META BRIGHT GROUP BERHAD

KLSE (MYR): MBRIGHT (2097)

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Last Price

0.145

Today's Change

+0.005 (3.57%)

Day's Change

0.14 - 0.145

Trading Volume

126,700


6 people like this.

1,709 comment(s). Last comment by LeverageLuminary 2 days ago

Posted by LeverageLuminary > 2 months ago | Report Abuse

keep on monitor & accumulate, testing 0.17 resistance....

SBcoffee

78 posts

Posted by SBcoffee > 2 months ago | Report Abuse

Metabright are steady so far , slow & steady win the race

TaiMeiLi

289 posts

Posted by TaiMeiLi > 2 months ago | Report Abuse

It may hover around 15 - 16 cents for the time being before QR comes out, I think ..

Posted by loonisback > 2 months ago | Report Abuse

Slow week...I think mbright gonna hover here for a bit more..

Posted by OptionOracle > 2 months ago | Report Abuse

Still waiting for some good news before its q4 results are out 🙂

Nieto9

211 posts

Posted by Nieto9 > 2 months ago | Report Abuse

Mbright is expected to generate significant monthly recurring rental income estimated at approximately RM691,657.78. Its next QR will be good

Posted by GeraiRamlyburger > 2 months ago | Report Abuse

wah u got insider news? whats the next tp??

Nieto9

211 posts

Posted by Nieto9 > 2 months ago | Report Abuse

Just an estimation after Mbright obtained equipment leasing contract from Australian Copper Mining Firm

Posted by TheVenturer > 2 months ago | Report Abuse

The leasing machinery and equipment valued at up to AUD8 million (approximately RM24.8 million), generating a monthly recurring rental income of AUD0.2 million, equivalent to RM0.7 million per month.

TaiMeiLi

289 posts

Posted by TaiMeiLi > 2 months ago | Report Abuse

By then, Mbright’s net profit for Q4 will exceed RM1 million 🤓

Thealanor

85 posts

Posted by Thealanor > 2 months ago | Report Abuse

Can collect around 0.15-0.16, more project coming in for Metabright this year

Posted by Liquidheart > 2 months ago | Report Abuse

Chart look good lately , got chance to reach 0.17-0.18, next stop 0.20

Posted by OptionOracle > 2 months ago | Report Abuse

Dnt forget that Mbright is a net-cash company and has strong fundamental too

Nieto9

211 posts

Posted by Nieto9 > 2 months ago | Report Abuse

As the Malaysian property market shows signs of recovery, Meta Bright’s strategic positioning in property development and concrete businesses is expected to yield positive results for the company’s financial performance in the coming quarters

SBcoffee

78 posts

Posted by SBcoffee > 2 months ago | Report Abuse

Sit back & drink a cup of coffee, construction is slowly crawling back - Mbright tp 0.20

TaiMeiLi

289 posts

Posted by TaiMeiLi > 2 months ago | Report Abuse

Will Mbright follow construction stocks in their surge ? 😁
https://api.nst.com.my/business/corporate/2024/07/1077687/bursa-malaysia-closes-midday-more-3-year-high-investors-run

Posted by loonisback > 2 months ago | Report Abuse

Metabright can follow up with no problem lah, once hit 0.18 then 0.20 next stop

Posted by OptionOracle > 2 months ago | Report Abuse

In that case, we will need to wait for the next catalyst to push Mbright up ..

Posted by GeraiRamlyburger > 2 months ago | Report Abuse

hold MBRIGHT mid-long term, next resistance 20sen, strong support right now

Nieto9

211 posts

Posted by Nieto9 > 2 months ago | Report Abuse

Hopefully there will be some good news before its Q4 release 🙂

Nieto9

211 posts

Posted by Nieto9 > 2 months ago | Report Abuse

btw, no harm to accumulate before testing to hit 17 cents and then 20 cents

Posted by LeverageLuminary > 2 months ago | Report Abuse

Yep, personally will queue 15 sen, 17 is very big wall & resistance

TaiMeiLi

289 posts

Posted by TaiMeiLi > 2 months ago | Report Abuse

Sounds feasible. I am queueing at 15 cents as well

Thealanor

85 posts

Posted by Thealanor > 2 months ago | Report Abuse

next quarter result should be good for MBRIGHT

Posted by TheVenturer > 2 months ago | Report Abuse

First stop 18sen then next stop for MBRIGHT 20sen, good qr can push further

SBcoffee

78 posts

Posted by SBcoffee > 2 months ago | Report Abuse

Metabright steady so far, sit back & enjoy a cup of coffee

Posted by OptionOracle > 2 months ago | Report Abuse

Slow and steady will bring you great returns in the stock market in the long run. Stay put ~

Posted by loonisback > 2 months ago | Report Abuse

Metabright need to clear 0.16 wall first, some new contract will break the wall

Nieto9

211 posts

Posted by Nieto9 > 2 months ago | Report Abuse

Maybe new contract will be data center related 😁

Posted by GeraiRamlyburger > 2 months ago | Report Abuse

how u know, got insider news issit? btw 15sen is a good entry price now

TaiMeiLi

289 posts

Posted by TaiMeiLi > 2 months ago | Report Abuse

Still queuing at 15 cents 🙂 Let's see can match them tomorrow or not

Thealanor

85 posts

Posted by Thealanor > 2 months ago | Report Abuse

Green week not bad, now just need update from their pharmaceutical and biotechnology hub

Posted by Liquidheart > 2 months ago | Report Abuse

Future is bright with MBright! Collect & wait for next uptrend

Posted by OptionOracle > 2 months ago | Report Abuse

The concrete business is the largest revenue contributor for the company

Posted by OptionOracle > 2 months ago | Report Abuse

and the business will continue to grow due to rising concrete prices
https://thesun.my/local-news/concrete-producers-increase-prices-following-removal-of-diesel-subsidies-GD12557537

SBcoffee

78 posts

Posted by SBcoffee > 2 months ago | Report Abuse

I think next quarter can see the affect of concrete price, now sit back & relax...

Posted by LeverageLuminary > 2 months ago | Report Abuse

keep on monitor & accumulate, testing 0.17 resistance soon

TaiMeiLi

289 posts

Posted by TaiMeiLi > 2 months ago | Report Abuse

Waiting for some good news before QR is released 🙂

Posted by TheVenturer > 2 months ago | Report Abuse

equipment leasing business profit are only showing up on 2025 Q2, I guess we have to wait longer

Posted by loonisback > 2 months ago | Report Abuse

QR is the good news hahaha, back to 1m revenue

Nieto9

211 posts

Posted by Nieto9 > 2 months ago | Report Abuse

Meta Bright aims to secure more contracts in the commercial and industrial buildings (C&I) segment this year for its solar photovoltaics zero capital expenditure (PV zero capex) program

https://thesun.my/business-news/meta-bright-eyes-re-deals-in-commercial-and-industrial-buildings-segment-JN12790229

Posted by OptionOracle > 2 months ago | Report Abuse

Good, waiting for the company to get more solar energy related contracts in the future

Posted by GeraiRamlyburger > 2 months ago | Report Abuse

Old news but I think their property segment can contribute more for upcoming quarters

TaiMeiLi

289 posts

Posted by TaiMeiLi > 2 months ago | Report Abuse

Mbright definitely has good prospects in the RE business 🌞

Nieto9

211 posts

Posted by Nieto9 > 1 month ago | Report Abuse

Not that old, the news was published on 30 July this year

Posted by Liquidheart > 1 month ago | Report Abuse

0.15 support is strong, metabright next stop 0.17-0.18

Thealanor

85 posts

Posted by Thealanor > 1 month ago | Report Abuse

more M&A and contracts for MBRIGHT... even their hotel business is slowly showing up

Posted by OptionOracle > 1 month ago | Report Abuse

Its concrete business will also perform well this year

SBcoffee

78 posts

Posted by SBcoffee > 1 month ago | Report Abuse

Re business are next on the list, Mbright are brewing big behind the scene

Posted by LeverageLuminary > 1 month ago | Report Abuse

if got another new contract, easy turnaround towards 0.20

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