FAVELLE FAVCO BHD

KLSE (MYR): FAVCO (7229)

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Last Price

3.25

Today's Change

+0.01 (0.31%)

Day's Change

3.24 - 3.30

Trading Volume

1,572,600

Overview

Market Cap

763 Million

NOSH

235 Million

Avg Volume (4 weeks)

857,094

4 Weeks Range

2.51 - 3.30

4 Weeks Price Volatility (%)

93.67%

52 Weeks Range

2.10 - 3.30

52 Weeks Price Volatility (%)

95.83%

Previous Close

3.25

Open

3.24

Bid

3.24 x 63,100

Ask

3.25 x 32,300

Day's Range

3.24 - 3.30

Trading Volume

1,572,600

Financial Highlight

Latest Quarter | Ann. Date

31-Dec-2021 [#4] | 25-Feb-2022

Next QR | Est. Ann. Date

31-Mar-2022 | 25-May-2022

T4Q P/E | EY

15.94 | 6.27%

T4Q DY | Payout %

2.34% | 37.23%

T4Q NAPS | P/NAPS

3.24 | 1.00

T4Q NP Margin | ROE

8.66% | 6.28%

Company Profile

Sector: INDUSTRIAL PRODUCTS & SERVICES

Sector: INDUSTRIAL PRODUCTS & SERVICES

Subsector: INDUSTRIAL ENGINEERING

Subsector: INDUSTRIAL ENGINEERING

Description:

avelle Favco Berhad is an investment holding company. The Company's product line consists of heavy lift Offshore, Tower, Wharf and Crawler Cranes. Its tower cranes include Kroll cranes, which are heavy lifting electric hammerhead cranes, and Favelle Favco cranes, which are high speed diesel hydraulic luffing cranes. The Company offers two main series, which include rope luffing and ram luffing set-ups. Its crawler cranes include lattice boom and telescopic boom. Its wharf cranes include level luffing bulk handling cranes. It offers both luffing and hammerhead cranes with diesel hydraulic and electric setups. It operates through Inside Malaysia and Outside Malaysia segments. 

Discussions
5 people like this. Showing 50 of 1,104 comments

speakup

net cash (less liabilities) is rm186mil, shares issued is 231mil
means favco will be a slighly net debt company after this dividend.

2 weeks ago

speakup

no wonder muhibah & CEO Mac has been aggressively buying favco shares past few months, even though muhibbah not doing well. it all makes perfect sense now.

2 weeks ago

speakup

Muhibah moving money from son Favco to parent.
Was wondering why Muhibah then in the midst of a rights issue, still spending so much money to buy favco.
now it is clear.

2 weeks ago

Mark Goh

I called tricor and IR 85sen is true.

2 weeks ago

Faiza

mama needs dividend money

2 weeks ago

stockraider

The huge coming div payout of 85sen plus 8sen will enhance FAVCO ROE% significantly mah!

2 weeks ago

CharlesT

One off lah

Favco is a side dish....muhibbah is the main dish

2 weeks ago

wallstreetrookie

Why always so many comments after a news has been out. Where you guys one month ago? Quietly buying

2 weeks ago

wallstreetrookie

No one mentioned about this stock one month ago. Now good news, come out and talk nonsense such as one-off gain, fake dividends.
This guy @Junqi sour grape.

2 weeks ago

wallstreetrookie

@Junqi beware of bad karma. Hope no one sold early because of this misinformation

2 weeks ago

wallstreetrookie

Why would Muhibbah and Favco management buy almost 1% of total float? 100% insider information regarding dividend payouts.

2 weeks ago

wallstreetrookie

Maybank Investment Bank issued a HOLD rating on Favco in early 2022. Knew something is up about this stock. This is the textbook example of insider trading.

2 weeks ago

wallstreetrookie

A lot of people missed out especially KLSE screener traders. All crying about fake dividends. Haha

2 weeks ago

wallstreetrookie

Already said y'all will regret selling due to incoming dividends. Favco always give huge divs to compensate for the lack of growth.

2 weeks ago

loneranger3211

today up 55 sen, another 30 sen to go?

2 weeks ago

gemfinder

Beter sold off ma favco when got tis golden chance. In d end, favco oso got problem ma

2 weeks ago

tenghian

@loneranger3211
85sen is almost favco 4year total eps, 30sen is small gift for who want to buy the share and back to 4year ago, and take risk cash flow

2 weeks ago

wallstreetrookie

@gemfinder lost money in Hengyuan playing contra lol

2 weeks ago

wallstreetrookie

gemfinder you are the biggest gambler on i3. Buys at the top and sells at the bottom

2 weeks ago

wallstreetrookie

Lots of liars here, Favco will keep going up to match the div until the ex-dividend date. Then it will drop. Stop lying

2 weeks ago

641003025255

Next TP will above RM4 to match for the div

2 weeks ago

snowball2000

In a market rout full of casulties, I m just happy to see that FAVCO is enjoying good return, be it in price appreciation or the eventual dividend payout. Whether you sell now or hold to receive dividend later, all shareholders are winners! FAVCO GO GO GO.... ;)

2 weeks ago

wallstreetrookie

Dividend arbitrage let's go

2 weeks ago

wallstreetrookie

Close RM3.30

2 weeks ago

wallstreetrookie

Next week RM3.4

2 weeks ago

Mabel

Wah this is really good...

2 weeks ago

wallstreetrookie

Double good news.

2 weeks ago

wallstreetrookie

These local institutions trading on insider info again. Criminal actions

2 weeks ago

wallstreetrookie

Bursa is one of the dirtiest equities market in the world. No wonder SC chairman stepped down. Foreign investors continue to short sell Ringgit

2 weeks ago

wallstreetrookie

Didn't receive market color from my broker, but I know that Favelle Favco management is greedy and will give themselves high dividend each quarter so I bought a lot a few months ago.

2 weeks ago

gohkimhock

If every year is like this then this counter deserves a rerating. If not, better don't get yourself stucked high. One tsunami comes, you will become a bagholder..

2 weeks ago

NatsukoMishima

Like cantonese people always says " where got such huge toad waiting for catching on the street " ?? Use your brain to think twice before staying in VIP room permanently !

2 weeks ago

The_JQuestion

HEHHEE interesting move... good for muhibbah good goodd go go long term gem

2 weeks ago

henry888

With 85 cents dividend given, i think is no harm to shareholders/ppl albeit the fears of some ppl this is a trap. In any way, this is a good company with results proven and dividends given extracted from the past records. Furthermore, is money given to shareholders and not unscrupulously channeled to other sources of unprofitable investment. Note : my opinions only.

2 weeks ago

MYthenightmare

So many韭菜here attracted by the so called high dividend here, tasty and yummy food of big s shark gangs, oh yeah

2 weeks ago

henry888

Sure no money buy talk rubbish or a short seller on reverse talk ???

2 weeks ago

wallstreetrookie

They are keyboard warriors, sour grapes who missed out on dividends

2 weeks ago

wallstreetrookie

Where were they before the dividend announcements?

2 weeks ago

wallstreetrookie

Before the dividend announcement, this forum only has 3-5 comments every week. After the 85 cent dividend, everyone, uncle and auntie from Facebook came to comment here. Simple, because they missed out.

2 weeks ago

641003025255

Buy-buy not to late. this counter will move further high

2 weeks ago

henry888

That type of people is just like up afraid of fox, down also afraid of tiger, best keep in Bank or no bullets already. Of course there must be loser depends on your entry point and targets of operator.

2 weeks ago

jeremy961102

Favco can go higher ?
https://youtu.be/3TCcpXPIkkQ

2 weeks ago

richardsharing

if many ppl buy, price will down. if no ppl buy, price will up lo...

2 weeks ago

snowball2000

In my view, I think FAVCO is a good company with solid business. I was a shareholder. However, after 85 sen is distributed, it will effectively become a company which is without surplus cash (after balance cash is netted against borrowings). However, given its track record of past performance, it should not have problem obtaining financing from banks. Would like to hear from anyone with a different view. Please enlighten. TQ.

1 week ago

stockraider

How can u lose when u can get back 93 sen div in this share leh ?

1 week ago

henry888

Esos lagi coupled with US index seems down trend, not easy to win even in other stocks, bumper road ahead.

1 week ago

shichini72

Tomorrow last day before ex-div. Still can buy at this price 3.24?

1 day ago

sten_still

Since tomorrow is ex-date for dividen, tomorrow price should open low -RM0.85, OPEN price should at rm2.41 if refer to current price rm3.26. Correct me if im wrong

5 hours ago

Bsc1130

明天会RM2.40价开市

24 minutes ago

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