MESB BHD

KLSE (MYR): MESB (7234)

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Last Price

0.47

Today's Change

-0.005 (1.05%)

Day's Change

0.46 - 0.475

Trading Volume

138,300


1 person likes this.

606 comment(s). Last comment by investorbat 2 months ago

navi

368 posts

Posted by navi > 2024-05-24 22:34 | Report Abuse

this stock sleep so long lo, can fly or not this round...low volume

navi

368 posts

Posted by navi > 2024-05-29 20:16 | Report Abuse

Nice quarter but price stagnant. Another 4 quarters same result better privatize the company with existing cash..

SincereStock

2,361 posts

Posted by SincereStock > 2024-05-30 09:09 | Report Abuse

bought a few at 0.495. pay attention to it's waste recycling growth. it is remarkable and contributing like 30% to it's EPS already

navi

368 posts

Posted by navi > 2024-05-30 10:16 | Report Abuse

wau sincerestock you are here. yes if can sustain the recycling for another 1 year already cash rich enough to privitize the business...

SincereStock

2,361 posts

Posted by SincereStock > 2024-05-30 11:37 | Report Abuse

@navi yes agree, many are still focusing on it's core apparels business, overlooked the significantly improved waste recycling ^_^ it is always important to read full QR to see where EPS comes from

SincereStock

2,361 posts

Posted by SincereStock > 2024-05-30 11:39 | Report Abuse

net cash company, 5/8 PB, improved EPS growth with new business. price consider a little lagging comparatively to improved fundamental.

SincereStock

2,361 posts

Posted by SincereStock > 2024-05-30 15:49 | Report Abuse

topped up a few more at 0.500 and 0.505

navi

368 posts

Posted by navi > 2024-05-30 17:36 | Report Abuse

@sincerestock, wau so confident. Today bad candle but it is now shariah complaint for all to buy. Need strong banker to come in and push.

SincereStock

2,361 posts

Posted by SincereStock > 2024-05-31 09:34 | Report Abuse

@navi I just noticed it turned syariah complaint, do you know where to get such 1st line information about syariah status changing? I checked bursa there are no related information / announcement regarding this

SincereStock

2,361 posts

Posted by SincereStock > 2024-05-31 09:35 | Report Abuse

by the way yes, my confident here is definitely quite high, barring any unforeseen circumstances especially market crash

SincereStock

2,361 posts

Posted by SincereStock > 2024-05-31 09:37 | Report Abuse

topping up more mesb at 0.505 today due to it turning into syariah complaint which made me very happy

SincereStock

2,361 posts

Posted by SincereStock > 2024-05-31 09:38 | Report Abuse

making it my 2nd highest holding in my portfolio now

navi

368 posts

Posted by navi > 2024-05-31 11:26 | Report Abuse

It is in the shariah advisory council of security commision website.
Good to hear your confidence, any expected TP? What is your biggest holding, syscorp?

MZM2511

4,549 posts

Posted by MZM2511 > 2024-05-31 11:33 | Report Abuse

Jus for dear friend SincereStock..
https://www.isaham.my/sector/new-shariah

SincereStock

2,361 posts

Posted by SincereStock > 2024-05-31 13:40 | Report Abuse

@navi thank you. too early to set final tp, but usually i will offload stage by stage in counters my stacks a bit larger, instead of offloading in 1 go. asiapac my biggest holding, sygroup just behind mesb as of now

@MZM2511 thank you

SincereStock

2,361 posts

Posted by SincereStock > 2024-05-31 13:42 | Report Abuse

@navi just can say that I probably will still keeping at least some until next QR, depends on situation, i rarely set fixed plan ahead and goes by feeling sometime

SincereStock

2,361 posts

Posted by SincereStock > 2024-05-31 13:44 | Report Abuse

hopefully the growth is to presist long term for longer term investing here, fundamental is just started to be improved so very vauge to set early TP, can say that I eager to see the future of this company especially it's waste recycling business, personally just love that business helping the environment as well. feeling very good here especially after it turned Syariah Compliant

SincereStock

2,361 posts

Posted by SincereStock > 2024-05-31 13:46 | Report Abuse

@navi you may like to refer to my playstyle in ORNA in similar situation of improved QR for the last 3 months, until it's bad QR reported ytd. you can go to that forum to see how I enter and exit. but of course situation here may end up differently. my current stacks at mesb is just very slightly more than orna

navi

368 posts

Posted by navi > 2024-05-31 17:56 | Report Abuse

best of luck to us then..

SincereStock

2,361 posts

Posted by SincereStock > 2024-06-01 13:25 | Report Abuse

best of luck to all of us here

navi

368 posts

Posted by navi > 2024-06-06 18:40 | Report Abuse

Today breakout and nice candle...finally no more needle

SincereStock

2,361 posts

Posted by SincereStock > 2024-06-07 09:04 | Report Abuse

sold a few at 0.58 (7 june 2024 9.00am). still got more than half left

SincereStock

2,361 posts

Posted by SincereStock > 2024-06-11 11:22 | Report Abuse

sold a few at 0.625 (11 june 2024 11.20am). still got more than half left

navi

368 posts

Posted by navi > 2024-06-11 11:50 | Report Abuse

grats, sold 10%, at resistance now on uptrend

SincereStock

2,361 posts

Posted by SincereStock > 2024-06-11 12:08 | Report Abuse

@navi grats too ^_^

investorbat

1,448 posts

Posted by investorbat > 2024-06-13 11:02 | Report Abuse

Hidden gem,net cash around 50mil/0.40,newly acquired waste recycling company made good profit.Guess next Q profits not less than 7mil.Might go up above 0.90 before end of august

investorbat

1,448 posts

Posted by investorbat > 2024-06-13 11:06 | Report Abuse

Sorry ,guess net Q profits not less than 5mil

navi

368 posts

Posted by navi > 2024-06-13 11:10 | Report Abuse

next Q maybe arounf 5m, with Raya sales from retail. However may be tough to fly due to no dividend...hopefully they can declare now since making money.

investorbat

1,448 posts

Posted by investorbat > 2024-06-13 11:39 | Report Abuse

Dont worry, either dividend or bonus issue coming.As long as the profits is rising,share price will rise also with the back of 50mil cash

SincereStock

2,361 posts

Posted by SincereStock > 2024-06-26 10:05 | Report Abuse

sold a few more at 0.620 to lock profit (26 june 2024, 10.01am), still got slight less than half left

SincereStock

2,361 posts

Posted by SincereStock > 2024-06-26 10:10 | Report Abuse

@investorbat the research you shared says resistance at 0.64 lol (technical stuff), as a shareholder here (still got stakes left) hope that happen too but I rather be doubtful with technical stuff and such researches.

preparing to top up back some if price falls to lower level

investorbat

1,448 posts

Posted by investorbat > 2024-06-26 10:13 | Report Abuse

Holding 50mil cash and made millions profits,can keep for next Q

investorbat

1,448 posts

Posted by investorbat > 2024-06-26 10:19 | Report Abuse

Almost 0.40 cash/share,hopes give 4 sen dividend next Q,then share price will shoot to 0.80,5% dividend yield

SincereStock

2,361 posts

Posted by SincereStock > 2024-06-26 14:32 | Report Abuse

cut queue sold a little more MESB at 0.635 (26 june 2024, 2.30PM open t-price), still got around 30% stakes left

investorbat

1,448 posts

Posted by investorbat > 2024-07-04 10:07 | Report Abuse

macam mau mari

navi

368 posts

Posted by navi > 2024-07-04 10:30 | Report Abuse

skb fly from 60 to 90++ cents today, can MESB fly same same now from 60++? hope so for a good quarter

investorbat

1,448 posts

Posted by investorbat > 2024-07-04 22:12 | Report Abuse

If high volume break out 0.64,next target 0.7,2017 high,then 0.80

investorbat

1,448 posts

Posted by investorbat > 2024-07-05 08:54 | Report Abuse

vacuum top to 0.7 which is 2017 high

investorbat

1,448 posts

Posted by investorbat > 2024-07-17 11:13 | Report Abuse

any below 0.6 just buy

speakup

27,014 posts

Posted by speakup > 2024-07-17 11:37 | Report Abuse

Boo chow

navi

368 posts

Posted by navi > 2024-07-17 13:30 | Report Abuse

Skb rm1 for sometime, this mesb drop for no reason. Only patience required. Boss need to learn from haily from 0.6 at 0.77 now with bonus issue.

SincereStock

2,361 posts

Posted by SincereStock > 2024-07-17 14:25 | Report Abuse

focusing on other counters 1st while still holding 30% of my remaining stakes here. will transfer some capital back here if given proper situation

investorbat

1,448 posts

Posted by investorbat > 2024-07-18 13:07 | Report Abuse

buaya sudah masuk dari 0.58

SincereStock

2,361 posts

Posted by SincereStock > 2024-07-18 15:04 | Report Abuse

@investorbat kalau ada mostly dari 0.585 & 0.590. 0.580 kurang volume

SincereStock

2,361 posts

Posted by SincereStock > 2024-08-05 12:25 | Report Abuse

topped up a few MESB at 0.540 (05 august 2024, 12.21pm)

SincereStock

2,361 posts

Posted by SincereStock > 2024-08-08 15:33 | Report Abuse

topped up a few more MESB at 0.520 (08 august 2024, 3.30pm)

SincereStock

2,361 posts

Posted by SincereStock > 2024-08-16 16:44 | Report Abuse

sold a few MESB to lock profit at 0.575 (4.35pm, 16 august 2024) still got some left and will keep until QR release

SincereStock

2,361 posts

Posted by SincereStock > 2 months ago | Report Abuse

sold all MESB at 0.500 (9am, 29 august 2024) disappointed with QR, apparel business so far is declining hard

investorbat

1,448 posts

Posted by investorbat > 2 months ago | Report Abuse

60 mil net cash

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