Posted by RainT > 2021-05-21 12:53 | Report Abuse

sometimes need to compare share price with relative of company future profits

if it share price seem already price in already all the future good news

then buy for what? not much capital appreciation can be expected

Posted by wallstreetrookie > 2021-05-21 15:42 | Report Abuse

@RainT yes I am bullish in the long term. If it drops low now, I will be buying

Posted by lotuseater > 2021-05-21 15:42 | Report Abuse

explaining to these doomsayers is a complete waste of time. The basic principle is this: if one is so doubtful about the company's prospects, just sell the share, if you are holding it. If you are not holding any share, then why are you in this forum? To share knowledge?

Posted by jamestecs > 2021-05-21 16:30 | Report Abuse

This is the alternative TNB everyone should keep for long term, other than Hydropower, they now exploring on solar technologies, low profile company but big eager vision. It is green power technologies, future is bright no doubt.

Posted by wallstreetrookie > 2021-05-21 16:37 | Report Abuse

Fire sale today. Very good

Posted by Bgt 9963 > 2021-05-21 16:48 |

Post removed.Why?

Posted by capitalist > 2021-05-21 23:40 | Report Abuse

thank @wallstreetrookiefor explanation, but MFCB will be traded at below RM1 after split..

Posted by lotuseater > 2021-05-21 23:44 | Report Abuse

Yes. MFCB will trade below RM1 after split when the sun rises from the west.

Posted by Belila > 2021-05-21 23:54 | Report Abuse

Below 1. How this can happen. School no go.

Posted by ruby20 > 2021-05-22 13:09 |

Post removed.Why?

Posted by wallstreetrookie > 2021-05-24 09:16 | Report Abuse

When are they going to mine Bitcoin with their renewable energy resources? Haha

Posted by wallstreetrookie > 2021-05-24 09:17 | Report Abuse

There is a new trend in cryptocurrency mining with green energy after the NY state bill debacle banning crypto miners. Green energy mining incoming haha

Posted by wallstreetrookie > 2021-05-24 09:17 | Report Abuse

Hopefully this company can adopt it somewhere in the future

Posted by wallstreetrookie > 2021-05-25 15:16 | Report Abuse

What is the impact of drought on earnings? Probably not much

Posted by pjseow > 2021-05-25 21:18 | Report Abuse

wallstreetrookie, the availability factor for last year Jan to March period was 70.7 %. This period is the most dried season. During wet season , it can hit 95 % availability factor. The difference can be 20 to 25 % different.

Posted by pputeh > 2021-05-25 21:28 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3160012

Posted by steady31 > 2021-05-25 23:03 | Report Abuse

What a smart MD we have in MFCB.Buying Stenta and combining it with its existing packaging business will make the unit more valuable than MUDA HoLDINGS which has a market capitalisation of 850 million.It means this deal can spin up a market value of almost 2.00 per share to MFCB

Posted by pputeh > 2021-05-25 23:27 | Report Abuse

Good move by MFCB Management. Not coming back to shareholders to burden them with RI etc. Using profits generated. Honest & forward looking

Posted by LAC8188 > 2021-05-25 23:59 | Report Abuse

Steady31 真的假的？

Posted by LAC8188 > 2021-05-26 00:09 | Report Abuse

Steady31 true or not..if u can't understand mandarin

Posted by pjseow > 2021-05-26 11:16 | Report Abuse

The acquisition of Stenta is already in the news. This acquisition will immediately contribute positively to the revenue and profits of the company as reported.

Posted by newbie8080 > 2021-05-26 17:44 | Report Abuse

Stenta contributes eps by 2.96 cent.

Very minimal contribution to the entire company as a whole.

Key importance is how Stenta value can be injected into the existing packaging biz and integrate for better efficiency.

Posted by Lemon5815 > 2021-05-26 19:19 | Report Abuse

So disappointed...
Just done one more entry on 7.06 , last few weeks. Keep waiting it to drop more to 6.6, to get one more entry, but now seem like can't get it day, haha

Posted by pjseow > 2021-05-26 19:24 | Report Abuse

newbie, agreed. It is more for long term value.

Posted by wallstreetrookie > 2021-05-27 07:30 | Report Abuse

Strong buy

Posted by Bgt 9963 > 2021-05-27 08:58 |

Post removed.Why?

Posted by wallstreetrookie > 2021-05-27 09:12 | Report Abuse

Overweight: Target price RM8.5

Posted by steady31 > 2021-05-27 16:19 | Report Abuse

MFCB is making a very good buy in Stenta at EV/EBIDTA of 7.1 In 2018 Scientex bought Klang Hock Plastics for 190 M at a cost of EV/EBIDTA of 8.44

Posted by Lemon5815 > 2021-05-27 16:33 | Report Abuse

@steady31 Thanks for sharing about the EV/EBIDTA. Newbie here, just noticed regarding this type of valuation.

Posted by wallstreetrookie > 2021-05-27 16:51 | Report Abuse

WOW

Posted by RJ87 > 2021-05-27 16:54 | Report Abuse

WOWWWWWWWWWW

I tot slow slow up....now no chance to sell my CS liao
hhahahahahahaha

Posted by Lemon5815 > 2021-05-27 17:13 | Report Abuse

Any latest news from AGM today?

Posted by RJ87 > 2021-05-27 17:20 | Report Abuse

Buying stenta for 205mil cash...

Good question is...u check Q4,20 cash no more. Now suddenly can offer stenta 205mil cash consideration. No RI, no nothing. Mana datang ini RM200mil?

Posted by yw92712 > 2021-05-27 17:30 | Report Abuse

Baby!! it shock me at 7.6 last minute before closing Mkt today!!!!

i saw 2x buyer que at 7.6 at unit aprox 200k volume & trend the graph to 7.6 at last minute! crazy!!!

Posted by Lemon5815 > 2021-05-27 17:54 | Report Abuse

205m, some of it from previous receivables, may be?
I remember Q4 2020 receivables is higher than previous Q3 2020. Q3 is 235m, Q4 is 307m. Quarter quarter for Q4 got mention about the change in turnover period, from 3-4 months normally to 4-5months. Is expected to back to normal in feb2021.

Cash in bank for Q4 2020 = 92m

Assume receivables back to normal, 307m-235m = 72m cash

Assume Q1 2021 net profit got 57m

Total cash available in 31 March estimated to be 92+72+57 = 221m

So 205m of cash in May is possible.

Just my 2 cent opinion, correct me, if I wrong.

Posted by theintinvestor > 2021-05-27 18:06 | Report Abuse

latest Q ....cash 215M ..more than enough to buy Stenta...every quarter cash coming in..I dont see any issue for internal funds...

Posted by Antfakeguru1 > 2021-05-27 18:20 | Report Abuse

GOOD JOB
TP 10

Posted by Antfakeguru1 > 2021-05-27 18:20 | Report Abuse

1 QR already can reduce 110m DEBT...

Posted by brian3381 > 2021-05-27 18:22 | Report Abuse

Tomorow gapdown back loh

Posted by RJ87 > 2021-05-27 18:49 | Report Abuse

I gonna buy whatever quoted shares MFCB has bought....

check page 24 Q4,2020 and compare to page 19 Q1,2021

Investment in quoted shares
31.3.2021 31.12.2020 31.12.2019
152.499mil 98.790 mil 49.385mil

Whatever they bought, up by 50% in 3 months. up 100% a year ago.

I was tracking eps up 15sen. NTA up 29sen. Something amiss and discovered this.
What they invested in DNEX is it? =D

Posted by RJ87 > 2021-05-27 19:38 | Report Abuse

If I'm stenta, I don't want the 205mil cash. I want what's left in treasury shares. Then, I can share a chunk of profit from Stenta and MFCB combined without doing any work.

And MFCB get to keep the 205mil cash to pay dividend. This way, everybody win.

P.S. Don't forget MFCB has RM152.5mil investment on quoted shares.

Posted by RJ87 > 2021-05-27 19:38 | Report Abuse

can lock in profit and get stenta for free...

Posted by pjseow > 2021-05-27 22:52 | Report Abuse

Profit up 27 % yoy . Not bad result ..Hope tomorrow public invest will upgrade tgt price

Posted by Winningpost > 2021-05-28 00:06 | Report Abuse

Tomorrow it may go down first and afternoon session it should recover and close around 7.88 .

Posted by ruby20 > 2021-05-28 08:54 |

Post removed.Why?

Posted by drt6398 > 2021-05-28 14:40 | Report Abuse

hopefully another candle to break rm8 today

Posted by pjseow > 2021-05-28 19:43 | Report Abuse

wow. solid 2.5 hrs of webinar meeting. The most interesting part was how CEO Goh answered the questions on dividend, why share split rather than bonus , his long term view on mfcb etc.

Posted by RJ87 > 2021-05-28 20:33 | Report Abuse

got link?

Posted by RJ87 > 2021-05-28 20:36 | Report Abuse

missed it...so anything interesting to share?

Posted by pjseow > 2021-05-29 00:13 | Report Abuse

RJ87. The first part was briefing on Q1 Result which we already know. The interesting part is on.dividend. The CEO said that MFCB will not pay too much dividend because it need the cash to prepare for future expansion like investing in 2nd or 3 rd. Don.Sahong power plants . Renewable energy will still be future focus. He also touched on the topic on coconut.and macademia plantation. He said coconut.will be in.strong demand a few years.down.the road.