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

DK66

4,269 posts

Posted by DK66 > 2016-11-08 15:11 | Report Abuse

Isn't oversea markets usually fetching better pricing ?

maelxpdc

761 posts

Posted by maelxpdc > 2016-11-10 10:48 | Report Abuse

ringgit will drop further..accumulate before too late..

whyisme

288 posts

Posted by whyisme > 2016-11-11 10:24 | Report Abuse

welcome to 1.3 back lo

funitec

639 posts

Posted by funitec > 2016-11-15 16:35 | Report Abuse

1.08 Yesterday. Today 1.13. My old buying price. Wonder where the tide will move. I hope higher.Bcos NTA is 1.53:EPS 19.38cents P/E Only 5.83.NO DIVdend. March Qtr earnings HIGHEST EVER.
Party is just beginning. Its a game of nerves in current rainy weather.

feimah

908 posts

Posted by feimah > 2016-11-15 17:08 | Report Abuse

Ahyo, party will come soon but I sold all at 1.15..
Mmmm, I will consider to buy back at lower price..

Posted by underachiever > 2016-11-18 10:57 | Report Abuse

results will be out today?

ccp78789

201 posts

Posted by ccp78789 > 2016-11-21 17:08 | Report Abuse

before 1/12/2016

joni

1,259 posts

Posted by joni > 2016-11-21 18:13 | Report Abuse

sell all ; others can continue.

98zpena

9 posts

Posted by 98zpena > 2016-11-24 10:09 | Report Abuse

Wow.. price shooting up.. any news?

mieco

6 posts

Posted by mieco > 2016-11-24 14:04 | Report Abuse

jz buy

mieco

6 posts

Posted by mieco > 2016-11-24 14:05 | Report Abuse

target price still far to go

Posted by smartInvestor1 > 2016-11-24 14:44 | Report Abuse

TP 1.88

hoby

164 posts

Posted by hoby > 2016-11-24 17:39 | Report Abuse

when people post out this tp and buy buy thing, it is time to sell

mieco

6 posts

Posted by mieco > 2016-11-24 21:45 | Report Abuse

nvm, then u jz wait the news come out

Posted by Tonylim8805 > 2016-11-25 00:08 | Report Abuse

Sold all 40 lots at 1.25 . Bought at 89.5 . Much higher than last Nov , sold at 1.23 . Thanking Mieco and will wait below 1 to start collect again .

5471benl

20 posts

Posted by 5471benl > 2016-11-25 08:42 | Report Abuse

Buy buy buy. Target price 1.60

hoby

164 posts

Posted by hoby > 2016-11-25 09:57 | Report Abuse

everyone need to sell before it's too late

Posted by smartInvestor1 > 2016-11-25 12:06 | Report Abuse

someone sell too early and ask other to sell.. hahaha

hoby

164 posts

Posted by hoby > 2016-11-25 14:04 | Report Abuse

don't always make people lose money la you. bad heart

chriswang

46 posts

Posted by chriswang > 2016-11-25 14:12 | Report Abuse

what news? but i also think something good is coming. the uptrend price is indicating it.

maelxpdc

761 posts

Posted by maelxpdc > 2016-11-25 14:53 | Report Abuse

belum ada signal sell lagi..relax..slagi ringgit masih melemah..hahahaha

ccp78789

201 posts

Posted by ccp78789 > 2016-11-25 17:34 | Report Abuse

q3 result out...

Posted by smartInvestor1 > 2016-11-25 20:44 | Report Abuse

good result. Keep going up

ccp78789

201 posts

Posted by ccp78789 > 2016-11-25 20:51 | Report Abuse

although y-o-y net profit fall to 4.2 from 6.1m..but retained earning increase from 76m to 112m..cash & bank balances from 10m to 17m.. borrowings from 80m decrease to 56m..finance costs from 5.5m to 3.7m..

Max Yong

276 posts

Posted by Max Yong > 2016-11-26 11:52 | Report Abuse

Hello all , did someone notice these lines in the latest QTR?

Quater on review- HIGHER REJECT from production due to ongoing repairs and maintenance to the plant. ( Operation management occuring problems )


Prospect- The group forsee difficult OPERATING conditions and uncertain global economic environment. (This is a strong hints from the board which they self also sense they will not doing well in the near future)


If we refer back to this year all qtr report, from Q1-Q3 most of revenue generated from others market was dropped at least 10 % - 20 %

If we exclude gain on disposal RM 35,000,000 , then whats the real net profit which generating from the business for the current qtr ?

( These all facts are some little observation from the qtr reports by myself , and this comment not indicating any parties to sell or buy. Just a sharing purposes Thanks )

Posted by Godstock88 > 2016-11-26 14:41 | Report Abuse

Anyway dato will accumulate more to privatise this company .
1.55 is on the way

Ong928

45 posts

Posted by Ong928 > 2016-11-26 21:58 | Report Abuse

Partial of the factory was on fire. Thus, higher reject of production. Now, back to normal. More to local market....should be recovering

Posted by Godstock88 > 2016-11-26 22:20 | Report Abuse

Another evergreen in making .

DK66

4,269 posts

Posted by DK66 > 2016-11-27 23:08 | Report Abuse

Dato Ng only get 24k shares from his general offer. That is a very strong hint that the 90 cents offer was way too low. Dato didn't pay RM100m only to get into trouble later. Particle board market is booming with huge demand from china, meddle east, korea and especially Japan preparing for its olympic 2020. The lipis plant is recovering from fire. Compare the results with Q2 will see encouraging signals that 2017 would be the year to look forward to.

hoby

164 posts

Posted by hoby > 2016-11-28 08:59 | Report Abuse

today will red red because more and more tp and buy buy people come out

Ong928

45 posts

Posted by Ong928 > 2016-11-29 12:03 | Report Abuse

Moving north now, Hopefully overcome last year high 1.30. UOB Kay Hian tp 1.33, 1.47

hoby

164 posts

Posted by hoby > 2016-11-29 16:10 | Report Abuse

the moment you north it will go south and it will overcome your high

CUTLOST

5,178 posts

Posted by CUTLOST > 2016-12-08 08:42 | Report Abuse

Mieco chipboard very gd Quality than EVGRN

ktsk88

5,284 posts

Posted by ktsk88 > 2016-12-08 11:02 | Report Abuse

Mieco will be taken private by SYF Resources MD.............hope it merge them together under SYF.

hoby

164 posts

Posted by hoby > 2016-12-13 09:50 | Report Abuse

tq mieco you are the best, all those going north can start head north now

Ong928

45 posts

Posted by Ong928 > 2016-12-14 13:05 | Report Abuse

1.33 this morning. Will go north 1.47 soon, early next year.

angsp

134 posts

Posted by angsp > 2016-12-16 15:02 | Report Abuse

1.41

Ong928

45 posts

Posted by Ong928 > 2016-12-16 16:12 | Report Abuse

Great....

angsp

134 posts

Posted by angsp > 2016-12-28 14:03 | Report Abuse

up down?

Ong928

45 posts

Posted by Ong928 > 2017-01-04 11:19 | Report Abuse

Now looking to go further north.....

Ong928

45 posts

Posted by Ong928 > 2017-01-04 11:43 | Report Abuse

Next to 1.57, hopefully before cny

Ong928

45 posts

Posted by Ong928 > 2017-01-11 16:09 | Report Abuse

Just be aware.... going north soon to rm 1.57 and later 1.66.

Recklesscy

306 posts

Posted by Recklesscy > 2017-01-14 13:03 |

Post removed.Why?

Posted by Investor5711 > 2017-01-17 10:28 | Report Abuse

suddenly huge lot eaten up

Posted by Investor5711 > 2017-01-17 10:33 | Report Abuse

something is brewing

Ong928

45 posts

Posted by Ong928 > 2017-01-18 17:13 | Report Abuse

Brewing ang pau with $$$ for everyone who bought this stock

Ong928

45 posts

Posted by Ong928 > 2017-01-19 10:23 | Report Abuse

Unbelievable mieco ....reaching 1.58 today. Will see big ang pau for cny

angsp

134 posts

Posted by angsp > 2017-01-23 17:09 | Report Abuse

1.61. wow..

power88

1,588 posts

Posted by power88 > 2017-01-23 18:00 | Report Abuse

Next syf..

Ong928

45 posts

Posted by Ong928 > 2017-01-24 07:30 | Report Abuse

Power 88, you are right.

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