Posted by Khairi Mohamad > 2017-11-20 12:21 | Report Abuse

Muscat: Muscat City Desalination Company (MCDC), which is opening its initial public offering on Sunday, said the company plans to offer a projected dividend yield of 8.3 per cent for the first five years, considering the offer price of 116 baisas.

This compares with the average dividend yield of 5.9 per cent for the other power and water companies listed on the Muscat Securities Market (MSM). The shares will be listed on the MSM on January 2, 2018.

“The company benefits from stable and predictable cash flows. This is on account of the revenues being contracted on an availability basis with OPWP, which is owned by the Government, pursuant to a long-term Water Purchase Agreement (WPA) until 2034,” said Subrina Thiagarajah, CEO of MCDC. “It is also worth noting that a long-term offtake agreement for 20 years term is longer than the 15 years term typically prevalent for power companies in Oman. This would translate into cash flow visibility for a longer period for MCDC shareholders,” she added. The strong contractual framework for the sector has enabled MCDC to offer a steady and attractive dividend yield to investors.

http://timesofoman.com/article/122161/Business/Muscat-City-Desalination-plans-to-offer-83-per-cent-dividend-yield

Posted by rijack88 > 2017-11-21 11:22 | Report Abuse

QR no yet out?

Posted by Yukimura > 2017-11-21 18:47 | Report Abuse

Already out

Posted by smartly > 2017-11-21 18:54 | Report Abuse

result not bad. tomorrow will up. :)

Posted by lowbuyhighsell > 2017-11-21 20:31 | Report Abuse

For the quarter ended 30 September 2017, the Group recorded RM1,821.4 million in revenue, a
20.3% increase from RM1,514.3 million reported in the corresponding quarter ended 30
September 2016, mainly due to higher applicable coal price registered by Tanjung Bin Power
Sdn. Bhd. (“TBP”) and Tanjung Bin Energy Sdn. Bhd. (“TBE”). This was partly offset by lower
capacity payment recorded by Segari Energy Ventures Sdn. Bhd. (“SEV”) following the new
revised Power Purchase Agreement (“PPA”) commencing 1 July 2017.
The Group’s profit before taxation increased to RM212.9 million compared to RM143.1 million
reported in corresponding quarter ended 30 September 2016, mainly due to compensation
received from settlement of dispute between TBP and IHI and higher contribution from TBE.
This was partly offset by lower capacity payment recorded by SEV following the new revised
PPA commencing 1 July 2017.

Revenue is recorded high ....

Posted by rooney8 > 2017-11-22 09:12 | Report Abuse

Still unsure how much they will get from the settlement. Get around 100m+ for this quarter, but it is nothing compare to the 700m+ lawsuit. The admin expenses also up from 37m to 63m, which I don't really like.

Posted by rijack88 > 2017-11-22 10:39 | Report Abuse

http://www.theedgemarkets.com/article/malakoff-3q-profit-25-compensation-legal-dispute

Posted by Yukimura > 2017-11-22 11:37 | Report Abuse

cannot understand why so many sellers and willing to sell at such low price

Posted by sasword > 2017-11-22 12:30 |

Post removed.Why?

Posted by ivan9511 > 2017-11-22 14:47 | Report Abuse

Lucky I sold all at 1.10 and I change to Ranhil and insas last time :
insas result no good today also up
Ranhil resuts good today up a little bit

Malakof :my dear malakof , results very good price drop , results no good price drop , results average price drop ????????
HAHA

SO finally I find out Malakof only one direction only Drop drop drop from 1.80 ribggit , drop drop drop until 0.995???
what you want malaok . you better private your own company and give back your investors 1.70 after ddeduct interest so 1.70 ringgit is fair price

Posted by alexsee > 2017-11-22 14:55 | Report Abuse

haiz.. stuck at this stock since april this year.. look like toward RM0.9.. before complete the 10% share buy back

Posted by alexsee > 2017-11-22 14:55 | Report Abuse

i believe that the price is fully control by local big fund

Posted by Syndicates > 2017-11-22 15:03 | Report Abuse

already got name for u to pronounce, malafukoff. go *off lah!

Posted by newbie5354 > 2017-11-22 15:04 | Report Abuse

Buy call by IBs' a con? Why drop instead?

Posted by Syndicates > 2017-11-22 15:57 | Report Abuse

no div announced yesterday, must be lah. if guarantee 7sen div every year i sapu all below rm1

Posted by Secrecy > 2017-11-22 16:14 | Report Abuse

Please sell, sell at lost la... I'm willing to buy. What a big fat meat.

Posted by hipster > 2017-11-22 17:04 | Report Abuse

this counter is really bizarre. price drop even when they're still making money. the only reason I can think of is that they're selling way too much of their stock so even when the volume is big, price still not moving.

now that it break the long time support of $1, all hell will break lose. Sigh!

Posted by tanhy123 > 2017-11-22 19:22 | Report Abuse

The compensation is 180million stated in the other operating income. Exclusive of compensation, this company barely make money.

Posted by ivan9511 > 2017-11-22 19:36 | Report Abuse

public bank say trading buy because is seriously undervalued . seem tomorrow will limit up
all the best malakof
tomorrow I will.buy back at 99 sen seem public bank know better than us
al the best

Posted by lowbuyhighsell > 2017-11-22 21:03 | Report Abuse

The results for the financial year ending 31 December 2017 will be affected by the lower capacity payment in the new revised Segari Energy Ventures Sdn Bhd’s Power Purchase Agreement commencing 1 July 2017.

stupid management ...

Posted by limch > 2017-11-22 21:07 | Report Abuse

So ex-MD Azhar join FGV instead?

Posted by lowbuyhighsell > Nov 22, 2017 09:03 PM | Report Abuse
The results for the financial year ending 31 December 2017 will be affected by the lower capacity payment in the new revised Segari Energy Ventures Sdn Bhd’s Power Purchase Agreement commencing 1 July 2017.

stupid management ...

Posted by limch > 2017-11-22 21:17 | Report Abuse

After joining FGV; FGV share up but Malakoff drop so Azhar is like hero?

Posted by pakatan_harapan2 > 2017-11-23 03:40 | Report Abuse

Ranhill also kena not only Malakoff. Vote Pakatan coming GE because got i3 now.

hipster this counter is really bizarre. price drop even when they're still making money. the only reason I can think of is that they're selling way too much of their stock so even when the volume is big, price still not moving.

now that it break the long time support of $1, all hell will break lose. Sigh!
22/11/2017 17:04

Posted by alexsee > 2017-11-23 09:45 | Report Abuse

seems like they trying to keep the price low as possible, so that people lost patience will sell with loss, then they can buy back the 10% share at low price.. guess the share price will keep at low level until share buy back completed.. for now, just keep it and get the dividend

Posted by timss > 2017-11-23 10:04 | Report Abuse

Share buy back is an on-going process to cushion the price. Doubt they will complete it within a short period of time.. Kinda discouraging to see this breaks below RM1.00....

Posted by rooney8 > 2017-11-23 10:10 | Report Abuse

Still no news about the total amount of the settlement in the recent conference call, at least not in the key takeaways from here:
https://klse.i3investor.com/blogs/PublicInvest/139045.jsp

CIMB has TP of 1.05 only.
http://www.theedgemarkets.com/article/cimb-ib-research-keeps-hold-malakoff-lowers-target-rm105

It need to maintain 70% dividend payout, need to save cash for new project and need to share buyback too. But it settles the 700mil+ lawsuit with 100mil+ payment?

Posted by sasword > 2017-11-23 11:52 | Report Abuse

More share buy back and pay dividend then finally cannot sustain, game over just like mas, a very happy money scam story.

Posted by pakatan_harapan2 > 2017-11-23 11:54 | Report Abuse

50 sen to come?

Posted by limkokthye > 2017-11-23 15:15 | Report Abuse

1.80 drop until 1.00, wtf

Posted by Kabali > 2017-11-24 01:38 | Report Abuse

Now penny stock

Posted by Ohyea > 2017-11-24 14:58 | Report Abuse

Pn17 soon

Posted by lowbuyhighsell > 2017-11-25 14:52 | Report Abuse

M M C机构旗下马拉科夫（MALAKOF,5264,主板贸服组）业绩表现获得改善，MIDF表示，马拉科夫旗下昔加里发电厂（SEV）购电协议在今年7月重新调整后，作出的贡献不大，但是，丹绒宾电力（TBP）及日本IHI公司纷争解决后的赔偿金却带来利好。

Posted by SS1967 > 2017-11-27 11:51 | Report Abuse

what kind of company is this? nobody want, got profit also nobody want. hopeless...

Posted by Ohyea > 2017-11-27 12:37 | Report Abuse

Con stock Lai de

Posted by HuatRex > 2017-11-27 14:46 |

Post removed.Why?

Posted by alexsee > 2017-11-27 15:00 | Report Abuse

omg..going 0.9 soon

Posted by Hwai Hooi > 2017-11-27 15:01 | Report Abuse

long term die 99

Posted by rijack88 > 2017-11-27 15:14 | Report Abuse

0.5 gg

Posted by timss > 2017-11-27 15:14 | Report Abuse

damn it..... drop further ..... bleeding ceaselessly....

Posted by timss > 2017-11-27 15:19 | Report Abuse

The new CEO performs badly just like what he did to Proton.... let it be and just keep lol....

Posted by Wan444 > 2017-11-27 15:35 | Report Abuse

Ape ceo buat

Posted by obinam1967 > 2017-11-27 16:04 | Report Abuse

Tmrw is the EGM. Let us all drill the new CEO on why the price is falling. Penny stock already :(

Posted by nkk53 > 2017-11-27 16:05 | Report Abuse

Something wrong with the management?

Posted by timss > 2017-11-27 16:05 | Report Abuse

there is no firm statement to pacify the market sentiment. Even the compensation received from he dispute bewteen Malakoff and IHI also kept to silence.. super lousy marketing and PR..

Posted by monkeyinvestor > 2017-11-27 16:19 | Report Abuse

love me like u do ! touch me like u do !!

Posted by monkeyinvestor > 2017-11-27 16:20 | Report Abuse

what do u waiting for? love me like u do ~touch me like u do ~ what do u waiting for?

Posted by Michael Wong Yew Kong > 2017-11-27 16:23 | Report Abuse

Another Icon.

Posted by monkeyinvestor > 2017-11-27 16:24 | Report Abuse

just gonna stand there watch me burnt~ i love the way it likes

Posted by Michael Wong Yew Kong > 2017-11-27 16:24 | Report Abuse

Never buy any utilities company in bursa except TNB.

Posted by monkeyinvestor > 2017-11-27 16:28 | Report Abuse

michael i just calculated there is 78% shares still at the big shareholders' hands by considered 10% share buy back later. So i considered it still good to be accumulated deep. Even i stuck from 1.56per shares until now haha