MCE HOLDINGS BERHAD

KLSE (MYR): MCEHLDG (7004)

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Last Price

1.50

Today's Change

-0.01 (0.66%)

Day's Change

1.48 - 1.51

Trading Volume

94,400


6 people like this.

570 comment(s). Last comment by cheehong66 4 days ago

SMInvest

384 posts

Posted by SMInvest > 2023-07-25 13:24 | Report Abuse

Silicon Metal Market: Growing Demand for Electronic Devices and Solar Panels to Drive Growth
https://www.linkedin.com/pulse/silicon-metal-market-growing-demand-electronic-devices-melissa-keskar

Stead

170 posts

Posted by Stead > 2023-12-05 16:02 | Report Abuse

When is the EGM?

roger3210

5,151 posts

Posted by roger3210 > 2023-12-06 11:32 | Report Abuse

21/1/2023, Bonus share + bonus warrant coming, and probably strong QR, refer to APM QR which is another car part supplier

Posted by Kongsirezekidq > 2023-12-20 20:23 | Report Abuse

Happy EGM everyone!

troy88

3,087 posts

Posted by troy88 > 2023-12-21 09:16 | Report Abuse

Now only this cunning operator wanna push up like mad after a poor last QR. Was toying with bilis for many months..

faruqie

54 posts

Posted by faruqie > 2023-12-21 22:22 | Report Abuse

all is good except no one wanna talk about mce

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

Master?

klee

3,534 posts

Posted by klee > 2023-12-28 12:07 | Report Abuse

1 for 1 bonus sure push to max,after x lagi push...

Posted by value_seeker > 2023-12-28 13:22 | Report Abuse

Still can up a lot or can not buy?

klee

3,534 posts

Posted by klee > 2023-12-28 15:08 | Report Abuse

hahaha tunggu apa...lagi tunggu lagi lebih mahal

klee

3,534 posts

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

small float easy to mark up.....lets go 3.5

klee

3,534 posts

Posted by klee > 2024-01-02 12:31 | Report Abuse

lets go 3.5

investor77

821 posts

Posted by investor77 > 2024-01-05 15:57 | Report Abuse

Adj price after bonus and warrants is 1.33. So if buy at 3.20, will end up 2 shares, 1 warrant. Warrant value is- estd 50cents, +10% premium. Correct me if wrong

stncws

10,729 posts

Posted by stncws > 2024-01-05 16:03 | Report Abuse

fake bull market.

investor77

821 posts

Posted by investor77 > 2024-01-05 16:51 | Report Abuse

MCE supplier to P2. Bezza and Alza, waiting list more than 6 months. Good potential for its warrants as it is going to be cheap compared to Mother at estd 55 cents compared to 1.33

Posted by value_seeker > 2024-01-05 17:15 | Report Abuse

investor77, how do come up witg ex price 1.33?

hakubasnow

263 posts

Posted by hakubasnow > 2024-01-08 09:30 | Report Abuse

---------------------------------------------
Adjusting shares price for Bonus Issue
---------------------------------------------

(3.08 x 1 existing shares) / 2 [ 1 existing shares + 1 bonus ]

3.08/2 = 1.54

Free Warrant = 1 warrant for 2 existing shares
ex-date = 11/01/24

----------------------------------------------------
Adjusting shares price for Bonus Issue for Warrants
----------------------------------------------------

TX = Theoretical Ex-Price (RM)
P, Cum Price = Closing Price (RM) on last cum date
X = Bonus Warrant (unit)
Y = Holding of existing share (unit)
EP = Exercise Price of Warrant

TX = ( P × Y ) + ( X × EP )
_______________________
Y + X


TX = ( 1.65 × 2 ) + ( 1 × 0.80)
_______________________
2 + 1

TX = 3.30 + 0.80
____________
3

TX = 4.10/3 = 1.36

Reference price for warrant = 1.36 - 0.80 = 0.56

durian1

45 posts

Posted by durian1 > 2024-01-08 10:14 | Report Abuse

Is the price going to fall further today below 1.69?

hakubasnow

263 posts

Posted by hakubasnow > 2024-01-08 10:33 | Report Abuse

@durian1 : I don't think there will be any heavy selling, at least until the ex-date for the warrants which is on 11/01/24. If you sell now you won't be entitled to the warrants knowing that the warrants price is more than 50 sent than the exercise price (0.80)

Cakes Moon

6,930 posts

Posted by Cakes Moon > 2024-01-08 13:06 | Report Abuse

Buy!

mf

29,385 posts

Posted by mf > 2024-01-08 14:45 | Report Abuse

target rm2.40

investor77

821 posts

Posted by investor77 > 2024-01-08 16:30 | Report Abuse

Adj px after bonus warrant at 1.70 is 4.20/3 is 1.40. So Warrant px is estd at 1.40 -80 is 60 cents. Your original cost is 3.40 for 2 000 shares. Now it is 2 x 1.40 + 60, back to your original cost of RM3.40. But, since Co warrants has long maturity of 5 years, it normally trades at 10% premium . So on listing may touch 0.66 cents. My 2 cents opinion.

investorbat

1,448 posts

Posted by investorbat > 2024-01-19 09:11 | Report Abuse

warrant is cheap,if trading at 30% premium around 0.90

klee

3,534 posts

Posted by klee > 2024-01-22 10:04 | Report Abuse

sapu wa

Lpkoh

6 posts

Posted by Lpkoh > 2024-01-22 11:27 | Report Abuse

LU today?

Huat 888

330 posts

Posted by Huat 888 > 2024-01-23 21:07 | Report Abuse

RM1.88 otw

Posted by wallstreetrookieNEW > 2024-01-24 11:18 | Report Abuse

EEV the next growth engine: One of NAP 2020’s objectives was to develop an NxGV tech ecosystem to make Malaysia a regional hub for the production of such vehicles. In this regards, the fast-growing EV segment is gaining its popularity due to various government incentives and more affordable prices. MCE is tapping into the EV space – it holds a Manufacture License and World Manufacturer Identifier (WMI) code to assemble e- motorcycles locally. It has also won a contract to produce the low frequency (LF) antennas for electric motorcycles’ smart key systems in Indonesia.

klee

3,534 posts

Posted by klee > 2024-01-24 12:10 | Report Abuse

Tambah kaw2 wa

klee

3,534 posts

Posted by klee > 2024-01-24 12:34 | Report Abuse

mom at 1.53 n wa at 91 sen means this stock has made a new high...more to come

investorbat

1,448 posts

Posted by investorbat > 2024-01-24 14:54 | Report Abuse

mom at 1.52,at 30% premium wa should trade at 1.10,wa trying to catch up the premium

klee

3,534 posts

Posted by klee > 2024-01-26 10:41 | Report Abuse

sailang wa

klee

3,534 posts

Posted by klee > 2024-01-31 09:21 | Report Abuse

huat ah

klee

3,534 posts

troy88

3,087 posts

Posted by troy88 > 2024-02-05 10:46 | Report Abuse

Still bullish. WA should challenge ATH again soon..

klee

3,534 posts

Posted by klee > 2024-02-08 14:05 | Report Abuse

Good,here still quiet unlike kopitiam.Lol.

mf

29,385 posts

Posted by mf > 2024-02-08 16:18 | Report Abuse

target 2.18

Posted by khatulistiwa8 > 2024-05-06 23:09 | Report Abuse

came here to check out the forum.. discussion seems to have died off. share price also has lost some steam recently.. though still very good from where it started off not too long ago. today got some good news on the sectors.. which shld benefit MCE.
1) Proton records sales of 11,025 units in April, higher by 17.1% y-o-y
https://theedgemalaysia.com/node/710413
2) Perodua eyes 79% jump in exports this year as it introduces more models in Brunei
https://theedgemalaysia.com/node/710504
so ... there's still leg to the rally? building base now? i guess only time will tell.

kritikos

61 posts

Posted by kritikos > 2024-05-09 22:56 | Report Abuse

read the news! Creador aka Brahmal is now a substantial shareholder in MCE.. hosei liao. he must know sth good in the company's future. i just hope there are more news and coverage on the stock so ikan bilis like us can have better information.

icecube

40 posts

Posted by icecube > 2024-05-11 16:41 | Report Abuse

how things have turned... i still remember some some 2+years back, MCE was trading at 6-8x PE while Betamek was at 13-15x. Beta was in favour then. Fast forward, today, Beta is out of favour due to political reasons.. now trading at single digit PE, while it's MCE turn to fly high.. trading at teens PE.. and brahmal is now a substantial shareholder. Goes to show every dog has its day.

Posted by eugenewong794 > 2024-05-11 22:15 | Report Abuse

Which is why I avoid politically linked stocks or companies that rely on gov contracts to be profitable, even if it's flying or great business, cos 1 bad announcement and the share will dump

Posted by cashflowman > 2024-06-25 11:57 | Report Abuse

Poor coming Q3 results ?

Posted by eugenewong794 > 2024-06-28 21:28 | Report Abuse

Okay QR. not bad not great either, if purely look at profits (which is what most retailers do) its dissapointing, but if u dig deeper, the 9MFY24 ocf is ady 30m vs fy2023 ocf 20m, fcf also 9mfy24 7.4m vs fy23 5.2m. Remember creador wouldnt have invested in the counter if it wasnt good

Posted by cashflowman > 2024-06-30 15:46 | Report Abuse

Hopefully with Dr Lee appointment cross border business will expand faster.

SMInvest

384 posts

Posted by SMInvest > 2024-07-01 00:20 | Report Abuse

hold tight

zzprozaz

193 posts

Posted by zzprozaz > 2024-07-10 08:40 |

Post removed.Why?

SMInvest

384 posts

Posted by SMInvest > 2024-07-20 11:33 | Report Abuse

MCE Holdings bags RM19.6 mil contract to supply parts for Perodua’s first EV


19 Jul 2024, 07:28 pm


KUALA LUMPUR: Automotive parts manufacturer MCE Holdings Bhd (KL:MCEHLDG) said it has clinched a RM19.6 million contract to supply electronic and mechatronic components for Perusahaan Otomobil Kedua Sdn Bhd's (Perodua) first electric vehicle (EV).

The components include multimedia display unit, instrument panel cluster, advanced driver assistance system, functional switches and interior lightings, said MCE in a bourse filing.

The three-year contract, it said, will commence in the second quarter of the group’s next financial year ending July 31, 2026.

The project is expected to contribute positively to the earnings of the MCE Group over a 36-month period commencing from the financial year ending July 31, 2026, whilst the estimated total investment cost is RM12.78 million.

“MCE is proud to support Perodua in this significant milestone of launching a national EV, and we are grateful to Perodua for their trust and confidence in us,” said MCE group managing director Dr Goh Kar Chun in a statement.

“This achievement is a testament that we can penetrate the EV market, which holds immense potential, and we are optimistic about further opportunities ahead. Moving forward, we will continue to scale the value chain to deliver higher value and technologically sophisticated products to our clients,” he said.

MCE is an original equipment manufacturer specialising in the full spectrum of design, manufacture and supply of automotive electronics and mechatronic parts for the Malaysian and regional markets, with plants in Johor Bahru and Port Klang.

Posted by Lee Ying Yee > 1 month ago | Report Abuse

all pp kill the mother share ??

Posted by cheehong66 > 4 days ago | Report Abuse

Hello… tomorrow 18/12.. anyone attend the AGM..???

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