FARLIM GROUP (M) BHD

KLSE (MYR): FARLIM (6041)

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Last Price

0.20

Today's Change

-0.01 (4.76%)

Day's Change

0.20 - 0.20

Trading Volume

1,000


3 people like this.

321 comment(s). Last comment by ahbah 2023-12-06 12:10

TEOH88

150 posts

Posted by TEOH88 > 2014-08-07 09:20 | Report Abuse

no more hope!

iswara

896 posts

Posted by iswara > 2014-08-10 01:14 | Report Abuse

bye bye

heavyth

848 posts

Posted by heavyth > 2014-08-11 10:31 | Report Abuse

still got hope...

Posted by Govin Chuah > 2014-08-11 17:04 | Report Abuse

stingy boss,hard 2 gain!

TEOH88

150 posts

Posted by TEOH88 > 2014-08-11 17:17 | Report Abuse

what hope u want?

jcwbjcwb

13 posts

Posted by jcwbjcwb > 2014-08-12 09:31 | Report Abuse

Poor shareholders got nothing, not even scraps after company made big Profit from land sales!!EDs n BODs enjoy fat salaries n fees whilst poor shareholders continue to suffer in silence! Latest acquisition of land for RM19m for a leasehold land with lease expiring in 2020 (6 years) to go does not bring much confidence! Sell sell sell n invest other better counters in KLSE

Snowden

55 posts

Posted by Snowden > 2014-08-12 20:41 | Report Abuse

Super con men

Posted by bryankhor82 > 2014-08-19 09:48 | Report Abuse

stingy chicken!!

Posted by Govin Chuah > 2014-08-25 10:32 | Report Abuse

sleep la FARLIM!

Posted by Govin Chuah > 2014-09-02 10:20 | Report Abuse

bangkrupt?

TEOH88

150 posts

Posted by TEOH88 > 2014-09-02 12:59 | Report Abuse

46m missing or gone!

heavyth

848 posts

Posted by heavyth > 2014-09-03 20:43 | Report Abuse

What Rm46m ??

Snowden

55 posts

Posted by Snowden > 2014-09-06 10:36 | Report Abuse

Stolen thats why stock price no action

Posted by Govin Chuah > 2014-09-08 10:35 | Report Abuse

don buy this chicken stocks,it will getting lower and lower!

heavyth

848 posts

Posted by heavyth > 2014-09-08 21:06 | Report Abuse

gone case ah...?????

TEOH88

150 posts

Posted by TEOH88 > 2014-09-11 14:21 | Report Abuse

in director pocket?

heavyth

848 posts

Posted by heavyth > 2014-09-11 21:11 | Report Abuse

where is the bottom..???

TEOH88

150 posts

Posted by TEOH88 > 2014-09-12 08:50 | Report Abuse

Below 0.50!

heavyth

848 posts

Posted by heavyth > 2014-09-14 20:46 | Report Abuse

Hope for good news...!!!!

Posted by Govin Chuah > 2014-09-16 12:25 | Report Abuse

dropped to 4 week range low oledi..damn soft chick!

Nuser

17 posts

Posted by Nuser > 2014-09-17 09:55 | Report Abuse

not dare to buy although have holding power,follow it since price maintain from 695,huge dropped counter!i think company facing internal profit sharing or? no good management?

Nuser

17 posts

Posted by Nuser > 2014-09-22 00:06 | Report Abuse

FARLIM!!!
首相纳吉一手成立的一个大马发展公司再次卷入争议。媒体质疑,这家官联公司在去年第13届全国大选前,匆匆以逾13亿令吉的高价在槟城购地,并且有可能会面对逾10亿令吉的损失。

根据《The Edge》财经周刊报道,一个大马发展公司是在去年全国大选5月5日投票的6天前,掷资13亿8000万令吉,购买槟岛阿依淡234英亩土地,原是要兴建9999间廉价屋和经济屋。

不过,随着民联以更高的议席优势胜出槟州,这项房屋发展计划已经不了了之,而一个大马发展公司则剩下数个被指购价过高,且具有许多发展障碍的地段。

发展面对阻碍重重

《The Edge》报道,保守估计,上述土地现有1200名住户,而在发展之前,该公司必须赔偿与安抚住户。

无论如何,《The Edge》续说,一个大马发展公司可能都会亏损。其所承诺的9999所廉价房,包括赔偿予现有住户,将耗资27亿令吉。

不过,该报指出,脱售屋子的收入至多可达14亿5000万令吉,而若一个大马发展公司未使用这片土地,它也将因为缴付银行利息,每年损失高达5500万令吉。

根据这份财经周刊,一个大马发展公司是以比2011年市价高出95%的价格,购入这项工程的部分地段。

“这是零散的地段,而其拥有者曾经耗巨资打过多场官司,一直不能发展起来。”

林玉唐吴春来涉及?

这份财经周刊表示,一个大马发展公司是通过Farlim Properties Sdn Bhd、Gerak Indera Sdn Bhd和法林集团(Farlim Group)购买上述地段,而这些公司与槟城巨贾林玉唐与吴春来存有关系。

林玉唐也是前华总会长,而吴春来则在第13届大选中支持国阵。

该报道指出,这宗交易的中间人,很可能从中受惠。

“这片土地的售卖者与中间人肯定开怀大笑,因为他们能够将这片234荧幕,充满障碍,且难以发展的土地脱手。”

该报引述消息指一群亲国阵的生意人,原本计划在行动党堡垒选区之中,建造9999所房子予槟州人民,是期望从民联手上重夺这个州属。

据称,上述生意人包括吴春来、作风高调的年轻富豪刘特佐(Jho Low)与来自槟城的一个大马发展公司董事王锦发。

刘特佐否认涉其中

《The Edge》寻求刘特佐(左图)回应时,对方透过公关公司Edelman,并不否认自己认识林玉唐与吴春来,但强调自己与二人没有生意来往。

询及是否是刘特佐为上述几人与一个大马发展公司进行牵线时,该公关公司则重申,刘德祖从未担任一个大马发展公司任何职务。

截止截稿时间,一个大马发展公司并未就上述课题作出回应。

林冠英促政府澄清

此外,《马来西亚内幕者》报道,槟州首长林冠英呼吁联邦政府澄清此事,并解释购买这片土地的具体数额。

“这以后,我们不知他们将如何建造房屋。”

“他们是否可以偿还债务,仍不得而知。”

“鉴于关乎公共利益 ,我希望联邦政府可以解释这些课题。”

http://s.m5.malaysiakini.com/news/275320.html

Nuser

17 posts

Posted by Nuser > 2014-09-22 00:21 | Report Abuse

so complicated..where the money fly to? all internal telan ??

Snowden

55 posts

Posted by Snowden > 2014-09-22 20:25 | Report Abuse

No wonder price is low to avoid radar. Farlim manage to get rid of trouble land at high price . And poor investors like is suffer

Posted by Govin Chuah > 2014-09-24 00:44 | Report Abuse

from 0.7+ dropped to 0.6

Wmney

59 posts

Posted by Wmney > 2014-09-25 10:44 | Report Abuse

dead mood

Posted by bryankhor82 > 2014-09-26 15:55 | Report Abuse

Farlim sell those land to 1MDB?then have the company record it into the account?

Wmney

59 posts

Posted by Wmney > 2014-09-27 11:54 | Report Abuse

this not very sure due to not expect into it,but from lose company became a gain and cash in hand company for latest report(but where the cash...)

Wmney

59 posts

Posted by Wmney > 2014-10-08 10:11 | Report Abuse

game over

Wmney

59 posts

Posted by Wmney > 2014-10-09 11:54 | Report Abuse

wait drop until 0.480..kiki 52 weeks range..

Wmney

59 posts

Posted by Wmney > 2014-10-31 09:17 | Report Abuse

4ever red!!

Wmney

59 posts

Posted by Wmney > 2014-10-31 09:59 | Report Abuse

going 2 win lottery ,seldom green

Posted by Govin Chuah > 2014-11-04 22:16 | Report Abuse

0.7 to 0.6 and now 0.5..yes,wmney,wait for 52 wks low 0.4. Lousy la

Madd

79 posts

Posted by Madd > 2015-01-08 09:50 | Report Abuse

poor N low vol

dragonking

3,496 posts

Posted by dragonking > 2015-04-24 15:29 | Report Abuse

ICON,,, i also like farlim

rica7894

165 posts

Posted by rica7894 > 2015-05-11 13:39 | Report Abuse

<<<<A good candidate for a privatization exercise with dividen yield 8%. >>>>

FARLIM GROUP (MALAYSIA) BHD: Issued & Paid-Up Share Capital RM140,326,100 (140,326,100 ordinary shares of RM1.00 each)

The company is involved in property development. It is currently (Nov 2014) developing the Bandar Baru Ayer Itam township.

It has not been very aggressive in undertaking new projects. Property development cost had been flattish between rm17 million and rm20 million in the past four years.

Its book value stood at rm1.08 per share. Its assets understated as it holds land bought at low prices. The company has 208 acres of land in Terengannu (Mukim of Kertih, Kemamam) with a book cost of rm1.6 million or 17.7 sen psf and 2.23 acres in Penang carried at rm4.2 million or rm43.3 psf. Both plots have not been revalued since 1998.

It appears to be a good candidate for a privatization exercise based on prevailing valuations due to :

-With borrowing only Rm531,899.
-Cash is King. Strong net cash positon, net cash is around Rm96,815,624 as at Dec 31, 2014.
-Net cash per share is around Rm0.69,accounted for 110% of share price.
-It holds land bought at low prices.
-Proposed a first and final single tier dividend of 5 sen per share in respect of the financial year ended December 31, 2014, share price should be supported by dividen yield ^8%^.
-TAN SRI DATO’ SERI LIM GAIT TONG through Farlim Holding Sdn Bhd owns a 43.2% stake. Will TAN SRI DATO’ SERI make a move to take over the company?
==========================================================
To privatize the company, assumed TAN SRI DATO’ SERI making an offer of Rm0.70 per share or Rm56m @ 56.8% Paid-Up Share Capital 140,326,100 ordinary shares of RM1.00 each, he will immediately own the Rm40m cash of the company.
==========================================================

rica7894

165 posts

Posted by rica7894 > 2015-05-11 16:42 | Report Abuse

2015E dividend of 5 sen is just around the corner should help support the share price.

rica7894

165 posts

Posted by rica7894 > 2015-05-21 18:53 | Report Abuse

The highest dividend paying stocks in July with dividend yield of ^8%^.
Dividend is 5 sen per share. The entitlement date for this dividend is on 08 Jul 2015.

Up!Up!Up!Up!Up! Bravo, for Farlim management. We, minor shareholders got something from its assets sales!

rica7894

165 posts

Posted by rica7894 > 2015-05-21 18:56 | Report Abuse

冷眼
---现金为王---
从消极角度看,长期拥有大量现金,被视为企业主没有充分利用资源,以加速企业盈利的增长。
但从积极的角度看,此类股票具有强韧的生命力,经得起暴风雨的吹袭,“现金为王”,此言不虚。
Cash is King. Farlim is a company which has net cash per share of Rm0.69 as at Dec 31, 2014. .

KopiPeng668

2,491 posts

Posted by KopiPeng668 > 2015-05-22 19:49 | Report Abuse

Aiyo,5cents dividend, Beh Pai Mah, can eat KFC boh,hihi

Posted by allhafiez87 > 2015-06-12 15:50 | Report Abuse

Lampu sudah hijauuuu~~ hopefully boleh dapat duit raya ^^

Posted by Eddie Soon > 2015-06-16 09:00 | Report Abuse

5 stars FARLIM..TP 073 BUY CALL

saschl

310 posts

Posted by saschl > 2015-07-04 10:31 | Report Abuse

Can any Sifu please enlighten me why this Farlim is making big loss in Q1 2015?Thkq very much

Vin Chuah

843 posts

Posted by Vin Chuah > 2015-07-08 09:48 | Report Abuse

still cannot touch 0.7 eiks

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