to promote economic growth in Sarawak is much simpler, just utilize the large land mass, set up large "Free trade Zone ", invited Singaporian enterprinuers, and global participations , the economy will rocket sky high.
Tp upgrade to RM6 . .......luckily bought some on Friday at RM 5.04 when price went down . If one can hold longer , one can expect higher returns . Good long term investments stock !
1Q15 report is out..44% stood up compare to 1Q14...flying color result!bravo, CMSB!!! Well done...i think all the IB oso jatuh cermin mata....i think they will revise their TP of CMSB soonest...
A good fundermentals stock capable of reaching RM6 in the near term with positive financial results and with excess resources at hand , a wise decisions to accumulate . To exaggerate the price to reach RM10 is far beyond expectations andrisk one can guarantee what is going to happen next since the world financial stocks markets is experiencing and closed to all time stocks and still probably posed a risk to investors !
my only concern is the situation surrounding the local politics and 1 MDB, slowing down the momentum of this stock, otherwise the fundamentals are still strong, My advise is take profit when you can.
Najib: Pan Borneo Highway boost for Sarawak economy Posted on July 2, 2015, Thursday
KUALA LUMPUR: Datuk Seri Najib Tun Razak yesterday expressed optimism that the Sarawak stretch of the Pan Borneo Highway would trigger intensive economic growth and transform the life of the people in the state. The prime minister said the highway would also help realise the government efforts to bring development to the people as the road links the major cities in the state and connects to a highway in Sabah. “It is my dream to see balanced development and a reduction in the development gap among Peninsular Malaysia, Sabah and Sarawak become a reality,” he said in his latest post on his blog, www.najibrazak.com. Najib on Tuesday witnessed the signing of an agreement for construction of the 1,090-km-long Sarawak stretch of the Pan Borneo Highway among the federal government, Sarawak government and Lebuhraya Borneo Utara Sdn Bhd (LBU) in Putrajaya. The accord was signed by Works Ministry secretary-general Datuk Seri Zohari Akob; Sarawak state secretary Tan Sri Datuk Amar Mohamad Morshidi Abdul Ghani and LBU chairman Tan Sri Abang Ahmad Urai Hakim Abang Mohideen. Sarawak Chief Minister Datuk Patinggi Tan Sri Adenan Satem, Works Minister Datuk Seri Fadillah Yusof and Chief Secretary to the Government Tan Sri Dr Ali Hamsa also witnessed the signing of the agreement. The first phase of construction of the highway involves a 773-km alignment, and work on it is expected to begin in September. The Sarawak stretch is part of the 2,239-km Pan Borneo Highway that will eventually link the major cities of Sarawak and Sabah. Najib said that just like the North-South Expressway in the peninsula, the Pan Borneo Highway would open up development opportunities and improve inter-city links. The Pan Borneo Highway is being constructed at a cost of RM27 billion and it is expected to be completed in 2020.— Bernama Print Friendly
Political uncertainty may pulled down this stock which links to 11th MP and PM Najib is involved in USD 700 millions funds transferred directly into his personal account by WSJ .
to johnny cash, as Sarawak economy has very large room for expansion , and many Singaporeans also invest alot in this State,the future sure to be positive, long term bullish is the right words.
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
duitKWSPkita
26,756 posts
Posted by duitKWSPkita > 2015-05-11 23:33 | Report Abuse
Calvin boss...
selamat Malam........apa khabar?
great one CMSB!!!