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

Posted by pjseow > 2020-12-08 20:12 | Report Abuse

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.

Posted by sg999 > 2020-12-10 23:56 | Report Abuse

How can MFCB pay higher dividens? It's high debt.

Posted by terence775 > 2020-12-12 15:38 | Report Abuse

How do you consider it high debt?

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.

Posted by kenken85 > 2020-12-14 08:49 | Report Abuse

terence775 u are too nice to explain... I will say reply as omg the debt is so high. going to bankrupt. dont buy. and sell if u have tickets. haha

Posted by terence775 > 2020-12-14 11:03 | Report Abuse

Haha... my intention is to spread knowledge in this forum. i3 is filled with malicious people and nonsense most of the time.

Posted by kenken85 > 2020-12-14 12:12 | Report Abuse

u are such a nice person. =) dropping.. faster run. all share up . only mfcb down

Posted by sg999 > 2020-12-14 12:21 | Report Abuse

6.89 now...hihihi

Posted by kenken85 > 2020-12-15 09:54 | Report Abuse

today will go below 6.80.

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

Lucky already cancelled my q for 6.90

Posted by flyborn > 2020-12-15 10:04 | Report Abuse

Let see
What price after gov collapse

Posted by sg999 > 2020-12-15 10:26 | Report Abuse

This round will break RM6

Posted by flyborn > 2020-12-15 14:46 | Report Abuse

Wa liou dude break 6

Posted by coolio > 2020-12-15 20:35 | Report Abuse

150ma time to add positon

Posted by kenken85 > 2020-12-16 09:42 | Report Abuse

last chance to escape

Posted by kai8994 > 2020-12-16 11:30 | Report Abuse

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 :)

Posted by kenken85 > 2020-12-16 12:22 | Report Abuse

just a short note, recently someone share the institution short sell list. and MFCB is in the list.

Posted by pjseow > 2020-12-16 13:10 | Report Abuse

Yes. I saw the list too. The institution shorted Topglove which it downgraded to 3.50 . It also shorted many other stocks like mfcb,jaks, inari etc.

Posted by pinnaclegrade > 2020-12-16 13:33 | Report Abuse

why would anyone short mfcb.. lol

Posted by kenken85 > 2020-12-16 13:38 | Report Abuse

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.

Posted by terence775 > 2020-12-16 17:52 | Report Abuse

Short selling means they sell shares they don't own, and must close the short position i.e. buy back before a stipulated time.

Posted by Go lucky Happy > 2020-12-16 19:28 | Report Abuse

Is short selling legal in Malaysia? Isn't this a manipulation.

Posted by pinnaclegrade > 2020-12-16 20:57 | Report Abuse

https://www.theedgemarkets.com/article/sc-bursa-malaysia-lift-temporary-suspension-regulated-short-selling

Posted by terence775 > 2020-12-17 10:40 | Report Abuse

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.

Posted by flyborn > 2020-12-17 17:53 | Report Abuse

6.50 potential
6.30 not sure

Posted by RainT > 2020-12-22 16:17 | Report Abuse

Waiting to buy more, drop more please

Posted by LexterHOO > 2020-12-22 17:02 | Report Abuse

This share price no eye see.. Always drop, any reason?

Posted by UndukNgadau > 2020-12-22 18:13 | Report Abuse

Top Management issue. Hopefully we'll get a new CEO/MD

Posted by gemfinder > 2020-12-22 23:42 | Report Abuse

Tis got country risk

Posted by newbird77 > 2020-12-23 10:40 | Report Abuse

UnduNgadau, any news on management team? Got changes?

Posted by gemfinder > 2020-12-23 10:40 | Report Abuse

bought 6.595

Posted by kl_guy > 2020-12-23 10:41 | Report Abuse

big shark try shake off weak hand. be patient

Posted by pinnaclegrade > 2020-12-23 10:43 | Report Abuse

MFCB is 80% bearish, despite good QR & earnings growth..
so strange = =

Posted by gemfinder > 2020-12-23 10:51 | Report Abuse

sold all 6.64. TQVM

Posted by MM78 > 2020-12-23 10:51 | Report Abuse

@UndukNgadau Top Management issue. Hopefully we'll get a new CEO/MD
22/12/2020 6:13 PM

What is the issue with top management ? Any information to share UndukNgadau ?

Posted by BabyAce > 2020-12-23 13:27 | Report Abuse

Still bear bear lar...Don't dare to enter =.=

Posted by kenken85 > 2020-12-23 17:31 | Report Abuse

flyborn ur 6.50 is confirmed . haha

Posted by gemfinder > 2020-12-23 20:31 | Report Abuse

Tis one got country risk

Posted by UndukNgadau > 2020-12-24 00:26 | Report Abuse

@MM78 We need young blood. Outdated business mentality.

Posted by UndukNgadau > 2020-12-24 00:27 | Report Abuse

Anyway, I'm holding on to my MFCB. Just no intention to buy more

Posted by LexterHOO > 2020-12-24 10:38 | Report Abuse

I cut loss at 6.78.. No sure want to buy back not if share price drop further....

Posted by UndukNgadau > 2020-12-25 11:43 | Report Abuse

Merry Christmas

Posted by MONEYcomehere1314 > 2020-12-25 12:32 | Report Abuse

pls pls everyone, run away from here. it will go down until RM 1 .... run for our life

Posted by Hooweeseng > 2020-12-25 13:05 | Report Abuse

Look at KPower... i think i am in the wrong boat.....

Posted by kl_guy > 2020-12-25 13:08 | Report Abuse

coming quarter will be better than this quarter result.
maybe will be down till end of the years bcos holiday.
this is the good time to pick up.

Posted by sg999 > 2020-12-25 15:46 | Report Abuse

RM3 coming...

Posted by LexterHOO > 2020-12-25 18:06 | Report Abuse

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.

Posted by shareinvestor88 > 2020-12-26 19:08 | Report Abuse

Aiyo rm3

Posted by kenken85 > 2020-12-28 10:46 | Report Abuse

ppjseow.. pls help to support the shareprice pls. haha

Posted by Philan008 > 2020-12-28 12:06 | Report Abuse

Oh wow, was considering Kpower vs MFCB back then.... thank god I made the right choice...