KLSE (MYR): FAVCO (7229)
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
1.75
Today's Change
0.00 (0.00%)
Day's Change
0.00 - 0.00
Trading Volume
0
Market Cap
414 Million
NOSH
237 Million
Avg Volume (4 weeks)
64,689
4 Weeks Range
1.68 - 1.89
4 Weeks Price Volatility (%)
52 Weeks Range
1.68 - 2.30
52 Weeks Price Volatility (%)
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
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%
2024-11-25
2024-11-25
2024-11-22
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.
When Director is selling / buying with insider information, Bursua/SC should scrutinise the transactions!!!
2022-05-27 09:53
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
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
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
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
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
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
Considering serb and other irregularities in the market, this starts to feel like a SCAM.... :(((
2022-05-27 17:01
recession coming, favco is very very vulnerable because it has net cash 0! all already taken out
2022-06-20 16:04
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
Confirmation of direction by end Aug 2022 with next quarterly announcement...
2022-07-04 10:40
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
There may be impact on the company's ability to take on big project as well...
2022-08-26 12:35
Net profit 21mil include impairment.
If exclude all the one off items, core net profit should be 41m !!!
2024-02-26 19:09
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
Final dividend 9 cent waiting for AGM approval . Expecting to be paid in SEP.
2024-06-08 07:52
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
Q4 will much better as profit should add back the unrealize forex part follow with the weaken of Ringgit
4 days ago
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
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
snowball2000
Why did the director keep on selling?
2022-05-26 09:58