I will start to dispose MMC share once MMC report quarterly losses or no dividend announcement , otherwise I will hold on to this MMC wth no time frame
@steve8lily partly correct but Tun M era they just spread the net, now is the harvest time for MMC. but if u ref to Syed mokhtar, then I would say yes. see fgv case.. lol
Alibaba group factory in Nilai, sayang loh, If in Senai ,then Senai Airport profit will shoot up to the sky. Anybody tried to persuade Jack Ma then ? Perhaps the land price is the factor, JOHOR very expensive compared ti Nilai.
With tht Ex BURSA chairman at helm now at MMC, hopefully PORT listing end of next became TRUE.. Perhaps tht the purpose to rope in tht guy coz he got experience , If on its the biggest IPO ever . PNB needs $$$$ for all the AMANAH SAHAM under it. Hopefully Im right.
MMC crown jewel port , PTP is goin through upgrading. Adding autonomous trucks system in roughly 2021or 2022, state of art IT connection, state-of-the-art 8 ULCV STS quay cranes, all high tech , enlarging free trade zone area etc. Hopefully all these are direct or indirect for listing of ports.
The Group’s Profit before zakat and taxation increased to RM123.8 million compared with RM120.2 million reported in the corresponding quarter ended 30 September 2019 attributed to higher volume handled at Pelabuhan Tanjung Pelepas (“PTP”), coupled with lower operating expenses at Penang Port Sdn Bhd (“PPSB”) and Northport Malaysia Berhad (“NMB”).
MMC never paid dividend at this quarter n at this pandemic and economy tough condition, MMC company manage to announce additional dividend of 1.5cents....stay tune and watch this MMC !
This quarter 1.5 cents and 4th quarter expected announce another 4.5 cents n all together make it 6 cents in dividend for year 2020!! At current price of RM0.86, MMC provide us wth close to 7% yield! Cheerrssss
Even at worldwide shut down economy due to this Covid-19 pandemic, MMC still can registered improve earning compare to year 2019, proven that this MMC business model is resilient and money spinning machine wth safe entry price at current level.....try imagine what will happen to MMC earning in 2021 when worldwide country economy re-opening!!! shouting buy before you miss the last lap of this price before it was surging beyond RM1!
Almost whole year 2020 a penny stock until now I still don't believe for a above average company anyway I got alots of patience to wait for MMC the superstar of KLSE!!!
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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....
DLLKT
289 posts
Posted by DLLKT > 2020-11-23 10:20 | Report Abuse
Government will push in fast track mode on this MRT3 and HSR to stimulate our economy....stay tune n watch out