Posted by cywmedia > 1 month ago | Report Abuse

I cannot tahan already. I have to say this.
Anyone who buys mrcb for past results is dumb. Anyone who expected high profits for past quarter is dumb.
You buy mrcb for growth catalysts. Mrcb has so many catalysts coming up. Look at the Prospects section of the quarterly report . No need to look at anything else. Stock valuation is forward looking. Mrcb is a growth Stock.

This is perfect time to flush out all weak holders.

Posted by cywmedia > 1 month ago | Report Abuse

Direct negotiations alone got:
1. 5 LRT stations - previous budget mentioned 4.7bil cost . I find this on high side but even if you take 1-2 bil. That's great potential
2. Shah alam stadium - 1bil
3. KL Sentral redevelopment - 1bil

Other potential projects in pipeline:
1. MRT3 project
2. Flood mitigation
3. HSR project
4. Penang LRT
5. I'm sure got more I don't know about

So, yes this is a growth stock. To buy for past performance is just dumb. Period.

Posted by cywmedia > 1 month ago | Report Abuse

Remember that you need a growth story & catalysts for a stock to move higher. Otherwise a stock won't go anywhere. Mrcb has so many growth stories & catalysts to push much much higher from here. Just be patient.

Like Warren Buffett said , the stock market is a machine to transfer wealth from the impatient to the patient. Or something like that. So, be patient. Once projects are announced it will be impossible to chase.

Posted by cywmedia > 1 month ago | Report Abuse

& mrcb also has Rm 1bil in cash reserves. That works out to be 25sen per share.....

Posted by Tanleechoo > 1 month ago | Report Abuse

Agreed.. in the past they also have many big projects … the execution part is the challenge.. given the opportunity, whether they can execute effectively or not is another question

Posted by Investormy > 1 month ago | Report Abuse

There is 2 big upcoming development projects, Bukit Jalil Sentral and Kwasa Damansara.
Note that in Q1 report, MRCB announced that they already got the land for Bukit Jalil Sentral from the government and released from the Land Bond in April, 2024. This was the main issue which is causing delay of the project. So, things will be moving for this project now.

Posted by Investormy > 1 month ago | Report Abuse

Q1 result shows lower revenue and profit because of Covid and MRCB took the prudent steps not to simply launch or undertake new project that time. Realistically, Q2 and Q3 will also be the same because all these new projects can only be billed later. The results will only flow smoothly next year.

Posted by Investormy > 1 month ago | Report Abuse

By that time, price of MRCB will be above RM1. Patience is the game.

Posted by cywmedia > 1 month ago | Report Abuse

If you look at the LRT3 project, it is clear they were screwed by the previous government when the cancellation of stations & budget cuts caused their profit margin on the project to fall to ridiculous levels. At a glance, I think the overall margin for LRT 3 project fell to around 3%. That's lower than risk free interest rate. But they had to do as national service I guess. I think the reinstatement of 5 stations will compensate mrcb for being screwed previously. Just my 2sen

Posted by cywmedia > 1 month ago | Report Abuse

There are so many tailwinds for mrcb - as long as the catalysts are there, there is a good probability of the stock going way above Rm1 on newsflow. That's how the stockmarket works. Just my 2sen...

Posted by tpee1999 > 1 month ago | Report Abuse

bought a few units only

Posted by Investormy > 1 month ago | Report Abuse

Target price remain at 80sen by RHB /OSK https://klse.i3investor.com/web/pricetarget/research/71633

Posted by Investormy > 3 weeks ago | Report Abuse

Data centre prospects? MRCB said it is in active discussions with several companies on the development of a data centre.
Management has said it is considering a build and lease model.
https://www.businesstoday.com.my/2024/06/02/slower-1h-for-mrcb-dc-prospects-could-ramp-up-2024/

Posted by drkhairul84 > 3 weeks ago | Report Abuse

Any possibility of MRCB involvement in Google data centre project??

Posted by theyoungman > 3 weeks ago | Report Abuse

Long term still looks good.

Posted by B03392 > 3 weeks ago | Report Abuse

Yes. Its good news for MRCB. Seems all companies are going for data center projects. Rail projects are stil rolling for MRCB xpecially Penang LRT..MRT3 and HSR👍

Posted by Zikir95 > 3 weeks ago | Report Abuse

Kumpul lagi semasa ia sentuh 60 sen 🙂

Posted by prudentinvestor > 3 weeks ago | Report Abuse

Lebih baik kalau boleh jatuh sampai 55 sen.

Posted by Zikir95 > 3 weeks ago | Report Abuse

Sekarang nak kumpul pd 60 sen pun susah. dah terbang ...

Posted by prudentinvestor > 3 weeks ago | Report Abuse

Strong support, not likely to drop to 60 sen, let alone 55 sen.

Posted by hhhiii123 > 3 weeks ago | Report Abuse

Lrt penang roll out soon?

Posted by tpee1999 > 3 weeks ago | Report Abuse

mrcb -up
bjland-up
uems-up

hrmmmmm.....HSR ????

Posted by tpee1999 > 3 weeks ago | Report Abuse

just bought a few units only.

Posted by Zikir95 > 2 weeks ago | Report Abuse

100k units ? 😀

Posted by tpee1999 > 2 weeks ago | Report Abuse

hi zikri95 , i only buy a bit only .... still learning the trade ...

Posted by theyoungman > 2 weeks ago | Report Abuse

Invest. Try to avoid trading leh. Bahaya

Posted by 凯翔 赖 > 2 weeks ago | Report Abuse

其他大大小小的建筑股和产业股大部分都飙升了，除了这只沉睡的羔羊。

Posted by Investormy > 2 weeks ago | Report Abuse

MRCB should have been 80 sen & above by now. NAV is more than RM1. But notice that someone is trying to push down the price. Probably in collection stage n waiting for fools to sell them at cheap price.

Posted by Zikir95 > 2 weeks ago | Report Abuse

Besok pecah 70 sen 😊

Posted by theyoungman > 2 weeks ago | Report Abuse

Kai, scolding again? Why and what for? Investment don't work like that (shout and scold then it will go up meh?) My2c

Posted by Leverage > 2 weeks ago | Report Abuse

Singapore is open to new ideas including proposals on the Kuala Lumpur-Singapore High Speed Rail (HSR) project at the upcoming 11th Malaysia-Singapore Leaders’ Retreat, said Singapore Prime Minister Lawrence Wong.

The new Prime Minister said that during the retreat, Singapore would take stock of the progress of the ongoing discussions between the two countries.

“And of course, along the way, there may be new ideas that come up, and we are open to hearing from Malaysia if there are proposals for the HSR project.

“Whatever the new ideas are, we will keep an open mind and we will discuss it in the right spirit of taking our relationship (further),” he told a joint press conference with Prime Minister Datuk Seri Anwar Ibrahim here today.

Posted by 凯翔 赖 > 2 weeks ago | Report Abuse

https://www.klsescreener.com/v2/news/view/1338775

Posted by Richdady > 2 weeks ago | Report Abuse

How many time thy Wana talk about this..let's on the project..malasia really susah

Posted by Khatulistiwa1 > 2 weeks ago | Report Abuse

https://www.dagangnews.com/article/konsortium-disenarai-pendek-projek-hsr-mungkin-diumum-sebelum-september-2024-rhb-investment-38119

Posted by Zikir95 > 1 week ago | Report Abuse

MRCB akan terbang tinggi semasa projek HSR dilancarkan 😀

Posted by tpee1999 > 1 week ago | Report Abuse

only 3 consortium being shortlisted for HSR project .

Posted by 凯翔 赖 > 1 week ago | Report Abuse

Rubbish stock

Posted by Richdady > 1 week ago | Report Abuse

Worst to worst.. 74 just passed after that can't go up.. big cap.. useless

Posted by Zikir95 > 1 week ago | Report Abuse

Ada orang rugi banyak semasa main trade di Bursa. So geram 😆

Posted by EnemySpotted > 6 days ago | Report Abuse

Profit take or lost opportunity ?

Posted by 凯翔 赖 > 6 days ago | Report Abuse

Finally sold out all & buy in few hundred lots DFX.

Posted by tpee1999 > 5 days ago | Report Abuse

going to buy a few units only

Posted by Zikir95 > 5 days ago | Report Abuse

Invest in long-term. Kalau tak, akan kalah dan jadi geram macam Richdady 😆

Posted by Richdady > 5 days ago | Report Abuse

Hahahhaa ... Soon will rebound back ...

Posted by Zikir95 > 3 days ago | Report Abuse

😂 Bergurau sahaja, Richdady. Don't take it personally

Posted by Richdady > 2 days ago | Report Abuse

Hahahhaa. Zikir95,,, long term yeah 😆😆😆

Posted by prudentinvestor > 2 days ago | Report Abuse

Now 60 sen support level in danger. Hasn't dropped to such a low level for several months.

Posted by Richdady > 2 days ago | Report Abuse

Zikir95 ...menang.. gembira zikir

Posted by 凯翔 赖 > 1 day ago | Report Abuse

Tabubng haji continuous selling MRCB share. Luckily I sold out all at 64¢ & 63¢，😄

Posted by investopology > 1 day ago | Report Abuse

Property and construction theme are expect to rebounding soon. Especially this mrcb is way undervalued and operator press down gaogao.