Jaythe only good thing about farlim is its strong net cash. after selling most of its Air Itam land to 1MDB, they are only left with plots of land in other less strategic states like Terengganu and Perak. the others are too small for any serious development. sooner or later have to use the cash to buy some better land or biz
03/05/2017 1:32 PM
Vin Chuahthe time i bought 0.69 till now...!!!! never can hit ...N years !!!
WesterosI remember this counter way back in 1996 when it first got listed..the price was RM8.40 per lot..those were the days..now kaput already just waiting for time to go under....
14/10/2019 2:32 PM
Vin Chuahdividend also don't have ...some more dropped!
05/02/2020 4:03 PM
Vin Chuahothers up,it won't follow up but others dropped,it 100% follow down ..!!
cy91This company selling for market cap 34m (equal to 20 cents per share), but have 70m (equal to 40 cents per share) cash inside !!! Not to mention it has no debt and own two piece of land at Bidor and Kampar. It's like u bought 70m cash with 34m and free u two piece of land.
06/04/2020 11:53 AM
Windy1974This morning read The Edge about Farlim being a net cash company and market cap of RM43m. First thing, i went and read 2019 annual report. The founder holds at least 47.5% of Farlim not counting friendly allies. For those who dreamt of getting a piece of the RM70 over million cash, you can dream on. You know if i was the founder, what would i do? I would draw a substantial salary every year till the RM70 over million dries up. Not a bad deal, since for every RM1 i make, RM0.50 comes from those dreamers.
Profitability Gross Margin +20.93 Operating Margin -51.23 Pretax Margin -63.97 Net Margin -64.28 Return on Assets -7.17 Return on Equity -8.07 Return on Total Capital -6.42 Return on Invested Capital -
22/05/2023 7:57 AM
stockraiderSmall property developer, but surprisingly on the positive side very low gearing loh!