MARINE & GENERAL BERHAD

KLSE (MYR): M&G (5078)

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Last Price

0.31

Today's Change

-0.005 (1.59%)

Day's Change

0.31 - 0.32

Trading Volume

985,600


10 people like this.

3,697 comment(s). Last comment by kcliew08 2 days ago

rikki

2,028 posts

Posted by rikki > 2014-02-05 09:12 | Report Abuse

Broken the previous high of 0.77 hehe

Posted by ultramantoron > 2014-02-05 09:33 | Report Abuse

ini silk sudah break.will fly high lor..better collect now!

lee9fold

4,730 posts

Posted by lee9fold > 2014-02-05 10:00 | Report Abuse

doesnt looks good now

Posted by ultramantoron > 2014-02-05 10:04 | Report Abuse

wayang only..purposely to make people dump the shares.see the tracker transaction. 12.00 gonna fly high. ;)

Posted by saddiqsepakraga > 2014-02-05 10:05 | Report Abuse

yes..yes...chance to buy on pullback.....uptrending stock, not to worry !!

lee9fold

4,730 posts

Posted by lee9fold > 2014-02-05 10:11 | Report Abuse

so confident?

Posted by saddiqsepakraga > 2014-02-05 10:22 | Report Abuse

yes...I am....

Posted by ultramantoron > 2014-02-05 10:23 | Report Abuse

ting ting ting. train sudah mahu jalan. XD

lee9fold

4,730 posts

Posted by lee9fold > 2014-02-05 10:27 | Report Abuse

u r right man

Posted by ultramantoron > 2014-02-05 10:30 | Report Abuse

sapu all the 0.76. burp.

SPECIAL_ID

410 posts

Posted by SPECIAL_ID > 2014-02-05 10:43 | Report Abuse

Good, cheers!

Posted by coffeepimple > 2014-02-05 14:15 | Report Abuse

sapu at 0.77

ktrader

1,897 posts

Posted by ktrader > 2014-02-05 14:22 | Report Abuse

with good volume, resistance at 77 sen can be bulldozed with ease. Let's see......

lee9fold

4,730 posts

Posted by lee9fold > 2014-02-05 14:28 | Report Abuse

HOWS AFTERNOON? SHALL SEE

Mark T Bird

1,444 posts

Posted by Mark T Bird > 2014-02-05 14:41 | Report Abuse

:-)

lee9fold

4,730 posts

Posted by lee9fold > 2014-02-05 14:45 | Report Abuse

no energy for now

lee9fold

4,730 posts

Posted by lee9fold > 2014-02-05 14:46 | Report Abuse

mark...how u get yr rm3 tp?

joel

4,580 posts

Posted by joel > 2014-02-05 16:33 | Report Abuse

Silkhld like to last minutes rebound ones.

Posted by aslamsham92 > 2014-02-05 17:12 | Report Abuse

silk close below 0.75 (...

SgMas

59 posts

Posted by SgMas > 2014-02-05 17:14 | Report Abuse

silk closed above 0.85, TA still intact to challenge 0.80 - RHB Research.

SgMas

59 posts

Posted by SgMas > 2014-02-05 17:15 | Report Abuse

sorry sb 0.75 lol

Risk Trader

3,942 posts

Posted by Risk Trader > 2014-02-05 17:17 | Report Abuse

This week will closed above 0.80 cent...next week 0.90 cent...next month rm1.00

psd57

2,314 posts

Posted by psd57 > 2014-02-05 19:34 | Report Abuse

SILK - Bullish Engulfing
http://www.tradesignum.com/screener/bullishengulfing

joel

4,580 posts

Posted by joel > 2014-02-05 22:50 | Report Abuse

Jasa Merin gets contract extensions www.btimes.com.my 25-Jan-2014 3:00 AM

KUALA LUMPUR: Silk Holdings Bhd's unit Jasa Merin (M) Sdn Bhd has received contract extensions for the provision of two 60-tonne Anchor Handling Tug Supply Vessels worth some RM23.29 million, the company told Bursa Malaysia yesterday. ...
Silk Holdings secures RM23.28mil contract extension from ExxonMobil www.thestar.com.my 24-Jan-2014 6:00 PM

KUALA LUMPUR: Silk Holdings Bhd has accepted the award for a RM23.28mil contract extension by ExxonMobil Exploration and Production Malaysia Inc via its unit Jasa Merin (Malaysia) Sdn Bhd.
KL shares open lower in early session www.btimes.com.my 24-Jan-2014 11:00 AM

Share prices on Bursa Malaysia opened lower on lack of buying interest, with losses seen in selected heavyweights. As at 9.20am, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 7.80 points down at 1,800.51 after opening 6.02 points ...
KLCI opens higher but drift lower therafter www.btimes.com.my 23-Jan-2014 10:00 AM

Shares on Bursa Malaysia opened higher but drifted slightly lower thereafter, on continued selling activities led byselected heavyweights. At 9.20am, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 4.82 points lower at 1,809.28 after openin...
SILKHLD- poised for breakout? nexttrade.blogspot.com 22-Jan-2014 5:00 PM

There was a report that SILKHLD has been invited by Petronas to tender for the supply of medium & large offshore supply vessels (OSVs). The business, if materialized, will be undertaken by Jasa Me...

LTInvestor

107 posts

Posted by LTInvestor > 2014-02-05 23:03 | Report Abuse

No toll hike this year but rm400m will be paid to concessionaire. anyone have any idea whats compensation paid to silk? rm0.30 per car?

Posted by aslamsham92 > 2014-02-05 23:10 | Report Abuse

got news that thh secured award from petronas.... then how bout silk??

Mark T Bird

1,444 posts

Posted by Mark T Bird > 2014-02-05 23:12 | Report Abuse

Posted by lee9fold > Feb 5, 2014 02:46 PM | Report Abuse

mark...how u get yr rm3 tp?


Bro, aha question that you have to ask bro Hitman :-)

Risk Trader

3,942 posts

Posted by Risk Trader > 2014-02-05 23:57 | Report Abuse

Moving to new high tomorrow will break to 0.80 cent

Posted by aslamsham92 > 2014-02-06 08:52 | Report Abuse

it seem silk will drop..

psd57

2,314 posts

Posted by psd57 > 2014-02-06 09:20 | Report Abuse

temporary pullback only. Sit back and relax. No problem with good fundamental stocks

Posted by aslamsham92 > 2014-02-06 09:35 | Report Abuse

psd57.. i hope soo

Azli

1,082 posts

Posted by Azli > 2014-02-06 10:04 | Report Abuse

What you guys think? Can I go in with -0.15 cents?

calvintaneng

56,532 posts

Posted by calvintaneng > 2014-02-06 10:16 | Report Abuse

Dear Friends,

Yesterday, the Malaysian Govt has announced that there will not be a toll increase for this year. But Govt will compensate all affect toll road operators to the tune of RM400 Millions. What are the implications? There are three:

1) IT WILL BE GOOD FOR STEEL & CEMENT COMPANIES DIRECTLY. AND ALSO HELP CONSTRUCTION & REAL ESTATE COMPANIES. ALL ARE GIVEN A REPRIEVE FROM FURTHER ESCALATING COSTS.

2) IT WILL BE FAIR TO AFFECTED TOLL OPERATORS. BETTER TO GET TOLL INCREASE. BUT NO INCREASE ALSO OK LAH. SINCE THERE IS SOME COMPENSATION.

3) IT IS NO GOOD FOR ALL MALAYSIANS AS A WHOLE. MONEY WILL BE CHANNELED FROM PUBLIC FUND TO HELP TOLL OPERATORS IN PAYING DOWN HUGE DEBT INCURRED FOR THE BUILDING OF HIGHWAYS.

SO THE VERDICT IS

1) GOOD - FOR CEMENT, STEEL & ALL COMPANIES & PEOPLE USING TOLLS.
2) FAIR - FOR AFFECTED TOLL OPERATORS
3) BAD - FOR GENERAL PUBLIC.

Fitri

143 posts

Posted by Fitri > 2014-02-06 10:19 | Report Abuse

bole percaya ke? kajang election of course they wont announce it first lah. After by-election they will twist and say they were misquoted, blah blah,etc, baru tau.

psd57

2,314 posts

Posted by psd57 > 2014-02-06 10:42 | Report Abuse

calvintaneng: thanks for ur biased preaching as usual. SILK is trading now at 74c ( 6 Feb '14; 10.16 am). Lets see the price later. SILK has O& G + Highway revenue to its credit.

calvintaneng

56,532 posts

Posted by calvintaneng > 2014-02-06 10:48 | Report Abuse

Psd57,

No need to go in and out of SILK. The concession is 33 years. So you can safely hold SILK for as long as 30 years.

Another stock you should think of longer term is MUI Berhad. MUI Berhad Was A BUBBLE at RM32.00 and Every Body Chasing. Now at 20 cents (THE GREATEST BARGAIN ON PLANET EARTH) & Nobody bothered.

The time to really load up SILK was 40 cents & below. That was then. When SILK was at that price below 40 cents there were more sellers than buyers.

tuck2

310 posts

Posted by tuck2 > 2014-02-06 12:27 | Report Abuse

hi Calvin, what's the point of accumulating MUIIND as the vol is extremely low..In fact, it's zero volume today. I might as well putting my $ on some of those active stocks rather than a dead or very inactive stock.

Fitri

143 posts

Posted by Fitri > 2014-02-06 12:34 | Report Abuse

calvin is trapped buying those stocks at high prices, now he's trying to promote them so he can jual lah.

Posted by aslamsham92 > 2014-02-06 12:48 | Report Abuse

how bout sesion 2 today.. will it increase?

ran777

308 posts

Posted by ran777 > 2014-02-06 13:38 | Report Abuse

Silkhldg movement pattern similar like Barakah. Hold and wait.

Azli

1,082 posts

Posted by Azli > 2014-02-06 13:47 | Report Abuse

ran777, What do you think? Can buy now?

psd57

2,314 posts

Posted by psd57 > 2014-02-06 14:24 | Report Abuse

Toll concessionaires mint tons of money on whether or not the toll rate is hiked or not. Spoke to my accountant colleague in PLUS and he had a good laugh - he told me now the compensation money will be paid for the year upfront by the government. No need to wait,better still!. Secondly, more volume from a non-hike, translate into more revenue. Lastly, SILK has another catalyst up its sleeves - O& G Business. The next BARAKAH!!

lee9fold

4,730 posts

Posted by lee9fold > 2014-02-06 14:30 | Report Abuse

psd is confident!

nazrul90

77 posts

Posted by nazrul90 > 2014-02-06 15:06 | Report Abuse

hope tomorrow will be a brighter day

psd57

2,314 posts

Posted by psd57 > 2014-02-06 15:11 | Report Abuse

Toll concessionaires - License to print money!

joel

4,580 posts

Posted by joel > 2014-02-06 15:23 | Report Abuse

SIKLHLD, u rebound again
but this time not rebound last minutes.
Gov will pay pampasan to tols campany.
It is also a income for SIKLHLD too.

lee9fold

4,730 posts

Posted by lee9fold > 2014-02-06 15:44 | Report Abuse

ppl keep on selling...wads wrong with them

Tessa Joseph

7,919 posts

Posted by Tessa Joseph > 2014-02-06 15:47 | Report Abuse

lee9fold you still in?

lee9fold

4,730 posts

Posted by lee9fold > 2014-02-06 15:49 | Report Abuse

yea...i bought earlier...still monitoring

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