Posted by snowball2000 > 2022-05-26 09:58 | Report Abuse

Why did the director keep on selling?

Posted by speakup > 2022-05-26 11:02 | Report Abuse

director sell to give u chance buy mah

Posted by TraderBilis > 2022-05-26 11:17 | Report Abuse

0.85 + upcoming maybe 0.08..0.93 sen still yummy..

Posted by NewbieStockTrader > 2022-05-26 14:38 | Report Abuse

@investortrader88 GG lo.. today down again..

Posted by shichini72 > 2022-05-26 15:55 | Report Abuse

buy

Posted by charonflytea > 2022-05-26 16:21 | Report Abuse

Let every panic first, then only slowly sapu

Posted by snowball2000 > 2022-05-27 09:53 | Report Abuse

When Director is selling / buying with insider information, Bursua/SC should scrutinise the transactions!!!

Posted by snowball2000 > 2022-05-27 09:54 | Report Abuse

Especially during closed periods...

Posted by speakup > 2022-05-27 09:59 | Report Abuse

already told u all last time sell son Favco swap to mother Muhibbah cos all the Favco cash transferred to Muhibbah

Posted by snowball2000 > 2022-05-27 10:05 | Report Abuse

As a matter of fact, I sold all... ;p

Posted by snowball2000 > 2022-05-27 10:06 | Report Abuse

Between 3.25 - 3.30, phew...

Posted by speakup > 2022-05-27 10:07 | Report Abuse

smart move!

Posted by snowball2000 > 2022-05-27 10:07 | Report Abuse

sama sama...

Posted by henry888 > 2022-05-27 10:09 | Report Abuse

Hi hi, cannot trap me, i already know before ex date and sold before ex date as the chart with flat top depicts operator not going to push (as i entered second time at above rm3.20) and also afraid majority shareholders would sell and let you no chance to escape since Muhibbah need fund (opinion).

Posted by speakup > 2022-05-27 10:10 | Report Abuse

based on my past experience, when a common owner move money from company X to company Y, means he is shifting attention from X to Y. The smart move is Sell X swap to Buy Y.

in this case, X is Favco, Y is Muhibbah.

Posted by henry888 > 2022-05-27 10:16 | Report Abuse

But you need to know why Muhibbah need fund ??? Is Muhibbah doing any job of Sapura energy since in trouble???

Posted by snowball2000 > 2022-05-27 11:53 | Report Abuse

https://www.theedgemarkets.com/article/maybank-ib-downgrades-favelle-favco-less-attractive-earnings-outlook

Posted by snowball2000 > 2022-05-27 11:53 | Report Abuse

Scary remarks...

Posted by NatsukoMishima > 2022-05-27 13:11 | Report Abuse

@snowball2000

110 posts

Posted by snowball2000 > 3 hours ago | Report Abuse

When Director is selling / buying with insider information, Bursua/SC should scrutinise the transactions!!!
________
Fake account like serb also not a big deal , what more u want expect our sleeping beauty !

Posted by NatsukoMishima > 2022-05-27 13:11 | 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 snowball2000 > 2022-05-27 17:01 | Report Abuse

Considering serb and other irregularities in the market, this starts to feel like a SCAM.... :(((

Posted by sasword > 2022-06-15 16:30 |

Post removed.Why?

Posted by speakup > 2022-06-20 16:03 | Report Abuse

favco drop so much cos all it's cash has been taken out from company

Posted by speakup > 2022-06-20 16:04 | Report Abuse

recession coming, favco is very very vulnerable because it has net cash 0! all already taken out

Posted by snowball2000 > 2022-06-21 12:19 | Report Abuse

Ex-dividend price should have been 2.40 (3.25 - 0.85)... It drops non-stop since going ex-div, really scary......

Posted by ming > 2022-06-23 15:55 | Report Abuse

another 8 cents dividend~

but no sound no gas here

Posted by AlfI3 > 2022-07-02 07:36 | Report Abuse

Is a "game over" case

Posted by snowball2000 > 2022-07-04 10:40 | Report Abuse

Confirmation of direction by end Aug 2022 with next quarterly announcement...

Posted by TraderBilis > 2022-07-25 19:07 | Report Abuse

Buy2

Posted by Johnmajor > 2022-07-26 10:31 | Report Abuse

SC and Bursa should investigate

Posted by snowball2000 > 2022-07-28 10:03 | Report Abuse

FF gg...

Posted by snowball2000 > 2022-08-26 12:35 | Report Abuse

QR is better than my expectation... However, cash position turned from +182mil to -37mil. Interest income will go down while interest expense is expected to rise...

Posted by snowball2000 > 2022-08-26 12:35 | Report Abuse

There may be impact on the company's ability to take on big project as well...

Posted by investortrader88 > 2022-09-26 20:31 | Report Abuse

https://www.theedgemarkets.com/article/favelle-favco-bags-six-contracts-worth-rm1308-mil

Posted by ming > 2022-09-27 15:49 | Report Abuse

awating Europe wind farm contracts~

Posted by ming > 2023-05-25 18:48 | Report Abuse

Prospect tone dah change~

Posted by nassay84 > 2023-06-26 12:44 | Report Abuse

AGM today...Any good news?

Posted by Tanleechoo > 2023-11-03 11:33 | Report Abuse

👍

Posted by Tanleechoo > 2023-11-21 10:05 | Report Abuse

Latest QR Any time ..

Posted by Tanleechoo > 2023-12-20 13:15 | Report Abuse

Look like not many contracts they win this year ?

Posted by Tanleechoo > 2023-12-21 15:10 | Report Abuse

💤 sleeping again
😴

Posted by ming > 2024-02-26 19:09 | Report Abuse

Net profit 21mil include impairment.

If exclude all the one off items, core net profit should be 41m !!!

Posted by ValueMaker > 2024-05-15 09:31 | Report Abuse

U.s imposed 25% tariff on China made crane~ good for Favco.

Ship-to-Shore Cranes

The tariff rate on ship-to-shore cranes will increase from 0% to 25% in 2024.

Posted by Jack737 > 2024-06-08 07:52 | Report Abuse

Final dividend 9 cent waiting for AGM approval . Expecting to be paid in SEP.

Posted by DickyMe > 2024-06-14 15:44 | Report Abuse

RM 1.70 coming soon!

Posted by ming > 2 weeks ago | Report Abuse

FAVCO 24Q3 result:
If exclude the one off items (eg: forex, allowances, derivatives & etc), core PBT stood as:

24Q3: 27.231m
24Q2: 14.863m
24Q1: 14.686m

23Q4: 50.988m
23Q3: 22.040m
23Q2: 7.088m
23Q1: 9.994m


Forex loss of RM 27m in Q3 due to rapid strengthening of MYR.

Good thing is bulk of this still remain unrealised loss as yet to convert back to Ringgit.

Ringgit start weaken significantly since early Q4

Posted by ming > 2 weeks ago | Report Abuse

Q4 will much better as profit should add back the unrealize forex part follow with the weaken of Ringgit

Posted by speakup > 2 weeks ago | Report Abuse

Ini kalilah dah jadi Lain Kalilah

Posted by ValueMaker > 2 weeks ago | Report Abuse

Favco result Ok la~ 9 months tax paid around 17.6m

Base on 30% tax rate, the actual earning before tax should around 58.9m~ close with reported PBT 35.6m + forex loss of 24.8m

Unrealised loss eh~ Next quarter will add back!

Posted by ValueMaker > 2 weeks ago | Report Abuse

FAVCO’s result Comparison between 9m24 vs 9m23:

Revenue: 569.4m vs 459.4m (+24%)
PBT: 35.6m vs 53.9m (-34%)
Core PBT: 56.8m vs 39.1m (+45%)
Tax pay: 17.7m vs 14.0m (+26%)

**core PBT refer to PBT exclude all one off items

Improving or terbalik? Clearly for judge !!!