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2017-10-30 16:17 | Report Abuse
Blocking at 1.13. You see the selling q keeps increasing and cant be cleared off.
2017-10-30 15:47 | Report Abuse
selling and buying between 1.12 and 1.13 for the last 8 million values.
2017-10-30 15:07 | Report Abuse
Stanley See please sell lower so i can buy them with onions and garlic.
2017-10-30 14:52 | Report Abuse
Blocking at 1.14 now. Will MRCB close at 1.20 and above today? Sell all your tomatoes, carrots, radish, potato, cabbage, choy sam, french bean, long bean, etc and buy MRCB!!!
2017-10-30 14:27 | Report Abuse
All only can remember calvin. Sarah, Nbiru and I been selling all our carrots and radish to defend the price. :P
2017-10-30 11:30 | Report Abuse
Big Block at 1.10....Need afternoon session to break it and all the way to 1,15.
2017-10-29 11:39 | Report Abuse
If EDL valuation is at 1.5 billion with projected income of another 1 billion in 20 years, you would need to compensate based on the valuation and book value and future earning. Based on the news that it could be compensated via concessionaire extension, EDL should be sold then to those major highway operator. EDL has been affecting mrcb for the last 5 years and with this sale at fair price, it would be great for Mrcb. For first, it no longer need to service that sukuk loan for EDL which cost around rm60 million ++ per year. Good for cash flow and saving of interest.
2017-10-28 14:06 | Report Abuse
It won't be adjusted anymore. The price has been adjusted after the ex date for RI. I agree with MoneyUp888 that they could be selling pressure due to profit taking. Those who bout RI at 0.160+0.79=0.95 already making profit. For those who bough even lower at 0.10+0.79=0.89, they already laughing now. Imagine Mrcb up until 1.30, they would have made more than 40% profit from their subscription
2017-10-27 23:30 | Report Abuse
Extend concessionaire only apply to those companies that have more than 1 highway. MRCB only have EDL. You can't extend their concessionaire and ask them not to collect toll. Then, it might as well ask them to do charity. Thing could be Mrcb sells EDL to PLUS and PLUS get concessionaire extension on its other highways while EDL remains without toll. Plus happen to own the federal highway that collect toll at batu tiga, sg rasau. And it happened that Epf is the major shareholders of Mrcb and Plus.
So do u get the pic? EDL sell to Plus and Plus abolish the tolls and get concessionaire extension for North South Highway. And the guy who has the mean to finance Plus to buy EDL is EPF. Since EPF is also the major shareholder of MRCB, the money just out from left pocket go to right pocket back to front pocket. EPF still own the highways afterall whether sell or not sell and epf didn't really spend money. Accounting wise there s movement of fund, but nett wise it still own Plus, EDL, Mrcb, no matter how you shift here and there.
I hope I didn't confuse u all more.
2017-10-27 17:42 | Report Abuse
EDL belongs to MRCB and toll is collected by them. If government want to abolish tolls, it's either Gov buy back EDL or compensate MRCB. By compensating meaning whether got traffic volumes or not, MRCB would get a fix compensation. No need to depend on actual traffic volume. For MRCB to agree on that, it must be a fair compensation. If Gov buy back EDL, that would be great as EDL has caused MRCB to be in high debt and the ROI is not good. MRCB want to exit EDL for long and yet to get the necessary approval to dispose it off. With this announcement, it could be that Gov has agreed for MRCB to dispose EDL.
2017-10-27 17:37 | Report Abuse
Got reduce income tax lah and also abolishing tolls at Federal Highway. Klang and Shah Alam ppl should be happy.
2017-10-27 17:32 | Report Abuse
Toll at EDL going to be abolished!!! Is that mean that Gov will buy back EDL from MRCB? Else not, Government would need to compensate MRCB.
2017-10-27 17:08 | Report Abuse
Warrants yet to catch up
2017-10-27 17:04 | Report Abuse
Only take care the welfare of Felda Settlers not FGV not business. More on building infra, water, houses and also incentive such as durian runtuh. As expected, election budget
2017-10-27 15:21 | Report Abuse
If announced...1.50 sap sap sui next week.
2017-10-27 15:20 | Report Abuse
Bandar Malaysia or EDL sales...PM gonna announced it loh...
2017-10-27 15:19 | Report Abuse
Broke RM1!!!!Touched 1.01
2017-10-27 15:14 | Report Abuse
Not selling la. The blockage at 0.995 no longer there. Now blocking at RM1
2017-10-27 10:51 | Report Abuse
blocking at 0.985
2017-10-27 10:50 | Report Abuse
hmm, is MRCB getting the Bandar Malaysia project or ECRL or HSR or disposing off EDL to PLUS? There must be something on....
2017-10-27 09:55 | Report Abuse
Have to break RM1 for the bullish trend to continue.
2017-10-26 16:45 | Report Abuse
calvin tan been missing for so long. And now he s back. Aiyoh
2017-10-26 16:22 | Report Abuse
Dont forget that MRCB was trading around 1.80 b4 the RI announcement. 0.96 is way below undervalue.
2017-10-26 16:13 | Report Abuse
Still no show from big funds. Volume still thinly traded.
2017-10-26 15:47 | Report Abuse
Wait for after 4pm for big fund to come in and sapu all the sell q.
2017-10-26 15:44 | Report Abuse
That's happened to IWC early this year.
2017-10-26 15:43 | Report Abuse
Can I hope for MRCB to be like IWC when it got the BM news? From below RM1 to RM3++ in 1.5 month.
2017-10-26 15:34 | Report Abuse
Good news for tomorrow budget for MRCB????
2017-10-26 15:22 | Report Abuse
must break RM1 only really lai lioa.
2017-10-26 14:35 | Report Abuse
Halim6233, I thought u said cake with pure honey? Now become cheese cake? Which one is better?
2017-10-26 13:19 | Report Abuse
Market seem quiet and trading at the sideline. Can be most are waiting for the budget 2018? Most analysts believe it would be an election budget and could have more freebies for the B40 group level and also civil servants. Can Najib provide anything for FGV or other GLC in this budget?
2017-10-26 11:31 | Report Abuse
Volume is extremely thin. Most probably everyone is waiting for the Budget 2018 tomorrow before making their investment decision.
2017-10-25 20:48 | Report Abuse
Over subscription is normal. From what I M aware of, most RI or IPO usually over subscribe. Nothing to boast about that single digit over subscription. Umw OG RI got listed today and both its mother and warrants appreciated. They announced the same RI back in May and the share price has been beaten down 50%. Almost similar to MRCB
2017-10-25 17:26 | Report Abuse
GoodCompanies By refusing to cite any positive facts for the opposition and cont to hammer on this LKS/LGE thingy, it is obvious that you are not here to talk about facts. And it is also obvious that you are not neutral as you claimed you are. Indeed you are pro BN. Well, you are subject to that and you are not wrong to side them afterall, It's democracy. Just admit lah you are BN supporter. why wanna hide? no shame about it what since BN is so good to you.
I am fully aware if you are to state any positive facts about Dr M or opposition, your allowances and salary for being a BN supporter could be jeopardized. That's the reason why I raised this at the first place and I even dare to cite positive facts about BN cause I am just an ordinary Malaysian with no interests at stake. At the end of day, you only wanna cari makan and I understand that. I dont wish to pecah your rice bowl. Whether is my opinion or perception or your opinion or your so called fact based on your perception that it is a fact and not an opinion, leave it at that. I gained nothing from you for citing whatever facts that you seek and you gain more by citing more supports for your master.
So why am I here to enrich you further by citing any facts if you yourself are not willing to cite any facts for both sites but just all positives for BN and all negative for opposition? Just leave this be lah.....You can type a 1000 pages thing long and it wont change my "facts' or opinion or perception or whatever you wanna named it. I am nothing to you and you are nothing to me. Not that you can make me RM10k richer. You can't even make me Rm1000 richer but I suspect I could make you RM100 richer by responding to your comment. Wow, I just made you RM300 richer. Damn and i gained nothing but wasted my time to type these comments.
Stop harping on me...
2017-10-25 16:20 | Report Abuse
GoodCompanies, just cite me some positive facts about opposition or Penang/Selangor government or Dr M since you roped this name in. You are saying that you are not a BN supporter so I believe you are saying that you are neutral then. There must be some positive facts about opposition then.
As a start, I supported PM in starting UTC. I think that was brilliant! I supported GST and subsidies rationalization. Just that the implementation approach and the reporting on how the extra income and cost saving has been utilized need to be more transparent and accountable.
Now for you to cite some positive facts on opposition.
Btw by saying "LKS and LGE is family, to me conflict of interest, as simple as that." that is OPINION. LKS not in Penang administration, how would there be conflict of interest then? PM Najib is holding both the PM and Minister of Finance and also the Chairperson of 1MDB, and yet he is saying no conflict of interest. How can LKS and LGE being dad and son considered as conflict of interest in your "OPINION"?
2017-10-25 14:35 | Report Abuse
For most listed companies, government may not be able to control much. For FGV, just ask yourself who was the one who appointed Isa and other BODs to FGV? Who was the one who appointed the new Chairman. In addition, who set the policy for CPO tax as well as to lobby for other countries to buy CPO from Malaysia? Hence, Government does play a significant role in FGV.
2017-10-25 13:18 | Report Abuse
I think 4th November if not mistaken
2017-10-25 13:17 | Report Abuse
GoodCompanies, no need to debate here. Just action with your vote. I already stop debating with both BN and Opposition supporters cause it means nothing. Everyone tend to say what they want to say and hear what they want to hear and see what they want to see. Be it opposition or BN. The only thing that can set the direction right for Malaysia now is people power. If not happy with BN after 60 years, just change, if not happy with opposition after 5 years, change again just like what happened in Kedah. As simple as that.
2017-10-25 11:55 | Report Abuse
BN_menang, BN may lose more states but I think they would still hold the Federal Government. States at risk are Perak, Kedah, Negeri Sembilan, Terengganu, Sabah and Johor. All because of the GST, subsidy rationalization and all other cost cutting that affect the Rakyat. But the Rakyat didnt see that the government or leaders are doing the same. Instead they kept asking us to change our lifestyle but they continue with their plunders and leakages.
2017-10-25 10:56 | Report Abuse
GST is a good revenue stream and if use properly would spur the economy and development. Unfortunately our GST isn't used for that. It s used to fund all the cronies projects and feeding the corrupted instead for the development of the nation. Ppl is against GST because they can't see and feel the benefits of GST as it didn't bring any to them but only to the government to plug their extravagant, mismanagement, wastes and leakages. Not to mention to use the country coffer to extend their political interest and agenda.
2017-10-24 23:20 | Report Abuse
Cute or no cute not important. Now it s when MRCB gonna breakout and halt the downtrend after 5.5 months.
2017-10-24 17:01 | Report Abuse
High volumes at closing. Engine is warming up.
2017-10-24 11:55 | Report Abuse
Majority of the volumes of purchase were around 0.09 - 0.1 for the OR. Subscription at 0.79. Plus the OR cost, that would be 0.88 - 0.89. For them to make profit, have to sell above 0.905. In my opinion, the base would be around 0.9 for short term unless there are positive news after budget 2018.
2017-10-24 10:56 | Report Abuse
NIBIRU, use carrot. Perhaps can use the white radish if you are out of Australia red carrots. Sarahdeaton, can accept white radish or not?
2017-10-23 17:53 | Report Abuse
Sarahdeaton please order more carrots from Australia to hold the fort.
2017-10-23 15:48 | Report Abuse
Carrots cant hold the fort.
2017-10-23 11:02 | Report Abuse
most of these PRIMA and PPA1M are not purchased by those eligble buyers but by those syndicates who manage to get hold the units via bribery. I know of many who can easily buy properties worth millions, bought few units of PRIMA and PPA1M properties. When asked how they get it, they just mentioned back door 'connection' and 'networking'.
2017-10-20 23:29 | Report Abuse
Geo123, Bandar Malaysia MOU finalized and awarded and Eastern Dispersal Link disposal for 1.5 billion ++.
Stock: [MRCB]: MALAYSIAN RESOURCES CORPORATION BERHAD
2017-10-30 16:19 | Report Abuse
RM10 million value transacted since 3pm just between 1.12 and 1.13.