subsidiary of muhibbah engineering '-Last 5 years EPS on decreasing trend, decreased by 64.6% over last 5 years, PE ratio is at 10, ROE 8%, and dividend yield 5.47%
Favelle Favco units secure six crane supply jobs worth RM61.1 mil
KUALA LUMPUR (Feb 20): Favelle Favco Bhd’s units have secured six contracts to supply tower cranes and offshore cranes to various clients for a cumulative sum of RM61.1 million.
Its units Favelle Favco Cranes Pty Ltd, Favelle Favco Cranes (USA), Inc and Favelle Favco Cranes (M) Sdn Bhd received the purchase orders or letter of intent for the contracts between November 2018 and today.
There are four contracts for the supply of tower cranes. One is expected to be delivered by the first quarter of 2019, while two are to be delivered by the second quarter; the fourth is scheduled for third quarter delivery.
There are two contracts for the supply of offshore cranes, and both are expected to be delivered by end-2019.
The contracts are expected to contribute positively to the earnings and net assets of the company for the financial year ending Dec, 31 2019 and beyond, it said.
Favelle Favco closed five sen or 2% higher at RM2.55, for a market value of RM564.11 million.
"For the six months ended 31 December 2018, Intelligent Automation Group contributed revenue of RM73.0 million and profit before tax of RM21.2 million to the Group's results."
Posted by Fabien Extraordinaire > Feb 27, 2019 09:23 AM | Report Abuse
"For the six months ended 31 December 2018, Intelligent Automation Group contributed revenue of RM73.0 million and profit before tax of RM21.2 million to the Group's results."
recovery of o&g industry which requires product of Favco will safeguard growth trajetory of Favco. I will add more but will control not to increase my average holding cost too much.
Favco announced 2nd secured contracts worth 78.3 mil. YTD new contracts are 139.4 mil, equal to 24.8% replenish rate based on FY2018 year end outstanding order books of 563 mil.
Day 79 of Fundamental Daily, YAPSS will be covering Favelle Favco Berhad's fundamental via a short animated video. I hope it helps and please enjoy the video, see ya! #YAPSS #FundamentalDaily #FavelleFavcoBerhad
Favelle Favco Bhd has bagged nine supply contracts worth a total of RM77.2 million.
The group announced in a stock exchange filing today that the contracts are for the supply of tower cranes, offshore cranes, programmatic logic controller system, as well as hardware upgrading.
The contracts were awarded to its wholly-owned Favelle Favco Cranes Pty Ltd, Favelle Favco Cranes (M) Sdn Bhd, Favelle Favco Cranes Pte Ltd and Exact Automation Sdn Bhd.
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 2948 views | 2 d ago
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New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
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Posted by James Ng > 2019-01-27 20:37 | Report Abuse
https://klse.i3investor.com/blogs/general/191566.jsp
[转贴] [FAVELLE FAVCO BHD:获得约5.15亿令吉的订单,辉高亦将增加塔式起重机租赁车队,以提高全球租金收入] - James的股票投资James Share Investing