MMC CORPORATION BHD

KLSE (MYR): MMCCORP (2194)

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11 people like this.

9,258 comment(s). Last comment by SincereStock 2021-12-25 16:07

Posted by Mohd Yazid Mohd Ali > 2021-08-23 22:38 | Report Abuse

The price should be 4.0 and above

SincereStock

2,193 posts

Posted by SincereStock > 2021-08-24 09:40 | Report Abuse

@ruslimz yea agreed~! 5 sen final dividend from the boss, give us the earning of this final QR before he taking back this precious company is not to much to ask for right? hehe

ruslimz

1,609 posts

Posted by ruslimz > 2021-08-24 09:50 | Report Abuse

Amprop gave 3sen dividend before SCR...Tuan Syed Bukhari, MMC is bigger and richer....please...

stockraider

31,556 posts

Posted by stockraider > 2021-08-24 10:41 | Report Abuse

Good morning

beluga

279 posts

Posted by beluga > 2021-08-24 11:28 | Report Abuse

no matter how you look at it, the offer price does not reflect the true value of the company. in terms of valuation wise.

ruslimz

1,609 posts

Posted by ruslimz > 2021-08-24 12:18 | Report Abuse

' Not fair but reasonable '

SincereStock

2,193 posts

Posted by SincereStock > 2021-08-25 09:06 | Report Abuse

suria shown significantly improved QR, comparable to MMCCORP, price is still below RM1.2, NTA 3.2 (very insignificant debt, can be considered as free of debt)

those who think RM4 is reasonable price for MMCCORP, how much do you think is the reasonable price for SURIA? rather than crying here that privitization of RM2 is unfair, better take profit and move to SURIA

emsvsi

3,513 posts

Posted by emsvsi > 2021-08-25 09:18 | Report Abuse

For a person who has the word sincere in his ID, you sure as hell are dumb

MMC's ports straddles the most important trade route in the world, the Straits of Malacca. Its port in PTP is secondary to what is arguably the most important port in the world, PSA while Northport is secondary to Westport. Both will grow in tandem

Suria's ports serves only Sabah. It is no match

SincereStock

2,193 posts

Posted by SincereStock > 2021-08-25 09:27 | Report Abuse

it doesn't matter how small SURIA is compared to MMCCORP, it is price per share vs price per share, earning *per* share vs EPS

keyword per share, it is not like you are comparing the full ownership of MMCCORP vs SURIA, *only* if that is the case, those who chose SURIA over MMCCORP is dumb

Posted by Raghu Nath Sharma > 2021-08-25 12:47 | Report Abuse

I thought SC’s approval or disapproval would be before 31 August. If so egm can be about 3 weeks after that

Posted by Raghu Nath Sharma > 2021-08-25 12:52 | Report Abuse

Can it also mean that if SC not approved, then the offer is a failure and therefore no need to hold EGM?

ruslimz

1,609 posts

Posted by ruslimz > 2021-08-25 13:01 | Report Abuse

mana ada SC not approved lah for any SCR...

ruslimz

1,609 posts

Posted by ruslimz > 2021-08-25 13:04 | Report Abuse

SC will said " no comment " to the proposals, meaning " approved " lah....

stockraider

31,556 posts

Posted by stockraider > 2021-08-25 13:44 | Report Abuse

Huat chaiii mah

xytraders

197 posts

Posted by xytraders > 2021-08-25 15:45 | Report Abuse

hooot

SincereStock

2,193 posts

Posted by SincereStock > 2021-08-25 15:46 | Report Abuse

C24 expire this friday, after that next week only can hoot above 1.9

SincereStock

2,193 posts

Posted by SincereStock > 2021-08-25 15:47 | Report Abuse

this last 2 days bankers sure won't let the price move up

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-08-25 15:47 |

Post removed.Why?

Investor48

1,330 posts

Posted by Investor48 > 2021-08-26 01:14 | Report Abuse

Tomorrow sky is the limit..

Hehe...

stockraider

31,556 posts

Posted by stockraider > 2021-08-26 11:19 | Report Abuse

Buy mah!

beluga

279 posts

Posted by beluga > 2021-08-27 13:57 | Report Abuse

i don't see how this deal will not go through because the offeror is TS Syed Mokhtar. if it's other people... yes, success probability is lower. So it is a bit strange to me that the share price still trade at such wide discount (almost 10% discount ) to the offer price.

is market 'worry' about why the IA report yet to release since it is more than 2 months now? Is alliance investment bank opinion might say "not fair not reasonable"? i think it is very low probability for all the obvious reasons we know. but hey..., the only certainty is uncertainty.

Inv3st0r69

195 posts

Posted by Inv3st0r69 > 2021-08-27 14:11 | Report Abuse

@beluga, IA report will be in a form of letter together with the circular, which will be out on T + 35.. its not like GO where IA issue their letter. but not fair but reasonable is most likely the call from the IA

SincereStock

2,193 posts

Posted by SincereStock > 2021-09-01 09:25 | Report Abuse

since nothing to do here except wait for EGM, check out the best penny stock that is supported by good funamental and future prospect >> BORNOIL

currently only RM0.035 for tangible NTA of RM0.11 ~! why not invest if you got some spare money?

sakurako

203 posts

Posted by sakurako > 2021-09-01 10:00 | Report Abuse

burn-oil? sorry nop for me... a company asset high is under utilized is no good for me

SincereStock

2,193 posts

Posted by SincereStock > 2021-09-01 10:17 | Report Abuse

@sakurako how about privatization and liquidation? who in mmccorp doesn't know about the secret recipe of making money with privatization? hehe

SincereStock

2,193 posts

Posted by SincereStock > 2021-09-01 10:19 | Report Abuse

I sure won't be hesitate to grab some of any companies that can offer good NTA discount along with other good funamental criteria

sakurako

203 posts

Posted by sakurako > 2021-09-01 11:18 | Report Abuse

i have bad experience in SAAG long time ago... NTA much higher than price, but it went into pn17

SincereStock

2,193 posts

Posted by SincereStock > 2021-09-01 11:36 | Report Abuse

@sakurako sorry to hear that, always keep in mind penny stock is not what you should go all in (although that is what people like to do to gamble for jackpot), let alone borrowed money, invest only with spare money, you will get good risk vs reward

SincereStock

2,193 posts

Posted by SincereStock > 2021-09-02 09:23 | Report Abuse

hopefully today can exit some at 1.85, queued for week+ already

last time after BOD approved exited some at 1.85, then reentered at 1.80, if today can exit 1.85 again = profit

macam ada hope ni hari sikit lagi sampai queue saya

xytraders

197 posts

Posted by xytraders > 2021-09-02 09:30 | Report Abuse

SELL before dump, within this two days or these week

emsvsi

3,513 posts

Posted by emsvsi > 2021-09-02 09:45 | Report Abuse

The report from the IA should be out by this month Sep, with the EGM in Oct, after which, the share price would go close to the offer price of RM2, should the SCR be voted through in Oct. You can then make estimations on the potential returns % within the timeframe, ie annualised returns

SincereStock

2,193 posts

Posted by SincereStock > 2021-09-02 10:37 | Report Abuse

yg saya takut SCR x pass saja, ada some retailers yg mahu reject juga, better keluar dulu sikit, jgn terlampau byk all in sini, gg kalau SCR fail

SincereStock

2,193 posts

Posted by SincereStock > 2021-09-02 10:39 | Report Abuse

plan saya 1.85 out dulu sikit, kalau 1.90 above out lagi more

stockraider

31,556 posts

Posted by stockraider > 2021-09-02 10:42 | Report Abuse

Go for it

stockraider

31,556 posts

Posted by stockraider > 2021-09-02 14:54 | Report Abuse

Why so silly ?...sell rm 1.84...buyback Rm 1.83...just wasting time loh!

SincereStock

2,193 posts

Posted by SincereStock > 2021-09-02 15:01 | Report Abuse

1 bid profit hardly even cover brokerage fee lmao

SincereStock

2,193 posts

Posted by SincereStock > 2021-09-02 15:02 | Report Abuse

me go for 5 bids at least

Posted by Shivawerer > 2021-09-06 10:19 | Report Abuse

I want to buy options on Mmccorp which one should i buy

Inv3st0r69

195 posts

Posted by Inv3st0r69 > 2021-09-06 17:50 | Report Abuse

@shivawerer i think c29 is still ok, assuming by 30 nov all went well, if mother share is trading above 1.90, then warrant shud be rm0.70

Posted by idkdontaskmelol > 2021-09-07 19:39 | Report Abuse

Call meeting lor

ruslimz

1,609 posts

Posted by ruslimz > 2021-09-07 20:18 | Report Abuse

hoorayyyy..SC approved..no further comments...EGM 30 sept....

ruslimz

1,609 posts

Posted by ruslimz > 2021-09-07 20:30 | Report Abuse

after EGM...proposals will be sent to High Court of Malaya for confirmation..then company will fix the entitlement date...then only finally THE RM2 Payments...may be by end of december or latest early Jan next year....

stockraider

31,556 posts

Posted by stockraider > 2021-09-07 21:13 | Report Abuse

Buy loh!

$$$$$$$$$$$$$$$$$ coming mah!

csan

436 posts

Posted by csan > 2021-09-07 21:25 | Report Abuse

no the concern is not retailers rejecting offer. it is large institutions likely rejecting offer. independent adviser likely to recommend not fair, not reasonable.

ruslimz

1,609 posts

Posted by ruslimz > 2021-09-07 22:02 | Report Abuse

Mana ada, never happened like that maa...

Inv3st0r69

195 posts

Posted by Inv3st0r69 > 2021-09-08 10:28 | Report Abuse

Not fair but reasonable, sure PNB follow this one lah hehe

stockraider

31,556 posts

Posted by stockraider > 2021-09-08 10:30 | Report Abuse

PNB already agree to deal...b4 syed mokhtar propose mah!

Posted by katakmampus > 2021-09-08 11:18 | Report Abuse

stockraider PNB already agree to deal...b4 syed mokhtar propose mah!

where is the source of the news?

beluga

279 posts

Posted by beluga > 2021-09-08 13:17 | Report Abuse

The most important document of this whole takeover is officially out, the Circular. If any disputes, lawsuit etc... It will refer to this Circular.

The adviser (Alliance Investment Bank) gave their opinion and recommendation. Based on Alliance IB own valuation, the estimated value per MMC Share is between RM3.32 - RM3.41

Posted by katakmampus > 2021-09-08 14:06 | Report Abuse

stockraider PNB already agree to deal...b4 syed mokhtar propose mah!

I most hate this kind of babi. Suka2 bagi fake info tak bagi source. Mindfk people with his cocky emotion
LIKE TO PUT EXCLAMATION??? ASKING PEOPLE TO BELIEVE YOUR SAYING??? THINKING YOU ARE CORRECT AT ALL TIMES??? IGNORE WHEN YOU FOUND OUT YOU ARE WRONG???

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