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

MFCB or Fondly Known As "My Father Comes Back" is a good & safe stock to own.

Posted by kcchongnz > 2014-07-05 10:01 | Report Abuse

Posted by danny1 > Jun 10, 2014 01:43 PM | Report Abuse
someone wrote theory after theory how good this stock...

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!


I like this fellow's comments everywhere trying to ridicule me. Why? It is because I can boast around about my stock pickings while responding to his comments. Otherwise I have no chance to do so. but i actually I have no such mood to do so. Ok here it is.

I first wrote about MFCB on August 2013, less than a year ago in i3investor here:

http://klse.i3investor.com/blogs/stock_pick_challenge_2013_2h/34201.jsp

Its share price was RM1.70 then. Actually when i write about any stock, I seldom talk about share price except to compare the price with value. I never tell people that this share of that share will go up to what price.

Now it RM2.28. Together with the dividends, the total return would be 66 sen, or about 40%, yes 40% in less than a year. This is more than twice than the return of the broad index.

"Wait until neck long"? So how bad is my "Theory after theory"?

Why you never talk about my picks in Datasonic, Prestariang, Pintaras, Jobstreest, CBIP, Willow, Homeritz, NTPM etc?

Posted by danny1 > 2014-07-05 10:11 |

Post removed.Why?

Posted by kcchongnz > 2014-07-05 10:59 | Report Abuse

Posted by kcchongnz > Jul 5, 2014 10:39 AM | Report Abuse X

No, I am not pissed off. I am delighted because I can boast around answering your questions.

First of all how did you selectively choose the 5 stocks? Cenbond was done long ago, more than a year? There are other stocks I have analyzed, written and shared in i3investors before. The table below summarized what stocks I have shared in i3 recently.

Stock Ref Price Dividend Price now Total return
Kuchai 1.20 0.00 1.45 20.8%
Prestariang 2.50 0.05 4.32 74.8%
Perak corp 2.69 0.085 2.61 0.2%
Magni 2.63 0.05 3.2 23.6%
Latitude 2.57 0.00 3.03 17.9%
MFCB 2.24 0.045 2.28 3.8%
Padini 1.75 0.03 1.97 14.3%
Pintaras 2.95 0.05 4.38 50.2%

Average Return xxxx xxxx xxxx 25.7%
KLSE 1829 xxxx 1885 3.1%


The total return of my portfolio is 25.7% in less than 8 months (?) compared to 3.1% of KLSE.

So I must compare with others and show you? Did I say I was competing with others? Tan KW may able to confirm this.

So I lose far behind the participants of the contest? How far behind? Can show us or not? By the way, do you know how to compute or not?

I really hope you can compute and show us. As I have no time for this. Do you know that I am so busy to teach others online finance and investment now? Don't you think I should spend my time for my students, rather than compute who is the winner of apa itu contest?

Posted by freecooper > 2014-07-06 00:19 | Report Abuse

Hi, can anyone tell me when is the renewal/end date for the IPP concessions? Or share with me the link to get that information please. Thank you

Posted by kcholland > 2014-07-06 22:20 |

Post removed.Why?

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

My son just joined Kc's class. I told him there is much to learn from the class esp the margin of safety he advocates in his stocks selection. It is for the long run not the quick return some stocks are giving now in this bull run. Anything above 10% per annum for long term is good. These days stocks return 10% a day so stocks returning 15% in 6months is not good enough for some people!

Posted by bonescythe > 2014-07-09 11:23 | Report Abuse

Good company.. Undervalue gem

Posted by matrix6050 > 2014-07-10 01:00 | Report Abuse

just gotta be patient if holding the stock of this company, who knows may be will move soon?

Posted by Eelyn Soon > 2014-07-10 22:29 | Report Abuse

this stock is indeed testing our patience... but once it comes, maybe it might end up like ulicorp... who knows?

Posted by calvintaneng > 2014-07-11 10:01 | Report Abuse

Yes Eelyn ,

Holders of My Father Comes Back will definitely Be Rewarded Handsomely Some Day. MFCB Is A Solid Growth Stock With High NTA & Strong Fundamental.

Posted by chenkx > 2014-07-11 10:44 | Report Abuse

undervalue gem but still doesn't shine

Posted by Eelyn Soon > 2014-07-14 23:09 | Report Abuse

thats why its best to only jump in when its momentum is there... right now use the money for smtg else..

Posted by calvintaneng > 2014-07-16 09:27 |

Post removed.Why?

Posted by SS661M > 2014-07-17 12:45 | Report Abuse

This counter needs some other forms of promotion. FA doesn't do the job. May b some rumors will do.

Posted by calvintaneng > 2014-07-17 18:53 | Report Abuse

This MFCB Is Actually Ripe For Corporate Exercise Like Pintaras, TN Logistics or Kimlun

1) Issue Bonus Issue
2) Share Split For Cheaper Entry To Attract Retail Players
3) Free Warrants To Sweeten The Deal
And A Special Dividend would really Wake Up Mr. Market!

MFCB HAS ALL THE INGREDIENTS FOR IT.

Posted by SS661M > 2014-07-17 19:32 | Report Abuse

MFCB is traded too cheap. EV/EBIT < 4 the last time I looked into it. Yes. It can afford to split to make it more expensive, at the same time more attractive to those who only know the price but not knowing the value.

Posted by titus > 2014-07-24 08:36 | Report Abuse

It is indeed a fundamentally stong company but part of MFCB revenue is from power plant in China & Sabah. Both of the power plant contract end by 2017. Don't see any news on new business development to replenish this revenue.

Posted by speakup > 2014-07-24 23:15 | Report Abuse

MFCB has bought back about 8.5% of its own shares! MFCB may give out a special share dividend soon. Tunnnnggggguuuuuu!!!!!

Posted by speakup > 2014-07-24 23:17 | Report Abuse

PE only 6.7x! Dividend 3.2%. NTA 3.07 vs current price 2.22.
+ prospect of a big special share dividend makes MFCB a strong buy!

UNDERVALUED!

Posted by speakup > 2014-07-25 11:13 | Report Abuse

look at the volume recently, someone slowly accumulating.
guess other ppl also know this company is UNDERVALUED!

Posted by speakup > 2014-07-25 11:49 | Report Abuse

Since MFCB already holding about 8.5% treasury shares, I foresee MFCB giving out a good Share Dividend soon. Tunnnngggggguuuuuu!!!!!

Posted by speakup > 2014-07-25 16:26 | Report Abuse

someone accumulating MFCB :-)

Posted by chrisyap > 2014-07-26 10:27 | Report Abuse

indulge yourself with the divvy next month, place some bets to ride on a potential prancing horse kikiki

Posted by speakup > 2014-07-27 16:24 | Report Abuse

look at MFCB chart, serious accumulation going on.

Posted by speakup > 2014-07-28 18:11 | Report Abuse

MFCB & Mudajaya same biz. Mana lebih bagus?

Posted by calvintaneng > 2014-07-28 19:19 | Report Abuse

Both MFCB & MUDAJAYA Have Similar Recession Proof Business. So both are Also Good.

MFCB Has Higher NTA While MUDAJAYA Has Higher EPS.

MFCB Has An Edge Over MUDAJAYA Because of Its Limestone Quarry - Producing Calcium Silica Bricks. Will Benefit From Construction & Housing Boom.

MFCB Is Definitely Undervalue.

Posted by speakup > 2014-07-30 12:06 | Report Abuse

Calvin any idea what MFCB going to do with its 8.4% treasury stock? Will it cancel it or distribute to existing shareholders?

Posted by speakup > 2014-07-30 12:12 | Report Abuse

MFCB already has low free float, so if cancel their treasury shares will make it worse.

Posted by calvintaneng > 2014-07-30 20:28 | Report Abuse

Speakup,

I think the best option would be to give treasury shares as dividend together with bonus issue, share split and free warrant as booster for MFCB Share price and to reward shareholders.

Posted by speakup > 2014-07-31 11:54 | Report Abuse

MFCB starting to move :-)

Posted by kahhoeng > 2014-07-31 20:19 | Report Abuse

Bought some MFCB today, at a relative high price, 2.29... Hope coming quarter report will be good

Posted by coolio > 2014-07-31 23:03 | Report Abuse

that is not high price my friend, this counter is deeply undervalue. good luck!

Posted by chrisyap > 2014-07-31 23:37 | Report Abuse

Take the bull by the horns when it started in rage!

Posted by speakup > 2014-08-01 22:58 | Report Abuse

MFCB already buy back about 8.5% of its shares. I expect a generous share dividend coming soon :-)

Posted by QQ12 > 2014-08-04 09:45 | Report Abuse

Anyone know why MFCB buy a lot of JADI shares?? Thanks

Posted by richman > 2014-08-04 10:42 | Report Abuse

maybe as an investment as they know hat the price will appreciate in the long run

Posted by kahhoeng > 2014-08-04 17:02 | Report Abuse

I would rather them focusing on their businesses rather than betting on equities gains...

Posted by coolio > 2014-08-04 23:09 | Report Abuse

Discount Cash Flow Model 1
Valuation on MFCB 8/4/2014

Table 6.1: Assumptions
Current stock price $2.26
Share outstanding (Mil) 242,455
This year FCF (avg last 3 years) $75,000
Next year's FCF (mil) $78,750
Growth for the next 5 and 10 years 5.0% 3%
Teminal growth rate, g 1.00%
Discount rate, R 10.0%

Table 6.2: DCFA
PV of FCFF of core operations $1,052,000
Non-operating cash $156,635
Investment in Properties $121,363
Investment in Quote share $70,889
Debts ($71,779)
PV of FCFE $1,329,108
Less minority interest ($421,327) 31.70%
FCFE $907,781
Number of shares 242455
FCF per share $3.74 66%
MOS 40%

Intrinsic Value of MFCB is RM3.74. Potential gain of 66%!

Posted by speakup > 2014-08-06 23:09 | Report Abuse

Everybody knows MFCB is severely undervalued, but somehow nobody wants to push it up to its fair value.

Posted by newbird33 > 2014-08-07 00:39 | Report Abuse

Undervalued? Then why did the boss sold?

Posted by ohy2012 > 2014-08-07 08:49 | Report Abuse

The boss holds more than 32% of shares.

Posted by speakup > 2014-08-07 10:44 | Report Abuse

this company must tunnggggguuuuu until the carbon turn into diamond :-)

Posted by speakup > 2014-08-07 11:01 | Report Abuse

long term value investors buy MFCB now at 2.23
short term speculator/punters buy MFCB when MFCB rise to 2.60 :-)

Posted by yfchong > 2014-08-07 16:48 | Report Abuse

i also tunggu, i want at Rm 2.20 like going wet market bargaining..,

Posted by speakup > 2014-08-07 22:59 | Report Abuse

yes 2.20, I will whack another 200 lots. cant miss this opportunity to collect more of this gem.

Posted by boonchai > 2014-08-08 12:29 | Report Abuse

2.17 now

Posted by yfchong > 2014-08-08 12:59 | Report Abuse

well this, i am in the game, need to monitor., 2013 dec 31 closing was at 2.18. so consider flattish. compared to its kawan kawan bursa., if breaks down another need to make measures. so wish me luck...after all the studies......, This will keep for a year...,

Posted by yfchong > 2014-08-08 13:03 | Report Abuse

need to check the ttm p/e..,

Posted by Bs1688 > 2014-08-08 13:13 | Report Abuse

@yfchong, your wish is granted , did you buy? I am still watching.