MMC CORPORATION BHD

KLSE (MYR): MMCCORP (2194)

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Last Price

1.99

Today's Change

0.00 (0.00%)

Day's Change

1.99 - 2.00

Trading Volume

10,938,600


11 people like this.

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

Posted by Masked Rider > 2016-02-18 18:54 | Report Abuse

it has been this way for months....

Posted by Pui Che Hong > 2016-02-26 05:14 | Report Abuse

For a week x c any positive comment from u all. Time to buy or give up???

supermix2

1,069 posts

Posted by supermix2 > 2016-02-26 17:35 | Report Abuse

Those who throw & sell this MMC shares are real stupid...btw, do you know how much is MMC making? Yes. ,,,this much......


Tuesday, 23 Feb 2016

5:14PM Financial year end net profit 1.793 billion (increased 122.88%)

Anyway, price is throw away because of the kiasu & kiasi, I began to collect more & keep them in the storeroom for the time being.

Posted by Activetrader > 2016-02-29 00:40 | Report Abuse

SUPERMIX2 : R U HAPPY OF COLLECTING IT? DO YOU KNOW HOW MUCH IS MMCCORP'S DEBT?? HAHAHHAHAHAHAHA.... GOOD LUCK.... MRT COMPLETE SOON...WHAT ELSE REVENUE IT CAN SOURCE FOR... THIS COMPANY WILL GO BURST WITH HIGH DEBT! 1.8BIL PROFIT VS 25.7BIL DEBT AND 21.3BIL NET DEBT....IF ITS SO GOOD WHY PPL ARE DUMPING INSTEAD OF BUYING AFTER THE DECENT EARNING :) PLS THINK.

Posted by Activetrader > 2016-02-29 00:41 | Report Abuse

SYED MOHKTAR - MAHATHIR < NAJIB AND MEMBERS :)

skybursa

1,481 posts

Posted by skybursa > 2016-03-04 23:18 | Report Abuse

High debts really a problems.

ruby828

1,000 posts

Posted by ruby828 > 2016-03-07 16:35 | Report Abuse

activetrader, tq for sharing this valuable info....

Syah Mi

39 posts

Posted by Syah Mi > 2016-03-09 15:37 | Report Abuse

I think the net debt 21Bil is before the listing of malakof, after the listing its net debt is only 7.5Bil, its NTA from 2.49 - 2.97....with PE only 3.36, port expansion, development in vicinity of Senai Airport....MMC Corp is extremely devaluated

Mrgate

18 posts

Posted by Mrgate > 2016-03-11 11:52 | Report Abuse

Momentum coming!!! TP2.86

Mohd Iqbal

266 posts

Posted by Mohd Iqbal > 2016-03-14 12:27 | Report Abuse

Syah Mi: So about 14 Billion debt now transferred to Malakoff?

Syah Mi

39 posts

Posted by Syah Mi > 2016-03-14 18:07 | Report Abuse

mmccorp only has 19% share in malakoff, if I'm not mistaken. If a company has less than 20% share of other company, it's consider as an investment (only effects the assets portion of the financial statement), Malakoff liability isn't counted. That's why you see huge debt reduction in mmccorp's financial statement....correct me if I'm wrong :)

kinfatt999

2,913 posts

Posted by kinfatt999 > 2016-03-16 19:40 | Report Abuse

mrt2 is coming soon, mmc and gamuda is biggest chances

paperplane2016

21,644 posts

Posted by paperplane2016 > 2016-03-17 18:54 | Report Abuse

Next big thing

Posted by Lim Chee Chiang > 2016-03-18 14:55 | Report Abuse

serious ?

paperplane2016

21,644 posts

Posted by paperplane2016 > 2016-03-18 17:06 | Report Abuse

yup

paperplane2016

21,644 posts

Posted by paperplane2016 > 2016-03-21 22:00 | Report Abuse

We shld just buy and buy and buy! And win, win, and win!

derrtan

1,796 posts

Posted by derrtan > 2016-03-22 07:58 | Report Abuse

proposed dividend of 3.8cents

hng33

20,351 posts

Posted by hng33 > 2016-03-22 11:33 | Report Abuse

Bought MMC at 1.90

Posted by Johnsonwong > 2016-03-22 11:36 | Report Abuse

Bought MMC at 1.89

paperplane2016

21,644 posts

Posted by paperplane2016 > 2016-03-22 11:37 | Report Abuse

div tiny miny

Posted by Alex Lim Jun Xiong > 2016-03-22 11:51 | Report Abuse

paperplane2016, can buy into mmc corp?
The price stuck below RM2 for so long although analysts gave high target price.
What should be the fair value of this company?

paperplane2016

21,644 posts

Posted by paperplane2016 > 2016-03-22 11:54 | Report Abuse

Read the RHB research rpt please.

Yes, debts has made it low as fund mgrs not liking their high gearing, like DRB-Hicom.
But we notice it has done well pairing down this few years. First Malakoff being spin off, debts came down substantially, next we shall see port biz spin offs.

By tht time re-rating will happen.

I am looking into 100% over return from current 1.90. Ppl really misunderstood the true value of port biz they had. Look at Westport? Westport itself is a big bluechip, MMC should be also.

hng33

20,351 posts

Posted by hng33 > 2016-03-22 12:05 | Report Abuse

Add more stake at 1.90

hng33

20,351 posts

Posted by hng33 > 2016-03-22 15:09 | Report Abuse

Sold back at 1.96-1.97, lock in profit first

Posted by Johnsonwong > 2016-03-23 09:23 | Report Abuse

PETALING JAYA: MMC Corp Bhd is expected to benefit from Tanjung Bin Energy (TBE) power plant that is now operational ahead of schedule, which is also timely to cater for the country’s all-time high electricity demand.

TBE is wholly-owned by Malakoff Corp Bhd, which in turn is a 37.6% associate of MMC. TBE that operates a 1,000MW coal fired power plant (T4) with a 25-year power purchase agreement (PPA) with Tenaga Nasional Bhd (TNB) obtained its commercial operational date (COD) on Monday.

According to MIDF Research, TBE has raised Malakoff’s effective capacity by 19% to 6,346MW.

“We have imputed the share of earnings from Malakoff into our forecasts. We believe the news is positive for MMC as the COD for TBE is slightly ahead of consensus estimate in April,”it said in a report yesterday.

MMC, a utilities and infrastructure group, saw its net profit more than double to RM1.64bil last year, mainly attributed to exceptional gains arising from the RM1.3bil listing of its energy unit, Malakoff, in May last year.

The surge in net profit was also attributed to the fair value re-measurement in NCB Holdings Bhd’s investment of RM143.5mil.

MIDF said the COD for TBE could not have come at a better time following TNB’s announcement last week that electricity usage reached a new high of 17,175MW due to the current heat wave thus reducing the electricity reserve margin to about 21%.

“This is below the 25% benchmark which we believe is more conducive for electricity security,” said MIDF that reiterated a ‘buy’ call with unchanged target price of RM3.05.

MIDF also highlighted that MMC could be a beneficiary of positive news flow in the coming months with the impending roll out of the mass rapid transit line 2 (MRT 2) tunnelling package of which MMC-Gamuda joint-venture is a top contender.

“In addition, the entire MRT 2 project could be valued above its initial estimates due to realignments. Further clarity on MMC’s plans to list its ports assets could also provide additional feel-good factor for the stock,” it said.

Zooming in on Malakoff, Affin Hwang Investment Bank was “neutral” on this development as TEB has achieved commercial operation as expected in March 16 and this has already been reflected in its earnings forecast.

“Malakoff’s 2016 earnings is expected to grow by 20% given the higher net effective generation capacity with TEB,” said Affin Hwang that maintained a “buy” call with a target price of RM1.92.

Posted by Alex Lim Jun Xiong > 2016-03-23 09:37 | Report Abuse

I'm so sad. I sold too early yesterday & lock in profit.
Miss the huge profit today.

Posted by Johnsonwong > 2016-03-23 10:09 | Report Abuse

This counter still very cheap. TP 3.0

paperplane2016

21,644 posts

Posted by paperplane2016 > 2016-03-23 10:47 | Report Abuse

huat lai liao

xenolover

414 posts

Posted by xenolover > 2016-03-23 10:49 | Report Abuse

Yes. 13% profit.

kytan

2,865 posts

Posted by kytan > 2016-03-23 10:54 | Report Abuse

TP is good

kytan

2,865 posts

Posted by kytan > 2016-03-23 10:54 | Report Abuse

RM 3 and above

paperplane2016

21,644 posts

Posted by paperplane2016 > 2016-03-23 10:55 | Report Abuse

so, is my call correct? I guess so

abc123

147 posts

Posted by abc123 > 2016-03-23 10:59 | Report Abuse

Any price less than 2.5 is cheap to Buy In.. >.<

Posted by derrickcyf > 2016-03-23 11:12 | Report Abuse

Absolutely correct !!!

Posted by Johnsonwong > 2016-03-23 11:12 | Report Abuse

LEMBAGA TABUNG HAJI BIG BOSS ACQUIRING

BUCKBUNNY

1,217 posts

Posted by BUCKBUNNY > 2016-03-23 11:16 | Report Abuse

yes...lailiao...

Posted by Johnson Wong > 2016-03-23 11:39 | Report Abuse

目标价:3.05令吉

最新进展:

马矿业(MMCCORP,2194,主板贸服股)持股37.6%的马拉卡(MALAKOF,5264,主板贸服股)宣布,旗下丹绒宾能源(TBE)1000兆瓦煤炭发电厂(T4)获得商业营运日期(COD),正式投入运作。

同时丹绒宾能源将马拉卡现有的5346兆瓦产能,推高19%至6346兆瓦。

行家建议:

丹绒宾能源比市场预期提早取得商业营运日期,对马矿业而言,无疑是正面消息。

同时丹绒宾能源投入运作的时段,适逢政府宣布大马半岛上周的用电消耗量创下单日1万7175兆瓦的历来新高。

我们相信在接下来数个月推出捷运第二路线的隧道工程,马矿业将会是受惠者之一。再者,该公司拟将港口业务上市的计划,可为该股额外注入良好的因素。

我们重申“买入”投资评级和维持3.05令吉的目标价不变,主要因为旗下港口业务计划上市的利好消息、能源臂膀在产能增加后捎来稳定的盈利,以及建筑业务强稳的新增订单。

ABC1

1,093 posts

Posted by ABC1 > 2016-03-23 12:43 | Report Abuse

buy now will kena trap ho?

Posted by Alex Lim Jun Xiong > 2016-03-23 12:45 | Report Abuse

Sold too early yesterday 5pm. Regretted.
Plan to buy back at RM1.93.

Posted by Johnsonwong > 2016-03-23 12:47 | Report Abuse

The Board of Directors of MMC Corporation Berhad is pleased to recommend the payment of a final single-tier dividend of 3.8 sen per ordinary share on 3,045,058,552 ordinary shares amounting to RM115,712,224.98 for the financial year ended 31 December 2015, subject to the approval of the members at the forthcoming fortieth (40th) Annual General Meeting of the Company.

The notice of the book closure and date of payment in respect of the aforesaid final single-tier dividend will be determined and announced in due course.

Posted by SuperTrade > 2016-03-23 14:36 | Report Abuse

buy buy buy

Posted by Johnsonwong > 2016-03-23 15:20 | Report Abuse

TP 3.05

paperplane2016

21,644 posts

Posted by paperplane2016 > 2016-03-23 16:29 | Report Abuse

super high volume

Posted by augustinafederica > 2016-03-23 17:35 | Report Abuse

I also thinking the same Chan

markkim

111 posts

Posted by markkim > 2016-03-23 18:21 | Report Abuse

at last, the power is back !!!

tressele

1,498 posts

Posted by tressele > 2016-03-23 20:55 | Report Abuse

Not close high. Candle stick not so nice today..will the rally continue tomorrow?

aikinlai

896 posts

Posted by aikinlai > 2016-03-23 22:02 | Report Abuse

Want to ask some expert here, can call warrant buy n sell on the same day ?

paperplane2016

21,644 posts

Posted by paperplane2016 > 2016-03-23 22:05 | Report Abuse

This is a noob question, ask noob

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