MIECO CHIPBOARD BHD

KLSE (MYR): MIECO (5001)

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Last Price

0.705

Today's Change

+0.015 (2.17%)

Day's Change

0.665 - 0.73

Trading Volume

1,450,100


8 people like this.

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

Posted by BrotherLove > 2016-01-15 08:10 | Report Abuse

Today fly, stars aligned....oil rebound, US market bullish

FADER

10 posts

Posted by FADER > 2016-01-15 10:38 | Report Abuse

drop & drop

chl1989

2,552 posts

Posted by chl1989 > 2016-01-15 11:19 | Report Abuse

:) :) :)

Posted by fazlyfaruc > 2016-01-15 12:00 | Report Abuse

drop buy drop buy bross

krusty

17 posts

Posted by krusty > 2016-01-15 12:28 | Report Abuse

gonna drop below RM1 by next week

sbzk

806 posts

Posted by sbzk > 2016-01-15 13:16 | Report Abuse

drop below rm1? i sapu all

Hulk

596 posts

Posted by Hulk > 2016-01-15 15:55 | Report Abuse

1.00 liao...T_T....bigmouse is right....he laugh lough liao lo.

Hulk

596 posts

Posted by Hulk > 2016-01-15 15:58 | Report Abuse

0.985....T_T...no word ....T_T

Posted by Mohd Fahmi Bin Jaes > 2016-01-15 15:59 | Report Abuse

sell before 0.95

skyz

1,650 posts

Posted by skyz > 2016-01-15 16:00 | Report Abuse

sbzk, u manage to sapu or not? RM1 breached, sellers throwing continously, hw much can u absorb? lol

Hulk

596 posts

Posted by Hulk > 2016-01-15 16:03 | Report Abuse

Mohd fahmi Bin Jaes, you got insider new? okay i sold at 0.985...T_T

megapower

124 posts

Posted by megapower > 2016-01-15 16:09 | Report Abuse

market is bad..top up again

ccp78789

201 posts

Posted by ccp78789 > 2016-01-15 16:24 | Report Abuse

enter 2016 market never been good..

megapower

124 posts

Posted by megapower > 2016-01-15 16:24 | Report Abuse

0.995

poor_guys

157 posts

Posted by poor_guys > 2016-01-15 16:29 | Report Abuse

time to top up liao..hahaha..

megapower

124 posts

Posted by megapower > 2016-01-15 16:30 | Report Abuse

cheap...

Posted by Lim Sip Yee > 2016-01-15 19:03 | Report Abuse

really no idea why price so low when nta 1.3+ eps also not so bad and the p/e so low = =

sbzk

806 posts

Posted by sbzk > 2016-01-15 19:19 | Report Abuse

all panic sell of coz so lowla..... A panic B panic C panic then all sell low thats the reason.

Posted by BrotherLove > 2016-01-15 19:29 | Report Abuse

I give love to lim sip yee

DONGFANG

198 posts

Posted by DONGFANG > 2016-01-15 22:21 | Report Abuse

what happened today?

Posted by Laughgaodiemeliao > 2016-01-15 22:22 | Report Abuse

Posted by zbaikitree2 > Jan 7, 2016 09:40 PM | Report Abuse

who want to migrant to holland pls read more Yistock article.

Posted by Laughgaodiemeliao > 2016-01-16 13:38 |

Post removed.Why?

Posted by Laughgaodiemeliao > 2016-01-16 13:39 | Report Abuse

it will drop to below 80c. run for your life.

game over syndicate is my friends. they already fully distributed.

SimonShuet

145 posts

Posted by SimonShuet > 2016-01-16 21:07 | Report Abuse

Many may take position starting next week as mentioned earlier barring any internal political calamity it should have steady outcome.

SimonShuet

145 posts

Posted by SimonShuet > 2016-01-16 21:12 | Report Abuse

For those taking my opinion above, wait for the signal of reversal of Monday to be sure.

Posted by Mohd Fahmi Bin Jaes > 2016-01-16 21:17 | Report Abuse

Go 94cen

chl1989

2,552 posts

Posted by chl1989 > 2016-01-17 10:09 | Report Abuse

Why 94? Not 93? Not 80? Talk some sense plz. :)

chl1989

2,552 posts

Posted by chl1989 > 2016-01-17 10:10 | Report Abuse

This kind of kindergarten comment. Plz la brother. :)

Shrekk

267 posts

Posted by Shrekk > 2016-01-17 11:33 | Report Abuse

He will answer that Malaysia is a free country hence he may comment whatever he wants. Leave the clown alone nobody will bother him.

poor_guys

157 posts

Posted by poor_guys > 2016-01-17 11:40 | Report Abuse

What is the TP for Mieco?

Posted by aries_saham > 2016-01-17 18:01 | Report Abuse

Let MIECO find support first. Let see how bottom it will go. I had hit 2 strong support at 1.05 an 1.03 2 time. Now hit below 1.00.

krusty

17 posts

Posted by krusty > 2016-01-18 10:06 | Report Abuse

i believe the fundamentals of this company will make the shares go back to 70s level!

poor_guys

157 posts

Posted by poor_guys > 2016-01-18 10:07 | Report Abuse

70sen?haha

megapower

124 posts

Posted by megapower > 2016-01-18 11:00 | Report Abuse

Cheapp..

megapower

124 posts

Posted by megapower > 2016-01-18 11:01 | Report Abuse

No need so panic first,we see this coming week.

poor_guys

157 posts

Posted by poor_guys > 2016-01-18 11:07 | Report Abuse

top up more..thanks for selling..haha

SimonShuet

145 posts

Posted by SimonShuet > 2016-01-18 13:04 | Report Abuse

My opinion on below Jan1 still stand. Cut loss if drop below 91.5 this week on prolong pressure.

Stock: [MIECO]: MIECO CHIPBOARD BHD
Jan 1, 2016 06:31 PM | Report Abuse

Nobody can tell from the the chart. But on the logical side the results being in Feb my suspicion is collection if happen will start end of Jan or early Feb. So chances are it will drop fr now till then


Stock: [MIECO]: MIECO CHIPBOARD BHD
Jan 1, 2016 06:10 PM | Report Abuse

Mieco at the edge. 1.05 and 1.03 are very near support. This will mean dropping below the 2 support may be devastating plunge to 99. Very key to stay above. We are sure of one thing, the already hv forex gain in the export exchange

Posted by kokchengkai > 2016-01-18 16:30 | Report Abuse

very good price to buy mieco

Posted by Mohd Fahmi Bin Jaes > 2016-01-18 16:33 | Report Abuse

0.90 more good price

aiboon

296 posts

Posted by aiboon > 2016-01-18 16:46 | Report Abuse

50 cent will be good

Timie

338 posts

Posted by Timie > 2016-01-18 17:14 | Report Abuse

waiting 0.81

Posted by Ezra_Investor > 2016-01-18 18:15 | Report Abuse

I believe Mieco is undervalued at this price.
Let us look back at some of the company's simple fundamentals:

This is not a buy/sell call, buy/sell at your OWN risk. This is merely a reflection of fundamentals.

- Mieco is a beneficiary of low crude oil price and USD forex gain.
- With the First Phase of relocation of the Mieco's Semambu plant should already be completed by year end 2015 according to the management, more production output should be possible (?)
- Company's borrowings are all denominated in MYR, except for 11.494 mil USD term loan (out of 89,438 mil borrowings).
- Deleveraging, like Hevea, Mieco is deleveraging rapidly. Once the borrowing are reduced enough, they are able to trim down the finance cost even further.
- "BDRB" Bandaraya Development Sdn Bhd, acquired Mieco back in 2012, and holds 56% of Mieco's shares. Is there a possibility of synergy between BDRB and Mieco? Mieco may be able to supply fibreboard for BDRB's property (?)
- Mieco's NTA is 1.38. Current price is only 0.94.

Please rectify me if there's any mistake, thank you.

kahfai211

822 posts

Posted by kahfai211 > 2016-01-18 18:22 | Report Abuse

5 cents will be more good

Posted by aries_saham > 2016-01-18 21:31 | Report Abuse

MIECO already hit below 200 SMA la. Pergh... speechless.

Posted by Lim Sip Yee > 2016-01-18 22:12 | Report Abuse

the SMA 200 of mieco is 0.89 :O are you using correct software?

Johnnys

759 posts

Posted by Johnnys > 2016-01-18 22:14 | Report Abuse

tomorrow SMA 200 will be 0.90

Posted by Lim Sip Yee > 2016-01-18 22:14 | Report Abuse

sry recorrect it, is 0.897 :D

red_85

1,259 posts

Posted by red_85 > 2016-01-19 03:55 | Report Abuse

dangerous counter..switch to bigger furniture counter...insider news from someone.

Desa20201956

2,286 posts

Posted by Desa20201956 > 2016-01-19 05:30 | Report Abuse

the market dont work on NTA.
the market work on catalyst. There is none here.

Posted by aries_saham > 2016-01-19 06:39 | Report Abuse

Apologize ...wrong setting. SMA 200 is at 0.897.

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