MMC CORPORATION BHD

KLSE (MYR): MMCCORP (2194)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

Today's Change

Day's Change


Trading Volume



11 people like this.

9,260 comment(s). Last comment by emsvsi 1 month ago

Ghost1111

26 posts

Posted by Ghost1111 > 2021-03-30 18:12 | Report Abuse

@WBJS Good for you, i'm referring to index not counter ya =) Wish you all huatness

Willtolive

609 posts

Posted by Willtolive > 2021-03-30 18:21 | Report Abuse

cg14134...There wasn't any throwing below rm1. I would say the support level is rm1 and although this stock has not rise in price, the downside is limited.

cg14134

500 posts

Posted by cg14134 > 2021-03-30 19:25 | Report Abuse

Let's hope the RM1-support stays intact. Meanwhile, keep your heart strong!

jgb349000

492 posts

Posted by jgb349000 > 2021-03-31 09:56 | Report Abuse

Very good profit company but operator keep pressing down.

jgb349000

492 posts

Posted by jgb349000 > 2021-03-31 09:57 | Report Abuse

This giant shd be at least 3.0

Pinky

3,478 posts

Posted by Pinky > 2021-03-31 11:36 | Report Abuse

Patient la, now almost entire Bursa is in zzz mode

Not drop much is a bonus liao

Wait dividend announcement in April!

tiongkeat

405 posts

Posted by tiongkeat > 2021-03-31 11:38 | Report Abuse

required some patient

Posted by information > 2021-03-31 13:20 | Report Abuse

Repost of a very critical news that came up in Sept end of Q3 20' before the explosive PAT delivered in Q4 20'.

https://www.hellenicshippingnews.com/mmc-corps-biggest-port-ptp-gearing-up-for-better-times-aminvestment-bank/

Besides, it noted, the port recently took delivery of four ultra large container vessel (ULCV) ship-to-shore (STS) quay cranes, with the remaining four units expected to arrive in the third quarter ending Sept 30, 2020 (3QFY20F). This would bring the total to 66 STS cranes, of which 24 are Triple E-compliant (economy of scale, energy efficiency and environmentally improved).

“This will allow the port to serve ULCVs with a capacity of more than 23,000 TEUs. The investment in the ULCV STS quay cranes is among the initiatives taken to improve efficiency by boosting container handling capacity, capability and reliability.

“PTP has embarked on its IR 4.0 (Fourth Industrial Revolution) transformation with the key focus on an autonomous prime mover, terminal operating system, productivity application and terminal network. In collaboration with Dutch terminal truck specialist Terberg, PTP plans to use autonomous trucks in the port area in future. Also, sensors and big data will be introduced in maintenance of infrastructure that shall result in cost savings,” noted AmInvestment.

It added: “PTP will add another 100 acres (to the Tanjung Adang development) with an estimated investment of RM140 million in the existing free zone as the current free-zone land is already 95% taken up. It should attract multinational companies (especially those currently headquartered in Singapore) to put up their production facilities/warehouses there (which would also translate into gateway cargo for the port).”

The research house said it had its first look at the port’s berth measuring 5km and the yard with a storage capacity of 223, 890 TEUs during the visit.

“Dredging work was ongoing to deepen its draught to 18.5m (from 18m currently), which will allow ULCVs to call the port without any tide restrictions. At present, the port is able to support the world’s largest vessel with a capacity of up to 24,000 TEUs. However, this will only be achieved in limited available windows,” AmInvestment said.

Looking ahead, the research house said the outlook for the port sector in the region, including Malaysia, is resilient, underpinned by global trade and investments in the manufacturing sector that generate tremendous inbound (feedstock) and outbound (finished product) throughput for ports.

AmInvestment also said there had been significant relocation of manufacturing bases by multinational companies out of China due to rising labour and land costs, exacerbated by the US-China trade war.

“MMC Corp is well positioned to capitalise on these via its stable of five ports in Peninsular Malaysia, with a total container handling capacity of 21.3 million TEUs annually (50% higher than its peer Westports Holdings Bhd’s capacity of 14 million TEUs annually). We see value in MMC Corp with its port business valued at nine times forward P/E (price-earnings) on a stand-alone basis,” it said.

Posted by information > 2021-03-31 13:23 | Report Abuse

“This will allow the port to serve ULCVs with a capacity of more than 23,000 TEUs. The investment in the ULCV STS quay cranes is among the initiatives taken to improve efficiency by boosting container handling capacity, capability and reliability.

.....

the above is truly a game changer - see the revised rates end of 2019 for ULCV (length exceeds 400m)

https://www.ptp.com.my/PTP/media/File/2019-PTP-Full-Tariff.pdf

Posted by information > 2021-03-31 13:29 | Report Abuse

BCC is placed exactly between North Port & West Port....the land acquisition cant be a more brilliant decision.

Look at the traffice using the live tracker above - West Port would be craving for such a berthing space

Posted by information > 2021-03-31 13:39 | Report Abuse

Enjoy - the tremendous exponential growth on container ship size:

https://www.youtube.com/watch?v=UDmIMoAWZ9M

PTP handling 23,000 TEUs is indeed game changer.

Posted by information > 2021-03-31 19:19 | Report Abuse

Container ships facing longer wait times at S'pore port amid global surge in cargo demand

MAR 12, 2021

https://www.straitstimes.com/business/companies-markets/container-ships-facing-longer-wait-times-at-spore-port-amid-global-surge

Mr Peter Sand, the chief shipping analyst at industry lobby group Bimco, said that by far the largest volume growth was seen on the Far East to North America trade.

On this route, volumes rose by 3.6 million TEUs (20ft equivalent unit) in the second half of 2020 compared with the first, and by 2.1 million TEU compared with the second half of 2019.


While cargoes from Colombo and other ports reportedly diverted to Singapore have partially contributed to the congestion, Ms Ng told BT that Singapore's role as a key transshipment hub and a port where crew changes take place are other factors.

CTI Consultancy director Andy Lane told BT that the congestion in Singapore port is "far from being a critical situation".

Singapore also appears to be coping better than other ports, and has a greater ability to flex capacity to meet peak demands as needed, he said.

PSA did not say when it expects the congestion here will be resolved, said BT. But its unit is offering a host of value-added services including priority discharge, top stowage, express delivery and timely updates, in response to the situation.

...............

3.6 million TEUs from 2.1 million on this route + PSA port congestion, gives a lot of explaining for the high utilization reported by PTP

just see the 'marinetraffic' link provided above to see the number of ships waiting at the side

greedy44444

2,497 posts

Posted by greedy44444 > 2021-03-31 23:17 | Report Abuse

Hopefully tomorrow MMC close at 1.10

Latok K

98 posts

Posted by Latok K > 2021-04-01 00:34 | Report Abuse

BUY

abc333

1,537 posts

Posted by abc333 > 2021-04-01 11:06 | Report Abuse

coming

Posted by nagasaran93 > 2021-04-01 14:39 | Report Abuse

hahaha lapsap counter cannot move la, see mynews, today CU new opening, price shoot above RM1.

bobochacha

536 posts

Posted by bobochacha > 2021-04-01 18:21 | Report Abuse

yes dividend 3.5 c . if plus last year interim 1.5 c total have 5c div.

5% yield. bagus la macam ni. better keep in FD

Pinky

3,478 posts

Posted by Pinky > 2021-04-01 18:27 | Report Abuse

Good!

Last year 4.5 sen.

This year 5.0 sen.

More to come!

Posted by coffeesheep > 2021-04-01 19:26 | Report Abuse

pinky, do u think mmc will pay another 1.5c interim for the coming qr on may?

Posted by coffeesheep > 2021-04-01 19:36 | Report Abuse

coz i got bought some c23 recently, am thinking to hold until end of may after qr out, before ex date of 3.5c dividend, so hopefully next qr will be better

jgb349000

492 posts

Posted by jgb349000 > 2021-04-01 20:04 | Report Abuse

wow,tmrw onwards price shd go up.

bobochacha

536 posts

Posted by bobochacha > 2021-04-01 20:21 | Report Abuse

i think this is a good strategy to divide the dividen into 2 times. it will encourage long term shareholding of his company instead of i know dividen out every april, i only buy after april

greedy44444

2,497 posts

Posted by greedy44444 > 2021-04-01 20:27 | Report Abuse

1k+ capital (1.02) get dividend RM35... much better than FD !

Pinky

3,478 posts

Posted by Pinky > 2021-04-01 20:29 | Report Abuse

I ain't got crystal ball hahahaha

But I think MMC is going to change from 1 final dividend to at least pay twice dividend a year. Hopefully FY21 got total 5.5 sen!

Posted by coffeesheep > 2021-04-01 20:38 | Report Abuse

I see, thanks for ur opinion

traderA

13 posts

Posted by traderA > 2021-04-01 22:27 | Report Abuse

2 months to hold...only for a true mmcc supporter

Latok K

98 posts

Posted by Latok K > 2021-04-01 22:56 | Report Abuse

good news for share holder

traderA

13 posts

Posted by traderA > 2021-04-01 23:24 | Report Abuse

so lucky i manage to top up 10 lot today

tatwaiwong

277 posts

Posted by tatwaiwong > 2021-04-02 00:52 | Report Abuse

(马六甲1日讯)涉及1000亿令吉的马六甲滨水区经济走廊(Melaka Waterfront Zone,简称M-WEZ)的完整大蓝图将在本月8日正式在吉隆坡推介,该填海计划的5大主轴包含在现有的双岛城(Pulau Melaka)地段打造生态商区及旅游区。

马六甲滨水区经济走廊发展理事会首席执行员莫哈末尤索夫今早召开记者会时指出,这项占地2万5000英亩,全长33公里的填海计划,从双溪乌浪的丹绒柏鲁斯码头至旺梨区的海域,预计2035年完成。

“马六甲滨水区经济走廊涉及1000亿令吉,它坐落在马六甲海峡,一个历史悠久及繁忙的海峡,占有极大的优势。我们相信,一旦这项计划成功落实,每年可获取50亿令吉的收益。”



他表示,推介礼当天我们将邀请驻马的各国大使馆,包括中国、日本、德国等的代表出席,同时也将邀请多名投资者了解这项投资计划。

填海工程完成30%

他续称,该计划的5大主轴除了丹绒柏鲁斯码头、精明物流、数码卫星城、生态商区及旅游区及综合经贸区。

“马六甲以古迹闻名,古迹区发展受到一些条规的限制。我们将在数码卫星城兴建摩登建筑,相信这将成为甲州的新旅游产品。”

询及填海及发展工程的进度,他表示,目前填海工程进度已完成30%。

莫哈末尤索夫说,州政府的目标是透过这项计划,制造至少2万个工作机会予本地人。

“目前大家仍在从事传统的经济活动,有了这项计划,可鼓励更多人投入新经济活动。”

jgb349000

492 posts

Posted by jgb349000 > 2021-04-02 08:45 | Report Abuse

Tramslate la in english

Posted by Kingfisher > 2021-04-02 08:51 | Report Abuse

MMC has announced final div of 3.5 ct, together with int.div of 1.5 ct, total is 5 ct / yr !!
Based on current price of $1.02, div yield is 5% !!!
If share price is $1.00, div yield is 5%
If share price is $1.20, div yield is 4.17%
If share price is $1.50, div yield is 3.33%
If share price is $2.00, div yield is 2.50%
If share pricebis $2.50, div yield is 2.00%
Note, Bank F.D is only 2% / yr
So, MMC should trade at between $2 to $2.50 in near future !!! Good Luck !!!

SandCoffee

113 posts

Posted by SandCoffee > 2021-04-02 10:33 | Report Abuse

Mmc declared dividend at 3.5 cent yesterday on 01/04/21 & Ex Date on 02/06/21. There's 2 months gap there. Why?

Pinky

3,478 posts

Posted by Pinky > 2021-04-02 10:36 | Report Abuse

@SandCoffee no reason why

Dividend is not compulsory

They (Board of Directors) can decide to pay u nothing

They can decide to pay u anytime they like

Woolei

292 posts

Posted by Woolei > 2021-04-02 10:43 | Report Abuse

2 month gap so u got chance to collect low

JP01

456 posts

Posted by JP01 > 2021-04-02 22:27 | Report Abuse

Congrats those who bought at 1-1.05 hold it.

Posted by coffeesheep > 2021-04-02 23:07 | Report Abuse

Final dividend announced a bit earlier this time, izzit because they want to pave the way for another big announcement -- port listing within this month ?

tatwaiwong

277 posts

Posted by tatwaiwong > 2021-04-03 13:37 | Report Abuse

(吉隆坡3日讯)交通部长拿督斯里魏家祥博士今日宣布,内阁近期批准展开捷运第三路线(环状线/MRT circle line)发展。

魏家祥今日和财政部副部长拿督阿都拉欣巡视捷运布城路线在斯里白沙罗中环(Sri Damansara Sentral)第一阶段站,并乘捷运到甘榜峇都捷运站后,在记者会上发表谈话。

他说,前朝政府早前搁置发展捷运第三路线,如今捷运公司(MRT Corp)将有三个月时间去探讨如何重启这项目。

“因此我们预料今年下半年会展开捷运第三路线项目。”

bobochacha

536 posts

Posted by bobochacha > 2021-04-03 14:22 | Report Abuse

https://www.theedgemarkets.com/article/wee-cabinet-has-approved-mrt3-project-mrt-corp-given-three-months-complete-alignment-study

another mega project in the pipeline soon.

and mega ipo of ports.

ctos, harps already submitted their ipo as per last year news. when is mmc jek?

Posted by coffeesheep > 2021-04-03 15:07 | Report Abuse

wow, more and more good news coming...... hold tight

wehcant

1,259 posts

Posted by wehcant > 2021-04-03 17:53 | Report Abuse

Very good news indeed. I am back. Managed to buy back last Friday.

Posted by Ravindran Raja Rathanam > 2021-04-03 18:05 | Report Abuse

What will be the effect to this share if they manage to list their ports on IPO. Im planing to top up alot with my savings next week if the effect is significant

DLLKT

289 posts

Posted by DLLKT > 2021-04-03 19:13 | Report Abuse

The catalyst which will make MMC share price move upward significantly ;

1)recent dividend announcement which above expectation (5 cents compared wth 4.5 cents last year)

2)MRT 3 to be commenced by 2nd half of this year (Gamuda-MMC will be awarded due to solely expertise in under ground tunnel and also lead role in this MRT 3 from starting)

3)EXPLOSIVE and GREAT SET of 1st quarter result which ended 31/03/2021 (will be announced on May 2021)

4)MMC Port IPO (will materialise on 4th quarter of this year)

5)Election year (proxy to election theme)

DLLKT

289 posts

Posted by DLLKT > 2021-04-03 19:13 | Report Abuse

RM2!!!

DLLKT

289 posts

Posted by DLLKT > 2021-04-03 19:13 | Report Abuse

RM2!!!

DLLKT

289 posts

Posted by DLLKT > 2021-04-03 19:13 | Report Abuse

RM2!!!

DLLKT

289 posts

Posted by DLLKT > 2021-04-03 19:15 | Report Abuse

KING OF THE STOCK for this 2021 year

Hglee92

108 posts

Posted by Hglee92 > 2021-04-03 19:42 | Report Abuse

Cabinet has given the green light to go ahead with the MRT Circle line or MRT3, which was suspended by the Pakatan Harapan government.

Transport Minister Datuk Seri Wee Ka Siong said that on Saturday (April 3), adding that MRT Corp hoped to kick start the project in the second half of the year. As for the beneficiaries, Gamuda Bhd and MMC Corp Bhd stand out as the obvious potential beneficiary for MRT 3 given their prior experience with MRT 1 and MRT 2 lines

Post a Comment
Market Buzz