Anyone went to the AGM?

12M Quarterly without LRT3, Assuming 5% Profit from 5Bil
4 years 250m, each Quarter 15M so that's around 27M
200M Cash
4.5% Treasury Shares


a

71mil warrant exercised to 56mil or 5.6mil

Not detailed enough.. should have tell us the fixed contract amount.

SUBSTANTIAL SHAREHOLDERS (EXCLUDING BARE TRUSTEES) AS AT 30 APRIL 2018
No. of Ordinary Shares
Name of Substantial Shareholder

Direct Interest

%

Deemed Interest

%

Star Wealth Investment Limited

78,999,999

14.03

-

-

Puan Sri Datin Tan Swee Bee

43,610,247

7.74

194,137,617*

34.47

Tan Sri Dato' Tan Kay Hock

26,886,014

4.77

210,861,850*

37.44


What's the director holding? Dont really know how to read the above

How much shares does director Hold? I think they can privatised at this low price.

Ximon Lim, nope you need 2.605 Unit of C74

something is brewing.. and definitely not a good news...

Maybe Gov cancel LRT3 again... or Fixed Profit at very low

SBB is a trap..

Quarter Result sure very bad, judging from it.. insider trading

Oh No...

Sorry, forgotten where I have read it. But similar to the above.

Malaysian Resources Corporation Berhad - to Pick Up Momentum Soon

Author: sectoranalyst | Publish date: Fri, 23 Nov 2018, 08:52 AM 

INVESTMENT HIGHLIGHTS

Earnings were below ours and consensus’ expectations, due to lower than expected contribution from key segments

Property segment covered 70.8% of the group’s operating profit

Recognition from LRT3 was higher YTD

Expecting momentum to pick up in FY19

Earnings are lowered for FY18 and FY19, by -19.5% and - 11.1% respectively

Maintain BUY with adjusted TP of RM0.83

Earnings were below expectations. MRCB’s 9MFY18 revenue was rather unexciting at RM1.5b. It dropped by -37.0%yoy from the same period last year, leading to net profit of RM76.3m (-2.4%yoy). The cumulative quantum was arrived after recording RM18.4m (-44.0%yoy) of PATAMI in 3QFY18. Altogether, the group’s 9MFY18 PATAMI accounted for 58.9% and 62.7% of ours and consensus’ estimates respectively.

The drop was moderated by its key segment contribution namely property. In 9MFY18, revenue contribution from the segment amounted to RM882.9m. Stripping out a one-off item (RM323.0m) i.e. the land disposal of free hold land in Jalan Kia Peng, we arrived to operational revenue of RM560.0m for the period. Consequently, this led to operating profit figure of RM88.9m, covering approximately 70.8% of the group’s total.

Revenue contraction in Engineering, Construction and Environment segment appeared significant. In 9MFY18, the contribution from E

KUALA LUMPUR: Malaysian Resources Corp Bhd’s (MRCB) earnings were down a third in its third quarter ended Sept 30, 2018 (3QFY18) due to the absence of two major revenue contributors, namely the KL Sports City refurbishment project in Bukit Jalil and toll collection revenue from the Eastern Dispersal Link.

The group posted a 35% decline in net profit for 3QFY18 to RM19.79 million from RM30.58 million a year ago as revenue almost halved to RM663.75 million compared with RM1.13 billion recorded in the previous year’s corresponding quarter.

Earnings per share shrank to 0.45 sen from 1.39 sen, according to the group’s filing with Bursa Malaysia yesterday.

Meanwhile, profit before tax had also been affected by the remodelling of the light rail transit Line 3 (LRT3) project to a fixed price contract, resulting in a retiming of income recognition, the group added in a statement yesterday.

For the nine months ended Sept 30, 2019, MRCB posted an 18.2% increase in net profit to RM74.77 million, mainly due to significantly higher margins in its engineering, construction and environment (ECE) division.

“The division’s revenue was mainly contributed by the mass rapid transit Line 2 V210 Package project, the rehabilitation project at Sungai Pahang, as well as several commercial buildings for clients in Johor,” MRCB said.

This was despite a nearly 37% drop in the group’s total revenue over the period to RM1.5 billion from RM2.37 billion in the previous year.

The group’s ECE division currently has an external order book of RM5.9 billion with an unbilled portion of RM4.8 billion, MRCB said.

“The external order book is expected to increase further by approximately RM17 billion once the LRT3 contract is finalised and the Bukit Jalil privatisation exercise is completed.

“The division continues to actively tender for more contracting projects to replenish its order book [with] current open tenders valued at RM2.7 billion,” MRCB said.

Meanwhile, its property development and investment arm has total cumulative unbilled sales which are expected to deliver RM1.63 billion in revenue over the lifespan of its projects.

Shares in MRCB declined 0.5 sen or 0.68% to 73 sen yesterday, giving the group an RM3.21 billion market value.

MRCB, Q3 Report

Quoted from MRCB :

The division also saw a contribution of RM20.7 million net profit from the group’s 50 per cent-owned LRT3 project company MRCB George Kent Sdn Bhd

Does that mean June - September 20.7M Net Profit for GKent?

LRT3 Contract Sum 11B

MOF is restructuring PDP, so maybe lesser then the 6%

Time to buy

1.09B

Bye Tony...

why is fuel price USD/Barrel at 65?

NTA dropped to 1.80

dompeilee which stock is Sunright?

HSI future turning red, trade with care

Cash Settlement Amount
= Number of Structured Warrants X (Settlement Level – Exercise Level) X (1/Exercise Ratio) X Multiplier X Settlement Exchange Rate
= Number of Structured Warrants X (21,470.0000 – 21,000.0000) X (1/900.0000) X HKD1.00 X RM/HKD 0.5023
= Number of Structured Warrants X RM 0.2623

HSI future 21,193 =( Painful for holding C17

Pristine any idea, for the calculation of HSI-C / P

The future at the closing date is based on ?
eg. c17

Mature 28/04

So HSI future 4.15pm Malaysia time? Or 11.45?

How it work, sorry asking as I not very clear

Ya.. If not all my C17 burnt...

Thanks Pristine

Pristine.. Thanks to hear that... Hope HSI can perform in a couple of day

Thanks Pristine... My cost for C17 is 0.200 hopefully market next couple of day can perform.

1MDB default... All my shortlisted stock is red

Anyone holding HSI-C17? Anyone able to help calculate if HSI close at 21,500

Becarful with trade..

Slaughter

.... wow

JT8888, I still holding.. got them at 0.27 =( hopefully can sell them off at 0.32

Mother at 1.200 that's like 0.300 Premium

SGB-PA how to calculate.. anyone know

Anyone looking at SGB-WA?

WE not looking good.. heavy selling

Hopefully WE can close green today

murali : Thanks, i was his subscriber last year. Made some loss some but i didn't follow ALL his call. If honestly speaking i think if follow from the start on all his call i would've made money (but sadly i didn't)

8 months is a long period.. who knows it might even go beyond 40% to even 100% and maybe -100% we will never know.

Still early to judge

just my 2 cent

hng33, i follow you xD

murali : opps hahaha understood, sorry bro

Prepared to buy back anytime soon.. for me

But, if his subscriber were to buy yesterday and sold this morning.. they should had make profit

Wow... Secure a big contract, but drop in share price

Better trade with care... don't chase high, after what had happen to POS/PARKSON

GT01, he meant CP/CO