COMMENT | The hammering Pakatan Harapan suffered in the Tanjung Piai by-election yesterday ought to be the perfect antidote to Prime Minister Dr Mahathir Mohamad's hubris, the pride that goes before a fall.
BN's crushing margin of victory leaves the PM with no room to weasel out of the reality that the vote was a referendum on his leadership.
The Malay dignity issue, of which Mahathir recently seemed so concerned with, has boomeranged with a biting edge on Harapan's supremo: Does he now have the grace to recognise the writing on the wall, that he's a liability to the ruling coalition and has to go, pronto?
In other words, does he have the dignity to yield – the premiership of the country – gracefully what he no longer has the legitimacy to retain?
Lionind Deposits, cash and bank balances are 392 mil, but their market cap only 255mil. i guess got somebody is pressing down to buy cheaper. 20/11 will held EGM for re-starting megasteel which only monopoly in local flat steel in Malaysia.
if Megasteel project "ON" back, estimate can contribute back to Lionind nearly RM4 Bil revenue just 50% utilization, but need at least half year only can see the result.
Hot Rolled: 1.8 Mil MT x RM2000/ average MT price (RM 3.2 Bil) (Annual max capacity 3.2 Mil MT, Year 2018 Malaysia 2.2 Mil MT import)
Cold Rolled: 0.35 Mil MT x RM2500/ average MT price (RM875 Mil) (Annual max capacity 0.7 Mil MT)
I still fresh remember , Lionind in one day hit the record high previously , limit up few round , wilsonchan87 really smart than off shore , he smell it , history repeat , not other matter , Megasteel plant is the hot spicy issue .
Good steering man always reptile done , only cool blood can win the game , i admire its rhythm play , collect attitude handling skill , only expert feel the excited .
0.32 if touch , later on all is heading north elements , will touch history lower , i know the testing , test pile , diaphragm the structure , most solid foundation is form , station rocket on build .
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....
khatulistiwa1234
46,261 posts
Posted by khatulistiwa1234 > 2019-11-16 21:46 | Report Abuse
BH boleh , OLD HORSE is time to step down ,shameful .