"However, the risks factors cited by AllianceDBS include corporate governance and related-party transactions. The Senai Airport Terminal Services Sdn Bhd purchase in 2008 saw its share price being punished severely."
I guess this was why MMC was not liked by investors, hence trading so cheaply for so long time.
pingdan I do some research for historical PE ratio..
Prior to FY2019, MMC trading at PE ratio around 15 to 40. I just use the lowest PE ratio which is 15. Using the FY2020 EPS, the reasonable price should be RM1.85 (EPS12.32x15).. Plus there is potentail profit improvement for the next 3 quarters. Hence it is not so reasonable to sell it now... 12/03/2021 10:06 AM
KUALA LUMPUR - Malaysia has quietly awarded the highly sought-after 5G telecommunications spectrum to several players, including the little-known Altel, a firm controlled by the reclusive but politically connected tycoon Syed Mokhtar al-Bukhary, seemingly without an open tender previously promised.
The May 15 decision, signed off by Communications and Multimedia Minister Saifuddin Abdullah, went unannounced to the public and appears to be the first major reversal of infrastructure policy by the three-month-old Perikatan Nasional (PN) government.
vanbasten9 Next week deep correction 14/03/2021 2:59 PM
If next week trading , MMC price can dip below RM1.20 on 19/03/2022 (last day trading of the week), I will quit and exit from this forum and won’t make any comments anymore on MMC!!!
i just visited to PTP Port, Johor yesterday, and sametime my investment team members visited at North Port at Klang, the busy of port is CRAZY and PACK !!!
I'm very confident that MMC 1st quarter result (ended 31/03/2021) will be EXPLOSIVE and GOOD NUMBER which will be announced on May 2021
stay confident, patience and go for the maximum profit!!!
this is really a good company fundamentally, almost 4.5b in revenue, and maintain profit-making during tough time,, now economic recovery taking place plus ECRL realignment,, i think can rest assured, last time sold too early below rm1, regret the decision for not having faith
Most of the ports worldwide are congested as the people are buying more stuff during the pandemic. We are buying more computers, gadgets and furnitures for work from home and various other goods for stay at home. We all know that there tremendous shortage of containers as more and more goods are being shipped out from producers to consumers. MMC are definitely profiting from this increase of port usage. Any how MMC at current prices are still trading below its intrinsic value especially for a company that own and operated many strategic assets.
AIRASIA ,jual NASI LEMAK TEPI JALAN ,sudah break 1.25 ,MMC GIANT COMPANY ,STRONG INCOME ,dia punya harga untuk masa terdekat 2.50 sure ,up & down biasa ,some profit taking ,dont worry ,petang sure up ,healthy counter macam tulah ,just relax
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....
vanbasten9
1,143 posts
Posted by vanbasten9 > 2021-03-12 13:37 | Report Abuse
Deep drop n deep sleep zzzz coma cumming...