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

SincereStock

2,008 posts

Posted by SincereStock > 2021-10-01 17:16 | Report Abuse

@winningpost ASTRO NTA only RM0.20, revenue / EPS keep lowering already, no chance to back to former glory, so privatize for what? current price RM1+ also very miraclely overpriced already

hostan

87 posts

Posted by hostan > 2021-10-02 12:37 | Report Abuse

If buy in RM1. 96,wait year end will get return 8% per annual.

Karlos

1,257 posts

Posted by Karlos > 2021-10-02 17:05 | Report Abuse

Yes definitely better than putting money in bank deposits.

Posted by Benhobenhobenho > 2021-10-02 21:28 | Report Abuse

@hostan, have u included the broker's fees n stamp duties when arrived at this 8% per annum

rohank71

827 posts

Posted by rohank71 > 2021-10-03 22:42 | Report Abuse

court documents already submitted so in 2.5 to 3 months payout. thats 8% or more..

probability

14,402 posts

Posted by probability > 2021-10-03 22:43 | Report Abuse

guys how u derive 8%?

Posted by rohank71 > Oct 3, 2021 10:42 PM | Report Abuse

court documents already submitted so in 2.5 to 3 months payout. thats 8% or more..

rohank71

827 posts

Posted by rohank71 > 2021-10-04 12:43 | Report Abuse

annualised 8% yield. 3 mths 2%.

probability

14,402 posts

Posted by probability > 2021-10-04 14:54 | Report Abuse

ok thanks

curly2328

42 posts

Posted by curly2328 > 2021-10-04 17:29 | Report Abuse

good stock :)

Posted by Benhobenhobenho > 2021-10-07 10:12 | Report Abuse

Tan sri SM is a genuine businessman unlike many others who don't walk the talk.

stockraider

31,556 posts

Posted by stockraider > 2021-10-07 11:14 | Report Abuse

Hold for good fd return loh!

EVEBITDA

145 posts

Posted by EVEBITDA > 2021-10-17 11:00 | Report Abuse

SM is not a good businessman and has always know to screw his shareholders. even pnb had to run away at 2.00 when the IA clearly said its worth 3.30. sad day for malaysia corpgov... but great day for shortterm investors.

EVEBITDA

145 posts

Posted by EVEBITDA > 2021-10-17 11:01 | Report Abuse

yield investors can pile on more.

csan

435 posts

Posted by csan > 2021-10-18 19:02 | Report Abuse

rohank71, not 3 months. court hearing to grant scr is on 1 November 2021. by 31 November 2021 should be paid out already. just 1 month and 2 weeks left.

rohank71

827 posts

Posted by rohank71 > 2021-10-18 21:47 | Report Abuse

circular and at EGM Directors said payment is before 31 Dec 2021. so be safe/prudent. earlier better for all of us.

EVEBITDA

145 posts

Posted by EVEBITDA > 2021-10-22 00:34 | Report Abuse

next week will steady at 1.97 and by mid Nov 1.98.

csan

435 posts

Posted by csan > 2021-10-22 23:30 | Report Abuse

should be 1.99 to 2 by november. syed mokhtar should be scooping up all the shares below 2.

firehawk

4,771 posts

Posted by firehawk > 2021-11-03 07:15 | Report Abuse

those bought C29 would also get their expiry paid :D

Posted by ageetkumar > 2021-11-03 12:18 | Report Abuse

Any update on the court hearing?

Edttk76

43 posts

Posted by Edttk76 > 2021-11-05 12:35 | Report Abuse

Best investment of the year TQ

EVEBITDA

145 posts

Posted by EVEBITDA > 2021-11-06 18:01 | Report Abuse

in next 9 days should announce book closure dates and suspension. expected payout of 2.00 should be around 15th to 20th dec at the latest.

stockraider

31,556 posts

Posted by stockraider > 2021-11-07 09:55 | Report Abuse

If u get your money back on MMC...put it to good use like raider...go and buy insas, bplant, bjland or taann loh!

Syndicates

865 posts

Posted by Syndicates > 2021-11-12 16:32 | Report Abuse

knn insider lagi

veritas

48 posts

Posted by veritas > 2021-11-15 19:02 | Report Abuse

Capital repayment will be made on Dec 3rd

t0pup

55 posts

Posted by t0pup > 2021-11-16 15:22 | Report Abuse

Why have ppl buying 2.00?

Posted by ageetkumar > 2021-11-16 16:02 | Report Abuse

Delisting by next weekend

EVEBITDA

145 posts

Posted by EVEBITDA > 2021-11-18 01:26 | Report Abuse

wow fantastic. earlier than my expectation. well done but u guys will be even surprised when SM relist the ports at 15B or more valuation. remember a leopard will not change his skin... so is SM

EVEBITDA

145 posts

Posted by EVEBITDA > 2021-11-18 01:29 | Report Abuse

those who bought the call warrant would have made more esp the C29. kudos and thank SM.

firehawk

4,771 posts

Posted by firehawk > 2021-11-18 07:42 | Report Abuse

After EGM still have opportunity to buy C29 @0.745/0.75 :-)

Musfaz83

616 posts

Posted by Musfaz83 > 2021-11-18 16:48 | Report Abuse

apa lahanat sial aku beli rm3 nk kene jual rm2 !

SincereStock

2,008 posts

Posted by SincereStock > 2021-11-19 09:46 | Report Abuse

@musfaz83 beli saham mesti beli yg sangat2 undervalue saja, paling bagus harga kurang dari separuh NTA, selamat sikit

SincereStock

2,008 posts

Posted by SincereStock > 2021-11-19 09:50 | Report Abuse

kalau ikut technical analysis saja memang mampus, super overvalue pun boleh beli ja asal chart cantik, padahal yang di beli tu barang yang x sepatutnya begitu mahal, macam main judi buang duit ke laut

SincereStock

2,008 posts

Posted by SincereStock > 2021-11-19 09:52 | Report Abuse

yang x puas hati jual MMC RM2 boleh consider pindah ke SURIA. SURIA pun worth at least RM2 ke atas, skrg masih lagi jual RM1.22 saja. NTA pun tinggi RM3.27!

SincereStock

2,008 posts

Posted by SincereStock > 2021-11-19 09:53 | Report Abuse

kalau privatize macam MMC pun free free at least RM2 ke atas

Musfaz83

616 posts

Posted by Musfaz83 > 2021-11-21 08:42 | Report Abuse

Zalim , x adil .

SincereStock

2,008 posts

Posted by SincereStock > 2021-11-21 22:53 | Report Abuse

@Musfaz83 main saham mana ada guarantee menang punya? kalau bukan boss SM mahu beli balik RM2, mungkin skrg masih lagi RM1 market price.

kalau rugi tu zalim, ya memang dunia saham ni zalim sebab banyak yang rugi, terutamanya retailers macam kami

SincereStock

2,008 posts

Posted by SincereStock > 2021-11-26 08:39 | Report Abuse

good bye MMCCORP, thanks for the huge profit, time to delete you from watchlist

Posted by Benhobenhobenho > 2021-11-26 11:17 | Report Abuse

True also, if there's no privatisation offer from tan sri, price may just be trading around 1rm or even less now

Musfaz83

616 posts

Posted by Musfaz83 > 2021-11-26 16:28 | Report Abuse

if no privatise i can earn dividend . fck SM

SincereStock

2,008 posts

Posted by SincereStock > 2021-11-26 18:38 | Report Abuse

@musfaz83 many other stocks can earn dividend, with entry price of RM3, your dividend rate here will be so much lesser than FD

Moratorium

192 posts

Posted by Moratorium > 2021-11-27 14:41 | Report Abuse

Thank you and goodbye MMC...

EVEBITDA

145 posts

Posted by EVEBITDA > 2021-11-28 01:27 | Report Abuse

MMC was a great play for all those who bought in last 3 to 4 years... sorry for the people who believed in SM and hoped he will deliver. when pnb can throw the towel on him it says alot... dont trust a crook.

EVEBITDA

145 posts

Posted by EVEBITDA > 2021-11-28 01:31 | Report Abuse

SM only enriches himself. its a fact and its all written in the wall ie relisting of malakof and even more interesting is he is taking mmc private cheaper than hiis injection and projected cashflows of ptp in 1999. shame to bursa.

Karlos

1,257 posts

Posted by Karlos > 2021-11-30 12:40 | Report Abuse

Well don't blame any body for taking a good but much undervalued company such as MMC private. Many had chosen to invest or speculate companies with no real biz and ignore companies with excellent biz.
Still there are many much unappreciated and hence undervalued companies still remain listed. Try to understand their biz and biz models and the impacts on their capital structures and cashflows. Don't just simply assume companies with heavy borrowings and with negative cashflows are bad.

Karlos

1,257 posts

Posted by Karlos > 2021-11-30 12:45 | Report Abuse

Most put the value on MMC at least RM 3.50 or even more. Those who are intelligent and patient enough to invest in MMC had harvested good gains and let us move on to other equally, if not more , undervalued counters. And fortunately there are many still around !

SincereStock

2,008 posts

Posted by SincereStock > 2021-11-30 12:47 | Report Abuse

@karlos indeed, blame nobody but MR market itself only

no matter how good you think your investment is, if MR market disagree, then be it

Karlos

1,257 posts

Posted by Karlos > 2021-11-30 13:02 | Report Abuse

@ SincereStock. You claim you are new but your thinking is very rational and unemotional and I certainly believe you will do well investing in the stock market
There is no guru or sifu to follow but must chose what ever style that are most suitable for your own situations and inclinations.

SincereStock

2,008 posts

Posted by SincereStock > 2021-11-30 13:44 | Report Abuse

@karlos thank you ^_^

Posted by Benhobenhobenho > 2021-12-01 18:48 | Report Abuse

It's a fact that if there's no privatisation by tan sri, mmc will be still trading at below 2.00 or worst below 1

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