MUAR BAN LEE GROUP BERHAD
KLSE (MYR): MBL (5152)
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Last Price
0.465
Today's Change
+0.005 (1.09%)
Day's Change
0.465 - 0.47
Trading Volume
130,100
Changes
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Discussions
7 people like this. Showing 50 of 1,753 comments
Kumpul saja semasa ia masih murah dan berisiko rendah, jika anda ada aliran tunai yg baik 🙂
2 weeks ago
True, MBL probably will shoot up after that as people will use raya duit to buy in 😁😁
2 weeks 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.
2 weeks 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
2 weeks ago
Share buyback again... MBL looking very hot lately
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3437521
2 weeks 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.
1 week 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
1 week 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
1 week 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??
1 week ago
Berita baik diisytiharkan secara berturut-turut 🤗
MBL akan pecah 50 sen tak lama lagi
1 week 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
1 week ago
If Israel retaliates, likely it will dip below 40 sen and may test the 35 sen support level.😰
6 days 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
6 days ago
Penganalisis industri percaya sebaliknya dengan mereka menjangkakan pengeluaran minyak sawit meningkat mulai Mei
5 days ago
https://www.astroawani.com/videos/video-terkini-x7sio1/masa-terbaik-beli-saham-syarikat-tanam-sawit-x8wxqam
Memang masa terbaik beli saham syarikat tanam sawit 🙂
5 days ago
The United States will intervene in the conflict to avoid escalation, so don't worry so much
3 days ago
It seems that MBL has not been greatly affected by this macro environment. Share price still hanging strongly above 45 cents
1 day ago
Hari-hari kumpul sikit MBL ni, lama-lama ganjaran akan jadi bukit apabila ia terbang tinggi
15 hours ago
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4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
elhippo2001
Double the current value now, cheap & undervalue if dividend announcement confirm fly up
2 weeks ago