i wouldn't be that sorchai.i will only wait.patience is the name of the game.everyday bursa open except for weekends and public holidays.i will only buy low.if cannot down i will wait or there are over 1000 stocks to pick from,why be hasty? not that we are going to to die on mon
sometimes in company directors and chairmans also can have diffrent views.tan sri calvin bullish on mrcb,for me i think it still can down.maybe 0.92-1.00 if market sentiment no improve.there is no 100% tan sri calvin, just that wanna try to buy at the lowest if possible to limit the risk
oct 5th only 87cts.....no study how to invest in bursa? simply hear and jump in meh? must studay the fundamentals,know the trading historical price and news before buying
no need to be hasty,if this market sentiment no improve,i am sure u can get anything below 1.00.as for the WB Monday open will up then will fall back,if it is so good yesterday there won't be 110k selling to those queue at 30.5cts
I hv seen many in real life come to the stock market to talk load buy and chasing stocks but many now all gone.....they can only talk load when market is on the uptrend,after that all cannot step foot there.u can see me here even market crash,cos I experience many crashes before
tan sri calvin, bank kerjasama rakyat just announced on 3 nov 2017 ceasing to be the substantial shareholder due to non subscription of its rights shares...means bank kerjasama has no confident with MRCB?
very interesting show on national geographic channel 553 astro mega earthquake.gain more knowledge on these kinda of shows instead of seeing all the soap operas.....hehe
Yes, Due to dilution of RI Bank Rakyat now hold less then 5% shares of MRCB while EPF & Tabung Haji have increased their portions.
It could be due to these factors
1) Bank Rakyat was given 20% pp instead of the usual 10%. And after 10% discount from Open Market Value of Rm1.24 their actual discount cost is Rm1.13
2) Now there was an over subscription by 7.3% for the Rights Issue cum 20% free warrant B. Is it because EPF and Directors wanted more? Since Bank Rakyat already given too much PP shares? That is not disclosed.
And this is their holding cost as of now after RI and 20% free warrant b
Cost by ESOS was Rm1.30
Cost plus RI = 1.30 + 79 sen /2 =
Rm1.04.5 sen
less Free WArrant B 30.5/5 (6.1 sen)
So Rm104.5 - 6.1 sen = 98.4 Sen
Add 5% interest from Bank loan
So 98.4 x 1.05 = Rm1.033
So current price at Rm1.03 is still cheaper than Insiders/Directors ESOS price of Rm1.30
After so long waiting and so much trouble getting RI & free warrant b shares do you think Directors/Insiders of MRCB will now let go below their holding cost?.
So don't bother about what other people trying to time the market.
At Rm1.03 prices is well supported by strong fundamental
1 cts is non logical. 10cts a reality if market crash.WA now also below 10cts.but at present cannot.35cts-38cts can on mon.above 40cts is a bonus on mon.will likely fall back.can hit 50cts if the mother can hit 1.25-1.30 but not likely in short term,long term likely can
tan sri calvin what u post of mrcb can be true but the deals cannot be implemented so fast.it will take time.it is like sendai hit 1.40 and went down to 1.20 many say is cheap but it down till 80cts.nobody know how low a particular stock can go down but I will tell u this MRCB now is neither cheap or expensive.it can go either way.for me to play safe I will wait and see.if up I won't chase due to the market sentiment and elections is near.but if got bargain I will support u
Just came back from supper on a rainy night in Singapore.
Yes Orange88
First target for mother is Rm1.30
Then Rm1.50.
Hopefully it can reach Rm1.80 for year 2018
LONGER TERM SHOULD CROSS RM2.00
FOR WARRANT B IT WILL FOLLOW MOTHER IN TANDEM. HOW HIGH DEPENDS ON THE EXUBERANCE OF MR MARKET. WARRANT MIGHT OVERSHOOT ON THE UPSIDE AND ALSO UNDERPERFORM ON THE DOWNSIDE.
MY FORCAST MIGHT NOT BE EXEACT THOUGH. HOPEFULLY I AM 70% CORRECT.
Flood in Johor confines to small kampung towns like Segamat, Batu Pahat and Kota Tinggi.
No or little flood in Nusajaya, Kota Iskandar, Medini, Tebrau, Skudai, Sri Alam, Kota Masai or Pengerang.
All lands with good drainage and many 4 to 6 lane highways. Little traffic jams.
As for Penang food? Can start a PENANG FOOD WORLD in Iskandar. Get authentic people hawkers to migrate here .Both Johoreans and Singaporeans will sure come.
BUSINESS GUARANTEE TO BOOM AND ALL PENANG HAWKERS SURE VERY KAYA
1. CAN SELL ONE HOUSE IN PENANG AND EXCHANGE FOR 3 SIMILAR ONES IN BOOMING ISKSNDAR
2. WILL DO ROARING BUSINESS SELLING AUTHENTIC HAWKER FOOD IN ISKANDAR.
I know sunway going to develop lee rubber land in paya terubong which is hit by flood last nite.ASPEN launcing BEACON condos near sg pinang the worst flood area in penang. this ASPEN group list in spore to cheat them.
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....
apolloang
18,163 posts
Posted by apolloang > 2017-11-04 17:08 | Report Abuse
i wouldn't be that sorchai.i will only wait.patience is the name of the game.everyday bursa open except for weekends and public holidays.i will only buy low.if cannot down i will wait or there are over 1000 stocks to pick from,why be hasty? not that we are going to to die on mon