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

Posted by SteelTerminator > 2020-05-29 16:35 | Report Abuse

PE15 is fair for 30 cents dividend over the life cycle of 25 yrs

steady31

318 posts

Posted by steady31 > 2020-05-29 17:00 | Report Abuse

PJ and all,did you see the finishing.The buyer didnt want all q to sell totalling almost 3 million up to 6.68 all kena sapu ,no escape for sellers.For sure it is going past 7 to 8s

pjseow

2,264 posts

Posted by pjseow > 2020-05-29 17:01 | Report Abuse

wow. superb closing at 6.68, up 63 sen today.

steady31

318 posts

Posted by steady31 > 2020-05-29 17:05 | Report Abuse

Very obvious the buyer very hungrey for stocks.Pre closing 6.55,matched over 3 million at 6.68.PJ, what price should we wait until,how to know when to sell?

gemfinder

6,880 posts

Posted by gemfinder > 2020-05-29 17:09 | Report Abuse

WOWOWO

VivoPrince

126 posts

Posted by VivoPrince > 2020-05-29 17:09 | Report Abuse

Wow. I was only expecting a RM6.55 closing which should be deemed satisfactory already.Truly incredible.

Posted by 般若 金刚 > 2020-05-29 17:10 | Report Abuse

some one last 10 min close eye sapu

investor77

802 posts

Posted by investor77 > 2020-05-29 17:11 | Report Abuse

Thanks PJSeow for confidence. Made some profit from Call Warrant, but sold too early. Anyway, hope interest will spill over to Jaks.

Hope after rights, price will recover to past high as
COD gets nearer.

pjseow

2,264 posts

Posted by pjseow > 2020-05-29 18:34 | Report Abuse

steady31, I will not sell until the power plant reach full potential of more than 90 %
utilization or until the total eps reach 65 sen. Well if there is 30 sen per year dividend , I wont sell . Keep it for retirement

steady31

318 posts

Posted by steady31 > 2020-05-29 19:20 | Report Abuse

PJ, your policy is good and bad.Good bcos you are going to be able to sell into its high ,bad if a sudden crash happens like what caused by Covid 19, or any future stresses from around the world,what with so many geo-political issues.As for me,I am going to be totally out by 9.00

pputeh

698 posts

Posted by pputeh > 2020-05-29 20:17 | Report Abuse

Bro its earnings is going to be consistent for the next 25 years unless some natural disaster, change in govt or management issues crop up.Just generate using hydro power. Water FREE.Dry season earnings may drop a little. However no expenses on coal/oil etc, This is a gem. Just hold tight.
Jaks will also be having its run once the PP starts. Looking for opportunity to add MFCB

popo92

578 posts

Posted by popo92 > 2020-05-29 20:52 | Report Abuse

cash cow engine start

Posted by TailWagsDog > 2020-05-29 21:34 | Report Abuse

Hey guys, why not consider what the company will do next now that this massive project is completed? You don't just sit around and do nothing with all that expertise, do you?

Posted by TailWagsDog > 2020-05-29 21:39 | Report Abuse

Execution was excellent all the way.

Posted by TailWagsDog > 2020-05-29 21:41 | Report Abuse

Hydroelectric dams are in vogue. They provide clean energy.

mamipoko

98 posts

Posted by mamipoko > 2020-05-29 22:29 | Report Abuse

When did you ever read that the company is sitting around doing nothing? haha. The company is still constructing its 5th turbine which will complete in may be 2 years? There also projects in plans and thats for you to do your own homework and find out if you wish. Management has shown to be very driven people and would not hesitate to take risk in diversification (sometimes a weakness). In any case, theres nothing wrong to sit around pretty for a couple of years after all the hard work put in. Sometimes its good to take a break =) Its value is finally being realised and well done to all those who have patiently waited for this egg to hatch.

Posted by shareinvestor88 > 2020-05-29 22:44 | Report Abuse

Buy or sell ?

Posted by TailWagsDog > 2020-05-30 00:00 | Report Abuse

I mean, company will definitely be looking for another such project. The Laos govt has plans up and down the Mekong.

Mk Jr

394 posts

Posted by Mk Jr > 2020-05-30 09:26 | Report Abuse

hold and slowly keep buying

Mk Jr

394 posts

Posted by Mk Jr > 2020-05-30 09:27 | Report Abuse

now rm8 only fair value. doesnt even include the contribution of 4th turbine and coming 5th turbine.

Mk Jr

394 posts

Posted by Mk Jr > 2020-05-30 09:28 | Report Abuse

if u selling now. Its like are u kidding me???

Mk Jr

394 posts

Posted by Mk Jr > 2020-05-30 09:29 | Report Abuse

and. this is cash cow man. by the time full valuation. that time is dividends time.

Mk Jr

394 posts

Posted by Mk Jr > 2020-05-30 09:29 | Report Abuse

not to mention, the debt 700mil. only need 3 years to totally clear out if they wanted. haha.

Mk Jr

394 posts

Posted by Mk Jr > 2020-05-30 09:30 | Report Abuse

I only hate myself coz bullet is limited

Posted by stevecheah300 > 2020-05-30 23:45 | Report Abuse

Hope bonus issue will happen soon.

VivoPrince

126 posts

Posted by VivoPrince > 2020-05-31 17:03 | Report Abuse

Fingers-crossed that MFCB shall join the glove stock bandwagon.

Posted by shareinvestor88 > 2020-05-31 17:46 | Report Abuse

I thought it is in power sector ?

gemfinder

6,880 posts

Posted by gemfinder > 2020-05-31 20:59 | Report Abuse

Rm8 on d way. Yahoo

VivoPrince

126 posts

Posted by VivoPrince > 2020-06-01 08:46 | Report Abuse

@ shareinvestor88. What I meant is that hopefully MFCB will emulate the skyrocketing prices of glove stocks. Hehe.

pjseow

2,264 posts

Posted by pjseow > 2020-06-01 09:04 | Report Abuse

A good start early in the morning. Up 42 s to 7.10.

Joe Ng

210 posts

Posted by Joe Ng > 2020-06-01 09:47 | Report Abuse

price up a bit too fast...might retrace later. Save more money to collect by then

steady31

318 posts

Posted by steady31 > 2020-06-01 10:11 | Report Abuse

buying coming back to test 7,50 and 8.00 soon

gemfinder

6,880 posts

Posted by gemfinder > 2020-06-01 13:53 | Report Abuse

Closing should be above 7

Hunter8888

505 posts

Posted by Hunter8888 > 2020-06-01 17:47 | Report Abuse

tomorrow above rm7++

gemfinder

6,880 posts

Posted by gemfinder > 2020-06-01 18:11 | Report Abuse

Tomorow 8 loh. Stil 7xx meh

Hunter8888

505 posts

Posted by Hunter8888 > 2020-06-01 19:19 | Report Abuse

not to fas0 lol...until friday maybe rm8++.today overbought

Posted by pinnaclegrade > 2020-06-01 19:24 | Report Abuse

I just spotted this gem, still can enter at this price? Seems like at its peak @ RM6.97 / RM7

VivoPrince

126 posts

Posted by VivoPrince > 2020-06-02 12:09 | Report Abuse

Holding steady amid profit-taking.

steady31

318 posts

Posted by steady31 > 2020-06-02 13:50 | Report Abuse

very clear funds are using this weakness to collect .If they buy at this level,20% upside is 8.10 and 30% is 8.80,a good 2.00 gain

Joe Ng

210 posts

Posted by Joe Ng > 2020-06-02 16:17 | Report Abuse

can buy for long term nevermind, 25 years stable profit and dividend

Joe Ng

210 posts

Posted by Joe Ng > 2020-06-02 16:17 | Report Abuse

Later get new powerplant project limit up hahaha

VivoPrince

126 posts

Posted by VivoPrince > 2020-06-02 16:54 | Report Abuse

Shot up all of a sudden???

Hunter8888

505 posts

Posted by Hunter8888 > 2020-06-02 17:36 | Report Abuse

good closing today hahaha....now can cantineu up tomorrow.this friday rm8++ go go up

Posted by Clareldine > 2020-06-02 18:30 | Report Abuse

Does anyone knows when QR will be out?

gemfinder

6,880 posts

Posted by gemfinder > 2020-06-02 18:47 | Report Abuse

Suda out la. U tidur ke

KL Tneoh

805 posts

Posted by KL Tneoh > 2020-06-02 21:56 | Report Abuse

EFF added more than 10 millions shares, currently holding 14+ millions shares (as at the latest annual report released today)

Posted by Stevecheahsw > 2020-06-04 22:43 | Report Abuse

Good to hear that

KL Tneoh

805 posts

Posted by KL Tneoh > 2020-06-09 11:00 | Report Abuse

After RHB gave MFCB a valuation of $8.58, Public Investment Bank follow with the upgrade to $7.47 from $6.74.

Good news is the fifth turbine is confirmed and the work shall start by 2 half of the year. (the tender of the project just completed recently)

Current power plant running rate is 92%, and expected to lift up to 94/95% by 2nd half of the year.
09/06/2020 10:58 AM

pjseow

2,264 posts

Posted by pjseow > 2020-06-09 13:05 | Report Abuse

KL Neoh, thanks for the update. It is indeed good news .Can you help to provide the link for RHB Report.

KL Tneoh

805 posts

Posted by KL Tneoh > 2020-06-09 13:38 | Report Abuse

@pjseow I can't post the link here, not too sure why? I can email you the PDF file if you want?

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