Guys don't get too emotional

I think what that guy was saying is not that MMC is expensive

Market is always irrational, and we have operators

I think he meant don't get caught in another round of ZZZzzz of stock price hibernation

Cheers all

P.S. I'm still holding for both dividends and potential gains

taitaiwong ♥ ♥ ♥

I will be here to kacau u forever hahahahaha

Should be on its way back to 3.30-3.60!

Timber should recover as world economies reopen

Pent-up demand from constructions that sangkut during lockdowns

@rr88 +100 agree with you

MMC is getting too large in my portfolio, better take profit and reduce it to a comfortable %

At least I don't have to go check the price up/down every now and then hahaha

Now whatever happens to it I don't care, I gonna be taitaiwong 2.0 just sit back enjoy its dividends hehehe

Good for u lo taitaiwong hehehe

Mr taitaiwong, past few weeks u got buy or not?

Lai lai share with us

hahahahaha taitaiwong

I hereby declare I already sold half my holding at 1.21

Left half to continue the ride :)

JOHOTIN low volume, very easy swing up de if got buying demand

Shit. Glove doom reached MMC liao hahahaha

@LRWoo99 this is not "stuck"

This is called "consolidation"

Seems like quietly going up again

taitaiwong gor gor!!! ♥ ♥ ♥

@vanbasten9 are you dumb or what?

Author: JENNY LOH

Should go to 1.50

IB punya TP not unrealistic

To be frank la if Westports can trade at 5 times NTA

MMC should at least 50% NTA
or at least match Westports' dividend yield lo

Today shall break 1.20 resistance convincingly?

When share price overshoots, some warrants become a piece of waste paper...

IBs are all evil? If not because of IB analyst reports on MMC, I also won't discover this gem, won't go do my own homework to decide it is a worthy investment.

Not all bankers bring you to Holland...

And not all "friendly" advisers want the good for you...

As always, caveat emptor!

After the recent spike I'm surprised still no IB publish any update or trading note on MMC. Hmm...or did I missed them?

@limyuwei now that you mention it

Yeah, I reinsured using Kurnia/AmAssurance online myself (i.e. skip agent), got 10% rebate

Allianz no rebate

Furthermore with UMNO as kingmaker in PN (if they leave then PN hancur)

Syed Mokhtar businesses should have bright outlook

@limyuwei I thought motor insurance is standard across all general insurers?

Of course u don't go add this and that la. General comprehensive insurance should be standard, no?

@trumpgreatagain not meaning to tease or laugh at taitaiwong, but I believe that is exactly what happened to him when he bought MMC at RM2.00+/-

You don't hear him complaining much because he still enjoying his dividends for the past few years :)

U buy MMC, if u kena trap, u still can treat as FD collect dividend which is comfortably above FD rates. At least more than double!

DNEX? U kena trap, ask for Buddha or Jesus also no use.

DNEX:
T4Q P/E | EY: 1,752.00 | 0.06%

Speculative stock. Enuf' said.

@zulhanizam93

not apple to apple

1. Westports is 100% ports
2. MMC got Gas Malaysia, Malakoff, Alam Flora, constructions & engineering

f total divvy 6.0 sen

And u bought today at 1.24

Fret not la, just keep for 4.838% dividend yield

Treat at FD lo

RM1.20 >>> RM1.36

Still got 13% to make

Hehehehehe

You guys forgot 1 very important factor

I read somewhere that Allianz got exclusive right to sell motor insurance at Pos Malaysia offices nationwide

This is a good income driver

@glorymas my average cost only 80 sen, now at 1.20 I already profited 50%.

Of course planning exit already

Furthermore my main investment objective is for dividends

When MMC divvy yield falls below divvy yield of, say, IGBREIT (one of my fav REIT) at <4.0%, of course I will sell at least some lo

MMC 2019 divvy 4.5 sen
MMC 2020 interim divvy 1.5 sen. Final divvy still unknown

Assume final divvy 3.0 sen. FY2020 DY@RM1.20 = 3.75%
Assume final divvy 4.5 sen. FY2020 DY@RM1.20 = 5.0%

IGBREIT net yield now 4.40%

Let's ASSUME MMC FY2020 final divvy is 4.5 sen, so total 6.0 sen
4.40% DY is 0.06/0.044 = RM1.36

Pinky might trim position at RM1.36

@BULLBULL_BULL I don't give advice, later Securities Commission ppl come knock my door

I only give GENERAL ADVICE

Don't put all eggs in 1 basket - diversification in a portfolio

@trumpgreatagain

Jenny Loh = KYY???

@LRWoo99 until the dividend yield no longer attractive vis-a-vis dividend yield of my REITs esp IGBREIT.

Tech stocks are worse than glove

Glove at least got earnings visibility, but bogged down by expectations that ASP will go down drastically

Tech? All on wonderful hopes

No visibility

Unker KYY, MMC is beckoning...come join us hahahahaha

That Jenny Loh trolling KYY with that post la

This is a trolling post la...poster is Jenny Loh, NOT KYY la

@cariyoyo where is that news that KYY is moving into MMC?

https://klse.i3investor.com/blogs/jennylohsharing/2021-03-09-story-h1542094304-MMCCORP_KYY.jsp
This is a trolling post la

taitaiwong is really very funny

If you really are a long term investor, just sit back and enjoy your dividends. People goreng the stock or short sell it til mother also cannot recognise also no impact to you ma hahahahaha

UNLESS...my guess was correct, his average entry cost was RM2++ and he's still not done with averaging down his cost oops

Seriously if this is true I admire his loyalty to a stock

When you look back in retrospect of course you would think

"Aiya IF I had stopped at win no. 6...I WOULD HAVE went home with maximum winning lo...why I bet another 2 times..."

If you can know that bet no. 6 is the reversal, you are Chow Yun Fatt, God of Gamblers lo.

If you never placed bet no. 2, you'll never win on bet no. 3
If you never placed bet no. 3, you'll never win on bet no. 4
If you never placed bet no. 4, you'll never win on bet no. 5

Riding an uptrend is like catching a winning streak at a casino Baccarat table.

You bet Banker, and you won on a streak of 4, 5 or even 6. You keep betting til the Banker streak ends.

Then next game was won by Player.

Do you stand up and leave? No. You bet Player now, who knows there's a streak of Player wins is coming next.

If lose again, then you go home happily with the winnings.

You don't leave when the streak is hot. You leave when the streak has confirmed ended.

Who knows if really surge to RM1.60 I can proudly record in my trading history MMC as my 1st ever bagger (earn 100% stock)

Fingers crossed

My opinion is still same lo

Those who bought long before this exciting surge (cost 80 sen or lower, like me) can hold for long term investment lo. Be like Mr taitaiwong!!!

I just got my i-Sinar money but not gonna chase MMC with it hehehe

In view of COVID-19 pandemic and the Movement Control Order 2.0 implemented by the Malaysian Government, Bursa Malaysia Securities Berhad (“the Exchange”) has granted a 1-month extension of time for the issuance of unaudited quarterly report for the period ended 31 December 2020 (“Quarterly report”), which is due by 28 February 2021.

The Board of Directors of Johore Tin Berhad (“Company”) wishes to inform that the Company will utilise the extension of time granted by the Exchange and will ensure that the Quarterly report will be issued by 31 March 2021.

This announcement is dated 2 March 2021.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3134987

Mr taitaiwaong,

I will be here to haunt here as long as you want me to go away.

Wahahahaha

Reiterate:

If maintain 4.5 sen divvy, Pinky TP 1.20
IF 6.0 sen divvy (which I'm fairly positive of), Pinky TP 1.60

TP/exit price is based on 3.75% dividend yield

Good luck all!

@fauziah86

https://klse.i3investor.com/servlets/stk/annent/2194.jsp

Most likely announce during mid to late April

If you are confident of 4.5 sen + 1.5 sen dividend for 2020

Don't sell anything below RM1.50

That's 4.0% dividend yield

@trumpgreatagain my TP is based on 3.75% targeted dividend yield

Maintain 4.5 sen divvy, Pinky TP 1.20
6.0 sen divvy, Pinky TP 1.60

Go go go !!!