prudentinvestorHighest closing price in more than three years. Rosy days probably lie ahead.
15/09/2017 9:38 AM
taitaumauI wonder whether an imminent storm is brewing.......
13/10/2017 3:46 PM
prudentinvestorSlowly creeping up over the past several months without being noticed by small investors. Privatization probably in the pipeline.
13/10/2017 3:56 PM
taitaumauWill this big boy make closing price 2 bids down?
13/10/2017 4:38 PM
shareinvestor88Another similar company is FLB flushed with cash 123m. No debt.
05/11/2017 7:54 AM
prudentinvestorFacbind 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?
prudentinvestorFacbind'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.
prudentinvestorIf 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
Kohcl8Maybe something is cooking and major trigger will happen
14/02/2019 8:08 PM
cherry88Based 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
Kohcl8I would presume that the boss is consolidating his asset and may have take private or reverse take over
prudentinvestorAfter 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
Kohcl8There will be more install for Facb by Chen. Definitely some actions will be announce soon
knn8888Active 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.
risktorewardRelease my small position at break even
06/08/2021 3:10 PM
prudentinvestorAs 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
prudentinvestorThe 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
stockraiderCollect loh! Jangan takut loh! Veli safe mah!
22/02/2023 11:37 AM
prudentinvestorVery 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
prudentinvestorBetter privatize this company and concentrate on casinos. It is a win win solution.
11/05/2023 3:06 PM
prudentinvestorHas gained by almost 25% over the last three months. Privatization in the pipeline?
21/07/2023 10:44 AM
speakupNoticed all the cash rich companies ripe for privatisation all up. Kseng, Facbind, Insas, Icap, Osk,
21/07/2023 10:55 AM
knn8888Tightly 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.
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
speakupIf 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
prudentinvestorWith the departure of its helmsman, hopefully Facbind's privatization process could be speeded up.
prudentinvestorThis 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.
