Posted by Icon8888 > 2019-11-26 17:07 | Report Abuse

So bullish... result very good ?

Posted by Icon8888 > 2019-11-28 20:12 | Report Abuse

Very curious about coming result

Posted by Icon8888 > 2019-11-29 13:18 | Report Abuse

fuiyoh super EPS

6.8 Sen per quarter !!!!

Posted by coolio > 2019-11-29 14:11 | Report Abuse

Wauuuuu..up up n uppppp.. TP RM3

Posted by Mil888 > 2019-11-30 01:46 | Report Abuse

2020 Feb EPS 0.20, Price 1.60 - 2.00, PE 8 -10

Posted by wahidpenang > 2019-12-02 18:22 | Report Abuse

1.60 by CNY

Posted by bukithot > 2019-12-02 23:07 | Report Abuse

"He adds that the company aims to secure 500 customers — mainly from Malaysia, Indonesia, Thailand, Latin America and Nigeria — by 2024. “Our first customer for BioStar is from Thailand. We will design and build the POME wastewater treatment plant for them, which will be ready for commission between June and August this year.”

With each BioStar priced at 8mil, this guy is targeting 500 * 8mil = 4,000mil sales over 5 years?!
That is like 800mil a year? 4 times market cap?
Insane...

Posted by robert168 > 2019-12-04 17:29 | Report Abuse

stay tuned.. easily first tp 1.82

Posted by shpg22 > 2019-12-04 19:32 | Report Abuse

In 2012, its EPS is 18.6 cents and traded at around 0.40 (adjusted). Now its making less than 2012 at trailing EPS of 17.6 cents but can trade at 1.30 ?? Is there a mistake here?

Posted by shpg22 > 2019-12-05 11:24 | Report Abuse

1.32 adjusted for dividend payout back to 2012 (ard 0.25) is around 1.07.
2012 - EPS 18.6 cents @ 1.07
2019 - EPS 17.6 cents @ 1.40
Not really growing. Just drop and back up

Posted by coolio > 2019-12-05 12:42 | Report Abuse

Will only go higher and higher..

Posted by robert168 > 2019-12-05 13:18 | Report Abuse

don't think this company are selling cpko.. they are more towards selling machine and project handling

Posted by robert168 > 2019-12-05 13:19 | Report Abuse

Muar Ban Lee Group (MBL), along with its subsidiary companies namely “Muar Ban Lee Engineering Sdn.Bhd.”

Posted by Mil888 > 2019-12-05 17:22 | Report Abuse

BioStar commissioning of treatment plan failed, so keep quiet first. Wait for next show time Dun worry, everything will be fine.

Posted by robert168 > 2019-12-05 18:29 | Report Abuse

personally don't feel that engineering project will fail.. is matter of how to improve and tune it back.. especially those are new explored idea

Posted by robert168 > 2019-12-05 18:29 | Report Abuse

got palm oil somore sell equipment and technology.. really can't makan finish.. stay tuned

Posted by robert168 > 2019-12-05 18:30 | Report Abuse

can't talk much here.. but just wait for right timing.. will prove it everything. rocket gap up . not train

Posted by bukithot > 2019-12-05 19:09 | Report Abuse

Mil888, can share more information why you said BioStar commissioning failed?

Posted by Moderate > 2019-12-05 20:50 | Report Abuse

Mil888, u said BioStar's commissioning of treatment plant failed, u mean the pilot installation in Thailand?

Posted by Moderate > 2019-12-05 20:53 | Report Abuse

By ramada's analysis, earnings r from traditional biz. MBL said progress on bio-engin projects immaterial. So there's no POME story yet on the the bottom line.

Posted by Moderate > 2019-12-05 21:40 | Report Abuse

Just read it again. Still have to guess. No facts or updates offerred eg how many customers, projects in this new biz.

Posted by Moderate > 2019-12-05 22:17 | Report Abuse

Thanks. A product brochure. Tech can b good, but so does marketing need to b. A gpod biz needs customers n the product needs to b proven to them.

Posted by Moderate > 2019-12-05 22:19 | Report Abuse

Wud b a problem if execution failed, as Mii888 said above.

Posted by 20bagger > 2019-12-06 02:01 | Report Abuse

Whether Biostar is a success or not, its still a cheap stock EV/EBITDA of 4.5x and P/E of 8? Cmon.. This is a cheap AF without accounting for all the growth upside from BioStar.

Posted by Moderate > 2019-12-06 08:24 | Report Abuse

Yes. First customer was in Thaild, n CEO said the plant wud b ready betw June n Aug this year. Shd have been able to say successfully commissioned, n revenue booked in Q3.

Posted by Moderate > 2019-12-06 08:34 | Report Abuse

Stock is cheap on latest Q, but results of its traditional biz goes up n down. That's why we're looking for a new biz of steady growth.

Posted by Surewin168 > 2019-12-07 14:41 | Report Abuse

seems like someone keep on throwing on yesterday.. strange.. is a trap?

Posted by Moderate > 2019-12-07 15:59 | Report Abuse

Many momentum traders out there. If u think MBL can maintain 6 sen EPS a Q, it shdn't bother u.

Posted by Moderate > 2019-12-07 16:00 | Report Abuse

I've no idea. In the past, its earnings bob up n down. Shd correspond with CPO prices n state of oil palm industry, i think.

Posted by Moderate > 2019-12-08 21:17 | Report Abuse

How are biz conditions? I thot when CPO was RM2k, estates spent less on even fertilisers? Why was there increased spending on PKO expellers? spending omon C

Posted by cooldownguy86 > 2019-12-11 20:00 | Report Abuse

Lai liao?

Posted by Justin328 > 2019-12-16 15:22 | Report Abuse

plantation stock very power oh

Posted by Justin328 > 2019-12-18 11:21 | Report Abuse

plantation stock still very strong

Posted by Moderate > 2019-12-18 11:39 | Report Abuse

Boh lai, not going anywhere. Market wants to see this Q's results, n update on its wastewater system. Think that's fair.

Posted by Justin328 > 2019-12-23 15:43 | Report Abuse

plantation stock today moving again

Posted by Justin328 > 2019-12-26 18:51 | Report Abuse

cpo is closed 3003 good market, no wonder plantation still very strong

Posted by Justin328 > 2019-12-26 21:37 | Report Abuse

http://www.enanyang.my/?p=1336903

dont know how cpko price hope also break new high

Posted by Justin328 > 2019-12-27 10:48 | Report Abuse

this counter like dead water......

one thing sure is cpko price up this counter should be benefit also

Posted by Wudishijimo > 2019-12-27 10:57 | Report Abuse

Hey, im new to this counter. Just found the gem hidden deep in the market. CPKO price is breaking high as well as i confirmed with MPOB.

As the price rise now, will that impact on the machine sales? I believe it might. But anyone know how much capacity is running for its current factory?

Posted by Up_down > 2019-12-27 12:50 | Report Abuse

CPO price rally would trigger capital expenditures from plantation companies in improving their operations. Expect more orders received next year.

Posted by Wudishijimo > 2019-12-27 13:35 | Report Abuse

“Oil milling division’s revenue improved to RM14.31 million (2018: RM7.75 million) and registered a profit before tax of RM0.06 million (2018: RM0.38 million). The unfavorable result was mainly attributable to the continued subdued selling price of Crude Palm Kernel Oil (“CPKO”) despite of the increased CPKO output in the current quarter under review.”

Looking at above statement i believe CPKO price does MBL’s oil milling profit margin. If the price is up 20-30% now, that means potentially profit margin will be 20%? As previously was almost 0.

Posted by Wudishijimo > 2019-12-27 14:36 | Report Abuse

They are previously scaling down capacity due to low cpko price, in the recent rally i guess they might start to increase capacity.

Posted by Justin328 > 2019-12-30 12:28 | Report Abuse

haiz, plantation stock all new high, this stock not moving at all

Posted by Wudishijimo > 2019-12-30 13:15 | Report Abuse

More like market was not aware. The fundamental was solid even CPO price was so low. Now when CPKO price is up, i believe its clients’ capex will increase whereby lead to better financial I am accumulating and will observe for 1-2 quarter more.

Posted by Wudishijimo > 2019-12-30 18:13 | Report Abuse

I could be wrong, there could be hidden issue that we dont know.

Posted by Up_down > 2019-12-30 20:04 | Report Abuse

Waiting for rotation play within plantation sector. CIHolding also has not started the game.

Posted by Wudishijimo > 2019-12-30 21:01 | Report Abuse

Yes i am recently accumulating and this seems hardly goes wrong. I like this kind fundamental.

Posted by Wudishijimo > 2019-12-30 23:13 | Report Abuse

Woah just found out 1.42 is its all time high, this is 4th time MBL touching this price. I am looking forward for it to break up this price in 2 months time!

Posted by Wudishijimo > 2020-01-02 13:13 | Report Abuse

Now i notice the weird part of MBL. Years ago when CPKO price is good, it does not deliver good result as well. Therefore people not confident in it

Posted by Armada An Quantum Leap Stock In 2019/2020 > 2020-01-02 19:40 | Report Abuse

Up down sifu

Once again we appear on the same counter .