Bro adcool, if you play DJI should not miss VXX s&p 500. Now USd 27. This is the share you buy for safety in case market collapse. Simply sharing, got any better mind not share with me bro
3 near tem catalysts to materialise :- 1) EDL Highway. Disposal to the Govt being finalised. Likely total value at RM2.75B inclusive of off-loading its RM1B Sukuk Loan (thus greatly reducing its gearing and saving a lot of interest cost and increase it profits, raising its free cash flows for higher dividends) 2) Kwasa Sentral at Kwasa Damansara worth RM8B J/v with EPF just signed. As its PDP MRCB will receive RM165M fees. 3) Monetisation of its Bukit Jalil land which will be turned into its next TOD, its Bukit Jalil Sentral. Recall MRCB completed the National Sports Complex (Bukit Jalil Spoirts Coimplex) Refurbishment Contract and was paid in kind (Bukit Jalil lands). This land will soon be commercialised into MRCB’s next TOD, the Bukit Jalil Sentral. EPF will pay MRCB RM1.14B in CASH for 80% of this TOD. This monetisation of its Bukit Jalil land will be a very positive game changer as it will rapidly and greatly strengthen its fundamentals and business prospects when combined with the following :- a) The incoming cash payment RM1.14B from EPF together with its cash pile of RM2.9B from its RI plus its PDP fee of RM165M plus its sale of a stake to T. Haji for RM100M cash (disposal gain RM58M0)plus the impending sales proceeds from its disposals of Menara Celcom, Ascott, etc, will transform MRCB into a valuable company with minimal gearing, significantly more profitable (lower P.E. ), higher NTA, and capable of paying higher/good dividends. b) Macquarie Equities Research had pointed out that based on the above, MRCB’s gearing will be very minimal and in fact achieve a Net Cash position for 4 of its Key Developmnent Projects (Kwasa Sentral, Bukit Jalil Sentral, Cyber Jya Sentral and German Embassy land) Re-posting here is Maquarie’s Research article : ‘ they expect EPF to complete the purchase of an 80% stake in Bukit Jall Sentral for RM1.14bn – which MRCB could utilise to pay off the debt raised for Kwasa Sentral. As such, within six to eight months post rights issue, MRCB’s key development projects, including Kwasa Sentral, Cyberjaya Sentral, German Embassy Land and Bukit Jalil Sentral, will be debt free’.
MRCB WILL BE TURNING ITS BUKIT JALIL LAND (PREVIOUSLY RECD FROM THE GOVT AS PAYMENT FOR ITS NATIONAL SPORTS COMNPLEX REFUBISHMENT CONTRACT) INTO A GOLD MINE BY USING IT AS ITS NEXT TOD (BUKIT JALIL SENTRAL). BY SELLING 80% TO EPF FOR RM1.14B CASH, I THINK MRCB'S FUTURE PROFITS WILL BE UP A LOT (BCOS I RATIONALISE THIS LAND IS NOW COST FREE TO MRCB)
In bursa klse all big shark, big boy ( you named it) fooling all of us around by some old folks use FA or TA. here for predict price movement. There is no logical, no right, no candle, no pattern should be follow. Some method work quite sometime but failed to another chart.
KUALA LUMPUR: Starting Jan 1, motorists will no longer have to pay toll charges at the Johor Bahru Eastern Dispersal Link Expressway (EDL).
The Malaysian Highway Authority (LLM) in a statement yesterday said currently toll collections at the Sultan Iskandar Building toll plaza comprised two divisions, namely PLUS Malaysia Berhad (PLUS) and EDL.
Very important that the EDL disposal will also reduce its borrowings by RM1B. The other good news will include receiving RM1.14B cash from EPF for selling 80% of the upcoming Bukit Jalil Sentral (to be built on its land here which was received from the Govt as payment for the NSC contract. This valuable land IS NOW COST FREE to MRCB. Receiving RM1.14B cash and still owns 20% of this TOD will translate into huge profits for MRCB
MRCB's fundamentals and financials are fast becoming much stronger with high profits, increased NTA, minimal borrowings, stronger cash flows and higher dividend payouts. (Macquarie Equities Research as posted above pointed out that MRCB,s 4 Key Developments Projects will be in net cash positions in a few months time)
2017年迄今,金务大(G A M U D A,5398,主板建筑组)获160亿令吉工程,怡保工程(I J M,3336,主板建筑组)92亿令吉、马资源(M R C B,1651,主板产业组)74亿、双威建筑(SUNCON,5263,主板建筑组)握69亿和WCT控股(WCT,9679,主板建筑组)和家盟吉(GBGAQRS,5226,主板建筑组)撷取29亿令吉工程。
Let's see how's the market react to Kim's statement,, hehehe 2 JAN 2018.... heheheheee.... KBUNAI, BJCORP, MRCB, JTIASA , RWASIT(Buy as much sapu as much below 50 sen,now leh)
And then coming very soon will be the Disposal of Ascott Hotel for another Rm180 millions
Not forgetting that MRCB owns MQReit (27.89%) which is worth over Rm380 millions.
So these are the figures
1) Rm2.9 Billions raised from RI 2) Rm2.7 Billions from EDL settlement of Sukuk loan plus compensdation 3) Rm165 Millions fro Kwasa Damansara PDP 4) Rm100 Millions land sale to THP 5) Rm1.14 Billions from Bkt Jalil land sale to EPF
And on the way
6) Disposal of Menara Celcom for Rm640 Millions 7) Disposal of Ascott Hotel for Rm180 Millions 8) Possible cashing in MQReit for over Rm380 Millions
MRCB also own very very prime TOD Lands in Prime Locations as low as zero.
Lands valued at ZERO COST?
YESSS!
In Kota Kinabalu (refer to Annual Report) MRCB owns 11,000 sq meter of Condo lands in heart of KK.
11,000 sq meter equals 11,000 x 10.764 = 118,404 sq feet of Prime FREEHOLD lands in KK. Book value is an amazing "0" cost?
118,040 sq ft is about 2.7 Acres of Freehold Lands!
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....
mancingbursa
4,268 posts
Posted by mancingbursa > 2017-12-29 10:36 | Report Abuse
Ur hard learning to know klse works was right but if ur method go to oversea or STI or PSE or KOSPI or SET didn't work.