2721 1914 posts | Posted by 2721 > Oct 12, 2017 6:34 PM | Report Abuse thx for the 5cts up! |
tealeaf 196 posts | Posted by tealeaf > Oct 29, 2017 10:57 AM | Report Abuse collect in low...wait for O&G recovery....... duno how long the wait....at least favco not those alibaba co |
2721 1914 posts | Posted by 2721 > Oct 30, 2017 6:33 PM | Report Abuse oil $60++ up!! |
Patrick13 1971 posts | Posted by Patrick13 > Nov 23, 2017 11:30 PM | Report Abuse Decent result. Nothing can comment much. Pls keep it up! |
milo8888 32 posts | Posted by milo8888 > Dec 14, 2017 4:45 AM | Report Abuse http://www.constructionweekonline.com/article-47091-site-visit-icd-brookfield-place-downtown-dubai/1/ |
Shichimi Togarashi 54 posts | Posted by Shichimi Togarashi > Dec 20, 2017 9:23 AM | Report Abuse Wow drop to 2.51 |
Johnmajor 255 posts | Posted by Johnmajor > Dec 20, 2017 11:24 AM | Report Abuse Good for those who wants to accumulate more. Opportunity for those who haven't bought. |
Patrick13 1971 posts | Posted by Patrick13 > Dec 29, 2017 4:52 PM | Report Abuse Window dressing? |
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Davidl 1803 posts | Posted by Davidl > Jan 3, 2018 1:43 PM | Report Abuse Time to accumulate! |
Patrick13 1971 posts | Posted by Patrick13 > Jan 5, 2018 8:07 AM | Report Abuse Proposed acquisition of companies extended for another 2 months. xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx We refer to the announcement dated 5 October 2017 in relation to the above. The Board of Directors of the Company wishes to announce that the Parties to the HOA had on 4 January 2018 mutually agreed to extend the HOA for a further period of two (2) months to 4 March 2018 to facilitate the finalisation of the detailed terms and conditions in relation to the Proposed Acquisition. Other than the aforementioned, all other terms stated in the HOA remain unchanged. This announcement is dated 4 January 2018. |
Davidl 1803 posts | Posted by Davidl > Jan 5, 2018 9:17 AM | Report Abuse I wonder how market react to the above news! |
Davidl 1803 posts | Posted by Davidl > Jan 8, 2018 5:12 PM | Report Abuse Time to accumulate! |
zero 525 posts | Posted by zero > Jan 23, 2018 1:58 AM | Report Abuse Going into MRO, probably with an eye on SERBADK's recent success? |
Patrick13 1971 posts | Posted by Patrick13 > Feb 22, 2018 10:34 AM | Report Abuse With the upcoming possible good QR, at least 15 sen final dividend proposed and acquisition of companies completed by 4 March, Favco share prices could climb further higher. |
HEIM2016 22 posts | Posted by HEIM2016 > Feb 27, 2018 9:23 PM | Report Abuse devinden $135 |
2721 1914 posts | Posted by 2721 > Mar 2, 2018 6:19 PM | Report Abuse y delay again @@ |
Fabien _the efficient capital allocator 1967 posts | Posted by Fabien _the efficient capital allocator > Apr 26, 2018 4:52 PM | Report Abuse Bought some Favco. Lock in 5.6% yield. Times like this require strategy to buy cash rich companies. |
jeannie 456 posts | Posted by jeannie > May 18, 2018 1:38 PM | Report Abuse still can buy ?? |
able 96 posts | Posted by able > May 25, 2018 8:01 PM | Report Abuse horrible quarter result |
tyj1299 5 posts | Posted by tyj1299 > May 30, 2018 10:49 AM | Report Abuse Crane business probably is in the bottom of the cycle, since 2013. Even though the quarter result isn't well, as long as the company is well managed, efficient in allocating its resources and low gearing, it can withstand hardship and have the endurance to thrive the sector recovers. As you can see, Singapore's Tat Hong (crane leasing business) is having privatization, the insiders understand the business better than we do. I don't know when would be sector be recover nor optimistic on this, but this would be a good signal to be contrarian. |
... 13investor 2797 posts | Posted by ... 13investor > Jun 14, 2018 11:57 AM | Report Abuse what's up? |
2721 1914 posts | Posted by 2721 > Jul 3, 2018 5:50 PM | Report Abuse finally the deal is done ^^ |
George NG 64 posts | Posted by George NG > Jul 3, 2018 9:02 PM | Report Abuse waiting about half year for this acquisition |
allenroy 190 posts | Posted by allenroy > Jul 19, 2018 10:46 AM | Report Abuse good divident.... |
Thomas Chua 14 posts | Posted by Thomas Chua > Aug 5, 2018 12:04 AM | Report Abuse Here's what you need to know about Favelle Favco.. http://www.stocksinsights.com/key-insights-favco/ |
Patrick13 1971 posts | Posted by Patrick13 > Aug 24, 2018 3:08 PM | Report Abuse Sold at 2.67 to free up capital. |
Vincent_8316 122 posts | Posted by Vincent_8316 > Aug 28, 2018 2:57 PM | Report Abuse QR no good? No buying power? |
2721 1914 posts | Posted by 2721 > Aug 29, 2018 11:14 AM | Report Abuse weird result, no new order, kena dump |
... 13investor 2797 posts | Posted by ... 13investor > Aug 29, 2018 12:11 PM | Report Abuse chance to buy bck :) |
Patrick13 1971 posts | Posted by Patrick13 > Sep 3, 2018 4:44 PM | Report Abuse Bought back again at 2.58 |
shgyap5675 3 posts | Posted by shgyap5675 > Sep 6, 2018 4:44 PM | Report Abuse Dividend 13.5 cents |
Cockroach Paul Lee 688 posts | Posted by Cockroach Paul Lee > Sep 6, 2018 5:24 PM | Report Abuse why drop so much? sunset industry? bought 2.49 (close 2.42) kanasai...hahaha |
shpg22 2984 posts | Posted by shpg22 > Sep 6, 2018 5:46 PM | Report Abuse Just don't understand how it can go up when both revenue and PATMI is in free fall. Expect dividend to drop to 8.00 cents for FY18 as FCF turned negative. |
Cockroach Paul Lee 688 posts | Posted by Cockroach Paul Lee > Sep 7, 2018 12:54 AM | Report Abuse copy INVESTMENT HIGHLIGHTS Favelle Favco’s 2QFY18 reported earnings declined - 43.5%yoy to RM7.3m Normalised earnings excluding exceptional items within estimates at RM20.5m Current orderbook at RM427m as at 23 August 2018 Bulk of the orderbook from various product segments Maintain BUY with a revised target price of RM2.93 _____________________________________________ TP 2.93 ? ok la...... dont worry ,be happy. haha |
Patrick13 1971 posts | Posted by Patrick13 > Sep 7, 2018 8:04 AM | Report Abuse Are you seriously read though Favco QRs? Though revenue drop due to lower order books on hand, but bottom line still perform well. 1H18 PBT is seriously affected by forex loss and impairment loss. 1H18 PBT: 19,180 add back forex loss (8,718) and impairment loss (4,499) = 32,396 1H17 PBT: 37,823 minus forex gain (6,128) = 31,695 FCF turns negative is bcoz heavy CAPEX of 35mil in the 1H18 versus 7mil in 1H17. Once Favco completed the acquisition of new subsi, FCF this year sure negative but it won't affect their dividend payout bcoz this is the main source of income to their parent holder, Muhibbah Engineering. shpg22 Just don't understand how it can go up when both revenue and PATMI is in free fall. Expect dividend to drop to 8.00 cents for FY18 as FCF turned negative. 06/09/2018 17:46 |
Cockroach Paul Lee 688 posts | Posted by Cockroach Paul Lee > Sep 7, 2018 9:56 AM | Report Abuse @patrick13 favco buy what company? FCF turns negative is bcoz heavy CAPEX of 35mil ( what kind of job favco planning to do?) i'm new here , wanna know more...thanks |
Ben Son Sow 18 posts | Posted by Ben Son Sow > Sep 7, 2018 6:51 PM | Report Abuse favco acquired 4 company(Exact Automation Sdn Bhd, Sedia Teguh Sdn Bhd, Exact Analytical Sdn Bhd and Exact Oil & Gas Sdn Bhd),with profit estimation of 20mil/per year...they have 70% stake of those company which mean at least 14mil profit per year.The acquisition just completed end of june 2018 and announced in early july 2018...so next quarter report should have contribution from this newly acquire business. U may google it to find the relevant news. |
Johnmajor 255 posts | Posted by Johnmajor > Sep 7, 2018 10:35 PM | Report Abuse buy on price weakness. don't miss the opportunity to collect. |
Cockroach Paul Lee 688 posts | Posted by Cockroach Paul Lee > Sep 8, 2018 12:51 AM | Report Abuse Favco 2.25 hit new low! Oil n gas sector recovering... acquired new companies... all in la ! |
Lim Tek Wai 2386 posts | Posted by Lim Tek Wai > Sep 19, 2018 2:04 PM | Report Abuse Looks good to buy,profit incoming..... |
Lim Tek Wai 2386 posts | Posted by Lim Tek Wai > Sep 19, 2018 2:05 PM | Report Abuse Nice ! Start taking profit, thanks. |
... 13investor 2797 posts | Posted by ... 13investor > Sep 19, 2018 2:14 PM | Report Abuse it show " low " due to ex dividend adjustment |
Patrick13 1971 posts | Posted by Patrick13 > Sep 24, 2018 7:03 PM | Report Abuse Dividend received today. Thks Favco! |
Cockroach Paul Lee 688 posts | Posted by Cockroach Paul Lee > Sep 26, 2018 5:31 PM | Report Abuse Dividend received today. Thks Favco! x2 |
Patrick13 1971 posts | Posted by Patrick13 > Oct 30, 2018 5:24 PM | Report Abuse http://malaysiastock.biz/Company-Announcement.aspx?id=1096200 |
shpg22 2984 posts | Posted by shpg22 > Oct 31, 2018 1:24 AM | Report Abuse FCF turns negative is bcoz heavy CAPEX of 35mil in the 1H18 versus 7mil in 1H17. Once Favco completed the acquisition of new subsi, FCF this year sure negative but it won't affect their dividend payout bcoz this is the main source of income to their parent holder, Muhibbah Engineering. Even without capex, its operating cash flow alone already turned negative. This will affect the dividend payout. I expect it to be reduced from FY17 13.50 to 8.00 in FY18. |
Johnmajor 255 posts | Posted by Johnmajor > Nov 19, 2018 10:12 AM | Report Abuse Good time to buy! |
Ben Son Sow 18 posts | Posted by Ben Son Sow > Nov 28, 2018 8:09 AM | Report Abuse Good result...finally |
Tchaileng83 2 posts | Posted by Tchaileng83 > Nov 28, 2018 10:23 AM | Report Abuse Yeah~~good result |
Vincent_8316 122 posts | Posted by Vincent_8316 > Dec 4, 2018 3:49 PM | Report Abuse but share price no move!!! |