Posted by Icon8888 > Jun 19, 2019 12:22 PM | Report Abuse
I took opportunity to build up a big position recently
Turning into my core holding
Again you scumbag, cheater and con man Icon8888 try to tipu members here. Everywhere in any counter you bought some share,you said you had lorries, what a shame because if you had so much money to buy lorries and lorries of shares of each counter, you wouldn't try to con and cheat members here. This shows that you are hard up of money and want to tipu every single cent from members here.Come on scumbag, cheater and con man Icon8888, go and get yourself a decent job instead of everyday here and there you try to con member here. Really you are a Chinese who knows no shame, really you are a Chinese with skin as thick as an elephant, tak malu meh?
Anticon, I am studying every single piece of icon comments everyday. Frankly I don't agreed with you. Write few articles out and publish in I3!! Let prove what you can produce before comment like this.
For those who attended the AGM, you would have know the development, good or bad depends on how you interpret it.
1) The project will not have any delay, the commencement date still will be at 1/1/2020 (wet testing will start somewhere around July or August), However the first 3-6 months of operation, it might only running at the 50-60% of its capacity, this is because the cable from Bann Hat power stations link to Cambodia border will not ready in time (Loas EDL only signed the MOU with Cambodia side on 31/3/2019). Currently MFCB will responsible to do the 120km cable at the cost of USD20 mils (MFCB will sub the whole project to China company, currently in the process of open tender). In return MFCB will charge the usage of the cable based on transmission rate (according to the boss, ROI for this project will be around 12% /year)
Bad news is FY2020 you won’t have the full fledged earning (or possible of further delay of the 120km cable project). Good news is Cambodia is hungry for power. The MOU signed is Cambodia will take up as much as 75% (3 out of 4 turbines) of the total power generated, which means once the cable is ready then the sales of power will be guaranteed for the next few years.
2) As Cambodia come to picture, MFCB is planning to put up another turbine (the 5th one with 65 megawatts) within 2 years after the commencement of the power plant. The location already been identified.
Below news is extracted from Sinohydro official website. It stated the first turbine is ready for power generation (ie wet test for the first turbine is about to start).
I , my family members plus relatives have been.accumulating mfcb and its warrants since 2 years ago. Public bank has been promoting mfcb snce 2015 when mfcb is below 2.00 and at a very low pofile. Public bank has been upgrading the target prices since then to rm 5.00.
Started to buy this counter only last week . This morning added. Hope I m not too late . Haha . Earn a few rounds trading 3 years ago. Now revisit . This time is investing ...no more trading for this one .,, Gogo rm5
PB really did mistake w Lonbis . Really the heart of any company is the management . Mfcb management are pretty solid bunch I believe . Not a goreng counter . Too big to goreng anyway haha .
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....
金刚 般若
112 posts
Posted by 金刚 般若 > 2019-06-19 12:17 | Report Abuse
Thanks for sharing