Posted by SamuelLuke > 2017-12-22 10:52 | Report Abuse

Calvin is here!, and thts show funds are coming! Next wave is on the way, look at the activity, 1.09 is well absord even when there is a huge block at 1.1 and it will be breached! Just like how it did at 1.07! Give it another week will up to 1.2--- then kaboom rm 2. So buy some at 1.09, Q more at 1.08!! Take it or wait till don't know when....

Posted by YouBuyIBuy > 2017-12-22 11:22 | Report Abuse

Calvin is so happy to collect more now on weakness !!

Posted by sasword > 2017-12-22 11:47 | Report Abuse

Dare dare all in, dare dare die up

Posted by SamuelLuke > 2017-12-22 11:58 | Report Abuse

Got matches more at 1.08---- Cheong ah volume is picking up and the wave will wait nobody!!!!

Posted by SamuelLuke > 2017-12-22 12:20 | Report Abuse

https://www.thestar.com.my/business/business-news/2017/12/22/tsr-to-partner-kwasa-land-in-sg-buloh-job/, afternoon after lunch sure got show!

Posted by sarahdeaton > 2017-12-22 12:22 | Report Abuse

Wat show? X-files? Hbo?

Posted by SamuelLuke > 2017-12-22 12:46 | Report Abuse

I was sharing some old but not too old news to remind my buddy MRCB will fly bro adcool.

Malaysian Resources Corp
image: https://cdn.thestar.com.my/Themes/img/chart.png

Bhd (MRCB) is the project delivery partner (PDP) to develop the main infrastructure for the Kwasa Damansara township.

It was reported earlier that MRCB would be paid a provisional fee of RM112.28mil.

MRCB will earn a PDP fee based on 5% of the development cost estimated at RM2.2bil, plus goods and services tax and reimbursable expenses.


Read more at https://www.thestar.com.my/business/business-news/2017/12/22/tsr-to-partner-kwasa-land-in-sg-buloh-job/#kwCTbuoOsiJ7kUfW.99

Posted by money_lai > 2017-12-22 13:36 | Report Abuse

National Geography show

Posted by AdCool > 2017-12-22 14:10 | Report Abuse

Yeah SamuelLuke, the 112.28 million fee has already been factored in. Hence, there is no additional income/revenue from this project. We should forward to EDL, BM and HSR now. Those are the surprises in store.

Posted by Kenneth Goh > 2017-12-22 16:09 | Report Abuse

wb can drop mah?zzzz

Posted by Annetan > 2017-12-22 17:27 | Report Abuse

I don't think so lah.good chance will move next week

Posted by bizzybone > 2017-12-22 19:27 | Report Abuse

OTHERS TERMINATION OF THE CONCESSION FOR EASTERN DISPERSAL LINK ("EDL") HIGHWAY
MALAYSIAN RESOURCES CORPORATION BERHAD

Type Announcement
Subject OTHERS
Description TERMINATION OF THE CONCESSION FOR EASTERN DISPERSAL LINK ("EDL") HIGHWAY
We refer to our announcement dated 27 October 2017 in relation to the above matter.

We have today received a letter dated 22 December 2017 from the Ministry of Works, on behalf of the Government, inviting us to commence negotiation on the terms of the mutual termination agreement of the concession for the EDL highway.

MRCB will make the necessary announcement once the terms of the mutual termination have been finalised.

Posted by calvintaneng > 2017-12-22 19:52 | Report Abuse

VERY GOOD!!
LAST ROUND GOVT PUSHED DRB BY HELPING PROTON.
NOW IS MRCB'S TURN!!

CONGRATULATIONS TO ALL SMART HANDS AND SMART FUNDS WHO TOOK POSITION TODAY!!

Posted by Larrytrader > 2017-12-22 22:39 | Report Abuse

Good

Posted by Larrytrader > 2017-12-22 22:39 | Report Abuse

Tomorrow above 1.10

Posted by AdCool > 2017-12-22 23:03 | Report Abuse

Lifecare, with GE14 in 2018, there is no uturn in this anymore. BN government must deliver its promises or else it would look very bad on them especially Najib.

Posted by chanph > 2017-12-22 23:03 | Report Abuse

http://www.theedgemarkets.com/article/govt-invites-mrcb-negotiate-edl-concession-termination-terms

Posted by AdCool > 2017-12-22 23:08 | Report Abuse

Besides, u really think that now only they want to negotiate? When Najib announced it in end October, they have already negotiated and know what s next. It s just to make it proper and official, so came out with all this official invitation and notice of negotiation. It s not about negotiate the price of the fish or vege in market, it s about billions of RM.

They only have a week more before 1st Jan 2018. Even when u buy a house, u also think, survey and calculate for months or even a year. Now it s about a billion deal, do u think they can complete the negotiation in a week and agree on it? Of course they have negotiated way before the announcement by Najib

Posted by chanph > 2017-12-22 23:13 | Report Abuse

Agree

Posted by martinbartesque > 2017-12-22 23:37 | Report Abuse

http://www.klsescreener.com/v2/news/view/322605

KUALA LUMPUR (Dec 22): Malaysian Resources Corp Bhd (MRCB) said it has been invited by the Works Ministry to commence negotiations on terms of the mutual termination agreement for the Eastern Dispersal Link's (EDL) concession.

In a stock exchange filing, MRCB said it would make necessary announcements once terms of the mutual termination has been finalised for the highway in Johor Bahru.

The announcement follows Prime Minister Datuk Seri Najib Razak’s statement in Budget 2018 that toll collection would be abolished at EDL, as well as at the Batu Tiga and Sungai Rasau toll plazas on the Federal Highway in the Klang Valley, and at Bukit Kayu Hitam in Kedah.

Second Finance Minister Datuk Seri Johari Abdul Ghani had later on said the government might instead extend the concession, instead of offering cash compensation.

It would have cost the government RM1.75 billion or RM70 million annually, if the government abolished the EDL toll, Johari reportedly said.

MRCB was awarded the 34-year concession to design, construct, operate and maintain the highway at a cost of RM1.27 billion on June 26, 2007.

The 8.1km highway connects the end of the North-South Expressway at the Pandan Interchange to the new Customs, Immigration and Quarantine complex in Johor Baru.

Previous reports indicate MRCB has been looking to dispose off the EDL, since it does not regard it as its core business, while making up about 36% of its total debt.

In October last year, its chief corporate officer Amarjit Chhina was quoted as saying MRCB was considering options to remove it from its balance sheet, which would see its gearing fall to 0.5 times then.

At that time, two parties had indicated interest to acquire the highway, one of them being PLUS Malaysia Bhd.

MRCB's share price closed unchanged at RM1.08 today, for a market capitalisation of RM4.73 billion.

Posted by ehtan18 > 2017-12-23 07:45 | Report Abuse

Agreed with AdcooI.

Posted by Annetan > 2017-12-23 11:50 | Report Abuse

How to include a photo of the chart that shows the percentage of institution and hot money into mrcb? I just want to share with you all

Posted by Annetan > 2017-12-23 11:53 | Report Abuse

It shows more hot money flowing into mrcb last Friday while institution fund percentage remains the same.however retailers are selling

Posted by YouBuyIBuy > 2017-12-23 12:05 | Report Abuse

Retailer sold and changed to wct on Friday? Tuesday is mrcb turn to up maybe

Posted by mancingbursa > 2017-12-23 14:54 | Report Abuse

:)

Posted by windcloud > 2017-12-23 22:04 | Report Abuse

Tuesday limit up ?

Posted by Mohd Fahmi Bin Jaes > 2017-12-23 22:17 | Report Abuse

No

Posted by janetchiam8 > 2017-12-23 22:42 | Report Abuse

Limit up is always possible on Tuesday. If not Tuesday then will happen soon with so many positive catalysts to be activated over the next few weeks n months. Expect a continous stream of good news n announcements over the term .

Posted by Annetan > 2017-12-24 08:00 | Report Abuse

Limit up? I don't think so lah.the first level is between 1.15 to 1.17
You see from there whether it will again consolidate or further up.i think wb and c26 will give clue to the movement of mother shrs.as whether it will break .415 or consolidating ard .40 cts before it breaks new high.i see wb will eventually breaks new high to ard .50 CTS .

Posted by LohChauHee > 2017-12-24 08:40 |

Post removed.Why?

Posted by Annetan > 2017-12-24 11:38 | Report Abuse

From the chart ,hot money has been slowly increasing from the low whereas institution fund only came in when it gaps up on the Oct announcement.institution fund did sell some when it hits around .965 but then it increased back when it gaped up the second time and had maintained around 20 percentage position since then.however the hot money didn't sell any and had been aggressively increased it's position.

Posted by SamuelLuke > 2017-12-24 12:22 | Report Abuse

Pathetic Lifecare the only negative comment here... You will see how market react to the good news next week.! N feel happy to miss the ride to RM 2 wahahaha

Posted by Annetan > 2017-12-24 12:28 | Report Abuse

Samueluke,one who differs in opinion doesn't mean pathetic.forum is a place to encourage discussions and not promote unilateral thinking which I see as unhealthy.its the angle of his eyes and you don't have to agree with him.i hope we don't use personal attack's on people whose views differs.thank you

Posted by TEEXIAN1840 > 2017-12-24 13:31 | Report Abuse

hopefully can see Tuesday -> 1.110, Wednesday -> 1.130, Thursday -> 1.150, Friday (EDL final announcement after market closed on thursday) :->:->:-> 1.220 (mother) C26 -> 0.205 (~_^)

Posted by Ring > 2017-12-24 14:38 | Report Abuse

......also property is slowing down hence risk is there n Govt all out to develop Bandar Malaysia n who are the takers

Posted by AdCool > 2017-12-24 14:46 | Report Abuse

Sale of EDL for RM1.75 billion, only up to 1.22? You guys should aim much higher. This sale will take off majority of MRCB debts and loan repayment. With the RI completed and the sale of EDL, MRCB would be in net cash position in moving forward. Not to mention other assets that are for disposal as well.

Posted by Ring > 2017-12-24 14:56 | Report Abuse

Yes good inputs

Posted by Ring > 2017-12-24 14:58 | Report Abuse

http://klse.i3investor.com/m/news/243442.jsp

Posted by Mohd Fahmi Bin Jaes > 2017-12-24 20:00 | Report Abuse

http://www.astroawani.com/berita-malaysia/majikan-wajib-bayar-levi-pekerja-asing-bermula-1-januari-163497

Posted by TEEXIAN1840 > 2017-12-24 22:36 | Report Abuse

bayar levi pekerja asing akan menyebabkan pelabur asing cabut lari...

Posted by SamuelLuke > 2017-12-26 08:46 | Report Abuse

EDL is as confirmed abolished as it was proposed by ahjibkor the day on cabinet. Fully abolishment will truly benefit MRCB with real cash! TP 1.3 This week!

Posted by TEEXIAN1840 > 2017-12-26 08:48 | Report Abuse

like that C26 will be < 0.250

Posted by SamuelLuke > 2017-12-26 08:51 | Report Abuse

Buy more C26

Posted by SamuelLuke > 2017-12-26 09:05 | Report Abuse

Now 1.1 faster buy don't talk on the forum don't waste time. That news though is not a formal announcement but invitation to putrajaya for talks of abolishment is almost a comfirmed! You should know how our gov work! 1.3 come!

Posted by TEEXIAN1840 > 2017-12-26 09:13 | Report Abuse

exactly

Posted by haron89 > 2017-12-26 09:35 | Report Abuse

Buy more C26. it will be going up today..watch closely

Posted by lifecare > 2017-12-26 09:39 | Report Abuse

looking at this morning price movement...it will not able to sustain beyond 1.10sen...not worth to chase ....will pull back sooner ...

Posted by YouBuyIBuy > 2017-12-26 09:50 | Report Abuse

C26 darling warrant in making.

Posted by money_lai > 2017-12-26 10:04 | Report Abuse

even open gap up, it stil selling down, wat a stock....

Posted by kcwong > 2017-12-26 10:30 | Report Abuse

ya, funny movement...but still stable in the range....let's see afternoon.