I bought at 60sen. I think 0.5sen makes no differences when it reach above 70sen. Holding on until then.

Hi @investormy ,
i saw your posting. I think you made a good analysis on MRCB Q4. Only part I disagree is I think your projection of RM30mil profit for Q4 is too low. Normally, the company will record higher profit PAT at end of the year Q4. And profit for disposal of Celcom Tower is RM103mil (not RM95mil).
Just my 2cents.

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Investormy said:
Q4 result will be out by end Feb. Expecting RM30mil PAT for Q4 & extraordinary gains from completed sale of Celcom Tower appx RM95mil. Profit to date as of Q3 is RM21mil. So, total PAT for 2023 is appx RM146mil or 3.3sen per share.
Dividend might be increased from 1sen to 2sen.

just bought MRCB at 63sen. Going to keep until RM1 like UEMS . Probably in next 3 months.

Heavy profit taking but price is still at 65 sen. I waited from 3pm until now still cannot get at 64.5sen. Hope more will give up their tickets.

There is a high chance MRCB will touch RM1 in a matter of time. Same trend like UEMS. Just careful not to be trapped into selling. If want to buy, better start now.

2 months ago, RHB IB also upgrade UEMS from 40 sen to 80 sen before the counter shoots up to above RM1. Will this also happen to MRCB?

RHB IB upgrades MRCB buy call to 74 sen
https://www.businesstoday.com.my/2024/01/26/mrcb-has-bright-prospects-ahead-bids-on-hsr-rhb-ib-keeps-buy/