still yet to break 1.28 and 1.29. Once the psychological level of 1.30 is broken, then can easily fly high to 1.50. RHB research and EDL disposal announcement have to be disclosed before this could happen. Mana itu announcement!!!!!!
Best is today is T+3 from Tuesday and the price maintain at RM1.26. Volume is no less than 20 millions. Slow and steady climb to RM1.60 by end this month.
Tabung Haji made me even more confident to hold on to MRCB for the breakout. In share market, we only can give our opinions and views. IB can give their analysis. At the end of day, you are the one to decide and take actions whether to buy, sell or hold.
TABUNG HAJI INSIDERS KNEW THAT TABUNG HAJI PROPERTY WILL BE BUYING LANDS FROM MRCB IN SETAPAK(WHICH IS GOOD FOR DRB AND OTHER NEWS THEY WERE PRIVY TO).
SO THEY SOLD DOWN MRCB SHARES. THE SELL DOWN CREATES CONFUSION AND PANIC AND SOME LET GO IN FEAR.
SO THAJI INSIDERS BOUGHT UP MRCB SHARES ON THE CHEAP SLYLY WITH PERSONAL MONEY.
NOW THAT THEY HAVE LOADED UP THEY USE THAJI FUND TO BUY UP MRCB SHARES. THIS FRONT RUNNING MODUS OPERANDI SHOWS THEY KNOW MRCB WILL BE GOING UP.
QUESTION NOW IS?
WILL THAJI CONTINUE BUYING AND BUYING MRCB SHARES IN COMING DAYS.
SO HOLD TIGHT.
THIS BOOSTER HAS ONLY JUST STARTED. BUT A GOOD SIGN INDEED.
COMING UP NEXT:
LATEST FOCUS MAGAZINE POINTS OUT THAT MRCB-GOERGE KENT PDP FOR LRT RM9 BILLIONS WILL GENERATE EVEN HIGHER PROFITS DUE TO ESCALATING COST OF STEEL PRICES AND OTHER CONSTRUCTION COSTS.
SO A FEW MORE HUNDRED MILLIONS PROFIT ARE POURING INTO MRCB COFFERS!!
52weeks high 1.8 + .79 ri / 2 =1.295, 52weeks low .8+.79= .83----- This is the simplest logic thinking method I use to invest in this counter. However considering the project awarded After ri issue and the upcoming EDL, BM ...etc. Considering the risk and possible profit margin growth during the election phenomena, 30% allocation of my fund in this counter is my max. Simply sharing my thinking method hope it helps. I believe nanyang's TP 1.51 is pretty accurate to be reached in 3months time unless formal positive announcement could be made earlier exp EDL, BM project etc.
when 88cts datuk calvin why u didn't say oversold? hehe.....many directors also like that when they bought at high and prices down they diam diam,when up call people to chase.....datuk calvin please don't follow the crooks
i was busy making monies in Drb-hicom (C30 up from 12 sen to 26 sen - 200% profit) .so i missed MRCB it at 88 sen.
but i called for a buy at 92 sen for MRCB!!!
So it's ok
I bought MRCB at Rm1.39. I bought more at 92 sen
So since DRB is so high over Rm2.40 I didn't tell people to chase high flying DRB. Now is the time for Calvin and buddies to load up on MRCB still below my first entry price at Rm1.39.
Very Happy & Relaxed weekend with my spirits buoyed by accelerating uptrend in MRCB share prices. And with the many good news and catalysts unfolding in the next few weeks I am confident that MRCB will continue to charge ahead n upwards in 2018. Fatt Faat Faat !!! Will do a write up on MRCB' huge upside potential based its multiple valuable landbanks surrounding all its TODs. My article will be related to a bullish report on properties located near Transportation Hubs. Have a good weekend
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....
PenguinDad
1,729 posts
Posted by PenguinDad > 2018-01-05 14:04 | Report Abuse
MRCB-WB is suppress from go above 0.45 even MRCB is now, 1.28.