
GOOD DIVIDEND
MALAKOF 5264 Share Price
RM1.07 RM0.86
52 Weeks Range : 0.8 - 1.02
BURSA MALAYSIA –
The Group recorded significantly lower profit before taxation of RM67.6 million in the current quarter compared with RM162.5 million in the immediate preceding quarter given the absence of TBE’s settlement agreement with GE in relation to the losses and damages incurred as a result of failure events which occurred between April 2017 and June 2019 and higher operations and maintenance costs.
BURSA MALAYSIA –
The Group recorded higher profit before taxation of RM162.5 million in the current quarter compared with RM140.2 million in the immediate preceding quarter, primarily attributed to higher contribution from Tanjung Bin Energy Sdn. Bhd. (“TBE”) following the settlement agreement reached with GE Power Services (Malaysia) Sdn Bhd in relation to the losses and damages incurred as a result of failure events which occurred at TBE’s plant between April 2017 and June 2019 as well as higher contributions from foreign investment in associates.
BURSA MALAYSIA –
The Group recorded a profit before taxation of RM140.2 million in the current quarter compared with 137.7 million in the preceding quarter, primarily due to higher contributions from TBP and TBE coal plants, absence of net impairment loss on carrying value of investment in KEV and absence of share of losses from KEV as a result of provisions made up to the carrying amount of investment in KEV.
REMUNERATION STUDY –
In Financial Year End 2019, the directors’ remuneration was 2.09 million. It was low compared to average in listed companies, considering the employees’ remuneration of 185.1 million and auditor’s remuneration of 1266 thousands
BURSA MALAYSIA –
The Group recorded lower profit before taxation of RM137.7 million in the current quarter compared with RM139.0 million in the preceding quarter, primarily due to higherthan-expected share of losses from KEV and net impairment loss on carrying value of investment in KEV moderated by one-off gain from the disposal of the Group’s investment in MAPL.
INVESTING MALAYSIA –
MALAKOF (23 DEC 19) Two Malakoff Corp Bhd special purpose vehicles (SPVs) have won the Government’s competitive Feed-in Tariff e-bidding small hydro tender exercise through the Sustainable Energy Development Authority Malaysia.
Investing Malaysia –
Average investing volume for Malakoff Corp. Bhd in the past three months in stock market was 1586.8k lots
Investing Malaysia –
MALAKOF gets a score of 20.81 in our equity and assets quality test based on current share price of RM0.9
Investing Malaysia –
Malakoff Corp. Bhd gets a score of 20.25 in our stability test after the balance sheet, money statement study
Investing Malaysia –
Stock code of 5264 in Bursa Malaysia declared adjusted 6.88% dividend yield in past few years
Investing Malaysia –
MALAKOF is estimated to have a profit consensus of 294.45 millions, with an adjusted market capitalization of 4398.27 millions
REMUNERATION STUDY –
In Financial Year End 2018, the directors’ remuneration was 2.37 million. It was low compared to average in listed companies, considering the employees’ remuneration of 207.8 million and auditor’s remuneration of 1687 thousands