Ahead 1268, When going to be high,to make it higher, they will arrange at sellers smaller volume . Not as per today0.845 n 0.85 At higher with news if any,going highest then volume will come in .The highest will be around 1.05 to 1.10 Short Term.
Ppls buy in TRC not because of this Q2 quarter result. Wait for next Tuesday. If you are free during this weekend, go to their construction site to see workers start work even without official announcement.
The Group’s wholly-owned subsidiary, Trans Resources Corporation Sdn Bhd (“TRC”) had on 10 March 2017 accepted the award from Mass Rapid Transit Corporation Sdn Bhd, in relation to the contract known “Package V205: Construction and Completion of Viaduct Guideway and Other Associated Works from Kampung Muhibbah to Serdang Raya for Projek Mass Rapid Transit Laluan 2: Sungai Buloh-Serdang-Putrajaya (SSP) (Contract No.: MRTCORP/KVMRT-SSP/V205/CW/001/01/2017)” for a contract sum of RM858,180,000.
Further, on 8 May 2017, TRC (Aust) Pty Ltd (“TRCA”), a wholly-owned subsidiary of the Group, entered into an Operating Services Agreement with Starwood Australia Hotels Pty Ltd for the provision of operational and other required services of the hotel which to be developed by TRCA in Melbourne Australia.
Trc have a lot of projects..and people buy becoz their growth,projects coming in continously..just add if drop..n check back the price end of this year..chill bro
Profit taking is normal..even hevea got good QR gap down..but then see alot of people 'sambut' n push back..when u know the company value,u will chill bro..
I'm still disappointed with the margin. Is any new awards will help? Is share priced in already as price now is at all time high. Further, the duration of projects exiting or new is on long term >4 years. Is that mean revenue / profit recognition would be longer?
Yea, few projects are in the pipeline. TRC is one of the cheapest and well managed Bumiputera status company. Their director is well known in this industry.
This company very much on projects driven. Fundamentally good company. Long term seen to be uptrend. Also good for shorten trade but must enter at right point to make 5-6 cents margin.
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....
lordng94
158 posts
Posted by lordng94 > 2017-08-23 10:30 | Report Abuse
i still laughing for those who dispose at 80 cents.