Tmr very depanding on the operator wanna push through 32.5 cent r not for this resistant level.if cannot get through..will.drop back 28 cent .be careful
All this shit begins because of Michael Chua’s case and this won’t happen without fucking Yong Yee Coi and Anto’s assist. Why? MCBai is an ISO company, no one can pull a backdoor stunt without alarming top management. This Michael must be a scapegoat. Every old timer there must have made it big and rich. End up Michael taking all the crap and we stockholders getting fucked.
Next come James Wong. This one either too stupid or too wishful. The whole fucking company reeks of dirty old timers all with their loyalty still with the old management. That’s why nothing good came from this company since the departure of Yong Yee Coi and Anto. Most of their construction projects begins with Yong Yee Coi, be it Rapid Pengerang, powerplants or rail infras. All the connections were done and connected by old management. New guys did nothing. That has clearly shown with their past record. From 2016 to 2020, no fucking sizeable construction projects without old connections. In case anyone didn’t know, connections to Petronas and Prasarana was done under Yong Yee Coi and Anto’s lead.
James also smart, push all these losing money shit to India’s investment. But niama, why pick fights with Indians but your own fucking useless team gets protected. Last year attend their AGM, niama all nice cars there at their directors’ spots. Cash they sure got butt load. Just stockholders got nothing.
All this shit begins because of Michael Chua’s case and this won’t happen without fucking Yong Yee Coi and Anto’s assist. Why? MCBai is an ISO company, no one can pull a backdoor stunt without alarming top management. This Michael must be a scapegoat. Every old timer there must have made it big and rich. End up Michael taking all the crap and we stockholders getting fucked.
Next come James Wong. This one either too stupid or too wishful. The whole fucking company reeks of dirty old timers all with their loyalty still with the old management. That’s why nothing good came from this company since the departure of Yong Yee Coi and Anto. Most of their construction projects begins with Yong Yee Coi, be it Rapid Pengerang, powerplants or rail infras. All the connections were done and connected by old management. New guys did nothing. That has clearly shown with their past record. From 2016 to 2020, no fucking sizeable construction projects without old connections. In case anyone didn’t know, connections to Petronas and Prasarana was done under Yong Yee Coi and Anto’s lead.
James also smart, push all these losing money shit to India’s investment. But niama, why pick fights with Indians but your own fucking useless team gets protected. Last year attend their AGM, niama all nice cars there at their directors’ spots. Cash they sure got butt load. Just stockholders got nothing.
Thanks for the nice story bro! Michael + anto + ah coi really is the big shark stolen lots of money and left those investor in pain.
Noob James + anthony really got no good relationship with any parties but they syiok sendiri only and now really not sure what the entire Menara MCB doing now.....office people walk in and out like very busy, the best part is they like to lepak at ikeano all the time...aduihai...
Even not sure what the new taiwan co. has done, how strong your taiwanese brain can't also stand with the political instability at here.
India power plant will non stop playing roti canai until the end of MCBai.
August 2020, will be result announcement for the group. Bearing unforeseen circumstance, expectation are high on the group despite fall within MCO period for the second quarter, 2020.
not bad eh this sohai company, manage to suppress media by not mentioning the building owner. seriously how did a night club operate without following building management SOP is beyond me. dono how much have been paid or received as undertable money.
for us night club goers, we all know very well without building management support, u cannot operate as you like, which is why alot of clubs located at shoplots instead of office buildings, no people bother ma. my guess is management already 'makan' 9 9 from night club owner. i mean where got ppl so sohai as random checks is being conducted during MCO right. even idiot also know. building management close both eye is really daring.
So how the fuck they are they bribe-free but still can team up with night clubs ya? clever or not this mcbai. u guys dont fall for their marketing crap ya, which i sadly did when the share is at rm3. diu.
alfonso, u are right. many people in and out that building with mcbai dog tags.
not bad eh this sohai company, manage to suppress media by not mentioning the building owner. seriously how did a night club operate without following building management SOP is beyond me. dono how much have been paid or received as undertable money.
for us night club goers, we all know very well without building management support, u cannot operate as you like, which is why alot of clubs located at shoplots instead of office buildings, no people bother ma. my guess is management already 'makan' 9 9 from night club owner. i mean where got ppl so sohai as random checks is being conducted during MCO right. even idiot also know. building management close both eye is really daring.
So how the fuck they are they bribe-free but still can team up with night clubs ya? clever or not this mcbai. u guys dont fall for their marketing crap ya, which i sadly did when the share is at rm3. diu.
alfonso, u are right. many people in and out that building with mcbai dog tags.
Further detail analyze on Quarter 2, 2020 result compared against Quarter 2, 2019, the power segment shown profit before Tax of RM5.2 mil against losses of RM18.6 mil in correspond period under review. Overall, the group loss reduced to RM1.8 mil compared to RM30.8 mil (Quarter 2 2020 vs Quarter 2, 2019). This shown a good reduction of RM29 mil in losses despite under Movement Control Period which construction contracts and property division suffered badly during this period. The next quarter result will highly likely see light at the end of turner and hope at the end of the turner is not a moving train rather a day light for the group from here on. Further study needed for potential investors in the group needed
Fruitcake. Nothing personal here. If we pity their employee, who pity investors and shareholders woh. For all we know, everyone there pretend hardworking only, what work is there really? LRT? Need whole building of suit wearing people to manage 1 project? I’m willing to bet every month they be taking big pay and taking home big bonus also. Imagine if low level staff turnover high but with the same management, no difference also right. Point is their management too sohai la. Imagine staff can steal 72mil. Wondering what other issues management cannot see. Surely is lazy top management delegating works to low level managers only. Or worse, visionary management but with outdated staff. Seems like no one there really cares about their company, shareholders and investors.
Winefficiently. Positivity is good, but not here la. Cannot keep manipulate people spirit high high to gain personal advantage. Many people vomit blood from this counter already, don’t rope in innocent bystanders. Don’t be like MCBai keep selling false ideas to people. These sohai must be taught a lesson. But then if MCBai people cannot take criticism and comments, they won’t ever improve also.
tears already long time evaporated, this is a sunset company in construction, MCB cannot perform any task at all. They are just postmen and hire sub-con to work for them.
2021 Budget: Government to proceed with HSR project By New Straits Times - November 6, 2020 @ 8:20pm https://www.nst.com.my/news/nation/2020/11/638836/2021-budget-government-proceed-hsr-project KUALA LUMPUR: The government will proceed with the Kuala Lumpur-Singapore High-Speed Rail (HSR) infrastructure project. Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz, in tabling the 2021 Budget in the Dewan Rakyat today, however said the implementation of the project was subject to discussions with Singapore. "The government will continue the HSR project as this project is expected to generate a positive multiplier effect to the country's economy," he said.
President Biden is favours to world trade ! World economy will start booming from today onwards ! And asian stock markets including KLSE will be in bull market from today onwards ! As at 2.10pm, Hang Seng : 26,095.46 (+382.49) (+1.49 %) Shanghai composite: 3,380.38 (+68.23) (+2.06 %) Nikkei : 24,912.31 (+587.08) (+1.41 %) Taiwan Weighted : 13,127.47 (+153.94) (+1.19 %) Korea Kopsi : 2,449.96 (+33.46) (+1.38 %) Singapore STI : 2,611.34 (+32.66) (+1.27 %)
(Bloomberg) -- Oil in London jumped by the most since June as Pfizer Inc. reported a potential Covid-19 vaccine breakthrough.
Crude futures spiked following news the vaccine, being developed by Pfizer and BioNTech SE, prevented more than 90% of infections in a study of tens of thousands of volunteers.
Markets globally surged. WTI climbed more than 10% in New York, while global equities soared. It led to broader strength in the oil futures curve, with timespreads also moving sharply higher.
A vaccine “would be the most meaningful type of mitigator to the situation,” Saudi Energy Minister Prince Abdulaziz Bin Salman said prior to the Pfizer announcement at a conference on Monday. “We’re still hopeful that vaccine is found and that vaccine or vaccines spread and hopefully mobility would be regained.”
Since Covid first emerged, oil markets have been steadily recovering from the biggest crash in consumption in a generation. Transport use in Asia has rebounded strongly, but the renewed resurgence of the virus in Europe has continued to weigh on demand in the region. The emergence of a vaccine would not only help regions suffering form renewed lockdowns, but could also help spur the return of aviation demand -- the hardest hit corner of the market.
The relief in the market was seen in the profits from turning crude into transport fuels. Gasoline cracks in the U.S. reached their highest since mid-October, while those in Europe also gained. Jet fuel was also gaining relative to the value of other transport fuels in Europe, Bloomberg fair value data show.
Prices had earlier rallied as Joe Biden declared victory in the U.S. presidential election and began preparations to navigate America’s pandemic-hit economy out of crisis, with potential shifts coming on a range of policies from fiscal stimulus to Iranian sanctions. At the same time, Saudi Arabia said that OPEC+ could extend oil cuts through 2022 as the group seeks to re-balance the glutted market.
With volume slowly building up and Quarter 3 result (30.09.2020) expect to be announced soon ( previous year announced on 29.11.2019). With price slowly inching north, It seem that this counter can put in radar for potential investors in particular construction section also slowly moving into action.
Based on chat, the immediate resistance is around RM0.300 to RM0.305 (first level) and if it manage to break that the second resistance will be RM0.350 to RM0.360 (second level) which if volume built up likely attainable in very near period as corporate exercise already being executed for sometime ago.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
vcgh23
113 posts
Posted by vcgh23 > 2020-07-12 16:53 | Report Abuse
Tmr very depanding on the operator wanna push through 32.5 cent r not for this resistant level.if cannot get through..will.drop back 28 cent
.be careful