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2019-09-07 14:06 | Report Abuse
Marco, a fundamentally good company (low debt, persistent profitable) with cash rich company
Base on latest annual report 2018, total asset :203million (equity of 190million, liability 13 million)
In view of low dept, profit every year contributes to growing of retained profit and equity
Also, 2 land (1 at setapak, 1 at Melaka) has not been reevalauted since long time ago
With the latest market price of 0.115, Marco's market value is onli 121million, which is really undervalue
Despite recent purchasing of 40%share of time galleries SDN BHD (21.8 million), company still had 83million cash at 2018 as compared with 101 million at 2017. Amount of cash is still persistent increasing as documented in recent quarter report
Investing in time galleries, company revenue and profit are anticipated to increase.
We can notice that Marco paid high dividend on 2011(2.15 sen), 2012(0.8sen), 2013(2.2sen) 2014 0.8sen) before its warrant expired on 2014
After maturation of its warrant, company's share increases from 712million to 1054 million. hence, percentage of share of major share holders was diluted as they had sold out warrant earlier.
From the announcement on March this year, main share holder (tan Sri dato tan hua chin) had recent acquired 6% of share (62.5 millionx0.12: rm7.5million).
From my view, Marco is undervalue and holding too much of cash
Company is capable to pay up 4sen of dividend anytime and still has balance of at least 40 million cash for operating. As a result, I would said Marco should worth at least rm0.16
Invest on ur own risk
2019-05-28 19:36 | Report Abuse
An undervalued company with good fundamental
Persistent growing of revenue, net profit and low P/E ratio of 8.7
Worth to accumulate with dividend yield of ~4-5%
Definitely price will go up
2016-02-23 20:59 | Report Abuse
Propose dividend 0.7 cent per share~4.5% return on current price
2015-07-21 17:28 | Report Abuse
past 3 quarters continuosly showed good result, 1 more month for next.
if good news out, should fly high~
2015-06-23 13:01 | Report Abuse
after agm, i felt more confident to d stock
2015-02-16 18:33 | Report Abuse
Cash represent 40% of assets! what they want to keep so much cash! pay bk to share holder leh
2015-02-16 18:27 | Report Abuse
Got so much cash and bank balance as compared previous year but pay so little dividend this round, seriously unaccepted
Must reflect it during coming annual meeting
2015-02-16 18:16 | Report Abuse
But so stingy this time, pay so little amount of dividend
2015-02-16 18:03 | Report Abuse
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1878613
Another good quater report, thumb up!
2014-11-20 19:32 | Report Abuse
Cheer! friends who support marco. This is d brightest q report marco ever has. It achieve highest revenue, highest profit before and after tax. This mean that d company is growing n it will achieve better result in future. Watch n calvulator is so essential n no matter how technology develop, it wont be eleminated or displaced. Being d best brand among others, casio will b every 1st choice. I cant find a better digital watch other then casio on d market. Sport activity becoming popular make every 1 own a digital watch and at least 50% is casio. If u dunt own 1, pls buy 1. With 1 malaysia book voulcer, student will buy calculator each year. Ican remember i hv brought 3 calculator during my secondary school time even without subsidise. If its price go lower, i will buy more. With current result, i have topped up my stock, have u? For sure it will declare dividend but not sure when onli, it is late when it is declared.
2014-08-21 01:53 | Report Abuse
Why every1 is so scared? Is d company loss money? Is d company having financial crisis? Is d company going to bankrupt? D q report is quite good for me where d company is still making money as expected. Just that d eps is lower due to dilution from warrant convention b4 which is also expected. Make sure u know what u investing n dunt simply follow d market trend or else ur life become miserable.
2014-08-18 20:36 | Report Abuse
當別人恐懼, 我就貪婪
http://klse.i3investor.com/blogs/ethg/57349.jsp
2014-08-06 23:54 | Report Abuse
Fundamentally, Marco is actually a good company (low debt, high profit with no history of loss, good dividend yield)
For sure that its price is undervalue
Price of most of companies become double up since 2010, but Marco price is still quite stagnant...
Tis might becoz nobody know bout tis company (volume was so low last time)
But now it can sometime become top 10 hot stock in d day
Therefore, its value must b reflected one day.
Watch, calculator are essential goods no matter how d world change.
Casio is a common brand with quality assurance that every 1 know n it is my 1st choice as its price is affordable for me
For a good company with undervalue price n making profit every year, as an investor, I will hold it for long term until its price exceed its value.
So, wat is actual price should Marco be?
2014-02-28 00:31 | Report Abuse
Ya, can't compare its result in that way,
It compare with past few quarter, tis quarter is consider good d n its prize is undervalue
2013-12-13 16:06 | Report Abuse
After ex date, we will b entitled to purchase the right issue.
For d following 5 working days, those who r entitled but not wish to purchase it can sell d form in open market (OR).
For those who wish to buy in axcess can purchase this form.
After this 5 working days, we usually have 1 week time to pass up our form with bank draft.
If u didn't receive d form, u may ask ur stockbroker to print out for u.
2013-10-16 07:14 | Report Abuse
Bomohsaham, buat magic kat xdl keh? Tiba-tiba shooting up^^
2013-10-15 01:17 | Report Abuse
The corporate is going to exercise 322.7m right shares at 35 sen each, with free detachable warrants and bonus shares of up to 242m.
For every 12 existing XDL shares that investors hold, they are entitled to subscribe to 4 rights shares at price of rm0.35, along with 3 free warrants and 3 free bonus shares.
That mean, u actually pay rm0.20 per share ((4*0.35)/(4+3)). Besides that, it is along with 3free warrants 2013 with exercise price of RM0.35 each. If you buy it in excess, u will get lower everage price.
From the company financial record, it made profit for every year even it's profit decline in recent year(might due to economy recession of china at that time). When we look at it PE ratio, it is <2 for each years That mean it is a very potential and undervalued stock.
In addition, XDL has a very strong balance sheets. However, we don't know can it be trusted since china stock is notorious with its credibility. This might b reason why XDL is so cheap. Anyway, if the balance sheet is real, this stock is again extremely undervalued.
2013-10-14 23:51 | Report Abuse
It is an mv created to promote xidelang's product
2013-10-14 23:30 | Report Abuse
Let's enjoy xidelang mv together for its shooting up
http://m.youtube.com/watch?v=VqE6jdmHDsQ
2013-10-07 18:49 | Report Abuse
Dividend was declared.
http://klse.i3investor.com/servlets/anpth/942910.jsp
2013-10-02 01:10 | Report Abuse
Hard to get that price ady recently
2013-09-30 08:04 | Report Abuse
Price/earning ration
Lower means earns a lot by using less money
2013-09-30 08:00 | Report Abuse
If it is real, what will happen to tis stock?
2013-09-21 14:38 | Report Abuse
Rm0.55 is still too cheap for this stock, PE ration is only ~6.6
It is worth at least rm0.8
2013-09-04 23:47 | Report Abuse
Final tax-exempt (single-tier) dividend of 0.9 sen per share for the financial year ended 31 March 2013
0.9sen =RM0.009
2013-08-27 23:07 | Report Abuse
Actually d revenue not so bad, but d profit drop so much.
Maybe because of expenses of d company to open new market.
Anyway, there is challenges for d company since ppl tend to shopping through Internet.
2013-08-26 15:54 | Report Abuse
Just there is dividend of 0.0625/share announced on 20aug^^
2013-07-29 23:21 | Report Abuse
A healthy financial result, however the company is still undervalue.
Also, I think there will be some more dividend to be announced soon.
2013-05-19 00:44 | Report Abuse
This company is still able to pay dividend, that mean it is still profitable.
But y its revenue is almost d same as presiding year but it profit reduce so much? Where did d money go?
Stock: [MBMR]: MBM RESOURCES BHD
2023-12-26 21:06 | Report Abuse
https://english.kyodonews.net/news/2023/12/d58248389486-daihatsu-suspends-all-plants-in-japan-due-to-safety-test-scandal.html
Leave the stock temporary, will be back once this issue settle.