Posted by mogul88 > 2014-04-04 16:39 | Report Abuse

welcome george, yes i find it surprising too that the dividend is announced not in tandem with the latest quarterly result on end Feb

Posted by Sapphire > 2014-04-04 18:14 | Report Abuse

Yes...dividend lai liaooooohohoohhohoooo

Posted by Sapphire > 2014-04-04 18:15 | Report Abuse

789 ha palm fruit...when mature?when revenue up??

Posted by allan88 > 2014-04-05 13:16 | Report Abuse

The plantation bought will help but since the size is small, so don't see it will have a significant impact. I just wonder what is really wrong with revenue/eps for 2013 with the core biz. Unless core biz can come back, else don't seems attractive.

Posted by chenhangtee > 2014-04-06 15:12 | Report Abuse

With 630ha planted with oil palm, roughly can get gross income of RM300k per month or RM900k per quarter. It is about 10% of Q4 last year revenue. Last Q4 revenue not good is because some of the installation of the project is delayed.

Posted by mogul88 > 2014-04-07 16:44 | Report Abuse

chenhangtee, where can you find that info on the reason of the delayed installation ?

Posted by chenhangtee > 2014-04-13 17:19 | Report Abuse

In the quarterly report in Bursa Malaysia announcement dated 28/Feb/2014. Under review of performance.

Posted by mogul88 > 2014-04-14 09:46 | Report Abuse

found it, thanks

Posted by chenhangtee > 2014-04-15 23:13 | Report Abuse

You are welcome. Hope the coming Q1 result announcement will deliver good news....

Posted by Investeye > 2014-04-16 23:32 | Report Abuse

Start accumulate this stock at rm1.01 & rm1.02 as the downside is limited and just wait for coming q result.

Posted by georgelim > 2014-04-24 11:39 | Report Abuse

Did anyone receive dividend in the bank account already?

Posted by chenhangtee > 2014-04-27 15:42 | Report Abuse

Just asking, I see the average price target here is RM1.40. Wondering how this figure is set , any body know ?

Posted by Investeye > 2014-04-27 17:26 | Report Abuse

The payment date is 30th Apr.
I still accumulate MBL is the price is at or lower than RM1.02

Posted by tinyinvestor > 2014-05-06 12:11 | Report Abuse

why no trading today?..anyone knows..

Posted by chenhangtee > 2014-05-09 00:05 | Report Abuse

Many people still not discover the value of this stock. Accumulate around RM1.01 to RM1.02....

Posted by Investeye > 2014-05-12 15:07 | Report Abuse

Accumulate some more at RM1.01 today... hopefully sedikit lama-lama menjadi bukit!

Posted by neotology > 2014-05-12 16:50 | Report Abuse

Palm edges up on better-than-expected exports
http://www.themalaysianinsider.com/business/article/palm-edges-up-on-better-than-expected-exports

Sounds like a good news? El Nino weather is expected next month onwards, and it will affect the output of palms... and hence price of palm oil might increase, but does this translate to earning for MBL?

Any sifus here wish to shed a few opinions? Thanks.

Posted by hope > 2014-05-18 15:13 | Report Abuse

Anybody know the MBL-WA exercise cost?

Posted by Investeye > 2014-05-18 17:44 | Report Abuse

RM0.80 , due date Nov 2022

Posted by Investeye > 2014-05-23 13:30 | Report Abuse

Take opportunity to accumulate more at rm1.01
With this, almost utilised all the cash in hand.

Posted by bboycs > 2014-05-23 16:01 | Report Abuse

excuse me, i would to know does this company involve in plantation business ?
or they just provide the processing service or equipment for process palm oil?

Posted by Sapphire > 2014-05-23 21:57 | Report Abuse

a few more days announce quarter...

Posted by Sapphire > 2014-05-23 21:57 | Report Abuse

very excite

Posted by chenhangtee > 2014-05-23 22:25 | Report Abuse

Can't wait for the day to come. Hope to shoot up to RM1.20 when result announce.....

Posted by tinyinvestor > 2014-05-25 07:44 | Report Abuse

Investeye, can you share with us what is comming..seem that you have high confident on this stock...

Posted by speakup > 2014-05-25 09:23 | Report Abuse

cold eye has sold all his MBL mother shares only left warrants

Posted by freecooper > 2014-05-25 14:23 | Report Abuse

As I browse through annual report 2013, I realized that as the profit after tax fell by 62% (from 16384866 to 6282986), the director remuneration has increased by 50% (4221756 to 6365286). The % of director remuneration is 101% from the year PAT. Is it justified for the BOD's remuneration to increase by 50% while PAT fell 62%?? Hope someone can comment on this. TQ

Posted by imoogi99 > 2014-05-27 22:40 | Report Abuse

Hmmm....where's the revenue generated from the plantation land that they just bought? Dont seem to be reported in there....deal done in Q1.

Posted by Investor73 > 2014-05-28 16:56 | Report Abuse

Price keep going down...hmm

Posted by Investeye > 2014-05-28 22:47 | Report Abuse

Further drop may provide opportunity to accumulate.

Posted by neotology > 2014-05-30 12:51 | Report Abuse

I'm quite surprised with the sudden fall. Any news that affect the company? So far everything looks not too alarming. Many companies in the market now also have falling profit. But at least it's not in the red isn't it?

Posted by ethg > 2014-06-01 21:56 | Report Abuse

THERE IS 7744m for good will under cash flow... and i find no explanation for this, any one know somethings about this? and there is acquisition 18424m, any one know what acquisition is about?

Posted by Meng > 2014-06-02 21:12 | Report Abuse

ACQUISITION BY MBL PLANTATION SDN BHD (“MBLPSB”), A WHOLLY OWNED SUBSIDIARY OF MBL, OF THE ENTIRE ISSUED AND PAID-UP ORDINARY SHARE CAPITAL OF SOKOR GEMILANG LADANG SDN BHD (“SGLSB”) AND NOVATION OF THE SUM OWING FROM THE CREDITORS OF SGLSB TO MBLPSB FOR A TOTAL CONSIDERATION OF RM24,750,000 TO BE SATISFIED BY CASH (“ACQUISITION”)

This announcement is dated 13 February 2014.

The goodwill is come from the acquisition.

Posted by pokclark > 2014-06-03 09:36 | Report Abuse

Meng. Thanks for the information

Posted by Investor73 > 2014-06-03 10:49 | Report Abuse

looks like got to hold first...

Posted by speakup > 2014-06-03 10:57 | Report Abuse

Falling profit + increased borrowing + decreased cash
Guess thats why drop?

Posted by neotology > 2014-06-03 11:09 | Report Abuse

overall it is still above average if compared with other companies. Many firms are reporting lukewarm results for the Q1 2014. Perhaps it is the whole market sentiments?
Anyhow, 3 cents dividends is still commendable for this quarter. Anyone agree with this?

Posted by speakup > 2014-06-03 11:41 | Report Abuse

Coldeye has disposed all his shares in MBL, only left warrants

Posted by ncsncs > 2014-06-03 11:48 | Report Abuse

冷眼都卖完。业绩每季向南

Posted by iWarrants > 2014-06-04 10:14 | Report Abuse

cause he moved them to hevea, hava look

Posted by mytw > 2014-06-04 10:31 | Report Abuse

Worth to enter now?

Posted by neotology > 2014-06-04 16:01 | Report Abuse

I myself still think it has a good future. Hold. Just my 2 cents, not an advice to buy or sell.

Posted by Investeye > 2014-06-04 22:49 | Report Abuse

Still one of the best dividend counter. Hold and buy in some at rm0.96

Posted by tinyinvestor > 2014-06-05 19:03 | Report Abuse

very slow moving and no energy to move up...

Posted by Meng > 2014-06-05 22:51 | Report Abuse

this company is good for long term invest.
if you can check the detail report of acquisition SGLSB, you will find that it worth to invest for long term.

SGLSB own a palm oil land with total size of 789 hectares, 630 hectares already planted with palm oil, 50 hectares plantable reserved, and the rest for road, building, etc. The age of planted palm oil trees are around 4 - 7 years old. Expected in 2017 when most of the tree matured, these palm oil will generate around RM5 to RM10 million revenue (after process into CPO) to MBL.

Posted by Investeye > 2014-06-12 21:38 | Report Abuse

further accumulate few lots to lower down the average cost.

Posted by neotology > 2014-06-13 11:24 | Report Abuse

agreed

Posted by tinyinvestor > 2014-06-18 22:27 | Report Abuse

slowly slowly going further down...

Posted by Investeye > 2014-06-19 13:48 | Report Abuse

Take opportunity to further accumulate MBL with current low price. Purchased of SGLSB which is situated in Tanah Merah (2nd city of Kelantan) at the price of RM2750mil for 789 hectares (RM35K per hectares) is quite reasonable.
Hopefully the dividend still can maintain >6% for coming year.

Posted by steveooikp > 2014-06-23 17:30 | Report Abuse

1 sen up... cannot buy.... must wait.