Kena tengok debts untuk apa and producing income or not. MRCB sekarang ada income dari REIT untuk cover interest and payment of loans. Kalau loan banding aset 50% ok kut u check and see.
Dulu memang disebut sebut bank loans besar tapi nampak dah ok sikit now sebab bank tak sebut lagi high debt
there're some who is just too stupid to realize Prasarana is the one who's raising the fund for the project instead of MRCB Can't even understand who's the customer and who's the one delivering the project can't help but to facepalm
when a stock got someone critisize like this, lol .... it is really great news ... lol ... it only means that somebody didn't manage to collect at low price 0.80-0.85 thus they are damn doo-lan now ... hahaha
furthermore with the new owners (father & son) team buying into Mr. Cb at 1.50 per share & the other big stake holder i.e EPF ... you really think Mr. Cb will go to 0.50 .... hahaha ....
this is a great world ... got project also bad news .... no project also critisize ... what is good news then ???? hehehe .. US rate hike ... ECB QE project .... ???? or malaysia's male ED problems .... hahahaha
Now MYR depreciate a lot. Are you sure MRCB materials sourced 100% locally. Sure have to import elsewhere. RM 9 billion project remain same since last year w/o factoring in MYR depreciation. Can MRCB-GKent make sure RM 9 billion enough?
You know what is goverment project, you take goverment project before, if don't know don't simply comment, if main contractor can show evidence that raw material cost increase, than they allowed to claim the different that is stated in the tender book, you can see that's why goverment projects always overcost. When the project completed you can see the sum is very much different from the amount they were award before, especially for big project that needs years to complete.
This is a goverment project and the finance ministry will issued a payment gurantee letter to them, whats to worry with those gurantee letters they can easily get loan from bank to finished the project, somemore there is a lot of sub contractor followed mrcb long time ago, they will totally give support one. You can see a lot of big company eyeing for this project, if cannot make money who want to tender, you think the tender book is free..
MRCB is just like a master project coordinator, providing consultancy and charge a fees...am I right ...no sure how this PDP role works? Anyone to clarify ?
So no need to incur material cost, sub out the actual works to other contractors. Just providen professional consultancy and overall coordinate the whole project ??
lol, like Prasarana is going to give a f**k on this, they "urged" saja other countries also urged our jibkor to clarify the source of 2.6b also not a single f**k was given UEM .. i though their KLIA2 and LRT2 have a lot of problems, no?
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Anti_debt
224 posts
Posted by Anti_debt > 2015-09-07 11:59 | Report Abuse
Who trust analysts anymore? Go to AA thread and you can find the answer.