for current business, EPS 70cent, it should worth at least RM10.50 based on PE15, don't forget they got packaging business which will grow 100% by end of 2021 or 2022, of course LSS4 is coming
it is up because it is undervalued. LSS4 or not, this is still undervalued. boss say before win LSS4 is mainly for the popularity, not a high margin project, but it will put MFCB into a new sector and ppl will change its PE to 15-20 rather than now PE of 12.
we'll see the best in the history QTR coming, it secured 4 solar C&I projects with total installed capacity of 16mw, will contribute starting from 2021
Yes, share is cheap but it will never realise its full potential... it will remain cheap unless bonus issue or a clear dividend policy ...but don’t hold your breath
MFCB is undevalue . For a company like mfcb which has never lose money in the last 20 years and has been.growing its revenue and earnings with compounded double digit growth deserve a higher PE than the current PE of 11.The Don Sahong power plant with 25 years agreement provide a stable.cash flow and income while growing its other Solar power and packaging business . Comparing with the current techology.stocks with PE between.50 to 100, mfcb easily.deserve a PE of more than.15.
Steady annual profit of RM300m over the next 25 years is called “limited earnings upside”? Take a look at how much of FCF it gets if they achieve that kind of profit every year & how much dividends it can declare.
Although the earnings is between rm 300 to 330 million per year, its FCF is about rm450 million which.is about rm 1.00 per share .The earlier prediction.of 30 s per share for dividend may not materialise due to heavy investment in packaging and other businesses , I think 20 s per share of dividend should be reasonable
MFCB is one of the 11 stocks recommendrd by IBs that investors should own in 2021. Strong future cash flow, low PE plus good potential growth of its 2 other businesses which is Solar power generation.and packaging. Its founder and CEO mr Goh is ranked 30th richest man in Malaysia with the strong growth in.Market Cap for MFCB and D &O in 2020.
In another 2 to 3 weeks, mfcb will release its Q4 result . Based on.Public invest report, the availability factor for Don Sahong power plant will be higher than 92.2 % since Q4 is wetter than Q3 . The resource division.is also expected to do slightly better than.Q3. I think Q4 will make record profit. Hope it can hit 100 million .
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....
linjie
187 posts
Posted by linjie > 2021-01-21 22:08 | Report Abuse
maybe some ppl already know insider news and keep accmulate