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

RowBoat

1 posts

Posted by RowBoat > 2020-01-08 11:03 | Report Abuse

Great news

pjseow

2,264 posts

Posted by pjseow > 2020-01-08 13:43 | Report Abuse

Good news. thanks fir the sharing KL Kneoh

limcs

157 posts

Posted by limcs > 2020-01-09 21:38 | Report Abuse

Wow very good news!

limcs

157 posts

Posted by limcs > 2020-01-09 21:39 | Report Abuse

@shareinvestor88 , buy tp rm9 ?

utopia86

30 posts

Posted by utopia86 > 2020-01-10 08:35 | Report Abuse

The light at the end of the tunnel is getting brighter now!!

pjseow

2,264 posts

Posted by pjseow > 2020-01-10 09:33 | Report Abuse

wow. mfcb is set to make another record high today.

ong4965

23 posts

Posted by ong4965 > 2020-01-10 10:06 | Report Abuse

Hope shareinvestor88 can enjoy the show together with us.

limcs

157 posts

Posted by limcs > 2020-01-10 10:51 | Report Abuse

@shareinvestor88 , buy tp rm 9 ??

The_Reds

2,025 posts

Posted by The_Reds > 2020-01-10 11:18 | Report Abuse

I hope shareinvestor88 come back here...he is the only antagonist in this forum...i feel uneasy without him here

limcs

157 posts

Posted by limcs > 2020-01-10 11:24 | Report Abuse

@shareinvestor88 , please come back and comment more here ! :P

gemfinder

6,880 posts

Posted by gemfinder > 2020-01-10 11:26 | Report Abuse

bonus issue coming!!!!!

ong4965

23 posts

Posted by ong4965 > 2020-01-10 11:29 | Report Abuse

Must give our hero some-times lah ( he's busy TP other counter :) , he will be back soon.

limcs

157 posts

Posted by limcs > 2020-01-10 11:40 | Report Abuse

@ong4965, i miss @shareinvestor88

ong4965

23 posts

Posted by ong4965 > 2020-01-10 11:46 | Report Abuse

@limcs , i mss him too.

Posted by 般若 金刚 > 2020-01-10 12:03 | Report Abuse

think will announcement project has achieved full and complete commercial operation.

utopia86

30 posts

Posted by utopia86 > 2020-01-10 12:09 | Report Abuse

His worry about nobody buying electricity or someone won't pay electricity bill has been proven wrong. Even Director Jona from Ministry of Energy Cambodia reiterate on the buying price.

fattycat

689 posts

Posted by fattycat > 2020-01-10 12:39 | Report Abuse

Yeah~~~~

Davidl

1,816 posts

Posted by Davidl > 2020-01-10 12:42 | Report Abuse

More to go! Fund manager keeps buying, we shall c 6 very soon!

The_Reds

2,025 posts

Posted by The_Reds > 2020-01-10 13:30 | Report Abuse

Anyone who thinks that Cambodia cannot afford to buy electricity, u shud take a day off and fly there to see what's going on down there..

paperplane

21,637 posts

Posted by paperplane > 2020-01-10 13:38 | Report Abuse

wow, great company.

fattycat

689 posts

Posted by fattycat > 2020-01-10 14:39 | Report Abuse

Can change new Prada this year ~yeah

gemfinder

6,880 posts

Posted by gemfinder > 2020-01-10 15:03 | Report Abuse

waaaa rm6 coming!!!!!

kenken85

724 posts

Posted by kenken85 > 2020-01-10 15:10 | Report Abuse

fattycat suggest u don't sell. keep 5 years, then u can buy panda not Prada

VivoPrince

126 posts

Posted by VivoPrince > 2020-01-10 15:24 | Report Abuse

Unbelievable but true. I think better be moderate in our expectations. The first hurdle is RM5.50.

lloydlim

3,965 posts

Posted by lloydlim > 2020-01-10 15:35 | Report Abuse

There is a fantastic analysis report of MFCB releasing soon at the corner, stay tuned!

gkyt88

109 posts

Posted by gkyt88 > 2020-01-10 16:03 | Report Abuse

what happen

Davidl

1,816 posts

Posted by Davidl > 2020-01-10 16:12 | Report Abuse

Foreign funds start buying! Go Go Go!

Davidl

1,816 posts

Posted by Davidl > 2020-01-10 16:18 | Report Abuse

Expected EPS around 55 - 60cts for FY2020

steady31

318 posts

Posted by steady31 > 2020-01-10 16:45 | Report Abuse

can confirm foreigners buying at above 540s.that means stock can go higher

bzeew

318 posts

Posted by bzeew > 2020-01-10 17:23 | Report Abuse

New Year Ang Pow

Posted by kysham76 > 2020-01-10 17:43 | Report Abuse

wohooo.......!

The_Reds

2,025 posts

Posted by The_Reds > 2020-01-10 19:35 | Report Abuse

thank god...shareinvestor88 is here at last

Posted by Samtuckfatt > 2020-01-10 22:29 | Report Abuse

I think shareinvestor88 is shouting 烧 烧。
越烧(Sell) 越 旺。

Joe Ng

210 posts

Posted by Joe Ng > 2020-01-10 23:15 | Report Abuse

Haha shareinvestor88 u making a fool of urself

Posted by Samtuckfatt > 2020-01-11 11:15 | Report Abuse

Shareinvestor88 actually says 烧 烧 。。越sell (烧) 越旺。

Davidl

1,816 posts

Posted by Davidl > 2020-01-11 12:43 | Report Abuse

Price is heading towards 6 guys! Cheers for MFCB

bzeew

318 posts

Posted by bzeew > 2020-01-11 15:18 | Report Abuse

Strong buy.

gemfinder

6,880 posts

Posted by gemfinder > 2020-01-11 16:26 | Report Abuse

Looks like public bank wil revise up tp after superb feb result

pjseow

2,264 posts

Posted by pjseow > 2020-01-11 19:19 | Report Abuse

gemfinder, when a tgt.price is.set or propoased, it is meant for the future be it short term, medium term or longer term. The recent steep price increase is in line with an expected bumper Q4 result as projected bythe 2 ibs in Nov. I also believe that IBs will upgrade the tgt prices in their next report. But the upgrade is not because of Q4 result but with the potentials of making huge earnings from the sale of electricity fromQ1 2020 onwards

gemfinder

6,880 posts

Posted by gemfinder > 2020-01-11 19:59 | Report Abuse

Indirectly u mean wil b d case for jaks? Sory to say, no loh

pjseow

2,264 posts

Posted by pjseow > 2020-01-11 21:56 | Report Abuse

Gemfinder, you are entilted to your opinion. The fact was that despite mfcb had a bad Q3 results both in terms of qoq and yoy, both IBs upgraded the tgt prices from rm 5.00 to 5.50 by maybank and from 5.04 to 5.71 by Public Invest respectively. As for Jaks ,.I will.give my more detailed comments in.Jaks forum. Both public invest and affin.bank also upgraded the Jaks tgt prices by 33.3 and 20 % respectivrly despite poorer qoq result in Q3. What is the key factor which.make these IB s to upgrade their tgt prices despite poorer results than previous qtrs.?

Posted by Samtuckfatt > 2020-01-11 22:20 | Report Abuse

That is similarity between sharesinvestor88 comment in MFCB with Gemfinder in Jaks.

Hopeful

49 posts

Posted by Hopeful > 2020-01-12 05:27 | Report Abuse

No doubt the Don Sahong Power Division will be the superstar business segment for MFCB for years to come.

What about their Solar Division? Maybe this will develop into another profitable segment.

Extract from MFCB Bursa announcement on 14 August 2019 :

(ii) OPTION AGREEMENT ENTERED BETWEEN MENTERI BESAR INCORPORATED (PERAK) AND
BAYANGAN SUTERA SDN BHD
1. INTRODUCTION
Bayangan Sutera Sdn Bhd, a 80% indirect subsidiary of the Company (“BSSB”) had on 13
August 2019 entered into an Option Agreement with Menteri Besar Incorporated (Perak)
(“MB Inc.”).
2. DETAILS OF THE OPTION AGREEMENT
2.1 The Land
MB Inc. is the registered proprietor of an approximately 688.89 acres 99-year leasehold land
in Daerah Kinta in the state of Perak Darul Ridzuan. (“the Land”)
2.2 Consideration
BSSB hereby agree to fully and unconditionally accept the assignment of the commitment fee
paid by Teratai ANR Sdn Bhd (“TASB”)/Teratai Kembara Sdn Bhd (“TKSB”) pursuant to the
Deed of Revocation entered with the detailed as mentioned in the above announcement.
2.3 Option
BSSB shall be entitled from time to time and at any time within the Option Period (as set forth
below) to :
i. to lease the Land from MB Inc.; or
ii. to buy the Land with MB Inc.
2.4 Option Period
Option period commencing from the date of this Option Agreement until 31 December 2020
or such later as may be agreed between MB Inc. and BSSB for BSSB to exercise either the
option to lease or to buy the Land.
A further detailed announcement will be made when the option is exercised by BSSB during
this Option Period.

Hopeful

49 posts

Posted by Hopeful > 2020-01-12 05:40 | Report Abuse

Extract from Public Bank Invest Research :

Eyeing solar projects. MFCB and Pekat Teknologi S/B have recently established a 55: 45 joint venture called MFP Solar S/B to undertake solar projects up to 10MW in Malaysia, which is believed to give far better investment returns of 10%-12%. MFP Solar S/B will be the engineering, procurement and construction and commissioning (EPCC) contractor to undertake the installation of solar power projects on the rooftop of industrial and commercial buildings under various models, namely, Build-Operate Transfer (BOT), outright sale or leasing. MFCB will ride on Pekat Teknologi’s vast experience in the solar industry. For a start, the JV intends to tap on multi-national companies for opportunities.

So, if we add the above move with Minister Yeo Bee Yin's push ( see article below) for more Renewable Energy, then MFCB's future has just become more and more cantik...

https://www.theedgemarkets.com/article/special-report-reform-fast-becoming-only-choice

bzeew

318 posts

Posted by bzeew > 2020-01-12 11:32 | Report Abuse

Yes, more and more cantik.

lloydlim

3,965 posts

Posted by lloydlim > 2020-01-12 12:24 | Report Abuse

10MW project in Solar industry just a small project but consider a good start.

Dangel

422 posts

Posted by Dangel > 2020-01-12 16:23 | Report Abuse

Time to load more!

James Ng

2,696 posts

Posted by James Ng > 2020-01-12 21:26 | Report Abuse

https://klse.i3investor.com/blogs/general/2020-01-12-story-h1482127039.jsp
[转贴] [Facebook live video:浅谈Mega First Corp Bhd (MFCB)] - James的股票投资James Share Investing

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