Posted by FullTime > 2015-09-12 10:32 | Report Abuse

last night dow jones.up, mieco will re-bounce on Monday ?

Posted by TengkuFaisal > 2015-09-12 10:36 | Report Abuse

Bodohland ppl say re-bounce....

In standard 1 my teacher already taught me is rebound.

Bodohland ppl also say stock price will raise.

My teacher taught me it will rise.

Posted by AllWin > 2015-09-12 13:12 | Report Abuse

I bought at 0.72, sold all at 0.97 and 1.08... then it drop back miserably to around 0.70.. not dare to buy again as may not that lucky again.

Posted by ChartMaster > 2015-09-12 15:37 | Report Abuse

if USA increase rate next wednesday, malaysia ringgit will crash, benefit this counter.

Posted by hula > 2015-09-12 17:09 | Report Abuse

Rm crash how much?

Posted by ChartMaster > 2015-09-12 17:21 | Report Abuse

nobody will know until this thursday

Posted by kwl8888 > 2015-09-12 17:57 | Report Abuse

I Bought at 1.20, sifu advised cut loss at 1.02 before big drop.
After that not dare to buy anymore.

Posted by yongyou > 2015-09-12 20:27 | Report Abuse

Hi kwl8888, since you have a sifu , why didn't you consult your sifu first before you buy?

"kwl8888 > I Bought at 1.20, sifu advised cut loss at 1.02 before big drop.
After that not dare to buy anymore.
12/09/2015 17:57"

Posted by yongyou > 2015-09-12 20:29 | Report Abuse

Hi Grace LY, u in Mieco also?

"Grace Ly > how now>>>>?? wait until when it up again?
11/09/2015 17:02"

Posted by seaninis > 2015-09-12 21:02 | Report Abuse

I bot at 0.89,didnt sell when it hit 1.05,now dropped bc to 0.90,haiz

Posted by Icon8888 > 2015-09-13 08:23 | Report Abuse

I think this stock got syndicate play

Patient a bit

Maybe they will do s big push when index is bullish

Posted by Grace Ly > 2015-09-14 09:42 | Report Abuse

yongyou, yes, i am in mieco, bot at 1.2 last two month, so stupid myself....

Posted by Terence Low > 2015-09-14 17:13 | Report Abuse

something is going on

Posted by fazrulhanipah > 2015-09-14 17:41 | Report Abuse

What is going on?

Posted by misterzikk > 2015-09-14 21:09 | Report Abuse

I think anything below 90 must sapu

Posted by Terence Low > 2015-09-15 17:47 | Report Abuse

this counter is gonna be huge.

Posted by Pakcik Saham > 2015-09-16 20:26 | Report Abuse

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is < 10
EV/EBITDA ratio = Enterprise Value (Today) /
Earnings Before Depreciation and Amortization (TTM)
= 228.4 / 52.004
= 4.39
Enterprise Value (Q: Jun. 2015 )
= Market Cap + Preferred Stock + Long-Term Debt
= 148.05 + 0 + 0.062
+ Short-Term Debt Without Lease + Minority Interest - Cash and Cash Equivalents
+ 91.512 + 0 - 11.26
= 228.4
Mieco Chipboard Bhd Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Jun. 2015 was 9.544 (Sep. 2014 ) + 21.183 (Dec. 2014 ) + 8.91 (Mar. 2015 ) + 12.367 (Jun. 2015 ) = RM52.04 Mil.

Posted by seaninis > 2015-09-16 22:52 | Report Abuse

Y this counter like dead ady?

Posted by red_85 > 2015-09-17 00:54 | Report Abuse

below 70 cent only consider this counter...anything above 70cent is consider overvalue..
just my 2 cents..

Posted by fazrulhanipah > 2015-09-18 10:54 | Report Abuse

Buy and hold

Posted by hunterdom84 > 2015-09-18 14:24 | Report Abuse

this counter big buyers oredy get profit and out la...

Posted by Terence Low > 2015-09-18 15:09 | Report Abuse

Exactly. Buy and hold. Good thing come to those who wait.

Posted by anonymousinvestor > 2015-09-21 09:54 | Report Abuse

come come, come back again. short term TP 1.20, mid/long term 1.40-1.60

Posted by kcfan > 2015-09-25 21:11 | Report Abuse

http://www.theedgemarkets.com/my/article/mieco-chipboard-sells-forest-management-unit-rm35m-cash

Posted by ykinvestor > 2015-09-26 12:22 | Report Abuse

The extract from the edge article :- [ The deal is expected to net it a disposal gain of about RM34.95 million — after sale related expenses( EPS of approximately 16.65) according to its filing with Bursa Malaysia this evening. ]

Q1 FY15 EPS = 1.53
Q2 FY15 EPS = 3.21 (Double of Q1)
Q3 FY15 EPS = 6 ((Assuming Double of Q2)
Q4 FY15 EPS = 6
With the Assumption of EPS of 6 cents for Q3 and Q4. The estimated whole year FY15 EPS = (1.53 + 3.21 + 6 + 6 = 16.74 cents).
Using PE of 10. Its estimated FV is RM 1.60.
If we include the one off gain of 16.65 cents from the sale above, the FY15 total EPS is 16.74 + 16.65 = 33.39 cents.

Posted by ykinvestor > 2015-09-26 12:23 | Report Abuse

With the extra cash in the company, can it become the target of acquisition ?? i.e. by Hevea ??

Posted by hissyu2 > 2015-09-27 18:42 | Report Abuse

Hmmm... Fy15 q3, double of fy15q2? Perhaps...

Posted by veln82k6 > 2015-09-28 21:26 | Report Abuse

From annual report "If the relevant foreign currencies strengthened against the respective functional currencies of the Group entities by 5% (2013: 5%), it would decrease the Group’s profit before tax and decrease its retained earnings by approximately RM1.0 million (2013: increase loss before tax of RM1.4 million) and RM0.8 million (2013:RM1.0 million) respectively. A weakening in foreign currencies against the respective Group entities’ functional currencies by 5% (2013: 5%) has an equal but opposite effect"

Posted by veln82k6 > 2015-09-28 21:26 | Report Abuse

Mieco unlikely to benefit from strengthen of USD...

Posted by Grace Ly > 2015-10-01 08:58 | Report Abuse

today star said Akhbar Khan owns 56.76% as a major shareholder in Mieco,,,,,, should be good news, pls see star biz news, anyone pls comment

Posted by Ah Yen > 2015-10-13 17:15 | Report Abuse

what's going on for mieco recently? haiz.....

Posted by Springfield > 2015-10-14 20:32 | Report Abuse

Target immediate 1.10 buy if below 90

Posted by Wondermama > 2015-10-15 13:35 | Report Abuse

I see alternating play between Hevea and Mieco. Hevea taking lead

Posted by stainlyho37 > 2015-10-16 13:59 | Report Abuse

yes...Mieco to be come after lunch......

Posted by stainlyho37 > 2015-10-16 14:59 | Report Abuse

coming...hevea wb touch 1.00....Meico to follow ...

Posted by Wondermama > 2015-10-16 21:12 | Report Abuse

Too abrupt change for my liking. Will wait 3bids movement

Posted by firdaus7lapan > 2015-10-19 15:28 | Report Abuse

I see...finally, performing after lunch. But, it is today, not 16Oct... :).

Posted by Wondermama > 2015-10-19 16:56 | Report Abuse

Another happy one!

Posted by firdaus7lapan > 2015-10-19 17:14 | Report Abuse

Is this time can go TP 1.10? at first, today break 1.02 and touched 1.03. Let see tomorrow condition... :).

Posted by kevin008 > 2015-10-19 21:29 | Report Abuse

good qtr rpt ?

Posted by crystal168 > 2015-10-20 10:23 | Report Abuse

must break 1.03 first

Posted by crystal168 > 2015-10-20 10:24 | Report Abuse

try see if can get at 0.925

Posted by Wondermama > 2015-10-20 12:52 | Report Abuse

Sold!....awaiting next buy

Posted by 77huat77 > 2015-10-20 15:17 | Report Abuse

Any supporter ?hahaha

Posted by Lim > 2015-10-20 17:13 | Report Abuse

I thought will testing 1.1 today. back to support 0.99

Posted by kokchengkai > 2015-10-21 10:24 | Report Abuse

Waiting for second round..stable in 1.00 is Important..

Posted by sarahdeaton > 2015-10-21 11:20 | Report Abuse

woa, this counter up 3 cents liao.

Posted by sarahdeaton > 2015-10-21 11:22 | Report Abuse

i searched for any news, but can't find any positive or negative. so i scared.

Posted by sarahdeaton > 2015-10-21 11:26 | Report Abuse

Mieco Chipboard is selling its unit Mieco Wood Products Sdn Bhd, which is mainly involved in reforestation, for RM35mil cash to repay borrowings and for additional working capital.

sell property to repay debt? good meh?

Posted by ChartMaster > 2015-10-22 07:33 | Report Abuse

in 2016 budget, there will be some incentives given to export industry , this is the reason all export related companies flying from yesterday