LOL.the big boys haven go in yet because its gonna drop more after 3rd of november. but u all want can buy now too. but i will wait for further drop then i buy. right now...its time for SAMBA!!! CHA CHA CHA...who wanna dance with me?
AT ITS HIGH OF RM1.80 IT WAS NEAR DRB PRICE OF RM1.86
HOWEVER GOVT WANTED MRCB TO DO NATIONAL SERVICE BY BUYING UP BKT JALIL STADIUM
AS A RESULT MRCB ISSUED RI TO RAISE CASH.
AND WITH NEGATIVE RESPONSE TO RI MR MARKET HAS SOLD DOWM MRCB TO THE LOW OF AROUND 90 SEN
SO AT THIS LOW PRICE OF 95.5 SEN AND WITH PM NAJIB HINTING THAT INFRASTRUCTURE WORKS WILL BE INCLUDED IN 2018 BUDGET ...MRCB STANDS A GOOD CHANCE TO SECURE MORE GOOD PROJECTS.
AND THESE ARE THE REASONS TO BUY MRCB
1. DIRECTORS AND INSIDERS EXERCISED ESOS AT RM1.30. USUALLY BY BANK LOANS. SO THEIR COST OF HOLDING EVEN WITH RI AT 79 SEN PLUS 20% FREE WARRANT IS STILL NEAR RM1.00 HOLDING COST.
SO ANYTHING BELOW RM1.00 IS A BARGAIN FOR MRCB
2. THIS YEAR IS ELECTION YEAR. MRCB BEING A GOVT LINKED STOCK STANDS A GOOD CHANCE TO SECURE PROJECTS.
3. PM NAJIB HAS HINTED 2 THINGS
ONE. SALE OF BANDAR MALAYSIA WILL PARE DOWM 1MDB DEBTS. AND MRCB BEUNG TOD SPECIALIST STANDS TO REAP SOME JOB WORK
TWO. INFRASTRUCTURE WILL BE ALSO IN FOCUS FOR BUDGET 2018. AND MRCB MIGHT WIN SOME PROJECT AWARDS
4. THE OVER SUBSCRIPTION OF RIGHTS ISSUE SHOWED CONFIDENCE BY THE MARKET.
WITH THESE ABOVE FACTORS GOING FOREWARD MRCB IS WORTH A BUY. ITS DOWNSIDE IS VERY LIMITED AND ITS UPSIDE POTENTIAL IS BRIGHT
MRCB ALREADY HAS EXPERIENCE FOR TOD OR TRANSIT ORIENTED DEVELOPMENTS IN PJ SENTRAL, KWASA SENTRAL, PENANG SENTRAL AND KL SENTRAL. SO IT SHOULD GET SOME JOB AWARDS FOR BANDAR MALAYSIA... DIRECTLY OR INDITECTLY.
SINCE 1MDB NEEDS MONEY TO PAY DEBT THE NEXT AGENDA WILL BE THE SALE OF BANDAR MALAYSIA PRIME LANDS.
Let hv sme pop corn and kopi o.... See profit running up ! Yeah...... Gogogo my cash cow..... Go go go Push push push high higher highest ! Ini kali lah...
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....
ehtan18
362 posts
Posted by ehtan18 > 2017-10-26 16:45 | Report Abuse
Let see closing got any surprises.