Coleman77

many investor here hope to have dividend too... so far MBL having a PE of 5.70 times & a market cap of RM109.0 million... upside is still high

2 weeks ago

ryoyagod

High chance for MBL to declare dividend this year 😉 Stay tuned

2 weeks ago

elhippo2001

surely mbl declaring dividend soon right? mbl next gem to shine?

2 weeks ago

mrkhoi306

Old article but a good read - MBL’s History and Milestones in the Palm Kernel Expeller Machines Industry

https://sawitindonesia.com/mbls-history-and-milestones-in-the-palm-kernel-expeller-machines-industry/

2 weeks ago

Harim99

Permintaan minyak sawit meningkat 🔥
https://www.freemalaysiatoday.com/category/business/2024/04/01/strong-buying-sentiment-drives-cpo-uptrend-at-rm4200/

2 weeks ago

MikeyChan

So it's better to accumulate before MBL soars with a dividend announcement 😉

2 weeks ago

KarmaS

strong buying sentiment... how far can cpo price go...

2 weeks ago

ChandranG

Probably can go up to Rm5000 per ton if El Nino worsen

2 weeks ago

TopKey

Nice, better continue to collect more & ride the CPO trend

2 weeks ago

Harim99

MBL akan picah 50 sen semasa harga minyak sawit naik sampai Rm5k per tonne 😀

2 weeks ago

AlanToast

close above 0.45 liao, time for breakout??

1 week ago

Albukhary

Be patient, just a matter of time.

1 week ago

Lalaking188

CPO 5k is inevitable, pick up more first

1 week ago

Aubree

https://theedgemalaysia.com/node/706896

No need to say more. Join the boat and ride with the imminent breakout

1 week ago

ElijahYH

Once MBL breaks the blocks at 46 cents, it will go all the way up

1 week ago

Coleman77

collect while undervalue... mbl performance are improving every quarter...

1 week ago

11wenhao11

of course it's undervalued. Current PE is only around 5.8x and NTA value worth RM1.02 !

1 week ago

elhippo2001

Double the current value now, cheap & undervalue if dividend announcement confirm fly up

1 week ago

Harim99

Kumpul saja semasa ia masih murah dan berisiko rendah, jika anda ada aliran tunai yg baik 🙂

1 week ago

KarmaS

See next week how, this week raya mode market is slow

1 week ago

ryoyagod

True, MBL probably will shoot up after that as people will use raya duit to buy in 😁😁

1 week ago

mrkhoi306

personally wont add anymore unless kena push down, now waiting game je

1 week ago

Albukhary

Court case settled. Win win situation.

The buyer agreed to let MBL forfeited RM10mil deposit, and MBL shall payback the balance of RM13.9mil to the buyer.

If assumed this disposal was not recognized before, so now this RM10mil forfeited will be recognized as "other income / one-off gain" in the next QR.

Below are the announcement:-
The Board of Directors of MBL wishes to announce that both Plaintiff and Defendant have entered into a Settlement Agreement on 8 April 2024 to reach a full and final settlement of the Civil Suit between parties and the Share Sale Agreement dated 1 April 2021 between parties subject to the recording of a Consent Order/Judgment before the High Court, whereby RM13,900,000.00 is to be refunded to the Plaintiff and the balance of RM10,000,000.00 is to be retained by the Defendant as liquidated assessed damages, wherein the full terms and conditions are contained in the Settlement Agreement.

1 week ago

Aubree

That indeed is a good news for MBL. This case has been dragging on for a long time and finally they reached a consensus and decided to settle the case

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3437103

1 week ago

MikeyChan

wow, nice. Then high chance for MBL to declare dividends this year

1 week ago

AlanToast

Another good news, you sure another dividend news is coming?

1 week ago

TopKey

Share buyback again... MBL looking very hot lately

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3437521

1 week ago

ChandranG

Proposing share buy back 😮 it is going to break 50 cents in due time

6 days ago

Peace99

So, correct me if wrong, basically MBL won, because it got 10mil (minus some expenses) from the Plaintiff, since Plaintiff paid 23.9mil as deposit and the refund is 13.9 mil only.

6 days ago

Peace99

That means buta-buta income of RM 10mil/224mil shares ~ 4.5 sens/share :) :)

6 days ago

Lalaking188

Finally patience paid off, today can close 0.50 if momentum keep going

5 days ago

Coleman77

The remaining RM10,000,000.00 will be retained by the Defendant as liquidated assessed damages. The balances after deducting the earlier cost and damages suffered will be treated as other income to the Defendant.

Yep... counted as 10m other income

5 days ago

Aubree

Can't say buta-buta income 😅 This case had been dragging for so long and it's great that both parties have reached certain compromises and are being 'compensated' monetarily

5 days ago

Peace99

Ha ha, ya not really buta buta but MBL still retain the ~2000 acres of plantation right with ~90 year lease. Any news what MBL is going to do with this big piece of land??

4 days ago

yrhc_eht

finally court case settled. with nta of 1.02, share price will fly soon

4 days ago

Harim99

Berita baik diisytiharkan secara berturut-turut 🤗
MBL akan pecah 50 sen tak lama lagi

3 days ago

ElijahYH

Malaysian palm oil exports continue to increase
https://www.thestar.com.my/business/business-news/2024/04/15/malaysia039s-palm-oil-stocks-fall-to-10-month-low-as-exports-surge

2 days ago

elhippo2001

push push push, closer to 0.50 now

2 days ago

mrkhoi306

Now just sitback & see MBL break 50 sen wall....

2 days ago

11wenhao11

That 50 cents of TP need to wait after the geopolitical tensions ease. Ha

2 days ago

wbuffet2

Never lose your capital. Side line first before it's too late.

1 day ago

TopKey

gg.. good run I guess... time to rest from the market for abit

1 day ago

ryoyagod

The war will be over for sure. Be greedy in the market while others are fearful

1 day ago

KarmaS

No worries, no panic! back to the starting point & restart the race again!

1 day ago

wbuffet2

If Israel retaliates, likely it will dip below 40 sen and may test the 35 sen support level.😰

1 day ago

Lalaking188

hahaha wont drop below 40 sen, momentum too strong now

22 hours ago

elunmask8

Let's wait for the IRAN/ISRAEL conflicts to settle down first. Meanwhile, pray hard that no one starts the escalation of tension into unchartered territory.....which IRAN tested the water

21 hours ago

AlanToast

hahaha either monitor or take profit, both works

21 hours ago

MikeyChan

It seems like MBL is heading towards 50 cents

7 hours ago

ChandranG

It's still traded below its NTA value by the way

6 hours ago