MIECO CHIPBOARD BHD

KLSE (MYR): MIECO (5001)

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Last Price

0.70

Today's Change

0.00 (0.00%)

Day's Change

0.695 - 0.705

Trading Volume

697,300


8 people like this.

3,359 comment(s). Last comment by mf 1 week ago

datuk

4,935 posts

Posted by datuk > 2012-10-25 11:39 | Report Abuse

the new investor will be emerged soon but ....i think it's not from the thais.....instead......let your imigination run wild....hhehehe

datuk

4,935 posts

Posted by datuk > 2012-10-25 11:40 | Report Abuse

mieco, meico gua ai lu......

dick yap

10 posts

Posted by dick yap > 2012-10-25 12:06 | Report Abuse

privatize ? who's the buyer ? hahaha

sure88

31 posts

Posted by sure88 > 2012-10-25 13:11 | Report Abuse

wo ai nee .. datuk has spoken.

Posted by Wee Song Teo > 2012-10-25 15:25 | Report Abuse

sounds like you have the info....

Posted by Wee Song Teo > 2012-10-25 15:26 | Report Abuse

still can buy more? lol

erkongseng

3,192 posts

Posted by erkongseng > 2012-10-27 11:41 | Report Abuse

0.47 is good to buy .

petracot

179 posts

Posted by petracot > 2012-10-29 10:14 | Report Abuse

BRDB, the parent company of MIECO is delisted as of today. More attention will now be directed at MIECO which is the only listed vehicle of the ultimate controlling shareholder, Moiz and family. There are several options he can do with MIECO as mentioned previously.

One of the options is to sell the assets and retain the listing status of MIECO. As soon as they have revamped and consolidate all the operations of BRDB, MIECO could be the flagship comapany to house new assets.

These are passing thoughts only. Please, readers are advised to do your own thinking and projection. By the way, MIECO has gone up as much as 30% since it bottomed out at 36.5 sen to hit 47.5 sen today. It is time for the counter take a breather

petracot

179 posts

Posted by petracot > 2012-10-31 12:32 | Report Abuse

As expected, MIECO took a breather and corrected itself 10% down from 47.5 sen to as low as 42.5 sen. Those who are brave might want to re-position themselves for the next leg of movement. Of course, nothing is certain in the stock market; every investor or punter makes intelligent guesses and takes calculated risks.

datuk

4,935 posts

Posted by datuk > 2012-11-01 16:22 | Report Abuse

petracot = mieco professional promoter? hehehehe

petracot

179 posts

Posted by petracot > 2012-11-02 19:22 | Report Abuse

MIECO has bounced back from 42.5 sen to hit intra-day high of 46.5 sen but closed at 45.5 sen today. Investors must take note that the volume is expanding steadily to 700,000 shares today and buyer's rate is at 80%. This simply means people are snapping up whatever shares available but they are not chasing the price. Another words, a group of investors are accumulating MIECO shares!

If this scenario continues for one or two more months, with price holding well and volume keeps rising, all the shares of weak, uncertain or uninformed shareholders will be taken up. I think by then, MIECO is going take off in quite an interesting way.

Rose Eu

436 posts

Posted by Rose Eu > 2012-11-02 20:57 | Report Abuse

Petracot, good observation.

datuk

4,935 posts

Posted by datuk > 2012-11-05 09:57 | Report Abuse

you are absolutely correct, Petracot!!!! i had accumulated 1.2KK units but have to pay up the price since early oct.....otherwise....it's extremely difficult to accumulate further

Henry Lu

51 posts

Posted by Henry Lu > 2012-11-08 21:26 | Report Abuse

no more news....

Posted by investor2012 > 2012-11-16 17:24 | Report Abuse

Petracot: MIECO has been losing money in their earning report. How do you justify that this stock will go up? http://www.tradesignum.com/company/mieco

dick yap

10 posts

Posted by dick yap > 2012-11-22 16:55 | Report Abuse

at least some one talking sense

petracot

179 posts

Posted by petracot > 2012-12-02 17:41 | Report Abuse

Read my previous postings of this forum. It is quite a long story to tell. In short, earning is currently not the main concern but the valuable assets of the company. Much patience is required to realize the value of the assets. Again refer to my earlier postings for the reasoning.

Posted by Chai Hwang > 2013-01-03 15:52 | Report Abuse

why no big action yet?aiiiiii。。。。

datuk

4,935 posts

Posted by datuk > 2013-03-15 09:43 | Report Abuse

I'm breakeven at rm0.3993.......every 1 cent move up will be give profit RM12K....mieco finally comes...

petracot

179 posts

Posted by petracot > 2013-03-15 11:30 | Report Abuse

After a long spell of correction, MIECO seems to be making a come back this morning. Price moves up by 6 sen or 16% to touch high of 42.5 sen per share. Volume spikes up to 2.5 million shares.

I have written about the NAB of MIECO at RM1.54 per share and the possibility of BRDB disposing their 56% stake. The only thing I do not know is the timing of disposal and how close the disposal price would be to the NAB.

At current price of around 40 sen per share, I don't think an investor or punter has anything to lose but more likely something to gain.

tonylim

4,796 posts

Posted by tonylim > 2013-03-15 12:58 | Report Abuse

I got out at 44-45. Market on rotational play.

necro

4,726 posts

Posted by necro > 2013-03-17 13:43 | Report Abuse

After 2years the DAY will come for Mieco...
?....not below than RM1.20 and iCap buy in anticipation ..... will happen...

necro

4,726 posts

Posted by necro > 2013-03-17 13:44 | Report Abuse

Scalping Project ♥♡♥

alenac

2,655 posts

Posted by alenac > 2013-03-17 14:05 | Report Abuse

Early Jan 2013 price surged with vol but dun last. Tomorrow onwards may decide whether going to be a run up or just feeble attempt to push price up by weak holders.

necro

4,726 posts

Posted by necro > 2013-03-17 14:22 | Report Abuse

Alenac lets watch the show..

Posted by Chai Hwang > 2013-03-18 11:13 | Report Abuse

mieco....so quiet today

necro

4,726 posts

Posted by necro > 2013-03-26 15:48 | Report Abuse

wow!!
hold lagi hold lagi...

peanut

62 posts

Posted by peanut > 2013-03-26 16:21 | Report Abuse

cun la....tp saya tak masuk... :(

necro

4,726 posts

Posted by necro > 2013-03-26 16:22 | Report Abuse

TP by my sindycate fren 0.47...

necro

4,726 posts

Posted by necro > 2013-03-26 16:42 | Report Abuse

woi xnak masuk ker?
aku bg maklumat FREE ni???
zzz

peanut

62 posts

Posted by peanut > 2013-03-26 17:04 | Report Abuse

alamakkkkk...lambat terima message da....besok boleh tgk lagi kot.... hehehe....

necro

4,726 posts

Posted by necro > 2013-03-26 18:22 | Report Abuse

Tengok jela...
Nak min cara sindiket pikir pon mst mcm sindiket...
Jgn buat mereka perasan kita collect...buy dalam kuantiti kecil contoh 10lot secara konsisten...

peanut

62 posts

Posted by peanut > 2013-03-26 18:44 | Report Abuse

Haha....harap2 ada chan.....
Ooooo OK..... thanks.......

necro

4,726 posts

Posted by necro > 2013-03-26 18:45 | Report Abuse

Hopefully....

datuk

4,935 posts

Posted by datuk > 2013-03-26 22:15 | Report Abuse

i pray for mieco to break rm0.60 tomorrow....

petracot

179 posts

Posted by petracot > 2013-03-26 22:56 | Report Abuse

There must be a series of positive news flow before MIECO can really take off in a meaningful way. So far, there were only sporadic short-lived rallies in the past one or two years. But not to worry, be patient if you have bought MIECO in the range of 30 to 40 sen. I don't believe anyone in this group will lose any money! Just remember the net asset value of RM1.54; even if MIECO is going for fire sale at 50%, it could easily fetch 80 sen.

tonylim

4,796 posts

Posted by tonylim > 2013-03-26 23:54 | Report Abuse

wa, latok, eh bo.

datuk

4,935 posts

Posted by datuk > 2013-03-27 08:56 | Report Abuse

nothing is impossible in stock market. Afterall, if the investor want to start the business....at least need to put in rm450KK to have mieco production capacity judging from the current land price and equipmne and tinstallation cost.....without considerng the goodwill inherited in mieco's business

datuk

4,935 posts

Posted by datuk > 2013-03-27 08:57 | Report Abuse

hopes to make at least rm200K from mieco...

datuk

4,935 posts

Posted by datuk > 2013-03-27 09:08 | Report Abuse

bought another 500K units at average cost rm0.433...

peanut

62 posts

Posted by peanut > 2013-03-27 09:43 | Report Abuse

alamakkk....turun pulak....

Henry Lu

51 posts

Posted by Henry Lu > 2013-03-27 10:09 | Report Abuse

Datuk bought so many lots, no wonder the price was up!!!

kawelegen

302 posts

Posted by kawelegen > 2013-04-02 09:41 | Report Abuse

Another show today

datuk

4,935 posts

Posted by datuk > 2013-04-02 18:16 | Report Abuse

i just hv 1.7kk units only....a small player in mieco!!!!

Posted by Dondy BC Lee > 2013-04-10 00:49 | Report Abuse

start brewing, may be a privatise victim.
Tp 48 to 55
Buy call if volume increase.

wachin

145 posts

Posted by wachin > 2013-04-17 16:28 | Report Abuse

datuk, when is another show time??

arv18

2,662 posts

Posted by arv18 > 2013-04-17 16:30 | Report Abuse

take it private and put everyone out of their misery. these wealth destroyers. how long does it take to turn around a company? - Should hire that MBF CEO. he seems to know how

arv18

2,662 posts

Posted by arv18 > 2013-04-17 17:16 | Report Abuse

Who is flagging all my comments? Prick!

arv18

2,662 posts

Posted by arv18 > 2013-04-17 17:37 | Report Abuse

What you don't want a CEO who can actually turn around a company. Whilst Datuk Lourdenadin is famous for being a cheapskate, he is certainly a good businessman. Just look at the price chart. http://markets.ft.com/research/Markets/Tearsheets/Summary?s=MBFHLDG:KLS

i would love that to happen to my meico shares. i think i'll keep dreaming tho.

tc2012

362 posts

Posted by tc2012 > 2013-04-28 23:00 | Report Abuse

What happen to this stock ?

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