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

Posted by hengonghuat88888888 > 2021-03-10 11:55 | Report Abuse

rst 1.25 can break or not

Posted by trumpgreatagain > 2021-03-10 12:45 | Report Abuse

I fully agreed with beluga....well say

limitupupup

1,466 posts

Posted by limitupupup > 2021-03-10 12:48 | Report Abuse

Strong and huge volume buying......

Posted by BULLBULL_BULL > 2021-03-10 12:48 | Report Abuse

Today I buy 62k MMC at 1.24 but very sad the price drop back to 1.20 ,
too excited
haizzz, i should wait patiently

Posted by RAYDALIO_MALAYSIA > 2021-03-10 12:52 | Report Abuse

I bought this morning at RM1.16...

beachboy

1,728 posts

Posted by beachboy > 2021-03-10 12:54 | Report Abuse

Aiya, i bought at 1.23. Hopefully 2nd half more power

limitupupup

1,466 posts

Posted by limitupupup > 2021-03-10 12:55 | Report Abuse

Sad? Ytd all saying can buy or not... And today is strong buying interest.....see u abv 1.50 soon

glorymas

32 posts

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

izit only me alone buy and plan to wait till next quarter result announce only decide to sell or keep? i see many like set target selling price and take profit like the company gotta close down real soon, u guys got other better option izit after sell off?

beachboy

1,728 posts

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

I am aiming for mid term investment for this counter. next QR release definitely will have better result compare to the past result.

Pinky

3,380 posts

Posted by Pinky > 2021-03-10 13:23 | Report Abuse

@glorymas my average cost only 80 sen, now at 1.20 I already profited 50%.

Of course planning exit already

Furthermore my main investment objective is for dividends

When MMC divvy yield falls below divvy yield of, say, IGBREIT (one of my fav REIT) at <4.0%, of course I will sell at least some lo

MMC 2019 divvy 4.5 sen
MMC 2020 interim divvy 1.5 sen. Final divvy still unknown

Assume final divvy 3.0 sen. FY2020 DY@RM1.20 = 3.75%
Assume final divvy 4.5 sen. FY2020 DY@RM1.20 = 5.0%

IGBREIT net yield now 4.40%

Let's ASSUME MMC FY2020 final divvy is 4.5 sen, so total 6.0 sen
4.40% DY is 0.06/0.044 = RM1.36

Pinky might trim position at RM1.36

beachboy

1,728 posts

Posted by beachboy > 2021-03-10 13:27 | Report Abuse

If today can break the rst then potentially break 1.3. let's see for 2nd half.

Posted by trumpgreatagain > 2021-03-10 13:30 | Report Abuse

I will follow Pinky trim position at RM1.36

Pinky

3,380 posts

Posted by Pinky > 2021-03-10 13:34 | Report Abuse

RM1.20 >>> RM1.36

Still got 13% to make

Hehehehehe

Posted by trumpgreatagain > 2021-03-10 13:34 | Report Abuse

We retail player must unity,sincerely sharing info like how n what pinky & dllkt always sharing to us
We can win like big fund as well

Superb99

6,589 posts

Posted by Superb99 > 2021-03-10 13:34 | Report Abuse

If fly too fast, it will gg fast too....hope it can steadily up

limitupupup

1,466 posts

Posted by limitupupup > 2021-03-10 13:35 | Report Abuse

today will retest 124 and breakout eventually to 130

limitupupup

1,466 posts

Posted by limitupupup > 2021-03-10 13:36 | Report Abuse

good company, uptrending, profit making, profit increasing, gogogo!!!!

Pinky

3,380 posts

Posted by Pinky > 2021-03-10 13:37 | Report Abuse

f total divvy 6.0 sen

And u bought today at 1.24

Fret not la, just keep for 4.838% dividend yield

Treat at FD lo

Posted by zulhanizam93 > 2021-03-10 13:41 | Report Abuse

Westport pe is around 20, mmc pe now around 10, seems still have room. Or not apple to apple comparison? Sorry if noob question

Pinky

3,380 posts

Posted by Pinky > 2021-03-10 13:42 | Report Abuse

@zulhanizam93

not apple to apple

1. Westports is 100% ports
2. MMC got Gas Malaysia, Malakoff, Alam Flora, constructions & engineering

Posted by John8882020 > 2021-03-10 13:44 | Report Abuse

Good time to collect more. 1.2 still good price

Posted by John8882020 > 2021-03-10 13:45 | Report Abuse

1.35 easy easy.

Posted by John8882020 > 2021-03-10 13:48 | Report Abuse

Buy more b4 1.3. Sure win

limitupupup

1,466 posts

Posted by limitupupup > 2021-03-10 13:51 | Report Abuse

i still remember everyone saying dnex is fking exp at 70sen, ermm today hit 89sen...... this is the next gem with delicious 5% dividend steadyy

Posted by John8882020 > 2021-03-10 13:51 | Report Abuse

NTA 3++ = less 60%on share price. High dividend 6 cents. No risk at all.

Posted by John8882020 > 2021-03-10 13:54 | Report Abuse

DNEX only for goreng. Mmc is different animal.

Pinky

3,380 posts

Posted by Pinky > 2021-03-10 13:56 | Report Abuse

DNEX:
T4Q P/E | EY: 1,752.00 | 0.06%

Speculative stock. Enuf' said.

Pinky

3,380 posts

Posted by Pinky > 2021-03-10 13:58 | Report Abuse

U buy MMC, if u kena trap, u still can treat as FD collect dividend which is comfortably above FD rates. At least more than double!

DNEX? U kena trap, ask for Buddha or Jesus also no use.

limitupupup

1,466 posts

Posted by limitupupup > 2021-03-10 14:02 | Report Abuse

foresee msm and datap and dnex ppl entering mmc..... see u 1.50 this week

Posted by trumpgreatagain > 2021-03-10 14:16 | Report Abuse

Pinky U buy MMC, if u kena trap, u still can treat as FD collect dividend which is comfortably above FD rates. At least more than double!

DNEX? U kena trap, ask for Buddha or Jesus also no use.
10/03/2021 1:58 PM

One of the best quote by Pinky...great!!!

Pinky

3,380 posts

Posted by Pinky > 2021-03-10 14:20 | Report Abuse

@trumpgreatagain not meaning to tease or laugh at taitaiwong, but I believe that is exactly what happened to him when he bought MMC at RM2.00+/-

You don't hear him complaining much because he still enjoying his dividends for the past few years :)

Posted by John8882020 > 2021-03-10 14:32 | Report Abuse

1.2 get trap? No way la.

beachboy

1,728 posts

Posted by beachboy > 2021-03-10 14:36 | Report Abuse

KYY KPS limit up, soon will be MMC, grab it before too late.

weimun88

104 posts

Posted by weimun88 > 2021-03-10 14:45 | Report Abuse

Puncak up >20%,another TS Syed Mokhtar share

beachboy

1,728 posts

Posted by beachboy > 2021-03-10 14:54 | Report Abuse

hope can break the rst today. go go go

Posted by trumpgreatagain > 2021-03-10 14:59 | Report Abuse

Pinky naughty

kancil850

292 posts

Posted by kancil850 > 2021-03-10 15:15 | Report Abuse

Next stop 1.4 yeehaa

Superb99

6,589 posts

Posted by Superb99 > 2021-03-10 15:27 | Report Abuse

never ending dumping above 1.2

ykyew11

488 posts

Posted by ykyew11 > 2021-03-10 15:38 | Report Abuse

Suddenly so weak, too many profit takers.

Superb99

6,589 posts

Posted by Superb99 > 2021-03-10 15:39 | Report Abuse

standby bullets at lower price, may have retracement soon

dusti

2,404 posts

Posted by dusti > 2021-03-10 15:47 | Report Abuse

Don’t touch now, mmc came up from. 77sen; let it retrace severely first. If. You buy now you will collect someone’s profit score. Be smart

Superb99

6,589 posts

Posted by Superb99 > 2021-03-10 15:49 | Report Abuse

heavy selling presuure today, this stock is over heated now...many times hit above 1.2 then gg

kancil850

292 posts

Posted by kancil850 > 2021-03-10 15:52 | Report Abuse

KYY Kps moon today. MMC moon tomorro?

pingdan

1,549 posts

Posted by pingdan > 2021-03-10 15:58 | Report Abuse

Still got a few catalyst to come:
1) Final Dividend payout which normally happen on April
2) IPO for port business (rumour from many years but dun know whether it will come out this year or not)
3) Gain for disposal of Red Sea Terminal (which have gain on disposal of RM150mil ++) and maybe special dividend for this
4) Good quarter result for Q1FY2021

Superb99

6,589 posts

Posted by Superb99 > 2021-03-10 16:01 | Report Abuse

most likely it will rest for few days then only rally again

ykyew11

488 posts

Posted by ykyew11 > 2021-03-10 16:06 | Report Abuse

Hope that this counter can emulate MSM somewhat.

beluga

282 posts

Posted by beluga > 2021-03-10 16:13 | Report Abuse

if you guys have confident in ports business like I do, go research about another Malaysia listed port business Suria Capital Bhd. To me it's another gem. As a matter of full disclosure, I have interest in Suria shares. I like port business for many reasons. One of them is that port is a country's strategic asset that's kinda monopoly and also I am familiar with it. When I was in UK I've witness the takeover of DP World of P&O Ports drama.... with US politicians against it ... with Singapore's PSA counter bid and caused P&O Ports share price shot through the orbit... Eventually Dubai won the bid but forced to divest of its US operations. It was about 15 years ago but still remember this high profile takeover case. Closer to home, we also had Tenaga takeover of Lumut port (Integrax Bhd) drama. Did I say I love ports ? :)

zaleha

42 posts

Posted by zaleha > 2021-03-10 16:15 | Report Abuse

where syed where mokhtar

Karlos

1,273 posts

Posted by Karlos > 2021-03-10 16:18 | Report Abuse

@ beluga, a good writeup to add to our understanding of port business.

Pinky

3,380 posts

Posted by Pinky > 2021-03-10 16:22 | Report Abuse

Furthermore with UMNO as kingmaker in PN (if they leave then PN hancur)

Syed Mokhtar businesses should have bright outlook

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