MRCB is going to be d biggest beneficiary from increase in JB custom entrance fee and construction of MRT Line 2..EDL directly link to JB custom...the increase of toll fee likely to benefit more MRCB...either by way of higher compensation from govt or allowing MRCB to begin toll collection...Decision on toll collection very soon will be made...On MRT line 2...detail announc should be b4 yr end...no matter what, one thing for sure line 2 begin from Kwasa Land Sg Buloh...which MRCB oledi secure the MX1 proj there..BOth Line 1 and Line 2 connection point r there..so how this proj not going to benefit MRCB?....the land value will certainty jump as well
MRCB is under value. MX1 project and winning law suit against PKNS failed to excite its price, this time buying 100% of Penang Sentral should give it another chance I hope....Selamat Hari Raya and pls give loyal investors some green pao.
Big shark still collecting and same goes to LTH, short term it will remain around 1.70-1.90, but definitely the share price will reflect its value sooner or later.
Just a reminder, retailers should buy MRCB-wa instead of MRCB mother share, the logic is that if MRCB rises to RM 3.0 as expected by lloydlim, then MRCB-wa will trade at the region of RM .80 to RM 1.0 depends on WHEN MRCB mother share rises to RM 3.0, buying at Rm 1.75 now, when it rises to RM 3.0 the gain is (1.25/1.75) x 100 =71.4 %, where as MRCB-wa rises to say RM .80, the gain is (52/28) x 100=185.7 %, see the different ?
KUALA LUMPUR: Shares of Malaysian Resources Corporation Bhd (MRCB) fell to a low of RM1.72 on news that the government was unlikely to take over the RM1.4bil Eastern Dispersal Link (EDL) in Johor.
At 10.53am, MRCB was down three sen to RM1.73. There were 353,300 shares done at prices ranging from RM1.72 to RM1.76.
The FBM KLCI fell 1.51 points to 1,876.83. Turnover was 921.32 million shares valued at RM516.21mil. There were 294 gainers, 343 losers and 314 counters unchanged.
The Star reported on Thursday a two-year study concluded that there will be no economic benefit or advantage to the Government if it took over the EDL.
The report stated sources said the Government had been compensating the EDL concessionaire about RM11mil per month for the past two years.
According to the sources, the concessionaire spends an estimated RM12mil each month on operations and maintenance of the highway, which includes repair works, landscaping and utilities.
One user in Fb complainnhave to pay 0.68 per km for EDL. If EDL really start toll collection then MRCB going to be very fat...Traffic per day for EDL approx 200k at the moment..Assuming 50% traffic still using EDL that translate 244.8m per yr....which double the amount of compensation MRCB gets from Govt. Understand that the toll collection is from both way, that mean to say 244.8m is rather conservative.
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....
einvest88
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Posted by einvest88 > 2014-07-27 12:55 | Report Abuse
MRCB is going to be d biggest beneficiary from increase in JB custom entrance fee and construction of MRT Line 2..EDL directly link to JB custom...the increase of toll fee likely to benefit more MRCB...either by way of higher compensation from govt or allowing MRCB to begin toll collection...Decision on toll collection very soon will be made...On MRT line 2...detail announc should be b4 yr end...no matter what, one thing for sure line 2 begin from Kwasa Land Sg Buloh...which MRCB oledi secure the MX1 proj there..BOth Line 1 and Line 2 connection point r there..so how this proj not going to benefit MRCB?....the land value will certainty jump as well