KLSE (MYR): MNHLDG (0245)
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Last Price
0.565
Today's Change
-0.015 (2.59%)
Day's Change
0.555 - 0.59
Trading Volume
5,418,300
Market Cap
231 Million
NOSH
409 Million
Avg Volume (4 weeks)
4,435,015
4 Weeks Range
0.48 - 0.59
4 Weeks Price Volatility (%)
52 Weeks Range
0.225 - 0.59
52 Weeks Price Volatility (%)
Previous Close
0.58
Open
0.58
Bid
0.56 x 77,400
Ask
0.565 x 84,500
Day's Range
0.555 - 0.59
Trading Volume
5,418,300
Latest Quarter | Ann. Date
30-Sep-2023 [#1] | 29-Nov-2023
Next QR | Est. Ann. Date
31-Dec-2023 | 20-Feb-2024
T4Q P/E | EY
18.39 | 5.44%
T4Q DY | Payout %
0.00% | 0.00%
T4Q NAPS | P/NAPS
0.18 | 3.14
T4Q NP Margin | ROE
6.49% | 17.08%
2023-12-01
2023-11-27
2023-11-27
Sector: CONSTRUCTION
Sector: CONSTRUCTION
Subsector: CONSTRUCTION
Subsector: CONSTRUCTION
Description:
MN Holdings Berhad is a Malaysia-based investment holding company. The Company through its subsidiaries, is principally engaged in the underground utilities engineering services and solutions and substation engineering services and solutions. The Company's customers are primarily contractors for power projects, property developers and industries that require its services and solutions to enable the supply of power to specific locations and/or premises. The Company's subsidiary includes Mutu Nusantara Sdn. Bhd. (MNSB) and MN Power Transmission Sdn. Bhd. (MPTSB).
the profit is going to grow 50% to 100% this coming year...what do you think the price would do? Let's see...
1 month ago
Mnh’s business has the benefit of being versatile. It provides engineering works for various sectors.
What’s most exciting is it is in the middle of many market plays.
1) Renewable energy. TNB is going to invest billions on the grid in the coming decade. And it looks like it’s getting contracts directly from TNB as well, as opposed to being a sub con in the past. Logic tells me better margins?
2) Data centres - many many companies are setting up data centres. And mnh is in the thick of things.
3) the focus is slowly moving from China to SEA. And with factories setting up, mnh is also set to benefit.
Mnh is coming from such a small base, even getting a small bit of the pie is a massive amount.
Main threat is not having enough hands to take in all the projects. LOL
Good luck ! Onwards and upwards…💪🏻💪🏻
1 month ago
I think the question should be, how far will it go beyond the last high.
BursaKakis
Can Mnhldg breakout of historical high of 0.40 set on 14/2/2023 ?
1 month ago
This year MNH secured many projects from TNB & others, total in hand projects exceeding 384m as per link below:-
https://www.klsescreener.com/v2/news/view/1205593
1 month ago
@trader808 where are you? I listened to uou and sold my wa at 16.5 for a small profit and followed your advice to switch to big 'M' and noel stuck there
1 month ago
⭐️MN Holdings TP 0.59⭐️
Record earnings on the making
With a robust order book and aplenty replenishment opportunities on the horizon, MNH is poised to achieve record-high earnings in FY23. We have revised our FY24 and FY25 forecasts upward by 32% and 66%, respectively. Our fair value for MNH now stands at RM0.59, up from the previous RM0.45, based on a 12x FY25f EPS of 4.9 sen. Given MNH's significant presence in the solar and data centre industries, the stock appears to be undervalued, especially with its forward P/E ratio of 8.8x.
HLIB Research 26102023
1 month ago
I shudder to think what the warrants could be. It could easily be 40+ sen before the year is out.
1 month ago
Data Centre Providers To Have Greater Presence In Malaysia – CHINT Global
https://www.businesstoday.com.my/2023/10/27/data-centre-providers-to-have-greater-presence-in-malaysia-chint-global/
1 month ago
HL investment bank Tp 59cts, and forecast 32% & 66% growth in 2024/2025, surely this is big boost to the shares to transform into small blue chip.
1 month ago
Edge Weekly dd 30/10/2023 features articles on 'Data Centre Industry Booms'. MN Holdings is one of the co listed.
1 month ago
This article published in April indicated MnHldg will be one of the big player in the Data centre industry. Watch out!!
https://theedgemalaysia.com/node/661789
1 month ago
After many days of positive notes, it is high time consolidation will take place
1 month ago
Stocks go up in waves, so I wouldn’t discount a retracement. A strong support, should there be a retracement, would be the breakout point of 40 sen.
Good luck ! Best of profits for everyone.
1 month ago
From fundamental perspective, 50sen is already at the high side valuation.
Anything above 50sen is no longer fundamental support, it is purely goreng sahaja.
Please take note M&E business is a very competitive business, profit margin very thin.
You can secure many project, but you must management it carefully, coz the margin is very thin (5-8%), any mistake or project delay will eat up your profit.
Fair value should be 35sen-40sen.
Below 30 sen is a good grab.
3 weeks ago
Hahaha…you guys can say all you want about value etc. In my 20+ years of investing, you know it’s all up to the operators.
Yes, you can talk about fundamentals (I value fundamentals too btw), but there are times where when things are hot, it could explode…look at the property sector. Why the heck do you think UEMS and IWCITY are on exorbitant valuations right now? It’s about future potential and it’s also about goreng. Heck yeah ! it’s about goreng.
Yes, at 50+ sen it appear high at the moment (partly because of its recent non stop move up). Even then it’s 22x PE. If they want to goreng, it’s one heck of an upside before I would say it’s dangerously high. (As I’ve mentioned, I believe their profits may increase by 50% or maybe even double in 2024, therefore, in terms of forward PE, it’s not horribly inflated)
Now, I’m not saying it’s going to be 70-80 sen for sure in the near term (because stocks normally move in waves and not in a straight line). I’m just saying it’s not impossible. It’s all up to the operators.
As for catching below 30? I would say, that’s quite a stretch. Maybe…if something catastrophic happens to the business !
As for me, I would start taking profit bit by bit, and not sell everything, in case the improbable does happen. Even if there is a correction, this stock has much potential for the next few years.
Good luck everyone.
3 weeks ago
MN Holdings posts best quarterly performance since listing
https://www.thestar.com.my/business/business-news/2023/11/29/mn-holdings-posts-best-quarterly-performance-since-listing
4 days ago
777777
sold @0.365
1 month ago