Ensure ECRL project boosts local rail industry Chelvam Rengasamy 9 Apr 2019, 6:24 pm (Updated 9 Apr 2019, 6:24 pm)
A A LETTER | Over the last couple of weeks, the government had echoed its stand on the most talked about East Coast Rail Link (ECRL) project. Now, it looks like the ECRL will be finally be given the go-ahead with adjustments to the pricing and scope of works.
To recap, the ECRL project was pushed ahead at lightning speed so much so the agreement was not analysed in detail to check if this project truly brings a good return for the country, its people and the local rail industry.
During the initial phase, there were some initiatives to provide some scope of works to local contractors. However, these were not much to be talked about. It certainly would not create an impact on the development of the local rail industry.
Though this project is financed by a foreign country and its entity, nevertheless one must remember that finally, the amount will be paid by the government of Malaysia. In this aspect, as the client, the government must see to it that this project rightly benefits the country and the local rail industry.
Good la like sound better!!! Buy a definitely buy u guys go check how many land property MRCB has even the NTA has to be revalue due to the revival of ecrl & HSR the revalue NTA could be 1.3 !!!
Company Name MALAYSIAN RESOURCES CORPORATION BERHAD Stock Code / Short Name 1651 / MRCB Date & Time Announce 10/04/2019 05:49:17 PM Subject Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
Content Substantial Shareholder's Particulars Name : LEMBAGA TABUNG HAJI Address : 201, JALAN TUN RAZAK 50400 KUALA LUMPUR NRIC/Passport No/Company No. : ACT 535 (TABUNG HAJI ACT,1995) Nationality/Country of Incorporation : Malaysia Descriptions(Class & nominal value) : Ordinary Shares
Name & address of registered holder You are advised to read the entire contents of the announcement or attachment.To read the entire contents of the announcement or attachment,please access the Bursa website at http://www.bursamalaysia.com
Details Date of Change No of shares Price Transacted(RM) Transaction type 08/04/2019 100,000.000 0.000 Acquired 08/04/2019 3,000,000.000 0.000 Disposed 09/04/2019 200,000.000 0.000 Acquired 09/04/2019 3,000,000.000 0.000 Disposed
Description of other type of transaction : Circumstances by reason of which change has occured
Nature of interest : Direct Interest Direct (units) : 298,585,946 Direct (%) : 6.786%
Total no of shares after change : 298,585,646 Date of notice : 10/04/2019
Remarks You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
7 Jun 2018 · KUALA LUMPUR: Following expectations of the East Coast Rail Link (ECRL) not being shelved, stocks of construction companies linked to the rail project rebounded yesterday. ... Hence, shares of construction companies such as Gabungan AQRS Bhd , George Kent (M) Bhd and Lafarge Malaysia ...
In my opinion, the big shareholders- LTH was playing the fool with the other smaller shareholders of the MRCB - BY DISPOSING AND BUYING AT THE SAME TIME ON THREE OCCASIONS
PUTRAJAYA: Malaysia Rail Link Sdn Bhd and China Communications Construction Company Ltd have signed a supplementary agreement that will pave the way for the resumption of the East Coast Rail Link (ECRL) project.
The signing was achieved after months of negotiations between the companies involved as well as the governments of Malaysia and China, said the Prime Minister’s Office (PMO).
“We are pleased to announce that the construction cost of Phases 1 and 2 of the ECRL has now been reduced to RM44bil.
Mrcb now is on uptrend Very fast will break 1 ringgit. Wct is my second time sapu and same profit money as last time . Why too many value asset and shopping mall is running good . So no need to worry about the ib target price The Ib either put too high or too low If you studying IB report you will miss all the gold in bursa That why I never study Ib sohai report As I said goreng is goreng that ck: [EKOVEST]: EKOVEST BHD
Nabeh I have bought back at .965, y’all no steady la left at .98 ...99, then start shouting sell puiki .... this counter must go beyond RM1+++let those who left early go panic!!! Bukima make me earn less
Shortsighted ppl always sell early, those who say buy on rumors, sell on news only applicable to other sectors not constructions & “property” sector like MRCB. MRCB current NTA sit on 1.1, it should have rooms to grow!!! Do more study n wish it should go back to .9, even so ... i will buy more!!
Superbull11... wah famous guy picking on me, the next joetay award will belong to you this year u can keep doing tht.... clap clap clap!! Guys u know what to do, I gave all my hints n thts it, buy sell u like muacks huat ah!!
"The new alignment will leverage on the existing KLIA Express Rail Link (ERL) as well as the future MRT2 SSP Line with an interchange in Putrajaya Sentral.
Sold all my MRCB Found a construction stock with low PE, Good NTA and div soon. The company revenue YoY also consistent improve from last 8 quarter. Please check 8591
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
SamuelLuke
2,020 posts
Posted by SamuelLuke > 2019-04-09 15:38 | Report Abuse
Fall ur head! Confirm cross 1 this week, find ur position to accumulate more!!