x bergerak pun

1.62 now

Thanks Prolific

any idea when this co. announces the dividend?

when is this counter going to go up?????

Is this counter worth to hold? I need advice. I am still holding some.

Thanks Ariffong. Happy New Year to u.

Asamlaksa, what is the best price to enter?

setuju dgn saufi74

up, up pls

so slow, no sign of moving up

bila mau naik??????

MRCB falls on news of Nusa Gapura merger falling through
By John Loh



PETALING JAYA: Malaysian Resources Corp Bhd (MRCB) shares lost as much as seven sen on Monday, tumbling to a low of RM1.52 on news its RM729mil merger with Nusa Gapurna Sdn Bhd may be scuttled.

The builder-cum-developer was down five sen to RM1.54 at midday, with some 7.87 million shares done at prices ranging from RM1.52 to RM1.58.

A business weekly reported on Saturday that the Selangor State Development Corp (PKNS) had sent a letter to MRCB saying it wanted out of the MRCB-Nusa Gapurna deal.

The state-owned entity is purportedly looking to exercise an option to buy out Nusa Gapurna's 70% interest in the RM3bil PJ Sentral development. PKNS has a minority 30% stake in PJ Sentral.

CIMB Research said in a report PKNS' resistance was a “setback” to the merger.

“There could be a near-term share price overhang triggered by this news, but it could be offset by large-scale job wins, conclusion to the Eastern Dispersal Link divestment, and positive resolution to the Nusa Gapurna deal in the second half of 2013,” the research house said, maintaining an “outperform” call on the stock with a target price of RM1.98.

“We do not, as yet, see this development as a potential deal breaker. But deal completion could take longer than the fourth quarter 2013 time frame if the state government stays firm on its stand.

“We understand that MRCB's proposed acquisition of the 70% stake in PJ Sentral is interconditional on PKNS's acceptance of the offer,” CIMB Research added.

MRCB shareholders will vote on the proposed merger at an EGM this Thursday.

UOB Kay Hian also confirmed in a note to clients that PKNS intended to acquire the remaining 70% share in PJ Sentral's Lot 12, which spans nine acres.

But the Gapurna family would continue to finalise its merger with MRCB as it believes the “demand” from PKNS was unfounded, the brokerage said.

“It is unfounded because the total implied value of Gapurna's asset (injection) into MRCB includes other land banks, and their construction/security division as well. What PKNS wants is only the price of the nine-acre land.

“Assuming PKNS succeeds, the entire MRCB-Gapurna deal will collapse. Lastly, we think the share price will react negatively, given the huge amount of uncertainties.

”Losing the management from Gapurna and yet another chance to transform MRCB will send the share price downward, in our opinion,” UOB Kay Hian explained.

The brokerage expects MRCB to dip closer to its one-year low of between RM1.20 and RM1.30.

Thanks, Vinvin

vinvin, how do u registered E- TRADE? When u said cheaper, how much is cheaper?

better play safe than sorry later

stagnant at 0.125

cannot break 0.36

big volume

what is the best price 2 go in?

when is the good news going to announce? any idea

still can go in at 0.20?

0.325 gud price 2 go in now?

bought 0.34 yesterday, now o r d drops

naik lambat, turun cepat

already received yesterday

tak bergerak pun

kesian anbz

2 months

is this counter good to buy 4 short term? Any one can advise?

me hoping for the same thing

TQVM Awesome, I take yr advice. Queue up now ha3

how? to go in or not?

still can but this stock at the current price? Need your advice, thanks.

KUALA LUMPUR: Integrated e-Government and e-business firm Skali Group Malaysia is still bidding for the entire stake in TIME Engineering Bhd and is optimistic about its chances.

Group CEO and co-founder Tengku Farith Rithauddeen said on Wednesday that Skali was part of a three-party group bidding for TIME Engineering.

"TIME has a solutions and data centre business and 90% of our RM60mil revenue is from our solutions and data centre business.

"I'm optimistic about our chances but it is up to Khazanah (which has a 45% stake in TIME) to choose the best bidder," he said at a media briefing.

is it worth to keep this stock?

naik lg 3.060 huhuhuhuuuu

dah 3.010

No dividends yet this year?????

Mr. Caryn Chua, when is the rights announcement?

Is this a good counter to invest? Needs help.

wow, great deal

harap dpt 0.34 ari ni

any latest news on this counter

kaunter ni slow

nak tau kaunter ni blh invest ke? harga pa sesuai masuk?

up 249.89 now, wonder Bursa will follow suit tomorrow

Selamat Tahun Baru 2013 semua

alamak, still hold some after dividends paid out, now price going down

dah naik, knpa?