corp can take the opportunity to get the loan with bank pay off earlier debt with higher interest and enjoying low interest rate in market

@zen_2k it's not always the bad news to have corp debt especially right now as long as company is still growing. banker are more than willing to loan for good prospect company than famous but unable to generate jncome, such as airline.

Lol. Cant expect everyday like rocket to up up to the sky right.

I just average to 0.82 today. TP price 1 is good enough for me... i’m quite optimistic about mmc corp business portfolio so far. The only division generate negative income is definitely their airport in johor. Apart of that the rest of the business have good resistance in pandemic.

I was trying to catch at 0.85 this morning but I missed the chance :(

Yeah. This good news make mmc against the odds to close higher

Logistic concern to transport and storage for vaccine

https://theloadstar.com/vaccine-is-good-news-but-are-supply-chains-cold-enough-to-handle-it/

In future maybe, but definitely like the report saying its thr future

Not to create any panic but unfortunately there is no facility to handle -70’c to transport by air or by sea for the time being.

https://sg.finance.yahoo.com/news/pfizer-vaccine-could-cold-comfort-113236558.html

I missed the glove counter and not intend to join the party on any rubber. apart of that any good fundamental stock to recommend? am still holding TNB.

Trump allocated big budget on these vaccine to supply US first. I am curious malaysia signed any agreement with pfizer on vaccine? or we just too optimistic about the r vaccine without side effect may arrive malaysia anytime?

market are over react with the vaccine news. even pfizer proven the vaccine works but it won't be supplied to the rest of the world in q1 or even q2 next year.

The rational are based on penang/johor (pure import/export), port klang (limited transshipment), while tajung pelepas mostly handle for transsshipment cargo.

My observation may be incorrect. If we look at mmc corp terminal portfolio, penang volume may be declined, while port klamg (north port) and johor port recover from the slow movement from mco makes up total handling on par with last year. While tanjung pelepas are likely to increase of volume handling.

Thats kind of good news, thanks for sharing

anyway, just my 2 cents opinion.

@kunixian, thanks for the head up. ref to q4 performance, as far as I can observed, the acceleration of recovery pace is just right. despite the upcoming 3rd wave of covid, demand of essential goods are still remaining strong with no sign of slow down up t end of this year in export. it could highly benefit those manufacturer who are driven the result by oversea market, and therefore directly benefit of terminal business.

YTD tanjung pelepas handle 850k teu, that is exclude the transshipment volume and YTD johor port handle approx 730k teu. With current momentum we should be expect slightly better prospect in q3 and q4 volume

@pinky yes indeed its good new for terminal operator like mmc corp. terminal are playing volumr game, higher volume handling in return for higher revenue.

any idea when is their Q3 financial announcement?

thus am pretty optimistic on the terminal business from MCC, but the rest of their portfolio likes utilities and construction am not too sure about their performance

just personal 2 cents opinion, I am fortunate to have a glance on terminal handling volume which is recovering from RMCO and expect to last till next year CNY