Time Cycle Analysis: MRCB MRCB above 0.715 is bullish, below 0.715 is bearish. Key date to watch is 24 April 2024. The forecasted trajectory is heading south unless the price action can penetrate 0.715 comfortably.
Any solid data to prove that the total number of passengers travel in between KLSG per hour or per day? Unlike RTS, total number of passengers r having data to analyze as they r travelling daily.
I personally like the idea of RTS, which will be completed by end of 2026 (2more years to go). And, with RTS, next solid one will be LRT, within JB and covers Kulai also (Kulai property mkt is hot now and pricing r going up), these r part of IDR development. And, it is very realistic. Cost to build LRT systems? And total number of passengers travelled per day, per week, per month using LRT? And how many months and years to cover cost, maintenance cost per day per month per year... and so on.
IMHO, my personal opinion, RTS+LRT is the most important for Johor development in near term (next 5 yrs 10yrs 20yrs). HSR burden is jialat... Although it is a must and good to have... But volume (passengers) and fare amount r still unknown, how long to enjoy ROIs and % to gain? After how many years? Oh, with HSR, any impact on airlines business? local airlines fly btw KLSG how oh? 😵😵😵
KUALA LUMPUR (Jan 30): The land acquisition process for the Mass Rapid Transit 3 (MRT3) Circle Line project is expected to be completed in two years, according to Mass Rapid Transit Corp Sdn Bhd (MRT Corp) chief executive officer Datuk Mohd Zarif Hashim.
Speaking to the media after unveiling the TTDI-Deloitte MRT Station, Zarif said that MRT Corp is currently focusing on the land acquisition process, which involves over 1,000 lots of land, the majority of which are private lots.
As for the MRT3 tender process, Zarif said that it will depend on what the government decides.
MRCB share price pattern in last few weeks is the same as UEMS. It will go up 12 sen a week, then drop 3 sen and then rise again 10 sen the next week. Patience is the game.
Q4 result will be out by end Feb. Expecting RM30mil PAT for Q4 & extraordinary gains from completed sale of Celcom Tower appx RM95mil. Profit to date as of Q3 is RM21mil. So, total PAT for 2023 is appx RM146mil or 3.3sen per share. Dividend might be increased from 1sen to 2sen.
@cloudsjy, Contra means buying shares but never pay money to pick up, sell by T+2 days before a fixed time set by the broker. Usually if sell on T3, the extra one day has to pay interest loh.
Time Cycle Analysis: MRCB above 0.715 is bullish, below 0.715 is bearish. Key date to watch is 24 April 2024. The forecasted trajectory is heading south unless the price action can penetrate 0.715 comfortably.
IMHO. Be careful of falling knife? Mkt doesn't look good for near term.
Today 31Jan turned fact and there is no new news to spark the market. Any kangtao for CNY angpows or not? If not, got to tighenten our waist with belt liao. Any pushing up may be a trap to distribute to retail investors?
Investors should exercise caution and remain vigilant against the potential bear trap. From a technical standpoint, the Kuala Lumpur Composite Index (KLCI) has been entrenched in a structural bear market since 2014, primarily triggered by the collapse of the oil bubble. This occurrence is significant as the Malaysian economy and the Malaysian Ringgit (MYR) share a high correlation with oil prices.
Within the broader context of a structural bear market, it's essential to recognize that opportunities persist, albeit selectively. Certain stocks, particularly those linked to the development initiatives in Johor and Sarawak, demonstrate a seasonal bullish trend. These specific sectors may exhibit resilience and growth potential even amidst the broader market challenges associated with the prolonged bearish conditions.
Navigating the complexities of a structural bear market demands a nuanced understanding of the economic dynamics at play. While acknowledging the overarching challenges, astute investors may identify pockets of resilience and growth within specific sectors, such as those connected to the developmental activities in Johor and Sarawak. This strategic approach enables investors to position themselves prudently within the market, mitigating risks and capitalizing on potential opportunities.
Hi @investormy , i saw your posting. I think you made a good analysis on MRCB Q4. Only part I disagree is I think your projection of RM30mil profit for Q4 is too low. Normally, the company will record higher profit PAT at end of the year Q4. And profit for disposal of Celcom Tower is RM103mil (not RM95mil). Just my 2cents.
........................................... Investormy said: Q4 result will be out by end Feb. Expecting RM30mil PAT for Q4 & extraordinary gains from completed sale of Celcom Tower appx RM95mil. Profit to date as of Q3 is RM21mil. So, total PAT for 2023 is appx RM146mil or 3.3sen per share. Dividend might be increased from 1sen to 2sen.
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....
B03392
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Posted by B03392 > 2024-01-30 09:53 | Report Abuse
YTL and Power r stil undervalue stocks. They wil move up. Many worthy projects r going on. KLCI breach 1500 bcos of this companies.