MUAR BAN LEE GROUP BERHAD

KLSE (MYR): MBL (5152)

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Last Price

0.47

Today's Change

+0.005 (1.08%)

Day's Change

0.465 - 0.47

Trading Volume

90,900


7 people like this.

1,761 comment(s). Last comment by AlanToast 13 hours ago

Justin328

480 posts

Posted by Justin328 > 2020-08-18 22:33 | Report Abuse

Remarks :
Following the Bonus Issue, the exercise price and number of outstanding Warrants-A shall be adjusted in accordance with the provisions of the Deed Poll ("Adjustments").

Additional Warrants-A arising from the Adjustments will be allotted and issued to the holders of Warrants-A whose names appear in the Record of Depositors at 5.00 p.m. on the Entitlement Date.

Cheong88

75 posts

Posted by Cheong88 > 2020-08-19 05:18 | Report Abuse

Thanks for the info.

Posted by Gore Victor Lee > 2020-08-21 15:11 | Report Abuse

WHAT IS THE ADJUST(ED) EXERCISE PRICE FOR WARRANT? TQ

Justin328

480 posts

Posted by Justin328 > 2020-08-21 21:09 | Report Abuse

Before 0.80 after 0.40

Justin328

480 posts

Posted by Justin328 > 2020-08-26 11:54 | Report Abuse

is coming qr result affected by covid-19? giving bonus share but like nobody interested to invest in this company!!!

apolloang

18,163 posts

Posted by apolloang > 2020-08-26 11:56 | Report Abuse

macam smetric give bonus and warrants to tipu ikan bilis….hehe

Justin328

480 posts

Posted by Justin328 > 2020-08-26 12:22 | Report Abuse

guess Datin sell before qr should be coming qr result so so, after the qr release people should be will sell down, then she will buy back?

Justin328

480 posts

Posted by Justin328 > 2020-08-28 13:37 | Report Abuse

qr is out, very surprise still got profit @@

Justin328

480 posts

Posted by Justin328 > 2020-08-28 13:43 | Report Abuse

"the Board is confident the Group is well positioned to ride through the current volatilities and uncertainties."

"the Board of Directors is of the opinion that the performance of the Group will remain satisfactory"

look ok......

benjajaj

69 posts

Posted by benjajaj > 2020-09-03 21:06 | Report Abuse

Charts in trading view is not updated hahah many people thought MBL limit down lmao tq for the cheap ticket

benjajaj

69 posts

Posted by benjajaj > 2020-09-03 21:07 | Report Abuse

It's bonus issue guys chill dont simply sell

hk1999

9 posts

Posted by hk1999 > 2020-09-08 18:53 | Report Abuse

Will get the bonus qty this Friday?

Cheong88

75 posts

Posted by Cheong88 > 2020-09-08 21:52 | Report Abuse

Bonus shares should be in ur account started yesterday provided u bought the share prior to 3rd sept.

Anyway, the share price now is down 10% after bonus share given. (bear in mind, bonus share didn't change the overall value of the share, u get 2x amount, but share price divided by half)

If u believe in the fundamental of this company, it would be even better buy now as compared to prior bonus.

To me,
2nd Qr shown improvement compared to 1st QR despite MCO.

I expect a better result of 3rd Q compared 2nd Q as palm oil price now is higher compared to 2nd Q, and hopefully some recovery in manufacturing segment.

Current price=0.675
1st Q:EPS: 1.4 sen (should be 0.7 sen now given bonus 1:1)
2nd Q: EPS: 4.17 sen (should be 2.08 sen now )
if they can maintain at 2.08 sen per Q for the remaining 2 Q,
Total EPS: 0.7+2.08+2.08+2.08=6.94 sen
Forward PE <10 (if we assume no increment of EPS per Q despite relaxation of MCO)--which I think a bit unlikely given higher palm oil price.

However, one thing to take note is that, MBL investment holding segment for 1st and 2nd QR is losing money. Will this segment continue to make lose? (I found MBL investment target (FIHB and CCB) a bit weird as compared to usual ppl choice).

Overall, it is a growing net cash company based on past record.


Not buy or sell call.
Read and analyse urself.
Above just personal opinion.

jack663

288 posts

Posted by jack663 > 2020-09-09 06:43 | Report Abuse

MBL is good company, always get profit, cash in hand company, now drop 15%, enter this counter now is the good time, when market rebound, MBL will go to 0.85, tp 0.85/0.90

Justin328

480 posts

Posted by Justin328 > 2020-09-14 17:10 | Report Abuse

https://www.facebook.com/Proton.ORMBL/

this is MBL new company?

onekeyman

36 posts

Posted by onekeyman > 2020-09-25 15:31 | Report Abuse

amen

Justin328

480 posts

Posted by Justin328 > 2020-09-25 17:48 | Report Abuse

cpo price up, mbl should benefit also

apolloang

18,163 posts

Posted by apolloang > 2020-09-25 17:58 | Report Abuse

tipu ikan bilis with 1 for 1 bonus....haha

Posted by miracle_trader > 2020-10-07 10:17 | Report Abuse

this one is sleeping giant, it will awaken next year. TP 1.30

Justin328

480 posts

Posted by Justin328 > 2020-10-12 12:02 | Report Abuse

heard they start doing selling car business anyone know selling car profit margin?

Justin328

480 posts

Posted by Justin328 > 2020-10-12 12:04 | Report Abuse

selling car like no relate to their core business right?

Justin328

480 posts

Posted by Justin328 > 2020-10-12 16:07 | Report Abuse

selling car will have good profit? why today price up?

Justin328

480 posts

Posted by Justin328 > 2020-10-12 16:09 | Report Abuse

i think should be buyer key in wrong quantity is it ? key in 1 more zero lol

Justin328

480 posts

Posted by Justin328 > 2020-10-12 16:10 | Report Abuse

want to buy 30lot key in 300lot?

Justin328

480 posts

Posted by Justin328 > 2020-10-13 09:12 | Report Abuse

look like is not play play one right, but market like no momentum can move further?

yangxi

415 posts

Posted by yangxi > 2020-10-27 15:15 | Report Abuse

time to collect ..

Justin328

480 posts

Posted by Justin328 > 2020-11-09 10:10 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/11/07/palm-oil-price-rallies-to-eight-year-high

if plantation company have good QR, MBL should benefit right???

Posted by CatchThe Bull > 2020-11-17 17:06 | Report Abuse

Engine just start

Posted by Lunch Group > 2020-11-17 23:35 | Report Abuse

when would be the quarter release ?

Posted by CatchThe Bull > 2020-11-18 09:47 | Report Abuse

should be between Nov 23 to 30th

Justin328

480 posts

Posted by Justin328 > 2020-11-18 11:36 | Report Abuse

based on pass records QR always will release on last trading date of the month

Justin328

480 posts

Posted by Justin328 > 2020-11-27 16:33 | Report Abuse

QR release, but the result so so

Justin328

480 posts

Posted by Justin328 > 2020-11-27 16:36 | Report Abuse

lucky is still got profit lol

Posted by cowbodys > 2020-12-07 20:43 | Report Abuse

boilermech sold to QL for 25 p/e. MBL still around 10 P/E.. hmmmmm

Posted by CatchThe Bull > 2020-12-08 13:34 | Report Abuse

Last month momentum not success to breakout 0.67. Let's try this round, I believe it can breakout 0.68 and shortterm TP 0.78 (about 19% upside).

Justin328

480 posts

Posted by Justin328 > 2020-12-09 10:07 | Report Abuse

dun know how their new business progress "new wastewater treatment system" silence only

https://www.theedgemarkets.com/article/muar-ban-lee-banks-its-new-wastewater-treatment-system

Justin328

480 posts

Posted by Justin328 > 2020-12-09 10:08 | Report Abuse

may be just blow blow for fun :(

Posted by CatchThe Bull > 2020-12-09 12:13 | Report Abuse

I called this MBL "Little Jeff Bezos" (you know what i mean?) LoL...
Price range 0.595 - 0.63 have quite good support level, current price consider at bottom level.There are few engines to boost up the future share price of MBL:
1. CPO price maintain at high level (Palm Oil Theme)
2. Paper mill related business (maybe), as Jingxing Holdings a china listed company were started buying MBL this year. (Paper Theme)
refer website: https://www.zjjxjt.com/en/enterprise/enterprise1-569.html
3. Wastewater treatment system, shared by bro @Justin328 link stated at above thread (green-energy / sustainable environmental Theme)

Base on this 3 catalysts, I believe you can put this Little Jeff Bezos - MBL in your watch list.

Happy Investing :)

Justin328

480 posts

Posted by Justin328 > 2020-12-09 12:30 | Report Abuse

sound good...

but the wastewater treatment system i do think is white elephant

Posted by CatchThe Bull > 2020-12-09 16:53 | Report Abuse

Give them some time, they just started the wastewater treatment system last year. Their vision is aims to secure 500 customers (mainly from Malaysia, Indonesia, Thailand, Latin America and Nigeria) by 2024.

Justin328

480 posts

Posted by Justin328 > 2020-12-11 12:51 | Report Abuse

I go to bursa website notice is JINGSHI HOLDINGS (M) SDN BHD buying MBL share... any relationship between Jingshi and this Jingxing Holdings?

Justin328

480 posts

Posted by Justin328 > 2020-12-11 17:01 | Report Abuse

8888 queuing appearing again? long time no see... going to goreng?

Justin328

480 posts

Posted by Justin328 > 2020-12-14 17:05 | Report Abuse

today no more 8888? is 999

Justin328

480 posts

Posted by Justin328 > 2020-12-17 20:44 | Report Abuse

few day forgot to monitor the queuing volume dun know still got 8888 lot queuing or not?

Investeye

2,347 posts

Posted by Investeye > 2020-12-24 14:52 | Report Abuse

MBL will getting more attention as MBL is a palm kernel oil expeller manufacturer specializing in palm oil and oil seed crushing machinery. It should benefit from high palm oil price ( it small scale plantation should recover from loss). Any further drop will be good chance to buy...

Justin328

480 posts

Posted by Justin328 > 2020-12-25 14:34 | Report Abuse

Muar Ban Lee new business will benefit or not?
https://ormbl.com/


https://www.sinchew.com.my/content/content_2399412.html

Justin328

480 posts

Posted by Justin328 > 2021-01-20 16:48 | Report Abuse

mbl boss goreng SWSCAP dun want to take care own company share?

michaeso

85 posts

Posted by michaeso > 2021-02-08 17:50 | Report Abuse

Good luck everyone

Justin328

480 posts

Posted by Justin328 > 2021-02-13 20:54 | Report Abuse

yaloh look very bearish, lower high and lower low pattern

Posted by DonWorryBeHappy > 2021-02-16 01:23 | Report Abuse

Looking to buy some, any advice?

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