HSR nowhere in sight. Everything still in discussion and the project not even sign yet. Whether mrcb able to secure the project is merely Speculation. Gem? Just a piece of brick
Malaysia enters new era of economic momentum with Bandar Malaysia revival
KUALA LUMPUR: The Pakatan Harapan (PH) government has sent a very clear message to local and global investors that it will continue to maintain macroeconomic stability to drive the economy forward, said IQI Global chief economist Shan Saeed.
He pointed out the revived Bandar Malaysia, with an estimated total gross development value of RM140 billion, would herald a new era of economic momentum that benefited the masses.
"Engagement and collaboration with Chinese companies bring huge dividends to local players, as they would learn and rewind to align themselves with market forces and efficiency level.
"The government is cognisant of the fact that infrastructure investment can help spur growth, generate employment and provide structural stability to the economy. At the moment, the government looks totally committed in its strategic focus on development, infrastructure and growth, ” he told Bernama TV in an interview here on Tuesday.
Shan, who has more than 18 years of financial market experience in private banking, risk/compliance management, commodity investments, global economy, brand and business strategy, was asked to comment on the recent revival of the 196.7-hectare Bandar Malaysia project in Kuala Lumpur following a signing ceremony between Minister of Finance Inc’s unit TRX City Sdn Bhd and IWH-CREC Sdn Bhd, which is jointly owned by Malaysian and Chinese companies.
I suggest you sell mrcb & buy YTLPOWR. Properties glut is not getting any better. Bandar Malaysia only add more unsold units. Besides mrcb doesn't have any contracts related to the projects. Merely speculative play by big sharks to trap you.
Unreliable and poor quality. Had many issues with them. Trusting them as a business partner or even buying their properties is a big question mark? If of govt linked, already goreng long ago
High PE and low profit. A speculative stock that used by sharks to manipulate the market. Not a good construction counter nor a good property counter. Think why people here keep promoting this counter? They need to cash out too. EKOVEST and IWCITY was a good examples. I wonder how many got burned by chasing at high prices. But both stocks had higher profits and return than mrcb.
Bumiputra companies always get rescue funds from PNB and EPF. Just like PNB becomes the largest shareholder in SAPNRG. SAPNRG is doing so badly compared to others oil and gas stocks.
No news whatsoever about the bandar Malaysia involve mrcb. Earlier told those to sell & buy YTLPOWR. Price rose 10%. Mrcb high PE with no future direction from it management and all are speculation by promoters hired by syndicates to cheat your money. Unless there's concrete news than higher price also worth investing. Now it hardly any real news that warrant a buy. Trade on your own risks and do your own research.
Earlier speculation about getting a piece of Bandar Malaysia contract. Until now also not a single news. Merely a speculative play with barely any fundamental.
Mrcb 65 ecoworld 64. Mrcb latest quarter profit 2 millions. Ecoworld latest quarter result 80 millions. Mrcb trading at PE 65. Ecoworld trade at PE below 10. Mrcb profit dropped every quarter. Ecoworld quarter rise. Decide on your own which is better.
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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....
Tedinvestor
911 posts
Posted by Tedinvestor > 2019-12-19 17:36 | Report Abuse
HSR nowhere in sight. Everything still in discussion and the project not even sign yet. Whether mrcb able to secure the project is merely Speculation. Gem? Just a piece of brick