Posted by hng33 > 2015-05-21 11:21 | Report Abuse

If favco upcoming result is good, record more than 10 sen eps, and declare 12 sen dividend soon, then it should trade above RM 3

Posted by SpaceNeedle > 2015-05-21 13:45 | Report Abuse

No order since Oct '14 until Feb '15, the RM85m is only for Mar '15 till today, so it is 8 months long.

Posted by hng33 > 2015-05-21 17:09 | Report Abuse

Order for shipping crane is correlate closely with oil and gas capes ability, last year end and beginning of these year is when Brent crude oil tumble to below USD 50, almost near to their cost production, most oil and gas company in limbo, freeze capes condition, but since then, Brent crude oil alrdy rebounded to above USD 65, and many of these oil and gas company will resume their caped despite at lower budget in order to keep on oil production.

Posted by SpaceNeedle > 2015-05-21 17:46 | Report Abuse

Per you mentioned it has orderbook of > 1b, when this was announced and where can we refer to?

Posted by hng33 > 2015-05-21 19:00 | Report Abuse

Please refer to Favco previous Q4 financial result, get impress for its strong balance sheet, in net cash position and under its comment future, management indicate clearly that it's have outstanding order book of more than RM 1 billion and expect to gradually recognize it into profit onwards.

Posted by SpaceNeedle > 2015-05-22 13:48 | Report Abuse

Thanks for your info, wish it continues to be awarded more contracts going forward.

Posted by yktay1 > 2015-05-25 19:46 | Report Abuse

excellent set of 1Q results

Posted by davors > 2015-05-25 20:30 | Report Abuse

improved profit margin is good news as always~

Posted by 2721 > 2015-05-25 20:38 | Report Abuse

wohoo~

Posted by hng33 > 2015-05-25 20:51 | Report Abuse

Despite slow in receing new order, favco outstanding still remain very high at RM 968m as today date 25 May.

Posted by hng33 > 2015-05-25 21:32 | Report Abuse

Annualized eps 42sen, pe 6.6x, if net off its net cash positon over its current share prce, valuation even more attractive at pe of just 4.8x.

Posted by hng33 > 2015-05-25 21:33 | Report Abuse

Investor can expect 12 sen net dividend soon, should be declared early next month, translate into attractive 4.3% yield

Posted by hng33 > 2015-05-26 10:31 | Report Abuse

Bought more favco at 2.82 - 2.86

Posted by stanteo71 > 2015-05-26 19:36 | Report Abuse

Excellent result for 1Q. Bought some at 2.81 today.

Posted by Superb99 > 2015-05-28 11:58 | Report Abuse

hng33, you are here, ya it is a good stock

Posted by hng33 > 2015-05-28 19:38 | Report Abuse

Favco just declare 12sen dividend

Posted by 2721 > 2015-05-28 20:09 | Report Abuse

but ex date is far away compare to previous years ==

Posted by Superb99 > 2015-05-29 10:07 | Report Abuse

market sentiment is poor so unable to push it up even with good news...

Posted by 0192 > 2015-05-29 10:39 | Report Abuse

throw loh. Index free fall to 1600 soon or might less

Posted by SpaceNeedle > 2015-05-29 22:10 | Report Abuse

Good news is for financial result that passed, worrisome business prospect ahead as most of the o&g companies reduce capex.

Posted by gungho92 > 2015-06-03 00:19 | Report Abuse

my experience is that companies that give out ESOS will have big fluctuation/speculation in share price. although Favco is a good earning company, but i dislike companies that reward their employees with ESOS. imagine if an employee can buy off market at 0.80 and sell it in open market to make a quick buck, not only i causes dilution, they can sell down at any price as long they are making gains. u can see greedy companies that reward themselves with ESOS all the time.

Exercise price of ESOS: 0.80 , 1.57, 2.50, 3.05.
Expiry date: 27/9/2016

Posted by Superb99 > 2015-06-03 09:54 | Report Abuse

dropping...no uptrend sign

Posted by hng33 > 2015-06-03 10:32 | Report Abuse

Bought more Favco at 2.75

Posted by Superb99 > 2015-06-04 14:41 | Report Abuse

slow...

Posted by contemplator > 2015-06-04 16:34 | Report Abuse

Gungho92, i agree with you. Voracious ESOS is devil in nature, although i must say this company have some good competitive features.

Honest-to-god act is to grow and share together with shareholders (partners) but not undermining their wallet.

Posted by promaxsam > 2015-06-06 19:08 | Report Abuse

keep more for 12cents dividen ex. date 1/9 , eps 45cents , pe only 6 , undervalue...

Posted by Superb99 > 2015-06-10 11:57 | Report Abuse

still lower than 2.8, so difficult for good company to grow its price???

Posted by hng33 > 2015-06-15 12:33 | Report Abuse

I have gradually sold down Favco since last week and today, realize small profit, free up more capital to transfer back to Puncak

Posted by Superb99 > 2015-06-23 10:12 | Report Abuse

zzz...

Posted by regnig > 2015-07-21 15:19 | Report Abuse

Agreed. This is a good fundamental stock but just zzz....

Posted by blackdove > 2015-09-16 00:36 | Report Abuse

Gambate!!!! Gambate!!!!

Posted by DreamGladiator > 2015-09-16 00:46 | Report Abuse

Can play ah, this one

Posted by blackdove > 2015-09-18 10:50 | Report Abuse

Gambate!!!! Gambate!!!!Gambate!!!! Gambate!!!!

Posted by blackdove > 2015-09-21 09:45 | Report Abuse

Gambate!!!! Gambate!!!!Gambate!!!! Gambate!!!!Gambate!!!! Gambate!!!!Gambate!!!! Gambate!!!!

Posted by paperplane2 > 2015-09-25 01:44 | Report Abuse

Mind share your view here OTB?

Posted by paperplane2 > 2015-09-25 08:18 | Report Abuse

the result is good, FA also good. Just sentiment not good. For me I think it can be hold. When sentiment turnaround, it will be good.

Posted by Ooi Teik Bee > 2015-09-25 08:22 |

Post removed.Why?

Posted by blackdove > 2015-09-25 11:10 | Report Abuse

MY personal opinion, may be wrong :
Muhibah got big order from Rapid, Muhibah is one of the counter not affected by current situation,
Favco 80% income from O&G, Facvo is child company of Muhibah, thus Muhibah will use Favco Crane.
Thus Favco O&G downfall can be covered(but don't know how many %) by Muhibah's rapid job.
Any way, I not sure if Muhibah Rapid job need crane or not ??? :)

Posted by blackdove > 2015-10-09 10:08 | Report Abuse

Gambate!!!! Gambate!!!!Gambate!!!! Gambate!!!!Gambate!!!! Gambate!!!!Gambate!!!! Gambate!!!!

Posted by harvestent > 2015-10-10 12:01 | Report Abuse

engine started, all fasten sit belt !

Posted by GODinvest > 2015-10-12 13:11 | Report Abuse

Muhibah Muhibah !!!

Posted by 2721 > 2015-11-24 20:12 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4929109

Posted by 2721 > 2015-11-24 20:13 | Report Abuse

nice quarter result =)

Posted by talkcockbotakchek888 > 2015-11-24 20:30 | Report Abuse

For the current quarter ended 30 September 2015, the Group recorded revenue of RM571.6 million with profit before tax of RM97.0 million as compared with revenue of RM585.2 million with profit before tax of RM83.8 million in the preceding quarter ended 30 September 2014. The increase in profit before tax for the Group was mainly due to

(1) write back of provision for receivables after recovery of debts amounting to RM12m and
(2) revalued foreign exchange gain on US Dollar currency deposits amounting to RM25m.

Posted by 2721 > 2015-11-24 21:04 | Report Abuse

how u get the info? self study?

Posted by master_tan > 2015-11-25 15:51 | Report Abuse

I think the most important thing is this company earn USD. Hidden GEM that earn USD.

foreign exchange gain on US Dollar currency deposits amounting to RM25m.

Posted by master_tan > 2015-11-25 15:51 | Report Abuse

As long as RM stay above RM4.xx, then this company stock price should go above RM3.00

Posted by master_tan > 2015-11-25 15:53 | Report Abuse

If we compare Canone EPS vs Favco, they are almost the same, but Canone has ride aboe RM4.xx already from RM2.xx......

I think Favco engine has ignited and today is just beginning.......

Posted by GODinvest > 2015-11-25 16:35 | Report Abuse

Gain usd good

Posted by 2721 > 2015-11-25 18:20 | Report Abuse

Now i know y they giv generous dividend earlier cos they earn usd haha..hope more dividend nex yr