MGB BERHAD

KLSE (MYR): MGB (7595)

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Last Price

0.765

Today's Change

-0.005 (0.65%)

Day's Change

0.76 - 0.77

Trading Volume

52,400


3 people like this.

344 comment(s). Last comment by fusing79 2 months ago

Posted by Stevecheahsw > 2017-12-29 00:25 | Report Abuse

Slow slow better, Next month 1.80 enough

Ken

678 posts

Posted by Ken > 2017-12-29 08:20 | Report Abuse

Cannot compare Hapseng with Ml Global. Hapseng's boss purchased from market made the price up.ML Global's boss not buying from market,they printed huge shares & ready to sell in the market.They use little fund to push up the share price when not so many shares in the market

Posted by ptransGoGoGo > 2018-01-03 22:47 | Report Abuse

Lim Lit Chek is also selling 10,000,000 units off-market on 29th Nov
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5627697

Posted by ptransGoGoGo > 2018-01-03 22:49 | Report Abuse

Lim Hock San is selling all his direct intrest share which is 4,718,300 units at around rm1.63 per share. They are not stupid, stupid is brewing, could be selling to Sany Group as they want to be benefited together with the joint venture?

Ken

678 posts

Posted by Ken > 2018-01-04 08:20 | Report Abuse

Normally MD will not sell directly to market,this will affect people's confident & share price

Ken

678 posts

Posted by Ken > 2018-01-05 17:40 | Report Abuse

Shouldn't change the name when is good luck

Ken

678 posts

Posted by Ken > 2018-01-09 10:46 | Report Abuse

http://www.enanyang.my/news/20180109/创建集团br-直接与ppa1m打交道/
After spent 2.8mil purchased the company,the target price increase from 1.82 to 2.05,this means the market capital will be increased another 492milx0.23=113mil.I really don't know how they analysis.Anyway as they controlled most of the shares,I think they will push up to 2.05.

Posted by orangbaru77 > 2018-01-10 12:46 | Report Abuse

good job..

Ken

678 posts

Posted by Ken > 2018-01-12 12:37 | Report Abuse

The company NTA are miscalculated,not so high.They should deduct 253mil good will.Good will is not tangible asset.

Posted by Leslie Ong > 2018-01-15 11:17 | Report Abuse

why drop so many

Will911

149 posts

Posted by Will911 > 2018-01-15 18:51 | Report Abuse

Oversold already

Posted by Leslie Ong > 2018-01-15 21:15 | Report Abuse

what you mean?

Posted by Leslie Ong > 2018-01-26 16:39 | Report Abuse

drop again...

Ken

678 posts

Posted by Ken > 2018-02-06 14:53 | Report Abuse

Sold all

Ken

678 posts

Posted by Ken > 2018-02-07 15:35 | Report Abuse

Now only drop.Operator push up & sell slowly

mneo

541 posts

Posted by mneo > 2018-02-24 13:22 | Report Abuse

patient.... this is a good counter...

Posted by Stevecheahsw > 2018-02-27 01:45 | Report Abuse

today or tomorrow out, if Q4 got 12.5M profits the eps also 2.5 cents due to share dilution....

Ken

678 posts

Posted by Ken > 2018-03-04 14:34 | Report Abuse

What is the current PE?If base on Rm 1.66

Total share issued
=494mil +90mil rcps
=584mil

Share capital
585mil x Rm 1.66
=968 mil

Current earning is 6mil per quarter.If earning maintain unchanged,then earning per year is 24mil

PE=968mil/24mil=40

Ken

678 posts

Posted by Ken > 2018-03-10 16:55 | Report Abuse

If earning per year is 24mil,base on PE 15,What is fair value of MGB?

24/585mil=0.041

0.041x15PE=Rm 0.62 per share

s_id1234

39 posts

Posted by s_id1234 > 2018-03-30 11:19 | Report Abuse

Why this stock no support at all ?

Posted by 一針見血 > 2018-03-30 11:40 | Report Abuse

Don't think the price is cheap.Jangan kena trap.
https://www.thestar.com.my/business/business-news/2016/09/14/lbs-bina-streamlines-construction-biz-under-ml-global/
447mil purchased at 0.67.Now the price is 1.36.Still up 100%.
因为两家公司是同一个老板,所以自己买自己公司的新股,真正的价钱肯定比0.67便宜多多。

s_id1234

39 posts

Posted by s_id1234 > 2018-03-30 12:19 | Report Abuse

But RHB Investment target price is 2.05?
http://www.klsescreener.com/v2/news/view/327727

Posted by Stevecheahsw > 2018-03-31 11:45 | Report Abuse

look like one by one fall down.....

Astotti

175 posts

Posted by Astotti > 2018-04-02 23:05 | Report Abuse

back to 6 months low. huh??

Ken

678 posts

Posted by Ken > 2018-04-03 09:49 | Report Abuse

The actual cost for 447mil shares is less than 0.20.MD' s elders son Lim Kim Hoe not even hold a single share.He is ED for this company.Even they sell their 50% of their shares at average price of 0.67,they still can earn more than 100mil.The faster you sell your shares,the more money will be saved.Their alliance will help them sell the shares,so you won't see any director dispose their shares in bursa.

Posted by jordanmaggie61 > 2018-04-03 10:11 | Report Abuse

interesting, haha

Astotti

175 posts

Posted by Astotti > 2018-04-25 15:54 | Report Abuse

Hi Ken, can you further explain how the alliance help him to sell share since he still holding the same share in his account, how he can benefit from this?

s_id1234

39 posts

Posted by s_id1234 > 2018-06-01 18:29 | Report Abuse

Why this stock drop a lot? The latest quarter result eps back to normal. And director is optimistic on the future company performance. few contracts secured earlier has yet to contribute significantly. MGB is one of the stocks highlighted by RHB Investment that worth to invest, sure high growth ahead

Posted by Stevecheahsw > 2018-06-01 23:15 | Report Abuse

next Tuesday go attend AGM

s_id1234

39 posts

Posted by s_id1234 > 2018-06-05 18:30 | Report Abuse

Any good info in AGM? Thanks

Posted by KissKissCookie > 2018-06-06 12:52 | Report Abuse

They reported 1st Qtr 2018 PAT at RM10.1 mil

Hohup

376 posts

Posted by Hohup > 2018-06-12 18:39 | Report Abuse

TQ LTA noticing this stock

s_id1234

39 posts

Posted by s_id1234 > 2018-06-13 22:50 | Report Abuse

Who is LTA?
Recently big bosses work so hard to support the stock, when will it return to its historical high?

Posted by Stevecheahsw > 2018-06-19 22:53 | Report Abuse

Boss Tiap tiap hari beli dekak sana

Ken

678 posts

Posted by Ken > 2018-07-01 18:18 | Report Abuse

After acquisition of MITCE by MGB,LBS & Datuk Lim Lit Chit sold approximately 60mil@0.67 MGB shares to institutions.After that,MD disposed his own shares 4.7mil@1.63 via on/off market & Datuk Lim Lit Chit disposed 10mil@1.63 via off market in early Jan 2018.

LBS purchased approximately 6.5mil@0.815-1.30 this two months recently which believe mostly disposed by institutions.MD also purchase 0.4mil shares from market.Institutions able to sell & LBS able to buy at this price because their cost is 0.67 & below 0.20 respectively.

I believe the selling pressure haven't end yet as LBS rushed to issue Letter of intent (175mil) instead of Letter of Award to support the shares price.In addition,MD hasn't bought back his owm stake which he has sold at 4.7mil@1.63(only buy back 0.4mil)

Datuk Lim Lit Chit is MD's cousin brother and he is believe to be proxy of MD.Those who purchased at 1.63 & some of investors who purchased at 0.67 is alliance to LBS.

Astotti,Late reply to your question.Hope u don't trap in this counter

Posted by Stevecheahsw > 2018-07-28 02:11 | Report Abuse

https://limwy94.wixsite.com/…/singl…/2018/07/18/MGB-Mlglobal

Oliveoil

330 posts

Posted by Oliveoil > 2018-07-31 23:03 | Report Abuse

up up up @yeeling

beatme

26 posts

Posted by beatme > 2018-11-08 15:58 | Report Abuse

nobody follow this stock?

s_id1234

39 posts

Posted by s_id1234 > 2019-03-05 18:06 | Report Abuse

recently everyday also up, today up with extreme high volume. anyone know what happened?

Posted by Stevecheahsw > 2019-08-13 17:25 | Report Abuse

this counter have to wait after wa expired only can see

Ken

678 posts

Posted by Ken > 2019-10-09 10:46 | Report Abuse

I am pretty sure the price will start moving up next week after the obstruction of warrant clear

Posted by Stevecheahsw > 2019-10-09 22:50 | Report Abuse

@ken saw u had follow MGB longtime already. Lol

Posted by Stevecheahsw > 2019-10-09 23:05 | Report Abuse

cannot drop any more, major share holder a lots used margin account. Lol

Ken

678 posts

Posted by Ken > 2019-10-10 11:39 | Report Abuse

Just bought back recently,it seems no more selling pressure.In fact I had cleared all this stock last year Feb.Lol

s_id1234

39 posts

Posted by s_id1234 > 2019-10-10 21:35 | Report Abuse

warrant is not the problem, but profit margin is, last time >5%, now only ~2%, as you can see revenues over quarters are quite ok. I wonder when only can see the benefits of ibs to be reflective in financial results

Ken

678 posts

Posted by Ken > 2019-10-15 10:42 | Report Abuse

Last date for exercise the warrant A is 25/10,probably need to clear exercised warrant,some of them cost is less them 0.60.This is reason why the price drop to 0.62.

James Ng

2,704 posts

Posted by James Ng > 2020-06-27 11:18 | Report Abuse

https://klse.i3investor.com/blogs/general/2020-06-27-story-h1509623019.jsp
[转贴] [MGB BHD:房地产开发业绩的改善减轻了负面影响,并导致PAT的小幅增长] - James的股票投资James Share Investing

Posted by SpicyMcDeluxe > 2020-08-14 15:01 | Report Abuse

kekw

luiws123

175 posts

Posted by luiws123 > 2020-08-14 15:04 | Report Abuse

Unless awarded some contracts, otherwise the price will not go up

tualp

452 posts

Posted by tualp > 2020-08-17 12:57 | Report Abuse

target price 0.85

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