close 85c good enuf..RM1 coming :)

Relax..today who got collected cheap?hehe..tomorrow more huat!!

Wrong Ahza..mrcb go up..hehe :) Im looking at C28,29,31,34 to move shortly

Studyy Mrcb guys..study hard please :)

Probably tomorrow/monday fly..find opportunity guys :) anyone knows when will Azmin issue statement on HSR?

tomorrow 0.90..we shall see

Ahza Adhwa Zulkepli wahhhh so good..I hold from 59c
hehe

Ahza Adhwa Zulkepli - I also sell buy for many times already :) haha..opportunity is there..hehe..0,90 coming..tomorrow or next week..I'm holding mine after reenter

Relax..:) follow sarahdeaton. its not gonna sink..will soar upwards!

MRCB owned by EPF :)

http://www.theedgemarkets.com/article/epf-fund-size-hit-rm1-trillion-23-years-%E2%80%94-alizakri

http://www.theedgemarkets.com/article/stock-momentum-malaysian-resources-corp-bhd-mrcb

+1 follow Ahza trading strategy..same strategy like mine..hehe

Break 84.5c with volume first

Call warrant seems wanna move..C28. C29, C31 yummyyy :)

KUALA LUMPUR (Aug 9): AllianceDBS Research said Malaysian Resources Corp Bhd (MRCB) had on Aug 8 gapped up to cross over the 83.5 sen hurdle.

In its evening edition Wednesday, the research house said the stock subsequently reached an intraday high of 84 sen before closing near the day’s high at 83.5 sen (up 4 sen or 5.03%).

It said MRCB continued to trade above the 20-day (blue) and 50-day (red) moving average lines.

“The upside gap indicated the urgency to establish stock position.

“Following the up close on Aug 8, the stock is likely to move higher again with immediate hurdle at 83.5 sen.

“A crossover of 83.5 sen again should see further price rise to the next overhead resistance zone, 88 sen – 95 sen.

“The support is pegged at 80.5 sen. A fall below 80.5 sen would put pressure on the stock down to the subsequent support at 75.5 sen,” it said.

AllianceDBS Research said stock volume traded on Aug 8 was 123.9 million shares compared to the 3-month average volume of 35.8 million shares.

Next 0.86/0.90..:) not yet BO but uptrend..keep hold tight..cheers~

Relax guys. Jgn gaduh sini :) esok mrcb test 90c ke?hehe

With or without HSR, mrcb will move up as they have many projects in their pipeline. If with HSR more huatlah. :)

Not the same, as PH gov always want to reduce cost and better serving the Malaysians. As far as the projects are concern, to cancel it would cost more in terms of monetary value and benefits to the people. Hence, selected projects need to continue as the advantages are greater than the disadvantages. For HSR, I can see more advantages can be drawn from the project, so it has to be continued for a greater Malaysia :) Cheers~

Today MRCB got the most active stock traded! Huat! :)

Nice closing..:) tomorrow more huat! tomorrow open gap up ka?hehe

close today at 83.5/84c good enuf..tomorrow more action..just relax, calm and pray hard:)

Anyhow its your money..ikut suka you guys nak beli ke tak..for me, I'm collecting..hehe

btul lah tu labu83..buy when cheap guys..:)

lrt3 still confirmed on..HSR on the way :)

Not everything lor..dont simply say..:) I'm buying more..you want to sell? sell to me..hehe

85c first to break soon labu83..:)

90c coming :) we shall see when it hit 90c..we all fly to the moon.lol

Relaxx..normal profit taking..hehe :) dont panic lorr

Hint: KUALA LUMPUR: Prime Minister Tun Dr Mahathir Mohamad, now on a working visit to Japan, took the opportunity to experience a ride on the Shinkansen bullet train simulator at The Kyushu Railway Company which is also known as JR Kyushu.

“At the JR Kyushu training facility yesterday, I tried out the Shinkansen (bullet train) driver’s simulator.

“It was very precise and able to simulate changes in weather (rain, snow) and day and night,” said Dr Mahathir in a Twitter post today.

https://www.nst.com.my/news/nation/2018/08/399262/mahathir-drives-shinkansen-bullet-train-japan

Stock Name: MRCB (1651)
Entry: Buy above RM0.785
Target: RM0.85 (8.3%), RM0.895 (14.0%)
Stop: RM0.74 (-5.7%)
Shariah: Yes
Technical: Flag-formation breakout

Source: Bloomberg, M+ Online

WOW Mrcb strong :) more to come..:) hold tight..I’m waiting for the call warrant to move..very soon! Hold tight guys

Dont fight fight..you guys just chill and watch the show...:)

I’m watching c28 & c31. Looks yummy and promising

After all RM1 is not a dream..hehe..if HSR has positive news then kaboom!

Power Sarahdeaton..thanks..now I’m looking c28 to move

Sarahdeaton...help us clear the 83c wall please :)

CrystalYL 0.835 to break first then soar upwards!

Morning guys! today will mrcb test 90c? we shall see..my first target RM1..:)

0.86 coming..:)

Closed at 79.5c guys :) tomorrow more to come and if Azmin issue a positive statement on HSR, then we all huat!!

Break 0.835 then we all huat!!

LRT3 is not speculative Ron90..Its confirmed ON! :) hehe..buy more please..after all RM1 is not a dream.

supperbull11 now senyap senyap buy mrcb ..hik hik

LRT3 saves us all..hahaha :)

Ahza Adhwa Zulkepli - Its time for Mrcb to soar upwards!

gogogo MRCB :)

KUALA LUMPUR (Aug 7): The government would have to pay a RM4.2 billion compensation had it terminated RM31.5 billion light rail transit line 3 (LRT3)'s project delivery partner (PDP) MRCB-George Kent Sdn Bhd's contract, said Finance Minister Lim Guan Eng.

In a parliamentary reply to Kepala Batas member of Parliament (MP) Datuk Seri Reezal Merican, Lim reiterated that the government will not re-tender the project and will continue the LRT3 with the current PDP by making it a fixed fee contract.

"The compensation to the PDP is too high if we re-tender the project. (Since) we are reviewing the project as a fixed fee contract, this means the 6% fee that was initially promised to the PDP does not exist anymore," he added.

It was previously reported that the 6% fee to PDP for work packages tendered to winning bidders would have netted MRCB a total of RM948 million.

Separately, special officer to the ministry Tony Pua said the hypothetical RM4.2 billion termination compensation to MRCB George Kent took into consideration work that has been completed, loss of profit, and work that has been awarded.

"We are stuck because of this so we cannot re-tender the project or else we have to pay them compensation. The agreement from the cabinet is that they would approve the total cost of RM16.6 billion, including land acquisition, overheads, interest during construction as well as work package contract," he told reporters at the Parliament lobby.

The Damansara MP also said the details of the project cost will be made known once the new contract is signed soon.

"We are not sure when exactly, as we have to give MRCB George Kent time to talk to their contractors also. I don't have a deadline but the agreement should be signed soon, as work needs to continue," he added.

In 2015, state-owned Prasarana Malaysia Bhd, which will operate the LRT3 project, appointed MRCB-George Kent, comprising Malaysian Resources Corp Bhd (MRCB) and George Kent (Malaysia) Bhd, as the PDP for LRT3, with an initial budget of RM9 billion for construction works and RM1 billion for land acquisitions.

The RM9 billion did not include other costs such as PDP fees (of 6%), other consultant fees, operational and overhead costs, as well as interest payments during construction, hence the cost overrun to RM31.5 billion.

The 37km LRT3, which was initially on the chopping board due to its high cost structure, would connect Klang with Bandar Utama in Petaling Jaya.

http://www.theedgemarkets.com/article/terminating-mrcbgeorge-kent-lrt3-pdp-would-have-cost-govt-rm42b-says-lim

Now everyone chasing. RM1 after all its not a dream..hehe