Hiaptek continuously made better profit since last 2 quarter even under MCO period. Nav 66cents. Many Malaysian economists and IBs believe that the government 2021 budget will spend much more on infrastructures which benefit steel related stocks.
Oh My goodness ! Mahsing closed at RM1.24 (0.295) (+31.2 %) ! Tommorrow Mahsing probably will continue spike up and opened at=> RM1.40 (+0.16) (+12.9 %) and closed at RM1.60 (+0.36) (+29 %) ! Keep it up Mahsing !
GEORGE TOWN: A section of a steel factory at the Perai Industrial Park exploded this evening, hurting six workers and sending plumes of smoke that were visible from Penang island.
In the 4.28pm incident at the Ann Joo Steel Factory, a team of 15 firemen from the nearby Perai fire station put the flames out in 15 minutes.
Perai fire department operations chief Azrul Khairi Abu Bakar said the incident took place at the smelting section in a 3-storey building, where a 1,000 degrees Celsius furnace was located.
He said 30% of the section was damaged.
“We are now cooling down smelted steel. A forensic team would investigate the cause of the incident tomorrow after the metals cool down sufficiently,” he said when contacted.
Azrul said the six workers, all in their 40s, who sustained minor injuries were sent to the hospital for treatment.
Live: Muhyiddin's emergency plan rejected by Malaysia's King
Malaysia's King has rejected a proposal by Prime Minister Muhyiddin Yassin for a state of emergency to be imposed because of the coronavirus crisis. Follow the latest updates here.
6.40pm Malaysia King says no need at this time to declare emergency
Malaysia’s king, Sultan Abdullah Ahmad Shah, on Sunday rejected a proposal by Prime Minister Muhyiddin Yassin for a state of emergency to be imposed because of the coronavirus crisis. The palace said the Malaysian government has managed the pandemic well and is capable of continuing to manage the crisis under PM Muhyiddin Yassin, reported Reuters. The king also reminded politicians to stop all politicking that could affect the stability of the country.
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....
tkl88
8,712 posts
Posted by tkl88 > 2020-10-05 12:06 | Report Abuse
Yes, pre-budget 2021 bull market is coming !
Budget 2021 will be unveiled on Nov 6 !
So, now onwards Iron & Steel theme will be super bullish !
Huat ah ! Heng ah ! Ong ah !