MBL certainly has the potential especially with current price for palm oil related products. The quarter result before month end is highly anticipated.
The CPKO is decrease but the [share price is reflect by the revenue on the previous quarter] not now. Example the quarter report for 31/12/2016 will be release on end of the February so it is according to CPKO price on 01/10/2016 to 31/12/2016 (For the sale and revenue). If now reduce the CPKO price revenue will affect on 31/03/2017 quarter report. So i will remain at same point, revenue will increase for sure. GOOD LUCK
EVIDENCE : we can use the company who engage in same industry (plantation) as benchmark when they quarter report was release. Example BPLANT(5254), have a look the news http://www.klsescreener.com/v2/news/view/192923
In order to cater for the increasing demands, the Group is looking for a land of at least 10 acres in size adjacent to its current 5 acres production facility in Muar, Johor as the existing factory is almost 90% utilised. The Group expects to incur a capital expenditure of RM10 million, excluding land price, to set up a new factory.
They plan to set up new factory. They plan to grow bigger.
Told you guys already. MBL never lose since listing in Bursa, now win big. TP rm1.67 within 9 months, warrant at least 0.87 sen with 0% premium. If apply 10% premium to warrants, TP for warrants rm1.
The latest QR should encourage more people to buy this counter instead we noticed a lot of people are selling suppressing the market price. Reasons? Lack of confidence that MBL can continue to make more money in the coming QR. EPS 12.8 cents but only declare 2 cents dividend. The Board should have been more shareholders friendly by declaring 3 cents at least.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
noah
408 posts
Posted by noah > 2017-01-17 17:46 | Report Abuse
quite boring for the time being.
one that will make you lose opportunity cost.