I just sit down n wait the company get the solar project and limestone order from AUS. Management has mentioned that they can get 4-5 solar project this year. Packaging business will start to profit this year as the demand is very strong. Lastly, the limestone business can get order from AUS! Hope that company can distribute dividend again in up coming quarters!
Even if the qr is not today, u and I know the result will be magnificent. No matter what, the result will be this week or next week..so is better to hold the shares or else you might miss the boat
Why would u want to move other counter now? Think about it, with all the risks in other counter.. With Mfcb, you already knew their result will be fantastic..and the result will be out this week or next week.
Technical chart today is very interesting, looks like MFCB prepares for rocket up soon.. BO with very low profile but value investor should have noticed this hidden gem.
Don’t forget, this is not the best QR result. Q3 and Q4 will be even better when DS power plant is running above 90% utilisation. EPS can easily above 20 cent per quarter for Q3 and Q4. Annualised EPS can be around 80 cent. MFCB also declared 6 cent dividend this quarter. Consistent earning with high profit margin, consistent positive cash flow with dividend.. what kind of PE will you give? PE 15, RM12. If PE 20, RM16.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Hahaqwe
89 posts
Posted by Hahaqwe > 2020-08-16 14:13 | Report Abuse
I just sit down n wait the company get the solar project and limestone order from AUS. Management has mentioned that they can get 4-5 solar project this year. Packaging business will start to profit this year as the demand is very strong. Lastly, the limestone business can get order from AUS! Hope that company can distribute dividend again in up coming quarters!