Posted by ChandranG > 2 weeks ago | Report Abuse

Probably can go up to Rm5000 per ton if El Nino worsen

Posted by TopKey > 2 weeks ago | Report Abuse

Nice, better continue to collect more & ride the CPO trend

Posted by Harim99 > 2 weeks ago | Report Abuse

MBL akan picah 50 sen semasa harga minyak sawit naik sampai Rm5k per tonne 😀

Posted by AlanToast > 2 weeks ago | Report Abuse

close above 0.45 liao, time for breakout??

Posted by Albukhary > 2 weeks ago | Report Abuse

Be patient, just a matter of time.

Posted by Lalaking188 > 2 weeks ago | Report Abuse

CPO 5k is inevitable, pick up more first

Posted by Aubree > 2 weeks ago | Report Abuse

https://theedgemalaysia.com/node/706896

No need to say more. Join the boat and ride with the imminent breakout

Posted by ElijahYH > 2 weeks ago | Report Abuse

Once MBL breaks the blocks at 46 cents, it will go all the way up

Posted by Coleman77 > 2 weeks ago | Report Abuse

collect while undervalue... mbl performance are improving every quarter...

Posted by 11wenhao11 > 2 weeks ago | Report Abuse

of course it's undervalued. Current PE is only around 5.8x and NTA value worth RM1.02 !

Posted by elhippo2001 > 2 weeks ago | Report Abuse

Double the current value now, cheap & undervalue if dividend announcement confirm fly up

Posted by Harim99 > 1 week ago | Report Abuse

Kumpul saja semasa ia masih murah dan berisiko rendah, jika anda ada aliran tunai yg baik 🙂

Posted by KarmaS > 1 week ago | Report Abuse

See next week how, this week raya mode market is slow

Posted by ryoyagod > 1 week ago | Report Abuse

True, MBL probably will shoot up after that as people will use raya duit to buy in 😁😁

Posted by mrkhoi306 > 1 week ago | Report Abuse

personally wont add anymore unless kena push down, now waiting game je

Posted by Albukhary > 1 week ago | Report Abuse

Court case settled. Win win situation.

The buyer agreed to let MBL forfeited RM10mil deposit, and MBL shall payback the balance of RM13.9mil to the buyer.

If assumed this disposal was not recognized before, so now this RM10mil forfeited will be recognized as "other income / one-off gain" in the next QR.

Below are the announcement:-
The Board of Directors of MBL wishes to announce that both Plaintiff and Defendant have entered into a Settlement Agreement on 8 April 2024 to reach a full and final settlement of the Civil Suit between parties and the Share Sale Agreement dated 1 April 2021 between parties subject to the recording of a Consent Order/Judgment before the High Court, whereby RM13,900,000.00 is to be refunded to the Plaintiff and the balance of RM10,000,000.00 is to be retained by the Defendant as liquidated assessed damages, wherein the full terms and conditions are contained in the Settlement Agreement.

Posted by Aubree > 1 week ago | Report Abuse

That indeed is a good news for MBL. This case has been dragging on for a long time and finally they reached a consensus and decided to settle the case

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3437103

Posted by MikeyChan > 1 week ago | Report Abuse

wow, nice. Then high chance for MBL to declare dividends this year

Posted by AlanToast > 1 week ago | Report Abuse

Another good news, you sure another dividend news is coming?

Posted by TopKey > 1 week ago | Report Abuse

Share buyback again... MBL looking very hot lately

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3437521

Posted by ChandranG > 1 week ago | Report Abuse

Proposing share buy back 😮 it is going to break 50 cents in due time

Posted by Peace99 > 1 week ago | Report Abuse

So, correct me if wrong, basically MBL won, because it got 10mil (minus some expenses) from the Plaintiff, since Plaintiff paid 23.9mil as deposit and the refund is 13.9 mil only.

Posted by Peace99 > 1 week ago | Report Abuse

That means buta-buta income of RM 10mil/224mil shares ~ 4.5 sens/share :) :)

Posted by Lalaking188 > 1 week ago | Report Abuse

Finally patience paid off, today can close 0.50 if momentum keep going

Posted by Coleman77 > 1 week ago | Report Abuse

The remaining RM10,000,000.00 will be retained by the Defendant as liquidated assessed damages. The balances after deducting the earlier cost and damages suffered will be treated as other income to the Defendant.

Yep... counted as 10m other income

Posted by Aubree > 1 week ago | Report Abuse

Can't say buta-buta income 😅 This case had been dragging for so long and it's great that both parties have reached certain compromises and are being 'compensated' monetarily

Posted by Peace99 > 5 days ago | Report Abuse

Ha ha, ya not really buta buta but MBL still retain the ~2000 acres of plantation right with ~90 year lease. Any news what MBL is going to do with this big piece of land??

Posted by yrhc_eht > 5 days ago | Report Abuse

finally court case settled. with nta of 1.02, share price will fly soon

Posted by Harim99 > 4 days ago | Report Abuse

Berita baik diisytiharkan secara berturut-turut 🤗
MBL akan pecah 50 sen tak lama lagi

Posted by ElijahYH > 4 days ago | Report Abuse

Malaysian palm oil exports continue to increase
https://www.thestar.com.my/business/business-news/2024/04/15/malaysia039s-palm-oil-stocks-fall-to-10-month-low-as-exports-surge

Posted by elhippo2001 > 4 days ago | Report Abuse

push push push, closer to 0.50 now

Posted by mrkhoi306 > 4 days ago | Report Abuse

Now just sitback & see MBL break 50 sen wall....

Posted by 11wenhao11 > 3 days ago | Report Abuse

That 50 cents of TP need to wait after the geopolitical tensions ease. Ha

Posted by wbuffet2 > 3 days ago | Report Abuse

Never lose your capital. Side line first before it's too late.

Posted by TopKey > 3 days ago | Report Abuse

gg.. good run I guess... time to rest from the market for abit

Posted by ryoyagod > 3 days ago | Report Abuse

The war will be over for sure. Be greedy in the market while others are fearful

Posted by KarmaS > 3 days ago | Report Abuse

No worries, no panic! back to the starting point & restart the race again!

Posted by wbuffet2 > 2 days ago | Report Abuse

If Israel retaliates, likely it will dip below 40 sen and may test the 35 sen support level.😰

Posted by Lalaking188 > 2 days ago | Report Abuse

hahaha wont drop below 40 sen, momentum too strong now

Posted by elunmask8 > 2 days ago | Report Abuse

Let's wait for the IRAN/ISRAEL conflicts to settle down first. Meanwhile, pray hard that no one starts the escalation of tension into unchartered territory.....which IRAN tested the water

Posted by AlanToast > 2 days ago | Report Abuse

hahaha either monitor or take profit, both works

Posted by MikeyChan > 1 day ago | Report Abuse

It seems like MBL is heading towards 50 cents

Posted by ChandranG > 1 day ago | Report Abuse

It's still traded below its NTA value by the way

Posted by Coleman77 > 1 day ago | Report Abuse

see next week performance first, too early to predict

Posted by elhippo2001 > 1 day ago | Report Abuse

monitor & target for warrant also, might move up with mother..

Posted by Harim99 > 22 hours ago | Report Abuse

Penganalisis industri percaya sebaliknya dengan mereka menjangkakan pengeluaran minyak sawit meningkat mulai Mei

Posted by Harim99 > 22 hours ago | Report Abuse

https://www.astroawani.com/videos/video-terkini-x7sio1/masa-terbaik-beli-saham-syarikat-tanam-sawit-x8wxqam

Memang masa terbaik beli saham syarikat tanam sawit 🙂

Posted by wbuffet2 > 6 hours ago | Report Abuse

OMG, Israel retaliates....😰

Posted by mrkhoi306 > 1 hour ago | Report Abuse

May = start of uptrend???

Posted by KarmaS > 15 minutes ago | Report Abuse

too early to predict, uncertainty around the corner now