MALAKOFF CORPORATION BERHAD

KLSE (MYR): MALAKOF (5264)

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Last Price

0.635

Today's Change

-0.005 (0.78%)

Day's Change

0.62 - 0.64

Trading Volume

2,821,100

Details of Changes
Securities After Change
Transactions
Ann. Date Name Details of Changes Securities After Changes
Date Type No. of Shares Price Direct (%) Indirect (%) Total (%)
Discussions
9 people like this. Showing 50 of 6,700 comments

DividendGuy67

@fortunefire, yes, you are right - this company will like post a loss by FYE2023, as H1/2023 loss posted was -6.33 sen/share. It would be hard to see H2/2023 EPS becoming greater than 6.33 sen, i.e. will likely post a loss 2 quarterly report from now.

Nevertheless, chart wise, price gains on rising volume is normally regarded as a bullish trend. Many resistance levels coming up. Retailers may think this stock is not worth owning because it will be loss making this year, but someone with volume thinks otherwise. The only question mark is - is this hidden buyer planning to do something with this company, or is this just someone trying to create excitement?

Personally, I am selling more into strength, but very slowly ... it's a GTC order already pre-set, so, market makes know where I'm queueing to sell which I'm happy to disclose because I am just but one trader.

In current market conditions, it makes sense to buy low, sell on strength. Don't hope for a huge run - out of 10 stocks, you'll be pleased to sell into strength 9 times out of 10 and there will be that 1 time where you wished you didn't sell because it shoots up so high, but I don't think MALAKOF belongs to that 1 out of 10 times.

2023-11-14 23:10

smartly

for sure price target will be adjusted lower...

2023-11-24 20:17

sasword

This as hol GLC money laundering counter TP is always RM 0.001

2023-11-27 19:21

soon9913

Expect Further Improvement in Performance QoQ in 4QFY23
As the coal prices, particularly the more volatile benchmark Newcastle coal prices have stabilised since June 2023, we expect negative fuel margins to continuously ease (Figure 4). Management guided that they are expecting a small loss or a small profit for the group in 4QFY23, depending on the trend of coal prices.

2023-11-28 12:07

soon9913

the management is expecting small loss or small profit in Q4-2023..... haha what a joke.. expected full year loss

2023-11-28 12:08

soon9913

expecting full year loss , and expecting another plant retired in year 2024 also, Conclusion: While expanding environment solutions business including the latest proposed acquisition of 49% equity stake in E-Idaman Sdn Bhd will not make a significant earnings impact in the near term, it does speak for MALAKOF’s efforts in looking for new earnings streams to replace its expiring PPAs. Two of its power plants had already expired recently, i.e., the 436MW PD Power Plant in Feb 2019 and 640MW GB3 Power Plant in Dec 2022. In addition, the PPA of its 350MW Prai Power Plant will expire in 2024, 1,303MW SEV Power Plant in 2027 and 40%-owned Kapar Power Plant in 2029.

2023-11-28 12:11

soon9913

expecting earning will be reduced year on year after expiry of those high profit margin plants....

2023-11-28 12:17

NRahmat

Malakoff Corp Bhd has teamed up with Abu Dhabi Future Energy Company PJSC (Masdar) to identify potential business opportunities through investment and development of solar photovoltaic power plant project development, with a targeted aggregate capacity of up to 1,000MW, and explore other renewable energy (RE) projects opportunities in Peninsular Malaysia.

In a statement, Malakoff said the collaboration will involve conducting technical and commercial assessments of specific projects that have been identified, and collaborating on the development, implementation and management of the projects, including the financing arrangements in accordance with the RE transition.

In parallel with Malaysia's goal of achieving net-zero emissions by 2050, Malakoff said the partnership will further enhance their portfolios, which currently stand at 151MW of RE generating capacity consisting of project acquired large-scale solar, rooftop solar, and small hydro power generation.

2023-12-04 15:47

NRahmat

Malakoff Corp Bhd, through its wholly-owned subsidiary, Malakoff Radiance Sdn Bhd has secured a solar agreement with Railway Assets Corp (RAC) and Keretapi Tanah Melayu Bhd (KTMB) for the development, operation and maintenance of carport and rooftop solar systems at railway stations, depots and a park and ride terminal in Perak, Penang, Selangor, Johor and Negeri Sembilan. Malakoff’s MD & Group CEO Anwar Syahrin Abdul Ajib said the group is targeting 1,400MW of renewable energy (RE) capacity by 2031 through collective efforts. (The Edge)

2023-12-13 15:13

smartly

limit up LOL!

2023-12-13 17:08

Loh Kok Wai W

Before..80 's,90's ,2000's...is Blue Chips....n now is Potato Chips...hahaha..

2023-12-28 15:33

Snake

130-180

2024-01-05 19:29

smartly

wait for Q4 result (feb2024) bah. hopefully can turn black again

2024-01-05 19:35

Cheah5555

A sleeping giant, waiting for the right time to move up !

2024-01-07 17:10

iQie

What happens to power plant that expired ? Cannot sell power ya ? Turn the power plant to mining crypto plant la..hehe .

2024-01-07 19:45

kelvinfixx

Turn the expired power plant into data center.

2024-01-08 10:37

sasword

all black money has been used to pump index already, this counter destined to stay in hell due to EPF got money pump index no money goreng small counter policy

2024-01-08 16:10

Jnlee

today the edge have a analytical report,the future seen bleak

2024-01-14 19:39

speakup

in a bull run like what we are in now, nobody really cares about Fundamentals lah!

2024-01-14 21:06

smartly

agreed. any tom dick and harry will up during bull

2024-01-15 19:50

sasword

now "bull" until sell underpants, wahahahahaha

2 months ago

loonisback

Hahaha bull run also cannot wake up this sleeping stock

2 months ago

speakup

Already up 10%
I know cos I was eying Malakoff <60

2 months ago

smartly

gold status for easier fund raising ?

2 months ago

smartly

Malakoff Corp Bhd is undergoing consolidation and attempting to stage a bullish breakout.

2 months ago

Believe3222

just sell to TNB or YTLpower then gulung tikar better

2 months ago

Pinky

Another rubbish quarter hahaha 🤣

1 month ago

WPJ4642

Will it any dividend?

1 month ago

smartly

limit down come Monday.

1 month ago

Cheah5555

Bad management, a lot of huge businesses but very disappointing results.

1 month ago

kelvinfixx

Impairment from Bahrain venture, this is normal when you make losses you do a one time impairment. But seriously the ceo anwar not doing a good job.

1 month ago

kelvinfixx

Excluding the substantial share of loss from Al-Hidd IWPP and impairment loss on the company's carrying value of investment in Al-Hidd IWPP, Malakoff recorded a net profit of RM72.0 million in yhe fourth quarter of FY23.

1 month ago

NRahmat

According to management, a final dividend will depend on the near-term debt obligation (RM746.3mn debt maturing within 1 year), working capital needs and the capital commitments (expect c.RM300mn capex in FY24). Considering the group’s cash position of RM2.3bn as of 4QFY23 and expectation of better outlook in view of stabilisation in coal prices, we expect MALAKOF to announce 1.5sen to 2.0sen of final dividend next month. Meanwhile, management disclosed that the E-Idaman acquisition is on track to complete by April 2024 and the finalisation of waste-to-energy plant is expected around 2Q to 3QCY24.

1 month ago

KingKKK

UTILITIES Sector (KingKKK): Investing in Malaysia's Engine Top Performer - YTLPOWR, YTL, RANHILL, PBA, TENAGA, PETGAS, MALAKOF, ENGTEX

https://klse.i3investor.com/web/blog/detail/bestStocks/2024-03-17-story-h-186391184-UTILITIES_Sector_KingKKK_Investing_in_Malaysia_s_Engine_Top_Performer_Y

1 month ago

NRahmat

Finally wake up

3 weeks ago

smartly

one day show ?

3 weeks ago

NRahmat

KUMPULAN WANG PERSARAAN (DIPERBADANKAN) ("KWAP") (a substantial shareholder) acquired 983,100 shares on 22-Mar-2024.

2 weeks ago

NRahmat

KUMPULAN WANG PERSARAAN (DIPERBADANKAN) ("KWAP") (a substantial shareholder) acquired 1,772,800 shares on 26-Mar-2024.

2 weeks ago

NRahmat

Malakoff eyes new gas, solar plants in Tanjung Bin for energy exports

https://theedgemalaysia.com/node/705994

2 weeks ago

TiffanixLVxHermes

hi all
need advice
notice that
PPA expiration
Port Dickson plant in 2019
GB3 power plant in 2022
Prai power plant in 2024

can PPA be renewed?
if can not, what to do with those plants? demolish?

2 weeks ago

TiffanixLVxHermes

anyone can help to answer please

2 weeks ago

TiffanixLVxHermes

sell or hold
very uncomfortable with the recent result
new project in middle east again = new forecast loss again?
😅

1 week ago

catalan

Hold for now.
Hopefully negative fuel margin resolved by this coming quarter.
And if they can get something out of LSS5, any package above 500MW is good for them ( only if they manage to get it ), else it is hopeless to hold this counter for long term.

https://www.thestar.com.my/business/business-news/2024/04/01/energy-commission-opens-bidding-for-lss5-programme

1 day ago

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