• 😍 As low as RM0.73/day to unleash the full potential of your stock investment!!!
  • 😍 As low as RM0.73/day to unleash the full potential of your stock investment!!!
Subscribe Now
premium Subscription Plan
add free StockBiz
YouTube Video Tutorials
1
FACBIND (2984) : FACB INDUSTRIES INCORPORATED BERHAD
i4value
Member StarMember Star
Posts: 556
Joined: Aug 2020
16 Aug 2023, 09:23 AMPost #1

Over the past 13 years, the company delivered an average ROA of 3% compared to the Bursa furniture sector average of 5%. Refer to Which are the better stocks in Bursa Malaysia furniture sector?. If you are a fundamental investor, I would look at others first before considering FACBIND.

i4value
Member StarMember Star
Posts: 556
Joined: Aug 2020
18 Oct 2024, 10:54 AMPost #2

FACBInd– will a new CEO herald a better future?

 

FACB Industries started off as a mattress company. In the early 90s it ventured into China as well the into the stainless steel pipes and fittings sector. Thereafter there was a change in the controlling shareholder. But there was no new business ventures and the group continue with the bedding and steel operations for many years

 

About a decade ago, the group started to divest its steel business so that today it is left with the bedding operations, its investment in China and lots of cash.

 

In Dec last year, the controlling shareholder pass away and his son has taken over the management of the group. Nothing new has happened so far but I hope that with a new person at the helm, there may be a change in the business fortune. So keep FACBInd in your radar.

 

1

yeah doh drool lol mad notworthy question rant rolleyes sad shutup shy smile star sweat thumbup wub cry

Login Required
Login required to unlock information below.
Login Now | Free Registration

Close
New Feature
MS Academy
MS Support
Thanks for your interest to subscribe our plan.

Please feel free to contact us at 016-237 8521 if you have any question regarding to our subscription plan.
AI StockMaster. Beat The Market! Checking MS Signal
DETECT REAL-TIME STOCK MOVEMENT
X
(InvestorPro Plan Only)
Complimentary access on Premium Plan*
What is AI StockMaster?
Window Alert On-Screen Alert X
X