Posted by noobbie > 2017-02-27 17:26 | Report Abuse

qr released...hihi

Posted by KLCI King > 2017-02-27 17:33 | Report Abuse

Congratulation!

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5348645

Posted by noobbie > 2017-02-27 17:42 | Report Abuse

congrats all...202% qoq

Posted by abangadik > 2017-02-27 17:44 | Report Abuse

good management, progress on track. Public Bank will renew their TP and possible upgrade? If PE 10 berapa lui? kekekeke....

Posted by theintinvestor > 2017-02-27 18:34 | Report Abuse

Y warrant drop lol

Posted by theintinvestor > 2017-02-27 20:32 | Report Abuse

dividend for 2016 = 5 cents , 2015 = 8 cents, profit yoy increased 35% ...any comments on the lower dividend? hmph

Posted by Fabien Extraordinaire > 2017-02-27 20:41 | Report Abuse

Q1 2016 Q2 2016 Q3 2016 Q4 2016
Revenue 218,310 197,575 215,021 283,329
PBT 40,309 47,993 51,451 59,872
Net Profit 23,595 26,653 35,908 34,585
PBT % 18.46% 24.29% 23.93% 21.13%
NP % 10.81% 13.49% 16.70% 12.21%
EPS 10.56 8.54 10.74 10.01

Posted by theintinvestor > 2017-02-27 21:39 | Report Abuse

thanks hippo

Posted by abangadik > 2017-02-27 21:56 | Report Abuse

Hippo is very good with his numbers and pick! I like!!

Posted by younginvestor92 > 2017-02-27 21:59 | Report Abuse

Huat ah

Posted by optimus9199 > 2017-02-28 06:22 | Report Abuse

good show

Posted by noobbie > 2017-02-28 09:54 | Report Abuse

flyyy to the mars

Posted by rchi > 2017-02-28 10:34 | Report Abuse

:)

Posted by younginvestor92 > 2017-02-28 10:39 | Report Abuse

pe 9 for high growth stock, net cash company

Posted by theintinvestor > 2017-02-28 10:41 | Report Abuse

whats the TP

Posted by noobbie > 2017-02-28 10:44 | Report Abuse

no tp..its all time high..:p

Posted by optimus9199 > 2017-02-28 10:45 | Report Abuse

Joined the boat at 2.80

Posted by theintinvestor > 2017-02-28 10:46 | Report Abuse

next quarter results should be better

Posted by optimus9199 > 2017-02-28 11:30 | Report Abuse

MFCB largely gain from the hydro electric power project and forex gains only. If u strip these items out, the net revenue and profit is slightly lower vs 2015. I doubt this can be sustained

Posted by 10bagger10 > 2017-02-28 12:23 | Report Abuse

then y u join the boat?

Posted by optimus9199 > 2017-02-28 14:32 | Report Abuse

how much is the value of the hydro power project worth?

Posted by 10bagger10 > 2017-02-28 17:47 | Report Abuse

Need to top up.

Posted by 10bagger10 > 2017-02-28 18:27 | Report Abuse

Hippo sifu, if hydropower built got sourcr say can fetch 70cts eps. How true is that o?

Posted by 10bagger10 > 2017-02-28 21:11 | Report Abuse

Hippo sifu.. i m looking it as an powerful growth stock. I already earn ard 80% from warrant.

Posted by 10bagger10 > 2017-02-28 21:25 | Report Abuse

But i feel strongly the urge to top up...

Posted by Bizfuneng > 2017-02-28 22:44 | Report Abuse

Hippo sifu, can share ur DCF valuation?

-----------------------------------------
Posted by Hippo > Feb 28, 2017 04:43 PM | Report Abuse

17/10/2016... by PBB

Laos hydropower project could fetch as much as RM4.43/share. Upon the full commercial operation of the hydropower plant, we forecast that the Don Sahong Hydropower could contribute as much as RM4.43/share (WACC: 7%) based on our DCF valuation.

Posted by abangadik > 2017-02-28 22:52 | Report Abuse

This is quite detail from PBB in Oct 2016

https://drive.google.com/open?id=0B2tYhIm1T5cEMUxIeXpHQWIyejQ

Posted by theintinvestor > 2017-02-28 22:57 | Report Abuse

@Hippo Sifu, lately the mother seem to be preferred over son. At one point the warrant was at high 1.310. Warrant expiry is April 2020. If everything goes well, the Laos plant should be operational by early 2020. What are the risk of this warrant in your opinion? Thinking should top up mother or son now. Cheers.

Posted by optimus9199 > 2017-02-28 23:02 | Report Abuse

@Bizfuneng : that info was adapted from Oct 2016 PBB Invest analysis

Posted by abangadik > 2017-02-28 23:05 | Report Abuse

haahahah yes.. I had attached the link for the details report

Posted by 10bagger10 > 2017-03-01 12:53 | Report Abuse

My criteria= net cash company, buying near its nta, international business, decent roe and got pay dividend, most importantly hydropower can boost earning substantially when start business. Then i buy 1/2 mother 1/2 warrant. A lot margin safey i feel..

Posted by 10bagger10 > 2017-03-01 12:57 | Report Abuse

I hope that after hydro pwr start can have dividend yield 6-7% that time. Keep as fix income stock.. whats ur opinion hippo sifu?

Posted by theintinvestor > 2017-03-01 13:12 | Report Abuse

@10bagger10.. what is your plan for warrant since it will expire by 2020 which is when the hydro power plant starts? are you looking to hold the mother and warrant till 2020?

Posted by abangadik > 2017-03-01 13:40 | Report Abuse

hold warrant convert by then to get dividend. :D I am
looking forward to visit the powerplant upon completion.

Posted by 10bagger10 > 2017-03-01 14:14 | Report Abuse

If div good i will sell wb buy mother. If no good i sell all. If futute prospect is really good that time and got good div i subscribe all warrant.

Posted by 10bagger10 > 2017-03-01 14:17 | Report Abuse

it depends.

Posted by 10bagger10 > 2017-03-01 14:17 | Report Abuse

any better suggestion?

Posted by 10bagger10 > 2017-03-01 14:24 | Report Abuse

got blog ma... i3 one.. got ppl analyse that can fetch .7 per share when hydropower start business.

any way if we do rough calculation now current power plant how many megawatt and hydro how many megawatt we can roughly estimate future earning. but no guarentee correct ma.. but if the price is low no harm buy lor.

Posted by optimus9199 > 2017-03-01 16:30 | Report Abuse

up up up

Posted by optimus9199 > 2017-03-01 17:58 | Report Abuse

BESOK rm 3.00

Posted by Erudite > 2017-03-01 17:59 | Report Abuse

looking forward!

Posted by optimus9199 > 2017-03-01 20:36 | Report Abuse

Can Someone pls summarize the hydro power business?

MFCB is given the contract by Laos Govt to construct and build the Don Sahong Hydropower, which will be fully completed by 2020. After which, MFCB will be able to collect earnings from the generation of power from the hydro power....

Am I correct? Pls enlighten.

Posted by Fabien Extraordinaire > 2017-03-01 21:10 | Report Abuse

Yes, optimus...you are right

Posted by optimus9199 > 2017-03-01 22:08 | Report Abuse

So the total contract is worth USD 500mil ( RM 2 billion) which was awarded in Middle 2016?

How much was the expected earning per share from the hydro power?

What about the one in Tawau Sabah? What does it do there?

Posted by optimus9199 > 2017-03-01 22:58 | Report Abuse

Thanks so the bulk of earnings are coming from the construction sectors, which by end of 2017 expected to complete 50-60%. This will enhance the earnings by RM 100 -120mil more.

After 2020, MFCB will be eligible to collect payments from the Laos government (like a toll operator?)

Posted by optimus9199 > 2017-03-01 23:38 | Report Abuse

I wonder how will MFCB face the legal suit against LHDN for the RM 33mil RPGT gains? That will cause MFCB a hole in the quarterly results.

Posted by johnhuat88 > 2017-03-02 12:21 | Report Abuse

rm3. go go go

Posted by theintinvestor > 2017-03-02 12:45 | Report Abuse

warrant not moving -.-

Posted by zhangliang > 2017-03-02 16:01 | Report Abuse

another good one likely to break RM3 soon!

Posted by optimus9199 > 2017-03-02 16:35 | Report Abuse

resting day