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Last Price

0.675

Today's Change

-0.005 (0.74%)

Day's Change

0.675 - 0.70

Trading Volume

12,367,200


22 people like this.

29,930 comment(s). Last comment by theyoungman 1 day ago

Zikir95

110 posts

Posted by Zikir95 > 1 month ago | Report Abuse

Harap boleh naik sampai ke 70 sen sebelum Raya

Tanleechoo

345 posts

Posted by Tanleechoo > 1 month ago | Report Abuse

Still how many days to go for Raya .?

Leverage

11 posts

Posted by Leverage > 1 month ago | Report Abuse

UEM Grp has cancelled a tender for the complete sale of CIMA due to a significant financial performance. However they are considering selling a stake 0f 30%+- in CIMA to an interested party. Will MRCB be that interested party? Hmmmm..

AmySee

443 posts

Posted by AmySee > 1 month ago | Report Abuse

Uptrend movement for MRCB. It is possible for it to reach 0.70 before Hari Raya 🙂

NRahmat

92 posts

Posted by NRahmat > 1 month ago | Report Abuse

Accumulating mode

Posted by Investormy > 1 month ago | Report Abuse

Yes, there was a huge buy volume at 63.5sen and 64sen before closing.

NRahmat

92 posts

Posted by NRahmat > 1 month ago | Report Abuse

Can break 0.650 today?

Jack888

839 posts

Posted by Jack888 > 1 month ago | Report Abuse

0.65 0r 0.66 can touch today ??

Posted by Investormy > 1 month ago | Report Abuse

MRCB shortlisted for another flood mitigation project in Selangor after awarded RM350mil in previous flood project.

NRahmat

92 posts

Posted by NRahmat > 1 month ago | Report Abuse

Malaysian Resources Corporation is positioned for a robust rebound after breaking above the immediate resistance at MYR0.61. This was followed by consolidation at the same level yesterday, with the stock maintaining its position above the 21- day SMA line. If it continues to surpass the immediate resistance, there is a likelihood of the stock trending higher towards the MYR0.64 resistance, and potentially the MYR0.705 resistance. However, a fall below MYR0.57 would invalidate the bullish bias.

Source: RHB Securities Research - 21 Mar 2024

NRahmat

92 posts

Posted by NRahmat > 1 month ago | Report Abuse

0.650!

NRahmat

92 posts

Posted by NRahmat > 1 month ago | Report Abuse

0.655!

Kim

3,932 posts

Posted by Kim > 1 month ago | Report Abuse

On the way breaking 0.67 line

"BUY"

Kim

3,932 posts

Posted by Kim > 1 month ago | Report Abuse

TP 0.69 & 0.71 sen

Warrant = MRCB-C99

Zikir95

110 posts

Posted by Zikir95 > 1 month ago | Report Abuse

Bagus, byk berita baik tentang MRCB

Posted by Investormy > 1 month ago | Report Abuse

Based on the volume, MRCB should be testing 70sen anytime

Posted by Investormy > 1 month ago | Report Abuse

Already cross the big resistance at 65.5 sen

Kim

3,932 posts

Posted by Kim > 1 month ago | Report Abuse

66 to tear down

Goldberg

2,661 posts

Posted by Goldberg > 1 month ago | Report Abuse

'MRCB, Kimlun Corp among companies set to benefit from expedited flood mitigation projects

By S. BIRRUNTHA - March 26, 2024 @ 9:29am

KUALA LUMPUR: Malaysian Resources Corp Bhd (MRCB) and Kimlun Corp are among companies expected to benefit from expedited flood mitigation projects within the construction sector, RHB research said.

The research firm said the federal government has allocated about RM11.8 billion under Budget 2024 for flood mitigation projects spread across 33 high priority projects.

Posted by Investormy > 1 month ago | Report Abuse

In the meantime, CIMB Securities advises investors to focus on contractors with a good track record in Sabah and possess a strong balance sheet such as Gamuda Bhd, IJM Corp Bhd and Malaysian Resources Corp Bhd (MRCB).

theyoungman

1,756 posts

Posted by theyoungman > 1 month ago | Report Abuse

Kim is back. ❤️😘

Kim

3,932 posts

Posted by Kim > 1 month ago | Report Abuse

Wait and see..

Sure fly =)

Kim

3,932 posts

Posted by Kim > 1 month ago | Report Abuse

I am sure then we
kaboommmm today

Kim

3,932 posts

Posted by Kim > 1 month ago | Report Abuse

Dont forget mrcb-C99 warrant those liked warrant

NRahmat

92 posts

Posted by NRahmat > 1 month ago | Report Abuse

0.665!

yoonlee

11 posts

Posted by yoonlee > 1 month ago | Report Abuse

RAYA Green

cedcan

401 posts

Posted by cedcan > 1 month ago | Report Abuse

wb not moving ...

Kim

3,932 posts

Posted by Kim > 1 month ago | Report Abuse

0.67 tearing down shortly

Kim

3,932 posts

Posted by Kim > 1 month ago | Report Abuse

3,30 PM onward

Game Show =)

Kim

3,932 posts

Posted by Kim > 1 month ago | Report Abuse

Get ready =)

Kim

3,932 posts

Posted by Kim > 1 month ago | Report Abuse

3.30 PM yeah. =) =) =)

Posted by Investormy > 1 month ago | Report Abuse

Will be testing 70sen again this week

Kim

3,932 posts

Posted by Kim > 1 month ago | Report Abuse

69 - 70c hit today =)

Kim

3,932 posts

Posted by Kim > 1 month ago | Report Abuse

Believe it harr. 69 & 70c

"BUY"

Kim

3,932 posts

Posted by Kim > 1 month ago | Report Abuse

Going to tear 675 shortly

NRahmat

92 posts

Posted by NRahmat > 1 month ago | Report Abuse

To the moon!

Kim

3,932 posts

Posted by Kim > 1 month ago | Report Abuse

Ok ready to go clean 675

NRahmat

92 posts

Posted by NRahmat > 1 month ago | Report Abuse

Investable ideas in the flood mitigation space include Malaysian Resources Corp which has been shortlisted for a flood mitigation job in Selangor. This is not a surprise as MRCB is currently involved in the MYR380m Muara Sungai Pahang Phase 3 flood mitigation project. Aside from this, Kimlun Corp (KICB MK, NR) has expressed its intention to bid for flood mitigation projects which will most likely be in Johor given the group’s prominence in the state, in our view. We also do not discount the possibility of Rohas Tecnic (RTEC MK, NR) potentially clinching flood mitigation projects in the near future. This is premised on its involvement in the MYR85m job constructing pumping stations at two existing retention ponds and laying water pipelines to convey the water to the Semenyih Water Treatment Plant (WTP) intake.

B03392

93 posts

Posted by B03392 > 1 month ago | Report Abuse

Brace for more good news for MRCB. Hold until healthy earnings for all👍

Posted by Investormy > 1 month ago | Report Abuse

There will be RM100mil extraordinary profit to be recorded this Q1 for the sale of Plaza Alam Sentral and PJ Sentral acquisition.

NRahmat

92 posts

Posted by NRahmat > 1 month ago | Report Abuse

Engine start. 0.70 today?

Leverage

11 posts

Posted by Leverage > 1 month ago | Report Abuse

Folk, MRCB need a confirmed breakout above the 69sen to extend rally towards the 74sen, with next resistance at the 79sen, and key uptrend supports at the rising 50-day ma (59sen) and 100-day ma (52sen).

Tanleechoo

345 posts

Posted by Tanleechoo > 1 month ago | Report Abuse

Tqsm for sharing..

Kim

3,932 posts

Posted by Kim > 1 month ago | Report Abuse

Buy more.

Going to move now

Apple2353

1,657 posts

Posted by Apple2353 > 1 month ago | Report Abuse

where got move.. consider lucky if today close flat

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