MUHIBBAH ENGINEERING (M) BHD

KLSE (MYR): MUHIBAH (5703)

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Last Price

0.415

Today's Change

-0.01 (2.35%)

Day's Change

0.41 - 0.425

Trading Volume

1,148,600

Overview

Market Cap

302 Million

NOSH

727 Million

Avg Volume (4 weeks)

495,136

4 Weeks Range

0.41 - 0.465

4 Weeks Price Volatility (%)

9.09%

52 Weeks Range

0.405 - 1.03

52 Weeks Price Volatility (%)

1.60%

Previous Close

0.415

Open

0.415

Bid

0.415 x 92,400

Ask

0.42 x 157,400

Day's Range

0.41 - 0.425

Trading Volume

1,148,600

Financial Highlight

Latest Quarter | Ann. Date

30-Jun-2022 [#2] | 30-Aug-2022

Next QR | Est. Ann. Date

30-Sep-2022 | 29-Nov-2022

T4Q P/E | EY

-37.57 | -2.66%

T4Q DY | Payout %

0.00% | 0.00%

T4Q NAPS | P/NAPS

1.56 | 0.27

T4Q NP Margin | ROE

-0.39% | -0.71%

Market Buzz
Company Profile

Sector: CONSTRUCTION

Sector: CONSTRUCTION

Subsector: CONSTRUCTION

Subsector: CONSTRUCTION

Description:

Muhibbah Engineering (M) Bhd is engaged in providing oil and gas, marine, infrastructure, civil and structural engineering contract works. In addition to these, it also manufactures engineering products and distributes and markets construction materials. The segments in which the group operates includes Infrastructure construction, Cranes, Marine shipbuilding and ship repair and Concession. Business activity of the company is functioned through Asia, Europe, America, Middle East and Australia. Muhibbah derives most of the revenue from construction contracts, goods sold and services rendered, dividend income and rental income.

Discussions
15 people like this. Showing 50 of 3,246 comments

nicky

some say good some say rubbish ... so which is which ??

2022-05-06 13:54

gemfinder

Rubish lo. In d end favco oso got problem

2022-05-06 13:57

nizam

we must muhibah must have muhibah

2022-05-06 14:43

nizam

good performance

2022-05-06 14:43

matt88

the dividend receive and the recent rights issue will be used for working capital and to reduce the huge borrowings. If you look at their balance sheet you will get a better idea. They may declare a token amount just to keep everyone happy.

2022-05-06 15:17

cicakman

Unless Muhibah passed back some of the dividen it is ok.
If no,it is just Muhibah invesment is fruiting.
Favco give RM 196 millions as dividen to Muhibah but Favco themselve make how much to share the profit?
Long term could be ok.

2022-05-06 15:29

cicakman

Sorry RM 119 millions.

2022-05-06 15:37

cicakman

Beside Favco give dividen,it add it own share value and to Muhibah too.
Think wisely.

2022-05-06 15:44

cicakman

Win Win Situation for shareholders of both but is it really benefits for those who just joined the party?

2022-05-06 15:47

cicakman

They short at both side and long + dividen .
Something really not right.
If buy Favco get dividen fair larr price move up.
Buy Muhibah what will you get?
Good luck lahhh like that.

2022-05-06 16:23

James Ng

https://klse.i3investor.com/blogs/general/2022-05-07-story-h1622471512.jsp
[转贴] [Video:浅谈MUHIBBAH ENGINEERING (M) BERHAD, MUHIBAH, 5703] - James的股票投资James Share Investing

2022-05-07 21:52

henry888

In regards to Favco's dividend of 85 cents, Muhibbah as largest shareholders of Favco is a win situation for existing shareholders/ppl as we can deemed this is one of the way of raising fund for the company in replacement of issuing new share/private placement which would have direct effects of causing shares dilutions. My opinion only.

2022-05-08 07:50

MasterYoda

ESOS again,more dilution coming ke ke ke

2022-05-19 14:46

firehawk

Wild guess ... QR might be NG, declare div to compensate :D

2022-05-26 09:31

speakup

all the cash from son Favco already transferred to father Muhibbah

2022-05-26 14:43

Tankoks

lai liao...

2022-06-08 11:27

Michael Kwok

Sell call muhibbah 52-53 cents.Probably buy back 49-50 cents in the making.
Period:21/6/2022 19.19pm.

2022-06-21 19:21

firehawk

evil operator

2022-06-23 09:47

uniteen

why do you say evil operator?

2022-06-23 16:30

firehawk

FFavco declares lucrative dividends, one after another, bcos most off the money goes to their pockets (besides Muhhibah) ..... Muhhibah SH don't get any (bcos more retailers in this ctr), in contrast, asked money from SH through RI (while not compelling for cash), share price dipped to breach RI price, this would even hurt those subscribed for RI ......

not only manipulate market price but enhance with company events .... price will only goes up when retailers give up ......

2022-06-25 00:39

limkokthye

Habis liao liao

2022-07-01 17:43

RWG

muhibbah tan c liao

2022-07-03 13:51

uniteen

even worse than PN17 capital A (airasia). shit company.

2022-07-04 09:23

RWG

habis ri price 50sen also cant hold

2 months ago

RWG

delist soon

2 months ago

Klse2022

Any body can advise reasons for the recent price drop?

2 months ago

matt88

this stock has fallen off the cliff

2 months ago

RWG

holland liao,

2 months ago

RWG

mr.mac ngan boon also fainted seeing his company price only 43.5sen

2 months ago

RWG

habis liao muhibbah

2 months ago

RWG

muhibbah keong gan liao,

2 months ago

jerrymackay

please sell. june just mass retrancement n mss n vss. their subsidary project in red. due to raw material skyrocket. 30cents coming soon. they keep all the senior stuff (not working getting free salary) and let go those that working

2 months ago

uniteen

june? now end of july already. whatever shit also happen already liao.

2 months ago

soon9913

cash rich company after receiving huge div and right issue ma .

2 months ago

Windy1974

For those of you investing in Muhibbah, what's the bright spot? For me, it was the recovery of Cambodia airport after pandemic. Of course, Favelle was doing good too and will remain ok. To me, Favelle has become a cash cow for Muhibbah (squeeze dry already) and no longer attractive. Even with pandemic recovery, think again if Cambodia airport is gonna recovered. The scam in Cambodia is not only for Malaysian but basically all chinese people. Would you visit Cambodia again as tourists? The scam in Cambodia getting serious because China forbids their national to visit Cambodia for gambling/scam related issues.

1 month ago

ming

Cambodia airport traffic by passengers:

2022
Q1: 195k
Q2: 475k
Jul: 236k

1 month ago

bojed

Attempting to crawl out from a double bottom pattern? This looks interesting.

1 month ago

uniteen

latest quarterly report shows muhibbah is improving.

1 month ago

bojed

Let's go!

1 month ago

ming

VIAGRA dua biji please..

3 weeks ago

ming

Cambodia airport traffic by passengers:

2022
Q1: 195k
Q2: 475k

Jul: 236k
Aug: 257k

2 weeks ago

theavenger

Cambodia airport traffic by passengers:

2022
Q1: 195k
Q2: 475k

Jul: 236k
Aug: 257k

hi ming ...i check their official website the data only up to 2021 ...may i know where u get these info ?

2 weeks ago

ming

Vinci website has the details..

2 weeks ago

certifiedanalyst11

Muhibbah engineering is dead.


1) issued and diluted shareholding by more than 50%. Most of the new money was used to pay just 10% of its debt. Balance of 90% still is due within 12 months. 

2) People naively said that owners put own money into Muhibbah when committing to the right issue. But are you sure? They got the money by squeezing Favee Favco's reserve to issue unreasonable sum of dividend. Muhibbah's directors also own major shares of FF. So it's not out of their own pockets. They did so because they had no choice. If Muhibbah goes under, they will loss Favelle Favco to banks (as Muhibbah owns more than 60% of FF). 

3) The reason why Muhibbah bought FF's shares few months back is that they want to direct most of the FF's dividend to Muhibbah to pay its debts. 

4) Wise directors left because of these unethical management styles and hopeless situations.

5) Chinese are not coming to Cambodia anytime soon because of Chinese zero covid policy (in addition to other countries with safety concerns). By 2025 (less than 3 years), a new Phnom Penh international airport will replace Vincci & Muhibbah's. 

6) So far, it only got a small JV project for 3 years, but it is extremely insufficient to finance its 900 billions debt. 

7) With inflation and interest rate raising, there will be even fewer project opportunities (main objective of raising rate is to curb spending). And also that increases interest expense of its excessive debts. 



With no banks or projects to finance its 900 billions debts, it has squeezed its own shareholders with right issues and FF's reserves. But macro environment has only made this situation even more miserable to Muhibbah.

6 days ago

goodmosquito

you, more a mummified analyst!

6 days ago

ming

No that worst gua..

See operating cash flow maintain positive ; while financing cash flow show aggressive in reducing debt

Total liabilities drop from 2.7b (2016) to 2.2b (2019) to 2.0b (2020) to 1.6b now alrdy

6 days ago

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