Refineries always post when oil price drops consecutively , this quareter will be a loss, hope thats a good next quarter guys.

Refineries always post when oil price drops consecutively , this quater will be a loss, hope thats a good next quarter guys.

Hi guys , to be fair i admit there's tons of short term euphoria price went up.

I would say that to promote positive market sentiments for certain stocks,
Stock traders or research firm analysis will WRITE GOOD COMMENTS or PUBLISH HIGH TP to create illusions of good sentiments for certain stocks.

According to my observation, GKENT has always trace back to RM 1.30 when RM1.5++ has reached. The construction sector's future will be highly dependant of government's fiscal budget.

Do remember that government has emphasis A LEAN BUDGET to reduce debt as an overall big picture.

IJM, Gkent, Muhibbah, WCT, MRCB are some of the experience players in same field.

@bluebiznet I have said gamuda is a experienced construction player, however, getting contract from government is not a sure thing compare to previous era.

Investors should take note of EPF is driving up Gamuda's price sharply recently which pose chances for short term correction. (downside risk)

Previous project are always obtained on abang-adik basis.
Competency and efficiency required under open tendering procurement.

Negative and Positive Side
Negative Side:
1.) All GLC has common problems in effectively carrying out projects.
Gamuda has 3 material litigations which could possibly cost few hundred million lost if lawsuit turns sour.
2.) Gamuda face challange to obtain project under OPEN-TENDERING process.

Positive Side:
1.) Gamuda has strong chance to win contract due to experienced in government project construction.
2.) Gamuda has made stable profit for its projects.