yowtp, u wan try u luck ah? here no 1 can 100% guarantee mrcb will up high high. This count has it potential. if it anak can survive enough longer, it can be consider. For me, all wa or long syer has it risk, beware whn play with it.
not GE... is greece crisis. Whole world is shaking. Entire EU countries share market drop > 2%... No play play if Greece really leave the euro zone, it may declare bankrucy.
Dont think so. US crisis in 2008 also causing KLCI drop from 1.5k to 800 points. If Greece move out eurozone, other countries like france, italy, Spain may follow its steps. Chain effect is entire Eu economy will be dragged down where impact not lighter than US crisis.
Btw, if klci vapour half of the capitalizatin will become very lucrative again, but how long we can wait if the price can go back to our buy price? Or now hold and wait until crisis really occur to buy in dirt cheap price?
Tuesday 22 May, MRCB's First Quarter report will be announced. Hope it will be good and serve as one of the catalysts to move it up again... and stay up. Over the past few weeks, whenever it goes up a bit, many would already sell.
Yes, it would probably be lower than the previous. Especially when MRCB can't collect the toll at the EDL yet and having to pay interest costs for building it. The lack of news impetus is what that has been bringing it down over the past couple of months, mostly, besides worries of the General Election. If there is news about the EDL and the Sg. Buloh land, investors will be interested again.
MRCB is the type of share that is news-driven. If one were to base selections on fundamentals, there are many other better companies. Its dividends, for instance, are nothing to shout about. And its PE ratio isn't exactly low enough to be compelling (In my opinion, Mudajaya is much, much better).
However, if one is more keen on price appreciation, it should be considered. It is also perceived to be politically-connected, so it tends to have advantages here. Knowing how investors/speculators tend to react upon hearing news of "x project awarded to y...", i.e. jumping in to buy and moving the price up, MRCB is a good play. For me, it's a short-term counter -- go in, wait for it to go x%, and get out immediately (but sometimes you'll have to wait a bit; like now).
Buying MRCB is also a bet that Umno/BN will do better than it did in 2008. It has gone down due to worries about the GE. BUT when things settle down (and provided BN does perform better), this is one counter that you can ride out for good capital gains. Especially when buying at the price it is at now.
Not really, Jack. I'd say this qualifies as "calculated risk":-) The gambling is when one jumps in just because one counter's volume suddenly becomes high, without caring/knowing about things like PE ratio and dividends. Or even what business the company is doing!
Are there any positive news about it today? Was anything mentioned about the EDL project or Sg. Buloh land? There's a possibility something is going to be announced next week and we are seeing some insider trading - of friends and relatives buying ahead and attracting others' attention.
For the first time in WEEKS, it finished strongly. Previously, it might go up a few sen... and then come down immediately when many already take profits. Are we seeing a MRCB with new backbone? If so, it's going to be a great company to trade. At its closing price, the counter can still be regarded as `cheap' (compared to its usual price of 2.00 or so).
But we must be cautious. Greece might vote in the pro-bailout parties but its financial problems aren't over. Neither are Spain's etc. Try and take advantage of the positive sentiments but be ready to take profits and run at the sign of danger.
MRCB is doing very well today. I had thought there would be profit-taking today. There was, but the strong support pushed the price further up. By the way, I was at KL Sentral to pick up my son who just arrived from Pasir Mas... was happy to note that this and the surrounding buildings are MRCB's projects, and I have a stake in these too:-) Hope it goes up to 2.00 soon.
GREAT day for MRCB! Did very well over two trading sessions. But I wouldn't be too surprised should there be some correction tomorrow. If it can defend most of the gains, that should set the stage for it to move towards 2.00.
yazid: Yang dknycom maksudkan ialah MRCB telah naik terlalu cepat, terlalu banyak dalam jangkamasa yang teramat singkat. Dari segi peratus, kenaikan agak tinggi. Jadi, berkemungkinan akan ada technical correction... kecuali jika ada sindiket besar yang dok push harga.
Apa-apa pun, kita kena hati-hati. Harap-harap bila correction, tak lah banyak sangat harga turn. MRCB akan naik lebih 2.00 tapi saya rasa tak lah dengan satu kali lonjak atau upswing saja. Harap-harap ada support base kukuh pada 1.80; bila ada akan boleh target 2.00.
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....
yowtp
1,484 posts
Posted by yowtp > 2012-05-08 23:38 | Report Abuse
Any comments for MRCB anak like MRCB-CH!