I think a 10-20 % return for MA STEEL will be easily achieved.First, value investors will be interested in the stock. Then, trend followers will be interested as well.
Warren Buffett Strategy: Long Term Value Investing
Long Term Value Investing Benjamin Graham taught the long term value investing strategy of purchasing stocks at a price below their intrinsic value; then holding them until their price reflects the real value of the company. Warren Buffet described Benjamin Graham’s Intelligent Investor as “by far the best book on investing ever written”.
RM22b of compensation, penalty charges if ECRL cancelled Author: savemalaysia | Publish date: Wed, 6 Jun 2018, 01:57 PM
KUALA LUMPUR (June 6): If the government plans to terminate the East Coast Rail Link (ECRL) project, it will have to pay about RM22 billion in compensation and penalty charges, reported The Malaysian Insight.
According to the news portal, the compensation package includes payment to suppliers, dismantling costs, the loan principal, interest charges and committed orders for supplies and services.
If there are disputes over the compensation amount, it will probably be settled through arbitration, which could take several years, the portal added.
Additionally, the loan agreement with Exim Bank of China, which is providing 85% of the funding for the project, does not have a termination clause, and a contract termination would lead to a loan default that would need to be repaid within 30 business days.
Phase 1 of the RM66 billion rail link is now nearly 20% completed.
ECRL will go on, too much work already done to cancel it but probably will be modified and costs renegotiated. Good for steel manufacturers as there will be demand for steel products. Good news lah.
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....
Maurice1688
716 posts
Posted by Maurice1688 > 2018-06-01 23:22 | Report Abuse
有些人真的很不 make sense 的 输了就怪人 赢了就静静