Posted by coffeepimple > 2015-01-23 22:32 | Report Abuse

2 days last minutes push up ady.

Posted by alexchua > 2015-01-26 13:14 | Report Abuse

today no movement = good movement.

Posted by kc3255ck > 2015-01-27 11:17 | Report Abuse

WHAT HAPPEN?? one day drop sapu one week gains??

Posted by alexchua > 2015-01-27 11:47 | Report Abuse

hmm..always up and down this stock . ytd end 3.13. but drop to 2.89 once. need to have strong heart if u hold it. haha

Posted by alexchua > 2015-01-31 12:30 | Report Abuse

goodstock, it is really good stock har ? lol

Posted by kai8994 > 2015-02-16 17:11 | Report Abuse

looking good :) 14c div coming?

Posted by i3i2i1 > 2015-02-25 18:02 | Report Abuse

time for me to look again.. my fav in y2013.. these days chart really nice

Posted by soccerking82 > 2015-02-26 21:36 | Report Abuse

nice qtr report. dividend increase.
Good.

Posted by kai8994 > 2015-02-27 09:44 | Report Abuse

What it needs now is IB's coverage. The fundamental is good and steady, hopefully it will reach its real value soon.

Posted by aa111111 > 2015-03-07 18:50 | Report Abuse

show your colour ................

Posted by i3i2i1 > 2015-03-13 14:49 | Report Abuse

go below RM3 :)

Posted by i3i2i1 > 2015-03-17 17:44 | Report Abuse

got 2.70! but the charts shows downtrend.. looking for its bottom!

Posted by i3i2i1 > 2015-03-18 12:10 | Report Abuse

3 days drop..

Posted by i3i2i1 > 2015-03-19 13:37 | Report Abuse

5 days in red candle!

Posted by i3i2i1 > 2015-03-20 11:13 | Report Abuse

seems support on 2.78

Posted by davors > 2015-03-20 12:29 | Report Abuse

looking at 2.50

Posted by i3i2i1 > 2015-03-25 15:17 | Report Abuse

im waiting too

Posted by Canic > 2015-03-30 23:32 | Report Abuse

:)

Posted by KWTAN > 2015-04-03 17:14 | Report Abuse

im waiting

Posted by davors > 2015-04-06 17:28 | Report Abuse

2.38 coming soon~

Posted by contemplator > 2015-04-09 15:52 | Report Abuse

The lower the better :)

Posted by hng33 > 2015-04-16 10:56 | Report Abuse

Bought Favco at 2.82

Posted by davors > 2015-04-16 21:45 | Report Abuse

good to keep for long term~

Posted by fortunebullz > 2015-04-16 21:47 | Report Abuse

Favco and Muhibah always tango together in O&G!

Posted by hng33 > 2015-04-17 10:04 | Report Abuse

Crude oil is recovering now, above USD 64 now. Favco is good indirect proxy for O&G. In additional, Favco is back by its huge orderbook of more than RM 1 billion, ensure earning visibility for next 2 year + net cash posititon 68sen/share + upcoming dividend 12 sen

Posted by 0192 > 2015-04-28 13:31 | Report Abuse

people are just pushing down and accumulate more and more. LOLzzzz

Posted by 0192 > 2015-04-30 13:17 | Report Abuse

http://www.orientaldaily.com.my/index.php/business/cj2015640

Posted by hng33 > 2015-05-05 17:44 | Report Abuse

Bought more Favco at 2.80

Posted by 0192 > 2015-05-06 07:41 | Report Abuse

TP 3.6?

Posted by Kok Wai > 2015-05-07 19:04 | Report Abuse

Favelle Favco (FFB) is at the forefront of technology with its high-speed
and capacity crane manufacturing. It focusses on niche segments with two well-known
brands, Favelle Favco (offshore cranes) and Krøll (tower cranes). Approximately 89% of
its sales are generated from overseas market. The key catalyst for the growth of its
business will be higher demand for its offshore cranes. Year-to-date, FFB has secured
over RM435m worth of new orders leading to a record high in backlog orders of RM1.2b.

Posted by Kok Wai > 2015-05-07 19:25 | Report Abuse

http://www.bursamarketplace.com/index.php?ch=26&pg=93&ac=9805&bb=research_article_pdf

Posted by hng33 > 2015-05-13 17:01 | Report Abuse

Bought more at 2.83

Posted by hng33 > 2015-05-13 17:40 | Report Abuse

Brent crude oil already gradually climbing up to 67.5 now, favco being major oil services provider for oil shipping crane will be beneficial. Upcoming Quarter result should record at least eps 10sen, and will be declared higher final dividend 12sen

Posted by hong1234 > 2015-05-13 19:06 | Report Abuse

Hng, u r right man. Just read their report, very stable company with increasing earning, revenue, and dividend for the past 10 years. Very undervalued company and the plkus point is favco is harvesting profit now. Will accumulate more while its cheap now, some more bank valued it RM4.6. Buy and keep for retirement. This is a golden egg.

Posted by hong1234 > 2015-05-13 19:08 | Report Abuse

Plus, 12 cent dividend already written in their audited report. Win win to go in. Won't miss the boat this time.

Posted by hng33 > 2015-05-13 22:14 | Report Abuse

Favco is also have very strong balance sheet, it is in net cash position, about 80sen/share

Posted by tonylim > 2015-05-14 00:00 | Report Abuse

Hng33 tq for sharing

Posted by tonylim > 2015-05-14 00:05 | Report Abuse

Roe for last 5 years 14 to 20%

Posted by 0192 > 2015-05-14 07:51 | Report Abuse

see dividend gone up every year.

Posted by 0192 > 2015-05-14 08:36 | Report Abuse

buy and keep for retirement only

Posted by hng33 > 2015-05-18 17:17 | Report Abuse

Brent crude oil almost at US 70, up more than 40%, oil crane builder, favco is due to rebound if it can deliver satisfy Q1 result + upcoming 12sen, almost 4.2% yield now.

Posted by 0192 > 2015-05-20 13:27 | Report Abuse

still expensive, RM2.66 la worth with current oil and economy outlook.

Posted by hng33 > 2015-05-20 20:47 | Report Abuse

Favco continue received order from oil and gas company for it shipping crane.

Posted by SpaceNeedle > 2015-05-20 21:16 | Report Abuse

Even though there is purchase order received, but the amount is just RM85m for past 8 months. How to sustain the current average RM200m per quarter revenue, is there any other income then its core business?

Posted by hng33 > 2015-05-20 22:29 | Report Abuse

The order received is from month Mar, April and up to 20 May

Posted by hng33 > 2015-05-20 22:33 | Report Abuse

With the Brent crude oil rebound back 40% from the low, staying above US 65, it is expected more oil and gas restart the purchase order for shipping crane onwards. Beside crane use for oil and gas, favco is also manufacture crane for infra construction.

Posted by 0192 > 2015-05-21 07:40 | Report Abuse

it's not about brent up/down, it's about all offshore project either being delayed/cancel by Petronas. Even Rapid project being push to 2019. And yes, 2013-2013 being a great year to Favco, but whether thier earning can sustain this year, is a big question due to current economy outlook

Posted by yktay1 > 2015-05-21 08:45 | Report Abuse

Valid points. However, how many companies with recurring turnover of over RM1b is trading at P/E below 10? With net profit margin above 10%, net cash position and positive free cash flow; Add in the 4-5% dividend yield sweetener; Good, focused management and world class business where customers include the world's biggest companies; Not to mention the growing demand for high-spec cranes for taller buildings and more challenging offshore projects. If anything, the current situation is a mere blip in a long bright future for this company. With projects in hand, earnings will most likely be better this year compared to the previous year.

Posted by hng33 > 2015-05-21 10:35 | Report Abuse

Favco have all orderbook more than 1 bilion, it ensure enarning visibility over the next 1 year at least. Favco is niche in global crane market, its product is needed for any infra contruction work and for shipping crane for oil and gas industry. Despite slow down in oil and gas industry, but capex can only reduce but cannot stop oil production.

Posted by 0192 > 2015-05-21 10:47 | Report Abuse

so,mind to share what's short term TP?