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Technical Indicators
Simple Moving Average
Relative Strength Index
William %R
Money Flow Index
Rate of Change
Stochastic Oscillator (Slow)
22 people like this. Investormy https://www.nst.com.my/amp/business/corporate/2024/03/1030577/mrcb-kimlun-corp-among-companies-set-benefit-expedited-flood 26/03/2024 9:33 AM NRahmat Malaysian Resources Corporation is positioned for a robust rebound after breaking above the immediate resistance at MYR0.61. This was followed by consolidation at the same level yesterday, with the stock maintaining its position above the 21- day SMA line. If it continues to surpass the immediate resistance, there is a likelihood of the stock trending higher towards the MYR0.64 resistance, and potentially the MYR0.705 resistance. However, a fall below MYR0.57 would invalidate the bullish bias. Source: RHB Securities Research - 21 Mar 2024 26/03/2024 10:46 AM Goldberg 'MRCB, Kimlun Corp among companies set to benefit from expedited flood mitigation projects By S. BIRRUNTHA - March 26, 2024 @ 9:29am KUALA LUMPUR: Malaysian Resources Corp Bhd (MRCB) and Kimlun Corp are among companies expected to benefit from expedited flood mitigation projects within the construction sector, RHB research said. The research firm said the federal government has allocated about RM11.8 billion under Budget 2024 for flood mitigation projects spread across 33 high priority projects. 26/03/2024 12:14 PM Investormy In the meantime, CIMB Securities advises investors to focus on contractors with a good track record in Sabah and possess a strong balance sheet such as Gamuda Bhd, IJM Corp Bhd and Malaysian Resources Corp Bhd (MRCB). 26/03/2024 1:37 PM NRahmat Tomorrow continue the show https://klse.i3investor.com/web/blog/detail/rhbinvest/2024-03-26-story-h-185530132-Construction_Flood_Mitigation_Projects_on_the_Horizon 26/03/2024 5:08 PM NRahmat Investable ideas in the flood mitigation space include Malaysian Resources Corp which has been shortlisted for a flood mitigation job in Selangor. This is not a surprise as MRCB is currently involved in the MYR380m Muara Sungai Pahang Phase 3 flood mitigation project. Aside from this, Kimlun Corp (KICB MK, NR) has expressed its intention to bid for flood mitigation projects which will most likely be in Johor given the group’s prominence in the state, in our view. We also do not discount the possibility of Rohas Tecnic (RTEC MK, NR) potentially clinching flood mitigation projects in the near future. This is premised on its involvement in the MYR85m job constructing pumping stations at two existing retention ponds and laying water pipelines to convey the water to the Semenyih Water Treatment Plant (WTP) intake. 26/03/2024 5:08 PM Investormy There will be RM100mil extraordinary profit to be recorded this Q1 for the sale of Plaza Alam Sentral and PJ Sentral acquisition. 27/03/2024 7:51 AM NRahmat https://www.thestar.com.my/business/business-news/2024/03/27/property-stocks-rally-on-declining-unsold-units-new-launches?fbclid=IwAR2OXOtWdsrgEqgpR_yN2DRSGz4F4UxXkbyk4ydV10dgQqx1aBuRuxrfd50 27/03/2024 2:12 PM Leverage Folk, MRCB need a confirmed breakout above the 69sen to extend rally towards the 74sen, with next resistance at the 79sen, and key uptrend supports at the rising 50-day ma (59sen) and 100-day ma (52sen). 27/03/2024 2:32 PM Leverage Folk, waiting helps you as an investor & a lot of people just can't stand to wait. 1. Shortlisted for HSR Rm70B project: YTL-SIPP Rail MRCB-BRail-IJM-KTM China Railway 2. Pan Borneo Phase 1B (Sabah) Rm15.7B Contenders: IJM WCT MRCB GBGAQRS Gadang Binapuri TRC 3. Flood Mitigation Rm11.8B Contenders: Gamuda Kerjaya Prospek Suncon TRC MRCB Varia Kimlun Rohas Naim Other prospects a. May come from MRT3 - a chance to secure the elevated section. b. May also benefit the reinstatement of five LRT3 stations. 27/03/2024 4:53 PM Investormy There was a huge purchase of more than 15k lots at 66sen before closing. 27/03/2024 6:39 PM Investormy https://www.thestar.com.my/business/business-news/2024/02/19/value-unlocking-initiatives-stand-mrcb-ingood-stead 28/03/2024 1:16 PM 5354_ Leverage "Shortlisted for HSR" meaning still not confirmed? Why take so long(already 2.5 months from 15th Jan deadline HSR proposal submission)? How long more must wait? 28/03/2024 5:37 PM | |