RM1 psychological line. Estimated RM70 million compensation annually. That prove government only willing to pay as per the lower projected traffic volume at MRCB. Not good for MRCB as EDL would still eats into its cash flow and profit due to that SUKUK Loan repayment.
Broke RM1 earlier Psychological line broken!!! RI subscriber is selling now. Traded volume in less than an hour already more than the past two days trading.
consider compensation, all these year MRCB has survived and had even go up to RM 1.8 before RI announcement. Calculate from there 1.8+.79 / 2 = RM 1.3 TP should be able to easily match!
Dont enter first...Remember 0.925 is the cost price for most RI subscriber and now with WB warrants gaining profit, they would be willing to sell the mother share.
As abolishment EDL by 1 Jan 2108 alrdy announce in budget, therefore, the detail on take over and compensation on EDL disposal will be make,in detail very very soon
hng33, already reported by The Star this morning lah....Saying estimated compensation for EDL would be around RM70 million annually. For Plus would be RM102 million annually. How come u all dont know about this? Dont you use any tool/app to track??? Still buying physical newspaper to read???
Bear in mind, Bandar Malaysia treansportation hub is wild card to further boost MRCB next. TRX have previous indicate to allocate 60 acres for HSR terminal to MRCB for its vast and successful, to replicate KL sentral
Already did one round ..bot 100k 0.97 n sold 1.12...hope to repeat again.... Collect on the way down again.... Now Bot 20k 1.00 ....patience....kokokokok
Larry Trader, it's only good if Gov willing to compensate RM70 million x 20 years to MRCB as a buyout of EDL. If Gov is going to pay annually of RM70 million while MRCB is still owning EDL and need to maintain it and service the SUKUK Loan, that wouldn't be good as RM70 million is not enough to service the SUKUK Loan and also maintenance cost.
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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....
beginner
123 posts
Posted by beginner > 2017-11-03 08:57 | Report Abuse
yeah...but why average price not reflect yet