Posted by Ayamce > 2018-03-28 01:02 | Report Abuse

correction Each Quarter RM 1.55 Mil ...

Posted by Ayamce > 2018-03-28 01:02 | Report Abuse

Only accounted for 10% for the company's revenue nia

Posted by Ayamce > 2018-03-28 01:02 | Report Abuse

profit margin leh? diminishing

Posted by Ayamce > 2018-03-28 01:11 | Report Abuse

Hey, why no cost controlling?

Now profit diminishing

Posted by Ayamce > 2018-03-28 01:38 | Report Abuse

Win contract what use ?

Rising cost = marginal loss for each additional unit produced.
More project = higher losses?????



Doing nothing is better.
Sell the land and realise profits is better.

Posted by Stead > 2018-03-30 20:47 | Report Abuse

If they can sell the land at the price they bought, we will be talking cash per share around 70 sen or same as current share price. Maybe the Major shareholders are so afraid to let financial community know about the “richness” of this counter, they take the green pill method, so that vulture investors wont attack them....

Posted by KINGV > 2018-04-11 23:18 | Report Abuse

Dr Goh Kar Chun,
I think you should seriously consider the option of the company issuing free warrants to shareholders . This approach has been adopted by many companies including of late by companies such as NHFatt and DSONIC. This option has many advantages which among them are
1) It helps the company to conserve capital ,
2) It helps to bring in fresh capital and increase liquidity of the share when shareholders exercise
the warrants.
3) The percentage of shareholdings owned by the Gohs and Chuahs is not affected by this option
and
4) This option will maintain the goodwill of shareholders like me who would like to receive some
returns for investing in this company.
From my research, if I am not wrong the company has only once issue bonus since the company's
listing on the market.

Posted by Top_30 > 2018-04-12 22:04 | Report Abuse

Stock consolidation then, Rights issue to raise fund to build hospital ?

Posted by KINGV > 2018-04-13 09:40 | Report Abuse

The free warrants is a stand alone thing . It does not involve rights issue as in both cases of NHfatt and DSONIC. As a personal opinion, it is a bad idea to build a hospital at this stage as the economic conditions are not favourable such as more difficult living conditions and more competition in the medical services. Moreover MCE is a small company relative to the big capital required and big boys in the medical services.

Posted by KINGV > 2018-04-15 21:56 | Report Abuse

My apologies. For NHFatt case,it is a bonus issue ,not a free warrants issue.

Posted by jordanmaggie61 > 2018-04-16 14:33 | Report Abuse

非常好

Posted by Stead > 2018-04-19 11:11 | Report Abuse

Rights issue won't work as the major shareholder is holding less than 30% and if the issue price is priced at RM1, who will subscribe? At RM1, they can only raise a miserable RM13.2 mil. Only enough to build single storey hospital with no basement carpark.

Posted by Stead > 2018-04-19 11:12 | Report Abuse

Totally wrong move into hospital. Sell the land to other stronger franchise, like ramsay sime darby or IHH, utilize the money into core biz.

Posted by jordanmaggie61 > 2018-04-19 12:09 | Report Abuse

than k

Posted by Stead > 2018-06-01 15:33 | Report Abuse

Finally the Company updated its website... it is now more trendy...

Posted by Akihito > 2018-06-02 23:01 | Report Abuse

I command you to stop the hospital project, in order to strengthen the Balance Sheet.

241169, 4922243, 3762961, 5583008, 5151331, 5569366

Posted by Akihito > 2018-06-04 21:17 | Report Abuse

4911342 ?

Posted by Akihito > 2018-06-05 17:09 | Report Abuse

Read the numbers in the 3 sell queues

Posted by EGGs > 2018-06-07 23:56 | Report Abuse

1649645

Stead, check out the volume today! Jun 4, May 23 and May 25

You are so smart.

Posted by EGGs > 2018-06-07 23:58 | Report Abuse

3083489

Posted by EGGs > 2018-06-08 00:04 | Report Abuse

2669455

Posted by Obamak > 2018-06-10 00:05 | Report Abuse

4166113 2587398 5616155 4828806 4668012 5595588 5071828 4985432 4480514 4481972

How is the progess of the hospital project may i know? Akihito?

Posted by Obamak > 2018-06-10 00:07 | Report Abuse

385274 Thanks

Posted by Obamak > 2018-06-10 00:17 | Report Abuse

5577606 1966848 4056343 420121

Posted by KINGV > 2018-07-11 19:58 | Report Abuse

For MCE shareholders information. MCE has secured an approximately RM105 million contract to supply parts to Proton over 9 years which is expected to commence in the 4th quarter of fye 2019.

Posted by balvin71 > 2018-07-11 22:07 | Report Abuse

105 million over 9 years = less than 1 million a month. Proton got cash flow issue not paying supplier on time. Is this a good deal?

Posted by balvin71 > 2018-07-11 22:25 | Report Abuse

With the earlier announcement in March, going forward total sales will be 1.5 million per month with Proton. With Perodua say another 1.5 million per month. Total about 3 million per month or 9 million per quarter. Company will still be running at a loss at this sales level.

Posted by balvin71 > 2018-07-11 22:27 | Report Abuse

I don't have any shares right now in MCE. Would like to get feedback from the forum.

Posted by Stead > 2018-08-11 10:01 | Report Abuse

It is rare to see the Chairman of the Company to buy from market. Chairman has been with the Company for more than 10 years. Did he see something lying ahead for the Company and the future with Geely/Proton? Something to ponder hard...

Posted by Lim Tek Wai > 2018-08-13 12:09 | Report Abuse

buy more and earn more kiki

Posted by Ahha > 2018-08-13 22:40 | Report Abuse

Project costs is RM 659,159 what ?

Posted by Ahha > 2018-08-15 01:05 | Report Abuse

the cost is actually RM 457,027. lower

Posted by KINGV > 2018-08-20 19:53 | Report Abuse

For those who are interested please refer to the press statement by DRBHCOM on the JV between
Proton and Geely in China. The JV has implications on vendors if you go through the statement.

Posted by Yael Jasper > 2018-08-21 12:06 | Report Abuse

Good show ! Very strong... will move tomorrow and profit incoming

Posted by Lim Tek Wai > 2018-08-21 12:26 | Report Abuse

Yahoooo ! Good profit tho, can spend more already kikiki

Posted by Michaelphlee > 2018-09-27 23:09 | Report Abuse

Another shitty quarter.

Posted by Michaelphlee > 2018-10-09 22:43 | Report Abuse

MOU with China company to sell their products in Msia.

Posted by Michaelphlee > 2018-10-11 13:54 | Report Abuse

MCE Holdings Bhd will manufacture and sell window regulators to Proton and Geely Motor customers in Malaysia under a technical assistance agreement with China-based Shanghai SIIC Transportation Electric Co Ltd (STEC).
Read more at https://www.thestar.com.my/business/business-news/2018/10/11/mce-shares-fall-in-early-trade/#gF6VHJFIMuz2UFcX.99

Posted by k6ii > 2018-11-08 13:01 | Report Abuse

why this share keep dropping?

Posted by Michaelphlee > 2018-11-14 12:37 | Report Abuse

They need to show a good 1/4 this mth end otherwise nobody will play......

Posted by Michaelphlee > 2018-11-19 23:20 | Report Abuse

Bigger things are coming. Geely coming with more new models. MCE is ready. Their hospital project still ongoing but at slower pace. Dr Goh’s interview with BFM this morning - A New Dawn for Malaysia’s Car Industry
https://www.bfm.my/bg-dr-goh-kar-chun-mce-holdings-a-new-dawn-for-malaysias-car-industry

Posted by abang_misai > 2018-11-20 00:17 | Report Abuse

you believe what he said in BFM? Laugh me die

Posted by tapdance > 2018-12-27 11:32 | Report Abuse

From AGM, management refuses to monetise the hospital land wasting RM30m capital but instead tabled a resolution to issue shares (did not propose this last year). Dodgy to say the least???

Other than saying the CEO works very hard, nothing specific to back it up to justify his exorbitant income while company sufferance loses. Interestingly, they brag about cost reduction...

Sometimes I wonder how one defines scam.

Posted by KINGV > 2019-01-19 20:54 | Report Abuse

If you look at the report of the latest AGM by Easy Wong (get the translated version), the company believed that the fiscal year 2019 should be good and the company performance should be quite good in the long run.

Let us see whether the above will come true. It is frustrating as a shareholder to get nothing in return compared to what the controlling shareholder is getting considering the low market capitalization of the company (I must admit the market generally is not good).

Posted by Michaelphlee > 2019-03-21 23:21 | Report Abuse

KUALA LUMPUR, March 21 — MCE Holdings Bhd (MCE) eyes RM51 million in total revenue from two different contracts to supply various electronics and mechatronic components and parts for Proton and Perodua’s new car models.

Posted by Michaelphlee > 2019-05-06 22:26 | Report Abuse

MCE teams up with Taiwanese firms to make automotive audio-visual products
Justin Lim
/
theedgemarkets.com

April 16, 2019 19:10 pm +0

Posted by Michaelphlee > 2019-05-06 22:28 | Report Abuse

MCE wins RM51mil jobs
AUTO
Friday, 22 Mar 2019

PETALING JAYA: MCE Holdings Bhd’s unit has secured new contracts worth RM51mil to supply electronics and mechatronic components and parts for Proton and Perodua new car models.


Read more at https://www.thestar.com.my/business/business-news/2019/03/22/mce-wins-rm51mil-jobs/#qk0PUOVLCJEOgsC8.99

Posted by Michaelphlee > 2019-05-06 22:31 | Report Abuse

MCE wins RM51mil jobs
AUTO
Friday, 22 Mar 2019

PETALING JAYA: MCE Holdings Bhd’s unit has secured new contracts worth RM51mil to supply electronics and mechatronic components and parts for Proton and Perodua new car models.


Read more at https://www.thestar.com.my/business/business-news/2019/03/22/mce-wins-rm51mil-jobs/#qk0PUOVLCJEOgsC8.99

Posted by L2earn > 2019-05-08 00:28 | Report Abuse

coldeye's love, good eh!

Posted by KINGV > 2019-12-12 21:44 | Report Abuse

Please use the following information at your own risk.
1)The revenue of MCE should increase by a good amount for fye 2020 due to the two contracts of
RM105 million and RM51 secured in11/7/2018 and 21/3/2019 respectively and
2)MCE has been and will be supplying several traditional and also new parts for X70 on its own
and in collaboration with STEC in addition to parts for the revised Proton models. In fact MCE
has invested RM7.5 million in plants for fye 2019 to meet the new demand of spare parts. The
information can be found in MCE Bulletin Volume 20, November 2019.