FAVELLE FAVCO BHD

KLSE (MYR): FAVCO (7229)

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Last Price

1.84

Today's Change

-0.02 (1.08%)

Day's Change

1.84 - 1.86

Trading Volume

84,000


6 people like this.

1,149 comment(s). Last comment by DickyMe 2024-06-14 15:44

Posted by investortrader88 > 2021-11-05 10:31 | Report Abuse

Managed to get some tickets at RM 2.28 from my queue.good luck guys

Posted by MakeitGrow > 2021-12-23 16:28 | Report Abuse

From the historical data, 4Q normally is the best performance Q for this company.

Posted by MakeitGrow > 2021-12-23 16:44 | Report Abuse

Up to 3Q 2021, EPS was 15.97 (FY 2020 was 19.94). 4Q 2020 EPS was 9.40, I expected 4Q performance this year will be better considered more project secured from bullish oil price. If there is the case, FY2021 EPS will be increased and we can expect better dividend yield.

Posted by wallstreetrookie > 2022-02-14 21:01 | Report Abuse

Maybank Investment Bank - Favelle Favco - HOLD rating

Tobby

7,397 posts

Posted by Tobby > 2022-02-14 21:06 | Report Abuse

To me, the only oil stocks that i am willing to risk are Hibiscus, Favco, Hengyuan and Petron! However, i don't have Petron which is a huge mistake on my part! The rest not worth it! Dayang, Serba, Knm, Saprng totally out of my radar!

Posted by wallstreetrookie > 2022-02-14 21:15 | Report Abuse

Favco is not an oil stock. What are you talking about?

Posted by wallstreetrookie > 2022-02-18 15:52 | Report Abuse

Buy more

Posted by wallstreetrookie > 2022-02-18 16:21 | Report Abuse

Amazing earnings guidance from Favelle Favco based on the last AGM. Put this stock in your watchlist, and slap that ask every time this stock goes red

Tobby

7,397 posts

Posted by Tobby > 2022-02-18 17:48 | Report Abuse

Favco is not directly involve in oil industry! But quite good in downstream oil and gas! Slow and steady!

Posted by wallstreetrookie > 2022-02-21 15:09 | Report Abuse

Favelle Favco Berhad to report quarterly earnings.

For this quarter, we have set a rather high expectation for this company based on earnings guidance in previous AGM.
Our EPS estimate is 7.0

Posted by wallstreetrookie > 2022-02-21 15:13 | Report Abuse

Maybank says HOLD

You buy

Posted by wallstreetrookie > 2022-02-21 15:13 | Report Abuse

This is the rule of the game.

Posted by wallstreetrookie > 2022-02-23 14:30 | Report Abuse

Not enough liquidity to buy. RIP

Posted by wallstreetrookie > 2022-02-25 11:53 | Report Abuse

Weekend is the best

Posted by wallstreetrookie > 2022-02-25 14:32 | Report Abuse

MIDF Amanah price target: RM2.70

Posted by wallstreetrookie > 2022-03-04 14:31 | Report Abuse

ESOS another share dilution. Why can?t Malaysian companies be investor friendly for once? No wonder foreign funds only trade but not invest in Malaysians equities

Posted by wallstreetrookie > 2022-03-11 15:22 | Report Abuse

Sweet dividends incoming

Posted by wallstreetrookie > 2022-03-11 15:23 | Report Abuse

Still trading below book value. Don't miss out guys

Posted by wallstreetrookie > 2022-03-15 08:47 | Report Abuse

Let's go

Posted by gcnleonard > 2022-05-05 18:50 | Report Abuse

Favco 85sen dividend?

ykloh

518 posts

Posted by ykloh > 2022-05-05 19:06 | Report Abuse

Fav has cash of about 280mln, which will be fully used up for this dividend.

soon9913

2,820 posts

Posted by soon9913 > 2022-05-05 19:12 | Report Abuse

likely is a typo lo. should be 8.5 cents gua

soon9913

2,820 posts

Posted by soon9913 > 2022-05-05 19:12 | Report Abuse

is not possible to use all cash to pay dividend lo. high gearing

ykloh

518 posts

Posted by ykloh > 2022-05-05 19:20 | Report Abuse

No borrowing for the dividend.

Posted by Hew Kiong Peng George > 2022-05-05 19:44 | Report Abuse

If really 85sen dividend then MUHIBAH is the most benefit one.

Posted by NatsukoMishima > 2022-05-05 21:49 | Report Abuse

I will Never never touch this kind of company , u never know what the insider going to do , 85 sen div which is higher than Maybank and TNB ,really not tally with their eps !!

whpang

66 posts

Posted by whpang > 2022-05-05 21:53 | Report Abuse

I think is 8.5 sen, typo error maybe.
Just making a guess.

Posted by wallstreetrookie > 2022-05-05 23:39 | Report Abuse

Holy crap

Posted by wallstreetrookie > 2022-05-05 23:41 | Report Abuse

Company hands out dividends and y'all still angry about it.

Posted by wallstreetrookie > 2022-05-05 23:41 | Report Abuse

This is SOP for Favelle Favco. They always do high dividend payouts to compensate for no capital gains

ykloh

518 posts

Posted by ykloh > 2022-05-05 23:45 | Report Abuse

In the Notice Of AGM to be held in June, there is an item on the payment of final dividend of 8 sens for FY2021.
The just announced 85 sens dividend is First Interim Dividend of FY2022. That means 2 dividends are pending.

henry888

2,247 posts

Posted by henry888 > 2022-05-06 07:11 | Report Abuse

Apparently typing error. How could be the dividend for the financial year ending 31st December, 2022 ????

henry888

2,247 posts

Posted by henry888 > 2022-05-06 07:12 | Report Abuse

If 85 sens, probably would limit up 2 times

gemfinder

6,880 posts

Posted by gemfinder > 2022-05-06 07:59 |

Post removed.Why?

henry888

2,247 posts

Posted by henry888 > 2022-05-06 08:23 | Report Abuse

Couldn't be, you know 85 sen is how much Favco needed to pay out for Nosh 232 million shares????

Posted by snowball2000 > 2022-05-06 08:31 | Report Abuse

85sen? I thought 8.5sen is more like it. This is simply nuts...

Posted by snowball2000 > 2022-05-06 08:32 | Report Abuse

Given the cash they have, they can only afford it if they do not have pending corp exercise..

Posted by snowball2000 > 2022-05-06 08:32 | Report Abuse

Something is cooking...

Posted by snowball2000 > 2022-05-06 08:33 | Report Abuse

As a shareholder, Icertainly don't mind receiving tonnes of cash.. FAVCO on the go...

Posted by snowball2000 > 2022-05-06 08:35 | Report Abuse

Typo is unlikely as the co sec has to double/triple check before announcements are released. If they failed to notice the mistake, they ought to be sacked!

Posted by snowball2000 > 2022-05-06 08:37 | Report Abuse

In a time of hyper-inflation, cash in our own pocket is good as we know how best to deploy it. Having said that, this is only true if the company is loaded with too much cash and has no better use for it.

Survivor13

710 posts

Posted by Survivor13 > 2022-05-06 08:48 | Report Abuse

The first inerim already published at bursa portal, should be real and correct. https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3257323

Survivor13

710 posts

Posted by Survivor13 > 2022-05-06 08:49 | Report Abuse

Limit up.

henry888

2,247 posts

Posted by henry888 > 2022-05-06 08:56 | Report Abuse

If you said correct, why dividend in respect of financial year ending 31st December, "2022"??? 2022???

yong1985cm

215 posts

Posted by yong1985cm > 2022-05-06 08:56 | Report Abuse

yes Muhibbah owned favelle abouot 60%, so it is up to the major shareholder to decide on how much dividend favelle to declare.

Posted by wallstreetrookie > 2022-05-06 09:00 | Report Abuse

Maybank says HOLD two months ago. Now the price is up huge

Posted by wallstreetrookie > 2022-05-06 09:02 | Report Abuse

Limit

Survivor13

710 posts

Posted by Survivor13 > 2022-05-06 09:08 | Report Abuse

@henry888. It was 1st interim of year 2022.

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