my simple logic if the taukey already said want to do RI for sure they will work out to the RI target price rm1 and mkt price around 1.27 as reported...
yalor. now Bandar Malaysia no more foreign investor want to invest in. Malaysia government how to overtake the huge project as billion-billion of money needed. And how could it benefit MRCB in the short term.Plus the right issue target price of rm1
EPF n Gapurna may be able to exercise all their right issue but Bank Rakyat n Tabong Haji may have difficulty to exercise...and may put further pressure to the RI itsellf
yinkee92 , they are long term player probably more than 5 years... infect i have been wondering will all the mega projects totaling around rm300bil will be able to achieve within given time frame...likely it would be some kind of adjustment on time line and costing in future and for now just pru show off only....
You cant expect a rebound within few days. Just give it another few weeks. When the market find something negative counters to talk about, MRCB would appreciate back slowly. Now the negative sentiment is still fresh on the mind.
GADANG Holdings Bhd managing director and CEO Tan Sri Kok Onn adding to his holding was among the shareholding changes filed with Bursa Malaysia between April 28 and May 5.
Kok bought one million shares on the open market for RM1.29 per share on May 5, raising his direct holdings to 0.51%, and is deemed interested in another stake of 25.81%.
Gadang’s share price climbed to a five-year high recently, touching RM1.34 on May 4, before retracing to RM1.28 on May 9, which was when it announced that its wholly-owned unit’s 51%-owned joint venture had won a RM327.9 million road upgrade contract from TRX City Sdn Bhd.
knf59 yep they play unfair game ..that explain why Tabong haji keep on selling every day before RI news out because they know internally ...now Tabong Haji just waiting to level that they have inside info where the price will stop before buying back.. so should collect slowly at the price when only Tabong Haji start to collect.
the same thing is happening to DRB tabong haji keep on selling ...should only start buying if Tabong Haji start collecting ..also to UEMS...
leason learnt,, if Tabong haji start selling it time to wonder what next bad thing to happen n may be considering selling your holding and when Tabong Haji buying may be start to do home work why they are buying if good nice to follow
for what we know MOF injected rm1.2bil last year to proton...my be bad news will be announced tomorrow ...may be DRB /proton running out of money again...???
...some time line based on my best guess on election... 1. June july puasa and raya 2. Aug sea game 19 to 31 3. Sept another sport event 4. Sept oct budget months 5. Nov Dec flooding season 6. Jan Feb 2018 budget rollout 7. March April likely election 8. 5/5/2018 election due date
....so now all the mega projects are rolled out just show off to make us excited and day dreaming buying into the so call mega projects to become beliver into suporting BN in coming GE....but time telling us as per earlier mega projects such as msian super coridor, proton, bakun (12 years to funally completed) and some others either dying or mearly suviving...and some become budent to mof n us as tex payer...
....and looking at klci movement suggesting that bursa are just likely technical rebound to previous high @1896 after 2 years down n not going any where beyond...
..may be the mrcb RI would become big junk some where in near future....cause economically over all it not viable prjcts...just like putra lrt making loss n government has to step in...
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....
SUMATECRM1
364 posts
Posted by SUMATECRM1 > 2017-05-23 10:16 | Report Abuse
We shall see.. Today red again hahah theres this guy giving a talk for free about MRCB??? Whoever going pls update here. Tq