MUHIBBAH ENGINEERING (M) BHD

KLSE (MYR): MUHIBAH (5703)

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Last Price

0.85

Today's Change

-0.005 (0.58%)

Day's Change

0.835 - 0.85

Trading Volume

453,300


16 people like this.

3,672 comment(s). Last comment by ming 10 hours ago

pinetree88

332 posts

Posted by pinetree88 > 2020-04-07 15:23 | Report Abuse

Muhibbah didn't rebound much yet compared to other peers. Think looks lots of room to bounce.

pinetree88

332 posts

Posted by pinetree88 > 2020-04-07 15:24 | Report Abuse

Hope FIL stop selling for now. Waiting to cross 1,00 level.

KAQ4468

21,497 posts

Posted by KAQ4468 > 2020-04-07 21:01 | Report Abuse

come la Muhibah ...kasi tegang sikit ....

mau 80 cents termbak back to 2.80 .... 2 ringgit masuk poket

KAQ4468

21,497 posts

Posted by KAQ4468 > 2020-04-07 21:02 | Report Abuse

tongkat ali + minyak belacak + minyak lintah


kasi tembak la

KAQ4468

21,497 posts

Posted by KAQ4468 > 2020-04-07 21:05 | Report Abuse

FIL LIMITED AND PANDANUS PARTNERS L.P. (a substantial shareholder) disposed 1,357,800 shares on 03-Apr-2020.





ini mangkuk apa bodoh arrr ??

2 ringgit time beli kaw kaw ...everyday hantam non stop
ending ....cut loss to 80 cents

Keyman188

5,968 posts

Posted by Keyman188 > 2020-04-08 08:08 | Report Abuse

Aiyo...ini small potato only need your sponsorship.....

From bet in 0.755 to 2.30 untuk makan suap only.....

Really not greedy mahhh......




Posted by KAQ4468 > Apr 7, 2020 9:01 PM | Report Abuse

come la Muhibah ...kasi tegang sikit ....

mau 80 cents termbak back to 2.80 .... 2 ringgit masuk poket

KAQ4468

21,497 posts

Posted by KAQ4468 > 2020-04-08 11:57 | Report Abuse

sudah mari sudah mari

KAQ4468

21,497 posts

Posted by KAQ4468 > 2020-04-08 11:58 | Report Abuse

mau 80 cents termbak back to 2.80 .... 2 ringgit masuk poket la

Trouble Huat

1,199 posts

Posted by Trouble Huat > 2020-04-08 17:53 | Report Abuse

sold 93 cent. hehe. enough le

KAQ4468

21,497 posts

Posted by KAQ4468 > 2020-04-09 09:19 | Report Abuse

93 cents this week

2 ringgit next year


kikikikiki ....layan layan

Lucky81

495 posts

Posted by Lucky81 > 2020-04-09 09:27 | Report Abuse

snail, look at uwc frontken scib

Lucky81

495 posts

Posted by Lucky81 > 2020-04-09 15:01 | Report Abuse

music stop?

KAQ4468

21,497 posts

Posted by KAQ4468 > 2020-04-09 15:13 | Report Abuse

mariiii


sudah mariiiiiii


wakakakakakakayaaaaa

KAQ4468

21,497 posts

Posted by KAQ4468 > 2020-04-09 15:13 | Report Abuse

80 cents back to RM2.80

stainlyho37

2,275 posts

Posted by stainlyho37 > 2020-04-09 15:13 | Report Abuse

ok..look at MBSB now !!!!

KAQ4468

21,497 posts

Posted by KAQ4468 > 2020-04-09 15:13 | Report Abuse

apa lagi mau ????

kikikikiki

KAQ4468

21,497 posts

Posted by KAQ4468 > 2020-04-09 15:14 | Report Abuse

mau 80 cents termbak back to 2.80 .... 2 ringgit masuk poket la

Keyman188

5,968 posts

Posted by Keyman188 > 2020-04-09 15:28 | Report Abuse

Aiyo...so little up only mahhh.....

Not much excited....kekeke...kekeke...kekeke......

limitupupup

1,466 posts

Posted by limitupupup > 2020-04-09 15:41 | Report Abuse

What I can advise is dont chase high....

KAQ4468

21,497 posts

Posted by KAQ4468 > 2020-04-09 15:42 | Report Abuse

high is above 2 ringgit

Lucky81

495 posts

Posted by Lucky81 > 2020-04-09 15:49 | Report Abuse

Disclamer:Please remember that past performance may not be indicative of future results.

Lucky81

495 posts

Posted by Lucky81 > 2020-04-09 15:50 | Report Abuse

Like BAT will never go back to RM70

KAQ4468

21,497 posts

Posted by KAQ4468 > 2020-04-09 15:59 | Report Abuse

kah kah kah

KAQ4468

21,497 posts

Posted by KAQ4468 > 2020-04-09 16:00 | Report Abuse

so all the dropping price within market crash will not back to original price ???????????

so naïve


"Disclamer:Please remember that past performance may not be indicative of future results"



kah kah kah

Acon888

144 posts

Posted by Acon888 > 2020-04-09 16:02 | Report Abuse

at least 1.20 la

KAQ4468

21,497 posts

Posted by KAQ4468 > 2020-04-09 16:02 | Report Abuse

aiyooo ammaa apaaaa

so many naïve kid around

newbie ....

Acon888

144 posts

Posted by Acon888 > 2020-04-09 16:17 | Report Abuse

sohai

Lucky81

495 posts

Posted by Lucky81 > 2020-04-09 16:35 | Report Abuse

need to see how the business, if business not good,how to return.

KAQ4468

21,497 posts

Posted by KAQ4468 > 2020-04-09 16:40 | Report Abuse

if not good , why must @ RM2 before global market crash ??

why not @ 40 cents or 30 cents before market crash ???

kah kah kah



learn more kid

Keyman188

5,968 posts

Posted by Keyman188 > 2020-04-09 16:56 | Report Abuse

Nvm lahhh....

If go back target then sell lorr....

If touch back desire entry level then buy lorr.....

Adik ini tak tau main saham, baru belajar dari sini semua Sifu mahh.....

Lucky81

495 posts

Posted by Lucky81 > 2020-04-09 17:12 | Report Abuse

T_T loss 55 million?

Primeinvestor

1,454 posts

Posted by Primeinvestor > 2020-04-10 08:32 | Report Abuse

super oversold, this stock should be 1.50

Keyman188

5,968 posts

Posted by Keyman188 > 2020-04-10 08:49 | Report Abuse

Saudi-Russia Oil Deal Under Threat as Mexico Walks Out of OPEC+ Talks

(April 9, 2020, 11:14 PM GMT+8 Updated on April 10, 2020, 7:43 AM GMT+8)

An agreement between Saudi Arabia and Russia for record oil-production cuts was endangered late on Thursday as Mexico refused to participate in the curbs and left the meeting without approving the deal.

Ministers will continue to discuss ways to secure the Latin American country’s approval on Friday, delegates said. The situation, which came after more than 9 hours of talks via video link, cast doubt over a global effort to revive the oil market from a debilitating coronavirus-induced slump.

Earlier on Thursday, OPEC+ had tentatively agreed to cut production by about 10 million barrels a day in May and June, delegates said. Saudi Arabia and Russia, the biggest producers in the group, would each take output down to about 8.5 million a day, with all members agreeing to cut supply by 23%, one delegate said.

Attention should have turned on Friday to the Group of 20 energy ministers meeting. A contribution from major producers including the U.S. and Canada -- possibly as much as 5 million barrels a day of further supply reductions -- could boost efforts to revive prices after the initial OPEC+ agreement failed to push crude higher on Thursday.

The dogged refusal of Mexico’s Energy Secretary Rocio Nahle Garcia to accept the production level proposed for her country as part of the deal upended that schedule.

Political Pressure

The unexpected setback doesn’t change the urgent need for the Organization of Petroleum Exporting Countries and its allies to reduce production. Oil’s spectacular price crash this year has threatened the stability of oil-dependent nations, forced major companies such as Exxon Mobil Corp. to rein in spending and risked the very existence of small independents.

The cartel has been put under intense pressure by President Donald Trump -- who spoke with the leaders of Russia and Saudi Arabia by phone on Thursday -- and American lawmakers, who fear thousands of job losses in the U.S. shale patch.

“Both Saudi and Russia were going to have to cut anyway, and these cuts allow them to win political points too,” said Amrita Sen, chief oil analyst at consultant Energy Aspects Ltd.

While the headline cut equates to a reduction of about 10% of global supply, it makes up just a fraction of the demand loss, which some traders estimate at as much as 35 million barrels a day.

Brent dropped 4.1% to $31.48 a barrel in London. Prices have tumbled by half this year as the spread of the coronavirus coincided with a bitter price war that saw producers flood the market.

“Covid-19 is an unseen beast that seems to be impacting everything in its path,” Mohammad Barkindo, secretary-general of the Organization of Petroleum Exporting Countries, said in a speech at the online gathering. “The supply and demand fundamentals are horrifying” and the expected oversupply, particularly in the second quarter, is “beyond anything we have seen before.”

Barkindo urged action to tackle the growing surplus, which he estimated at 14.7 million barrels a day in the second quarter. And he wants action not only from OPEC+ producers but from nations beyond the alliance.

Russia has insisted that the U.S. in particular do more than just let market forces reduce its record production. Trump, meanwhile, has said America’s cut will happen “automatically” as low prices put shale in dire straits, a sentiment reiterated by his energy secretary on Thursday.

America welcomed the OPEC+ cuts, saying it would send a signal that all major oil-producing countries will respond in an orderly manner to market realities caused by the virus, a senior administration official said.

Tapering Off

OPEC+’s tentative plan would see the output curbs tapering off after two months, depending on the evolution of the coronavirus. The 10 million-barrel-a-day cut may shrink to 8 million a day from July and then 6 million a day from January 2021, according to one delegate.

Saudi Arabia will apply its reduction to a production level of about 11 million barrels a day, a delegate said. That’s lower than recent output levels, which rose above 12 million a day in early April. Russia would curb its supply by a similar level.


##https://www.bloomberg.com/news/articles/2020-04-09/opec-agrees-on-deep-oil-output-cuts-to-fight-market-slump?srnd=premium-asia

GreenTrade

651 posts

Posted by GreenTrade > 2020-04-10 10:29 | Report Abuse

https://drive.google.com/file/d/1I6-pp1-MrRwqvaqWOXdaneDiBEpm6Ikb/view?usp=sharing

Muhhibah featured on the weekly report this Sunday.

Cheers :)

KAQ4468

21,497 posts

Posted by KAQ4468 > 2020-04-10 10:37 | Report Abuse

peewwitttttt

KAQ4468

21,497 posts

Posted by KAQ4468 > 2020-04-10 10:39 | Report Abuse

mau 80 cents tembak back to 2.80 .... 2 ringgit masuk poket la

uptrending

1,852 posts

Posted by uptrending > 2020-04-10 11:59 | Report Abuse

This syndicate is powerful...
Maybe looking for water fish now..
It makes FIL Ltd stupid as they sold at 70+,80+,90+...which they bought 2+

Will FIL comes in and sell down?

uptrending

1,852 posts

Posted by uptrending > 2020-04-10 12:21 | Report Abuse

Very clever, push just b4 Easter. FM have gone for holidays.

Monday afternoon they will be back and see what happened, maybe this afternoon?

uptrending

1,852 posts

Posted by uptrending > 2020-04-10 18:55 | Report Abuse

The consolidated account of Muhibbah, consolidated with its 59.2%subsidiary, Favco, has a cash of rm606 million and total borrowings of rm515 million. If taking away the account of Favco which has a net cash of approx rm200 million, Muhibah construction will has a net debt of approx RM100 million. However, its associate, SCA (Cambodia Airport) is cash rich.

There are challenges on economic downturn. The construction business, mainly in marine engineering and upstream oil and gas, its outstanding order book will only last one year. It has 580 staffs mainly engineers.

The provisions for a total of rm120m are for cost overrun for the Dubai Project and the Bintulu port project which was cancelled by the PH govt.
How sure these could be written back?

uptrending

1,852 posts

Posted by uptrending > 2020-04-10 18:57 | Report Abuse

value_invest,

"In the meeting, indications are that Muhibbah's French partner Vinci SA are being invited to participate in the building of the new airports in Cambodia."

Can you please quote your source?

I read from news report that they have signed an MOU for further discussion. Nothing is disclosed and firmed.

uptrending

1,852 posts

Posted by uptrending > 2020-04-10 19:14 | Report Abuse

Muhibah is under valued at current price. What puzzled me is why this FIL Ltd kept coming in to sell? One of its FM JP Morgan also sold on the 6th and 7th @80+,90+cent.

Has FIL Ltd finished selling? They still hold some 7.179 % or more than 34 million shares..

ragesliew

87 posts

Posted by ragesliew > 2020-04-11 00:16 | Report Abuse

FIL has Been selling daily.
Muhibah Yard stop working since 18th March, no approval to open.
Cambodia AirPort also not doing well, Flights grounded.

NTA high, but Stock Price been bashed down

KAQ4468

21,497 posts

Posted by KAQ4468 > 2020-04-11 13:16 | Report Abuse

Eish eish eish

Keyman188

5,968 posts

Posted by Keyman188 > 2020-04-11 13:51 | Report Abuse

l foresee very close to peak price ready for short period of this time...

Most likely will adjust pricing in the coming week...

So long as not dip below 0.86 then got chance rebound back between 1.10 ~ 1.20 between...

KAQ4468

21,497 posts

Posted by KAQ4468 > 2020-04-11 22:04 | Report Abuse

Sure smile one

KAQ4468

21,497 posts

Posted by KAQ4468 > 2020-04-11 22:06 | Report Abuse

Construction trending



Muhibah ... Ekovest ... MRCB



Road To RM Million

yuenkl

314 posts

Posted by yuenkl > 2020-04-11 22:16 | Report Abuse

I think Monday will fly, agree?

yuenkl

314 posts

Posted by yuenkl > 2020-04-11 22:17 | Report Abuse

At least up to 1.25, any opinion on this?

uptrending

1,852 posts

Posted by uptrending > 2020-04-12 19:10 | Report Abuse

Last Friday formed a Spinning Top, likely to trend down

KAQ4468

21,497 posts

Posted by KAQ4468 > 2020-04-12 20:53 | Report Abuse

Wowwww ... Spinning top formed ..

Apa macam itu spinning top movement ????

First time dengar wooooo in my life


Mana belajar arrrr ????

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