Eh, closed at 1.00

@pingdan I'll still stick around hahahahaha

Yeah esp with the high EPS for 2020

Dividend surprise is not an unattainable dream :)

@pingdan ya I know final dividend is always announced in April

Interim divvy of 1.5 sen already paid

My question to u was, do u think final divvy may be more than 3.0 sen, to make it higher than previous year's 4.5 sen? ;)

@pingdan you're confident of dividend surprise next month?

"We are mildly positive on the latest development as MMC is effectively gaining entry into a developer who has locked in a decent deal with DBKL. We believe the project on the 77.8- acre land in Cheras with an estimated GDV of RM16bil could potentially do well (at least over the long term) given the huge population catchment in the surrounding areas."

https://klse.i3investor.com/servlets/ptres/59103.jsp

Stock market doesn't always go up in a straight line

Well, maybe for Dow Jones and S&P 500 for the recent past...

Don't be spoiled by the fast gains of the past few months...

Because market is recovering from a low base, from a pandemic-induced crash...

You think you can buy today and next few days or weeks go up and earn XX%? Dream on...

Hence my preference for dividend investing, if price stagnant, at least I get my dividends...

Anggap macam buy a house to collect rental...

Relax...today many counters also down

@dollardollarbill I have faith that timber should recover after Covid-19

@pingdan hahahahaha

Wait la until market close

Pancut awal je on morning hehehe

Willtolive and a good synergistic diversification too. They are already in infrastructure construction so property construction wouldn't be totally new to them. It's a natural diversification.

Instead of trying to tender for external jobs which they may or may not secure, they buy half a company to get an almost assured pipeline of construction work.

And property construction, even for low-mid cost ones, have fat margins if u compare with MMC's other segments!

And maybe insiders pulling down the price before this DBKL land deal announcement too...

Those having low entry cost would have wanted to take profit, thus dumping above RM1.10-1.20

When MMC spiked up to RM1.10-1.20, it attracted the attention of ikan bilis and fast-profit hunters/traders

Then when the dumping starts, those who bought at RM1.10-1.20 starts to panic and some decided to cut loss

After this, only quality investors would remain

Flushing out short term traders!

https://www.theedgemarkets.com/article/mmc-buys-tradewinds-50-stake-retro-highland-rm250m

In The Edge.

24 years of HIGHLY LIKELY order book replenishment for MMC ENGINEERING!

So this acquisition is in a way to replenish MMC Engineering's construction order book.

Should be positive news.

Eh I got confused. I thought u talking about Sarawak Plantations Berhad hahaha

Cheers

@pingdan

I saw a lot of uncles at Genting that always tell people things like this...

"See? I told you this is gonna be a long banker win streak! You no listen to me only..."

:)

U cannot expect all stocks to shoot up indefinitely la

This correction is foreseen

But I don't think will return to penny stock la

SPB is a pure palm oil player

Whereas TAANN results are dragged by poor timber segment

Let's see a technical rebound tomorrow :)

"The outlook for 2021 remains positive with the uptrend of commodities price resulting from the demand exceed supply mainly due to the COVID 19 pandemic."

Board is optimistic on 2021 prospects!

@kinuxian go read the full report

The loss is actually due to impairment, write-offs and fair value changes.

Operations is still making profit.

Apa SOP? U mean SPB izit?! Hahaha...

Results announced. Full year improvement, but 2020-Q4 results not as good as desired. Timber segment still not recovering. Hmm...

@JP01 that is why I took profit at 1.21 lo

Today I just re-entered at 1.12

Later 4.49PM see what price I can get hehehe

If drop below RM1.00 I quit MMC group at i3!!!

https://www.theedgemarkets.com/article/sc-bursa-malaysia-announce-temporary-reliefs-listed-firms

"Under the extension of time to submit financial statements, an automatic one-month extension for the issuance of quarterly and annual reports for the Main and ACE Markets, as well as semi-annual and annual audited financial statements for the LEAP Market, which are due on Feb 28, March 31, or April 30, 2021 respectively."

Now my MMC average buy-in cost is 84.6 sen

5.32% dividend yield on cost. Mana mau cari hehehe

What bailout? Go read the news and the HL and AmInvest report.

They are buying out the business WITHOUT assuming its debts and liabilities.

When ikan bilis start to give us is when recovery is at sight hehehe

I reloaded a bit just now at 1.12

Earned enough at JOHOTIN, don't like the latest quarterly report. Took profit and exited.

Laosai!

Good analyses.

@ixnay_wey411 very hard to see, because that is not a full Cash Flow Statement

They just disclose the major items only

Hmm...insiders were selling before results announcement?

MCO hit JOHOTIN quite badly...luckily still profitable

Close at 1.14

yat yat sei

so inauspicious hahahahaha

I will support

IF MMC drops below RM1.12 today

wahahahahaha

hahahahaha

Bye bye Trump~ ♥ ♥ ♥

Moving sideways liao

Encik Van Basten 9

Please go open a blog or a forum topic to promote your warrants

You are getting out of topic

TAANN below RM3.00 is always a BUY

Orange and apple comparison

If wanna compare MNRB, go compare to Allianz Berhad

Mohd Yazid apa good news? Jgn la blow je

And I don't like him openly promoting warrant trading

Warrant trading, and trading on margin, is what scarring many novice investors for life and lead many to bankruptcy or debt

Margin and warrants is more to semi-gambling than investing

While I don't agree with vanbasten9 punya negativity and cari gaduh style

I do agree with him that MMC has this tendency to ZZZzzz

And this feels like it

Those who bought below RM1.00 like myself we don't mind we just treat it as FD

Those who bought RM1.10-RM1.20...brace yourself to hold...or run if u got other better opportunities elsewhere. And I hope u are not buying MMC using margin. Well, if your margin interest is 4.80%, MAYBE your dividends can cover the margin interest la

taitaiwong bro where are you?

Bising la sini XD

Hahahaha the battle over here

EPF is still acquiting...

@goodiewilly that TP got crazy forward P/E...

Even more crazy than those for glove stocks

Oi jangan, I outa ammo now

Need wait April i-Sinar for ammo XD

@aliyusof I'm glad my timing is not too bad this time hahaha