Posted by anson938 > 2015-05-11 09:14 | Report Abuse

If could over 1.36 then might break 1.50 later.

Posted by tlbeng > 2015-05-11 14:12 | Report Abuse

anyone attended the agm & egm?

Posted by Stockker > 2015-05-11 14:15 | Report Abuse

Lots of news recently, interesting to follow closely

Posted by Ring > 2015-05-11 15:41 | Report Abuse

MRCB To Launch Four Projects With RM1.2b GDV

1 hours ago
KUALA LUMPUR: Malaysian Resources Corp Bhd (MRCB) has RM1.2bil worth of projects lined up for the financial year ending Dec 31, 2015.
Chief financial officer Ann Wan Tee said on Monday the company will be launching four to five projects this year with about RM1.2bil in gross development value (GDV).
"The immediate one which will probably be done by June is The Grid at Kia Penh. For that, the GDV is about RM400mil," he said after MRCB's shareholders meetings.

Posted by anson938 > 2015-05-11 15:51 | Report Abuse

Good news!

Posted by Ring > 2015-05-11 15:52 | Report Abuse

KUALA LUMPUR: Tenaga Nasional’s losses restrained the FBM KLCI’s advance at midday on Friday despite gains by banking stocks and Axiata while the broader market was mixed.

Posted by tlbeng > 2015-05-11 20:29 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4733273
share buyback approved

Posted by jolie2 > 2015-05-11 20:50 | Report Abuse

they will accumulate as the board find the current price is undervalue compare with the degearing plan they working on.Better buy when is low now. Don;t wait until 1.50

Posted by anson938 > 2015-05-11 21:33 | Report Abuse

Window for an oil correction is closing: Analyst
http://www.cnbc.com/id/102666296

Posted by Ring > 2015-05-12 10:37 | Report Abuse

http://www.theedgemarkets.com/my/article/mrcb-eyes-rm910m-sales-year

Posted by yeekarwai88 > 2015-05-15 15:01 | Report Abuse

No movement......

Posted by tlbeng > 2015-05-15 15:41 | Report Abuse

sideways still, let's see if it moves a day or two before 11mp

Posted by Jason Lim > 2015-05-15 20:14 | Report Abuse

what is 11mp?

Posted by yeekarwai88 > 2015-05-15 21:47 | Report Abuse

11th Malaysia project,announce soon

Posted by tlbeng > 2015-05-15 23:31 | Report Abuse

21st May is 11MP announcement if I'm not mistaken

Posted by Ring > 2015-05-17 08:37 | Report Abuse

The FBM KLCI is expected to rebound further next week and stay above the crucial 1,800-point support level, with investor focus on the Eleventh Malaysia Economic Plan (11MP) to be tabled on May 21.

Treasury yields dropped and the dollar eased on Friday following a stabilisation in European government bonds and another batch of weak US data that raised expectations the Federal Reserve will need to wait longer to hike interest rates, according to Reuters.

US stocks finished near flat, though the S&P 500 eked out another record closing high and major indexes posted gains for the week. The MSCI World equity index gained 0.26 percent and was up for the week as well, it said.

AffinHwang IB vice president and head of retail research Datuk Dr Nazri Khan said that following the oversold performance of the local stocks (over the last three weeks) and successful test of 1,800 support level, he expects the FBM KLCI to stage further rebound driven by positive GDP data, rising local currencies and commodities price.

Nazri said despite the traditionally bearish month of May, investor focus was likely to be on the 11MP, on measures to boost Malaysian economic growth to a developed state.

Posted by yeekarwai88 > 2015-05-17 13:28 | Report Abuse

Announce quarter result tomorrow?

Posted by tlbeng > 2015-05-17 21:48 | Report Abuse

should be after 11mp

Posted by Ring > 2015-05-20 10:43 | Report Abuse

JF Apex Research said construction counters could see trading action ahead of the 11th Malaysian Plan (11MP) to be tabled in Parliament on Thursday as builders are expected to be the major beneficiaries.

Posted by yeekarwai88 > 2015-05-20 11:10 | Report Abuse

Ya,target 1.80
Intended to add more.

Posted by anson938 > 2015-05-21 11:05 | Report Abuse

11 MP should annouce by Dato' Seri Najib at 11:30 am Live in parliament later today.

Posted by anson938 > 2015-05-21 11:10 | Report Abuse

MRCB coming.......good news......

Posted by yeekarwai88 > 2015-05-21 12:07 | Report Abuse

Buy buy buy!
Target price 1.80
Buy before it is too late.

Posted by tlbeng > 2015-05-21 13:09 | Report Abuse

MRCB might be getting Klang Valley MRT

Posted by yeekarwai88 > 2015-05-21 13:11 | Report Abuse

MRT +LRT3

Posted by anson938 > 2015-05-21 14:49 | Report Abuse

Is it confirm already?

Posted by tlbeng > 2015-05-21 14:50 | Report Abuse

don't know yet, but MRCB has experience in LRT construction, so it might bag either one

Posted by anson938 > 2015-05-21 15:38 | Report Abuse

The government has allocated some RM260 billion for development expenditure under the Eleventh Malaysia Plan (11MP). The 11MP outlines the country's economic expansion strategies from 2016 to 2020.

According to Prime Minister's Department Economic Planning Unit director general Datuk Seri Dr Rahamat Bivi Yusoff, half of development expenditure allocation would go into infrastructure spending.

“We have not finalised the allocation yet, but like all the previous development plans, 50% of the development expenditure is usually allocated for infrastructure spending, 30% would go to social matters such as for schools and healthcare facilities, while the rest would be for safety (security and general administrative expenses),” she said at a media briefing in conjunction with the release of the 11MP report.

Posted by yeekarwai88 > 2015-05-21 16:51 | Report Abuse

Why all stocks drop after announced 11MP?

Posted by tlbeng > 2015-05-21 17:13 | Report Abuse

not much surprise from 11MP
a lot of speculation last few days
now most of the tech stocks kena hentam terus

Posted by tlbeng > 2015-05-21 18:14 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4745805

Posted by anson938 > 2015-05-21 19:28 | Report Abuse

Profit 237 millions

Posted by tlbeng > 2015-05-21 19:52 | Report Abuse

net profit is actually about 25~30millions, do consider the disposal of platinum sentral

Posted by yeekarwai88 > 2015-05-21 20:33 | Report Abuse

Wa!surprisingly!!!
EPS 13.34 sen,resulting in P/E only 6.23.
Promising outlook !!
Up up tomorrow

Posted by klsetrader > 2015-05-22 09:07 | Report Abuse

it shall move further north, when its nearing div pay out date

Posted by yeekarwai88 > 2015-05-22 09:09 | Report Abuse

10minutes raise almost 4%,surprisingly!!

Posted by jolie2 > 2015-05-22 09:10 | Report Abuse

Buyyyyyyyyy
wil go above 1.40 today

Posted by klsetrader > 2015-05-22 09:11 | Report Abuse

it is a counter to keep for long term, as we all can see that new management is working hard to reduce their debts and securing more projects. Hopefully if they can secure the LRT and i shall smell RM2

Posted by jolie2 > 2015-05-22 09:15 | Report Abuse

i think they will start to do share-buy back to push up the share before ex-dividend after announced the good quarter result

Posted by yeekarwai88 > 2015-05-22 09:17 | Report Abuse

If MRCB procure LRT3,I wait till 2.5 or 3.
Hihi.

Posted by yeekarwai88 > 2015-05-22 10:02 | Report Abuse

Many trader take profit run.

Posted by anson938 > 2015-05-22 10:42 | Report Abuse

http://www.theedgemarkets.com/my/article/utusan-mrcb-oriental-food-scomi-kossan-rubber-aeon-alam-maritim-ytl-power-ytl-corp-puncak

Posted by jolie2 > 2015-05-22 14:38 | Report Abuse

this counter is recovering. Good to buy when it low. The management is positive on the improvement and have good rapport with the govt. Will easily get project.

Posted by tlbeng > 2015-05-22 15:20 | Report Abuse

need some time to turnaround

Posted by yeekarwai88 > 2015-05-22 19:35 | Report Abuse

Rise only one sen.

Posted by jolie2 > 2015-05-22 20:07 | Report Abuse

consider ok if compare to our index that drop 8 points.

Posted by yeekarwai88 > 2015-05-22 23:29 | Report Abuse

When up above 1.40,keep stick around 1.32-1.34 for one month already.

Posted by mary123 > 2015-05-25 09:16 | Report Abuse

this is one hopeless counter in my experience. No news can drive up the price. Sell and put your money in other counters.

Posted by yeekarwai88 > 2015-05-25 10:30 | Report Abuse

All panic sell.
Difficult moment

Posted by anson938 > 2015-05-25 11:38 | Report Abuse

If may fail to get the LRT3? so all rush to sell it......Target price 1.31 given by RHB-OSK and 1.27 by Kenanga.is it Reasonable?