FAVELLE FAVCO BHD

KLSE (MYR): FAVCO (7229)

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Last Price

1.75

Today's Change

+0.01 (0.57%)

Day's Change

1.74 - 1.75

Trading Volume

55,800


6 people like this.

1,138 comment(s). Last comment by snowball2000 2 weeks ago

Hoo SH

38 posts

Posted by Hoo SH > 2020-07-08 12:08 | Report Abuse

KK ..if u dont know, pls dont put useless word ,helpless to contribute here...

Hoo SH

38 posts

Posted by Hoo SH > 2020-07-08 12:10 | Report Abuse

CJM ...the 15 c of dividend is expected on July-Aug...the AGM is predicted on Aug or Sep...waiting the 15 c within a month...

Posted by CatchThe Bull > 2020-07-11 13:06 | Report Abuse

Low volume but steady counter.

stteck

750 posts

Posted by stteck > 2020-09-07 20:52 | Report Abuse

The company, Marr Contracting, used the Favelle Favco tower crane earlier this month to undertake the 155-tonne lift – claimed to be the world’s heaviest tower crane lift – at a height of 318 metres for the towers of the 1915 Çanakkale Bridge, under construction in Turkey.

Posted by CatchThe Bull > 2020-07-14 10:08 | Report Abuse

@stteck, where is the source of this news?

stteck

750 posts

Posted by stteck > 2020-07-15 20:55 | Report Abuse

record-lift-takes-place-on-record-breaking-bridge

@the bull, please google the above to enter the webpage

XiuyyXiong

134 posts

Posted by XiuyyXiong > 2020-07-30 14:25 | Report Abuse

SHARE BUY BACK ?

Johnmajor

252 posts

Posted by Johnmajor > 2020-08-06 17:41 | Report Abuse

is a gem!

hng33

18,311 posts

Posted by hng33 > 2020-08-11 12:28 | Report Abuse

bought favco at 2.03-2.05

XiuyyXiong

134 posts

Posted by XiuyyXiong > 2020-08-28 21:06 | Report Abuse

Sold all 2.05. unable to wait dividend..Lol. lost

XiuyyXiong

134 posts

Posted by XiuyyXiong > 2020-08-11 15:42 | Report Abuse

Noticed huge selling volume at 2.10 price. 100k units plus. 2 traders... Good luck. Will come back when div announced. Lol.

hng33

18,311 posts

Posted by hng33 > 2020-08-11 17:09 | Report Abuse

Favco is expect to declare dividend 15sen within these week, dividend yield > 7%

XiuyyXiong

134 posts

Posted by XiuyyXiong > 2020-08-12 10:44 | Report Abuse

OK. I also emailed them and they reply will announce this week. Good luck guys

hng33

18,311 posts

Posted by hng33 > 2020-08-13 14:40 | Report Abuse

Favco will announce notice of AGM and dividend entitlement date today as AGM is scheduled by 10 of Sept, notice must announce 3 week before excluding weekend

value_invest

1,133 posts

Posted by value_invest > 2021-10-13 18:37 | Report Abuse

Hng33
When is the expected ex date for the dividend Rm 0.15 ?

hng33

18,311 posts

Posted by hng33 > 2020-08-14 18:48 | Report Abuse

I just notice current FD rate is just 1.6%. Favco dividend 15sen, yield at 7.3% is just too attractive return for company with net cash position. I expect Favco will announce entitlement date of dividend 15sen as soon it secure AGM approval from shareholder on 10 Sept.

stockraider

29,920 posts

Posted by stockraider > 2020-08-20 14:44 | Report Abuse

Correct mah

Dividend so high, just buy lah....!!

Posted by hng33 > Aug 14, 2020 6:48 PM | Report Abuse

I just notice current FD rate is just 1.6%. Favco dividend 15sen, yield at 7.3% is just too attractive return for company with net cash position. I expect Favco will announce entitlement date of dividend 15sen as soon it secure AGM approval from shareholder on 10 Sept.

cjm5555

107 posts

Posted by cjm5555 > 2020-08-20 20:44 | Report Abuse

Heheheh, what if not approved :P

gohku

368 posts

Posted by gohku > 2020-08-20 16:19 | Report Abuse

This is a very resilience company, very low risk the dividend will be rejected, furthermore it has high net cash and the owner will also benefit from the high dividend payout.

Should buy to diversify your fixed deposits which have low yield.

Johnmajor

252 posts

Posted by Johnmajor > 2020-08-25 22:31 | Report Abuse

Favco is worth at least RM2.80. But now with 40% upside plus minimum 5% dividend. Is a gem!

XiuyyXiong

134 posts

Posted by XiuyyXiong > 2020-08-24 11:37 | Report Abuse

Maybe got dividend but less. RM0.06. after that favco will activate share buy back to stabilise the price. Good luck guys.

tcperng22

13 posts

Posted by tcperng22 > 2020-08-26 15:42 | Report Abuse

Look like the price going down trend...

XiuyyXiong

134 posts

Posted by XiuyyXiong > 2020-08-27 09:47 | Report Abuse

If the big seller que the price at higher than 2.10. only the price will go up.

XiuyyXiong

134 posts

Posted by XiuyyXiong > 2020-09-02 15:23 | Report Abuse

good news coming ? slowly up. time to reenter this stock.

cjm5555

107 posts

Posted by cjm5555 > 2020-09-02 17:10 | Report Abuse

Slowly up, steady

hng33

18,311 posts

Posted by hng33 > 2020-09-08 16:36 | Report Abuse

AGM coming, date of dividend 15sen entitlement will be announce soon

XiuyyXiong

134 posts

Posted by XiuyyXiong > 2020-09-10 18:27 | Report Abuse

APPROVED rm0.15 dividend ! and activated shares buy back ! better invest here.

Jarklp

169 posts

Posted by Jarklp > 2020-09-10 20:42 | Report Abuse

Can't understand why they have to wait till Nov .... #&$^%^$. They paid dividend in July last year.

SureHuat

97 posts

Posted by SureHuat > 2020-09-10 21:30 | Report Abuse

the dividend yield is 7 percent.

cjm5555

107 posts

Posted by cjm5555 > 2020-09-11 09:29 | Report Abuse

I think dividend in Nov is because stakeholders need time to accumulate tickets, at the same time provide time for share buy back to reduce the cash needed for dividend payout.

As a supportive shareholder, I'll not spread this news widely or push up the price as the share buy back should be done at lowest price to benefit the most. Let all the company actions to be carried out silently. For investing, patience is virtue.

Disclaimer: No buy/sell call

cjm5555

107 posts

Posted by cjm5555 > 2020-09-11 09:34 | Report Abuse

Many shareholders like to fight with the company they are investing, declining the company's management actions and decisions. I don't like that happening here.

Dakewlest

1,616 posts

Posted by Dakewlest > 2020-09-11 09:56 | Report Abuse

Waiting for the right price to buy...

BabyAce

1,829 posts

Posted by BabyAce > 2020-09-11 17:24 | Report Abuse

This is one of the few reliable dividend counters in Bursa.

humongainz

882 posts

Posted by humongainz > 2020-09-12 16:19 | Report Abuse

for any rich aunties/unkers, this is what u want in ur portfolio

BabyAce

1,829 posts

Posted by BabyAce > 2020-09-12 19:02 | Report Abuse

Rich uncle aunty always think of BAT only lar...haha

hng33

18,311 posts

Posted by hng33 > 2020-09-15 15:35 | Report Abuse

sold favco at 2.28-2.30

humongainz

882 posts

Posted by humongainz > 2020-09-15 15:35 | Report Abuse

@hng33 this is dividend stock worr.. You need the funds?

XiuyyXiong

134 posts

Posted by XiuyyXiong > 2020-09-17 09:04 | Report Abuse

regret sold some too early. lol. buying back later.

tcperng22

13 posts

Posted by tcperng22 > 2020-09-18 01:17 | Report Abuse

Already get 2 x of deviden RM2.38 - RM 2.02... upfront get deviden RM0.36...Today sold all RM2.35 -RM2.38

cjm5555

107 posts

Posted by cjm5555 > 2020-09-18 15:18 | Report Abuse

I'll kept this in my fridge, never open again, just collect dividend from it. :P

BATFLY

722 posts

Posted by BATFLY > 2020-09-25 13:58 | Report Abuse

7%dividend plus fundamentally strong. But EPS seems deteriorating maybe due to MCO..

yapnewbie

25 posts

Posted by yapnewbie > 2020-10-21 23:05 | Report Abuse

Hi. Will the share drop immediately once collected the dividend? So have to hold first even after collect dividend?

XiuyyXiong

134 posts

Posted by XiuyyXiong > 2020-10-22 20:52 | Report Abuse

The share price will drop and favco will activates shares buy back. So keep some cash to buy in more later.

yapnewbie

25 posts

Posted by yapnewbie > 2020-10-23 18:39 | Report Abuse

Thank you!

lcs13579

106 posts

Posted by lcs13579 > 2020-10-31 01:52 | Report Abuse

What is the right price can buy?

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