Posted by prudentinvestor > 2022-04-18 10:38 | Report Abuse

EPF hasn't sold any MRCB shares for several years. Even if it disposes of all its MRCB shares, it can only raise around RM600 million.

Posted by getingreal > 2022-04-18 11:48 | Report Abuse

40 Bil does not grow on trees! KLSE t/o is about 2.5Bil a day 5 days a week say 50Bil a month. For EPF to cash up 40Bil will hit KLSE hard. Yes I know they have other investment, but a lot of them cannot be cashed so fast. Yes I know they have money coming in on deposits, but they also have money going out as retirement age hits with withdrawals. No matter how you add up it must severely impact KLSE as the MinFin. did warn parliament at the time. Taken that EPF makes up a big chunk of KLSE you can guess why. Taken that EPF are not investors in about 70% of the KLSE counters so it stands to reason that wherever you see EPF as a substantial shareholder you had best beware.

Posted by jackson88 > 2022-04-18 13:30 | Report Abuse

EPF is the controlling shareholder of MRCB. It cannot sell too much or it will lose control of the company. That is why you don’t see EPF selling for a long time

Posted by dompeilee > 2022-04-18 15:27 | Report Abuse

EPF stuck like a dead duck after subscribing to massive rights issue @ 79c in 2017 lol

Posted by dompeilee > 2022-04-18 16:36 | Report Abuse

40.5c. Inching closer to 1st target I gave to my paying clients =)

Posted by dompeilee > 2022-04-18 18:10 | Report Abuse

EPF's cost is estimated @ at least 85c-95c. Capital cut by half but performance doesn't matter coz employee's million$ keep covering up the holes lol

Posted by RAbbit494 > 2022-04-18 21:48 | Report Abuse

untuk permainan pendek target 450.
lagi bagi warning EPF nak guna duitlah , saya tambah lagi hari ini .
jangan jual murah saya akan tambah lagi.
esok pagi entah dapat tak harga lebih murah atau 405 akan ditembusi .
good luck

hanya berbicara diwaktu lapang
maaf jika ada silap kata.

Posted by jackson88 > 2022-04-18 21:55 | Report Abuse

Last year, was 45sen before ex-dividend date. Not sure this year what will happen

Posted by jackson88 > 2022-04-20 09:56 | Report Abuse

I am queuing to buy at 40sen. But still cannot get from this morning. Regret didn’t buy last week

Posted by prudentinvestor > 2022-04-20 17:51 | Report Abuse

Lowest closing price over the last two years was 30 sen, highest was around 58/59 sen. NTA per share is RM1.00. No reason for MRCB to stay at this level.

Posted by dompeilee > 2022-04-20 20:28 | Report Abuse

Long time(if ever) before LTH or EPF will be in the $$$ on their investment here...

Posted by wan > 2022-04-21 10:33 | Report Abuse

umno linked counter

Posted by LZCY2020 > 2022-04-21 21:33 | Report Abuse

Insider news: TP RM 2.40!!!!

Posted by vcinvestor > 2022-04-22 08:56 | Report Abuse

@LZCY2020 you were wrong in November, wrong in February, wrong in March but surely this time con-lan-firm correct, right?

Posted by zKingDB > 2022-04-22 10:23 | Report Abuse

@LZCY, i think you typo bro....do you mean TP 0.24?

Posted by LZCY2020 > 2022-04-29 08:08 | Report Abuse

ANNUAL REPORT out!!

Front cover: “THE TIME IS NOW” (ini kalilah!!!!)

Posted by prudentinvestor > 2022-04-29 22:15 | Report Abuse

Remember to "stock up on MRCB" to prepare for the next GE. MRCB always moves up during an election year, don't miss the opportunity this time.

Posted by RAbbit494 > 2022-04-30 00:40 | Report Abuse

ada murah beli je...usah takut harga murah sebab tulah masa kita membeli dan menyimpan tahun depan baru kita buat keputusan nak jual atau simpan. labur pendek boleh jual waktu 45sen labur lama sikit boleh jual 65sen lagi lama rm1.00 . apa tunggu lagi....jangan tunggu yang berkenaan tolak naik harga dan sekarang dah mula membeli sedikit demi sedikit tanpa disedari . bila dah cukup beli berlori lori maka masa akan tiba untuk ditolak naik . jadi kenapa tak beli waktu harga murah lagi murah lagi banyak kita beli.
good luck

hanya berbicara di waktu lapang
maaf jika ada silap kata
selamat bercuti

Posted by dompeilee > 2022-05-02 08:24 | Report Abuse

1.00 takda harapan langsung. EPF rugi utk selamanya kekeke

Posted by riffin > 2022-05-09 12:23 | Report Abuse

MRCB also has tunnelling experience. It is the main contractor for the Light Rail Transit 3 (LRT3) project, which will involve 2.2km of tunnelling works from Persiaran Dato Menteri to Stadium Shah Alam. It also has an environment-related business that undertakes flood and erosion mitigation of rivers and coastal areas.
Its balance sheet should not be a hindrance, given that net gearing was at a low of 29.8%, amounting to RM1.25 billion of net debt, as at end-December 2021. The group ended FY2021 with a net profit of RM15.83 million, swinging back from a net loss of RM177.37 million incurred in FY2020.

Posted by jackson88 > 2022-05-17 15:32 | Report Abuse

MRCB 43 sen target by HLIB (increase from 38sen)
https://www.theedgemarkets.com/article/mrcb-see-stronger-earnings-through-lrt-3-consolidation-says-hlib

Posted by prudentinvestor > 2022-05-25 16:00 | Report Abuse

This cock will one day lay eggs non stop as the next GE draws nearer and nearer. This has been the case in every past election.

Posted by investortrader88 > 2022-05-31 19:46 | Report Abuse

https://www.theedgemarkets.com/article/mrcb-1q-profit-jumps-170-lifted-lrt3-and-property-projects

Posted by investortrader88 > 2022-05-31 19:47 | Report Abuse

I still hopd some tickes average price RM0.47.good luck guys

Posted by prudentinvestor > 2022-05-31 21:24 | Report Abuse

MRCB's share price should jump by at least 50% if EPF were to privatize the company.

Posted by jackson88 > 2022-05-31 21:38 | Report Abuse

See latest announcement in Bursa on MRCB reply on the privatization plan.

Posted by 股神 GS > 2022-05-31 21:43 | Report Abuse

If you look at MRCB *Number of Outstanding share* & *EPS*

2021 4.467b share/ 0.4sen
2020 4.412b/-4sen
2019 4.412b/0.5sen
2018 4.395b/2.3sen
2017 4.387b/6.6sen
2016 2.144b/13.8sen
2015 1.787b/18.5sen
2014 1.760b/8.9sen
2013 1.651b/-7.4sen
2012 1.388b/4.3sen

this could be one of the reason why the share price did not perform

Posted by jackson88 > 2022-05-31 22:03 | Report Abuse

Last year, I still remember E&O denied takeover or privatization. Share was 38sen. Few months later, share price slowly goes up to 50sen. Then announce takeover offer at 60sen.
Don’t fall for the trap again to sell cheaply at market price. Someone is collecting and denying privatization. Careful all.

Posted by face > 2022-05-31 22:42 | Report Abuse

MRCB NTA is RM 1.00, the privatization pricetag should be at least 85c.

Posted by jennychin > 2022-05-31 23:38 | Report Abuse

tomorrow start BIG RALLY!!! MRCB new theme play merger/privatization catalyst

Posted by jackson88 > 2022-06-01 08:44 | Report Abuse

I will to buy some today.

Posted by prudentinvestor > 2022-06-01 10:25 | Report Abuse

"MRCB NTA is RM 1.00, the privatization pricetag should be at least 85c."
I hope EPF would take MRCB's NTA into consideration should it decide to privatize the company. Don't be surprised if minority shareholders are only offered 60 sen a share or less. Remember the privatization of TA Enterprise several years ago? TA had an NTA of RM2.60 but minority shareholders were only offered RM0.66 a share and all the relevant government authorities happily approved the deal. Karambubai minority shareholders also didn't get a good deal.

Posted by jackson88 > 2022-06-01 10:40 | Report Abuse

Anyway, I already bought some MRCB today at 36.5sen.

Posted by jackson88 > 2022-06-01 10:42 | Report Abuse

HLG and RHB increase price target to 44sen and 46sen. Previously only 36sen

Posted by prudentinvestor > 2022-06-01 11:06 | Report Abuse

Good move! Buy now and wait for election rally.

Posted by face > 2022-06-01 22:13 | Report Abuse

MRCB warming UP for more upside cycle from 2 Catalyst theme play......TP 85c
1. GE15 coming soon
2. Privatization

Posted by jackson88 > 2022-06-02 08:57 | Report Abuse

“Typically, a shareholders’ agreement is a good tool to protect minority shareholders where certain provisions can be inserted to protect them besides the legal protection afforded to them by any corporate law,” he said.

His comments come in light of market talk about the Employees Provident Fund (EPF) wishing to increase its stake in Malaysian Resources Corp Bhd (MRCB).
https://www.thevibes.com/articles/business/62235/company-restructuring-major-shareholders-must-be-transparent

Posted by prudentinvestor > 2022-06-02 09:10 | Report Abuse

The general election may come earlier than expected and MRCB is also likely to move up earlier than expected. Bets now!

Posted by ElwinPg > 2022-06-02 11:39 | Report Abuse

I will not accept anything less than 80 cents if there is privatisation. This is unfair to the investors.

Posted by ElwinPg > 2022-06-02 11:44 | Report Abuse

After hearing the Chairman and MD response at the AGM, I think the company is on the right track now. This is not the time for privatisation. Let the minority shareholders share the rewards and growth of the company. If want to take it private, MRCB should be sold at least RM1 to be fair to all.

Posted by prudentinvestor > 2022-06-02 12:00 | Report Abuse

Has been trading below 50 sen for more than a year. It needs some viagra to move beyond 50 sen a share.

Posted by jackson88 > 2022-06-02 12:22 | Report Abuse

Stock price for MRCB now at 40 sen. Jump almost 3 sen after the privatization news and AGM. How?

Posted by face > 2022-06-02 12:24 | Report Abuse

next week 50cts

Posted by ncy810116 > 2022-06-02 12:25 | Report Abuse

apa cerita?

Posted by ElwinPg > 2022-06-02 12:33 | Report Abuse

NCY, story on MRCB privatization plans by KWSP.

Posted by ElwinPg > 2022-06-02 12:34 | Report Abuse

Don't sell your shares to them if they offer anything less than RM1

Posted by lawrence86 > 2022-06-02 15:06 | Report Abuse

dont talk rubbish la joker pg .....people will decide to sell or not to sell.....u ask people dont sell later price drop back you wanna compensate them ?

Posted by jackson88 > 2022-06-02 15:22 | Report Abuse

You can see someone is collecting big in last few days. That’s why high volume and price going up.

Posted by jackson88 > 2022-06-02 15:23 | Report Abuse

Most people will sell before final price for privatization. The people who want takeover will collect cheaply first before announcement of takeover offer. Many will sell now even below 40sen. When they offer 60sen, most small players already sold out in the market.

Posted by prudentinvestor > 2022-06-02 16:03 | Report Abuse

For me, any offer at 60 sen a share is reasonably good. The offer price is unlikely to come near to RM1 a share.