Posted by lordng94 > 2017-08-29 22:51 | Report Abuse

Yes, Bumi companies contracts yet to award. As of now. CRRC and WCT are categorised under Non Bumi group.

Posted by Becky123 > 2017-08-29 23:03 | Report Abuse

I read that only 2 left in Aug/Sept. must be big companies. The rest small companies later this year lor.

Posted by kuaTAKtahu > 2017-08-30 11:43 | Report Abuse

.

Posted by eazye92 > 2017-08-30 13:11 | Report Abuse

i heard that the construction worker already starts working on the site despite no official news announce yet, hopefully this better be good

Posted by Becky123 > 2017-08-30 13:45 | Report Abuse

Why WCT price drop more than 2% today despite of new big contract. Is it bcoz investors already priced in the contract before? Afraid the same will happen to trc.

Posted by zexon > 2017-08-30 13:51 | Report Abuse

See WCT PE and TRC PE and outstanding contract value, you will get the answer. TRC's outstanding contract value is 1.4 to 1.6 bil which will sustain until fow next two years. This value has excluded coming LRT and Pan Borneo Sabah projects.

Posted by Becky123 > 2017-08-30 16:35 | Report Abuse

Thought that WCT orderbook is 5x higher?

Posted by eazye92 > 2017-08-30 16:38 | Report Abuse

engine started yet?

Posted by Ahead1268 > 2017-08-30 18:22 | Report Abuse

Very small player. It will up n down and down and up. Buy at right entry price.

Posted by lordng94 > 2017-08-30 20:29 | Report Abuse

I think something wrong happened, until now no announcement and lembaga haji keep disposing. Better shift to Gadang.

Posted by Sean888 > 2017-08-30 20:54 | Report Abuse

Just get updated info from my fren working in construction!! TRC failed to secure any job in LRT...
No wonder lembaga haji keep disposing..

Posted by lordng94 > 2017-08-30 21:17 | Report Abuse

No wonder tabung haji keep disposing for consecutive 4 days without any change of fundamental. Maybe the price is too high.

Posted by Ahead1268 > 2017-08-30 21:44 | Report Abuse

Fundamental no change but very disturbing on current qtr result wt tiny margin. Nx qtr will be hard time for TRC result compared to preceding period. I think gonna to be red as well.

Agreed Tabung Haji is disposing but their holding still 9% and based on 0.80 per share. It is RM34mil cash.

But some how I think TRC free float very tin and based on my observation is small timer or IB house making some coffee money. Definitely not a big shark yet.

Thus with Tabung Haji disposing will increase the free float to increase the Beta then more fluctuation to come in. Trader profit margin spread will increased.

This counter can make quick money between 5 to max 6 cents for short term trade but you need to catch at the right entry point.

Don't ever fall in love in any stocks we invested. Meet your profit target let go then revisit.

Posted by lordng94 > 2017-08-30 21:55 | Report Abuse

Follow tabun haji's step to dispose?

Posted by Ahead1268 > 2017-08-30 22:09 | Report Abuse

I think Tabung Haji loads may accumulate since 0.40 by now consider double liao or at least averagely above 50% gain.

Posted by cicakman > 2017-08-31 00:05 | Report Abuse

Tabung Haji disposed WCT too.
So nothing to worry very much.
Disposing are normal in stock market.

EPF or Tabung Haji are not the only investors in BURSA.They are not the people who control market.There are lots of big players too.

Retailers are the mutipliers of volume and have more power and can create selling and buying sentiments.

Posted by by88 > 2017-09-01 14:16 | Report Abuse

hi cpng

where u get all those info. any link?

cpng LRT3 packages($9B)

LRV $1.56B CRRC ZELC


GS
GS02
GS03 $840M WCT
GS04
GS05
GS06
GS07&08
GS09
GS10
29/08/2017 22:58

Posted by Sean888 > 2017-09-01 16:54 | Report Abuse

Safety issue in previous kelana jaya extension line project caused trc lose in the lrt3 tender...muhibbah suprisingly KO trc in the lrt3 bid...

Posted by cicakman > 2017-09-01 19:51 | Report Abuse

cpng.
That news dated 2nd August 2017.
The CEO in the press conference mentioning end
of August 2017.However no full announcement yet for the whole project.

Posted by lbhock123 > 2017-09-01 20:47 | Report Abuse

Gentlemen, remember the let extension project? Accident?

Posted by Ahead1268 > 2017-09-04 15:32 | Report Abuse

Shit. Geopolitical tension again. Tomorrow foresee market will gaps down!

Posted by lordng94 > 2017-09-05 12:40 | Report Abuse

After few days of rest, i found myself was too emotional to Tabung Haji's shares disposal. Nothing has changed the fact that TRC is one of the best managed and lean Bumiputera company. I am still optimise on upcoming election and construction industry themes play which will materialized soon. Back to my previous estimation on one big+ one small scale size of projects are in the pipeline, TRC's order book may further boost to 2.2 to 2.5 billion (from existing 1.6 billion) which will keeps TRC busy for another 3 years. TRC is valued at PE of 9.x (cheapest construction company in Bursa) and should be rerated to PE 12x (TP RM1. 2) if TRC is able to secure LRT project.

Posted by zexon > 2017-09-05 12:47 | Report Abuse

WTF, http://www.bursamalaysia.com/market/listed-companies/company-announcements/5534885
Secured LRT 3 Project!!!!!!!! 760 millionsssssss!!!!!

Posted by panda123 > 2017-09-05 12:48 | Report Abuse

finally announcement made for securer a lrt project..yeah

Posted by zexon > 2017-09-05 12:48 | Report Abuse

One more LRT 3 Guideway Project in the pipeline!!! Hooray!!!!

Posted by panda123 > 2017-09-05 12:50 | Report Abuse

The Company is pleased to announced that its wholly-owned subsidiary, Trans Resources Corporation Sdn Bhd ("TRC") had on 29 August 2017 accepted the award from Prasarana Malaysia Berhad, in relation to the contract known " Package TD2 – Construction and Completion of Johan Setia Depot (Phase 2) and Associated Works for Construction and Completion of Light Rail Transit Line 3 (LRT3) from Bandar Utama to Johan Setia (Contract No, : PRASARANA/GCS/CTT/2.0673/2017)" for a contract sum of RM 760,550,000.00 only (inclusive of 6% GST) ("the Project").

Posted by zexon > 2017-09-05 13:15 | Report Abuse

oh Yes! Aiming one more Guideway project!!!

Posted by lordng94 > 2017-09-05 13:17 | Report Abuse

Congrats!! One big already released, aiming not one more medium scale project from lrt!!!!

Posted by ivankvs > 2017-09-05 14:21 | Report Abuse

Waseh

Posted by cpng > 2017-09-05 14:26 | Report Abuse

LRT3 packages($9B)

LRV $1.56B CRRC ZELC
TD2 $0.76B TRC

GS
GS02
GS03 $840M WCT
GS04
GS05
GS06
GS07&08
GS09
GS10

Posted by Becky123 > 2017-09-05 14:33 | Report Abuse

Shit. Only 2% up. Why no boost?? Why wct also no boost after awarded lrt3?

Posted by G-boy > 2017-09-05 14:37 | Report Abuse

shit those lier!!!!
wat friend working inside the comapny and said cannot get the contract....
luckily i din sell it in last week and this morning

Posted by Galant > 2017-09-05 14:44 | Report Abuse

hope can close above 0.85 today.

Posted by zexon > 2017-09-05 14:54 | Report Abuse

lordng94, any good news?

Posted by Becky123 > 2017-09-05 14:57 | Report Abuse

Still no boost... really disappointed with lrt story play...

Posted by liewjajun > 2017-09-05 15:08 | Report Abuse

Luckily still holding...HAHAHA!!!


Sean888 Just get updated info from my fren working in construction!! TRC failed to secure any job in LRT...
No wonder lembaga haji keep disposing..
30/08/2017 22:08

Posted by Patron > 2017-09-05 15:13 | Report Abuse

^ sean is your friend's name Calvintaneng?

Posted by zexon > 2017-09-05 15:20 | Report Abuse

TRC didnt get any LRT project, but LRT 3..he is right too..Haha

Posted by zexon > 2017-09-05 15:24 | Report Abuse

I think one more LRT 3 Guideway project will goes to TRC, based on their track record. Maybe lordng can guide us.

Posted by zexon > 2017-09-05 15:35 | Report Abuse

i remember lordng94's estimation is one depot and one viaduct/ guideway . So far, i follow his recommendation on AZRB and TRC since March this year and has make handsome profit.

Posted by zexon > 2017-09-05 15:39 | Report Abuse

TRC has SAPU all the LRT 3 Depot Package!! Well done and hope for one more Guideway Project!!

Posted by G-boy > 2017-09-05 15:40 | Report Abuse

why spread the fake rumor!
if we don't know,then just say dont know...
have no idea why they spread fake news!!!

Posted by Ahead1268 > 2017-09-05 15:53 | Report Abuse

TRC volume consider very thin. Where the shares goes?

Posted by notebook > 2017-09-05 15:58 | Report Abuse

lousy company , even get many project, but not good in management

just like bpuri , 100mil project earn 1mil

Posted by Ahead1268 > 2017-09-05 17:20 | Report Abuse

This remembered me how I loose some money in Air Asia X 3 months ago by believing En Corporate Affair mentioned in the fully pack IB house listen to him that the qtr result is 'commendable' but end up extreme lousy result.

However u think bout TRC within less than 6 months getting RM1.5billion contract. Not small you know!

But this TRC counter very unique as most of the time buyer volume very thin. Volune also very thin. I really still puzzle how it work toward RM1.00 target as mentioned by some IB house on 23/08/17 on the price target and this is before today RM0.8bil annoucement.

If we factor in today announcement do you think fair for the IB house to revise target price to say RM1.20? Based on today closing price of RM0.83. There is 45% upside potential. Good enough?

Posted by cpng > 2017-09-05 18:07 | Report Abuse

Talk facts & figures

With the new LRT3 contact win secured,the outstanding order book at estimated RM1.8b+0.7b=2.5b.

TRC market cap as for today market closed was about RM400m

Posted by lordng94 > 2017-09-05 18:16 | Report Abuse

Notebook will only talk bad on all the good counters so that he can collect low.

Posted by lordng94 > 2017-09-05 18:19 | Report Abuse

Notebook, let's accept the challenge, you pick a stock now and forecast what is your TP and see is it achievable within period of three months.

Posted by Stephen Chow > 2017-09-05 19:48 | Report Abuse

possible for TRC to become the next gkent? :D

Posted by Ahead1268 > 2017-09-05 20:46 | Report Abuse

Good. Very ambitious