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

sunnyleong

307 posts

Posted by sunnyleong > 2021-06-03 15:23 | Report Abuse

Limit Down also throw. If not mati ooo.

Posted by choonken59 > 2021-06-03 15:24 | Report Abuse

lolz... so negative lah sunny hahaha

tatwaiwong

277 posts

Posted by tatwaiwong > 2021-06-03 15:24 | Report Abuse

very sad,nice company and start outvalue timing,say 1.80-2.00 privatisation,cbkia.:(

Posted by Oon Chin Heng > 2021-06-03 15:25 | Report Abuse

please sell to me now. Sunny leong

Healthy

64 posts

Posted by Healthy > 2021-06-03 15:25 | Report Abuse

sunnyleong ,mmc no potong ur head but gv back your leg and pay extra tail to u....hahah

Posted by BilisMrJ39 > 2021-06-03 15:25 | Report Abuse

Relax la sunny. U have been over frightened by Serba.

MMC should be good news

Posted by Oon Chin Heng > 2021-06-03 15:27 | Report Abuse

I also heavy boat on serbadk...diff scenario lar...aduiiii~

sunnyleong

307 posts

Posted by sunnyleong > 2021-06-03 15:27 | Report Abuse

How can I relax? U know I fear with reasons. This dun play play o. Will die.

bobochacha

536 posts

Posted by bobochacha > 2021-06-03 15:27 | Report Abuse

the edge report privatisation via selective capital reduction

1.80-2. per share

can any sifu explain what is selective capital reduction??

Inv3st0r69

195 posts

Posted by Inv3st0r69 > 2021-06-03 15:28 | Report Abuse

In DLLKT we trust.. hopefully not privatise but a very good deal

Inv3st0r69

195 posts

Posted by Inv3st0r69 > 2021-06-03 15:28 | Report Abuse

selective capital reduction is a way of privatisation that go thru egm and court. longer than standard GO in terms of timing

Posted by Oon Chin Heng > 2021-06-03 15:29 | Report Abuse

Sunny, please sell now lor...sell under table..lolz

bobochacha

536 posts

Posted by bobochacha > 2021-06-03 15:30 | Report Abuse

as syed mokhtar know his port business is growing together will senai land and other. The NTA value of MMC simply worth RM 3-4.

if now he privatise mmc with maximum RM2, he still untung. then he separate separate inside entity relist again make money again.

SincereStock

2,367 posts

Posted by SincereStock > 2021-06-03 15:32 | Report Abuse

@tatwaiwong think positive, take the profit and invest else way, there are many more undervalue stocks at the market, everyday also got stock going up, you need need to pick the next right one, syukur that we get free instant money (save time) instead of getting hit by something like serba case

sunnyleong

307 posts

Posted by sunnyleong > 2021-06-03 15:34 | Report Abuse

It is complicated. Later u all will know. Once open, I dump all. Now, I even cannot eat. Today's, is a long night with beers. Blaming my wrong decisions, gonna lose quite a lot. But, lose rather die.

trending

113 posts

Posted by trending > 2021-06-03 15:35 | Report Abuse

SM acting like JP Morgan. consolidate, grow then split into parts.... wow...
I don't care, as long as give me 10x return, can do anything. hahaha

tallman

924 posts

Posted by tallman > 2021-06-03 15:35 | Report Abuse

but it ports business itself is worth RM4, can we accept the offer?

tatwaiwong

277 posts

Posted by tatwaiwong > 2021-06-03 15:37 | Report Abuse

不公平不合理,建议小股东不接受

CHLEONG888

924 posts

Posted by CHLEONG888 > 2021-06-03 15:37 | Report Abuse

be positive, likely good news

Inv3st0r69

195 posts

Posted by Inv3st0r69 > 2021-06-03 15:37 | Report Abuse

if ts privatise at rm2 its a win to him big time.. he can relist the port at 15 times PE..

bobochacha

536 posts

Posted by bobochacha > 2021-06-03 15:38 | Report Abuse

if open back. gonna limit up if offer is rm1.80. need 2 days to reach 1.8

sunnyleong

307 posts

Posted by sunnyleong > 2021-06-03 15:38 | Report Abuse

RM1.8 or RM2, u guys dare to dream. GG. If not incur lost, I am considered lucky. Stock is just that cruel.

Posted by BilisMrJ39 > 2021-06-03 15:39 | Report Abuse

Can someone advise what will happen to CW? Im still holding C24 with 80% unrealised gain

Posted by wolfofsantorini > 2021-06-03 15:41 | Report Abuse

something related to politic happened

i3lurker

14,432 posts

Posted by i3lurker > 2021-06-03 15:45 | Report Abuse

share price went up so much
someone shud be arrested,
in Bolehland all blame goes to the office boy

clearly Insider Trading

beluga

293 posts

Posted by beluga > 2021-06-03 15:45 | Report Abuse

most likely it is privatisation offer . Question is only : At what price and which method (GO or SCR)? i think it is a genuine intention that SM wants it private... like what he did to Tradewinds. If too low offer, it's going to be waste of his time since quite many institutional funds can block it.

aliyusof

1,393 posts

Posted by aliyusof > 2021-06-03 15:46 | Report Abuse

Selective capital reduction...major owners selectively offer and buy back shares from minority shareholders like us at certain offer price. To be approved in an EGM and court later, offer to be recommended by a so called "independent" consultant. Years ago, I got one (company LCTH, highly undervalued but not active trading). Made some profit. Not sure what is the process now.

i3lurker

14,432 posts

Posted by i3lurker > 2021-06-03 15:46 | Report Abuse

dun forget the SELL on News.

its the Law of Share Trading

trending

113 posts

Posted by trending > 2021-06-03 15:48 | Report Abuse

what is GO?

bobochacha

536 posts

Posted by bobochacha > 2021-06-03 15:49 | Report Abuse

so mean if the EGM appoved, shareholder need to sell on RM1.80 . for me okla since i pick up today only. but will be hurting for long term MMC holder who bought at RM 2++

Karlos

1,284 posts

Posted by Karlos > 2021-06-03 15:50 | Report Abuse

If we do our home work we should knew that MMC is much undervalued as I mentioned a few times earlier.

Johnzhang

3,098 posts

Posted by Johnzhang > 2021-06-03 15:50 | Report Abuse

Don’t be surprise the price to go above the privatisation offer at some point . If the offer is deem too low , minorities will not give in easily .

sunnyleong

307 posts

Posted by sunnyleong > 2021-06-03 15:52 | Report Abuse

I kena MAS few years later. This all Bull SH. If now can sell all, I let go, but thing is not like that, SUSPEND!!!

What I can do is take out beers from my rack and drink with smoking Marlboro. Really learn a big lesson one more time.

hsyanbird

828 posts

Posted by hsyanbird > 2021-06-03 15:52 | Report Abuse

bought 10k lots at 0.95. Anyone advise keep or sell?

SincereStock

2,367 posts

Posted by SincereStock > 2021-06-03 15:53 | Report Abuse

it is suspended now, wait for the official news only decide keep or sell

i3lurker

14,432 posts

Posted by i3lurker > 2021-06-03 15:54 | Report Abuse

insiders already bought it up to 1.30 and thats how the market value it now.

Posted by Ahmadahmad88 > 2021-06-03 15:54 | Report Abuse

Maybe rm 1.3

Posted by Ahmadahmad88 > 2021-06-03 15:54 | Report Abuse

Damn low if like that

dompeilee

11,888 posts

Posted by dompeilee > 2021-06-03 15:57 | Report Abuse

Hmmm wonder what's up...I bought & averaged down 15 lots of MMC since 2018.

sunnyleong

307 posts

Posted by sunnyleong > 2021-06-03 15:58 | Report Abuse

A word of advice. Big fish not that good hearted let u win, u watch Movie and TV series, what happened. This is same with real life.

U guys want to wait RM1.8 or 2. GL

I don't even dare to think that.

bobochacha

536 posts

Posted by bobochacha > 2021-06-03 15:59 | Report Abuse

insider not enough time to continue buying.. because suddenly suspend at noon. if give whole day it could reach 1.40

Moratorium

213 posts

Posted by Moratorium > 2021-06-03 16:01 | Report Abuse

NTA > RM3, if GO at RM2 then it is not fair and not reasonable. All minority shareholders need to vote to block this attempt. Same like CCB

hsyanbird

828 posts

Posted by hsyanbird > 2021-06-03 16:03 | Report Abuse

i ask remiser they said normaly privatise will fly in short term.. let' see..

emsvsi

3,519 posts

Posted by emsvsi > 2021-06-03 16:06 | Report Abuse

Ports are valued based on EV/EBITDA, not PE. don't know anything please don't open mouth

No you do not have to accept, but almost everyone will accept, since it is still a damn good price (at RM2)

emsvsi

3,519 posts

Posted by emsvsi > 2021-06-03 16:08 | Report Abuse

Wait for the independent adviser, and you can see how much the true intrinsic value of MMC, and no, there's no such thing as pluck from the sky 60% discount to RNAV

Lee Wl

65 posts

Posted by Lee Wl > 2021-06-03 16:13 | Report Abuse

@sunnyleong, u owned this share? If u don't want anymore u can sell it to me, I would like to gamble this

Johnzhang

3,098 posts

Posted by Johnzhang > 2021-06-03 16:17 | Report Abuse

Independent advisers are not so independent afterall. They know who buttered their bread,

Moratorium

213 posts

Posted by Moratorium > 2021-06-03 16:17 | Report Abuse

emsvsi Ports are valued based on EV/EBITDA, not PE. don't know anything please don't open mouth

MMC not only consists of ports. If u think u know everything, then please say the right thing

trending

113 posts

Posted by trending > 2021-06-03 16:17 | Report Abuse

@Lee WI, i can sell to u at RM4.80 hahaha

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