still more downside to go, wait for good price to re-enter
The research house maintained its “underweight” recommendation for Lafarge Malaysia with a lower fair value of RM1.50 (from RM1.52 previously) based on 0.5 time its book value (its book value has shrunk due to the continued losses in FY18).
7 Jun 2018 · KUALA LUMPUR: Following expectations of the East Coast Rail Link (ECRL) not being shelved, stocks of construction companies linked to the rail project rebounded yesterday. ... Hence, shares of construction companies such as Gabungan AQRS Bhd , George Kent (M) Bhd and Lafarge Malaysia ...
KUALA LUMPUR: Following expectations of the East Coast Rail Link (ECRL) not being shelved, stocks of construction companies linked to the rail project rebounded yesterday.
An online portal disclosed that there is a heavy penalty imposed to terminate the project of some RM22bil, should the new government cancel it.
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....
BlackWhite
1,053 posts
Posted by BlackWhite > 2019-04-06 16:11 | Report Abuse
Hard to see Government will spend on infra, since now they need to sell their pants to pay debts