You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.63

Today's Change

+0.01 (1.61%)

Day's Change

0.62 - 0.63

Trading Volume

7,553,200


22 people like this.

30,102 comment(s). Last comment by theyoungman 2 days ago

value_invest

1,147 posts

Posted by value_invest > 2018-12-19 23:40 | Report Abuse

In this market condition, CASH IS KING, MRCB receives RM1.07 bil, last month it also received RM1.34 bil, totaling RM2.4bil. This has reducing net gearing to almost zero, interesting saving almost RM150m p.a., thus increase earning. In addition, this has also indicated MRCB's relatioship with new gov is super GOOD. I can see that MRCB will be the STAR stock under this GOV, and has something big PLAN with the GOV moving forward. STRONG ACCUMULATING..

value_invest

1,147 posts

Posted by value_invest > 2018-12-19 23:41 | Report Abuse

This PH gov will not easily GIVE MRCB RM2.4bil in 2 months time.. NEW STAR STOCK ...

Posted by Nicholasming91 > 2018-12-19 23:43 | Report Abuse

Time to all in

SHQuah

5,363 posts

Posted by SHQuah > 2018-12-20 07:44 | Report Abuse

https://www.nst.com.my/business/2018/12/442218/mrcbs-net-gearing-falls-24pct-gdv-triples-rm31b

KUALA LUMPUR: Malaysian Resources Corporation Bhd’s (MRCB) corporate transformation strategy has successfully reduced its net gearing from 172 per cent to 24 per cent, increased its urban land bank four-fold to 114.12 hectares, with gross development value (GDV) increasing almost three-fold to RM31 billion.

During the four-year transformation, MRCB’s external construction order book has also grown exponentially, from only RM2 billion to RM21 billion, ranking currently as the highest in the industry.

SHQuah

5,363 posts

Posted by SHQuah > 2018-12-20 07:46 | Report Abuse

https://www.theedgemarkets.com/article/mrcb-receives-rm107-bil-epf-bukit-jalil-land-disposal

KUALA LUMPUR (Dec 19): Malaysian Resources Corporation Bhd (MRCB) has received RM1.07 billion from the Employees Provident Fund (EPF) for its 80% subscription in Bukit Jalil Sentral Property Sdn Bhd (BJSP), the special purpose joint venture company undertaking the development of Bukit Jalil Sentral.

wantousek

533 posts

Posted by wantousek > 2018-12-20 08:15 | Report Abuse

will still holland...

Veron_teo

1,492 posts

Posted by Veron_teo > 2018-12-20 08:24 | Report Abuse

many sour grapes here that miss the train now talk cork haha

L YC

17 posts

Posted by L YC > 2018-12-20 08:26 | Report Abuse

Holland then buy more keep for long long term. No worry sure will earn back.

beginner

123 posts

Posted by beginner > 2018-12-20 08:52 | Report Abuse

no halt for annoucement this time??

sheep

3,844 posts

Posted by sheep > 2018-12-20 09:33 | Report Abuse

sell on news..wakaka

Plug

3,048 posts

Posted by Plug > 2018-12-20 09:39 | Report Abuse

MRCB coming..

Plug

3,048 posts

Posted by Plug > 2018-12-20 09:40 | Report Abuse

MRCB wont go Holland... EPF is the big shares holder

value_invest

1,147 posts

Posted by value_invest > 2018-12-20 09:42 | Report Abuse

With the RM2.4bil received in 2 months, order book 30bil, the highest in malaysia history... Looking at fundamental and mid term. This stock will be STAR stock under this new Gov...

sarahdeaton

1,609 posts

Posted by sarahdeaton > 2018-12-20 09:43 | Report Abuse

Okok...i buy all.

value_invest

1,147 posts

Posted by value_invest > 2018-12-20 09:44 | Report Abuse

Will accumulate along the ways... MRCB-WB is also a very good bet... low entry, 10 yr, low exercise price...

value_invest

1,147 posts

Posted by value_invest > 2018-12-20 09:46 | Report Abuse

Every NEW gov sure have a STAR stock to stir the market. I am monitoring the market and searching for this star stock since change of GOV,,, I can see this is the STAR stock i m looking for....

value_invest

1,147 posts

Posted by value_invest > 2018-12-20 09:50 | Report Abuse

In this market condition, CASH IS KING, MRCB receives RM2.4bil in 2 months. This indicates MRCB's relatioship with new gov is super GOOD. I can see there are something big PLAN with the GOV moving forward.... PH gov wun easily give away huge money to MRCB...

wantousek

533 posts

Posted by wantousek > 2018-12-20 09:53 | Report Abuse

cash received close to market cap...wowz...

Posted by Eggtart_king > 2018-12-20 10:10 | Report Abuse

Good hike

ANALyst

2,808 posts

Posted by ANALyst > 2018-12-20 10:23 | Report Abuse

sell on news lar hahaha

sarahdeaton

1,609 posts

Posted by sarahdeaton > 2018-12-20 10:34 | Report Abuse

Who want to buy my golden hamster for 2 million? Need money to buy mrcb shares

ANALyst

2,808 posts

Posted by ANALyst > 2018-12-20 10:39 | Report Abuse

wait lower, will sink back to 0.57 once dow drop 1-2k this few days

Posted by toffeemoose > 2018-12-20 10:54 | Report Abuse

thx mrcb....for the duit kopi for the day... :)

sheep

3,844 posts

Posted by sheep > 2018-12-20 11:31 | Report Abuse

How come still green? any special dividend from disposal?

ANALyst

2,808 posts

Posted by ANALyst > 2018-12-20 11:49 | Report Abuse

lol, company heavily debt how to pay dividend.

SHQuah

5,363 posts

Posted by SHQuah > 2018-12-20 11:51 | Report Abuse

https://www.thestar.com.my/business/business-news/2018/12/20/mrcb-shares-rise-6pc-on-rm1-07bil-land-disposal-payment/

The project which measures 76.14 acres, is a mixed development project with a GDV of RM21bil.
The land will be developed over the course of 20 years, ensuring a sustainable pipeline of construction contracts for the group in the long term.

MRCB - 20 years construction contracts.

Posted by armadasaxon > 2018-12-20 11:53 | Report Abuse

last month got 1.3b oso move 74 to 78c.
this month another 1.3b so move oso 59-63c?

Sinoboy

2,131 posts

Posted by Sinoboy > 2018-12-20 11:57 | Report Abuse

Company will survive on contracts. It's the shareholders who will suffer. The price will not appreciate. As it is, gearing has reduced significantly but price continues to drop...

ANALyst

2,808 posts

Posted by ANALyst > 2018-12-20 12:03 | Report Abuse

sink as expect , 0.595 now. expect to close red today once china sink more. tonight dow to sink 500-800, tomorrow will break 0.55 and go to 0.5. long term downtrend, tp 0.3

Veron_teo

1,492 posts

Posted by Veron_teo > 2018-12-20 13:23 | Report Abuse

dow future -250 now. klse will sink like mad later. good luck

Veron_teo

1,492 posts

Posted by Veron_teo > 2018-12-20 13:31 | Report Abuse

obviously a pump and dump.. avoid those bad company

wantousek

533 posts

Posted by wantousek > 2018-12-20 14:56 | Report Abuse

kah kah kah as expected...still in holland

SamuelLuke

2,020 posts

Posted by SamuelLuke > 2018-12-20 17:03 | Report Abuse

Holland road take me home.... through the place I belong.......

Jaya

1,463 posts

Posted by Jaya > 2018-12-21 02:13 | Report Abuse

Veron Teo
This goons need a lesson just come to simply upset the market then run

Jaya

1,463 posts

Posted by Jaya > 2018-12-21 02:18 | Report Abuse

All shorters please beware

Plug

3,048 posts

Posted by Plug > 2018-12-21 09:00 | Report Abuse

US market seems like going to crash..

Posted by Nicholasming91 > 2018-12-21 09:05 | Report Abuse

US crash, Asia reigns . 5G dream is real

wantousek

533 posts

Posted by wantousek > 2018-12-21 09:06 | Report Abuse

yay asia overtake USA.. fuly support 5g..

Posted by Nicholasming91 > 2018-12-21 09:07 | Report Abuse

US crash = weak deal on trade war for them . Many ppl will blame trump kikikiki..

Plug

3,048 posts

Posted by Plug > 2018-12-21 09:15 | Report Abuse

of course it is Trump's (good performance)..

SHQuah

5,363 posts

Posted by SHQuah > 2018-12-21 09:48 | Report Abuse

https://www.thestar.com.my/business/business-news/2018/12/21/mrcb-shares-up-on-rm107bil-land-disposal-payment/

7 research houses recommend 'buy' calls on MRCB shares

value_invest

1,147 posts

Posted by value_invest > 2018-12-21 10:14 | Report Abuse

Very positive moving forwards for MRCB after RM2.4bil in total. Low gearing, interest savings, highest order book of RM20bil.... Accumulating...

value_invest

1,147 posts

Posted by value_invest > 2018-12-21 10:15 | Report Abuse

The selling seem to be over..U can see buying coming in even DJ drop 400pts..

Sinoboy

2,131 posts

Posted by Sinoboy > 2018-12-21 12:31 | Report Abuse

Quah, I say this with respect. You are the most positive here regarding mrcb all this while. Mrcb should give you an award :)

Posted by starfish88 > 2018-12-21 13:30 | Report Abuse

window dressing coming... year end TP 0.80

ANALyst

2,808 posts

Posted by ANALyst > 2018-12-21 14:12 | Report Abuse

lol ... 4 days go 0.8 ???

0.65 also hard.

ANALyst

2,808 posts

Posted by ANALyst > 2018-12-21 14:18 | Report Abuse

sorry, is 0.615 also hard hahahaha

ANALyst

2,808 posts

Posted by ANALyst > 2018-12-21 14:19 | Report Abuse

SHQuah https://www.thestar.com.my/business/business-news/2018/12/21/mrcb-shar...

7 research houses recommend 'buy' calls on MRCB shares
------------------

lol, see my name ... lol

SamuelLuke

2,020 posts

Posted by SamuelLuke > 2018-12-21 19:18 | Report Abuse

After a long trip across Holland road.... it should come back a little or else it will go straight to heaven ... trust me or ask the cross road devil he know so it all ....wahahaha

PenguinDad

1,729 posts

Posted by PenguinDad > 2018-12-21 19:24 | Report Abuse

no project n no hope. start dreaming. ha..

Post a Comment
Market Buzz