Monday construction stocks like Gkent & MRCB is going to fly high. All projects continue not cancel. Up up, buy fast.

Gpacket coming result will be like Axiata, One time big write off or impairment.
Look at what happen to Sapura Kencana Cash call.
Gpacket also asking for capital reduction.

I've sold some as I need cash for right issues. Maybe I will sell all and move to OKA.
OKA give bonus and dividend.

I've confident TM will still remain positive coming quarter. Next year maybe profit will reduce.
Dividend % for coming quarter should almost the same.

Just don't like any company asking for right issues.

. PROSPECTS
The Group’s major source of revenue and operating profits come from its Property Development & Investment and Engineering, Construction & Environment divisions.
(i) Property Development & Investment
MRCB is one of Malaysia’s leading urban property developers, with a large portfolio of successful integrated commercial and residential developments anchored around transportation hubs. Through our flagship and award winning Kuala Lumpur Sentral Central Business District project, we pioneered Transit Oriented Development (TOD) in Malaysia.

The Group’s Property Development & Investment division achieved sales of RM101 million in the first quarter of 2018 from its residential developments. These were mainly derived from Sentral Suites, which recorded RM42 million sales, followed by TRIA Phase 1, which forms Parcel B of 9 Seputeh, with RM36 million sales. Of the Group’s residential projects currently in development, 1060 Carnegie in Melbourne, Australia has achieved a take up rate of 72%, while Towers 1 and 3 of Sentral Suites have achieved combined sales of 74%, and Kalista Park Homes 55%. All developments saw more than 50% of their units being sold.

The division will continue to focus its marketing efforts on its residential development projects, namely Sentral Suites in KL Sentral (GDV: RM1,529 million), 1060 Carnegie in Melbourne (GDV: RM305 million) and Kalista Park Homes in Bukit Rahman Putra (GDV: RM101 million), as well as the remaining unsold units in the Sentral Residences, Q Sentral and VIVO in 9 Seputeh, which has historically achieved strong sales. The impending opening of the new link bridge connecting the Old Klang Road with the New Pantai Expressway, which will improve connectivity to the 9 Seputeh development, will help spur further sales within this development.

Revenues and operating profits in the Property Development & Investment division will continue to be progressively recognised in line with construction progress in 2018 from VIVO (9 Seputeh) and the 2 en-bloc office towers sold in PJ Sentral Garden City and Menara MRCB in Putrajaya. FY2018 will also see the launch of two new projects in the third quarter, namely TRIA Phase 2, which forms Parcel B of the 9 Seputeh development and Alstonia Hilltop Homes in Bukit Rahman Putra.
Operating profits from Sentral Suites are not anticipated to commence until late 2018 and will continue until its physical completion in 2021, while TRIA and Alstonia Hilltop Homes should commence contributing in 2019.

In Melbourne, 1060 Carnegie will only contribute to revenue and operating profit upon physical and sales completion, anticipated in 2020.
Overall, the Group had total cumulative unbilled sales in its Property Development & Investment division which are expected to deliver RM1,597 million in revenue to be booked over the development lifespan of its projects,
approximately 80% of which are residential and 20% commercial.

On 3 November 2017, the Company completed its renounceable rights issue of up to 2,853,777,024 new ordinary shares in the Company (“MRCB Shares”) at an issue price of RM0.79 per Rights Share

The price now is cheaper than right issues price.

Why long time no share buy back ?
You are right, Maybe Dr. Ma group start accumulating. They want to collect more before announce good news that they will sub the jobs to local contractor like Gkent and MRCB as the cost is lower compare to China.

Sold all at 42.5 sen.....lost a bit.
But will buy back is drop more.

EPF continue buying for the past few days.....Good news

When one day PM say we are going to start the project again with lower cost, sub most of the project to local contractors. Then Gkent and MRCB will fly high.
Buy now if you the money.

When one day PM say we are going to start the project again with lower cost, sub most of the project to local contractors. Then Gkent and MRCB will fly high.
Buy now if you the money.

They need money, They need to support at this price, if not nobody will pay for right issue.
Once they get their money from Right issues, Game over.

Game over, need to wait for another 3 months, if next quarter result good, then ok.
If next quarter result no improvement, gone. Can forget about this counter.

https://www.mrcb.com.my/

Proposed Dividend 3.5 sen to be pay soon.

Current price already factor in the cancellation long time ago. PM cancel the project for China company, after sometime he will give to local company.

Current price already factor in the cancellation long time ago. PM cancel the project for China company, after sometime he will give to local company.

If I am the Boss of TM, I will only rent a few small line for Maxis just for show.
If I am the Boss of TM, I will charge them high price for using TM line.
You think TM Bosses so stupid sharing line with Maxis.

MRCB is a big company, got many other projects. Don't worry. Only temporary.

I think coming quarter result should be almost the same as the amount we are paying is still the same. Most of the people are lazy to cancel or change as they have a fixed line number for business and Home which they don't want to change their contact number.

I hope the dividend % remain almost the same.
TM will not give free Optic Fiber line to other telco. TM will charge them a high fees. Nothing is free.

Major share holder disposed 3,000,000 shares in open market.

Please Start share buy back so investors feel more confident. Gkent cash rich. 10% share buy back should be no problem.

Vote for PH and what we got is all bad news for Stock Market.

Vote for PH and what we got is all bad news for Stock Market.

Vote for PH and what we got is all bad news for Stock Market.

They sure approve the Bonus issues and Dividend during AGM on 27 Aug 2018.
Can go even higher before and after Bonus Ex-date. Based on my past experience with OKA.

If I change from Streamyx to Unifi, do I need to change my phone number, Streamyx ID and Password ? I'll waiting for Unifi price to go down first before change.

When results come out you will know. Scary. For me I will sell first. I don't expect results good.

Profit & Revenue where got increase, keep on getting less and less.

I am using Streamyx, what if I don't want to upgrade, will there be a problem in future ? Streamyx usng copper wire ? In future there will be no more using copper wire ?

It is complusary to change from Streamyx to Unifi ? If everyone needs to change that means more income and profit for TM.

Gkent
EPS 22.63 sen
PE ratio 6.19
Dividend 10.39
ROE 27.05
DPS 14.54

Such a good company.

Share Price lower, Dividend % higher.

The best is not yet to come......Wait until AGM.
Can go up even higher.....buy now not too late.

PH doesn't know how to do business. Only know how to dig 1MDB. Current government don't really care about stock market and how much we loss in stock market.

Over sold.

Result should be out soon. This few days share price very stable. Maybe results very good. Good luck.

When can get dividend ?

When can get dividend ?

Most if the stocks up TM continue down.

Philip..... because of him, cut price TM down. If can just upgrade without cut price better.

Don't vote for Gobind Singh next election.

I've moved some of my investment to Gkent & MRCB yesterday

Approved in parliment today ? Are u sure

I will buy back but just I want to earn more round

I've even ask them for free warrant but no answer.

I don't use real name here. I've attended both AGM & EGM this year in Equatorial hotel. CEO & CFO say they will do their best but they expect this year results ok only.

Most of the stocks down today, Careplus still good.

I use to be top 30 shareholders. Now no more but waiting to buy back 40 sen or below.

After bonus, my average is 43.5 sen and I am loss a bit but ok, now I can earn back if I know when to sell and buy back many times