Posted by investortrader88 > 1 week ago | Report Abuse

Congrats guys after waiting finally it fly !

Posted by Junqi > 1 week ago | Report Abuse

Better sell and run before the company puts up a correction to 8.5cts.In Malaysia anything is possible. Haha

Posted by nhbeen > 1 week ago | Report Abuse

85 cents dividend is correct as the company is sitting on pile of cash.

Posted by speakup > 1 week ago | Report Abuse

net cash (less liabilities) is rm186mil, shares issued is 231mil
means favco will be a slighly net debt company after this dividend.

Posted by speakup > 1 week ago | Report Abuse

no wonder muhibah & CEO Mac has been aggressively buying favco shares past few months, even though muhibbah not doing well. it all makes perfect sense now.

Posted by speakup > 1 week ago | Report Abuse

Muhibah moving money from son Favco to parent.
Was wondering why Muhibah then in the midst of a rights issue, still spending so much money to buy favco.
now it is clear.

Posted by Mark Goh > 1 week ago | Report Abuse

I called tricor and IR 85sen is true.

Posted by stockraider > 1 week ago | Report Abuse

The huge coming div payout of 85sen plus 8sen will enhance FAVCO ROE% significantly mah!

Posted by CharlesT > 1 week ago | Report Abuse

One off lah

Favco is a side dish....muhibbah is the main dish

Posted by wallstreetrookie > 1 week ago | Report Abuse

Why always so many comments after a news has been out. Where you guys one month ago? Quietly buying

Posted by wallstreetrookie > 1 week ago | Report Abuse

No one mentioned about this stock one month ago. Now good news, come out and talk nonsense such as one-off gain, fake dividends.
This guy @Junqi sour grape.

Posted by wallstreetrookie > 1 week ago | Report Abuse

@Junqi beware of bad karma. Hope no one sold early because of this misinformation

Posted by wallstreetrookie > 1 week ago | Report Abuse

Why would Muhibbah and Favco management buy almost 1% of total float? 100% insider information regarding dividend payouts.

Posted by wallstreetrookie > 1 week ago | Report Abuse

A lot of people missed out especially KLSE screener traders. All crying about fake dividends. Haha

Posted by wallstreetrookie > 1 week ago | Report Abuse

Already said y'all will regret selling due to incoming dividends. Favco always give huge divs to compensate for the lack of growth.

Posted by loneranger3211 > 1 week ago | Report Abuse

today up 55 sen, another 30 sen to go?

Posted by gemfinder > 1 week ago | Report Abuse

Beter sold off ma favco when got tis golden chance. In d end, favco oso got problem ma

Posted by tenghian > 1 week ago | Report Abuse

@loneranger3211
85sen is almost favco 4year total eps, 30sen is small gift for who want to buy the share and back to 4year ago, and take risk cash flow

Posted by wallstreetrookie > 1 week ago | Report Abuse

@gemfinder lost money in Hengyuan playing contra lol

Posted by wallstreetrookie > 1 week ago | Report Abuse

gemfinder you are the biggest gambler on i3. Buys at the top and sells at the bottom

Posted by wallstreetrookie > 1 week ago | Report Abuse

Lots of liars here, Favco will keep going up to match the div until the ex-dividend date. Then it will drop. Stop lying

Posted by 641003025255 > 1 week ago | Report Abuse

Next TP will above RM4 to match for the div

Posted by snowball2000 > 1 week ago | Report Abuse

In a market rout full of casulties, I m just happy to see that FAVCO is enjoying good return, be it in price appreciation or the eventual dividend payout. Whether you sell now or hold to receive dividend later, all shareholders are winners! FAVCO GO GO GO.... ;)

Posted by wallstreetrookie > 1 week ago | Report Abuse

Dividend arbitrage let's go

Posted by wallstreetrookie > 1 week ago | Report Abuse

Close RM3.30

Posted by wallstreetrookie > 1 week ago | Report Abuse

Next week RM3.4

Posted by investortrader88 > 1 week ago | Report Abuse

https://www.theedgemarkets.com/article/favelle-favco-secures-rm55m-pur...

Posted by Mabel > 1 week ago | Report Abuse

Wah this is really good...

Posted by wallstreetrookie > 1 week ago | Report Abuse

Double good news.

Posted by wallstreetrookie > 1 week ago | Report Abuse

These local institutions trading on insider info again. Criminal actions

Posted by wallstreetrookie > 1 week ago | Report Abuse

Bursa is one of the dirtiest equities market in the world. No wonder SC chairman stepped down. Foreign investors continue to short sell Ringgit

Posted by wallstreetrookie > 1 week ago | Report Abuse

Didn't receive market color from my broker, but I know that Favelle Favco management is greedy and will give themselves high dividend each quarter so I bought a lot a few months ago.

Posted by gohkimhock > 1 week ago | Report Abuse

If every year is like this then this counter deserves a rerating. If not, better don't get yourself stucked high. One tsunami comes, you will become a bagholder..

Posted by NatsukoMishima > 1 week ago | Report Abuse

Like cantonese people always says " where got such huge toad waiting for catching on the street " ?? Use your brain to think twice before staying in VIP room permanently !

Posted by The_JQuestion > 1 week ago | Report Abuse

HEHHEE interesting move... good for muhibbah good goodd go go long term gem

Posted by henry888 > 1 week ago | Report Abuse

With 85 cents dividend given, i think is no harm to shareholders/ppl albeit the fears of some ppl this is a trap. In any way, this is a good company with results proven and dividends given extracted from the past records. Furthermore, is money given to shareholders and not unscrupulously channeled to other sources of unprofitable investment. Note : my opinions only.

Posted by MYthenightmare > 1 week ago | Report Abuse

So many韭菜here attracted by the so called high dividend here, tasty and yummy food of big s shark gangs, oh yeah

Posted by henry888 > 1 week ago | Report Abuse

Sure no money buy talk rubbish or a short seller on reverse talk ???

Posted by wallstreetrookie > 1 week ago | Report Abuse

They are keyboard warriors, sour grapes who missed out on dividends

Posted by wallstreetrookie > 1 week ago | Report Abuse

Where were they before the dividend announcements?

Posted by wallstreetrookie > 1 week ago | Report Abuse

Before the dividend announcement, this forum only has 3-5 comments every week. After the 85 cent dividend, everyone, uncle and auntie from Facebook came to comment here. Simple, because they missed out.

Posted by 641003025255 > 1 week ago | Report Abuse

Buy-buy not to late. this counter will move further high

Posted by henry888 > 1 week ago | Report Abuse

That type of people is just like up afraid of fox, down also afraid of tiger, best keep in Bank or no bullets already. Of course there must be loser depends on your entry point and targets of operator.

Posted by jeremy961102 > 1 week ago | Report Abuse

Favco can go higher ?
https://youtu.be/3TCcpXPIkkQ

Posted by richardsharing > 1 week ago | Report Abuse

if many ppl buy, price will down. if no ppl buy, price will up lo...

Posted by snowball2000 > 6 days ago | Report Abuse

In my view, I think FAVCO is a good company with solid business. I was a shareholder. However, after 85 sen is distributed, it will effectively become a company which is without surplus cash (after balance cash is netted against borrowings). However, given its track record of past performance, it should not have problem obtaining financing from banks. Would like to hear from anyone with a different view. Please enlighten. TQ.

Posted by stockraider > 6 days ago | Report Abuse

How can u lose when u can get back 93 sen div in this share leh ?

Posted by henry888 > 5 days ago | Report Abuse

Esos lagi coupled with US index seems down trend, not easy to win even in other stocks, bumper road ahead.