MARINE & GENERAL BERHAD

KLSE (MYR): M&G (5078)

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Last Price

0.32

Today's Change

0.00 (0.00%)

Day's Change

0.32 - 0.325

Trading Volume

100,500

Financial

T4Q

31-Mar-2021

2020

31-Mar-2021

2019

31-Mar-2021

2018

31-Mar-2021

2017

31-Mar-2021

Total assets

238

-1.64%

1000

+11.55%

110

+81.66%

900

-13.16%

600

+235.36%

Total current assets

238

1000

110

900

600

Cash & equivalents

238

1000

110

900

600

Short term investments

238

1000

110

900

600

Total receivables, net

238

1000

110

900

600

Accounts receivable - trade, net

238

1000

110

900

600

Other receivables

238

1000

110

900

600

Total inventory

238

1000

110

900

600

Inventories - work in progress

238

1000

110

900

600

Inventories - progress payments & other

238

1000

110

900

600

Inventories - finished goods

238

1000

110

900

600

Inventories - raw materials

238

1000

110

900

600

Total non-current assets

238

1000

110

900

600

Long term investments

238

1000

110

900

600

Note receivable - long term

238

1000

110

900

600

Investments in unconsolidated subsidiaries

238

1000

110

900

600

Other investments

238

1000

110

900

600

Net property/plant/equipment

238

1000

110

900

600

Gross property/plant/equipment

238

1000

110

900

600

Accumulated depreciation, total

238

1000

110

900

600

Deferred tax assets

238

1000

110

900

600

Net intangible assets

238

1000

110

900

600

Other current assets, total

238

1000

110

900

600

Total liabilities

238

-1.64%

1000

+11.55%

110

+81.66%

900

-13.16%

600

+235.36%

Total current liabilities

-238

-1000

-110

-900

-600

Total non-current liabilities

-238

-1000

-110

-900

-600

Long term debt

238

1000

110

900

600

Long term debt excl. lease liabilities

238

1000

110

900

600

Capital and operating lease obligations

238

1000

110

900

600

Provision for risks & charge

-238

-1000

-110

-900

-600

Deferred tax liabilities

-238

-1000

-110

-900

-600

Other liabilities, total

-238

-1000

-110

-900

-600

Total equity

-238

-1.64%

-1000

+11.55%

-110

+81.66%

-900

-13.16%

-600

+235.36%

Total liabilities & shareholders' equities

238B

1000B

110B

900B

600B

Total debt

238

1000

110

900

600

Book value per share

-238

-1000

-110

-900

-600

Discussions
10 people like this. Showing 50 of 3,698 comments

khooowen

Lee Chee Wee So, the price should be how much now?

2024-03-26 23:54

curiousq

Lee Chee Wee
Current price divided earnings per share. EPS 8.37
19 hours ago

EPS 8.37sen, how you get this?

2024-03-27 19:28

soffone85

get out and find support at 21-23 cents

2024-03-29 16:55

Whiteevoque

Very undervalued stock. With current bullish in oil and gas sector, m&g and its peers will keep showing profitable results. Fair price should be at least 65-70 sen

2024-03-30 02:31

curiousq

Lee Chee Wee
Current price divided earnings per share. EPS 8.37
5 days ago

EPS= 8.37 is your prediction for this year earning?

2024-04-01 15:52

Miguel_Felix

its coming

2024-04-02 08:59

Whiteevoque

Looking good to reach 31/34 soon

2024-04-03 01:18

Bull13

OSV players: Icon Offshore, Perdana, M&G. All already moved due to bright business prospect except M&G. Very undervalued counter. Anytime now...💰💰

2024-04-04 09:50

Miguel_Felix

after raya show start

2024-04-05 10:21

BanyakZhun

Uptrend from now..?

2024-04-08 19:26

Lee Chee Wee

EPS till Jan 31, 2024 this year 8.34 for financial year Apr 30, 2024..meaning the latest announced profit.

2024-04-22 13:22

goldmanbull

Can someone show me how to get EPS 8.37? Try to sum up the last 4 quarters individually...
1.42 + 0.33 + 0.37 + 0.60 = 1.43 only. Huge difference. Please check!

2024-04-26 14:18

goldmanbull

Lee Chee Wee, please check. If not the case, this counter is overvalued!

2024-04-26 14:31

goldmanbull

Please sell! It is tremendously overvalued! Wrong EPS calculation in i3 investor and KLSE platform. Try adding EPS for last 4 quarters to get the real EPS.

2024-04-26 16:30

newbietrader9

buy on dip

2024-05-08 11:51

Semplicita

Wanna take off soon 😅

2024-05-09 22:05

dlyc85

goldmanbull! you are correct. EPS for M&G look not correct. EPS 8.37 look wong info.

2024-05-15 16:38

dlyc85

but if this company still can earn money then still ok. correct EPS should be 2.72, PE9

2024-05-15 16:40

cicakman

Anyone knoe when approx .next FYR announcement?

2024-05-30 10:34

cicakman

Waaa... here nobody except ghost🤣🤣🤣

2024-05-31 09:55

cicakman

M&G oso ok bah!

2024-06-04 09:14

cicakman

Still ghost town 🤣

2024-06-14 18:53

Lee Chee Wee

Congratulations to all who stay invested in this stock. Uptrend continues. Broke out from 0.30 bullish. Next level will be 0.50.

2024-06-15 10:18

Miguel_Felix

start your engine!

2024-07-23 17:22

Willy888

Miguel excellent!

2024-07-24 15:47

cicakman

Back to square one🤣🤣🤣.

2024-07-25 12:45

cicakman

Here got ghost only.🤣🤣🤣
Midterm 0.60 ¢ +

2024-07-26 10:06

Willy888

Mr Miguel your TP please.

2024-07-26 10:31

cicakman

Tomolo is 31st July.

2024-07-30 11:37

Joe

Was there a devident declared from this company

2024-07-30 23:08

Superb99

Nice profit but lousy price

2024-07-30 23:45

Miguel_Felix

accumulate now, uptrending soon

2024-07-31 11:48

damansaraeagle

Failed

2024-08-05 12:24

elcarle

Marine & General (M&G) - Cheapest OSV Player on Bursa: The Markings & pathway of a Gem Growth stock

A closed door meeting was held with M&G Senior Management recently along with a follow up Meeting with Investors and its all system go and smooth sailing ahead. Some key takeaways from the meeting:

- ⁠Beneficiary of Petronas Ramp up in Spending and Severe Lack of Vessels in the Market: Charter rates has been trending upwards due to sustained oil prices and ramp up in O&G activities, where demand for Vessels far outstrip the supply available in the market currently. Even ship builders are enjoying brisk business with yard capacities are beyond ordinary times and unable to cope with the demand for new builts. Refer to Keyfield latest announcements on contract wins to get a feel of latest charter rates.

- New orders are forthcoming with at least 8-9 New POV Contracts (In excess of RM500mil worth) expected to be announced soon. Management is cautiously optimistic of its fortune over the next 6 years the least with orders in hand and upcoming orders expected to keep them busy.

- Expansion into the tanker market in Middle East set to come to fruition within the next year with more contracts to be secured in this segment serving from Dubai to markets in India.

Assuming M&G achieves a revenue of RM450-500 million in FY25 with net margins of at least 15-18% (conservative given the higher charter rates the market commands currently) this would result in a net profit of at least RM70-90 million, implying that M&G is trading at an ultra low and extremely undemanding valuation of 3x PE (even on a fully diluted basis, its forward PE is still well below OSV Industry averages of 10-12x, players of which has rallied tremendously over the course of the year with Market Cap exceeding half a billion (M&G is at mere RM239 million) Currently the stock is under-researched with no research coverage.

M&G deserves to be pegged at a PER of 10-12x, given its robust order book and upcoming replenishments along with its expansion plans overseas in the tanker market. With the above PE, it is reasonable to arrive at a fair value range of RM1.10-1.33 (Management and Major shareholder has assured that there wont be immediate dilution from the potential conversion of Preference Shares which will be maturing in the year 2030). From current levels, the upside is easily 3-4x, giving the stock ample room to run and narrow the gap to its implied fair value.

2024-08-08 10:31

Luka77

Cheapest OSV player not M&G la dik

2024-08-08 11:23

cicakman

Possible RM500 million contract from Petronas.👍

2024-08-12 17:15

cicakman

Cheapest OGSE M&G then Sealink.

2024-08-16 17:40

cicakman

Where's everybody ?😃.

2 months ago

DragonLim

Last 2 hours increased 4 cents.

2 months ago

mudaBubu

One day show only

2 months ago

cicakman

Stay sideline .
Up or down are daily affair for
investors .
Contra are not encourage.

2 months ago

DragonLim

Today is still going up.

2 months ago

Miguel_Felix

Brent went up, got show today?

1 month ago

money_talk

Trump ending the WAR..NO CUMMING!!!

1 week ago

kcliew08

need to run?

1 week ago

cicakman

Moving towards year end value.

3 days ago

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