Posted by Investormy > 2024-03-26 09:31 | Report Abuse

MRCB shortlisted for another flood mitigation project in Selangor after awarded RM350mil in previous flood project.

Posted by Investormy > 2024-03-26 09:33 | Report Abuse

https://www.nst.com.my/amp/business/corporate/2024/03/1030577/mrcb-kimlun-corp-among-companies-set-benefit-expedited-flood

Posted by NRahmat > 2024-03-26 10:46 | Report Abuse

Malaysian Resources Corporation is positioned for a robust rebound after breaking above the immediate resistance at MYR0.61. This was followed by consolidation at the same level yesterday, with the stock maintaining its position above the 21- day SMA line. If it continues to surpass the immediate resistance, there is a likelihood of the stock trending higher towards the MYR0.64 resistance, and potentially the MYR0.705 resistance. However, a fall below MYR0.57 would invalidate the bullish bias.

Source: RHB Securities Research - 21 Mar 2024

Posted by NRahmat > 2024-03-26 11:17 | Report Abuse

0.650!

Posted by NRahmat > 2024-03-26 11:28 | Report Abuse

0.655!

Posted by Kim > 2024-03-26 11:38 | Report Abuse

On the way breaking 0.67 line

"BUY"

Posted by Kim > 2024-03-26 11:42 | Report Abuse

TP 0.69 & 0.71 sen

Warrant = MRCB-C99

Posted by Zikir95 > 2024-03-26 11:45 | Report Abuse

Bagus, byk berita baik tentang MRCB

Posted by Investormy > 2024-03-26 12:07 | Report Abuse

Based on the volume, MRCB should be testing 70sen anytime

Posted by Investormy > 2024-03-26 12:08 | Report Abuse

Already cross the big resistance at 65.5 sen

Posted by Kim > 2024-03-26 12:11 | Report Abuse

66 to tear down

Posted by Goldberg > 2024-03-26 12:14 | Report Abuse

'MRCB, Kimlun Corp among companies set to benefit from expedited flood mitigation projects

By S. BIRRUNTHA - March 26, 2024 @ 9:29am

KUALA LUMPUR: Malaysian Resources Corp Bhd (MRCB) and Kimlun Corp are among companies expected to benefit from expedited flood mitigation projects within the construction sector, RHB research said.

The research firm said the federal government has allocated about RM11.8 billion under Budget 2024 for flood mitigation projects spread across 33 high priority projects.

Posted by Investormy > 2024-03-26 13:36 | Report Abuse

https://theedgemalaysia.com/node/705947

Posted by Investormy > 2024-03-26 13:37 | Report Abuse

In the meantime, CIMB Securities advises investors to focus on contractors with a good track record in Sabah and possess a strong balance sheet such as Gamuda Bhd, IJM Corp Bhd and Malaysian Resources Corp Bhd (MRCB).

Posted by theyoungman > 2024-03-26 14:31 | Report Abuse

Kim is back. ❤️😘

Posted by Kim > 2024-03-26 14:32 | Report Abuse

Wait and see..

Sure fly =)

Posted by Kim > 2024-03-26 14:44 | Report Abuse

I am sure then we
kaboommmm today

Posted by Kim > 2024-03-26 14:45 | Report Abuse

Dont forget mrcb-C99 warrant those liked warrant

Posted by NRahmat > 2024-03-26 14:46 | Report Abuse

0.665!

Posted by yoonlee > 2024-03-26 15:00 | Report Abuse

RAYA Green

Posted by cedcan > 2024-03-26 15:14 | Report Abuse

wb not moving ...

Posted by Kim > 2024-03-26 15:18 | Report Abuse

0.67 tearing down shortly

Posted by Kim > 2024-03-26 15:18 | Report Abuse

3,30 PM onward

Game Show =)

Posted by Kim > 2024-03-26 15:22 | Report Abuse

Get ready =)

Posted by Kim > 2024-03-26 15:27 | Report Abuse

3.30 PM yeah. =) =) =)

Posted by Investormy > 2024-03-26 15:30 | Report Abuse

Will be testing 70sen again this week

Posted by Kim > 2024-03-26 15:32 | Report Abuse

69 - 70c hit today =)

Posted by Kim > 2024-03-26 15:33 | Report Abuse

Believe it harr. 69 & 70c

"BUY"

Posted by Kim > 2024-03-26 15:37 | Report Abuse

Going to tear 675 shortly

Posted by NRahmat > 2024-03-26 16:09 | Report Abuse

To the moon!

Posted by Kim > 2024-03-26 16:17 | Report Abuse

Ok ready to go clean 675

Posted by NRahmat > 2024-03-26 17:08 | Report Abuse

Tomorrow continue the show

https://klse.i3investor.com/web/blog/detail/rhbinvest/2024-03-26-story-h-185530132-Construction_Flood_Mitigation_Projects_on_the_Horizon

Posted by NRahmat > 2024-03-26 17:08 | Report Abuse

Investable ideas in the flood mitigation space include Malaysian Resources Corp which has been shortlisted for a flood mitigation job in Selangor. This is not a surprise as MRCB is currently involved in the MYR380m Muara Sungai Pahang Phase 3 flood mitigation project. Aside from this, Kimlun Corp (KICB MK, NR) has expressed its intention to bid for flood mitigation projects which will most likely be in Johor given the group’s prominence in the state, in our view. We also do not discount the possibility of Rohas Tecnic (RTEC MK, NR) potentially clinching flood mitigation projects in the near future. This is premised on its involvement in the MYR85m job constructing pumping stations at two existing retention ponds and laying water pipelines to convey the water to the Semenyih Water Treatment Plant (WTP) intake.

Posted by B03392 > 2024-03-26 22:15 | Report Abuse

Brace for more good news for MRCB. Hold until healthy earnings for all👍

Posted by Investormy > 2024-03-27 07:51 | Report Abuse

There will be RM100mil extraordinary profit to be recorded this Q1 for the sale of Plaza Alam Sentral and PJ Sentral acquisition.

Posted by NRahmat > 2024-03-27 09:40 | Report Abuse

Engine start. 0.70 today?

Posted by NRahmat > 2024-03-27 14:12 | Report Abuse

https://www.thestar.com.my/business/business-news/2024/03/27/property-stocks-rally-on-declining-unsold-units-new-launches?fbclid=IwAR2OXOtWdsrgEqgpR_yN2DRSGz4F4UxXkbyk4ydV10dgQqx1aBuRuxrfd50

Posted by Leverage > 2024-03-27 14:32 | Report Abuse

Folk, MRCB need a confirmed breakout above the 69sen to extend rally towards the 74sen, with next resistance at the 79sen, and key uptrend supports at the rising 50-day ma (59sen) and 100-day ma (52sen).

Posted by Tanleechoo > 2024-03-27 14:34 | Report Abuse

Tqsm for sharing..

Posted by Leverage > 2024-03-27 14:54 | Report Abuse

https://klse.i3investor.com/web/staticfile/view/535041

Posted by Kim > 2024-03-27 15:15 | Report Abuse

Buy more.

Going to move now

Posted by Apple2353 > 2024-03-27 15:35 | Report Abuse

where got move.. consider lucky if today close flat

Posted by 凯翔 赖 > 2024-03-27 15:38 | Report Abuse

有什么好消息都是假的，通常这个臭股只会维持一天涨势吧了，今天收市应该跌半仙吧

Posted by Zikir95 > 2024-03-27 16:19 | Report Abuse

Sabar, Apple2353. Kita boleh lihat MRCB sentuh 70 sen sebelum Raya

Posted by Leverage > 2024-03-27 16:53 | Report Abuse

Folk, waiting helps you as an investor & a lot of people just can't stand to wait.

1. Shortlisted for HSR Rm70B project:
YTL-SIPP Rail
MRCB-BRail-IJM-KTM
China Railway

2. Pan Borneo Phase 1B (Sabah) Rm15.7B Contenders:
IJM
WCT
MRCB
GBGAQRS
Gadang
Binapuri
TRC

3. Flood Mitigation Rm11.8B Contenders:
Gamuda
Kerjaya Prospek
Suncon
TRC
MRCB
Varia
Kimlun
Rohas
Naim

Other prospects
a. May come from MRT3 - a chance to secure the elevated section.
b. May also benefit the reinstatement of five LRT3 stations.

Posted by Investormy > 2024-03-27 18:39 | Report Abuse

There was a huge purchase of more than 15k lots at 66sen before closing.

Posted by theyoungman > 2024-03-27 22:53 | Report Abuse

Mr Kai's tone is quite similar to our darling John haha

Posted by nhacaiuytinpizza > 2024-03-28 11:05 | Report Abuse

hi, im new to this

Posted by Investormy > 2024-03-28 13:16 | Report Abuse

https://www.thestar.com.my/business/business-news/2024/02/19/value-unlocking-initiatives-stand-mrcb-ingood-stead

Posted by 5354_ > 2024-03-28 17:37 | Report Abuse

Leverage "Shortlisted for HSR" meaning still not confirmed? Why take so long(already 2.5 months from 15th Jan deadline HSR proposal submission)? How long more must wait?