MESB BHD

KLSE (MYR): MESB (7234)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.485

Today's Change

0.00 (0.00%)

Day's Change

0.465 - 0.485

Trading Volume

31,500


1 person likes this.

606 comment(s). Last comment by investorbat 2 months ago

Akino Tok Tok

1,244 posts

Posted by Akino Tok Tok > 2019-12-15 06:42 | Report Abuse

Our economics and share market growth ranking no.1 in Asia just because we have good relationship with China, India, Singapore and USA, and, of course a group of marvelous and versatile ministers who can transfer palm oil to golden oil and ordinary car to flying car . So, no need to worry about MESB. Sure, price will fly up to the heaven !

Posted by birkincollector > 2020-04-20 16:29 | Report Abuse

wah apa sudah jadi

bursabull

123 posts

Posted by bursabull > 2020-04-20 17:35 | Report Abuse

Super undervalue stock with NTA 1.04 and PE 6.27, cash per share is 31cents. Update from Tan Soon Hin investment telegram.

Huat 888

330 posts

Posted by Huat 888 > 2020-04-20 20:11 | Report Abuse

ini kalilah..mesb fly to the moon
tp 0.6 warrant 0.3

Posted by birkincollector > 2020-04-21 06:18 | Report Abuse

Should just privatise it

shadowz

711 posts

Posted by shadowz > 2020-04-24 18:23 | Report Abuse

Interesting stock. Good volume with uptrend building, likely to challenge 33-35c next week.

Huat 888

330 posts

Posted by Huat 888 > 2020-04-25 11:19 | Report Abuse

next monday up all the way

shadowz

711 posts

Posted by shadowz > 2020-04-26 00:58 | Report Abuse

NTA at RM 1.04. Current closing price of 29.5c means a 74.5c DISCOUNT to its company NTA.

shadowz

711 posts

Posted by shadowz > 2020-04-26 01:00 | Report Abuse

Net Cash Per Share of 30.9c. THE NET CASH ITSELF IS HIGHER THAN ITS LATEST CLOSING PRICE !!!

shadowz

711 posts

Posted by shadowz > 2020-04-26 01:01 | Report Abuse

Taking a 7-8X Forward PE (50% discounted due to COVID19), would impute a fair price of between 51 - 59c.

shadowz

711 posts

Posted by shadowz > 2020-04-26 01:03 | Report Abuse

This looks very promising

Posted by diehardunited > 2020-04-26 01:03 | Report Abuse

Almost everything in current Covid-19 crisis has been trading at discount of its NTA! Nothing much excitement in this company!

BUT this stock below is even more undervalued and more exciting!
https://klse.i3investor.com/m/blog/fatprofitstock/2020-04-25-story-h1506132918-FORGET_GLOVE_RELATED_PLAY_THIS_STOCK_CAN_RALLY_A_SPIKE_EVEN_MORE.jsp

Keyman188

5,968 posts

Posted by Keyman188 > 2020-04-26 09:28 | Report Abuse

By Marina Emmanuel - April 16, 2020 @ 4:39pm

GEORGE TOWN: Over five decades after it established an investment presence in Malaysia, Hong Kong-based textile and garment manufacturer, Esquel Group is shuttering its operations here.

The company, which touts itself as the world’s largest woven shirt-maker, is expected to part ways with over 2,000 of its Malaysian staff in Penang and Kelantan.

The company has a global headcount exceeding 50,000 with manufacturing facilities in countries such as Vietnam and Sri Lanka.

The New Straits Times sighted a notice on the closure of Esquel Malaysia, which stated that both the factories here would close on June 12.

“Although we have been operating at a loss since 2015, together with your hard work, we have transformed Esquel Malaysia into a 100 per cent localised company with consistent growth in production scale at our Kelantan factory, making it the company with the largest female workforce in the state,” Esquel Malaysia Sdn Bhd general manager Edward Ho said in a letter to all Malaysian employees.

“However, the sudden outbreak of the Covid-19 pandemic has plunged the world into a standstill.

“While dominant Esquel Group Malaysia’s (EGM) output is shipped to the US market, all of our customers have temporarily closed their retail business since March.

“EGM, on one hand, cannot operate under a country-wide Movement Control Order. Our customers, on the other hand, have to put their current orders and future allocations to EGM on hold.

“With the pandemic situation worldwide keep worsening, we simply do not have enough upcoming orders to sustain EGM’s continued operations,” he added.

In its heyday, the Esquel Malaysia (Kelantan) Sdn Bhd boasted a global client list such as Ralph Lauren, Brooks Brothers, Land’s End, Tommy Hilfiger, Hugo Boss, Fred Perry, Marks and Spencer, Banana Republic and J. Crew.

In 2007, Esquel Group, which also produced branded cotton shirts for Burberry, Nike, Lacoste and Nautica, reinvested US$6 million in its Penang facility after an eight-year absence.

At the time, it was announced that the upgrading of the Bayan Lepas facility was to accommodate the bulk of the company’s manufacturing operations which would be transferred from China.

“While we continue observing the MCO (until April 28) in the meantime, both Penang and Kelantan factories will resume working from April 29 to June 12,” Ho said in his letter.

“During this special time, our top priority is the health of you, your family and your welfare.

“A compensation package has been approved by the management of the Esquel Group for your entitled benefits as well as salary payment up to your last day of service, or accordingly to your notice period, whichever is longer,” he added.


##https://www.nst.com.my/business/2020/04/584913/esquel-group-cease-operations-malaysia-after-50-years

thesteward

6,782 posts

Posted by thesteward > 2020-04-26 17:59 | Report Abuse

This stock v undervalue ....
Once covid vaccine found likely won’t be so cheap already

davidkkw79

5,068 posts

Posted by davidkkw79 > 2020-04-28 07:39 | Report Abuse

Cash is king now. Mesb can shoot at to current price because it has not cash 31 sen. If company got many cash, sure can be diamond at the current market now.

shadowz

711 posts

Posted by shadowz > 2020-05-04 19:53 | Report Abuse

consolidate with very attractive price now, should.accumulate at current level for another push to 33c very.soon

Huat 888

330 posts

Posted by Huat 888 > 2020-05-04 21:07 | Report Abuse

buy buy buy..goin to fly to 0.5

volks2

1,116 posts

Posted by volks2 > 2020-05-05 13:32 | Report Abuse

cash per share is 30.9 cents...no reason not to buy it....

Huat 888

330 posts

Posted by Huat 888 > 2020-05-08 21:24 | Report Abuse

accumulate stage ...buy n ride together 1st tp 0.37

volks2

1,116 posts

Posted by volks2 > 2020-05-12 21:52 | Report Abuse

Look at the trend, it will go up soon

Posted by butterflyfly > 2020-05-18 12:09 | Report Abuse

when will start to fly.....

volks2

1,116 posts

Posted by volks2 > 2020-05-19 20:26 | Report Abuse

The only sellers in open market is Dr. Ishan.....headache

ajeng37

79 posts

Posted by ajeng37 > 2020-05-20 22:02 | Report Abuse

Okay...time to sleep

Huat 888

330 posts

Posted by Huat 888 > 2020-05-21 20:56 | Report Abuse

big sharks wanna to scare small fish

ajeng37

79 posts

Posted by ajeng37 > 2020-05-22 16:32 | Report Abuse

Going down like thunder...

volks2

1,116 posts

Posted by volks2 > 2020-06-01 15:27 | Report Abuse

Dr. Ishan already sold all his shares...the only direction for the shares is going up...

xiohai

132 posts

Posted by xiohai > 2020-06-01 15:56 | Report Abuse

bal. 4294 lots at 27 may , why he sell ?

volks2

1,116 posts

Posted by volks2 > 2020-06-10 14:27 | Report Abuse

look like the share is going up now.

Posted by imperiale > 2020-06-10 17:56 | Report Abuse

BUY

ajeng37

79 posts

Posted by ajeng37 > 2020-06-11 16:40 | Report Abuse

Waaa...still got people inside here..?haha

Posted by handsome5555g > 2020-06-13 10:23 | Report Abuse

Buy before fly again next week. Currect price is a bargain. I added more in the red yesterday. Hehehehe

ajeng37

79 posts

Posted by ajeng37 > 2020-06-17 19:49 | Report Abuse

Didn’t see any sign yet

master5h1

10 posts

Posted by master5h1 > 2020-06-18 11:12 | Report Abuse

bila mau bangun hari hari tidur

Musfaz83

619 posts

Posted by Musfaz83 > 2020-06-30 10:09 | Report Abuse

25sen resistance

Musfaz83

619 posts

Posted by Musfaz83 > 2020-07-02 10:36 | Report Abuse

laii

ajeng37

79 posts

Posted by ajeng37 > 2020-07-03 02:49 | Report Abuse

This few days market not bad...this stock won’t make move yet...haiiishhhh

Huat 888

330 posts

Posted by Huat 888 > 2020-07-10 21:17 | Report Abuse

coming..buy n huat together

ajeng37

79 posts

Posted by ajeng37 > 2020-07-15 16:33 | Report Abuse

Sleep all night

ajeng37

79 posts

Posted by ajeng37 > 2020-07-17 09:15 | Report Abuse

150 coming

azta12

5,594 posts

Posted by azta12 > 2020-08-06 09:10 | Report Abuse

collect

Invest123

1,634 posts

Posted by Invest123 > 2020-08-06 10:00 | Report Abuse

Positive momentum

master5h1

10 posts

Posted by master5h1 > 2020-08-06 10:24 | Report Abuse

I want CL at 0.25 also hard

Musfaz83

619 posts

Posted by Musfaz83 > 2020-08-06 12:01 | Report Abuse

target above 30sen

azta12

5,594 posts

Posted by azta12 > 2020-08-06 12:11 | Report Abuse

add before spike to 0.30

Musfaz83

619 posts

Posted by Musfaz83 > 2020-08-06 12:15 | Report Abuse

moving .. asset rm1 what u afraid of ?

Musfaz83

619 posts

Posted by Musfaz83 > 2020-08-06 12:17 | Report Abuse

they shud do fabric face mask oso.. hope they read this msg

azta12

5,594 posts

Posted by azta12 > 2020-08-06 12:20 | Report Abuse

these apparel manufacturer..jerasia & PCCs had move strongly ..mesb is otw

Musfaz83

619 posts

Posted by Musfaz83 > 2020-08-06 12:25 | Report Abuse

wahh logic tu

azta12

5,594 posts

Posted by azta12 > 2020-08-06 12:27 | Report Abuse

NTA is 1.05.. no worry

Post a Comment
Market Buzz