Throughout all these yrs, our govn had compensate MRCB well thus I believe the abolishment term should be favourable too. Here's the link for your reference
GOVT TAKE OVER OF EDL HIGHWAY. MRCB IS MAJORITY OWNED BY EPF MANY EPF MEMBERS N CONTRIBUTORS ARE SHAREHOLDERS OF MRCB AND THEY ARE VALUABLE VOTERS FOR THE GENERAL ELECTION MRCB IS AN IMPORTANT GLC WHICH HAD ALSO DONE A LOT FOR THE GOVT. (EG COMPLETED THE NATIONAL SPORTS COMPLEX (REFURBISHMENT OF BUKIT JALIL SPORTS COMPLEX FOR MORE THE RM1B AND ONLY PAID BY THE GOVT BY LAND. THIS LAND WILL NEVERTHELESSS IS NOW VERY VALUABLE AND WILL BE MONETISED SOON INTO ITS NEXT BUKIT JALIL SENTRAL AND THIS WILL SIGNIFICANTLY BOOST THE VALUATION AMD PROSPECTS OF MRCB)
last year government can bail out drb but this year cannot bail out mrcb. because government is poor manage by bn. a lot of thing going to be cut cut cut. so u know what to do next, BN be end.
Hahaha, only 800 biji transacted and dropped 2 sen, already bungkus? Today is T+3, short term traders going to sell since they are panic and can't hold longer. Come 4pm, more sales could happen if there is no news out yet. That would be golden time to collect more.
Just relax...no stock go up everyday... From RM 1~1.14 a technical fall back to RM1.1 is reasonable, for it would go above 1.3. ....Be reminded MRCB was at 1.8 before RI proposed. Thus 1.8+0.79 /2 =1.29!!!! Today, with the confirmation of EDL abolishment & together with other projects, the value must be higher!!! How high?? you imagine, i say 1.4+ before election should be no problem....when is the election ?? fastest should be march 2018 & cant be later than June 2018. Think hard about it!!!! Buy low Sell High, happy trading guys.
There are still many who dont understand how BN works even after so many years. Anyway, that's y in market, many are making loss when they yet to learn the trades. I, myself made loss in my 20's and it took me 8-10 years to really understand how the market works.
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....
ehtan18
362 posts
Posted by ehtan18 > 2017-12-28 15:29 | Report Abuse
They can stop collection by1/01, n announcements can be later. For sure MRCB don't have much option but to accept whatever outcome from gov decision.