MRCB - WILL IT GET BANDAR MALAYSIA OR ECER JOB AWARD? Reposting (Calvin Tan Research)

MRCB - SEE BEYOND RIGHTS ISSUE TO THE TOD FOR BANDAR MALAYSIA (Calvin Tan Research)

Author: calvintaneng | Publish date:

Thu, 3 Aug 2017, 01:36 AM

Dear Friends of i3 Forum,

When MRCB received RI for a Cash Call to finance Bkt Jalil Stadium Construction - the Market responded in dismay and sold down MRCB Shares immediately!

Why?

Because RI is bad for MRCB. And people have reacted negatively & given up hope.

Ha! Precisely when people gave up hope for the wrong reason & sold at the wrong time that drew Calvin's attention

See Calvin's Mission Statement in i3 Forum:

As the eagle flies above storm clouds Calvin is not afraid of market/stock crashes. In fact Calvin welcomes them. Because we are to be fearful when others are greedy & to be greedy when others are now fearfully selling MRCB shares due to ignorance.

Why is Calvin bullish on MRCB?

These are my answers:

1) GE14 Election Year will Boost Govt Linked Stock like MRCB

This is no ordinary year. This is the most crucial election year in Malaysian History. This is also a do or die battle for the BN Govt. So win they must at all costs. And BN has already powered up DRB shares from 92 sen to a high of Rm1.86. Lately, BN has pumped monies into the pockets of Felda Farmers to boost their morale. And so MRCB will also not be neglected.

2) INSIDERS HAVE BOUGHT UP MRCB SHARES THROUGH ESOS AT RM1.30

So MRCB share price has fallen below Insiders buying price now. We get them cheaper than Insiders/Directors ESOS price of Rm1.30

This is indeed a happy turn of event for Value Investors

3) MRCB IS OWNED BY EPF. And EPF has been called to do National Service to help the Malaysian Govt by supporting the cost and construction of Bkt Jalil Stadium.

So while MRCB suffered price sold down by the distrusting shareholders Govt has something in Store for MRCB?

For every cloud there is a silver lining. So we think for this unduly & untimely sell down there is a coming windfall unbeknownst to ignorant & myopic shareholders.

Let me illustrate

During the Batlle of Waterloo (the decisive battle in Europe) between Napolean & Nelson, one very Savvy Investor sent a pigeon ahead by spy into the battlefield (in those days there were no telegraph, telephone or tv or even radio) they have only horses & pigeons.

Pigeons? YESS!

When news came out from the battlefield that Napolean had lost the battle the spy released the homing pigeon which carried the secret news to the Briitish Investor. And he was a man of great Prominent in those times.

Upon receiving the "News First" - the next day he did a very sly thing. Knowing that the people of England followed his every move in the Stock Market he first signalled a "Strong Sell" & let the people "know" of his "huge" sell down.

As the people received "news" that he was selling they thought Napolean had won & Nelson had lost the battle - SO THE STUPID MISLED CROWD DUMPED SHARES LIKE NO TOMORROW! The Market Crashed and

AND?

AND THE SAVVY INVESTOR WITH PRIVY KNOWLEDGE SCOOPED UP ALL THE OVERSOLD SHARES GLEEFULLY!!

After that News Broke Out That NELSON HAD WON THE WAR! THE MARKET SKYROCKETED IN FRENZY & THE SAVVY INVESTOR UNLOADED HIS SHARES AND EARNED A HUGE FORTUNE THAT VERY DAY!!

Now is there something yet :unknown" to the ignorant crowd who sold down MRCB Shares in panic?

WHAT IS IN STORE FOR MRCB?

THE ANSWER COULD BE THIS

AS THIS IS GE14 ELECTION YEAR & INSIDERS HAVE BOUGHT MRCB THROUGH ESOS AT RM1.30 GOVT IS ASKING MRCB TO RAISE CASH FOR A MASSIVE JOB AWARD FROM THE ICONIC "BANDAR MALAYSIA"

THERE IS NO OTHER MALAYSIAN ENTITY MORE QUALIFIED THAN MRCB IN BUILDING TOD

TOD OR "TRANSIT ORIENTED DEVELOPMENTS"

SO LET US WAIT FOR THE IMPENDING GOOD NEWS TO ARRIVE.

Meanwhile Calvin & Johor Buddies have turned bullish on MRCB

MRCB?

MASSIVE

RUSHING

CHARGING

BULL

Warm regards

Calvin Tan Research

Singapore

Calvin further comments on 16th August 2017:

Latest News:

GE14 is drawing nearer and nearer. And Govt has awarded 2 Jobs for MRCB at once!

KUALA LUMPUR: Malaysian Resources Corp Bhd (MRCB) has bagged a RM369mil contract for the construction and other associate works under the Damansara-Shah Alam Elevated Highway (DASH) project.

In a filing with Bursa Malaysia on Tuesday, MRCB said it had received a letter of acceptance from Projek Lintasan Kota Holdings Sdn Bhd’s (Prolintas) unit Turnpike Synergy Sdn Bhd to undertake the construction of the mainline and other associated works under the privatisation project.

Prolintas is a wholly owned subsidiary of Permodalan Nasional Bhd.

MRCB said the contract price of the works package was RM369mil and the duration of the contract is 26 months.

“The works are anticipated to commence by end August 2017 and will be completed by October 2019,” the developer of KL Sentral said.

“The contract is expected to contribute positively to the future earnings of the group,” it added.

The DASH highway is a 20.1 km, three-lane, dual carriageway expressway that will start at the Puncak Perdana, Shah Alam intersection and is expected to cover Shah Alam, Subang, Kota Damansara and Damansara areas.

TNB awards contracts totalling RM120mil to MRCB and Pestech

KUALA LUMPUR: Tenaga Nasional Bhd (TNB) has awarded a RM40mil construction contract to Malaysian Resources Corp Bhd (MRCB) and a RM79.5mil power system installation contract to Pestech International Bhd.

In a filing with Bursa Malaysia, MRCB said it had received a letter of acceptance from TNB to award it the contract for building Balai Islam and staff quarters under Phase 1 of its headquarters’ campus development on Jalan Bangsar, Kuala Lumpur.

The duration of the contract is 15 months from the date of site possession, it noted.

In a statement early last year, global architecture firm Woods Bagot disclosed that it would design TNB’s new corporate HQ which would deliver a new campus workplace for TNB staff.

In a separate filing with the exchange, Pestech said its unit Pestech Sdn Bhd had received a letter of acceptance (LoA) to supply, erect and commission 2 X 1,050 MVA autotransformers, 500kV switchgears, 275kV switchgears and ancillary equipment with associated civil works for the main intake substation (PMU) 500/275kV in Olak Lempit.

The transmission line engineering firm said the project was expected to start within 56 days from the date of the LoA (Aug 14) and to be completed within 1½ years (546 days) from the starting date.

It was reported that Tadmax Resources Bhd’s proposed 1,000 MW power plant in Pulau Indah would be injected into the national grid via Olak Lempit. Loss-making Tadmax has said it aimed to commission the plant by Jan 1, 2023.

SEE:

The above are just desserts before the actual main course

WHAT IS IN STORE?

calvintaneng Look at it in a more positive angle.

SINCE MRCB HAS BEEN CALLED TO HELP GOVT BY PUMPING CASH FOR BKT JALIL STADIUM GOVT IS NOW REWARDING MRCB WITH MORE LUCRATIVE CONTRACTS AS A FORM OF COMPENSATION AND REWARD.

RI EVEN IF IT IS CALLED IS NOW A POSITIVE PRIVILEGE.

WHY IS IT SO?

ANSWER:

FOR THE OPPORTUNITY TO INVEST MORE THROUGH RIGHTS ISSUE WILL BE A HANDSOME REWARD AT THE END OF THE DAY.

COUPLED WITH THE INNECCESSARY SELL DOWN OF MRCB SHARES IT NOW PRESENTS US AN EXCELLENT OPPORTUNITY TO BUY MRCB SHARES EVEN CHEAPER THAN INSIDERS BUYING PRICE OF RM1.30

AND AT CURRENT CLOSING PRICE OF RM1.17 ISN'T IT A 10% DISCOUNT TO ESOS OF RM1.30

IF INSIDERS HAPPILY EXERCISED ESOS AT RM1.30 AREN'T WE LUCKY NOW TO BUY EVEN CHEAPER THAN THEM?

I THINK THESE TWO PROJECTS ARE JUST THE DESSERTS. THE MAIN COURSE IS STILL ON THE WAY.

A SURPRISE AWARD FROM BANDAR MALAYSIA MAY BE ON THE WAY.

NO OTHER SINGLE MALAYSIAN COMPANY HAS TOD EXPERIENCE THAN MRCB.

SEE HOW IWCITY GO LIMIT UP WHEN THEY WERE AWARDED BANDAR MALAYSIA ONCE?

SO IT WILL BE NO SURPRISE AT ALL TO SEE MRCB GO LIMIT UP IF SUCH AWARD IS GIVEN?

SO JUST SHUT YOUR EARS TO NAYSAYERS AND BUY WHILE BUYING IS STILL CHEAP

16/08/2017 00:38