chang fok ming's comment on MUHIBAH. All Comments

chang fok ming
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Key take-way from Annual Report

1. SCA (associate company) has secured the operating rights of new Techo International Airport for 15 years + compensation of USD 140m

2. Favco has secured crane orders from Saudi’s Jeddah Tower (upcoming world tallest building)

3. dividend : 3 cent
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chang fok ming
Last year concession division (mainly airport) contribute > 100m profit !

This year the airport traffic expect to growth further 20%.

With the confirmation of 15 years operating rights at new airport (higher capacity somemore) ~ so ridiculous the share price trading at current level !!
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leong nleong
Reallly damnnn good news! Price now is under value!
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leong nleong
Rm 1.37 is fair price
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leong nleong
Year 2019, yoy profit 37m and share price rm 2.50.
Year 2024, yoy prpdit 70++m fair price from rm 1.37
Appreciate Value assets
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