MEGA FIRST CORPORATION BHD

KLSE (MYR): MFCB (3069)

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Last Price

4.21

Today's Change

+0.05 (1.20%)

Day's Change

4.16 - 4.24

Trading Volume

359,800


17 people like this.

3,695 comment(s). Last comment by BursaVulture 2 weeks ago

stockraider

31,556 posts

Posted by stockraider > 2021-02-08 08:21 |

Post removed.Why?

MM78

604 posts

Posted by MM78 > 2021-02-08 10:14 | Report Abuse

DonSahong Hydropwer station is a cash cow with very high profit margin. The packaging division is exapanding fast.

RJ87

5,134 posts

Posted by RJ87 > 2021-02-08 10:26 | Report Abuse

Insas in my KIV for 3 years...

Same price...I think the reason is they don’t have ANY operating cash...cash pile won’t grow unless investment stock price up...

On the other hand, MFCB cash coming in is above 300mil every year...how to compare?

Currently PB think it’s 35% discount...current price, it’s just 6 years premium, u put 15years DCF, is atleast 100% upside.

pputeh

698 posts

Posted by pputeh > 2021-02-08 12:57 | Report Abuse

Look at Panamy. Has only 60m shares. Price has been 30rm for the past one year. EPS about rm2.00. Div around rm 2.00. Share price no appreciation at all. Paid up small 60M and refuse to declare bonus so is illiquid. Those who have held on to this share have hardly seen price appreciation. Price too high for retail participation. As such MFCB should do a split of 1 into 2 or bonus 1 for 1.

5877max

61 posts

Posted by 5877max > 2021-02-09 00:30 |

Post removed.Why?

Posted by DonWorryBeHappy > 2021-02-09 17:32 | Report Abuse

DonWorryBeHappy Bought some 6.68
12/01/2021 4:08 PM

I plan to hold long term, maybe sell at 9 above

Diogo_Jota

189 posts

Posted by Diogo_Jota > 2021-02-09 23:31 | Report Abuse

Support seems to be at rm7.5 will see.

Jack888

865 posts

Posted by Jack888 > 2021-02-11 16:42 | Report Abuse

RM10 coming soon..
Hope so.

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-02-11 16:51 |

Post removed.Why?

pjseow

2,264 posts

Posted by pjseow > 2021-02-12 08:33 | Report Abuse

Happy new year . Wishing all mfcb shareholders have a prosperous year of the ox.

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-02-12 08:52 |

Post removed.Why?

Kensington

158 posts

Posted by Kensington > 2021-02-12 16:22 | Report Abuse

I like MFCB because its energy sales in Lao PDR is exempted from income tax until the end of the 5th anniversary of the Don Sahabong Plant's commercial operation date. That will potentially make the Co another cash cow and eventually turn it into a dividend stock. It is a gem yet to be rerated in its share price. Gong Xi Fa Cai!

Hafid

1,135 posts

Posted by Hafid > 2021-02-17 14:41 | Report Abuse

DEBT A LOT

RJ87

5,134 posts

Posted by RJ87 > 2021-02-18 10:54 | Report Abuse

Then show me which counter has no debts. =D

Posted by Sphinx88 > 2021-02-19 09:31 | Report Abuse

Morning. May i know when QR come out? Thanks.

RRWin89

503 posts

Posted by RRWin89 > 2021-02-19 14:16 | Report Abuse

im newb. i look at their net income, look at where money come from, i buy, i hold. hehe. go go go MFCB

RRWin89

503 posts

Posted by RRWin89 > 2021-02-19 14:17 | Report Abuse

hard to find consistent, ez income stream

Posted by Bullish2021 > 2021-02-19 14:45 | Report Abuse

D&O and Mfcb owned by same controlling shareholder. D&0 has turbo performance , mfcb is tepid ?

RRWin89

503 posts

Posted by RRWin89 > 2021-02-19 14:57 | Report Abuse

damn. rise like pheonix.

steelman

158 posts

Posted by steelman > 2021-02-21 10:14 | Report Abuse

be a long term investor. sure wont go wrong on mfcb. good mngmt team.

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-02-21 10:25 |

Post removed.Why?

RRWin89

503 posts

Posted by RRWin89 > 2021-02-22 13:14 | Report Abuse

good morning indeed

linjie

187 posts

Posted by linjie > 2021-02-23 19:15 | Report Abuse

when QR result out steve ?

RJ87

5,134 posts

Posted by RJ87 > 2021-02-23 20:25 | Report Abuse

Tmr or day after tmr...

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-02-23 20:31 |

Post removed.Why?

RJ87

5,134 posts

Posted by RJ87 > 2021-02-24 16:32 | Report Abuse

Jeng jeng jeng....

How many here know what's a good or bad quarter report look like?
I think ppl just anyway...hahahahhaa

linjie

187 posts

Posted by linjie > 2021-02-25 09:59 | Report Abuse

this counter mostly uncle and auntie who hold for long term, that's why u see price won't move much, they'll increase dividend to move the market price

kenken85

724 posts

Posted by kenken85 > 2021-02-25 17:33 | Report Abuse

congrats for those who is Holding it. pulled up last minute with counter suspension

chanph

727 posts

Posted by chanph > 2021-02-25 17:41 | Report Abuse

Tomorrow morning suspended. Good news mari kah?

ckchung

55 posts

Posted by ckchung > 2021-02-25 19:43 | Report Abuse

Any good news

chanph

727 posts

Posted by chanph > 2021-02-25 22:07 | Report Abuse

Or possible lucrative contracts

pjseow

2,264 posts

Posted by pjseow > 2021-02-25 23:37 | Report Abuse

Yes. possibly.a press conference announcing another lucrative Hydro electric power plant in Laos. Bonus issue do not need such long suspension from.9.00 am to 12.30pm

pjseow

2,264 posts

Posted by pjseow > 2021-02-25 23:59 | Report Abuse

Another possibility could be the award of 50 to 100 MW LSS4 project . The sharp spike of more than a riggint share prices in the last one month could be another hint that something good is coming. Lets wait and see tomorrow.

probability

14,496 posts

Posted by probability > 2021-02-26 00:35 | Report Abuse

good luck & wish super good news pjseow....

pjseow

2,264 posts

Posted by pjseow > 2021-02-26 01:04 | Report Abuse

Probability, thanks .Do you still keep your mfcb which you bought a year ago?

probability

14,496 posts

Posted by probability > 2021-02-26 01:34 | Report Abuse

Hi pjseow, no i didnt. I sold to buy gloves and other high risk investment to make faster return. I wanted to buy back again when it dropped below 7 but it went up too fast. I have never doubted mfcb as a gem..but only sold to make quicker return to enlarge capital.

It requires lots of patience like you to make big on mfcb

Very good investment to park a big portion of your money n sleep well.

kenken85

724 posts

Posted by kenken85 > 2021-02-26 07:11 | Report Abuse

this suspension is really making excited once more for mfcb. normally its share price up or down I got no feel. but this is a c company that is so low profile it's plastic segment expansion also just mention it in report. what kind of news need suspension.

pputeh

698 posts

Posted by pputeh > 2021-02-26 09:22 | Report Abuse

Am surprised why they suspend to make announcement. Normal announcements don't need suspension. pjseow gd morning & lets hope for super news.

pjseow

2,264 posts

Posted by pjseow > 2021-02-26 10:01 | Report Abuse

pputeh, good morning , lets hope for super good news

pjseow

2,264 posts

Posted by pjseow > 2021-02-26 10:05 | Report Abuse

probability, I hope you also reap the reward of your oil palm plantation investment . The palm oil price is touching all time high of RM 4000.

probability

14,496 posts

Posted by probability > 2021-02-26 10:08 | Report Abuse

yes pjseow, the FFB yield is also improving ...hope the palm oil price sustains:)

Posted by TailWagsDog > 2021-02-26 10:56 | Report Abuse

Its taking a rather long time to make an announcement.

pjseow

2,264 posts

Posted by pjseow > 2021-02-26 11:04 | Report Abuse

Haha, very kan chong . It must be a big announcement with many Q and A . MFCB management may be holding a press conference now.making announcement on last qtr result , new business plus bonus and.right issues. All in.one.

kenken85

724 posts

Posted by kenken85 > 2021-02-26 11:46 | Report Abuse

pjseow also kanjiong. hehe. yup. this is really exciting rather than the share price..

Jilohhuat

177 posts

Posted by Jilohhuat > 2021-02-26 12:29 | Report Abuse

Hope got special dividend

pjseow

2,264 posts

Posted by pjseow > 2021-02-26 12:37 | Report Abuse

MFCB resukt is out. Record profit of 93 million. EPS 19.64 sen.

Posted by i3john2tan > 2021-02-26 12:41 | Report Abuse

And share split 1 to 2

Lioncity

293 posts

Posted by Lioncity > 2021-02-26 12:42 | Report Abuse

Share split, increasing liquidity

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