MALAKOFF CORPORATION BERHAD

KLSE (MYR): MALAKOF (5264)

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Last Price

0.84

Today's Change

0.00 (0.00%)

Day's Change

0.84 - 0.845

Trading Volume

113,800


9 people like this.

6,839 comment(s). Last comment by fruitcake 47 minutes ago

mdrizal

93 posts

Posted by mdrizal > 2015-12-31 22:39 | Report Abuse

Why this counter should be down while oil price is low? What is the relevant?

vews08

494 posts

Posted by vews08 > 2016-01-05 21:37 | Report Abuse

I dont have e-dividend. May I know any one of you already receive the dividend by mail?

Posted by asrimusa > 2016-01-06 18:24 | Report Abuse

I also don't have e-dividen & not receive yet, still waiting for the cheque by mail

Beza

1,847 posts

Posted by Beza > 2016-01-07 17:00 | Report Abuse

Yes, I received dividend on 28, Dec.

CUTLOST

5,178 posts

Posted by CUTLOST > 2016-01-10 16:01 | Report Abuse

hope it back to ipo price

Old90

686 posts

Posted by Old90 > 2016-01-11 12:01 | Report Abuse

Short term wise will have some downturn, hovering between the support and resistance. Long term still positive on Malakoff, as it still below ipo price of 1.800.

kinfatt999

2,913 posts

Posted by kinfatt999 > 2016-01-11 19:29 | Report Abuse

today siao somebody buy malakoff 500,000 x 8 times

Posted by thinkkfully > 2016-01-12 18:49 | Report Abuse

Not only yday... Everyday also got... Today 72k lots like tat

Posted by thinkkfully > 2016-01-12 18:50 | Report Abuse

It happened since weeks ago....

Posted by thinkkfully > 2016-01-12 18:51 | Report Abuse

Epf, disposed 100k lots dy, since mid dec

Posted by thinkkfully > 2016-01-12 18:52 | Report Abuse

So big amt, which is not retailers can do...

anuar_77

17 posts

Posted by anuar_77 > 2016-01-13 14:39 | Report Abuse

Good....pls pumped in...so that we can make profits.....

Posted by thinkkfully > 2016-01-13 17:34 | Report Abuse

epf keeps selling a few ctrs.... want to get cash out to pay dividend to us??? hmmmm.....

Posted by thinkkfully > 2016-01-13 18:10 | Report Abuse

hardly to move, need to wait epf finish disposed......

Posted by thinkkfully > 2016-01-14 17:03 | Report Abuse

after a few weeks.... finally i didnt see big volume blocked at 1.60.... hopefully epf finished disposed...... i think soon, epf will announce how many % dividend that we get from epf~

891088

595 posts

Posted by 891088 > 2016-01-17 18:17 | Report Abuse

Epf still not finish yet dispose their share..hv to wait after 28Jan2016.

Posted by thinkkfully > 2016-01-18 18:17 | Report Abuse

until 14th Jan I saw the big cross transaction.... bursa news jz updated epf disposed on 12th Jan... I believe will have another 2 days epf news, 13th and 14th.....

15th Jan, it shld be foreign fund selling, while local instituition is supporting bck malakof....
18th Jan, 440k units transaction only.... can see that selling pressure reduce alot... hopefully it finished dy....

the next quarterly report is end of Feb, which is about 6weeks from now.... from my experience, the share usually rising or dropping ~6weeks ahead the qreport....
1: good result, share will rising soon...
2: bad result, share mostly will start dropping, or it surviving hard at the price now.... n eventually go down... (i wish it not happens)

Posted by thinkkfully > 2016-01-18 18:19 | Report Abuse

btw, bursa news only mentioned epf disposed........ however, the big amount disposition like this, shld have another big player or big funds acquired from epf...... y bursa didnt mention on it? haiih.... sometimes really feel speechless.... hmmmmm.....

kinfatt999

2,913 posts

Posted by kinfatt999 > 2016-01-20 18:06 | Report Abuse

ressecsion is coming , r u reADY????

Beza

1,847 posts

Posted by Beza > 2016-01-22 10:53 | Report Abuse

Economic growth is positive every year now. Where got recession? You don't know economy.

CUTLOST

5,178 posts

Posted by CUTLOST > 2016-01-23 01:43 | Report Abuse

Hope it will fly back to 1.80

red_85

1,259 posts

Posted by red_85 > 2016-01-23 03:20 | Report Abuse

time will tell

rica7894

165 posts

Posted by rica7894 > 2016-01-27 08:19 | Report Abuse

Low business risk profile

-The largest domestic IPP with a gross generating capacity of 7,249MW in Malaysia and its low business risk profile stemming primarily from fairly predictable cash flows from its portfolio of power plants under long-term power purchasing agreements (PPA) with Tenaga Nasional Bhd (rated AAA/Stable)

Tanjung Bin Energy Sdn Bhd (TBE).

-TBE’s construction progress reached 99.26% as at end-2015 against scheduled progress of 99.65%, narrowing the progress variance substantially through increased manpower and working hours to expedite construction progress.
TBE is scheduled to achieve commercial operations on March 1, 2016.


AA-IS rating.

-Malaysian Rating Corporation (MARC) has affirmed its AA-IS rating on Malakoff Power Bhd’s (MPower) RM5.40bil Sukuk Murabahah with a stable outlook.
The outlook also assumes that TBE will achieve commercial operations within six months from the scheduled commercial operations date and the refinancing risk of EBL will be adequately addressed well before 2017. (25/01/2016)

MuttonCurry

1,192 posts

Posted by MuttonCurry > 2016-01-27 08:24 | Report Abuse

Useless stock .. range trading between 1.55-1.63 for so many months. On bad days drop a lot. On good days climb few sen only. Moreover saddled with a lot of debts.

Better invest in penny stock for short term profit.

Posted by thinkkfully > 2016-01-27 11:20 | Report Abuse

the qresult might not be good.... :(

ngwt

2,097 posts

Posted by ngwt > 2016-01-27 11:21 | Report Abuse

Bought at 1.54 x 10,000 shares. Wait for a good price to sell later.

lch90

228 posts

Posted by lch90 > 2016-01-27 11:21 | Report Abuse

I just sold 150 lots of Malakof today.

Old stock from 1.20++. Profit taking for CNY.

I do not see any further growth in this company.

ngwt

2,097 posts

Posted by ngwt > 2016-01-27 17:25 | Report Abuse

It seems that in downtrend. Luckily I Contra@1.55 in morning session with minor profit of RM45.45.

Posted by thinkkfully > 2016-01-27 19:28 | Report Abuse

Might go 1.45 or below...... Haihhh

Posted by Khairi Mohamad > 2016-01-28 01:08 | Report Abuse

A simple advice is buy before the 1000MW supercritical T4 plant to COD in next March...

Posted by thinkkfully > 2016-02-05 08:01 | Report Abuse

Malakof shd come very soon........

Posted by thinkkfully > 2016-02-17 16:42 | Report Abuse

haihh... super low vol.....

Posted by thinkkfully > 2016-02-17 18:45 | Report Abuse

Tis 2 days so low vols... Hopefully epf stops disposed for dividen dy... Last epf disposed shd be 15feb, let see tmr endday bursa news....

No more epf blocking, now jz need wait somemore time

Mat Cendana

2,340 posts

Posted by Mat Cendana > 2016-02-18 12:10 | Report Abuse

Malakoff should be re-categorised as "Fixed Deposit". Hasn't gone anywhere the past few weeks. That's good when the general market is seeing a fall. But frustrating for shareholders when it's up while Malakoff is still sleeping.

Posted by thinkkfully > 2016-02-21 15:30 | Report Abuse

http://www.thestar.com.my/business/business-news/2016/02/19/higher-fy15-earnings-for-malakoff-sees-better-earnings-ahead/

Malakoff said a decision on the declaration of the final dividend for FY15 would be made upon the finalisation of the audited financial statement

Rmanze

179 posts

Posted by Rmanze > 2016-02-25 10:21 | Report Abuse

Why malakof didn't do any general meeting?

Posted by thinkkfully > 2016-02-25 13:47 | Report Abuse

general meeting like AGM? shld happen in May or June....
price being holding by the big funds, need to wait big funds collect enough then can move further....

1.65 breaks, tp1: ard 1.90, tp2: ard 2.08

Posted by keraskepala > 2016-03-03 11:38 | Report Abuse

tahun ini div. more than 5 sens sudah cukup.

Posted by thinkkfully > 2016-03-04 10:57 | Report Abuse

if share price keeping 1..60 region.... shd more than 5sen..... but if 1.80 or more.... might be really 5sen..... hmmmmmmm

Investeye

2,347 posts

Posted by Investeye > 2016-03-04 11:35 | Report Abuse

Matched at RM1.60, time to pick up some lots at present reasonable price while waiting for dividend declaration. In long run, present price is at low risk.

hng33

20,491 posts

Posted by hng33 > 2016-03-08 16:32 | Report Abuse

Bought malakroff at 1.61

Posted by thinkkfully > 2016-03-08 17:20 | Report Abuse

hopefully no fall bck~ hopefully big funds let go~ hopefully go over 1.65~~

necro

4,726 posts

Posted by necro > 2016-03-08 21:37 | Report Abuse

THERS FINAL DIVIDEND FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2015

MALAKOFF CORPORATION BERHAD

Type Announcement
Subject OTHERS
Description FINAL DIVIDEND FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2015
The Board of Directors of Malakoff Corporation Berhad (“MCB” or “the Company”) is pleased to propose a final single-tier dividend of 2 sen per ordinary share for the financial year ended 31 December 2015.

The final dividend is subject to the approval of the members at the forthcoming Tenth (10th) Annual General Meeting of the Company.

The notice of book closure and date of entitlement and payment in respect of the aforesaid final single-tier dividend will be announced in due course.

This announcement is dated 8 March 2016.

Posted by thinkkfully > 2016-03-09 00:33 | Report Abuse

Besides the dividend news, got a legal news also.... Still appealing..... Haihhhh

Investeye

2,347 posts

Posted by Investeye > 2016-03-09 09:11 | Report Abuse

Had disposed more than half due to this legal news these 2 days..

Investeye

2,347 posts

Posted by Investeye > 2016-03-09 10:24 | Report Abuse

KUALA LUMPUR: Malakoff Corp Bhd’s 35.7%-owned associate Almiyah Attilemcania SPA (AAS), which operates a seawater desalination plant in Algeria, will further appeal a fine of 3.929 billion dinars (RM148.79mil) for an alleged breach of foreign exchange regulations.

In a statement to Bursa Malaysia, the independent water and power producer said based on information from AAS lawyers, the court of appeal of Tlemcen in the North African nation had on March 2 upheld the lower court’s decision to impose the penalty

The lower court of Ghazouet in Tlemcen had imposed the fine towards the end of 2014.

AAS is 51% owned by Tlemcen Desalination Investment Company SAS, which is ultimately 70% owned by Malakoff Corp and 30% by Singapore-listed Hyflux Ltd.

Malakoff said AAS’s lawyers had advised it that the penalty would not be enforced against AAS until AAS had exhausted of all rights to appeal.

“AAS will file an application to appeal against this decision to the Algerian Supreme Court once AAS receives an official notification from the (appeals) court in accordance with the process of law,” it said.

Malakoff, which is 17.95% owned by MMC Corp and 17.18% by the Employees Provident Fund Board, added that AAS’s lawyer was of the view that “it is probable for AAS to succeed in its appeal at the Supreme Court.”

To recap, the legal proceedings against AAS were initiated by the Public Prosecutor of Algeria in September 2014. During the financial year 2009, it was discovered that there had been a considerable gap between the value of the delivered equipment and the value of the payment made by AAS to the supplier cum contractor.

“The invoice gap however was not resolved by the supplier cum contractor and the Algerian Customs then initiated investigations and thereafter the charge was brought against AAS,” MMC Corp announced in November 2014 (when it was Malakoff’s holding company).

Due to the invoice gap, it was alleged that AAS had failed to repatriate a sum of US$26.9mil (RM111.15mil).

The project to build and operate the seawater desalination plant in Algeria was awarded to the Malakoff/Hyflux Ltd team in 2006. Under the 25-year concession, the project company has the right to supply desalinated water to the state-owned national public water entity of Algeria and Sonatrach SPA, the national oil company of Algeria.

Malakoff shares gained 2 sen to close at RM1.63 on Tuesday.

Rmanze

179 posts

Posted by Rmanze > 2016-03-11 15:58 | Report Abuse

in January 2016, Bursa Malaysia implemented an industry-wide three Market Depth (also known as Market Queue on RHB TradeSmart portal) data policy for all online trading customers. This policy meant that all online traders are restricted to view up to three rows of market depth information, i.e. buy/sell price and buy/sell quantity. In order to view up to five rows of market depth data, a pay-to-view fee imposed by Bursa Malaysia would apply.

boon1515

422 posts

Posted by boon1515 > 2016-03-11 16:00 | Report Abuse

1 of the stock in my watchlist, if price stand above 1.65 then really gooding

Posted by thinkkfully > 2016-03-11 17:06 | Report Abuse

yup, breaks 1.65 with enough vol, malakof will have a new beginning...... it is few months floating between average at 1.60-1.63 dy.....

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