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Last Price

0.575

Today's Change

-0.03 (4.96%)

Day's Change

0.565 - 0.60

Trading Volume

32,969,800


22 people like this.

30,117 comment(s). Last comment by mikeann 22 hours ago

char1234

5,299 posts

Posted by char1234 > 2015-08-24 11:39 | Report Abuse

Yes....best is stay sidelines...

sasword

1,167 posts

Posted by sasword > 2015-08-24 16:30 | Report Abuse

buying goverment related stock at a time like this is definitely suiciding...

Ah Ha

905 posts

Posted by Ah Ha > 2015-08-25 11:29 | Report Abuse

wait for 50 cents..

Vin Cullen

1,547 posts

Posted by Vin Cullen > 2015-08-25 14:04 | Report Abuse

UEMS drop more worst !

sasword

1,167 posts

Posted by sasword > 2015-08-25 19:00 |

Post removed.Why?

4u2c

3,553 posts

Posted by 4u2c > 2015-08-28 13:41 | Report Abuse

EPS is good and record revenue.........u see volume n price increase......dont get trap.Can sell but once u buy, u will kena.Tis is how history of this counter....just my 2 cts..

Posted by Always A. Beginner > 2015-08-28 22:55 | Report Abuse

i am holding this until 1 week before CNY next year. that is my target

tlbeng

905 posts

Posted by tlbeng > 2015-09-03 16:29 | Report Abuse

low volume, sien
probably next year only move -_-

lskhin

72 posts

Posted by lskhin > 2015-09-04 15:42 | Report Abuse

M.R.C.B, M.R.C.B, M.R.C.B!!!

pharker

1,089 posts

Posted by pharker > 2015-09-04 15:49 | Report Abuse

LRT 3, LRT 3
Look at the price movement of MRCB n Georgekent

pharker

1,089 posts

Posted by pharker > 2015-09-04 15:55 | Report Abuse

Why price shoots up suddenly with volume coming compared to other LRT 3 biders like sunway, MMC, uems ?

Also same for Gkent...their partner

tlbeng

905 posts

Posted by tlbeng > 2015-09-04 15:58 | Report Abuse

already confirmed mrcb & gkent got it
wait for the announcement :)

pharker

1,089 posts

Posted by pharker > 2015-09-04 16:02 | Report Abuse

sure or not...dun make me happy lah

Know when announce ?

Coz this is a big project that can impact the bottomline...dun play play..with this project MRCB is now a difernet animal..previously it is a bear that change to a bull...hahaha

pharker

1,089 posts

Posted by pharker > 2015-09-04 16:07 | Report Abuse

Added some MRCB-Warrant...not move much yet...hopefully will follow mother and much cheaper with better traction

tlbeng

905 posts

Posted by tlbeng > 2015-09-04 16:17 | Report Abuse

from 0.08->0.1 still not much movement? :P
and yes it's confirmed, wait for the announcement tonight or monday
you see the price surge with gkent, can be certain that they're getting the project

Posted by AzmiMerican > 2015-09-04 16:32 | Report Abuse

Now tahula kita kenapa harga keep dropping dulu. Big sharks have been collecting

Posted by Always A. Beginner > 2015-09-04 16:32 | Report Abuse

Announce already la..

tlbeng

905 posts

Posted by tlbeng > 2015-09-04 16:36 | Report Abuse

There you go:
http://www.thesundaily.my/news/1543103

fzank

1,537 posts

Posted by fzank > 2015-09-04 16:44 | Report Abuse

hold on to your horses guys ... yeeee-haaaaa !!!! lol ..... hi-yo-silver and runaway !!! heeee-haaaa

tlbeng

905 posts

Posted by tlbeng > 2015-09-04 16:56 | Report Abuse

dont know if it can hold above rm1 or not
market sentiment is really bad

Posted by AlexanderJin > 2015-09-04 17:15 | Report Abuse

dont be too excited, now market sentiment so bad, fed meeting coming some more...collect when it goes down again, dont chase high now...mmc n gamuda also cant hold long even they got mrt 2 pdp in 13 july....

redbean

99 posts

Posted by redbean > 2015-09-04 17:25 | Report Abuse

Wow. . suddenly shoot up

Posted by Always A. Beginner > 2015-09-04 19:17 | Report Abuse

Monday profit takers will make this go down again..shortlived joy

Posted by Mohd Fahmi Bin Jaes > 2015-09-04 20:22 | Report Abuse

Flyyyy

Posted by AzmiMerican > 2015-09-04 20:23 | Report Abuse

Short term TA punya target berapa agaknya?? RM 1.18 then 1.25??

Posted by Logic Trading Analysis > 2015-09-04 22:40 | Report Abuse

monday might gap up

superegg

112 posts

Posted by superegg > 2015-09-05 10:15 | Report Abuse

Target 1.15 on Monday

Posted by AzmiMerican > 2015-09-05 10:57 | Report Abuse

Kalau capai SMA 50d should move higher

yeekarwai88

3,967 posts

Posted by yeekarwai88 > 2015-09-05 11:02 | Report Abuse

Don't ignore DJ,oil,RM all drop==
You mean 20EMA cross 50EMA?

tlbeng

905 posts

Posted by tlbeng > 2015-09-05 14:38 | Report Abuse

AM was saying if it breaks 50 days moving average, the price will go higher
and also I'm not so optimistic on Monday market given the recent bearish sentiment
but then, mrcb is a laggard, it doesn't rebound much when the index rebound 100 pts last week
beware of profit taking on Monday

rich_

221 posts

Posted by rich_ > 2015-09-06 07:30 | Report Abuse

Agree with AlexanderJin comment. Why people don't chase MMC-Gamuda for MRT2? What is so special about LRT3?

tlbeng

905 posts

Posted by tlbeng > 2015-09-06 10:24 | Report Abuse

nothing special about lrt3, it's just that it starts earlier than mrt2
mrt2 tender not yet closed also, next year q2 only will know who win the tender right?

tc2012

362 posts

Posted by tc2012 > 2015-09-06 10:37 | Report Abuse

This is a counter that full of promises but short on delivery.non performing counter lah.Only good for short term trading

4u2c

3,553 posts

Posted by 4u2c > 2015-09-06 14:49 | Report Abuse

mytrd........he is the lucky one.Just buy and shares go up.....Congrats to the Lucky one

Anti_debt

224 posts

Posted by Anti_debt > 2015-09-06 15:39 | Report Abuse

Got money to undertake LRT3?
16. Group borrowings
The tenure of the Group borrowings classified as short and long terms are as follows:
As at 30.6.2015 RM'000

Secured Short term 736,849
Long term 2,248,139
Unsecured
Short term 150,000

Total 3,134,988

Anti_debt

224 posts

Posted by Anti_debt > 2015-09-06 15:40 | Report Abuse

Can go bankrupt.

Ven Felix

2,182 posts

Posted by Ven Felix > 2015-09-07 01:08 | Report Abuse

Shamelessly najis won't see Muka merah on his face during his speech to the public. Gaya penuh suara bunyi macam ia tak pernah con kami ni. He shud stay silent and give full corporate Biro for d world scandal untill things clearly justify. How a maturity country still could under controlled by a dirty hand Pm like this.

pharker

1,089 posts

Posted by pharker > 2015-09-07 02:03 | Report Abuse

AzmiMerican,

U da man...well analysed.

Many have dumped this counter when it slides slowly from RM2 to RM0.80, so did I, threw n cut loss ...so kinda pissed at MRCB

But luckily reenter back at RM0.88 when saw the volume coming hand in hand with GKent on Fri...knew something is coming...nasib boss..otherwise memang bang balls

Anti_debt

224 posts

Posted by Anti_debt > 2015-09-07 06:58 | Report Abuse

Azmi are MRCB entitled to full 500 million? What if there is cost over run?

Posted by AzmiMerican > 2015-09-07 07:35 | Report Abuse

Anti debt u ada ada saja la What if? what if.. everyday u takut tertanya tanya what if the sky falls down ke?? lol

MRCB dapat tender maksudnya can deliver la. MRCB ada experience dalam bidang ni.

Posted by AzmiMerican > 2015-09-07 08:18 | Report Abuse

Macam mana anybody has seen any revised new MRCB target price by any banks ke?

Bank I belum lagi

mytrd

617 posts

Posted by mytrd > 2015-09-07 08:56 | Report Abuse

i will sell half of my share later/today and balance left wait the price around rm 1.4

Anti_debt

224 posts

Posted by Anti_debt > 2015-09-07 09:18 | Report Abuse

Go bankrupt. High debt company is dangerous buy.

Anti_debt

224 posts

Posted by Anti_debt > 2015-09-07 09:30 | Report Abuse

Still trustIB? Everywhere people say high debt is bad but why in MRCB is not bad? MRCB total debt is over RM 3 billion.

Anti_debt

224 posts

Posted by Anti_debt > 2015-09-07 09:33 | Report Abuse

1MDB debt RM 42 billion, MRCB RM 3 billion, where to find money for RM9 billion project. Bankrupt likely.

Posted by AzmiMerican > 2015-09-07 10:34 | Report Abuse

MRCB - Triumphs in LRT3 race
Author: kiasutrader | Publish date: Mon, 7 Sep 2015, 10:16 AM

- We maintain our BUY call on MRCB with a fair value of RM1.65/share on an unchanged 40% to its NAV. MRCB announced that it has received a letter of appointment from Prasarana Malaysia to act as the Project Delivery Partner (PDP) for the Klang Valley LRT 3 (LRT3) project under a 50:50 JV with George Kent (Malaysia) Bhd.

- The LRT3 project (36km) runs from Bandar Utama to Klang before terminating at Johan Setia in Klang. Earlier reports indicated that this new line is expected to cost ~RM9bil (targeted completion: 2020)

- The award validates our earlier conviction of the MRCBGeorge Kent JV’s status as a frontrunner for the LRT3 PDP role. Our optimism stemmed from the duo’s combined experience in railworks. MRCB is the developer of the KL Sentral Transport Hub, and is exporting its franchise in Penang via Penang Sentral.

- The group is also currently undertaking several LRT packages under the Klang Valley LRT Line extension worth a combined RM1.2bil. These are:- (i) Ampang Line Package B – main facilities & segmental box girdles [SBG] (RM994mil); (ii) Kelana Jaya Package B SBG (RM77mil); and (iii) LRT stations 6&7 (RM88mil).

- George Kent had won a system works job for the Ampang LRT line extension last July together with Lion Pacific. From our channel checks, the JV trumped six other shortlisted candidates for the PDP award.

- While we have lowered our FY15F net profit to account for some timing differences, our NAV is largely intact. Even without accounting for the LRT3 PDP, MRCB’s new contract wins YTD of RM643mil has already surpassed our previous assumptions of RM300mil.

- Assuming a contract value of RM9bil (MRCB’s 50% stake: ~RM4.5bil), this new job could further boost the group’s total new contracts achieved YTD to ~RM5.1bil and bump up its external order book to a record RM6bil. This would undoubtedly boost MRCB’s future construction prospects going forward.

- Based on:- (i) MRCB’s effective stake in the PDP (~RM4.5bil); (ii) PDP fee of 5% (vs. 6% for the MRT Line 1 project); and (iii) duration of five years (2016-2020), we estimate the LRT3 PDP contract to bump up MRCB’s FY16F/17F core net profit by 21%/35%. Its fair value will rise by ~6% to RM1.75/share (NPV@7%).

- We have not assumed any contributions from the LRT3 project pending a definite agreement to be executed between the MRCB-George Kent JV and Prasarana. The stock is currently trading at a steep 64% discount to its NAV.

Source: AmeSecurities Research - 7 Sep 2015

Posted by AzmiMerican > 2015-09-07 10:35 | Report Abuse

Kalau MRCB dapat part of the construction contracts within the 9 billion untung MRCB lagi banyak lagi

zamsaham

778 posts

Posted by zamsaham > 2015-09-07 11:05 | Report Abuse

krappy croni kompeni.

tlbeng

905 posts

Posted by tlbeng > 2015-09-07 11:41 | Report Abuse

sometimes it's fun to see people who knows a little but acts like know it all here
hahahaha

confuse

570 posts

Posted by confuse > 2015-09-07 11:50 | Report Abuse

If go to AirAsia thread and read KC Chong blogs, high debt company is bad. How can it become good for RM 3 billion debt company like MRCB?

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