MUHIBBAH ENGINEERING (M) BHD

KLSE (MYR): MUHIBAH (5703)

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Last Price

0.85

Today's Change

-0.005 (0.58%)

Day's Change

0.835 - 0.85

Trading Volume

453,300


16 people like this.

3,673 comment(s). Last comment by curiousq 18 hours ago

robot99

243 posts

Posted by robot99 > 2014-07-08 14:37 | Report Abuse

Muhibah lai liao,,,,,,

SK Lee

201 posts

Posted by SK Lee > 2014-07-08 22:38 | Report Abuse

TP is RM4.00

andychucky28

1,600 posts

Posted by andychucky28 > 2014-07-08 23:56 | Report Abuse

Goreng for duit Raya. TP should be RM3.60

jm3525

94 posts

Posted by jm3525 > 2014-07-09 01:42 | Report Abuse

my fren say it wil go up until rm5.00 this few month..

Frank Soweto

3,425 posts

Posted by Frank Soweto > 2014-07-09 02:43 | Report Abuse

Posted by jm3525 > Jul 9, 2014 01:42 AM | Report Abuse
my fren say it wil go up until rm5.00 this few month..

who is your fren? mac ngan ar?

ccs999

674 posts

Posted by ccs999 > 2014-07-09 08:43 | Report Abuse

same, my friend also say the same thing! Real?

robot99

243 posts

Posted by robot99 > 2014-07-09 10:52 | Report Abuse

The mac of muhibah say it will goreng until rm 8.00!

candygirl

538 posts

Posted by candygirl > 2014-07-10 09:11 | Report Abuse

huatrrrrr ... 3.50 gogoggo

candygirl

538 posts

Posted by candygirl > 2014-07-10 09:21 | Report Abuse

big project

ktjaven

331 posts

Posted by ktjaven > 2014-07-23 19:32 | Report Abuse

Wct has gotten rapid contract... next is muhibah???

ktjaven

331 posts

Posted by ktjaven > 2014-08-03 12:27 | Report Abuse

hahahahah.... such joker counter...

johnny cash

6,400 posts

Posted by johnny cash > 2014-08-14 01:55 | Report Abuse

Rose among the thorns


The group's RM2bn-3bn total value of bids for Petronas's Rapid project
and the targeted 20-30% success rate over the next 12 months remain
intact. We believe the group could land 1-2 smaller-/medium-sized
packages before year-end as most awards are due from 2H onwards.
The appeal is Muhibbah's exposure to
oil & gas infrastructure (c.60% of
order book) including Petronas's steel
fabrication jobs. The positive outlook
reflected in the surge in share price
YTD still does not fully reflect these
prospects. We raise our target price as
we apply a lower RNAV discount of
20% (30% before). Maintain Add.
Significant upside potential
for infra order book
Several job awards from the Rapid
projects for contractors have
materialised YTD. We expect more
awards to come through from 2H and
expect Muhibbah to secure 1-2
smaller- and medium- sized packages
as the group's RM2bn-3bn tender
book focuses more on the oil & gas
infra/marine infra segment. Potential
contract wins in the months ahead
should provide significant upside to
the group's infra segment's order book
of RM759m, which makes up 41% of
total group order book of RM1.9bn
(including cranes and shipyard). More
than 60% of the total outstanding
order book is oil & gas related. The
group has the capacity to double its
order book. We expect potential
pretax margins for Muhibbah to be
higher than the typical 4-5% for civil
works’ tenders and should drive an
increase in the group’s infra margin
from the 3-4% in the past several
quarters. This implies upside to our
numbers.
Steel fabrication jobs
Other key drivers to the order book,
apart from Rapid, are the potential
job flows arising from the Offshore
Facilities Construction - Major
Onshore Fabrication licence from
Petronas. A big endorsement for
Muhibbah's steel fabrication
capabilities was the audit and
recognition by Petronas of the group's
57-acre site in Teluk Gong, which has
a capacity of 25k MT p.a. The recent
RM30m maiden award for a central
processing platform (CPP) was a good
start.
Steep discount to RNAV
YTD, the share price has surged 38%,
mainly due to the group's recovery
story, driven by Rapid and a recovery
in interest from foreign investors.
Foreign shareholding stands at 23%,
up from 18% in May 14 and more than
double the levels in 2H13. The stock
trades at a 35% discount to RNAV.

johnny cash

6,400 posts

Posted by johnny cash > 2014-08-14 01:56 | Report Abuse

3.88 NEW TARGET BY CIMB

robot99

243 posts

Posted by robot99 > 2014-08-17 20:56 | Report Abuse

Seeyen,where did u get this good news???

joerakmo

725 posts

Posted by joerakmo > 2014-08-17 21:12 | Report Abuse

hope it does not do a 6 month consolidation like jul-dec2013.May have earnings surprise(+ve) for june14.Good time to bargain hunt if you believe fundamentals intact.

cschen

221 posts

Posted by cschen > 2014-08-18 11:56 | Report Abuse

Good news going to release soon in Q2 result

seeyen

23 posts

Posted by seeyen > 2014-08-19 08:02 | Report Abuse

One friend partnering with muhibah..so ...agreement signed... will announce soon

robot99

243 posts

Posted by robot99 > 2014-08-19 08:57 | Report Abuse

Sure boh???don't bring us to holland oh!!

seeyen

23 posts

Posted by seeyen > 2014-08-19 10:32 | Report Abuse

Buy at your own risk lo...I did not say how much it will reach...
Whether true or not we shall see in few weeks time...

joerakmo

725 posts

Posted by joerakmo > 2014-08-25 23:52 | Report Abuse

look at favco's result....hopefully indicative for muhibbah

cschen

221 posts

Posted by cschen > 2014-08-29 09:27 | Report Abuse

Good result in Q2 report. Better keep for time being & gain more later...

ktjaven

331 posts

Posted by ktjaven > 2014-09-01 14:42 | Report Abuse

am keeping mine till 3.50... no doubt bout it...

seeyen

23 posts

Posted by seeyen > 2014-09-02 23:22 | Report Abuse

So my friend is right...

seeyen

23 posts

Posted by seeyen > 2014-09-02 23:26 | Report Abuse

More to come

ktjaven

331 posts

Posted by ktjaven > 2014-09-03 06:58 | Report Abuse

Ehhh... so many projects gotten/will get... yet price keeps dropping?! Tat's some stock!

seeyen

23 posts

Posted by seeyen > 2014-09-03 23:26 | Report Abuse

Favelle favco got 119.9 million job order in to days' news

selamba

478 posts

Posted by selamba > 2014-09-14 19:14 | Report Abuse

tomoro buy this counter..........sure up

robot99

243 posts

Posted by robot99 > 2014-09-18 22:12 | Report Abuse

Muhibah got 160 million job but price keep drop....not support at all

lonesome

42 posts

Posted by lonesome > 2014-09-22 10:14 | Report Abuse

Muhibbah claim back 400m under APH revision?

Posted by ter090915 > 2014-09-22 13:43 | Report Abuse

Lonesome, where u get this info?

robot99

243 posts

Posted by robot99 > 2014-09-22 14:28 | Report Abuse

In the dream yesterday night.....

lonesome

42 posts

Posted by lonesome > 2014-09-23 11:18 | Report Abuse

APH是暂停, 不是取消, 资金流入将开始工作

seeyen

23 posts

Posted by seeyen > 2014-09-28 23:14 | Report Abuse

muhibah got 2 big job...will announce soon

robot99

243 posts

Posted by robot99 > 2014-09-29 19:41 | Report Abuse

Another dreaming story

seeyen

23 posts

Posted by seeyen > 2014-10-01 08:40 | Report Abuse

Job amount is great . Dream or reality will be unveils in 2 to 3 weeks time

WXGWXW

172 posts

Posted by WXGWXW > 2014-10-02 16:31 | Report Abuse

seeyen. Tnx for info. Hopefully reality.

Posted by ter090915 > 2014-10-02 20:16 | Report Abuse

Seeyee, where u get the info??

seeyen

23 posts

Posted by seeyen > 2014-10-02 23:28 | Report Abuse

Sources are reliable.... whether share price will go up or not dunno...... for sure they get big project

seeyen

23 posts

Posted by seeyen > 2014-10-02 23:30 | Report Abuse

One of my friend is doing business with muhibah...previously the info he give is accurate.

robot99

243 posts

Posted by robot99 > 2014-10-03 20:06 | Report Abuse

One of my friend know the CEO of muhibah,will confirm with him.....

WXGWXW

172 posts

Posted by WXGWXW > 2014-10-04 14:55 | Report Abuse

robot99, pls confirm

ktjaven

331 posts

Posted by ktjaven > 2014-10-08 21:42 | Report Abuse

Don't be stupid... The counter dived so much dy... its a real challenge trying to break-even from last mth... no nonsense announcement tat the mkt hasn't sense out b4...

WXGWXW

172 posts

Posted by WXGWXW > 2014-10-09 12:08 | Report Abuse

ktjaven. Just a stupid opinion, Buying Muhibah at dip is great opportunity for long term profit considering catalyst after catalyst seems never end, Turnaround of operating margin, ROE, net profit mrgin, current ratio (2012 vs 2013 are good indication. Furthermore, positive EPS growth rate are evidenced since 2013 till now and possibly continue. To me, market will sense eventually. Today seems rebound. Only God Knows.

seeyen

23 posts

Posted by seeyen > 2014-10-12 15:10 | Report Abuse

I agree buying at dip is an appourtunity ..if you hope to buy today and sell a few days later ...that is not investing that is gambling
....

samsung555

478 posts

Posted by samsung555 > 2014-10-12 20:58 | Report Abuse

MUHIBBAH now a bit pricey oledi..........

ktjaven

331 posts

Posted by ktjaven > 2014-10-13 11:03 | Report Abuse

Wxgwxw, pls embrace reality... so wat when there's catalyst after catalyst to which price is not responsive & reflective?? Runnnnnnnnn when u can... another 10sen drop today... muhibah going to hell, wake up from ur delusion...

gunse007

66 posts

Posted by gunse007 > 2014-10-13 11:45 | Report Abuse

i ll buy muhibbah if it reaches rm1 ..:)

WXGWXW

172 posts

Posted by WXGWXW > 2014-10-13 20:32 | Report Abuse

haha. try my luck here. waiting the lowest dip (the most viable PEG) to enter.

Posted by bonescythe > 2014-10-20 10:16 | Report Abuse

strong bounce back

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