MMC CORPORATION BHD

KLSE (MYR): MMCCORP (2194)

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Last Price

1.99

Today's Change

0.00 (0.00%)

Day's Change

1.99 - 2.00

Trading Volume

10,938,600


11 people like this.

9,258 comment(s). Last comment by SincereStock 2021-12-25 16:07

Jokers2020

2,006 posts

Posted by Jokers2020 > 2021-03-05 10:36 | Report Abuse

waiting buy queue at 1.00...come come to me

beluga

282 posts

Posted by beluga > 2021-03-05 10:50 | Report Abuse

sold Suria Capital (Sabah ports) to add more MMC. In port we trust indeed.

ykyew11

488 posts

Posted by ykyew11 > 2021-03-05 11:21 | Report Abuse

A lot of profit takers today, hopefully it stays above RM1.

Jokers2020

2,006 posts

Posted by Jokers2020 > 2021-03-05 11:22 | Report Abuse

yeah 1.00 coming ..

Pinky

3,421 posts

Posted by Pinky > 2021-03-05 11:22 | Report Abuse

hahahahaha taitaiwong ♥ ♥ ♥

ykyew11

488 posts

Posted by ykyew11 > 2021-03-05 11:24 | Report Abuse

Damn, hope I didn't jinxed it.

Pinky

3,421 posts

Posted by Pinky > 2021-03-05 11:25 | Report Abuse

If it drop to 0.995, I buy 1 lot to push back up to 1.00!!! XD

Jokers2020

2,006 posts

Posted by Jokers2020 > 2021-03-05 12:43 | Report Abuse

yess..my 1.00 buy matched...Friday as usual profit taking...

beluga

282 posts

Posted by beluga > 2021-03-05 14:29 | Report Abuse

I wonder where does the volume come from? to have such high voltage trading volume....

wehcant

1,259 posts

Posted by wehcant > 2021-03-05 15:00 | Report Abuse

MMCCORP is taking a breather. Good.

Posted by VIinvestor > 2021-03-05 15:05 | Report Abuse

I trust MIDF's research. Most of the time they are right. They had got it right on MSM,

https://www.theedgemarkets.com/article/midf-expects-msm-turn-around-fy21-upgrades-buy

They will get it right with MMCCorp as well.

Not to mention the execution of all pent up orders due to the high shipping fees and lack of shipping containers these past few months. When all goes back to normal, MMC is going to see another good quarter again.

Any buy at this price is extremely undervalued.

My two cents.

Posted by Start_0f_the_bull > 2021-03-05 15:33 | Report Abuse

PE ratio is less than 5 now but why still people selling it down? If it is not profit taking what else?

kingpuk91

72 posts

Posted by kingpuk91 > 2021-03-05 15:37 | Report Abuse

MMC all the way. Way undervalued stocks. Good to invest.

Pinky

3,421 posts

Posted by Pinky > 2021-03-05 17:12 | Report Abuse

Congrats to those who did not panic and sell out today

wehcant

1,259 posts

Posted by wehcant > 2021-03-05 17:13 | Report Abuse

Sobs, sobs.

Willtolive

400 posts

Posted by Willtolive > 2021-03-05 17:20 | Report Abuse

Still holding. Waiting for good news. KLCI 1600 points.

Jokers2020

2,006 posts

Posted by Jokers2020 > 2021-03-05 18:38 | Report Abuse

mmc not a goreng stock.eventhough every qtr making profit it will go up slowly.i am having mmc in my portfolio since last year n letting the gain rollon

Pinky

3,421 posts

Posted by Pinky > 2021-03-05 18:56 | Report Abuse

@Jokers2020 then what explains the crazy surge past 3 days?

vanbasten9

1,143 posts

Posted by vanbasten9 > 2021-03-05 19:37 | Report Abuse

Mmc is a goreng stock. The boosa brothel carnival has arrived at PTP.

greedy44444

2,494 posts

Posted by greedy44444 > 2021-03-05 20:06 | Report Abuse

1.30 coming next week...get ready guys !

greedy44444

2,494 posts

Posted by greedy44444 > 2021-03-05 20:19 | Report Abuse

NTA 3.12 ! Price at 1.02 is way too cheap to ignore. Furthermore just posted profit of around 200k !! Buyyyyy....

Posted by goldenamour > 2021-03-05 20:56 | Report Abuse

@pinky, could be net profit for FY20 YOY 40+% increase, from 300mil to 445 mil, plus good sentiment to value/traditional business. Tech stocks dropped alot while value stocks on the rise

vanbasten9

1,143 posts

Posted by vanbasten9 > 2021-03-05 21:00 | Report Abuse

The most valuable value blue chip. Will settle at RM 1.5 half of NTA...march is a big month

Pinky

3,421 posts

Posted by Pinky > 2021-03-05 21:41 | Report Abuse

Hmm yeah, I've never liked growth stocks like tech stocks. Wonderfully high P/E with virtually n dividends. Those are purely buying on hope, just like glove recently. Game of musical chairs or like a pyramid scheme. The moment there is no more new players joining it will all collapse.

That's why I always look to dividends.

Dividend investing is like buying a property with secure tenant and rental income.

High growth investing is like buying a fancy high end property, hoping there will be buyers who will keep supporting the marker.

Pinky

3,421 posts

Posted by Pinky > 2021-03-05 21:42 | Report Abuse

*supporting the market

vanbasten9

1,143 posts

Posted by vanbasten9 > 2021-03-05 22:42 | Report Abuse

RM 1.5 then deal. Pinky you're so kinky.

DLLKT

289 posts

Posted by DLLKT > 2021-03-05 23:00 | Report Abuse

I am back!

DLLKT

289 posts

Posted by DLLKT > 2021-03-05 23:02 | Report Abuse

*Why MMC Corporation Berhad categorized as SUPER STOCK ?*

1) *PROFIT TRACK RECORD*
Consistent profit track record for the past 15 financial years!!!(financial year 2020 better than 2019 and expected 2021 will be better than 2020)

2) *DIVIDEND TRACK RECORD*
Never fail to pay out dividend for the past 15 financial years!!! (The dividend pay out increase each year start from 2019, 2020 and expected 2021 dividend will be higher than 2020)

3) *GOOD BUSINESS MODEL*
Simple to understand business model which consisted of
PORT business, UTILITIES business &
Airport business

3) *ECONOMY MOAT*
Through MMC monopoly at PORT & ULITILTIES segment!!!   
##MMC Port business control more than 50% business in Malaysia 
##MMC Power generation business is biggest in Malaysia   
##MMC Gas business is almost solely distributor in Malaysia   

4) *INTERGRITY & STRONG MANAGEMENT TEAM* Datuk Seri Che Khalid (Former Tenaga MD)   

5) *HUGE SAFETY OF MARGIN*
Current price RM1.05 which is well below NTA of RM3.12 & just take at Westport market capitalization of RM14.5bil compare wth MMC market capitalization which only RM3.26bil and some more MMC TEU handling capacity is 50% higher than Westport (MMC truly shouting undervalue!)

6) *STRONG SHAREHOLDER*
Few major shareholders such as Tan Sri Syed Mokhtar & PNB

7) *RECESSION PROOF BUSINESS MODEL*
MMC PORT business, UTILITIES business &
Airport business
can CONFIDENTLY survive this HEALTH CRISIS of Covid-19 pandemic & proven by registered increase profit for financial year 2020 end 31 December 2020

8) *STRONG FINANCIAL POSITION*
Cash level continue to increase & debt level continue to decrease (comparison between financial year 2018, 2019 and latest 4th quarter result of 2020)

9) *LOW INTEREST RATE*
Additional big boost to MMC wth financing cost saving at loan interest payment

10) *UNDERVALUE NONE CORE BUSINESS*
Super undervalue none core business such as Senai land, Tanjung Bin land , Kulim land & Smart highways which is super undervalue if compare to the book value at MMC!!!

11) *BIG CONTRACT* MMC & its counterpart in Engineering will be beneficiary and frontrunner for MRT 3 and if government reviving the HSR or introduce any mega project under government economy prime pumping initiative

12) *OVERSEA EXPANSION*
Possible oversea asset acquisition base on MMC strength in term of financially and experiences

13) *NO SHARE DILUTION*
MMC never undertake any right issue, cash call or private placement for whole entire 15 years history!!!

14) *PRIVATISATION*
Potential major shareholder take it private (dont write off this possibility due to MMC current price well below its book value!!!) 

15) *NATIONAL INTEREST*
Port consider one of the National Interest Asset which MMC control almost 50% in Malaysia
namely Port of Tanjung Pelepas, North Port, Penang Port, Beruas Port & Johor Port

16) *MONETISE ASSET*
Port listing by 4th quarter of this year and expected value MMC Port business at RM10 bil

*My latest target price for MMC Corporation Berhad is RM2 by this year*

DLLKT

289 posts

Posted by DLLKT > 2021-03-05 23:07 | Report Abuse

My comment above does not represent any buy or sell call, invest at your own risk! I have made SHOUTING BUY on MMC since early last year

DLLKT

289 posts

Posted by DLLKT > 2021-03-05 23:08 | Report Abuse

Happy investing, stay confident, stay patient and let the profit grow to the max
CHEERS!

vanbasten9

1,143 posts

Posted by vanbasten9 > 2021-03-05 23:16 | Report Abuse

DLLKT to be our premier

SandCoffee

113 posts

Posted by SandCoffee > 2021-03-05 23:19 | Report Abuse

Hi Guys. What's the difference between Bonus Issue and Share split?

speakup

26,545 posts

Posted by speakup > 2021-03-05 23:25 | Report Abuse

share split, share price no up
bonus issue, share price up 10%

DLLKT

289 posts

Posted by DLLKT > 2021-03-05 23:28 | Report Abuse

pls click on my profile and check on my previous posting and comments

hope you all can benefit from it

DLLKT

289 posts

Posted by DLLKT > 2021-03-05 23:29 | Report Abuse

cheerrsss

God bless

SandCoffee

113 posts

Posted by SandCoffee > 2021-03-06 00:28 | Report Abuse

@speakup - Oh really. So why, any reason?

vanbasten9

1,143 posts

Posted by vanbasten9 > 2021-03-06 00:32 | Report Abuse

Hsr kl jb. Mmccorp will get this RM 1.5 for sure

henry888

2,247 posts

Posted by henry888 > 2021-03-06 08:02 | Report Abuse

Dow jones rise more than 600 points coupled with good local sentiment, opine this coming week Bursa will have bull run....

vanbasten9

1,143 posts

Posted by vanbasten9 > 2021-03-06 09:56 | Report Abuse

RM 1.5

Pinky

3,421 posts

Posted by Pinky > 2021-03-06 10:08 | Report Abuse

@speakup I hope you are only trolling

@SandCoffee go Google

I give u a layman illustration

A, B, C and D owns 25 shares in XYZ Berhad each, so that's 100 shares in total.
XYZ Berhad net asset value is RM100,000
Each share is worth RM1,000
A's shareholding is worth 25 x RM1,000 = RM25,000

Share split:
XYZ Berhad do a 2-to-1 share split.
A, B, C and D will have 50 shares each now, by every 1 share split into 2.
Total shares now 200.
XYZ Berhad is still a RM100,000 company.
Each share is worth RM500 now.
A's shareholding is worth 50 x RM500 = RM25,000

Bonus issue:
XYZ Berhad do a 3-for-1 bonus issue.
That means for every 1 share you currently holding, you get another 3.
A, B, C and D will have 100 shares each now.
Total shares now 400.
XYZ Berhad is still a RM100,000 company.
Each share is worth RM250 now.
A's shareholding is worth 100 x RM250 = RM25,000

The only good thing of such issues is to make the share "cheaper", more liquid. Nothing else changes.

Willtolive

400 posts

Posted by Willtolive > 2021-03-06 10:13 | Report Abuse

The difference between split and bonus is the value of share in bonus is not reduced, say from rm1 par value to 50 sen par value.

Pinky

3,421 posts

Posted by Pinky > 2021-03-06 10:14 | Report Abuse

That is why I always feel the urge to slap people who tell me

"Wah, this share is so expensive...I buy that share better, cheaper, I can get more..."

Pinky

3,421 posts

Posted by Pinky > 2021-03-06 10:17 | Report Abuse

@Willtolive par value is meaningless to investors.

In fact, many are already proposing to do away with the concept of par value.

Book Value per share is solidly supported by audited, reported numbers.

Whereas Market Value per share is what you are getting.

Par value? Just a formality of the past.

Posted by Start_0f_the_bull > 2021-03-06 10:30 | Report Abuse

Pinky is one of those who can give valuable comments. Best! Thank you.

vanbasten9

1,143 posts

Posted by vanbasten9 > 2021-03-06 10:52 | Report Abuse

RM 1.5 next week bull run. Celana koyak kena pijak kerbau

JP01

456 posts

Posted by JP01 > 2021-03-06 11:03 | Report Abuse

1.3 should be the FV before dividends announcement, hold your tickets.

vanbasten9

1,143 posts

Posted by vanbasten9 > 2021-03-06 11:14 | Report Abuse

1.3 next week is good 1.5 minimum 2021

vanbasten9

1,143 posts

Posted by vanbasten9 > 2021-03-06 11:15 | Report Abuse

DLLKT is grandfather and ancestor to us all here

vanbasten9

1,143 posts

Posted by vanbasten9 > 2021-03-06 11:15 | Report Abuse

DLLKT is the true orang asli here we are all kaki pendatang

Pinky

3,421 posts

Posted by Pinky > 2021-03-06 11:30 | Report Abuse

IF final dividend announce 4.5 sen, total 2020 dividend 1.5 sen + 4.5 sen = 6.0 sen...

RM0.06 / 0.0375 = RM1.60 exit price

3.75% targeted yield

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