MMC showing typical collection pattern...1. Chart wise trading sideways with price movement at support level (RM1), 2.Heavily blocked on sell Q, 3. Bid q is blocked at 1 to 2 levels...I believe it will be moving to markup pattern (Bullish). Waiting patiently for uptrend.
苏伊士运河受阻后,MMC Corp认为PTP的货物存储需求较高 吉隆坡(4月8日):MMC Corp Bhd受惠于柔佛州Tanjung Pelepas港口对货物储存空间的需求增加,该港口由其子公司Pelabuhan Tanjung Pelepas Sdn Bhd经营,由于最近苏伊士运河的阻塞被一艘被困的集装箱船。
集团董事总经理拿督斯里·切·哈利卜·穆罕默德·诺(Datuk Seri Che Khalib Mohamad Noh)在今天的新闻发布会上说,该港口能够满足临时货物存储的要求。
MMC Corp sees higher demand for cargo storage at PTP after Suez Canal blockage
MMC Corp Bhd has benefitted from higher demand for cargo storage space at its Port of Tanjung Pelepas in Johor, which is operated by its unit Pelabuhan Tanjung Pelepas Sdn Bhd, due to the recent blockage at the Suez Canal caused by a trapped container ship.
Speaking at a media briefing today, group managing director Datuk Seri Che Khalib Mohamad Noh said the port was able to accommodate requests for temporary cargo storage.
Mr.Pinky i talk sell only and ask u believe mao,but my hand no touch sell one lot wow.... buy month invest 17/3/21 1.15 1.7 share and 5/4/21 1.05 1.5 share so no sell 1.24 is very sad one case -:( My heart break off.......what can i do for u now.......
MMC CORPORATION BERHAD CHOOSES RAMCO SYSTEMS TO DIGITALLY TRANSFORM FIVE PORTS IN MALAYSIA’S SINGLE LARGEST PORT TRANSFORMATION PROGRAMME
Kuala Lumpur - April 8, 2021
Kuala Lumpur, MALAYSIA – April 08, 2021 –– Leading Malaysian utility and infrastructure conglomerate MMC Corporation Berhad (MMC) announced that it has embarked on a major digital transformation of five ports, in partnership with global software solutions leader, Ramco Systems.
The digital transformation will consolidate and standardise processes of MMC’s ports, which include Pelabuhan Tanjung Pelepas Sdn Bhd (PTP), Johor Port Berhad, Northport (Malaysia) Bhd, Penang Port Sdn Bhd and Tanjung Bruas Port Sdn Bhd. The group-wide transformation was awarded based on the successful implementation of Ramco integrated Enterprise Resource Planning (ERP) system at one of Malaysia’s most advanced container terminal - PTP.
This technological transformation programme will propel Malaysia to the forefront of global best-in-class ports – which plays a crucial role in mitigating supply chain challenges, including recent disruptions due to COVID-19.
Building on an earlier implementation by Ramco Systems of an ERP system for PTP where about 90% of the system has achieved Go-Live in phases over the past 10 months, the enhanced rollout will digitalise processes, while providing real-time business information. MMC will also be able to consolidate various business support functions (namely Finance, Human Resource, Enterprise Asset Management, Supply Chain Management, and Logistics Management) across ports into a single integrated ERP system – all accessible on an integrated dashboard.
Over 8,000 MMC employees across the ports will be plugged into the platform on their computers / mobile devices which now eliminates duplication errors and other bottlenecks, allowing efficient business processes and enhanced data visibility.
The system will also include smart features such as Artificial Intelligence and Machine Learning (AI/ML), which will provide employees with greater insight as well as predictive alerts and chatbots which can reduce human error and save time. This will lay the foundation for MMC’s broader strategy to enhance business experience to our customers and suppliers.
“The COVID-19 pandemic has pushed several trends into the spotlight, such as e-commerce and strengthening the supply chain. More than ever, we see the importance of ensuring our ports remain efficient and capable of quick turnaround, and we had been looking for a partner which could provide a scalable solution for all our ports.
MMC Corp Bhd has benefited from higher demand for cargo storage space at its Port of Tanjung Pelepas in Johor, which is operated by its unit Pelabuhan Tanjung Pelepas Sdn Bhd, due to the recent blockage at the Suez Canal caused by a trapped container ship. Speaking at a media briefing today, group managing director Datuk Seri Che Khalib Mohamad Noh said the port was able to accommodate requests for temporary cargo storage.
mmc corp without a doubt extremely undervalued. registered a good quarter result despite the extremely high shipping rates for the 4q 2020. the higher shipping rates from then had pent up orders but now with the easier shipping rates this quarter there will be more execution of the pent up orders. Making the ports even busier.
but mmc corp does some very weird dealings, buying weird shares and projects that dont make any sense. Might be Ba*louts, not convincing a lot of shareholders' confidence.
I bought mmc when it was 1.00 and then 1.03. Sold all at 1.07 before the boom to 1.22. Still kicking myself in the shins thinking about it.
But my two cents, MMC is a good counter to buy, with a prospect that the next qr registering better results. Risk entire on your good selves. have a nice day.
Actually the 887 acres are only the lands that are up for sale.
But if you refer to the 2020 Annual report page 308, you would see that the total size of the Senai land for the development is actually 827 hectare or 2,043 acre. MMC is carrying this land at RM1.35bil in its book or at RM0.7mil per acres.
The price of the recent announce disposal land to Shengda New Energy and the other E&E companies were transacted at RM2.17 mil per acre. This would value the total land for development of Senai Airport City at 2,043 acres x RM2.17mil = RM 4.43 bil. This would translate to RM1.46 per share.
So yes. MMC is really undervalue. The land of Senai alone is well above the current market price.
MMC is carrying this land at RM1.35bil in its book or at RM0.7mil per acres.
The price of the recent announce disposal land to Shengda New Energy and the other E&E companies were transacted at RM2.17 mil per acre. This would value the total land for development of Senai Airport City at 2,043 acres x RM2.17mil = RM 4.43 bil. This would translate to RM1.46 per share.
Singapore, the world’s largest container transhipment port, is readying itself for a backlog of ships and cargoes from the closure of the Suez Canal in late March.
Marcus Hand | Apr 12, 2021
While ships bound from Asia to Europe stranded by the blockage of the Suez Canal from 23 – 29 March started to reach container ports in the Med last week, the longer distance to Asia means that vessels bound from Europe and US stuck on the North side of the canal are yet to reach Asian ports.
“More recently the Suez Canal blockage cast the spotlight on the critical role shipping plays in keeping the global supply chain in motion,” Maritime & Port Authority of Singapore chief executive Quah Ley Hoon told a media briefing on Monday morning.
A surge in traffic is expected at Singapore’s port as the ships held up at the canal arrive from Europe and the US.
“So, the Port of Singapore is readying ourselves as a catch-up port to handle anticipated shipping backlog, our terminal operators are preparing more berths, equipment and operators to increase the handling capacity,” Quah said.
In particular terminal operator PSA is working with shipping lines on the backlog and the schedules of their vessels.
“PSA have for example made available their digital platform Calista to try and allow ships to have a better sense of the services and berth availability in Singapore,” she explained.
At present the vessels that were stuck at the canal are still sailing to Singapore and how long it will take to clear the backlog will depend on schedules.
As mentioned previously, MMC-Gamuda has been the main contractor for MRT1 and MRT2. MRT3 will need a lot of tunneling works which bode well for MMC-Gamuda given that the company has a total of 12 boring machines that it had deployed in the MRT1 and MRT2 projects. They can easily redeploy the same machine for the MRT3.
Some analysts has already assume MRT3 project in Gamuda valuation report. Surprise that they did not do the same for MMC. This company is really receiving anak angkat treatment from analysts.
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....
bobochacha
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Posted by bobochacha > 2021-04-07 22:03 | Report Abuse
mmc corp need a high volume day with good price gain to solidify her uptrend is still intact. however she have been sleeping for 3 weeks.. faster la