Look at Panamy. Has only 60m shares. Price has been 30rm for the past one year. EPS about rm2.00. Div around rm 2.00. Share price no appreciation at all. Paid up small 60M and refuse to declare bonus so is illiquid. Those who have held on to this share have hardly seen price appreciation. Price too high for retail participation. As such MFCB should do a split of 1 into 2 or bonus 1 for 1.
I like MFCB because its energy sales in Lao PDR is exempted from income tax until the end of the 5th anniversary of the Don Sahabong Plant's commercial operation date. That will potentially make the Co another cash cow and eventually turn it into a dividend stock. It is a gem yet to be rerated in its share price. Gong Xi Fa Cai!
this counter mostly uncle and auntie who hold for long term, that's why u see price won't move much, they'll increase dividend to move the market price
Yes. possibly.a press conference announcing another lucrative Hydro electric power plant in Laos. Bonus issue do not need such long suspension from.9.00 am to 12.30pm
Another possibility could be the award of 50 to 100 MW LSS4 project . The sharp spike of more than a riggint share prices in the last one month could be another hint that something good is coming. Lets wait and see tomorrow.
Hi pjseow, no i didnt. I sold to buy gloves and other high risk investment to make faster return. I wanted to buy back again when it dropped below 7 but it went up too fast. I have never doubted mfcb as a gem..but only sold to make quicker return to enlarge capital.
It requires lots of patience like you to make big on mfcb
Very good investment to park a big portion of your money n sleep well.
this suspension is really making excited once more for mfcb. normally its share price up or down I got no feel. but this is a c company that is so low profile it's plastic segment expansion also just mention it in report. what kind of news need suspension.
Haha, very kan chong . It must be a big announcement with many Q and A . MFCB management may be holding a press conference now.making announcement on last qtr result , new business plus bonus and.right issues. All in.one.
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Posted by stockraider > 2021-02-08 08:21 |
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