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2018-05-22 09:33 | Report Abuse
please down to rm0.50
please. Buy again today.
2018-05-21 19:26 | Report Abuse
tabung haji buy
17 May 2018
2,000,000
Acquired
2018-05-21 19:25 | Report Abuse
please down to rm0.50 tml
please ! please!
2018-05-21 19:24 | Report Abuse
kwsp buy
16 May 2018
3,000,000
Acquired
2018-05-21 15:36 | Report Abuse
please down...to rm0.50! please!!!
2018-05-21 10:34 | Report Abuse
please drop to rm0.50
fsst fast drop...
2018-05-21 09:51 | Report Abuse
bought again today.
2018-05-21 09:51 | Report Abuse
please drop....
2018-05-21 09:13 | Report Abuse
please drop to rm0.50
please!!!
2018-05-18 19:49 | Report Abuse
kwsp
15 May 2018
4,000,000
Acquired
2018-05-18 18:32 | Report Abuse
sarah, buy low sell high...ha ha
2018-05-18 17:12 | Report Abuse
fast fast rm0.50
i want buy more!
2018-05-18 15:41 | Report Abuse
tabung haji buy, kwsp buy
2018-05-18 15:40 | Report Abuse
kwsp keep on sell YTL but keep buying MRCB
2018-05-18 15:21 | Report Abuse
please drop to rm0.5 today.
i want buy at rm0.50
2018-05-18 14:10 | Report Abuse
tabung haji buying.
16 May 2018
2,000,000
Acquired
2018-05-18 13:00 | Report Abuse
i think hsr will proceed from.Singapore to thailand.
2018-05-18 12:37 | Report Abuse
bought some @0.70
2018-05-18 12:01 | Report Abuse
faster drop! why didnt drop....rm0.50
2018-05-18 07:56 | Report Abuse
fast sell. let it down more to 0.5
2018-05-18 06:47 | Report Abuse
hope down again today. i want top up again.
please drop to rm0.50
2018-05-17 22:23 | Report Abuse
HLIB same analysis with Calvin.
2018-05-17 22:22 | Report Abuse
Malaysian Resources Corporation - Selling Overdone; Anticipate Technical Rebound
Author: HLInvest | Publish date: Tue, 15 May 2018, 09:28 AM
MRCB (Buy-TP RM1.31) plunged 21.5% to RM0.785 following a broad selloff in the construction sector amid fears of the new PH government would review the on-going and upcoming mega projects. We expect a relief rally soon after the selling climax yesterday as MRCB’s fundamentals remain intact, backed by EPF (major shareholder with 34.9% stake), a strong ~RM6bn orderbook (excluding recently awarded KL-Singapore HSR PDP contract), disposals of EDL together with Menara Celcom and Ascott (by end 2018) to improve balance sheet.
MRCB Nosedived 21.5% to RM0.785 Amid Broad Selloff in Construction Stocks. Tracking major rout in construction and infrastructure companies in wake of concern that the change in new PH government is likely to translate into uncertainties pertaining to the continuity of mega projects (ongoing and upcoming) that were initiated by the previous administration.
Selling Overdone? Following a 40% plunge from YTD high of RM1.31 (8 Jan) to RM0.785 yesterday, we believe further severe downside risks are ebbing given HLIB SOP TP of RM1.31 (+66.8% upside), healthier balance sheet post rights issue, undemanding 0.71x P/B (52% below its 10Y average) and a strong 13.5% earnings CAGR for FY17-19. Moreover, its ~RM6bn orderbook (excluding recently awarded JV KL-Singapore HSR PDP with Gamuda), FY18 tenderbook of ~RM2.0bn (focusing on more civil engineering and long term fee-based contracts) coupled with ~RM1.2bn unbilled property sales will provide at least 3-4 years of earnings visibility.
EPF, the Single Largest Shareholder. Further selldown is also likely to be cushioned by the reputable shareholder, EPF and the monetisation of EDL. With EPF holding a 34.9% stake, MRCB’s well-being indirectly augurs well for unit holders of the retirement fund (i.e. the Rakyat ). We reckon that this should provide some comfort that the recent regime change during GE14 should not result to negative ramifications to MRCB from a fundamental standpoint.
Monetisation of EDL Is Another Potential Catalyst. Following the abolishment of toll collections for the EDL from 1 Jan 18, we expect the government to buy out the expressway or compensate MRCB based on traffic flows on the highway. Management estimates that the disposal of EDL, together with Menara Celcom and Ascott (by end 2018) could potentially transform its balance sheet into a net cash position (from net gearing of 0.53x in FY17), thereby in a much better position to execute its various catalytic projects such as embarking on the maiden launches of its key transit-oriented developments (TOD) projects – Kwasa Sentral and Bukit Jalil Sentral, both with a combined GDV of ~RM22bn.
Anticipate a Relief Bounce After Yesterday’s Selling Climax? In view of possible selling climax yesterday with a huge 138m shares transacted (against average 1M and 3M shares of 8m and 12m, respectively), there are signs of potential downtrend reversal, supported by the toppish –DMI and rising ADX (daily chart) coupled with the bottoming up hourly indicators. A strong breakout above RM0.80 barrier is likely to spur prices higher towards RM0.83 (23.6% FR) and RM0.90 (50% FR) before reaching our LT objective at RM1.00 psychological levels. On the flip side, key supports are situated at RM0.755 (14 May low) and RM0.695 (25 Aug low). Cut loss at RM0.69.
Source: Hong Leong Investment Bank Research - 15 May 2018
2018-05-17 21:47 | Report Abuse
hope can down more. top up and top up again.
use the fund earn from cosumer stock to top up.
Today earn from padini, genm, bjtoto.
2018-05-17 19:32 | Report Abuse
need to buy again tml.
2018-05-17 13:13 | Report Abuse
kwsp top up mrcb 14 May__ 8000000
tabung haji sold 15 May __ 1345400
2018-05-17 11:29 | Report Abuse
after sibgapore pm visit Tun M this saturday. Hsr may turn around.
2018-05-17 11:27 | Report Abuse
need some time buy at low. i bought mbsb at 0.5 up to 0.9
last time all said i m so hai.
But few months later ,i sold all above Rm1.0 to rm1.2
this mbsb also epf counter.
2018-05-16 17:14 | Report Abuse
look like construction sector rebound. hope mrcb will up back 0.9 tml.
2018-05-15 16:18 | Report Abuse
buy buy buy. huarrr!
2018-05-14 20:58 | Report Abuse
shares buy back, then good can lift up the shares price.
2018-05-14 16:34 | Report Abuse
calvin, follow you...
2018-05-14 16:33 | Report Abuse
buy again @0.78 and 0.775
2018-05-14 16:18 | Report Abuse
up back to 0.78
2018-05-14 14:58 | Report Abuse
need long term...
2018-05-14 14:52 | Report Abuse
almost same price with right issue 0.79
2018-05-14 14:51 | Report Abuse
buy again @0.795
2018-05-14 13:49 | Report Abuse
NTA @1.10 but share price only 0.80 now.
panic selling. it will up back soon.
2018-05-14 13:44 | Report Abuse
today earning at padini, maybank, bjtoto but loss at mrcb. All earning gone....
2018-05-14 12:55 | Report Abuse
buy again@ 0.83
2018-04-24 16:42 | Report Abuse
rebound back to 1.01
Stock: [MRCB]: MALAYSIAN RESOURCES CORPORATION BERHAD
2018-05-22 11:28 | Report Abuse
please down to rm0.50
please!
please!
i buy again today @0.735