Posted by Wei Chyi > 2017-07-28 18:45 | Report Abuse

gt a pdf... download a read... 89 agree vs 11 against

Posted by Bennychua > 2017-07-28 19:34 | Report Abuse

OK thanks

Posted by Larrytrader > 2017-07-28 23:01 | Report Abuse

So rights issues will make the price drop gg

Posted by LaksaBoy > 2017-07-28 23:03 | Report Abuse

Right Issue price 0.85

Posted by Tony Kung > 2017-07-29 00:14 | Report Abuse

现有的股可以分到free w 吗

Posted by Bennychua > 2017-07-29 10:56 | Report Abuse

Right issue price 0.85 ?U serious lajsaboy

Posted by pedestrian_ > 2017-07-29 11:22 | Report Abuse

Why buy mother when right issue 85 sen only? Buy OR or RI far cheaper.

Posted by calvintaneng > 2017-07-29 11:29 | Report Abuse

For MRCB just buy up everything if PRICE IS CHEAP!

Govt has asked MRCB to do National Service by buying up Bkt Jalil Statium

This RI exercise is to help the Malaysian Govt.

And EPF is the current Top Owner of MRCB

Insiders & Directors also exercised ESOS around Rm1.30 (now only Rm1.26)

So these are the questions?

1) Will Govt after asking MRCB to do national service leave it to wallow in losses?
2) Will EPF be neglected?
3) Will the Directors/Insiders be left in a limbo?

OF COURSE NOT!! A THOUSAND TIMES NO!! GE14 is coming soon.
See how Pm Najib borrowed monies to pay Felda Farmers to get their votes

And MRCB being a Govt LINK Stock won't be neglected for long

As this RI news have caused a sell down due to myopic & fearful holdrs

Now is the time to be greedy while others are fearfully selling.

SO CALVIN TAN RESEARCH ISSUE A CONTRARIAN STRONG BUY CALL ON MRCB!

Posted by nasaie24 > 2017-07-29 12:14 | Report Abuse

https://www.nst.com.my/business/2017/07/261730/mrcb-geared-rights-issue-raise-rm286b

Posted by KingLucy > 2017-07-29 12:59 | Report Abuse

http://www.klsescreener.com/v2/news/view/261331

Posted by AdCool > 2017-07-29 13:27 | Report Abuse

KUALA LUMPUR: Malaysian Resources Corp Bhd (MRCB) shareholders today approved of a rights issue proposal that would raise up to RM2.86 billion.

“More than 89 per cent of shareholders voted in favour of the rights issue," said chief corporate officer Amarjit Singh Chhina.

“From here, we will proceed with price-fixing in mid-August and submit the prospectus to the Securities Commission for approval. We expect to complete this by end of September,” he told reporters after the company's extraordinary meeting held here today.

Also present were chief operating officer Kwan Joon Hoe and chief financial officer Ann Wan Tee.

MRCB is undertaking renounceable rights issue of up to 2.86 million new ordinary MRCB shares together with free detachable warrants.

Posted by AdCool > 2017-07-29 13:34 | Report Abuse

some warrants would become toilet paper since unable to adjust accordingly for the RI.

Posted by nasaie24 > 2017-07-29 13:39 | Report Abuse

Gov will buy EDL

Posted by AdCool > 2017-07-29 13:49 | Report Abuse

If they still aim to raise RM2.86 billion, RI have to be offered at RM1. In order to that, during the price fixing, the price has to go back to 1.5++

Posted by asrizabidi > 2017-07-29 14:46 | Report Abuse

@sahamteknikmath

Posted by Ring > 2017-07-29 16:29 | Report Abuse

https://www.nst.com.my/business/2017/07/261730/mrcb-geared-rights-issue-raise-rm286b

Posted by rookie95 > 2017-07-29 21:32 | Report Abuse

so if another right issue was approved, until what price will mrcb drop to?

Posted by rookie95 > 2017-07-30 01:56 | Report Abuse

adcool, sorry to bother but how do you know it has to be offered at rm1?

Posted by goodluck999 > 2017-07-30 09:05 | Report Abuse

i thought it already mentioned that it will be offered at 0.85 each??

Posted by cutlossbeforetoolate > 2017-07-30 10:57 | Report Abuse

Wow, seem like the price is quite cheap, will buy when the price is rebound..

Posted by AdCool > 2017-07-30 11:33 | Report Abuse

Rookie 95, they are aiming to raise rm2.86 billion and they are issuing 2.86 million new shares. Hence, the indicative offer price is RM1. If they offered 0.85, then they won't be able to raise rm2.86 billion but rm2.43 billion.

Posted by Bennychua > 2017-07-30 12:12 | Report Abuse

Die die also maybe for warrant C15

Posted by Bennychua > 2017-07-30 12:30 | Report Abuse

As cool, seek ur advise here ,if u bought C+15 under 0.04. will u hold or throw with current condition. Any sifu here can advise me ? Thanks

Posted by rookie95 > 2017-07-30 23:47 | Report Abuse

okay thanks adcool

Posted by blahbleh > 2017-07-31 09:11 | Report Abuse

If you guys are still holding warrant MRCB-C* which has expiry date of 30/08, just cut loss. No direction on this type of warrant. Just cut loss mine, painful as hell. Get a bit of money rather than toilet paper.

Posted by support1234 > 2017-07-31 09:13 | Report Abuse

Open RM1.21

Posted by Bennychua > 2017-07-31 09:16 | Report Abuse

how about c15

Posted by kelvin12 > 2017-07-31 09:18 | Report Abuse

cut loss before too late. mrcb is under enormous selling pressure.

Posted by KeliEja > 2017-07-31 09:20 | Report Abuse

i already cut loss my c9 last week..so painfull!!

Posted by akir91 > 2017-07-31 09:24 | Report Abuse

still holding mrcb-wa..seriously to hold or cut loss..need sifu advise

Posted by kakakemas > 2017-07-31 09:44 | Report Abuse

big shark waiting for people who will panic sell..so that they can buy cheaper and get the dividend next month! yeahhhhh

Posted by tlbeng > 2017-07-31 09:44 | Report Abuse

I think mrcb par value is rm1, so their right issue should not be lesser than that, please correct me if I'm wrong.

Posted by invS > 2017-07-31 09:49 | Report Abuse

fearfully selling while somebody happily collecting..

Posted by Seng Thye Ng > 2017-07-31 09:55 | Report Abuse

kakakemas....already X on 25/7...... still can get dividend
if sales laaaaaaaaaaaaaaaaaaaa from 25/7.....am I right ??????

Posted by kakakemas > 2017-07-31 09:59 | Report Abuse

im with the EPF and Tabung Haji....lalalalala...come and sell to me..wanna add more 30k unit

Posted by cutlossbeforetoolate > 2017-07-31 10:00 | Report Abuse

kakakemas are you sure there is dividend? already expired lo.. dont misleading...

Posted by kakakemas > 2017-07-31 10:01 | Report Abuse

same goes to Dolphin..people panic sell when the price slide to 0.165 although i told them to calm down as Dolphin wanna propose a private placement...and then sudenly the price went up up up to 0.3..if u guys here dont trust me its up to uuuuuuuuuu

Posted by kakakemas > 2017-07-31 10:02 | Report Abuse

dont be such an emotional trader. relax laaaa

Posted by nasaie24 > 2017-07-31 10:11 | Report Abuse

aiya just sell la why so stubborn

Posted by LOO99 > 2017-07-31 10:11 | Report Abuse

may be right time to buy for the beginer

Posted by invS > 2017-07-31 10:14 | Report Abuse

if wan sell just sell la.. like nasaie24 said.. bad for health..

Posted by Seng Thye Ng > 2017-07-31 10:16 | Report Abuse

after RI can buy better price laaaaaaaaaaaa
why want to rush now ???????????????????????/

Posted by cutlossbeforetoolate > 2017-07-31 10:35 | Report Abuse

No worry lo.. wait for better price with the sign of rebound

Posted by AdCool > 2017-07-31 10:45 | Report Abuse

Many retailers do not understand RI and its cumbersome process. Hence, no surprise if they are panic and selling. And the counter price also on downtrend, so it's even more so to sell.

Posted by LOO99 > 2017-07-31 11:35 | Report Abuse

high sell n buy q..??

Posted by gcke > 2017-07-31 11:36 | Report Abuse

The share counter is still caught in the bearishness mode.Long black candle recorded on 12 July 2017, and today's price low almost breached the low peak reached on 30 November 2016.Probably,the share counter has still some downside to go before it finds its bottom support level.Support level has still not discern.
2.@Seng Thye Ang is correct that why not wait and see how the price trend and momentum support after right issues.
3.LTH and EPF may be collecting but that does not mean the price will go up before right issue ex-date.If they do not do so presently,the price will have drop even lower.The large shareholdings that they have will be devalued even more.

Outcome: It does not mean that the shareholders does not understand on right issue(RI) exercise and purpose.But gauging from the unfavourable response from the date of the announcement of RI until now showed that the market view such exercise negatively.The BOD should have weighed properly the possible alternative options available.Maybe have they considered debt equity exercise from the bonds' marketplace? Maybe a better and competitive option.Avoid dilution in shareholdings.

Posted by Bennychua > 2017-07-31 11:59 | Report Abuse

Really fukkkk this store...Cut lost d .No more hope ..Good luck guys ...

Posted by nasaie24 > 2017-07-31 14:05 | Report Abuse

Today everybody better sell. Tomorrow bad news coming. Kikiki

Posted by calvintaneng > 2017-07-31 14:12 | Report Abuse

WHOA!

SO MUCH FEAR?
SO DEEP PESSIMISM?

TIME TO BUY NOW!!

THE TIME TO BUY IS WHERE PEOPLE ARE FEARFULLY SELLING!

THE TIME TO SAILANG IS WHEN THERE IS BLOOD ON THE STREETS!!!

WHO DARE TO BUY JAKS AT 40 SEN?
OR MASTEEL AT 38 SEN?
OR PRESTAR AT 46 SEN?
OR DRB AT 92 SEN?

Very very few dare to buy then. Not only that many unduly filled with fear sold right at the bottom.

QUESTION FOR YOU NOW?

ARE YOU SELLING IN PANIC AND FEAR AT MARKET BOTTOM?

IF YOU ARE THEN BETTER DON'T BE IN THE STOCK MARKET.

Posted by NewbieVer007 > 2017-07-31 14:19 | Report Abuse

too many are panic here, lotsa emotional sell. Nways too painful to cut loss now. Lets wait and see