Highlights
KLSE: MRCB (1651)       MALAYSIAN RESOURCES CORP Main : Properties
Last Price Today's Change   Day's Range   Trading Volume
1.37   +0.03 (2.24%)  1.35 - 1.38  6,880,500
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Overview

Market Cap: 3,003 Million
NOSH: 2,192 Million
Avg Volume (4 weeks):9,953,684
4 Weeks Range:1.31 - 1.48
4 Weeks Price Volatility (%):
35.29%
52 Weeks Range:1.03 - 1.80
52 Weeks Price Volatility (%):
44.16%
Average Price Target: 1.66
Price Target Upside/Downside: +0.29

Financial Highlight

Latest Quarter | Ann. Date 31-Mar-2017[#1]  |  29-May-2017
Next QR | Est. Ann. Date: 30-Jun-2017  |  25-Aug-2017
T4Q P/E | EY: 10.98  |  9.10%
T4Q DY | Payout %: 1.93%  |  21.21%
T4Q NAPS | P/NAPS: 1.3343  |  1.03
T4Q NP Margin | ROE: 13.06%  |  9.35%

Market Buzz

Date Type Subject
22-Jun-2017 Insider LEMBAGA TABUNG HAJI (a substantial shareholder) acquired 600,000 shares on 20-Jun-2017.
20-Jun-2017 Insider LEMBAGA TABUNG HAJI (a substantial shareholder) acquired 300,000 shares on 16-Jun-2017.
22-Jun-2017 Additional Listing ESOS - 12,000 shares at 1.360.
24-Jun-2017 Forum 5 New Comments

Headlines

Latest Headlines
16/06/2017  M+ Online Technical Focus - 16 Jun 2017
16/06/2017  Mplus Market Pulse - 16 Jun 2017
16/06/2017  MRCB - Snapping up more land
16/06/2017  Malaysian Resources Corp - A Knack for Prime Land
16/06/2017  PublicInvest Research Headlines - 16 Jun 2017
15/06/2017  MRCB unit to acquire land for RM335.5m
11/06/2017  马资源可续持?
07/06/2017  Mplus Market Pulse - 7 Jun 2017
02/06/2017  MRCB: JV With EPF on Project With RM20bn GDV
01/06/2017  MRCB - Bukit Jalil development JV sealed
01/06/2017  Mplus Market Pulse - 1 Jun 2017
01/06/2017  PublicInvest Research Headlines - 1 Jun 2017
30/05/2017  MRCB (HOLD, maintain) - Low profit margin
30/05/2017  MRCB - Stronger performance ahead
30/05/2017  MRCB - Worry Not ... Better Days Ahead
30/05/2017  MRCB's "Outperfom" Rating Maintained
30/05/2017  Malaysian Resources Corp - Banking on 2H17?
30/05/2017  Mplus Market Pulse - 30 May 2017
29/05/2017  MRCB's pre-tax profit rises to RM29.26 mln in Q117
19/05/2017  MRCB - Boosting its coffers for future growth

Business Background

Malaysian Resources Corporation Berhad (MRCB) is an investment holding company. The Company is engaged in property development and investment, building services, environmental engineering, infrastructure and engineering and construction related activities. The Company is a developer of residential, commercial and industrial properties in Malaysia. It operates in five segments: engineering and construction, property development, infrastructure and environmental, building services, and investment holding and others. On October 11, 2010, Bitar Enterprises Sdn. Bhd., a wholly owned subsidiary of the Company acquired 70% of the interest in MRCB Land (Australia) Pty. Ltd. On October 29, 2010, the Company acquired the remaining 60% interest in GSB Sentral Sdn. Bhd. On December 30, 2010, the Company acquired additional 18% interest in Cosy Bonanza Sdn. Bhd. (CBSB). With this acquisition, CBSB became a 65.7% subsidiary of the Company.
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  14 people like this.
 
nasaie24 tomorrow 1.45 ady. today closing 1.36
21/06/2017 13:19
Seng Thye Ng i dont think sooo.....drop more...
21/06/2017 13:21
kcwong Tabung Haji sure collect back again at 1.3X price
21/06/2017 14:19
Kartoonsukasuki26 just wait n see...drop or up
21/06/2017 14:29
Pirate_money Still drop?until RI?
21/06/2017 14:31
KingLucy Unstoppable! Haha
21/06/2017 15:08
Emilly94 bottom
21/06/2017 15:17
Cornerstone let it fall further..
21/06/2017 15:19
AdCool 1.31 is the support price. Just monitor and see.
21/06/2017 15:41
Seng Thye Ng not longer support....1.31
Raya salesssssssssssssssssssssssssssssssss
21/06/2017 15:58
Hh5519 Before raya show for raya money ke
21/06/2017 16:40
nasaie24 Didnt break 1.31. Whoever sold today will regret lol
21/06/2017 16:58
nasaie24 Will go up with drb
21/06/2017 20:20
Junx Leow if i guest correctly will have big suprices coming july
21/06/2017 20:39
STUPIDPUNCAKKPS junx leow what is the big surprise in july
21/06/2017 21:39
STUPIDPUNCAKKPS China Evergrande Group mrcb to get bandar malaysia is it?
21/06/2017 21:41
ehtan18 http://www.theedgemarkets.com/article/bandar-malaysias-rfp-be-issued-week-says-irwan-serigar
21/06/2017 22:13
Mugiwara please buy after raya... now is profit taking for Raya...
22/06/2017 06:29
ding dong wawawa...raya fire sale coming??...1.20 ??
22/06/2017 06:51
kcwong few times dropped to 1.3X for the past and will rebound to 1.4X again....lets see today...
22/06/2017 07:41
mrcibaiii faster die-lah this counter. Hopeless counter. No use at all.
22/06/2017 10:12
nasaie24 will close this week above 1.40
22/06/2017 10:15
kcwong this week is tomorrow wo, how to close above 1.40...
22/06/2017 11:14
greatgains88 esos at 1.36, LTH buying between 1.35 to 1.39 (20/06 price range).

I believe something is brewing. Maybe some announcement after raya.
22/06/2017 15:35
greatgains88 my personal TP is 1.60. Have been collecting when price drops below 1.35. Fingers crossed.
22/06/2017 15:37
greatgains88 Always remember to buy when people are selling and sell when people are buying. Cheers. Hope you guys will make some money.
22/06/2017 15:38
TrippleZ But everyday people sell
22/06/2017 15:40
ehtan18 Big player r trying to press down price so that they can collect lower when small player panic sale.
22/06/2017 16:02
greatgains88 TrippleZ, then everyday you buy. :) Go google Li Ka Shing's video on youtube, the one he gave an interview to an asian girl. He deploys similar strategy when buying or selling. Never all in at 1 go be it buying or selling so you don't miss out be it opportunity to buy or sell.

So far, my strategy of buying when others are dumping works well for me. This is also the strategy used by Koon Yew Yin. That was how he made alot of money during the HK crisis when their lease was coming to an end. But I buy with extra cash only and have the ability to hold should things don't turn out the way I expect.

Some of the stocks that I keep an eye for short term play in mind:-

(1) MRCB - Bought around RM1.35. Sell above RM1.60. Election play.
(2) DRBHCOM - Bought around RM1.65. Sell above RM1.75. Election play.
(3) DNEX - Bought around RM0.57/RM0.58. Sell above RM0.60. But for DNEX i do keep half for longer term, good company and management. Goreng + Invest.
(4) FGV - Bought around RM1.60. Sell above RM1.70. Election play.
(5) IRIS - Bought around RM0.15. Sell above RM0.17. Goreng. Repeated this cycle many times
(6) MUIIND - Bought around RM0.185. Sell above RM0.20. Goreng. Repeated this cycle many times.
(7) MYEG - Bought around RM2.0X. Sell above RM2.15. Stable. Repeated this cycle many times.
(8) JIANKUN-WA - Bought around RM0.085 and sell RM0.095.

Some of the stocks that I bought for long term play:-

(1) JIANKUN - currently having 2 projects launched. Was loss making for years but recent quarter they returned to black. I believe with the progressive billings coming in for their 2 projects, they should be able to turn around and record profitability for 2 years at least. Check lowyat forum on latest sale figures for Amani Residence. Looks good. Could be a good bet. Bought around RM0.28.
(2) DNEX - as per above. Good prospect.
(3) BJCORP - bought around 0.35 to keep. I believe will turn around.
(4) MKLAND - although some tax issue with LHDN now, but i think the recent drop has factored that in. High NTA. Safe bet.

*** The above is sharing some of the stocks i keep an eye on and is not a call to buy or sell. Just sharing part of my portfolio with you guys. BUY or SELL at your own risk. End of the day, do your own research and decide to buy or sell on your own as it is YOUR money and not mine.
22/06/2017 16:08
xiaogumin88 Thank you for sharing greatgains88
22/06/2017 18:50
Frederick Foo 'Watch closely for rebound' watching by private groups...
22/06/2017 23:25
MrRightTiming http://www.theedgemarkets.com/article/epf-gapurna-avoid-mgo-mrcbs-cash-call#.WUvWhH_4Rc0.twitter

Let's see how the share price reacts later! Hopefully up up!
23/06/2017 00:02
nasaie24 @MrRighTiming is that good news?
23/06/2017 00:14
kcwong Thank you for sharing greatgains88

Ya Tabung Haji keep collecting this few days at 1.3X price range...EPF & Gapurna willing to sapu all right issue to keep MRCB 0% gearing...may be so that they can get the new HSR?? or must be something else...lets see
23/06/2017 08:44
nasaie24 http://www.theedgemarkets.com/article/malaysia-issues-bandar-malaysia-rfp-seeks-fortune-500-affiliate
23/06/2017 11:38
nasaie24 Big fish make sure all small fish sell first before pushing up. Almost all small fish sold already, just a bit more.
23/06/2017 12:22
greatgains88 looks like the party has just begun.
23/06/2017 12:24
greatgains88 strong buy quantity at 1.36.
23/06/2017 12:24
TrippleZ No much hope for mrcb. Anyway, happy holiday guys.
23/06/2017 12:25
Frederick Foo http://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=1651
Shareholding Changes
Date of change Shares Director/
Substantial Shareholder
22 Jun 2017 Acquired
600,000 LEMBAGA TABUNG HAJI
20 Jun 2017 Acquired
300,000 LEMBAGA TABUNG HAJI
09 Jun 2017 Acquired
133,000 LEMBAGA TABUNG HAJI
09 Jun 2017 Acquired
300,000 LEMBAGA TABUNG HAJI
23/06/2017 12:40
MrRightTiming @nasaie24..today gap up after the announcement..meaning it is good news. Let's see after raya
23/06/2017 17:28
xuewenapeng Tabung Haji collecting
23/06/2017 19:59
xuewenapeng I think MRCB got Iskandar City project
23/06/2017 20:00
xuewenapeng Sure fly to 2.00 above
23/06/2017 20:00
xuewenapeng Got IskandarCity
23/06/2017 20:00
Mugiwara Hi guys...the project was assigned to IWH, EKOVEST, IWC...wait for the news.
24/06/2017 03:22
MrRightTiming Mugiwara...you sound like a fool without proof. The RFP has just been isssued =.=
24/06/2017 13:36
MrRightTiming MRCB is in a possible line up for a few construction awards:

1) LRT3 worth RM10 billion alongside GKent and other local contractors
2) Bandar Malaysia - RM64 billion to be shared by one of the Fortune 500 companies in partnership with local contractors-possibly MRCB, etc

Source: The Edge
24/06/2017 13:41
TrippleZ MRCB always got construction awards. That is never the concerned here.
24/06/2017 14:24
glim858 Could u share the link. Thks.
24/06/2017 14:25


 

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