Vin Cullen....you dreaming!

Hong Hero, For Kwasa Land the most MRCB will get between 200-300 acre. So many political company are for the land...they will divide into smaller pieces and distribute it. What big project in MRCB stable? PJ Sentral and Penang Sentral. PJ Sentral still hanging in court and I don't think PKNS will give it up easily. Penang Sentral (MRCB 49%, PHB 51%) land issue yet to settle. With DAP helming the state gov, being a fed GLC you think its so easy ahh.....Same like MAS,,,strip the assets, show good profit one or two years (due to assets stripping) then what.....Gapurna and gang will exit and MRCB share down to 20sen....

weijian, If the price goes north, it is due to speculation and artificial demand. It will not last. Hit and run and not for long term. I has been monitoring this company fundamental, apart from disposal of assets nothing comes out of the transformational program. As for Penang Sentral supposed to be launched by year end, its purely to jack up the stock price. Land issue is far from settle...how to launch? The analysis posted by Johnny Cash mention of asset disposal....that's all.....STRIPPING OF ASSETS TO CREATE VALUE (CAN AHHHH)????

Being a company in EPF stable, MRCB should get a portion of the Sg Buloh land for development, but as at now no news yet with regards to MRCB involvement in the said development. Nothing.
MRCB situation is like MAS when Idris Jalal helming to the company.....looks rosy with various transformational program but actually its just assets stripping to show good return.....the fundamental i.e the core business is not moving. Trade with cautions with MRCB, it may go to 20 cents, just like MAS.

The positive thing is monetize whatever the MRCB available property est at RM2.5b. Only a handful, approximately RM1b that fits to be placed under REITs. Moving forward, apart from selling of current assets to generate revenue, there is no other project in the making. No new property launch and the construction division will not have any internally generated projects....

Sudah mau mati ooo.....

No projected launching this year and the development team is weak. Price movement will be due to speculation and fundamental is poor. Expect a roller Coaster year...

On one hand reducing the revenue generating assets and on the other hand acquiring properties with no revenue yet.....cakap tak serupa bikin...