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

Ron90

4,056 posts

Posted by Ron90 > 2019-04-08 23:54 | Report Abuse

$hit !!..no wonder price doesn't move up as expected....EPF is buying !

newbie911

1,111 posts

Posted by newbie911 > 2019-04-09 00:53 | Report Abuse

Mmc got no hope in ecrl?

Willbegood

109 posts

Posted by Willbegood > 2019-04-09 10:38 | Report Abuse

hopeless...

Ron90

4,056 posts

Posted by Ron90 > 2019-04-09 11:25 | Report Abuse

yes !..hope today's transaction if finished above 1.02 cents, confirmed double bottom...beli banyak at 1.01 this morning..huhu

Ron90

4,056 posts

Posted by Ron90 > 2019-04-09 11:29 | Report Abuse

dividend 4%..higher than FD

Ron90

4,056 posts

Posted by Ron90 > 2019-04-09 11:36 | Report Abuse

so sunyi la this counter..aku jer yg ada ker??

Ron90

4,056 posts

Posted by Ron90 > 2019-04-09 11:39 | Report Abuse

pop corn..

dabosss

10 posts

Posted by dabosss > 2019-04-09 11:41 | Report Abuse

1.11 lol

newbie911

1,111 posts

Posted by newbie911 > 2019-04-09 13:37 | Report Abuse

Hsr + ecrl= huat liao for mmc

nckcm

2,726 posts

Posted by nckcm > 2019-04-09 14:07 | Report Abuse

Hsr maybe cancel. Better run, before noon someone goreng mmc they prolly know the news before us

GreenTrade

630 posts

Posted by GreenTrade > 2019-04-09 14:25 | Report Abuse

Should go up further..
This stock used to be trading at RM 2-3...

YF24

1,224 posts

Posted by YF24 > 2019-04-09 17:12 | Report Abuse

Buy 1.01 Sell 1.07 buy back 1.06 i think will go further to 1.12-1.15

ikah2000

474 posts

Posted by ikah2000 > 2019-04-10 21:22 | Report Abuse

yes i ready bullet to buy this stock at 1 or below... come come...pac man is here to eat all

LuckyG

1,698 posts

Posted by LuckyG > 2019-04-10 21:36 | Report Abuse

eat all ? hahaha

sowQ

331 posts

Posted by sowQ > 2019-04-11 10:03 | Report Abuse

sellers look like tailend already..watch out this stock

Posted by Nelson Yoong > 2019-04-11 10:06 | Report Abuse

Think MMC going to explode soon!!!

劉尹光

490 posts

Posted by 劉尹光 > 2019-04-11 10:52 | Report Abuse

come come further drop.. i waiting you...

GreenTrade

630 posts

Posted by GreenTrade > 2019-04-11 12:03 | Report Abuse

MMC’s outlook for its ports and logistics business is still good. While the engineering division may face near-term uncertainties, the ports unit’s net profit should enjoy double digit growth due to full-year contributions from Penang port in 2019.

The port and logistics business is a cash cow gold mine..


There are some construction projects ongoing but the construction division only accounts for less than 20% of the group's net profit. People are selling out of fear (2018) and now its clearly oversold and undervalued.

Any mega projects for MMC would be an unexpected bonus.

At this price of range of 1.xx , Nta 3.14 and dividend of 4 cents...

Cheap..

劉尹光

490 posts

Posted by 劉尹光 > 2019-04-11 12:10 | Report Abuse

yes! div is high ooo... sure i buy it.. have to wait below RM1, then i use margin to buy it..

ikah2000

474 posts

Posted by ikah2000 > 2019-04-11 12:24 | Report Abuse

if mmc explode, all of us will die....

Posted by Nelson Yoong > 2019-04-11 12:28 | Report Abuse

hehehe not the PORTS i mean the SHARES PRICE,hehehe,Funny

劉尹光

490 posts

Posted by 劉尹光 > 2019-04-11 17:09 | Report Abuse

i enter at 1.01 early morning...

LuckyG

1,698 posts

Posted by LuckyG > 2019-04-11 17:38 | Report Abuse

1.01 when i go lunch .... dammit . i bought 1.03 1.04

YF24

1,224 posts

Posted by YF24 > 2019-04-11 18:08 | Report Abuse

haha....damplit i miss 1.01

劉尹光

490 posts

Posted by 劉尹光 > 2019-04-11 19:04 | Report Abuse

bless MMC smoothing saling at peak price at short term period...

Ron90

4,056 posts

Posted by Ron90 > 2019-04-11 23:19 | Report Abuse

building railway, ecrl or hsr..you need flat ground..and when facing hills or mountain, u kena dig la..and MMC-Gamuda is the best companies.

ikah2000

474 posts

Posted by ikah2000 > 2019-04-12 00:37 | Report Abuse

whether ECRL project, will re–tender or using back the previous administration succeful bidder...
1.,AQRS GABUNGAN
2. SUNWAY CONSTRUCTION
3.MRCB
4. WCT
5. HUME INDUSTRY
6. ANN JOO
7. LAFARGE INDST

but never mention MMC...it is hopless...

Ron90

4,056 posts

Posted by Ron90 > 2019-04-12 08:57 | Report Abuse

u are comparing cronies under previous government.... now different ball game altogether....who own MMC ??.. close ties with Daim..many ppl has forgot kot?..never mind..i will stay big

Speed

15 posts

Posted by Speed > 2019-04-12 09:13 | Report Abuse

MMC's North Port n Power Station would benefit!!!
.
Touted as a game-changer when it was first launched, the ECRL was meant to be a land bridge linking Kuantan Port with Port Klang that would allow shipped cargo to bypass Singapore.
Read more at https://www.thestar.com.my/business/business-news/2019/01/23/malaysia-seeks-new-contractor-for-east-coast-rail-link/#p8b1OYDM6Yeh5eqV.99

sowQ

331 posts

Posted by sowQ > 2019-04-12 09:44 | Report Abuse

logically the price should be up to 2.00 ..no need to be rocket scientist

Speed

15 posts

Posted by Speed > 2019-04-12 09:53 | Report Abuse

Thus, not only is Bukhari in the business of oil and gas, he is a joint shareholder with Gamuda in a company that constructs airports, highways, bridges and railway links. That is another reason why Daim is seeking to renegotiate terms associated with the construction of the ECRL. Apart from looking at ways to establish a banking nexus with EXIM and CITIC, the Council of Eminent Persons (CEP) de facto chief is seeking to offer MMC-Gamuda a lucrative slice of the ECRL project in a quid pro quo that involves the transfer of Melati Pertiwi shares to his people. The Chinese government is expected to commit itself to Melati Pertiwi in deep sea drilling at the edge of the South China Sea.
https://www.thethirdforce.net/how-daims-china-trip-has-to-do-with-mahathirs-sons-part-two/

Posted by Nelson Yoong > 2019-04-12 09:57 | Report Abuse

agreed at least 1.70 to 1.80 in medium term, div about 4%,good investment.

sowQ

331 posts

Posted by sowQ > 2019-04-12 10:15 | Report Abuse

i wonder who is this seller that selling ..once its stop it will fly

Speed

15 posts

Posted by Speed > 2019-04-12 14:45 | Report Abuse

CnP
ECRL Link will benefit who?
Klang Port (MMC North Port n Power Station) ====>> Kuantan Port (IJM)
Wait Monday's PC!
Fly Fly Fly
By-Pass Spore Ports

Speed

15 posts

Posted by Speed > 2019-04-12 16:56 | Report Abuse

ECRL till Port Klang!!! No more till Gombak only n no more wastage on small cowboy towns stations!
Hooray MMC's Klang Ports!
https://www.facebook.com/278966563256/posts/10156943941128257/

John Lu

5,187 posts

Posted by John Lu > 2019-04-12 17:21 | Report Abuse

"It will not go through Gombak. The revised line will be Kota Baru-Mentakab-Jelebu-Kuala Kelawang-Bangi/Putrajaya-Port Klang,"

YF24

1,224 posts

Posted by YF24 > 2019-04-12 17:31 | Report Abuse

Hidden gem not much ppl know b4 monday all will know it will top volume : )

YF24

1,224 posts

Posted by YF24 > 2019-04-12 17:56 | Report Abuse

Monday 1.15 should be no problem

probability

14,460 posts

Posted by probability > 2019-04-12 18:02 | Report Abuse

it was 2.6 just 2 years ago...considered rock bottom now

probability

14,460 posts

Posted by probability > 2019-04-12 18:34 | Report Abuse

18.Current prospects (extract from Financial report ending 31 Dec 2018)
..................................

Ports & Logistics division is expected to record positive volume growth across all the ports. Further, the completion of acquisition of the balance 51% interest in Penang Port Sdn Bhd in May 2018 will reflect its full year contribution to the division’s financial performance.

The acquisition allows the Group to establish a strong foothold in the Northern region of Peninsular Malaysia and complement the Group’s strategic presence throughout the Straits of Malacca.

Operational and cost synergies driven by MMC, would further improve the performance of its Ports & Logistics division.

The Energy & Utilities division is expected to contribute positively from the Group’s associated companies, namely Malakoff and Gas Malaysia.

Substantial existing order-book provides earnings visibility for the Engineering division anchored by the KVMRT-SSP Line underground and elevated work.

Furthermore, the earnings contribution from Engineering division will be sustained by on-going projects including Langat 2 Water Treatment Plant and Langat Centralized Sewerage Treatment Project.

probability

14,460 posts

Posted by probability > 2019-04-12 19:55 | Report Abuse

https://www.thestar.com.my/business/business-news/2019/04/12/ecrl-to-go-ahead-as-costs-reduced-by-rm2pt5b-to-rm44b/


Based on the original plans, 44 tunnels are to be constructed at various locations spanning over 50km. The longest tunnel (which is now likely to be scrapped) is the Genting Tunnel measuring 17.8km (37% of total tunnel length).


The ECRL is of strategic importance to China because the Kuantan Port-ECRL-Port Klang route shortens its trading route and cuts the time it takes to travel to the west of Peninsular Malaysia while eliminating the need to use the Singapore Port.

..........................

the max reduction from its original tunnel volumes is 37% only, but more importantly it benefits MMC Corp's Port & Logistics division.

you syphon out trades directly from China instead of getting via Singapore Port route

Ron90

4,056 posts

Posted by Ron90 > 2019-04-12 23:07 | Report Abuse

enough momentum to push next week towards 1.20 ...maybe on monday sudah fly

Ron90

4,056 posts

Posted by Ron90 > 2019-04-12 23:16 | Report Abuse

44 tunnels kan... haha.. MMC-Gamuda is the best ..they even got world class recognition. from the name of that company, one should know who is actually in-charge.

GreenTrade

630 posts

Posted by GreenTrade > 2019-04-12 23:22 | Report Abuse

Do trade with caution.....
Happy weekend

probability

14,460 posts

Posted by probability > 2019-04-13 00:00 | Report Abuse

Malaysia’s ports to be enhanced with China’s cooperation, says Liow

Published 1 year ago on 04 September 2017

https://www.malaymail.com/news/malaysia/2017/09/04/malaysias-ports-to-be-enhanced-with-chinas-cooperation/1457475

probability

14,460 posts

Posted by probability > 2019-04-13 00:01 |

Post removed.Why?

probability

14,460 posts

Posted by probability > 2019-04-13 00:13 | Report Abuse

https://oxfordbusinessgroup.com/news/malaysia-moves-boost-port-capacity

Increasing connectivity

Improvements to the nation’s ports will serve as bookends for the RM55bn ($12.3bn) East Coat Rail Line (ECRL) – a 620-km electrified rail link between Kuantan Port and Port Klang. At the beginning of November, Malaysia and China signed an engineering, procurement and construction contract for the project.

The ECRL will allow for the rapid trans-shipment of freight across the peninsula, reducing shipping congestion in the Malacca Strait, which hosts up to 80% of China’s maritime trade.

Significantly, the new land-sea link will bypass Singapore and move a major portion of regional freighting activity north. This could boost Malaysia’s profile as a leading logistics hub and open up new routes to markets in North Asia. Work on the ECRL is set to begin later this year and be completed in 2022.

Foogo90

121 posts

Posted by Foogo90 > 2019-04-14 15:55 | Report Abuse

ECRL tunnel by mmc?

劉尹光

490 posts

Posted by 劉尹光 > 2019-04-15 09:21 | Report Abuse

mmc go go...

Shinnzaii

3,114 posts

Posted by Shinnzaii > 2019-04-15 09:27 | Report Abuse

Now got people notice MMC liao...hehe...

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