Highlights
KLSE: FACBIND (2984)       FACB INDUSTRIES INCORPORATED MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
1.20   0.00 (0.00%)  0.00 - 0.00  0
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Change in Nomination Committee

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Ann. Date Date Type Designation Name View
01-Aug-2023 02-Aug-2023 APPOINTMENT Member of Nomination Committee TEE MENG KWANG View Detail
01-Aug-2023 02-Aug-2023 APPOINTMENT Member of Nomination Committee LEONG CHOONG WAH View Detail
01-Aug-2023 02-Aug-2023 APPOINTMENT Chairman of Nomination Committee MICHAEL LAI KAI JIN View Detail
30-May-2023 30-May-2023 RESIGNED Nomination Committee LIM MUN KEE View Detail
30-May-2023 30-May-2023 RESIGNED Nomination Committee WAN KASSIM BIN AHMED View Detail
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  3 people like this.
 
firehawk Q earning NG but give dividend 4 sen ....
23/08/2017 5:32 PM
prudentinvestor Highest closing price in more than three years. Rosy days probably lie ahead.
15/09/2017 9:38 AM
taitaumau I wonder whether an imminent storm is brewing.......
13/10/2017 3:46 PM
prudentinvestor Slowly creeping up over the past several months without being noticed by small investors. Privatization probably in the pipeline.
13/10/2017 3:56 PM
taitaumau Will this big boy make closing price 2 bids down?
13/10/2017 4:38 PM
shareinvestor88 Another similar company is FLB flushed with cash 123m. No debt.
05/11/2017 7:54 AM
prudentinvestor Facbind has RM163 million cash or 191 sen per share. It has available for sale investments (more than 300 million Karambunai shares) worth another RM20 million.
23/11/2017 11:30 AM
Angel of KLSE 大马股仙 why nobody talking this counter recently? The edge recommend buy, you know or not? not interested in this counter?
12/01/2018 1:25 PM
Angel of KLSE 大马股仙 rocket engine start today
26/01/2018 6:31 PM
investor1458 How high can fly ?
27/01/2018 4:59 PM
prudentinvestor 2000m high.
29/01/2018 11:51 AM
prudentinvestor Facbind's cash has gone up to RM 167 million in its latest quarterly report. At 8 sen a share, its 339 million Karambunai shares are worth another RM 27.1 million. Cash + shares are already worth RM 2.28 per share.
27/02/2018 4:49 PM
Koh Chin Lai Expect RM2.50 by year end
27/02/2018 9:21 PM
funitec cash buy CASH.Nice.
17/04/2018 4:06 PM
Jasper Coo letgo
17/04/2018 4:21 PM
Kohcl8 Time to buy now
16/01/2019 10:28 PM
Kohcl8 It’s mcving , time to enter
24/01/2019 7:15 PM
Kohcl8 It’s moving now,buy now
14/02/2019 1:18 PM
prudentinvestor If the company directors do not know what to do with it's over RM 150 million cash pile, just distribute the money to the minority shareholders as dividend and let them decide what to do with their money.
14/02/2019 6:00 PM
Kohcl8 Maybe something is cooking and major trigger will happen
14/02/2019 8:08 PM
cherry88 Based on latest financial data as at 30Sep, its CASH per share stood at RM1.77 ! If you include their quoted shares and bond (total RM38.8mil), its CASH and CASH EQUIVALENT per share goes to RM2.30 !! This company has no borrowings. they are doing the "Dreamland" mattress. Most of you may buy this product before.
Subject to privatization, and possible at RM2.30 (against its Net Asset of RM2.57 per share). At current price of RM1.20, you are buying at RM1.20 in exchange to cash in the company for RM2.30.
15/02/2019 9:17 AM
Kohcl8 I would presume that the boss is consolidating his asset and may have take private or reverse take over
16/02/2019 9:39 AM
Kohcl8 Why sudden surge of the price?
24/09/2019 8:23 PM
AllanTingAS The Kbunai boss is the substantial sh.
24/09/2019 9:47 PM
Kohcl8 U think facb will be the next target?
28/09/2019 11:26 AM
paperplane Its a good d stock
05/11/2019 9:43 AM
prudentinvestor After selling its 339 million KBunai shares to LP Chen, Facbind will have almost RM 200 million in cash or net cash of RM 2.35 per share.
11/11/2019 3:30 PM
Kohcl8 There will be more install for Facb by Chen. Definitely some actions will be announce soon
13/11/2019 9:31 PM
Rjwealth Why the move recently? Privatisation?
10/10/2020 12:45 PM
stockraider Correction...facb did not sell kbunai to Chen loh...!!

They knew kbunai highly undervalue they hang on mah...!!

Posted by prudentinvestor > Nov 11, 2019 3:30 PM | Report Abuse

After selling its 339 million KBunai shares to LP Chen, Facbind will have almost RM 200 million in cash or net cash of RM 2.35 per share.
11/10/2020 6:52 PM
Rjwealth Petaling Tin, Kbunai.

Is FACB next to be privatised by Chen?

If yes, how much do you think he would offer?
12/10/2020 1:16 PM
knn8888 Active today. Cash rich company with zero borrowings. Potential for privatisation. Main shareholder has privatised his two other companies in the last 2 years, Ptg Tin and Kbunai.
02/12/2020 11:17 PM
shareinvestor88 VALUE TRAP GUYS , SELL AND GO ELSEWHERE
30/01/2021 9:09 AM
ipohwhitecoffee who buy call? ok i join
12/07/2021 11:34 AM
risktoreward Enter @ 1.42
15/07/2021 1:28 PM
risktoreward Release my small position at break even
06/08/2021 3:10 PM
prudentinvestor As at 31 Dec 2021, FACB's cash and other investments are worth over RM190 million or RM2.30 a share. It is ridiculous for its shares to trade at RM1.13 a share.
11/07/2022 12:16 PM
prudentinvestor The company has kept RM150 million cash in the bank for almost 10 years now and the management doesn't seem to know what to do with this vast amount of cash. Just declare a RM1 per share dividend. It is so simple.
22/02/2023 10:31 AM
stockraider Collect loh!
Jangan takut loh!
Veli safe mah!
22/02/2023 11:37 AM
prudentinvestor Very thinly traded everyday and very often it is not traded at all. This counter should have been taken private a long time ago.
26/02/2023 3:49 PM
prudentinvestor Better privatize this company and concentrate on casinos. It is a win win solution.
11/05/2023 3:06 PM
prudentinvestor Has gained by almost 25% over the last three months. Privatization in the pipeline?
21/07/2023 10:44 AM
speakup Noticed all the cash rich companies ripe for privatisation all up. Kseng, Facbind, Insas, Icap, Osk,
21/07/2023 10:55 AM
knn8888 Tightly held, cash rich (RM1.8 per share), zero bank borrowings. The major shareholder has taken private Kbunai and Petaling Tin 2 years ago, high chance will take this counter private.
21/07/2023 1:24 PM
stockraider Memang betul mah!

Fair value exceed Rm 2.40 loh!

Posted by knn8888 > 3 weeks ago | Report Abuse

Tightly held, cash rich (RM1.8 per share), zero bank borrowings. The major shareholder has taken private Kbunai and Petaling Tin 2 years ago, high chance will take this counter private.
16/08/2023 10:26 AM
speakup If u miss Facbind,
and u miss Icap
and also u miss Insas
don't miss the next one.....Mphbcap
03/09/2023 8:21 AM
prudentinvestor With the departure of its helmsman, hopefully Facbind's privatization process could be speeded up.
11/12/2023 12:09 PM
speakup IMO less chance now
11/12/2023 6:09 PM
TheContrarian Bought at 1.18.
13/03/2024 3:23 PM
prudentinvestor This company has been keeping over RM150 million cash for over 10 years. It has no viable business model. It should just sell all its assets and distribute its cash to shareholders and fold up.
01/04/2024 10:07 AM


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