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MFCB: Got 'Story' to tell for this stock ....
Not a liquid stock...
Construction of Laos power plant has a cumulative physical completion of 87.3% as at March 2019. Strong cashflows of not less than rm300 mil annually upon completion of the hydropower plant.
We may see dividend per share of 30 sen per annum for next 25 years. Higher dividend payout in future due to MFCB plans for more RE projects in the region. Cost savings as company plans to repay its USD150 millions loan within first 3 yrs upon commencement of the plant.
Technically is overbought. Support is at 3.55, 3.66 to 3.68 level.
Disclaimer: None of the content published on Bursa Chat constitutes a recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person.
Construction of Laos power plant has a cumulative physical completion of 87.3% as at March 2019. Strong cashflows of not less than rm300 mil annually upon completion of the hydropower plant.
We may see dividend per share of 30 sen per annum for next 25 years. Higher dividend payout in future due to MFCB plans for more RE projects in the region. Cost savings as company plans to repay its USD150 millions loan within first 3 yrs upon commencement of the plant.
Technically is overbought. Support is at 3.55, 3.66 to 3.68 level.
Disclaimer: None of the content published on Bursa Chat constitutes a recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person.
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