During such an unprecedented time when economic activity has slowed down due to the Movement Control Order (MCO) and COVID-19, it would make sense for a company to cut back on its capital expenditure but we have done the complete opposite,” added Tan Sri Mohd Bakri.
“Up until the end of July, we have invested RM6.3 million (USD 1.5 million) into infrastructure improvements at Labuan Liberty Terminal despite a reduction of approximately 35% in cargo volume.
“Our stakeholders and port users have seen and appreciated our efforts, and we have received positive feedback in return.
Soon people will take their profits from rubbish penny stock...and buy straits cheap cheap......straits boss....keeping it so cheap.....lelong lelong lelong......
3 million selling at 17.5sens.....doesnt look real to me... Looks like artificial blocking.....trying to keep price low.. Not sure for how long........
Literally if we bought ANY other rubbish penny stock below 20 sen, we would be laughing to the bank ahah.. Goodway, Bintai,solution, gpa, ancomlb, nice,myscm,RGT ,muiprop ,tfp, Esafe, XOX ,Systech, gets,ptrans, sersol, aemulus, dnonce, arbb,ybs.....the list goes on... all have jumped multiples of 100% ahaha... straits struggling to mantain 10% from March low..
Ptrans is a solid fundamentally sound company. No goreng there. I am invested there since early 2017 and have been increasing my stake with every good quarter however I have yet to make a 100% return hahaha. Currently averages out about 20-30% a year.
Gets jumping from 15sens to 50sens...has also activated ptrans....15sens to 30sens.. Nothing beats straits 13.5 to 16.5........tomorrow i will buy another 2000 shares at 17.5sens....hahaha This sleeping stock....RM350 is enough... Slowly raising my Amtel stake....Now reaching 20k shares....cold stock....
This quarter..8 out of 10 companies showing losses. If can stay green....u are considered very lucky... Lets c how the market translates this....by right should move up to 20sens.....lets c
The margin of profit from the port is high... Company doing alright....affected by the covid crisis...should do well....months to come.... Share price holding well....17/17.5...
It should make a lost QR. Then attract sell down . Follow by next good prospect news and QR and punters will be chasing and over chased till over bought. This is how it should work. Too Calm with steady income and without DIV. Nobody will come in here
Straits land-logistics sector.....losing money every quarter...the director in charge of this....what is he doing. Last quarter lost 700+k...this quarter lost 800+k.... MD should look into this....wasting money..
52weeks low for this profitable ctr is 13c. 17c is a steal now. Pandemic failed to see it bleeding financially in the past 2 crucial qtrs. Impending qr should be much more better when all its cylinders r firing..
This article above..might help straits move its dissenfectant business...in the port of Singapore... Fingers crossed.......new business may take off in a big way....soon.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
satha44
1,749 posts
Posted by satha44 > 2020-08-25 07:48 | Report Abuse
During such an unprecedented time when economic activity has slowed down due to the Movement Control Order (MCO) and COVID-19, it would make sense for a company to cut back on its capital expenditure but we have done the complete opposite,” added Tan Sri Mohd Bakri.
“Up until the end of July, we have invested RM6.3 million (USD 1.5 million) into infrastructure improvements at Labuan Liberty Terminal despite a reduction of approximately 35% in cargo volume.
“Our stakeholders and port users have seen and appreciated our efforts, and we have received positive feedback in return.