MUAR BAN LEE GROUP BERHAD

KLSE (MYR): MBL (5152)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.425

Today's Change

-0.005 (1.16%)

Day's Change

0.425 - 0.43

Trading Volume

115,400


7 people like this.

1,816 comment(s). Last comment by yrhc_eht 1 week ago

mrkhoi306

41 posts

Posted by mrkhoi306 > 2024-04-29 14:59 | Report Abuse

slow month incoming.... market going slow mode now

sh0cklife

76 posts

Posted by sh0cklife > 2024-04-29 15:52 | Report Abuse

Slow is ok, as long everything is going according to plan

ElijahYH

240 posts

Posted by ElijahYH > 2024-04-29 17:33 | Report Abuse

Slow month because of the slogan 'Sell in May' ? Don't trust that nonsensical shxt

ryoyagod

192 posts

Posted by ryoyagod > 2024-04-30 15:06 | Report Abuse

Better collect now, otherwise you will chase high afterwards because palm oil theme is coming

Posted by elhippo2001 > 2024-04-30 15:11 | Report Abuse

Support up support up! Real rally start after hitting 0.50!

KarmaS

37 posts

Posted by KarmaS > 2024-04-30 17:35 | Report Abuse

confident in MBL, no worries at all....

MikeyChan

263 posts

Posted by MikeyChan > 2024-04-30 22:26 | Report Abuse

Limit up when it declares dividend 🤑

Harim99

130 posts

Posted by Harim99 > 2024-05-02 11:33 | Report Abuse

Minyak sawit memberi byk faedah kpd kesihatan, dan juga dpt tingkatkan kualiti produk makanan.

https://www.dagangnews.com/article/minyak-sawit-banyak-faedah-kepada-kesihatan-tingkatkan-kualiti-produk-makanan-36926

TopKey

59 posts

Posted by TopKey > 2024-05-02 15:11 | Report Abuse

Wah i wish can limit up, but market no that good this few weeks

AlanToast

53 posts

Posted by AlanToast > 2024-05-02 18:08 | Report Abuse

just wait for dividend, then gt chance limit up...

Aubree

197 posts

Posted by Aubree > 2024-05-02 18:42 | Report Abuse

Keep accumulating as it still undervalued and low-risk

Posted by Lalaking188 > 2024-05-03 15:41 | Report Abuse

0.40-0.50 is accumulate zone for MBL, sit back & minum kopi ais

ChandranG

383 posts

Posted by ChandranG > 2024-05-03 16:51 | Report Abuse

See, palm oil products can not be boycotted in Malaysia or else will kena 😆https://www.freemalaysiatoday.com/category/nation/2024/05/03/convenience-store-raided-for-selling-no-palm-oil-ice-cream/

Coleman77

69 posts

Posted by Coleman77 > 2024-05-03 16:53 | Report Abuse

Can always collect while undervalue, MBL performance are improving every quarter

ElijahYH

240 posts

Posted by ElijahYH > 2024-05-03 19:13 | Report Abuse

Haha, from Starbucks to KFC, now palm oil? 😂😂

Harim99

130 posts

Posted by Harim99 > 2024-05-06 09:51 | Report Abuse

Kerajaan dah ambil tindakan atas perkara tu ... memang susah, boikot sini dan sana

https://www.thestar.com.my/news/nation/2024/05/04/issue-warning-not-rm250000-fine-for-first-time-039no-palm-oil039-label-offences-urges-mydin-boss

Posted by elhippo2001 > 2024-05-06 16:28 | Report Abuse

Bolehland mah, one day no boikot very itchy

ryoyagod

192 posts

Posted by ryoyagod > 2024-05-06 17:18 | Report Abuse

It won't be as badly affected as KFC. Palm oil industry to continue operating as usual, no biggie

mrkhoi306

41 posts

Posted by mrkhoi306 > 2024-05-06 17:26 | Report Abuse

No big deal, may is the breakout month for Mbl

ryoyagod

192 posts

Posted by ryoyagod > 2024-05-07 16:35 | Report Abuse

See, MBL is rebounding and so is CPO price. Really is no biggie one

https://www.mpoc.org.my/market-insight/daily-palm-oil-prices/

KarmaS

37 posts

Posted by KarmaS > 2024-05-07 17:00 | Report Abuse

can always collect below 0.50, confident in MBL!

AlanToast

53 posts

Posted by AlanToast > 2024-05-07 18:51 | Report Abuse

end of month q1 result is out, confirm good profits

MikeyChan

263 posts

Posted by MikeyChan > 2024-05-07 18:56 | Report Abuse

Don't forget that MBL might declare dividends 😉

TopKey

59 posts

Posted by TopKey > 2024-05-08 16:47 | Report Abuse

if declare dividend confirm at least 60cents

Posted by Lalaking188 > 2024-05-08 17:45 | Report Abuse

if first quarter is doing well, they might give dividend.. wait till end of month first la

Aubree

197 posts

Posted by Aubree > 2024-05-09 08:31 | Report Abuse

MALAYSIA plans to introduce “orangutan diplomacy” in its relations with major palm oil-importing countries, offering the animals as trading gifts in an effort to allay concerns about the environmental effects of growing the commodity.

Albukhary

3,050 posts

Posted by Albukhary > 2024-05-14 12:49 | Report Abuse

MBL, once of the most undervalue counter.
100% return is not a dream.

Albukhary

3,050 posts

Posted by Albukhary > 2024-05-17 12:17 | Report Abuse

MBL start moving

Thealanor

89 posts

Posted by Thealanor > 2024-05-17 18:29 | Report Abuse

Wait QR then move

sh0cklife

76 posts

Posted by sh0cklife > 2024-05-21 16:38 | Report Abuse

bila boleh naik

Albukhary

3,050 posts

Posted by Albukhary > 2024-05-27 13:05 | Report Abuse

Result is out... Just a normal result, nothing special.
But if you look the the Gross Profit, it is quite surprising (Gross Profit RM18mil based on Revenue RM60mil, almost 30%)
The admin cost for this quarter is very high, I believe this is due to China Man company will always give bonus during CNY, so the admin expenses has increase a lot compare to other quarter. (Unlike MNC, they will normally provision for the bonus on quarterly basis, so you wont see suddenly 1 quarter admin cost has jump up 30-40%).

Refer to the QR commentary, next quarter will be very good, because the court case settlement of RM10,000,000 deposit forfeited will be book in as "other income" on next quarter.

Thealanor

89 posts

Posted by Thealanor > 2024-05-30 16:55 | Report Abuse

result is acceptable lah, q2 shud improve

Albukhary

3,050 posts

Posted by Albukhary > 2024-06-12 00:35 | Report Abuse

Seriously, market capital RM115mil is too low.
MBL is worth at least RM250mil, or RM1.00 per share.

Thealanor

89 posts

Posted by Thealanor > 2024-06-12 16:03 | Report Abuse

one day it will reach 1.00

Peace99

2,264 posts

Posted by Peace99 > 2024-06-14 10:33 | Report Abuse

Proton eMas, EV end of year leh..... MBL will benefit from this

Peace99

2,264 posts

Posted by Peace99 > 2024-06-14 10:38 | Report Abuse

And 50 acres of durian maturing next year! So 2025, will have two more new income from EV durian sales!!

Posted by higHChloride > 2024-06-14 15:47 | Report Abuse

hold long term...

Albukhary

3,050 posts

Posted by Albukhary > 2024-06-21 14:14 | Report Abuse

MBL, bila you nak bagun.
Sudah tidur lama, it is time to wake up la.
Stand up and let market see how tall you are.

TopKey

59 posts

Posted by TopKey > 2024-06-25 15:20 | Report Abuse

patience will pay off soon

alienbiru

107 posts

Posted by alienbiru > 2024-06-26 17:31 | Report Abuse

finally some movement

Posted by Believe3222 > 2024-08-27 14:26 | Report Abuse

wow mama! what a QR!

Posted by Believe3222 > 2024-08-27 14:30 | Report Abuse

mainly due to the other income of RM10 million being retained by MBL Plantation Sdn Bhd.

10mil declare special div la. Dont so stingy

Posted by higHChloride > 2 months ago | Report Abuse

Very slow lehhhh

Posted by higHChloride > 1 month ago | Report Abuse

hahaha sdh lari lor

Posted by Starisborn > 3 weeks ago | Report Abuse

Crude Palm Oil breaches RM5,045.....better days are ahead 😁

Posted by Tomatoman79 > 2 weeks ago | Report Abuse

Johor Plantations Group Bhd (KL:JPG) said on Monday that it has appointed Johor Corporation (JCorp) affiliated company JL Projects Sdn Bhd as the project manager consortium (PMC) for the construction of its integrated sustainable palm oil complex (ISPOC) for RM30.99 million.

In the bourse filing, Johor Plantations said the three-year contract sum represents 9.9% of the ISPOC’s estimated gross development cost, which works out to be RM313.04 million.

The refinery is expected to be completed by mid-2026.

Japanese oils and fats company Fuji Oil Asia Pte Ltd is the builder for the refinery located in Pasir Logok, Kota Tinggi.

JL Projects is a wholly owned by JLand Group Sdn Bhd, which in turn is 100% owned by JCorp, the largest shareholder of Johor Plantations with a 65% stake.

The group said JL Projects has considerable experience in managing projects on Malay reserved land, ensuring compliance with the relevant regulations by collaborating closely with government agencies. “With an emphasis on accountability and transparency, JL Projects' proven ability to handle complex projects makes them a suitable candidate to oversee the management of the construction of the ISPOC project via the proposed appointment of PMC,” it added.

The ISPOC is a large-scale facility that combines several stages of the palm oil production process in a single location. It comprises a palm oil mill, a specialty fats refinery, a kernel crushing plant, a bio-energy power plant as well as an animal feedmill in a single location.



- got kernel crushing plant. If MBL do this part, will shoot up.

Posted by Starisborn > 1 week ago | Report Abuse

Wow… a superb quarter results. Better days are ahead 👍

yrhc_eht

26 posts

Posted by yrhc_eht > 1 week ago | Report Abuse

no declare dividend = nothing ...

Post a Comment
Market Buzz