For warrants play, just be careful on those issued by Kenanga. They are master in manipulating their warrants and managed to trap a lot of traders and burnt a big hole in their investment. I kena thrice by them and it is confirmed in my case that I will avoid any warrants issued by Kenanga no matter how attractive it looks to be.
Proposed JV and disposal of 70% holding resulting in profit.
Earnings and earnings per share (“EPS”) The Proposed Joint Venture is expected to realise an estimated after-tax gain of approximately RM58 million to the MRCB Group which is expected to improve the Group’s consolidated earnings per share for the financial year.
Next few days, all the analysts will write good stuffs about MRCB and revised the TP to higher price once they are back from their holiday and would be shocked to see that there are many positive and earning in MRCB in just a week holiday. They won't even have enough time to analyze and publish new TP. Wait and see.
still blocking at 1.15 with support building at 1.14. Looks like they still not letting this MRCB bull out of its cage to start its Bullish on Bouncing Back Run! The signals are there already. Just need to wait for the starting horn like in a race.
SamuelLuke, the risk to downside is when EDL terms are not favorable to MRCB. So, you make your own call on whether u think if MRCB going to get a favorable terms, fair terms or unfavorable terms in regards to EDL.
Yup bro adcool should be fine, check the q volume, thts the sign of nuclear reaction. Reactor is heating up, with all the good news and for a GLC like MRCB there is no way For them to get unfavourable term for abolishing EDL. Today or tomoro will touch 1.2+ then ....1.3
no matter what is the outcome, sure will reduce its 30% total debt., plus cash compensation being paid annually and few more gifts, sure will boost up the share price...
Do you know how the whale hunts? They spread bubbles (fear) around schools of sardine forcing them to gather in circle together, just like how yall Q sell at 1.15!! 3 millions block you call it a wall?? The highest traded volume recorded in MRCB is 40mill plus, so let me remind you again buy now! or wait till dont know when!...
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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....
haron89
429 posts
Posted by haron89 > 2017-12-26 17:29 | Report Abuse
C26 will kaboom up tomorrow! :)