MMC CORPORATION BHD

KLSE (MYR): MMCCORP (2194)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

Today's Change

Day's Change


Trading Volume



11 people like this.

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

tatwaiwong

276 posts

Posted by tatwaiwong > 2021-04-03 19:48 | Report Abuse

MRT2首阶段完成97% 料8月开始通车载客

(吉隆坡3日讯)捷运2号线(MRT 2)的第一阶段完成度高达97%,预计在今年8月开始通车载客。

交通部长拿督斯里魏家祥对于捷运2号线的第一阶段的准备程度感到十分满意。

他今日巡视捷运2号线的第一阶段的准备进度后,在记者会上如是指出。



魏家祥今日从斯里白沙罗中环站乘搭捷运2号线,前往甘榜峇都站,视察准备程度。

捷运2号线的路线是从桂莎白沙罗站到布城中环站,共计24站,总长57.7公里,整体工程进度为87%,预计在2023年1月开始载客。

在今年8月开放的第一阶段的路线是从桂莎白沙罗站到甘榜峇都站,共计12站,总长17.5公里。


“我相信大马捷运公司的表现,可以在预定日期完工。”

他说,在捷运2号线完工后,紧接著就是捷运3号线的策划。

原本的捷运2号线的造价是393亿5000万令吉,然后前朝政府将价格压低至305亿3000万令吉。


“虽然看起来造价减少90亿令吉,但是其范围也被减少,这些部分也会在未来的施工阶段获得补足。”

他说,捷运2号线接下来有一段工程非常有挑战性,因为需要挖开随道,但已经完工。

Posted by kingkaito99 > 2021-04-03 19:48 | Report Abuse

this stock is heavily discounted one

jgb349000

492 posts

Posted by jgb349000 > 2021-04-03 21:43 | Report Abuse

Rm2 coming

probability

14,460 posts

Posted by probability > 2021-04-04 12:46 | Report Abuse

Wee: Cabinet gives green light to MRT3 line suspended by Pakatan govt

3rd April 2021

https://www.youtube.com/watch?v=FscXcurywy4


Kuala Lumpur plans for metro line three

19th Nov 2020

https://www.tunneltalk.com/Malaysia-19Nov2020-MRT3-plans-for-Kuala-Lumpur-metro-are-proceeding.php

At about 40km long, Line 3 was in planning and design under the previous national government administration of Malaysia and has an estimate of US $11 billion, with a significant section in the centre of Kuala Lumpur running underground. The line was planned as a circle line to integrate the public transport system in the Klang Valley (Fig 1).

At the end of 2018, the MMC-Gamuda JV, which completed Line 1 and is currently completed Line 2, resubmitted an alternative proposal for MRT Line 3.

The proposal stated construction could take place in several phases, with the first phase costing about $5 billion.

stockraider

31,556 posts

Posted by stockraider > 2021-04-04 12:59 | Report Abuse

Election is coming....b4 can award any contract...A new govt will be coming in mah...!!

probability

14,460 posts

Posted by probability > 2021-04-04 13:12 | Report Abuse

Third MRT line approved

https://www.thestar.com.my/news/nation/2021/04/04/third-mrt-line-approved

"Dr Wee, who congratulated MRT Corp, turnkey contractor MMC Gamuda, and other contractors for the good progress under Phase 1, said the Putrajaya line covered some of the mostly densely populated areas such as Sri Damansara, Kepong, Jinjang and Kampung Batu, and would bring much benefit to the people."

pingdan

1,549 posts

Posted by pingdan > 2021-04-04 13:21 | Report Abuse

Q3 started on july 2021..the earliest cabinet dissolved on aug 2021. If change of government also hard to stop the project

cg14134

500 posts

Posted by cg14134 > 2021-04-04 13:45 | Report Abuse

Worst is over and ready to "cheong"!

stockraider

31,556 posts

Posted by stockraider > 2021-04-04 13:47 | Report Abuse

Remember what a mess can do to construction industry due to a change of govt, just refer back to 2018 situation loh!

Latok K

98 posts

Posted by Latok K > 2021-04-04 15:20 | Report Abuse

GAP UP esok

Willtolive

363 posts

Posted by Willtolive > 2021-04-04 15:45 | Report Abuse

speculation

probability

14,460 posts

Posted by probability > 2021-04-04 21:19 | Report Abuse

https://themalaysianreserve.com/2018/01/24/mmc-gamuda-gkent-strong-contender-mrt3/

“MMC-Gamuda’s expertise in tunnelling work bodes well for its chances, as 80% of MRT3’s alignment would be underground,” RHB Research noted in a report on Monday.

The consortium members have under their belts experience as the PDP in two prior MRT lines, the LRT3, as well as tunnelling works for MRT1 and MRT2.

Tunnelling experience and the ownership of tunnel-boring machines are key advantages of the MMC-Gamuda-GKent JV, RHB Research added, considering that 80% of works are slated to be underground works and the remaining 20% are elevated works.

DepecheM

810 posts

Posted by DepecheM > 2021-04-05 05:19 | Report Abuse

RM2 easily achievable... this stock should worth more than that... am going to keep for one year at least to see better ROI

Posted by nagasaran93 > 2021-04-05 10:21 | Report Abuse

i wonder where all sifu shout topup at rm1-1.02 and bla bla bla. all went missing. lapsap counter ahahahahahaha facepup. show me if rm2 then talk lol, rubbish counter

Posted by flippiwippi > 2021-04-05 10:31 | Report Abuse

Not for day traders. good for investors.

Pinky

3,380 posts

Posted by Pinky > 2021-04-05 10:42 | Report Abuse

5.0 sen at RM1.06 i.e. 4.72% dividend yield for a port+utilities+engineering stock

apa lagi u mau?

pingdan

1,549 posts

Posted by pingdan > 2021-04-05 11:03 | Report Abuse

funny lo nagasaran93.. we hold for mid to long term.. no need to cheer everyday.. like nagasaran3, lapsap ppl talking lapsap every day..

JP01

456 posts

Posted by JP01 > 2021-04-05 11:04 | Report Abuse

Be patient la, don't expect buy today and make 20-30% the next day, I bought back at 1 and I'm happy :)

sakurako

204 posts

Posted by sakurako > 2021-04-05 11:18 | Report Abuse

gamuda up mmc down... someone keep pressing the price ah

Posted by nagasaran93 > 2021-04-05 11:58 | Report Abuse

accept the fact, back to penny soon hahahahaha, i eating popcorn and see more movie

Posted by nagasaran93 > 2021-04-05 12:02 | Report Abuse

hahaha soon epf come in and press more down further

jgb349000

492 posts

Posted by jgb349000 > 2021-04-05 12:19 | Report Abuse

Nagasaran if u hv no interest in this stock,,pls get lost n look for a better stock..dont be a mental patient here.

Posted by nagasaran93 > 2021-04-05 12:27 | Report Abuse

hahahaha good QR/ dividend, doesn't reflect on shared price. waiting to press further movie like glove story =)

Posted by coffeesheep > 2021-04-05 12:49 | Report Abuse

When a dog barks at u, will u bark back? Of course no, so guys, just ignore this nagasaran93

Posted by kingkaito99 > 2021-04-05 12:51 | Report Abuse

well you can stick to that opinion of yours nagasaran cause this stock is for mid/long term peeps not for scared people like you

Posted by Kingfisher > 2021-04-05 14:44 | Report Abuse

Dr.Wee,congraduated MRT Corp,Turkey contractor MMC- Gamuda, which completed Line 1, Line 2, and will most likely, get Line 3 which is a US$11b project !!!
Let us compare Gamuda snd MMC, both are very well-established giant companies in their own business..
Gamuda..biggest construction company in Msia and Hwy Toll Collector..
MMC ..biggest ports operator controlling 50% of Msia import and export plus owner of power plants and Gas Msia and very valuable Johore Airport with its thousands acres of surrounding land worth many billions !!!
Gamuda made net profit of $233m in its latest half yr.
So, annualised it might make $464m this yr.
MMC made net profit of $375m last yr or less profit than Gamuda by $89m or less by 19% ..
Market cap of Gamuda is $9.2b !!!
Market cap of MMC is $3.1b only !!!!
Gamuda only made 19% more than MMC but it is 3 times more expensive than MMC.
How come ?? It's true..Either Gsmuda is overvalued or MMC is too Cheap !!!
WELL, I woild say that MMC is very very cheap, severely UNDERVALUED STOCK in whole klse !!!
Time to Buy..
It's Chance of a life time !!!
Note :This yr is a recovery yr, MMC busiess n profit will sure recover faster.
MMC 4th.q net profit of last yr increased to $179m from $68m in 2019 Assuming it can make such profit in every.q of this yr.it will make 4×$179m =$716m !!Thus its eps will be $719m ÷ 3000 m shares =$0.24
Wao; Wao..Wow..eps is 24 ct !!!
At pe 10, Share Price will rise to $2.40 !!!
At pe 15, Share Price will reach $3.60 !!!
Wait and See...

ykyew11

488 posts

Posted by ykyew11 > 2021-04-05 15:53 | Report Abuse

Interesting that this counter is in the red while Gamuda is green, I wonder what is up.

Posted by information > 2021-04-05 21:33 | Report Abuse

Possible infrastructure boost for MMC Corp

https://www.thestar.com.my/business/business-news/2020/11/03/possible-infrastructure-boost-for-mmc-corp

The revival of infrastructure projects such as the mass rapid transit line 3 (MRT3), high-speed rail (HSR) project and the East Coast Rail Link (ECRL) would be a boon for MMC Corp Bhd.

AllianceDBS Research said chances of the said infrastructure projects surfacing in the upcoming Budget 2021 “were high”, as they were “shovel-ready” projects and would be the ideal projects for the government to roll out to spur the economy.

“Besides being a proxy to MRT 3 with its partnership with Gamuda Bhd and the HSR, MMC has emerged as one of the preferred contractors to work with the Terengganu state for the ECRL contract.

“In this regard, it will be working with the state-owned construction companies for ECRL jobs, ” it said in a report yesterday.

Posted by information > 2021-04-05 21:42 | Report Abuse

https://themalaysianreserve.com/2021/03/22/selangor-to-defend-its-stand-on-ecrl-alignment/

However, the political realignment at Putrajaya in March last year had caused another change of the ECRL project, as the Perikatan Nasional government wanted to reinstate its original plan of Section C, which involves costly construction of the 17.8km-long Genting Tunnel in Bentong, Pahang.

Meanwhile, Wee announced that the ECRL has been further enhanced by extending the original alignment of 640 km to 665km, encompassing the original 30km which is 24km from Jalan Kastam (Port Klang) to West Port, and 6km from Jalan Kastam to the North Port.

Tunnel work using TBM and North port interconnection beneficiary would be MMC CORP

Hglee92

108 posts

Posted by Hglee92 > 2021-04-06 08:58 | Report Abuse

"Stocks on Radar - MMC Corporation (2194) - AmInvest Research Reports | I3investor" https://klse.i3investor.com/m/blog/AmInvestResearch/2021-04-05-story-h1563159557-Stocks_on_Radar_MMC_Corporation_2194.jsp

vanbasten9

1,143 posts

Posted by vanbasten9 > 2021-04-06 18:40 | Report Abuse

Be careful my friends
BOOSA shows sign of collapsing
all this while dow jones all time high
when global market correct our bourse will be double whammy

in short prices will retreat / recede over the next days/week or 2

vanbasten9

1,143 posts

Posted by vanbasten9 > 2021-04-06 18:43 | Report Abuse

im ourt of conman vincent tan shares (35% gains)
Out of hengyuan- losses
About to cabut tech - sporadic gains

The drop in widad and dataprep looks interesting...
Tech will drop then come back

But beware the eyes of april,,,,,,,,,

tatwaiwong

276 posts

Posted by tatwaiwong > 2021-04-06 18:49 | Report Abuse

馬來西亞東方日報 Oriental Daily News Malaysia
2021年04月06日 17时38分
政府不收购精明隧道(SMART)
政府会全面研究这个配套及解决方案,因一些大道有盈利,一些大道亏损。

vanbasten9

1,143 posts

Posted by vanbasten9 > 2021-04-06 19:00 | Report Abuse

im a conviction trader
Go check bjcorp blogs i called the top at bjcorp and bjassets
I also called bj-nice-ass would perform better than bjcorp which it did
now they are all sinking

Posted by information > 2021-04-06 20:55 | Report Abuse

Transport Minister confident Selangor will cooperate on ECRL 3.0

April 06, 2021

https://www.theedgemarkets.com/article/transport-minister-confident-selangor-will-cooperate-ecrl-30

The mega project could not afford any more delays.

Wee said if there are to be further delays, the 665km long rail service from Kota Bahru to Port Klang would not be able to fully operate, besides the country also facing the prospect of suffering from losses in servicing the loans.

"I am confident most of them are professional officers especially the politicians. I have full confidence that the Menteri Besar and state authorities will give us full cooperation,"


https://www.bharian.com.my/berita/nasional/2021/03/801850/pelaksanaan-ecrl-tidak-bermotifkan-politik-menteri

Menurutnya jajaran ECRL 3.0 adalah untuk melengkapkan penubuhan hub kargo nasional di Serendah dan meningkatkan kecekapan perjalanan kargo bagi Keretapi Tanah Melayu Bhd (KTMB) dan ECRL.

"Ini penting kerana 70 peratus hasil ECRL adalah dari pengangkutan kargo," katanya dalam satu kenyataan hari ini sebagai maklum balas terhadap satu penulisan yang dipaparkan di sebuah portal yang mendakwa pembinaan ECRL adalah bermotifkan politik.

Ka Siong berkata hub kargo nasional itu adalah untuk membentuk ketersambungan rel dari Serendah ke koridor ekonomi dan pelabuhan di Semenanjung Malaysia termasuk Wilayah Ekonomi Koridor Utara (NCER) dan Pelabuhan Penang, Wilayah Ekonomi Pantai Timur (ECER) dan Pelabuhan Kuantan; serta Iskandar Malaysia dan Pelabuhan Tanjung Pelepas di selatan.

Posted by steve8lily > 2021-04-06 23:35 | Report Abuse

MMC tomorrow limit up due to ECRL, gogogo

pingdan

1,549 posts

Posted by pingdan > 2021-04-06 23:55 | Report Abuse

Although im a big supporter for MMC but i have to inform u that local company will not benefit on the ecrl project as all of the work will be done by china company.. so dun spread fake news..

SandCoffee

113 posts

Posted by SandCoffee > 2021-04-07 10:09 | Report Abuse

What happen to your shares if the management decided to delisted?

Pinky

3,380 posts

Posted by Pinky > 2021-04-07 10:18 | Report Abuse

I second pingdan.

turtleking

397 posts

Posted by turtleking > 2021-04-07 11:36 | Report Abuse

Looks like this counter gonna sleep for very very long time

Posted by yapchingchoon > 2021-04-07 12:20 | Report Abuse

yes going up

m3379

211 posts

Posted by m3379 > 2021-04-07 12:29 | Report Abuse

But it has been growing steadily from RM1.00

yohashama

15 posts

Posted by yohashama > 2021-04-07 12:37 | Report Abuse

this counters financials seem to be better than IJM, does anyone know why its price is so much lower?

facsc118

211 posts

Posted by facsc118 > 2021-04-07 12:42 | Report Abuse

ppl doesnt like related party transaction

pingdan

1,549 posts

Posted by pingdan > 2021-04-07 17:16 | Report Abuse

Hopefully market will recover starting tomorrow. Index last minutes pull up to 1600..

SandCoffee

113 posts

Posted by SandCoffee > 2021-04-07 18:10 | Report Abuse

@facsc118 - What's wrong with related party transaction? Does that gonna affects the financial performance?

Post a Comment
Market Buzz