
M&G 5078 Share Price
PREV | CLOSE | CHANGE | HIGH | CLOSE |
---|---|---|---|---|
0.110 | - | - | - | - |
VOLUME | BUY VOL | BUY | SELL | SELL VOL |
---|---|---|---|---|
- | 5,730 | 0.110 | 0.115 | 7,320 |
52 Weeks Range : 0.04 - 0.23
PREV | CLOSE | CHANGE | HIGH | CLOSE |
---|---|---|---|---|
0.110 | - | - | - | - |
VOLUME | BUY VOL | BUY | SELL | SELL VOL |
---|---|---|---|---|
- | 5,730 | 0.110 | 0.115 | 7,320 |
The Star –
Marine & General Bhd is among the stocks to watch on Thursday, according to JF Apex Research. Marine & General returned to the black in the second quarter ended Oct 31, 2020 (2QFY21) with a net profit of RM56.07mil, compared with a net loss of RM14.97mil in the preceding quarter.
BURSA MALAYSIA –
The Upstream Division recorded LBT of RM12.4 million than the LBT of RM21.1 million in preceding quarter. Besides reducing its finance costs by RM4.5 million following the implementation of its debt restructuring, the Division also incurred non-recurring RM5 million adjustment for marine gas oil and stocks consumption. The Downstream Division recorded RM5.8 million LBT as compared to LBT of RM1.9 million in preceding quarter mainly due to recognition of higher operating costs following the addition of a new tanker to the fleet.
REMUNERATION STUDY –
In Financial Year End 1.5.2019 – 30.4.2020, the directors’ remuneration was 3.94 million. It was slightly high compared to average in listed companies, considering the employees’ remuneration of 48.9 million and auditor’s remuneration of 277 thousands
BURSA MALAYSIA –
The Group recorded RM23.8 million loss before taxation, an increase of 78% from the loss recorded in the immediate preceding quarter. The Upstream Division recorded higher loss before taxation of RM21.1 million than RM10.6 million recorded in the immediate preceding quarter mainly due to an unusual RM5 million adjustment for marine gas oil and stocks consumption and a RM4 million interest adjustment recognised during the quarter. On the other hand, the Downstream Division recorded RM1.9 million loss before taxation during the current quarter as compared to loss before taxation of RM1.8 million in the immediate preceding quarter mainly due to the higher operating costs following the addition of a new tanker to the fleet in the preceding quarter.
BURSA MALAYSIA –
The Group recorded a revenue of RM50.3 million for the quarter ended 31 January 2020, a decrease of 8% from the preceding period mainly due to lower charter activities by the Upstream Division, whose fleet utilisation decreased to 70% in 31 Jan 2020 from 73% in 31 October 2020.
INVESTING MALAYSIA –
M&G 21 JAN 20 – Marine & General Bhd (M&G) has secured a RM16 million contract from Petronas Carigali Sdn Bhd for the provision of an anchor handling tug and supply vessel.
Investing Malaysia –
Average investing volume for Marine & General Bhd in the past three months in stock market was 276.9k lots
Investing Malaysia –
M&G gets a score of 12.88 in our equity and assets quality test based on current share price of RM0.07
Investing Malaysia –
Marine & General Bhd gets a score of 0 in our stability test after the balance sheet, money statement study
Investing Malaysia –
Stock code of 5078 in Bursa Malaysia declared adjusted 0.67% dividend yield in past few years
Investing Malaysia –
M&G is forecasted to made loss of 23.67 millions, with an adjusted market capitalization of 50.67 millions
REMUNERATION STUDY –
In Financial Year End 1.1.2018 – 30.4.2019, the directors’ remuneration was 5.27 million. It was slightly high compared to average in listed companies, considering the employees’ remuneration of 64.5 million and auditor’s remuneration of 309 thousands