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 6 days ago

ChandranG

383 posts

Posted by ChandranG > 2024-03-05 11:49 | Report Abuse

As ElijahYH said, may be FY2024 will have dividend. So hold tight ~

micng582

32 posts

Posted by micng582 > 2024-03-05 17:55 | Report Abuse

Believe in durian power, bought some MBL today

Lenny2k2

74 posts

Posted by Lenny2k2 > 2024-03-05 18:25 | Report Abuse

Good Q4 result but so hard to move up lol

11wenhao11

379 posts

Posted by 11wenhao11 > 2024-03-06 10:27 | Report Abuse

MBL maintains its net cash position. Very solid company

Aubree

197 posts

Posted by Aubree > 2024-03-06 12:07 | Report Abuse

Good news, according to said Bursa Malaysia chairman, the Malaysian palm oil industry is expected to show growth in 2024 in light of recovery in labour supply, improved palm oil price projections and heightened demand from key export destinations

Posted by IvanOnMyOwn > 2024-03-06 20:29 | Report Abuse

can always collect below 0.45

Posted by elhippo2001 > 2024-03-06 21:56 | Report Abuse

Cheap and undervalue, 2024 year for MBL

ryoyagod

192 posts

Posted by ryoyagod > 2024-03-07 11:33 | Report Abuse

Nice, Bursa gives good outlook for palm oil sector in Malaysia. Demand for palm oil machinery will definitely increase

mrkhoi306

41 posts

Posted by mrkhoi306 > 2024-03-07 18:56 | Report Abuse

Old article but a good read - MBL’s History and Milestones in the Palm Kernel Expeller Machines Industry

https://sawitindonesia.com/mbls-history-and-milestones-in-the-palm-kernel-expeller-machines-industry/

ElijahYH

240 posts

Posted by ElijahYH > 2024-03-07 19:05 | Report Abuse

buying interest is gradually escalating. Better accumulate before it hits 0.50 in due course

KarmaS

37 posts

Posted by KarmaS > 2024-03-07 19:43 | Report Abuse

Just keep buy around 0.45, below 0.50 is a no brainer

Harim99

130 posts

Posted by Harim99 > 2024-03-08 10:18 | Report Abuse

perlu sabar semasa melabur kaunter ni. Mcm sy, mujur masuk semasa ia berada 42 sen sana dan masih pegang sampai skrg

11wenhao11

379 posts

Posted by 11wenhao11 > 2024-03-08 18:14 | Report Abuse

good outlook for palm oil industry had been given. Now we just wait this MBL to move up high in one day 🙂

Posted by elhippo2001 > 2024-03-08 18:56 | Report Abuse

Q1 always accumulate period... remaining of 2024 are big year for MBL

TopKey

59 posts

Posted by TopKey > 2024-03-08 19:12 | Report Abuse

Cash is king, Ride the CPO trend, MBL boleh lah!

ChandranG

383 posts

Posted by ChandranG > 2024-03-11 09:55 | Report Abuse

MBL does have RM64.38 million in cash and cash equivalents and also maintains a net cash position. hehe

Aubree

197 posts

Posted by Aubree > 2024-03-11 11:48 | Report Abuse

Higher export revenue from oil palm sector this year

https://www.nst.com.my/business/insight/2024/03/1023959/higher-export-revenue-%C2%A0oil-palm-sector-year

Aubree

197 posts

Posted by Aubree > 2024-03-11 11:51 | Report Abuse

Palm oil industry is about to stage a good show this year 😉 Stay tuned

AlanToast

52 posts

Posted by AlanToast > 2024-03-11 17:29 | Report Abuse

Demand for palm oil is back, so is MBL. Palm oil are going to perform following the upcoming seasonal trend

Posted by Lalaking188 > 2024-03-11 18:10 | Report Abuse

0.40-0.50 is accumulate zone for Mbl, sit back & minum teh ais

ryoyagod

192 posts

Posted by ryoyagod > 2024-03-12 09:26 | Report Abuse

Given that its NTA value exceeds RM1, the current price is still a discounted price

Learner68

46 posts

Posted by Learner68 > 2024-03-12 14:49 | Report Abuse

With sizeable orders, don't know what are the key factors holding up the price.

MikeyChan

263 posts

Posted by MikeyChan > 2024-03-12 16:27 | Report Abuse

Continuously profitable QR and low PE. These are two key factors for MBL to hold up its price 😉

Coleman77

69 posts

Posted by Coleman77 > 2024-03-12 16:49 | Report Abuse

not only palm oil, Mbl got durian plantation also

mrkhoi306

41 posts

Posted by mrkhoi306 > 2024-03-12 17:56 | Report Abuse

Just collect during Q1... Mbl slowly making a comeback

ElijahYH

240 posts

Posted by ElijahYH > 2024-03-13 11:31 | Report Abuse

Its durian plantation will show decent contribution to the company in 2025. Let's look forward to it

Posted by elhippo2001 > 2024-03-13 15:29 | Report Abuse

Cheap & undervalue, dividend + durian plantation profit on the way

KarmaS

37 posts

Posted by KarmaS > 2024-03-13 16:16 | Report Abuse

result is decent, just keep buy around 0.45, below 0.50 is a no brainer

ChandranG

383 posts

Posted by ChandranG > 2024-03-13 16:25 | Report Abuse

CPO prices likely to break RM4.5k per ton in coming months
https://theedgemalaysia.com/node/704290

Harim99

130 posts

Posted by Harim99 > 2024-03-14 11:00 | Report Abuse

cuaca adalah salah satu faktor yg mengurangkan pengeluaran di samping meningkatkan harga minyak sawit ..

curiousq

1,128 posts

Posted by curiousq > 2024-03-14 11:02 | Report Abuse

this counter attracts a lot of bumiputera investora?

TopKey

59 posts

Posted by TopKey > 2024-03-14 15:43 | Report Abuse

Ride the CPO trend & buy some MBL, palm oil is back on track this year

11wenhao11

379 posts

Posted by 11wenhao11 > 2024-03-14 16:06 | Report Abuse

This MBL is still considered cheap, PE is only 5.70x currently

AlanToast

52 posts

Posted by AlanToast > 2024-03-14 16:14 | Report Abuse

cheap indeed, next QR is going to be better too with the upcoming seasonal trend

speakup

27,096 posts

Posted by speakup > 2024-03-15 07:57 | Report Abuse

on the surface MBL does look rather undervalued. why? isit because tak kasi dividend ?
cash per share already 21sen almost half the share price. shocking!

ryoyagod

192 posts

Posted by ryoyagod > 2024-03-15 15:57 | Report Abuse

Yupe, MBL is literally a cash rich company 😃 I expect the company will declare dividend in FY2024

Posted by Lalaking188 > 2024-03-15 16:29 | Report Abuse

Once dividend announce confirm fly lol, collect beforehand first

Aubree

197 posts

Posted by Aubree > 2024-03-15 17:06 | Report Abuse

that's right, better prepare for the imminent breakout or else you will kick yourself 😁😁

Coleman77

69 posts

Posted by Coleman77 > 2024-03-15 17:13 | Report Abuse

ppl in bursa just want to goreng mah, always ignore good fundamental stock

speakup

27,096 posts

Posted by speakup > 2024-03-15 19:49 | Report Abuse

Found out MBL and CBIP are exact same biz. CBIP revenue is 3x larger than MBL but MBL market cap is 6x smaller than CBIP! This means either MBL is undervalued or CBIP is overvalued. Which is which?

speakup

27,096 posts

Posted by speakup > 2024-03-16 10:36 | Report Abuse

CBIP profit is about 3x larger than MBL with very similar margins due to the very similar business. CBIP is trading at 0.8x NTA but MBL is trading at 0.4x NTA only. Return on equity of both is almost same. And CBIP is in a net debt position compared to net cash MBL.
it is very obvious: either MBL is undervalued or CBIP is overvalued. Which is which?

MikeyChan

263 posts

Posted by MikeyChan > 2024-03-18 09:21 | Report Abuse

In terms of share price, MBL way cheaper than CBIP. Plus, MBL is still traded at the price less than its NTA value, more than twofold

MikeyChan

263 posts

Posted by MikeyChan > 2024-03-18 09:21 | Report Abuse

so MBL is undervalue. ha 😄

Posted by elhippo2001 > 2024-03-18 16:04 | Report Abuse

hehehe dont leak the secret.... Mbl is yet undervalued by market as usual

mrkhoi306

41 posts

Posted by mrkhoi306 > 2024-03-18 16:21 | Report Abuse

Just sitback & collect, eventually market will notice since every quarter business are good 😎

ChandranG

383 posts

Posted by ChandranG > 2024-03-18 21:13 | Report Abuse

Current PE of cbip is higher than mbl, btw.

speakup

27,096 posts

Posted by speakup > 2024-03-18 21:25 | Report Abuse

CBIP give a yield of about 3.6% while MBL give 0%. this probably why MBL remains undervalued.

Harim99

130 posts

Posted by Harim99 > 2024-03-19 10:38 | Report Abuse

sabar, MBL kemungkinan besar akan bagi dividen tahun ni

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