TheLearner 8's comment on MALAKOF. All Comments

TheLearner 8
6 Like · Reply
< Personal Opinion >

For Malakof, looking at the QR trend, profit margin seems improving. But the actual QR for Sep'22 still pending for release.
Price stood up at above 200-day moving average line from technical point of view.
Best case scenario is if profit margin can stood at 5.1% and above for this coming release. At current price of RM0.645, dividend yield is 7.91% which is impressive in my opinion.
Let's see the upcoming QR if it worth my money to invest for long term.

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Quincy Lim
Hi, I strongly agree with your points. The overall fundamental is still good. Hope they will have more involvement in Renewable energy business.
With the consistent dividend payout and lock at current price 0.645/0.65. Definitely a good bargain. Guess there are room of improvement in share price in 6-12 months. Let's see how it goes. Cheers
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Like · 1 year · translate
Choong Wc
If earning above 2 cents. Can expect another 2 cents dividend by end of FY 2022
Like · 1 year · translate
Quincy Lim
From the history, Malakoff announces dividend in March and August.
Like · 1 year · translate
Choong Wc
Any idea what happened to quarter result?
Like · 1 year · translate
Quincy Lim
Pending announcements
1 Like · 1 year · translate
Choong Wc
Meaning? tomorrow is the deadline to announce 3rd Quarter result
Like · 1 year · translate
TheLearner 8
66.54 mil profit sounds wrong here. I think it should be 90.34 mil. Anyway, solid QR, growing revenue and expanding renewable energy business, also good from the ESG perspective, just the quarter profit 90.34 mil is being affected by the impairment loss on carrying value of investment in Al-Hidd IWPP (40%-owned foreign associate in Bahrain). On a long term view, profit is better in this quarter if we reverse the one-off impairment of 195mil.
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Like · 1 year · translate
TheLearner 8
Let's see if the "bad" QR due to 66.54 mil profit will cause some sell down tomorrow, then likely can be a good reason for me to chip in more. Anyhow once the error is removed, it is 90.34 mil compared to 119.15 mil last quarter, still not too bad as the business growth and this quarter QR is lower due to the impact from one-off impairment.
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1 Like · 1 year · translate
yap yap
Should be 90.335 m. Klse Type error..
Like · 1 year · translate
The 20pc
Oh mannn, I missed your recommendation…
Like · 1 year · translate
TheLearner 8
It's okay, still have next time. I am unloading this to take profit for now, entry 0.645, exit 0.685, taking in 6.20% first for CNY.
Like · 1 year · translate
TheLearner 8
This counter barely move from the time I sold off. Okay.
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