KLSE (MYR): MBL (5152)
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Last Price
0.47
Today's Change
+0.005 (1.08%)
Day's Change
0.47 - 0.47
Trading Volume
20,000
Ann. Date | Date | Type | Units | Price | View |
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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
Permintaan minyak sawit meningkat 🔥
https://www.freemalaysiatoday.com/category/business/2024/04/01/strong-buying-sentiment-drives-cpo-uptrend-at-rm4200/
2 weeks ago
https://theedgemalaysia.com/node/706896
No need to say more. Join the boat and ride with the imminent breakout
1 week ago
of course it's undervalued. Current PE is only around 5.8x and NTA value worth RM1.02 !
1 week ago
Double the current value now, cheap & undervalue if dividend announcement confirm fly up
1 week ago
Kumpul saja semasa ia masih murah dan berisiko rendah, jika anda ada aliran tunai yg baik 🙂
1 week ago
True, MBL probably will shoot up after that as people will use raya duit to buy in 😁😁
1 week ago
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
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
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
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
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
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
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
Berita baik diisytiharkan secara berturut-turut 🤗
MBL akan pecah 50 sen tak lama lagi
3 days ago
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
If Israel retaliates, likely it will dip below 40 sen and may test the 35 sen support level.😰
1 day ago
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
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