prudentinvestor

prudentinvestor | Joined since 2013-05-10

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User Comments
Stock

2023-08-09 09:33 | Report Abuse

Luckily MRCB could still attract some speculators to "manipulate" the counter. Otherwise it could still be struggling at around 30 sen s a share.

Stock

2023-08-07 17:30 | Report Abuse

Nobody can predict the outcome of the state elections this weekend. Better to tread cautiously and to take profit if there is any.

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2023-08-07 15:07 | Report Abuse

Unless an investor doesn't need to pay brokerage, stamp duties and clearing fees, otherwise the government's initiative is just meaningless.

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2023-08-06 16:48 | Report Abuse

I have more investments in RHB Bank than Maybank. RHB Bank's PE ratio is less than 9, Maybank is almost 13.

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2023-08-04 21:50 | Report Abuse

It hasn't performed as well as Maybank so far this year. Foreign funds prefer Maybank.

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2023-08-04 20:39 | Report Abuse

Turnover has exceeded 100 million shares on three days over the past few weeks, not seen in more than two years. This rally is unlikely to be another flash in the pan again.

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2023-08-04 16:03 | Report Abuse

Some investment banks have given MRCB a much higher valuation, so don't be pessimistic.

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2023-07-31 10:57 | Report Abuse

This is another cash rich company with NTA at RM2.38 a share, twice its current price.

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2023-07-30 15:48 | Report Abuse

"Padan muka tiger bank ! Better ho hong leong bank"
HL Bank's PE is slightly higher than Maybank's, its dividend yield is way lower. How could it be better?

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2023-07-30 15:13 | Report Abuse

"Banks are very safe investments. In fact more companies should invest their excess cash in banks"
@speakup, some companies don't know how to do this. Keck Seng and Facb Ind are both cash rich but they prefer to keep their excess money in the banks.

Stock

2023-07-30 15:09 | Report Abuse

'Net cash 1.07 billion
Has cash rich assets!"
@Diamond7, Around 135 million Keck Seng shares are owned by the public. Keck Seng's substantial shareholders can make use of its net cash and offer almost RM8 a share to these public shareholders and take the company private. So simple.

Stock

2023-07-28 21:32 | Report Abuse

I think the rally is sustainable judging from the high volumes over the past 10 trading sessions.

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2023-07-26 21:12 | Report Abuse

A substantial shareholder of UEMS, Urusharta Jamaah Sdn Bhd has disposed of 4.8 million UEMS shares over the past one week, yet UEMS shares still keep going up.

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2023-07-26 12:16 | Report Abuse

@BullOfWallSt, this fellow and success2628 are the same person. success2628's account has already been suspended. I suppose his new accounted would be suspended too if he continues to post rubbish.

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2023-07-26 10:58 | Report Abuse

Both MRCB and UEMS are considered as UNMO linked companies. UEMS is now trading at above 50 sen but MRCB is still struggling at below 40 sen. UEMS's share price has doubled over the past month but MRCB has just gained about 30%. Time for MRCB to catch up.

Stock

2023-07-25 20:36 | Report Abuse

Its audited NTA is already above RM6.50 a share. Its actual NTA could be more than 2 times higher since a lot of its assets have not been revalued for 40 years.

Stock

2023-07-25 15:18 | Report Abuse

After plunging to RM3.03 five weeks ago, the lowest in 9 years, it has steadily moved away from its multi year lows and is now well clear. Naysayers who predicted that Hap Seng would dip below RM3 have now gone into hiding.

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2023-07-25 14:41 | Report Abuse

For me, if it can reach 45 sen by this week, I am extremely happy already.

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2023-07-25 12:36 | Report Abuse

At RM10 a share, its dividend yield won't remain at 7.8% unless it increases its dividend payment to 78sen a share which is not likely.

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2023-07-25 12:06 | Report Abuse

Unable to hold above RM9 now. It would certainly return shortly for the second attempt.

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2023-07-25 12:03 | Report Abuse

MRCB was heavily traded last Friday. Investors (or speculators?) who had bought last Friday have to pay up by today or face forced selling tomorrow. Looking at the price movement, I think most people still believe that MRCB could move up further.

Stock

2023-07-25 10:59 | Report Abuse

Overcoming RM9 barrier soon, if not today then should be the next few days.

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2023-07-25 10:47 | Report Abuse

Even at RM10 a share, its dividend yield is still at a commendable 5.8%, much better than 12 month fixed deposit rates offered by banks.

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2023-07-25 10:41 | Report Abuse

Its housing scheme, Bandar Baru Kangkar Pulai is doing extremely well.

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2023-07-25 10:30 | Report Abuse

Should be on uptrend until the announcement of second quarter results and interim dividend payment.

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2023-07-24 10:20 | Report Abuse

MRCB has been trading at below 40 sen for around two years. Hope its worst is over and its share price can recover to above 50 sen.

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2023-07-22 14:17 | Report Abuse

We haven't seen such a high closing price for over a year. High turnover suggests the uptrend would likely continue.

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2023-07-21 16:20 | Report Abuse

Failed to close above RM5.55 for one week now. Investors have to be very patient with this counter.

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2023-07-21 15:57 | Report Abuse

Volume has already exceeded 100 million shares, the most active in over three years.

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2023-07-21 15:12 | Report Abuse

Those who had bought at around 30 sen just a month ago have now reaped huge profits. Hurrah

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2023-07-21 12:16 | Report Abuse

Looks like the rally, which started at the beginning of the month would continue. Cheers!

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2023-07-21 10:44 | Report Abuse

Has gained by almost 25% over the last three months. Privatization in the pipeline?

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2023-07-20 16:33 | Report Abuse

Very few people have joined the march so far.

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2023-07-20 15:54 | Report Abuse

Not all PH supporters would vote UMNO. Some might stay away from voting.

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2023-07-19 17:44 | Report Abuse

Foreign funds had been net sellers of RHB Bank in the first half of this year, with net selling amounted to over RM600 million. RHB Bank might hit RM8 in the next two, three years. Your expectation is obviously too high.

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2023-07-19 17:17 | Report Abuse

MRCB has scaled to levels not seen in over a year. Hope the uptrend can continue for a few more days.

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2023-07-18 15:53 | Report Abuse

Investors must vote UMNO if they want MRCB to go up further.

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2023-07-18 14:48 | Report Abuse

Highest in over 14 months. Would dispose of the mother share and just keep its warrants.

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2023-07-17 15:16 | Report Abuse

A climb accompanied by high volumes is more sustainable. Volume very low, one must be prepared for a sudden reversal.

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2023-07-15 11:27 | Report Abuse

Wow! 50% return in one month. In one year would be 600%. An initial investment of RM50,000 would balloon to RM300,000 in a year and RM1.8 million in two years.

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2023-07-14 17:00 | Report Abuse

Would take a little bit of profit if it goes above RM9.

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2023-07-14 15:07 | Report Abuse

Still a long way to go to reach RM8.43.

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2023-07-14 12:51 | Report Abuse

Keck Seng's directors had acquired Keck Seng 23,700 shares at RM3.62 a share. The company's net cash and investments in the stock market are already worth over RM4 a share. Too bad, some small investors are willing to part with their Keck Seng shares at fire sale price.

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2023-07-14 11:47 | Report Abuse

RM8.80 sudah makin dekat. Mungkin hari inilah!

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2023-07-14 10:36 | Report Abuse

RHB Bank has made some modest gains (less than 2.5%) over the past one week but is still far, far away from its rightful position.

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2023-07-14 10:02 | Report Abuse

Sharp rise in the Ringgit. Is it a good idea to use our external reserves to prop up the Ringgit?

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2023-07-14 09:58 | Report Abuse

@theyoungman, I am only a small investor, incapable of determining MRCB's share price. I probably wouldn't buy this counter if the EPF isn't MRCB's largest shareholder.

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2023-07-13 17:02 | Report Abuse

"See how long can tahan rm 3 !"
It has held above RM3 for more than three weeks now. If it could hold above RM3 for another three weeks, I am quite sure it won't dip below RM3.

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2023-07-13 16:47 | Report Abuse

0.6 sen a share dividend to be officially announced later this month. Most actively traded in almost half a year. Is it a signal that L&G better days are coming?

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2023-07-13 16:27 | Report Abuse

Maybe another10 million people worldwide have to die for your dream to come true. Praying for a worldwide recession due to high interest rates would be better.