do thing different from public against shark attack, do accumulate when shark wanted to press down, sell when signal goes to green in target and station. Else small fish always been eaten by shark. don't play contra, just accumulate how many you can.... stay long and you will get what you want. Commented badly will not help the share price shoot up, am i right?
LGE did not help the economic and local company but screw up everything. The worst Finance Minister in Malaysia History. Share price for almost all Bursa counters going down since he took over.
Well said William, stock not up mean down, thinking positive if you holding the share cause we trust on it's fundamental, now drop because of market sentimental. SSH more concern on this incident, they put more effort and maybe whole life on g kent, relax, wait n see.
He added that the government had also successfully renegotiated the light rail transit 3 (LRT3) project back in July when the original construction cost was cut by 47% to RM16.63 billion from RM31.65 billion by tweaking the design specifications so that it meets a more realistic passenger demand projection. So, while we are reviewing more public-private partnership (PPP) projects, we do not intend to cancel them, but to change the format and the mechanism implemented, [in which, there will be] no more direct negotiations, but by competitve open tenders," said Guan Eng.
For Gkent LRT3 is on. Many projects can be postponed but at least this must go on. It regardless how bad our economy , at least one Big construction must go on. It creates spiral effect to economy on the positive note. Thus project already negotiated
It GKent is willing to do it now as per above and do it well for current economy recovery sake , it will go well to their record. When our new Malaysia recover, then Gkent can tender also in the future. Tender will include past performance
Collect dividend and rebound, Huat ar. I don’t think SSH can tahan non-stop drop unless they short and buy back. Who panic and contra player have to leave and sell their share to short seller.
It's funny when people is losing they put the government on the chop board. I think we should take it positively it's a calibration for all counter now and is a blessing to buy more...
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....
William Choong
751 posts
Posted by William Choong > 2018-10-08 15:06 | Report Abuse
Construction shares dropped due to Gamuda has lost MRT2 project.... the chain reaction happened to all construction share price.