Highlights
KLSE: MRCB (1651)       MALAYSIAN RESOURCES CORP BHD MAIN : Property
Last Price Today's Change   Day's Range   Trading Volume
0.795   +0.075 (10.42%)  0.72 - 0.81  84,227,100
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Overview

Market Cap: 3,494 Million
NOSH: 4,395 Million
Avg Volume (4 weeks):22,217,015
4 Weeks Range:0.675 - 0.81
4 Weeks Price Volatility (%):
88.89%
52 Weeks Range:0.55 - 1.31
52 Weeks Price Volatility (%):
32.24%
Average Price Target: 0.94
Price Target Upside/Downside: +0.145

Financial Highlight

Latest Quarter | Ann. Date 30-Jun-2018 [#2]  |  30-Aug-2018
Next QR | Est. Ann. Date: 30-Sep-2018  |  21-Nov-2018
T4Q P/E | EY: 18.51  |  5.40%
T4Q DY | Payout %: 1.09%  |  20.33%
T4Q NAPS | P/NAPS: 1.1089  |  0.72
T4Q NP Margin | ROE: 8.14%  |  3.87%

Headlines

Date Subject
10-Oct-2018 MQ Research: MRCB a Strong Contender in MRT2 Re-tendering
08-Oct-2018 MRT2 Cost-cutting Measures Announced – RM5.2bn Saved
18-Sep-2018 马资源业务如何?
03-Sep-2018 MRCB - Delays in Negotiations
03-Sep-2018 Malaysian Resources Corporation Berhad - Weak Results Due to Lower Revenue
03-Sep-2018 Malaysian Resources Corporation - 2Q Results Dragged by Property
03-Sep-2018 Malaysian Resources Corp - 1H18 Broadly in Line
24-Aug-2018 Ahza Adhwa's August T.A 2018 for MRCB
08-Aug-2018 M+ Online Technical Focus - 8 Aug 2018
08-Aug-2018 Terminating MRCB-George Kent as LRT3 PDP would have cost govt RM4.2b, says Lim
08-Aug-2018 Daily Market Update - 8 Aug 2018 (MMCCORP, MRCB)
06-Aug-2018 PublicInvest Research Headlines - 6 Aug 2018
29-Jul-2018 马资源上挑89仙/敏源
26-Jul-2018 MQ Research: MRCB – Bruised But Not Broken
25-Jul-2018 M+ Online Technical Focus - 25 Jul 2018
24-Jul-2018 Daily Technical Highlights – (MRCB, SCOMNET)
20-Jul-2018 MRCB: The Accumulation Week
18-Jul-2018 LRT3瘦身照跑‧马资源激烈波动
17-Jul-2018 Construction - 2H18 Outlook: Remains Challenging
16-Jul-2018 [ MRCB ] - 还有涨停板的机会吗 ?? - J4 Investing Capital

Business Background

Malaysian Resources Corp Bhd mainly operates in property and infrastructure development in Malaysia. The focus of its property development and investment division is a mixed portfolio of transport-oriented, commercial, and residential developments. The company retains complete control over its own property development projects by designing, building, and contracting via its engineering, construction, and environment division. The infrastructure and concession division operates and collects toll revenue on the Eastern Dispersal Link Expressway in Johor Bahru. Malaysian Resources Corporation Berhad's facilities management operation manages, maintains, and provides security services at transportation hubs, commercial and residential buildings, and car parks.
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  19 people like this.
 
khatulistiwa1234 MY BOSS ROSSA IS FULLY SUPPORT ME < HE TALK ME < YOU DEFINITELY NOT ALONE .
17/10/2018 17:57
khatulistiwa1234 YOU SUPPORT ANWAR < ROSSA FOLLOW SHOW HAND .
17/10/2018 17:57
khatulistiwa1234 WIND CLOUD RECOVERY CONFIRM IGNITE .
17/10/2018 17:58
IloveRX 1234 V V HIGH now
17/10/2018 17:59
khatulistiwa1234 not , My ball is itchy , ignite the burst is occupy .
17/10/2018 18:01
khatulistiwa1234 impure .
17/10/2018 18:02
khatulistiwa1234 experiment on impure .
17/10/2018 18:03
khatulistiwa1234 exploit the bomb .
17/10/2018 18:03
value_invest Have your ever heard of "star" stock in any new leasdership? By looking at the fact and fundamental of this stock, 1)GLC, 2)EPF holding substantially 33%, 3)participate in most of major and strategic gov projects, 3)low gearing after EDL disposal, 4) bukit jalil land partnership with EPF, 5)Boss closes tied wit Azmin, etc... MRCB seem to be the next coming star stock for this new regime... Accumulating....
17/10/2018 18:19
TEEXIAN1840 maybe tomorrow will gostan and wait for coming budget announcement. who knows...
17/10/2018 18:29
Notconfused Oranje has many accounts apparently
17/10/2018 18:35
khatulistiwa1234 steering man make recommend on stock .
17/10/2018 18:41
khatulistiwa1234 at least you know , it belong to which party .
17/10/2018 18:42
snair27 BUY (Maintained); Target Price RM0.98; Upside +31.6%

Transformation On Track

MRCB remains upbeat about its strategic asset monetisation being concluded by the
year-end via its transformation strategy; it continues to focus on cost rationalisation by
efficiently managing its recourses with plans to explore business management
systems. Meanwhile, its core business remains solid, underpinned by a strong
orderbook backlog of RM5.1b for its construction business and a promising property
development business (~GDV: RM56b). Maintain BUY. Target price: RM0.98.


To know more TA or FA or for daily tips, advices or any assistance, Whatsapp +60 11579 68067 (Susan)
17/10/2018 18:56
stockstockstock See mrcb announcement
17/10/2018 19:00
kenlaw Our announcements on 4 September 2015 and 23 October 2015 refer.

MRCB wishes to announce that Prasarana Malaysia Berhad (“Prasarana”) has via its letter dated 16 October 2018 to MRCB George Kent Sdn Bhd (“MRCB-GK”), informed that the Government of Malaysia has agreed to continue with the Project at a total cost of RM16.6 billion, including land acquisition costs, interests during construction and other costs.

The implementation concept of the Project will be remodelled from a Project Delivery Partner (“PDP”) regime to a Fixed Price Contract regime.

MRCB will make a further announcement to Bursa Securities as and when there is a material development in relation to the Project.



This announcement is dated 17 October 2018
17/10/2018 19:03
Plug hopefully will push up to RM1.00 this time lol....
17/10/2018 19:11
Plug But Anwar counter still weak....
17/10/2018 19:14
TEEXIAN1840 LRT3 proceed with 16.6b cost.
17/10/2018 20:05
TEEXIAN1840 tommorow still ada room ✈
17/10/2018 20:06
martinbartesque http://www.klsescreener.com/v2/news/view/444804

KUALA LUMPUR (Oct 17): MRCB George Kent Sdn Bhd said today the government has agreed to continue with the Light Rail Transit Line 3 (LRT3) project at a cost of RM16.6 billion – almost half or 47% of the earlier cost of RM31.45 billion in July.

This includes land acquisition costs, interests during construction and other costs.

"The implementation concept of the project (which connects Bandar Utama with Johan Setia) will be remodelled from a project delivery partner regime to a fixed price contract regime," Malaysian Resources Corp Bhd (MRCB) said in a filing with Bursa Malaysia today.

It added that further announcement to Bursa will be made as and when there is a material development in relation to the project.

On July 11, Finance Minister Lim Guan Eng revealed that the projected total cost of LRT3 had spiralled to a whopping RM31.45 billion, blaming it on Prasarana Malaysia Bhd’s poor management. The original estimate when the project was launched in 2015 was RM9 billion.

Guan Eng had then called for a drastic cost reduction to make the project feasible and cost-effective.

MRCB shares closed up 7.5 sen or 10.42% at 79.5 sen, with 84.23 million shares done, bringing a market capitalisation of RM3.49 billion.
17/10/2018 20:09
martinbartesque After the project cost is down 47%, u say d price will b up or down on tomorrow
17/10/2018 20:10
xiaodingdang reduce profit if project cost is down...
17/10/2018 20:16
TEEXIAN1840 tak rak ikan udang pun ok la, better than nothing...
17/10/2018 20:19
Notconfused Suspended which risked having the entire project being cancelled VS continued with reduced cost - which one is more positive?
17/10/2018 20:20
kenlaw reduce cost , build less and all the 16 bilion can count on the mrcb gk joinventure order book. the y become main con and can choose the contractor them.seft.or.construct by own.
17/10/2018 20:24
kenlaw if they good manage can earn more.
17/10/2018 20:27
TEEXIAN1840 mrcb can also sini potong sana potong, cost savings...
17/10/2018 20:29
rr88 Wah goreng old news packaged in brand new wrapper. Bolehland. Anything boleh. Gostan lar tomolo sell the news.
17/10/2018 20:35
Weeyaa proceed better than cancel... otherwise price will screwed down more n more... construction sector badly effected since PH won...
17/10/2018 20:38
calvintaneng One notable note:

Ministry of Finance has a position in MRCB. So LGE wants MRCB to do well and also PH Govt needs to perform also.
17/10/2018 20:47
Ahza Adhwa Zulkepli Tomorrow gap up. Don't trust me? Cut my d if you don't trust me.
17/10/2018 20:48
Syndicates Ahza Adhwa Zulkepli Tomorrow gap up. Don't trust me? Cut my d if you don't trust me.

bila US malam ni jatuh 1k point kau sakit jantung nanti
17/10/2018 20:58
Dr_Mahathir Kalau saya boleh hidup lebih 100 tahun dan tak mau bersara apa Anwar boleh buat?

khatulistiwa1234 USIR TM sudah ada , entak boleh tahan berapa lama , itu masih masalah .
17/10/2018 17:47
17/10/2018 20:59
EST85 Finally!!
Happy to ALL Construction holders. Tmr Continue limit up!!

http://www.klsescreener.com/v2/news/view/444810

https://m.facebook.com/story.php?story_fbid=758415404514337&id=491449334544280

https://www.thestar.com.my/business/business-news/2018/10/17/mrcb-surges-in-last-minute-buying-frenzy/
17/10/2018 20:59
SamuelLuke Go back to RM1!!! Yahoooooooo yes la!!!
17/10/2018 21:11
TEEXIAN1840 Dr_Mahathir, lu party bumi pinya seats jauh lebih kurang dari pkr, kalu lu tak mau turun. nanti anwar kasi lu pinya belakang baru lu tau...
17/10/2018 21:12
joetay2 flyingkite aka doraemon,

can u tell us something we dont know????

u r not value-adding to our knowledge.

lol.......

Posted by xiaodingdang > Oct 17, 2018 08:56 PM | Report Abuse

u all don't know what construction co do.. after getting a project.. u think they do it themselves? no, they will sub contract to other smaller construction co.. specialise in diff area n also construction work.. usually the Malay will get the job first n they don't do it themselves they pass to the lower usually Chinese co.. to do the work n get commission from them.. so the end profit for the actual working co is squeeze until very low n they have to cut cost in materials to make ends meet that is y a lot of tofu building come from..
17/10/2018 21:20
BlackCapital Cut half, work also cut corners.... earning also half.... tomorrow gap down, no wonder big guy all left before closing
17/10/2018 21:22
Sinoboy Hmmm, could be sharks trying to trap ikan bilis...
17/10/2018 21:42
Notconfused Blackcapital how did you know big sharks left before closing? A lot of big buy volumes at 0.695 and there is still a big queue there.
17/10/2018 21:46
beso from pdp became contractor somemore project value halved, sure they will make loss from this mega project.
sell...
17/10/2018 21:50
armadasaxon 85 sen is come
17/10/2018 22:05
cheeyong I will sell tomorrow morning to cut win fast-fast after I know that the project is cut half... should sell today but not have time to monitor...
17/10/2018 22:27
Uncle_Lim Money money. stock KING


Bought low, sell high
17/10/2018 22:38
SamuelLuke .9 is low or high ya I wanna ask??
17/10/2018 23:30
icecool project just come out at half price run tomorrow sure drop
17/10/2018 23:43
Safri Rahman they reduce six stations from original plan and use shorter train.. no wonder half price..
18/10/2018 00:11
Ioriyagamii LRT3 with half the price is nothing new ... Government already announced to continue LRT3 with half the price many weeks ago ...
18/10/2018 02:12
BN_better Why PDP become fixed-contract? All bec PH won GE good?
18/10/2018 03:21


 

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