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

bobochacha

536 posts

Posted by bobochacha > 2021-04-07 22:03 | Report Abuse

mmc corp need a high volume day with good price gain to solidify her uptrend is still intact. however she have been sleeping for 3 weeks.. faster la

Pinky

3,380 posts

Posted by Pinky > 2021-04-08 10:54 | Report Abuse

Ini hari lah!

pingdan

1,549 posts

Posted by pingdan > 2021-04-08 12:24 | Report Abuse

Bye bye nagasaran93... see u in 10 years time whenMMC will drop below RM1 due to financial crisis :)

Pinky

3,380 posts

Posted by Pinky > 2021-04-08 14:41 | Report Abuse

@pingdan

Pinky will be here for the foreseeable future

Pasal MMC takmau jatuh bawah 1.00

hahahahaha

sting65

14 posts

Posted by sting65 > 2021-04-08 15:25 | Report Abuse

MMC showing typical collection pattern...1. Chart wise trading sideways with price movement at support level (RM1), 2.Heavily blocked on sell Q, 3. Bid q is blocked at 1 to 2 levels...I believe it will be moving to markup pattern (Bullish). Waiting patiently for uptrend.

Posted by nagasaran93 > 2021-04-08 16:01 | Report Abuse

Lol up one day happy like that? Don’t get over execitment.

Posted by nagasaran93 > 2021-04-08 16:01 | Report Abuse

Up one day shout like a cockroach, you are very kid

pingdan

1,549 posts

Posted by pingdan > 2021-04-08 16:27 | Report Abuse

oopps mmc nvr close below RM1... never even single day after it break through RM1.. so sad.... T_T

Pinky

3,380 posts

Posted by Pinky > 2021-04-08 17:45 | Report Abuse

@pingdan want to accumulate more at cheap also hard...I also sad...

T.T

probability

14,460 posts

Posted by probability > 2021-04-08 17:54 | Report Abuse

The Port of Tanjung Pelepas (PTP) is expected to register a spike of cargoes over the next few weeks due to the Suez Canal blockade

https://www.thestar.com.my/business/business-news/2021/04/08/ptp-to-benefit-from-cargo-spike-due-to-suez-canal-blockade

tatwaiwong

276 posts

Posted by tatwaiwong > 2021-04-08 18:28 | Report Abuse

苏伊士运河受阻后,MMC Corp认为PTP的货物存储需求较高
苏利·哈立德(Sulhi Khalid)
theedgemarkets.com

2021年4月8日,下午18:02 +08

苏伊士运河受阻后,MMC Corp认为PTP的货物存储需求较高
吉隆坡(4月8日):MMC Corp Bhd受惠于柔佛州Tanjung Pelepas港口对货物储存空间的需求增加,该港口由其子公司Pelabuhan Tanjung Pelepas Sdn Bhd经营,由于最近苏伊士运河的阻塞被一艘被困的集装箱船。

集团董事总经理拿督斯里·切·哈利卜·穆罕默德·诺(Datuk Seri Che Khalib Mohamad Noh)在今天的新闻发布会上说,该港口能够满足临时货物存储的要求。

他说:“因此,实际上,我们取得了不错的成绩,我们期望在接下来的几周内会有一定的增长。”


现在,中小型企业可以为其远程工作团队配备商务类设备,价格从每月129 /马币起
2020年,我们许多人以为来年大流行病会恶化,我们的生计会恢复正常。但是,我们已将锁定时间延长了,许多企业又回到了远程工作状态。

阅读更多
另一个值得注意的是,公用事业和基础设施集团今天强调说,它已与全球软件解决方案领导者Ramco Systems Ltd合作,对其五个港口进行了大规模的数字化改造。

该组织表示,这项技术改造计划将推动马来西亚走在全球一流港口的前列–在缓解供应链挑战(包括最近因Covid-19造成的中断)中发挥关键作用。

“在Ramco Systems的支持下,MMC致力于加速数字化转型,在我们的港口内提高效率,生产力和可靠性,从而为我们的客户提供一流的服务。

通用系统和集成技术平台的实施将进一步最大化协同效应,并使我们所有港口都能共享专业知识并从规模经济中受益。我们旨在利用技术作为关键优势,以获取竞争优势并为我们的利益相关者增加价值。”

与此同时,Ramco集团董事长PR Venketrama Raja表示,此次合作是Ramco历史上的重要里程碑,因为其系统的实施将优化MMC Group的运营效率,从而转化为马来西亚港口更快的周转时间并影响马来西亚贸易。

“在Ramco,我们通过与国内多家大型企业的多年合作建立了强大的马来西亚业务,只有通过Ramco团队的辛勤工作为PTP提供数字化转型,这种参与才有可能。

他说:“我们期待与MMC团队紧密合作,并有信心Ramco的软件将为MMC的港口带来巨大价值。”

Posted by coffeesheep > 2021-04-08 18:50 | Report Abuse

More news cover more ppl realized this undervalued gem, good

Pinky

3,380 posts

Posted by Pinky > 2021-04-08 20:01 | Report Abuse

taitaiwong not sold out already meh? Why still hang around? Hehehe

Hglee92

108 posts

Posted by Hglee92 > 2021-04-08 20:16 | Report Abuse

MMC Corp sees higher demand for cargo storage at PTP after Suez Canal blockage

MMC Corp Bhd has benefitted from higher demand for cargo storage space at its Port of Tanjung Pelepas in Johor, which is operated by its unit Pelabuhan Tanjung Pelepas Sdn Bhd, due to the recent blockage at the Suez Canal caused by a trapped container ship. 

Speaking at a media briefing today, group managing director Datuk Seri Che Khalib Mohamad Noh said the port was able to accommodate requests for temporary cargo storage.



- The Edge Markets http://www.theedgemarkets.com/article/mmc-corp-sees-higher-demand-cargo-storage-ptp-after-suez-canal-blockage#.YG7z6mNsSjw.whatsapp

bobochacha

536 posts

Posted by bobochacha > 2021-04-08 21:01 | Report Abuse

key takeaway from the statement

1) digitalisation of mmc ports will reduce operating cost as much as 20%

2) PTP will have better business.

conclusion is good news

DepecheM

810 posts

Posted by DepecheM > 2021-04-08 21:13 | Report Abuse

Very undervalued stock no doubt

Posted by goldenamour > 2021-04-08 21:48 | Report Abuse

im still waiting for it to drop back to penny stock...

tatwaiwong

276 posts

Posted by tatwaiwong > 2021-04-08 22:00 | Report Abuse

Mr.Pinky
i talk sell only and ask u believe mao,but my hand no touch sell one lot wow....
buy month invest 17/3/21 1.15 1.7 share and 5/4/21 1.05 1.5 share
so no sell 1.24 is very sad one case -:(
My heart break off.......what can i do for u now.......

greencode

1,692 posts

Posted by greencode > 2021-04-09 06:36 | Report Abuse

Read new today and u will knw the effect of suez canal to this share

Posted by fengpinglangjin > 2021-04-09 07:05 | Report Abuse

Press Releases

MMC CORPORATION BERHAD CHOOSES RAMCO SYSTEMS TO DIGITALLY TRANSFORM FIVE PORTS IN MALAYSIA’S SINGLE LARGEST PORT TRANSFORMATION PROGRAMME

Kuala Lumpur - April 8, 2021

Kuala Lumpur, MALAYSIA – April 08, 2021 –– Leading Malaysian utility and infrastructure conglomerate MMC Corporation Berhad (MMC) announced that it has embarked on a major digital transformation of five ports, in partnership with global software solutions leader, Ramco Systems.

The digital transformation will consolidate and standardise processes of MMC’s ports, which include Pelabuhan Tanjung Pelepas Sdn Bhd (PTP), Johor Port Berhad, Northport (Malaysia) Bhd, Penang Port Sdn Bhd and Tanjung Bruas Port Sdn Bhd. The group-wide transformation was awarded based on the successful implementation of Ramco integrated Enterprise Resource Planning (ERP) system at one of Malaysia’s most advanced container terminal - PTP.

This technological transformation programme will propel Malaysia to the forefront of global best-in-class ports – which plays a crucial role in mitigating supply chain challenges, including recent disruptions due to COVID-19.

Building on an earlier implementation by Ramco Systems of an ERP system for PTP where about 90% of the system has achieved Go-Live in phases over the past 10 months, the enhanced rollout will digitalise processes, while providing real-time business information. MMC will also be able to consolidate various business support functions (namely Finance, Human Resource, Enterprise Asset Management, Supply Chain Management, and Logistics Management) across ports into a single integrated ERP system – all accessible on an integrated dashboard.

Over 8,000 MMC employees across the ports will be plugged into the platform on their computers / mobile devices which now eliminates duplication errors and other bottlenecks, allowing efficient business processes and enhanced data visibility.

The system will also include smart features such as Artificial Intelligence and Machine Learning (AI/ML), which will provide employees with greater insight as well as predictive alerts and chatbots which can reduce human error and save time. This will lay the foundation for MMC’s broader strategy to enhance business experience to our customers and suppliers.

“The COVID-19 pandemic has pushed several trends into the spotlight, such as e-commerce and strengthening the supply chain. More than ever, we see the importance of ensuring our ports remain efficient and capable of quick turnaround, and we had been looking for a partner which could provide a scalable solution for all our ports.

Pinky

3,380 posts

Posted by Pinky > 2021-04-09 08:20 | Report Abuse

@taitaiwong just hang around here. We all love you hehehehehe

aliyusof

1,393 posts

Posted by aliyusof > 2021-04-09 09:39 | Report Abuse

MMC Corp Bhd has benefited from higher demand for cargo storage space at its Port of Tanjung Pelepas in Johor, which is operated by its unit Pelabuhan Tanjung Pelepas Sdn Bhd, due to the recent blockage at the Suez Canal caused by a trapped container ship. Speaking at a media briefing today, group managing director Datuk Seri Che Khalib Mohamad Noh said the port was able to accommodate requests for temporary cargo storage.

caonima

367 posts

Posted by caonima > 2021-04-09 09:43 | Report Abuse

semalam makan semua 1.09/1.10 punya jerung bengong ke sial?

Posted by VIinvestor > 2021-04-09 11:57 | Report Abuse

mmc corp without a doubt extremely undervalued. registered a good quarter result despite the extremely high shipping rates for the 4q 2020. the higher shipping rates from then had pent up orders but now with the easier shipping rates this quarter there will be more execution of the pent up orders. Making the ports even busier.

but mmc corp does some very weird dealings, buying weird shares and projects that dont make any sense. Might be Ba*louts, not convincing a lot of shareholders' confidence.

I bought mmc when it was 1.00 and then 1.03. Sold all at 1.07 before the boom to 1.22. Still kicking myself in the shins thinking about it.

But my two cents, MMC is a good counter to buy, with a prospect that the next qr registering better results. Risk entire on your good selves. have a nice day.

pingdan

1,549 posts

Posted by pingdan > 2021-04-09 17:55 | Report Abuse

Mmc sell their Senai land for RM70.6mil.. about RM50 per square feet.. Refer to latest announcement

tean2020

218 posts

Posted by tean2020 > 2021-04-09 18:09 | Report Abuse

Wow good news ! Monday limit up ! All the way back Rm 2.8 !

DepecheM

810 posts

Posted by DepecheM > 2021-04-09 19:18 | Report Abuse

Potential LU piece of news.... but this is a laggard... not ready to fly yet.

Posted by coffeesheep > 2021-04-09 20:31 | Report Abuse

MMC sells another 11 acres of land at Senai Airport City for RM24m

https://www.theedgemarkets.com/article/mmc-sells-another-11-acres-land-senai-airport-city-rm24m

bobochacha

536 posts

Posted by bobochacha > 2021-04-09 21:20 | Report Abuse

wow , look at the landbank value of 887 acres = 1.6 billion. amazing cash cow. and can use for future own development too.

vanbasten9

1,143 posts

Posted by vanbasten9 > 2021-04-09 22:16 |

Post removed.Why?

Posted by petnch2020 > 2021-04-09 22:25 | Report Abuse

Actually the 887 acres are only the lands that are up for sale.

But if you refer to the 2020 Annual report page 308, you would see that the total size of the Senai land for the development is actually 827 hectare or 2,043 acre. MMC is carrying this land at RM1.35bil in its book or at RM0.7mil per acres.

The price of the recent announce disposal land to Shengda New Energy and the other E&E companies were transacted at RM2.17 mil per acre. This would value the total land for development of Senai Airport City at 2,043 acres x RM2.17mil = RM 4.43 bil. This would translate to RM1.46 per share.

So yes. MMC is really undervalue. The land of Senai alone is well above the current market price.

probability

14,460 posts

Posted by probability > 2021-04-09 22:33 | Report Abuse

RM4.43b - 1.35b = 3.08b gain in land value

3.08b is about RM 1 per share (GAIN ALONE!)

Thanks for the info petnch2020

Posted by petnch2020 > Apr 9, 2021 10:25 PM | Report Abuse

MMC is carrying this land at RM1.35bil in its book or at RM0.7mil per acres.

The price of the recent announce disposal land to Shengda New Energy and the other E&E companies were transacted at RM2.17 mil per acre. This would value the total land for development of Senai Airport City at 2,043 acres x RM2.17mil = RM 4.43 bil. This would translate to RM1.46 per share.

Posted by RAYDALIO_MALAYSIA > 2021-04-09 22:39 | Report Abuse

I strongly agreed wth petnch2020...MMC is super duper undervalue!!!

Posted by BULLBULL_BULL > 2021-04-09 22:40 | Report Abuse

MMC value at RM4 but sell at RM1, crazy and I will hold long term till it reach above RM2

jgb349000

492 posts

Posted by jgb349000 > 2021-04-09 23:50 | Report Abuse

Hope monday opening gap up.

jgb349000

492 posts

Posted by jgb349000 > 2021-04-09 23:52 | Report Abuse

This giant should be valued at least at rm3.

longvalley

2,287 posts

Posted by longvalley > 2021-04-10 08:36 | Report Abuse

.....hold
Like director
Wa Ka ka

newbie9893

2,139 posts

Posted by newbie9893 > 2021-04-10 16:04 | Report Abuse

i will sapu MMC-C24 next monday, premium
0%

ng1943

135 posts

Posted by ng1943 > 2021-04-10 16:38 | Report Abuse

107---110---113------120

probability

14,460 posts

Posted by probability > 2021-04-10 23:54 | Report Abuse

Up to 6% Rise in Singapore Port Dues

https://shipandbunker.com/news/apac/849518-up-to-6-rise-in-singapore-port-dues-next-year

PTP should benefit being placed within same area

abc333

1,518 posts

Posted by abc333 > 2021-04-11 10:07 | Report Abuse

基本面 消息面 技术面 全部利好 今年会不会2.00?asset revaluation will bring this counter to the moon

pingdan

1,549 posts

Posted by pingdan > 2021-04-12 12:55 | Report Abuse

Go bursa Malaysia download la.. just out last week

pingdan

1,549 posts

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

Whole report talk about Take cost out, get revenue in initiative

turtleking

397 posts

Posted by turtleking > 2021-04-12 14:32 | Report Abuse

Boring eh

emsvsi

3,517 posts

Posted by emsvsi > 2021-04-12 15:15 | Report Abuse

Singapore port readies for Suez Canal backlog

Singapore, the world’s largest container transhipment port, is readying itself for a backlog of ships and cargoes from the closure of the Suez Canal in late March.

Marcus Hand | Apr 12, 2021

While ships bound from Asia to Europe stranded by the blockage of the Suez Canal from 23 – 29 March started to reach container ports in the Med last week, the longer distance to Asia means that vessels bound from Europe and US stuck on the North side of the canal are yet to reach Asian ports.

“More recently the Suez Canal blockage cast the spotlight on the critical role shipping plays in keeping the global supply chain in motion,” Maritime & Port Authority of Singapore chief executive Quah Ley Hoon told a media briefing on Monday morning.

A surge in traffic is expected at Singapore’s port as the ships held up at the canal arrive from Europe and the US.

“So, the Port of Singapore is readying ourselves as a catch-up port to handle anticipated shipping backlog, our terminal operators are preparing more berths, equipment and operators to increase the handling capacity,” Quah said.

In particular terminal operator PSA is working with shipping lines on the backlog and the schedules of their vessels.

“PSA have for example made available their digital platform Calista to try and allow ships to have a better sense of the services and berth availability in Singapore,” she explained.

At present the vessels that were stuck at the canal are still sailing to Singapore and how long it will take to clear the backlog will depend on schedules.

Copyright © 2021. All rights reserved. Seatrade, a trading name of Informa Markets (UK) Limited.

https://www.seatrade-maritime.com/ports-logistics/singapore-port-readies-suez-canal-backlog

bobochacha

536 posts

Posted by bobochacha > 2021-04-13 01:18 | Report Abuse

malaysia just need the spillover effect from singapore port. too many ship cannot handle, then abit go to PTP la

Posted by petnch2020 > 2021-04-13 12:45 | Report Abuse

MRT3 tender expected in August. Refer link.

https://www.theedgemarkets.com/article/mrt3-tender-expected-august-says-mrt-corp

As mentioned previously, MMC-Gamuda has been the main contractor for MRT1 and MRT2. MRT3 will need a lot of tunneling works which bode well for MMC-Gamuda given that the company has a total of 12 boring machines that it had deployed in the MRT1 and MRT2 projects. They can easily redeploy the same machine for the MRT3.

Some analysts has already assume MRT3 project in Gamuda valuation report. Surprise that they did not do the same for MMC. This company is really receiving anak angkat treatment from analysts.

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2021-04-13 16:08 | Report Abuse

run!! mmc seems crash soon!

ykyew11

488 posts

Posted by ykyew11 > 2021-04-13 16:20 | Report Abuse

I wonder what is the reason for MMC to be down today

momo33

148 posts

Posted by momo33 > 2021-04-13 16:23 | Report Abuse

Putrajaya extends CMCO in five states and KL as it warns of possible fourth infection wave

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