luckily im holding until now

when price drop, tokokkk888 will come out and kacau again

Thanks Demotedloveangel.

For me, my situation is still the same, collect as much as i can when below 0.300 and hold till 1.00

CIMB Research
13 January 2016

Instacom Group
ADD, TP RM0.67, RM0.28 close
Instacom is the clearest proxy to Chinese contractor-led projects domestically. Possibility of new rail jobs largely funded by the Chinese could be good news to the group given its existing track record with CRCC.

Construction
New privately funded double track rail line
■ StarBiz reported that a new RM5bn double track rail line is being planned.
■ This is a positive surprise; Instacom is the best proxy if CRCC secures the project.
■ Sector Overweight call maintained; Gamuda and Muhibbah are still our top picks.

Privately funded new rail line on the East Coast; positive surprise
● A new double-track rail line linking Mentakab to Kuantan in Pahang is being planned
and it will be entirely financed by the private sector. According to sources, this will be
the first time the infrastructure is fully borne by a private sector entity with the
government not having to bear any operational or financial risk. The project has been
approved by the top level officials in the government and is expected to be announced
soon. The rail project is likely to start construction in 2017.

RM5bn price tag, 100-120km
● The new double track rail line is estimated to cost RM40-60m per km, and translates
to a total value of c.RM5bn. It is expected to be used mainly to transport cargo
although it may include passenger services too. Including the Mentakab-Kuantan line,
there are now two major rail projects that will kick-off in 2016. The other job is the
RM8bn Gemas-JB double tracking project (197km), which, will also be largely funded
by Chinese major contractors. This project is at a more advanced stage.

Chinese funded, led by CRCC; could be awarded soon
● The article also highlighted that an entity from China has expressed interest in
undertaking the project. The article suggested one China-based rail infrastructure firm
with notable presence in Malaysia: China Railway Construction Corp Ltd (CRCC),
which is China’s largest state-owned construction company with a presence in over 60
countries. Our separate checks have confirmed that the Mentakab-Kuantan rail line
should be awarded over the next 1-3 months.

A potential play on Instacom
● If CRCC secures this job, we believe Instacom should emerge as the best play.
Among contractors under our coverage, Instacom is the clearest proxy for Chinese
contractor-led projects domestically. The possibility of other new rail jobs largely
funded by CRCC could also be good news for the group given its track record in
winning subcontract packages from CRCC building and infra projects in Malaysia.
Instacom’s outstanding orderbook stood at RM1.9bn as at end-2015.

Overweight call on sector
● New jobs emerging for 2016, including this new rail project, support our Overweight call on
the construction sector. We expect a strong year of order flow across the board,
underpinned by good newsflow. Private sector-led projects, including those funded by
Chinese entities, are among the key drivers, in our view. Gamuda remains our top big cap
pick for its exposure to MRT 2, Pan-Borneo Highway and Penang TMP, while Muhibbah is
our preferred smaller cap pick for its exposure to downstream oil & gas infra.

end of the year will reach 15.000

chinese new year ang pao coming !!!

will hold it until 1.00, no matter how long it will take.

congratz zbaik! You can take the 12% profit to buy some medicine for yourself

agree with you jerry, although I'm not holding instaco, just a survey in here, good luck guys! I believe Instaco do have a bright future as I know the way of Datuk Seri doing business. No worry for those long-term player. Cheers.

this zbaik same pattern with craptree in Glotec, when price drop they come out, when price go up they hide =.=, abang adik ke ?