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2013-02-02 18:21 | Report Abuse
At the moment the overhanging shares are huge. Anyone wants to mop the shares need at least RM200 million.
2013-02-02 18:02 | Report Abuse
Support is at 44 sen. If klci plunged again the possibility of hitting below the support level is there.
2013-02-02 13:03 | Report Abuse
There are still high overhanging Amedia shares in the market todate. Many people has been caught with the plunged last year. My opinion is that this is a syndicate "play" counter. It will only move when the syndicate start to manipulate the prices and the volume. Of course, the main share holders are also "in" the league to make the scheme works. As to how low it can go, nobody knows. As to its fundamentals, whether its preplanned or fix, it's difficult to know. The first round of profit has been reaped. Any surged of prices will be too soon as people still have memories of the runup.
2013-01-21 01:20 | Report Abuse
the window of opportunity to reach RM1.50 will be CNY bull run plus more projects obtained of at least another RM500 mill. Plus the declaration of divi of at least 6 sen per share will do the trick. If price cannot reach RM1.50 at least RM1.20 is possible.
Stock: [MRCB]: MALAYSIAN RESOURCES CORPORATION BERHAD
2013-02-04 21:21 | Report Abuse
Mrcb will only recover when BN wins. It's a pure crony company. My opinion is no amount of contracts gained will help price recovery. Only politic confidence will lift it up.