MALAYSIAN RESOURCES CORPORATION BERHAD
KLSE (MYR): MRCB (1651)
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Last Price
0.615
Today's Change
0.00 (0.00%)
Day's Change
0.615 - 0.62
Trading Volume
894,000
News and Blogs
Discussions
22 people like this. Showing 50 of 30,042 comments
If you look at the LRT3 project, it is clear they were screwed by the previous government when the cancellation of stations & budget cuts caused their profit margin on the project to fall to ridiculous levels. At a glance, I think the overall margin for LRT 3 project fell to around 3%. That's lower than risk free interest rate. But they had to do as national service I guess. I think the reinstatement of 5 stations will compensate mrcb for being screwed previously. Just my 2sen
1 month ago
There are so many tailwinds for mrcb - as long as the catalysts are there, there is a good probability of the stock going way above Rm1 on newsflow. That's how the stockmarket works. Just my 2sen...
1 month ago
Target price remain at 80sen by RHB /OSK https://klse.i3investor.com/web/pricetarget/research/71633
1 month ago
Data centre prospects? MRCB said it is in active discussions with several companies on the development of a data centre.
Management has said it is considering a build and lease model.
https://www.businesstoday.com.my/2024/06/02/slower-1h-for-mrcb-dc-prospects-could-ramp-up-2024/
1 month ago
Yes. Its good news for MRCB. Seems all companies are going for data center projects. Rail projects are stil rolling for MRCB xpecially Penang LRT..MRT3 and HSR👍
1 month ago
MRCB should have been 80 sen & above by now. NAV is more than RM1. But notice that someone is trying to push down the price. Probably in collection stage n waiting for fools to sell them at cheap price.
3 weeks ago
Kai, scolding again? Why and what for? Investment don't work like that (shout and scold then it will go up meh?) My2c
2 weeks ago
Singapore is open to new ideas including proposals on the Kuala Lumpur-Singapore High Speed Rail (HSR) project at the upcoming 11th Malaysia-Singapore Leaders’ Retreat, said Singapore Prime Minister Lawrence Wong.
The new Prime Minister said that during the retreat, Singapore would take stock of the progress of the ongoing discussions between the two countries.
“And of course, along the way, there may be new ideas that come up, and we are open to hearing from Malaysia if there are proposals for the HSR project.
“Whatever the new ideas are, we will keep an open mind and we will discuss it in the right spirit of taking our relationship (further),” he told a joint press conference with Prime Minister Datuk Seri Anwar Ibrahim here today.
2 weeks ago
How many time thy Wana talk about this..let's on the project..malasia really susah
2 weeks ago
Now 60 sen support level in danger. Hasn't dropped to such a low level for several months.
5 days ago
Property and construction theme are expect to rebounding soon. Especially this mrcb is way undervalued and operator press down gaogao.
4 days ago
Should be coming good news.
“The alignment was finalised after various discussions were conducted with all parties concerned.
“The Penang government agreed with the alignment proposed by MRT Corp, with the passenger station to start from Bayan Lepas to Komtar and one line to Butterworth (Penang Sentral).
1 day ago
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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....
Investormy
Q1 result shows lower revenue and profit because of Covid and MRCB took the prudent steps not to simply launch or undertake new project that time. Realistically, Q2 and Q3 will also be the same because all these new projects can only be billed later. The results will only flow smoothly next year.
1 month ago