MMC CORPORATION BHD

KLSE (MYR): MMCCORP (2194)

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11 people like this.

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

Pinky

3,380 posts

Posted by Pinky > 2021-03-22 10:01 | Report Abuse

I reloaded a bit just now at 1.12

Earned enough at JOHOTIN, don't like the latest quarterly report. Took profit and exited.

tiongkeat

405 posts

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

it seem possible to become penny stock agian. i will enter again if it back 0.80-0.88

Posted by nagasaran93 > 2021-03-22 10:03 | Report Abuse

retrace until no tomolo, bye lapsap counter

cg14134

500 posts

Posted by cg14134 > 2021-03-22 10:05 | Report Abuse

I am very allergic to "bail-out" type of transaction. Kena kow kow on UEM during the 97-98 crisis...The current one smells a bit, but not so bad...

Pinky

3,380 posts

Posted by Pinky > 2021-03-22 10:08 | Report Abuse

When ikan bilis start to give us is when recovery is at sight hehehe

tiongkeat

405 posts

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

@nagasaran93, first place, if you think this is rubbish stock, you should not comment at this forum at all.

tiongkeat

405 posts

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

when you comment this is lapsap stock, mean you are also lapsap, as you bought and comment. lol

Pinky

3,380 posts

Posted by Pinky > 2021-03-22 10:11 | Report Abuse

What bailout? Go read the news and the HL and AmInvest report.

They are buying out the business WITHOUT assuming its debts and liabilities.

Superb99

6,589 posts

Posted by Superb99 > 2021-03-22 10:14 | Report Abuse

1.08 only...too bad

pingdan

1,549 posts

Posted by pingdan > 2021-03-22 10:15 | Report Abuse

Added another batch in 1.08.. nice shake off..

pingdan

1,549 posts

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

Come come more sell off.. the more u drop i buy more.. treat it as dividend share.. i willing to add more if u drop more

harold8990

349 posts

Posted by harold8990 > 2021-03-22 10:16 | Report Abuse

collected a bit at 1.09

Pinky

3,380 posts

Posted by Pinky > 2021-03-22 10:18 | Report Abuse

Now my MMC average buy-in cost is 84.6 sen

5.32% dividend yield on cost. Mana mau cari hehehe

pingdan

1,549 posts

Posted by pingdan > 2021-03-22 10:23 | Report Abuse

Weak holder please sell off ur so called lapsap share

Edddddd

77 posts

Posted by Edddddd > 2021-03-22 11:49 | Report Abuse

lai drop more please, so that i can collect more

JP01

456 posts

Posted by JP01 > 2021-03-22 12:17 | Report Abuse

Kong liao mai luan luan lai! No free lunch buy when is cheap, Continue to que at 1.08/1.06/1.03. 1.08/1.05/1.03

JP01

456 posts

Posted by JP01 > 2021-03-22 12:24 | Report Abuse

If below 1 better, 0.98/0.96/0.94

bobochacha

536 posts

Posted by bobochacha > 2021-03-22 12:49 | Report Abuse

mmc only buy the land and asset not the debt and liability. should be good news.. ong mali mali ong.

Posted by Start_0f_the_bull > 2021-03-22 13:44 | Report Abuse

Boustead NTA is 174c. RM115 million for 184 million shares is equivalent to 63c per share therefore it is still 74% discount. Not a bad deal for MMC and Westport Holdings.

sanjanx

112 posts

Posted by sanjanx > 2021-03-22 14:48 | Report Abuse

wait below 50 cents better. Then sell your panties, house, land and buy it. Better isn't' it?
Posted by JP01 > Mar 22, 2021 12:24 PM | Report Abuse

If below 1 better, 0.98/0.96/0.94

Posted by John8882020 > 2021-03-22 15:50 | Report Abuse

Just collect. Very cheap price with high dividend.

Pinky

3,380 posts

Posted by Pinky > 2021-03-22 15:58 | Report Abuse

If drop below RM1.00 I quit MMC group at i3!!!

MaxGGG

251 posts

Posted by MaxGGG > 2021-03-22 16:01 | Report Abuse

thought it was a minor correction... but continue dropping

hoesong

121 posts

Posted by hoesong > 2021-03-22 16:01 | Report Abuse

WAIT U at 0.90

Superb99

6,589 posts

Posted by Superb99 > 2021-03-22 16:03 | Report Abuse

1.1 is another support but break below now...price is not sustainable

Posted by Start_0f_the_bull > 2021-03-22 16:07 | Report Abuse

Back to 84c?

vanbasten9

1,143 posts

Posted by vanbasten9 > 2021-03-22 16:08 | Report Abuse

OMG what happened ? Very painful this yes ? My sympathies

sanjanx

112 posts

Posted by sanjanx > 2021-03-22 16:14 | Report Abuse

FU!

Posted by hoesong > Mar 22, 2021 4:01 PM | Report Abuse

WAIT U at 0.90

JP01

456 posts

Posted by JP01 > 2021-03-22 16:14 | Report Abuse

Wah Siok! 1.03 dapat lagi, so continue que 0.98/0.96, Happy Day.

keown83

627 posts

Posted by keown83 > 2021-03-22 16:17 | Report Abuse

wow..what a big shake off..this is going to be a long term recovery

Manin40

542 posts

Posted by Manin40 > 2021-03-22 16:20 | Report Abuse

NTA 3.00 , yeah, technical adjustmnt

Manin40

542 posts

Posted by Manin40 > 2021-03-22 16:21 | Report Abuse

offer ends...

Pinky

3,380 posts

Posted by Pinky > 2021-03-22 16:24 | Report Abuse

Later 4.49PM see what price I can get hehehe

Hl123456

221 posts

Posted by Hl123456 > 2021-03-22 16:25 | Report Abuse

no worries..stable co with profit every year. under value and waiting for correct moment to move up again..

JP01

456 posts

Posted by JP01 > 2021-03-22 16:27 | Report Abuse

No intention to annoyed anyone, this counter fly 60% from 0.78 to 1.26, this is stock market, those bought at 0.8 - 0.85 should consider to take profit at 1.15-1.25, look at history of the chart, uptrend candle for monthly chart have never exceed 60cent for a single candle.

vanbasten9

1,143 posts

Posted by vanbasten9 > 2021-03-22 16:27 | Report Abuse

Can I start buy c23 again can ?

tiongkeat

405 posts

Posted by tiongkeat > 2021-03-22 16:29 | Report Abuse

keep for Dividend ma.

Pinky

3,380 posts

Posted by Pinky > 2021-03-22 16:31 | Report Abuse

@JP01 that is why I took profit at 1.21 lo

Today I just re-entered at 1.12

sanjanx

112 posts

Posted by sanjanx > 2021-03-22 16:34 | Report Abuse

what you talking about. So 10 years down the road MMC still stuck at 0.85-1.25? So how are you going to value a company which is making profit? Once you sold at 1.20-1.25 your TP, then wish it to go lower so that you can collect? Thats why Bursa point never go up above 1800. Never because people with mindset like you.
Posted by JP01 > Mar 22, 2021 4:27 PM | Report Abuse

No intention to annoyed anyone, this counter fly 60% from 0.78 to 1.26, this is stock market, those bought at 0.8 - 0.85 should consider to take profit at 1.15-1.25, look at history of the chart, uptrend candle for monthly chart have never exceed 60cent for a single candle.

vanbasten9

1,143 posts

Posted by vanbasten9 > 2021-03-22 18:06 | Report Abuse

I did Warned against deep state coma guys...

Pinky

3,380 posts

Posted by Pinky > 2021-03-22 18:09 | Report Abuse

Let's see a technical rebound tomorrow :)

Pinky

3,380 posts

Posted by Pinky > 2021-03-22 18:17 | Report Abuse

U cannot expect all stocks to shoot up indefinitely la

This correction is foreseen

But I don't think will return to penny stock la

pingdan

1,549 posts

Posted by pingdan > 2021-03-22 18:20 | Report Abuse

Vanbasten: u so pandai... why didnt warn us when mmc is going up from 0.83 to 1.2?

Pinky

3,380 posts

Posted by Pinky > 2021-03-22 18:32 | Report Abuse

@pingdan

I saw a lot of uncles at Genting that always tell people things like this...

"See? I told you this is gonna be a long banker win streak! You no listen to me only..."

:)

cg14134

500 posts

Posted by cg14134 > 2021-03-22 19:00 | Report Abuse

Transactions pace picking up. All it takes is one lousy deal to destroy confidence....

monorail

78 posts

Posted by monorail > 2021-03-22 19:09 | Report Abuse

MMC CORPORATION BERHAD (“MMC” OR THE “COMPANY”)
PROPOSED ACQUISITION OF 2,500,000 ORDINARY SHARES REPRESENTING 50% EQUITY
INTEREST IN RETRO HIGHLAND SDN BHD (A JOINT-VENTURE COMPANY BETWEEN
TRADEWINDS CORPORATION BERHAD AND S P SETIA BERHAD) BY MMC LAND SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF MMC, FROM TRADEWINDS CORPORATION BERHAD

No wonder the price goes down. Somebody already know TSSM will be disposing his other business into MMC.

cg14134

500 posts

Posted by cg14134 > 2021-03-22 19:14 | Report Abuse

TSSM has a lousy track record when it comes to looking after minority interests.

bobochacha

536 posts

Posted by bobochacha > 2021-03-22 19:18 | Report Abuse

shit bailout again, people housing project , no money earn and DBKL award them nice land in return. good meh??

cg14134

500 posts

Posted by cg14134 > 2021-03-22 19:21 | Report Abuse

Just look at the BCC transaction, the results were disclosed up to FY19 only. You should ask WHY!? FY20 results should be A LOT WORSE than FY19 due to Covid and the nature of the cruise biz. By now 4Q20 and FY20 results should be available already. Omission by convenience or they just try to avoid shocking minority shareholders?

pingdan

1,549 posts

Posted by pingdan > 2021-03-22 19:41 | Report Abuse

Really funny lo cg14134.. they buy this company because of the land not the business.. do you have command sense before comment?

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