META BRIGHT GROUP BERHAD

KLSE (MYR): MBRIGHT (2097)

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Last Price

0.14

Today's Change

+0.005 (3.70%)

Day's Change

0.135 - 0.14

Trading Volume

169,900


6 people like this.

1,770 comment(s). Last comment by TheVenturer 2 days ago

LimKT

482 posts

Posted by LimKT > 2018-05-28 11:17 | Report Abuse

maybe can try

Posted by Cents_investor > 2018-05-31 17:20 | Report Abuse

not moving as other counter are all green today....sigh

Kidir89

74 posts

Posted by Kidir89 > 2018-06-01 09:57 | Report Abuse

Go,eastlnd

Posted by Cyphuell Azm > 2018-06-05 05:48 | Report Abuse

Oversold. For quite a long time.

Posted by Cents_investor > 2018-06-05 18:40 | Report Abuse

going up trend...tp 0.21 gogogo

Kidir89

74 posts

Posted by Kidir89 > 2018-06-07 12:20 | Report Abuse

Easlind, bila mau gerak

Harold Huong

1,036 posts

Posted by Harold Huong > 2018-06-09 08:25 | Report Abuse

Still hold strong, I am waiting

Posted by Stockmasteryy > 2018-06-25 15:36 | Report Abuse

this stock will boost soon be patient

dompeilee

11,888 posts

Posted by dompeilee > 2018-07-24 15:35 | Report Abuse

Bought Eastlnd @ 16c this morning.

Posted by Stockmasteryy > 2018-07-24 17:15 | Report Abuse

Tomorrow up more

Posted by kiasu_trader > 2018-07-25 09:41 | Report Abuse

Once 0.170 break will head to 0.200. Come lets break it !!

Posted by kiasu_trader > 2018-07-25 10:09 | Report Abuse

Super trending!!! Just enter 2000 lot at 0.170 / 0.175

Posted by kiasu_trader > 2018-07-25 10:09 | Report Abuse

Ini kali la! 0.250

koyokui

1,957 posts

Posted by koyokui > 2018-08-02 09:28 | Report Abuse

buy eastland vheard want t7o push to 40sen

Posted by birkincollector > 2019-02-11 12:40 | Report Abuse

coming?

tai yee

697 posts

Posted by tai yee > 2019-02-12 10:34 | Report Abuse

kimstock strongly recommend this counter..... but not really active

ran777rpt

2,945 posts

Posted by ran777rpt > 2019-02-12 12:14 | Report Abuse

Looks like can move.Quite bullish.

Posted by birkincollector > 2019-02-20 17:50 | Report Abuse

may be will break 0.12 tmr

Jebard

660 posts

Posted by Jebard > 2019-02-26 03:39 | Report Abuse

Next goreng stock? Lets see

Posted by commonsense > 2019-03-12 16:35 | Report Abuse

First of all, the market cap in i3 for this company is wrong. There is an error in the shares outstanding amount. It should have been 245.7mil shares and not 8.47bil. Market cap should have been only RM24.6mil and not RM890mil as what is shown in i3. Please take note.

That being said, this is still a loss-making property developer and hospitality company with total loss of RM8.8mil in FY18. The company is facing some liquidity issues to fund their operations and any new property development. As of Dec 18, the company has a cash reserve of only RM5.8mil but a near term debt obligation of more than RM30mil.

The outlook for their hotel business in Kota Bahru, Kelantan is expected to be challenging in FY19 due to the opening of new competitor’s hotels in the area. New property development will only be made upon the improvement of the property market which might not be immediate. Investors need to be prepared for another loss year in FY19.

If you are looking to hedge your portfolio outside of Eastland Equity (due to its weak earnings outlook and funding issues), I would recommend you to look at MBMR. (https://klse.i3investor.com/servlets/stk/pt/5983.jsp)

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.1x PE based on FY18 profit of RM166mil. PB is low at only 0.7x BV.

FY19 should deliver another profit growth year to the company. Profit growth will again be driven by the performance of Perodua (via MBMR 22.6% holdings in Perodua) from the still strong sales of new Myvi, sales of SUV Aruz and the introduction of the newly revamp Alza sometime in the 2H19. Aruz which commands a higher margin compared to other models, will help improve the total profit margin of Perodua (which will flow to MBMR’s bottom line as well).

MBMR is expected to achieve a profit of RM200mil in 2019. At the current share price, the company is being valued at only 5.0x which is a lot lower than the industry average of 15x PE. As an example, UMW (another company with exposure to Perodua) is currently trading at a PE multiple of almost 20x.

Good luck.

Posted by birkincollector > 2019-04-24 19:32 | Report Abuse

"On behalf of the Board of Directors of Eastland, RHB Investment Bank Berhad wishes to announce that the Company proposes to undertake a proposed issuance of up to 20% of the total number of issued ordinary shares in Eastland (“Shares”).

The Company had on 24 April 2019 entered into a conditional share subscription agreement with Lee Chee Kiang, the Managing Director of Eastland, for the proposed issuance of 25,000,000 Subscription Shares, representing approximately 10.18% of the total number of issued Shares."

MD will subscribe 25mil shares at no price discount

Posted by birkincollector > 2019-04-24 19:33 | Report Abuse

time to go up!

Snake

158 posts

Posted by Snake > 2019-04-25 16:53 | Report Abuse

Just the beginning....

Posted by birkincollector > 2019-06-19 20:19 | Report Abuse

10% of PP took up by MD at 0.112, the rest is fixed at 0.087....i think share price will move soon to attract new investors

Posted by birkincollector > 2019-06-27 17:07 | Report Abuse

Good show today. Tmr should continue

dwee

48 posts

Posted by dwee > 2019-07-02 13:13 | Report Abuse

birkincollect ..... don't talk cock ... cork .... coc ..... kork ...... pork ... tork,..... pook .........etc.....

thesteward

6,782 posts

Posted by thesteward > 2020-04-23 16:37 | Report Abuse

So cheap 6 sen

Posted by WangKongsi > 2020-05-16 22:05 | Report Abuse

maybe can try

himbaan

58 posts

Posted by himbaan > 2020-05-23 09:03 | Report Abuse

been dead for the longest time..... the retail side of the money lending / pajak gadai shld be performing

koyokui

1,957 posts

Posted by koyokui > 2020-06-15 11:56 | Report Abuse

Buy eastland strong to rebound

Posted by abc123_2020 > 2020-07-30 11:07 | Report Abuse

EASTLAND coming, MUSA AMAN new CM SABAH

bleuerouge

3,221 posts

Posted by bleuerouge > 2020-08-02 16:30 | Report Abuse

sabah election coming, goreng time?

aman85

169 posts

Posted by aman85 > 2020-08-06 08:53 | Report Abuse

EASTLND telahpun memecahkan garisan menurun 7 tahun (7yrs DTL ) disokong oleh volume yang kuat. Kemudian rehat dua hari dan hari ini sekali lagi memecahkan garisan menurun dengan candle marubozu . Dijangka EASTLND akan membuat kenaikkan untuk satu dua minggu sebelum membuat retracement. EASTLND juga memecahkan aras EMA200 dan dapat dilihat EMA50 sedang menuju ke EMA200 untuk membuat persilangan bullish . Sama-sama kita perhati rapat dan sediakan trading plan. (Sekadar kajian dan pembelajaran). Kajian daru group TCT

https://my.tradingview.com/chart/EASTLND/f2Wtnhkl/

aman85

169 posts

Posted by aman85 > 2020-08-18 11:00 | Report Abuse

volume start come in...up up up

Posted by wenlijianqinyun79 > 2020-08-26 16:14 | Report Abuse

再不买明早料走高了!

Newbrawler

212 posts

Posted by Newbrawler > 2020-08-26 16:20 | Report Abuse

what is this estlnd doing?

Posted by longtermvaluegain > 2020-08-26 16:25 | Report Abuse

Perhas EASTLND will close at 15 sen today.

Posted by longtermvaluegain > 2020-08-26 16:27 | Report Abuse

EastLand Equity Bhd is a Malaysian based investment holding company. The business activity of the firm is operated in leasing and financing, hospitality business, investment properties and property development division. Its portfolio includes project development in Kelantan, Renaissance Kota Bharu Hotel, and shopping complex and condominium. All the activities are functioned through the region of Malaysian.

aman85

169 posts

Posted by aman85 > 2020-08-26 16:32 | Report Abuse

terbaik eastland

aman85

169 posts

Posted by aman85 > 2020-08-26 16:36 | Report Abuse

boleh lagi nak masuk..next resistance at 20c..break 20c become RBS and will shoot up

Posted by longtermvaluegain > 2020-08-26 16:42 | Report Abuse

Keesokan hari akan Gap Up.

Posted by longtermvaluegain > 2020-08-26 16:43 | Report Abuse

Vol hanya 10 mil
esok pagi, 100 mil - 200 mil vol.

Posted by longtermvaluegain > 2020-08-26 16:57 | Report Abuse

who get 14 sen before market close is consider VERY LUCKY today.

aman85

169 posts

Posted by aman85 > 2020-08-26 17:00 | Report Abuse

July 2013 kena goreng up to RM1.31 tuuu..jauh lagi boleh naik ni

Posted by ifcaoperator > 2020-08-26 20:08 | Report Abuse

It will be another GETS and KTB by tommorrow, since market now is having rotational play for penny stock. Strong accumulation today, ready to spike further.

j11an9

126 posts

Posted by j11an9 > 2020-08-26 21:16 | Report Abuse

Got in at 12c.. Hoping for the best.. To the east to the east, all the way to far far east

liong5651

21 posts

Posted by liong5651 > 2020-08-26 23:24 | Report Abuse

Tomorrow hope can buy some

aman85

169 posts

Posted by aman85 > 2020-08-27 08:33 | Report Abuse

kasi limit up la today

HTCS

108 posts

Posted by HTCS > 2020-08-27 09:23 | Report Abuse

0.16 break soon. Fly to sky

KenKen84

285 posts

Posted by KenKen84 > 2020-08-27 09:23 | Report Abuse

Run before follow KTB ... just a joke for goreng ...

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