FAVELLE FAVCO BHD

KLSE (MYR): FAVCO (7229)

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Last Price

1.75

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0

Overview

Market Cap

414 Million

NOSH

237 Million

Avg Volume (4 weeks)

64,689

4 Weeks Range

1.68 - 1.89

4 Weeks Price Volatility (%)

92.59%

52 Weeks Range

1.68 - 2.30

52 Weeks Price Volatility (%)

76.09%

Previous Close

1.75

Open

0.00

Bid

0.00 x 0

Ask

0.00 x 0

Day's Range

0.00 - 0.00

Trading Volume

0

Financial Highlight

Latest Quarter | Ann. Date

30-Sep-2024 [#3] | 22-Nov-2024

Next QR | Est. Ann. Date

31-Dec-2024 | 26-Feb-2025

T4Q P/E | EY

15.01 | 6.66%

T4Q DY | Payout %

5.08% | 76.21%

T4Q NAPS | P/NAPS

3.13 | 0.56

T4Q NP Margin | ROE

4.51% | 3.73%

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
6 people like this. Showing 50 of 1,154 comments

snowball2000

Why did the director keep on selling?

2022-05-26 09:58

speakup

director sell to give u chance buy mah

2022-05-26 11:02

TraderBilis

0.85 + upcoming maybe 0.08..0.93 sen still yummy..

2022-05-26 11:17

NewbieStockTrader

@investortrader88 GG lo.. today down again..

2022-05-26 14:38

shichini72

buy

2022-05-26 15:55

charonflytea

Let every panic first, then only slowly sapu

2022-05-26 16:21

snowball2000

When Director is selling / buying with insider information, Bursua/SC should scrutinise the transactions!!!

2022-05-27 09:53

snowball2000

Especially during closed periods...

2022-05-27 09:54

speakup

already told u all last time sell son Favco swap to mother Muhibbah cos all the Favco cash transferred to Muhibbah

2022-05-27 09:59

snowball2000

As a matter of fact, I sold all... ;p

2022-05-27 10:05

snowball2000

Between 3.25 - 3.30, phew...

2022-05-27 10:06

speakup

smart move!

2022-05-27 10:07

snowball2000

sama sama...

2022-05-27 10:07

henry888

Hi hi, cannot trap me, i already know before ex date and sold before ex date as the chart with flat top depicts operator not going to push (as i entered second time at above rm3.20) and also afraid majority shareholders would sell and let you no chance to escape since Muhibbah need fund (opinion).

2022-05-27 10:09

speakup

based on my past experience, when a common owner move money from company X to company Y, means he is shifting attention from X to Y. The smart move is Sell X swap to Buy Y.

in this case, X is Favco, Y is Muhibbah.

2022-05-27 10:10

henry888

But you need to know why Muhibbah need fund ??? Is Muhibbah doing any job of Sapura energy since in trouble???

2022-05-27 10:16

snowball2000

Scary remarks...

2022-05-27 11:53

NatsukoMishima

@snowball2000

110 posts

Posted by snowball2000 > 3 hours ago | Report Abuse

When Director is selling / buying with insider information, Bursua/SC should scrutinise the transactions!!!
________
Fake account like serb also not a big deal , what more u want expect our sleeping beauty !

2022-05-27 13:11

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 !

2022-05-27 13:11

snowball2000

Considering serb and other irregularities in the market, this starts to feel like a SCAM.... :(((

2022-05-27 17:01

sasword

Post removed.Why?

2022-06-15 16:30

speakup

favco drop so much cos all it's cash has been taken out from company

2022-06-20 16:03

speakup

recession coming, favco is very very vulnerable because it has net cash 0! all already taken out

2022-06-20 16:04

snowball2000

Ex-dividend price should have been 2.40 (3.25 - 0.85)... It drops non-stop since going ex-div, really scary......

2022-06-21 12:19

ming

another 8 cents dividend~

but no sound no gas here

2022-06-23 15:55

AlfI3

Is a "game over" case

2022-07-02 07:36

snowball2000

Confirmation of direction by end Aug 2022 with next quarterly announcement...

2022-07-04 10:40

TraderBilis

Buy2

2022-07-25 19:07

Johnmajor

SC and Bursa should investigate

2022-07-26 10:31

snowball2000

FF gg...

2022-07-28 10:03

snowball2000

QR is better than my expectation... However, cash position turned from +182mil to -37mil. Interest income will go down while interest expense is expected to rise...

2022-08-26 12:35

snowball2000

There may be impact on the company's ability to take on big project as well...

2022-08-26 12:35

ming

awating Europe wind farm contracts~

2022-09-27 15:49

ming

Prospect tone dah change~

2023-05-25 18:48

nassay84

AGM today...Any good news?

2023-06-26 12:44

Tanleechoo

👍

2023-11-03 11:33

Tanleechoo

Latest QR Any time ..

2023-11-21 10:05

Tanleechoo

Look like not many contracts they win this year ?

2023-12-20 13:15

Tanleechoo

💤 sleeping again
😴

2023-12-21 15:10

ming

Net profit 21mil include impairment.

If exclude all the one off items, core net profit should be 41m !!!

2024-02-26 19:09

ValueMaker

U.s imposed 25% tariff on China made crane~ good for Favco.

Ship-to-Shore Cranes

The tariff rate on ship-to-shore cranes will increase from 0% to 25% in 2024.

2024-05-15 09:31

Jack737

Final dividend 9 cent waiting for AGM approval . Expecting to be paid in SEP.

2024-06-08 07:52

DickyMe

RM 1.70 coming soon!

2024-06-14 15:44

ming


FAVCO 24Q3 result:
If exclude the one off items (eg: forex, allowances, derivatives & etc), core PBT stood as:

24Q3: 27.231m
24Q2: 14.863m
24Q1: 14.686m

23Q4: 50.988m
23Q3: 22.040m
23Q2: 7.088m
23Q1: 9.994m


Forex loss of RM 27m in Q3 due to rapid strengthening of MYR.

Good thing is bulk of this still remain unrealised loss as yet to convert back to Ringgit.

Ringgit start weaken significantly since early Q4

5 days ago

ming

Q4 will much better as profit should add back the unrealize forex part follow with the weaken of Ringgit

4 days ago

speakup

Ini kalilah dah jadi Lain Kalilah

4 days ago

ValueMaker

Favco result Ok la~ 9 months tax paid around 17.6m

Base on 30% tax rate, the actual earning before tax should around 58.9m~ close with reported PBT 35.6m + forex loss of 24.8m

Unrealised loss eh~ Next quarter will add back!

3 days ago

ValueMaker

FAVCO’s result Comparison between 9m24 vs 9m23:

Revenue: 569.4m vs 459.4m (+24%)
PBT: 35.6m vs 53.9m (-34%)
Core PBT: 56.8m vs 39.1m (+45%)
Tax pay: 17.7m vs 14.0m (+26%)

**core PBT refer to PBT exclude all one off items

Improving or terbalik? Clearly for judge !!!

3 days ago

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