Posted by MoneyUp888 > 2017-11-06 15:33 | Report Abuse

Selling pressure is reduced significantly. It's time to add

Posted by fzank > 2017-11-06 15:35 | Report Abuse

sold some to McCallvin supporters 1.06 ... keep balance while waiting for more BJ-ing from the GrandMaster to push up the price so can sell the balance ....

Posted by ikah > 2017-11-06 15:45 | Report Abuse

what price shld buy....

Posted by karhongkhit > 2017-11-06 15:50 | Report Abuse

today selling power not that strong, can wait awhile

Posted by WM Niaga > 2017-11-06 15:53 | Report Abuse

Bandar Msia......here MRCB come!!!! hehehehe....

Posted by nakamura > 2017-11-06 15:54 | Report Abuse

where is the newsS??/

Posted by WM Niaga > 2017-11-06 15:54 | Report Abuse

sell tomolo....1.20!! hehehe...

Posted by firehawk > 2017-11-06 15:55 | Report Abuse

1.07 :D))

Posted by Raymond Ng > 2017-11-06 15:55 | Report Abuse

WM Niaga why keep say bandar malaysia?

Posted by karhongkhit > 2017-11-06 15:56 | Report Abuse

WM Niaga got insider news?share leh

Posted by MoneyUp888 > 2017-11-06 15:58 | Report Abuse

Why need to wait when it's already undervalue for some times?

Posted by TEEXIAN1840 > 2017-11-06 16:01 | Report Abuse

1.080

Posted by smartly > 2017-11-06 16:02 | Report Abuse

sapu.......9 9

Posted by smartly > 2017-11-06 16:02 | Report Abuse

will go above 1.10.... :)

Posted by FH001 > 2017-11-06 16:08 | Report Abuse

Bandar Malaysia is coming next. book ur seat fast.

Posted by mancingbursa > 2017-11-06 16:08 | Report Abuse

So can buy or not to buy??

Posted by karhongkhit > 2017-11-06 16:10 | Report Abuse

decide urself bro, no one can answer that question

Posted by FH001 > 2017-11-06 16:12 | Report Abuse

yup. ur money, u must manage ur self.

Posted by FH001 > 2017-11-06 16:13 | Report Abuse

hope can maintain 1.07 for today.

Posted by Raymond Ng > 2017-11-06 16:14 | Report Abuse

sudden surge in volume due to below link
http://www.theedgemarkets.com/article/newsbreak-government-buy-back-edl

Posted by AdCool > 2017-11-06 16:35 | Report Abuse

I dont that article has any effects as it is quite neutral on either sides. Could be something we are not aware of.

Posted by sarahdeaton > 2017-11-06 16:44 | Report Abuse

Roger that , eagle 1. Setting up defensive position with pop corn on the side. Over. Kerssh kerssh .

Posted by AdCool > 2017-11-06 16:51 | Report Abuse

The Q volume at 1.05 is massive! GE14 coming?

Posted by calvintaneng > 2017-11-06 16:55 | Report Abuse

CONGRATULATIONS TO ALL WHO BOUGHT BELOW RM1.11

YOU GOT

VISION OF EAGLE
HEART OF STEEL
AND HANDS OF IRON

HOLD TIGHT TILL WE MEET AT THE TOP!!

TARGET PRICE IS RM1.80

HIP HIP HOORAY!!!

Posted by MoneyUp888 > 2017-11-06 16:58 | Report Abuse

Not even pass 1.10 yet you shout for what

Posted by chanph > 2017-11-06 17:03 | Report Abuse

Overjoyed =D

Posted by mm310 > 2017-11-06 17:11 | Report Abuse

still no analysts stand up and give target prices yet

Posted by Geo123 > 2017-11-06 17:41 | Report Abuse

@Adcool, you mean a lot of buying Q at 1.05?

Posted by karhongkhit > 2017-11-06 17:46 | Report Abuse

he mean got 4.6mil of wall at 1.05

Posted by Geo123 > 2017-11-06 17:53 | Report Abuse

ic

Posted by Geo123 > 2017-11-06 18:00 | Report Abuse

but it cross 1.05, LP is 1.07 hopefully tomorrow will rise further

Posted by calvintaneng > 2017-11-06 18:54 | Report Abuse

many good news

insiders. tabung haji took up all RI shares
MRCB won rm148.5 millions lrt awards
more on the way.

MRCB UPSIDE CONFIRMED IN SOLID PROGRESS

MORE GOOD NEWS UNFOLDING AND UNFOLDING

YAHOOO!

Posted by Patron > 2017-11-06 19:09 | Report Abuse

die liao. terbalik king is here.

Posted by karhongkhit > 2017-11-06 19:09 | Report Abuse

Calvin is the lrt award confirmed?

Posted by Raymond Ng > 2017-11-06 19:16 | Report Abuse

refer to this previous
https://www.thestar.com.my/business/business-news/2017/11/06/mrt-corp---all-elevated-station-contracts-for-ssp-line-awarded/

Posted by karhongkhit > 2017-11-06 19:18 | Report Abuse

Cimb and rhb acquired mrcb share at 3rd nov too!! Lai liao

Posted by calvintaneng > 2017-11-06 19:47 | Report Abuse

LRT 3 AWARD FOR MRCB IS RM145.8 MILLIONS

Posted by mancingbursa > 2017-11-06 22:11 | Report Abuse

Compensation for EDL to be NPV neutral
Our Reporter an hour ago
PETALING JAYA: The compensation for the abolishment of toll collection on the Eastern Dispersal Link (EDL) will have a neutral impact on Malaysian Resources Corp Bhd’s (MRCB) net present value (NPV) and may even reignite divestment plans for EDL.

“We believe the impact on MRCB will at the very least be NPV neutral, given the need to uphold the sanctity of the existing EDL concession. In fact, this may reignite MRCB’s divestment plans for EDL, in our view,” said KAF Research in its report.

The EDL concession (net of debt) contributes about 1 sen or less than 1% of group net asset value (NAV). KAF Research maintained its “buy” recommendation on MRCB with an unchanged target price of RM1.26 (15% discount to NAV).

According to news reports, the government will compensate PLUS Malaysia Bhd and MRCB for the abolishment of toll collection, which was announced under Budget 2018.

The four locations involved in the abolishment are Batu Tiga, Sg. Rasau in Selangor, Bukit Kayu Hitam in Kedah and the EDL. MRCB owns and operates EDL while the rest are under PLUS.

It is understood that the government is looking at RM102 million annually to compensate PLUS for scrapping the Batu Tiga and Sg. Rasau tolls, and RM8 million a year for Bukit Kayu Hitam.

“As for EDL, MRCB would be compensated for the loss of toll revenue once tolling is scrapped from Jan 1, 2018. To recap, the EDL has been a drag on MRCB’s earnings and constitutes about 30% of its total debt as of June 30 per our estimates,” said KAF Research.

The toll charge at EDL is RM6.80 per trip and the EDL concession runs for a period of 34 years.

Prior to the toll abolishment, the average daily traffic for EDL fell 6.6% to 39,264 for year-to-date-April 2017 following an increase in road charges on both sides of the Malaysia-Singapore causeway. Total traffic for 2017 is projected to fall 10%.

“Due to the cash flow mismatch between its toll collection and debt obligations, a July report by RAM Ratings indicated that MRCB has injected RM58 million into EDL for the past two years. On June 21, it pumped in another RM67 million to repay its concession unit’s term loans,” said KAF Research.

Apart from cash compensation, the research house noted that the government had on previous occasions lengthened the concession period of other toll concessionaires in return for stopping scheduled toll hikes.

However, it is unsure how EDL would be restructured, given that it is a one-way toll for motorists entering Singapore through the Customs, Immigration and Quarantine centre at the Malaysia-Singapore causeway from the Pandan Interchange along the North South Expressway in Johor.

Related articles

Source: The Sun Daily

Posted by mancingbursa > 2017-11-06 22:11 | Report Abuse

See good or bad?

Posted by MoneyUp888 > 2017-11-06 22:15 | Report Abuse

Good regardless of EDL

Posted by karhongkhit > 2017-11-06 22:48 | Report Abuse

Regardless what mrcb will receive compensation to cover its lost why not

Posted by Orange88 > 2017-11-06 22:54 | Report Abuse

dont forget its now november and window dressing for govt linked stock will be huge in the election period

Posted by karhongkhit > 2017-11-06 22:58 | Report Abuse

quarter report also coming soon, better hold it since it has higher possibility of good news thn bad one

Posted by TheLegend27 > 2017-11-06 23:11 | Report Abuse

so cheap the LRT 3? rugi lo MRCB this time

calvintaneng LRT 3 AWARD FOR MRCB IS RM145.8 MILLIONS
06/11/2017 19:47

Posted by TheLegend27 > 2017-11-06 23:15 | Report Abuse

by the way MRCB is PDP for LRT 3. that 145m is MRT package.

Posted by calvintaneng > 2017-11-06 23:40 | Report Abuse

VERY GOOD

. KAF Research maintained its “buy” recommendation on MRCB with an unchanged target price of RM1.26 (15% discount to NAV).


CASH RICH KAF RESEARCH STARTS THE BALL ROLLING

WITH A TARGET PRICE FOR MRCB

AT ""(Rm1.26)""

THAT'S WHY CALVIN SAY CHUNCHUN BUY BELOW RM1.11

GO AND SAPU MORE BEFORE OTHER RESEARCH HOUSES GIVE NEW RERATING FOR

MRCB

MASSIVE

RUSHING

CHARGING

BULL!

Posted by Chee Ah Kee > 2017-11-07 01:33 | Report Abuse

Breaking news from klse screener. Gov may buy out EDL from MRCB.

Posted by Orange88 > 2017-11-07 04:39 | Report Abuse

GE 14 Rally starts now !. All stocks have 15% upside, For MRCB will rally past RM 1.4 since it has dropped so miserably this year. RM 1.4 by GE 14.

Posted by calvintaneng > 2017-11-07 07:16 | Report Abuse

THUMBS UP ORANGE88!!

SHOULD BE PHRASED LIKE THIS

"MRCB WILL RALLY PAST RM1.40 TO A HIGH OF RM1.80!!!!

GO GO MASSIVE RUSHING CHARGING BULL!!!

Posted by calvintaneng > 2017-11-07 07:37 | Report Abuse

WWW.MRCB.COM

MRCB - AN IDEA WHOSE TIME HAS COME

MRCB - THE IDEAL STOCK TURNING INTO A

MASSIVE
RUSHING
CHARGING
BULL

WWW.MRCB.COM