MUAR BAN LEE GROUP BERHAD

KLSE (MYR): MBL (5152)

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Last Price

0.47

Today's Change

0.00 (0.00%)

Day's Change

0.47 - 0.475

Trading Volume

118,500


7 people like this.

1,765 comment(s). Last comment by Harim99 10 hours ago

ryoyagod

140 posts

Posted by ryoyagod > 2023-10-31 11:40 | Report Abuse

No worries, it's just 3% on palm oil prices above RM3k per ton in Peninsular Malaysia and above Rm3.5k per ton in Sabah and Sarawak

Harim99

126 posts

Posted by Harim99 > 2023-10-31 13:36 | Report Abuse

tak ade masalah utk syarikat tunai bersih ini. bayar tax saja. jeje

Aubree

155 posts

Posted by Aubree > 2023-10-31 16:15 | Report Abuse

Malaysia plans cooperation with foreign scientists to improve palm oil image. Quite interesting

https://theedgemalaysia.com/node/688215

ChandranG

249 posts

Posted by ChandranG > 2023-11-01 10:05 | Report Abuse

Q3 is going out end of this month. Let's look forward MBL will announce dividend 😀

Harim99

126 posts

Posted by Harim99 > 2023-11-01 14:16 | Report Abuse

MBL ade menentukan dasar dividen tak sebelum pandemic berlaku?

ElijahYH

229 posts

Posted by ElijahYH > 2023-11-01 15:01 | Report Abuse

Didn't find any dividend policy that stated in 2022 annual report. So, I think nope

MikeyChan

243 posts

Posted by MikeyChan > 2023-11-02 09:30 | Report Abuse

Lol, you should also check the annual report for the year before 2020 besides the latest one, ElijahYH

ryoyagod

140 posts

Posted by ryoyagod > 2023-11-02 11:32 | Report Abuse

I checked it, there's no dividend policy set by the company

MikeyChan

243 posts

Posted by MikeyChan > 2023-11-02 18:40 | Report Abuse

Thanks, ryoyagod. Pretty sure they will start giving dividend as the pandemic era is over

11wenhao11

214 posts

Posted by 11wenhao11 > 2023-11-03 10:12 | Report Abuse

its q3 is going to be released this month, let's look forward to it 😀

ChandranG

249 posts

Posted by ChandranG > 2023-11-03 15:49 | Report Abuse

I guess MBL will present magnificent result for Q3

Aubree

155 posts

Posted by Aubree > 2023-11-06 12:11 | Report Abuse

When its result out this month?

11wenhao11

214 posts

Posted by 11wenhao11 > 2023-11-06 17:03 | Report Abuse

end of this month I guess, like 28 or 29 Nov

Harim99

126 posts

Posted by Harim99 > 2023-11-06 17:36 | Report Abuse

pasti akan hijau juga keuntungan MBL yg akan diumumkan akhir bulan ni 😁

ElijahYH

229 posts

Posted by ElijahYH > 2023-11-07 09:58 | Report Abuse

people are collecting slowly and bit by bit at 45.5 - 46.0 there

ChandranG

249 posts

Posted by ChandranG > 2023-11-07 13:42 | Report Abuse

know that government won't reduce that levy, but good for them to try 🙃

Aubree

155 posts

Posted by Aubree > 2023-11-08 13:52 | Report Abuse

Not only palm oil sector, M&A associations also kena windfall tax

http://www.customs.gov.my/en/cp/Pages/cp_levi1.aspx

11wenhao11

214 posts

Posted by 11wenhao11 > 2023-11-08 17:14 | Report Abuse

MBL still a cash rich company despite of that levy

MikeyChan

243 posts

Posted by MikeyChan > 2023-11-08 17:31 | Report Abuse

if government really reduce the windfall profit levy, palm oil sector will shoot up definitely

Albukhary

2,719 posts

Posted by Albukhary > 2023-11-08 17:43 | Report Abuse

Palm Oil Windfall Levy will be remove once the Palm Oil Subsidy has slow phase out.

ChandranG

249 posts

Posted by ChandranG > 2023-11-09 09:10 | Report Abuse

May be the government will go half way, reduce levy to 2% and lower the palm oil subsidy

ElijahYH

229 posts

Posted by ElijahYH > 2023-11-09 11:13 | Report Abuse

what are the chances for that? I think government ran out of money and worst come to worst, palm oil windfall levy will be remained and the subsidy will be reduced

Harim99

126 posts

Posted by Harim99 > 2023-11-09 14:58 | Report Abuse

harap-harap ada berita baik drpd kerajaan mengenai cukai tersebut

ryoyagod

140 posts

Posted by ryoyagod > 2023-11-10 10:29 | Report Abuse

Palm oil industry experts remain optimistic for a recovery in crude palm oil (CPO) prices, which are expected to surpass the RM4,000 per tonne mark in 2024.

MikeyChan

243 posts

Posted by MikeyChan > 2023-11-10 14:05 | Report Abuse

that's quite informative, knowing that the key factors influencing CPO prices in the near future are the El Nino phenomenon, rising biodiesel demand, robust crude oil prices and the pricing of sunflower oil.

11wenhao11

214 posts

Posted by 11wenhao11 > 2023-11-14 09:22 | Report Abuse

MBL probably will move up end of this month ; )

ChandranG

249 posts

Posted by ChandranG > 2023-11-14 09:51 | Report Abuse

Indeed, splendid q3 result is its current strong catalyst to make it soar

Aubree

155 posts

Posted by Aubree > 2023-11-14 14:52 | Report Abuse

I estimate they can generate more than RM4 mil in net profit for the upcoming quarter

thesteward

6,759 posts

Posted by thesteward > 2023-11-15 10:47 | Report Abuse

This one next to fly ?

MikeyChan

243 posts

Posted by MikeyChan > 2023-11-15 14:16 | Report Abuse

Can say like that, thesteward. Better collect while it's cheap and undervalued

ElijahYH

229 posts

Posted by ElijahYH > 2023-11-15 15:40 | Report Abuse

MBL deserves more attention from the market as its fundamental is very solid

ryoyagod

140 posts

Posted by ryoyagod > 2023-11-16 09:35 | Report Abuse

no worries, it will attract a lot of attention when its Q3 is out

Aubree

155 posts

Posted by Aubree > 2023-11-16 19:35 | Report Abuse

The demand for palm oil will shoot up

ChandranG

249 posts

Posted by ChandranG > 2023-11-17 09:49 | Report Abuse

This company is a net cash company and also a profit-making company. Of course it will attract more investors in due course

Harim99

126 posts

Posted by Harim99 > 2023-11-17 12:42 | Report Abuse

nampaknya 46 sen adalah harga yg ideal utk kumpul 😃

ElijahYH

229 posts

Posted by ElijahYH > 2023-11-17 17:02 | Report Abuse

I was putting my q at 0.46 this morning and still didn't get it 😅

MikeyChan

243 posts

Posted by MikeyChan > 2023-11-20 15:10 | Report Abuse

now you can get it at the price you wanted today, ElijahYH. Ha

ElijahYH

229 posts

Posted by ElijahYH > 2023-11-20 16:22 | Report Abuse

ya, accumulate some today and anticipate that it will break 50 cents when the time comes

ryoyagod

140 posts

Posted by ryoyagod > 2023-11-20 18:48 | Report Abuse

Won't regret after seeing how good MBL performs in Q3 🙂

ChandranG

249 posts

Posted by ChandranG > 2023-11-21 10:06 | Report Abuse

Malaysia has a huge potential to cement its presence in China’s market for palm oil and palm oil-based value-added products over the next three to five years while reducing further its dependence on the European market, said the Malaysian Palm Oil Board

11wenhao11

214 posts

Posted by 11wenhao11 > 2023-11-21 12:43 | Report Abuse

Is that old news?

Aubree

155 posts

Posted by Aubree > 2023-11-22 15:43 | Report Abuse

45 - 46 cents is a good collecting price as it will show a great momentum when its qr is presented

Harim99

126 posts

Posted by Harim99 > 2023-11-22 16:52 | Report Abuse

dah kutip pd 46 sen sana. Tunggu ia terbang tinggi saja

ElijahYH

229 posts

Posted by ElijahYH > 2023-11-22 17:43 | Report Abuse

Good catch, Harim99. It will shoot up after it announced Q3 result 😃

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