MCE HOLDINGS BERHAD

KLSE (MYR): MCEHLDG (7004)

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Last Price

1.77

Today's Change

-0.02 (1.12%)

Day's Change

1.76 - 1.79

Trading Volume

260,500


6 people like this.

568 comment(s). Last comment by SMInvest 1 week ago

investorbat

1,407 posts

Posted by investorbat > 2024-01-24 14:54 | Report Abuse

mom at 1.52,at 30% premium wa should trade at 1.10,wa trying to catch up the premium

klee

3,137 posts

Posted by klee > 2024-01-26 10:41 | Report Abuse

sailang wa

klee

3,137 posts

Posted by klee > 2024-01-31 09:21 | Report Abuse

huat ah

klee

3,137 posts

troy88

2,912 posts

Posted by troy88 > 2024-02-05 10:46 | Report Abuse

Still bullish. WA should challenge ATH again soon..

klee

3,137 posts

Posted by klee > 2024-02-08 14:05 | Report Abuse

Good,here still quiet unlike kopitiam.Lol.

mf

28,171 posts

Posted by mf > 2024-02-08 16:18 | Report Abuse

target 2.18

Posted by khatulistiwa8 > 2 months ago | Report Abuse

came here to check out the forum.. discussion seems to have died off. share price also has lost some steam recently.. though still very good from where it started off not too long ago. today got some good news on the sectors.. which shld benefit MCE.
1) Proton records sales of 11,025 units in April, higher by 17.1% y-o-y
https://theedgemalaysia.com/node/710413
2) Perodua eyes 79% jump in exports this year as it introduces more models in Brunei
https://theedgemalaysia.com/node/710504
so ... there's still leg to the rally? building base now? i guess only time will tell.

kritikos

51 posts

Posted by kritikos > 2 months ago | Report Abuse

read the news! Creador aka Brahmal is now a substantial shareholder in MCE.. hosei liao. he must know sth good in the company's future. i just hope there are more news and coverage on the stock so ikan bilis like us can have better information.

icecube

21 posts

Posted by icecube > 2 months ago | Report Abuse

how things have turned... i still remember some some 2+years back, MCE was trading at 6-8x PE while Betamek was at 13-15x. Beta was in favour then. Fast forward, today, Beta is out of favour due to political reasons.. now trading at single digit PE, while it's MCE turn to fly high.. trading at teens PE.. and brahmal is now a substantial shareholder. Goes to show every dog has its day.

Posted by eugenewong794 > 2 months ago | Report Abuse

Which is why I avoid politically linked stocks or companies that rely on gov contracts to be profitable, even if it's flying or great business, cos 1 bad announcement and the share will dump

Posted by cashflowman > 1 month ago | Report Abuse

Poor coming Q3 results ?

Posted by eugenewong794 > 4 weeks ago | Report Abuse

Okay QR. not bad not great either, if purely look at profits (which is what most retailers do) its dissapointing, but if u dig deeper, the 9MFY24 ocf is ady 30m vs fy2023 ocf 20m, fcf also 9mfy24 7.4m vs fy23 5.2m. Remember creador wouldnt have invested in the counter if it wasnt good

Posted by cashflowman > 3 weeks ago | Report Abuse

Hopefully with Dr Lee appointment cross border business will expand faster.

SMInvest

292 posts

Posted by SMInvest > 3 weeks ago | Report Abuse

hold tight

zzprozaz

193 posts

Posted by zzprozaz > 2 weeks ago |

Post removed.Why?

SMInvest

292 posts

Posted by SMInvest > 1 week ago | Report Abuse

MCE Holdings bags RM19.6 mil contract to supply parts for Perodua’s first EV


19 Jul 2024, 07:28 pm


KUALA LUMPUR: Automotive parts manufacturer MCE Holdings Bhd (KL:MCEHLDG) said it has clinched a RM19.6 million contract to supply electronic and mechatronic components for Perusahaan Otomobil Kedua Sdn Bhd's (Perodua) first electric vehicle (EV).

The components include multimedia display unit, instrument panel cluster, advanced driver assistance system, functional switches and interior lightings, said MCE in a bourse filing.

The three-year contract, it said, will commence in the second quarter of the group’s next financial year ending July 31, 2026.

The project is expected to contribute positively to the earnings of the MCE Group over a 36-month period commencing from the financial year ending July 31, 2026, whilst the estimated total investment cost is RM12.78 million.

“MCE is proud to support Perodua in this significant milestone of launching a national EV, and we are grateful to Perodua for their trust and confidence in us,” said MCE group managing director Dr Goh Kar Chun in a statement.

“This achievement is a testament that we can penetrate the EV market, which holds immense potential, and we are optimistic about further opportunities ahead. Moving forward, we will continue to scale the value chain to deliver higher value and technologically sophisticated products to our clients,” he said.

MCE is an original equipment manufacturer specialising in the full spectrum of design, manufacture and supply of automotive electronics and mechatronic parts for the Malaysian and regional markets, with plants in Johor Bahru and Port Klang.

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