Posted by farinsight > 2016-10-21 08:36 | Report Abuse

Yes, i bought some warrant two days ago, see after consolidation will the share price towards north.
hope at can go to rm2.50 this round.... ha ha

Posted by kenken85 > 2016-10-25 13:10 | Report Abuse

http://www.theedgemarkets.com/my/article/%E7%BE%8E%E4%BD%B3%E7%AC%AC%E4%B8%80%E4%BA%A4%E6%8A%95%E6%B7%A1%E9%9D%99%E4%B8%AD%E4%B8%8A%E6%89%AC

Posted by kenken85 > 2016-10-25 15:35 | Report Abuse

http://www.mygreatdaily.com/node1307352

Posted by farinsight > 2016-10-25 16:11 | Report Abuse

Thank you kenken85 and Hippo sharing, appreciated.

Posted by crocodile1980 > 2016-10-26 09:58 | Report Abuse

Anyone can clarify where is the official statement from mfcb that the shaoxing power plant service contract been extended to 2022 instead of end of 2017. I didnt find it in annual report, i didnt find it at mfcb website. Bare in mind 70% of earning is from this china power plant. So, it is extremely important to know if this is true.

Posted by leong1188 > 2016-10-26 11:04 | Report Abuse

they have 2 power stations, Tawau and China. The one expires in 2017 is Tawau power station while the one expires in 2022 is China power station.

Posted by crocodile1980 > 2016-10-26 13:42 | Report Abuse

Yes, i am talking about china plant. Anyone can prove it is expired 2022.

Posted by leong1188 > 2016-10-26 14:04 | Report Abuse

http://www.stockhut.com.my/news/51933.

Posted by crocodile1980 > 2016-10-26 18:17 | Report Abuse

Yes, i read this from edge and newspaper before as well, my point is is there any statement being done by mfcb as official announcement instead of 3rd party. What i meant official could be annual report or website of mfcb. I tried to scrubbed all mfcb news and annoucement on klse.com.my but i couldnt find any for the past 2.5 years. As all we know this is the key factor that suppress the share price for past 3 yrs.

Posted by keatming > 2016-10-26 20:08 | Report Abuse

crocodile1980, you are right. Bursa only provides info after 2001, we can't find the details of the agreement regarding china power plant. The statement in MFCB website: 'co-operative joint venture on 23 October 1995 with an operating period of 22 years' made you think the power plant expired in 2017 rite? But i guess the plant go thru 5 years of construction after joint venture in 1995 and only start operation in 2000, so the plant will only expired in 2022 （guessing only ya).

Posted by crocodile1980 > 2016-10-26 21:39 | Report Abuse

Thanks keat ming. This souns like an explanation. Hopefully this is correct.

Posted by kenken85 > 2016-10-28 11:15 | Report Abuse

this is called diam diam ubi berisi? haha

Posted by As Teo > 2016-10-28 18:00 | Report Abuse

Strange, if the management and the supporters are not fully grasp, why should they bought 9+% at 0.76 from PAG/CS ?

Posted by As Teo > 2016-10-28 18:02 | Report Abuse

Sorry wrong send

Posted by kenken85 > 2016-10-31 09:05 | Report Abuse

2.30 today?

Posted by kenken85 > 2016-10-31 14:07 | Report Abuse

totally agree with u.. share is not about mood. is about investment. =)

Posted by johnny cash > 2016-11-01 13:15 | Report Abuse

http://politemarket.blogspot.my/

Posted by wisdomtot > 2016-11-01 18:27 | Report Abuse

wisdomtot i am still hopeful of a wave 5 move towards 2.28.. fingers crossed
07/10/2016 17:19

Game over for me... retest 2.17 okay..ciaoz

Posted by okto > 2016-11-02 09:57 | Report Abuse

what about the analyst target price of 3.16, it that reachable?

Posted by kenken85 > 2016-11-05 21:08 | Report Abuse

cold eye did mention this counter? anyone can share any info for it?

Posted by casanwk > 2016-11-05 22:45 | Report Abuse

lock in my profit at 2.22
good company no question at all
on TA, distribution in on
will back when rally start again

Posted by kenken85 > 2016-11-07 15:21 | Report Abuse

hippo.. i jus whack warrant also. althought i keep mother more. =) just keep.

Posted by applecider > 2016-11-22 11:29 | Report Abuse

up up moving good

Posted by abangadik > 2016-11-22 11:31 | Report Abuse

vroom vroom..

Posted by kenken85 > 2016-11-22 23:21 | Report Abuse

warrant new high again.nice.. good QR coming?

Posted by SeiZai > 2016-11-25 17:54 | Report Abuse

qtr result not bad.....

Posted by Pohhong > 2016-11-25 21:00 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5270357

Posted by zhangliang > 2016-11-28 14:59 | Report Abuse

can collect? Results seems v good! record high 10+ eps right

Posted by zhangliang > 2016-11-29 10:24 | Report Abuse

http://nexttrade.blogspot.my/

Posted by tradeview > 2016-12-29 16:22 | Report Abuse

looking v attractive

Posted by optimus9199 > 2016-12-29 16:23 | Report Abuse

can buuy?

Posted by Pohhong > 2016-12-29 21:52 | Report Abuse

Tradeview. What means v attractive? Do u don't mind to share with me your opinion. Tq.

Posted by kenken85 > 2016-12-30 13:30 | Report Abuse

this is a sure buy counter. if u follow this counter long enough. it is from no liquidity to better liquidity after right issue. good earning. good prospect. dividend not bad. dont dare to buy because no ppl comment? it is the time to buy. hehe

Posted by ykhoe > 2017-01-05 22:01 | Report Abuse

Please do not forget still no updates for the two power plant contracts which will be expired this year.

Posted by Fabien Wong > 2017-01-06 18:05 | Report Abuse

Pls refer to their recent quarter report for updates of the power plants.

Posted by Fabien Wong > 2017-01-06 18:05 | Report Abuse

MFCB future growth will be driven by its hydropower project.

Posted by 10bagger10 > 2017-01-06 19:28 | Report Abuse

Fabian pro sifu, when hydro project start what is the estimate eps per year?

Posted by Dylan Yong Hua Tai > 2017-01-06 20:19 | Report Abuse

10bagger10, the hydro project already start liao...go read the last 2 quarter financial report.
Estimate 6-7cents EPS per quarter.

Posted by 10bagger10 > 2017-01-06 22:42 | Report Abuse

Then can i say future share price possible rm5-6 at least with dividen yield7-8% ma..

Posted by Dylan Yong Hua Tai > 2017-01-07 08:02 | Report Abuse

bagger, there are some current contract will be expired soon. So if there is no renew of contract, then the Hydro project will be main contribute to EPS, it is about 25-30cents per year in future, by PE of 10 the TP at around rm3. Currently share price at 2.35, buy now still have 20-30% possible profit margin.

Posted by Fabien Extraordinaire > 2017-01-07 15:09 | Report Abuse

The existing PPA of the Tawau plant will expire in December 2017. Discussions for an extension of the PPA are currently underway with Sabah Electricity Sdn Bhd (“SESB”) and an announcement will be made once the PPA extension has been signed.

Posted by Fabien Extraordinaire > 2017-01-07 15:10 | Report Abuse

MFCB will benefits from the continue strengthening of US dollar too as the earnings from the Hydropower project is denominated in USD.

Posted by James > 2017-01-11 12:19 | Report Abuse

TP rm3.00

Posted by kenken85 > 2017-01-11 15:16 | Report Abuse

any news?

Posted by James > 2017-01-12 12:11 | Report Abuse

http://www.sinchew.com.my/node/1604717


吉隆坡11日讯）市场憧憬美佳第一（MFCB，3069，主板贸服组）下个月公告的全年业绩有望报捷，进而提振股价走势，盘中一度高涨12仙至2令吉45仙。

美佳第一开高走高，午盘一度急升至2令吉45仙后，过后面对套利，进而收窄升幅，全天共起3仙至2令吉36仙。

美佳第一旗下共有3项核心业务，分别是发电、采矿及产业发展。

截至去年9月为止，该公司首9个月营业额与净利各涨46.8%及37.18%，报6亿3050万3000令吉及8615万6000令吉。

不过，股息则比前期减少1仙，只派发2仙股息。



股价：2令吉36仙
总股本：4亿190万股
市值：9亿4848万4000令吉
最新季度营业额：2亿1502万1000令吉
最新季度盈亏：净利3590万8000令吉
每股净资产：2令吉90仙
本益比：6.79倍
周息率：3%
大股东：吴南建（译音）约33.61%

Posted by Fabien Extraordinaire > 2017-01-12 16:07 | Report Abuse

What does it say? Can translate to english

Posted by Stock2017 > 2017-01-13 06:20 | Report Abuse

Market forecasts MFCB would show good results in its quarterly reports to be announched next month. Due to that, its share price has moved to 2.45 highest on 11/01/2017. Brief translation from the above.

Posted by Fabien Extraordinaire > 2017-01-13 21:21 | Report Abuse

Conservative valuations of MFCB:
1) Based on annualised EPS = 39.79 sen (Q4 forecast EPS to be 9.95 sen) and average PER of 7.55, TP = 3.00
2) Assuming average FCF of 70 mil (lower than latest FY 2015: 87 mil) growing at inflation rate of 2% (very conservative) with WACC of 9.8%, FCF per share = 3.65
3) SOP valuations by Public Bank = 3.16

I think we can safely conclude that the intrinsic value of MFCB is at least RM3.

Posted by 10bagger10 > 2017-01-17 13:47 | Report Abuse

so.... can up now?

Posted by Tai KT > 2017-01-17 20:56 | Report Abuse

Buy.