MIECO CHIPBOARD BHD

KLSE (MYR): MIECO (5001)

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Last Price

0.68

Today's Change

+0.005 (0.74%)

Day's Change

0.67 - 0.68

Trading Volume

454,100


8 people like this.

3,358 comment(s). Last comment by ddd ccc 2024-04-02 11:07

Posted by anonymousinvestor > 2015-07-03 15:07 | Report Abuse

Why nobody feeling excited? Lol

maelxpdc

761 posts

Posted by maelxpdc > 2015-07-03 15:21 | Report Abuse

me feeling excited..haha..mieco jerasia aegb all in great position..hahahaha

uyin

107 posts

Posted by uyin > 2015-07-03 16:03 | Report Abuse

resistant broken..fly..

yapie

301 posts

Posted by yapie > 2015-07-03 16:32 | Report Abuse

Still ok to buy now?

kwl8888

613 posts

Posted by kwl8888 > 2015-07-03 17:02 | Report Abuse

Mieco had been straight up for 5 trading days.
Better don't buy now.
Next Monday will drop.
Wait to buy lower in next week.

Posted by peiyen2006 > 2015-07-03 17:31 | Report Abuse

Once timber stock caught fire, it will burn for a month at least, check hevea and evergrn. Up trend confirmed and will pierce thru 0.80 next monday. Can get low 0.80s consider good price. Only up
around 10 cent for 5 days? first Tp 0.95 and will get equaliser with evergrn in 2-3 mos

Posted by peiyen2006 > 2015-07-03 17:35 | Report Abuse

If minho is above o.90,?no problem for this tp at all

Posted by anonymousinvestor > 2015-07-03 23:32 | Report Abuse

The chart shows good signs. No sign of retreat or pull back. In fact 77 cents resistance broken. The momentum jz started only as I see it. I'm not good in TA though.

Posted by anonymousinvestor > 2015-07-03 23:33 | Report Abuse

It's true that, evergreen and hevea ad fly high and left this mieco behind. Better catch up :)

chinesetea

1,390 posts

Posted by chinesetea > 2015-07-03 23:52 | Report Abuse

:-)

Posted by peiyen2006 > 2015-07-04 21:22 | Report Abuse

It was actually just slight higher than April 3 price by 1 cent. IT would have run up but delayed due to mgm change issues. The real price break indeed only started on friday. Still big room to grow toward 1.0 soon. Foreign fund favored stock.

maelxpdc

761 posts

Posted by maelxpdc > 2015-07-07 10:03 | Report Abuse

as long as ringgit makin lemah..it will goreng..wuhuhu..

kmohan62

484 posts

Posted by kmohan62 > 2015-07-07 11:41 | Report Abuse

Besides Evergreen Bhd,investors can safely go for this stock as its fundamental will improve with declining ringgit and oil price..

maelxpdc

761 posts

Posted by maelxpdc > 2015-07-07 12:16 | Report Abuse

sapa still hold mieco dari 0.7?hehehehehehehe

funfun

13 posts

Posted by funfun > 2015-07-07 15:46 | Report Abuse

haha you maelxpdc hit n run type.

uyin

107 posts

Posted by uyin > 2015-07-07 16:29 | Report Abuse

this week forecast 0.9..

kmohan62

484 posts

Posted by kmohan62 > 2015-07-08 08:23 | Report Abuse

This stock has a lot of catching up...its NTA is about RM 1.30..made a decent profit the last quarter and with the ringgit and crude petroleum price in the doldrums..I should concede that this is the next counter to watch besides Evergreen..expect a better quarterly result soon.

Posted by Goli Ong > 2015-07-08 14:59 | Report Abuse

only see evergrn survice today... =.=

ethan1986

94 posts

Posted by ethan1986 > 2015-07-09 11:01 | Report Abuse

mieco taking off already .855

uyin

107 posts

Posted by uyin > 2015-07-09 11:04 | Report Abuse

0.9 tomorrow..

kmohan62

484 posts

Posted by kmohan62 > 2015-07-09 11:22 | Report Abuse

As it is Evergreen is getting overvalued...those who have missed the boat on Evergreen can safely take position in this counter...this chipboard maker enjoys demand for its product not only locally but also from abroad..the last quarter results shows some similarity with Evergreen...a good turnaround..expected to chalk better performance in the coming quarters...still undervalued compared to Evergreen...expecting a TP of RM 1.20...achievable within the next quarter..

chinesetea

1,390 posts

Posted by chinesetea > 2015-07-09 16:21 | Report Abuse

Hidden gem - agree that it is the next Evergreen

ethan1986

94 posts

Posted by ethan1986 > 2015-07-09 16:32 | Report Abuse

already lift off? 0.92 now. too late to catch the plane?

yapie

301 posts

Posted by yapie > 2015-07-09 16:34 | Report Abuse

I am not sure about others.... but i am still buying on current price...

leecuteguy

475 posts

Posted by leecuteguy > 2015-07-09 16:41 | Report Abuse

@kmohan62 if i ask mieco still can buy, sure can because your tp is rm1.20. But do you think this counter will have profit taking after this??

98zpena

9 posts

Posted by 98zpena > 2015-07-09 16:43 | Report Abuse

still have a lot of margin between 0.90 - 1.20. safe trades within 0.90-1.00

chinesetea

1,390 posts

Posted by chinesetea > 2015-07-09 16:43 | Report Abuse

Check pe and nta for all furniture related stock eg.
evergreen, homeriz, latitud, sign, syf, pohuat, lihen, eurosp, hevea.
and you will find mieco is undervalued. Of course need to study more on growth prospect and etc. I leave it to expert like kcchongnz :-)

98zpena

9 posts

Posted by 98zpena > 2015-07-09 16:43 | Report Abuse

buying now..

kmohan62

484 posts

Posted by kmohan62 > 2015-07-09 17:54 | Report Abuse

Leecuteguy,
Profit taking is part and parcel of investing...if you hold for a month to a year where with the possibility of ringgit and oil price in the doldrums..you would make handsome returns..but if you are a contra player or for that matter a speculator...you may want to avoid this stock.

leecuteguy

475 posts

Posted by leecuteguy > 2015-07-09 19:29 | Report Abuse

hold one month to a year should not be a problem...... if profit taking happen then i would buy then....thx

Han Kim

93 posts

Posted by Han Kim > 2015-07-10 00:46 | Report Abuse

I not sure my info correct or not
1) friend A advice to buy and tp rm1
2) friend B say this company director fighting each other and 1 of the director sell off his share.

Dunno which is true... but i bought ady. Haha

hissyu2

868 posts

Posted by hissyu2 > 2015-07-10 08:19 | Report Abuse

if they fight each other, why he wants to sell??? if you are boss1, i am boss2... if i fight with you, i definitely want to purchase more stocks... then i become your boss.. and my words weight more than yours... LOL

maelxpdc

761 posts

Posted by maelxpdc > 2015-07-10 09:08 | Report Abuse

who still hold mieco since 0.70?hahahaha

maelxpdc

761 posts

Posted by maelxpdc > 2015-07-10 09:28 | Report Abuse

confirm fly lagi..break RM1.00..

sarariman

267 posts

Posted by sarariman > 2015-07-10 09:28 | Report Abuse

wow 1.00 already!

ethan1986

94 posts

Posted by ethan1986 > 2015-07-10 09:30 | Report Abuse

any news from mieco? suddenly shoot Today but its friday today

joel

4,580 posts

Posted by joel > 2015-07-10 09:32 | Report Abuse

Better Buy MIECO below rm1.00 today!

soros228

2,039 posts

Posted by soros228 > 2015-07-10 09:34 | Report Abuse

Joel, u are right.
I miss the boat.

ethan1986

94 posts

Posted by ethan1986 > 2015-07-10 09:37 | Report Abuse

i bought mine right below 1.00

joel

4,580 posts

Posted by joel > 2015-07-10 09:41 | Report Abuse

Hold !
Mieco will be look almost same way growth with Evergrn!

joel

4,580 posts

Posted by joel > 2015-07-10 09:41 | Report Abuse

别看短期盈利!

joel

4,580 posts

Posted by joel > 2015-07-10 09:43 | Report Abuse

NAT rm1.32 !
Par Value: rm1.00!

ethan1986

94 posts

Posted by ethan1986 > 2015-07-10 09:51 | Report Abuse

for those who havent get on board, better do so! still below rm1.00. ticket sold out fast!

Han Kim

93 posts

Posted by Han Kim > 2015-07-10 09:59 | Report Abuse

@hissyu2 yea. I also same thinking like u. Tat y i on board. Lol

alibabacoming

3,466 posts

Posted by alibabacoming > 2015-07-10 10:09 | Report Abuse

kikiki

hissyu2

868 posts

Posted by hissyu2 > 2015-07-10 10:59 | Report Abuse

Joel, I share the same idea with you... Don't look at short term Raya money... this stock worth more than Rm1.

joel

4,580 posts

Posted by joel > 2015-07-10 11:54 | Report Abuse

之前EVERGRN 股价介于rm1.00 波动时也好没受到大多数人目光,
可是今时今日的EVERGRN ,HOMERIZ (已经bonus issue from rm1.54 something)呢?
现在眼前的就是机会。
先购入来收住,一旦rm1.00, 1.05, 1.10
the next will be rm1.20 above !

而且MIECO 地par value is rm1.00 呢!
加上NTA = rm1.32 !

kmohan62

484 posts

Posted by kmohan62 > 2015-07-10 12:08 | Report Abuse

Those who are genuine investors...you can safely accumulate Mieco...still at attractive price...NTA RM 1.32...compare with Evegreen NTA is about RM 1.50.

kwl8888

613 posts

Posted by kwl8888 > 2015-07-10 12:23 | Report Abuse

Better don't buy now, wait drop back next week.
OTB informed his subscribers to take profit.

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