Posted by shiby > 2024-05-20 16:01 | Report Abuse

hopefully 80 cent soon

Posted by TiffanixLVxHermes > 2024-05-20 16:22 | Report Abuse

sold
😎

Posted by AmySee > 2024-05-21 12:19 | Report Abuse

Dividend received. Tap in when it is at the price less than 0.70 😊

Posted by Zikir95 > 2024-05-21 20:13 | Report Abuse

i pegang sampai ia memecah RM1

Posted by 凯翔 赖 > 2024-05-21 21:07 | Report Abuse

Me too. RM0.995 I pun x nk jual

Posted by tpee1999 > 2024-05-21 23:25 | Report Abuse

me sell when 0.73. no wait wait one. receive dividend less than 2K . no happy.

Posted by theyoungman > 2024-05-23 22:03 | Report Abuse

@prudentinvestor
MRCB pays too little dividend. Even if you have 100k shares, you get only RM1,000.

Pru, ya, 3174 better than this.

Posted by Investormy > 2024-05-24 12:06 | Report Abuse

Good to hear from MRCB AGM that they are also planning to enter into Data Center and have tender for it. About time MRCB venture and diversify into new business.

Posted by Zikir95 > 2024-05-24 15:59 | Report Abuse

@Investormy. U ada hadir AGMnya pagi ni? Ada berita baik tak selain menceburi ke bidang pusat data? 🙂

Posted by tpee1999 > 2024-05-24 16:59 | Report Abuse

A good venture in data center. just bought a few units .

Posted by 凯翔 赖 > 2024-05-24 17:49 | Report Abuse

https://www.orientaldaily.com.my/news/business/2024/05/24/654145

Posted by Zikir95 > 2024-05-28 10:43 | Report Abuse

Pasti ada gangguan sikit.. Kos naik

https://www.nst.com.my/business/corporate/2024/05/1056266/mrcb-says-status-quo-ops-diesel-subsidy-removal

Posted by AmySee > 2024-05-28 11:44 | Report Abuse

Most construction counters are pulling back tdy ..

Posted by tpee1999 > 2024-05-28 16:48 | Report Abuse

my s.daddy gave me money to buy a few units only.

Posted by Zikir95 > 2024-05-30 11:15 | Report Abuse

berapa unit you beli, tpee1999 😀

Posted by tpee1999 > 2024-05-30 11:26 | Report Abuse

zkir95 , a few units only ...

Posted by 凯翔 赖 > 2024-05-30 17:36 | Report Abuse

QR出炉了，才赚3百万，明天应该会跌死了。

Posted by prudentinvestor > 2024-05-30 17:39 | Report Abuse

Horrific performance. MRCB's meteoric rise over the last few months isn't due to expected better results but pure speculation.

Posted by Tanleechoo > 2024-05-30 17:39 | Report Abuse

Disappointing qtr.. only hope is new project coming in..but look at its past performance…then we know how good they are

Posted by hhhiii123 > 2024-05-30 17:56 | Report Abuse

If result bad, why last minute up lol.hope tmr still up else die

Posted by Investormy > 2024-05-30 18:23 | Report Abuse

Look at page 7 at the Qtr Report. MRCB settled with government over the Bukit Jalil land issue in April, 2024. Land was injected in SPV with EPF at the appx value of RM1.4bil. But settlement is just RM1.3bil for release of the land.

Posted by Investormy > 2024-05-30 18:25 | Report Abuse

The land was suppose to be given after completion of 2 projects. But now given for just project 1 + extra RM140mil. Note that the land is valued before 2017. Land value now?

Posted by 凯翔 赖 > 2024-05-30 18:27 | Report Abuse

预测明天一开市就会跌1.5¢，然后一整天保持跌势。

Posted by Investormy > 2024-05-30 18:27 | Report Abuse

MRCB audited report shows the land value is at RM380mil …..probably for 20% stake held by Rakan Juang in the SPV. 80% already sold to EPF at RM1.07bil

Posted by Investormy > 2024-05-30 18:30 | Report Abuse

No idea whether price up or down tomorrow or next week. But I think there are people who will collect this counter before Budget 2025 announcement in October.

Posted by Ron90 > 2024-05-30 19:10 | Report Abuse

3 billion ringgit company but profit only peanuts $3 million.? .it's only 0.1%!.. when economy should hv been much better nowadays. they should get new CEO la. Revenue pun drop so much.

Posted by theyoungman > 2024-05-30 21:50 | Report Abuse

Good game for 1651. 花无百日红。
Investment, it takes time to realize and getting handsome profits.
0.35 to 0.70 = 100% upside since last year. It is good already.
Be patience.

Posted by theyoungman > 2024-05-30 21:51 | Report Abuse

@Ron90

3 billion ringgit company but profit only peanuts $3 million.? .it's only 0.1%!.. when economy should hv been much better nowadays. they should get new CEO la. Revenue pun drop so much.

Ya. If you compare like this, it is indeed not too good... It is worse than a company for e.g, supplying Mixed Rice products' retail company... hihihi

Posted by Tanleechoo > 2024-05-30 22:47 | Report Abuse

At least IJM record good pft..but why mrcb so terrible for the return on investment..epf is major shareholders.?.

Posted by cywmedia > 2024-05-31 09:39 | Report Abuse

I cannot tahan already. I have to say this.
Anyone who buys mrcb for past results is dumb. Anyone who expected high profits for past quarter is dumb.
You buy mrcb for growth catalysts. Mrcb has so many catalysts coming up. Look at the Prospects section of the quarterly report . No need to look at anything else. Stock valuation is forward looking. Mrcb is a growth Stock.

This is perfect time to flush out all weak holders.

Posted by cywmedia > 2024-05-31 09:47 | Report Abuse

Direct negotiations alone got:
1. 5 LRT stations - previous budget mentioned 4.7bil cost . I find this on high side but even if you take 1-2 bil. That's great potential
2. Shah alam stadium - 1bil
3. KL Sentral redevelopment - 1bil

Other potential projects in pipeline:
1. MRT3 project
2. Flood mitigation
3. HSR project
4. Penang LRT
5. I'm sure got more I don't know about

So, yes this is a growth stock. To buy for past performance is just dumb. Period.

Posted by cywmedia > 2024-05-31 09:54 | Report Abuse

Remember that you need a growth story & catalysts for a stock to move higher. Otherwise a stock won't go anywhere. Mrcb has so many growth stories & catalysts to push much much higher from here. Just be patient.

Like Warren Buffett said , the stock market is a machine to transfer wealth from the impatient to the patient. Or something like that. So, be patient. Once projects are announced it will be impossible to chase.

Posted by cywmedia > 2024-05-31 09:57 | Report Abuse

& mrcb also has Rm 1bil in cash reserves. That works out to be 25sen per share.....

Posted by Tanleechoo > 2024-05-31 09:59 | Report Abuse

Agreed.. in the past they also have many big projects … the execution part is the challenge.. given the opportunity, whether they can execute effectively or not is another question

Posted by Investormy > 2024-05-31 10:02 | Report Abuse

There is 2 big upcoming development projects, Bukit Jalil Sentral and Kwasa Damansara.
Note that in Q1 report, MRCB announced that they already got the land for Bukit Jalil Sentral from the government and released from the Land Bond in April, 2024. This was the main issue which is causing delay of the project. So, things will be moving for this project now.

Posted by Investormy > 2024-05-31 10:06 | Report Abuse

Q1 result shows lower revenue and profit because of Covid and MRCB took the prudent steps not to simply launch or undertake new project that time. Realistically, Q2 and Q3 will also be the same because all these new projects can only be billed later. The results will only flow smoothly next year.

Posted by Investormy > 2024-05-31 10:07 | Report Abuse

By that time, price of MRCB will be above RM1. Patience is the game.

Posted by cywmedia > 2024-05-31 10:08 | Report Abuse

If you look at the LRT3 project, it is clear they were screwed by the previous government when the cancellation of stations & budget cuts caused their profit margin on the project to fall to ridiculous levels. At a glance, I think the overall margin for LRT 3 project fell to around 3%. That's lower than risk free interest rate. But they had to do as national service I guess. I think the reinstatement of 5 stations will compensate mrcb for being screwed previously. Just my 2sen

Posted by cywmedia > 2024-05-31 10:13 | Report Abuse

There are so many tailwinds for mrcb - as long as the catalysts are there, there is a good probability of the stock going way above Rm1 on newsflow. That's how the stockmarket works. Just my 2sen...

Posted by tpee1999 > 2024-05-31 10:29 | Report Abuse

bought a few units only

Posted by Investormy > 2024-05-31 11:39 | Report Abuse

Target price remain at 80sen by RHB /OSK https://klse.i3investor.com/web/pricetarget/research/71633

Posted by Investormy > 2024-06-02 16:16 | Report Abuse

Data centre prospects? MRCB said it is in active discussions with several companies on the development of a data centre.
Management has said it is considering a build and lease model.
https://www.businesstoday.com.my/2024/06/02/slower-1h-for-mrcb-dc-prospects-could-ramp-up-2024/

Posted by drkhairul84 > 2024-06-02 18:14 | Report Abuse

Any possibility of MRCB involvement in Google data centre project??

Posted by theyoungman > 2024-06-02 21:57 | Report Abuse

Long term still looks good.

Posted by B03392 > 2024-06-03 08:28 | Report Abuse

Yes. Its good news for MRCB. Seems all companies are going for data center projects. Rail projects are stil rolling for MRCB xpecially Penang LRT..MRT3 and HSR👍

Posted by Zikir95 > 2024-06-04 16:39 | Report Abuse

Kumpul lagi semasa ia sentuh 60 sen 🙂

Posted by prudentinvestor > 2024-06-04 20:53 | Report Abuse

Lebih baik kalau boleh jatuh sampai 55 sen.

Posted by Zikir95 > 2024-06-06 15:07 | Report Abuse

Sekarang nak kumpul pd 60 sen pun susah. dah terbang ...

Posted by prudentinvestor > 2024-06-06 15:18 | Report Abuse

Strong support, not likely to drop to 60 sen, let alone 55 sen.

Posted by hhhiii123 > 2024-06-06 18:13 | Report Abuse

Lrt penang roll out soon?