Posted by Yazid Gonzales > 2012-04-14 01:17 | Report Abuse

many of bank research above suggest trading buy... be patient..hoho

Posted by Mat Cendana > 2012-04-18 08:41 | Report Abuse

Looks very attractive and I'm itching to buy. Especially after good performance in US and European markets last night, which *should* lift sentiments here. Or maybe I should be patient and wait just *a bit* more... Have to make a decision fast.

Posted by Namoyaki Takarajima > 2012-04-18 09:21 | Report Abuse

Mat Cendana. Study the fundamental steadily. May consider to buy, short-term.

Posted by Mat Cendana > 2012-04-18 10:08 | Report Abuse

It's holding steady at 1.78. The recent slide is likely over although you never know. But whatever, I'd say that the current price is very reasonable and one *should* be able to make some profit in the short term... within one month?

Posted by Namoyaki Takarajima > 2012-04-18 13:40 | Report Abuse

MatCnd, Agreed on yr 1st statement, the impact is from good performance of US & EU. Currently at 1.77, I may say tht this is the very much beginning of an Uptrend of MRCB. Let's see how is it goes at (1) 4:00pm & (2) 4:45pm today. Can you still HOLD on to yr 'itchiness'? (kidding, sorry) (Note: Today is Wednesday) Wht say you?

Posted by Namoyaki Takarajima > 2012-04-18 16:01 | Report Abuse

MatCnd, 1.75@4:00PM

Posted by nubhan > 2012-04-18 16:20 | Report Abuse

1.75 is a relly good price.

Posted by Jake > 2012-04-18 16:56 | Report Abuse

Currently, this counter has no backbone...it can't hold onto any daily price gains at the moment. Despite being controlled by EPF, it is performing like a sick child.

Posted by Namoyaki Takarajima > 2012-04-18 16:59 | Report Abuse

Jake: AGREED! (but must upgrade performing like a sick child to a little bit higher :) )

Posted by Kl Vin > 2012-04-18 17:01 | Report Abuse

UMNO COUNTER ALL DISPOSED BY EPF !!
UEMLAND , MRCB..etc..Maybe they are waiting fo 13th General Elecion !

Posted by nubhan > 2012-04-18 17:32 | Report Abuse

Target 2.70

Posted by lim elayne > 2012-04-19 11:06 | Report Abuse

I ENTER ALREADLY

Posted by E R > 2012-04-19 11:25 | Report Abuse

good choice.. juz follow the sector then u'll be fine

Posted by Mat Cendana > 2012-04-19 13:02 | Report Abuse

Namoyaki: Saved by my wife yesterday. She asked me to refrain and wait a bit more although I had strongly felt it has gone down all the way already. This technical analysis report is looking to be right more and more:
http://klse.i3investor.com/servlets/fdblog/211158.jsp

Posted by Namoyaki Takarajima > 2012-04-19 17:14 | Report Abuse

MatCendana, listen to the wise wife alas; the NexusChart may help to make yr final decisions as well. If there still a doubt, ask yr wise wife again, they have good ESPN,... i mean ESP. he he

Posted by nubhan > 2012-04-19 22:48 | Report Abuse

buy on weakness, sell on rally.

Posted by nubhan > 2012-04-19 22:55 | Report Abuse

lowest mrcb can drop due to GE is 1.56 then 1.36. This price all sapu and buy without thinking lorrr hahahaha

Posted by Mat Cendana > 2012-04-20 00:31 | Report Abuse

Namoyaki: She has now given the okay and I'm going in tomorrow morning (Friday). That's how we operate - I choose the counters while she gets to decide on when. This way, we can blame the other should things go wrong Haha!

But seriously, I hope these assumptions will be correct:
1) It has gone down quite a lot already (although it's always possible the price could go down even further). At the very least, buying at the current price is better than doing the same a month ago.

2) The Star said the lack of any news impetus is the reason why the price has gone down. Conversely, some announcement should see the reverse.... and MRCB might have something to say real soon.

3) The Eastern Dispersal Link (EDL) in Johor - I feel MRCB is more than adequately covered here. They can't start toll collections yet through no fault of their. I'm sure the government will be fair and compensate them for not keeping to its side of the 2008 agreement. And if the government wants to be popular due to the coming elections (by making it toll free), it will have to buy the EDL from MRCB... at a premium. A decision will be made in May at the latest, and this should move the price. Upwards, I hope.

4) RRI Sg Buloh development - EPF hasn't announced who would get what and how much. But it shouldn't be long before it does that. I've heard from a RRI employee that the rubber trees there will be cut soon and the staff are in the midst of moving. Don't know who will get the parcels of land but I'm betting MRCB to be one of the companies.

Posted by Mat Cendana > 2012-04-20 01:12 | Report Abuse

nubhan: That has often proven to be the way some savvy investors with nerves of steel have made money - not 10-15 sen/unit profits but big money of more than a 50% return. It's difficult to do, going against the crowd; of buying when everyone else is gloomy and staying away. It pays to have a list of good companies to follow, keep our gunpowder dry and use it when these opportunities appear.

Posted by Mohd Shuk > 2012-04-20 04:09 | Report Abuse

DownTrend lagi tu... Bahaya!!!

Posted by Mat Cendana > 2012-04-20 09:45 | Report Abuse

Support kat 1.68. Baru ni dah nak start uptrend. Tapi kelmarin EPF kacau daun pergi jual. Dok tengok dulu pagi ni situasi camana.

Posted by Mohd Shuk > 2012-04-20 09:48 | Report Abuse

Bahay tu....haa

Posted by Jake > 2012-04-20 10:57 | Report Abuse

Kalau EPF jual, apa maksudnya? Mungkin kaunter ni tak boleh diharapkan lagi...melainkan KL Sentral, apa lagi mega project yg ada? Sg Buloh pun bukannya MRCB dapat semua...

Posted by mm310 > 2012-04-20 11:06 | Report Abuse

selling pressure maybe due to GE?

Posted by khoob > 2012-04-20 11:23 | Report Abuse

mrcb side trended 24/2 to 26/3 trying to form base but couldnt sustain thus drop further down. its still going down...cannot see end of road yet..just watch lah!

Posted by midas_max > 2012-04-23 10:02 | Report Abuse

today drop a lot. tis the election effect?

Posted by namoyaki > 2012-04-23 10:10 | Report Abuse

MatCendana, must understand the trend 1st; the previous trend.

Posted by Jake > 2012-04-24 17:03 | Report Abuse

I like HwangDBS target price...what a joke these research houses...RM2.00 pun susah, apatah lagi RM2.50+

Posted by Kl Vin > 2012-04-24 17:22 | Report Abuse

Mid term may achieve....

Posted by Mohd Shuk > 2012-04-24 18:29 | Report Abuse

Bahaya takut perangkat je tu. naik 2-3% pastu jatuh! mcm benalec!

Posted by Namoyaki > 2012-04-27 12:16 | Report Abuse

they put that price because they wants to sell at that price.

Posted by Midas_max > 2012-04-27 16:30 | Report Abuse

No easy to reach RM2 for recently. Need wait after election. Now election effect pull down whole market. Be patient to wait.

Posted by Jake > 2012-05-02 00:00 | Report Abuse

Agree with Namoyaki...thats why don't believe research houses. They put out their TP as bait to attract (hook) naive people.

Posted by Mat Cendana > 2012-05-02 15:29 | Report Abuse

MRCB is going up...

Posted by Mohd Shuk > 2012-05-02 15:46 | Report Abuse

Mat cendana: Today many stock (Falling Knive) Rebound! Mudajya, Sunway, DRBHCOM n E&O n many falling knive stock rbound this week! Uemland too!

Posted by kl foong > 2012-05-02 15:48 | Report Abuse

What goes down, will come up.

Posted by Mat Cendana > 2012-05-02 18:32 | Report Abuse

Let's see how it goes tomorrow; whether they can sustain the same interest.

Posted by Mat Cendana > 2012-05-04 12:38 | Report Abuse

Good day for MRCB. Now at 1.74. Let's hope institutional investors don't dump their shares and upset the momentum.

Posted by Ho Lee Man > 2012-05-04 12:44 | Report Abuse

MRCB to hit RM2 by end of May..
New awards of projects to be announce soon

Posted by Mat Cendana > 2012-05-04 13:06 | Report Abuse

Really hope so. I'm going to buy more if it goes down a bit today. The Eastern Dispersal Link in JB - there should be an announcement soon about toll collection. Or whether the government wants to be popular, buy it from MRCB and let it be free. Either way, MRCB won't lose.

Posted by yazid7655 > 2012-05-04 15:51 | Report Abuse

really hope so...to estabhlish back MRCB

Posted by Ho Lee Man > 2012-05-04 20:39 | Report Abuse

Mat Cendana ...Major shareholder of MRCB is EPF and Tabung Haji...Big INSTITUTION here....They do not simply dump shares.
They play up the market high ,before they unload.
Just wait for their signal.
MRCB is going to be hot the next 3 weeks.

Posted by FEI414 > 2012-05-04 21:04 | Report Abuse

BEWARE! It's GLC... uncertainties ahead for political instability...

Posted by dknycom > 2012-05-04 22:24 | Report Abuse

MRCB short term will hit RM 1.90 - RM 2.00 level only.

Posted by Jake > 2012-05-05 01:48 | Report Abuse

EPF has pulled the rug from us many times before...let's hope they dont repeat it...we shud hop on their backs and enjoy the ride instead of going against their tide...

Posted by Jake > 2012-05-05 01:48 | Report Abuse

MRCB shud be closer to RM2 than current price.

Posted by Mat Cendana > 2012-05-07 17:15 | Report Abuse

Aiseh! Today the market got spooked by Europe and the US. Will have to see how these markets perform tonight. Only then will MRCB get the momentum again. Anyway, if the price goes lower tomorrow, I'll see it as a good opportunity to buy.

Posted by Kl Vin > 2012-05-07 17:24 | Report Abuse

I bought MRCB again today... The FV for MRCB should above RM2.00...

Posted by Mat Cendana > 2012-05-07 23:18 | Report Abuse

I didn't do anything today - already have some lots at 1.72. Looking to see how the US and European markets go tonight, plus Hong Kong in the morning. If the 1.68 support holds, which I think it will, might buy more tomorrow. At the same time, am also watching Mudajaya - both it and MRCB came down to attractive levels.

Posted by Jake > 2012-05-08 12:52 | Report Abuse

Many research houses giving TP around RM2.50 or higher! Accumulation phase now perhaps?? Something good is bound to happen soon.