Earning per share or eps is the most important factor driving sgare prices although there are other important factors like earning growth, cash flow, ROE, dividend yield .If you compare the eps of mfcb with ytl and malakoff, you can see a world of difference . mfcb eps is between 15 to 20s per.qtr whereas the others are between less than 1 sen to 2 sen in the last one year
Institutional shareholders for MFCB: Fidelity Management & Research Co. LLC as of 25 Aug 2020 30.57m 6.23% FIL Investment Management (Singapore) Ltd. as of 30 Jun 2020 4.51m 0.92% Dimensional Fund Advisors LP as of 30 Jun 2020 4.25m 0.87% AIA Bhd.as of 13 May 2020 2.52m 0.51% Affin Hwang Asset Management Bhd. as of 13 May 2020 1.84m 0.38% PMB Investment Bhd.as of 30 Jun 2020 1.69m 0.34% Maybank Asset Management Sdn. Bhd. as of 31 May 2020 1.24m 0.25% BlackRock Fund Advisors as of 05 Aug 2020 1.05m 0.21% Pheim Asset Management Sdn. Bhd.a s of 30 Jun 2020 731.05k 0.15% AmFunds Management Bhd. as of 31 May 2020 517.60k 0.11%
Laos faces a growing risk of debt distress and sovereign default, according to credit rating agencies and economic advisers, as coronavirus and a debt-laden power sector take their toll on one of Asia’s poorest countries.
80 % of Don Sahong electricity is sold to cambodia which run.short of electricity for the next few years due to rapid developments from chinese investors.
pputeh, you can check from one of the public invest report in 2019. Either q2 or q3 report. MFCB had to construct a special.transmisiion line from Don Dahong to Cambodia for the sale of electricity to cambodia. The balance is.used by Laos goverment . In fact Laos government make some money from the mark up .of 6.15 cts to 7.00 cts per kwh from the electricity dale to cambodia
pputeh, you can read the public.invest report dated 16th jan 2020 titled Begin transmission to cambodia . The Laos givernment sell 195 MW to cambodia at 7.29 cts Per kwh while the balance 65 MW is used in Laos . Laos government buy at a rate of 6.15 cts from MFCB.
Karlos, the.company Electricite du Laos ( like TNB equivalent) will buy electricity from IPP Don Sahong power plant and sell it to Cambodian TNB equivalent. It is company to company dealings . Nothing to do will Laos national debts . TNB will continue to pay its IPP regardless of how big is our malaysian government debts. I dont see any linkage of Don.Sshong.IPP with Laos national debts.
Gd Morning pjseow. Thanks for info and how the equivalent of TNB is selling the power to the Cambodian govt directly. Much obliged. Misinformation leads some to have wrong perception
Did you guys notice MFCB revise the agreement to lease land from the Perak government to accomodate 2 units of 50MW solar projects which they are hopeful of getting under LSS4 tender by year end 2020.If they are successful MFCB will fly above 9.00
The price drop is due to general poor market sentiments . If you look at the earnings of last five years, mfcb has an CAGR of 29 % which.is superb . If you look at last 15 years, it has an earning CAGR of 15 %. Compare with Malakoff which has negative earning growth in the last 5 years, mfcb deserve a.higher PE than malakoff which is between.12 to 15.While.the DS power plant provide consistent earning in.the next 25 years, the solar , resource , label and packaging businesses will provide growth in futurrs.
Mkt needs to absorb FMR shares as they are exiting. Also, look like for now its share maybe almost fully valued as it is malaysian mkt, which may only give PE 10, unless it has other catalyst like packaging company far exceeding expectation, or give higher than current dividend yield.
hahahah coming quarter expected to be the best quarter ever. My forecast PAT 90mil as energy factor around 95% and the contribution from limestone and packaging sector! TP1=Rm9.5 TP2=RM12 TP3=RM13.5
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
terence775
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Posted by terence775 > 2020-08-28 17:30 | Report Abuse
Actually, what do you want to know when you are asking for differences?