MMC CORPORATION BHD

KLSE (MYR): MMCCORP (2194)

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Last Price

1.99

Today's Change

0.00 (0.00%)

Day's Change

1.99 - 2.00

Trading Volume

10,938,600


11 people like this.

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

hhc8

102 posts

Posted by hhc8 > 2021-06-08 15:19 | Report Abuse

if buy 1.80. 20 sen or 10% in 6 months. annualised 20% pa. not bad compared to FD 2.2%

keown83

627 posts

Posted by keown83 > 2021-06-08 15:20 | Report Abuse

i saw some similar pattern in ccb & fgv post announcement of privatisation takeover offer..i guess the same similar pattern will happen to mmccorp next

Posted by steve8lily > 2021-06-08 15:21 | Report Abuse

i buy in@1.8 again... free money for20sen wor....

dompeilee

11,887 posts

Posted by dompeilee > 2021-06-08 15:31 | Report Abuse

Bought more for 1.80

Sslee

5,509 posts

Posted by Sslee > 2021-06-08 15:38 | Report Abuse

https://themalaysianlawyer.com/2018/10/26/selangor-properties-berhad-proposed-selective-capital-reduction/
Stock [SPB]: SELANGOR PROPERTIES BERHAD
Announcement Date 29-Apr-2019
Financial Year 31-Oct-2018
Subject Others
Type Capital Repayment
Description Selective capital reduction and repayment exercise pursuant to Section 116 of the Companies Act (SCR)
Amount RM 6.3
Ex Date 10-May-2019
Entitlement Date 13-May-2019
Payment Date 23-May-2019

Example of time taken to complete the SCR

Sslee

5,509 posts

Posted by Sslee > 2021-06-08 15:43 | Report Abuse

SELANGOR PROPERTIES BERHAD
Initial SCR offer RM 5.70 on 25th Oct 2018.
Done at RM6.30 ex date 10th May 2019

AmongUs

53 posts

Posted by AmongUs > 2021-06-08 15:46 | Report Abuse

coming to last week price

PSAi3alert

982 posts

Posted by PSAi3alert > 2021-06-08 15:51 | Report Abuse

Sslee, the SelProp's case included pasar-malaming from 5.7 to 6.0 and finally 6.3.

pang72

49,608 posts

Posted by pang72 > 2021-06-08 15:55 | Report Abuse

Good example of selangor property!!

jayman

28 posts

Posted by jayman > 2021-06-08 15:56 | Report Abuse

Shark collect @1.81 and sell @1.82, keeping billis in a dilemma in between whether to sell or to buy

Sslee

5,509 posts

Posted by Sslee > 2021-06-08 16:00 | Report Abuse

On behalf of the Board, CIMB Investment Bank Berhad wishes to announce that the Board, has today, received a letter from Kayin Holdings Sdn Bhd to revise the SCR Offer Price for the Proposed SCR from RM5.70 to RM6.00 for each existing SPB Share (“Revised SCR Offer Price”) held by the Entitled Shareholders (“Revised Proposal Letter”). Save for the Revised SCR Offer Price, all other material terms and conditions to the Proposed SCR remain the same.

A copy of the Revised Proposal Letter is enclosed herewith.
This announcement is dated 17 December 2018.

On behalf of the Board, CIMB Investment Bank Berhad wishes to announce that the Board, has today, received a letter from Kayin Holdings Sdn Bhd to revise the SCR Offer Price for the Proposed SCR from RM6.00 to RM6.30 for each existing SPB Share (“Revised SCR Offer Price”) held by the Entitled Shareholders (“Revised Proposal Letter”).
This announcement is dated 15 January 2019.

Sslee

5,509 posts

Posted by Sslee > 2021-06-08 16:07 | Report Abuse

The Board of Directors of SPB wishes to announce that the disinterested shareholders of SPB have approved the Special Resolution set out in the Notice of Extraordinary General Meeting ("EGM") dated 22 January 2019 in respect of the Proposed SCR, at the EGM of SPB held today, 14 February 2019.

jayman

28 posts

Posted by jayman > 2021-06-08 16:12 | Report Abuse

1m plus queue wiped off. hmmm

Sslee

5,509 posts

Posted by Sslee > 2021-06-08 16:21 | Report Abuse

Any Revised SCR offer price need to be done before notices of EGM. After that it depend on disinterested shareholders voting at EGM to accept or reject the offer.

superdog

29 posts

Posted by superdog > 2021-06-08 16:30 | Report Abuse

bought 1.2 sold all at 1.80 happy liao, the remaining 0.20sen let other people earn it

Jacky_87

175 posts

Posted by Jacky_87 > 2021-06-08 16:33 | Report Abuse

Ewint, uptrending stock. Tomorrow cont

SincereStock

2,265 posts

Posted by SincereStock > 2021-06-08 16:40 | Report Abuse

bought 1.1 below still holding tight, not giving up 0.20sen that is rightfully mine at this point

jayman

28 posts

Posted by jayman > 2021-06-08 16:44 | Report Abuse

Sharks buy 1.8 sell 1.8, in between eat bilis

SincereStock

2,265 posts

Posted by SincereStock > 2021-06-08 16:59 | Report Abuse

whatever the shark want to do now, the boss will be my buyer

wickedlion

893 posts

Posted by wickedlion > 2021-06-08 18:08 | Report Abuse

well played, sharks. you want eat all bilis till no one left.

Investor48

1,330 posts

Posted by Investor48 > 2021-06-08 18:14 | Report Abuse

Aiyo..1.80 how to sell..?
No choice..just hold lo..

Hehe...

DepecheM

810 posts

Posted by DepecheM > 2021-06-08 18:18 | Report Abuse

Call warrants gamblers kena burnt?!

其辉

104 posts

Posted by 其辉 > 2021-06-08 18:36 | Report Abuse

When is the EGM?

dompeilee

11,887 posts

Posted by dompeilee > 2021-06-08 18:51 | Report Abuse

Win tax case against IRB!

James Ng

2,691 posts

Posted by James Ng > 2021-06-08 18:57 | Report Abuse

https://klse.i3investor.com/blogs/general/2021-06-08-story-h1566108828.jsp
[转贴] [Video:浅谈MMC CORP BHD, MMCCORP, 2194] - James的股票投资James Share Investing

abc333

1,518 posts

Posted by abc333 > 2021-06-08 19:31 | Report Abuse

price may hang around 1.8+ for weeks. park here to get 11% profit within 3 months. If the take over failed, will unlock MMc true value 2.5+

Bullbursa

454 posts

Posted by Bullbursa > 2021-06-08 19:39 | Report Abuse

Higher offer likely

calvintaneng

55,144 posts

Posted by calvintaneng > 2021-06-08 19:45 | Report Abuse

focusinvestor SM offer RM 2 to take MMC private when the NTA is RM 3.18, Felda offer to take FGV private at RM 1.30 while it's NTA is RM 1.14.


Posted by calvintaneng > Jun 4, 2021 2:11 PM | Report Abuse

Syed Moktar offered to take Mmc private at Rm2.00

from Rm1.30

Last time Syed Moktar took UMland private at Rm3 when it was Rm1.00

If Syed Moktar is in charge of Fgv he would probably offer Rm2.50 to take Fgv private
08/06/2021 5:31 PM
X
calvintaneng focusinvestor

where did you focus?

Did you do a deep study of MMC & FGV ASSETS?

MMC Senai Airport lands Book Value Rm15.00 psf

FGV Book Value only 7.2 Sen a Share

How much is 7.2 sen compared to Rm15.00?

FGV Assets are at OLD BOOK VALUE SINCE PRE INDEPENDENT TUNKU ABDUL RAHMAN TIME

IF REVALUED NTA SHOULD REACH RM8.00 TO RM10.00

Now you better go take Night Classes to Improve your Maths ok
08/06/2021 7:40 PM

fms016

314 posts

Posted by fms016 > 2021-06-08 19:49 | Report Abuse

Jaynan,

Shark don't want to lose money .they bought rm1.80, the price for sell queue will increase at least rm1.81 (as per closing price for sell queue)..

SincereStock

2,265 posts

Posted by SincereStock > 2021-06-08 20:58 | Report Abuse

@wickedlion cannot eat until no bilis left la, at least one bilis here still holding firm at 1.80, not selling at 1.80, then of course not selling at any lower price, the only thing that can fear me out if the boss announced u turn

SincereStock

2,265 posts

Posted by SincereStock > 2021-06-08 21:02 | Report Abuse

I am good enough not to be greedy if it the boss himself offered to privatize at RM1.80, but since now the boss already said Rm2, then RM2 at least. 10% discount is definitely a big NO

Posted by birkincollector > 2021-06-08 21:21 | Report Abuse

boss purposely released some shares for certain parties to grab........for GE funds lol

keown83

627 posts

Posted by keown83 > 2021-06-08 22:53 | Report Abuse

this is TS SM we are talking about..i may not used to this kind of exercise but at least i know when he want to do something he really mean it..so u-turn is not part of TS SM character afaik

keown83

627 posts

Posted by keown83 > 2021-06-08 22:55 | Report Abuse

RM2.00 is what i will hold on to as a guideline..a bit more than that is a bonus..far more than that is a wet dream

Posted by Azam Sahlan > 2021-06-09 01:56 | Report Abuse

10% profit is a fine thing

bulldog

12,157 posts

Posted by bulldog > 2021-06-09 08:32 | Report Abuse

Accumulation in progress

Huat chaiii

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-06-09 08:49 |

Post removed.Why?

Posted by Musangkingfarmer > 2021-06-09 09:20 | Report Abuse

people worried about u-turn, but is there any reason you can give to justify a u-turn? Because even though the major share holder himself not allowed to sell his own share, but he can tell his relative or friends to sell their shares and earn easy money. If this is allowed, then lots of other company's major share holder will play this kind of game already. Some so called u-turn case was "announced" by news media, not Bursa announcement.

sunnyleong

307 posts

Posted by sunnyleong > 2021-06-09 09:35 | Report Abuse

Well done. Congratulation

Petronas

815 posts

Posted by Petronas > 2021-06-09 09:40 | Report Abuse

Buy

SincereStock

2,265 posts

Posted by SincereStock > 2021-06-09 09:40 | Report Abuse

top up again a few @ Rm1.8 to maximize profit here with my left over cash for investment, minimum risk with promised 10% profit. I trust the boss because he is the one who will be benefit the most from the privatization

sunnyleong

307 posts

Posted by sunnyleong > 2021-06-09 09:50 | Report Abuse

I now watch horse show.

sunnyleong

307 posts

Posted by sunnyleong > 2021-06-09 09:53 | Report Abuse

Em, mamak show, pusing roti canai.

sunnyleong

307 posts

Posted by sunnyleong > 2021-06-09 09:56 | Report Abuse

Always learn from movie. Dun goreng till jatuh dalam longkang.

SincereStock

2,265 posts

Posted by SincereStock > 2021-06-09 10:14 | Report Abuse

seems like won't move up from 1.8 level until someone accumulated enough, this counter really test patience, although reward is promised

Michael R.

4,779 posts

Posted by Michael R. > 2021-06-09 10:23 | Report Abuse

if u turn sure die who bought.... could be election money cashing out....

Michael R.

4,779 posts

Posted by Michael R. > 2021-06-09 10:24 | Report Abuse

PEJUANG invited to palace...

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