Dear Friends of i3 Forum,
When MRCB received RI for a Cash Call to finance Bkt Jalil Stadium Construction - the Market responded in dismay and sold down MRCB Shares immediately!
Because RI is bad for MRCB. And people have reacted negatively & given up hope.
Ha! Precisely when people gave up hope for the wrong reason & sold at the wrong time that drew Calvin's attention
See Calvin's Mission Statement in i3 Forum:
As the eagle flies above storm clouds Calvin is not afraid of market/stock crashes. In fact Calvin welcomes them. Because we are to be fearful when others are greedy & to be greedy when others are now fearfully selling MRCB shares due to ignorance.
Why is Calvin bullish on MRCB?
These are my answers:
1) GE14 Election Year will Boost Govt Linked Stock like MRCB
This is no ordinary year. This is the most crucial election year in Malaysian History. This is also a do or die battle for the BN Govt. So win they must at all costs. And BN has already powered up DRB shares from 92 sen to a high of Rm1.86. Lately, BN has pumped monies into the pockets of Felda Farmers to boost their morale. And so MRCB will also not be neglected.
2) INSIDERS HAVE BOUGHT UP MRCB SHARES THROUGH ESOS AT RM1.30
So MRCB share price has fallen below Insiders buying price now. We get them cheaper than Insiders/Directors ESOS price of Rm1.30
This is indeed a happy turn of event for Value Investors
3) MRCB IS OWNED BY EPF. And EPF has been called to do National Service to help the Malaysian Govt by supporting the cost and construction of Bkt Jalil Stadium.
So while MRCB suffered price sold down by the distrusting shareholders Govt has something in Store for MRCB?
For every cloud there is a silver lining. So we think for this unduly & untimely sell down there is a coming windfall unbeknownst to ignorant & myopic shareholders.
Let me illustrate
During the Batlle of Waterloo (the decisive battle in Europe) between Napolean & Nelson, one very Savvy Investor sent a pigeon ahead by spy into the battlefield (in those days there were no telegraph, telephone or tv or even radio) they have only horses & pigeons.
When news came out from the battlefield that Napolean had lost the battle the spy released the homing pigeon which carried the secret news to the Briitish Investor. And he was a man of great Prominent in those times.
Upon receiving the "News First" - the next day he did a very sly thing. Knowing that the people of England followed his every move in the Stock Market he first signalled a "Strong Sell" & let the people "know" of his "huge" sell down.
As the people received "news" that he was selling they thought Napolean had won & Nelson had lost the battle - SO THE STUPID MISLED CROWD DUMPED SHARES LIKE NO TOMORROW! The Market Crashed and
AND THE SAVVY INVESTOR WITH PRIVY KNOWLEDGE SCOOPED UP ALL THE OVERSOLD SHARES GLEEFULLY!!
After that News Broke Out That NELSON HAD WON THE WAR! THE MARKET SKYROCKETED IN FRENZY & THE SAVVY INVESTOR UNLOADED HIS SHARES AND EARNED A HUGE FORTUNE THAT VERY DAY!!
Now is there something yet :unknown" to the ignorant crowd who sold down MRCB Shares in panic?
WHAT IS IN STORE FOR MRCB?
THE ANSWER COULD BE THIS
AS THIS IS GE14 ELECTION YEAR & INSIDERS HAVE BOUGHT MRCB THROUGH ESOS AT RM1.30 GOVT IS ASKING MRCB TO RAISE CASH FOR A MASSIVE JOB AWARD FROM THE ICONIC "BANDAR MALAYSIA"
THERE IS NO OTHER MALAYSIAN ENTITY MORE QUALIFIED THAN MRCB IN BUILDING TOD
TOD OR "TRANSIT ORIENTED DEVELOPMENTS"
SO LET US WAIT FOR THE IMPENDING GOOD NEWS TO ARRIVE.
Meanwhile Calvin & Johor Buddies have turned bullish on MRCB
Calvin Tan Research