Posted by yazid7655 > 2012-07-03 17:25 | Report Abuse

that day will be happen......

Posted by Mat Cendana > 2012-07-13 00:46 | Report Abuse

Looks like it will consolidate. The technical readings don't appear so good; at least not for the shorter term. But that will be a good thing - if it goes down a bit, there will be a stronger foundation for the next upswing.

Posted by gnomes > 2012-07-25 23:17 | Report Abuse

brother chong please give the feed back on this counter

Posted by KC Loh > 2012-07-25 23:46 | Report Abuse

I think the CEO cabut right?

Posted by talk2pkc > 2012-07-26 14:45 | Report Abuse

B very careful with too attractive deal , unless is supporter by reputable bank never depart yr cash ........ B there n got my T-shirt, ha ha

Posted by talk2pkc > 2012-07-26 14:47 | Report Abuse

Loh, agreed n I think CEO still in la la land

Posted by johnarumugam > 2012-07-26 14:51 | Report Abuse

I never trust this kind company. Very bad corporate governance.

Posted by bigyellow > 2012-07-26 23:37 | Report Abuse

watch out..stay away temporary...going South..

Posted by Jake > 2012-07-31 02:36 | Report Abuse

This is a jewel for EPF (govt). Doubt they will allow it to sink, in fact it shud prosper when govt dish our more property/construction projects. Just watch.

Posted by Jake > 2012-08-02 17:13 | Report Abuse

Ada org support kat RM1.80...mungkin nak test RM2 sebelum RAYA??

Posted by maxtbp86 > 2012-08-07 15:57 | Report Abuse

WHY DROP SO MUCH IN THIS FEW DAYS

Posted by dknycom > 2012-08-07 16:00 | Report Abuse

PROFIT TAKING ACTIVITIES AGAIN...
MAYBE WILL DROP BELOW RM 1.70 - RM 1.60.

Posted by kemas > 2012-08-15 23:22 | Report Abuse

still in stand still mode

Posted by ledzepp > 2012-08-24 10:18 | Report Abuse

Is this counter following UNISEM, JCY? Is it getting bloated compensation for EDL? Is it going to be appointed to develop RRI? Is it? Is it? Is it the entry point 1.63?

Posted by ledzepp > 2012-08-24 10:28 | Report Abuse

Oh no, it's turning into a JCY! mt

Posted by Mat Cendana > 2012-08-24 10:40 | Report Abuse

Obviously on a downtrend after those exciting weeks when it climbed up from 1.55 or so to almost 1.90. Every counter has to undergo this cycle. This is also one of those "political risk" counters. Let it undergo the correction first. Then we buy and wait.

Posted by KLK1 > 2012-08-26 23:13 | Report Abuse

However, MRCB has remained below RM2 for too long, ans hence does not carry any short term investment value for a mid range shares. Just puzzle, wouldn't the major shareholders pressure company for corporate action?

Posted by dr_mie > 2012-09-02 12:27 | Report Abuse

Mat Cendana .. any other potential counter?

Posted by Mat Cendana > 2012-09-02 13:01 | Report Abuse

dr_mie - *Many* potential counters as always. The most tricky part is when to get in (and also when to get out rather than push one's luck when something goes up). With traders, these are the usual suspects - JCY (despite its sharp fall, I feel there is still life to it); SKPetro too, which has gone below 2.40. MRCB will be interesting next week - will the rebound last Thursday last or will it come down again? I was hesitant to buy anything last week due to the long weekend. Hopefully, there will be clearer signs from tomorrow. I've just bought The Edge weekly and will be thinking about the various counters today... plus read the opinions here for ideas.

Posted by dr_mie > 2012-09-02 16:02 | Report Abuse

thanks bro

Posted by Mat Cendana > 2012-09-02 21:17 | Report Abuse

There's another one that I'm keeping an eye on - SILK. It has been very quiet for quite a few months. Recently, there was some interest in this counter but it quickly petered out. Last Thursday and Wednesday have seen the interest coming back - if this continues from tomorrow onwards, we might have "a new TH Heavy".

SILK is better known for its highway but it is also an oil & gas company. In fact, two-thirds of its revenue come from O&G. It has substantial debts which prevent it from registering good profits. But its assets - I feel these might attract other companies.

Posted by tonylim > 2012-09-02 23:19 | Report Abuse

Mat, sorry to chip in. What assets do they have that are bankable or M&A

Posted by Mat Cendana > 2012-09-03 10:16 | Report Abuse

SILK Highway itself. There aren't too many already-built highways available. PLUS was /is the greatest but EPF has now bought and privatised it.

Traffic using SILK has risen steadily over the past few years. But for the company, its borrowings are a burden and a good part of earnings have to go towards paying it. That's to be expected though because building a highway takes LOTS of capital. I'm thinking along this line - wouldn't EPF/PLUS and other cash-rich organizations looking for stable income not be interested in owing a toll concession? It's only a question of the price.

Posted by rizal Prk > 2012-09-03 10:30 | Report Abuse

Today.. MRCB starts flying. Why Mat Cendana? Any good news?

Posted by Mat Cendana > 2012-09-03 12:29 | Report Abuse

I don't know about whether there is any good news. But I think it's a technical rebound after the price had gone down sharply since the Raya holidays. There was a correction going on, which was compounded by news of its EDL-related sukuk loans being downgraded. As usual, traders had over-reacted and cut losses, leading to the slide. 1.62 last week was a great chance to get in but I didn't. Excuse me while I go and kick myself.

Posted by Mat Cendana > 2012-09-03 16:37 | Report Abuse

rizal Prk - Apparently it's this one about the government purchasing its EDL in JB:
http://www.bernama.com/bernama/v6/newsbusiness.php?id=691548

Posted by Hustle > 2012-09-03 16:45 | Report Abuse

Tabung buy in better take care

Posted by andyteng > 2012-09-03 16:48 | Report Abuse

sell sell selll

Posted by rizal Prk > 2012-09-04 09:22 | Report Abuse

sold already yesterday

Posted by dr_mie > 2012-09-06 22:43 | Report Abuse

Aiyaa this counter make me headache

Posted by Mat Cendana > 2012-09-07 08:35 | Report Abuse

True. But it has enough volatility and swing to make it worth the trader's time. The common thinking is this - MRCB is perceived to be a politically-connected company and is therefore a `political risk' when there's a general election. At least that's what every analyst and his grandmother says. Never mind if almost half of the shares are owned by EPF. I've made money with it before. But one must be prepared to pick up and wait a bit should the market move against him. I'll never recommend either buying or selling anything but I can say that its present price isn't a sucker's price.

Posted by dr_mie > 2012-09-08 13:07 | Report Abuse

He he

Posted by Taugeh > 2012-09-12 22:01 | Report Abuse

Mat..Aren't you glad that you didn't go in at 1.62..the 1.58 is there for you to knock...oh..1.56 actually..goodness.might knock 1.48-1.52...possibly..tempting

Posted by maxtbp86 > 2012-09-26 15:19 | Report Abuse

WHY TABUNG HAJI BUY SO MUCH RECENTLY??

Posted by Kl Vin > 2012-09-26 17:41 | Report Abuse

EPF still holding 45% MRCB And Tambung Haji keep collecting.... I dont feel the price will go down further.... Collect as much as you can... I believe something BIG NEWS COMING ~!!

Posted by dknycom > 2012-09-26 19:02 | Report Abuse

ANOTHER "SAD LOVE SONG" FOR ALL ITS INVESTORS TODAY.

Posted by KC Loh > 2012-09-27 17:01 | Report Abuse

another construction stock upwards trajectory! budget must be focusing on many affordable housing scheme!

Posted by Kl Vin > 2012-09-27 17:04 | Report Abuse

I ALL IN MRCB AT RM1.55 ~~ AND SOME AT RM1.90 ~~
WISH ME LUCK...

Posted by Gary Phang > 2012-09-29 11:14 | Report Abuse

price target 2.08

Posted by pathew > 2012-09-29 11:47 | Report Abuse

Gary how did u come to that conclusion?

Posted by maxtbp86 > 2012-10-01 14:19 | Report Abuse

YALO. HOW U KNOW??

Posted by peanut > 2012-10-01 15:54 | Report Abuse

Hope will go higher ... :-)

Posted by peanut > 2012-10-01 15:58 | Report Abuse

Desas desus - person that repaired MRCB coming back to repair again after the last group MD / CEO rosakkan...

Posted by maxtbp86 > 2012-10-09 09:53 | Report Abuse

UP UP UP...

Posted by hema > 2012-10-18 15:18 | Report Abuse

keeping my fingers crossed for a long time!

Posted by pathew > 2012-10-18 19:10 | Report Abuse

Seems to be moving within a set range... Wonder if it will break upwards after this... Worth monitoring this company's movement

Posted by maxtbp86 > 2012-10-24 12:06 | Report Abuse

WHY TODAY RAISE SO MUCH.

Posted by maxtbp86 > 2012-10-24 12:09 | Report Abuse

GOOD NEWS????

Posted by alexisvics > 2012-10-24 20:26 | Report Abuse

More projects coming...before election. Ajib Gor must show some big projects to let people feel good.

Posted by Ledzepp > 2012-10-25 09:41 | Report Abuse

Is it RRI?