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 2 weeks ago

SifuKing

81 posts

Posted by SifuKing > 2016-03-24 00:17 | Report Abuse

ai-kin-lai=ai-kan-lai ask noob better ask lau-yee ai-kan lai lai lai!

aikinlai

896 posts

Posted by aikinlai > 2016-03-24 05:36 | Report Abuse

Aisk,,,,ask question nia, also kena hantam, if i not noob then i not need to ask.

OPMS

1,183 posts

Posted by OPMS > 2016-03-24 05:51 | Report Abuse

the problem is, noob dunno to answer

supersaiyan3

3,128 posts

Posted by supersaiyan3 > 2016-03-24 08:28 | Report Abuse

aikinlai, yes

aikinlai

896 posts

Posted by aikinlai > 2016-03-24 08:50 | Report Abuse

Supersaiyan3, thank you very very much

superfly

519 posts

Posted by superfly > 2016-03-24 11:00 | Report Abuse

hmmm..

ivankvs

517 posts

Posted by ivankvs > 2016-03-24 12:12 | Report Abuse

Top 30 shareholders controlling more than 94% stake in MMC.
Smell something?

Posted by Johnsonwong > 2016-03-24 12:20 | Report Abuse

Price Burst Soon

paperplane2016

21,625 posts

Posted by paperplane2016 > 2016-03-24 14:15 | Report Abuse

LTAT KEEP BUYING

paperplane2016

21,625 posts

Posted by paperplane2016 > 2016-03-24 14:17 | Report Abuse

nta=2.97, don't forget this.
once port unlock......

Posted by Johnson Wong > 2016-03-24 19:52 | Report Abuse

Wait for announcement of Contract Award

markkim

111 posts

Posted by markkim > 2016-03-25 08:32 | Report Abuse

last call !!, fly very very soon.

FullTime

1,074 posts

Posted by FullTime > 2016-03-25 08:55 | Report Abuse

Profit taking any moment, run!

Posted by M Blu Cantrell > 2016-03-25 10:43 | Report Abuse

Nice..collect ..

tjhldg

27,218 posts

Posted by tjhldg > 2016-03-27 19:41 | Report Abuse

Kikikikiiii

Ayat

231 posts

Posted by Ayat > 2016-03-27 19:46 | Report Abuse

M. Blu, tjhldg is slowing unloading, just like Ayam Tua.

Posted by Alex Lim Jun Xiong > 2016-03-27 21:23 | Report Abuse

tjhldg, should I accumulate or unload?

paperplane2016

21,625 posts

Posted by paperplane2016 > 2016-03-27 21:30 | Report Abuse

Just buy. Rm3 min

tjhldg

27,218 posts

Posted by tjhldg > 2016-03-27 22:29 | Report Abuse

hehehhe .. tj nobody la .. is adding actually :)

paperplane2016

21,625 posts

Posted by paperplane2016 > 2016-03-28 07:22 | Report Abuse

Just buy. If not tomorrow wake up rm3

Posted by Johnson Wong > 2016-03-28 07:28 | Report Abuse

Short term TP 2.30, end of year 3.0

ivankvs

517 posts

Posted by ivankvs > 2016-03-28 10:31 | Report Abuse

1st target RM 2.10, follow by RM 2.30

paperplane2016

21,625 posts

Posted by paperplane2016 > 2016-03-28 12:23 | Report Abuse

3.5, no need so many TP

tressele

1,498 posts

Posted by tressele > 2016-03-28 14:36 | Report Abuse

wow big roadblock at 2.10. Accumulating stage?

manji

223 posts

Posted by manji > 2016-03-28 18:53 | Report Abuse

sifu paperplane any other construction counters to recommend?

Posted by Johnson Wong > 2016-03-28 21:56 | Report Abuse

Gamuda to gain from MRT2 tunnelling works

28 Mar 2016, Monday

KUCHING: Gamuda Bhd (Gamuda) will likely benefit from the upcoming contracts award for the tunnelling portion of Mass Rapid Transit Line 2 (MRT2).

Analysts were positive on the chances of the construction company securing some of the work packages for the infrastructure project which could see contracts award soon.

Following a company’s briefing, analysts gathered that contracts award for MRT2 work packages especially tunnelling works could be just around the corner.

The research arm of Hong Leong Investment Bank Bhd (HLIB Research) in a report, noted the tunnelling contract for MRT2 could be awarded within the next two weeks.

It observed the underground portion for MRT2 will span across 13.5 km, 42 per cent longer than MRT1.

As a result, it noted the contract sum for MRT2 will be higher at an estimated RM12 billion as compared to MRT1 of RM8 billion.

The research firm gathered that the MMC-Gamuda joint venture (JV) along with three foreign consortiums are contending for the job.

It opined that the MMC-Gamuda JV is in a polar positon to bag the tunnelling works given several factors.

Those include cost advantage from the reuse of tunnel boring machines from MRT1 and 7.5 per cent pricing advantage accorded under the Swiss Challenge, a process in public procurement.

Similarly, analysts from TA Securities Holdings Bhd (TA Research) said the awards for the MRT line 2 underground package and two elevated packages are imminent.

The research house strongly believed the MMC-Gamuda JV would secure the underground package given its familiarity with the ground condition after undertaking the underground works for line 1 and strong execution track record.

Concurring with HLIB Research and TA Research, the research division of Public Investment Bank Bhd (PublicInvest Research) in another report said Mass Rapid Transit Corporation Sdn Bhd (MRT Corp) will unveil the winners for at least three packages for MRT2 soon including underground package.

The research firm observed among the key jobs eyed by Gamuda are the MRT 2 tunnel works worth approximately RM6.5 billion and tendering as sub-contractor for other projects such as the Pan Borneo Highway and Light Rapid Transit Line 3 (LRT3). Meanwhile, the research arm of Maybank Investment Bank Bhd (Maybank IB Research) in another report said said tenders for several civil work packages including the underground tunnelling and elevated viaducts were on-going.

It noted Gamuda is anticipating the major civil job awards for MRT2 will start within one month.

The research firm noted the entire civil works would be awarded over the next 12-15 months. It added the elevated viaducts will comprise 10 packages; four northern packages and six southern packages.

Maybank IB Research observed that similar to MRT 1, the northern packages for MRT2 would be more challenging than the southern packages as the construction will be done in more densely populated areas and requires better traffic management.

Therefore, it believed the northern packages would be awarded first and it was opened to just MRT1 main contractors.

In the meantime, Gamuda which released its second quarter financial year 2016 (2QFY16) financial performance ended January 2016 recently said net profit decreased by 12 per cent year-on-year (y-o-y) to RM160.11 million from RM182.18 million recorded for 2QFY15 ended Jan 2015.

The company added 2QFY16 revenue also declined by 19.3 per cent y-o-y to RM527.43 million from RM653.24 million for 2QFY15.

ivankvs

517 posts

Posted by ivankvs > 2016-03-29 09:54 | Report Abuse

..

tressele

1,498 posts

Posted by tressele > 2016-03-29 16:34 | Report Abuse

wahh buyer all gone. what happened?

Posted by Johnsonwong > 2016-03-29 16:40 | Report Abuse

Just wait for BIGGEST PACKAGE of MRT2

Posted by M Blu Cantrell > 2016-03-29 18:36 | Report Abuse

Collect... Wait and see

ivankvs

517 posts

Posted by ivankvs > 2016-03-29 19:29 | Report Abuse

^_^

Posted by Johnson Wong > 2016-03-29 20:55 | Report Abuse

MMC Corp Bhd-Gamuda joint venture (JV) would secure the underground package given its: i) familiarity with the ground condition after undertaking the underground works for MRT Line 1; ii) strong execution track record with MRT line 1; iii) cost advantage as the tunnel boring machine used in MRT Line 1 could be reused for MRT Line 2; and iv) advantage under the Swiss Challenge tender method, which allows the JV to match or better the best bid submitted by competitors.

The total cost of MRT Line 2 is estimated at between RM28 billion and RM30 billion.

abc123

147 posts

Posted by abc123 > 2016-03-29 21:31 | Report Abuse

New Support level has been formed on 2.05, 2.07 is still a very cheap to Buy!

paperplane2016

21,625 posts

Posted by paperplane2016 > 2016-03-30 00:00 | Report Abuse

Beside mmccorp, gkent! Mmccorp slow steady, and might spin off port in future. Gkent more of a swing playing.

markkim

111 posts

Posted by markkim > 2016-03-30 09:00 | Report Abuse

undervalue stock, cheap sale !!

Posted by Mohd Fahmi Bin Jaes > 2016-03-30 15:46 | Report Abuse

2.09 time to sell

paperplane2016

21,625 posts

Posted by paperplane2016 > 2016-03-30 15:48 | Report Abuse

YES, return back strongly. RM3.50!

Posted by SuperTrade > 2016-03-30 15:52 | Report Abuse

this is very good stock

Posted by Johnsonwong > 2016-03-30 15:53 | Report Abuse

Undervalue

Jay Tara

35 posts

Posted by Jay Tara > 2016-03-30 16:10 | Report Abuse

can buy ??

Posted by SuperTrade > 2016-03-30 16:25 | Report Abuse

undervalue good stock its still very cheap to buy

Jay Tara

35 posts

Posted by Jay Tara > 2016-03-30 16:26 | Report Abuse

bought c 1 0.16

Posted by Michael Wong Yew Kong > 2016-03-30 16:28 | Report Abuse

Massive debt but a good company. Trade with cautions.

Posted by Pui Che Hong > 2016-03-30 20:06 | Report Abuse

Tomorrow hope will fly to 2. 19 . Huat lah

paperplane2016

21,625 posts

Posted by paperplane2016 > 2016-03-31 09:52 | Report Abuse

slowly but surely

Posted by Johnsonwong > 2016-03-31 15:16 | Report Abuse

AWARDED

ivankvs

517 posts

Posted by ivankvs > 2016-03-31 16:20 | Report Abuse

sell after news out?

keng88

2,768 posts

Posted by keng88 > 2016-03-31 17:25 | Report Abuse

sudah 2.19 now

Ryan Chong

1,603 posts

Posted by Ryan Chong > 2016-03-31 17:26 | Report Abuse

buy buy buy

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