Slow but steady...will break RM1.80 in near future and heading to RM2....TA still shows STRONG BUY ! MRCB-WA will hit RM0.25. Someone have collected a lot of warrans today.
AmInvesment Bank Research has maintained its “buy” call on Malaysian Resources Corp Bhd (MRCB) but raised its fair value to RM1.89.
“We make no changes to our FY17-19F forecasts, but we increase our fair value to RM1.89 as we lower our discount to its RNAV to 10% (from 20%) as we believe the stock is ripe for further re-rating due to expected positive news flows in the upcoming months. Maintain buy,” AmInvestment said.
“We also would not discount the possibility of MRCB having a bigger role in Bandar Malaysia development moving forward, due to its expertise in transit-oriented developments,” AmInvestment said.
“We make no changes to our FY17-19F forecasts, but we increase our fair value to RM1.89 as we lower our discount to its RNAV to 10% (from 20%) as we believe the stock is ripe for further re-rating due to expected positive news flows in the upcoming months. Maintain buy,” AmInvestment said.
@damiantreez, not so sure if i trust AmInvestment tbh, after all that 1mdb internal reshuffling that went on, could be a conflict of interest here imo, i.e promoting for their own political benefit, just my 2 cents, at least be cautious la
Denied any discussion or negotiation related to bandar malaysia. Not yet finalised means there are some discussion conducted? This contradict with Malton announcement.
so if you invest based on facts , may be you just wait MRCB confirmed got projects and make formal announcement . then you only chase the stock . see you can win money or not.
malton already deny the bandar malaysia project. why still think malton will get the project ? any news ? if no news , thats your own imagination , and give excuse why malton will get the project later . you can go hantam malton now by all means.
May be you might win money kaw kaw if malton got the project.
but if you want to convince us to believe that malton will get the project . sorry i dun buy it. since malton already deny it.
in my opinion, the one who will get the project is GLC company or umno related company. so big kangtao must give some portion to them for sure. May be MRCB might take up a bigger role in bandar malaysia project , even it cant get the master developer project role.
may be can get extra land from the project.
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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....
tempac
655 posts
Posted by tempac > 2017-05-11 16:19 | Report Abuse
20000 lots sold at 0.165 just in 1 shot.