MEGA FIRST CORPORATION BHD

KLSE (MYR): MFCB (3069)

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Last Price

4.40

Today's Change

-0.01 (0.23%)

Day's Change

4.37 - 4.46

Trading Volume

898,300


17 people like this.

3,674 comment(s). Last comment by Nepo 2 days ago

IVKLSE

32 posts

Posted by IVKLSE > 2016-01-03 20:54 |

Post removed.Why?

ykhoe

4 posts

Posted by ykhoe > 2016-02-05 14:13 | Report Abuse

The most profitable power plant contract will be end next year. Would it be able to maintain the profitability?

chrisyap

615 posts

Posted by chrisyap > 2016-02-17 09:17 | Report Abuse

dang dang ?

kenken85

724 posts

Posted by kenken85 > 2016-03-09 10:11 | Report Abuse

yaya... droppp...

Ven Felix

2,182 posts

Posted by Ven Felix > 2016-03-09 15:40 | Report Abuse

The return in 4 yrs time shall fruitly and consistent.

chrisyap

615 posts

Posted by chrisyap > 2016-03-09 21:10 | Report Abuse

lately me really no luck, kena at some counters :(

chrisyap

615 posts

Posted by chrisyap > 2016-03-09 21:14 | Report Abuse

FA sometime really not enuf, must look for some goreng goreng.. century macam jalan already la.. hehe

kenken85

724 posts

Posted by kenken85 > 2016-03-14 09:26 | Report Abuse

why ppl wan buy OR? any expert can explain to me?

speakup

26,534 posts

Posted by speakup > 2016-03-14 09:32 | Report Abuse

bila semua rebut beli.... u SELL!!!!!

Posted by senneskathi > 2016-03-15 17:24 | Report Abuse

Can any1 explain y mfcb issue OR?

chrisyap

615 posts

Posted by chrisyap > 2016-03-15 21:26 | Report Abuse

bila semua rebut jual ... u Buy !!! hehe

chrisyap

615 posts

Posted by chrisyap > 2016-03-15 21:29 | Report Abuse

but got a bit scare too, don't know will buy till become one of the biggest shareholder, hehe

Posted by senneskathi > 2016-03-16 04:19 | Report Abuse

what to do when get this mfcb OR? im using maybank cds acc.. i dun noe what to do.. 1st time.. pls guide me guys...

Jeffbkt

132 posts

Posted by Jeffbkt > 2016-03-16 09:50 | Report Abuse

Hi Senneskathi, you can actually sell the OR if you dont intend to exercise the right. Otherwise you need to fill up the right exercise form (get it from MBB IB) and purchase a bank draft for the exercise amount and submit the form and the bankdraft to the MFCB registrar office. YOu need to decide fast, once the OR trading is over, you have no choice but have to subscribe or else you will loose out.

kenken85

724 posts

Posted by kenken85 > 2016-03-16 15:28 | Report Abuse

Jeffbkt , i jus curious. exercise of right issue is 1.57. now mfcb is 1.83-1.57= 0.26. now or is 0.33. why ppl still wan do the exercise? i miss something?

Jeffbkt

132 posts

Posted by Jeffbkt > 2016-03-16 15:45 | Report Abuse

Every OR entitle for 3/7 free warrant. Theoretically warrant price is about 1/6 of the mother price since it is out of money. So it will be around 30 cents. So 30 X 3/7 will be about 13 to 15 cents. So the cost of OR, 1.57+0.33-0.13=1.77 which is still 6 cents profit. This is subjected that the mother share can maintain at 1.83 or above and the warrant is trading > 0.3

kenken85

724 posts

Posted by kenken85 > 2016-03-16 16:07 | Report Abuse

ohh ya.. forgot about the free warrant.. now i understand why.. Jus one more question, if i buy one the OR now, mean i will be able to subscribe the right issue with the price of 1.57? u know when is the expire day for OR?

smartly

6,430 posts

Posted by smartly > 2016-03-18 09:22 | Report Abuse

exercise price 1.57 ? i thought 1.59 ? nope ?

hng33

20,157 posts

Posted by hng33 > 2016-03-18 11:58 | Report Abuse

Bought OR at 29.5sen for conversion

hng33

20,157 posts

Posted by hng33 > 2016-03-18 11:58 | Report Abuse

Right share subscription is at 1.59, warrant conversion is 2.22 (4 year lifespan)

hng33

20,157 posts

Posted by hng33 > 2016-03-18 12:08 | Report Abuse

Add more OR at 28.5sen

hng33

20,157 posts

Posted by hng33 > 2016-03-18 12:09 | Report Abuse

Today is last day for OR trading, therefore more selling pressure from non-subscriber

PM Sim

247 posts

Posted by PM Sim > 2016-03-18 12:23 | Report Abuse

last day for trading OR is tuesday 22/3/16

PM Sim

247 posts

Posted by PM Sim > 2016-03-18 12:24 | Report Abuse

today T4 force selling

hng33

20,157 posts

Posted by hng33 > 2016-03-18 12:29 | Report Abuse

Thanks for correction, last day for trading OR is next tuesday

PM Sim

247 posts

Posted by PM Sim > 2016-03-18 13:47 | Report Abuse

welcome

hng33

20,157 posts

Posted by hng33 > 2016-03-18 16:02 | Report Abuse

Add more OR at 27.5sen

hng33

20,157 posts

Posted by hng33 > 2016-03-18 16:13 | Report Abuse

Accumulate more OR at 27.5sen

setia2u

971 posts

Posted by setia2u > 2016-03-18 22:22 | Report Abuse

hng33: welcome to buy MFCB-OR, looks like we have the same taste. After Gamuda-WR/WE, this is the next exercise I am looking at too. This time I am going to go thru the subscription for a huge profit again. Cheers.

Posted by Mohamad Jeffrey Ismail > 2016-03-19 01:09 | Report Abuse

I am not understand how to value this warrant.. Can anyone give some help as I had bought the warrant and now its fall like no end..

kenken85

724 posts

Posted by kenken85 > 2016-03-19 11:17 | Report Abuse

hng33 so if i buy or now then i can subscribe more right issue right? long term value of mfcb is a great one. jus wait for the day to boom.

hng33

20,157 posts

Posted by hng33 > 2016-03-21 09:15 | Report Abuse

Sold back partial OR at 30sen, lock in contra profit first

hng33

20,157 posts

Posted by hng33 > 2016-03-21 09:48 | Report Abuse

sold off all OR at 29.5-30sen, lock in all contra profit first

hng33

20,157 posts

Posted by hng33 > 2016-03-21 10:31 | Report Abuse

Bought back some OR at 28-29sen

hng33

20,157 posts

Posted by hng33 > 2016-03-21 10:44 | Report Abuse

Bought MFCB at 1.81

wonderboy

225 posts

Posted by wonderboy > 2016-03-21 10:46 | Report Abuse

What is the exercise price of warrant to be listed?

hng33

20,157 posts

Posted by hng33 > 2016-03-21 11:03 | Report Abuse

Bought back more OR at 28.5-29sen

cheerful1

11 posts

Posted by cheerful1 > 2016-03-21 11:20 | Report Abuse

insas is coming

hng33

20,157 posts

Posted by hng33 > 2016-03-21 11:29 | Report Abuse

Sold back OR at 31sen, reap handsome contra gain

hng33

20,157 posts

Posted by hng33 > 2016-03-21 12:03 | Report Abuse

Sold back MFCB at 1.85, lock in profit

setia2u

971 posts

Posted by setia2u > 2016-03-21 14:36 | Report Abuse

Insas coming...then come lah. Never seem a share up meh.

setia2u

971 posts

Posted by setia2u > 2016-03-21 14:39 | Report Abuse

Share just up 1 sen also sold already, so what even you bought hundred of shares!

hng33

20,157 posts

Posted by hng33 > 2016-03-21 16:26 | Report Abuse

Bought back MFCB at 1.83

setia2u

971 posts

Posted by setia2u > 2016-03-22 08:05 | Report Abuse

No more arbitrage activities after OR ceased from trading tomorrow. Good for the mother share, can easily go up to RM2.00 towards month end.

hng33

20,157 posts

Posted by hng33 > 2016-03-22 16:10 | Report Abuse

Sold back all MFCB at 1.87-1.88, lock in profit, free up capital

smartly

6,430 posts

Posted by smartly > 2016-03-22 20:13 | Report Abuse

is there a reason why mfcb share price will go up to RM2 by month end ?

kenken85

724 posts

Posted by kenken85 > 2016-03-23 10:09 | Report Abuse

jus simply it worth for the price.. haha

yanxuan8

427 posts

Posted by yanxuan8 > 2016-03-23 10:18 | Report Abuse

It shall worth more than RM2.00, EPS 33.34 sen , NTA RM3.65 (before Rights), just do some calculation, you will find out. The current price at 1.87 is due to arbitrage activities by those shareholders who sold the original share and bought OR, it will go back to fair value in due course.

ykloh

514 posts

Posted by ykloh > 2016-03-23 13:18 | Report Abuse

Price is weak bcos small shareholders do not like the rights issue is structured and many are selling. The exercise creates a lot of odd lots which are difficult and expensive to sell.

hng33

20,157 posts

Posted by hng33 > 2016-03-25 10:21 | Report Abuse

MFCB worth of investing...but can wait before re-enter till its new share arise from right issue at 1.59 and new free warrant listing.....as both of these new right share and free warrant are likely exert pressure on MFCB price due to their cheaper alternative

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