Might be Bank Rakyat think 79 sen not safe. Now is temporary gain but future any sure thing?
lifecare 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? 04/11/2017 21:04
Should go up tomorrow... Rights issue is over, projects coming, EDL is not an issue for GLC like MRCB backed by JIB KOr, 70mills yearly compensation for the least promise (to me already earning), in fact they might be able to sell it to PLUS hahaha then it will be a bonus, NOTHING TO LOSE if it goes down to .9, but many to win when it fly to 1.3 above short term!! THose pathetic ppl has miss the chance at RM .995~RM1 ...i would suggest you shut up and come in at RM 1.03~RM1.10 like a man, DONT FIGHT WITH MONEY!
I believe it will go up la bcz its bullish trend for mrcb now. Like u going genting to gamble baccarat, the table show long dragon, but u go fight the money and bet for another way. Not a wise idea. Epf subscription and RI over, most of the ppl ald dispose on friday, operator collecting the share too, find no reason it will go down
Like u say no one will know it will up or down, if down to 0.9 u r lucky that u cn get in cheaper price, but still it will go above rm1 sooner or later. If it dont go up and rm1 is lowest, lucky me
Sifu calvin, i und u bro. When to go into the share is important in share market. For me whn i feel the price is comfortable to go in now due to huge volume of disposal at friday, and rm1 is lowest i will go in. Some ppl just wanna push the luck further. Diff ppl gt diff way of investment. Chill
i read an article, when the market bad and hard to predict, the best way is to pick the right stock and stay in the market as a mid or long term investor. hope for all the best at monday
apollo bro, u weight urself on the factor of mrcb will go up and down. RI over, EPF is main subscriber, EDL toll compensation VS monday might go down (but u cant state the reason). its 3vs1 man. Even go down abit 0.95, i will keep and wait
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.
to me seems neutral. 1. why friday share no go down? because EDL compensation countered it, but then please remember that the compensation whether is favourable to mrcb or not. if compensation plan is not favourable to mrcb, then share will drop. 2. why RI come in this timing? coincidence? if this is not coincidence, this could be mrcb know the budget 2018 will include the abolish EDL toll. so MRCB use this opportunity to increase his cash through this RI while not affecting the share price. so question is this increase of cash is favourable to who we dunno, only mrcb insider that have the certainty or confidence on EDL compensation or BM thing know the direction of this share price. At the mean time we public just speculating only. could be their victim also.
2. JOHOREANS WILL SAVE RM400 to RM600 monthly. This saving will translate into higher disposable income. Thus benefiting Real Estate purchase or rental in JB.
3. More Singaporeans will visit Jb for shopping and food.
Which companies will benefit?
Real Estate Companies like Bj Assets, UEMS, Daiman, Plenitude, KSL and others.
enough la. today is sunday. mrcb or abcd.....tomorrow price go up good for us. tomorrow price go down..buy some more. as easy as ABC. who playing mario kart?
DRB POWERED UP FROM 92 SEN TO RM1.86 UP MORE THAN 100% DRB C30 POWERED UP FROM 12 SEN TO 36 SEN FOR A NICE 200% GAIN. CALVIN AND BUDDIES STILL HOLDING DRB C30
NOW IS THE TIME TO BUY INTO AN UPTRENDING STOCK LIKE MRCB
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....
calvintaneng
55,238 posts
Posted by calvintaneng > 2017-11-05 12:03 | Report Abuse
Don't quarrel please. Penang people all nice people. Penang hokkien the best. Sounds like a singing dialect.