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

alivetoinvest

1,235 posts

Posted by alivetoinvest > 2019-04-15 09:33 | Report Abuse

up so little selllllllllllllllll

Willbegood

109 posts

Posted by Willbegood > 2019-04-15 09:54 | Report Abuse

so hard to push over 1.11-1.12

劉尹光

490 posts

Posted by 劉尹光 > 2019-04-15 10:10 | Report Abuse

no volume... definely hard to push up 1.10...

James Ng

2,691 posts

Posted by James Ng > 2019-04-15 10:43 | Report Abuse

https://klse.i3investor.com/blogs/general/202310.jsp
[转贴] [Facebook live:浅谈MMC Corp bhd (MMCCorp)] - James的股票投资James Share Investing

freddiehero

16,715 posts

Posted by freddiehero > 2019-04-15 10:47 | Report Abuse

lets fly together..

劉尹光

490 posts

Posted by 劉尹光 > 2019-04-15 10:52 | Report Abuse

apa terjadi.. sudaj jatuh 1.08

azta12

5,594 posts

Posted by azta12 > 2019-04-15 11:12 | Report Abuse

accumulate and hold

alivetoinvest

1,235 posts

Posted by alivetoinvest > 2019-04-15 11:53 | Report Abuse

this one not for traders.
need to hold and keep.

No eyes see.

Last time 2.50 many people buy...
Now 1.08... lollll

Speed

15 posts

Posted by Speed > 2019-04-15 12:37 | Report Abuse

Tun M's PC 15Apr2019 11am :-
The new alignment provides DIRECT LINK from Kuantan Port to Port Klang to serve as a land bridge between the two ports.

Posted by Kubistrader > 2019-04-15 15:03 | Report Abuse

volume on price needed not yet get...

劉尹光

490 posts

Posted by 劉尹光 > 2019-04-15 15:35 | Report Abuse

what happen drop alot... early morning 1.13... now at 1-.06

Posted by Nelson Yoong > 2019-04-15 15:38 | Report Abuse

Patient,just HOLD for medium term SURE WIN.

Chris Khoo

387 posts

Posted by Chris Khoo > 2019-04-15 15:54 | Report Abuse

technical still good uptrend...though selling volume is high....good sign! means good absorption

劉尹光

490 posts

Posted by 劉尹光 > 2019-04-15 16:48 | Report Abuse

today many red ooo...

Chris Khoo

387 posts

Posted by Chris Khoo > 2019-04-15 17:10 | Report Abuse

almost all construction counter under strong consolidation...performance of MMCCorp is consider very good indeed...from technical perspective...it stands good chance to go up further tomorrow (provided no sudden plunge of US stock market)...recent volumn is very very high and some technical indicators have shown high chance of going to to RM1.20 in near term

Chris Khoo

387 posts

Posted by Chris Khoo > 2019-04-15 19:00 | Report Abuse

If we look at historical volume, continous daily volume of about 10mio only happen in 2013 and 2009 uptrend...and now it happened again...look at the chart and you shall notice volume started to consistently pickup since 27/3/2019

Ron90

4,056 posts

Posted by Ron90 > 2019-04-15 22:40 | Report Abuse

going towards 1.20 for sure..momentum good, support good

Chris Khoo

387 posts

Posted by Chris Khoo > 2019-04-16 08:54 | Report Abuse

Reason to buy mmccorp 1) beneficial from ECRL due to (i) political tie (ii) port klang connection (iii) tunneling experience (iv) capacity to be appointed as major contractor (2) relative slow increase compare to other small cap which already up previously (3) technically high volume recently..and etc..today gap up 2cts...UEM also gap up....there may also be news about PDP status of UEM-MMC for Pan Borneo...highly likely change for HSR as well as it teams with Japan! which Msian has been given low interest loan recently!

GreenTrade

630 posts

Posted by GreenTrade > 2019-04-16 09:48 | Report Abuse

MMC Corp should not be considered as a construction stock because its construction division only accounts for less than 25% of the group's revenue.

The ports are the gold mines..

ikah2000

474 posts

Posted by ikah2000 > 2019-04-16 10:31 | Report Abuse

haiz haiz... still below 1.10

alivetoinvest

1,235 posts

Posted by alivetoinvest > 2019-04-16 15:59 | Report Abuse

Gamuda can rebound from 2.00 to 3.30 ( 60%++)

MMC......... sleeping........................

Willbegood

109 posts

Posted by Willbegood > 2019-04-16 18:05 | Report Abuse

Volume is high when comparing to the past, but the price could not go up.

Posted by Nelson Yoong > 2019-04-16 18:16 | Report Abuse

Buy now before too late, don't regret,all business in MMC is profitable!!!

alivetoinvest

1,235 posts

Posted by alivetoinvest > 2019-04-16 20:11 | Report Abuse

AGM soon.

Lets bring some hammer and eggs to the agm with this share price.....

劉尹光

490 posts

Posted by 劉尹光 > 2019-04-17 12:33 | Report Abuse

ooooo! no no ..... wat happen oooo....

ikah2000

474 posts

Posted by ikah2000 > 2019-04-17 17:15 | Report Abuse

haiz! ....mmc....plz wakeup...

ikah2000

474 posts

Posted by ikah2000 > 2019-04-18 10:46 | Report Abuse

macam sunyi sajs

dmksn

686 posts

Posted by dmksn > 2019-04-18 15:10 | Report Abuse

mmc please close green

azta12

5,594 posts

Posted by azta12 > 2019-04-19 09:19 | Report Abuse

collect

LuckyG

1,698 posts

Posted by LuckyG > 2019-04-19 09:35 | Report Abuse

bought again

ikah2000

474 posts

Posted by ikah2000 > 2019-04-19 10:38 | Report Abuse

kenapa tak naik

Chris Khoo

387 posts

Posted by Chris Khoo > 2019-04-19 10:39 | Report Abuse

70% of cargo load for ECRL!!! MMCCorp (port klang) join IJM (Kuantan Port)
https://www.thesundaily.my/local/70-of-ecrl-revenue-will-come-from-cargo-load-daim-BI802614

probability

14,460 posts

Posted by probability > 2019-04-19 10:47 | Report Abuse

70% of ECRL revenue will come from cargo load: Daim

19 APR 2019


KUALA LUMPUR: Cargo load will be the more profitable sector for the East Coast Rail Link (ECRL) compared with passenger ridership as the rail link will provide a land bridge that will boost freight transactions and cut travel time significantly between Port Klang and Kuantan Port.

Council of Eminent Persons (CEP) chairman Tun Daim Zainuddin (pix) said that cargo load would contribute an estimated 70% to revenue versus 30% for passenger traffic due to its shorter travel time and greater reliability as a mode of transport.

“The ECRL provides a land bridge between Port Klang and Kuantan Port, shortening travel time between the two ports by some 30 hours.

“As a result, ECRL provides for a faster alternative transfer of goods between the two ports compared with the much longer sea route,“ he told Bernama in an interview Thursday.

He was responding to questions on the supplementary agreement signed last week between project owner Malaysia Rail Link Sdn Bhd and its joint venture partner China Communications Construction Company Ltd (CCCC) to manage, operate and maintain the ECRL rail network which would be built at a considerably lower cost.

Daim, the special envoy to Prime Minister Tun Dr Mahathir Mohamad, who managed to finalise the ECRL deal after nine months of negotiations, said the rail link would also connect Kuantan and Port Klang with the various industrial hubs, seaports, tourism nodes, and East coast state capitals.

In the process, it would stimulate new growth along the ECRL corridor, as a result of which would require reliable transport for the transfer of goods and passengers.

“We are expecting the cargo load to be the main contributor to the ECRL, but as development along the rail line and in the east coast increases, passenger load will also automatically increase,“ he said.

As far as passenger traffic is concerned, “we are talking about people visiting their relatives and about tourists being provided with an alternative mode of transport to the east coast”.

“In that sense, we have to ensure that ticket prices are kept affordable,“ he said.

To boost passenger traffic, he said the Pakatan Harapan government decided to re-route the ECRL so that it passes through Putrajaya Sentral, which is a far-sighted move as it will connect the east coast to the federal government administrative centre and “this is important for businesses.”

“This will also help increase passenger load for the ECRL,“ Daim, said, adding the ECRL would now pass through five states – Selangor-Federal Territory-Putrajaya, Negeri Sembilan, Pahang, Terengganu and Kelantan, under the renegotiated agreement as opposed to the original deal which covered only four states.

That means more people would stand to benefit from the spillover benefits of the ECRL project, he said. — Bernama

probability

14,460 posts

Posted by probability > 2019-04-19 12:51 | Report Abuse

“We are expecting the cargo load to be the main contributor to the ECRL, but as development along the rail line and in the east coast increases, passenger load will also automatically increase,“ he said.

keyword: "MAIN CONTRIBUTOR"

probability

14,460 posts

Posted by probability > 2019-04-19 13:00 | Report Abuse

https://www.thestar.com.my/business/business-news/2018/05/12/stocks-on-the-radar/

MMC Corp Bhd, Malakoff Bhd & DRB-Hicom Bhd

These three stocks have a common controlling shareholder in the form of Tan Sri Syed Mokhtar Albukhary, who is seen as an associate of Dr Mahathir,

MMC Corp has ownership stakes and operations in the shipping, energy and construction industries.

Shinnzaii

3,114 posts

Posted by Shinnzaii > 2019-04-19 14:16 | Report Abuse

Having some expectation for westport (who own 77% market share of port klang) and MMC for logistic business...hehe

pinetree88

308 posts

Posted by pinetree88 > 2019-04-19 16:40 | Report Abuse

Anybody know or found any news or reason why MMC got a big sell down volume 36m shares on 15/3?

probability

14,460 posts

Posted by probability > 2019-04-21 22:24 | Report Abuse

https://www.theedgemarkets.com/article/mmc-earnings-likely-improve-fy19

Maintain buy with a lower target price (TP) of RM1.37:

MMC Corp Bhd’s (MMC) current share price of 83.5 sen is cheaper than the value of its ownership in Malakoff and Gas Malaysia combined at 85 sen per share.

Effectively, the market is ascribing zero value for all of MMC’s other assets, with the most obvious mispricing being its port operations, which have generated steady earnings historically.

Going forward, we expect any negative news from the engineering segment to have little impact on MMC’s share price as its earnings before interest, taxes, depreciation and amortisation contribution made up only 6% of MMC’s cumulative nine months of financial year 2018 earnings, with 87% from the ports and logistics segment.

probability

14,460 posts

Posted by probability > 2019-04-21 22:32 | Report Abuse

https://www.thesundaily.my/business/mmc-corp-s-final-quarter-net-profit-up-59-8-BB605715

PETALING JAYA: MMC Corp Bhd’s net profit for the fourth quarter ended Dec 31, 2018 (Q4 FY18) surged 59.8% to RM119.72 million from RM74.91 million a year ago due to the full consolidation of Penang Port Sdn Bhd’s result.

In a filing with Bursa Malaysia, the group said higher contribution from the Klang Valley Mass Rapid Transit Sungai Buloh-Serdang-Putrajaya (KVMRT-SSP Line) and

the absence of share of losses from Zelan Bhd also contributed to the improved earnings.
.....................

The group also saw higher share of profit from Malakoff Corp Bhd as a result of improved contribution at coal plants, lower depreciation, lower maintenance and finance costs, and higher contribution from associates investment.

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

Moving forward, the group said the ports and logistics division is expected to record positive volume growth across all the ports while the completion of acquisition of the balance 51% interest in Penang Port 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 and logistics division.”

azta12

5,594 posts

Posted by azta12 > 2019-04-22 09:06 | Report Abuse

grab

azta12

5,594 posts

Posted by azta12 > 2019-04-22 09:34 | Report Abuse

nice, add again

azta12

5,594 posts

Posted by azta12 > 2019-04-22 09:36 | Report Abuse

lets fly this week

ikah2000

474 posts

Posted by ikah2000 > 2019-04-22 09:45 | Report Abuse

wct, econbhd ekovest, iwcity, gamuda, gkent, mrcb semua naik...tapi MMC masih panjat tangga demi tangga.... kenapa begitu?

azta12

5,594 posts

Posted by azta12 > 2019-04-22 10:24 | Report Abuse

steady, keep the momentum going

Willbegood

109 posts

Posted by Willbegood > 2019-04-22 11:21 | Report Abuse

Hope today can break 1.12

azta12

5,594 posts

Posted by azta12 > 2019-04-22 11:25 | Report Abuse

steady kayuh.

azta12

5,594 posts

Posted by azta12 > 2019-04-22 11:31 | Report Abuse

keep going, hihi

GreenTrade

630 posts

Posted by GreenTrade > 2019-04-22 11:39 | Report Abuse

finally up...

azta12

5,594 posts

Posted by azta12 > 2019-04-22 11:49 | Report Abuse

add

劉尹光

490 posts

Posted by 劉尹光 > 2019-04-22 15:03 | Report Abuse

it drop...

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