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?
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.
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
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.
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
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.
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
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
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.
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.
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.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
RainT
8,448 posts
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