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

Survivor13

704 posts

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

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

Posted by investortrader88 > 2022-05-06 09:09 | Report Abuse

Congrats guys after waiting finally it fly !

Junqi

154 posts

Posted by Junqi > 2022-05-06 09:18 | Report Abuse

Better sell and run before the company puts up a correction to 8.5cts.In Malaysia anything is possible. Haha

nhbeen

95 posts

Posted by nhbeen > 2022-05-06 09:39 | Report Abuse

85 cents dividend is correct as the company is sitting on pile of cash.

speakup

18,866 posts

Posted by speakup > 2022-05-06 09:44 | Report Abuse

net cash (less liabilities) is rm186mil, shares issued is 231mil
means favco will be a slighly net debt company after this dividend.

speakup

18,866 posts

Posted by speakup > 2022-05-06 09:46 | Report Abuse

no wonder muhibah & CEO Mac has been aggressively buying favco shares past few months, even though muhibbah not doing well. it all makes perfect sense now.

speakup

18,866 posts

Posted by speakup > 2022-05-06 09:49 | Report Abuse

Muhibah moving money from son Favco to parent.
Was wondering why Muhibah then in the midst of a rights issue, still spending so much money to buy favco.
now it is clear.

Faiza

462 posts

Posted by Faiza > 2022-05-06 10:23 | Report Abuse

mama needs dividend money

stockraider

29,920 posts

Posted by stockraider > 2022-05-06 10:37 | Report Abuse

The huge coming div payout of 85sen plus 8sen will enhance FAVCO ROE% significantly mah!

CharlesT

13,616 posts

Posted by CharlesT > 2022-05-06 11:47 | Report Abuse

One off lah

Favco is a side dish....muhibbah is the main dish

Posted by wallstreetrookie > 2022-05-06 13:06 | Report Abuse

Why always so many comments after a news has been out. Where you guys one month ago? Quietly buying

Posted by wallstreetrookie > 2022-05-06 13:08 | Report Abuse

No one mentioned about this stock one month ago. Now good news, come out and talk nonsense such as one-off gain, fake dividends.
This guy @Junqi sour grape.

Posted by wallstreetrookie > 2022-05-06 13:09 | Report Abuse

@Junqi beware of bad karma. Hope no one sold early because of this misinformation

Posted by wallstreetrookie > 2022-05-06 13:10 | Report Abuse

Maybank Investment Bank issued a HOLD rating on Favco in early 2022. Knew something is up about this stock. This is the textbook example of insider trading.

Posted by wallstreetrookie > 2022-05-06 13:12 | Report Abuse

A lot of people missed out especially KLSE screener traders. All crying about fake dividends. Haha

Posted by wallstreetrookie > 2022-05-06 13:16 | Report Abuse

Already said y'all will regret selling due to incoming dividends. Favco always give huge divs to compensate for the lack of growth.

Posted by loneranger3211 > 2022-05-06 13:27 | Report Abuse

today up 55 sen, another 30 sen to go?

gemfinder

6,813 posts

Posted by gemfinder > 2022-05-06 13:59 | Report Abuse

Beter sold off ma favco when got tis golden chance. In d end, favco oso got problem ma

Posted by tenghian > 2022-05-06 14:52 | Report Abuse

@loneranger3211
85sen is almost favco 4year total eps, 30sen is small gift for who want to buy the share and back to 4year ago, and take risk cash flow

Posted by wallstreetrookie > 2022-05-06 15:05 | Report Abuse

@gemfinder lost money in Hengyuan playing contra lol

Posted by wallstreetrookie > 2022-05-06 15:05 | Report Abuse

gemfinder you are the biggest gambler on i3. Buys at the top and sells at the bottom

Posted by wallstreetrookie > 2022-05-06 15:06 | Report Abuse

Lots of liars here, Favco will keep going up to match the div until the ex-dividend date. Then it will drop. Stop lying

Posted by 641003025255 > 2022-05-06 15:36 | Report Abuse

Next TP will above RM4 to match for the div

Posted by snowball2000 > 2022-05-06 15:44 | Report Abuse

In a market rout full of casulties, I m just happy to see that FAVCO is enjoying good return, be it in price appreciation or the eventual dividend payout. Whether you sell now or hold to receive dividend later, all shareholders are winners! FAVCO GO GO GO.... ;)

Posted by wallstreetrookie > 2022-05-06 16:23 | Report Abuse

Dividend arbitrage let's go

Posted by wallstreetrookie > 2022-05-06 16:38 | Report Abuse

Close RM3.30

Posted by wallstreetrookie > 2022-05-06 16:41 | Report Abuse

Next week RM3.4

Mabel

18,023 posts

Posted by Mabel > 2022-05-06 20:19 | Report Abuse

Wah this is really good...

Posted by wallstreetrookie > 2022-05-06 20:51 | Report Abuse

Double good news.

Posted by wallstreetrookie > 2022-05-06 20:51 | Report Abuse

These local institutions trading on insider info again. Criminal actions

Posted by wallstreetrookie > 2022-05-06 20:52 | Report Abuse

Bursa is one of the dirtiest equities market in the world. No wonder SC chairman stepped down. Foreign investors continue to short sell Ringgit

Posted by wallstreetrookie > 2022-05-06 20:53 | Report Abuse

Didn't receive market color from my broker, but I know that Favelle Favco management is greedy and will give themselves high dividend each quarter so I bought a lot a few months ago.

gohkimhock

2,537 posts

Posted by gohkimhock > 2022-05-06 21:29 | Report Abuse

If every year is like this then this counter deserves a rerating. If not, better don't get yourself stucked high. One tsunami comes, you will become a bagholder..

Posted by NatsukoMishima > 2022-05-07 20:51 | Report Abuse

Like cantonese people always says " where got such huge toad waiting for catching on the street " ?? Use your brain to think twice before staying in VIP room permanently !

Posted by The_JQuestion > 2022-05-07 21:32 | Report Abuse

HEHHEE interesting move... good for muhibbah good goodd go go long term gem

henry888

2,016 posts

Posted by henry888 > 2022-05-08 08:01 | Report Abuse

With 85 cents dividend given, i think is no harm to shareholders/ppl albeit the fears of some ppl this is a trap. In any way, this is a good company with results proven and dividends given extracted from the past records. Furthermore, is money given to shareholders and not unscrupulously channeled to other sources of unprofitable investment. Note : my opinions only.

Posted by MYthenightmare > 2022-05-09 17:33 |

Post removed.Why?

henry888

2,016 posts

Posted by henry888 > 2022-05-09 21:39 | Report Abuse

Sure no money buy talk rubbish or a short seller on reverse talk ???

Posted by wallstreetrookie > 2022-05-10 12:25 | Report Abuse

They are keyboard warriors, sour grapes who missed out on dividends

Posted by wallstreetrookie > 2022-05-10 12:25 | Report Abuse

Where were they before the dividend announcements?

Posted by wallstreetrookie > 2022-05-10 12:26 | Report Abuse

Before the dividend announcement, this forum only has 3-5 comments every week. After the 85 cent dividend, everyone, uncle and auntie from Facebook came to comment here. Simple, because they missed out.

Posted by 641003025255 > 2022-05-10 13:16 | Report Abuse

Buy-buy not to late. this counter will move further high

henry888

2,016 posts

Posted by henry888 > 2022-05-10 13:25 | Report Abuse

That type of people is just like up afraid of fox, down also afraid of tiger, best keep in Bank or no bullets already. Of course there must be loser depends on your entry point and targets of operator.

Posted by jeremy961102 > 2022-05-10 19:00 | Report Abuse

Favco can go higher ?
https://youtu.be/3TCcpXPIkkQ

Posted by richardsharing > 2022-05-10 19:04 | Report Abuse

if many ppl buy, price will down. if no ppl buy, price will up lo...

Posted by snowball2000 > 2022-05-11 10:24 | Report Abuse

In my view, I think FAVCO is a good company with solid business. I was a shareholder. However, after 85 sen is distributed, it will effectively become a company which is without surplus cash (after balance cash is netted against borrowings). However, given its track record of past performance, it should not have problem obtaining financing from banks. Would like to hear from anyone with a different view. Please enlighten. TQ.

stockraider

29,920 posts

Posted by stockraider > 2022-05-11 10:31 | Report Abuse

How can u lose when u can get back 93 sen div in this share leh ?

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