MMC CORPORATION BHD

KLSE (MYR): MMCCORP (2194)

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11 people like this.

9,259 comment(s). Last comment by emsvsi 1 month ago

TKP9966

306 posts

Posted by TKP9966 > 2018-10-07 20:23 | Report Abuse

Goin south very soon based on latest news!

Posted by wilsonchan87 > 2018-10-08 14:16 | Report Abuse

MMC most untung one is port portion business, construction just smaller portion

stockraider

31,556 posts

Posted by stockraider > 2018-10-09 08:47 | Report Abuse

U need to understand these loh....!!

Even if MMC got back their tunnel jobs, it will never be the same again loh...!!

1. There will be substantial discount given to secure jobs, and this will affect its construction margin loh....!!
2. The lost of PDP, means there is a big lost of steady & safe income which affect its bottom line loh....!!
3. The big discount given on elevated MRT for securing the jobs means another big cut in its construction margin mah....!!

The other scenario , If MMC do not get back its tunnel jobs, it will means chaos to its business loh....!!

1. Heavy overheads, subcontractors issue, valuation of half way works etc....!!
2. The use of foreign tunneling contractors will also create competitors to its business loh.....!!

Thus the overall business model of MMC is no longer as lucrative as b4 bcos of govt cost down loh....!!

Overall it is bad news for MMC loh..!!, thats why mkt selldown loh....!!

ivan9511

3,854 posts

Posted by ivan9511 > 2018-10-09 16:29 | Report Abuse

lucky buy mmcand Star at lowest
easy pocket money for me on buying MMC abd Star
MMC and Star now already paper profit \
Easy money

Mar2083

877 posts

Posted by Mar2083 > 2018-10-09 21:18 | Report Abuse

Min rm1.20 tomorrow

AllBigWin

51 posts

Posted by AllBigWin > 2018-10-10 15:23 | Report Abuse

here is peaceful, not like Gamuda!

Dcmh

953 posts

Posted by Dcmh > 2018-10-10 23:02 | Report Abuse

Of course only play the role of pr with ahjib and cronies

Gn021

566 posts

Posted by Gn021 > 2018-10-11 09:46 | Report Abuse

Following the robust reaction from the joint venture (JV) and those who would be affected by its earlier decision to take away the remaining work on the underground portion of the mass rapid transit Line 2 (MRT2) project, the Cabinet yesterday decided that an attempt be made to bridge the divide.

“They will go back to the negotiation table to resolve this,” a source told The Edge Financial Daily. “The door remains open and hopefully a fresh tender can be avoided”.

It is learnt that four ministers led by Finance Minister Lim Guan Eng will be involved in the renegotiation. They are Economic Affairs Minister Datuk Seri Mohamed Azmin Ali, Transport Minister Anthony Loke and Works Minister Baru Bian.

Gn021

566 posts

Posted by Gn021 > 2018-10-11 10:44 | Report Abuse

(吉隆坡11日讯)金务大(Gamuda Bhd)今早交投活络,上涨2.42%,似乎成为了马股一片红海当中的一点绿。

截至早上9点21分,金务大起5仙,至2.12令吉,约2115万股易手。

根据《The Edge》财经日报报导,内阁昨天决定重新谈判捷运2号线(MRT2)计划地下工程。

知情人士告诉《The Edge》财经日报:“他们将重新谈判,解决这个问题。这个大门一直都在打开,希望可以避免重新招标。”

据了解,以财政部长林冠英为首的4名部长将会参与谈判活动,包括经济事务部长拿督斯里阿兹敏、交通部长陆兆福及工程部长巴鲁比安。

MoneyAndHoney

2,479 posts

Posted by MoneyAndHoney > 2018-10-17 21:06 | Report Abuse

weak volume

speakup

27,074 posts

michaelwong

3,072 posts

Posted by michaelwong > 2018-10-23 17:07 | Report Abuse

Remember in stock markets no holds bar with no one can predict how low it can continue to drop yet excluding market crash which is currently still unaccounted despite the drastic dropped across the board . Is just the beginning of iceberg and guess what would happen when the real show begins which I have tasted 90% bit by bit dropped that caught you unaware and unexpected .

Shines

2,824 posts

Posted by Shines > 2018-10-26 15:52 | Report Abuse

Got some good news kot

Sky88

230 posts

Posted by Sky88 > 2018-10-29 09:29 | Report Abuse

Why gamuda up but this one down

Shines

2,824 posts

Posted by Shines > 2018-10-31 12:43 | Report Abuse

Man Man C

michaelwong

3,072 posts

Posted by michaelwong > 2018-10-31 16:30 | Report Abuse

Useless counter sometimes despite with volume no power .

Shines

2,824 posts

Posted by Shines > 2018-11-02 12:44 | Report Abuse

Now Man Man Crawl

michaelwong

3,072 posts

Posted by michaelwong > 2018-11-02 17:24 | Report Abuse

Cannot crawl lah.....boh lat liao . Got stuck up in the mud .

Shines

2,824 posts

Posted by Shines > 2018-11-03 12:27 | Report Abuse

Aiyoyo crawl also cannot, call an ambulance to bring scretchers

Posted by csteoh2018 > 2018-11-27 12:22 | Report Abuse

Any info about this counter? Keep dropping.

mcmann

1,142 posts

Posted by mcmann > 2018-12-01 09:55 | Report Abuse

what happen to this stock always down till so low ? the last time i trade is i buy at 2 and shoot to 3. now its trading below 1 OMG

Jaden

5,935 posts

Posted by Jaden > 2018-12-10 14:08 | Report Abuse

No low.. caught pakat with Ajib

Jaden

5,935 posts

Posted by Jaden > 2018-12-10 14:10 | Report Abuse

Drop until you puas hati baru buy sikit.. temporary simpan fd good

Posted by Nelson Yoong > 2019-01-19 13:56 | Report Abuse

MMC the Star of 2019 (bursa) PORTS listing!!!

Posted by commonsense > 2019-01-24 08:51 | Report Abuse

Profit to shareholders has continue to fall in FY18 to potentially end at a full year profit of only RM150mil. Profit was affected by the lower contribution of key divisions (port business and construction) as well as the lower performance of key associate company, Malakoff (profit would have been a lot lower if we were to exclude the one-off gains like the RM55mil gain on disposal of Lekir Bulk to TNB). At the current share price this would translate to a valuation of 17.7x PE (again this would be a lot higher if we were to exclude all the one-off gains).

The company’s profit outlook for FY19 would be highly dependent on the port business which itself depends on the outcome of the tariff negotiation between US and China. A failure to reach any meaningful deal would end up with a continuation of trade tariff between the 2 biggest economies which will affect global trade outlook (MMC’s ports included). The Tanjung Bin power plant has consistently faced with unplanned maintenance every year since its first start operation back in early 2016. In FY18, one of its boiler walls had leaked which causes substantial downtime to the plant hence affecting Malakoff financial performance (reparation was only completed at the end of Oct 18). Expect Malakoff low contribution to continue in 4Q18.

If you are looking to diversify your portfolio outside of MMC (due to its earnings uncertainties and the relatively high valuation) I would recommend you to look at MBMR.

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.9x PE (based on target FY18 profit of RM145mil. 9m profit is already RM106mil). PB is low at only 0.7x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17.

FY19 growth will be driven by the still high demand of the new Myvi and the newly launched SUV Aruz and also the newly revamp Alza in 2H19. The recent announcement of closure and potential disposal of the loss-making alloy wheel manufacturing business alone is expected to boost the company’s profit by an additional RM10mil to RM20mil. I am projecting a profit to shareholder of RM170 mil for FY19 which at the current price values MBMR at only 5.9x PE.

Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions. There are 8 analysts in total covering the stock with most of them having a TP of above RM3 (all have a buy rating). The average TP for the 8 analysts is around RM3.50.

Good luck.

Posted by Nelson Yoong > 2019-02-19 13:34 | Report Abuse

Mmc starts uptrend!!!

cheoky

2,823 posts

Posted by cheoky > 2019-02-19 16:10 | Report Abuse

nta play. try

Posted by Nelson Yoong > 2019-02-19 16:11 | Report Abuse

Very high volume!!!

cheoky

2,823 posts

Posted by cheoky > 2019-02-20 09:51 | Report Abuse

china fund entering as a shareholder. perhaps cccc

cheoky

2,823 posts

Posted by cheoky > 2019-02-20 12:27 | Report Abuse

very likely.... strong buyers....

LuckyG

1,698 posts

Posted by LuckyG > 2019-02-21 09:35 | Report Abuse

interesting volume

Posted by Smokey22 > 2019-02-21 09:41 | Report Abuse

mmc getting buyers from china to support?

cheoky

2,823 posts

Posted by Nelson Yoong > 2019-02-24 15:36 | Report Abuse

Not 2millions almost 5millions(cross traded.19/2/19

Posted by Nelson Yoong > 2019-02-24 15:50 | Report Abuse

Maybe another good news 50%smart tunnel future take over by GOV. ?

Superb99

6,604 posts

Posted by Superb99 > 2019-02-25 10:25 | Report Abuse

result is released soon, hopefully is a good one, big shark is in the pool....lol

LuckyG

1,698 posts

Posted by LuckyG > 2019-02-27 10:27 | Report Abuse

up up up limit up

LuckyG

1,698 posts

Posted by LuckyG > 2019-02-27 15:46 | Report Abuse

sold all . ty . good luck guys

Superb99

6,604 posts

Posted by Superb99 > 2019-02-28 15:36 | Report Abuse

Buaya wants to wash weak holder away

Superb99

6,604 posts

Posted by Superb99 > 2019-02-28 15:36 | Report Abuse

Cheap sales

Posted by Hisham Haron > 2019-02-28 16:22 | Report Abuse

Sales

Superb99

6,604 posts

Posted by Superb99 > 2019-03-01 07:45 | Report Abuse

Result is gd and above expectation, buy buy buy

Posted by Nelson Yoong > 2019-03-01 11:28 | Report Abuse

3 millions (cross trade 1.09) again!!!

Superb99

6,604 posts

Posted by Superb99 > 2019-03-01 15:34 | Report Abuse

Down again 1.07

Superb99

6,604 posts

Posted by Superb99 > 2019-03-01 16:19 | Report Abuse

Big boys are throwing... Sell on news but the price is just too low now, might as well keep for longer time

Superb99

6,604 posts

Posted by Superb99 > 2019-03-01 20:18 | Report Abuse

1.04...wtf

nckcm

2,726 posts

Posted by nckcm > 2019-03-01 20:32 | Report Abuse

Epf sell ma.. time to buy lo

Superb99

6,604 posts

Posted by Superb99 > 2019-03-04 07:06 | Report Abuse

Up fast down fast

Superb99

6,604 posts

Posted by Superb99 > 2019-03-05 12:54 | Report Abuse

Pls up more!

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