MUAR BAN LEE GROUP BERHAD

KLSE (MYR): MBL (5152)

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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

sankey665

59 posts

Posted by sankey665 > 2023-11-22 18:19 | Report Abuse

current price = strong support, always safe to collect

Alanna5

53 posts

Posted by Alanna5 > 2023-11-22 19:21 | Report Abuse

Demand for palm oil is back.... wait for result and fly...

MikeyChan

263 posts

Posted by MikeyChan > 2023-11-23 10:32 | Report Abuse

Malaysian palm oil will continue to Europe as well

11wenhao11

383 posts

Posted by 11wenhao11 > 2023-11-23 13:21 | Report Abuse

I estimate that MBL can generate more than Rm3 mil of net profits in q3

Albukhary

3,050 posts

Posted by Albukhary > 2023-11-23 14:10 | Report Abuse

I hope PAT can be exceeded RM5mil

AlanToast

53 posts

Posted by AlanToast > 2023-11-23 17:28 | Report Abuse

relax, QR are going to be promising.. gonna higher than last quarter

Anna188

44 posts

Posted by Anna188 > 2023-11-23 18:42 | Report Abuse

Oversold too much, collect@0.45, TP 0.50

Harim99

130 posts

Posted by Harim99 > 2023-11-24 12:22 | Report Abuse

Kemungkinan besar ia akan bagi dividen semasa kptusan q3 disampaikan

ryoyagod

192 posts

Posted by ryoyagod > 2023-11-24 14:24 | Report Abuse

today result come out?

TopKey

59 posts

Posted by TopKey > 2023-11-24 16:03 | Report Abuse

Nice tp.. if QR is nice then big chance to hit your tp

AlanToast

53 posts

Posted by AlanToast > 2023-11-24 16:49 | Report Abuse

If today no announcement then next week

ElijahYH

240 posts

Posted by ElijahYH > 2023-11-24 17:39 | Report Abuse

Will still be showing green result, no worries 😀 and it's bonus if they declare dividend as well

ChandranG

383 posts

Posted by ChandranG > 2023-11-27 09:40 | Report Abuse

Opportunity to collect at 45 cents - 46 cents there before QR is released 😉

MikeyChan

263 posts

Posted by MikeyChan > 2023-11-27 10:45 | Report Abuse

India asks for six million tonnes of palm oil from Malaysia, says DPM

https://www.thestar.com.my/news/nation/2023/11/25/india-asks-for-six-million-tonnes-of-palm-oil-from-m039sia-says-dpm

Aubree

197 posts

Posted by Aubree > 2023-11-27 14:16 | Report Abuse

Robust demand for palm oil for the following months as India and China will take more orders from our country

Posted by Lalaking188 > 2023-11-27 16:54 | Report Abuse

palm oil is backk???? Time to top up more!!

Coleman77

69 posts

Posted by Coleman77 > 2023-11-27 19:02 | Report Abuse

Qr coming this week.. any prediction?

11wenhao11

383 posts

Posted by 11wenhao11 > 2023-11-28 09:55 | Report Abuse

Of course MBL will still make profits and I guess they will make more than RM3 mil in net profits 🙂

Harim99

130 posts

Posted by Harim99 > 2023-11-28 10:50 | Report Abuse

jgn lupu kemungkinan besar mrk akan mengisytiharkan dividen masa tu

ryoyagod

192 posts

Posted by ryoyagod > 2023-11-28 13:53 | Report Abuse

Prepare for it to rocket up when the time comes

Albukhary

3,050 posts

Posted by Albukhary > 2023-11-28 14:13 | Report Abuse

@ryoyagod, we are ready, all seat belt has been fasten!

AlanToast

53 posts

Posted by AlanToast > 2023-11-28 16:28 | Report Abuse

when rocket? Tmr??

TopKey

59 posts

Posted by TopKey > 2023-11-28 18:24 | Report Abuse

Qr out then fly, hehehehe. Palm oil back on track

Harim99

130 posts

Posted by Harim99 > 2023-11-29 09:16 | Report Abuse

tanda-tanda lonjakan mula ditunjukkan berlandaskan pergerakan teknikalnya

Posted by Lalaking188 > 2023-11-29 16:39 | Report Abuse

QR is decent & improving compare to last quarter, good to see some positive news

Coleman77

69 posts

Posted by Coleman77 > 2023-11-29 18:12 | Report Abuse

Nice qr... slow year but MBL manage to turn it back slowly...

Aubree

197 posts

Posted by Aubree > 2023-11-29 18:57 | Report Abuse

Nice, revenue and net profits increased qoq. Q3 > Q2 > Q1 for financial year 2023

ElijahYH

240 posts

Posted by ElijahYH > 2023-11-30 10:15 | Report Abuse

MBL will climb up to 50 cents and above just like its qr reseult FY2023 😃

TopKey

59 posts

Posted by TopKey > 2023-11-30 15:27 | Report Abuse

quarter result is performing well as expected, can see the worst is over & improving from the beginning of 2023

11wenhao11

383 posts

Posted by 11wenhao11 > 2023-11-30 17:00 | Report Abuse

...Thought they will declare dividend when they announced QR

11wenhao11

383 posts

Posted by 11wenhao11 > 2023-11-30 17:02 | Report Abuse

i guess it's fine and they might do it for fy2024 as palm oil market is going to have positive outlook next year. https://theedgemalaysia.com/node/692125

AlanToast

53 posts

Posted by AlanToast > 2023-11-30 17:41 | Report Abuse

its fine if no dividend, palm oil making a big return in 2024

ryoyagod

192 posts

Posted by ryoyagod > 2023-12-01 10:52 | Report Abuse

Interesting, revenue and PAT up QoQ but dropped YoY. What happened?

Albukhary

3,050 posts

Posted by Albukhary > 2023-12-01 11:43 | Report Abuse

YoY drop is because MBL has disposed their Indonesia subsidiary last year.
That Indonesia is Palm oil mill process plant, revenue is high, but loss making, that why dispose it better.

Posted by Lalaking188 > 2023-12-01 13:28 | Report Abuse

good for MBL, dispose the plant that doesn't profit & acquire more profitable plants

Albukhary

3,050 posts

Posted by Albukhary > 2023-12-01 13:31 | Report Abuse

For MBL, my biggest concern is why he want to acquired SWSCAP? Especially when this batch of share is acquired from Eddie Ong.

Like what they did previously acquired SYMLIFE, it is totally a failure.

And within 1 year now they acquired SWSCAP again, and since they day they acquired, share price keep dropping.
Hope management can explain to shareholders why they want to acquired SWSCAP.

ryoyagod

192 posts

Posted by ryoyagod > 2023-12-01 14:04 | Report Abuse

Thanks, Albukhary. Just finished browsing its q3 report and yup, the oil milling business is no longer contribute revenue to that quarter due to the disposal of PT Serdang Jaya Perdana

MikeyChan

263 posts

Posted by MikeyChan > 2023-12-01 15:32 | Report Abuse

no need to worry too much, its main business, i.e. manufacturing segment still presented splendid revenue in that quarter, which was RM51.97 mil (70% of total revenue)

Coleman77

69 posts

Posted by Coleman77 > 2023-12-01 16:39 | Report Abuse

revenue increase and losses are decreased, I say is a win for MBL

Aubree

197 posts

Posted by Aubree > 2023-12-04 15:18 | Report Abuse

MBL remains a net cash company btw

TopKey

59 posts

Posted by TopKey > 2023-12-04 16:41 | Report Abuse

Cash is king, MBL boleh lah!

ChandranG

383 posts

Posted by ChandranG > 2023-12-04 16:41 | Report Abuse

The palm oil market is expected to show a slightly positive price trend going into 2024, according to Malaysian Rating Corporation Bhd (MARC).

https://thesun.my/business/marc-palm-oil-to-show-slightly-positive-price-trend-going-into-2024-GJ11813995

AlanToast

53 posts

Posted by AlanToast > 2023-12-04 18:13 | Report Abuse

defnitely a win and 2024 is coming... Palm oil are going to perform well with the upcoming seasonal trend

11wenhao11

383 posts

Posted by 11wenhao11 > 2023-12-05 11:22 | Report Abuse

El nino effect will increase demand and the price of palm oil as well

Harim99

130 posts

Posted by Harim99 > 2023-12-05 13:05 | Report Abuse

nampaknya MBL blh naik ke 50 sen sebelum menuju ke tahun 2024 😃

Posted by Lalaking188 > 2023-12-05 17:58 | Report Abuse

Slow week for MBL, time to sit back & yamcha

ElijahYH

240 posts

Posted by ElijahYH > 2023-12-06 15:34 | Report Abuse

slow but steady movement for MBL also, see got good news coming from the company or not within this month ,,

MikeyChan

263 posts

Posted by MikeyChan > 2023-12-06 16:14 | Report Abuse

They might declare dividend when its Q4 result is out. Stay tuned

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