Highlights
KLSE: MRCB (1651)       MALAYSIAN RESOURCES CORP BHD MAIN : Property
Last Price Today's Change   Day's Range   Trading Volume
0.75   +0.01 (1.35%)  0.73 - 0.755  4,220,900
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Financials


Market Cap: 3,309 Million

Market Cap 3,309 Million
NOSH 4,412 Million

Latest Audited Result:  31-Dec-2018

Latest Audited Result: 31-Dec-2018
Announcement Date 30-Apr-2019
Next Audited Result: 31-Dec-2019
Est. Ann. Date: 30-Apr-2020
Est. Ann. Due Date: 28-Jun-2020

Latest Quarter:  30-Jun-2019 [#2]

Latest Quarter: 30-Jun-2019 [#2]
Announcement Date 26-Aug-2019
Next Quarter: 30-Sep-2019
Est. Ann. Date: 22-Nov-2019
Est. Ann. Due Date: 29-Nov-2019
QoQ | YoY   167.40%  |    -66.94%

Annual (Unaudited) ( EPS: 2.29, P/E: 32.71 )

Revenue | NP to SH 1,870,705  |  101,167
RPS | P/RPS 42.40 Cent  |  1.77
EPS | P/E | EY 2.29 Cent  |  32.71  |  3.06%
DPS | DY | Payout % 1.74 Cent  |  2.32%  |  75.95%
NAPS | P/NAPS 1.09  |  0.69
YoY   -39.63%
NP Margin | ROE 5.49%  |  2.09%
F.Y. | Ann. Date 31-Dec-2018  |  26-Feb-2019

T4Q Result ( EPS: 1.39, P/E: 53.91 )

Revenue | NP to SH 1,512,883  |  61,384
RPS | P/RPS 34.29 Cent  |  2.19
EPS | P/E | EY 1.39 Cent  |  53.91  |  1.86%
DPS | DY | Payout % 1.74 Cent  |  2.32%  |  125.18%
NAPS | P/NAPS 1.10  |  0.68
QoQ | YoY   -26.73%  |    -67.47%
NP Margin | ROE 3.57%  |  1.26%
F.Y. | Ann. Date 30-Jun-2019  |  26-Aug-2019

Annualized Result ( EPS: 0.69, P/E: 108.91 )

Revenue | NP to SH 950,046  |  30,384
RPS | P/RPS 21.53 Cent  |  3.48
EPS | P/E | EY 0.69 Cent  |  108.91  |  0.92%
DPS | DY | Payout % -
NAPS | P/NAPS -
QoQ | YoY   83.70%  |    -72.37%
NP Margin | ROE 1.94%  |  0.63%
F.Y. | Ann. Date 30-Jun-2019  |  26-Aug-2019


Hints :
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Date Financial Result Financial Ratio Per Share Item Performance Valuation (End of Quarter) Valuation (Ann. Date)
F.Y. Ann. Date Quarter # Revenue PBT NP NP to SH Div Net Worth Div Payout % NP Margin ROE NOSH RPS Adj. RPS EPS Adj. EPS DPS Adj. DPS NAPS Adj. NAPS QoQ YoY EOQ Date EOQ Price EOQ P/RPS EOQ P/EPS EOQ P/NAPS EOQ EY EOQ DY ANN Date ANN Price ANN P/RPS ANN P/EPS ANN P/NAPS ANN EY ANN DY
31-Dec-2019 26-Aug-2019 30-Jun-2019 2 1,512,883 66,427 53,968 61,384 76,838 4,853,391 125.18% 3.57% 1.26% 4,400,173 34.38 34.29 1.40 1.39 1.75 1.74 1.1030 1.10   -26.73%   -67.47% 28-Jun-2019 0.95 2.76 68.10 0.86 1.47% 1.84% 26-Aug-2019 0.74 2.15 53.05 0.67 1.89% 2.36%
31-Dec-2019 30-May-2019 31-Mar-2019 1 1,677,159 99,633 78,583 83,775 76,838 4,839,368 91.72% 4.69% 1.73% 4,399,426 38.12 38.01 1.90 1.90 1.75 1.74 1.1000 1.10   -17.19%   -53.10% 29-Mar-2019 0.885 2.32 46.48 0.80 2.15% 1.98% 30-May-2019 0.93 2.44 48.84 0.85 2.05% 1.88%
31-Dec-2018 26-Feb-2019 31-Dec-2018 4 1,870,705 121,777 102,655 101,167 76,838 4,829,850 75.95% 5.49% 2.09% 4,390,773 42.61 42.40 2.30 2.29 1.75 1.74 1.1000 1.09   -43.93%   -39.63% 31-Dec-2018 0.615 1.44 26.69 0.56 3.75% 2.85% 26-Feb-2019 0.80 1.88 34.72 0.73 2.88% 2.19%
31-Dec-2018 22-Nov-2018 30-Sep-2018 3 1,904,760 245,647 181,178 180,420 38,369 4,799,115 21.27% 9.51% 3.76% 4,390,773 43.38 43.17 4.11 4.09 0.87 0.87 1.0930 1.09   -4.40%   -27.83% 28-Sep-2018 0.72 1.66 17.52 0.66 5.71% 1.21% 22-Nov-2018 0.73 1.68 17.77 0.67 5.63% 1.20%
31-Dec-2018 30-Aug-2018 30-Jun-2018 2 2,375,123 257,479 193,237 188,717 38,369 4,873,758 20.33% 8.14% 3.87% 4,390,773 54.09 53.83 4.30 4.28 0.87 0.87 1.1100 1.10   5.64%   -24.91% 29-Jun-2018 0.60 1.11 13.96 0.54 7.16% 1.46% 30-Aug-2018 0.70 1.29 16.29 0.63 6.14% 1.25%
31-Dec-2018 30-May-2018 31-Mar-2018 1 2,726,396 248,627 187,030 178,640 38,369 4,842,233 21.48% 6.86% 3.69% 4,390,057 62.10 61.79 4.07 4.05 0.87 0.87 1.1030 1.10   6.60%   -34.23% 30-Mar-2018 1.01 1.63 24.82 0.92 4.03% 0.87% 30-May-2018 0.57 0.92 14.01 0.52 7.14% 1.53%
31-Dec-2017 28-Feb-2018 31-Dec-2017 4 2,823,651 247,333 181,808 167,575 38,369 2,411,814 22.90% 6.44% 6.95% 2,192,559 128.78 64.00 7.64 3.80 1.75 0.87 1.1000 0.55   -32.97%   -37.32% 29-Dec-2017 1.12 0.87 14.65 1.02 6.82% 1.56% 28-Feb-2018 1.08 0.84 14.13 0.98 7.08% 1.62%
31-Dec-2017 21-Nov-2017 30-Sep-2017 3 3,447,140 354,381 285,962 250,002 57,984 2,995,428 23.19% 8.30% 8.35% 2,194,453 157.08 78.13 11.39 5.67 2.64 1.31 1.3650 0.68   -0.52%   135.70% 29-Sep-2017 1.06 0.67 9.30 0.78 10.75% 2.49% 21-Nov-2017 0.975 0.62 8.56 0.71 11.68% 2.71%
31-Dec-2017 29-Aug-2017 30-Jun-2017 2 2,864,239 363,658 295,037 251,307 57,984 3,012,019 23.07% 10.30% 8.34% 2,184,205 131.13 64.92 11.51 5.70 2.65 1.31 1.3790 0.68   -7.48%   205.31% 30-Jun-2017 1.38 1.05 11.99 1.00 8.34% 1.92% 29-Aug-2017 1.19 0.91 10.34 0.86 9.67% 2.23%
31-Dec-2017 29-May-2017 31-Mar-2017 1 2,491,897 400,955 324,199 271,616 57,984 2,135,101 21.35% 13.01% 12.72% 2,135,101 116.71 56.48 12.72 6.16 2.72 1.31 1.0000 0.48   1.59%   180.27% 31-Mar-2017 1.70 1.46 13.36 1.70 7.48% 1.60% 29-May-2017 1.41 1.21 11.08 1.41 9.02% 1.93%
31-Dec-2016 27-Feb-2017 31-Dec-2016 4 2,408,072 392,629 319,097 267,360 57,984 2,878,130 21.69% 13.25% 9.29% 2,108,520 114.21 54.58 12.68 6.06 2.75 1.31 1.3650 0.65   152.06%   -19.08% 30-Dec-2016 1.33 1.16 10.49 0.97 9.53% 2.07% 27-Feb-2017 1.43 1.25 11.28 1.05 8.87% 1.92%
31-Dec-2016 30-Nov-2016 30-Sep-2016 3 1,764,622 154,386 144,133 106,069 0 2,517,231 - % 8.17% 4.21% 1,972,751 89.45 40.00 5.38 2.40 0.00 0.00 1.2760 0.57   28.86%   -64.45% 30-Sep-2016 1.30 1.45 24.18 1.02 4.14% 0.00% 30-Nov-2016 1.31 1.46 24.36 1.03 4.10% 0.00%
31-Dec-2016 25-Aug-2016 30-Jun-2016 2 1,587,468 118,118 112,344 82,313 0 2,388,959 - % 7.08% 3.45% 1,864,917 85.12 35.98 4.41 1.87 0.00 0.00 1.2810 0.54   -15.07%   -74.28% 30-Jun-2016 1.06 1.25 24.02 0.83 4.16% 0.00% 25-Aug-2016 1.29 1.52 29.23 1.01 3.42% 0.00%
31-Dec-2016 31-May-2016 31-Mar-2016 1 1,728,557 136,306 128,726 96,913 0 2,220,797 - % 7.45% 4.36% 1,752,800 98.62 39.18 5.53 2.20 0.00 0.00 1.2670 0.50   -70.67%   -74.40% 31-Mar-2016 1.25 1.27 22.61 0.99 4.42% 0.00% 31-May-2016 1.16 1.18 20.98 0.92 4.77% 0.00%
31-Dec-2015 22-Feb-2016 31-Dec-2015 4 1,696,727 370,112 364,029 330,392 0 2,259,205 - % 21.45% 14.62% 1,785,933 95.01 38.46 18.50 7.49 0.00 0.00 1.2650 0.51   10.75%   116.46% 31-Dec-2015 1.28 1.35 6.92 1.01 14.45% 0.00% 22-Feb-2016 1.21 1.27 6.54 0.96 15.29% 0.00%
31-Dec-2015 19-Nov-2015 30-Sep-2015 3 1,795,698 386,366 336,885 298,328 43,958 2,242,866 14.73% 18.76% 13.30% 1,761,875 101.92 40.70 16.93 6.76 2.50 1.00 1.2730 0.51   -6.80%   86.31% 30-Sep-2015 1.18 1.16 6.97 0.93 14.35% 2.12% 19-Nov-2015 1.37 1.34 8.09 1.08 12.36% 1.82%
31-Dec-2015 24-Aug-2015 30-Jun-2015 2 1,918,898 402,356 362,507 320,083 43,958 2,314,719 13.73% 18.89% 13.83% 1,788,809 107.27 43.49 17.89 7.25 2.50 1.00 1.2940 0.52   -15.44%   3,000.68% 30-Jun-2015 1.18 1.10 6.59 0.91 15.16% 2.12% 24-Aug-2015 0.83 0.77 4.64 0.64 21.56% 3.01%
31-Dec-2015 21-May-2015 31-Mar-2015 1 1,714,303 449,169 413,062 378,510 43,958 2,246,663 11.61% 24.10% 16.85% 1,783,065 96.14 38.86 21.23 8.58 2.47 1.00 1.2600 0.51   147.99%   469.64% 31-Mar-2015 1.25 1.30 5.89 0.99 16.98% 1.97% 21-May-2015 1.32 1.37 6.22 1.05 16.08% 1.87%
31-Dec-2014 23-Feb-2015 31-Dec-2014 4 1,514,767 220,618 183,519 152,634 43,958 1,983,399 28.80% 12.12% 7.70% 1,758,333 86.15 34.33 8.68 3.46 2.50 1.00 1.1280 0.45   -4.68%   239.86% 31-Dec-2014 1.22 1.42 14.05 1.08 7.12% 2.05% 23-Feb-2015 1.40 1.63 16.13 1.24 6.20% 1.79%
31-Dec-2014 18-Nov-2014 30-Sep-2014 3 1,396,600 223,308 187,652 160,126 17,053 1,987,748 10.65% 13.44% 8.06% 1,755,961 79.53 31.65 9.12 3.63 0.97 0.39 1.1320 0.45   1,451.16%   240.07% 30-Sep-2014 1.64 2.06 17.98 1.45 5.56% 0.59% 18-Nov-2014 1.49 1.87 16.34 1.32 6.12% 0.65%
31-Dec-2014 22-Aug-2014 30-Jun-2014 2 1,059,066 42,256 13,556 10,323 17,053 1,881,575 165.20% 1.28% 0.55% 1,657,776 63.88 24.00 0.62 0.23 1.03 0.39 1.1350 0.43   110.08%   -76.47% 30-Jun-2014 1.71 2.68 274.61 1.51 0.36% 0.60% 22-Aug-2014 1.68 2.63 269.79 1.48 0.37% 0.61%
31-Dec-2014 19-May-2014 31-Mar-2014 1 919,112 -83,394 -102,353 -102,399 17,053 1,701,204 - % -11.14% -6.02% 1,664,583 55.22 20.83 -6.15 -2.32 1.02 0.39 1.0220 0.39   6.17%   -336.93% 31-Mar-2014 1.64 2.97 -26.66 1.60 -3.75% 0.62% 19-May-2014 1.53 2.77 -24.87 1.50 -4.02% 0.67%
31-Dec-2013 25-Feb-2014 31-Dec-2013 4 976,497 -102,220 -117,951 -109,132 17,053 1,730,965 - % -12.08% -6.30% 1,705,384 57.26 22.13 -6.40 -2.47 1.00 0.39 1.0150 0.39   4.54%   -281.52% 31-Dec-2013 1.29 2.25 -20.16 1.27 -4.96% 0.78% 25-Feb-2014 1.57 2.74 -24.53 1.55 -4.08% 0.64%
31-Dec-2013 29-Nov-2013 30-Sep-2013 3 910,568 -89,123 -119,895 -114,321 28,304 1,506,699 - % -13.17% -7.59% 1,487,363 61.22 20.64 -7.69 -2.59 1.90 0.64 1.0130 0.34   -360.58%   -222.63% 30-Sep-2013 1.49 2.43 -19.39 1.47 -5.16% 1.28% 29-Nov-2013 1.36 2.22 -17.69 1.34 -5.65% 1.40%
31-Dec-2013 26-Aug-2013 30-Jun-2013 2 1,050,652 97,761 64,064 43,871 28,304 1,420,438 64.52% 6.10% 3.09% 1,383,095 75.96 23.81 3.17 0.99 2.05 0.64 1.0270 0.32   1.51%   -39.22% 28-Jun-2013 1.53 2.01 48.24 1.49 2.07% 1.34% 26-Aug-2013 1.49 1.96 46.97 1.45 2.13% 1.37%
31-Dec-2013 23-May-2013 31-Mar-2013 1 1,206,429 103,482 66,189 43,219 28,304 1,415,275 65.49% 5.49% 3.05% 1,382,105 87.29 27.34 3.13 0.98 2.05 0.64 1.0240 0.32   -28.11%   -49.15% 29-Mar-2013 1.43 1.64 45.73 1.40 2.19% 1.43% 23-May-2013 1.70 1.95 54.36 1.66 1.84% 1.20%
31-Dec-2012 26-Feb-2013 31-Dec-2012 4 1,273,019 134,002 91,167 60,122 28,304 1,446,373 47.08% 7.16% 4.16% 1,415,238 89.95 28.85 4.25 1.36 2.00 0.64 1.0220 0.33   -35.51%   -28.81% 31-Dec-2012 1.55 1.72 36.49 1.52 2.74% 1.29% 26-Feb-2013 1.27 1.41 29.90 1.24 3.35% 1.57%
31-Dec-2012 20-Nov-2012 30-Sep-2012 3 1,443,825 148,145 118,065 93,226 27,782 1,418,797 29.80% 8.18% 6.57% 1,386,899 104.10 32.72 6.72 2.11 2.00 0.63 1.0230 0.32   29.16%   -2.71% 28-Sep-2012 1.60 1.54 23.80 1.56 4.20% 1.25% 20-Nov-2012 1.76 1.69 26.18 1.72 3.82% 1.14%
31-Dec-2012 16-Aug-2012 30-Jun-2012 2 1,430,365 121,490 94,173 72,179 27,782 1,360,332 38.49% 6.58% 5.31% 1,393,783 102.62 32.42 5.18 1.64 2.00 0.63 0.9760 0.31   -15.08%   -14.84% 29-Jun-2012 1.75 1.71 33.79 1.79 2.96% 1.14% 16-Aug-2012 1.74 1.70 33.60 1.78 2.98% 1.15%
31-Dec-2012 22-May-2012 31-Mar-2012 1 1,323,698 125,802 103,323 85,001 27,782 1,380,810 32.69% 7.81% 6.16% 1,384,687 95.60 30.00 6.14 1.93 2.00 0.63 0.9972 0.31   0.65%   7.56% 30-Mar-2012 1.90 1.99 30.95 1.91 3.23% 1.05% 22-May-2012 1.60 1.67 26.06 1.60 3.84% 1.25%
31-Dec-2011 08-Feb-2012 31-Dec-2011 4 1,216,571 114,236 98,910 84,448 27,782 1,379,424 32.90% 8.13% 6.12% 1,389,148 87.58 27.57 6.08 1.91 2.00 0.63 0.9930 0.31   -11.87%   25.54% 30-Dec-2011 2.16 2.47 35.53 2.18 2.81% 0.93% 08-Feb-2012 2.24 2.56 36.85 2.26 2.71% 0.89%
31-Dec-2011 25-Nov-2011 30-Sep-2011 3 1,175,808 116,964 102,135 95,818 20,682 0 21.58% 8.69% - % 1,392,077 84.46 26.65 6.88 2.17 1.50 0.47 0.0000 0.00   13.05%   150.97% 30-Sep-2011 1.68 1.99 24.41 0.00 4.10% 0.89% 25-Nov-2011 1.89 2.24 27.46 0.00 3.64% 0.79%
31-Dec-2011 11-Aug-2011 30-Jun-2011 2 1,160,365 111,476 93,137 84,759 20,682 0 24.40% 8.03% - % 1,388,759 83.55 26.30 6.10 1.92 1.50 0.47 0.0000 0.00   7.26%   90.38% 30-Jun-2011 2.23 2.67 36.54 0.00 2.74% 0.67% 11-Aug-2011 2.23 2.67 36.54 0.00 2.74% 0.67%
31-Dec-2011 26-May-2011 31-Mar-2011 1 1,099,399 106,633 86,949 79,024 20,682 1,309,967 26.17% 7.91% 6.03% 1,384,743 79.39 24.92 5.71 1.79 1.50 0.47 0.9460 0.30   17.47%   78.31% 31-Mar-2011 2.20 2.77 38.55 2.33 2.59% 0.68% 26-May-2011 2.16 2.72 37.85 2.28 2.64% 0.69%
31-Dec-2010 09-Feb-2011 31-Dec-2010 4 1,067,579 97,575 73,794 67,269 20,682 1,282,287 30.75% 6.91% 5.25% 1,378,803 77.43 24.20 4.88 1.52 1.50 0.47 0.9300 0.29   76.19%   94.28% 30-Dec-2010 1.99 2.57 40.79 2.14 2.45% 0.75% 09-Feb-2011 2.21 2.85 45.30 2.38 2.21% 0.68%
31-Dec-2010 22-Nov-2010 30-Sep-2010 3 916,130 71,651 48,049 38,179 9,059 1,195,380 23.73% 5.24% 3.19% 1,361,481 67.29 20.76 2.80 0.87 0.67 0.21 0.8780 0.27   -14.24%   323.45% 30-Sep-2010 2.10 3.12 74.89 2.39 1.34% 0.32% 22-Nov-2010 2.15 3.20 76.67 2.45 1.30% 0.31%
31-Dec-2010 24-Aug-2010 30-Jun-2010 2 902,329 68,628 49,175 44,520 9,059 1,212,018 20.35% 5.45% 3.67% 1,375,730 65.59 20.45 3.24 1.01 0.66 0.21 0.8810 0.27   0.46%   182.58% 30-Jun-2010 1.56 2.38 48.21 1.77 2.07% 0.42% 24-Aug-2010 1.67 2.55 51.61 1.90 1.94% 0.39%
31-Dec-2010 18-May-2010 31-Mar-2010 1 958,698 59,462 48,049 44,318 9,059 921,170 20.44% 5.01% 4.81% 1,058,817 90.54 21.73 4.19 1.00 0.86 0.21 0.8700 0.21   28.00%   162.25% 31-Mar-2010 1.65 1.82 39.42 1.90 2.54% 0.52% 18-May-2010 1.55 1.71 37.03 1.78 2.70% 0.55%
31-Dec-2009 23-Feb-2010 31-Dec-2009 4 921,616 46,492 37,483 34,624 9,059 670,429 26.17% 4.07% 5.16% 905,985 101.73 20.89 3.82 0.78 1.00 0.21 0.7400 0.15   302.65%   161.13% 31-Dec-2009 1.37 1.35 35.85 1.85 2.79% 0.73% 23-Feb-2010 1.37 1.35 35.85 1.85 2.79% 0.73%
31-Dec-2009 17-Nov-2009 30-Sep-2009 3 843,501 -2,372 -16,012 -17,086 0 662,032 - % -1.90% -2.58% 910,636 92.63 19.12 -1.88 -0.39 0.00 0.00 0.7270 0.15   68.31%   25.15% 30-Sep-2009 1.36 1.47 -72.48 1.87 -1.38% 0.00% 17-Nov-2009 1.36 1.47 -72.48 1.87 -1.38% 0.00%

PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.


NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.

Div Payout %, NP Margin, ROE, DY, QoQ Δ & YoY Δ figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.

All figures in '000 unless specified.


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  19 people like this.
 
sasword A lot of prophets is going to donate money to support this "good counter" already.
12/11/2019 5:12 PM
Alan Lobster SOLD all at 0.78...enuff for lobster dinner.
12/11/2019 5:28 PM
Trouble Huat if saw someone newbie post sure reach on TP.better run before they selldown. haha. if so easy predict future TP. then shark earn wad oh?
12/11/2019 7:57 PM
Superbull18 Volume analysis show that from 1 Nov , daily volume almost increase as compare month sept n Oct , probably that is institution fund buy a bit , a bit ,kept inside fridge ,their strategic is slowly accumulate , awaiting timing , awaiting something good news , then push up quickly
13/11/2019 12:01 AM
monsterhunter Fire SOS. All sharks coming. MRCB UP UP UP !!
13/11/2019 9:41 AM
Sinoboy Zzzzzzzz...
13/11/2019 10:43 AM
sasword Only got coruppted tongkat gov, no sharks here.
13/11/2019 4:23 PM
Shawn Ng Heading to 0.9 soon
14/11/2019 10:07 AM
param54 zzzzzzzzzzzzzzzzzzzzzzzzzzz wake up
14/11/2019 12:19 PM
sasword Foreign fund will avoid our market and bursa going to die as long as corrupted son of bitch mahaithir gov is still alive.
14/11/2019 4:41 PM
Ron90 Azmin is the root cause of uncertainty... he is going to prevent Anwar from becoming the next PM, even though Mahathir already very very old..common la.. this country still hv to rely on 96 old man to lead the country??...first to dethrone najb, ok la, but not forever... next year, political turmoil is certain...so only stupid foreign investor would put their money here... its only few months away !!!..
15/11/2019 8:03 AM
monsterhunter Come on. MRCB UP UP UP !!
15/11/2019 9:30 AM
Sinoboy Daily routine, morning up little, afternoon down plenty lol
15/11/2019 10:13 AM
Alan Lobster Wait for the positibe BIG NEWS now is still keep away from public knowledge ....it will rise soon
15/11/2019 12:41 PM
Superbull77 Big news will out next week. FM still collecting.
15/11/2019 2:29 PM
param54 foreign funds running
15/11/2019 3:15 PM
Ron90 if u have nothing to say..better keep quite rather than telling false promise.. big news konon.
15/11/2019 3:46 PM
Alan Lobster https://www.theedgemarkets.com/article/rohas-seen-grow-epcc-jobs-tower-orders
15/11/2019 7:22 PM
Alan Lobster KUALA LUMPUR: MALAYSIAN RESOURCES CORP Bhd (MRCB) sees better sustainability in its business operations going forward despite the current property market glut and potential impact of Pakatan Harapan’s pledges to review certain infrastructure projects.

Executive director Mohd Imran Mohd Salim said MRCB has been implementing “prudent and sustainable approaches” over the years and has a number of ongoing projects that can help bolster the company’s earnings.

He also emphasised that the victory by the Pakatan would not have an impact on MRCB’s ongoing projects.


“It will not have an impact, as the nature of our developments is that they are transit-orientated developments (TODs). We’re a transport-orientated developer and we’re mostly an urban developer and the scale of our development takes between 15 years and 20 years,” he said after the company’s AGM and EGM yesterday.

“And we’re not just looking into housing developments. We’re looking into integrated developments. We have different product mixes.”

MRCB’s chief corporate officer Amarjit Chhina said MRCB has gone beyond being a “single-project” company.

“The problem before was that there was a question of sustainability. We were a one-project company, KL Sentral. There wasn’t much of a construction business and the gearing was up towards 200%.

“But over the years, we’ve been trying to make MRCB sustainable. Today, we have projects with a gross development value of RM57bil. On the property side, 80% comprise TODs.”

Amarjit also said MRCB’s construction business has been registering good growth over the years.

“Our construction business has grown from a negligible amount. Our external orders stand at RM6.2bil, of which RM4.9bil is unbilled. With the initiatives in place, our gearing was down to 5.3 times at the end of last year.”

He added that the proposed disposal of the Eastern Dispersal Link (EDL) would help reduce the company’s gearing further.

Imran said MRCB hopes to dispose of the EDL by year-end.

“Before the election, the agreement was to go into mutual termination mode. We’ve given the highway back to the government, who is operating it under the Public Works Department. We were supposed to sit down with the government and come up with a transparent formula for all parties to exit fairly and reasonably.”

According to reports, MRCB has spent RM1.2bil to develop the 8.1-km EDL.

“We can’t provide a value for the disposal, but we’re hopeful of paying off most of our debts,” said Imran.

He also said MRCB was excluded from most of the country’s mega-infrastructure projects - which have since come under question following the win of the Pakatan coalition.

“We have no exposure to the East Coast Rail Link and we never participated in the mass rapid transit line 3 project. The only project we are a part of is the Kuala Lumpur-Singapore high-speed rail. However, there is no impact financially because the project has not started.”

MRCB posted a net profit of RM167.6mil, or 6.56 sen a share, for the full year ended Dec 31, 2017, as revenue climbed to RM2.82bil. Amarjit said the company’s financials were “in great shape”.

“Only 23% of our construction orderbook is from the government. We have around RM2.9bil in terms of tenders at the moment.”

Imran, meanwhile, said the company had a limit in terms of how much it wanted to grow its orderbook.

“We have critical mass. We can’t just keep growing our orderbook. It’s at RM6.8bil to date. As long as we maintain between RM5bil and RM8bil, our ecosystem is sustainable.”

For its current financial year, Amarjit said MRCB expects its construction division to contribute a substantial portion of earnings.

“A number of new projects are starting, that’s why we have a portfolio approach. So, construction will bear some of the property slack this year and in other years, the property division will come through when construction is a little bit more restricted.”

Imran pointed out that the property and construction sectors were cyclical in nature.

“The property market is soft and we’re hopeful that it would pick up over the next two years. With the right product and the right locality, I think we can compete aggressively.




“We will aggressively tender, whether it is government-linked, private or overseas. As long as there is a tender, we will try,” he said


AGGRESIVELY TENDER ...i like that determination !!!
15/11/2019 7:28 PM
Superbull18 Mrcb candlestick pattern form w shape ,next week will rebound, let see 90 sen by 27 Nov , this quickly push up must come with good news , let see QR on either 21 n 22 Nov ,if excelent QR announced , 90 sen gurantee touch
15/11/2019 11:54 PM
Alan Lobster i agree ...nice charting rebound
16/11/2019 3:56 PM
Trouble Huat Candlesticks can be manipulated by shark. They have money n share on hand. They wan how to graph being drawn to attract u all. So easily to attract u all to buy. Haha
17/11/2019 9:54 AM
sasword Manipulate chart and hire prophets to spread rumours, sendiri goreng srndiri steamed.
18/11/2019 11:11 AM
654321aaa sendiri makan also...hhh
18/11/2019 12:00 PM
654321aaa shit charting
18/11/2019 12:01 PM
654321aaa Gone case again..
18/11/2019 12:01 PM
654321aaa 回乡归故里, 见老马?
18/11/2019 12:06 PM
654321aaa 马儿不吃草
18/11/2019 12:08 PM
654321aaa Rebound to 0.70 wrong way round..
18/11/2019 12:10 PM
param54 gone case
18/11/2019 12:19 PM
Sinoboy 3q no good maybe hahaha
18/11/2019 3:39 PM
Sinoboy Chart show down, just invert it, show up Roflmao
18/11/2019 3:41 PM
param54 it is clear the third qtr not good.
18/11/2019 4:58 PM
Alan Lobster Relax lar ....juz HOLD until the MEGA projects announcement to be ....
18/11/2019 5:10 PM
Alan Lobster At this level , its an opportunity to collect low . If go lower collect more strike b4 the IRON is HOT!
18/11/2019 5:11 PM
Sinoboy Iron has been cold for past 2 years and will continue to be rotflmao
18/11/2019 6:52 PM
Alan Lobster Haha this iron will be hot soon
18/11/2019 8:08 PM
Alan Lobster https://www.nst.com.my/news/nation/2019/11/539857/sme-bank-sets-aside-rm1b-local-ecrl-contractors

1 billion set aside for ECRL ...strike b4 this iron is getting hot ....
18/11/2019 9:33 PM
Jason Gan I think 0.74 now is a good entry
19/11/2019 2:40 AM
param54 morning up closing down everyday show
19/11/2019 9:44 AM
geraldt9 Bunch of ex govt. ' spoon fed ' parasites can bring what goodness to the company or even competitive enough to compete with others..???
19/11/2019 9:53 AM
Sinoboy Walau, up wor...
19/11/2019 12:32 PM
Alan Lobster sell or throw to me if u cannot hold ya ...tq bossku
19/11/2019 12:37 PM
Jason Gan Well the chart shows good entry at 0.74
19/11/2019 1:03 PM
Ron90 accross the board ...construction theme
19/11/2019 4:59 PM
Alan Lobster TQ bossku ....happily collecting from 0.725
19/11/2019 5:00 PM
cskek81 Forgot is which bull asked us to mark the word that MRCB will be RM0.90 by mid of November! Is that bull still inside this forum?
19/11/2019 5:51 PM
Alan Lobster MRCB the sleeping Dragon no more once the deal is signed soon
19/11/2019 7:05 PM
Alan Lobster Meanwhile, on the domestic front, the silver lining is that the gradual resumption of several major infrastructure projects, such as the East Coast Rail Link, Mass Rapid Transit 2, Pan Borneo Highway, Bandar Malaysia, and Johor Bahru-Singapore Rapid Transit System, will help provide some growth support.
19/11/2019 8:01 PM
calvintaneng TOP UNDERVALUE SHARES TO BUY NOW FOR 2020 BULL RUN TIME, By Calvin Tan Research

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/237898.jsp

MRCB FOR ECRL & YET TO COIME = TOD FOR BANDAR MALAYSIA
19/11/2019 9:41 PM