Tabung haji sold again on 11 Dec. No hope until tabung haji has cleared its holding of another 313mil shares ....

tabung haji selling at 1.06...huge block at 1.06 (3 over mil shares)...

tabung haji still holding 313million shares....wondering how long would it takes to sell the entire 313mil...

hope to collect at 0.75sen......

looks like 1.07 curse is unbreakable....

curse of 1.07 is back.....

back to 1.07 resistance.....

1.07 is the curse......look at the strong resistance.....

KUALA LUMPUR (Nov 22): Hong Leong IB Research has upgraded Malaysian Resources Corporation Bhd (MRCB) to “Buy” at 97 sen with a higher target price of RM1.18 (from RM1) and said MRCB’s 9M core earnings of RM56 million (+62% y-o-y) were above house expectations but below consensus.

In a note today, it said MRCB’s property sales for 9M were strong at RM1.2 billion, a stark improvement from RM192 million for the entire FY16.

It said construction year-to-date job wins were at RM468 million, bringing orderbook to RM5.3 billion (5.8x cover).

“3Q net gearing stood at 114% but this should reduce to 36% in 4Q following the completion of the rights issue.

“Disposal of EDL, Menara Celcom and Ascott could potentially transform balance sheet to net cash.

“Raise FY17-19 earnings by 21%, 13% and 11% after factoring better construction margin and property sales.

“Upgrade to BUY, SOP based TP raised from RM1.00 to RM1.18. EDL disposal to provide near term catalyst,” it said.

only open for tender on 22 nov. the results will only be announced in the 2nd quarter of 2018. Gamuda seems to be the front runner..

sunway will be negatively affected by the new property policy imposed by BDKL

what is the impact on MRCB for the new property policy imposed by DBKL? anyone?

calvin, you have been aggressively promoting MRCB without any solid numbers...just wondering where you pluck your target price at RM1.80 ...from your dream?...haha

seems like you need people to support and achieve your dream by keep promoting your "HOPE & HYPE".....election, bandar malaysia..etc....

calvin, checking on the financials, mrcb only recorded net profit of rm33.7mil for the last 2 quarters. analysts expected mrcb to record about 91mil for 2017 and the nta only about 73sen per share (post RI).

I would say your play on mrcb merely on speculation on Election or Bandar Malaysia etc Hype....or hit and run strategy which is not supported by any financial fundamental.

In fact, i dont see any financials tabulated in your review of mrcb so far....

lou sai non stop after bonus issued ......looks like 1.50 soon.........

tan sri calvin, bank kerjasama rakyat just announced on 3 nov 2017 ceasing to be the substantial shareholder due to non subscription of its rights shares...means bank kerjasama has no confident with MRCB?

3.05 cash per share...buy buy

dont think it will sustain lo....as the brent oil price keep dropping....

kranken koyak already....it's going to fail...cabut....

standby at 60 sen......coming soon!!!...

EPF still holding 290mil shares which will be selling in the market.....u think the price will up? susah la....better wait at 65 sen.....

to be closed at 70sen......cabut..!!!

huge losses for last quarter sept to dec 2016...and all the projects turning bad. ...

Completion of the financial restructuring of EnQuest PLC
MON, NOV 21, 2016 10:20 CET

kranken project is safe for Armada....enquest has successfully completed its debt restructuring scheme

ENQUEST PLC, 18 November 2016
Scheme of Arrangement
Confirmation of Chapter 15 Recognition Order
$650,000,000 7 per cent. senior notes due 15 April 2022
Regulation S: ISIN: USG315APAB40; CUSIP: G315APAB4
Rule 144A: ISIN US29357JAA43; CUSIP 29357JAA4
(the "High Yield Notes")
and
£155,000,000 5.5 per cent. notes due 15 February 2022
ISIN: XS0880578728; Common Code: 088057872
(the "Retail Notes")

Further to the announcements issued by the Company on 26 October 2016 and 16 November 2016, the Company is pleased to announce that at the Chapter 15 Recognition Hearing which took place on 17 November 2016 before the United States Bankruptcy Court of the Southern District of New York, Judge Michael E. Wiles ordered that recognition of the Scheme as 'foreign main proceedings' for the purpose of chapter 15 of title 11 of the United States Code, together with other related relief, be granted.

Completion of the Scheme and the Restructuring is conditional on, among other things, admission of the new ordinary shares: (a) to trading on the London Stock Exchange plc's main market for regulated securities and to listing on the premium listing segment of the Official List ("London Admission"); and (b) to trading on NASDAQ Stockholm AB's main market ("Stockholm Admission"). Upon London Admission and Stockholm Admission occurring, the Scheme and the Restructuring will become effective.

Capitalised terms used but not defined in this announcement have the meaning given to them in the Practice Statement Letter.

Enquiries:
Information Agent:

Lucid Issuer Services Limited
David Shilson
Email: enquest@lucid-is.com
Telephone: +44 (0) 20 7704 0880
Scheme Website: www.lucid-is.com/enquest

only happen if brent hits USD100 per barrel....so RM1.50 will be a dream...

16.0 mil shares traded off market at 0.05cent yesterday....as good as giving out for free....

something bad is coming.....

holland liao.....no dividend for this year 2016..

run.......TP 0.50 cent

going down to 0.70 once again...this time will be even lower. TP 0.50...

OMBAK and EPF are back on selling ...1 billion shares...

buy on rumours...sell on facts...

news out...nothing fantastic...will down back to 71 sen ....run...run..

will close at 75 sen today....

Today's volume only a fraction of the 1 billion shares....

Always remember the 1 billion shares to be sold by OMBAK and EPF......can't imagine who can support the 1 billion shares selling pressure..

OMBAK is selling now....

Yesterday was only a temporary technical rebound after down from 80sen to 71sen..REMEMBER another 1 billion shares are still hanging out there which are ready to be sold in the market by EPF and Ombak....don't fall under their trap....

See you guys at 50sen

cant compare cuz the problem with Bumi is that 2 major shareholders ie EPF and Ombak are selling down their shares....another 1 billion shares to be sold......

Terence siah; don't simply spread this kind of stupid news for the sake of your own interest...

EPF and Ombak may know something that the public don't know....that's why they keep selling down....my biggest worry now is whether the price will dip all the way to 20sen (like what happen to Hibiscus)...then all stupid bad news coming out....all contracts are terminated and the banks are pulling back the credit lines....eventually the company left with nothing and go burst naturally.....

this counter will bring us to holland....

he just sold 30mil shares for the last one week, and the share price already drop 8sen from 80 sen to 72 sen..imagine, another 384mil shares to be sold....the share price will terjun to 20sen....

6.5% major shareholder, ombak damai ........still got 384 mil shares to sell...diu liao....

dont know when the selling pressure will start to ease...

looks like from mega counter turning into rubbish counter....

no mercy on the sell down...

looks like another selling program today....heavy sellers on the queue....diu jor....

hari -hari jatuh...mau sampai bila?...

everyday is a new low for this counter...another 400mil shares to be sold by epf....