RTS awarded or not awarded to MMC Corp also no significant impact to MMC Corp ...
MMC is no more a pure engineering or construction company since many many years..
Do you know that:
1. MMC own and control almost 70% Sea Ports in Malaysia? Exp: North Port, Port of Tanjung Pelepas, Penang Port, Melaka Port and etc.
It's overall port service and transaction income is actually higher than Westport Holdings Bhd.. but Westport share price is RM3 plus.
2. MMC is the major shareholders of Malakoff Bhd. It control and indirectly manage MALAKOFF... But MMC share price is lower than its ex subsidiary.
3. MMC also is the major sharejolder and indirectly control Gas Malaysia Bhd.
4. MMC also own and operate SENAI Airport.
5. MMC has been consistently giving out high dividend for the past 10 years.
6. Many of its subsidiary companies can worth multi billions if MMC want to make them go Public.. same like it did to Malakof and Gas Malaysia many years ago.
MMC share price still down cause somebody not plan to make it high yet.
So. Just accumulate MMC at this level... Or you will regret when it suddenly push up.
PS: MMC is a quality stock and it is not for those goreng goreng geng. Goreng geng and those want make fast money and fast die one, pls go to glove counter.. and swimming up and down.
I think MRT 3 project will be announced soon and one EPC work (with Malakoff) is in the planning stage.
KUALA LUMPUR (July 17): The MRT Putrajaya Line (previously known as MRT Sungai Buluh-Serdang-Putrajaya Line) today saw its final tunnel boring machine (TBM) breakthrough at the Ampang Park MRT Station site, marking a major milestone for the project.
Mass Rapid Transit Corporation Sdn Bhd (MRT Corp) chief executive officer, Datuk Mohd Zarif Hashim said it is a major milestone for the project as it showed tunnel excavation for the line has reached 98 per cent completion.
Ya.. Port Of Tanjong Pelepas Sdn Bhd is a subsidiary of MMC Corp.. it is currently the second largest sea port in Malaysia after westport. And recently, the port is becoming more and more busy due to its strategic location (near to Singapore), where it benefited a lot from US China Trade War.
PTP has been planned to be listed by MMC since years ago, if PTP is listed, the asset of PTP will be revalued and it will push up the overall book value of MMC, same will go to its share price.
(Like what happened years ago when MMC listed Malakoff Bhd and Gas Malaysia Bhd).
Majlis Menandatangani Perjanjian Konsortium antara Ahmad Zaki Sdn Bhd dengan GPQ Sdn Bhd dan MMC Engineering Sdn Bhd dan P-Excell Management Sdn Bhd yang disaksikan oleh YAB Menteri Besar Terengganu, YAB Dato' Seri Dr. Ahmad Samsuri Mokhtar yang berlangsung di Gamelan Ballroom, Primula Beach Hotel
PERAK CORPORATION BERHAD maybe Bankrupt ,so must sell 紅土坎海事碼頭,mmc have new port can buy already.west port and north port take 莫实得邮轮中心私人有限公司.zelan merge mmc enginerring to make big more construction,gamuda with mmc can together back to take 基礎設施項目 .i hope all thing mmc can do it.I LOVE MMC
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
stevenckheng
1,350 posts
Posted by stevenckheng > 2020-08-11 16:29 | Report Abuse
RTS no MMC then who? Gadang ?