MUAR BAN LEE GROUP BERHAD

KLSE (MYR): MBL (5152)

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Last Price

0.425

Today's Change

-0.005 (1.16%)

Day's Change

0.425 - 0.43

Trading Volume

115,400


7 people like this.

1,816 comment(s). Last comment by yrhc_eht 1 week ago

MikeyChan

263 posts

Posted by MikeyChan > 2023-12-27 11:01 | Report Abuse

Proton surpasses last year's total sales volume, fueled by the X Series
https://www.nst.com.my/business/corporate/2023/12/986653/proton-surpasses-last-years-total-sales-volume-fueled-x-series

MikeyChan

263 posts

Posted by MikeyChan > 2023-12-27 11:02 | Report Abuse

its revenue generated from Automotive will be improved in the next quarter

ChandranG

383 posts

Posted by ChandranG > 2023-12-27 14:07 | Report Abuse

Oh right, just recall MBL also has dealership for Proton cars

Harim99

130 posts

Posted by Harim99 > 2023-12-28 10:34 | Report Abuse

Perodua punya supplier mengalami masalah. Jadi jualan Proton akan jadi bagus. Ha

https://paultan.org/2023/12/26/daihatsu-to-halt-all-production-in-japan-until-end-jan-2024-perodua-production-reported-to-have-resumed/

ElijahYH

240 posts

Posted by ElijahYH > 2023-12-28 12:15 | Report Abuse

That would be a good news for MBL as its automotive segment contributes the second-most revenue to the company currently

Harim99

130 posts

Posted by Harim99 > 2023-12-28 21:29 | Report Abuse

Proton X50, X70, S70 dan X90. Model mana yg anda gemari? 😁

ChandranG

383 posts

Posted by ChandranG > 2023-12-29 10:52 | Report Abuse

Semua model I suka. Hope got people sponsor me for free. Ha

MikeyChan

263 posts

Posted by MikeyChan > 2023-12-29 15:27 | Report Abuse

Sure, you can get X70 for free if you can well with Maggie mee 😆 Campaign was over btw

https://www.theborneopost.com/2023/08/06/asnih-wins-proton-x70-in-maggi-campaign/

11wenhao11

383 posts

Posted by 11wenhao11 > 2023-12-29 16:40 | Report Abuse

El Niño expected to have minimal impact on palm oil production. Way to calm the market down ..
https://theedgemalaysia.com/node/694502

ryoyagod

192 posts

Posted by ryoyagod > 2024-01-02 16:40 | Report Abuse

new year new movement for palm oil industry. Keep monitoring ~

Posted by CapitalmanS > 2024-01-02 23:33 | Report Abuse

Something good for MBL at 2024 ?

Aubree

197 posts

Posted by Aubree > 2024-01-03 10:21 | Report Abuse

So undervalued this MBL. Price-to-earnings ration only 2.04x currently ..

Harim99

130 posts

Posted by Harim99 > 2024-01-03 11:52 | Report Abuse

Sapu saja. Pasti ada dividen tahun ni

ChandranG

383 posts

Posted by ChandranG > 2024-01-03 15:02 | Report Abuse

I am sure it will shoot up before it releases the q4 result

Oratan

17 posts

Posted by Oratan > 2024-01-03 17:27 | Report Abuse

NTA 0.95, PE only 2, so undervalue. What is the reason? market not looking good at plantation counter now?

yrhc_eht

26 posts

Posted by yrhc_eht > 2024-01-04 08:42 | Report Abuse

Problem is not declaring dividend. Earn a lot also no meaning to shareholders.

ChandranG

383 posts

Posted by ChandranG > 2024-01-04 10:23 | Report Abuse

Hopefully they will declare dividend when their Q4 is announced ..

11wenhao11

383 posts

Posted by 11wenhao11 > 2024-01-04 12:12 | Report Abuse

HLIB Research said it believed that CPO price will remain lacklustre in the next few months, possible until 2Q24, on three accounts, including CPO’s unattractive price discount against soybean oil (US$258/mt in end-2023 vs. 3-month and 6-month average of US$367/mt and US$499/mt, respectively)

https://themalaysianreserve.com/2024/01/04/hlib-research-neutral-on-plantation-buy-calls-for-ioi-corp-hap-seng-plantations/

11wenhao11

383 posts

Posted by 11wenhao11 > 2024-01-04 12:13 | Report Abuse

Palm oil markets slow down a bit, but demand sentiment for palm oil will improve once El Nino’s lagged impact on palm production

Oratan

17 posts

Posted by Oratan > 2024-01-04 15:01 | Report Abuse

ya hopefully, ytd saw one guru say plantation stock always move after CNY

ryoyagod

192 posts

Posted by ryoyagod > 2024-01-05 11:55 | Report Abuse

Hopefully the guru that you mentioned was right about the price movement of plantation stocks 😊

Harim99

130 posts

Posted by Harim99 > 2024-01-05 16:26 | Report Abuse

cuaca memang salah satu faktor yg mempengaruhi pengeluaran dan harga minyak sawit..
https://www.bharian.com.my/bisnes/lain-lain/2024/01/1195704/syarikat-perladangan-sawit-berdepan-cuaca-tidak-menentu

MikeyChan

263 posts

Posted by MikeyChan > 2024-01-08 09:43 | Report Abuse

CPO price surely will shoot up if El Nino phenomenon worsen

ElijahYH

240 posts

Posted by ElijahYH > 2024-01-08 11:53 | Report Abuse

This undervalued stock deserves more attention. NTA = 0.95 and P/E = 2.07x only

Albukhary

3,050 posts

Posted by Albukhary > 2024-01-08 11:56 | Report Abuse

Is ok, just let it continue to hide the shine first, so we can accumulate more.

When the right timing come, it will start to shine bright like a Diamond.
RM1.00 close one eye can achieve.

TopKey

59 posts

Posted by TopKey > 2024-01-08 13:37 | Report Abuse

Ride the CPO trend

ElijahYH

240 posts

Posted by ElijahYH > 2024-01-08 14:26 | Report Abuse

@Albukhary. Agreed, and we need patience too to win this race

Oratan

17 posts

Posted by Oratan > 2024-01-09 03:10 | Report Abuse

so far only jtiasa and inno start moving, hope mbl can follow soon

Harim99

130 posts

Posted by Harim99 > 2024-01-09 12:03 | Report Abuse

MBL perlu satu prince's kiss to wake him up, jajaja

Aubree

197 posts

Posted by Aubree > 2024-01-09 16:50 | Report Abuse

The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with an upward bias next week given the expectations of low output as well as rebound in export demand

Posted by DividendVen > 2024-01-10 15:02 | Report Abuse

MBL also Johor stock ma, should follow move together XD

ryoyagod

192 posts

Posted by ryoyagod > 2024-01-10 15:31 | Report Abuse

Slowly moving up after prolonged consolidation at 44.5 cents there. Nice

ChandranG

383 posts

Posted by ChandranG > 2024-01-10 17:18 | Report Abuse

Trued, DividendVen, Johor-theme stocks are hot recently. Now wait MBL's turn to surge 😁

ElijahYH

240 posts

Posted by ElijahYH > 2024-01-10 19:46 | Report Abuse

Accumulate before it hit 0.50

Oratan

17 posts

Posted by Oratan > 2024-01-11 10:11 | Report Abuse

RHB see more upside risks for the sector now, with the impact of the ongoing El Nino and post under-fertilisation activities in 2021-2022. RHB expect CPO prices to range higher from current levels to above MYR4,000/tonne in 1H24, in anticipation of the El Nino impact on productivity in 2H24F. Rhb maintain our MYR3,900/tonne price assumption for 2024. Our base case: A moderate El Nino, which in previous years had led to a 2-7% decline in PO production. Should the El Nino become a strong one, we would need to relook at our price assumptions.

11wenhao11

383 posts

Posted by 11wenhao11 > 2024-01-11 11:09 | Report Abuse

Malaysian palm oil production in 2024 should come in at 18.75 million tons, amid improving labour conditions, according to MPOB

11wenhao11

383 posts

Posted by 11wenhao11 > 2024-01-11 11:11 | Report Abuse

Exports also are seen at 15.6 million tons versus 15.1 million tons last year, while the price of crude palm oil should range between 3,900-4,200 ringgit per ton. In a nutshell, 2024 is expected to show a better performance with most key indicators improving

https://www.thestar.com.my/business/business-news/2024/01/11/malaysia-palm-oil-board-sees-2024-palm-oil-production-improving



MikeyChan

263 posts

Posted by MikeyChan > 2024-01-11 16:58 | Report Abuse

Slow day for MBL. Keep monitoring and wait for the big funds to come in

Aubree

197 posts

Posted by Aubree > 2024-01-12 11:01 | Report Abuse

Collect again @ 45 cents 😊 let's huat together

ryoyagod

192 posts

Posted by ryoyagod > 2024-01-12 15:24 | Report Abuse

nice one, Aubree. I believe it will shoot up quickly when the funds flow in as its NOSH is quite low

MikeyChan

263 posts

Posted by MikeyChan > 2024-01-15 11:06 | Report Abuse

Great, the government has allocated RM100.0mm to support the Oil Palm Replanting Program Initiative

https://www.malaymail.com/news/money/2024/01/14/deputy-minister-rm100m-oil-palm-replanting-incentive-distribution-one-of-plantation-ministrys-key-projects/112438

Harim99

130 posts

Posted by Harim99 > 2024-01-15 16:08 | Report Abuse

bagus, berita baik utk syarikat minyak sawit hiliran

ElijahYH

240 posts

Posted by ElijahYH > 2024-01-15 17:42 | Report Abuse

Palm oil companies can spend more in buying the equipment from MBL then, hehe

yrhc_eht

26 posts

Posted by yrhc_eht > 2024-01-16 08:39 | Report Abuse

Can any sifu explain what the material litigation MBL is involving?

ChandranG

383 posts

Posted by ChandranG > 2024-01-16 11:25 | Report Abuse

Don't know much about that 'story', but you can try to refer to news posted by The Edge, yrhc_eht. It was due to the LOA or something

Aubree

197 posts

Posted by Aubree > 2024-01-16 14:59 | Report Abuse

Hopefully, that case can be closed early this year ..

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