MEGA FIRST CORPORATION BHD

KLSE (MYR): MFCB (3069)

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Last Price

3.36

Today's Change

0.00 (0.00%)

Day's Change

3.35 - 3.36

Trading Volume

5,200

Major Holders Breakdown
Current Holdings

Name

No. of Shares

Percentage

DATO TING HENG PENG

12,000

40.00%

DATO TING HENG PENG

12,000

40.00%

DATO TING HENG PENG

12,000

40.00%

Historical Transactions
From To Type No. of Shares Min Price Max Price
Discussions
15 people like this. Showing 50 of 3,581 comments

snowball2000

Excellent QR, profit attributable to shareholders increased by 15.5% QoQ!

2022-08-18 18:02

snowball2000

Interim single tier dividend of 3.6sen declared, vs. 3.25sen in previous year..

2022-08-18 18:03

snowball2000

"Trade receivable turnover for EDL remains within the normal range of 4-5 months."

2022-08-18 18:08

snowball2000

Investment in quoted shares, however, suffered 61.57million in fair value loss.... :(

2022-08-18 18:11

snowball2000

"We do not expect Lao's weak fiscal position, relatively high public debt and low foreign exchange reserves to significantly affect Don Sahong's trade receivable collection from EDL."

2022-08-18 18:13

snowball2000

"The Group's net debt declined 29.6% or RM154.1 million from RM520.2 million at the beginning of the year to RM366.1 million at the end of the reporting period."

2022-08-18 18:16

snowball2000

Appreciate it if anyone can update on info gathered from investor online briefing. Thanks!

2022-08-18 18:18

DannyArcher

Ssttoocckkbbiitt got updates, but this name and url banned by i3. Go to st0 ckbit website to download the notes

2022-08-19 08:27

snowball2000

Noted TQ.

2022-08-19 09:24

jonathan_k

Looking good. Continue

2022-08-19 14:49

nickinvests

Post removed.Why?

2022-08-22 04:13

newbie8080

Expected Q4 dividend to reach 3.8c
Expected total for 2022 will be 7.4c

At 10% dividend growth per annum,
Expected total dividend for 2023 will be 8.1c
Expected total dividend for 2024 will be 9c
Expected total dividend for 2025 with 5th turbine contributing additional 20% capacity, will be 11.9c

Any thoughts?

2022-08-23 09:40

BatteriesNotIncluded

MFCB biggest problem is Laos, people are afraid of Laos going kaput. The other thing is most of their business are partnership or have an end-time to it, like the plantation and hydro will expire in X years time. What MFCB should do is use the money to buy up some plantation to generate more cash, building another hydro is not a good move as it will take too many years. Anyway, who am I to tell them what to do, they are smarter, I'll just invest and wait, hopefully more good news.

2022-08-29 18:44

newbie8080

@BatteriesNotIncluded
Don Sahong took 4 years to built the 4 turbines, is given 25 years to operate before transferring to owner.
With cost to built at RM1.7 bil, this hydropower able to generate at least RM459mil cashflow per annum based on 80% of the 256MW at USD6 cent kwh.
By the way, plantation PAT% for most efficient planter range between 10%-15% due to fertilizer cost, labour,etc. These input cost tend to increase overtime as compared with hydropower where water is free resources and able to attain PAT% of 50% to 60% if the management cost control is good.

2022-08-30 14:35

DannyArcher

Am not sure when don sahong was proposed, maybe in 2003 or 2004, environmental report for the dam was completed in 2006, construction starts around 2015 and completed in 2019. From proposal to generating power took almost 15 years. So, building a new dam is really out of the question.

2022-08-30 17:54

jamestecs

SHHHH... This is undervalue company.

2022-10-07 09:49

HengyuanZai

3.15 .. next 3.00 , Then to 2.5 in long term

2022-10-13 18:44

snowball2000

3.32.. next 3.40, Then to 4.00 in the long term..... ;)))

2022-10-26 15:16

InsiderShark

Malaysia, Singapore complete electricity interconnector upgrade

"In addition to mutual support, the interconnector is currently used for cross-border power trade under the Lao PDR-Thailand-Malaysia-Singapore Power Integration Project (LTMS-PIP). The LTMS-PIP imports up to 100 megawatts (MW) of renewable hydropower from Lao PDR to Singapore via Thailand and Malaysia using existing interconnections," the EMA said.

https://www.theedgemarkets.com/article/malaysia-singapore-complete-electricity-interconnector-upgrade

2022-10-26 15:31

snowball2000

Good news in support of MFCB's business!!!

2022-10-26 15:33

snowball2000

Good QR, another sterling quarter! Earlier fear of Laos' receivables seem to be overblown. Time to fly?

2022-11-17 18:04

newbie8080

Earnings already expected to do well in the last 1-2 quarters with heavier rain fall till end september.
Probably, market sentiment is gloomy.

2022-11-17 18:59

jonathan_k

super quiet everyday

2023-05-10 10:06

speakup

No drop already good

2023-05-10 10:07

Kitty Kitty

just being silent is good for pure investor

2023-05-10 14:57

jamestecs

Maybe this company name has little relate to foul language so people stay away, but it has great management team and good vision, only not good for market is they like stay low profile.

2023-05-11 09:58

BursaVulture

i never noticed the acronym until you mentioned it. the reason why the share price is flat is because how many hydro power dam can you build? even if you have a new project, it will take another 15 years. growth is guaranteed to remain stagnant for many years unless their other subsidiaries are able to grow at an incredible speed.

For them to grow, they need to venture into a new business that is scalable and moderately profitable.

2023-05-11 12:14

speakup

Wat does mfcb stand for?

2023-05-11 21:26

BobAxelrod

I believe it's broken into 2 words..........mf and cb......hahaha


Posted by speakup > 4 minutes ago | Report Abuse
Wat does mfcb stand for?

2023-05-11 21:31

Kitty Kitty

Company has been exercising their buyback muscle

2023-05-18 07:19

BursaVulture

other than the one off tax penalty, overall... not bad. expected.

2023-05-24 20:04

Fabien _the efficient capital allocator

400mil of annual free cash flows for a 3 billion company

2023-05-26 20:51

BursaVulture

Selling pressure due to being removed from FBA100 or some index.

2023-06-08 20:03

BursaVulture

MFCB did mentioned about looking at a new hydro project in the future, I wonder if it will be a collaboration between TNB and MFCB in Laos. Anwar just visited Laos and signed some MOU, hopefully a new hydro via TNB-MFCB, a big Hydro. TNB buying power from Laos, might as well go build a hydro dam too.

https://www.thestar.com.my/business/business-news/2023/06/27/tnb-to-see-rm23bil-returns-from-energy-deal-in-laos-starting-2025

2023-06-27 18:13

jamestecs

Many come here to short, everyday win. Let see they can pull price down to like 2020.

2023-07-03 09:56

jamestecs

Tomorrow shorties will pull it down 3.

2023-07-03 16:34

jamestecs

Shorties cannot make it today, got little support and some shorties buyback, let see tomorrow shorties can continue pull down below 3 or not.

2023-07-04 16:58

jamestecs

Market still bearish, shorties come back again.

2023-07-06 10:43

jamestecs

When company stop buyback, the price much more stable.

2 months ago

steady31

who throw 19.6 million shares at 3.35. I wonder why

2 weeks ago

punpipi

shorting kaw kaw

2 weeks ago

jamestecs

unreasonable drop next week is good chance to collect.

2 weeks ago

speakup

Drop 3¢ je dah panic

2 weeks ago

hw0706

Mfcb the best is 2.80

2 weeks ago

1DERFUL

MFCB Faire value RM 8.38, PUBLIC BANK target price 4.75, it has upside potential

2 weeks ago

speakup

2.80 buy

2 weeks ago

BursaVulture

Mega First teams up with Laos firm to explore investment opportunities in Laos
https://theedgemalaysia.com/node/682956

I remember they did mentioned about exploring new hydro if opportunity arise. I wonder what is this all about.

2 weeks ago

jamestecs

Every time company buyback activity the price will press down, so funny.

1 week ago

BursaVulture

@jamestecs

That is because they are trying to hold the price stable when short sellers throw. Don't think too much, at least the founder and owner are willing to support the price, some owners couldn't care to provide necessary support.

1 week ago

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