mbge7clt , watch the chart, not slow already . the rest boom faster because of goreng . this one fundamental good, so the price up slow and steadily . can sleep well if you holding MFCB rather then goreng stock
MFCB has the lowest PE and highest margin of more than 60 % compared to.similar businesses of power generations like MALAKOFF , KPOWER , YTLPOWR , JAKS.. MFCB has proven profits for the last 4 qtrs . With such lucrative profits,we expect mfcb to pay higher dividends next year.
Receivables outweigh payables. (RM 240 mil vs RM 180mil) Current cash balance can repay all short term borrowings. (145mil vs 149mil) This implies that current cash on hands can repay all borrowings for the next 4 quarters. Long term debt amounts to about RM 600mil roughly. In this quarter alone, profit from operations is around RM 100mil. Assuming there is no growth at all, the company can repay all debts in 6 quarters.
But do expect further growth in profits as Don Sahong experiences increased power availability factor now during the raining season, not to mention their booming plastics segment and growing solar segment.
Note that short term debt= 1 year and long term debt may be upwards of 9+ years.
At the rate they are increasing their free cash flow, they are in a comfortable position to repay all debts in a timely manner while being able to distribute dividends or expand further if they so desire.
Escape? Did the business prospect change over the last few days?
Fidelity is about to finish dispose of all its stake, there will not be that much of supply again next year. Looking forward for record profit and perhaps divided in Q4 announcement :)
hmmm this one i not sure, but is in the list. 700,000+ share. I am not familiar with short selling. Not sure is it a good or bad news. Whatever is it. i dont care. haha.
Short selling definitely legal... In Malaysia and around the world. It was suspended for a time except for permitted short selling by market makers. I don't see it as manipulation, but it can be used for such purposes if a fund is big enough.
No matter how good the QR, if no operator push up the price, the share price will keep dropping.. Unless hold only until the share price up again one day.
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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....
MONEYcomehere1314
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Posted by MONEYcomehere1314 > 2020-12-08 19:37 | Report Abuse
mbge7clt , watch the chart, not slow already . the rest boom faster because of goreng . this one fundamental good, so the price up slow and steadily . can sleep well if you holding MFCB rather then goreng stock