DRB Hicom and FGV are still on play. MRCB would follow suit later in the day. In addition, in term of value, MRCB did not appreciate as much as those two counters. Just be patient and let it fluctuate for now as there are many day traders who cant hold even if it drops or up 2 sen

If scandals ridden and problematic counter like FGV can increase 0.17 for the past two days, what stops MRCB from increasing 0.37 in a week time and close at 1.49 by this week? Isn't that MRCB in a much better and fundamental stage than FGV?

Good closing at 1.25, pending EDL compensation announcement and also Bandar Malaysia TOD project.

need to wait after 430pm and see if any big fishes want to push it up for high closing. looking at it now more like closing at 1.24/1.25. Most warrants did not play catch up and many got some slight burnt especially WB and C21. C26 is doing great though

Go for C21 if you have the heart for it. Yet to play catch up today. :)

seem like the person behind 1.25 roadblock no longer has much bullets left to block it. Could be those IB fund managers. 1.26-1.28 not consider roadblock.

1.25 block cant tahan and was broken earlier. See how much the ppl behind the road block is holding MRCB. ahh broken again. 5000 1.25 was telan within 5 mins

sarah been selling non stop since last week. How much more baskets of carrots and cabbage that you are selling? Resistance at 1.25 means they do not want it to rise too fast. Every trading day up 0.08 - 0.12, in two weeks time, total up would be 0.80 -1.20. LOL.

Hold and if it breaks 1.25, then another uptrend wave.

This month 1.60 already. Where got still at 1.30... aim higher

Warrants been pushed up. Pointing to breakout for mother share. Just wait and see. MRCB going to break 1.20

SamuelLuke, check out C21. Unusual volume even when mother share is mute. Big fish collecting warrants instead today?

Mrcb still keep mum on the compensation package. All their communication staffs were on leave. Yet to draft out the official announcement to Bursa. Should announce by this week. The crucial is whether Government will take over the sukuk debts and compensate MRCB 70 millions annually or they just compensate MRCB 70 millions annually and MRCB still need to service the debts. Alternatively, government takes into account of edl asset value, pay the market price to MRCB, mrcb use that to pay off the loan, and government still compensate MRCB 70 millions for lesser years. All these are subject to negotiation. As long as the sukuk debts is taken off with some additional cash for mrcb, that would be good enough as edl isn't a good business to mrcb.

Sarah ate too much of carrots and cabbage until mong mong Cha already

No block from 1.12 to 1.14. Cant see what s the sell queue at 1.15 so far.

mancingbursa, Agree. That's y I still observing and studying DJI.

There are still many who dont understand how BN works even after so many years. Anyway, that's y in market, many are making loss when they yet to learn the trades. I, myself made loss in my 20's and it took me 8-10 years to really understand how the market works.

Hahaha, only 800 biji transacted and dropped 2 sen, already bungkus? Today is T+3, short term traders going to sell since they are panic and can't hold longer. Come 4pm, more sales could happen if there is no news out yet. That would be golden time to collect more.

lifecare has deleted all her/his comments? Cyber drone hired by big fish to cause panic and spread negativity in i3?

Seem like thou should not pass 1.14 until I allow thou to pass.

Wow the block at 1.14 is massive!!!

Huh Lifecare, you sure ppl is selling at 1.04 and 1.05 and not 1.14 and 1.15?
What kind of trading apps or website that you are referring to?

lifecare 3mil at 1.04 and 4mil at 1.05...queuing to sell...
28/12/2017 14:43

1.5 days for MRCB and Government to announce the EDL disposal terms. 1st Jan 2018 is here soon. Ppl doesnt work on Saturday and MRCB needs to instruct its staffs to stop collecting tolls and put up the boom as well as to put up notices at their tolls.

lifecare looks like the price will down below 1.00 today..loaded with heavy selling queue...
28/12/2017 08:56

From hoping to buy MRCB at 0.75 back in mid Dec and now MRCB at 1.13, you still not buying in? And now hope for below 1.00? When MRCB moved up to 1.50, are you going to hope to buy at 1.25 by then? take your position now and dont just hope in market.

MRCB is like a raging bull being suppressed and locked in a cage. Once the cage door is opened, the bull is going to rage on as it has been in tension/stress for too long. Just visualize a bull with all the steam/smoke coming out from its nose and the energy that is waiting to explode. Just an analogy to explain this. :)

With this, I bought in another 50 biji of C21 at 430pm just now.

one day show means it drops. MRCB didnt drop and maintaining 1.13-1.14 even without big fishes. Today volume is around 40% of yesterday volumes. If there are big fishes, it should have higher volume.

Still no big fishes entering MRCB.

Big fish yet to play...Just by looking at the volume and value transacted. It's all retail play for the moment.

SamuelLuke, the risk to downside is when EDL terms are not favorable to MRCB. So, you make your own call on whether u think if MRCB going to get a favorable terms, fair terms or unfavorable terms in regards to EDL.

still blocking at 1.15 with support building at 1.14. Looks like they still not letting this MRCB bull out of its cage to start its Bullish on Bouncing Back Run! The signals are there already. Just need to wait for the starting horn like in a race.

Next few days, all the analysts will write good stuffs about MRCB and revised the TP to higher price once they are back from their holiday and would be shocked to see that there are many positive and earning in MRCB in just a week holiday. They won't even have enough time to analyze and publish new TP. Wait and see.

Another good news. Net gain rm58 million.

Proposed JV and disposal of 70% holding resulting in profit.

Earnings and earnings per share (“EPS”)
The Proposed Joint Venture is expected to realise an estimated after-tax gain of
approximately RM58 million to the MRCB Group which is expected to improve the Group’s
consolidated earnings per share for the financial year.

C23 is issued by Kenanga.

For warrants play, just be careful on those issued by Kenanga. They are master in manipulating their warrants and managed to trap a lot of traders and burnt a big hole in their investment. I kena thrice by them and it is confirmed in my case that I will avoid any warrants issued by Kenanga no matter how attractive it looks to be.

SamuelLuke, C21 yet to move up much, hence there is a buffer to buy in more.

Today 1.20 coming if big sharks masuk...

C21 better. easily 1000% for C21 if MRCB shoot up to 1.80 by CNY 2018. C23 was issued by Kenanga. Cunning trading company.

Sorry Sarah that u missed the boat and now have to live with your carrots and cabbage

the wave is starting now. Still small and big fishes are still giving chances. If you dont buy now, dont be envy when the price up to 1.80 b4 CNY 2018.

4 more days to go before the EDL announcement. The big fish really makan cukup cukup this time before letting MRCB to fly. Many small fishes gave up and kena telan.

should get a fair deal and can exit that EDL business since it's not MRCB's core business. No business going to agree on an unfair deal. That could be some underlying "sweets" to be offered, i.e. BM, ECRL and HSR.

Sale of EDL for RM1.75 billion, only up to 1.22? You guys should aim much higher. This sale will take off majority of MRCB debts and loan repayment. With the RI completed and the sale of EDL, MRCB would be in net cash position in moving forward. Not to mention other assets that are for disposal as well.

Rebound back. All panic sellers were caught pants down.

Besides, u really think that now only they want to negotiate? When Najib announced it in end October, they have already negotiated and know what s next. It s just to make it proper and official, so came out with all this official invitation and notice of negotiation. It s not about negotiate the price of the fish or vege in market, it s about billions of RM.

They only have a week more before 1st Jan 2018. Even when u buy a house, u also think, survey and calculate for months or even a year. Now it s about a billion deal, do u think they can complete the negotiation in a week and agree on it? Of course they have negotiated way before the announcement by Najib

Lifecare, with GE14 in 2018, there is no uturn in this anymore. BN government must deliver its promises or else it would look very bad on them especially Najib.

Yeah SamuelLuke, the 112.28 million fee has already been factored in. Hence, there is no additional income/revenue from this project. We should forward to EDL, BM and HSR now. Those are the surprises in store.

lifecare, 1.08-1.09 is like RM130 - RM140 difference from 0.95. If you buy 10 shares, it s only RM1.3k - 1.4K difference. Why want to save this small amount and wait until it goes up to 1.30 only wanna buy?

Was trying to check on previous case of bills of demand by Royal custom. Apparently Carlsberg was served the same bill back in Sept 2014 but up until now, Carlsberg is still disputing on that. 3 years ++. Guess this could be the same for Westports unless Custom willing to have settlement which proposed by Westports. Else, they can wait and dispute on this for years to come.