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Last Price

0.605

Today's Change

-0.015 (2.42%)

Day's Change

0.60 - 0.625

Trading Volume

16,516,200


22 people like this.

30,110 comment(s). Last comment by Zikir95 10 hours ago

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.

AdCool

3,861 posts

Posted by AdCool > 2017-12-29 10:50 | Report Abuse

mancingbursa, Agree. That's y I still observing and studying DJI.

kcwong

229 posts

Posted by kcwong > 2017-12-29 11:03 | Report Abuse

drop 2-3 sens ppl comment bungkus and go Holland??? how come leh..haha

heng1990

1,199 posts

Posted by heng1990 > 2017-12-29 11:11 | Report Abuse

Not good news coming soon

AdCool

3,861 posts

Posted by AdCool > 2017-12-29 11:19 | Report Abuse

No block from 1.12 to 1.14. Cant see what s the sell queue at 1.15 so far.

money_lai

270 posts

Posted by money_lai > 2017-12-29 11:24 | Report Abuse

actually i already hold this for almost 1 year, drop den top up abit, slowly accumulate bcoz i juz a poor guy:(

lifecare

228 posts

Posted by lifecare > 2017-12-29 11:25 | Report Abuse

4.0mil selling at 1.15...sorry liao..

SamuelLuke

2,020 posts

Posted by SamuelLuke > 2017-12-29 12:22 | Report Abuse

Get ready to buy more at 1.1 !!!!!

sarahdeaton

1,609 posts

Posted by sarahdeaton > 2017-12-29 12:30 | Report Abuse

4mil selling? Okok...i sell 5mil . Sell all.

Annetan

850 posts

Posted by Annetan > 2017-12-29 13:20 | Report Abuse

Support this time round should be 1.1

SamuelLuke

2,020 posts

Posted by SamuelLuke > 2017-12-29 13:57 | Report Abuse

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

Posted by janetchiam8 > 2017-12-29 14:32 | Report Abuse

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’.

sklim

136 posts

Posted by sklim > 2017-12-29 14:38 | Report Abuse

Mean still can hold ?hahaa

Posted by janetchiam8 > 2017-12-29 14:53 | Report Abuse

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)

TEEXIAN1840

1,052 posts

Posted by TEEXIAN1840 > 2017-12-29 15:12 | Report Abuse

Janetchiam8, greatly thanks for your valuable information.

pretty_life

4,810 posts

Posted by pretty_life > 2017-12-29 15:33 | Report Abuse

I think mrcb is oversold already...maybe going to to rebound soon ...this round maybe can touch 1.28

Posted by Leong Wai Yen > 2017-12-29 15:54 | Report Abuse

Just hold.. Election counter

TA_trader

390 posts

Posted by TA_trader > 2017-12-29 19:49 | Report Abuse

Sibeh sien no news.

mancingbursa

4,268 posts

Posted by mancingbursa > 2017-12-29 20:02 | Report Abuse

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.

TA_trader

390 posts

Posted by TA_trader > 2017-12-29 20:39 | Report Abuse

TA doesnt really apply to local equities. If FX yes, even so, diff tools will be more effective to diff ccy.

Savusavu

164 posts

Posted by Savusavu > 2017-12-29 20:46 | Report Abuse

Ww very merry merry Xmas and happy new year 2018 may all of us profit big in this!!!

Savusavu

164 posts

Posted by Savusavu > 2017-12-29 20:48 | Report Abuse

Right this not Chicago boosa...this Malaysia boosa...no need to etc...just bantam when you think it is cheap sale...

Superb99

6,597 posts

Posted by Superb99 > 2017-12-30 06:54 | Report Abuse

I believe this counter can fly... C21... Small knife cut big tree... Lol

Superb99

6,597 posts

Posted by Superb99 > 2017-12-30 07:20 | Report Abuse

Will break 1.15 and fly, support at 1.1

TEEXIAN1840

1,052 posts

Posted by TEEXIAN1840 > 2017-12-30 08:21 | Report Abuse

'small knife cut big tree' is very meaningful words. really impressed.

Posted by janetchiam8 > 2017-12-30 10:30 | Report Abuse

No more tolls at EDL starting January 1

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.

calvintaneng

55,223 posts

Posted by calvintaneng > 2017-12-30 12:40 | Report Abuse

VERY GOOD!

NO TOLL AT EDL MEANS:

1. GOVT CONFIRMED PAYING COMPENSATION TO MRCB

Mrcb debt will be pared down as sukuk debt will be taken care of. Surplus Cash will roll into Mrcb coffers.

2. MORE SINGAPOREANS WILL GO JB FOR SHOPPING AND DAY TRIPS.
JOHOR WILL SEE MORE INCOMING TOURISM BOOM

3. MALAYSIANS WHO COMMUTE TO SPORE FOR DAILY WORK WILL SAVE RM400 TO RM600 A MONTH

4. THIS WILL FURTHER BOOST THE ECONOMY OF JOHOR.

5. HOUSE RENTAL AND SALE WILL INCREASE IN VALUE AS PURCHASING POWER INCREASES

6. FOR ISKANDAR EXPOSURE LOOK AT THESE TWO STOCKS

i) UEMS HAS VAST LANDBANKS VALUED AT RM5.80 PSF

ii) MPHBCAP HAS 1,800 ACRES LAND VALUED AT LESS THAN ONE RINGGIT PSF

7) SO SCRAPPING OF EDL WILL BENEFIT MRCB,(this is a must have Ge Election stock), UEMS AND MPHBCAP.

Patron

1,163 posts

Posted by Patron > 2017-12-30 14:06 | Report Abuse

ha.. there you go Tan Eng

Posted by martinbartesque > 2017-12-30 15:05 | Report Abuse

If government compensates est. rm70 mil per year as news in newspaper, is it good enough to boost d share price up?

Ladybird88

164 posts

Posted by Ladybird88 > 2017-12-30 15:07 | Report Abuse

Which newspaper today

Posted by datuk_calvin > 2017-12-30 15:49 |

Post removed.Why?

Posted by datuk_calvin > 2017-12-30 15:50 |

Post removed.Why?

Posted by martinbartesque > 2017-12-30 16:10 | Report Abuse

Ladybird88, for your reference. Just doubt whether rm70mil compensation is good enough

http://www.freemalaysiatoday.com/category/nation/2017/11/14/is-govt-bailing-out-mrcb-by-ending-edl-toll-asks-dap/

Posted by janetchiam8 > 2017-12-30 16:25 | Report Abuse

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)

Savusavu

164 posts

Posted by Savusavu > 2017-12-31 00:30 | Report Abuse

Wow thanks datuk calvin ,kbunai is 6 Sen I will send 40footer to collect kahkahkah I mean it damn !!

Posted by martinbartesque > 2017-12-31 11:19 | Report Abuse

http://www.sinchew.com.my/node/1714528

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。

艾芬黄氏强调,所有名下研究的建筑公司有超过3倍的订单值对比营收纪录,这将为建筑公司提供更清晰的盈利。

这包括家盟吉13.4倍、马资源8.6倍、金务大6.2倍、怡保工程4.3倍、WCT控股4.1倍、双威建筑3.6倍。

金务大与马资源合伙竞标隆新高铁的计划履行伙伴(PDP)合约;两者在铁道与火车站的丰富经验,获标机会浓厚。

艾芬黄氏建议“买”进怡保工程和马资源等大资本股。

sarahdeaton

1,609 posts

Posted by sarahdeaton > 2018-01-01 11:01 | Report Abuse

Omg did u all hear about the news from bursa OMG!!! ITS HAPPENING!!!

Proact286

80 posts

Posted by Proact286 > 2018-01-01 12:00 | Report Abuse

what is that Sarah?

AdCool

3,861 posts

Posted by AdCool > 2018-01-01 12:10 | Report Abuse

Sarah ate too much of carrots and cabbage until mong mong Cha already

TEEXIAN1840

1,052 posts

Posted by TEEXIAN1840 > 2018-01-01 13:57 | Report Abuse

Kim jong un perosak ekonomi dunia

TEEXIAN1840

1,052 posts

Posted by TEEXIAN1840 > 2018-01-01 16:27 | Report Abuse

kerajaan najib pemangkin ekonomi negara. yes to najib, yes to bn, yes to mrcb.

Posted by calvi_taneng > 2018-01-01 16:34 | Report Abuse

2014: calvintaneng said:

BUY as much KBUNAI (at 7.5 sen) as possible.
if revalued RM 1.50 per share.

Posted by calvi_taneng > 2018-01-01 16:35 | Report Abuse

also,
buy as much BJCORP (@ 60+ sen) as possible
revalued will be RM 5 per share

also, 2015
buy as much JTIASA as possible @ RM 1.72,
target RM 2.88
CPO will be RM 6000

Posted by calvi_taneng > 2018-01-01 16:36 | Report Abuse

i thought he did not said, buy as much ATTA-LA @ 6 sen as possible that time 2014/2015

Posted by calvi_taneng > 2018-01-01 16:55 | Report Abuse

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)

Lee Kohl

189 posts

Posted by Lee Kohl > 2018-01-01 20:06 | Report Abuse

Happy new year 2018 guys! What happens to this share price? I thought edl already free toll?

Lee Kohl

189 posts

Posted by Lee Kohl > 2018-01-01 20:08 | Report Abuse

Ohhh no the rocket boy again....halehujah good good...hopefully can get cheap price later...

Posted by John Lu 《HENGYUAN upgrade to SIA LANG》 TP RM30 > 2018-01-01 21:46 | Report Abuse

Tun Calvin Tan Eng...why u rank bottom 10 with -2.5% in 2017 stock pick?

calvintaneng

55,223 posts

Posted by calvintaneng > 2018-01-01 21:48 | Report Abuse

More Additional Good News on the way

MENARA CELCOM by MRCB completing soon anytime now!! End 2017 or early 2018

Another whopping Rm640 Millions Asset disposal after having sold Menara Shell to MQ Reit

So another CASH INFUSION Of Rm640 Millions on the way soon after EDL, Kwasa Damansara & PDP for HSR & sale of setapak lands to Thp.

See

https://www.malaysiaglobalbusinessforum.com/post/article/rhb-research-...

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!

And let's calculate

No. 1 to 5 already garnered

Rm7 Billions CASH

If nos. 6, 7 & 8 are cashed out

there will be another

640 mil + 180 mil + 380 mil

= Rm1.2 Billions ( Menara Celcom, Ascott & MQReit)

TOTAL CASH POSITION WILL RISE TO A WHOPPING RM8.2 BILLIONS

Now the BIG BIG QUESTION IS?

WHY MRCB WANTS TO RAISE SO MUCH CASH IN SUCH A SHORT TIME?

RM8.2 BILLIONS? FOR WHAT PURPOSE?

ANSWER COULD BE:

A) TENDER FOR HSR PDP WITH GAMUDA

B) BANDAR MALAYSIA

C) OTHER UNKNOWN FACTORS?

WISHING ALL AT MRCB FORUM A VERY HAPPY & PROSPEROUS NEW YEAR OF 2018


Regards
Calvin Tan

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