MUAR BAN LEE GROUP BERHAD

KLSE (MYR): MBL (5152)

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Last Price

0.42

Today's Change

+0.005 (1.20%)

Day's Change

0.42 - 0.42

Trading Volume

6,000


7 people like this.

1,808 comment(s). Last comment by alienbiru 1 month ago

Coleman77

57 posts

Posted by Coleman77 > 2024-04-23 14:44 | Report Abuse

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

sh0cklife

73 posts

Posted by sh0cklife > 2024-04-23 14:55 | Report Abuse

Hahaha announce dividend then sure can fly above 50c

ChandranG

330 posts

Posted by ChandranG > 2024-04-23 15:59 | Report Abuse

Don't worry, high chance for it to declare dividend this year

Aubree

175 posts

Posted by Aubree > 2024-04-24 13:38 | Report Abuse

AGM is gonna be held next month
https://klse.i3investor.com/web/mktbzz/meeting-detail/15549_1386395563

Aubree

175 posts

Posted by Aubree > 2024-04-24 13:39 | Report Abuse

I have a feeling they will announce some good news at the AGM 😉

Posted by elhippo2001 > 2024-04-24 16:06 | Report Abuse

more diversify plan coming? already got durian plantation, whats next?

mrkhoi306

39 posts

Posted by mrkhoi306 > 2024-04-24 17:51 | Report Abuse

MBL need more volume to push further up, just sitback & see MBL break 49-50 sen wall.

ElijahYH

233 posts

Posted by ElijahYH > 2024-04-25 09:55 | Report Abuse

More likely they will declare a dividend during the AGM. Just my speculation

11wenhao11

317 posts

Posted by 11wenhao11 > 2024-04-25 11:27 | Report Abuse

or they'll announce bonus issue 😁

TopKey

50 posts

Posted by TopKey > 2024-04-25 15:34 | Report Abuse

MBL closing near to 0.50 , not far away from flying soon

AlanToast

47 posts

Posted by AlanToast > 2024-04-25 18:20 | Report Abuse

if really declare dividend then good lor, need some happy news

MikeyChan

263 posts

Posted by MikeyChan > 2024-04-26 09:01 | Report Abuse

Accumulate now before it breaks through 50 cents 😊

Posted by Lalaking188 > 2024-04-26 15:14 | Report Abuse

One more week till end of april, MBL gonna close at 0.50!

Coleman77

57 posts

Posted by Coleman77 > 2024-04-26 17:28 | Report Abuse

anytime now, announcement/news announcing will pump Mbl up

Harim99

130 posts

Posted by Harim99 > 2024-04-26 18:32 | Report Abuse

relax je dan tunggu syarikat ni mengumumkan berita baik pd bulan depan

11wenhao11

317 posts

Posted by 11wenhao11 > 2024-04-29 14:36 | Report Abuse

Sensing it will break 50 cents after AGM 😉😉

mrkhoi306

39 posts

Posted by mrkhoi306 > 2024-04-29 14:59 | Report Abuse

slow month incoming.... market going slow mode now

sh0cklife

73 posts

Posted by sh0cklife > 2024-04-29 15:52 | Report Abuse

Slow is ok, as long everything is going according to plan

ElijahYH

233 posts

Posted by ElijahYH > 2024-04-29 17:33 | Report Abuse

Slow month because of the slogan 'Sell in May' ? Don't trust that nonsensical shxt

ryoyagod

146 posts

Posted by ryoyagod > 2024-04-30 15:06 | Report Abuse

Better collect now, otherwise you will chase high afterwards because palm oil theme is coming

Posted by elhippo2001 > 2024-04-30 15:11 | Report Abuse

Support up support up! Real rally start after hitting 0.50!

KarmaS

33 posts

Posted by KarmaS > 2024-04-30 17:35 | Report Abuse

confident in MBL, no worries at all....

MikeyChan

263 posts

Posted by MikeyChan > 2024-04-30 22:26 | Report Abuse

Limit up when it declares dividend 🤑

Harim99

130 posts

Posted by Harim99 > 2024-05-02 11:33 | Report Abuse

Minyak sawit memberi byk faedah kpd kesihatan, dan juga dpt tingkatkan kualiti produk makanan.

https://www.dagangnews.com/article/minyak-sawit-banyak-faedah-kepada-kesihatan-tingkatkan-kualiti-produk-makanan-36926

TopKey

50 posts

Posted by TopKey > 2024-05-02 15:11 | Report Abuse

Wah i wish can limit up, but market no that good this few weeks

AlanToast

47 posts

Posted by AlanToast > 2024-05-02 18:08 | Report Abuse

just wait for dividend, then gt chance limit up...

Aubree

175 posts

Posted by Aubree > 2024-05-02 18:42 | Report Abuse

Keep accumulating as it still undervalued and low-risk

Posted by Lalaking188 > 2024-05-03 15:41 | Report Abuse

0.40-0.50 is accumulate zone for MBL, sit back & minum kopi ais

ChandranG

330 posts

Posted by ChandranG > 2024-05-03 16:51 | Report Abuse

See, palm oil products can not be boycotted in Malaysia or else will kena 😆https://www.freemalaysiatoday.com/category/nation/2024/05/03/convenience-store-raided-for-selling-no-palm-oil-ice-cream/

Coleman77

57 posts

Posted by Coleman77 > 2024-05-03 16:53 | Report Abuse

Can always collect while undervalue, MBL performance are improving every quarter

ElijahYH

233 posts

Posted by ElijahYH > 2024-05-03 19:13 | Report Abuse

Haha, from Starbucks to KFC, now palm oil? 😂😂

Harim99

130 posts

Posted by Harim99 > 2024-05-06 09:51 | Report Abuse

Kerajaan dah ambil tindakan atas perkara tu ... memang susah, boikot sini dan sana

https://www.thestar.com.my/news/nation/2024/05/04/issue-warning-not-rm250000-fine-for-first-time-039no-palm-oil039-label-offences-urges-mydin-boss

Posted by elhippo2001 > 2024-05-06 16:28 | Report Abuse

Bolehland mah, one day no boikot very itchy

ryoyagod

146 posts

Posted by ryoyagod > 2024-05-06 17:18 | Report Abuse

It won't be as badly affected as KFC. Palm oil industry to continue operating as usual, no biggie

mrkhoi306

39 posts

Posted by mrkhoi306 > 2024-05-06 17:26 | Report Abuse

No big deal, may is the breakout month for Mbl

ryoyagod

146 posts

Posted by ryoyagod > 2024-05-07 16:35 | Report Abuse

See, MBL is rebounding and so is CPO price. Really is no biggie one

https://www.mpoc.org.my/market-insight/daily-palm-oil-prices/

KarmaS

33 posts

Posted by KarmaS > 2024-05-07 17:00 | Report Abuse

can always collect below 0.50, confident in MBL!

AlanToast

47 posts

Posted by AlanToast > 2024-05-07 18:51 | Report Abuse

end of month q1 result is out, confirm good profits

MikeyChan

263 posts

Posted by MikeyChan > 2024-05-07 18:56 | Report Abuse

Don't forget that MBL might declare dividends 😉

TopKey

50 posts

Posted by TopKey > 2024-05-08 16:47 | Report Abuse

if declare dividend confirm at least 60cents

Posted by Lalaking188 > 2024-05-08 17:45 | Report Abuse

if first quarter is doing well, they might give dividend.. wait till end of month first la

Aubree

175 posts

Posted by Aubree > 2024-05-09 08:31 | Report Abuse

MALAYSIA plans to introduce “orangutan diplomacy” in its relations with major palm oil-importing countries, offering the animals as trading gifts in an effort to allay concerns about the environmental effects of growing the commodity.

Albukhary

2,962 posts

Posted by Albukhary > 2 months ago | Report Abuse

MBL, once of the most undervalue counter.
100% return is not a dream.

Albukhary

2,962 posts

Posted by Albukhary > 2 months ago | Report Abuse

MBL start moving

Thealanor

74 posts

Posted by Thealanor > 2 months ago | Report Abuse

Wait QR then move

sh0cklife

73 posts

Posted by sh0cklife > 2 months ago | Report Abuse

bila boleh naik

Albukhary

2,962 posts

Posted by Albukhary > 2 months ago | Report Abuse

Result is out... Just a normal result, nothing special.
But if you look the the Gross Profit, it is quite surprising (Gross Profit RM18mil based on Revenue RM60mil, almost 30%)
The admin cost for this quarter is very high, I believe this is due to China Man company will always give bonus during CNY, so the admin expenses has increase a lot compare to other quarter. (Unlike MNC, they will normally provision for the bonus on quarterly basis, so you wont see suddenly 1 quarter admin cost has jump up 30-40%).

Refer to the QR commentary, next quarter will be very good, because the court case settlement of RM10,000,000 deposit forfeited will be book in as "other income" on next quarter.

Thealanor

74 posts

Posted by Thealanor > 2 months ago | Report Abuse

result is acceptable lah, q2 shud improve

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