Posted by lotsofmoney > 2018-06-02 11:44 | Report Abuse

RIP : Rest in prison for swindling the Rakyat. Best example of BN cronyism.

Posted by KLCI King > 2018-06-02 11:46 | Report Abuse

1st GST gone, now immigration stuff gone, it means the big fat profit generation businesses gone, now left with 2 ringgit service business only.

What Jon said is very correct, I quoted below:

"At the end of the day, LIIHEN, despite being managed well, is still in a cost based cyclical industry. And is in the later end of the cycle. A P/E of 7 then may very well be too high, if one expects deterioration of earnings in a few years."
http://klse.i3investor.com/blogs/PilosopoCapital/159235.jsp

Posted by KLCI King > 2018-06-02 11:48 | Report Abuse

Even a low P/E then may very well be too high in the coming years, if one expects deterioration of earnings in the foreseeable future. What if MyEg's historical PE is 14 now?

Posted by KLCI King > 2018-06-02 11:51 | Report Abuse

With this news, MyEG will limit down again on Monday?
https://m.malaysiakini.com/news/427910

Immigration Dept ends rehiring programme, impacts MyEG and two others
https://www.thestar.com.my/business/business-news/2018/06/01/immigration-dept-ends-rehiring-programme-impacts-myeg-and-two-others/

MyEG contract to be terminated by end-June
https://www.thestar.com.my/business/business-news/2018/06/02/myeg-contract-to-be-terminated-by-endjune/

Posted by traderman > 2018-06-02 11:51 | Report Abuse

yes, triple limit down till 1 cent

Posted by Victor Tan > 2018-06-02 14:18 | Report Abuse

Those are old news... the FWR is suppose to end on dec 2017 but was extended until June

Posted by freddiehero > 2018-06-02 14:20 | Report Abuse

giv 0.07

Posted by Yu_and_Mee > 2018-06-02 16:03 | Report Abuse

Limit down on next Monday

Posted by apolloang > 2018-06-02 16:23 | Report Abuse

pencorp down from RM 28 to PN 17 after anwar been arrested, scomi fell from above RM 10 to 10cts after bodowi is gone.

Posted by leslieroycarter > 2018-06-02 16:24 | Report Abuse

No more contract given n the outcome will be horrible...

Posted by Yu_and_Mee > 2018-06-03 18:28 | Report Abuse

To be safe, have to cut loss instead of placing high risk hope on all GLC and construction linked companies with our hardworking money. We earned money by hardworking day and night. Not worth to take such risk. Invest in Banking is the safest so far because if banks have issue, then no need to hope any industry can be great.
Not a bias but this is the fact we are seeing in front of us. Hope for a turned turtle to walk back is not easy unless miracle happen where a kind person go to turn over the turtle.