Posted by upsidedown119 > 2016-02-27 03:30 | Report Abuse

Overall a very solid result for the FY ending 31/12/2015!

Posted by 爱丽丝 梦幻世界 > 2016-03-01 12:38 | Report Abuse

:-)

Posted by ahdi > 2016-03-01 16:05 | Report Abuse

back to 1.25 soon

Posted by kinfatt999 > 2016-03-01 22:58 | Report Abuse

gov no money to provide any big project to mrcb

Posted by upsidedown119 > 2016-03-02 13:32 | Report Abuse

The big project already in the bag - the MRT.

Posted by tlbeng > 2016-03-02 14:23 | Report Abuse

yea and I don't think MRCB is getting any of the MRT package
Unless MRCB already complete the private placement and become a bumiputra company
else the MRT package will go to bumiputra companies like AZRB

Posted by kinfatt999 > 2016-03-02 16:00 | Report Abuse

looks like mrcb no project this year

Posted by Asia88 > 2016-03-02 18:49 | Report Abuse

Still got. 9Seputeh, Bukit Jalil , and so on . This project still ongoing.

Posted by kinfatt999 > 2016-03-02 19:34 | Report Abuse

buy and keep

Posted by upsidedown119 > 2016-03-02 19:40 | Report Abuse

Asia88. You no understand inglish? I said MRT is in MRCB's bag. I did not say it got the biggest portion. And MRCB is and had been a Buminputra company!

Posted by kinfatt999 > 2016-03-02 19:58 | Report Abuse

mrcb biggest shareholder is KWSP

Posted by upsidedown119 > 2016-03-02 20:07 | Report Abuse

Its top management is Bumiputra.

Posted by Asia88 > 2016-03-02 22:45 | Report Abuse

upsidedown, MRCB don't have MRT project in their bag. Please give evidence to support your statement. Don't simply spread rumors here.

Posted by Asia88 > 2016-03-02 22:49 | Report Abuse

Do you know what is the core business activity of MRCB? Please visit their website before giving your statement.

Posted by upsidedown119 > 2016-03-03 11:23 | Report Abuse

Asia888. MRCB shared the MRT project with Gkent. It was awarded months ago. It's not a rumour.

Posted by Asia88 > 2016-03-03 12:24 | Report Abuse

Upsidedown119. MRCB jv with Gkent is on LRT 3 project. Not MRT project. Get your facts right ok. !!!!!!

Posted by Asia88 > 2016-03-03 12:25 | Report Abuse

http://themalaysianreserve.com/new/story/mrcb-george-kent-jv-picked-lrt3-after-assessment

Posted by upsidedown119 > 2016-03-03 12:34 | Report Abuse

Asia88. Thank you. Must be typo error. I mean the RM11.5 billion LRT project.

Posted by tlbeng > 2016-03-03 12:38 | Report Abuse

upsidedown, i suggest you read first before you comment

Posted by tomatoman79 > 2016-03-03 13:03 | Report Abuse

appa laa... MRT LRT ERL MRL whatever term it is... u know he what he meant. itu pon mau gadoh.

Posted by Asia88 > 2016-03-03 13:58 | Report Abuse

MRT, LRT, ERL all different term and involve different company. Should not make such confusion at the expense of other.

Posted by upsidedown119 > 2016-03-03 15:22 | Report Abuse

tlbeng. I have read. LRT at RM11.5 billion tendered by MRCB and GKent was awarded although the lowest tender was RM9.5 billion. What else do you want me to read?

Posted by upsidedown119 > 2016-03-03 15:38 | Report Abuse

Asia88. As tomatoman79 pointed out, the essential is MRCB got RM11.5B contract. Whether is for LRT or MRT doesn't matter since there could be a typo error. Why 'gadoh? Duuh!

Posted by upsidedown119 > 2016-03-03 15:45 | Report Abuse

Besides MRCB also has a finder in the MRT pie. So what's the beef?

Posted by kinfatt999 > 2016-03-03 18:22 | Report Abuse

long term no worried since now is cheap

Posted by Apple6Splus > 2016-03-03 20:04 | Report Abuse

Cheap is cheap, but dropping since last 2 quarter, cheap also no use. Long term Investor also shake their head....

Posted by kinfatt999 > 2016-03-03 22:48 | Report Abuse

no worry brother, wait until up

Posted by kinfatt999 > 2016-03-04 10:05 | Report Abuse

big gain today

Posted by masterwee > 2016-03-04 10:18 | Report Abuse

Sifu-sifu, http://www.bursamalaysia.com/market/listed-companies/company-announcements/5020729, does this means that the company will try to support the share price?

Posted by upsidedown119 > 2016-03-04 12:06 | Report Abuse

Of course!

Posted by LuckyG > 2016-03-04 12:09 | Report Abuse

no . masterwee . it only means they can if they want .

Posted by upsidedown119 > 2016-03-04 12:24 | Report Abuse

If they don't want to support the price, why should they get authority for share buy-back?

Posted by LuckyG > 2016-03-04 12:42 | Report Abuse

pls go check other counter . basically all share will get authority for share buy back . every year .

Posted by masterwee > 2016-03-04 14:43 | Report Abuse

I see, thanks for the info LuckyG.

Posted by upsidedown119 > 2016-03-04 15:03 | Report Abuse

Not all counters have share buy-back! Please go and check! But MRCB going up. So those who want to collect on the cheap by talking it down should get on now or miss the bus. If it closes above 1.20 today, the bus is heading towards 1.30!

Posted by masterwee > 2016-03-04 15:08 | Report Abuse

I hope u are right upsidedown119. fingers crossed.

Posted by masterwee > 2016-03-04 15:23 | Report Abuse

LuckyG, forgive my ignorance. may I ask why you say no share buy back until 90 cents cause the average target price is 1.57. Current price is only 1.20, seems a bit low compare to concensus right?

Posted by upsidedown119 > 2016-03-04 15:26 | Report Abuse

LuckyG. Share buy-back has many reasons. It can also occur when the share is trending up. In which case the reason may be to accumulate for bonus issue which will cost the company less than if the bonus issue is totally from new shares. Say if MRCB buys back at 1.20. At the time of bonus issue, the share price is 1.50. A bonus issue from both Treasury and new shares will minimise dilution for the share holders.

Posted by upsidedown119 > 2016-03-04 15:27 | Report Abuse

Don't forget the warrants. They are also at a low now!

Posted by firehawk > 2016-03-04 15:34 | Report Abuse

WA ex-price 2.30, premium >100%, too high alrdy!

Posted by LuckyG > 2016-03-04 15:37 | Report Abuse

yah super high now. but i think can bet if you can hold.

Posted by masterwee > 2016-03-04 15:50 | Report Abuse

LuckyG, do you mind to share your secret for waiting for the private issue? Is it because that in order to sweentened the deal for the private placement, the share price should go up to a level higher than the private place price? Is there an annoucement on the details of the private placement somewhere?

Posted by masterwee > 2016-03-04 16:04 | Report Abuse

OK. Done reading. Very useful information. Thanks a million.

Posted by upsidedown119 > 2016-03-04 16:53 | Report Abuse

masterwee, please give link for the announcement. Thanks.

Posted by masterwee > 2016-03-04 16:59 | Report Abuse

Sorry, upsidedown119, which annoucement are you referring to?

Posted by masterwee > 2016-03-04 17:00 | Report Abuse

You mean this http://www.thestar.com.my/business/business-news/2015/11/16/mrcb-to-raise-up-to-rm612mil-through-private-placement/

Posted by upsidedown119 > 2016-03-04 18:24 | Report Abuse

Thanks masterwee.

Posted by kinfatt999 > 2016-03-05 18:27 | Report Abuse

long term no worry since it cheap

Posted by valueinvestor > 2016-03-06 16:02 | Report Abuse

http://klse.i3investor.com/servlets/stk/ta/1651.jsp

Finally moved above its SMA 200

Posted by masterwee > 2016-03-07 09:31 | Report Abuse

what do you guys think about the movement of MRCB this week?