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

CUTLOST

5,178 posts

Posted by CUTLOST > 2016-04-11 23:53 | Report Abuse

New Qtr really dissapointed

hoby

164 posts

Posted by hoby > 2016-04-14 10:51 | Report Abuse

new qtr already released?

john doe

749 posts

Posted by john doe > 2016-04-14 12:03 | Report Abuse

No. usually is around 22/23 May 2016.. I believe CUTLOST referred to Quarter results released in Feb 2016.

john doe

749 posts

Posted by john doe > 2016-04-22 16:51 | Report Abuse

Finally...

kakashit

1,472 posts

Posted by kakashit > 2016-04-29 11:50 | Report Abuse

Im here 插旗

Posted by Ezra_Investor > 2016-05-04 08:22 | Report Abuse

"Almost all existing MFC production capacity was taken up by the marketplace, while demand for particleboard exceeded supply"

Demand exceed supply, same like Heveaboard. Sounds like Mieco is doing really well.

Redpeople

270 posts

Posted by Redpeople > 2016-05-06 09:17 | Report Abuse

bought 825 100lot.. go go go.. mieco got rich money inside de account..

Redpeople

270 posts

Posted by Redpeople > 2016-05-06 09:28 | Report Abuse

Liihen 251.. follow usd theme.. go go go

Redpeople

270 posts

Posted by Redpeople > 2016-05-06 10:44 | Report Abuse

go go go 83c cleared

Redpeople

270 posts

Posted by Redpeople > 2016-05-06 10:46 | Report Abuse

835 cleared.. sell 84c

Posted by danielcctan > 2016-05-06 11:15 | Report Abuse

target price RM 1 and good result release this month end

Redpeople

270 posts

Posted by Redpeople > 2016-05-06 11:54 | Report Abuse

of cuz good result.. sold land.. bye bye 84c.. wait u drop back.. or go up.. another portion 88c.. go go go

hoby

164 posts

Posted by hoby > 2016-05-06 13:30 | Report Abuse

the annual report is good, sold land or not as long as profit yoy then nothing to worry on your holdings

mondrian

381 posts

Posted by mondrian > 2016-05-06 14:29 | Report Abuse

Yupe. Balance sheet is strong after sold the land. Looking forward for greater profitability.

Redpeople

270 posts

Posted by Redpeople > 2016-05-06 15:02 | Report Abuse

down down down.. i want again

mondrian

381 posts

Posted by mondrian > 2016-05-09 09:39 | Report Abuse

In fact, you can collect now. Dont have to wait for it to go down. TP is reasonable.

hoby

164 posts

Posted by hoby > 2016-05-10 11:16 | Report Abuse

cash holding in healthy condition, about 10 million cash in bank

Posted by Jolin Lai Chi Pet > 2016-05-12 06:50 | Report Abuse

will goreng before QR out, i guess it will hit Rm1 before the result out..............

weechin53

1,070 posts

Posted by weechin53 > 2016-05-12 09:52 | Report Abuse

When is QR out?

mondrian

381 posts

Posted by mondrian > 2016-05-12 11:21 | Report Abuse

Last week of the month

mondrian

381 posts

Posted by mondrian > 2016-05-26 13:45 | Report Abuse

Result should be out tomorrow. Good luck.

kakashit

1,472 posts

Posted by kakashit > 2016-05-26 21:57 | Report Abuse

Highlight from the AGM:

1. The huge impairment from K. Lipis plant would not be written back in the near future as a way of prudence measurement

2. Dividend will not be given in the near future in order to conserve cash to expand biz for future growth

Posted by Ezra_Investor > 2016-05-27 15:14 | Report Abuse

Thanks kakashit for the update.

Hulk

596 posts

Posted by Hulk > 2016-05-27 17:28 | Report Abuse

bad result out...bye-bye... mieco

duitKWSPkita

26,756 posts

Posted by duitKWSPkita > 2016-05-27 17:28 | Report Abuse

Ho she liao!!!!!!!!!!!!!!!!

Thanks Mr.Lim to inform me to acquire more before market closed.........

Can sell high next week...................wat a 868% increase.....................laughdie me liao

Hulk

596 posts

Posted by Hulk > 2016-05-27 17:31 | Report Abuse

lihat betul-betul revenue drop....EPS high due to disposal of subsidiary at 35mil.

Hulk

596 posts

Posted by Hulk > 2016-05-27 17:31 | Report Abuse

Take out 35mil, the result is shit.

Winstar

44 posts

Posted by Winstar > 2016-05-27 18:19 | Report Abuse

Their borrowings reduced by 40%.
They are also starting to accumulate cash.
Before was almost nothing, now about 10 million cash
This company owned by Bandaraya

Posted by Ezra_Investor > 2016-05-27 18:28 | Report Abuse

For the first quarter of 2016, Group revenue of RM61.4 million decreased 28% against RM85.5 million a year ago mainly due to lower production output at the Lipis Plant due to a fire that damaged certain machinery. An insurance claim has been submitted for these losses.

chl1989

2,552 posts

Posted by chl1989 > 2016-05-27 21:34 | Report Abuse

Lousy results. Without the gain from sub disposal, it could have been negative.

kakashit

1,472 posts

Posted by kakashit > 2016-05-28 10:54 | Report Abuse

" due to lower production output at the Lipis Plant due to a fire that damaged certain machinery. An insurance claim has been submitted for these losses."

Got fire accident mah, Pohuat Pmetal last time also like that wat

Posted by Ezra_Investor > 2016-05-28 15:02 | Report Abuse

Agree with kakashit.
Sometimes in business, there's are just unexpected factors like this.

Kong Ming

400 posts

Posted by Kong Ming > 2016-06-02 11:49 | Report Abuse

break 0.9 fly to heaven !!!

babypost

207 posts

Posted by babypost > 2016-06-02 14:52 | Report Abuse

fly fly fly

loon737

60 posts

Posted by loon737 > 2016-06-05 04:20 | Report Abuse

rumours saying privatise?

Posted by Mohd Fahmi Bin Jaes > 2016-06-05 06:23 | Report Abuse

no

Posted by mastermarcus > 2016-06-06 09:41 | Report Abuse

What are the rumors then?

Posted by Ezra_Investor > 2016-06-06 17:15 | Report Abuse

I don't quite understand why Mieco's chart is so weak.
High volume breakout few days ago.

Posted by Ronald Ooi Seen Leong > 2016-06-06 17:25 | Report Abuse

Hmm....

john doe

749 posts

Posted by john doe > 2016-06-07 07:45 | Report Abuse

The chart is nice last week... Guessed the big sharks still in discussion... haha... Uncertainties lie ahead esp the UK's EU referendum in another ~ 2 weeks. Best timing should be now! lol...

wakakaka88

779 posts

Posted by wakakaka88 > 2016-06-07 09:51 | Report Abuse

don't miss the train...wakakakakaka

wakakaka88

779 posts

Posted by wakakaka88 > 2016-06-07 12:12 | Report Abuse

sell sell sell...wakakakaka...

sandrakkc

1,014 posts

Posted by sandrakkc > 2016-06-07 14:45 | Report Abuse

Just be patient, the balance sheet is improving, the share price should steadily move up.

wakakaka88

779 posts

Posted by wakakaka88 > 2016-06-07 15:08 | Report Abuse

yes but is still sell sell sell call..wakakakakaka

heng5275

288 posts

Posted by heng5275 > 2016-06-08 09:11 | Report Abuse

Mieco gogogo,ale ale ale~~~

wakakaka88

779 posts

Posted by wakakaka88 > 2016-06-10 09:46 | Report Abuse

ale ale ale also no use...let them sell...wakakakakaka

pro888

182 posts

Posted by pro888 > 2016-06-15 10:36 | Report Abuse

US RM 4.11

john doe

749 posts

Posted by john doe > 2016-06-16 08:35 | Report Abuse

http://klse.i3investor.com/blogs/kakashit/98427.jsp

Mieco:不用出口的出口股

Author: kakashit | Publish date: Wed, 15 Jun 2016, 11:52 PM

wakakaka88

779 posts

Posted by wakakaka88 > 2016-06-20 14:42 | Report Abuse

sell it lower...wakakakaka...no fun just watching..wakakaka

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