Posted by sd99 > 2021-01-07 15:50 | Report Abuse

good for long term... must pick up on dips

Posted by fachoi > 2021-01-08 08:14 | Report Abuse

morning guys, today 0.81 again please top up ya, will not regret haha

Posted by Pinky > 2021-01-08 09:13 | Report Abuse

Oi jangan 81 sen la hahaha

Last night US markets finish strongly, Trump already conceded. Today should be a good day I reckon

Posted by tiongkeat > 2021-01-08 09:29 | Report Abuse

eh, i still wait for my 50 cents le. :(. i want sapu more at low price.

Posted by tiongkeat > 2021-01-08 09:29 | Report Abuse

52 weeks lowest is 45 cents.

Posted by Pinky > 2021-01-08 09:33 | Report Abuse

If drop to 50 sen I will call for cash from my credit card liao XD

Posted by tiongkeat > 2021-01-08 09:37 | Report Abuse

yes same.. hahaha.

Posted by fachoi > 2021-01-08 10:24 | Report Abuse

ready to catch up, is chinese new year angpao hohoo

Posted by fachoi > 2021-01-08 10:27 | Report Abuse

We are very pleased to see that despite the headwinds of Covid-19, as well as the shortage of empty containers in Malaysia and other parts of the region which affected the overall port business and related industry sectors, Johor Port still managed to progress its business efficaciously and surpassed the one million mark for the year 2020, ” said Johor Port CEO Md Derick Basir.(pic)

JOHOR BARU: Johor Port Bhd, a member of MMC Group, finished strongly in 2020 by surpassing shipments of one million twenty-foot equivalent units (TEUs) amid the Covid-19 pandemic.

“We are very pleased to see that despite the headwinds of Covid-19, as well as the shortage of empty containers in Malaysia and other parts of the region which affected the overall port business and related industry sectors, Johor Port still managed to progress its business efficaciously and surpassed the one million mark for the year 2020, ” said Johor Port CEO Md Derick Basir.(pic)

For the first quarter of last year, Johor Port posted a growth of 6% on a year-on-year basis.

It said the emergence of the Covid-19 pandemic affected the port’s business for three consecutive months, but with the re-opening of industries on May 4,2020, the export volume regained its momentum as manufacturers stepped up their production.

It said the export and import volumes have shown improvement this year mainly due to the strong support of gateway cargoes.

“The majority of the gateway volume was derived from the production by major industry players. Johor Port also managed to secure four new services in the year 2020, mainly to the Intra-Asia region. The terminal also managed to entice Sealand to bring in a new service to cater to its short-haul cargoes, ” it said.

Apart from the traditional gateway business, Johor Port said it encouraged ad-hoc calls and mini transshipments which provided the additional volume to its terminal.

Operational improvements have also contributed to productivity improvement and yard efficiency, which resulted in a better gross moves per hour (GMPH) of 22 crane GMPH as opposed to previous years where the terminal had been consistently operating at a GMPH figure of 20 crane moves per hour.

“We remain optimistic on our growth prospects throughout the year, as we have witnessed global trade recovering gradually. While we are expecting a long recovery period of between six months to an entire year, Johor Port is committed to ensuring business continuity and for the port to be managed well throughout this volatile time, ” said Md Derick.

The company said ports and terminals represented a doorway to maximise the country’s economic development and were a crucial lifeline that interconnected local communities to the regional and global markets.

The United Nations Conference on Trade and Development expects maritime trade growth to expand by 4.8% in 2021, assuming the world economic output recovers. Johor Port said the maritime transport industry would need to be prepared for any economic uncertainty in the post-Covid-19 world.

Despite the economic uncertainty, Johor Port said it has a leverage through its strategic positioning as a major regional commodity hub which connects Asean to the Intra-Asia region, as well as a competitive edge in its customer segmentation.

Posted by tiongkeat > 2021-01-08 10:33 | Report Abuse

good. RM 1 gogogo.

Posted by fachoi > 2021-01-08 10:38 | Report Abuse

but now almost 80sen already :(

Posted by tiongkeat > 2021-01-08 10:39 | Report Abuse

usually some good news will trigger, but this good news dont trigger anything lol

Posted by fachoi > 2021-01-08 10:46 | Report Abuse

management really aggressive on their business, just sentiment and politic haiz...

Posted by TuTu1183 > 2021-01-08 13:24 | Report Abuse

Buy and hold

Posted by tiongkeat > 2021-01-08 14:23 | Report Abuse

news out still sink ka? eh dont simply sell cheap la woi.

Posted by ykyew11 > 2021-01-08 14:44 | Report Abuse

Why is this counter even down, it's even worse than Genting lol

Posted by ykyew11 > 2021-01-08 14:45 | Report Abuse

Maybe there is some insider news that we are not aware of.

Posted by Happykoo > 2021-01-08 15:02 | Report Abuse

What happen???? Any Insider news? Price Already drop 6 trading day....

Posted by Pinky > 2021-01-08 15:05 | Report Abuse

don't talk 3 talk 4

traders don't come kacau this counter

this is retirement fund counter

quote: tailanngong XD

Posted by ykyew11 > 2021-01-08 15:10 | Report Abuse

I'm not a trader la, I have been holding this counter since RM0.685. I just want to know what is going on since it is performing worse than some of the tourism related counters.

Posted by tiongkeat > 2021-01-08 15:24 | Report Abuse

damn 0.685 good entry price .hahhaa

Posted by tiongkeat > 2021-01-08 15:24 | Report Abuse

i wish i am able get such low. i will top up if goes to 75 cents, 60 cents, 55 cents, 50 cents

Posted by Pinky > 2021-01-08 15:28 | Report Abuse

@ykyew11 one similarity between this MMC and Berjaya counters - majority owned by a tycoon whether directly or indirectly

I find it almost impossible to make good profit on Berjaya counters

Go figure ;)

Posted by Pinky > 2021-01-08 15:29 | Report Abuse

Fundamentals nothing wrong but the stock will magically go south defying all expectations

Posted by tiongkeat > 2021-01-08 15:50 | Report Abuse

hope for the best next week. paper lost if we dont sell it.

Posted by Pinky > 2021-01-08 15:57 | Report Abuse

If dividend maintain at 4.5 sen, 5.59% yield at current price. Treat it as a "ports and utilities" REIT stock la!

Posted by tiongkeat > 2021-01-08 18:34 | Report Abuse

hopefully more than 4.5 cents hahaha

Posted by fachoi > 2021-01-08 21:52 | Report Abuse

but last year only 1.5sen right? they want to prepare cash for any situation....

Posted by ykyew11 > 2021-01-08 22:43 | Report Abuse

I thought last year they gave out 6 sens worth of dividends?

Posted by petnch2020 > 2021-01-09 05:51 | Report Abuse

Fachoi, they normally announce their dividend in april. For 2019 dividend they announced it on 10th Apr 20. For 2018 dividend, they announced it on 29th apr 19.

For 2020, they announce a 1.5 sen interim dividend on 25th Nov 20. But i would assume the final dividend for 2020 to be announce later in Apr. If the maintain a payment of 4 sens then total dividend for 2020 would be 5.5 sens. At current price, that's a dividend yield of 6.8%.

Posted by fachoi > 2021-01-09 10:21 | Report Abuse

ooh, thank you petnch. but the way, i still holding, will keep collecting haha, like pinky said, treat it like "port and utilities" reit hehe

Posted by Pinky > 2021-01-09 13:50 | Report Abuse

I sorta feel that it is the intention of somebody out there to depress the share price. Ya la just treat it like a REIT, buy when the yield is attractive, sell when it is no longer attractive.

Posted by Pinky > 2021-01-11 09:33 | Report Abuse

AmInvest with their crazy upside TP on MMC again hahaha

https://klse.i3investor.com/servlets/ptres/58278.jsp

Posted by petnch2020 > 2021-01-11 19:11 | Report Abuse

Most of MMC businesses (ports, construction, gas & energy) will not be affected by the recent announced PKP. I believe govt would want to minimise any impact on the economy. The PKP seems to be targeting more on the general public. The only sectors that will be heavily affected would probably be retails and travel.

Hope it will be just a 2 weeks PKP..

Posted by Healthy > 2021-01-11 22:45 | Report Abuse

price drop with high tp by investment firm....not a good sign

Posted by tiongkeat > 2021-01-12 10:06 | Report Abuse

from up 825 now drop back? because darurat?

Posted by tiongkeat > 2021-01-12 10:12 | Report Abuse

785 now, if really want drop, please go 50 cent let me sapu more.

Posted by Pinky > 2021-01-12 12:14 | Report Abuse

MCO rules still apply, non event la this darurat

Posted by tiongkeat > 2021-01-12 13:35 | Report Abuse

hahaha ok

Posted by LuckyG > 2021-01-13 09:35 | Report Abuse

bought back 1st batch . yummy

Posted by Pinky > 2021-01-13 09:58 | Report Abuse

hahaha who sold out in fear, cry now

Posted by tiongkeat > 2021-01-13 12:20 | Report Abuse

hope it back to 88 floor soon

Posted by 23wolf > 2021-01-13 19:29 | Report Abuse

Good rally today

Posted by petnch2020 > 2021-01-15 10:00 | Report Abuse

https://www.theedgemarkets.com/article/volkswagen-sets-regional-parts-distribution-centre-tanjung-pelepas

This will increase future contena volume for PTP.

Posted by thomaszum > 2021-01-17 17:05 | Report Abuse

由于全球集装箱运输短缺，马来西亚的医用手套制造商在向国外客户交付产品方面面临数周的延误，这阻碍了他们在冠状病毒危机期间满足需求的能力。

大马橡胶手套制造商协会（MARGMA）指出集装箱短缺状况有所缓解，但情况尚未恢复正常，手套生产商的出口仍面临两到五个星期的延迟。

马来西亚是世界上最大的医用手套生产国，即使制造商为应付新订单而增加产量，向客户交付手套的交货时间也增加了六个月以上。

去年年底，中国出现了集装箱严重短缺，使货运成本创下历史新高。

短缺使运费提高了300％至400％，
马来西亚船运协会（MNSC）表示更高的利率已成为基准，出口商准备支付溢价。

https://www.facebook.com/StockStreet2u/photos/a.2378102852508209/2940240622961093/

Posted by petnch2020 > 2021-01-18 08:51 | Report Abuse

kinuxian,

MMC is actually not just a covid recovery play, it also provides exposure to those who are seeking a global trade recovery once Biden is made President tomorrow. If you look at MMC share price, it started to fall aggressively at the end of 2017 when Trump made known to the world that he will be pursuing an aggressive trade war strategy with China ( the trade war actually started in 2018) and also with its other strategic partners like Europe. Basically he was pushing for America first strategy.

Market is expecting Biden to normalize back US strategy and promote more trades between US trade partners which will spur back global trades in general especially those in Asia.

That being said in 4Q20, ports under MMC has already seen high utilisation rates of more than 90% vs an average of 70% in FY19. So to say it has recover to Pre Covid is actually an understatement. In reality the current port activity has stated to return back to pre trade war level.

The other segment that was affected by the Covid was the Engineering division (construction of MRT2). This division is running normally even during the second MCO as it is categorise as strategic infrastructure project. I have verified this with friend that are working with MRT Corp.

Anyway, all this will be seen when MMC post its 4Q20 results next month.

Posted by tiongkeat > 2021-01-18 09:25 | Report Abuse

Great analyst

Posted by Pinky > 2021-01-19 09:25 | Report Abuse

Accumulated more!

Posted by Pinky > 2021-01-19 09:25 | Report Abuse

5.45% dividend yield. What's not to like?

Posted by wehcant > 2021-01-19 11:12 | Report Abuse

Other counters in the TL sector are already started to move. MMCCORP laggard will catch up soon.