value Trap

Posted by prudentinvestor > 1 day ago | Report Abuse

No clear laws in the country to look after the interests of small investors, so major shareholders just use the loopholes to take advantage of small investors. Should they want to take the company private, maybe they would just offer something slightly better than the prevailing market price instead of taking into account the company's actual worth.