this good news is coming and will make mrcb to 1.90. May announce in March 17 epf will make a reit ipo soon on all its highway asset. Super IPO coming. Just like sime ... super merger become super demerger.
2017 will be another super IPO for bursa and will make klci index to 1900
accumulate on any correction as now is uptrend. May hit 1.80 if able to sell the highway asset to epf. Furthermore, mrcb is one of the shortlisted for the rm 800 mil incinerator project in kepong. Very high chance all this deals will go to mrcb
I think it is still moderate, LTH is not holding that much of share and the amount they disposed is not significant. If EPF disposed, that's the time when we should be worried
For MRCB, there is a syndicate or IB playing it. I have offload my shares after I see the syndicate trying to create demand yesterday and today put a big block to create seller at 1.47 to push more seller. For retailers, let the big fish have their day push the MRCB price down more and more before we start to think to purchase.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
labu83
2,565 posts
Posted by labu83 > 2017-02-02 16:02 | Report Abuse
1.5 coming....