Posted by kenken85 > 2020-12-28 15:53 | Report Abuse

congrtas philan. kpower is higher than mfcb now. haha.

Posted by UndukNgadau > 2020-12-28 18:54 | Report Abuse

Like I've said before. Top Management issues

Posted by bluelight > 2020-12-30 08:04 | Report Abuse

renewable energy will boom, mega shall benefits

Posted by bluelight > 2020-12-30 08:07 | Report Abuse

hope selling pressure will absorb well before it moving up again

Posted by aiyooo > 2020-12-30 11:05 | Report Abuse

go in nw time to move

Posted by aiyooo > 2020-12-30 11:10 | Report Abuse

mega monster lagging so much kikikiki

Posted by amet2017 > 2020-12-30 17:08 | Report Abuse

Movement is like negative earnings company.. Hehe

Posted by Fklim888 > 2020-12-30 18:55 | Report Abuse

RM7 is coming .

Posted by Jeevag > 2020-12-30 23:15 | Report Abuse

fuyoh RM10

Posted by Jeevag > 2020-12-30 23:15 | Report Abuse

Fast in guys. huat Huat Huat!!!

Posted by Newbie5899 > 2020-12-31 10:34 | Report Abuse

window dressing???

Posted by bluelight > 2020-12-31 10:39 | Report Abuse

time to fry lor

Posted by Fklim888 > 2020-12-31 11:12 | Report Abuse

wow... hit rm7 cheers lol

Posted by kai8994 > 2020-12-31 16:11 | Report Abuse

Either Fidelity is on holiday or they sold off all their shares. Hopefully is the latter :)

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

Guess most of the fund manager clear their stock at end of the year

Posted by linjie > 2021-01-03 10:21 | Report Abuse

Year 2021 could be a volatile year, Mega First Corp Bhd's steady and resilient earnings from the 260MW Don Sahong hydropower project could be a shelter.

It is noteworthy that besides resilient earnings, Mega First is also a company to look out for renewable energy theme play as policymakers globally are stepping up efforts to meet ambitious climate targets.

Maybank IB analyst Tan Chi Wei wrote, in its 2021 strategy report, that Mega First appears undervalued. From an 18.9 times P/E in 2019, this counter is expected to have a P/E of 9.8 times in 2021.

"Backed by Don Sahong's strong cash flow, Mega First has the means to pursue new growth opportunities and/or increase cash distribution to shareholders," he added.

For net profit, Tan is projecting its net profit to be at RM323 million in the financial year ended Dec 31, 2020 (FY20) and RM340.1 million in FY21, compared with RM152 million in FY19.

The forecast big leap in earnings is due to the hydropower project, which is expected to generate annual net profit attributable to shareholders of between US$60 million and US$70 million during its 25-year concession period starting from FY20.

According to Bloomberg data, with a consensus target price of RM8.31, this implies a 20% upside from its closing of RM6.90. All three research houses covering this counter have "buy" calls.

Another alternative for renewable energy play could be KPower Bhd, which is one of the top picks of RHB IB and AmInvestment Bank Bhd.

RHB IB said KPower is firmly on its growth trajectory and is expected to double its order book size by end-FY21. "The stock, in our view, could undergo a further rerating, if KPower can penetrate the solar industry, which generally fetches premium valuations," said the research firm.

Posted by pputeh > 2021-01-04 12:33 | Report Abuse

Finally the write up has opened eyes. Soon it will be 7.50

Posted by winlast > 2021-01-05 16:44 | Report Abuse

take a break tomorrow keep on moving forward

Posted by andr > 2021-01-06 11:13 | Report Abuse

BBB

Posted by Calvin882 > 2021-01-09 10:15 | Report Abuse

Currently better focus on companies which doesn't affected by MCO. MFCB is one of those.

Posted by treasurehunt > 2021-01-09 10:20 | Report Abuse

Mekong water disruption in short term.

https://thediplomat.com/2021/01/china-belatedly-notifies-mekong-nations-of-river-disruption/

Posted by DonWorryBeHappy > 2021-01-12 16:08 | Report Abuse

Bought some 6.68

Posted by Fklim888 > 2021-01-14 10:55 | Report Abuse

Rm7.30 look forward... immediate

Posted by Fklim888 > 2021-01-14 10:55 | Report Abuse

Rm7.30 look forward... immediate

Posted by StrongMan81 > 2021-01-14 15:10 | Report Abuse

zzzzz......

Posted by sg999 > 2021-01-15 11:07 | Report Abuse

@fklim888 6.3 is it?

Posted by Fklim888 > 2021-01-15 12:03 | Report Abuse

rm6.30 sure onot lol

Posted by sg999 > 2021-01-15 12:43 | Report Abuse

As you can see coming down.

Posted by DonWorryBeHappy > 2021-01-15 17:38 | Report Abuse

Hahahaha maybe back to 6.3 then shoot to 7.3 long term 10.3

Posted by sg999 > 2021-01-18 10:21 | Report Abuse

6.3 coming

Posted by StrongMan81 > 2021-01-18 10:24 | Report Abuse

ZZZZzzzzz......

Posted by MCDIDDY > 2021-01-18 12:44 | Report Abuse

No liquidity, bonus issue la

Posted by pjseow > 2021-01-19 09:17 | Report Abuse

Public invest latest report re iterated tgt price of rm 8.62. For the first time , Public invest highlite the potential 50 years concessions of about 10000 ha coconut plantation owned by mfcb.

Posted by linjie > 2021-01-19 10:10 | Report Abuse

don't forget that's 5th turbine and LSS4 result out soon, also packaging business grow 100%

Posted by bluelight > 2021-01-19 11:35 | Report Abuse

share price stagnant more than 6 months

Posted by linjie > 2021-01-19 11:38 | Report Abuse

LSS4 bid result around the corner

Posted by pinnaclegrade > 2021-01-19 13:11 | Report Abuse

Seems to me the market only value the power segment, while ignoring the packaging, resources & property side

Posted by winlast > 2021-01-19 15:14 | Report Abuse

go go up up rm 8above as forecast by public investment bank

Posted by pinnaclegrade > 2021-01-19 15:17 | Report Abuse

MFCB also has solar division via Pekat Teknologi & MFP Solar.. a true laggard amongst the solar Biden rally

Posted by pjseow > 2021-01-19 16:09 | Report Abuse

Based on public invest latest report, the share price of mfcb is at PE 9x of forward earning. This valuation is unappreciated based on tindustry PE of 14x. There is an upside of 35 %.The Don Sahong power plant also expect the highest availability factor for Q4 2020 which is the wettest qtr.At the point of writing this comment, the share price has risen 28 sen to 7.00,

Posted by Fklim888 > 2021-01-19 17:39 | Report Abuse

Lets break again rm7.... lol

Posted by RainT > 2021-01-19 18:48 | Report Abuse

READ

Posted by sg999 > 2021-01-19 21:10 | Report Abuse

Back to 6.5 again.

Posted by cygoh1 > 2021-01-19 22:01 | Report Abuse

price lagging due to shares float and clear dividend payout policy.

Posted by winlast > 2021-01-19 23:30 | Report Abuse

tomorrow continue going up highet

Posted by RainT > 2021-01-20 12:41 | Report Abuse

Back to 6.00 please

Posted by linjie > 2021-01-20 17:12 | Report Abuse

back to 5 please

Posted by sg999 > 2021-01-20 21:14 | Report Abuse

Back to 3 please.

Posted by cygoh1 > 2021-01-21 18:05 | Report Abuse

recently can see the strong support at rm6.9 ..hopefully price will be uptrend soon before result released

Posted by i3john2tan > 2021-01-21 19:50 | Report Abuse

Dunno who keep buy higher price when closing , and these few days keep do small volume short selling