FOMC expected will raise interest rate. They all pulled out first before and back to US prior the announcement. Once announced, will reap the reward and then put back in emerging markets. Always the same trend. Next after that, it would be quiet for 2 weeks cause everyone goes for holiday. Don't expect much movement from MRCB until January 2018.
Near Term Catalyst to boost up MRCB --------------------------------------------------- Impending announcements for the disposal its EDL Toll concession for RM2.75M (inclusive of its SUKUK loan RM1B taken over by the Govt) :- The announced abolition of the various Tolls (including EDL) will be effective 1/1/2018) Hence the EDL disposal will have to be completed before or on this year end
so many ppl here saying will rocket high for the last 1.5 month and some keep saying will go down until 0.95. However, both also been incorrect as the price still hover between 1.04-1.07 for weeks. If it s that simple to predict the price, most of us would become millionaire already.
Many positive catalysts coming into play to boost share price up soon. Especially its disposal of EDL toll concession for rm2.75B which will reduce its gearing significantly. The other announcements will include its j/v with EPF to build KWASA SENTRAL as well as its being appointed the Master Developer for EPF's prime landbank in Sg Buloh (served by MRT n KTM and connected Toll Free to Kota Damansara, Tropicana n to Subang Jaya. etc.)
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....
sarahdeaton
1,609 posts
Posted by sarahdeaton > 2017-12-07 12:44 | Report Abuse
Okok..i call big big whale and gigantic sea turtle come help.