MIECO CHIPBOARD BHD
KLSE (MYR): MIECO (5001)
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Last Price
0.65
Today's Change
-0.03 (4.41%)
Day's Change
0.65 - 0.675
Trading Volume
18,000
Profile
MIECO CHIPBOARD BHD
Exchange: Bursa Malaysia Bursa Malaysia
Country Code: MY MY
Currency: MYR MYR
Sector: INDUSTRIAL PRODUCTS & SERVICES INDUSTRIAL PRODUCTS & SERVICES
Subsector: WOOD & WOOD PRODUCTS WOOD & WOOD PRODUCTS
Index Group: INDUSTRIAL PRODUCTS & SERVICES INDUSTRIAL PRODUCTS & SERVICES
Category: ORDINARY SHARE ORDINARY SHARE
Syariah Flag: Yes Yes
Short Sell Flag: Yes Yes
IDSS Flag: Yes Yes
Description
Mieco Chipboard Bhd is an investment holding company. It is also engaged in the provision of management services. The core business includes manufacturing and distribution of particle boards also known as chipboards, with the primary focus on plain boards and melamine faced boards. In addition, its other operation comprises of investment holding. Its product includes mieco plain board and mieco decorative melamine faced chipboard. These products are commonly used as a core material for home and o¬ffice furniture. The company operates geographically across Malaysia, Hong Kong, and China.
Address
Discussions
8 people like this. Showing 50 of 3,359 comments
sure ka Mieco better?? Evegreen punya revenue 200 mil over per quarter. Mieco got 100 mil ++ only
2022-04-21 15:51
Yes, but I really should stop posting comments from now onwards. Some people are using me as a reverse indicator. Time to take a break from forums. Thankless job honestly
2022-04-21 17:29
up agree. last time 2015 usd/rm up trend, glove, furniture, chipboard counters uptrend. recently looks like is a show for evergreen, hevea and mieco
2022-04-24 12:41
USD will keep strengthening until Q3 2022 according to FX traders. Mieco will benefit from this.
2022-04-30 11:07
Still very bullish on Mieco. Need to shake off the short term traders before another leg up
2022-04-30 11:07
This is one of the few stocks to own in this difficult market. USD still strengthening until today as Nasdaq and S&P500 slides. Investors still buying cash and rotating out of all risk assets
2022-05-05 22:52
Notable FX strategists see the Dollar strength going in mid August 2022
2022-05-05 22:53
Buy on every pullback, management dumping for fear of "retail sentiment"
They probably read i3 comments and try to inverse retail investors.
Do not donate your shares to management. Keep holding
2022-05-18 19:23
Ringgit will keep weakening. Earnings will be as good as other fibreboard companies.
2022-05-18 19:23
i saw in a few investment group chats, the gurus and the members cut loss trading mieco, rugi banyak..
2022-05-19 22:30
Dow Jones
Dow Jones Industrial Average
31,135.24
-354.83
1.12%
Nasdaq
NASDAQ Composite
11,398.54
-19.60
0.17%
2022-05-19 22:39
teka teki results quarter
hevea - cantik
evergreen - cantik
mieco - teruk atau biasa
2022-05-20 14:26
I am an individual investor, do not belong to any investment groups. I don't know what you are talking about
2022-05-20 15:18
i didn't mean u, wallstreetrookie. what i meant is sharing my info, what i saw in those group chats
2022-05-20 15:24
Insiders trying to dump their shares on retail before the next earnings. Do not donate your shares. The trend will last until the start of Q3 2022. This is a long term hold
2022-05-23 08:43
as expected, results evergreen cantik
now heavea cantik, evergreen cantik. i think mieco tak cantik
2022-05-24 02:22
This insider (management) is very smart. They bought when all retailers have cut their losses.
2022-06-04 14:26
Why are you guys donating your shares to management? Typical retail mentality
2022-06-04 14:26
adui, dont simply mislead ppl leh... they might gonna throw another wave down..
2022-06-04 23:28
You are just looking at the charts. You work at Hong Leong research is it? Why do you hate this stock so much
2022-06-06 11:01
I don't respect any analyst (especially sell-side) from Hong Leong bank. Bunch of pricks
2022-06-06 11:04
no la, i am normal investor only. mieco is good. just that i think the price might NOT be bottom yet. but maybe i am wrong.
2022-06-07 00:52
It has begun :)
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bojed
Don't miss this train. Let's see if I can get some at 0.6 today.
1 week ago
2022-10-27 19:25
Whenever I hunt for Bursa timber/wood-based companies, I compare them with 2 reference companies where I have detailed analysis - Eksons (https://www.youtube.com/watch?v=g1byo-eO4CM) and Taann. This will give me a quick assessment of whether to pursue further. In this context, over the past 11 years, there was only 1 year that Mieco ROE was better than that of Taann. Compared with Eksons, Mieco did better for 5 years. Not exactly an exciting track record.
2023-10-23 09:57
Dow Jones
Dow Jones Industrial Average
43,444.99
-305.87
0.69%
Nasdaq
NASDAQ Composite
18,680.12
-427.52
2.23%
1 month ago
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wallstreetrookie
Evergreen Fiberboard is not a good company, but people like to play the rebound. Just look at the revenue segment for Evergreen. Mieco has better drivers
2022-04-21 11:29