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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 18 hours ago

Posted by tomatoman79 > 2015-11-17 09:22 | Report Abuse

now they're like saying, the floor is 1.24. you can go higher but cannot below this. this is good as we know the price will not plunge below this level.

bullcoming

848 posts

Posted by bullcoming > 2015-11-17 09:27 | Report Abuse

Look like the engin is going to start

bullcoming

848 posts

Posted by bullcoming > 2015-11-17 09:30 | Report Abuse

This round Tp 1.6

bleuerouge

3,221 posts

Posted by bleuerouge > 2015-11-17 10:43 | Report Abuse

great, can load some more while its still cheap

ken75SHG

246 posts

Posted by ken75SHG > 2015-11-17 10:50 | Report Abuse

Why still down?

telim2

25 posts

Posted by telim2 > 2015-11-17 11:30 | Report Abuse

This private placement scheme is at disadvantage to existing shareholders especially those who has the extra $$$ if they opt for right issue. Every shareholders'holding has been diluted except for the private placement party. 20cents is big discount but hope this scheme will bring the company (share price) to new height.

Posted by Always A. Beginner > 2015-11-17 11:44 | Report Abuse

wowwww still cheap..mari mari cheap sale..EPF owns at least 38% in this company..this price is too damn bloody cheap!! mari mari beli beli!

Lim

334 posts

Posted by Lim > 2015-11-17 12:03 | Report Abuse

As expected will bring down the share... I'm waiting big shareholders and new shareholders to add in a big sum.. Anyone know when the q3 Announced??

jolie2

2,039 posts

Posted by jolie2 > 2015-11-17 13:00 | Report Abuse

mrcb borrowing and gearing will be reduced significantly post placement.

gearing drop[from current 1.83 x to 0.88x.

i think kenanga will rate "buy" this time.

tlbeng

905 posts

Posted by tlbeng > 2015-11-17 13:43 | Report Abuse

I don't think there's going to be any update on the TP
I think the analysts meeting hold by MRCB few days ago should have disclosed this info to the analysts who gave the TP

jolie2

2,039 posts

Posted by jolie2 > 2015-11-17 13:46 | Report Abuse

fund will raised after projects secured.
Not like last time in 2009, where mrcb did right issue to raise rm566 millons but no confirmation project on-hand.

The current management is doing the right thing.

jolie2

2,039 posts

Posted by jolie2 > 2015-11-17 14:01 | Report Abuse

epf holding will be diluted from 38% to 32%. Just below the MGO level of 33%. Probably epf do not want to take the placement share is to meet SC condition.

jolie2

2,039 posts

Posted by jolie2 > 2015-11-17 14:20 | Report Abuse

net asset will go up from current 1.13 to 1.38 post-placement which is near to today lower price at 1.39

jolie2

2,039 posts

Posted by jolie2 > 2015-11-17 14:25 | Report Abuse

the support is 1.38... the share price may move up above 1.38 (NTA post-placement).
Today only knee-jerk reaction.

Lim

334 posts

Posted by Lim > 2015-11-17 14:39 | Report Abuse

huge offer 1.4... gonna be a correction for a while...

jolie2

2,039 posts

Posted by jolie2 > 2015-11-17 15:09 | Report Abuse

those who want to sell, don't sell cheap below the new nta 1.38
you will regret later when the share price move up back to 1.50

ken75SHG

246 posts

Posted by ken75SHG > 2015-11-17 15:15 | Report Abuse

Think any time rebound.....

Timie

338 posts

Posted by Timie > 2015-11-17 15:34 | Report Abuse

Sure rebound...

Posted by Mohd Fahmi Bin Jaes > 2015-11-17 15:45 | Report Abuse

sell
1.37

Posted by tomatoman79 > 2015-11-17 15:47 | Report Abuse

sell or sold? haha

Posted by Mohd Fahmi Bin Jaes > 2015-11-17 15:51 | Report Abuse

1.36

Timie

338 posts

Posted by Timie > 2015-11-17 15:53 | Report Abuse

Hold

Lim

334 posts

Posted by Lim > 2015-11-17 15:57 | Report Abuse

Carefull it down with volume...

julien

100 posts

Posted by julien > 2015-11-17 15:58 | Report Abuse

Why sell on loss

rookiemy

357 posts

Posted by rookiemy > 2015-11-17 15:58 | Report Abuse

may hit 1.34

Asia88

588 posts

Posted by Asia88 > 2015-11-17 16:06 | Report Abuse

Already hit 1.34

Posted by Mohd Fahmi Bin Jaes > 2015-11-17 16:07 | Report Abuse

1.33

Posted by Mohd Fahmi Bin Jaes > 2015-11-17 16:07 | Report Abuse

1.34

Asia88

588 posts

Posted by Asia88 > 2015-11-17 16:07 | Report Abuse

Luckily didn't fall on the big player trap. This share is overbought last few weeks.

Ring

6,522 posts

Posted by Ring > 2015-11-17 16:09 | Report Abuse

PPA shares will obviously dilute d value of shares, sharks already made their money when it 1.40 now declining but Edge tgt price 2.00 but this is possible in 2016 if they do declare profits in their quartely report.

beginner

123 posts

Posted by beginner > 2015-11-17 16:17 | Report Abuse

someone need to load in with cheaper price

Posted by Mohd Fahmi Bin Jaes > 2015-11-17 16:19 | Report Abuse

1.36

Lim

334 posts

Posted by Lim > 2015-11-17 16:20 | Report Abuse

I think the low it can hit is 1.24 which is unlikely in my opinion... buying at this price risk are limited... just my opinion...

Posted by Always A. Beginner > 2015-11-17 16:30 | Report Abuse

kikiki cheap sale cheap sale..i already mention earlier..maybe continue until tomorrow

Posted by Mohd Fahmi Bin Jaes > 2015-11-17 16:30 | Report Abuse

1.37

Posted by Mohd Fahmi Bin Jaes > 2015-11-17 16:39 | Report Abuse

1.36

Posted by tomatoman79 > 2015-11-17 16:44 | Report Abuse

gapurna buying at 1.24.... later what? sure they want to make some profit lah... then do what? push the price up then baru unload some to make some gain. even before the exercise they can make a few round with share in hand.

mh87

3,966 posts

Posted by mh87 > 2015-11-17 16:45 | Report Abuse

Buy buy.. Tomorrow maybe technical rebound

tlbeng

905 posts

Posted by tlbeng > 2015-11-17 16:49 | Report Abuse

contrarian sekali kantoi

Posted by tomatoman79 > 2015-11-17 16:53 | Report Abuse

dun contra la bro... nanti panic terus sell with loss.... hanguslah

mh87

3,966 posts

Posted by mh87 > 2015-11-17 16:57 | Report Abuse

Contrarian busy dgn XOX,RGB,TMS..

mh87

3,966 posts

Posted by mh87 > 2015-11-17 16:59 | Report Abuse

No need to panic actually.. FA very strong.. 2016 is the big year for MRCB..

jolie2

2,039 posts

Posted by jolie2 > 2015-11-17 17:01 | Report Abuse

man-man lai
don't luan-luan lai

Posted by tomatoman79 > 2015-11-17 17:03 | Report Abuse

"MRCB’s borrowing and gearing will be reduced significantly post placement."

oyeah... bye bye who bising2 gearing2... now pakai gear auto

Kudos

19 posts

Posted by Kudos > 2015-11-17 17:11 | Report Abuse

http://klse.i3investor.com/blogs/kenangaresearch/86064.jsp

It's all part of the plan. Even the kenanga research raised the tp from $1.36 to $1.70 after the shareholders' briefing session about the management plan last friday.

tlbeng

905 posts

Posted by tlbeng > 2015-11-17 17:48 | Report Abuse

lol i'm not contrarian
i'm laughing at those who contra in this counter kena slaughtered

Posted by Always A. Beginner > 2015-11-17 17:51 | Report Abuse

Still plenty of room to goreng going into the release of QTR report end of this month

kinfatt999

2,913 posts

Posted by kinfatt999 > 2015-11-17 19:16 | Report Abuse

mrcb fund raising, maybe not enuf capital to rolling, that y need ppl to buy the new ordinary share

Posted by Mohd Fahmi Bin Jaes > 2015-11-17 21:39 | Report Abuse

quarter report difficult to predict

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