MGB BERHAD

KLSE (MYR): MGB (7595)

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Last Price

0.775

Today's Change

+0.01 (1.31%)

Day's Change

0.765 - 0.79

Trading Volume

45,000


3 people like this.

345 comment(s). Last comment by alfredloo90 6 hours ago

skyea

285 posts

Posted by skyea > 2016-09-14 20:17 | Report Abuse

ML Global said the proposed acquisition would see its order book increase from RM80mil to approximately RM1.60bil.

Mlglobal is a totally different monster now. it needs to be rerated.

thumxj

33 posts

Posted by thumxj > 2016-09-15 23:18 | Report Abuse

It is being re-rated right now.

Posted by Tankhaylong > 2016-11-15 22:36 | Report Abuse

There will be warrant holder meeting on 28/11 to vote on the proposed amendment to the deed poll.One of the proposal is to amend to par value is no longer legally required to be ascribed to the share capital.I think this is unfair to warrant holder,as currently share issued is 89mil & conversion price is RM 0.50.But after new share issue,total share become (89m+268m),but conversion price still remain unchanged.Based on my calculation,the conversion price should be reduce to 89/357x0.50=Rm 0.125.

Posted by Tankhaylong > 2016-11-15 23:39 | Report Abuse

Currently ml global share issued is 89mil
Assume revenue per year is 89mil & profit is 10%,then earning is 8.9mil
Based 10PE
8.9mil x 10PE/ 89mil(share issued)=Rm 1

If LBS award 89mil contract to ml global,it worth RM 1

After acquisition
Total share become (89+268+180)m
LBS need to award 537mil contract to ml global,then it only worth Rm 1

Estimate LBS revenue is 1bil,50% is construction cost,75% of the project award to ml global
1 bil x 50% x 75%=375mil
375m x 10%/537m=Rm 0.70

I stll prefer share issued remain as 89 mil

cstrader

937 posts

Posted by cstrader > 2017-02-12 09:02 | Report Abuse

TP 1.00

cstrader

937 posts

Posted by cstrader > 2017-02-22 20:18 | Report Abuse

Next week

cstrader

937 posts

Posted by cstrader > 2017-02-23 18:43 | Report Abuse

For those want to make some pocket money. BUY cornered stock.

cstrader

937 posts

Posted by cstrader > 2017-02-25 09:18 | Report Abuse

Yesterday test 1.00 Next week cross 1.00. Next wave 1.50

thesteward

6,782 posts

Posted by thesteward > 2017-02-25 16:39 | Report Abuse

agree

Posted by Lui Win Soong > 2017-02-27 14:47 | Report Abuse

The balloon has been punctured

cstrader

937 posts

Posted by cstrader > 2017-02-27 20:56 | Report Abuse

Cornered stock. Self-punctured. So it's a self-correction. Then onward march to cross 1.00 Opportunity to collect again. Shareholders in control of price.

s_id1234

39 posts

Posted by s_id1234 > 2017-03-09 20:40 | Report Abuse

LBS good then MLGLOBAL also good. the boss has good relationship with government and China government . I believe it will announce successful bid of government construction project soon. A big construction company in making

Posted by Victor Chuar > 2017-03-15 00:12 | Report Abuse

fed meeting on wed march 15th - don't rush in to buy!

cckkpr

219 posts

Posted by cckkpr > 2017-03-16 11:06 | Report Abuse

I was thinking of topping up my investment. I am also worried that those vendors who were allotted shares at 67 cents may want to take some profit.

cstrader

937 posts

Posted by cstrader > 2017-03-19 08:13 | Report Abuse

Go ahead. Downside risk minimal. Upside potential. They hold the trump card. Cornered and controlled stock. TP 1.50 in 3 months - maybe shorter.

vyap

452 posts

Posted by vyap > 2017-04-11 17:54 | Report Abuse

tp 1.5 , very soon

cstrader

937 posts

Posted by cstrader > 2017-04-11 19:19 | Report Abuse

On d way

cckkpr

219 posts

Posted by cckkpr > 2017-04-12 11:20 | Report Abuse

no support. Quickie gain.

vyap

452 posts

Posted by vyap > 2017-04-12 15:53 | Report Abuse

On the construction front, the Group has achieved revenue of RM87.89 million in the year 2016.
Following the completion of the acquisition of MITCE, with the combined construction contracts
on hand, the Board expects the construction division will be the main driver of the revenue and
improve the financial performance of the Group in the coming financial year.
With the combined resources, the enlarged group is now equipped with more advanced
machineries and skilled manpower that provide better access to larger scale of business
opportunities and provide the Group with the ability and platform to tender for larger scale of
external construction works. This in turn is anticipated to continue replenish the Group’s order
book and generate earnings.

Premised on the above, the Group is optimistic of its business performance moving forward and
thus is confident of achieving greater results in its financial performance for the financial year
ending 31 December 2017.

Posted by Life1nvest > 2017-04-13 21:15 | Report Abuse

ML Global容光焕发!首炮文章 by 张无忌
http://klse.i3investor.com/blogs/Life1nvest/120633.jsp

Posted by kingoftheworld > 2017-04-18 15:53 | Report Abuse

mlglobal mid term target from rm1.5 to rm2

Posted by LogicTradingAnalysis > 2017-04-18 17:00 | Report Abuse

mlglobal looking good to go higher. might be next kerjaya in the making

Posted by kingoftheworld > 2017-04-19 00:00 | Report Abuse

Mlglobal getting new project soon..once announce easily will up all the ways.dun miss this train..

Posted by LogicTradingAnalysis > 2017-04-19 09:02 | Report Abuse

agree ! today gap up already hint something big !

gohky87

586 posts

Posted by gohky87 > 2017-04-19 09:39 | Report Abuse

Hi Sifu's here I just bought at 1.2 is it still okay or i bought too high?

cckkpr

219 posts

Posted by cckkpr > 2017-04-19 09:48 | Report Abuse

Gohky87, you are buying on emotion. Could have got it for 2 or 3 cents lower.

gohky87

586 posts

Posted by gohky87 > 2017-04-19 09:57 | Report Abuse

Yea when I came in it was already on 1.2 didnt realised it will go down sad..

gohky87

586 posts

Posted by gohky87 > 2017-04-19 10:00 | Report Abuse

But i'm buying to keep it for quite sometime as this stock has good future value.

Posted by kingoftheworld > 2017-04-28 09:53 | Report Abuse

mlglobal today very good..if can substain above 1.2 before closing ..more to go

cstrader

937 posts

Posted by cstrader > 2017-04-29 14:53 | Report Abuse

gohky you smart investor. Next TP 1.50 stock cornered and tightly held. Major shareholders pledge shares and only one objective. Push the price above 2.00

cstrader

937 posts

Posted by cstrader > 2017-05-03 22:06 | Report Abuse

Time to BUY

vyap

452 posts

Posted by vyap > 2017-05-11 19:00 | Report Abuse

sure rocket !

cstrader

937 posts

Posted by cstrader > 2017-05-20 19:26 | Report Abuse

Next TP 1.50

Posted by kingoftheworld > 2017-05-22 18:49 | Report Abuse

Mlglobal result out superby good!!

kenteoh94

1,041 posts

Posted by kenteoh94 > 2017-05-22 19:08 | Report Abuse

Yea so good result.hopefully tml up up

vyap

452 posts

Posted by vyap > 2017-05-22 19:47 | Report Abuse

Fasten ur seatbelt everyone...rocket gonna launch

Posted by ucanttouchme > 2017-05-23 14:17 | Report Abuse

what happened?

Posted by ucanttouchme > 2017-05-24 17:11 | Report Abuse

how?

Posted by kingoftheworld > 2017-05-26 22:58 | Report Abuse

Mlglobal real show on monday~

Posted by Tan Wei Han > 2017-05-27 08:10 | Report Abuse

current outstanding order book to about RM2.08bil....very impressive.Assuming 600mil-700mil per year of revenue, they will be busy for 3 years not inclusive of future orders....Kerjaya V2,0 in making

lsmpro888

253 posts

Posted by lsmpro888 > 2017-05-30 09:48 | Report Abuse

Renewed interest from yesterday's news ?

Posted by ucanttouchme > 2017-05-30 13:25 | Report Abuse

no effect le....

Posted by ucanttouchme > 2017-05-31 10:14 | Report Abuse

dragon fall asleep again

vyap

452 posts

Posted by vyap > 2017-05-31 11:23 | Report Abuse

dragon wake up ady

Lim Wy

51 posts

Posted by Lim Wy > 2017-06-02 16:44 | Report Abuse

glad to help =)

Posted by jimmylee123 > 2017-06-03 00:11 | Report Abuse

LBS doing well and forecast more new property launching means ML Global will get more contract frm LBS. Bright prospect .

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