LeverageFolk, in July last year, MyHSR Corp issued a RFI, calling for concept proposals for the KL-Sin HSR which was closed on Jan 15 this year. On Jan 15, MyHSR chairman said 7 local & international consortia, comprising 31 firms, had submitted concept proposals for the project. The findings from the RFI evaluation will be presented to the MOT & the cabinet for deliberation.
Folk, according to sources privy to the matter 3 consortia’s concept proposals are believed to have been shortlisted for the Rm70B mega infrastructure project.
29/03/2024 9:51 AM
LeverageFolk, to make money in stocks, you need to have vision to see them, courage to buy them & patience to hold them. But sadly patience is the rarest of the three.
29/03/2024 10:01 AM
theyoungmanIf making investment decision based on getting HSR project alone? Errr. No comments.
Not easy for HSR.
29/03/2024 1:40 PM
theyoungmanFor long term play, this bb may have a lot more stories to write become news and they are always lined up to post at the right time. By making use of such news, it may become attractive and able to lure investors, punters, speculators, market makers, OPs, uncle aunt to hoot and hence price surge up and then drop (some ppl loss $ and some ppl won $ from those who loss).
Based on number of possible news can be written as stories and news to post for near future. Yes, this BB may be still good to invest.
Oh ya. Dividend coming? 😘😋😋😋
29/03/2024 1:44 PM
BoringguyPenang LRT go on!! https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/%E9%99%86%E5%85%86%E7%A6%8F%E6%96%992030%E5%B9%B4%E5%90%AF%E5%8A%A8-%E6%A7%9F%E5%9F%8E%E8%8E%B7%E6%89%B9%E5%BB%BAlrt
29/03/2024 4:24 PM
theyoungmanOh. News posted slowly. Is like that. But OPs have cushioned lowest price of (average) around 0.40. At 0.60 and push up, they are still very safe.... Who will be in danger leh...
InvestormyPenang LRT to benefit MRCB. Connecting to Penang Sentral & neighboring land which is owned by MRCB. Get ready for next week to clear 70 sen
29/03/2024 6:51 PM
InvestormyBased on MRCB annual report, MRCB got almost 800,000 sq feet of development land near Penang Sentral. Land is only value appx RM350 per sq feet based on value more than 10yrs ago. Waiting for MRCB to unlock the true value of the land once Penang LRT completed
29/03/2024 7:07 PM
LeverageFolk, the Mutiara LRT Line 29km long with 20 stations project stretching from Silicon Island to Komtar & then cross over to Penang Sentral has finally received approval by the cabinet.
The project will be divided into 3 main components. 1. The contract for civil construction works for Segment 1, which is the Silicon Island Alignment to Komtar will be offered to SRS Consortium. 2. The contract for civil construction works for Segment 2, which is the alignment from Komtar to Penang Sentral via an open tender. 3. The turnkey contract for system works & rolling stocks through Build-Maintain-Transfer (BMT) via an open tender.
There you go folk as MRCB stands a chance to clinch upcoming rail job.
InvestormyRHB & OSK increase target price for MRCB from 70sen to 80sen
01/04/2024 11:53 AM
theyoungmanBrokers always do that. That's their tricks.
01/04/2024 12:37 PM
paktua73hi semua..jika anda miss MRCB.. joined paktua play new born counter Zantat now just rm0.49 before hit rm0.70 soon
tut tut come joined paktua swing new born counter
01/04/2024 6:55 PM
theyoungmanIMHO. No offence. Avoid invest in a company which we are unfamiliar with. This is the basic rule of thumb for investment. Avoid speculation, punting and contra. Say no to margin facilities and loans (incur interest and stressful if one is doing that). We can rather miss it and give it a pass and give wishes to investors or traders who r really love those companies. And avoid watching top vol if possible, it is useful for traders but not for investors
My2c. IMHO and may not be correct. No offence ya. 👍🐲🐉💯♥️
LeverageFolk, the ability to foresee is rare, & the ability to continue to hold the same buying rational when the stock drops for no apparent reason, is much rarer. Therefore we find it less attractive than before, though it should appear more attractive.
Here you go: EPF holds the largest stake in MRCB with a notable 36.2% direct holdings has blossomed into collaborative ventures in development project exemplified by the Bukit Jalil Sentral project. - To launch approximately RM3.6 billion worth of properties in the year like in Bukit Jalil & PJ Sentral as well as in New Zealand’s most populous city, Auckland. - Land bank of 1,148 acres of land that translates into a gross development value of RM31B adequate land for future projects.
Active orderbook provides 6 years of earnings visibility for the E&C sector: - With active orderbook stood at RM15.7 billion as of 31 Dec 2023. - Actively tendering for new projects totaling to RM30 billion excludes project tenders already won but project values yet to be firmed like the redevelopments of Stadium Shah Alam and KL Sentral station.
Low net debt to equity: - Debt to equity ratio has slightly decreased to 0.40 times in FY23. - Net debt to equity has lowered significantly to 0.19 times. - With the low net debt to equity level, MRCB enjoys ample flexibility to fund potential infrastructure projects in the future.
03/04/2024 12:01 PM
TanleechooTqsm Leverage for sharing.. but how u rate the current board n mgt team.. are they doing a great job for the past ?
DickyMeProperty development is the destruction of fertile agricultural land. Thus, creating artificial shortage of food supply and denying animals of their habitat. Greed of humans is the cause of extinction of many living beings. They are proud of pigeon hole homes and drown in false satisfaction of living in cubicle similar to prisoner cells. The difference between city dwellers and prisoners is, prisoners don't pay. They create a living atmosphere, full of stress, pretend to be busy and abandoning their parents, cry over booming living expenses for basic necessities. When they get a few days off they run out outskirts and yearn for peaceful life which they destroyed. Silly educated fellows.
12/04/2024 3:11 PM
Zikir95memang pecah 70 sen. Siapa pakai raya duit beli MRCB？ 😁😁
prudentinvestorMarket is very volatile right now. This morning Dow Futures nose dived almost 500 points and Nikkei 225 by over 1,400 points at one point because of fear of war between Iran and Israel. Trade cautiously mates.
