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Last Price

0.485

Today's Change

-0.09 (15.65%)

Day's Change

0.47 - 0.56

Trading Volume

59,607,400


22 people like this.

30,118 comment(s). Last comment by mf 23 hours ago

Melvin G

601 posts

Posted by Melvin G > 2013-02-25 17:20 | Report Abuse

LOL shahfar you punter! Cute!

avucin

145 posts

Posted by avucin > 2013-02-25 20:08 | Report Abuse

only cimb has the more rational TP 13/02/2013, the others midf, kenanga and hlg are too much, bullshit just put the TP as much as they want to!!!!

gkheng

135 posts

Posted by gkheng > 2013-02-25 23:46 | Report Abuse

annual report next weeks?

anson938

1,961 posts

Posted by anson938 > 2013-02-26 07:09 | Report Abuse

Anwars promise might continues all project which have been ran by Goverment BN currently,said by Anwar if they suceeds tovPutrajaya.

anson938

1,961 posts

Posted by anson938 > 2013-02-26 07:10 | Report Abuse

Unless there got any unfair or unreasonable matters.

joseph hii

339 posts

Posted by joseph hii > 2013-02-26 08:09 | Report Abuse

financial report is delayyyyy???
maybe is bad news coming out, bewareee

anson938

1,961 posts

Posted by anson938 > 2013-02-26 08:41 | Report Abuse

Annual report Suppose to be out at 200213

shahfar8

225 posts

Posted by shahfar8 > 2013-02-26 16:26 | Report Abuse

WILL BE OUT TODAY.. GET READY TO LOSS!!!!!!!!!!!!!!

anson938

1,961 posts

Posted by anson938 > 2013-02-26 16:51 | Report Abuse

Get ready to loss.....

anson938

1,961 posts

Posted by anson938 > 2013-02-26 17:34 | Report Abuse

earn a lot or loss a lot for these counter??????

shahfar8

225 posts

Posted by shahfar8 > 2013-02-26 18:58 | Report Abuse

loss a lot larh.. see the report http://www.bursamalaysia.com/market/listed-companies/company-announcements/1208609

Risk Trader

3,942 posts

Posted by Risk Trader > 2013-02-26 19:00 | Report Abuse

Confirm will fall below RM1.00.....best buy below 0.80 cent

joseph hii

339 posts

Posted by joseph hii > 2013-02-26 22:10 | Report Abuse

run awayyyy
cut loseeeeeeeeeee

david1815

63 posts

Posted by david1815 > 2013-02-27 02:19 | Report Abuse

haizzz..reli stupid stock!!!

talk2pkc

2,300 posts

Posted by talk2pkc > 2013-02-27 04:05 | Report Abuse

What about those development in KL Sentral ??? Looks like they r same culture as MAS , 2many blood sucker within the Board , thks god cash in last year !!!! Al the best 4those still praying , lohhhhhh

anson938

1,961 posts

Posted by anson938 > 2013-02-27 08:21 | Report Abuse

There is still going on for that project.

anson938

1,961 posts

Posted by anson938 > 2013-02-27 08:41 | Report Abuse

Malaysian Resources Corp Bhd (MRCB) posted higher pre-tax profit of RM134.002 million for financial year ended December 31, 2012
as compared to RM123.313 million recorded in the same period a year ago.

Its revenue rose to RM1.283 billion from RM1.226 billion.

In a statement today, MRCB said the improved performance was due to higher contribution from the group's ongoing property development projects in Kuala Lumpur Sentral.

The group also attributed the strong performance to its property investment activities, notably a full-year rental income from Platinum Sentral, which was completed at the end of last year.

The group's property division's healthy growth is further boosted by the successful launch and revenue recognition of The Sentral Residences which commenced on the third quarter of the financial year.

The environmental division also contributed positively to the group's results for the year under review after awards were received for work done under the two environmental projects.

Moving forward, the sroup said it has strategised to further increase its landbank in strategic locations within the Klang Valley for its future development by entering into various share sale agreements with Nusa Gapurna Development Sdn Bhd.

The proposed strategic deal will further boost the group's prime landbank, all located strategically in the Klang Valley, with the key development being the PJ Sentral Garden City Development, it said.

With the group's proven track record at urban regeneration in the like of the Kuala Lumpur Sentral development, coupled with the newly acquired land banks that are development-ready, the board expects the group to be poised for further growth in terms of revenue and profitability.-- Bernama

talk2pkc

2,300 posts

Posted by talk2pkc > 2013-02-27 08:47 | Report Abuse

Sadly their share price just looks week & almost inactive !!!

anson938

1,961 posts

Posted by anson938 > 2013-02-27 09:08 | Report Abuse

Sold on rumours and Buy on fate

anson938

1,961 posts

Posted by anson938 > 2013-02-27 09:22 | Report Abuse

dividend could support its price to go up again again....

maxtbp86

119 posts

Posted by maxtbp86 > 2013-03-01 14:50 | Report Abuse

DIVIDEND HOW MUCH??

Mat Cendana

2,332 posts

Posted by Mat Cendana > 2013-03-01 15:37 | Report Abuse

Has this donkey found its bottom and is finally starting to go on an uptrend?

david1815

63 posts

Posted by david1815 > 2013-03-01 17:29 | Report Abuse

up up up arh...dont stop it..

Mat Cendana

2,332 posts

Posted by Mat Cendana > 2013-03-05 09:39 | Report Abuse

Very encouraging performance over the past few trading sessions.

talk2pkc

2,300 posts

Posted by talk2pkc > 2013-03-05 09:47 | Report Abuse

Net Asset = 1.02 n dont anticipate to travel to far away fr here , lohhhh

Mat Cendana

2,332 posts

Posted by Mat Cendana > 2013-03-05 09:54 | Report Abuse

One thing I've observed about the stockmarket - the NTA isn't too useful for *traders*. MK Land for instance...it's trading at well below its NTA. Momentum is everything. Getting in and out at the right time - if only we can improve on this. Anyway with MRCB, it seems that the TA charts are reliable most of the time with this particular counter. It's popular with speculators, and if they are in, it will go up and up. Of course the opposite will also be true as seen over the past few months.

anson938

1,961 posts

Posted by anson938 > 2013-03-05 10:02 | Report Abuse

Company Name MALAYSIAN RESOURCES CORPORATION BERHAD
Stock Name MRCB
Date Announced 4 Mar 2013
Category General Announcement
Reference No MR-130304-63129

Type Announcement
Subject OTHERS
Description PURCHASE OF SHELF COMPANY



The Board of Directors of Malaysia Resources Corporation Berhad (“the Company”) wishes to announce that the Company had today acquired Lotus Terrain Sdn Bhd (“LTSB”).

LTSB was incorporated in Malaysia under the Companies’ Act 1965 on 28 November 2012. The authorised share capital of LTSB is RM100,000 comprising 100,000 ordinary shares of RM1.00 each, out of which 2 shares have been issued and fully paid up. LTSB is a dormant company.

None of the Directors and/or major shareholders of the Company and/or person connected to them have any interest, direct or indirect, in the acquisition of LTSB.








c.c. Securities Commission

Mat Cendana

2,332 posts

Posted by Mat Cendana > 2013-03-05 10:38 | Report Abuse

It needs to convincingly break past 1.40 and stay above that. It did earlier today but slipped back on profit-taking. And this is also one of the problems with MRCB - the traders tend to run after only a few sen of gain. But those who came in at 1.26 or so just a week or so ago are in a comfortable position right now.

maxtbp86

119 posts

Posted by maxtbp86 > 2013-03-05 15:41 | Report Abuse

GOT GOOD NEWS??

Posted by Desmond Liew > 2013-03-05 16:56 | Report Abuse

i think it is the right time to enter... normally counters under ummo will shoot up & it is almost the time for all eg counters to move... all indicators show me bullish so i jst jumped in at 1.41..

Risk Trader

3,942 posts

Posted by Risk Trader > 2013-03-05 17:11 | Report Abuse

Buy...buy...buy...TP 1.50 for next week

Mat Cendana

2,332 posts

Posted by Mat Cendana > 2013-03-05 19:25 | Report Abuse

I may be wrong because it might announce something in the near future and some insiders who already know of it are buying early. But I don't think this is news-related to anything. It's probably more of the "second wind" in response to matter concerning Gapurna at around Chinese New Year. This is definitely positive, especially when it will now have a CEO/Managing Director who is also a major shareholder. It's always good when someone in this position has a significant financial stake in the wellbeing of a company; not some seat-warmer who is into it solely for the salary.

MRCB went up after that but couldn't sustain the upswing. Among other things, the GE Factor was weighing it down since it's one of those counters perceived to be politically connected. But many investors like the Gapurna deal, especially the warrants they'll be getting. The weak holders have already been weeded out during those months when MRCB went down and down from its `usual' range of 1.60-1.75 to as low as 1.20-something. Based on the technical readings, it is obviously on an upswing. The question is, how long can this be sustained?

I'm taking a risk with it... the cheap way through its CWs. Had sold some of the -CN after CNY but I'm keeping the rest. Ex. Price of 1.60, expires 31/5/2013 - I feel there's a fighting chance.

mcchia

60 posts

Posted by mcchia > 2013-03-05 20:17 | Report Abuse

This share goes up(most of the time) when UEMLAND goes up and vice versa.

Mat Cendana

2,332 posts

Posted by Mat Cendana > 2013-03-06 00:51 | Report Abuse

It was like that a lot of the time previously. But since a couple of months ago or so, it did very poorly as compared to UEM Land. The latter at least had ups and downs while with MRCB it was mostly "downs" only. Hopefully they are becoming more aligned like before as you have noted. If that's so, then the upside potential looks promising - MRCB needs only to go back to its `normal' range and many traders will be very happy.

Posted by Desmond Liew > 2013-03-06 08:44 | Report Abuse

Hi Mat,,, what is its normal range?

anson938

1,961 posts

Posted by anson938 > 2013-03-06 08:50 | Report Abuse

I totally agree with you,Mat Cendana. When will annouce the dividend pay out for these counter?

maxtbp86

119 posts

Posted by maxtbp86 > 2013-03-06 12:18 | Report Abuse

SO U ALL THINK CAN UP TO RM2.00??

Mat Cendana

2,332 posts

Posted by Mat Cendana > 2013-03-06 21:16 | Report Abuse

@Desmond, it's roughly in the 1.60-1.75 previously. For traders, this kind of range is attractive enough to speculate on. And that's another problem with MRCB - many traders are content with just modest gains, selling for profits of less than 10 sen.

@maxtbp86, 2.00 is perhaps too ambitious to think about at the moment. I will be happy with this first - that 1.40 is a solid support. Having a base is critical and MRCB is forming one after having gone down to new territory with those below 1.30 prices. It broke the technical charts in that we can't even be reasonably sure of where the bottom was. But things are getting better now - just watch the 1.40. The next target will be to approach 1.60. If it gets past that, then the good days for MRCB punters are back. Right now many are rather jittery; one foot is always at the exit ready to run.

Posted by Desmond Liew > 2013-03-07 10:19 | Report Abuse

tqvm Mat ,,, i ll take note your advice..

david1815

63 posts

Posted by david1815 > 2013-03-08 01:47 | Report Abuse

when to confirm free warrants??

Posted by Lawrence Kwan Vui Juin > 2013-03-08 19:29 | Report Abuse

Mrcb like to talkcock....

cflow78

35 posts

Posted by cflow78 > 2013-03-11 15:23 | Report Abuse

what is the next target price?

david1815

63 posts

Posted by david1815 > 2013-03-12 01:15 | Report Abuse

maybe this stock will drop back until 0.80,0.90cent..

anson938

1,961 posts

Posted by anson938 > 2013-03-13 09:48 | Report Abuse

Company Name MALAYSIAN RESOURCES CORPORATION BERHAD
Stock Name MRCB
Date Announced 12 Mar 2013
Category General Announcement
Reference No MI-130312-56310

Type Announcement
Subject MULTIPLE PROPOSALS
Description MALAYSIAN RESOURCES CORPORATION BERHAD (“MRCB” OR “COMPANY”)

(i) PROPOSED ACQUISITIONS;
(ii) PROPOSED FREE WARRANTS
(iii) PROPOSED EXEMPTION;
(iv) PROPOSED IASC; AND
(v) PROPOSED AMENDMENTS.

(TO BE COLLECTIVELY REFERRED TO AS “PROPOSALS”)


We refer to the announcement made by RHB Investment Bank on behalf of the Board on 8 February 2013 in relation to the Proposals. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the said announcement in relation to the Proposals.

On behalf of the Board, RHB Investment Bank wishes to announce that MRCB has, on the date of this announcement, submitted the Property Valuation Reports to Bursa Malaysia Securities Berhad.

The Property Valuation Reports are currently available for inspection at the registered office of the Company at Level 21, 1 Sentral, Jalan Travers, Kuala Lumpur Sentral, 50470, Kuala Lumpur, during normal business hours (except public holidays) for a period of three (3) months from the date of this announcement.

This announcement is dated 12 March 2013.

cflow78

35 posts

Posted by cflow78 > 2013-03-13 09:52 | Report Abuse

So this mean?

david1815

63 posts

Posted by david1815 > 2013-03-14 00:56 | Report Abuse

talkcock...

anson938

1,961 posts

Posted by anson938 > 2013-03-16 15:11 | Report Abuse

its fake???????

anson938

1,961 posts

Posted by anson938 > 2013-03-16 15:12 | Report Abuse

Mat,how the price?????? u said 1.65???? for these week.What is the result.

anson938

1,961 posts

Posted by anson938 > 2013-03-16 15:14 | Report Abuse

could you explain it?????? Mr.Mat Cendana

anson938

1,961 posts

Posted by anson938 > 2013-03-16 15:43 | Report Abuse

another talkcock again!!!!!!

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