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Overview
Financial Highlight
HeadlinesBusiness Background Favelle Favco Bhd was incorporated in Malaysia. The Company is an investment holding company. The Company manufactures cranes. Its product line consists of heavy lift Offshore, Tower, Wharf Crawler Cranes and Marine Winches. The Company also has a total lifting solution.
  wallstreetrookie Before the dividend announcement, this forum only has 3-5 comments every week. After the 85 cent dividend, everyone, uncle and auntie from Facebook came to comment here. Simple, because they missed out. 10/05/2022 12:26 PM henry888 That type of people is just like up afraid of fox, down also afraid of tiger, best keep in Bank or no bullets already. Of course there must be loser depends on your entry point and targets of operator. 10/05/2022 1:25 PM richardsharing if many ppl buy, price will down. if no ppl buy, price will up lo... 10/05/2022 7:04 PM snowball2000 In my view, I think FAVCO is a good company with solid business. I was a shareholder. However, after 85 sen is distributed, it will effectively become a company which is without surplus cash (after balance cash is netted against borrowings). However, given its track record of past performance, it should not have problem obtaining financing from banks. Would like to hear from anyone with a different view. Please enlighten. TQ. 11/05/2022 10:24 AM henry888 Esos lagi coupled with US index seems down trend, not easy to win even in other stocks, bumper road ahead. 12/05/2022 6:00 PM sten_still Since tomorrow is ex-date for dividen, tomorrow price should open low -RM0.85, OPEN price should at rm2.41 if refer to current price rm3.26. Correct me if im wrong 24/05/2022 2:06 PM snowball2000 When Director is selling / buying with insider information, Bursua/SC should scrutinise the transactions!!! 27/05/2022 9:53 AM  speakup already told u all last time sell son Favco swap to mother Muhibbah cos all the Favco cash transferred to Muhibbah 27/05/2022 9:59 AM henry888 Hi hi, cannot trap me, i already know before ex date and sold before ex date as the chart with flat top depicts operator not going to push (as i entered second time at above rm3.20) and also afraid majority shareholders would sell and let you no chance to escape since Muhibbah need fund (opinion). 27/05/2022 10:09 AM speakup based on my past experience, when a common owner move money from company X to company Y, means he is shifting attention from X to Y. The smart move is Sell X swap to Buy Y. in this case, X is Favco, Y is Muhibbah. 27/05/2022 10:10 AM henry888 But you need to know why Muhibbah need fund ??? Is Muhibbah doing any job of Sapura energy since in trouble??? 27/05/2022 10:16 AM snowball2000 https://www.theedgemarkets.com/article/maybank-ib-downgrades-favelle-favco-less-attractive-earnings-outlook 27/05/2022 11:53 AM NatsukoMishima @snowball2000 110 posts Posted by snowball2000 > 3 hours ago | Report Abuse When Director is selling / buying with insider information, Bursua/SC should scrutinise the transactions!!! ________ Fake account like serb also not a big deal , what more u want expect our sleeping beauty ! 27/05/2022 1:11 PM NatsukoMishima Like cantonese people always says " where got such huge toad waiting for catching on the street " ?? Use your brain to think twice before staying in VIP room permanently ! 27/05/2022 1:11 PM snowball2000 Considering serb and other irregularities in the market, this starts to feel like a SCAM.... :((( 27/05/2022 5:01 PM speakup recession coming, favco is very very vulnerable because it has net cash 0! all already taken out 20/06/2022 4:04 PM snowball2000 Ex-dividend price should have been 2.40 (3.25 - 0.85)... It drops non-stop since going ex-div, really scary...... 21/06/2022 12:19 PM snowball2000 Confirmation of direction by end Aug 2022 with next quarterly announcement... 04/07/2022 10:40 AM snowball2000 QR is better than my expectation... However, cash position turned from +182mil to -37mil. Interest income will go down while interest expense is expected to rise... 26/08/2022 12:35 PM snowball2000 There may be impact on the company's ability to take on big project as well... 26/08/2022 12:35 PM investortrader88 https://www.theedgemarkets.com/article/favelle-favco-bags-six-contracts-worth-rm1308-mil 26/09/2022 8:31 PM  | | ||||||||||||||||||||||||||||||||||||||||||||||||
