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.

Posted by stteck > 2020-07-11 17:14 | 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?

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

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

SHARE BUY BACK ?

Posted by Patrick13 > 2020-08-01 16:24 | Report Abuse

Top up at 2.21.

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

is a gem!

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

bought favco at 2.03-2.05

Posted by XiuyyXiong > 2020-08-11 15:16 | Report Abuse

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

Posted by XiuyyXiong > 2020-08-11 15:45 | Report Abuse

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

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

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

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

Posted by XiuyyXiong > 2020-08-12 10:46 | Report Abuse

Kindly wait for our official announcement soon expected by this week.

​

Best regards,
Michael Chan
Senior Finance and Investor Relations Manager
Tel: (DL) + 603 3376 2530 (HP) +6016 3116 929

Posted by hng33 > 2020-08-12 14:09 | 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

Posted by value_invest > 2020-08-13 13:57 | Report Abuse

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

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.

Posted by stockraider > 2020-08-14 20:23 | 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.

Posted by cjm5555 > 2020-08-19 18:09 | Report Abuse

Heheheh, what if not approved :P

Posted by gohku > 2020-08-20 12:36 | 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.

Posted by Johnmajor > 2020-08-23 16:53 | Report Abuse

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

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.

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

Look like the price going down trend...

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.

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

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

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

Slowly up, steady

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

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

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

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

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.

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

the dividend yield is 7 percent.

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

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.

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

Waiting for the right price to buy...

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

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

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

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

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

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

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

sold favco at 2.28-2.30

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

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

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

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

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

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

Posted by cccthierry > 2020-09-23 21:04 | Report Abuse

https://www.theedgemarkets.com/article/favelle-favco-clinches-purchase-orders-totalling-rm561m

Posted by cccthierry > 2020-09-24 09:39 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/09/24/favelle-bags-three-contracts

Posted by cccthierry > 2020-09-24 11:26 | Report Abuse

https://www.theedgemarkets.com/article/steady-crane-orders-sustain-favelle-favco-earnings-%E2%80%94-midf-research

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

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

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?

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.

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

Thank you!

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

What is the right price can buy?

Posted by invest4tomoro > 2020-11-09 17:43 | Report Abuse

15 sen dividen coming ... ex date 12 Nov 2020