Posted by Calvin882 > 2021-02-04 09:38 | Report Abuse

Wont sell even reach my TP. Just keep for dividen

Posted by Calvin882 > 2021-02-04 09:39 | Report Abuse

Upside potential is huge especially for the renewable energy

Posted by pputeh > 2021-02-04 09:55 | Report Abuse

Needs a catalyst to make the shares more fluid and cheaper. Maybe a RI or a bonus issue will make it more liquid. At the moment illiquid.

Posted by bclassinvest > 2021-02-04 10:04 | Report Abuse

Going up up up!

Posted by pjseow > 2021-02-04 10:15 | Report Abuse

MFCB is on the uptrend after 5 months of correction.when it reached the peak.at 7.80 in late.August 2020. It looks like mfcb will break its previous record high .MFCB.is still.undervalue with current PE.of about 12 when it has a cssh.cow which can.generate cash of more than 400 million.annually plus other strong growth businesses like packaging and.solar renewable energy. MFCB.deserved a PE of more than 15 if you compared with other stocks which do not have such fundamentals . The total undiscounted cash flow.from Don Sahong power plant for the balance 24 years is more than 10 billions. Don Sahong power has been operating for a year already with proven cash flow .

Posted by Diogo_Jota > 2021-02-04 11:59 | Report Abuse

Lets go break RM7.8

Posted by Diogo_Jota > 2021-02-04 14:39 | Report Abuse

Lets go break RM7.9

Posted by pjseow > 2021-02-04 15:36 | Report Abuse

One financial aspect which many financial analysts failed to notice or appreciate is the net profit margin when compared mfcb with other similar power generation stocks like malakoff and ytlpower. MFCB profit margin is more than 40 % compared with the others which.has less than 5 % margin. MFCB deserve much higher PE than the others just like Harta was rewarded with much higher PE than the other 3 glove stocks in the past.many years due to its better margin.

Posted by Diogo_Jota > 2021-02-04 16:39 | Report Abuse

Totally agree with you, i though only myself that thinks this company is undervalue. Huge potential

Posted by pputeh > 2021-02-04 16:59 | Report Abuse

closed @ 7.89. pjseow thanks for insights into the future of this jewel.Time will reward the patient

Posted by terence775 > 2021-02-04 17:39 | Report Abuse

Congratulations to all MFCB holders. All time high! We've been through thick and thin together :')

Posted by cygoh1 > 2021-02-04 17:54 | Report Abuse

how best if uptrend till result released...

Posted by steady31 > 2021-02-04 18:00 | Report Abuse

Just a bonus issue or may be a successful solar tender will lift the price past 9.00.Hang on guys

Posted by Calvin882 > 2021-02-04 18:10 | Report Abuse

All time high!!

Posted by koidch > 2021-02-04 19:00 | Report Abuse

bonus issue is on the way !!!

Posted by Bullish2021 > 2021-02-05 00:39 | Report Abuse

I was a skeptic but proven wrong by Mr Market! Well done all MFCB investors. Let us cheers for perfect 10!

Posted by Diogo_Jota > 2021-02-05 00:50 | Report Abuse

Slow and steady will do, if someone pump sure market heywire.

Posted by kenken85 > 2021-02-05 09:09 | Report Abuse

YES... there is one i doubt myself. but i go through the QR report, annual report, n standfirm n buy more.Cheers.. i really think it need a bonus issue to increase the liquidity, hope the board can do it. It will be a good news.

Posted by RJ87 > 2021-02-05 09:12 | Report Abuse

they will do bonus issue when it reach certain price.

Especially registering double digit EPS. and DPS.

See management lo...wanna attract short term punters, bonus issue 10:1. become 80sen. Break RM1.50.

The psychology of penny and a dollar. Think twice when spending a dollar. But spend penny in a heartbeat.

Posted by Bullish2021 > 2021-02-05 09:33 | Report Abuse

I agree RJ87! Mfcb is too illiquid and many funds can’t invest as their mandate don’t allow. Trading velocity or liquidity is an important measure for funds to invest. I think the yield is decent as compared with fixed rate instruments and I am sure pension funds will find the yield attractive. Question is liquidity .

Posted by Bullish2021 > 2021-02-05 09:40 | Report Abuse

You need both big funds and small investors to invest. Otherwise, there is no trading volume. Stocks like Maybank and Sime are only traded by institutions and they just buy and sell among themselves. Boring and predictable . My opinion is that MFCB can attract both institutional investors as well as retail investors as it is a quality stock. Like the glove stocks . You just need more liquidity

Posted by MCDIDDY > 2021-02-05 11:59 | Report Abuse

Only way to move higher is to issue bonus. otherwise will be stuck at this range.

Posted by Mystereo4 > 2021-02-05 14:54 | Report Abuse

I think best to make it exclusive and expensive. Price will be more stable. Take MPI for example. I believe the price will always dip/crash after bonus issue.

Take glove counters for example. Recent jftech too. PBB has been dipping too.

We dont need kaki goreng to push up the price. We just need real investors who understands the value of the stock.

We need people who eat full,sell bao

Posted by Mystereo4 > 2021-02-05 14:55 | Report Abuse

Slow and steady,healthy graphs. Slowly collect while price no movement

Posted by Diogo_Jota > 2021-02-05 15:14 | Report Abuse

Agree with u Mystereo4, i too have MPI. Higher price more stable. No need to be a goreng stock.

Posted by RJ87 > 2021-02-05 16:02 | Report Abuse

This logic quite accurate...very good for weak stomach....

Do bonus issue price will rally from RM7 to probably RM10...Sell before bonus issue....
Then bonus issue 10:1. Price adjust to RM1, will drop to maybe 70sen. That's a good time to reenter and trust me...will rally to the moon one...Maybe RM5 from RM1 easily. Take SCIB, Penta, Dufu, Pmetal, Vitrox as example. Will have abit of roller coaster in between, with roller coaster more opportunity to make money in between each peaks.

And ur example of PB, PB has made 2 rounds of bonus issue price went upto RM22 the last round.

The equivalent of RM1 to RM5 with bonus issue is RM10 to RM50 without bonus issue.
Well, i'm quite sure it's easier for me to by something at RM5 and RM50. What u think?



______________________________________________________________________

Mystereo4 I think best to make it exclusive and expensive. Price will be more stable. Take MPI for example. I believe the price will always dip/crash after bonus issue.

Take glove counters for example. Recent jftech too. PBB has been dipping too.

We dont need kaki goreng to push up the price. We just need real investors who understands the value of the stock.

We need people who eat full,sell bao

Posted by pjseow > 2021-02-05 16:12 | Report Abuse

Bonus issue vs splitting . Is bonus of 1 to 1 the same as one share split into 2 ? Valuation wise , both are the same. It is like your original piece of cake is cut into 2 pieces. The word bonus seems to give you a good feeling you are gaining extra but in.actual fact it.doesnt. The only.advantage is that you can sell a smaller piece . Both Topglove and supermx went through share split or bonus issue a few months back. Topglove.split from.one to three while supermx from one to two. Today the values of 3 shares of topglove and 2 shares of supermx are lower respectively than the values of one share before split . Bonus issue or share.split.does not add value to the company.

Posted by Mystereo4 > 2021-02-05 16:16 | Report Abuse

@Diogo_Jota Thank you

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@RJ87 You do have a point. Definitely with Bonus Issue,you can see faster growth for a short time. Good for profit taking and re-entry. Being cheaper for entry, it is definitely good to play along the volatility. I believe at the end of the day, supply and demand comes into play, and whether if you would prefer to invest as investor, or trade and trader

Posted by RJ87 > 2021-02-05 16:25 | Report Abuse

No it doesn't. But it helps with psychology of 10 RM5 is smaller than 1 RM50.
If i'm a beggar, u r more likely to donate me RM5 for 10 times than to donate 1 time RM50.

TG and supermax only have earning visibility for next 2 years top. Can you say the same for SCIB, PMetal, Penta and DUFU? And I left out Vitrox too.

Do u think that 4 counter could reach the market cap they have today without bonus issue in such a short time.

However, I do agree on the point that if bonus issue brings the price down below RM1. Every 5sen up will create a massive selling pressure. I think the right price should be RM1.5.then u can see 30sen up, 30sen up before hitting RM4.5.

Posted by pjseow > 2021-02-05 16:37 | Report Abuse

RJ 87 , in my opinion ,if a company is growing its earning , its share price will grow proportionately regardless whether it has bonus issue or not . You can disagree with me. I want to.take.a.US stock AVGO as sn example. AVGO.started with 5 dollar a share in 2017 . Today its.share price us 470 dollar . It.has never split I t has grown 94x .

Posted by pjseow > 2021-02-05 17:07 | Report Abuse

MFCB.closed at 8.01 ,another record . If you compare its share price in.2016 it has gone up 4x within.5 years translating into CAGR of 28.8 %.

Posted by RJ87 > 2021-02-05 17:47 | Report Abuse

2016 u won't make money, Annualised PAT 120mil(Don Sahong construction begins)
2017, jan17, Dec, 17 RM2.15-RM3.75 74% return Annualised PAT 138mil
2018, u won't make money. Annualised PAT 130mil
2019, jan, 19 - Dec, 19 RM3.08-RM5.5 78% return, PAT 153.7mil
2020, jan, 20 - Dec, 20 RM5.12-RM6.50 26% return, PAT 228mil

Historically, the year with 20mil increase in PAT, marketcap increase by 70-80%
Now that the PAT increase to 70-80mil, marketcap should increase to 150-200%

That RM15-RM20 u know? I don't know if u enter at RM1.5 or RM5. But if nobody wanna buy at RM15. It won't get there no matter how good the earnings is. That's why DUFU, PMetal, Vitrox and Penta, Greatec realize this. That's why they did bonus issue and another round of rally.

I will agree that rally just begin. When mgmt realize market cap isn't reflecting earnings, they will do bonus issue to increase liquidity.

Like I say...those oppose increase liquidity is simply because they can't stomach the volatility and pullback. I like pullbacks. Giving me opportunity to sell high buy low few rounds before reach a stage of overvalue.

Posted by RJ87 > 2021-02-05 17:50 | Report Abuse

todays volatility also nice....up to 8.04, down to 7.58, back up to 8.02...

This gives me chance to sell CS at 21.5, buy back 17.5 for a handsome 20%.

Personally, I like liquidity and volatility la. hehehehe.

Posted by pjseow > 2021-02-05 18:07 | Report Abuse

RJ87, I do welcome a bonus issue with prices going into 10 . There will be more shares floating in the market and more buying and selling .

Posted by Rwkl > 2021-02-05 22:04 | Report Abuse

No bonus for me
If big boys can’t invest due to liquidity issues that’s their loss and our gain.

Posted by pjseow > 2021-02-05 23:09 | Report Abuse

MPI has less than half the.number of shares of mfcb . Its daily transactions are not high.either but its share.price has grown.3.5 x within.9 months despite the so called " illiquidity ". In my opinion, the most important is whether the good fundamentals of the stock.is in IB.s radar.screen. MFCB was selected by.IB.s as one of the 11 stocks to be owned in.2021. The recent.hike of mfcb prices is a testimony that mfcb was discovered by more and more IB s as a Gems of Bursa. MFCB has all the necessary business fundamentals like growth , profit margin, recurring cash flow, PE ratio to be selected as a good buy. Once it start to pay a decent dividend , dividend yield is the next good criteria of a good buy.

Posted by newbie8080 > 2021-02-05 23:51 | Report Abuse

@pjseow


Wow, heavily promoting MFCB.

You must have bought and hold a lot of MFCB since mid Jan 2021.

Posted by newbie8080 > 2021-02-05 23:53 | Report Abuse

@pjseow

Average around RM6.70 ?

Posted by RJ87 > 2021-02-06 00:17 | Report Abuse

I don't disagree with you on this. What i'm suggesting is introducing some liquidity will unlock it's future value alot faster and maybe abit more.

For someone to buy something at RM15, they would have priced in everything.

But overvaluation only comes with auntie uncle overvaluating it. But of cos, come with a risk auntie uncle undervaluation. However, this error in valuation is the opportunity for people that know it's actual valuation to make money with significantly less risk.

I'm holding 3 position here. MS, CS long, and CS swing. =D
____________________________________________________
pjseow MPI has less than half the.number of shares of mfcb . Its daily transactions are not high.either but its share.price has grown.3.5 x within.9 months despite the so called " illiquidity ". In my opinion, the most important is whether the good fundamentals of the stock.is in IB.s radar.screen. MFCB was selected by.IB.s as one of the 11 stocks to be owned in.2021. The recent.hike of mfcb prices is a testimony that mfcb was discovered by more and more IB s as a Gems of Bursa. MFCB has all the necessary business fundamentals like growth , profit margin, recurring cash flow, PE ratio to be selected as a good buy. Once it start to pay a decent dividend , dividend yield is the next good criteria of a good buy.

Posted by brendonyeap > 2021-02-06 11:34 | Report Abuse

Hopefully MFCB can touch RM 10.00 by end of Feb 2021

Posted by Diogo_Jota > 2021-02-06 11:38 | Report Abuse

Personally i rather put my money here and let it grow slowly without any worry. At least i know is “growing”. I only invested few weeks ago and already more than 15% gain. It is increasing at a good pace.

If i want volatility, i go to other stocks particularly less than RM1 with high volume. Which i myself invest in but with lower capital. If making quick money is your objective.

To me risk management is more important.

Just my 2sen and own preference.

Posted by cygoh1 > 2021-02-07 11:00 | Report Abuse

watever is it, small investors like us only can follow trend, shld set ur own exit strategy if reached certain price

Posted by cygoh1 > 2021-02-07 11:01 | Report Abuse

unless ubr die hard fans, invest for dividends, i believes dividend payout will be better n better

Posted by pjseow > 2021-02-07 15:54 | Report Abuse

newbie8080 , I bought my first 2k units in 2016 . I added much in mid 2019 . I have been adding and promoting mfcb since then . My average is about 4.50 。MFCB is still.my number 1 investment in.my portfolio this year .

Posted by newbie8080 > 2021-02-07 15:57 | Report Abuse

@pjseow

Good to hear that.
At least you have a buffer unlike most of them here who had purchase it last few months.

Hope you will enjoy the fruit of your investment.

Posted by pjseow > 2021-02-07 16:21 | Report Abuse

newbie8080. Thank you. Those who bought in the last few months would have made betwwen.10 to 20 % depending on what price they bought at .

Posted by Jack888 > 2021-02-07 18:16 | Report Abuse

See tomorrow action....CNY ang pow ??

Posted by RJ87 > 2021-02-07 21:12 | Report Abuse

Regret not taking bigger position at 12sen and 15 sen for CS.

If confident MFCB gonna start rally...better enter warrant.

Posted by RJ87 > 2021-02-07 22:55 | Report Abuse

I agree with this write up...llliquid and no clear dividend policy. If they berani say 50% patami dividend policy, fuh....EPF jump on board, FM jump on board, and become RM35 like MPI


https://klse.i3investor.com/blogs/PublicInvest/2021-01-18-story-h1539386307-Mega_First_Corporation_Anticipating_Higher_Availability_Factor.jsp

Posted by RJ87 > 2021-02-08 00:58 | Report Abuse

Various efforts needed to help narrow valuation gap. We opine the current valuations for MFCB is unappreciated as it is trading at a forward PER of only 9x compared to the industry’s average of 14x, a steep discount of more than 35% despite its i) steady annual earnings growth of 7-10%, ii) low net gearing level of 0.25x and iii) improving annual cash flows (>RM450m) in the coming years. We attribute the steep discount due to various factors; i) low liquidity, ii) little clarification on the dividend payout policy, iii) slower earnings growth given its current high earnings base, iv) delay in the 5th turbine construction and v) environmental, social and corporate governance (ESG) concerns due to its involvement in the hydropower business. We think the valuation gap could be narrowed through i) the shaping up of its image by participating in more renewable energy projects, ii) more guidance on the dividend payout, iii) raising awareness on its marine protection technology and efforts that had been put in for the local fishery community during the hydropower construction period in Laos and iv) potential bonus issue to boost the liquidity.