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

yfchong

5,815 posts

Posted by yfchong > 2013-06-25 11:34 | Report Abuse

Ok lah prepare to store for 6 months.....until better times..

cheah6638

125 posts

Posted by cheah6638 > 2013-06-27 23:01 | Report Abuse

MBL = Masih Belum Lari...Wait for the palm oil price to lari kuat-kuat first.

kcchongnz

6,684 posts

Posted by kcchongnz > 2013-06-28 07:22 | Report Abuse

“Building long-term wealth is like driving an automobile. If you narrowly focus on the stretch of road a few feet in front of your car, you risk making unnecessary adjustments and over steering. Only when you lift your eyes to focus further down the highway will you successfully reach your destination.”

Christopher C. Davi

cheah6638

125 posts

Posted by cheah6638 > 2013-06-28 12:51 | Report Abuse

Agree with you, kcchongnz. MBL is financially strong, will continue to do well in future.

gordan85

91 posts

Posted by gordan85 > 2013-07-05 20:45 | Report Abuse

mbl pls dun follow other shares go up ~~

andyteng

457 posts

Posted by andyteng > 2013-07-05 20:55 | Report Abuse

y not follow go up?

gordan85

91 posts

Posted by gordan85 > 2013-07-05 20:59 | Report Abuse

haven collect yet, haha, please drop a bit wait me in

pingkoh

42 posts

Posted by pingkoh > 2013-07-08 21:33 | Report Abuse

hi,see the hope day by day

yfchong

5,815 posts

Posted by yfchong > 2013-07-09 14:39 | Report Abuse

Collect @ 110......

sephiroth

14,123 posts

Posted by sephiroth > 2013-07-09 14:55 | Report Abuse

collect at 101 b4 ge

sephiroth

14,123 posts

Posted by sephiroth > 2013-07-09 15:02 | Report Abuse

another day, another psycho, now in the form of aziz12

Rose

436 posts

Posted by Rose > 2013-07-09 15:24 | Report Abuse

Very desperate, poor soul

investor77

793 posts

Posted by investor77 > 2013-07-14 22:17 | Report Abuse

Has good PE, and high DY. Hopefully, price will increase.

alenac

2,647 posts

Posted by alenac > 2013-07-14 23:55 | Report Abuse

As I have stated a couple of months ago about the impact on slowdown of the oil palm industry on the company has been reflected in the last quarter results. Low earnings and Turnover will continue to weight on this counter share price, if there is no recovery of the palm oil industry.

bluechip

338 posts

Posted by bluechip > 2013-07-24 20:22 | Report Abuse

higher the cpo price higher palm oil mill profit higher rnr higher mbl stock...

Superman88

500 posts

Posted by Superman88 > 2013-07-25 17:22 | Report Abuse

Fark up..sell it and change to redtone today

iafx

4,632 posts

Posted by iafx > 2013-07-25 17:27 | Report Abuse

can consider split some investment to boilermech, while keeping this for div. juz a tot, yr $ yr choice!

Posted by dreaming333 > 2013-07-26 01:09 | Report Abuse

MBL is dead, low profit will cause it to slowly slide back. Below rm1 n remain stagnant for years.

Steve Jub

4,203 posts

Posted by Steve Jub > 2013-07-26 10:12 | Report Abuse

why quarterly no good?

sephiroth

14,123 posts

Posted by sephiroth > 2013-07-26 10:14 | Report Abuse

palm oil drop to 2200

georgelim

29 posts

Posted by georgelim > 2013-08-06 17:10 | Report Abuse

Announcement at the end of August... Any speculations or indications?

sephiroth

14,123 posts

Posted by sephiroth > 2013-08-27 09:56 | Report Abuse

cut loss at 0.96, few months back bought at 0.99, phew...at least preserve capital

georgelim

29 posts

Posted by georgelim > 2013-08-28 14:41 | Report Abuse

Some good news for the palm oil industry. Will that help MBL?
http://www.theedgemalaysia.com/business-news/252079-palm-oil-poised-for-best-run-since-2010-on-crude-oil-soybeans-.html

micky92

759 posts

Posted by micky92 > 2013-08-29 21:36 | Report Abuse

i forsee price will rebound after big drops..cheers

alenac

2,647 posts

Posted by alenac > 2013-08-30 21:46 | Report Abuse

Recall, I was right after all.

alenac Not going anywhere as the Palm oil industry is down and will be down further in second half of this year as more oil seeds plantings are being done in S. America as well as soy market is expected to be soft.
03/04/2013 18:29

gark Another generalization.. people just don't read.

200-300k ha of palm oil planted per year in 2009 till now when the price is good will start to fruit after 3 years. So with all these newly maturing crop, what to do with it? Throw away or buy machine to process them? Your guess....:P
03/04/2013 19:33
X
alenac Got your point but there are many suppliers of machines and plants in the market, no need to go to this company. CAPEx spending when the plantation got money if not they send them to 3rd parties mills.
03/04/2013 21:09"

georgelim

29 posts

Posted by georgelim > 2013-10-10 02:35 | Report Abuse

Received a notice for an extraordinary general
Meeting. Could it be a special bonus time? Have anyone got the insider news?

kevin5059

933 posts

Posted by kevin5059 > 2013-10-29 20:24 | Report Abuse

great dividend announced. 4sen.

georgelim

29 posts

Posted by georgelim > 2013-10-30 14:14 | Report Abuse

Great news indeed. MBL is an underdog for quite sometimes, let's see whether it will be under investors' radar.

Posted by bonescythe > 2013-11-06 00:44 | Report Abuse

MBL - Crouching Palm Hidden Oil
http://bonescythe.blogspot.com/2013/11/mbl-crouching-palm-hidden-oil.html

Posted by Andrew Wai San Lum > 2013-11-06 12:26 | Report Abuse

Fundamental nice, technical nicer..

Posted by Christopher Tan > 2013-11-07 11:26 | Report Abuse

Hi..hope you don't mind I jump on board on this "boat of opportunity" . Let me have the smallest cabin. :)

Posted by tinyinvestor > 2013-11-12 08:41 | Report Abuse

why going backward...

imoogi99

1,640 posts

Posted by imoogi99 > 2013-11-12 08:52 | Report Abuse

ex-dividend of 4sen today.

haikeyila

1,068 posts

Posted by haikeyila > 2013-11-12 09:49 | Report Abuse

start of a downtrend? good counter, but a payout ratio of almost 90% looks a little worrying for the long run.

iafx

4,632 posts

Posted by iafx > 2013-11-12 09:54 | Report Abuse

short run worry, long run no worry. diverted some profits from boilerm into mbl ;)

Posted by hotpicker > 2013-11-12 10:35 | Report Abuse

dip 8 sen not even first half. ouch.. there goes my 8sen lost per share

Posted by tinyinvestor > 2013-11-12 10:42 | Report Abuse

anyone has good knowledge about this counter..

haikeyila

1,068 posts

Posted by haikeyila > 2013-11-12 10:43 | Report Abuse

the perils of chasing divvy ex-dates

zKingDB

761 posts

Posted by zKingDB > 2013-11-12 10:43 | Report Abuse

My advise, don touch this counter =)

jikin91

1 posts

Posted by jikin91 > 2013-11-12 15:45 | Report Abuse

why don't touch this counter?

Posted by chiahau90 > 2013-11-15 22:08 | Report Abuse

im confident with mbl's management level.

kenken85

724 posts

Posted by kenken85 > 2013-11-20 09:27 | Report Abuse

this is a good dividend payout company leh. low pe. seem like a good counter. Any opinion?

nokenzo

591 posts

Posted by nokenzo > 2013-11-20 10:57 | Report Abuse

Cash rich company. 2Q revenue RM27.87m, cash in bank RM41m, current and noncurrent debt RM0.65m, good dividend 4 sen in 2Q.

haikeyila

1,068 posts

Posted by haikeyila > 2013-11-21 15:36 | Report Abuse

this news have been recycled year after year. usually surfaces when oil palm prices are depressed. many biodiesel plants in lahad datu had even closed shop.

Hustle

3,615 posts

Posted by Hustle > 2013-11-21 15:43 | Report Abuse

Are you serious haikeyila?

Posted by Tang Michael > 2013-11-21 15:49 | Report Abuse

Mbl is sort of oil palm machine seed expeller and inventer of oil seed extracter......it is profitable snd its dividen is good....small paid up.....good for long....

haikeyila

1,068 posts

Posted by haikeyila > 2013-11-21 15:52 | Report Abuse

i like MBL but a little worried about their high divvy. too high for a small company like this, will it be sustainable? and the land they bought in Kelantan - just too small to provide meaningful profits. they should spend more on expanding rather than keeping their divvy high.

saltedfish

3,282 posts

Posted by saltedfish > 2013-11-21 16:02 | Report Abuse

ひかりを見て

tsejuie

100 posts

Posted by tsejuie > 2013-11-21 16:13 | Report Abuse

Well, based on their quarterly and annual reports so far, they are generating more than sufficient cash to pay for the dividends. Their dividends are paid out of free cash flow so it should be sustainable.

Regarding their Kelantan land, I'm assuming this is the plantation they are buying from Sokor Gemilang? Can't remember which is which as they are also buying SPA Hidayah which is involved in logging. Anyway, the plantation land is now facing a hiccup as per their latest Bursa announcement. Something about requiring a 30% bumi equity. Most likely the acquisition will be delayed further or may not go through because of this. Have to continue watching for the news.

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