@ SamuelLuke Mabel collect at low oh, glad tht u got some at RM1, this company load of cash NTA1.1+ so good for long term capital gain, recent lowest at .55 only last yr so pick ur position to accumulate. Huat ah!
Aminvest giving discount from its valuation of 36cents, hongleong giving valuation of 33cents, hwangaffin giving 31cents valuation (all these not target price, is fair valuation price), so by right the actual fair price is around 0.33 to 0.36
But the big shark still collecting the super cheap shares around 0.18 to 0.19
But before Armada being awarded the court winning for Woodside claim soon, 20cents gap up, that time will worth for 0 50+++
Can please share if you have bought stocks at all? Or if any trading strategies that you have actually profited from? OR if you have even entered any position?
I don’t mean to bad mouth this counter I simply wanna buy low as low as I can.... as what Shquah said n I agreed if Bandar Malaysia really officially launched MRCB might even become rm3 above...u know what happen Iwcity last time... u know...
BN??! Maybe maybe.... once all the bandits n thieves arrested maybe BN can be reformed better... hopefully, our country do need some strong clean hands to help.
Once BN back to stage , all will back to normal . Problem is PH too high profile wanna catch those corruption people, but 80% money is in 1% hand , they sure zhao lou. All money flow out msia....thanks to PH
siaoliao, thts very wrong idea. Malaysia is at the early stage of development, we still have many lands n resources. U can see us as the early Singapore when the country is full of pirates, thieves, bandits, n communist....once those ppls are captured, we then can create a good systematic transparent government n then u can foresee our KLSE reach 2000 above ... have faith my friend hopefully the 1% u mentioned are not those bandits n thieves or they will be captured n return the 80% money ....u know what’s then?? We will split the money on stock market thts how we get into picture ...muhahahaha.
The Group recorded revenue and profit before taxation of RM234.1 million and RM8.4 million respectively, in the quarter ended 31 March 2019, compared to revenue of RM374.1 million and profit before taxation of RM7.7 million recorded in the preceding quarter ended 31 December 2018. The higher revenue in the immediate preceding quarter was mainly due to higher revenue recognition from the 9 Seputeh mixed residential development in Jalan Klang Lama and the office towers in PJ Sentral Garden City. The Engineering, Construction & Environment Division also recognised higher revenue due to the construction completion of several commercial buildings in Johor. Despite recording lower revenue, the Group recorded a slightly higher profit before tax of RM8.4 million compared to RM7.7 million recorded in the immediate preceding quarter.
For the first quarter ended 31 March 2019, the Group recorded revenue and profit before tax of RM234.1 million and RM8.4 million respectively, compared to RM427.6 million and RM30.6 million respectively recorded in the preceding financial quarter ended 31 March 2018. The 45% decline in revenue in the first quarter of 2019 compared to the corresponding period in 2018 was mainly due to the lower revenue contribution from both the Property Development & Investment and Engineering, Construction & Environment Divisions. Profit Before Tax fell 72%, impacted by the lower revenue recognised during the period as well as the deferment and re-timing of income recognition from the LRT 3 project. As a result, the Group’s 50%-owned LRT 3 project joint venture company MRCB George Kent Sdn Bhd contributed profit after tax of only RM0.5 million, compared with RM9.0 million in the corresponding period in 2018. This is considerably lower than previously budgeted due to the deferment of progress billings resulting from the re-modelling of the project from a PDP to a fixed price turnkey project by the Government.
MRCB 8/6/2019 Cup and Handle pattern formed. currently is at the resistant , it might be breaking out next week as the candlestick formed on friday is legit and strong.
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....
moneymaker99
149 posts
Posted by moneymaker99 > 2019-05-15 12:50 | Report Abuse
1.05 go go go