steady. the holding line is RM1. They will push high and then sell down. It will be repetitive for the next few trading days. Just sit tight and relax. If you like it, sell at 1.04 and then buy back at 1.02, provided you have enough holding to make a profit or else you would lose out on the fees and taxes.
the operators are really discipline as they did not make a big gap on highest price and lowest price in a day which would attract speculation and day traders who would distract their controls. Guess they did not want speculation in this counter until the right time for them to release the black horses.
The unfortunate events was at first they planned to hover the price around 1.20 but came DJI crash, hence moved to around 1.10. Next in a month came Trump new tariff and taxes, so now the operator would maintain it at this level. These external factors were beyond their control and plan. They just take advantages of these.
Haha investor AlwAys create the story they believe ... they will say the same thing to convince themself when it drops to 0.2... they will nvr learn a lesson... they think what they believe and keep believe in that cute
Hahaha. When comes to 0.2, I will pay you RM10k to attend a lesson from you Trend since you are so geng. I believe i can earn back RM500k by spending RM10k for you if you are really that accurate. Unless you want to demand rm100k for me to learn from you but that would depends if you would teach me to earn RM5 million.
i dont mind to pay to learn great lesson from those who really have the right knowledge and wisdom. Quality and good stuffs comes with price. Provided really goes down to 0.02 lah. Else I wont learn from you. Easy to say price will go up to 1.10 or come down to 0.9 as just 10% gaps. But 0.2 is like 80% variance. That would be impressive if it really hit your TP of 0.2 within the next 6 months.
Could MRCB price affected by the fact tht general elections will not be so soon? Noticed it’s price goes up whnever there are good news on elections coming
Calvin know nothing... he will keep talking the same thing again and again !
Just imagine lah , if a good news going to announce in a near future will a share price presses until like mother also cannot recognized ? From 1.3 to 1.00 and the selling is still intensity !
So where is sell on news ? Normally operator will let share price to climb before any news come out then they can sell to those who buy on news !
Stop cheating out there calvin. Be responsible to your words. You are cheating so many people ... this is hard earn money . Don't ever invest in MRCB
DJI up 400++ points. Do u think Monday will drop below rm1? It may not go up to rm1.10 but wont drop below rm1. Come after 19th March prepare for the uptrend.
Yes cw27 is with premium 0.393 out of money, but it is still early to call it quits. Sept expiry...many moons to come..got chance ... Patience is the game 0.045*2.5 = 0.1125 + 1.30 = 1.4125 Mrcb today price = 1.02 1.02-1.4125 = is the premium you pay...no money in!!! Hope this clear your doubta
The very clear clarification on formula to be used for its CW23 is much appreciated. Many thanks.
Hope by Sept many of its positive catalysts would have materilalised to boost its price >1.30. Recently 2 Investment Banks reviewed its latest 4Q and Full Year’s results and gave it a fair Value Price Target of 1.31
Read from its quarterly reports its Bukit Jalil Sentral TOD will be officially launched in the 2Q Joint venture agreement already signed with its main shareholder EPF. MRCB received 4 parcels of lands from the Fed Govt as payment for its Refurbishment Contract for the National Sports Complex in Bukit Jalil. As the costs of this contract had already be expensed off/absorbed by its past 2 years accounts these landbanks are now cost-free,
Part of these lands will be injected into special purpose vehicle formed under the MRCB-EPF Bukit Jalil Sentral TOD (70% owned by EPF) and EPF will pay MRCB cash RM1.14B and MRCB still owns 30% of the TOD), This event will be a big catalyst for MRCB.
Coming next will be its planned disposal of its Menara Celcom to Quill-MRCB Reits for RM680M cash
Also the disposal of its EDL Toll Highway to the Fed Govt is a good exit from a non core business. The disposal deal will range from reasonably good to very good (given that MRCB is a GLC which had done a lot of good work for the Govt and significantly owned by EPF (and indirectly by millions of EPF members-contributors/citizens/Voters )
MRCB has multiple catalysts coming on stream over the next 9 months but I am looking forward to the above 3 corporate actions to happen soon.
Its many catalysts as listed down by analysts will translate into robust business and earnings growth in the years to come
The Joint Venture Bukit Jalil TOD for which EPF is going to pay MRCB RM1.14B CASH has very good potential to generate a BIG CAPITAL DISPOSAL GAIN for its coming quarterly results. (bcos its lands to be injected into this TOD is essentially COST FREE.)
Similiarly, its coming disposal of Menara Celcom to Quill-MRCB Reits for RM680m CASH can also yield good capital gains. Such disposal gains will reduce its gearing and creates positive cash flows and increase its profits. There are prospects for a special dividend in future, (now Cum Dividend 1.75 sen)
Recent disposals of assets by DRB RM1.9B was positive to boost its share prices.
Similiarly the above impending asset disposals by MRCB can also boost MRCB’s share price
MRCB's injection of part of its Bukit Jalil lands (which it received from the Fed Govt as consideration for its Refurbishment Contract for the National Sports Complex) into its Bukit Jalil Sentral TOD for which EPF will pay MRCB RM1.14B CASH (for its 70% TOD) can be rightly be regarded as an ASSET DISPOSAL
Okok I tell u all more... since u all are value investor...
Is good to value investor but you have to combine with TA when into investing orelse you are ady in deep shit now if you bought mrcb at 1.3
Why I say will go lover and lover ? All support broken and there isn't any volume come in to support the price which means the operator want it to go lower ! See it and buy it only at 90 sen. Now is still too risky
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....
joetay
3,737 posts
Posted by joetay > 2018-03-09 16:05 | Report Abuse
with clown calvintaneng's record, the minute he calls a buy on a stock, best is to sell it immediately.
his win call rate is only 5%.