Posted by Kian Giap Yu > 2014-04-21 19:57 | Report Abuse

PE 7 and P/BV 0.76 severely under value. Surplus cash available not duly distributed to the stake holder ! Think better dividend should be in the offering going forward as the price increases going forward .

Posted by simctgal > 2014-04-21 21:00 | Report Abuse

I also hope it will go up so that eelyn will untung banyak

Posted by Eelyn Soon > 2014-04-21 21:58 | Report Abuse

thanks simctgal, i am fully loaded with something else oh... dont worry.. mfcb is still good despite the close down..... its still not bearish yet.. :P

Posted by Eelyn Soon > 2014-04-22 10:10 | Report Abuse

gotta stay above 235 in order for the up move to sustain...........

Posted by simctgal > 2014-04-23 10:08 | Report Abuse

Eelyn Soon.. Seems that u don hv luck on this counter

Posted by coolio > 2014-04-23 10:12 | Report Abuse

be patient.. i have a strong believe that this counter will move up, when? no one knows.. since it is undervalue & strong fundamental, i dont see why anyone should quit if you hold this counter. time will tell

Posted by Eelyn Soon > 2014-04-23 13:50 | Report Abuse

simctgal i strongly believe in this counter... it will come for sure!

Posted by Henry Loh > 2014-04-23 15:42 | Report Abuse

sold

Posted by simctgal > 2014-04-23 15:48 | Report Abuse

Ya.... Cant deny that the company is good in fundamentals... But the inactive share price will depreciate the value of ur invested money... RIght? I believed every shares also got its chance to go up... But definitely this counter its slow and not worth to invest it.. No offense all

Posted by Eelyn Soon > 2014-04-23 17:27 | Report Abuse

i give it until may 2014 max.. i bliv its gonna be coming in short term.. if not then gonna kaboom this counter in bursa.. hahahha...

Posted by Eelyn Soon > 2014-04-23 19:48 | Report Abuse

ex div - 4.5 cts tax exempt , ex date 26/6/14, payment date 16/7/14

Posted by simctgal > 2014-04-23 23:45 | Report Abuse

Good luck!

Posted by miketyu > 2014-04-24 22:31 | Report Abuse

EPS increase by 12 sen?

Posted by Eelyn Soon > 2014-04-25 09:34 | Report Abuse

let's watch if there will be any improvement from now onwards... :) mr mfcb, u know i know k.. hope u do not disappoint us this time round.

Posted by ykgykg > 2014-04-26 17:29 | Report Abuse

ROE a bit low but cash cow !

Posted by simctgal > 2014-04-26 20:12 | Report Abuse

No volume.. No one likes the stock... Eelyn Soon's money is depreciating.

Posted by AyamTua > 2014-04-26 20:25 | Report Abuse

NTPM, HEXZA & AHB - the way of the future! kkkikiki

Posted by Eelyn Soon > 2014-04-27 23:03 | Report Abuse

ayam tua berkokok di semua tempat ahhhh... :P

Posted by Eelyn Soon > 2014-04-27 23:03 | Report Abuse

wah lau simctgal is very personal le... later he show u his power then u know... wooo hooo...

Posted by yktay1 > 2014-04-28 01:42 | Report Abuse

Mr Koon Yew Yin has appeared on the 30 largest shareholders list in the annual report 2013. He did not appear there last year:

10) TA Nominees (Tempatan) Sdn Bhd
- Pledged Securities Account for Koon Yew Yin 3,108,400 1.28

Posted by heavyth > 2014-04-28 20:11 | Report Abuse

yktay..u mean he did not appear "there last year" means 2012..??

Posted by simctgal > 2014-04-29 02:06 | Report Abuse

Eelyn Soon.... Hows ur portfolio? Go for ecoworld...

Posted by Eelyn Soon > 2014-04-29 12:09 | Report Abuse

so far manage to tp some counters yday. and still holding some others.. ecoworld ill wait for the son.... thplant is doing good.. quite steady during the panic sell this morning ...

Posted by simctgal > 2014-05-07 11:22 | Report Abuse

MFCB everyday got big sell Q at first selling price... haha... Eelyn Soon no hope anymore.... Still don wan sell?

Posted by Eelyn Soon > 2014-05-07 14:38 | Report Abuse

i love bigbig blocks! rather than bigbig buyers...

Posted by Eelyn Soon > 2014-05-20 20:10 | Report Abuse

esos js listed yday... so be patient a little while more...

Posted by heavyth > 2014-05-21 20:55 | Report Abuse

qtr result out..slightly lower than preceding year qtr..!!

Posted by Eelyn Soon > 2014-05-21 22:04 | Report Abuse

profit is up, eps slightly lower... so neutral?

Posted by heavyth > 2014-05-21 22:11 | Report Abuse

it is upto the market to judge...!!

Posted by Eelyn Soon > 2014-05-21 23:07 | Report Abuse

http://www.theedgemalaysia.com/business-news/290632-mega-first-q1-pre-tax-profit-increases-to-rm31657-mln.html

Posted by Eelyn Soon > 2014-05-21 23:07 | Report Abuse

btw mfcb dont follow market sentiment one..

Posted by yktay1 > 2014-05-22 02:29 | Report Abuse

Overall much better operating results for the group. However, net income decreased slightly due to high net income base for the previous corresponding quarter 2013 due to other income of RM6.6mil in 2013 compared to RM0.3mil loss in 2014. Besides that, non-controlling interests in the power divisions translated in lower net income attributed to shareholders.

Other positives are a pickup in capital expenditures, i.e. Purchase of property, plant and equipment RM9.190mil.

Negatives is an other comprehensive income (OCI) loss of RM13mil from Foreign currency translation difference for foreign operations RM5.980mil and Fair value changes of available-for-sale financial assets RM7.565mil. Both of which are reversible.

Posted by simctgal > 2014-05-26 10:34 | Report Abuse

hahaha.. Eelyn Soon... U still stick with this stock? buy SKPETRO.... dump MFCB.... MFCB will depreciate ur money

Posted by heavyth > 2014-06-09 20:23 | Report Abuse

EPS=33cts , PE=6.96 , DY=3.26% , NAPS=3.07 , ROE=10.77 as at 9/6/14 but price still flat....

Posted by danny1 > 2014-06-10 13:43 | Report Abuse

someone wrote theory after theory how good this stock...

Posted by heavyth > 2014-06-11 16:24 | Report Abuse

Extract from kcchongnz blog " Market Valuation

There may not be high growth in MFCB’s business in the future, but it has proven long-term records of stable earnings and good cash flows, beside having a squeaky clean balance sheet. Hence it should be accorded with a reasonable good market valuation. But is it so?

At RM2.24, MFCB is trading at 7.3 times its earnings per share of 30.5 sen last year. Note that MFCB has an excess 157m cash or cash equivalent sitting in its balance sheet. Besides it has about 71m in quoted and unquoted investments, 40m interest in associates and 50m in land held for property development. Despite of these quality assets, its price is only o.8 times its book value.

The cheapness of MFCB is more glaring from the perspective of its market enterprise value (EV). At RM2.24, Its EV is less than three times its earnings before interest, tax, depreciation and amortization (Ebitda), far below the industry average. Earnings yield (Ebit/EV) is great at 30%, twice my 15% requirement. MFCB is indeed traded at a low price in the market.

Posted by Eelyn Soon > 2014-06-11 22:58 | Report Abuse

Suria lagi syok la... mfcb really disappoint me ... luckily i din put in my biggest portion into it... when suria goes above rm3, wooohooooooo.... next tp 3.5-3.7...

Posted by Eelyn Soon > 2014-06-11 23:01 | Report Abuse

i did email mfcb management about my dissatisfaction however they responded me with, there is no issues with the rest of the shareholders... others r very satisfied n happy with it.. did u guys notice each time mfcb will press press during trading hrs n last min magic show 1k / 2k shares at a higher price? what does that means? u know i know lo... but they denied everything... so all in all i am truly disappointed with the management .. which doesnt reward the shareholders..

Posted by Jerry > 2014-06-11 23:07 | Report Abuse

? you dont get dividend? what do you meant by doesnt reward shareholders?

Posted by Eelyn Soon > 2014-06-12 17:09 | Report Abuse

in terms of shares appreciation price.... div is more or less the same as fd...

Posted by Jerry > 2014-06-19 17:35 | Report Abuse

ohhh, Dividend is the reward for shareholder. I guess you went to a wrong counter, this counter lack of share supplies. Hard to attract big fund, company without big fund play play, hard to go up. unless win big project, or other good news released otherwise. it will go up slowly only. So understand now? You should consider to sell

Posted by coolio > 2014-06-20 16:18 | Report Abuse

Yardstick 1: ROE
MFCB reported net profit of 740.5m last year. With its equity of 679571, ROE is about 10.90%. this is above 10%, so it is good.

Yardstick 2: Cash flow and free cash flow
The cash flow from operations (CFFO) for the last year was 122.6m. This is higher than its earnings. After spending in capital expenses, there is a free cash flow (FCF) of 54.3m left. This FCF is good at 8.64% (>>5%) of its revenue.

Yardstick 3: PER
MFCB is trading at 2.32 sen now. With EPS of 33 sen, the PE ratio is only 7.03, or less than 10

Yardstick 4: Dividend yield
MFCB paid a dividend of 7.5 sen for the last financial year, or a dividend yield of 3.2%, about the same as the FD rate which is good.


Yardstick 5: NTA
The net asset backing per share of MFCB is 2.37 compared to its price of 2.32. Price-to-book is at 0.92, less than 1 which is cheap.

MFCB seems to meet all the criteria of Cold Eye as an investment grade stock

MFCB 2.32 19/06/2014
Revenue 628758
1 ROE 10.90% >10% Good
Net profit 107185
Equity 679571
2 Cash flows
CFFO 122604 114% Good
FCF 54323 8.64% Good
3 PE ratio 7.03 <10 Good
Price 2.32
EPS 0.33
4 Dividend yield
Dividend , sen 0.075
Dividend yield 3.2% >3.0%
5 Price/NTA 0.92 <1 Good
NTA 2.37

Posted by yfchong > 2014-06-24 13:47 | Report Abuse

Long journey......,

Posted by yfchong > 2014-06-26 12:50 | Report Abuse

OK, in target range.....,

Posted by Bs1688 > 2014-06-26 13:05 | Report Abuse

For genuine investors only.

Posted by Pak Lah > 2014-06-26 13:13 | Report Abuse

The price action really provokes retailers into selling. Patience is the key for this stock.

Posted by yfchong > 2014-06-26 14:41 | Report Abuse

yes yes....,

Posted by Eelyn Soon > 2014-06-30 21:43 | Report Abuse

Thanks guys for the informations.. It is just not suitable for me.. I would prefer to buy back only when the momentum is there. Otherwise, i would skip it for now..

Posted by danny1 > 2014-07-04 22:06 | Report Abuse

wait until neck long!must salute kcchong come up with theory but in real life....bye bye!

Posted by Frank Soweto > 2014-07-04 22:11 | Report Abuse

Posted by danny1 > Jul 4, 2014 10:06 PM | Report Abuse

wait until neck long!must salute kcchong come up with theory but in real life....bye bye!

didn't they say something like stock investment is like watching paint dry or something like that but if you dun want your neck to be long and you want real life action like the one in the movies fast & furious u better go to General Lee's German powered torpedo :)kikikiki