MALAYSIAN RESOURCES CORPORATION BERHAD
KLSE (MYR): MRCB (1651)
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Last Price
0.655
Today's Change
-0.04 (5.76%)
Day's Change
0.65 - 0.68
Trading Volume
61,518,500
Financial
T4Q
31-Mar-2021
2020
31-Mar-2021
2019
31-Mar-2021
2018
31-Mar-2021
2017
31-Mar-2021
Discussions
22 people like this. Showing 50 of 29,999 comments
Its XD is already 2 weeks ago. It makes no difference is share price movement by now (share price movement not affecting by Dividend as it had already taken into consideration on the Ex-Date).
Description
MALAYSIAN RESOURCES CORPORATION BERHAD announced a quarterly dividend of RM 0.0100 per share. The dividend is payable on 20-May-2024, while the ex-date will be on 30-Apr-2024. This is equivalent to the previous dividend of RM 0.0100 per share, with ex-date of 26-Apr-2023 and paid to the shareholders on 17-May-2023.
Ann. Date Ex Date Amount Payment Date
20-Feb-2023 26-Apr-2023 RM 0.0100 17-May-2023
28-Feb-2022 27-Apr-2022 RM 0.0100 20-May-2022
06-Apr-2021 19-Apr-2021 RM 0.0100 19-May-2021
26-Feb-2020 29-Apr-2020 RM 0.0100 20-May-2020
2 weeks ago
MRCB pays too little dividend. Even if you have 100k shares, you get only RM1,000.
1 week ago
Technology, Property and Construction are trending today.. hopefully this is the theme for this whole week...
1 week ago
@prudentinvestor
MRCB pays too little dividend. Even if you have 100k shares, you get only RM1,000.
Pru, ya, 3174 better than this.
1 week ago
Good to hear from MRCB AGM that they are also planning to enter into Data Center and have tender for it. About time MRCB venture and diversify into new business.
1 week ago
@Investormy. U ada hadir AGMnya pagi ni? Ada berita baik tak selain menceburi ke bidang pusat data? 🙂
1 week ago
Pasti ada gangguan sikit.. Kos naik
https://www.nst.com.my/business/corporate/2024/05/1056266/mrcb-says-status-quo-ops-diesel-subsidy-removal
3 days ago
Horrific performance. MRCB's meteoric rise over the last few months isn't due to expected better results but pure speculation.
1 day ago
Disappointing qtr.. only hope is new project coming in..but look at its past performance…then we know how good they are
1 day ago
Look at page 7 at the Qtr Report. MRCB settled with government over the Bukit Jalil land issue in April, 2024. Land was injected in SPV with EPF at the appx value of RM1.4bil. But settlement is just RM1.3bil for release of the land.
1 day ago
The land was suppose to be given after completion of 2 projects. But now given for just project 1 + extra RM140mil. Note that the land is valued before 2017. Land value now?
1 day ago
MRCB audited report shows the land value is at RM380mil …..probably for 20% stake held by Rakan Juang in the SPV. 80% already sold to EPF at RM1.07bil
1 day ago
No idea whether price up or down tomorrow or next week. But I think there are people who will collect this counter before Budget 2025 announcement in October.
1 day ago
3 billion ringgit company but profit only peanuts $3 million.? .it's only 0.1%!.. when economy should hv been much better nowadays. they should get new CEO la. Revenue pun drop so much.
1 day ago
Good game for 1651. 花无百日红。
Investment, it takes time to realize and getting handsome profits.
0.35 to 0.70 = 100% upside since last year. It is good already.
Be patience.
1 day ago
@Ron90
3 billion ringgit company but profit only peanuts $3 million.? .it's only 0.1%!.. when economy should hv been much better nowadays. they should get new CEO la. Revenue pun drop so much.
Ya. If you compare like this, it is indeed not too good... It is worse than a company for e.g, supplying Mixed Rice products' retail company... hihihi
1 day ago
At least IJM record good pft..but why mrcb so terrible for the return on investment..epf is major shareholders.?.
1 day ago
I cannot tahan already. I have to say this.
Anyone who buys mrcb for past results is dumb. Anyone who expected high profits for past quarter is dumb.
You buy mrcb for growth catalysts. Mrcb has so many catalysts coming up. Look at the Prospects section of the quarterly report . No need to look at anything else. Stock valuation is forward looking. Mrcb is a growth Stock.
This is perfect time to flush out all weak holders.
13 hours ago
Direct negotiations alone got:
1. 5 LRT stations - previous budget mentioned 4.7bil cost . I find this on high side but even if you take 1-2 bil. That's great potential
2. Shah alam stadium - 1bil
3. KL Sentral redevelopment - 1bil
Other potential projects in pipeline:
1. MRT3 project
2. Flood mitigation
3. HSR project
4. Penang LRT
5. I'm sure got more I don't know about
So, yes this is a growth stock. To buy for past performance is just dumb. Period.
13 hours ago
Remember that you need a growth story & catalysts for a stock to move higher. Otherwise a stock won't go anywhere. Mrcb has so many growth stories & catalysts to push much much higher from here. Just be patient.
Like Warren Buffett said , the stock market is a machine to transfer wealth from the impatient to the patient. Or something like that. So, be patient. Once projects are announced it will be impossible to chase.
13 hours ago
& mrcb also has Rm 1bil in cash reserves. That works out to be 25sen per share.....
13 hours ago
Agreed.. in the past they also have many big projects … the execution part is the challenge.. given the opportunity, whether they can execute effectively or not is another question
13 hours ago
There is 2 big upcoming development projects, Bukit Jalil Sentral and Kwasa Damansara.
Note that in Q1 report, MRCB announced that they already got the land for Bukit Jalil Sentral from the government and released from the Land Bond in April, 2024. This was the main issue which is causing delay of the project. So, things will be moving for this project now.
13 hours ago
Q1 result shows lower revenue and profit because of Covid and MRCB took the prudent steps not to simply launch or undertake new project that time. Realistically, Q2 and Q3 will also be the same because all these new projects can only be billed later. The results will only flow smoothly next year.
13 hours ago
If you look at the LRT3 project, it is clear they were screwed by the previous government when the cancellation of stations & budget cuts caused their profit margin on the project to fall to ridiculous levels. At a glance, I think the overall margin for LRT 3 project fell to around 3%. That's lower than risk free interest rate. But they had to do as national service I guess. I think the reinstatement of 5 stations will compensate mrcb for being screwed previously. Just my 2sen
13 hours ago
There are so many tailwinds for mrcb - as long as the catalysts are there, there is a good probability of the stock going way above Rm1 on newsflow. That's how the stockmarket works. Just my 2sen...
13 hours ago
Target price remain at 80sen by RHB /OSK https://klse.i3investor.com/web/pricetarget/research/71633
11 hours ago
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