Posted by SamuelLuke > 2018-08-24 13:32 | Report Abuse

Let’s hope it won’t go back down to .59 shall do....wait for the good news to come...Hope it touch RM1 this month

Posted by Batman007 > 2018-08-24 13:47 | Report Abuse

HSR to continue with reduce cost and negotiating compensation =)

https://www.straitstimes.com/asia/se-asia/malaysia-and-singapore-agree-hsr-to-be-deferred-delay-and-costs-to-be-discussed-source

The timeframe is important, as there are cost implications and compensation will have to be negotiated.

"Everyone is huddling at their own end and senior officials will come together soon, within the next one week," said a source familiar with negotiations on the link which would shorten travel time between the two cities to 90 minutes.

Posted by SHQuah > 2018-08-24 13:51 | Report Abuse

On 3 November 2017, the Company completed its renounceable rights issue of up to 2,853,777,024 new ordinary shares in the Company (“MRCB Shares”) at an issue price of RM0.79 per Rights Share

The price now is cheaper than right issues price.

Posted by SHQuah > 2018-08-24 13:54 | Report Abuse

. PROSPECTS
The Group’s major source of revenue and operating profits come from its Property Development & Investment and Engineering, Construction & Environment divisions.
(i) Property Development & Investment
MRCB is one of Malaysia’s leading urban property developers, with a large portfolio of successful integrated commercial and residential developments anchored around transportation hubs. Through our flagship and award winning Kuala Lumpur Sentral Central Business District project, we pioneered Transit Oriented Development (TOD) in Malaysia.

The Group’s Property Development & Investment division achieved sales of RM101 million in the first quarter of 2018 from its residential developments. These were mainly derived from Sentral Suites, which recorded RM42 million sales, followed by TRIA Phase 1, which forms Parcel B of 9 Seputeh, with RM36 million sales. Of the Group’s residential projects currently in development, 1060 Carnegie in Melbourne, Australia has achieved a take up rate of 72%, while Towers 1 and 3 of Sentral Suites have achieved combined sales of 74%, and Kalista Park Homes 55%. All developments saw more than 50% of their units being sold.

The division will continue to focus its marketing efforts on its residential development projects, namely Sentral Suites in KL Sentral (GDV: RM1,529 million), 1060 Carnegie in Melbourne (GDV: RM305 million) and Kalista Park Homes in Bukit Rahman Putra (GDV: RM101 million), as well as the remaining unsold units in the Sentral Residences, Q Sentral and VIVO in 9 Seputeh, which has historically achieved strong sales. The impending opening of the new link bridge connecting the Old Klang Road with the New Pantai Expressway, which will improve connectivity to the 9 Seputeh development, will help spur further sales within this development.

Revenues and operating profits in the Property Development & Investment division will continue to be progressively recognised in line with construction progress in 2018 from VIVO (9 Seputeh) and the 2 en-bloc office towers sold in PJ Sentral Garden City and Menara MRCB in Putrajaya. FY2018 will also see the launch of two new projects in the third quarter, namely TRIA Phase 2, which forms Parcel B of the 9 Seputeh development and Alstonia Hilltop Homes in Bukit Rahman Putra.
Operating profits from Sentral Suites are not anticipated to commence until late 2018 and will continue until its physical completion in 2021, while TRIA and Alstonia Hilltop Homes should commence contributing in 2019.

In Melbourne, 1060 Carnegie will only contribute to revenue and operating profit upon physical and sales completion, anticipated in 2020.
Overall, the Group had total cumulative unbilled sales in its Property Development & Investment division which are expected to deliver RM1,597 million in revenue to be booked over the development lifespan of its projects,
approximately 80% of which are residential and 20% commercial.

Posted by Oliveoil > 2018-08-24 14:24 | Report Abuse

HSR differed , is this good news or bad news?

Posted by SamuelLuke > 2018-08-24 15:14 | Report Abuse

Walao weh stomachache until.... nabeh what I ate yesterday ah??? Laosai...77 bukima......toilet paper out of stock....

Posted by Chanfang > 2018-08-24 16:05 | Report Abuse

Those believing the prophecy of fortune teller hired by big ass shark now suffer in Holland, very good.

Posted by sarahdeaton > 2018-08-24 16:47 | Report Abuse

Support here and there,i am your only support. Sell all shares now or feel my wrath come monday!!

Posted by SamuelLuke > 2018-08-24 17:09 | Report Abuse

Batman now stomachache also laosai.... left his handphone outside washroom cannot call justice league for help..... haizzzzz

Posted by wantousek > 2018-08-24 17:11 | Report Abuse

80c to 70c region again traders can trade

Posted by Muarmali > 2018-08-24 17:14 | Report Abuse

I like this counter very much. :)))))

Posted by Speed123 > 2018-08-24 17:17 | Report Abuse

next week will come back ..
chill guy today is 14th... happy ghost festival everyone ..
dun lepak so late... majority office in klang valley are haunted

Posted by Speed123 > 2018-08-24 17:19 | Report Abuse

go home earlier Sarah

Posted by Batman007 > 2018-08-24 17:37 | Report Abuse

Relax guys, enjoy your weekend..everyday mao gain 100% how come mehhh..hahaha..=) relax, calm and be cool..mrcb will huat!!

Posted by Uncle_Lim > 2018-08-24 17:55 | Report Abuse

all support koyak

Posted by Uncle_Lim > 2018-08-24 17:55 | Report Abuse

something is brewing =)

Posted by SamuelLuke > 2018-08-24 18:21 | Report Abuse

U better be right bro Batman.... u better be, Happy ghost fest eat more at poh doh...n go home early, MRCB will reach RM1!!!

Posted by kila > 2018-08-24 20:23 | Report Abuse

Please drop to 70 please please i want

Posted by Patricksin Sin > 2018-08-24 21:48 | Report Abuse

Muarmali what’s good price for enter MRCB

Posted by BahaiSim > 2018-08-24 22:49 | Report Abuse

Koko

Posted by PanjiAlam55 > 2018-08-25 00:17 | Report Abuse

at this moment this stock has no more hope,,,everyone now looking each other n ask why haaaaa... the answer...glamour time for MRCB has pass no more MCKK will support by PH, MCKK is very close related with UMNO

Posted by Ahza Adhwa Zulkepli > 2018-08-25 01:40 | Report Abuse

klse.i3investor.com/m/blog/MRCBanalysis/171049.jsp

Hsr delayed folks. Run.

Posted by Speed123 > 2018-08-25 08:10 | Report Abuse

https://www.google.com/amp/s/www.nst.com.my/node/404560/amp.
ECRL not cancel yet !
U turn in a day

Posted by damansaraeagle > 2018-08-25 08:22 | Report Abuse

Good

Posted by PanjiAlam55 > 2018-08-25 08:41 | Report Abuse

once Tun announces its STOP as for now, meaning it has STOP for another 5 year and beyond. Main reasons govt has no extra money, with expensive fair for the public for just 350 km range Sing to KL with cost RM80billion, Tun or Govt felt it's not necessary to build it now... that's what i understand Tun said, so bottom line is HSR, ECLR and Pipeline totally STOP ( project Gajah Putih Najib)

Posted by TEEXIAN1840 > 2018-08-25 09:11 | Report Abuse

ECRL only serves the progress payment seven years from 1st day commence of works (2023). government not need to take out money in between that period of time.

Posted by TEEXIAN1840 > 2018-08-25 09:23 | Report Abuse

government has no extra money for now, why tun mahathir still insist to proceed on his 3rd national car program instead of public transport infrastructures like MRT3, HSR ?

Posted by PanjiAlam55 > 2018-08-25 09:25 | Report Abuse

PH govt dislike ECRL due to hidden debts..

Posted by Ahza Adhwa Zulkepli > 2018-08-25 10:20 | Report Abuse

@PanjiAlam55 what hidden debts? That 30 billion project to his gang not hidden ka?

Posted by mredzuan > 2018-08-25 11:22 | Report Abuse

https://www.nst.com.my/node/404560/amp

Posted by mredzuan > 2018-08-25 11:25 | Report Abuse

Prime Minister Tun Dr Mahathir Mohamad said the ECRL, along with other China projects in Malaysia are not yet scrapped.

He said these projects are still being studied whether to be dropped or deferred.

The study will also include finding other ways to cary out these projects without costing too much money.

Posted by Oliveoil > 2018-08-25 11:30 | Report Abuse

Drop back to 72 cents :)

Posted by ATSK > 2018-08-25 14:06 | Report Abuse

ECRL not cancelled. With this news and if Q2 results are good, sure fly. Stay tune next week guys.

Posted by Oliveoil > 2018-08-25 14:15 | Report Abuse

No ifs @ATSK

Posted by ATSK > 2018-08-25 15:50 | Report Abuse

Oliveoil: Im not god and i dont have insider news. So i cant be sure q2 result is good or not. Unless u have. But anyhow other counter like Gabungan will fly with this ECRL news.

Posted by TEEXIAN1840 > 2018-08-25 16:55 | Report Abuse

tun mahathir, it's easy for you to say NO, YES, NO, YES. uncertainty of your decision on ECRL & HSR has caused share markets up side down, a lot of retrenched workers for ECRL are upset. you better step down and stay at home, play with your grandchildren instead. TUN, lu sudah nyanyiok. fikir fikir kan la...

Posted by joetay7 > 2018-08-25 17:02 | Report Abuse

teexian, u took a wrong bet on mrch.

so just suck it up and stop blaming old horse.

i dont like old horse but if he do something rite, i will not criticize him.

Posted by TEEXIAN1840 > 2018-08-25 17:10 | Report Abuse

joetay7, our beloved najib collapse because of tun mahathir, i face huge losses also because of this pukimahathir.

Posted by Hidup_Anwar > 2018-08-25 17:27 | Report Abuse

Agree. That's why I suggest Anwar be PM asap not wait 2 more years or longer.

Posted by TEEXIAN1840 > Aug 25, 2018 04:55 PM | Report Abuse
tun mahathir, it's easy for you to say NO, YES, NO, YES. uncertainty of your decision on ECRL & HSR has caused share markets up side down, a lot of retrenched workers for ECRL are upset. you better step down and stay at home, play with your grandchildren instead. TUN, lu sudah nyanyiok. fikir fikir kan la...

Posted by Uncle_Lim > 2018-08-25 18:56 | Report Abuse

good la give old horse become PM, can buy low ma. he's already 93y/o, sooner or later confirm gone. that time stock market already rally

Posted by Ahza Adhwa Zulkepli > 2018-08-25 20:12 | Report Abuse

that old horse. did you know if he died on his position right now, it can affect the market greatly . -- '

Posted by joetay7 > 2018-08-25 20:47 | Report Abuse

i dont like proton3, but its not becos of drb like u, flyingkite.

btw, my lawyer still waiting for u to call her.

so r u going to call her and walk the talk????

Posted by TEEXIAN1840 > 2018-08-25 23:10 | Report Abuse

any latest news for MRT2 ?

Posted by SHQuah > 2018-08-26 08:29 | Report Abuse

Monday construction stocks like Gkent & MRCB is going to fly high. All projects continue not cancel. Up up, buy fast.

Posted by Speed123 > 2018-08-26 08:30 | Report Abuse

Hell ya . Even some repeated news like lrt 3 or mrt 2 . Will push up the price easily . Lol

Posted by TEEXIAN1840 > 2018-08-26 09:07 | Report Abuse

tun mahathir cakap yesterday : mau buat ECRL ? boleh ! ambil keluar dulu 55b...

Posted by TEEXIAN1840 > 2018-08-26 09:08 | Report Abuse

tun U turn again ?

Posted by tomtom > 2018-08-26 09:45 | Report Abuse

Old ginger always much more spicy, might be faster running or ZZZZZZZZZ...…………..

Posted by Daily8 > 2018-08-26 10:08 | Report Abuse

Fake news are everywhere. Even publication also report fakes news. Tun already said no more ECRL. BETTER MOVE ON,

Posted by kyzer > 2018-08-26 10:44 | Report Abuse

maybe no hope anymore for MRCB... pray for better counter...