Posted by goldenamour > 2021-03-27 23:29 | Report Abuse

im not opposing his rights to speak and i do appreciate ppl to point out negative stuff (i alrdy sold off my stakes in mmc, waiting to buyback again only, so not really matter to me as of now), just dont spam the forum n make it hard for others to look through other info lol

Posted by BeginnerLearner > 2021-03-27 23:43 | Report Abuse

Constructive and substantiated critics welcomed, TCSS elsewhere please

Posted by pingdan > 2021-03-28 00:50 | Report Abuse

There is some error on the Senai airport freehold land.. I have amended the figures:

1) Entire Senai airport city - freehold land (831.714hectares = 89,524,946.417 sq ft) - calculate using RM45 per sq ft = RM4billion (based on sales per sq ft of Senai land on 2015), which is 1.23 times of MMC current market value. Not only this, the company owned 96.17 hectares of Freehold land in Pontian, 178,580 sq meters of Freehold land in Klang, 143.4675 hectares of Freehold land in Kulim and other leasehold lands not mentioned here.

2) Company owned 30.9% in Gas Malaysia Berhad, 37.6% in Malakoff Corporation Berhad and 39.24% in Zelan Berhad. Market value owned by the company is 30.9% x 3.39b + 37.6% x 4.275b +39.24% x 101mil = 2.695bil, which is 82.72% of MMC current market value

3) Port assets - assuming they listed their port. According to Bloomberg, they able to list their port on USD1billion, equivalent to RM4.15billion, which is 1.27times of MMC's current market value.

Posted by pingdan > 2021-03-28 00:54 | Report Abuse

I make it conservative on my valuation for Senai airport land.. if not later people scold me

Posted by OneSmallStep > 2021-03-28 01:17 | Report Abuse

Every one has right to opinion. And everyone has the right not to read...

Posted by vanbasten9 > 2021-03-28 09:55 | Report Abuse

@onesmallstep i see that you are holding GFM...for the past month it was a poster child for trading... Buy go up. Sell drop...its trend has been down past weeks after spectacular 40 percent rise before that....know your stock intimately but dont fall in love with it...

Posted by vanbasten9 > 2021-03-28 09:57 | Report Abuse

Mmccorp moves very erratic like a shrewd poker player but it always pull back after a surge....hint one anak still sleeping...

Posted by Willtolive > 2021-03-28 10:43 | Report Abuse

Boustead Cruise Centre does not only comprise a cruise terminal that caters for leisure and special vessels. It also has 70 acres of land that would be valuable to the new owners when they expand their ports.

According to Boustead, the company went into the cruise business with the hope of capturing a slice of the RM72 billion market in the region. However, stiff competition from regional cruise centres did not work in its favour. Boustead stated that even though the business was growing 11.5% from 2015 to 2019, the company was loss-making.

The Covid-19 pandemic dealt the killer blow, causing Boustead to dispose of the cruise centre. Cruise travel is unlikely to restart in the next few years even if there is mass vaccination. Memories of how passengers were stranded in ships for months when there was a Covid-19 outbreak in the vessels remain firmly etched in the minds of many.

The Edge first broke the story of the two port operators eyeing Boustead Cruise Centre last November. It marks the first time the two port operators, which are fierce competitors, are working together.

While Tan Sri G Ghanalingam’s Westport and Northport, which is ultimately owned by Tan Sri Syed Mokhtar Albukhary, grow their business in the downturn, it is a long haul for Boustead, which is saddled with debts amounting to RM7.9 billion.

Posted by Willtolive > 2021-03-28 10:47 | Report Abuse

Willtolive

Close up. Next 1.04>>1.07>>1.10

Mar 24, 2021 5:03 PM | Report Abuse

----------------------------------------------------------------------------------------------------------------------------------

Next. 1.07>>1.10>>1.13>>1.2>>1.29

Posted by Willtolive > 2021-03-28 10:49 | Report Abuse

Posted by vanbasten9 > Mar 28, 2021 9:57 AM | Report Abuse

Mmccorp moves very erratic like a shrewd poker player but it always pull back after a surge....hint one anak still sleeping...

---------------------------------------------------------------------

Vanbasten9. You do the anak, we do the ibu

Posted by OneSmallStep > 2021-03-28 12:39 | Report Abuse

@Vanbasten9 Yep, I have GFM. But, I hv taken some profits by selling part of my holding. I also added when it dropped to 28 sen and sold when up. Now I added more when it dropped again to 31 sen. So far, gfm has been good to me. Thank for your concern. I will take note of your advice.
As for MMC, its my dividend stocks..

Posted by RAYDALIO_MALAYSIA > 2021-03-28 13:11 | Report Abuse

"DRB-Hicom, Malakoff keen to invest in Pagoh Special Economic Zone — PM Muhyiddin | The Edge Markets" https://www.theedgemarkets.com/article/drbhicom-malakoff-keen-invest-pagoh-special-economic-zone-%E2%80%94-pm-muhyiddin

Posted by Willtolive > 2021-03-28 13:54 | Report Abuse

Support found. √
Rise from support √
Uptrend √
Next uptrend is dividend news √

Posted by petnch2020 > 2021-03-28 16:46 | Report Abuse

Pigdan,

Slight error on ur statement below:

3) Port assets - assuming they listed their port. According to Bloomberg, they able to list their port on USD1billion, equivalent to RM4.15billion, which is 1.27times of MMC's current market value.

They are not looking to list the port business at valuation of usd1bil. They actually want to raised from ipo usd1bil. The port valuation will depend on how much stake they are wiling to sell to raised that amount. Assuming they still want control of the port business, let say mmc is willing to sell 40% during ipo in order to end up with a controlling stake of 60%, that would value the port business at usd2.5bil or rm10bil (or around rm3.30 per share)

Below is an article on the potential ipo:

https://themalaysianreserve.com/2020/10/23/mmc-mulls-reviving-rm4-2b-malaysian-port-assets-ipo/

Posted by petnch2020 > 2021-03-28 16:48 | Report Abuse

Anyway, i do agree with u that mmc is really super undervalue when compared to the assets it holds and even when compared to its other peers.

Posted by information > 2021-03-28 17:26 | Report Abuse

Singapore navigating shipping squeeze, container congestion amid surge in cargo demand

26 March 2021

https://www.channelnewsasia.com/news/singapore/shipping-congestion-delays-singapore-port-cargo-demand-14480112

Port operator PSA Singapore said that like many other ports, it has been experiencing a surge in vessel calls and container volumes.
..........................


“This exceptional situation is due to a confluence of factors, including an unprecedented and volatile surge in cargo demand, congestion across all nodes in the global supply chain (including depots, warehouses and seaports) due to renewed lockdowns, a lack of usable empty containers while laden ones are held up longer at these nodes, and shipping lines’ vessel sailing schedule reliability dropping to 10-year historical lows, causing further delays at almost every seaport worldwide,” said a PSA corporate spokesperson.

Experts have also warned that Wednesday's (Mar 24) blocking of the Suez Canal - one of the world's most important trade routes - by a massive 400m-long cargo ship could also cause further bottlenecks in global shipping.

On Thursday, Singapore's Transport Minister Ong Ye Kung said that a prolonged disruption to the Suez Canal could result in PSA seeing further schedule disruptions as shipping lines reroute their journeys.

Mr Rupesh Jain, managing director for Maersk Thailand, Malaysia and Singapore said the shipping giant had experienced the “perfect storm” in global container trade over the past seven to eight months.

After seeing a double-digit volume decline in the second quarter of last year amid global lockdowns due to the COVID-19 pandemic, demand recovered in the third and fourth quarters of last year and “exceeded anticipated volumes much faster than expected”, he said.

“The upswing in demand was driven by a US-based demand surge with other markets following suit soon after due to a change in purchasing patterns and government stimulus packages,” said Mr Jain.

“All available vessels are in use and it is difficult to secure any temporary additional capacity,” he added.

Container production was also down 40 per cent for the first half of 2020 compared to the same period in 2019 which - coupled with unexpected demand recovery - led to a significant drop in the availability of containers globally, he noted.

Congestion, along with lower productivity at terminals and inland depots, with boxes being tied up for longer periods, have also led to bottlenecks, he added.

“As a major transhipment port for the Asia-Pacific region and key Asia-Europe trades, Singapore is not spared,” said Singapore University of Social Sciences’ (SUSS) maritime expert Yap Wei Yim.

“Mismatch between mainline and feeder vessels contributed to significantly longer lay over times for containers sometimes stretching even to weeks,” he said.

Capacity shortages are exacerbated by port congestion, disruptions to vessel schedules and disruptions to repositioning of empty containers, he said, adding that freight rates are being driven up as these problems persist.

Linerlytica analyst Tan Hua Joo noted that a shortage of port labour has also exacerbated Singapore’s situation.

Container demand is likely to remain high with the roll-out of vaccination programmes and the gradual recovery of the global economy, Dr Yap added

“Hence, unless supply issues in the form of capacity shortages are sufficiently addressed, we may see this development extending into the second half of 2021 and even into 2022,” he warned.
...............................


“Extra cargo handling capacity as a backup is needed,” she said, suggesting that more cargo handling facilities and container depots may be necessary to handle such situations.

Port operator PSA Singapore said it has been “ramping up additional capacity and resources, and is working closely with shipping line customers and cargo owners to alleviate the situation”.

"The port of Singapore has taken several steps to alleviate the congestion including taking on new labour from non-traditional countries like Thailand and India, and it has re-activated some of its inactive capacity in the Keppel and Brani terminals," noted Linerlytica's Mr Tan.

"It will also be able to use the new Tuas capacity from the end of this year," he added, referring to the opening of the first phase of the Tuas megaport facility.

Posted by information > 2021-03-28 17:28 | Report Abuse

By reading above i can only imagine another spectacular earning on Q1 21'by MMC CORP due to PTP

Posted by information > 2021-03-28 17:28 | Report Abuse

“Hence, unless supply issues in the form of capacity shortages are sufficiently addressed, we may see this development extending into the second half of 2021 and even into 2022,” he warned.

Posted by vanbasten9 > 2021-03-28 18:29 | Report Abuse

@ptcnch 2020 please circulate your info to black rock n super sized fund managers to whack mmcorp......

Posted by pingdan > 2021-03-28 18:38 | Report Abuse

Petnch2020: i not sure how much they want to raise.. How many percent they want to offer to the public.. it is just a news and rumour.. everything only combine when the IPO come out

Posted by vanbasten9 > 2021-03-28 18:56 | Report Abuse

IPO will rerate mmcorp. Cocktail party to inform super fund managers. Drink to RM 3 TP by 31/12'2021.

Posted by Willtolive > 2021-03-28 19:14 | Report Abuse

IPO. Preference for shareholders in the form of rights issue?

Posted by bobochacha > 2021-03-28 21:56 | Report Abuse

i assume this is positive news for MMC too.

https://www.theedgemarkets.com/article/drbhicom-malakoff-keen-invest-pagoh-special-economic-zone-%E2%80%94-pm-muhyiddin

whichever party win, MMC also win.

Posted by DepecheM > 2021-03-29 06:28 | Report Abuse

Cheap tickets offer is over... won't look back below 1.00 again

Posted by Willtolive > 2021-03-29 08:46 | Report Abuse

bobochacha. Govt and GLCs need to restart the economy by spending. Be sure to benefit by investing in the right GLCs

Posted by Willtolive > 2021-03-29 08:54 | Report Abuse

Next. 1.07>>1.10>>1.13>>1.2>>1.29

Posted by Superb99 > 2021-03-29 11:11 | Report Abuse

1day hero only...

Posted by Inv3st0r69 > 2021-03-29 11:33 | Report Abuse

stay put, real hero where got come out everyday hhaha.. but sure one one day got hero

Posted by Willtolive > 2021-03-29 11:41 | Report Abuse

Learn to hold and wait...rewards can come

Posted by Willtolive > 2021-03-29 11:42 | Report Abuse

Hero also need to find firm footing and wait for backup calvary

Posted by beluga > 2021-03-29 12:31 | Report Abuse

Guess where do all this export containers have to pass through?

https://www.theedgemarkets.com/article/malaysias-february-exports-jump-176-strongest-yoy-expansion-october-2018#

Posted by probability > 2021-03-29 13:09 | Report Abuse

Suez canal just opened...Ever Given is floated and moved aside!

Posted by Willtolive > 2021-03-29 16:20 | Report Abuse

Next 1.07>>1.10>>1.14>>1.19>>1.25

Posted by Willtolive > 2021-03-29 17:33 | Report Abuse

https://klse.i3investor.com/servlets/stk/chart/5246.jsp

Closed 5% lower

Posted by greedy44444 > 2021-03-30 00:19 | Report Abuse

Watch out for the first quarter window dressing on Wednesday ! MMC could spike up to 1.20-1.30 at the end of closing day.

Posted by CHLEONG888 > 2021-03-30 07:32 | Report Abuse

hopefully got declaration of good dividend in first week of April

Posted by greedy44444 > 2021-03-30 08:43 | Report Abuse

4.5 cents coming soon

Posted by greedy44444 > 2021-03-30 08:44 | Report Abuse

Dividend

Posted by Superb99 > 2021-03-30 10:44 | Report Abuse

when can this white elephant awake again....

Posted by greedy44444 > 2021-03-30 10:53 | Report Abuse

NTA 3.12 wuchang said hoot9eee kau kau

Posted by pingdan > 2021-03-30 14:51 | Report Abuse

Malaysia market sentiment really bad.. haiz

Posted by Pinky > 2021-03-30 15:13 | Report Abuse

Flavour of the moment seems to be safety and yield. Most of my stocks are solid esp the REITs

Posted by cg14134 > 2021-03-30 16:12 | Report Abuse

Share price behaviour hints of another shitty acquisition coming?

Posted by jgb349000 > 2021-03-30 16:40 | Report Abuse

Haha,cg,u may be rite.

Posted by Ghost1111 > 2021-03-30 16:41 | Report Abuse

world market index is red sea, so if u have bullets, collect at the right timing

Posted by Willtolive > 2021-03-30 16:46 | Report Abuse

Hold it tightly. Dividend is coming

Posted by Willtolive > 2021-03-30 16:48 | Report Abuse

cg14134... really 3 times lucky?

Posted by WBJS > 2021-03-30 17:13 | Report Abuse

@Ghost1111 Why my screen majority green?

Posted by Willtolive > 2021-03-30 17:29 | Report Abuse

Above rm 1.00.....Pinky still allowed in

Posted by cg14134 > 2021-03-30 17:52 | Report Abuse

Willtolive, hope not