Posted by SandCoffee > 2021-05-22 09:57 | Report Abuse

Technical Analysis or Candlestick reading is proven useful in Forex Trading. Now they trying to bring this strategy into stock market. Personally I don't think useful but perhaps its good for those who invest in short term.

Posted by SandCoffee > 2021-05-22 09:59 | Report Abuse

Oh man, bursa allowing extension of time for another 1 month. Hopefully MMC didn't go with extension and release the quarterly report by next week.

Posted by Hglee92 > 2021-05-22 10:59 | Report Abuse

"AmInvestment keeps 'buy' call on MMC Corp on favourable ports outlook | The Edge Markets" https://www.theedgemarkets.com/article/aminvestment-keeps-buy-call-mmc-favourable-ports-outlook

Posted by Hglee92 > 2021-05-22 10:59 | Report Abuse

"MMC mulls reviving RM4.1bil IPO of port assets | The Star" https://www.thestar.com.my/business/business-news/2020/10/23/mmc-mulls-reviving-rm41bil-ipo-of-port-assets

Posted by Hglee92 > 2021-05-22 10:59 | Report Abuse

"Seaport segment poised to grow further in 2021 as global trade recovery gains momentum, says AmInvestment | The Edge Markets" https://www.theedgemarkets.com/article/seaport-segment-poised-grow-further-2021-global-trade-recovery-gains-momentum-says

Posted by Hglee92 > 2021-05-22 11:02 | Report Abuse

The Edge this week magazine features MMC news on page 18, super good news on MMC involvement and undertake ship to ship transfer port business at Yan, Kedah

Posted by SincereStock > 2021-05-22 11:25 | Report Abuse

@sandcoffee actually the QR is needed just to catalyst the price to move in the correct direction, delaying another month is not big problem, as long as we investor got holding power to wait for our imminent target price. rebound at yesterday in amid of covid fear is great enough to ease the fear factor as least for a while, preventing it from moving downward while we are waiting for the final catalyst, a good QR

Posted by SincereStock > 2021-05-22 11:29 | Report Abuse

a rally before QR (if possible) is even better, would allow higher peak price post QR

Posted by DLLKT > 2021-05-22 12:06 | Report Abuse

MMC 1st quarter result ended 31/03/2021 will be release on 24/05/2021@ Monday

Posted by tingpangeng > 2021-05-22 12:12 | Report Abuse

Buy on rumour , sell on news . No?

Posted by SincereStock > 2021-05-22 12:31 | Report Abuse

@DLLKT source?

Posted by probability > 2021-05-22 13:01 | Report Abuse

hope more investors realize that this is safe haven stock at current worrying level covid cases in malaysia and seeing the pace of vaccination....


Posted by probability > May 21, 2021 1:48 PM | Report Abuse X

https://www.theedgemarkets.com/article/stacking-mmc%E2%80%99s-ports-against-westports

While certain quarters say PTP, MMC’s port division’s main revenue generator, is largely a transshipment port, with 95% of its throughput being transfer cargo, it has to be noted that as much as 70% of Westports throughput comes from transshipment too.


PTP handled 8.03 million TEUs in 2016, according to the Ministry of Transport’s website. Of this almost 94%, or 7.54 million boxes, were transshipment.


94% transshipment (meaning it does not involve our import & export)
.........

say you have 3% import and 3% export of the remaining TEUs, even if Malaysia completely lockdown (zero manufacturing for export), it effects about 3% max.

Further more, we will have to import way more to compensate under lockdown

Posted by SandCoffee > 2021-05-22 13:58 | Report Abuse

@SincereStock - I hope that they could release good quarterly report before the dividend distribution. hahaha

Posted by emsvsi > 2021-05-22 18:42 | Report Abuse

A week before we enter a new month and new beginnings and then...

MMC TO THE MOON

Posted by tatwaiwong > 2021-05-23 22:07 | Report Abuse

Syed Mokhtar对MAS和Westports的重新兴趣
绝望的时代要求采取绝望的措施。记得不久前，当政府主权基金国库控股（Khazanah Nasional Bhd）对我们陷入困境的国家航空公司马来西亚航空公司（Malaysia Airlines Bhd）提出了许多建议时。


在Covid之前的日子里，国库控股据说已收到30份提案，其中包括日本航空的提案，甚至包括我们当地的“英雄”丹斯里·托尼·费尔南德斯的亚航集团，都在这家亏损的航空公司中入股。


但就命运而言，Covid流行病在2019年底抬起了丑陋的头，并在2020年开始吞噬主要经济体。


不可避免地，许多国家不得不关闭边界，没有人能飞。这已经在工作中投入了一个主要的扳手（或更像托尔的锤子）。


经过多次振兴这家陷入困境的航空公司的尝试，该基金将非常乐意转移对马来西亚航空公司的投资。


它在2014年以约14亿林吉特的价格将航空公司私有化。此后，国库控股已注资数十亿令吉复活的马来西亚航空，但收效甚微。


最近，该基金甚至承诺在五年内投入高达36亿令吉用于其重组计划。


当然，这对很多人来说并不理想，因为最终，这些资金间接地从纳税人的口袋里掏出来。


幸运的是（根据交易而定），马来西亚航空公司的隧道尽头可能会有一盏灯。


有传言说，隐居的大亨丹·斯里·赛义德·莫赫塔尔·阿尔布哈里（Tan Sri Syed Mokhtar Albukhary）重新表示了他对马来西亚航空的兴趣。


穆勒因子


消息人士称，他的代表已与该航空公司的前首席执行官兼总经理克里斯托夫·穆勒（Christoph Mueller）取得联系，领导了马航的转型。


穆勒掌舵一年后已辞职。在此之前，他要求在三年合同期满之前离职。


Mueller于2015年1月1日加入马来西亚航空公司系统有限公司董事会，并于2015年3月1日成为新航空公司的首席执行官任命，接替Ahmad Jauhari Yahya于2015年5月1日担任MAS董事总经理兼首席执行官。


他是第一个掌管国家航母的非马来西亚人。关于他如此突然离开的原因有许多猜测。


最“合乎逻辑”的原因之一是，他没有在航空公司任职，这使他无能为力地执行有助于他扭转局面的战略。


如果马航要由私人控制，这可能会使德国人更具吸引力，继续他离开的地方。


对于这位大亨来说，马航将是一项巨大的事业，但他肯定对构筑对他有利的交易有浓厚的兴趣。


西港-难题的最后一部分


但是赛义德·莫赫塔尔（Syed Mokhtar）不仅着眼于马来西亚航空，而且还传闻他对收购Westports Holdings Bhd的兴趣重新燃起。


当然，自从2013年以来这种对话就浮出水面了，尽管这位大亨在2015年设法加入了诺斯波特，但没有实现任何事情。


Syed Mokthar的旗舰子公司MMC Corp Bhd达成了Northport交易，后者与Permodalan Nasional Bhd（PNB）和AmanahRaya Trustees Bhd达成了一项协议，以11亿令吉现金或以2％的价格收购NCB两家公司的53.4％股权。每股RM4.40。


通过MMC及其各个子公司，Syed Mokhtar有效控制了马来西亚半岛的所有港口运营商，除了韦斯特波特一家，这使他几乎垄断了海上物流业务。


MMC已拥有柔佛港，柔佛州丹戎贝拉帕斯港（PTP）和槟城港70％的股份，他于2010年12月从财政部私有化。


是的到盐港


最近，穆罕默德·萨努西（Muhammad Sanusi Md Nor）的Menteri Besar Kedah表示，Syed Mokhtar可能会在吉打州的Yan建一个新港口，因为该州于5月10日将其列为联邦港口。


问题是，Westports的老板Tan Sri G. Gnanalingam会放弃对港口的控制吗？以合适的价格，为什么不呢？


这位大亨以其对垄断业务的偏爱以及将以前的国有或上市公司私有化而广为人知。


Syed Mokhtar甚至通过在2019年收购Media Prima Bhd 11.09％的股份来扩大自己在媒体领域的影响力。


这位大亨在公开交易的Utusan Melayu（Malaysia）Bhd和马来西亚储备中拥有14.8％的股份。


如果交易得以实现，因为Syed Mokhtar的业务不是真正的垄断，那么该交易将成真，这将使Syed Mokhtar能够扭转马来西亚航空公司的局面将会很有趣。

Posted by emsvsi > 2021-05-23 22:58 |

Post removed.Why?

Posted by tatwaiwong > 2021-05-23 23:06 | Report Abuse

消息Syed Mokhtar有望在Yan開發新港
亞羅士打（ALOR SETAR）：當地政府擁有的一家公司Tan Sri Syed Mokhtar Albukhary，在政府於5月10日將該地區列為聯邦港口公報後，預計將在Yan新建一個港口。

吉打孟買（Kedah Menteri Besar Muhammad Sanusi Md Nor）說，幾年前已提議建設新港口，此前Syed Mokhtar開發了柔佛州Tanjung Pelepas港口，該港口也擁有Yan的Pulau Dayang Bunting的土地。

他說，港口的發展預計還將涉及州政府擁有的土地，因為該島周圍的大部分地區都在吉打州管理之下。

“我要感謝聯邦政府將嚴選為聯邦港口。有港口時，會在陸地上溢流。

“但是，在施工之前，首先需要開發土地部分。

他在今天在這裡舉行的新聞發布會上說：“我知道港口發展的申請是由Tan Sri Syed Mokhtar Albukhary負責的，該公司已經計劃了很長時間。”

昨天，運輸部長拿督斯里·魏家雄博士宣布將燕區作為聯邦港口，將600平方公里（km）的水域考慮在內，考慮到距海岸約20海裡的距離。

港口的發展有望增加水域的航運活動，創造就業機會，並發展周邊地區。

穆罕默德·薩努西（Muhammad Sanusi）進一步評論說，他的政黨將與交通運輸部和財政部進行討論，以建立未來監督港口的權力。

他說，他已要求州運輸執行公司阿茲曼·納斯魯丁（Azman Nasrudin）與嘉祥（Ka Siong）進行進一步討論，以詳細說明與港口發展有關的信息和計劃。

目前，半島北部的所有港口都在檳城港口委員會（SPPP）的控制之下，包括直落依瓦（Teluk Ewa）港口，蘭卡威（Langkawi）以及吉打州的其他小港口。

“因此，我們希望擁有自己的港口管理局，因為即使它在中心的領導下，吉打州仍將在港口稅收中佔有一席之地。因此，我們要創建吉打州港口管理局，”他說。

Posted by steve8lily > 2021-05-24 07:24 | Report Abuse

today limit up?

Posted by ivanlau > 2021-05-24 07:40 | Report Abuse

MMC average pe around 12, if based on current eps 12.3 x 12 , the fair value should be rm 1.45 - 1.50, now closing 1.10, what r u waiting for ?

Posted by emsvsi > 2021-05-24 09:50 | Report Abuse

MMC's Deep Value will finally be unlocked in 2021 through the rerating catalysts:
1. YoY exponential profit and market share growth
2. MRT3 contract award (with Gamuda, MMC is the only domestic company with rail expertise and proven track record)
3. Port IPO (whose value is multiple fold ithr current market capitalisation)

Posted by turtleking > 2021-05-24 11:34 | Report Abuse

Today qr?

Posted by shortinvestor77 > 2021-05-24 14:35 | Report Abuse

This week.

Posted by tallman > 2021-05-24 15:06 | Report Abuse

If the result is good, why the price not up?

Posted by probability > 2021-05-24 15:12 | Report Abuse

Just some deep information sharing to enlighten all:

Another ‘New Normal’ as Container Rollover Rates Increase
May 11, 2021

https://gcaptain.com/another-new-normal-as-container-rollover-rates-increase/

The worst performer was Malaysia’s Port Klang, where rollover rates increased 7% year on year to reach 64%, meaning that nearly two of every three boxes handled missed their intended sailing.

https://www.icontainers.com/us/2018/06/19/what-happens-when-your-cargo-gets-rolled/

What happens when your cargo gets rolled?

If your cargo is rolled because of a carrier issue, the carrier will automatically rescheduled your shipment and place it onto its next-departing vessel. Any extra charges involved will be covered by the carrier.

However, should your cargo get rolled due to missing paperwork or customs problems or failure to comply with certain requirements, you will be charged for the roll over.

Note that roll overs often cost more than the ocean freight price itself.

Avoid transshipments. Containers travelling on routes with transshipments run a much higher risk of getting rolled. First at the port of sail and then at the transshipment ports, however many and wherever there may be.

Posted by probability > 2021-05-24 15:13 | Report Abuse

and by the way PTP transshipment is at 97% of all TEUs handled presently, North port would also be at similar level.

Posted by SincereStock > 2021-05-24 15:36 | Report Abuse

non stop collecting at 1.11 today, insider still not collect enough, I suspect they will delay the QR to the end of the week at friday

Posted by DLLKT > 2021-05-24 16:33 | Report Abuse

SincereStock @DLLKT source?
22/05/2021 12:31 PM

When I said today then means today....just wait and see

Posted by DLLKT > 2021-05-24 16:35 | Report Abuse

DLLKT is MMC strong supporter and MMC no 1 fans

Posted by DLLKT > 2021-05-24 16:35 | Report Abuse

MMC will hit RM2 by this year...again, wait and see

Posted by DLLKT > 2021-05-24 16:35 | Report Abuse

Buy at your own risk

Posted by paultheoct > 2021-05-24 17:17 | Report Abuse

YB DLL,

Yes, Paul the Octopus believes!


DLLKT MMC will hit RM2 by this year...again, wait and see
24/05/2021 4:35 PM

Posted by BeginnerLearner > 2021-05-24 17:45 | Report Abuse

Results out, impressive YoY gain.

Posted by coffeesheep > 2021-05-24 17:46 | Report Abuse

DLLKT good job, QR really out today

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3159521

Posted by SincereStock > 2021-05-24 17:51 | Report Abuse

4.10 cent, decent enough QR, PE lowered to 7.71, live up to expectation

Posted by tatwaiwong > 2021-05-24 17:52 | Report Abuse

not good not bad result,is me hope some high only....Hahahahaha

Posted by SincereStock > 2021-05-24 17:53 | Report Abuse

in my honest opinion, not great enough to cause a gap up / limit up tomorrow, but enough to make sure the price moving in positive direction, slow but steady to reach potential fair value

Posted by Hglee92 > 2021-05-24 17:56 | Report Abuse

Mmc's results...: For the financial period ended 31 March 2021, the Group recorded RM1,143.7 million in revenue, a 5.2% increase from RM1,086.8 million reported in the corresponding financial period ended 31 March 2020 due to higher volume handled at Pelabuhan Tanjung Pelepas Sdn Bhd (“PTP”) and Northport Malaysia Berhad (“NMB”). These were offset by lower work progress from KVMRT-SSP Line, lower passenger and cargo volumes at Senai Airport, and lower volume handled at Penang Port Sdn Bhd (“PPSB”).
The Group’s Profit before zakat and taxation increased to RM221.0 million compared with RM114.8 million reported in the corresponding financial period ended 31 March 2020 in line with higher volume handled at PTP and NMB, gain on sublease of land at PTP, and lower finance costs incurred. These were offset by lower contribution from KVMRT-SSP Line, Senai Airport and PPSB, as mentioned above.

Posted by Pinky > 2021-05-24 18:00 | Report Abuse

Yes!

Posted by Moratorium > 2021-05-24 18:05 | Report Abuse

This result is very good dy. Compare against previous year corresponding quarter is more than doubled dy. Mau apa bossku?

Posted by SincereStock > 2021-05-24 18:09 | Report Abuse

@moratorium definitely good enough. but I am just v greedy hoping for a limit up result haha

Posted by steve8lily > 2021-05-24 18:24 | Report Abuse

Every yr Q1 results are no good, if compare to 2021, this the b3st QR report shown

Posted by emsvsi > 2021-05-24 18:25 | Report Abuse

If you don't know how to analyse the results, then refrain from commenting


As stated earlier:

Posted by emsvsi > May 18, 2021 12:17 PM | Report Abuse

It is clear some 'investors' here are actually short-term traders who are chasing after Quarter on Quarter profit growth without an understanding of intrinsic value

The Engineering segment - which consists of Construction projects (MRT2 MMC-Gamuda JV) is lumpy - Engineering EBITDA 4Q20 173mil vs 3Q20 85mil

In addition, MMC displays seasonality in quarterly results. Except for FY2013 (gain on listing of Malakoff) and FY2015 (gain on listing of Gas Malaysia), 4th Qtr ending December results are usually the highest, with the next quarter results (1st Qtr) ending March showing a QoQ decline

Posted by abc333 > 2021-05-24 18:38 | Report Abuse

guys , this is the best Q1 since 2005 , just grab and double your money in less than 9 months

Posted by probability > 2021-05-24 18:38 | Report Abuse

satisfied with the port performance as predicted (next qtr will be even better due to Suez canal clearing pent up vessels), only the engineering segment did not turn out as pingdan predicted...if it comes next qtr, it will be a record qtr earnings

Posted by emsvsi > 2021-05-24 18:57 | Report Abuse

Note: 1Q21 has not taken into account amongst others -
a) Suez Canal congestion (blockage was only lifted on 29 March 2021)
b) Land sales in April 2021

Compared to Westports: -
1) The quarterly performance are inversely related on a QoQ basis - when one is up, the other is down and vice versa: -

MMC
Qtr PAT (RM mil)
1Q21: 124.7
4Q20: 179.1
3Q20: 60.9
2Q20: 77.4
1Q20: 57.9

Westports
Qtr PAT (RM mil)
1Q21: 208.3
4Q20: 163.5
3Q20: 203.8
2Q20: 134.3
1Q20: 152.8

*You can plot the results on a graph and see for yourself the 'zigzag' pattern

2) Most importantly, on a Year-on-Year basis MMC has again shown a more than 100% growth for 2 consecutive quarters: -

1Q21 vs 1Q20 +115%
4Q20 vs 4Q19 +163%

Thus based on the 2 consecutive quarters of triple digit YoY growth, MMC's performance will in fact far surpass that of Westports on a full year basis

For reference, for the full FY2020, MMC PATAMI = RM 376mil - projecting a 100% growth will give a FY2021 PATAMI of ~ RM750mil

Sincerely,
EMSVSI


**For ease of reference:
MMC's quarterly results - https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=2194
Westports quarterly results - https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=5246

Posted by coffeesheep > 2021-05-24 19:53 | Report Abuse

MMC’s 1Q net profit jumps on higher container volumes at Northport, PTP

https://www.theedgemarkets.com/article/mmcs-1q-net-profit-jumps-higher-container-volumes-northport-ptp

Posted by SincereStock > 2021-05-24 20:59 | Report Abuse

another thing I think worth mention is that few weeks of MCO 2.0 also happened at Q1, which shows that MCO won't affect MMC's ports profits. MMC is a company worth to invest while covid is still at peak at our country. While some of the other listed companies suffers huge loss every quarters and have hard time to recover themselves. MMC remains unaffected and still growing

Posted by steve8lily > 2021-05-24 21:19 | Report Abuse

Wish tomorrow could break thru resistant 1.2

Posted by shortinvestor77 > 2021-05-24 21:55 | Report Abuse

TP: RM1.45 in short term.

Posted by information > 2021-05-24 22:15 | Report Abuse

https://www.theedgemarkets.com/article/airport-port-operators-can-optimise-workforce-ensure-activities-not-affected

In welcoming the National Security Council’s (MKN) decision to limit the private sector workforce capacity to 60% in an effort to prevent further outbreaks of Covid-19, Wee, however, said delivery of essential goods through airports and ports nationwide to their intended destinations must not be affected or hindered to ensure adequate supply.

“Therefore, I have instructed airport and port authorities as well as operators only to optimise their operational staffing levels to their respective needs to ensure that import and export activities are not adversely affected during the MCO 3.0 period,” he said in a statement today

...........

safe haven stock compared to the rest in bursa next 2 years