Posted by gemfinder > 2020-11-19 18:26 | Report Abuse

Growth in all bisness segment

Posted by Evelyn > 2020-11-19 18:39 | Report Abuse

Management continues to source for new business opportunities to expand its investments in C&I solar photovoltaic projects. At present, the Group has secured five (5) Solar C&I projects with a total installed capacity of 17MW. The first project of 1.5 MW has commenced commercial production in August 2020. The remaining secured projects are expected to be progressively implemented over the next 12-15 months.

Posted by kenken85 > 2020-11-19 18:42 | Report Abuse

as expected. another boring QR. haha. dont shoot me guy. everything smooth sailing as planned. .. and i just keep as planned.

Posted by Beast3 > 2020-11-19 18:53 | Report Abuse

Nice QR.

This counter uptrend. Very good

Posted by Beast3 > 2020-11-19 19:17 | Report Abuse

Long term so profitable. Love

Posted by gemfinder > 2020-11-19 22:12 | Report Abuse

Tis round..can touch rm8.50

Posted by pjseow > 2020-11-20 07:21 | Report Abuse

MFCB Q3 profit of 89.5 millions is a record profit in the history of mfcb financial. This is achieved with contributions from the 3 businesses of power generation, resource and packaging. The cash flow from.operation has also improved with a nett cash of 250 millions generated in the cumulative 3 qtrs. Q3 itself generated 127 millions nett cash from operation. The packaging business is seeing exponential growth in both revenue and profits. The management expects a better profits in Q4 from Don.Sahong power .

Posted by linjie > 2020-11-20 08:48 | Report Abuse

To cope with growing domestic and overseas demand, the division has embarked on
a major expansion program to increase the production capacity of paper bags by 200%
by end 2021 and production capacity of flexible packaging by 100% by end 2021. The
expansion, including the construction costs of two new factories, is expected to cost
about RM120 million over the next 2 years.

Posted by abdullah53 > 2020-11-20 09:50 | Report Abuse

another typical cina man company here, making quarterly profit, expanding business here and there, but zero divident for share holder, low volume, price stagnant and trending down, better cut losses and move to other counter.

Posted by kai8994 > 2020-11-20 10:04 | Report Abuse

No dividend? Read carefully buddy.

The interim of 6c matched 2019 full year dividend already. Expecting a better final dividend next quarter :)

Posted by pjseow > 2020-11-20 10:11 | Report Abuse

mfcb paid 6 sen dividend in.August 2020 and will pay another 6 sen on 2nd Dec.

Posted by kai8994 > 2020-11-20 10:19 | Report Abuse

Just like Serba DK, it's unfortunate that one of the substantial investors decided to pare down their stake. However this will not last forever.

In actual fact the share price hovers around RM7+ suggests that the selling is actually well absorbed by market / perhaps another large shareholder. The share price will start moving upward fast once the selling is done.

MFCB is a proven well run company. Just be patient and wait for the next catalysts (a) even better Q4 profit from Don Sahong, (b) higher dividend, (c) potential LSS project to materialise...

Posted by I3stock > 2020-11-20 10:19 | Report Abuse

ya, the dividen been announced on 10 Nov

Posted by pjseow > 2020-11-20 10:33 | Report Abuse

There is a kenanga call warrant expiring on.30 Nov with a conversion price of 5.20 and exercise ratio of 5 to 1. Anyone know what is original price offered by kenanga. I suspect somebody is trying to depress the price so that the issuer do not need to top up so much for the warrant settlement

Posted by pjseow > 2020-11-20 10:39 | Report Abuse

Fske news like no dividend are.spread to get peoples to sell.to depress the price

Posted by gemfinder > 2020-11-20 10:50 | Report Abuse

sold all 7.40. TQVM

Posted by kenken85 > 2020-11-20 11:16 | Report Abuse

gemfinder can i know why u sell it? , Growth in all bisness segment- this is what u comment yest. jus to share ur thought if u dont mind.

Posted by terence775 > 2020-11-20 11:21 | Report Abuse

I added more at 7.35, I knew for sure after QR will have some selldown so I waited a bit haha.

Posted by abdullah53 > 2020-11-20 12:15 | Report Abuse

why is there 0.00 divident announced for Period 30 Sep 2020 in Summary of Key Financial info
30 Sep 2020 in KLSE ?

Posted by JayC88 > 2020-11-20 12:44 | Report Abuse

terence775 u are so smart!

Posted by Cheong88 > 2020-11-20 12:48 | Report Abuse

Abdullah 53
"B9. Dividends
(a) A final single-tier dividend of 6.0 sen per ordinary share for the financial year
ended 31 December 2019 amounting to RM28,420,725 was paid on 25 August
2020 and has been included as a liability in these financial statements.
(b) The Board has declared an interim single-tier dividend of 6.0 sen per ordinary
share in respect of the financial year ending 31 December 2020 to be paid on 2
December 2020 based on shareholders registered on 25 November 2020 . This
dividend has not been included as a liability in these financial statements; and
(c) The total dividend declared to-date for the current financial year is 6.0 sen (30
September 2019: nil) per ordinary share. "

Posted by gemfinder > 2020-11-20 14:13 | Report Abuse

mayb I feel the result is expected, not a wow. Definitely I wil buy back if there is a chance

Posted by terence775 > 2020-11-20 15:25 | Report Abuse

Jay, good to see you here too. PE10 for a company with strong and sustainable earnings visibility and growth? count me in man..

Posted by brendonyeap > 2020-11-20 22:41 | Report Abuse

My TP for this stock is RM 9.50 based on PE 15x.

The coming Q4 results will be much better.

Posted by pjseow > 2020-11-20 22:56 | Report Abuse

Public lnvest latest report give a new TP of 8.62 .

Posted by UndukNgadau > 2020-11-21 12:58 | Report Abuse

I totally agree with BrendonYeap. PE 15x.

Posted by RainT > 2020-11-21 15:21 | Report Abuse

TP RM12

Posted by LongTermInvestor8 > 2020-11-21 17:08 | Report Abuse

Will the market crash if budget 2021 cannot be passed this coming Thursday (26/10/2020)? These are the 4 possible scenarios:

1. Parliament will be dissolved and a snap election will be called
2. A state of Emergency in the whole country will be declared by YDPA
3. Muhyiddin will resign and YDPA will appoint an interim PM
4. YDPA will appoint a new PM who has majority MPs support. A new budget 2021 also will be tabled by the new appointed PM.

Will the market go down? Will it crash? Take profit now or wait?

-----------------------------------------------------------------

Price correction coming as shown in TA chart. RSI at 80% all time high. MACD all time high and about to cross like previous crossing. Volume down

Posted by BabyAce > 2020-11-21 18:18 | Report Abuse

This stock is really an amazing Company.

Posted by Erudite > 2020-11-21 18:24 | Report Abuse

Agree gud one. Best power co, MFCB!

Posted by flyingtomoon2020 > 2020-11-21 23:52 | Report Abuse

Mfcb gogogo

Posted by flyingtomoon2020 > 2020-11-21 23:52 |

Post removed.Why?

Posted by UndukNgadau > 2020-11-23 10:05 | Report Abuse

Just bought more. Total confidence.

Posted by flyborn > 2020-11-23 19:59 | Report Abuse

Will in 6.80 - 6.90
Hopefully will get
N
Wallap 250 lot

Posted by Sphinx88 > 2020-11-24 10:59 | Report Abuse

No Eye See. Just hold it.

Posted by newbird77 > 2020-11-26 11:45 | Report Abuse

Nobody goreng, sure won't move la, force u all to sell cheap if without holding power

Posted by flyborn > 2020-11-27 18:01 | Report Abuse

My number almost there. Pls support otherwise will fall to my range.

Posted by UndukNgadau > 2020-11-29 00:50 | Report Abuse

Maybe a new leadership is required, as Dr Lim Thian Soo no longer capable to evolve. Also busy with D & O Green Technologies & Rock Chemical Ind. We need a younger & brighter visionary

Posted by flyborn > 2020-11-30 06:48 | Report Abuse

Look like my q will bingo today

Posted by newbird77 > 2020-11-30 16:37 | Report Abuse

The trading theory is very simple, when they are pressing down the price, if you could hold it, u r the winner eventually, otherwise you have just cut loss, so 2 choices, take it or leave it, in fact this company I stated notice they have started pumping in new blood, this round drop is due to effect of young blood

Posted by kenken85 > 2020-12-01 09:35 | Report Abuse

everyone still ok? all the other share goes back to normal or higher. but MFCB goes lower. hope everyone is fine. =)

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

will top up if price down further.

Posted by pjseow > 2020-12-01 12:45 | Report Abuse

mfcb started rallying today. I still suspect the last one week depressing of mfcb prices has to do with the call warrant which expired yesterday. The issuer will use the average of last five days pricings to settle the amount need to be paid to the warrant holders.

Posted by BLee > 2020-12-02 00:24 | Report Abuse

More bullets to invest in MFCB, really fast into bank account:
just received message..

"We wish to inform you that the net dividend due to you will be paid to your designated Bank Account as follows:

Dividend MEGA FIRST CORPORATION BERHAD [196601000210 (6682-V) DIVIDEND NO 40

DIVIDEND TYPE : INTERIM
BENEFICIARY BANK : xxxxx
PAYMENT DATE : 02 December 2020"

TQ MFCB..Happy Trading.

Posted by flyborn > 2020-12-02 23:50 | Report Abuse

Hai geng..
Let hold n don’t let mf fall to my q range

Otherwise
Give me face to bingo.

Posted by kai8994 > 2020-12-03 15:10 | Report Abuse

I think FMR will finish dispose of its stakes soon. attractive entry price now as the disposal are well absorbed at RM7 level.

Posted by xiaojie88 > 2020-12-03 15:19 | Report Abuse

23.5million to dispose from 10 Oct, every trading day dispose ~400k, 38 trading days total should dispose at least 15m, excluding high trading volume days, guess they are disposing all soon...

Posted by newbird77 > 2020-12-04 14:39 | Report Abuse

xiaojie88, I was wonder why it take so long to dispose on open market, unless there were a special deal

Posted by xiaojie88 > 2020-12-04 17:51 | Report Abuse

not sure if there were any special deals, but i guess maybe the agreement was to keep the price around RM7, with the thin volumes, hence it might take some time for market to swallow their 23.5m shares...

Posted by mbge7clt > 2020-12-05 14:54 | Report Abuse

very slow stock