super888, changing from one hand to other hand..you will see the power later..cant tell much here..people who know me in TRC forum here, already started to follow my call since March.
Really very UNUSUAL counter... maybe time will tell or so many project in hand will call for right issue later for the working capital may dampen the sentiment!
LTH selling again. despite all the selling the share price looks ok still. I believe another big player is collecting their shares. not too sure who they are. we will see once they become substantial shareholder.
Really amazing n interesting counter. If tomorrow announce another big project I think this counter will be no feel one. Interesting right? Private arrangements yet to resolve maybe. Just wait and see.
I think the management is weak in cost estimation resulted in winning projects with skin-deep profit margin. This is reflected in their quarterly financial reports on explosive revenue with discouraging profit margin.
MRT 2-related job is actually JV. KKM owns a 55% stake with the remaining 45% owned by TRC. The effective contract value to TRC is just only RM156.7m. People that always push this stock will not tell you the net value is actually much lower which is rm156.7 mil.
I'm done with lrt3, mrt, what Eva monorail job play. It's all priced in and one thing that they will not tell you is these jobs margin might have very2 low margin of around 2-3% due to desperate of getting awards/top line while jeopardising the margin/bottom line (bidding lower price than competitors). This also applies to other stocks such as wct, gadang etc. That's why price doesn't move up when getting those contracts/awards.
This round only little how about previous week exceeding 0.7 bil ma oso no move. Today something strike my mind thought PM announce for GE14. I think better for TRC run up before GE14 as this counter have political risk. If BN lost control easily gap down cry oso no tear but if BN win wolud it gap up sharply!
This forum quite liao. All switch to US stocks liao. So envy with US stocks. Damn matured n steady. Can we don't look at TRC for 3 months then revisit see whether ended 0.60 or 1.00. Hahaha.
zexon. the big shark build up the stock? is it too obvious? i just know when the share price drop to 0.8, big shark is coming. Suddenly it disappear again. so weird
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....
Rukawa
126 posts
Posted by Rukawa > 2017-09-14 13:30 | Report Abuse
Great news! Won a new contract again! And big one yet to come, no wonder see some funds accumulating the shares. Foresee uptrend started soon.