Comments on FAVCO

Lucky 999

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粗略看了看数据，好像一切都不错，但股价就一路向南。

1 month · translate ·

Previous replies (1)

Scooter Scooter

guess nxt yr will give same div rm0.09?

Like · 1 month · translate

Diu DIU DIU

if this price collect also not high price de,dividend also can safety and ok de,important is can collection how many share in this counter,hard colection only.....this share i see jo long time,in my watchlist add delete add delete add delete around 1.5+ de......Hahahahaha

Like · 1 month · translate

Chris Tian

3 Like · Reply

I think we shouldn't exclude the one off and forex losses in assessing the intrinsic value. The capability of the management in hedging the loss, offloading the costs to their customer, it's part of the management performance. If exclude everything, then we should exclude the existence of the weak management and useless blood-absorb substantial owner (muhibbah).

1 year · translate ·

Previous replies (2)

Chris Tian

yes, rare, but happens. There are companies have one off gain from hedging. Rare, but they gain. Why not Favco? So the assessment shouldn't exclude all the one-off element, in deriving intrinsic value. Because value is about everything it worth, including those management skills.

Like · 12 months · translate

Simon Loh

It's ok, most of the forex losses remains unrealised, which means the company will very high chances have forex gain at coming quarter.

Like · 11 months · translate

Sean Yee

2 Like · Reply

when is the latest quarter result?

11 months · translate ·

Cfm9566

1 Like · Reply

If exclude the one off items (eg: forex, allowances, derivatives & etc), Favco’s core Profit before Tax stood as:

24Q3: 27.231m
24Q2: 14.863m
24Q1: 14.686m

23Q4: 50.988m
23Q3: 22.040m
23Q2: 7.088m
23Q1: 9.994m

1 year · edited · translate ·

Previous replies (3)

Cfm9566

Without the forex issue, Q3 result actually look good!