Posted by snwong13 > 2018-07-14 10:34 | Report Abuse

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*MRCB: The Sleeping Gold Mine*

Author: Ahza Adhwa Zulkepli | Publish date: Fri, 13 Jul 2018, 05:12 PM

MRCB: The Sleeping Gold Mine

Malaysian Resources Corporation Berhad (MRCB) share price has gained its big pump yesterday after LRT 3 has been confirmed to proceed. The confirmation was made by Malaysian Minister of Finance, Lim Guan Eng. For a record, MRCB and George Kent are project delivery partner (PDP) for the LRT line 3. The companies secured at least 6% of the finalised construction cost.

Yesterday's gains have been corrected by today's drop. MRCB is trading strong at .710 by morning session but broke its cloud support of .700 by afternoon session.

For a record, MRCB has been awarded a contract worth RM 604 million to undertake V210 package of MRT 2. On 18th December 2017, MRT Corp released a video describing the progress of the SSP line from 2016 to 2017 in YouTube. The progress statistics are: 23.68%, 15.43%, 9.05%, 10.32%, 35.31% and 11.51% respectively for packages V201, V202, V203, V210, Serdang Depot and underground. The construction from Persiaran Apec to Putrajaya Sentral, dubbed package V210 has achieved a completion rate of at least 11.51%. On 12th July, MRT Corp SSP Line project director Datuk Amiruddin Ma’aris said the long span viaduct crossover along Jalan Kuala Selangor had already started with 30% completion rate for the whole MRT 2 project.

With this data, MRCB is trading with highly undervalued price assuming the V210 is to be proceed as usual. For a note, MRT 2 corp is looking ways to lower the cost of MRT 2 before the cabinet ministers give an official greenlight.

- End.

Posted by snwong13 > 2018-07-14 11:55 | Report Abuse

https://klse.i3investor.com/m/blog/MRCBanalysis/165258.jsp

Posted by Lee Joo Li > 2018-07-14 13:29 | Report Abuse

mean what?

Posted by TEEXIAN1840 > 2018-07-14 14:24 | Report Abuse

BN_better, i never vote for PH, I'm BN supporter. you can read all my previous posting, i never side PH. tun mahathir & lge caused me lose 3XXk in warrants trading. pukima pinya PH.

Posted by TEEXIAN1840 > 2018-07-14 14:34 | Report Abuse

by the way, PH government will down in coming PRU15, currently malays vote for BN = 40% , PAS = 30%, PH = 30%, if 10% votes from PAS & PH go to BN in coming PRU15, then PH government will lingkup. kompom.

Posted by Notconfused > 2018-07-14 16:27 | Report Abuse

Hope there weren't many who chased high ended up getting burnt.. support broken, downtrend coming

Posted by trulyinvest > 2018-07-14 16:29 | Report Abuse

Confirm got many greedy pigs chased high punya la

Posted by OngMoneyOng > 2018-07-14 17:02 | Report Abuse

This is life ~~. BN greedy fat ass investor lost money. Time for PH supporter yeah

Posted by TEEXIAN1840 > 2018-07-14 17:36 | Report Abuse

eventually PH supporter is the big loser (95% chinese). a lot of projects stopped or reconsidered. most of the projects construction developer, contractor are chinese. genting share drops so much also partly because of cancellation of HSR.

Posted by jltay > 2018-07-14 17:49 | Report Abuse

TEEXIAN1840: This counter will alive soonest. If you have the share , please hold it till end of the year.You think if 1 company will join into the LRT 3 liner project without basic portfolio , the company's share will corrupt till RM 0.05 cent. That's mean the MRCB share still have potential. Please keep it.

Posted by TEEXIAN1840 > 2018-07-14 17:56 | Report Abuse

jltay, thanks for your advice.

Posted by ray1980 > 2018-07-14 18:26 | Report Abuse

MRCB better than Gkent because pro on construction sector long time ago! Gkent going this sector short time only.Can not say very pro.If confident can hold it some times.

Posted by martinbartesque > 2018-07-14 21:00 | Report Abuse

http://www.klsescreener.com/v2/news/view/404499

（吉隆坡14日讯）由于轻快铁第三路线的竣工日期展延至2024年，导致盈利入账期延长，该项目工程交付伙伴（PDP）乔治肯特（GKENT，3204，主板建筑股）及马资源（MRCB，1651 ，主板产业股）的3年财测也遭下砍。

此外，财政部也将工程交付伙伴（PDP）合约形式，改成固定收费合约制，详情条款仍在商讨。

丰隆投行研究维持该项目建筑总成本120亿令吉预测，但由于竣工时间已从原有的2020年，推迟至2024年，因此其盈利入账期也被拉长。该投行下砍乔治肯特及马资源的财测。

乔治肯特在2018至2020财年的年度净利预测，分别被削减26.1%、34.3%和37.4%；而马资源在同期的净利预测，也被分别下调7.9%、10.1%和9.2%。

不过，丰隆投行研究维持本周二提出的两家公司目标价，即在分类加总估值法（SOP）估值中，剔除该项目的净现值（NPV），以反映最糟糕的情况。

该投行早前下调乔治肯特目标价35仙，至1.17令吉，同时下修马资源目标价5仙，至63仙。维持两者“守住”投资评级。

而肯纳格投行研究在今天的分析报告中，保留乔治肯特现有财测、2.20令吉目标价和“超越大市”评级，直到最终详情公布。

另外，丰隆投行研究则维持该项目承包商的财测，包括双威建筑（SUNCON，5263，主板建筑股）、WCT控股（WCT，9679，主板建筑股）和IJM（IJM，3336，主板建筑股），直到成本削减详情出炉为止。

IJM隧道工程有变数

财政部为了削减成本，取消了长达2公里的隧道路线，这意味着，IJM在今年3月获得总值11.2亿令吉的隧道工程或有变数。

JF Apex证券指，虽然项目还处在重审阶段，但据当局说法，无论是隧道工程还是转为地面上的工程，IJM将得到相应的补偿。

由此，IJM料持续进行承包工作，只是工作范围可能有变。

该投行预测，若改成地面上的工程，其项目总额可能只有原来的隧道工程总额三分之一。由此，IJM的手持订单总额，将减少至86.3亿令吉。

JF Apex证券维持IJM财测、“买入”评级和2.23令吉目标价。

Posted by OngMoneyOng > 2018-07-14 21:14 | Report Abuse

Hahaha you are so funny lah teexian1840, Those benificial to small numbers of BN ass licker not majority of Chinese population. If you want to share your fancy politic opinion please go to Facebook.

Posted by TEEXIAN1840 > 2018-07-14 21:44 | Report Abuse

OngMoneyOng, ok la, ok la. I'm over reacted because lose to much in share trading. kepala manyiak pusing. sorry ah...

Posted by ray1980 > 2018-07-14 22:53 | Report Abuse

Short term TP 0.60 to 0.70.Many details for projects need some time to come out.

Posted by snwong13 > 2018-07-15 07:00 | Report Abuse

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http://klse.i3investor.com/m/blog/MRCBanalysis/165344.jsp

Posted by snwong13 > 2018-07-15 07:09 | Report Abuse

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Digest ALL news around.
Your choice to move on with MRCB
Good Luck!

Posted by Spyron_09 > 2018-07-15 19:32 | Report Abuse

tomorrow will begin.
mom and son..
i choose son.
lol.
both are too good now to gain profit
good LUCK!

Posted by ohbeeyee > 2018-07-15 19:58 | Report Abuse

mother is almost low-risk sure win, but son is high-risk win or almost sure to lose, only greedy gamblers will choose the glittering lure of high adrenaline son....(expiry in sep 2018 n ex. price 1.68)

Posted by Spyron_09 > 2018-07-15 23:53 | Report Abuse

mother will announce dividen soon.. maybe price will drop.
for mrcb WA,since the price start 0.005,buyer start to buy from thursday and last friday.
no wonder,tomorrow should be some price up.
observed, almost WA expired,once time will stand at bottom,but less 1~2 month before expired, they will start play again..
so,will got lose and winner there.
short gambling for WA for does player to gain more profit

Posted by Ron90 > 2018-07-16 08:29 | Report Abuse

soldy c25 @ 45% profit. its enough for me as my TP for mother only between 90 - 95 this year..

I foind the are only 2 warrant that may give sure untung one, this c25 and Gamuda company warrant which will be expired in 2021. if bought last week...bottom rock price.

the rest, either olready kaput, too expensive or unachieveable ex price. unless you would expect market suddenly become bullish !!

Posted by Spyron_09 > 2018-07-16 08:35 | Report Abuse

@Ron90
lets see how this mom and son perform today as well.
good luck !

Posted by ray1980 > 2018-07-16 09:24 | Report Abuse

T,t,t terms will coming!

Posted by Ron90 > 2018-07-16 09:58 | Report Abuse

my appetite not that big for warrant counter....once i reach my target, chow, ..coz we always trade against the IB, hard game !.

Mother waiting for tt from MOF... if favorable, limit up ler, if not...drop to 68, the most i guess 67.. still ok, if u have collected it at the rock bottom price last week :-) .. so, the upper side much promising than the down side. My take ler.. ..by the way, MRCB can be considered belong to EPF, ..LGE money olso.. and HSR is pending ...that would be the jewel for this stock !.

Posted by sarahdeaton > 2018-07-16 10:18 | Report Abuse

Bad news. 12pm stay tune to bfm.

Posted by Palak Pranay > 2018-07-16 10:52 | Report Abuse

Check this guy's post on MRCB Got TP and Chart good analysis in my opinion worth checking out at least https://klse.i3investor.com/blogs/xxyyzz123/165484.jsp

Posted by sarahdeaton > 2018-07-16 10:56 | Report Abuse

Fake analysis. Only believe in my analysis. Me blood test also can be trusted.

Posted by rex1234 > 2018-07-16 11:17 | Report Abuse

sarahdeaton =i3lurker

Posted by sarahdeaton > 2018-07-16 13:39 | Report Abuse

Sarahdeaton=cuteness reincarnate

Posted by Jebard > 2018-07-16 15:16 | Report Abuse

today is not the day..............looking forward for the day when MRCB open with limit up........

Posted by rex1234 > 2018-07-16 15:43 | Report Abuse

yup look forward

Posted by goodluck999 > 2018-07-16 15:52 | Report Abuse

it seems i need to hold a little bit longer to reach my tp 0.90

Posted by Ahza Adhwa Zulkepli > 2018-07-16 15:56 | Report Abuse

This counter is expected to remain sideways until clearer direction is given by research houses. Stay calm, the price should be hike within a week or 2.

Posted by sitia > 2018-07-16 16:16 | Report Abuse

roadblock at 68?

Posted by derrtan > 2018-07-16 16:40 | Report Abuse

doesnt look good

Posted by Ahza Adhwa Zulkepli > 2018-07-16 17:02 | Report Abuse

sideway value, .670 - .730
breakout for losing confidence.660.
breakout for positive confidence .740.

Posted by SALAM > 2018-07-16 17:33 | Report Abuse

HORRIBLE ENGLISH !!!

Posted by Woody > 2018-07-16 17:37 | Report Abuse

Just simplify.... price range from 66 - 74. LOL

Posted by dick20 > 2018-07-16 18:54 | Report Abuse

Ahza Adhwa Zulkepli, Thanks for your analysis. I think you may be right and this is a counter to go in for the recovery.

Posted by Jebard > 2018-07-16 19:36 | Report Abuse

EPF buy it again !!tmrw gap up ...clap clap clap

Posted by Ahza Adhwa Zulkepli > 2018-07-16 20:19 | Report Abuse

@dick20, Clarity is investor's best friend. But, by the time market has given clearer direction, the prices have already reach its peak. Remember the rule my friend. Deep research may not confirms your profit, but it will reduce your mistake.

Posted by snwong13 > 2018-07-16 20:25 | Report Abuse

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http://www.theedgemarkets.com/article/klspore-hsr-azmin-says-meet-singapore-counterpart-soon

Posted by dick20 > 2018-07-16 21:05 | Report Abuse

Ahza Adhwa Zulkepli, thanks for the wisdom in your comments. All things considered, I think we have a more even chance to turn in a profit if we buy at current levels. Let us monitor and see what happens.

Posted by Kim > 2018-07-16 23:02 | Report Abuse

Buy more today n clap clap tmw.. 75c+++..

Posted by Faith78 > 2018-07-16 23:13 | Report Abuse

wow EPF bought 2,000,000 shares of MRCB

Posted by Faith78 > 2018-07-16 23:13 | Report Abuse

boost it up tmr

Posted by Ron90 > 2018-07-16 23:24 | Report Abuse

That 2 mil was before price move up ler.. i expect the same strategy used again on last Friday and today. Collect before they push it to the next level.

Posted by kasrim > 2018-07-17 09:14 | Report Abuse

i topup more

Posted by sarahdeaton > 2018-07-17 09:36 | Report Abuse

Dun believe them. All lies and drama. Sell now!!! My godzillas coming back from holiday soon.