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

leong1188

58 posts

Posted by leong1188 > 2020-04-20 17:25 | Report Abuse

pls refer to the operating cash flows forecasts from the analyst research report. The operating cashs flow easily rakes in more than RM280m a year starting from this yr.

speakup

26,524 posts

Posted by speakup > 2020-04-23 22:17 | Report Abuse

GOOD NEWS!!!!!!! MCO extended another 2 weeks! Market will bull again tomorrow just like last time when MCO extended!
GET READY TO SAI LANG TOMORROW!!!!
MCO BRING OUT THE BULL!!!!

popo92

578 posts

Posted by popo92 > 2020-04-29 19:32 | Report Abuse

cash cow engine just start, 700m borrowings is just peanut to them now

pjseow

2,264 posts

Posted by pjseow > 2020-04-30 15:00 | Report Abuse

MFCB is touching 5.00 again. Good rebound . This stock rebound the most compared with other stocks except the glove stocks which benefitted from corona virus outbreak

Posted by shareinvestment7 > 2020-04-30 22:14 | Report Abuse

Hydropower plant already start running profit since early this year. The hydropower plant supplies electricity to Laos government everyday. Corona Virus has no impact to its earning. Expect a Good QR ahead in May.

gemfinder

6,880 posts

Posted by gemfinder > 2020-04-30 23:13 | Report Abuse

Hope to get bonus isue

MJ Lee

394 posts

Posted by MJ Lee > 2020-05-02 10:42 | Report Abuse

estimated profit generated from power plant is 60-70m usd. other services (lime, rental) 20mill. do u think mfcb will not be able to handle merely 700m? haha

MJ Lee

394 posts

Posted by MJ Lee > 2020-05-02 10:43 | Report Abuse

I'm waiting for bonus issue too

MJ Lee

394 posts

Posted by MJ Lee > 2020-05-02 10:43 | Report Abuse

go to rm7. then bonus issue. 1 to 1. then 3.5 go to 7 again.wowooo

mike168

67 posts

Posted by mike168 > 2020-05-04 15:00 |

Post removed.Why?

pjseow

2,264 posts

Posted by pjseow > 2020-05-05 12:54 | Report Abuse

mike168, I think the article you posted is on Jaks . I t should be posted in i3 forum

pjseow

2,264 posts

Posted by pjseow > 2020-05-06 10:55 | Report Abuse

mfcb continue with its uptrend hitting 5.12. This is just 8 % lower than the previous peak of 5.50.
Based on public invest report, the Don Sahong power plant is not affected by the corona virus pandemic. With the much lower interest rate, mfcb will save about 23 million per year. Besides, the exchange rate of 4.35 vs 4.00 will increase profitability since Don Sahong is paid in.US Dollars. With these improvements, I estimated its annual eps of more than 60 sen. This translate into PE ratio of 8.5 only.

MJ Lee

394 posts

Posted by MJ Lee > 2020-05-06 14:14 | Report Abuse

pjseow.

USD strengthening definitely help alot. also with the low interest rate.

Water is still free. thats what the message i want to convey.

60sen is fair. Conservative number. Now PE at 15. Give some discount to the PE to 12, still looking at rm7.2.

39% capital gain with sustainable revenue all year long. Chances of Dividend.

I guess its a good investment

pjseow

2,264 posts

Posted by pjseow > 2020-05-06 16:40 | Report Abuse

MJ Lee, mfcb is my number 1 investment in my portfolio. Fundamentally,.mfcb is a good stock. In last qtr result, the management announced a.6 sen dividend . Based on public invest report, a 30 sen dividend per year is possible if mfcb can make consistent profit of 250 million as projected annually. . The dividend yield is about 6 % at current price.

KL Tneoh

805 posts

Posted by KL Tneoh > 2020-05-13 14:25 | Report Abuse

MFCB just been added in to MSCI small cap indexes

gemfinder

6,880 posts

Posted by gemfinder > 2020-05-13 14:26 | Report Abuse

Wow realy ka? Rm6 coming!!!! Huat huat

Posted by Jeffreyboy > 2020-05-13 14:31 | Report Abuse

KL Tneoh, Any news link about MSCI small cap added MFCB?

KL Tneoh

805 posts

Posted by KL Tneoh > 2020-05-13 14:51 | Report Abuse

@Jeffreyboy I don't have a link, I only got a picture file on the latest updated list

Joe Ng

210 posts

Posted by Joe Ng > 2020-05-13 15:39 | Report Abuse

limit up hahaha

Joe Ng

210 posts

Posted by Joe Ng > 2020-05-13 15:39 | Report Abuse

the news would come out soon

Posted by Jeffreyboy > 2020-05-14 07:54 | Report Abuse

KL Tneoh and Joe Ng, thanks for sharing! hope for breaks 6.0....

Posted by GeniusTinker > 2020-05-15 15:05 | Report Abuse

Definitely will break RM6, entering into bullish mode since early this month.

Posted by GeniusTinker > 2020-05-15 17:51 | Report Abuse

Today good closing, signal show that MFCB is preparing for rocket up.

Posted by Jeffreyboy > 2020-05-18 08:36 | Report Abuse

Any news of MFCB QR date? Before Raya or After Raya?

VivoPrince

126 posts

Posted by VivoPrince > 2020-05-18 16:55 | Report Abuse

Wow! Back to testing the RM5.60 level again. Have been ignoring MFCB ever since the MCO started on March 18.

Posted by Fabien "The Efficient Capital Allocater" > 2020-05-18 16:59 | Report Abuse

i remember back in March, ppl were selling as low as RM3.10. it had since rebounded and never look back

VivoPrince

126 posts

Posted by VivoPrince > 2020-05-18 17:12 | Report Abuse

@ Fabien. Frankly, I had given up, cursing myself profusely for not disposing the counter at RM5.55. Alas, MFCB is destined to scale greater heights!!!

MJ Lee

394 posts

Posted by MJ Lee > 2020-05-18 18:08 | Report Abuse

6 sen dividend guys

pjseow

2,264 posts

Posted by pjseow > 2020-05-19 10:03 | Report Abuse

mfcb hit 5.63, higher than previous peak .

Invest_168

549 posts

Posted by Invest_168 > 2020-05-19 10:16 | Report Abuse

Really crazy...this MFCB is breaking previous high.....If you missed MFCB...will you let JAKS go again?

gemfinder

6,880 posts

Posted by gemfinder > 2020-05-19 10:56 | Report Abuse

yahooooo..6 coming

steady31

318 posts

Posted by steady31 > 2020-05-19 11:31 | Report Abuse

LOOKS LIKE mfcb GOING TO REPORT A SET OF FABULOUS RESULT.maybe on track for 350m a year or eps of 0.78 .The share price likely to be over 7.00

gemfinder

6,880 posts

Posted by gemfinder > 2020-05-19 11:33 | Report Abuse

hopefuly, bonus issue!!!!!!

gemfinder

6,880 posts

Posted by gemfinder > 2020-05-19 11:36 | Report Abuse

HUAT AHHHH

MJ Lee

394 posts

Posted by MJ Lee > 2020-05-19 14:22 | Report Abuse

yeah

MJ Lee

394 posts

Posted by MJ Lee > 2020-05-19 14:22 | Report Abuse

if qr good. buying 2nd round

MJ Lee

394 posts

Posted by MJ Lee > 2020-05-19 14:23 | Report Abuse

when is the qr btw?

gemfinder

6,880 posts

Posted by gemfinder > 2020-05-19 16:15 | Report Abuse

soon.. this month

investor77

802 posts

Posted by investor77 > 2020-05-19 17:07 | Report Abuse

definitely good news coming. This can be seen in declaring 6 cents dividend before results out.

Also, various call warrants on uptrend. Call Warrant CH is a good value buy.

gemfinder

6,880 posts

Posted by gemfinder > 2020-05-19 21:23 | Report Abuse

Tomorow c u at 6. Huat ahhhh

investor77

802 posts

Posted by investor77 > 2020-05-19 21:26 | Report Abuse

Tomorrow Call Warrant will up more. MFCB has never declared such high dividend for the first quarter !!

Last quarter, their eps was fantastic. This quarter, lagi fantastic ?

will this cause Jaks re-rating ?

gemfinder

6,880 posts

Posted by gemfinder > 2020-05-19 21:27 | Report Abuse

Jaks? Not in the picture la. Loss making..

Posted by EngineeringProfit > 2020-05-19 21:45 | Report Abuse

huat ar

Posted by Stevecheahsw > 2020-05-19 21:57 | Report Abuse

6 cents dividend is 2019

gemfinder

6,880 posts

Posted by gemfinder > 2020-05-20 10:39 | Report Abuse

huat AHHHH

Joe Ng

210 posts

Posted by Joe Ng > 2020-05-20 11:51 | Report Abuse

wait for qr... should be really good profit and dividend

Joe Ng

210 posts

Posted by Joe Ng > 2020-05-20 11:53 | Report Abuse

if you are a patient long term investor in this company you get rewarded
i think the analysts trust the directors of the company and this is why they give coverage of mfcb instead of jaks..
for jaks, need to see real profit and dividend for it to rocket

Posted by GeniusTinker > 2020-05-20 11:54 | Report Abuse

I love MFCB, haha. First non glove-related company to break new high after the super bear in mid March. You can sense how bullish is this company. Those sold at 3.10 2 months ago must be heart attack at the moment.

gemfinder

6,880 posts

Posted by gemfinder > 2020-05-20 12:21 | Report Abuse

HUAT AHHH. RM6

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