Posted by ZStrader > 2018-02-14 14:55 | Report Abuse

Yeaahaaa... discount.... Q buy at my target price....

Posted by ZStrader > 2018-02-14 16:40 | Report Abuse

gap down 2moro.. careful

Posted by Mcilroy2 > 2018-02-14 22:23 | Report Abuse

What is happening to this stock?

Posted by Mohd Fahmi Bin Jaes > 2018-02-14 22:28 | Report Abuse

Downtrend

Posted by Kweng Mak > 2018-02-19 12:39 | Report Abuse

ular besar main kukubird

Posted by Mcilroy2 > 2018-02-19 13:08 | Report Abuse

Can go in ?

Posted by Mohd Fahmi Bin Jaes > 2018-02-19 13:11 | Report Abuse

No

Posted by nich0las > 2018-02-20 12:17 | Report Abuse

UP liao..

Posted by Patrick Tth > 2018-02-21 09:26 | Report Abuse

Buy buy buy

Posted by Voon J. Hon > 2018-02-21 10:24 | Report Abuse

MIECO....up up up...Q4/16 dividend 10 sen. Expect same also for Q4/17

Posted by Mudamuda Remaja Mudamuda > 2018-02-21 10:45 | Report Abuse

Buy

Posted by ks_lim > 2018-02-21 13:06 | Report Abuse

Bi=trap!!be careful!!!!

Posted by Alex Soh > 2018-02-21 20:21 | Report Abuse

financial report coming out end of mth,maybe is a trap!!!

Posted by ZoneFD > 2018-02-23 19:46 | Report Abuse

If QR bad... This stock price already drop before it release... It wont drop much more...

Posted by Mohd Fahmi Bin Jaes > 2018-02-26 17:28 | Report Abuse

Qr out. Gap down

Posted by Dartmaster > 2018-02-26 17:29 | Report Abuse

Gap down then go back up lose 1-3 cent most .. MIECO is a good stock

Posted by scottybang > 2018-02-26 17:31 | Report Abuse

consider good result if compare with its peer

Posted by Dartmaster > 2018-02-26 17:32 | Report Abuse

yeah definitely the results is not that bad considering how strong RM currently stands. Hence, gap down few cents and climb back up definitely worth buying during the dips

Posted by Bentoji25 > 2018-02-26 17:57 | Report Abuse

if we exclude non-operational items, write-back of impairment (FY17 12m FY16 28m), gain on disposal of subsidiary (FY16 35m), tax credit (FY16 10m), FY17 result is actually much more better than FY16...

Posted by Patrick Tth > 2018-02-26 21:06 | Report Abuse

1 cent dividen will be given

Posted by Henry Tang > 2018-02-26 22:35 | Report Abuse

tk out the write back of impairment , net profit= 1.3M. EPS is only 0.25
huges drop in revenue due to 'The
softening of global demand has caused the decrease of plainboard sales volume'

and in the prospect it mentioned
'The Group foresee that the market conditions in the particle board industry will remain competitive and challenging
due to softening of market demand and competition from competitors'

it seen like sales volumne is cont to drop for 2018 Q1.

Posted by shpg22 > 2018-02-28 12:44 | Report Abuse

Alot of insider trading in this counter. Price dived by 50% right after Q3 result announced which report huge increase in profit. Its very clear. SC should investigate and take necessary action against the culprit.

Posted by Jupiter > 2018-02-28 13:23 | Report Abuse

How to say 4Q result is good compared to peer? Like what Henry Tang said, if take out write back of impairment, profit is only RM1.3mil!

Posted by shpg22 > 2018-02-28 13:35 | Report Abuse

Yes excluding impairment write back, FY17 Q4 had dropped by -84% YoY. Insider knew it very well ahead of the rest.

Posted by ryan_och > 2018-03-01 10:07 | Report Abuse

okay mah, PE only 6.x

Posted by ryan_och > 2018-03-01 10:08 | Report Abuse

compared to 2015, now 3q results is already double

Posted by ryan_och > 2018-03-01 10:11 | Report Abuse

now the price is consider reasonable as compared with 2015

Posted by warchest > 2018-03-05 10:45 | Report Abuse

Mieco gearing will be ballooning

Posted by warchest > 2018-03-05 10:49 | Report Abuse

Plus after taking into account of new acquisition of Great Platform which is loss-making - results should be worsen considering that the sector turns bad. and also the additional borrowing for the purpose of acquisition of Great Platform

Posted by warchest > 2018-03-05 10:50 | Report Abuse

since end of Nov 17, its shares like no support. it can only supports up to 2 week before another downtrend. over and over again.

Posted by shpg22 > 2018-03-17 15:45 | Report Abuse

MIECO is worst for insider trading. Its stock price start to drop right after reporting huge increase in profit for FY17 Q3 result. Total drop of 50% in just one quarter after record profit. Its so obvious, yet the SC still sleeping.

Posted by warchest > 2018-03-19 15:40 | Report Abuse

warchest keeps warning on this

Posted by warchest > 2018-03-19 15:41 | Report Abuse

JW Leong Nw 0.86
20/12/2017 11:51

JW Leong Player those panic selling js now will regret soon
20/12/2017 11:53
X
warchest once the acquisition done - RM60 mill of cash flow out and add in RM60 mill of borrowings. good luck mieco
20/12/2017 11:54
X
warchest and SYF borrowings will reduce RM60 mill and cash to increase to RM60 mill. Net effect RM120 mill and now they can concentrate to their core businesses - rubberwood furnitures and properties.

Posted by warchest > 2018-03-19 15:42 | Report Abuse

warchest the owner basically using mieco to absorb the liabilities of SYF.
20/12/2017 16:13
X
warchest that's going forward Mieco may ended up paying for those liabilities
20/12/2017 16:13

Posted by warchest > 2018-03-19 15:43 | Report Abuse

don't buy a downtrend counter

Posted by shpg22 > 2018-03-22 21:13 | Report Abuse

Demand ah chai to be trial for insider trading.

Posted by ks_lim > 2018-03-23 11:04 | Report Abuse

Cut loss and run away!!will break .50 soon & even break .45. Slowly killer!!!

Posted by ks_lim > 2018-03-23 11:06 |

Post removed.Why?

Posted by Mohd Fahmi Bin Jaes > 2018-03-24 19:34 |

Post removed.Why?

Posted by cashy > 2018-03-28 08:53 | Report Abuse

Hi all i’m Very new here, all the while I have just been reading, this is my first time texting,Just wondering will this share go all the way down to nothing or it will stop going down at certain price

Posted by ryan_och > 2018-03-28 09:57 | Report Abuse

I think already hit bottom, just wait for the v shape rebounce

Posted by warchest > 2018-03-28 10:04 | Report Abuse

No yet hit the bottom. See SYF and u will know

Posted by warchest > 2018-03-28 10:05 | Report Abuse

Like warchest was saying here. When at 90 plus cents, it is damn expensive since they are now getting a loss-making board business from SYF. Going forward, Mieco will less attactive

Posted by warchest > 2018-03-28 10:06 | Report Abuse

Anyway, please avoid ah chai counters. Retailers not in the same league as him

Posted by cashy > 2018-03-28 10:27 | Report Abuse

Ryan what do u mean by v shape rebounce?

Posted by cashy > 2018-03-28 10:28 | Report Abuse

War chest may I know SYF stands for ?

Posted by LowChingHong > 2018-03-28 10:57 | Report Abuse

I know SYF stands for!

Posted by warchest > 2018-03-28 14:15 | Report Abuse

See the latest quarter from SYF up to 31 Jan 2018 -revenue and losses contributions from the board business (i.e. Great Platfom) are RM44 mill and - RM2.7 mill for 6 months. Annualised will be about RM6 mill losses to Mieco per year. And since Mieco getting RM60 mill financing to acquire Great Platform, interest cost should be RM4 mill per year. Easily RM10 mill reduction in profit for Mieco

Posted by warchest > 2018-03-28 14:16 | Report Abuse

People may see that Great Platform as growing business but it may or may not be the case since the industry is slowing down. RM10 mill hit to income statement of Mieco. Is like Ah Chai using Mieco to finance the losses in the subsidiary of SYF.

Posted by JAY1234 > 2018-04-06 02:11 | Report Abuse

it will go below 40 cent before end this month