Posted by Khatulistiwa1 > 1 month ago | Report Abuse

https://www.nst.com.my/amp/news/nation/2024/09/1102262/loke-denies-hsr-will-cost-rm120bil


Putrajaya previously said it was open to reviving the project though it must not involve government funding.

Meanwhile, Loke said a decision on the project is expected by the end of the year.

"There has been interest from the private sector, and they have submitted their proposals.

"We are currently assessing these, and the Transport Ministry is preparing a Cabinet paper for review."

Posted by harnam > 3 weeks ago | Report Abuse

will this counter move or just stop at this range only

Posted by 09050905 > 3 weeks ago | Report Abuse

its cominggg

Posted by Zikir95 > 3 weeks ago | Report Abuse

Minggu depan kami boleh tengok MRCB memecah 60 sen 😊

Posted by theyoungman > 3 weeks ago | Report Abuse

Broken 0.60. 💪👍❤️

Posted by zhm540 > 2 weeks ago | Report Abuse

Testing 70s soon....

Posted by NRahmat > 2 weeks ago | Report Abuse

https://www.straitstimes.com/asia/se-asia/malaysia-set-to-launch-forest-city-s-special-financial-zone-on-sept-20

Posted by B03392 > 2 weeks ago | Report Abuse

2 support price 64 and 70 sen nid to break and maintain.

Posted by NRahmat > 2 weeks ago | Report Abuse

Break Out alert... Get ready!

Posted by Apple2353 > 2 weeks ago | Report Abuse

susah nak break 0.635

Posted by 09050905 > 2 weeks ago | Report Abuse

tmr break 0.67

Posted by Apple2353 > 2 weeks ago | Report Abuse

yes ! 0.635 dah pecah..

Posted by theyoungman > 2 weeks ago | Report Abuse

Pecah 0.63. Go. 💪👍

Posted by zhm540 > 2 weeks ago | Report Abuse

Testing 67s today

Posted by theyoungman > 2 weeks ago | Report Abuse

Tekan minyak anytime. Cheers.

Posted by kcyap66 > 2 weeks ago | Report Abuse

super slow

Posted by kcyap66 > 2 weeks ago | Report Abuse

mrcb mirror to uems, today uems up but not mrcb :(

Posted by AmySee > 2 weeks ago | Report Abuse

High chance for HSR to restart next year 😉
https://theedgemalaysia.com/node/727383

Posted by B03392 > 2 weeks ago | Report Abuse

Nid to break support level 64sen and maintain above. 70sen wil hit.

Posted by x3sphere > 2 weeks ago | Report Abuse

This article first appeared in The Edge Malaysia Weekly on March 18, 2024 - March 24, 2024
THREE consortia’s concept proposals for the Kuala Lumpur-Singapore high-speed rail (HSR) are believed to have been shortlisted for the multibillion-ringgit mega infrastructure project.
According to sources privy to the matter, the three consortia are YTL Construction Sdn Bhd-SIPP Rail Sdn Bhd, Malaysian Resources Corp Bhd-IJM Construction Sdn Bhd-Berjaya Rail Sdn Bhd-Keretapi Tanah Melayu Bhd (MRCB-IJM-BRail-KTMB) and a Chinese consortium said to be led by state-owned China Railway Construction.
However, it is believed that only the Chinese consortium has the financial muscle to undertake the project via private funding. The HSR was estimated to cost RM72 billion when the project was being developed between 2015 and 2020, but this could have significantly escalated.
“It is likely that the Chinese consortium will get the project if the government is adamant about having it privately funded. But the government may require the Chinese to take on a bumiputera partner,” says one of the sources.
If the MRCB-IJM-BRail-KTMB consortium’s proposal is chosen, the Employees Provident Fund (EPF) would end up having the biggest exposure to the KL-Singapore HSR. That is because EPF is the largest shareholder of both MRCB and IJM with 36.21% and 17.62% equity interest respectively. It is also a substantial shareholder of YTL Corp Bhd (which wholly owns YTL Construction) with a 5% stake.

Posted by theyoungman > 2 weeks ago | Report Abuse

https://www.straitstimes.com/asia/se-asia/malaysia-s-king-to-seek-funds-for-high-speed-rail-on-china-visit

Posted by NRahmat > 2 weeks ago | Report Abuse

Touch 0.655

Posted by theyoungman > 2 weeks ago | Report Abuse

0.645 superb buying volume... Powerful. Let's wait for kaboom later or tomorrow?

Strong closed 0.64/0.645

Waiting for big break out 0.655 kuat kuat

Posted by theyoungman > 1 week ago | Report Abuse

Engine not yet start?

Posted by NRahmat > 1 week ago | Report Abuse

selling pressure

Posted by AmySee > 1 week ago | Report Abuse

Waiting for your good news, King

https://www.malaysiakini.com/news/720197

Posted by kcyap66 > 1 week ago | Report Abuse

Engine rosak

Posted by Apple2353 > 1 week ago | Report Abuse

lepas repair akan terbang

Posted by kcyap66 > 1 week ago | Report Abuse

fly a bit then ppl shoot down

Posted by Richdady > 1 week ago | Report Abuse

Bursa Malaysia.. even though all improved.. bt bursa asshole

Posted by theyoungman > 1 week ago | Report Abuse

Wow. Sellers (contra players? Syndicates? Market makers? Day traders) are dumping shares with less buyers to support the price. Investors are accumulating on weakness without rushing to book sellers. Interesting.

Posted by NRahmat > 1 week ago | Report Abuse

https://www.malaysiakini.com/news/720197

Seems like HSR project will be funded and build by company from China.. no hope for MRCB?

Posted by theyoungman > 1 week ago | Report Abuse

Well, I think if this project is on, it won't be solely run by China company, it must join with local companies, or join with consortium. This bb may involve too even if China co takes the project.

Posted by theyoungman > 1 week ago | Report Abuse

Yes? Anyone? RM is still kuat.

Posted by NRahmat > 1 week ago | Report Abuse

MRT3 project still on track.. MRCB will benefit from it

Posted by damansaraeagle > 1 week ago | Report Abuse

MRCB is part of a consortium bidding for the HSR project, in partnership with friendly party to Johor, Berjaya Rai . Then you have IJM Construction, and Keretapi Tanah Melayu (KTMB). The project aims to improve connectivity between Kuala Lumpur and Singapore. The HSR initiative could potentially align with the redevelopment of KL Sentral, which would be a strategic advantage for MRCB if the HSR passes through this hub.

Posted by Zikir95 > 1 week ago | Report Abuse

Kumpul lagi jika ia jatuh ke harga kurang drpd 60 sen 🤗

Posted by theyoungman > 1 week ago | Report Abuse

Good closing price 0.605

Posted by theyoungman > 1 week ago | Report Abuse

Zikir, u got it today oh, 0.59

Posted by AmySee > 1 week ago | Report Abuse

@NRahmat. Still got hope. They will collaborate with Malaysian construction companies

Posted by theyoungman > 1 week ago | Report Abuse

Amy is right. No worries about this deal if China takes, the consortium is geng chow (powerful). Sure got chance to take part of it.

Posted by damansaraeagle > 1 week ago | Report Abuse

Assuming nothing happen for HSR for MRCB BUT ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,Malaysian Resources Corporation Berhad (MRCB) has been actively involved in several key developments recently. One of the most notable is the redevelopment of the overcapacity Kuala Lumpur Sentral station, which has been approved by the government. This project, valued at over RM1 billion, will see MRCB working under a private finance initiative (PFI). It is expected to enhance the station's infrastructure and capacity, given its current overload of daily commuters.

Additionally, MRCB has been part of a consortium, alongside Berjaya Rail, IJM Corp, and Keretapi Tanah Melayu Bhd, submitting a proposal for the Kuala Lumpur-Singapore High-Speed Rail (HSR) project. This proposal is currently under review, with discussions surrounding revenue augmentation through property and media rights.

In terms of property development, MRCB is set to launch RM4 billion worth of projects in 2024, with a sales target of RM800 million, mainly from domestic ventures. The company's value-unlocking initiatives have placed it in a strong position for growth, especially with the expected commercial developments surrounding the KL Sentral and Shah Alam stadium projects​

Posted by B03392 > 1 week ago | Report Abuse

HSR is an on national mega project. BJland consortium wil be part of it. Thats our king visions and PMX wants bumiputra companies involved.

Posted by NRahmat > 6 days ago | Report Abuse

Octobull

Posted by AmySee > 6 days ago | Report Abuse

MRCB will be part of the HSR project too besides BJLAND

Posted by mf > 5 days ago | Report Abuse

BREAKING
Dow falls 250 points as oil spikes on rising Middle East tensions

Posted by damansaraeagle > 5 days ago | Report Abuse

Is going to very interesting, who does not know, who is Berjaya Land Bhd (BLand) to Johor. When they announced that its 70 per cent-owned subsidiary, Berjaya Rail Sdn Bhd, has formed a consortium with IJM Construction Sdn Bhd, Malaysian Resources Corporation Bhd (MRCB) and Keretapi Tanah Melayu Bhd (KTMB) to bid for the Kuala Lumpur (KL)-Singapore high-speed rail (KL-SG HSR) project, we know who is going to get HSR

Posted by AmySee > 3 days ago | Report Abuse

Lelong price today

Posted by tpee1999 > 2 days ago | Report Abuse

This Kenanga is trying to PUSH the MRCB price downwards ......it seems that the IB is buying the mrcb shares ...that is y I dont trust these IBs.

Posted by theyoungman > 1 day ago | Report Abuse

@tpee, sometimes, these IBs do it on purpose as some of them issue CWs which is always (most of the time) OTM and they are earning so much $ from it by distributing those CWs to the newbies (inexperience) and grab away their hard earned $ via such investment instrument. IB and IB pakat too, who is who nobody know, only they know what are the intentions. OTM + if due date is still jauh, they will purposely PUSH to trade (flat price or +- 1 bid) so that it will appear on Top Vol (top 10) to lure water fish to swim into it, then unload their CW to those holders. Ren & Gui also themselves. 80% of their CWs are confirmed they are the winners (the issuer(s), this is always the fact).

NO rush to invest in shares. Most imptly is the world mkt sentiment and if BULL mkt is otw else, don't touch it or use 20%-30% of own hard-earned funds to invest into the mother shares at first (ignore CW in bear mkt).

my2cents.