Management still quiet on Zakaria return. No press statement at all. Not FGV usual approach.

Mrcb still no power. Waiting for budget 2018 next week.

Baby carrots, Australia carrots or local carrots from Cameron Highland?

sarah finished all the bullets to support at 1.18. hahaha

of course no strength. No news on Zakaria first day of work. And no press conference with him smiling and sitting next to Azhar. That need to be done to boost confidence in the market that Zakaria and Azhar are working together fine as a team.

Both Ekovest and IWC kena goreng again. Bandar Malaysia news coming out again? How bout MRCB and its MOU? No news at all...

Peter Leong, FGV was trading around 1.80++ when he got suspended in early June. Not above RM 2. It has been long since FGV traded above RM2 back in March.

sarahdeaton seem very aggressive in asking ppl to sell off MRCB while she is collecting. This one is big fish trying to eat all the smaller fishes.

MRCB still not moving this week. Need to wait until after budget 2018 gua. Still hovering around 0.925 which is the ex adjusted price. Meaning after ex, still no uptrend. 80 sen still wiped off from the market which would translate to RM1.75 billion market capital wiped off from the market since the RI announcement. All because of RI to raise around RM2.12 billion. Hence, is this the right trading price for MRCB now?

still holding above 1.80. That would be good. Come Monday, another breakout.

FGV has gone up for a week now. It needs to take a break before the next wave. It s normal and healthy.

Woei Haur Lo: check with your remisier or your investment bank whereby you open the account. They would be able to advise you.

I have limited exposure to Indian market but as close as i can recall, Mudajaya also had a power plant project in India and this did not boast its share price. In fact, the project has caused lot of delay due to authority and funding issues. Getting a job in India isn't necessary a good news due to the track record of Indian authorities which are way too complex especially on the bureaucracy.

ehtan18, they only can do that one month from now when the Right shares are listed. By then, there would be many factors that could push up or push down MRCB price. I am banking on the technical rebound to push up MRCB further as the previous downtrend was purely caused by the RI. It's time to revalue back MRCB. Let's hope for 50% rebound.


Only EDL and BM projects can give a boost to MRCB. All others smallers package such as MRT2/LRT3 won't be able to boost it. MRCB has dropped 0.90 since the announcement of RI. How much can it recovers back after the RI now?
If recover:
30% = 0.27, MRCB will be at 0.925(ex price)+0.27 = 1.19/1.20
50% = 0.45, MRCB will be at 0.925+0.45 = 1.37/1.38
60% = 0.54, MRCB will be at 0.925+0.54 = 1.46/1.47
70% = 0.63, MRCB will be at 0.925+0.63 = 1.55/1.56

Possible to recover 70% by year end? Part due to technical rebound and another could due to either EDL, BM or Budget 2018 or GE14.
11/10/2017 10:14

Wait for Z to be back to office and then all the news report about it and showing his pic of smiling and shaking hand with Azhar on Monday. Could have another push next week. Now let the price consolidate around 1.80 for today and Friday. As long as not below 1.80 should be good.

C-15 issued by Kenanga. Any call warrants issued by Kenanga, be careful.

Need to wait for big fund to reenter and hopefully Zakaria and Azhar will have a press conference and have a joint press statement soon to boost the confidence and to showcase that they are working well and aligned as a team.

Prior to the announcement of Zakaria suspension, FGV was trading above 1.80. With the news of him coming back and with new Chairman, it should be trading even higher than that. 1.80 was when FGV was in crisis and under Isa. The share price yet to reflect this meaning the big fund yet to have confidence in FGV so far due to all the flip flop decision by the BOD and Government.

Only EDL and BM projects can give a boost to MRCB. All others smallers package such as MRT2/LRT3 won't be able to boost it. MRCB has dropped 0.90 since the announcement of RI. How much can it recovers back after the RI now?
If recover:
30% = 0.27, MRCB will be at 0.925(ex price)+0.27 = 1.19/1.20
50% = 0.45, MRCB will be at 0.925+0.45 = 1.37/1.38
60% = 0.54, MRCB will be at 0.925+0.54 = 1.46/1.47
70% = 0.63, MRCB will be at 0.925+0.63 = 1.55/1.56

Possible to recover 70% by year end? Part due to technical rebound and another could due to either EDL, BM or Budget 2018 or GE14.

i also hope for great thing for MRCB. been waiting for so long since mid May when they announced the RI

trading of OR only stop on Thursday not Wednesday right?

Zakaria reinstated meaning some BOD members have to leave soon? They need a week to prepare the jamuan makan and welcoming event for Zakaria. Hence, next week only start work. Afterall, many may have ditched him during this periods. He may come back and axe those who sort of ditching or 'betrayed' him during this time. Now he knows who are his foes and friends in the organization.

ohh your second round meaning using your profit to buy again. My second round means buy back on weakness.

If PM going to reward Felda, he would give directly to the settlers and Felda and not FGV as FGV is a listed company. Just like what happened during the Felda celebration few months back.

hng33, I didnt even notice there was any 2nd round. It was one single round since Thursday morning. There wasn't any weekness at all after that. If there is going to be any round, it would be 2nd round.

I think OR already game over. Focus on mother better. See the volume in comparison with last week, most already locked contra profit and leave those holding at 0.115 and 0.120.

BM and sale of EDL would be the main catalyst for re-rating. As for the OR trading, it's not even breakeven for those who hold MRCB mother during ex at 1.06. Their OR should worth 0.135 if MRCB mother is trading at 0.925.

Geo123 Friday is a good day to press down further by leveraging on the uncertainties of weekends. Short term traders usually would exit market on Friday. Cause a lot of things can happen during weekend be it globally or locally. If the syndicate has the intention to press down further, it would happen tomorrow. Based on today's trend, seem that the syndicate is still pressing down the price of MRCB.

I still reserve my opinion on Friday as today trading is pointing on downtrend @ collection.

now u know how they play the game. Already mentioned it gonna be exciting when OR is traded.

seem like collection already done. Next round is to play with OR for a week trading. I can't wait for it. Finally it's here.

If you have any questions or doubts regards to the RI, check with your remisier or your IB customer service.

You cant see it until the trading day on 5th October lah.

Geo123 if you have 10000 MRCB , that would mean you would have 10000 OR. If you dont sell off the OR and keep the 10000 OR until end of the trading period, it would mean you going to subscribe 10000 RI and pay a total of RM790 x 10 = RM7900.

OR is not the free detachable warrants. The ratio for free detachable warrants is 1 warrant for 5 RI subscribed. If you going to subscribe 10000 RI and pay RM7.9k, you will get 10000/5 = 2000 warrants. Cut the story short, after the whole exercise completed and you already paid RM7.9k, you will have the following units in your portfolio:

1. 20000 MRCB
2. 2000 warrants

see it on another view. It could be the fund or someone with deep pocket wanna subscribe to the RI at a lower cost. By pressing down the price, they can buy more cheaper OR during trades on 5 Oct - 11 Oct. My view is not to fight with them and sit back and wait until 5 Oct and see how they play the game then. Rationally and financially, these ppl wont press it until 0.79 or else there would be no more game to play during 5 Oct - 11 Oct.

Interesting to see how MRCB is being traded.

5 Oct - 11 Oct for you to trade your OR.

subscribe or not, it s already EX. Those who still holding MRCB on 29 Sept already have the OR ready for them to trade starting 5th October. If you do not wish to subscribe, just sell off your OR within the week.

Sarah, u better make sure it is the powerful wave that bring us to Atlantis and not a Tsunami of destruction.

Volume is high. Interests are back to MRCB. Those who sold earlier and not interested to subscribe RI may have came back now to accumulate MRCB since the RI has already ex.

I believe goodluck999 is more towards TA then FA. hence, he/she needs to wait for the trigger from the chart and volume.

OR trading at 0.5??? Everyone would be laughing all the way to the bank. I also can start to book my Year End Trip for whole family.

Just like nobody thought MRCB would drop till 1.06 back in May 2017 prior to the announcement of RI. Who have known that MRCB would go for RI exercise and cause the market price to drop from 1.80 - 1.06 in 4.5 months while the business is still intact. All the FA investors caught in this while TA may be able to escape after suffering loss from 1.8 - 1.3.

In share market, no one know what would happen next. Thing that you think is impossible could be possible in shares market...You never know and you follow your investment approach.

If MRCB secured BM or sale of EDL, easily can go up to RM2.

All call warrants have been adjusted. Check yours.
akir91 OR is the warrant you trade for 1 week in order to subscribe to the RI at 0.79. You must own an OR share to subscribe to 1 RI.

CYeoh, 1.06+0.79(RI offered price) = 0.925

Done. Closing at 1.06. Ex price of MRCB would be 0.925. OR trading should start at 0.135.

4pm final push up or down before ex date. Seem like down trend is taking shape for now.

odd lots are not good and cant trade via normal trading. Have to engage IB to sell it at lower price and higher fees. If you do not wish to have odd lots, normalize your holding to 2800, 5600, 8400 and so on...