Posted by risenfall > 2017-11-21 13:09 | Report Abuse

qr to be announced today....good luck to all holders.

Posted by faizkl > 2017-11-21 14:25 | Report Abuse

Careful for submarine hunter on dept 0.90. Roger and out.

Posted by Ben Ong > 2017-11-21 15:02 | Report Abuse

block at 0.98. they planning to collect below that

Posted by mancingbursa > 2017-11-21 15:12 | Report Abuse

Malaysia becomes Asia’s worst stock market as election looms
minda2017-11-21 14:35:50
KUALA LUMPUR (Nov 21): Malaysia’s FTSE Bursa Malaysia KLCI Index has turned out to be the worst Asian equity gauge so far this year, with less than 5% growth.

And an undetermined election date isn’t helping.

Even as it received the most foreign inflows this year in Southeast Asia, the nation’s benchmark measure has continued to lag behind all its major regional peers from Hong Kong to India — some of whose gauges have rallied more than 25% this year.

Malaysia is due for a general election by August 2018, but there’s been speculation Prime Minister Najib Razak may call it sooner to capitalize on a feel-good budget and an opposition in disarray.

“There’s some uncertainties weighing down the market, but there are also positive factors like oil, strong exports and the solid economic growth supporting it,” Danny Wong Teck Meng, chief executive officer of Areca Capital Sdn Bhd, said by phone.

Still, with earnings season in full swing, some surprises could provide catalysts for a more positive sentiment, he added.

Source: The Edge Markets

Posted by mancingbursa > 2017-11-21 15:17 | Report Abuse

Mentor Jesse Livermore said buy something than will going up...
As trader or investors must reserve bullet as priority, no bullets no talk.
Calvin tan eng gambling on mrcb stock as b4 said OVERDRAFT to buy move- very prohibited
He break a min investor guide line.

Pls dont follow any dangerous move ! !

Posted by sarahdeaton > 2017-11-21 15:36 | Report Abuse

Rabbit 6 under heavy fire!!! Requesting reinforcements!! ASAP!! OVER!!

Posted by moneycashrich > 2017-11-21 15:55 | Report Abuse

sifu ask us all buy if going down....cannot confirm going up.....once go up in a few years....sifu say I told us...you did not believe. I also know all stocks will go in one to 10 years. All also can be fortune tellers.

Posted by moneycashrich > 2017-11-21 15:57 | Report Abuse

now dropping half dead......I buy at 1.05 and now losing so happily......but must be happy.

Posted by goodluck999 > 2017-11-21 16:33 | Report Abuse

stand by at lower end of 0.90..

Posted by AdCool > 2017-11-21 16:56 | Report Abuse

0.90 is too low. Back to 0.935 is possible until the announcement on the EDL settlement and QR. Bursa overall is bearish due to pulling out of foreign fund

Posted by emdyap > 2017-11-21 17:17 | Report Abuse

QR RM 30m nett profit

Posted by Lee Kohl > 2017-11-21 17:24 | Report Abuse

Alamak, holy smoke cant find anything to mob up...looks like resurface for maintenance....huhusss

Posted by sarahdeaton > 2017-11-21 17:25 | Report Abuse

Profit below expectations of 300 million. Its over.

Posted by YouBuyIBuy > 2017-11-21 17:32 | Report Abuse

so tomorrow gap down ? Calvin sifu, is this result consider good or bad

Posted by AdCool > 2017-11-21 17:37 | Report Abuse

The political turmoil in Germany will cont to hammer Bursa for the next few days. Just sit tight lah. results good or bad also would downtrend.

Posted by yruns1 > 2017-11-21 17:43 | Report Abuse

aiyoyo... those who bought on margin... that's what it means - naked when the tide goes out!

Posted by calvintaneng > 2017-11-21 18:11 | Report Abuse

GOOD EVENING FROM CALVIN IN JURONG WEST, SINGAPORE

RESULT IS OUT!

THESE ARE SOME BRIEF FIGURES

REVENUE HAS INCREASED FROM RM551 MIL to RM1.13 BIL (UP 100%)

PROFIT HAS DECREASED

NAV MAINTAINED AT RM1.36.5 A SHARE


SO CALVIN THINKS MRCB IS DOING FINE FOR THESE REASONS

1) AT 97.5 SEN CLOSING PRICE MRCB IS SELLING AT ALMOST 30% DISCOUNT TO NAV OF RM1.36.5. THIS MEETS THE 30% MARGIN SAFETY REQUIREMENT OF BEN GRAHAM. AND THESE NTA OR REAL ASSETS ARE PRIME FIRST CLASS LANDS AND ASSETS LOCATED IN TOD (TRANSPORT ORIENTED DEVELOPMENTS - PROJECTED WORTH ACCORDING TO LATEST REPORT IS RM44 BILLIONS).

IT'S RM44 BILLIONS ( NOT RM44 MILLIONS IF YOU READ CAREFULLY)



2) MOST OF DEBTS IS FROM EDL (OVER RM1 BILLIONS). AND ANOTHER RM993 MILLIONS DEBT INCURRED TO FINANCE BKT JALIL STADIUM

HEREIN IS THE PROBLEM

EDL RM1 BILLIONS DEBT & BURDEN OF BKT JALIL STADIUM

AND HERE IS THE SOLUTION

EDL TAKEN OVER BY GOVT

GOVT PUMPS CASH IN SPORTS (RM1 BILLLIONS) IN BUDGET SPEECH 2018
GREENTECH (RM5 BILLIONS)
MRT/LRT AND OTHER INFRAR (RM30 BILLIONS)

WITH THE REMOVAL OF EDL DEBT BURDEN PLUS DIRECT AND INDIRECT COMPENSATION FROM GOVT MRCB SHOULD NOW SEE BETTER DAYS AHEAD

To be continued......


http://www.bursamalaysia.com/market/listed-companies/company-announcements/5609089

Posted by calvintaneng > 2017-11-21 18:19 | Report Abuse

And some interting Revelation from this quarter report revealed

6. Debt and equity securities
During the financial quarter under review, there were 247,800 new ordinary shares issued by
the Company for cash by virtue of the exercise of options pursuant to the Company’s
Employees’ Share Option Scheme at exercise prices of RM1.30 and RM1.36 per share as part
of the Company’s long term plan to incentivise and retain employees.


Under point No. 6

247,800 Shares of MRCB were done at between Rm1.30 and Rm1.36

So even after RI of 79 Sen with 20% free warrant

INSIDERS' HOLDING COST IS STILL BELOW TODAY CLOSING PRICE OF 97.5 SEN

AND WHY THE HURRY TO ASK FOR MORE ESOS AY RM1.00?

WHAT IS THE REASON?

INSIDERS KNOW THE IMPENDING HIDDEN NEWS FOR MRCB WHICH WE DON'T KNOW YET?

IF MRCB NO GOOD WHY SHOULD INSIDERS BE SO BULLISH?

To be continued....

Posted by calvintaneng > 2017-11-21 18:25 | Report Abuse

15. Corporate Proposals
(a) On 14 August 2014, the Company entered into a shareholders’ agreement with Kwasa
Land Sdn Bhd and Kwasa Sentral Sdn Bhd (“KSSB”) for the subscription of 700,000
new ordinary shares of RM1.00 each, representing a 70% equity interest in KSSB for a
cash subscription payment of approximately RM816.6 million (“Subscription”). KSSB is
a special purpose vehicle incorporated to undertake the mixed development of 64.07 acres
of land (“MX-1 Land”) identified to be the town centre of the proposed Kwasa
Damansara Township.
The Subscription was approved by the Company’s shareholders at the Extraordinary
General Meeting held on 12 February 2015.
On 8 August 2016, a supplemental shareholders’ agreement was signed to, amongst
others, allow the Parties to mutually agree on a suitable date to be the unconditional date
(which was to be a date falling within six (6) months after the date of fulfilment of the
conditions precedent).
On 11 November 2016, the Company announced that all the conditions precedent as set
out in the shareholders’ agreement and supplemental shareholders’ agreement had been
fulfilled.
On 9 May 2017, a second supplemental shareholders’ agreement was signed to vary
certain terms of the shareholders’ agreement and supplemental shareholders’ agreement.
The balance subscription payment to be paid upon the unconditional date was agreed to
be approximately RM737.9 million as the MX-1 Land size was 64.3 acres pursuant to the
subdivision and the number of ordinary shares to be issued by KSSB remained the same.
In addition, the Parties mutually agreed a suitable date to be the unconditional date which
shall be a date occurring no later than 29 December 2017 or any other date as may be
agreed upon in writing by the Parties.
The Subscription is expected to be completed by the 4th quarter of 2017.


UNDER 15. CORPORATE PROPOSAL

64 ACRES OF KWASA DAMANSARA TOWNSHIP INCURRED RM816 MILLIONS DEBT

THIS IS A GOOD DEBT AS THE PROFITS WILL BE HIGHLY LICRATIVE

AND TO BE OFFICIALLY SINGED NO LATER THAN 29 DECEMBER 2017

TODAY IS NOVEMBER 21ST ONLY LESS THAN 5 WEEKS MORE TO A GOLD MINE


THE GOLD MINE OF KWASA LAND WAS ONCE TOUTED BY A "SUPER INVESTOR" WHEN PROMOTING GADANG LAST TIME. THAT WAS RUMOUR

THE REALITY IS THIS

THE BULK OF THE AWARD GOES TO WWW.MRCB.COM


To be continued.....

Posted by smartly > 2017-11-21 18:55 | Report Abuse

result out. not much different...

Posted by Jon Choivo > 2017-11-21 19:00 | Report Abuse

Proof of the RM50bil in projects?

Posted by calvintaneng > Nov 21, 2017 01:36 AM | Report Abuse

John Choivo,

THE VALUE OF MRCB IS IN ITS BEING A GOVT ENTITY JUST LIKE MYEG.

ALREADY SECURED RM50 BILLIONS IN PROJECTS.

JUST LIKE GADANG AND GKENT - GOVT CONTRACTS ARE RESERVED FOR MRCB AS A PRIORITY.

Posted by calvintaneng > 2017-11-21 19:15 | Report Abuse

RM50 BILLION PROJECTS ALREADY OLD NEWS

See

http://www.mrcb.com.my/

Click on the video and LISTEN VERY VERY CAREFULLY. ALSO SEE VERY VERY CAREFULLY THE RM50 BILLIONS FIGURE FLASHED FOR TOD DEVELOPMENTS

Posted by Superb99 > 2017-11-21 19:58 | Report Abuse

I will average c21 if I still got bullets

Posted by maoyap > 2017-11-21 21:19 | Report Abuse

calvin, you think MRCB can win the HSR project tmr?

Posted by lifecare > 2017-11-21 21:30 | Report Abuse

only open for tender on 22 nov. the results will only be announced in the 2nd quarter of 2018. Gamuda seems to be the front runner..

Posted by apolloang > 2017-11-21 22:18 | Report Abuse

latest news lo mrcb profit down.....drb can down to 92cts why mrcb cannot? in fact if I am not mistaken drb down to 76cts on june 1st 2016

Posted by VFTRADER > 2017-11-21 22:31 | Report Abuse

Dont be rush, big fund will switch their portfolio on 30-Nov and on this day the CI vol can reach 5b.

Posted by MoneyUp888 > 2017-11-21 22:55 | Report Abuse

There is no bad news at all. QR is insignificant (very little difference) . The company has many ongoing and upcoming projects. Everything is on track. How low can it go??

Posted by MoneyUp888 > 2017-11-21 23:02 | Report Abuse

It's just when exactly will these syndicates end the selling. Probably price around right issues time.

Posted by maoyap > 2017-11-21 23:32 | Report Abuse

haiz. should cut loss or average down? calvin ah.. walao u see.. bankrupt liao

Posted by Superb99 > 2017-11-22 00:18 | Report Abuse

To me the result looks oki

Posted by darrenliew > 2017-11-22 08:17 | Report Abuse

Actually latest 3Q results were quite good.
Strong revenue growth of RM1,134M (more than doubled the RM551M of corresponding 3Q of last year).
Current YTD 9MTH net profit of RM77m was in fact better than the previous corresponding 9MTH of RM66M (after excluding its one-off disposal gain of RM44.4M received for last year)
Going forward future results/profits will be very strong especially with the announced Govt takeover of its Eastern Dispersal Link (EDL Toll Concession)for a total of RM2.75B (inclusive of absorbing its RM1B sukuk loan) plus its many Transport Hubs (Transit Oriented Developments (TOD worth RM50B).
MRCB is EPF controlled and a GLC)

Posted by calvintaneng > 2017-11-22 08:29 | Report Abuse

darrenliew is doing a good job

This is a very good overall summary of all the positives in MRCB

ABOVE ALL SEE THE TONE OF THE MRCB MANAGEMENT.. AND THESE LEADERS ARE EXTREMELY BULLISH!

Posted by poseidon80 > 2017-11-22 08:42 | Report Abuse

hai ah..why so amateur lor... define yourself are u a trader or investor.. this stock is good now to collect.. but wait till it reach the lower band.. todays candle how it goes. now u sell to cut loss tomorrow they announnce billion worth project then u will regret lor.. wait laaa.. dont be so quick to run

Posted by lifecare > 2017-11-22 08:59 | Report Abuse

KUALA LUMPUR (Nov 22): Hong Leong IB Research has upgraded Malaysian Resources Corporation Bhd (MRCB) to “Buy” at 97 sen with a higher target price of RM1.18 (from RM1) and said MRCB’s 9M core earnings of RM56 million (+62% y-o-y) were above house expectations but below consensus.

In a note today, it said MRCB’s property sales for 9M were strong at RM1.2 billion, a stark improvement from RM192 million for the entire FY16.

It said construction year-to-date job wins were at RM468 million, bringing orderbook to RM5.3 billion (5.8x cover).

“3Q net gearing stood at 114% but this should reduce to 36% in 4Q following the completion of the rights issue.

“Disposal of EDL, Menara Celcom and Ascott could potentially transform balance sheet to net cash.

“Raise FY17-19 earnings by 21%, 13% and 11% after factoring better construction margin and property sales.

“Upgrade to BUY, SOP based TP raised from RM1.00 to RM1.18. EDL disposal to provide near term catalyst,” it said.

Posted by KentLim > 2017-11-22 09:32 | Report Abuse

Majority of stocks are in "cunning" style behavior. Whatever good news, you all are keep on blowing your own mind.... All the best to you all... This stock is si bek lousy....

Posted by sarahdeaton > 2017-11-22 09:40 | Report Abuse

Bank of your royal highness rabbit, give tp: 1.95

Posted by MoneyUp888 > 2017-11-22 09:47 | Report Abuse

Gogogo MRCB :D

Posted by calvintaneng > 2017-11-22 09:48 | Report Abuse

VERY GOOD!

KAF TARGET PRICE IS RM1.26

HL. IB RESEARCH NOW: RM1.18

JUST LIKE DRB.

ONE BY ONE RESEARCH HOUSES WILL COME OUT WITH NEW TARGET PRICES:

MORE WILL FOLLOW:

1. FULL DISCLOSURE OF EDL TOLL
2. HSR
3. KWASA TOD BY DECEMBER 2017
4. BANDAR MALAYSIA...THE ONE GOLD MINE.
5. OTHER SURPRISES...

WHY INSIDER ARE SO BULLISH?!!!

Posted by ahizra2 > 2017-11-22 10:01 | Report Abuse

Buy WA. No logical way it could go below 4.5sen so the downside is very limited but no limit to upside potential

Posted by faizkl > 2017-11-22 11:10 | Report Abuse

Buy back again today.. if it break 1.01, it might go higher..

Posted by poseidon80 > 2017-11-22 11:13 | Report Abuse

okay rebound detected.. time to enter.. wa, wb, all c warrant

Posted by faizkl > 2017-11-22 11:21 | Report Abuse

c21 has went quite high (16%) for today, aim for c26..

Posted by Investlink > 2017-11-22 11:28 | Report Abuse

Wait & see.. not the right value .. something is not right !!!

Posted by MoneyUp888 > 2017-11-22 11:29 | Report Abuse

Continue waiting because you are left behind

Posted by mancingbursa > 2017-11-22 11:32 | Report Abuse

Hooray..... Calvin was righteousness.....

Posted by mancingbursa > 2017-11-22 11:33 | Report Abuse

Gov no money where come 50bil? Fr india, perhab

Posted by apolloang > 2017-11-22 11:34 | Report Abuse

GST and lend from china lah

Posted by Lee Kohl > 2017-11-22 11:34 | Report Abuse

waiting for another round of correction...standby bullet sell tanah rumah kebun then all in...second correction coming ....over...

Posted by MoneyUp888 > 2017-11-22 11:38 | Report Abuse

Huat together!! GoGoGo