MMC CORPORATION BHD

KLSE (MYR): MMCCORP (2194)

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11 people like this.

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

Superb99

6,603 posts

Posted by Superb99 > 2021-05-28 12:58 | Report Abuse

The price is just not in line with the fact la, no point to talk about the % of export, operator won't k

Hglee92

108 posts

Posted by Hglee92 > 2021-05-28 13:18 | Report Abuse

MMC Corp Bhd will likely be able to sustain its growth momentum through 2021 after seeing a strong first-quarter performance, thanks to its robust ports and logistics division.

The conglomerate, which is actively bidding for new projects, will also likely see its order book expand, thus improving medium to long-term earnings visibility

https://www.thestar.com.my/business/business-news/2021/05/27/mmc-likely-to-see-order-book-expansion

emsvsi

3,519 posts

Posted by emsvsi > 2021-05-28 15:03 | Report Abuse

BREAKING: Malaysia’s trade grew 43.2pc in April 2021
Friday, 28 May 2021 02:16 PM MYT

KUALA LUMPUR, May 28 — Malaysia’s trade performance remained strong in April 2021, growing by 43.2 per cent year-on-year (y-o-y) to RM190.76 billion — a new record high in terms of trade, exports and imports monthly value.

In a statement today, the Ministry of International Trade and Industry (Miti) said exports remained above RM100 billion for two consecutive months, surging by 63 per cent to RM105.62 billion during the month.

“This was the fastest growth since February 1998, marking the eighth consecutive month of y-o-y expansion since September 2020.

“Imports increased by 24.4 per cent to RM85.14 billion and trade surplus surged by 663.5 per cent to RM20.48 billion,” it said.

Miti said the expansion in exports was sustained by higher global demand, primarily for electrical and electronic (E&E) products (mainly semiconductors, in tandem with increasing digitalisation and 5G technology development), rubber products as well as petroleum products.

It said exports to all major markets — Asean, China, the United States (US), the European Union (EU) and Japan — registered positive growth.

On a month-on-month (m-o-m) basis, the ministry said trade, exports and imports grew by 2.7 per cent, 0.6 per cent and 5.4 per cent, respectively, while trade surplus decreased by 15.4 per cent.

Miti said in the first four months of 2021, trade grew by 21.4 per cent y-o-y to RM696.46 billion.

Exports increased by 27.8 per cent to RM387.81 billion and imports rose by 14.3 per cent to RM308.65 billion, while trade surplus surged by 137.5 per cent to RM79.16 billion.

In April 2021, Miti said all the products recorded positive growth, except liquefied natural gas (LNG) and transport equipment.

“Exports of manufactured goods, which accounted for 86.3 per cent of total exports, surged by 64.5 per cent y-o-y to RM91.1 billion — the fastest growth recorded in 22 years,” it said.

It noted that robust growth was recorded for all manufactured products, excluding transport equipment.

“The expansion was mainly due to strong demand for E&E products, rubber products, petroleum products, manufactures of metal as well as machinery, equipment and parts.

“Rubber products and petroleum products recorded the highest export value thus far,” it said.

Meanwhile, exports of agriculture goods (7.4 per cent share) surged by 66.9 per cent y-o-y to RM7.85 billion, mainly driven by higher exports of palm oil and palm oil-based agriculture products.

Miti said exports of mining goods (5.4 per cent share) rebounded by 24.5 per cent y-o-y to RM5.67 billion after registering negative growth since July 2019 — mainly attributed to higher exports of crude petroleum, petroleum condensates and other petroleum oil, as well as metalliferous ores and metal scrap.

Trade with Asean grew by 64.7 per cent y-o-y to RM49.85 billion in April 2021, contributing 26.1 per cent to Malaysia’s total trade.

“Exports to Asean expanded by 58.6 per cent to RM30.52 billion, maintaining a double-digit growth since February 2021.

The expansion was contributed by higher exports of E&E products, petroleum products as well as machinery, equipment and parts.

“Imports from Asean increased by 75.4 per cent to RM19.33 billion,” it added. — Bernama

Link: https://www.malaymail.com/news/money/2021/05/28/malaysias-trade-grew-43.2pc-in-april-2021/1977692


Note: “Exports of manufactured goods, which accounted for 86.3 per cent of total exports, surged by 64.5 per cent y-o-y to RM91.1 billion — the fastest growth recorded in 22 years,” it said. Manufactured goods = Container volumes

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2021-05-28 15:51 | Report Abuse

today seems gg towards closing because covid cases seems breaking highest again!!

Superb99

6,603 posts

Posted by Superb99 > 2021-05-28 15:56 | Report Abuse

8k plus today...sigh...but still got 400 over counters are going up but MMC is in red now

Pinky

3,478 posts

Posted by Pinky > 2021-05-28 16:11 | Report Abuse

dun worry

your lovely finance minister itu apanama zafrul will probably wait til 10k cases baru agree lockdown

Superb99

6,603 posts

Posted by Superb99 > 2021-05-28 16:13 | Report Abuse

lol...if lockdown then it will drop below 1.1 again

Posted by coffeesheep > 2021-05-28 16:23 | Report Abuse

to hit 10k actually very easy, just ask other negeri like kelantan and johor conduct free mass testing, sure can break it

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2021-05-28 16:24 | Report Abuse

ya wait another round below 1.00 possible?

Superb99

6,603 posts

Posted by Superb99 > 2021-05-28 17:04 | Report Abuse

anything is possible, very depends on overall market...thanks for someone that bought 1 lot of C23 to make it closed at 0.085...lol but just for fun only, not sustainable

Superb99

6,603 posts

Posted by Superb99 > 2021-05-28 20:30 | Report Abuse

Full lock down from 1 jun onwards

ket4212

620 posts

Posted by ket4212 > 2021-05-28 20:56 | Report Abuse

recover stock down kaw kaw

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2021-05-28 21:15 | Report Abuse

Waiting for 0.90 next week! :)

keown83

627 posts

Posted by keown83 > 2021-05-28 21:21 | Report Abuse

get ready for a deep gap down guys

edw1n94

6 posts

Posted by edw1n94 > 2021-05-28 21:38 | Report Abuse

Chances has come for collect

Ogopogo

49 posts

Posted by Ogopogo > 2021-05-28 21:41 | Report Abuse

u guys smoking crack? So many types of mco and this company remained profitable.
At least we have vaccines to fight back this time

emsvsi

3,519 posts

Posted by emsvsi > 2021-05-28 22:04 | Report Abuse

Ports (as are all logistics) are essential services

How else do you think the politicians are going to get their A5 Kobe and truffles and caviar and abalone ha ha ha

Posted by shortinvestor77 > 2021-05-28 22:09 | Report Abuse

Construction is not essential

Posted by shortinvestor77 > 2021-05-28 22:12 | Report Abuse

Aviation is not essential also

Posted by information > 2021-05-28 22:20 | Report Abuse

Port is essential services and they are 94% Transhipments at North Port & PTP, money shall flow from full MCO affected stocks to MMC CORP

tatwaiwong

277 posts

Posted by tatwaiwong > 2021-05-28 22:22 | Report Abuse

i see facebook some many news,also feel same emco,have so big different...
essential this more funny,all also have sikit connection de,u think long long time ago,u all can tell me have what lan jiao job sikit pun tak ada us essential connect...
No use fmco,give people scare only....

Posted by coffeesheep > 2021-05-28 23:20 | Report Abuse

final dividend ex day on 2nd june, if I bought some lots on 1st june, did I still eligible for the dividend?

Posted by information > 2021-05-28 23:29 | Report Abuse

yes, any purchase before 2nd June, entitles dividend


Financial Year 31-Dec-2020
Subject Final Dividend
Type Dividend - Normal or Special
Description Final dividend of 3.5 sen per ordinary share
Amount RM 0.0350
Ex Date 02-Jun-2021
Entitlement Date 03-Jun-2021
Payment Date 25-Jun-2021

Posted by coffeesheep > 2021-05-28 23:32 | Report Abuse

@information ok got it, thanks for answering me

bobochacha

536 posts

Posted by bobochacha > 2021-05-29 01:09 | Report Abuse

bad timing for c24, in case some one is holding it. monday tuesday drop kaw kaw, wednesday ex date dividen, c24 will be 20c by then.

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2021-05-29 05:58 | Report Abuse

yaya c24 really poor perform with unfair and undervalued queue price! The issuer always tricky when the downtrend is intact!!

:-)

7,640 posts

Posted by :-) > 2021-05-29 06:25 | Report Abuse

Can buy or not Sifu?

Posted by flippiwippi > 2021-05-29 08:17 | Report Abuse

Buy the dip..

Johnzhang

3,098 posts

Posted by Johnzhang > 2021-05-29 13:49 | Report Abuse

Yes, buy the dip is the way to go

probability

14,496 posts

Posted by probability > 2021-05-29 20:51 | Report Abuse

More TEUs handling capacity on the way through expansion...

https://www.seatrade-maritime.com/ports-logistics/zpmc-wins-port-equipment-contract-ptp-malaysia

probability

14,496 posts

Posted by probability > 2021-05-29 21:11 | Report Abuse

PTP currently has 14 container berths with an annual handling capacity of over 10.5m teu. The terminal is equipped with 58 super post panama cranes, 45 of which are provided by ZPMC.

7 additional cranes from ZPMC will increase Total annual TEU throughput by 12%

tatwaiwong

277 posts

Posted by tatwaiwong > 2021-05-29 23:20 | Report Abuse

大马机场招标10亿工程 传4马企拟组财团竞标
(吉隆坡29日讯)消息人士透露,共有4个财团有意竞标大马机场(AIRPORT,5014,主板交通和物流股)价值10亿令吉行李处理系统合约。

《The Edge周刊》引述消息人士报道,至少有4家大马上市公司和6家跨国企业,联合参与竞标这项合约。

4家大马上市公司,分别是马矿业(MMCCORP,2194,主板交通与物流股)、星辰建筑(FAJAR,7047,主板建筑股)、高峰控股(BPURI,5932,主板建筑股)和T7全球(T7GLOBAL,7228,主板能源股)。

消息人士说:“这4家本地上市公司,应该会与其跨国企业伙伴联营,而这些跨国企业很可能持有财团70%到80%股份。”

另外,6家有意参与的跨国企业,是德国西门子公司(Siemens)、伯曼集团(Beumer Group)、日本Daifuku公司、Toyo Kanetsu KK、荷兰范德兰德(Vanderlande Industries BV)和新加坡Pteris Global。

“当中只有4家估计会提出正式报价,且在这些财团中,只有一个赢家。”

消息人士补充,竞标者提案提交时限,已从5月延长至6或7月,并称若去年进行竞标会更好,因为今年进行升级工作对机场营运干扰较少,毕竟目前旅游禁令仍未解除。

大马机场电邮回复时指,这项竞标现正在进行中,竞标者详情和成本的相关资讯是机密。

“鉴于该项目规模和复杂性,我们预计将耗时数年。”

emsvsi

3,519 posts

Posted by emsvsi > 2021-05-30 08:02 | Report Abuse

BREAKING: Allow import, export activities during lockdown — FMM
May 29, 2021 21:03 pm +08

KUALA LUMPUR (May 29): The Federation of Malaysian Manufacturers (FMM) urged the government to allow activities in the import and export sectors — including ports, warehousing and transportation of goods — to continue during the total lockdown period.

Full article: https://www.theedgemarkets.com/article/allow-import-export-activities-during-lockdown-%E2%80%94-fmm


Comments: Ports are essential. Whenever in doubt ask yourself, what is the number one human need - food. And what is the staple food of Malaysia - rice. And how is that attained - through imports, specifically, through shipping, which remains the most efficient means of transport for goods

More importantly, port operations require very little labour per unit of output, with many parts such as crane operations remotely handled or automated (see: YouTube videos of port operations or container loading/unloading etc)

i3lurker

14,432 posts

Posted by i3lurker > 2021-05-30 08:25 | Report Abuse

dun worry

in Malaysia, everything is 100% allowed until 2 am just like pasar malams during lockdowns

abc333

1,537 posts

Posted by abc333 > 2021-05-30 09:51 | Report Abuse

工业需要在封闭空间以大量劳力制造产品。这是为什么感染群都和工业有关。去过的人都知道到处是container,很少看到人。port爆发感染的概率很低。基本面完全不受影响。没有人panic sell我们怎样捡便宜货?Hopefully next week will shake out all the short sighted holder, lets sapu at bargain price.

SincereStock

2,367 posts

Posted by SincereStock > 2021-05-30 12:48 | Report Abuse

everyone waiting to collect at bargain price, but this monday operator kasih limit up after open market haha

Posted by coffeesheep > 2021-05-30 18:09 | Report Abuse

Allowed to open during total lockdown: defence, humanitarian aid, ports, airports, cargo, commodities, postal & courier services, community credit, Ar-Rahnu, financial services, insurance, hotel for frontliners and quarantine, forestry enforcement and wildlife, and limited logistic services.

Posted by petnch2020 > 2021-05-30 18:20 | Report Abuse

Actually all of MMC main operations are allowed to open during the total lockdown.

Ports, energy (Malakoff and Gas Malaysia, and Engineering (construction of MRT which is under "critical construction").

emsvsi

3,519 posts

Posted by emsvsi > 2021-05-30 18:30 | Report Abuse

Full list of allowed, allowed but 60%, and not allowed under the MCO 1-14 Jun 2021 below:

https://klse.i3investor.com/blogs/emsvsi/2021-05-30-story-h1565956926-BREAKING_ALLOWED_SERVICES_MCO_1_JUN_14_JUN_2021_OFFICIAL_LIST_MMC_CORP_.jsp

keown83

627 posts

Posted by keown83 > 2021-05-30 18:35 | Report Abuse

quite relieved seaport will be allowed to operate

i guess tomorrow this counter won't gap down too much

emsvsi

3,519 posts

Posted by emsvsi > 2021-05-30 19:38 | Report Abuse

In unprecedented times and black swan events (pandemic, war, embargoes etc) such as what we are currently facing, the true value of a necessity and basic Human Need (vs Wants) comes shining through

Just as ports are a safe harbour for ships and maritime vessels, MMC (2194) is the safest haven for all investors and a true defensive stock for an all-weather portfolios that will shield against the volatile stock market

emsvsi

3,519 posts

Posted by emsvsi > 2021-05-30 19:38 | Report Abuse

Port operations are as vital to a nation and society as air is to Mankind

MMC TO THE NEXT GALAXY AND BEYOND

Posted by megatti_maf > 2021-05-30 19:59 | Report Abuse

Ok nice..MMC business operations not affected by the MCO. So, buy the dip and HODL

probability

14,496 posts

Posted by probability > 2021-05-30 20:56 | Report Abuse

why gap down? It should gap up... retailers all stay at home, money will overflow here

JConnor

34 posts

Posted by JConnor > 2021-05-31 09:40 | Report Abuse

Ex-divided date approaching...

Pinky

3,478 posts

Posted by Pinky > 2021-05-31 10:01 | Report Abuse

Who sell this morning is bodoh, more bodoh than our menteri hahahahaha

SincereStock

2,367 posts

Posted by SincereStock > 2021-05-31 10:18 | Report Abuse

@pinky haha yea cheap sell over, sempat lagi saya top up some haha

SincereStock

2,367 posts

Posted by SincereStock > 2021-05-31 10:33 | Report Abuse

bursa is like this, you never know what happen next, everyone trying to sell asap at the open market then try to use the money to catch bottom later, but not realising they are the one selling at the bottom

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