MCT BHD value of the total portfolio (NTA) is RM 0.626 (RM 0.32 is the Nett Cash)
200MA (200 days Moving Average) is RM 0.2429
Average Volume for the past 4 weeks = 373,578 which is 5 times above the Average Volume for the past 1 year = 72,061 Latest trading volume seems signalling there is something big brewing up? Privatization soon? Privatization price at least RM 0.40 or more.
Latest MCT share price (24/04/20) is RM 0.195 Upside Potential to the 200MA is +24.56% (RM 0.2429) Upside Potential to the Company Nett Cash Value is +64.1% (RM 0.32) Upside Potential to the minimum Privatization Value is +105% (RM 0.40)
Don't miss the boat to grab this much undervalued stock @ RM0.195!
It is rumoured that *MCT* is going to embark on a big corporate exercise very soon. Big projects or asset injection or take over or to private d co ??? Only Gods know
RM0.80 was not a privatisation price, it was a price that the big shareholder deemed fit to hold, and was willing to support. Anyway, the price fell to 30sen, maybe due to the public spread problem. Whether the shares can go back to 30sen, depends really whether they can make any money from their project in Cyberjaya.
Public spread is not a problem anymore after UJ disposed more than 5%,this will be known by 30april2020 annual report. Once announced by bursa Mct will fly again,now forming a base around 0.19.I am keen to know who was buying big on 14 and 15/4 huge volume
Mct has more than 300 acres of undeveloped land at cyberjaya(near Mrt3),value of the land around 4m/acre(iproperty data),how much this company worth? Evaluate yourself
I believe Covid19 is here to stay. This is a sign of end time. According to the third prophecy of Fatima, the angels shouted “Penance! Penance! Penance!” If no penance, things will be difficult to settle.
i cut loss at 0.195 this morning, it has been adjusting for quite some time already, it keeps trying to stand above 0.205 but failed, let it break first
Super99, you have acted correctly. There is always another day. Market will rise and fall, and many will perish. Those who lived, will be able to catch the rising tide.
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....
alvin5588
474 posts
Posted by alvin5588 > 2020-04-24 11:35 | Report Abuse
no enough power...